Taking on debt destroys a business; therefore, small business owners should avoid it at all costs.

Name: Taking on debt destroys a business; therefore, small business owners should avoid it at all costs.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

While taking on too much debt can be detrimental to a business, not all debt is bad. Sometimes borrowing money can be necessary for growth or for managing cash flow. Small business owners should carefully consider their options before avoiding debt at all costs.

Taking on Debt Destroys a Business; Therefore, Small Business Owners