Reference no: EM131514057

1. For this assignment, choose a type of company that you could imagine yourself starting. Describe the type of company. (1-4 sentences.)

2. Describe at least two sources you would use for funding your company. (1-2 sentences.)

3. Would you rather fund your company using mostly debt funding, or mostly equity funding? Why? (1-5 sentences.)

4. Make a list of at least 3 startup costs this company would have. (Complete sentences are not necessary.)

5. Will your company use cash-basis or accrual-basis accounting? Explain why. (1-3 sentences.)

6. Will you use single-entry bookkeeping or double-entry bookkeeping? Explain why. (1-3 sentences.)

7. List at least 3 risks your company will face, and explain how you will manage those risks. (1-6 sentences.)