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Essay text:
He can also do the thing on his own without his current partner. He has the expertise and his staff's support to carry on the business.
2) The project has Net Positive Value. It is a growing business which is going to yield positive returns. This will help him pay his debts very quickly.
3) As a general practice, the project bid price is 10 times the net income after taxes. For the year 1998, this amount is US $ 805,770, which is1.3 times larger than US $650,000.
4) He is emotionally attached to the project.
5) Once he owns the company, extra cash requirement is financed by bank against the available business cash (100 % of cash) and Account receivable (75 % of Account Receivable)...
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