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Home
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Business Ideas Forum
Funding a business
Should you borrow for your Business ?
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[QUOTE="moonchild, post: 335393, member: 57467"] I think it's totally fine to borrow from your business if you have other sources of paying it back, else it's not a good idea because you'll end up eating up the profits garnered by the business which will gradually starting eating up the capital too. You're better off taking a loan from a bank and funding your expense or from family and friends, I've seen a lot of businesses crumble because the owners are basically using the profits to fund their lifestyles and with time they start using the capital which isn't sustainable and later have to close the business. [/QUOTE]
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Funding a business
Should you borrow for your Business ?
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