Little or No Credit
Borrowing money can be the vehicle to business growth. It is not a sign of weakness or one of those last ditch efforts to stay in business. Borrowing can mean growth, expansion and a cushion when sales are lax or when the economy tightens up. Personally, we feel it might be best if your business pays for its own growth and expansion. Borrowing money is O.K., but it’s not that easy. Building a successful business without good solid credit planning can result in the entire operations collapse, with the first business setback.
Posted on Fri, November 28, 2014
by Willis Williams filed under