Question
Questions 1. What questions do you think lenders will ask Miriam and Ben about their venture? 2. How many units would the company have to
Questions 1. What questions do you think lenders will ask Miriam and Ben about their venture?
2. How many units would the company have to sell in the first year of operation to break even? When will the company break even? Is the break-even point in that year reasonable? Why or why not? (The break-even point was discussed in Chapter 5.)
3. What type of investors or lenders should Miriam and Ben approach? Why?
4. What type of collateral would the lenders want to take into consideration?
5. How much do you believe Miriam and Ben will be able to obtain from the different financing sources? Why?
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