User:Miamigroup4

Introduction

 * Same as on 1st progress report**

Why Organizations Need Financial Capital
Private Stock Offerings Venture Capital Financial Consulting http://content.healthaffairs.org/cgi/content/abstract/17/4/53 Cover Expenses Some groups do not retain financial earnings

Sources of Capital
http://www.entrepreneur.com/howto/raisemoney/index.html 18 ways to acquire funds 1. Startup Financing 2. Equipment Leasing 3. Community Development Financial Institutions (CDFIs) 4. Microloans 5. Asset-Based Loans 6. Bank-Term Loans 7. SBA-Guaranteed Loans 8. Private Loan Guarantees 9. 504 Loans 10. Royalty Financing 11. Federal Government Venture Capital 12. Angel Investors 13. Business Incubators 14. 401(k) Financing 15. Direct Public Offerings 16. Reverse Merger 17. Initial Public Offerings 18. Institutional Venture Capital http://www.microsoft.com/smallbusiness/resources/expert/sloan051007.mspx -small startup funds -Debt Financing -Grants -Equity Financing http://smallbusinessreview.com/finance/A_Different_Source_of_Funds/ -development venture capital firm that helps local economies http://findarticles.com/p/articles/mi_m1154/is_n9_v85/ai_19700992/pg_1 -Private investment group. -PIGs may be the best-kept secret in small-business finance http://womanstartyourbusinessnow.com/microlenders-only-source-of-funding-for-many-small-business-owners/ -Micro-lender that makes funds available to entrepreneurs http://money.howstuffworks.com/business-plans13.htm You can go to banks and other lending institutions and seek a business loan, or you can go in search of venture capitalists. Which source you choose, will depend on the amount of funding you need. And the type of funding you need will dictate how your plan (especially the financial section) is written. In other words, investors will want to know how they are going to profit from this investment down the road, while lenders will want to see how you will be repaying their loan.

How A Firm Uses Funds
http://www.sdcexec.com/web/online/Payment-Trends/Key-US-Business-Spending-Trends-Reveal-Increase-in-Temp-Labor-Spending/23$9631 -Raw materials and manufactured goods ($2.58 trillion, up 2.3 percent) -Information technology-related spending ($2.12 trillion, up 8.8 percent) -Professional services/consulting ($1.67 trillion, up 5.4 percent) -Personnel supply services ($1.57 trillion, up 6.5 percent) -Rent ($1.38 trillion, up 13.8 percent)

Uses and Users of Accounting Information
http://www.studyfinance.com/lessons/finstmt/index.mv -The accounting equation -The implications of double entry accounting -Distinguish between debits and credits -What a balance sheet illustrates about a company -How an income statement is put together Internal Users: are owners, managers, employees and other parties who are directly connected with a company. Owners and managers require financial statements to make important business decisions that affect its continued operations. Financial analysis are then performed on these statements to provide management with a more detailed understanding of the figures. These statements are also used as part of management's report to its stockholders, as it form part of its Annual Report. Employees also need these reports in making collective bargaining agreements (CBA) with the management, in the case of labor unions or for individuals in discussing their compensation, promotion and rankings. External Users: are potential investors, banks, government agencies and other parties who are outside the business but need financial information about the business for a diverse "Presentation of Financial Statements" "The Framework for the Preparation and Presentation of Financial Statements"

Basic Financial Statements
http://digitu.com/courses/crse-d1/intro.html -the role of financial statements -the balance sheet -the income statement -the statement of cash flows -the statement of retained earnings http://en.wikipedia.org/wiki/Financial_statements Balance sheet also referred to as statement of financial position or condition, reports on a company's assets, liabilities and net equity as of a given point in time. Income statement also referred to as Profit or loss statement, reports on a company's results of operations over a period of time. Statement of retained earnings explains the changes in a company's retained earnings over the reporting period. Statement of cash flows reports on a company's cash flow activities, particularly its operating, investing and financing activities.

Common Software Applications
http://www.informationweek.com/showArticle.jhtml;jsessionid=Q2WX4OEPOQ4IAQSNDLQSKHSCJUNN2JVN?articleID=196600536