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Business strategy
Should i start small or get a loan
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[QUOTE="TOZZIBLINKZ, post: 229548, member: 37528"] [I]They question whether to get a loan or to start with a small initial capital you have to establish a business or to implement a particular business idea you have in mind , is a question asked or mostly asked by new individuals going into business . Just ask it is advised for us to survey and area before buying a land , same is advised to establishing a business we must first of all survey what are the possibilities that may come about , if we take a particular business loan in order to establish a business of our choice . It is not always advisable to collect a loan from a a bank in order to establish a business , this is because there is always a slight possibility that the business you establish may not go as expected and could dwindle rather than making profit. if you have no choice than to collect a loan from a bank you must make sure to have an alternative in mind in case your business you intend to establish with the loan does not go as planned or expected. If you do not have an alternative , it is advised not to even collect the loan at all so as not to incur unnecessary and unbearable debt on yourself . [/I] [/QUOTE]
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