NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 BUSINESS PLAN Jaja’sk ChocoNilupak Presented by: Grade 11 – ICT2 (CSS) Alexis Tavarez Angela Mae Tacolog Name3 Name4 Nmae5 Name6 Name7 Presented to: Ms. Aiza T. Tuplano Entrepreneurship Teacher Date: NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 Jaja’sk Company ChocoNilupak NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 TABLE OF CONTENTS CHAPTER PAGE I. Executive Summary ………………….. 1 II. Market Analysis ………………….. 2 III. Company Description ………………….. 3 IV. Organization and Management Structure ………………….. 4 V. Marketing and Sales Strategy ………………….. 5 VI. Product Description ………………….. 6 VII. Production and Operation ………………….. 7 …………………. 8 VIII. Financial Analysis NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 I. EXECUTIVE SUMMARY The name of our business is Jaja’sk Company. The main objective of our business is to change the traditional nilupak into a new one. This product have a goal to give the students a nutritious and affordable snacks on their breaktime. We wanted to give them a snack that has benefits for their body and is good for their health. This business aims to bring out the popularity of nilupak. Nilupak isn’t usually famous to some millennials nowadays so we want them to know that there is nilupak that is good for them. Our target market are the grade 11 students of NHS. They are the majority to purchase our products. Our business is a sole proprietorship. The total amount of financing requied is P270 and it will come from our savings. The one who will manage the business is the owner NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 II. MARKET ANALYSIS Our target market are the Grade 11 and 12 students of Nagpayong High School. That ages 15 and above,both female and male. In the strands of Academic Tracks and TVL. Where they have the income/allowance of P20 and above. All of these students are single. Our potential customers are the Senior High School students of NHS,both female and male. The product {Nilupak} that we have is new to them so we see that it will be saleable to them. New products are good to sell mostly if they have no idea about it. These customers will be curious on how our product tastes.We will sell our products here at the Centennial II,Nagpayong,Pinagbuhatan,Pasig City. Where our school is located. Nagpayong High School is our main market. Grade 11 students is 54% of the senior high school population. 50% are males and 50% are females. Grade 12 students is 46% of the senior high school population, 48% are males and 52% are females. The competitors we have are our classmates that could possibly have a product that will be saleable than ours. The price of our product is affordable and cheap that only costs P5-P8. We see that our product may be good for the students that has low budget for their snacks in school. The only weakness that we have is that, our product is limited,that we can only make 60 pieces a day. NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 III. COMPANY DESCRIPTION Our business,which is selling Nilupak with chocolates,will be sold to the SHS students of NHS. This is a kind of a provincial snack or dessert of Filipinos. Usually it is made of cassava. But our Nilupak is made of saba banana with a twist which is chocolate. We mixed it with chocolate to make it on trend for the millenials. Nilupak is affordable for everyone and we assure that this will be a friendly budget for every students in Nagpayong The type of our business in manufacturing. Nilupak is a home-made product. We do not use machines,instead we used man power to create nilupak.The challenges that occur in our sector are those we see as competitors,like our classmates and the canteen. Other than that is the process of making our customers buy the product we have. It is a big challenge to encourage them to buy some. The big population of our school is also a challenge for us that when the customers liked our product, demands will start to increase. We can only produce 60 pieces a day and higher demands of our product will be a challenge for us to make our man power double just to reach the wants of our customers. The type of business that we are going to operate is manufacturing. Basically,foods are the needs of our customers and in this situation or product will be saleable for our target customers which are the Grade 11 students of NHS. We can fill the needs of these students by selling our nutritious and a low price snack to them. Maybe the products of our competitors are more sweeter than our product,but surely Nilupak is more nutritious than those they sell. We chose this business opportunity because it is easy to make nilupak. The product nilupak is also nutritious and this is good for the customers health. In starting up this business we don’t need to spend a big amount of money. We selected NHS because we have more access in this area. And we are only students so it is our only choice. NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 Item Stove (superkalan) Casserole Mixing bowl Ladle Plastic gloves Banana leaves Value P160 P200 P100 P50 P24 P10 P544 Total Our business operation will start before the class hours of the students and up to their break time. It’ll run for almost 5 hours every day. The permit that we need for selling our products to the students is the permit of the teachers and the supervisor of the school. Strength Price: P5 – P8 : It is affordable and cheap. Opportunities Weakness - Limited product Our product is only limited for a day. We can only produce 50-60 pieces a day. Threats Daily allowance of students Canteen and classmates that sell - Their allowance ranges to P20- snacks – students may like more the snacks P50and it is good for students who at the canteen or the products that our have low budget on their snacks. classmates sell. NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 IV. ORGANIZATION AND MANAGEMENT STRUCTURE Our business will manufacture a product which is Choconilupak that is a mixture of chocolate and nilupak. We made a product that twisted the traditional Nilupak into a new one. Nilupak is usually made of cassava but our nilupak is made of saba banana mixed with some chocolate bits.The uniqueness of our product is that it changed the traditional recipe. It is more simple than the usual one. The advantage of this product it that,it has chocolates and,chocolates are one of the trends in Filipino’s snack or desserts. Procedure 1. Boil the saba banana until it tenders. 2. Peel off the skin and place the bananas in a mixing bowl. 3. Start crushing the banana and mix with sugar and chopped chocolats. 4. Mold the nilupak mixture into flat circles and set aside on a clean plate 5. Brush the top with some margarine and wrap the nilupak in banana leaf. 6. Lastly,carefully arrange the wrapped Choconilupak in a big tupperware. The product itself will meet our customers needs. We know that food is one of the primary needs of humans. Nilupak will surely be good for our customers because aside from it has a cheap price it is also good for the health. It has lots of vitamins like Vitamin A,B6,and C,protein,fiber,manganese and potassium. Our pre-start strategy is to invite some potential customers near our place and give free tastes for the first 10 customers that we will have. Giving them free taste can make our product be known in our school. Also we will give them 1 free colored paper each in the first week of selling our product. For the technology requirements, we will use social media to advertise our product. Uploading pictures of our own made nilupak in facebook may give us great opportunities. Not just in our school but also in other places. NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 V. MARKETING AND SALES STRATEGY In informing our customers about our product, we will use some flyers and the social media to let them know what kind of product we are selling. On the first day of selling our product we have a promo “Free for the first five customers”. Encouraging other students to buy our product in the way of informing them the benefits that they will get in buying and eating nilupak. This will be effective because , surely students will buy once they knew what is nilupak. NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 VI. PRODUCT DESCRIPTION NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 VII. PRODUCTION AND OPERATION NAGPAYONG HIGH SCHOOL Senior High School Department S.Y. 2019 - 2020 VIII. FINANCIAL ANALYSIS