Tuesday, January 7, 2014

Tuesday: DAY 2

In today's class we learned more about our future business plan. We went through the contents of what our business plan will consist of as well as why we need business plans. We then learned about each component. Each one serves an important purpose. They each are very important for the business plan. If each component of the plan is put together well, the presentation you put on will have a much better chance for success.

Next, we discussed organizations and how some are made up. We discussed Apple and if they will be able to have new, successful, and innovative products in the future. We also discussed competitive advantages and the factors that go with it. Like quality and price.

We also went over our E.E's. I found that nearly all of the screen printing companies had high quality services, but none of them had their own brand. That is where I would set apart from other companies. I would have my own brand; my own clothing line for my customers. That way people that buy the brand will use by screen printing services as well as my screen printing customer will purchase my brand.

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