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Maithri k

Hey I am on Medial • 1y

My sister owns a startup She took gold loan at the beginning of the company for investment. Later after few months she took loan for working capital. Now she is planning to buy vehicle and asking whether she can prefer to take another loan or not. I

Arjun Ruparelia

Freelance Writer for... • 1y

Most responses here make sense. Your business needs cash to grow. A fixed cash outflow right now could hurt your growth and increase the risk of running into a cash crunch. But let's assume your sister NEEDS the car. In that case, I suggest buying a smaller car, preferably a used car from a trustworthy source. Buy it in your company's name of course to claim depreciation and interest expenses.

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Anonymous

Hey I am on Medial • 1y

Multiple startups are facing cash-crunch and employees are suffering because of mismanagement and failure of management to either create a sustainable startup or failure to raise money. Would you stick with a startup if it runs out of cash?

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Hey I am on Medial • 1y

The biggest problem faced by those who have made money through predominantly cash transactions in personal-centric businesses in Kerala and India is the lack of a place to store the accumulated untaxed cash. They do not need returns; they want an ass

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At the moment when Porter turns to be India's Unicorn recently(probably 106th Unicorn) I can remind myself of more startup by name TruckEasy which almost was with the same product eventually got shutdown with intense cash crunch in its last days! Po