ACC 557 Assignment 2: YOU ARE AN ENTREPRENEURStudent life does not generally aff

ACC 557 Assignment 2: YOU ARE AN ENTREPRENEURStudent life does not generally afford a great deal of free time to pursue your personal interests; however at one point you may have considered turning a personal interest or hobby into an official enterprise. Today you have finally decided to turn that hobby into a business but have realized that you need start-up capital from a lender or investor.To obtain funding you need to convince a lender / investor that your business is more than a hobby. You need to demonstrate that you have a firm grasp of your business the accounting practices that impact your business the controls needed to safeguard assets and which accounting system will produce accurate and relevant financial information.Write a six to eight (6-8) page business plan in which you:Evaluate the impact of the regulatory environment including the Sarbanes-Oxley Act and other regulatory requirements on your business venture giving considering to how you intend to comply with the requirements and the general impact to decision making within your business