1. How will you do your bookkeeping? Can you use a template or software program? Name the program you intend to use. Answer: Bookkeeping should be done on a monthly basic along with Management Accounts, so they are always up to date, and KEEEEP IT SAAAFE.
2. Last class you projected cash flow for your assignment, what did you learn? Answer: Like if we didn't project cash flow and budgets, we don't know how many money we need, what's our goal, what do we need to spend on, or where we can can a cheaper price.
3. How will you ensure that you get paid on time? Answer: Appoint someone in the business to take charge of the credit control, send out invoice every month (make sure it's on time), reinforce my payment term and condition.
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