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1.

0 Introductory

The Mukbang snack house was established on the year 2020. The business was
owned by 6 individuals who are fresh graduates from college and decided to build a small
business to commend their passion for food. The owners were inspired to build the business
due to their fondness of food and how they love discovering newly opened restaurants and
fast food chains around the country. The business was their dream during their 2 nd year of
college and they all want to make a business that is close to their heart and can be their
haven. The Mukbang snack house features foods that are budget friendly and very popular
to many citizens since the owner’s loves Filipino cuisine and added Filipino flavors and
cultures to attract the interest of the consumers.

Johanna Marie Sangalang graduated with the degree of BS Nursing, 24 years old and
has a passion for cooking she is one of the co-owner of the business she is also sometimes
the cook and helps in assisting the customers. Maria Anne Perrine Pablo graduated with the
degree of BS Accountancy, 23 years old and has passion for foods and has socializing skills.
Richael Jodychaime Tolosa graduated with the degree of BS Accountancy, 24 years old has
a passion for foods especially with delicacies and pastries, and aside from pastries she also
enjoys eating street foods and “pica picas”. Lieana Patricia Aguilar graduated with the
degree of BA Psychology , 23 years old has a passion for travelling which leads her to
discovering new foods and opened restaurants especially fast-food chains. Christine Dayne
Marie Mendiola graduated with the degree of Business Management, 24 years old has a
passion for food since their family owned a food business. Ralph Joseph Lugtu graduated
with the degree of BS IT, 23 years old has a passion for food since he is a natural eater and
he also likes to discover new kinds of food. The contact information for the business is
09174764062 for globe/tm users, 09385525382 for smart users.

They decided to have a partnership business and they are offering services for their
customers. The service includes the eco friendly location and one of the main priorities is
the convenience and how the customers will feel while eating at the snack house. Since the
business is all about food, most of the financial expenses are frozen products(fries, siomai,
cheese, etc.), electricity, utilities, water bill, rent, kitchen tools and other things that are
needed for cooking, furniture (tables & chairs). Aside from this expenses there are also
other miscellaneous expenses like the commercial advertisements and marketing tools that
are needed to promote the business, the permit and other business requirements for the
establishment of the business is also included with the expenses and the labors or workers
for the renovations of the business or the location that they will use for the business. If
there are some renovations the materials and other things needed for the interior designs
and other utilities such as Wi-Fi, sound system, amplifiers and kitchen wares
2.0 EXECUTIVE SUMMARY

The Mukbang snack house is a small food business that was launched on the year
2020. The business was owned by 6 individuals and decided to be Partners. Having a
contribution of 25,000 pesos individually to settle their source of capital amounting to
150,000 pesos. They sells delish foods that namely : nachos, drumsticks, takoyaki, sushi,
jellymilk, dynamite, funshots, cheesesticks, and fries.

The Business is located at Metro Bamban Subdivision and the risk is relatively neutral
as the location has strengths in terms of attracting customers.

The main goal of the owners is to share and be loved by the customers in which will
define their satisfaction in the service or product of the business. As for those who are very
artistic and wants to have a creative food, the entrepreneurs made sure that the products
will definitely suit their taste and even by just looking at it, it’ll make them full already.

2.1 Chart: HIGHLIGHTS

20000000
18000000
16000000
14000000
12000000
YEAR 1
10000000
8000000 YEAR 2
6000000 YEAR 3
4000000 YEAR 3
2000000
YEAR 2
0
YEAR 1
SALES
GROSS
MARGIN NET PROFIT
3.0 ENVIRONMENTAL AND INDUSTRY ANALYSIS

In business field, competition cannot be avoided, it is always part in running a


business and it is one of the forces to be considered because it affects your business in
many ways. However, this could be also a basis to know what to generate ideas for your
business to level the competency of the competitor that surrounds the business. This could
be a threat for the enterprises but this could be used as great opportunity to become
strength of the business venture.

The Mukbang snack house’s location is surrounded with threats from the competitors
that has similar business concept and type which is food service. This includes the
businesses, namely: Food Bazaar, Sonix, Ella Mae's and the 7/11. Food Bazaar is well-
known for its variety of products/foods from different mini stalls; usually they sell street
foods and barbeque meats. They are only open from 3pm until 9pm. This goes as well for
Sonix is only open from 4pm until midnight, it's a beer house and they also sell choices of
meals. Ella May’s Store is a carinderia which offers variety of homemade meals and open
early in the morning until 7pm. lastly, 7/11. It is a convenient store that is open 24/7 and
sells a variety of packed goods and some ready to eat meals. The owner's considered the
listed competitors and looked their weaknesses to use it as their strengths

According to Municipalit of Bamban, there are 6 requirements that need to be submitted


for registering a new business and it is as follows.

1. Proof of business registration, incorporation, or legal personality (i.e. DTI/ SEC/


Cooperative Development (CDA) registration):
2. Basis for computing taxes, fees and charges (e.g. business capitalization)
3. Occupancy permit, (e.g. Building Code) and local laws
4. Contract of lease (If Lessee): and
5. Barangay clearance
6. Community Tax Certificate (CTC)
For the requirements and procedures to prior starting a business, there are 9
requirements and procedures for the application of business permit. And it is follows as:

1. Business Name – DTI / SEC Registration (photo copy)


2. Brgy Certification
3. Community Tax Certification (CTC)
4. SSS clearance / Philhealth / Pag-ibig
5. BIR Registration Form
6. Clearance of the following:
7. Allan C. Cuya – Mun. Fire Marshall
8. Bencislao L. Castro – Revenue Officer I
9. Engr. Jose Vital – Mun. Engineer
10. Assessment Form (2 copies)
11. Signature of the following
12. Rosanna Calara – MPDC
13. Dr. Rommel Leal – Municipal Health Officer
14. Payments & signature – Treasury Office
15. Processing/Releasing – Licensing Officer
4.0 DESCRIPTION OF THE BUSINESS

4.1 PRODUCTS/ SERVICES

The Mukbang Snack House offers food service and the products that are offer mostly are:

 Takoyaki
 Fries
 Funshots
 Sushi
 Dynamite
 Cheese Sticks
 Jelly Milk
 Nachos
 Drumsticks

As you can notice the products are mainly fried and they are all types of a comfort food
which can be very appealing to different people it can be for children, teenagers, adults and
even oldies who enjoys this kind of foods. The business is small because it just started and
the owners are still trying to be well known in the fields of fast foods and restaurants.

4.2 SIZE OF THE BUSINESS

The owners decided to come up with a small business to avoid making big decisions
which can often lead to bankruptcy and since the owners are young entrepreneurs it is
advisable to play safe and settle in small business before expanding it after making sure
that the profit that the business can gain will be enough to establish a bigger business.
4.3 MISSION STATEMENT

Uniqueness makes everything stand out and as for the Mukbang Snack House; good
quality of food depends as well to the ambiance and the environment of the customers. The
enterprise wants to serve a good food, at a good price and a good place.

4.4 VISION STATEMENT

To see the customer satisfaction and appeals to every product the store produce and
to be a competitive market in the food line.

4.5 LOCATION OF THE BUSINESS AND ITS MAJOR PHYSICAL ASSETS

The location is also one of the business assets since the more people the more
possible consumers that the business can get. The type of business that the owners chose is
food and the target market of the business is for everyone which means that the business
or the products that are being sold are available for everyone. The business location and the
business itself have its own assets. One of the assets is the location since as explained
earlier the more people there is around the place the more consumers that are expected to
be their target market. The business is inside the a village so therefore the security f each
customers will be ensured and the transportation will not be a problem since some of the
home owners are walking distance from the location. They do not have many competitors
inside the village which means that people will rather go in the snack house than going to
other if they can offer the same services or even better than want other business offers. The
business also made sure that the place is ventilated enough and so the place has its own
air-conditioned, TV sets and surround sound system according to the likes of the customers.

4.6 BACKGROUND OF THE BUSINESS OWNERS/ENTREPRENEURS

 Johanna Sangalang

She graduated at UP Diliman with the course of BS Nursing. She is creative and
innovative in a way that she provides a resourceful idea in preparing the products of the
business. Her skills in cooking drive her to pursue in building a small restaurant. The
following are her assets in the business:

 She's the one who’s managing the operation of the business, also the cook.
 She's able to organize and manage the business
 She's a former manager in McDonald's Fast Food Chain.

 Ralph Lugtu

He graduated at UP Diliman with the course of IT. His talent in assessing computers
put him also in assessing people which requires in the business employment . He’s crafty in
the use of materials in the business venture. The following are his assets in the business:

 He's the one who managing the Electronics and Computer Software Operation of the
business.
 He's able to program all the software of the business.
 Hes's former IT Staff in iQor Philippines.

 Perrine Pablo

She graduated at UP Diliman with the course of BS Accountancy. Her natural talent
in socializing allows her to be active in promoting and marketing the business to larger
customers. She has also a idealistic and a great financer. The following are her assets in the
business:

 She's the one who helps the manager and responsible for financing and customer
services.
 She can control all the comment and criticism that customers giving in the business.
 She is former Manager in SM Clark.

 Jody Tolosa

She graduated at UP Diliman with the course of BS Accountancy. Jody has immense
characteristics in assessing a person. She loves to observe and think out of the box in every
circumstance. The following are her assets in the business:

 She's the one who manage for accounting and budgeting of the business.
 She's excellent for math and accounting skills.
 She's Accounting Manager in BDO

 Lieana Aguilar

Lieana is graduated at UP Diliman with the course of BA Psychology. She’s active and
jolly that also creates a good vibes in the business venture. She is also fond of tasty foods
that drive her in the food industry. The following are her assets in the business:

 She's the one who cook and manage for food and the sales of the Business
 She's passionate in cooking
 She's former food enthusiast in Gustav Restaurant.

 CM Mendiola

A graduated of UP Diliman with the course of Business Management. She is a genius


in taste of the food and very detailed in every flavor she wants that will definitely love by
the public also. She is the Purchasing and Production Manager who is responsible for the
aver-all planning for the preparation of the raw materials and equipments needed by the
business. The following are her assets in the business:

 She's the one who serves for the customers and responsible for the operation.
 She's uses her Hospitality and Careness for her customers
 She's full time HR Mangaer in Midori Clark
5.0 MARKETING PLAN

5.1 Competitor’s Analysis


Table 5.1.1: Comparisons of the Marketing Strategies of Major Companies

7/11 Sonix Bazaar Mukbang Snack House

Target Market  Everyone  Alcohol  Everyone  Students


Lovers  Workers
 Locals

Product/Service  Self Service,  Beer  Self service  Snacks, dine in


Strategies  Convenience House,  Meals, and take out
Store  Dine In snacks, and
Take Out desserts
Pricing Strategies  SRP  Cheap  Affordable  Usage of
prices of and trendy promos and
alcohols to everyone freebies in
and meals affordable price
Distribution  Self service  Food  Friendly  Friendly
Strategies service by approach of approach of
choice service serving food

Promotion  Online  No  Affordable  Free taste from


Strategies promotion, promotion prices the first week
worldwide strategies of operation
with flyers.

5.1.2 Assessing The Strength And Weaknesses


In the chart above, all the possible competitors in the location are listed and it also
indicates some information that is gathered by the owners. From assessing it, the food
Bazaar has the highest possibility of competition as it provides a variety of goods and also
easy accessible in the public, but its weak spot is its operating time that is not long enough
like the Mukbang Snackhouse, this goes as well in Sonix as they are operating from 4pm-
4am. The business advantages is that it is open from 9am to 6pm to have a sufficient time to
serve and for the target customers to be able to fit in their schedules and have the time to
visit and purchase the snacks.
5.2 Market Segmentation
Mukabang Snackhouse Financial Managers will target three different groups of
customers. All groups will be from the middle to upper-middle class socio-economic groups.

1. Students seek for what is trendy and new to their taste in terms of food. They are
more into finger-foods/snacks that can satisfy their hunger and cravings.

2. Workers also look for what is affordable and into a fast food to have a quick snack
before and after their work.

3. Locals are finding for what new around their area giving the best out of their
satisfaction in terms of food.

Table 5.2.1: Market Analysis

Market
Analysis

Year 1 Year 2 Year 3

Potential Growth
Customers

Students 8% 10,500 11,340 12,247

Workers 6% 7,500 7,950 8,427

Locals 8% 9,000 9,720 10,498

Other 0% 0 0 0

Total 7.33% 27,000 29,010 31,172

Chart 5.2.1: Market Analysis (pie)

Market Analysis Other


0%

Locals Students
36% 37%

Workers
27%
5.3 Goals and Objectives

SHORT-TERM GOALS

1. To serve a satisfying foods for the customers


2. To develop and spread the unique products of the business
3. To secure safeness and ensured that there will be no harm in the business
4. To produce affordable yet good quality products

LONG-TERM GOALS

1. To increase the sales of the firm by atleast 10% per year


2. To have a franchise of the business
3. To create milestone

STRATEGIES FOR ACHIEVING THE GOALS

To achieve every goal that the business wants to achieve, the owners put a strategic plan
that will help them to be focused on achieving their goals.

1. Preparing all the things/materials needed for the enterprise


2. Always have a contingency plan
3. Managing time effectively
4. Keeping in touch with the sales forecast
5. Accepting recommendations
6. Taking down notes in every malfunctions in the business
7. Getting new ideas from different perspectives
8. Give a briefing to the employees
9. Anticipating failure
5.4 Cost of Products

Table 5.4.1: Pricing

PRODUCTS PRICE

 Fun shots P 20.00


 Takoyaki P 30.00

 Sushi P 10.00

 Fries P 20.00

 Dynamite P 10.00

 Drumstick P 80.00

 Cheese Sticks P 10.00

 Jelly Milk P 10.00

 Nachos P 25.00

5.5 Sales Forecast

Chart 5.5.1: Sales Forecast

MUKBANG SNACKHOUSE SALES (2020)


120000

100000

80000

60000

40000

20000

0
For the first month of the operation, it is expected that it is still adjusting from the
market and there are months that it is increasing and also decreasing. The irregularity of
the sales is at times because of the trends and seasonal changes every month, and the fact
that the business is just starting. However, the owners are on the process on improving
and developing the business and assuming for this year the sales will be higher.

5.6 PROMOTION

The owners are providing special offers like promos, freebies and flyers to have an active
advertisement for the public to notice it. They also use the technology to advertise their business
into more huge audiences. The target customers are the locals from Bamban mainly for the
residence of Meto Bamban, the goods are affordable and can be fitted to the budget of everyone
and it s surely a quality over quantity goods.

Table 5.6.1: Promotional Tools

Flyers Brochures
Social media platforms Camera

\
6.0 PRODUCTION PLAN

6.1 Manufacturing Process

After the finding of resources the producton or manufacturing will start. All the
product that are available in Mukbang Snack House are all fixed for the people to enjoy and
feel the contentment on spending their money. Mukbang Snackhouse is offering a variety of
Juices and desserts too which is the jelly milk. All the ingredients we are offering are from
coming from Mendiola’s Food Business.

6.2 INGREDIENTS OF PRODUCTS

Table 6.2.1 : List of Ingredients of each Product

Nachos Dynamite Cheese Sticks

¼ kg. Onion 1/2kg. green pepper Cheese (335 grams) (2


¼ kg. Tomatoes 2 bar of Cheese (large size) packs)
¼ kg. Lettuce 3packs of Ham(large size) Pabalat (100pcs)
½ kg. Ground meat ¼ kg. Ground meat Ham(500grams)(2packs)
4pcs. Of 450g. Cheese Pabalat (100 pcs) =100 pieces
Spread ½ liter oil
2-3 cups of water = 100 pcs
10 packs of Nachos Chips
= 30 servings

Drumsticks Takoyaki Fries

Chicken Drumsticks (2kg) 2 cabbages 8kg. fries


(4packs) 2 carrots 1 big cooking oil
Eggs (6) 1 box of Eden cheese =120 pieces
Flour Mixed (500g) 2 stalks/stem of Spring
Oil ( 1liter) onions
=36 pieces 3 liters Batter
= 70 pieces

Jelly milk Sushi Funshots

5 packs Gelatin 5 packs sushi wrappers 1 kilo chicken breast


6 liters Water 6 cups cooked rice Seasonings
3 kilos Sugar 1 eden cheese ½ liter batter
1 liters evap milk 3 pieces carrots ½ liter oil
3 condensed milk 1 liter batter =50 pieces
=100 pieces 1 liter oil
=100 pieces

Supplier: Mrs. Mendiola who owns her own food business also wherein the business was
inspired at that is why the owners ask for her guidance in staring up a business and she
agreed on becoming their supplier for the raw ingredients.
6.2.2: Procedures of each product

 Nachos
1. Slice the onion, tomatoes, and lettuce into pieces
2. Sauté the ground beef and then put water
3. Mixed the vegetables and meat
4. Serve with nachos chips
 Drumsticks
1. Beat the eggs
2. Put the beaten eggs with the mixed flour
3. Cover the chicken drumsticks with mixed flour
4. Deep fry it with the oil and Serve
 Jellymilk
1. Mixed the water and gelatin
2. Let it boil
3. Add sugar and evap milk
4. Put it into a cup and let it cool down
5. Serve it with condensed milk
 Dynamite
1. Flatten the pabalat
2. Put the green pepper, ham and cheese on the side of the pabalat
3. Then roll it to cover.
4. Deep fry it wth oil.
 Takoyaki
1. Cut the vegetables and cheese into small pieces
2. Pour the batter in the takoyaki pan and put the vegetables and cheese
3. Serve it with sauce
 Sushi
1. Place the sushi wrappers in a flat surface
2. Put first the cooked rice
3. Add the vegetables then roll it.
4. Dip it with the batter
5. Deep fry it.
 Cheese Sticks
1. Place the pabalat in a flat surface
2. Put the ham and cheese and roll it
3. Deep fry it.
 Fries
1. Deep fry the fries with oil
 Funshots
1. Slice the Chicken breast into small bites
2. Add seasonings and batter
3. Deep fry it with oil
6.3 Start-up Inventory

Table 6.3.1: Machineries

7 Tables 1 Karaoke set 2 Sofas

20 Chairs 1 Aircon 2 Speakers

2 Gas stoves Kitchen utensils/tools Cleaners

2 Refrigirators 1 Microwave 3 Mirrors

1 Computer Stationaries 1 Oven

Table 6.3.2: Equipments

50 Plates 100 pieces Styro box 1 Measuring cups

50 Glasses 100 paper cups 1 measuring spoons

50 pairs Spoon and fork 5 Spatula 3 beater

4 Frying pan 8 Pails 2 blender

4 Casserole 300 pieces straw 10 bowls

The owners of Mukbang snackhouse already have their own suppliers of machinery
and equipment. One of the owners, Ralph Lugtu has a family member who owns a business
which supplies machinery and equipment for other businesses especially food businesses.
The owners of the Mukbang Snack house can easily get the raw materials they will need for
the operation of the business.. The supplies were owned by one of the owner's family
member that is why they can purchase the raw materials and equipments that is needed in
such an affordable price as well. The owners made sure that the suppliers' supplies are
reliable and helpful for the success of the business.
6.6 Future Capital equipment needs

The owners of the business thought that the taste the trend in terms of food is
changing rapidly almost every year and so the owners allotted a 100,000 for the other
expenses that the business will be needing through time or for future uses. The money is
for the renovations, decorations, changes in their menu and other things that are needed to
increase the market sale of the business and avoid bankrupt.
7.0 OPERATIONS PLAN

7.1 Description of the company’s operations

The operating hour will start at 11 am but the employees’ are required to report for
their duty at 7 am to help arranging all the ingredients that are being delivered to us early
that day. The employees will also start preparing all the things that are in need to be done
before they open the snack house.

7.2 Distribution of tasks

 2 Cooks
 1 Assistant cook
 1 Cashier
 1 Waiter

There will be two chefs that will be take turns of the owners namely: Johanna,
Lieana and Perrine , they will be responsible for preparing for the delish and exquisite food
that is being serving. There is also one Assistant cook who’s responsible for cutting and
helping the chefs, one cashier who’s being accompanied by the Jody who’s responsible for
the financing, there is one waiter and also the delivery guy. The owners will take turns on
managing and helping the business venture and making sure that the business’ flow is
keeping on tabs and working properly.

7.3 Flow of the orders for goods and services

The ordering system of the Mukbang Snack House is self-order menu. The owners
want the customers to have freedom to choose for their desired foods/snacks without any
pressure coming from the forces inside the restaurant. The restaurant uses a Static Menu
wherein the goods are standard for the rest of the year, there will be just an add ons for the
Menu during holidays that provides a special promotion for a certain new product. The Menu
is located where it is visible in the eyes of the buyers and each item has a visualization
picture that will make the customers see on what to expect on every goods the business is
selling.

7.4 Maintenance Schedule

The business allotted a time for the maintenance of the equipments and machineries
of the business to provide secure and neat production and also to avoid malfunctions and
damages. Every Sunday of the week will be maintenance schedule and for the over-all
cleaning of the venture.

The owners allotted 4% of the profit for the maintenance and repair for the
equipments and machineries.
8.0 ORGANIZATIONAL PLAN

8.1 Form of Ownership

The business form of ownership is Partnership. The individuals who agreed to share
in all assets, profits and financial and legal liabilities of their business are Johanna
Sangalang,Perrine Pablo, Jody Tolosa ,Christine Mendiola ,Lieana Aguilar ,and Ralph Lugtu.
These people are responsibile for the actions of the business, can legally bind the business
and is personally liable for all the business's debts and obligations. In order to have a clarity
in this form of ownership, they have had an Partnership Agreement in which they pledge
and signed to follow every rules that they all agreed to avoid misunderstanding and to
strengthen the entrepreneurs relationship in the business field.

Partnership Agreement

This is a Partnership Agreement (the “Agreement”) made on the 1 st day of January, 2020.
The Partners in this agreement are as follows:

Johanna Sangalang
Perrine Pablo
Jody Tolosa
Christine Mendiola
Lieana Aguilar
Ralph Lugtu

The Partners to this Agreement agree to the following:

Name:

This Partnership will be known as MUKBANG (the “Partnership”)

The Partnership:

1. The Partners wish to become legal partners in business.


2. The terms and conditition of their Partnership will be outlined in this Agreement.
3. If the Agreement is executed, the Partnership will be in effect on the 7 TH day of February,
2020.
4. The Partnership will only be terminated as outlined in this Agreement.
5. The Partnership’s primary place of business will be the Metro Bamban Subdivision
Bamban, Tarlac.
6. The Partnership will be governed under the laws of the state of the Philippines.
7. The Partnership’s primary purpose is the managing and expanding of the business.

Contributions:
The Partners will make an initial contribution to the Partnership as follows:

Contributions will be submitted no later than March 1, 2020, All capital contributions are
final unless all partners give written consent of withdrawal. All contributions will be
deposited into a joint capital account.

Interest and Authority:

The Partners’ ownership interest in the Partnership will be as follows:

In equal amounts or 50% each.

The Partners’ authority will be defined by the following unless otherwise stated in this
agreement:

Johanna Sangalang to be Head Manager and in charge of the daily operations of the
restaurant.

The Profits will be accounted by Johanna Sangalang and distributed twice a year. The
distribution dates will be the last day of January and the last day of December of each year
according to the above percentages.

Profits:

In the interest of the Partners and the Company it is agreed that 50% of net profit of each
month will be deposited into a company account and used for the distribution of funds as
stated above.

Cost:

The partnership will share cost according to the following percentages: 16%

Salary:

All Partners must give their unanimous consent if a permanent salary is to be established
and their unanimous consent for the amount of salary to be given to each Partner.

In the interest of both Partners and the Company it is agreed that 16% of the net profit per
month be used towards the salaries of the partners. This is to be distributed evenly by 16%.
It is an understanding that this is a starting point only and may change. The partners will
review this every six months. If for any reason an agreement can not be reached between
the Partners it is agreed that this will default too a 50/50 salary or equal amounts.

Accounting:
1. All accounts related to the Partnership including contribution and distribution
accounts will be audited.
2. Partners will keep accurate and complete books for all accounts related to the
Partnership. Any Partner, whether majority or minority, will be allowed to review all
books of account at any time they request.
3. Accounting records will be kept on a computer for easy viewing of the partners.
4. The fiscal year will be complete on December 31 st of each year. All Partners will
present their position on the state of the Partnership within two weeks of the
completion of each fiscal year.
The following partners will be able to sign check from any joint Partner account:
Johanna Sangalang,Perrine Pablo,Jody Tolosa,Christine Mendiola,Lieana Aguilar,Ralph
Lugtu.
5.

New Partners:

The Partnership will amend this agreement to include new partners upon the written and
unanimous vote of all Partners.

Withdrawal or Death:

The Partners hereby reserve the right to withdraw from the Partnership at any time. Should
a Partner withdraw from the Partnership because of choice or death, the remaining Partners
will have the option to buy out the remaining shares of the Partnership. Should the Partners
agree to buy out the shares, the shares will be bought in equal amounts by all Partners. The
Partners agree to hire an outside firm to assess the value of the remaining shares. The
Partners will have thirty (30) days to decide if they want to buy the remaining shares
together and disperse them equally. If all Partners do not agree to buy the shares,
individual Partners will then have the right to buy the shares individually. If more than one
Partner requests to buy the remaining shares, the shares will be split equally among those
Partners wishing to purchase the shares. Should all Partners agree by unanimous vote, the
Partnership may choose to allow a non-Partner to buy the shares thereby replacing the
previous Partner.

If no individual Partner(s) finalize a purchase agreement by thirty (30) days, the Partnership
will be dissolved.

The name of the Partnership may be amended upon the written and unanimous vote of all
Partners if a Partner is successfully bought out.

Dissolution:

Should the Partnership be dissolved by majority vote, the Partnership will be liquidated, and
the debts will be paid. All remaining funds after debts have been paid will be distributed
based on the percentage of ownership interest outlined in this Agreement.
Amendments:

6. Amendments may be made hereto upon the unanimous and written consent of all
Partners.
7. Amendments must expressly written and have the original signatures of all Partners.

Settling Disputes:

All Partners agree to enter into mediation before filing suit against any other Partner or the
Partnership for any dispute arising from this agreement or Partnership. Partners agree to
attend one session of mediation before filing suit. If any Partner does not attend mediation,
or the dispute is not settled after one session of mediation, the Partners are free to file suit.
Any law suits will be under the jurisdiction of the state of the Philippines

All Partners signed hereto agree to the above stated Agreement.

Signed this ____________day of ___________, 2020

Signed this ____________day of ___________, 2020

Signed this ____________day of ___________, 2020

Signed this ____________day of ___________, 2020

Signed this ____________day of ___________, 2020

Signed this ____________day of ___________, 2020


8.2 Principal Partners
Table 8.2.1: Principal Partners

Name of Major Qualifications Previous Capital Contribution


Owners (Partners Entrepreneurial
or Shareholders) Experience

Maria Anne Perrine Graduated in BS Worked at the bank 25,000


Pablo Accountancy as an accountant
Johanna Marie Graduated in BS Worked at the famous 25,000
Sangalang Nursing fast food chain as a
cook

Richael Jodychaime Graduated in BS Worked at the bank 25,000


Tolosa Accountancy as an accountant
Lieana Patricia Graduated in BS Worked at the famous 25,000
Aguilar Psychology fast food chain as a
cook
Christine Dayne Graduated in BS Worked at their family 25,000
Marie Mendiola Engineering business as a cook
Ralph Joseph Lugtu Graduated in BS IT Worked at SMEAG 25,000
Global School Inc. as
an IT

Maria Anne Perrine Pablo is one of the shareholders in the Mukbang Snack house. After
Graduating College the owner immediately decide to have a job in a local bank as an
Accountant in order to sustain its financial needs and wants.

Johanna Marie Sangalang Graduated with a degree of BS Nursing, because of the owners
love in cooking, the owner decided to pursue its cooking career by entering a part time job
in a famous fast food chain while being a doctor.

Richael Jodychaime Tolosa Graduated with a degree of BS Accountancy, during college its
college years the owner decided to have a part time job in a local bank up until now

Lieana Patricia Aguilar Graduated with a degree of BS Psychology, in order to travel and
develop the owner skills in cooking and designing food, the owner decided to apply for a
part time job in order to save additional money to help the people around the globe and the
owners family.

Christine Dayne Marie Mendiola Graduated with a degree of BS Business Management. The
owner worked at their family business which is food stall and catering and decided to save
money to build a business in the future

Ralph Joseph Lugtu Graduated with a degree of BS IT and the owner is currently working at
the SMEAG Global School Inc. as an IT but being just an IT doesn’t satisfy the need and
wants of the owner instead the owner is now currently planning to build a business.
The owners or shareholders of the Mukbang Snack house decided to contribute 25,000
pesos each in order to build the owners dream business

8.3 Lines of Authority


Graph 8.3.1 : Lines of Authority
The individuals listed above are the owners who abide to put a business together.
They agreed to have a position in their business for them to have an organized and on
touch in the performance and operation of their business. In every position, they have put
an qualification to each and look if they are fit in the spot.

8.4 Roles And Responsibilities Of Management Team

 Johanna Sangalang

She is the Head Manager of The Mukbang Snackhouse who is creative and innovative
in a way that she provides a resourceful idea in preparing the products of the business.

 She is responsible for overseeing all administrative functions in the business.


A major part involves leading and directing employees. She delegates
administrative tasks, such as accounting, paperwork and payroll, while giving
you the freedom to deal with other issues. In doing so, she ensures
administrative efficiency, proper procedure, implementation of policies and
employee morale.

 Ralph Lugtu

He is one of the HR Manager s and his talent in assessing computers put him also in
assessing people which requires in the business employment.

 The role of HR manager is to plan and devise strategic campaigns and


guidelines for recruiting suitable candidates for a required job description. He
also have to serve as a mediator between the employer and the candidate
and communicate company policies and terms of the contract to the
candidate before he is hired

 Perrine Pablo

She is part of the Sales and Marketing Manager. Her natural talent in socializing
allows her to be active in promoting and marketing the business to a larger customers.

 Duties of the Marketing Manager include: Managing all marketing for the
company and activities within the marketing department. Developing
the marketing strategy for the company in line with company objectives.
Coordinating marketing campaigns with sales activities.

 Jody Tolosa

She’s part of the HR Management. Jody has an immense characteristics in assessing


a person. She loves to observe and think out of the box in every circumstances.

 Where different people have different views, conflicts are almost inevitable.
Whether the dispute is amongst two or more employees or between the
employee and the management, an HR manager has the right to intervene
and help map out a solution.

 Lieana Aguilar

Lieana is part of the Sales and Marketing Manager. She’s active and jolly that also
creates a good vibes in the business venture.

 Sales Manager Responsibilities: Achieving growth and hitting sales targets by


successfully managing the sales team. Designing and implementing a
strategic sales plan that expands company's customer base and ensure its
strong presence

 CM Mendiola

She is the Purchasing and Production Manager who is responsible for the aver-all
planning for the preparation of the raw materials and equipments needed by the business.

 A Purchasing Manager may oversee the acquisition of materials needed


forproduction, general supplies for offices and facilities, equipment, or
construction contracts. ... A Purchasing Manager's responsibilities may
include: seeking reliable vendors or suppliers to provide quality goods at
reasonable prices.

The company needs to recognize the one who will manage the business and need to
recognize the responsibilities of an individual in the business and show and see the talents
and passionate on managing in Mukbang Snackhouse to develop it.
9. FINANCIAL PLAN

The following sections will outline important financial information.

9.1 Important Assumptions

Table 9.1.1: Important financial assumptions.

IMPORTANT ASSUMPTIONS

Cost Of Good Solds 40%


Projected Price and Unit Increase of 20% per month except for the month
of June, July, and August
Sales The sales drastically increases with the percentage
of 258.35%
Salaries Increases by 9% per annum
Operating Expenses Increases by 9 % per annum

9.2 PROJECTED SALES AND UNITS, OPERATING BALANCE AND INCOME STATEMENT

9.2.1 MUKBANG SNACK HOUSE’S PROJECTED SALES AND UNITS FOR THE YEAR 2020

Table 9.2.1.1: Projected Sales and Units-Nachos

NACOS (₱ 25)

Months Unit Pesos


January 336 ₱ 8,400
February 403 ₱ 10,080
March 484 ₱ 12,096
April 581 ₱ 14,515
May 697 ₱ 17,418
June 484 ₱ 12,096
July 484 ₱ 12,096
August 484 ₱ 12,096
September 581 ₱ 14,515
October 697 ₱ 17,418
November 836 ₱ 20,902
December 1,003 ₱ 25,082
TOTAL 7,069 ₱ 176,715
Table 9.2.1.2: Projected Sales and Units-Drumstick

DRUMSTICK (₱ 80)

Months Unit Pesos


January 420 ₱33,600
February 504 ₱40,320
March 605 ₱48,384
April 726 ₱58,061
May 871 ₱69,673
June 605 ₱48,384
July 605 ₱48,384
August 605 ₱48,384
September 726 ₱58,061
October 871 ₱69,673
November 1,045 ₱83,608
December 1,254 ₱100,329
TOTAL 8,836 ₱706,860

Table 9.2.1.3: Projected Sales and Units-Jellymilk

JELLYMILK (₱ 10)

Months Unit Pesos


January 168 1,680
February 202 2,016
March 242 2,419
April 290 2,903
May 348 3,484
June 242 2,419
July 242 2,419
August 242 2,419
September 290 2,903
October 348 3,484
November 418 4,180
December 502 5,016
TOTAL 3,534 35,343
Table 9.2.1.4: Projected Sales and Units-Sushi

SUSHI (₱ 10)

Months Unit Pesos


January 189 1890
February 227 2,268
March 272 2,722
April 327 3,266
May 392 3,919
June 272 2,722
July 272 2,722
August 272 2,722
September 327 3,266
October 392 3,919
November 470 4,703
December 564 5,644
TOTAL 3,976 39,761

Table 9.2.1.5: Projected Sales and Units-Takoyaki

TAKOYAKI (₱ 30)

Months Unit Pesos


January 315 9450
February 378 11,340
March 454 13,608
April 544 16,330
May 653 19,596
June 454 13,608
July 454 13,608
August 454 13,608
September 544 16,330
October 653 19,596
November 784 23,515
December 941 28,218
TOTAL 6,627 198,804
Table 9.2.1.6: Projected Sales and Units-Fries

FRIES (₱ 20)

Months Unit Pesos


January 315 6300
February 378 7,560
March 454 9,072
April 544 10,886
May 653 13,064
June 454 9,072
July 454 9,072
August 454 9,072
September 544 10,886
October 653 13,064
November 784 15,676
December 941 18,812
TOTAL 6,627 132,536

Table 9.2.1.7: Projected Sales and Units-Dynamite

DYNAMITE (₱ 20)

Months Unit Pesos


January 210 2100
February 252 2,520
March 302 3,024
April 363 3,629
May 435 4,355
June 302 3,024
July 302 3,024
August 302 3,024
September 363 3,629
October 435 4,355
November 523 5,225
December 627 6,271
TOTAL 4,418 44,179
Table 9.2.1.8: Projected Sales and Units- Funshots

FUNSHOTS (₱ 35)

Months Unit Pesos


January 84 1680
February 101 2,016
March 121 2,419
April 145 2,903
May 174 3,484
June 121 2,419
July 121 2,419
August 121 2,419
September 145 2,903
October 174 3,484
November 209 4,180
December 251 5,016
TOTAL 1,767 35,343

Table 9.2.1.9: Projected Sales and Units-Cheesesticks

CHEESESTICKS (₱ 25)

Months Unit Pesos


January 168 5880
February 202 7,056
March 242 8,467
April 290 10,161
May 348 12,193
June 242 8,467
July 242 8,467
August 242 8,467
September 290 10,161
October 348 12,193
November 418 14,631
December 502 17,558
TOTAL 3,534 123,701
Table 9.2.1: TOTAL SALES FORECAST YEAR 2020 (all products)

250,000

200,000

150,000

100,000

50,000

-
TABLE: MUKBANG SNACK HOUSE’S OPERATING BALANCE FOR THE YEAR 2020

EXPENSES JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

SALARIES 16,000 16,000 16,000 16,000 16,000 16,000 16,000 16,000 16,000 16,000 16,000 16,000

employee 1 (cashier) 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000

employee 2 (server) 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000

employee 3 (cook) 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000

RENT EXPENSE 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000

UTILITIES 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000

electricity bill 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500 3,500

water bill 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000

gas 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500

SALES EXPENSES 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000

promotional materials 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000

gas (delivery) 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000

store displays 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000

INSURANCE EXPENSES 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000
DEPRECIATION
EXPENSES 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200

vehicle (motor) 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200

machineries 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000

TOTAL EXPENSES 51,200 51,200 51,200 51,200 51,200 51,200 51,200 51,200 51,200 51,200 51,200 51,200
TABLE: MUKBANG SNACK HOUSE’S INCOME STATEMENT FOR THE YEAR 2020

January February March April May June July August September October November December

Sales 70,980 85,176 102,211 122,653 147,184 102,211 102,211 102,211 122,653 147,184 176,621 211,945
less: Cost of
goods sold 28,392 34,070 40,884 49,061 58,874 40,884 40,884 40,884 49,061 58,874 70,648 84,778
Gross
margin 42,588 51,106 61,327 73,592 88,310 61,327 61,327 61,327 73,592 88,310 105,973 127,167
Operating
expenses

Salaries 16,000 16,000 16,000 16,000 16,000 16,000 16,000 16,000 16,000 16,000 16,000 16,000

Rent 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000

Utilities 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000
Sales
expenses 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000

Insurance 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000

Depreciation 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200
Total
operating
expense 51,200 51,200 51,200 51,200 51,200 51,200 51,200 51,200 51,200 51,200 51,200 51,200
Net profit (
loss ) (8,612) (94) 10,127 22,392 37,110 10,127 10,127 10,127 22,392 37,110 54,773 75,967
9.2.3 MUKBANG SNACK HOUSE’S PROJECTED SALES AND UNITS FOR THE YEAR 2021

Table 9.2.3.1: TOTAL SALES FORECAST YEAR 2021 (all products)

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

-
TABLE: OPERATING BALANCE FOR THE YEAR 2021

EXPENSES JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
SALARIES 17,500 17,500 17,500 17,500 17,500 17,500 17,500 17,500 17,500 17,500 17,500 17,500

employee 1 (cashier) 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500

employee 2 (server) 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500

employee 3 (cook) 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500

RENT EXPENSE 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000
UTILITIES 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500

electricity bill 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000

water bill 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500

gas 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000

SALES EXPENSES 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000

promotional materials 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000

gas (delivery) 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000

store displays 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000
INSURANCE EXPENSES 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000
DEPRECIATION
EXPENSES 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200

vehicle (motor) 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200

machineries 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000

TOTAL EXPENSES 56,200 56,200 56,200 56,200 56,200 56,200 56,200 56,200 56,200 56,200 56,200 56,200
TABLE: MUKBANG SNACK HOUSE’S INCOME STATEMENT FOR THE YEAR 2021 (all product)

January February March April May June July August September October November December

Sales 17,500 17,500 17,500 17,500 17,500 17,500 17,500 17,500 17,500 17,500 17,500 17,500
less: Cost of
goods sold 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500
Gross
margin 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500 5,500
Operating
expenses 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500 6,500

Salaries 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000

Rent 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500 8,500

Utilities 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000
Sales
expenses 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500

Insurance 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000

Depreciation 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000
Total
operating
expense 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000
Net profit (
loss ) 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000
9.2.4 MUKBANG SNACK HOUSE PROJECTED SALES AND UNITS FOR THE YEAR 2022

Table 9.2.4.1: TOTAL SALES FORECAST YEAR 2022

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

-
TABLE: MUKBANG SNACK HOUSE’S OPERATING BALANCE FOR THE YEAR 2022

EXPENSES JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

SALARIES 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000

employee 1 (cashier) 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000

employee 2 (server) 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000

employee 3 (cook) 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000

RENT EXPENSE 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000

UTILITIES 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

electricity bill 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500 4,500

water bill 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000

gas 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500

SALES EXPENSES 21,000 21,000 21,000 21,000 21,000 21,000 21,000 21,000 21,000 21,000 21,000 21,000

promotional materials 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000

gas (delivery) 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

store displays 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000

INSURANCE EXPENSES 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000
DEPRECIATION
EXPENSES 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200

vehicle (motor) 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200

machineries 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000

TOTAL EXPENSES 61,200 61,200 61,200 61,200 61,200 61,200 61,200 61,200 61,200 61,200 61,200 61,200
TABLE: MUKBANG SNACK HOUSE INCOME STATEMENT FOR THE YEAR 2022 (all products)

January February March April May June July August September October November December

Sales 911,406 1,093,687 1,312,425 1,574,910 1,889,891 1,312,425 1,312,425 1,312,425 1,574,910 1,889,891 2,267,870 2,721,444
less: Cost of
goods sold 364,562 437,475 524,970 629,964 755,956 524,970 524,970 524,970 629,964 755,956 907,148 1,088,578
Gross
margin 546,844 656,212 787,455 944,946 1,133,935 787,455 787,455 787,455 944,946 1,133,935 1,360,722 1,632,866
Operating
expenses

Salaries 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000

Rent 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000

Utilities 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
Sales
expenses 21,000 21,000 21,000 21,000 21,000 21,000 21,000 21,000 21,000 21,000 21,000 21,000

Insurance 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000

Depreciation 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200 5,200
Total
operating
expense 61,200 61,200 61,200 61,200 61,200 61,200 61,200 61,200 61,200 61,200 61,200 61,200
Net profit (
loss ) 485,644 595,012 726,255 883,746 1,072,735 726,255 726,255 726,255 883,746 1,072,735 1,299,522 1,571,666
9.3 MUKBANG SNACK HOUSE’S PRO-FORMA INCOME STATEMENT FOR THREE YEARS

TABLE 9.3.1: PRO-FORMA INCOME STATEMENT FOR THREE YEARS


YEAR I % YEAR II % YEAR III %
1,493,241 100.00 100.00
Sales 5,351,061 19,173,709 100.00
Less: Cost of
40.00 40.00
goods sold 597,296 2,140,424 7,669,484 40.00
Gross
60.00 60.00
Margin 895,944 3,210,637 11,504,225 60.00
Operating
Expenses
12.86 3.92
Salaries 192,000 210,000 228,000 1.19
3.21 0.90
Rent 48,000 48,000 48,000 0.25
5.63 1.91
Utilities 84,000 102,000 120,000 0.63
Sales
13.66 4.26
expenses 204,000 228,000 252,000 1.31
1.61 0.45
Insurance 24,000 24,000 24,000 0.13
4.18 1.17
Depreciation 62,400 62,400 62,400 0.33
Total
operating 41.15 12.60
614,400 674,400
expenses 734,400 3.83
Net profit
18.85 47.40
(loss) 281,544 2,536,237 10,769,825 56.17
9.4 MUKBANG SNACK HOUSE’S CASH FLOW FOR THREE YEARS

TABLE 9.4.1: CASH FLOW FOR THREE YEARS


CASH FLOWS FROM Year 1 Year 2 Year 3
OPERATING
ACTIVITIES
Net Income 281,544 2,536,237 10,769,825
Add:
Depreciation 62,400 62,400 62,400
Increase in trade
and other
(12,000) (23,000) (66,000)
receivables
Decrease in trade
and other payables (20,000) (47,000) (120,000)
Net Cash
generated by
311,944 2,528,637 10,646,225
operating activities
CASH FLOWS FROM
INVESTING
ACTIVITIES
Purchase of
Property and
(50,000) (140,000) (500,000)
Equipment
Net Cash
generated in
Investing (50,000) (140,000) (500,000)
Activities
CASH FLOWS FROM
FINANCING
ACTIVITIES
Long-term loan
from bank 200,000 600,000 1,800,000
Investments of
Partners 90,000 200,000 500,000
Withdrawal of
Partners (30,000) (250,000) (450,000)
Net Cash
generated by
Financing 260,000 550,000 1,850,000
Activities
Net Increase in
Cash and Cash
Equivalent
add: Cash, January
150,000 671,944 3,610,581
01, 2018
Cash- December
31, 2018 671,944 3,610,581 15,606,806
9.5. MUKBANG SNACK HOUSE’S BALANCE SHEET

Table 9.5.1: BALANCE SHEET (2020)

Mukbang Snack House

Balance Sheet
As of December 31,2020

Current assets
Cash 671,944
Accounts receivable 12,000
Inventories 20,000
Total current assets 703,944
Fixed assets
Equipment 50,000
Less: Depreciation 62,400
Total fixed assets (12,400)
Total assets 691,544
LIABILITIES AND OWNER'S EQUITY
Current liabilities
Accounts payable 20,000
Accrued expenses 70,000
Total current liabilities 90,000
Long-term liabilities
Long-term debt 200,000
Total long-term liabilities 200,000
Total Liabilities 290,000
Partner's Capital
Capital Account 150,000
Withdrawal (30,000)
Net Income 281,544
Total Partner's Capital 401,544
Total liabilities and shareholders equity 691,544
Table 9.5.2: BALANCE SHEET (2021)

Mukbang Snack House

Balance Sheet
As of December 31,2021

Current assets
Cash 3,610,581
Accounts receivable 23,000
Inventories 22,000
Total current assets 3,655,581
Fixed assets
Equipment 140,000
Less: Depreciation 62,400
Total fixed assets 77,600
Total assets 3,733,181
LIABILITIES AND OWNER'S EQUITY
Current liabilities
Accounts payable 47,000
Accrued expenses 128,000
Total current liabilities 175,000
Long-term liabilities
Long-term debt 600,000
Total long-term liabilities 600,000
Total Liabilities 775,000
Partner's Capital
Capital Account 671,944
Withdrawal (250,000)
Net Income 2,536,237
Total Partner's Capital 2,958,181
Total liabilities and shareholders equity 3,733,181
Table 9.5.3: BALANCE SHEET (2022)

Mukbang Snack House

Balance Sheet
As of December 31,2022

Current assets
Cash
15,606,806
Accounts receivable 66,000
Inventories 24,000
Total current assets 15,696,806
Fixed assets
Equipment 500,000
Less: Depreciation 62,400
Total fixed assets 437,600
Total assets 16,134,406
LIABILITIES AND OWNER'S EQUITY
Current liabilities
Accounts payable 120,000
Accrued expenses 284,000
Total current liabilities 404,000
Long-term liabilities
Long-term debt 1,800,000
Total long-term liabilities 1,800,000
Total Liabilities 2,204,000
Partner's Capital
Capital Account 3,610,581
Withdrawal
(450,000)
Net Income
10,769,825
Total Partner's Capital 13,930,406
Total liabilities and shareholders equity 16,134,406
9.6. BREAKEVEN ANALYSIS

Table 9.6.1 Breakeven Quantity for the year 2020

Fixed Cost Variable Selling BEQ


Cost Price
PRODUCTS 0
NACHOS 614,400 10 25 40,960
DRUMSTICK 614,400 32 80 12,800
TAKOYAKI 614,400 4 10 102,400
FRIES 614,400 8 20 51,200
SUSHI 614,400 4 10 102,400
DYNAMITE 614,400 4 10 102,400
JELLYMILK 614,400 4 10 102,400
CHEESETICKS 614,400 14 35 29,257
FUNSHOTS 614,400 8 20 51,200

BREAKEVEN QUANTITY
120,000

100,000

80,000

60,000

40,000 BREAKEVEN QUANTITY

20,000

0
Table 9.6.2 Breakeven Quantity for the year 2021

Fixed Cost Variable Selling BEQ


Cost Price
PRODUCTS 0
NACHOS 674,400 10 25 44,960
DRUMSTICK 674,400 32 80 14,050
TAKOYAKI 674,400 4 10 112,400
FRIES 674,400 8 20 56,200
SUSHI 674,400 4 10 112,400
DYNAMITE 674,400 4 10 112,400
JELLYMILK 674,400 4 10 112,400
CHEESETICKS 674,400 14 35 32,114
FUNSHOTS 674,400 8 20 56,200

BREAKEVEN QUANTITY
120,000

100,000

80,000

60,000

40,000 BREAKEVEN QUANTITY

20,000

0
Table 9.6.3 Breakeven Quantity for the year 2022

Fixed Cost Variable Selling BEQ


Cost Price
PRODUCTS 0
NACHOS 734,400 10 25 48,960
DRUMSTICK 734,400 32 80 15,300
TAKOYAKI 734,400 4 10 122,400
FRIES 734,400 8 20 61,200
SUSHI 734,400 4 10 122,400
DYNAMITE 734,400 4 10 122,400
JELLYMILK 734,400 4 10 122,400
CHEESETICKS 734,400 14 35 34,971
FUNSHOTS 734,400 8 20 61,200

BREAKEVEN QUANTITY
140,000

120,000

100,000

80,000

60,000
BREAKEVEN QUANTITY
40,000

20,000

0
10.0 TIMETABLE

DATE TASKS

Dec. 4 ,2019  Completing the Business Plan

5  Search for a retail place

9  Completion of the needed legal documents

10  Inquiring for great supplier of machineries and raw


materials

16  Renovation of the business area

17  Preparing the promotional tools

20  Designing the inteRIOR design

27  Hiring of personnel

29  Practice Operation

Jan. 1 ,2020  Opening Operation

31  Sales Forecasting

Feb. 7, 2020  Partnership Agreement

March 1, 2020  Final date of Agreement

2  Total Maintenance of the Machines

6  Acquiring materials

April 7, 2020  Assessing the development


11.0 SURVEY QUESTIONS

GENDER:

 Female
 Male

AGE:

 5-10
 11-15
 15-17
 18-20
 20-25
 25-Above

QUESTIONAIRES:

PUT CHECK MARK ON GIVEN LINE IF THAT SUITS YOUR CHOICE.

8. Are you a local from bamban? ___YES ___NO


9. Do you prefer eating your snacks withdrinks? ___YES ___NO
10. Choose snacks that you prefer:
 Fun shots
 Takoyaki
 Sushi
 Fried Siomai
 Fries
 Shake
 Cheese Sticks
 Jelly Milk
 Nachos

4. While eating you prefer : ____ listening to music OR ____ watching some movies
5. How many are you when you’re hanging out together with your friends/family?
___ 1-2,___ 3-5, ___ 5-8, ___ 8-above, ___ alone
6. Most of the time you prefer: ___ Dine in ___ take-out

ANSWER ON THE GIVEN LINE.

8. What Snacks do you often buy? (Ex. Hotdog) ________________________


9. What are your expectations when you hear or see a snack house?
__________________________________________________________________
10. Do you have a small appetite OR are you a big eater? _____________________
Anne Perrine P. Pablo

Blk.21 Lot 10 Metro Bamban Anupul, Bamban, Tarlac

Contact No: 09174764062

E-mail: pabloperrime@gmail.com

Objectives:

Seeking a position wherein I can utilize my immense knowledge of businesses and


continue to help and serve others.

To seek employment as a Certified Public Accountant with an esteemed company and


organization where in my experience and education will be useful to help human and
business firms and companies in need.

Personal Information:

Date of Birth : May 17, 2001

Status : Single

Gender : Female

Height : 165 cm

Weight : 58 kg

Citizenship : Filipino

Language : Filipino and English

Educational background:

College: UP Diliman University (S.Y 2016-2020)


Sto. Rosario, Angeles City

Bachelor of Science in Accountancy

Secondary: Montesorri HighSchool of Saint Nicholas (2007-2013)

Samsonville Subdivision, Dau, Mabalacat City

SMEAG Global School Inc. (2013-2016)

SitioMacapul, Brgy. San Roque, Bamban, Tarlac

Achievements:

Grade 9 Top 3 Student (Bronze Medalist) (2012)

Body Smart Awardee (2012)

Grade 10 Top 3 Student (Bronze Medalist) (2013)

Academic Excellence Awardee (2013)

Body Smart Awardee (2013)

Best In English Awardee (2013)

Best In Filipino Awardee (2013)

Primary: Dau Central Elementary School

Barangay Roxas dau, Mabalacat City

Children of Fatima School Inc.

Brgy. Pira Dau, Mabalacat City

Achievements: Top 2 Outstanding Students (2011)


Key Traits:

-Good Communication Skills

-Good in Time Management

-Understanding Person

-Credibility and Accountability

Character References:

Mr. Jeric T. Aguilar Mr. Ryan C. Veniegas

Adviser SHS Coordinator

SMEAG GlobalSchool Inc. SMEAG Global School Inc.

Macapul,Bamban, Tarlac Macapul,Bamban, Tarlac

Contact No: 09173245728

I hereby certify that above-mentioned information are true and correct to the best of my
knowledge and beliefs.

Maria Anne Perrine P. Pablo

Applicant
Johanna Marie B. Sangalang

Magurul-gurul Anupul, Bamban,

Tarlac, Philippines

Mobile # 09493707500

E-mail: chotchot279@gmail.com

Career Objectives

 To acquire proper training from a highly reputable hospital/clinic, this


will be a ground for the expertise of my profession.
 To enhance my nursing skills so as to achieve clinical excellence and
be globally competent.

Personal Information

Full Name: Johanna Marie B. Sangalang


Gender: Female
Nationality: Filipino
Language: Tagalog, English
Date of Birth: November 27, 2000
Marital Status: Single
Religion: Roman Catholic
Height: 5’4
Weight: 116 lbs

Work Experience

Date: August 2020 – August 2021

Hospital: Bangtan Hospital

Place: Clark, Pampanga, Philippines

Position: Nursing Assistant


Job description:

 Performed a medical procedures, including temperature, pulse and blood pressure


readings and ECG.
 Assist physicians with procedures such as wound suturing, fiber casting, proctoscopy,
ear aspiration.
 Administered prescribed medications, intra muscular and intravenous infusion, and
nebulization treatments in accordance with approved nursing protocol
 Performed allergy skin testing.
 Reported all unusual findings and developments to physicians and made
recommendations accordingly.
 Provided appropriate response to emergency situations with patients and providing
other critical assistance to patients as needed.
 Being a patient advocate and maintains therapeutic nurse-patient relationship.
 Evaluates and updates the patient’s plan of care to facilitate the achievement of
planned and expected outcomes.
 Provides teaching and educational material to patients and/or families, which may
include diagnosis, tests and procedures, safe and proper use of equipment, use of
medications, injury prevention and nutritional needs.

Trainings/Seminars

 Basic Life Support and First Aid Seminar (PRC)


First Aid at Tarlac Provincial Hospital

 Association of Nursing Service Administrators of the Philippines, Inc.(ANSAP)


Certificate of Attendance, Basic Intravenous Therapy Training for Nurses

ANSAP Provider no. 224 at Tarlac Provincial Hospital

 Association of Nursing Service Administrators of the Philippines, Inc.(ANSAP)


Certificate of Training, Regular IV Training Program

Card no. 11-011605 at Tarlac Provincial Hospital

 Life Support Training International


Provider in Advanced Cardiac Life Support

Support International 2Abaya Bldg, 106 Ermin

Garcia st., Cubao, Quezon City Philippines

 Certificate of Appreciation (surgical mission on circumcision)


Mission of St. Martha Mission Group Inc. of Baguio City

License/ Certification
Nursing Licensure Examination of the Philippines

o Professional License No.: 0464416


Philippine National Red Cross Volunteer

o License no. 721394

Educational Attainment

Tertiary UP Diliman University

SY 2016-2020
Bachelor of Science in Nursing

Secondary Sto Niño Academy

SY 2013-2016

Primary Bamban Central Elementary School

SY 2007-2013

Character References

Reuel Fallaria, R.N.

Chief Nurse

Immaculate Concepcion Polyclinic Hospital

Green Village Concepcion, Tarlac

Tel. No. (045) 923-05-37/ 09498358864

Bang Shi hyuk

Chief Nurse

Bangtan Hospital

Clark, Pampanga

Cel. No. +97433486857


MENDIOLA, CHRISTINE DAYNE MARIE R.
BLK. 14 A LOT 9 METRO BAMBAN SUBD., BAMBAN, TARLAC
09053915919
cmmendiola21@gmail.com

OBJECTIVE:
 To obtain a position where I can use my educational qualifications and
convert my theoretical knowledge into practical work through which I hope to
achieve professional growth and be of help to the company in reaching its
goals.
 I wanted to work and help myself to be independent and improve my skills,
and show my worth to this company.

QUALIFICATIONS:
- Patience, dedicated, hardworking
- Studied Hotel and business management
- Took a Method of Teaching

TRAININGS/SEMINARS:
TARLAC, TARLAC
DECEMBER 18, 2017

WORK HISTORY:

June 7, 2017- March 18, 2018: Manager in HOLLAND RESTAURANT

EDUCATIONAL BACKGROUND:
COLLEGE: UP Diliman University

SENIOR HIGH SCHOOL: SMEAG GLOBAL SCHOOL


SITIO MACAPUL, BAMBAN TARLAC, Philippines

JUNIOR HIGH SCHOOL: STO. NIÑO ACADEMY OF BAMBAN


INCORPORATED
SAN NICOLAS, BAMBAN TARLAC, Philippines

ELEMENTARY: BAMBAN CENTRAL ELEMENTAY SCHOOL


BRGY.SAN ROQUE, BAMBAN, TARLAC
PERSONAL INFORMATION:
NICKNAME: TIN
AGE: 23
GENDER: FEMALE
NATIONALITY: FILIPINO
CIVIL STATUS: SINGLE
DATE OF BIRTH: DECEMBER 21, 200
PLACE OF BIRTH: TARLAC CITY
RELIGION: ROMAN CATHOLIC

CHARACTER REFERENCES:

Maximor Del Valle


Owner of Holland Restaurant
Contact no. 09945872439
Heurt Del Valle
Supervisor at Coral Hotel and Restaurant
Contact no. 09054447961

I hereby certify that above-mentioned information are true and correct to the best of my
knowledge and beliefs.

MENDIOLA, CHRISTINE DAYNE MARIE R.


RICHAEL JODYCHAIME T. TOLOSA
Blk. 63 Lot 119 San Roque, Dapdap, Bamban, Tarlac
Jodytolosa022@gmail.com

OBJECTIVE

To be employed in any progressive and stable company where I can make full use of
my knowledge and skills, for my growth and advancement, also to share my knowledges to
other people..

QUALIFICATIONS

- Patience, dedication and hardworking


- Certified Public Accountant
- Took a Methods of Teaching

WORK HISTORY

June 2013 – August 2017: Student Assistant at UNIVERSITY OF THE PHILIPPINES


 Assisting some professors (paper works)

Sept. 2017 – Sept. 2018: Senior Accountant at MANDIRIGMA HOTEL AND CASINO
 Managing the money of the whole company

EDUCATION

Tertiary: University of the Philippines


Course: Bachelor of Science in Accountancy

Secondary: Dapdap High School

Primary: Dapdap Resetlement Elementary School

PERSONAL DATA

Nickname : Jody/Day/Jods
Age : 23 years old
Height : 5’2 ft.
Weight : 110 lbs.
Birthdate : November 22, 2000
Marital Status : Single
Nationality : Filipino
Religion : Roman Catholic

2qR E F E R E N C E S
1. Ace Mogol – Auditor at CONCUR PHILIPPINES
Contact No. 09283287283

2. Raymond Inventor – Supervisor at CONSTYLE ARCHITECTURAL PRODUCTS


Contact No. 09202390938

I hereby certify that the above information is true and correct with the best of my
knowledge and belief.
Ralph Joseph Lugtu

780 Sitio Pandan, Anupul, Bamban, Tarlac

Contact No: 0905440094

E-mail: ralph.lugtu28@gmail.com

Objectives:

To expand academic knowledge and acquire learning and working experiences as well as
to be an asset and to contribute for the success of the company are my goals.

To expertise the knowledge of technology to innovate and discover the various parts of
computer studies.

Personal Information:

Date of Birth : January 28, 2001

Status : Single

Gender : Male

Height : 171 cm

Weight : 115 kg

Citizenship : Filipino
Language : Filipino and English

Educational background:

College: UP Diliman Unversity (2016-2020)

Bachelor Science in Information Technology

Secondary: Sto. Nino Academy (2013-2015)

Rizal Ave. Brgy. San Nicolas, Bamban, Tarlac

SMEAG Global School Inc. (2015-16)

Sitio Macapul, Brgy. San Roque, Bamban, Tarlac

Primary: Pag-asa Elementary School

Sitio Pag-asa, Brgy. Anupul Bamban, Tarlac

Achievements: Top 10 Outstanding Students (2006-2011)

Work Experience:

iQor: IT Staff January 7. 2019 – September 30. 2019

Job Description:

 Controls the subsystems of the company


 Controls the maintenance programs in the company
 Supporting the Main Systems of the company
 Fixing the Technical Problems in the company
Sutherland: Programmer October 5. 2019 – January 15. 2020

Job Description:
 Controlling the System preventing from the malicious systems
 Programs the Main System of the company
 Creating new Systems

Key Traits:

-Good Communication Skills

-Good in Time Management

-Understanding Person

-Fast Worker

-Credibility and Accountability

Character References:

Mr. Jeric T. Aguilar Mr. Ryan C. Veniegas

Adviser SHS Coordinator

SMEAG Global School Inc. SMEAG Global School Inc.

Macapul ,Bamban, Tarlac Macapul ,Bamban, Tarlac

Contact No: 09173245728

I hereby certify that above-mentioned information are true and correct to the best of my
knowledge and beliefs.

Ralph Joseph Lugtu

Applicant
Lieana Patricia G. Aguilar

257 M. Roxas St. Brgy. Dela Cruz Bamban, Tarlac

Contact No: 09667301061

E-mail: lieanaguilar04@gmail.com

Objectives:

Seeking a position wherein I can utilize my immense knowledge of human behavior and
continue to help others.

To seek employment as a Clinical Psychologist with an esteemed company and


organization where in my experience and education will be useful to help human in need.

Personal Information:

Date of Birth : May 04, 2001

Status : Single

Gender : Female

Height : 156 cm

Weight : 51 kg

Citizenship : Filipino

Language : Filipino and English

Educational background:

College: UP Diliman University (2016-2020)


Bachelor of Arts in Psychology

Secondary: San Roque National High School (2010-2013)

Brgy. San Roque, Bamban, Tarlac

SMEAG Global School Inc. (2013-2016)

Sitio Macapul, Brgy. San Roque, Bamban, Tarlac

Achievements: Picture Smart Awardee (2013)

Grade 10 Top 11 Student (Bronze Medalist) (2014)

Academic Excellence Awardee (2014)

Picture Smart Awardee (2014)

Body Smart Awardee (2014)

Conduct Awardee (2015)

Primary: Pepe and Pilar Ecumenical School

Brgy. San Nicholas Bamban, Tarlac

Bamban Central Elementary School

Brgy. Dela Cruz Bamban, Tarlac

Achievements: Top 10 Outstanding Students (2006-2011)

Work Experience:

iQor: Psychologist January 7. 2019 – Present

Job Description:

 Created, Implemented and evaluated developmental outreach programs,


presentations, workshops and other activities to facilitate patient growth.
 Listened to patients’ concerns, instructed them on techniques to manage their stress,
adjust to life changes, live normal loves and improve relationships.
 Performed client assessments and developed treatment pans.
 Managed a private practice of 15 clients per week.
 Led summer day treatment groups and therapeutic activities to tech functional living
skills and address behavioral issues.
 Observed and monitored client behavior and responses to treatment.
 Advised students on academic plan and course selection.

Key Traits:

-Good Communication Skills

-Good in Time Management

-Understanding Person

-Credibility and Accountability

Character References:

Mr. Jeric T. Aguilar Mr. Ryan C. Veniegas

Adviser SHS Coordinator

SMEAG Global School Inc. SMEAG Global School Inc.

Macapul ,Bamban, Tarlac Macapul ,Bamban, Tarlac

Contact No: 09173245728

I hereby certify that above-mentioned information are true and correct to the best of my
knowledge and beliefs.

Lieana Patricia G. Aguilar

Applicant

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