View Single Post
  #177  
Old 03-06-2013, 10:52 AM
Patriot Services's Avatar
Patriot Services Patriot Services is online now
LawnSite Fanatic
 
Join Date: Jul 2006
Location: Tampa FL
Posts: 8,590
Quote:
Originally Posted by LindblomRJ View Post
Sure, you can operate debt free, if you intent to grow or up productivity debt can sustain or expand while helping to maintain decent cash flow. If managed debt can be a great tool.

Playing with dad's money is a sure fire way to go broke in 5 years. However, starting up debt free is a great way to get started.
This is where a revolving line of credit rules. Not talking credit card here. You borrow what you need, when you need it. Usually at far more favorable rates than a straight up loan that you are paying interest on whether the money is in play or not.
Posted via Mobile Device
Reply With Quote
 
Page generated in 0.03391 seconds with 7 queries