Financial Planning

Please complete ONE of the following assignments, incorporating ideas and concepts from the week’s lecture and/or articles. Please feel free to incorporate outside resources as well. When submitting your assignment, please indicate which of the three options you have chosen. For Options 2 and 3, please make sure to double space your papers.

Option 1: Get Creative

Design and format a 10 – 15 slide Microsoft PowerPoint presentation on one of the learning objectives found in the Getting Started – This Week’s Activities folder for this week. The requirements below must be met for your presentation to be accepted and graded:

• Design and format each slide for a presentation, see example below.
• The notes sections must total a minimum of 250 words for the entire presentation. Use these sections to explain and support information provided on your slides.
• Include a cover slide and reference slide (these slides do not count toward the 10 – 15 slide requirement).
• At least 60% of your paper must be original content/writing.
• No more than 40% of your content/information may come from references.
• Use at least two references from outside the course material, preferably from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the two reference requirement.
• Identify sources on slides that contain reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) and list them on a reference slide.

Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must be from sources like scholarly journals found in EBSCOhost, online newspapers such as The Wall Street Journal, government websites, etc. Sources such as Wikis, Yahoo Answers, eHow, etc. are not acceptable.

Weekly Related Articles

Financial Planning Tips for Business Owners: Expert Offers Advice on Avoiding Costly Financial Planning Mistakes
Financial security expert Pamela Yellen believes that business owners are prone to making financial mistakes that undermine their efforts to build wealth. Here are the top five mistakes she sees and strategies on how to avoid them.
http://entrepreneurs.about.com/od/beyondstartup/a/Financial-Planning-Tips-For-Business-Owners.htm

Fundamentals of Business Financial Management
In addition to monitoring cash flows, finance management also involves ensuring the financial health of the business on a continuing basis.
http://web.archive.org/web/20130218085951/http://suite101.com/article/business-financial-management-fundamentals-a92650

How to Better Manage Your Cash Flow
Cash is king when it comes to the financial management of a growing company. The lag between the time you have to pay your suppliers and employees and the time you collect from your customers is the problem, and the solution is cash flow management. At its simplest, cash flow management means delaying outlays of cash as long as possible while encouraging anyone who owes you money to pay it as rapidly as possible.
http://www.entrepreneur.com/article/66008

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