A Feasibility Study on the Establishment of Churrositea in Ph1 10-B Pkg-6 Blk-2 Lot-25 Bagong Silang Caloocan City

Abstract

Churros and milktea are not actually know to some people specifically to the older churros, an innovated milk and tea as well. The location was a major consideration determining the future profit of the business, Finding the right and stable place for establishment contributed greater chance of success, however, poor location was really a barrier to the business’ future, choosing a good and strategic location will be potential for its success. Every sources of target market. Personal an effective customer’s service and a competitive price is the key to maintaining the local market’s share of this target market. Conducting a survey is a huge help to knowing how why should people buy this kind of product. This method includes the survey for product acceptance, competitive survey, for product pricing and survey for place or location of the business foot traffic.As the result of the survey, the product of said business was feasible in terms of having an innovated, cheaper price, an accessible and visible place and aninexpensive way of promoting the product. Based from the business location nearby schools may effect the business because of classes and weekend weather condition holiday, and semestral breaks. It one of its possibilities must have to survive is partnership with some schools and make promos during weekends. The business needs to closely analyze target sectors that are shrinking, or particularly susceptible to economic or environmental factors. It must identify the economic conditions and growth trends within the market where your product or invention will be rest period should the more they will no longer do the sub-standard way of their work so that you must give also be provided to the workers. Them their privilege like exact time for resting, 4P’s is very important for business to be successful. Having a suggestion box in the store helps one’s business improved.