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    Entrep Module 10 - Business Implementation

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    JOHN PAUL LAGAO
    This document outlines the steps students will take to implement their business plans and commence operations of their business enterprises. It provides a checklist of initial business requirements including obtaining necessary permits and licenses. It also lists activities for preparing the physical structure such as negotiating a location, purchasing materials, and making an opening entry. Finally, it describes handling daily transactions like commencing operations, preparing progress reports, and seeking recommendations for improvement. The overall goal is for students to gain experience practically establishing and running their own businesses.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Entrep Module 10 - Business Implementation

    Uploaded by

    JOHN PAUL LAGAO
    270 views3 pages
    This document outlines the steps students will take to implement their business plans and commence operations of their business enterprises. It provides a checklist of initial business requirements including obtaining necessary permits and licenses. It also lists activities for preparing the physical structure such as negotiating a location, purchasing materials, and making an opening entry. Finally, it describes handling daily transactions like commencing operations, preparing progress reports, and seeking recommendations for improvement. The overall goal is for students to gain experience practically establishing and running their own businesses.

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    Module 10- Entrep

    Original Title

    Entrep Module 10_Business Implementation

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    This document outlines the steps students will take to implement their business plans and commence operations of their business enterprises. It provides a checklist of initial business requirements including obtaining necessary permits and licenses. It also lists activities for preparing the physical structure such as negotiating a location, purchasing materials, and making an opening entry. Finally, it describes handling daily transactions like commencing operations, preparing progress reports, and seeking recommendations for improvement. The overall goal is for students to gain experience practically establishing and running their own businesses.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    270 views3 pages

    Entrep Module 10 - Business Implementation

    Uploaded by

    JOHN PAUL LAGAO
    This document outlines the steps students will take to implement their business plans and commence operations of their business enterprises. It provides a checklist of initial business requirements including obtaining necessary permits and licenses. It also lists activities for preparing the physical structure such as negotiating a location, purchasing materials, and making an opening entry. Finally, it describes handling daily transactions like commencing operations, preparing progress reports, and seeking recommendations for improvement. The overall goal is for students to gain experience practically establishing and running their own businesses.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    ENTREPRENEURSHIP

    Governor Pack Road, Baguio City, Philippines 2600


    Tel. Nos.: (+6374) 442-3316, 442-8220; 444-2786;
    442-2564; 442-8219; 442-8256; Fax No.: 442-6268 Grade Level/Section: ABM 12
    Email: [email protected]; Website: www.uc-bcf.edu.ph

    MODULE 10 – ENTREP Subject Teacher:

    Business Implementation

    Learning Objectives:
    At the end of this module, the learners are expected to:
    a. Complete the initial business requirements;
    b. Prepare the physical structure of the business; and
    c. Handle the daily transactions of the business;

    As the concluding part of this course, the students will finally implement the business concepts
    and the business plan they have developed throughout the course. They shall be given the
    opportunity to formally establish their own business enterprises and commence the operations of their
    businesses. This part shall serve as a checklist of all the activities needed to properly implement and
    commence the business enterprise.

    Completion of the Initial Business Requirements

    Activity Check Box


    1. Approval of Business Plan

    2. Letter of the students to the school administrator, properly noted by the subject
    teacher, seeking for the approval for introducing the business to other students in
    the University

    3. Parent’s consent and agreement defining the duration of the project and
    responsibilities of the teacher and the school

    4. Approval of the business name by the Department of Trade and Industry (DTI).
    Note: Application is now done online

    5. Permits and licenses obtained from national and local government regulatory
    agencies.

    6. Approved and properly stamped journals and ledgers by the Bureau of Internal
    Revenues (BIR)

    7. Municipal/ City Permits and Licenses

    Note: The students must prepare all the necessary documentary requirements mentioned in the
    checklist.

    Preparation of the Physical Structure of the Business

    Activity Check Box


    1. Negotiation of the location of the business

    2. Finalize the necessary contracts between and among the proprietors

    Entrepreneurship Page 1 of 2
    ENTREPRENEURSHIP
    Governor Pack Road, Baguio City, Philippines 2600
    Tel. Nos.: (+6374) 442-3316, 442-8220; 444-2786;
    442-2564; 442-8219; 442-8256; Fax No.: 442-6268 Grade Level/Section: ABM 12
    Email: [email protected]; Website: www.uc-bcf.edu.ph

    MODULE 10 – ENTREP Subject Teacher:

    3. Purchase the necessary materials, equipment, and fixtures required in the


    operation of the business

    4. Record the opening entry and other initial transactions of the business

    5. Make a reflection of the initial experience of the students on the first set of
    activities conducted.

    Handling of Daily Business Transactions

    Activity Check Box


    1. Commence the operations of the business (Subject to changes in the situation
    concerning COVID-19 Pandemic)

    2. Prepare a progress report on the early periods of operations of the small


    business

    3. Ask for recommendations and suggestions which will lead to the improvement
    of the business enterprise

    Message of Teachers: If you reached this point, give yourself a tap at the back for a job well done.
    Remember, all big businesses started small. If you decided to pursue your business enterprises, its great!
    If not, remember that you have all the time to always go back to the business ideas you have
    developed throughout this course and you could always decide to finally pursue in managing it.

    References:
    BAL 338.04
    Kuratko, D. (2012). Entrepreneurship: An Introduction. Pasig City: Cengage Learning Asia
    K9654
    2012 Pte. Ltd.
    BAL 658.421 Batisan, R. (2016). Entrepreneurship. Makati City: Diwa Learning Systems Inc
    B3208
    2016

    BAL 658.421
    Aduana, N. (2016). Entrepreneurship in Philippine Setting. Quezon City: C&E Publishing,
    B3208
    2016 Inc.

    Kotler, P., & Armstrong, G. (2013) Principles of marketing (14th ed.). Harlow, England:
    Pearson Education Ltd.

    Zarate, C. (2016) Organization and Management

    Entrepreneurship Page 2 of 2

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