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Date and Time
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Sunday January 1st 2017
Today I used information I got online to see what a business plan and model look like. In doing so preparing to meet with my project facilitator for the first time.
From a personal standpoint, I want to always be prepared when doing something, so researching on my own before meeting with my facilitator is something that I see as beneficial to me. I will be meeting with my facilitator on Thursday for the first time to get the first steps and most importantly knowledge in this product and model.
In this picture, I’m researching information regarding my product for the first time.
Date & Time
Pictures with Captions
Monday , January 9th 2017
This afternoon I sat with my project facilitator for the first time. We set to meet at Century House Tavern, to go over models and financials of the broad aspects of the restaurant. He gave me information regarding the aspects of the income and profit and loss with the basics of the business. He showed me models on Excel on the computer relaying to me the information to the basics of what everything is and as well showed me in detail the financial bank statements for the restaurant.
Meeting with my facilitator for the first time was a great learning experience. I tend to love financials and everything to do with making a successful business in general. It was great to see and go into detail so many things and we just were tapping the surface. My facilitator gave me things to research for the next time we meet soon, which will help me better understand the little things out of reports, plans, etc.
In this picture my facilitator is showing me financials regarding a business plan such as profit and loss from a restaurants finances. Including bank statements for the restaurants financials.
Thursday, January 5th, 2017
2 ½ Hours
This evening I spent a lot of time researching topics in which my facilitator and I discussed when we met. These topics include various business plans and the details of those business plans with everything from financials and future success within those models from which we discussed.
In doing this research and taking notes, I have gained knowledge on the basics of my project so in doing so I can meet with my facilitator and have knowledge that I did not have before. And in doing so will help me create my own plan when everything is said and done.
I hope to meet with my facilitator soon for the next steps in creating a business plan and all aspects.
In this picture, I’m looking at everything my facilitator gave me to look at and research on my own part. One of the main things in a business plan is financial summary. And how you plan on “making ends meet.”