1. defend or refute the statement by creating a scenario that illustrates where the cashflow statement does tell a potential lender or investor more about the risk of lending to, or becoming a partner in a small business.

2. defend or refute the statement that for a start-up's founder who does not know his or her burn rate for the business, that start-up is at risk of going under.

3.defend or reject the use of the working capital of a business as basis (foundation or starting point) for setting up its profit level .

3.outline or reject the viewpoint that there are several positive roles for different types of boards (and appropriate compensattion) in the life of a start-up or small business depending on the stage of development.