Friday, September 11, 2009

Some Pointers on Business Plan

Week 9. Pn Rafidah gave us some guidelines on the business plan report. She also adviced us to focus on the business plan report as presentation is not necessary. Besides, she asked us to refer to the slides she gave and also, to look into the internet for samples and examples of business plan reports for additional informations. After that, we were given time to discuss about the business plan. My group leader decided that parts should be divided fairly among us to smoothen the report progress.

As for presentations on Thursday, Pn Rafidah pointed out that we should not enclose everything we do as there will then be no surprise during the last and final presentation. Instead, we should make the audiences feel interested to know more about our business activity. Next, a quiz is conducted to test our understanding towards what we had already learned.

This week I have learned that a good and precise business plan is needed before a business can be run. Therefore, we must learn to do a business plan correctly to ensure the direction of the business is clear. I am worried that our business plan is over-ambitious and we may fail executing the business operations.

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