Undergraduate Feasibility Study Bachelor of Science in Business Administration Major in Financial Management University of Rizal System Binangonan 2022

Includes bibliographical references

The "Establishment of ADOB-On-Board Food Truck in Brgy. Muzon, Taytay, Rizal" Feasibility Study was suggested by the proponents to determine whether the company would be feasible in the area. The reason the proponents chose to suggest this type of company was that it would not only be a wonderful choice for start-up business owners since it would be a mobile restaurant, giving them greater locational flexibility, but also because there is a significant amount of demand that still needs to be met. The "ADOB-On-Board" food Truck will serve delicious and reasonably priced foods in addition to high-quality food and exceptional service. To meet the demand. the researchers will reinvent and restructure the adobo, which the Filipinos had embedded in their culture as a sort of viand, into our favorite kinds of snacks and meals. Since today's population is continually expanding, moving quickly, or always busy, people tend to understand the notion of fast food better, which leads to the expansion of the fast food sector, which comes in a variety of shapes and sizes. The goals of this proposed business go beyond just making a profit; they also include giving consumers new. food options, saving them time while cooking, generating employment chances in the neighborhood, and even helping the goverment and its sector thrive. The "ADOB-On-Board Food Truck will be located mainly at Brgy. Muzon. Taytay, and it will be roaming around its nearby barangays. It will run in two shifts, six days a week, from Tuesday through Sunday, with Mondays serving as the employees days oft. The first and second shifts are respectively from 8:00 AM to 4:00 PM and 4:30 PM to 12:30 AM. The daily required equipment check-up and maintenance will be place within the 30-minute window. Each dish on the menu will have a starting supply of 250 pax of serving on the food truck. The initial capital of Php 1,200,000 was provided by each of the business's backers, each contributing Php 400,000, in order to launch the business. This money will be used to customize and prepare the food truck itself as well as to prepare the goods that the enterprise would sell to the general public. Additionally, in order to safeguard the name and reputation of the soon-to-be-established business entity as entity as well as the security and legal rights of each customer, the owners or the proponents had to abide by all applicable legal requirements and submit the required paperwork to local and federal authorities. The proponents will require one cook, one cashier, and one server for each of the two shifts in order to run the business. And in correspondence to their job descriptions, these employees will receive fair salaries as well as mandatory benefits. The information gathered in our survey was utilized as a reference by the proponents to determine how much food to prepare and anticipate, what sorts of food customers want, and how much to charge for the products that would be offered. Advertising and marketing will assist the company in growing sales in order to build brand recognition. In addition to some more conventional techniques like fliers and word of mouth, the company wil also employ social media marketing to virtually reach more people on sites like Facebook, Instagram, Twitter, and other social media platforms. The proponents put up and presented financial data that showed both their own return on investment and the anticipated earnings the business will make. The proposed food truck business has an expected payback period, the amount of time needed to recoup the cost of investment, of less than a year, with a Return on Investment of 24.27% during the first year and it wil continue to rise up to a 31.80% of ROl on the 5th year which means that the assets and investments were managed effectively to generate profits over the time period. Since the planned firm offers a speedy return on investment and the potential to develop further in the future, the payback time may persuade investors to put money into it. However, the company's goals extend beyond purely financial success and include contributing to society as well. The projected food truck enterprise would continue to support the development of the Philippine labor, households, and economy while upholding social obligations and responsibilities. In every business, there are risks and problems encountered which hinders the progress and the success of the business. Some of the problems are the following: inflation or the increasing price of the raw matenais, fierce competition in the food and food truck industry, the possibility to declining customers satisfaction. the availability of the area where the food truck will be parked as well its corresponding rules and regulations to follow depending on the location, and even the payment for repair and maintenance. In order to mitigate and even prevent these problems, the proponents came up with recommendations and solutions for the business to continue operating despite facing such hindrances. After taking into account all relevant factors, including the Market, Technical, Financial, Management, and Socio-Economic Study, and after analyzing the findings, the proponents came to the conclusion and suggested that it is feasible to establish the ADOB-On-Board Food Truck in Brgy. Muzon, Taytay, Rizal.