It is necessary to prepare a research paper at least once a semester if you study business and management at college or university. Debt management is quite a good topic for research paper writing whereas this problem is relevant for every firm and entrepreneur. If you have decided to write a research paper on debt management, you should get to know how to organize the process of writing professionally.
These simple writing guidelines will help you complete a successful assignment:
Tip #1: Read about Debt Management
Before you start writing your research paper, you should improve your knowledge about debt management. Go to the library and look for the books and periodicals that touch upon this problem. Moreover, pay attention to the research of numerous authors in order to analyze the topic from different angles. Every author has his own understanding of debt management planning and crediting. It is wise to collect several points of view in order to find their similarities and differences. Bear in mind that the first chapter of your research paper should be devoted to the general observation and analysis of the problem of debt management. Focus on the solutions of this problem in different countries and economies. Be ready to write at least 5 or 10 pages about the background, cause and effect of debt and its management. In brief, your first step is to accumulate knowledge, arguments and counterarguments.
Tip #2: Plan Your Research Paper
You will never write a good research paper if you do not plan it wisely. Many students think that it is very easy to make an outline. However, it is extremely difficult to project a sensible and logical paper. It is hard to invent the right concept of the paper that will make your research reasonable. Remember that every research paper should consist of three main parts: introduction, the main body and conclusion. The main body should be divided into several sections that contain information about debt management and practical tasks and examples from the real life. Try to organize your outline logically and place your chapters in the proper order.
Tip #3: Prepare Your Introduction and Thesis Statement
You cannot analyze any topic without a thesis statement. A thesis statement is the heart of your entire research. This statement should be firm and deliver the main idea of your concept. For instance, if you research the problem of debt management, you can brainstorm such a thesis – ‘Wise budgeting reduces debts’. As a result, your main job is to prove that reasonable budgeting is the best tool for the reduction of debt. Bear in mind that a thesis statement should be catchy and clear. The reader should understand your opinion at once. Avoid creating disputable thesis statements that offer several solutions to the existing problem. Your thesis should be precise and understandable. A thesis statement is the main point of your introduction. Devote a page to the introductory part. Say that debt management is an urgent problem in business because every entrepreneur suffers from crediting and annoying debts that affect their companies negatively. Moreover, present your general opinion about debt management and the methods that are used for the research of this topic.
Tip #4: Develop the Main Body
Begin writing your research paper with the explanation of the problem of debt management. Provide your professor with the theory devoted to this topic. The further chapters should be devoted to the different opinions related to debt management. Organize a presentation about the best methods that can reduce a company’s debt. What is more, observe a few bright examples about the debts of several companies and analyze the methods that were used for debt management. You can compare these cases between one another and share this experience with the professor. Finally, you can introduce your own concept of debt management. Invent several methods and policies that can be useful in this case. In simple words, you should divide the main body into theoretical and practical parts. Complete the methodology chapter that is supposed to be the most notable one whereas the quality of every business research paper is evaluated according to the utilized methods.
Tip #5: Conclude Your Research Paper
The final part of your debt management research paper should be devoted to the professional conclusion. Summarize your entire paper and enumerate the most considerable points, methods and achievements. Emphasize the importance and relevance of your research and suggest the best methods for the further analysis of this topic. Point at the weak sides of your analysis and say what you would like to investigate in future. Remember that many other students will research debt management after you; therefore, share your experience with them.