Hello @jasminemary,

Thanks for sharing your post in "Dev's Teaching Team"

Here are the feedback and evaluation results:

Point 1 You have decided to invest a large amount of capital in the beginning for your business. In which area do you want to do business and how do you want to divide this capital in the work of that business. For this you will have to prepare a good strategy. 1 /2

Point2 I agree with you that if there is profit then we can keep aside 50 or 25%. But if there is loss then the capital is spent in fulfilling the business related needs. Therefore, in the beginning it is important for us to know how much profit we can make from our business. 1.5/2

Point3 Of course, if we take a loan from any financial institution, if it is not repaid on time, the interest rate keeps increasing. That loan increases into a very large amount. Therefore, the loan takers should repay the loan within the time limit, so that they do not have to incur additional expenses. 1.3 /2

Point4 I completely agree with you that the lender can take possession of your property only when you are unable to repay the loan. Everywhere, to get a loan, one has to mortgage his property. Whether it is gold jewellery or papers of a building or plot. 1.75 /2

Quality 1.5 /2

Score 7.05 /10

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Goodluck for your business.