Business Plan
Business Plan
EXECUTIVE SUMMARY
The name of our business is Parapherna Marchen. Parapherna means goods a bride
brings over and Marchen means Folktale. We are committed to delivering a delightful
sensory experience to our customers through our diverse range of unique and tantalizing ice
cream flavours.
The owners attain excellence owner optimism, logic, hardwork with education
through our passion and dedication we can definitely make it work. Parapherna Marchen
brings joy to many people and providing a place for friends families to gather and enjoy a
treat together. They can contribute to the local economy, creating jobs and supporting local
suppliers.
Our business is fast delivery we can assure that you will receive your order at a time.
Also our ice cream is aesthetic and quality we are committed to using only the finest
ingredients to ensure the highest quality and taste. We offer rotating menu of seasonal
flavours ensuring that there is always something new and exciting to try. We believe that ice
cream is not a just a dessert but a form of edible art that delights the senses
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Company Objectives
1. Quality Excellence: Continuously strive to produce the finest, most flavorful ice
creams using only the freshest ingredients and innovative recipes.
4. Innovation and Variety: Regularly introduce new and exciting flavors to tantalise
taste buds and keep our offerings fresh and enticing.
Business Philosophy
At Parapherna Marchen, we believe that every scoop of ice cream should be a moment
of joy and indulgence. We are passionate about crafting the finest quality ice creams, using
only the best ingredients to ensure each bite is an exquisite experience. Our commitment to
excellence extends beyond our products to our service, where we aim to create a warm and
welcoming atmosphere for our customers. We understand that enjoying ice cream is more
than just satisfying a craving—it's about creating memories and moments of pure delight.
That's why we go above and beyond to ensure that every interaction with our brand leaves
our customers feeling satisfied, appreciated, and eager to return. With enthusiasm and
dedication, we strive to make every scoop a celebration.
Keys to Success
1. Unique Selling Proposition (USP) Determine what sets our ice cream product apart from
competitors. Identify the unique features, flavors, or ingredients that make "Parchen
(Parapherna Marchen)" stand out in the market.
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2. Identify target audience for "Parchen (Parapherna Marchen)" ice cream. Consider factors
such as age groups, preferences, and geographical location.
3. Conduct thorough market research to understand the demand for ice cream in the target
market. Analyze the competition, market trends, and consumer preferences to identify
opportunities and potential challenges.
4. Develop a strong brand identity for "Parchen (Parapherna Marchen)" ice cream. Create an
appealing brand logo, packaging, and marketing materials that resonate with your target
audience. Implement effective marketing strategies, such as social media campaigns,
influencer collaborations, and local promotions, to build brand awareness and attract
customers.
5. Ensure that "Parchen (Parapherna Marchen)" ice cream offers high-quality ingredients and
flavors. Experiment with unique flavors and introduce seasonal or limited-edition options to
keep customers engaged and interested.
6. Set competitive yet profitable pricing for our ice cream products. Consider factors such as
production costs, overhead expenses, and market demand while determining the pricing
strategy. Striking the right balance between pricing and profitability is crucial for long-term
success.
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III. COMPANY PRESENTATION
Since 2024, Parapherna Marchen is an elegant brand of Ice Creams with innovative
flavors and toppings. Parapherna meaning “goods that a bride brings to her dowry”, and
marchen as “tale”. Together, they represent the owners of this business bringing goods for
joyous celebrations like a tale for the people.
Parapherna Marchen is located near the Crossing St. at Milagros, Masbate beside a near
landmark called Crispy King. The owners today are committed in putting dreams, tales,
fantasies into a reality with a scoop of cravings and happiness online or in a tangible store.
The Team
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Mary Jean Boloso (Entrepreneur CEO)
Mary Jean Boloso is a dynamic leader able to reach out and connect innovative ideas to
the customer and the seller or investor. She is a General Academic Strand student, a leader, a
versatile manager, and a very well maintained team member fit for the job for customer
service while reaching the hearts and desires of the target market.
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Princess Yutiga (Operator CEO)
Princess Yutiga makes her way as the underdog of the business. She is responsible for
the managing staff and facilities with a variety of knowledge to improve Parapherna
Marchen. She is one of the best qualified entrepreneur around, with a lot of connections in
her hands fitting for an operator owner.
V. SERVICES
Parapherna Marchen focuses on the journey of creating the best and most versatile ice
cream for everyone to indulge. This is a luxury ice cream brand that is highly negotiable in
price but not in quality. And with that, Parchen offers an aesthetic and excellent service along
with the quality of the product. These are the following:
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● Aesthetic Table in front of The Store - This is a simple picnic-pattern covered
round steel table with two chairs made from plastic and a tiny flower vase at the
center added with tissues slipped inside a napkin container.
● Pleasant Ice Creams - Our first products include Okinawa, Matcha, Double Dutch,
Cookies and Cream flavors. No other common flavors.
● Accommodating Staff - The staff would be the same with the owners, because they
are still a small business currently. The three will handle the business each day.
● Small Online Orders - The staff or owners will create advertisements online in
different social medias to deliver their products at near places.
● Online Business
● National Delivery
● Fast food like business with nice atmosphere
● A small business to a company
● E-commerce
● Signature ice cream brand of a famous medium
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maintaining a secure and reliable operation ,as losing a customer would not only impact our
business but also jeopardize all the hardwork and effort we have invested.Our ice CRE
business typically carter's to a wide range of individuals across different age groups.While the
primary target demographic encompasses people of all ages ,it is important to tailor the
product offerings to specific age groups.
Market Research
The market research can be defined as the process of gathering, analyzing and
interpreting the information about the product or the services.In this table the market size
(Local) column represents the estimated size of the ice cream market in the local area .The
Market size column indicates the percentage of market share held by each competitor.The
potential for growth column assesses the potential for growth based on factors such as market
saturation, customer demand,and competitive landscape.Parapherna Marchen's market size
and market share are marked as N/A since it is new entrant and does not have yet established
data . However,the potential for growth is marked as "High" to indicate the opportunities that
exist for Parapherna Marchen to capture a significant portion of the market share due to its
unique offerings and strategies.
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Parapherna N/A N/A High
Marchen
Market Segmentation
The Market is divided into three segments:
1. Demographic segmentation - The first segments could be based on age, gender, income
level, etc. For instance, Parapherna Marchen Ice cream could target kids ,teenagers,or adults
separately with different flavors or packaging.
2.Geographic segmentation - The second segment involves segmenting the market based on
location. The business could focus on certain cities, regions or countries.
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Access to Distribution Channel
- Large, established ice cream companies may have exclusive contracts with
supermarkets and convenience stores,making it difficult for a new entrant to find
retail space.
Brand Loyalty
- Consumers often have strong preferences for certain ice cream brands.Overcoming
this loyalty and convincing customers to try a new product can be a significant
challenge.
Regulatory Compliance
- The food industry is heavily regulated.A new entrant need to ensure compliance with
all relevant health and safety regulations, which can be time-consuming and costly.
Product Differentiation
- The ice cream market is quite saturated.A new entrant needs to offer something
unique to stand out, whether that's a unique flavor , healthier options,or,a novel
serving method.
Potential Competitions
Competition
These competitors can vary based on location and market dynamics.In the competitive
landscape of our ice cream small business industry there are several key players that
Parapherna Marchen should be aware of. (1) Established ice cream brands (2) Local Artisanal
Ice cream shops (3) Frozen yogurt chains and lastly (4) especialty Dessert shops. To thrive in
this competitive landscape, Parapherna Marchen should focus on differentiating itself through
unique flavors, high-quality ingredients, exceptional customer service,and a strong brand
identity.
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Factors
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- Established parking experience
presence in options - Family-owne
the local d and
community community-f
ocused
- Focus on
creating a
welcoming
environment
In the local market,Parapherna Marchen may face competition from various local ice
cream businesses. Sweet Scoops is a popular local ice cream shop known for its wide variety
of flavors and homemade ice cream. Creamy Delights is a local ice cream business that
specializes in artisanal, handcrafted ice cream. Frosty Treats offers a variety of toppings and
specialty sundaes, providing customers with a traditional ice cream parlor experience. Scoops
on Main they offer a cozy atmosphere and a rotating selection of seasonal flavors. To
compete with these local competitors, Parapherna Marchen can differentiate itself by offering
unique and innovative flavors, using high-quality ingredients, and providing exceptional
customer service. Creating a welcoming and visually appealing ambiance, implementing
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creative marketing strategies, and engaging with the local community can also help
Parapherna Marchen establish its presence and attract customers in the local market.
Niche
Parapherna Marchen can specialize in offering unique and exotic flavor combinations
that are not commonly found in traditional ice cream shops. By focusing on artisanal
craftsmanship and using high-quality ingredients, It can create a niche for itself as a
destination for customers seeking innovative and adventurous ice cream flavors. This can
attract customers who are looking for a distinct and memorable ice cream experience that
goes beyond the conventional flavors offered by other competitors.
Distribution Channels
Online Ordering and Delivery, This distribution channel allows customers to place
orders through a website or mobile app and have the ice cream delivered to their doorstep.
Wholesale to Retailers,This distribution channel allows for wider market reach by leveraging
the existing customer base and distribution networks of these retailers.
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Established a strong online presence through a well -designed website and active social
media profiles.
Promotion
Parapherna Marchen Ice Cream promotes their business through various channels.
They use social media platforms like Instagram and Facebook to showcase their unique ice
cream flavors, engage with their followers, and announce special promotions or events. They
also collaborate with influencers and food bloggers to create buzz and reach a wider
audience. Additionally, they participate in local food festivals and events to introduce their
ice cream to new customers.
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Place
Parapherna Marchen Ice Cream operates from a small and cozy storefront located in a
popular shopping district. The location is easily accessible and attracts both locals and
tourists. They also have a strong online presence, allowing customers to place orders for
pickup or delivery through their website or popular food delivery platforms. Additionally,
they collaborate with local cafes and restaurants to offer their ice cream as a dessert option.
Product
Parapherna Marchen Ice Cream offers a variety of unique and delicious ice cream flavors
inspired by fairy tales and fantasy. They use high-quality ingredients and offer both dairy and
non-dairy options to cater to different dietary preferences. Their product range includes
classic flavors as well as creative and seasonal flavors that change regularly.
1. Quality Ingredients: Always use the highest quality ingredients you can afford. Fresh,
natural, and organic ingredients can make a significant difference in the taste of your ice
cream.
2. Unique Flavors: Experiment with unique, gourmet flavors. This can set you apart from
other ice cream shops. You could consider seasonal flavors or collaborate with local
businesses for ingredients.
3. Attractive Packaging: Invest in attractive, eco-friendly packaging. This can be a great way
to attract customers. Plus, it's good for the environment!
4.Collaborations and Partnerships: Consider partnering with local restaurants or businesses
to offer your ice cream as a dessert option.
5. Online Presence: Create a strong online presence. This includes having a user-friendly
website and active social media profiles. Sharing mouth-watering photos of your ice cream
can be a great way to attract customers.
6. Delivery Services: In today's digital age, home delivery services are a must. Partner with
delivery apps to make your ice cream more accessible to customers.
7.Customer Loyalty Program: Implement a customer loyalty program. This can encourage
repeat customers.
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8. Excellent Customer Service: Last but not least, always provide excellent customer service.
This can make a big difference in whether customers choose to return to your store.
Start-up Summary
Mary Jean Boloso, Thalia Nicole Guardame, and Princess Yutiga will work together for
this business in order to figure out a stable venture of Parapherna Marchen. The following
tables will show the start-up require that is soon needed in the cash flow statements and
balance sheets.
Start-up Requirements
The table will show the expenses needed by the firm for preparation starting with the
total of start up expenses which is 6,950 PHP.
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Funding the startup Requirements
The financial method to gain requirements is bootstrapping. The owners will cover all
the equipments and expenses by adding 12,067 PHP each.
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The following graph shows the investment’s way of funding the assets and the expenses for
the startup phase of the business.
Sales Forecast
The sales has consultancy hours of 434,400 for the first year and continued to arise as
well as the price and sales for the emerging years. Since the business just has one product,
only sales would he stated in the table below.
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According to the forecast, the business showed statistics and proved to be eligible for
future investments. And all the consultancy hours, estimated price, and the total sales would
be compared and shown from the three years to define the truth of Parapherna Marchen’s
improving business.
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APPENDICES
DOCUMENTATIONS
PRODUCT
CURRICULUM VITAE
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