USE BORROWED MONEY TO START, GROW, & SUSTAIN YOUR BUSINESS!

2 years ago
9

We're back with another focus on the small business side of Good Works Tractors. How did we get here? Did we start with a pile of cash? Did we start with nothing? What can you do wherever you're standing if you want to start or grow your business? We'll cover ten great ways to borrow money, and if we think you even should borrow money.

These are ten ways to finance your business. Borrowing money always involves risk, but understanding how to properly use this borrowed cash will minimize your exposure. Should loans be used for payroll, build out costs, inventory, or building and land improvements?

If you're like me, then you didn't get much of a life skills lesson in high school. Very little was taught about potentially owning your own business although millions of Americans end up doing so. Why should we all have to learn the hard way? I want to help others and share what I've learned, the methods that worked and the methods that failed, to help others who are just getting started on their journey.

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