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Homework answers / question archive / Sam Jones, Mary Adams, and Larry Brown have been talking about starting their own business for several years

Sam Jones, Mary Adams, and Larry Brown have been talking about starting their own business for several years

Business

Sam Jones, Mary Adams, and Larry Brown have been talking about starting their own business for several years. It will cost $100,000 to start this business. If they form a partnership, how would you recommend that they organize?

Joe Latte completed a business plan and determines that it will take $120,000 to open a coffee and gelato shop. He has $30,000 of his own money and will have to obtain $90,000 in loans or grants. How should Joe go about getting financing. What is the probability that he can obtain a grant to start a combination coffee and Italian ice cream shop?

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