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(FINAL) Business Performance Review SpiceAndLavish

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SpiceAndLavish
SPICEANDLAVISH
MEATLESSLY GOOD
Presented by: Decena | Elorde | Geocada | Lalap |
Perez | Pesares | Tan
MEET OUR TEAM
MARIAH KENICE PEREZ
General Manager
JOSEPH ELIJAH TAN
MARIANNIE ERIKA PESARES
Finance Head
ALYZZA GABRIELLE GEOCADA
Productions and
Operation Assistant
MARIA LILY LALAP
Productions and
Operation Head
Administration Head
REYN ANN ELORDE
Sales and
Marketing Head
HIERA NICOLE DECENA
Sales and
Marketing Assistant
TABLE OF CONTENT
1
Business Operations
4
Financial Gains/Losses
2
Business' Objectives
and Projections
5
Business Simulation's
Pain points
3
Business' Success Area
6
Business Takeaways
BUSINESS OPERATIONS
BUSINESS OPERATIONS
MARKETING MIX (7 P's)
PLACE
PEOPLE
PRICE
PRODUCT
PROMOTION
PROCESS
POSITIONING
MARKETING OBJECTIVES
Increase brand awareness through a traditional
marketing approach.
Customer satisfaction by promoting consistency of
product quality, form, and quantity.
Attract new customers through constant promotions, also
giving away discounts and coupons.
BUSINESS OBJECTIVES
Offer customers a tasty and healthy product that is
entirely made of vegetables.
The business will use profits to finance or strengthen the
business.
The business will use growth models to contribute to the
business’ success.
To promote innovative ideas to targeted activities.
BUSINESS PROJECTIONS
We foresee that SpiceAndLavish will generate
at least Php 7,000.00-Php 10,000.00 in gross
sales during its whole three-week operation,
based on the size of the market and our
defined service location. Given the short
timespan and startup capital of Php 3,500.00,
the predicted revenue is sufficient to deem the
business successful. Furthermore, no other
contributions will be made, and the Php 3,500
will be used to fund the entire operation.
BUSINESS PROJECTIONS
PERIOD
WEEK 1
WEEK 2
WEEK 3
PROJECTED
SALES IN UNITS
50
50
50
ESTIMATED
SELLING PRICE
56
60
60
TOTAL SALES
2,800.00
3,000.00
3,000.00
BUSINESS PROJECTIONS
PERIOD
LUMPIA
SIOMAI
RICE MEALS
BURGER
TOTAL
PROJECTED
SALES IN UNITS
25
20
50
50
145
ESTIMATED
SELLING PRICE
20
20
65
50
155
TOTAL SALES
500.00
400.00
3,250.00
2,500.00
6,650.00
TOTAL GENERATED SALES
Since the beginning of our business last January 23, 2023
until March 24, 2023 we generated a total sales of Php 18,989
from our product lines, including our main product which is
the frozen Hearty Patty.
TOTAL SALES
TOTAL COST
TOTAL REVENUE
P 18,989.00
P 14,707.00
P 4,400.00
NO. OF ACTUAL DAYS OF
OPERATION
SpiceAndLavish operates for 1 month and 1 week a total, or a total of 36
days to be exact. The majority of these operations were done online,
and we were just taking pre-orders until we have reached Phase 2 of
our business, when we were be able to sell our items at Miguel Lobby.
NO. OF DAYS
DATE
PHASE 1
31
JAN 23 - FEB 22
PHASE 2
5
MAR 20 - 24
TOTAL
36
NO. OF CUSTOMERS
REACHED
We reached a total of 244 customers in 36 days throughout the course
of our business operations. Some of our customers visited our booth in
the Miguel lobby on a regular basis since we strive to maintain the
quality of our products. Also, the majority of our customers who ordered
from us online, bought a lot of patties every week because of its
affordable price and taste that is almost the same with meat.
PHASE 1
PHASE 2
60 CUSTOMERS
184 CUSTOMERS
NO. OF PRODUCTS SOLD
During the 36-day operation, we sold a total of
218 products, which included Frozen Hearty
Patties, Hearty Burger, Burger Steak, Lumpia,
Siomai, and Rice.
NO. OF PRODUCTS SOLD
FROZEN PATTIES
PHASE 1
PHASE 2
135
5
LUMPIA W/ RICE
9
SIOMAI W/ RICE
7
BURGER STEAK
42
NO. OF PRODUCTS SOLD
SIOMAI
35
LUMPIA
39
BURGER
79
OTHERS
2
TOTAL
135
218
CUSTOMER SATISFACTION
RATING
The majority of our customers have commented that our
products, especially our patties, do not taste like Banana
Blossom at all, but almost like meat.
They like how affordable our products are.
Our customers were amazed by the organization and set
up of our booth or stall.
They also appreciate the fact that we provide a wide
range of options for them.
CUSTOMER SATISFACTION
RATING
WEEKLY SALES TARGET &
PERFORMANCE REPORT
WEEKLY SALES TARGET &
PERFORMANCE REPORT
FINANCIAL GAIN AND
LOSSES
TOTAL SALES
P 18,989.00
RAW MATERIALS
P 13,309.00
TRANSPORTATION
P 630.00
UTILITIES & OTHER EXPENSES
P 768.00
TOTAL EXPENSES
P 14,707.00
BUSINESS EXPENSE REPORT
BUSINESS EXPENSE REPORT
BUSINESS SIMULATION'S
PAIN POINTS
Limited access
to cash
Declining
profits
Increase in
operating
expense
Cash flow and
financial
management
BUSINESS SIMULATION'S
PAIN POINTS
Difficulty in
finding a supplier
of Banana
Blossoms
Lack of
working/
cooking space
Struggling in
procuring goods
and supplies from
the market
Conflict among
members of
the group
BUSINESS TAKEAWAYS
The most essential thing I've taken away from the business
enterprise simulation is that running a business takes time
and a lot of effort. The most essential aspect of the simulation
was not the profit gained, but the critical lessons learned that
would come in helpful in the future. Because of the time spent
together, the team had formed a particular relationship, and
the food business is one that is extremely profitable if treated
seriously.
— Hiera Nicole Decena
BUSINESS TAKEAWAYS
Business Enterprise Simulation (BES) taught me a lot about
running a business and life in general. I have learned that
striving for perfection in business can only result in the bare
minimum. Cooperation and communication are the true
pillars of our business, and connecting with and
understanding the feelings and ideas of the other members
of the team is what has allowed our business to grow and
prosper. Additionally, I now understand and appreciate the
worth of money since BES taught me how to budget and
prioritize needs over wants.
— Reyn Ann Elorde
BUSINESS TAKEAWAYS
Participating in a business simulation game can be an eyeopening experience for students. One of the most important
lessons learned is the importance of strategic planning and
teamwork. This requires effective communication,
collaboration, and a willingness to compromise. By taking
these lessons to heart and applying them to real-world
situations, participants can increase their chances of success
and make a positive impact in the world of business.
— Alyzza Gabrielle Geocada
BUSINESS TAKEAWAYS
Among all of the tasks from other subjects, this Business Enterprise
Simulation (BES) really caught my attention. I found it both intriguing and
satisfying because I was able to put my skills to use and experience the
realities of starting a business. Planning, preparation, purchasing raw
materials, manufacture, packing, and selling the finished product all
require a lot of work. Despite all the challenges we encountered, the
process strengthened our team and taught us how to honestly speak
and express our emotions to one another. I learned from this how to
truly manage my finances and that every cent counts.
— Maria Lily Lalap
BUSINESS TAKEAWAYS
I learned the significance of money management. This is due
to the fact that while conducting a business simulation, the
first concern is financial. Furthermore, teams who efficiently
manage their funds are more likely to succeed than those
that do not. In addition, I believe that patience is the key to
business harmony. As a General Manager, I used to act
impulsively with my members. I learned my lesson in a hard
way, I realized that I should be the one that would lead them
and our business into success not ruin the unity inside our
organization.
— Mariah Kenice Perez
BUSINESS TAKEAWAYS
Experiences in our Business Enterprise Simulation (BES)
taught me a lot about our subject as well as how we go about
our daily lives. I've learned to spend my money carefully,
organize my time, and not squander it. Every minute of lost
time is a loss because time is money. It takes time, patience,
and effort to become successful. It needs considerable
devotion to operate a business since if you are not
determined with your business, the motivation to continue
will fade. You should like your job because it will keep you
motivated to do your work everyday.
— Mariannie Erika Pesares
SpiceAndLavish
THANK YOU
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