Memo123
Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Why do business / companies need to borrow money? What are the ways they usually do to borrow?

Sagot :

HolmesNWatson
Businesses need to borrow money, often so that they are able to survive as a business. If a business needs to purchase a premises, there is a chance that they will take out a mortgage on it, which is a loan. They may also borrow money in order to keep surviving as a business. Businesses can borrow money from the bank, or from another larger organisation. If it is a smaller business, the business owner may borrow money from their smiley members. Hope this was able to help :)
Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.