Business+Plan+Reflection+Essay (1)

Business+Plan+Reflection+Essay (1) - BUSI 110 Reflection...

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BUSI 110 Reflection Essay / Project Assignment Name: <<Enter here>> Business Plan Idea: <<Enter short description here>> The purpose of this assignment is for you to reflect on the content what we covered in this course and consider how it will impact your career. Answer the questions below at the prompts provided. 1. What is your major? Enter here 2. How many business classes had you taken prior to this one? Enter here 3. Write a sentence describing the reason you took this class. Enter here In this class, you started with an idea for a small business to sell a product (or service), and we performed some activities to develop it. Below are some steps you would want to take. Design the product Identify customers Create a marketing strategy to reach customers Develop your product cost (cost of goods sold) Price your product Determine administrative and other expenses 4. Suppose you were to start over with a brand new business idea. Based on what you learned in the class, how would you approach the overall process of developing your business?
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