factory

KIMDEMELYN S. CERENO
OLMMPE04
ANTHONY CALDERON
NOVEMBER 30, 2023
 Executive Summary Page 3
Mission and Vision Statement Page 4
Table of Contents

Business Description Page 5

SWOT Analysis Page 6
Market Analysis Page 7
Management and Organization Page 8
Products and Service Page 9
Projected Income Statement Page 10-11

11/30/2022 Budget Proposal 2

 Executive Summary
Our business plan aims to satisfy the
needs and wants of the people who will
buy our product. Our product has its
special ingredients that will give our
costumers nutrition that their body
need. Cheaper price, that any one can
afford to buy it.

11/30/2022 Business Proposal 3

 Mission
Its purpose in operating this catering business is not only to earn profits, but also to answer the needs of the travelling passengers
passing through the airport majority of whom come from Cagayan de Oro and Misamis Oriental, the neighboring Lanao Provinces, Bukidnon
and Camiguin. It strives to offer the best services to the consumers and also to help kids enjoy eating vegetables and for those costumer who
want to eat delicious food while on diet, we want to see them happy and healthy

Vision
By instilling the business goal in achieving success, enhancing the ways and means of expanding the
capability of competing assertively in the industry.

11/30/2022 Business Proposal 4

 Business Description
Siomai Love Factory is still an applicant for the
operation of a food stall at the Food Court that is
being constructed at the Laguindingan Airport,
Laguindingan Misamis Oriental. This might be
the case, however, Siomai Love Factory is no
stranger to the food outlet retail business for it had
previously operated a food stall offering snacks
items specifically siomai, shiopao etc with many
variety, at the the Laguindingan Airport. The
operation went smoothly and without complaint
from the public and customers.

11/30/22 Business Proposal 5

 Too much existing The siomai business The trend of the siomai
Our location is competitors industry is in the climax business may decline in
desirable for of its career right now. short period of time. So
our target Making the trend to be we only have a certain
market very appealing for the time to set our standard
All ingredients are Filipino market who are and make ourselves
fresh natural from easily enticed by current known to the Filipino
the inside and trends in food and market
outside beverages industry
11/30/2022 Budget Proposal 6
 Market Analysis
The Laguindingan Airport, serves not only the people of Misamis Oriental, where it is located, and the people of Cagayan de Oro City, but
also the people from the other neighboring provinces of Northern Mindanao, particularly the provinces Lanao del Sur and Lanao del Norte,
Bukidnon, and Camiguin, going to their respective destinations outside the region and back. It has regular flights to Manila, Davao, Cebu and vice
versa. Before the pandemic years, passengers traffic reached 2,310,471. It is the busiest airport outside Manial, Clark and Cebu in 2021, with
passengers traffic logged at 611,489. Although way below compared to its peak before the pandemic period, the volume of passengers is expected to
bounce back to the pre-pandemic period, considering the easing of travel restrictions. These passengers are considered the market of Siomai Factory,
which can also be said of the other food retail outlets operating or will be operating at the Food Court of the airport
Based on this recent figure of 611,489 passengers, there are therefore 1,675 passengers passing through the Laguindingan Airport daily.
Granting that Siomai Love Factory corners at least one percent (1%) of the daily passenger traffic, or 16 passengers patronizing our outlet and buys
one order of siomai at Forty-Nine Pesos (PhP49.00), it translate into Seven Hundred Eighty-Four Pesos (784) daily sales, or Twenty-Three
Thousand Five Hundred Twenty Pesos (PhP23,520.00) monthly sales, or Two Hundred Eighty Thousand Two Hundred Forty Pesos
(PhP282,240.00).

These figures are expected to increase if the multiplier factors are considered. These factors are the welcoming and send off parties. Granting
that each of these 16 passengers has two persons either as welcoming parties or send off parties, who also each order from Siomai Love Factory the
same item as the passengers. Thus, there is an additional sale of Ninety-Eight Pesos (PhP98.00), sales to two persons who are either the welcoming
party or sendoff party per passenger. These extra sales of Ninety-Eight Pesos (PhP98.00) translate to Three Thousand One Hundred Thirty-Six Pesos
(PhP3,136.00) daily sales, or in one month to Ninety-Four Thousand Eighty Pesos (PhP94,080), or in one year to One Million One Hundred
Twenty-Eight Thousand Nine Hundred Sixty Pesos (PhP1,128,960).

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 Management and Organization

As a single individual owned business food outlet, Siomai Love Factory is directly managed by its owner,
who also performs multi-tasks such as the procurement of the food items from supplier in Cagayan de Oro to the
delivery of the same to the place of operation at Laguindingan Airport, and collector of the sales for the day from
crew duty of the day. She is the hands- on over all supervisor of the sales crew and exercises direct control over
them. The sales crew attend to the order of the customers, by one who doubled as the cashier and keeps the sales
for the day before actually turning over the amount to the the owner/manager at the end of the day’s operation.

8
 Products and Service

As a single individual owned business food outlet, Siomai Love Factory is directly managed by its owner,
who also performs multi-tasks such as the procurement of the food items from supplier in Cagayan de Oro to the
delivery of the same to the place of operation at Laguindingan Airport, and collector of the sales for the day from
crew duty of the day. She is the hands- on over all supervisor of the sales crew and exercises direct control over
them. The sales crew attend to the order of the customers, by one who doubled as the cashier and keeps the sales
for the day before actually turning over the amount to the owner/manager at the end of the day’s operation.

9
 Projected Income Statement
SALES :      
  SIOMAI/SIOPAO P 697,900.00  
  SOFTDRINKS 299,100.00 P 997,000.00
       
LESS: COST OF SALES      
  SIOMAI/SIOPAO P 181,454.00  
  SOFTDRINKS 227,316.00 408,770.00
       
GROSS INCOME     P 588,230.00
       
LESS: OPERATING EXPENSES      
  SALARIES 162,000.00  
  RENTAL EXPENSES 60,000.00  
  LICENSE AND TAXES 49,850.00 271,850.00
       
NET INCOME     316,380.00
       

11/30/2022 Business Proposal 10

 Projected Income Statement
PLEASE TAKE NOTE OF THE ASSUMPTIONS:

BASED ON THE GIVEN TOTAL SALES     997,000.00

       
SIOMAI/SIOPAO 70% OF SALES   697,900.00
SOFTDRINKS 30% OF SALES   299,100.00
       
COST OF SALES:      
       
SIOMAI /SIOPAO 10/39 26% 181,454.00
SOFTDRINKS 20/35 57% 227,316.00
       
       
OPERATING EXPENSES:      
       
SALARIES P450/DAYX 30 DAYS X 12 MONTHS   162,000.00
RENTAL EXPENSES P5000X12 MONTHS   60,000.00
LICENSE AND TAXES BASED ON 5% PERCENTAGE TAX OF TOTAL SALES   49,850.00

11/30/2022 Business Proposal 11

 Thank you

11-30-2022 Conference presentation 12