Professional Documents
Culture Documents
INTRODUCTION
underestimated as we use fabrics in most of our clothes, blanket, bed sheet, pillow
case, curtains, rugs, and more. One of the basic necessities of people is clothing. It
protects the body from varying temperatures and injuries. It also covers the body
not to expose delicate parts. For proper hygiene purposes, people tend to change
clothes more often. The Filipinos are keen when it comes to cleanliness and
proper hygiene. Washing of laundry is one of the oldest household chores, maybe
one of the most difficult. Traditionally, most housewives do the chores at home
services.
Laundry service is an easy and convenient business to put up. It may or may
not require high capital because it can be home-based or commercialized which can
subdivisions where the people are condensed. With the help of technological
1
BUSINESS NAME
business. The business name must be appealing and catchy in order to attract
customers’ attention and curiosities. Thus, the proposed name of this business is
BUSINESS OFFERINGS
It will offer quality services such as washing, drying, pressing and folding clients’
it will also offer free WIFI for them to enjoy surfing the net while waiting for
their laundries be done. Wash Yours will also have a self-service area wherein
customers can use and operate the equipment to wash their own laundry for a
lower cost.
2
UNIQUE QUALITY
service-oriented type. It values the time and money the customers spend for the
benefitted from one another. It is distinct because it provides quality services like
Quality Services –Wash Yours Laundry will provide several services such as
washing, drying and folding clients’ garments. It will use quality and durable
equipment that can last longer to cater to customers’ needs. It will also use
make sure that the output is of good quality and safe to all types of clients.
Furthermore, Wash Yours will provide good customer service through attentive,
competent and honest staffs. Honesty is somewhat that the client will
momentously value. Customers may not always be right but it is easier to keep
them coming back than having new ones come to your store, thus honesty and
Delivery- Wash Yours will offer delivery for customers’ convenience. With this,
clients can enjoy and use their time for some activities instead of waiting in the
part of individuals’ daily lives considering that many transactions and businesses
3
are now being managed online. With this type of offering, clients will enjoy
browsing, posting on social media and continuing their businesses on line while
Self-Service Area – Wash Yours will have an area for the clients who wish to rent
or pay for the equipment only. This is an area wherein customers can do their own
laundry. This type of service solves the usual complaints about traditional laundry
services.
BUSINESS STRUCTURE
Corporation. Her starting capital is Php600, 000.00, to be loaned from the company
its simplicity, ease of operation, and minimal cost. To be ready for a business, a
sole proprietor only needs to register his or her name and secure local licenses.
remains personally accountable for all the business's liabilities. So, if a sole
proprietor company gets into financial difficulty, creditors can bring lawsuits
4
against the business owner. If such suits are successful, the owner will have to
VISION
province by 2025
MISSION
needs to the best of our ability by providing them with a quality environment and
fast service
5
LOCATION
Welmanville, and Camella Homes; establishments like Max’s Restaurant and St.
Jude Hotel. It is also beside the construction site of Isabang Town Center.
service and become their longstanding partner when it comes to laundry errand.
6
Objectives:
efficiently.
business in Quezon.
7
Chapter 2
INDUSTRY
Many people may think that a laundry business is about clothes, but it’s
others, customers must be treated well in order for them to return and patronize
your offerings.
If you are friendly and know how to handle customers well, your
customers will patronize your business. By talking to them, you will be able to
know their thoughts and learn their laundry needs and preferences. All this will
help you improve the quality of your service and you will attract more customers.
that accepts clothes and other household items that need to undergo cleaning
services. These cleaning services are washing, drying, pressing, dry cleaning and
folding. Customers assume and expect laundry shops to perform the full laundry
industry is a strong and energetic business. This kind of industry is really seen on
business in the Philippines based on recent studies and researchers. There are a
constant growth and progress in the laundry cleaning service industry in line with
8
urban economic development. As a population continuously grows in urban areas
along with the increase of husbands and wives earners, the requirement for
urban areas are constantly getting more condensed by population, there will be a
As the demand rises, the competition also escalates. Competition shifts the
effectiveness.
Key Drivers
Good location
Key Barriers
9
Environmental/ social impact often difficult to measure directly
TARGET MARKET
Ridge Ville, Camella Homes and households outside these subdivisions. Also,
establishments like Max’s Restaurant and St. Jude Hotel and Resort will add to
target markets. These groups of markets will describe the buying behaviors
SCOT ANALYSIS
Strength
10
Affordable and reliable price
Quick service
Challenges
New in the business industry that’s why the brand name is not yet
established
Opportunities
New establishments in the same area like hospital and mall will create
future customers
Threat
11
Chapter 3
MARKETING ASPECT
MARKET DESCRIPTION
production and distribution of products and services. The market is vital to this
To be effective, firm that deals with consumers on a daily basis must not
lifeblood of the company. Without them, we would not possibly exist. The target
market should be given primacy since income will generate from them. An
interpretation of data and recognition of the target market are the essentials of any
feasibility study.
12
Note: The number of households is based on actual data which is gathered by the
To compute for the sample size to be used for the survey, the researchers
used the Slovin’s formula. The researchers computed the sample size of 96
respondents with the maximum 10% error of tolerance and 90% confidence
sampling size. A confidence level tells how reliable a measure is. Common
standards used by researchers are 90%, 95% and 99%. A margin of error tells you
how much error surrounds a measure. It’s a percentage that describes how much
the opinion of the sample you survey is likely to deviate from the total population.
n = N / (1 + Ne^2)
N = Total population
e = Margin of error
n= 2163
1 + [(2163) (0.10) (0.10)]
n= 96
13
Figure 5 Locations of Direct Competitors
This is to identify the three competitors of Wash Yours Laundry along the Old
Manila Road namely, Snow White, Doña Labandera and Red Tub Laundry. From
the figure, it is noticeable that the farthermost distance between Wash Yours
Laundry and Snow White Laundry Shop is 4.2 kilometers and will take 8 minutes
14
Table 2 Services of Direct Competitors
The table shows that the three competitors have different price points when
it comes to the services they offer. Also, they are using different varieties of
detergent powder which also make them distinct from one another. When it comes
to pick-up date, all of them have allocated 48 hours before a customer can pick-up
15
their done laundries. Aside from this, all of them have no WIFI and do not offer
delivery service.
16
From the data, there are twenty-one laundry shops operating in Lucena
City. Most of them are situated in the city proper due to saturated population and
lots of establishments.
From the figure above, Leveriza Subdivision has the largest distribution of
Isabang with 3 or 3.12% of the total distribution of households. This shows that
most of the customers of Wash Yours Laundry will come from Leveriza Heights
Subdivision.
17
Figure 7 Numbers of Members per Household
area. There are 44 or 45.84% of the total distribution having 3-4 family members
family members and lastly 7 or 7.29% having 7 and above members of the
family.
The data merely shows that most of the households have a small number
of family members, thus, Wash Yours Laundry will be servicing most of the
18
Figure 8 Type of Employment
Figure 8 identifies whether the family heads are employed or not. From
the data gathered, 25 or 26.04% of the total surveyed households are currently
most of the family heads have little time to do their families’ laundry. This
indicates also that most of the families can afford to pay for laundry service.
19
Figure 9 Estimated Household Income
households are earning PhP11, 000- 20,000, followed by 21 or 21.88% who are
earning PhP21, 000-30,000 and PhP31, 000-50,000. There are also 13 or 13.54%
households who are earning Php10, 000 below on a monthly basis, followed by 8
or 8.33% who did not declare their monthly income. And lastly, there are 6 or
The data merely states that majorities of the households are earning good
20
Figure 10 Years of Residency
The data illustrates the years of residency of the target markets which are
the households. 45 or 46.88% of the total households are already residing in their
home for 5 years and above, followed by 25 or 26% households who are residing
in their homes for 1-3 years already. Meanwhile, 17 or 17.72% households are
already living 4-5 years in their home, followed by 9 or 9.40% households who
The figure also indicates that Wash Yours Laundry will have long-time
21
Figure 11 Does a Household Own a Washing Machine
machines while 4 or 4.17% said that they have no washing machine. This
indicates that not 100% of the households will avail laundry service because
22
Figure 12 How Is Laundry Done?
said that somebody else does their laundry. There are also 13.11% said that they
have their laundry done thru laundry shop and 0.82% did not answer.
The data shows that although majorities of the households have their own
washing machine, not all of them are using the machine. Some still let somebody
else do the laundry and there are some who avail the services of a laundry shop.
23
Figure 13 How Frequent is Laundry Done?
daily. From the data also, 23 or 23.96% households are doing their laundries 2x a
week and 15 or 15.63% households are doing their laundries for only once a
week.
24
Figure 14 Kilos of Laundry Done
This figure shows the estimated number of kilos of laundries being done
or 23.96% are washing 3-5 kilos, and 3 or 3.12% are washing 10kilos above.
Although 48 or 50% of the respondents did not answer how many kilos of
their laundries are being done or washed, still there is a big expectation for a
higher service income because large part also of the target households are having
25
Figure 15 Are Households in Favor of Establishing Wash Yours Laundry?
while only 3 or 3.12% answered no. This shows that households are in favor of
26
Figure 16 Types of Service Willing to Avail
avail. 25.64% wished to avail Pick-up/ Delivery Service, 24.62% wished to avail
14.07% wished to avail Self-Service Laundry, 14.07% wished to avail the Wash-
Dry-Press service while 1.50% did not mention which type of service they are
willing to avail.
27
Figure 17 Preferred Price per Kilo for Wash-Dry-Fold
kilos and 3 or 3.13% did not select from the two price points.
28
Figure 18 Preferred Price per Kilo for Wash-Dry-Press
The gathered data shows the preferred price of respondents for Wash-Dry-
Press service. There were 49 or 51.04% households who selected the price of
Php65/ kilo for a minimum of 3 kilos while there were 44 or 45.83% who selected
the price of Php64, kilo for a minimum of 6 kilos. And there are 3 or 3.13% who
29
Figure 19 Preferred Price per Kilo for Wash-Dry-Press-Fold
Fold service. From the data, majorities of 53 or 55.21% selected the price of
Php74/ kilo for a minimum of 6 kilos of laundry while 40 or 41.66% selected the
price of Php75/ kilo for a minimum of 3 kilos of laundry. Only 3 or 3.13% did not
30
Figure 20 Preferred Price per Kilo for Self-Service Laundry
The data shows that 61 or 63.54% selected the price of Php90 for 4 to 5
kilos of laundry while 32 or 33.33% selected the price of Php100 for 6 to 8.5 kilos
of laundry. There are also 3 or 3.13% households who did not select their price
preference.
31
Figure 21 Preferred Price per Kilo for Pick-up and Delivery
This figure shows the households’ preferred price for Pick-up and
additional 1 kilometer. There are also 2 or 3.13% who did not select their price
preference.
32
Table 4 Survey for Establishments
33
The data above shows the two target establishments of this study, St. Jude
Hotel and Max’s Restaurant. According to the survey, St. Jude Hotel is already
operating 1 year and above while Max’s is already operating 11 years and above.
When it comes to own laundry area, St. Jude has its own that’s why it does its
own 30-40 kilos laundries but sometimes avail services from a laundry shop while
Max’s has none that’s why Max’s 20-30 kilos laundries are being done by a
laundries are being done three times a week. St Jude Hotel’s laundries are usually
composed of tablecloths, curtains, blankets, table napkins, bed sheets & pillow
curtains, and table napkins only. Although they have their own service providers
which offer cheap price & free delivery, they are still in favor of having a laundry
shop near their vicinities. And according to them, they may avail wash-dry-fold
and pick-up & delivery services. When asked regarding price preferences, both of
34
SERVICE DESCRIPTION
Wash Yours Laundry will be considered as the first laundry business in the
point of the area of Isabang Tayabas Quezon. Primary markets which are located at
SunRidge Ville, and Camella Homes. There are also establishments like Max’s
Restaurant and St. Jude Hotel. The location is also beside the construction site of
This laundry business will offer both full-service and self-service laundry.
In the self-service area, the customers will do their own laundries for a fixed price
of Php90.00 per load composing of 4 to 5 kilos of laundries. Each load will take 1
hour and 15 minutes for both washing and drying. While for the customers who
want to avail the full- service laundry, they have to pay the corresponding amount
per kilo of the service they wish to avail. The price of Wash-Dry-Fold service is
P24 per kilo for a minimum of 6 kilos. When it comes to Wash-Dry-Press, the
price per kilo is P64 for a minimum of 6 kilos also. For Wash-Dry-Press-Fold, the
price per kilo is P74 for a minimum of 6 kilos also. On top of the laundry service,
Wash Yours will also offer pick-up and delivery with an additional charge of P16.
For the customers who wish to stay in the shop, they could enjoy watching
35
MARKET PROGRAMS
This refers to raising customer awareness of the services and creating services
loyalty.
Leaflets and flyers – will be distributed before & upon the grand opening
of the shop so that the target markets will be informed of the new
business in their vicinity. The leaflets and flyers will be personally done
- Services offered
- Price list
- Business hours
36
Tarpaulin – to be placed in front of the shop. For 8x8, the cost would be
- Services offered
- Business logo
- Business hours
Figure 23 Tarpaulin
37
Wash Yours Laundry Facebook advertisement
38
Pick-Up and Delivery service
The delivery man will have to bring with him the weighing scale for him
total actual number of markets. Half of the total number of households was
distributed to Wash Yours since there are competitors and most of the respondents
39
Table 6 Demand Analysis
Table 6 identifies the number of projected demand in kilos for one week.
From the data, there are 6, 450 kilos of laundry which Wash Yours needs to cater
The table shows the supply that Wash Yours Laundry can provide to the
market. The table states that Wash Yours can supply 2, 106 kilos of laundry in
one week.
40
Table 8 Demand and Supply Gap Analysis
Note:
1. In Demand Analysis, the projected demand is the expected kilo of clothes that
2. In Supply analysis, the loading capacity stated is the maximum capacity of the
machines Wash Yours can perform. The number of kilos of laundry Wash Yours
3. In Demand and Supply Gap analysis, there will be a gap of 4, 344 (6, 450 –
2,106) kilos that will never be provided. Because the demand for our services is
higher than what we can provide, there is great chance to last in the business.
41
MANAGEMENT & PERSONAL ASPECT
Form of Ownership
register his or her name and secure local licenses, and the business is ready for
proprietorship continues to be personally liable for all the business's debts. So, if
ever the business suffers an imminent loss and liabilities, creditors or lenders can
List ofctivities Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan
1 Research and development
2 Putting up equity
3 Site selection
4 Improvement of location and shop
5 Registration
6 Orders and receipts of equipments
7 Intallation of machineries and equipments
8 Services making & testing
9 Hiring & Training of staffs
10 Start of Operation of the business
42
Gantt Chart of Business Activity
documents.
b. Putting-up equity
c. Site selection
Renovation of place
e. Registration
Securing of all the required and necessary licenses and permits for
the business
43
Procurement of all the necessary equipment and supplies for the
operation
locations
selected employees
A business owner must register the business’s name and must obtain
44
Government agencies for registration:
a. Barangay
b. Mayor’s Office
Business owners are required to provide their employees the required benefits
SSS
PhilHealth
Pag-ibig – HDMF
requirement.
45
DTI will check if there are businesses already carrying your chosen
names.
Application Form.
following:
46
b. Present your completely filled-out application form together with the
following:
b. Accomplish the BIR Form 1901- Application for Registration (for Sole
Proprietor)
following requirements:
Valid ID
47
f. Claim your Certificate of Registration (BIR Form 2303)
Registration
Business Permit & Licenses Amount
Registration with DTI 500.00
Registration with Baranggay 250.00
Business Permit with Mayor's office 2,951.00
Registration in BIR (10%*monthly rental) 500.00
Documenatry stamp 15.00
OR 1,500.00
Total 5,716.00
Service Operations
8pm. This is to give the clients further time to avail the laundry’s services and for
some to be able to get their finished clothes even after their works. The cut-off for
delivery is until 6pm only. Every Sunday will be the official day-off of all staffs.
Shifting
Employees
From To
Manager 11am 8pm
Service Staff/ Fronliner 8am 5pm
Washer 1 8am 5pm
Washer 2 11am 8pm
Laundry Finisher 1 8am 5pm
Laundry Finisher 2 11am 8pm
Delivery man 10am 7pm
48
Customer’s Account
Access will also be used for transactions and sales print-out generation.
Manpower requirements
1. Physical Requirements:
49
Work Descriptions
Manager/ Proprietor
Ensures that the services given to the customers are of good quality and
satisfying
Ensures that all customers’ needs are addressed properly and correctly
Washers
Ensure that all clothes or laundries are properly taken cared of with the
50
Make sure that the equipment is cleaned and taken cared of properly
Laundry Finishers
Delivery man
Makes sure that all the laundries are picked-up and delivered on time
1. Hiring Process
The applicants must submit their resumes for the positions that they are
applying for. Then interview will follow and whoever will pass will be required to
submit requirements like High School report card, Barangay Clearance, Police
SSS numbers. This is to ensure that all screened applicants are fit to work and
to customers. With this, Wash Yours Laundry keeps its shop hazard-free at all
times. It is important that all cleaning materials and agents are kept separate from
51
other material that’s why separate cabinets are provided for them. Those cabinets
are properly labeled to avoid confusion and mistakes. Aside from this MSDS or
Materials Safety Data Sheets are placed in the same cabinet with the cleaning
FIFO and CAYGO are strictly implemented in the business. The staffs
always make sure to observe FIFO (First-in, First-out) when using detergents and
softeners. Clean-as-you-go is also practiced to ensure that the shop is clean and
3. Training
know their job well and perform well. Aside from this, the company will request
demo and orientation from the providers of equipment and cleaning agents. This
is to give the employees the knowledge they will need when putting on the actual
scenarios. Wash Yours Laundry already requested seminars from Sanitary Care
products regarding the proper handling and usage of their products. They will
provide the shop training materials and MSDS. Whenever they will launch new
products they are willing to conduct another seminar and training. Likewise, the
sales agent of the washing machines is also amicable and willing to train the staffs
52
5 Motivating & Rewarding Employees
5.1 The company will provide a monthly incentive for the outstanding model
jobs and perform well. Motivation thru incentive is a good factor to keep a
5.2 Every birthday celebrant will have a chance to take their Birthday Leave
with pay. This is to let the employees feel special on their birthdays and let
them celebrate this very special occasion with their loved ones.
5.3 Christmas party will be done yearly to relieve the employees from tiring
work. This is the time for blessings so 13th month should be granted.
5.4 Every Saturday and Sunday, all employees who are on duty are allowed to
PAYROLL SCHEDULE
DEDUCTIONS
Daily Working Monthly SSS Premium Philhealth Premium Pag-ibig Premium Total
Personnel No. Wage Days Gross Pay Deduction Net Monthly
ER EE ER EE ER EE Pay
Manager 1 577 26 15,002.00 1105 545 228 228 300.04 300.04 1073.04 13,928.96
Service Staff/Front Liner 1 310 26 8,060.00 589.3 290.7 137.5 137.5 161.2 161.2 589.4 7,470.60
Washer 2 310 26 16,120.00 589.3 581.4 275 275 322.4 322.4 1178.8 14,941.20
Laundry Finisher 2 310 26 16,120.00 589.3 581.4 275 275 322.4 322.4 1178.8 14,941.20
Delivery Man 1 310 26 8,060.00 589.3 290.7 137.5 137.5 161.2 161.2 589.4 7,470.60
Total 63,362.00 3,462.20 2,289.20 1,053.00 1,053.00 1,267.24 1,267.24 4,609.44 58,752.56
Total Per Annum 760,344.00 41,546.40 27,470.40 12,636.00 12,636.00 15,206.88 15,206.88 55,313.28 705,030.72
Employer's Contribution 69,389.28
Employee's Contribution 55,313.28
53
PRODUCTION AND OPERATION ASPECT
Service Process
The above chart shows the service process. Each process is explained as below:
1. Pick-up and receiving- the clothes are picked up and received from
customers’ house if they wish to pay for pick-up fee. For walk-in clients,
2. Weighing – clothes are weighed in order to compute for the due amount
that the customers will pay depending on the kinds of services they prefer.
54
3. Recording – the customer’s information plus their laundry’s information
are recorded. (date, the name of the client, address, contact number, time
are the tagged according to the control number and name of the customers
in the logbook. This is to easily identify first-in and first-outs. This will
5. Sorting - After tagging, the clothes are sorted according to colors and
types of fabrics.
10. Folding – Once pressed, the clothes are properly folded. If the customers
wished their clothes not to be folded, then their clothes are hanged using
hangers.
55
11. Sorting – after folding or hanging, clothes are then sorted out based on the
12. Packing – Once sorted out, the clothes are properly placed in the plastic
wrap and then re-tagged so that they can be easily identified. If the clothes are
not folded, hanging clothes are also covered with plastic and tagged.
13. Delivery - If the customer availed of the delivery service, clothes will be
delivery. The delivery dispatched time will be recorded in the record book
14. Releasing – for walk-in clients, clothes will be released by the cashier and
time of release will be recorded in the record book. (Note: clothes will be
56
1. Checking-in- this is where customers approach the service staff to avail
hour laundry worth the required minimum load is 5kilos for Php50.00 or
customer will inform the service staff that he/she is checking-out already
57
Pressing Service
1. Inspection of clothes for pressing if the fabric allows pressing and specific
temperature requirements
pressing.
Removing Stain
1. Prepare the necessary materials. (Gloves, cotton cloth, stain remover, laundry
basket)
2. Lay the cotton cloth on your work area - cotton cloth absorbs the stain while it
is being removed.
6. Apply the stain remover and gently scrub the area. Apply more stain remover
as necessary for stubborn stains; soak the garments for 5-15 minutes.
58
8. Place the garment in a basket for laundry.
1. Customer will call the laundry landline or mobile number for pick-up of items.
2. The delivery man will go to the customer’s house and weigh-in the laundry,
record all the necessary details in the logbook and bring the laundry to the shop.
3. After the laundry is done, the delivery man will then deliver the said laundry to
the owner and ask for payment. The payment will then be endorsed to the cashier
how to filter the grey water from laundry shop before disposing of the said water
to canal or sewer. This is a suitable process to avoid harmful effects of grey water
59
Figure 29 Filtration Process
Step 1:
The higher hole was made on the side of the
washing waste pipe, and the lower hole is for
the pipe to the drainage.
Step 2:
Vermin proof lid on the grey water filter box.
It comes with a secure lid, so that will also
deter vermin.
Step 3:
Larger filter stones layer the base of the
black box.
Step 4:
Smaller filter stones were laid on top of the
larger stone.
Step 5:
A couple of layers of shade cloth to hold the
sand.
Step 6:
A layer of clean sand.
Step 7:
Test run
60
PROJECT SITE
61
MATERALS
62
Table 15 Raw Materials
63
MACHINES AND EQUIPMENTS
3 units of benches
1pc. Of Ironing Board
Dimension: L36"xW20.5"xH16"
Php650.00
Php4, 499.25 @ 1, 499.75 each
64
TOTAL COST
Direct Labor
Wash-dry-fold(310/8*1.75) 67.81
Wash-dry-press(310/8*1.75) 67.81
Wash-dry-press (310/8*2.25) 87.19
Total Direct Labor Cost 67.81 67.81 87.19
Overhead-Electricity Consumption
Machine Washing & Drying (1hr & 15mins) 3.46 3.46 3.46
Pressing (30 min.) 3.46 3.46
T otal Overhead Cost 3.46 6.92 6.92
65
Table 19 Total Cost for Self-Service Laundry
Direct Labor
Wash-dry-fold(366/8*1.75)
Wash-dry-press (366/8*2.25)
Total Direct Labor Cost 0.00
Overhead-Electricity Consumption
Machine Washing & Drying (1hr & 15mins) 3.46
Pressing (30 min.)
T otal Overhead Cost 3.46
66
FINANCIAL ASPECT
The very aim of this chapter is to project how much capital is needed in
Considerations
1. The proprietor shall loan Php600, 000.00 from her company in starting up
2. The payment which will be received for services that the laundry shop has
4. There are no other liabilities aside from employee benefits, utilities, rent
and monthly amortization of Php600, 000.00 loans which were used to put
up the business.
67
Table 20 Loan Amortization
LOAN SUMMARY
Loan Amount: Php 600, 000.00
Annual Interest Rate: 9% Start of Amortization: January 2019
Loan Period in Years: 3 Scheduled Payment: 19,079.84
Number of Payment per Year: 12 Total Interest: 86,874.23
68
Table 21 Pre-operating Expense
PRE-OPERATING EXPENSE
MACHINES
Samsung Front Load Wash & Dry Machine 93,390.00
Whirlpool Top Load Washer 93,996.00
Whirlpool AWD70A Front Load Dryer 28,899.00 216,285.00
EQUIPMENTS
Powergen PG5100i-R Inverter Gasoline Generator 27,100.00
Kolin Split-type Aircon 19,100.00
Water Tank 10,000.00
Self- Computing Weighing Scale 2,198.00
Devant 32inc LED TV 19,995.00
Steam Iron 8,925.00
Flat Iron 900.00
Asus Desk Top 16,990.00 105,208.00
VEHICLE
Second hand tricycle 50,000.00
LEASEHOLD IMPROVEMENTS 50,000.00
FURNITURE & FIXTURES
Bench 1,499.75
Folding Table 2,499.75
Ironing Board 650.00 4,649.50
ADVERTISING EXPENSE
Tarpaulin 896.00
Leaflets & Flyers 6,000.00 6,896.00
SUPPLIES, ETC.
Plastic Container 1,739.75
Black Cloth 100.00
Calculator 50.00
Rubber Gloves 199.00
Fire Extinguisher 2,500.00
Laundry Basket 1,800.00
Dipper 99.00
Plastic Hangers 2,916.66
Big Plastic Basins 750.00
Tagging Paper Roll 9,000.00
Record Book 200.00
Order Slip 1,687.50
Face Mask Ear Loop 2,496.00
Water Hose 75feet 876.00
Packing Tape 3,744.00
Ballpen 60.00
Delivery Slip 1,300.00
Plastic and Sando bags 28,100.00 57,617.91
CLEANING PRODUCTS
2gals. Fabric Softener 7,902.02
5 gals. Laundry Spotter-Food/Grease/Oil/Lipstick/ Bodysoil
3,988.85
5 sacks Ecobrite Detergent 24,178.90 36,067.77
69
Table 22 Breakdown of Utilities
70
FINANCIAL STATEMENTS
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Table 25 Projected Five-Year Comparative Financial Position
ASSETS
Current Assets Year 1 Year 2 Year 3 Year 4 Year 5
Cash 318,298.12 613,700.14 1,045,408.33 1,851,164.25 2,810,059.92
Prepaid Rent 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
Total Current Assets 338,298.12 633,700.14 1,065,408.33 1,871,164.25 2,830,059.92
Owner's Equity
Capital 294,884.50 701,100.61 1,232,684.52 1,924,582.08 2,762,543.82
Total Liabilities and Owner's Equity 706,105.62 943,172.64 1,316,545.83 2,063,966.75 2,964,527.42
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Table 26 Statement of Owner’s Equity
OWNER'S EQUITY
Year 1 Year 2 Year 3 Year 4 Year 5
CAPITAL, Beg - 294,884.50 701,100.61 1,232,684.52 1,924,582.08
add: Net profit 294,884.50 406,216.11 531,583.92 691,897.55 837,961.74
Cash flow from Operating Activities Year 1 Year 2 Year 3 Year 4 Year 5
Cash received from
Net Income 294,884.50 406,216.11 531,583.92 691,897.55 837,961.74
Depreciation - Machines 19,466.00 19,466.00 19,466.00 19,466.00 19,466.00
Depreciation - Equipment 18,939.00 18,939.00 18,939.00 18,939.00 18,939.00
Depreciation - Vehicle 9,000.00 9,000.00 9,000.00 9,000.00 9,000.00
Depreciation - Leasehold improvements 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
Depreciation - Furnitures and Fixtures 930.00 930.00 930.00 930.00 930.00
Increase in Prepaid Rent (20,000.00)
Increase in Tax Payable 11,221.12 30,850.91 41,789.27 55,523.36 62,598.94
Net Cash Flows Provided for Operating Activities 344,440.62 495,402.02 631,708.19 805,755.91 958,895.67
Increase in Cash & Cash Equivalents 318,298.12 295,402.02 431,708.19 805,755.91 958,895.67
Add: Cash & Cash Equivalents, Beg - 318,298.12 613,700.14 1,045,408.33 1,851,164.25
Cash & Cash Equivalents, Ending 318,298.12 613,700.14 1,045,408.33 1,851,164.25 2,810,059.92
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Table 28 Payback Period
Payback Period
(Original Investment / Average Net Income)
Payback Period
Investment 600,000.00
Average Net Income 552,508.76
Payback Period 1.09 years
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Table 30 Break Even Analysis
WASH YOURS
Fixed Cost (Monthly) YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Water 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
Electricity 45,000.00 45,000.00 45,000.00 45,000.00 45,000.00
Permits & Licenses 476.33 476.33 476.33 476.33 476.33
Ammortization 19,079.84 19,079.84 19,079.84
Depreciation 4,861.25 4,861.25 4,861.25 4,861.25 4,861.25
Internet & Phone 1,999.75 1,999.75 1,999.75 1,999.75 1,999.75
Wage 63,362.00 63,362.00 63,362.00 63,362.00 63,362.00
Rent 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
Advertising 574.66 574.66 574.66 574.66 574.66
Total Fixed Cost 147,353.83 147,353.83 147,353.83 128,273.99 128,273.99
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CHAPTER 4
CONCLUSIONS AND RECOMMENDATIONS
CONCLUSIONS
female ages 26-35 years of age and residing in Leveriza Heights Subdivision.
Most of the respondents were government employees with the total household
income of P11, 000 to P20, 000. They are not the head of their families which are
composed of 3-4 members. They owned their houses and been living there for 5
times a week. Some also bring their 3-5 kilos of laundries in laundry shops
because the shops offer them fast service. For the households, they are in favor of
having a laundry shop in their location. They wish to avail the P24/ kilo Wash-
service for a minimum of 6 kilos also. They also want to avail the pick-up and
delivery service for P16.00 within 3 kilometers plus P5 for every additional 1
kilometer.
over a year while Max’s is already operating 11 years and above. St. Jude has its
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own area for laundry that’s why it does its own 30-40 kilos laundries but
sometimes avails services from a laundry shop. Max’s has no laundry area that’s
why its 20-30 kilos laundries are being done by a laundry shop. Both of the
establishments’ laundries are being done three times a week. St Jude Hotel’s
bed sheets & pillow cases while the other establishment’s laundries are composed
of tablecloths, curtains, and table napkins only. Although they have their own
service providers which offer cheap price & free delivery, they are still in favor of
having a laundry shop near their vicinities. And according to them, they may avail
RECOMMENDATIONS
The study is feasible and can be established near its target market because
the location is surrounded by most households inside the subdivisions. Each house
in any subdivision has limited space only which makes it difficult to sundry the
The study suggests that instead of offering both full-service and self-
service laundry, it must focus on full-service first since most of the markets prefer
the former. The survey results showed that most of the markets don’t want to do
their own laundries. Later on, Wash Yours Laundry can expand and include self-
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When it comes to sales projection, full-service laundry on Wash-Dry-
loyalty cards which will offer discounts to members who will avail this type of
service only.
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APPENDICES
Mazza, et al, Business Plan for a Self-Service Store Lavo Mate. (2005)
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