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Do you understand what debt is? Taking out cash loans is essential for many small businesses and startups, and it's worth it, but it's still debt. The bill come
by kevingadd 11y ago
Do you understand what debt is? Taking out cash loans is essential for many small businesses and startups, and it's worth it, but it's still debt. The bill comes due eventually.
The point isn't that you shouldn't accumulate debt (doing so is impossible in the first place, generally speaking) - it's that you need to be aware about it and make plans to pay it down regularly so it doesn't come due and bankrupt you.