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School BAYANAN ELEMENTARY SCHOOL UNIT 1 Grade Level Secondary

DAILY LESSON LOG Teacher FERDINAND V. GADDI Learning Area Business and enterpreneurship
Teaching Dates and Time Quarter

Session 1 Session 2 Session 3

I. OBJECTIVES
The learners demonstrates understanding of: The learners demonstrates understanding of: The learners demonstrates understanding of:
A. Content Standards Concepts, underlying principles, and processes of Concepts, underlying principles, and processes of developing Concepts, underlying principles, and processes of
developing a business plan a business plan developing a business plan

B. Performance The learner independently or with his/her classmates The learner independently or with his/her classmates presents The learner independently or with his/her classmates
Standards presents an acceptable detailed business plan an acceptable detailed business plan presents an acceptable detailed business plan

At the end of the lesson, the learners should be able to: At the end of the lesson, the learners should be able to: At the end of the lesson, the learners should be able to:
a. Determine the factors that needs to consider in a. Determine the factors that needs to consider in starting a a. Determine the factors that needs to consider in
C. Learning Competencies/
starting a business; business; starting a business;
Objectives b. Familiarize with different business opportunities; and b. Familiarize with different business opportunities; and b. Familiarize with different business opportunities; and
b. Recognize a potential market b. Recognize a potential market b. Recognize a potential market

II. CONTENT Important Factors to Consider Before an Entrepreneur


Factors to Consider in Starting a Business Identifying Business Opportunities
can Actually Begin an Enterprise
III. LEARNING
RESOURCES
A. References
1. Teacher’s Guide pages
2. Learner’s Material
pages
Nick L. Aduana (2016). Entrepreneurship in Nick L. Aduana (2016). Entrepreneurship in Philippine Nick L. Aduana (2016). Entrepreneurship in
3. Textbook pages
Philippine Setting, C and E Publishing Inc. Setting, C and E Publishing Inc. Philippine Setting, C and E Publishing Inc.
4. Additional Materials
from Learning Resource
portal
Youtube video (if possible)
B. Other Learning
10 Tips To Starting Your Own Business
Resources
https://www.youtube.com/watch?v=wxyGeUkPYFM

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Session 1 Session 2 Session 3
IV. PROCEDURES
Pass the Word
Learners shall be grouped into four (4). Each group shall
be a given a sheet of paper which includes the message
Ask the students about the previous lesson:
to be memorized by the student in the frontline until it
1. One of the factors to consider in starting a business
reaches the last member. When done, the last member
was personal competencies such as creativity. Can you
shall be able to correctly write the message in the
give example of an existing business in our country that
blackboard. The groups who will get the correct answer
Ask the students about the previous lesson: can possibly put additional creativity out of it?
get the points. This activity will run for about ten (10)
A. Reviewing previous 1. In your own perspective, from the different factors that has
minutes.
lesson or presenting a Suggested words:
been discussed yesterday, what is the most important among Examples:
new lesson 1. Sources and Capital can be from personal funds,
them and why? 1. Before, fries and drinks are sold separately but now,
we have kerimoto wherein you can buy the fries and
family and friends, retirement account, banks/financial
drinks at the same time.
institutions, government loan and/or stock market
2. Before, fast food normally offers a regular meal. But
2.Availability of Resources pertains to raw materials,
now, buffet are highly in demand and the unli rice
human resources and machineries and equipment
promos.
3. Manufacturing includes the physical or chemical
transformation of material substances or components
into new product.
Ask the students: Ask the students:
B. Establishing a Give some examples of business that you know. Give example of people that you know who opened a
purpose for the lesson Example: Computer shop, Fast food such as Jollibee, business but after a few months, they already close it. What
MangInasal etc. do you think is the reason why it failed?
Factors to Consider in Starting a Business Important Factors to Consider Before an Entrepreneur can Identifying Business Opportunities
• Entrepreneurial opportunities Actually Begin an Enterprise Entrepreneurial Opportunity – favourable set of
• Financial stability conditions that will enable the entrepreneurs to create
•Self-fulfilment 1. Focus and Direction – objective grasp of the business and new products or services by combining resources that
•Helps the family where it will be headed many years from the start of will result not only to a profit but for the common good
•Provide employment to others operation. There should be a clear and documented vision- of the society and the environment
mission and strategies to begin with. Start right by “beginning • New products
Ways to Start a New Venture: Most Frequently Used with the end in mind.” • New services
Forms • New ways of organizing
C. Presenting •Start-up – a company which is recently formed, where 2. Sources and Capital – can be from personal funds, family • New raw materials
examples/instances of the founder establishes a completely new business from and friends, retirement account, banks/financial institutions, • New markets
the new lesson scratch government loan and/or stock market • New production processes
•Buying an existing business - acquiring either the
shares of an existing company or all of the assets of an 3. Good Network – like associations and professional groups, 4 Essential Qualities of Opportunities
existing enterprise. childhood friends, family members, former classmates can be 1. Attractive
•Franchising – when the “owner of the company that drivers to build self-confidence and direction, providers of 2. Durable
already has a successful product or service, licenses its information that are not readily accessible to others, 3. Timely
trademark, trade name and methods of doing business suppliers of raw materials as well as mentors and coaches. 4. Anchored in a product/service or business that
to others in exchange for an initial franchise fee and creates or adds value for its buyer or end-user
royalty payments 4. Legal Requirements – know the laws and regulations that
 Jollibee govern the type of business that will be opened to avoid Potential Sources of Opportunities

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 MangInasal major problems that can arise if legal requirements are
 Ricky Reyes Salon overlooked like copyright and patent laws, environment and
 7-eleven sanitation regulations as well as labor codes.
 Mini Stop
 Tapa King 5. Degree of Risk – like limited market, stiff competition, high
cost of financing the business and few supply of needed labor

6. Research and Development – the presence of new


technology, science and knowledge transfer from universities
and public research centers to new and growing businesses,
support for the creation of new-technology based ventures
are good indicators to start a business in the area

7. Personal competencies – like creativity, opportunity


seeking, self-confidence, persistence, commitment, risk-
taking and technical background as well as related
experiences needed to run a business

8. Availability of Resources – pertaining to raw materials,


human resources and machineries and equipment

Checklist of New Venture Ideas

Philippines Potential Sources of Opportunities


1. Positive attitude of Filipino workers
2. Low labor cost
3. Literacy of the workforce
4. Large market potential because of our big population
size, changing preferences and lifestyle of Filipino
consumers
5. Abundance of natural resources
6. Availability of competent middle management and
technical talents

Classification of Enterprise According to Size


• Micro enterprise – asset size not exceeding P50,000, a
home based enterprise, operating in makeshift or
temporary quarters, the owner heads the enterprise
and employs from one and not more than 10 people
like vending food such as taho, puto, fishballsetc

• Cottage industry – asset of P250,000 to P500,000,


homebased, often managed and operated by members
of family like subcontractors of shoes and slippers, food
manufacturers of peanut butter/coco jam or pastillas,
vases, candles and lanterns

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• Small enterprise – has an asset of P500,000 to
P2.5million, owned by an individual or grouped and has
enough resources to continue operating, employs 10 to
20 people like groceries, bakeshops, beauty salons,
medical/dental clinics, toy makers, jeepney
manufacturers and travel/tour agencies

•Medium enterprise – an asset of 5 to 20million,


employs 100 or more, owned by a single individual,
business partners, or a corporation people like fine
dining restaurants with branches, computer importer-
dealers, garment manufacturers, human resource
providers and private educational institutions

• Large enterprise – an asset of 20million or more,


often owned and managed by a corporation, employs
100 or more workers, its board of directors is
responsible for its governance thru its chief operating
officer, like big fast food chains, large department
stores, big bookstores, family-owned commercial banks
and insurance companies

Forms of Businesses Based on Ownership

According to Industry Classification: Types of Businesses


Based on the Philippine Standard Industrial
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Classification (PSIC)

1. Agriculture, Poultry and Fishing – This section


includes the exploitation of vegetables and animal
natural resources, growing crops, raising and breeding
of animals, harvesting of timber and other plants,
animals or animal products from a farm or their natural
habitat.

2. Mining and Quarrying – This section includes the


extraction of minerals occurring naturally as solids
(coal), liquids (petroleum) or gases (natural gas).
Extraction can be achieved by different method such as
underground or surface mining, sea bed mining etc.

3. Manufacturing – This section includes the physical or


chemical transformation of material substances or
components into new product.

4. Electricity, Gas, Steam and Air-Conditioning Supply –


This section includes the activity of providing electric
power, natural gas, steam, bot water and the like
through a permanent infrastructure of lines, mains and
pipes.

5. Water Supply, Sewerage. Waste Management – This


section includes activities related to the management
of various forms of waste such as solid or non-solid
industrial or household waste as well as contaminated
sites.

6. Construction – This section includes general


construction and specialized construction activities for
buildings and civil engineering works. It includes new
work, repair, additions and alterations, the creation of
prefabricated buildings or structures on the site.

7. Wholesale and Retail Trade, Repair of Motor Vehicles


and Motorcycles – This section includes wholesale and
retail sale of any type of goods and the rendering
services incidental to the sale of these goods.

8. Transportation and Storage – This section includes


the provision of passenger or freight transport whether
scheduled or not, by rail, pipeline, road, water and
associated activities such as terminal and parking
facilities, cargo handling storage, etc.

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9. Accommodation and Food Service Activities – This
section includes the provision of short stay
accommodation for visitors and other travellers and the
provision of complete meal and drinks fit for the
immediate consumption.

10. Information and Communication – This section


includes financial service activities, including insurance
and pension funding and activities to support financial
services.

11. Real Estate Activities – This section includes acting


as lessors, agents and/or brokers in one or more of the
following selling or buying real estate, renting real
estate, providing other estate services such as
appraising real estate or acting as real estate agents.

12. Professional, Scientific and Technical Activities –


This section includes specialized professional, scientific
and technical activities. Those activities require a high
degree of training and make specialized knowledge and
skills available to users.

13. Administrative and Support Service Activities – This


section includes a variety of activities that support
general business operations.

14. Arts, Entertainment and Recreation – This section


includes a wide ranges of activities to meet varied
cultural entertainment and recreational interest of the
general public including live performances, operation of
museum sites, sports, gambling and recreational
activities.

15. Public Administration and Defence, Compulsory


Social Security – This section includes activities of
governmental nature, normally carried out by the
public administration. This includes the enactment and
judicial interpretation of laws and their pursuant
regulation, as well as the administration of programmes
on them, legislative activities, taxation, national
defence, public order and safety, immigration services,
foreign affairs and the administration of government
programme.

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D. Discussing new
concepts and practicing
new skills #1

E. Developing mastery Ask the students:


(Leads to Formative 1. Give some examples of business that you think is in
Assessment) demand today?

F. Finding practical Ask the students: Ask the students: Ask the students:
applications of 1. If you are going to start a business, what would it be? 1. There are plenty of businesses that you can see anywhere. 1. In your honest opinion, do you think it is possible for
2. What will be your considerations in starting your own
concepts and skills in business?
In your own perspective, how can you have an edge compare you to get rich without working abroad?
daily living to other competitors? 2. Do you see yourself being an entrepreneur someday?
Ask the students:
G. Making 1. Why is it important to consider different factors in
generalizations and starting a new business?
abstractions about the 2. What would be the effect if a certain business doesn’t
lesson consider the different factors that have been discussed
before starting a business?
Ask the students:
1. Now that you learned that there are many existing
H. Evaluating learning business in our country, how it affects your mind
setting about business?

I. Additional activities Learners will be grouped and will be tasked to choose a


for application or business in their community and explain what category
remediation of entrepreneur size it belongs.

V. REMARKS
VI. REFLECTION
A. No. of learners who earned
80% on the formative
assessment

B. No. of learners who require


additional activities for
remediation

C. Did the remedial lessons


work? No. of students who
caught up with the lesson

D. No. of learners who continue


to require remediation

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E. Which of my teaching
strategies work well? Why did
these work?

F. What difficulties did I


encounter which my principal or
supervisor help me solve?
G. What innovation or localized
materials did I use/discover
which I wish to share with other
teachers?
Prepared by:

FERDINAND V. GADDI
Subject Teacher