Business Expenses and Saving Training Learnshop

Skills Development Learnshops within a business entity plays an essential part in the
growth of its employees, which are important in helping them actualize their goals specifically in
managing business expenses and savings. One of the most essential tools of a having a successful
business is composed of employees that are skilled and well equipped with knowledge on how to
operate a business. However, not all are knowledgeable and skilled of how to manage business
expenses and saving
With this, the workshop serves as a training instrument suited for the micro-enterprises. It will
help the participants to experience and to learn how businesses operate in real life. The training
workshop aims to teach basic business skills through series of activities that will give knowledge
and understanding about managing business expenses and savings. This will help to cater the
need of every participant in terms of proper way of operating business

Objectives:
1. To help the participants to be knowledgeable in managing business expenses and savings
2. To make sure that the participants to polish their skills in operating a business
3. To unleash the participant’s potential in business decision making

Module 1. Introducing the Basic Business Cycle

The module is designed to enable participants to learn:
- What is a business?
- What are the types of business?
- What is the basic business cycle?
- How to calculate start-up expenses?
- What is sales forecast?
- How to maintain a positive cash flow?
- How to make a financial projection?
In this module, the participants will be given a tasks on managing a business. They will be
working on the business activities, such as planning, family spending, buying for business,
making the product and selling. This will enhance their planning skills and how are they going to take
actions on different circumstances that might happen in a business.

Module 2. Understanding Demand and Supply

This module is designed to enable participants to learn about:
 - What is the interaction of supply and how demand determines price?
- What is the market equilibrium?
- What happens to price when there is a surplus or shortage in the market?
- demonstrate how changes in the determinants of supply and demand affect the
equilibrium price and quantity of a good or service.
- record-keeping to help financial planning and keeping track of credit sales.
- business planning to maintain a positive cash flow and manage credit.
In this module, the participants will be divided in two teams, they will be portraying as a
manufacturing/processing businesses competing with each other and one team becomes a retailer
competing with another store ("managed" by one facilitator). This will help them understand and
to experience how competition works in a business and how it affects the demand and supply
which contributes to the performance of a business.

MODULE 3: Reaching Your Customer and Improving Your Business

This module is designed to expose entrepreneurs to a wider range of real-life business

management situations. In this module, two teams run manufacturing/processing businesses and
one team runs a retailing business. The manufacturers make two products. The retailer can reach
the market by using 4Ps (price, product, place & promotion) and plans accordingly. The
manufacturer teams negotiate orders and prices with the retailer. All three teams are dependent
on each other for the success of their business just as in real life.