Mark should either explore a partnership or sale with Mr. Wilkins for the goat's milk business, or cautiously opt for a loan to cover the immediate expenses, assessing the risks associated with each decision.
Mark faces a challenging situation with the inherited farm, financial debts, and a fledgling goat's milk business. Given his credit limitations and the recent establishment of the goat's milk venture, outright payment of the debts using the inheritance may not be the best choice. Instead, Mark could leverage Fred Wilkins' expertise and passion for goats. Option B, proposing for Mr. Wilkins to either expand his role in the business or buy it outright, could alleviate Mark's financial burden while ensuring the continuity of the goat's milk enterprise. This collaborative approach not only secures experienced involvement but also addresses the immediate financial strain. Alternatively, option C, taking out a loan to cover the debts temporarily, provides breathing room for the business to grow. However, it comes with the risk of accumulating more debt. Mark should carefully weigh these options, considering the long-term sustainability of the farm.