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Chapter 1

The Problem and its Setting

Introduction

Filipino people really love to eat most especially on the go. The desire for

quicker food is offered all over the market through fast food chains. Fast food is also

known as finger food. One of the most served foods is the hamburgers. It is a

sandwich consisting of a patty of hamburger in a split typically round bun. Patties are

ground meat usually beef. The patty may be pan fried, grilled, or flame broiled.

Hamburgers are often served with cheese, lettuce, tomato, onion, pickles, bacon and

condiments such as ketchup, mayonnaise, mustard or relish which frequently placed

on sesame seed buns.

In addition, hamburgers are offered in many international and regional variations. It

can be steak burger, chicken burger cheese burger and many more. It is served in

different variety of buns, patties, fillings, sauces and even its sizes.

With these, the proponents will try to introduce an innovation of hamburger to

the market. First, the buns that will be use is Pandesal. Second is with the patties. It

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will offer a different kind. A veggie patty is composed of malunggay, carrots, sayote

and kalabasa which can be also a single patty if the customer desired.

Statement of the Problem

The central problem of this study is the viability of producing an innovative

hamburger and patty in Bulihan Silang, Cavite. This study sought to answer the

following questions:

 The Marketing Aspect of the Study

1. Who are the prospective target markets of these products?

2. What attributes of the place from where it is offered will make the

business successful?

3. What is the price costing to be adopted by the business?

4. What are the promotional strategies to be used by the business?

 The Technical Aspect of the Study

1. What are the current and prospective costs of the ingredients and

equipment or materials?

2. How is the manufacturing process of the product?

3. Where is the best location for the business?

 The Management Aspect of the Study

1. What form of business organization is suitable for this kind of business?

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2. What is the type of organizational structure to be adopted by the business?

3. What are the qualifications and skills required in the manpower?

 The Legal Aspect of the Study

1.What are the steps taken by the business togain business licenses?

2. What are the documents required to run the business?

 The Socio-economic Aspect of the Study

1. What are the benefits of thebusiness in the community?

2. How does the business help in the economy?

 The Financial Aspect of the Study

1. How much is the required capital to start the business?

2. What are the projections regarding the return on investment of the

business?

3. How much is the total cost of the equipments and materials needed to start

the business?

4. What is the justifiable estimate regarding the profitability of the business

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Objectives of the Study

This study aims to know the viability of putting up a business which offers a

pandesal burger. The objectives of each aspect are as follows:

 Marketing Aspect

1. Determine the prospective target market of the business.

2. State the attributes of the place that will play a good advantage to the

business.

3. Decide and show the price costing to be adopted by the business.

4. Enumerate the possible promotional strategies that will be used by the

business.

 Technical Aspect

1. Calculate the current and prospective costs of the ingredients.

2. Enumerate the procedures to be taken up in the manufacturing process of

the product.

3. Determine the best location for the business.

 Management aspect

1. Determine the form of business organization which is suitable for the

business.

2. Illustrate the type of organizational structure to be adopted by the

business.

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3. State the qualifications and skills required in the manpower.

 Legal Aspect

1. State all the steps taken by the business to gain business licenses.

2. Enumerate all the documents required to run the business.

 Socio-economicAspect

1. List the benefits of the business in the community.

2. Explain how the business helps in the economy.

 Financial Aspect

1. Estimate the required starting capital of the business.

2. Calculate the projections regarding the ROI.

3. Compute the justifiable estimates regarding the profitability of the

business.

Significance of the Study

This feasibility study will be beneficial to the following:

Students

The study can serve as a guide and reference in preparing a feasibility

study.

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Future researchers

The study will serve as a source of information for those who are going to

take the similar study.

Investors

The study will provide information for the potential investors to help them

in making decision in this kind of business.

Creditors

The study will give ideas to creditors on how the business will be

successful and profitable.

Consumers

This study will give consumers a new product to enjoy which is the

innovation of hamburgers.

Scope and Limitations

The business entitled “Pande-Burger” is a venture that focuses in the

innovation of hamburgers. Pandesal will serve as a bun. And the patties are made

of vegetables like malunggay, sayote, carrots and kalabasa.

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It is located in Bulihan Silang, Cavite. The pande-burgers are offered to

everyone.

The study covers the marketing, management, technical, legal, socio-

economic and financial aspect of business to prove the study.

Brief History of the Project

Plenty of historians have argued over whether a recipe from Apicuis, a

fourth-century Roman cookbook, really constitutes a hamburger. Prevailing

wisdom says that the modern hamburger evolved from another ground meat dish

called Hamburg steak that made its way from Germany to the United States, where

the addition of a bun made it the hamburger of today. Hamburg steak is usually

described as a patty made of ground beef that is more or less the same thing as the

interpretation of Salisbury steak. Hamburg steak allegedly originated in the

German City of the same name and made the leap to the United States by way of

the many ships that made Hamburg their last European port of call before crossing

the Atlantic for New York or Boston. German sailors and migrants are purported

to have requested the dish at American restaurants.

Aside from a few earlier mentions of “Hamburg steak” that give no

indication as to what the dish is, descriptions and recipes in English begin to

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appear in newspapers and cookbooks starting in the 1870s. A shorter description

from an 1873 edition of The Lincoln Weekly, a Nebraska newspaper, also give

instructions to cut or pound round steak to make it tender before adding onions.

Pounding meat in order to tenderize it takes a lot of work. Mincing was

much more work than running it through a meat grinder. It is clear that the critical

step in the evolution of hamburger was probably the availability of meat grinders.

Most of the claims of the invention of the hamburger fall between 1885 and

1904.This involve putting Hamburg steak between two pieces of bread, usually at

a fair, festival, or an amusement park. (Jackson Landers, 2016)

Definition of Terms

The following terms are defined for a clear understanding of the study.

Viability- the quality or state of being viable, the ability to live, grow, and develop

the viability of seeds under dry conditions.

Finger food - food meant to be eaten directly using the hands, in contrast to food

eaten with a knife and fork, spoon, chopsticks, or other utensils. In some cultures,

food is almost always eaten with the hands.

Regional/Variations - a change or difference in condition, amount, or level, typically

with certain limits.


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Innovation or Innovative - the action or process of innovating, new method, idea,

product, etc.

Proponents - a person who advocates a theory, proposal, or project.

Venture - a risky or daring journey or undertaking. Dare to do something or go

somewhere that may be dangerous or unpleasant.

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Chapter II

Introduction

This chapter discusses the literature and studies that are related to the

proponents’ inquiry. The literatures serve as a basis of the study and also give

further knowledge about hamburgers and its varieties.

Foreign Literature

Hamburger, also called burger, ground beef. The term is applied variously to

a patty of ground beef, sometimes called hamburg steak, Salisbury steak, or

Vienna steak, a sandwich consisting of a patty of beef served within a split bread

roll, with various garnishes, or the ground beef itself, which is used as a base in

many sauces, casseroles, terrines, and the like. The origin of hamburger is

unknown, but the hamburger patty and sandwich were probably brought by 19th-

century German immigrants to the United States, where in a matter of decades the

hamburger came to be considered an archetypal American food. The importance

of the hamburger in American popular culture is indicated by its virtual ubiquity at

backyard barbecues and on fast-food restaurant menus and by the proliferation of

so-called hamburger stands and restaurants.

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Hamburgers are customarily eaten as a sandwich, between two halves of

a round bun. Mustard, mayonnaise, ketchup, and other condiments, along with

garnishes of lettuce, onion, tomato, and sliced cucumber pickle, constitute the

customary dressing. In the variation known as the cheeseburger, a slice of cheese

is melted over the patty. The patty itself is often seasoned or augmented with

chopped onions, spices, or bread crumbs before cooking.

According to United States Department of Agriculture (USDA)

standards, hamburger meat may be designated either “hamburger,” “chopped

beef,” or “ground beef.” It must be ground from fresh beef with no by-products or

nonmeat extenders, but the USDA does permit the inclusion of loose beef fat and

seasonings in meat labeled “hamburger.” Also, by law, hamburger and chopped or

ground beef sold commercially may contain no more than 30 percent fat. Fifteen

percent fat is regarded as the ideal proportion in terms of juiciness and flavour of

the cooked product. ( https://www.britannica.com/topic/hamburger# )

Local Literature

HAMBURGER – eating has now become an institutionalized pastime of

families nationwide. Underground economy analysts place the combined annual

sales of 20 or so brands and trademarks in the billions of pesos.

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Never has an American food altered the palate of 100 million Filipinos today than

the ubiquitous beef patty fare that is inserted in a split round bun. There are five

major brands of in store hamburgers, plus, eight emerging, high-end varieties

adoringly called “gourmet burgers,” and 10 side-street kiosks.

It is a closely guarded secret of management of each of these trademarks

on their respective gross sales. In the manner that product researchers find it

difficult to get the number of hamburger pieces of each brand sold annually.

It was only in the early 1960s that Manilans surged to Tropical Hut snack

stores for their delectable hamburger. It was the first to highlight their product as

“all-beef.”

The Azconas opened the first Tropical Hut in 1962 on Quezon Avenue in

Quezon City. Today it still has branches in some malls and food arcades in Metro

Manila. In early 1978, in a small lobby of a second-run movie house on Aurora

Boulevard was an obscure ice cream stand called Jollibee. It was owned by a

young engineer named Tony Tan Caktiong.

Then in 1982 Jollibee Hamburger came into the Cubao commercial

shopping scene: The store layout lively and furniture comfortable, its crew in

upbeat uniform design. Most prominent of all was the smiling product mascot, the

Bumble Bee. Today there are more than 800 Jollibee stores in the country and

overseas. But the most moving presence in the country’s fast-food landscape was

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the coming of the prestigious McDonald hamburger in 1981. The pilot store

opened its doors in the heavy pedestrian-traffic University Belt area, Morayta

Street.

George T. Yang is the McDonald Philippines (Golden Arches Corp.)

founder and remains its chairman today. There are more than 400 stores in the

country. Then came the international brands Wendy’s and Burger King in the late

1990s. They are still very much around in Metro Manila and in key urban centers

in the Philippines.

But the imagination of Filipino food entrepreneurs manifested in the

establishment of high-end hamburger restaurants in town. Their burger products

suited well to the Filipino taste. The pure-beef versions, paired with generous

servings of fries and sidings appeal to local diners .Gourmet burger restaurants are

in malls, shopping arcades, and in independently built outlets. ( Elinando Cinco,

2015 )

Gap in the Study

Articles and studies say that hamburgers have a wide variety because it differ

in their kinds. These Pande-burgers are not common because of the combination of

pandesal and patties which are innovated with the use of vegetables like carrots,

sayote, malunggay and kalabasa which is not typically used in hamburgers.

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Chapter III

Research Methodology

Feasibility study will determine if the business is suitable to market. To

research is to know the preferences of the people on the target place of the product

being offered. Through study the proponents will know how acceptable the

business is and how it will became profitable.

This chapter includes research design, sources of data and sampling

technique to be used in gathering data.

Research Design

The proponents made use of descriptive type of research in gathering data.

Descriptive research design is a scientific method which involves observing and

describing the behavior of a subject without influencing it in any way. (

https://explorable.com/descriptive-research-design)

Sources of Data

The proponents used different sources of data. These include Primary,

Secondary and Tertiary.

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To obtain primary data, the proponents made use of a survey questionnaire

which distributed around Bulihan Silang, Cavite to gain information about

burgers.

Secondary data include related articles on the internet, books and

newspapers.

Tertiary data are the listings of possible competitors which offers product

alike.

Sampling Technique

The proponents made use of non-probability sampling in determining the

sample size which will be the respondents of the survey.

Conducting a free taste along with the survey questionnaire will be done

to know if the product will be accepted by the target market.

Non-probability sampling is a sampling technique in which the researcher

select samples based on subjective judgement. In these sampling, not all members

of the population have a chance of participating in the study.

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Figure # 1
Picture Representation of Convenience Sampling

Convenience Sampling (also called availability sampling) is a non-

probability/non-random sampling technique used to create sample as per ease of

access, readiness to be a part of the sample, availability at a given time slot or any

other practical specifications of a particular element. The researcher chooses

members merely on the basis of proximity and doesn’t consider whether they

represent the entire population or not. Using this technique, they can observe

habits, opinions, and viewpoints in the easiest possible manner.

Researchers use sampling techniques in situations where there are large

populations to be tested as, in most cases, testing the entire population is

practically impossible. Convenience sampling is the most commonly used

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sampling technique as it’s extremely prompt, uncomplicated, economical and also,

members are readily approachable to be a part of the sample.

Uses

Researchers use convenience sampling because of its simplicity. With these

data collection takes minimal time and allows researchers to create more samples

with less or no investment and in a brief period of time.

Convenience sample may help in gathering useful data and information that

would have not been possible using probability techniques, which require more

formal access to lists of population.

Criticisms

The convenience sampling often suffers from biases. Types of bias are

quite typical in convenience sampling. Since the sample is not chosen at random,

the inherent bias means that the sample is unlikely to be representative of the

population being studied.

The convenience method of non-probabality sampling has chosen by the

researchers to easy carry out the sample to be collected.

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The proponents have 30 respondents residing within Cavite. A survey

is conducted and the respondents had the free taste of the product for proper

evaluation. The survey questionnaire used is a Likert scale type.

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Chapter IV

Marketing Aspect

Introduction

Marketing is the heart of the business success. It covers advertising, public

relations, promotion and sales. It is a process by which a product or service is

introduced and promoted to potential customers.

Marketing is a business need. For a business to succeed, creating a customer

is the main goal. Through this potential buyers would be aware of the product or

service being offered where business may given a chance to progress.

Marketing is the way to earn sales. It is the way of gaining the trust of the

customers and have satisfaction on what the business offers.

In this chapter, the proponents are entailed to gather information from their

prospective target market through surveys and interviews, gather relevant information

regarding historical demand and supply and use mathematical methods for the firm’s

projections and calculations such as projected demand, projected supply and market

share. Market segmentation, channels of distribution, price costing, promotional

strategies to be used by the firm and the SWOT analysis are detailed in this part.

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Objectives of the Study

1. Determine the prospective target marketof the business.

2. State the attributes of the place that will play a good advantage to the business.

3.Decideand show the price costing to be adopted by the business.

4. Enumerate the possible promotional strategies that will be used by the business.

Vision

Pande-Burger is a venture which aims to be the top provider of unique and

innovative healthy burger for everyone. It aspires to be a famous burger brand and

to be patronized in the market.

Mission

Pande-Burger will ensure to provide nutritious and quality burger. Its main

purpose is to create a burger where the bun is pandesal and patties are made of

vegetables.

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Logo

Figure 2

A logo is a graphic mark, emblem, or symbols commonly used by

commercial enterprises, organizations, and even individuals to aid and promote

in stant public recognition.

The logo of Pande-Burger says it all. It is a picture of pandesal made

like a burger. The business name is the product name itself that is emphasized on

the logo. The logo is made simple in design but colorful to attract customers.

Tag Line

Pande-burger sulit sa sa sarap... is the tagline used by the business.

Sulit because it is very affordable and delicious at the same time. It is made to

attract the customers to buy.

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Figure 3

Figure 3 shows the product packaging

Industry Profile

Business Name: Pande-Burger

Type of Product: Healthy Burger

Location: Bulihan Silang, Cavite

Type of Business: Food Manufacturer

Type of Business Organization: Partnership

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Target Market of the Business

A target market is the market a company wants to sell its products and

services to, and it includes a targeted set of customers for whom it directs its

marketing efforts.

In selecting the target market, the proponents considered the type of products

that will be offered in the market. The proponents consider Bulihan Silang,

Cavite to be the target market because the population there is big.

Table1

Product

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MarketPositioning

Pande-Burger's shop along with its productionwill be situated in

BulihanSilang, Cavite. Because oftentimes people are always looking for

something newto try in a location that is known for business selling unique

products. Through this, it can be easily be accessed by anyone.

Market Segmentation

Market Segmentation is a process of dividing a broad consumer or

business market normally consisting of existing and potential customers into

sub-groups of consumer based on some type of shared In dividing or segmenting

markets, researchers typically look for common characteristics such as shared needs,

common interests, similar lifestyles or even similar demographic profiles. The overall

aim of segmentation is to identify high yield segments – that is, those segments that

are likely to be the most profitable or that have growth potential – so that these can

be selected for special attention.

The proponents of this study used behavioral segmentation. It is done by

organizations on the basis of buying patterns of consumers like usage frequency,

brand loyalty, benefits needed, during any ocassion or etc. It is the grouping of

customers based specifically on how they act as consumers when making purchasing

decisions.

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Channel of Distribution

A distribution channel is a chain of businesses or intermediaries through which a good

or service passes until it reaches the end consumer.

Figure 4. Distribution Channel

Figure4showsthedistributionchanneltobeadoptedbythefirm.Itisthefirstlev
elofchanneldistributionandknownasdirectselling.Thebusinesswillselltheproduct
sdirectlytoconsumers.

Survey Results

Likert scale is a psychometric scale where questions based on this scale are

normally used Consumers


in a survey. Likert scale survey questions are
Pande-Burger essential in measuring a

respondents opinion or attitude towards a given subject. It is used to measure

respondents agreement with a variety of statements.

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TheproponentsmadeuseofLikertscalesurveyquestionsinordertoassessther

eactionsandopinionsoftherespondentstotheproposedproductwhichisPande-

Burger.Afreetastealongwiththesurveyisconductedbytheproponents.

Weightedmeanisusedfortheevaluationofthesurveyresults.Itisfoundbymu

ltiplyingeachvalue(1,2,3,4)byitscorrespondingweight(numberofresponses)anddi

vidingthesumoftheweights(totalnumberofrespondents).

WeightedMean= (1 *x) + (2 *x) + (3 *x) + ( 4*x)

{x

Thetablebelowshowstheinterpretationsbasedontheweightedmean.

E x c e l l e n t 4 . 5 1 – 5 . 0 0

V e r y G o o d 3 . 5 1 – 4 . 5 0

G o o d 2 . 5 1 – 3 . 5 0

M o d e r a t e l y G o o d 1 . 5 1 – 2 . 5 0

N o t G o o d 1 . 0 – 1 . 5 0

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Table2
EvaluationoftheMainProduct
(CoreProduct)

I n d i c a t o r s WeightedMean Interpretation
The pande-burger is yummy. 3 . 8 7 Very Good
The patties are rich in flavor. 3 . 7 6 Very Good
The taste is satisfying. 3 . 9 3 Very Good
Eating one makes me crave for more. 3 . 9 3 Very Good
Eating the pande-burger pleased me a lot. 3 . 8 3 Very Good

Table3
AppearanceandDesign
(PhysicalProduct)

I n d i c a t o r s WeightedMean Interpretation
Theshape is acceptable. 3 . 7 3 Very Good
I t l o o k s f r e s h . 3 . 7 3 Very Good
I t i s d e l i g h t f u l . 3 . 7 3 Very Good
The pandesal as a bun is perfect . 3 . 5 3 Very Good
The aroma is flavorful. 3 . 1 6 G o o d

Table4
PriceandPackaging
(AugmentedProduct)

I n d i c a t o r s WeightedMean Interpretation
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Theprice is reasonable. 4 Very Good


The price is affordable. 4 Very Good
The packaging attracts me to buy. 3 . 2 G o o d
The packaging reflects the identity of the business. 3 . 8 3 Very Good
Thepackaging is unique. 3.56 Very Good

Table5
WillingnesstoBuy

No.OfRespondents Percentage
Y e s 3 0 1 0 0 %
N o 0 0 %
T o t a l 3 0 1 0 0 %

Table5showsthat100%(30 out of 30)oftherespondentsarewillingtobuyPande-


burger.

Table6
BuyingFrequency

No.OfRespondents Percentage
Ever yda y 2 1 7 0 %
Onceaweek 9 30%
Onceamonth 0 0 %
T o t a l 3 0 1 0 0 %

Table6showsthebuyingfrequencyoftherespondentsofthesameproduct.Greatestnumbero
frespondents(70%)buysthesameproducteveryday. 30% buys the same product once a
week.

DemographicProfile
Demand

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Demandisaneconomicprinciplethatdescribesaconsumer’sdesireandwillingnesstopayap
riceforaspecificgoodorservice.Demandanalysisismeanttodeterminethepatternofconsumptionfo
rtheproductandthecharacteristicsofthemarketintheimmediatepastinordertodeterminewhatislike
lytohappentotheconsumptionpatterninthenearfuture.

ThefollowingtableswillshowthehistoricalandprojecteddemandofPandeBurger.Sinceth
ereisnorecordofpastdemand,thepopulationofthetargetlocationandinformationgatheredfromsur
veysareusedindeterminingdemand.

TABLE7
FREQUENCYDISTRIBUTION

Dayspermonth Percentage Monthsperyear

E v e r y d a y 3 0 7 0 % 1 2 2 5 2

Onceaweek 4 3 0 % 1 2 1 4 . 4

Onceamonth 1 0 % 1 2 0

T o t a l 2 7 0

Table 7 shows the computation frequency distribution to be used in computing


historical and projected demand. Buying frequency was multiplied by the percentage result
from the survey and by 12 months per year.

TABLE8
HISTORICALDEMAND

Y e a r TargetPopulation MarketAcceptability FrequencyDistribution HistoricalDemand


2 0 1 9 1 0 0 % 2 7 0

2 0 2 0 1 0 0 % 2 7 0

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Table 8 shows the historical demand for the product. It is computed by multiplying
the population of target market by market acceptability and frequency distribution. Target
population is specifically based on the population data of Barangay Ipil II gathered from the
Bulihan Silang, Cavite. Market acceptability is based on the result of the survey which is the
respondent of willingness to buy the product. Frequency distribution is derived from the
previous table.

TABLE9
PROJECTEDDEMAND
Y e a r TargetPopulation MarketAcceptability FrequencyDistributed ProjectedDemand
2 0 1 9 1 0 0 % 2 7 0

2 0 2 0 1 0 0 % 2 7 0

Table 9 shows the projected demand for the product. It is computed by multiplying
the projected population by market acceptability and frequency distribution. Projected
population is provided by the demographic profile of Bulihan Silang, Cavite. Increase rate is
projected at 70% per annum.

PricingStrategies

Table14
PricingStrategies

S t a g e s P r i c i n g S t r a t e
Introduction C o s t P l u s P r i c i n g Anapproachthataddsastandardmar
Set ingalowpriceforanewproductinordertoat ractalarg
(aperiodofslowsalesgrowthastheproductisbeingintroduced)

M a r k e t P e n e t r a t i o n P r i c i n g
G r o w t h P r o d u c t L i n e P r i c i n g Involves et ingthepricebasedoncostdif erences,cus

(aperiodofrapidmarketacceptanceandincreasingprofits)

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M a t u r i t y S e a s o n a l D i s c o u n t P r i c i n g Apricereductiontobuyerswhobuymerc

(aperiodofslowdowninsalesgrowth)
D e c l i n e P r o d u c t - b u n d l e P r i c i n g Combiningseveralproductsandoffer

(theperiodwhensalesfalloffandprofitsdrop)

Table14showsthepricingstrategiestobeadoptedbythebusiness.Foreachpr
oductcyclestages,differentstrategiesaretobeusedtocopeupwiththechangingcondit
ionofsalesandprofits.

PromotionalStrategy

Table15
PromotionalStrategy

S t a g e s PromotionalStrategies C o s t
Introduction T a r p a u l i n ₱ 3 0 0 0
L e a f l e t s 2 0 0 0
ProductGiveaways 5 0 0 0
SocialMedia 0

G r o w t h BrandedPromotionalGifts 5 0 0 0
(FridgeMagnet,Pens,KeyChain,CircularPins,Fans)
M a t u r i t y C o u p o n s 5 0 0 0
( T - s h i r t s )
D e c l i n e D i s c o u n t 0
ReferralPrograms 5 0 0 0
TotalCostofPromotionalStrategies ₱ 2 5 , 0 0 0

Table15showsthepromotionalstrategiestobeusedbythebusinessineverystage.Theprojec
tedcostsforeachstrategyarealsoprovided,havingatotalprojectedadvertising/promotion
alcostof₱25,000.

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SWOTAnalysis

SWOTAnalysisastudyundertakenbyanorganizationtoidentifyitsinternal

strengthsandweaknesses,aswellasitsexternal opportunitiesand

threats.Thematrixbelowshowstheinternalandexternal assessmentofPande-

Burger

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External Assessment of the Business

ChapterV
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TechnicalAspect

Introduction

Technicalaspectdiscussesabouttheprocessesofproductionandactivitiesoft

hecompany.Itstatesalsothemachineriesandequipmentusedinproductionandother

aspects

regardingbringingtherawmaterialsintoafinishedproductreadyfortrade.It’sanopera

tionalflowofabusinessorproject.Thisaspectcontainsstructureplanandthesourceofs

uppliesusedintheproposedproject.Italsoincludedthebusinessplans,strategies,utilit

ies,promotions,layoutdesignsandlocations.

Thischapterbreaksdownallthethingsthatareinvolvedintheoperationoftheb

usiness.

Objectivesofthestudy

Calculatethecurrentandprospectivecostsoftheingredients.

Enumeratetheprocedurestobetakenupinthemanufacturingprocessoftheproduc

t.

Determinethebestlocationforthebusiness.

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PROJECTSITE

Figure6

Thisfigureindicatestheprojectsiteofthebusinesswithselecteddifferentplacesa

roundSilang,Cavite

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Figure 7

ThisfigureshowsthetopviewoftheproposedinteriordesignofPande-BurgerItmeasures150squar

Table16
ProductionSchedule

P r o c e d u r e T i m e a l l o t m e n t

• Baking of Pandesal 1 h o u r t o 2 h o u r s

• Putting ingredients / Preparing ingredients 20 minutes to 30 minutes

• C o o k i n g 8minutesto15minutes

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• P o r t i o n i n g 10 minutes to 12 minutes

• P a c k a g i n g 5minutesto10minutes

ThistableindicatesthetimeallotmentprojectedineverybatchofthePande-

Burgerandalsotheprocedures.

ProductionProcess

ProcedureinmakingPande-burger

Step1: Setting up the ingredients and equipment needed in making pande-

burger.

Step 2 : Preparation and Making of Pandesal.

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Table17
OfficeSupplies

D e s c r i p t i o n Function Quantity UnitCost TotalCost

B a l l p e n forwri ti n g 10pcs 1 0 ₱ 1 0 0

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P e n c i l forwri ti n g 5 p c s 7 3 5

LongBondPaper forwri ti n g 1ream 7 5 7 5

F o l d e r forfiling 1 5 p c s 7 1 0 5

Calculator forfinancialcalculations 2 p c s 6 1 0 1 2 2 0

RecordBook forloggingtransactions 2 p c s 1 2 0 2 4 0

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TimeCard for ecordingthetimespentofemployeesinworking 100pcs 1 1 0 0

P u n c h e r tomakecountersink 1 p c s 1 1 0 1 1 0

F a s t e n e r tofastendocuments 1 b o x 4 5 4 5

StaplerandStapleWire forjoiningsheetsofpaper 2 p c s 6 0 1 2 0

ClearBook forfilingdocuments 1 p c s 8 5 8 5

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S c i s s o r s tocutpapers 2 p c s 4 5 9 0

TotalCostofOfficeSupplies ₱2325

Table18
MaintenanceSupplies

D e s c r i p t i o n F u n c t i o n Q u a n t i t y UnitCost TotalCost
B r o o m s towipeawaydirt 1 p c 1 8 0 ₱180

D u s t P a n tocollectdirtandwastes 1 p c 2 1 0 2 1 0

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TrashCan forstorageofgarbage 3 p c s 2 5 0 7 5 0

T r a s h B a g garbagecontainer 1 5 p c s 1 2 1 8 0

CleaningTowel forcleaningtablesandkitchen 5 p c s 5 0 2 5 0

DishwashingLiquid forcleaningdishes 3 p c s 5 0 1 5 0
(largesize)

S p o n g e forcleaningdishes 3 p c s 1 2 5 1 2 5
(3pcs)

HandSoap forhandwashing 1 p c 2 0 0 2 0 0
(largesize)

M o p forcleaningthefloor 1 p c 7 5 0 7 5 0

SprayCleaner foreasywipingandcleaningoftables 1 p c 2 1 0 2 1 0
(largesize)

TotalCostofMaintenanceSupplies ₱3,005

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Table19
KitchenTools

D e s c r i p t i o n F u n c t i o n Quantity UnitCost TotalCost


MixingBowl usedtomixtheingredient s 1 0 p c s 1 0 0 ₱ 1 0 0 0

MeasuringCups usedinallocatingexactamountsofingredients 2sets 1 0 0 2 0 0

KitchenKnife usedtocutorchopvegetablesandfruits 5 p c s 8 0 4 0 0

PotHolder usedtoholdhotobjects 4pairs 5 0 2 0 0

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ChoppingBoard usedinchoppingingredients 3 p c s 1 5 0 4 5 0

Spatula F o r f r y i n g 4 p c s 7 5 3 0 0

Roundmolder Forshapingthepatties 5 p c s 2 5 1 2 5

Pitcher l i qui d co nt ai ne r 2 p c s 7 5 1 5 0

Saucers usedinpreparationofpowderingredients 8 p c s 2 5 2 0 0

B o w l s Portioningredients 36pcs 5 0 1 8 0 0

G l a s s customers'drinkingcontainer 36pcs 6 0 2 1 6 0

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Breadknife U s e d t o c u t b r e a d 5 p c s 3 5 1 7 5

F o r k usedtoliftfoodtothemouth 36pcs 3 5 1 2 6 0

KitchenSpoonandFork spoonandforksexclusiveforkitchenuse 1 s e t 3 4 0 3 4 0

CondimentContainer forpowdercontainer 3 p c s 1 0 0 3 0 0

G r a t e r Usedtogratevegetables 3 p c s 1 2 5 3 7 5

TotalCostofKitchenTools ₱9435

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Table20
FactoryEquipment

D e s c r i p t i o n F u n c t i o n Quantity Uni t C os t TotalCost


C a s s e r o l e usedinboilingthemixture 2 p c s 8 0 0 ₱ 1 6 0 0

Fr yi n gP a n Usedinfrying 1 p c 1 2 0 0 1 2 0 0

ExhaustFan removesairbornegrease,combustionproducts,fumes,smoke,odors,heat,andsteamfromtheair 1 p c 1 2 5 0 1 2 5 0

S t o v e usedincooking 1 p c 1 5 0 0 1 5 0 0

Refrigerato r tokeeppattiesandvegetablesfresh 1 p c 2 1 0 0 0 2 1 0 0 0

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O v e n toshredthecoconutfaster 1 p c 115000 115000

B u r g e r f r ye r tocookpatties 1 p c 5 0 0 0 5 0 0 0

TotalCostofFactoryEquipment ₱14655 0

Table21
OfficeEquipment

D e s c r i p t i o n F u n c t i o n Quantity UnitCost TotalCost


Airconditioner toproducecoolventilationinsidethebuilding 4 p c s 14000 5 6 0 0 0

C o m p u t e r forkeepingrecords,programs,creatingdocuments,communicationandmanyotheruses 1 s e t 32900 32900

P r i n t e r usedtoprintorhaveahardcopyofdocuments 1 p c 3600 3 6 0 0

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C C T V forsecuritypurposes 1 s e t 9000 9 0 0 0
(4units)

TotalCostofOfficeEquipment ₱101,500

Table22
SellingEquipment

D e s c r i p t i o n F u n c t i o n Quantity UnitCost TotalCost


CashRegister for registering andcalculatingtransactionsatapointofsale 1 p c 17400 ₱18000

TotalCostofSellingEquipment ₱18000

Table23
FurnitureandFixtures

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D e s c r i p t i o n F u n c t i o n Quantity UnitCost TotalCost


S o f a customers'sittingplace 1 0 p c s 1 3 0 0 ₱13000

RoundTable customers'eatingplace 5 p c s 2000 10000

S t o o l customers'sittingplace 1 7 p c s 1000 17000

OfficeTable forwritingandworkingpurposesofemployees 3 p c s 1700 5 1 0 0

OfficeChair forsittingpurposes 3 p c s 8 5 0 2 5 5 0

S p e a k e r forcustomers'entertainment 1 p c 15000 15000

Telephone forcommunication 1 p c 1695 1 6 9 5

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FilingCabinet storageforimportantdocuments 1 p c 1100 1 1 0 0

ComputerDesk forcomfortableworkingsurfaceandconcealingcomputers 1 p c 1500 1 5 0 0

TotalCostofFurnitureandFixtures ₱66,945

Table24
RawMaterialsCost

P a r t i c u l a r s U n i t C o s t

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C a r r o t s

2 5 Perpiece

C h a y o t e

2 0

Perpiece

M a l u n g g a y l e a v e s

1 0 Perbundle

S q u a s h

7 5

Perkilo

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G r o u n d P o r k

1 1 0

Perkilo

L e t t u c e

6 0

Perpiece

C u c u m b e r

2 0

Perpiece

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E g g

1 2 0

Perdozen

F l o u r

6 5

Perpack

U n s a l t e d b u t t e r

7 5

Perpiece

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P a r t i c u l a r s U n i t C o s t

6 5

P e r b o x

S a l t

2 0
PerKilogram

P e p p e r

3 5

Perbottle

S u g a r

6 5

P e r k i l o

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M i l k

1 3 5

Perpiece

UtilitiesCost

Table25
UtilitiesExpense

Particulars MonthlyCost AnnualCos t


Electricity ₱ 3 2 0 0 ₱ 3 8 4 0 0
W a t e r 2 0 0 0 2 4 0 0 0
G a s 1 0 0 0 1 2 0 0 0
TelephoneandInternetconnection 1 2 0 0 1 4 4 0 0
T o t a l ₱ 7 4 0 0 ₱ 8 8 4 0 0

Table25showstheestimatedutilitiesexpenseofthebusinesspermonthandper

year.

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WasteDisposal

Wastemanagement or wastedisposal

isalltheactivitiesandactionsrequiredtomanagewastefromitsinceptiontoitsfinaldis

posal.

Thisincludesamongstotherthingscollection,transport,treatmentanddisposalof

waste

togetherwithmonitoringandregulation.Italsoencompassesthelegalandregulatoryf

rameworkthatrelatestowastemanagementencompassingguidanceonrecycling.

Pande-

burgerwillobserveandpromotethe5Rs(Reduce,Reuse,Recycle,Rot,andRefuse).Si

ncethefirmisresponsibleforthewellnessofenvironment,theproponentsmustbeliabl

etotheirwastemanagement.Itwillensuretoproperlysegregatethewastebyinstallingt

hreegarbagecansontheshopwithlabels:Biodegradable,Non-

biodegradableandFoodleftover.Thebusinesswillalsoensuretodisposethemoffprop

erly.

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ChapterVI
ManagementAspect

Introduction

AccordingtoVanFleetandPeterson,managementisasetofactivitiesdirectedatt

heefficientandeffectiveutilizationofresourcesinthepursuitofoneormoregoals.

Managementisasetofprinciplesrelatingtothefunctionsofplanning,organizi

ng,directingandcontrolling,andtheapplicationoftheseprinciplesinharnessingphys

ical,financial,humanandinformationalresourcesefficientlyandeffectivelytoachiev

eorganizationalgoals.

Thischapterprovidesdetailedinformationabouttheformofbusinessadopted

,theorganizationalstructure,personnelrequirements,qualificationsandjobdescripti

ons,hiringandselectionprocessandtheworkingschedule.

ObjectivesoftheStudy

Determinetheformofbusinessorganizationwhichissuitableforthebusiness.

Illustratethetypeoforganizationalstructuretobeadoptedbythebusiness.

Statethequalificationsandskillsrequiredinthemanpower.

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FormofBusiness

Pande-

Burgerwilladoptthepartnershiptypeofbusiness,whereintheproponents,Albutra,Bi

smonte,Caravana,DelaFuente,Lantican,Loyola,Ortiz,Ramos,SambranoandandV

illawillcontributemoney,propertyandindustryintoacommonfundintendedtoequall

ydivideprofitsandlosses,ifany,thatisstatedintheArticlesofCo-

PartnershipwhichistoberegisteredinSecuritiesandExchangeCommission(SEC).

Abusinesspartnershipisaspecifickindoflegalrelationshipformedbytheagre

ementbetweentwoormoreindividualstocarryonabusinessasco-

owners.Apartnershipisabusinesswithmultipleowners,eachofwhomhasinvestedint

hebusiness.Somepartnershipsincludeindividualswhoworkinthebusiness,whileot

herpartnershipsmayincludepartnerswhohavelimitedparticipationandalsolimitedli

abilityforthedebtsandlawsuitsagainstthebusiness.

Thepartnershipincometaxispaidbythepartnership,buttheprofitsandlossesa

redividedamongthepartners,andpaidbythepartners,basedontheiragreement.

OrganizationalStructure

Figure8

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Thefigureaboveshowsthelineorganizationstructureoftheproposedbusines
s.

Lineorganizationalstructureisoneofthesimplesttypesoforganizationalstructu

res.Itsauthorityflowsfromtoptobottom.Unlikeotherstructures,specializedandsupp

ortiveservicesdonottakeplaceintheseorganizations.

Thechainofcommandandeachdepartmentheadhascontrolovertheirdepartments.T

heself-

containeddepartmentstructurecanbeseenasitsmaincharacteristic.Independentdeci

sionscanbetakenbylineofficersbecauseofitsunifiedstructure.Themainadvantageo

falineorganizationalstructurecanbeidentifiedastheeffectivecommunicationthatbri

ngsstabilitytotheorganization.

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Inthefigure,itcanbeseenthatauthorityischanneleddownfromtheManagerinad

irectlinetoeachofthethreedepartments:Production,Sales/Marketing,andAccou

nting,whointurndirecttheworkers:FoodHandlers,Janitor/DishwasherandCas

hiers.Theflowofauthorityandinstructioncanbetracedinanunbrokenverticallinefro

mthemanagerdowntotheworkers,andtheinterdependenceofeachsubdivisioniseasi

lyseen.

ManagementTheory

Managementtheoryaddresseshowmanagersandsupervisorsrelatetotheirorga

nizationsintheknowledgeofitsgoals,theimplementationofeffectivemeanstogetthe

goalsaccomplishedandhowtomotivateemployeestoperformtothehigheststandard.

TheproponentswillapplytheContingencyapproachofmanagementtheory.

Contingencyapproachtomanagementisbasedontheideathatthereisnosinglebe

stwaytomanage.Contingencyreferstotheimmediatecontingentcircumstances.Effe

ctiveorganizationsmusttailortheirplanning,organizing,leading,andcontrollingtot

heirparticularcircumstances.Inotherwords,managersshouldidentifytheconditions

ofatask,therequirementsofthemanagementjob,andpeopleinvolvedaspartsofacom

pletemanagementsituation.Theleadersmustthenworktointegrateallthesefacetsint

oasolutionthatismostappropriateforaspecificcircumstance.

Thecontingencyapproachtomanagementassumesthatthereisnouniversalanswertoma

nyquestionsbecauseorganizations,people,andsituationsvaryandchangeovertime.

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Table26

PersonnelQualificationsandJobDescription

P o s i t i o n RequiredNumber JobDescription JobSpecification


*Developandexecutesalesandprofitplansthatarein-lineinbudgetarygoals.
*Responsibleformanagingoperations,maintainsposit ve nvironment,consistent,friendlyensuringatotalqualityexperiencetobothcustomersandteammembers.
M a n a g e r Filledin F i l l e d i n
*Identifiesstaffing,recruitting,interviewing,hiringandtrainingneeds.
*Promotesandpracticessafeworkhabits.
*Atleast25yrsold
*Male/Female
*S i n gl e/ M a rr i e d
*Bachelor’sdegreeinculinary
ProductionSupervisor 1 *Maintains afeandcleanworkenvironmentbyeducatingand irectingperson elontheuseofal controlpoints,equipment,andresources;maintainingcompliancewithestablishedpoliciesandprocedures.
*Previousexperienceinfoodproductionorexperienceinasupervisoryroleprefer ed

*Atleast25yrsold
*Male/Female
*S i n gl e/ M a rr i e d
Marketing/SalesSupervisor 1 *Ac omplishesmarketingandsalesobjectivesbyplan ing,developing,implementing,andevaluatingadvertis ng,merchandis ng,andtradepromotionprograms;developingfieldsalesactionplans.
*Bachelor’sdegreeinsales,marketingorbusinessadministration

*Three(3)yearsofrelatedexperiencewithprogressivemanagementexperience

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*Superviseandkeeptractoftheaccountingrecordsofthebusiness
Accountant Filledin F i l l e d i n
*Responsibleforfinancialdecisions
*Atleast25yrsold
FoodHandler 3 *Responsibleforpreparationofthefood *Male/Female
*Bachelor’sdegreeinculinary

*Atleast18yrsold
*Operatethecashregisterandhandlecashtransactionswithcustomers
* S i n g l e
*Scangoodsandcollectpayments *HighSchoolGraduate
C a s h i e r 2
*Issuereceipts,refunds,changeortickets *Provenworkingexperienceinretailcashierorsales
*BasicPCknowledgeandfamiliaritywithelectronicequipment(e.g.cashregister)

*Atleast25yrsold
*Male/Female
*Cleandishes,foodpreparationequipmentandutensils *S i n gl e/ M a rr i e d
Janitor/Dishwasher 1
*Responsibleincleaningtheoverallshop *IndustriousandHardworking

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Table26showstherequirednumber,jobdescriptionsandspecificationsofeachj
obtitle.

H
ir
i
n
g
a
n
d
SelectionProcess
Figure9

Figure9showsthehiringandselectionprocesstobefollowedbythe
proposedbusiness.
WorkingSchedule

Table27
WorkingSchedule
P e r s o n n e l W o r k i n g H o u r s Breaktime R e s t d a y

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M a n a g e r 8 : 0 0 A M - 6 : 0 0 P M 12:00-1:00 S u n d a y
Accountant2 1 2 : 0 0 A M - 7 : 0 0 P M 12:00-1:00 S u n d a y
Sales/MarketingSupervisor 1 2 : 0 0 A M - 7 : 0 0 P M 5:00-6:00 Saturday
ProductionSupervisor 7 : 0 0 A M - 5 : 0 0 P M 12:00-1:00 S u n d a y
FoodHandlers1,2 6 : 0 0 A M - 1 2 : 0 0 P M 12:00-1:00 Wednesday
3 1 2 : 0 0 P M - 7 : 0 0 P M 4:00-5:00 F r i d a y
C a s h i e r s 1 7 : 0 0 A M - 6 : 0 0 P M 12:00-1:00 Wednesday
2 1 2 : 0 0 P M - 5 : 0 0 P M 3:00-4:00 Thursday
Janitor/Dishwasher F l e x T i m e M o n d a y

Table27showstheworkinghoursofthepersonnelinvolvedintheorganization
ofPande-
BurgerTimein,timeout,restdayandbreaktimetobeconsumedbythepersonnelareind
icatedwhichwillbefollowedbytheemployees.

OperatingSchedule

Table28
OperatingSchedule

D a y T i m e
O p e n i n g M o n - S u n 7 : 0 0 A M
S t o r e H o u r s M o n - S u n 7 : A M – 7 : 0 0 P M
C l o s i n g M o n - S u n 7 : 0 0 P M

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Table28showsthescheduleofthebusinessoperation.

BusinessPolicies

Companypoliciesandproceduresestablishtherulesofconductwithinanorganiz

ation,outliningtheresponsibilitiesofbothemployeesandemployers.Companypolic

iesandproceduresareinplacetoprotecttherightsofworkersaswellasthebusinessinter

estsofemployers.Dependingontheneedsoftheorganization,variouspoliciesandpro

ceduresestablishrulesregardingemployeeconduct,attendance,dresscode,privacya

ndotherareasrelatedtothetermsandconditionsofemployment.

Employeesmustweartheproperdresscode.Businessattiresforthemanager,formar

keting/salessupervisorandfortheaccountant.Designateduniformfortheproductio

nstaffsandcashiers.

Employeesmusthavedisciplinewhileworking.

Keyemployeesspecificallythemarketing/salessupervisorandtheproductionsuper

visorshouldnotrenderserviceinotherbusiness.

Tardinessofemployeeshavecorrespondingdeductiontothesalary.Threeconsecuti

veabsenceswithoutpropernoticewillterminatetheemployee.

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Employeesshallobserveregulartiminginandtimingoutforaproperrecordingofnu

mberofhoursrendered.

Employeesmustbeefficientandmanagetimewisely.

Employeesmustbekindandrespectfultothecustomers.

Rightconductandbehaviormustalwaysbeobserved.

Useofcellphonesarenotallowedforproductionstaffsandcashiersduringworkingh

ours.Otheremployeesareallowedduringworkinghoursprovidedthatphonecallsan

dmessagesarebusinessrelated.

Smokingisstrictlyprohibitedaswellasdrinkingliquor.

CompensationPackage

SalariesandWages

Employeesshallreceivetheirsalariesandwagesonthe15thand30thdayofeverymonth.

OvertimePay

Employeeswhoworkedbeyondtheirnormalworkinghoursshallreceiveadditionalc

ompensation.

Overtimerates:

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Regularworkday:Plus25%ofthehourlypayrate

Restday,RegularorSpecialHoliday:Plus30%ofthehourlyrateonsaidday

13thMonthPay

Eachyear,a13thmonthpayisgiventoallrank-and-

fileemployeesbeforethe24thofdecember.Employeesareentitledto1/12thoftheirt

otalbasicsalaryearnedduringthatcalendaryear.

Table29
CompensationSchedule

JobTitle DailyRate Semi-Monthly Monthly Annually

S a l e s /
4 20 5 , 0 4 0 10,080 120,960
MarketingSupervisor

ProductionSupervisor 4 50 5 , 4 0 0 10,800 129,600

FoodHandlers 3 50 4 , 2 0 0 8,400 100,800

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Cashiers 3 20 3 , 8 4 0 7,680 92,160

Janitor/
2 93 3 , 5 1 6 7,032 84,384
Dishwasher

Table29showsthestandardpayofeachemployeesemi-
monthly,monthly,andannually.

Pre-operatingPeriod

ResearchandPlanning-

conductingafeasibilitystudyandsettingcomprehensivestrategiesfortheproposed

business.

OrganizingtheBusiness-acquisitionofpermitandlicensesandcapitalbuidup.

AcquisitionofEquipmentandMaterials-

purchasingmachineriesandequipmentforbusinessoperations.

HiringandSelectionProcess-

interviewingandevaluatingapplicantsforaspecificjobpositionandtheselectionof

deservingindividualsuitabletothatjob.

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AdvertisingandPromotion-

conductingadvertisingandpromotionalactivitiesforpublicity.

Figure10
Ganttchart

Acti vi ti e s J a n - A p r M a y - J u n J u l
ResearchandPlanning

OrganizingtheBusiness

AcquisitionofEquipmentandMaterials

HiringandSelectionProcess

AdvertisingandPromotion

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Figure10showstheactivitiesdonebytheproponentsintheorganizationofPa
nde-Burger

ChapterVII
LegalAspect

Introduction

EverybusinessmusthaveconnectiontotherequirementsthatisgovernedbyPhili

ppineLawssuchasArticlesofCo-

Partnership,BureauofInternalRevenueRegistration,SecuritiesandExchangeCom

missionRegistration,BarangayCertificate,Mayor’sPermitandBMBECertificateof

Authority,SpecialBooksofAccountandpermitsforsafety,health&sanitaryandsom

eotherdocuments.

Proponentsmustfollowthelegislativeregulationsandrequirementstoavoidthep

enaltiesandfutureproblems.Fulfillingallthelegalaspectswillhelpinthefutureinmai

ntainingthestatusandnameofthebusinessinformoflegality.

Objectivesofthestudy

Stateallthestepstakenbythebusinesstogainbusinesslicenses.

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Enumerateallthedocumentsrequiredtorunthebusiness.

ArticlesofCo-Partnership

KNOWALLMENBYTHESEPRESENTS:

Thatwe,theundersigned,oflegalage,citizensandresidentsofRepublicoftheP

hilippines,haveagreedtobindourselvestogethertoamendageneralpartnershipunder

thetermsandconditionshereinaftersetforth,andsubjecttotherequirementsofexistin

glawsoftheRepublicofthePhilippines.

ArticleI:Thatthenameofthepartnershipshallbe“Pande-

Burger”andshalloperateandtransactthebusiness.

ArticleII:ThattheprincipalofficeofthispartnershipshallbeatBrgy.Ipil2Bulihan,

SilangCavite

ArticleIII:Thatthenames,citizenshipandresidenceofthepartnersofPande-

Burgerareasfollows:

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N a m e Citizenship R e s i d e n c e

Albutra,ChristianMel Filipino DasmariñasCavite

Bi smont e,Aquil ina, L Filipino Silang,Cavite

Caravana,MikaelaAliah,P Filipino G M A , C a v i t e

DelaFuente,ShanRheeza,S Filipino Silang,Cavite

Loyola,CharissaH. Filipino G M A , C a v i t e

Ortiz,HazelRavenC . Filipino Silang,Cavite

Ramos,MikhailNicolai Filipino Dasmariñas,Cavite

Sambrano,KarlC. Filipino G M A , C a v i t e

Villa,EsmeraldaAmorD. Filipino G M A , C a v i t e

ArticleIV:Thatthetermofthesaidpartnershipistoexistfor2yearsfromtheoriginalre

cordbytheSecuritiesandExchangeCommissions.

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ArticleV:Thatthepurposeforwhichsaidpartnershipisformedistomanufactureands

ellburgerproducts.

ArticleVI:ThatMikhailNicolaiRamoswillserveastheManagerofthebusinesswitht

herighttooverallsupervisionandthepreparationandsigningofcontractsandagreeme

nts.CharissaLoyolaandHazelRavenC.OrtizwillserveastheAccountant/FinanceOf

ficerwhosedutyistoactasfinancialresourcecustodianofthebusinessandberesponsib

lefortheoverallfinancialpolicyofthecompany.

ArticleVII:ThatthecapitalofthispartnershipshallbeOneMillionTwoHundredTho

usandPesos,PhilippineCurrencycontributedincashbythepartnersasfollows:

N a m e AmountContributed

MikhailNicolaiRamos ₱ 2 0 0 0 0 0 0

ChristianMelAlbutra 2 0 0 0 0 0 0

AquilinaL.Bismonte 2 0 0 0 0 0 0

MikaelaAliahP.Caravana 2 0 0 0 0 0 0

ShanRheezeS.DelaFuente 2 0 0 0 0 0 0

C h a r i s s a H . L o y o l a 2 0 0 0 0 0 0

HazelRavenC.Ortiz 2 0 0 0 0 0 0

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K a r l C . S a m b r a n o 2 0 0 0 0 0 0

EsmeraldaAmorD.Villa 2 0 0 0 0 0 0

T O T A L 2 0 0 0 0 0 0 0

ArticleVIII:Thattheprofitsandlossesshallbedividedbasedontheircapitalcontribut

ions.Theyareentitledtowithdraw60%oftheirshareinnetincome,inclusiveoftheirco

mpensationasManagerandAccountantofthebusiness.

INWITNESSWHEREOF,wehavehereuntosetourhands,this

March16,2019,atGMA,Cavite,Philippines.

________________________________________________

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ChristianMelAlbutra.AquilinaL.Bismonte

______________________________

RequirementsinApplyingforBusinesspermit

SecuritiesandExchangeCommissions(SEC)

Verifyorreserveproposedname

PresentsofArticlesofCoPartnership

Payfillingfee

ClaimSECcertificateoftheArticlesofPartnership

TaxIdentificationNumber(TIN)

CertificateofRegistrationissuedbySECorSecurities&ExchangeCommissions

Mayor’spermit

BureauofInternalRevenue

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ArticlesofCo-Partnership(SECCertified)

Landtitle/TaxDeclaration

Mayor’spermit

Mayor’sPermit

ArticlesofCo-Partnership(SECCertified)

BarangayClearance

Landtitle/TaxDeclaration

BarangayCertificate

ArticlesofCo-Partnership(SECCertified)

BMBECertificateofAuthority

DulyfilledupandsignedBMBEApplicationForms

TaxIndentificationNumber(TIN)

CertificateofRegistrationfromtheBureauofInternalRevenue(BIR)

SecuritiesandExchangeCommissions(SEC)RegistrationforPartnership

Mayor’sPermit/MunicipalBusinessPermit

SwornStatementofAssets&Liabilitiessupportedbypertinentdocuments

Picturesofplaceofbusinessandassetsotherthancash&loans

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Copyofloansandcontracts

IncomeTaxReturn(ITR)

Page 77

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