Assume that James Park and Eric Friedman of Fitbit plan on expanding their business to accommodate more product lines.

Business Question

Learning Goal: I’m working on a business writing question and need an explanation and answer to help me learn.

Prompt: Assume that James Park and Eric Friedman of Fitbit plan on expanding their business to accommodate more product lines. They are considering financing expansion in one of two ways: (1) contributing more of their own funds to the business or (2) borrowing the funds from a bank.
Requirements: Identify at least two issues that James and Eric should consider when trying to decide on the method for financing their expansion. Your response should include adequate support and analysis.

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Assume that James Park and Eric Friedman of Fitbit plan on expanding their business to accommodate more product lines.

APA

630 words

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