Business Plan For Students
Business Plan For Students
Business Plan For Students
I. EXECUTIVE SUMMARY
Apple, (Malus domestica), fruit of the domesticated tree Malus domestica (family Rosaceae), one
of the most widely cultivated tree fruits. The apple is a pome (fleshy) fruit, in which the ripened ovary and
surrounding tissue both become fleshy and edible.
Starting a business requires strategic planning, market analysis and marketing research
to have a proper management carrying out the conception, pricing, promotion and disribution of
ideas, goods and services to bring out exchanges to satisfy individual and organizational goal. It
is also needed in order for the business to be competitive and persistently pursue opportunities
that are characterized by creative activities of the business designed to meet particular needs of
customer. This is what the proponents needed before creating this business plan and making
up a proposal in establishing a business.
The proponents of this business named “JUICE FOLLOW YOUR HEART” decided to
operate a small business enterprise that comprises the selling pandan gulaman juice which will
totally blow their mind of away because of its refreshing and delicious taste.The proponents
decided to come up with this kind of business because they know that their target markets
which are the teens and kids would likely buy a pandan - gulaman combo mixed in a cup
instead of those ordinary juice out there. The proponents centered on the products that would
easily catch the attention and will really satisfy the needs and wants of the customers.
A. JOB ANALYSIS
After the thorough planning and plotting of the group, the proponents named their firm as
“JUICE FOLLOW YOUR HEART” because it was distinct, easy to pronounce and easy to
remember and is related to products we’re offering to the customers.
2. Business Location
This business will be launched in the premises of Sitio San Antonio, Bagong Buhay,
Naujan, Oriental Mindoro during these Summer Holidays, March 01-25, 2020.
President
Randy Marcos
Vice President
The proponents were pickedPablo
by the subject teacher according to their group in the
Agapito
Practical Research subject to be a group in introducing a business ventures in their barangay.
They make research in order to come up a better business that will suit the needs and wants of
the customers related to a food business activity.
Secretary Treasurer Business Manager
They
Arnold conduct market analysis
Agapito before
Maica Marcos they end up on making the business name and
Jerico Viernes
the products and services they will offer. It really helped them to classify and identify their
market through categorization of general to least specific. Furthermore, the market need was
determined by listing all the problems continuously and presently hindering the cycle and
Head
production of the markets’ daily life and having a list of the markets’ interest refreshing drinks
Pablo Agapito
which became trend during this month na is alsofeatured on screen because a lot of people
became addictly attracted with this product. Lastly, they classified their competitors, barriers and
Seller
the regulation that they consider to be part of a business firm.
Elizer Larga
1. MARKET ASSESSMENT
Nowadays, people are easily influenced by what is to be most loved by other people,
what’s on the trend and what’s new for today’s era. They love twists and combinations of
different colors which see and called as instragrammable one. To be specific, the children and
even the adults are one of most likely to love drinks especially juices as they loss interest in
normal juices. Their lack of interest on other drinks will surely make this pandan gulaman juice
blow away the competition in food industry.
Kids like buying drinks not only those with
delicious taste but those which really catches their
eyes and attention. At this age, they feel happy and
satisfied to have two birds in one stone and this is
what pandan gulaman juice offers for them. So the
entrepreneurs had come up with the business named
“Juice Follow Your Heart” to meet the demand, needs
and wants of them.
2. MARKET DESCRIPTION
The entrepreneurs will sell pandan juice where customers will get to taste pandan with the
sweet taste of gulaman. This will be affordable for the kids as it is much more cheaper than
those of what is offered in the market.
Proponents came up with the name business “Juice Follow Your Heart” to get the
customers attention especially young ones which are easily persuaded by attractive names.
The product will be made affordable for the kids of Bagong Buhay Naujan, Oriental
Mindoro who were fond interested in pandan juice. Through this, the proponents will able to
meet the wants of the students and will able to gain profit. In order to do the planned market
analysis, the entrepreneurs will seek permission to the barangay captain.
3. MARKET SEGMENTATION
In this era, the youths called Millenials loved food not only to satisfy their hunger and
taste buds but because of their interest on new and unique ones. Pandan gulaman juice which
obviously composed of pandan flavored powder and gulaman is one of the drink that really
meets the customers like for distinct. This juice will be packed on a desined cup according to
what’s noce on customers’ eyes. The company will concentrate on marketing business for the
students who are were shake students who are mostly interested in drinks combos.
Both girls and boys
People who love drinks
Age 4-48 years old
4. TARGET MARKET
The target market of the business “Juice Follow Your Heart” are the kids and adults in
the Barangay Nagong Buhay that inclined to food and beverages.
PRODUCT DESCRIPTION
So far, the youth became influenced by what’s on trend and new in the food and
beverage industry for the present time. The particular and often seen on their posts on
instagram, facebook and other social medias where picture perfect drinks which satisfy their
want and demand.
In this case, we came up to the product user strategy, this strategy attempts to easily
recognize and remember the products we are offering to the buyers minds which is pandan
gulaman juice. This strategy will be used to get the interest of the target market who are the kids
and adults in the barangay by using their wants and demands like loving food with twist which
are totally picture perfect for them.
6. PRODUCT MIX
PACKAGING
The products of Juice Follow your Heart business will use medium size cup for
packaging. Those cups will be desined based on the logo and brand of the business. It will be
given together with a straw so the cutomers can easily sip the juice on their comfortness.
Through this, the target costumer will be more attracted not only because of the product but
because of the way it was presented.
LABELLING
The logo of the product is smaller than the size of the cup and it will be placed at the
center with a design plus the name of the customer to be written on the side of the cup.
The logo was designed according to what is being offered by the business with a very
instagrammable features that customers will definitely love.
7. PRICING DESCRIPTION
Considering the availability and affordability of costumers to buy products, the proponents
use odd pricing to be unique in pricing strategy. The shake will cost ₱20 and will be offered in
one cup size which is the medium size.
The “Juice Follow Your Heart” proponents are going to promote their business through
advertising promos, flyers and pomotions. The promos indicate the add ons which is the slice of
apple, the flyers and promotions contain the brand name and brand logo with an appropriate
design and colors that will surely catch the costumers’ attention.
9. DISTRIBUTION CHANNEL
The proponents of “Juice Follow Your Heart” are going to use a zero level of distribution
channel. The offered product which is the pandan juice, will be made by the raw ingredients
from the local store and then combine and blend it to sell directly to the consumers which are
the drinks lovers in Barangay Bagong Buhay.
The business offer a beverage product with only one flavor made by the combination of
pandan and gulaman. The product requires minimum number of ingredients and materials to be
able to produce.
The “Juice Follow Your Heart” product will get raw ingredients and materials from
groceries.
Apple
Water
Sugar
Condensed Milk
Cups and straws - raw materials
ingredients and materials needed to come up with the new product to be offered by the
business called “Juice Follow Your Heart”. The entrepreneurs will purchase/buy their raw
ingredients and materials once a week for the whole operation of the business venture.
Days of production 1
SALES PROJECTION 2
Days of production 1
L
Sales price per pieces ₱ 20.00
V. PRODUCTION PLAN
1. PRODUCT SPECIFICATION
The product of Juice Follow Your Heart is a Apple juice which will have add ons such as
gulaman. Stickers will be placed on the cup of the product. Direct selling will be use by the
business to built a good communication and observation to the target costumer.
2. PRODUCTION PROCESS
(Apple powdered flavor, apple , Sugar, Condensed Milk, cups and straws) from
the groceries and super market stores. ( 2 hours)
Actual Operation
The “Juice Follow Your Heart” willl do the operation on the actual setting of the
business where customers will order and then the operations starts.
4. Production Cost
Total: ₱ 526.00
1. FINANCIAL ASSUMPTION
Estimated Projected
Cost
Cost (1 Amount
Variable Cost price per Unit Quantity (1 day) day) (1 day)
Apple Juice 20.00 100 20.00 2000.00
Total: 2000.00
Total: 2750.00
Total Estimated
Projected Cost 4750.00
PROCESS OF PAYMENT
Our clients will pay our product only through cash payments. Consequently, we will need
to regularly bank our cash and avoid storing large amounts of money to reduce the risk of theft.
Petty cash fund is intended for small, incidental purchases. In our business, each
member will give Php 500.00 for petty cash fund.
During work hours, all cash should be securely stored in a locked cash register, drawer
or similar with access restricted to authorized cash handling staff. For staff security. During
business hours, cash should be securely stored in a locked cash register, drawer or similar,
should be monitored.
2. INVESTMENT ACTIVITIES
To gather investments, the only possible investor of the business Juice Follow Your
Heart are the proponents itself. Except of the per capita contribution, proponents will be willingly
provide another contribution in order to get larger amount of money that encircles the financial
needs of the businness.
3. Estimated projected
cost
Cost (1 Amount
Variable Cost price per Unit Quantity (1 day) day) (1 day)
Member
Randy Marcos 1 500.00
Pablo Agapito 2 500.00
1000.00
4. CAPITAL INFORMATION
6.DIRECT MATERIAL
7. DIRECT LABOR
8. FACTORY OVERHEAD
9. ESTIMATED INCOME
Sales Revenue
2000.00 1800.00
Sales 5000.00
Cost of goods Sold 906.00
4094.00
Fixed Cost 3300.00
Net Income 794.00
ASSET
Cash 1,000
Owner's Equity
1,794
Group Individual
Initial Investment 1000 125
Net Income 794.00 99.25
Total: 1794.00 224,25
VII. APPENDICES
Nowadays, people are easily influenced by what is to be most loved by other people,
what’s on the trend and what’s new for today’s era. They love twists and combinations of
different colors which they see and called as instragrammable one. Some of them prefer
normal juice but many are into something new. Their lack of interest on other drinks will surely
make this pandan gulaman juice blow away the competition in food industry.
Students like buying drinks not only those with delicious taste but those which really
catches their eyes and attention. At this age, they feel happy and satisfied to have two birds in
one stone and this is what pandan gulaman juice offers for them.
In this era, the youths called Millenials loved food not only to satisfy their hunger and
taste buds but because of their ineterest on new and unique ones. Pandan gulaman juice which
obviously composed of pandan flavor and gulaman is one of the drink that really meets the
customers like for distinct.
The problems continuously and presently hindering the cycle and production of the
markets’ daily life and having a list of the markets’ interest refreshing drinks which became
trend during this month is also featured on screen because a lot of people became addictly
attracted with this product.
The cost of pandan really hurts the pockets of customers which made them crave more
on this because most, if not all of them can’t really afford to buy the product. But, to afford to
drink pandan with a twist, pandan gulaman juice enters the market as of today.
II.I.MARKET
MARKETPROBLEM/
RESEARCHNEED
Pandan gulaman juice is not that well-known product. People love the taste as this
product was being made in restaurants. As Philippines is a tropical country, summer is really the
best season to have this kind of refreshment. Many good feedbacks were received by this
product
APPLE as VERY
JUICE, its price is worth to buy because of the satisfaction it gives to its customers. Most
DELICIOUS,
importantly, it meets the needs, wants and demands of its customers.
JUICE FOLLOW YOUR HEART- APPLE JUICE
Summer is coming. Hot weather and sunny seasons are on their way to heat up our
body. And people really need some thirst-quenching drinks for their refreshments. Something
that’s healthy, yummy yet cheap drink for their dried throats. This product can really help people
to satisfy their need which is the drink itself and their wants of twisted and combined products in
one.
____________________________________________________________________________
Competitors of the business that will be in lined with food business and will offer food
and beverages are the following:
zestea (Trining’s Sari-Sari Store)
___________________________________________________________________________
Economic- because of the economic factor, the services can get more customers
according to status on the rising occasions from different barangay event or even different
barangay fetivities and from the market personalizes desires. This may result for development
of economic neediness. The budget of the target market can also affect the services. Due to the
minimum number of chosen market area their financial factors will affect the both the market
and services.
Social- markets are known for their wide pursuing on high quality and trusted service
from a subjection marketing. The events from different barangay happened around the vicinity
of Barangay Bagong Buhay which can affect both market services.
Legal- licenses and permits and must by consistent with up the services category.
Regardless of registering it must be familiarizing with the business permit and license that
should secure to prevent future loss.
Below are the essential business permits and licenses that required to commerce a business
also to achieve the reliance of market:
Curriculum Vitae
Personal Data
Educational Background
Name of School
Membership Club/Organization:
None
Awards/Recognition Received:
None