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Business Ideas Forum
Pay your business dept and liabilities as early as possible.
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[QUOTE="CALVINDOL, post: 244704, member: 43757"] It is absolutely advisable that we pay off our business debts and Owings as fast as possible . It's very important that we totally understand how bad it is that a business keep piling up or necessary and unknown liabilities it is also advisable that we pay off our business debts possibly when we actually have the money so that we do not keep piling up our business liabilities . Because that will only make our business incur unnecessary stress and hardship which is totally not good for we as the business owner and for the business at large . We must hundred percent be mindful of the amount of money we collect as loan possibly from a colleague entrepreneur or from a business financial institution . We must be very sure that the loan we are about to collect is an amounts that we are actually going to pay back not an amount that is totally overwhelming and could sink down our business when trying to pay back . We must be able to ask ourselves what possible ways we will be able to pay off the loan possibly if the reason why we collected the loan doesn't turn out to be as positive as we planned or expected . [/QUOTE]
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Pay your business dept and liabilities as early as possible.
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