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Business strategy
Should i start small or get a loan
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[QUOTE="Holicent, post: 256057, member: 76163"] This is a question that’s often asked by many people. Should I start small or get a loan? The answer depends on what you want to do and how much money you have. If you want to invest in your business, then it’s better to invest in something that can generate revenue than just starting off with nothing. On the other hand, if you don’t have any money at all and need some cash flow for your business, then it might be wise to get a loan. In today's economy, you may be wondering whether it's worth starting your own business with a loan. One way to get started is to borrow from friends and family. But if you're not using their money for something worthwhile, they may not be happy about it. Plus, there's the risk that they'll say no if you ask for more money later on. You might also consider searching for grants or start-up financing options like crowdfunding. These can help you get the funding you need without having to rely on outside sources like banks or investors. [/QUOTE]
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