North York Electrolysis and Aesthetics - Healing Centre Expansion

North York Electrolysis and Aesthetics is a local family-owned business. The business is experiencing high demand for more all-inclusive services. To become more profitable, the owner wants to expand her aesthetics salon to an all-inclusive spa that would provide services such as reflexology, yoga, deep tissue therapy and acupuncture. In order to raise the funds required for the expansion, she must consider the issue of either common, preferred or convertible preferred shares.