Today the main subjects I took away from the day were pertaining to leadership styles and my business plan portfolios. We discussed types of leadership methods and which ones we were. I believe I would be a place setting leader. In other words, I would definitely set high goals for my employees and expect them to reach them. Now, this can be difficult because many people are perfectly fine with doing the average amount that is comfortable to them. As long as I can motivate my employees to go above and beyond while still enjoying their work, I believe I will see success.
We spent probably a third of the day researching information on our business plan portfolio. We looked up locations for our business as well as start-up costs. The two locations I found were both on Hamilton. The old blockbuster would be the perfect size and location. Their are hundreds of commuters everyday that would drive by and see that building. However, it is quite pricey at $18 psf at 6000 sq feet. The more safe approach would be settling on a simple plaza slot where the cost is $15 psf at 1500 sq feet. This, although small, will be sufficient to get the business off the ground. The main start-up cost for my screen business would be a screen printing machine. Depending on the year of the model and the number of screening plates (1 up to 6), the price will range from $800 to $4000. My plan is to buy an older model at around $1200 with more than one screening plate. This will give me a nice enough machine to survive a decent business growth over the next few years before upgrading to a newer, nicer, and more technologically advanced screen printer.
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