YOUNG FARMERS CHALLENGE

YOUTH AGRI-BUSINESS MODEL

MR. C’s HIVE

(Bee Farm)
Agri-fishery Enterprise Name

By:

Charles Lance T. Estocapio

April 18, 2022

Date Prepared

Page 1 of 6
A. GENERAL INFORMATION

Category of Enterprise : () Production

( ) Processing
( ) Digital Agriculture
( ) Supply Chain Business Solutions

Type of Commodity ( ) Cereals

( ) Lowland vegetables
( ) Upland vegetables
( ) Fruits and Nuts
( ) Herbs and Spices
( ) Root crops
() Poultry Products
( ) Livestock Products
( ) Fisheries and Aquaculture
( ) Industrial Crops and Products
( ) Farm Inputs (Seeds, Fertilizers, Farm Equipment)
( ) Others, specify, Bee Products (Honey)

Specific commodity/ product/ service Volume per cycle

Honey 36,000 liters per year

Agri-fishery Enterprise Address: Lot 48 Prk 4. Brgy Tokawal, Alabel, Sarangani Province, 9501

Total Investment Cost : PhP 59,530.00

B. BASIC INFORMATION
Name of Agripreneur : CHARLES LANCE T. ESTOCAPIO
Date of Birth : APRIL 02, 1997
Home Address : ORINGO SUBD, BRGY CITY HEIGHTS, GENERAL SANTOS CITY
Contact Number : 0968-3536-558
Email Address : charlesestocapio@gmail.com
Experience/year(s) in the business of similar project: Beginner.

Notes:
1. If a group, please indicate the above basic information of all members. (N/A)
2. Each applicant must attach a clear scanned copy of valid ID, proof of residency, proof of documents of
agriculture or fishery experience or related training/education (if there is any), and 2x2 photo with white
background.(N/A)

Page 2 of 6

7. Key Partners
7.1 Bee colonies Supplier:
-BEEkeeping Philippines
- This Fb group has a range of bee
keepers and farmers around the
Philippines that can give advice on bee
keeping.
7.2 Buyers/Business Partners:
-Public Market Vendors, Gensan Online
Market, Local Stores, Sari-sari stores,
chicken farm growers, Gensan
Beekeeping
7.3. Department of Agriculture -
ACPC: Capital Build-up
7.4. Department of Trade and
Industry (DTI) : product branding,
registration and marketing.
7.5 Department of Agriculture -ATI:
Skills Training
8. Cost Structure
8.1 Start-up Capital: Php 59,530.00
-Construction Material
-Construction Labors
-Operating Expenses
6. Key Activities
6. Key Activities
6.1 Preparatory Activities
-Collection of Construction Materials for
the Bee hive Stand.
-Land Preparation before construction.
-Construction of bee hive stand.
-Bees collecting of pollen & nectar stage
-Conducts daily, weekly inspection
-Marketing & Selling Stage
-Identifying Strength & Weaknesses of
the overall undertaken activities.
5. Key Resources
5.1 Capital Requirements
-Financial Support from Government
-At least 50k-70k pesos for start-up
5.2 Labor
-Farm manager (1)
-Farm worker (1)
5.4 Land Requirement
-Land/ Area At least 2 hectares
5.5 Skills Acquired
-Acquired skills from my friends who has
a farm and expert in the field of bee
keeping and plan on enrolling to
agriculture related NCII Courses in
TESDA for additional knowledge.
1. Value Proposition 4. Customer Relationships 2. Customer Segments
4.1. Build Strong Relationship
1.1 What problem does your business
trying to solve and what needs do your Provide good quality customer service 2.1 Target customers
business address? 4.2 Gain Customer Loyalty -Public Markets
Meet customer’s demands & wants -Supermarkets
-Online Buyers
- To Supply pure & quality honey regarding volume & date requirement.
products in the market. -Local Stores
4.3 Aftersales Service
-Promotes Sustainable Farming through -Offer discounts to regular customers & 2.2 Locations
Innovation in the field of Bee keeping. bulk buyers - SOCCSKSARGEN Area (South
Cotabato, Cotabato,Sultana Kudarat,,
4.4 Communicate Customer’s SARANGANI , General Santos City)
1.2 How do you offer something
Feedbacks
unique/different that satisfies the 2.3 Market Size
Set up feedback form
demands/needs/wants of your target Small
customer segments (e.g. price, quality, -Sari-sari Stores
design, status, etc)?
-Vendors
Medium
-All bees are important to our
-Mini Marts
environment they are the most helpful
pollinator of flower, this project is to
3. Marketing Channels -Convenience Store
Large
help the population of bees in the area 3.1 Direct Selling, Online Selling and -Public Markets
and also help the neighbouring farms set Authorized Dealers/re sellers -Supermarkets
through pollination of their vegetable -Restaurants
and fruit bearing trees. 3.2 Partners Stores & Establishment -Bakeries
- Public Markets /Retail Supermarkets/ 2.4 Target Business Partners
1.3. Business Ethics: Bakeries/Local Stores -Supermarket
-To help people create business (thru -Public Markets
reselling) 3.3 Advertisement Tactics -Local Stores
-Produce high quality products. -Social Media Websites (FB, IG, YT) 2.5 Customers’ Demands
-Provide good customer service -One on one/ Walk-in -Meet date requirement
-Volume requirement
-High Quality
9. Revenue Streams
9.1 Direct Selling – Cash on Delivery
9.2 Business to Business and/or Bulk Orders
-Php500.00/ 250ml bottle
9.3 Pricing
-Economy Pricing/Cost plus pricing strategy
9.4 Mode of Payment
-Cash on Delivery/Pay as you order
-Accept Checks
Page 3 of 6
 MR. C’s HIVE
(BEE FARM)
ACTIVITY AND FINANCIAL PLAN

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6

Expense
Activity s W W W W W W W W W W W W W W W W W W W W W W
WK WK
(in Php) K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0 K0
01 02
3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4

Collection of
16,54
Materials for ₱16,540 0
Bee Hive Stand
Land
Preparation ₱700 800
(Labor – 1 day)
Construction of
Bee Hive Stand ₱800 800
(Labor – 1day)
Purchase of Bee
54,00
Colonies (12 ₱54,000 0
colonies)
Purchase of
tools used for
₱2,300 2,300
harvesting
honey

Total ₱59,530
 Cash Flow Statement
MR. C’s HIVE
(BEE FARM)

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6

Beginning Balance ₱59,530.00 ₱72,000.00 ₱157,470.00 ₱315,834.00 ₱483,698.00 ₱798,562.00

Initial Capitalization (Fund Source)
Grant Amount ₱50,000 ₱0.00 ₱0.00 ₱0.00 ₱0.00 ₱0.00
Owner's Capital ₱9,530 ₱0.00 ₱0.00 ₱0.00 ₱0.00 ₱0.00
Other Fund Sources ₱0.00 ₱0.00 ₱0.00 ₱0.00 ₱0.00 ₱0.00

Cash Inflow Cash Receipts from Operations (Sales)

Raw Honey (Annual Sales) ₱ 72,000.00 ₱144,000.00 ₱288,000.00 ₱288,000.00 ₱432,000.00 ₱432,000.00

Total Cash Inflow ₱131,530.00 ₱216,000.00 ₱445,470.00 ₱603,834.00 ₱915,698.00 ₱1,230,562

Cash Outflow
Capital Expense ₱ 57,230.00 ₱57,230.00 ₱22,500.00 ₱10,000.00 ₱10,000.00 ₱50,000
Operating Expenses ₱ 2,300.00 ₱1,300.00 ₱0.00 ₱3,000.00 ₱0.00 ₱0.00
Labor Expenses (Salary) ₱107,136.00 ₱107,136.00 ₱107,136.00 ₱111,984.00

Total Cash Outflow ₱59,530.00 ₱58,530.00 ₱129,636.00 ₱120,136.00 ₱117,136.00 ₱161,986

Ending Balance ₱72,000.00 ₱157,470.00 ₱315,834.00 ₱483,698.00 ₱798,562.00 ₱1,068,578

 Investment Cost, Sales, and Return on Investment

MR. C’s HIVE

(HIVE FARM)

A. Investment Cost
A..1 Capital Expense
Description Amount
Nails ₱ 250.00
Corrugated Aluminum Sheet (3)pcs ₱ 480.00
2x3x12 Coco lumber (6pcs) ₱ 900.00
Labor rate Php400 ( 1 day land preparation)(2 pax) ₱ 800.00
Labor rate Php400 ( 1 days construction) (2 pax) ₱ 800.00
Purchase of Bee Colonies (12 colonies) ₱ 54,000.00
Sub-total P 57,230 .00
A.2. Operating Expense
Description Amount
Smoker (2) ₱ 1,000.00
Bee keeping suit (3) ₱ 900.00
Stainless Steel Bee Hive Scraper ₱ 200.00
Protective Gloves ₱ 200.00
Sub-total P 2,300.00

Total Investment Cost P 59,530.00

B. Fund Source
Grant Amount ₱ 50,000.00
Loan Amount ₱ 0.00
Other Fund Sources : Owner’s Capital ₱ 9,530.00
Total Fund Source P 59,530.00

C. Sales per Cycle

Cost of Goods Sold ₱ 2,300.00

Gross Sales (1st Year) ₱ 72,000.00

Less: Cost of Goods Sold ₱ 2,300.00
Net Income (Annual) P ₱69,700.00
D. Return on Investment and Payback Period
Net Income per cycle (4 Months) ₱ 23,233.33
Net Income per year ₱ 69,700.00
Return on Investment 117.08%
Payback Period 2.56
E. Assumptions
Number of Cycles per year 3.00
Number of goods/services sold/rendered 36,000 ltrs(annual)
Price of goods/services
Raw Honey (per 250ml bottle) ₱ 500.00
Operating Expense is inclusive of Cost of Goods Sold ₱ 59,530.00
PROPOSED BUSINESS LOGO