Entrep Business Establishment Interview

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II.

Questions:

1. Did he make a business plan before he started his business?


2. How did you come up with that kind of business?
3. What did the businessman consider when choosing the kind of business he
got into?
4. Did he consider strengths and weaknesses of the business?
5. Did he identify the business opportunities and threats present in the
environment?
6. Did he consider the resources required to carry through or to sustain the
business?
7. Did he make a plan? How?
8. Do you think business planning is important and is being done in a real
business institution?
9. What other commodities do you offer?
The Shield Review Center started to embed its humble beginnings in 2007. It was introduced
then in Naga City as Shield Review Center for Nurses. As it Envisions in becoming a top-notch
review center that will help develop honest, knowledgeable, confident and God-Fearing nurses.
Shield became true to its commitment in equipping nurses with professional competency through
quality and affordable program.

Through the years, Shield takes pride as a trusted name in the review industry. Consistently
Shield is the center of choice by many schools that became its partner institutions. It caters to the
needs of many aspiring nurses to become professionals and assisted already thousands of passers
and numerous topnotchers. In fact, one of the glorious moments of the center is when it officially
produced the Top 1 in the July 2010 Nursing Licensure Examination.

After eight great years of exemplary achievements, Shield Review Center for Nurses, Inc., is
reborn as a bigger and bolder academic institution.

PROGRAMS MISSION
1. Nursing To provide quality and affordable review and
2. Psychology/Psychometrician training programs, seminars, and workshops
3. Criminology that will effectively prepare learners towards a
4. Teacher (LET) successful licensure examination, personal and
5. CPA spiritual growth, career, and professional
6. Medical Technology development
7. Medicine
8. Midwifery
9. Dentistry
VISION
10. Aptitude Exams Shield Pro Review and Training Center is the
11. College exams premiere institution that serves to help learners
12. Tutorials make a positive impact to their family,
13. Language Exams workplace, community, and country as
14. Civil Service holistically prepared board exam passers and
15. Trainings, Seminars, Workshops
topnotchers. And catalysts of innovation,
BRANCHES: leadership and excellence in various career and
 Northern Luzon: Baguio Branch profession
 Bicol Region: Naga Branch
 NCR: Manila Branch
III. Reflection

Through the interview we have learned that in forming a plan for a business it does not
mean that you should follow every single step or process suggested in creating your plan. A
businessman should also value his personal perceptions and his own creativity on running a
business. One must apply his experiences and way of operations that he knew would be effective
in various situations. In choosing the type of business to break into, considering the trend and
environment of the business will have a great impact on its success. For instance, thousands of
students from different courses are graduating each year and are aiming to pass board or
licensure exams in their respective fields such as in medicine or education that are finding an
efficient way to review or study, so it is smart to attempt this kind of business.

It is also important to monitor the strengths and weaknesses of the business especially in
its first few years to make a good impression. Hiring competitive teachers who have skills and
expertise to assist the students in reviewing. Using and experimenting on various teaching
techniques also helps in finding what is effective and what is not. This can have an impact in
building the trust of customers and ensuring you spot in the competitive market. In the financial
state of the business it is usually hard to start with limited capital, material and human resources,
which is commonly one of the major concerns of new entrepreneurs nowadays, but we have
realized that even so the most important thing is that you know how to successfully manage the
expenses and income of the business, such as having an accounting system to record the cash
flows and transactions that is happening. It is also necessary to set a price that will be fair and not
too heavy both on the business and its consumers. It is also important to know how to meet the
satisfaction of your customers that they will surely guarantee to the products and services you
offered.

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