Republic of the Philippines

Department of Education
REGION III
SCHOOLS DIVISION OF PAMPANGA
LESSON EXEMPLAR
ENTREPRENEUSHIP
Content Business Implementation
Grade Level 12
Time Allotment 240 minutes
Content Standard The learner demonstrates understanding of
concepts, underlying principles and processes of starting
and operating a simple business.
Performance Standard The learner independently or with his/her
classmates starts and operates a business according to a
business plan and presents a terminal report of its
operation.
Learning Competencies/Objectives ( 120 Minutes)
 Implement the Business Plan. (CS_EP 11/12 ENTREP-Oa-4-18)
Activity ( 20 minutes) Materials
I. “Jumbled Letters” Activity
Worksheets
I. Direction: Rearrange the jumbled letters to form the correct terms. Pen
Bond Paper
1. __ __ __ __ __ __ __ __

SIENUBSS - it is an organization or enterprising entity engaged in commercial,

industrial, or professional activities.

2. __ __ __ __ __ __ __ __

. REMUSTOC - is an individual or business that purchases another company’s goods

or services.

3. __ __ __ __ __ __ __ __ __ __ __ __

. PETRERENRUNE - A person who organizes and operates a business or businesses,

taking on greater than normal financial risk in order to do so.

4. __ __ __ __ __ __

TEAMKR- is a place where two parties can gather to facilitate the exchange of goods
and services

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Telephone No.: (045) 435-27-28; Email Address: [email protected]
 Republic of the Philippines
Department of Education
REGION III
SCHOOLS DIVISION OF PAMPANGA
5. __ __ __ __ __ __ __

POMACYN- it is a legal entity formed by a group of individuals to engage in and

operate a business – commercial or industrial.

Analysis ( 20 minutes)

1. What is your feeling in answering the activity?

2. What entrepreneurial skills that help you answer the activity?

3. What other entrepreneurial skills have you discovered in the activity presented?

Pen
Bond Papers

Abstraction ( 155 minutes)

Address: High School Blvd., Brgy. Lourdes, City of San Fernando (P)
Telephone No.: (045) 435-27-28; Email Address: [email protected]
 Republic of the Philippines
Department of Education
REGION III
SCHOOLS DIVISION OF PAMPANGA

Introduction to Business Implementation

I. A Very Good Business Plan

The next step for the entrepreneur is to have a very good business plan. It is a wise
thing to do in order to chart the course of the business properly and to focus the efforts
of the entrepreneur.

The purposes of the business plan are:

1. Entice partners, investors, and bankers to fund a business venture.

2. Communicate what the enterprise is all about, what market it wants to serve.
3. Show what financial returns it could muster.
The business plan should contain important information about the following: Slide
Presentation
 The business itself; and Models of
 The organizers; Business Plan
 The management and technical people;
 The financial structure;
 Its market potential;
 Its target market;
 Its projected sales, expenses, and profits; and
 Its probable risks.

The business plan should begin with business concept and the vision for
the enterprise in the next three to five years. It should proceed to an

Address: High School Blvd., Brgy. Lourdes, City of San Fernando (P)
Telephone No.: (045) 435-27-28; Email Address: [email protected]
 Republic of the Philippines
Department of Education
REGION III
SCHOOLS DIVISION OF PAMPANGA
enumeration of business objectives, key result areas, and performance
indicator. An overall enterprise strategy should then be articulated to show
how the performance could be attained.

Next, the business plan should contain an executive summary of the

following:

1. The organizers and the key people behind the nosiness and why these people
have the resources, talents, skills, and technology to achieve success;
2. The market being targeted and why there is enough market potential to justify
the business;
3. How the business will be operated and organized, including all outsourcing,
subcontracting, franchising, and licensing agreements;
4. The products or services to be offered and why they are right for the market;
5. The investment capital required for the business and what exactly it would be
used for;
6. The technology, the technical expertise, the equipment, and material suppliers
to be utilized;
7. The capital structure (short and long term debt, stockholders’ equity) of the
business;
8. The operating budget, financial projections (income statement, balance sheet,
cash flow), and return on investment prospects; and
9. The risks in the business and the contingency measures to counterpart them.

Organizing and Structuring the Enterprise

The Business Plan must be able to estimate the capital required by the
enterprise. The capital required would be dictated by the investment in the
assets of the enterprise. These assets are composed of the following:

1. The current assets, which are short-lived assets. They are composed of cash,
inventory, accounts receivables, and other current assets.
2. The long-lived or fixed assets. They are composed of property, plant, and
equipment.
3. The other assets. They are composed of organizational and pre-operating
expenses.interest rate, therefore, is the obvious choice of the manager when
asked to make a decision.
The assets of the enterprise are financed by its liabilities. These liabilities
are composed of:
 Current liabilities such as suppliers’ credit and other short-term credit;
 Long term debt; and
 Owner’s equity

 Sole Proprietorship

The simplest and easiest enterprise to organize. The owner or the

Address: High School Blvd., Brgy. Lourdes, City of San Fernando (P)
Telephone No.: (045) 435-27-28; Email Address: [email protected]
 Republic of the Philippines
Department of Education
REGION III
SCHOOLS DIVISION OF PAMPANGA
entrepreneur has sole control over the enterprise. He or she reaps all the
profits and, also, all the losses. But he or she will also incur all the risk.
The following are clearances that must be obtained to secure a mayor’s permit
or municipal license before they can operate in a locality.

 Barangay clearance
 Fire safety clearance
 Certificate of electrical inspection
 Certificate of occupancy

 Department of Trade and Industry (DTI) certificate

 Lease contract if space is leased
 Locational clearance

There may be additional requirements depending on the type of business

and the ordinances issued by the concerned local government.

 Partnership
If two or more persons bind themselves into a contract to contribute money,
property, and expertise in a common venture with the intention of dividing the
profits among themselves, then they would have entered into a partnership.

 General partnership
Is composed of partners who are liable individually and collectively to all
those who have claims against them.

 A limited partnership
Consist of partners who have limited liabilities while others in the
partnership have unlimited liabilities. A limited partner is not personally
liable for all the obligations of the partnership beyond his or her prorated
capital contribution to the partnership.
The partnership should obtain all the required government clearances,
permits, and licenses. It should get:
 A bank certificate of deposit on the money contributions of the partners; and
 The approval for its partnership name form the Department of Trade and
Industry.

 Corporation
The third form of business organization. Like the partnership, the
corporation also has a separate legal personality quite distinct from the
investors who contributed money to the enterprise.

Four Types of Corporation

1. Stock Corporation. Issues capital stocks divided into shares (or proportions

Address: High School Blvd., Brgy. Lourdes, City of San Fernando (P)
Telephone No.: (045) 435-27-28; Email Address: [email protected]
 Republic of the Philippines
Department of Education
REGION III
SCHOOLS DIVISION OF PAMPANGA
of the total capital). The corporation is authorized to raise capital that has a
corresponding number of shares.
2. Non-Stock Non-Profit Corporation. Is organized to carry out a purpose or
purposes other than generating profits for investors. All the surpluses (or profit
equivalents) generated by the corporation are not distributed to the funders in
the form of dividends. Rather, they are plowed back into the corporation or the
foundation to contribute further to the attainment of its mission.
3. Close Corporation. Has articles of incorporation that limit the ownership of
issued stocks to at most 20 persons. There are strict restrictions on the transfer
of stocks. The stocks cannot be listed in any stock exchange nor can any
public offering of shares be made.
4. Corporation Sole. It is a special form of corporation allowed by law, usually
associated with the clergy. The Corporation Sole is a trusteeship that is set up
for the purpose of administering and managing the affairs, property, and
temporalities of a church or group of clergy.

Application ( 45 minutes)
Pen
COMPLETE THE SENTENCES: Choose the correct word or phrase from the box Bond papers

Address: High School Blvd., Brgy. Lourdes, City of San Fernando (P)
Telephone No.: (045) 435-27-28; Email Address: [email protected]
 Republic of the Philippines
Department of Education
REGION III
SCHOOLS DIVISION OF PAMPANGA
to complete each sentence.

1. provide capital to entrepreneurs knowing that there are risks involved.

They may come in the form of senior relatives, close friends, and professional
equity investors.
2. A identifies the company very well. It communicates what the company
is all about and what its products are all about.
3. The business plan should begin with the business concept and the _____
for the enterprise in the next three to five years.
4. For the investors, they should be given on expected profits, dividends,
and market values.
5. The financial statements must be in order to capture both the upside and
downside prospects of the business.
6. The way the financial package is designed is called of the enterprise.
7. A is vested with its own legal personality quite distinct and separate from
its individual members.
8. In order to form a partnership, a binding must be signed by
all the partners.
9. The corporate form of business allows various combinations of funds to be
raised from .
10. Based on the submission of Articles of Incorporation to the Securities and
Exchange Commission, the corporation is authorized to raised capital that has a
corresponding number of .

Learning Competencies/Objectives ( Minutes)

 Operate the business. (CS _EP 11/12 ENTREP-Oa 1-19)
Activity ( 25 minutes)
I. Crossword Puzzle. Fill in each blank with a letter that will complete the word/s
being described by the sentences below.

Address: High School Blvd., Brgy. Lourdes, City of San Fernando (P)
Telephone No.: (045) 435-27-28; Email Address: [email protected]
 Republic of the Philippines
Department of Education
REGION III
SCHOOLS DIVISION OF PAMPANGA

1B
2B u s i n e s s m 3o d e l
s p
i e
4m n r
5o f f e r i n g a
d s t
e s i
l p n
m l g
a a
p n

Down
1 an essential written document that provides a description and overview of
company’s future.
3 what people in the operation’s department value like supply chain and customer
fulfillment
4 one page document containing inter-connected building blocks that act as a
replacement for a whole business plan.

Across
2 it describes how an organization creates, delivers and captures value in economic,
social, cultural or other contexts
5 composed of what people in marketing and sales department typically handle.

Analysis ( 25 minutes)

1. What is your feeling in answering the activity?

2. What entrepreneurial skills that help you answer the activity?

3. What other entrepreneurial skills have you discovered in the activity presented?

Abstraction ( 45 minutes)

Application ( minutes)

Address: High School Blvd., Brgy. Lourdes, City of San Fernando (P)
Telephone No.: (045) 435-27-28; Email Address: [email protected]
 Republic of the Philippines
Department of Education
REGION III
SCHOOLS DIVISION OF PAMPANGA

Learning Competencies/Objectives ( Minutes)

 Learning Competency C
Activity ( minutes)

Analysis ( minutes)

Abstraction ( minutes)

Application ( minutes)

REFERENCES
 https.//wwwrexstore.com/senior-high-school/2019entrepreneurship
 G12 Q3 Module 2e - Entrepreneurship

Prepared by:

RAMIL M. BALAJADIA
Master Teacher II
Nicanor David Vergara HS

Address: High School Blvd., Brgy. Lourdes, City of San Fernando (P)
Telephone No.: (045) 435-27-28; Email Address: [email protected]