Session 2,3, & 4

Session 2 I learned about small business and how easy is it to fail and not having a great business plan and managing the generate income can create a down fall for the new small business.

The exercise that we did in class opened my eyes on how small details are put in making decision for your business and how things can impact your business.

Session 3 critical thinking is needed to plan for your small business, deciding when and the how is very important because if not planned correctly or maintained the correct business plan this can send your business in to a down fall. This situation can be avoid by managing your group and delegating, and letting your team help out. Getting the right person for the job not taking all the responsibility just for your self,knowing when to ask for help.

Session 4 Out Sourcing

Many time companies need to outsource some time is to gain financial outcome and other is for surviving the critical economy, for the most outsourcing in some cases is necessary to satisfy the customers needs and to keep his confidence to maintain there trust. Outsourcing can sole some problems but also they can create new one's too, quality in some cases is the first thing that is lost when out sourcing because cheaper labor transform into lower quality products or service. So outsourcing isn't always the solution, planning out the situation is required to plan and make the correct decision.