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General discussion

Managing a Loan Received for a Project

May 17, 2017 1:37AM PDT

Hello everyone. I just registered and I need advice on managing a loan that I received so that my project of manufacturing women's and brand clothing is a success so that I do not fall into Debts. I received yesterday $ 145,000 to start my project but I can not decide how to invest this sum equitably on the purchase of all my materials and if I have to pay some and leave others to allow the beginning Of the manufacture of my articles.
And please, I look forward to your advice.

Post was last edited on May 17, 2017 1:43 AM PDT

Discussion is locked

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The simple advice.
May 17, 2017 8:45AM PDT

1. Don't commingle funds.
2. Don't spend it all at once on material.
3. Ease into it. Make what is needed to show and fill orders.

Along the way you need a good team. Build your team. Be a Leader, not a Boss
http://imgur.com/gallery/Wbu9c

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Re:
May 21, 2017 9:58PM PDT

The first step before taking up a loan is to know where to spend it and how to subsidize the amount so you can pay it off while getting the highest ROI. Didn't you think of these before applying for the loan? Why?