Saint Anthony Academy

Batuan, Bohol, Philippines

Member: Bohol Association of Catholic Schools ( BACS)
Catholic Education Association of the Philippines (CEAP)
ORGANIZATION AND MANAGEMENT 12

Name:___________________________ Year & Section:___________________________

Date:______________________________ Score: __________________
ACTIVITY NO. 13
(Week 13)
Topic: Special Topics in Management
Competencies: 1. Explain how to start a small-family business
2. Identify the business legal forms and requirements
Objectives: Appreciate the role of small-family business in an improving economic status
Concept Notes:
Entrepreneurship – innovative, creative, risk-taking, growth-oriented behaviour that brings new opportunities
for individuals or organizations to start new business and to produce new products or services that are
beneficial to society.
Entrepreneurial ventures- organizations that persistently pursue opportunities are characterized by creative,
innovative activities that have service, growth, and profitability as principal goals.

Small business – a business that has fewer than 100 – 500 workers (depending on the prevailing commercial
law in a particular country), independently owned, operated, and financed; not always entrepreneurial in
orientation and does not dominate its industry; capital is low but capable of producing goods or rendering
services designed to satisfy particular needs of customers.

WHAT ARE THE ENTREPRENEURIAL PROCEDURES?

Steps in Entrepreneurial Procedure
 Formulate the business vision and mission statements
 Segment of the market
 Find the target market
 Understand the environment
 Develop the business Plan

Business plan is a written description of your business's future, a document that tells what you plan to do and
how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business
strategy, you've written a plan, or at least the germ of one. Business plans are inherently strategic.

Business Plan
- Executive summary - Products and services
- Environmental analyst - Operations
- Industry analysis - Management and ownership
- Market analysis - Financial Data
- Company description - Time table
- Marketing and sales activities

 Implement and monitor the business venture

 Maximize the utilization of business resources
 Creative and Innovative * Good Planners
 Customer-oriented * Open-minded
 Flexible * Persistent
 Confident * Organized
 Updated/Well-informed * Team players
 Knowledgeable * Risk-takers

Business Registration – a government requirement that order new business owners to furnish government
agencies with necessary information prior to the legal operation of their business organization.
The legal forms of business is determined by its ownership or proprietorship.

Family Business- a business owned and financially controlled by members of a family

Enterprise – any projected task or work; undertaking
Government agencies where the business to be registered:

 Department of Trade and Industry (DTI)

 Securities and Exchange Commission (SEC) (Partnership and Corporation)
 Cooperative Development Authority (CDA)
 Barangay clearance and securing Community Tax Certificate
 Mayor’s Permit and license to operate
 Fire Safety Clearance – Bureau of Fire Protection (BFP)
 Bureau of Internal Revenue (BIR)
 Pag-ibig Fund (Home Development Mutual Fund)
 Department of Labor and Employment (DOLE)
 Social Security System (SSS)
 Philippine Health Insurance Corporation (Philhealth)

ACTIVITY
Search on 10 Business Corporation in the Philippines and discuss the business they are engaged in. (20 pts)

Business Business they are engaged

1.

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8.

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10.

Choose two and discuss their successes. (10 pts)