Answered step by step
Verified Expert Solution
Question
1 Approved Answer
This week, as you learn about small business accounting and financing, apply your knowledge by critically evaluating a business pitch from an episode of Shark
This week, as you learn about small business accounting and financing, apply your knowledge by critically evaluating a business pitch from an episode of "Shark Tank." Assume the role of an investor, focusing on the financial viability and potential of the business presented.
Instructions:
Find a Shark Tank Episode:
Visit YouTube and select an episode of "Shark Tank" where an entrepreneur pitches their business idea. Choose an episode that captures your interest and has a clear discussion about the business's finances.
Evaluate the Pitch:
Assume the role of a "Shark" investor Based on the pitch and the financial details provided, decide whether you would fund the entrepreneurs request. Assume you have the necessary resources to invest.
Justify Your Decision:
Provide to wellexplained reasons for your decision to invest or not invest. Base your reasoning on key financial aspects such as the business model, revenue projections, profitability, cash flow, valuation, and financial health of the business.
Relate your decision back to the concepts you've learned in this unit on small business accounting and financing. How do the financial details presented in the pitch align with sound financial principles and practices?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started