Mike AndesFounder, Augusta Lawn Care and Homeworks · Founder of Homeworks and Augusta Lawn Care

Debt isn't always BAD - here's why...

8 Apr 2024 · 0 min

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0:16

Short video by Mike Andes explaining when business debt can be beneficial and when it becomes dangerous. Presents the trade-off that debt can provide cash to grow—hire employees and advertise—but will accelerate bankruptcy if a business is unprofitable and loses money on each dollar earned.

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