ENTREPRENEURSHIP

Module 3: Developing a Business Plan

March 11-15, 2019

Content Standard: The learner demonstrates understanding of key concepts, underlying principles,
and core competencies in Entrepreneurship. The learner demonstrates understanding of key
concepts, underlying principles, and core competencies in Entrepreneurship

Performance Standard: The learner independently creates/provides a quality and marketable

product and/or service in Entrepreneurship. The learner independently creates/provides a quality and
marketable product and/or service in Entrepreneurship as prescribed in the TESDA Training
Regulation.

Specific Objectives: At the end of the semester, the students are expected to:
1. Validate customer-related concerns through: Interview; Survey; Focused Group;
Discussion(FGD)
2. Describe the Marketing Mix (7Ps) in relation to the business opportunity vis-à-vis:
Product; Packaging; Price;People; Place; Promotion; Physical Evidence
3. Develop a product description
4. Create a prototype of the product
5. Describe the 5Ms (Manpower, Method, Machine, Materials, Money) of operations in
relation to the business opportunity:
6. Select/pinpoint potential suppliers of raw materials and other inputs necessary for the
production of the product or service;
7. Recruit qualified people for one’s business enterprise.
8. Discuss the value/supply chain in relation to the business enterprise;
9. Test the product prototype;
10.Validate the service description of the product with potential customers to determine its
market acceptability;

Daily Learning Log (DLL)

Elements Day1 Day 2 Day 3 Day 4 Day 5
 Develop a product description; Develop the business model
 Create a prototype of the product;
 Describe the 5Ms (Manpower, Method, Machine,
Materials, Money) of operations in relation to the
business opportunity:
 Select/pinpoint potential suppliers of raw materials
Objectives and other inputs necessary for the production of
the product or service;
 Recruit qualified people for one’s business
enterprise.
 Discuss the value/supply chain in relation to the
business enterprise;
 Test the product prototype;

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Validate the service description of the product with
potential customers to determine its market
acceptability;
Topic Developing a Business Plan
A1: A3: Business A4: A5: Video clip A8:
Product/Servic Plan Presentation of presentation Presentation
e Description Modification the Modified (Big Group) – 10 – (Big Group
Analysis through (Small Group and Detailed minutes Activity) - 40
brochures, Activity) – 50 Parts of the BP minutes
pictures, minutes (Small Group
Before
pamphlets and Activity) – 50
etc. (Small minutes
Group Activity) -
25 minutes

A2: A6. Lecture (Big

During
Presentation Group Activity) 25
of Product minutes
Description A7. A9. Teacher
(Small Group Brainstorming Wrap up –
Activity) - 25 (Small Group (Big Group
After
minutes Activity) – 15 Activity) – 10
minutes minutes

Critical thinking, Critical thinking,

21st communicating, communicating,
Collaborative, critical thinking, communicating, cross-
Century cross-cultural cross-cultural
cultural understanding; service and joy, temperance
Skills/ Core understanding; understanding;
and obedience
Values innovativeness and innovativeness
confidence and confidence
Business Models
Evaluation Business Plan Modification (FA) Brainstorming (FA)
(WW)
Note

V. Scriptural and Fr. Al’s Message:

Scriptural Message:

Romans 12:4-5  “For just as each of us has one body with many members, and these
members do not all have the same function, so in Christ we, though many, form one body,
and each member belongs to all the others.”

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Fr. Al’s Message:

This is our goal and aim here at the Sisters of Mary. Above all else, we live by this rule of
charity and this law of love. Our goal and our ideal is the Trinity – the Father, the Son and
the Holy Spirit. As they love each other, we try to love. They are a loving community and a
family of love. So too, we, as children of the Sisters of Mary, must try to become a loving
community and a family of love. If we do this, we give glory to God, we give witness to
Jesus and above all, we have this marvelous peace and joy of God in our hearts. (Homily,
August 11, 1991)

Day 1

A1: Product/Service Description Analysis through brochures, pictures, pamphlets and etc. (Small
Group Activity) - 25 minutes

Note: Using the Business Plan groupings, the students will analyze the given materials for product
description. After which, they will create their own product description with the use of guidelines.
Each group will be given a sample of product description. Follow the assigned topics. The teacher
may classify the assigned topics based on the trade area. Use the following questions while analyzing
each product description:
1. Are the elements of a good product description present?
 Great product descriptions are rich in keywords.
 Great product descriptions engage the audience.
 Great product descriptions focus on benefits.
 Great product descriptions provide detailed specifics.
 Great product descriptions are updated frequently.
2. What are the strengths and weaknesses of the product description?
3. What are your suggestions to improve the product description?

A2: Presentation of Product Description (Small Group Activity) - 25 minutes

Note: The teacher may use pamphlets, brochures or the following suggested pictures for product
description.

Day 2

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A3: Business Plan Modification (Small Group Activity) – 50 minutes

Note: Using the 7Ps, 5Ms, let the groups modify and detail the following parts of their business plan.
1. Service or Product Line with the following elements
a. Schematic description (in various perspectives)
b. Verbal description
2. Strategy and Implementation Summary
3. Organization and Management

Day 3

A4: Presentation of the Modified and Detailed Parts of the BP (Small Group Activity) – 50
minutes

Note: Each group will now present their business plan based on their modification and finalization
done yesterday. Each group will be given enough time to present their output. However, they will be
evaluated based on the following:

Day 4

A5: Video clip presentation (Big Group) – 10 minutes

Note: Let the students watch a short video clip about the Business Models. Use the guide questions
below to guide students viewing.
1. What are business model?
2. What are the categories of business model?

A6. Lecture (Big Group Activity) 25 minutes

Note: After determining what a business model is, give a short lecture about business models and its
types.

Suggeted Teacher Lecture Pattern:

 What are business models?
 What are the types of Business Models?
 What are the examples of Business Models?

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A7. Brainstorming (Small Group Activity) – 15 minutes
Note: Group the class according to their original group setting (based on their trade area). Each
group will determine what business model is best appropriate to their conceived business. Let the
group write their business models in a Manila paper and assign two members from the group who
will share the output to the class.

Day 5

A8: Presentation – (Big Group Activity) - 40 minutes

Note: Let each group present their output. Use the guide questions below as bases for the
presentation and in giving input or suggestion.
1. Describe what business model is best appropriate to your business.
2. Will it be possible to your business? Why?

A9. Teacher Wrap up – (Big Group Activity) – 10 minutes

Note: After identifying all business models that suits to their business. The teacher will give the
benefits of business models.

Benefits of Business Models

A business model is an outline of specific processes, functions or activities a company uses to produce
consumer goods and services in the business environment. Organizations typically create a business model to
ensure they can produce goods and services in the most efficient and effective manner possible. Business
models can offer benefits if companies properly implement and maintain a model. While standard industry
models exist, business owners and managers may choose to design their own.

Prepared By: Noted By:

MISS CRYSTAL MAE S. SALAZAR MISS ANALYN N. CAVAN

Entrep Teacher Assistant School Principal

Prepared By: Approved By:

MISS KIMBERLY JANE M. DE LA RITA SISTER EVA R. ARINGO,SM.

Subject Area Coordinator School Principal

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