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Assume that you are going to start a business that requires $100,000 to begin operations, yet you have only $25,000. Your options for acquiring the

Assume that you are going to start a business that requires $100,000 to begin operations, yet you have only $25,000. Your options for acquiring the needed financing include:

  1. Taking on additional investors (via forming a partnership or corporation) or
  2. Borrowing money from a financial institution.

Which way would you choose to obtain the necessary funds? Explain.

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