Inancial Management for Small Business wk2

This order must be on time and no plagiarism. This must be a new order, so if you had had this order before I need a fresh answer. My teacher submits all my assignments into turnitin.com to check for plagiarism and if that paper was submitted it will come out plagiarize. Thank you for your understanding


Discussion Questions ( 1 page )
1. While analyzing a small business what questions can the financial statements help you answer? What conclusions can you make from an analysis of the financial statements? Is it sufficient to look only at financial statements to analyze a business? Why or why not? Based on the income statement, what are the projections you can make about the balance sheet? What will your assumptions be? In what circumstances will your projections differ from the actual?

2. Jane needed to borrow money for her bookstore. Her inventory was not turning over as quickly as she had planned and the economy was slowing down significantly, which was affecting her business. She was also having trouble hiring competent help for the wages she wanted to pay. Discuss Janes risks. If she deems the risks too high, what are her options? Which option should she choose and why?

Make sure each answer meets Grading Criteria :

Grading Criteria Maximum Points
Met the criteria for the correct responses to the questions assigned. 6
Used vocabulary relevant to the current week s topics  at least five terms. 6
Justified ideas and responses by using appropriate examples and references from texts, Web sites, and other references or personal experience. 6
Presented a structured report free of spelling and grammatical errors and cited sources in APA format when necessary. 6

Financial Statement Analysis ( 1 page)

Visit the BizMiner Web site and find samples of small business financials. List all the types of financial information found on the Web site. What trends can you identify from the financial information? In what ways are the businesses better off in year 3 than in year 1? In what ways are they worse off? Support your inferences.


Make sure answer meets Grading Criteria
Grading Criteria Maximum Points
Identified at least three trends. 10
Made a judgment about the shape of the business. 10
Presented a structured report free of spelling and grammatical errors and cited sources in APA format when necessary. 5

Final Project ( 1 page)

Creating a business plan; for a Home health care agency.
You will be creating a business plan for a small business. The small business is a home health care agency. You can begin your research for the project by looking at the information on the Small Business Administration Web site.


Decide what business you will be starting, which organizational style will be best for your business, and what are the various funding sources available to you. Document your initial thoughts on funding, knowing that this is might change as the course progresses.

Choose a business that manufactures a product in some quantity such as furniture, toys, or small appliances such as toasters, telephones, or electronics. The business cannot be a home based business or a service based business. If you are having trouble deciding on a business, you may use a business that manufactures the newest technology in handheld computing devices.

As you progress through the project you should document all resources used while starting your business. For example the Small Business Administration is a good resource and most states have resources for small business owners. This week you should create pro-forma financial statements for the first five years of operations. Document all your assumptions and support your use of the assumptions. The small business is a home health care agency.


Make sure this answer make Grading Criteria

Grading Criteria Maximum Points
Provided five years of financial forecasts. 10
Documented all assumptions and estimates. 10
Appropriately supported the assumptions. 10
Presented a structured report free of spelling and grammatical errors and cited sources in APA format when necessary. 5