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BUSINESS PLAN GROUP 4 TAKOMILK Final
BUSINESS PLAN GROUP 4 TAKOMILK Final
TAKOMILK
A Business Plan of Takomilk
Presented to the
City University Of Pasay
In Partial Fulfillment Of the Requirement of the Subject
By:
Tallo, Camille S.
Carbonel, Liency G.
Obiña, Charmain
Lindo, Ulysses jumawid
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City University of Pasay
College of Office Administration and Computer Technology
A.Y. 2023-2024
FB & IG
Website- https://www.takomilk.com
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College of Office Administration and Computer Technology
S.Y. 2023-2024
i. Executive Summary
A. Introduction
B. The Company
C. Products and Services
D. The Market
E. Financial Considerations
Chapter I. Introduction
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i. Executive Summary
Introduction
Takomilk is a takoyaki and milk tea shop that offers a mixture of traditional and
modern tastes located at Malibay Pasay. Its goal is to catch the interest of the future regular
customers that we will entice by our various types of takoyaki and milk tea as well as by our
quiet and comfortable place that is perfect for studying, meeting place and many more. We aim
to expand our branch locally and intentionally within the next few years. We promote a more
healthy way of enjoying sweets which is why we offer honey as a substitute for sugar for
those who have a problem with the sugar intake in our milk tea.
The goal of TAKOMILK is to give joy and satisfaction to our customers at a reasonable price
The Company
As you can see in the tagline of our business, Takomilk was formed because of our
group of friends. One of them is Ms. Camille S. Tallo, who is the Manager of the business,
Ulysses jumawid Lindo who have experience in being a barista and serving food. To the
remaining people who are part of the company, they contributed ideas, specific instances, skills,
values, etc. where everyone had more extensive knowledge on how to run the business properly.
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We came up with this business concept not just to stay up with the trend, but also to
provide people with what they want in terms of food. There are several features available in
milk tea and takoyaki, and they may choose which taste to assume. Milktea attracts a diverse
customer base, particularly among younger generations, since there is practically plenty for
everyone on the menu. Like Takoyaki, it pleases a wide range of Filipino taste preferences and
Takomilk, our product, comes from the idea of comfort food which is Takoyaki and Milktea. Originated from
Asian cuisine that simply offers quintessential Japanese and Hong Kong street food that among youngsters
can also be attributed to it being a convenient go to snack. TAKOMILK mainly offers diverse kinds of milk
tea flavors and also takoyaki. These are made of quality ingredients that would really suit and satisfy
customer taste.
Takoyaki is a ball-shaped Japanese snack made of wheat flour–based batter and cooked in a
specially molded pan. It is typically filled with minced or diced octopus. The balls are brushed with takoyaki
sauce and mayonnaise, and then sprinkled with green laver and shavings of dried bonito (fish that is grated
into flakes) Milktea, from the typical hot tea of China, Taiwan made the first “Bubble Tea” which made the
beverage most famous in the country.Its admiration from the food industry in the Philippine market has caught
the attention of millions of our fellowmen by storm by using products from the Philippines to support Filipino
productions.
The Market
During this time of the pandemic, there are a lot of different kinds of food on the
market online and in actual stores. One of the best drinks and finger foods that are so much
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popular are takoyaki and Milk Tea combinations. The taste of these two products are good and
customers are always looking for this kind of food especially teenagers and millennial workers.
Also, the mothers that are craving this food. We are very happy to share the journey of selling
our product. The more good news in our business in these very challenging moments.
Takomilk offers a modern type of product and our store is located at malibay, Pasay
city, therefore, our product would be new for the taste and naturally, customers would be
Financial Considerations
Takomilk will allocate funds using personal savings of 100,000 per year. And extra 50,000 for
Chapter I. Introduction
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The company specializes in Two products named Takomilk which means Takoyaki and milk tea. Takoyaki
provides high-quality foods and ingredients at a reasonable price that everyone can afford. Our Milk tea is a
refreshing flavored iced tea with tapioca balls at the bottom. Milk is mixed with chocolate and hazelnuts. We
provide products and services that will surely make our beloved consumers satisfied, comfortable, and
refreshed.
Takomilk started because of the dedication and the same vision of the team to create something
that will give the consumers a product that is worth every penny of the consumers. So, the team had come up
with the idea to combine the takoyaki and milk tea since the team knew that these two products are so
popular that consumers, wherever they are, are willing to exert an extra effort just to buy this product.
Takomilk offers Takoyaki and milk tea. It started as a dream but now has become a reality ready to serve
CHAPTER II.
TAKOMILK
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MISSION
Takomilk's mission is to improve more and become better than before in the process of making
the best quality of Takoyaki and Milktea of Takomilk that would satisfy our customers' taste
VISION
Takomilk's vision is to establish food services globally and to be known as one of the best-
selling takoyaki and milk tea with the goal of delivering entertainment, friendly services, And
high-quality food because good food can be a source of genuine happiness to the customers.
OBJECTIVES
3. To broaden widely
4. To consistently provide clients with new, distinctive flavors that will satisfy
them.
OBJECTIVES
KEY RESULT
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1. To provide high-quality food and services 1a. Continuously providing the best quality
at a reasonable price.
raw materials in making the takoyaki and milk
tea.
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2. To secure a spot in the provinces. 1a. We will establish new branches in several
provinces
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of tea.
4. To consistently provide clients with 1a. To make sure that the customer will enjoy
new, distinctive flavors that will
satisfy them. every single bite of takoyaki considering the
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secure packaging.
treated.
working students
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History
The Takomilk started because of the dedication and the same vision of the team to
create something that will give the consumers a product that is worth every penny of the
consumers. So the team had come up with the idea to combine the takoyaki and milktea since
the team knew that these two product is so popular that the consumers, wherever they are, are
willing to exert an extra effort just to buy these products. But we know that before we chose
a certain idea we must give a chance to others on their opinions and ideas, so we created a
poll to know and to gain more knowledge on the idea of others, and also there will be no bias
in choosing products. But in the end, the takoyaki and milktea have won majority. So the
Takomilk that we know today was built by a team that has full of dedication and the same vision.
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Chapter III.
Business proponents
Proponents of the business are the members of the group itself, who may include
employees, investors, customers, suppliers, etc. By dividing them into different categories of
work, it enables them to work together to ensure the success of the business. In business
proponents and stakeholders, it is the board of directors that is responsible for taking action. In
order to make a company successful, they have a particular field they specialize in or
Resource mobilizers and financial backers it is the investors and business partner who
are willing to give funds or budget to the business and organization to expand and secure new
resources to meet the requirements of needs. In order to achieve short-term and long-term
goals, requires seeking out investors who offer financial support as well as moral support.
Having enough investors and business partners will help to successfully cover expenses and
maintain the standard quality of the product that the business provides to its customers.
The assigned employees in technology providers and applicators are the ones who have
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the knowledge and specialized in this field for example the service provider and information
technology. They are in charge of tracking and budgeting funds to pay for the technologies that
the business needs. Since they're in the media, it is their responsibility to do the things
that are involved with electronics and technology like for example making a website and
portfolio of our business that can provide information and descriptions to the consumers to
know what our main product and services in the technology providers and applicators team can
also help to promote our business using the media to spread and expand publicly to catch the
The Operating and Support Team will create programs to promote our business. It
Capital sourcing
The Takomilk shop has a dedicated fund that will be used for Capital that will come from
group members. The personal savings will be used to build the shop and improve our business.
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CHAPTER IV
MARKET SEGMENTATION
Technological)
The Takomilk is open for men, women and other gender therefore our target customers
are everyone. The market is divided into three (3) categories such as Teenagers, 14-19 Early
Teenagers 14-19
14-19 years old would be interested in exploring different kinds of drinks and pastries,
especially those good-looking or the so-called “instagramable”, furthermore both boys and girls
would love the delicious and sweet because kids or teens love the sweet and charming look that
At this age both men and women prefer to buy Milktea and Takoyaki at the store because
a Takoyaki and Milktea shop could be a hang-out place with friends, to talk to the troops and
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relax, they would want to have a Milktea to chill their mind because of the coldness of it and
spend their time leisurely as well as taking Takoyaki to fill hunger during work hours that they
spent.
The business appeal to this consumer age group because most of this age stay at the
office and would need food that could fill their stomach first thing in the morning because
having breakfast will cause a boost to their brainpower and reduce the risk of illness. In
addition to improving cognitive functions, in moderation, surprisingly can reduce the risk of
chronic conditions and ailments such as Parkinson's disease, diabetes, liver disease and
depression. Our Takomilk shop will make sure that we will exert more effort to add table and
chairs for them to have a good meeting place to discuss business.
Consumer Profile
(Name of Target
Consumer) (Name of Target Consumer)
Demographics
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Religion/Ethnicity
Religion Religion
- Tradition - Tradition
- -
- Beliefs - Beliefs
Psychological
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- awake the system - Product
and to keep the Specification
alertness/ so they
would be - Provide them products
that they can enjoy.
energized.
- To take their
time leisurely.
- While studying
- When
meeting
with someone
- To keep them
energized by
drinking coffee
before working.
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Reasons/Motivation of buying -
Gift or souvenir to
the Product
friends or family
- members.
- Help them feel
less tired, Taste something
increase energy new and also to
levels, burn fat by take a picture to
jump-starting the body's post in social
metabolism, and - media accounts.
improve Treat themselves
productivity and brain something special.
function—includi ng -
memory, Recommended by
mood, reaction times, friends.
and
general mental function.
- They love
Milktea and Takoyaki.
Technographics
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- Online Product
Reviews
- advertisements
Devices used
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- Consumer’s review
- Consumer’s
about the products and
review about the
services.
products and
services. - Consumer’s review
- Consumer’s about the products and
recommendation services
about the products
and services.
Through Facebook/twitter
Through Facebook/twitter/ IG
Posts Posts, Blogs
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SWOT ANALYSIS
BUSINESS DESCRIPTION: Takomilk shop that is in province that offers Three types of
flavors in Takoyaki which is Cheese, Ham & Cheese, Octopus meat. Takoyaki are
circular, fluffy balls of dough with a delicious piece of octopus meat/Cheese /Ham &
Cheese, in the center that are topped in a special, savory Takoyaki sauce and Milk
Tea have Three types of flavors which is Chocolate, Hazelnut, Winter melon. Milk Tea
simply put Chocolate/Hazelnut/Winter melon is simply a flavoring for tea. As a result,
the ingredients used for producing our products are all locally made to support our
very own countrymen. We provide a cup of satisfaction for our costumer and ensure
that they will enjoy what we offer.
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EXTERNAL OPPORTUNITIES:
ANALYSIS ● New markets offer THREATS:
● Economic boom ● Price
Sensitivity
● New trends of
● Negative
Takoyaki and Milktea
feedbacks
● Emerging
Competitors
● Economic
recession
● Natural
disaster
● Pandemic
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V. 7P’s of Marketing
Product Profile
- He initially made a dish called choboyaki, similar to takoyaki in flavor but not shape. Choboyaki is
rectangular and flat with round bumps, resembling bubble wrap or Lego blocks.
In 1935, a man named tomoichi endo invented the takoyaki fire and popularized it in Osaka City. He was a
street vendor, but he was a clever cook at the time. Takoyaki stewed Octopus stewed is a small ball-
Ingredients:
Takoyaki Sauce
Takoyaki Flour
Japanese Mayo
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Bonita Flakes
Aonori Powder
Egg
Water
Crab Stick
TAKOYAKI たこ焼き or 蛸焼) is a ball-shaped Japane se snack made of a wheat flour-based batter and
cooked in a special molded pan.
It istypically filled with minced or diced octopus (tako), tempura scraps (tenkasu), pickled ginger (beni
The balls are brushed with takoyaki sauce (similar to Worcestershire sauce) and mayonnaise, and then
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Product Profile
-It originated in Hong Kong, and may have its origins in the introduction of the practice of drinking
afternoon tea with milk and sugar under British colonial rule. When using evaporated milk, sugar is often
Since the Philippines is a hot country, Filipinos do love refreshments. Juices and Softdrinks have been
there always whenever we want. Milk tea perhaps is a new taste for us. It is Suitable for
Chilling and Dialogue - Most people often love to talk while drinking something.
Ingredients:
Sugar Syrup
Tapioca Pearl
Black Tea
Hazelnut Powder
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It is a combination of black tea, milk, a sweetener of some sort, and tapioca pearls.
Cream and sugar may be mixed in while the newly-made tea is still hot.
Adding milk mellows and smooths out the flavors of tea, particularly some of the bitter notes found in
black tea. Milk tea is enjoyed throughout the world as both a hot and cold beverage.
Price Strategy
1. PRICING FOR MARKET PENETRATION - since takomilk and many more takoyaki & milkteahas already
been in the industry way back then we want to introduce our product in a very attractive way and
that is the lower price of our product compared to the takomilk and others prices but despite the
lower price, the products are kind of similar with the looks and taste of those in the takomilk and we
even provide things that takomilk or other known takoyaki & milktea doesn’t have.
2. ECONOMY PRICING - for economy pricing for takomilk we all know that ingredients used inmaking
sago, bonito dried flakes, takoyaki batter mix, takoyaki sauce, are quite expensive but we will still
base the price of takomilk menu on the real price of the products. And also, the purpose of this
takomilk is to let people know how delicious our menu even if you’re not rich in life but you can still
eat delicious and rich foods at cheap prices. We will do everything to achieve the price they can
afford but at the same time they are satisfied with the products or services provided by takomilk.
3. PSYCHOLOGY PRICING - our takomilk use this type of pricing because since the market price for the
ingredients used in our product is kind of natural price of our product will be higher but we want the
costumer to think that our product is cheap despite its sophisticated appearance by putting up a
price that could somehow trick them into buying our product.
4. BUNDLE PRICING - Takomilk offers a package or a set of goods for a lower and cheaper price than
a customer would pay if they bought it desperately. Takomilk does this for the customer to get what
product they want to buy at a discount because every customer has an amount that they are willing
to pay for products. That's why we offer the best deals for our consumers. We use this type of
strategy to increase our sales at the same time giving our customers a good discount.pay for
products. That's why we offer the best deals for our consumers. We use this type of strategy to
increase our sales at the same time giving our customers a good discount.
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labor
Total and 289,577 248,030.2 305,145.6145 333957.7374 429,563.6323
Expenses &Cost 3 6
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PROMOTION OF TAKOMILK
1. DISCOUNT COUPON - One of the best promotions for the beginner business like takomilk, this
coupon represents the loyal customer in our store. In other words, they could come again and
be a loyal customer.
2. ONLINE ADVERTISEMENT - The online advertisement is the number one effective promotion in
businesses like takomilk, we promote our store online so that almost everyone in the world
using the internet can see it. And also the customer has an advantage to this because they can
order online.
3. SOCIAL NETWORKING PAGE - We can promote our menu, freebies and also the
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discount in takomilk. We post it on social media pages and 50% of the people using the
4. PRODUCT ITSELF - Our product itself can promote and call the attention of the people as
well as our packaging or the way how we present our products to appear delectable in the
eyes of our customers and when they had a taste of it they will definitely be satisfied.
5. FREE TASTE - For our product, we have prepared a bite-size to offer as a free taste for
the customers since a lot of our products will be traditional it may be new to their eyes so
to pacify their doubts and curiosity they must have a taste of it first.
PLACE- our store is located in 209 ascaño st, malibay pasay city, The place is designed to look
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PACKAGING
As you can see, the majority of our packaging consists of paper and plastic cups. When
it’s viewed from another angle, the packaging cannot simply be discarded. It can be recycled and
The beverages are contained in a plastic cup container, while the Takoyaki’s are
packaged in a box with a paper lid. This packaging is handier since it is neatly packed and can
be safely carried when their order is to go. The packaging for the Takoyaki may be used to
hold different types of food, and the plastic cup container can be recycled because it can be
used as a regular cup at home.
We positioned the logo in the center of the package as part of our effort to promote
our brand so that customers will recognize it and should decide to make another purchase.
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Positioning
Takomilk offers a varieties of products and services such as takoyaki, milktea, we ensure that what
we offer is something that can satisfy the needs and wants of our customers, what makes us
different from the others is that we support local products made from the Philippines our very own
country as well as we promote the traditional sweets that seem to have been forgotten, so although
we also offer something from the provinces we still prioritize products that are made locally and has
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Another thing is for those customers who do not like waiting they can order ahead of time through
our online application that allow them to choose what they want so when they arrive their order is
ready to be enjoyed.
We made our sweets with the beverages in mind so they would suit each other Takomilk serves
clean, safe, and fresh products. We assure that every customer are safe, secure, and comfortable
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Owner
As one of the most important person in the
A owner is expected to work with harmony company he/she must possess qualities that
to the board and other executives to is befitting of a leader.
develop short and long-term priorities, plans
and strategies, the president is tasked with - Innovative, confident, good
providing good leadership for the communication skills,
organization. They are accountable for ruling trustworthy.
over the entire workforce and will control - Can remain calm and create
budgets and ensure that resources are solution everytime there will
adeately distributed. be a problem.
- Financial and
OperationKnowledgeable.
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Cashier
Cashier responsibilities include managing • Provides a positive
transactions with customers using cash customer experience
registers · Scanning goods and ensuring pricing is with fair, friendly, and
accurate courteous service.
• Registers sales on a
cash register by
scanning items, itemizing
and totaling customers'
purchases.
• Resolves customer
issues and answers
questions.
• Bags purchases if
needed.
• Processes return
transactions.
. .
Barista – • Maintain a clean work
area, and ensure
Preparing and serving hot and ingredients and supplies are
cold drinks such as milk tea, artisan prepped.
and specialty beverages. Cleaning • Contribute to a positive and
and sanitizing work areas, utensils collaborative work
and equipment. Cleaning service environment
and seating areas. • Prepare & serve light
drinks items
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List of Competitors
1, CoCo Fresh Tea & Juice - Known for their signature bubble tea drinks and fruit teas.
2. Happy Lemon - Offers a variety of milk tea flavors and fruit teas with unique twists.
3. Tiger Sugar - Famous for their brown sugar milk tea with a caramelized swirl.
4. Happy Cup - Known for their fresh fruit teas and milk tea blends.
5. ColdSip - Offers a range of fruit teas and milk tea options with natural ingredients.
1. Gindaco - A well-known chain originating from Osaka, Japan, with locations in various
countries.
2. Takoyaki Tora-chan - Located in Osaka, known for its flavorful and crispy takoyaki.
3. Wanaka - A popular takoyaki shop in Tokyo, Japan, offering delicious and creative
variations of the dish.
4. Otafuku - A long-standing takoyaki shop in Osaka, famous for its traditional-style takoyaki.
5. Takohachi - Another renowned takoyaki spot in Osaka, known for its soft and fluffy
takoyaki balls.
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washing.
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COMPANY POLICY
- Must Serve And Comply to The Costumer Needs with Respect And All Smile.
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-
Be Cautious. Conduct Work And Other Activities With Due Regard For The Health
And Safety Of Others
-
Treat everyone with respect and without discriminatory attitude regarding the
status of someone.
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