our group of friends is engaged in sale and purchase of property for investment.
- Would it be wise for us to start a company instead ? - What would be the pros & cons ? - We feel it would be easy to mobilize funds through issuing shares and debentures. Are we rite ?
07 December 2013
Yes bank loan given on satisfying the criteria set by resp banks for availing loan.
Cons are like you may face loss or where there is no sales freq as forecasted or material prices increases or there is recession in economy due to which there are less buyers etc.
CAclubindia
