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Personal loan
What are the disadvantages of taking loans for startup business?
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[QUOTE="Abigael, post: 337902, member: 25357"] Taking loans for a startup business comes with several disadvantages that one needs to be aware of for them to make better decisions. One of the disadvantages is that it causes some imbalance in cash flow when the business is looking to break even; you will have to pay back the loans first. Another disadvantage is that the future of a startup is always unknown. In the event that the business fails, you will be in a debt which you do not know how to pay back. That you could put you in bad debt. [/QUOTE]
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What are the disadvantages of taking loans for startup business?
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