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Is It Possible For A Business Owner To Always Say No To Credits?
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[QUOTE="Johnson2468, post: 306715, member: 93261"] For a business owner to say yes or no to a credit, It depends on the type of business, how financially stable it is, and the owner's financial goals. A business owner may not require credit if they have sufficient cash on hand and a consistent flow of income. However, taking on some debt could be necessary to maintain business operations for businesses that demand large investments or have seasonal income volatility. Moreover, not all debt is bad debt. Long-term benefits can outweigh the expense of interest when borrowing money to expand the business or invest in a new product line. [/QUOTE]
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Is It Possible For A Business Owner To Always Say No To Credits?
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