When Is It a Good Time to Take Out a Loan?
Oftentimes, business owners wait for the “right time” to take out a loan. By right time, some entrepreneurs mean when they’re in dire need of cash and soon---which is actually too late, if you think about it. Experts say that the best time to initiate the loan process is when you don’t need the cash urgently, and only after you’ve created a financial plan to ensure sound … [Read more...]