Monday, December 1, 2008
Business Plans
Well I had to leave early from our class when there was a guest speaker due to parent teacher meetings I had scheduled. I had asked some of my classmates about how the guest speaker was and they had explained a few things that she had talked about. We had already been working on our business plan presentation so I was curious to what else there could be. From my point of view, it takes alot to do up a business plan, you have to be dedicated to your idea because just doing the plan can get discouraging. It takes alot of editing your plan, going over things constently and also I thing I had learned from my classmates when asked about the guest speaker is the Executive summary. That is one thing I had not known before that was very important to have included with your plan.Also what should be included in your plan is the exit strategy,it would accually benefit in the decision making with the investor's or lender's involved. In all a bussiness plan is something that requires alot of work and editing, going over things and sometimes frustrating, but if your plan is a good one then it would all be worth it at the end!
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1 comment:
I am glad to see that you took the initiative to talk to your classmates to see what you missed.
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