Making a Business Plan
Hello and welcome to this blog. Here you will learn everything you need to know about planning for a business.
Tuesday, June 2, 2015
Final Product
Monday, May 11, 2015
Planning for completion
Monday, April 20, 2015
Unplanned for Setbacks
Sunday, April 12, 2015
Planning for my business plan
My Progress for creating a business plan (BP)
So far, I have researched and learned all of the information that is required to go into a BP. I have also created a template and outline to ensure efficiency, and to better understand what exactly is needed to create a BP. My only setback was realizing the significant amount of information BP's require, and trying to figure out how to obtain the information.
Projections for next update
In two weeks, I plan to finish part one of my BP template which includes questions like: What is the business, Who is the potential market, What will the future be like (goals and objectives), etc.
New plan for my business plan
Update on Progress:
I began filling out my BP template and noticed there were many flaws. I decided to start over and use a new template in order to prevent any potential mistakes. The information I filled out so far is the summary of the business along with the summary for marketing. I have also came up with a list of services the event center will offer. I have met the projections the were predicted in the previous post.
Projections for two weeks
For the next two weeks, I plan to go in depth about the business itself. For example, I plan to find a potential location, deciding to buy or lease, deciding the management and ownership, the amount of staff, etc.
Monday, March 2, 2015
In the Business of Planning
The essential question
What does it take to create a business?
What have you chosen to be your 20% Time Project? Why did you choose this? How does your project choice answer the essential question?
For my 20% time project, I have chosen to create a business plan for an event center. I chose to do this because I have thought a lot about what it would be like to make an event center, and I saw this as an opportunity to truly understand what it would be like. By creating a business plan, I will learn what is takes to create an event center.
What are your goals?
My goal for this project is to understand everything that is needed to create a business. I hope to achieve this goal by creating a business plan.
How will you measure your progress/achievement?
My progress will be measure by projecting what I will learn and do by certain dates and seeing whether or not I achieve or exceed those projections.
This blog
This blog will track the progress, findings, and obstacles that I will experience throughout the project.