GOOD MORNING!

May 13, 2021

 ENTREPRENEURSHIP
Business Plan Preparation
COT II
EUSEBIO C. GARCIA –MT II
Entrepreneurship
- is the art of observing correct practices in
managing
And operating self owned wealth creating
business enterprise by providing goods and
services that are valuable in the customers.
Entrepreneur
- refer to a person who strongly
advocates correctly practices the
concepts and principles of
entrepreneurship in operating and
managing the self owned
entrepreneurial venture.
PLAN
 is typically any diagram or list of steps
with details of timing and resources,
used to achieve an objective to do
something. It is commonly understood
as a temporal set of intended actions
through which one expects to achieve a
goal. ... 
BUSINESS PLAN
-isa written documents that
identifies the nature and the context
of the business opportunity and
present the approach the enterprises
plan to exploit the opportunity.
BUSINESS PROCESS -
- is concerned with defining a
company’s goals and
determining the resources
necessary to achieve those
goals.
 BUSINESS PLANNING EXPLAINED:
Planning is:
what to do,
how to do it,
when to do it,
what to expect in the future.
SWOT/SMART ANALYSIS
SWOT stands for Strengths, Weaknesses,
Opportunities, and Threats, and so a SWOT
Analysis is a technique for assessing these four
aspects of your business. You can use SWOT
Analysis to make the most of what you've got, to
your organization's best advantage.
SMART ANALYS
NORMAL
BUSINESS
NEW NORMAL
BUSINESS
Outline of a business plan
Cover Name: Name of Business, Name
of Principals, Address and Contact
Number
Business Goals
Strategies
Table of Contents
Section One: The Business
Description of the business
Product /Service
Market
Location of Business
Competition
Management
Personnel
Application and Expected Effect of Loan(if needed)
Summary
Section Two: Financial Data
Sources and Application of Funding
Capital Equipment List
Balance Sheet
Break Even Analysis
Income Projection(Profit and Loss Statement)
1.Five Year summary
2.Detail by month for First year
3.Detail by quarter for second , third, fourth, and fifth
years
4.Notes of Explanation
Cash flow projection
1.Detail by MO. For 1st year
2.Detail by quarter for 2nd, 3rd , 4th, 5th years
3.Notes of explanation
Deviation Analysis
-measurement of the absolute difference
between any one number in a set and the mean
of the set.
Historical financial reports for existing
business

1.Balance sheet for past five years

2.Income statement for past five years
3.Tax returns
Section Three: supporting Document
Personal Resume
Personal Balance sheet
Cost of Leaving budget
Credit report
Letter of Reference
Job Description
Letter of intent
Copies of Leases
Contracts
Legal document
Anything else relevant to the plan
STEPS IN BUSINESS
PLANNING
1. Evaluate Your Personal Resources And Interest,
And The Resources Of The Community
-Do you have the necessary funds?
-Do you have the skills or management
experiences?
-Does the gov’t provide financial and technical
assistance?
-Are the raw materials available
-Are you interested in such business?
-Do you have good human relation?
2. Analyze Your Market
-Is there a good demand for your product/
service?
-How many competitors are there in the market
-What is your established share in the market?
-Who are your costumers?
-Are they interested in the existing product or
service?
-Is it possible for you to offer a better quality or
lower price?
-Is there a reasonable price?
3. Choose A Proper Business Location
-Is it near your prospective costumers?
-Are there facilities like electricity, water,
transformation and communication
-Is the place clean, decent and peaceful?
-Do you have good alternative in case the best
location is expensive?
-Is it accessible to raw materials and other
supplies?
4. Prepare A Financial Plan
-What are your objectives?
-How much money do you need?
-How will you spend money?
-How will you get the money?
-What are your expenses?
-How soon can you recover your money/
investment?
5. Prepare A Production Plan
-Is it more economical to rent or buy a production
equipment?
-Can you ensure or improve your product design
or quality?
-Can your production facilities meet demand?
-Do you have any inventory control?
-Do you have proper scheduling or production?
6. Prepare An Organizational Plan
-What type of organization is most suitable?
-Do you know the corresponding laws, policies
and requirements of your business organization?
-Are you aware of the advantages of each type
of each organization?
-Who will be the officers and employees of your
enterprise?
-What are their duties and responsibilities?
7. Proper Management Plan
-What are your goals and objective?
-What are your strategies?
-Do you have business policies for your
costumers?
-Do you have a human resources development
for your employees?
-What is your program of social responsibility?
Assignment: to be submitted on May 18, 2021(Tuesday)
1. PREPARE THE INTRODUCTION SECTION OF
YOUR BUSINESS PLAN
 A. The Cover page of your Final out put will appear
 below.
 B. Use the guide for the format of the introduction section of
your business Plan .
 C. Executive Summary
 Reference Entrepreneurship Module 2 Sample
THANK YOU
VERY MUCH