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You have launched your amazing new company, and generally your customers seem to love your product! Congratulations! Unfortunately, your administrative, marketing, and sales costs were
You have launched your amazing new company, and generally your customers seem to love your product! Congratulations!
Unfortunately, your administrative, marketing, and sales costs were higher than you expected. Also, as sales have grown, you are spending more cash to bring in supplies and hire workers, and you just can't seem to keep your bank account above zero. You chat with your banker, your accountant, and your business advisors, and they all recommend bringing in an outside investor to fund your cash needs, which are about $
You meet with an investor, who seems knowledgeable and friendly. But she points out that there is a clear upper limit on your company's growth, because the market is relatively small. She likes your product and wants to invest, but she wants ownership.
You are a little bit desperate. The bank won't loan you any money, because you have no physical assets as collateral. Payroll is due in weeks, and right now you don't have the cash to pay it You love the idea of having $ in cash to grow the company, but you are worried about giving up ownership.
In at least sentences, describe what you will do First, you must state whether you will take the investment or not. Then, discuss the reasoning for your decision. Finally, note what you will do next whether you take the investment or not to ensure the success of your venture.
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