Business Essay

It has always been a dream of mine to one day open and run a small business. I feel that I know myself well, and that this career field would suit me best. Rather than have one large company that brought in a sufficient income annually, I prefer to have multiple small businesses which in turn lead to large profit margins. I get bored easily, and this variety of work will keep me motivated and happy through the rest of my working life. However in order to achieve my life dreams of running these businesses, there are certain steps I must climb first to accomplish my goals. I realize that education in this field is not a necessity, but will go a long way on my journey to the top. I do however plan on graduating from the Cameron School of Business here at UNCW and making vast amounts of money within seven years of my completion of college.

There are certain requirements that are needed to get into the Cameron School of Business, and certain requirements needed to graduate. For one,a completion of a Cameron School of Business Admission Application must be on file. Students must have an earned UNCW GPA of 2.4 in all required classes(shown below). Students must also attend one session of the Cameron School of Business Admission Orientat

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Entrepreneurship, hospitality management, marketing research, services marketing, management, risk management and insurance, are all examples of these classes which will help tremendously in the business world.

Before I started my research on the opening and operation of a small business, I interviewed a young entrepreneur by the name of Ryan Pittman. I think the biggest learning experience about the whole thing was the constant questioning process that I must go through in order to succeed. Other more in depth core classes must be taken as well. He gave me much insight into the questions I should ask myself before I start my business. First he said to question your motives for starting the business. Hopefully the experiences you learned through college will help you on your way to success. Classes such as basic accounting, economic, statistic, and math classes must be completed before a degree is had. As much as I dreaded writing it and setting up interview appointments, I learned a tremendous amount about the business. I did further research and learned the skill of writing a business plan. This will be the skeleton of your company he said, and the rest is all of the effort that you put forth. I have attached an outline of a business plan on the back of this packet.

In closing, I really enjoyed this assignment. The business plan can be divided into four distinct sections: the description of the business, the marketing plan, the financial management plan, and the management plan.

Approximate Word count = 1053
Approximate Pages = 4 (250 words per page double spaced)

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