TLE

• entreprenuership is the ability and readiness to develop, organize an run a business enterprise, along with any of its uncertainties in order to make a profit.
• during the ancient times, people traded goods and services through a barter economy. It means that goods and services were traded in exchange for other goods
• chinese merchants sold fabrics and jewelry for a pience of land, domestic animals, food and services. Amount of economy activity in the past shows that commodities such as cattle, grain, trinkets, and shells were commonly used used for exchange purposes
• later on, export and import of goods among nations became very popular. It is known as the world trade
• money in forms of coins which are made from silver and gold. We make use of paper bills too. These are now used by people in trading goods
• Goods and services are now paid by money or currency
• micro business less than Php 50,000
• small business 50,000 to 5 million
• medium business 5 million to 20 million
• the need of the community
• available resources
• skills and interests
• supplies of raw materials
• market where will you sell your products
• man power are expert workers available
• technology is your product or service new or improved?