Angela 2

BUSINESS REPORT

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EXECUTIVE SUMMARY

The main purpose of this business is to provide different kinds of street foods and lemonade drink to the people in community. The Street Fighter is locally owned by group 1 that will be positioned as one of the stall that selling different kind’s street foods and lemonade drink. The Street Fighter will provide a combination of excellent street foods and lemonade at very affordable prices, with fun and creative serving styles.

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PURPOSE AND RATIONALE

The people in the community are sometimes complaining that some street foods and drinks are very expensive, that other people can’t afford to buy and doesn’t taste good. They want street foods and drink that have a unique flavour, refreshing, taste really good and have a mouthwatering sauces, that can satisfied their cravings. They want a simple street foods and drink that cost less and have a unique flavour, only the Street Fighters can provide all the street foods and drink that the people want. So, the purpose of this project is to serve the people a unique flavour and have a mouthwatering sauce of street foods and refreshing lemonade drink.

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CONTEXT WHICH INCLUDES THE VISION – MISSION STATEMENT, STRATEGIES, ORGANIZATIONAL STRUCTURE AND STAFFING.

Vision Statement We envision a community where everyone has access in good quality, affordable, refreshing and have a unique flavour of street foods and drinks, understands the consequences of hunger and it is committed in creating that can satisfied the craving of the people in the community. Mission Statement The Street Fighter’s mission is to assess the nutritional value in street foods. To gain profits. To sell various kinds of street foods and lemonade that are delicious, refreshing and with mouthwatering sauces. To serve affordable street foods and lemonade in high quality. To keep the customers happy with our products. To create innovative, unique and entertaining menu and serving style. Strategies  Emphasize our name and unique serving style by putting our Logo in every products we sold.  Building community relationships through unique and fun service.  We build relationship of trust and satisfaction with our customers.  Practice proper sanitation.

Organizational Structure and Staffing

GROUP 1 (Street Fighters)

ANGEL GRACE MARCELINO Manager

GIRLIE P. CHIEFE Assistant Manager

ADRIAN C. EMAS Budget Officer e t

CLEOFE ACEPCION Cashier

MA. LESLIE BALLARAN Cook

S t r e e t

S t r e e t

F i CRYSGALEgF. AGUILAR Food h Service t e r ’ s

F i REYNAN gERRABO h Entertainer t e r ’ s

O

O r

F i g h t e RITZKHYLE r P. BANARES Food Service ’ Ss t rO er eg ta n Fi iz g aSUMADIA JOHN LOID Entertainer ht ti eo rn ’ s O r

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ACTUAL PERFORMANCE VERSUS PLANS/TARGETS WITH THE CORRESPONDING REMARKS OF WHY IT HAPPENED ACTUAL PERFORMANCE

1800 1600 1400 1200 1000 800 600 400

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200

O n0

1ST DAY

2ND DAY

3RD DAY

t Series 1 Series 2 Series 3 h e - On the first day of our activity we had a total of ₱1,350.00 for our capital and the total of our expenses is ₱ 1,306.00 after we subtract the total of our expenses to the total of our capital, we had the remaining balance with the total of ₱44.00. We had a great performance during our first day because a lot of people, especially students bought our products so we earned money with the total of ₱1,450.00. Then we add the total of our income and the total of our remaining balance so the overall total of our income is ₱1,494.00 which we used as our capital for the second day. -

On the second day of our activity we had a total of ₱ 1,494.00 for our capital and the total of our expenses is ₱822.00 after we subtract the total of our expenses to the total of our capital, we had the remaining balance with the total of ₱ 672.00. On our second day we didn’t earned a lot of profit because only few students and Rev.Fr. Ryan Barrios our school director bought our products, because some students have their own food and doesn’t have time to buy because they are busy enjoying our Students and Teachers night so we only earned ₱ 650.00. Then we add the total of our income and the total of our remaining balance so the overall total of our income is ₱1,322.00 which we used as our capital for the third day.

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On the third day of our activity we had a total of ₱ 1,322 for our capital and the total of our expenses is zero because we didn’t bought anything because we still have products to sell. In the third day only few people bought our products so we only earned ₱ 341.00. Then we add the total of our income and the total of our capital so the overall total of our income for the entire 3 days is ₱ 1,663.00.

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ISSUES AND CONCERNS THAT WERE ADDRESS January 31, 2019- In the first day of our activity we’ve expected that things will go through the way we planned before the day of the activity but we found out that we have a forgot a lot of equipment to use in cooking our products and we are lack of preparations because we have another activity to prepare in that particular day but still our products were sold out. February 2, 2019 – We were completely prepared, the utensils, equipment’s and our products were all set. Even though the celebrations of the Student and Teacher’s night were still selling our products but despite that we didn’t reach our target earnings. February 3, 2019 – We were completely prepared and our products were sold out.

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FINANCIAL STATEMENTS WITH IT CORRESPONDING SUMMARIES AND ITS INTERPRETATIONS

STREET FRIGHTERS Financial Statement January 31-February 2-3, 2019 CAPITAL (Day 1):

₱ 1,350.00

EXPENSES PRODUCTS TO SELL:  Egg Waffle - Eggs - Pepper - Yeast - Flour - Food colouring - Vinegar  Siomai - Calamansi - Fried Garlic - Soy Sauce 

Chilli Bomb - Chilli - Lumpia - Cheese

₱ 185.00 ₱ 10.00 ₱ 10.00 ₱ 30.00 ₱ 5.00 ₱ 10.00 ₱ 130.00 ₱ 10.00 ₱ 5.00 ₱ 10.00 ₱ 20.00 ₱ 20.00 ₱ 38.00 ₱ 40.00

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Corned Beef

Cheese Stick - Lumpia Wrapper - Cheese French Fries - Cheese Powder - Mayonnaise - UFC Ketchup - Cooking Oil Lemonade - Ice UTENSILS - Cups - Hotdog Trays - Toothpick - Butane

₱ 20.00 ₱ 38.00 ₱ 210.00 ₱28.00 ₱20.00 ₱18.00 ₱ 80.00 ₱165.00 ₱20.00 ₱ 25.00 ₱ 40.00 ₱ 19. 00 ₱ 100.00

Total:

₱ 1,306.00

Remaining Balance: Income:

₱ 44.00 ₱ 1,450.00

CAPITAL (Day 2)

₱ 1,494.00

EXPENSES PRODUCTS TO SELL:  Egg Waffle - Eggs - Pepper - Flour  Siomai - Fried Garlic 

Chilli Bomb - Chilli - Lumpia - Cheese - Corned Beef 

Cheese Stick

₱ 180.00 ₱ 10.00 ₱ 15.00 ₱ 150.00 ₱ 5.00 ₱ 30.00 ₱ 20.00 ₱ 38.00 ₱ 38.00

- Lumpia Wrapper - Cheese  French Fries - Mayonnaise - UFC Ketchup - Cooking Oil 

UTENSILS - Butane

₱ 20.00 ₱ 38.00 ₱ 100.00 ₱ 20.00 ₱ 18.00 ₱ 60.00 ₱ 100.00

Total:

₱ 822.00

Remaining Balance: Income:

₱ 672.00 ₱ 650.00

CAPITAL (Day 3)

₱ 1,322.00

Expenses:

₱ 0.00

Total:

₱ 0.00

Remaining Balance: Income:

₱ 1,322.00 ₱ 341.00

TOTAL INCOME:

₱ 1,663.00

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CONCLUSIONS AND RECOMMENDATIONS Conclusions: Street food is ready-to-eat food or drink sold by a vendor, in a street or other public place, as at a market or fair. It is often sold from a portable food booth, food cart, or food truck and meant for immediate consumption. Some street foods are regional, but many have spread beyond their region of origin. Most street foods are classed as both finger food and fast food, and are cheaper on average than restaurant meals. According to a 2007 study from the Food and Agriculture Organization, 2.5 billion people eat street food every day. After selling of street foods the Street Fighter’s conclude that street food proves to show the good that it can pose for people. Since the people today are being practical and try to save money. Street food therefore allows consumptions even in small amount, in order to somehow quench hunger and it is also practical to purchase because of its affordable price. According to our customers the street foods that were selling is flavourful and tasty and the lemonade is very refreshing. A street food doesn’t consume a lot of time to cook and it is also easy to prepare. They also get impress with our creative serving style. Today, people may purchase street food for a number of reasons, such as convenience, to get flavourful food for a reasonable price in a sociable setting, to try ethnic cuisines. We also learned that if we a have a business, we should always kept all the receipt of our expenses and list down the total of our income every day. In order to have a successful business and to help us always monitor our business to avoid failures.

Recommendations: Since selling street foods can be an example of a good business because a lot of people were buying it because of its affordable price and unique taste. It’s also consider as one of ethnic cuisines, we recommend that our Government should build a building where all of the street vendors in the province of Dumarao can sell their street foods not only because it is popular kind of snack that can quench hunger but it also a way to preserves our Filipino Culture. Instead of buying expensive foods to experience unique taste of food they can buy street foods. We also recommend that all the entrepreneurs should always participate in the programs of training that can help them in their budgeting and managing skills.

Then consolidate your data for the entire 3 days exhibit. 1. Did the business earn? -Yes 2. What business transaction did the bulk of expenses go to? - The bulk of expenses go to the payments for buying ingredients for our products and some utensils that we use in selling. 3. What were your experiences in writing down the income and expenses of the business for 3 days? - We experience a lot of stress in writing down our income and expenses for the entire 3 days of our activity because we loosed some of our receipt and we also forgot to list down our income. We had a hard time in remembering but at the same time we enjoyed and learned that if you want to become a successful entrepreneur and to know if your business is earning, you should always list down and count the money you spent and the money you earned in that way you can monitor your business to avoid failures. We learned a lot from this activity, we learned on how to entertain or encourage customers to buy our products, on how to manage a business and many more. So if we given a chance to sell again we will not do the same mistake we make in our first experience.

Date:

Description of Business Transactions

Day 1

Payments for buying ingredients for our products and some utensils we use for selling. Collection of money from our customers for the products they brought from us and from the remaining balance of our capital. Payments for buying ingredients for our products and some utensils we use for selling. Collection of money from our customers for the products they brought from us and from the remaining balance of our capital. We didn’t buy anything in the 3rd day, that’s why we don’t have any expenses. Collection of money from our customers for the products they brought from us and from the remaining balance of our capital.

Day 2

Day 3

Income (Money in)

Income (Money out)

₱1,494.00

₱1,306.00

₱1,322.00

₱822.00

₱1,663.00

₱0.00

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Documentation Materials

Products:

Preparation:

Processing:

Day 1-3: