Question Details

Capstone Discussion Question
•	Think back over what you have studied and learned in this course. Do you have a new perception of or appreciation for the field of accounting and how it contributes to business? Explain. 
	Main Forum Capstone Question	Day 3 Wednesday
Final Project: Business Plan

You want to start your own business. You found an investment group that is willing to give you the capital needed for the first year of your business, but only if you can convince them you have a solid plan for the success of this business. Your investor is very concerned with how the accounting functions of this business will be handled. 

•	Write a 700- to 1,050-word paper based on the scenario above. 
•	Persuade your investor to put up the capital by addressing the following questions in your business plan: 

o	What is the name of your business? 
o	What type of business structure is it—sole proprietorship, partnership, or corporation? Why did you choose that structure? 
o	What type of services or products does your business provide? 
o	What role will accounting play in the start up of your business? 
o	What type of work characteristics will you look for when hiring your accounting staff? 
o	What education should a person have in budgeting, internal controls, and cash management before going into business? 
o	What kinds of internal controls will you put in place for the business?
o	How will your managers use financial information to predict outcomes for your business? 

•	Format your paper according to APA standards.
•	Post your paper as an attachment. 	Assignments section. 

	Day 7 Sunday Last day of Class

Could you provide references and a citation within the body? Please if you will do original work I want to make sure that this get turned in without be plagiarized. Thanks once again.

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