Reflective journal business plan
So in this Reflective report I will try to cover all the personal subjective impressions, notions, influences, inferences and conclusions, from my point of view. In the initial stages the group members were very confused about the plan and which product we should select.
Reflective journal business plan
By providing the option to sell merely online with a big number of advantages over the traditional market. Usually a business plan is develop when an entrepreneurial project is initiated and in order to find its feasibility a comprehensive plan is developed Sutton, We also managed to build strong marketing plan, covering short term tactics, aswell as long term strategies. Questioning provokes new insights, connections, possibilities and directions; networking allows an entrepreneur to gain new ideas and views from people of differing background and perspectives while experimenting triggers new ideas leading to new innovations Dyer et al. In the initial stages the group members were very confused about the plan and which product we should select. All the members of the group brainstormed together and I discussed the idea that we would develop a safety device for speedy automobiles with infra-red technology. One important skill that I have gained throughout this experience is team work and working with people from different culture and background. Thus, I have learnt to prioritize my workload and familiarize myself with project management tools such as the gantt chart and critical path method in order to schedule project activities. It is about how much i learned about others, but also myself. However we were all motivated to work together to achieve a similar end goal. As long as you have a budget to purchase all your necessities and a space to do your business than you will have a good start.
Kindly order term papers, essays, research papers, dissertations, thesisbook reports from the order page. Technological analysis explains how modern technologies have huge impact to modern businesses, without any doubts.
Aside from that, I learnt a great deal of patience and ways in dealing with people from different cultural background, personal and professional experience through team work. I had to write down my vision for this project, this meant how i wanted this business to look in the future.
However we were all motivated to work together to achieve a similar end goal. Primary strategy is meant to be web-based. Various calculations and researches had to be done in order to achieve different income and outcome calculations.
I learnt that being a great entrepreneur starts with an innovative idea. Conducting the market research was the most challenging task I faced throughout the process of writing the business plan. As long as you have a budget to purchase all your necessities and a space to do your business than you will have a good start. This novel idea was appreciated by all the members but its implementation part was quite difficult and all of the group members were very worried about that how we can analyze this device properly. I learned that it is very important to be extremely organized with starting the business. In this project I decided to have my business in my community in washington heights. Thats how i will always win in the competition of knowing what goes around and also learning along the way. I had to write down my vision for this project, this meant how i wanted this business to look in the future. After my decision of the business i wanted then I needed to think about why i wanted this business and also how i am going to make money. These elements of creating a business in the future will definitely help me in being a succesful entrepreneur.
However, this module has taught me that one can produce an innovative business idea through observation.
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