PASSAGE

Sherston Antiques This company was founded five years ago by four partners. As an unincorporated business, it has grown slowly and steadily, and has developed a good reputation for the selling of old books. It is based just in one country and has $3$ shops. It is now at a major crossroads, and some major business decisions need to be taken soon by the partners, one of whom is approaching retirement age. They have the opportunity of taking over a major competitor in the same area as they are in$,$ but it will be expensive. They would need to raise $$1$ million. They have few loans at present, and could raise considerably more. It has been suggested, though, that this is the time for the firm to $\text{'}$go public' and raise the money that way. They have just been approached by the $\text{'}3$h$\text{'}$ company, a venture capital organisation, with an offer to finance their expansion.

Read the following passage to answer the given questions based on it$.$

What are the advantages of using a venture capitalist to finance such an expansion.

OPTIONS

Provide business help

Sit as non executive directors.

They have an incentive to protect their investment so will therefore do whatever is best for the business

All of the above