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Should I Borrow My Start-up Cash?

Financing strategies to help you get the cash you need and get your business going

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This story appears in the July 2002 issue of Teen Startups.

(YoungBiz.com) - You've probably heard the expression "It takes money to make money." While that's debatable--some entrepreneurs have built empires out of the most meager of resources--one thing is for sure: A little cash from the get-go can certainly make the going easier.

As a budding entrepreneur, the thought of just how you're going to finance your dream has likely crossed your mind. There are basically two ways to get the cash you need for your new business: You can save it yourself, or you can borrow it. And there are lots of options within those two categories.

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