9th

grade

DISCUSS THE
IMPORTANCE OF A
BUSINESS PLAN

PLAN A BUSINESS
WORDS TO STUDY:

01 MICRO
means very small/limited in
quantity

02 ENDEAVOR
means an effort to do a task
You can divide the content

01 BUSINESS PLANNING
is the process of setting up
goals for a particular
business
02 BUSINESS PLAN
means any plan that works for a
business to look ahead.
A. The Benefits Derived from Planning a
Business.

 Making a business a plan can minimize or

eliminate risks. It involves a careful study of
the competence, interest and resources of the
entrepreneur against the needs of the
consumers.
A. Marketing study

The sufficient demands for

the product as well as the
competitive position of the firm
in the industry must be
determined.

A feasibility study has a project
summary which deals with the
introductory statement of the
problem, the business name, the
business logo, the business
location, descriptive definition of
the project and objectives.
 A business plan can also minimize the
cost of production.

This includes how each of the

resources of production such as
manpower, money, materials
and machines are used .
 A business plan can also identify the
defects of the business operations.

Goals and objectives are

formulated. Procedure, strategies
and techniques are planned.
Reevaluation may be done to avoid
encountering the same problem.
[Link] Basic Principles in Running a Small
Enterprise

1. Planning must be realistic. It

must be based on available human,
financial and physical resources.
Planning without enough resources
may result to the failure fail of an
enterprise.

2. Planning must be based on the
needs of the community. It should fit the
needs of the people in a community
which can be known through
observations, personal interviews and
questionnaires.

3. Planning must be flexible. You,
as the entrepreneur should be able
to adjust and to plan if
development changes occur or
changes in government laws or
policies happen. Planning should
respond to the trends in
consumer’s tastes and


4. Planning must start with

simple projects. This requires
simple management and
technology, thus, the micro
business is advised
END OF
LESSON
THANK YOU!
FEASIBILITY
STUDY
 
Feasibility study is an
analysis and evaluation of
a proposed project to
determine its profitability
 5 Major
Components of
Feasibility
Study
 2.
Concept Paper
It is a written plan for a
business on how it will
be
managed. It is a tool to
represent a certain
venture anticipating its
future.
The Different Parts
of the Concept
Paper
 [Link] –
This is the part that
discusses the significant
details of the
product/service and why
the product/service is
needed by the
community.
It clearly state the topic
and its significance. The
main argument and
briefly outline the key
points that will be
discussed in the body of
the paper.
 [Link]
- This part gives the
details of the business
both specific and
general.
 To evaluate…
To analyze…
To identify…
To provide…
To create…
To showcased…
 [Link]
– This part focuses on
the advantages of
putting a certain
business.
When you are asked to
give the reasoning or
justification for an
action or choice you
make.
[Link] & conditions
- In this part, specific
agreement from
particular to general
things are clarified.
-Rules and guidelines
- Details – payment,
terms, delivery
 [Link]
– This part is very
important because it
helps to improve the
project in the future.
The suggested actions
or solutions that are
presented based on
the analysis of data
and findings.
END OF THE LESSON
3. Business Plan
 A business plan
describes the nature of
the business, the sales
and marketing strategy,
the financial background,
containing a projected
profit and loss
statement.
 Components of
Business Plan:
 a. The
environment –The
needs of the
people in the
community should
be identified.
 b. Behavior of the
product – You should
know the market trends,
product demand in the
community, the
resources, quantity and
quality goods in buying,
 c. Location of the
business – You
should consider the
place where
customers prefer to
buy.
d. Organizational
plan – The needed
workers in the
business must be
listed in the
organizational
chart.
 e. Production plan –
This involves the
manpower, money,
machinery, materials and
methods to be able to
produce the desired
output based on
anticipated profit.
f. Financial plan – You as
an entrepreneur need to
determine the fiscal
needs of the business and
the sources of needed
funds.
PROCEDURE
IN
REGISTERING
A BUSINESS
 1. Register your
business name with the
Department of Trade and
Industry (DTI). The
certificate issued after
registration becomes your
proof of business
ownership.
  2. Register with your
municipal city government.
When you have a municipal
license or a mayor’s permit,
this serves as your
authorization to conduct or
operate the business.
 3. Register with the
Bureau of Internal
Revenues (BIR). This
will help systematize
your financial
operation and payment
of taxes.
  You have to
register at the Social
Security System (SSS)
if you have five or
more employees.
 Register the Article
of Partnership or
Article of Incorporation
with the Securities and
Exchange Commission
(SEC).
 Register with the
Department of Labor
and Employment.
(DOLE)
BENEFITS OF
REGISTERING
A BUSINESS
 1. When you register
your business with the
Department of Trade and
Industry, the certificate
issued to you becomes
your proof of business
ownership.
 2. The municipal
license or Mayor’s
permit issued to you
serves as an
authorization for you
to operate your
business.
 3. Your registration
with the Bureau of
Internal Revenue will
help you systematize
your financial
operations and the
payment of taxes.
 4. If you have
registered your business
enterprise with
Cooperative Development
Authority (CDA)which is
optional, you can enjoy
the following privileges:
 It is a must to register
your business for your
own benefit and
protection. When your
business has been
registered you are now
ready to own your
business and face
challenges coming your
way.
END OF LESSON.
Thank you and
Goodluck!