I handled a training course once on Financial Management for SMEs (Small and Medium Entrepreneurs). It was a really interesting mixture of business-minded individuals who have different principles and ideas about business management but all wanting the same — more profitable income from their ventures.
One of my participants was a housewife and employee who in her desire to start her own eatery, took the chance of getting business loans from small-time lenders with high interest charges. When she opened this to the group, a reaction was immediate from a participant who’s a single mom and a catering services proprietor telling her “starting a business from a loan is not lucky according to feng-shui.” The others then piped in and we had quite a lengthy discussion on the subject because half or more of the participants actually started their commerce by getting business loans.
It is indeed a fact that these days, most entrepreneurs does not rely only on their own savings to start or expand their trades. Even the government is high on debts from financing institutions.
Bear in mind though that the outcome of any business does not lie on luck alone, it needs proper management to prosper and be successful.
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#1 by TK on February 6th, 2008
I went to http://www.AFSLoansOnline.com and they were very easy to deal with. They helped me get unsecured personal loans with minimal paperwork and they can help with unsecured business loans, too. Thank you, AFS, for referring lenders who actually approve and fund loans.
#2 by Mohammed Hughes on May 19th, 2010
does anyone know a website or tutorial about business management ?*.~
#3 by Aidan Bailey on July 9th, 2010
Nowadays, you must be super creative to have a good business idea that works.;.’
#4 by Martha Thomson on July 13th, 2010
it is easy to get Business ideas, just look for a product or service that has demand and fill it`:,