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Senior Project. Lei Ding. Determine what to do?. Art? Sports? Films? Photography? Chinese Culture? Business !!!. Original Goal of Project. To open a Ross School store to benefit the Ross community. Goals of Project. Find out the potential market at Ross Find a space for the store
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Senior Project Lei Ding
Determine what to do? • Art? • Sports? • Films? • Photography? • Chinese Culture? • Business !!!
Original Goal of Project • To open a Ross School store to benefit the Ross community
Goals of Project • Find out the potential market at Ross • Find a space for the store • Find some low cost venders with good quality products • Find a suitable computer program to keep track of inventory and incoming money • Find Staff and Managers
Final Product of Project • A business plan
During the process… • To speak to different people about a store on campus • To change mentor due to time availability • Waiting for email responses • To look for space • To arrange meetings • To determine what will be sold online or in store • To find online venders and make phone calls • To research about sample business plans
Challenges • Communicate with people to discuss project • Cooperation of others with my own idea • Lack of responses to emails sent • To find a usable location • To change final product • To stay on track with my project and process folio • Getting start up money • To open the store
I learned… • Don’t procrastinate! • How to make a business plan • Different accounting systems • There is a lot more involved than I thought • It’s not easy to start up a business • English editing skills
Future Plans • I will study business in college • Future career involving business
Many Thanks • Marty Cooper • Jody Heneveld • Liz Dobbs • Dale Scott • Robin Volinski • Peter Polshek • Riko Kawahara • All my friends who supported and helped me in the last three months • Ross School