I grew up terrified of debt. This view is not optimal for business: if you can profitably buy growth by buying X, buy X, pay interest.
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As your business gets larger/more complicated you need to know what banks find risky and assist them in managing risk w/r/t your business.
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For example, if your business historically does $100k a year in revenue and you have a $200k wire incoming tomorrow, CALL THEM IN ADVANCE.
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@patio11 I'm trying to think of a case where the approved channel for a high-stress high-value transaction is actually better. The IRS?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 aren't they just going to throw it out?Thanks. Twitter will use this to make your timeline better. UndoUndo
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