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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?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93108316

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