Sunday, April 10, 2016

Week 13 Reading Reflection

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 
    I was surprised by the extensiveness of the checklist for analyzing a business.  There is a significant amount to energy and time wrapped up into ensuring that you make a correct business decision.
2) Identify at least one part of the reading that was confusing to you.
     I found the section on valuation methods to be a little confusing.  There were a significant number of them listed in the table, but only a few were discussed in detail.
3) If you were able to ask two questions to the author, what would you ask? Why?
Question #1- How can an entrepreneur help to diminish the effects of emotional bias?
Question #2- Which valuation method produces the most accurate results of a successful business.
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
     I did not disagree with the author regarding any sections of the text.  I would have liked to see more information on the methods for business valuation.

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