i
Northern Mindanao Colleges, Inc.
Atega Street, Cabadbaran City
Agusan del Norte
INTRODUCTION
Every business started in small beginnings. Starting a consignment
basis business is an ideal start-up venture for young entrepreneurs like
us because it doesnt require a big capital. However, in order for
our consignment business to be successful, we need to have a good product
that people will always love to have in their everyday life, a good
location and we have to market it well.
We just joined the food industry business this year with our famous
Jams where well sell through displaying our product to small stores or
malls in a consignment agreement and via online. We targeted to open
our first consignment business at Prince Town Cabadbaran. Consignment
items also work will as an online business. As to the consignment shop
owner, they don't pay anything for their inventory until it is sold,
which makes this business ideal, splitting the profits when make a sale.
Many times, the profit split is 60/40, with the higher percentage going
to the consignment shops.
Our business started when we visited the house of our friend and
his mother cooked a Jam in season fruit to this case it was Langka,
since we love its taste, so we came up the idea of making jams using in
season fruits as a business. We even developed several recipes for jams.
We include guava, mango and lemon jam. These jams have been tried and
tested by people but received a positive feedback. After, special
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Northern Mindanao Colleges, Inc.
Atega Street, Cabadbaran City
Agusan del Norte
attention has been given to developing an attractive label that will
stress the gourmet/specialty nature of the products.
When we talk about jam, this is a solid gel made from the pulp of
a single fruit or combination of fruits with a fruit content of at least
40% and a total sugar content of not less than 68% to prevent mould
growth after opening the jar. Jams can be kept for several months when
stored in a cool dry place, away from direct sunlight.
With our Fruit Jam business, we knew that we will face many problems
ahead but we will face it and fix it so that this company will remain
standing and strong in the future. This business will surely be on top
someday because our vision is to be the top-of-mind young entrepreneurs
in the country by providing excellent and quality product with commitment
and unwavering dedication in an effort to provide excellent customer
service. We know that if we stick in our company, we will succeed.
Financial analyses show that the company will have both a positive
cash flow and profit in the first year.
iii
Northern Mindanao Colleges, Inc.
Atega Street, Cabadbaran City
Agusan del Norte
ACKNOWLEDGMENT
We all know that a business plan is a formal statement of business
goals, reasons they are attainable, and plans for reaching them. It may
also contain background information about the organization or team
attempting to reach those goals. And writing a business plan is a
struggle for us knowing we have other subjects that needs attention. But
behind all the struggles weve faced, its being paid.
We cant finish our work without your help so we would like to
acknowledge the people behind this project. We would never have been
able to finish our business plan without the guidance from our Almighty
Father in Heaven.
We would like to express our deepest gratitude to our instructor
Mr. Brian Gangca for the knowledge, excellent guidance and patience n
teaching us on how to write a business plan.
We would like to thanks our families to their undying love,
encouragement and financial support every time well ask money for our
project. To our classmates and friends for keeping us driven with our
goal of finishing this project. This project would not have been possible
without their helps so we are all thankful for that. Our success is
because of you all.
iv
Northern Mindanao Colleges, Inc.
Atega Street, Cabadbaran City
Agusan del Norte
DEDICATION
We dedicated our business proposal to our classmates and friends.
We also dedicate this project to all the future entrepreneurs and the
Business Management, HRM and HRST students of Northern Mindanao Colleges,
Inc. We are hoping that this project will help you as your guide in
making your business proposal. A special feeling of gratitude to our
loving parents with all their words of encouragement.