Identify two key aspects of the business which are related to your business plan and create the performance report for each of them The reports must include An executive summary Main body Findings Recommendations 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 the 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 Executive Summary Sugar, Spice Everything Nice is a start up business that will offer artisanal cakes in tubs in Koronadal City Our products include chocolate, yema, cheese cupcakes, and mango floats Our vision is to be the leading artisanal sweet shop in the city, gearing towards a local representation that will eventually lead to global competition through cakes, sweets, and authentic products Our mission is to continually reinvent customers' perception of cakes in tubs by adding an authentic touch through incorporating local flavors and introducing collaborations with other MSMEs Product Description Our cakes in tubs are made from high quality ingredients and come in a variety of flavors Our products include chocolate, yema, cheese cupcakes, and mango floats We aim to offer unique flavors that are not commonly found in other bakeries Product or service for your business plan Cakes in tubs (chocolate, Yema, cheese cupcakes, and mango floats) Any relevant 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 In the Philippines, one must first register with the Department of Trade and Industry to start a business Market requirements Still, in the Philippines, the business must secure the mayor's permit, SEC registration, and DTI Permit Competitor information In Koronadal City, significant competitors of Sugar, Spice Everything Nice will be Sofia's cakes and pastries, Bascon Cakes, The Crookie, Calea, and Bob's Pricing information Mango Float tub P120 Chocolate Cake tub P150 Yema Cake tub P150 Cheese Cupcakes 5pcs pack P80 Each P15 Business vision, mission, and values Vision To be the leading artisanal sweet shop in the city, gearing towards a local representation that will eventually lead to global competition through cakes, sweets, and authentic products Mission Continually reinvent customers' perception of cakes in tubs by adding an authentic touch through incorporating local flavors and introducing collaborations with other MSMEs Values Provide the best cakes in tubs to every customer, practice ethics in dealing with suppliers, and ensure to meet and exceed customer expectations

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

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

The reports must include:

An executive summary
Main body
Findings
Recommendations.

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 the 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
Executive Summary: Sugar, Spice & Everything Nice is a start-up business that will offer artisanal cakes in tubs in Koronadal City. Our products include chocolate, yema, cheese cupcakes, and mango floats. Our vision is to be the leading artisanal sweet shop in the city, gearing towards a local representation that will eventually lead to global competition through cakes, sweets, and authentic products. Our mission is to continually reinvent customers' perception of cakes in tubs by adding an authentic touch through incorporating local flavors and introducing collaborations with other MSMEs.

Product Description: Our cakes in tubs are made from high-quality ingredients and come in a variety of flavors. Our products include chocolate, yema, cheese cupcakes, and mango floats. We aim to offer unique flavors that are not commonly found in other bakeries.

Product or service for your business plan. Cakes in tubs (chocolate, Yema, cheese cupcakes, and mango floats)

Any relevant 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

In the Philippines, one must first register with the Department of Trade and Industry to start a business.

Market requirements

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

Competitor information

In Koronadal City, significant competitors of Sugar, Spice & Everything Nice will be Sofia's cakes and pastries, Bascon Cakes, The Crookie, Calea, and Bob's.

Pricing information

Mango Float/tub- P120
Chocolate Cake/tub - P150
Yema Cake/tub- P150
Cheese Cupcakes: 5pcs/pack- P80 Each- P15

Business vision, mission, and values

Vision: To be the leading artisanal sweet shop in the city, gearing towards a local representation that will eventually lead to global competition through cakes, sweets, and authentic products.
Mission: Continually reinvent customers' perception of cakes in tubs by adding an authentic touch through incorporating local flavors and introducing collaborations with other MSMEs.
Values: Provide the best cakes in tubs to every customer, practice ethics in dealing with suppliers, and ensure to meet and exceed customer expectations.