1) The biggest surprise to come from this weeks reading was the very long checklist for analyzing a business. I was surprised to see that it was quite long, and rather intricate. I understand that there is a lot that goes into "analyzing" a business, but the specified instructions from this list were much more detailed than I expected them to be.
2) The section I found that was confusing was the part about section addressing adjusted values. I didn't quite understand the benefit of this and why only assets where listed in these values. I was in need of further clarification.
3) What are the benefits of addressing adjusted values?
Why is the price/earning approach seen not seen as a benefit to entrepreneurs?
4) I disagree with the part of the chapter that talked about start up costs. I don't think that people should try and avoid costs during the beginning of their business. When you initially begin a business, I understand not wanting to spend money on things that don't benefit the business- but you definitely need to spend money when you first start up. What you invest in the beginning could make or break the success of your business.
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