Invest to a new small business with loan is safe or risky?
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Invest to a new small business with loan is safe or risky?
Well it depends what the business is. But any loan comes with a risk.
1. Can I pay it back?
2. Do you have a good business plan?
3. Do you have backup funds?
You should not worry, there are so many businessman who has taken loan for their businesses, and they are having a good business. You must take benefit of this facility. Always keep in your mind that "High risk, high profit, and low risk, low profit".