Entrepreneurs should be able to
calculate the value of his or her business, and also determine the value of their
competitor’s. The first step of analyzing the business’s overall operations is
to understand the firm’s strong and weak points.
1.
The biggest surprise in the reading about the
valuation methods. It is very interesting how finance correlates with the value
of a business, and how it it can be used by the entrepreneur to have a business
advantage.
2.
Overall, nothing was confusing in the reading.
Instead it was very enjoyable to learn how finance and entrepreneurship go
together.
3.
Two questions I would ask the author are:
a.
What finance courses should entrepreneurs take?
b.
Are there other resources that entrepreneurs
should look into in regards to the business value?
4.
There was nothing I disagree with the author.
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