Finance Option

Anonymous
timer Asked: Jul 24th, 2014
account_balance_wallet $5

Question Description

Your a business consultant and a customer was seeking advice on whether he obtain a bank loan or seek investors to fund the 100,000 need for the startup costs related to his business what would you suggest? Explain the pro and con of each option

Tutor Answer

johnalia
School: Duke University

100% original

Obtaining bank loan is the best option because it is like your equity but in case of investors fund, investors become your partners and you has to walk with them.On the other side you bank loan will your own capital and you can run your business with your will.The another aspect of newly born business is profit.At the start of the business profit earning ratio is low so investor want immediate and heavy profit.

rate me Please, Thanks in Advance :)

flag Report DMCA
Review

Anonymous
Good stuff. Would use again.

Similar Questions
Hot Questions
Related Tags
Study Guides

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors