What would be the best idea for Shelly to consider if she needs more financial resources to implement her business strategy and grow her private company?
A)Find a business partner with similar strengths and goals.
B)Work extra hours to increase sales growth.
C)Change her business strategy to reduce her need for resources.
D)Become a publicly traded company.

Question

Quizplus · Accepted Answer

Becoming a publicly traded company can provide Shelly with access to a larger pool of potential investors who can provide the necessary financial resources to expand her business. This can also potentially increase the value of her company and provide other benefits such as improved liquidity and exposure. While finding a business partner or working extra hours may provide some additional resources, they may not be sustainable or provide the same level of support and growth as becoming a publicly traded company. Changing her business strategy to reduce her need for resources may also limit her growth potential and may not be the best long-term solution for expanding her business.

What Would Be the Best Idea for Shelly to Consider