School Dasmariñas Integrated High School Grade Level 11

Teacher Learning Area Entrepreneurship

DAILY LESSON LOG
Teaching Dates and Time Week 2 (June 11-15, 2018) Session 4-6 Quarter First

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
developing a business plan a business plan 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 starting a. Determine the factors that needs to consider in starting a a. Determine the factors that needs to consider in starting a
C. Learning
a business; business; business;
Competencies/ 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 Factors to Consider in Starting a Business

Important Factors to Consider Before an Entrepreneur
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 Philippine
3. Textbook pages
Philippine Setting, C and E Publishing Inc. Setting, C and E Publishing Inc. 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
1
 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
to be memorized by the student in the frontline until it Ask the students about the previous lesson:
reaches the last member. When done, the last member 1. One of the factors to consider in starting a business was
shall be able to correctly write the message in the personal competencies such as creativity. Can you give
blackboard. The groups who will get the correct answer example of an existing business in our country that can
Ask the students about the previous lesson:
get the points. This activity will run for about ten (10) possibly put additional creativity out of it?
A. Reviewing previous 1. In your own perspective, from the different factors that
minutes.
lesson or presenting a Suggested words:
has been discussed yesterday, what is the most important
Examples:
new lesson among them and why?
1. Sources and Capital can be from personal funds, family 1. Before, fries and drinks are sold separately but now, we
and friends, retirement account, banks/financial have kerimoto wherein you can buy the fries and drinks at
institutions, government loan and/or stock market the same time.
2.Availability of Resources pertains to raw materials, 2. Before, fast food normally offers a regular meal. But now,
human resources and machineries and equipment buffet are highly in demand and the unli rice 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
Mang Inasal etc. do you think is the reason why it failed?
C. Presenting Factors to Consider in Starting a Business Important Factors to Consider Before an Entrepreneur can Identifying Business Opportunities
examples/instances of • Entrepreneurial opportunities Actually Begin an Enterprise Entrepreneurial Opportunity – favourable set of conditions
• Financial stability that will enable the entrepreneurs to create new products or
the new lesson
• Self-fulfilment 1. Focus and Direction – objective grasp of the business and services by combining resources that will result not only to a
• Helps the family where it will be headed many years from the start of profit but for the common good of the society and the
• Provide employment to others operation. There should be a clear and documented vision- 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
• Start-up – a company which is recently formed, where 2. Sources and Capital – can be from personal funds, family • New raw materials
the founder establishes a completely new business from and friends, retirement account, banks/financial institutions, • New markets
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 existing 3. Good Network – like associations and professional groups, 4 Essential Qualities of Opportunities
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 to suppliers of raw materials as well as mentors and coaches. 4. Anchored in a product/service or business that creates or
others in exchange for an initial franchise fee and royalty adds value for its buyer or end-user
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
 Mang Inasal major problems that can arise if legal requirements are
2
 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, fishballs etc

• 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

• Small enterprise – has an asset of P500,000 to P2.5million,

owned by an individual or grouped and has enough
3
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

4
Based on the Philippine Standard Industrial 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.

9. Accommodation and Food Service Activities – This section

5
 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.

D. Discussing new
concepts and
practicing new skills #1

6
 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 you
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 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 of
remediation 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

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

7
 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: Checked by:

JAYZEL V. ALAM
Subject Teacher Subject Coordinator