Jov Business Plan
Jov Business Plan
Jov Business Plan
Executive Summary
Jov’s Hotel and Restaurant will be positioned as an international and local business. It will provide a high quality
accommodation, services and foods at value pricing with enjoyable and relaxing ambiance. Jov’s hotel and restaurant is the
answer for those people who travel and stay over vacation inside and outside of the country.
Objective
- To be successful hotel and restaurant and gain profit from other country.
- To make Jov’s hotel and restaurant as the destination of the travelers.
- To expand in different country such as Japan, Thailand, Singapore and China.
Mission
Our mission is to become one of the most popular hotels and restaurant in the Philippines with one building in
Cotabato City located at DOS Maguindanao.
Company Summary
Jov’s Hotel and Restaurant provides accommodation and restaurant with entertainment such as disco bar and live
band that is suit to the young people who wants to stay overnight. Our restaurant also provides and accepts services
like catering, venue for different occasion birthday, weeding and business conference. We also made as easy for
transaction through telecommunication for reservation and inquiries.
Quality of Rooms
Our restaurant offer room service. Every room is provided with an elegant bed, cold air conditioned including appliances
with a luxury type of comfort room. Outside the window you can see the spectacular view of Cotabato City that will make
you feel free, relax and at home.
We serve Filipino delicacies and we adopt some other food made from international.
Start up Requirements
Start up expenses
Appliances = 3,000,000
Legal = 2,000,000
Stationary= 2,000,000
Start up asset
Cash require=20,000,000
Company location
-tourist destination
-easy to access
All of these are consistent with Jov’s hotel and restaurant goal providing a quality of accommodation, services and food.
We also encourage every member to used “word of mouth” to be the best form of marketing.
Products
We want to focus on endorsing the hotel accommodations, quality services and food products made from our restaurant.
In promoting this, we will offer various merchandise with our logo and description of our services and products.
Product description
Jov’s hotel and restaurant primarily offer a great and affordable accommodation, services and products.
Carabean iland
Korean bbq
Fries
Beef steak
Menudo
Chocolate Drink
Coffee drink
Milk drink
Others
Competitive comparison
_ have a unique accommodation in hotel with spectacular and high technology advanced with friendly staff and
approachable.
Market Analysis
- The tourism industry of the Philippines rose now a day followed by the development and discovery of new tourist
spot that makes local and foreign people to travel around the country. And our government open to offer some
businesses for those who wants to invest and put up some business in some areas of the Philippines.
A much broader appeal exists for monthly and a year especially in summer. Those are times when most of our target
markets enjoy their staying.
We are targeting local and international who travel and stay in our establishment. They will experiencing our the best
hotel and restaurant.
market segmentation
for local
international
Jov’s hotel and restaurant intends to serve and provides international and locally for several and important reasons. It is
our goal to be the extra ordinary hotel and restaurant and we believe that the group of investors, business owner,
travelers could take place.
Market needs
Jov’s hotel and restaurant wants with quality accommodation and services.
Financial Plan
-The company is now privately held by Jovanie Pacete, Ryan jeams Claud, Doris Benidicto, and Jeehan Mohammad. Future
shares will be offered after 2 consecutive years of operating in Philippines.
Start Up Funding
Currently the company owned by the 4 original founders, each of them contributes 20,000,000 pesos for the same amount
of share 25%. This will serve as start up requirements and provide the business with a cash cushion to use for expansion
over the first 3 years.
Start up funding
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Current barrowing - 0
Account payable – 0
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Total liabilities- 0
Capital
BSEd – TLE 3A
SUMMER CLASS