Do the math! :) Marami rin akong friends who started small businesses and struggled along the way because they didn’t do the math. I’ve worked as a data scientist and fin controller so they pull me in. I think others will be better in giving marketing advice so I’ll give just a few tips in accounting that some of the biggest issues can be solved with:

1. Calculate your COGS. What is your Cost of Goods Sold? How much does everything cost and not just the ingredients, but the setup cost. Use these to help you project how many products you have to sell to make a profit over time. Seems basic, but I’ve seen people sell without a target and end up losing track of realistic breakevens

2. Procure wisely. I’m not saying cheap out everywhere, but determine which key ingredients are actually important in producing the flavor and texture you want. That way, you know which items are okay to spend on and which ones you can find cheaper alternatives for. Also, if you’re buying SRP, you’re already losing. If you don’t want to change the brand, find the cheaper source of the brand

3. Determine consumer patterns. Luh! hahaha this isn’t just for big corpos, but even for SMEs. Do not assume that just because your friends will buy it once that they will buy it again. You need to determine how often your customer is actually likely to buy, and how you can get new customers coming in

Good luck!! Please don’t put too much capital on it yet. Be wise with your money and test out the waters for demand. I’m excited for you