Sunday, March 20, 2016

Week 10 Reading Reflection


I was surprised how much I knew in this chapter! I've taken a few accounting classes and macro/micro, so this made so much sense! It really tied in the math part of business, which I really enjoy.
This isn't so much confusion as much as curiosity. Would an entrepreneur be more likely to have his/her own accounting background or would they partner with an accountant or accounting firm? Which statement would be the best to give to potential investors?
I don't know how many investments an entrepreneur would be making for a capital budget. I understand the initial investments, but if an entrepreneur is only there to start the company and exit, why are they making significant investments?

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