Business Plan Reflection: Utilizing Gibbs Model for Skill Enhancement

This report provides an individual reflection on the application of Gibbs' Reflective Cycle to the development of business plan skills. It covers the student's learning experience, focusing on enhancing effectiveness and efficiency in the marketplace. The reflection includes descriptions, feelings, evaluations, analyses, conclusions, and action plans related to understanding the significance of a business plan in finance, operations, and market analysis. The report emphasizes the importance of continuous learning through seminars and online webinars to improve management and business skills, ultimately leading to the creation of effective and efficient business plans. The report concludes that the Gibbs model supports workers in measuring performance and presenting ideas for business plans.

Part 1 Individual
Reflective Report

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION ...............................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
The following report covers Gibbs reflective model that the learners will have to study
the subjects that will support them in further business plan. The person will get the experience
that will support them in maximising the performance. The Gibbs model of learning is utilise in
the group of the business. The workers are essential for the business due to which they support in
giving the goods.
MAIN BODY
It cover effective business plan and significance in respect to help the reflection Gibbs
Reflection cycle that are being applied that are as follows - Description - The business plan offers that what is generally design and how it plays
significant role in the market place (Liu, Kitto, and Shum, 2021). Whereas I was enough
capable to increase my learning skills with business plan and also promote effectiveness
and efficiency of the market place. Without effective business plan, the management may
face failure and as well as several issues with ineffective operations and functions. Feelings – By having effective section of business plan, I am capable to know the
genuine vision and mission of having business plan and other aspects of the business like
financial documentation, legal advisory in which I follows business criteria in the field of
market place. As I want to be a manager as my further career targets and it will support to
me design suitable business plan. Evaluation – I am enough capable to evaluate the significance of the business plan in the
field of area. It covers several sections of the mediums in terms of finance, operations,
functions, industry criteria, market and as well as competitors.
 Analysis – It is clear that business plan will support in attainment of the targets and
objectives of the business. I require to enhance my business functions that will further
support me in performing my roles and responsibilities and try to deliver services to
consumers (Mello, and Wattret, 2021). It also support in to enhance my decisions,
functions, roles regarding business plan in an effective manner. It also analyse that
effective business plan also decrease the issues and problems with clashes of thoughts in
the business.

 Conclusion – It is also reflected that the significance in the business that supports to
maintain diverse actions of the management. Business plan plays effective and smooth
section of criteria of business. So, that each workers suitable analyse diverse business
sections from business plan that decrease the unclearness and confusion regarding
business.
 Action plan- In respect to enhance my skills in terms of business, I need to concentrates
on taking seminars to have supreme command on my my management and business skills
(Schoch, 2021). I need to take part in diverse online webinars, performing on group
projects that will help me to create effective command on my working of my business
plan. Meanwhile, it furthermore support me to design effective and efficient business
plan.
CONCLUSION
From the above mentioned report it has been concluded that, it cover gibbs model of learning
because it support the workers in measuring the performance when they are presenting their
ideas for effective business plan.

REFERENCES
Books and Journals
Liu, M., Kitto, K. and Shum, S.B., 2021. Combining factor analysis with writing analytics for the
formative assessment of written reflection. Computers in Human Behavior, 120,
p.106733.
Mello, L.V. and Wattret, G., 2021. Developing transferable skills through embedding reflection
in the science curriculum. Biophysical Reviews, pp.1-7.
Schoch, L., 2021. Reflections on the Parkinson’s Project: learning experiences with the Gibbs’
Reflective Cycle.