Help with business question

label Management
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schedule 1 Day
account_balance_wallet $5

what is the best way to finance the purchase or start-up costs (bank, SBA, venture capital, etc.) For a repossession company.  Please explain your answer 

Oct 18th, 2017

The best way to finance start up costs is by way of using own resources/savings because:

1.A start up business takes time oi pick up, and if funds were borrowed from a financial institution, there will be servicing of interests and loan/overdraft.

2.When own  savings are used there are no interest  charges and there is no pressure  of paying back borrowed funds and no worries of how long the new  business will take to pick up .


May 17th, 2015

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