FIN Executive Summary

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INTERNATIONAL SCHOOL

Executive Summary

La Churro Borough is a food business which aims to provide affordable, fun,


and healthy snacks without spending so much fortune. As the project will require the
consumption of various raw ingredients available in the local market, it will contribute
to the local economy by helping local businessmen, such as grocery store owners. La
Churro Borough has healthy offerings such as banana, mango, green tea and variety of
flavours and dips, it will contribute in the long-run to the national economy by
nourishing students, who are the future labor force of the country. The taxes to be paid
by the entity will also help drive the national economy.

Five years from now, the project aims to be the main sought-after pastry snack-
provider to satisfy the urge for the sweet taste that the people who reside in
CALABARZON who crave several times a day (After meals, in breaks and the
merienda) and that is part of our cultural and culinary heritage. Aside from these, La
Churro Borough shall have the unique selling proposition of Deliciously Fun in
Colors!. Our mission is to bring customers delight with every taste and bite. La
Churro Borough is dedicated to providing top of the line products and quality service.
It is our goal to prosper as a business and grow as entrepreneurs by doing so we share
our success in the global market, as well as provide a profitable return to our team
members and business partners.

As the project will require the consumption of various raw ingredients


available in the local market, it will contribute to the local economy by helping local
businessmen, such as peanut butter vendors and grocery store owners. Because
Churros Company has healthy offerings such as strawberry, matcha churros and ice
cream churros, it will contribute in the long-run to the national economy by nourishing
students, who are the future labor force of the country. The taxes to be paid by the
entity will also help drive the national economy. The La Churro Borough banks on the
novelty of its creations to entice customers to try our products, as we offer variants of
flavoured churros. To retain customers, we will ensure that every batch of churros we
will have the highest quality and consistency. There will be existing competitors
specifically other franchising companies along the location of our store offering either
of the same product or other products.

Our financial projection for 1st year is 2,873,000, in 2nd year is 5,746,000 and
on the 3rd Year of the business, we will have 17, 238,000 with the venture gained Php.
55,250 as shown in the following computations. The entrepreneurs involved in the
creation of this partnership have a strong positive background.
INTERNATIONAL SCHOOL

The CEO was the former Business Development Officer for Chavy Company,
the VP of Product Development was formerly the Chief Software Engineer with
Munez Company, the VP of Finance was previously head of the Del Mundo Chain of
Hotels, the VP of Marketing was formerly the Sr. Marketing Director for Masa
Medical Group and the Marketing officer has worked in multiple chain hotels in Leus
Chain of Hotels in California.

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