HOME ECONOMICS AND LIVELIHOOD EDUCATION 5

These are everywhere as long as people have money or resources to spend to satisfy their needs.

• Entrepreneur

• Business Opportunities

• Capital Investment

• Entrepreneurship

It refers to people, institutions, organizations, and agencies that will use or buy the products or services.

• Entrepreneur

• Business Opportunities

• Market

• Entrepreneurship

These are areas of improvement.

• strengths

• weaknesses

• opportunities

• threats

This refers to the experts or trained and efficient personnel to be hired that will work with you as your business partner.

• supplier

• manpower

• capital

• technology

It is a response of a person/s, or an organization to solve an identified problem or to meet the perceived needs in a community.

• business idea

• market

• SWOT analysis

• creativity

It involves identifying business strengths, weakness and examining the opportunities and threats which may affect the business.

• business idea

• market

• SWOT analysis

• creativity

It is a very popular business but, in this business, you will only become a seller and not a business owner. You can sell snacks, any goods and food items at your costumers’ convenience.

• Event and Party Planner

• Rice Retailing Business

• Sari-Sari Store Business

• Food Cart Business

This is the most typical type of business that most Filipinos have, where they sell different stuff like condiments, snacks, candies, and other household necessities in a store located in front of their houses.

• Event and Party Planner

• Rice Retailing Business

• Sari-Sari Store Business

• Food Cart Business

These are the reliable, effective, and current features of a business which allow you to operate more effectively than your competitors.

• strengths

• weaknesses

• opportunities

• threats

It is one of the most promising businesses as it caters people’s natural need for medical relief or cure.

• Drugstore

• Sari-sari Store

• Beauty Salon

• Bakery