Question

In: Accounting

I have a project to make and my professor wants me to make a Synopsis. She...

I have a project to make and my professor wants me to make a Synopsis. She wants me to put together a synopsis of the SBA grant EIDL loan program and payroll protection program. The criteria that the small businesses have to meet, what potential benefit would these small businesses receive and so on and so forth. What is the best format for this Synopsis? Thank you.

Solutions

Expert Solution

Let us discuss the best format for this synopsis.

The synopsis is just a brief outline if a project, that defines the way in which project will be headed.

Following topics should be covered under the synopsis :

1) Title

2) Introduction

3) Objective of Project

4) Creating Hypothesis

5) Briefing the loan program

6) Criteria for Small Businesse

7) Benefits received by businesses

8) Evaluating the result

On lets see what all topics will cover.

1) Title will define the subject to which the discussion is related to. Like here it deals the SBA grated EIDL loan program. So the title should also be related to this

2) Introduction will include defining and basic explaining the topic is easy terms to make the reader familiar with what the topic actully is. It will be then easy for the reader to understand the topic and project.

3) Objective of the project will include what actully the projects is entitled to find. That will be the objective of the project. Every project is conducted in order to find something and reach to conclusions. This particular project is concerned with effect on small business bt this EIDL loan program.

4) Creating Hypothesis will contain presupposing something which would depend on some self analysis and current scenario. But this can differ from what actully is the situation. So at the end it is tested that whether our hypothesis was right or not.

5) Briefing the loan program will contains all details about what the program is and what does it offers in a very precise manner.

6) Criteria for Small Businesses to qualify for the loan will be discussed in this part. After fulfilling these criteria only loans can be granted.

7) Benefits received by businesses is found out doing several research and applying various methods. This can also be through the factual data.

8) Evaluating the result, contains matching the final result with the one that was hypothised earlier. If it matches means hypothesis was right otherwise vice versa.

According to the evaluation process, result is being found out and the project is concluded.

This will the whole format for synopsis for the required project.


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