Sunday, January 24, 2010

Lesson 79-Opportunities for Entrepreneurial Activities

1. Entrepreneurship is not selective.
2. As long as there are people who are in need, you are in business.
3. Promotion of Industries:
a)Micro Enterprise-home industries operated within the home or housed in makeshift quarters.
-5 workers with not less than 50,000php as capital
b)Cottage Enterprise-managed & operated by a family.
- 6 to 9 workers with 50,000 to 500,000php as capital
c)Small Enterprise-10 to 99 workers with over 500,000 to 5 million pesos as capital
d)Medium Enterprise-100 to 199 workers with over 5 million to 20 million pesos as capital, like specialized manufacturing industries.
e)Large Enterprise-200 workers or more.Over 20 million pesos as capital

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