Can we run a business without borrowing?

[Kelly5]

Off course you can start a business without borrowing. You have so many of funding a business like from your own personal savings, assistance from friends and family as in donation. You can use this to go ahead

 

[tublack]

While it can be difficult to start a company with little capital, it is absolutely possible. Here are some ways to build up your company from scratch: 1. Keep Working Another Job – If you're not getting instant cash by taking out a business loan, your startup capital will have to come from your savings.

 

[Chibson]

Yes, someone can run a business without borrowing. This is possible if you have enough capital to start your desired business.
If the kind of business you want to start is so large, I will definitely advise you to start small, in order not to go into debt because of borrowing.

 

[jimmann247]

Yes, it is possible to run a business without taking a loan, that will be done if you save the the capital needed for that business and also keep some fund aside for unforseen circumstances in the business, but if you will need the business to expand rapidly you will need a loan.

 

[Ibrahim1]

As for me I don't think you need to borrow money because when you want to start business you really have to plane your self well because when am to start my business I never borrow money for my business till date and I never for once think about that because any gain you get from your business going to be for the bank interest

 

[Oluwasayofunmi]

concerning the question can we run a business without borrowing, one can run a business without borrowing by saving up money, or investing one's money in order for you not to borrow

 

[Sariana23]

Typically, entrepreneurs apply for loans to start their businesses. I think this is due to the size of the company and the ambition of the owner, which is why they always borrow when capital is low. In my case, I prefer to start a small company with my own capital and progress over time, always maintaining good financial management.

 

[Hasan Raza]

If you have a capital some place , I don't perceive any reason why not . Despite the fact that it isn't prudent, yet in the event that you figure the business can pull as much weight regarding income produced to repay the advance, at that point you can proceed.

 

[springtech]

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 believe it is possible. It rwally depends on what you want and how much growth you want to see in a number of months or year.
The idea of raising money through loan is just to be able to expand the business, isn't it?
There are several other options of raising money without necessarily borrowing.
Have you thought of partnership with financiers, seeking for angel investors, applying for government grant for small and medium scale businesses.
These are possible options.

 

[Milz]

Sometimes to get these loans are very hard to get because the requirements to get one might be hard to meet. Most of people work online or do some menial jobs raise capital to begin their business which I think is one of the best ways if you can't get a loan.

 

[Abu4exel]

We can't run business without borrowing, most of this successful business tycoon of today, once borrowed from financial institutions to run their business and today, they make it in life and still trying to grow more by continue borrowing to do real estate business. So borrowing is part of good business.

 

[Rashid]

Yes we can start any business without taking loan even though we will have to face a lot of problems. But we should not take borrow to start any business. Just start business with your own rupees, or with partners investment plus investors can also pay some so business can be start without taking Loan.

 

[Oliver 20]

Bussiness can be start without loan you'll Continue To work Another Job If you're not getting moment money by taking out a business credit, your startup capital should come from your reserve funds. Put cash in a safe spot, independently from different investment funds, in sums that you will not miss consistently. Your reserve funds will possibly develop on the off chance that you don't draw on it for everyday costs or different necessities

 

[Judee201]

Yes you can run a business without borrowing money, but it depends on the type and the capital you needs to start the business.

The successfull business men and women still sort for funds to invest in business.

 

[iamgroot]

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۔

There is nothing wrong with borrowing for business. But, as much as possible avoid it, because it is difficult to do business with debt. Just think that in case your business does not go well, instead of just thinking about finding a solution to save your business, it can add to your problem how you can repay what you owe. If possible, business expenses are more likely to come from your own pocket, your own income and savings.

 

[Profwriter]

It's possible to start a business with out burrowing money by making use of what one has. Its advisable not to start a business with burrowed money, you can burrow to expand and existing business but not to start a fresh business.

 

[Azam786]

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 absolutely right Very important for every job or business Not every job is necessarily a bond base There are also some businesses that say their own money It is not necessary that the caravan be very large. It is also possible that a small business can be done with little money.

 

[Eamodu]

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۔

Nothing wrong in borrowing to start a business, just be sure you will be able to pay back. However,one can start a business without borrowing. One can save money to raise money for business,one can start with money gotten for free as contributions to start once business.
[automerge]1612539449[/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۔

Nothing wrong in borrowing to start a business, just be sure you will be able to pay back. However,one can start a business without borrowing. One can save money to raise money for business,one can start with money gotten for free as contributions to start once business.

 

[Segat]

Yes and No, No for a just starting business borrowing must be avoided as much as possible, but for the existing business that you already know the net worth, you can borrow for expansion and make sure accountability is prioritized.

 

[Eamodu]

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۔

Nothing wrong in borrowing to start a business, just be sure you will be able to pay back. However,one can start a business without borrowing. One can save money to raise money for business,one can start with money gotten for free as contributions to start once business.