Write short answer about How important is it for you to consider how a family business uses debt to finance growth before you accept a job offer from (assuming you have access to their financial statements and can find this information)? Why?
My Assignments Changed status to publish April 22, 2020
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Before I accept the offer, my utmost priority will be to consider how a family business uses debt to finance growth.
- Control: the funding which the business receives from the outside parties decides the level of power in the internal matters of the company. It will somehow affect my working and remuneration.
- Security: the control of outside parties will play an essential role as the debt analysis would decide whether the job of the employee is secured or not.
- Liquidity: the external party control over the family business will also choose the cash for the members of the family. It will also have a significant impact on the other employees in the long run.
- Compulsion: the debt expense is a compulsion for the business. To fill the debt requirements, the industry might also try to cut the employee’s cost to follow the debt requirements.
My Assignments Changed status to publish April 22, 2020
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