CHAPTER V

DESIGN AND DEVELOPMENT PLANS

5.1 Development Status and Staff

K-Siete Tilapia Farm is a business venture that falls under partnership which is a

small business ventures that is capable of gaining out from income by offering variety of

fresh Tilapia and other product out from Tilapia fish unto their valued customers. K-Siete

Tilapia Farm has a great income potential since it caters the customer by offering

different kinds fresh Tilapia fish and other Tilapia product to their valued clients of

Kidapawan City. It is a kind of business where it can maximize the given products,

services and income value because of its fresh Tilapia and the other delicious Tilapia

product produced from the Tilapia farm plus, their accessible location, reasonable prizes

given and excellent services offered by K-Siete Tilapia Farm.

To better understand the foreseen future plan of K-Siete Tilapia Farm, attached

below is the Projected Income Statement of the business.

Table 5.1 The K-Siete Tilapia Farm Potential Income Statement

Development Staff

K-Siete Tilapia Farm business knows that the staff or employees is one of the

backbones of the business to progress and prosper. Staff development known as the

process of which the employees, with the support of their employer, go through

professional training or pursue learning opportunities to improve their skills and grow

their knowledge and careers. K-Siete Tilapia Farm is willing to support each of the staff

to have trainings and seminars to be able to be more efficient to their customer service

that is very important to this kind of business. The staff will utilize their expertise

towards the knowledge in handling customers to offer the best of their services to each of

their clients.

5.2 Difficulties and Risks

It is acknowledged that there are risks and issues involved with development in

starting a business. K-Siete Tilapia Farm is not an exception to that, and it is important to

include assumptions regarding these aspects to be included in the business strategy. The

K-Siete Tilapia Farm business may encounter the following difficulties and risks:
• Locations: The location is the first to be mindful of while operating the K-Siete

Tilapia Farm. This is the place where the business is located. It is risky because it is

somehow located in a place that might at stake the water sources to keep the Tilapia

ponds lacking out of water when the hot season strikes.

• Health Issues: Another risk to be concerned about is the health. To begin,

pandemic is still present and K-Siete Tilapia Farm business offer services to customers

face-to-face. The risk is high whenever the Covid-19 pandemic will not be eradicated

which means our product and services offered to the customers in this industry are at

stake. Another consideration is the health and safety protocol that will apply to the

customers depending on the status of health and safety during this pandemic time.

• The Weather Condition: It has been known that the weather here in the

Philippines is already unpredictable, many reasons came out in the surface that might be

the biggest risk of fish industry. The weather condition definitely is one of the factors of

its risk. Too much hotness can affect the Tilapia fishes and the water sources of the ponds

and too much rain can also affect the fishes in the ponds. Either way can greatly give the

business a huge effect of risk.

5.3 Services Improvement and New Services

The K-Siete Tilapia Farm business is always ready for improvement especially

when it talks about the proper handling and proper preparation of the Tilapia Fishes

which is the business focus and mainstream of giving their quality of services. In this

phase, the company will conduct researches that will help the company able to

materialize and cater what the market demands in terms of Tilapia products that K-Siete
Tilapia Farm business will able to sustainably exist in the market and for the years to

come by always bringing fresh and clean Tilapia and other Tilapia products on the table

and their superb services to its most potential by innovating and creating new products,

improve the company’s services, the marketing plan and the marketing strategies to get

K-SIETE TILAPIA FARM SUPPLIES new customers

SUPPLY QUANTITY COST TOTAL COST
Tilapia Fingerlings 9,000 3/pc 27,000
and to how to
Tilapia Feeds 5 1,400/sack 7,000
keep the old and
Water Supply   20,000 20,000
Salt 10 350/sack 3,500 valued customers
Drying Trays 1 5,000 5,000
Packaging Tools 5 dozen 1,000 5,000 as well. The
TOTAL     67,500
business will keep its momentum by never let the business behind each and every

competitor they have. The company will also ensure that K-Siete Tilapia Farm will be a

trendsetter in the market.

5.4 Supplies

K-Siete Tilapia Farm supplies that are needed in the operationto start are listed

below:

Table 5.2 The K-Siete Tilapia Farm Supplies

5.5 Materials and Equipment

 K-Siete Tilapia Farm Materials and Equipment needed in the operation.

Table 5.3 The K-Siete Tilapia Farm Materials and Equipment