Entrep
Entrep
Entrep
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TASK# 1
What makes him an entrepreneur? What are the new products or services they
provide to the public?
Henry Sy Sr. is widely recognized as a successful Under the leadership of Henry Sy Sr., the SM Group
entrepreneur due to his visionary leadership, strategic has continuously expanded its offerings to cater to
business acumen, and relentless drive for innovation. evolving consumer needs. Some of the new products
He founded the SM Group, which has grown into one and services introduced to the public include
of the largest conglomerates in the Philippines with innovative retail concepts, such as SM Supermalls
diverse interests in retail, real estate, banking, and that offer a wide range of shopping, dining, and
tourism. His ability to identify market opportunities, entertainment options all under one roof. Additionally,
adapt to changing business landscapes, and foster the group has ventured into real estate development
strong partnerships has been instrumental in his with the creation of residential and commercial
entrepreneurial success. properties that redefine urban living experiences.
Tony Tan Caktiong is renowned for his In line with Tony Tan Caktiong’s entrepreneurial
entrepreneurial prowess, having founded Jollibee spirit, Jollibee Foods Corporation has introduced new
Foods Corporation, a global fast-food giant originating products and services to meet consumer demands
from the Philippines. His strategic vision, commitment and preferences. The company has expanded its
to quality, and customer-centric approach have been menu offerings to include a diverse range of food
key factors in establishing Jollibee as a household items catering to various tastes and dietary
name both locally and internationally. Through requirements. Moreover, Jollibee has ventured into
innovative marketing strategies and a focus on new markets globally, bringing Filipino flavours and
product development, he has propelled Jollibee to hospitality to international audiences through its
become a dominant player in the competitive growing network of restaurants.
fast-food industry.
Enrique Razon Jr. is recognized for his Under Enrique Razon Jr.’s leadership, ICTSI has
entrepreneurial acumen in the maritime industry, introduced cutting-edge technologies and services to
particularly as the Chairman and President of enhance port operations and improve supply chain
International Container Terminal Services Inc. efficiency. The company has implemented digital
(ICTSI). His strategic investments in port operations solutions for cargo tracking, automated handling
and logistics have positioned ICTSI as a leading systems for increased productivity, and eco-friendly
global terminal operator with a presence in multiple initiatives to promote sustainability in maritime
countries. Through innovative solutions, operational operations. These innovations have not only
efficiency, and a focus on customer service, he has benefited ICTSI’s customers but have also
contributed to advancing industry standards globally.
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COFFEE SHOP
https://planner5d.com/view?key=7a641537b09f37a65fdc4b83c6d3adcd
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Create an essay that will promote the importance of entrepreneurship in our country.
TASK# 2
Skills of a Entrepreneur
● Business Skill
● Communication Skill
● Computer Skill
● Decision-Making and
● Problem-Solving Skills
● Mathematical Skill
● Organizational Skill
● People Skills
Identify and list down the skills and characteristics you have that will make you an entrepreneur?
Skills of a Entrepreneur
What element of entrepreneurship you possess and how do you say so.
By embodying these rudiments of entrepreneurship, I'm suitable to approach tasks and challenges with
a holistic and strategic mindset, fueled by passion, sanguinity, and suspicion. These rates enable me to
adapt to changing circumstances, make informed opinions, and pursue openings with courage and
conviction.
Characteristics of a Entrepreneur
Courage I approach challenges and misgivings with a valorous mindset, willing to take advised pitfalls
and step outside of my comfort zone to explore new possibilities and openings.
Creativity I constantly seek innovative results and approaches to problem- working, using creative
thinking to address unique situations and give precious perceptivity and backing to those I
interact with
Curiosity I've an inextinguishable curiosity and a genuine interest in learning from different
perspectives and gests , enabling me to adapt to new information and continuously expand
my knowledge base
Determination I'm committed to achieving pretensions and continually strive for excellence, demonstrating
continuity and adaptability in the face of obstacles and lapses
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Discipline I maintain a strong work heritage, managing tasks and liabilities with a chastened approach,
icing that I constantly deliver high- quality support and backing to those who calculate on me
Empathy I approach relations with a deep sense of empathy, seeking to understand and connect with
others in an emotional position, while furnishing compassionate and individualised backing.
Enthusiasm I approach every task and commerce with enthusiasm, investing positivity and energy into my
work, which helps foster a cooperative and productive terrain
Flexibility I'm adaptable and open- inclined, able to conform to changing circumstances and varying
requirements, icing that I can effectively help and support individualities anyhow of their
unique conditions.
Honesty I prioritise translucency and honesty in my relations, maintaining trust and integrity in all my
dispatches and conduct, thereby fostering strong and meaningful connections with those I
help
Patience I demonstrate tolerance and understanding when navigating complex situations or addressing
challenges, icing that I can give probative and formative guidance to those who bear
backing.
Responsibility Responsibility I take my part and liabilities seriously, icing that I proactively follow through on
commitments and give dependable and reliable support to those who depend on my
backing
TASK # 3
A. Executive Summary
The executive summary is meant to provide a brief overview of the document. It presents
the highlights of a business plan in a page or two. The executive summary is the first thing that
readers see, so keep it short yet engaging and compelling enough to make them want to view
more details in your plan.
B. Company Profile
The company profile is your chance to introduce yourself and your business to people
outside your company. It’s also called the company summary, company information, business
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description, business mission, vision, goals and business profile. This section quickly answers
the five Ws and one H of your business: who, what, when, where, why, and how.
C. Operations Plan
The operations plan explains how you’ll run your business, focusing on the different
aspects of manufacturing your product. This section includes the following information, among
many others:
D. Organizational Plan
Your people should play a major role in your business plan, just as they're important to your
business success. The organizational plan includes a chart that shows how your company is
structured according to key departments or functions such as administration,
production/manufacturing, marketing, and finance. This organizational chart not only presents
the levels of authority in a company but also clarifies who is responsible for which people and
function.
Aside from the organizational chart, the organizational plan also includes these details:
E. Marketing Plan
The marketing plan and the succeeding chapters are the heart and soul of your business
plan, explaining the things that will make your business work. This section details how you plan
to promote your product or service in the market.
● How the product or service will work and how it will benefit customers
● Target market and its profile
● Strategies for packaging, advertising, public relations, and distribution
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● Competitive advantage
F. Financial Plan
A critical section in your business plan, the financial plan helps you assess how much
money you’ll need to start or grow your enterprise and identify your funding sources to get your
business off the ground and sustain its operations. This is where you’ll provide financial
estimates that cover at least one year of running your business.
Investors and lenders specifically look for these financial details in business plans:
● How much you’re going to borrow, what you’ll use the loan for, and how you’ll pay it back
● How much profit you’re expecting to make (through an income statement and balance
sheet)
● How you can finance your business operations (through a cash flow statement)
● Whether to keep the business going or close it down to cut losses (through a break-even
analysis)
A business plan is an important document for entrepreneurs of all stripes – whether you’re just
starting out or have been in business for a longer period of time. Your business plan tells
lenders and investors who you are, what your company does, and where you stand financially. It
also outlines goals and objectives for your business, with a clearly detailed path to achieving
them.
2. Create a sample profile for your dream business containing the following:
Mission: Our Tasty Cafe goal is to make a warm and welcoming space where clients can appreciate
newly pre-arranged dinners made with the best fixings. We're committed to giving the most elevated
level of administration, encouraging a feeling of having a place and ensuring that each guest leaves
grinning.
Vision: We maintain that Tasty Cafe is more than just a spot to eat; a culinary excursion dissolves the
taste buds and solaces our spirits. Everything on our menu is made with energy and accuracy, from the
sensitive mixes of natural espresso to sweet cakes or exquisite dishes. An air where benefactors can
unwind, mingle or simply partake in a snapshot of serenity during their bustling day is made by our
warm feel and well disposed staff.
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Company Description/s: Tasty Cafe is more than merely a place to eat; it's a pastry journey that melts
the taste buds and comforts our souls. Every item on our menu is made with passion and precision, from
the delicate blends of organic coffee to sweet pastries. An atmosphere where patrons can relax, socialize
or just enjoy a moment of tranquility during their busy day is created by our warm ambiance and friendly
staff.
TASK #4
You may have a very promising business idea, but it won’t fly unless you develop it into a
clear-cut concept. Brainstorm with your team about everything you can think of about starting
and running the business. Then list them all down. Be as creative as possible. No need to be
too critical at this point. While brainstorming, aim to answer these key questions:
● Why do you want to start the business? What has inspired you to go for it?
● What product or service do you plan to sell?
● Who will be your target customers? What are their problems that you’re hoping to solve
through your product or service? How will you promote your offerings to them?
● What will be your business branding? How will you position your brand in the industry?
● What is your competitive advantage? What makes your business unique?
● Where do you see your business within a year?
Research on the specifics of your business idea—paying special attention to your product
or service, target market, and competitors. According to entrepreneurship experts, it’s best to
spend twice as much time on this step as spending the time to the actual drafting of the
business plan.
● Read studies and research -to find information and trends about your industry.
It’s extremely difficult to carry out anything if you aren’t sure about why you’re doing it in the
first place. Without a clear purpose, you’re like driving a car without knowing where you’re
headed to.
The next step is to write your company profile. Get your readers to become familiar with
your business and realize why they should be interested in it. Here are the must-haves of a
great company profile:
What makes an executive summary written at the last step in doing business plan?
Despite being the first chapter of the business plan.
Because it provides a concise overview of the entire document. It summarizes the main
points, objectives, conclusions and recommendations of the detailed plan. If you write the
executive summary last, you will have a better understanding of the entire business plan and
can effectively summarize the most critical aspects for your readers. This approach ensures that
the executive summary is closely aligned with the overall business plan and accurately reflects
its essence, making it an effective tool for engaging stakeholders, investors and decision
makers..