OLUWASEYI OYADEYI
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OLUWASEYI OYADEYI
@OYADEYIOluwase1
https://t.co/hzQmusABFk
Home Katılım Aralık 2017
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I’ve Voted for the Best! pots.easports.com/en-gb/nominati…
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@itsadeballer Your content is always interesting. Keep up the good work
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You DO NOT use bank loans to start a business
Why?
Even at 1%, you the business owner are paying out cash in interest payments which should go towards growing the business.
So what are banks for?
Working capital, means you use banks to bridge your short-term cash flow needs. For instance, you have a confirmed inflow in the next 2 weeks but you need cash today to meet payroll. You can access a bank's Line of credit, and then clean up. Short-term, very quick, preferably low APR.
Note CASHFLOW IS NOT SAME AS EQUITY
So how should I fund my business idea?
Well with equity (ownership) for a start, your savings, Family, and friends in seed funding
Why? Because it's "patient' capital, it is like profit sharing, the new businesses do not have to pay out valuable cash.
In summary, DO NOT BORROW CASH TO START A BUSINESS

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THE FORCE OF WEALTH AND ABUNDANCE
Greater Works in the Kingdom is unattainable if you're incapacitated financially or lack wealth and abundance. The name of Jesus is very heavy, it takes financial resources to lift it high so that the nations will see. Souls are expensive; It takes financial resources to bring the Gospel to the unsaved. The Gospel is free, but it cost a lot to take it to the lost.
When you remain in abject poverty, chances are; You may either steal, tell lies, or borrow. That is the consequences of not being empowered economically. Finance is an irrefutable force responsible for greater works, and as believers, we must not downplay the role it has to play to do more for God's kingdom.
It is terrible to know what to do and still be limited by financial resources. Therefore, I declare unto you, in the name of Jesus, every chain of poverty that has held your life and family bound, may it be broken now and forever!
You can watch the full sermon "GREATER WORKS (PART 2)" on our YouTube channel at Koinonia Global. Tag and share this message with someone.
#ApostleJoshuaSelman
#GreaterWorksPart2
#KoinoniaAbuja
#KoinoniaZaria
#KoinoniaGlobal
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