Skip to main content

View Diary: Can someone explain to me why? (46 comments)

Comment Preferences

  •  ok (0+ / 0-)

    For example, I used to work for a small ISP. The partner that was the finance person insisted that we pay for everything with cash. Our competitor took out loans, bought more modems, became a CLC and eventually the competitor became so big and strong that they bought the small ISP that refused to borrow.
    So, in some situations, a business needs to borrow to beat the competition or at least keep up.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site