Benefits: -Mills liked the control that it allowed her – Slower growing rate would enable her to larn as she grew the concern – Lower hazard as everything was already financed by the gross revenues net income and the concern to day of the month had no debt

Deductions: – Question of whether Mills would still be able to go on turning the concern with the extra duties of maternity – Choosing for the slower growing rate may give up some important concern chances.

Fast Growth

Benefits: – Opportunity for important concern chance with a national concatenation of shops which sold salutation cards. This would dramatically increase the gross revenues gross of the concern – By engaging extra staff like a sales representative and an comptroller. Millss could concentrate her clip and energy on the design procedure of the salutation cards. – By engaging excess staff like a free-lance interior decorator. Mills could concentrate on the gross revenues side of the concern. With her gross revenues experience. she was certain she could turn the concern well.

Deductions: – Hiring extra staff will intend that Mills will hold increased paperwork in footings of paysheet and remittal revenue enhancements which she may set a strain on her work load. – By engaging extra staff. Mills will hold to take on a managerial function by deputing undertakings etc and she may non hold these required accomplishments. – By choosing for the fast growing rate. Mills will lose a certain sum of control over her concern as more people get involved. If she is to acquire investors to finance her concern so she may lose a big per centum of her concern and runs the hazard of holding the concern taken over.

Due to the fact that Mills is shortly to take on the extra duties of maternity. I believe she should go on runing her concern with a slow growing rate. Taking this option will let her to maintain in control of the concern and non necessitate her to seek funding from an outside investor. The fact that she is happy with the income she is having from the concern is besides another factor to go on on this slow growing scheme and will besides enable her to larn as the concern grows.