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09 January 2008

Using Credit Card to Finance your Business Startup

According to entrepreneur magazine, using credit card to finance your business start up is very risky and not adviseable. But if you use it as a temporary solution for your business, yes you can do so. But you have to be very extra careful and calculative and not to over use it or you may end up paying very high interest. Getting enough money to start up a business is not easy and you have to learn to manage the finance carefully or else everything start going down hill.

How many of you did use credit card to start a business?

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