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
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 :)
Jul 25th, 2014
Are you studying on the go? Check out our FREE app and post questions on the fly!