Start-up Expense and Capitalization

Start-up costs and capitalization for Foodpreneurial Enterprise will include working

capital, sales promotion, tools and equipment. A total cost of Php 5,000 will be divided to the

five partners. The majority of this amount will be used for the production of Cheebols, materials

and fund start-up operating cost.

Sources of Funding

The proponents considered various sources of funding that are attainable in order to raise

capital for the finance will be the proponents’ savings.

Personal Savings

There are several ways to source fund to start the business. However, the proponents can

afford the amount needed so they decided to use their own money. The proponents contributed

capital from their own savings and allowances.

Family and Friends

Borrowing money from an immediate family members and close friends is way easier for

the proponents to be able to gather funds in order to conduct production activities. Family and

friends are also considered as source of funds.