Session Date
Lesson Topic
Business
Lesson Outline
Today we discussed components of a business plan for Sophia's Tee Pee rental company! We talked about how she will differentiate her business from competitors, marketing strategy, cost considerations, and personnel needs. I asked Sophia to think about her target market by doing a survey over the weekend (ask at least 10 people) to try and find out who her customers are (Age Range / Boys-Girls / Parents-Kids / Other). We discussed the importance of targeted advertising so that we focus the message to the right people.
Assignment
Do a Survey - TP business
Session Minutes
30
Minutes Student Attended
30
Lesson Comments
Sophia demonstrates knowledge of several business concepts but needs to develop an understanding of how to get the components in place to make it happen, and to make it successful. By developing a business plan, she will learn some of the practical issues faced by entrepreneurs. She was attentive and focused, but sometimes rambles on about things causing her to get off topic.
Session Hours
0.50
Hours Attended
0.50
Entry Status
Review Status
Student Name(s)