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TVE-

ENTREPRENEURSHIP 3
Quarter 3 – Module 2:
TYPES OF BUSINESS PLAN
(Week 4-6)
What I Need to Know

This module was written for you to be knowledgeable of the different types of
business plan. Each type is related from each other. It is a steppingstone in
venturing a business. These serves as a guide also in managing and starting your
own business.

The module is only lessons, namely:


● Lesson 1 – Determine the Types of Business Plan

After going through this module, you are expected to:


1. determine the components of a business plan;
2. enumerate the different types of business plan;
3. identify the types of business plan;
4. explain the different types of business plan.

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What I Know

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

Please do not forget to write the following in your answer sheet:


Name: _______________________________ Yr. & Section: ____________________
Yr. Level & Subject (Specialization): _________ Module No: ________________
Name of the Activity (e.g., What I know) _______________ Date: ____________

1. The component of a business plan which identifies the available raw


materials in your community.
A. Environment
B. Organizational Plan
C. Location of The Business
D. Behavior of The Product
2. Why is an organizational plan needed in planning a business?
A. To find out what products and services are available and which of
these can be improved
B. To coordinate the activities of the work force towards the company’s
goals
C. To determine the needs of the community
D. To identify the market trends in the community
3. It is the process of setting up goals for a business endeavor and taking up
steps to achieve these.
A. Business Planning
B. Business Expertise
C. Business Operation
D. Business Enterprise
4. The component of a business plan which identifies the available raw
materials in your community.
A. Environment
B. Organizational Plan
C. Location of The Business
D. Behavior of The Product
5. There are several factors to consider in selecting the location of your
business. Which of these factors is not included?
A. Behavior of the product
B. The quality of the product
C. The cost and availability of land
D. The availability of transportation facilities, communication, water,
electricity, and labor.
6.The definition of a Feasibility Study is_____________________________?
A. Is a constituent part of the business plan.
B. Deals with the introduction statement of the problem

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C. Deals with the selling and buying activities of the business.
D. Is an analysis and evaluation of a proposed project to determine its
profitability.
7. How many parts does the concept paper have?
A. 2
B. 3
C. 4
D. 5
8. This is measured by economic benefits to the people living in the
community and its vicinities?
A. Financial Study
B. Technical Study
C. Marketing Study
D. Social Desirability
9. This part is very important because it helps to improve the project in the
future?
A. Objectives
B. Introduction
C. Recommendation
D. Terms and Condition
10. This involves the manpower, money, machinery, materials, and
methods
to be able to produce the desired output based on anticipated profit?
A. Financial Plan
B. Production Plan
C. Management Plan
D. Organizational Plan

Lesson Entrepreneurship:
Determine the types of
Business Plan

This lesson talks about determining the different types of business plan.
These are all essential in planning a business. As an entrepreneur to be it is
best for you to know what business plan you are going to make. It depends
on whatever type of business you are going to venture in the future.

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What’s In

It is better for you to know and determine the different types of business
plan. For you to in line what business plan to be applicable and effective
and somewhat related to your business. It is easier to plot a business plan if
you know each types of business plan and what are the components of each
type of business plan.

What’s New

Type of Business Plan Defined

Type of business plan are the planning guide in starting your own business.
These are simple types to choose that in line with your own business ideas
and concepts.

In business as a young entrepreneur or an entrepreneur to be it is better to


choose and to try not all but at least two or more types of business plan that
is in line with your business ideas anyway all these types are very helpful in
starting and managing your own business in the future.

Words to Study.

Table 1. Keywords in entrepreneurship

Word Definition
Component is a constituent part of the business plan.

Feasibility study is an analysis and evaluation of a proposed


project to determine its profitability.
Marketing deals with the selling and buying activities
of the business.

Project summary deals with the introduction statement of the


problem

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What is It

TYPES OF BUSINESS PLAN


After having learned about the importance of business planning, you
must know the different types of business plan.

1. Feasibility study
– It is created to minimize risk and to ascertain the viability of a
project.
- It is not merely an investigation but a framework on how the
operation of a business project shall be accomplished.
- It is used to determine the potential success of a proposed
business venture.

A feasibility study has a project summary which deals with the


introductory statement of the problem, the business name, the business
logo, the business location, descriptive definition of the project and
objectives.

A feasibility study contains five major components, namely:

Marketing study The sufficient demands for the product as


well as the competitive position of the firm
in the industry must be determined.

Technical study In this study, you must consider the


manufacturing process, plant size,
production schedule, machinery, plant
location and layout structure, raw
materials, utilities and waste disposal.

Management study This involves on how the project shall be


managed such as the business
organization including the organization
chart and function of each unit
management personnel, skills and
numbers of labor required.
Financial study You should include the assessment of total
capital requirements break-even outputs,
sales and prices, amount of sales required
to earn a certain amount of profit and the
cash payback period.

Social desirability This is measured by economic benefits to


the people living in the community and its

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vicinities
.

2. Concept Paper

It is a written plan for a business on how it will be


managed. It is a tool to represent a certain venture anticipating
its future.

The different parts of the concept paper are the following:

Introduction This is the part that discusses the


significant details of the
product/service and why the
product/service is needed by the
community.
Objectives This part gives the details of the
business both specific and general.
Rationale This part focuses on the advantages of
putting a certain business.
Terms & conditions In this part, specific agreement from
particular to general things are
clarified.
Recommendations This part is very important because it
helps to improve the project in the
future.

3. Business Plan

A business plan describes the nature of the business, the sales and
marketing strategy, the financial background, containing a projected
profit and loss statement.

Components of Business Plan:

The environment The needs of the people in the


community should be identified.
Behavior of the product You should know the market trends,
product demand in the community,
the resources, quantity, and quality
goods in buying,
Location of the business You should consider the place where
customers prefer to buy.
Organizational plan The needed workers in the business
must be listed in the organizational
chart.
Production plan This involves the manpower, money,
machinery, materials, and methods
to be able to produce the desired

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output based on anticipated profit.
Financial plan You as an entrepreneur need to
determine the fiscal needs of the
business and the sources of needed
funds.

4. Project Proposal
This is the initial document that converts an idea or policy into
the details of a potential project.

The Essential Parts of a Business Proposal.

Executive Summary The overview of the proposal from


beginning to end should be stated in the
project proposal.
Justification This emphasizes the need of the
proposal.
Procedure The steps are being explained where to
start and to end.
Objectives The goals or targets of the business are
defined.
Project Organization and The manpower and function of each are
Management clearly stated.
Budget You should determine the source for the
input and output, the profits, and the
loss of the business

For sample Feasibility Study please refer to the link below:


https://www.slideshare.net/sakurashu28/feasibility-study-28843825
For sample Concept paper please refer to the link below:
https://www.scribd.com/document/453182318/CONCEPT-PAPER-
SAMPLE
For sample Project Proposal please refer to the link below:
https://www.sampletemplates.com/business-templates/proposal/project-
proposal-example.html
For sample Business plan please refer to the link below:
https://www.bplans.com/sample-business-plans/?
_ga=2.242660930.1578948078.1628903857-2027715641.1620170023

For further understanding of the lesson, you can watch videos on samples of
the different types of the business plans on YouTube and search on google.

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What’s More

Please do not forget to write the following in your answer sheet:


Name: _______________________________________Gr. & Section: ____________-
___
Yr. Level & Subject (Specialization): ___________ Module No:
_________________
Name of the Activity (e.g., What I know) ____________________ Date:
___________

Activity 1: Guess what!

Direction: List down the types of business plan and explain each.20Points

TYPES OF BUSINESS PLAN

1.
2.
___________
___________ 3.
___________
___________
___________
___________ 4.
___________ ___________
___________ ___________ ___________
___________ ___________ ___________
___________ ___________
___________ ___________ ___________
___________ ___________
___________ ___________
___________
___________ ___________
___________ ___________
___________
___________

What I Have Learned

1. There are four 4 types of business plan namely: Feasibility Study,


Concept Paper, Project Proposal and Business Plan.
2. Feasibility study is an analysis and evaluation of a proposed project
to determine its profitability.

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3. Concept paper is a written plan for a business on how it will be
managed. It is a tool to represent a certain venture anticipating its
future.
4. Project Proposal is the initial document that converts an idea or policy
into the details of a potential project.
5. Business Plan describes the nature of the business, the sales and
marketing strategy, the financial background, containing a projected
profit and loss statement.

What I Can Do

A business plan unifies the different parts and activities of the business to
achieve its goals and objectives.
Please do not forget to write the following in your answer sheet:
Name: _______________________________________Gr. & Section: ____________-
___
Yr. Level & Subject (Specialization): ___________ Module No:
_________________
Name of the Activity (e.g., What I know) ____________________ Date:
___________

Activity 2: Write it on!

Direction: Enumerate the components of each type of business


plan.20Points

CONCEPT PROJECT FEASIBILITY BUSINESS PLAN


PAPER PROPOSAL STUDY

1. 1. 1. 1.

2. 2. 2. 2.

3. 3. 3. 3.

4. 4. 4. 4.

5. 5. 5. 5.

6. 6.

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Assessment

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

Please do not forget to write the following in your answer sheet:


Name: _______________________________ Gr. & Section: ____________________
Yr. Level & Subject (Specialization): _________ Module No: ________________
Name of the Activity (e.g., What I know) _______________ Date: ____________

1. It is created to minimize risk and to ascertain the viability of a project.


A. Business Plan
B. Concept Paper
C. Project Proposal
D. Feasibility Study
2.It is the initial document that converts an idea or policy into the details of
a potential project
A. Business Plan
B. Concept Paper
C. Project Proposal
D. Feasibility Study
3. You should include the assessment of total capital requirements break-
even outputs, sales and prices, number of sales required to earn a
certain amount of profit and the cash payback period.
A. Financial Study
B. Technical Study
C. Marketing Study
D. Social Desirability
4.It is a written plan for a business on how it will be managed. It is a tool to
represent a certain venture anticipating its future.
A. Business Plan
B. Concept Paper
C. Project Proposal
D. Feasibility Study
5.The types of Business Plan.

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A. Business plan, concept paper, objectives, production plan
B. Business plan, financial study, marketing study, technical study
C. Business plan, concept paper, feasibility study, project proposal
D. Business plan, financial study, management study, marketing
study
6. This emphasizes the need of the proposal.
A. Budget
B. Rationale
C. Objectives
D. Justification
7. You should determine the source for the input and output, the profits,
and the loss of the business?
A. Budget
B. Rationale
C. Justification
D. Project organization and management
8. The steps are being explained where to start and to end.
A. Rationale
B. Procedure
C. Justification
D. Project organization and management
9. The overview of the proposal from beginning to end should be stated in
the project proposal?
A. Rationale
B. Procedure
C. Executive Summary
D. Project organization and management
10. The needs of the people in the community should be identified?
A. Environment
B. Organizational Plan
C. Location of The Business
D. Behavior of The Product

Additional Activities

Directions: Think of a service type of business which you feel is a good


venture to invest on. Using sample found on YouTube and google,
Conceptualize your own components of Business Plan. Fill in the data
regarding the Components of a Business Plan.50 Pints

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ENVIRONMENT:

LOCATION OF THE BUSINESS:

BEHAVIOR OF THE PRODUCT:

ORGANIZATIONAL PLAN:

FINANCIAL PLAN:

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
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

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