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marshall27 [118]
3 years ago
5

"Imagine you own a successful startup company that’s been doing well for several years. You think you can grow your company if y

ou had more industry connections. What method of financing would be best for your company at this stage"
Business
1 answer:
Lapatulllka [165]3 years ago
7 0

Answer:

Going from private company to public company

Explanation:

This will help the startup to boost its industry connections and get involved in the redefining the company's future with wider access to finance that comes by listing the organization in stock exchange. Stock exchange provides a pool of investors that are willing to invest in your company.

Going public will give the company wider access to industry, expansion options, suppliers redefining, etc. All this will be possible by the wider industry connections.

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This document is usually a mode of payment used for the importation of visible goods.

In conclusion, the document called "letter of credit" is the financial document which tells that a bank will pay a specified sum of money to a beneficiary

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