Purchase Solution

Analyzing a Friend's Business

Not what you're looking for?

Ask Custom Question

Your friend, Michelle, has just purchased a business. Because Michelle knows that you have just received your Associate's in Management at a university, she has asked for you help in evaluating the firm. Michelle is not asking you to make a decision for her; she just wants you to help provide her with facts as you see them.

Your task is to analyze the business and report your findings to Michelle. Be sure to tell Michelle everything that you can think of that will aid her once she takes over ownership from the seller. Tell her what she will need to deal with in terms of setting up her new business, and the challenges that she will face. Remember, this is your good friend, and you want her to succeed in this new venture.

You will present Michelle with a report with the following structure:

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

Purchase this Solution
Solution Summary

A hypothetical friend's purchased business is analyzed a report including sections on regulations, management, finance/accounting, and financial statements in 317 words.

Solution Preview

In order to set up the newly acquired business, first of all, Michelle will need to make sure that all legal formalities are completed and all regulations have been complied with regarding change of ownership, transfer of shares, notifications to legal authorities, etc. Further, Michelle will need to fulfill all compliances regarding accounting and taxation, as identified during the due diligence process prior to acquiring the business. Michelle will need to make sure that the accounting statements and reporting ...

Solution provided by:
Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
Recent Feedback
  • "Thank you. "
  • "Thank you"
  • "Thank you. I got 20/20 last week for my discussion you help me out with."
  • "Thank you. Great Job. "
  • "Thank you. Great Job. "
Purchase this Solution
Free BrainMass Quizzes
Motivation

This tests some key elements of major motivation theories.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

View More Free Quizzes
Related BrainMass Solutions

  • New Ways of Using Internet for Large Companies

    Consider a large company with which you are somewhat familiar with (because of your own work experience, a parent's work experience, a friend's work experience, or your study of the company).

  • Nature vs nuture in learning

    We have a home persona, a work and sometimes a different friend's one. We act certain ways depending on where we physically located. Cognitive development is our ability to obtain information, store it, and retrieve at a later time.

  • Risk Management: Hedging

    A classmate of yours recently entered the import/export business. During a visit with him last week, he said to you, "If you play the game right, this is the safest business in the world.

  • Bond Contribution to Purchased of Bond

    A. How much should be your contribution to the purchase of the bond? B. What is your friend's contribution?

  • International HRM

    My work will be much more challenging that my friend's assignment because i will have to be concerned with the international staffing of all the subsidiaries, which will be quite a challenging and complex work.

  • Expected return and Standard Deviation of a portfolio

    132671 Calculate risk and return for two stocks in a portfolio Question: Assume your friend's portfolio consists of two stocks A and B. The correlation coefficient of A and B is zero.

  • Ethics

    You overhear a rumor that your company may be honored at some point for all the business it has done with the supplier. Is it ethical for you to be there or not? Is it right for you to leave for a while with your friend?

  • ZC- former co-worker now represents a company

    o Markup pricing is considered as a rule-of-thumb way through which the business organizations conduct their business affairs (Lancaster & Reynolds, 2005).

  • Present value /Future Value

    293532 Determining Present and Future Value of Windfall You have just received a windfall from an investment you made in a friend's business.

View More Related Solutions