ASSIGNMENT
Watch the Cengage video – B2B CFO -to discuss the pros and cons of using an outside source for financial preparation.
You will have to decide if it is better to outsource or develop the knowledge on your own.
Read The Entrepreneurial Process feature in Chapter 11 “Watching Your Accounts Receivables” and discuss the importance of managing accounts receivables for more effective cash flow.
Finally, identify any anticipated critical risks in terms of potential product liability, governmental regulations, or raw material issues that may hinder this project at any stage.
Financial Analysis
Explanation: Summarize the critical assumptions upon which the financial information is based; in other words, show how the numbers have been derived.
Explanation: Use a graphic representation of the dates and the related tasks in order of their completion until actual concept launch.
Video Link: https://www.cengage.com/management/book_content/9781305576247_kuratko/kuratko_ysu_b2b_cfo/index.html