Week 10 reading: Chapter 11 Kuratko
The thing that stood out the most in this chapter was how
some concepts of accounting tied to entrepreneurship. It was nice to be
refreshed on things like balance sheets and the cash flow statements. The part
of the reading that was the most difficult to understand was when they talked
about balancing the balance sheet. I always had trouble grasping the concept
behind the process. If I could ask two questions to the author I would ask “What
are some ways to lower operating expenses?” and “How accurate are the sales
forecast usually?” There was nothing that I disagree with regarding this
chapter, however I think the content of this chapter was very dense so
spreading the information into two smaller chapter would have been easier to
read.
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