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    Santos Mark Harry P.
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    The document contains an activity for a student named Mark Harry Parungao Santos for his BS in Entrepreneurship course. It asks him to answer questions about small businesses. He defines small businesses as typically being service providers or retailers with fewer employees, capital needs, and machinery than larger companies. He gives examples like retail stores, bakeries, wedding planners, food catering, and boutiques. Common reasons for small business failure include poor cash flow management, lack of performance monitoring, and not understanding information gathered. Limited access to capital can contribute to failure but alternatives include exploring grants, loans, or crowdfunding. To manage a business nearing collapse, address issues like leaked information, bitterness

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    Activity-4

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    The document contains an activity for a student named Mark Harry Parungao Santos for his BS in Entrepreneurship course. It asks him to answer questions about small businesses. He defines small businesses as typically being service providers or retailers with fewer employees, capital needs, and machinery than larger companies. He gives examples like retail stores, bakeries, wedding planners, food catering, and boutiques. Common reasons for small business failure include poor cash flow management, lack of performance monitoring, and not understanding information gathered. Limited access to capital can contribute to failure but alternatives include exploring grants, loans, or crowdfunding. To manage a business nearing collapse, address issues like leaked information, bitterness

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    5 views2 pages

    Activity 4

    Uploaded by

    Santos Mark Harry P.
    The document contains an activity for a student named Mark Harry Parungao Santos for his BS in Entrepreneurship course. It asks him to answer questions about small businesses. He defines small businesses as typically being service providers or retailers with fewer employees, capital needs, and machinery than larger companies. He gives examples like retail stores, bakeries, wedding planners, food catering, and boutiques. Common reasons for small business failure include poor cash flow management, lack of performance monitoring, and not understanding information gathered. Limited access to capital can contribute to failure but alternatives include exploring grants, loans, or crowdfunding. To manage a business nearing collapse, address issues like leaked information, bitterness

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Republic of the Philippines

    GAPAN CITY COLLEGE


    City Hall Compound, Bayanihan, Gapan City, Nueva Ecija

    ENTREP 3: OPPORTUNITY SEEKING


    ACTIVITY 4

    Name: MARK HARRY PARUNGAO SANTOS Score:___


    Course, Year & Sec.: BS-ENTREP 2J Date: ____________

    Give your ideas about this question.

    1. What is small business?


    - Small businesses are typically either suppliers of services or
    retail establishments including pharmacies, grocery stores,
    dental facilities, handymen,bakeries,and micro- manufacturing
    enterprises. Small firms are privately held companies with fewer
    staffing, capital, and worker needs, as well as little to no
    machinery.

    2. Give 5 examples of small business.

    - 1. Retail Store
    - 2. Bakery
    - 3. Event/ Wedding Planner
    - 4. Food Catering Business
    - 5. Boutique

    3. What are the most common reasons small business fail?


    - These are the most frequent causes of business inadequate
    performance low productivity, low earnings or failure
    bankruptcy, failing to exist Poor cash flow management.
    Performance monitoring is not present. failure to understand or
    apply information gathered through performance monitoring.

    4. How does limited access to capital and funding contribute to the


    failure of small business, and what alternatives can small business
    owners explore to secure necessary financial resources?
    - Businesses are going to discover it challenging to increase
    operations, invest in novel innovations, and identify additional
    staff.

    5. How do you manage a business that is about to collapse?


    Ex. Cafeteria, Mini Restaurant
    Republic of the Philippines
    GAPAN CITY COLLEGE
    City Hall Compound, Bayanihan, Gapan City, Nueva Ecija

    - Kahit Ano Canteen


    Enterprises could collapse because one of the staff members
    leaked information about the business, had bitterness towards a
    superior, or lacked staff promotions, products, ideas, or
    marketing of goods that lead to bankruptcies.

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