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What is Tech Tune-Ups Financial Growth Plan about?

Garnett Jackson, founder and CEO of Tech Tune-Ups, a computer services startup, is contemplating how to finance rapid growth over the next few years. The firm has been successful in its first 2 years but is approaching its $400,000 borrowing limit. Each new computer costs $10,000 but can generate $80,000 in annual revenue, though the consultant salary is $70,000. Sales were $1.2 million in 2016 and are expected to grow 20% annually. Mr. Jackson aims to determine if growth can be sustained until 2018 when ve

Author

azka

Language

EN