Week 10 Reading Reflection

1.  The most surprising bit about this reading i think is the amount of possible liabilities. Everything from loans to taxes can be liabilities and it takes alot of effort and tracking to manage them all properly. Its no wonder it takes so many professionals to properly run a company.
2. I have taken basic level accounting and finance courses here at UF so i did not find much of this quite confusing. Rather a real world application opportunity of what i have learned.
3. I would ask the author when and how it would be appopriate to seek outside help in the area of accounting and finance early on in the business cycle. Sharing private information early on in the business process can prove to be very dangerous as the company has yet to find any solid momentum and foundation. but also proper financial management is key for a successful business so i would love to know the correct balance for both these key business elements.
4. This was a very straightforward chapter and i didnt feel any information was misplaced.