Pick ‘N Pops Co.: When Pili meets Chicken

In the Philippines, street foods have been one of the “go-to” foods of thrifty Filipinos. Around September 2021, Pick ‘N Pops Co. was formed to provide an inexpensive yet quality food product, aiming to help farmers and poultry suppliers in Legazpi City. One of the main ingredients of the product is...

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Main Authors: Colina, Alyza Mae Q., Dy, Paolo Miguel N., Molet, Juliah Minerva A., Paglinawan, Jude Ll., Prieto, Pauline B.
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Published: Animo Repository 2022
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Online Access:https://animorepository.dlsu.edu.ph/conf_shsrescon/2022/bus_plan/4
https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1028&context=conf_shsrescon
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Institution: De La Salle University
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spelling oai:animorepository.dlsu.edu.ph:conf_shsrescon-10282023-02-09T23:56:32Z Pick ‘N Pops Co.: When Pili meets Chicken Colina, Alyza Mae Q. Dy, Paolo Miguel N. Molet, Juliah Minerva A. Paglinawan, Jude Ll. Prieto, Pauline B. In the Philippines, street foods have been one of the “go-to” foods of thrifty Filipinos. Around September 2021, Pick ‘N Pops Co. was formed to provide an inexpensive yet quality food product, aiming to help farmers and poultry suppliers in Legazpi City. One of the main ingredients of the product is chicken gizzard, which is considered as the healthiest part of the chicken. On the other hand, as native Bicolanos, the proponents also desire to promote their culture by using Pili as one of the ingredients not only because of its abundance in the region, but also for its exceptional taste and nutritional advantages. These two ingredients are given a new face in their recipe by innovating it as honey pili-glazed chicken pops. The product will be served into three different sizes: Baby Pops (small) for Php 59.00, Mommy Pops (medium) for Php 79.00, and Daddy Pops (large) for Php 129.00. The proponents will be owners of the business but it will operate as a sole-proprietorship due to its simplicity, ease of setup, and nominal cost. The business owners will serve as the key management personnel because of their educational background in business but will hire a manager, cook, dishwasher, and delivery person as employees. The business’ competitors are small food stores that offer ready-to-eat meals such as Cres Snack Inn, Tapsiriffic Food Hub, and an unnamed street food stall located at Peñaranda Park, Legazpi City. The owner’s equity will be the primary source of financing. For the funding estimates, the total pre-operating expense amounts to Php 11,635.00 and the forecasted project cost is Php 228,166.75. Return on investment is 603%, while the return on sales is 35%. Lastly, the computed cash payback period would be at 15.86 or 15 months and 26 days. 2022-05-12T22:30:00Z text application/pdf https://animorepository.dlsu.edu.ph/conf_shsrescon/2022/bus_plan/4 https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1028&context=conf_shsrescon DLSU Senior High School Research Congress Animo Repository street food chicken gizzards pili Bicolano Business
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
topic street food
chicken gizzards
pili
Bicolano
Business
spellingShingle street food
chicken gizzards
pili
Bicolano
Business
Colina, Alyza Mae Q.
Dy, Paolo Miguel N.
Molet, Juliah Minerva A.
Paglinawan, Jude Ll.
Prieto, Pauline B.
Pick ‘N Pops Co.: When Pili meets Chicken
description In the Philippines, street foods have been one of the “go-to” foods of thrifty Filipinos. Around September 2021, Pick ‘N Pops Co. was formed to provide an inexpensive yet quality food product, aiming to help farmers and poultry suppliers in Legazpi City. One of the main ingredients of the product is chicken gizzard, which is considered as the healthiest part of the chicken. On the other hand, as native Bicolanos, the proponents also desire to promote their culture by using Pili as one of the ingredients not only because of its abundance in the region, but also for its exceptional taste and nutritional advantages. These two ingredients are given a new face in their recipe by innovating it as honey pili-glazed chicken pops. The product will be served into three different sizes: Baby Pops (small) for Php 59.00, Mommy Pops (medium) for Php 79.00, and Daddy Pops (large) for Php 129.00. The proponents will be owners of the business but it will operate as a sole-proprietorship due to its simplicity, ease of setup, and nominal cost. The business owners will serve as the key management personnel because of their educational background in business but will hire a manager, cook, dishwasher, and delivery person as employees. The business’ competitors are small food stores that offer ready-to-eat meals such as Cres Snack Inn, Tapsiriffic Food Hub, and an unnamed street food stall located at Peñaranda Park, Legazpi City. The owner’s equity will be the primary source of financing. For the funding estimates, the total pre-operating expense amounts to Php 11,635.00 and the forecasted project cost is Php 228,166.75. Return on investment is 603%, while the return on sales is 35%. Lastly, the computed cash payback period would be at 15.86 or 15 months and 26 days.
format text
author Colina, Alyza Mae Q.
Dy, Paolo Miguel N.
Molet, Juliah Minerva A.
Paglinawan, Jude Ll.
Prieto, Pauline B.
author_facet Colina, Alyza Mae Q.
Dy, Paolo Miguel N.
Molet, Juliah Minerva A.
Paglinawan, Jude Ll.
Prieto, Pauline B.
author_sort Colina, Alyza Mae Q.
title Pick ‘N Pops Co.: When Pili meets Chicken
title_short Pick ‘N Pops Co.: When Pili meets Chicken
title_full Pick ‘N Pops Co.: When Pili meets Chicken
title_fullStr Pick ‘N Pops Co.: When Pili meets Chicken
title_full_unstemmed Pick ‘N Pops Co.: When Pili meets Chicken
title_sort pick ‘n pops co.: when pili meets chicken
publisher Animo Repository
publishDate 2022
url https://animorepository.dlsu.edu.ph/conf_shsrescon/2022/bus_plan/4
https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1028&context=conf_shsrescon
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