INTRODUCTION The reflective journal is the place to write about the daily entries of reflection. It helps in identifying the bad and good which happened that can be self- reflected and learning can be made from past. It will cover reflective journal. MAIN BODY Whileundertakingthismodulematerial,Ifeelhappyandgladthatthroughthis opportunity I was able to gain knowledge regarding the micro and small enterprise. While I was taking the weeks’ material, there was one idea which came into my mind which was what kind of uncertainty and risk are involved in the micro small and medium. These three are different level of business yet have some common risk in common. The most interesting thing in this module was the difference between small and large businesses and how both has its distinct capability to survive in the market. Another best thing about this module was I got to know the benefits of small businesses which I never thought would be as I would also support and dream of large enterprises. There are many things which I learnt from this week material which includes the detailed knowledge of small business, right from beginning from its characteristics to its benefits. Each material of the week has given me deep insight of this business. This material will help in my future project as I have made my concept clear from this week material which will help me in presenting my views and concept in an appropriate manner. CONCLUSION It is concluded from the report that reflective journal helps in analyzing the self- reflection and gives insight of what good and bad happened. It provides the details about past experience which can help in future learning.