7. Based on the information you developed, you have decided that the maximum value of the KinderKare including the building and lot is $350,000. You have $35,000 that you inherited from your favorite great aunt. Your parents have promised to invest

$25,000. Based on the $70,000 that you have available, the bank has promised to make you an SBA guaranteed loan of $70,000.

What are your options if you wish to pursue this opportunity?

8. You took a job bagging coffee for a business that purchases directly from Guatemalan farmers, thereby getting the coffee at a bargain price, while still paying the farmers above market for the coffee. Working with all that caffeine has you charged up about going into business for yourself. The owner is only 60 years old, but he has told you that he’d like to slow down. He has offered to sell you all or part of the business. What things should you consider in making a decision about what to do?