Discussion Post
• An important step in developing a projected (pro forma) income statement is to create a sales forecast and calculate anticipated revenue for the business. Imagine you are creating a business; develop a sales forecast and estimate revenue for the first year of operation and describe the process you used to arrive at your estimates.
• Using the Internet or Strayer databases, examine two sources of outside equity capital available to entrepreneurs. Next, describe the source(s) you would use if you were creating a new company. Explain your rationale.
• You want to adopt a program to improve quality and efficiency within a company. Analyze four quality-control tools (Lean principles, 5S principles, Six Sigma, and Total Quality Management). Next, discuss which tool you would select to implement at a business. Justify your response.
• Discuss three inventory factors that you believe could present problems for a business. Next, create a strategy that would help mitigate these challenges.
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.