BICOL COLLEGE
Cor. J. P. Rizal & R. F. Tabuena Sts.
Daraga, Albay
Tel No. (052) 483-0801 Fax No. (052) 483-0904
www.bicolcollege.edu.ph
COLLEGE OF BUSINESS EDUCATION
"PILIART NUTS"
A Business Plan
Presented to
The Faculty of the College of Business Education
Bicol College
Daraga, Albay
In Partial Fulfillment
Of the Requirements for the Degree
Bachelor of Science in Hospitality Management
Ronnie Malate
John Patrick Mirabel
Joefil Nagares
Christian Ombao
Mel Randy Herrera
S.Y 2014-2015
i
BICOL COLLEGE
Cor. J. P. Rizal & R. F. Tabuena Sts.
Daraga, Albay
Tel No. (052) 483-0801 Fax No. (052) 483-0904
www.bicolcollege.edu.ph
COLLEGE OF BUSINESS EDUCATION
ADVISER’S RECOMMENDATION
This business plan entitled “PILIART NUTS”, prepared and submitted by
John Patrick M. Mirabel, Ronnie M. Malate, Joefil C. Nagares, Christian Ombao
and Mel Randy Herrera in partial fulfillment of the requirements for the degree
Bachelor of Science in Hospitality Management, has been reviewed by the
undersigned and is recommended for proposal defense.
It is further certified that the undersigned has supervised the pre-editing of
this manuscript.
DR. JOSE WINSTON B. TABUENA II
Adviser
ii
BICOL COLLEGE
Cor. J. P. Rizal & R. F. Tabuena Sts.
Daraga, Albay
Tel No. (052) 483-0801 Fax No. (052) 483-0904
www.bicolcollege.edu.ph
COLLEGE OF BUSINESS EDUCATION
RECOMMENDATION FOR FINAL ORAL DEFENSE
This business plan entitled “PILIART NUTS” prepared and submitted by
John Patrick M. Mirabel, Ronnie M. Malate, Joefil C. Nagares, Christian Ombao
and Mel Randy Herrera, in partial fulfillment of the requirements for the degree
Bachelor of Science in Hospitality Management, is hereby recommended for
final oral defense.
REMELINE E. LUCILO-BAUSA, Ed.D.
Chairman
MAILA M. VILLARUEL, MM MARIA CHUCHAY E. BAILON, MBA
Member Member
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BICOL COLLEGE
Cor. J. P. Rizal & R. F. Tabuena Sts.
Daraga, Albay
Tel No. (052) 483-0801 Fax No. (052) 483-0904
www.bicolcollege.edu.ph
COLLEGE OF BUSINESS EDUCATION
ORAL EXAMINATION
This business plan entitled “PILIART NUTS” prepared and submitted by
John Patrick M. Mirabel, Ronnie M. Malate, Joefil C. Nagares, Christian Ombao
and Mel Randy Herrera, in partial fulfillment of the requirements for the degree
Bachelor of Science and Hospitality Management, has been successfully
defended in oral examination held at Bicol College Graduate School.
RESULTS OF THE ORAL EXAMMINATION
ACTION TAKEN
REMELINE E. LUCILO – BAUSA, Ed.D. ______________
Chairman
MARIA CHUCHAY E. BAILON, MBA ______________
Member
MAILA M. VILLARUEL, MM ______________
Member
DR. JOSE WINSTON B. TABUENA II
iv
Adviser
BICOL COLLEGE
Cor. J. P. Rizal & R. F. Tabuena Sts.
Daraga, Albay
Tel No. (052) 483-0801 Fax No. (052) 483-0904
www.bicolcollege.edu.ph
COLLEGE OF BUSINESS EDUCATION
FINANCIAL EDITOR’S CERTIFICATION
To Whom It May Concern:
This is to certify that the financial statement in this business plan entitled,
“PILIART NUTS”, prepared and submitted by John Patrick M. Mirabel, Ronnie
M. Malate, Joefil C. Nagares, Christian Ombao and Mel Randy Herrera, were
checked by the undersigned.
MAILA M. VILLARUEL, MM
Statistician
v
BICOL COLLEGE
Cor. J. P. Rizal & R. F. Tabuena Sts.
Daraga, Albay
Tel No. (052) 483-0801 Fax No. (052) 483-0904
www.bicolcollege.edu.ph
COLLEGE OF BUSINESS EDUCATION
EDITOR’S CERTIFICATION
To Whom It May Concern:
This is to certify that the business plan entitled “PILIART NUTS”,
prepared and submitted by John Patrick M. Mirabel, Ronnie M. Malate, Joefil C.
Nagares, Christian Ombao and Mel Randy Herrera, has been edited by the
undersigned.
MELODY M.
BARRANDA, MAEd.
Editor
vi
BICOL COLLEGE
Cor. J. P. Rizal & R. F. Tabuena Sts.
Daraga, Albay
Tel No. (052) 483-0801 Fax No. (052) 483-0904
www.bicolcollege.edu.ph
COLLEGE OF BUSINESS EDUCATION
APPROVAL SHEET
This business plan entitled “ PILIART NUTS “ prepared and submitted by
John Patrick M. Mirabel, Ronnie M. Malate, Joefil C. Nagares, Christian Ombao
and Mel Randy Herrera, in partial fulfillment of the requirements for the degree
Bachelor of Science in Hospitality Management, has been examined and
recommended for acceptance and approval.
ATTY. WILFREDO BUSALLA
Dean
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ACKNOWLEDGMENT
If there is one aspect in our college life that we shall find most unforgettable,
then it would be the making of our business plan. For it was during this time that
we had experienced in the past with so much pain, trials, disappointment and
hardships, yet at the same time it had also allow us to experience a sense of
fulfillment, from learning lot of things, joy from the little success that we achieved,
but most of all gratitude from lots of people who had shown to us their love,
concern, support and had made every inch of the rough road seem easier to
trade on.
We would like first to express our unending thanks to the great one above,
for the unconditional support and love all throughout this undertaking. This
project could not have been finished without all the patience, strength,
perseverance, and dedication. He showered upon us to continue and move on
despite all the struggles.
Any endeavor would never be impossible without the assistance of several
persons who cared for and supported us. We would like to extend our
immeasurable debt of gratitude for sharing their valuable time and expertise with
us,namely: Dr. Remeline E. Lucilo-Bausa, Prof. Maila M. Villaruel, Prof. Maria E.
Chuchay Bailon, who contribute time and effort through the success of this
activity;
The Almighty God, for giving us hope, strength and determination. Our
professor and adviser Dr. Jose Winston B. Tabuena who taught us benefit of this
project to us;
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Our parents for their unlimited financial and moral support to pursue during
the times we felt like giving up.
TABLE OF CONTENTS
TITLE PAGE………………………………………………………………………….....i
ADVISER RECOMMENDATION……………………………………………………..ii
RECOMMENDATION FOR FINAL ORAL DEFENSE…………………………..…iii
ORAL EXAMINATION…………………………………………………………………iv
STATITISCIAN CERTIFICATION…..………………………………………….........v
EDITOR’S CERTIFICATION………………………………………………………….vi
APPROVAL SHEET…………………………………………………………………..vii
ACKNOWLEDGMENT..………………………………………………………….......viii
TABLE OF CONTENTS……………………………………………………….……...ix
EXECUTIVE SUMMARY..…………………………………………………………....xi
INTRODUCTION……………………………………………………………………...xiii
I.MARKETING ASPECTS
A. Market and Competitive Analysis………………………………………….1
B. Raw Materials…………………………….………………………………….2
C. Production Process………………………………..………………………..2
D. Current Market………………………………..…………….……………….3
E. Service Description…..…………………………….………………………..3
F. Demand Supply Analysis…………………………………………………...4
II.ORGANIZATIONAL AND MANAGEMENT ASPECTS
A. Definition of Organization and Management………………….……..5
B. Form of Ownership………………………………………..…...…........5
C. Organizational Structure……………………………………….……....6
D. Duties and Responsibilities…………………………………….……...7
E. Manpower Requirements……………………………..………………..9
F. Salaries and Wages………………………………….………………..11
G. Business Registration and Permits…………..……………………...13
H. Articles of Partnership…………………………………………...........16
I. Rules and Regulations………………………………………………..20
J. Business Mission and Goals………………………………………....22
III. TECHNICAL STUDY
A. Service Specification………………………………………..………...23
B. Diagram……………………………………………………………..….23
C. Flow of Service Chart………………………………………………….23
D. Utilization…………………………………………………………...…..24
E. Store and Equipment………………………………………….………24
F. Furniture and Fixtures…………………………………….…………..25
G. Housekeeping Supplies………………………………………………26
H. Office Supplies…………….…………………………………………..26
I. Business Location…………………………………………….……....27
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J. Service Quality and Strategy……………………………..………….29
K. Waste Management and Environmental Impact………...……...…29
L. Labor Requirements………………………………………..………...30
IV. FINANCIAL STUDY
A. Total Project Cost…………………………………….……………….33
B. Financial Assumption…………………………….…………………...34
C. Capitalization…………………………………………………………..35
D. Projected Income Statement………………………………………...36
E. Projected Cash Flow Statement……………………………………..37
F. Projected Balance Sheet……………………………………………..38
G. Amortization of Organization Expense…………………………..….40
H. SSS, PAG-IBIG and PHILHEALTH CONTRIBUTION…..……......40
I. Projected Sales………………………………………………………..41
V. SOCIO-ECONOMIC STUDIES
A. Socio Economic Aspects
BIBLIOGRAPHY
x
EXECUTIVE SUMMARY
I. PROJECT IDENTIFICATION
A. Name of the Project : PILIART NUTS
B. Project Location : Legazpi Terminal Tahao Road Legazpi City
C. Proponents :Ronnie Malate
:John Patrick Mirabel
:Joefil Nagares
:Christian Ombao
:Mel Randy Herrera
D. Type of Organization : Partnership
E. Business Vision, Mission and Objectives:
Vision:
Piliart envisions to be a leading Pilinut maker offering
affordable and quality product.
Mission:
The mission of Piliart is to excel in the industry and be strong
partner of the provincial government in progress.
Objectives:
1. To know their brand as “Classic Pasalubong” within 6 years at
National level.
2. To provide a quality product to our customers at reasonable price.
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3. To make the customers loyal towards brand and capture brand equity
from them.
4. To consider that employees are assets who provide us the services in
honesty way.
5. To give the customers satisfaction towards the innovated product.
6. To attain atleast 30% market share of food industry within 10
years.
Total Project Cost: 265,000.00
Financing Sources: Financing sources will come from the personal saving and
borrowings of the proponents.
xii
INTRODUCTION
The Philippine economy is strong enough to ride out tighter in monetary
conditions, the International Monetary Fund (IMF) said, but increased public
investment is necessary to support growth. The best thing to do as an
entrepreneur is to think for a product that is out of the box. A product that will suit
the taste of the people then it will easily penetrate the market without thinking of
the competitors.
Canarium ovatum, commonly known as pili, is a species of tropical tree
belonging to the genus canarium. It is one of approximately 600 species in the
family Burseraceae. Pili is native to maritime Southeast Asia, Papua New
Guinea, and Northern Australia. They are commercially cultivated in the
Philippines for their edible nuts. The most important product is the kernel. When
raw, it resembles the flavor of roasted pumpkin seed, and when roasted, its mild,
nutty flavor and tender-crispy texture is thought by some to be superior to that of
the almond. Pili kernel is also used in chocolate , ice cream, and baked goods.
Nutritionally, the kernel is high in manganese, calcium, phosphorus, and
potassium, and rich in fats and protein. This is perfect to be main ingredient of
the product of the business by creating and giving new delicacies came from pili
kernel and will give the people a new variety of dessert and “pasalubong” of the
vacationists to their friends, co-workers, families and so forth.
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