SHRIMP DE LA IMBUTIDO

Presented to the Faculty of

In Partial Fulfillment
Of the Requirements for the Degree
BACHELOR OF SCIENCE IN ENTREPRENUERSHIP
Major in Tourism Business

Prepared by:

Baluntong, Ma.Chona G.
Guevarra, Ivhie
Salvador, Meryelle Joy
 Nazaro, Marlo G.
SUMMARY OF THE PROJECT

As an aspiring entrepreneur in this modern day, it seems that there must be

plenty of opportunities provided by our external environment and sometimes it is one

of the great primary preferences to save bright ideas before entering the business

world. If we look to our surroundings, the people’s culture, habit or even their

lifestyle, they act according to what their hearts desire. Aside from our career is one

of a better success of wealth, but business offered a possible legitimate income and

provide a variety of chances in order to meet the interest. Every people wanted to

engage in venture activities, the owners decided created a plan for this kind of

business, which is a kind of popular Visayan dishe called SRIMP EMBUTIDO. This

common Visayan dish is one of the most practical and typical foods served in every

table of many Filipinos like word is continued of forming on people is increased on

the reason of growing population. This is one of a concreted evidence that we go to

enter in business to provide a kind of product and satisfied their taste.

In innovating a one of Visayas dishes and off course to capture their interest

avoided our product proposed one of a significant role why we created,this plan and

start to give finances this concepts is to implement every individual especially Filipino

people to embraced our food culture and to dominates people to practice to intake

an organic food and promote a longevity of a lifespan by encourage individual

patronized our own traditional food.The business will be possible stand from the
period of time the owners expected that is not exceed but it is gradually increase

from the next year of operation since it is start up business.

The objectives of the business include:

 To implement every people to embraced a one of VISAYAS dishes

 To provide in every household a classic canned food SHRIMP EMBUTIDO

during their eating time.

 To encourage a future generation to patronized a product of Filipino.

I. Management Aspect:

This aspect includes the study in forming the organization, form of ownership

and organizational policies and project schedule.

SHRIMP DE LA EMBUTIDO will operate under partnership form of organization.

The organization has decided to fall in partnership form for the exertion of maximum

efforts and the capabilities of the organization to work as group. During the start up

of the Shrimp de la embutido, the manager will decide who will be aligned in the

specific jobs under the business. The background of the manager in making the

product is a great advantage on the position. The manager will be responsible

overall checking if the Business, she will be the the one who will initiate motivation in

the organization. Second is the cashier, the one who is responsible for the financial

statements of the business. The cashier will make a daily record of the business

specially about financial. Every money revolving in the business will go through the
cashier first. Third is the production, the position that is responsible for the

preparation of the product, gathering of resources and checking of the tools inside

the facility. Since the production works with the cooking tools and other

materials ,they are also responsible on reporting any broken things inside the

workplace. The last job in the organization will be the driver who is responsible on

transportation and delivery of raw materials and finished products. The driver will

receive a daily amount for the gas. Since the team will be working 6-7 hours a

day,there will be a 30 minutes discussion after each work session per day.Since the

organization has different positions/jobs everyone on it will report weekly. This

reporting will involve the motivational activities and the listing of any other needs

inside the organization.The team has projected a daily income of one employee will

receive for daily work.The employees salary increase in the next few years is not

determine to the changing economic status of the country.

Table of Compensation

Description Monthly

Worker 1 P6,000

Worker2 P6,000

Driver P6,000

Total P18,000

Organizational Policies
 Organizational Policies are to be followed to have the business run in smooth

way. This organizational policies includes :

1. Code of conduct

- the code of conduct in includes

a. Cleanliness is next to Healthiness - everyone in the business should be

having their bath before going to work to make sure they are clean.

b. Meal time policies - meal time starts only at 11:30 . Violation of this policy is

accepted if the daily quota is reached fast.

c. No Over chatting - chatting is always been a good way to relieve the tiredness

but is not good if too much because it can affect the production .

d. Client Interaction - every client should be approached or be talked in a

hospitable and healthy way of communication.

e. Business Confidentiality - everyone in the Business should take the

confidentiality seriously. What the Business hides should remain a secret.

f. Dress Code - wear proper dress code in the workplace.

g. No work No pay - since the business starts with four people ,those who didn't

attended a sessions are not going to have their payment in the particular day of

absence.

2. Health and Safety Policies- the health and safety policies are created to protect

the employees and everyone in the business from health and safety risk. Among

these policies are:

business area, we all know that the business are product based and smokes have

sticking smells, and also it is bad for everyone's health.

b. No Garbage at Working area - Garbage are a big threat to sanitary aspect.

Every garbage should be placed in their right place.

c. ClAYGo Policy - clean as you go. Don't leave any trace.

d. Risk Assessment - risk should be assessed every time and should be

evaluated eagerly.

Schedule of Legal Requirements.

Table 1. Schedule of Legal Requirements.

LEGAL REQUIREMENTS Cost

Barangay Business Permit P200

Mayor's Business Permit P250

BIR permit P300

Sanitary permit P150

Total Php 900.00

1. Barangay business permit.- barangay business permit is essential in proving that

a business comply on the standards of the barangay. Our barangay permit will be

provided in barangay dangay.

- mayor's business permit is also essential in proving that a business comply with the

standard of the local government. Our Mayor's permit will be provided in municipality

of Roxas.

3. BIR permit.

- BIR permit is a permit that is given by the Bureau of internal Revenue. This permit

will allow a business to print an actual invoice and receipts. BIR will register a

provided TIN number for a specific business.

4. Sanitary Permit

- sanitary permit is obtained from the municipal sanitary and health office. Included in

every Mayor’s Business Permit is the Health and Sanitary Permit that can be

acquired after Electrical Inspection is done. This is to ensure that aside from the

safety of the people that will be entering a establishment, the Health and Sanitary

Office will inspect business establishment about the cleanliness of the surroundings

and its office spaces.

II. Market Aspect and Marketing Plan

Marketing is one of a vital role and considered as the backbone of parlance it

is measure and allocate the various to be provided on how much a portion of

prospected customer are willing to acquire a product offered by the business. It is a

road or a map turning toward to attained the main objectives of the

organization.Product is one of part in marketing plan in is a things that the business

guarantee that must a high probable chance to yield a possible income.

Market Description

Place is a portion of area this is a venue that the buyers and seller interact to

each other.Since that Roxas is holds a one of a large number of population this is

had a high profitability that the business well stand and earn a profit SHRIMP DE LA

EMBUTIDO will be position on the center of Roxas area where the passage of

people is on that place this is not accessible area for the other customers but the

business provide very accommodated services for those customers wanted to avail

the product we offered a delivery service.

Supply and Demand Situation

Product is one of part in marketing plan in is a things that the business sell

and offered in a public, since our product we proposed is a kind of unique it is

guarantee that must a high probable chance to yield a possible income.The

ingredients of the product was produced local here along Oriental Mindoro.It can

sustain the growing demand of the customer.Here in Oriental Mindoro the population

was growing the dish shrimp embutido known of every Filipinos and its taste

delicious adding more flavor and techniques.On the whole view the shrimp embutido

will be having a higher profit if the marketing strategy and manpower join together to

create quality foods in every Filipinos. Since that our main product is shrimp we
derived an ideas that this kind of products is typically ideal on every person in our

current day right now.This product helps to farm industry and promote Oriental

Mindoro to knew that can supply lots of more coconut.

Target Market

Location is one of center focused in placing a business in one particular area

of a business industry.This line emphasized that how a business is suitable perform

not just for the reason of suitable place but the owners assured that this kind of

areas is holds a large numbers of people living in this town since Roxas is a well

develop municipality and had a lot of business establishment this kind of offered

product had a potentials to be recognized and patronized by the people of this

town.Our mainly target are residence of roxas and the tourism.Shrimp de la

embutido provide a classic kind of seafood, in every individual and to ensure the

interest of people to become madly infatuated as traditional Filipino foods and

wanted to become one of the most popular manufacturer of SHRIMP EMBUTIDO in

the province of Oriental Mindoro.

We decided to placed here because this is shown a concreted scenario

that this place tells that trust of people living in particular residence valued the

essence of a Filipino food lover this area guarantee a possible customer that

availed our offered product & services.The business also plans to create different

flavor which is suitable in taste of every Filipino that they always find here in Oriental

Mindoro.This business provided a fresh seafood shrimps that captured the taste of
customers to avail,very accommodated place and provide a classic product and

services and original style of traditional Filipino dishes.

Promotion Mix Strategies

A one of a life blood of marketing aspects that continued to promote a

brand of services offered by the business it is define by advertising a particular brand

for the purposed on how to showcase how is quality of a product we want able to

promote.SHRIMP EMBUTIDO business had 2 consecutive approach when it comes

on promoting their services/ products.This is a value that every business put in

product/ services SHRIMP DE LA EMBURIDO is had affordable prized the owners

had nothing to worried about when it comes on the presence of competitors,

because base on our reference on the area some of business operated in the given

area is on restaurant section another reason our business offered is one of the first

store that a possible to exist on that place.

SHRIMP DE LA EMBUTIDO offers products and services in affordable price.

We distribute our products through deliver or you can go to our store which is open

from Monday to Saturday, 8:00am to 5:00pm. You can also visit our facebook page

to see our products and services offered. As for the payment you can pay trough

Gcash or to any other money remittance. We are also accepting reseller.

A one of a life blood of marketing aspects that continued to promote a brand of

services offered by the business it is define by advertising a particular brand for the

purposed on how to showcase how is quality of a product we want able to promote.

Products Price Profit

Shrimp embutido regular 15 5

Jar 100ml 50 7

Jar 150 ml 70 9

Jar 200ml 90 11

Total 32

Description Strategies

The proponent will offer product and services in affordable price.We

distribute our products through deliver or you can go to our store which is open from

Monday to Saturday, 8:00am- 5:00 pm.You can visit our facebook page to see our

products and services offered.Shrimp de la Embutido is from Dangay Roxas deliver

to a small business in Victoria main store.The business structured as a

partnership,operating under Ma.Chona Baluntong,Guevara Ivhie,Meryelle Salvador

and Marlo Nazaro.Shrimp de la embutido will begin operations in the month of

February.The small business wants to bring a delicious dish and perfect meal to

everyone.Other stores cannot match the satisfying taste of Shrimp de la Imbutido will

give.

What Who When Where How Budget

Fliers Proponent 5 days On Urban Barangay,Public Stated an exact Php 600

operation most people passed by regard on a units

business and Php

what kind of 3.00/

product we units

offered

Proposed Proponent A week Facebook,Instagram,Tiktok one of a very Php 200

Internet s before sophisticated

operation way in this

promotion the

business had

an official page

for using via

internet access

since a

customer are

easy to keep in

touch even a

far place.

Total Php 800

This chapter discusses the technical viability of the proposed business, the

proposed location including the layout, vicinity map and the location analysis.

Furthermore, this chapter presents the flow of service, the availability of the

resources, equipment and facilities to be used in actual operations of the business.

Description of the Product

The product we offer is named “SHRIMP DE LA EMBUTIDO” since the term

EMBUTIDO is also a popular visayan dish which started many years ago and still

exists up until today. This food is very common to Filipinos and is typically served in

every table especially to those people who live the essence on seafood. SHRIMP

EMBUTIDO is the main product proposed by the owners. it is composed of natural

organic ingredients made from 100% fresh shrimp and with the mixture of grated

fresh coconut, spices and seasonings - one of the traditional Filipino dishes that is

easy to cook and prepare.

services has aesthetics style regard on packaging and labeling of our product. We

do a canning preservation for storing and exporting that can last for a month. The

owners guarantee that this product will become suitable and not hard to sell in every

residence of Roxas town and as much as possible in every particular areas of

Oriental Mindoro. The SHRIMP DE LA EMBUTIDO produced 200 per month. When

the marketing strategy was successful and more Filipino taste it and loved it every

month we will having a lot of delivers and sellers that could join us in our SHRIMP

DE LA EMBUTIDO. The estimate order per month is 200 and 2,400 per year on the

local produced ingredients we can provide it with no shortage of supply. We have a

100ml, 150ml, and 200ml in jar in which we use a canning preservation for storing

that can last for 2 to 3 months. We also have a regular shrimp embutido which is

covered by the leaves of coconut and it can last for 36 hours.

The manufacturing process portrayed the flow of producing the proposed

product with the flowchart or diagram, converting the raw materials into the finished

product. Starting from purchasing raw materials from the market, preparation of the

ingredients in working area, and then mixing of all the ingredients then wrap into

coconut leaves. After that, let the water boil until it is cooked.While it is waiting to

cool,it will be put in jars to be sealed.It will help to keep the foods or the product

contained and clean.Then put a logo stickers in a jar to make it presentable and

attractively designed package can increase sales.

Plant size and Production Schedule

The Shrimp de la embutido production will be thrice a week.The business

operate from Monday to Saturday,8:00am-5:00pm.

The Proponents decided to produce product

Products No. Produced Per Whole

month ( 9 months )

Jar 100ml 25 225

Jar 150ml 25 225

Jar 200ml 25 225

Regular 100 900

Table 1 Product Produce

Plan Location
 Plan location is one of the things that the proponents have given importance.

Having a good business location is one of marketing strategies needed to gain

considerable profit. There is always an advantage if the business is in good location,

accessibility of the costumer is necessary to take note. The location of the business

should also have a good environment .Other factors to be considered in business

location is the social disability, existing local government policies and laws,

availability of raw materials in a particular place and proximity of the market.

Plan Layout

Plan layout is defined as the arrangement of physical facilities within a

factory building so as to have easy and fastest flow of material at the lowest cost. It

is an important decision because it represents optimum relationships among output

floor area and manufacturing process. The proponents will consider a lot of factors to

have the proper location for Shrimps De La Embutido.

Working area

Storage of Raw Material

Raw Materials are the materials needed to incorporate the product. These are

the materials necessary in the production of the product.

Description Monthly Quantity Unit Cost Total Cost

Shrimps 5 klo. 250 250

Coconut 50pcs 10 500

Onions 3klo 100 300

Garlic 2 klo 80 160

Ginger 2 klo 100 200

Chili 2 klo 100 200

Seasonings 3 packs ( 100 grms) 25 75

Jar 100 ml 1 box (24 pcs) 9 216

Jar 150 ml 1box (24 pcs) 11 264

Jar 200 ml 1 box (24 pcs) 13 312

Total Expenses Php 698.00 Php 2,213.00

Factory tools will help the production to be more possible and it will make the

production easier. The tools necessary for production are as follows;

Description Quantity Unit Cost Total Cost

Kalan de Uling 2 250 500

Caldero 2 305 710

Pressure 1 2,800 2,800

Plates 5 30 150

Glass Set 1 120 120

Utensils Set 1 90 90

Tong 3 25 75

CHOPPING 2 40 80
BOARD
KNIVES 2 45 90

TOTAL Php 4,655.00

Furniture and Fixture

Furniture and Fixture are necessary to have more comfortable and organize

workplace .It will help the workers to made their job easier.
 ITEMS QUANTITY COST TOTAL

OFFICE TABLE 1 1,490 1,490

GLASS STANTE 1 3,700 3,700

KITCHEN TABLE 1 850 850

KITCHEN WALL 2 1,000 2,000

CABINET

CAHIER DRAWER 1 2,000 2,400

TABLE

TOTAL Php 10,440

Maintenance Supplies

The following maintenance supplies are to be used in manufacturing and

administering the business.

Descriptio Quantity Unit Cost Total Cost

Broom 2 70 140

Dustpan 2 40 80

Garbage 10 10 100

bag

Soap 1 box 230 230

Total Php 550.00

Description Quantity Unit Cost Total Cost

Ballpen 4 7 28

Scissors 2 25 50

Notebook 1 12 19

Total Php 97.00

Utilities

Utilities are the basic needs to start the business operation.It plays very

important role in overall management efficiency.To maintain a smooth operation of

the business ,electricity,telecommunication and water is necessary.

Description Provider Total Cost

Electricity Bill Ormeco 300

Telecommunication Globe/Smart 100

Total Php 400

Leasehold Improvement

Description Total Cost

Labor 500

Packaging 500

Repair 800

Total Php 1,800

It is important that the business secure sanitary permit annually from the city

hall.Proper sanitation is very important for maintaining smooth operations and also

for the protection of nearby residents.Waste materials will be separated from bio

degradable and non-bio degradable .The waste will be placed in a garbage bag to

ensure the safety and cleanliness of the place and ensure health of people in the

community.

Labor Requirement

To have an efficient and effective business ,manpower is a main factor in

production .The proponent decide to hire an assistant that have a ability to assigned

work or position.The assistance will receive Php 300 per day or Php 6,000 per month

for 20 working days.

V. FINANCIAL ASPECT

Total Project Cost

(First Month)
 FIXED ASSETS Total Cost

Furniture and Fixture 10,440

Factory tools 4,655

Leasehold Improvement 1,800

ADMINISTRATIVE EXPENSE

Maintenance 550

Office Supplies 97

Utilities 400

TOTAL Php 19,567.00

FINANCIAL STATEMENT

MONTH 1 MONTH 2
NOTE 1: Estimated Sales
Volume
Cash sales 20,000 20,000
Total 20,000 20,000

MONTH 1 MONTH 2
NOTE 2: Direct Materials
Shrimps 250.00 250.00
Coconut 100.00 100.00
Onions 100.00 100.00
Garlic 80.00 80.00
Ginger 100.00 100.00
Chili 100.00 100.00
Seasonings 75.00 75.00
Jar 100 ml 216.00 216.00
Jar 150 ml 264.00 264.00
Jar 200 ml 312.00 312.00
Total Php 1,597.00 Php 1,597.00

MONTH 1 MONTH 2
NOTE 3 : Direct Labor
Worker 1 2,000 2,000
Worker 2 2,000 2,000
Worker 3 2,000 2,000
Total 6,000 6,000

MONTH 1 MONTH 2
NOTE 4: Manufacturing
Overhead
Maintenance 300 300
Utilities 400 400
Total 700 700

MONTH 1 MONTH 2
NOTE 5: Administrative
Expenses
Utilities Expenses 400 400
Salary Expenses 2,000 2,000
Supplies 397 0
Legal 900 0
Total 3,697 2,400
 MONTH 1 MONTH 2
NOTE 6: Selling
Expenses
Administrative Expenses 1,097 1,097
Total 1,097 1,097

ROI= 40,000.00 - 26,182.00 X 100%

= 13,818.00 X 100%
26,182.00

ROI =52.78%

FINANCIAL ASSUMPTION

1.Initial Capital requirement will be Php 19,567.00.The whole amount will be invested

by the properties.

2.Working Days

There will be ( 2 )working days in week for employees and Monday and for their

worker.
3.Production Capacity

The production capacity will increase 10% every month and year.

4..Sales

The selling price depends on the size of the jar.

90% their nine months production will be sold for the first operation.

90% their sales are cash sales and the remaining 10% are on credit.

5.Labor

No additional laborers will be subjected in the business.The four members of

the business will be the official laborers for the first ten months of the business

implementation.

6.Utilities Expense

Utilities are 80% administrative and 20% for factory.

7.Maintenance Expense

Maintenance expenses are 50% administrative and 50% factory.

5% increase will be implemented on its 4th years.

8.Rent Expense
 Rent for the office is assume at 1, 500 pesos per month and it won't increase

for the first three years for operation. 10% increase is assume start it's 4th years.

9.Advertising Expense

Advertising expense is assume at for the assumed to decreased by 40% of the

second year.

10. Accounting Period

A calendar year of business starting June 2022 will be implemented.

11. Salaries

Salaries off admin employees won't change for the nine months of operation.