Professional Documents
Culture Documents
BUSINESS PLAN
“It's not easy to chase your dreams. But it's easy to chase your desired
clothes.”
123-456-78900
ClothChasers@gmail.com
clothchasers.wixsite.com/my-site-10
https://www.facebook.com/ClothChasers/
May, 2021
PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
TABLE OF CONTENTS
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Executive Summary
Cloth Chasers’ company offers a variety of pre-loved clothes for both men and
women with refreshing style and made with the latest craze. They sell high-quality
products for everyday use suited to the preferences of their target market at a
reasonable price.
Online Selling and Shopping are the recent trends in the Philippines. Though
Cloth Chasers is focused on selling their items online, its aim is to strengthen and
support the non-gender clothing advocacy and long-life cycle of pre-loved clothes for
everyone.
Cloth Chasers is for fashion forward, design oriented and trend conscious
Filipinos aged between 6 and 25 years old, who love to collect items and shop for their
own needs and desires online. It will be challenging for Cloth Chasers to boost up its
market because there are many existing substitute products, which already have a
powerful advertising and customer following. However, the affordability and unique
items of Cloth Chaser can set it apart from these competitors.
The business will initially operate and use web and social media sites to
showcase their products for ordering. Several promos and freebies will be offered to
help it grow by catching the attention of loyal and potential customers. Cloth chasers’
philosophy is being quality-focused, and they deliver the best service an online shop
could give. To sum it up, they have a number of competitive edges that will be used as
an advantage to achieve their goals and objectives.
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Business Overview
Cloth Chasers are also weighed against the cost competitors. These rivals have
the exact same business concept as with the business, which is why it needs to be
flexible when it comes to growing the venture. Aside from that, the team is creative in
terms of advertising and the product’s quality to be sold. The venture aims for the
Generation Z as the specific target market. Given that they are using social media and
website platforms to market their product, Cloth Chasers are also considering the
demographic segmentation where they can consider the products along with Generation
Z being on the ‘same page’. In addition, this will also prompt for the psychographic and
behavioral segments of the Generation Z which includes their lifestyle preferences,
personality, thriftiness, and the desire to obtain the product because of outfit choices.
Moreover, regarding the uniqueness that the venture can lend to the customers, Cloth
Chasers do include sales and freebies stuff, which can also be useful along with the
clothes being sold.
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Vision
To be recognized as one of the top performing local apparel within Metro Manila that
supports the non-gender clothing advocacy and long-life cycle of pre-loved clothes for
everyone.
Mission
To build a lifelong customer relationship and ensure their satisfaction by giving good
quality products. To keep the products on fashion trend and make it affordable but can
meet the stylish look of our customers.
Goals
Position Cloth Chasers as one of the most trusted and recognized business in
clothing industry
Provide customers with outstanding customer service.
Acquire 50 new customers within a month and improve other customers' loyalty.
Objectives
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Market Analysis
Cloth Chaser's target market is Filipinos at the age between 6 and 25 years old
but tends to be overly youth. They are fashion forward, design oriented and trend
conscious individuals, residing in urban areas. They are usually active on social media,
love to collect items and shop for their own needs and desires. To increase the market
penetration, Cloth Chasers offer products that can make it popular especially to the
Generation Z. At the same time, aggressive marketing will be done to increase the
visibility for the business through the use of social media and advertising.
Industry Analysis
Cloth Chasers is a part of the clothing industry and it will compete directly with
several local businesses, especially those who operate in nearby areas. They will
always be the competitor and most of them already have established their brand and
built a strong customer relationship. It can be a good challenge for Cloth Chaser to
compete against the giants and to boost up its market because there are many existing
substitute products. However, the affordability and unique items of Cloth Chaser can set
it apart from these competitors. It has to ensure that they will be consistent in providing
its customer good quality of product. What makes consumers look forward more to
Cloth Chaser is their appealing packaging and additional freebies.
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Summary
As listed above, the number of products being sold by the business varies
according to the price. In addition, prices depend on the quality of the products that they
offer. Among the three businesses, Competitor A has the highest quantity being sold,
but it got the lowest income because their products have low quality that is why the
prices are also low. Competitor B, on the other hand, even though they offer products
with good quality, they got the lowest number of products being sold. It is for this reason
that their price range is high. However, the quantity being sold by Cloth Chasers is not
that high or low. It is in between the two competitors, for the reason that they sell
products with good quality yet affordable. To sum it up, this table shows that Cloth
Chasers is the best buy between competitor A and competitor B as it offers products
with good quality at affordable prices.
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
SWOT Analysis
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Cloth Chasers provides one of the basic needs of the customers, which are
clothes. They offer various pre-loved clothes with different styles, colors, and most of all,
these are all available for both men and women. Purchasing the products that the
business offers will give the customers the privilege to get pre-loved clothes with high
and good quality at affordable prices. In addition, they have an eco-friendly and
appealing packaging. Cloth Chasers is the most convenient way to purchase pre-loved
clothes from an online selling shop.
Pricing Strategy
Cloth Chasers product price is ranging from P49-P299 depending on the product
size, quality, and condition. The price strategy is a combination of skimming and
penetration pricing. They may price its products with the highest amount that the
customer will pay. This is applicable because Cloth Chasers offers a good quality
product but then, eventually, penetration pricing may occur once its competitors
introduce the similar offer they had. With this, they can already set the product's price
lower than the product of its competitor.
The sales strategy focused on the fast, accessible, and friendly service offered
by Cloth Chasers when someone ordered or purchased products. To increase sales, the
business wants to give good customer service because customers are well delighted
when they feel they are well assisted. Cloth Chasers also prioritize the time allotted in
delivering the products because customers hate delayed services. Lastly, they will offer
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
the best quality of clothes with effective packaging that will not disappoint their
customers.
Sherman, H. (2020). The 6 Best Social Media Platforms For Your Business in
2021. Retrieved from https://www.lyfemarketing.com/blog/best-social-media-platforms/
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Cloth Chasers is a sole proprietorship company, which means there is only one
owner and a staff that performs their duties and responsibilities as employees. It is also
not necessary to take any extra measures in terms of creation and taxation, since there
are generally no formal steps and no costs involved. It just requires following local
business registration, license, and permit regulations. The owner owns all of the profits
and has full control over the business.
Management Team
Cloth Chaser is organized into eight functional areas: the manager, financial manager,
advertising, and promotion; sales, inventory, social media manager, graphic designer;
and logistics staff.
She is in charge of supervising and leading the business operations and employees.
Her task is to ensure the productivity, efficiency, as well as the implementation of
business strategies, and to evaluate the business performance. She also designs the
business strategy and establishes the business’ goals and objectives. Her leadership
and communication skills make her suitable for this role, as good teamwork is vital in a
business success.
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
and the payroll documents for the staff. Charles Joshua is a keen observant, and he got
his eyes on every detail. He also has skills in communication and problem-solving.
They will be responsible for supervising the advertisement and planning the
programs to generate customer’s interest in Cloth Chaser’s products. They also
estimate the demand for products the business and its competitor’s offer. Lei Nicolas
and Christian possessed analytical and communication skills that are a great help in
determining the promising strategies to boost the business. They are both creative too,
and they can easily generate new ideas.
As an inventory associate, she needs to ensure that the inventory count is always
accurate, all the shipments have been accounted for and the number of stocks is
maintained. She has an attention to details, got some communication skills, and has a
basic understanding of math so that computing error can be prevented. Her primary
duty is to track all the data in the business.
He will perform online sales activities so the business can achieve its desired profit.
He needs to maintain up-to-date product information and can also develop some sales
strategies. His excellent communication skills are important because he is the one who
will respond to the customer’s queries through phone, e-mails, chats, and personal
visits promptly and professionally in order to ensure the satisfaction of the customers.
As a social media manager, she will manage the business’ online presence by
developing a strategy, producing good and witty contents, analyzing usage data,
facilitating customer services, and managing campaigns. Her main responsibility is to
build social media tactics that are both unique and interesting that can bring more
people to the business.
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
As the graphic designers in the business, they will be responsible for creating visual
innovations that can inspire, instruct, and fascinate customers. They will create the
general layout and design for product advertisements, website, brochures, social media
promotion, as well as the packaging design. They are essential for developing a
business personality and optimizing the marketing campaigns across social media.
Human Resources
Management team – is responsible for managing the team and project budget. They
are the planner and setter of goals for the teams.
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Manager (1 position)
- designs the business strategy and establish the business’ goals and objectives
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
- estimate the demand for products the business and its competitor’s offer
- should be creative
- ensure that the inventory count is always accurate, all the shipments have been
accounted for and the number of stocks is maintained
- must possess attention to details, got some communication skills, and have a basic
understanding of math
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
- manage campaigns
- build social media tactics that are both unique and interesting that can bring more
people to the business
- ensure that things are delivered quickly and on schedule from the main physical store
to the consumer.
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
- responsible for creating visual innovations that can inspire, instruct, and fascinate
customers
- create the general layout and design for product advertisements, website, brochures,
social media promotion, as well as the packaging design
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
As stated, Clothe Chasers offers a variety of stylish pre-loved clothes. These pre-
loved clothes were carefully picked by the sellers themselves that are obtained from
their fashion closets. Other products might not come directly from the staff but might
also be obtained from other people. The sellers ensure that the clothes were cleaned
properly and will cause no harm to the customers. Once done, the clothes will then be
taken pictures of and will be added to the website to be sold online.
The process given below was the procedures followed by the staff;
1. The staff carefully selected the pre-loved clothes that they do not use anymore.
Some might not come directly from the staff and might be from other people.
2. The clothes undergo a proper laundry procedure to ensure that it is sanitary.
3. The sellers will then take a picture of the clothes which will be displayed on their
website for the customers to pick for themselves.
Equipment
Mobile Phone
Computer Set
Printer
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Supplies
Preloved Clothes
Description: Clothes that are previously owned but loved and cared by the owner,
clothes that have high quality even if it is used
Source: The owners will be supplier; thus, if ever the supply of the owners is not
enough, we will buy from resellers who sell bundles of preloved clothes
Description: The buyer will send their name or whatever word they want to put in the
keychain and the seller will personally calligraphy it. It is exclusively for 1 word only.
Customers will be given for every certain amount of purchases reached.
Materials:
1. Calligraphy Pen
2. Acrylic Keychain
3. Paper Price
Source: Shopee
Objectives:
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Cloth Chasers
Projected Statement of Comprehensive Income
For the Month Ended May 31, 2021
TOTAL
EXPENSE P600 P614 P610 P600
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Cloth Chasers
Projected Statement of Financial Position
For the Month Ended May 31, 2021
ASSETS
Current Assets:
Accounts Payable 0 0 0 0
Total Liabilities 0 0 0 0
Owner’s Capital
Net Income
Cloth Chasers
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
CASH DISBURSEMENTS
Cash Payments for
Supplies P100 P100 P100 P100
Cash paid to
Employees/Owners P300 P300 P300 P300
Travel Fees
P50 P54 P60 P40
Advertising
P50 P60 P50 P60
Utilities Payments
P100 P100 P100 P100
Cash Payments for
Inventory P4,590 P6,156 P7,842 P11,000
TOTAL CASH
DISBURSEMENTS P5,190 P6,770 P8,452 P11,600
NET INCREASE IN
CASH P1,580 P2,386 P3,148 P4,714
OPENING CASH
BALANCE P5,190 P6,770 P8,452 P11,600
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Graphs
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Cloth Chasers
Break- Even Analysis
Formula:
Fixed Cost = Total Cost of Production – (Variable cost per unit x Total number of units made
Total cost of Production= Fixed Cost + Variable Cost
FIXED COST P500 P500 P500 P500
Formula:
Selling Price Per Unit= Total Selling Price/ Total number of Units made
SELLING PRICE PER P169 P170 P170.5 P170
UNIT
Formula:
Variable Cost Per Unit= Total Variable Cost of Products/Total number of Units made
VARIABLE COST PER P114.75 P114 P115 P114.5
UNIT
Formula:
Breakeven point in Quantity= Fixed Cost/ (Selling Price Per Unit- Variable Cost Per Unit)
BREAKEVEN POINT IN 10 Units 9 Units 9 Units 9 Units
QUANTITY
PROFIT TARGETS:
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
#Units to sell/week to generate= Fixed Cost + Profit / (Selling Price Per Unit- Variable Cost
Per Unit)
P1,000 profit 28 Units 27 Units 27 Units 27 Units
P5,000 profit 102 Units 100 Units 100 Units 100 Units
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Resume
CHRISTIAN ALDAYA
Home Address : 0047 Bukid St.,
Malinta, Valenzuela City
Cellphone Number : 09292163741
E-mail Address : aldayachristian15@gmail.com
Date of Birth : August 11, 2002
Gender : Male
Leadership Skills: Was a Red Cross Youth member and able to attend
different leadership development programs.
Skills / Technical Skills: Was able to attend seminars and training about using
Qualifications editing softwares and how to be digital literate. Can perform tasks easily
with the help of equipment and technology such as computer and mobile
phones.
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Leadership Skills:
Has attended leadership development programs in Junior High School,
and is able to lead and organize a group task competently and
effectively.
Management Skills:
Mindful with every detail of work, and loves organizing stuff in order to
achieve a better outcome.
Special Awards / A Rank 12 Junior High School Completer with High Honors
Honors / Certificates (S.Y. 2018-2019)
Recently Ranked 4th place in class with High Honors (S.Y. 2020-
2021)
Activities & Interests Creativity Skills (doing artsy crafts, drawing, sewing)
Organization Skills (creating time table, file sorting, and listing
daily or weekly tasks)
Collaboration Skills (dancing, sports)
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
EDUCATION YEAR
GRADUATED
PAMANTASAN NG LUNGSOD NG VALENZUELA
Senior High School in progress (2021)
Skills / Qualifications
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Intrapersonal skills:
coping up with challenges within me and having emotional
intelligence
Perfect Attendance Awardee SY. 2014-2015
Special Awards / Honors / With Honors Awardee SY. 2018-2019
Certificates
Socializing Skills (capability to facilitate good interaction
with others}
Activities & Interests Communication Skills (can able to comprehend and
understand with different or wide variety of people)
Financial Managing (good at handling finances)
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
CRISTINA C. JUAN
Home Address : 40 N. De Galicia St.
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
DEJEN M. LUNTAO
Home Address : O. Fernando St., Malanday,
Valenzuela City
• Budgeting my allowance
Activities & Interests • Financial Planning
• Socializing Skills
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Computer Skills:
Knows how to use Microsoft Word, Excel, and PowerPoint.
Collaboration Skills:
Listens and acknowledge the feelings, concerns, opinions and
ideas of others. Notify others of problems in a proper manner.
Perfect Attendance Awardee SY. 2015-2016
Special Awards / Honors / With Honors Awardee SY. 2016-2020
Certificates Loyalty Awardee SY. 2014-2015
Editing (creative layouts for marketing websites,
brochures, calling cards)
Activities & Interests
Budgeting (allowance management, monitors income and
expense)
Sports (teamwork and camaraderie skills)
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
JORDAN A. MOLINA
Home Address : 34 B A. Pablo St. Karuhatan,
Valenzuela City.
Cellphone Number : 09618243694
E-mail Address : molinajordan0x@gmail.com
Date of Birth : April 29, 2003
Gender : Male
Civil Status : Single
Nationality : Filipino
YEAR
EDUCATION
GRADUATED
PAMANTASAN NG LUNGSOD AT VALENZUELA
in progress (2021)
Senior High School
VALENZUELA CITY SCHOOL OF MATHEMATICS AND
SCIENCE 2019
Junior High School
MALINTA ELEMENTARY SCHOOL
2015
Elementary School
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Communication Skills:
Can cope-up and communicate with other people.
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Website
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
38
PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Brochure
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Poster
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Business Card
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PAMANTASAN NG LUNGSOD NG VALENZUELA
Tongco Street, Maysan, Valenzuela City
Advertising Video
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