The Wild Eatery 1
The Wild Eatery 1
The Wild Eatery 1
_______________________________________________________
A Business Plan
Philippines
_______________________________________________________
In Fulfillment
of the Requirements for the
Subject ENTREP 100
_______________________________________________________
By:
May 202
TABLE OF CONTENTS
Cover Page I
Table of Contents II
Executive Summary IV
CHAPTER
1 COMPANY
Products 5
Supplier 6
3 MARKET ANALYSIS
Target Market 7
Competitors 8
SWOT Analysis 9
Competitive Edge 10
4 STRATEGY
Distribution Strategy 12
Sales Strategy 14
Pricing 15
Branding 17
5 OPERATIONS
6 FINANCIAL PLAN
Start-up Funding 20
Initial Cost 21
APPENDICES
Location Map 27
Store Lay-out 28
Sample Product and Services 29
Executive Summary
The Wild Eatery: Livestock Feeds 'N Supply is a visionary enterprise set to launch in the
heart of Talibon, Bohol, Philippines. Founded by Feriand Dave Maglasang, an individual
with a rich background in the agriculture and livestock industry, the business is
dedicated to providing high-quality livestock feeds and agricultural supplies. The Wild
Eatery stands out with its commitment to integrating technology, fostering innovation,
and maintaining a strong focus on customer relationships and sustainability.
Strategically located in Poblacion, Talibon, The Wild Eatery is positioned to tap into the
vibrant markets of agriculture and livestock. The business plan outlines a
comprehensive strategy that includes an extensive product assortment, meticulous
quality control, and a pledge to sustainable practices. The Wild Eatery aims to be the
region’s trusted partner for thriving farms and a flourishing agricultural industry, with a
mission to equip farmers with the knowledge, resources, and support they need for
sustainable success.
The competitive edge of The Wild Eatery lies in its use of smart technology to
streamline operations, a strong online presence through social media and a dedicated
website, and a reputation built on sustainability and competitive pricing. The
distribution strategy is designed to ensure the availability of products across a wide
array of outlets, employing a strategic blend of direct sales and indirect channels,
including partnerships with local farm supply stores, supermarkets, and specialized
agricultural retailers.
The financial backbone of The Wild Eatery is solid, with ₱2,000,000.00 in start-up
funding, comprising personal savings and a business loan from the Land Bank of the
Philippines. This funding is allocated to inventory acquisition, store setup, delivery
vehicle purchase, marketing, working capital, and securing necessary licenses and
permits. The business is set to offer a diverse range of products, from various animal
feeds to veterinary medicines, seeds, plants, fertilizers, and agricultural supplies, all
competitively priced to cater to the needs of the local farming community.
The sales strategy of The Wild Eatery is centered around nurturing relationships with
customers, employing a CRM system to enhance customer interactions, and offering
incentives for bulk purchases. The promotion strategy includes digital marketing,
educational workshops, and loyalty programs, while operating hours are tailored to the
farmers’ schedules, providing convenience and accessibility.
1
Introduction
The Wild Eatery: Livestock Feeds’N Supply is a pioneering force in the agricultural
sector, providing a critical component to the global food supply network. Situated in the
vibrant community of Talibon, Bohol, this enterprise transcends the traditional role of a
feed store to become a center of agricultural advancement and support for the livestock
industry. Strategically located, The Wild Eatery taps into the dynamic markets of
agriculture and livestock. The increasing demand for superior quality animal products
and supplies positions the company as the preferred destination for farmers and
livestock owners who value convenience and excellence.
The company's commitment to growth is evident in its pledge to broaden its product
assortment, encompassing an extensive range of feeds, supplements, and health
products. This expansion is designed to accommodate a diverse array of animals, from
exotic pets to specialized breeds, ensuring a tailored solution for every client. The Wild
Eatery's dedication to quality is unwavering, with a meticulous quality control process
that includes sourcing from esteemed suppliers and consistent testing. This ensures
that all products adhere to the highest standards, forming the foundation of the
company's reputation for excellence.
Customer relationships are the cornerstone of The Wild Eatery's philosophy. The expert
team is always available to offer customized advice and support, guaranteeing that
clients depart with the right products and the knowledge for effective application.
2
Embracing modern technology, The Wild Eatery aims to enhance operational efficiency
and broaden its digital footprint. This not only streamlines internal processes but also
widens the company's market reach.
With a clear vision and comprehensive strategy, The Wild Eatery: Livestock Feeds’N
Supply is on a trajectory to transform the livestock feed and agricultural supply
industry. The company's steadfast commitment to quality, innovation, and customer
service positions it to not just satisfy current market needs but to also anticipate and
shape future trends.
Vision
To be the region's trusted partner for thriving farms and a flourishing agricultural
industry.
Mission
Provide top-quality livestock feeds and agricultural supplies that consistently
exceed customer expectations, ensuring optimal animal health and crop yields.
Equip farmers with the knowledge, resources, and support they need to achieve
sustainable success, fostering a thriving agricultural community.
Ownership
Feriand Dave Maglasang, the sole proprietor of “The Wild Eatery,” brings a unique
blend of expertise and passion to the enterprise. The business, legally recognized as a
Sole Proprietorship, is a testament to the commitment to providing high-quality
livestock feeds and agricultural supplies.
3
Below is the owner’s qualifications:
Name: Feriand Dave Maglasang
Experience: 5 years in the agriculture and livestock industry
Education: Bachelor of Marine Transportation
Location
The Wild Eatery: Livestock Feeds ‘N Supplies is set to be a pivotal establishment in
Poblacion, Talibon, Bohol, capitalizing on the region's robust agricultural sector and the
local government's supportive policies. With Poblacion's dense population of livestock
farmers, The Wild Eatery has direct access to a significant market in need of high-
quality feed and supplies.
Bohol's rapid development and the government's initiatives like the BALA Program and
Special Area for Agricultural Development offer The Wild Eatery opportunities for
growth, training, and potential financial support. These efforts, coupled with the
community's commitment to sustainable agriculture, create an ideal environment for
The Wild Eatery to thrive.
4
CHAPTER 2
PRODUCTS AND SERVICE
The Wild Eatery: Livestock Feeds 'N Supplies will offer a variety of supplies ranging
from agriculture to livestock including but not limited to feeds, agricultural supply,
vitamins, and tools. Catering wide range of the following animals:
Pigs
Chicken
Cow
Carabao
Fish (fish pond)
Birds
Dog and cat ( household pets)
Horse
Goat
In line with that The Wild Eatery: Livestock Feeds 'N Supplies also provides the
following services:
Custom Made Feeds
Delivery (Selective)
The Wild Eatery will continue to offer all of the above great products, while evaluating
the desire and need by our customers for the following items.
Products
A Complete Line of Feeds for All Animals (Starter feeds, Grower feeds, Finisher
feeds, Maintenance feeds, Specialty feeds)
Books (Related to Animals)
Exotic Animal Feed
Home and Garden Accessories
Landscape Supplies
Live Animals
5
Organic Gardening
Plants, Flowers and Trees
Ponds and Water Gardens
Shanties
Tools and Gloves
The Wild Eatery will continue to offer the existing services, but we will also be
expanding our services to include the following as customers demonstrate an interest in
supporting the addition of such services. Services (Delivery (Full Time), Equine
Massage, Equine Boarding and Stable).
Supplier
Certified by Department of Agriculture for compliance with industry standards and
regulations. Accredited distributor for leading agricultural brands and manufacturers.
Contact Information:
Green Fields Agro Suppliers
Address: 5588 Looc, Mandaue City Cebu
Phone: 09510776986
Email: [email protected]
6
CHAPTER 3
MARKET ANALYSIS
Target Market
Since Bohol is rural area with abundance of agriculture and livestock livelihood, the
Wild Eatery: Livestock Feeds ‘N Supplies focuses more of its target market to the
livestock farmer, Livestock producers, family-run backyards and local communities.
Small and big farmers represent a significant segment, characterized by their need for
cost-effective yet high-quality feeds and supplies. Tailoring product offerings to meet
their varying scale of operations and crop or livestock types can enhance market
penetration and customer satisfaction. Additionally, implementing strategies such as
bulk pricing or loyalty programs can incentivize repeat purchases and foster long-term
relationships with these customers.
Family-owned small backyard farms represent a niche market segment with distinct
preferences for natural and sustainable products. Understanding their desire for
environmentally friendly options and chemical-free feeds can guide product
development and marketing strategies. Emphasizing the health benefits of your feeds
for both animals and consumers, as well as highlighting your commitment to
sustainable agricultural practices, can resonate strongly with this customer group and
drive sales.
7
Local communities, including urban and rural areas, present an opportunity to tap into
grassroots demand for agricultural supplies and feeds. Engaging with community
organizations, participating in local events, and offering educational workshops can help
raise awareness of your brand and establish strong connections within these markets.
By positioning your business as a trusted resource for all things agriculture-related, you
can become a go-to supplier for community gardens, school programs, and small-scale
farming initiatives.
Competitors
JM Poultry & Livestock Supply (JM Poultry) is a chain of agrivet stores. It serves as the
marketing arm of Universal Feed Mill Corp, exclusively distributing Unifeeds and Pit
Fighter products. In addition to feed distribution, JM Poultry also provides veterinary
medicines from both multinational and local veterinary companies. The company was
established in 1984 by Dr. Avelino and Mrs. Elenita de Manuel with the goal of offering
quality and reasonably priced feeds, farm services, animal health products, and other
specialty items to backyard and commercial raisers.
Roi’s Agrivet Supplies is a one-stop shop for all agricultural and livestock supply needs
in the province. Their policy is to serve every customer, regardless of gender, race, or
origin. Whether you’re a backyard farmer or a commercial raiser, Roi’s Agrivet Supplies
aims to provide quality service and essential supplies to support your operations.
8
Agrilife Philippines
Agrilife Philippines is an agrivet outlet that was established in 2021. They currently
operate 17 stores across the Visayas and Mindanao regions. Their mission is to serve as
a one-stop shop for all your agricultural and livestock needs. Agrilife partners with the
best suppliers to create diverse and cost-efficient product offerings for everyday animal
husbandry activities. They provide a wide range of veterinary medicines, quality agrivet
accessories, and feeds for all types of livestock.
Pioneer Agrivet Supply, is a vital agricultural veterinary supply store catering to the
needs of livestock farmers. This branch, part of the PMC Agrivet Supply network, offers
a wide range of products essential for livestock health and farming operations. With a
commitment to quality and service, Pioneer Agrivet Supply serves as a reliable source
for livestock feeds, veterinary products, and other agricultural supplies in the region
SWOT Analysis:
9
1.supply chain 1. competition 1. supply chain 1.expense
challenge
WEAKNESSES 2.environmental 2.financial 2. seasonal
concern constraints dependency
2. competition
3.market volatility 3. supply chain 3. competition
challenge 3.financial
constraints
Competitive Edge
Technology –The Wild Eatery are integrated with smart technology to keep our
operations smooth and our shelves stocked. Our digital tools analyze trends and
customer needs, guiding us to make smart choices quickly. Plus, we’re building an
online space such as social media platforms to share tips, gather some feedbacks and
build connections with our customers.
Innovation -The Wild Eatery will innovate the Talibon feed and supply market with our
unique marketing. Our plan includes advanced feeding systems, sustainable practices,
and a strong online presence. We will offer personalized service, online shopping, and
educational events to engage customers. Our commitment to sustainability and
10
standout packaging will set us apart, ensuring The Wild Eatery leads in the agricultural
sector.
Reputation – The Wild Eatery will focus on sustainability and economical prices to
build a strong brand reputation. Engage in regenerative agricultural practices and
highlight your commitment to green initiatives. Share success stories and customer
testimonials to build trust and credibility.
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CHAPTER 4
STRATEGY
Distribution Strategy
The Wild Eatery stands at the forefront of transforming the livestock feed and
agricultural supply landscape in Poblacion, Talibon. Our meticulously designed
distribution strategy ensures that our superior-quality products are within easy reach of
every livestock farming household in the area. Adopting an intensive distribution
approach, we are set to deeply penetrate the market via a solid network of indirect
distribution channels.
12
Online Marketplaces: Showcase our products on e-commerce platforms
specializing in agricultural supplies, thereby broadening our audience.
Marketing Plan:
Product Positioning: Highlight the exceptional quality and nutritional benefits of
our feeds, tailored to meet the unique requirements of livestock farmers in
Bohol.
Pricing Strategy: Implement competitive pricing models with volume discounts to
entice and maintain a loyal customer base of large-scale purchasers.
Promotional Tactics: Execute precise advertising campaigns, participate in
agricultural expos, and harness the power of social media to elevate brand
visibility and recognition.
13
Sales Strategy
At The Wild Eatery, we’re not just selling feeds; we’re nurturing relationships. Our sales
strategy is the heartbeat of our mission, pumping vitality into every transaction with the
farmers of Talibon. We recognize the unique needs of each farming household and
respond with a personalized touch.
Key Initiatives:
Promotion Strategy:
Digital Marketing: Connecting with our audience where they live online,
showcasing the value we bring to their farms.
Educational Workshops: Sharing knowledge to grow together, establishing The
Wild Eatery as a thought leader in livestock nutrition.
Loyalty Programs: A thank-you to our repeat customers, with perks that keep
them coming back.
Operating Hours:
Weekdays: 8:00 AM - 6:00 PM, aligning with farmers’ schedules for convenience.
Weekends: 9:00 AM - 4:00 PM, balancing customer service with operational
needs.
Special Hours: Adapting to the farming seasons with extended hours or delivery
services to support our customers’ busiest times.
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Pricing
15
Retinol Palmitate + Cholecalciferol 350
Seeds & Plants
Watermelon Sugar Baby 1,112.00
Sweet Pepper Yolo Wonder 656
Hybrid Red Sorghum (High Yield Variety) 1 Kilo 845
Zucchini Squash Hybrid Gold Rush 899
Mixed Color Mini Lotus Water Lily Bonsai 217.77
Various Fruit Tree Seedlings (per piece) 150.00 - 500.00
Fertilizers
Plantcare Fortified Liquid Organic Fertilizer 2,282.00
Osmocote Fertilizer - Canister 1 Kilo 749
Agricultural Supplies
Insecticides 500 - 1,500
Fungicides 600 - 1,800
Rodenticides 250 - 700
Molluscicides 300 - 900
Plant Growth Regulators 750 - 2,000
Biopesticides 1,000 - 2,500
Soil Conditioners 500 - 1,500
Hydroponic Supplies 2,000 - 10,000
Irrigation Supplies 1,000 - 15,000
Protective Gear 100 - 1,000
Testing Kits 500 - 3,000
Greenhouse Films 1,500 - 5,000
Shade Nets 800 - 2,500
Plant Support Structures 2
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Branding
At The Wild Eatery, our brand is more than just a name; it’s a promise of quality,
reliability, and unwavering support for the agricultural community. Our vision to become
the most trusted supplier in the region is the cornerstone of our branding strategy. We
are committed to delivering high-quality livestock feeds and agricultural supplies that
empower farmers and contribute to the prosperity of local agriculture.
Trust and Reliability: Our vision emphasizes our goal to be the most trusted and reliable
source in the market, assuring customers of our dependability and consistent quality.
Quality Commitment: We pledge to provide only the best products, aligning with our
mission to offer top-tier supplies that foster success for farmers and livestock owners.
Sustainable Practices: Our focus on sustainability reflects a modern approach to
agriculture, ensuring that we meet today’s needs without compromising the future.
Exceptional Service: We promise unbeatable service, ensuring that every interaction
with The Wild Eatery is positive and productive.
Competitive Pricing: Our commitment to affordability is clear in our mission,
guaranteeing that our prices remain competitive without sacrificing quality.
Our branding is a reflection of our dedication to nurturing growth and sustaining life,
encapsulating our role as a catalyst for success in the agricultural sector. The Wild
Eatery is not just a supplier; we are a partner in progress, dedicated to cultivating
success and enriching lives.
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Chapter 5
Operations
owner / manager
Truck driver /
Cashier Labor
delivery
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and proving a receipt to
every customer.
Number of Employees
As the owner of The Wild Eatery, I've decided to start with a lean and efficient
team of 4 dedicated individuals. I will personally oversee all aspects of the business,
from sourcing the finest livestock feeds and agricultural supplies to building strong
relationships with our valued customers in the Poblacion, Talibon community. Our
friendly and knowledgeable Cashier/Customer Service Representative will be the
welcoming face of our store, handling transactions, answering questions, and ensuring
a positive experience for everyone who walks through our doors. Our reliable Delivery
Driver/Laborer will ensure timely product delivery while also assisting with various tasks
around the store, from order preparation to inventory management. An additional
Laborer will provide further support in fulfilling orders and maintaining the store,
ensuring a smooth and efficient operation.
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CHAPTER 6
FINANCIALPLAN
Start-up Funding
The Wild Eatery is launching with ₱2,000,000.00 in start-up funding. This is comprised
of ₱1,000,000.00 from my personal savings, reflecting my strong belief in this venture,
and a ₱1,000,000.00 business loan secured from the Land Bank of the Philippines. This
financial infusion will be strategically allocated to establish a strong foundation for the
business:
20
This combined funding strategy, utilizing a blend of personal investment and a bank
loan, allows The Wild Eatery to launch with confidence, ensuring we have the resources
to meet the needs of our customers, build strong relationships within the community,
and contribute to the growth of Bohol's agricultural sector.
Initial Cost
Inventory
Acquisition
(₱800,000.00)
Mineral mixes,
protein
Address specific
supplements,
Specialty Feeds 150,000.00 nutritional
lactation feeds,
requirements
performance
enhancers
21
Organic chicken
Catering to
feed, organic pig
Organic Feeds 100,000.00 sustainable
feed, organic cattle
farming practices
feed
Improve soil
Lime, gypsum, rock
Soil Amendments 30,000.00 health and
phosphate
fertility
Insecticides,
fungicides, Natural and
Pest Control 40,000.00
herbicides (organic synthetic options
and conventional)
Vegetable seeds,
fruit tree saplings, Locally adapted
Seeds 25,000.00
rice seeds, corn and high-quality
seeds
Shovels, rakes,
hoes, sprayers, Basic farming
Tools & Equipment 25,000.00
watering cans, tools
wheelbarrows
22
For storing and
Packaging Bags, containers,
50,000.00 presenting
Materials labels
products
Adequate storage
Metal shelving,
Shelving & Displays 80,000.00 and attractive
racks, bins
displays
Dedicated space
Desk, chairs,
Consultation Area 20,000.00 for customer
signage
consultations
23
System computer, scanner transactions
Delivery Vehicle
(₱400,000.00)
Marketing and
Promotion
(₱100,000.00)
Storefront sign,
banners, Creating a visible
Signage 20,000.00
promotional presence
materials
Distributing
Flyers & Brochures Design and printing 10,000.00
information
Social media
Reaching a wider
Social Media advertising 30,000.00
audience
campaigns
Website Establishing an
Basic website 20,000.00
Development online presence
24
Radio ads,
newspaper ads, Reaching the
Local Advertising 20,000.00
community local community
sponsorships
Working Capital
(₱300,000.00)
Secure a suitable
Rent 3 months' rent 60,000.00
location
Electricity, water,
Essential for daily
Utilities internet for 3 30,000.00
operations
months
Licenses and
Permits
(₱50,000.00)
Municipal business
Business Permit 20,000.00 Legal operation
permit
25
Sanitary permit
Health and safety
Sanitary Permit from the local 10,000.00
compliance
health department
DTI registration,
Registering the
Other Permits BIR registration, 20,000.00
business
etc.
Total Initial
2,000,000.00
Investment
26
APPENDICES
Location Map
Located in Polacion public market, Talibon, Bohol
27
Store Lay-out
28
Sample Product and Services
Livestock feeds
29
Veterinary Medicine
30
Agricultural Supplies
31