The business plan is the most important part when it comes to being an entrepreneur. You really won't accomplish anything without one. When you are trying to sell your product and need a loan for your business you want to have a business plan made out for the bankers to go over. The business plan describes everything about your business and it makes thing a whole lot easier for you when it comes to asking for loans or favors or help for your business from others. Your business plan gives them a view of your business which is better than listening to you talk about it, this way they wont miss anything and can find mistakes, if any, for you to fix.When it comes to owning a small business it can be difficult because you really have to look at what other business that are similar to your are doing.
When we were looking at our business ideas on the internet I didn't realize just how many performing arts studios there were. It's going to be very difficult to stand and I will definitely have to get creative.
For my entrepreneurial experience I guess our business plan would be that we want to provide a new creative way for people to show there loved ones that they care. Our package is affordable and is for everyone no matter age or sex. We thought it would be cool to have songs to sing to the customers in French, Spanish and English. So far we haven't gotten our package together. Jenni, Erika and I went to some dollars stores to try and find some things that would fit what we're looking to go in our package. There are so many things to choose from.
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