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Lyman's business has grown to 400 employees with annual revenues of $15 million. He would like to expand further but needs another $5 million. He should consider
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Apr 5, 2017
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Lyman's business has grown to 400 employees with annual revenues of $15 million. He would like to expand further but needs another $5 million. He should consider
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There are multiple options for Lyman..
He should
1.
Sell his equity to his investors
2.
Get some loans.
I think getting
loans
will be the best idea because his annual revenue is already higher than the average amount of loans he needs.
Roland Roos
answered
Apr 10, 2017
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Roland Roos
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