LAVERIE RULES: You Wear It, We Wash It!

LAVERIE RULES: You wear it, we wash it!
1.1 Name of the Firm
Among the various names that the proponents have thought, we have chosen
Laverie, French word for Laundromat, to be the official name of our proposed
business. This is because it represents the modernity of the business and so as
its general concept, to provide our customers with new, modern and fast way of
doing their laundry.
As a trend today, some businesses names their firm in different languages so
as to catch the attention of the customers. Having different language as a name
of the firm adds to its creative look. French as the second most elegant and
romantic language in the world is the reason why we chose the French term of
Laundromat.
The proponents come up with the name Laverie for the Laundromat because
it is catchy when it comes to young people and also it gives a connotation that
laundry can also be done in a fun, easy and time efficient way.
1.2 Company Logo and its Meaning
Logo is a symbolic representation of it’s entirely. A splat of water with
bubbles represents the process that clothes undergo in doing laundry. The
company chose the logo to best represent the service we want to offer the
customers. The customers can easily recognize the kind of service the business
would render by just looking at the logo. We add its name in the middle of it for
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the name to be remembered. We pick blue as the color of the logo because it is
the color of the water.
1.3 Location
The proponents chose a commercial space at Ellen’s Building, Demares
Farmville, Sta. Fe Village corner Mint and Oregano Street, Lopez Avenue, Brgy.
Batong Malake, Los Banos, Laguna.
The site is located on the road along the way to University of the Philippines
Los Banos. It is below a dormitory and is surrounded by commercial
establishments, like grocery, computer shops, other dormitories, apartments,
room for rent and food establishments. It is also beside the main road, which
makes it more accessible for potential customer to visit.
1.4 Brief Description of the Project
Laverie is not the typical laundry shop that you can see every day on
every corner. It is a Laundromat. A Laundromat is an establishment with coin
operated washing machine and dryer for public use. Since, it is not yet
introduced in the Philippines the proponents find it as an opportunity to venture
as a business. This is designed for customers who are expecting fast laundry
service and to contribute to the advancement of the laundry industry in the
country.
1.5 Project Summary
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This study covers the major aspects needed to undergo in the possibly
research, which indicates market feasibility, technical feasibility, management
feasibility and socio-economic feasibility.
1.4.1 Market Feasibility
The study implies the market possibilities of the business
showing a considerable number of demands, which is 90%. In
detailed format, this study is concerned with the target market
matters, its demand and how can the business be able to serve
the customers according to their preference.
With this study, the sales for the upcoming years are
being forecasted. Due to that, it gives information about how,
where, when should the business focus. Another thing that has
shown in this study are the strategies that the business may use
for the improvement and growth of its competing ability by
having additional services that was served in the Laundromat
like having a free Wi-Fi on the establishment itself.
1.4.2 Technical Feasibility
The Laverie that is located along the road of Lopez
Avenue will be offering a Laundromat service in its finest
alongside with pressing of clothes if the customer desires. Giving
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these services, certain standards must be followed by
employees. The nearby suppliers make the equipment and
supplies needed for the daily operations available. Most of the
utilities used were electricity, water, and telephone and internet
connection.
1.4.3 Management Feasibility
Laverie comes up with a partnership form of business
ownership because of some sited benefits. The owners will raise
the capitalization by contributing their won earnings and some
borrowings. Due to the small type of organization, this project
will come up with a simple organizational chart, which includes
the owners, administrative officer, supervisor and 3 attendees.
The management sets several policies to help them monitor the
proper behavior of their employees and to have a guide in
decision making process.
1.4.4 Financial Feasibility
The financial feasibility of the study shows a reasonable
amount for each cost and expense of the company. The income
statement of Laverie along with the projected one show a
positive outcome for the project. The financial analysis shows
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the ability of the company to overcome long term and short term
liabilities.
1.4.5 Socio-economic impact
Laverie is not only committed in providing excellent
services to its clients but also dedicated in contributing its
resources to the achievement of national growth and
development. Generating local employment and the proper
paying of taxes can do this so as having corporate social
responsibility.
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2.1 Brief background of the study
Laundry shop service is one of the most wide-spread business venture that
Filipinos patronize nowadays. In the Philippines there are large number of laundry
shop and also the same with dormitories.
It is a test for our study to prove that we can compete against international
and local Laundromat businesses. The uniqueness in our Laundromat industry lies in
our location. We will put it beside/under dormitories so that we can provide the
students of University of the Philippines-Los Banos an easy access of a Laundromat
business. Aside from that we will offer a free wifi inside our Laundromat
establishment for the students, ideally for doing research and studying while
waiting.
“A catchy name can catch them right away”, that is why we have decided to
name our business as “Lavarie”, a French term for Laundromat. The name itself gives
the meaning of the business --- Laundromat service that help you wash your clothes
hassle free.
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2.2 Objectives of the study
According to the research made by the proponents and after knowing the
needs of the prospective customers, they have concluded and formulated the
objectives of the study. To promote Laundromat service that is coin operated and
self-service different from the typical laundry shop; to create a Laundromat service
that is time efficient and convenient in terms of location; to provide quality services
at an affordable price; and to develop an idea that going to a Laundromat is more
enjoyable nad worthwhile than any typical laundry shop.
2.3 Operational Definition of the study
Detergent – a water-soluble cleansing agent that combines with impurities and dirt
to make them more soluble and differs from soap in not forming a scum with the
salts in hard water.
Dryer – a machine or device for drying something, especially the hair or laundry.
Fabric Conditioner – liquid used to soften clothes when they are being washed, or
specially treated squares of cloth used to soften clothes in the dryer.
Laundromat – used for a place that has machines for washing and drying clothes,
towels, sheets, etc. It is used for self-service laundry.
Coin-operated – a self-service laundry where the machines are operated by coins.
Washing Machine - a machine for washing clothes, bed linens, etc.
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Coat Rack - a rack or stand with hooks on which to hang coats, hats, etc.
Hanger - a shaped piece of wood, plastic, or metal with a hook at the top, from
which clothes may be hung in order to keep them in shape and free of creases.
Laundry Basket - clothes hamper: a hamper that holds dirty clothes to be washed or
wet clothes to be dried
Clothes Pin - a wooden or plastic clip for securing clothes to a clothes line.
2.4 Scope and Delimitation of the study
The proponents wanted to have a Laundromat service that would change the
way typical laundry shop does, as well as the different individual who are seeking
more convenient and time efficient business of this type.
This study will focus only to the unique self-service type of business that we
would be serving. It will operate within the University of the Philippines-Los Banos
in which the proponents selected to start of their operation.
The population that the proponents used in computing the sample size is the
population of the students from the dormitories inside the campus premises from
age’s 16 years old and above. The study basically focused on one location for the
Laundromat operation which is University of the Philippines Los Banos. In which
most of the questionnaires were distributed in this said dormitory.
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It also includes the requirements in putting up a business such as Department
of Trade and Industry (DTI), Bureau of Internal Revenue (BIR) and other legal
documents.
3.
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Market Study

Marketability of a product or service is one of the major determinants of a
feasibility study. Marketing is a strategy which is essential for companies to create
customer interest about the business. It doesn’t begin with a great idea or a unique
service. It begins with those people who want or need the service and will actually
accept it.
We must create an effective and cost-efficient marketing strategy for the
business to operate in a long run. A business must possess a detailed objective
understanding of their own business, and the market in which they operate, regard
with the product or service, promotion, price, and place of distribution. This
marketing strategy holds the business to stay in the long run.
3.1Objectives of the Study
The study aims to:
- know whether this kind of service will be feasible to the market
- determine the possible market of the business
- be able to project the future demand and supply of the business
- set reasonable price of the service
- able to know and analyze business edge over its competitors
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- develop the appropriate marketing strategies with regards to the
business
3. 2 Methodology
The determination of having the target market is done by getting the
population of University of the Philippines-Los Banos’ students staying in their
inside the university dormitories and outside or within the vicinity where the
proposed project will be located. The total population of that is 2,308. Using the
Sloven’s Formula with 5% margin of error, we can derive the number of persons to
be surveyed.

N
n= 1+N e2
n = 341
n= 2,308

1+(2,308)(0.05)2
2,308
n= 1+5.77
Where: N = Total population
n = sample size e= margin of error

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Sources of Data
The data gathered for this were obtained through survey questionnaires given
to the segmented market of the students staying in dormitories inside and outside of
the said campus. Primary data regarding the total population of the study was
acquired from the University of the Philippines Housing Office. Moreover, the
proponents also conducted an interview with some laundry shops near the location
to be able to get additional information that might be useful for the study. Also,
other information was taken from the books, internet and other related studies.
3.3 Demand
Year Population Gross Market Frequency / week Total Demand in units
Acceptability
2009 2193 90% 1 1,973
2010 2216 90% 1 1,994
2011 2239 90% 1 2,015
20122 2262 90% 1 2,035
2013 2285 90% 1 2,056
Brought by the fast growing population of students that are staying in
dormitories that needs a fast service when it comes to their laundry and because of
lack of laundry shop; we come up with this type of business. It is a great opportunity
for us to venture a Laundromat.
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3.3.1 Consumption for the Past year
Statistics from the University of the Philippines Housing Office are used to
calculate the past demand. It is projected using 1% population growth rate. The
student population is multiplied with 90% market acceptability which is based on
the question number 5.2 of our survey questionnaire. The frequency of the availment
of consumers is based on question number 6 of our survey questionnaire.
3.3.2 Major Consumers
The major clients of the service are the students staying in dormitories
which maybe inside or outside the campus. Every students staying in dormitories
can be a customer. Based on the conducted survey, most of the respondents will
patronize the business.
Geographic
Region: Region 4, Calabarzon
Location: Los Banos, Laguna
Barangay: Lopez Avenue, Barangay Batong Malake
Demographic
Age: 17-20
Gender: Female and Male
Monthly income/allowance: 3000 and below
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Year level: First year-Fifth year
Number of school days in a week: 4-5 times
Psychographic
Personality: Practical, time conscious, curious and modern
3.3.3 Projected Demand
Year Target General Market Frequency / Target Market
Population Acceptability Week
2015 2308 90% 1 2077
2016 2331 90% 1 2097
2017 2354 90% 1 2119
2018 2377 90% 1 2139
2019 2400 90% 1 2160
To determine the projected demand, we considered the projected population
of University of the Philippines-Los Banos’ students staying in their inside the
university dormitories and outside or within the vicinity where the proposed project
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will be located. Target Market are the people who availed the service Laverie offered
and who are willing again to purchase in the future.
Target Market = (Target Population) (Gross Market Acceptability)
= (2308) (90%)
Target Market (2015) in Batong Malake = 2077 (in units)
Total Demand = (Target Market) (Frequency of Availment per
Week)
Demand for 2015 = (2077) (1)
3.4 Supply
To analyze and interpret the current supply of our market, the researchers
used personal interviews from conducted survey. Since 78% of the respondents are
not aware of the self-service type, coin operated and time efficient Laundromat,
based on the question number 5 of our questionnaire. In addition to that 22% of the
students that are aware of the service said that this type of business is only present
in other countries.
3.4.1 Past Supply
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Supply for the past years is the same as the consumption for the past years
since Laundromat cannot be inventoried unlike physical good and products. To
determine the projected supply, the researchers assumed 20% of supply from their
projected demand.
Year Projected Assumption Frequency / week Supply
demand
2009 1,973 20% 1 395
2010 1,994 20% 1 399
2011 2,015 20% 1 403
2012 2,035 20% 1 407
2013 2,056 20% 1 411
3.4.2 Projected Supply
Same procedures were made in Table in getting the projected supply.
The said growth rate used in getting the demand was still used in projecting the
proceeding years.
Year Projected Assumption Frequency / week Projected supply
demand
2015 2077 20% 1 415
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2016 2098 20% 1 420
2017 2119 20% 1 424
2018 2139 20% 1 428
2019 2160 20% 1 432
3.5 Demand and Supply Analysis
Using projections of demand and supply as of supply as of 2015-2019,
we can identify the gap between the two, by deducting the projected supply to the
projected demand.
Table 5: Demand and Supply Gap
Year Projected Demand Projected Supply Gap (in units)
2015 2077 415 1662
2016 2098 420 1678
2017 2119 424 1695
2018 2139 428 1711
2019 2160 432 1728
3.6 Market Share
By attaining such mount of market share, as shown in the table above,
we were assuming the exact customer per week.
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Year Available Market Market Share Total
2015 1662 19.98% 332
2016 1678 20% 336
2017 1695 20% 339
2018 1711 20% 342
2019 1728 20% 346
projected supply
M arket Share = projected demand
x100
3.7 Marketing strategy
Product
The business is directly committed to total customer satisfaction by providing
a modern and high standards services with affordable prices.
The Laundromat business provides its customers a unique and convenient
way of washing clothes. It also offers a free Wi-Fi for students ideally for doing
research and studying while waiting.
Brand
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The name of the firm was conceptualized in a creative way that it could vik
ly be remembered by potential customers.
“Laverie” is a French term for Laundromat where people can pay to use
machines to wash and dry their clothes. The name itself give a unique and
interesting identity of the business.
Pricing
The proponents used Value Based Pricing as a basis for the assumption of the
price of the service rendered, since there is a shortage of laundry shop in the said
location. The service would cost P55 per kilo. It would cover the washing and the
drying of the clothes. As for the ironing services, the proponents take It as an option
for the customers which costs P9 peso.
Place of Distribution
The proponents have chosen the place located along the road on the way to
University of the Philippines Los Banos with a business address of Ellen’s Dormitory
Demarses Farmville, Sta. Fe Village corner mint and oregano street Lopez Avenue,
Brgy. Batong Malake, Los Banos, Laguna of about 50 sq. m.
Our strategic place of distribution by its proximity is below Ellen’s Dormitory
along the road on the way to the campus, so as to have easy access among
students. It is surrounded by different food and other establishments, could turn
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their sights towards our location which totally generate a wide range of prospective
customers.
We assure the customer’s quality service with the highest level of satisfaction
that will either make or break their decision to go back and patronize the place
again. In attending so, the store manager must be present most of the time.
Promotion
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The proponents presumed that the advertising expense in Flyers/leaflets is 5,
000 pieces. They agreed to advertise twice a year multiply to the target market of P
2, 500.
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The proponents presumed that the cost of posters is P 3, 000.00 per year.
They agreed to print 50 pieces of posters per month multiply to 12 months.
The proponents presumed that the total cost of tarpaulin is P 2, 800.00 per
year. They presumed that the total cost per quarter is P 700.00 multiply by 4 to get
the total of P 2, 800.00.
The proponents presumed that the total advertising expense per year is P 10,
800.00. They presumed to print 5, 000 pcs. Of flyers that cost P 5, 000.00, 600 pcs.
of posters that cost P 3, 000.00 and 8 pcs. Of tarpaulin that cost P 2, 800.00 to get
the total of P 10, 800.00 per year.
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Logo
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A splat of water with bubbles represents the process that clothes undergo in
doing laundry. The company chose the logo to best represent the service we
want to offer the customers. The customers can easily recognize the kind of
service the business would render by just looking at the logo. We add its name in
the middle of it for the name to be remembered. We pick blue as the color of the
logo because it is the color of the water.
Technical Study
4.1 Objectives of the Study
-determine the supplies, equipment, machineries and utilities to be used in the
operation
-design and develop an effective schedule and operation process to be used
-determine the suitable location for the business
-determine the location cost
-determine the direct labor cost requirements for the operation of the
business
4.2 Product/Services
4.2.1 Description of the Service
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Washing clothes is one of the many things that people can never forget to do.
Even the early times, Filipinos, especially women, tend to do their laundry as early as
the sun is up. This is to make sure that their clothes will dry at the end of the day. In
the Philippines, laundry shops made washing clothes at ease but it takes more time
to visit them and wait for several days for the customers to claim it. For these
reasons, the proponents of this study comes up with a solution, a coin operated
laundromat near you.
Laverie is a laundromat business that provides a higher level of experience to
your laundry savvy. It offers coin-operated washing machines and dryers that
people will enjoy using. Since it is a self-service, one could relax while waiting for
their laundry to finish. Laverie Inc. will be situated in Demarses Farmville, Sta. Fe
Village corner Mint and Oregano Street, Lopez Avenue, Brgy. Batong Malake, Los
Banos, Laguna and will cater most of the students residing in the dormitories by the
area. It included:
-students of UPLB (served market)
-staff, employees and people residing near the area (unserved market)
4.2.2 Uses of the Service
Since a higher level of experience to people’s basic laundry know-how
is the primary concern, Laverie can be an alternative way of washing clothes for the
reason that:
-it offers convenience because it is situated near the target market.
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-it offers coin-operated washing machines and dryers at a reasonable price.
-it offers the customers the freedom of washing their own clothes separate with the
clothes of other people. It will also benefit the people of UPLB, given that they are
exhausted for studying/working long hours and they still need to wash their clothes.
Customers could go to the shop, put their laundry in, and as they wait, they could do
extra work such as surfing the internet or reviewing their lessons because the shop
has provided free Wi-Fi.

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4.3 Operation Process
4.3.1 Operation of Laverie
Pre-Opening 7-8am 1. Checking and Setting of machines
2. Supplies Inventory
3. Sanitation Procedures
Operation 8am-8pm 4. Laverie Opening
5. Actual Opening
Closing 8-9pm 6. Closing of Laverie
7. Sanitation Procedures
8. Collection of coins in the machines
(Weekly basis by the owner)
4.3.2 Operating Schedule
1. Checking and setting of machine is at 7:00 in the morning.
2. Supplies inventory and sanitation procedures is done around 7:00 in the
morning.
3. At exactly 8:00 in the morning, the shop will operate and will close at 8:00
in the evening.
4. After closing, sanitation procedures will be conducted.

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4.3.3 Service Process
1. Customers will go inside the establishment.
2. The attendees will greet the customer, then will assist the customer
towards the counter.
3. The attendee will help the customer in weighing the clothes that the
customer bought for laundry.
4, After identifying the weight of the customer’s laundry, the attendee
will give the corresponding detergent and fabric conditioner ( the measurement of
detergent and fabric conditioner per scoop depends on the weight of the laundry.)
5. The attendee will now assist the customer towards the Laundromat.
6. The customer will put the laundry as well as the detergent and fabric
conditioner inside the top load washing machine and will insert the coins in order for
it to spin.
7. After washing, the machine will automatically stop and can now be
opened, the customer will now get the laundry and transfer inside the dryer and
insert corresponding coins in order for it to spin.
8. While waiting for the clothes to dry, the customer can sit in the long
bench at the center of Laverie.
9. When the clothes finally dried, the customer may now get the
laundry and put it in the basket provided. The customer can use the bench while
folding the clothes.
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10. Lastly, when the customer is done with the laundry, the attendee
can walk the customer to the front door with a smile.
4.3.4 Schedule of Employees
Days of Operation: Sunday to Saturday
Operating Hours: Break Time:
1st Shift: 7am-4pm 12nn-1pm
2nd Shift: 12nn-9pm 4pm-5pm
Supervisor: 9am-6pm 1pm-2pm
There will be (4) Shifts of operating hours; the first shift starts from
7am-4pm, for the opening shift employee. The second shift starts from 12nn-9pm
for the closing shift employee. They will have a one-hour break. All business
transactions will be done during office hours.
Observance of holidays is important in operation schedule. Proprietors came
up with the annual operation by scheduling legal holidays and all Sundays of the
whole year. Meanwhile, working hours per year has been determined by multiplying
hour’s per day by working per year.
No. of Days/year 365days
Less – (New Year’s Day, Holy Week, Rizal day, Labor Day,
Araw ng Kagitingan, National Hereos day,
Independence Day, Ninoy Aquino day, Bonifacio day,
All Souls day, Christmas day) 11days
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Total 354days
No. of hours per day x 134hours
4,956 hours
4.4 Machinery and equipment

Name Quantity Price Total Supplier

Washing Machine

3 68,000 272,000 Speed
Queen

Dryer

3 40,000 160, 000 Speed
Queen

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Television

1 5, 200 5, 200 Abenson

Flat Iron

1 350 350 Starmall

Coat
Rack

1 1200 1200 SM
Appliance
Store

Ironing Board

1 350 350
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Aircondition

1 25, 000 25, 000 Abenson

Exhaust Fan

1 828 828 Abenson

Weighing Scale

1 1, 000 1, 000 OLX

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Fire Extinguisher

1 4, 500 4, 500

4.5Furniture and Fixtures

Name Quantity Price Total Supplier

Long Bench

1 1, 898 1, 898 OLX
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Counter Table

1 999 999 Puregold

Office Cabinet

1 599 599 Puregold

Office Table

2 2998 5996 Abenson
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Shelf Locker

2 2, 000 4, 000 Puregold

Office Chair

2 1, 058 2, 116 OLX

Monoblock Chair

5 250 1, 250 OLX
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4. 6 Floor Plan
4.6.1 External Layout
4.6.2 Internal Layout
4.6.3 Electrical Layout
4.6.4 Plumbing Layout
4.7 Supplies/Raw Materials
4.7.1 Raw Materials

Quantity Price Total
Detergent 25 kilos/month 250 6, 250
Fabric 25 kilos/month 300 7, 500
Conditioner
TOTAL 13, 750

4.7.2 Supplies
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Laundry 5 200 1, 000
basket
Hanger 20 120 120
Clothes pin 20 50 50
Scooper 4 30 120
Cups 4 60 240
TOTAL 1, 530

4.7.3 Office Supplies
Calculator 1 250
Ballpen 5 10 50
Record book 12 30 360
Bond paper 500 pcs 250 250
Pencil 5 10 50
Paper clip 10 pcs/box 66 66
Pin 10 pcs/box 20 20
Puncher 1 50 50
TOTAL 2, 046

4.7.4 Other Supplies
Rag 10 30 300
Trash bin 2 300 600
Broom 2 150 300
Dust pan 2 100 200
Dipper 1 100 100
Pail 1 120 240
Tissue 20pcs/pack 100 100
Garbage bag 30 120 360
TOTAL 2, 200

4.8 Utilities
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The source of power supply of Lavarie will come from the electric line of
MERALCO and the water supply will be from Laguna Waters. Communications will
be from PLDT using a landline telephone, bundled with the internet connection.
4.9 Waste Disposal
Laverie will follow precautionary measures to comply with the requirements
in protecting and conserving the environment. Laverie will provide two receptacles,
one biodegradable and one for non-biodegradable.
The waste collected will be incurred by the public dump truck on a scheduled
day in the barangay and will be disposed. The proponents will pay the garbage
collection fee that is required by the barangay. Used water from the machines shall
be directed by a pipeline to the sewage system.
4.10 Direct Labor Requirement
For the reason that Laverie is only a new firm and is just starting, it will
only hire one personnel that is knowledgeable and skillful in this field. The partners
will also serve as the initial workers in the beginning of the business.
Store Supervisor
Salespersons
4.11 Uniform and Identification Card
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MANAGEMENT STUDY
The study aims to:
- define the organizational structure of Laverie
- establish the amount of investment to be contributed by each partner
- provide just compensation and proper benefit of the employees
- convene legal requirement needed in accordance with the law for the
operation of the business
5.2 Form of the Business Ownership
The Laverie Inc. will be established as a partnership business composed of six
members as the owners of the business. Being a partnership business, the relation
of the partners arises from contract and not from status, the operation of law or
inheritance.
The following are requisites of partnership as states in our New Civil Code of the
Philippines:
1. A voluntary and valid agreement among the parties
2. A lawful purpose for which the partnership is organized
3. Contributions of money, property or industry
4. An association for a profit to be divided among the factors
5. Mutual agency among the partners
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6. A practice of transparency on the records and transactions of the
partnership
The Articles of Partnership is necessary and must not be kept secret. The fact that
partners have mutual agent of partnership, all partners must know the terms and
conditions of the contract of partnership.
5.3 Capitalization
Each members of the partnership agreed to contribute equal capital
requirements for the business, which costs P3, 000,000. The division of the amount
is as follows:
Bolivar, Bearnela - P500, 000
Buenavista, Danielle Anne - P500, 000
Damian, Lira Mae - P500, 000
Dionisio, Jamzeinna - P500, 000
Dollosa, April Jean - P500, 000
Remillo, Robelyne-Reala - P500, 000
TOTAL - P3, 000,000
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5.4 Mission and Vision
5.5 Organizational Structure
Figure 1: Organizational structure of Laverie
5.5 Manpower Requirements
The key to a success business lies in choosing the right employees as describe
based on duties and responsibilities of a job.
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Job analysis is an important tool in determining the physical requirement of a
job. The purpose of conducting job analysis is to prepare job description and job
specification, which in turn help to hire the right quality of workforce in the
organization.
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Manpower Requirements
Job Title Job Description Job Specification
● Administrative and ✓ Responsible in ✓ A graduate of
Finance Manager managing and management or
monitoring the any business
financial condition course
of the business ✓ With at least 3
✓ Responsible for years relevant
the inventory of working experience
weekly sales in the ✓ Excellent in English
store communications
✓ Communicates skills
with owners for ✓ With strong
any update leadership qualities
✓ Responsible for
the recruitment
and selection
process of
employees
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● Store Supervisor ✓ Responsible in ✓ Must be a college
monitoring graduate of
transaction in store business
✓ Oversees the management or
laundromat any related course
operation and sees
to it that service is ✓ Must not over 30
carried out years of age
according to ✓ Must be a
prescribed computer literate
standards ✓ Must possess oral
✓ Ensure that all and written
needed supplies communication
are available, clean, skills
and in good ✓ Must have an
condition before experience in any
the start of the supervisory field of
operation marketing
✓ Handles and
guides the sales
staff in the
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operations of the
store
● Attendee ✓ Responsible for ✓ At least high
the facilitation of school graduate
the coin-operated ✓ Must not over 30
washing machine years of age
and store ✓ Must undergo
machines and trainings
equipment used in conducted by
business management
operations
5.6.1 Recruitment and Selection Process
When the establishment is open for hiring, an applicant shall go through the
following steps:
➢ The applicant must fill out an application form with list of persons who can
guarantee his/her character.
➢ He/she shall take test, which include I.Q. test, psychological test and personality test
that will vary depending on the position being applied to.
➢ Qualified applicant will be scheduled for an interview by the administrative office.
The Administrative Manager is responsible for processing the application. He
will also decide whether an applicant is accepted or not.
47 | Page
Prospective employees will received a call from the officer-in-charge if they
are accepted and are required to submit residence certificate, mayor’s permit and
medical certificate by a certified health officer, police and NBI clearances. After all
the requirements are submitted, they will be oriented regarding their duties,
undergo training and they will be assigned to their works
5.6 Compensation
Compensation
POSITION BASIC ECOLA SALARY MONTHLY ANNUAL
PAY PER DAY SALARY SALARY
Administrative P 373.80 P 60.00 P 433.80 P 8676.00 P104,112.00
and Finance
Manager
Store P 333.75 P60.00 P 393.75 P 7875.00 P94,500.00
Supervisor
Attendee 1 P 267.00 P60.00 P 327.00 P 6540.00 P78,480.00
Attendee 2 P 267.00 P60.00 P 327.00 P 6540.00 P78,480.00
Attendee 3 P 267.00 P60.00 P 327.00 P 6540.00 P78,480.00
TOTAL P 1, P 300.00 P 1, 808.55 P 36, P 434,
508.55 171.00 052.00
*net pay depends upon the deduction or addition made upon the basic pay.
48 | Page
Aside from SSS and PhilHealth, employees are entitled to receive the
following:
➢ 13th month pay
➢ Christmas Bonus
5.7.1 Employee Work Schedule
Employee Work Schedule
TOTAL
MONDA TUESDA WEDNESDA THURSDA FRIDAY SATURDA SUNDA NO. OF
EMPLOYEE
Y Y Y Y Y Y WORK
DAYS
Administrativ
e and Finance / / / / Off Off / 5 days
Manager
Store / / Off Off / / / 5 days

Supervisor
Attendee 1 / Off Off / / / / 5 days
Attendee 2 / / / Off Off / / 5 days
Attendee 3 / / / / / Off Off 5days
5.7.2 SSS and PhilHealth
All employees of the company must register with the Social Security System
(SSS) and are therefore entitled to all its benefits and services. These are made
possible through the SSS deductions from their pay plus the company’s
corresponding monthly contributions.
49 | Page
SSS provides the following benefits:
✓ Sickness Pay
✓ Maternity Pay
✓ Disability Pay
✓ Loans – Salary, Educational Calamity, Housing, Stock Investment
✓ Funeral Benefit
✓ Death Benefit
✓ Retirement Benefit
PhilHealth shoulders part of the employees’ hospital bills.
5.7.3 SALARY ADMINISTRATION

5.7.3.1 Payment of Salaries
Their salary shall be on cash basis. Their pay slip shall reflect their regular
earnings, extra earnings like overtime and holiday pay and deductions for
withholding tax, SSS and PhilHealth for the pay period.
Paydays are scheduled at the end of the month for administrative and
financial manager and store supervisor and at 15th day and the end of the month for
the rest of the employees.
5.7.3.2 Paid Number of Days
Employees paid on a daily basis are on a no work, no-pay status.
5.7.4 PERFOMANCE EVALUATION
50 | Page
5.7.4.1 Performance Appraisal
The company follows the Pay-per-Performance philosophy. Therefore, the
regular performance assessment is very important.
Periodically, the store supervisor will evaluate the performance of the
attendee based on certain criteria. The company may respond appropriately,
including termination, if your performance consistency falls below standards.

51 | Page
5.7.5 ORGANIZATIONAL POLICIES
5.7.5.1 Personnel Policies
Laverie values its workforce based on the belief that the company’s greatest
asset is its work force.
5.7.5.2 Recruitment / Hiring
Applicants are selected based on compliance with the basic qualification
requirements of the position, as stated in the Manpower Requirements section. All
applicants for employment shall be required to fill out the application for
Employment Form (File 201) and should pass all the tests and interviews before
complying with the following personnel requirements:
● SSS Identification Card or E-1 from
● Photocopy of Birth Certificate
● Recent NBI Clearance
● 2 pcs. 2 x 2 colored ID Picture (white background)
● Physical/Medical Certificate
5.7.5.3 Employment Agreement
The newly hired employees are required to understand and sign the
Employement Agreement presented to him/her on or before the first day of
reporting for duty.
52 | Page
5.7.5.4 Conflict of Interest
The company prohibits any employee from engaging in personal activities or
business dealings violating the company’s best interest while employed.
5.7.5.5 Employment Status
As an employee, employment status will be:
1. Regular Employee – one who has satisfactorily completed the probationary
period. As a permanent employee, he / she is entitled to all company benefits and
privileges.
5.7.5.6 Non-working Holidays
The company shall be opened on all days of the year except on the following
dates:
● New Year’s Day (January 1)
● People Power Day (February 25)
● Holy Thursday
● Good Friday
● Araw ng Kagitingan (April 9)
● Independence Day (June 12)
● Labor Day (May 1)
● Ninoy Aquino Day (August 21)
● National Heroes’ Day (Last Sunday of August)
53 | Page
● All Saints Day (November 1)
● Eid al-Fitr (based on Islamic Calendar)
● Bonifacio Day (November 30)
● Christmas Day (December 25)
● Rizal Day (December 30)
● New Year’s Eve (December 31)
5.7.6 EMPLOYMENT DECORUM
5.7.6.1 Work Schedule
Since the pre-opening of the operations is 7am, we will start at 8am. Sales
staff and store supervisor are given 60 minutes for their lunch break. Lunch break is
at 12:00 to 1:00 pm depending on the schedule of the employee. Employees follow a
regular eight-hour working schedule, from Monday to Sunday depending on their
schedule.
Other exceptional dates for the operation of the business shall be decided upon the
administration based on the following conditions:
● Bad weather
● Emergency events
● Other unexpected circumstances
5.7.6.2 Attendance
54 | Page
They are expected to observe their scheduled work hours. If they have to be
absent, prior approval must be secured before they intend to leave through the
Leave Application Form.
The detailed procedures for filling of leaving the following:
1. Fill up the necessary information on the Leave Application Form available at the
Office of the Store Supervisor. It shall be filed upon the Personnel Department at
least one day before the corresponding requested leave.
2. Submit the fill-up form to the Supervisor for approval.
3. The immediate supervisor shall affix his/her signature on the application form as a
proof that the application form is reviewed and approved, and then the form shall be
returned to the Store Supervisor.
4. The employee shall be informed about his/her Leave Application Form being
approved or rejected immediately upon signature of the store supervisor.
5.7.6.3 Punctuality
They are expected to report on time, not only at the start of the work, but also
after break time. They must plan their daily activities and provide allowance for any
unexpected delays so that they can report promptly.
They shall be given a grace period of thirty minutes. After which their
tardiness shall be subject to salary deduction and the corresponding disciplinary
action under the Company Code of Discipline.
55 | Page
5.7.6.4 Overtime
On some occasions, they may be required to render overtime work (work
beyond their regular work hours) or to work during their rest day or holiday.
If they are a Rank and File employee, they are entitled to overtime pay.
Overtime should have prior approval through the Overtime Request Form. Without
this form, their overtime work may not be credited for payroll purposes. They are
entitled to the overtime pay rates for their overtime work as provided for by law.
5.7.6.5 Work Attire
The Store supervisor is required to wear business attire and closed leather
shoes. The rest of the employees shall be provided with uniforms they required to
wear inside the workplace.Proper grooming is also required for the employees.
Short haircut for male employees and proper hairstyle, light make up for female
employees and clean nails are observed.
5.7.6.5 Identification Cards
Employees shall be provided with identification card that they must wear at
all times inside company premises.
5.7.6.7 Personnel Records
56 | Page
Employees’ personal records must be kept up-to-date to insure that the
company can give their employees the service and opportunities to which they are
entitled.
5.7.6.8 Health and Safety Work
All employees are expected to observe healthy and safety measures set up by
the company. These include maintaining the cleanliness of equipment and work
areas, proper use of comfort rooms and observance of personnel hygiene, proper
waste disposal and wearing of appropriate uniform for proper grooming.
5.7.7 EMPLOYEE BENEFITS AND PRIVILEGES

5.7.7.1Paid Holidays
All employees are entitled to full pay for the following holidays even if they do
not work on these days:
● New Year’s Day (January 1)
● People Power Day (February 25)
● Holy Thursday
● Good Friday
● Araw ng Kagitingan (April 9)
● Independence Day (June 12)
● Labor Day (May 1)
● Ninoy Aquino Day (August 21)
57 | Page
● National Heroes’ Day (Last Sunday of August)
● All Saints Day (November 1)
● Eid al-Fitr (based on Islamic Calendar)
● Bonifacio Day (November 30)
● Christmas Day (December 25)
● Rizal Day (December 30)
● New Year’s Eve (December 31)
However, upon the declaration of the Rationalizing the Celebration of National
Holidays Law or the Republic Act 9492, it is required to the employees to work on
the dates given above if it is not a religious event.
If the employees are required to work on the Monday prior to the holiday, they will
receive holiday premium as additional pay.
5.7.7 SEPARATION
5.7.8.1 Resignation
The company would like their employees to stay on and grow with it as long
as possible. However, some factors may arise which may impel them to resign
voluntarily. In such case, they are expected to inform the Store Supervisor of their
decision and submit a resignation letter allowing at least 30 days’ notice.
Their clearance shall be prepared in their last working day.
58 | Page
5.7.8.2 Termination
In other cases, it can be the company who may wish to terminate their
employees’ services. Employee may be terminated if they fail to improve their
performance even after repeated warnings, or if the grossly violate any company
rules and regulations.
5.7.9 CODE OF CONDUCT
5.7.9.1 RATIONALE
Company Rules and Regulations, herein embodied as part of the Code of Conduct
(thereafter referred to as “Code”) re-established to guide all employees in their work
behavior and performance. These are necessary to ensure the orderly conduct of the
business to afford protection to both the company and its employees.
When violation of the Company rules and regulations occurs, disciplinary action is
imposed to correct rather than punish the individual. Disciplinary action may vary
depending on the history, circumstances and gravity of the offense. In all instances,
the employees shall be treated fairly and accorded his right to due process.
5.7.9.2 RESPONSBILITY
59 | Page
The code implies to all employees, regardless of status and location. It is every
employee’s responsibility to know the company rules and regulations and to be
guided by such work conduct and performance.
5.7.9.3 DUE PROCESS
Every employee shall be accorded due process in case of violation of any
company rules and regulations prior to the imposition of any disciplinary action. This
means providing the employee many opportunities to explain his side, and giving
notice of the disciplinary to be imposed and the cause for such in conformity with
these guidelines:
1. The Store Supervisor shall inform the employees about the violation and direct him
in writing to submit a written explanation within forty-eight hours.
2. The Store Supervisor shall conduct an investigation of the incident.
All records pertaining to the case proceedings shall be kept in the employee’s 201
file.
5.7.9.3 DISCIPLINARY ACTION
Disciplinary action is imposed in progressively increasing weight, as follows;
Written Warning – written admonition given to an employee who has committed,
for the first time, an infraction of Category A Company rules and regulations. This
60 | Page
will include warning that repetition of the same offense shall be dealt with more
severely.
Stern Reprimand – a written stern reprimand which is given to an employee who has
committed a Category A offense for the second time, or Category B offense for the
first time.
Suspension – a forced temporary absence from work imposed as a penalty for gave
offenses or repeated infractions. Days of suspension refer to the number of working
days an employee is required to be out of work. An employee is deprived of his pay
for the period of his suspension.
Termination/Dismissal – imposed when the employee repeatedly violates the same
offense, for which warning, reprimand or suspension have previously been imposed,
and when such offense/s are already of such nature that they constitute just cause
or reasonable ground for dismissal under the Labor Code.
Preventive Suspension – may be imposed on an employee pending investigation of
his case, if his presence poses a serious and imminent threat to the life of properly of
the company or its employees. This should not last more than thirty days.
61 | Page
Payment of Damages – over and above the penalties mentioned, the employee may
also be required to pay the value of any property damaged/lost due to his negligence
of act.
Table: TABLES OF DISCIPLINARY ACTION
Offenses shall be classified under four categories, i.e. Category A., Category
B, Category C, and Category D. The disciplinary action may be imposed hall depend
primarily on the gravity of the offense and may be influenced by mitigating or
aggravating circumstances surrounding the cases. As a rule, however, the
disciplinary actions for each category of offense are as follows:
CATEGORY OF OFFENSES DISCIPLINARY ACTION
Category A
1st Offense Written Warning
2nd Offense Stem Reprimand
3rd Offense 1-5 working days suspension
4th Offense 6-10 working days suspension
5th Offense Dismissal
Category B
1st Offense Stem reprimand or 1-5 working
Days or Suspension
62 | Page
2nd Offense 6-10 working days suspension
3rd Offense 6-30 working days suspension
4th Offense Dismissal
Category C
1st Offense 1-15 working days suspension
2nd Offense 11-15 working days suspension
3rd Offense Dismissal
Category D
1st Offense Dismissal
Table: TABLE OF OFFENSES
A. NEGLIGENCE OF DUTY
1. Failure to report immediately a personal injury occurring on
company time or within company property or premises. A
2. Receiving visitors during office/operation hours
without prior permission. Receiving or making
excessive or lengthy unofficial telephone calls. A
3. Failure to notify the Store Supervisor of any changes
in personal data such as address, civil status, etc.
within seven working days from such change/s. A
4. Shortage or overage of daily cash collection by sales staff. A
5. Holding unauthorized or unofficial meetings
63 | Page
during company time. B
6. Loafing / wasting time, prolonging rest periods for
more than what is authorized, or loitering in comfort rooms,
co-employees workplace away from the subjects assigned
workplace while on duty. B
7. Leave place of work during working hours without permission
from store supervisor for leaving the company compound without
permission at any time before the end of the employees work shift. B
8. Malingering or feigning illness to avoid doing assigned work to
avoid returning to work. B
9. Sleeping or napping on company time while on duty. B
B. DISHONESTY
1. Any attempt to falsify reports, receipts, invoices or any
other documents, upon reimbursed is based. D
2. Bribery or offering or accepting anything of value in exchange
of job, work assignment, work location or favorable
condition to employment. D
C. OFFENSES AGAINST AUTHORITY
1. Any act consulting disrespect to or utter contempt
for Company Authorities. C
2. Any act which constitute a threat or intimidation
against the person of a company authority with the intent
64 | Page
of causing embarrassment, harm or bodily injury. D
3. Refusing to accept or carry out official assignments
issued by the immediate superior or any senior officer. D
D. OFFENSES AGAINST PERSONS
1. Any attempts to inflict or cause to any bodily injury
having in fact inflicted or caused bodily injury while
inside the company premises during company time. D
2. Sexual Harassment. D
E. OFFENSES AGAINST PROPERTY
1. Defacing company properties, tampering, printing of
walls or façade of building and any other forms of vandalism. C
2. Theft, robbery or appropriation for personal gain or benefit. D
3. Any company property, regardless the amount of property. D
4. Engaging in authorized sales company property for
personal benefit. D
F. OFFENSES AGAINST PUBLIC MORALS
1. Showing or exhibiting pornographic materials, pictures
or literature on company time and on company premises. D
2. Showing discourteous acts towards customers. B
3. Borrowing money from subordinates. C
G. OFFENSES AGAINST PUBLIC HEALTH AND SAFETY
65 | Page
1. Disregard of any notice or sign such as smoking in
“NO Smoking” areas. B
2. Refusal or failure to follow safety rules. B
3. Working while under the influence of liquor,
intoxicating drinks prohibited drugs. C
4. Having a serious contagious disease which may endanger
health of the employees and knowing about it, fails to report
of willfully withholds such information to the company. D
H. SECURITY
1. Failure to wear, or improper wearing of company
identification card/nameplate or prescribed uniform
or alternation of uniform. A
2. Causing loss of accountable forms or documents due to
careless or negligence. B
3. Refusal to submit to or failure to meet security
requirements of the company. C
4. Unauthorized possession or carrying firearms, explosives
or other deadly weapons inside the company premises. D
I. ATTENDANCE
1. TARDINESS – exceeding the grace period of 30 minutes.
Tardiness shall be considered as one offense. A
2. ABSENCE WITHOUT OFFICIAL LEAVE – each day
66 | Page
Absence is a separate offense. B
J. OTHERS
❖ Conviction of any criminal offense under the law. D
5.8 Legal Requirements
Upon establishing the business:
1. Registration of Business Name – before putting up a business, an ideal
name should be considered most. It represents the identity of the business.
Proposed business names should be checked on the Department of Trade and
Industry to make sure that there is no business that uses the proposed names.
Thinks of at least five (5) proposed names for the business so that it will be easier to
change in case the proceeding business is unavailable anymore. If the proposed
business name is approved, it should be applied as the official name of the business.
2. Articles of Partnership/Incorporation – this is mainly for business with the
partnership or corporation form. It is submitted to the Securities and Exchange
Commission for registration of the business. This includes the name of the company
business, the company profile, the organization format or chart, the capital
investment or paid-up capital, and other required information. Attach the filled-up
SEC Form designed for the registration of the partnership/corporation and submit to
the SEC with the corresponding fees.
3. Business Permit Application – this is mainly required when someone in the
community plans to put up his own business, whether it is a sole proprietorship,
67 | Page
partnership, corporation or a cooperative business. Fees are subjected to be paid
upon application.
4. BIR Form No. 1903 (Application for Registration for
Partnership/Corporation) – this is the duly required to be accomplished by
corporations, partnerships, government agencies nd instrumentalities, and local
government units. This will be accomplished with the Revenue District Office having
jurisdiction over the principal place of business or branch/regional office.
5. BIR Form No. 1906 (Application for Authority to Print Receipts and
Invoices) – this is needed when the establishments will issue printed receipts upon
sale. This is accomplished on the Revenue District Office.
6. Barangay Permit – this is obtained from the Bureau of Fire Protection prior
to the activities of the establishment, which are prone to fire together with the
completeness of safety precautions needed in case of fire such as fire extinguisher.
68 | Page
6. FINANCIAL STUDY
-to determine the initial capital requirement and the total project cost to
be consumed.
-to identify the source of the capital requirement
-to illustrate the different projected financial statements
-to analyze the financial status of the company for its operation
-to determine the break-even point of the business
6.2 Initial Capital Requirement
69 | Page
Laverie Initial Capital Requirement
Rent Expense 48,000
Total Raw Materials 13, 750
Total Office Furniture and Fixtures 17, 650
Total Office Supplies 2, 046
Total Store Equipment 485, 450
Total Store Supplies 1, 530
Total Other Expenses 2, 200
TOTAL PROJECT COST 570426
Cash in Bank 3,000,000
INITIAL CAPITAL 2,429,574
6.3 Sources of Financing
The partners invest an initial capital for the proposed business:
NAMES OF PARTNER CAPITAL SHARE SOURCE
Bolivar, Bearnela P500, 000 Family and Relatives
Buenavista, Danielle Anne P500, 000 Family and Relatives
Damian, Lira Mae P500, 000 Personal Savings
Dionisio, Jamzeinna P500, 000 Personal Savings
Dollosa, April Jean P500, 000 Personal Savings
Remillo, Robelyne-Reala P500, 000 Family and Relatives
70 | Page
TOTAL CAPITAL P3, 000,000
6.4 Financial Statements
6.4.1 Income Statement
71 | Page
6.4.2 Monthly Income Statement
72 | Page
6.4.3 Balance Sheet
6.4.4 Statement of Cash Flow

73 | Page
6.5 Financial Ratio
6.5.1 Probability Ratio
PROFITABILITY RATIO = NET INCOME

PARTNER’s EQUITY
2015 2016 2017 2018 2019
489,454.07 557,928.35 578,426.06 594,820.06 613,822.27
Divided it by 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000
74 | Page
Profitability Ratio 0.16 0.18 0.19 0.2 0.2
6.5.2 Gross Profit Margin
GROSS PROFIT MARGIN = SALES – SERVICE REVENUE

PARTNER’s EQUITY
2015 2016 2017 2018 2019
2,318,904.00 2,434,849.20 2,487,024.54 2,533,217.11 2,583,881.44
Divided it by 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000
Gross Profit Margin 0.77 0.81 0.83 0.84 0.86
6.5.3 Operating Profit Margin
OPERATING PROFIT MARGIN = EARNINGS BEFORE TAX

SALES
2015 2016 2017 2018 2019
2,318,904.00 2,434,849.20 2,487,024.54 2,533,217.11 2,583,881.44
Divided it by 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000
75 | Page
Operating Profit 0.77 0.81 0.83 0.84 0.86
Margin
6.5.4 Net Profit Margin
NET PROFIT MARGIN = NET INCOME

NET SALES
2015 2016 2017 2018 2019
489,454.07 557,928.35 578,426.06 594,820.06 613,822.27
Divided it by 753,006.26 858,351.31 889,886.24 915,107.79 944,341.95
Net Profit Margin 0.65 0.65 0.65 0.65 0.65
ACTIVITY RATIO:
TOTAL ASSET TURNOVER RATIO = TOTAL ASSETS

SALES
2015 2016 2017 2018 2019
2,318,904.00 2,434,849.20 2,487,024.54 2,533,217.11 2,583,881.44
Divided it by 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000
76 | Page
TOTAL ASSET TURNOVER RATIO = TOTAL ASSETS

SALES
2015 2016 2017 2018 2019
2,318,904.00 2,434,849.20 2,487,024.54 2,533,217.11 2,583,881.44
Divided it by 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000
SOCIO-ECONOMIC STUDY
7.1 Contribution to Philippine Economy
The national economy is composed of business enterprises, households, and
the government. These are the major sectors of the economy. The strength or
weakness of one sector affects the other sectors because of their interdependence.
We have a market economy or free enterprise economy. This means that economic
freedoms like free competition and free choice of investments are allowed.
Although service-oriented, we will be purchasing certain goods prior to our
operations. Our business is going to be a factor not only in the increase of service
but also in the increase of production in the market.
77 | Page
Furthermore, this project will contribute to the government’s income
generation through payment of appropriate taxes in due time, since taxes are main
source of income of the government.
7.2 Employment Generation
Unemployment is a failure that marks the economic record. It occurs when
people are looking, willing, and able to work but cannot land a job.
This project will help lessen the nation’s unemployment rate. Although the
business needs only four (4) employees, it will provide available jobs to those who
are ready, willing, and able to work and are qualified for the job. It will give them a
source of income to sustain their daily living.
7.3 Social Desirability
Business survival depends on how it will react to changes – the economic,
social, technical, and political changes that challenge the business world. The
ultimate survival of an organization depends on its ability to adapt to the demand of
its environment.
Every business has an obligation to make a profit for its shareholders. Clearly,
it also has obligations to operate within the law. While there is widespread
agreement on these two business obligations, a third factor—social
desirability—must also be considered.
78 | Page
Many businesses recognize that their activities involve decisions that impact
their employees, the environment, minority groups, and their local communities. As a
result, they feel a responsibility to contribute positively by adopting policies that go
beyond their own narrow concerns of making a profit.
The purpose of Laverie aims not only to gain profit but also to provide
self-service, a convenient way of washing clothes not only for University of the
Phillipines Los Baños students but also for the people residing near UPLB. The
municipal government will notice an increase in collection and revenue from the
operations of Laverie.
79 | Page

LAVERIE RULES: You Wear It, We Wash It!

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LAVERIE RULES: You wear it, we wash it!

1.1 Name of the Firm

Among the various names that the proponents have thought, we have chosen

doing their laundry.

As a trend today, some businesses names their firm in different languages so

1.2 Company Logo and its Meaning

the color of the water.

The proponents chose a commercial space at Ellen’s Building, Demares

Batong Malake, Los Banos, Laguna.

establishments, like grocery, computer shops, other dormitories, apartments,

makes it more accessible for potential customer to visit.

1.4 Brief Description of the Project

1.5 Project Summary

research, which indicates market feasibility, technical feasibility, management

feasibility and socio-economic feasibility.

1.4.1 Market Feasibility

The study implies the market possibilities of the business

showing a considerable number of demands, which is 90%. In

the customers according to their preference.

shown in this study are the strategies that the business may use

having additional services that was served in the Laundromat

like having a free Wi-Fi on the establishment itself.

1.4.2 Technical Feasibility

Avenue will be offering a Laundromat service in its finest

these services, certain standards must be followed by

employees. The nearby suppliers make the equipment and

utilities used were electricity, water, and telephone and internet

1.4.3 Management Feasibility

Laverie comes up with a partnership form of business

ownership because of some sited benefits. The owners will raise

the capitalization by contributing their won earnings and some

will come up with a simple organizational chart, which includes

the owners, administrative officer, supervisor and 3 attendees.

decision making process.

1.4.4 Financial Feasibility

The financial feasibility of the study shows a reasonable

statement of Laverie along with the projected one show a

positive outcome for the project. The financial analysis shows

the ability of the company to overcome long term and short term

1.4.5 Socio-economic impact

Laverie is not only committed in providing excellent

resources to the achievement of national growth and

development. Generating local employment and the proper

2.1 Brief background of the study

shop and also the same with dormitories.

and local Laundromat businesses. The uniqueness in our Laundromat industry lies in

students of University of the Philippines-Los Banos an easy access of a Laundromat

the meaning of the business --- Laundromat service that help you wash your clothes

2.2 Objectives of the study

enjoyable nad worthwhile than any typical laundry shop.

2.3 Operational Definition of the study

salts in hard water.

specially treated squares of cloth used to soften clothes in the dryer.

towels, sheets, etc. It is used for self-service laundry.

Coin-operated – a self-service laundry where the machines are operated by coins.

Washing Machine - a machine for washing clothes, bed linens, etc.

Laundry Basket - clothes hamper: a hamper that holds dirty clothes to be washed or

wet clothes to be dried

2.4 Scope and Delimitation of the study

The proponents wanted to have a Laundromat service that would change the

more convenient and time efficient business of this type.

in which the proponents selected to start of their operation.

Target Market (2015) in Batong Malake = 2077 (in units)