Siomai Business Proposal

7 July 2016

Siomai is one of the bestseller in food business industry nowadays and many people find it a good business venture. It is a very versatile dish. It can be eaten solo as a snack, or served with rice to make a full meal, so you can sell it anytime of the day. Ingredients for making siomai are readily available in supermarkets and public markets; some you’ll even find in your own kitchen right now. Plan Location of the Business The business is planning to locate in place near at school and in the neighborhood because of mass number of people on those places.

Siomai making and selling is a very good business to look forward for. It can be sold anytime and almost anywhere. Having this kind of business requires time and effort as well as right marketing strategies. This business is in terms of food in which we have to make sure that the business observes cleanliness and right sanitation should be observed. The objective of Siomai business is to bring affordable food without losing its delicious taste. This business doesn’t require a big profit; in addition, it aims to help those people who are staying at home to earn profit and to make them more productive.

Siomai Business Proposal Essay Example

Since we are planning a location near at school, and on neighborhood, our target market are mostly students and people who passes as well as people who stays on their houses and craving for some food/s to eat. Competitors Small businesses have many competitors all around them. Like in school, there are lots of food carts as well as canteens who sells different foods that sometimes Siomai is also one of their offered food. Likewise, selling on the neighborhood can also have lots of competitors, like carinderias and some food carts that are roaming around. How does your product differ from others?

We will make sure that our product (Siomai) would be different from other siomai businesses as well as our other competitors in terms of taste and service that we will offer. (yung mga prices na tska yung kikitain) How will you meet the demand, beat competitors and operate profits? Pork Siomai Ingredients: 1 kg ground pork (suggested proportion of fat to lean meat is 1:3) 1/3 cup chopped water chestnuts or turnips (singkamas) 3/4 cup chopped carrots 2 tbsp or 4 cloves minced garlic 2 medium or 1 large minced onion(s) bunch of spring onions or leeks 1 egg 5 tablespoons sesame oil 1 teaspoon freshly ground pepper

1 teaspoon salt 5 g seasonings 50 pcs. large or 100 pcs. small wanton or siomai wrapper Soy sauce, calamansi (lemon or kumquats), sesame oil and chilli paste (for the sauce) Siomai Cooking Instructions: Mix all the ingredients for the filling in a bowl. Arrange 10 wrappers in a tray, and weigh 100 g of siomai mixture. Place 2 tsp of meat in each wrapper until nothing is left unfilled. Each wrapper will have 10 grams of siomai. To enclose, gather up the edges of the wrapper and gently fold it so that it forms a basket shape, with the top of the filling exposed. Press lightly as you pleat each side.

Or, if you don’t want to expose the filling, use a bigger wrapper. Do the same to the remaining meat mixture. Meanwhile, boil water and brush steamer with oil. When the water gets to a rolling boil, arrange the siomai in the steamer and let stand for 15-20 minutes, longer for larger pieces. Serve with soy sauce, calamansi and sesame oil. Chilli paste is optional. Chili Sauce for Siomai: 1/8 kilo Chillies (Siling Labuyo) 3 tablespoons cooking oil 2 cloves garlic, peeled and minced dried shrimp or meat finely chopped or grind (Adds more flavor but optional) Siomai Chilli Sauce Cooking Instruction:

Combine chopped chillies, dried shrimp or meat and minced garlic then simmer for around 20 minutes or till most of the water has evaporated. Add oil, simmer and stir well. Put your cooked Siomai in a nice packaging when planning to sell it. Siomai can be marketed in schools, offices, or to your neighbors. How to Start a Siomai Business 1. Name your business In choosing a name for your business, it has to be something related to your product, unique and easy to remember. 2. Register your business To make your business legal and functional there are several government agencies you have to register with.

Learn how to make siomai Do you know how to make your own specialty siomai that’s so awesome you know everyone will want it. If you do then great. If not, then you’d better learn. 4. Make your own food cart You don’t need anything huge right away. Getting a very basic cart is all you need to get started. Food carts are easy to set up, requires low capital and is cheaper than putting up a restaurant. 5. Find a good location Look for a place that is in a commercial area where there is heavy foot traffic like in malls, train stations, terminals, schools and office areas.

Having positioned your business in a good place means lots of income. 6. Market your product Don’t be so confident that’s because your business is located in a heavy foot traffic area people will notice it. Sorry, but no. You have to make a noise so that people will know that you are selling something for them. Make something that people will always comeback for your product. Don’t settle for less. 7. Save your profit Save all the money you can. Once you’re business grows you can expand to other locations and add more products being offered.

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