By Kendra Leah, @Writing2Day
There are many reasons you may be considering taking out a business loan. Perhaps you need start-up capital for your new business or are looking to expand your existing business. No matter what your reason for additional capital, I urge you to tread cautiously before taking out a small business loan.
As entrepreneurs, we are generally optimistic. Optimistic that our start-up will be a success. Optimistic that our business is going to grow. Many of us tend to focus on the positives and only deal with the negatives when they happen. We mistakenly think that we have total control over the destiny of our business. While you may control most things, you do not control all. Before you take out a loan, I want your eyes to be wide open to the pitfalls.