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

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    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.

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