Question

Sagi and his business partner, Autumn, are prioritizing their long-term needs to help them estimate the necessary financing needed to move forward. What is one item they should include on their list?

Responses

Setting up phone and Internet services

Setting up phone and Internet services - no response given

Paying first and last month’s rent

Paying first and last month’s rent - no response given

Establishing legal and accounting services

Establishing legal and accounting services - no response given

Purchasing new equipment for future growth

Purchasing new equipment for future growth - no response given

Answer 1

Purchasing new equipment for future growth.

This is a long-term need that should be included when estimating how much financing they'll require.