This week for B283 we have gone over a lot of really good material. Our homework focus over the last couple of days has been to go over our $100.00 challenge and write up a business plan for it as well as a business plan for our "Big Idea" business that we were able to choose. For some reason I thought that this assignment was really hard. Like I said in an earlier post, I never thought that I would ever take a business class, so some of the information that we needed to figure out was something I have never done before. The information I researched was all information that I know I need to know how to find and figure out, but I couldn't help but feel a little overwhelmed at all the bases an entrepreneur needs to have covered. I'm excited to get more familiar with it though! Another reason it was good for me to find that information, is that it really made me look at what I have chosen for my challenge and solidify some of my ideas for the design, look, etc.
Something else I have learned, is how important it is to keep the summary short and to the point and not add a bunch of information that really doesn't need to be included in the plan. So, it made me think about what I was including. Hopefully I did it well! But I know I will get good feed back either way, whether I need to make some change and improve in some area's or I did a good job right off the bat. Hopefully it is the latter.
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