'Market Day Reflection\r'

'I felt as if was unfeignedly tally a line of credit and that I had to be 100% committed to e very(prenominal) decision we made. I was very involved in every bump of this project. I was also very eager for food market day to come to see if the product we dog-tired months making would be a best vender come time. What made you discouraged? The only amour that tended to discourage me was when I found out iii early(a) crowds were making a very kindred product to ours and selling it at a set about price. This made me feel like our shirts were not deviation to sell and we would have failed. If you could assign a step for this reject, what grade would you give?Explain why you conceptualise that grade would be fair. I think I would deserve an A because I was putting in each(prenominal) the put to work necessary to receive an A. not only was I the president of the confederation, was involved in all of my team members jobs as well. 3. Financial compendium of the Comp any(p renominal) †How many products did you sell? We sold all of our products (36 shirts). What was your sales taxation? Our total sales revenue was $453. What was the amount of your total expenses? Our total expenses added up to $392. Did your telephoner make a bring in or come a loss? How much? We made a profit Of $61. How did you in the flesh(predicate)ly invest in the company?I invested $1 00 into our company. How much money did you crap sept after market day? Took home $1 13 after market day. What was your personal profit or loss on your investing? I made $13 profit on my investment. Did your group meet their financial goal? Explain. We in the first place set a higher goal for our profit, hardly in the end we are just joyful that we left market day with a profit at all. 4. Level of cooperation from Other Members of the Team †controvert the amount of cooperation and involvement of other team members: My other team members split up all of the work very equally.One person stood out in my group though, and that was Taylor Casey. She was the one who volunteered to drive all the way to Tempe to hen-peck up our product when it was finished. Was very surprised that in our group every member pulled her weight, and thats why we were so successful. 5. Business Plan †How were surgical incisions of the pedigree picture split up among your team members? We divided up the occupancy forge based on our areas of responsibility for the company, (the debility President of Finances took Over all the sections having to do with our finances, etc. ). Which sections were you reasonably responsible for? Id a bulky variety of sections considering that I was the president, but one section specifically to name was the biographies. When you were writing your sections, did you refer to the business plan outline that was provided so that you would know what questions to dissolver? Yes I did constantly refer back to the business plan so that I wouldnt leave any questions unanswered. Did you use your time in the computer testing ground wisely? Our group got all but ii of our slides done in the time allotted in the computer lab, so yes we did use our time very wisely. What was the hardest art about writing the business plan?The hardest part about writing the business plan was making sure that we added every slide and answered all Of the necessary questions in a logical order. 6. acquaintance Gained From this Experience What did you learn about opening and runnel a business from this project? I well-educated a few key aspects about running a company and that was be careful who you consume as business partners and never wait until the get going minute. For your business partners, I learned tattoo should choose someone who you know will consistently check into with you, and you will agree with them so that arguments never arise.\r\n'