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Question regarding the financial management tools

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1. Assume that you own a Deluxe Spa Salon business that is so successful, you need to open a second location. How will you determine whether or not this is a good idea?  In other words, what financial management tools do you have at your fingertips that you can use to help you make this decision?  Please explain your choices, and which tool you feel would be most useful.

2. Once you have decided to expand, how will you finance this endeavor?  What are your choices?  Please discuss each option and explain your choice.

3. Finally, discuss what options you have for managing your cash flow.  Which option is most appropriate to your business and why?

Use a minimum 1 outside resources to support your position, be sure to properly cite them using the APA style with in-text cites.

750 words Minimum.

Reference no: EM131114276

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