How to Use Small Business Loans Responsibly

Posted by ivanpw under Raising Capital
From http://www.noobpreneur.com 3852 days ago
Made Hot by: bizyolk on October 4, 2013 8:08 am

As you prepare to apply for, spend and repay a loan, here are five guidelines for responsibly managing the money you need and the operations you will fund.

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Comments

Written by HenryMichaels12
3833 days ago

Definitely not always easy to use business loans the right way, so great topic to cover.

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Written by kingofcontent92
3849 days ago

Points well taken to this great article.

Loans are a double bladed sword as what business man says about it. Use it wisely and your gain, use it dumbly and you are dead. Loans are ways to improve your business in terms of money. Guidelines like this one will help you deal with the budgeting and managing of the said loan so you wont fall bankrupt and go to jail.

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Written by ivanpw
3833 days ago

Just like what Robert Kiyosaki has said: There are good debts and bad debts. Your knowledge about them will make or break your entrepreneurial journey :)

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