Register or log in to explore all our content and services for free on Admin Junkies.
Experience is very important,especially in a new business line,because the terain is relatively unknown and most forcast is mainly theoritical different from the actual market reality.Starting up a new business is always challenging, ... thWhen starting a new business you need to have a good business plan and experience for every thing ahead,it is very furstating to start a business with loan because the business which are started with loan have a lot of challenges
I won't advise people to start a business with loan because it has many disadvantages and one of it is that , you will always be thinking about the loan and it will be affecting you from working well and building the company.starting a business with a loan is not advisable, cause it ties down the profit of a business, all the profit you get from selling will be used to pay back the loan, profits that is suppose to increase the business and also live on will now be directed back to paying loans, there's no way such business will grow, and the owner of the business self won't grow financially.
The One challenge that I find when it comes to getting loan to start a business is actually going through the stress of actually paying that loan by especially when the business is not going as planned.One of the major challenges of starting a business with loan is the fear you have. Try not to start a business with loan because you will have to return it with interest.
The is nothing as frustrating as starting a business with a loan. Taking up a loan to start a business will put so much pressure on the the business owner in trying to meet up with the repayment of the businessI always advise people against starting any business with loans. This is because it is very risky in the sense that a business may grow wrong on the long run and you will go into debt.
Log in or register to unlock full forum benefits!
As a webmaster community we provide fresh content on a daily basis. We aim to be the best admin and webmaster community around. Discuss various aspects, promote your project, and learn to be better by fellow webmasters. Browse through our Articles for helpful tips and tricks.
By registering with us, you'll be able to discuss, share and private message with other members of our community.