This document provides guidance for keeping records and expenses for a small business project making and selling household linens. It emphasizes the importance of keeping accurate records of all costs in a ledger or record book on an ongoing basis to ensure the feasibility and profitability of the project. Sample expense categories are provided, along with tips for specific, updated record keeping and retaining receipts. Common packaging materials and using business names on packaging are also discussed. The document suggests venues for selling products like fairs, websites, and social media and emphasizes developing skills and following designs for business success.
This document provides guidance for keeping records and expenses for a small business project making and selling household linens. It emphasizes the importance of keeping accurate records of all costs in a ledger or record book on an ongoing basis to ensure the feasibility and profitability of the project. Sample expense categories are provided, along with tips for specific, updated record keeping and retaining receipts. Common packaging materials and using business names on packaging are also discussed. The document suggests venues for selling products like fairs, websites, and social media and emphasizes developing skills and following designs for business success.
This document provides guidance for keeping records and expenses for a small business project making and selling household linens. It emphasizes the importance of keeping accurate records of all costs in a ledger or record book on an ongoing basis to ensure the feasibility and profitability of the project. Sample expense categories are provided, along with tips for specific, updated record keeping and retaining receipts. Common packaging materials and using business names on packaging are also discussed. The document suggests venues for selling products like fairs, websites, and social media and emphasizes developing skills and following designs for business success.
HOUSEHOLD LINENS IN / CREATIVE WAYS Record Keeping
To start a small business project, make sure to keep a
single record of costs and expenses. This is important particularly if you want to ensure the feasibility of your project. This means making sure that your costs are kept to a minimum without compromising quality. Keep a ledger or record book of daily exenses in connection with the project. these expenses will all be added up when the project is completed. EXPENSE DATE: ITEMS AUGUST 1- AUGUST 8 EQUIPMENT + MATERIALS PACKAGING MARKETING MISCELLANEOU MAINTENANCE S Oil for sewing Fabric – 1 pack plastic Printing of Transpo- machine P100.00 P50.00 flyer –P10.00 tricycle P30.00 P 30 Thread- P20.00 1 pack photocopy cardboard 10 pcs. X P2 = paper P25.00 P20.00 Make sure to keep your record book updated. List down expenses items as they are incurred so you will not forget. Be specific in listing down items. Keep receipts as much as possible. PACKAGING
Sometimes special packaging materials are used to
keep the item being sold in good condition all the time. It keeps out dirt and moisture while the items are kept in the storage until they are sold. Common packaging materials are made out of paper, plastic, cardboard or even indigenous materials such as local fibers or sinamay. If the business is registered and has a business name, the owners may use the business name for product labels. The business name may be also printed on the packaging material to make it unique and distinct from other products being sold in the market. Where to sell your Product
Aside from offering your products to your relatives,
neighbors, friends and schoolmates. You can also offer your products to a wider public through the use of technology. School activities such as fairs can also be good venue for selling your finished products. There might be requirements though so make sure to make inquiries from the administrators if you want to join. You may also check local fair sponsored by the local government. You and some of your classmate can find resources to get a booth. You can also create a website for your finished products to create awareness to the wider public and gain prospective buyers. Use email or social media to get in touch with your buyers. Moreover do not forget the telephone, mobile phone or fax machine if these can also help you gain buyers. REMEMBER: Itis better to have your own tools and equipment if you want to venture your business. Develop your skill in needlework while you can for it can also lead you to a profitable livelihood in a addition to a stable job. Follow the instructions of a design to be able to execute workmanship. You can also source information and design ideas from magazines and the internet.
School San Isidro Elementary School Grade Level 6 Teacher Myrna C. Palacol Learning Area TLE Teaching Date Week 5 Quarter Third Teaching Time 1:00 - 2:30 No. of Days 5