asked 48.2k views
1 vote
Lyman's business has grown to 400 employees with annual revenues of $15 million. He would like to expand further but needs another $5 million. He should consider

asked
User Sharesse
by
7.8k points

1 Answer

0 votes
There are multiple options for Lyman..

He should

1. Sell his equity to his investors

2. Get some loans.

I think getting loans will be the best idea because his annual revenue is already higher than the average amount of loans he needs.



answered
User Roland Roos
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories