Festive Foods Chapter 1 7 Final
Festive Foods Chapter 1 7 Final
Festive Foods Chapter 1 7 Final
Introduction
owned and managed by the researcher; Rica Mae C. Erfilua a resident of Mangaldan,
Pangasinan. It is a sole proprietorship type of business entity who is run and owned by
one person.The business started with an initial capital of P6,769,500. The staffs and
crew are dress with Camisa de chino for boys and kimona’t saya for girls.
nature, cultural struggle, Friends and enemies, religion, it is about memory and
tradition. Some may choose to eat meat rather than vegetables, others may be in to
salty while other are into sweets, others may likely have their meals at home or
sometimes in food establishment like restaurants or fast Foods, also some vary their
foods base on their diet. People may have their own reason about choosing their food,
there is a long tradition of research into consumers food perception as people growing
their perception in to changes. Just like this “Festive Foods” which are common sees
when occasionally happen. Mostly people will cook for their love one's, friends and
visitors, colleagues and acquaintance just to show their hospitality and their own
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Festive Foods such as adobo is a one of the Filipino dishes which many Filipino's
have their own variety or version of this dish which is necessary for their own and their
family or friends taste. We have Like the rest of the world, food is a big part of the
festivities. From rich desserts to the Filipino version of roast turkey, here are eight
christmas foods that you’ll only find in Filipino festive foods. Lechon is best enjoyed by
dipping the slices in a classic pinoy sauce such as the pinakurat spiced vinegar. Lechon is
essentially a whole pig roasted over charcoal. Juicy on the inside and crispy on the
outside, one bite is enough for you to get why Anthony Bourdain hailed it as the “best
pork dish ever”. Bibingka is commonly sold by street vendors during the dawn Masses of
the Christmas season. Bibingka is a sweet glutinous rice cake made of coconut cream,
sugar and ground rice baked in a clay pot lined with leaves. It’s topped with shredded
coconut, butter and brown sugar before serving. Pinoy-style spaghetti is a dish that
features banana ketchup, a popular condiment in the Philippines made from banana,
sugar, vinegar and spices. Pancit Malabon noodles are said to represent “long life”.
What sets it apart from the classic flan recipe is the inclusion of sweetened condensed
milk. Evaporated milk is sometimes added for a richer taste. This custard dessert is the
perfect way to end your christmas feast on a sweet note. Made of just sugar, fresh milk,
condensed milk and egg yolk, Leche flan is usually served at fiestas and other special
occasions. The glutinous rice used to make puto bumbong is called pirurutong, which is
deep purple to almost black in colour. This purple-hued dessert is a mix of glutinous rice,
coconut milk and sugar poured into a bamboo tube and then steamed, and it’s served
hot with grated coconut, butter and sugar. Lumpiang ubod fillings include julienned
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heart of palm, which is “ubod” in Tagalog. One of the healthier options when it comes to
Christmas food, lumpiang ubod is a fresh spring roll dish packed with a medley of
vegetables, coconut, shrimp and pork mixed with a vinegar-based sauce. Therefore, all
that ingredients that is needed will be added to their recipe and it will be the most
In order for us to cook it do join the festive foods, we'll need to enhance how
we can cook the best as we can to be able to prepare it without food poison problem.
In addition many Filipino Festive foods we'll People will like it because of its different
tasted and how they cook it, Festive Foods can be Seen when it's season some may
cooked it and try to sell it to the others. In conclusion, festive foods is how Filipino's
show their hearts for the people who loved them the most and in order for us to be
able to cook we must be willing to do it and cook it. The traditional and real Filipino
food came from the adaptation of many Countries just like Chinese food and
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Statement of the Objectives
Objective:
Our main goal is to serve and promote our very own affordable and tasty Filipino
foods/dishes.
Our Mission:
To provide delicious, fresh, homey foods at reasonable and affordable prices that
Our Vision:
a unique and tasty foods and to reawaken the classic Filipino culture.
Specifically, the development plan focused on the four internal aspects of the
a. Marketing Aspect
b. Management Aspect
c. Technical Aspect
d. Financial Aspect
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Paradigm of the Study
goals and objectives. In order for Festive Foods to function properly and be a trend, it is
necessary to develop and improve its system in the different internal aspects of the
business such as marketing aspect, management aspect, cultural aspect and financial
aspect.
Marketing Aspect
Technical Aspect
This study focus on Filipino style restaurant that contains only Filipino foods and
drinks/beverages such as coke/soda, pure coconut juice, gulaman, etc. This study does
not contain non-Filipino food. Delimitation of the study are none Filipino theme styled
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Significance of the Study
The study of “Festive foods” can be a guide to the owners of the business to
know if the business is growing or not. The business goal is to satisfy the cravings of the
people who are craving and love to eat Filipino foods. This goal can be achieved through
the help of the people who will be hired. The festive foods will be a big help to the
Future researchers-
This study will provide baseline data needed for future researchers and studies
Business man
This study will guide business man of what business opportunity they are going
to engage.
Clients/customer –
Community
This will give suggestions on how to improve the performance of the business
which in turn may result to opening up of job opportunities for the people.
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Government
This will generate employments and revenues from taxes that shall be paid and
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Definitions of Terms
The following are the operational definition of the terms used in the study.
Affordable - the price is low enough that you (or most people) have enough money to
buy it. If you can afford something, you have enough money to pay for it.
Customers - refers to a group of people to whom a company wants to sell its products
Filipino food - defines of its unique taste such as salty, sour, masarsa (saucy), strong in
Profit - a financial gain, especially the difference between the amount earned and the
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Promotional Resources - Promotional materials are used to make a business stand out
from its competitors and to engage the target audience. While promo materials can
come in a variety of mediums, they usually contain the business logo and can be directly
Single Proprietorship type of business entity who is run and owned by one person.
Time Management - the ability to use one's time effectively or productively, especially
at work.
Wages - a fixed regular payment, typically paid on a daily or weekly basis, made by an
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Chapter 2
BUSINESS DESCRIPTION
The festive foods was named by the owner that was inspired by the Filipino
culture called festival. It was named “Festive foods” because in every festival, festive
foods were served and it also symbolizes the love for the Filipino culture. The name of
the business gives a conviction to the customers to reminisce the culture of our country.
The logo represents the festival culture of our country. The logo emphasizes
some famous classic Filipino foods. The bandiritas and the sun was inspired by our
country's flag to promote the Filipino culture. The shape of the logo is parallelogram
because it resembles to the store’s layout and the green background represents the
nature of the food place. The chef with a two cooking utensils represents the Filipino
way of cooking.
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LOCATION OF THE BUSINESS
beside Rural Bank of Mangaldan. The location was chosen due to its accessibility to the
government offices, schools, public market, town plaza and church because these are
attractive places for target costumers; high visibility so that the public can easily notice;
proximity to the central business of the Municipality where most transactions are done.
The municipality of Mangaldan was chosen as the location because it is one of the
progressive business centers and the central part among the municipalities in the fourth
district of Pangasinan.
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VICINITY MAP
Rizal Avenue
Santo
Santo Thomas deTomas
Catholic
Aquino Parish School
Church
Mangaldan
Rizal Avenue Town Plaza
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STORE LAY-OUT
The Festive Food restaurant is 21.5 meters in length x 10 meters in width which
is equivalent to 215 square meters. The grounds floor of the restaurant contains dining
area, counter/cashier, kitchen, and the comfort room. While in the 1 st floor contains
dining hut areas, simple Filipino sculptures/arts, and the comfort room. There are six,
BUSINESS DESCRIPTION
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The festive foods is a food place where you can taste some classic Filipino foods.
Foods are generally served and eaten on the premises, but we also offer take-out. We
also provide quality and classic foods that will satisfy your cravings. The store is a
picture-perfect spot with some museum vibes in the first floor and traditional vibes in
SERVICE DISCRIPTION
MENU
Item
No. Meals Description Sellig Price
1 Bulalo P 150.00
2 Pinapaitang Kambing 150.00
3 Nilagang Baka 150.00
4 Sinigang na Baboy 150.00
5 Kalderetang Kambing 150.00
6 Pigar-Pigar 250.00
7 Lechon Paksiw 180.00
8 Fried Chicken (bucket) 300.00
9 Crispy Pata 250.00
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10 Grilled Bangus 90.00
11 Steam Pusit 150.00
12 Spaghetti (Filipino Version) 150.00
13 Carbonara (Filipino Version) 120.00
14 Pancit Malabon 120.00
15 Pancit Palabok 150.00
16 Plain Rice (Single Order) 25.00
17 Platter Plain Rice 150.00
18 Garlic Rice (Single Order) 25.00
19 Platter Garlic Rice 150.00
DESSERTS
20 Bibingka 50.00
21 Leche Flan 50.00
22 Puto Bombong 50.00
23 Bilo-Bilo 30.00
24 Halo-Halo(Special) 50.00
DRINKS
25 Softdrinks (1.5l) 60.00
26 Softdrinks (300ML) 15.00
27 Gulaman (Family size) 60.00
28 Iced Tea (Family Size) 75.00
29 Pineapple Juice Drink (Family Size) 75.00
Table 2.1 Service Offered
LONG-RANGE OBJECTIVES
Improve customer service and decorations that will satisfy the customers
NATURE OF BUSINESS
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Festive foods offer different Filipino foods to anyone including Filipinos and
business. These are the chef, waiters, cleaners, food servers, and accountants. It is a
restaurant that offers Filipino foods. They serve varieties of Filipino dish and serves food
which is not only delicious but also nutritious. There main goal is to satisfied the cravings
of the customers so they can go back and recommend the restaurant to their family and
friends. The restaurant's atmospheres are clean, neat and have a unique design of
Filipino Culture. The management always check whether the business is growing or not
Chapter 3
MARKETING ASPECT
The marketing aspect fills in as the reason for the advocates to have an
marketing plans and strategies that will give satisfaction and good ratings to the target
customers.
Customer Care
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This marketing plan objective is to improve customer satisfaction. With this
marketing plan objective we might train our stuff to how provide a better or best service
In this marketing plan objective is to determine or find out the financial target. In
this marketing plan objective might lead the marketing plan to succeed if it has a
measurable target. In this marketing objective plan the restaurant will be profitable and
have clearly outlined financial target broken into weekly, monthly, and annual amounts.
Also in this marketing plan objective restaurant management will be succeed with week
over week target, and achieved by reducing costs while growing profits.
This is when you already have a loyal customer but you want to reach new
customers and expand out. While targeting new customers, focus also on keeping the
When adding a new recipe in the menu, marketing plan objectives includes
promoting new services or recipe. Offering, promoting or introducing the new services
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Demand Analysis
The data analyzes the satisfaction or not satisfaction of a person on the staff,
background or design of the restaurant, the price of a meal, the quality of meals and the
food place. As depicted in the following graph, 79% are satisfied with the restaurant and
21% are unsatisfied with the restaurant. The pie graph shown below is the result of the
survey of respondents who are satisfied and unsatisfied about the restaurant:
21%
Chart Title
79%
Satisfied Unsatisfied
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Demand and Supply Analysis
Demand and supply analysis is the investigation of how purchasers and dealers
communicate to decide exchange costs and amounts. The number of the supply of a
specific service is based on the number of the current demand. When the demand
changed, the market share will be affected. The number of suppliers or competitors is
one of the factors that will affect the supply. The evolving numbers of competitors who
offer the same services will lead your business to lose some of its customers.
There are currently few competitors offering similar services like Festive foods.
Our services need to execute unique strategies and offer affordable prices to stand-out
among the other businesses. The “Festive Foods” should provide quality over quantity
Historical Data
provisions a large portion of the food devoured by the world's population. The term
change, readiness, conservation and bundling of groceries. The food business today has
gotten profoundly expanded, with assembling going from little; customary, family-run
exercises that are exceptionally work serious, to huge, capital-escalated and profoundly
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Mangaldan was really amazing, from simple and basic recipes to artful ones. Before,
there was only fastfood restaurants like Jollibee and Chowking. In 2016, the famous
Mang Inasal also franchised in Mangaldan. Some restaurants were also built in the past
Food businesses are very important nowadays because we need food to survive
every day. The food business has a preferred position over different organizations; we as
a whole need to eat! We additionally have various tastes and wants in our weight
control plans which permit very "specialty" based food items to succeed.
Demand impacts the prices of consumer goods and services within the economy.
Demand also improves profits. Examining this factors that affect the demand is really
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a. Consumers' preferences and taste
This determines the demand depends on trend for now. When something is out
of the trend or people's taste or preference are no longer favorable for them it can
affect the demand. It shows that if people have a new taste for the food there is a huge
possibility that they find something that can satisfied their new craving.
Festive Food provides an all-time favorite Filipino foods that are always on the
table during and especially when there is an occasion. Festive Food also adds some new
Time is gold. Profit also depends on how long will the customer wait for a
service. Customers are waiting for too long to take their order and just initially sit down,
Festive Food provides enough staff on hand to take care the customer.
c. Portion Control
Consistency is the key. Customers will be confused if the same food they order
last week has a different portion now. Having a consistency in the portion can control
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Festive Food weighs and measures the portion so they remain the same from
Marketing Strategies
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Creating Website
Promoting Services
Quality on food serve
The Venue
Hospitality
Accommodation of Guest
Marketing Program
Product/Services
The Festive foods offer variety of Filipino foods that will really satisfy the
customer’s cravings. In terms of service, festive foods offer a very competitive and
quality service that will make the customers go back because of the product and
services.
Price
The Filipino foods in Festive food are not too expensive. They believe that their
foods are very worth it to buy because it will satisfy their craving and will make them
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Promotion
Festive foods owners will be using tarpaulin that includes the name of the
business, services offered, location and contact number. Flyers and leaflets to inform
the public about their business and the service they provide and List of menus, that
include the different Filipino foods they offer and the prices.
Place
Festive foods have Filipino vibe place who show case the Filipino tradition and
culture that will make everyone feel the culture of the Philippines. The place is also
SWOT Analysis
Strengths
- Affordable price
Weaknesses
- Small capacity
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Opportunities
Threats
Every business has that of uniqueness. Our place where our business is located
or will be stablished, recipe of our dishes and of course unique service of ours and not
but not the least our very affordable price where the costumer always go back in our
restaurant.
Festive foods are just first time business owners. So we might not be a veteran in
business but we assure you that are business will grow because of our uniqueness of
Our business can help other Filipino who doesn`t have job or they can`t provide
much of their family because of poverty. We can also introduce to everyone that the
Filipino dishes are delicious and affordable that will enjoyed by both Filipinos and
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Our business have a lot of competitors here in the municipality of Mangaldan, as
far as we know we are beginner in doing business but it doesn`t mean we cannot
succeed in business industries. We will prove to our competitors that we will do the best
to match them in the popularity and because of our unique business and services
people will love our business and they will come back to us but with more costumers.
Chapter 4
MANAGEMENT ASPECT
and how your business ownership is organized when creating a business plan. Not only
does this segment explain who's on the management team, also how the skill set of
group of workers should have the best management. Soon, as a businessman and a
boss, I can definitely inspire my workers. Because having good leadership begins with a
Management Objectives
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To be successful in running the business and to be able to comply with
The general Manager are responsible for hiring applicants and training new hires, in
marketing and community outreach strategies, They may also help to set menu prices
and purchase supplies. Assistant managers are essential for every busy restaurant,
Second in command, Assist the manager with training duties, Help to fix schedule, The
one who will fill in if the manager has the day off. kitchen managers are responsible for
hiring and firing employees, Responsible in buying supplies and ingredients and ensuring
responsible for one or multiple areas of the kitchen, must able to cook food in time.
They must be able to work quickly and competently, as well as prepare several orders at
once. Cashiers must accurately record a customer’s order, handle cash to process the
transaction. Cashiers must be able to listen when customers have problems or concerns
with their orders and respond to their questions appropriately. Service crew serves the
Responsible for clearing and cleaning tables to prepare for the next customer.
Dishwasher must keep the kitchen clean and clear of garbage and hazardous clutter,
making sure that the dishware are clean and spotless, essential member of a restaurant
staff. Janitor keeping the Restaurant clean and tidy and essential member of a
restaurant staff.
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Proposed Organizational Chart
General
Manager
Assistant Kitchen
Manager Manager
Cook
The table above shows the projected monthly salaries of all the workers of
Festive Foods. The three managers has the highest salary followed by the cook,cashier
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and service crew. The dishwasher and the cook has the lowest salary. Their salary
increased by 5% annually.
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Table 4.2 Schedule of Projected Monthly SSS Premiums
The table shows above is the projected monthly SSS Premiums of the workers of
Festive Foods that will pay a total of P660.00 every month and with the total of
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Table 4.3 Schedule of Projected Monthly PhilHealth Premiums
The table shows above is the projected monthly PhilHealth Premiums of the
workers of Festive Foods that will pay a total of P350.00 every month and with the total
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The table shows above is the projected monthly Pag-ibig Premiums of the
workers of Festive Foods that will pay a total of P200.00 every month and with the total
Management Policies
4. The break is depending on how busy the restaurant is.If business was slow,
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7. Overtime will be required if necessary. overtime pay will be settled in
10. The employees as mandated at the law will be given SSS,pag-ibig and
PhilHealth benefits.
Job Description
General Manager
• The general Manager are responsible for hiring applicants and training new
hires.
• They may also help to set menu prices and purchase supplies.
Assistant Manager
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• Second in command
• The one who will fill in if the manager has the day off.
Kitchen Manager
Cook
•They must be able to work quickly and competently, as well as prepare several
orders at once.
Cashier
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•Cashiers must be able to listen when customers have problems or concerns
Service crew
•Responsible for clearing and cleaning tables to prepare for the next customer.
Dishwasher
•Dishwasher must keep the kitchen clean and clear of garbage and hazardous
clutter.
Janitor
applicants.
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We are hiring:
General Manager
•Male or female
Assistant manager
Kitchen Manager
•Highly organized
•Management skills
Cook
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•Works well with others
Cashier
•Listening skills
Service crew
•Excellent memory
Dishwasher
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Janitor
• Highly organized
• Patient
applicants.
• Initial screening
• Interview
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Systematic Service Process
Purchase by Condition:
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Purchasing Contract
Planned Purchasing
Step 1. Purchase by Condition. Purchase goods only when necessary and in the quantity
required. It applies to the procurement of emergency supplies, on the other hand. Such
items are not kept in the shop. The buying department must be aware of the
Step 2. Purchasing High Quality. Choosing high-quality pieces that can be used at their
full efficiency means their reliability and a decreased chance of having to be replaced.
Quality ingredients/goods mean that you save on expenses. Other lower quality
Step 3. Purchase for a Particular Date. Buying goods that are constantly required. These
products are needed in limited quantities and there are negligible chances of price
fluctuations. The requirements are determined for a given period and the transactions
are made accordingly. Requirements for such purchases may be calculated on the basis
of previous experience, the time during which supplies are necessary, inventory costs,
etc.
and delivery is taken in the future. Even if the goods are procured in the future, at the
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time of the deal, the price and other terms and conditions are set. This method can be
Step 5. Planned Purchasing. The vendors are given a potential time schedule for
material demands so that they are in a position to organize them in time. A reliable
service, low prices, quality goods, etc. are the main goals of this method.
Preparing Needs
Step 1. Preparing Needs. Preparing needs like the things will use in cooking and
where you place the food after cooking. Prepare also the ingredients of the food.
Step 2. Cooking the Food. The cooker will cook the food perfectly with a
Step3. Place the Food Nicely. Place the food nicely so that the customers amaze
Server It
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Figure 4.4 Serving the Food Flow Chart
Step 1. Take the order. The waiter must get the food safely so that the food will
Step 2. Greet the Customer with smile. Greet the customer with smile so that
Step 3. Serve it nicely and say “thank you, have a good meal”. Say “thank you,
have a good meal” so that they will eat their meals with a positive
emotion/expression.
Chapter 5
TECHNICAL ASPECT
The Festive foods wants to showcase their food place by making it organized and
presentable. The features of the food place will attract and encourage customers to
come inside and try the products. As a business owner it is important to have a
comfortable and good ambiance inside the food place. A good-looking shop will leave a
great impression to the customers and will surely provide a good quality services.
Festive foods must maintain its cleanliness and good quality service so that the
customers will be satisfied. Having a good foundation will secure a good future for the
foodplace.
Technical Objectives
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To provide comfort and good quality service which will bring joy and satisfaction
beside Rural Bank of Mangaldan. The location was chosen due to its accessibility to the
government offices, schools, public market, town plaza and church because these are
attractive places for target costumers; high visibility so that the public can easily notice;
proximity to the central business of the Municipality where most transactions are done.
progressive business centers and the central part among the municipalities in the fourth
Vicinity Map
Rizal Avenue
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Binalonan - Dagupan Hwy
Mangaldan
Rizal Avenue Town Plaza
Since Festive foods is a long term business , we proposed that it will need
an expansion and renovation after years of service in order to maintain and attract more
customers. The lot area will be increased and more features will be added to preserve
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Figure 5.2 Layout of Festive Food
The Festive Food restaurant is 21.5 meters in length x 10 meters in width which
is equivalent to 215 square meters. The grounds floor of the restaurant contains dining
area, counter/cashier, kitchen, and the comfort room. While in the 1 st floor contains
dining hut areas, simple Filipino sculptures/arts, and the comfort room. There are six,
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Kitchen Equipments 42,500.00 13,000.00 10,000.00
TOTAL P 150,500.00 21,000.00 25,000.00
Table 5.1 Comparative Schedule of Property, Plant, and Equipment For The Years
2021-2023
The table above shows the amount of Property, Plant and Equipment from 2021-
2023. In 2021, the total amount of Property, Plant and Equipment is P150,500. In 2022
there are just little additional to the building improvement and Kitchen Equipments. In
2023 there are more additional to the building improvement, Kitchen Equipments and
you bought for your business. But instead of doing it all in one tax year, you write off
parts of it over time. When you depreciate assets, you can plan how much money is
written off each year, giving you more control over your finances.
There are Four main factors that affect the calculation of Depreciation expense.
recover, less disposal cost, on the date the asset is scrapped, sold or traded
c) Estimated useful life – the length of time, typically in years, that an asset is
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Depreciation Method to be used
Straight Line Depreciation has been the most used Depreciation method. If we
Estimated life
Schedule of Depreciation
Property, Plant and Equipment
For the year 2021
The table above shows the depreciation of Property, Plant and Equipment for
the year 2021. To solve the depreciation you need to divide the cost by the useful life.
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Schedule of Depreciation
Property, Plant and Equipment
For the year 2022
The table above shows the depreciation of Property, Plant and Equipment for
the year 2022. To solve the depreciation you need to divide the cost by the useful life.
Schedule of Depreciation
Property, Plant and Equipment
For the year 2023
The table above shows the depreciation of Property, Plant and Equipment for
the year 2023. To solve the depreciation you need to divide the cost by the useful life.
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Chapter 6
FINANCIAL ASPECT
whether the project would be successful even with current rivals and adverse economic
conditions, and provides detailed statistics demonstrating the change in the financial
Financial Objective
To assess the company's potential to earn revenues, retain market adversity and
the capacity to develop and extend over the next three years after a few years of
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Mode of Financing
Comprehensive Income and Statements of Cash Flows for the years 2021 to 2023, the
5 years hereafter, the business will put another branches in other nearby towns
and cities.
The initial contribution to cover all the project's costs was P3,111,800, which
Particulars P Amount
Cash on hand and in Bank 1,000,000.00
Permit and Licenses 8,300.00
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Miscellaneous Expenses 4,500.00
Store Rental (3 months) 10,500.00
Building Improvement 20,000.00
Furniture and Fixture 25,000.00
Ventillation 15,000.00
Kitchen Equipments 27,000.00
Transportation Fees 1,500.00
Product Supplies 5,632,200.00
6,744,000.00
TOTAL P
Table 6.1 Schedule of Initial Investment Cost
Additional Investment
Particulars P Amount
Cash on hand and in Bank 1,000,000.00
Building Improvement 10,000.00
Furniture and Fixture 10,000.00
Business Computer 20,000.00
Kitchen Equipments 15,500.00
Product Supplies 2,000,000.00
TOTAL P 3,055,500.00
Table 6.2 Schedule of Additional Investment Cost
Additional Investment
Payback Period =
Net income
3,055,500
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1,391,938.80
=
= 2.20 years
This indicates that the sum of additional investment will be repaid within 2years
and almost 3 months of the business.
Item Sellig
No. Menu Quantity Price Monthly
54
150.00 45,000.00
The table presents the Projected Monthly Schedule of Gross Receipt for 2021
and tallied with 325 total number of orders. It shows the base rate of cash flow
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throughout a month in the year and the form issued or managed to accumulate, such as
Item Sellig
No. Menu Quantity Price Monthly Anually
56
Version)
Carbonara
(Filipino
13 Version) 5 120.00 18,000.00 216,000.00
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The table itself is the Festive Foods Projected Sales in year 2021 that shows the
breakdown of the total sale with an amount of P9,531,000.00 . Meals descriptions are
the products offered. Moreover, basis of the outcomes in the table above are data
collected from the result in the previous table, Projected One Month Schedule of Gross
Receipts in 2021.
Ite
m
No. Menu Quantity Sellig Price Monthly
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54,000.00
Carbonara (Filipino
13 Version) 6 120.00 21,600.00
The table presents a month gross receipt of the second year operation of Festive
Foods and tallied with 390 number of orders. It shows the base rate of cash flow
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throughout a month in the year 2022 and the form issued or managed to accumulate,
Ite
m Sellig
No. Menu Quantity Price Monthly Anually
60
Version) 150.00 54,000.00 648,000.00
Carbonara (Filipino
13 Version) 6 120.00 21,600.00 259,200.00
The table illustrates the breakdown of the business projected sales in year 2022
which is P11,437,200.00 . It is clear that there is an 20% increase of sales and profit
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over a year. From 2021 onwards, the gross receipt of 2022 shows a significant growth of
the business. Also, the collected data used in the table is based from the outcomes of
Item Sellig
No. Menu Quantity Price Monthly
62
120.00 32,400.00
The table presents a month gross receipt of the second year operation of Festive
Foods and tallied with 585 number of orders. It shows the base rate of cash flow
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throughout a month in the year 2023 and the form issued or managed to accumulate,
Item Sellig
No. Menu Quantity Price Monthly Anually
64
Carbonara (Filipino
13 Version) 9 120.00 32,400.00 388,800.00
The table illustrates the breakdown of the business projected sales in year 2023,
which is P17,155,800.00 . It is clear that there is an increase of sales and profit over a
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year. It increased by 50% in 2023 from 2022 . From 2021 onwards, the gross receipt of
2023 shows a significant growth of the business. Also, the collected data used in the
A particulars that is inside the table above is the list of the operation expenses of
Festive Foods for the years 2021, 2022 and 2023. These operation expenses or also
known as Selling, General, and Administrative expenses are needs of the business
throughout the three years operation. Also, it can be also seen from the table itself that
the expenses of Festive Foods have increase after a year of operating from P964,085.00
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to P967,735.00 and continued increases in 2023 because the number of customers are
PARTICULARS AMOUNT
DTI Permit P250.00
Barangay Clearance (Sedula) 500.00
Mayor’s Permit/ Business Permit 5,300.00
Printing Receipts 1,250.00
BIR (Certificate of Registration) 500.00
Sanitation Permit 500.00
TOTAL P8,300.00
Table 6.10: Permit and License
ticket in any business convention and key to legal operation. The license is an
issued by different government agencies also require a single jurisdiction. Above are
the permits and licenses that the owner has processed to serve as evidences that
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Estimated Comparative Schedule Of One Month Production Supplies Expense For The
Years 2021,2022 AND 2023
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Pancit 1 1
15 Palabok 80.00 0 12 8 24,000.00 28,800.00 43,200.00
Plain Rice
(Single 3 5
16 Order) 10.00 0 36 4 9,000.00 10,800.00 16,200.00
Platter Plain 1 1
17 Rice 80.00 0 12 8 24,000.00 28,800.00 43,200.00
Garlic Rice
(Single 3 5
18 Order) 10.00 0 36 4 9,000.00 10,800.00 16,200.00
Platter Garlic 1 1
19 Rice 80.00 0 12 8 24,000.00 28,800.00 43,200.00
DESSERTS -
1 1
20 Bibingka 25.00 0 12 8 7,500.00 9,000.00 13,500.00
1 1
21 Leche Flan 25.00 0 12 8 7,500.00 9,000.00 13,500.00
Puto 1 1
22 Bombong 25.00 0 12 8 7,500.00 9,000.00 13,500.00
1 1
23 Bilo-Bilo 15.00 0 12 8 4,500.00 5,400.00 8,100.00
Halo- 1 1
24 Halo(Special) 35.00 0 12 8 10,500.00 12,600.00 18,900.00
DRINKS
Softdrinks 2 3
25 (1.5l) 45.00 0 24 6 27,000.00 32,400.00 48,600.00
Softdrinks 4 7
26 (300ML) 8.00 0 48 2 9,600.00 11,520.00 17,280.00
Gulaman 1 2
27 (Family size) 15.00 5 18 7 6,750.00 8,100.00 12,150.00
Iced Tea 1 2
28 (Family Size) 30.00 5 18 7 13,500.00 16,200.00 24,300.00
Pineapple
Juice Drink 1 1
29 (Family Size) 25.00 0 12 8 7,500.00 9,000.00 13,500.00
quantity of inventories necessary for the production of Festive Foods in 2021, 2022 and
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2023. It is visible that as the year increases the production suplies also increases. In 2022
inventories are the current asset of the business which will be converted into cash in a
short period of time typically within a year. Moreover, the owner made rationalize
decisions before getting hold of these materials to retain the aim of the plan to increase
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Net Income Before
Tax 2,649,910.00 4,067,009.00 6,225,617.25
Less: Income Tax 1,257,971.20 1711442.88 2,402,197.52
Net Income P 1,391,938.80 2,355,566.12 3,823,419.73
Cash
Property, Plant and
Equipment
Ventilation 15,000.00
CCTV 8,000.00
OWNER'S EQUITY
Capital Beginning
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Total Available Capital
CAPITAL ENDING
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Financial Analysis Ratio
The business' profitability, liquidity, and growth over time of its operation can all
be demonstrated through financial ratio. Determining a financial ratio can also be a help
Below are the formulas used to study the business' profitability, liquidity,
solvency, and growth over time to address the problem and be able to find possible
areas of improvement
1. Gross Profit Ratio - It provide information about relative profit for the products or
services delivered.
Gross Profit
Gross Profit Ratio (GPR) =
Gross Receipts
2,649,910.00
9,531,000.00
= .28
This means that for every P1.00 service rendered, the store earns 28 centavos.
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2. Profit Margin Ratio - This measure how much out of every peso of sales a
business actually keeps in its earning. A higher profit margin indicates a more
rendered.
= .46
4. Operating Expense Ratio - This indicates what portion of the sales is absorbed
9,531,000.00
= .10
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It indicates that for every P1 of receipt, there is 10 cetavos incurred for the
operations.
5. Liquidity Ratio - Liquidity ratios are ratios that come off the balance sheet and
measure the liquidity of a business as on a particular day. These ratios are important
in measuring the ability of an entity to meet both its short and long terms
obligations.
A class of financial metrics is used to determine a business' ability to pay off its
short-term debts and obligations. Generally, the higher the value of th ratio, the
higher the margin of safety that a business possesses to cover short-term debts.
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Chapter 7
Summary
nature, cultural struggle, Friends and enemies, religion, it is about memory and
tradition. The festive foods was named by the owner that was inspired by the Filipino
culture called festival. It was named “Festive foods” because in every festival, festive
foods were served and it also symbolizes the love for the Filipino culture. The name of
the business gives a conviction to the customers to reminisce the culture of our
country.The business goal is to satisfy the cravings of the people who are craving and
love to eat Filipino foods. This goal can be achieved through the help of the people who
will be hired. The festive foods will be a big help to the economy as well as to the people
who will be hired.Our objective is to serve and promote our very own affordable and
reasonable and affordable prices that satisfy the cravings of our customer. Our vision is
unique and tasty foods and to reawaken the classic Filipino culture.
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Festive foods provide everyone, including Filipinos and foreigners, with
numerous Filipino foods. It is owned by business owners who are eligible to do business
in a competitive environment. The atmospheres of the restaurant are clean, neat and
have a distinctive style of Filipino Culture. The management always check whether the
business is growing or not or how their business is going through. Restaurant demand
refers to the satisfaction of the client with the restaurant. The data analyzes a person's
satisfaction or not with the employees, background or design of the restaurant, the
price of a meal, the quality of the meals and the food place. 79% are satisfied with the
The business started with an initial capital of P6,769,500The owners will going to
hire people who will help to run the business and to make it successful.It can help other
Filipino who doesn't have job or they can't provide much of their family because of
poverty.We can also introduce to everyone that the Filipino dishes are delicious and
affordable that will enjoyed by both Filipinos and foreigners here in our country.
To aim the success and achieve the goals of Festive Foods, the following are the
conclusions and recommendations in the different aspects of the business for the 3 year
development plan.
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Conclusion
Expansions Manager
the product
78
accommodation
Resource (HR)
2. Management Development Plan
Manager 0
The business needs maintenance to keep the place safe for all customers and
staffs.
Having good,clean and peaceful place for the business is huge role in attracting
and retaining the best employees, many of whom keep a close eye on where
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Maintenance boost the business long-term performance.
service
Accomodation policy
business
5% 5% 5%
4. Financial Development Plan
Service and accommodation is for the employees good service to make the
customers satisfied.
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Product satisfaction to satisfied the customers cravings and to keep them coming
Reccomedations
1. Festive Food must have a proper sanitation and should reinforce in personal
2. Festive Food must follow the guidelines given by the World Health
Organization (WHO) and Food and Agriculture Organization (FAQ) to ensure the safety
4. To ensure the safety and health of our employees and customers, all
employees are required to undergo the Medical Check-up and secure health certificate
5. The management need to actively learn from how the competitors manage
and grow their operations. Incorporate the knowledge and the pieces of information
collected in generating plans and discover ways to apply those learnings to the business.
very important that we project positive image not only to co-employees but to the
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7. Being in the service industry, our primary objective is to provide 100% Total
Customer Satisfaction to each and every customer that visits our restaurants by serving
safe foods and hot food in a fast, accurate and friendly manner in a clean restaurant.
9. The owner should be strategic at all time , develop self awareness and get
familiar with each aspect properly in order to find ways efficiently to overcome
shortcomings in business.
10. The owner should also ensure the effectiveness of the new business ideas
and plan.
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83
APPENDICES
FEBRAURY 8, 2021
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To whom it may concern:
Greetings!
Thank you very much for your kindness and favorable response. Godbless.
Sincerely yours,
Noted By:
Questionnaire
2. Does the costumer satisfied or unsatisfied with the service in serving foods? Why?
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6. What are your strategies to make your business grow?
10. What is your basis about choosing the location of your business?
Appendix A
Festive Foods
(Business Logo)
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Appendix B
87
Appendix C
88
Appendix D
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CURRICULUM VITAE
Email: [email protected]
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PERSONAL INFORMATION
Age : 16 years old
Citizenship : Filipino
Gender : Female
Height : 5’8
Weight : 58 kg
Educational Background
Email: [email protected]
91
PERSONAL INFORMATION
Age : 17 years old
Place of Birth :
Citizenship : Filipino
Gender : Male
Height : 5’2
Weight : 51kg
Educational Background
Email: [email protected]
92
PERSONAL INFORMATION
Age : 16 years old
Place of Birth :
Citizenship : Filipino
Gender : Female
Height : 5’2
Weight : 43 kg
Educational Background
Email: [email protected]
PERSONAL INFORMATION
93
Age : 17 years old
Citizenship : Filipino
Gender : Female
Height : 4’11
Weight : 40 kg
Educational Background
Email: [email protected]
PERSONAL INFORMATION
Age : 16 years old
94
Date of Birth : September 16,2004
Citizenship : Filipino
Gender : Male
Height : 5’5
Weight : 64kg
Educational Background
MARIAN S. CARINO
Email:[email protected]
PERSONAL INFORMATION
Age : 17 years old
95
Date of Birth : March 3, 2003
Citizenship : Filipino
Gender : Female
Height : 5’4
Weight :39kg
Father : none
Educational Background
BIBLIOGRAPHY
https://www.idlehearts.com/661140/food-is-about-agriculture-about-ecology-about-
mans-relationship-with-nature-about?
fbclid=IwAR3rzXiDvr1XMUjZMcwQhDF9_FaO3ZZYd3Y8TR5pb2HxuevBJw04kJ3PBuo
https://www.jetstar.com/sg/en/inspiration/articles/ph-filipino-christmas-food?
fbclid=IwAR14yirwj8u7p8xSkeeGMeZ0qVAt2pk6Kx9O-1G02gFF_8dvOxlijKM7SPs
96
The Foodpreneur's Beginning Tips for Starting a Food Business (thebalancesmb.com)
97