Harvey has invested all of his money in his thriving business.He would like to recoup some of investment,but not completely sell off his business.This might be a good time for him to consider selling stock to the public in a(n):

Question

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An IPO (Initial Public Offering) is a process where a private company makes its shares available for purchase by the public for the first time. This would allow Harvey to recoup some of his investment by selling a portion of his company to the public without completely selling off his business. ESOP (Employee Stock Ownership Plan) involves giving employees ownership in the company, MBO (Management Buyout) involves management buying the company from the current owner, and LBO (Leveraged Buyout) involves using debt to buy a company. None of these options fit Harvey's situation as he wants to maintain ownership and recoup his investment without completely selling the business.

Harvey Has Invested All of His Money in His Thriving