ENTREPRENEURSHIP
Quarter 1- Module 1
INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE
12-STEM PASTEUR
09/23/2021
IV. PRE-TEST
1. B
2.D
3.B
4.A
5.C
ACTIVITY 1:FOUR PICS, ONE WORD!
1. wRITTEN
3. OPEN
2. dOCUMENT
4. OPERATE
ENTREPRENEURSHIP
Quarter 1- Module 1
INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE
12-STEM PASTEUR
09/23/2021
6. pLAN
5.BUSINESS
A BUSINESS PLAN IS AN IMPORTANT WRITTEN DOCUMENT
THAT DESCRIBES YOUR COMPANY'S FUTURE. BEFORE
OPENING A COMPANY, YOU MUST CREATE A BUSINESS PLAN.
THE STRATEGY AND AIM OF THE BUSINESS ARE INCLUDED IN
THE PLAN.
GUIDED QUESTIONS
TO ASSESS IF THE BUSINESS WILL EXPAND, A
POSSIBILITY AND FEASIBILITY MUST BE CONDUCTED.
TEST
OF
A BUSINESS PLAN IS A ROAD MAP CONSISTING MOSTLY OF
STRATEGIES TO BE IMPLEMENTED IN ORDER TO HELP A
COMPANY EXPAND, WHEREAS A FEASIBILITY STUDY CONCLUDES
OR ASSISTS IN DETERMINING IF A CONCEPT OR BUSINESS IS A
SUITABLE OPTION.
THE
BUSINESS
ENTREPRENEUR.
PLAN
SHOULD
BE
PREPARED
BY
THE
ENTREPRENEURSHIP
Quarter 1- Module 1
INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE
12-STEM PASTEUR
09/23/2021
PRACTICE TASK 1 - WHO’S WHO? ENTREPRENEUR X OR Y?
I WANTED TO BE ENTREPRENEUR Y BECAUSE I THINK THAT
PLANNING IS ESSENTIAL BEFORE STARTING A BUSINESS. THE
BUSINESS PLAN IS A ROAD MAP THAT INCLUDES STRATEGIC
IDEAS THAT WILL AID IN THE GROWTH OF YOUR COMPANY.
ENTREPRENEUR X OPENED A COFFEE SHOP RIGHT AWAY,
WITHOUT
FIRST
PREPARING
AND
EVALUATING
THE
MARKETPLACE, THE POSSIBILITY OF THE BUSINESS GROWING
REMAINS UNCERTAIN WHILE ENTREPRENEUR Y PLANNED
BEFOREHAND AND GATHERED INFORMATION BEFORE STARTING A
BUSINESS,THIS WILL ASSIST HIM IN DETERMINING WHICH
STRATEGY PLAN WILL EFFECTIVELY HELP HIM EXPAND HIS
BUSINESS.
FOR ENTREPRENEURS, A BUSINESS PLAN IS AN ESSENTIAL
BECAUSE IT IS A STRATEGIC TOOL THAT HELP THEM TO FOCUSE
IN PARTICULAR PROCEDURE FOR THEIR BUSINESS AND ALSO
THIS ASSIST THEM TO ACHIEVE THEIR GOALS FOR THEIR
BUSINESS.
PRACTICE TASK 2 - JUSTIFY ME.
1. True
2.False, a feasibility study must be conducted before a
business plan can be prepared.
3.False, they are almost similar, but the business plan
includes a more detailed discussion.
ENTREPRENEURSHIP
Quarter 1- Module 1
INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE
12-STEM PASTEUR
09/23/2021
4.False, a business plan contains
discussion than a feasibility study.
more
detail
5.False, It is not one of the major parts
6.False, it is usually shown after the introduction in
the plan
7.True
8.False, they are presented separately False, the
name must include in the business plan
9. False, the name must include in the business plan
10.True
PRACTICE TASK 3 – TELL ME A STORY
My bestfriend wants to start a small business so that
she can keep busy throughout the pandemic. She
mentioned it in our group chat, and offer us to join her
and we accepted it, so we created a plan for how we
would conduct a business in this situation. The first
thing we do is plan to create a Facebook page where
we will sell handcrafted accessories, and then we
think about possible business names. We name it after
our group name, babes, and then add the craft, and
we have babescraftph.
ENTREPRENEURSHIP
Quarter 1- Module 1
INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE
12-STEM PASTEUR
09/23/2021
Then we talk about it and plan what product we should
sell first; we thought of handmade rings, necklaces, and
bracelets. We plan for about 3 months because of the
lockdown; in our gmeet, we talk about the materials we
need for our product, what product will sell easily, the
capital money we need, and also watch business advice
on YouTube that will help us on how to run our business.
There are five of us in the group, each with a particular
job. I'm in charge of designing what will be be posted on
our page as well as getting orders because I live in
another municipality. I'm also the group's secretary. Our
only boy in the group is in charge of product delivery,
while the other three are in charge of production
process, buying of materials, managing our social media
accounts and packaging. We made a sample product and
posted it on our page, but the number of customers
didn't increase, so we thought about what product would
be best to sell in these times of pandemic, and we came
up with the idea of making a mask lanyard that would
help people ensure and keep track of their mask, so we
made a mask lanyard out of beads and posted it on our
page, and the number of customers began to increase,
So we decided that a product that would benefit a large
number of people in this pandemic was the greatest
option, and we've been operating and planning what
strategic ideas will help our business to expand.
ENTREPRENEURSHIP
Quarter 1- Module 1
INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE
12-STEM PASTEUR
09/23/2021
POST TEST
PROPOSED
BUSINESS NAMES
PROPOSED ADDRESS
NAME OF OWNER/S
Kyla Mae Euste
Gwenn Zyrene
Toldoya
Delicasheesh
Lanigay, Polangui,
Albay
Arianne Gwyneth
Sanosa
Eunice Aliyah
Necio
Ryah Lyn Revale
Ronessa Balaguer
BRIEF DESCRIPTION
OF THE BUSINESS
Our business focuses
on making sweet and
delightful delicacies
that will surely satisfy
anyone with a sweet
tooth. We ensure to
give the finest food
and service at a very
economical price.
‘’Every bite is a sweet
delight’’
REASON/S FOR
CHOOSING THE LOCATION
Close to the
production site.
The place is
peaceful and in
order.
INITIAL FUNDING
REQUIREMENT
Php 2,000.00
POSSIBLE
SOURCE/S OF
FUNDS
Savings
Parents
Solicitation
ENTREPRENEURSHIP
Quarter 1- Module 1
INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE
12-STEM PASTEUR
09/23/2021
POST TEST
PROPOSED
BUSINESS NAMES
PROPOSED ADDRESS
NAME OF OWNER/S
Kyla Mae Euste
Gwenn Zyrene
Toldoya
Swirl &
Splash
Ubaliw, Polangui,
Albay
Arianne Gwyneth
Sanosa
Eunice Aliyah
Necio
Ryah Lyn Revale
Ronessa Balaguer
BRIEF DESCRIPTION
OF THE BUSINESS
With the
resurfacing trend of
the hippie street
style of the 70's,
our brand offers
people classic tie
dye clothing infused
with the modern
style of our
generation.
REASON/S FOR
CHOOSING THE LOCATION
·The place is more
convenient since it
is near the
sources of raw
materials.
Spacious
INITIAL FUNDING
REQUIREMENT
Php 3,000.00
POSSIBLE
SOURCE/S OF
FUNDS
Savings
Parents
Solicitation
ENTREPRENEURSHIP
Quarter 1- Module 1
INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE
12-STEM PASTEUR
09/23/2021
POST TEST
PROPOSED
BUSINESS NAMES
PROPOSED ADDRESS
NAME OF OWNER/S
Kyla Mae Euste
Gwenn Zyrene
Toldoya
Tote Of The
Day
Purok 4 Ilaorsur,
Oas, Albay
Arianne Gwyneth
Sanosa
Eunice Aliyah
Necio
Ryah Lyn Revale
Ronessa Balaguer
BRIEF DESCRIPTION
OF THE BUSINESS
REASON/S FOR
CHOOSING THE LOCATION
Just like how you
choose your OOTD,
grab your TOTD from
our exceptional
collections of tote bags.
Our brand customizes
totes with out-of-thisworld designs from us
and your creative
minds. Now, grab your
tote of the day and
walk confidently.
Spacious
INITIAL FUNDING
REQUIREMENT
Php 3,500.00
POSSIBLE
SOURCE/S OF
FUNDS
Savings
Parents
Solicitation
ENTREPRENEURSHIP
Quarter 1- Module 1
INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE
12-STEM PASTEUR
09/23/2021
ASSIGNMENT
BUSINESS PLAN
DELICASHEESH
ZONE 1 LANIGAY, POLANGUI, ALBAY
WWW.DELICASHEESH@YAHOO.COM
OWNED BY:
ARIANNE GWYNETH SANOSA
RONESSA BALAGUER
GWENN ZYRENE TOLDOYA
EUNICE ALIYAH NECIO
RYAH LYN REVALE
KYLA MAE EUSTE
ENTREPRENEURSHIP
Quarter 1- Module 1
INTRODUCTION TO BUSINESS
PLAN PREPARATION
RYAH LYN REVALE
12-STEM PASTEUR
09/23/2021
ASSIGNMENT
INTRODUCTION
DESCRIPTION OF THE BUSINESS
OUR BUSINESS FOCUSES ON MAKING SWEET AND DELIGHTFUL
DELICACIES THAT WILL SURELY SATISFY ANYONE WITH A
SWEET TOOTH. WE ENSURE TO GIVE THE FINEST FOOD AND
SERVICE AT A VERY ECONOMICAL PRICE. “EVERY BITE IS A
SWEET DELIGHT’’
LOCATION OF THE BUSINESS
THE BUSINESS IS LOCATED AT ZONE 1 LANIGAY, POLANGUI,
ALBAY. THE PLACE WAS SELECTED SINCE IT IS CLOSE TO THE
PRODUCTION SITE.
FUNDING REQUIREMENT AND SOURCE OF FUNDS
THE
INITIAL
FUNDING
REQUIREMENT
FOR
THE
ENTREPRENEURIAL
VENTURE
IS
APPROXIMATELY
PHP
2,000.00. THE FUND WILL COME FROM THE OWNERS’ SAVINGS,
PARENTS,
AND
CAN
ALSO
BE
PROVIDED
THROUGH
SOLICITATION.