THE FEASIBILITY STUDY OF ESTABLISHING OF

"A BUSINESS RESEARCH ON CONSUMERS SENSORY EVALUATION ON

INNOVATING CARIOCA LOADED WITH VARIOUS FILLINGS"

Presented to the faculty of the

Senior High School

Arellano University – Andres Bonifacio Campus

In partial fulfillment of the requirement for the strand of

Accountancy, Business and Management

Crisologo

Delgado

Jotojot

Legaspi

Morales

Rivas

Sablay

Suyu

Verde

May 2023
 APPROVAL SHEET

This feasibility entitled The Feasibility Study of Establishing a “A Business

Research on Consumers Sensory Evaluation on Innovating Carioca Loaded

with Various Fillings” prepared and submitted by Crisologo, Delgado, Jotojot,

Legaspi, Morales, Rivas, Sablay, Suyu and Verde in fulfillment of the requirements

for the strand of Accountancy, Business and Management has been examined

and recommended for acceptance and approval for final defense.

CHRISTOPHER B. COROS

Teacher, Project Feasibility Study

ORAL DEFENSE COMMITTEE

Approved by the committee passed the Oral Defense with a grade of

___________.

CHRISTOPHER B. COROS

Teacher, Project Feasibility Study

MA. FE C. ARCIAGA

ABM Strand Coordinator

Panel Chairman

Accepted and approved in partial fulfillment of the requirements for the strand

of Accountancy, Business and Management

 ACKNOWLEDGEMENT

The researchers would like to take this opportunity to offer their sincere
gratitude and admiration to each person for their tireless efforts and important
contributions, which allowed us to finish the project.
The researchers express gratitude to the Lord for giving us the direction we
required to enhance our research papers and for His blessings, which gave us the
fortitude to see our product proposal through to the conclusion of our feasibility study.
We would like to thank Mr. Christopher B. Coros for providing us with guidance
in order to construct this study. He made suggestions, addressed problems, and
evaluated us until the end of the researchers' feasibility study, which they sincerely
appreciate.
For the families' love, support, and consideration during the endeavor. This
research paper could only have been finished with everyone's help in keeping it well-
organized and putting in the necessary time.
In addition to being extremely appreciated, your responses to our
questionnaires and support of our papers helped us finish our feasibility study. And
thanks to everyone who helped us along the way and supported us. We, the
researchers, sincerely appreciate your support.
J.C

P.M.D

D.M.J

A.F.L

J.N.M

C.R

A.S

D.S

A.V
 TABLE OF CONTENTS

TITLE PAGE

APPROVAL SHEET

ACKNOWLEDGEMENT

TABLE OF CONTENTS

INTRODUCTION

CHAPTER I PROJECT SUMMARY

A. Business Name

B. Business Logo

C. Mission

D. Vision

E. Business Location

F. Business Tagline

G. Nature of Industry

H. Business Investment Cost

CHAPTER II MARKET STUDY

A. Project Description

A.1. Products / Services Name

A.2. Uses of the Products / Services

A.3. Major User of the Products / Services

A.4. Geographical Ares of Dispersion

 B. Demand

C. Supply

C.1. Enterprise Supplier

C.2. Competitors

D. Demand and Supply Analysis

E. Price Study

F. Factors Affecting the Market

F.1. Demand

F.2. Supply

F.3. Price

G. SWOT Analysis

H. Marketing Program

CHAPTER III TECHNICAL STUDY

A. The Products / Services

B. The Product or Services Process

C. Location Size, Layout and Facilities

C.1. Location Size

C.2. Floor Plan Layout, Interior and Exterior Design

C.3. Facilities
 D. Equipment, Furniture & Fixtures and Supplies

D.1. Equipment, Furniture and Fixtures

D.2. Production Supplies, Office Supplies and Sanitary Supplies

E. Utilities

F. Waste Disposal

G. Labor Requirements

H. Uniform of Employees

CHAPTER IV MANAGEMENT STUDY

A. Business Process

B. Form of Ownership

C. Organizational Chart

D. Officers and Key Personnel

E. Working Schedule

F. Business Policies and Regulations

CHAPTER V FINANCIAL STUDY

A. Assumption of the Capital

A.1. Sources of Financing the Project

 B. Sales Forecast

C. Compensation

D. Financial Statement

D.1. Income Statement

D.2. Cash Flow

D.3. Balance Sheet

CHAPTER VI SOCIO-ECONOMIC STUDY

A. Contribution to the Philippine Economy

B. Employment Generation

C. Environment Conservation

APPENDICES

APPENDIX A: SURVEY QUESTIONNAIRE

APPENDIX B: SURVEY RESULT

APPENDIX C: SURVEY DOCUMENTATION

APPENDIX D: CURRICULUM VITAE

 INTRODUCTION

Carioca is also known as tinudok with cascaron or buñuelos as variants in

Ilocano. It is also spelled as karyoka in Tagalog, tinurok in Pangasinense, tinudok in

Ilocano, and duro-duro Novo Ecijano. Carioca, also known as carioca balls, are sweet

softballs that resemble buchi or squid balls in appearance that can be eaten as a

snack or dessert and are made with sweet rice flour (but glutinous rice flour can also

be used) and sweetened shredded coconut. This rice cake is made from glutinous

rice that has been combined with either water or coconut milk. It is then covered in

sweet coconut syrup to give it a distinct satisfying sweetness similar to the

caramelized syrup that everyone has come to love. Due to the prevalence of Carioca

vendors on Manila's main streets, these can be categorized as street food. Similar to

the banana cue and camote cue, individual portions are typically skewered in

bamboo.

Traditional Carioca may look outdated to some, especially because the

environment is evolving resulting in people always wanting new and unique types of

things or food. Therefore, The Filled Carioca took on the challenge of thinking about

how to elevate and give a fresh new look to the traditional Carioca. The company

deliberately examines every possible way and factor for the newly improved Carioca

will be well-introduced in the market. After considering all of the variables, The Filled

Carioca land on a decision to make Carioca with fillings.

Carioca with fillings offers customers to have a new view of the traditional

Carioca. The company will offer a variety of flavors for the fillings of the Carioca that
will surely please the customers, they can pick from 6 different flavors which are Milk

Chocolate, Dark Chocolate, Cheese, White Chocolate, Caramel and Mango. The

Filled Carioca ensures the customers, not just the superb, delicious, and delicately

made Carioca but also the happiness and comfort that they will feel after having a

filled Carioca.
 CHAPTER 1

PROJECT SUMMARY

A. Business Name

The Filled Carioca

B. Business Logo

Every hue of The Filled Carioca's logo has a specific meaning. When you eat

The Filled Carioca, you can deepen your friendship with your pals and represent the

color yellow. No discrimination is tolerated at The Filled Carioca, which means that

customers and employees of all races, colors, sexual orientations, and even religious

views are warmly welcomed. Every time a consumer eats a filled carioca, they will

feel joyful because the color red is associated with warmth and joy. The bowl

represents the company since it will be a location where many sorts of people come
together as one because each carioca in the logo represents a specific meaning and

person.

C. Mission

Our mission is to innovate, create, distribute, promote, and sell our product

'Filled Carioca' as a delicacy that satisfies human sweet snack cravings. We will

also ensure that our products can be purchased at a reasonable price.

D. Vision

Our vision is to bring innovation to carioca. To present a new taste of it by

using flavors and improve more than what Filipinos carioca used to eat during

their snack time. And to be the best carioca with different flavored fillings in the

Philippines.

We see our product more in demand in the near future as it was innovated,

and we see our product brings joy and tasteful life for our customers for more

years.

E. Business Location
The Filled Carioca stall is located at 239 Pag-asa Street, Pasig, 1606 Metro

Manila (outside of the Arelleno University Andres Bonifacio Campus,

Elementary Building).

The Filled Carioca chose this location because of its population and we

believe that the product The Filled Carioca is offering will be popular among

the people around this area. Because it is a low-cost product, it may benefit

not only to us but also to the people in this community. One factor that will

influence our decision to sell our product in this specific location is because of

its big community and would benefit The Filled Carioca to increase its sales.
 F. Business Tagline

The Filled Carioca’s tagline is "Everything will be cari-okay" Food is

everything. So, if you eat carioca, you will be okay.” The Filled Carioca’s product can

be considered a comfort food for all, our business also can be considered as a safe

place for everyone. As a result, this can be referred to as comfort food for everyone

because it perfectly suits Filipino tastes and, more importantly, because the price we

will offer is reasonable for everyone. Therefore, eating the Filled Carioca will surely lift

up your mood and make you feel okay.

G. Business Nature of Industry

The Filled Carioca belongs to the Food Industry as it produces, serves and

sells carioca which is a type of sweet snack dessert. The Filled Carioca offers a

sweet snack dessert that is made up of a mixture of glutinous rice flour and coconut

milk (water can also be used) that is deep fried in oil and has caramel syrup or glaze.

The Filled Carioca offers a new and innovative product to the industry that will be

loved and purchased by a lot of consumers.

H. Business Investment Cost

A general partnership business consists of two or more people who combine

their resources to form a business and agree to share risks, profits, and losses. For

many individuals, going into business with a partner is a chance to forge experience,

expertise, and endeavors with others. To maximize some of these benefits, it helps to

understand exactly what a partnership business is. A business partner can help you
balance your strengths and weaknesses and complete your set of abilities.

Additionally, it might help highlight your company's advantages. For instance, if

handling money is something, you're not particularly excellent at, look for someone

who is.

Investment in the business will be funded by the partners also known as the

owners of the business. For the business to start its production the owners must first

invest and spend their own money starting from the business plan to every detail

possible, making the business function in its best to attract not just customers but

also potential investors. Partners should be profit-driven and always make sure that

money is invested properly. The success of these investments has an essential

influence on the future prospects of the company.

Therefore, companies make a capital budget before investing. It aims to

measure investment feasibility. Ideally, the money generated from investing should

be more than the money invested.

CHAPTER 2
MARKET STUDY
A. Project Description

A.1. Products / Services Name

 The Filled Carioca is an innovative version of the traditional version of carioca.

The company came up with an idea to put fillings to the traditional Carioca in order to

add a twist and also to offer new flavors that were new to the taste buds of the target

market. There are five fillings that will be a perfect fit for Carioca, and they are Milk

Chocolate, Dark Chocolate, Caramel, Mango, and White Chocolate. To quench the

thirst of the customers, the business will also be offering some drinks which are fruit

juices that has little bits of fruit chunks on it to add extra texture to the drink. The

flavors of the fruit juices are melon and mango.

A.2. Uses of the Products / Services

The purpose of the filled carioca once the customer purchases the product is

to make them full and to satisfy their cravings for sweets. As the Filled Carioca is a

Filipino merienda or snack that can be eaten anytime of the day. On the other hand,

the fruit juices will give refreshment towards the customers especially in the hot and

humid weather of summer season.

A.3. Major User of the Products / Services

The major user product of the Filled Carioca, such as the company’s target

market, are the people or the community at Pag-Asa St. Barangay Caniogan, Pasig

City. Those people who passes by the Filled Cariocas stall age ranging from 5 years

old to 35 years old and above, will be the company’s target market.

A.4. Geographical Ares of Dispersion

 The chosen location for the business is Pag-Asa St. Barangay Caniogan,

Pasig City. The company chose this place because it is near a school and this place

is always crowded by people such as students and residents of the place itself. With

this place, the company benefited many factors such as having a crowded place

where the chance of people buying the product is high.

B. Demand

TOTAL POPULATION OF PAG-ASA ST. BARANGAY CANIOGAN, PASIG

CITY 2021-2022.

            BARANGAY POPULATION                                NUMBER

Number of Individuals                                  32, 297

Number of Households                                   6, 459

Number of Families                                 10, 012

Shows the total population of Pag-asa st. Caniogan, Pasig City of the year

2021 to 2022 with a total of 32, 297 individuals, 6, 459 households, and 10, 012

families. 

POPULATION ACCORDING TO SEX AND AGE.

              AGE            FEMALE             MALE             TOTAL

1 to 4           1, 130             1, 086             2, 216

5 to 9           1, 397             1, 342             2, 739

10 to 14           1, 438             1, 382             2, 820

15 to 19           1, 474             1, 416             2, 891

20 to 24           1, 505             1, 446             2, 952

25 to 29           1, 440             1, 383             2, 823

30 to 34           1, 522             1, 462             2, 823

35 to 39           1, 323             1, 217             2, 593

40 to 44           1, 138             1, 094             2, 232

45 to 49             985               946             1, 931

50 to 54             824               791             1, 615

55 to 59             669               643             1, 311

60 to 64             497               478               975

TOTAL         15, 342             14, 686             29, 921

Shows the total of 15, 342 of females with the age of 1 to 64 and with the

total of 14, 686 of male with the age of 1 to 64. 

 The bulk of respondents 48% are between the ages of 13 and 18, while

34% are between the ages of 19 and 24. 8% of respondents are between the

ages of 25 and 29, 4% are between the ages of 6 and 12 and 30 to 34, and the

remaining 2% are between the ages of 35 and over. The Filled Carioca should

therefore concentrate on what is popular with the target demographic in order to

keep them interested in the company.

Respondents make up 72% of students, 20% of workers, 6% of self-

employed people, and 2% of jobless people.

48.1% of the respondents had a monthly income of P10,000 or less, 44.4%

have a monthly income of P10,001–P20,000, and 3.7% of the respondents have

monthly incomes of P20,001–P30,000 and P30,001–P40,000.

34.2% of respondents have a monthly allowance of less than P300,

followed by 28.9% of respondents with a monthly allowance of P1,501 or more,

10.5% of respondents have a monthly allowance between P1,201 and P1,500,

P301 and P600, and 7.9% of respondents have a monthly allowance between

P601 and P900 and P901 to P1,200. This section of the survey might assist the

business in setting a price that is reasonable for potential customers.

Majority of respondents—39.6%—spend P50 or less on sweets, followed

by 35.4% who spend P51–100, 10.4% who spend P101–150, 10.4% who spend

P151–200, and 10.4% who spend P301 and above. Only 2.1% of respondents
spend P201–P250 or more on sweets. This section of the survey might assist the

business in setting a price that is reasonable for potential customers.

52% of respondents prefer purchasing chocolate, 16% prefer purchasing

waffles, 8% of respondents prefer purchasing banana cue or brownies, 6% of

respondents prefer purchasing candies, and 4% of respondents prefer purchasing

kamote cue.

40.8% of respondents eat only once daily, 36.7% eat twice daily, 12.2% eat

more than three times daily, and 8.2% eat three times daily, leaving 2% of

respondents to eat nothing at all.

Suman is the kakanin that respondents are most familiar with, followed by

biko 72%, puto 70%, bibingka 58%, kutsinta and puto bumbong 54%, carioca

52%, sapin-sapin 50% and palitaw 48%, and calamay 38%.

According to 32.7% of respondents, caramel is the ideal filling for a carioca,

followed by white chocolate 24.5%, milk chocolate 22.4%, dark chocolate 14.3%,

and cheese 6.1%, while white chocolate is preferred by 24.5% of respondents. 

The filling of caramel was favoured by the majority of respondents 32.7%,

followed by white chocolate 24.5% and milk chocolate 22.4%. Dark chocolate

14.3% and cheese 8% were the least popular fillings.

Among the fillings, caramel is the most popular with 14.3%, while milk

chocolate is the least popular with 4.8%.

 93.8% of respondents said they adored carioca with filling while only 6.3%

disagreed. 

60% of respondents found the flavor of carioca to be soft and chewy, 24%

thought it was delightfully sweet, 10% thought it was dooey, and 6% thought it

was crunchy on the outside.

According to the respondents, Yema has the highest percentage of

additional filling 44%, followed by ube halaya 24%, bavarian cream 20%, and

strawberry jam 12%.

The respondents like to have their carioca served warm and freshly cooked

60% followed by the recommendation that it should be just right for quick

consumption 36%, and cold 4%.

87.8% of respondents preferred the carioca to be served on a stick as is

customary, while 12.2% disagree.

Respondents' top three preferred beverages as cold bottled water 26%,

melon samalamig 20%, mango samalamig 16%, and coffee 14%. Coke, sprite,

and royal are the least popular beverages, with a combined 10%, 8%, and 6%

preference.

The respondents' predictions for the most popular filling flavors are white

chocolate scoring the highest with 28% and both caramel and milk chocolate

scoring 24%. 8% for cheese and 16% for dark chocolate.

 The concept of adding a filling is unique, with a score of 54%, followed by

product quality at 28% and filling diversity at 18%.

72% of respondents indicated they preferred the larger variety of carioca

while 28% disagreed.

C. Supply

C.1. Enterprise Supplier

SUPPLIES SUPPLIER LOCATION

Pot Pasig Mega Market Caruncho Ave. Pasig

Tongs Star Market Pasig Blvd. City, Metro Manila
Bamboo Mini Fork / Pasig Public Market Banaag, Pasig City, Metro
Toothpick
Paper Box For Manila
Packaging Pasig, Metro Manila
Gas Stove
Lpg Gas
Tray
Apron
Hairnet
Strainer
Tissue Napkin
Food Containers
Plastic Gloves
Knife
Chopping Board
Bowls
Whisk
Tables
Dark Chocolate
Milk Chocolate
White Chocolate
Caramel
 Mango
Glutinous Rice
Flour
Shredded Coconut
Coconut Milk
Brown Sugar
Cooking Oil

Chairs Taytay Furniture Center El Monteverde

Bar Stool AGN Fine Future Subdivision, Taytay,1920
Office Chair Manlapaz Furniture Score
Office Table Rizal
Cabrera RD, Dolores,
Taytay, 1920 Rizal
National Road, Taytay,
1920 Rizal

Suppliers have a hugely important role at every stage of the product lifecycle.

From sourcing raw materials to helping ramp up production and finding better options

for raw materials as the market starts becoming saturated, companies need to work

closely with their suppliers to get the best out of their products. They source raw

materials to expedite production and find better quality raw materials in a saturated

market. Every company needs to have a solid relationship with its supplier in order to

create the best products. Suppliers provide the transportation of those materials.

Without a solid relationship with its suppliers, a company cannot offer its own

customers a consistently high-quality product or service.

Having a good relationship with suppliers is key to success. Companies need

to offer a clear and consistent production plan, as well as ensure that their suppliers

are meeting any agreed-upon deadlines and delivering the quality of materials and

components that the company is expecting. Regular communication is key to

maintain a healthy relationship, and it is essential to provide suppliers with detailed

product specifications and purchase orders in a timely manner. It is also important to

ensure that timely payments are made, with any disputes or disagreements handled

professionally.

C.2. Competitors

A. Unique Selling Point (USP)

The Filled Carioca is inspired by the traditional Carioca, the company's

competitors' forte. For the company to be known as a unique enterprise, its Unique

Selling Point is introducing Carioca, filled with delectable fillings. It will be the strength

of the business for no other business has created this product only The Filled

Carioca.

B. Price

The table indicates the pricing of the following flavors; it has different price

ranges because of their different fillings. Milk Chocolate and Dark Chocolate cost

PHP 20.00 for 3 pieces and PHP 73.00 for 12 pieces. Caramel, and Mango cost PHP

25.00 for 3 pieces and PHP 93.00 for 12 pieces. Lastly White Chocolate cost PHP

30.00 for 3 pieces and PHP 113 for 12 pieces

FLAVOR PRICE FOR 3 PCS. PRICE FOR 12 PCS.

Milk Chocolate ₱20 ₱73

Dark Chocolate ₱20 ₱73

Caramel ₱25 ₱93

Mango ₱25 ₱93

White Chocolate ₱30 ₱113

C. Quality

The quality of The Filled Cariocas product will surely be beyond the

expectation of the customers as the Cariocas are freshly made because the

ingredients that the business will be using are also fresh.

D. Convenience and Location Convenience

The location of the business will be easily accessible to the target market.

Location is important because it can affect the growth of the business. If the business

is located appropriately to where the target market is, customers will come rushing to

purchase from the store.

E. Product Range

The focus of the business is mainly Carioca, but it will be bland if the product

will be just plain Carioca, therefore, the company thought of adding flavor to it. One

flavor will not be enough because some customers may intend on not wanting the

flavor or they can easily get tired of it for The Filled Carioca is not offering a wide

selection of flavors. Therefore, The Filled Carioca come up with a decision to offer

various fillings, so the customers will have a lot of choices to choose from and to try

on.

F. Customer Service

Filled Carioca's food will be served quickly so that clients won't have to wait a

long time to eat, and the servers at the business establishment are friendly to make
the customers feel welcome. Customers will also feel warm and cozy in the location

where the business is located.

D. Demand and Supply Analysis

The Filled Carioca team conducted a survey and interpreted the results,

which showed that the company's products are in demand. All 50 respondents

(100%) were willing to try the carioca with fillings offered by the company. They

also provided recommendations to further improve the products. Of the

respondents, 72% (36) preferred a bigger size of carioca with filling. Only 52% of

26 respondents were familiar with carioca, while the rest were unfamiliar.

However, 93.8% (45) of them agreed that people of the same age as theirs would

love to try carioca with filling.

The company will source its supplies from three (3) suppliers: Pasig Mega

Market, Star Market Pasig Blvd, Pasig Public Market, and Taytay Furniture Center

AGN Fine Future Manlapaz Furniture Score. By purchasing supplies from these

suppliers, the company can ensure that it will have enough products for Carioca's

production and meet the market's demands. Consequently, the company can

provide sufficient supply to the market.

The survey results showed that the company's filled carioca products are in

high demand, with all respondents expressing a willingness to try them. The

majority of the respondents provided feedback and recommended improving the

product's size. By sourcing supplies from three different suppliers, the company

can ensure a sufficient supply to meet the market's demands. With these findings,
 the company can capitalize on the potential market for filled carioca products and

further improve the product to meet customers' preferences.

E. Price Study

The pricing strategy that the Filled Carioca uses is the Penetration Pricing

wherein the price range for the Filled Carioca. It has a different price range

because of its different fillings. 

FLAVOR PRICE FOR 3 PCS. PRICE FOR 12 PCS.

Milk Chocolate ₱20 ₱73

Dark Chocolate ₱20 ₱73

Caramel ₱25 ₱93

Mango ₱25 ₱93

White Chocolate ₱30 ₱113

F. Factors Affecting the Market

F.1. Demand

When it comes to the Demand, factors that could affect it are, Taste and

Preferences, Price and Changes in the Prices, Population Growth, and Availability of

Substitutes.

Taste and Preferences has a direct impact on the demand of consumer goods.

The taste of the company’s product should meet the consumer’s preferences.
 Price and changes in the prices is also another factor that could affect the

market because If the consumers cannot afford the product, the demand of the

product will decrease. So, the cost of the product should meet the consumer’s

budget, the company should unbundle the products, make changes to the product

and give a discount or promotion.

Because of the growing population, the company should maximize and

increase the production of the products to ensure sufficient supply to the market.

When the population grows, the demand will increase, so the company should make

more supplies to be able to supply sufficiently and avoid the unavailability of goods.

The company should have substitutes ready like substitute raw materials,

substitute products like banana cue and other sweet kakanin snacks. That is

important especially when there's a shortage with the supply of raw materials and

when the productivity of the workers or the manpower decreases. With the help of

this, the products would just be enough for the demand and vice versa.

F.2. Supply

When it comes to Supplies, factors that could affect it are, Shortage of Raw

Materials, Price of Raw Materials, and Productivity of Workers.

When it comes to supplies, shortage of materials is a big problem. To avoid

the problem, the company should always make sure that there are enough stocks

available and ready.

 Price of raw materials may affect the supply as it is always changing due to

incidents such as inflation. To avoid too expensive raw materials, the company

should purchase raw materials from the direct owner or direct producer of the raw

materials.

Productivity of workers may affect the production of supply as the workers are

the one who make the products. If they are lazy and not motivated to work for the

company, then the company cannot supply enough products to the market. When

that happens, the company should motivate their team and make sure that the

workers are motivated at all times.

F.3. Price

When it comes to the Price, the factors that could affect it are, Production

Cost, Unavailability of Goods, and Competition.

Production costs affect the price of the products of the business such as the

raw materials, equipment, rent, and other supplies that are needed for the business

and to produce carioca. The company will depend on the expenses and to the

supplies needed to produce the product which where the price is based on. If

encountered, the company should act such as if the expenses are high, the price of

the carioca will also rise.

Unavailability of goods is a common problem for food production businesses.

This is what happens when the shortage comes. It's either a shortage of raw
materials, supplies, or the product itself. And it is also sometimes a result of not

having enough workers. With that, there will be problems with the production, which

may decrease the number of products available. Due to those circumstances, the

company should increase the price of the products and add staff.

When competitors are encountered, the business will be affected. To solve the

problem, the company should match the price of the competitor to maximize the

demand of the product of the company.

G. SWOT Analysis

Strengths Weaknesses Opportunities Threats

Gluten-free - the Have seasonal Upgraded and Many vendor

ingredients have a ingredients - innovated new competitors
variety of health disadvantages to flavors of especially in
benefits and good have seasonal sweet public places -
for people with ingredients and it treats - share Lack of support
gluten and fat can cause lack of the new from local buyers.
allergies. ingredients for the innovated and Because the
production of our upgraded original and plain
product, when one version of the carioca is already
ingredient is not carioca which known and famous
available. has different in the industry.
types of fillings.
One-of-a-kind Pricey - because of Sell to a certain They don't like our
snack - made out the high prices of the area where upgraded version
of glutinous rice ingredients have of carioca - some
flour and coconut needed to make the low customers prefer
glaze with different product. The competition - it the original and
varieties of fillings. products price is can be easily plain carioca. It
expected to be capitalized on can't be denied that
pricey as well the situation by the Filled Carioca
compared to the well increasing the can be compared to
known version of price to a certain the original carioca.
Carioca. level.

Uncommon for Customers who Brand

public places – it are gluten recognition
will be a new taste sensitive - it's good - using the social
for other because the filled media platforms
customers, carioca is gluten and different
because it is free yet it's not types of
uncommon, not suitable for people advertising, The
like the other ones who is gluten Filled Carioca
that is commonly sensitive. can be
bought from other recognized in
vendors. the market and
also in the
industry.

H. Marketing Program
A. Promotional Materials

Promotional Materials is a very common type of promotional strategy. The

printing of promotional materials can be expensive. Also, this type of promotional

strategy can be designed and provided by the company itself.

B. Social Media Platforms

Social Media can also be used for promoting a product. In this generation

social media is almost used on everyone’s daily lives. Therefore, promoting a

product using this type of strategy can surely reach a lot of target market and

consumers.
C. Tarpaulin

Tarpaulin is another option for the Filled Carioca to promote their product. This

will promote the business as it focuses on the new product Filled carioca which

the company created and established. It shows what kind of product it is, and as it

is a new product, customers are always willing to try.

E. Signage

Signage is used to advertise the product of the company. This will help the

company to advertise the product more. As it will bring awareness to people that a

new product is launched and also help spread information about the product.
The Filled Cariocas Packaging

CHAPTER 3
TECHNICAL STUDY
A. THE PRODUCT

INGREDIENTS LABEL TOTAL COST

Dark Chocolate Filled Carioca

Dark Chocolate 1 box (24 pcs.) ₱300

Milk Chocolate Filled Carioca

Milk Chocolate 1 box (24 pcs.) ₱300

 White Chocolate Filled Carioca

White Chocolate 1 box (24 pcs.) ₱300

Caramel Filled Carioca

Caramel 1 pack (100 pcs.) ₱240

Mango Filled Carioca

Mango 10 pcs. ₱200

Cheese Filled Carioca

Cheese 3pcs (140 grams per pack) ₱175

INGREDIENTS
Glutinous Rice Flour 3000 grams (500g per pack) ₱300

Shredded Coconut 600 grams (100g per pack) ₱720

Coconut Milk 2400 ml (400ml per pack) ₱600

Brown Sugar 12 kilos (2 kilos per pack) ₱1,080

Cooking Oil 5 liters ₱1,200

Total of 150pcs. Of carioca per flavor ₱3,900

B. PRODUCT PROCESS

Disclaimer: The persons hand used in the picture was washed and

sanitized.

C. LOCATION SIZE, LAYOUT AND FACILITIES

C. 1. Location Size
 The Filled Carioca target size for the physical store is a regular stall. A stall

will be convenient for the business and will be placed in 239 Pag-asa Street,

Pasig, 1606 Metro Manila (outside of the Arellano University Andres Bonifacio

Campus, Elementary Building), therefore, an extravagant and big spaced-kind

of the store will be unnecessary. P50,000 or 38.46% will go for hiring workers

in making the stall itself, from the raw materials to the painting, and even for

setting it up. The stall will be the face of the business since it is the physical

store so making sure that the stall is close to perfection is a must. The stall will

be easy to find and easy to access for it will be put in plain sight. The stall will

be filled with colors and designs representing the business itself. The menu or

the flavors that the customers will choose from and at the same time the prices

will also be hanging from the stall to avoid confusion. The manufacturing of the

products will be held in L2 BLK3 Pleasant Village Manggahan Pasig City, a

house will be used for storing and making of the Cariocas. The cooking of the

product will be on the stall to keep the freshness of the Cariocas when served,

a new batch of Cariocas will only be delivered to the stall from the

manufacturing and storage house if the stocks of the Cariocas in the stall is

low.

C. 2. Location Layout

Exterior Layout: Pag-asa St. This is the layout and design of the store
Interior Layout: Manggahan, Pasig City. This is where the production of the

product will be held.

Street View Layout: Pag-asa St. Caniogan Pasig this is where the stall of the

Filled Carioca will be held.

C. 3. Location Facilities

Exterior

The Filled Carioca made a stall that is Filipino in style because carioca

is a very well-known Filipino snack. The elements of an outside design that will

catch the people’s attention by having a warm color, neat, appropriate signage

and illumination. In addition, we've set up a chair for our clients, so they can

relax while they wait for their orders and authenticity are aspects of an outside

design that will unquestionably draw attention from passersby.

Interior

As for the interior layout of The Filled Carioca, it is made a simple yet

elegant themed. The cook and cashier are inside our stall to manage all the

necessary things to do. Also, the interior has a free space with chairs to
 monitor sales, respond to online orders and do business with possible

franchises and investors

Street View

The Filled Carioca stall is located beside the gate of Arellano University

Elementary Building. Along the way of the side walk and the road. Which is

where the people or the students passes by. The place where the business is

held can be seen in an instant as it is in the sidewalk and near the school.

D. EQUIPMENT, FURNITURES & FIXTURES AND SUPPLIES

D. 1. Equipment, Furnitures & Fixtures

Equipment, Description Quantity Prices

Furnitures &
Fixtures

Pot It is a rounded or cylindrical container, 2 pcs. P 300

usually made of ceramic ware or ( 300 x 2=
metal, used for cooking. It is used for 600)
deep frying the Filled Carioca.

Tongs Tongs are used for different types of 4 pcs. P 250

cooking. It will be used for our product ( 250 x 4 =
when we are deep frying our Filled 1,000)
Carioca. Tongs will be the one used
to pick it up from hot oil.

Gas Stove A stove that uses natural gas as a fuel 1 pc. P 900
source to cook food. This is what we
will use to heat up our oil and cook
our Filled Carioca.

Tray It is a flat, shallow container with a 5 pcs. P 80

 raised rim, typically used for carrying ( 80 x 5 =
food and drink, or for holding small 450)
items. This is where we will put the
cooked Filled Carioca before serving
them.

Apron Apron is a garment usually of cloth, 4 pcs. P 240

plastic, or leather usually tied around ( 240 x 4 =
the waist and used to protect clothing 960)
or adorn a costume. This will be used
by the workers while handling the
production process of the product and
while serving it to the customers.

Hairnet It is a small, often elasticized, fine net 10 pcs. P 40

worn over long hair to hold it in place. ( 40 x 10 =
It is worn to keep hair contained. A 400)
snood is similar, but a looser fit, and
with a much coarser mesh and
noticeably thicker yarn. This will be
used by the customers while in the
kitchen or cooking the Filled Carioca,
to avoid the hair having contact with
any of the product that will be served.

Strainer It is a device having holes punched in 2 pcs. P 200

it or made of crossed wires for ( 200 x 2 =
separating solid matter from a liquid. 400)

Knife It is a cutting instrument consisting of 2 pcs. P 400

a sharp blade fastened to a handle. ( 400 x 2 =
800)

Chopping A cutting board is a durable board on 2 pcs. P 120

Board which to place material for cutting. ( 120 x 2 =
240)

Bowls A bowl is a round container with a 5 pcs. P 160

wide uncovered top. Some kinds of ( 160 x 5 =
bowl are used, for example, for 800)
serving or eating food from, or in
cooking, while other larger kinds are
used for washing or cleaning. Put all
the ingredients into a large bowl.
Whisk Whisk is a utensil used for whipping 2 pcs. P 80
or mixing. ( 80 x 2 =
160)

Chairs Chair is a separate seat for one 4 pcs. P 690

person, typically with a back and four ( 690 x 4 =
legs. 2760)

Desktop 10.1 This set is use for monitoring the 1 pc P 30,000

Cash Drawer sales of the company and securing 1 pc
Receipt it,because 1 pc
Printer
Keyboard 1 pc

D. 2. Supplies

Supplies Description Quantity

Dark Chocolate Dark chocolate contains 50-90% cocoa 1 box (24 pcs.)

solids, cocoa butter, and sugar, whereas

milk chocolate contains anywhere from

10-50% cocoa solids, cocoa butter, milk

in some form, and sugar.

Milk Chocolate Milk Chocolate with its light brown color, 1 box (24 pcs.)

creamy texture, and sweet flavor, milk

chocolate is widely regarded as the most

popular type of chocolate. It is made by

 combining chocolate liquor (cocoa solids

and cocoa butter) with sugar, and milk.

Sometimes an emulsifier, such as soy

lecithin, is added to enhance its

smoothness.

White Chocolate White chocolate is a chocolate 1 box (24 pcs.)

confection, pale ivory in color, made

from cocoa butter, sugar, milk solids and

sometimes vanilla. White chocolate does

not contain cocoa solids, which are

found in other types of chocolate, such

as milk chocolate and dark chocolate.

Caramel Caramel is an orange-brown 1 pack (100

confectionery product made by heating a pcs.)

range of sugars. It can be used as a

flavoring in puddings and desserts, as a

filling in bonbons, or as a topping for ice

cream and custard.

Mango A mango is an edible stone fruit 10 pcs.

produced by the tropical tree Mangifera

 indica. It is believed to have originated in

the region between northwestern

Myanmar, Bangladesh, and northeastern

India.

Cheese Cheese is a dairy product produced in 5 pcs.

wide ranges of flavors, textures, and

forms by coagulation of the milk protein

casein. It comprises proteins and fat

from milk.

Glutinous Rice Flour Glutinous rice flour is milled flour made 10 packs (500g

by grinding cooked and dehydrated per pack)

kernels of long or short-grain glutinous

rice. Glutinous rice, also known as sticky

rice or sweet rice, refers to any type of

rice high in amylopectin starch and low

in amylose starch.

Shredded Coconut Shredded coconut is “grated” bits of 10 packs (100g

coconut, usually in long thin per pack)

strips/strands. They are then dried out,

but still, retain more moisture than

 desiccated coconut. Desiccated coconut

is finely ground coconut, rather than

bigger strips. This is also usually drier

than shredded coconut.

Coconut Milk Coconut milk is an opaque, milky-white 10 packs

liquid extracted from the grated pulp of (400ml per

mature coconuts. The opacity and rich pack)

taste of coconut milk are due to its high

oil content, most of which is saturated

fat. Coconut milk is a traditional food

ingredient used in Southeast Asia,

Oceania, South Asia, and East Africa.

Brown Sugar Brown sugar is granulated cane sugar 2 packs (2 kilos

with added molasses. It is coarser and per pack)

more moist than white sugar and imparts

a unique flavor and dark color to food

systems. Two main forms of brown

sugar are available: Unrefined.

Cooking Oil Cooking oil is plant, animal, or synthetic 1 (5 liters)

liquid fat used in frying, baking, and

 other types of cooking. It is also used in

food preparation and flavoring not

involving heat, such as salad dressings

and bread dips, and may be called

edible oil.

E. UTILITIES

Table 1. Utilities (house for production)

No. Particular Source Cost Cost

per per
Month Year

P 1,150 P 10, 350

1. Gas Regasco One Stop LPG Shop

2. Water Manila Water P 1,200 P 14,400

( the water that the team will use
will come from the house of one
of the owners and will have a
separate meter.)

3. Electricity Meralco P 1,000 P 12,000

(house) (the team will be using electricity
from one of the owners' houses,
. which will have a separate electric
meter.)

4.  Internet PLDT P 1,000 P 12,000

Connection (the company will use wifi for the
 office)
(WiFi)

Table 1. Utilities (stall)

No. Particular Source Cost Cost

per per
Month Year

1. Gas Regasco One Stop LPG Shop P 3,450 P 41,400

2. Water Manila Water P 300 P 3,600

( the water that the team will use will
come from the house of one of the
owners and will have a separate
meter.)

4. Electricity  Meralco P 750 P 9,000

(the team will be using electricity from
  the landlord's house, but will have a
separate electric meter since the team
are renting a stall)

F. WASTE DISPOSAL

Since the dump truck will have the responsibility to collect all the trash, the

waste will be disposed of every morning between 5:00 and 6:00 am. When rubbish

needs to be disposed of but was forgotten, one of the garbage collectors will be

ordered to do it and will then be paid a modest sum, such as 20 pesos.

G. LABOR REQUIREMENT

POSITION SALARIES

General Manager 20,072

Cashier 19,292

Cook 18,148

Production Team 18,148

H. UNIFORM OF EMPLOYEE

For Manager and Cashier:

For Cook and Production Personnel:

 CHAPTER 4
MANAGEMENT STUDY
A. Business Process

The Filled Carioca’s business hours are 1:00pm up until 5:00 pm from monday

to saturday, and will be closed during sundays because the company believes

that it is a day for the family . The production hour is 10 am because the

employees will prepare the batter of carioca and mold it into balls before going

to the stall. At the start of their duty the employee must pre–cook the carioca
 so that it can seal its freshness. The company guarantees that there would be

a fifteen minute break time for the employees in order for them to rest. When

it's already 5:00pm the employees in charge at the stall will make sure to clean

up before leaving.

B. Form of Ownership

A general partnership business consists of two or more people who combine

their resources to form a business and agree to share risks, profits, and

losses. For many individuals, going into business with a partner is a chance to

forge experience, expertise, and endeavors with others. To maximize some of

these benefits, it helps to understand exactly what a partnership business is.

There are also advantages of having a partnership in a business. The ability to

pool resources can provide The Filled Carioca with more capital and access to

new investors, sharing business expenses with our partners can help The

Filled Carioca save more. Being able to share skills and institutional

knowledge is a key benefit of a business partnership. This can help broaden

The Filled Carioca's expertise and the versatility of the business. Bringing in

partners can provide new perspectives on how The Filled Carioca does

business by seeing things from a different angle. Partners can offer fresh

ideas, market strategies, and inspiration to grow the business.

There are also disadvantages to having a partnership in a business. The

primary drawback of a partnership is that all partners share losses, debt, and

risk, and are fully liable for the financial obligations of the business. This

means creditors can seize any partner's personal assets if these obligations

are not met. Partners share decision-making and may need to compromise

when they can't agree. Having more than one person making business

decisions creates the potential for differences of opinion that can lead to

conflict. Partners may also become bitter if they feel like one person isn't

contributing his or her fair share. But in order for the Filled Carioca to prevent

these disadvantages from occurring, The Filled Carioca should create a

business partnership agreement.

A business partnership agreement is a written contract between partners that

specifies their obligations and contributions to the business, as well as other

conditions of their relationship. The business partnership agreement should

contain details or plans in case something is a blur. Determine how The Filled

Carioca will make important decisions and what to do when partners disagree.

It's important to calculate and make clear how much of the business each

partner owns. Also indicate how much money each contributed to join the

business, and what should happen if the business needs more money to

operate.
C. Organizational Chart

D. Officers and Key Personnel

 JOB POSITION JOB SPECIFICATIONS JOB REQUIREMENTS

Manager -Able to supervise ~ Excellent knowledge of

employee/staff managing staff

productivity ~ Outstanding
communication skills
-Manage employee
activities, ~ Experience in
developing business
providing suitable stategies
resources.
~ Superior development
-Establish and grow skills, with a focus on
relationships with relevant employee coaching and
partners. development

-Controls and directs ~ Good at understanding

organization situation related to the
business
or department's personnel
and activities. ~ Excellent managing and
multi tasking skills
-Planning the business
~ Able to adapt in the
-Organizing materials, situation in any
inventory, and and circumstances
equipment

-Leads the staff members,

marketing leaders, and
quality leaders

-Controls the situation

whether it is good or bad.

Staff -Able to do their job ~ Outstanding

communication skills
~Give a proper costumer
Service ~ Approachable

-Able to face the ~ To do the work their

challenges towards them hired for
 -Guide Costumer ~ Friendly, reliable, and
punctual
~Helps in Advertising the
product ~ Physically fit and able to
work on your feet for long
-Takes care of the periods
materials and equipment.
~ Ability to work irregular
-Prepares the product. hours (Day and night
shifts)
-Molder
~ Enjoy working with other
-Mixer people

~ Proper wear and

hygiene

~ Productive

Marketing Leader -A marketing director is ~ Proven ability to plan

responsible for providing and manage budget
directionguidance and
leadership to a marketing ~ Knowledge on
department marketing role

~Manage marketing of a ~ Detail Oriented

business, organization,
particular product or group ~ Good communication
of products. skills

-In charge of leading our ~ Innovative

company's marketing
efforts. ~ Collaborative Excellent
marketing skills
-Evaluating and
developing our

~ Communicating the
Marketing Plan

~ In charge on Advertising

~ In charge on Digital
Promotion
Finance Leader ~ Provides financial ~ Good communication
support for spending, skills
accounts payables, and
receivable accounts ~ Have teamwork and
collaboration skills
~ Reviewing, observing,
and handling finances ~ A degree in several year
experience in the financial
~ Creating effective field as accountancy
methods to reduce
financial risk ~ Critical thinking skills

~ Gathering, analyzing, ~ Problem solving skills

and assessing financial
data ~ Postgraduate degress in
financial management
~ Reports to
management, warning ~ Economically educated
them on possible effects
on the firm and coming
business decisions

Quality Analyst ~ Responsible for ~ Good communication

implementing and skills
executing inspection
~ Have teamwork and
~ Testing the product collaboration skills

~ Evaluate the methods ~ A degree in several year

that is used to create the experience in the financial
product field as accountancy

~ Reports the collected ~ Critical thinking skills

data from the product
~ Problem solving skills
~ Inspector
~ Postgraduate degress in
~ Manages the production financial management
line which are analyzed in
detail ~ Economically educated

E. Working Schedule
F. Business Policies and Regulations

Rules:

Always be on time .

Always wear required work clothes containing Proper Uniform, an apron and a

hairnet during working hours.

Any electronic device is prohibited to use during working hours

Be polite towards other workers and to customers as well.

Never skip working hours or days if there is no valid reason.

You must file a letter a week before the designated date of your leave.

If you will file a sick leave, you must provide a medical certification.

Punishment:
 If you are late by more than half an hour, for three times in a row, the company

will deduct a 50 Php in every 30 minutes that you are late for work.

If caught using any electronic device for three times without valid reason, The

punishment will be deducting your rest day and will be forced to work

accordingly.

If you consecutively violate the company’s rules, you will be terminated.

(applied to every rule).

CHAPTER 5
FINANCIAL STUDY
A. ASSUMPTION OF THE CAPITAL

LABEL AMOUNT PERCENTAGE

RENT (3-
month P15,000 11.54%
deposit)

STALL P20,000 15.38%

MAKING

EQUIPMENT P30,000 23.08%

INGREDIENT P15,000 11.54%

S (For a
month)

PROMOTION P7,000 5.38%

AL FUND

UTILITIES P8,850 6.81%

EXPENSE
(For a month)

SALARIES P29,950 23.04%

EXPENSE
(For a week)

EMERGENCY P4,200 3.23%

FUND

A. 1. Sources of Financing the Project

To start a business capital must be present and should be used properly to

generate profit and return on capital. The Filled Carioca will start with a capital

of P130,000. 11.54% of the capital, which is P15,000, will all go for the rent, it

rises to P15,000 because the business should give a 3-month advanced

deposit to the owner of the space that the business will be renting. P20,000 or

15.38% will go for making the stall itself, from the raw materials to the painting,

and even for setting it up. The stall will be the face of the business since it is

the physical store so making sure that the stall is close to perfection is a must.

The 23.08% or P30,00 will all be invested in the equipment needed in

producing the product. P15,000 or 11.54% will be going to the ingredients that

will be good for a month. Equipment should be durable to avoid buying new

equipment again while ingredients should be high-quality for the flavors to be

riched and distinct for the customers to be fond of The Filled Carioca.

Promotions are crucial especially for a start-up business, therefore The Filled

Carioca will allocate 5.38% or P7,000 on reaching out to its potential

customers by making posters, and fliers, opening online pages, and boosting it

so many people can be notified and also by hiring an influential person or

someone who's famous on the internet to try all the products make a review

about it and promote it. For the utilities the capital will only provide for a month

allocating to P8,850 or 6.81%. The salaries expense that will be covered by

the capital is the salary for the first week which is P29,950 or 23.04% The

remaining P4,200 or 3.23% will be saved as the emergency fund.

Capital is typically cash or liquid assets being held or obtained for expenditures. The

Filled Carioca's type of business organization is partnership wherein it has two

owners. And those owners must share capital to start a business. The Filled

Carioca's owners’ source of capital is the money that both the owners saved for the

business. The money that both owners have is 65,000.00 each so the total capital for

the business is 130,000.00.

B. SALES FORECAST

YEAR 2023 2024 2025

QUANTITY Milk Chocolate Milk Chocolate Milk Chocolate

3 pieces 3 pieces 3 pieces
2,600 x 9 = 23,400 2,600 x 12 = 31,200 2,600 x 12 = 31,200
12-pieces 12 pieces 12 pieces
1,300 x 9 = 11,700 1,300 x 12 = 15,600 1,300 x 12 = 15,600

Dark Chocolate Dark Chocolate Dark Chocolate

3 pieces 3 pieces 3 pieces
2,600 x 9 = 23,400 2,600 x 12 = 31,200 2,600 x 12 = 31,200
12 pieces 12 pieces 12 pieces
1,300 x 9= 11,700 1,300 x 12 = 15,600 1,300 x 12 = 15,600

Ube Halaya Ube Halaya Ube Halaya

3 pieces 3 pieces 3 pieces
2,600 x 9 = 23,400 2,600 x 12 = 31,200 2,600 x 12 = 31,200
12 pieces 12 pieces 12 pieces
1,300 x 9 = 11,700 1,300 x 12 = 15,600 1,300 x 12 = 15,600

Caramel Caramel Caramel

3 pieces 3 pieces 3 pieces
2,600 x 9 = 23,400 2,600 x 12 = 31,200 2,600 x 12 = 31,200
12 pieces 12 pieces 12 pieces
1,300 x 9 = 11,700 1,300 x 12 = 15,600 1,300 x 12 = 15,600

Mango Mango Mango

3 pieces 3 pieces 3 pieces
2,600 x 9 = 23,400 2,600 x 12 = 31,200 2,600 x 12 = 31,200
12 pieces 12 pieces 12 pieces
 1,300 x 9 = 11,700 1,300 x 12 = 15,600 1,300 x 12 = 15,600

White Chocolate White Chocolate White Chocolate

3 pieces 3 pieces 3 pieces
2,600 x 9 = 23,400 2,600 x 12 = 31,200 2,600 x 12 = 31,200
12 pieces 12 pieces 12 pieces
1,300 x 9 = 11,700 1,300 x 12 = 15,600 1,300 x 12 = 15,600

TOTAL= 210,600 TOTAL= 280,800 TOTAL= 280,800

SALES Milk Chocolate Milk Chocolate Milk Chocolate

3 pieces 3 pieces 3 pieces
23,400x20= 468,000 31,200x20 = 624,000 31,200x20 = 624,000
12 pieces 12 pieces 12 pieces
11,700x73= 854,100 15,600x73=1,138,800 15,600x73=1,138,800

Dark Chocolate Dark Chocolate Dark Chocolate

3 pieces 3 pieces 3 pieces
23,400x20= 468,000 31,200x20 = 624,000 31,200x20 = 624,000
12 pieces 12 pieces 12 pieces
11,700x73= 854,100 15,600x73=1,138,800 15,600x73=1,138,800

Ube Halaya Ube Halaya Ube Halaya

3 pieces 3 pieces 3 pieces
23,400x25 = 585,000 31,200x25 = 780,000 31,200x25 = 780,000
12 pieces 12 pieces 12 pieces
11,700x93=1,088,100 15,600x93=1,450,800 15,600x93=1,450,800

Caramel Caramel Caramel

3 pieces 3 pieces 3 pieces
23,400x25 = 585,000 31,200x25 = 780,000 31,200x25 = 780,000
12 pieces 12 pieces 12 pieces
11,700x93=1,088,100 15,600x93=1,450,800 15,600x93=1,450,800

Mango Mango Mango

3 pieces 3 pieces 3 pieces
23,400x25 = 585,000 31,200x25 = 780,000 31,200x25 = 780,000
12 pieces 12 pieces 12 pieces
11,700x93=1,088,100 15,600x93=1,450,800 15,600x93=1,450,800

White Chocolate White Chocolate White Chocolate

3 pieces 3 pieces 3 pieces
23,400x30 = 702,000 31,200x30 = 936,000 31,200x30 = 936,000
12 pieces 12 pieces 12 pieces
11,700 x 113= 15,600 x 113= 15,600 x 113=
1,322,100 1,762,800 1,762,800
 TOTAL: TOTAL: TOTAL:
Php20 936,000 Php 20 1,248,000 Php 20 1,248,000
Php 73 1,708,200 Php 73 2,277,600 Php 73 2,277,600
Php 25 1,755,000 Php 25 2,340,000 Php 25 2,340,000
Php 93 3,264,300 Php 93 4,352,400 Php 93 4,352,400
Php 30 702,000 Php 30 936,000 Php 30 936,000
Php 113 1,322,100 Php 113 1,762,800 Php 113 1,762,800
_________________
9,687,600 12,916,800 12,916,800

COST OF GOOD 1 DAY 1 DAY 1 DAY

SOLD Glutinous Rice Flour Glutinous Rice Flour Glutinous Rice Flour
-Php 500 -Php 500 -Php 500
Shredded Coconut Shredded Coconut Shredded Coconut
-Php 300 -Php 300 -Php 300
Coconut Milk Coconut Milk Coconut Milk
-Php 250 -Php 250 -Php 250
Brown Sugar Brown Sugar Brown Sugar
-Php 88 -Php 88 -Php 88
Cooking Oil Cooking Oil Cooking Oil
-Php 1,000 -Php 1,000 -Php 1,000

500 + 300 + 250 + 88 500 + 300 + 250 + 88 500 + 300 + 250 + 88

+ 1,000 = 2,138 + 1,000 = 2,138 + 1,000 = 2,138

(TOTAL X 234 DAYS) (TOTAL X 312 DAYS) (TOTAL X 312 DAYS)

2,138 x 234 = 2,138 X 312 = 2,138 X 312 =
500,292 667,056 667,056

GROSS MARGIN Milk Chocolate Milk Chocolate Milk Chocolate

1,322,100 - 500,292 = 1,762,800 - 667,056 1,762,800 - 667,056
821,808 = 1,095,744 = 1,095,744

Dark Chocolate Dark Chocolate Dark Chocolate

1,322,100 - 500,292 = 1,762,800 - 667,056 1,762,800 - 667,056
821,808 = 1,095,744 = 1,095,744

Ube Halaya Ube Halaya Ube Halaya

1,146,600 - 500,292 = 2,230,800 - 667,056 2,230,800 - 667,056
646,308 = 1,563,744 = 1,563,744

Caramel Caramel Caramel

1,146,600 - 500,292 = 2,230,800 - 667,056 2,230,800 - 667,056
646,308 = 1,563,744 = 1,563,744

Mango Mango Mango

1,146,600 - 500,292 = 2,230,800 - 667,056 2,230,800 - 667,056
 646,308 = 1,563,744 = 1,563,744

White Chocolate White Chocolate White Chocolate

2,024,100 - 500,292 = 2,698,800 - 667,056 2,698,800 - 667,056
1,523,808 = 2,031,744 = 2,031,744

TOTAL= 9,187,308 TOTAL= 12,249,744 TOTAL= 12,249,744

C. COMPENSATION

APRIL TO DECEMBER
POSITION WAGES APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC TOTAL

General ₱990.00 ₱19,800.00 ₱19,800.00 ₱19,800.00 ₱19,800.00 ₱19,800.00 ₱19,800.00 ₱19,800.00 ₱19,800.00 ₱19,800.00 ₱178,200.0
Manager 0

Assistant ₱870.00.00 ₱17,400.00 ₱17,400.00 ₱17,400.00 ₱17,400.00 ₱17,400.00 ₱17,400.00 ₱17,400.00 ₱17,400.00 ₱17,400.00 ₱156,600.0
Manager 0

Kitchen ₱700.00 ₱14,000.00 ₱14,000.00 ₱14,000.00 ₱14,000.00 ₱14,000.00 ₱14,000.00 ₱14,000.00 ₱14,000.00 ₱14,000.00 ₱126,000.0
Staff 0

Cashier ₱600.00 ₱12,000.00 ₱12,000.00 ₱12,000.00 ₱12,000.00 ₱12,000.00 ₱12,000.00 ₱12,000.00 ₱12,000.00 ₱12,000.00 ₱108,000.0
0

Service ₱600.00 ₱12,000.00 ₱12,000.00 ₱12,000.00 ₱12,000.00 ₱12,000.0 ₱12,000.00 ₱12,000.00 ₱12,000.00 ₱12,000.00 ₱108,000.0
Crew 0

TOTAL: ₱ 676,800.00

JANUARY TO DECEMBER
POSITION WAGES JAN FEB MAR APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC TOTAL

General ₱990.00 ₱19,800. ₱19,800. ₱19,800. ₱19,800. ₱19,800. ₱19,800. ₱19,800. ₱19,800. ₱19,800. ₱19,800. ₱19,800. ₱19,800. ₱237,60
Manager 00 00 00 00 00 00 00 00 00 00 00 00 0.00

Assistant ₱870.00. ₱17,400. ₱17,400. ₱17,400. ₱17,400. ₱17,400. ₱17,400. ₱17,400. ₱17,400. ₱17,400. ₱17,400. ₱17,400. ₱17,400. ₱208,80
Manager 00 00 00 00 00 00 00 00 00 00 00 00 00 0.00

Kitchen ₱700.00 ₱14,000. ₱14,000. ₱14,000. ₱14,000. ₱14,000. ₱14,000. ₱14,000. ₱14,000. ₱14,000. ₱14,000. ₱14,000. ₱14,000. ₱168,00
Staff 00 00 00 00 00 00 00 00 00 00 00 00 0.00

Cashier ₱600.00 ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱144,00
00 00 00 00 00 00 00 00 00 00 00 00 0.00

Service ₱600.00 ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱12,000. ₱144,00
Crew 00 00 00 00 00 00 00 00 00 00 00 00 0.00

TOTAL: ₱ 902,400.00
D. FINANCIAL STATEMENT

D.1. Income Statement

TITLE 2023 2024

Sales income ₱ 8,536,050.00 ₱ 10,862,700.00

Cost of goods sold ₱ 3,437,910.00 ₱ 4,100,775.00

GROSS INCOME ₱ 5,098,140.00 ₱ 6,761,925.00

EXPENSES

Rent expenses ₱ 36,000.00 ₱ 48,000.00

Salaries expenses ₱ 910,800.00 ₱ 1,214,400.00

Utilities expenses ₱ 143,730.00 ₱ 191,640.00

Supplies Expense ₱ 120,555.00 ₱ 160,740.00

Materials and Equipments ₱ 64,356.00 ₱ 64,856.00

Furniture and Fixtures ₱ 8,600.00 ₱ 9,100.00

Taxes and licenses ₱ 5,000.00 ₱ 5,500.00

Facilities Expense ₱ 20,000.00 ₱ 20,500.00

Administration expense ₱ 27,000.00 ₱ 27,000.00

TOTAL EXPENSES ₱ 1,336,041.00 ₱ 1,742,236.00

Net income bef. Tax ₱ 3,762,099.00 ₱ 5,019,689.00

Percentage tax 59.72% 62.25%%

Income tax ₱ 2,246,725.52 ₱ 3,124,756.40

NET INCOME AFT. TAX ₱ 1,515,373.48 ₱ 1,894,932.6

D.2. Cash Flow

2023 2024

OPERATING ACTIVITIES

NET INCOME 1 354 490.56 1 654 799.16

Net Cash Inflow 1 344 490.56 1 639 799.16

INVESTING ACTIVITIES

Purchased - Supplies 62 469.00 -

Purchased - Materials & 35 016.00 35 016.00

Equipment

Net Cash Outflow ( 97 485.00 ) ( 35 016.00 )

FINANCING ACTIVITIES

Sea-sig, Capital 6 000 000.00 -

Net Cash Inflow 6 000 000.00 -

Net Cash Movement 1 247 005.56 1 604 783.16

Cash, Beginning Balances - 7 247 005.56

Cash, Ending Balances 7 247 005.56 8 851 788.72

D.3. Balance Sheet

2023 2024

ASSET

CURRENT ASSET
Cash 7 247 005.56 8 851 788.72

Accounts Receivable 10 000.00 25 000.00

Total Current Assets 7 257 005.56 8 876 788.72

NON CURRENT ASSETS

Supplies 62 469.00 62 469.00

Materials & Equipment 35 016.00 70 032.00

Total Non Current 97 485.00 132 501.00

Assets

Total Assets 7 354 490.56 9 009 289.72

LIABILITIES

Total Liabilities - -

EQUITY

Sea-sig, Capital 6 000 000.00 7 354 490.56

Retained Earnings 1 354 490.56 1 654 799.16

Total Equity 7 354 490.56 9 009 289.72

Total Liabilities & Equity 7 354 490.56 9 009 289.72

D. 4. Statement of Changes in Owner's Equity

LIABILITY

Total Liabilities

EQUITY
Sea-sig, Capital 4,000,000.00 7 354 490.56

Retained Earnings 1 354 490.56 1,654 799.16

Total Equity 7 354 490.56 9 009 289.72

Total Liabilities and

Equity
 CHAPTER 6
SOCIO-ECONOMIC STUDY
A. Contribution to the Philippine Economy

The Filled Carioca is a small enterprise hoping to grow in the future. A basic

and simple contribution of the business in the Philippine Economy is providing

jobs. Even with a not so huge salary it can help a lot in terms of buying and

equipping necessary things. By offering jobs and opportunities it can somehow

lessen crime rates because instead of doing immoral things just to provide

money for their needs, The Filled Carioca somehow in a small way help

people to obtain a decent job, a few people will only be helped since the

business is just starting but as months and years pass by and the business will

eventually grow, the company can lend a hand by offering jobs to more

people.

As a start-up business taxes and registration fee is also an obligation to

the company. Governments impose charges on businesses as a means of

raising revenue, which is then used to meet their budgetary demands and help

businesses to produce and build infrastructures that can help the business to

make transactions comfortably. Taxes collected are being used as financial

support to fund sectors that are a crucial part of a well-being like education,

health care services and other programs that will benefit people. Therefore,

The Filled Carioca are obliged and will certainly pay all the taxes necessary.
 The Filled Carioca is a snack that's originally from the Philippines, but

it's somehow not popular or can't usually see in the market like any other

native Filipino product, it is not so much in demand in the market because

many locals chose snacks from different countries. There are a lot of

alternatives or other snacks, especially in today's generation where snacks

from other countries are very popular, therefore the target of Filled Carioca is

to become an extensive and successful business to the point that it can be

exported throughout the country or even outside the country in that way the

Filled Carioca can help the Philippine Economy also if the locals keep on

supporting and recommending it outside the country since the Filled Carioca is

originally from the Philippines.

The Filled Carioca can contribute to the development of the Philippine

economy and society. Moreover, The Filled Carioca's growth as a business

can also have a ripple effect on the economy. As it expands, it may need to

purchase more equipment, ingredients, and supplies, creating a demand for

these goods from other businesses. This can stimulate the growth of other

small and medium-sized enterprises in the supply chain, leading to a more

vibrant and robust economy. Additionally, The Filled Carioca can also

contribute to the promotion of Filipino culture and cuisine. By offering

traditional Filipino snacks such as carioca, it can help to preserve and promote

local food culture, which can in turn attract visitors from both domestic and

international markets. This can lead to increased tourism and greater

recognition of Filipino cuisine on a global scale. Overall, The Filled Carioca's

 small but meaningful contributions can have a positive impact on the Philippine

economy and society.

B. Employment Generation

The Filled Carioca can explore several strategies in terms of generating more

job opportunities for Filipinos. Firstly, the company can increase its production

capacity to meet the growing demand for their products. This would require

hiring more workers for their production facilities. Secondly, The Filled Carioca

can introduce new products to their menu, which would require additional staff

to prepare and serve the new items. Thirdly, the company can expand its

business by opening new stores or branches in different cities or provinces.

This would require hiring more staff to manage the additional workload.

Fourthly, The Filled Carioca can consider offering franchise opportunities to

entrepreneurs who want to run their own business under their brand. This

would create more job opportunities for franchise owners, as well as their

employees. Additionally, the company can collaborate with other businesses in

the food and beverage industry, such as suppliers or distributors, to create

more job opportunities within the supply chain and logistics sectors. Lastly,

Filled Carioca can invest in training and developing their current employees to

enhance their skills and knowledge, which would improve the quality of service

and create opportunities for career growth within the company. By

implementing these strategies, The Filled Carioca can not only create more job
 opportunities in the Philippines but also grow their business and increase their

market share.

The Filled Carioca can help their employees by offering fair and competitive

salaries, consistent work hours, benefits such as health insurance, retirement

plans, and paid time off, opportunities for advancement, and additional

sources of income such as profit-sharing or bonuses. By prioritizing these

factors, The Filled Carioca can help their employees' plan for better finances

and create a more stable financial situation, which can lead to higher job

satisfaction, better retention rates, and a more productive workforce.

C. Environment Conservation

The Filled Carioca business can contribute to environmental preservation by

maintaining the quality of natural resources used, such as gas and oil. the use

of food packaging that is as environmentally friendly as possible by reducing

waste as well as using reduced materials. Finally, we make sure to only

prepare what is ordered, and since it is a food product, we make sure to store

it in a clean and secure location if there are any leftovers. Additionally, by

promoting these efforts to customers, Filled Carioca can also raise awareness

and encourage individuals to make more environmentally conscious choices.

Programs may also assist in the government's efforts to protect the

environment. To help save the environment, the filled carioca can participate in
campaigns like Stop Using Plastic, Reduce Your Energy and Material Use,

Reuse What You Can, and Recycle The Rest.