02-08-2024, 07:34 AM
I have no problem in borrowing. Borrowing to start a new startup can provide essential capital for initial investment, operations, and growth. However, it also involves risks such as debt obligations, interest payments, and potential loss of assets. Entrepreneurs must carefully evaluate their ability to repay loans, consider alternative funding options, and develop a solid business plan to maximize the chances of success and minimize financial risks associated with borrowing.