Siosig Delight: Entrepreneurship Report
Siosig Delight: Entrepreneurship Report
A Terminal Report
Presented to
The Faculty of Camarines Norte State College
Ret. Judge Antonio C. Entienza Campus
Sitio Lobo, Barangay Tabugon, Sta. Elena, Camarines Norte
In Partial Fulfillment
Of the Requirements for the Degree
Bachelor of Science in Entrepreneurship
by
Jessa M. Manriza
Chezka Pera
2021
Republic of the Philippines
CAMARINES NORTE STATE COLLEGE
Ret. Judge Antonio C. Entienza Campus
Sitio Lobo, Barangay Tabugon, Sta. Elena, Camarines Norte
Moderator Moderator
APPROVAL
This work could not be possible without the help of Almighty God for giving the
proponents a strength in everyday living to accomplish this opportunity and to those
people who share their time knowledge and expertise. The authors would like to thank;
To Ms. Jofhiline F. Dygico, PhD, the campus Director, for the guidance and
encouragement;
To Mr. Daryl Vincent P. Petas and Ms. Sharlyn Rica P. Nolasco, for their
constructive criticism, suggestions, and recommendation;
- The Owners
iii
TABLE OF CONTENTS
Title Page
TITLE PAGE i
CERTIFICATION AND APPROVAL SHEET ii
ACKNOWLEDGMENT iii
TABLE OF CONTENTS iv
I. INTRODUCTION 1
II. DISCUSSION 1
A. Management 1
B. Marketing 2
B. 1. Sales Target 3
B. 2. Actual Sales Performance 3
C. Finance 4
C. 1. Financial performance 4
D. Production 5
III.KEY CHALLENGES
A. Management 5
B. Marketing 5
C. Finance 5
D. Production 6
A. Management 6
B. Marketing 6
C. Finance 6
D. Production 6
V. CONCLUSION 6
iv
VI. RECOMMENDATION 7
ANNEXES
APPENDICES
LETTERS
PHOTO DOCUMENTATION
CURRICULUM VITAE
LIST OF ANNEXES
V
LIST OF APPENDICES
E. Product packaging 15
H. Facebook Page 17
LIST OF TABLE
1. Key Challenges 5
LIST OF FIGURE
1. Sales Target 3
vi
I. INTRODUCTION
The successful implementation taught the owners that running a business requires
trait such as positive mind, goal-oriented, confidence, and desire for business. Since the
implementation are greatly affected by the pandemic, the proponents had to be more
flexible for the business to keep running during this time. Also, proper management
within their self can help make a business effectively.
II. DISCUSSION
This chapter contains and discuss all activities done during the implementation of
business. This include the management, finance, production and marketing.
A. Management
1
making the product, marketing, and sales. Because of the pandemic the supposed to be
planned change immediately for the business to continue.
The owners made sure that all the activities are being monitored to helped the
owners to manage the business well in this time of pandemic. The implementation of the
business shows that the owners effort was paid off.
B. Marketing
The business implemented through zero middlemen. From the manufacturer, the
product was delivered directly to the consumer who was the buyers from Brgy. Bulala,
Sta. Elena Camarines Norte where the owners reside.
When it comes to advertising and promotion, siosig enterprise use social media
platform. As the popular used to promote a product and a wide selling platform
nowadays. It helps the business to reach many consumers in this time of pandemic.
Although only those who are nearby customers can only be serve due to the delivery cost.
Also, with the use of word of mouth help encourage them to patronize the product. By
using online platforms, communicating is more convenient and enables the business to
adapt in the new normal business operation.
In terms of pricing and product quality, the business offers a reasonable price for
the product. Even though the material cost increase because of the pandemic, the business
made sure that the quality will never affect its taste and appearance of the product. To
gain regular customers the owners should give them the satisfaction in every purchased
for them to patronize the business.
2
B.1 SALES TARGET
Siosig Enterprise
Sales Target
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
February March April May
Fig
ure 1 Sales Target for Siosig
The graph shows the target sales of the business. From the month of February,
March and April the target sales are 38,500 in per month and for the month of May the
target sales is 19,250 in two weeks and one day.
Siosig Enterprise
Actual Sales Performance
30,000
25,000
20,000
15,000
10,000
5,000
0
February March April May
3
The above graph shows the actual data for siosig. The business conduct survey to
analyze their target sales but because of the pandemic occurred the plans change and
were affected. On the other hand, the graph shows that Siosig Enterprise was able to
adapt its changes in the environment and manage to run. Although the target planned
sales didn’t reach, the business still supplies the demand of their target market and gain
sales from the month of February which is the actual highest sales and the lowest sales is
on the month of May.
C. Finance
The initial capital came from the owner’s personal savings. The owners struggle
on financing the necessary equipment and materials especially on making the product,
since the implementation started during the pandemic. Even though they struggle they
still manage to operate despite of the uncontrollable event.
Siosig Enterprise
Financial Performance
120,000
100,000
80,000
60,000
40,000
20,000
0
Plan Actual
The graph shows the actual cost and the projected cost. The projected cost is
97,677.80 and the actual cost is only 25,506. It also shows the actual sales of the
business. The above graph shows that the proprietors did not meet the sales target. This
happen because of the uncontrollable event that cause the implementation to not able to
4
meet its target sales. And due to financial resource, that could also have impact on
making the product. As of now the business did well on gaining profit from the month of
February which was the highest actual profit and the lowest is on the month of May. The
business still proven that the product is in demand on their target market.
D. Production
To ensure the quality of the product, the production is based on the daily
consumption of the product. The proprietors are all students that the production is
sometimes affected because of school activities.
Marketing Online Competitors All businesses are selling online and have a
wide range of distribution of their products.
Finance Transportation cost Due to the pandemic the transportation cost for
purchasing the raw materials and delivery of
products increases.
5
Production Lack of machine This results to slow production of the products.
V. CONCLUSION
The proprietors conclude that this terminal report helps a lot in the whole
implementation of the project. It helps the proprietors to have a specific plan from the
beginning up to looking for the possible solution of the problem encountered.
6
VI. RECOMMENDATION
To the next batch of future business plan implementation students, always start with
an effective planning of the business. You should be open-minded and accept the
suggestion of much experience person. Time management is very important. See to it
that you always have time to monitor your business. Strive harder to achieve your goal.
Never let the problems let you down instead find a better solution to overcome it. Lastly
never give up. Always remember quitters never win.
B. Entrepreneurs
To the CNSC IABD Administration, continue to support the students and influence
them to engage practical experiences and operational challenges to prepare the students to
the world of business by continuously motivating them as young professionals. Prepare a
well-organized schedule for the students for them to study, manage their time properly
and practice the actual implementation process.
7
ANNEXES
Annex A
SIOSIG DELIGHT
For the Month ended February 28, 2021
Annex B
SIOSIG DELIGHT
For the Month ended March 31, 2021
9
Annex C
SIOSIG DELIGHT
For the Month ended April 30, 2021
Annex D
SIOSIG DELIGHT
For the Month ended May 15, 2021
10
APPENDICES
Appendix A
SIOSIG DELIGHT
Daily Sales Report
For the Month of February
12
Appendix B
SIOSIG DELIGHT
Daily Sales Report
For the Month of March
13
Appendix C
SIOSIG DELIGHT
Daily Sales Report
For the Month of April
14
Appendix D
SIOSIG DELIGHT
Daily Sales Report
For the Month of May
Date Product Number Product Name Quatity Unit Price Total
May 1,2021 1 SIOSIG DELIGHT 100 7 700
May 2,2021 1 SIOSIG DELIGHT 150 7 1050
May 3,2021 1 SIOSIG DELIGHT 50 7 350
May 4,2021 1 SIOSIG DELIGHT 60 7 420
May 5,2021 1 SIOSIG DELIGHT 90 7 630
May 6,2021 1 SIOSIG DELIGHT 90 7 630
May 7,2021 1 SIOSIG DELIGHT 75 7 525
May 8,2021 1 SIOSIG DELIGHT 50 7 350
May 9,2021 1 SIOSIG DELIGHT 55 7 385
May 10,2021 1 SIOSIG DELIGHT 120 7 840
May 11,2021 1 SIOSIG DELIGHT 55 7 385
May 12,2021 1 SIOSIG DELIGHT 60 7 420
May 13,2021 1 SIOSIG DELIGHT 60 7 420
May 14,2021 1 SIOSIG DELIGHT 75 7 525
May 15,2021 1 SIOSIG DELIGHT 80 7 560
Appendix E
Packaging
15
Appendix F
Projected Financial StatemenTotal Projected Cost
PROJECTED COST (MONTH)
16
Appendix G
Actual Sales
Appendix H
Facebook Page
17
LETTER
CERTIFICATION
This is to certify that all usage of works, phrases, spelling and grammar of
this Business Plan Implementation entitled SIOSIG ENTREPRISE by CHEZKA
PERA, REINA DE LEON MADERA and JESSA M. MANRIZA in partial
fulfillment of the requirements for the degree Bachelor of Science in
Entrepreneurship was edited by the undersigned.
Editor
PARTNERSHIP AGREEMENT
In accordance with the terms, conditions and covenants of this agreement, the partner
shall:
After the end of the month of target sales, the total profit will be divided equally.
Desire to join together for the pursuit of common business goals.
The operation will end by the month of May.
Business partners:
Jessa M. Manriza
Chezka Pera
PHOTO
DOCUMENTATION
Display Area
The Actual/Finish Product
Product in
packaging
Actual Product Selling
CURRICULUM
VITAE
CHEZKA PERA
Maulawin Sta. Elena Camarines Norte
09095499586
Chezkapera26@gmail.com
Personal Information
Age : 21
Sex : Female
Civil status : Single
Nationality : Filipino
Date of Birth : December 26, 1998
Height :5
Weight : 41 kgs.
Educational Background
Tertiary
Address: Sitio Lobo, Brgy. Tabugon, Sta Elena, Camarines Norte
Degree: BS. Entrepreneurship
School: Camarines Norte State College
Secondary
Address: Brgy. Maulawin Sta. Elena Camarines Norte
School: Maulawin National High School
Year Graduated: 2014-2015
Elementary
Address: Brgy. Maulawin Sta. Elena Camarines Norte
School: Maulawin Elementary School
Year Graduated: 2010-2011
SIMINARS AND TRAINING ATTEDED
Personal information
Age : 25
Gender : Female
Civil status : Single
Nationality : Filipino
Date of Birth : July 14, 1995
Height : 5’5
Weight : 48 kgs
Educational Background
Tertiary
CNSC Entienza Campus - IABD
Tabugon, Sta. Elena, Camarines Norte
Bachelor of Science in Entrepreneurship
2020-2021
Secondary Bulala High School
Brgy. Bulala Sta. Elena, Camarines Norte
2011-2012
Elementary Bulala Elementary School
Brgy. Bulala Sta. Elena, Camarines Norte
2006-2007
Character References