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Starting a business with a loan

Brain

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I'm looking at starting a cement selling business offline and to be a major dealer which I'm targeting to be. I need some good amount of capital which I don't have handy. I'm looking at approaching my bank for a loan to start off. What do you think about this idea? Does starting a business on loans have any bad effects on the business??
 
Exactly. Starting up a business from loan can lead to bankruptcy of a business, this is what we should have in mind. But it's a bad idea to get a loan to support your business if you really sure you will pay on time.
Yeah starting up a business from loan could lead to bankruptcy , the business person must first understand that loan could have different effect on the business cycle , development and others
 
I'm looking at starting a cement selling business offline and to be a major dealer which I'm targeting to be. I need some good amount of capital which I don't have handy. I'm looking at approaching my bank for a loan to start off. What do you think about this idea? Does starting a business on loans have any bad effects on the business??
Cement business is a very profitable business but they're some certain risk involving in it. For example, the price of materials or products can drop immediately after purchasing the products. You have to consider this while looking for loan.
 
Starting a business with a loan can be a great way to get the capital you need to get your company off the ground. There are a number of different types of loans available, including small business loans, microloans, and personal loans.
 

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