CHAPTER VIII

CONCLUSIONS AND RECOMMENDATIONS

Based on the feasibility study, the proponents are convinced that investing

in business of furniture is feasible. MUEBLES Repair and Restoration Services

could be a good source of income and could generate employment opportunities

especially in the area of Lipa City.

A. Conclusion

Service-oriented business has potential in the market. It allows freedom to

leverage skills and earn profit. MUEBLES Repair and Restoration Services is a

service-oriented business aiming to deliver excellent furniture repair and

restoration services. It also aims to guarantee earning profit and help labor force

in the community. To attain one of its goal, the business must be flexible to meet

and solve its problems especially those economic in nature that may affect its

operation. The proponents concluded that the proposed project is feasible and

viable in terms of location, proximity to the market, and market demand through

market, technical, financial, management, and socio-economic studies. An

investment of Php 2,835,227.39 will be needed by the business to start its

operation and the investment is anticipated to be recovered in 3 years and 10

months

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B. Recommendations

Based on the foregoing results and in consideration of its objectives, the

proponents recommend the following:

1. The business firm should thoroughly examine the marketing strategy so as

to capture market for furniture repair and restoration services.

2. Continuous research on furniture repair and restoration services should be

done to meet standards and demand of customers.

3. The business firm should be aware of the present situation in the market,

must adapt to changes, level up its marketing strategies, and innovate.

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