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When there's no availability of business capital
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[QUOTE="TOZZIBLINKZ, post: 215590, member: 37528"] In some areas or part of Africa is to be precise Nigeria, people have good and great business ideas as well as knowledge but this knowledge and ideas remain as knowledge and ideas if not implemented. The case here is not that they are afraid of implementing their various business ideas but the key problem or obstruction hindering their process of establishing their business ideas is as a result of lack or on availability of good capital. There is no money in the country (Nigeria) and even the government are not doing anything about it thereby killing business ideas or well thoughtful business ideas drinking on employment and unnecessary hardship on citizens and inhabitants. in most cases a lot of people seek to borrow funds or loan from banks and various financial institutions. Personally I would not advise this act because it has bad repercussions if you are not able to pay back in due time . Others seek for money and financial grant from Friends , relatives , well-meaning friends , colleagues , business partners , higher status entrepreneurs etc. But in following this intention you have to be prepared to explain to them what your ideas are and if it is something benefiting their is possibility that they could help you. [/QUOTE]
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