To prepare, one must have a … The reality of money is that at the end of this plans, loans from the bank have to be taken.

GOT IT Another important concept in having a business is a budget, this means how much am I willing to spend for an empty space I could have and also all the equipment needed to continue my plans. 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, 2005). Personal Reflection On Business Plan Development 251 Downloads 9 Pages / 2,059 Words Add in library Click this icon and make it bookmark in your library to refer it later. Creating a personal development plan involves more than simply contemplating what you want from your life and how to go about achieving it. If you want to create a personal development plan that helps you to achieve your goals, preparation is the key. Sample Reflective Paper. The goal of the project was to develop a business plan and a business plan is basically a formal statement which is formulated to achieve the desired goals of business. The goal of the project was to develop a business plan and a business plan is basically a formal statement which is formulated to achieve the desired goals of business. Reflection on Business Plan. Reflective Paper on Business Plan.

I decided to use the Cake Shop idea for my business plan as I thought it would be easier doing this for assignment purposes than doing event management.

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