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Funding a business
Which is the best source of monetary capital to start up a business?
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[QUOTE="Abigael, post: 224117, member: 25357"] There are truly so many sources of capital as you have mentioned. A business owner has to choose the best source carefully so as not to run into any trouble while running the business. Personally, I prefer using my own savings as source of business capital. This is because I won't have to pay back anyone once I start running the business. There is a lot of peace that comes with knowing that you don't owe anyone any money. You just run the business with no pressure of earning profits so fast. I know the savings may not be enough to to run the business. That is why I am open to trying other sources of capital. But first, I will try my best to ensure that I can start the business with the little I have then grow the money with Time. I also love the idea of asking for help from family and friends. I have a good circle of those who believe in me and so I know I will be supported by them. When borrowing for funds from family and friends, they need to really trust you that you will do the best job with the money that they give you. [/QUOTE]
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Funding a business
Which is the best source of monetary capital to start up a business?
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