INTERVIEW AN ENTREPRENEUR

PURPOSE: The purpose of this project is to expose students to local entrepreneurs

GOAL: Students will understand what is involved in owning and operating a business. This will
include: hiring, termination, inventory, payroll, ordering, recordkeeping, customer service,
human relations, advertising, selling, and pricing.

ACTIVITIES: Students will visit a locally owned business and interview the entrepreneur. The
business should be one in which the student has interest, and a business similar to one that will
be the subject of their own business plan. Students will have a list of prepared questions and
will be encouraged to ask additional ones. The student will also discuss a sample cash budget,
and a calculation of how much money it takes to keep the business running. While the business
owner may not wish to discuss actual figures from their own financial records, they may be
willing to discuss ”ballpark figures” that can aid the student with his business plan. At the
conclusion of the visit, students will prepare oral and written reports.

Business Name: ANGELO'S STORE

The name of her business came from her grandchild Angelo

Location: Zone 7, Pamukid San Fernando Camarines Sur

Entrepreneur: Angelina Valencia

INTERVIEW QUESTIONS
Q. Background history of a business

A. March 2005 is the business started when the owner think that their location is good to start
a sari sari store. The business start with only Php 500.00 that time She didn't expect that her
business become successful until now.

Q. How much capital was invested in your business?

A. Mrs. Angelina said that she only start a business with Php 500.00. Because at the time the
Groceries is not expensive.

Q. What problem did you encounter

once your operation was well under
way? And how you overcome this?

A. Money Management

But here are the solution to overcome

this problem.

 Create a budget.
 Understand your expenses.
 Understand your income.
 Slash or remove unnecessary
expenses.

Q. Why Business is continue?

A. Mrs. Angelina said that She continue this business because to earn an extra income.

Q. How long has establishment been business?

A. 15 years

Q. Some tips to become successful in business.

Mrs Angelina give some tips to become successful in business.

 Set your prices carefully.

 Look for good suppliers and cultivate a healthy relationship with them.
 Pick the right merchandise to stock.
 Take note of your customers' buying habits.
 Preserve the quality of your goods

DOCUMENTATION
 ANGELO'S STORE

Located at Zone 7 Pamukid,

San Fernando Camarines Sur

The Entrepreneur

Mrs. Angelina Valencia