Week 4 discussion
DQ1
Creating a Solid Financial Plan
Please respond to the following:
Discuss the best way to leverage a breakeven analysis when
defining a business strategy.
Analyze the 12 financial ratios mentioned in the textbook
and determine which is the most useful to the greatest number of small
businesses. Explain your rationale
DQ2
Managing Cash Flow
Please respond to the following:
Analyze the steps involved in preparing a cash budget and
determine which steps presents the greatest number of obstacles to the greatest
number of small businesses. Explain your rationale.
Analyze the steps involved in avoiding a cash crunch and
make at least one additional recommendation for doing so. Provide specific
examples to support your response.
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