1

I. INTRODUCTION

Most of us tend to take printed materials for granted, but imagine

life today if the printing press had never been invented. We would not have

books, magazines or newspapers; posters, flyers, brochures, pamphlets

and mailers would not exist. The printing press allows us to share large

amounts of information quickly and in huge numbers because it can print

multiple copies. In fact, the printing press is so significant that it has come

to be known as one of the most important inventions of our time. It

drastically changed the way society evolved.

Clothing is one of the essentials a person must have. A T-shirt is a

style of unisex fabric shirt named after the T-shape of its body and sleeves.

It normally has short sleeves and a round neckline. It is a slip-on garment

without buttons.

Looking cool in printed t-shirts not only adds style to your look but it

also offers a great deal of uniqueness. But have you ever stopped and

think where it all started and how long have people been printing T-shirts.

The modern screen printing process was first patented in Manchester

by Samuel Simon in 1907. A few years earlier also in Manchester, the first

T-shirts began to emerge from the poverty ridden slums surrounding the
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textile mills. The T-shirt was quickly adapted by street gangs known as

scuttlers who regularly terrorized the local community. It was these

scuttlers who as soldiers wore their T-shirts under their uniforms in the

trenches of northern France. This was adapted by American troops which

lead to the T-shirt becoming a universal item of clothing. The images of

Hollywood stars such as James Dean and Marlon Brando wearing white T-

shirts has made the simple T-shirt a global fashion item found in wardrobes

all over the world. They are favorites of children, teenagers, men and

women regardless of age. It is one of the garments that are worn in all

parts of the world (Basa, 2013).

Printed T-shirts nowadays add style to the looks of a person

regardless of age and gender. Most of them prefer to wear printed T-shirts

than just an ordinary plain T-shirt. Prints in T-shirt can be customized or

ready-made.

A tarpaulin or tarp, is a large sheet of strong, flexible, water-resistant

or waterproof material, often cloth such as canvas or polyester coated with

polyurethane, or made of plastics such as polyethylene. In some places

such as Australia, and in military slang, a tarp may be known as a hootch.

Tarpaulins often have reinforced grommets at the corners and along the
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sides to form attachment points for rope, allowing them to be tied down or

suspended.

Inexpensive modern tarpaulins are made from woven polyethylene;

this material is so associated with tarpaulins that it has become colloquially

known in some quarters as polytarp (www.wikipedia.com).

II. COMPANY SUMMARY/PRODUCT AND SERVICE DESCRIPTION

T-shirt and Tarpaulin Printing business is considered to be one of the

best small-scale entrepreneurial businesses. If a person is interested in a

small entrepreneurial unit, he or she can think of starting a T-shirt and

tarpaulin printing business. This type of business does not need much

money for the initial investment. The investment is modest as compared to

the potential of gaining profits which can be attained quickly. Today, T-shirt

industry is considered to be the multibillion industry and we can see various

types of T-shirts in the market that are printed using traditional screen

printing to modern machinery (See Exhibit IV).

The proposed project is a T-shirt and Tarpaulin printing business,

which will be named “Tee-TarpsQuad Printing Shop” (See Exhibit I). It

will be located in Binakayan, Kawit, Cavite, just beside Bank of the

Philippine Islands (See Exhibit II). The business is very accessible to all
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target customers. On its first three years of operation, the business will

concentrate only on T-shirt and tarpaulin printing; and after three years

other services can also be offered like photo printing, ID lamination,

document printing, and personalized items like mugs, keychains, tumblers

and caps.

The firm will be rendering its services on an eight-hour a day basis

which is from 8:00 am to 5:00 pm with 1 hour lunch break from Monday to

Saturday. Its initial capitalization is Php 300,000.00 which is just enough for

the acquisition of the needed machineries and equipment and for the rental

fees.

III. TYPE OF BUSINESS ORGANIZATION

The business will be organized as a sole proprietorship. It is

considered by the owner due to the following reasons:

 It requires a limited amount of capital

 It is easy to start

 It does not require so many documents

 There is ease in the operation of a business

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The system of management will be that of the owner-manager. The

manager will see to it that all initial requirements are done during the

early stages of the project. Daily supervision will help things easily

organized and make sure that all details of the business are followed.

The manager will also perform the duties of a purchaser of materials

needed by the business. Purchasing will be done every Sunday and

extra purchases will be made during weekdays if the need arises.

IV. PERSONNEL ASPECTS

Personnel or manpower is very important to any firm. Without which,

Other resources, physical and financial cannot be put into use. To achieve

any business goal, manpower requirements need to be properly assessed.

Thus, complete description, proper specification and clear identification of

functions must be established.

The business will have the following for its personnel: a

manager, a secretary/bookkeeper and 4 production workers.

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A. QUALIFICATIONS OF THE PERSONNEL

Manager/Owner

 A graduate of a four-year course in Business Administration; with

MBA units completed

 Possesses dynamic leadership skills

 With good communication skills and public relations

 Can deal with all types of people

 Willing to work under pressure

Secretary/Bookkeeper

 Must be a graduate of a four-year course in Business Administration

 Industrious and can adapt herself to any person from all sectors

 Can keep financial records accurately

 Preferably female; 20 to 30 years of age

 Can be trusted with confidential information

 Must be honest

Production Workers (4)

 Must be at least high school graduates

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 Must be physically fit to perform their jobs

 Preferably male; 20 to 40 years of age

 Can accurately follow instructions

 Must be industrious, honest, and concerned with the quality of work

 Must be creative and with artistic ability

B. DUTIES AND RESPONSIBILITIES

Manager/Owner

 Supervises and manages the overall performance of the workers

 Organizes, plans, and implements policies with the aim f improving

the over-all operations of the firm

 On a daily basis, she shall oversee all outputs produced by the

production workers

 Analyzes and develops strategies on how to improve quality of of

service to be provided to customers

 Formulates marketing plans to have a continuous customer orders

and increase production outputs

 Also serves as the quality controller, purchaser of materials and

cashier of the business

 In-charge of the payroll distribution

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Secretary/Bookkeeper

 In-charge of recording financial transactions daily in the Books of

Accounts

 Maintains accurate records of financial data ranging from income,

payments, sales and purchases

 Takes control over some of the duties of the manager if the latter is

out

 Entertains on the needs of customers

Production Workers (4)

 Perform the actual T-shirt and tarpaulin printing

 Responsible for the proper maintenance of machines and equipment

used for printing

 Report to the manager/owner the needed materials for printing

 In-charge of cleaning the work area after work hours

(A part-time accountant will be hired and to be paid on a retainer’s basis).

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COMPENSATION PLAN

1. Monthly Salaries

Manager – Php 12,000.00

Secretary/Bookkeeper – Php 9,000.00

Production Workers – Php 8,000.00

2. A 13th month pay equivalent to 1 month salary will be given

3. A Christmas bonus of Php 1,000 will be provided

4. SSS benefits will also be given

V. MARKETING ASPECT

Marketing is a business function that identifies customer needs and

wants, determines which target markets the organization can serve best,

and designs appropriate products, services and programs to serve these

markets. However, marketing is much more than just an isolated business

function; it is a philosophy that guides the entire organization. It is the heart

and soul or the “lifeblood” of the business firm because without it, the firm

will not exist. The goal of marketing is to create customer satisfaction

profitably by building value-laden relationships with important customers.

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According to Peter Drucker, “Know and understand your customers

because if you have the right product or service, the product will sell itself.”

An organization can gain market leadership by understanding

consumer needs and finding solutions that delight customers through

superior value and quality service.

The market study seeks to determine the following:

a. The size, nature and growth of the total demand for T-shirt and

tarpaulin printing;

b. The supply situation in Kawit, Cavite and the nature of competition;

c. The description and prices of services to be offered;

d. The different factors affecting the market; and

e. The appropriate marketing program for the services.

DEMAND ANALYSIS

The demand analysis involves the study of the group of people who

are willing and able to buy the services to be offered. The demand for a

service has two dimensions’ its characteristics and its size. A characteristic

involves the jobs of the people or their capacity to buy; and size is the

number of people in the target place.

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Population is essential in projecting the demand; it is the total number

of persons living in the area. An increase in population also means that

there is an increase in potential buyers were in it is relative to the increase

in demand. Available data to compute for the projected demand is the

survey coming from the National Statistics Office (NSO), Trece Martirez

City, Cavite.

TABLE 1
Projected Population
(Kawit w/ 2.08% Growth Rate)

YEAR Projected Population

2018 97,813
2019 99,848
2020 101,925

Table 1 shows the Projected Population of Kawit, Cavite from Year 2018 to

2020. The basis of this population is the 2017 population according to NSO

which is 95,820 x the growth rate of 2.08%.

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TABLE 2
Projected Demand
(Kawit)

YEAR Projected % of Potential Projected

Population Customers Demand (No. of
Customers)
2018 97,813 30% 29,344
2019 99,848 32% 31,951
2020 101,925 34% 34,655

From the total projected population, a 30% projection is made to come up

with the projected demand for T-shirt and Tarpaulin printing and an

increase of 2% for the succeeding 2 years. The basis of the projection is

from the interviews conducted by the researcher to the present printing

shop owners in Kawit.

TABLE 2.1
Projected Demand (For T-shirt Printing)
(No. of Customers)

YEAR Projected T-Shirt Printing Projected

Demand Demand
(Population)
2018 29,344 70% 20,541
2019 31,951 70% 22,366
2020 34,655 70% 24,259

Based on the interviews to the existing T-shirt printing shop owners,

approximately there are 70% who would want to acquire the T-shirt printing

services.
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Table 2.2
Projected Demand (For Tarpaulin Printing)
(No. of Customers)

YEAR Projected Tarpaulin Projected

Demand Printing Demand
(Population)
2018 29,344 30% 8,803
2019 31,951 30% 9,585
2020 34,655 30% 10,396

A 30% projection was made by the existing tarpaulin printing shops based

on the demand projection.

TABLE 2.3
Summary of Projected Demand
(No. of Customers)

YEAR T-Shirt Printing Tarpaulin TOTAL

Printing
2018 20,541 8,803 29,344
2019 22,366 9,585 31,951
2020 24,259 10,396 34,655

Table 2.3 shows the summary of projected demand for T-shirt and

Tarpaulin printing.
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TABLE 3
Projected Demand
(In Pieces of T-Shirt Printing)

YEAR Potential No. of T-shirt Projected

Customers Printing Demand (in
pcs.)
2018 20,541 3 61,623
2019 22,366 3 67,098
2020 24,259 3 72,777
TOTAL 201,498

There are 3 pieces of T-shirts being printed per potential customer per

year; the estimated projected demand (in pieces) was computed for 2018

to 2020 and the total projected demand for 3 years is 201,498 pieces of

printed T-shirts.

TABLE 4
Projected Demand
(In Pieces of Tarpaulin Printing)

YEAR Potential No. of Tarpaulin Projected

Customers Printing Demand (in
pcs.)
2018 8,803 2 17,606
2019 9,585 2 19,170
2020 10,396 2 20,792
TOTAL 57,568
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A total of 57,568 pieces of tarpaulins for Year 2018 to 2020 was computed

in order to get the projected demand; approximately there are 2 pieces per

year per individual.

TABLE 5
Summary of Projected Demand

YEAR In pcs. Of T- In pcs. Of Total Projected

shirt printing Tarpaulin Demand (in
printing pcs.)
2018 61,623 17,606 79,229
2019 67,098 19,170 86,268
2020 72,777 20,792 93,569

SUPPLY ANALYSIS
Supply of T-shirt printing and tarpaulin printing services can be

determined by analyzing the number of competitors or existing businesses

in the area who are offering the same type of business.

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TABLE 6
Present Competitors

Name of Services Address Prices

Competitors Offered
Elton Printing T-shirt, Bgy. Gahak Php 50 to Php
Shop tarpaulin 100
printing
Image & Prints T-shirt & Ecandia St., Php 70 to Php
Tarpaulin Kaingin 120
Printing &
Souvenirs
Kawit’s Best T-shirt & Covelandia Rd., Php 50 to Php
Prints Tarpaulin Binakayan 120
Printing

Table 6 presents the existing businesses or competitors who are offering T-

shirt and Tarpaulin printing services to customers in Kawit. Their prices

range from Php 50 as the lowest and Php 120 as the highest for T-shirt

printing while for Tarpaulin printing, all of them are offering Php 20.00 per

square foot.

TABLE 7
Projected Supply
(in pcs. of Printed T-shirts)
YEAR Supply of Supply of Supply of Projected % of Supply Total
Elton (20%) Image (15%) Kawit’s Best Supply Increase Projected
(25%) Supply
2018 12,325 9,243 15,406 36,974 0% 36,074
2019 13,420 10,065 16,775 40,260 5% 42,273
2020 14,555 10,917 18,194 43,666 5% 45,849
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From the interviews conducted, the percentage of supply was provided by

the three existing competitors; 20% for Elton’s, 15% for Image and 25% for

Kawit’s Best. A 5% supply increase was also projected starting in Year 2

and Year 3.

TABLE 8
Projected Supply
(in pcs. Of Printed Tarpaulins)

YEAR Supply of Supply of Supply of Projected % of Supply Total

Elton’s (15% Image (25%) Kawit’s Best Supply Increase Projected
(25%) Supply
2018 2,641 4,402 4,402 11,445 0% 11,445
2019 2,876 4,793 4,793 12,462 5% 13,085
2020 3,119 5,198 5,198 13,515 5% 14,191

For tarpaulin printing, the percentage of supply was also provided. 15% for

Elton’s, 25% for Image and also 25% for Kawit’s Best. A 5% supply

increase for tarpaulin printing was also projected in Year 2 and Year 3.

TABLE 9
Summary of Projected Supply

YEAR Projected Projected Total Projected

Supply for Supply for Supply
Printed T-shirts Printed
Tarpaulins
2018 36,074 11,445 47,519
2019 42,273 13,085 55,358
2020 45,849 14,191 60,040

Table 9 shows the total projected supply of the three competitors for both

the services of T-shirt and Tarpaulin printing.

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DEMAND AND SUPPLY ANALYSIS

In order to determine the market share of the business, there is a

need to know first the difference between the projected demand and the

projected supply.

The unfilled demand can really affect the operation as the sales of the

business. Therefore, this unfilled demand should be given an immediate

solution in order to increase sales and to serve many customers.

TABLE 10
Projected Unfilled Demand

YEAR Projected Projected Projected

Demand Supply Unfilled
Demand
2018 79,229 47,519 31,710
2019 86,268 55,358 30,910
2020 93,569 60,040 33,529

The projected unfilled demand was computed by getting the difference

between the projected demand and the projected supply.

TABLE 11
Projected Market Share

YEAR Projected % of Market Projected

Unfilled Share Market Share
Demand
2018 31,710 40% 12,684
2019 30,910 45% 13,910
2020 33,529 50% 16,765
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Based on the demand gap between the demand and the supply, the

entrepreneur/owner forecasted to have a 40% of the market share on its

first year of operation and it will increase by 5% annually.

TABLE 11.1
Projected Market Share
(in Pcs. of T-shirt Printing)

YEAR Market Share % for T-shirt Projected

Market Share
2018 12,684 70% 8,879
2019 13,910 70% 9,737
2020 16,765 70% 11,736

TABLE 11.2
Projected Market Share
(in Pcs. of Tarpaulin Printing)

YEAR Market Share % for Tarpaulin Projected

Market Share
2018 12,684 30% 3,805
2019 13,910 30% 4,173
2020 16,765 30% 5,030

VI. PRICING STRATEGIES

The determination of prices of the services to be offered is as crucial

as of other marketing activities. This will dictate the projections and other

income operations of the business.

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The following prices were based on the existing and similar

businesses with considerations on the present status of the market.

TABLE 12
“Tee-TarpsQuad Printing Shop” Projected Annual Selling Price
YEAR % Increase PRICE for T- PRICE for T- PRICE PRICE (text
shirt printing shirt printing (printing w/ only & shirt
(with (text only) designs & included)
designs) shirt
included)
2018 0% P 140 P 50 P 230 P 160
2019 3% P 144 P 52 P 237 P 165
2020 6% P 153 P 55 P 265 P 175

(The price for tarpaulin printing will be set at Php 20.00 per square foot).

The above prices are considered higher than the existing competitors

because Tee-TarpsQuad Printing Shop will still provide the services to

customers even if the printing to be acquired is not in volume or in large

quantities. As per interviews to the existing competitors, their prices (as

presented in Table 6) are lower because they are only accepting printing

services in large volume; which is 12 pieces as the minimum.

VII. MACHINERIES, EQUIPMENT AND SUPPLIES

The proposed business will acquire the necessary machineries,

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Equipment and supplies suited for the effective performance of its services

(See Exhibit IV). It will be purchased from a reliable supplier. The following

machineries, equipment and supplies together with the cost and quantity

are necessary in T-shirt and Tarpaulin printing. Their quantities are

sufficient to ensure maximum capacity of service. Costs are based on their

current prices.

TABLE 13
T-Shirt/Tarpaulin Printing Machineries, Equipment & Supplies

NAME Specifications Quantity Price TOTAL

6-in-1 Heat A multi-function 2 Php 15,000 P 30,000
heating machine
press image that can transfer
images from
pigment or
sublimation ink to
T-shirts and
canvass. It is
composed of: 1
unit flat heat press
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machine, 2 plate
press, 2 mug press
and 1 cap press.
Desktop AMD SEMPRON 2 Php 14,000 P 28,000
LE145 2.8GHz
Computer Processor
Motherboard with
built-in Audio,
Video, LAN 1GB
DDR3 1333 RAM
memory 250GB
SATA 2 hard disk
drive

ATX Casing w/
Power Supply

High Quality PC
Case 16” LED
Monitor
Ink In all colors 10 liters Php 2,000 P 20,000
per liter
TOTAL Php 78,000

Office furniture and supplies will likewise be acquired by Tee-TrapsQuad

Printing Shop. They are the following:

a. Office Tables (4) at P1,000 each = Php 4,000

b. Office Chairs (4) at P 500 each = Php 2,000

c. Computer Table (1) at P 1,000 = Php 1,000

d. Office Supplies = Php 1,500

VIII. FACTORS AFFECTING THE MARKET

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There are several factors that may affect the market of “Tee-

TarpsQuad” Printing Shop. These contributing factors may deliver negative

effects on the market of this business and they are the following:

 Demand Size

Demand refers to how much (quantity) of a product or service is

desired by buyers. The quantity demanded is the amount of a product

customers are willing to acquire at a certain price which may

eventually affect the income of a business like a T-shirt and Tarpaulin

printing shop. With this, the firm must be ready by offering better

quality of printouts of T-shirts and tarpaulins to customers at

affordable price.

 Raw materials

The firm’s printing processes if not properly done may consume

significant amount of raw materials which may lead to a bigger impact

on the company’s earnings. Productivity improvements and cost

reduction must be properly explained to production workers and the

firm can purchase raw materials like paint through negotiated long-

term contracts with suppliers to minimize the impact of price

fluctuations.
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 Prices of T-shirt and Tarpaulin Printouts

Many business owners make the mistake that competition begins and

ends with who among them can provide the lowest price to

customers. Still, price is important; but consider also the quality of

services and finished products that a customer may get.

 Competition

There is an intense rivalry in the industry nowadays, as the number of

firms engaged in the same type of business. In competition, the firm

who can satisfy the needs and wants of customers will surely get a

higher market share. The best thing is how the company’s services

differ from the services offered by other firms in relation to quality and

prices.

 Economic Condition

The economy changes quite rapidly. With this, change in the

marketing strategy is also required. As the budget of the customer

drops, the spending pattern may also drop. To be sure that the

business is not adversely affected, a very minimal increase in its

prices will be done which is just enough within the reach of its

customers.

IX. MARKETING PROGRAM

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In a service business, you are marketing yourself – your expertise

and capabilities, your reliability, and your commitment to provide excellent

service. Service is not a tangible commodity, so what you are selling is the

promise to deliver what you set to deliver. Your marketing efforts will have

to focus on communicating that promise to your clientele.

Selling a service is more difficult than selling a tangible product.

Customers are much less certain when they are buying a service, since

what they are buying is merely a promise that the seller will do something

for them in a way that will satisfy their expectations.

A. Advertisement through the Internet

The business will have its official website that may include the

business name, address and contact number, types of services and

prices.

B. Distribution of Leaflets

This will be done a week before the opening of the Printing Shop so

that the target customers in Kawit, Cavite will be aware about the new

business.
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C. Tarpaulins

These will be posted or displayed in areas that can easily be noticed,

seen or read by potential customers. The areas to be included are:

Basketball Court in Tabon, Barangay Hall in Wakas, in-front of St.

Mary Magdalene Academy, Aguinaldo Park, Island Cove and

Binakayan Public Market.

D. Referrals

The recommendation of a satisfied client is often the most effective

way of bringing in new clients. People tend to view recommendations

from those who have previously used the service as highly credible,

and are more inclined to use the recommended service. Referrals,

however, do not always come easily. Most often, you have to ask for

it. If one of your clients seems satisfied with your service, request him

or her to refer your business to their friends or acquaintances that

may benefit from your service.

X. FINANCIAL ASPECT

The following sections lay out the details of the financial plan for the

next three years of operation.

Financial Statements
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Tee-TarpsQuad Printing Shop

Income Statement
For the 3-year ended December 31, 2020

Sales Revenue 2018 2019 2020

Sales 1,285,550.00 1,407,750.00 1,596,060.00
Less: Expenses
Organization Cost 20,000.00 - -
Salaries 689,000.00 689,000.00 689,000.00
Benefits 18,379.90 18,379.90 18,379.90
Professional fees 36,000.00 36,000.00 36,000.00
Rent 48,000.00 48,000.00 48,000.00
Transportation 20,000.00 21,000.00 22,050.00
Utilities 120,000.00 132,000.00 145,200.00
Advertising and Promotions 30,000.00 20,000.00 20,000.00
Repairs and Maintenance 20,000.00 22,000.00 24,200.00
Supplies and Overhead 321,387.50 351,937.50 399,015.00
Depreciation 13,000.00 13,000.00 13,000.00
Total Expenses 1,335,767.40 1,351,317.40 1,414,844.90
Net Income -50,217.40 56,432.60 181,215.10

Tee-TarpsQuad Printing Shop

Statement of Changes in Equity
for the 3-year ended December 31, 2020

2018 2019 2020

Capital Beginning - 249,782.60 306,215.20

Investment of Owner 300,000.00

Add Net Income (50,217.40) 56,432.60 181,215.10

Capital End 249,782.60 306,215.20 487,430.30

Tee-TarpsQuad Printing Shop

Statement of Financial Position
for the 3-year ended December 31, 2020
2018 2019 2020
ASSETS
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CURRENT ASSETS
Cash in Bank 156,857.73 226,708.26 420,701.22
Accounts Receivables 12,855.50 12,669.75 12,768.48
Prepaid Rent 12,000.00 12,000.00 12,000.00
Supplies Inventories 16,069.38 15,837.19 15,960.60
Total Current Assets 197,782.60 267,215.20 461,430.30
LONG TERM ASSETS
Equipment (Net) 52,000.00 39,000.00 26,000.00
Total Non Current Assets 52,000.00 39,000.00 26,000.00
TOTAL ASSETS 249,782.60 306,215.20 487,430.30
OWNER'S EQUITY
Owner's Capital 249,782.60 306,215.20 487,430.30
TOTAL LIABILITIES & EQUITY 249,782.60 306,215.20 487,430.30

Tee-TarpsQuad Printing Shop

Cash Flow Statement
for the 3-year ended December 31, 2020

2018 2019 2020

Cash Inflow from Operations
Collection from Customers 1,272,694.50 1,407,935.75 1,595,961.27
Cash Outflow from Operations

Cash Outflow from Operating Expenses (1,350,836.78) (1,338,085.21) (1,401,968.31)

Net Cash Inflow from Operations (78,142.27) 69,850.54 193,992.96

Cash Outflow from Investing Activities
Cash Outflow from Purchase of
Equipment (65,000.00) - -
Cash Inflow from Financing Activities
Investment by Owner 300,000.00    
Net Cash Inflow from Financing Activities 300,000.00 - -

Net Cash Inflow 156,857.73 69,850.54 193,992.96

Add Prior Year's Cash Balance   156,857.73 226,708.26
Ending Cash Balance 156,857.73 226,708.26 420,701.22

Supporting Schedules
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Schedule 1 2018 2019 2020

  Qty Price Amount Qty Price Amount Qty Price Amount
T-shirt printing (with 222 140. 310,800. 2,43 140. 340,760. 2,93 140. 410,760.
designs) 0 00 00 4 00 00 4 00 00
T-shirt printing (text 266 50. 133,200. 2,92 50. 146,050. 3,52 50. 176,050.
only) 4 00 00 1 00 00 1 00 00
Printing w/ designs & 177 230. 408,250. 194 230. 448,040. 234 230. 539,810.
shirt 5 00 00 8 00 00 7 00 00
222 355,200. 389,440. 469,440.
2,43 2,93
0 00 00 00
Text printing & shirt 160.00 4 160.00 4 160.00
Tarpaulin Printing 390 20. 78,100. 417 20. 83,460. 503 20.  
5 00 00 3 00 00 0 00
Total Revenue
    1,285,550.00     1,407,750.00     1,596,060.00

Schedule 2      
Cash Outflow from Operating Activities      
Organization Cost 20,000.00 - -
Salaries 689,000.00 689,000.00 689,000.00
Benefits 18,379.90 18,379.90 18,379.90
Professional fees 36,000.00 36,000.00 36,000.00
Rent 60,000.00 48,000.00 48,000.00
Transportation 20,000.00 21,000.00 22,050.00
Utilities 120,000.00 132,000.00 145,200.00
Advertising and Promotions 30,000.00 20,000.00 20,000.00
Repairs and Maintenance 20,000.00 22,000.00 24,200.00
Supplies and Overhead 337,456.88 351,705.31 399,138.41
Total 1,350,836.78 1,338,085.21 1,401,968.31

Schedule 3 LAPSING
Equipment Price Useful Life Depreciation
6-in-1 Heat press image 30,000.00 5 6,000.00
Desktop Computer 28,000.00 5 5,600.00
Office Tables 4,000.00 5 800.00
Office Chairs 2,000.00 5 400.00
Computer Table 1,000.00 5 200.00
Total 65,000.00   13,000.00