Richee84
Active member
Incorrect Sentence Format
It's most believed by people that business is better funded with personal savings, grants or freewheel donation by friends and family than collecting loan from financial institutions. There are different side to this argument. It is very good to fund a business with grants or personal savings loan as this will reduce unnecessarily pressure on the owner of the business but this may also bring about laziness on the owners part since there is no pressure on him to meet any target. Many people have be given money freely to fund a business but they end up missmanage the fund since it's a free fund to them. Loan indeed might not be a good way to fund a business but it alway help to put business owners on their toes to manage the business well and perform very well. Funding a business with loan to me is a win win situation for both parties as the business owner strives so hard to repay back the loan which he collected and to also improve his/her business.