Entrepreneurship 10

Business Plan

Choco Balls

Submitted by:

Jamie Ann F. Dimarucut

10-Venus

Submitted to:

Mr. Rico Ramos

ENTREP Teacher
 CHOCO BALLS

Chocolate balls are a spherical confection made of or dipped into chocolate. Other
ingredients may include peanut butter or marzipan.
Ingredient
250g pkt sweet biscuits, crushed (Arrowroot, Hobnobs, Animal Crackers)
4 tablespoons cocoa powder
400g / 14 oz. can condensed milk
½ cup desiccated coconut

Arrowroot Cocoa solids Condenced milk Coconut

METHOD
Step 1
Crush the biscuits into small, about 2cm pieces, and place into a bowl.
Step 2
Add the sweetened condensed milk and cocoa powder. Mix together until well
combined.
Step 3
Roll heaped tablespoons of mixture into small balls. Dip each ball in the coconut until it
has covered the whole ball. Repeat this step with remaining mixture.
Step 4
Put onto a plate and refrigerate for about 15 mins.

Tip: Remove from freezer straight into the lunchbox, by morning tea they are ‘just right’
to eat
INTRODUCTION

Having a business is not easy .Even if a small business or a large business, but if you
try and willing to have a business you can be a successful business man / women in
the future. Many Filipinos want to have a business they create a new product for people
who want new products. They willing to take the risk in order to their business.

Entrepreneurs are innovators, willing to take risks and generate new ideas to create
unique and potentially profitable solutions to modern-day problems. Entrepreneurship is
not so much a skill as a habitual state of mind. This innovation may result in new
organizations or revitalize mature organizations in response to a perceived opportunity.
The most obvious form of entrepreneurship is starting a new business (referred as a
startup company). In recent years, the term has been extended to include social and
political forms of entrepreneurial activity, which are often referred to as social
entrepreneurship.

One of the important of having a business having business plan .A business plan is a
written description of your business's future. All your plans are there . Is a document that
describes what you plan to do and how you plan to do it. If you write down a paragraph
on the back of an envelope describing your business strategy, you've written a plan, or
at least the germ of a plan.

Business plans can help perform a number of tasks for those who write and read them.
They're used by investment-seeking entrepreneurs to convey their vision to potential
investors. They may also be used by firms that are trying to attract key employees,
prospect for new business, deal with suppliers or simply to understand how to manage
their companies better. Entrepreneurship is a role and importance in our society, and
how to bring new ideas to marketplace both in the startup and corporate setting. This is
an introductory course intended to provide students with a solid foundation on how
entrepreneurs and entrepreneurship play a key role in the 21st century global economy.
In the course, we will assess, explore, and critique the world of entrepreneurship.
Entrepreneurship is approached as a way of thinking and acting, as an attitude and a
behavior. Our emphasis is on entrepreneurship as a process that can be applied in
virtually any organizational setting. The principle focus will be on the creation of new
ventures, the ways that they come into being, and factors associated with their success.
This is a course of many ideas and questions, and you will be encouraged to develop
and defend your own set of conclusions regarding each of these issues. This course
mixes theory with practice, and you will be challenged to apply principles, concepts and
frameworks to real world situations.
HISTORYCAL BACKGROUND OF THE PRODUCT

Chocolate balls appear on most restaurant menus in Sweden and, although you
normally only get one ball, it is a rather good way of finishing a meal.

Chocolate balls are also nice to make at home. They are one of the easiest treats
around and they taste wonderful, rather moreish I must admit! There is no baking
involved so they are a great recipe to make with kids. Unlike in a Swedish restaurant,
you can also then expect to have more than one.

The Oatmeal ball was most likely invented during World War II, in Denmark, where
because of the rationing, there was a limited supply of wheat flour, which caused many
to look for substitutes. In 1943, Nationaltidende published a small booklet for
housewives called Ingenuity in a time of crisis (Danish: Opfindsomhed i en krisetid),
wherein the recipe for havregrynskugle was found.
I don’t think there is one kid in Sweden that does not know what a chocolate ball is or
“Chokladbollar“ in Swedish. The reason it is so popular with kids is that it does not
involve any knives or heat. You just mix all the ingredients together and you can eat it
right after. What kid wouldn’t want that dessert?

And if you were lucky it passed the test for your parents of being eaten on other days
than Saturdays, the only day eating candy was allowed. Yes, as a kid in Sweden eating
candy was only allowed on Saturdays. They even make candy bags in the stores that
are named, “Saturday Candy.” Every week when our neighborhood kids got their
Saturday allowance we used to run to the kiosks and get mixed candy for our
allowance. Chocolate balls I enjoy even as an adult, and deep down it still doesn’t feel
as sinful as eating candy.

I roll these balls in coconut flakes, but you can roll them in sprinkles too or not roll them
at all. The chocolate balls includes coffee, as a kid I used to use instant coffee and it
worked just fine. These days I just make an espresso and use a tablespoon of that.
Oatmeal ball (Danish: Havregrynskugle, Swedish: Chokladboll) is a type of unbaked
pastry that is a popular Danish and Swedish confectionery.

Chokladboll
Chokladboll rolled in shredded coconut
Place of origin: Denmark, Sweden
Main ingredients :Oatmeal, sugar, coffee, cocoa, butter
Cookbook: Chokladboll
Media: Chokladboll
BRIEF DESCRIPTION OF CHOCO BALL

The Choco ball is usually slightly smaller than a golf ball and consists
of oatmeal, sugar, cocoa, vanilla sugar, butter, and sometimes a small amount of coffee
(some like to mix in a splash of cream to make them creamier and softer), which is
mixed to a compact mass. Balls are formed and then rolled in nib sugar,
shredded coconut, or sprinkles. The Oatmeal ball can be eaten immediately, but it is
usually first chilled in a refrigerator.
PROPOSED NAME OF THE BUSINESS

“JAMIE CHOCO BALLS PRODUCT” will be the name of the business as agreed upon
by the proponent. The proponent adopted the JAMIE CHOCO BALLS PRODUCT from
the name of the proprietor.
LOCATION OF THE BUSINESS

The proposed location has been chosen by the proponent in Sta. Cruz Concepcion
Tarlac considering such factors as the availability of resources accessibility to the
potential costumers location .
 Management and Personnel Feasibility Summary
The business will implement a democratic style of management .This means that
all employees will have the privilage and will be allowed to participate in the decision
making concerning business.

 Administration and management

With regard to the business operation .the proposed business will have a total of
3 person .Each of them must have knowledge about the production process .They
will be trained and oriented properly and will be given seminars and training.

 Management proposal
The proponent will be one to plan and will be incharge of the overall supervision
of the business. He will be the one to screen the applicant to be requited and hired.

Organization Chart

 Company Policies
In an organization policies and principle play can important role because these
help organization to become efficient and effective .These will guide the business.
 Policies on Drawing
The proprietor will be the general manager of the firm .his compensation will be
through withdrawals from the business .20% of the NCT Income will be drawn from
the business.

 Policies on Hiring
The proposed business will recruit and employ workers on the basis of their
qualification of works. Referrals from trusted people will also be entertained
.Qualified applicants will then pass the necessary requirements to the management
such as:
a. Barangay, Police, and NBI clearance
b. Copy of Birth Certificate
c. High School or College Diploma
d. Form 137
e. Medical Certificate
f. Driver’s License

 Policies on days of employees will work six (6) days a

week
The compensation will be on daily basis. The employees are entitled to one rest day
a week.

 Employee benefits
Phil Health, PAG-IBIG, SSS, and 13th month pay will be provided for all employees.

 Seminars and Trainings

Seminars and training will be conducted for the farmhands to gain additional
knowledge that will enhance their abilities and skills to become more productive and
more efficient.

 Type of Business Organization

The project will adopt a sole proprietorship type of business organization. Sole
proprietorship type of business organization is one which owned and run by an
individual and where there is no legal distinction between the owner and the
business.
All assets of the business are owned by the proprietor and all the debts must pay it
which will result to unlimited liability.
The proponent opt to form a business under sole proprietorship type of business
organization as they see it fit considering the nature and capital requirements of the
project.
MARKET STUDY
Marketing is a system of a business activities design to plan, price, promote and
distribute want satisfying goods and services to present and potential customers. It is
considered as the lifeblood of every business transaction because it is a strategic way
on how to cope up the needs wants of the customers, finding opportunities regarding it,
introduce and market the product, achieve customers loyalty and patronage.

This aspects includes the following topics: demands, supply, demand and supply
analysis, marketing programs and the projected sales. The objective of the proposed
project is to delight the customers, not just by meeting their expectation but rather
exceeding and going extra mile. Moreover, it’s about profitability. Marketing aspect
serves as the basis of the financial section through projected demand. There can be no
discussion of profitability or of the other aspects of the study, if in the first place, there is
no demand or market. Every business is practically aspiring for productivity but
practically in order to last in the business world the first thing to take into consideration
is the target market. The consumers will be the key factor to achieve the objectives of
the organization.

OBJECTIVE
A. To analyse the market demand and supply if the business.
B. To define the target customer of the business through market segmentation.
C. To determine the marketing strategies to be applied in the business.
D. To determine feasibility of the business
E. To determine the range if business
F. To analyse and understand the complexities of the restaurant business .

DEMAND
-It is very essential to know the demand of our products in order to answer our
customer needs and wants. Knowing the demand will help us to determine the trends of
our products. Analysing the demand thoroughly will give the production of the total
number of quantity of each product that we are going to produce daily, weekly, monthly
and annually .

SUPPLY
Based on the percentage of the population who already availed street foods from our
survey questioner, we determine our past supply.
MARKET SHARE ANALYSIS
-Every business must determine their market share that will serve as basis of
marketing strategies of the establishment. It will define the extent of market that we
need to satisfy.

PRICING STRAGETIES
-We used cost plus strategy in order to set the price of our products he
computation would be: purchase cost operating cost + mark-up = selling cost.

PROMOTION
-Based on the responses on the survey, posters (32-58), website (31.08%) and
the flyers (25.31%) are the top three advertising tools that our customers want us to use
enable to reach them.

POSTER
- poster will be placed in our store. The design of the poster can be able to catch
the attention of the customers because if the information provides as well as its ethic.
Chosen colour are pleasing to the eye and will surely boost the interest of the
customers to eat to our restaurant. Two poster will be produced which are good for
three months.

WEBSITE
-We are now living in the modern world and surfing to the interest is one of the
easiest ways to have quick access. The proponent will be using free website in order to
reach wider range of possible customers. This will be great help for them to know the
concept behind business. It will also provide good communication relationship in ways
that we will be giving information and they will be giving comments and suggestions for
product improvement and other concerns.

FLYERS
-Flyers can convey wide range of possible buyers for it can be brought to other
places. The store will produce 200 flyers per day. These flyers will be distributed twice a
week or eight times in a month. Flyers will be given in the first three months of the
business until it will gets its loyal customers.
 SWOT ANALYSIS
 The location of the business is accessible enough to meet our target market.
 Thru business will easily catch the interest of the customers for Filipinos fond.
 It provides modern communicable tools including print ads and website that will
enable to build a connection between the business and customer.

WEAKNESS
 Maintenance of special features of the business is quite costly.

OPPORTUNITIES
 The business will be new the market, it may easily have good market standing
but it may counter difficulty in terms of sustaining demands of the customers that
may lead to its saturation point or declining stage.


THREATS
 The same vicinity will be great competitors of the business.
The business will be new in the market. It may easily have good market standing but it
may encounter difficulty in terms of sustaining demand of the customers that may lead
to its saturation point to declining stage
DETAILED PROJECTED SALES
YEAR 2018
TABLE 1

MONTH QUANTITY PRICE TOTAL

JANUARY 5000 ₱5 25000
FEBRUARY 5500 ₱5 27500
MARCH 6000 ₱5 30000
APRIL 6500 ₱5 32500
MAY 7000 ₱5 35000
JUNE 7500 ₱5 40000
JUY 8000 ₱5 45000
AUGUST 8500 ₱5 50000
SEPTEMBER 10000 ₱5 55000
OCTOBER 11000 ₱5 60000
NOVEMBER 13000 ₱5 65000
DECEMBER 14000 ₱5 70000

DETAILED PROJECTED SALES

MONTH QUANTITY PRICE TOTAL
JANUARY 14500 ₱7 101500
FEBRUARY 15000 ₱7 105000
MARCH 15500 ₱7 108500
APRIL 16000 ₱7 112000
MAY 16500 ₱7 115500
JUNE 17000 ₱7 119000
JUY 17500 ₱7 122500
AUGUST 18000 ₱7 126000
SEPTEMBER 18500 ₱7 129500
OCTOBER 19000 ₱7 133000
NOVEMBER 19500 ₱7 136500
DECEMBER 20000 ₱7 140000
YEAR 2019
TABLE 2
DETAILED PROJECTED SALES
YEAR 2020
TABLE 3

MONTH QUANTITTY PRICE TOTAL

JANUARY 20500 ₱8 164000
FEBRUARY 21000 ₱8 168000
MARCH 21500 ₱8 172000
APRIL 22000 ₱8 176000
MAY 22500 ₱8 180000
JUNE 23000 ₱8 184000
JUY 23500 ₱8 188000
AUGUST 24000 ₱8 192000
SEPTEMBER 24500 ₱8 196000
OCTOBER 25000 ₱8 200000
NOVEMBER 25500 ₱8 204000
DECEMBER 26000 ₱8 208000
DETAILED PROJECTED SALES
YEAR 2021
TABLE 4

MONTH QUANTITY PRICE TOTAL

JANUARY 26500 ₱9 238500
FEBRUARY 27000 ₱9 243000
MARCH 27500 ₱9 247500
APRIL 28000 ₱9 252000
MAY 28500 ₱9 256500
JUNE 29000 ₱9 261000
JUY 30000 ₱9 265500
AUGUST 30500 ₱9 270000
SEPTEMBER 31000 ₱9 274500
OCTOBER 31500 ₱9 279000
NOVEMBER 32000 ₱9 283500
DECEMBER 32500 ₱9 288000
DETAILED PROJECTED SALES
YEAR 2022

MONTH QUANTITY PRICE TOTAL

JANUARY 33000 ₱10 330000
FEBRUARY 33500 ₱10 335000
MARCH 34000 ₱10 340000
APRIL 34500 ₱10 345000
MAY 35000 ₱10 350000
JUNE 35500 ₱10 355000
JUY 36000 ₱10 360000
AUGUST 36500 ₱10 365000
SEPTEMBER 37000 ₱10 370000
OCTOBER 37500 ₱10 375000
NOVEMBER 38000 ₱10 380000
DECEMBER 38500 ₱10 385000
TABLE 5
Rent

INGREDIENTS/RAW MATERIALS

Ingredient:
250g pkt sweet biscuits, crushed (arrowroot, hobnobs, animal cracker)
4 tablespoon cocoa powder
400g / 14 oz. can condensed milk
½ cup desiccated coconut

METHOD
Step 1
Crush the biscuits into small, about 2 cm pieces, and place into bowl.
Step 2
Add the sweetened condensed milk and cocoa powder .Mix together until well
combined.
Step 3
Roll heaped tablespoon of mixture into small ball in the coconut until it has covered the
whole ball. Repeat this step with remaining mixture.
Step 4
Put onto a plate and refrigerate for about 15 mins.

Tips: Remove from freezer straight into the lunchbox, by morning tea thy are ‘’just right’’
to eat.
FLOWCHART
Rent

Month 2018 2019 2020 2021 2022

January 2500 2500 3000 3000 3500
February 2500 2500 3000 3000 3500
March 2500 2500 3000 3000 3500
April 2500 2500 3000 3000 3500
May 2500 2500 3000 3000 3500
June 2500 2500 3000 3000 3500
July 2500 2500 3000 3000 3500
August 2500 2500 3000 3000 3500
September 2500 2500 3000 3000 3500
October 2500 2500 3000 3000 3500
November 2500 2500 3000 3000 3500
December 2500 2500 3000 3000 3500
TOTAL: 30000 30000 36000 36000 42000
 Month 2018 2019 2020 2021 2022
January 2000 2300 2500 2700 2900
February 2000 2300 2500 2700 2900
March 2000 2300 2500 2700 2900
April 2000 2300 2500 2700 2900
May 2000 2300 2500 2700 2900
June 2000 2300 2500 2700 2900
July 2000 2300 2500 2700 2900
August 2000 2300 2500 2700 2900
September 2000 2300 2500 2700 2900
October 2000 2300 2500 2700 2900
November 2000 2300 2500 2700 2900
December 2000 2300 2500 2700 2900
TOTAL: 24000 37600 30000 32400 34800

Travelling
Gasoline & Oil

Month 2018 2019 2020 2021 2022

January 2500 2800 3000 3300 3500
February 2500 2800 3000 3300 3500
March 2500 2800 3000 3300 3500
April 2500 2800 3000 3300 3500
May 2500 2800 3000 3300 3500
June 2500 2800 3000 3300 3500
July 2500 2800 3000 3300 3500
August 2500 2800 3000 3300 3500
September 2500 2800 3000 3300 3500
October 2500 2800 3000 3300 3500
November 2500 2800 3000 3300 3500
December 2500 2800 3000 3300 3500
TOTAL: 30000 33600 36000 39600 42000
 Month 2018 2019 2020 2021 2022
January 1000 1000 1200 1200 1300
February 1000 1000 1200 1200 1300
March 1000 1000 1200 1200 1300
April 1000 1000 1200 1200 1300
May 1000 1000 1200 1200 1300
June 1000 1000 1200 1200 1300
July 1000 1000 1200 1200 1300
August 1000 1000 1200 1200 1300
September 1000 1000 1200 1200 1300
October 1000 1000 1200 1200 1300
November 1000 1000 1200 1200 1300
December 1000 1000 1200 1200 1300
TOTAL: 12000 12000 14400 14400 15000

Supplies
Water

Water

Month 2018 2019 2020 2021 2022

January 700 700 800 800 900
February 700 700 800 800 900
March 700 700 800 800 900
April 700 700 800 800 900
May 700 700 800 800 900
June 700 700 800 800 900
July 700 700 800 800 900
August 700 700 800 800 900
September 700 700 800 800 900
October 700 700 800 800 900
November 700 700 800 800 900
December 700 700 800 800 900
TOTAL: 8400 8400 9600 9600 10800

Telephone
 Month 2018 2019 2020 2021 2022
January 2000 2000 2300 2300 2500
February 2000 2000 2300 2300 2500
March 2000 2000 2300 2300 2500
April 2000 2000 2300 2300 2500
May 2000 2000 2300 2300 2500
June 2000 2000 2300 2300 2500
July 2000 2000 2300 2300 2500
August 2000 2000 2300 2300 2500
September 2000 2000 2300 2300 2500
October 2000 2000 2300 2300 2500
November 2000 2000 2300 2300 2500
December 2000 2000 2300 2300 2500
TOTAL: 24000 24000 27600 27600 30000
Advertisement

Month 2018 2019 2020 2021 2022

January 2000 2000 2500 2500 3000
February 2000 2000 2500 2500 3000
March 2000 2000 2500 2500 3000
April 2000 2000 2500 2500 3000
May 2000 2000 2500 2500 3000
June 2000 2000 2500 2500 3000
July 2000 2000 2500 2500 3000
August 2000 2000 2500 2500 3000
September 2000 2000 2500 2500 3000
October 2000 2000 2500 2500 3000
November 2000 2000 2500 2500 3000
December 2000 2000 2500 2500 3000
TOTAL: 24000 24000 30000 30000 36000

Month 2018 2019 2020 2021 2022

January 2000 100 500 500 1500
February
March
April 500
May
June 1000 500 1500
July
August
September 500
October
November
December 500 500 500 500
TOTAL: 3500 2000 1500 1000 2500

Electricity
Taxes & Licenses

Taxes & Licenses

Month 2018 2019 2020 2021 2022

January 893.33 2415 3720 5266.66 7150
February 893.33 2415 3720 5266.66 7150
March 893.33 2415 3720 5266.66 7150
April 893.33 2415 3720 5266.66 7150
May 893.33 2415 3720 5266.66 7150
June 893.33 2415 3720 5266.66 7150
July 893.33 2415 3720 5266.66 7150
August 893.33 2415 3720 5266.66 7150
September 893.33 2415 3720 5266.66 7150
October 893.33 2415 3720 5266.66 7150
November 893.33 2415 3720 5266.66 7150
December 893.33 2415 3720 5266.66 7150
TOTAL: 10720 28980 44640 63200 85800

Salaries & Wages

 Month 2018 2019 2020 2021 2022
January 3000 3000 3500 3500 4000
February 3000 3000 3500 3500 4000
March 3000 3000 3500 3500 4000
April 3000 3000 3500 3500 4000
May 3000 3000 3500 3500 4000
June 3000 3000 3500 3500 4000
July 3000 3000 3500 3500 4000
August 3000 3000 3500 3500 4000
September 3000 3000 3500 3500 4000
October 3000 3000 3500 3500 4000
November 3000 3000 3500 3500 4000
December 3000 3000 3500 3500 4000
TOTAL: 36000 36000 42000 42000 48000
 Financial Statement

2018 2019 2020 2021 2022

Sales 536000 1449000 2232000 3160000 4290000

Less Expenses:
Rent 30000 30000 36000 36000 42000
Travelling 24000 27600 30000 32400 34800
Gasoline & Oil 30000 33600 36000 39600 42000
Supplies 12000 12000 14400 14400 15000
Water 8400 8400 9600 9600 10800
Telephone 24000 24000 17600 27600 30000
Advertisement 3500 2000 1500 1000 2500
Electricity 24000 24000 30000 30600 36000
Taxes & Licenses 16720 28980 44040 63200 86800
Salaries & Wages 36000 36000 42000 42000 48000
Others 2000 1000 1500 1000
Net Income 301380 1187820 1994760 2990600 3942100