A Business Plan On Establishment of Jeja la Vora, Banàny Lotion in 39 Franville Lll Zabarte Brgy. Kaligayahan Novaliches Quezon City

Vol.4, No.1

Abstract

Banàny Lotion is an insect-repellent and skin-whitening lotion that promotes the use of
banana peels as the principal ingredient in making natural skincare lotion that has wonderful
benefits on the skin. It is a natural antioxidant and contains a high amount of certain vitamins,
including Vitamin A and B-6, that help the body retain the shine of one’s skin. Banàny lotion
has essential oils that are scientifically proven to repel insects, and the banana peel itself
contains tannin, which is present in insecticides, instead of using Papaya, Calamansi, and
Dalandan for lotion.

The results of the study show the possibility of the company operating in the community. The
business is classified as a general partnership to form a business where two or more people
agree to share in all assets and profits to run the business. The company will have social
media promotion and free testing because since Banana Lotion is new to the market, free
testing must be an effective way to prove its wonderful benefits to the skin. The Management
Plan for our Banàny Lotion business should focus on developing a quality product, targeting
the right market, and creating an efficient and effective business operation. The uniqueness of
Banàny Lotion is that it is a natural, eco-friendly alternative to many traditional skincare
products.

The researchers use market segmentation to know where the right place to locate the
business to be patronized and to recognize who the potential customers of the business are.
The prospect was segmented on the basis of demographic variables in terms of age (12 and
above), gender (All Genders), and occupation (Professionals, housewives, students, skilled
workers, and others). Besides, the researchers suggest that we offer other products
connected to our business offerings. Like soap and oil made with the banana peel.