Hey there! I do hope you had a good time during Xmas. The year 2016 is fast drawing to a close but I thought I should shoot one blog before 2017 is ushered in. I know that many people have the habit of documenting New Year resolutions and some could be on that agenda now, though deep within me I think good resolutions must be made on a continuous basis during the year, and should not just wait for the start of a new year. It’s up to us individually anyway.
And then, my 2016 closing blog is about debt financing. Probably you might have debt financing for your enterprise as one of your new year resolutions. You never know. I think we should today consider some advantages and disadvantages of debt financing. Don’t you think so? I guess it’s a good way to close the year – instead of blogging about Xmas. Isn’t it? Some of us fear debt like a plague, while others enjoy it and could continue borrowing until the world ends. Strange world with diversity! So, what are the pros and cons of debt financing?
Now, on the pros (advantages) of debt financing, let me briefly say the following: –
We can now look at the other side of the coin. Regarding the cons (disadvantages) of debt financing, we can consider the following: –
And now, I need to run and do some things before 2016 closes. I wish you all a Happy New Year and until then – cheers! Get ready for a terrific 2017 with good business success and good life.
Also, remember to share this blog with your relatives and friends. OK?
The Wise Entrepreneur