20 - Peso Entrepreneur Challenge

THC 7 Entrepreneurship in Tourism & Hospitality

Learning Exercise

MEMBERS:
RHEALYN G. MENTE
CHARLOTTE D. REYES
LOREN G. SAYCON

A. Product Offering
1. Venture Overview
Business Name: Bold Bites
Description of We are selling a product which is BIG ROLLS with the budget 36 pesos plus for the transportation which is 24 pesos with a total of 60
Product/Service: pesos. BIG ROLLS is a kind of wafer like superstix but is big and long its chocolate flavor. Then it is very affordable price for only 10
pesos each.

2. Evidence of Capital Usage:

Budget Allocation 60 pesos
Resourceful Strategies: Buying an affordable and delicious
foods to make our foods sold easily

B.. Operation of the Challenge

1. Marketing and Promotion:
Channels Used: Social Media and Face to Face
selling
Promotional Tactics: Inviting our besties/friends to
market our merchandise to others
and encouraging people to buy
together with some inspirational
and jokes quotes or sayings.

2. Sales and Revenue Operation:

 Units Sold: 9pcs

Total Revenue: 90 pesos

]
3. Customer Engagement:
Feedback Received: Affordable price
Crunchy
Yummy and delicious

C. Computation of Profit
1. Profit Computation:
Profit Amount Total Revenue - Total Expenses =
Profit

90 – 60 = 30 profit
 Total Expenses 9pcs BIG ROLLS = 4 each = 36
Breakdown: pesos

Transportation = 24 pesos

2. Reflection and Conclusion

Reflective Summary We struggle a lot on how to budget our 60 pesos together with the transportation and to choose what foods do we sell to the
customers. Then to reach our target to make it 90 pesos.

Challenges Faced We know some student don’t enough allowance and don’t have an appetite to eat something but still there are some
customer buy our goods.

Gratitude We are so very thankful to the students who buy our goods. Yes, this is our first time, selling and make our budget grow to
have more income. This is small business but we are just starting. Its normal to face some problem but we believe on
ourselves that we can all do it.