BUSINESS PLAN

Business Name: Greatea

Business Description:

Greatea will provide a great snacks and drinks for resident’s who live in Barangay Barang, Paniqui,
Tarlac. With a affordable price similar to the store in town of Paniqui.

The customer’s will purchase to the store because it’s provided convenience to them. As they do not
have to go in town because it will be reachable in Barang to satisfy their cravings.

The Greatea was chosen because it is inspired from the owner mother as well as identify the product to
be sold.

This business will be the first establishment in the community to sell milk tea, fruit tea, and street food
snacks.

The main challenges is that the business might not earned well during rainy day.

A small business like this starts from scratches that must have an effective business plan in order to
succeed.

The establishment should prioritize cleanliness and safety, also must consider the price that suits to the
costumer’s budget. The costumer’s prepared quality, safe and accommodating seller.

Premises:

The location of the business will be on the main road of the Barangay the location and the size of the
business will be beneficial because it provides enough space for parking and dine in the location of the
building will has a total lot are of 10059.m.

Marketing

Greatea will have a huge sign and the signs will also include the pricelist and menu. Online platforms will
also be created for promotions the ship Will open from 9:00AM to 6:00PM.

Target Market

The best market will be the people of Barangay Barang especially to the young ages.

The Project

The objective of the project is to open a shop which is a coffee style that will provide the best tea. The
shop will also offers delivery service with a very reasonable price.

Objectives

The objective is to open a shop which focuses on milk tea and some other snacks.

Approach
The objective will be carried out by building a milk tea shop close to the school and public park.

Financing

The project will have a 40 000 cash equity for starting that provide by the business owner.

Timing

The furnishing will start January 2023 and the business will start on march 2023.

Socio Economic Benefits

The benefits that the business will provide for the community will be the provisions of another eating
establishment which will allow the residents of the town to have more choices business. The coffee shop
will develop their business skill which will permit them to expand in the future. The surplus earnings will
be accumulated to save for the expansion of the business describe in the long term plans.

Greatea

Monthly Financial Statements

Milk tea 40,000

Fruit tea 25,000

Street food snacks 35,000

Fruit soda 45,000

Sales 145,000

Cost of goods sold 40,000

Gross Profit P105,000

Operating Cost

Insurance 2,000

Promotion 2,000

Wrapping Supplies 2,000

Utilities 5,000

Telephone 2,000

Total Operating Cost P 13,000

 Greatea

(Cash flow)
Opening Balance
Owner contribution 60,000
Economic Loan 60,000
Total Cash In P 120,000

Expenses
Inventory 5,000
Building 15,000
Furnishing 50,000
Total Cash Out P 70,000
Closing Balance P 30,000
BUSINESS PLAN

SUBMITTED BY:
RAIZEL B. GRUSPER