Wednesday, November 18, 2015

Blog #10

Here is a list of continuing subjects we discussed at out meeting today. bank statements
mission statements (did change)
goals
S
M
A
R
T
startup cost and fund allocations
spreadsheets
excel workseet for products
found app for social media
business philosohy
vision (didn't change)
competition
demographics
target market
average income of customers
figuring out buying income
specofics on what they were going to purchase
what their lease was
credit scores bank didn't care interesting
increase prices down in new location bc there is more money but not noticeably
check out competition
rent is more expensives down there
alchoo bc retired and a lot of money
profit margins way higher (wine example)

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