Entrepreneur X put a coffee shop immediately in his barangay. He thought of an idea that early bird catches the worm. He eventually hired his friends and ordered stocks for his coffee shop business.
Ebtrepreneur Y is planning to open a bakery shop in his place. He gathered first information from the residence of his place whether what kind of bread they love to eat.
1. Among the two entrepreneurs, who do you wanted to be? Why?
2. What is/are the risks to be taken by each entrepreneur?
3. What do you think the importance of business planning is?