Post
Topic
Board Economics
Re: Would you prefer getting a loan for a startup or getting an investor?
by
Crypto Library
on 01/06/2024, 17:56:30 UTC
If you have a well thought out business idea but don't have the needed capital to keep it functional, is getting a loan the best option or looking for interested investors?

Would trying to start up the business in your own little way the best option or can you consider bringing a third party into the business who will just serve as a partner that contributes just money?
If investors are easily available around you or the business is easy to attract investors then I would say finding investors is better than taking a loan.
But getting investors to start a new startup is very difficult, so don't start your business late to find investors. In that case I would say that if you cannot find investors or live in an area where it is difficult to find investors then I would say taking a loan would be better. Because many times in business it becomes difficult to get success if not starting at the right time. I have seen lots of giant Business company in my region that they start with small and when they got knew the market with full confidence they take loans to increase their business and they succeed.
So now it depends on your business and also your region area's what should be best for your starting.