Entrepreneurship
Business Plan
Members:
Anthonette D. Jakosalem
Jham Albofera
Princess Jade Zapanta
Jam Babate
Dimple Arabis
Rhea Jane Hilot
INTRODUCTION
Millennials are always curious about new things. They want to experience
different things that are opposed to what they already knew, that’s why to come up to
the idea to serve them Coffee Jelly and Pancake. The product is made of coffee,
creamer, sugar and jelly and the pancake is made of flour that may contain eggs,
powdered milk and butter, sugar, vanilla, and baking soda, and cooked on a hot
surface such as a griddle or frying pan. The product which is Coffee Jelly and Pancake
is very affordable and it is tasty that it will be worth the customer’s money. To start our
business, we plan to divide capital into six, and start of producing small batches at first
to introduce it to people. Since the product is not well known yet so we plan to introduce
it to people we know or acquaintances at first.
The business is a partnership type for we will divide the financing and
management into six. We plan to equally divide the management among us. And also,
the profit that we will earn will divided among us. Our business aims to satisfy the
needs of our customers for delicious food and provide them a nutritional treat for such
an affordable price.
Our team will channel a friendly and pleasant atmosphere in every customer
we will interact and productive environment in which our group can work happily. We
will sincerely value each of our customers. Our customers are the students, faculty
teachers and staff, we seek far and responsible profit, enough to keep the team
financially healthy for the long term and to fairly compensate the future investors for
their investments and risk. This business is owned by the partnership of Jham Mejia,
Anthonette Jakosalem, Princess Zapanta, Dimple Arabis, Jam Alicabo, and Rhea jean
Hilot. We have a share capital amounting to PHP400.00 that we divided to buy
equipment’s, materials and ingredients for the production. The key to success for
Coffee Jelly Product will be repeat business and the right food with a right price. This
business plan describes a profitable business and a competitive team with good
growth prospects.
EXECUTIVE SUMMARY
This project proposes the development and launch of a new coffee jelly and
pancake combo product. The product will be a unique and innovative offering that
combines two popular items into one convenient and delicious meal. The combo will
be targeted at a variety of consumers, including busy professionals and students.
2.1 Proposed Project Description
A lot of customers are searching for tasty and easy snack options. But a lot of
the snacks options available today are flavorless or unhealthy. This product will
address this problem by providing consumers with a convenient and delicious
breakfast option that is also healthy and nutritious.
The proposed coffee jelly and pancake combo will be a unique and innovative
product that combines two popular breakfast items into one convenient and delicious
meal. The combo will be made with high-quality ingredients, including fresh coffee,
whole milk, sugar and jelly and the pancake is made of flour that may contain eggs,
powdered milk and butter, sugar, vanilla, and baking soda, and eggs. The pancakes
will be fluffy and delicious, and the coffee jelly will be rich and flavorful. The combo will
be served in a convenient container that can be easily eaten on the go or at home.
2.2 Market Analysis Section
The target market for the proposed coffee jelly and pancake combo includes a
variety of consumers. The product will be especially appealing to busy professionals
and students at Southern Philippines College. Busy professionals such as teachers
are looking for convenient and delicious snack options that they can eat on the go.
Students are also looking for convenient and affordable combo meal options.
2.3 Technical Feasibility Section
The proposed coffee jelly and pancake combo is technically feasible. Our team
is equipped and knowledgeable enough to make the product. We are confident that
we can produce a high-quality coffee jelly and pancake combo that is both delicious
and nutritious.
The company will use a variety of production methods to produce the coffee
jelly and pancake combo. The pancakes will be made using a traditional method. The
coffee jelly will be made using a gelatin-based recipe. The two components will then
be assembled and packaged together.
2.4 Financial Feasibility Section
The coffee jelly and pancake combo are financially feasible. The company has
conducted a detailed financial analysis and has projected that the product will be
profitable. The company has also secured the necessary financing to launch the
product.
The company's financial projections are based on a number of assumptions,
including sales volume, pricing, and costs. The company is confident that these
assumptions are realistic and achievable. The BlendMaster company has a strong
financial management team in place. The team has a proven track record of success
in the food and beverage industry.
The proposed product is unique and innovative with the potential to be a
success. The product is well-positioned to meet the needs of a variety of consumers,
and the company has a strong marketing and financial plan in place. The company is
confident that the product will be a profitable addition to its product line.
PROPOSED PROJECT DESCRIPTION
In this project description, we present an overview of our proposed venture. Our
business aims to satisfy the needs of our customers for delicious food and provide
them a nutritional treat for such an affordable price. We will detail the Type of Business
Establishments, Menu - Products and service offered, Menu Description, Resources
needs to implement and Proposed Name. By outlining the scope and expected
outcomes of the project, we aim to demonstrate its value and potential impact that set
our project apart and make it a compelling opportunity in the market.
3.1 Type of Business Establishments
This business will offer coffee jelly and pancake combo to students and
teachers inside the SPC school campus without a store/stall. The team will manually
offer their products to customers by walking around the campus.
3.2 Menu - Products and service offered
The company has come up with a menu of 3 items, all of which are related to
the proposed product. The menu is called the Triple C, which stands for:
• Coffee jelly in a bottle
• Creamy and Fluffy Pancake
• Coffee jelly and pancake combo
The prices of the items are as follows:
• Coffee jelly in a bottle: PHP 25.00
• Creamy and Fluffy Pancake: PHP 7.00
• Coffee jelly and pancake combo: PHP 30.00
3.3 Menu Description
The coffee jelly and pancake combo menu will be designed to appeal to a
variety of consumers, including busy professionals and students. The combo will be
made with high-quality ingredients, including fresh coffee, whole milk, and eggs. The
pancakes will be fluffy and delicious, and the coffee jelly will be rich and flavorful. The
combos will be served in a convenient container that can be easily eaten on the go or
at home.
3.4 Resources needs to implement
The following resources are needed to implement the proposed coffee jelly and
pancake combo business:
3.4.1 Building Type
This business will offer coffee jelly and pancake combo to students and
teachers inside the SPC school campus without a store/stall. The team will manually
offer their products to customers by walking around the campus. Guaranteed safety
for both consumers and marketers, as well as reduced overhead costs, are key
benefits of selling products inside the SPC school campus without a store or stall.
3.4.2 Budget or Capital
The budget or capital required for our proposed business will also depend on
the size and scope of the business. That's why our team has a share capital of
PHP400.00, which we have divided to purchase equipment, materials, and ingredients
for the production process.
3.5 Proposed Name
Our proposed name for our company is BlendMaster, which emphasizes a
strong and memorable name that conveys our expertise in blending. It suggests that
we are a master of your product that we offer, and that we can create custom blends
to meet the specific needs of our customers. BlendMaster is a leading provider of
blending solutions. We specialize in creating unique and innovative blends that meet
the specific needs of our customers. Our team has a deep understanding of blending
and we are committed to providing our customers with the highest quality food product.
As for the product, we have “CoffeeCake Combo” which is a delicious and
satisfying treat that combines the best of two worlds: coffee jelly and pancakes. Our
combo features a generous helping of fresh, fluffy pancake with a generous size of
our signature coffee jelly in a bottle. The coffee jelly is made with real coffee and high-
quality ingredients, and it has a rich, smooth flavor that perfectly complements the
pancakes. CoffeeCake Combo is the perfect breakfast, snack, or dessert for any
coffee lover. It's also a great way to start our day.
Market Analysis Section
The market analysis section of our business plan provides a comprehensive
overview of the industry in which our company operates. Through a detailed
examination of Market Description, Primary Target Market, Market Size, Mode of
Payment and Marketing Strategy. This analysis aims to uncover valuable insights that
will guide our strategic decision-making. By understanding the market landscape, we
can identify opportunities, address challenges, and position our company for success
in a competitive marketplace.
4.1 Market Description
The market that companies will sell in is within the southern de Oro Philippine
College Institution because there is no proper canteen inside the campus and it’s hard
to forcing others students and teachers to go outside the campus to buy food.
Additionally, there’s an advantages of selling the goods and services inside the
campus because mostly of the students are adults that fed up with food they want the
unique one and also our company sells a good and services in the market who is afford
by the students and teachers inside the campus, unlike the food prices outside the
school campus are a quite too expensive compared to our company's products; and
also according to the students' schedules, they only have 15 minutes to break, so with
the help of our company that selling inside the school campus, the student doesn’t
takes time to buy and they will not waste their time in purchasing because we provide
fast service, our products are delicious and the students will be really satisfied.
Moreover, selling within the school is profitable.
4.2 Primary Target Market
We chose to target SPC students and teachers for our business because they
have a direct connection to SPC, making it easier for them to relate to our products.
Being in close proximity to our business location allows us to reach them more
effectively with our marketing efforts. Their influence within the SPC community is
valuable, as positive experiences and recommendations can spread quickly.
Additionally, students are frequent visitors to establishments, and teachers can
become regular customers, providing opportunities for repeat business.
With new students and teachers joining SPC regularly, there is potential for
continuous growth in our customer base. Overall, focusing on the SPC student and
teacher market allows us to build a loyal customer base within our immediate
community and establish strong relationships with them
4.3 Market Size
The BlendMaster food house has a second floor, and our food house can
accommodate 30 people on the first floor because it has 10 tables that seat three
people, and 30 people on the second floor because it has two long tables that seat six
people and six small tables that seat three people. When we open a food house at 10
a.m. to 4 p.m., and our target customers are students and teachers. Our food house
is full and reaches 50 people per day, which is very good for our business because we
earn a lot, and our products are guaranteed to be delicious and affordable for our
target customers.
4.4 Mode of Payment
Our small business is conducted within the school, and the students and
teachers pocket money will be used as their payment for easy change. Since we are
in the electronic generation, we also allowed students and teachers to use their Gcash
for easy transactions if they didn’t have extra money to buy our services. Therefore,
the company decided to use an online transaction or cash as a mode of payment to
avoid an account receivable.
4.5 Marketing Strategy
Our marketing strategy focuses on using social media to reach our target
market. We will create videos that show how we make and serve our CoffeeCake
Combo Snacks and Combo Meals. These videos will look professional and be fun to
watch. We will post them on social media sites that SPC students and teachers use.
To make sure our videos are seen by the right people, we will use hashtags
and tags that are popular among SPC students and teachers. We might also work with
popular SPC students or groups to help promote our products. We will offer special
discounts or promotions just for SPC students and teachers to encourage them to try
our Combo Snacks and Combo Meals.
Technical Feasibility
Technical feasibility refers to the assessment of whether a proposed project or solution
can be successfully implemented from a technological standpoint. It involves
evaluating factors such as the proposed project location, proposed layout/seating
capacity, operational activity, and organizational structure.
Proposed Project Location
Our Blend Master food house can be found right across the street from
Southern de Oro Philippine College on Julio Pacana Street. It's a two-story building,
with the ground floor housing our big kitchen where our talented chefs whip up
delicious meals. As you step inside, you'll see a spacious area on the ground floor with
ten tables, each offering seating for three. This means that there's enough space for
you and your friends or family to enjoy a comfortable meal together. If you make your
way up to the second floor, you'll discover an even bigger space that's perfect for larger
gatherings. There are two long tables that can accommodate up to nine people each,
making it a great choice for celebrations or get-togethers. Additionally, on this floor,
there are four more tables, each with three chairs, giving you more seating options.
We take great pride in providing not just delicious food, but also a welcoming
and inviting environment for all our guests. Whether you're looking for a cozy meal or
a place to celebrate special occasions, our food house is the perfect spot. Come and
visit us at our Blend Master food house, where great food and delightful moments
await you and your loved ones.
Proposed Layout/Seating Capacity
Our Blend Master food house offers a spacious and inviting experience on the
ground floor, designed for relaxation and fellowship. The layout is carefully crafted to
ensure comfort and enjoyment for our valued guests. With a staggering ten tables,
each accommodating three seats, there is room for up to 30 guests to come together
and savor our delightful offerings. Make yourself at home as you immerse yourself in
the warm ambiance we have created.
For a more serene and intimate dining experience, we invite you to ascend to
the second floor. This level provides the perfect setting for gatherings of friends and
family, where joyous memories are made. Here, you will discover two stunning long
tables, each with nine seats, offering an ideal focal point for special occasions and
celebrations. Additionally, we have four additional tables, each equipped with three
seats, providing a cozy and charming alternative for smaller groups seeking a relaxed
atmosphere.
Combining the seating options on both floors, our Blend Master food house has a
total seating capacity of 60 customers, ensuring there is ample space for all to enjoy
our delectable cuisine. We take great pride in being able to accommodate larger
parties, while still offering cozy options for intimate groups. Ground Floor:
10 tables * 3 seats = 30 seats
Second Floor:
Long tables: 2 tables * 9 seats = 18 seats
Additional tables: 4 tables * 3 seats = 12 seats
Total Second Floor: 18 + 12 = 30 seats
Ground floor Second floor
Here is the Entrance and Exit
Operational Activity
The business owners decided to start operating at around 10:00 a.m. as we
prioritize customers' convenience and accessibility. By starting as early as 10:00
a.m., we can cater to individuals who prefer to eat snacks during their recess time.
However, we also agreed that the closing time of the business should be 5:00 p.m.–
6:00 p.m., considering the availability of our potential customers, such as students
and working professionals. This allows them to have adequate time to explore our
product and make an informed decision. We also provided enough time for the
lunch break of the employees from 1:30 to 2:00 p.m. Lastly, we excluded weekends
from our operating schedule because it would be the day off for the employees.
Having a day off on weekends for employees in a company is important as
it promotes work-life balance and allows employees to spend quality time with
family and engage in personal activities. This practice enhances employee well-
being, reduces burnout, and fosters a positive work environment, ultimately
contributing to higher job satisfaction and productivity in sales.
Organizational Structure
Company Owner: Anthonette
Jakosalem • Setting the vision and direction of
• Roles and Responsibilities: the company
• Managing finances
• Overseeing operations
• Ensuring the company's success
Business Partners: Jam Babate,
Rhea Jane Hilot • Share legal and financial liability
• Roles and Responsibilities: equally
• Personal responsibility for debts
and profits shared equally
Marketing Department: Princess
Jade Zapanta • Plan advertising and promotional
• Roles and Responsibilities: campaigns on multiple media
channels
• Communicate and collaborate
with stakeholders and vendors
for successful activities
enhancing the company's
presence
Accounting Department: Jham
Albofera • Take care of financial
• Roles and Responsibilities: bookkeeping and records
• Record transactions, payments,
and expenses
• Process invoices
Production Department: Dimple
Arabis • Ensure that raw materials are
• Roles and Responsibilities: transformed into finished
products effectively and
efficiently with good quality
• Ensure production plans are
followed within a certain time
• Maintain a clean and safe
working environment
The implementation of this structure ensures that every team member
comprehends their assigned roles and duties, thereby enabling them to effectively
contribute to the overall prosperity of the organization.