Entrepreneurial Plan ( Business Plan )

INTRODUCTION I. Introduction Snacks have always been a part of our everyday routine and one of the most favored snacks is chips. From students grabbing a fast snack in between classes to professionals having their 30-minute coffee break, chips have been the choice. From the humble potato to whole wheat variants, chips have diversified into more than your basic snack fix. Chips have always been synonymous to junk foods. Junk foods are food that has low nutritional value and often times are high in fat, sodium and cholesterol. Despite that fact, people have always patronized chips.

A reason may be because the crunchiness and savory taste is something people have been addicted to. But nowadays, people have been more conscious about what they eat. This led to the emergence of healthier versions of chips and one of which is vegetable chips. Vegetable chips are a great alternative to the usual chips. Not only is it less processed and artificially flavored, it also gives you a variety of flavors. That’s what Healthy Corner Enterprise offers. The company will offer a mix of vegetable chips composed of potato, sweet potato, purple yam, cassava, and squash.

It is definitely enjoying chips in a healthier way. EXECUTIVE SUMMARY II. Executive Summary The company will operate under the name of Healthy Corner Enterprise located at the EV (Entrepreneurial Venture) area, 3rd floor of the SFC building, University of the East – Manila. It will provide healthy and quality yet affordable vegetable chips called Vmix. This is a mixture of different vegetable chips namely potato, sweet potato, cassava, squash and purple yam. The chips have variety of flavors such as cheese, barbecue, sour cream and the original or the plain salt only. Also, Vmix chips will be sold at 50 grams per pack.

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The company’s goal is to encourage every individual to eat chips in a healthier way by eating our extraordinary vegetable chips called Vmix. The company is composed of eight (8) members who are partners in the business. Each has a position in the company’s organizational hierarchy such as general manager, production manager, marketing manager, financial manager, production staff, sales staff and financial staff. The company will engage in the manufacturing of chips using different vegetables. It will be manually operated by the production team and ensures that every product will be properly cooked and in good quality.

The company will employ effective strategies to sell and make the product known such as the use of simple but attractive packaging, tarpaulin, and through the use of social networking sites. Based on the company’s capacity, the total sales projection for the entire operation, a total of 16 weeks or 240 hours, is approximately 1920 units. The company is capable of meeting such demand where the computed capacity is approximately 30 units daily and 120 units per week. Employees will be compensated based on their designations, duties and qualifications in the company.

Monthly rates are as follows; P240 for the general manager, P220 for financial, marketing and production managers; P200 for the financial and sales staff; and P100 for production staff. They are expected to work daily completing a total of 3 hours. Company policies have been designed to control the company’s operations. The total project cost amount is P15,753,75 and each member will have an equal share in the capital formation. The operations will commence upon the contribution of the members amounting to P1,969. 22 each. No borrowing will be made either short term or long term.

The capital will be used to cover for pre-operating, operating, selling and general and administrative expenses. Monthly operations also require 383 units of vegetable chips must be sold to attain break-even or to cover up for the expenses incurred in producing the products. The projected income statements and balance sheets also prove that the business will be profitable. The financial ratios also show that the company is competitive as compared to competitors around the area. The company also expects to recover its investment for a period of approximately four months on a one year basis.

Generally, the possibility of the business venture to succeed is highly attainable. BUSINESS DESCRIPTION III. Business Description A. Company Name, Address, Form of Business Organization, Statement of Vision and Mission A. 1 Name and Address of the Company The researchers will be naming the company as Healthy Corner Enterprise. The main goal is to offer chips that are good for the health. The company’s aim is to give satisfaction to customers by providing them quality, healthy, and affordable vegetable chips. The store will be located at the University of the East, Manila, EV Room of the Business Administration Building.

Healthy Corner Enterprise will be targeting the students of the University of the East, Manila as its primary market. Healthy Corner Enterprise will offer healthy and nutritious vegetable chips. The main components of this product are Potato, Sweet Potato, Purple Yum, Cassava and Squash. A. 2 The Business Venture and Form of Business Organization The company will be engaged in a manufacturing type of business operation. The company is involved in producing mix vegetable chips from raw materials. The company will be a general partnership form of business organization.

The eight (8) partners bind themselves to contribute money into a common fund and would then divide the profits among themselves. A. 3 Statement of Vision and Mission Vision To become one of the top producers of nutritious and healthy vegetable chips. Mission The company’s will and principle in attaining its vision will be realized by: * Ensuring that every product we produced will be in good quality. * Creating good relationship with customers and competitors. * Creating consumer loyalty. * Guaranteeing that our products are made from fresh ingredients. B. Nature of Operations

Healthy Corner Enterprise is engaged in the manufacturing of vegetable chips intended for the students, faculty and staff of the university. The company’s function is to provide healthy snacks as a substitute to the usual chips that we eat. The company will be doing this by using different vegetables such as Potato, Purple Yam, Sweet Potato, Cassava and Squash. C. Product to be offered Healthy Corner Enterprise will offer nutritious, healthy and affordable chips. The company will produce 50g pack of assorted vegetable chips made of potato, sweet potato, purple yam, cassava and squash.

The vegetable chips will be available in the following flavors: plain, cheese, sour and cream, and barbeque. MAJOR ASSUMPTIONS IV. Major Assumptions Marketing Plan 1. The company will provide healthy and quality chips to the customers 2. The company will be one of the most competitive companies when it comes to selling chips. 3. The company will produce at least thirty (30) units of the product everyday. 4. The company will reach all quotas per day. 5. The company will promote the product to attract customers. 6. The company plans to expand the business and sell outside the campus to reach a larger market. . The company will use different advertising tools to increase the popularity of the product. 8. 50% and 20% increased of production for 2 consecutive years of Long term projection. Technical Plan 1. All products produced within the week will be considered sold since the company is quota-based. 2. Production capacity will be increased when the group finds additional equipment (vacuum sealer) which can be rented. 3. Raw materials will be bought twice a week, Monday and Wednesday. 4. Raw materials used for the preparation of the product will be bought in 1 ? kilos per day.

Supplier may vary according to the availability of the needed raw materials. 5. The company will utilize manual means of preparation to ensure standard quality of all Healthy Corner Enterprise products. 6. Mix Vegetable Chips will be sold at P25 for every 50 grams of chips packed in a sealed aluminium foil. Organizational and Management Plan 1. The company will be composed of ten (10) members and will increase the number of employees for the next three (3) years. 2. The company will widen the organizational structure within two (2) years. Financial Plan Short-term assumptions

Healthy Corner Enterprise has a total capital contribution of P 15, 753. 75. Divided among 8 partners, each member contributed an amount of P1, 969. 22. 1. The source of the capital is raised through investment of each partner, there will be no borrowings. 2. The company will open a bank account at Bank of the Philippine Islands, Morayta Branch with a maintaining balance of P5, 000. 00. 3. The company will operate five (5) days a week. 4. No goods are to be left unsold at the end of each period. 5. All purchases and sales will be on a cash basis. 6. No loans will be contracted. 7.

There will be no increase in expenses for the whole term. 8. The operations will be from June 2013 up to October 2013. 9. The selling price of the product will be P25. 00 for 50kg 10. We will liquidate in October 2013. Long-Term Assumptions 1. Healthy Corner Enterprise will start its operations in June 2013 2. There will be no borrowings. 3. Indirect materials and office supplies will be bought in the first month of operation. There will be additional indirect materials and office supplies. 4. Direct materials will be bought every day. 5. The company will operate five (5) days a week. 6.

All purchases and sales will be on cash basis. 7. There will be no borrowings. 8. Additional Equipment will be acquired in 2014. 9. There will be no withdrawals within 2 years of continuous operation. 10. Output will increase by 50% in 2014 and 20% in 2015 11. The selling prices would be increased to P30. 00 in 2014 and to P35. 00 in 2015. 12. Operation will resume on January 2014. DEFINITION OF TERMS V. Definition of terms Business description - Is a detailed overview of what you intend to accomplish. Business Assumption - Is a post-planning method that helps companies to deal with uncertainty.

It is used to identify the most important assumptions in a company’s business plans, to test these assumptions, and to accommodate unexpected outcomes Brand - is a "Name, term, design, symbol, or any other feature that identifies one seller's good or service as distinct from those of other sellers. " Labelling - Is any written, electronic, or graphic communications on the packaging or on a separate but associated label. Packaging - Is the science, art, and technology of enclosing or protecting products for distribution, storage, sale, and use.

Packaging also refers to the process of design, evaluation, and production of packages. Packaging can be described as a coordinated system of preparing goods for transport, warehousing, logistics, sale, and end use. Packaging contains, protects, preserves, transports, informs, and sells. In many countries it is fully integrated into government, business, institutional, industrial, and personal use. Market analysis - Is a study the attractiveness and the dynamics of a special market within a special industry. It is part of the industry analysis and this in turn of the global environmental analysis.

Through all these analyses the chances, strengths, weaknesses and risks of a company can be identified. Finally, with the help of a SWOT analysis, adequate business strategies of a company will be defined. -It is also known as a documented investigation of a market that is used to inform a firm's planning activities, particularly around decisions of inventory, purchase, work force expansion/contraction, facility expansion, purchases of capital equipment, promotional activities, and many other aspects of a company. Marketing plan - Is an overall business plan. Solid marketing strategy is the foundation of a well-written marketing plan.

While a marketing plan contains a list of actions, a marketing plan without a sound strategic foundation is of little use. Market segment - Is a sub-set of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities of those products such as price or function. A true market segment meets all of the following criteria: it is distinct from other segments (different segments have different needs), it is homogeneous within the segment (exhibits common needs); it responds similarly to a market stimulus, and it can be reached by a market intervention.

Pricing strategies - Is composed of three main ways to improve profits. These are that the business owner can cut costs or sell more, or find more profit with a better pricing strategy. In the downturn of 2008-11, and since, when costs are likely already at their lowest and sales are hard to find, adopting a better pricing strategy is a key option to stay viable. Promotional mix or promotional plan - Is composed of elements which are personal selling, advertising, sales promotion, direct marketing, and publicity.

A promotional mix specifies how much attention to pay to each of the five subcategories, and how much money to budget for each. A promotional plan can have a wide range of objectives, including: sales increases, new product acceptance, creation of brand equity, positioning, competitive retaliations, or creation of a corporate image. Fundamentally, however there are three basic objectives of promotion. Management - Is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively.

Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources and natural resources. Management plan -Is defined in the PMBOK Guide Third Edition, as a formal, approved document that defines how the project is executed, monitored and controlled. It may be summary or detailed and may be composed of one or more subsidiary management plans and other planning documents.

The objective of a project management plan is to define the approach to be used by the Project team to deliver the intended project management scope of the project. Partnership - Is an arrangement where parties agree to cooperate to advance their mutual interests. Break-even point (BEP) - Is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has "broken even". A profit or a loss has not been made, although opportunity costs have been paid, and capital has received the risk-adjusted, expected return. Financial statement (or financial report) Is a formal record of the financial activities of a business, person, or other entity. In British English—including United Kingdom company law—a financial statement is often referred to as an account, although the term financial statement is also used, particularly by accountants. Statement of cash flows -  is useful in determining the short-term viability of a company, particularly its ability to pay bills. Statement of Changes in Equity - summarizes the movement in the equity accounts during the year namely share capital, share premium, retained earnings, revaluation surplus, unrealized gains on investments, etc.

Statement of Comprehensive Income {Profit and Loss statement (or a "P;L")} * illustrates the financial performance and results of operations of a particular company or entity for a period of time. Statement of Financial Position (balance sheet) - presents the financial position of an entity at a given date. It is comprised of three main components: Assets,liabilities and equity. Statement of Financial Position helps users of financial statements to assess the financial soundness of an entity in terms of liquidity risk, financial risk, credit risk and business risk. Nutrition facts defines a serving size and describes the weights of macronutrients (fat, carbohydrate, protein) in a serving and the percentages that these macronutrients represent of the daily Recommended Dietary Allowance (RDA) for a 2000-Calorie diet. Expiration date * the last date that a product, as food, should be used before it is considered spoiled or ineffective, usuallyspecified on the label or package. Marketing Plan VI. Marketing plan A. Market Description and Assessment The Company was able to identify its potential market for the product by conducting a Marketing research.

Among 100 respondents surveyed, 98 percent are willing to buy the product. B. Market Segmentation, Targeting and Positioning PRIMARY MARKET SEGMENTATION * College Students of the University of the East, Manila Campus * First to Fourth/Fifth Year * Male and Female SECONDARY MARKET SEGMENTATION The secondary target market will include all Elementary and High School Students, Faculty members as well as the other employees of the University of the East- Manila. C. Competitor/Competition Analysis

In establishing a business, one of the most important thing to do is to analyze the competition in that certain segment. The competition in the market will definitely affect how we will strategize just to be able to surpass the competitor. It will also help us determine or create our competitive advantage against other competitors. Direct competitors of the Healthy Corner Enterprise will be fellow students who are also engaged in selling food products. Other competitors of the company are the two (2) canteens and one (1) cafe located inside the University.

Indirect Competitors of the company would be the different establishments engaged in selling foods outside the University, these includes: a) Convenient stores such as 7Eleven and Ministop, near the University. b) Business establishments engaged in selling food that is different from the nature of our product. STENGTHS, WEAKNESSSES, OPPORTUNITIES AND THREATS SWOT ANALYIS In SWOT analysis, a certain company must be able to identify the internal capabilities of the company and also the external parameters affecting the company. This is very helpful for every organization.

This will give the company the idea on the core area on which the strategy of your business depends, weaknesses your company has, opportunities that you might have in the market, and external threats of which the company has to be aware of. The Healthy Corner Enterprise product “ V-Mix” SWOT Analysis is shown below. Strengths * Provides convenience to customers * The price is affordable to the market. * Wide array of customers; from students to employees. * Very healthy. Weaknesses * Perishable. * The unpredictability when it comes to the number of customers. The competitors are more known compared to our newly introduced chips. Opportunities * The demands of the product will more likely increase if there are school activities. * Creating an outlet whether inside or outside the campus. Threats * When a new food product comes out in the market * When the number of competitors increase D. Marketing and Sales Strategies PRODUCT DESCRIPTION The “V-Mix” is a unique mix of healthy vegetable. Our product is unique because it doesn’t only offer customers one but instead a mixture of vegetables chips which is good for our health.

This will really entice the target customers because of its nutritional value. The vegetables are shaped using a peeler so the chips are as thin as possible to be able to create that crispiness. Vegetables are typically used in households as part or ingredient in different dishes or eaten fresh. That is why some of the customers are not fond of eating vegetable because of the texture and the taste. But now that we can offer a different face for vegetables as chips, then target customers will be encourage to buy.

Unlike the usual chips or what we call “junk foods” , our products is definitely much healthier than the rest of those because we make them from fresh vegetables and most importantly , we don’t put preservatives. We do not also put Monosodium Glutamate, which if taken too much can cause some sickness, Our products will be conveniently packed in an aluminium foil wrapper and will be sealed to be able to maintain the crispness and freshness of the chips. PRICING STRATEGY The researchers considered the price of the product since majority of the consumers are students. With this, the company came up with an affordable price.

The breakdown is as follows: DESCRIPTION| Price/Unit| Direct Materials|  12. 18| Direct Labor|   0. 83| Office Supplies|  0. 05| Equipment|  0. 16| Indirect Material|  0. 21| Utilities Expense|  3. 1| Advertising Expense|  0. 08| OVERALL COST| 16. 64| Mark-up: Add 33. 34%| 8. 36| SELLING PRICE| P25. 00| PACKAGING Healthy Corner Enterprise decided to place the finished product in a plastic aluminium wrapper just like usual chips. The company will make sure that the product will be easily recognize because of its simple yet very catchy design that will entice the target market.

A sticker will be attached on the packaging. LABEL The product label will consist of Product name, Company name, Address of the company, E-mail Address, Contact number, Ingredients, Nutrition Facts, Date Manufactured and Date of Expiration . COMPANY LOGO PROMOTION To let the target market know the product, the company shall make some promotional and advertising strategy. The company will be using direct selling, print advertisement (tarpaulin) and will also make use of social networking sites to promote products to students. The tarpaulin will be placed at the company’s store located at the EV Cafe.

Stated in the said tarpaulin is the company name, name of product, place of production, contact details so that the customer can easily reach out to us. Along with the expansion, the company may increase its target market after the term. The company will add new flavors and variations of vegetables to be mixed and may come up with different sizes to suite a larger market. ADVERTISING EXPENSE Advertising material| Quantity| Size| Price per unit| Total price| Tarpaulin| 1| 2x3 feet| P150. 00| P150. 00| Total| 1| | | P150. 00| SAMPLE TARPAULIN The sample tarpaulin design is made for promotion of the company’s product.

This tarpaulin will provide customers the information that they need about the product. The picture contains the company name, product name, location, contact details, picture of the product, and price. E. Sales Projections The table below shows the sales projections within four (4) months. It is needed to estimate and project the sales that the company will produce. The researchers used Qualitative Forecasting to project the sales for four (4) months of business operation. This is a type of forecasting method based on the quantitative models and is objective and nature.

The researchers based the units of production on the survey since 49% of the respondents will buy the product twice a week. Legend: Respondents = 49twice a week= 2working days per week= 5 (49 X 2)/ 5= 98/ 5= 19 as estimated buyers of product per day and we expect to add 11 pcs for those who would want to try the product per day summing up for 30pcs. *Note: Friday will be devoted to sell unsold goods from the previous days. | 1st Week Projections| | Orders/Day| Sales Price| Revenue| Cost per Unit| Total Cost| Net Profit| Monday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Tuesday| 30 UNITS| P25. 0| P750. 00| P13. 31| P399. 30| P447. 60| Wednesday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Thursday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Friday| 0 UNIT| P25. 00| P00. 00| P13. 31| P00. 00| P00. 00| Week's Total| 120 UNITS| | P3,000. 00| | P1,597. 2| P1,790. 40| | 2nd Week Projections| | Orders/Day| Sales Price| Revenue| Cost per Unit| Total Cost| Net Profit| Monday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Tuesday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Wednesday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 0| Thursday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Friday| 0 UNIT| P25. 00| P00. 00| P13. 31| P00. 00| P00. 00| Week's Total| 120 UNITS| | P3,000. 00| | P1,597. 2| P1,790. 40| | 3rd Week Projections| | Orders/Day| Sales Price| Revenue| Cost per Unit| Total Cost| Net Profit| Monday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Tuesday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Wednesday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Thursday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Friday| 0 UNIT| P25. 00| P00. 00| P13. 1| P00. 00| P00. 00| Week's Total| 120 UNITS| | P3,000. 00| | P1,597. 2| P1,790. 40| | 4th Week Projections| | Orders/Day| Sales Price| Revenue| Cost per Unit| Total Cost| Net Profit| Monday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Tuesday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Wednesday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Thursday| 30 UNITS| P25. 00| P750. 00| P13. 31| P399. 30| P447. 60| Friday| 0 UNIT| P25. 00| P00. 00| P13. 31| P00. 00| P00. 00| Week's Total| 120 UNITS| | P3,000. 00| | P1,597. 2| P1,790. 40|  |  |  |  |  |  |  | | Monthly| Orders/Month| Sales Price| Revenue| Cost per Unit| Total Cost| Net Profit| Total| 480 UNITS| P25. 00| P12, 000. 00| P13. 31| P6,388. 80| P5,611. 2| Short Term (2013)| | 1st| 2nd| 3rd| 4th| Total Per Month| January| | | | |  | February| | | | |  | March| | | | |  | April| | | | |  | May| | | | | | June| | | 120| 120| 240| July| 120| 120| 120| 120| 480| August| 120| 120| 120| 120| 480| September| 120| 120| 120| 120| 480| October| 120| 120| | | 240| November| | | | | | December|  |  |  |  | | Total|  |  |  |  | 1920 UNITS| Period Sales|  |  |  |  | P 48,000. 00| Period Cost of Goods Sold|  |  |  |  | P 25,555. 0| Long term 2014-2015 2014| Months| No. of unitsProduced/Month| 50% increase in the no. ofUnits produced/ month| Total no. of units produced/ month| Price| Total Sales| January| 480| 240| 720| P30. 00| P21,600. 00| February| 480| 240| 720| P30. 00| P21,600. 00| March| 480| 240| 720| P30. 00| P21,600. 00| April| 480| 240| 720| P30. 00| P21,600. 00| May| 480| 240| 720| P30. 00| P21,600. 00| June| 480| 240| 720| P30. 00| P21,600. 00| July| 480| 240| 720| P30. 00| P21,600. 00| August| 480| 240| 720| P30. 00| P21,600. 00| September| 480| 240| 720| P30. 00| P21,600. 00| October| 480| 240| 720| P30. 00| P21,600. 0| November| 480| 240| 720| P30. 00| P21,600. 00| December| 480| 240| 720| P30. 00| P21,600. 00| Total| 5760| 2880| 8640| P30. 00| P259, 200. 00 | 2015| Months| No. of unitsProduced/Month| 20% increase in the no. of Units produced/month| Total no. of unitsproduced/ month| Price| TotalSales| January| 720| 144| 864| P35. 00| P30,240. 00| February| 720| 144| 864| P35. 00| P30,240. 00| March| 720| 144| 864| P35. 00| P30,240. 00| April| 720| 144| 864| P35. 00| P30,240. 00| May| 720| 144| 864| P35. 00| P30,240. 00| June| 720| 144| 864| P35. 00| P30,240. 00| July| 720| 144| 864| P35. 00| P30,240. 00|

August| 720| 144| 864| P35. 00| P30,240. 00| September| 720| 144| 864| P35. 00| P30,240. 00| October| 720| 144| 864| P35. 00| P30,240. 00| November| 720| 144| 864| P35. 00| P30,240. 00| December| 720| 144| 864| P35. 00| P30,240. 00| Total| 8640| 1728| 10368| P35. 00 | P362,880. 00| Technical Plan VII. Technical Plan Raw Materials Potato The Potato is the staple food of many cultures and civilizations past and present, and is the world's fourth largest food crop. Potato is a versatile, carbohydrate-rich food highly popular worldwide and prepared and served in a variety of ways. In addition, the potato is low in fat.

Potatoes are rich in several micronutrients, especially vitamin C - eaten with its skin, a single medium sized potato of 150 g provides nearly half the daily adult requirement (100 mg). The potato is a moderate source of iron, and its high vitamin C content promotes iron absorption. It is a good source of vitamins B1, B3 and B6 and minerals such as potassium, phosphorus and magnesium, and contains folate, pantothenic acid and riboflavin. Potatoes also contain dietary antioxidants, which may play a part in preventing diseases related to ageing, and dietary fibre, which benefits health. Purple Yam

Purple yams are similar to sweet potatoes and are known by several names, including violet yams, ubes, and water yams. Purple yams, or Dioscorea alata, are nutritionally similar to other types of potatoes; they are rich in carbohydrates but low in protein and fat. Purple yams are rich in carbohydrates; each 125-g yam provides 42 g of carbohydrates. None of these carbohydrates come from sugar, while 6 g come from dietary fiber, a nutrient that promotes feelings of fullness. Purple yams, like other types of potatoes and starchy foods, are low in protein. A 125-g purple yam contains just 2 g of protein.

Purple yams are naturally low in fat. Each 125-g serving of purple yam contains just . 25 g of fat. Dietary fat is high in calories, but it does provide nutritional benefits, including promoting the absorption of some nutrients and assisting in healthy growth and development. Sweet potato The sweet potato belongs to an entirely different food family than the common potato, though both hail originally from Central and South America. Packed with vitamins and minerals as well as being a great source of fiber, the sweet potato is continuously found high on any list of the most nutritional vegetables in the world.

Sweet potatoes have a high nutrition value when compared to other vegetables. They are fat-free and low in calories, and a great food for any weight-loss plan. Sweet potatoes are rich in antioxidants such as vitamin C and vitamin A. Beta carotene, from which the orange ones get their orange color, gets converted to vitamin A in the body, and research shows that vitamins A and C reduce the risk of certain cancers such as colon cancer, and atherosclerosis, and also slow down the aging process. Cassava

Cassava roots combine high energy and high levels of some vitamins, minerals and dictary fibre and contain no trypsin inhibitor, but create a problem due to presence of cyanide which is removed by post-harvest treatments and cooking. The edible green leaves of cassava are a good source of protein, vitamins and minerals and are often used to augment the rural diet. Squash Squash provide several nutritional benefits. They are low in calories and provide a decent amount of vitamin C, potassium, and carotenes. Squash are especially beneficial during the summer months due to their higher water content.

They protect against dehydration and the carotenes help to protect against the damaging effects of the sun. Cooking oil A vegetable oil is a triglyceride extracted from a plant. . Vegetable oils are composed of triglycerides, as contrasted with waxes which lack glycerin in their structure. Although many plant parts may yield oil, in commercial practice, oil is extracted primarily from seeds. Powder (cheese, barbecue, sour cream) Cheese, Barbecue and Sour cream powder is used to add flavors into the chips. Salt Iodized salt is table salt mixed with a minute amount of various salts of the element iodine.

The ingestion of iodide prevents iodine deficiency. Worldwide, iodine deficiency affects about two billion people and is the leading preventable cause of mental retardation. Deficiency also causes thyroid gland problems, including "endemic goitre. "  A. Productions/Operations Design Type of Operation The company will be engaged in a manufacturing type of business operation. The company is involved in producing chips using vegetables. Healthy corner Enterprise will utilize manual procedures in the manufacture of its product. The procedures of cooking the chips will be followed trictly in order to provide a healthy, delicious and crunchy vegetable chips. A. 2 Operation Schedule/Operating Hours Healthy corner enterprise will operate from Monday to Friday. The operation inside the University of will start at 1:00 pm to 4:00 pm. Labor divisions are enumerated below. For producing the product: 1. Anna Terizza Mari Macaraig 2. Caren Christelle Cruz 3. Louie Gaudario For selling: 1. Enzel Romero 2. Dexter Gamboa 3. Raymart Agustin For Financial matters: 1. Roxanne Lim 2. Dina Fernandez A. 3 Materials, Tools and Supplies The production of mix vegetable chips will be all manually made.

The operating time will be 1:00p. m. -4:00p. m. , from Monday to Friday. MATERIALS, TOOLS, AND SUPPLIES Office Supplies: MATERIALS| PRICE/UNIT| QUANTITY FOR FOUR MONTHS| TOTAL PRICE FOR FOUR MONTHS| Columnar Book| P 20. 00| 1| P 20. 00| Ball pen| P5. 00| 3| P 15. 00| Log book| P30. 00| 1| P30. 00| Scissors| P15. 00| 2| P30. 00| Total| | | P 95. 00| A. 4 Production Planning Direct Materials Materials| Price| Quantity for four months| Total price for four months| Potato| P30. 00| 48 kg| P1,440. 00| Sweet Potato| P26. 25| 48 kg| P1,260. 00| Cassava| P11. 25| 48 kg| P540. 00| Purple Yam| P26. 25| 48 kg| P1,260. 0| Squash| P21. 00| 48 kg| P1,008. 00| Vegetable oil| P150. 00| 16| P2,400. 00| Salt| P19. 00| 4| P76. 00| Cheese/Sour Cream/ Barbeque Powder| P25. 00| 20| P500. 00| Label| P2. 50| 2,400| P6,000 . 00| Paper Towel| P65. 00| 4 packs| P260. 00| Aluminium Foil| P3. 60| 2,400| P8,640. 00| Total| | | P23,384. 00| Indirect Materials Materials| Price| Quantity for four months| Total price for four months| Apron| P35. 00| 3| P105. 00| Hair net| P10. 00| 3| P30. 00| Plastic Gloves| P32. 75| 1 pack| P32. 75| Peeler| P80. 00| 2| P160. 00| Knife| P50. 00| 1| P50. 00| Chopping board| P100. 00| 1| P100. 00|

Kitchen tong| P25. 00| 1| P25. 00| Plastic container| P15. 00| 4| P60. 00| Total| | | P412. 75| Office Supplies Materials| Price| Quantity for four months| Total price for four months| Scissors| P15. 00| 2| P30. 00| Ballpen| P5. 00| 3| P15. 00| Log book| P30. 00| 1| P30. 00| Columnar book| P20. 00| 1| P20. 00| Total| |  | P95. 00| Equipment Equipment| Price| Quantity for four months| Total price for four months| Deep Fryer| P2,000. 00| 1| P2,000. 00| Weighing Scale| P150. 00| 1| P150. 00| Sealer| P600. 00| 1| P600. 00| Total|  |  | P2,750. 00| A. 5 Time Motion Study and Production Assessments * Preparation PROCEDURE| DURATION| PICTURE| 1| Remove the skin of the vegetable using a peeler. | 3 minutes| | 2| Wash the vegetables| 2 minutes| | 3| Use peeler to create a thin slices of vegetable. | 10 minutes| | Total| | 15 minutes| | * Cooking | PROCEDURE| DURATION| PICTURE| 1| Cook the thin slices of vegetables| 15 minutes| | 2| Drain the oil using paper towel and cool down the chips. | 3 minutes| | Total| | 18 minutes| | * Packaging | PROCEDURE| DURATION| PICTURE| 1| Packaging and Sealing| 3 minutes| | Total| | 3 minutes| | TOTAL TIME | PROCEDURE| TOTAL TIME| 1| Preparation| 15 minutes| 2| Cooking| 18 minutes| | Packaging| 3 minutes| Total| | 36 minutes| Total of product that will be produced in a given time (36 minutes) are 6 packs of mix vegetable chips. FLOWCHART Wash the vegetables. (2 minutes) Wash the vegetables. (2 minutes) Remove the skin of the vegetables. (3 minutes) Remove the skin of the vegetables. (3 minutes) Use a peeler to create thin slices of vegetable. (15 minutes) Use a peeler to create thin slices of vegetable. (15 minutes) Cook the thin slices of vegetables. (10 minutes) Cook the thin slices of vegetables. (10 minutes) Packaging and sealing (3 minutes) Packaging and sealing (3 minutes)

Drain the oil and cool down the chips. (3 minutes) Drain the oil and cool down the chips. (3 minutes) A. 6 Equipment (for the whole semester) Item| Quantity | Purpose| Amount| Deep Fryer| 1| For cooking| P2,000. 00| Weighing scale| 1| For determining the weight | P150. 00| Sealer| 1| For sealing| P600. 00| Depreciation Equipment| Acquisition cost| Useful Life| Yearly Depreciation| Monthly Depreciation| Daily Depreciation| Weighing Scale| P150. 00| 3 years| P50. 00| P4. 17| P0. 21| Sealer| P600. 00| 3 years| P200. 00| P16. 67| P0. 83| Deep Fryer | P2000. 00| 3 years| P666. 67| P55. 6| P2. 78| B. Capacity Analysis and Production Scheduling Capacity Assessment The company will start its selling operation at 1:00p. m. and ends at 4:00p. m. which give the company a total of 3 hours or 180 minutes. The company has the maximum capacity per day of 30 orders of Mix Vegetable Chips. Computation: Total minutes= time x minutes 3 hours x 60 minutes = 180 minutes Total batches= total minutes/cooking time 180/36 minutes= 5 batches Units produced= total batches x 6 packs 5 batches x 6 packs= 30 packs Production capacity= 30 packs per day Production Schedule The company starts its activity from 1:00p. . -4:00p. m. Activities will be done inside the university. Below is the table showing the company’s overall activities. Day| Time| Activity| Number of Workers| | | Administrative| Production| | Monday To Thursday| 1:00-1:36| Attendance and preparation of working area| Peeling, cooking, and packaging| 8| | | | | | | 1:36-2:12| Direct Selling| Peeling, cooking, and packaging| 8| | | | | | | 2:12-2:48| Direct Selling| Peeling, cooking, and packaging| 8| | 2:48-3:24| Direct Selling| Peeling, cooking ,and packaging| 8| | 3:24-4:00| Direct Selling| Checking of inventoryCleaning the workplace| 8| Mix Vegetable chips that are not sold from Monday to Thursday will be sold on Friday since the company is quota-based. C. Product Costing Manufacturing Cost (Monthly) Direct MaterialsP 5,846. 00 Direct Labor P 400. 00 Factory Overhead Indirect MaterialsP 103. 19 Office Supplies P 23. 75 Advertising Expense P 37. 50 Depreciation – Equipment P 76. 39 Utilities P 1,500. 00 Total Cost P 7,986. 83 Direct Materials Items| Quantity| Unit Cost| Cost per month | Potato| 12 kg| P30. 00| P360. 00| Sweet Potato| 12 kg| P26. 25| P315. 00| Cassava| 12 kg| P11. 5| P135. 00| Purple Yam| 12 kg| P26. 25| P315. 00| Squash| 12 kg| P21. 00| P252. 00| Vegetable oil| 4 bottles (2 Liters)| P150. 00| P600. 00| Salt| 1 pack (500 g)| P19. 00| P19. 00| Cheese/Sour Cream/ Barbeque Powder| 5| P25. 00| P125. 00| Label| 600| P2. 50| P1500. 00| Paper Towel| 1 pack (1000 pcs. )| P65. 00| P65. 00| Aluminium Foil| 1| P3. 60| P2,160. 00| TOTAL|  |  | P5,846. 00| Computation of Direct Materials Cost per unit Total Cost per month = P 5,846. 00 Total Units to be produced= 480 units Direct Materials Cost per unit = P 12. 18 Computation of Direct Labor Cost

Positions| Salary per Day| Salary per Week| Salary per month| Production Staff (2)| P10. 00| P100. 00| P400. 00| TOTAL|  |  | P400. 00| Indirect Materials | Quantity| Price/unit| Total Cost| Apron| 3| P35. 00| P105. 00| Hair net| 3| P10. 00| P30. 00| Plastic gloves| 1 pack| P32. 75| P32. 75| Peeler| 2| P35. 00| P70. 00| Knife| 1| P35. 00| P35. 00| Chopping board| 1| P65. 00| P65. 00| Kitchen Tong| 1| P15. 00| P15. 00| Plastic container| 4| P15. 00| P60. 00| TOTAL|  |  | P412. 75| Computation of Indirect Materials Cost per unit Total Cost per month = P 103. 19 Total Units to be produced= 480

Indirect Materials Cost per unit = P 0. 21 Office Supplies | Quantity| Price/unit| Total Cost| | | | | Scissors| 2| P15. 00| P30. 00| Ballpen| 3| P5. 00| P15. 00| Log book| 1| P30. 00| P30. 00| Columnar book| 1| P20. 00| P20. 00| TOTAL|  |  | P95. 00| Computation of Office Supply Cost per unit Total Cost per month = P 23. 75 Total Units to be produced= 480 Indirect Materials Cost per unit = P 0. 05 Computation of Indirect Labor Cost | Salary per Day| Salary per Week| Salary per Month| Positions|  |  |  | General Manager| P12. 00| P60. 00| P240. 00| Marketing Manager| P11. 00| P55. 00| P220. 00|

Financial Manager| P11. 00| P55. 00| P220. 00| Production Manager| P11. 00| P55. 00| P220. 00| Sales staff | P10. 00| P50. 00| P200. 00| Financial staff| P10. 00| P50. 00| P200. 00| Total Indirect Labor|  |  | P1,300. 00| Computation of Advertising Expense | Cost/Month| Tarpaulin| P37. 50| Total| P37. 50| Computation of Utilities Expense | Cost/day| Cost/week| Cost/month| Cost for four months| Light| P20. 00| P100. 00| P400. 00| P1,600. 00| Water | P5. 00| P25. 00| P100. 00| P400. 00| Rent| P50. 00| P250. 00| P1,000. 00| P4,000. 00| Total|  |  |  | P6,000. 00| Computation of Factory Overhead Factory Overhead Cost/Month| Office Supplies| P23. 75| Equipment-Depreciation| P76. 39| Indirect Materials| P103. 19| Utilities Expense| P1500. 00| Total| P1,703. 33| Computation of Fixed Cost | Cost/Month| Utilities Expense| P1,500| Salaries| P1,700| Total| P3,200. 00| Computation of Variable Cost | Cost/Month| Direct Materials| P5,846. 00| Indirect Materials| P103. 19| Office Supplies| P23. 75| Advertising Expense| P37. 50| Equipment-Depreciation| P76. 39| Total| P6,086. 83| Total Production Cost | Cost/Month| Direct Materials| P5,846. 00| Direct Labor| P400. 00| Factory Overhead:|  | Indirect Materials| P103. 19|

Utilities Expense| P1,500| Advertising Expense| P37. 50| Office Supplies| P23. 75| Equipment-Depreciation| P76. 39| TOTAL| P7,986. 83| D. Break-even Analysis Cost per Unit = Total Production Cost Total Units = P 7,986. 83 480 units/month = P 16. 64 Mark – up (at cost)| | Cost per unit| P 16. 64| Add: 33. 44%| 8. 36| Selling Price| P25. 00| Contribution Margin per unit = Total Selling Price – Total Cost per Unit = P25. 00 – P16. 64 = P8. 36 Contribution Margin Percentage = Contribution Margin per unit Selling Price = P8. 36 P25. 00 = 0. 3344/ 33. 44% Breakeven point = ____ Total Fixed Cost_____

Contribution Margin per unit = P3,200 8. 36 = 382. 78/383 units The result shows that in order to cover up the expenses incurred in producing the product or to attain break-even, 383 units of Mix vegetable chips must be sold. Breakeven sales in peso = ______Total Fixed Cost_______ Contribution Margin Percentage = P 3,200 33. 44% = P95. 69/ P96 The results show that in order to attain break-even, the company must be able to earn P96. E. Nutrition Facts F. Expiration Date Mix Vegetable chips can only last for 1 week. G. Lay-out Location of the Operation For selling and buying of the product

Healthy Corner Enterprise will be located at the University of the East, Manila in the EV Room of the Business Administration Building. Organizational Management Plan VIII. Organizational-Management Plan A. Job Analysis and Organizational Structure GENERAL MANAGER (1) JOB DESCRIPTION * In charge of the overall business operations * Responsible for the growth and innovation of the business * Responsible for identifying goals and objectives and providing alternative solution to the problems JOB SPECIFICATION * Has an experience in managing an organization * Possesses strong interpersonal communication Possesses good administrative and communication skills MANAGER (1) JOB DESCRIPTION * In charge in managing financial aspect of the company * Responsible for the interpretation of financial information * Responsible for monitoring cash flows * Responsible for developing management mechanism in the company for the purpose of minimizing financial risks JOB SPECIFICATION * Must have a strong and outgoing personality * Must be skilled in communication and interaction with the customers to understand customer’s needs MARKETING MANAGER (1) JOB DESCRIPTION * In charge in the sales of the company Responsible for meeting the sales target and sales quota * Establishes marketing strategies to meet organizational objectives and goals * Oversees all marketing activities such as advertising and promotional activities * Guarantees product and suggests product innovation JOB SPECIFICATION * Must be a business administration student or any related discipline * Must have a strong and outgoing personality * Must be skilled in communicating and interacting with the customers to understand customers’ needs PRODUCTION MANAGER (1) JOB DESCRIPTION * In-charge of monitoring the production operation Assures that there is always enough supply of the product and it is in good condition and high quality * Responsible for the cleanliness in the working area and the operations done by the workers JOB SPECIFICATION * Has knowledge in production work area * A team motivator and has an excellent skills in supervising a group personnel * Possesses the ability to implement site standards and best practices to include policies, procedures, and workflow development PRODUCTION STAFF (2) JOB DESCRIPTION * In-charge of designing and having the product finish accordingly * Follow the procedures in making the food product Responsible for the assurance that the food is in the good condition * Observe the cleanliness of the product and the working area JOB SPECIFICATION * Must be a business administration student * Has an ability to follow procedures * Hardworking and creative in product making SALES REPRESENTATIVES (1) JOB DESCRIPTION * In-charge of selling the food product * Responsible for calling the attention of the customers to buy the product * Responsible for explaining the benefits, features, and uniqueness of the product JOB SPECIFICATION * With pleasing personality * Have good communication skills especially with the customer

FINANCIAL STAFF (1) JOB DESCRIPTION * In-charge of collecting the payments * Ensures that a company reports accurate * Ensure complete financial statements in conformity with accounting principles JOB SPECIFICATION * Must have a strong and outgoing personality * Must be skilled in communication and interaction with the customers to understand customer’s needs Organizational Structure Dexter L. Gamboa GENERAL MANAGER Dexter L. Gamboa GENERAL MANAGER Enzell Jerome J. Romero MARKETING MANAGER Enzell Jerome J. Romero MARKETING MANAGER Anna Terizza A. Macaraig PRODUCTION MANAGER Anna Terizza A. Macaraig PRODUCTION MANAGER A Dina A.

Fernandez FINANCIAL MANAGER A Dina A. Fernandez FINANCIAL MANAGER Raymart M. Agustin SALES STAFF Raymart M. Agustin SALES STAFF Roxanne G. Lim FINANCIAL STAFF Roxanne G. Lim FINANCIAL STAFF Caren Christelle O. Cruz PRODUCTION STAFF Caren Christelle O. Cruz PRODUCTION STAFF John Louie D. Gaudario PRODUCTION STAFF John Louie D. Gaudario PRODUCTION STAFF B. Compensation Scheme This design shows the details of the amount of consideration for the efforts and services rendered by each member of the organization. POSITION| COUNT| DAILYSALARYRATE| DAILY SALARY| WEEKLYSALARY| MONTHLYSALARY| GENERAL MANAGER| 1| Php12. 0| Php12. 00| Php60. 00| Php240. 00| FINANCIAL MANAGER| 1| Php11. 00| Php11. 00| Php55. 00| Php220. 00| MARKETING MANAGER| 1| Php11. 00| Php11. 00| Php55. 00| Php220. 00| PRODUCTION MANAGER| 1| Php11. 00| Php11. 00| Php55. 00| Php220. 00| FINANCIAL STAFF| 1| Php10. 00| Php10. 00| Php50. 00| Php200. 00| SALES STAFF| 1 | Php10. 00| Php10. 00| Php50. 00| Php200. 00| PRODUCTION STAFF| 2| Php10. 00| Php20. 00| Php100. 00| Php400. 00| TOTAL:| | | Php85. 00| Php425. 00| Php1700. 00| C. General and Functional Policies GENERAL POLICIES AND RULES: * Access to general accounts is given to the general manager by the partners. Company funds are not available to partners for personal use. * Reports of all heads must be summarized daily. * Personnel must obey heads and managers with courtesy. * Punctuality and hard work are a must. * Employees are given a grace period of fifteen (15) minutes after the required starting time. * Profits and losses are to be divided by the partners according to their capital contribution (equally) * Quota-based selling FOR VIOLATIONS Absences and tardiness are some of the factors that will be added to the negative behaviors of the employee that will lead to poor evaluation. PRODUCTION All materials, equipment and tools should be organized and neatly kept in their proper places after use. * Working uniforms like helmet, gloves and apron should always be worn * Production people should clean while working to avoid harm and danger. MARKETING DEPARTMENT * The sales person must observe proper work clothes and the use of apron is a must. * Effective strategies must be employed to entice customers. * Keep in mind the term “customer satisfaction”; give importance to their comments and suggestions. * Quota-based selling * All sales must be on cash FUNCTIONAL POLICIES

ADMINISTRATIVE HEAD * Receipts must all be properly dated * Time cards should be kept by the manager. * All transactions must be properly disclosed (recorded). * Trustworthiness in handling money, financial records and status reports in needed. PRODUCTION * All materials, equipment and tools should be organized and neatly kept in their proper places after use. * Working uniforms like helmet, gloves, and apron should always be worn * Production people should clean while working to avoid harm and danger. FINANCIAL * In-charge of collecting payments * Ensures that company reports are accurate Ensures complete financial statements in conformity with accounting principles MARKETING * The sales person should be in proper school uniform when selling the product. * Effective strategies must be employed to entice customers. * Keep in mind the terms “customer satisfaction”; give importance to their comments and suggestions. D. Gantt Chart/Plan of Action GANTT CHART SCHOOL YEAR 2012-2013| ACTIVITIES| November| December| January| February| March| | 1| 2| 3| 4| 1| 2| 3| 4| 1| 2| 3| 4| 1| 2| 3| 4| 1| 2| 3| 4| Preliminary plans| | | | | | | | | | | | | | | | | | | | | Brainstorming| | | | | | | | | | | | | | | | | | | | Group consensus on the results of discussions| | | | | | | | | | | | | | | | | | | | | Conducting of Survey| | | | | | | | | | | | | | | | | | | | | Tabulation and interpretation of survey| | | | | | | | | | | | | | | | | | | | | Seminars| | | | | | | | | | | | | | | | | | | | | General assembly for business plan preparation| | | | | | | | | | | | | | | | | | | | | Formatting and preparation of business plan| | | | | | | | | | | | | | | | | | | | | Preliminary submission of business plan| | | | | | | | | | | | | | | | | | | | | Preliminary defense| | | | | | | | | | | | | | | | | | | | | Revision and submission of revised business plans| | | | | | | | | | | | | | | | | | | | | Final defense| | | | | | | | | | | | | | | | | | | | | ACTIVITIES| 2013| | JUNE| JULY| AUGUST| SEPTEMBER| OCTOBER| 1| 2| 3| 4| 1| 2| 3| 4| 1| 2| 3| 4| 1| 2| 3| 4| 1| 2| 3| 4| Contribution| | | | | | | | | | | | | | | | | | | | | Getting DTI and BIR Registration| | | | | | | | | | | | | | | | | | | | | Opening of Bank Account| | | | | | | | | | | | | | | | | | | | | Acquiring of Tools and Equipment| | | | | | | | | | | | | | | | | | | | | General Set-up| | | | | | | | | | | | | | | | | | | | | Purchasing of Ingredients| | | | | | | | | | | | | | | | | | | | | Advertising and Promotion| | | | | | | | | | | | | | | | | | | | | Operation| | | | | | | | | | | | | | | | | | | | | Monitoring of Performance| | | | | | | | | | | | | | | | | | | | | Preparing Financial Statement| | | | | | | | | | | | | | | | | | | | | Liquidation| | | | | | | | | | | | | | | | | | | | | Financial Plan IX. Financial Plan A. Funding and Financing Plans Capital Requirement NAME OF MEMBERS| INDIVIDUAL CONTRIBUTION| Agustin, Raymart M. | P1,969. 22| Cruz, CarenChristelle| P1,969. 22| Fernandez, Dina A. | P1,969. 22| Gaudario, John Louie D. P1,969. 22| Gamboa, Dexter| P1,969. 22| Lim, Roxanne G. | P1,969. 22| Macaraig, Anna Terizza Marie| P1,969. 22| Romero, Enzel Jerome J. | P1,969. 22| Total Capital| P15,753. 75| The Healthy Corner Enterprise will acquire its fund through the contribution of each member. The total capital requirement is P15, 753. 75, divided among eight (8) partners. Thus, each partner will contribute P1, 969. 22. B. Total Capital Requirement/Projection Cost The Healthy Corner Enterprise will finance the business through cash contribution from each of the eight (8) partners. WORKING CAPITAL REQUIREMENT (Monthly basis) Maintaining cash balance- bank| 5000. 00|

Purchase of Direct Materials| | 5,846. 00| Purchase of Indirect Materials| | 412. 75| Purchase of Equipment| | 2,750. 00| Payment of Utilities Expense | | 1500. 00| Advertizing Expense (4mos. )| | 150. 00| Purchase of Office Supplies| | 95. 00| TOTAL| | | | P15,753. 75| C. Financial Projections Healthy Corner Enterprise Projected Income Statements| For the Period of June to October 2013| | | | | | | | June| July| August| September| October| Sales| P6,000. 00| P12,000. 00| P12,000. 00| P12,000. 00| P6,000. 00| Cost of Sales| (3,439. 38)| (6,878. 75)| (6,878. 75)| (6,878. 75)| (3,439. 38)| Gross Profit| P2,560. 2| P5,121. 25| P5,121. 25| P5,121. 25| P2,560. 62| | | | | | | Less: Operating Expenses:| P1,527. 08| P3,0 54. 16| P3,0 54. 16| P3,0 54. 16| P1,527. 08| Net Income Tax| 1,033. 54| 2,067. 09| 2,067. 09| 2,067. 09| 1,033. 54| Income Tax (30%)| 310. 06| 620. 13| 620. 13| 620. 13| 310. 06| Net Income After Tax| P723. 48| P1,446. 96| P1,446. 96| P1,446. 96| P723. 48| *There are only two weeks of operation for the month of June and October Moths| Total Qty. /Month| Selling Price| Total Sales| |  |  |  | June| 240| P25. 00| 6000| July| 480| P25. 00| 12000| August| 480| P25. 00| 12000| September| 480| P25. 00| 12000| October| 240| P25. 00| 6000|

Total| 1920|  | 48000| Note in Income Statement (Short Term) June 2013 Cost of Good Sales|  | Direct Materials|  | | 180| Sweet Potato| 157. 5| Cassava| 67. 5| Purple Yam| 157. 5| Squash| 126| Vegetable oil| 300| Salt| 8| Cheese/Sour Cream/ Barbeque Powder| 62. 5| Label| 750| Paper Towel| 32. 5| Aluminium Foil| 1080| |  | Indirect Materials:|  | Apron| 52. 5| Hair net| 15| Plastic Gloves| 16. 36| Peeler| 35| Knife| 17. 5| Chopping board| 32. 5| Kitchen tong| 7. 5| Plastic container| 30| |  | Direct Labor:|  | Production Manager| 110| Production Worker (2)| 200| |  | Total Cost of Goods Sales| P3,439. 38| Operating Expense|  | |  | Light| P200. 00| Water | P50. 0| Rent| P500. 00| Indirect Labor:|  | General Manager| 120| Marketing Manager| 110| Sales staff (2)| 200| Financial Manager| 110| |  | Advertising| 125| Depreciation Expense| 114. 58| Supplies Expense| 47. 5| Total Operating Expense| P1,527. 08| Note in Income Statement (Short Term) July-September 2013 Cost of Good Sales|  | Direct Materials|  | Potato| P360. 00| Sweet Potato| P315. 00| Cassava| P135. 00| Purple Yam| P315. 00| Squash| P252. 00| Vegetable oil| P600. 00| Salt| P19. 00| Cheese/Sour Cream/ Barbeque Powder| P125. 00| Label| P1500. 00| Paper Towel| P65. 00| Aluminium Foil| P2,160. 00| |  | Indirect Materials:|  | Apron| P105. 00|

Hair net| P30. 00| Plastic Gloves| P32. 75| Peeler| P70. 00| Knife| P35. 00| Chopping board| P65. 00| Kitchen tong| P15. 00| Plastic container| P60. 00| |  | Direct Labor:|  | Production Manager| P220. 00| Production Worker (2)| P400. 00| |  | Total Cost of Goods Sales| P6,878. 75| Operating Expense:|  | |  | Light| P400. 00| Water | P100. 00| Rent| P1,000. 00| Indirect Labor:|  | General Manager| 240| Marketing Manager| 220| Sales staff (2)| 400| Financial Manager| 220| |  | Advertising| 150| Depreciation Expense| 229. 16| Supplies Expense| 95| Total Operating Expense| P3,0 54. 16| Note in Income Statement October 2013 Cost of Good Sales|  |

Direct Materials|  | | 180| Sweet Potato| 157. 5| Cassava| 67. 5| Purple Yam| 157. 5| Squash| 126| Vegetable oil| 300| Salt| 8| Cheese/SourCream/ Barbeque Powder| 62. 5| Label| 750| Paper Towel| 32. 5| Aluminium Foil| 1080| |  | Indirect Materials:|  | Apron| 52. 5| Hair net| 15| Plastic Gloves| 16. 36| Peeler| 35| Knife| 17. 5| Chopping board| 32. 5| Kitchen tong| 7. 5| Plastic container| 30| |  | Direct Labor:|  | Production Manager| 110| Production Worker (2)| 200| |  | Total Cost of Goods Sales| P3,439. 38| Operating Expense|  | |  | Light| P200. 00| Water | P50. 00| Rent| P500. 00| Indirect Labor:|  | General Manager| 120| Marketing Manager| 110|

Sales staff (2)| 200| Financial Manager| 110| |  | Advertising| 125| Depreciation Expense| 114. 58| Supplies Expense| 47. 5| Total Operating Expense| P1,527. 08| Depreciation-Deep Fryer (Short Term) Month| Book Value at the Beg. of the year| Depreciation Expense| Accumulated Depreciation| Book Value at the end. of the year|  |  |  |  |  | June| 2000| 20. 84| 20. 84| 1,979. 16| July| 1,979. 16| 41. 66| 62. 5| 1,937. 50| August| 1,937. 50| 41. 66| 104. 16| 1,895. 84| September| 1,895. 84| 41. 66| 145. 82| 1,854. 18| October| 1,854. 18| 20. 84| 166. 66| 1,833. 31| | | | | | | | | | | Depreciation-Weighing Scale (Short Term) Month| Book Value at the Beg. f the year| Depreciation Expense| Accumulated Depreciation| Book Value at the Beg. of the year|  |  |  |  |  | June| 150| 1. 56| 1. 56| 148. 44| July| 148. 44| 3. 12| 4. 68| 145. 32| August| 145. 32| 3. 12| 7. 8| 142. 20| September| 142. 20| 3. 12| 10. 92| 139. 08| October| 139. 08| 1. 56| 12. 5| 137. 52| Depreciation-Sealer (Short Term) Month| Book Value at the Beg. of the year| Depreciation Expense| Accumulated Depreciation| Book Value at the end. of the year|  |  |  |  |  | June| 600| 6. 25| 6. 25| 593. 75| July| 593. 75| 12. 5| 18. 75| 581. 25| August| 581. 25| 12. 5| 31. 25| 568. 75| September| 568. 75| 12. 5| 43. 75| 556. 25| October| 556. 25| 6. 25| 50| 550. 00| D. FINANCIAL PROJECTIONS (Long-term) Healthy Corner Enterprise| Projected Income Statements| For the Years 2014 and 2015| | | | | | | | | 2013| | | 2014| | | | | | | Sales| | P259,200 . 00| | | P362,880. 00| Less: Cost of Good Sales| | | | | | Direct Materials| | | | | | Potato| 4320| | | 5,184| | Sweet Potato| 3780| | | 4536| | Cassava| 1620| | | 1944| | Purple Yam| 3780| | | 4536| | Squash| 3024| | | 6628. 8| | Vegetable oil| 7200| | | 8640| | Salt| 228| | | 272| | Cheese/Sour Cream/ Barbeque Powder| 1500| | | 1800| | Label| 18000| | | 21600| | Paper Towel| 780| | | 936. 00| | Aluminum Foil| 25920| | | 31104| | | | | | | |

Indirect Materials:| | | | | | Apron| 210| | | 315| | Hair net| 360| | | 540| | Plastic Gloves| 393| | | 196. 5| | Peeler| 140| | | 210| | Knife| P70. 00| | | 95| | Chopping board| P65. 00| | | 97. 5| | Kitchen tong| P30. 00| | | 45| | Plastic container| P120. 00| | | 180| | | | | | | | Direct Labor:| | | | | | Production Manager| 2640| | | 5280| | Production Worker (2)| 4800| | | 9600| | | | 81,578. 00| | | 101,057. 90| | | | | | | | | | | | | Gross Profit| | 177,622. 00| | | 261,822. 10| | | | | | | Operating Expenses:| | | | | | Selling Expenses| | | | | | Light| P4,800. 00| | | 57600| | Water | 1200| | | 2,400. 00| | Rent| 12000| | | 24000| |

Indirect Labor:| | | | | | General Manager| 2880| | | 5760| | Marketing Manager| 2640| | | 5,280. 00| | Sales staff (2)| 4800| | | 9,600. 00| | Financial Manager| 2640| | | 5,280. 00| | | | | | 10,800. 00| | Advertising| 300,| | | 600. 00| | Depreciation Expense| 395. 93| | | 625. 2| | Supplies Expense| 190| | | 380| | | | 34,199. 92| | | 116,398. 00| Net Income Before Tax| | 143,422. 08| | | 145,484. 10| tax 30%| | 43,026. 62| | | 43,645. 23| | | | | | | Net Income After Tax| | P100,395. 46| | | 101,838. 97| Long term 2014-2015 Projected Sales 2014| Months| No. of units Produced/Month| 50% increase in the no. ofUnits produced/month| Total no. f unitsproduced/ month| Price| TotalSales| January| 480| 240| 720| P30. 00| P21,600. 00| February| 480| 240| 720| P30. 00| P21,600. 00| March| 480| 240| 720| P30. 00| P21,600. 00| April| 480| 240| 720| P30. 00| P21,600. 00| May| 480| 240| 720| P30. 00| P21,600. 00| June| 480| 240| 720| P30. 00| P21,600. 00| July| 480| 240| 720| P30. 00| P21,600. 00| August| 480| 240| 720| P30. 00| P21,600. 00| September| 480| 240| 720| P30. 00| P21,600. 00| October| 480| 240| 720| P30. 00| P21,600. 00| November| 480| 240| 720| P30. 00| P21,600. 00| December| 480| 240| 720| P30. 00| P21,600. 00| Total| 5,760| 2,880| 8,640| P30. 00| P259,200 . 00| | 2015| Months| No. of units Produced/Month| 20% increase in the no. fUnits produced/month| Total no. of unitsproduced/ month|  Price| TotalSales| January| 720| 144| 864| P35. 00| P30,240. 00| February| 720| 144| 864| P35. 00| P30,240. 00| March| 720| 144| 864| P35. 00| P30,240. 00| April| 720| 144| 864| P35. 00| P30,240. 00| May| 720| 144| 864| P35. 00| P30,240. 00| June| 720| 144| 864| P35. 00| P30,240. 00| July| 720| 144| 864| P35. 00| P30,240. 00| August| 720| 144| 864| P35. 00| P30,240. 00| September| 720| 144| 864| P35. 00| P30,240. 00| October| 720| 144| 864| P35. 00| P30,240. 00| November| 720| 144| 864| P35. 00| P30,240. 00| December| 720| 144| 864| P35. 00| P30,240. 00| Total| 10800| 2160| 12960| P35. 00 | P362,880. 00|

Healthy Corner EnterpriseStatement of Balance Sheet| For the Period of June to October 2013| | June| July| August| September| October| | | | | | | Cash| 13,841. 81| 15,517. 93| 17,194. 05| 18,870. 17| 19,708. 23| | | | | | | Equipment| 2,750| 2,750| 2,750| 2,750| 2,750| Dep'n. Accum. | (114. 58)| (343. 74)| (572. 90)| (806. 06)| (916. 64)| Total Assets| 16,477. 23| 17,924. 19 | 19,371. 15| 20,818. 11| 21,541. 59| | | | | | | Partner's Equity:| | | | | | Capital Beg. | 15, 753. 75| 16,477. 23| 17,924. 19| 19,371. 15| 19,209. 99| Net Income After Tax| P723. 48| P1,446. 96| P1,446. 96| P1,446. 96| P723. 48| Total Partners Equity| 16,477. 23| 17,924. 9| 19,371. 15| 20,818. 11| 21,541. 59| Healthy Corner Enterprise| Statement of Short-Term Projected Cash Flows| For the Period June to October 2013| | June| July| August| September| October| Cash Flow from Op. Act. | | | | | | Net Income After Tax| P723. 48| P1,446. 96| P1,446. 96| P1,446. 96| P723. 48| Add: Depreciation| 114. 58| 229. 16| 229. 16| 229. 16| 114. 58| Net Cash Flow Op. | 838. 06| 1,676. 12| 1,676. 12| 1,676. 12| 838. 06| Cash Flow from Investment :| | | | | | Purchase of Equipment| (2,750)| -| -| -| | | | | | | | Cash Flow from Financing Act. :| | | | | | Capital| 15, 753. 75| -| -| -| | Net Inc. in Cash| 13,841. 81| 1,676. 12| 1,676. 2| 1,676. 12| 838. 06| Cash Beg. | -| 13,841. 81| 15,517. 93| 17,194. 05| 18,870. 17| Cash End| 13,841. 81| 15,517. 93| 17,194. 05| 18,870. 17| 19,708. 23| Healthy Corner Enterprise| Statement of Long-Term Projected Cash Flows| For the year of 2014 and 2015| | 2015| Cash Flow from Op. Act. | | Net Income After Tax| 101,838. 97| Add: Depreciation| 5499. 84| Net Cash Flow Op. | 107,338. 81| Cash Flow from Investment | | Purchase of Equipment| -| | | | | | | Net Inc. in Cash| 107,338. 81| Cash Beg. | 110,261. 78| Cash Balance End| 217,600. 59| Healthy Corner Enterprise| Projected Statement of Partners Equity| For the period of June-October 2013|

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