The same company is considering two further options. The first would involve growing its annual sales volume to €8 million by hiring extra sales staff. This would increase its wage bill to €2.75 million and the larger premises that would be necessary would increase its rent and overheads to €1.15 million. An alternative would be to invest in new automated translation software that could process much of the company’s routine work. This would allow its annual sales to grow to €7.5 million and would reduce its wage bill to €2 million per annum. It would not need to move into larger premises so its rent and overheads would remain at €1 million per annum but the interest on the loan to purchase the software and equipment would be €100,000 annually. Which is the better option?