How would you prefer to grow your business

Reference no: EM133287136

Question: With two friends you started a business--Healthy Foods-selling four types of healthy sandwiches to fellow students out of the back of your van. You each contributed $50 to start the business. After three months, Healthy Foods has made $900.

You and your friends must decide what to do with that extra money. If you invest the profits back into the business and add more types of sandwiches, or buy several more coolers to store beverages, or advertise, Healthy Foods is likely to grow.

But Beta Burger, your new competition, has talked about joining forces by merging the businesses.

How would you prefer to grow your business: by reinvesting the profits you and your friends made, or by merging with Beta Burger? Explain.

Reference no: EM133287136

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