Personal entrepreneurial competencies (PECs) refer to key characteristics that successful entrepreneurs possess. Some examples of PECs include being quality conscious, a problem solver, self-confident, innovative, and committed to excellence. Before starting a business, entrepreneurs should conduct a market survey and SWOT analysis. A business plan involves establishing a product's profile, conducting market research and benchmarking, and performing a SWOT analysis. Table setting is important as it creates an atmosphere, sets customer expectations, and demonstrates cleanliness.
Personal entrepreneurial competencies (PECs) refer to key characteristics that successful entrepreneurs possess. Some examples of PECs include being quality conscious, a problem solver, self-confident, innovative, and committed to excellence. Before starting a business, entrepreneurs should conduct a market survey and SWOT analysis. A business plan involves establishing a product's profile, conducting market research and benchmarking, and performing a SWOT analysis. Table setting is important as it creates an atmosphere, sets customer expectations, and demonstrates cleanliness.
Personal entrepreneurial competencies (PECs) refer to key characteristics that successful entrepreneurs possess. Some examples of PECs include being quality conscious, a problem solver, self-confident, innovative, and committed to excellence. Before starting a business, entrepreneurs should conduct a market survey and SWOT analysis. A business plan involves establishing a product's profile, conducting market research and benchmarking, and performing a SWOT analysis. Table setting is important as it creates an atmosphere, sets customer expectations, and demonstrates cleanliness.
Personal entrepreneurial competencies (pecs) 10. Committed– An entrepreneur always aim
for excellence under his undertakings. - It refers to the key characteristics that a successful entrepreneur should have in order to be successful. Surverying the environment and market Example of pecs (TAKE NOTE: situational) - The environment plays an important role in 1. Quality Conscious – he is passionate to his determining the type of business to be put work and the words “pwede na” or that’s up. Before putting up a food business, it is good enough are not on his vocabulary important to conduct a survey of the probable customers, available supplies and 2. Problem Solver – He identifies a problem in other types of businesses in the area the business, analyze the causes and puts into action the best solution. Factors to be considered in pursuing a business in 3. Self Confidence - he has a trust in attaining commercial cooking: success in the business 1. . Manpower – Hire enough workers with the 4. Innovative - he is open minded to new right training and attitude. methods of improving food they offer. 2. Skills – in managing the business, the owner and workers should have appropriate and 5. Environmentalist – He is practicing adequate training and knowledge Environment Management Service (EMS 3. Capital – Money is an important factor. The amount of capital invested affects the size 6. Sociable - he has a good relationship with of the business. his customers and employees. 4. Technology – doing research for new He loves to smile and has a social etiquette. products and services should be continuous to improve the satisfaction of the customers 7. Goal Oriented – his dream came true 5. Markets – do a market survey about the because of her goal setting: SMART needs and wants of the consumers and (Specific – Measurable – Attainable – Realistic – their profile Time bound) 6. Available supplies – should have a steady supply of raw materials so that the food 8. Organized - keen with his business records costs will be kept at a minimum like the cash in and out statement, inventories and always has a plan before doing things. s.w.o.t analysis 9. Courageous - have the guts to start a small business from the scratch and become big. - A study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats Strength, weaknesses, opportunities, and threats. d. How much they’re willing to spend on your product?
Bench marking
- Evaluate or check (something) by
comparison with a standard - a. What are the things you can offer that other products do not have? b. What makes their products (leading brands) better
Lesson 2: table setting
Table setting- Or place setting refers to the way to
Business plan: set a table with. - is a written description of Table/silverwares- such as eating utensils and for a your business' future, a document that tells single diner is called a place setting. It is also the what you plan to do and how you plan to do layout which the utensils and ornaments are it. positioned. Steps in formulating a business plan:
1. Establish Product’s Profile
Why table setting is important? 2. Market survey 3. Bench marking 1. In an ideal world, every eating place is 4. Swot analysis carefully designed to connect the kind of food being served to the architectural shell. There are a handful of eating Establish products’ profile establishments around the globe that really follow this. More often, restaurants create a. Name of the business/product an atmosphere by the way they set the b. Location (place of production) table. c. Ingredients of the product d. Size/weight of the product per serving e. Signature tagline / slogan 2. These settings are important to make customers feel welcomed and ensuring that they are comfortable. Market survey – ( needs and wants of the community) 3. Table settings set expectations in a. Dividing and allocating their budget customer’s minds. These are related to according to things they buy. b. Example of the same product that they (a) service style buy. (eg. Service by course vs. buffet style set up) c. Willingness to buy your product. (b) quality of the food
(a more elaborated set up automatically ups
consumer expectations)
4. an immaculately set table demonstrates
uniformity and consistency of the eating establishment. More importantly, it showcases that cleanliness and hygiene are utmost priority.
5. Table settings must be complete; having all
the necessary tableware, centerpieces, napkins and condiments. This makes the job easier during service and ensures customers are not left waiting for silly things. Based on nature of menu items, for customer comfort, use of waiter situations or fridges and freezer is recommended. These could then be brought at a suitable time during the meal, to avoid cluttering the table and thus hampering the overall experience.