Create a scenario in which a business’s most attractive option may be to declare bankruptcy identifying the benefits and consequences of the filing. Provide a rationale with your response.
Create a scenario in which you would sell a portion of your financially troubled business venture from Assignment 1 to a turnaround management company in hopes of getting the business back on track. Provide support for how this may be a desirable option.
Entrepreneurs want to value their companies as low as they can for stock option purposes, but as high as they can when they are attempting to raise capital. Analyze how often this statement may be true. Provide an example to support your response.
Estimate the time and money needed to complete an early-stage evaluation on your business venture from Assignment 1. Then, indicate how the needs analysis may impact decisions made by the owner. Provide a rationale with your response.