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Old 08-23-2010, 08:18 AM
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DrumEatDrum DrumEatDrum is offline
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Join Date: Jan 2009
Location: Los Angeles, CA
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Default Re: Getting funded by a record label

Take a business class, and you'll learn not all debt is bad debt.

In the personal world, sure, credit card debt can be bad for many people in their personal finances. But in the business world, debt is not just common, it's considered a part of almost any business plan.

All accounting comes down to Assets=libailities+equity, and this is true for every company in the world.
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