note that your final product should be a formal paper with an introduction,

note that your final product should be a formal paper with an introduction,

Note that your final product should be a formal paper with an introduction, body and conclusion. Your intro paragraph should tell the reader the purpose of your paper, who you are interviewing and how you will proceed with the paper. You should use your own words when discussing the information that you learned from your interview. APA format is required (including a reference for the interview itself).

Also note that ALL short writing assignments must be submitted through both Turnitin and “Assignments” in LEO. Turnitin will inform you about any potential plagiarism and give you the opportunity to edit your paper to eliminate plagiarism altogether. Watch for announcements in “Ask the Professor” concerning the requirements of this assignment. In Week 2 your first Short Assignment (SA1) will be and Interview Assignment which is due by end of Week 2. Choose one of the two interview options and complete the assignment by taking into account of the following questions.

 

SA1 – Interview an Accountant or Accounting Firm OR a Banker

Option 1 – Interview an Accountant or Accounting Firm

Contact an accountant and conduct an interview on forms of businesses, taxes, licenses needed, and so forth.

1) Which legal structure do you recommend? Why?

2) Can this legal structure be changed once it has been established?

3) Should the business be formed in or out of state? Why?

4) What are the tax implications of the legal structure recommended?

5) Will I need an employer identification number (EIN)?

6) Should I open a business bank account, or will my personal account be sufficient? Why?

7) Do you recommend using accounting software? Why?

8) What are the strengths and weaknesses of this business form?

 

OR,

Option 2 – Interview a Banker

Contact a bank manager and conduct an interview on loan procedures and qualifications.

1) What is the current environment like for bank loans for small businesses?

2) What are the current rates the bank charges for business loans?

3) What criteria are considered in the determination of the rate of the loan and the amount that can be borrowed?

4) Are you lending money to new/small businesses?

5) What is the difference between a line of credit and a loan?

6) Do you sell your loans?

7) What financial information is required of the lender?

8) How do I obtain a loan application?

9) What types of questions might be asked in addition to those in the loan application?

10) What types of security might be requested to secure the loan?

11) What types of businesses normally get loans?

12) What are the characteristics of successful borrowers?

SA1 Rubric: Interview an Accountant or Accounting Firm

Contact an accountant and conduct an interview on forms of businesses, taxes, licenses needed, and so forth.

FINC328 – Small Business Finance

Short writing assignment rubric – Interviews

Grading rubric follows:

Meets expectations Approaches expectations Below expectations Limited evidence
Research and findings

30 points

Discusses responses to all interview questions; relays most information in student’s own words.

(25-30 points)

Discusses most/all interview questions; relays more than 20% of responses in interviewee’s words.

(20-24 points)

Discusses some/all of the responses to interview questions; excessive use of interviewee’s wording.

(15-19 points)

Discusses a few of the interview questions, significant use of interviewee’s words; student unable to put into own words.

(0-15 points)

Critical analysis

30 points

Student demonstrates a strong understanding of interview content.

(25-30 points)

Student demonstrates general understanding of interview content.

(20-24 points)

Student demonstrates limited understanding of interview content.

(15-19 points)

Student does not demonstrate a general understanding of interview content.

(0-15 points)

Grammar and style

15 points

Project is well written with no grammatical or writing errors.

(13-15 points)

Project is generally good but there are at least 3 editing errors.

(11-12 points)

Project is generally good but there are 4-6 editing errors.

(9-10 points)

Project contains excessive editing errors.

(0-8 points)

Organization of document

15 points

Discussion of interview is organized and easy to read.

(13-15 points)

Discussion of interview is generally good but needs further organization.

(11-12 points)

Discussion of interview is choppy, needing better transitions to make it easier to read.

(9-10 points)

Discussion of interview is poorly organized and difficult to read.

(0-8 points)

APA referencing

10 points

APA referencing is properly used for an interview, including citations following all direct quotes and a formal reference section.

(9-10 points)

APA referencing is not completely correct. Errors in citations and/or referencing.

(7-8 points)

Limited attempt to follow APA format with several errors noted.

(5-6 points)

Poor attempts to follow APA format with many errors noted.

(0-5 points)