Discuss the pros and cons of using an outside source for financial preparation.

Create a document and attach it.

Step 1: Each of you provides input on the best way to handle the financial statements for the venture. Watch the   to discuss the pros and cons of using an outside source for financial preparation. This

discussion should include the topic of the creation of a Pro-forma and the eventual management of the actual statements as well.

Step 2: Then, weigh the pros and cons of each suggested method and compare it back to the text material in Chapter 11 as to why certain financial decisions are critical for the entrepreneur.

Step 3: Based on that analysis and discussion, come to an opinion on the creation and management of the financial statements.

Step 4: Finally, you need to go back to Appendix 6-A and complete the financial analysis section in detail. This section should be turned in as part of the assignment. Use this canvas module to submit the Appendix 6-A section noted. Please just focus on 6a-1f Financial Analysis. This is located at the end of ch 6 (see below) and just recreate the items no need to use

the actual form. Include budgets with numbers samples

6a-lfFinancial Analysis

Explanation: Summarize the critical assumptions upon which