Professional Documents
Culture Documents
University of Mindanao
Finance 21
Proponents
Brizza Salmeo
Introduction ……………………………………………………………………..3
Marketing …………………………….………………….……………10
Conclusion ………………………………….…………………………………12
Appendix …………………………..…………………………………………..13
1
List of Tables and Figures
Tables
………………………………………………………………..….9
Figures
2
Chapter I
Introduction
Dormitory Business
ones. In the Philippine setting, the metropolitan areas and urbanized regions are
the most populated areas of the country. A big contribution to the aforementioned
education etc. All of these reasons aims to achieve a common goal- to seek for
greener pasture.
apartments and dormitories. Such business ventures aims to serve the market-
the immigrants. Though they vary in their target market, they all serve a common
group- those in need of shelter as they stay in the city. The focus of this paper is
to study, analyze and visualize how the dormitory business in Davao City
was from the Latin word “dormire” which means “to sleep”. Furthermore, it was
3
From the definition of dormitory, it is needless to say that one of their
markets is the students. Badilles dormitel is a four (4) storey dormitory located at
number 67 Arciaga Street, Davao City. The dormitel is situated at the back of the
The dormitory is owned by Mr. and Mrs. Romeo and Evelyn Gador. They
are both US- based doctors and they no longer have a personal and a hands on
touch of their business. However, they visit their business annually. Due to the
nature of their work, they entrusted the management and supervision of their
She is currently connected with the Bank of the Philippine islands (BPI) as a
teller.
Since, she personally manage, the business, Ms. Badilles along with her
three (3) siblings who are still students live in the dormitory itself. She takes care
of everything with regards to the services that the business offers, from the
employee who can monitor the cleanliness and the problems of the dormitory
4
Background of the Business.
The Badilles dormitory was named after the owner’s maiden name,
Badilles. The business is in the name of Mrs. Evelyn Badilles Gador, which
makes the business a single proprietorship type. Yet, when Stephanie Badilles
was entrusted by her aunt to manage the business, the business registrations,
licenses and permits from DTI, City government of Davao and BIR is now
registered after the name of the current manager, Ms. Stephanie Badilles.
running in the blood of the owner since this type of business is also the type of
Originally, the Badilles Dormitel is an old boarding house which ran from
improvement of the business had cost more than 1,600, 000 pesos. Aside from
these, costs for registrations and licenses to operate were also incurred after the
The total cost incurred in renovating the old boarding house was
considered by Ms. Badilles as the capital of their business. It was from the
operations last 2001 with the management of Wendell Badilles, Dr. Evelyn
numerous problems as they were starting up and even until now. Some of these
problems that the dormitory encountered include theft, water and electricity
5
shortage, electrical repairs, and plumbing. It was only in the 1 st quarter of 2009
6
Chapter 2
fourteen (14) rooms. The business is located at the heart of the city where its
target markets, the students and the young professionals, are found. The rooms
of the dormitel varied in terms of the number of occupants, size, facilities and
fees. The rented rooms of the dormitory are situated in the second, third and
fourth floor of the building. The first floor divided into three- the residential area,
A room at the second floor can cater one to five individuals. In addition,
Second floor rooms are equipped with queen sized beds, cable connected
televisions, cabinets, chairs, and hot and cold shower. Consequently, a room at
the third and fourth floor is limited only up to 2 occupants. These rooms were fully
furnished and each were provided with ceiling fan and air conditioner, cabinet,
double deck beds, table, and a hot and cold shower. All rooms are able to
of Davao and the Bureau of Fire. Badilles dormitory has two fire exits and each
floor has a fire extinguisher. It has five lavatories located at the third floor and is
7
In addition, the building is secured from theft or any problem, nuisance
and uneasiness due to outsiders and trespassers since the building is built with a
gate after another – a gate is constructed outside the building, after the first gate,
another gate erected and the stairs is locked with another gate. Furthermore, the
building is well monitored because of the CCTVs planted through out the
building.
The employees salary, the light and water expansion, internet connection cost,
faulty electrical wiring repairs plumbing and other indirect costs are the common
monthly expenses of the business which cost them more than 15 000 pesos. On
the other hand, the net income after all the expenses of the business is at a
The sole decision maker for immediate decisions about the business is
under taken by the manger- Ms. Badilles. Ms. Badilles sees that boarders follow
the imposed rules and regulations of the dormitory. She also handles the
collection of the rental payments, moreover, she handle the accounts of the
business.
8
Rules and Regulations.
Like any other apartments and dormitories Badilles Dormitel has set its
own rules and regulation which it had adapted from the guidelines set by the
First, the term of payment of Badilles Dormitel is one month advance and
one month deposit. Any appliances and other personal equipments that will be
within the dormitory premises are strictly prohibited and charges are set forth
accordingly. For dorm type rooms, females who are caught bringing males or
individual not of their kinship are charged with a violation fees. SEE
The gates will be closed at 10:00 pm, however, the tenants are provided
with duplicate keys for their room and for the gate.
9
Room Rates
Solo Transient
Air- Non Air- Air- Non Air-
conditioned conditioned conditioned conditioned
Shown in Table 1 are the room rates of Badilles Dormitel. The dormitory
has 14 rooms. Rooms may be Solo or transient either air-conditioned or not. Solo
rooms are the rooms in the 3 rd and 4th floor. Third (3rd) floor rooms are for female
tenants/ boarders and the fourth floor rooms are for the male boarders. A solo
room caters only up to 2 individuals per rooms. The room rates for solo rooms
stated above are per head. Renting a solo room wouldn’t mean that you will be a
Yet, if a boarder wants to be the sole occupant of the “solo” rooms, his
monthly payment for both air-conditioned and non air-conditioned rooms will be
10
the 200% of the regular fee per head. And so it means paying for the supposed
On the other hand, the last two columns of table 1 depict the room rates
for the transient rooms. Transient rooms are rooms of a capacity of up to five
occupants. Room rate for transient rooms stated above is good only for 2
persons. There will be additional charges for every additional occupant of the
transient rooms.
Since each transient room is able to cater five persons in one room,
charges for additional person in the transient room are shown in table 2.
Marketing
develop, and bring together the forces of supply and of the demand for a product
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Boarding houses or dormitories provide service to their market. It is a fact
that dormitory business is one of the booming businesses not only in Davao City
but also in the whole country. As long as there are immigrants, student from rural
areas wanted to study in the cities, as long as there are young professionals who
wanted to move out from their parents and live on their own, and as long as there
are individuals who cannot afford to buy their own houses, then the house rental,
dormitories, and apartment business will not die and will not be out in the
circulation.
On the other hand, though there is a big market for the dormitory and
apartment business, there is still a thwart to the said industry. Apartments and
dormitories who are not capable of satisfying their tenants will surely fail since
the boarders have a lot of boarding houses and dormitories to choose from.
through a pricing strategy to attain a better share of the market. They have varied
rental fee or rent rate to cater varied market. There are rooms which students
can afford and rooms intended and designed for the young professionals.
Badilles Dormitel also had spent money for their promotions. They had
printed out tarpaulins, banners, signage, and flyers. Aside from that, they also
12
newspaper). Badilles Dormitel also has its own blog site-
dissemination.
Future Plans
Badilles Dormitel has no more plans for expansion. The owner who
On the other hand, Badilles dormitel plans that in the future they will do
Badilles also pointed out that she plans to intensify their marketing instead of
Conclusion
13
In this type of business, a lot of grounds and factors must be taken into
everything is aligned with the attainment of the goals of the business. Everything
the progress of the business. Planning, leading and controlling the resources of
the business sh for it will surely lead top what you expect.
14
APPENDICE
S
15
Appendix 1
10 50 150
Computer/ laptop
15 100 300
Computer/ laptop (WIFI
use)
7 35 100
Radio/CD player
7 35 100
Television
14 70 200
Television (with Cable)
5 30 75
Lamp Shade
35 140 500
Iron
16
50 190 700
Refrigerator
At most 100
Other appliances
Appendix 1
Penalties
Violations
Washing 100 .00
17
BAKESHOP Dover Lanes
University of Immaculate
Conception FAIVIN”S
CAFE
-Bonifacio campus
Net
Dry Express
Clean
cafe
Badilles
Dormitel
18
MAP from Dover lanes to Badilles Dormitel
Residential Area
Visitors Lounge
Stairway
1st Floor
19
Documentations
20
Visitors lounge
21
Stairs leading to the second floor
22
POLICIES, NOTICES, RULES AND REMINDERS
Tarpaulin
23
Licenses and Permits
License to Operate
24
Permit from the Bureau of Internal Revenue
and Department of Trade and Industry
25