Today the information we learned was about financing and taxing.  These parts are important to the businesses.  We also learned about different kinds of businesses.  Some of these include sole proprietorship, partnerships, and corporations.  The majority of information learned today was through the EE groups.  We learned that we need to target specific people.  We actually changed our target market from students to the employees of the school.  We decided to do this because we thought that most students will not need a ride from 9-11 in the morning.  We also talked about pricing.  This is important because we want to make a profit on this business.  We came together on a price of one dollar per mile.

Reflection:  The information we learned today was important to me because it helps me be aware of the different kinds of businesses out there in the market.  The information was important to me because as an entrepreneur, I need to know about financing, taxing, and other kinds of business out in the market.  I will use this information later in class in the EE and when I start to make the business plan.  I feel strong about the information learned today.  It helps me feel more confident about the business we are starting on Friday.  As I become older, this information about taxing, and financing will be more important and useful.