A huge hot-button topic for many entrepreneurs is whether or not to borrow the money they need to invest in the growth of their business.
Just the very idea of borrowing money brings up a lot of emotion, the very word “debt” instills fear and, for some, a lot of guilt and shame.
Some people feel you should never borrow, that it’s too risky, and that you should only invest what you have. Others borrow so much that they get themselves into a lot of trouble.
And while there is ALWAYS a risk when you invest in your business – it’s not the borrowing that creates that risk.