10/10/16

Should I Get a Business Loan or an Investor?

Whether you’re just starting a business or you’ve been in business for years, you’ve probably asked yourself this question:

“Should I get a small business loan or find an investor?” The short answer is, it depends. There are a lot of factors that go into play when making that decision and each decision has the potential to forever change the course of your business. Don’t make the decision lightly. Here are some of the biggest pros and cons of each route for you to consider.

Business Loan

Pros:

smallbusinessowner

Cons:

Investor

Pros:

investor

Cons:

The important thing to remember is that there is no wrong answer. What direction you choose is entirely up to you and your immediate needs. If your needs are short-term, you are almost always better off with a small business loan. But if you want ongoing funds with lots of advice and you’re willing to relinquish part of your business for it, investors may be your best bet. The most important thing is that you are happy with your business and have the funding that you need to grow it!

It takes a little cash to change the world.

So what are you waiting for?

About the author

Marisa Smith
Marisa Smith is a small business writer. She enjoys creating content that inspires small business owners to find new methods and techniques to improve their business operations.

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