Professional Documents
Culture Documents
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.
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
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
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.
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.
To see the customer satisfaction and appeals to every product the store produce and
to be a competitive market in the food line.
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.
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
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
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.
Market
Analysis
Potential Growth
Customers
Other 0% 0 0 0
Locals Students
36% 37%
Workers
27%
5.3 Goals and Objectives
SHORT-TERM GOALS
LONG-TERM 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.
PRODUCTS PRICE
Sushi P 10.00
Fries P 20.00
Dynamite P 10.00
Drumstick P 80.00
Nachos P 25.00
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.
Flyers Brochures
Social media platforms Camera
\
6.0 PRODUCTION PLAN
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.
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
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
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.
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.
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.
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
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
Name:
The Partnership:
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.
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
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
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.
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.
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
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.
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.
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
IMPORTANT ASSUMPTIONS
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
NACOS (₱ 25)
DRUMSTICK (₱ 80)
JELLYMILK (₱ 10)
SUSHI (₱ 10)
TAKOYAKI (₱ 30)
FRIES (₱ 20)
DYNAMITE (₱ 20)
FUNSHOTS (₱ 35)
CHEESESTICKS (₱ 25)
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
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
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
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)
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)
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
BREAKEVEN QUANTITY
120,000
100,000
80,000
60,000
20,000
0
Table 9.6.2 Breakeven Quantity for the year 2021
BREAKEVEN QUANTITY
120,000
100,000
80,000
60,000
20,000
0
Table 9.6.3 Breakeven Quantity for the year 2022
BREAKEVEN QUANTITY
140,000
120,000
100,000
80,000
60,000
BREAKEVEN QUANTITY
40,000
20,000
0
10.0 TIMETABLE
DATE TASKS
27 Hiring of personnel
29 Practice Operation
31 Sales Forecasting
6 Acquiring materials
GENDER:
Female
Male
AGE:
5-10
11-15
15-17
18-20
20-25
25-Above
QUESTIONAIRES:
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
E-mail: pabloperrime@gmail.com
Objectives:
Personal Information:
Status : Single
Gender : Female
Height : 165 cm
Weight : 58 kg
Citizenship : Filipino
Educational background:
Achievements:
-Understanding Person
Character References:
I hereby certify that above-mentioned information are true and correct to the best of my
knowledge and beliefs.
Applicant
Johanna Marie B. Sangalang
Tarlac, Philippines
Mobile # 09493707500
E-mail: chotchot279@gmail.com
Career Objectives
Personal Information
Work Experience
Trainings/Seminars
License/ Certification
Nursing Licensure Examination of the Philippines
Educational Attainment
SY 2016-2020
Bachelor of Science in Nursing
SY 2013-2016
SY 2007-2013
Character References
Chief Nurse
Chief Nurse
Bangtan Hospital
Clark, Pampanga
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:
EDUCATIONAL BACKGROUND:
COLLEGE: UP Diliman University
CHARACTER REFERENCES:
I hereby certify that above-mentioned information are true and correct to the best of my
knowledge and beliefs.
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
WORK HISTORY
Sept. 2017 – Sept. 2018: Senior Accountant at MANDIRIGMA HOTEL AND CASINO
Managing the money of the whole company
EDUCATION
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
I hereby certify that the above information is true and correct with the best of my
knowledge and belief.
Ralph Joseph Lugtu
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:
Status : Single
Gender : Male
Height : 171 cm
Weight : 115 kg
Citizenship : Filipino
Language : Filipino and English
Educational background:
Work Experience:
Job Description:
Job Description:
Controlling the System preventing from the malicious systems
Programs the Main System of the company
Creating new Systems
Key Traits:
-Understanding Person
-Fast Worker
Character References:
I hereby certify that above-mentioned information are true and correct to the best of my
knowledge and beliefs.
Applicant
Lieana Patricia G. Aguilar
E-mail: lieanaguilar04@gmail.com
Objectives:
Seeking a position wherein I can utilize my immense knowledge of human behavior and
continue to help others.
Personal Information:
Status : Single
Gender : Female
Height : 156 cm
Weight : 51 kg
Citizenship : Filipino
Educational background:
Work Experience:
Job Description:
Key Traits:
-Understanding Person
Character References:
I hereby certify that above-mentioned information are true and correct to the best of my
knowledge and beliefs.
Applicant