You are on page 1of 10

ENTREPRENEURSHIP Quarter 1- Module 1

INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE 12-STEM PASTEUR
09/23/2021

IV. PRE-TEST

1. B 2.D 3.B 4.A 5.C

ACTIVITY 1:FOUR PICS, ONE WORD!

2. dOCUMENT
1. wRITTEN

3. OPEN 4. OPERATE
ENTREPRENEURSHIP Quarter 1- Module 1

INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE 12-STEM PASTEUR
09/23/2021

6. pLAN
5.BUSINESS

A BUSINESS PLAN IS AN IMPORTANT WRITTEN DOCUMENT


THAT DESCRIBES YOUR COMPANY'S FUTURE. BEFORE
OPENING A COMPANY, YOU MUST CREATE A BUSINESS PLAN.
THE STRATEGY AND AIM OF THE BUSINESS ARE INCLUDED IN
THE PLAN.

GUIDED QUESTIONS
TO ASSESS IF THE BUSINESS WILL EXPAND, A TEST OF
POSSIBILITY AND FEASIBILITY MUST BE CONDUCTED.

A BUSINESS PLAN IS A ROAD MAP CONSISTING MOSTLY OF


STRATEGIES TO BE IMPLEMENTED IN ORDER TO HELP A
COMPANY EXPAND, WHEREAS A FEASIBILITY STUDY CONCLUDES
OR ASSISTS IN DETERMINING IF A CONCEPT OR BUSINESS IS A
SUITABLE OPTION.

THE BUSINESS PLAN SHOULD BE PREPARED BY THE


ENTREPRENEUR.
ENTREPRENEURSHIP Quarter 1- Module 1

INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE 12-STEM PASTEUR
09/23/2021

PRACTICE TASK 1 - WHO’S WHO? ENTREPRENEUR X OR Y?

I WANTED TO BE ENTREPRENEUR Y BECAUSE I THINK THAT


PLANNING IS ESSENTIAL BEFORE STARTING A BUSINESS. THE
BUSINESS PLAN IS A ROAD MAP THAT INCLUDES STRATEGIC
IDEAS THAT WILL AID IN THE GROWTH OF YOUR COMPANY.

ENTREPRENEUR X OPENED A COFFEE SHOP RIGHT AWAY,


WITHOUT FIRST PREPARING AND EVALUATING THE
MARKETPLACE, THE POSSIBILITY OF THE BUSINESS GROWING
REMAINS UNCERTAIN WHILE ENTREPRENEUR Y PLANNED
BEFOREHAND AND GATHERED INFORMATION BEFORE STARTING A
BUSINESS,THIS WILL ASSIST HIM IN DETERMINING WHICH
STRATEGY PLAN WILL EFFECTIVELY HELP HIM EXPAND HIS
BUSINESS.

FOR ENTREPRENEURS, A BUSINESS PLAN IS AN ESSENTIAL


BECAUSE IT IS A STRATEGIC TOOL THAT HELP THEM TO FOCUSE
IN PARTICULAR PROCEDURE FOR THEIR BUSINESS AND ALSO
THIS ASSIST THEM TO ACHIEVE THEIR GOALS FOR THEIR
BUSINESS.

PRACTICE TASK 2 - JUSTIFY ME.


1. True

2.False, a feasibility study must be conducted before a


business plan can be prepared.

3.False, they are almost similar, but the business plan


includes a more detailed discussion.
ENTREPRENEURSHIP Quarter 1- Module 1

INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE 12-STEM PASTEUR
09/23/2021

4.False, a business plan contains more detail


discussion than a feasibility study.
5.False, It is not one of the major parts
6.False, it is usually shown after the introduction in
the plan
7.True
8.False, they are presented separately False, the
name must include in the business plan
9. False, the name must include in the business plan
10.True

PRACTICE TASK 3 – TELL ME A STORY

My bestfriend wants to start a small business so that


she can keep busy throughout the pandemic. She
mentioned it in our group chat, and offer us to join her
and we accepted it, so we created a plan for how we
would conduct a business in this situation. The first
thing we do is plan to create a Facebook page where
we will sell handcrafted accessories, and then we
think about possible business names. We name it after
our group name, babes, and then add the craft, and
we have babescraftph.
ENTREPRENEURSHIP Quarter 1- Module 1

INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE 12-STEM PASTEUR
09/23/2021

Then we talk about it and plan what product we should


sell first; we thought of handmade rings, necklaces, and
bracelets. We plan for about 3 months because of the
lockdown; in our gmeet, we talk about the materials we
need for our product, what product will sell easily, the
capital money we need, and also watch business advice
on YouTube that will help us on how to run our business.
There are five of us in the group, each with a particular
job. I'm in charge of designing what will be be posted on
our page as well as getting orders because I live in
another municipality. I'm also the group's secretary. Our
only boy in the group is in charge of product delivery,
while the other three are in charge of production
process, buying of materials, managing our social media
accounts and packaging. We made a sample product and
posted it on our page, but the number of customers
didn't increase, so we thought about what product would
be best to sell in these times of pandemic, and we came
up with the idea of making a mask lanyard that would
help people ensure and keep track of their mask, so we
made a mask lanyard out of beads and posted it on our
page, and the number of customers began to increase,
So we decided that a product that would benefit a large
number of people in this pandemic was the greatest
option, and we've been operating and planning what
strategic ideas will help our business to expand.
ENTREPRENEURSHIP Quarter 1- Module 1

INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE 12-STEM PASTEUR
09/23/2021

POST TEST

PROPOSED
PROPOSED ADDRESS NAME OF OWNER/S
BUSINESS NAMES

Kyla Mae Euste


Gwenn Zyrene
Toldoya

Lanigay, Polangui, Arianne Gwyneth


Delicasheesh Sanosa
Albay
Eunice Aliyah
Necio
Ryah Lyn Revale
Ronessa Balaguer

POSSIBLE
BRIEF DESCRIPTION REASON/S FOR INITIAL FUNDING
SOURCE/S OF
OF THE BUSINESS CHOOSING THE LOCATION REQUIREMENT
FUNDS

Our business focuses Close to the Php 2,000.00 Savings


on making sweet and production site.
Parents
delightful delicacies
that will surely satisfy The place is Solicitation
anyone with a sweet peaceful and in
tooth. We ensure to order.
give the finest food
and service at a very
economical price.
‘’Every bite is a sweet
delight’’
ENTREPRENEURSHIP Quarter 1- Module 1

INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE 12-STEM PASTEUR
09/23/2021

POST TEST

PROPOSED
PROPOSED ADDRESS NAME OF OWNER/S
BUSINESS NAMES

Kyla Mae Euste


Gwenn Zyrene
Toldoya

Ubaliw, Polangui, Arianne Gwyneth


Swirl & Sanosa
Albay
Splash Eunice Aliyah
Necio
Ryah Lyn Revale
Ronessa Balaguer

POSSIBLE
BRIEF DESCRIPTION REASON/S FOR INITIAL FUNDING
SOURCE/S OF
OF THE BUSINESS CHOOSING THE LOCATION REQUIREMENT
FUNDS

With the ·The place is more Php 3,000.00 Savings


resurfacing trend of convenient since it
Parents
the hippie street is near the
style of the 70's, Solicitation
sources of raw
our brand offers
materials.
people classic tie
dye clothing infused Spacious
with the modern
style of our
generation.
ENTREPRENEURSHIP Quarter 1- Module 1

INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE 12-STEM PASTEUR
09/23/2021

POST TEST

PROPOSED
PROPOSED ADDRESS NAME OF OWNER/S
BUSINESS NAMES

Kyla Mae Euste


Gwenn Zyrene
Toldoya

Purok 4 Ilaorsur, Arianne Gwyneth


Tote Of The Sanosa
Oas, Albay
Day Eunice Aliyah
Necio
Ryah Lyn Revale
Ronessa Balaguer

POSSIBLE
BRIEF DESCRIPTION REASON/S FOR INITIAL FUNDING
SOURCE/S OF
OF THE BUSINESS CHOOSING THE LOCATION REQUIREMENT
FUNDS

Just like how you


Spacious Php 3,500.00 Savings
choose your OOTD,
grab your TOTD from Parents
our exceptional Solicitation
collections of tote bags.
Our brand customizes
totes with out-of-this-
world designs from us
and your creative
minds. Now, grab your
tote of the day and
walk confidently.
ENTREPRENEURSHIP Quarter 1- Module 1

INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE 12-STEM PASTEUR
09/23/2021

ASSIGNMENT

BUSINESS PLAN

DELICASHEESH
ZONE 1 LANIGAY, POLANGUI, ALBAY

WWW.DELICASHEESH@YAHOO.COM

OWNED BY:
ARIANNE GWYNETH SANOSA
RONESSA BALAGUER
GWENN ZYRENE TOLDOYA
EUNICE ALIYAH NECIO
RYAH LYN REVALE
KYLA MAE EUSTE
ENTREPRENEURSHIP Quarter 1- Module 1

INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE 12-STEM PASTEUR
09/23/2021

ASSIGNMENT

INTRODUCTION

DESCRIPTION OF THE BUSINESS


OUR BUSINESS FOCUSES ON MAKING SWEET AND DELIGHTFUL
DELICACIES THAT WILL SURELY SATISFY ANYONE WITH A
SWEET TOOTH. WE ENSURE TO GIVE THE FINEST FOOD AND
SERVICE AT A VERY ECONOMICAL PRICE. “EVERY BITE IS A
SWEET DELIGHT’’

LOCATION OF THE BUSINESS


THE BUSINESS IS LOCATED AT ZONE 1 LANIGAY, POLANGUI,
ALBAY. THE PLACE WAS SELECTED SINCE IT IS CLOSE TO THE
PRODUCTION SITE.

FUNDING REQUIREMENT AND SOURCE OF FUNDS


THE INITIAL FUNDING REQUIREMENT FOR THE
ENTREPRENEURIAL VENTURE IS APPROXIMATELY PHP
2,000.00. THE FUND WILL COME FROM THE OWNERS’ SAVINGS,
PARENTS, AND CAN ALSO BE PROVIDED THROUGH
SOLICITATION.

You might also like