Provide a background on your company, mission statement $($scope of your company$),$ and products$/$services$.$ Create a company file, customize the company setting, and add products$/$services$.$ Use screenshots$/$ pictures to support your presentation.Create journal entries for Assets$($Equipment$,$ cash, supplies, etc.$),$ liabilities $($AP$,$ NP$,$ etc. $),$ and Equity$($RED$)$ you need to start your business. Concisely record these and display them in a balance sheet.Describe potential suppliers your company has and some projects it might engage in$.$ Record these in your QuickBooks system.Create $3$ potential project estimates for your clients. Convert them into invoices and propose the potential cash flow your company can create using budgets. $[$You can generalize this$]$Use the banking center and reconcile statements to pay a hypothetical invoice thus, realize the sales revenue and incorporate this into your budget.Describe some expenses your business will have in its daily operations and include them in your budget $($use bills, receipts, and transactions to support your answers$).$State how your operations will be conducted. How many employees you will hire, what their annual wages will be$,$ and the deductions $($Income tax, EI$,$ CPP$,$ health insurance, etc. $).$ Create a forecasted wage expense for each month and include this in your budget.Describe how your business will invest the profit $($think income statement$)$ in $3$ equities of your choice and describe why you selected these companies from the entire market.Describe how your company will manage potential financial risks and challenges. Use examples.