Session Date
Lesson Topic
Business Plan Development
Lesson Outline
Today we made calculations on the percentage of the smoothie business Bobby would have to give up to an investor in order to raise the start up costs. We also calculated the cost of financing start up costs. We learned a few new finance terms including CAGR (Compound Annual Growth Rate)
Session Minutes
60
Minutes Student Attended
45
Lesson Comments
Bobby started our session a little late because he was returning from taking the reading portion of the Pert test. He told me he did not pass but did not seem too concerned about it. We worked on his business plan including exploring the cost of financing instead of selling equity in his business (Judie's idea!). While there are certainly longer term advantages, there are some practical concerns near term. Bobby is getting very comfortable navigating Excel.
Session Hours
1.00
Hours Attended
0.75
Entry Status
Review Status
Student Name(s)
Subject
School