Entrepreneurship 20, 30

(a)	Discuss the importance of maintaining accurate and up-to-date financial records throughout the life of a business.
(b)	Debate the opinion that financial success equals business success.
(c)	Explore sources (e.g., personal investment, love money, share capital, angel investors, grants, subsidies and bank loans) for funding a business start-up.
(d)	Differentiate between start-up and ongoing costs.
(e)	Examine the components of a break-even analysis.
(f)	Discuss when (e.g., at start-up or when considering an expansion) a business might conduct a break-even analysis.
(g)	Calculate the break-even point for a variety of business scenarios.
(h)	Analyze what cash flow is, its importance to the day-to-day operations of a business and how it is commonly reported (i.e., statement of cash flow and cash flow projection).
(i)	Differentiate between a positive and a negative cash flow.
(j)	Discuss the financial implications of a positive and a negative cash flow.
(k)	Explore ways (e.g., using software such as spreadsheets or accounting packages and paper copy) for recording and managing cash flow.