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  • Mimay Technopreneurship

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    brandonjoseph7302
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    The document lists the expenses required to start a food truck business in the Philippines, including purchasing or converting a food truck costing PHP 1-7.5 million, equipping it with appliances and equipment costing PHP 150,000-500,000 total, initial inventory of ingredients costing PHP 25,000-75,000, licenses and permits of PHP 5,000-50,000, insurance of PHP 50,000-150,000 annually, marketing and branding materials of PHP 10,000-100,000, miscellaneous costs of PHP 100,000-250,000, and a total estimated initial cost of PHP 2-10 million. It notes that exchange rates and prices can vary.

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    The document lists the expenses required to start a food truck business in the Philippines, including purchasing or converting a food truck costing PHP 1-7.5 million, equipping it with appliances and equipment costing PHP 150,000-500,000 total, initial inventory of ingredients costing PHP 25,000-75,000, licenses and permits of PHP 5,000-50,000, insurance of PHP 50,000-150,000 annually, marketing and branding materials of PHP 10,000-100,000, miscellaneous costs of PHP 100,000-250,000, and a total estimated initial cost of PHP 2-10 million. It notes that exchange rates and prices can vary.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views1 page

    Mimay Technopreneurship

    Uploaded by

    brandonjoseph7302
    The document lists the expenses required to start a food truck business in the Philippines, including purchasing or converting a food truck costing PHP 1-7.5 million, equipping it with appliances and equipment costing PHP 150,000-500,000 total, initial inventory of ingredients costing PHP 25,000-75,000, licenses and permits of PHP 5,000-50,000, insurance of PHP 50,000-150,000 annually, marketing and branding materials of PHP 10,000-100,000, miscellaneous costs of PHP 100,000-250,000, and a total estimated initial cost of PHP 2-10 million. It notes that exchange rates and prices can vary.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Jomark A.

    Mimay (BSGE-3A)

    ASSIGNMENT
    Assuming that you are already starting your business, List down your expenses and your target
    product/services to be sold. Upload it in GClass.

    Food Truck Purchase/Conversion:


    1. Used Food Truck: PHP 1,000,000 - PHP 2,500,000
    2. New Food Truck: PHP 2,500,000 - PHP 7,500,000
    Equipment:
    1. Deep Fryer: PHP 50,000 - PHP 150,000
    2. Grill: PHP 25,000 - PHP 100,000
    3. Refrigerator/Freezer Combo: PHP 75,000 - PHP 200,000
    4. Food Prep Tables: PHP 25,000 - PHP 100,000
    5. Ventilation System: PHP 150,000 - PHP 500,000
    6. Generator: PHP 100,000 - PHP 250,000
    7. POS System: PHP 50,000 - PHP 150,000
    8. Utensils, Cookware, and Smallware: PHP 25,000 - PHP 50,000
    Initial Inventory:
    1. Chicken (fresh/frozen): PHP 25,000 - PHP 75,000
    2. Breading/Batter Mix: PHP 5,000 - PHP 15,000
    3. Cooking Oil: PHP 5,000 - PHP 10,000
    4. Seasonings/Spices: PHP 2,500 - PHP 5,000
    5. Condiments/Sauces: PHP 5,000 - PHP 15,000
    6. Side Dishes (e.g., fries, coleslaw): PHP 10,000 - PHP 25,000
    Licenses and Permits:
    1. Food Truck License/Permit: PHP 5,000 - PHP 50,000
    2. Health Department Permit: PHP 5,000 - PHP 25,000
    3. Business License: PHP 2,500 - PHP 25,000
    4. Parking Permits: PHP 5,000 - PHP 25,000
    Insurance:
    1. Liability Insurance: PHP 50,000 - PHP 150,000 per year
    2. Vehicle Insurance: PHP 50,000 - PHP 100,000 per year
    Marketing and Branding:
    1. Logo Design: PHP 5,000 - PHP 25,000
    2. Signage/Graphics for Truck: PHP 25,000 - PHP 100,000
    3. Website and Social Media Setup: PHP 10,000 - PHP 50,000
    4. Marketing Materials (business cards, flyers): PHP 5,000 - PHP 25,000
    Miscellaneous:
    1. Initial Working Capital (for unforeseen expenses): PHP 100,000 - PHP 250,000
    2. Uniforms: PHP 5,000 - PHP 15,000
    3. Cleaning Supplies: PHP 5,000 - PHP 10,000

    Total Initial Cost Estimate: PHP 2,000,000 - PHP 10,000,000

    (NOTE: Exchange rates fluctuate, so it's essential to check the current rate for accurate
    conversions. Additionally, prices can vary based on suppliers, location, and other factors.)

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