A BUSINESS PLAN ON THE ESTABLISHMENT OF DEEP RIZZ AT VISTA VERDE AVENUE, VISTA VERDE NORTH, CAYBIGA, CALOOCAN CITY

Abstract

Deep Rizz is a general partnership business established in February 2024. It is a food store that provides deep-fried snacks, meals, and refreshing drinks. Deep Rizz offers a variety of dynamite, such as Bicol Express dynamite, chicken adobo dynamite, and fish dynamite. It also offers freshly made onion rings and refreshing fruit juice with different add-ons. Deep Rizz is dedicated to offering a friendly atmosphere and excellent products that show our love for food and commitment to making our customers happy. It envisions becoming the top choice for a delightful food experience and creating memorable moments that go beyond just eating. It aims to make every person experience the quality of food that creates enjoyable moments with their friends and family. Deep Rizz will be located at Vista Verde Avenue, Vista Verde North, Caybiga, Caloocan City. In terms of strategic location, the store is both visible and accessible. It is located along the main road, where there are a lot of passersby, workers, students, and neighbors. Deep Rizz plans on focusing its advertising and marketing efforts on the brand and its products through various social media platforms. The store will operate every day from 10:00 am to 8:00 pm. The co-owners have been assigned to different positions based on their knowledge and capabilities in operating the business. Deep Rizz will start with an initial investment of Php 66,000.00, with each of the eleven (11) co-owners investing Php 6,000.00 each and receiving the same obligations and accountability. The eleven (11) co-owners of Deep Rizz will be investing 9.09% each of the initial investment amounting to Php 66,000.00. The business is expected to spend a total of Php 42,548.50 on pre-operating expenses. Based on the financial forecast, the business is predicted to earn total sales of Php 79,525.00 in the first month, Php 85,710.00 in the second month, Php 145,970.00 in the third month, Php 204,678.00 in the fourth month, Php 224,053.00 in the fifth month, and a total of Php 292,967.00 in the sixth month of business operation. Based on the results of this plan, Deep Rizz is highly viable. In terms of business concept, Deep Rizz offers unique products to the market. Its marketing, management, and operational plans are all feasible and within the capabilities of the co-owners. Based on the financial statement of Deep Rizz, the sales are expected to continuously increase as it operates.