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As a consultant you are asked to come in and advise a growing company. You notice immediately that the company is undercapitalized and is in
As a consultant you are asked to come in and advise a growing company. You notice immediately that the company is undercapitalized and is in need of immediate capital. In your presentation to the board, you need to properly explain the pros and cons of debt financing and equity capital (and all the various types available). Also give some general or generic guidance as to the appropriate capital structure (considerations when determining the appropriate mix). Be sure to use my thoughts on the subject as well as some of the more theoretical information such as the pecking order and other views
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