Flavored Ice Candy; Business Plan

BUSINESS PLAN

FLAVORED ICE CANDY

HoneyCoolJanJul

San Isidro National High School

CONTACT:

Coolin Umpay

Janice Suan

Honey Grace Presente

Julius Suarez

Cellphone Number: 09383895324

EMAIL: janicesuan10@gmail.com
Flavored Ice Candy; Business Plan
TABLE OF CONTENTS

Executive Summary ………………………………………………………………………. 1

Problem Need Identification ……………………………………………………………… 2

Statement of Vision, Mission, Values ……………………………………………………. 3

Marketing Plan…………………………………………………………………………….. 4

Production Plan …………………………………………………………………………… 5-6

Organizational Plan ……………………………………………………………………….. 7

Operational Plan …………………………………………………………………………8-9

Financial Plan …………………………………………………………………………10-13

Flavored Ice Candy; Business Plan
Flavored Ice Candy; Business Plan
EXECUTIVE SUMMARY

Our product focuses on providing an affordable, nutritious flavored ice candy. Our product fits nicely
in promoting good nutrition. We want our flavored ice candy as affordable as possible.

Flavored Ice Candy will primary serve the students, teachers, staffs and stakeholders of the school.
We also aim to produce fruit flavored ice candy to our nearby communities. We have identified
competitors in our barangay namely Torino’s Store and Xander’s Store. In order to compete in the
market, we decided to give premiums to our regular customers and ensure the quality.

To guarantee the quality of our product, the following steps will be done respectively (inventory and
estimation of the no. Flavored ice candy to be frozen, purchase ingredients and new materials,
production and packaging, selling and delivery, monitoring and evaluation). We aim to manufacture
80 ice candy per day.

Our product projects to earn P50,265.6 yearly gross income and will have a net profit of P8,4438.00.
In year 2, we are expecting to gain P10,162.08 net income and P12,151.30 in year 3. This means the
we are going to earn 20% increase each year.

The initial capital of our business is P10,000.00. Our source of fund will be accumulated from the
teachers who are willing to invest in the business.The profit will be divided annually with equal
share amount to the investors.

PROBLEM/NEED IDENTIFICATION
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Flavored Ice Candy; Business Plan

 The need to consume affordable flavored ice candy.

 To provide good bond with ice filled with fruit flavors that will fit to the budget of the students.

 The affordable healthy and nutritious ice candy consumed boosts student energy, can cool them
down, stress reliever, increases the rate of relaxation especially if the water is hot and students
can afford buying the product.

 To offer to the consumers a product of good quality impressive presentation.

STATEMENT OF VISION, MISSION and VALUES

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Flavored Ice Candy; Business Plan
Vision

To inspire healthier communities by connecting people to nutritious and affordable Flavored ica
candy products

Mission

Aims to produce affordable healthy nutritious products to the school, community and other
stakeholders.

Values

 High Standard of hard work, hygiene and sanitation in ice candy preparation and handling

 Proper grooming and etiquette of the personnel involved in making the product.

 Guarantee customers good services and offers entertainment.

 Prompt, fast and accurate and best service to the customers.

 Create a support system for fruits that as well as promoting nutritious ice candy.

MARKETING PLAN

A. Research and Analysis

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Flavored Ice Candy; Business Plan

Students nowadays are finding something that they can cool them down as the weather
indulged so much. This is what the proponents have found out in their recent survey of the
students’ preference ice candy. The team was also able to found out that the school canteen in
the location lacks variety of ice candy to offer to the students. Basing also on the students’
responses, they are not already satisfied with the food the canteen is offering. In line with this,
the proponents thought of coming up with a nutritious but affordable ice candy.

The proponents have also found out that Flavored Ice Candy have seen to be abundant in the
area of study. They are excellent source of sugar that produces energy which the students mostly
need to be able to perform all the school tasks. They also reduce the risk of heat stroke. In total,
Flavored Ice Candy is one of the dessert that everyone can be interested into.

With these facts in mind, the proponents have come up with a nutritious and affordable
Flavored Ice Candy – the ice candy which will cater the need of the students. The market will be
the students of the school, may they be stress by the heat or not; and the community as well.

B. Marketing Strategies

 Personal selling, advertisement, publicity and sales promotion.

 School canteen, stall in a specified area, small businesses and accept orders

 Promoting the product for extension or franchising to expand the business

 Promoting the product using social media

 Buy 10 + 1

 School and other nearby communities

PRODUCTION PLAN

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Flavored Ice Candy; Business Plan

A.Detailed Description of Product/Services

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Flavored Ice Candy; Business Plan

 Flavored Ice Candy selling fruit flavored

 The individual finished products will be pack in the cellophane material.

 The consumers will choose if what particular variety of fruits flavored they will buy.

 Flavored Ice Candy has varieties in terms of fruit flavor and texture using fruit as the main
ingredient.

A. Operating Strategies

 Flavored Ice Candy will need raw materials to produce the goods to be sold. These include:
fruits (mango,durian, avocado, buko), condense, matling and white sugar.

 Raw materials will be purchased at Batobato Public Market located at San Isidro, Davao
Oriental.

 The proponents tried to interview the teachers and some students by offering them a free taste
and made a comment after.

ORGANIZATIONAL PLAN

A. Team Members

Flavored Ice Candy

Functional Type Organizational Chart

Ms. Helen A. Te
Principal 6
 Flavored Ice Candy; Business Plan

Mr. Fehjie Española

Entrepreneurship Teacher

Coolin E. Umpay Janice M. Suan Julius Suarez Honey Grace Presente

Production Purchaser Delivery Sales

B. Contribution to the Business

 Principal - responsible for the management and accountability of the business itself.

 Entrepreneurship Teacher - the one who supervises the whole operation and production of the
business.

 Coolin Umpay/Production - they are the one who is in-charge in the production and quality
assurance of the product.

 Janice Suan /Purchaser - they are the one who is in-charge of the purchase of the raw materials
or ingredients.

 Julius Suarez/Delivery - they are the one who is in-charge of the delivery of the product.

Honery Grace Presente/Sales - responsible for the promotion of the product in terms of
advertisement, personal selling and publicity.

OPERATIONAL PLAN

A. Work Flow

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Flavored Ice Candy; Business Plan

Inventory and estimation

of the no. of Flavored Ice
Candy ( 6hrs.-12hrs.) Purchasing Raw Materials

(3 hrs)

FLAVORED ICE CANDY

Monitoring & Evaluation

(1 day)
Production & Packaging

(6hrs)

B. Monitoring and Evaluation

Flavored Ice Candy will manufacture at least 80 pieces of ice candy per day. It takes three hours
for purchasing raw materials and four hours for the production and packaging. The monitoring and
evaluation will take whole day. Furthermore, the inventory and estimation of the number of flavored
ice candy to be bake takes 6 hrs. - 12hrs as well.

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Flavored Ice Candy; Business Plan

FINANCIAL PLAN

Moringa Cookies will need at least PhP 65, 000.00 to start its operation in the market. This will
be coming from the investements of the teachers who are willing to be involved in entrepreneurial
practice. The fix cost amounting to PhP16, 725.00 are coming from MOOE.

The capital share will be given back after a year. The profit will be divided annually with equal
share amount to the teachers who invested in the operation

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Flavored Ice Candy; Business Plan
Raw Materials needed for the Business

Table 1.1

Raw Materials Quantity Price Total

Matling 2 cups/1kg. Php 30.00 kg Php 15.00
Condense 1 can Php 33.00 Php 33.00
White Sugar 2 cups/1kg. Php 60.00 kg Php 30.00
Durian ½ / 1kg. Php 40.00 kg Php 20.00
Mango ½ /1kg. Php 60.00 kg Php 30.00
Avocado ½ /1kg. Php 30.00 kg Php 15.00
Packaging 1 pack Php 25.00 Php 25.00
TOTAL Php 158.00
Table 1.2

Total cost recipe x total number per
making = Total Daily Expenses
Php 158 x 1 = Php 158.00
Capital Equipment
Total Daily expenses x number of
school days in a month = Monthly
Expenses (Raw Material)
Php 158 x 22 = Php 3,476.00

Table 2

EQUIPMENTS PRICE
ICE BOX ₱200
TUPPERWARE(BIG) ₱200
HAIRNET ₱20
APRON ₱50
TOTAL ₱470

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Flavored Ice Candy; Business Plan
Monthly Expenses

Table 3.1 Table 3.2

Fixed Cost Variable Cost

Advertisemen Php 300.00 Raw Materials Php 3,476.00

t
Transportation Php 400.00
Utility Php 400.00
Expenses Miscellaneous Php 500.00

Total Fixed Php 700.00 Total Variable Php 4,376.00

Cost Cost

Table 3.3

Total Fixed Cost + Total Variable Cost = TOTAL COST

Php 700.00 + Php 4,376.00 = Php 5,076.00
Projected Revenue

Table 4.1

Ice Candy Costing Project Daily Projected Monthly Yearly

Volume Revenue Volume Revenue Projected
(perpiece) Revenue
MONTHLY
DAILY
Flavored C=1.98 80 190.4 453.15 4,188.8 50,265.6
Ice Candy
M=0.40

SP=2.38

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Flavored Ice Candy; Business Plan
Legend:

C-Cost

M-Mark up

SP-Sale Price

Monthly Projected Revenues

Table 4.2

JAN FEB MAR APR MAY JUNE

REVENUE 4,188 4,188 4,188 4,188 4,188 4,188

Cost/ 3,484.8 3,484.8 3,484.8 3,484.8 3,484.8 3,484.8

Expenses

Projected 703.2 703.2 703.2 703.2 703.2 703.2

Net Income

JULY AUG SEPT OCT NOV DEC

REVENUE 4,188 4,188 4,188 4,188 4,188 4,188

Cost/ 3,484.8 3,484.8 3,484.8 3,484.8 3,484.8 3,484.8

Expenses
Projected 703.2 703.2 703.2 703.2 703.2 703.2
Net Income

Project Income Statement

Table 5

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Flavored Ice Candy; Business Plan
FLAVORED ICE CANDY

PROJECTED INCOME STATEMENT for the YEARS

ENDED

2019-2020

2019 2020 2021

REVENUE 50,265.6 60,318.72 72,382.46
Cost/Expenses 41,817.6 50,181.12 60,217.34
Projected Net 8,438.4 10,126.08 12,151.30
Income

Allocation of Net Proceeds

Table 6

PARTICULARS PERCENTAG Total Income Total Income Total Income

E
2019 2020 2021
Total Fund for 20% 10,053.12 12,063.74 14,476.49
Projects
Students 45% 22,619.52 27,143.42 32,572.11
Facilitators/ 30% 15,079.68 18,095.62 21,714.74
Coordinators

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Flavored Ice Candy; Business Plan
School Head 5% 2,513.28 3,015.94 3,619.12
TOTAL 100% 50,265.6 60,318.72 72,382.46

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