UNIVERSITY OF CEBU LAPU LAPU & MANDAUE

A. C. CORTES AVE. LOOC, MANDAUE CITY

IN PARTIAL FULFILLMENT OF THE REQUIREMENTS

IN

ENTREPRENEURSHIP

A BUSINESS

PLAN OF

TAHOC BY TASTY SIPPERS COMPANY

SUBMITTED BY:

Antigo, John Carlo Lastima, Kyle Filmer. Sandal, Josh

Banaag, Kenneth Maglasang, Khayle Sobretodo, Kein Lester

Faburada, John Mark Maquilan, Renyl Zaspa, Christian Dave

Lagahit, Yanzy Reyes, Kim Bryan Mapute, Alrein Kaye

SUBMITTED TO:

Ms. Ethel Jeane Reyes

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ACKNOWLEDGEMENT

We, the entrepreneurs, like to express our sincere appreciation and wholehearted gratitude to the individuals that

provided guidance, teaching, and support to us. We like to recognize and extend our deepest thanks to the following people

who helped us fulfilling this business plan.

Our parents, for constantly loving and supporting us.

Our classmates, for collaborating and exchanging knowledge in challenging times in creating the parts of this busi -

ness plan.

Ms. Ethel Jeanne Reyes, for her constant encouragement and guidance, to have the persistence, and patience in

creating this business plan.

Above all, to God Almighty and our Savior Jesus Christ, who gave us the principles of hope, honesty, and will, which

assisted us in persevering and accomplishing this business plan.

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BUSINESS PLAN

Tasty Sippers’ Tahoc

christiandavev.zaspa@gmail.com

Sitio Camolinas, Barangay Poblacion, Cordova, Cebu

Mr. Christian Dave V. Zaspa

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INTRODUCTION

Taho is the most well-known street delicacy in the Philippines made from arnibal (caramel), tofu, and sago pearls.

The traditional selling of Taho is through vendors called magtataho, which stroll around a city's business district, village, or

fares to sell the snack. Although the conventional Taho is a popular snack and highly marketable, it has a low demand for

commercial use due to minor changes in the Taho Industry to its marketing and changes in servings, flavors, and add-ons.

Considering this, The Tasty Sippers Company innovated a modernized version of the traditional Taho, Tahoc, which provides

alterations to the Taho, which offers plentiful choices to its consumers while retaining the characteristics of the Filipino Taho.

DESCRIPTION OF THE BUSINESS

The Tasty Sippers Company provides abundant options on alterations adhering to the traditional Taho, a popular

Filipino delicacy. The company's changes on the Taho modernized it through varying serving sizes, flavorings, and add-ons

through its product, Tahoc. Tahoc provides flavors such as the classic arnibal, strawberry, pandan, ube, and chocolate and

serves in cups that are extra small, small, medium, large, or extra-large serving sizes. Its serving can also be hot or cold and top

off with add-ons or toppings such as the Taho ice cream. With this, Tahoc provides consumers choices of choosing their

favorite flavors and add-ons with different serving temperatures and sizes based on their preference for their Tahocs.

LOCATION OF THE BUSINESS

The location of the business will be at the food market near Cordova Roro Port at Sitio Camolinas, Barangay

Poblacion, Cordova, Cebu. It is an area beside the Cordova Roro Port Road converted into a public park and marketplace. It

also connects to the M.L. Quezon National Highway, Cordova, Cebu, which leads to the business district of Cordova and

distinguished resorts, such as the Solea Mactan Resort, Solea Palms, and Solea Seaview Resort. With this, it generates foot

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traffic in the area from individuals such as motorists, tourists, and locals due to its position between transportation hubs,

gathering venues, and the business district of Cordova.

FUNDING REQUIREMENTS AND SOURCES OF FUNDS

White Sugar ₱ 5,000.00

Chocolate flavoring ₱ 1,000.00

Condensed Milk ₱ 3,000.00

Heavy cream ₱ 3,500.00

Pandan Flavoring ₱ 1,000.00

Soy ₱ 10,000.00

Sago pearls ₱ 1,300.00

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Strawberry flavoring ₱ 1,000.00

Tofu coagulant powder ₱ 8,000.00

Ube flavoring ₱ 1,000.00

TOTAL ₱ 34,800.00

Table 1.1 .Direct Materials

Blender ₱ 700.00

Gas ₱ 1,000.00

Cooking stove ₱ 1,800.00

Cafe table and chairs ₱ 9,000.00

Cash register ₱ 10,000.00

Computer set ₱ 12,000.00

Computer table ₱ 1,500.00

Cooking pots ₱ 2,500.00

Fans ₱ 3,000.00

Fire extinguisher ₱ 3,100.00

Ladles ₱ 1,000.00

Light fixtures ₱ 10,000.00

Measuring cups ₱ 600.00

Measuring spoons ₱ 600.00

Mixing bowls ₱ 800.00

Portion cups ₱ 800.00

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Printer ₱ 3,000.00

Production table and chairs ₱ 2,000.00

Refrigerator ₱ 20,000.00

Saucepans ₱ 700.00

Serving trays ₱ 300.00

Spatulas ₱ 200.00

Trash bin ₱ 1,200.00

Water dispenser ₱ 500.00

Whisks and stirrers ₱ 200.00

TOTAL ₱ 86,500.00

Table 1.2. Supplies and Equipment

Plastic cups ₱2,000.00

Plastic take-out bags ₱ 1,500.00

Straw and spoons ₱ 1,000.00

Sticker labels ₱500.00

Motorcycle (Yamaha Mio 125i) ₱ 76,000.00

TOTAL ₱ 81,000.00

Table 1.3. Packaging and Delivery

Water ₱ 1,500.00

Internet ₱ 1,700.00

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Electricity ₱ 2,500.00

TOTAL ₱ 5,700.00

Table 1.4. Utilities

Salaries ₱ 128,144.000

SSS ₱ 3,910.80

PAG-IBIG ₱ 940.00

PhilHealth ₱ 400.00

TOTAL ₱ 133,394.80

Table 1.5. Salaries and Benefits

Barangay clearance ₱ 80.00

BFAD registration ₱ 250.00

BIR registration fee ₱ 500.00

Maintenance expenses ₱ 10,000.00

Mayor's business permit ₱ 3,000.00

Renovation expenses ₱ 20,000.00

Rent ₱ 3,000.00

Sanitary permit ₱ 1,000.00

SEC Registration ₱ 3,030.00

Signboard ₱ 8,500.00

TOTAL ₱ 49,360.00

Table 1.6. Initial Expenses for Operation

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Direct Materials ₱34,800.00

Supplies and Equipment ₱ 86,500.00

Packaging and Delivery ₱ 81,000.00

Utilities ₱ 5,700.00

Salaries and Benefits ₱ 133,394.80

Initial Operating Expenses ₱ 49,360.00

TOTAL ₱ 390,754.00

Table 1.7. TOTAL FUNDING REQUIREMENTS

The table above exhibits the funding requirements for the company and its establishing business. Considering the

list, the company proposes a ₱390,754.00 funding requirement for the business capital. The source of the business funds will

primarily stem from the company's partners and creditors; the capitalist partner will provide ₱100,000.00, and three

₱100,000.00 will be from general, limited, and unlimited partnerships. The company will also loan ₱100,000.00 with a 1.00%

interest rate in 3 years from the Perpetual Help Community Cooperative (PHCCI). In total, the starting capital of the business

will be ₱500,000.00, and the excess will serve as the business' cash fund.

EXECUTIVE SUMMARY

VISION

To promote the Filipino culture by modernizing its snacks and beverages for their affordability, quality, and

marketability for consumers' preferences and satisfaction.

MISSION

Tasty Sippers carries to provide certified, high-quality, and competitively inventive beverages. The company strives

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to promote the Filipino culture and serve with accountability by utilizing innovative methods for the public's well-being.

GOALS

 Offers products that focus on affordability and quality to the customer's preferences.

 Provides services that concentrate on the customer's convenience and satisfaction.

 Promote Filipino culture through innovating its snacks and beverages for commercial marketability.

OBJECTIVES

 To produce excellently valued products with cost-effective methods.

 To provide satisfactory and convenient customer service.

 To promote Filipino delicacies for their commercial marketability.

 To embrace the changes and growth of the food and beverage industry for the company's products to be competi -

tive in the industry.

 To commit to the constant improvement of the company's products through the company's flexibility and adapt-

ability to the changes in the market.

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BUSINESS MODEL

The company's business model is under a partnership structure comprising general, limited, unlimited, and

capitalist partners for the funding and an industrialist partnership for the service sector. All of them have individual roles that

provide the authority to manage the business for income generation considering the company's Vision, Mission, Goals, &

Objectives. Considering that it focuses on beverage production, it is under the manufacturing type of business as it produces

goods from raw ingredients from suppliers. Suppliers provide the required materials for the production of products for the

accommodation of customers' demands. The company also requires employees and staff for the workforce for the

productivity and stability of the business. The business' financing will stem from the capital through the capitalist partnership

and investors in exchange for a share in its profit. With this support, it will be sustainable for its future and competitively adapt

to the changes in the market.

BUSINESS AND PRODUCT POSITION

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The business location is in the Sitio Camolinas, Barangay Poblacion, Cordova, Cebu. The regarded area is a food

market for motorists, tourists, and locals as it is a public park with food stalls and outlets set down on the site. It is beside the

Cordova Roro Port Road that connects to the M.L. Quezon National Highway and is a center for transportation hubs, gathering

venues, and the business district of Cordova. The area is advantageous for sales due to the foot traffic generated by the

frequent visitation of individuals in the location, and beverage products are favorable here as individuals would like to quench

their thirst or snack for their hunger as they continue to travel the park. Considering this, the company's product, Tahoc, is a

modernized version of the classic Filipino beverage delicacy, Taho, which is refreshing and filling. The Taste Sippers Company's

campaign for their product's marketing and advertisement will consistently hold its brand's identity: popular food innovation

for global customer satisfaction.

WEALTH & IMPROVEMENT APPROACHES

For the Taste Sippers Company to maintain the status of the business, the company will validate that perspective

and criticism of the consumers of the products. Their evaluations will serve as an advantage to the company's management,

innovative methods, and marketability. The improvement of the company will utilize the application of examination and

analysis of the target market preferences. Improving the required components of the business will also use the

implementation of the consumer's assessment and feedback.

Implementing surveys and inquiries on the aspects of the products, such as the taste, presentation, and cost can

grasp the recognition of consumers and investors. The business will establish its promotional titles on social media platforms.

Through social media platforms, it can grab the attention of individuals through their recommendation system and efficiently

provide information about the business for the accommodation and convenience of the consumers.

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In conclusion, the company's standards will set up the product's cost-effectiveness and consistency in its quality. With these

standards and pursuing the company's goals, it will determine suitable, satisfactory methods and the appropriate skills within

the company and its members for the benefit expenses for required materials.

PARTIES SUPPORTING THE BUSINESS

 Consumer

The business target market is individuals belonging to Generation Z that frequently purchase high-qual-

ity ready-to-drink tapioca pearl beverages. These consumers are presumably born from 1997 to 2012 with ages

nine to 24 and are regular visitors of the food market near Cordova Roro Port. Consumers provide support to the

company through their purchases of the products and their assessment and feedback. The company will take ad-

vantage of this opportunity to provide new and improved services to the customers for their satisfaction through

its products.

 Suppliers

Suppliers are individuals that supply the company with the materials required for the product's cre-

ation. They also provide services and equipment that assist the company in producing the products and their distri -

bution to the customers. On the condition that the company attain its goal of marketing and selling its products, it

incentivizes the suppliers to supplement the company's business with services and materials for the products. The

supplier of the primary ingredients of the Tahoc, such as the sago, arnibal, and tofu, will be the Happy Soy from

Tipolo, Mandaue, Cebu City. For the Tahoc serving cups, its supplier will be the Cebu Foodstuff and Packaging from

Tipolo, Mandaue, Cebu City. Other ingredients and add-ons of the Tahoc, such as flavorings and toppings, are ac -

cessible and purchasable directly from supermarkets within Lapu-Lapu City, Cebu.

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 Employees and Staff

The employees and staff are the company's assets that complete the operation of the business. These

individuals are the ones that provide contributions to the functionality and stability of the company. They sought

to achieve their pinnacle goal and attain their objectives set within an outlined period.

 Creditors

The creditor of the business is the Perpetual Help Community Cooperative (PHCCI), located in Mactan,

Lapu-Lapu City, Cebu, Philippines. The cooperative financial organization lends the company of PHP 100,000.00

with a 1.00% interest rate in 3 years.

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BUSINESS DESCRIPTION

PRODUCT DESCRIPTION

Tasty Sippers Company offers Tahoc, a modernized version of the popular Filipino delicacy, Taho. Tahoc provides

plentiful choices to its consumers in its serving through varying serving flavorings, sizes, and add-ons. Flavors such as the

classic arnibal, strawberry, pandan, ube, and chocolate give the consumers the choice of choosing their favorite flavors or

staying classical to the taste of the Filipino Taho. Its serving sizes range extra-small, small, medium, large, and extra-large cup

sizes. Lastly, the serving of the Tahoc can also be hot or cold, and consumers can put add-ons or toppings such as extra sago

or the Taho ice cream with the flavorings of their preference.

EQUIPMENT/MATERIALS NEEDED

The following materials and equipment are requirements for the production of the production:

 Apron

 Blender

 Butane stove and gas

 Cloth strainers

 Cooking pots

 Hairnet

 Ladle

 Measuring cups

 Measuring spoons

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 Mixing Bowls

 Plastic gloves

 Portion cups

 Production table and chairs

 Refrigerator

 Saucepan

 Serving trays

 Spatulas

 Whisks and stirrers

SIZE OF THE BUSINESS

The company will be opening a small business for observation and assessment of the company's product

favorability within the chosen location, together with the customer's feedback. A 20-square-meter area is sufficient for the

business stall fronted with three cafe tables and four chairs per table. The business location will be at the center of the food

market in Roro, Cordova, as people often cluster and pass by that area.

PERSONNEL REQUIREMENT

Personnel is an essential factor for productivity and stability in a business operation. Personnel should display the

desirable characteristics of adaptability, honesty, empathy, and reliability to provide quality and satisfactory service. The busi -

ness starting employees will comprise a manager, two cashiers, two baristas, three servers, and one delivery man during its

business hours. The manager should have the qualities of team leadership that be in charge and manage the staff in the ser -

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vice sector of the business while creating a welcoming and relaxed atmosphere for the customers. The manager position re -

quires two years of experience and graduated with business management-related courses. The roles of cashiers and baristas

also need involvement and graduation in accountancy and culinary-related tracks. With this, nine personnel is sufficient to op-

erate the business and provide service to the customers. Over time, the expansion of the business and its product will require

the company to employ additional staff to accommodate the customers and provide them with quality service.

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