FRUITYLICIOUS HOTQUE

Jose Rizal Memorial State University- Turno, Dipolog City Zamboanga del Norte

A Business Plan Paper

Presented to the Faculty of the College Department
JOSE RIZAL MEMORIAL STATE UNIVERSITY
Bachelor of Science in Tourism Management
Turno, Dipolog City

In Partial Fulfillment of the requirements for

ENTREPRENEURSHIP IN TOURISM AND HOSPITALITY

LANTIANGAN, MARJORIE D.
SAMBRANA, DYLYN V.
LEGARTE, JENNY ANN A.
MONTUYA, MERRY D.
MAGLANGIT, HARLYN V.
OPADIA, CHERRY MAE G.

MW (5:30-7:00 PM)
Business Name: Fruitylicious Hotquè
Address: Jose Rizal Memorial State University-Dipolog Campus

Entrepreneurs:
Marjorie D. Lantiangan
Dylyn V. Sambrana
Jenny Ann A.Legarte
Merry D. Montuya
Harlyn V. Maglangit
Cherry Mae G. Opadia
 A. Assumption of the start-up cost
Fruitylicious Hotque
Assumption of the start-up costs
For 1 week of April, 2024

Cost of Goods sold ₱ 1,506.95

Materials 100.00
Transportation 300.00
Total Start-up Expenses ₱ 1,906. 95

B. Pro Forma Income Statement

Fruitylicious Hotque
Pro Forma Income Statement
For 5 days of April,2024

Net Sales
Sales ₱ 2,625.00
Less: Costs of Goods Sold (1,506.95)

Gross Profit ₱ 1,118.05

Less: Operating Expense
Materials 100.00
Transportation 300.00
Total Operating Expense ( 400.00)
Net Income ₱ 718.05
 C. Pro Forma Balance Sheets
Fruitylicious Hotque
Pro Forma Balance Sheet
For 5 Days of April, 2024
ASSETS
Current Assets:
Cash ₱ 144.00
Supplies and Inventory 1,506.00
Equipment 100.00
Total Assets ₱1,750.00

LIABILITY AND OWNER’S EQUITY

Liability and Owner’s Equity
Capital ₱ 2,050.00
Less: Operating Expense
Transportation (300.00)
TOTAL LIABILITIES AND OWNER’S EQUITY ₱1, 750.00

By taking the percentage of cost of goods using the formula:

Cost of goods ÷ capital x 100 = percentage of cost of goods x Price of product =
Allocated Cost
1, 506.95 ÷ 2, 050 X 100 = 73.50% ~ 74% X 5 = ₱ 3.7
1, 506.95 ÷ 2, 050 X 100 = 73.50% ~ 74% X10= ₱ 7.4

By taking the percentage of operation expense using the formula:

Operation expense ÷ Capital x100 = percentage of operation x price of the product =
allocated cost
400÷ 2,050 x 100 = 19.51% ~ 20% x 5 = ₱ 1
400÷ 2,050 x 100 = 19.51% ~ 20% x 10 = ₱ 2
In determining the income per product, we use this formula:
Net Income÷ Cash Sales to customers x price of the product = Income per product
718.05 ÷ 2,625 x 5 = 1.36 ~ 1 is the income per product
718.05 ÷ 2,625 x 10 = 2.73 ~ 3 is the income per product

In determining the percentage increase in money from the capital, we use this
formula:
( Cash Sales to Customers- Capital) ÷ Capital x 100 = percentage increase
( 2, 625 – 2,050) ÷ 2050 x 100 = 28. 048 ~ 28 is the percentage increase for 5 days
 D. Pro Forma Cash Flows
Fruitylicious Hotque
Pro forma Cash Flows
For 5 Days of April, 2024

Cash Flows from operating Activities

Net Income ₱ 718.05

Supplies and Inventory ( 1, 506.95)

Total Cash Flows from operations ₱ 788.9

Cash Flows from Investing

Cash receipts from sale 2,625.00

Equipment 100.00

Total Cash Flows from Investing ₱ 2,525.00

Cash: Beginning Cash Balance ₱ 2,050.00

Cash: Ending Cash Balance ₱ 1, 736.1

Days Cash Inflows Cash Outflows Net Cashflows

April 4-14, 2024 ₱2,050.00 ₱1, 906.95 ₱144.00

Date Name Time Role Description

In Out
4-4-24 Lantiangan 1 pm 6 pm Collecting the
money for Capital
4-4-24 Lantiangan 8 am 9 pm Purchasers
Maglangit ( buying the raw
materials)
4-4-24 Sambrana 10 am 1 pm Measure the
Legarte ingredients, mixing
the ingredients,
cooking the
hotcake
4-4-24 Montuya 2 pm 7 pm Selling the
Opadia products
4-5-24 Lantiangan 7:40 am 7:30 pm Collecting the
revenue
4-5-24 Maglangit 8 am 9 pm Purchasers
Lantiangan ( buying the raw
materials)
4-5-24 Sambrana 9 am 12 pm Mixing the
Legarte ingredients
4-5-24 Opadia 1 pm 5 pm Selling the
Montuya products
4-10-24 Lantiangan 7:30 am 7:30 pm Collecting the
revenue
4-10-24 Maglangit 8 am 9:am Buying raw
materials
4-10-24 Sambrana 9 am 10 am Mixing the
ingredients
4-10-24 Legarte 10 am 1 pm Cooking the
hotcake
4-10-24 Opadia 1 pm 7 pm Selling the product
Montuya
4-11-24 Lantiangan 7:30 am 7: 30 pm Collecting the
revenue
4-11-24 Lantiangan 8 am 9 am Purchasers
Maglangit ( buying raw
materials)
4-11-24 Legarte 9 am 10 am Mixing the
ingredients
4-11-24 Sambrana 10 am 1 pm Cooking the
hotcake
4-11-24 Opadia 1 pm 7 pm Selling the
Montuya products
4-12-24 Lantiangan 7:30 am 7: 30 pm Collecting the
revenue
4-12-24 Maglangit 8 am 9 am Purchaser
4-12-24 Opadia 9 am 10 am Mixing the
ingredients
4-12-24 Sambrana 10 am 1 pm Cooking the
hotcake
4-12-24 Legarte 2 pm 7 pm Selling the
Montuya products

Date Description Accounts Debit Credit Comment

April 3, Establishing Cash 410

2024 a business
April 3, Establishing a Fruitylicious 410
2024 business Hotque
April 4, Purchase raw Costs of 338
2024 materials Goods

April 4, Purchase raw Cash 338

2024 materials

April 4, Transportation Transportation 60

2024

April 4, Transportation Cash 60

2024
April 4, First day -65 Sales 525
2024 products sales
April 4, Sales Cash 525
2024
April 5, Purchase raw Costs of goods 342.65
2024 materials
April 5, Purchase raw Cash 342.65
2024 materials
April 5, Transportation Transportation 60
2024
April 5, Transportation Transportation 60
2024
April 5, Second day- Sales 525
2024 65 products
sales
April 5, Second day- Cash 525
2024 65 products
sales
April 10, Purchased raw Costs of 348
2024 materials Goods
April 10, Purchased raw Costs of 348
2024 materials Goods
April 10, Transportation Transportation 60
2024
April 10, Transportation Transportation 60
2024
April 10, Third day 65 Sales 525
2024 sales product
April 10, Third day 65 cash 525
2024 sales product
April 11, Purchased raw Costs of 280.15
2024 materials Goods
April 11, Purchased raw Costs of 280.15
2024 materials Goods
April 11, Transportation Transportation 60
2024
April 11, Transportation Cash 60
2024
April 11, Fourth Day-65 Sales 525
2024 sales product
April 11, Fourth Day-65 Cash 525
2024 sales product
April 12, Purchased raw Costs of 268.15
2024 materials Goods
April 12, Purchased raw Cash 268.15
2024 materials
April 12, Transportation Transportation 60
2024
April 12, Transportation Cash 60
2024
April 12, Fifth day -65 Sales 525
2024 product sales
April 12, Fifth day -65 Cash 525
2024 product sales