What about credit card debt?

Some entrepreneurs find it easiest to start their companies using credit card debt. The argument goes as follows: I expect to earn a 30% return on my investment in my company so why shouldn't I borrow money on my credit card at a 12% interest rate?

If you decide you want to take this route, just record the credit card debt as any loan in Offtoa. After all, it is just a loan.

Related Questions:

How does a start up company get money?

How do I add/change a loan in Offtoa?