Inside Entrepreneurship: How to fund a company with debt
| April 18, 2008 |  View for printing |
Q: I know of someone who invests in his various businesses only through debt. He pays himself back over time, plus interest. What are the advantages of this? I'm planning to start a consulting firm when I take early retirement from my current job. I'll probably have to invest $20,000 upfront for office space, equipment and some support staff to compete on projects. All I read about online is investing personal savings as equity.
By SUSAN SCHRETER SPECIAL TO THE P-I
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