ENTREPRENEURSHIP

ENTREP12A
 OBJECTIVES

 Defi ne entrepreneur and entrepreneurship

 Enumerate the benefi ts of

entrepreneurship

 Explain the importance of entrepreneurship

education

 Explore entrepreneurship as a career

 Introduction
Republic Act 9501 (May 2008)
“Magna Carta for Micro, Small and Medium
Enterprises”

 Government recognizes the specifi c

needs of entrepreneurs and encourages
the establishment of small and medium
enterprise in order to spur economic
development

Presentation Title
ENTREPRENEUR
An individual who has
the ability and skill to
establish and manage
a business that is
useful /benefi cial to
society
ENTREPRENEURSHIP

 Is a process of
creating / developing
profi table business from
opportunities while
considering the benefi ts
of the society
 BENEFITS OF ENTREPRENEURSHIP

Introduces new
and innovative
Disperses
products and Economic
economic
services Development
power and
(individual,
creates equality
Society and the
country)
IMPORTANCE OF ENTREPRENEURSHIP
EDUCATION
INDIVIDUAL SOCIETY

• Students – alternative career

• Economic development
path
• Unity
• Brings out entrepreneurial
• Employment
skills

• Changes one’s attitude,

personality, communication,
collaboration, creativity, and
problem solving skills.
ENTREPRENEURSHIP AS A CAREER

FORMAL EDUCATION IMPORTANT FACTS

• Finish Basic Ed • Brilliant idea, execution skill

• Pursue BBA, B.Com, BBE or and zeal is all that is needed

any commerce related fi eld • Strong education background

• Pursue MBA in can increase the probability

entrepreneurship, HR, of success

Finance, etc
“AMBITION IS
THE PATH TO
SUCCESS.
PERSISTENCE
IS THE
VEHICLE YOU
ARRIVE IN”
Bill Bradley
BUSINESS
PLAN
BUSINESS PLAN
Written document /
blueprint that guide the
entrepreneur in putting
up business.
It answers the questions:
What to do?
How to do?
When to do?
Where to do?
What to expect in the future?
 Reasons to have a Business Plan
To project general picture of the business

To test the feasibility of your business idea

To give your new business the best chance of success

To secure funding

To attract investors

To serve as a guide in implementing the project

To serve as a reference in policy formation

 Click to add photo
Business Planning

1. SET YOUR GOAL

It must be SMART.

 SIMPLE

 MEASURABLE

 ATTAINABLE

 REALISTIC

 TIME-BOUND
 Business Planning

2. Estimate your business spending plan.

3. Make a business spending plan.

4. Control your Business expenses

Presentation Title
 Parts of a Business Plan
Click to add photo
I. TITLE – n am e of th e project to be un der ta ken

II. RATION ALE – m ust i n clude the ff :

A. Impor ta nce of the projec t

B. Vi si on an d Mi ssi on

C. Spec i fi ca ti on of th e bu ilding or location

III. P ROJECT PRO PO NE NT

It in cl u des the peopl e who will under take the project a nd

their c urri cu l um v ita e outlinin g th eir skills , experienc es, and
oth er si gn ifi ca nt qu al i ti es
 Parts of a Business Plan
Click to add photo

IV. PROJECT LOCATION

The site or place where the project
will be undertaken or where the
products will be produced.

V. BRIEF DESCRIPTION OF THE PROJECT

Provides an overview or a step-by-
step procedure of the whole venture or
production
 Parts of a Business Plan

VI. DETAILS OF THE PROJECT

Includes the following:

A. Labor requirements

B. Type and Number of workers

C. Operational Cost (including materials, labor, and

maintenance)

D. Potential Costumers

E. Sales projection or the approximate sales and

profi ts needed

F. Capital Needed or the amount of money to fi nance

the project
THANK YOU

ERMELITA EMPER

Presentation Title
THE WAY TO
GET STARTED
IS TO QUIT
TALKING AND
BEGIN
DOING.
Walt Disney