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Your task is to analyze the business and report your findings toMike. Be sure to

ID: 1239389 • Letter: Y

Question

Your task is to analyze the business and report your findings toMike. Be sure to tell Mike everything that you can think of thatwill aid him once he takes over ownership from the seller (seeBusiness Simulation in Unit 9). Tell him what he will need to dealwith in terms of setting up his new business, and the challengesthat he will face. Remember, this is your good friend, and you wanthim to succeed in this new venture.

You will present Mike with a report with the followingstructure:

Coversheet
Executive Summary
Regulations
Management
Finance and Accounting
Financial Statements
Problem Solving

The Coversheet should contain the title of yourreport, the date of submission, and your name. TheExecutive Summary should provide an overview ofyour findings. After the Executive Summary, you will explore thefive different areas of Mike’s business. For each of theseareas, you will provide a detailed report that contains a title,summary, and action items.

Explanation / Answer

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