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B. LOCATION
C. BRIEF DESCRIPTION
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Our product is a combination of chocolate and peanut flavor to
produce a delicious food named Choco Peanut Yema Balls. This idea all
started when we had been in a grocery store and we saw this kind of
recipe in one of a condensed milk can. We tried it and we finally realize
that it taste good and it really satisfy every taste of our customer. Then we
all agree and decided to generate this kind of product. It is also easy to
prepare and it does not consume so much time.
3. Management aspect
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We sell this product in our school (PUP). Because we know that
many of our schoolmates can afford the price of our product.
d. Where do we get our capital to produce that product?
We just get our capital by what we have called “ambagan”.
We put it as one to meet our needs. The materials that we need
to produce it.
2. Investment cost
3. Methods of financing
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capital would generate more profits rather than financing it through the
used of debt, thus making the company more successful.
The owners of the company have contributed 14php/each, with
equal shares in the income generated. Any excess in the income after
distributed will be given to the person who volunteers himself in the
operation of the business.
b. Budgeting
Allocating the cash or capital on hand of the company would mean
success for the company. Therefore, we budget our capital according to
their importance in generating profits. We economize our capital properly
without decreasing the quantity of production that will be produced. By all
means we give priority to the main ingredients of the product to increase
its quality and nutrition content. The packaging is done accurately and
very presentable without increasing the cost of doing it.
c. Financial Statements
This statement of financial aspect of the company gives the owners
an overview on the company’s financial position. It also helps the
company to decide about financial matters. It also gives the owners
security and information about the position of their money invested in the
company.
1. Marketing Feasibility
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b. Market description
It is a small type of business where we sell a sweet yema coated
with chocolate. At first, the status growth of our business is so slow
because only few students are interested to buy our product but as they
taste our product and found out that it is so delicious many students
bought it and even those in the faculty.
e. Channel of distribution
We are planning to sell this product to the students and faculty of
Polytechnic University of the Philippines especially to the Banking and
Finance students and faculty.
2. Technical feasibility
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This is the procedure of making choco peanut yema balls:
Choco Peanut Yema Balls
Ingredients
1 can condensed milk
unsweetened cocoa powder
peanut (grind)
butter or margarine
colored cellophane (for packaging)
Procedure
You can eat this delicious Choco Peanut Yema balls anytime you want.
3. Financial feasibility
The group falls under small-scale business. The initial capital of the
group came from the equal contribution of the members. The net income
was distributed equally among the members.
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4. Profitability
Sales 258.00
Less: total expense
4 condensed milk 152.00
1 Milo 150 grams 27.50
2 cellophane 20.00
1 plastic 8.00
1 margarine 10.00
1/4 kilo of Peanut 15.00
Total Expenses 232.50
Net Income before tax 52.50
less income tax of 35% 18.38
Net Income after tax 34.12
Sales 360.00
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Less: total expense
4 condensed milk 156.00
1 Milo 300 grams 52.00
2 cellophane 11.00
1 plastic 8.00
1 margarine 5.00
1/4 kilo of Peanut 15.00
1 plastic 9.00
Freight 10.00
Total Expenses 258.00
Net Income before tax 102.00
less income tax of 35% 35.70
Net Income after tax 66.30
F. RECOMMENDATIONS
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We recommend our homemade product, the Choco-peanut Yema
Balls to all students, utilities, and professor of our university and to people
who can afford to buy it. This is recommended to all ages and gender who
loves to eat an extraordinary taste of yema which they will never forget in their
whole lives. Once you taste it, you will forget everything, even your name
because of the unique and delicious taste of it. Aside of unique taste, it is also
affordable with the price of P15 per pack.