Sarah and her 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?

Question

A. setting up phone and internet services
B. paying first and last month's rent
C. establishing legal and accounting services
D. purchasing new equipment for future growth

Answer 1

D. purchasing new equipment for future growth

This item is crucial for long-term planning as it directly relates to the business's capacity to expand and succeed in the future. Investing in equipment can significantly impact operational efficiency and revenue generation, making it a vital consideration for their financing needs.