Republic of the Philippines
DEPARTMENT OF EDUCATION
Region I
Schools Division Office I Pangasinan
Bani National High School
Bani, Pangasinan
TERMINAL REPORT IN ENTREPRENEURSHIP 12
QUARTER 2, FIRST SEMESTER
Objectives: Manifest understanding of starting and operating a simple
business.
The group members….
1.1. Implement the business plan;
1.2. Operate the business;
1.3. Sell the product/service to potential customers
1.4. Identify the reasons for keeping business records
1.5. Perform key bookkeeping task;
1.6. Interpret financial statements (balance sheet, income statement, cash flow
projections, and summary of sales and cash receipts);
1.7. Prepare an income statement and a balance sheet
Prepared by:
__Mark Jhoron A. Lustina__
_____Ricojay R. Mayo______
___James Kelly S. Oronia___
Maria Jamille Mismha I. Paz
ENTREPRENEUR WEEK!!!
Most Essential Learning Competency: Implement the business plan, Operate the
business, Sell the product/service to potential customers
K to 12 BEC CG: K to 12 BEC CG: CS_EP11/12ENTREP-0a-18-
20
Directions: Today marks the market encounter our “Entrepreneur Week”.
a. Picture/s of our preparations.
b. Picture/s of our products for sale
c. Picture of location
d. Pictures of our “Entrepreneur Week”
EXIT INTERVIEW
Most Essential Learning Competency: Implement the business plan, Operate the
business, Sell the product/service to potential customers
K to 12 BEC CG: CS_EP11/12ENTREP-0a-18-20
Directions: “Entrepreneur Week”. The buyers come to the area and
purchase what they need or want to buy. Do the exit interviews with the
buyers on what they bought, why they bought what they did. Do a random sampling but
make sure to get feedback about your products. Fill out the records for the business plan.
a. Who bought your products?
b. The number of products sold and selling price
c. Observations regarding buyer behavior
c1. Capacity to pay
c2. What they were looking for
c3. What made them happy
c4. What made them unsatisfied
Customer Products purchased Price Remarks/Observations/
(quantity) Comments
Trisha Mae 4 pieces 60 pesos It was really good and the
Pizarro good quality of the
product was maintained.
Franzen S. 7 pieces 105 pesos The taste was unique and
Ortillo delicious.
Keizer Alexus 4 pieces 60 pesos It was delicious but it was
Paltep to sweet for me.
Jerald Teja 6 pieces 90 pesos It’s really good, that I
purchased the product
over and over again.
Lawrence Joe 3 pieces 45 pesos Not too sweet, not to sour.
Casiquin It was delicious
considering its price.
Keyan Galzote 5 pieces 75 pesos A really good product
that is unique, that’s why
I purchased.
France Denver 2 pieces 30 pesos It was tasty.
Carolino
Rhianne Galzote 4 pieces 60 pesos It was good according to
some students and it was
really delicious as they
said.
RECORD IT
Most Essential Learning Competency: Identify the reasons for keeping business
records; Perform key bookkeeping task
K to 12 BEC CG: K to 12 BEC CG: CS_EP11/12ENTREP-0a-20
Directions: Using the data from the market encounter summarize
your experiences using the following chart.
Remarks (what made
Number of buyers Units bought Amount bought the encounter
unforgettable?)
431 MRJ’s Banana Bites MRJ’s Banana Bite- It was a fun and
- 356 unit bought 5,340.00 pesos exciting experience.
As we faced different
Palamig- 75 units Palamig- 375.00 struggles just to make
bought pesos our business
implementation
successful.
a. Did the experience proceed as planned?
-Some are align to our plan in business but there are some unexpected problems
that arose but we fixed immediately. But as we gained experiences in this
implementation we will now plan more effectively so that it will proceed as we
planned.
b. What went right? What good did these things do to your business?
-Our marketing plan went right as we have meet of our projected sales and the
strategy was also good as we encouraged many customer to bought and taste our
product, we also expanded our knowledge and ideas to make our business
successful same as our sales strategy was success and it help us to introduced our
product to the market.
c. What went wrong? What could you have planned better?
-We could have planned the financial plan properly as we’ve faced a problem in our
budget in the first day same as the various possibilities that might happen such as
the preparation time, the sales for that day and the time frame that we’ve set that
sometimes causes delays in our customers.
d. What will you remember to do next time you go into a business like this in the future?
-As a group, we’ve encountered various problems in our business but next time we
must plan more carefully and prepared everything as we will start a business again,
Especially during the implementation .
MINI FINANCIAL REPORT
Most Essential Learning Competency: Perform key bookkeeping task; Interpret
financial statements. Prepare an income statement and a balance sheet.
K to 12 BEC CG: K to 12 BEC CG: CS_EP11/12ENTREP-0a-20-
21
Directions: From the market encounter data fill out the Financial
Statements template to be used for the business plan.
FINANCIAL PLAN
TOTAL PROJECT COST Php 800.00
Fixed Assets 0.00
Machines 0.00
Other fixed assets 0.00
Total 0.00
Working Capital(For 1 week) 0.00
Raw Materials Php 800.00
Labor Cost
Cash Overhead Cost(Rentals) 0.00
Marketing Expense 0.00
Administrative Expenses 0.00
Total 800.00
Pre-Operating Expenses (Registration) 0.00
Total Project Cost Php 800.00
Financing Plan
Equity (Php) 800.00
Loan (Php) 00.00
Debt – Equity Ratio 00.00
Loan Amortization Schedule: 0
Month Balance Principal Interest Amortization
(Php) (Php) (Php)
PROFIT AND LOSS STATEMENT
Day 1 Day 2 Day 3 Day 4 Day 5
Sales 1,325.00 1,240.00 1,586.00 1,567.00 0.00
Less: Cost of Goods Sold 0.00
Raw Materials Cost 800.00 800.00 800.00 800.00 0.00
Labor Cost 0.00
Cash Overhead Cost (Rentals) 0 0.00
Depreciation Cost 0 0.00
Cost of Goods Sold 800.00 800.00 800.00 800.00 0.00
Gross Profit 525.00 440.00 786.00 767.00 0.00
Less: Operating and Pre – Op. Cost 0.00
Marketing Expenses 0 0 0 0 0.00
Administrative Expense 0 0 0 0 0.00
Pre – Operating Expense 0 0 0 0 0.00
Operating and Pre – Op. Cost
Operating Profit 525.00 440.00 786.00 767.00 0.00
Less: Interest 0 0 0 0 0
Profit before tax 525.00 440.00 786.00 767.00 0.00
Less: Tax (10%) (Rounded) 0
Net Profit 525.00 440.00 786.00 767.00 0.00
(Note: Complete information of financial details must be attached)
Balance Sheet
ASSETS Pre-
Operating Day 1 Day 2 Day 3 Day 4 Day 5
Period
Current Assets 0 0 0 0 0 0
Cash 800.00 1,365 1,240 1,586 1,567 0
Fixed Assets 0.00 0 0 0 0 0
Pre – Operating expenses 0.00 0 0 0 0 0
Total Assets 800.00 1,325.00 1,240.00 1,586.00 1,567.00 0
LIABILITIES AND EQUITY
Current Liabilities 0.00
Loans Payable 0.00
Long Term Payable 0.00
EQUITY
Equity, beginning 800.00 1,325.00 1,240.00 1,586.00 1,567.00 0
Add: Net Profit
Equity Ending
Total Liabilities and Equity 800.00 1,325.00 1,240.00 1,586.00 1,567.00 0.00
OUTPUT EVALUATION
Most Essential Learning Competency: Implement the business plan
K to 12 BEC CG: K to 12 BEC CG: CS_EP11/12ENTREP-0a-18-
20
Directions: Prepare the following for the performance evaluation:
a. Mini Production Plan or Business Plan
b. Entrepreneur’s Week Documentation (include narrative report of the week)
c. Record of Exit interview
d. Profit Data
RUBRIC FOR OUTPUT EVALUATION
Presentation of outputs will be done and it will be evaluated with the following rubric:
CATEGORY 96 - 100 91 - 95 86 - 90 80 - 85
Show a full understanding of Show a good
Show a good Do not seem to
the topic. Demonstrate understanding of parts of
CONTENT understanding of the topic understand the topic
material insight with new the topic, conveys
with detail. very well.
ideas. connections.
Students seem pretty The students are
Students are completely
prepared but might have somewhat prepared, but Students do not seem at
PREPAREDNESS prepared and has obviously
needed a couple more it is clear that rehearsal all prepared to present.
rehearsed, is well organized.
rehearsals. was lacking.
Group presents some
Group presents visuals that Group presents adequate
visuals but does not Presents little or no
VISUALS present a vast and complete visuals to support
support information supporting visuals
representation of material presented information
adequately
Speak clearly and
Speak clearly and Often mumble or can not
Speak clearly and distinctly all distinctly most ( 94-85%)
distinctly all (100-95%) be understood OR
DICTION (100-95%) the time, and of the time.
the time, but mispronounce more than
mispronounce no words. Mispronounce no more
mispronounce one word. one word.
than one word.
Stand up straight, looks
Stand up straight and
relaxed and confident. Sometimes stand up Slouch and/or do not
POSTURE & EYE establishe eye contact
Establish eye contact with straight and establish look at people during the
CONTACT with everyone in the room
everyone in the room during eye contact. presentation.
during the presentation.
the presentation.
Facial expressions and Facial expressions and Very little use of facial
Facial expressions and body
body language sometimes body language are used expressions or body
language generate a strong
PASSION generate a strong interest to try to generate language. Did not
interest and enthusiasm about
and enthusiasm about the enthusiasm, but seem generate much interest
the topic in others.
topic in others. somewhat faked. in topic being presented.
Students are able to
Students are able to Students are able to Students are unable to
accurately answer almost all
SUBJECT accurately answer most accurately answer a few accurately answer
questions posed about the
KNOWLEDGE questions posed about questions posed about questions posed about
topic with substantial
the topic. the topic. the topic.
information and material.
MINI PRODUCTION PLAN
Most Essential Learning Competency: Develop the business model
K to 12 BEC CG: K to 12 BEC CG: CS_EP11/12ENTREP-0a-12
Production Plan
1. Description of our MRJ’s Banana Munch product
a. Color: Golden brown
b. Size: half of a banana
c. Quality: raw and just right for frying
2. Our target for making MRJ’s Banana Bite:
a. In one week: 356 sticks (4 days)
b. In one month :5,696 sticks
3. Steps in making MRJ’s Banana Bite product
a. Peel and slice the Saba into bite size and put it in a stick.
b. In a mixing bowl, mix all together the flour, sugar, milo powder, salt and
water. Make sure that the consistency of the batter is thick.
c. On a separate plate, put the breadcrumbs .
d. Dip the saba into the batter and coat it in breadcrumbs.
e. In a pan, Put the cooking oil and deep fry the saba until golden brown.
f. When the saba is ready, drizzle it with a syrup on top.
g. As for the palamig, put the palamig powder in the container that has water
and mix thoroughly.
h. Wait for the powder to completely dissolve and then put the ice.
i. And if the palamig is ready, serve it to the costumers with a smile.
4. What materials will you use to make your product?
Raw saba
Cooking oil
Breadcrumbs
Condense
Milo
Stick
Sugar
Flour
Palamig Powder
Mineral water
Dried banana leaves for packaging
5. How much will you spend per material used?
Material Quantity per recipe Cost per recipe/cooking
Raw saba 3 kilo Php90.00
Cooking oil 1.5L Php100.00
Breadcrumbs 80g Php45.00
Sugar 500g Php45.0
Flour 1/2 kilo for 1 dozen Php25.00
bananas
Condense 390g Php45.00
Milo 300g Php120.00
Stick 50 pieces Php10.00
Palamig powder 500g Php115.00
Mineral water 1 gallon Php25.00
Paper cup 50 pieces Php15.00
Paper plate 50 pieces Php15.00
Butane (gas) Per refill Php65.00
Gas 1 liter Php60.00
Total cost per recipe Php800.00
6. In a group, we are consist of four members and we are the one who works for our
business, MRJ’s Banana Bite.
7. Incentives - free snacks every day.
8. Equipment or tools that I will use:
3 spoons, 4 plates, 2 mixing bowl, knife, tong, chopping board, container,
portable gas stove.
9. Cost of equipment and tools
- It came from our own homes.
10. My overhead expenses are:
a. Electricity: Php0.00/day
11. My total production cost per month:
Particulars Cost of recipe Cost per day Cost per month
Material Php 360.00 Php 800.00 Php 16,000.00
Labor Php 0.00 Php 00.00
Overhead Php 0.00 Php 0.00
Rental (1 year) Php 00.00
Php 16,000.00
12. Our factory will look like this: (Paste the picture of your business miniature)
MRJ’s BANANA BITE
INCOME STATEMENT
Product Name: MRJ’s Banana Bite
DAY 1
Sales ₱ 1,325.00
Less:
Materials:
Banana(Saba) 110.00
Cooking oil 100.00
Breadcrumbs 45.00
Sugar 45.00
Flour 25.00
Condense 45.00
Milo Powder 120.00
Stick 15.00
Palamig 115.00
Powder
Mineral Water 25.00
Paper cup 15.00
Butane Gas 65.00
Gas 60.00
Paper plate 15.00
Total ₱ 800.00
Operating Expenses:
Snacks 0.00
Total
₱ 00.00
Net Profit/Loss
₱ 525.00
INCOME STATEMENT
Product Name: MRJ’s Banana Bite
DAY 2
Sales ₱ 1,240.00
Less:
Materials:
Banana(Saba) 200.00
Cooking oil 110.00
Breadcrumbs 90.00
Sugar 45.00
Condense 90.00
Stick 15.00
Palamig Powder 115.00
Mineral Water 20.00
Paper cup 15.00
Butane Gas 85.00
Paper plate 15.00
Total ₱ 800.00
Operating Expenses:
Snacks 0.00
Total
₱ 00.00
Net Profit/Loss
₱ 440.00
INCOME STATEMENT
Product Name: MRJ’s Banana Bite
DAY 3
Sales ₱ 1,586.00
Less:
Materials:
Banana(Saba) 210.00
Cooking oil 110.00
Breadcrumbs 90.00
Condense 90.00
Stick 30.00
Palamig Powder 115.00
Mineral Water 25.00
Paper cup 15.00
Butane Gas 85.00
Paper plate 30.00
Total ₱ 800.00
Operating Expenses:
Snacks 0.00
Total
₱ 00.00
Net Profit/Loss
₱ 786.00
INCOME STATEMENT
Product Name: MRJ’s Banana Bite
DAY 4
Sales ₱ 1,567.00
Less:
Materials:
Banana(Saba) 210.00
Cooking oil 75.00
Breadcrumbs 90.00
Condense 90.00
Stick 15.00
Palamig Powder 115.00
Mineral Water 25.00
Butane Gas 150.00
Paper plate 30.00
Total ₱ 800.00
Operating Expenses:
Snacks 0.00
Total
₱ 00.00
Net Profit/Loss
₱ 767.00