Entrep

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Philip Razon-Jollibee Manager

Anne Villa- Sari Sari Store Owner

Lindzay Tagulao- Milk tea Owner

Maria Ramirez- Clothing Shop Owner

Joan Arevalo-Computer Shop Owner

1. The Entrepreneurial Oppòrtunity that i have spotted was the Retail Rice Shop Owner. Some are
still buying in plastics, i wanted to supplies in sacks and cavans.

1.WHAT ARE THE RESOURCES OR RAW MATERIALS IN YOUR ENVIRONMENT:

A.Corn

B.Grain

C.Coal

2. WHAT ARE THE INSTITUTIONS AND INDUSTRIES WITHIN YOUR AREA.

A. EDUCATION INSTITUTION

B. CRIMINAL JUSTICE SYSTEM INSTITUTIONS

C. RELIGION INSTITUTIONS

3. WHAT ARE THE NEEDS AND WANTS IN THE CONSUMER COMMUNITY THAT IS NOT MET

A. THE LUXURY IN CLOTHING SHOPS

B. THE NEEDS IN RICE SHOPS

C. THE LUXURY IN JEWELRY SHOP

1. TYPES OF BUSINESS:

BANKS (5)

HOME BASED BUSINESSES (12)


GAS STATION (1)

GROCERY STORES (6)

RESTAURANTS (18)

CLOTHING STORE/PRODUCTION (1)

FISH SHOPS (2)

MEAT SHOP (5)

SALON(4)

MANICURE AND MASSAGE (3)

2.

A. RETAILERS

-HOME BASED BUSINESS (12)

B. MANUFACTURERS

- CLOTHING STORE/PRODUCTION (1)

C.WHOLESALERS

-GROCERY (6)

D. AGRICULTURAL/FORESTRY/FISHERIES

FISH SHOPS (2)

MEAT SHOP (5)

E. SERVICES

SALON(4)

MANICURE AND MASSAGE (3)

WHICH BUSINESSES ARE MANY?

THE BUSINESS THAT ARE MANY WE’RE THE MANY?

HOME BASED BUSINESSES

GROCERY
MEAT SHOPS

(FEW)

FISH SHOPS

SALON

MANICURE AND MASSAGE

CLOTHING STORE/ PRODUCTION

THE LOCAL MARKET ARE THE FISH SHOPS AND THIS HAVE HUGE SALES BECAUSE OF LOW COMPETITORS.

THE PEOPLE SPEND MORE ON GROCERY PRODUCTS AND MEAT SHOPS.

MEAT SHOPS HAVE AVERAGE SALES BECAUSE OF HIGH COMPETITORS.

ACTIVITY 2:

NAME OF COMPETITOR:

ZARA

BERSHKA

F21

TYPE OF PRODUCT OR SERVICE:

CLOTHES

CLOTHES

CLOTHES
PRICES:

HIGH

HIGH

HIGH

QUALITY:

GOOD

GOOD

GOOD

LOCATION AND DISTRIBUTION:

MALL/BOUTIQUES

MALL/BOUTIQUES

MALL/BOUTIQUES

MY COMPETITORS MAJOR STRENGTHS ARE THEY ARE FAMOUS FOR TRENDY CLOTHES

MY COMPETITORS MAJOR WEAKNESSES ARE THEY HAVE HIGH PRICES

GIVING THIS INFORMATION I CAN IMPROVE MY CHOSEN BUSINESS VENTURE IN THE FOLLOWING WAYS:

- I WILL REDUCE THE PRICE

- I WILL CONTINUE TO KEEP IN TRENDY ITEMS

PRODUCT: AFFORDABLE YET TRENDY CLOTHES AND ACCESSORIES

PRICE: I HAVE LOW PRICES THAT IS LOWEST THAN THE COMPETITORS


WILL YOU GIVE DISCOUNTS? HOW MUCH? 30% IF BULK ORDERS

I WILL NOT SELL IN CREDIT BECAUSE IT CAN CAUSE UNPAID PRODUCTS AND LONG DUE DATES.

PLACE: I WILL SELL IT IN BOUTIQUES, I WILL SELL IT IN RETAIL TO HAVE MY CUSTOMERS CHOOSE
DIFFERENT KINDS AND STYLES.

PROMOTION: I WILL POST IN SOCIAL MEDIA ACCOUNTS AND I WILL PROVIDE POSTERS IN SOME HOME
BASED BUSINESSES

CAPITAL:20000

DIRECT COSTS: 9000

INDIRECT COSTS: 8000

TOTAL COST OF EQUIPMENT: 3000

TOTAL START UP CAPITAL: 20000

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