Entrepreneurship

Grade 12
Asynchronous Activity for 02/22/2022

“A well-written business plan is one that contains all information necessary for the financing
source to make a decision even without talking to the entrepreneur”—Anonymous

A. Individual Activity: Idea Generation and Opportunity Identification (50 pts)

Each learner are tasked to list down 10 business ideas and have an informal screening
using your personal criteria such as personal interests, experiences in relation to the
proposed project, and the amount of money you are willing to invest. After which,
continue the screening process until you are rank down to 3 (the best 3 for you). List
down the best 3 options and state the reason why you think it is feasible, make sure to
make your reasoning technical and objective.

Business idea Personal interest Experiences in Amount of money

relation to the you are willing to
proposed project invest

1. Mask It keeps the mask in I also have ₱ 500.00

storage case a safe and hygienic nightmares where I
place which I love am outdoors
because I don’t like without a mask and
being messy. I want have no place
things organized. where I can get one
so I have this
irrational fear of
not having an extra
mask in my bag.

2. Candy I personally love It helps with my ₱ 300.00

business sweets no matter if anxiety and I have a
I’m indoors or history of selling
outdoors. . candies way back in
elementary. I saved
my allowance to
buy a pack of
candies which is
priced at 25 pesos a
 bag with 50 pieces
inside. I sold each
candy for a peso
and my 25 pesos
investment
doubled.

3. Baby clothes I hate kids, like My father lost his ₱ 500.00

from the bottom of job because of this
my heart I hate pandemic which
them but selling made my mom
their clothes is a think of a business
different story. I that can feed us
also love and she started
advertising clothes, selling our pre-
no matter what age loved clothes. From
they are for. I what she earned
dreamt of being a there, she bought a
fashion designer bale of ukay clothes
once and as I grew for children. So ever
up I realized that since the pandemic
the dream was started I am
unrealistic so I exposed to selling
chose a more ukay clothes.
practical and
achievable path.

4. Self defense I think saying I am a I have no ₱ 1, 500.00

accessories woman is enough experience selling
explanation on why anything related to
I wanted this this but I do have
product to sell. the passion to learn
Especially now that how to create them
restrictions are and have the
being lifted and resources where I
more people are can buy the
going out. People materials.
who travel alone
and/or at night,
which I am, will find
this handy.
5. Brownies As I said with the Way back in 2019, I ₱ 500.00
candy business, I used to sell
am a huge fan of brownies at our
sweets. Dessert is school that my
my favorite part of mom baked at
the meal. Maybe home. She is a
it’s my sugar baker but when the
addiction which I pandemic
developed out of happened there
very unhealthy were no sales at all
eating habits but I which made her sell
really love it. pre-loved clothes. It
was very fun and
confidence
boosting. It helped
with my anxiety
because I face a lot
of people. It also
helped me see the
guy I liked back
then. I used to go to
their room just to
ask if he wanted to
buy some. I did not
give any discounts
though because
business is
business.

6. Crinkles Same with candy, I used to sell these ₱ 500.00

and brownies. at school too.

7. Leche Flan Same with candy, I used to sell these ₱ 500.00

brownies, and at school too.
crinkles.

8. Tuna pie Other than sweet I have no ₱ 500.00

food, I also love experience selling
salty food. A very these but I am
dangerous tandem willing to learn and
that makes me gain to try because it
weight. sounds like a very
good idea.
 9. Graham Same with candy, I did sell these as ₱ 500.00
balls brownies, crinkles, well way back in
and Leche flan. I 2019.
just love sweets
that I sometimes
buy my own
product.

10. Lip tints I love doing my I do not have any ₱ 1, 500.00

makeup, it’s my experience selling
way of self any beauty
expression and art. products so I need
Out of all the lippies to do research
I have, lip tints are about it. Especially
my go to and my if we need to be
favorite. I am FDA approved and
willing to learn how such to sell them.
to create and sell it
because that would
really be enjoyable
to sell.

B. Group Activity
Present your top 3 ideas to your group. Take note that it is important that you should
open your mind to all the opportunities that you see so that you will be able to explore
all possibilities. The method used in this process is Brainstorming. Start your
brainstorming with the question, what problem are we encountering right now? What
products or services does the majority needs or will solve this problem?
∙ All ideas should be considered regardless of how silly they are. If you do this, you may
generate at least 50 ideas in 30 minutes.
∙ Just like what you did in your individual activity, identify what products or services
interest you the most. At this stage of informal screening, you should be able to
come up with 10 ideas.
∙ Continue the screening process until you are down to 3 (the best 3, that is). ∙
This time you will choose the best ideas based on the following criteria: a.
Marketability of the product
 b. Availability of raw materials
c. Availability of technology for making the product
d. Availability of skilled workers
e. Investment requirement
f. Perceived profitability
g. Government priority or support
h. Environmental considerations

∙ To facilitate the selection of top 3 ideas, you can prepare a table and give points to
each criterion – with 10 pts as the highest and 1 as the lowest. The point system is
based on the general perception of the situation by the person or group who is
involved in choosing the priority project.

The table below is just an example, you may also add more criteria or make a criteria
that is most suited and common to the goods and services that will be screened.

Screening Criteria
Products Criteria Total

a b c d e f g h 80

1. Merch 5 9 9 7 5 6 7 8 55

2. Food 8 5 7 9 5 6 8 9 57

3. Service 7 8 8 9 8 8 8 9 65

4.

5.

6.

After you have narrowed down the business ideas, discuss the business that ranked
most and meet with your group. Check if everyone or majority will agree if they think
that it is feasible and if not, proceed with rank 2 and so on….

After this process, the group should decide what will be the business or enterprise
you wish to operate.
 This activity should be turned in individually. Why? Because each one will be graded
individually on Activity A. and as a group on Activity B. So grades may not be the
same with your classmates.

Outcome of the brainstorming

Business Market Availa Availabilit Availa Invest Percei Gover Environ Total
ability bility y of bility of ment ved nment mental
of the of raw technolo skilled require profita priority conside
produc mater gy for worker ment bility or rations
t ials making s suppor
the t
product

.DIY 10 9 8 9 9 10 9 9 73
Accessories

Print services 7 5 5 7 4 6 8 5 47

Sweet’nJelly 8 7 7 7 7 7 6 8 57

Facemask 8 6 6 6 5 6 7 9 53
Supplier

Graham Balls 10 9 9 10 8 9 8 9 72

Tutoring 8 8 7 7 6 8 7 4 55

Clothing Line 7 5 5 8 5 6 7 5 48

Home based 8 8 7 7 6 7 7 7 57
Catering

Kick’s Shop 6 4 3 4 5 7 7 5 41

.Self defense 9 9 8 9 10 9 9 8 71
accessories
Top 3 Businesses:

1. DIY Accessories - 73
2. Graham Balls - 72
3. Self defense Accessories - 71