November 27, 2020

president

When you are going to open a new business, there are several things that you need to consider. The sad reality is that while liberal arts degrees might develop critical thinkers, many college graduates don’t come away with marketable skills that make them successful in business. Your ability to fill in those gaps with your own expertise could be one of the best small business ideas that you can start with very little initial cost. It is possible to use the funds received from the loan to repay itself. When all is said and done, you will get back the $5,000 CD amount with interest. The interest rate from the CD should be somewhat similar to the interest rate paid on the loan. That means you will now have a $5,000 bank on your business credit report and it didn’t cost you, or your business, virtually anything. What are the … Read the rest

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