Professional Documents
Culture Documents
In partial fulfillment of
The requirements in Entrepreneurial Mindset
Condes, Pinky C.
Pin, Morino M.
Lavega, John Humprey
Duma, Christian Joy U.
Sunio, Catalino Jr.
Delas Marias, John Christian
Espora, Chrismar Jay V.
Fortuna, Renjie A.
March 2023
HOLY TRINITY COLLEGE
GENERAL SANTOS CITY
ACKNOWLEDGEMENT
We want to offer this endeavor to our Almighty God for the wisdom he
bestowed upon us, the strength, peace of mind, good health and spiritual
and collaborate to create this idea. Without their commitment, the success of
To Professor Jerish Felizarta Pada, for advice and for providing her
To the Admins, Faculty and whole HTC Community, who made this
TABLES OF CONTENT
Acknowledgement I
Executive Summary IV
The Business 1
Organizational Policy 10
Production Procedure 16
The People 25
The Product 25
Production Plan 29
Management Plan 29
Financial Plan 29
Documentation
EXECUTIVE SUMMARY
In General Santos City, the Chips 'n Chill Company also known as “C
& C” is a partnership-type company that leads the food industry. Since food
increased demand for foods, producers now provide healthier products and
more inventive flavors. To create its goods, the food manufacturer Chips ‘n
Chill mixes labor and raw resources. They buy products with the intention of
using them to make and generate new products. The business transforms
famous phrase from ‘Netflix and Chill’ as the components we utilize here are
vegetable chips as well as fruit drinks. Surely, customers will enjoy eating
snacks while chilling. While the brand name Kangkong Chips is also a
is enough for 100 goods. If all of these things are sold for 36 pesos, the
company can make 4,000 sales. The company will constantly supply fresh
raw ingredients for the manufacture of Spinach Chips products. This function
schedule in pieces and quantity. It also shows the total cost of manufacture
product. It has stalls open at malls, parks, and even at the airport for those
people who are looking for snacks and souvenir. And, rather than renting and
and their position in the business. They also provided additional benefits to
the event of equipment breakdowns and supply shortages. The 2,669 budget
for ingredients allows for the production of 100 pieces of Spinach Chips
The Chips ‘N Chill company plans to empower those people who are
concerned about their health and have issues that can only be resolved by
the nutrients found in spinach leaves. The Chips ‘N Chill come up with the
concept of being able to make a more nutritious form of chips in the nation
and that’s how was made. The majority of people consider chips with junk
food, but C ‘N C’s Company's unique and creative invention allows them to
The Company name is inspired from the phrase ‘Netflix and Chill’
which is the catchiest phrase especially in this modern generation. Since the
company’s service is not Netflix but rather a snacks and drinks, the company
I. Vision
General Santos City which provides healthy nutritious snacks for valued
II. Mission
(1) To serve clients with new, innovative and delicious chips as well as
(3) To guaranteed clients that our products are made from fresh
vegans, health-conscious, chip lovers, and parents who want their child to
(a) To promote healthy snacks as a substitute to the usual chips that we eat.
(d) To ensure that Chips ‘N Chill Company will reach the goals of the target
City.
responsible for all of the liabilities, risks, and duties. The proprietor has the
THE BUSINESS
SUPPLIER Because spinach is available throughout the year, the supplier has low
POWER bargaining power. As a result, the supplier cannot simply limit supply or raise
prices. Furthermore, other ingredients are always accessible on the market.
There is an average rivalry among the rivals. There are few companies
EXISTING that offer this kind of product elsewhere, but our company wants to
COMPETITOR introduce this to the local market. As a result, the company has a good
chance of dominating the market.
THREATS
OF Spinach and other ingredients are usually available in the market and
SUBSTITUTE fairly priced. And, since the process is simple to follow, there is a high
possibility that it will be substituted. However, our product's flavor and
quality remain distinct.
There is a large chance that potential entrants will enter the market due to the
POSSIBILITY
product's delicacy and rarity. Moreover, because the startup costs are low and
OFNEW
ENTRANTS the products can be sold off as "homemade," there is also a high possibility of
starting this kind of business these days.
to customers.
scanners.
accurately developed
Controls equipment
Packing products
report
of product
Organizational Policy
Chips ‘N Chills Company has its own by-laws, this was made to
guarantee that every employee of the Company is taken care of, that their
requirements are met, and that appropriate benefits are made accessible to
them for their work. This will assist employees in addressing concerns,
difficulties, and criticisms, and will provide the organization with a plan on
possibilities.
registering their time on the biometric fingerprint scanner. It will not consider
unless they file for unpaid leave absences. The salary will be withheld 20
pesos per minute for each late arrival. The penalty will be paid to charities
C. Policy on Safety - The Company should ensure that every staff member
is free of hazards and risks in order for them to identify that their workplace is
while under the influence of illegal drugs or alcohol. Violators must either be
suspended or fired.
spare time.
employees. Thus, depending on their shift, their working hours are 6:00 AM
shift should only be done by the Department Heads, approved by the HR.
location in the office. All policies will be handed to all workers for their own
conditions, all of which have a major impact on the company. The policies
listed above are intended to give working rules for the employee and its
employees who are suitable and reliable for a certain position in the
people.
experience that may be relevant to the job they are seeking for, and to
are required to undertake some medical examinations such as drug tests and
perform productively.
orientation program so that they are familiar with the workplace and are
company, and what takes people suited to specific jobs is training. Business
Wages
once every two (2) weeks or twice a month at intervals not exceeding sixteen
operation.
Benefits
Employees will receive a Christmas bonus, and if they become ill, the
company will pay sick leave with a payment for doctor's consultation. If
employees give their all in business, they will receive a non-monetary award
such as a certificate with the title "best employee of the year" and a matching
gift certificate.
Meal Hours
unpaid lunch break in the middle of the workday. Employees must receive at
least one hour off for regular meals, as stipulated in Article 89 of Book Three
Break Time
You are allowed to a paid 10-minute rest period in the middle of every
Job Abandonment
If you are absent from work for two days and do not contact your
employer, you may be terminated.
The company will ensure that they are in proper working conditions
and will guarantee them from any dangers or threats to their health that may
emerge while doing their duties. Articles 156 through 161 of the Labor Code
The company will definitely create a safe working environment for its
Kraft Paper Pouch with Zip 6 pcs Php 80.00 ( for 50 pcs) 480.00
lock
The product selling price already includes the labor cost. This
will be sold in resealable pouches with 60 grams net weight per pack.
Production Procedure
STEPS PROCEDURE
1 Clean the spinach thoroughly.
2 Remove leaves from the stem. Set aside.
3 For the batter, combine cornstarch, flour, egg, salt and water.
4 Put it in a clean mixing bowl.
5 Add condiments to taste.
6 Mix until the consistency is smooth.
7 Heat oil, and reduce fire to medium.
8 Dip spinach leaves in batter.
9 Deep fry until crispy.
10 Drain oil from spinach leaves.
11 Put it on a tissue to absorb the oily substance.
12 Once dry, pack it in a paper pouch and seal it with ziplock.
13 Serve/ Deliver.
help to reduce costs. The Table 5 below shows the utility expenses incurred
in producing the product. The power supply and water supply as well as the
gas used.
UTILITY COST
Electricity 5,000.00
Water 2,000.00
TOTAL 17,000.00
The company will use basic waste management. Inside the Chips ‘N
Chills store, there will be trash cans for biodegradable and non-
generated from the materials used will be collected and recycled by the
company in order to limit the amount of garbage disposed off. As aresult, the
Product Concept
Water Spinach is beneficial to your skin, hair, and bones. There is also
protein, iron, vitamins, and minerals. Vegans, particularly parents, can easily
Production Concept
product is clean. Including the sanitary and safety inspectors, as well as the
QA and QC. It also has a storage room where the materials are kept. Product
each a box
Selling Concept
The company has various methods for selling the product. It has stalls
open at malls, parks, and even at the airport for those people who are
looking for snacks and souvenir. On the other hand, the company is engaged
on social media. As a result, the goods will be sold on social networking sites
as well. Any method of payment will be accepted, including cash and internet
banking.
Marketing Concept
and the company. The organization thinks that wealth is synonymous with
health. The customer feels that health is wealth. As a result, the company will
make nutritious chips in return for profit while also providing consumers with
healthy snacks.
Societal Concept
stated, the recycled plastics from the company's garbage will be converted
into plastic chairs, which will then be donated to a daycare center and a
which college students whose parents have worked for the company for at
least 5 years will be certified as company scholars. Aside from that, the
conscious customers, they always hunt for food with nutritious elements,
ranking fiber as the most significant attribute in the snack they eat. As a
result, the major aim of this company is people who have a shortage of
C&C Company will offer its product through numerous social media
certified and suitable for people of all genders and religions. Furthermore, the
company's major target market is all General Santos City residents. But,
targets are subject to change. After all, the company still aims to be widely
known so, they are open for those people like tourists and vegans.
differ from those of adults and teenagers, according to research, since they
eat between breakfast and lunch, or between lunch and dinner. As a result,
the company's snacks are great for children. It is also compatible with the
because of its pricing, the product is intended for adults. Adults chose high-
CHIPS 'N
CHILL FAST FOOD
25%BUSINESS
ONLINE CHAINS
STREET FOODS 15% 40%
20%
the business industry. Because the market is fresh, it only obtained 25% of
the total market and finished third in the sector. Fast food restaurants
provided not just snacks but also meals and beverages, which is why they
are ranked first. Furthermore, street foods, have built their establishments
market share.
Customers
categories: major and minor. The concern that the Company may have with
major consumers is that they may expect large discounts, coupons, and
special treatment. Meanwhile, minor consumers buy less but are still
Suppliers
Major suppliers are crucial for daily delivery, and a problem with them
might result in delays or product quality concerns due to the large number of
manufacturing standards.
Complementors
make souvenirs, beverages, and delicacies can engage with us. It is often a
may be a mutual benefit. It will assist the company in extending the market,
Competitors
The company's competitors are KKK Original and The Better Chip.
They've been around for a while, and they also offer Kangkong Chips in the
and unique form of chip that will capture the customer's curiosity and leave
them wondering what the taste is. Because malunggay, cassava, spinach,
and saluyot are healthy and inexpensive vegetables, the company comes up
with the idea of turning them into snacks rather than serving them as meals.
This snack is ideal for eating while watching movies, chatting with friends, or
The People
The Chips ‘N Chills Company valued its people because they are the
the achievement of business goals and objectives. Thus, the Company will
boosting their skills and talents in making the product known to the market.
The Product
the minds of consumers by offering products that differ from those offered by
market. While the product is new, a larger market must be focused in order
product name. The Company prefers to use layman's terms so that the
establishing a new name that may cause confusion and bother to the
consumer.
contains spinach leaves, cornstarch, flour, egg, and butter as its ingredients.
good for your skin, hair, and bones. Protein, iron, vitamins, and minerals are
also present. Customers will love this healthy chip because it has no
their friends, relatives, or work colleagues to try the product as well. By using
such individuals' influence, they can bring clients to the brand who may be
hesitant to be the first to try something new. Giving prizes stimulates word-of-
mouth if they include discount coupons and little presents. Building consumer
bag with a ziplock design with a sticker of the brand logo. The ziplock serves
The business concept is unique, as is the fact that it is the first in the
as kids and adults, where chips offer greater chances for the company to
capture the market. Producing quality items can improve the image of a
continue to purchase the Spinach Chips if the fact that they are a healthy
snack is maintained, and it can improve the image of the company because
The product's price includes the packages as well as extra costs. The
items produced are priced so that they are affordable to clients, and the
Floor Plan
jvg
Physical Store
The company will always provide fresh raw materials for the
quantity. It also displays the entire cost of production for the goods. The
assurance of the business that the quality of their product is in good shape
A Company owns and operates the business. It has eight (8) staff and
province's minimum salary and their position in the business. They also
To determine the net income or loss of the business, the total project
cost of the overall operation of the company and the capital investment of the
owner are computed. It includes the funding sources and uses, estimated
their initial business. This 80,000 will be used to purchase ingredients for the
64,198 serve as the company’s expense for machinery. And the 18,000 is
reserved for utilities expense for the first month of Store’s opening.
LIABILITIES
Long-term Liabilities 64,198
Utilities and Rentals 18,000
CAPITAL
Earnings 4,000
Paid-in Capital 80,000