Can we run a business without borrowing?

[Richard92]

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.

Yes one can be able to start up a business and also run a business without collecting loan from anybody or the bank by doing this year she might be able to start up his business with is earning he got from other business or work.

 

[Setho]

It is very possible that you can run a consistent store or a business without having to borrow money. You can start it small and scale it up little by little.

 

[Alexandoy]

You can run a business without borrowing money to establish it. The type and the size of the business also determines if you will have to borrow money or not.

In the business plan there is nothing about a loan to be borrowed in the future. When you find that line in the business plan it is best to write the ways to avoid getting a loan. A business is on a good direction when it is running on the initial capital. The profits can be a stand by fund when there is a need for extra expense.

 

[jeff87]

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۔

This is really ideal to start up a business without borrowing. But it is inevitable if you don't have the money, you will really resort to borrowing money from your family and friends or from the bank or financial lending institution.

 

[mcjerry]

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۔

You are right. Mist business operates on loan. Even African richest man Aliko Dangote also operates on loan for his business. But it is not all business that requires loan for the business to move well. For me I don't like the idea of loan for a business.

 

[Senator]

Yes you can go into any business at all of your own choosing without necessarily going into borrowing. You can start these businesses from your own personal savings you have made towards the business

 

[Ralphjoe]

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۔

We can definitely run a business without boring if as it is we have the capital to start up the business and so I do not think that it is difficult for one to run a business without borrowing in fact you can come across a big amount of capital from a friend or from a business that you did for you to start up your business.

 

[Setfragil]

You can run a business without borrowing from anywhere to finance it. For a business not to borrow, the owner must be able to finance and manage the business successfully.

 

[Richard92]

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.

An ounce of business can actually run the business without actually borrowing money from friends and family or the bank they can do this by running the business with their personal savings.

 

[Kvngsammy]

Borrowing will be very essential in expansion or establishment of a strong physical presence because the truth is some online businesses don't require borrowing to excel.
So if you want to go full scale offline, you can borrow. Most rich men did

 

[jeff87]

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.

That is right. Truly its not a good thing to run a business with a borrowed money. Indeed you can get sources of funds from your loved ones and friends because they will let you borrow money without interest and depending on your capacity to pay.

 

[eLdavis]

An ounce of business can actually run the business without actually borrowing money from friends and family or the bank they can do this by running the business with their personal savings.

This is exactly why savings is important. It's not a must to borrow just to run your business, I have met alot of persons who have managed their business with just their personal savings

 

[Sotherefore]

Borrowing will be very essential in expansion or establishment of a strong physical presence because the truth is some online businesses don't require borrowing to excel.
So if you want to go full scale offline, you can borrow. Most rich men did

Borrowing money sometimes can be risky because it is possible that you may not be able to pay you back, For risk management it is advisable that you do not borrow money to start up any business.

 

[Richard92]

Borrowing money sometimes can be risky because it is possible that you may not be able to pay you back, For risk management it is advisable that you do not borrow money to start up any business.

Yes it is possible for one to run the business without borrowing she can use his personal savings to run his business without borrowing any money from the bank.

 

[Kelly5]

Who says it is until you borrow money before you can run a business? Of course one can run a business without borrowing money to do it. I always advise people not to borrow money for business

 

[Sotherefore]

Yes it is possible for one to run the business without borrowing she can use his personal savings to run his business without borrowing any money from the bank.

That is what people who are interested in business should think of doing because without that you might be at risk of not being being able to pay back what you have borrowed, it is easier to get it but might be difficult to return it.

 

[FreshKaz11]

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۔

It is possible as a business owner to start a business, without borrowing from the government or any platform that gives out a loan, this could be possible if the business owner wants to start the business small.

 

[Tracee]

It's possible if you have the amount of fund needed for that particular business, also discipline plays a major role in doing business, know your limit, also its good to differentiate between your Needs and Wants.

 

[Jlife]

It's possible if you have the amount of fund needed for that particular business, also discipline plays a major role in doing business, know your limit, also its good to differentiate between your Needs and Wants.

Most times it will require a lot of discipline for people to resist borrowing in a business because this can actually be difficult especially if the business is not generating profit.

 

[Chibson]

Definitely there are a lot of people who that started their business from scratch and run it to become very successful without even borrowing any money.