CONFIDENTIAL

Taste Buds Cafe

“Topped with a smile”

Business Plan
January 27, 2020

Contact Information
Hannah Laparan
han@[Link]
187-202-8891
[Link]
Narciso Street
Surigao City, Philippines
Taste Buds Café

Table of Contents
Executive Summary.....................................................................................................................1

Opportunity..........................................................................................................................1

Expectations..........................................................................................................................1

Opportunity..................................................................................................................................3

Problem & Solution............................................................................................................3

Target Market.......................................................................................................................3

Competition..........................................................................................................................3

Execution.......................................................................................................................................5

Marketing & Sales...............................................................................................................5

Operations...............................................................…….Error! Bookmark not defined.6

Milestones & Metrics........................................................................................................10

Company......................................................................................................................................12

Overview.............................................................................................................................12

Team.....................................................................................................................................12

Financial Plan.............................................................................................................................14

Forecast................................................................................................................................14

i
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas with
third parties without the express written consent of the plan author.
Taste Buds Café

Financing.............................................................................................................................18

Statements...........................................................................................................................19

Appendix.....................................................................................................................................22

Profit and Loss Statement................................................................................................22

Balance Sheet......................................................................................................................26

Cash Flow Statement........................................................................................................28

ii
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas with
third parties without the express written consent of the plan author.
Taste Buds Café

Executive Summary
Opportunity
Problem Summary

Particularly the reason of standing the business is that, because of the same services and
products that other businesses have been offered, people tend to look for something different
because they think and feel tired of entering and eating the same food and ambiance.

Solution Summary

In the time where people is in a look for something new, the business aims is to primarily
supply the demands of the consumers in terms of product discovery. Product discovery means
to innovate and make something different. The company aims to create new trends in terms
of food products that will suit to consumer needs.

Market

Surigao City would be the company’s market in line with the target consumers which are
people whose love is for food but conscious in budgeting concerns, specifically students.

Competition

Various competitors are all around Surigao City, businesses such as Cake shops like
Goldilocks, Red Ribbon, Gold Ribonette, Homebaker, and vendors who sells puto in the
sidewalk.

Why Us?

The team is composed of professionals that graduated in different fields who’s specialized
with BS Accountancy, with the skills of Culinary Arts, and lastly the team has the city’s
finest entrepreneurs, with the love of food and the concern for goods and services, we
believed that we have the potential to create an outstanding business.

1
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Expectations
Forecast

The Histogram below shows the timeline of the financial targets of the entrepreneurs,
whereas the sales to be developed will be doubled as to forecast by the year 2020,
furthermore financial targets is expected to rise 2 two years from now tripling the business
profit. As for the long-term sales goal, the business aims to widen its cover which is to branch
out from other region here in the Philippines.

Financial Highlights by Year

10,000,000
9,000,000
8,000,000 Revenue
7,000,000
6,000,000 Expenses &
5,000,000 Cost
4,000,000
Net Profit
3,000,000
2,000,000
1,000,000
0
2020 2021 2022

Financing Needed

Financing needed to this kind of business includes the monetary source in building business
stand, allocating equipments, producing the main product and raw materials to purchase are
through bank loan, specifically BDO.

2
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Opportunity
Problem & Solution
Problem Worth Solving

Various cake shops and other restaurants are all around the city but due to its same setting,
people tend to think of it as common. As the result they might look for something new and
different. In the same token, one of the common problems is that, some business only focuses
on improving its ambiance to attract consumer but not in selling foods. In addition, based on
the observation, cake shops around the city sell the same product. Though the quality is good
but the budget is not friendly. Basically those are the reason why the quantity demanded has
been sunk down because of the commonality of the products and the services as well.

Our Solution

In our generation today, more and more people love to spend their time in a café to relax,
unwind, socialize, enjoy, and a lot more reasons. One of the attracting customers are
millennial or students. The entrepreneurs came up to an idea of introducing a new product
which can grab the attention of the many due to its uniqueness, one of those is called Puto
Malunggay. Furthermore, to fully attract the consumers we the entrepreneurs, will also
develop a new and unique ambiance that the consumers wanted and looking for; specifically,
our target consumers which is the students. Through this, we know that we have the potential
create a mark in regards to satisfying the consumer needs through creating a unique,
accessible, tasty and pocket friendly product.

Target Market
Market Size & Segments

The target market of our business is around Surigao City, focusing on our target customers,
the students, which has 181,569 + students according to [Link]. As people become more
aware of its uniqueness, good production becomes even more attractive because of its look,
feel and taste. Our product line will react to the needs and desires of the customer, thereby
encouraging repeat and word of mouth sales.

3
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Competition
Current Alternatives

As a matter of fact, there are lots of services here in the city which is common and famous
particularly Red Ribbon, Goldilocks, Homebaker, Gold Ribbonette, and other vendors who
sell puto on the sidewalk People would go and choose those services instead of ours because
they already have experience or an overview about those services therefore then; they already
know what is good and what they want. Compare to us, we are just starting our business and
we can’t deny the fact that loyal customers are still rare to find. Though we have many
competitors, we will find ways on how to make our business grow and to be known to people
or the consumers

Our Advantages

Our product has a unique quality to offer, aside from its taste it also has a good quality and it
is also healthy because of the ingredients that has been used. And also the facility and the
location of our business is easy to find. Our business has the following advantage to others.

The business area is near schools and is in the center of the city therefore it would not be hard
for the costumers to locate or find our building, unlike any other bakery and cafe’s business.
Also our business offers unique and healthy foods that everyone can choose from and our
facility is clean, has its style that can capture the attention of the costumers.

4
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Execution
Marketing & Sales
Marketing Plan

To illustrate, in making our marketing plan we should know the perspectives of our target
customers to be able for us to satisfy and supply their demands or wants. Therefore, our plan
will include the following:

POSITIONING

For individuals looking for a great service cafe with an exceptional customer experience who
wants to make their day relaxing and stress free, Taste Buds cafe provides tasty and delicious
plus healthy food because our cafe believes that it’s not just the food that satisfies the
costumers but also the benefits that they can gain.

PRODUCT

Our product and services are different from others for our business offers a more affordable
and satisfying foods, though there are differences to what kind of foods we are selling but it
differs from how we play with the resources we have to satisfy the costumers. The following
are the products that our business can offer:
1. Puto Malunggay is a delicacy inspired food which is innovated to create a new
version of Puto.

2. Cheesy Spaghetti will be cooked the same way as the traditional Filipino cooking
process and ingredients.

3. Mango Shake will have 2 flavors; the first one is the sour one and the second is the
sweet one, to make a twist.

4. Siomai rice will be the same as the other siomai but with rice.

5
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

5. Burger will be into three choices; regular (filling is burger patty), cheese burger
(burger patty with cheese), cheese burger with egg, special burger (with cheese,
burger patty, ham or bacon, egg and veggies).

PLACE

Taste Buds Café is located at Borromeo St. Surigao City near Luneta Park; therefore it is an
advantage that our facility is on the heart of the city from where people usually pass by. It is
also a good location for students, employees and etc. that wished to have a relaxing day.
Taste Buds Cafe has a lot to offer that makes you forget your stressful day. It surrounds
instagrammable designs and stuffs that will surely love by people, and the delicious foods
that makes you in a good mood. Customers will have a great experience that will capture
their hearts of coming back in the cafe.

PRICING

Price Volume Total Total Cost Total Profit Unit Cost

Revenues

₱20.00 ₱100.00 ₱625.00 ₱260.00 ₱365.00 ₱12.00

₱10.00 ₱30.00 ₱300.00 ₱230.00 ₱70.00 ₱8.00

₱15.00 ₱40.00 ₱600.00 ₱190.00 ₱420.00 ₱5.00

6
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

PROMOTION

We will promote our company through any form of social media to reach many people,
company website and even printed form of advertisement so that we can reach and attract
many consumers to buy products and even to partner with us. By simply taking photos and
videos and uploading it in our social media accounts, can help us to gather more consumers
to buy on our products.
Moreover, since social media is one of the most dominant platforms in today’s generation, we
think that it would be better if we use this platform as our medium in communicating and
connecting to our customers. On the other hand, connecting with our customer would not be
enough to grab their attention and make our business prosper. Therefore, thinking of a
strategy like posting an appreciation post to the costumer who has visited our café. Second is
that, by launching promos and giveaways every holidays or season might gain a lot of
attention to the customer. Using platforms and strategies would impart a big help to the
business growth. Considering the affordability and credibility of our products would increase
the number of the target consumers from the expected.

PEOPLE

Taste Buds Cafe wants to make, tired and stressful people happy when they leave the cafe.
First is to know the costumer's desire, because it is important what products and services will
be produced, second is to have an attractive and appealing place to grab new costumers, then,
having a free taste of tasty and delicious product that our Cafe can offer and will be introduce
directly in the costumer, and lastly is to know the price of the competitors in order to make an
action in the marketing plan's strategies. Furthermore, knowing who our customers were is
very important to get the exact target and to know what are their demands and to examine
what they really need. We all know that if necessary it is better for us to do the customers
profiling so that we can be able to specifically identify our customers to meet the designated
target of our business.

7
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Locations & Facilities

Our location would be at the center of the city where most people would come and visit our
place. It is more like an “instagrammable” place that the customers would be attracted
because of its convenience and good ambiance.

Floor Plan

8
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Technology

Our business will be using an e-commerce engine for our websites that will enable for us to
manage our online business, a CCTV for the security, and a POS System for fast services and
to make things easier and become even more convenient.

Equipment & Tools

Equipment’s & tools are very important, not just in business but also in everyday life. It
makes the work a lot easier. In order for our business to have a convenient and good services
we want to have some equipment that will be needed for our business;

Storage/Holding Quantity Brand/Model Unit Price Total Price

Equipment

Refrigerator 1 Condura CNF-269i ₱19,995.00 ₱19,995.00

Stove Burner 1 Electrolux ETG 726GK ₱3,998.00 ₱3,998.00

Electric Oven 1 Kyowa KW3322 35L ₱3,630.00 ₱3,630.00

Bar Stool 3 Hodeso KZ-4U ₱1,599.00 ₱4,797.00

Dining Chair 2 Verona ₱1,998.00 ₱1,998.00

POS System 1 NENPOS ₱20,000.00 ₱20,000.00

CCTV Camera 2 Logan L-DX841M- ₱12,729.00 ₱25,458.00

1TB+4L-DX841M

Air-Conditioner 1 Samsung ₱18,998.00 ₱18,998.00

AR09MVFHHWKNTC

Sofa 2 RCB Brand ₱8,200.00 ₱16,400.00

RB-202

9
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Ceiling Fan 1 Westinghouse ₱6,750.00 ₱6,750.00

CO BAN KIAT
HARDWARE, INC.-WH-
5SW52SB4
Ceiling Light 3 Boleh Deals ₱460.00 ₱1,380.00

Ceiling Lamp 3 OEM ₱860.00 ₱2,580.00

Shade

Toilet Bowl 2 Lotus Baths and ₱5,659.00 ₱11,318.00

Kitchen
Gaobi 6802
Bathroom Wash 2 GV 349 ₱1,942.00 ₱3,884.00
Sink

Kitchen Sink 2 Lotus Baths and ₱1,412.00 ₱2,824.00

Kitchen

Trash Bin 6 OEM ₱155.00 ₱928.00

Door Knob 3 Corona ₱710.00 ₱2,130.00

722/800

Faucet 3 Gripo ₱180.00 ₱540.00

GR804

Milestones & Metrics

Milestones

We plan to be profitable within the first year of operation. Our goal is to expand our place
and by the second of the year we will plan to have more branches not just inside but also
outside the city. By March 2020, we, the business owner hope to make an improvement in
our facility (adding more tables, chairs and etc.); by June 2020, the business owner hopes to
add a new product like on their menu; by January 2020, the owner aims to build a new

10
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

facility in another location around the city; and by the year 2021 the business owner will
endorse the business to find another investor who will invest in our business; and lastly by the
year 2025 the business own, hope to stand a new branch of business away or outside the city.

Monitoring
Marketing Actions Goal Timeframe of Marketing
Outline/Objectives Required Plan Results

Examine and
study the To increase the
Market Research market sales by 5% over a Annual
dynamics, three-month By year monitoring
patterns and period. 2020
current sales
volume.

Identify and To become the

examine the leading company
Market competitions market or business in the By year Annual
and Competitors competition market and 2021 monitoring
and business industry.
competitors.

To reach a higher
Create and deal demography with At the start
Marketing Strategy with any types regards to the of the Annual
of marketing target customers. business. monitoring
strategy. Grow the
business.

The table shown above is the process of how we can achieve our milestone in business.

Key Metrics

The most important performance metrics in our business is when we achieve our first goal
which is to make our business grow. Having a good feedback from the consumers and getting
back a lot of profits is one of the greatest prospect that had happen in the business. It could be
a success when we, the entrepreneurs see our business growing in just a small amount of time
starting from the beginning. Our sales target by every year is approximately 2,500,000 if we

11
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

surpass that amount it shows that the people are interested in buying our product. And also,
costumer’s loyalty will count. Success is when we achieve our goals and milestone of our
business and be able to help others by opening recruitment for jobs that the business has
offered.

12
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Company
Overview
The team is composed of professionals that graduated in different fields and a skilled workers
or employees: April Galing who’s specialized with BS Accountancy, Jona Sherica Toldo,
Rutchel Awatin with the skills of Culinary Arts, lastly Kharel Piedad and Hannah Laparan as
the City’s finest Entrepreneurs. The owner of the business or the founder is Hannah Laparan
which is one of the finest entrepreneurs in the city. And rest is the co-founding partners in
business. Also together with the other employees, we can improve the and make the business
bigger and can step up to a high new level. The company’s legal structure is limited-liability
corporation (LLC) wherein the members of the company are not liable for the company’s
debts or liabilities.

Team
Management Team

Business Owner
Hannah Laparan

Manager
Kharel Piedad

Budget & Finance

Sales and Marketing
April Galing

Rutchel Awatin Jona Sherica Toldo

April Galing, a graduate of BS Accountancy and is already a CPA. In the business she will be
the one who is responsible for every financing and budgeting matter. She has 10 years,

13
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

working experience in the bank, and that is why her role in the company is to take good care
of the business gross or profits, cost and expenses, and the loss.

Rutchel Awatin and Jona Sherica Toldo, which has specialized Culinary Arts and also has a
10 years working experience being chef at the Gloria Maris, a Chinese restaurant in Quezon
City and Cafe Ysabel, a cozy restaurant in Metro Manila. In our business they will be the one
who is responsible in the kitchen and will be doing the food that our business has to offer.

Kharel Ann Piedad and Hannah Andrea Laparan, are the city’s finest entrepreneurs. They
will be the one who will maintain the development of the business in order for it to grow and
foster. And also their role in business is to finds the best ways on how to develop and grow
the business.

Advisors

Ms. Tenny Jean Payac - she is a graduate of BS Education and a former professor. She is
also one of the finest entrepreneurs in the Philippines.

14
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Financial Plan
Forecast
Key Assumptions

Profit and loss statement with monthly details in the year 2019 started of strong as an
underdog for business that maintained the budget for expenses, direct cost and equal gain of
net profit/sales which revenues are equal from January up to July. On the other hand,
entrepreneurs have analyzed the profit and loss statement for the pass few month and have
concluded that expenses and direct cost must be increased in order to have higher sales, so
little by little, entrepreneurs have increased their expenses gradually if they see that the
budget spent was sufficient enough to consume for sales. However, by the month of
December, entrepreneurs have consumed to have lower sales because it is filled with holidays
such as Christmas so it was expected to have fewer sales from les consumers. By the year
2020, business building widened and costs/expenditures have expanded, therefore, revenues
have increased and the business have higher sales, by means of monthly statement, it was
also gradually increasing as to see that expenses are consumed sufficiently. Lastly, in the year
2021, loss statement has approximately increased up to 20% and has larger number of profit
from high revenues because of the business development which have added another floor for
consumer to stay in.

15
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Revenue by Month

900,000
800,000
700,000
600,000
2020
500,000
400,000 2021
300,000 2022
200,000
100,000
0
n

n
ay

v
p

t
r

c
l
ar
b

g
Ju

Oc
Ap

No

De
Ja

Au
Ju
Fe

Se
M

Expenses by month 2020

120,000

100,000

80,000

60,000 Direct Cost

Expenses
40,000

20,000

0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

16
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Expenses by month 2021

180,000
160,000
140,000
120,000
100,000
Direct Cost
80,000
Expenses
60,000
40,000
20,000
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Expenses by Month of 2022

300,000

250,000

200,000

150,000 Direct Cost

Expenses
100,000

50,000

0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

17
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Net Profit (or Loss) by Year

4,500,000
4,000,000
3,500,000
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
0
2020 2021 2022

18
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Financing
Use of Funds

When we start our business, a high amount of capital is what we need, so we plan to get a
loan to buy some tools and equipment for our business and we are getting a line of credit for
working capital. In addition, the money will also use for paying taxes, purchase of building or
land, salary of employees and other expenses related to business.

Sources of Funds

The money that we used in starting our business is loaned from BDO. Sooner or later if we
can get a high amount of revenues and profits from our business, and we can be able to pay
the loan and after we will start investing on our own business. Sources of funding include
credit, venture capital, savings, and taxes.

19
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Statements
Projected Profit & Loss

FY2020 FY2021 FY2022

Revenue 2,572,500 4,621,500 8,715,500

Direct Costs 690,000 940,000 1,415,000

Gross Margin 1,882,500 3,681,500 7,300,500

Gross Margin % 73.17% 79.66% 83.76%

Operating Expenses

Salary 768,000 1,440,000 2,160,000

Utilities 138,000 240,000 360,000

Employee Related Expenses 36,000 60,000 120,000

Total Operating Expenses 942,000 1,740,000 2,640,000

Operating Income 940,500 2,360,000 4,660,000

Interest Incurred 0 0 0

Depreciation and Amortization 180,000 240,000 480,000

Income Taxes 0 0 0

Total Expenses 1,132,500 1,980,000 3,120,000

20
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Net Profit 750,000 3,970,000 4,180,500

Net Profit / Sales 28.68% 41.86% 47.85%

Projected Balance Sheet

21
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

FY2020 FY2021 FY2022

Cash 1,550,500 1,600,500 2,250,500

Accounts Receivable 340,500 450,500 500,500

Inventory 68,000 72,500 76,500

Other Current Assets 8,000 8,000 8,000

Total Current Assets 1,967,000 2,131,500 2,835,500

Long-Term Assets 1,980,000 2,150, 500 2,900,500

Accumulated Depreciation 180,000 240,000 480,000

Total Long-Term Assets 2,160,000 2,390,500 3,380,500

Total Assets 4,127,000 4,522,000 6,216,000

Accounts Payable 940,000 942,600 950,500

Income Taxes Payable 70,500 75,690 80,000

Sales Taxes Payable 50,500 55,000 60,000

Short-Term Debt 90,000 85,000 85,500

Prepaid Revenue 100,000 150,000 200,000

Total Current Liabilities 1,251,000 1,308,290 1,376,000

Long-Term Debt 350,000 380,000 400,000

Total Liabilities 1,601,000 1,688,290 1,776,000

22
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Paid-in Capital 350,000 355,500 400,000

Retained Earnings 150,000 150,000 150,000

Earnings 450,000 495,000 500,000

Total Owner's Equity 500,000 505,500 550,000

Total Liabilities & Equity 2,101,000 2,193,790 2,326,000

Projected Cash Flow Statement

23
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

FY2020 FY2021 FY2022

Net Cash Flow from Operations ,000 755,500 800,000

Net Profit 750,000 3,970,000 4,180,500

Depreciation and Amortization

Change in Accounts Receivable

Change in Inventory

Change in Accounts Payable

Change in Income Tax Payable

Change in Sales Tax Payable

Change in Prepaid Revenue

Net Cash Flow from Operations

Investing & Financing

Assets Purchased or Sold

Investments Received

Change in Long-Term Debt

Change in Short-Term Debt

Dividends & Distributions

Net Cash Flow from Investing &

Financing

24
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Cash at Beginning of Period

Net Change in Cash

Cash at End of Period

25
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret
information and is shared only with the understanding that you will not share its contents or ideas
with third parties without the express written consent of the plan author.
Taste Buds Café

Appendix
Profit and Loss Statement (With Monthly Detail)

FY2020 Jan '20 Feb '20 Mar '20 Apr '20 May '20 Jun '20 Jul '20 Aug '20 Sep '20 Oct '20 Nov '20 Dec '20

Revenue 188,500 188,500 188,500 188,500 188,500 188,500 188,500 208,800 230,600 250,900 291,500 271,200

Direct Costs 45,000 45,000 45,000 45,000 45,000 45,000 45,000 55,000 65,000 75,000 95,000 85,000

Gross Margin 143,500 143,500 143,500 143,500 143,500 143,500 143,500 153,800 165,600 175,900 196,500 186,200

Gross Margin % 76.13% 76.13% 76.13% 76.13% 76.13% 76.13% 76.13% 73.66% 71.81% 70.11% 67.41% 68.66%

Operating
Expenses

Salary 64,000 64,000 64,000 64,000 64,000 64,000 64,000 64,000 64,000 64,000 64,000 64,000

Utilities 11,500 11,500 11,500 11,500 11,500 11,500 11,500 11,500 11,500 11,500 11,500 11,500

Employee
Related 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000
Expenses

Total
Operating 78,500 78,500 78,500 78,500 78,500 78,500 78,500 78,500 78,500 78,500 78,500 78,500
Expenses

26
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Operating
65,000 65,000 65,000 65,000 65,000 65,000 65,000 75,300 87,100 97,400 118,0O0 107,700
Income

Interest Incurred 0 0 0 0 0 0 0 0 0 0 0 0

Depreciation and
15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000
Amortization

Income Taxes 0 0 0 0 0 0 0 0 0 0 0 0

Total Expenses 93,500 93,500 93,500 93,500 93,500 93,500 93,500 93,800 95,600 95,900 96,500 96,200

Net Profit 50,000 50,000 50,000 50,000 50,000 50,000 50,000 60,000 70,000 80,000 100,000 90,000

Net Profit /
26.53% 26.53% 26.53% 26.53% 26.53% 26.53% 26.53% 28.74% 30.36% 31.89% 34.31% 33.19%
Sales

27
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Appendix
Profit and Loss Statement (With Monthly Detail)

FY2021 Jan '21 Feb '21 Mar '21 Apr '21 May '21 Jun '21 Jul '21 Aug '21 Sep '21 Oct '21 Nov '21 Dec '21

Revenue 390,000 385,000 390,000 390,000 395,000 400,000 415,000 445,500 455,000 460,000 470,000 440,000

Direct Costs 75,000 75,000 75,000 75,000 75,000 80,000 80,000 80,000 85,000 85,000 85,000 70,000

Gross Margin 315,000 310,000 315,000 315,000 320,000 325,000 335,000 365,500 370,000 375,000 385,000 370,000

Gross Margin % 80.77% 80.52% 80.77% 80.77% 81.01% 80.00% 80.72% 82.04% 81.32% 81.52% 81.91% 84.09%

Operating
Expenses

Salary 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000

Utilities 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000

Employee
Related 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000
Expenses

Total
Operating 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000
Expenses

28
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Operating
170,000 165,000 170,000 170,000 175,000 180,000 190,000 220,000 225,000 230,000 240,000 225,000
Income

Interest Incurred 0 0 0 0 0 0 0 0 0 0 0 0

Depreciation and
20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Amortization

Income Taxes 0 0 0 0 0 0 0 0 0 0 0 0

Total Expenses 165,000 165,000 165,000 165,000 165,000 165,000 165,000 165,000 165,000 165,000 165,000 165,000

Net Profit 150,000 145,000 150,000 150,000 155,000 160,000 170,000 200,500 205,000 210,000 220,000 205,000

Net Profit /
38.46% 37.66% 38.46% 38.46% 39.24% 40% 40.96% 45.01% 45.05% 45.65% 46.81% 46.59%
Sales

29
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Appendix
Profit and Loss Statement (With Monthly Detail)

FY2022 Jan '22 Feb '22 Mar '22 Apr '22 May '22 Jun '22 Jul '22 Aug '22 Sep '22 Oct '22 Nov '22 Dec '22

Revenue 645,000 670,000 680,000 705,000 715,000 725,000 735,000 740,500 750,000 780,000 785,000 785,000

Direct Costs 105,000 105,000 105,000 115,000 115,000 120,000 120,000 120,000 120,000 130,000 130,000 130,000

Gross Margin 540,000 565,000 575,000 590,000 600,000 605,000 615,000 620,500 630,000 650,000 655,000 655,000

Gross Margin % 83.72% 84.33% 84.56% 83.69% 83.92% 83.45% 83.67% 83.79% 84.00% 83.33% 83.44% 83.44%

Operating
Expenses

Salary 180,000 180,000 180,000 180,000 180,000 180,000 180,000 180,000 180,000 180,000 180,000 180,000

Utilities 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000

Employee
Related 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
Expenses

Total
Operating 220,000 220,000 220,000 200,000 220,000 220,000 220,000 220,000 220,000 220,000 220,000 220,000
Expenses

30
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Operating
320,000 345,000 355,000 370,000 380,000 385,000 395,000 400,000 410,000 430,000 435,000 435,000
Income

Interest Incurred 0 0 0 0 0 0 0 0 0 0 0 0

Depreciation and
40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000
Amortization

Income Taxes 0 0 0 0 0 0 0 0 0 0 0 0

Total Expenses 260,000 260,000 260,000 260,000 260,000 260,000 260,000 260,000 260,000 260,000 260,000 260,000

Net Profit 280,000 305,000 315,000 330,000 340,000 345,000 355,000 360,500 370,000 390,000 395,000 395,000

Net Profit /
43.41% 45.52% 46.32% 46.81% 47.55% 47.59% 48.30% 48.68% 49.33% 50% 50.32% 50.32%
Sales

31
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Profit and Loss Statement (Annual Detail)

FY2020 FY2021 FY2022

Revenue 2,572,500 4,621,500 8,715,500

Direct Costs 690,000 940,000 1,415,000

Gross Margin 1,882,000 4,100,500 7,300,500

Gross Margin % 73.71% 81.29% 83.78%

Operating Expenses

Salary 768,000 1,440,000 2,160,000

Utilities 138,000 240,000

Employee Related Expenses 36,000 60,000 120,000

Total Operating Expenses 942,000 1,740,000 2,640,000

Operating Income 940,500 2,360,000 4,660,000

Interest Incurred 0 0 0

Depreciation and Amortization 180,000 240,000 480,000

Income Taxes 0 0 0

32
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Total Expenses 1,132,000 1,980,000 3,120,000

Net Profit 780,000 3,970,000 4,180,500

Net Profit / Sales 28.68% 41.86% 47.85%

33
Taste Buds Café

Balance Sheet (With Monthly Detail)

Mar
FY2020 Apr '20 May '20 Jun '20 Jul '20 Aug '20 Sep '20 Oct '20 Nov '20 Dec '20 Jan '21 Feb '21
'20

Cash 129,208 129,208 129,208 129,208 129,208 129,208 129,208 129,208 129,208 129,208 129,208 129,208

Accounts Receivable 122,666 122,666 122,666 122,666 12,666

1,550,5 1,550,50
Inventory 1,550,500 1,550,500 1,550,500 1,550,500 1,550,500 1,550,500 1,550,500 1,550,500 1,550,500 1,550,5000
00 0

Other Current Assets 12,300 12,300 12,300 12,300 12,300 12,300 12,300 12,300 12,300 12,300 12,300 12,300

1,814, 1,814,6
Total Current Assets 674 74
1,814,674 1,814,674 1,814,674 1,814,674 1,814,674 1,814,674 1,814,674 1,814,674 1,814,674 1,814,674

Long-Term Assets 214,375 214,375 214,375 214,375 214,475 214,375 214,375 214,375 214,375 214,375 214,375 214,375

Accumulated Depreciation 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000

229,37 229,37
Total Long-Term Assets 229,375 229,375 229,375
5 5

2,044, 2,044,0
Total Assets 049 49
2,044,049 2,044,049 2,044,049 2,044,049 2,044,049 2,044,049 2,044,049

Accounts Payable 75,333 78,333 78,333 78,333 78,333 78,333 78,333 78,333 78,333 78,333 78,333 78,333

Income Taxes Payable 5,875 5,875 5,875 5,875 5,875 5,875 5,875 5,875 5,875 5,875 5,875 5,875

Sales Taxes Payable 4,208 4,208 4,208 4,208 4,208 4,208 4,208 4,208 4,208 4,208 4,208 4,208

34
Taste Buds Café

Short-Term Debt 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500

Prepaid Revenue 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333 8,333

101,2 101,24
Total Current Liabilities 101,249 101,249 101,249 101,249 101,249 101,249 101,249 101,249 101,249 101,249
49 9

Long-Term Debt 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166

130,4 130,41
Total Liabilities 130,415 130,415 130,415 130,415 130,415 130,415 130,415 130,415 130,415 130,415
15 5

Paid-in Capital 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166

Retained Earnings 12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500

Earnings 37,500 37,500 37,500 37,500 37,500 37,500 37,500 37,500 37,500 37,500 37,500 37,500

41,66
Total Owner's Equity 41,666 41,666 41,666 41,666 41,666 41,666 41,666 41,666 41,666 41,666 41,666
6

172,0 172,08
Total Liabilities & Equity 172,081 172,081 172,081 172,081 172,081 172,081 172,081 172,081 172,081 172,081
81 1

35
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Balance Sheet (With Monthly Detail)

Mar
FY2021 Apr '21 May '21 Jun '21 Jul '21 Aug '21 Sep '21 Oct '21 Nov '21 Dec '21 Jan '22 Feb '22
'21

Cash 130,208 130,208 130,208 130,208 130,208 130,208 130,208 130,208 130,208 130,208 130,208 130,208

Accounts Receivable 122,666 122,666 122,666 122,666 122,666 122,666 122,666 122,666 122,666 122,666 122,666 122,666

1,550,5 1,550,55
Inventory 1,550,550 1,550,550 1,550,550 1,550,550 1,550,550 1,550,550 1,550,550 1,550,550 1,550,550 1,550,550
50 0

Other Current Assets 12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500

1,815, 1,815,
Total Current Assets 1,815,924 1,815,924 1,815,924 1,815,924 1,815,924 1,815,924 1,815,924 1,815,924 1,815,924 1,815,924
924 924

Long-Term Assets 214,375 214,375 214,375 214,375 214,375 214,375 214,375 214,375 214,375 214,375 214,375 214.375

Accumulated Depreciation 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000

229,3 229,37
Total Long-Term Assets 229,375 229,375 229,375 229,375 229,375 229,375 229,375 229,375 229,375 229,375
75 5

2,045, 2,045,
Total Assets 2,045,299 2,045,299 2,045,299 2,045,299 2,045,299 2,045,299 2,045,299 2,045,299 2,045,299 2,045,299
299 299

Accounts Payable 80,333 80,333 80,333 80,333 80,333 80,333 80,333 80,333 80,333 80,333 80,333 80,333

36
Taste Buds Café

Income Taxes Payable 7,875 7,875 7,875 7,875 7,875 7,875 7,875 7,875 7,875 7,875 7,875 7,875

Sales Taxes Payable 4,210 4,210 4,210 4,210 4,210 4,210 4,210 4,210 4,210 4,210 4,210 4,210

Short-Term Debt 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500

Prepaid Revenue 8,400 8,400 8,400 8,400 8,400 8,400 8,400 8,400 8,400 8,400 8,400 8,400

108,3 108,31
Total Current Liabilities 108,318 108,318 108,318 108,318 108,318 108,318 108,318 108,318 108,318 108,318
18 8

Long-Term Debt 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166

137,4 137,48
Total Liabilities 137,484 137,484 137,484 137,484 137,484 137,484 137,484 137,484 137,484 137,484
84 4

Paid-in Capital 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166 29,166

Retained Earnings 13,500 13,500 13,500 13,500 13,500 13,500 13,500 13,500 13,500 13,500 13,500 13,500

Earnings 37,500 37,500 37,500 37,500 37,500 37,500 37,500 37,500 37,500 37,500 37,500 37,500

42,66
Total Owner's Equity 42,666 42,666 42,666 42,666 42,666 42,000 42,000 42,000 42,000 42,000 42,000
6

180,1 180,15
Total Liabilities & Equity 180,150 180,150 180,150 180,150 180,150 180,150 180,150 180,150 180,150 180,150
50 0

37
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Balance Sheet (With Monthly Detail)

M
ar
FY2020 Apr '20 May '20 Jun '20 Jul '20 Aug '20 Sep '20 Oct '20 Nov '20 Dec '20 Jan '21 Feb '21
'2
0

Cash

Accounts Receivable

Inventory

Other Current Assets

Total Current Assets

Long-Term Assets

Accumulated Depreciation

Total Long-Term Assets

Total Assets

Accounts Payable

Income Taxes Payable

Sales Taxes Payable

38
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Short-Term Debt

Prepaid Revenue

Total Current Liabilities

Long-Term Debt

Total Liabilities

Paid-in Capital

Retained Earnings

Earnings

Total Owner's Equity

Total Liabilities & Equity

39
Taste Buds Café

Balance Sheet (Annual Detail)

FY2020 FY2021 FY2022

Cash 1,550,500 1,600,500 2,250,500

Accounts Receivable 340,500 450,500 500,500

Inventory 68,000 72,500 76,500

Other Current Assets 8,000 8,000 8,000

Total Current Assets 1,967,000 2,131,500 2,835,500

Long-Term Assets 1,980,000 2,150,500 2,835,500

Accumulated Depreciation 180,000 240,000 480,000

Total Long-Term Assets 2,160,000 2,390,500 3,380,500

Total Assets 4,127,000 4,522,000 6,216,000

Accounts Payable 940,000 942,6000 950,500

Income Taxes Payable 70,500 75,690 80,000

Sales Taxes Payable 50,500 55,000 60

Short-Term Debt 90,000 85,000 85,500

40
Taste Buds Café

Prepaid Revenue 100,000 150,000 200,000

Total Current Liabilities 1,251,000 1,308,290 1,376,000

Long-Term Debt 350,000 380,000 400,000

Total Liabilities 1,601,000 1,688.290 1,776,000

Paid-in Capital 350,000 355,500 400,000

Retained Earnings 150,000 150,000 150,000

Earnings 450,000 495,000 500,000

Total Owner's Equity 500,000 505,500 550,000

Total Liabilities & Equity 2,101,000 2,193,790 2,326,000

41
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Cash Flow Statement (With Monthly Detail)

M
a
r
FY2021 Apr '17 May '17 Jun '17 Jul '17 Aug '17 Sep '17 Oct '17 Nov '17 Dec '17 Jan '18 Feb '18
'
1
7

Net Cash Flow from

Operations

Net Profit

Depreciation and
Amortization

Change in Accounts
Receivable

Change in Inventory

Change in Accounts Payable

Change in Income Tax

Payable

Change in Sales Tax Payable

Change in Prepaid Revenue

42
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Net Cash Flow from

Operations

Investing & Financing

Assets Purchased or Sold

Investments Received

Change in Long-Term Debt

Change in Short-Term Debt

Dividends & Distributions

Net Cash Flow from

Investing & Financing

Cash at Beginning of Period

Net Change in Cash

Cash at End of Period

43
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Cash Flow Statement (Annual Detail)

FY2018 FY2019 FY2020

Net Cash Flow from Operations

Net Profit

Depreciation and Amortization

Change in Accounts Receivable

Change in Inventory

Change in Accounts Payable

Change in Income Tax Payable

Change in Sales Tax Payable

Change in Prepaid Revenue

Net Cash Flow from Operations

Investing & Financing

Assets Purchased or Sold

Investments Received

44
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.
Taste Buds Café

Change in Long-Term Debt

Change in Short-Term Debt

Dividends & Distributions

Net Cash Flow from Investing & Financing

Cash at Beginning of Period

Net Change in Cash

Cash at End of Period

45
CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the
understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author.