A D VA NTA G ES A ND

D I SA D VANT A GE S OF
E NTREP RENE U RS HI P
ADVANTAGES OF ENTREPRENEURSHIP

• You get to be the person pulling all the

strings.
ADVANTAGES OF ENTREPRENEURSHIP

• It gives you an opportunity to discover

your true self.
ADVANTAGES OF ENTREPRENEURSHIP

• You get to become your own boss.

ADVANTAGES OF ENTREPRENEURSHIP

• It is exciting to work in the world of

entrepreneurship.
ADVANTAGES OF ENTREPRENEURSHIP

• You are not limited by anything as an

entrepreneur.
ADVANTAGES OF ENTREPRENEURSHIP

• It offers an atmosphere of
independence.
ADVANTAGES OF ENTREPRENEURSHIP

• You earn a rational salary in the world

of entrepreneurship.
ADVANTAGES OF ENTREPRENEURSHIP

• You have an opportunity to get to know

your community better.
ADVANTAGES OF ENTREPRENEURSHIP

• You have much more excitement in

your life.

*
DISADVANTAGES OF
ENTREPRENEURSHIP
• You are going to work harder than you
can ever remember.
DISADVANTAGES OF
ENTREPRENEURSHIP
• It does not offer a guarantee of
payment.
DISADVANTAGES OF
ENTREPRENEURSHIP
• You must have your leadership skills
firing on all cylinders.
DISADVANTAGES OF
ENTREPRENEURSHIP
• It takes time to earn a return as an
entrepreneur.
DISADVANTAGES OF
ENTREPRENEURSHIP
• You will discover more stress in the
world of entrepreneurship than
anywhere else.
DISADVANTAGES OF
ENTREPRENEURSHIP
• It requires you to pay that pesky self-
employment tax.
DISADVANTAGES OF
ENTREPRENEURSHIP
• You will likely need to raise your own
funding.
DISADVANTAGES OF
ENTREPRENEURSHIP
• It still requires you to report to your
customers and investors.
ASSIGNMENT

• Give three sample of Business for Each type of

Business.
1. Service Business
2. Merchandising Business
3. Manufacturing Business
THREE MAJOR TYPES OF BUSINESS

• 1. Service Business
• A service type of business provides intangible
products.
• Service type firms offer professional skills,
expertise, advice, and other similar products.
THREE MAJOR TYPES OF BUSINESS
• 2. Merchandising Business
• This type of business buys products at
wholesale price and sells the same at retail
price. They are known as "buy and sell"
businesses.
• A merchandising business sells a product
without changing its form.
THREE MAJOR TYPES OF BUSINESS
• 3. Manufacturing Business
• Unlike a merchandising business, a
manufacturing business buys products with
the intention of using them as materials in
making a new product.
ACTIVITY 1. IDENTIFY IF IT IS
SERVICE, MANUFACTURING OR
MERCHANDISING BUSINESS.
QUIZ NO. 1 THIRD QUARTER

Write ADV if it is advantage and DAV if it is

disadvantage.
1. You will discover more stress in the
world of entrepreneurship than
anywhere else.
2. You are not limited by anything as
an entrepreneur.
3. You earn a rational salary in the
world of entrepreneurship.
4. It does not offer a guarantee of
payment.
5. You will likely need to raise your
own funding.
6. You get to be the person pulling all
the strings.
7. It requires you to pay that pesky
self-employment tax.
8. You have an opportunity to get to
know your community better.
IDENTIFICATION

•Identify what the following

phrases/statements are.
9. It offers professional skills,
expertise, advice.
10. A business where there is a
transformation of the products
purchased.
11. A business where the
owner/company sells a product
without changing its form.
CLASSIFY IF IT IS MANUFACTURING,
SERVICE, OR MERCHANDISING BUSINESS.

12. Computer Rental Shop.

CLASSIFY IF IT IS MANUFACTURING,
SERVICE, OR MERCHANDISING BUSINESS.

13. Mercury Drugs

CLASSIFY IF IT IS MANUFACTURING,
SERVICE, OR MERCHANDISING BUSINESS.

14. Sari-Sari Store

CLASSIFY IF IT IS MANUFACTURING,
SERVICE, OR MERCHANDISING BUSINESS.

15. Hardware
CLASSIFY IF IT IS MANUFACTURING,
SERVICE, OR MERCHANDISING BUSINESS.

16. Seven Eleven/ 7/11

CLASSIFY IF IT IS MANUFACTURING,
SERVICE, OR MERCHANDISING BUSINESS.

17. Catering Business

CLASSIFY IF IT IS MANUFACTURING,
SERVICE, OR MERCHANDISING BUSINESS.

18. Jac Liner

CLASSIFY IF IT IS MANUFACTURING,
SERVICE, OR MERCHANDISING BUSINESS.

19. Samsung
CLASSIFY IF IT IS MANUFACTURING,
SERVICE, OR MERCHANDISING BUSINESS.

20. Dental Clinic