Dos Nachos

Proponents:
Ederadan, Jane Kane
Canto, Greg Aaron
Licera, Jehscyl Hienz
Sobrevega, Aryeen May
Gardose, Ian Stave
Cristales, Mary Akilah Felicity

1
 Table of Contents

Description of the Business .......................................................................…………… 3

Reason for the establishment......................................................................……… 3
Mission and Vision .........................….......................................................…..…… 3
Goals of the Business .................................................................................……. 3
Nature/Form of the Business.......................................................................….…. 3
Description of the product ............................................................…...….........…. 4

Marketing..................................................................................................…………..... 4
Marketing Mix Components............................................................................…. 4
Marketing Strategies ..............................................................................…....…. 8

Competition............................................................................................……………..... 9
Target Market............................................................................................…….. 9
Competitors...................................................................................................…. 9

Operational Plan..............................................................................……………..........… 10
Human Resources................................................................................….........… 10
Organizational Chart ............................................................................…........… 1 4
Supplies ...............................................................................................…......… 1 5
Physical Facilities …………………………………………………………………………..17
Technological Resource……………………………………………………………………17

Financial Data...............................................................................……………............... 17
Statement of Comprehensive Income .................................................….........….. 17
Statement of Changes in Equity .......................................................……….......… 18
Statement of Financial Position................................................................……........…
18
Statement of Cash Flow ....……………...............................................................……. 19
Financial Statements projected for three months ..........................................…….. 19

2
 DESCRIPTION OF THE BUSINESS

A. Reason for the Establishment of the Business

→Nachos are a popular Mexican dish typically made with tortilla chips topped with melted
cheese and various other ingredients. The combination of the crunchy tortilla chips and gooey
cheese, along with the flavorful toppings, creates a delectable and satisfying snack that
everyone likes. Whether enjoyed with friends or as a quick snack on the go, nachos are a
beloved and versatile dish enjoyed by people of all ages.We picked this business not only
because it is a profitable and low-cost business opportunity for those looking to start a
business, but also because market demand for nachos is increasing.The Filipino market is
becoming more health-conscious, and nachos can be made with healthy and fresh ingredients
such as vegetables, lean meats, and whole-grain tortilla chips. Establishing a nacho business in
the Philippines has the potential to be profitable and could attract a diverse range of customers.

B.Mission
→To make customers happy and satisfied by providing delectable, good-quality nachos at a
reasonable price and excellent customer service.

C. Vision
→To be one of the country’s top-selling nacho businesses, providing delectable and wallet-
friendly products.

D. Goals of the Business

 Offer a variety of wholesome and reasonably priced nachos choices
 To be able to gain customer satisfaction and loyalty
 Offer a health and fresh alternative to typical snacks that everybody enjoys.
 Ensure that the food and service meet high quality standards.
 Boost social media reach and engagement for wider audience.
 Boost profits and revenue without compromising quality or customer satisfaction.

E.Nature/Form of the Business

→Dos Nachos is a manufacturing business that gains profit by making nachos every
weekday. It aims to provide excellent service and customer satisfaction by serving nachos in
classic and spicy flavors. Ensuring affordable and high-quality products are supplied to every
client. The company would be organized as a general partnership. It is an agreement in which
six (6) persons agree to share all assets, earnings, and monetary and legal liabilities in the food
business. A general partnership allows each partner to participate in corporate management.
Such partnerships have unlimited liability, which means that their personal assets are liable for
the partnership's debts. In reality, any partner can sue the partnership for the whole amount
owed. This type of company is perfect for providing services to people in a public area.

3
F. Description of the Product
→Nachos are a mouthwatering dish that starts with a base of crispy, triangular corn tortilla
chips. These chips are generously smothered with a layer of gooey melted cheese, creating a
satisfying combination of textures. Beyond the cheese, nachos can be adorned with a medley of
toppings, including diced tomatoes, sliced jalapeños for a spicy kick, cool sour cream, creamy
guacamole, and tangy salsa. Whether enjoyed as a casual snack or a hearty appetizer, nachos
are known for their irresistible blend of flavors and textures that make them a favorite at
parties, sports events, and restaurants.

MARKETING

A. Marketing Mix Components

I.Product

Product Image Description Ingredients

Name

Classic Classic flavored nachos  Tortilla Chips

Nachos typically consist of  Ground beef
crispy tortilla chips that  Vegetables
are topped with melted  Cheddar cheese
cheese, seasoned  Seasonings
ground beef or  Ketchup and
shredded chicken, Mayonnaise(for the
beans, diced tomatoes, sauce)
sliced jalapenos, and
black olives. Other
toppings may include
diced onions, chopped
cilantro, sour cream,
and guacamole.
Spicy nachos Spicy flavored nachos  Tortilla Chips
are a variation of  Ground beef
classic nachos consist  Vegetables(topped
of crispy tortilla chips with sliced jalapeños)
that are topped with a  Cheddar cheese
blend of spicy  Seasonings(especiall
ingredients. The y cayenne pepper/
toppings can vary, but chili powder/red
common ingredients pepper) flakes
include melted cheese,  Ketchup and
diced jalapenos, hot Mayonnaise(for the
sauce or salsa, sauce)
seasoned ground beef
and spicy black beans.

4
Packaging
- food Styrofoam containers and plastic sauce container with lid for the sauce, and sticker

Labelling
-logo and contact information on the sticker

II.Pricing Strategy
→Dos Nachos will be selling its product every weekdays with the same price
on each flavors. The business sets its price based on the value pricing
method and, based on prices, adds cost and profit margin.

Product Cost Estimation:

a.Unit Variable Cost

Direct Materials-used in producing a Nachos includes Tortilla Chips, Ketchup and

Mayonnaise, Ground Beef , Vegetables(tomatoes, onions,garlic,jalapenos and
cucumber),seasonings and cheddar cheese.

Cost of Goods/ Quantity Cost Monthly Cost

Ingredients of (20 days)
Nachos

Tortilla Chips 1kg Php 135 Php 2,700

Ketchup 2kg(for half a Php 12.6 (126/10) Php P252
month)
Mayonnaise 220ml Php 85 Php 1,720
Ground beef Ikg Php 250 Php 5,000
Vegetables 1kg Php 250 Php 5,000
Cheddar cheese 350g Php110 Php 2,200
Seasonings 50g(per pack) Php 25 Php 500
Total 17,372

Total Cost of Ingredients( for 20 days)

(Number of Box/day) x (no.of days/month)

17,372 17,372
= = = 32.17
(27) X (20) 540

Direct Labor - 0

Direct Overhead- the amount spent in the manufacturing overhead (energy , water, and
other utility costs) per box of nachos produced.

5
Operating Expense
Expense Quantity Cost Mothly

Supplies Expense   Sticky Paper Php 40.00 Php 40.00

 Php50 Php 1000
  food
Styrofoam Php35 Php 700
containers =P1740
 plastic sauce =P125
container with lid
Miscellaneous Dishwashing Paste Php 40 Php 40
Expense

Total Expense P250 P1,780

Total operating expense (20 days)

No. Of boxes (27 boxes;20 days)

1,780
= = 3.30
540

Unit Variable Cost Total- 32.17 (direct material)

+ 0 (direct labor)
+ 3.30 (direct overhead)
35.47

b.Fixed cost
-unit share of the expenses for salaries, rental, promotions, and other similar expenses

Promotion Expense
Tarpaulin Php 500
Flyers Php 500
Total Php 1000

Total expense(promotion)
No. Of boxes (27 boxes;20 days)

1000
= = 1.85
540

Product Cost Estimation:

35.47
+ 1.85
37.32

Mark-up Cost
1,032.6 x 60% mark up = 619.56
1,032.6 + 619.56= P1652.16

6
P1652.16/27 = P60
Selling Price
Product Cost of Raw Production Marketing Profit
Name Materials Cost Profit

Classic 40 60 20 120
Flavored
Nachos
Spicy Flavored 40 60 20 120
Nachos

III.Place
→The company's location will be in the Jaro area, more specifically, near Jaro Plaza, a place
close to schools, parks, and malls. The proponents have also observed that many people now
visit parks and outside malls to buy street food. Therefore, this will be the best location for the
business to operate and a location with a large population nearby. The company will work hard
to advertise and promote DOS NACHOS.

Exclusive Distribution
→Products are distributed exclusively to a selected number of dealers, usually us, the owners of
Dos Nachos.

IV.Promotional Strategy

→Dos Nachos will develop and consider promotional strategies that will help us connect with
and reach our target audience and help us determine how our business will develop over time.
Listed below are some of our plans of action and time schedule:

Action Plan Time Schedule

The making of Facebook Page to spread This is done before the business operates and
awareness of our product including the until the end of the operation.
company profile, Customer’s reviews and other
information about the business.
The distribution of flyers to any areas within This will be done during the beginning of the
the city and every member’s local community operation of the business.
that contains details about our product,
contacts etc.
Through referral method. With this, our This is done whenever the customer wants.
customers have the freedom to share their
experiences, reviews, and thoughts of our
products to others.
Posting tarpaulin in our food stand that This is done at the beginning of the business
contains the detail about our product as well operation until the end of the operation.
to easily engage the people within the
community where our business operates.

7
 Partnering with other businesses. With this, During the starting of the operation of the
we will be able to promote our business to the business until the business operation ends.
customer of another business and we will also
promote their business to our customers.

B. Strategies to use in developing customer relationships

 We will provide excellent customer service- Provide outstanding customer service by
actively listening to client problems, immediately addressing issues, and going above and
beyond to satisfy their requirements.

 Understand our customers-To build a relationship with our customers, we will have to
get to know them. Understanding what they like and what motivates them is crucial to
meeting their needs.

 Having a Long-Term Perspective-Rather of focusing on short-term gains, we will

prioritize the development of long-term connections. Customer retention frequently leads to
increased profitability.

 Surprise and delight-To show thanks, occasionally surprise clients or customers with
unexpected bonuses, discounts, or personalized presents.

 Gather and Lister to their Feedback-Actively seek customer feedback to understand

their needs and concerns better. Use surveys, feedback forms, or online reviews to gather
insights.

 Reward customer loyalty-People love rewards, and they also love feeling like their
purchases are going toward a larger goal. Rewarding loyal customers breeds good will and
increased loyalty. A well-conceived rewards program can also convert more casual
shoppers into long-term fans.

8
 COMPETITION

A. Target Market
The business targets every one of all ages, from children to adults, and even people of all
genders who are looking for low-cost food and a casual snack or a hearty appetizer. Nachos are
known for their irresistible blend of flavors and textures that make them a favorite at parties,
sports events, and restaurants.

B. Competitors
Every business involves some level of competition. Dos Nachos is more than just nachos in
the Philippines; many small and large businesses sell or own this type of product as well.

The proposed business has a number of large rivals that can provide similar products,
namely, Buenos Nachos, Nacho Tacorama, and Nacho King. The strength of the said
competitors is that they have already established a name for themselves; they are one of the
most popular nachos and chips vendors here in the Philippines, bringing tasteful flavors (classic
and spicy) that are easily accessible at malls, online delivery apps, and even on certain major
websites. They can be considered threats because of their long record of operating the
business.

Major Competitors:

Buenos nachos-Mark Louie Ramos, the man behind Buenos Nachos, first started
selling these nachos in bazaars where shoppers would actually return to their stall to get a
second serving! Because it’s a family recipe, you can be sure that it doesn’t at all taste like the
usual food cart nachos. The cheese that they use is real organic cheese! It’s not just some
weird cheese-flavored concoction made out of powder. Buenos Nachos offers Filipino-style
nachos, and let me tell you that they’ve got the sweet and salty taste that we Pinoys love.

Nacho Tacorama-Nachos and Tacos are both popular Mexican snacks. These snacks
became widespread and enjoyed by lots of people. That’s why this motivates Fabsuffrage Inc.
to include these products on their concept, whose trade name is Nacho Tacorama. Nacho
Tacorama is serving a delicious selection of flavors for nachos and tacos, which are Cheesy
Beef Nachos, Mexican Load Nachos, Veggie Reloaded Nachos, and Tacos: Crunchy and Soft
Beef Tacos with grated cheese.

Nacho King-provides the yummiest nacho cart catering in the country! Since 1995, we
have been serving mouthwatering fresh and hot nachos. Our number one goal is to
provide our customers with top-notch service and the best staff, along with an enjoyable
serving of nachos. Our hot, delicious nachos are made with rich, creamy melted cheese
sauce—just like at the movies! You can even add jalapenos, ground juicy beef, salsa, and chili
beef.

→Aside from its main competitors, it also faces competition from businesses that can produce
low-cost products and are well-known, despite the fact that they are not similar, such as Filipino
street food such as isaws, fish balls, calamares, siomai, and banana cues, which are truly iconic
and have a distinct flavor that is not easy to find in other countries.

9
 OPERATIONAL PLAN

A. Human Resources

Setting Evaluate Conduct a Develop and Food

goals and employee gap train existing safety
objectives employees
skill sets analysis Training

Budgeting Customer Assess talent Continue

Service strategy developing
Training employees

→ Job Analysis

1. General Manager
Job Description
General Manager is an executive who has overall responsibility for all
administrative functions in a business. A general manager set policies and
operations, and creates and maintains budgets. They coordinate employees
and supervise lower-level managers.

Required Skills and Qualifications

He/she should have:
 Keen strategic thinking and planning
 Understanding of budget management and financial monitoring
 Excellent leadership skills, including goal setting, motivating, training and
mentor ship
 Exceptional interpersonal and communication skills, including writing,
speaking and active listening
 Effective conflict resolution and problem-solving skills
 Good organization and time management
 Comfortable in a fast-paced or high-pressure environment
 In-depth knowledge of their industry

Functions/ Duties
 Ensures exceptional customer service, through personal contact with
customers, associate training, resolution of customer complaints, and
delivery of services.
 Collaborate with Support Staff on a regular basis (Operations, Human
Resources, Marketing, Facilities, Legal, etc.)
 Manages all staff at center: recruits, hires, motivates, trains, promotes,
counsels, and terminates when necessary
 Oversees the scheduling of staff for work assignments, allowing staff to
provide outstanding service while managing to a set budget.
 Works with Human Resources to ensure center compliance with federal
and local labor laws: OSHA, EEOC, ADA, Fair Labor Practices.

10
  Ensures safety of all employees by conducting safety training, enforcing
of safe-handling rules, and complying with all safety related policies.
 Prepares and delivers annual performance reviews to team members on a
timely basis.
 Resolve any and all customer and staff complaints.
 Attends community events and partners with local businesses to promote
services.
 Maintains appropriate inventory of supplies; reorders and restocks as
necessary.
 Utilizes financial reports and statistics.

2. Production Manager
Job Description
A Production Manager, or Production Lead, ensures that manufacturing
equipment and tools function properly and increase an organization’s efficiencies.
Their duties include building production schedules, making sure production
processes stay within budgets and deadlines and reviewing the productivity of an
organization’s manufacturing equipment.

Required Skills and Qualifications

He/she should have:
 Excellent written and verbal communication skills
 Strong project management skills
 Proven record in training employees about safety and
production
 Strong working knowledge of Environmental Protection
Agency (EPA) and the Occupational Safety and Health
Administration (OSHA) regulations
 Ability to coach and motivate employees

Functions/ Duties
Production Managers perform tasks such as taking inventory,
making supply orders, handling disputes among team members
and regularly assessing safety standards in all areas. Some of
their other most common duties include:

 Motivating, supporting and providing guidance to

production staff
 Ensuring all safety and health standards are met to keep
an organization accident-free
 Communicating regularly with upper management
regarding problems or issues impacting production
 Evaluating machine resources to ensure continued
production and minimal downtime
 Establishing a balance between increased productivity and
reduced costs of manufacturing operations

11
  Setting productivity goals for each manufacturing team
 Developing workflow policies and procedures that improve
efficiency without compromising safety or quality
 Ensuring adequate scheduling of staff

3. Marketing Manager
Job Description
- Marketing managers are responsible for developing, implementing and
executing strategic marketing plans for an entire organization (or lines of
business and brands within an organization) in order to attract potential
customers and retain existing ones.

Required Skills and Qualifications

He/she should have:
 Knowledge of marketing-related business practices, including advertising,
market research, technology and budgeting
 Proficient with marketing-related software programs
 A history of planning successful product launches and events
 Effective communication skills and adaptable communication style for
interacting with team members, upper management and clients
 Time management and organization skills for planning and executing
both large and small marketing projects and initiatives
 Leadership skills to motivate team members and manage conflicts
 Analytical and problem-solving skills for coming up with ideas to increase
demand for products and services

Functions/ Duties
Marketing Managers take the lead in their company’s marketing and
advertising divisions, overseeing the success of various marketing
initiatives. Some duties are:
 Developing marketing strategies for advertising new products
 Organizing promotional events and coordinating day-of deliveries
and staffing
 Leading and training teams of Marketing Associates
 Reviewing current marketing campaigns for weaknesses and
developing solutions within budget constraints
 Analyzing website click-to-purchase conversion rates and the
effectiveness of promotions to determine what drives sales
 Identifying potential new markets and creating a plan to enter
those markets
 Partnering with product development and buying teams to
estimate product demand
 Brainstorming fresh advertising ideas with senior management

4. Cashier
Job Description

12
A Cashier, or Retail Cashier, is responsible for processing cash, debit, credit and
check transactions using a cash register or other point-of-sale system in a retail
environment. Their duties include interacting with customers, balancing the cash
register, determining change, recording purchases, processing returns and
scanning items for sale.

Required Skills and Qualifications

 Ability to calculate sales and change quickly
 Accountability and accuracy in reconciling sales receipts and records
 Service-oriented and willing to help patrons
 Customer service skills to maintain positive customer relationships,
encourage customer loyalty and resolve conflicts
 Excellent communication to interact with team members and customers
 Ability to work in a fast-paced and stressful environment
 Attention to detail to maintain accurate inventory and transaction records
 Knowledge of point-of-sale systems

Functions/ Duties
 Processing sales transactions and taking payment
 Calculating the cost of products or services
 Calculating and returning change for cash transactions
 Maintaining adequate change denominations and requesting additional
change
 Answering customer questions about products or services and providing
recommendations based on customer need
 Cross-selling and upselling product
 Reconciling cash drawers and sales receipts
 Reporting issues with equipment
 Working with the team to meet store sales goals
 Responding to and resolving customer complaints and concerns
 Processing layaways, returns and exchanges
 Maintaining clean and tidy checkout and merchandise areas
 Assisting in stocking and rotating merchandise
 Scanning and bagging items accurately and efficiently
 Staying up to date on merchandise promotions, advertisements and
product information

5. Cook
Job Description
- Is responsible for preparing ingredients at an establishment that serves
food, processing customer orders, producing meals and cleaning them
workspace throughout the day to follow health and safety guidelines
Required Skills and Qualifications
- A cook must have skills like these:
 High school diploma; at least 6 months of experience directly related
 to the duties and responsibilities specified
 Ability to safely use cleaning equipment and supplies.

13
  Knowledge of food preparation and presentation methods, techniques
 and quality standards
 Organizing and coordinating skills
 Skill in cooking and preparing a variety of foods

Functions/duties:
 Handle and store ingredients and food
 Check the quality and freshness of ingredients
 Maintain a clean and safe work area, including handling utensils,
 equipment and dishes.
 Follow recipes, including measuring, weighing and mixing ingredients
 Receives food ingredients and supplies from main kitchen and pantry
 as required for daily operations.
 Performs miscellaneous job-related duties as assigned.
 Reviews production schedule to determine food requirements
 including variety and quantity of food for preparation and to
 assemble supplies and equipment needed for daily cooking activities

B. Organizational Chart

14
 The figure above illustrated the organizational chart with vertical structure where the
proponents are the employees and a cook. The general manager will be in charge of the
day-to-day operations of the business. Under the general manager are the Cashier,
Production, and Marketing Manager. The cashier is responsible for handling the
business’ finances, the production manager is in charge of developing and designing
the product, the marketing manager is tasked with supervising the strategic marketing
plans. Under the production manager is the cook who is responsible on preparing
ingredients, producing and delivering the products. We choose a vertical structure in an
organization when beginning our business because it allows for a clear definition of roles and
responsibilities, efficient communication, and effective decision-making processes. This
structure promotes a sense of order and discipline, which can be critical for certain types of
businesses or industries, which are essential for establishing a strong foundation and achieving
success in the early stages of the business.

C. Supplies

Cost of Goods / Quantity Cost Monthly Cost

Ingredients of
Nachos

Tortilla Chips 1kg Php 135 Php 2,700

Ketchup 2kg(for half a Php 12.6 (126/10) Php P252
month)
Mayonnaise 220ml Php 85 Php 1,720
Ground beef Ikg Php 250 Php 5,000
Vegetables 1kg Php 250 Php 5,000
Cheddar cheese 350g Php110 Php 2,200
Seasonings 50g(per pack) Php 25 Php 500
Php 867.6 Php 17,372

Total Cost of Goods Sold =P867.6/ day

= Php17,372/monthly

Utensils Quantity

Large Mixing Bowl 2

Wooden Spatula 1
Knife 1
Strainer 1
Measuring Cups and spoons 1(set each)
Cutting board 1

Equipment Quantity
Stainless Steel Pan 1

15
 Operating Expense

Expense Quantity Cost Mothly

Supplies Expense   Sticky Paper Php 40.00 Php 40.00

 Php50 Php 1000
  food
Styrofoam Php35 Php 700
containers =P1740
 plastic sauce =P125
container with lid
Miscellaneous Dishwashing Paste Php 40 Php 40
Expense

Total Expense P250 P1,780

MONTHLY COST
Cost of Good Sold 867.6 17,372
Supplies P125 P1740
Miscellaneous Php 40 Php 40
Total Php 1,032.6 Php 19,152

Mark-up Cost
1,032.6 x 60% mark up = 619.56
1,032.6 + 619.56= P1652.16
P1652.16/27 = P60

Selling Price
Product Cost of Raw Production Marketing Profit
Name Materials Cost Profit

Classic 40 60 20 120
Flavored
Nachos
Spicy Flavored 40 60 20 120
Nachos

16
Sales/ Revenue

Product Price Quantity/day Cost/ days Monthly Cost

Classic Php 60 15 boxes Php 900 Php 18,000

Flavored
Nachos
Spicy Flavored Php 60 12 boxes Php 900 Php 18,200
Nachos
Php 1,410 Php 36,000

D.Physical Facilities

- Kitchen – Cooking Tools and Equipment

- Refrigeration
- Storage
- Cleaning Facilities

E.Technological Resources

 Online Recipes and Video Tutorials

 Social Media Communities
-use social media for advertising, promotional giveaways and mobile applications. Social media
help also to: attract customers, get customer feedback and build customer loyalty.

FINANCIAL DATA

A. Statement of Comprehensive Income

Dos Nachos
Statement of Comprehensive Income
For the Month of January,2024
Revenue
Sales Php36,000
Total Revenue Php 36,000
Less: Cost of Goods Sold Php 17,372
Gross Profit Php 18,628
Less: Expenses
Supplies Expense Php1,740
Miscellaneous Expense Php 40.00

17
Total Expenses Php1,780
Net Income Php16,848
Profit Margin 0.47 or 47%

B. Statement of Changes in Equity

Dos Nachos
Statement of Changes in Owner’s Equity
For the Month of Jan. 2024
March
Grupo Dos, Capital Beginning Php3,000.00
Add: Net Income Php 16,848
Total Php19,848.00
Less: Withdrawal 0
Grupo Dos, Capital Ending Php19,848.00

C. Statement of Financial Position

Dos Nachos
Statement of Financial Position
January 31, 2023
Assets
Current Assets
Cash Php19,848.00
Accounts Receivable 0
Total Current Assets Php19,848.00
Non-Current Assets
Cooking Tools, M & E 0
Less: Accumulated Depreciation 0 0
Cooking Tools, M & E
Total Assets Php19,848.00

Liabilities & Owner’s Equity

Current Liabilities
Accounts Payable 0
Non-Current Liabilities 0
Total Liabilities 0
Owner’s Equity
Grupo Dos, Capital Php19,848.00
Total Liabilities & Owner’s Equity Php19,848.00

18
D. Statement of Cash Flows

Dos Nachos
Statement of Cash Flow
For the Month of January, 2024
January
Cash flows from Operating Activities
Cash Receipts from Customers Php36,000
Cash Payments of Expenses (Php19,152)
Net Cash Inflows from Operating Activities Php16,848.00

Cash Flows from Investing Activities 0

Cash purchase of Equipment 0

Net Cash Outflow from Investing Activities 0

Cash Flows from Financing Activities

Cash Investments of Owners Php 3,000.00
Cash Withdrawal 0
Net Cash Inflows from Financing Activities Php 3,000.00

Net Cash Inflows Php19,848.00

Add: Cash Balance, Beginning 0
Cash Balance, End Php19,848.00

FINANCIAL STATEMENTS PROJECTED FOR THREE MONTHS

A. Statement of Comprehensive Income
Dos Nachos
Statement of Comprehensive Income
For the Months of February, March & April 2024
Revenue February March April
Sales P37,800.00 P40,446.00 P44,490.60
Total Revenue P37,800.00 P40,446.00 P44,490.60
Less: Cost of Goods Sold 18,240.60 19,517.44 21,469.18
Gross Profit P19,559.40 P20,928.56 P23,021.42
Less: Expenses
Supplies Expense 1827.00 1,954.89 2,150.38
Miscellaneous Expense 42.00 44.94 49.44

19
Total Expenses P1,869.00 P1,999.83 P2,199.81
Net Income P17,690.40 P18,928.73 P20,821.60

B. Statement of Changes in Equity

Dos Nachos
Statement of Changes in Owner’s Equity
For the Months of February, March & April 2024
February March April
Grupo Dos, Capital Beginning P3,150.00 P3,370.50 P3,707.55
Add: Net Income P17,690.40 P18,928.70 P20,821.57
Total P20,840.40 P22,299.20 P24,529.15
Less: Withdrawal 0
Grupo Dos, Capital Ending P20,840.40 P22,299.20 P24,529.15

C. Statement of Financial Position

Dos Nachos
Statement of Financial Position
January 31,2024
Feb. 28 March 41 April 30
Assets
Current Assets
Cash P20,840.40 P22,299.20 P24,529.15
Accounts Receivable 0 0 0
Total Current Assets P20,840.40 P22,299.20 P24,529.15
Non-Current Assets
Cooking Tools, M & E 0 0 0
Less: Accumulated Depreciation 0 0 0
Cooking Tools, M & E 0 0 0
Total Assets P20,840.40 P22,299.20 P24,529.15

Liabilities & Owner’s Equity

Current Liabilities
Accounts Payable 0 0 0
Non-Current Liabilities 0 0 0
Total Liabilities 0 0 0
Owner’s Equity
Grupo Dos, Capital P20,840.40 P22,299.20 P24,529.15
Total Liabilities & Owner’s Equity P20,840.40 P22,299.20 P24,529.15

20
D. Statement of Cash Flows
Dos Nachos
Statement of Cash Flow
For the Months of February, March & April 2024
February March April
Cash flows from Operating Activities
Cash Receipts from Customers P37,800.00 P40,446.00 P44,490.60
Cash Payments of Expenses (20,109.60) (21,517.27) (23,668.99)
Net Cash Inflows from Operating Activities P17,690.40 P18,928.73 P20,821.60

Cash Flows from Investing Activities 0 0 0

Cash purchase of Equipment 0 0 0
Net Cash Outflow from Investing Activities 0 0 0

Cash Flows from Financing Activities

Cash Investments of Owners P3,150.00 P3,370.50 P3,707.55
Cash Withdrawal 0 0 0
Net Cash Inflows from Financing Activities P3,150.00 P3,370.50 P3,707.55

Net Cash Inflows P20,840.40 P22,299.20 P24,529.15

Add: Cash Balance, Beginning 0 0 0
Cash Balance, End P20,840.40 P22,299.20 P24,529.15

21