This week's reading was all about financial preparation for entrepreneurial ventures. I think the author was clear in his/ her wording about individual topics, making it easier to understand. However, something that would borderline confuse me are all the nit-picky details to things such as a balance sheet- the current assets, cash, accounts receivable, inventory, prepaid expenses, etc. It's a lot to keep track of and it really isn't something I ever think much about as my idea is solely for this class. There is seriously SO much to a balance sheet. I sound like a broken record because it really stood out- I wasn't expecting so much. That probably sounds ignorant, but it's honestly just not something I think about- I'm more of a creative mind. If I could ask the author two questions, I would ask just how important the operating budget is relative to linear aggression, and would like to hear more characteristics of credible financials. This kind of stuff is not my area of expertise at all, so I'm sure the author was more than qualified in writing this piece.
No comments:
Post a Comment