9

TVE-
ENTREPRENEURSHIP 3
Quarter 4 – Module 3:
EVALUATE A BUSINESS PLAN
(Week 5-6)
TVE – Grade 9
Quarter 4 – Module 3: Evaluate the Business Plan

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Development Team of the Module

Complier/Contextualizer: Junilyn A. Sobrevilla Abellana National School

Editors: Almera A. Camay,Principal Paril Elementary School
Girlie Alberio,ANS
Mary Jane J. Gamba, MT1, Ramon Duterte MNHS
Reviewer: Marlene G. Padigos
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Management Team: Rhea Mar A. Angtud, Schools Division Superintendent
Danilo G. Gudelosao, Assistant Schools Division Superintendent
Grecia F. Bataluna, CID Chief
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Marlene G. Padigos, EPS-EPP/TLE/TVL

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 Introductory Message
For the facilitator:

Welcome to the Entrepreneurship 3 Alternative Delivery Mode (ADM) Module

on Evaluating the Business plan)!

This module was collaboratively designed, developed and reviewed by educators

both from public and private institutions to assist you, the teacher or facilitator in
helping the learners meet the standards set by the K to 12 Curriculum while
overcoming their personal, social, and economic constraints in schooling.

This learning resource hopes to engage the learners into guided and independent
learning activities at their own pace and time. Furthermore, this also aims to help
learners acquire the needed 21st century skills while taking into consideration
their needs and circumstances.

In addition to the material in the main text, you will also see this box in the body of
the module:

Notes to the Teacher

This contains helpful tips or strategies
that will help you in guiding the learners.

As a facilitator you are expected to orient the learners on how to use this module.
You also need to keep track of the learners' progress while allowing them to
manage their own learning. Furthermore, you are expected to encourage and assist
the learners as they do the tasks included in the module.

For the learner:

Welcome to the Entrepreneurship 3 Alternative Delivery Mode (ADM) Module on

Evaluate the Business Plan!

The hand is one of the most symbolized part of the human body. It is often used to
depict skill, action and purpose. Through our hands we may learn, create and
accomplish. Hence, the hand in this learning resource signifies that you as a
learner is capable and empowered to successfully achieve the relevant
competencies and skills at your own pace and time. Your academic success lies in
your own hands!

This module was designed to provide you with fun and meaningful opportunities
for guided and independent learning at your own pace and time. You will be
enabled to process the contents of the learning resource while being an active
learner.

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This module has the following parts and corresponding icons:

This will give you an idea of the skills or

What I Need to Know competencies you are expected to learn in
the module.
This part includes an activity that aims to
What I Know check what you already know about the
lesson to take. If you get all the answers
correct (100%), you may decide to skip this
module.
This is a brief drill or review to help you link
What’s In the current lesson with the previous one.

In this portion, the new lesson will be

What’s New introduced to you in various ways such as a
story, a song, a poem, a problem opener, an
activity or a situation.
This section provides a brief discussion of
What is It the lesson. This aims to help you discover
and understand new concepts and skills.
This comprises activities for independent
What’s More practice to solidify your understanding and
skills of the topic. You may check the
answers to the exercises using the Answer
Key at the end of the module.
This includes questions or blank
What I Have Learned sentences/paragraphs to be filled in to
process what you learned from the lesson.
This section provides an activity which will
What I Can Do help you transfer your new knowledge or
skill into real life situations or concerns.
This is a task which aims to evaluate your
Assessment level of mastery in achieving the learning
competency.
In this portion, another activity will be given
Additional Activities to you to enrich your knowledge or skill of
the lesson learned. This also tends to
retention of learned concepts.
This contains answers to all activities in the
Answer Key module.

At the end of this module you will also find:

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 References This is a list of all sources used in
developing this module.

The following are some reminders in using this module:

1. Use the module with care. Do not put unnecessary mark/s on any part of
the module. Use a separate sheet of paper in answering the exercises.
2. Don’t forget to answer What I Know before moving on to the other activities
included in the module.
3. Read the instructions carefully before doing each task.
4. Observe honesty and integrity in doing the tasks and checking your
answers.
5. Finish the task at hand before proceeding to the next.
6. Return this module to your teacher/facilitator once you are through with it.
If you encounter any difficulty in answering the tasks in this module, do not
hesitate to consult your teacher or facilitator. Always bear in mind that you are
not alone.

We hope that through this material, you will experience meaningful learning
and gain deep understanding of the relevant competencies. You can do it!

What I Need to Know

This module is assessing, presenting, and defending the business plan that is being
develop. Criteria and Rubrics are presented. In this manner develop business plan
will be evaluated for its viability, efficacy, and effectivity of the Business Plan.

The module is divided into one lesson only, namely:

● Lesson 1 – Evaluate/assess the presented develop business plan according
to a set of Rubrics and Criteria.

After going through this module, you are expected to:

1. Evaluate a business plan
2. Know the rubrics and criteria in evaluating a business plan.
3. Understand the flow of evaluating a business plan
4. Defend the business plan presented.

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 What I Know

Directions: Choose the letter of the best answer. Write the chosen letter on a
separate sheet of paper.

1. It is important to evaluate a Business plan because_____?

a. We will know that the business is viable.
b. It will help us understand our own business plan activity.
c. To make sure that the develop business plan will be a success in the
future operation.
d. All of these
2. It is a scoring guide/tool used in evaluating performances such as subjective
assessments.
a. Grade
b. Criteria
c. rubrics
d. assessment tool
3. It means assessment of completed work according to a set of criteria.
a. Analysis
b. Evaluation
c. Study
d. Planning
4. It is the set of ideas and requirements that something to judge the basis for
assessment.
a. Grade
b. Criteria
c. rubrics
d. assessment tool
5. These are the ways to present a Business Plan except.
a. Present first the executive summary of the business. It must be brief and
concise, and all the details of the business are mentioned.
b. Target investors, financial sponsors and others must be tap first and
include it in the presentation.
c.Make a good impression. Catch the attention of the listener/audience.
d.The financial stability and problems statement must not be mentioned.

Lesson Entrepreneurship:
Evaluating the Business
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 1 Plan
This lesson is all about evaluating a business plan. It includes how and what are
the steps and what to consider in evaluating a business plan. Advantages of having
rubrics to really assess each parts of the business plan are very well written and
plan according to the set criteria.

What’s In

It is better for you to know how to evaluate a business plan so that it is easier for
you to identify the errors of each parts and to change, rephrase, innovate, and
enhance ideas and concept of the business plan.

What’s New

Evaluate the Business plan Defined

Evaluate a business plan means assessing the whole document of the business
plan. The 10 mains parts must be check or review based on the criteria of the
rubrics created. The purpose of assessing/evaluating the business plan is to see to
it that the company’s goals, objective are attained, and to uncover the critical areas
of the business to improve business performance strategically.

The effectivity and viability of the business plan is the potential assets and values
of the business. The success of the business lies on the creation and development
of the business plan evaluation.

WORDS TO STUDY.

Table 1. Keywords in entrepreneurship

Word Definition
Evaluation means assessment of completed work according to a
set of criteria
Rubric is a scoring guide used in subjective assessments.

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 Criteria It is the set of ideas and requirements that
something to judge the basis for assessment.

Business plan means any plan that works for a business to look
ahead.

What is It

Evaluating a Business Plan

How to Evaluate a Business Plan:
1.Rubrics must be created.
2.Criterias to be assess must be defined and listed in the rubrics. It will be for oral
and written assessment.
3.Review each parts of the business plan. See to it that all criteria’s must be listed
so that nothing will be missing.
4.Select the rubrics for each criteria listed based on the parts of the business plan.

Business Plan Oral Presentation Rubric

Business Name: ______________________________________ Section: ________________
Student’s name: _______________________________________School: _________________

Category 4 3 2 1 Points
Executive All required All required The executive The required
Summary/Overview of aspects of the aspects of the summary is aspects of
the Business executive executive interesting but the executive
summary are summary are some required summary are
included and included information is not included
grasps the missing and does not
evaluator's grasp the
attention reader's
attention
Problem/Product/Service Covers Includes Includes Content is
Description product/service essential information minimal or
description with knowledge about the incomplete
great detail about the product/service
product/service but not
completely
Marketing Plan/ Marketing Almost all the Some of the Many
strategies are marketing marketing requirements

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 well presented: strategies are strategies are were not
customer well covered, the met.
demand is documented; advertising is
demonstrated, customer incomplete
and advertising demand is
is appropriate demonstrated,
and well done and advertising
is appropriate
Financial Soundness The financial The financial The financial There are
plan is excellent plan is complete plan does not several errors
and complete but not include all the or parts
presented in an required omitted in
organized information the financial
manner plan
Sustainability potential The business The business The business The business
is addressed idea clearly idea could be idea would plan did not
demonstrates sustainable, have to be address the
sustainability. requiring some modified potential for
Continuation is modifications significantly to sustainabilit
a decision to be demonstrate y
made by the sustainability
owner(s)
Creativity in Idea and The business The business The business There is little
Opportunity idea is creative, idea displays idea is not very display of
and the plan creativity with original but has creativity
demonstrates some opportunity for
clear opportunity for success
opportunity for success
success
Spelling and Punctuation There are no There is one to There are three The business
spelling or two spelling or to four spelling plan has
punctuation punctuation and many
errors in the errors in the punctuation spelling and
business plan business plan errors in the punctuation
business plan errors.
Presentation to Judges Interesting, Relatively Able to hold Presentation
well-rehearsed. interesting and attention of was not
Displayed rehearsed. judges but prepared.
complete Displayed lacked Unorganized
knowledge and knowledge and knowledge of business
confidence in confidence in business plan. plan.
product/service. product/service. Converse with Attempts to
Converse with Converse with the judges converse
the judges the judges poorly with the
excellently relatively well judges
The 10 main parts are All required All required These parts are The required
correct and complete aspects of these aspects of these interesting but aspects of
especially the Vision, parts of parts of the some required these parts
mission and values business plan business plan information is are not
statements are clear and are included are included missing included and
subjective, production and grasps the does not
and technical plan, evaluator's grasp the
organizational and attention reader's
management plan, attention
operational plan and
social impact were
correct and concise.

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How to present the business plan:
1.Present first the executive summary of the business. It must be brief and concise,
and all the details of the business are mentioned.
2.Target investors, financial sponsors and others must be tap first and include it in
the presentation.
3.Make a good impression. Catch the attention of the listener/audience.
4.The financial stability and problems statement must be mentioned.
5.And end it with the best quotation for a success business plan.

RUBRICS FOR BUSINESS PLAN PAPER EVALUATION

Description Rubric Rating

  10 8 6 4
I. Executive Summary        

Personal Details        
A. Names & Brief Biography        
B. Name of Adviser/s & Brief Biography        
II.Overview of the Business        
A. Name of the Business        
B. Description of the Business Model        
C. Statement of Vision, Mission, and Values        
Business Plan Proper        
III. The Problem/Need        
A. Description of the exact problem/need        
addressed        
B. Reasons/rationale why the problem/ need        
must be addressed by the business        
C. Descriptions on how the business has        
solved the problem/need        
IV. Statement of Vision, Mission, and Values        
A. Vision        
Description/statement of what the proponent        
sees if the problem/ need is solved.        
B. Mission        
Clear description of goals and objectives that        
present practical steps to achieve the vision.        
C. Clear statement of values critical to the        
culture, integrity and activities of the business        
V. The Marketing Plan        
A. Research & Analysis        
1. Description of the Target Market        
2. Market Size        

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 3. Competition/Market Share        
4. Market Trends        
B. Marketing Strategies        
1. How the product/service be introduced        
in the market?        
2. How will the customers be reached and        
served?        
3. How will the investors be served?        
4. Description of the business ownership,        
roles of the partners.        
5. Value Added Features        
6. Location of the business        
VI. Production and Technical Plan        
A. Detailed description of products/services        
B. Operating Strategies        
1. Description/Illustration of production
model        
2. Detailed description of raw material,        
suppliers, transportation needed and        
how these will be accessed.        
3. Details/data presented on how the        
Products/services will be further        
developed, and the help needed and the        
agency or company who can do it.        
C. Critical Risks        
a. Data on existing competitors        
b. Statement on how the proposed business        
is different from the others        
c. Description/Illustration of the proposed        
business' competitive strategy        
d. Partners are identified, their roles, and
added value to maximize impact.
e. Detailed description of the risks and        
opportunities (SWOT Analysis)        
f. Description on how the business would        
capitalize to prevent the risks.        
VII. Organizational/Management Plan        
A. Members of the team        
B. Team's contribution to the business        
C. Others who can be part of the team        
VIII. Operational Plan        
A. Detailed description on how the business will        
be implemented.        
a. Assignment of tasks        
b. Schedules of deliverables        
c. Data of necessary resources        
d. Description/Illustration of operational
model and workflow        

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 f. Description of business back progress and        
division of works        
g. Data on estimates of the business
operations        
B. Monitoring and Evaluation        
a. Statement of outcome the business will        
achieve based on targets        
b. Descriptions/Illustrations on how you will        
monitor achievement        
c. Statement of performance targets        
d. Time line on when the targets will be
achieved        
Sustainability        
IX. Financial Plan        
(This includes strategies for fund raising.)        
A. Soundness of the average investment needed        
B. Data/Schedule of the specific investments        
needed in 1 - 2 years        
C. Percentage share on investments/capital of        
each member of the proponents        
D. Detailed description on how funds will be
raised to start the business        
E. Data/Statement on how many years the        
business will earn profit        
X. Social Impact        
A. Statement of the business' long-term desired        
outcomes        
B. Statement of the social impact generated from        
each of the business activities        
C. Statement/data on the benefit and impact of
the business to the community        

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 WHAT’S MORE

Activity 1.1 Answer the following questions.

How to evaluate the business plan:

1.
2.
3.
4.
5.

What I Have Learned

Ways to evaluate the Business Plan

1.Rubrics must be created.
2.Criterias to be assess must be defined and listed in the rubrics. It will be for oral
and written assessment.
3.Review each parts of the business plan. See to it that all criteria’s must be listed
so that nothing will be missing.
4.Select the rubrics for each criterion listed based on the parts of the business
plan.

What I Can Do

As an entrepreneur it is important that the business plan you develop must be

evaluated or assess so that we will know if the business plan is viable/effective. An
effective business plan is the key to a successful business we venture in the future.
Rubrics serves as our guide in evaluating a business plan.

12
 Assessment

Directions: Read the questions carefully and answer. Choose the letter of the best
Answer.
1. The rubrics for evaluating the executive summary of the paper Business plan
are?
A. Personal Details (Names & Brief Biography, Name of Adviser/s & Brief Biography
Monthly expense) C. Description of the Target
Market
B. need/problem and how it is being solved D. Monthly Projected cost revenue
2. The rubric for evaluating the Financial Plan of the paper business plan.
A. Soundness of the average investment needed
B. Data/Schedule of the specific investments
needed in 1 - 2 years
C. Percentage share on investments/capital of each member of the proponents,
Detailed description on how funds will be raised to start the business,
Data/Statement on how many years the
business will earn profit.
D. All of these
3. These are the rubrics for evaluating the operational plan of the paper business
plan on the Detailed description on how the business will be implemented except?
A. Descriptions/Illustrations on how you will monitor achievement
B. Assignment of tasks
C.Schedules of deliverables
D.Data of necessary resources
4. The rubrics for evaluating the organizational plan of the paper business plan
except?
A. Members of the team
B. Team's contribution to the business
C. Others who can be part of the team
D. Description/Illustration of operational model and workflow
5. The rubrics for evaluating the marketing plan of the paper business plan under
the marketing strategies.
A.How the product/service be introduced in the market?
B.How will the customers be reached and served?
C.How will the investors be served? And the description of the business ownership,
roles of the partners.
D.All of these

Additional Activities

ACTIVITY: Make a sample rubric on evaluating on how to present a business

plan. Criteria must be clear and achievable/realistic.Atleast 5 categories.

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 Business Plan Oral Presentation Rubric
Business Name: ______________________________________ Section: ________________
Student’s name: _______________________________________School: _________________

Category 4 3 2 1 Points

Answer Key

Assessment What's More What I Know

1.Rubrics must be created.
A D
D C
A B
D B
D D

References

Asuncion, Jr. Ramon G.; et.al.; Entrepreneurship: Abiba Publishing House,

INC: Copyright 1992.

Leuterio, Florida C.; Technology and Livelihood Education for Sustainable

Development: St. Augustine Publications, Inc.: Don Quijote St.,
Sampaloc, Manila Philippine Copyright 2005.

Principe, June B. et.al.; Technology and Home Economics for Secondary

Schools Fourth Year: FNB Educational, Inc.: #2 Uranus St., Corner
Jupiter Street, Congressional Subdivision, Project 6, Quezon City.
2000

Suratos, Cesar P. and J. S. Simpliciano; Technology and Livelihood

Education II: Latest Edition, St. Bernadette Publications, Inc.:
Cubao, Quezon City 2006

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 Technology and Home Economics III. Business Technology, Business
Management I. Experimental Education, 1993.

http://www.isquare.com/qualities.cfm

http: www.wikieducator.org/VUSSC/Content/Entrepreneurship/Starting-
Up-a- ` Business/Objective

https://www.google.com/search?
q=CONDUCTING+A+MARKET+SURVEY&authuser=1&source=lnms&tbm=isc
h&sa=X&ved=2ahUKEwj1z8aK9e_uAhWMwJQKHcSOC6YQ_AUoAXoECBgQ
Aw&biw=1707&bih=781#imgrc=90icmMKCeIHQ0M

https://www.google.com/search?
q=SELECTING+BUSINESS+LOCATION&tbm=isch&ved=2ahUKEwitiNWX9e_
uAhUO6pQKHWFJCzAQ2-
cCegQIABAA&oq=SELECTING+BUSINESS+LOCATION&gs_lcp=CgNpbWcQA
zIECAAQGDIECAAQGDoECAAQQzoFCAAQsQM6AggAOggIABCxAxCDAToHC
AAQsQMQQzoGCAAQBRAeOgYIABAIEB5QseQSWNSpE2DPrRNoAHAAeASA
AZkCiAG8HpIBBjAuMzEuMZgBAKABAaoBC2d3cy13aXotaW1nsAEAwAEB&
sclient=img&ei=KoUsYK3LJI7U0wThkq2AAw&authuser=1&bih=781&biw=17
07#imgrc=-dHuhocYVKfF6M

https://www.google.com/search?
q=EVALUATING+RESOURCES&tbm=isch&ved=2ahUKEwjuvbC29u_uAhUIQ
PUHHezbC-QQ2-
cCegQIABAA&oq=EVALUATING+RESOURCES&gs_lcp=CgNpbWcQAzICCAAy
BggAEAUQHjIGCAAQCBAeMgYIABAIEB4yBggAEAgQHjIGCAAQCBAeMgQIA
BAYMgYIABAKEBgyBAgAEBgyBggAEAoQGDoFCAAQsQM6BAgAEEM6CAgA
ELEDEIMBOgcIABCxAxBDUIDEClic_wpg6YcLaABwAHgEgAHhAYgBtxeSAQ
YxLjI0LjGYAQCgAQGqAQtnd3Mtd2l6LWltZ7ABAMABAQ&sclient=img&ei=d4
YsYK6mG4iA1e8P7LevoA4&authuser=1&bih=781&biw=1707#imgrc=CegIM
NHj0hQDLM

https://www.google.com/search?
q=MAKING+PRODUCTION+PLAN&tbm=isch&chips=q:making+production+pl
an,online_chips:animation&authuser=1&hl=en&sa=X&ved=2ahUKEwjHo6S
99-
_uAhW3w4sBHb7LBOkQ4lYoBHoECAEQHg&biw=1686&bih=710#imgrc=6u
ZX0tr68guUxM&imgdii=yO-53M4Q4yZdBM

https://www.google.com/search?
q=MAKING+ORGANIZATIONAL+PLAN&tbm=isch&hl=en&chips=q:making+or
ganizational+plan,online_chips:design&authuser=1&sa=X&ved=2ahUKEwj_x
bug-
O_uAhVdR5QKHaFaCKAQ4lYoB3oECAEQIQ&biw=1686&bih=710#imgrc=VI
0aUSEgY8cNOM

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https://www.google.com/search?
q=MAKING+MANAGEMENT+PLAN+DESIGN&tbm=isch&ved=2ahUKEwj0_p7
o-O_uAhVjQPUHHfn7AkcQ2-
cCegQIABAA&oq=MAKING+MANAGEMENT+PLAN+DESIGN&gs_lcp=CgNpb
WcQAzoGCAAQCBAeUKqxCliHwAtgg8QLaABwAHgAgAF0iAHUApIBAzAuM5g
BAKABAaoBC2d3cy13aXotaW1nwAEB&sclient=img&ei=-IgsYPSiNuOA1e8P-
feLuAQ&authuser=1&bih=710&biw=1686&hl=en#imgrc=yyFJfYZVeg5_BM

https://www.google.com/search?
q=MAKING+financial+PLAN+&tbm=isch&ved=2ahUKEwjn1vrn-
e_uAhWSA94KHVw6D7gQ2-
cCegQIABAA&oq=MAKING+financial+PLAN+&gs_lcp=CgNpbWcQAzIGCAAQC
BAeUJmkAVifqwFg8r4BaABwAHgAgAH1AYgBugeSAQUwLjUuMZgBAKABAa
oBC2d3cy13aXotaW1nwAEB&sclient=img&ei=BIosYOfELJKHAbc9LzACw&a
uthuser=1&bih=710&biw=1686&hl=en#imgrc=vRiFsFYWFXB6zM

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