7. Identify two key aspects of the business which are related to your business plan and prepare the performance report for each of them.

The reports must include:

• An executive summary
• Main body
• Findings
• Recommendations.

8. Following on from Question 7, analyse the reports you developed against the planned objectives and identify where changes can be made to improve performance.

Write short report to include:

• Whether current performance is in line with the planned objectives
• What issues there may be
• How performance may be improved.

Attach your completed report to your workbook.

BUSINESS PLAN

• Cakes in tubs
• Flavors include:
  • Chocolate
  • Yema
  • Cheese Cupcakes
  • Mango Float

Organizational or legislative frameworks:

• General Partnership- In a general partnership, participants consent to accepting virtually limitless personal liability. In contrast to, instance, a partnership organized as a limited liability partnership or a limited liability corporation, liabilities are not limited. Partners are accountable for the debts, and an owner's assets may be seized. Also, any partner might be held liable for the obligations of the company.
• Conceptual Business Model - A visual model made out of concept definitions is a conceptual model. The conceptual model makes reference to enhancing interpersonal communication and defining corporate language. The conceptual model can be applied in a variety of contexts where business documentation is required.

Business requirements

• Barangay Clearance
• Mayor's Business Permit
• Bureau of Internal Revenue (BIR) registration of documents
• Social Security System Registration (SSS)
• PhilHealth Registration
• PagIbig Registration
• DTI Registration

Market requirements

• Still, in the Philippines, the business must secure the mayor's permit, SEC registration, and DTI Permit.

Competitor information

Significant Competitors in Koronadal City:

• Sofia's cakes and pastries.
• Bascon Cakes.
• The Crookie, Calea, and Bob's.