Sunday, March 20, 2016

Week 10 Reading Reflection


This chapter on financials of a new venture was a good introduction of same of the basics of finance that any start up should know something about although handling the may still require a professional. However breaking down the different ways in which you can approach the same issues is a good place for anyone to start. I wasn’t very clear on the payback method and I would like for the author to either discard if unimportant or clarify if further if the opposite is true. Break even analysis and especially its graphic representation I believe was especially important to illustrate how to measure an important milestone for any start up. I would like to ask the author about what are some of the best resources or places to first look at as a start up when you need to learn something new or just be assisted with the financials.

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