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- Discuss a money management challenge in a business setting and how you would overcome it.Describe at least three items that may be included in a financial plan component of a business plan, and why you believe they are important.How does net cash flow differ from net income and why is that difference relevant to financial decision making?
- What is the reason that startup companies are generally not eligible to receive cash through a factoring program?Describe at least three items that may be included in a financial plan component of a business plan, and why you believe they are important. Also, describe the two types of franchising systems, explain how they differ, and give an example of each.How can Financial Analysis help in the operation of a business?
- What department/unit in an enterprise (ex. operations, finance etc.) is the most difficult to manage? Why? Why is finance difficult to do?Think about the factors involved in each of the situations below. Solve the problems by applying the concepts in Chapter 18. Where can your firm find financing? Prepare your initial discussion by providing a detailed response with at least three paragraphs. Your company needs a new copy machine quickly. The high-volume, multifeatured model you want costs $3,000, but your small business doesn’t have that much cash on hand right now and doesn’t want to borrow at this time.What considerations do you need to take when considering "time value of money"?