The Market
The market for Siomai Making Machine is huge in the Philippines.
The researcher has identified two distinct market segments that they will market their products to. The first segment is the DIY segment of individuals. The second segment is people that will utilize a semi-automatic machine to have the products made at their home.
The Product
Siomai Making Machine is introduced to the market, but has planned to mass produce for greater markets’ demand. Since it is semi-automatic, Siomai Making Machine can save the individual entrepreneur from 70%-90% of the total time and effort spent on making siomai.
The Management
Siomai Making Machine is invented by Mr. Rey Pauig (informations about the inventor)
1.1 Objectives
• To become the premier manufacturer of Siomai Making Machine in the Philippines.
• To quickly gain market penetration within the first three years.
1.2 Mission
Siomai Making Machine mission is to become the premier, offering the highest quality products and customer service while saving customers money and making positive contributions to our environment.
1.3 Keys to Success
• Providing cutting edge, reliable, and simple-to-use and maintain quality of products. • Designing and implementing strict financial controls.
2.0 Start-up Summary
Sun Heat will require the following items for startup of the business:
• (materials used in making the machine)
• Website development.
• Manufacturing site/warehouse) • Etc
Table: Start-up Funding
(information about inventory needed before we can make this table)
Chart: Start-up
(chart depends on the table)
3.0 Products
There are many successful Filipino entrepreneurs who started their business in a tight