220 0 224 4 20 24
Dear Veggie Delights Family,
It has been quite a journey since Veggie Delights started For the past year, numerous challenges have been presented to us as we strive to establish ourselves in the industry. Despite having faced many challenges, our Veggie Delights Family's dedication, unity, and unwavering determination have propelled us forward, allowing us to overcome obstacles and stay true to our mission and vision of creating innovative and nutritious alternative candies for the well-being of our customers.
I am thankful for all your efforts and proud that all of our efforts have not gone unnoticed. We have now started to gain recognition. I am immensely grateful to each one of you for your invaluable contributions and unwavering support Your belief in our vision has been a driving force behind our success.
As we continue to grow, there have been a lot of ideas and new strategies designed to attract more potential customers and expand our reach for this year I am excited about the journey ahead and the possibilities that await us. Your continued support and dedication are instrumental to our progress, and I am confident that together, we will achieve new heights of success.
Thank you for being part of the Veggie Delights family and for this wonderful journey Cheers to a future filled with prosperity, innovation, and success
CEO, Veggie Delights
Highlighted in this year's annual report is our thriving Halloween Pumpkin Candy Event
Customers finds out the hidden jack-o'-lantern mascot candy parts the Hat and Pumpkin in each pack, earning a 30% discount on their next purchase upon discovery.
This event not only boosted sales but also enhanced engagement underscoring our
During the success of our "Balik Eskuwela" event, customers who purchased one large bundle pack received a complimentary notebook featuring our Veggie Delights mascot print.
This promotion not only encouraged sales but also fostered brand loyalty by providing a practical and delightful gift that resonated with our customer base.
In a momentous start to the year, we proudly accepted our first accolades at the prestigious Golden Candy Awards 2024, held on January 13th.
These awards affirm our dedication to innovation and health-consciousness, inspiring us to continue pushing boundaries and delighting candy lovers worldwide.
Among the honors bestowed upon us, we were thrilled to receive the Health-Conscious Candy Award, recognizing our commitment to crafting confections that marry exquisite taste with nutritional benefits
Additionally, we were honored with the Candy Innovator Award, celebrating our ability to pioneer exciting candy creations that not only delight the senses but also contribute positively to the consumer experience
Veggie Delights Total Business Cost = 185, 835.45
Building Improvements
Refrigerator
Utensils
Tables and Chairs
Blender
Office Equipment, Tables and Chairs
Working Capital
Raw Materials
Direct Labor
Manufacturing Overhead
Work in Process Inventory
Finished Goods Inventory
Selling/Marketing Expenses
General and Admin Expenses
Other Assets
Rental Deposit
Pre-operating expense
The market is shifting towards healthier options like organic and natural candies due to growing health consciousness. This has led to more low-sugar and sugar-free candies being introduced.
Currently, 50% of Filipino businesses blend online and offline sales, capitalizing on physical stores' immediacy and personal service, while tapping into online platforms' convenience and wider market reach.
1. Sell Online and Offline
Selling both online and in physical stores helps Veggie Delights reach more people. Some like shopping in stores, some prefer online. Doing both gives customers options. It's convenient also for the company to increase sales.
2. Provide High Quality Product
Providing a good product make the customer make them choose us despite having a lot of variety of candy
3 Spread it in any social media platform
There is different viewers in different platform hence Veggie Delights want to spread it and reach many people as possible and by that we can attract our potential customer.
Embrace healthier snacks with Veggie Delights! Candy but Healthy