Self-financing: The rewards and risks of loans are not for everybody, but are a great, affordable way to get a small business off the ground. Personal sources of financing can work just as well, and may be the entrepreneur’s Plan B if attempts to secure a commercial loan are unsuccessful. Although self-financing options may give you more control and flexibility over your start-up capital, special care is essential to make sure they are used wisely. A misstep puts more than your small business at risk. It can also endanger the long-term security of you and your family. Before you dip …



