Friday, September 30, 2011

Individual Post

This week has been very interesting and has got me thinking in very different terms for our venture. instead of simply how the idea will work i have been thinking about how to make this a real venture and a real business. The Business Model Canvas has introduced me to other aspects of how to make this business feasable. Before this week my mind was stuck thinking about just the product itself where now i'm starting to think about the business aspect such as suppliers, distribution and marketing. Tuesday we were introduced to the different forms of business and some legal issues we might encounter and i found it really interesting because we have more than one person it makes it more complicated as we cannot use a sole proprietorship. So far this class has gone very well and i am very excited about the rest of the course.

1 comment:

  1. Good to know your thinking about how to make this venture feasible, I too am thinking on how we can do that. We should really try and get a working prototype for the semester, would help tremendously.

    ReplyDelete