BUSINESS PLAN

Consider a business venture. Create a sample business plan for that venture using the
following format.

Business Name: JPRJ (Chili Garlic Oil)

Location: Brgy. Santa Monica National Highway (in front of Santa Monica High School)
Name of Owner: Jose Miguel Jusay
Princess Angel L. Magbanua
Redelyn Amansic
Jia Aurelie Robles

Introduction
JPRJ Chili Garlic Oil is a registered business in any cafeteria, restaurant, or household. It is a
small business that aims to serve and sell delicious chili garlic. The JPRJ Chili Garlic Oil is a
homemade chili garlic oil made with fresh and clean ingredients. We are sure it brings a 100%
unique aroma that you only taste in our product. Any meal may be transformed into a flavorful,
aromatic, and nutritious gourmet experience with our very own JPRJ Chili Garlic Oil. It has a full-
bodied essence that will make your mouth water.
Business goals:
a. The operation will start on May 10, 2023
b. The location could be reached by the people who live in Santa Monica and the people
who pass through Santa Monica National Highway.
c. The business could be expanded by finding a reseller around Puerto Princesa City or in
the other municipalities. Also, we can use the online platform to sell our products.
Section I: The Business
1. Description of the Business
The business is engaged in the production of unique food condiments of Chili Garlic Oil, to make
a little twist and extraordinary to the dishes. We also guarantee that customers can use our
products many times. The jar is reusable and easy to wash and carry.
2. Product/Service
The product/service is Food Condiments
3. Market
Production will be distributed in the food court, cafeteria, or restaurant to enhance the dishes
that they serve.
The clients belong to a low-income class, middle-income class, and high-income class because
this product is affordable to all.
The product will be bought by the client for the following reasons:

 To enhance more flavor of the dish.

 It helps to lower the blood pressure.
 Add distinctive and strong flavor.
 It’s affordable.
 Those who love spicy and garlic.
4. Location of the Business
The JPRJ Chili Garlic Oil business is located at National Highway, Bgy Santa Monica in front of
Santa Monica High School. It can easily be reached by the people who live in Santa Monica and
also the people who pass through Santa Monica.
5. Competitors are as follows:
Food Court, Chaolongan, Online Sellers, Restaurants
6. Price
The current price is 70 pesos.
It is derived from the following factors: What the
7. Marketing Strategies
The product will be distributed in the following manner:
8. Management (The individuals should be someone you know.)
The management group is composed of the following (name, position, responsibility, and
qualification)
9. Personnel
The personnel needed are the following (enumerate the type of work and their qualifications)
Section II: Financial Data
1. Source of funding:
2.Capital Equipment List
3. Income Projection