
Starting a business and becoming your own boss can be an exciting venture and help diversify your income streams. But it comes at a cost. Getting a business off the ground and ensuring that it becomes profitable is no easy feat. It takes money to make money, and for new entrepreneurs it will likely involve a slew of costs they didn’t anticipate.
In these instances, many business owners may consider turning to credit cards to make up for shortcomings related to their cash flow. But experts say this can be a slippery slope.