Chupotato

es
Submitted by:

Dagsil, Chris Allen

Nonato, John Carlo J.
Dela Cruz III, Dominador
Bibon, Irish
Herrera, Ralph E.
De Jesus, Jomalyn L.
Bugaring, Jimuel C.
Eñola,Joennel Philip M.
Eldialde, Dean Patrick
Bermejo, Wenard Esperanza

Submitted to:
Sonia Delos Reyes
Professor

2nd Semester 2020 – 2021

Background
Potatoes are a starchy, tuberous, important staple food crop in the
world and especially in the Philippines. Potatoes are grown in a wide
range of soils. However, an ideal organic matter for its cultivation
process must be deep, crumbly, and well-drained soils. Potatoes are
used for several industrial purposes and served in different fast food
services as a side dish together with a meal.
Churros are a traditional fried-dough pastry with Spanish and
Portuguese origins. They are considered snacks in the Philippines and
Ibero-America. Churros are thin, sometimes knotted, or long and thick.
It is normally accompanied with a dip like champurrado, hot chocolate,
dulce de leche, and often sprinkled sugar on top. It is prepared freshly
and sold hot in street stands.
The dough used in making churros is a mixture of flour, water, and
salt and some variations make use of potato dough. The proponents
decided to use potatoes native in the Philippines to give the churros a
more vivid Filipino touch.
Business Name
A trade name, trading name, or business name is a pseudonym
used by companies to perform their business under a name that differs
from the registered, legal name of the business.
It is also a combination of words or symbols that uniquely identifies
a business or firm instead of a good or service (also called “trade
name”)
“Chupotatoes” is the proponents’ business name. It is a word play
on the words “churros” which is Spanish and Mexican pastry
resembling a doughnut made from deep-friend unsweetened dough
and sprinkled sugar and “potatoes”.

Objectives
Objectives are specific procedures for achieving a goal. These are
the steps that you need to take in order to achieve your desired goals.
1. To serve the customers with innovative churros with a choice
of dips or ice cream.
2. To enhance the skills in handling the business.
3. To create new flavors and combinations while playing with
colors and taste.
Possible Problems

 Fast food chain is very new and not yet established.

 Funds are available but very limited as much was spent in
promotion and store openings.
 Chupotatoes offer a product which is based off another that is
already available on the market or is much more established.
 Customers tend to not take a risk in trying our food because of
the unfamiliarity.
 Publicity depends on word-of-mouth or positive social media
posts and reviews.

Threats

 Competitors may have similar concepts of the business.

 Competitors may have similar price-based of the products.
 Other competitors who have huge advertising budgets can
threaten this business’ campaign.
 Lack of attention from customers which prefer other known food
stalls.
 The arrival of some new French fries’ food production business
or fast food restaurant in same location where ours is located.
 Customers changing their lifestyles toward healthier foods.
Schedules
Chupotatoes will execute the following:
1. The store will open at 10:00 in the morning and close at 9:00
in the evening.
2. Business hours will be from 10 am onwards.
3. Each employee will render 8 or above working hours every
day.
 Financial Plan / Estimated Budget

One of the most important factors should be given considerations in

starting up the business is the mode of the financing, for it is greatly
affects the business.

Every business should have a proper understanding for its financial

conditions wherein it will be able to cope up with all business
transactions that the company engages in.

A. Capital Requirements

PARTNER’S EQUITY

Name of Partner Share Contribution

Dagsil Chris Allen 10% 500,000
Nonato, John Carlo 10% 500,000
Dela Cruz III, 10% 500,000
Dominador
Herrera, Ralph 10% 500,000
Irish Bibon 10% 500,000
De Jesus, Jomalyn 10% 500,000
Bugaring, Jimuel 10% 500,000
Enola, Philip 10% 500,000
Eldialde, Dean Patrick 10% 500,000
Bermejo, Wenard 10% 500,000
Esperanza
TOTAL 100% 5,000,000.00
 Chris Allen Dagsil, John Carlo Nonato, Dominador Dela Cruz III,
Ralph Herrera, Bibon Irish, Jomalyn De Jesus, Jimuel Bugaring,
Philip Enola, Dead Patrick Eldialde, and Wenard Esperanza
Bermejo have an equal amount of P500,000.00 contribution owns
the 100 percent of the enterprise. Each has 10 percent share to the
enterprise’s profit.

B. Pre – operating and operating expenses

Pre – operating expenses are the expenses incurred by the
business prior to its actual operation while operating expenses are
the expenses incurred by the business operation.

RENT EXPENSES

Monthly Rent Prepaid Rent

39,000.00 117,000.00

TOOLS

Item/Tools Quantit Unit Price Amount

y
Measuring spoon (by set) 1 358.00 358.00
Measuring cup (by set) 2 240.00 480.00
Mixing bowl 6 200.00 1,200.00
Rubber spatula (by set) 2 405.00 810.00
Tongs (by set) 4 82.50 330.00
Piping Bag (100pcs) 1 377.00 377.00
Piping Nozzle(3pcs) 2 100.00 200.00
Casserole/Stockpot(set) 1 2,000.00 2,000.00
TOTAL 5,755.00
MACHINERIES AND EQUIPMENT

Machinery Quantity Unit Price Amount

Refrigerator 1 7,500.00 7,500.00
Juice dispenser(set) 2 9,500.00 19,000.00
Ice cream dispenser(set) 2 10,000.00 20,000.00
Peeling Machine 1 20,400.00 20,400.00
Fryer 1 16,830.00 16,830.00
Chiller 1 13,000.00 13,000.00
Stove 1 21,981.00 21,981.00
TOTAL 118,711.00

FURNITURES AND FIXTURES

Quantity Unit Price Amount

Chair and Tables (by set) 8 500.00 4,000.00
Kitchen Drawer 1 2,000.00 2,000.00
Kitchen Table 1 1,500.00 1,500.00
TOTAL 7,500.00

MISCELLANEOUS

Quantit
Unit Price Amount
y
Plastic Gloves (100 pcs/box) 1 450.00 450.00
Tissue (by pack) 2 50.00 100.00
TOTAL 550.00

PACKAGING AND LABELING

 Amount
Packaging and Labeling 10,000.00
Cups(12oz) 1,500.00
TOTAL 11,500.00

TAXES AND LICENSES

Taxes and Licenses Amount

Registration, Permits etc. 22,000.00

PETTY CASH FUND

Petty Cash Amount

Petty Cash 50,000.00

ADVERTISING EXPENSES

Mode of Quantity Unit Price Amount

Production
Tarpaulin/
Annually 4 250.00 1,000.00
Banners
Flyers Semi - annually 250 0.50 125.00
TOTAL 1,125.00
 SALARIES AND WAGES

Number
Salaries and wages of Monthly Rate Amount
Employee
General Manager 1 Php30,000 Php30,000
Operation Manager 1 Php22,000 Php22,000
Financial Manager 2 Php22,000 Php44,000
Quality Manager 2 Php22,000 Php44,000
Cooks 3 Php16,650 Php49,950
Cashiers 2 Php15,360 Php30,720
Maintenance Crew 2 Php15,360 Php30,720
Social Media Managers 2 Php15,360 Php30,720
SSS Contribution
1 Php1,178 Php1,178
(General Manager)
SSS Contribution
5 Php1,178 Php5,890
(Managers)
SSS Contribution
3 Php581.30 Php1,743.9
(Chef)
SSS Contribution
6 Php563.20 Php3,379.2
(Crew and Staff)
PAG - IBIG Contribution 15 Php100 Php1,500
PhilHealth Contribution
1 Php375 Php375
(General Manager)
PhilHealth Contribution
5 Php275 Php1,375
(Managers)
PhilHealth Contribution
3 Php200 Php600
(Chef)
PhilHealth Contribution
6 Php187.50 Php1,125
(Crew and Staff)
TOTAL Php299,276.1

UTILITIES
 Utilities Amount
Electricity 6,000.00
Water 1,000.00
Gas 1,120.00
TOTAL 8,120.00
SALES
Cost of sales per 520 small, 347 medium and 173 large serving of
Chupotatoes.

SMALL
Total cost of raw 520 packaging Total
materials and labelling

Potatoes 1250 22.12 1272.12

Flour 190 22.12 112.12
Egg 368 22.12 390.12
Butter 400 22.12 422.12
Sugar 150 22.12 172.12
Salt 40 22.12 62.12
Vegetable 210 22.12 232.12
Oil
Mustard 100 22.12 122.12
Lemon 335 22.12 357.12
Cocoa 518 22.12 540.12
Powder
Milk 420 22.12 442.12
Cheese 250 22.12 272.12
Ketchup 260 22.12 282.12
BBQ 615 22.12 637.12
Sauce
Soy Sauce 200 22.12 222.12
Vinegar 165 22.12 187.12
Cornstarch 105 22.12 127.12
Pineapple 438 22.12 460.12
Juice
Vanilla 117 22.12 139.12
Extract
 MEDIUM
Total cost of raw 347 packaging Total
materials and labelling

Potatoes 1250 33.14 1283.14

Flour 190 33.14 123.14
Egg 368 33.14 401.14
Butter 400 33.14 433.14
Sugar 150 33.14 183.14
Salt 40 33.14 73.14
Vegetable
210 33.14 243.14
Oil
Mustard 100 33.14 133.14
Lemon 335 33.14 368.14
Cocoa
518 33.14 551.14
Powder
Milk 420 33.14 453.14
Cheese 250 33.14 283.14
Ketchup 260 33.14 293.14
BBQ
615 33.14 648.14
Sauce
Soy Sauce 200 33.14 233.14
Vinegar 165 33.14 198.14
Cornstarc
105 33.14 138.14
h
Pineapple
438 33.14 471.14
Juice
Vanilla
117 33.14 150.14
Extract
 LARGE
Total cost of raw 173 packaging Total
materials and labelling

Potatoes 1250 66.47 1316.47

Flour 190 66.47 256.47
Egg 368 66.47 434.47
Butter 400 66.47 466.47
Sugar 150 66.47 216.47
Salt 40 66.47 106.47
Vegetable
210 66.47 276.47
Oil
Mustard 100 66.47 166.47
Lemon 335 66.47 401.47
Cocoa
518 66.47 584.47
Powder
Milk 420 66.47 486.47
Cheese 250 66.47 316.47
Ketchup 260 66.47 326.47
BBQ
615 66.47 681.47
Sauce
Soy Sauce 200 66.47 266.47
Vinegar 165 66.47 231.47
Cornstarc
105 66.47 171.47
h
Pineapple
438 66.47 504.47
Juice
Vanilla
117 66.47 183.47
Extract

ACTUAL PRODUCT COST PER SERVING

Classic Classic Classic with Ice Classic with Drink

 with with
Cream and Ice Cream
Dip Drinks
Small 30 38 43 51
Medium 53 61 66 74
Large 65 73 78 86
COST OF SALES

Small
  Daily Weekly Monthly Quarterly Yearly
Potatoes 1,250 8,750 38,750 116,250 456,250
Flour 190 1,330 5,890 17,670 69,350
Egg 368 2,576 11,408 34,224 134,320
Butter 400 2,800 12,400 37,200 146,000
Sugar 150 1050 4650 13,950 54,750
Salt 40 280 1240 3,720 14,600
Vegetable oil 210 1,470 6,510 19,530 76,650
Vanilla Extract 117 819 3,627 10,881 42,705
Mustard 100 700 3,100 9,300 36,500
Lemon 335 2,345 10,385 31,155 122,275
Cocoa Powder 518 3,626 16,058 48,174 189,070
Milk 420 2,940 13,020 39,060 153,300
Cheese 250 1,750 7,750 23,250 91,250
Ketchup 260 1,820 8,060 24,180 94,900
BBQ sauce 615 4,305 19,065 57,195 224,475
Soy Sauce 200 1,400 6,200 18,600 73,000
Vinegar 165 1,155 5,115 15,345 60,225
Cornstarch 105 735 3,255 9,765 38,325
Pineapple Juice 438 3,066 13,578 40,734 159,870
 
Medium
  Daily Weekly Monthly Quarterl Yearly
y
Potatoes 1,667 11,669 51,677 155,031 608,455
Flour 254 1,778 7,874 23,622 92,710
Egg 491 3,437 15,221 45,663 179,215
Butter 534 3,738 16,554 49,662 194,910
Sugar 200 1,400 6,200 18,600 73,000
Salt 54 378 1,674 5,022 19,710
Vegetable oil 280 1,960 8,680 26,040 102,200
Vanilla Extract 156 1,092 4,836 14,508 56,940
Mustard 134 938 4,154 12,462 48,910
Lemon 447 3,129 13,857 41,571 163,155
Cocoa Powder 691 4,837 21,421 64,263 252,215
Milk 560 3,920 17,360 52,080 204,400
Cheese 334 2,338 10,354 31,062 121,910
Ketchup 347 2,429 10,757 32,271 126,655
BBQ sauce 820 5,740 25,420 76,260 299,300
Soy Sauce 267 1,869 8,277 24,831 97,455
Vinegar 211 1,477 6,541 19,623 77,015
Cornstarch 140 980 4,340 13,020 51,100
Pineapple Juice 584 4,088 18,104 54,312 213,160
 Large
  Daily Weekly Monthly Quarterl Yearly
y
Potatoes 2,084 14,588 64,604 193,812 760,660
Flour 318 2,226 9,858 29,574 116,070
Egg 614 4,298 19,034 57,102 224,110
Butter 668 4676 20,708 62,124 243,820
Sugar 250 1,750 7,750 23,250 91,250
Salt 68 476 2,108 6,324 24,820
Vegetable oil 350 2,450 10,850 32,550 127,750
Vanilla Extract 195 1,365 6,045 18,135 71,175
Mustard 168 1,176 5,208 15,624 61,320
Lemon 559 3,913 17,329 51,987 204,035
Cocoa Powder 864 3,626 16,058 48,174 189,070
Milk 700 2,940 13,020 39,060 153,300
Cheese 418 1,750 7,750 23,250 91,250
Ketchup 434 3,038 13,454 40,362 158,410
BBQ sauce 1,025 7,175 31,775 95,325 374,125
Soy Sauce 334 2,338 10,354 31,062 121,910
Vinegar 275 1,925 8,525 25,575 100,375
Cornstarch 175 1,225 5,425 16,275 63,875
Pineapple Juice 730 5,110 22,630 67,890 266,450