
Loans can be used to pay your suppliers early to earn discounts..After taking a loan it need to be repaid so this means you have to be more profitable, infact loan gives you the push.You will have to increase your marketing efforts- most effective way to grow a business is to sell more , hence generating more sales volume to repay the loan.
If you have regular or loyal customer you can introduce them to a new product with a good profit margin then have them the products and make money...can also move your business to a new territory targeting the market there where the demand is high.
#BizLoans
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