Step 1: Each of you provides input on the best way to handle the financial statements for the venture. Watch the – to discuss the pros and cons of using an outside source for financial preparation. This discussion should include the topic of the creation of a Pro-forma and the eventual management of the actual statements as well.
Step 2: Then, weigh the pros and cons of each suggested method and compare it back to the text material in Chapter 11 as to why certain financial decisions are critical for the entrepreneur.
Step 3: Based on that analysis and discussion, come to an opinion on the creation and management of the financial statements.
Step 4: Finally, you need to go back to Appendix 6-A and complete the financial analysis section in detail. This section should be turned in as part of the assignment. Use this canvas module to submit the Appendix 6-A section noted. Please just focus on 6a-1f Financial Analysis.
