ENTREP Mod5 LESSON4_Q2W9

Republic of the Philippines
Department of Education
Region III - - Central Luzon
Schools Division OF CITY OF
MEYCAUAYAN MEYCAUAYAN
NATIONAL HIGH SCHOOL
Camalig, city of meycauayan, Bulacan
Entrepreneurship
MODULE 5: BUSINESS IMPLEMENTATION
(Week 9)
QUARTER 2 - CS_EP11/12B-ENTREP-IV-j-4
(“The 5 Keys to Successful Business Process (BPM) Implementation”)
Introduction
Writing an effective business report is a WORDS YOU WILL
necessary skill for communicating ideas in the ENCOUNTER
business environment. Reports usually address
a specific issue or problem, and are often gross margin
commissioned when a decision needs to be made. They vague
present the author’s findings in relation to the issue or conclusion
problem and then recommend a course of action for the recommendation
organisation to take. The key to a good report is in-depth appendices
analysis. Good writers will show their reader how they
have interpreted their findings. The reader will understand
the basis on which the conclusions are drawn as well as 
the rationale for the recommendations.
Learning Targets
At the end of this module the learners should,
- create an overall report on the activity;

- write overall business report;
- starting and operating a simple business;
- runs a business according to the business plan and presents a terminal
report of its operation;
MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 1

SENIOR HIGH SCHOOL Teacher I
Lesson Planning My Business

4 Report
Week 9
Try this!
Direction: Encircle the letter of the correct answer.
1. What does the area of Background research or History explain?

a. Describes yourself and what experiences you bring to the venture
b. Describes the customers basis that the product will suit
c. Includes the address of the business and the owner's contact information
d. It includes all of the above
2. What are the advantages of creating a business plan?

a. It allows the entrepreneur to focus on what they want to accomplish
b. Allows the process they will take to do it become simple and easy
c. Allows them to accomplish their desired task
d. All of the above
3. Where do you state the vision for the company, how much money you
need, and how you hope to pay the money back well as the opportunity?
a. Executive Summary c. Financial Plan
c. History d. Table of Contents
4. True or False: If your executive summary is more than three pages it will
most likely not be read
a. True: too much is not needed when writing an executive summary the readers will
be bored
b. False: More is always needed when writing an executive summary
c. both of the above
d. none of the above
5. Why are business plans used for potential investors and banks?
a. they are not used by investors and banks c. for start up funds
b. They are only used by banks NOT investors d. none of the above
6. Which of the following is NOT a part of the business plan?

a. Index Venture c. Funds
b. Creation Process d. all of the above
7. Which part of the business plan includes the 4 P's Place Product Production Price?
a. Marketing Research/analysis c. History
b. Table of Contents d. Contact Information

8. What are the disadvantages of creating a business plan?
a. It will be more complicated to identity the companies competition
b. distracts entrepreneur's from allowing their business to grow
c. Leads away from the desired task that was the goal to be accomplished
d. none of the above
9. How many essential parts are there to a business plan?

a. 5 b. 6 c. 7 d. 8
10. What part of the plan focuses on what you are selling and the benefits
that the customers will receive (the cost of the marketed items/acts)?
a. Company Description c. Product/Services
b. Strategy d. Market Analysis
Discussion
1 Planning your business report
As in all writing, planning is vitally important. The key questions to ask
yourself when planning a business report are:  what is the purpose of this report 
who are the readers of this report  what are the report’s main messages  how will
the report be structured?
1.1 What is the purpose of this report?
For example: As a result of this report, my reader/s will know: - how well our
recycling programme is doing - how to increase participation in it.
1.2 Who are the readers of this report?
Consider the main reader/s, but also secondary readers. Try to understand what
the readers already know, what they need to know, and how they will use this report.
You will need to give enough information to satisfy all these potential readers. You will
need to use headings carefully so that different readers can use the report in different
ways.
1.3 What are the report’s main messages?
 Taking into account the information above, think carefully about the main message/s
you need to convey, and therefore what information is required.
Ask yourself:

What are the required pieces of information I need to include?
What are the additional pieces of information I need to include
Structuring your business report

A business report may contain:  a covering letter or memorandum  a title page  an
executive summary  a table of contents  an introduction  conclusions 
recommendations  findings and discussion  a list of references  appendices.
Covering letter/memorandum
Often a letter is attached to a report to officially introduce the report to the
recipient. If the recipient is outside the organisation, a letter format is appropriate; if
the recipient is inside the organisation, a memorandum/memo is appropriate. The
covering letter or memorandum should:  remind the reader of their request for the
report  state the purpose of the report  acknowledge any assistance  indicate future
actions to be taken.
Title Page
The title page should be brief but descriptive of the project. It should also
include the date of completion/submission of the report, the author/s, and their
association/organisation.
Executive Summary
The executive summary follows the title page. The executive summary helps
the reader quickly grasp the report’s purpose, conclusions, and key recommendations.
The executive summary should be no longer than one page. The executive summary
differs from an abstract in that it provides the key recommendations and conclusions,
rather than a summary of the document.
Table of Contents
The table of contents follo11ws the executive summary on a new page. It states
the pages for various sections.
Introduction
The introduction sets the stage for the reader.
The introduction should:

 briefly describe the context  identify the general subject matter
 describe the issue or problem to be reported on  state the specific questions the
report answers
 outline the scope of the report (extent of investigation)  preview the report
structure
 comment on the limitations of the report and any assumptions made.
(Adapted from Emerson, 1995, p. 35)

Conclusions/recommendations
A business report usually needs both conclusions and recommendations. The
difference between conclusions and recommendations in a report lies in the
orientation to time. Conclusions typically relate to the present or past situation.
When writing conclusions:

 interpret and summarise the findings; say what they mean
 relate the conclusions to the report issue/problem
 limit the conclusions to the data presented; do not introduce new material
 number the conclusions and present them in parallel form
 be objective: avoid exaggerating or manipulating the data.
(Guffey, Rhodes & Rogin, 2001, p. 391)
Recommendations are oriented to the future: what changes are recommended, or

what actions are recommended for the future? They are specific, action-oriented
suggestions to solve the report problem.
When writing recommendations:

 make specific suggestions for actions to solve the report problem
 avoid conditional words such as maybe and perhaps
 present each suggestion separately and begin with a verb
 number the recommendations
 describe how the recommendations may be implemented (if you were requested
to do this)
 arrange the recommendations in an announced order, such as most important to
least important.
(Guffey, et al. 2001, p. 392)
Conclusions Recommendations

Home and family responsibilities directly Provide managers with training in

affect job attendance and performance. working with personal and family
matters.
Time is the crucial issue to balancing Institute a flexitime policy that allows
work and family income. employees to adapt their work schedule
to home responsibilities.
A manager supportive of family and Publish a quarterly employee newsletter
personal concerns is central to a good devoted to family and child-care issues.
work environment.
(Adapted from Guffey, et al. 2001, p. 391-392)
Findings and discussion

The discussion is the main part of your report and should present and discuss
your findings. It should give enough information, analysis, and evidence to support
your conclusions, and it should provide justification for your recommendations.
References
Whenever you use information from other sources, references must be provided
in-text and in a list of references. The style of referencing may be dictated by your
faculty or organisation. Use APA referencing or see the APA manual (APA, 2010). You
can download a copy of the Writing Skills Workbook from the VBS website.
Appendices
When you choose to include information in appendices, you should refer to it
clearly in your text (refer Appendix A). A single appendix should be titled APPENDIX.
Multiple appendices are titled APPENDIX A, APPENDIX B, etc. Appendices appear in the
order that they are mentioned in the text of the report.
Appendices should:
 provide detailed explanation serving the needs of specific readers
 be clearly and neatly set out
 be numbered/lettered
 be given a descriptive title
 be arranged in the order they are mentioned in the text
 be related to the report’s purpose—not just ‘tacked on’.
(Adapted from Emerson, 1995, p. 41)

Apply what you have learned
Activity A. Start Putting Up Your Business Plan
Now you are ready to put in writing everything about your business. Fill
out the form.
BUSINESS PLAN WORKSHEET

OUR BUSINESS
Name of Business:
Our proposed business is:
The skills to be learned:
The location of the business:
OUR MARKET
Our consumers, where, and when:
We will promote our business and products through:
BUSINESS OPERATION
We will produce the product:
Everyday (quantity):
Everyday (quantity):
We produce in a year’s time a total number of:
We will hire (kind of workers and number):
We will divide the work this way:
The people who will manage the business are (any position, e.g. managers,

treasures, and the tasks assigned to them):
BUSINESS EXPENSES
Our start-up expenses would include the following:
Total Php:
Our operating expenses for one year would include the following:
Total Php:
We will borrow money from:
At an interest rate of:
Our monthly payments will be:
Interest will start on:
SALES INCOME
We will sell the product/service at Php
BUSINESS BENEFITS
Our business will contribute the following:
Our business will be facing the following risks:

After successfully filling-out the business form, your next step is to

decide on the things you need to start the business. For each type of cost,
decide on: the specific things you need, how much each would cost, and where
you would get them.
If you are to contribute something such as a chair, to the business to
lower your expenses, do not forget that this is still part of your investment and
it must be given value. Accomplish the production plan form below. Determine
the cost to operate the business.
Production Plan Form

Start-up Expenses
Resources Needs Source Cost

Materials _________________ _____________________ __________________
Transportation _________________ _____________________ __________________
Facilities _________________ _____________________ __________________
Workers _________________ _____________________ __________________
Workers’ Training _________________ _____________________ __________________
Packaging _________________ _____________________ __________________
Promotion _________________ _____________________ __________________
Total ____________________
Consider this question:

How many times will you make in one production cycle?
Use the chart to calculate the costs for one production cycle first and then for one year
of production. Make sure you count your labor as part of your expenses. Estimate an
hourly-wage and then multiply that by the number of hours worked.

Activity B: Create your plan for your Business Report
Direction: Use another clean paper/bond paper, when writing your Business
Report.
Consider this following questions and click the link below for example:
1. What is the purpose of your business report?
2. Who are the readers of my report?
3. What are the report’s main message?
(For better understanding click the link:

https://www.wgtn.ac.nz/learning-teaching/support/approach/steps-to-teaching-success/resources/WSBG-
report-writing-guide-2017.pdf_)
Assessment
Direction: Read and understand carefully the statements. Choose and
write the letter of the correct answer on the space provided.

______________1. It helps the reader quickly grasp the report’s purpose, conclusions,
and key recommendations.
a. title page b. executive summary c. table of content
______________2. It states the pages for various sections
a. discussion b. table of content c. introduction
______________3. Its identify the general subject matter
a. introduction b. discussion c. executive summary
______________4. It’s should be brief but descriptive of the project.
a. title page b. discussion c. introduction
______________5. It is specific, action-oriented, suggestions to solve the report problem.
a. discussion b. introduction c. recommendation
______________6. It gives enough information, analysis, and evidence to support your
conclusions, and it should provide.
a. executive summary b. recommendation c. discussion
______________7. Which of the following are NOT include when writing conclusions.
a. relate the conclusions to the report issue/problem
b. number the recommendations
c. limit the conclusions to the data presented; do not introduce new material
______________8. Which of the following are NOT include when writing

recommendations.
a. avoid conditional words such as maybe and perhaps
b. present each suggestion separately and begin with a verb
c. be objective: avoid exaggerating or manipulating the data.
______________9. ___________should be provide detailed explanation serving the needs

of specific readers. It should be related to the report’s purpose—not just ‘tacked on’.
a. discussion b. introduction c. appendices
______________10. It must be provided in-text and in a list whenever you use
information from other sources. You can use different style whatever dictated by your
faculty or organisation.
a. references b. appendices c. conclusion
Reflection
Self-Check

The final section of the lesson would be a self-check or self-evaluation of the
learner to see if he/she has understood the unit enough to see it working in their own
lives. It is also a way of closing out the unit by reiterating the objectives and seeing
whether these were met upon completion of the unit by the learner. In the skills
column, you can state here the competencies the learners’ should have achieved at
the end of the unit.
Check As an Entrepreneur, I can…
Reflect
Finding solution to the problem...
Today I have learned that ________________________________________________________.
I find __________________________ the most interesting because ______________________.
I got ____ checks because _______________________________________________________.
I need to improve on _______________________because _____________________________.
I need to practice _________________________ because _____________________________.
I plan to _____________________________________________________________________ .
Reference:
Website:

APA. (2010). Publication manual of the American Psychological Association (6th ed.). Washington, DC:
American Psychological Association.
Emerson, L. (Ed.) (1995). Writing guidelines for business students. Palmerston North: The Dunmore Press.
Guffey, M. E., Rhodes, K., & Rogin, P. (2001). Business communication: Process and product (3rd Canadian
ed.). Scarborough, Ontario: Nelson Thomson Learning.
Munter, M. (1997). Guide to managerial communication: Effective business writing and speaking (4th ed.).
Upper Saddle River, NJ: Prentice Hall.
Write Limited, (2013). The Write Style Guide for New Zealanders: A manual for business editing. Wellington,
New Zealand: Write Limited.
How to Write a Business Report. 2017.
‌ Book:
Guzman, I. D. (2016). The Young Entrepreneur. Quezon City: Golden Cronica

Publishing.
Jr., E. M. (2016). Entrepreneurship . Manila: Rex Book Store.
Macatangay, L. (2015). Entrepreneurship. Makati: Don Bosco Press.


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Republic of the Philippines

(“The 5 Keys to Successful Business Process (BPM) Implementation”)

- create an overall report on the activity;

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 1

Lesson Planning My Business

1. What does the area of Background research or History explain?

2. What are the advantages of creating a business plan?

6. Which of the following is NOT a part of the business plan?

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 2

9. How many essential parts are there to a business plan?

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 3

Structuring your business report

The introduction should:

 comment on the limitations of the report and any assumptions made.

(Adapted from Emerson, 1995, p. 35)

When writing conclusions:

Recommendations are oriented to the future: what changes are recommended, or

When writing recommendations:

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 5

Home and family responsibilities directly Provide managers with training in

Findings and discussion

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 6

BUSINESS PLAN WORKSHEET

The skills to be learned:

The location of the business:

We will promote our business and products through:

We will divide the work this way:

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 7

At an interest rate of:

Our monthly payments will be:

Interest will start on:

Our business will be facing the following risks:

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 8

After successfully filling-out the business form, your next step is to

Production Plan Form

Resources Needs Source Cost

Consider this question:

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 9

1. What is the purpose of your business report?

2. Who are the readers of my report?

3. What are the report’s main message?

(For better understanding click the link:

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 10

b. number the recommendations

______________8. Which of the following are NOT include when writing

______________9. ___________should be provide detailed explanation serving the needs

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 11

Check As an Entrepreneur, I can…

Finding solution to the problem...

Today I have learned that ________________________________________________________.

I find __________________________ the most interesting because ______________________.

I got ____ checks because _______________________________________________________.

I need to improve on _______________________because _____________________________.

I need to practice _________________________ because _____________________________.

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 12

How to Write a Business Report. 2017.

Guzman, I. D. (2016). The Young Entrepreneur. Quezon City: Golden Cronica

MEYCAUAYAN NATIONAL HIGH SCHOOL FLORIE S. ASUNAN 13

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____9. _should be provide detailed explanation serving the needs

I find ____ the most interesting because .

I got checks because ___________________________________________________.

I need to improve on _because _______.

I need to practice _ because _____.