Business Plan
Business Plan
Business Plan
WWW.FACEBOOK.COM/SIOMA-YAKANA
Owned by: Jhon Kylho Estrabo, Pia Marie Berdin, Rewashane Buyco, Jerson Balitucha, Niko
Pedrina, Mark Rhoniel Hinosa, Rexyl James Abad, Vincent Jobe Acero, Fritz Arvy Hiponia,
Patrick Albero, Domfred Rosit
2022
INTRODUCTION
Funding Requirements and Source of Funds. The funds will be from first sources which are
parents, friends, and other personal connections of the owner. The total estimated capital of
the Sioma-ya ka na business is about P that is composed of start-up cost and the operating
expenses of the business. The needed capital will be used in the developing of the business
purchasing materials and equipment, constructing food stall, and for the first payment of the
expenses of the enterprise. The source of this capital will be financed through owner of the
business.
The table below will show the construction materials, equipment and the packaging
of the product that will be included in the financing of the start-up cost of the business also all
the ingredients in the making of the product Siomai. Operating and other expenses will be
Rent Expenses
Weekly Annual
P1,000 P7,000
Promotional Expenses
Variable Cost Quantity Annual Cost
Tarpaulin P750.00 1 P750.00
Fliers P10.00 50pcs P500.00
Total P1,250.00
Supplies
Items Quantity Weekly Cost Annual Cost
Carrots 2 kilos P100.00 P200.00
Cabbage 4 kilos P1,08.00 P432.00
Eggs 5 pcs. P52.00 P260.00
Wheat Flour 1 kilo P35.00 P35.00
Wrapper 4 packs P72.00 P288.00
Soy sauce 1 gallon P116.00 P116.00
Brown sugar 1 kilo P45.25 P45.25
Onions 1 kilo P240.00 P240.00
Garlic 1 kilo P60.00 P60.00
Pepper 2 packs P60.00 P120.00
Salt 1 kilo P20.00 P20.00
Calamansi 1 kilo P75.00 P75.00
Total P2,071.00
Utilities Expense
Weekly Annually
Electric Bill P375.00 P1,500.00
Water Bill P250.00 P1,000.00
Gas P450.00 P450 (1 Tanks)
Total P2,500.00
Packaging
Item Cost Quantity Annual Amount
Siomai Plate P436.00 1 pc P436.00
Total P436.00
Office Supplies
Items Cost Quantity Annual Cost
Bond Paper P90.00 1pack P90.00
Ballpen/Pencils P100.00 1pack P100.00
Folder P10.00 1 P10.00
Total P200.00
Utensils
Items Cost Quantity Annual Cost
Knife P90.00 1 set P90.00
Mixing Bowl P200.00 1 set P200.00
Tongs P88.00 1 P88.00
Spoon P100.00 1 set P100.00
Measuring Cups P88.00 1 set P88.00
Sauce Container P176.00 2 pieces P176.00
Total P742.00
Salaries Expenses
Employees Act as Daily Monthly Annual
S. Rabor Manager P520 P13,500.00 P13,500.00
C. Abenoja Accountant/Cashier P300 P10,500.00 P10,500.00
Executive Summary
On creating the business plan the proponents consider both Economy and People a very important
aspect for business. Siomai-ya kana is a new business that aims to make, to distribute, to sell and to
provide one of the finest qualities and healthy siomai that will change the outlook of people about
vegetables way of eating. The proposed business is committed to promote a business that respects the
environment and the people. Siomai -ya kana wanted to serve a healthy Siomai not only to a single
person but for all, a quality, healthy and budget friendly siomai in town. The idea is created based on
Filipinos love for foods and drinks a culture that will never be taken away from us. The main
objective of Siomai-ya is to promote another way of ingesting vegetables not only the way Filipinos
cook vegetables, but proponents also want to introduce a siomai that consist of vegetables. Proponents
want to show to the market a new variety of Siomai that contains a high-level content of nutrients that
can help your body to be healthy. The proponents want also to promote to people that eating healthy
foods is very good because it can boost minerals and vitamins that the body needed. By creating this
kind of business, proponents not only promoting to eat healthy siomai but it can also encourage the
farmers to plant more vegetables. To put up the propose business the proponents need 50, 000 pesos
as their starting capital, Pia Marie Berdin, Jhon Khylo Estrabo and Rewashane Buyco. Rexyl Abad
will contribute 10, 000 pesos each, and Jerson James Balitucha will contribute 10, 000 pesos
Vision
Providing high-quality, delicious siomai that meets the needs and preferences of our
customers
Being a responsible and ethical company that follows all relevant food safety regulations and
guidelines
Being a leader in the siomai industry and setting the standard for excellence in siomai
production and sales
Being a profitable and sustainable business that makes a positive impact on the communities
we serve
Mission
Our company's mission is to provide the highest quality siomai to our customers, using only
the freshest ingredients and traditional cooking techniques. We strive to create a welcoming
and enjoyable atmosphere in all of our locations, and to offer exceptional customer service to
each and every one of our patrons. We are committed to continuously improving and
innovating our products and services, in order to exceed the expectations of our customers
and stay at the forefront of the siomai industry.
Objectives
Objectives:
Goals:
Introduce new siomai flavors and menu items to keep customers coming back
Build relationships with local businesses to increase catering and wholesale opportunities.
Business Model
Siomai-ya ka na
PRICE
High
Siomai-ya ka na Business
Low
Wealth Improvement Strategies
must be achieved. This will help the company track down and measure how much peso of
sales the company actually keeps in earnings. A 20% to 30% profit margin, then, means the
company has a net income of ₱0.10 to ₱0.20 for each peso of total revenue earned.
Environmental Analysis
Siomai-ya ka na. These elements must be used and assessed in order to determine whether
they have a direct or indirect impact on the business operations of the company. Additionally,
this might provide as a roadmap for the company should it ever require provision or
expansion. The PESTEL study, industry analysis, market position, and marketing strategy are
Societal Analysis
The majority of the Filipinos are fond of Chinese cuisines for it captured the heart and taste of
Filipino palates through its delicious and comforting flavor as evidenced by the hundreds of stalls
eateries, and restaurants who serve them. If there was ever a food designed for easy eating and truly
embodies the term “fast food”, it would have to be siomai. Almost bite-in-size, siomai is easy to eat as
it offers portability and convenience when you’re busy and can pack quite enough substance that it
PESTEL ANALYSIS
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Siomai rice, are growing rapidly, the market size of business has increasing. It was
also stated that there would be a 28% increasing growth for the next four years. In
the Philippines, one of the popular siomai rice store, the siomai rice or also known
as "siomai-ya kana". The researchers deemed this siomai rice business to be the
best food product for the industry. Not only that it is a Filipino cheapest food
produts. This business would be able to benefit the market, especially the students,
by giving them a good quality siomai, lessening their stress and possibly giving
them a feeling of relaxation. This is one of the Filipino siomai rice that no matter
how old, could still be a trendy in the food industry.
• Customer
Siomai-ya kana will be located at the campus of Antique National School. It will
offer specialty and healthy siomai rice to senior high and high school students as
well
as well as the general public. It will be reasonably priced and available to the
general public and potential buyers.
• Competitors
Because the company provides a good servicing, it has many competitors in the
area. which are more established and well-known on campus. The difference with
siomai-ya kana is that it serves specialty and healthy siomai and rice food while
also bringing back the happy memories in a bowl.
Creditors
There will be no official creditors associated with the business because the capital
will be funded by us, from our savings. The company will be paid from our savings
and will rely on the general public to make a profit.
Suppliers
Suppliers are the places where a specific ingredient or product is ordered when
starting a business. The price is also affected by the quantity of supplies ordered or
delivered. A change in supply is a shift in the relationship between quantity
supplied and price, which can be either directly or indirectly related. A change in
the price of a good causes a change in the quantity supplied but not in the supply.
The quantity supplied decreases as the price decreases, and the quantity supplied
increases as the price increases.
• Employees
When hiring, employees must follow some rules that define how employees are
interviewed and on-boarded into the company. Employers follow a set procedure
when interviewing new employees and applicants. All new employees must
complete diversity and information security training. Employers require quarterly
and annual performance reviews, and they give employees a rubric that explains
performance evaluations and how the company grades employees. Each employee
is expected to behave appropriately and follow company policies such as proper
dress code, workplace safety procedures, and computer and internet usage. Each
member of the business should arrive on time in order to have an efficient and
effective operating and store hour. A warning and a second infraction are issued for
a 5-minute delay. A warning is issued, and a second infraction occurs within 5
minutes.
A 30-day probation period begins, and a third infraction during that time period
results in termination. Attendance is always required; employees who miss more
days than the company's allotted days of absence may face disciplinary action. An
employee must work for a full year before becoming eligible for a retirement or
vacation plan. Employees may experience health issues for a variety of reasons.
• Market Position
The most likely competitors of the business where it offers a high-quality product
at a high price. The L business that received equal total scores of 4.5 with the
business siomai rice.
• Marketing Strategy
The packaging concept for the siomai rice must be consistent with the positioning,
which means that the materials used for the product packaging must be
environmentally friendly. The producers must provide an upscale feel without
spending a lot of money and state that customers can obtain the product for a very
low price of 25-30ph
pliers are the places where a specific ingredient or product is ordered when starting
a business. The price is also affected by the quantity of supplies ordered or
delivered. A change in supply is a shift in the relationship between quantity
supplied and price, which can be either directly or indirectly related. A change in
the price of a good causes a change in the quantity supplied but not in the supply.
The quantity supplied decreases as the price decreases, and the quantity supplied
increases as the price increases.
Siomai, is the best asian food found in Asia. It has a lot of variations like pork, beef, shrimp siomai.
But our very own SIOMAYA is a kind of dimsum that is different from the others. Its main
ingredients which is pork marinated in sweet sauce makes our product to be recognized as a Filipino
Food. Furthermore, our product contains nutrition which we can get from vegetables in it like protein,
selenium, vitamin b6 and phosphorus. We also added a half teaspoon of rice as a variety that makes
our siomai unique. Our siomai can be served as a steam or fried that accordance with your taste.
Our logo contains the name of our product which is SIOMAYA so that we can be easily recognize by
our dear customers. Moreover, it has a picture of siomai in chopsticks which represents the traditional
way of eating.
PACKAGING
Our packaging has two forms. One is by the use of styro-bowl in a rectangular shape for our
customers who are willing to eat their siomai at the moment they buy them. Another one is the paper
meal boxes for the customers who are taking out their siomai.
The production process of the product Siomai-ya Kana is done through the use of
mechanical and manual machines. The machineries and equipment have their own functions
Spoon – are also used in food preparation to measure, mix, stir and toss ingredients and
Knife – is used for cutting, chopping, dicing, slicing, mincing, peeling, separating, and
other kitchen tasks where the thin metal shaft of a blade is of value for food preparation.
Steamer – are used primarily to cook foods where moisture retention is essential to visual
Frying Pan – is a flat-bottomed pan used for frying, searing and browning foods.
Tongs – are the tool that you use to grip something and lift it.
Sources of Materials
The Siomai-ya Kana will buy the ingredients from a convenient market. Direct relationships
will also be established from carpenters who build stalls in order to create the desireddesign
of the beverage stall. The business will buy the raw materials for construction in a
construction supply shop that offers low priced but good quality materials.
With only 8 employees, The SIOMAI-YA KA NA is a small business. Since a food stand
employs fewer people and generates lower annual revenue than a typical-sized company or
corporation, it is categorized as a small business. Small businesses like this vary a great deal
in terms of size, revenues and authorizations because it may only require a business license.
The production process of the product Ice Scramble Delight is done through the use of
mechanical and manual machines. The machineries and equipment have their own functions
Blender – this is a mechanical appliance that is use to blend or mix the ingredients to
Manual Ice Crusher – this is a manual machine that it is use to crush the ice into smaller
pieces.
Ice Cooler – this equipment is responsible in storing the crushed ice or the Ice Scramble
Delight.
Scooper – this is an equipment that is used to transfer the Ice Scramble Delight from the
Wooden Spoons – this small equipment are used to pick up the add-on ingredients
(toppings).
The Ice Scramble Delight is a small enterprise because it only consists 8 people. A
beverage stall is classified as a small business for it has fewer employees and less annual
revenue than a regular sized business or corporation. Small businesses like this vary a great
deal in terms of size, revenues and authorizations because it may only require a business
license.
Personnel Requirements
General Manager
Qualifications:
18 to 25 years old.
Operations Manager
Qualifications:
18 to 25 years old.
Financial Manager
Qualifications:
18 to 25 years old.
Qualifications:
Male or female at least High School graduate.
18 to 25 years old.
Cashier
Qualifications:
18 to 25 years old.
Administrative operation
The job of the administrative operation manager ensures that all operations in the
organization will run smoothly. This also involves planning, coordinating and directing
services to effectively and efficiently perform the vision and mission of the business.
Operations Manager
final product.
Qualifications:
18 to 25 years old.
Operation Plan
This section provides a highly detailed plan that shows a clear picture of how a team,
section or department will contribute to the achievement of the organization’s goals. The plan
covers what strategies and tasks to be achieved, who are the individuals who have the
responsibility for each task, when is the timeline for which the tasks must be completed and
Evaluation of Suppliers
Quality
Cooperation
Strategy.
Company Profile
Ownership.
Global Ability.
Management
Risk Management.
Operations Management.
Customer Satisfaction.
Environment
Eco-friendly company.
Capability
Economy
Purchasing
Sourcing process.
●The optimization of the entire value chain in collaboration with our suppliers.
Evaluation Strategy
Strategic learning and evaluation gives a variety of methods and processes to provide
time-concerning, credible, and useful information that can be acted upon to increase
organizational effectiveness.
Ten (10) C's
Competency
Capacity
Commitment
Control
Cash
Cost
Consistency
Culture
Clean
Communication
Fewer defects Increased communication with customers helps the supplier understand,
what the customer needs and what does and does not work. When understanding these
facts, the processes can be improved to reduce the potential for defects.
Evaluation Methods
Provide copy of the re-seller's business licence to the supplier upon request.
Determine how suppliers ship their products.
Request a price quote from the supplier in order to compare offered prices.
The soimai rice will need certain goods or services so that it will be able to continue
performing. Those materials will be ordered from different stores either through online or in
physical stores. Whenever the staff will request for goods or services to a store or someone
who could provide the materials, they will need to have a materials requisition form. This
document will be used to record the movement of materials throughout the manufacturing
process. The requisition forms can help allocate costs and values to these materials. After
requesting for the materials, the business will then wait for its the delivery. Upon receiving
the materials, the receiver of the business must inspect the incoming goods or materials,
match the received items to the description stated on the accompanying bill of lading, as well
as the description on the related purchase order, identify each item in a delivery and ensure
that it is properly labeled with a bar coded tag that includes the item number, quantity, and
unit of measure. If everything matches correctly, the receiver will sign the invoice, and then
the delivered materials will be put in proper storage areas. Then, the paperwork will be
processed to keep with the operation’s standard operating policies and procedures.
The soimai rice will have an inventory control system in order to properly manage the
inventory that have been purchased and will be purchase. Also it will help the business to
determine how many soimai rice business can produce every day. It includes the process of
purchasing, delivering, receiving, listing, storing and reordering. The storage inventory
control system will help the business to identify what are the insufficient materials and the
amount of their materials that will be using for the next and current month.
The business will purchase their ingredients and packaging in a retailer and
wholesaler stores. The purchased products for the making of the Ice Scramble Delight will be
received, listed the amount of quantities that have been bought and stored in the production
site of the business which is at the Barangay Funda Dalipe, San Jose, Antique. The authorized
personnel will be in charge of listing the inventory of the materials every time there is an
outflow and inflow of the purchased materials. There are some ingredients that will
purchased and will be using for a given months like the toppings. While other ingredients and
packaging materials will be reorder every end of the month. Also the business will have their
supplier of Ice by ordering and reordering it each day of the operation of the business.
Production Plan
This section discusses how the products is being manufactured, where the operations
planning needs to decide where the facility will be located, how the facility will be organized,
and the materials needed for the production. A major part of operations planning is
scheduling the activities that go into the production process. And will learn about the
Production Schedule
Customer enters
Customer leaves
Production Process
produce goods and services that will meet the needs and wants of individuals. The ingredients
of the siomai such as crushed carrots, cabbage, eggs, wheat flour, soy sauce, brown sugar,
onions, garlic, pepper, salt, will also be put together inside the wrapper and will be . The
finish product will be then put into inspection and will be tested to ensure the safety and
quality of the product. The Siomai-ya Kana will be packed and put inside a small or large
sized paper plates with a toothpick and calamsi and the customer’s choice of the toppings.
SIOMAI-YA KANA
The Siomai-ya Kana uses several equipment in the production of the Siomai that will
help bring easiness to the production process of the business. The equipment that will be used
in the making of the product includes: Spoon, Knife, Steamer, Frying pan, Stove, Tongs, and
Plates. There would also be the use of Toothpicks for the customers when consuming the
The production process of the product Siomai-ya Kana is done through the use of
mechanical and manual machines. The machineries and equipment have their own functions
Spoon – are also used in food preparation to measure, mix, stir and toss ingredients and
Knife – is used for cutting, chopping, dicing, slicing, mincing, peeling, separating, and
other kitchen tasks where the thin metal shaft of a blade is of value for food preparation.
Steamer – are used primarily to cook foods where moisture retention is essential to visual
Frying Pan – is a flat-bottomed pan used for frying, searing and browning foods.
Tongs – are the tool that you use to grip something and lift it.
Sources of Materials
The Siomai-ya Kana will buy the ingredients from a convenient market. Direct relationships
will also be established from carpenters who build stalls in order to create the desired
design of the beverage stall. The business will buy the raw materials for construction
in a construction supply shop that offers low priced but good quality materials.
Description Amount
Tarpaulin P 750.00
Fliers P10.00
Carrots P100.00
Cabbage P108.00
Eggs P52.00
Wrapper P72.00
Onions P240.00
Garlic P60.00
Pepper P60.00
Salt P20.00
Calamansi P75.00
The business has a total production cost of P 1,743.25, which means that the value or
condition of a profit is determined by the sum of cost of resources that went into making it.
All the materials that are needed in the making of the product will be included in the
presentation of the cost of each raw material. The table below are the amount of the materials
that is determined through monthly basis.
Operation Plan
This section provides a highly detailed plan that shows a clear picture of how a team,
section or department will contribute to the achievement of the organization’s goals. The plan
covers what strategies and tasks to be achieved, who are the individuals who have the
responsibility for each task, when is the timeline for which the tasks must be completed and
Evaluation of Suppliers
Coordination
Quality
Cooperation
Strategy.
Company Profile
Ownership.
Global Ability.
Management
Risk Management.
Operations Management.
Customer Satisfaction.
Environment
Eco-friendly company.
Capability
Economy
Productivity and Payment Terms.
Purchasing
Sourcing process.
●The optimization of the entire value chain in collaboration with our suppliers.
Evaluation Strategy
Strategic learning and evaluation gives a variety of methods and processes to provide
time-concerning, credible, and useful information that can be acted upon to increase
organizational effectiveness.
Competency
Capacity
Commitment
Control
Cash
Cost
Consistency
Culture
Clean
Communication
Fewer defects Increased communication with customers helps the supplier understand,
what the customer needs and what does and does not work. When understanding these
facts, the processes can be improved to reduce the potential for defects.
Evaluation Methods
Provide copy of the re-seller's business licence to the supplier upon request.
Request a price quote from the supplier in order to compare offered prices.
The SIOMA-YA KA NA business will need certain goods or services so that it will be
able to continue performing. Those materials will be ordered from different stores either
through online or in physical stores. Whenever the staff will request for goods or services to a
store or someone who could provide the materials, they will need to have a materials
requisition form. This document will be used to record the movement of materials throughout
the manufacturing process. The requisition forms can help allocate costs and values to these
materials. After requesting for the materials, the business will then wait for its the delivery.
Upon receiving the materials, the receiver of the business must inspect the incoming goods or
materials, match the received items to the description stated on the accompanying bill of
lading, as well as the description on the related purchase order, identify each item in a
delivery and ensure that it is properly labeled with a bar coded tag that includes the item
number, quantity, and unit of measure. If everything matches correctly, the receiver will sign
the invoice, and then the delivered materials will be put in proper storage areas. Then, the
paperwork will be processed to keep with the operation’s standard operating policies and
procedures.
properly manage the inventory that have been purchased and will be purchase. Also it will
help the business to determine how many SIOMAI-YA KA NA the business can produce
every day. It includes the process of purchasing, delivering, receiving, listing, storing and
reordering. The storage inventory control system will help the business to identify what are
the insufficient materials and the amount of their materials that will be using for the next and
current month.
The business will purchase their ingredients and packaging in a retailer and
wholesaler stores. The purchased products for the making of the siomai will be received,
listed the amount of quantities that have been bought and stored in the production site of the
business which is at TA FORNIER street , San Jose, Antique. The authorized personnel will
be in charge of listing the inventory of the materials every time there is an outflow and inflow
of the purchased materials. There are some ingredients that will purchased and will be using
for a given months like the toppings. While other ingredients and packaging materials will be
reorder every end of the month. Also the business will have their supplier of meat by ordering
Product
Siomai rice is the best Asian food found in Asia. It has a lot of variations like pork, beef,
and shrimp siomai. Taste this and you're in a heaven of siomai because of its flavor. Taste
this yummy dish that you can never forget. Our siomai unlike the other products of the same
kind, our siomai contains unique characteristics that the other products don't have. Our
product contains nutrition's that help our customers to be ready for their daily living. Our
siomai has different choices. We have chicken and pork flavored siomai. It has protein,
vitamins that helps the body in everyday life. There are also assorted toppings like chili
garlic, etc.
Place
The product will only be available in front of the Senior High School Department at
Antique National School. The venue is easily accessible and well-known, and people of all
ages frequent there. Siomai Rice can be purchased there easily as well.
Price
For the benefit of the target market, the sellers strive to provide reasonable and budget-
friendly costs. In particular, the sellers only provide the customers only one size, a paper meal
box, which costs about 30 pesos. Additionally, there is a 3 peso fee for extra toppings like
garlic or chili.
In addition to producing high-quality goods, the business strives to please and cultivate client
loyalty by offering rates that are reasonable. The owners also believe that the product's
Promotion
The business will promote the product through quality product offerings. The business
will communicate their product through a promotion strategy that for every 10 paper meal
boxes that the buyers could collect and be able to return it to the business, they will receive
one free Siomai Rice. This marketing strategy may help people, particularly consumers,
understand the importance of protecting the environment by encouraging them not to litter.
With the help of these strategies, the business will be able to attract more customers who will
People
The target customers are the students and teachers of the school, even though the
visitors. The students of our school with the age between 13-18 yrs. Old. We will introduce
our business to our fellow students by serving them our product and giving them the
Packaging
In terms of the product's packaging our business prefers to use paper meal boxes
instead of plastic cups which is highly recommended for the benefit of a friendly
environment. Provided with a logo of our business with a name of our business "SIOMAI-
YA KANA" to engage more customers with the appearance satisfaction of the product.
Although, the business assures that the overall price of the product is affordable especially for
the students.
Positioning
Our business aims to satisfy the needs and wants of the people who will buy our
products. Our products have its special ingredients that will give our consumers the nutrition
that their body needs. It is also cheap and easily affordable by our consumers. To serve great