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Good debt or bad debt? Growing a business: Is credit the answer?

Publication: Indiana Business Magazine
Publication Date: 01-MAR-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Good debt or bad debt? Growing a business: Is credit the answer?(indiana SMALL * BUSINESS REFERENCE * GUIDE)

Article Excerpt
There comes a comfortable time in the evolution of most small businesses whereby the jitters that accompany the start-up phase are replaced by a calm assurance. You know what you are doing. Whereas money likely previously came in fits and starts, during the second phase of business things evens out--customers and income become more reliable and regular.

But even so, although income is steadier, another quandary usually arises, namely, what is the best way to grow the business? While using the profit that is now flowing...

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