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You own an ice cream shop on the boardwalk in a town on the shore. Your ice cream is so good that people come from
You own an ice cream shop on the boardwalk in a town on the shore. Your ice cream is so good that people come from other shore towns to try it Because business has such high demand, you decide to open other locations. In order to do this, you are going to need to borrow money. Will you look for a shortterm loan or a longterm loan? Why? Remember that this is a seasonal business, so your ice cream shops are only open from Memorial Day to Labor Day. How does this affect your financing decision?
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