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 business 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

Tasty Sippers Company ii Tahoc

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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

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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 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.

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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

Strawberry flavoring ₱ 1,000.00

Tofu coagulant powder ₱ 8,000.00

Ube flavoring ₱ 1,000.00

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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

Printer ₱ 3,000.00

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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

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TOTAL ₱ 49,360.00

Table 1.6. Initial Expenses for Operation

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.

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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 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.

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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 competitive in the

industry.

 To commit to the constant improvement of the company's products

through the company's flexibility and adaptability to the changes in

the market.

BUSINESS MODEL

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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

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

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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

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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.

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-quality ready-to-drink

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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

advantage 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 creation. They also provide

services and equipment that assist the company in producing the

products and their distribution 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

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the Cebu Foodstuff and Packaging from Tipolo, Mandaue, Cebu

City. Other ingredients and add-ons of the Tahoc, such as flavorings

and toppings, are accessible and purchasable directly from

supermarkets within Lapu-Lapu City, Cebu.

 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

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 Cooking pots

 Hairnet

 Ladle

 Measuring cups

 Measuring spoons

 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

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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 business 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 service sector of

the business while creating a welcoming and relaxed atmosphere for the

customers. The manager position requires 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 operate 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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