Legacy of Wisdom Academy of Dasmariñas, Inc.
Golden City, Salawag, Dasmariñas City
SY 2020 – 2021
Fundamentals of Accounting
LESSON 1 – Introduction to Accounting
ACTIVITY NO. 1
Name: Delos Reyes Gianna Date: _09/14/20___
Assume you plan to open a bakery shop. List down all your economic activities.
1. Determine what business structure your bakery will use.
2. Write a business plan on how you will start your business
3. Research the areas of your city to find an ideal location
4. Develop your standard bakery menu. Decide if you will offer a wide variety of items or focus on one type, such
as pies, breads, cupcakes, etc.
5. Price your baked goods.
6. Determine how much of each food item, such as eggs, flour and vanilla, it will take to prepare everything on
your menu in realistic quantities and research suppliers.
7. Find out what your target customer’s needs.
8. Have a defined friends and family policy.
9. Advertise the grand opening of your business with storefront signs