Revised Business Plan

Lal-lo National High School
Centro, Lal-lo, Cagayan, Philippines

ACCOUNTANCY, BUSINESS AND MANAGEMENT
BUSINESS PLAN OF FOOD HAUZ
DIMPLE MAE M. CARILLO
EUNICE LEONILLO
REMY FRUGAL
CHIQUETITA TORRES
KEISI SAQUING
RHEA SALES
CARMIE MAE SOTELO
VINCE ARGONZA
MICHAEL BENEDICT SADIWA
JULIUS BUNUAN
Address: Catayauan, Lal-lo, Cagayan
Phone Number: 09353922605
Email Address: [email protected]
i
ACKNOWLEDGMENT
The Grade XII Accountancy Business and Management students and also the young
entrepreneurs who own Food Hauz would like to express their deepest gratitude, thanksgiving,
and adoration to God for blessing them such supportive parents and teachers who helped them
prepare everything that they needed from the very first day up to the last day of business
simulation.
The owners would like to send their warmest thanksgiving to the parents of the business
owners who have been their helping hands all throughout the process and preparation. The
business owners send their heartfelt love and appreciation to everyone aforementioned. Thank
you and God Bless!

EXECUTIVE SUMMARY
Food Hauz is a new business owned by ten Grade XII Accountancy Business and
Management students which seeks to provide affordable products that can satisfy hunger. The
business owners thought of naming their business after the prominent Marcus Food House which
offers variety of heavy meals. Marcus Food House is popular to the Lalloqueños due to their
products that undeniably satisfy the cravings of anyone. Hence, the accountancy business and
management students agreed to come up with a name that has a twist in it, Food Hauz, with an
‘auz’ rather than ‘ouse.’ It is indeed undeniable that most of the products that are being sold in
our society are no longer capable of quenching the hunger of most of the customers. Aside from
the fact that the business owners like eating heavy meals, one of the aspects that influenced them
to pursue selling products that are satisfying and affordable at the same time is the idea of
earning for personal expenses. In this way, the business owners could earn and save for their own
allowances to somehow lessen the burdens of their parents. Moreover, the young owners knew
that through managing and operating a business, they could learn and adapt strategies in a lot of
aspects to make their future businesses grow.
The young entrepreneurs had their soft opening on November 22, 2018 in which their
business offered three different products, namely; luscious cheese sticks, cheesy puto, and
kutsinta with cheese on top for the first week. Yes, extraordinary tasting cheese sticks, cheesy
puto, and kutsinta. Made up of mouthwatering cheese and sweet crispy wrappers, these can be
one of the best appetizers in town. Next product is the cheesy puto, fluffy puto with cheese on
top, that’s what they call it, this can surely make you eat with gusto with no doubt.
ii
A perfect partner of coffee, milk, soup, or anything that you want to eat. Lastly is the
scrumptious kutsinta with cheese as its topping. Amidst its glutinous property, kutsinta has been
one of the products that Filipinos like eating especially during special occasions. This became
one of the factors that pushed the business owners to include it in the menu.
The business later on included “Laddit”, a Filipino dish made out of noodles that are
yellow in color, Bihon, another dish made out of thinner noodles, pancakes, spaghetti, and soup
in the menu. These are the products that the business owners started offering after finding out
that these are the food products that most of the customers like buying and suggesting. The
business owners have thought of offering all the suggestions instead since most of the customers
have given positive feedbacks out of it.
The business owners have established their business at Lal-lo National High School, at
the Senior High School canteen. Everyone works during the operation. Two people are
responsible in selling the products during break times, the other owners that are present are
responsible in roaming around the school campus to sell the unsold goods. It usually needs
around 4 people to do this work. The owners prepare and sell products that could best fit the
interest of everyone. Since the business owners are still students, they only operate Food Hauz
two to four times a week, Monday to Wednesday, around 7:30- 9:45 in the morning, and then in
the whole afternoon. While on Thursday or Friday, it can only be operated around 7:30-9:45 am
during the vacant periods of the young entrepreneurs. Business owners no longer operate in the
afternoon due to classes.
iii
A total of Php 600.00 has been used in the production of their products. Php 400.00 has
been used in buying the products needed in making 200 pieces of cheese sticks, Php 100.00 for
the kutsinta and another Php 100.00 for puto.
iv
TABLE OF CONTENTS
Cover Sheet …………………………………………. i
Executive Summary …………………………………………. ii-iv
Statement of Purpose …………………………………………. 1
Business Description …………………………………………. 2
Products and Services …………………………………………. 3
Market Analysis …………………………………………. 4-5
Customers ………………………………………….
Competition ………………………………………….
Marketing Strategy ………………………………………….
Management …………………………………………. 6
Operations …………………………………………. 7
Financial Plan …………………………………………. 8
Appendices …………………………………………. 9-11
vi
STATEMENT OF PURPOSES
Food Hauz which is inspired by Marcus Food House is a new business owned by ten
Grade XII Accountancy Business and Management students that sells variety of food products.
The entrepreneurs have thought of putting up a business named Food Hauz because of three
things; first is to provide and offer food products that could satisfy the hunger of every costumer
second is to earn and save money for school expenses, and lastly, to learn strategies on how to
manage a business. The business owners only had two purposes as they were planning on putting
up a business but later on realized another reason from the very first day of operation all the way
to the last day. It is to learn operating and managing a business more effectively. It is undeniable
that within a short period of time, the business owners have found out the strongest and weakest
spot a business could possibly have.
In addition, the business owners have learned a lot of business strategies through hard
times.
1
BUSINESS DESCRIPTION
Food Hauz is a new business owned by ten Grade XII Accountancy Business and
Management students that seeks to provide affordable products that can satisfy hunger. The
business owners thought of naming their business after the prominent Marcus Food House which
offers variety of heavy meals. Marcus Food House is popular to the Lalloqueños due to their
products that undeniably satisfy the cravings of anyone. Hence, the accountancy business and
management students agreed to come up with a name that has a twist in it, Food Hauz, with an
‘auz’ rather than ‘ouse.’
The business owners have established their business at Lal-lo National High School, at
the Senior High School canteen. The owners prepare and sell products that could best fit the
interest of everyone. It operates around 2-3 times a week.
2
PRODUCTS AND SERVICES
Food Hauz offered three different products, namely; luscious cheese sticks, cheesy puto,
and kutsinta with cheese on top during their soft opening. Yes, extraordinary tasting cheese
sticks, cheesy puto, and kutsinta. Made up of mouthwatering cheese and sweet crispy wrappers,
these can be one of the best appetizers in town. Next product is the cheesy puto, fluffy puto with
cheese on top, that’s what they call it, this can surely make you eat with gusto with no doubt. A
perfect partner of coffee, milk, soup, or anything that you want to eat. Lastly is the scrumptious
kutsinta with cheese as its topping. Amidst its glutinous property, kutsinta has been one of the
products that Filipinos like eating especially during special occasions. This became one of the
factors that pushed the business owners to include it in the menu.
The business later on included “Laddit”, a Filipino dish made out of noodles that are
yellow in color, Bihon, another dish made out of thinner noodles, pancakes, spaghetti, and soup
in the menu. These are the products that the business owners started offering after finding out
that these are the food products that most of the customers like buying and suggesting. The
business owners have thought of offering all the suggestions instead since most of the customers
have given positive feedbacks out of it.
3
MARKET ANALYSIS
CUSTOMERS
The business owners have established their business at Lal-lo National High School,
particularly at the Senior High School canteen. The owners made sure that the products that are
being sold would best fit the interest and taste of everyone.
COMPETITION
Other groups and the school canteens became the competitors of the business owners of
the Food Hauz. It is evident how one existing business could affect the number of products sold
when all the groups are selling in the same place. There are also times that Food Hauz would
encounter businesses that offer the same products that the owners sell, this sometimes explain the
unsold goods.
MARKETING STRATEGY
Most of the existing business competitors do not consider the satisfaction that they may
offer to their customers, thus, this became one of the strategies that the business owners have
worked out all through the days. In addition, a lot of businesses are incapable of providing good
services to their buyers which becomes the second strategy that the owners made sure to satisfy.
And lastly, the business owners learned to not focus too much in the income that they may make
out of the business products.
4
Moreover, competitors do not put enough attention unto which products best fit the tastes
of the costumers. Unlike the other existing competitors, the business owners of Food Hauz made
efforts in identifying the products that are mostly bought before preparing another batch of food
products. These strategies may seem cliché but the truth is these are the things that most of the
business owners fail to recognize.
5
MANAGEMENT
Everyone works during the operation. Two people are responsible in selling the products
during break times, the other owners that are present are responsible in roaming around the
school campus to sell the unsold goods afterwards. It usually needs around 4 people to do this
work.
One of the owners is also responsible in preparing and recording all the sales, expenses,
and net income of the business every after business operations.
6
OPERATIONS
Since the business owners are still students, they only operate Food Hauz two to four
times a week, Monday to Wednesday, around 7:30-9:45 in the morning, and then the whole
afternoon. While on Thursday and Friday, it can only be operated around 7:30-9:45 am during
the vacant periods of the young entrepreneurs. Business owners no longer operate in the
afternoon due to classes.
7
FINANCIAL PLAN
A total of Php 600.00 has been used in the production of their products. Php 400.00 has
been used in buying the products needed in making 200 pieces of cheese sticks, Php 100.00 for
the kutsinta and another Php 100.00 for the puto.
8
APPENDICES
9
10
11

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Lal-lo National High School

Centro, Lal-lo, Cagayan, Philippines

BUSINESS PLAN OF FOOD HAUZ

DIMPLE MAE M. CARILLO

CARMIE MAE SOTELO

MICHAEL BENEDICT SADIWA

Address: Catayauan, Lal-lo, Cagayan

Phone Number: 09353922605

Email Address: [email protected]

you and God Bless!

aspects to make their future businesses grow.

have given positive feedbacks out of it.

afternoon due to classes.

the kutsinta and another Php 100.00 for puto.

Cover Sheet …………………………………………. i

Executive Summary …………………………………………. ii-iv

Statement of Purpose …………………………………………. 1

Business Description …………………………………………. 2

Products and Services …………………………………………. 3

Market Analysis …………………………………………. 4-5

Marketing Strategy ………………………………………….

Financial Plan …………………………………………. 8

Appendices …………………………………………. 9-11

spot a business could possibly have.

‘auz’ rather than ‘ouse.’

interest of everyone. It operates around 2-3 times a week.

PRODUCTS AND SERVICES

factors that pushed the business owners to include it in the menu.

have given positive feedbacks out of it.

out of the business products.

business owners fail to recognize.

and net income of the business every after business operations.

afternoon due to classes.

the kutsinta and another Php 100.00 for the puto.

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