1. Critical Thinking Exercises: questions 7-2,7-3, and 7-5.
2. Pg 244 : Biz Builder Business Plan Questions / 7.1 Sources and Uses of Capital, A through C.
Respond to questions A, B and C. For this assignment you will be considering and recording the one-time expenses required for opening your business. You can download this template Start-Up cost worksheet and record the costs and items necessary to start your business. You may want to check out this SBA.gov page on calculating start up costs (Links to an external site.).
You are REQUIRED to submit a start-up cost sheet using this template for this assignment as well as for your Business Plan! You may have to change the categories listed on a template to make it specific to your business. Provide 2-3 paragraphs explaining your numbers based on the a, b c questions!
3. Merchant Credit Cards
Research and submit a detailed summary of the topic of ‘merchant credit card accounts’ for your business. This is the credit card equipment/service that is required to allow your customers to use their credit cards to pay you. Be sure to include the costs, requirements and restrictions, etc.? Be sure to include your article or a link to the article for full credit.
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