What do you suggest to the other investors regarding your


You and two other students started a new business venture a little over a year ago. The business took a loan for $30,000 from a bank and each of you was able to find one investor (family members) to invest $10,000 each. At this point, you are running low on funds and the bank will not loan you additional funds. You believe you are six months away from turning a monthly profit and need an additional $30,000 of capital to get there. You call a meeting to discuss your next steps. What do you suggest to the other investors regarding your strategy? What is your strategy?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: What do you suggest to the other investors regarding your
Reference No:- TGS02914302

Expected delivery within 24 Hours