Entrep Part 1

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 7

GROUP #: 1 BSA-2G

LEADER: BARROS, APPLE GRACE DECEMBER 26, 2020


MEMBERS:
BACULANTA, HAZEL
ACOSTA, LEONILYN
ARANCES, PEARL FAYE
AYUHAN, AL FRANCIS
BASADRE, JOHN ROGER
BASCO, REYMARK
BULILAN, JUBEL
A. Introduction

The FFK (Fit for a King) Home-Style Snack-Inn will be located near the USTP

campus at Poblacion, Claveria Misamis Oriental, owned by eight (8) Agriculturist aim to

compete with snack-inns nationwide.

These are several personnel: Restaurant manager for managing the snack Hauz,

customer service help customers with complaints and question, information technologist

for software development and database administration, and finance manager to review

financial reports, monitor accounts, and preparing activity reports and financial forecast.

The business ability to produce what is expected from it is far more difficult to do

than said. Its multi-faceted nature can be enormously tedious to the proprietor especially

when dealing with financials and customers specifically when it comes to the business’

ability to reach its market, to maintain a healthy economic status by ensuring acceptable

profitability, and to measure acceptability of the product which in one way or another a

gauge the business performance.

In gauging the business’ marketability, the ease to access the product and services

shall be assessed to for it implies the sustainability of the business operation especially

that it covers how customers view the product, services and target market. Coupled with

the effectiveness of marketability is how preferred products are by the consumers. Data to

evaluate the acceptability of the product are also of use to continually increase the quality

of product in accordance to the target markets’ preferences. All of these are done to

address the challenge of each business is facing, a cut-throat competition. Eventually if

managed well, profitability can become evident. Since net profit alone is not the sole tool
to measure the health of the business, other profitability tools shall be used to holistically

measure and evaluate whole operation of the business.

Fries Roll is determined to become a daily necessity for fries’ addict. Fries roll

will provide a combination of excellent food at value pricing. It is the answer to an

increasing demand for snack type fast food, that consume while walking around or while

listening to class discussion. The main priority is to establish one outlet in USTP-Claveria

Campus preferably within a campus. Later, our effort will be a further development of

more outlets in the other possible areas.

FFK product is a locally owned fast-food hauz outlet that will be positioned as an

international franchise through the creative approach to the company’s image and

detailed presentation. FFK will provide a combination of excellent food and with fun

packaging and atmospheric environment. It is the answer to the increasing demand of

snack type fast food. FFK Fries will entice youngster to bring their friends and family

with the innovative environment, fresh – cut fries roll and a selection of unique signature

dipping sauces.

Objectives

 To satisfy the customer needs in fries’ product.

 To make fries roll a best seller snack.

 Maintain a high standard of food quality and service.

Mission

To be one of the successful entrepreneurs, starting with one retail outlet

located inside the USTP Campus as a market tester. Focus with serving high

quality food at a great value.


Vision

Nationally recognized fast food product in the country and be a leader in

innovation, service and quality. Established and trusted as the perfect fries roll

business collaborate and be among the most admired and respected companies in

the industry.

Key to Success

 Affordable Price

 Create a unique, innovative, amusing product that will differentiate us from the

rest of the competitor.

 Provide 100% satisfaction to our customers.

B. Company Background

Fries roll sells with a choice of flavor. This product was wholly owned and

operated by eight (8) students. The potato roll will serve a variety of classic flavor from

Goya syrup and cheese to Barbeque and standard flavor. The potato roll will be available

anytime as long as the production of the product is continuous.

The product owned by Apple Grace Barros, Hazel Baculanta, Leonilyn Acosta,

Pearl Faye Arances, Al Francis Ayuhan, John Roger Basadre, Reymark Basco and Jubel

Bulilan. They began their carrier at the age of 19, innovated a product which gives them a

high market demand in the locality. They are the young of USTP- Claveria Campus

which has the goal to be successful somebody through their innovated product which is

potato roll.
B.1. Projects Proponents

The projects proponents contain the sharing or percentage of ownership in FFK Hauz.

Table 1. Project Proponents

NAMES COURSE NATIONALITY ADDRESS OWNERSHIP (%)


Barros, Apple BSA Filipino Claveria, Misamis 25%
Grace D. Oriental
Baculanta, BSA Filipino Claveria, Misamis 15%
Hazel T. Oriental
Acosta, BSA Filipino Salay, Misamis 10%
Leonilyn C. Oriental
Arances, Pearl BSA Filipino Talisayan, 10%
Faye A. Misamis Oriental
Ayuhan, Al BSA Filipino Libona, Bukidnon 10%
Francis C.
Basadre, John BSA Filipino Lagonglong, 10%
Roger T. Misamis Oriental
Basco, BSA Filipino Malitbog, 10%
Reymark S. Bukidnon
Bulilan, Jubel BSA Filipino Kitaotao, 10%
D. Bukidnon

B.2 Proposed Name of Business

Fit for A King

The proposed name of business comes from the idea of proponents which is the

other term of “YUMMY” since that the proponents offered yummy and tasty products so

the proponents find words that is fit to describe yummy products also it’s not just yummy

but at affordable price and healthier one.

B.3 Form of Business Organization

The organization is general partnership but the proponents did not have equal

share of investments. Proponent Apple Grace Barros has the highest equal share of
ownership that has 25% and proponent Hazel Baculanta has 15% whereas proponents;

Leonilyn Acosta, Pearl Faye Arances, Al Francis Ayuhan, John Roger Basadre, Reymark

Basco and Jubel Bulilan has an equal share of ownership that is 10%. The proponents

choose partnership for it is relatively easy to established and funds may be increased

more than a year and cost efficient.

C. Location of the Business

The business intends to venture into a healthier snack, the business will be located

at USTP – Claveria Campus. It aims is to sell fries roll to the customers in the college or

around the locality.


Location Map

FIT FOR A KING


HAUZ
AUDITORIUM

RETAILER
COCA- COLA
HOUSE

STORE

SARI-
SARI
USTP-CLAVERIA

TENNIS COURT

COMP.
SHOP
BUILDING
ADMIN

Figure 1. Geographical Map

Fries roll locations will range in size from 50-70-meter square and will seat from 15-25

guests. Our first location will be on the larger end of this range. The location will feature

its own originality in merchandise display and other brand building attributes. We will

equip the outlet with modern furniture and aim for cleanliness and an open feeling.

You might also like