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ACC 557 WK 6 Assignment 2 - You Are an Entrepreneur!
Student life does not generally afford a great deal of free time to
pursue your personal interests; however, at one point, you may have
considered turning a personal interest or hobby into an official
enterprise. Today, you have finally decided to turn that hobby into a
busi ness but have realized that you need start-up capital from a lender
or investor.
To obtain funding, you need to convince a lender / investor that your
business is more than a hobby. You need to demonstrate that you have
a firm grasp of your business, the accounting practices that impact
your business, the controls needed to safeguard assets, and which
accounting system will produce accurate and relevant financial
information.
Write a six to eight (6-8) page business plan in which you:

1.

Describe the type of business you have created including:
a. The product or service, and general staffing plan. Provide a