Wednesday, January 15, 2014

7&8 and the business exoerience

 Chapters 7&8 are basically just going over the financial side of the business.  Chapter 7 goes over starting up the business and the costs towards your company such as fixed and variable. Chapter 8 essentially goes into greater detail about the income statement, balance sheet, and cash flow, and how to understand what the numbers mean. Our business experience today kind of reflected chapter 7 because I found that it really isn't easy starting up a business it's actually pretty difficult. My group is having a little trouble figuring out certain things like how we are going to operate and so forth.

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