ENTREPRENEURIAL

MIND-SET
OBJECTIVES:

1. TO KNOW THE ENTREPRENEURIAL MIND

IN THE BUSINESS
FOR DEVELOPMENT.
2. TO APPRECIATE THE 12 R’S TIPS FOR
OPPORTUNITY
3. CALCULATE THE ROA, ROI AND IPP
ACTIVELY.
ENTREPREN
EURIAL CREATIVE
MIND

BUSINESS TECHNICAL

DYNAMIC
DEVELOPMENT
ARTS
12 R’S THAT WILL HELP US TO
SCREENING OF OPPORTUNITY
1. RELEVANCE
2. RESONANCE
3. REINFORCEMENT OF ENTREPRENEURSHIP
INTERESTS.
4. REVENUES
5. RESPONSIVENESS
6. REACH
7. RANGE
8. REVOLUTIONARY IMPACT
9. RETURNS
10. RELATIVE EASE OF IMPLEMENTATIONS
11. RESOURCES REQUIRED
12. RISKS
FINANCIAL STATEMENT

THINGS TO CONSIDER
A.PRESENT NEEDED/ NEEDED
B.FUTURE NEEDS / RENOVATIONS
C.UNEXPECTED NEEDS/ EMERGENCY
D.EXPENSES
E.FUNDS
F.LOANS
FOUR CRITICAL FINANCIAL
STATEMENT

1.INCOME STATEMENT
2.BALANCE SHEET
3.CASH FLOW STATEMENT
4.FUND FLOW STATEMENT
 NET PROFIT AFTER TAXES
RETURN ON SALES = SALES

EXAMPLE: 500,000
ROS = 5,000,000 = 10%

NET PROFIT AFTER TAXES

RETURN ON ASSETS= TOTAL ASSETS/INVESTMENTS

EXAMPLE:
500,000
ROA = 1,500,000 33%

TOTAL INVESTMENTS
PAYBACK PERIOD = ANNUAL NET INCOME TAXES

1,500,000
INCOME PAYBACK PERIOD = 500,000 3 YEARS