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Say you are planning to start a new business. You expect to have losses for the first 2 years and then achieve significant profits. But,
Say you are planning to start a new business. You expect to have losses for the first 2 years and then achieve significant profits. But, in order to grow, you will need to be able to keep the after-tax earnings. You also want to limit your liability. How will you structure your business regarding issuing debt versus increasing equity and why?
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