Zhang's taffy manufacturing company has grown slowly but steadily over the past five years. She now would like to expand by purchasing new equipment. What is her most likely source of funding?

Question

Quizplus · Accepted Answer

Bank lending is the most likely source of funding for a small business that is looking to expand slowly and steadily. Joint ventures and venture capital are more suitable for high-growth startups, while public stock offerings are typically reserved for larger, established companies.

Zhang's Taffy Manufacturing Company Has Grown Slowly but Steadily Over