INSTRUCTIONS DISCUSSION 5

After reading the chapters in this module, review the following (2) topics below. Choose and post your response to one (1) topic. l

#1

Chapter 10

Income Statement Why is an income statement important for a small business owner to understand? How can it help to manage the business

#2

Chapter 12

A Banker’s Perspective In applying for a loan from a bank, it is best to think like a banker. What does a bank’s loan officer look for in a small business loan application? How can the business owner assure the bank they are a good risk?

In order to earn the full points for this assignment, you must:

· Begin your post with Chapter # and topic

· Clearly and accurately explain your answer based on factual information. (25 points)

· Include examples, illustrations and/or applications in your answer. If you copy information from the Internet, you must cite your source. (25 points)