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Scenario 3: Linda owns a backhoe and performs small, residential construction projects. She doesn't have any employees, wants to expand her little company, and plans
Scenario 3:
Linda owns a backhoe and performs small, residential construction projects. She doesn't have any employees, wants to expand her little company, and plans on borrowing $150,000 to buy a used bulldozer. She has some business assets; her backhoe and other construction equipment and she also owns a home worth $250,000. She plans on applying for a loan from her bank however she's worried about the consequences if she doesn't earn enough money to make her loan and interest payments. What is the business type?
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