Quote from: tygeade on Today at 03:44:24 PM

Quote from: rangga28 on June 24, 2024, 06:47:14 AM

In business, debt is only normal because they want to increase capital to expand their business network. What becomes confusing is when some people go into debt just for consumption and that should be avoided because it will disrupt household finances if income is not balanced.

Business people have made detailed calculations before applying for credit or taking on debt, they will not be in a hurry because it will have a negative impact on their business. So they are really smart people who are able to manage their business patterns well.

That is how they grow, and make more revenue as well. Debt to grow is something that you must do as a business, if you are not doing it then you are not making the most out of your business, and that means we are talking about something that is getting a bit more limited if you stop growing.

Every single business person would know that you should never be debtless, if you have zero debt then you are doing something wrong. You should at the brink of your last line, so that you grow more and have more revenue. If you do end up getting debt and still not make more revenue then you are doing something wrong, you did not spend that debt on something smart. A lot of companies bankrupt because of this as well, so it is not really a shocker.

Businessmen usually act according to a plan. This plan prevents them from making mistakes. They have experience in the market or in any business and this experience enables them to do successful business.

Borrowing is always helpful when done right. In order to grow further and generate income, it is necessary to make the best use of resources, that is, to be on the verge of limits. This is not always the case, so there are exceptions. Borrowing is also a risk, but if it is used well, it helps a lot.