Your friend, Linda, started a graphic design firm about a year ago. The business has done well, but it needs a lot more equipment, computers, and employees to continue expanding. Linda does not see any problem because she thinks she can easily get all the money she will need from her local bank. What advice might you give her?
A. She is right, the bank is likely to lend her as much as she needs because banks primarily focus on supporting small businesses.
B. She is crazy, banks do not lend money to small businesses but only to well- known, well-established organizations.
C. She should sell her business immediately before it fails because most small businesses fail during the first five years.
D. She should not accept any new clients so that she can end the need to add additional equipment and employees.
E. She should consider alternative sources of financing because banks provide only about one-fourth of the total capital to small businesses.
Answer: E
You might also like to view...
Negotiation is the transfer of a bill or note in such a way that the recipient becomes a holder
Indicate whether the statement is true or false
What are the key determinants of service quality, customer retention and profits?
What will be an ideal response?
To run the Z.TEST function, which of the following information should be input into the Excel Function dialog box?
a.Array of cells b.Population size c.Sample size d.Error value
A referential integrity constraint policy that insures that foreign key values in a table are correctly maintained when there is a change to the primary key value in the parent table is called ________
A) incremental updates B) incremental deletes C) cascading updates D) cascading deletes