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Get READY for a "BIG TRAIN WRECK"??
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<blockquote data-quote="aplusmnt" data-source="post: 587146" data-attributes="member: 1399"><p>Those are the kind of situations that business do use their credit for, but once they get that Temporary situation under control they pay that pay roll money back and go back to business using the Operating capital they have saved. </p><p></p><p>I am not anti credit, just to many businesses today use credit as a crutch to poor planning. Credit has become the norm of doing business today, not just for start up or expansion but every day operation. I believe if you have to borrow for expansion it is dangerous, but if you have to borrow for day to day operating expenses such as feed, then it is ultra dangerous! </p><p></p><p>Credit has become so much a part of peoples lives today that to think of running a business or even buying a couch with out it seems alien to them!</p></blockquote><p></p>
[QUOTE="aplusmnt, post: 587146, member: 1399"] Those are the kind of situations that business do use their credit for, but once they get that Temporary situation under control they pay that pay roll money back and go back to business using the Operating capital they have saved. I am not anti credit, just to many businesses today use credit as a crutch to poor planning. Credit has become the norm of doing business today, not just for start up or expansion but every day operation. I believe if you have to borrow for expansion it is dangerous, but if you have to borrow for day to day operating expenses such as feed, then it is ultra dangerous! Credit has become so much a part of peoples lives today that to think of running a business or even buying a couch with out it seems alien to them! [/QUOTE]
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Get READY for a "BIG TRAIN WRECK"??
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