Your friend, Linda, started a graphic design firm about a year ago. The business has done well, but it needs a lot more equipment, computers, and employees to continue expanding. Linda does not see any problem because she thinks she can easily get all the money she will need from her local bank. What advice might you give her?

Question

Social Studies

Dorian Macias

9 January, 18:58

Your friend, Linda, started a graphic design firm about a year ago. The business has done well, but it needs a lot more equipment, computers, and employees to continue expanding. Linda does not see any problem because she thinks she can easily get all the money she will need from her local bank. What advice might you give her?

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Answers (1)

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Rachael · Answer 1

The answer I might give her is:

Explanation:

Do not make hasty decisions, all the businesses pass through different stages and tend to change easily from one to another, take your time to look for expert advice of what is convenient to proceed with. Going carefully with big-amounts-of-money - based decisions will probably bring more benefits than doing it impulsively. Expanding a business is done with enthusiasm but progressively to avoid important money loss.