Executive Summary on Bee Farming Business
I. Executive Summary
A. Type of Business Nature
The nature of the business is bee farming. The proponents’ primary purpose is to examine the impact of interventions in bee-keeping. Beekeeping (apiculture) does well in a wide range of agro-ecological zone and fits into a broader category of diversification of agricultural activities. The intervention provides an avenue for increased income.
Name
The proponent chose “BAMBU BEE FARM” as a business name. It’s because the word BAMBU came from the first letter of the partners’ last names. The location of the business will be Agbuacan, Agsungot, Cebu City.
Products/Services
The proposed business revolves on bees and the production of honey.
B. Management, Marketing & Financial Highlights
The business is a sole proprietorship. It does not need to have a complicated business venture to have a successful beekeeping business.
In the marketing aspect, the businesses that require the use of honey are: bakeshops as an alternative for sugar, fast food chains (i.e. McDonald’s, Jollibee, etc.) as syrups for breakfast meals, skin clinics as facial masks or treatments, and households for personal use. As there are lesser producers for organic honey which is the main product of the proposed business than processed honey, competition is not that high so the business is not that risky. In financial aspect, it shows the financial activities and its profitability in operating the business. With only a little capital, the return on investments will be fairly high.
C. Socio-Economic Contributions
Mankind has been interested with bee farming/beekeeping for centuries even before the use of sugar cane has been discovered because of honey – use as a primary sweetener. This golden, sweet treat is from the nectar of the flowers, gathered by the bees. As a result, agriculture has recognized the primary participation of bees in the pollination of the different fruits and flowers around us. Many
A. Type of Business Nature
The nature of the business is bee farming. The proponents’ primary purpose is to examine the impact of interventions in bee-keeping. Beekeeping (apiculture) does well in a wide range of agro-ecological zone and fits into a broader category of diversification of agricultural activities. The intervention provides an avenue for increased income.
Name
The proponent chose “BAMBU BEE FARM” as a business name. It’s because the word BAMBU came from the first letter of the partners’ last names. The location of the business will be Agbuacan, Agsungot, Cebu City.
Products/Services
The proposed business revolves on bees and the production of honey.
B. Management, Marketing & Financial Highlights
The business is a sole proprietorship. It does not need to have a complicated business venture to have a successful beekeeping business.
In the marketing aspect, the businesses that require the use of honey are: bakeshops as an alternative for sugar, fast food chains (i.e. McDonald’s, Jollibee, etc.) as syrups for breakfast meals, skin clinics as facial masks or treatments, and households for personal use. As there are lesser producers for organic honey which is the main product of the proposed business than processed honey, competition is not that high so the business is not that risky. In financial aspect, it shows the financial activities and its profitability in operating the business. With only a little capital, the return on investments will be fairly high.
C. Socio-Economic Contributions
Mankind has been interested with bee farming/beekeeping for centuries even before the use of sugar cane has been discovered because of honey – use as a primary sweetener. This golden, sweet treat is from the nectar of the flowers, gathered by the bees. As a result, agriculture has recognized the primary participation of bees in the pollination of the different fruits and flowers around us. Many