I invested money from my credit cards for business around 20,000 AUd. was it a good idea or bad?
Question:
Answer:
Don't worry
Every body that starts a business doesn't have it all yet .
They have to get the money from other sources like banks,credit cards, even from family.
The important thing is make the business work if you have to reinvest in it.
If you think it will grow It does however take time to have a business to grow usually it will take up to 2 years,
In the mean time you might struggle for awhile but if you believe this business will work the more power to you.
It will happen if you want it to happen
Success is not an easy venture.
Your have to work hard at it
If you think your made a mistake in this business venture then by all means close it and get a full time job to pay off your credit card back.
You will be better off if you think you made a mistake .opening your own business. Just close it before you loose more money.
There will be other business opportunities for you later down the road.
Hope this helps
You used the most expensive source for funds. Chech with a few Banks for a long term loan.
probably not a great idea
You'll see in a few months.
When the business is low, don't worry and find new ways to attract clients.
Good luck !
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