Entrepreneurship

Quarter 1 – Module 5

What’s More
Activity 2: Evaluating Viability of Ideas

Nature of Business Selling cookies online

Business Viability Checklist /
1. Uniqueness of the proposed business venture /
2. There is enough fund to finance the proposed business venture /
3. Target customers were already identified /
4. Presence of competitors and advantage over them is identified /
5. Economic status of consumers were also considered /
6. The proposed venture is in time for the season /
7. Marketing strategies are planned proactively prior to the business operation /
8. Financial plan is established ahead before the business operation /
9. Legal aspects and feasibility study is conducted before the business venture
starts

Nature of Business Washable Face Mask

Business Viability Checklist /
1. Uniqueness of the proposed business venture
2. There is enough fund to finance the proposed business venture
3. Target customers were already identified /
4. Presence of competitors and advantage over them is identified /
5. Economic status of consumers were also considered /
6. The proposed venture is in time for the season /
7. Marketing strategies are planned proactively prior to the business operation
8. Financial plan is established ahead before the business operation /
9. Legal aspects and feasibility study is conducted before the business venture /
starts
Nature of Business E-Loading Services
Business Viability Checklist /
1. Uniqueness of the proposed business venture
2. There is enough fund to finance the proposed business venture /
3. Target customers were already identified /
4. Presence of competitors and advantage over them is identified
5. Economic status of consumers were also considered /
6. The proposed venture is in time for the season /
7. Marketing strategies are planned proactively prior to the business operation
8. Financial plan is established ahead before the business operation
9. Legal aspects and feasibility study is conducted before the business venture
starts

What’s New
Activity 3: What’s in the word?

PROFITABILITY

Savings Expenses

Money Financial
Investment

1. How do you find the activity?

 The activity is exciting.

2. What do you think is the connection of those words you identified in

concept map to the guessed word?
 Those are the words commonly used when it comes to gaining
profit and how you gain profit from business activity.

3. In your own understanding, how do you measure profitability?

 Return on assets and return on investments
 Evaluate your business needs
What’s More
Activity 4 – Am I Earning?

Net Sales Net Income/

Year Cost of Goods (Gross sales – Operating Net Profit
Gross Sales
2019 Sold Cost of Good Expenses (Net Sales –
Sold) Operating Expenses)
1st Qtr 230,000.00 93,500.00 136,500.00 35,000.00 101,500.00
2nd Qtr 190,000.00 88,000.00 102,000.00 35,500.00 66,500.00
3rd Qtr 200,000.00 90,500.00 109,500.00 36,000.00 73,500.00
4th Qtr 110,000.00 80,000.00 30,000.00 30,000.00 0

Total 730,000.00 352,000.00 378,000.00 136,500.00 241,500.00

Questions
1. What is the rate of Return of Investment? Show your solution
on the space provided.

Net Income∨Profit
 Return on Investment =
Cost of Investment ∨Capital
241,500.00
= X 100%
352,000.00
= 69%

2. In what quarter did the company experience break-even? Why

is it called break-even point?
 4th quarter. It is called break-even point because there’s no profit
and no loss

3. Is the business of BNSF Inc. profitable?

 Yes, because it was able to have an ROI of 69%
What’s New
Activity 5 – What are my Requirements?

Product/Service Your Requirement/s

- Removes dirt and oil to have clean and healthy skin
Soap - Contains specific anti-bacterial constituents which help to kill
the bacteria and prevents bacteria reproduction on the skin
- Keeps my hair beautiful and shiny
Shampoo
- Adds fragrance to my hair stands and scalps
- Can access social networking sites with ease
Cellphone - Having the speed with which you can do tasks on a
cellphone
- Get clearer skin and more refined pores
Masks
- Deep cleanses the pores
- Relaxing
Movie
- Inspires and motivates me
- Convenient
Bus ride - Comfortable
- Inexpensive

1. What do you consider in identifying your requirement/s for

you to buy/avail the product/service you want?
 I considered my comfort and safety in using the product/service and
also what benefit I could get

2. As a customer, why is it that we set requirement/s for us to

buy/avail the product/service we need?
 We set requirements for us ensure our safety and the quality of the
product

3. As a business owner, why do we need to understand and be

aware of the requirement/s of our customers?
  A business owner who knows his client’s wants and what they expect can
also work on customizing the customer experience to create loyalty and
repeat business.

What’s More
Activity 6 – Meeting Halfway!

Original Proposal from Module 4

Proposed Remarks for
Customer
Business Features/Benefits Improvement and
Requirement/s
Venture Suggestions
- Relieves stress
Sell Cookies - Add more butter
- Satisfies your cravings - Toppings
Online - Lessen the sugar
- Satisfies your hunger

Additional Proposals
Proposed Remarks for
Customer
Business Features/Benefits Improvement and
Requirement/s
Venture Suggestions
- Convenient
Washable - Try to use pastel
- Protects you from virus - Will not
Face Mask colors
suffocate you

Proposed Remarks for

Customer
Business Features/Benefits Improvement and
Requirement/s
Venture Suggestions
E-Loading - Helps you communicate - Good services - Lessen your
Services with your family, friends, - Fast loading charges
or someone you need to
talk to
- Enables you to attend
online class if you have
 no Wifi in your house

What I Have Learned

1. For the business venture to become viable it should
 have the ability to survive and grow in marketplace. Viability of the
business is likewise measured by its long-term survival and its
ability to sustain profits and continue doing business over a period
of time.

2. Profitability of the business venture can be measured through

 Payback period, Return of Investment (ROI), and Return on Sales
(ROS)

3. In considering customer requirement for the business venture

it will lead to
 success because customer keeps coming back for your product
and they will be satisfied.

What I Can Do
Activity 7 – Am I Doing It Right?

Proposed Business
Venture
Viability
Viability Factor /
Uniqueness /
Instructions: Put a check Financing /
Customer /
mark on the factors that are Competition /
present to your proposed Economic Mood
Timing /
business venture. Marketing /
Feasibility /
Profitability Net Income∨Profit
Return on Investment =
Cost of Investment ∨Capital

Instructions: Compute for 2,960

= X 100%
possible profits for its first 5,000
month of operation. Use
= 59%
estimated amounts.
Customer Requirements

Instructions: Based on the

result in Activity 6, kindly
- I will allow pre-order and ask my customer if
indicate in the space
s/he wanted to add toppings.
provided your plan/s on the
suggested improvement of
your customers.

Assessment
1. False 6. True 11. True
2. True 7. True 12. False
3. True 8. False 13. False
4. True 9. False 14. True
5. True 10. False 15. True