Can we run a business without borrowing?

[Farhan Aslam]

Borrowing things is part of every business, but in business it is difficult to move forward when you are not owned. Every business in Pakistan is run on a loan basis. People take things and give more money after a while. Can a business friend read this way very quickly or will it meet the needs in time?
Tell us what you would like to say about it۔

 

[Lyrrex]

Its not advisable to start a new business with a borrowed money. However, if you already have an existing business, then loaning money to expand it isn't bad.
To start a business without borrowing, you can source the funds from friends or loved ones.

 

[Vladv26]

Well, if you don't have any money how are you going to start a business? The only way is to borrow money either from friends and family or from a bank. The other option is finding a partner that's going to come with the money and you'll handle the business part, but in a way that's still borrowing

 

[WhiteHouse]

Indeed!, You can!

Your business thought should be something that is feasible with what you as of now have. Flyers, business cards, marked pens and so on can be bought for almost no so that is something that you shouldn't need to acquire cash for on the off chance that you start off little.

 

[Defaith]

If you have your own there not be any reason to borrow loan , you borrow when you have a enough money to start up your business so if you have your money you dont need that

 

[MRizwan530]

Borrowing things is part of every business, but in business it is difficult to move forward when you are not owned. Every business in Pakistan is run on a loan basis. People take things and give more money after a while. Can a business friend read this way very quickly or will it meet the needs in time?
Tell us what you would like to say about it۔

Yes you can do business without loan. But you have to work very hard if you have low investment.
For example if you are doing business of food you should include yourself as a staff member of your food corner then you can start your business with low budget.

 

[tuna89]

Definitely, you can. I have seen couple of individuals who had to cut the coat according to their cloth by starting small without borrowing a dime, it is good to start without borrowing, even with your good business strategies, we may never know the outcome.

I always advise that you prevent taking loans for businesses, it could either make or mar the business.

 

[vest1992]

Borrowing things is part of every business, but in business it is difficult to move forward when you are not owned. Every business in Pakistan is run on a loan basis. People take things and give more money after a while. Can a business friend read this way very quickly or will it meet the needs in time?
Tell us what you would like to say about it۔

I think there are many ways that you can start with little and grow big in time, One of the wealthiest people in Romania I think the 3rd most wealthy person started with a really small amount he bought some fruits at a cheap price from a place and then went and sold them at a double rate in another marketplace and he did this for a while until ha could change the products to something more premium, and he didn t had to borrow money, but just double them as much as he could each day.
[automerge]1608268530[/automerge]

Borrowing things is part of every business, but in business it is difficult to move forward when you are not owned. Every business in Pakistan is run on a loan basis. People take things and give more money after a while. Can a business friend read this way very quickly or will it meet the needs in time?
Tell us what you would like to say about it۔

I think there are many ways that you can start with little and grow big in time, One of the wealthiest people in Romania I think the 3rd most wealthy person started with a really small amount he bought some fruits at a cheap price from a place and then went and sold them at a double rate in another marketplace and he did this for a while until ha could change the products to something more premium, and he didn t had to borrow money, but just double them as much as he could each day.

 

[Alexandoy]

Running a business without borrowing funds is the ideal condition which newcomers to the industry should be aware of. Starting a business with just enough capitalization has the risk. My advice is to have double of the estimated capital so that when the business has a surge then you have enough money to buy supplies or to provide the expansion. When you borrow money you will lose in paying the interest which are usually high.

 

[Tanny]

Borrowing is the risky part of business .it's done during enlargement and upscaling but not all businesses borrow to survive ,some just manage their assets well

 

[Josemendez]

Borrowing things is part of every business, but in business it is difficult to move forward when you are not owned. Every business in Pakistan is run on a loan basis. People take things and give more money after a while. Can a business friend read this way very quickly or will it meet the needs in time?
Tell us what you would like to say about it۔

The fact is that people can actually save up enough money before starting a business , by this way he will not have any need to borrow money from anyone. This is the basics of good business planning

 

[Oscar]

Yes you can, but you have to be sure and confident of what you are going into and the risks involved. Draw out a risk vs reward table and see

 

[Ralphjoe]

Yes you can definitely run a business without a loan if you have a good financial standing, taking a business loan is most times as a result of paucity of funds in business and also due to expansion.

 

[Presido]

Of course it is very possible to start a business without loans, moreover, it's not advisable to commence a business with loans, you should rather start with little capital

 

[Trexxxy]

Except you have a capital somewhere , I don't see why not . Although it is not advisable, but if you think the business can pull as much weight in terms of revenue generated to pay back the loan, then you can go ahead

 

[vest1992]

Personally I don't buy the idea of borrowing money to start business, it has landed a lot of people in debt, but if you are sure and confidence of what you are going into then you can take the loan

It depends on how good you done your homework, if you are not paying back to much and you believe that you can pay it back even faster, than it can be a choice but I do not advise anyone to borrow.

 

[Dubai]

Yes, we can run a business without borrowing any money. It might be difficult to do, but it is possible. You can be saving money for after along period of time then you can start it up.

 

[Maheen Khadija]

Borrowing things is part of every business, but in business it is difficult to move forward when you are not owned. Every business in Pakistan is run on a loan basis. People take things and give more money after a while. Can a business friend read this way very quickly or will it meet the needs in time?
Tell us what you would like to say about it۔

Actually Sometimes you can get started with little to no funding. (Yes!) Starting a business with no money might initially seem like a far-fetched idea, but it's not impossible. It's true that to start and scale any business, you're going to need more than just extra cash flow.

 

[Golden_ear]

Borrowing money tondo business depends on the type of business you want to do. If the business requires large capital to start, one don't have a choice than to just borrow money from friends, or bank loans. But when doing that one must be very careful and read their terms and condition.

 

[Ridorz]

Borrowing things is part of every business, but in business it is difficult to move forward when you are not owned. Every business in Pakistan is run on a loan basis. People take things and give more money after a while. Can a business friend read this way very quickly or will it meet the needs in time?
Tell us what you would like to say about it۔

Yes, business can be start without borrowing you can work under some one to accumulate your capital and start your own business. Even is not available to start a business with loan. Though, you can later borrow money to boost your business.