Discussion 1 and Assignment 5

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Assignment 2: Course Project

By the due date assigned, submit your assignment to the Submissions Area.

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Now you need to sell your product or service. You need to convince prospective lending sources that you can achieve your dreams and build a profitable enterprise.

Prepare an executive summary and a three-page paper, in APA format, selling your business idea to the lending source of your choice. Remember, you need to be both factual and persuasive.

  • Describe your business.
  • Explain your expenses.
  • Specify your financial needs for the first year.
  • How will you use the lender’s money to create profit and repay the loan?
  • Use your budget as support for your claims. In your supporting evidence you should include a break-even calculation in dollars to strengthen your repayment plans discussion.

Be sure to format your paper and cite any sources using APA style.

Save your paper as a Microsoft Word document named LastnameFirstInitial_ACC202_M5A2. Submit your document to the Submissions Area by the due date assigned.

Assignment 2 Grading Criteria Maximum Points
Executive summary

20

Break-even calculation

40

Master budge

70

Written analysis

80

Conclusion

20

Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources using APA style; displayed accurate spelling, grammar, and punctuation.

20

Total:

250

M1 Assignment 2 DiscussionDiscussion Topic

Well done! You have contributed to the discussion

Due May 12 at 11:59 PM

Assignment 2: Discussion

By the due date assigned, respond to the following in the Discussion Area below:

You are an entrepreneur on the verge of starting a new company. Describe the company you are planning to start. Is it a service or a manufacturing company? What will be your main source of operating revenue? What expenses are you anticipating? Categorize your anticipated costs as period or product costs and identify whether each is an indirect or a direct cost. Identify your direct materials, direct labor, and manufacturing overhead costs.

Remember, the information you gather in this assignment will contribute to your final project due in Module 5.

Be sure to cite any sources using APA style. You may use this APA Citation Helper as a guide.

Through the end of the module, provide substantive responses to at least two other students’ initial posts.

Assignment 2 Grading Criteria Maximum Points
Initial Response

20

Discussion Participation

20

Writing Craftsmanship and Ethical Scholarship

10

Total:

50

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