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A Business Plan

Presented to the Faculty of College of Business Management and


Accountancy of
Holy Trinity College of General Santos City

In partial fulfillment of
The requirements in Entrepreneurial Mindset

Condes, Pinky C.
Pin, Morino M.
Lavega, John Humprey
Duma, Christian Joy U.
Sunio, Catalino Jr.
Delas Marias, John Christian
Espora, Chrismar Jay V.
Fortuna, Renjie A.

March 2023
HOLY TRINITY COLLEGE
GENERAL SANTOS CITY

ACKNOWLEDGEMENT

We want to offer this endeavor to our Almighty God for the wisdom he

bestowed upon us, the strength, peace of mind, good health and spiritual

guidance to finish this business plan.

To every member of this organization, who actively participate, help

and collaborate to create this idea. Without their commitment, the success of

this plan would not be possible.

To Professor Jerish Felizarta Pada, for advice and for providing her

experience and skills to make this business plan successful.

To the Admins, Faculty and whole HTC Community, who made this

event possible and successful which help in developing student’s knowledge

and expertise in the business field

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I ACCOUNTANCY
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TABLES OF CONTENT

Acknowledgement I

Executive Summary IV

The Business 1

The Company Background

The Company’s Name and Tagline 2

The Company’s Vision and Mission 2

The Company Objectives 3

The Company Location 3

The Form of Business Organization 3

The Company Logo 4

The Industrial Analysis 2

The Organizational Plan

The Organizational Chart 5

The Personnel Duties and Responsibilities 6

Organizational Policy 10

Human Resource Control Policy 12

The Production Plan

The Monthly Production Report 15

COLLEGE OF BUSINESS MANAGEMENT AND ACCOUNTANCY II


HOLY TRINITY COLLEGE
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Production Procedure 16

Inputs and Management 17

Utilities and Waste Management 18

The Marketing Plan

Key Concepts of Market 19

The Target Market (Locality Town) 21

The Geographic and Demographic Profile 21

The Psycho-graphic and Behavioral Profile 21

The Market Share 22

Players in the Market 23

Products and Services available in the market 24

The Marketing Mix/ Product

The People 25

The Product 25

The Brand Name 25

The Brand Logo 26

The Product Place 26

The Product Feature 27

The Product Promotion / Promotion Strategy 27

The Product Packaging 27

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The Product Positioning 28

The Pricing Strategy 28

The Operational Plan

Production Plan 29

Management Plan 29

Financial Plan 29

The Financial Plan

The Financial Narrative 30

The Balance Sheet 30

The Entrepreneur’s Profile 31

Documentation

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EXECUTIVE SUMMARY

In General Santos City, the Chips 'n Chill Company also known as “C

& C” is a partnership-type company that leads the food industry. Since food

is an important factor of our lifestyles, it is essential to understand and

improve how it is farmed, prepared, and transported. As a result of the

increased demand for foods, producers now provide healthier products and

more inventive flavors. To create its goods, the food manufacturer Chips ‘n

Chill mixes labor and raw resources. They buy products with the intention of

using them to make and generate new products. The business transforms

raw materials into finished goods, which it then markets to customers to

generate revenue for the business's future manufacturing.

Additionally, the company name "Chips ‘n Chill" is inspired by the

famous phrase from ‘Netflix and Chill’ as the components we utilize here are

vegetable chips as well as fruit drinks. Surely, customers will enjoy eating

snacks while chilling. While the brand name Kangkong Chips is also a

sophisticated, obvious indication of what the product is—water spinach chips.

The ingredients that make up our product are a combination of spinach

leaves, cornstarch, flour, egg, and butter.

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In Production, the expected monthly production sales are 2,669, which

is enough for 100 goods. If all of these things are sold for 36 pesos, the

company can make 4,000 sales. The company will constantly supply fresh

raw ingredients for the manufacture of Spinach Chips products. This function

also displays the stages of product development as well as the production

schedule in pieces and quantity. It also shows the total cost of manufacture

for the items.

In Marketing, the company has various methods for selling the

product. It has stalls open at malls, parks, and even at the airport for those

people who are looking for snacks and souvenir. And, rather than renting and

spending in a new location, the company has decided to sell it in

supermarkets and convenience stores. On the other hand, the company is

engaged on social media. As a result, the goods will be sold on social

networking sites as well. Any method of payment will be accepted, including

cash and internet banking.

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In Human Resource, it has eight (8) staff and follows a functional

structure. Employee salary is determined by the province's minimum salary

and their position in the business. They also provided additional benefits to

its employees and implemented various Human Resource Policies and

Department Policies for them to follow.

Lastly, In Financial Department, The Chips ‘N Chill Company invests

7,000 on their initial business. This 7,000 will be used to purchase

ingredients for the production of goods, the projected cost of which is

2,669.00. The remaining 4,331 serves as the company's emergency fund in

the event of equipment breakdowns and supply shortages. The 2,669 budget

for ingredients allows for the production of 100 pieces of Spinach Chips

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The Company Background

The Chips ‘N Chill company plans to empower those people who are

concerned about their health and have issues that can only be resolved by

the nutrients found in spinach leaves. The Chips ‘N Chill come up with the

concept of being able to make a more nutritious form of chips in the nation

and that’s how was made. The majority of people consider chips with junk

food, but C ‘N C’s Company's unique and creative invention allows them to

be a healthy snack meal.

The Company’s Name and Tagline

The Company name is inspired from the phrase ‘Netflix and Chill’

which is the catchiest phrase especially in this modern generation. Since the

company’s service is not Netflix but rather a snacks and drinks, the company

decided to change the ‘Netflix’ to ‘Chips’ .While, the company’s tagline

‘Unbeleafably Good!” is basically the expressions of the customers when

they taste the product. The “Unbelievably” was change to “Unbeleafably”

which describes our main ingredient, the Kangkong leaf.

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The Company’s Vision and Mission

I. Vision

Chips ‘N Chill Company is a top-producer of vegetable chips in

General Santos City which provides healthy nutritious snacks for valued

customers in affordable price.

II. Mission

(1) To serve clients with new, innovative and delicious chips as well as

healthy snacks for those customers who are health conscious.

(2) To ensure consumer’s loyalty as they are enjoyed and satisfied

with the purchase.

(3) To guaranteed clients that our products are made from fresh

ingredients and produce in good-quality.

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The Company Objectives

Chips ‘N Chill manufactures vegetable chips for customers who are

vegans, health-conscious, chip lovers, and parents who want their child to

eat a vegetarian diet. Consequently, the company's objectives are as follows:

(a) To promote healthy snacks as a substitute to the usual chips that we eat.

(b) To increase our profit by 20% annually.

(c) To maintain positive, steady growth each month.

(d) To ensure that Chips ‘N Chill Company will reach the goals of the target

market and our sales budget.

The Company Location

The Chips ‘N Chill Company is situated in the heart of General Santos

City.

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The Form of Business Organization

The business is a sole proprietorship, implying that just one person is

responsible for all of the liabilities, risks, and duties. The proprietor has the

option of working alone or may employ workers.

The Company Logo

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THE BUSINESS

The Industrial Analysis

The Chips ‘N Chill Company analyzes a company's competitive

environment using the Porter's Five Forces Framework. The analysis is

further discussed in the chart below.

SUPPLIER Because spinach is available throughout the year, the supplier has low
POWER bargaining power. As a result, the supplier cannot simply limit supply or raise
prices. Furthermore, other ingredients are always accessible on the market.

Even if the product is uncommon and only a few companies offer it


BUYER elsewhere across the nation, the Company nevertheless wants to bring
POWER it to our local market. Hence, the analysis reveals that there is an
average amount of bargaining power.

There is an average rivalry among the rivals. There are few companies
EXISTING that offer this kind of product elsewhere, but our company wants to
COMPETITOR introduce this to the local market. As a result, the company has a good
chance of dominating the market.

THREATS
OF Spinach and other ingredients are usually available in the market and
SUBSTITUTE fairly priced. And, since the process is simple to follow, there is a high
possibility that it will be substituted. However, our product's flavor and
quality remain distinct.

There is a large chance that potential entrants will enter the market due to the
POSSIBILITY
product's delicacy and rarity. Moreover, because the startup costs are low and
OFNEW
ENTRANTS the products can be sold off as "homemade," there is also a high possibility of
starting this kind of business these days.

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THE ORGANIZATIONAL PLAN

The Organizational Chart

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The Personnel Duties and Responsibilities

JOB TITLE JOB DESCRIPTION

General Manager  Responsible for supervising all the operations

to ensure efficiency and profitability

 Increases management's effectiveness by

recruiting, selecting, orienting, training,

coaching and counseling the employees

 Plan & review marketing activities, results and

expectations with employees.

 Resolve customer complaints.

Finance In- Charge /  Receive payment by cash

Cashier  Issue receipts, refunds, credits, or change due

to customers.

 Identify prices of goods, services using

calculators, cash registers, or optical price

scanners.

 Compute and record totals of transactions.

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JOB TITLE JOB DESCRIPTION

Production In-Charge  Identifies defects, bad quality in the product

/ Inventory before it is released.

 Ensuring that quality in the process are

accurately developed

 Creates an inventory of finish products,

packaging, and ingredients.

 Stock inventory appropriately

Food In-Charge /  .Prepare food for service

Cook  Comply with nutrition and sanitation

regulations and safety standards

 Controls equipment

 Ensures the cleanliness of product

Product Packager  Clean up station and take care of leftover food

 Packing products

 Help cook in the production

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JOB TITLE JOB DESCRIPTION

Social Media In-  Produce promotional materials

Charge  Keep track of online orders

 Manages account across all social media sites

 Create and submit a social media analysis

report

Delivery In-Charge  Entertain customers and ensure the delivery

of product

 Establish relationships with the suppliers

 Maintains the health of delivery cars

Waiter / Server  Serves and entertain the customer

 Clean the stall after work shift

 Wash the equipment and sanitize the machine

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Organizational Policy

Chips ‘N Chills Company has its own by-laws, this was made to

guarantee that every employee of the Company is taken care of, that their

requirements are met, and that appropriate benefits are made accessible to

them for their work. This will assist employees in addressing concerns,

difficulties, and criticisms, and will provide the organization with a plan on

how to deal them effectively.

A. Gender Equality Policy - This policy attempts to eliminate all forms of

workplace discrimination. The company offers equal employment

possibilities.

B. Policy on Attendance - Individually, all staff members are responsible for

registering their time on the biometric fingerprint scanner. It will not consider

any invalid absences unless the absence is due to illness or disability, or

unless they file for unpaid leave absences. The salary will be withheld 20

pesos per minute for each late arrival. The penalty will be paid to charities

supported by the Company.

C. Policy on Safety - The Company should ensure that every staff member

is free of hazards and risks in order for them to identify that their workplace is

convenient, safe, and in good condition.

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D. Policy on Drugs and Alcohol - Employees are not permitted to work

while under the influence of illegal drugs or alcohol. Violators must either be

suspended or fired.

E. Policy on Smoking - During working hours, smoking is restricted.

Employees should only smoke in authorized smoking places during their

spare time.

F. Usage of Mobile Phones - Using mobile phones during working hours is

absolutely disallowed, except for emergencies and during breaks.

G. Working Hours - The company encourages the shifting schedule of

employees. Thus, depending on their shift, their working hours are 6:00 AM

to 2:00 PM, 2:00 PM to 10:00PM and 10:00 PM TO 6:00 AM. Assigning of

shift should only be done by the Department Heads, approved by the HR.

H. No ID, No Entry - It is necessary since it verifies employee’s identity and

gives them with a sense of security at all times.

I. Policy Distribution - The Employee's Handbook is kept in a designated

location in the office. All policies will be handed to all workers for their own

use. These procedures are subject to change. Changes occur as a result of

internal development, applicable laws, market rivalry, or general economic

conditions, all of which have a major impact on the company. The policies

listed above are intended to give working rules for the employee and its

relationship with the company.

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Human Resource Control Policy

These policies are long-term guidelines for how a company plans to

manage its personnel. It represents detailed guidance for HR managers on

various employment-related issues. It discusses various areas of human

resource management, including:

Recruitment and Hiring

A. Recruitment - The company will offer job vacancies in order to recruit

employees who are suitable and reliable for a certain position in the

company's operations. Fliers are distributed to provide people the opportunity

to be a part of the organization, and social media is also used to recruit

people.

B. Screening - After the vacancies are advertised, the management begins

collecting application forms and conducting a brief examination to see if the

candidates met the required specifications and descriptions

C. Interview - The employer will interview the qualifying candidates in the

main office to discover more about their academic credentials, job

experience that may be relevant to the job they are seeking for, and to

choose those who are prepared to undergo additional testing.

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Physical and Medical Examinations

To prevent unnecessary costs for the company, qualified candidates

are required to undertake some medical examinations such as drug tests and

Checkups to determine if the applicants are physically compatible and can

perform productively.

Training and Orientation

It is significant that newly recruited employees are involved in an

orientation program so that they are familiar with the workplace and are

aware of the organizational policies. These programs attract employee

commitments, which enable them to comprehend the expectations of the

company, and what takes people suited to specific jobs is training. Business

frequently provides guest speakers for this occasion.

Wages

Payment shall be made in cash or thru ATM Bank Account at least

once every two (2) weeks or twice a month at intervals not exceeding sixteen

(16) days. Except as otherwise allowed by regulations prescribed by the

Secretary of Labor and Employment, it must be done at or near the place of

operation.

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Benefits
Employees will receive a Christmas bonus, and if they become ill, the

company will pay sick leave with a payment for doctor's consultation. If

employees give their all in business, they will receive a non-monetary award

such as a certificate with the title "best employee of the year" and a matching

gift certificate.

Meal Hours

Unless the workday is five hours or fewer, each employee receives an

unpaid lunch break in the middle of the workday. Employees must receive at

least one hour off for regular meals, as stipulated in Article 89 of Book Three

of the Labor Code, and it is not payable.

Break Time

You are allowed to a paid 10-minute rest period in the middle of every

four hours of work that is not interrupted by a meal period.

Job Abandonment

If you are absent from work for two days and do not contact your
employer, you may be terminated.

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Medical and Dental Care

The company will ensure that they are in proper working conditions

and will guarantee them from any dangers or threats to their health that may

emerge while doing their duties. Articles 156 through 161 of the Labor Code

list further concerns about medical and dental services.

Occupational Health and Safety

The company will definitely create a safe working environment for its

employees. They will also deliver instructions to all personnel through

posters that include emergency procedures. As a duty, management will take

the necessary steps to assist the affected worker.

THE PRODUCTION PLAN

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The Monthly Production Report

Table 1: Actual Variable Cost (via Market Price)

ITEM QUANTITY UNIT VARIABLE COST TOTAL

Water Spinach 1200 pcs Php 12.00 per bunch 14,400.00

Cornstarch 10 sacks Php 850 per sack 8,500.00

Flour 9 sacks Php 790 per sack 7,110.00

Egg 16 trays Php 198.00 per tray 3,168.00

Iodized Salt 20 pcs Php 36.00 per pack (1kg) 720.00

Vegetable Oil 2 pcs Php 1,400.00 (15kg) 2,800.00

Kraft Paper Pouch with Zip 6 pcs Php 80.00 ( for 50 pcs) 480.00

lock

TOTAL VARIABLE COST 37,178.00

Table 2: Actual Sales


OUTPUT PRODUCED VARIABLE SELLING ESTIMATED
OUTPUT COST PER PRICE PER SALES
OUTPUT OUTPUT
KangKong Chips 300 123.92 140.00 42,000.00
TOTAL ACTUAL SALES 42,000.00

The product selling price already includes the labor cost. This
will be sold in resealable pouches with 60 grams net weight per pack.

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Production Procedure

King Kangkong by Chips ‘N Chill Company is processed in three

different stages. These are the procedures of acquiring, manufacturing, and

labeling. Furthermore, employees in the production area should wear

personal protection equipment to safeguard the manufacturing facility's

safety and sanitation.

STEPS PROCEDURE
1 Clean the spinach thoroughly.
2 Remove leaves from the stem. Set aside.
3 For the batter, combine cornstarch, flour, egg, salt and water.
4 Put it in a clean mixing bowl.
5 Add condiments to taste.
6 Mix until the consistency is smooth.
7 Heat oil, and reduce fire to medium.
8 Dip spinach leaves in batter.
9 Deep fry until crispy.
10 Drain oil from spinach leaves.
11 Put it on a tissue to absorb the oily substance.
12 Once dry, pack it in a paper pouch and seal it with ziplock.
13 Serve/ Deliver.

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Inputs and Management

Table 3 displays the input of the required raw materials and their

costs. Because there are no preservatives added, the ingredients must be

purchased on a weekly basis to ensure the freshness of the chips.

Table 3: Direct Raw Materials


ITEM UNIT PRICE QUANTITY TOTAL
Water Spinach 12.00 / piece 70 pcs 840.00
Cornstarch 71.00 / kg 5 pcs 355.00
Flour 70.00 / kg 5 pcs 350.00
Egg 118.00 / dozen 3 dozen 354.00
Iodized Salt 20.00 / 500 grams pack 2 pcs 40.00
White Sugar 90.00 / kg 2 pcs 180.00
Oil 80.00 / kg 5 pcs 400.00
TOTAL 2,519.00

Table 4: Machinery & Equipment


Item Unit price Quantity Total
Machineries Chest Freezer (Condura) 13,495.00 1 13,495.00
Gas Deep Fryer 33,990.00 1 33,990.00
10L Planetary Mixer 14,810.00 1 14,810.00
Equipment Mixing Bowl 300.00 3 900.00
Colander 70.00 1 70.00
Whisk 50.00 2 100.00
TOTAL 63,365.00

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Utilities and Waste Management

This allows the company to immediately detect waste or problems and

help to reduce costs. The Table 5 below shows the utility expenses incurred

in producing the product. The power supply and water supply as well as the

gas used.

Table 5:Utilities Expense per Month

UTILITY COST

Electricity 5,000.00

Water 2,000.00

Kiosk Stall Rental (Food Court) 10,000.00

TOTAL 17,000.00

Waste Disposal Management

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The company will use basic waste management. Inside the Chips ‘N

Chills store, there will be trash cans for biodegradable and non-

biodegradable waste that consumers can utilize to dispose their garbage.

The biodegradable will be placed in a garbage bag before being placed on

the roaming garbage truck. Non-biodegradable garbage, on the other hand,

must be recycled or sold to a junkyard. Additionally, plastic packaging

generated from the materials used will be collected and recycled by the

company in order to limit the amount of garbage disposed off. As aresult, the

company can maintain an ecologically friendly environment.

THE MARKETING PLAN

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Key Concepts of Market

Product Concept

The Kangkong Chips combine a tasty chip with a healthier option.

Water Spinach is beneficial to your skin, hair, and bones. There is also

protein, iron, vitamins, and minerals. Vegans, particularly parents, can easily

allow their children to consume spinach chips instead of the conventional

chips disguised as junk food. With no preservatives added, consumers can

certainly appreciate this healthy chip. Kangkong Chips is promoted to all

ages and is available with drinks on it.

Production Concept

We have monitors and key personnel everywhere to ensure that our

product is clean. Including the sanitary and safety inspectors, as well as the

QA and QC. It also has a storage room where the materials are kept. Product

will be placed in a box in bundle orders. There are 50 Kangkong Chips in

each a box

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Selling Concept

The company has various methods for selling the product. It has stalls

open at malls, parks, and even at the airport for those people who are

looking for snacks and souvenir. On the other hand, the company is engaged

on social media. As a result, the goods will be sold on social networking sites

as well. Any method of payment will be accepted, including cash and internet

banking.

Marketing Concept

The goal is to create an environment that benefits both the consumer

and the company. The organization thinks that wealth is synonymous with

health. The customer feels that health is wealth. As a result, the company will

make nutritious chips in return for profit while also providing consumers with

healthy snacks.

Societal Concept

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Chips ‘N Chills is environmentally friendly. The company promotes

recycling, energy conservation, and even charitable donations. As previously

stated, the recycled plastics from the company's garbage will be converted

into plastic chairs, which will then be donated to a daycare center and a

school. Furthermore, the company established the C&C Foundation, through

which college students whose parents have worked for the company for at

least 5 years will be certified as company scholars. Aside from that, the

Company purchased Fire Trucks to assist in the case of an emergency.

Nevertheless, Chips ‘N Chills is always committed to serve the public.

The Target Market

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According to a Nielsen Company survey, 74% of Filipinos perceive

snacking as a source of energy. Many people view it as a time to spend with

family and friends. Because Filipinos, are the most environmentally

conscious customers, they always hunt for food with nutritious elements,

ranking fiber as the most significant attribute in the snack they eat. As a

result, the major aim of this company is people who have a shortage of

energy and nourishment in their bodies.

The Geographic and Demographic Profile

C&C Company will offer its product through numerous social media

sites, as well as supermarkets and convenience stores. This product is halal

certified and suitable for people of all genders and religions. Furthermore, the

company's major target market is all General Santos City residents. But,

targets are subject to change. After all, the company still aims to be widely

known so, they are open for those people like tourists and vegans.

The Psychographic and Behavioral Profile

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The company's target customers are families. Children's eating habits

differ from those of adults and teenagers, according to research, since they

eat between breakfast and lunch, or between lunch and dinner. As a result,

the company's snacks are great for children. It is also compatible with the

children's food preferences, as they adore eating chips. Furthermore,

because of its pricing, the product is intended for adults. Adults chose high-

quality things that they can afford inside their budget.

The Market Share

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CHIPS 'N
CHILL FAST FOOD
25%BUSINESS
ONLINE CHAINS
STREET FOODS 15% 40%
20%

The chart above represents the company's estimated market share in

the business industry. Because the market is fresh, it only obtained 25% of

the total market and finished third in the sector. Fast food restaurants

provided not just snacks but also meals and beverages, which is why they

are ranked first. Furthermore, street foods, have built their establishments

when it comes to affordable snacks.   As an outcome, they held the largest

market share.

Players in the Market

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Customers

The Chips ‘N Chills Company divides its customers into two

categories: major and minor. The concern that the Company may have with

major consumers is that they may expect large discounts, coupons, and

special treatment. Meanwhile, minor consumers buy less but are still

significant in the company because they can buy a lot in bulk.

Suppliers

Major suppliers are crucial for daily delivery, and a problem with them

might result in delays or product quality concerns due to the large number of

purchases made by other businesses. Meanwhile, minor suppliers are good,

but the problem is that the company cannot place as many orders as

they would want because the supply is insufficient to meet the company's

manufacturing standards.

Complementors

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There are also non-competing enterprises that will boost the

company’s sales in general. Because our product is snacks, businesses who

make souvenirs, beverages, and delicacies can engage with us. It is often a

good idea to work collaboratively with these complementors because there

may be a mutual benefit. It will assist the company in extending the market,

which will encourage complementors to support the company more, which

can weaken the competitors.

Competitors

The company's competitors are KKK Original and The Better Chip.

They've been around for a while, and they also offer Kangkong Chips in the

market. However, these businesses do not exist in the company's direct

vicinity. Interacting with this organization may have undesirable

consequences. Hence, the company will simply concentrate on how we

provide better chips than the other manufacturer. However, C & C is

constantly open to new alternatives and opportunities for collaboration.

Products and Services available in the market

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Chips ‘N Chills Company strives to produce the most innovative, tasty,

and unique form of chip that will capture the customer's curiosity and leave

them wondering what the taste is. Because malunggay, cassava, spinach,

and saluyot are healthy and inexpensive vegetables, the company comes up

with the idea of turning them into snacks rather than serving them as meals.

This snack is ideal for eating while watching movies, chatting with friends, or

as a merienda or midnight snack.

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THE MARKETING MIX

The People

The Chips ‘N Chills Company valued its people because they are the

company's most valuable asset. They are responsible for turning the

company's plan into reality and ensuring that the business remains

operational. A skilled and well-trained employee contributes significantly to

the achievement of business goals and objectives. Thus, the Company will

offer seminars and workshops in order to boost employee productivity by

boosting their skills and talents in making the product known to the market.

The Product

Kangkong Chips is a new product that aspires to claim a new place in

the minds of consumers by offering products that differ from those offered by

existing businesses. It is an innovative chip that uses various types of

ingredients and different methods of production than other products on the

market. While the product is new, a larger market must be focused in order

for the product to be exposed in the public.

The Brand Name

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"King Kangkong" is an easy - to - remember and well-explained

product name. The Company prefers to use layman's terms so that the

product may be understood by the buyer at first glance rather than

establishing a new name that may cause confusion and bother to the

consumer.

The Brand Logo

The Product Place/Vicinity

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The Product Feature

King Kangkong is a fried and crispy spinach chips. Our product

contains spinach leaves, cornstarch, flour, egg, and butter as its ingredients.

These Chips combine a delicious chip with a healthier alternative. Spinach is

good for your skin, hair, and bones. Protein, iron, vitamins, and minerals are

also present. Customers will love this healthy chip because it has no

preservatives. Spinach Chips is marketed to people of all ages.

The Product Promotion

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The Company will encourage the early adopter customers to urge

their friends, relatives, or work colleagues to try the product as well. By using

such individuals' influence, they can bring clients to the brand who may be

hesitant to be the first to try something new. Giving prizes stimulates word-of-

mouth if they include discount coupons and little presents. Building consumer

loyalty whenever they recognize an opportunity to grab a market share

before competitors and copycats do.

The Product Packaging

Because we encourage natural products, we strive for eco-friendly

packaging. As a result, the company will utilize a biodegradable kraft paper

bag with a ziplock design with a sticker of the brand logo. The ziplock serves

as a resealable container, allowing our clients to experience the wonderful

taste of chips without losing flavor due to being left exposed.

The Product Positoning

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The business concept is unique, as is the fact that it is the first in the

city to make this type of product. Developing a product or service is another

method of positioning a product or service. Targeting different markets, such

as kids and adults, where chips offer greater chances for the company to

capture the market. Producing quality items can improve the image of a

company, allowing it to thrive and gain customer loyalty. Customers will

continue to purchase the Spinach Chips if the fact that they are a healthy

snack is maintained, and it can improve the image of the company because

its popularity is excellent.

The Pricing Strategy

The product's price includes the packages as well as extra costs. The

items produced are priced so that they are affordable to clients, and the

pricing will only be increased as the quantity demanded increases. As a

result, the Spinach Chips will be priced at 36.00.

Floor Plan

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Physical Store

THE OPERATIONAL PLAN

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The Production Plan

The company will always provide fresh raw materials for the

production of Kangkong Chips items. This feature also shows the stages in

creating the product, as well as the production schedule in pieces and

quantity. It also displays the entire cost of production for the goods. The

proper garbage disposal is also required in the business location, as is the

assurance of the business that the quality of their product is in good shape

and worth purchasing for.

The Marketing Plan

A Company owns and operates the business. It has eight (8) staff and

follows a functional structure. Employee salaries are determined by the

province's minimum salary and their position in the business. They also

provided additional benefits to its employees and implemented various

Human Resource Policies and Department Policies for them to follow.

The Financial Plan

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To determine the net income or loss of the business, the total project

cost of the overall operation of the company and the capital investment of the

owner are computed. It includes the funding sources and uses, estimated

cash flow, projected balance sheet, and estimated income statement.

Furthermore, according to the estimated income statement, the company will

earn 48,000 in its first year of operation. 

THE FINANCIAL PLAN

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The Financial Narrative

Chips ‘N Chill Company invests the estimated amount of 80,000 on

their initial business. This 80,000 will be used to purchase ingredients for the

production of goods, the projected cost of which is 3,000.00. The remaining

64,198 serve as the company’s expense for machinery. And the 18,000 is

reserved for utilities expense for the first month of Store’s opening.

The Balance Sheet

Table 6:Balance Sheet


C & C Company
Balance Sheet
ASSET
Cash 80,000 3,000
18,000
Supplies 4,000
Machineries & Equipment 3,000
64,198

LIABILITIES
Long-term Liabilities 64,198
Utilities and Rentals 18,000

CAPITAL

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Earnings 4,000
Paid-in Capital 80,000

TOTAL 169,198.00 169,198.00

The Entrepreneur’s Profile

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Name: Pinky C. Condes


Position: Finance In-Charge/Cashier
What can you contribute to the company?
- I can help my company by actively seeking out major opportunities. I'm
always looking for connections where the business and the market connect.
In this way, I can define the right vision for our company while still achieving
its goals.
Name: Morino D. Pin
Age: 26 years old
What can you contribute to the company?
- My commitment to this job. Through my past experience, I can now utilize
my knowledge and so in this way, I can give the company a strong
organizational team.
Name: Catalino P. Sunio Jr.
Age: 22 years old
What can you contribute to the company?
- My knowledge, skills and capability to perform efficiently in handling Human
Resource.
Name: John Humprey Lavega
Age: 20
What can you contribute to the company?
- I can contribute by my skills in handling finances and doing what is best
and right for my company.

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Name: John Christian C. Delas Marias


Age: 22
What can you contribute to the company?
- I will contribute my basic skill knowledge, leadership and my decision
making in handling the market. In this way, I can help my subordinates to
perform better in their job by imparting my knowledge to them so that they
can do their jobs effectively.
Name: Christian Joy U. Duma
Age: 19
What can you contribute to the company?
- I can contribute by ensuring the safety and the cleanliness of the products
as well as providing good quality items to promote the customer’s loyalty.
Name: Chrismar Jay V. Espora
Age: 25
What can you contribute to the company?
- By applying my knowledge and skills through my past experiences and
following of what is the order of our Department Head. In this way, I can
prove to the company that I am obedient and responsible staff.
Name: Renjie Fortuna
Age: 20
What can you contribute to the company?
- By providing transparent financial statements. Through this, I
can make sure that the financial department works well and so I can assist
our department head depending on what will be assigned to me.

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