In Fulfillment of the Requirement for the subject Entrepreneurship

Business Plan
June 26, 2019

For

Snack Hub
UM Tagum College, Tagum City
 INTRODUCTION
Business Model and Business Concept
Traditionally, Filipinos look for food that is mouthwatering like tapioca typically
because of our tropical weather and in our case, stressful school-works. In relation to
this, Snack Hub would gladly help to ease out your worries through our local themed
snacks.

Snack Hub is a business establishment which provides snack or “meryendas” that

are quite famous in every corner of our country. It will be an upscale snack parlour
specializing in tapioca plus we will also be featuring our sweet munchkins to fully give
our customers the total Filipino snack experience.

This business is a manufacturing company which has a goal in being able to

satisfy the cravings of our customers. The ingredients of our product can be seen
around the local area, so we can assure that supplies are fresh, nutritious, and
natural. The business prices will be affordable in order to meet the capacity of our
customer which are mainly students and staff of University Mindanao.

Price will vary depending on the size of the cup (P20-P30). This product will be
prepared and done homemade so that we can achieve our distinct taste. In addition
we will also sell munchkins with different toppings which cost (P5) it can be
marshmallow, sprinkles, powdered milk or dip into chocolate.

With this simple and humble menu, surely grabbing the attention of the market will
not be easy especially with the highly competitive businesses in the industry. That is
why the young entrepreneurs of this business modified our menu into something that
would make it known to the market.

SnackHub is a partnership organization or business with four owners. These four

people has agreed to have their financial share in the business to be divided equally
as well as the duties and responsibilities in the management. Assets and liabilities
that will be taken in and out of the business will be the obligation of all proprietors.
Each of us in the team will be given a specific department. She will handle the task in
that position namely the finance, the sales and the production.

Since we will be leading and managing our departments as department heads,

employees will be shouldered by the managers according to their departments. The
profit shares will be of course divided evenly to the proprietors after the deduction for
the salaries of the workers. In addition, our first target capital is Php 500.00 which will
further adjust in accordance to the result of our dry-run sale.

The location of the business will be at the P.B San Jose Gymnasium in University
of Mindanao. This business will be opening during the entrepreneurial week and we
will be happy to serve you.

VMG

BUSINESS OFFERINGS AND JUSTIFICATION

Snack Hub offers munchkins, tapioca and other snack products, all from
high-quality ingredients yet an affordable one. Snack Hub produced products in the
right way of process also includes ingredients with nutritional facts. The product
undergoes a clean and safe way of production to ensure the quality of the product
itself. Snack Hub caters to all of its customers by providing each customer of its
incomparable taste and delicious snack products made to suit the customer's taste.
Munchkins and Tapioca are the specialize products of Snack Hub where the following
and add up products will be its subordinates. Snack Hub is also an efficient business
where it is a flexible one and can get through easily in terms of major changes in the
business.

The business provides freshly prepared food and snack products at all times
during business operating, in order to keep the customer's health in place. The
product itself varies from person to person where the Snack Hub ensures the taste of
every product would really fit the taste of individuals. There's nothing to worry about,
besides of its delicious and scrumptious dishes it is also affordable to any type of
customers, in the community and the country, in general. Snack Hub fills your day in a
simple way.
 `

Definition of the market

Our country, Philippines holds a very big reputation when it comes to the
internationally known Carabao Mangoes or also known as the Philippine mangoes
because of its sweetness and exotic taste. Filipinos are known to have a very soft
side when it comes to sweet desserts, where the classic Mango floats are craved and
loved by millions of Filipinos. Time to time people likes to innovate and make
something different other than the classic mango float but a little bit better and more
affordable to fully satisfy the Filipino’s mango cravings and an extra bonus of cold
milk to beat the Philippine’s scorching hot weather.

This is the birth of now, the all-time favorite, Mango tapioca. Snackhub bocadillo
brings this product from scratch by purchasing the mangoes from the local fruit stands
and buying the other ingredients from the local supermarket to ensure its freshness
and superb quality. Snackhub bocadillo will also offer munchkins with variety of
toppings to choose for our customers to satisfy their own topping cravings and also
personalize their own munchkins.

Snackhub bocadillo will be catering the students, faculty and everybody even
outside of the University of Mindanao. Students from Junior high school to even
college students who are looking for something good to eat and would quench their
thirsts along to beat the heat. Faculty and staff will never be exempted to taste
heaven through our delicious snacks. Costumers from outside the university will also
never miss out to try and indulge what we have to offer. Our product is guaranteed
student budget friendly with the taste of luxury.

The idea of selling desserts may not be the best idea knowing that in this industry,
there is a very high possibility that we would be overshadowed by our competitors.
We believe and we stand true to our responsibility as entrepreneurs to rise up among
the competitions and update our menu from time to time when of course, we will have
enough profit from our succeeding products to turn into an additional capital without
sacrificing and diminishing the quality of our products. As of now, we only have 5% of
the market share because of the increasing number of competitors. We know that
with the right camaraderie, outstanding staffs, and of course our very well thought,
affordable and quality products we will soon have the 50% of the market share.