Research conducted by the Consumer Credit Counseling Service (CCCS), has shown that small business owners or those who are self-employed in general have on average a higher amount of debt than the average person. The majority of this debt comes from high-charging short-term credit cards and personal loans that those individuals have taken out. With so many people loosing their jobs it is tempting to start working for yourself. If you do want to take the plunge and start your own business why not speak with a business coach?
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Small business owners owe over ?30,000 on average