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: March 12, 2013 : Mr. Russtum Pelima CEO, Pelima Group of Companies From : Ms. Mary Grace Amora CEO, Yeye Group of Companies Subject: Snack House District Business Proposal PROJECT SUMMARY The Snack house District is a business venture which incorporated three different businesses under one name. The proposed business will be located at Pendatun Avenue, General Santos City. The said project requires a high level of capital requirement and the company is seeking for potential business investors and partners. This proposal includes the business description and investor qualifications and payment methods for interested business investors. PROJECT DESCRIPTION The Snack house District is a three-divided business venture in which it carries only one name; the proposed brand name itself. There will be three house shops that are built separately with three different specific product scopes. The first shop will be for the bread, cakes and pastries. The second shop will be for the coffee and beverages. Lastly, the third shop will be for the salads, pastas and paninis for those health conscious consumers. RATIONALE OF THE PROPOSAL With great aim to establish a business that is unique and first in a certain city, the researchers decided to broaden up the scope of entrepreneurship within their bounds of imagination and put it into a proposal. The proponents have also taken upon consideration the instability of the Tuna industry of the city which is basically the primary source of income of many, if not for most Generals. This business may also help generate greater job opportunities and will introduce another visiting spot in the city of General Santos considering the fact that this business is focused mainly in creating a District and not only one ordinary Snack house Business. In the long term, the district could help provide a convenient access to food and socialization especially to tourists which in fact one of the major consideration in cities advocating tourism. BUDGET AND FINANCIAL MANAGEMENT The said business venture requires the monetary capitalization specified in the business plan. The said capitalization intended for the construction of the building and purchase of the required machines and equipments. The shareholders of the company will receive daily or monthly
reports on their current shares in their investments in the said business. The reports will be given by the accounting department and a monthly evaluation will be conducted as per notice. PROJECT MANAGEMENT PROCEDURES 1. Workplans will be reviewed in a regular basis. For the said project, plans and activities will be reviewed in every two weeks. 2. Actual effort hours and costs will be updated. Completed activities that have been done the previous time will be identified. 3. Budget situations will be analyzed and review. Review how the project is performing against the proposed budget. Financial reporting must be done through managing the budget on a monthly basis and in updating the workplan n a weekly or biweekly basis. 4. Schedule and budget risk will be communicated. Risks of missing the budget or deadline will be communicated to the sponsors and stakeholders. 5. Future works will be adjusted. On a monthly basis, future workplans or projects will be redefined in greater detail. ADMISSION OF INVESTOR PARTICIPANTS An applicant for admission as an Investor Participant must apply in the prescribed manner to Yeye Group of Companies and provide such information and comply with such conditions and requirements as may specified by the company. In the case of an application to become an Individual Investor Participant, the applicant must: (i) (ii) (iii) (iv) (v) be aged 25 and above; hold a Filipino resident identity card; be validly existing and of good standing; no bankruptcy records or not subject to any legal incapacity under any applicable law; undertake, if the application is successful, to comply with and be bound by the Terms and Conditions and the Rules.
TERMS AND CONDITIONS FOR INVESTMENT PAYMENTS • Minimum deposit required for a direct term investment is Php300, 000. • Minimum term for a Term Investment is 28 days and the maximum is 3 years. • Interest calculated daily and paid on maturity • Deal directly with Yeye Group of Company’s Investment Consultant • No CueCard, Visa Debit Card, Cheque book or Phone Banking access available
TERMINATION OF CONTRACT Either party may terminate this Agreement without further notice, in the event of the following: a. If such party fulfills its obligations but the other party breaches its obligations hereunder due to its own fault and fails to cure such breach within seven business days as described in Article 14; b. If such party becomes subject to payment suspension, liquidation, composition, corporate reorganization and bankruptcy proceedings or similar events; c. If the performance of this Agreement becomes impossible because the material assets of such party necessary for the performance of this Agreement becomes subject to orders such as provisional attachment, injunction, attachment, repossession, public sale or the commencement of auction; or d. If the performance of this Agreement becomes impossible because such party becomes subject to regulatory action related to this Agreement such as business suspension, cancellation of business license and criminal sanction. The termination of this Agreement shall take effect on the date of transmittal in writing of the intent to terminate. For more information, interested investors and shareholders may visit the main company located at Pendatun Avenue, General Santos City or contact the company through e-mail (firstname.lastname@example.org).
MS. MARY GRACE AMORA CEO, YEYE Group of Companies