A BUSINESS PLAN ON THE ESTABLISHMENT OF ÖLABITE IN SAN ANTONIO, CAMARIN, CALOOCAN CITY
Keywords:
strategic marketing, strategic objectives, efficient operationsAbstract
The primary objective of this business plan is to establish ÖlaBite as a thriving food enterprise, with a strong focus on providing delectable culinary experiences to its customers. ÖlaBite intends to establish itself in the market through innovative menu creation, efficient operations, and strategic marketing, primarily through online and social media marketing. The business anticipate a 68.14% return on investment in the second month of operation, based on the estimated costs and sales of the ÖlaBite. To achieve a target sale for second month, the marketing will consider online promotion, offering special promotion or discounts and providing excellent customer service. The study carefully describes the exact procedures needed to start an innovative business in Caloocan City that focuses on providing delicious and unique products in the market. It also highlights the importance of putting policies and strategic objectives in place to ensure long-term success. Furthermore, a thorough examination of financial statements is carried out, encompassing comparative income statements, profit-loss sharing breakdowns, and balance sheets.