FS-Korean Resto
FS-Korean Resto
February 2022
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
ACKNOWLEDGEMENT
people that have helped and supported us all throughout the process which leads
to the completion of this research study. First and foremost, we would like to
express our sincere gratitude to our research adviser Professor Joel F. Sarillo,
MBA for his continuous support, understanding, and motivation. He gave us the
appropriate guidance and support while at the same time he offered us the
We also wish to thank Holy Child Central Colleges, Inc and its teaching
staff for the opportunity to acquire new skills for academic growth and
development.
To all our friends and co-researchers thank you for your understanding, moral
thank our family for their love and support throughout our lives.
Above all, we thank our heavenly Father for giving us strength, guidance,
Without them, we would not be the same person. Thank you for giving us the
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Approval Sheet
Adviser
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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PANEL OF EXAMINERS
Approved by the Committee on Oral Examination
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
TABLE OF CONTENTS
Title Page i
Acknowledgement ii
Approval Sheet iii
Panel of Examiners iv
List of Figures vii
List of Tables viii
Executive Summary ix
CHAPTER I. Introduction
Background of the Study 1
The Rationale of the Study 3
The Objective of the Study 5
Scope of the Study 5
Limitation of the Study 6
Research Methodology 6
Research Design 6
Locale of the Study 6
Respondent of the Study 7
Sampling Design 7
Research Instrument 7
Data Gathering Procedure 8
Definition of Terms 9
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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Business Ownership 39
Capitalization 39
Organizational Structure 40
Recruitment Procedure 46
Compensation and Benefits 46
Training and development 47
CHAPTER V. Operational and Technical Aspect 48
Product Technical Description 49
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LIST OF FIGURES
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LIST OF TABLES
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Executive summary
This study was conducted to assess the feasibility of the propose Korean
target location of the business since it is the economical center of the Upper
Valley Area, which is composed of all the municipalities of Tboli, Lake Sebu,
the uprising Korean popularity. K-pop or the Korean popularity has a big
Establishing a Korean restaurant business has a big potential to the market since
Surallah. Business will grow depend on the management system of the proposed
financial aspect. The Korean restaurant will offer unlimited (eat all you can)
This proposed business will be formed as sole proprietorship that has six
employees with the supervision of the owner. The manager also the chef of the
business, it will need a capital of 1,700,000 pesos that will be used to finance the
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
The propose Korean restaurant will have financial assumption, the business has
projected net income of 667,360.94 pesos for the first year of operation (first year
third year and generate up to 2,812,875.95 pesos on its fourth year of operation.
It will have increased based on projected sale, since the proposed restaurant is
offering unlimited (eat all you can) samgyeosal the increase of its sales depends
x
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Chapter I
Einführung
Korean cuisine is known for having some of the healthiest foods on the
menu. The dishes are simple but have pungent flavors and odors. This is mainly
because many Korean banchan a small side dishes served along with cooked
rice are made by fermentation, which adds intense and savory flavors to the food
the culinary arts of Korea. Korean cuisine has evolved through centuries of social
traditions in Korea and southern Manchuria, Korean cuisine has evolved through
Ingredients and dishes vary by province. Many regional dishes have become
national, and dishes that were once regional have proliferated in different
variations across the country. Korean royal court cuisine once brought all of the
unique regional specialties together for the royal family. Foods are regulated by
center stage along with the romantic scenes, enticing viewers to try the dishes for
kimbap, and bulgogi are some of the most popular Korean dishes in the
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
cater to the increasing Korean food market. Online videos about the samyang
been circulating in social media. Restaurants and retail stores have also seized
that the Philippines had the highest growth rate of hallyu fans. In addition, a 2011
study by TNS Global entitled “Filipino Perception of Korea and the Koreans”
revealed that Korean culture is one of the top three cultures Filipinos are
fascinated by, along with American and Japanese. With these findings, it is not
surprising that South Korea has the highest positive image in the Philippines,
According to Lee (2020), K-dramas have definitely been the main proponent of
Korean cuisine's popularity, but it wouldn't have this staying power if the flavors
for Filipinos is the second wave, with Korean restaurants piquing the curiosity
of Filipinos. The spiciness of Korean food led Filipinos to either try to tone down
the taste or take in its authenticity, if they could actually take it, because Filipinos
has always been welcoming of foreign trends and culture. As such, Korean
culture and trends as seen in Korean dramas have invaded and been deeply
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
A recent report by the Korean Food Research Institute showed that dining
attraction for tourists at Korean restaurants was “taste” and “unique dining
their own food. Restaurants with foreign language menus and nice atmosphere
also scored well on the survey with over 90% satisfaction. However, according to
the report, nearly 85% of tourists’ biggest complaints about Korean restaurants
were the healthiness of the food, the price, and the overall hygiene of the
especially businessmen settled into the place, which contributed to a faster pace
of development. While being a major producer of corn and rice two of the
important ingredients in Korean cuisines, Surallah has explored its vast potential
for progress. Surallah is in the center of many National Road thus, many
the Economical Center of the Upper Valley Area, which is composed of all the
municipalities of Tboli, Lake Sebu, Banga, Norala, Santo Nino and Surallah.
Together they function like a metropolitan area with Surallah as its Central
potential to become profitable and can be a tourist spot that can help in boosting
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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22,2020, it said that, in all around of Metro Manila, Korean restaurants and
Korean grocery stores have been popping up one after another. In addition to
this trend, Jovel A. (2020) explains why Filipinos draws to Korean cuisines, one
of the reasons is its phenomonology in popular and social media. He added that
regardless of genres.
Korean culture and products because of their unique taste in foods, the influence
accordance to their study, Philippines has the highest growth rate of hallyu or
also known as hallyu wave which means the distribution and spread of South
Korean cultural products such as foods, music, and television fans among 113
because of its potential financial impact, but also because of the undeniable
benefits it offers to the society. It will also be the first Korean restaurant in
particularly the locals of Surallah, because they will be able to explore the
Koreans' taste preferences. Those who enjoy Korean cuisine in Surallah or its
nearby towns will no longer have to pay a lot of money to travel to far locations to
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
and beneficial. The unique characteristic of this business that can be considered
b. Organizational Feasibility
d. Financial Feasibility
a. Marketing
b. Organizational
c. Operational/Technical
d. Financial
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
the municipMlity of Surallah, South Cotabato. The study will also cover the
practices of other existing restaurants in the area. This study will also include the
impact of Korean foods to the costumers and the adoptability of the Korean
dishes in the municipality of Surallah, South Cotabato. This study covers the
established already. The Study will also cite the probability of the producer of the
There are factors and conditions that will limit the researcher in the
conduct of the study. These are availability of data from the government
agencies, limitation of data from existing restaurants that operate in the area and
the ongoing protocols of the local government to counter the existing Covid19
pandemic.
share information about their business through survey and personal interview.
Research Methodology
Research Design
and quantitative. The instruments that were used in doing the study are a
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Respondents
Sampling Design
controls.
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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Research Instrument
needed in the study. The said guide will cover the important factors or
instrument will be applied in order to ensure that all the questions will be
Restaurants.
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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through online research. Aside from that, readings from different articles,
Definition of Terms
The following terms are listed and emphasized to give clarity to the reader
and dishes, and usually associated with a specific culture or geographic region.
Banchan- or bansang is a collective name for small side dishes served along with
Kimbap- a Korean dish of steamed white rice and other ingredients rolled in
Bulgugi-a Korean dish of thin beef slices marinated and grilled on a barbecue.
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
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culture and popular culture encompassing everything from music, movies, drama
Hansik- refers to Korean food, centered on rice, served alongside a bowl of soup
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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CHAPTER II
INDUSTRY
Produkt
by the public. The public dining room that came ultimately to be known as the
restaurant originated in France, and the French have continued to make major
a soup vendor, who opened his business in Paris in 1765. The sign above his
available within. The institution took its name from that sign, and “restaurant” now
Romanian, and many other languages, with some variations. For example, in
Polish, restauracia.
Although inns and hostelries often served paying guests’ meals from the
host’s table, or table d’hôte, and beverages were sold in cafés, Boulanger’s
restaurant was probably the first public place where any diner might order a meal
serves food and drinks to customers. Meals are generally served and eaten on
the premises, but many restaurants also offer take-out and food delivery
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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variety of cuisines and service models ranging from inexpensive fast food
establishments.
beverages such as beer and wine. Some restaurants serve all the major meals,
such as breakfast, lunch, and dinner (e.g., major fast food chains, diners, hotel
restaurants, and airport restaurants). Other restaurants may serve only a single
meal (for example, a pancake house may only serve breakfast) or they may
the culinary arts of Korea. Korean cuisine has evolved through centuries of social
traditions in Korea and southern Manchuria, Korean cuisine has evolved through
Traditional Korean meals are named for the number of side dishes that
bean paste, soy sauce, salt, garlic, ginger, gochugaru a pepper flakes, gochujang
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
become national, and dishes that were once regional have proliferated in
different variations across the country. Korean royal court cuisine once brought
all of the unique regional specialties together for the royal family. Foods are
type of gui (grilled dish) in Korean cuisine. Its name literally means “three-layered
flesh” which denotes the layers visible on the meat. It is said that samgyeopsal
originated from Kaesong in the early 20th century. The people in Kaesong were
known for their excellent skills and innovative ideas when it comes to business.
Koreans have long preferred beef over pork, a predilection that dates back as far
as the Joseon Dynasty. So, entrepreneurs come up with the idea of samgyeopsal
thinking that it would be successful because Korean’s love eating meat. (Korean
Cuisine, n.d.)
Market
The Korean cuisine trend was able to penetrate the Filipino market
through, similarities of culture thus, according to Dr. Deson Chon the Korean
Cuisine Boomwith Japan and Korea jointly hosting the 2002 World Cup, Japan is
of the two countries shows a wide range of differences. Upon visiting Korea,
people are without a doubt impressed by the large number of dishes and large
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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volume of food served from the Korean course menu called hanjonshik. This
alone can be an indicator that even with different cultures, environment, and
beliefs still, the Korean cuisine could dominate the scene. Nonetheless, to
very high. On the other scene customer satisfaction provides an average mean
of 4.22, and a0.46 standard deviations, which also manifested as very high lastly,
which manifested very high. The correlation analysis heavily supports the
research with a progressive result of .66, -.62, and .26 which indicates a strong
the growing population and rising incomes. For the year 2020 and 2021,
revenues are seen to reach P637.3 billion and P656.5, respectively. The more
ingenious, innovative, and affordable the product offerings are, the higher the
chances of success. The food service industry will continue to show tremendous
growth over the next few years on the back of our strong, consumer lead
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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economy. Metro Manila and nearby cities truly is a melting pot of influences from
different cultures. People easily accept and receive new trends and influences
from across the globe. Now, the popularity of Korean culture in the Philippines is
favorite Korean stars–television, fashion, and even music. Included here is the
food the Filipinos eat–basically, Korean cuisine is in. In which the Samgyeopsal
or Korean barbeque craze has hit the Philippines. Many Filipinos are going crazy
about it because of its unique concept and it comes with various side dishes.
Online videos about the samyang ramyeon challenge—or eating super spicy
restaurants and retail stores have also seized the opportunity to earn more
profits. Korean restaurants have been popping out left and right in the Metro –
partly because of the growing Korean population in Manila. And despite the
strong spicy flavor and distinct smell, there is also a growing interest among
Filipinos when it comes to Korean food. Last 2018, Samgyeopsal became very
popular in the Philippines and many restaurants had been established that offers
this korean barbeque. With prices that usually range between PHP 400 to PHP
2,000 and good interior designs, many Filipinos are enjoying it. (“Regional
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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Migz Resto Bar and Seafood Grills is currently located at Alah Valley Drive, Zone
Organizational Aspect
Operational Aspect
operation.
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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Marketing Aspect
marketing strategies.
Financial Aspect
month.
South Cotabato. This resort is popular in the local as Pantatan for they are
serving their specialty menu from cat fish or pantat in local name. it is
Proprietorship.
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
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Organizational Aspect
The business gives their employee fringe benefits like Phil Health
but also, they set a meeting twice or once every month, all
Marketing Aspect
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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Financial Aspect
capital stated by the owner to start the business. The owner borrow
pesos per month but when pandemic started their sale reduce up to
50%.
Roadway Café and Bar is a popular café and bar located at Alah
owned by Mr. Clint John Pendon. The Café and Bar is registered as a
corporation.
Organizational Aspects
minimize the fuss and maximize the supervision of the owner and
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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their sale and inventory as part of its daily routine in the business.
Marketing aspects
Financial Aspects
The Roadway Café and Bar start the operating with two
owner loaned money from the bank to use as capital. The business
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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dependent on some factors. The following factors listed here have contributed to
create promos inspired from Korean popular groups like BTS meal of
McDonalds.
some the seat of the region was relocated here. Another reason is that as
cuisine.
with either high foot or car traffic is ideal. Making restaurant visible to
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
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province accept workers with at least High School graduate with good
communication skills and understanding skills for the costumers. But some
capital to start the operation but it could easily pay back due to the
demand and sustainable sale of their products offer. The income can
Government Policies
General Policy
government.
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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and upon paying necessary fees imposed, after which, they need to be
established
Office
Specific Policy
In the Philippines, food safety is under the turf of Food and Drugs
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Republic Act No. 10611 or the Food Safety Act of 2013 together with its
course for FSCO recognized by DA and DOH. This FSCO has to ensure
the safety both of the food and the establishment being registered. (Food
Safety, n.d.)
“an act to strengthen the food safety regulatory system in the country
to protect consumer health and facilitate market access of local foods and
Section 1. Short Title. – This Act shall be known as the “Food Safety Act of 2013.
Constitution declares that the State shall protect and promote the right to health
of the people and instill health consciousness among them. Furthermore, Section
9, Article XVI provides that the State shall protect consumers from trade
the State shall maintain a farm to fork food safety regulatory system that ensures
a high level of food safety promotes fair trade and advances the global
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(a) Protect the public from food-borne and water-borne illnesses and
system; and
shall be implemented:
(1) Delineate and link the mandates and responsibilities of the government
agencies involved;
(3) ) Establish policies and programs for addressing food safety hazards
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The health of plants and animals from where the food is derived;
the following:
deterioration or decay;
(d) Where unsafe food is part of a batch, lot or consignment of food of the
same class or description, it shall he presumed that all food in that hatch,
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(e) Food that complies with specific national law or regulations governing food
safety shall be deemed safe insofar as the aspects covered by national law
unsafe by the competent authority of the exporting country after entry into
the country shall be withdrawn from the market and distribution channels;
and
specific food shall not prohibit the competent authorities to take appropriate
withdrawal from the market, where there is reason to suspect that such
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
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CHAPTER III
MARKETING
Produkt
Korean food is quite popular in the Philippines these days, thanks to the
popularity of Korean pop culture, which has enthralled most Filipinos. With the
growing popularity of Korean culture, K-pop lovers are anxious to learn its
language, as well as its stylish apparel and, of course, Korean cuisine, which is
both delicious and distinctive. As the number of K-pop fans in the Philippines
grows, so does the Korean culinary industry. This is an excellent time to start a
restaurants in the Philippines climbed by 81.2 percent from 2014 to 2018. The
majority of the restaurants are located in urban areas such as Metro Manila,
Cebu, Clark, and other cities. The samgyeopsal eatery is the current local craze.
Filipinos consume 28.89 kg of meat per person, with pork accounting for 49
For hallyu (Korean wave) fans who wish to experience authentic Korean
eating with chopsticks, dipping grilled meat in ssamjang (hot soybean paste),
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
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eating and drinking together as a way of sharing deeper emotions and having
samgyupsal is a simple way to stay in touch. (Jeong & Yoo, 2016; Wikipedia
contributors, 2021)
Target Market
Philippines; this trend is not going away anytime soon, and many entrepreneurs
are taking advantage of it. As a result, we will position our Korean restaurants to
33%
yes
no
67%
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
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10%
30% every day
every week
once a month
40%
twice a month
20%
every week, 30 twice a month, 20 once a month and 10 are eating in the
1% 11%
31% 57%
For the occasion that they want to celebrate in the restaurant 57 prefer to
come with family gatherings, 1 for the reunion, 31 want to celebrate birthday and
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15; 15%
Family
Workmates
24; 24% Peers/Friends
61; 61%
We inquire to who they usually dine with in a restaurant, and the following
are the outcome: Of the 100 people interviewed, 61 want to be with their families,
5; 5%
24; 24%
10am-12nn
30; 30%
12nn-4pm
4pm-6pm
6pm-11pm
41; 41%
Figure 5 Show the average time that they want to eat in a restaurant.
during 4pm-6pm, 24 want to eat in 10am-12nn and the remaining 5 wanted to eat
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5%
25% pork
chiken
52% beef
fish
18%
The result show that majority of the interviewees prefer to order foods
made from pork. Some also want to eat beef while the others wanted to order
28%
shabu-shabu ( eat all
you can)
made to order menus
72%
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
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Figure 8. Ratings
17; 17%
Very likely
Somewhat likely
56; 56% Neutral
27; 27%
Korean cuisine.
4%
PHP 200-300
48% PHP300-400
48% PHP 400 ABOVE
For the price that they prefer to pay for the dish per order in a Korean
restaurant. Both price range from Php. 200-300 and Php. 300-400 got the same
result equal to 48 while the remaining 4 prefer to pay at 400 pesos and above.
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
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15%
Yes
No
85%
The fugure show how the interest of the respondent to eat in the Korean
restaurant. Researcher ask them how much their interest and show that majority
Demand
and in the province of South Cotabato alone the population is 915, 289
while the Municipality of Surallah has 84, 539 as of 2016. The country
now ranks 36th in world population density with 346 people per square
kilometer and rank 12th as the most populated country in the world (Duran,
2017).
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good sign that the demand for this type of business has had a significant
Supply
business people have entered the Korean style and trend company.
But, with the exception of the Municipality of Surallah, which was the
this is good evidence that the current Korean trend has had a substantial
survey that the researchers conducted majority of the people prefer the shabu-
shabu style of serving in Korean restaurant. For the researcher to start the
project they will serve a shabu-shabu style (eat all you can) or most commonly
35
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Philippines for the samgyeopsal is raging from 300 pesos up to 500 pesos. The
price varies depending on the additional ingredients for their samgyeopsal, for
For the researchers to start the project they will follow the existing price range of
the product. The samgyeop will cost 300 pesos per individual who want to try it.
Promotional Strategy
in reaching the rising market for the goods because more people rely on and
utilize it. Word of mouth could also be beneficial, and because the product is
visibility. The existing Korean trend and the hype of every individual to try the
Korean culture and products will also help to the growth of marketing of the
project. Here are the platforms we intend leveraging on to promote and advertise
the restaurant.
business.
Ensure that we position our banners in strategic positions all around the
municipality of Surallah
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Distribute our flyers and handbills in target areas in and around our
neighborhood
ensure that all our staff members wear our branded shirt or cap at regular
intervals.
Channel of Distribution
From buying of ingredients in the market and other supplier, the product will
Market / Suppliers
Kitchen
Restaurant
Costumer
s 37
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Projected Sales
The Korean restaurant project will open eight o’clock in the morning until nine
o’clock of the evening. And let’s assume that for the first year of opening of the
project, the restaurant gains 25 individuals per day as customers and increase
25% its customer in four years and increase product price for 10% every year.
2,737,500.0
Year 1 25 365 300.00
0
3,854,400.0
Year 2 32 365 330.00
0
5,299,800.0
Year 3 40 365 363.00
0
7,287,225.0
Year 4 50 365 399.30
0
The estimated sales prediction for the next four years shows that the
grows year after year, the quantity available for earning grows as well.
38
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
CHAPTER IV
Business Ownership
owning the business establishment and the business itself has no legal
distinction. He received all the profit (subject to taxation specific to the business)
and has unlimited responsibility for all the losses and debts. Every asset of the
business is owned by the proprietor as well as all the debts of the business
established. This only means that the liability of the owner goes beyond what he
invested in the business. Since the restaurant has a simple structure, the owner
Capitalization
building rental, improvements of the building for the customers feel that they are
39
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Organizational Structure
As the project will be owned by sole proprietorship, the owner will stand as the
Owner
Manager
Bookkeeper
Owner
Qualifications:
- Supervise Employees
- Oversee Inventory
Qualifications:
41
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
operation;
guidelines.
- Hire, train, and mange staff about proper kitchen sanitization methods.
- Leads the operation inside the Kitchen for achieving or maximizing the
- Leads the operation inside the restaurant and manage all employees
42
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Bookkeeper
Qualifications:
bookkeeper.
Cashier
Qualifications:
43
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
- Maintain cash control over register drawer and verify amounts are
correct
Dishwasher
Qualifications:
- Scrape, rinse, and load dishes and utensils into dish cabinet
44
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
- Unload dishes and utensils from dish cabinet and organize them
properly
needed
Waiters
Qualifications:
- Take meal and beverage orders from customers and place these orders
in the kitchen.
- Deliver meals and beverages to tables when they have been prepared.
- Cash up bills and ensure that the correct amount has been paid.
Recruitment Procedure
the restaurant manager or the restaurant owner. The restaurant manager shall
and selection process of all applicants will proceed, thus filling up the necessary
position. The recruitment process will not be too lengthy nor will entail a lot of
procedures.
The restaurant owner will hire one (1) restaurant manager, two (2) chef,
one (1) cashier, two (2) waiters and two (1) dishwashers who will be paid on a
monthly basis. The owner will provide competitive compensation package that
basis only. Furthermore, the workers will also be provided with SSS, Philhealth,
and HDMF benefits. On top of these, an incentive and a 13 th month pay will also
be given. Workers will also be provided with shelter within the premises of the
restaurant. Table below shows the schedule of wages and benefits of the
restaurant employees.
46
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Table below shows the schedule of wages and benefits of the restaurant
employees.
Total 58,200
employee. This is to ensure that the employee will be thoroughly equipped with
manager and even employees, if necessary, will also attend various seminars
food and restaurant business. Such seminars are deemed necessary for the
CHAPTER V
47
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Samgyeopsal is one of the popular foods that bring craze to the people
now. This kind of food is brought to our country by Korean community and
people want to experience the feeling of eating this kind of food that before they
In Philippines, when we talk about samyeopsal the first thing that comes to
the person’s mind is all about the unlimited grilled pork or other meat.
pork meat as the main ingredient to grill but because of culture diversity some
restaurant uses other meat like beef meat and seafoods in order to get the
market of other culture that doesn’t eat pork meat in their area. Samgeopsal is
also pretty simple to prepare because it does not need too many ingredients, and
Samgyeopsal Example
48
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Samgyeopsal is best to eat with dinners desire side dishes and drinks like
wines and soju, to bring out the unique flavor of taste that they want. For the
propose Korean restaurant to be established, This will prefer to use side dishes
and vegetables like; Kimchi, lettuce, pickled radish, perilla leaves, cucumber,
white onions, scallion salad, green chilies and cooked rice. Ssamjang,
gochujang, ganjang, mayonnaise, ketchup, vinegar, and soy sauce for preferred
sauce. Cola and wines(soju) for drinks. And the propose Koran restaurant will be
Operation/manufacturing process
49
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Start
Buying of Ingredients
Preparing of Ingredients
50
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Best way of eating samgyeopsal is when you eat this in the comfortable
place with a perfect ventilation and to a place that would make you feel eating
After finding perfect establishment to rent, the restaurant will be set up to make it
best Korean restaurant in the area. Installing of proper ventilation, and Korean
theme decorations would make more interesting to the target market to go in the
propose project. The best floor plan will also be set up with the prefer size of the
building.
find in the market. Most of the ingredients of making samgyeopsal and its side
dishes and sauces are available in the market such as the pork and beef meats,
On buying the ingredients, the head chef is the one who is in charge to find the
good supplier that would supply all the ingredients needed for the operation of
the business. The ingredients must be fresh with the best quality to ensure the
After buying of all the ingredients, the chef will prepare all the ingredients
at the kitchen before putting it in the buffet area to display for the customer.
restaurant we prefer to use two kinds of meat, pork and beef meat. This is to
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
On preparing the meat ingredients, the skinless pork and beef meat will be cut
into thin- 0.5cm to 1cm / 0.2 inches to 0.4 inches similar to thick of bacon rasher.
chilies.
2. Pickled radish
a. Sliced radishes
c. Salt
d. Sugar
e. Warm water;
- Fill the jar(s) with the sliced radishes. Mix the brine
water. Pour the brine over the radishes and let them set on
3. Kimchi
a. Napa cabbage
b. Grated garlic
c. Grated granger
d. Salt
e. Water
g. Red pepper
52
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
h. Sliced scallion
i. Sliced radish;
- Cut the cabbage lengthwise through the stem into quarters. Cut the
cores from each piece. Cut each quarter crosswise into 2-inch-wide
strips.
- Rinse the cabbage under cold water 3 times. Set aside to drain in a
and dry the bowl you used for salting. Add the garlic, ginger, sugar,
and fish sauce, shrimp paste, or water and stir into a smooth paste. set
- Gently squeeze any remaining water from the cabbage and add it to
- Using your hands, gently work the paste into the vegetables until they
- Pack the kimchi into a jar. Press down on the kimchi until the brine (the
liquid that comes out) rises to cover the vegetables, leaving at least 1
inch of space at the top. Seal the jar. Let it ferment for 1 to 5 days.
1. Ssamjang sauce
c. Minced garlic
d. Gochujang paste
53
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
e. Sugar
g. Sesame oil
2. Gochujang sauce
c. Soy sauce
d. Rice wine
g. White sugar
h. Grated granger
i. Sesame oil
3. Ganjang Sauce
a. soy sauce
e. Minced garlic
f. Sugar
54
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
After all of the ingredients have been prepared in the kitchen, they will be
displayed at the buffet for the customers to choose what ingredients and side
Serve all of the customer's orders/requests that aren't included in the buffet/
eat all you can package, such as rice, beverages, and other utensils.
The waiter will wipe up all the mess and prepare the table for the next
customers after they have finished eating and left their table.
55
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Start
Register to the
counter
Choosing of
ingredients
Grilling and
Dinning
Payment
End
Only a minimum of two people per party will be allowed to dine at the proposed
Choosing of Ingredients
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
buffet area to select and get the ingredients and utensils they want to use making
samgyeopsal.
picking out the ingredients. The best way to cook samgyeopsal meat is to turn it
once or twice depending on how done they want it. The proper technique to eat
samgyeopsal is to wrap the grilled meat in a lettuce leaf and serve it with sauce
or a side dish.
Payment
Customers will return to the counter area after dinner to pay for their
samgyeopsal and any additional orders that may have been placed. Customers
can also call the waiter to get their bill and pay it. The business will be having a
no left-over policy. The costumer will pay one peso for every gram of left-overs.
Production Schedule
The Korean restaurant is on operation 365 days per year. It will open from
eight o’clock in the morning and closed at nine o’clock in the evening. Because
the samgyeopsal is an eat all you can type of buffet, the number of people willing
57
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
09:20am – 09:00pm
Refilling of ingredients in the buffet area
09:00pm
Cleaning of the restaurant and closing time
samgyeopsal in the proposed Korean restaurant, only a few items are required.
58
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
59
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
customers, the proposed restaurant will use heavy-duty furniture and equipment.
TOTAL
143,500
Raw Materials
60
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Availability, proximity and integrity of the suppliers are necessary. For the first
year of operation, the proposed restaurant plans to sign a deal with KCC Mall of
Marbel as the provider of all the raw materials required to run the business. The
following are supplies that are needed in starting Korean restaurant (eat all you
can samgyeopsal):
Meat - The essential ingredient in creating samgyeopsal is meat. The pork and
beef meats used in the proposed Korean restaurant will be of the highest quality.
Vegetables and Spices - To add the spirit of flavor for samgyeopsal this will also
serve as the side dishes. It balances the nutrients from grilled meat.
Sauces and pastes – The flavor of the grilled meat is enhanced by sauces and
Utilities
The proposed Korean restaurant will need sufficient supply of water for its
maintenance and electricity for its lighting management and other equipment to
before serving it to the costumers. The business will allocate five hundred pesos
(500) for the monthly water expense and five thousand pesos (5,000) for the
electricity.
Assumption will be set that this expense will increase by 5% per year.
61
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Waste Disposal
Waste management for every restaurant is important, this will help for
maintaining the quality of their service to their costumer. To deal with the waste
disposal, the propose restaurant will properly segregate all of the waste from
inside and outside the restaurant. And all of the segregated waste will be placed
Business Location
Zone 2, Barangay Libertad, Surallah, South Cotabato. This area is convenient for
customers since the location is easy to see and visible for traveler or tourist who
62
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
63
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
CHAPTER VI
FINANCIAL ASPECT
Financial Assumptions
50% of costumer per day prefer pork and 50% use beef meat for
grilling
10% price increase of meat and other raw materials per year
3% salaries Increase
Other income from product not included in eat all you can
samgyeopsal
64
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Grams
Number of Number of Days Total Total kilos
Year per
Persons per Year Grams of meat
Person
1 25 365 250 2,281,250 2,281.25
65
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Cost per day Cost per week Total cost per Year
Table 9. Cost of products not included to samgyeopsal (eat all you can) per
day
Table 10. Estimated annual cost and sale of product not included on eat all
you can samgyeopsal
66
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Number of
Year Monthly Salaries Total
months
Year 1 58,200.00 12 698,400.00
67
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
68
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Equipment Estimated
Cost Year 1 Year 2 Year 3 Year 4
and utensils useful life
Electric stove 2,200.00 5 440.00 440.00 440.00 440.00
Electric Grill
8,000.00 5 1,600.00 1,600.00 1,600.00 1,600.00
Pan
Refrigerator 15,000.00 10 1,500.00 1,500.00 1,500.00 1,500.00
Freezer 20,000.00 10 2,000.00 2,000.00 2,000.00 2,000.00
Chiller 7,000.00 5 1,400.00 1,400.00 1,400.00 1,400.00
Meat cutter 18,000.00 10 1,800.00 1,800.00 1,800.00 1,800.00
Kitchen knife
2,000.00 5 400.00 400.00 400.00 400.00
set
Meat cutter
1,000.00 5 200.00 200.00 200.00 200.00
scissors
Plates 10,000.00 5 2,000.00 2,000.00 2,000.00 2,000.00
Bowl 5,000.00 5 1,000.00 1,000.00 1,000.00 1,000.00
Saucer 3,000.00 5 600.00 600.00 600.00 600.00
Drinking glass 3,000.00 5 600.00 600.00 600.00 600.00
Fork 2,000.00 5 400.00 400.00 400.00 400.00
Spoon 2,000.00 5 400.00 400.00 400.00 400.00
Chopsticks 2,500.00 5 500.00 500.00 500.00 500.00
Stainless steel
3,000.00 5 600.00 600.00 600.00 600.00
Trays
Pitcher 3,000.00 5 600.00 600.00 600.00 600.00
Water
7,000.00 5 1,400.00 1,400.00 1,400.00 1,400.00
dispenser
Air-condition 15,000.00 10 1,500.00 1,500.00 1,500.00 1,500.00
Exhaust fan 72,000.00 10 7,200.00 7,200.00 7,200.00 7,200.00
Rice Cooker 1,500.00 5 300.00 300.00 300.00 300.00
Tong 2,000.00 5 400.00 400.00 400.00 400.00
Frying pan 1,000.00 5 200.00 200.00 200.00 200.00
Glass jar 800.00 5 160.00 160.00 160.00 160.00
TOTAL 206,000.00 27,200.0027,200.0027,200.00 27,200.00
69
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Korean Restaurant
Projected Income Statement
Four Years Projection
Year 1 Year 2 Year 3 Year 4
SALES
Sales 3,159,531.25 4,284,643.75 5,794,580.31 7,856,222.36
Cash 47,906.25 47,906.25 47,906.25 47,906.25
Cost of Goods 1,302,593.75 1,653,358.75 2,094,484.06 2,679,719.36
Gross Profit 1,809,031.25 2,583,378.75 3,652,190.00 5,128,596.75
OPERATION
EXPENSE
Salaries Expense 698,400.00 719,352.00 755,319.60 793,085.58
Rent Expense 180,000.00 189,000.00 198,450.00 208,372.50
Utility Expense 132,000.00 138,600.00 145,530.00 152,806.50
Marketing and
11,000.00 11,000.00 11,000.00 11,000.00
Promotional Expense
Registration and
5,000.00 5,250.00 5,512.50 5,788.13
Licenses Expense
Depreciation Expense 41,550.00 41,550.00 41,550.00 41,550.00
Total Operation
1,067,950.00 1,104,752.00 1,157,362.10 1,212,602.71
Expense
70
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Korean Restaurant
Projected Cash Flow
Four Years Projection
Year 1 Year 2 Year 3 Year 4
Cash flow from
operating activities
Net income 625,810.94 1,145,038.73 1,846,482.97 2,812,875.95
Add. Depreciation
41,550.00 41,550.00 41,550.00 41,550.00
expense
Net Cash Provided by
667,360.94 1,186,588.73 1,888,032.97 2,854,425.95
operation
71
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Korean Restaurant
Projected Balance sheet
Four Years Projection
Year 1 Year 2 Year 3 Year 4
Asset
Current Asset
Cash ending balance 667,360.94 1,853,949.66 3,741,982.63 6,596,408.59
Add: Cash 47,906.25 47,906.25 47,906.25 47,906.25
Cost of Goods 1,302,593.75 1,653,358.75 2,094,484.06 2,679,719.36
Total current asset 2,017,860.94 3,555,214.66 5,884,372.95 9,324,034.19
Non-current Asset
Property, Plant.
349,500.00 307,950.00 266,400.00 224,850.00
Equipment
Less: Accumulated
41,550.00 41,550.00 41,550.00 41,550.00
depreciation
Total non-current
307,950.00 266,400.00 224,850.00 183,300.00
asset
Liabilities and
equity
Current Liabilities
Total Liability
Equity
Owners’ capital 1,700,000.00 2,325,810.94 3,821,614.66 6,109,222.95
Add: Net income 625,810.94 1,145,038.73 1,846,482.97 2,812,875.95
Add: Owners
350,765.00 441,125.31 585,235.30
Investment
Total Equity 2,325,810.94 3,821,614.66 6,109,222.95 9,507,334.19
Payback Period
72
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Investmen
Capital t Income Balance
Year
1 1,700,000.00 625,810.94 1,700,000.00
Year
2 350,765.00 1,145,038.73 (1,145,038.73)
Year
3 441,125.31 1,846,482.97 (441,125.31)
Year
4 585,235.30 2,812,875.95 (585,235.30)
1,700,000/1,145,038.73 =1.484665944
.484665944 x 12 months = 5.815
0.815 x 30 days = 24.45
Payback period refers to the length of time needed for the return on
investment to repay the amount originally invested by the owner in setting up the
Financial Analysis
Formula Year 1 Year 2 Year 3 Year 4
Current Current
2,017,860.94 3,555,214.66 5,884,372.95 9,324,034.19
Ratio Asset
Current
- - - -
Liabilities
Debt-
Total
Equity - - - -
Liabilities
Ratio
Total Equity 2,325,810.94 3,821,614.66 6,109,222.95 9,507,334.19
73
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Socio-economic Aspect
potential for improvement while being a key producer of corn and rice.
envisions the municipality's and people's holistic growth. Based on the last
89,340 people in total in all barangays, zones, and sitios. Surallah's main source
includes Tboli, Lake Sebu, Banga, Norala, Santo Nino, and Surallah
central business district. Surallah is set to become the next premier agri-industrial
zone in the province of South Cotabato, this became possible due to the effort of
74
HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
of its economy, some of these are Roadway café and Bar, MIGZ Resto Bar,
The propose restaurant business will help to create jobs in the region,
promotes local farmers, and keeps hard-earned money in the neighborhood. This
generates nearly four times greater economic benefits for the local community
restaurants to the economy of a particular place is, it uses food, music, and décor
meals that they might not otherwise be able to prepare because they are difficult
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Chapter VIII
FINDINGS
This chapter presents the findings based on the feasibility and viability of
Findings
and gathered data with regards to the important factors to be considered, that is
to analyze the industry internally and externally in the four major aspects.
specific goals. It is found out that the key aspects of the organization are the
qualifications to be met, for the better equipment of the human power of the
organization. The employees will be seven (7) in total number. The business will
be in the form of sole proprietorship, where the capitalization will start within one
person. With a smaller type of business, the capitalization invested by the person
will be just enough. The owner will be the one who will primarily decide on what
actions are to be taken for the betterment and development of the business as to
necessity in a product and service sector industry. The researcher had found out
that in order for the business to attain its desired goals, it should have adequate
and well operated equipment such as property, office equipment and supplies.
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
This will help businesses in aiming for having equipment, office supplies and
other instruments to be with good standard, easily operated and will have a long-
lasting life and condition. The best of supplies and equipment shall provide the
best of products that will be given to the market. With a good standard,
services thus ensuring the commitment of the customer to the business. The
products and the services should be with high standard to meet qualifications.
Customer loyalty can be gained through offering excellent products and services.
proposed business. A well planned and developed marketing strategy will make
the name of the business be prevalent in the market, thus letting the proposed
business be known through printed advertisement, leaflets / flyers, and the verbal
communication. The business and the products, together with its services shall
possible customers. The business shall also see to it that the benefits of
implementing marketing strategy shall not exceed the cost of its implementation.
proprietorship, the business shall be having its capital source solely. The capital
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
capital must be then used efficiently to support the business activities. The
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HOLY CHILD CENTRAL COLLEGES, INC.
*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
REFERENCES
J. (2021, December 31). Samgyupsal Recipe (Filipino Style). Mama’s Guide Recipes.
https://www.mamasguiderecipes.com/2020/08/11/samgyupsal-recipe-filipino-style/
Restaurant Merchandising. (1973). Cornell Hotel and Restaurant Administration
Quarterly, 13(4), 85–107. https://doi.org/10.1177/001088047301300414
Wikipedia contributors. (2022, February 8). Restaurant. Wikipedia.
https://en.wikipedia.org/wiki/Restaurant
Macatulad, R. J. B. (2022, February 6). South Korean Food: 45 of the Best-Tasting
Dishes. Will Fly for Food. https://www.willflyforfood.net/korean-food-guide-45-dishes-to-
eat-in-seoul-south-korea/
Trillanes, K. G. (2020, February 24). 7 Korean Restaurants In Metro Manila That Won’t
Disappoint. COSMO.PH. https://www.cosmo.ph/lifestyle/food-drink/korean-restaurants-
metro-manila-must-try-a1321-20200224
Wikipedia contributors. (2022a, February 1). Pork. Wikipedia.
https://en.wikipedia.org/wiki/Pork
Lee, M., Lee, M., Kim, J., Lee, S., & Park, M. (2020). Effects of Environmental Factors
on the Prevalence of Korean Obesity According to Hsp40/C6 Gene SNPs. Current
Developments in Nutrition, 4(Supplement_2), 1263.
https://doi.org/10.1093/cdn/nzaa058_021
C. (n.d.). How Long Does Ice Cream Last? Shelf Life, S. E.-c.-s.-l.-e.-d. (n.d.).
Holmes Place. (2018, J. 1.-n.-v.-o.-i.-c. (n.d.).
Philippine Statistics Authority | Republic of the Philippines. (n.d.). Philippine Statistics
Authority. Retrieved July 18, 2. f. (n.d.).
Philippines: Administrative Division (Regions and Provinces) - Population Statistics, C. a.
(n.d.).
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
APPENDICES
APPENDIX 1.
SURVEY QUESTIONNAIRE
This questionnaire pertains to a study conducted by the 3rd Year BSBA Students
of Holy Child Central Colleges, Inc. The purpose of this study is to know the
South Cotabato. The questions will take 3-5 minutes and all responses will
Instruction: Check the Box and Read carefully before giving your answer.
Name(optional):
Location:
19-29 49-50
30-40 50-above
YES NO
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Reunion Anniversary
10am-12nn 4pm-6pm
12nn-4pm 6pm-11pm
9. How much prize would you prefer to pay for dish per order in a Korean
restaurant?
Yes No
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
https://techpilipinas.com/pag-ibig-contribution-table-payment-schedule/
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
Source: Dungo, F. (2021, January 3). New Income Tax Table 2021
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
CURRICULUM VITAE
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*Formerly HOLY CHILD COLLEGE OF INFORMATION TECHNOLOGY, INC.
Allah Valley Drive, Surallah, South Cotabato
[email protected]
CURRICULUM VITAE
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CURRICULUM VITAE
JACQUELYN O. SALANDAY
Sitio Upong, Brgy. San Vicente
Banga, South Cotabato
[email protected]
0930-773-1237
Civil Status: Single
Date of Birth: January 06, 2000
Language/ Dialect: Ilonggo, Tagalog, English, B’laan
Religion: Independent Catholic
Educational Background:
College Bachelor of Science in Business Administration-Mktg.
Mgt.
HolyChild Central Colleges, Inc.
March 2021
SHS San Vicente Nat’l High School
March 2018
High School San Vicente Nat’l High School
March 2016
Elementary Upong Elem. School
March 2012
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