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Would you borrow money to start up a new business
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[QUOTE="Catherine Acorda-Mapalo, post: 4025, member: 488"] Business owners should invest their own equity first before taking on debt or seeking investments. Savings should be considered first because there is no required repayment and you won’t have to share the profits later. Investments from friends and family often have favorable terms. Family members can be the most patient investors, perhaps not demanding profits or only seeking their principal returned if the business is sold. Friends may offer less onerous terms than other equity investors, too. [/QUOTE]
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Would you borrow money to start up a new business
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