Frutina La Crema Company Projected Balance Sheet: Current Assets

FRUTINA LA CREMA COMPANY
PROJECTED BALANCE SHEET
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

ASSETS
CURRENT ASSETS:
Cash Php459,021.02 Php901,235.10 Php977,278.35 (Php232,891.87) Php2,033,337.62
Inventory Php1,154,704.28 Php1,481,347.26 Php1,481,347.26 Php1,546,675.31 Php1,541,593.78
Office Supplies Php610.66 Php732.83 Php732.83 Php567.95 Php724.19
Store Supplies Php9,658.65 Php11,519.38 Php11,590.38 Php5,988.36 Php54,281.61
Prepaid Rent Php393,804.00 Php393,804.00 Php393,804.00 Php393,804.00 Php393,804.00
NON CURRENT ASSETS:
Tools and Equipment Php366,619.75 Php366,619.00 Php366,619.75 Php366,619.75 Php366,619.75
Less: Accumulated Depreciation, T&Q (Php73,323.95) (Php146,647.90) (Php219,971.85) (Php293,295.80) (Php366,619.75)
Furniture and Fixtures Php13,596.50 Php13,596.50 Php13,596.50 Php13,596.50 Php13,596.50
Less: Accumulated Depreciation, F&F (Php2,719.30) (Php5,438.60) (Php8,157.90) (Php10,877.20) (Php13,596.50)
TOTAL ASSETS Php2,321,971.61 Php3,016,839.32 Php3,016,839.32 Php2,811,283.70 Php4,023,741.19
LIABILITIES
VAT Payable Php77,260.74 Php316,453.43 Php316,453.43 Php225,009.03 Php665,719.08
Accrued Salaries Php69,226.67 Php80,686.67 Php80,686.67 Php80,686.67 Php80,686.67
Utilities Payable Php32,000.00 Php32,000.00 Php32,000.00 Php32,000.00 Php32,000.00
TOTAL LIABILITIES Php178,487.41 Php429,140.10 Php429,140.10 Php337,695.70 Php787,405.75
OWNERS EQUITY
M. Cuajotor, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54
A. Galino, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54
S. Ignacio, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54
A. Maquimot, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54
G. Morales, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54
M. Paran, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54
M. Regio,Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54
F. Rojas, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54
R. Saga, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54
M. Ventura, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54
TOTAL EQUITY Php2,143,484.20 Php2,587,699.22 Php2,587,699.22 Php2,473,588.00 Php3,236,335.44

TOTAL LIABILITIES AND EQUITY Php2,321,971.61 Php3,016,839.32 Php3,016,839.32 Php2,811,283.70 Php4,023,741.19
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PROJECTED STATEMENT OF OWNERS EQUITY
M. Cuajotor A. Galino S. Ignacio A. Maquimot G. Morales M. Paran M. Regio F. Rojas R. Saga M. Ventura TOTAL
YEAR 1
Capital,
Beginning Php200,000.00 Php200,000.00 Php200,000.00 Php200,000.00 Php200,000.00 Php200,000.00 Php200,000.00 Php200,000.00 Php200,000.00 Php200,000.00 Php2,000,000.00
Php1,434,842.0 Php1,434,842.0 Php1,434,842.0 Php1,434,842.0 Php1,434,842.0 Php1,434,842.0 Php1,434,842.0 Php1,434,842.0 Php1,434,842.0 Php1,434,842.0
Net Income 0 0 0 0 0 0 0 0 0 0 Php143,484.20
Capital,
End Php214,348.42 Php214,348.42 Php214,348.42 Php214,348.42 Php214,348.42 Php214,348.42 Php214,348.42 Php214,348.42 Php214,348.42 Php214,348.42 Php2,143,484.20
YEAR 2
Capital,
Net Income Php44,421.50 Php44,421.50 Php44,421.50 Php44,421.50 Php44,421.50 Php44,421.50 Php44,421.50 Php44,421.50 Php44,421.50 Php44,421.50 Php444,215.00
Capital,
YEAR 3
Capital,
Net Income Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00
Capital,
YEAR 4
Capital,
Net Income (Php11,411.10) (Php11,411.10) (Php11,411.10) (Php11,411.10) (Php11,411.10) (Php11,411.10) (Php11,411.10) (Php11,411.10) (Php11,411.10) (Php11,411.10) (Php114,111.00)
Capital,
YEAR 5
Capital,
Net Income Php76,274.72 Php76,274.72 Php76,274.72 Php76,274.72 Php76,274.72 Php76,274.72 Php76,274.72 Php76,274.72 Php76,274.72 Php76,274.72 Php762,747.24
Capital,
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PROJECTED STATEMENT OF CASH FLOWS
Operating Activities
Sales Php8,929,794.01 Php 11,009,781.08 Php 11,009,781.08 Php 10,991,009.57 Php 10,970,339.90
Purchases (4,536,707.88) (5,734,260.98) (5,734,260.98) (5,941,134.90) (5,223,971.40)
Salaries Expense (2,492,160.00) (2,492,160.00) (2,492,160.00) (2,492,160.00) (2,492,160.00)
Rent Expenses (1,575,216.00) (1,575,216.00) (1,575,216.00) (1,575,216.00) (1,575,216.00)
Utilities Expenses (384,000.00) (384,000.00) (384,000.00) (384,000.00) (384,000.00)
Tax Expenses (77,260.00) (316,453.43) (316,453.43) (255,009.03) (498,750.38)
Depreciation Expenses (76,043.25) (152,086.50) (228,129.75) (304,173.00) (380,216.25)
Miscellaneous Expenses (10,000.00) (10,000.00) (10,000.00) (10,000.00) (10,000.00)
Total Cash Php (221,593.00) Php 345,605.07 Php 269,561.82 Php 29,316.97 Php 406,025.45
Investing Activities
Tools and Equiptment Php (366,619.75) Php 0 Php 0 Php 0 Php 0
Furniture and Fixture (13,596.50) 0 0 0 0
Prepaid Rent (393,804.00) (393,804.00) (393,804.00) (393,804.00) (393,804.00)
Total Cash Php (774,020.25) Php (393,804.00) Php (393,804.00) Php (393,804.00) Php (393,804.00)
Financing Activities
M. Cuajotor, Capital Php 200,000.00 Php 14,448.42 Php 58,769.92 Php 47,358.82 Php 123,633.54
A. Galino, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54
S. Ignacio, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54
A. Maquimot, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54
M. Morales, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54
M. Paran, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54
I. Regio,Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54
F. Rojas, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54
R. Saga, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54
M. Ventura, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54
Total Cash Php 2,000,000.00 Php 144,484.20 Php 587,699.20 Php 473,588.20 Php 1,236,335.40
Net Cash Php 1,004,386.80 Php 96,285.27 Php 463,457.02 Php 109,101.17 Php 1,248,556.85
Cash Outlay (5,454,365.78) 345,928.81 (387,473.18) (853,487.70) 551,889.00
Cash, Beginning 0 459,021.02 901,235.10 977,278.35 232,891.87
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Cash, Ending Php459,021.02 Php901,235.10 Php977,278.35 Php232,891.87 Php2,033,337.82

PROJECTED INCOME STATEMENT
Sales Php 8,929,794.01 Php 11,009,781.08 Php 11,009,781.08 Php 10,991,009.57 Php 10,970,339.90
Cost of Goods Sold (4,699,891.59) (5,734,260.98) (5,734,260.98) (5,941,134.90) (5,223,971.40)
Gross Profit Php 4,229,902.42 Php 5,275,520.10 Php 5,275,520.10 Php 5,049,964.67 Php 5,746,368.50
Expenses:
Pre-Operating Php (2,830.00) Php 0.00 Php 0.00 Php 0.00 Php 0.00
Operating (2,929,013.85) (2,909,013.85) (2,909,013.85) (2,909,013.85) (2,909,013.85)
General and Administrative (1,097,313.60) (1,097,313.60) (1,097,313.60) (1,097,313.60) (1,097,313.60)
Salaries 0.00 (275,040.00) (275,040.00) (275,040.00) (275,040.00)
Advertising 0.00 (90,000.00) (90,000.00) (40,000.00) (40,000.00)
Income Before Tax Php 220,744.97 Php 904,152.65 Php 904,152.65 Php 728,597.22 Php 1,425,001.10
Income Tax (35%) (77,260.74) (316,453.43) (316,453.43) (255,009.03) (498,750.38)
NET INCOME Php 143,484.23 Php 587,699.22 Php 587,699.22 Php 473,588.19 Php 926,250.72
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STATEMENT OF COST OF GOODS SOLD
Raw Materials, Purchased Php 4,536,707.88 Php 4,990,378.67 Php 4,990,378.67 Php 4,990,378.67 Php 3,992,302.40
Raw Materials, Beginning 907,341.57 907,341.57 1,179,544.05 1,233,984.54
Raw Materials, Ending (907,341.57) (1,179,544.05) (1,179,544.05) (1,233,984.54) (1,045,257.20)
Raw Materials, Used Php 3,629,366.30 Php 4,718,176.19 Php 4,718,176.19 Php 4,935,938.18 Php 4,184,029.20
Direct Labor Php 599,040.00 Php 599,040.00 Php 599,040.00 Php 599,040.00 Php 599,040.00
Overhead 718,848.00 718,848.00 718,848.00 718,848.00 718,848.00
Total Goods Available For Sale Php 4,947,254.30 Php 6,036,064.00 Php 6,036,064.00 Php 6,253,826.18 Php 5,498,917.20
Finished Goods (247,362.72) (301,803.21) (301,803.21) (312,691.31) (274,945.86)
Costs of Good Sold Php 4,699,891.59 Php 5,734,260.98 Php 5,734,260.98 Php 5,941,134.90 Php 5,223,971.40

SALES SCHEDULE
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Costs of Good Sold Php4,699,891.59 Php5,734,260.98 Php5,734,260.98 Php5,941,134.90 Php5,223,971.40
Mark-Up 4,229,902.40 5,275,520.10 5,275,520.10 5,049,964.67 5,746,368.50
Sales Php8,929,794.01 Php11,009,781.08 Php11,009,781.08 Php10,991,009.57 Php10,970,339.90
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MAJOR ASSUMPTIONS
2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR
Raw Materials 10% increased Retained Retained 20% increased

Purchased
Sales 190% of COGS 192% of COGS 185% of COGS 198% of COGS
1. Ending Raw Materials was assumed as 20% of Raw Materials purchased.
2. Manufacturing Overhead was assumed as 120% of Direct Labor.
3. Finished Goods was assumed as 5% of Goods Available for Sale.
4. There will be an advertising expense on the 2nd up to 5th year operations.
5. We will hire additional crews on the 2nd up to 5th year operations.
6. Straight line Method was used for depreciation.
7. Php200,000 was invested by partners, net shares equally divided.
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SCHEDULE OF OPERATING EXPENSES
As of 2010 - 2014
Salaries Expenses
Cashier Php 275,040.00
Dine in Crew 275,040.00
Soda Crew 275,040.00 Php 825,120.00
Store Supplies Expense

( 48,293.25 x .80) Php 38,634.60
Rent Expense 1,575,216.00
Utilities Expense 384,000.00
Depreciation Expense
Tools and Equipment Php 73,323.95
Furniture and fixtures 2,719.30 2,719.30
Miscellaneous Expense Php 10,000.00
TOTAL OPERATING EXPENSES Php 2,909,013.85
TOTAL PROJECTED COST
Cash Php 61,006.16

Inventory 1,154,704.28
Tools and Equipment 366,619.75
Furnitures and Fixtures 13,596.50
Prepaid Rent 393,804.00
Office Supplies 610.66
Store Supplies 9,658.65
Php 2,000,000.00
Owners Equity Php 200,000.00

M. Cuajotor, Capital 200,000.00
A. Galino, Capital 200,000.00
S. Ignacio, Capital 200,000.00
A. Maquimot, Capital 200,000.00
G. Morales, Capital 200,000.00
M. Paran, Capital 200,000.00
M. Regio, Capital 200,000.00
F. Rojas, Capital 200,000.00
R. Saga, Capital 200,000.00
M.Ventura, Capital 200,000.00
TOTAL EQUITY Php 2,000,000.00
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IV. SOCIO-ECONOMIC STUDY
A. Socio-economic Benefits in terms of:
i. Employment and Income
Frutina La Crema aids in improving the nation’s standard of living by hiring
skilled employees. These employees will be an asset for our company. In order to be
successful, our employees will be compensated well, and will be receiving fair
incentives.
In our company, our management’s primary reason for granting certain
benefits is that it is required by law. In our firm, the minimum legal requirements are
complied with. Frutina La Crema, a store providing its employees fair compensation
and benefits comply with these benefits. Our company will be providing benefits
that are more than the legal requirements for better strategic intents.
It is imperative that employee benefits be strategically designed. It is not
enough to simply benchmark the benefits we are providing with those of other firms
in the industry or in the community and copy or exceed them. What is more
strategic is that the benefits in our company are those that are truly needed by our
employees. Standard benefits we will be providing to our employees are those that
are generally needed and availed of by almost all employees. Examples of these are
vacation leave, sick leave, emergency/bereavement leave, healthcare, and such
other basic needs and amenities in addition to basic salaries and bonuses. In this
manner, our company benefits will have optimum strategic value to employees,
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which will enhance their loyalty to our company. At the same time, our company can
also have more control of the cost of benefits.
ii. Taxes
Lessor shall be liable for the payment of real property tax over the area
occupied by the F&B Facilities. Lessor shall not be liable for any taxes to be levied on
Lessee with respect to the operation, management and maintenance of the F&B
Facilities. At the option of the Lessor Lessee shall inform Lessor in writing any sales,
product, exercise, use taxes, Value Added Tax or other taxes levied with respect to
the operation, management, and maintenance of the F&B Facilities and the amount
paid. Lessee shall, to the extent that any such tax liabilities actually arise, account for
and remit tax payments promptly.
iii. Supply of Commodities
In production of our product, the supply of raw materials will be purchase
from the local market. In this scenario in our business production, local farmers are
given a chance to increase their production and be part of the growth of our
business. With this, getting additional supply from the local market is a good
opportunity to get our supplies at cheaper costs that lessen the overall production
expense. Also, building good relationship with our suppliers will be a good tool to
get more discounts whenever bulk purchases are done. Using local materials in our
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production will help to increase the income of local producers and later it will add to
the government revenue.
iv. Demand for Materials
One of the Frutina La Crema’s tasks is to introduce our main product with
the use of local raw materials to market. Our company will help to uplift the home-
grown materials such as soya beans, flour, and sugar, and tropical fruits like banana,
mango, and pineapple. We will give local farmers a chance to play a part in our
business production so that they will be motivated to produce more raw materials
for businesses. This will contribute to high productivity of home-grown materials.
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V. ORGANIZATION AND MANAGEMENT STUDY
A. Formulation of Goals and Objectives
 To create 10% awareness about the existence of Frutina La Crema in the
market.
 To acquire at least 5% market share of the breads and fruits Industry
 To increase the market coverage by establishing 3 store branches after 3
years of operation.
 To be the no.2 breads and fruits retail store on its first 5 years of
operation.
B. Basic Considerations
In our country where people eat five meals a day, it is a usual to spot an
increasingly large number of eateries to the Filipinos. Food, considered very
important as it represents an integral part of local art, culture, and communal
existence. In the Philippines, eating is done frequently as a favorite way of life.
The proponents formed Frutina La Crema as a food bar inside the Linden
Suites because we know that there is a good demand for food industry in the
Philippines. Provides dine-in services and with the same quality but at the fair price
that gives them a wider audience.
The proposed project will need necessary employees to meet the goals of the
organization. The food bar will be operating 15 hours a day and has two shifts with
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personnel in each over lapping shift. The administrative and operations manager will
be ones in charge in supervising the production of the enterprise
C. Form of Ownership
Frutina La Crema will be engaged in a partnership form of business. It will be
a general partnership that will be owned and controlled by 10 capitalist partners
who decided and agreed to equally contribute money worth Php200, 000 each
which is equal to Php2,000,000 as the total owner’s equity.
A partnership is defined in Article 1767 of the Civil Code of the Philippines as
“a contract whereby two or more persons bind themselves to contribute money,
property or industry into a common fund with the intention of dividing profits
among themselves.”
The partners of the company decided to adapt a partnership form of
business because: it is easier, more convenient, and more inexpensive to organize
and control than a corporation for it is formed by simple contracts between the
partners; the participation of more than one person allows a closer supervision of
the business activities and operation; and the personal element in the character of
the partners is retained.
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PARTNER’S CONTRIBUTION
NAME OF PARTNERS CONTRIBUTION

Mischelle Cuajotor Php 200,000.00
Aizel Galino Php 200,000.00
Shiela Ignacio Php 200,000.00
Aizel Maquimot Php 200,000.00
Mary Grace Morales Php 200,000.00
Mary Antonette Paran Php 200,000.00
Micheal Ian Regio Php 200,000.00
Francis Rojas Php 200,000.00
Riza Saga Php 200,000.00
Michelle Ventura Php 200,000.00
TOTAL Php 2,000,000.00
D. Organizational Chart
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CODE OF ETHICS FOR EMPLOYEES
CORE VALUES
Frutina La Crema’s values guide how we behave as individuals, and collectively, our
behaviors determine how we are perceived as a company. Following are the five core
values that each of us must follow and the underlying behaviors that support each
value.
We act with integrity and communicate honestly and openly:
 Act ethically and with integrity
 Deal with people and issues openly, directly and respectfully
 Take actions that are consistent with words
 Do the right thing even if unpopular or risky
We are passionate about meeting our customers’ needs and delivering for our partners:
 Demonstrate a passion for understanding and meeting the needs of our
customers and partners
 Take active responsibility for the quality of service we provide to customers and
others
 Have a “can do” attitude and bias for action
 Hold self and others accountable for results
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We are accountable for all of our own actions: these include safety, protecting the
environment, and supporting our communities:
 Build safety into everything we do
 Take accountability for actions, decisions and results vs. blaming
 Demonstrate commitment to improving the health and well-being of the
environment and the communities we serve
 Act in a way that connects the company’s actions and the well-being of the
community
We work together as a team and are committed to excellence and innovation:
 Take ownership of team goals and are accountable for own part in the process
 Have high performance expectations and a mind set of excellence
 Promote teamwork among groups; discourage “we vs. they” thinking
 Openly give and receive coaching and feedback
 Are innovative in identifying new opportunities and approaches for our
customers and ourselves
 Embrace change and are personally willing to undertake it
We respect each other and celebrate our diversity:
 Treat fellow employees and customers with respect
 Appreciate and value each other and our diverse backgrounds and life
experiences
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 Celebrate and leverage our diversity
 Listen to input from teammates to reach the best solution
 Invite feedback from others
 Foster a climate of trust and openness between people
EMPLOYEE CONDUCT STANDARDS
FITNESS FOR DUTY
You’re expected to be mentally and physically fit for work, reporting to work
fit for duty and remaining fit while on duty. Tell your supervisor if you’re taking
prescription drugs or over-the-counter medications that could affect your ability to
work safely or efficiently. You may not be under the influence of alcohol or illegal
drugs while on duty.
USE OF ALCOHOL, ILLEGAL DRUGS, OR MEDICATION
Frutina La Crema is committed to a workplace that is free from the influence
of alcohol and illegal drugs.
As the general rule, you may not consume alcohol while on duty, including
lunches and overtime meals, or on company property. Officers and the next level of
management below officer may authorize, in advance, the consumption of alcohol
for special occasions or for certain business meetings, as long as such use is limited
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and does not violate other legal requirements, such as those of the Nuclear
Regulatory Commission or the Department of Transportation.
You may not operate a Frutina La Crema-owned, leased, or rented vehicle
after consuming alcohol. You may not transport alcohol in a Frutina La Crema
-owned, leased, or rented vehicle, unless you have the prior consent of an officer or
the next level of management below officer.
Do not use, possess, sell, purchase, provide, or be under the influence of
illegal drugs while on duty or on company property. You also must comply with your
specific organization’s alcohol and drug policies.
HARASSMENT AND DISCRIMINATION
Conduct yourself in a professional manner and treat others with respect,
fairness, and dignity. Frutina La Crema does not tolerate harassment or
discrimination, including behavior, comments, jokes, slurs, e-mail messages,
pictures, or other conduct that contributes to an intimidating or offensive
environment. You must comply with applicable federal, state, and local statutes
prohibiting discrimination or harassment based on race, color, religion, age, sex,
pregnancy, disability, national origin, ancestry, medical condition, veteran status,
marital status, sexual orientation, gender identity, or any other non-job-related
factor.
Officers and other managers are expected to be familiar with Frutina La
Crema’s standards on harassment and discrimination and with relevant national,
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state, and local laws. Supervisors who fail to take action, or who engage in
harassment, not only expose Frutina La Crema to liability, they also expose
themselves to personal liability. Employees also can be held personally liable for
engaging in harassment.
Frutina La Crema has the same expectations for its contractors, consultants,
and suppliers when they engage in Frutina La Crema -related work.
SAFETY AND HEALTH
Frutina La Crema aims to have an injury and illness-free work environment
for the benefit of employees, customers, and the general public. Building safety into
everything we do is a core behavior at Frutina La Crema. To this end, perform your
work in a way that will protect yourself, co-workers, and the public. Comply with all
safety and health rules and procedures at all times. Ensure that your work
environment is safe by identifying and controlling hazards or unsafe situations,
helping and encouraging others to work safely, and placing safety first.
COMMUNITY ACTIVITIES
Frutina La Crema will support the communities it serves by creating
community partnerships, making charitable contributions, and volunteering at
community events. To make these community partnerships successful, Frutina la
Crema works closely with community residents and local organizations to identify
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needs and develop programs to deliver targeted contributions. The endorsements
section of this handbook applies when you’re engaged in community activities.
PARTNERSHIP ASSETS
Each of us is responsible for the proper acquisition, use, maintenance, and
disposal of partnership assets (e.g., materials, equipment, tools, information, funds,
etc.) and services.
 Use partnership assets only for legal and ethical activities.
 Protect assets from damage, waste, loss, misuse, or theft.
 Dispose of assets only with appropriate written approval. Frutina La Crema’s
goal is to obtain fair market value for all assets that no longer are needed, unless
they are donated with appropriate approval. Frutina La Crema may have a legal
responsibility to report a donation to a charitable entity or a political
organization, so you will need to request approval in advance.
 Don’t destroy or take intangible assets, including information about Frutina La
Crema or others that you obtain in the course of your job. This responsibility
extends to such information when you’re no longer employed by Frutina La
Crema.
Partnership assets such as computers, telephone, and vehicles are intended
primarily for Frutina La Crema business. Frutina La Crema allows limited personal
use of these and similar assets as long as such use is occasional, is not for outside
employment, doesn’t result in excessive costs, doesn’t interfere with your work
91
responsibilities, and is in compliance with laws, regulations, and any business line or
local restrictions. Personal use of a vehicle must be incidental to business use. If you
would like to allow a charitable entity or political organization to use any such
corporate asset, Frutina La Crema may need to report the use as a donation. You
will need to request approval in advance. Please talk to your manager before making
arrangements.
Other corporate assets, including such things as equipment, tools, and similar
assets, may be used only for Frutina La Crema business and are not available for
personal use. Exceptions are permitted in emergency situations or with officer
approval.
EMPLOYEE PRIVACY
Frutina La Crema retains the right to monitor its assets and work
environments in compliance with applicable national, state, and local law. It
monitors to promote safety, prevent criminal activity, investigate alleged
misconduct and security violations, manage information systems, or for other
business reasons.
Even though limited personal use of company assets is permitted, you should
have no expectation of privacy when you use Frutina La Crema computer, voicemail,
or other systems to create, access, transmit, or store information. Such information
is accessible to Frutina La Crema even if it is password-protected or deleted by the
user.
92
BUSINESS EXPENSES
Use Frutina La Crema funds for business expenses only, whether paying by
cash, or other method. Use good judgment to keep business expenses (for example,
meal expenses) reasonable. You’re expected to comply with Frutina La Crema’s
requirements for incurring and reporting business expenses. Report all expenses
promptly and accurately via the travel and expense system.
SCHEDULE OF SALARY
 GENERAL MANAGER
Rate: P545/day
Schedule of Cut off: every 15th and 30th day of the month
Schedule of Pay day: every 4th and 19th day of the month
Mode of compensation: Pay to cash
 ACCOUNTANT
Rate: P7, 000/ session

 DINING ATTENDEE/ CASHIER/ BAKER/ KITCHEN CREW
Rate: P382/day
Schedule of Cut off: every 15th and 30th day of the month
Schedule of Pay day: every 4th and 19th day of the month
93
E. Officers and Key Personnel
GENERAL MANAGER
Requirements:
 Male/Female at least 25-35 years old
 Graduate of Bachelor of Science in Business Administration
 At least 5 years managerial experience in same position
 Good communication skills
 Dedicated to work and flexible
Responsibilities:
The GENERAL MANAGER is the overall in charge and responsible for
managing both the revenue and cost of the store. The General Manager also
oversees most or all of the firm’s marketing and sales functions as well as the
day-to-day operations of the business. Frequently, the General Manager is
also responsible for leading or coordinating the strategic planning functions
of the company. The General Manager must have the authority to delegate
duties and responsibilities and must evaluates employee and document
report.
94
CASHIER
Requirements:
 Female at least 23 years of age and with pleasing personality
 Must have at least 2 years experience at the same position
 College Level
 Have good mathematical skills.
Responsibilities:
The CASHIER handles records and acts as custodian of all the money
collected and disbursed.
BAKER
Requirements:
 Male at least 25 years of age
 Must be a graduate of at least 2-yr culinary courses
 Must have at least 2 years experience at the same position
Responsibilities:
The Baker is the one responsible for mixing, kneading, and baking of breads.
95
DINING ATTENDEE
Requirements:
 At least college level
 With pleasing personality and at least 5’4” in height
 Must be a dedicated worker and honest in handling money.
Responsibilities:
The DINING ATTENDEE takes and serves the order to the customer. They are
also the one giving and taking the customers’ bill.
KITCHEN CREW
Requirements:
 At least college level
 Must know how to operate different kitchen equipments
 Preferably with experience as a kitchen crew
Responsibilities:
The KITCHEN CREW is responsible for preparation and cooking of raw
materials for the products to be made, washing up of utensils used, and preparation
of products to be served to the customer.
96
ACCOUNTANT (On-call monthly)
Requirements:
 Male/Female at least 25 years of age
 Certified Public Accountant
 Must have 2 years experience
 Must be professional, responsible and enthusiastic with his work
 Must have a good mathematical skills
Responsibilities:
The ACCOUNTANT prepares monthly and annual income statements, balance
sheets, and cash flows. He also facilitates financial analysis.
97
Activities FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN
Project Conceptualization and
Ideation
Preparation of Project Feasibility
Study
Registration of Legal Requirement
Preparing for Facilities and
Machineries
Project Store Design & Lay-out
Arrangement and Supervision for
Management and Crew Selection
Training and Seminars for Selected
Managers and Crews
Promotions and Test Marketing
and Dry Run
Start of Normal Operation
PROJECT SCHEDULE
98
VI. RECOMMENDATION
Frutina La Crema envisions that the company will reach their objective of
having 15% of market share at The Linden Suites. After successfully dominating the
market on its first year of operation, the company plans to produce additional product
line that will perfectly suit the market’s preference. Also with the Frutina La Crema’s
continuous growth in the industry, it will then offer additional services that will an
opportunity for the company to widen its market.
For the next years of operation, the company plans to dominate additional 5%
over its present target market. Frutina La Crema plans to expand store outlets each
year at different exclusive and high class “condotels” and malls after getting stabilized
in the market.
71
CURRICULUM VITAE
NAME: MISCHELLE G. CUAJOTOR

ADDRESS: 217 P. Madagara St. Sta.Ana Pateros,Manila
EMAIL ADDRESS: mitchi_coh@yahoo.com
BIRTHDATE: June 26, 1987
AGE: 22
EDUCATIONAL BACKGROUND
TERTIARY: Polytechnic University of the Philippines

Bachelor in Business Administration Major in Marketing
2007-Present
Bachelor of Science in Accountancy
2005-2007
SECONDARY: Aloran Trade High School

2000-2004
ELEMENTARY: Capt. H. Francisco Elementary School

1994-2000
“Do not fear of reaching a distant goal, but of failing to move forward”
72
CURRICULUM VITAE
NAME: AIZEL N. GALINO

ADDRESS: 26-B Balingasa St. Balintawak, Quezon City
EMAIL ADDRESS: eyz03@yahoo.com
BIRTHDATE: December 03, 1987
AGE: 21

2007-Present
2005-2007
SECONDARY: Caloocan High School

2000-2004
ELEMENTARY: Balingasa Elementary School

1994-2000
“Always be a blessing to others”
73
CURRICULUM VITAE
NAME: SHIELA P. IGNACIO

ADDRESS: 414 F. Clemente St. Pulong Yantok, Angat, Bulacan
EMAIL ADDRESS: shiela_ignacio@yahoo.com.ph
AGE: 21

2007-Present
2005-2007
SECONDARY: Pulong Buhangin High School

2001-2005
ELEMENTARY: Pulong Yantok Elementary School

1995-2001
“I know I am blessed”
74
CURRICULUM VITAE
NAME: AIZEL M. MAQUIMOT

ADDRESS: 36 6th Ave. Brgy. Socorro Murphy Cubao, Quezon City
EMAIL ADDRESS: macky_moto05@yahoo.com
BIRTHDATE: August 05, 1989
AGE: 20

2007-Present
2006-2007
SECONDARY: Marinduque National High School

2002-2006
ELEMENTARY: Bantay Elementary School

1996-2002
“Life is happiest when you are needed by others and can do things for others”
75
CURRICULUM VITAE
NAME: MARY GRACE S. MORALES

ADDRESS: 38 Villa Bernardo St. San Joaquin, Pasig City
EMAIL ADDRESS: graciada_08@yahoo.com
BIRTHDATE: April 16, 1989
AGE: 20

2007-Present
2005-2007
SECONDARY: San Joaquin – Kalawaan High School

2001-2005
ELEMENTARY: San Joaquin Elementary School

1995-2001
“Time is gold”
76
CURRICULUM VITAE
NAME: MARY ANTONETTE I. PARAN

ADDRESS: 36 Firemen’s Row Sun Valley NAIA, Pasay City
EMAIL ADDRESS: tonet_ignacio@yahoo.com
AGE: 20

2007-Present
2005-2007
SECONDARY: San Jose del Monte National Trade School

2001-2005
ELEMENTARY: San Rafael BBH Elementary School

2000-2001
Baclaran Elementary School Central
1995-2000
“Whatever you asked for in prayer, believe and you will receive”
77
CURRICULUM VITAE
NAME: MICHAEL IAN NAVAREZ REGIO

ADDRESS: 296 San Jose Ext., Antipolo City
EMAIL ADDRESS: michaelian_regio@yahoo.com
BIRTHDATE: May 22, 1990
AGE: 19

2006-Present
SECONDARY: Southridge Private High School

2002-2006
ELEMENTARY: Mother Goose Montessori Grade School

1996-2002
“Everything happens for a reason”
78
CURRICULUM VITAE
NAME: FRANCIS T. ROJAS

ADDRESS: 48-3 Kabalitang St. Krus na Ligas Diliman, Quezon City
EMAIL ADDRESS: kois_rojas@yahoo.com
BIRTHDATE: October 07, 1988
AGE: 20

2007-Present
2005-2007
SECONDARY: Bato Rural Development High School

2001-2005
ELEMENTARY: Bato Central Elementary School

2000-2001
“With God everything is Possible!”
79
CURRICULUM VITAE
NAME: RIZA NAVELGAS SAGA

ADDRESS: Ph.8A Blk.95 Lot21 Bagong Silang, Caloocan City
EMAIL ADDRESS: yeah_rhizo5@yahoo.com.ph
BIRTHDATE: November 28, 1986
AGE: 22

2007-Present
2005-2007
SECONDARY: Bagong Silang High School

2000-2004
ELEMENTARY: Bagong Silang Elementary School

1994-2000
“What is essential is invisible to the eye”
80
CURRICULUM VITAE
NAME: MICHELLE YU VENTURA

ADDRESS: 2331 San Anton St. Sampaloc, Manila
EMAIL ADDRESS: michventura@yahoo.com
BIRTHDATE: October 15, 1988
AGE: 20

2007-Present
2005-2007
SECONDARY: Tayug National High School

2001-2005
ELEMENTARY: Tayug Central Elementary School

1995-2001
“The greater success in life is to stand up from failure”
81

Frutina La Crema Company Projected Balance Sheet: Current Assets

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Frutina La Crema Company Projected Balance Sheet: Current Assets

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FRUTINA LA CREMA COMPANY

PROJECTED BALANCE SHEET

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5