February 17, 2014 Discussion of Risk

Discussion of risk: The risk is the same as the weaknesses from our swot analysis. The risk of our company consist of start up cost. With our company unreliable as to how we will gain the amount of money for our business to commence is one of the main risk factors. We will join with another business making sure we can gain as mush assets as possible and generate some kind of deal letting them gain half profits perhaps or something to pay them back for helping us out and a little extra. Another risk discussion is generating our promotional cost. As far as advertising our company via E-mail and paper ads won't be a problem but to generate larger advertisements such as build boards for travelers which our are main target market will cost am arm and a leg we'd have to generate money for that as well. We will possibly have to take out a loan for that to. Another risk that comes among us is making sure our location is presentable and works as planned. Meaning that we choose our location hoping to still clients but hopefully they are attracted to our business and not just focused on our competitors business. So we will have to see how that plays out so far since we made an eager decision among location choice.

January 31, 2014

This week my favortie thing in class was visiting the other websites. I visited each website loooking for different ways to compete with the other businesses. I viewed their many different packages and how they tended to draw in customers. I'm very excited to up the competition by making my deals better than theirs not but just price though because that would imply cheaper quality. Therefore I decided to throw in the variety of different services to make my product more distinctive and optional. As far as remaining on task in school i do not do so well but i do devote my time after school to finish what i did not in school. SO I guess you can say my task level is pretty equal. For leading my company i believe i will do very well because i have no problem telling others what to do and how it should be done rather than done wrongly and redone. I think i am capable of multitasking and not selfish about asking questions if I myself needs help. I really honestly am only going to choose realiable employees so hopefully i won't have to do what has not been acheived.