Entrepreneuship 9
Entrepreneuship 9
Entrepreneuship 9
1. False
2. False
3. True
4. True
5. False
6. False
7. True
8. True
9. True
10. True
11. True
12. False
13. False
14. True
15. True
What’s New
Identify the services offered by the following offices to you as an entrepreneur
1. Department of Trade and Industry (DTI) - for your business tradename
2. Securities and Exchange Commission (SEC) - for partnership or Corporation
3. Bureau of Internal Revenue (BIR) - for getting TIN, official receipts and invoices,
registering your books of accounts and paying your national Internal revenue taxes
4. Mayor’s Office - for getting the license to operate in the city or municipality and
payment of your local business taxes
5. Social Security System (SSS) - for registering yourself or company as an employer and for
remitting your employees’ contribution together with your employer’s share
6. Philhealth - for registering yourself or company as an employer and for remitting your
employees’ contribution together with your employer’s share
7. Pag-ibig Fund - for registering yourself or company as an employer and for remitting
your employees’ contribution together with your employer’s share
What is it?
Answer the following questions:
1. As an entrepreneur, is it important to know the services offered by the offices
mentioned above?
Answer:
Yes, because the services offered by the offices mentioned can help you to be and a good
entrepreneur and also they can help you before starting your business, to know what you will do in
managing a business.
2. If your answer is YES, in what way that their services becomes important to you?
Answer:
Operating a business, the entrepreneur should first consult professionals for advice, like accountants
or consultants from small enterprises. The offices give advice for small business entrepreneurs.
One of the most crucial for starting a business you must have a Mayor’s Business Permit - for getting the
license to operate in the city or municipality and payment of your local business taxes.
4. Do you think a business can last without availing the services of the said offices? Why?
Or why not?
Answer:
It will not last why? Because the office's service offering is needed to operate the
business especially business permit. Offices service is needed for the reason that it advises
the entrepreneur and other things to make the business works without struggle
Assessment
1. B
2. A
3. C
4. C
5. D
6. C
7. D
8. C
9. B
10. C
11. B
12. B
13. C
14. B
15. B