My mother is taking out loan for business, does this favor the family and will the business be successful?

Does this look like i got something or that its danger?

Hi Jubilee,

This is not the right time to invest, so hold off for a while. throw again in a week or two, clear up your emotions and your mind before you throw the coins. Since I don't come here so often, please ask UK or any other readers you are comfortable with to read for you, just in case I don't answer you on time.


Blessed be!

Horse

Hi HorseLibra,

Thanks for your opinion. I do need to clear my mind. My mother was thinking of doing the business this Fall and Winter. The hexs look like the business is not a good idea.

My mother thinks the business is a good idea. But my father is still sick. I odnt know how my mother con continue to do the business wihotu my father being better.

What is it you are really asking? The loan? The Business? Hard to read without knowing which is the focus.

UK Anon Hotmail User

Taking a loan out to do business. Should i ask the ques only for a loan? and then ask about the business?

Sorry, just a few more details needed. Especially since you seem to be worrying about this and the other in what you have written in the thread.

The loan is part of the business right? So the "business" is really the core part of this question is this not? So the part you was asking whether it was potentially troublesome was about which area?

UK Anon Hotmail User

The area of the loan. The loan can be approved, my mother has very good credit, the business sounds like it can be done, as my parents has done this before. BUt because of my father not being well, i dont know if the business will be successful. My father used to do part of the business with my mother, and if he cant do his part, then how can my mother do the business herself? I am helping her and my sister is also helping, but the part that my father does is the driving. You need to travel alot to do this business.

If you intend to start this business, I would keep an eye on possible losses, or "monetary diversions" during the period of Jan 2008. Likely try and start in Dec of 2007 if you can and are really set on it.

Just remember that hard work is needed too with this endeavor.

UK Anon Hotmail User

This business is about buying logs, and maybe there is a loss of money buying logs....Possible low quality logs or logs bought and not sold.

I should ask another ques. I feel i have to be very careful doing this business. Sometimes suppliers wont give quality logs and might try to sell the low quality ones.

I will check what happend on 1/08. I will ask another ques about this.

I was asking about any potential problems that might come out during the time of business. This is starting in Sept. Next yr might be travel out of the country to find more buyers and possible starting of a new product to sell.

So i will ask my ques again. Thanks...