Quote from: tottong on June 27, 2024, 10:46:57 AM

Quote from: Xcode7 on June 26, 2024, 03:10:04 PM

I agree with that and in fact there are many businessmen who have done that, whether for large or small businesses, of course they will use loan money to further enlarge their business so they can get bigger profits, that is a normal thing in business and I think they are not stupid people.
In fact, they are business actors who are afraid of the risk of taking out loans and it will be difficult to develop if they do not have large capital.

And indeed everything comes back to calculations, even though the risk is still there, but if you want to develop a business with loans, I think it's quite worth it.

That is the experience I have seen and almost a very large percentage of young and senior entrepreneurs are involved in loans to expand their business networks or small businesses that they are developing.
But the most important thing is to have calculations and know how to deal with risks before taking out a loan, so that when you want to start you have preparations if something unexpected happens.

Today's business will never be able to develop if the capital we have is small because many competitors have large capital to develop their business.
Taking out a loan for something productive would be better than taking out a loan just to fulfill a lifestyle like most people do now.

In today's market, the more capital one has the higher the rate of return on investment. That is why we must seize the opportunity when our own capital becomes a major obstacle to our greater productivity. So having complete knowledge about debt management and working accordingly we need to utilize our business ideas so that success comes to our doorstep.