Republic of the Philippines

University of Southeastern Philippines

College of Business Administration

Activity 2 – Dream Business

BA 2005 Managerial Accounting

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CANDY CARYL D. NUEZ - MBA

a. What will be the name of the business?

Sweet Kandi Personalized Gifts and Souvenirs

b. Describe the business.

Personalized Gift and Souvenirs Manufacturing

Personalized gifts can range from customized mugs and picture frames to personalized
jewelry and home decor items.

Is a creative and customer-focused business that thrives on providing unique and

sentimental items for various occasions and purposes.

The primary focus is on producing items that can be personalized with names, dates,
messages, or specific images to make them meaningful and memorable for the recipient.

c. Where it will be located and do you think it will be strategic?

Many personalized gift and souvenir businesses operate online, allowing customers to
conveniently place orders, upload customization details, and receive products at their
doorstep. An online presence also facilitates reaching a broader audience.

d. Do you think it will be profitable venture?

Personalized gift and souvenir manufacturing has the potential to be profitable,
success often depends on the entrepreneur's ability to navigate the market, understand
customer needs, and deliver high-quality, unique products.

e. What existing business do you think will be the best business to venture? Research
a lot about that business.

Sustainable Products: As environmental awareness grows, there's an increasing

demand for eco-friendly and sustainable products. Consider a business that offers
sustainable alternatives, such as reusable goods, eco-friendly packaging, or upcycled
products.

Digital Marketing Agency: With the rise of online presence, businesses often seek
digital marketing services. If you have expertise in social media, SEO, content
creation, or other digital marketing aspects, starting an agency could be a good fit.

Personalized Gift Manufacturing

Personalized gifts can range from customized mugs and picture frames to personalized
jewelry and home decor items.

To start a personalized gift manufacturing business, entrepreneurs will need access to high-
quality materials and equipment, such as engraving machines, 3D printers, and embroidery
machines. They will also need design skills and software to create personalized designs for
their clients.

Personalized gift manufacturing businesses can sell their products through various
channels, such as online marketplaces, social media, and local retail stores. They can also
offer customized products for special events, such as weddings, birthdays, and corporate
events.

One of the advantages of personalized gift manufacturing is the ability to offer unique and
personalized products that customers can't find in traditional retail stores. This allows
businesses to differentiate themselves from competitors and offer products that are tailored
to their customers' needs and preferences.

Overall, personalized gift manufacturing is a promising small manufacturing business idea

for entrepreneurs looking to enter the personalized gift market. By leveraging their design
skills and manufacturing expertise, and utilizing various sales channels, personalized gift
manufacturing businesses can build a loyal customer base and achieve long-term success.