In the eleventh month, I
begin taking the course “Business Plan Development.” The course description includes
each individual taking the business, management, and technical knowledge that
they have learned from all previous courses and putting together a business
plan for their intended business. This course required a lot of observation and
organization skill, which really enhanced my development skills. The
assignments included in this course were learning how to identify my target
market, identifying potential competitors within the same market, describing
the opportunities and barriers that I may face in my current market, and
creating a financial spreadsheet with a list of all financial factors
associated with my business. I enjoyed completing these assignments because it
gave me an even better understanding of what to look for in the build-up of my
business. The financial spreadsheet assignment was fairly challenging because it
required me to create hypothetical figures for my business plan in order to see
all improvements and successes.
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