Originally Posted by grandview (2006)
So in a nutshell,people who pay cash their business will survive and people who use credit will not?
In a nutshell ownership of property is by far better thaen being a debtor. Will a debt free feller survive, if his hearts in the business most likely. Will someone with a 250$ ZTR payment survive, most likley if his heart in the business. Will some with a financed 50000$ truck to pull his 30000$ financed equiptment fail, most of the time.
Will a debt free business failure ruin your life, NO
Will a financed business ruin your life, not entirely but the next 15 years will be rough.