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Funding a business
Risks associated with using personal savings to fund a business
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[QUOTE="Ramolak19, post: 309262, member: 72962"] Well, I think you have made some point about using a personal savings to fund a business while i think it could be risky. There is no guarantee that the venture will succeed, and if it fails, you could lose all of your money. In some cases there may not be enough capital available for necessary investments in marketing or research and development. And also using personal funds can create financial strain on other areas of life such as housing costs or retirement planning. It's important to weigh these risks carefully before deciding whether this option is right for you. [/QUOTE]
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