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Business formation
Essay specific features
Written by:
Benjamin G
Date added:
October 9, 2014
Level:
University
Grade:
A
No of pages / words:
5 / 1170
Was viewed:
8684 times
Rating of current essay:
Essay content:
Even with their combined savings, the group realizes that they will need to either obtain bank financing or outside investors. Bank financing will require that the five friends put up their personal assets as collateral. Outside investors will not demand personal collateral, but will demand control. The five friends believe that the company will be a success...
displayed 300 characters
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Bank financing will require that the five friends put up their personal assets as collateral. Outside investors will not demand personal collateral, but will demand control. The five friends believe that the company will be a success. Yet, even without having to give a bank personal collateral, they are concerned that if the business fails, they could lose everything they have accumulated...
displayed 300 characters
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