Register
Kelly, the owner of Llama Farms, a sole proprietorship, wants to obtain additional business capital but does not want to lose control of the business This can best be accomplished by: selling the business.
100k views
4 votes
Kelly, the owner of Llama Farms, a sole proprietorship, wants to obtain additional business capital but does not want to lose control of the business This can best be accomplished by: selling the business. issuing stock. bringing in partners. borrowing funds.

User Bartosz Ptaszynski
by
6.1k points

1 Answer

4 votes

Answer: Borrowing funds.

Step-by-step explanation:

Kelly in order not to loss total control of his business and at the same time gain more fund for business expansion, needs to consider borrowing funds for his business. Kelly can obtain a bank loan or seek to borrow funds from private individuals.

User Vladimir Potapov
by
6.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
Which of the following is an example of a fixed expense? A.) Clothing B.) Rent C.) Food D.) Entertainment
A ______ is "the basic interpretive mechanism to let people know what an organization is doing and are sent out to editors and reporters in hopes of stimulating favorable stories about their organizations"
All of the following are fees typically charged by credit card companies EXCEPT: A. Late payment fee B. Balance Transfer fee C. Annual membership fee D. Reload fee
Link Copied!