Imagine that you are starting your own manufacturing company. You will be in need of $250,000 in startup funds to finance equipment and other needs to begin operations. Using Internet sources, please address the following: What are your different options to attain the needed $250,000? Include at least two different options and include at least one advantage and one disadvantage of each. Which option would you personally choose for your company and what kinds of long-term costs would you expect to plan for associated with the option you chose?

Answer rating: 100% (QA)

Personal savings This is the most common option for startups as it requires no repayment However it may not be possible to raise enough money from per... View the full answer