Professor Sharon Brown

First rough draft Set up the “pieces”:

Your friend, Mike, has just purchased a business. Because Mike knows that you have just received your Associate’s in Accounting at Kaplan University, he has asked for you help in evaluating the firm. Mike is not asking you to make a decision for him; he just wants you to help provide him with facts as you see them.

Your task is to analyze the business and report your findings to Mike. Be sure to tell Mike everything that you can think of that will aid him once he takes over ownership from the seller. Tell him what he will need to deal with in terms of setting up his new business, and the challenges that he will face. Remember, this is your good friend, and you want him to succeed in this new venture.

You will present Mike with a report, using APA format, with the following structure:1. Coversheet2. Executive Summary3. Body

Regulations Management Finance and Accounting Financial Statements Problem Solving

4. Reference Page

Overview of your findings “Sneak peek” of the information detailed in your

paper Include:

Business name Business location What product or service you sell Purpose of the plan

Read more: http://articles.bplans.com/writing-a-business-plan/writing-an-executive-summary/207#ixzz0rhxBZtjb

Explore the five different areas of Tim’s business. For each area, provide detail that contains:

1. Title2. Summary3. Action ItemsHINT: Use your completed Unit Projects

to help you! :)

1. Title of Subsection: Name of the business area (Regulations, Management, Finance and Accounting, etc.)

2. Summary: Summary of what you observed in this particular area of the business. Describe any strengths and weaknesses.

3. Action Items: Detail for Mike what he will need to do once he takes ownership of the business. Your recommendations should contain detailed directions of what needs to be done and when. Provide supporting research (citations may be needed)! :)

Suggestions for Mike Expand business

How would he do this? Costs? Where? Buy or lease a building?

Make improvements/changes to personnel What are costs involved?

These are just a few thoughts to consider! BE SURE TO SUPPORT YOUR IDEAS WITH RESEARCH!

The business simulation is found in unit 9:

Click on business simulation

Use these < and > to move around

Notice the PRICE!

What do think about the office equipment? How about the organization?

Click on each of the filedrawers!

Any violation of employment laws?

Accurate financial information?

Complete?

There are 5 different areas◦ Exterior◦ Interior view◦ Back Office◦ Break room◦ Store Room

Notice document areas (e.g. file cabinet) Mouse over each item to see special notes Check book in the upper right corner for

hints on each page.

Remember, your report needs have a professional appearance.

Use good grammar, spelling, and sentence structure.

Use proper APA formatting Be sure to include each of the

sections and the 3 sub sections (Title, summary and action items).

Coversheet Executive Summary Regulations Management Finance and Accounting Financial Statements Problem Solving Regulations, management, finance and

accounting, financial statements and problem solving need to include a summary and action items

Be sure to review proper APA formatting

Be sure to include citations and reference page

Check your font, size, margins, etc. Don’t forget to include page numbers

on your pages These are just a few reminders!

ReferencesSeparate pageAlphabetic orderUse hanging indent

http://www.calstatela.edu/library/guides/3apa.pdf

Be sure to submit your first rough draft to the Unit 7 DropBox

DUE DATE: TUESDAY, at 11:59PM ET