Say that i own a store, and I'm a members of the local Chamber of Commerce. All of the members are participating in a promotional event to celebrate the anniversary of the town. The event will cost $100,000, and the group has been charged with determining the best source of financing for the event.
One member suggested getting a loan from the bank. Another member has suggested purchasing a promising stock and using the profits from the sale to fund the promotion. What other financing options are there? What are the advantages and disadvantages of each financing option? Explain to me your option and why you picked it and why it is the best financing option.