Assume you are the CFO of a struggling company. While you do have a positive cash flow, it is minimal at best. If someth
Posted: Thu Apr 28, 2022 1:37 pm
Assume you are the CFO of a struggling company. While you do
have a positive cash flow, it is minimal at best. If something does
not change soon, the company will go under. Fortunately, your
product development team has just created a new product that will
not only save the company from financial demise but will also
revolutionize how the industry does business. The problem is that
the product is still 2 years away from being able to be sold to the
public, and you will run out of cash within the next 6 months. How
would you propose obtaining the funds needed to keep the company
alive and thriving for the next 2 years until you are able to see a
return on the product development? How would you keep the
stakeholders happy?
have a positive cash flow, it is minimal at best. If something does
not change soon, the company will go under. Fortunately, your
product development team has just created a new product that will
not only save the company from financial demise but will also
revolutionize how the industry does business. The problem is that
the product is still 2 years away from being able to be sold to the
public, and you will run out of cash within the next 6 months. How
would you propose obtaining the funds needed to keep the company
alive and thriving for the next 2 years until you are able to see a
return on the product development? How would you keep the
stakeholders happy?