Grade 12 Entrepreneurship or Employment.pptx

this is a ppt of entrepreneurship grade 12

1. Entrepreneurship or Employment Rolette B. Aguas

2. Important Career Factors Entrepreneur Employee 1. Income Income is generated passively even when the entrepreneur is resting Income generated actively (i.e., on working hours only); no work = no pay Opportunity income unlimited, depending on the success of the business Income usually fixed per month and increases every year depending on the employer and the employee’s performance Income only earned when the business is successful Income earned whether the business is successful or unsuccessful Tuesday, February 2, 20XX Sample Footer Text 2

3. Important Career Factors Entrepreneur Employee 2. Hiring & Firing, Organizational Setup, & Major Key Result Areas Provides jobs; is the owner of the business and conducts the talent selection. Seeks for a job; is the one applying for a job and is interviewed by the company’s hiring officers. Fully responsible for serving customers, making the business profitable/sustainable, and providing employee satisfaction. Has the goal of satisfying only the employer or the direct supervisor. Has the power to disengage nonperforming employees applying the due process policy of disengaging personnel. Can venture into expansion of business such as franchising and buying other similar businesses. Fully dependent on the employer’s performance; is at risk of losing his or her job if the company does not perform well; may find it difficult to just leave their below par employer if this is their only source of income. Can only work for the current employer exclusively. Tuesday, February 2, 20XX Sample Footer Text 3

4. Important Career Factors Entrepreneur Employee 3. Daily Tasks Performs all necessary variable tasks to establish and manage a startup business, which usually takes most of the entrepreneur’s time; spend more hours on work than a regular employee and sometimes gets no sleep. Has a routine tasks and works on regular or normal hours. Prepares policies, procedures, and memoranda for the business. Follows policies, procedures, and memoranda from the employer. Tuesday, February 2, 20XX Sample Footer Text 4

5. Important Career Factors Entrepreneur Employee 4. Leisure time and vacations Has a flexible schedule and can take unlimited number of vacation days (applicable only if the business has stabilized already) Has a limited number of vacation days imposed by the employer. Tuesday, February 2, 20XX Sample Footer Text 5

6. Important Career Factors Entrepreneur Employee 5. Taxation Taxed on the net income; can claim taxable income deductions for allowable expenses incurred by the business. Taxed on the gross income; cannot use expenses incurred related to the job such as food and transportation expenses to claim for deductions from taxable income. Tuesday, February 2, 20XX Sample Footer Text 6

7. Important Career Factors Entrepreneur Employee 6. Comfort Level at Work Is comfortable in doing multiple and challenging tasks and takes accountability with the risks and profits of the business; does not want to be confined in a box; thinks outside the box or sometimes thinks there is no box. May be comfortable with routines and minimal risks; may also be comfortable in working for the company itself. Tuesday, February 2, 20XX Sample Footer Text 7

8. Entrepreneurship and employment are two different career paths that a person can choose depending on his or her personal aspirations and characteristics. It is really up to the person at the end of the day on what career trail he or she will follow, considering all compelling career factors that are important to him or her. Tuesday, February 2, 20XX Sample Footer Text 8

9. Thank You - Rolette B. Aguas Tuesday, February 2, 20XX Sample Footer Text 9