$3.$ Chick$-$fil$-$A is a privately owned family business. As such, its strategic leaders have more degrees of freedom in the way they run the business $($e$.$g$.,$ not opening on Sundays$).$ Yet, being privately owned limits access to capital because all growth must be financed through retained earnings. Self$-$financing results in a slower pace of expansion. Should Chick$-$fil$-$A consider going public by issuing stock? An initial public offering would provide access to vast financial resources to fuel expansion domestically and internationally. Faster growth can allow for first$-$mover advantages by locking up the most desirable locations, suppliers, and so on$.$ Some critics argue that Chick$-$fil$-$A should go public because more people can participate in the company$$s success, and the purpose$-$driven company can $$bless more lives.$$ Discuss the pros and cons of Chick$-$fil$-$A$$s ownership structure and the implications if the company were to go public.