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Is it wise to start a business with borrowed money?
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[QUOTE="marcusfe, post: 80512, member: 28292"] There are many people with good business ideas but financial constraint has been their major obstacle. Many of them would have become CEO, while many would have become great business owner but lack of capital has defeated the purpose in them. Since we all know that is always difficult for average citizens to gather enough fund to start a business, is it advisable for such a person to go and borrow a loan to start business. Though I'm one of the advocate of don't take a loan to start a business, but in this case I feel the average man does not have a choice except he will just forget his business ambition and look for something else. What do you suggest such a person to do in this case? [/QUOTE]
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