BUSINESS REPORT

 EXECUTIVE SUMMARY
The main purpose of this business is to provide different kinds of street foods and
lemonade drink to the people in community. The Street Fighter is locally owned by group 1 that
will be positioned as one of the stall that selling different kind’s street foods and lemonade drink.
The Street Fighter will provide a combination of excellent street foods and lemonade at very
affordable prices, with fun and creative serving styles.

 PURPOSE AND RATIONALE

The people in the community are sometimes complaining that some street foods and drinks
are very expensive, that other people can’t afford to buy and doesn’t taste good. They want street
foods and drink that have a unique flavour, refreshing, taste really good and have a mouth-
watering sauces, that can satisfied their cravings. They want a simple street foods and drink that
cost less and have a unique flavour, only the Street Fighters can provide all the street foods and
drink that the people want.
So, the purpose of this project is to serve the people a unique flavour and have a mouth-
watering sauce of street foods and refreshing lemonade drink.

 CONTEXT WHICH INCLUDES THE VISION – MISSION STATEMENT,

STRATEGIES, ORGANIZATIONAL STRUCTURE AND STAFFING.

Vision Statement
We envision a community where everyone has access in good quality, affordable, refreshing
and have a unique flavour of street foods and drinks, understands the consequences of hunger
and it is committed in creating that can satisfied the craving of the people in the community.
Mission Statement
The Street Fighter’s mission is to assess the nutritional value in street foods. To gain profits.
To sell various kinds of street foods and lemonade that are delicious, refreshing and with mouth-
watering sauces. To serve affordable street foods and lemonade in high quality. To keep the
customers happy with our products. To create innovative, unique and entertaining menu and
serving style.
Strategies
 Emphasize our name and unique serving style by putting our Logo in every
products we sold.
 Building community relationships through unique and fun service.
 We build relationship of trust and satisfaction with our customers.
 Practice proper sanitation.
 Organizational Structure and Staffing

GROUP 1
(Street Fighters)

ANGEL GRACE MARCELINO GIRLIE P. CHIEFE ADRIAN C. EMAS

Manager Assistant Manager Budget Officer
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 ACTUAL PERFORMANCE VERSUS PLANS/TARGETS WITH THE
CORRESPONDING REMARKS OF WHY IT HAPPENED

1800
ACTUAL PERFORMANCE
1600
1400
1200
1000
800
600
400
200
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1ST DAY 2ND DAY 3RD DAY

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Series 1 Series 2 Series 3
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- On the first day of our activity we had a total of ₱1,350.00 for our capital and the
total of our expenses is ₱ 1,306.00 after we subtract the total of our expenses to the
total of our capital, we had the remaining balance with the total of ₱44.00. We had a
great performance during our first day because a lot of people, especially students
bought our products so we earned money with the total of ₱1,450.00. Then we add
the total of our income and the total of our remaining balance so the overall total of
our income is ₱1,494.00 which we used as our capital for the second day.

- On the second day of our activity we had a total of ₱ 1,494.00 for our capital and the
total of our expenses is ₱822.00 after we subtract the total of our expenses to the total
of our capital, we had the remaining balance with the total of ₱ 672.00. On our
second day we didn’t earned a lot of profit because only few students and Rev.Fr.
Ryan Barrios our school director bought our products, because some students have
their own food and doesn’t have time to buy because they are busy enjoying our
Students and Teachers night so we only earned ₱ 650.00. Then we add the total of our
income and the total of our remaining balance so the overall total of our income is
₱1,322.00 which we used as our capital for the third day.

- On the third day of our activity we had a total of ₱ 1,322 for our capital and the total
of our expenses is zero because we didn’t bought anything because we still have
products to sell. In the third day only few people bought our products so we only
earned ₱ 341.00. Then we add the total of our income and the total of our capital so
the overall total of our income for the entire 3 days is ₱ 1,663.00.
 ISSUES AND CONCERNS THAT WERE ADDRESS
January 31, 2019- In the first day of our activity we’ve expected that things will
go through the way we planned before the day of the activity but we found out that we
have a forgot a lot of equipment to use in cooking our products and we are lack of
preparations because we have another activity to prepare in that particular day but still
our products were sold out.
February 2, 2019 – We were completely prepared, the utensils, equipment’s and
our products were all set. Even though the celebrations of the Student and Teacher’s
night were still selling our products but despite that we didn’t reach our target earnings.
February 3, 2019 – We were completely prepared and our products were sold
out.

 FINANCIAL STATEMENTS WITH IT CORRESPONDING SUMMARIES AND

ITS INTERPRETATIONS

STREET FRIGHTERS
Financial Statement
January 31-February 2-3, 2019
CAPITAL (Day 1): ₱ 1,350.00

EXPENSES

PRODUCTS TO SELL:
 Egg Waffle
- Eggs ₱ 185.00
- Pepper ₱ 10.00
- Yeast ₱ 10.00
- Flour ₱ 30.00
- Food colouring ₱ 5.00
- Vinegar ₱ 10.00
 Siomai ₱ 130.00
- Calamansi ₱ 10.00
- Fried Garlic ₱ 5.00
- Soy Sauce ₱ 10.00

 Chilli Bomb
- Chilli ₱ 20.00
- Lumpia ₱ 20.00
- Cheese ₱ 38.00
₱ 40.00
 - Corned Beef

 Cheese Stick ₱ 20.00

- Lumpia Wrapper ₱ 38.00
- Cheese
₱ 210.00
 French Fries ₱28.00
- Cheese Powder ₱20.00
- Mayonnaise ₱18.00
- UFC Ketchup ₱ 80.00
- Cooking Oil ₱165.00
 Lemonade ₱20.00
- Ice

 UTENSILS ₱ 25.00
- Cups ₱ 40.00
- Hotdog Trays ₱ 19. 00
- Toothpick ₱ 100.00
- Butane
Total: ₱ 1,306.00

Remaining Balance: ₱ 44.00

Income: ₱ 1,450.00

CAPITAL (Day 2) ₱ 1,494.00

EXPENSES

PRODUCTS TO SELL:
 Egg Waffle
- Eggs ₱ 180.00
- Pepper ₱ 10.00
- Flour ₱ 15.00

 Siomai ₱ 150.00
- Fried Garlic ₱ 5.00

 Chilli Bomb
- Chilli ₱ 30.00
- Lumpia ₱ 20.00
- Cheese ₱ 38.00
- Corned Beef ₱ 38.00

 Cheese Stick
- Lumpia Wrapper ₱ 20.00
- Cheese ₱ 38.00
 French Fries ₱ 100.00
- Mayonnaise ₱ 20.00
- UFC Ketchup ₱ 18.00
- Cooking Oil ₱ 60.00

 UTENSILS
- Butane ₱ 100.00

Total: ₱ 822.00

Remaining Balance: ₱ 672.00

Income: ₱ 650.00

CAPITAL (Day 3) ₱ 1,322.00

Expenses: ₱ 0.00
Total: ₱ 0.00

Remaining Balance: ₱ 1,322.00

Income: ₱ 341.00

TOTAL INCOME: ₱ 1,663.00

 CONCLUSIONS AND RECOMMENDATIONS
Conclusions:
Street food is ready-to-eat food or drink sold by a vendor, in a street or other
public place, as at a market or fair. It is often sold from a portable food booth, food cart,
or food truck and meant for immediate consumption. Some street foods are regional, but
many have spread beyond their region of origin. Most street foods are classed as both
finger food and fast food, and are cheaper on average than restaurant meals. According to
a 2007 study from the Food and Agriculture Organization, 2.5 billion people eat street
food every day.
After selling of street foods the Street Fighter’s conclude that street food proves to
show the good that it can pose for people. Since the people today are being practical and
try to save money. Street food therefore allows consumptions even in small amount, in
order to somehow quench hunger and it is also practical to purchase because of its
affordable price. According to our customers the street foods that were selling is
flavourful and tasty and the lemonade is very refreshing. A street food doesn’t consume a
lot of time to cook and it is also easy to prepare. They also get impress with our creative
serving style. Today, people may purchase street food for a number of reasons, such as
convenience, to get flavourful food for a reasonable price in a sociable setting, to try
ethnic cuisines. We also learned that if we a have a business, we should always kept all
the receipt of our expenses and list down the total of our income every day. In order to
have a successful business and to help us always monitor our business to avoid failures.

Recommendations:
Since selling street foods can be an example of a good business because a lot of
people were buying it because of its affordable price and unique taste. It’s also consider
as one of ethnic cuisines, we recommend that our Government should build a building
where all of the street vendors in the province of Dumarao can sell their street foods not
only because it is popular kind of snack that can quench hunger but it also a way to
preserves our Filipino Culture. Instead of buying expensive foods to experience unique
taste of food they can buy street foods. We also recommend that all the entrepreneurs
should always participate in the programs of training that can help them in their
budgeting and managing skills.
 Then consolidate your data for the entire 3 days exhibit.
1. Did the business earn?
-Yes
2. What business transaction did the bulk of expenses go to?
- The bulk of expenses go to the payments for buying ingredients for our products and
some utensils that we use in selling.
3. What were your experiences in writing down the income and expenses of the business for
3 days?
- We experience a lot of stress in writing down our income and expenses for the entire 3
days of our activity because we loosed some of our receipt and we also forgot to list down our
income. We had a hard time in remembering but at the same time we enjoyed and learned that if
you want to become a successful entrepreneur and to know if your business is earning, you
should always list down and count the money you spent and the money you earned in that way
you can monitor your business to avoid failures. We learned a lot from this activity, we learned
on how to entertain or encourage customers to buy our products, on how to manage a business
and many more. So if we given a chance to sell again we will not do the same mistake we make
in our first experience.

Date: Description of Business Transactions Income (Money in) Income (Money out)

Day 1 Payments for buying ingredients for our

products and some utensils we use for selling. ₱1,494.00 ₱1,306.00
Collection of money from our customers for the
products they brought from us and from the
remaining balance of our capital.
Day 2 Payments for buying ingredients for our
products and some utensils we use for selling. ₱1,322.00 ₱822.00
Collection of money from our customers for the
products they brought from us and from the
remaining balance of our capital.
Day 3 We didn’t buy anything in the 3rd day, that’s
why we don’t have any expenses. Collection of ₱1,663.00 ₱0.00
money from our customers for the products
they brought from us and from the remaining
balance of our capital.
 Documentation

Materials
Products:
Preparation:
Processing:
Day 1-3: