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To do this, they will have to minimize on costs and/or capital expenditures.
There are several factors being considered on costs: the machine they need will cost them a lot, cost saving might mean saving on labor cost and will cause problems in the long-run.
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Retirees from a cola industry, Gerry Garaza, Ponso Tamahon and Bong Alegre came up with the idea of setting up a softdrink business. What factors will be considered to develop a strategy for the starting business?
CRITICAL FACTORS
Health Consciousness
The government and parents are branding soft drinks as junk food and is bad for the health...
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Red Crowne Philippines, Developing a Startup Strategy
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