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Take loan and start a new buisness
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[QUOTE="Kendy, post: 217482, member: 63869"] I will honestly not advise any individual to get loans to start a new business. The only way I could suggest this is if the individual is a seer who can read and predict the future exactly as it would be but it is impossible because the future is unpredictable just like the wind. The pandemic that caused a lot of setback and chaos was not foreshadowed by anyone but it just came suddenly and changed our lives completely. Till today, the negative impact of the covid-19 pandemic still lives amongst us. Taking loans to start a new business be it on a small or large scale could and would be so pressurizing, this is because you are still trying to get the business rooted, trying to get adapted with the environment and the inhabitants, and you would still be trying to gain customers, this is because there will surely be other competitors and at the beginning, it would be hard to get customers except you bring about more creativity and innovation, that is, something that would make potential customers to be drawn to your products and services. I condider obtaining loans as an improper way of setting up a new business. [/QUOTE]
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