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Implementing the
business plan
1. Setting up the business plan
Important Aspect
Location
Business Registration
People
Suppliers
Location
Things to consider:
Security
Accessibility
Business rates
Skills base in the area
Potential
Business Registration
>Register your business to concern agencies.
DTI- Department of Trade and Industry.
SEC- Securities and Exchange Commission
Requirement/s:
-You must be 18 years old and above to register your
business name.
-Bring at least two government ID’s , and once your
business name is approved you will pay necessary
fees depending on the coverage of your operations.
Basic Business Permit Registration Process
DTI BRGY.
CLEARANCE
MAYOR’S
PERMIT
TAX
REGISTRATION
After registration proceed to barangay
were your business located.
-Barangay Clearance
-Mayor’s Permit
People
Owner
Employees
Suppliers
-Raw materials/resources
needed.
2.Operating the Business
-Launch your business
-Review your business plan.
-Create a simple daily operating guide based on
your operation plan.
3. Sell the product or service
Focus on selling the features.
Advantages
Benefits of your product or service to your
customers.
4.Sustainability and Evaluation
-Review your business plan.
-Evaluate and analyze your business
performance.
Bookkeeping-is a systematic recording,
organizing ,and retrieving of all financial
transactions of a business or individual in
specific format.
Chart of Accounts- is a financial tool
that lists all the accounts for a given
aacounting system.

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