Financing Options Part 1 Respond to the following three questions in a minimum of 175 words each question 1. Discuss: Sometimes an entrepreneur needs an investor in order to begin a new business venture. (175 words) 2. Explain financing options for a small business. (175 words) 3. How do you estimate needed cash flow for a business’ objective? (175 words) Part 2Business Start-Up Budget Challenge You are a consultant for a business start-up company and your main area of responsibility is coaching new business owners on developing start-up budgets. Write a 1,050- to 1,400-word instruction guide on how to develop a start-up budget.  Include the basic elements of the budget and why they are critical.  Provide examples to support the approach new business owners should take when developing a start-up budget.  Explain why a start-up budget is different than an established business budget. Include a completed start-up budget template as further supporting information. Cite a minimum of three sources. Format your paper consistent with APA guidelines. Part 3 Executive Summary a) Complete Parts 1-3 of the Financials and Human Resources Planning template. (Word Doc) b) Write a 525-word executive summary using the Executive Summary Data. Format your paper consistent with APA guideline. Final Project - Project 2 - 20% Due FRIDAY of Week 8, 11:59 pm ET · This course officially ends Sunday, 11:59 pm ET, week 8.  The project can be accepted late until the official course ending on Sunday, 11:59 pm ET, with the usual late submission penalty, as per the Late Policy posted in Content.  There is no grace period for submitting work beyond 11:59 pm ET, Sunday, week 8.   Submit to Assignment Folder. Purpose: The purpose of this project is to reflect on, analyze and apply tort law, product liability law, agency and contract law, and their potential risks and liabilities in a business. The project requires you to identify and analyze legal issues and to make recommendations. You will also develop skills in critical thinking to create an in-depth comprehensive analysis. The project relates to the concepts covered in weeks 1-7.  You should refer to assigned materials in earlier weeks of the course, including Instructor Notes. This project relates to the following course outcomes: · recommend appropriate actions in the business environment based on an understanding of sources of law, substantive legal concepts, legal process and procedure, and available remedies · analyze contractual rights, obligations, liabilities, and remedies in the business environment · analyze tort rights, obligations, liabilities, and remedies in the business environment  Background:  The GC owners are meeting with TLG in final consultations before GC opens business operations.  The purpose of these final meetings is to identify the: · areas of business law presenting the greatest potential risk and liabilities for GC; and · areas of business operations vulnerable to potential ...

1. Financing Options
Part 1
Respond to the following three questions in a minimum of 175
words each question
1. Discuss: Sometimes an entrepreneur needs an investor in
order to begin a new business venture. (175 words)
2. Explain financing options for a small business. (175 words)
3. How do you estimate needed cash flow for a business’
objective? (175 words)
Part 2Business Start-Up Budget Challenge
You are a consultant for a business start-up company and your
main area of responsibility is coaching new business owners on
developing start-up budgets.
Write a 1,050- to 1,400-word instruction guide on how to
develop a start-up budget.
Include the basic elements of the budget and why they are
critical.
Provide examples to support the approach new business owners
should take when developing a start-up budget.
Explain why a start-up budget is different than an established
business budget.
Include a completed start-up budget template as further
supporting information.
Cite a minimum of three sources.
Format your paper consistent with APA guidelines.

2. Part 3
Executive Summary
a) Complete Parts 1-3 of the Financials and Human Resources
Planning template. (Word Doc)
b) Write a 525-word executive summary using the Executive
Summary Data.
Format your paper consistent with APA guideline.
Final Project - Project 2 - 20%
Due FRIDAY of Week 8, 11:59 pm ET
· This course officially ends Sunday, 11:59 pm ET, week 8.
The project can be accepted late until the official course ending
on Sunday, 11:59 pm ET, with the usual late submission
penalty, as per the Late Policy posted in Content. There is no
grace period for submitting work beyond 11:59 pm ET, Sunday,
week 8.
Submit to Assignment Folder.
Purpose: The purpose of this project is to reflect on, analyze
and apply tort law, product liability law, agency and contract
law, and their potential risks and liabilities in a business. The
project requires you to identify and analyze legal issues and to
make recommendations.
You will also develop skills in critical thinking to create an in-
depth comprehensive analysis.
The project relates to the concepts covered in weeks 1-7. You
should refer to assigned materials in earlier weeks of the course,
including Instructor Notes.
This project relates to the following course outcomes:
· recommend appropriate actions in the business environment
based on an understanding of sources of law, substantive legal
concepts, legal process and procedure, and available remedies
· analyze contractual rights, obligations, liabilities, and

3. remedies in the business environment
· analyze tort rights, obligations, liabilities, and remedies in the
business environment
Background: The GC owners are meeting with TLG in final
consultations before GC opens business operations. The
purpose of these final meetings is to identify the:
· areas of business law presenting the greatest potential risk and
liabilities for GC; and
· areas of business operations vulnerable to potential risks and
liabilities for which GC should seek legal counsel.
Winnie and Ralph have asked you to provide a report that
presents your reflections and recommendations based on your
research and analysis during the past seven weeks of TLG’s
consultation with the GC owners.
Instructions
The report will have two (2) parts.
Part I. Risks and Liabilities
A. Analyze and discuss two (2) areas of business law that
present the greatest potential risks and liabilities for the GC
business, from among these areas:
· Negligence related to any business operations
· Negligence related specifically to premises liability
· Strict product liability related to the use of EPI products for
GC services
· Strict product liability related specifically to the resale of EPI
products
· Contracts with employees
· Contracts for the sale of goods with clients
· Agency law and contracts with any GC agents
For EACH of the two (2) areas of the law selected from the
above list, you must:
(1). Provide a background explanation of the area of law, e.g.,
negligence, contracts for the sale of goods, etc. (be detailed and
specific so any reader can understand the meaning of the
specific area of law)
(2). Analyze and explain the specific potential risks and

4. liabilities presented by the area of law and why and how each
area of law creates vulnerability for GC
(3). Provide a specific example of why and how the potential
risks and liabilities could arise for each area of law for the GC
business
Minimum of 3 paragraphs for EACH of the two areas of risks
and liabilities you choose to discuss (total of 6 paragraphs,
minimum)
Citations required
Part II. Legal Counsel
During the past eight weeks, we have discussed and emphasized
the importance of the GC owners seeking business advice from
TLG and the importance of GC - and every business - seeking
legal counsel from an attorney for various aspects of business
operations.
In Part II, you are to reflect on your experience in consulting
with the GC owners, your research and analysis, and make the
following recommendations.
A. Evaluate and explain why you recommend that the GC
owners seek legal counsel with an attorney for any - or all -
aspects of its business operations, i.e., contract writing,
procedures to protect against negligence risks, recruitment
policies, etc.
· Explain and support the rationale for your recommendation
specifically, in detail and comprehensively, using examples,
personal experience(s), etc.
· Consider specific areas of business operations for which it is
particularly important to seek legal counsel
Note: There is no single correct answer; the detailed, specific
rationale and support for your recommendation is most
important.
It is not necessary to cite to resources in Part II for your
personal opinion, but you must include a citation each time you
do use information from a specific resource (i.e., from assigned

5. course materials) to support your conclusions.
Minimum of 3 paragraphs
Format
Report
TO: Winnie James, Ralph Anders
FROM: (your name)
RE: GC risks and liabilities
Part I. Risks and Liabilities
A. Business risk #1
(1)
(2)
(3)
A. Business risk #2
(1)
(2)
(3)
Part II. Legal Counsel
______________________
Tips for Formatting and Structuring Analysis:
· Write in complete sentences in paragraph format.
· Use in-text citations citing to relevant assignment materials.
· Double space; 12-point Arial or Times Roman font.
· Introductory Sentence: Begin with an introductory sentence or
very brief paragraph that states your conclusion to the questions
asked.
· Concluding Sentence: End the discussion with a concluding
sentence or a very brief paragraph that summarizes your
conclusion/what you discussed.
· Support Arguments and Positions: Please refer to the module
in Content, "How to Support Arguments and Positions".
Review the Project Memorandum
Thoroughly read the project to ensure all required elements are
present.
Review the grading rubric to ensure that you gain the most

6. points possible for this assignment.
Proofread for spelling and grammatical issues.
Use the spell and grammar check in Word.
Submit the project in the Assignment Folder The assignment
submitted to the Assignment Folder will be considered a
student’s final product, and therefore, ready for grading by the
professor. It is incumbent upon the student to verify the
assignment is the correct submission.
NOTE:All submitted work is to be your original work. You may
not use any work from another student, the Internet or an online
clearinghouse. You are expected to understand the UMGC
Academic Integrity and Plagiarism Policy and know that it is
your responsibility to learn about instructor and general
academic expectations regarding proper citation of sources as
specified in the APA Publication Manual, 6th Ed. (Students are
held accountable for in-text citations and an associated
reference list only).
Title
ABC/123 Version X
1
Financials and Human Resource Planning
MGT/465 Version 2
1
University of Phoenix Material
Financials and Human Resources PlanningSection One: Start-up
Financials
Start-up Expenses- Complete the SCORE.org template and
attach as an object here:
Pricing Strategy- Document the team’s pricing strategy. Include

7. competitive data and factors used to develop a strategy and
model. Attach supporting documentation as needed.
Financial Statements- Summarize the purpose of Financial
Statements and why it is important for small business owners to
understand the key components of:
· Balance Sheet
· Income Statement
· Cash Flow Statement
· Break-even Analysis
Part Two: Human Resource Planning for a Start-up Business
1. Describe below how your team will determine human
resource requirements during the first 12 months of operation.
Provide a Human Resource Forecast that includes:
· Number of hourly employees- full time, part time
· Use of student employees- seasonal, after school
· Management structure
· Skilled labor requirements- certifications, licenses, etc.
· Volunteers to be used
· Family member employment
2. Include any charts your team wants to include to illustrate the
Human Resource Planning Process.Part Three: Reflection and
Observations
Answer the following questions:

8. 1) What role did each team member provide to obtain the
business plan information?
2) What roadblocks did the team face when obtaining required
information?
3) What lessons were learned during the week’s learning team
assignment which can be applied during the specific phase of
business start-up?
4) What is the team’s overall observations of this week’s
assignment relative to the type of
information needed to develop a comprehensive business plan?
5) How does this week’s Learning Team assignment support the
Learning Objectives?
References
APA-formatted citation
APA-formatted citation
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