Computing Business' Profits - ENTREP 12

Computing Business' Profits - ENTREP 12

By Anton James Villacacan

Draw

How do you feel this time?

Open Ended

In writing the MARKETING section of business plan, what lesson from the past discussion will we use?

Open Ended

In writing the PRODUCTION section of business plan, what lesson from the past discussion will we use?

Open Ended

Mark Up is ________________________.

Open Ended

Selling Price is ________________________.

​MARCH	​APRIL	MAY​
​750	500​	1200​

​Sample projected revenue of puto sales in 3 months.

Multiple Choice

​Sample projected revenue of puto sales in 3 months.

In what month do you think the estimate is wrong?

MARCH - 750

APRIL - 500

MAY - 1200

• MARCH

• APRIL

• MAY

Multiple Choice

From our discussion how many factors should serve as basis in forecasting revenues of the business.

• 1

• 2

• 3

• 4

Multiple Choice

The entrepreneur must be able to identify the overall health of the economy to make informed estimates.

• The economic condition of the country

• The competing businesses or competitors

• Changes happening in the community

• The internal aspect of the business

Multiple Choice

Information about the number of products sold daily or the number of items they are carrying will give your idea as to how much your competitors are selling.

• The economic condition of the country

• The competing businesses or competitors

• Changes happening in the community

• The internal aspect of the business

Multiple Choice

Customer demographic, lifestyle and buying behavior gives the entrepreneur a better perspective about the market. The entrepreneur should always be keen in adapting to these changes to sustain the business.

• The economic condition of the country

• The competing businesses or competitors

• Changes happening in the community

• The internal aspect of the business

Multiple Choice

Another factor that affects forecasting revenues is the business itself.

• The economic condition of the country

• The competing businesses or competitors

• Changes happening in the community

• The internal aspect of the business

​

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Open Ended

Let us Reflect.

As a Monlimarian, how can your knowledge in forecasting revenues help you and your family in minimizing the risk of having short budget in the future?