Give and discuss the 5 rules for managing your cash AND DISCUSS what will you do to manage cash in your business?
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NO.1 Regarding YOUR business, what are the two main concerns/issues, based on your research to date? How will you resolve or overcome these issues?
(Address as you intend to in your business plan executive summary.)
NO.2 List and discuss the “5 C’s” of Borrowing.
NO.3Discuss the importance of BOTH,1) Non-Compete AND 2 ) Non-Disclosure agreements. Who are the parties involved and when is it appropriate to use, what are the limitations, etc? DETAILS ARE IMPORTANT HERE!
NO.4 Compare the following legal structures: (Be sure to include the tax aspect of each.)
a. Sole Proprietorship
b. Partnership
c. Corporation
d. Limited Liability Company
NO.5 For your particular business, describe what steps you should and will take to reduce employee and customer pilferage?
NO.6 Using the Your text book and/or other research,LIST AND DISCUSS what types of insurance policies your business should purchase in order to be fully covered. Be specific.
NO.7 Discuss the two types of leases. Why and when are they used? What is the financial statement reporting for each?
NO.8 Give and discuss the 5 rules for managing your cash AND DISCUSS what will you do to manage cash in your business?
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