Question

Lyman’s business has grown to 400 employees with annual revenues of $15 million. He would like to expand further but needs another $5 million. He should consider:

Answer 1

There are options available for Lyman :

Either he
- Sell his equity to his investors, ( which mean that he have to give away a percentage of his company)
- Or he can get some Loans

I he should consider Loans, because his annual revenues already way higher than the amount of loans that he need, he could easily paid it off