Pre Final Edit

A Feasibility Study Presented to the Committee,
Business and Accountancy Department

Andres Soriano Colleges of Bislig
DOG’s HOME CARE
In Partial Fulfillment of the Requirements of the

Degree of Bachelor of Science in Business Administration
For the School Year 2019-2020
By:
BALMORI, PETER JASS S.

CAMPOS, EJ G.
DEREAL, ANALYN B.
LESIGUES, MARIA ALEXIA C.
MAMILIC, ALMA V.
MESIAS, RENATO D.
Presented to:
Ms. MAE CRISTINE P. ORILLANEDA

Adviser
October, 2019
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ACKNOWLEDGEMENT
The completion of this undertaking would not have been possible without the
participation and assistance of each individual who contributed their time and effort. Their
contributions are sincerely appreciated and gratefully recognized. The group would like to
express their deepest appreciation especially to the following:
To our classmates, big thanks for all the laughter and smiles we have shared, despite all
the hardships we have gone through. Thank you for sharing your life stories with us during our
sleepless nights beating the deadlines. You are fundamentals in supporting us during this
stressful and difficult study. Above all, thank you for the friendship.
To our ever hardworking adviser, Miss Mae Cristine P. Orillaneda, whom we entrust the
guidance of making this proposed study. Thank you for giving us an opportunity to experience
the challenges, and teach us to strive hard and eventually measures our capability to solve every
problem; for her suggestions and advices that contributed immensely to our project; and to her
expertise, sincerity, valuable guidance, and encouragement she has extended to us.
To our beloved parents, thank you for guiding and supporting as both morally and
financially. Thank you for the patience, understanding, and encouragement you have given us.
None of this would have been possible without your love and patience.
Lastly, to our Almighty Father, we would like to give our greatest gratitude to Him, for
His unconditional love, the blessings He showered upon us all the time, and for His guidance all
throughout this study. Without your guidance Lord, we are nothing. Thank you for everything.
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PART 1
INTRODUCTION
Spending your working days in job that is enriching personally and rewarding financially
is sometimes difficult to do. For an animal lover, or especially a dog lover, a Dogs Home Care
may be the answer for you. Just loving dogs, however is not the only requirement for success in
your decision to start and run your own business? Knowing about dogs, working w/ employees
understanding relationships with the owners are all necessary if you strive to do well. There are
also health and legal responsibilities and knowing how to turn a profit. Your own characteristics
will also come into play. Having a strong work ethic, the energy to put in some long days and
relational skills w/ people are important. The physical ability to manage decisions based on
financial and legal issues all are part the job. The difference between high quality service to the
dogs and their owners, and a minimalistic attitude toward the work, can make or break the
business.
Learning about available funding, goal setting, organizational structures and matching the
needs of your community will also affect the outcome of your dog day care. To start and keep
any business profitable, requires continual learning about current technology, the profession, and
you customer’s needs. In this case, your customer and his dogs need. According to (Claire
Brough), an animal business specialist who currently writes content for Animal World. Com, the
pet industry has held it own through the latest financial crisis and is on track to continue this
trend for the fore see able future. According to (Caire Brough) shares that this is the result of
increased pet ownership, increased humanizing of pets, and the increase in disposable income
since the economic downturn reversed direction. People are treating their pets more like children,
and in doing so they tend to buy more specialized food, products, and services.
It is due to this fact that there are several dog related services, such as grooming, training,
day care, running, and amongst all these services is dog walking. Dog walkers are people who
love dogs, are in-tune with canine ways and are also people who love the out weather regardless
of any conditions. Dog walkers are also people who love to exercise and seek companionship.
Dog grooming services have increased from 2009 to 2014, and will still increase till 2019 despite
the poor economic outlook. This is due to the fact that customers have more disposable income
to spend on their dogs, and that dogs are considered part of the family. Also, research has shown
that since the dog grooming business is unregulated, individual dog walking business people had
a higher market share than established businesses and franchises.
According to a report, (Fetch Pet Care franchises) all over barely made above 1% of the
total industry revenue. This is due to the fact that dog walking is tailor made for immediate
localities and neighbourhoods, and will have clients seeking to use the services of those who
lived around as they believed that these ones were likely to provide a personalized care to their
dogs. Also, it was also found that although dog walking is a good exercise for humans, it is even
better for the dogs as it reduces obesity in dogs, which is likely to cause cardiovascular disease,
osteoarthritis, insulin resistance, and liver disease.
Due to the growth of the population of baby boomers, young children, young couples,
and the elderly; one can say that this industry will be on a continuous growth especially as
people view a dog as a man’s best friend. Also, another factor towards the growth of the industry
is the awareness of the health benefits accrued from owning pets, especially dogs. According to
the American Pet Product Association (APPA) as at 2010, Americans had spent over $47.7
billion on pet products and services, an increase of 4.8% from 2009. It was found that 46% of
households owned more than one pet, and that only 3% of households use dog walking services.
The Dogs Home Care, We want to help our clients develop their pets and dogs capability,
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capacity, productivity and performance and of course to also make profits from the dog
grooming services and training.
According to (Carles Vila) a founder/CEO which makes the most extensive study to date
on the Dogs generation background but comes from (gray wolf), Carles Vila team to analyzed
162 different DNA sample from 27 populations in Europe, Asia, and Northern America. The
Dog is a beautiful animal; a friend who makes fun gives people to comfort and even helps them
find bumps and drugs. As a human being and as a beast we should be able to appreciate the
living thing that God created. This is why Dog’s Home Care are formed because no one else can
understand them and give them much attention be a human. According to (Pippa Elliot, MRCVS,
2019) the dog it is important to know how to take care of it. You need to provide for its needs,
both physical and emotional. Caring for a Dog is a big responsibility and is not something to
enter into lightly, however this work will help you to successfully build.
The primary objectives of any business are to make profits and pet shops are no
exception. You can sell a lot of items for dogs and can offer customers services that they can
enjoy while waiting. Pet shops help educate people about how to care their pets especially dogs.
Offering educational material workshops and demonstration to educate dog owners on topics of
interest. Dog shops are partner of dog owners in helping their fur babies grow healthy, their
mission is to help by making profit and achieve owner’s goal to their pet. Animals can’t talk it’s
our responsibility to read their body language and listen to what they’re saying. So as responsible
pet owner, we must give them the right to live.
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BACKGROUND OF THE STUDY
“Dogs Home Care” should be able to safely handle and transport animals, provide
appearance care, and successfully communicate with animal owners. They must have strong
customer service and clerical skills in order to answer phones, schedule appointments, and relay
important animal health information to clients. Above all, Dogs groomers should have a passion
for working with animals. Dogs are among the top three most common pets owned by
individuals and families. Owning a dog is fun particularly as it serves as a confidante -as they are
friendly and can co-habit perfectly with humans, as well as provide security. In America for
example; dogs are highly regarded and accorded esteem and 1 in every 3 households where there
are pets, own a dog or had owned one.
Dogs Home Care is a great benefit because all they would be taught will go a long way in
determining the dog’s outcome. We will ensure that we hire professional dog trainer. We are
putting plans in place to be sure that any dog or pet under our custody is well taken care of and in
the pursuit of excellence and financial success with uncompromising services and integrity
which is why we have decided to venture into dog walking business. We are certain that our
values will help us drive the business to enviable heights and also help us attract the numbers of
clients that needed per time.
Dog’s Home Care, will demonstrate their commitment to sustainability, both
individually and as a dog’s Home Care services business, by actively participating in our
communities and integrating sustainable business practices wherever possible. We will ensure
that we hold ourselves accountable to the highest standards by meeting our clients’ needs
precisely and completely. We will cultivate a working environment that provides a human,
sustainable approach to earning a living, and living in our world, for our partners, employees and
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for our clients. Appreciating a dog is subjecting ourselves to how we value our environment. The
Dogs Home Care services that each dog is given an individual that records dog details, his/her
likes and dislikes, trimming and style details and also owner details. Training Center – The training
center will provide a place for public and animal training, as well as offer a place for larger functions or
meetings. - Training Room: Large, flexible room to allow for gathering of both humans and animals.
Separate access will be provided to allow for meeting to occur when the shelter is closed. They are
working professionals that need reliable, trusting and convenient pet care available to them to
keep up with the demands of their hectic schedules.
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PART 2
OVERVIEW OF THE SERVICE
Dogs Home Care is a combination of home, a place to live and care, the love for animals.
It’s a place that offers high quality services for your pets, and a place to be comforted home. Pet
shops are normally found in areas where many people owned people owned a pet. A highly
demanded place for profit and highly demanded place for profit and highly accessible for
customers.
Dogs Home Care services are as follows.
 Creative Grooming – bathing, hair removal, coloring dogs, trimming and painting dogs
nail
 Ear and Dental Care – this are susceptible to dirt and grime if not cleaned properly this
residue can lead to infection
- Uses dog toothbrush and toothpaste
 Bath – Scrub - we gently massage shampoo into your dog's coat to remove dirt, oil and
debris, leaving them silky-smooth and squeaky-clean.
 Training – basic obedience
 Dog Walking Service
Dogs Home Care is a service business which serves dog’s only to the public. Variety of
dog’s supplies and pet accessories are sold. The service includes: grooming package, bath
and laundry, ear cleaning, derma, haircut, medicated bath, pet massage, pedicure, tea stain
removal, and teeth brushing etc. Some pet shops/stores provide product for pet : food, treat,
toys, collars, leashes, cages, etc. The pets provide their owners (or "guardians") both physical
and emotional benefits. Walking a dog can provide both the human and the dog with
exercise, fresh air, and social interaction. A Dogs Home Care can give companionship to
people who are living alone or elderly adults who do not have adequate social interaction
with other people. There is a medically approved class of therapy animals, mostly dogs or
cats, that are brought to visit confined humans, such as children in hospitals or elders
in nursing homes. Pet therapy utilizes trained animals and handlers to achieve specific
physical, social, cognitive or emotional goals with patients.
Many store chains have rules about quarantining new or sick animals to ensure that only
healthy animals are offered to sale. Guarantees are usually offered so that buyers can bring
back the animal if it becomes ill within a short time of purchase. Many stock informative
brochures to advise owners on proper care for a new pet, and stock all of the needed supplies.
Pet Shop/Stores can have dep discounts when it comes time for clearance. You can
sometimes find discounts as deep or deeper than online, including seasonal price-slashing’s
such as dog’s sweaters in the summertime. Can be a profitable business regardless of the
performance of the larger economy. Dogs Home Care have shown revenue growth even
during recessions, as owners have cut back their own spending before reducing the standard
of living their pets.
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PART 3
SITE AND LOCATION ANALYSIS
A. TECHNICAL ASPECTS
1. AREA OF THE OPERATION
As researcher, our proposed business is best to put up in Mangagoy, Bislig City, Surigao
del Sur near in the Gaisano Capital of Bislig, because it is the center of trade and industry. Most
likely it is the place where most people love to visit and explore our business.
2. SIZE OF THE FACILITY
The business of Dog’s Home Care can be operated with the minimum of 150 square
meters. It compromises the following sections of operations such as Bath Tube, Grooming Area,
Training Area, Sitting Area, Waiting Area, Comfort Room, and office for employees.
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3. LOCATION
DOG’s HOME CARE
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A. Right side of Saint Paul, Andres Soriano Ave., Mangagoy, Bislig City
Dogs Home Care
B. Left Corner of Saint Paul, Andres Soriano Ave., Mangagoy, Bislig City
4. MACHINERY AND EQUIPMENT
Dogs Home Care
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A “Dog’s Home Care” is a full of services no matter what you like, you’ll need a lot of
different services to make the business look professional and welcoming to the customers.
Table 1. Machinery and Office Equipment

ITEM DESCRIPTION QTY UNIT TOTAL
COST COST
Canon MG2570S 1 ₱2,426 ₱2,426
Colour
Multifunction Inkjet
Printer (Black)
Computer Set Dell 1 ₱15,200 ₱15,200

i7
Powerhouse Diesel 1 33,230.00 33,230.00

Generator w/
Battery for electric
start
3 ₱7,499 ₱22,497
Eureka EWA 0.6HP
Window Type Air
Conditioner
TOTAL ₱73,353.00
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Table 1.1 Furniture and Fixtures
COST COST
5 ₱350 1,750
File Organizer
4 layers cabinet 2 ₱2,400 ₱4,800
Office Table 2 ₱2,695 ₱ 5,390
Office Back Chair 2 ₱949 ₱2,847
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Waiting Room 3 ₱3,172 ₱9,516
Wooden Bench
TOTAL ₱24,303.00

Table 1.2 Grooming Tools COST COST
Pet Grooming Hair 4 ₱989 ₱3,956
Thinning Shear,
Straight, Curved
Cutting Tool Set
Pin Brush 4 ₱116 ₱464
Medium Soft 4 ₱169 ₱676

Slicker Brush
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Rubber Curry 4 ₱157 ₱628
Fur Rake 4 ₱56 ₱224
Nail Clipper 4 ₱120 ₱480
Nail Scissor 4 ₱135 ₱540
4 ₱139 ₱556
Hemostat Curved
Dematting Tool 4 ₱117 ₱468
KM Animal 4 ₱1,350 ₱5400

Clipper Set
Blunt Tipped Shear 4 ₱380 ₱1,520
Flea Comb 4 ₱249 ₱996
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Shedding Blade 4 ₱462.28 ₱1,849.12
Ear Cleaning Set 4 Set ₱241 ₱964

Ear Wax Remover
Total: ₱18,721.12
Table 1.3 Grooming Supplies

COST COST
Dog Shampoo Set 10 ₱590 ₱5,900
sets
Catidea Foaming 5 sets ₱980 ₱4,900

Waterless
Deodorizing
Shampoo
Drying Towel 15 ₱163 ₱2,445

pcs.
Hartz Ear Cleaner 5 pcs. ₱379 ₱1,516

4oz
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Styptic Powder 2 pcs. ₱207 ₱414
True Touch Gloves 10 ₱88 ₱880

pcs.
SURE-GUARD 50 20 ₱59 ₱1,180

pcs. Disposable boxes
Face Mask
Pet Adjustable 10 ₱92 ₱920

Mask Bark Bite pcs
Mesh Mouth
Muzzle Grooming
200pcs Cotton 15 ₱149 ₱2,235

Buds boxes
Ears Clean Tool
TOTAL ₱ 21,334.00
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Table 1.4 Grooming Equipment
COST COST
HV Dryer 2 ₱3,585.92 ₱7,171.84
Pet Grooming 2 ₱2,200 ₱4,400

Table
50” Pet Bath tub 1 ₱53,549.08 ₱53,549.08
TOTAL ₱ 70,450.92
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5. Office Supplies
Table 2. Office Supplies

Item Description Quantity Cost Total Cost
Log Book Record Book 500 pages XXII 1PC. ₱77.75 ₱77.75
Ball pen HBW 1box ₱52.00 ₱52.00

Staple Ergonomics Style AD-50 2pc ₱200 ₱200
Staple Wire Staple wire #35 1box ₱36 ₱36
Memo Pad Sticky Notes 5c 1pad ₱24.95 ₱24.95

Trash can American Choice 3pcs. 629.75 1,889.25
Tornado Spin mop microfiber 1pc ₱699 ₱699
mop
Broom NVJS 1pc ₱80 ₱80
Dust pan NVJS 1pc ₱40 ₱40
Bond Paper Paper One 1box 725 725

(short)
Envelope NVJS 10pcs 10 100
(short)
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Scotch Tape Tuff Brand 4pcs 14.75 59
Pencil Mongol 2 1 box 69.00 69.00
Cork Board 60*90cm 1 pc 470.00 470.00
Push u pins TM 1box 19.80 19.80
Paper Clips Small 1box 23.80 23.80
Puncher Prince 1pc 165.00 165.00
Fastener HBW 1box 35.00 35.00
Folder Short 10pcs 5.00 50.00
Scissors 6 inches 2pcs. 11.00 33.00
TOTAL ₱4,848.25
6. Utilities
Electricity, telephone and internet are the most necessary and important utilities in our
business. Electricity cost depends on the consumption of the operating equipment and the whole
operation of the salon. It is based on the number of units per equipment multiplied to its voltage
operating time and cost per kWh of 8.1318. The cost of equipment is added up to get the
electricity bill. The computation is based on SURSECO I rate. The estimated monthly
consumption per electricity is based on the table.
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Table 3. Utilities: estimated Monthly Electricity Consumption
ITEM UNIT WATTAGE OPERATING UNIT TOTAL

S HOURS COST/kWh
Water 1 100 6 9.1318 5.479
dispenser
HV Dryer 2 1400 4 9.1318 102.276
Animal Hair 2 80 6 9.1318 8.767

Clipper
Air 3 510 5 9.1318 69.858

Conditioner
Lights 8 45 6 9.1318 19.725
Computer 1 250 7 9.1318 15.981
Printer 1 300 3 9.1318 8.219
Wi-Fi Router 1 50 8 9.1318 3.653
Cost per Day P233.958

Cost per Month P5,614.10
Cost per Year P67,369.2
For the water consumption, the cost is included in the rental fee for the building since the water
is a common utility.
Globe Telecom is our business’ chosen provider for telephone and internet. The group will avail
the P1, 299 bundled plan. This includes 10Mbps and landline. The estimated monthly telephone
and internet cost is shown in the table below.

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Table 4: Estimated Monthly Telephone and Internet Costs
Installation Cost ₱ 1,200.00
Wi-Fi ₱ 1,000.00
Internet Connection cost per month ₱ 1,299.00
Total ₱ 3,499.00
7. Service Cost
Table 5: Service Cost

COSTS Cost per month
Overhead Cost Rent Expense P15,000.00

Utilities Expense P6,913.99
Labor Labor Expense P28,000.00
Total P54,913.99
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8. WASTE DISPOSAL
In order to become a social and eco-friendly business. The fur of dogs must be store
in garbage plastic and segregated from biodegradable and non-biodegradable that comply
with the Government’s Duty of Care legislation. A waste digester, such as Dogs Home
Care is about the size of a bucket, which you bury in your yard. You open the lid, put the
dog poop in, and add an enzyme and water once a week. The waste liquefies and returns
to the earth.
By far the best way to get rid of any dog from around a garden or from out on a walk,
is to bag it correctly using biodegradable plastic bags and then to place them in the bins
that are found along just about every road in towns and cities.
To dispose of dog poop in the eco-friendliest way, is to avoid flushing your dog’s poop in
the toilet. Don’t take composting into your hands (at home composting methods aren’t
strong enough to kill all the pathogens in dog poop).
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9. Project Time Table
Project shown in Table 6 is the Project Time Table of the proposed study. It shows the
different activities of the proposed study with its schedule or time of the implementation. The
preparation of the feasibility study was being accomplished in the third quarter of the first year.
Presentation of the study was being presented in the first quarter of the second year while
deliberation and approval of the study will be done in the last quarter of the second.
Table 6: Project Time Table
ACTIVITY START FINISH DURATION

Sharing Ideas of the Business 06-10-19 06-15-19 5 days
Analyzing Business Industry and 06-16-19 06-21-19 5 days
its Environment
Gathering of data 06-22-19 07-04-19 12 days
Synthesizing Data for Marketing Plan 07-05-19 07-12-19 7 days
Working Financial Aspect & 07-13-19 07-20-19 7 days
Financial Analysis
Creating of Socio-Economic Organization and 07-21-19 08-05-19 15 days

Management Study
Revision of Feasibility Study 08-06-19 08-16-19 10 days
Securing Fund of the Business 08-17-19 09-11-19 25 days
Registration of Business and Compliance of 09-12-19 10-07-19 25 days
other Permits
Purchasing Grooming Tools, Equipment, 10-08-19 10-28-19 20 days
Supplies & Furniture and Fixtures
Acquiring Leasehold Improvements 10-29-19 11-20-19 22 days
Hiring of Employees 11-21-19 12-06-19 15 days
Advertising the Business 12-07-19 01-01-20 25 days
Preparation and Dry run for the Opening 01-02-20 01-08-20 6 days
Actual Operation 01-10-2020 - -
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PART 4
MARKET ASSESSMENT
A. Market Aspect
Marketing is a very important aspect in business since it contributes greatly to the
success contribution. It is the process of introducing and promoting the services into the
market. Since the goal of marketing is to make service widely known and recognize to
the market, marketers must be creative in their marketing activities. The Success of the
business depends how to the service introduce to the potential market.
1. The proposed services
The proposed services are a Dog’s Home Care, the strength of this services in the market
is expected to be mostly by a sustained interest of this services, and satisfying the needs of
customers through love of your dog’s and to commemorate such an experience. We will
propose this service like:
 Bathing & Drying
 Ear cleaning / Full body cleaning
 Nail clipping and Nail Art
 Tick and flea treatment
 Deep Conditioning along w/ bathing
 Hair cutting and Styling
 Basic Dog Training

2. Uses and Users of the services
The following uses of the services:
 Nothing is more satisfying than making a dog look clean and beautiful
 Can be as small or as large as you want or need
 Can be a shop where you offer bathes, nail clipping and polish, shampoos and styles
 Can offer photographing the pet while it is all fluffy and clean and you can also offer
specialty items for the hair, collar or clothing items
 People may lounge around if you have a small gift area and if you carry items like dog
cologne, dog note pads, and dog items of every kind
 Can also sell package deals for regular grooming to save money over time or for gifts
 Can offer gift cards, or even offer an on-call service on certain days where you go out
with a van equipped to wash and groom dogs
 Offer special rates to come to a dog grooming party where people invite others over to
get their dogs bathed and groomed and where food and drinks are provided on the lawn
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Demand and Supply Analysis
3. Demand
To determine the demand of the proposed business study of Dog’s Home Care in
Mangagoy, Bislig City, the researchers conducted marketing survey and concluded that the Dogs
Home Care is feasible because of profitability ratio. Since there is no statistical data recorded the
demand for Dogs Home Care services, we conduct a survey on 100 respondents who own the
dogs. Base in the survey, the result shows that 83% of the respondents said that they want to
avail the Dogs Home Care services in Mangagoy, Bislig City while only 17% of the respondents
said that they don’t want to have Dogs Home Care services in Mangagoy, Bislig City area. The
result implies that our services has big chance to be patronized by the consumers based on the
result because in Mangagoy,Bislig area is a growing progressing city.
Figure 1: Demand of Dogs Home Care
Demand of Services
17%
Like the service
Dislike the service
83%
There is a possibility that demand will increase for reasons, and some who want this service. The
demand might also decrease for reason like the competitors.
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Figure 2 shows the demand for projection for the next five years. There is an increase of 1%, 2%,
3%, 1% in the 2nd, 3rd, 4th, 5th years respectively.
Table 7: Services Offered
Minutes % Estimated
Services Offered Per Client per
Services Service
Grooming Package (Bath, Hair Trimming, Nail Trimming) 80mins 72%
Medicated Bath w/ Blow Dry 60mins 3%
Ear Cleaning & Teeth Brushing 45mins 6%
Dematting & Haircutting 75mins 8%
Pet Massage 40mins 1%
Pedicure 45mins 3%
Basic Dog Training 60mins 7%
Dog Walking Free
Service
*Based on Grooming Package service time
480 minutes per day /*80 minutes = 6 estimated capacity per groomer
6 capacity per groomer x 2 pet groomer = 12 estimated capacity per day
12 capacity per day x 24 working days = 288 estimated capacity per month
288 capacity per month x 83% based on survey = 239 estimated clients per month
239 clients x 12 months = 2,868 clients on the first year.
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Demand Projection for the Next Five Years
3,100
3,074
3,050 3,044
3,000
Number of Customers
2,950 2,955
Demand
2,900 2,897
2,868
2,850
2,800
2,750
2020 2021 2022 2023 2024
Years
Figure 2. Demand Projections for the Next Five Years
Since the projected graph has increasing trend for the next five years beginning 2020 up
to 2024, the group assumed that this projection is still subject to any changes.
4. Supply
The five-year projected supply is based on the demand projected considering the capacity
of the pet groomers. The business will hire additional fulltime or part-time pet groomer to
increase the capacity to meet its demand. The supply in the first year is 3,456 that will cater the
initial demand of 2,868 pets with allowance for the random prospected customers.
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Year 2020-2023
288 capacity per month x 12 months = 3,456 capacity per year
Year 2024-2026
324 capacity per month x 12 months = 3,888 capacity per year
Supply projection is illustrated in Figure 2.1.
Supply Projection for the Next 5 Years

4,000
3,900 3,888 3,888
3,800
Number of Customers
3,700
3,600 Supply
3,500
3,456 3,456 3,456
3,400
3,300
3,200
2020 2021 2022 2023 2024
Years
Figure 2.1 Supply Projection for the Next Five Year
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5. Projected Sales Volume
This Table represent the projected sales volume of the Dogs Home Care services monthly projection in 2020.
Table 8: Monthly Projection Sales Volume on 2020

Services Offered Service % January February March
Price Estimated Client Income Client Income Client Income
Client s s s
Grooming Package (Bath, Hair Trimming, Nail 450 72% 181 81,324.00 167 75,168.00 174 78,084.00
Trimming)
Medicated Bath w/ Blow Dry 280 3% 8 2,108.40 7 1,948.80 7 2,024.40
Ear Cleaning & Teeth Brushing 250 6% 15 3,765.00 14 3,480.00 14 3,615.00
Dematting & Haircutting 280 8% 20 5,622.40 19 5,196.80 19 5,398.40
Pet Massage 150 1% 3 376.50 2 348.00 2 361.50
Pedicure 180 3% 8 1,355.40 7 1,252.80 7 1,301.40
Basic Dog Training 350 7% 18 6,149.50 16 5,684.00 17 5,904.50
TOTAL 100% 251 100,701.20 232 93,078.40 241 96,689.20
Services Offered Servic % April May June
e Price Estimated Client Income Client Income Client Income
Client s s s
Trimming)
Pet Massage 150 1% 2 361.50 2 334.50 2 361.50
Pedicure 180 3% 7 1,301.40 7 1,204.20 7 1,301.40
TOTAL 100% 241 96,689.20 223 89,467.60 241 96,689.20
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Table 8.1: Monthly Projection Sales Volume on 2020
Services Offered Servic % July August September
e Price Estimated Client Income Client Income Client Income
Client s s s
Trimming)
Pet Massage 150 1% 3 376.50 2 361.50 2 361.50
Pedicure 180 3% 8 1,355.40 7 1,301.40 7 1,301.40
TOTAL 100% 251 100,701.20 241 96,689.20 241 96,689.20
Services Offered Service % October November December

Price Estimated Clients Income Clients Income Clients Income
Client
Trimming)
Pet Massage 150 1% 3 376.50 2 334.50 2 348.00
Pedicure 180 3% 8 1,355.40 7 1,204.20 7 1,252.80
TOTAL 100% 251 100,701.20 223 89,467.60 232 93,078.40
32
Services Offered Service % Estimated 2020 2021

Price Client Client Income Client Income
s s
Grooming Package (Bath, Hair Trimming, Nail 450 72% 2065 929,232.00 2086 938,628.00
Trimming)
Medicated Bath w/ Blow Dry 280 3% 86 24,091.20 87 24,334.80
Ear Cleaning & Teeth Brushing 250 6% 172 43,020.00 174 43,455.00
Dematting & Haircutting 280 8% 229 64,243.20 232 64,892.80
Pet Massage 150 1% 29 4,302.00 29 4,345.50
Pedicure 180 3% 86 15,487.20 87 15,643.80
Basic Dog Training 350 7% 201 70,266.00 203 70,976.50
TOTAL 100% 2868 1,150,641.60 2897 1,162,276.40
Table 9: Yearly Projection Sales Volume
Services Offered Service % Estimated 2022 2023

Price Client Clients Income Clients Income
Grooming Package (Bath, Hair Trimming, Nail 450 72% 2128 957,420.00 2192 986,256.00
Trimming)
Pet Massage 150 1% 30 4,432.50 30 4,566.00
Pedicure 180 3% 89 15,957.00 91 16,437.60
TOTAL 100% 2955 1,185,546.00 3044 1,221,252.80
Table 9.1: Yearly Projection Sales Volume
33
Services Offered Service Price % Estimated Client 2024
Clients Income
Grooming Package (Bath, Hair Trimming, Nail Trimming) 450 72% 2213 995,976.00
Medicated Bath w/ Blow Dry 280 3% 92 25,821.60
Ear Cleaning & Teeth Brushing 250 6% 184 46,110.00
Dematting & Haircutting 280 8% 246 68,857.60
Pet Massage 150 1% 31 4,611.00
Pedicure 180 3% 92 16,599.60
Basic Dog Training 350 7% 215 75,313.00
TOTAL 100% 3074 1,233,288.80
Table 9.2: Yearly Projection Sales Volume
34
6. Prices
The Dog’s Home Care services will consider factors in setting the price of the services
that we offered. Factors include the capital, products, materials and labor.
Below is the pricing scheme of the services:
Table 10: Service Price
Services Offered Service Price

Grooming Package (Bath, Hair Trimming, Nail 450
Trimming)
Medicated Bath w/ Blow Dry 280
Ear Cleaning & Teeth Brushing 250
Dematting & Haircutting 280
Pet Massage 150
Pedicure 180
Basic Dog Training 350
Dog Walking Free Service
7. Competitors
35
The threats of the business are strong because they are already existing Dogs Home
care but providing satisfaction to the customer according to their preferences at fair cost, it will
surely build loyalty and good promotion. Dog's Home Care has two competitors here at
Mangagoy, first is Chris Animal Day care Services, this one offers only one service as a haircut.
The pet house in these two services is medical service and hair cutting. But Dogs Home Care
offers unique services. This is why a Dogs Home Care was formed for caring for a dog, the
service being offered here. Of all the dog grooming classes and Dogs Home Care more than just
two confessions, it's worth the dog to teach.
8. Marketing strategies
A. Objectives
a. To promote in the Bislig City of this services
b. To develop brand loyalty among consumers
c. To handle the pet nice and easy
d. To promote a stress free environment
e. To make customers feel more valued
B. Target Market
36
Dogs Home Care is committed in providing good servicing to all the prospect
consumers. We will be accustomed them with best customer service in the market.
Aimed to mostly dog lovers who would like their dogs to experience with other dogs
and let the owners know that we care for their dogs with passion.
C. Proposed Promotional Activities
Dogs Home Care Services can be promoted by giving flyers, brochure, radio and TV
advertisement, by issuing pamphlets in newspaper, by giving ads in magazines
regarding our new business.
1. Facebook – creating a business page on Facebook will allow our clients to find us,
contact us, and communicate with us easily. Sharing photos of our clients, testimonials is
a good way to show case our services and encourage page likes and comments.
2. Twitter – this social media channel is even more casual than Facebook, as messages are
limited to 140 characters or less. We believe that Twitter is best used as a way to post
quick, brief updates about our dog grooming business, similar to our massaging on
Facebook. We can also reply directly to questions, provide information, and share photos
and videos to enhance our visitor’s experience.
3. Instagram – As a visual medium, our Instagram account is essentially a showcase of our
work as a dog groomer. With our clients’ permission, we will upload photos of various
furry clients (the more varied, the better!) to Instagram and encourage likes and follows.
37
This is an excellent way to show clients exactly what kind of services we offer and
reassure them that we’re an expert that they can trust their pet with.
Face Book Page
9. SWOT Analysis
Table 11: SWOT
STRENGTHS WEAKNES SES OPPORTUNITIES THREATS
Offer a high quality Lack of Exposure Increase demand for Competition from other
services creative services salons
Trained & motivated New to market place Growth through additional Increase cost on
staff staff business

Potential to franchise No reputation or presence Seasonality, weather
effects, heavy rain
38
PART 5
OPERATIONS & MANAGEMENT
A. Management Aspects
The Management Aspects is one of the important aspects in establishing a business. It has
a significant of ownership, financing decisions, organizational structure, personal
management, operational management and some management related phase to this study.
Includes a study of officers and key personnel, basic consideration in forming the
organization, form of ownership, organizational chart and project schedule. To determine the
option the option effectiveness of the organizational setup and qualifications of the individual
who will make up the organization.
39
The Company
The company of Dogs Home Care services is compose of different
person/employee which worked together for the success of the business.
Table 12: Personnel Employees
PERSONNEL EMPLOYEES JOB DESCRIPTION
 Combs, clips, trims, and shapes pets’

coats to groom pets, using knowledge
of canine characteristics and grooming
techniques and styles: Reads written or
2 Groomer receives oral instructions to determine
clipping pattern desired.
 Studies proportions of pets to
determine most appropriate cutting
pattern to achieve desired style.
 Clips pet’s hair according to
determined pattern, using electric
clippers, comb, and barber’s shears.
 Combs and shapes pet’s coat.
 Talks to pet or uses other techniques
calm animal
-Must be Professional and good handler of
1 Handler dogs
40
MISSION
Dogs Home Care will strive to provide high quality services and product to dog lovers. To
provide convenient, reliable and efficient service to pet owners to maintain and achieve their
pets’ best being.
VISION
To be established service leader in Dogs Home Care business with excellence and quality
Key to Success:
 Provide a competitive guarantee for our services
 Provide exceptional customer service
 Participate in design and pet industry communities
 Support pet associations that rescue, train and promote the humane treatment of animals
 Use profits for new services development
 Promote pet safety and health
The Company Logo
Our company logo symbolizes our company which is the “Dogs Home Care”. Where our
job is to take care of the dogs, give them love, and a place to live with. The service that we
offered will surely make or feel comfortable to them, both physical and emotional.
41
B. Management of the proposed study
The key to a long running business is a strong management by understanding the
financial and customer feedbacks about the services.
Table 12.1: Employees Qualifications
EMPLOYEES QUALIFICATIONS
42
Dog groomers maintain the physical appearance of
Groomer all varieties of canines. They usually begin their
careers by completing an apprenticeship program in
which they bathe, trim and style dog fur under the
supervision of an experienced groomer.
Handler Must be professional dog handler
Compensation
In return of one’s hard work performed has required and it is the total amount of the
monetary and non-monetary pay provided to an employee by an employer, it is a combination of
the value of your pay vacation, bonus, health insurance, and any other work you may receive.
These are the following list of monthly and the corresponding benefits of the employees of the
Dogs Home Care business. The employees will be compensated through monthly basis.
43
Table 12.3: Employees Qualifications
No. of Personnel Employees Salary
2 Groomer Php 20,000.00 php
1 Handler Php 8, 000.00 php
Total: 3 Php 28,000.00
PART 6
FINANCIAL ANALYSIS
Financial Aspects
44
Finance is a business function that uses numbers and analytical tools to help managers
make better decisions. Every business owner must learn at least basic finance principles to
effectively run his company. Finance helps management gain a clear understanding of the
company’s current financial position, particularly whether the business is profitable or not.
Companies of all sizes benefit from thorough financial planning to guide the business steadily
down the path to future grow.
Assumptions
1. The Dog’s Home Care business will start it operations on the 10 th of January
2020.
2. There will be six working days from Monday through Saturday.
3. The business will be registered as a general co- partnership.
4. The initial capital is Php 600,000. Partners will contribute an equal amount of
P100, 000.
Balance Sheet:
1. All assets purchased are paid in cash.
2. The company’s equipment, furniture and fixtures and leasehold improvement are
depreciated using the straight line method.
3. Utilities for the current month are paid on the next month.
Income Statement:
1. The behavior of the number of members for the next five years is based on the
demand of the marketing aspect of this study.
45
2. The salaries of the staff will be paid at the end of the month.
Licenses and fees are based on the requirements of the government
A. Total Project Cost
I. Initial Fixed Investment Costs
Table 13: Project Cost
Description Cost
Machinery Equipment Php130,000.00
Furniture And Fixtures Php50,000.00
Leasehold Improvements Php50,000.00
Total Php 230,000.00
II. Pre-operating Expenditures
Licenses and Fees P 20,000. 00
B. Initial Working Capital Requirements
Working Capital Policy
46
Each partner will contribute an equal amount of one hundred thousand pesos
only (P100, 000) which will accumulate to six thousand pesos only (P600, 000). Dog’s
Home Care will surely rely on partner’s contribution as their initial cash balance. This
will be used to cover the related costs necessary in putting up a business. The income
earned from its continuous operation will increase the investment other business and then
be used to pay for the related expenses such as rental fee, operational expenses and
others. In addition, this will also be used to further finance the business.
Cash and Marketable Securities
The partners will initially invest their cash distributions to the partnership for the
beginning of its operations. There will be cash outflows for the purchase of materials,
payment of labor and other overhead expenses in order to start up the business. There will
be cash inflows representing the sales from customers which will be kept on hand for one
week and subsequently deposited to the entity’s bank account. Checks issued for
payments of payables and petty cash funds will be chronologically recorded by the staff
assigned and will be audited by the manager at the end of the month. The cash that will
be accumulated within the first five years of operations may be invested in marketable
securities by partnership.
Inventory Management
The inventories that will be kept by Dog’s Home Care are office supplies and
those materials needed for the operation of the customized services. Office supplies are
directly expensed when it is used. On the other hand, the inventories for the customized
47
products are treated as Raw Materials. Therefore, it is assumed that same level of
inventory is maintained every month.
Credit Policy and Receivable Management
Dog’s Home Care is on a cash-to-cash basis, there will be no receivables that will
be kept and recorded. Sales are made from mainly tourists and other walk-in customers
who will be paying in cash.
C. Alternative Source of Financing
There are no alternative sources of financing since the initial capital is sufficient to
cover the investment costs and other expenses needed for the operations of Dog’s Home
Care.
D. Sources of Financing
The source of financing the project will come from the partner’s individual capital
contribution that is stated in the articles of the partnership which is P100, 000.00 that is
derived from each partner and will also depend on the profits earned. The business will
no longer have an alternative source of financing in the long run since the capital is
48
sufficient to cover the investment costs and other expenses needed for the improvement.
For the profit and loss sharing policy of the business, it will be shared equally by the
partners. Each partner is allowed to withdraw the maximum of P 10,000 every year.
Chart of Accounts
ASSETS LIABLITIES
Current Assets Current Liabilities
Cash Accrued Expenses
Prapaid Rent SSS Contribution Payable
Office Supplies Witholding Tax Payable
Grooming Supplies PhilHealth Contribution Payable
Pag-ibig Contribution Payable
Non-Current Assets Salaries Payable
49
Furniture and Fixtures
Machinery and Equipment Partner’s Equity
Grooming Equipment Balmori, Capital
Leasehold Improvements Campos, Capital
Accumulated Depreciation – Furniture and Fixtures Dereal, Capital
Accumulated Depreciation – Machinery and Equment Lesiguez, Capital
Accumulated Depreciation – Leasehold Improve Mamilic, Capital
Mesias, Capital
Balmori, Drawing
Campos, Drawing
Dereal, Drawing
Lesiguez, Drawing
Mamilic, Drawing
Mesias, Drawing
Nominal Accounts Revenue Account

Expense Account Income Account
SSS Contribution Expense
PhilHealth Contribution Expense
Pag-ibig Contribution Expense
Salaries Expense
Rent Expense
Depreciation
Utilities Expense
Insurance Expense
Advertising Expense
Tax and License
Office Supplies Expense
Other expense
13th Month Pay
Christmas Bonus
Nature of Accounts
Balance Sheet
1. Cash
50
It is the standard medium of exchange in business transactions. It refers to the
Currency and coins which are in circulation and legal tender.
2. Office Supplies Inventory
It refers to the materials like papers, pens and the like that are used for administrative
Purposes.
3. Prepaid Rent
It is a rent paid prior to the rental period. The company only lease its place and it pays a
one year advance for its rent.
4. Furniture and Fixtures
It refers to movable properties that have no permanent connection to the structure of the
building or utilities.
5. Office Equipment
It is long-term asset account reported on the balance sheet.
6. Leasehold Improvements
It refers to the alterations made to rental premises in order to customize it for the specific
needs of the business. It includes painting, installing, changing the flooring and etc.
7. Income Tax Payable
It is a comprised of taxes that must be paid to the government. It is 30% of the net income
before tax.
8. Withholding Tax Payable
51
It is income tax withheld from employees’ wages and paid directly to the government by
the employer. It also includes final withholding taxes of rent and partner’s share on
equity.
9. Percentage Tax Payable
Since the business is non-vatable, it is subject to other percentage tax which is 3%
of the gross receipts. Other percentage tax for the month is to be remitted the next month.
10. SSS Contribution Payable
The company withholds its employers and employees monthly Social Security
System contributions to the SSS office. The computation of how much is due is based on
the SSS contribution table provided by the government.
11. PhilHealth Contribution Payable
The company withholds its employer’s and employee’s monthly PhilHealth
premium to the PhilHealth Office. The computation of how much is due is based on the
latest PhilHealth Premium Contribution Table provided by the government.
12. Pag-IBIG Contribution Payable
The company withholds its employers and employees monthly Pag-IBIG
contributions to the Pag-IBIG Office.
13. Partner’s Capital
This account is used to record the original and additional investments of the
52
Partners in the business. This is increased by the amount of profit earned during the year
and is divided equally to the partners. On the other hand, it is decreased when a
partnership incurs a loss and is similarly divided equally to the partners.
Income Statement
1. Service Income
It reports the fees earned by the business during the time period indicated in the heading
of the income statement.
2. Utilities Expense
This account reports the cost of electricity, water, telephone and internet used for the
period.
3. Accrued Expenses
It is current liability and includes expenses recognized in the books before they are paid
for. It covers the utilities expenses.
4. Rent Expense
It refers to the cost of occupying space whether or not the rent is paid within the perion.
5. Salaries Expense
It reports the salaries that employees have earned during the period. Depending on the
function performed by the employee, it could be classified as an administrative or as a
selling or direct expense.
6. SSS Contributions
53
It covers the employers of the SSS contribution.
7. PhilHealth Contributions
It covers the employer’s share of the PhilHealth contribution.
8. Pag-IBIG Contributions
It covers the employer’s share of the Pag-IBIG contribution.
9. Office Supplies Expense
It refers to the amount of supplies used during the specified time interval
10. Advertising Expense
It reports the cost of advertising the service.
11. Insurance Expense
The amount of insurance that is incurred during the period.
12. Taxes and Licenses
This includes the percentage tax paid during the period and other fees required the
government.
13. 13th Month Pay
This is a benefit given to the percentage which is equal to a month’s salary and paid twice
a year.
14. Other Expenses
Expenses that do not to a company’s main business.
54
Pro Forma Financial Statement
55
Notes to Financial Statements
Note 1 – Company Information
Dogs Home Care is a registered general co-partnership entity under the jurisdiction of
the Republic of the Philippines established to provide grooming services to the pets and help
those fur parents of Mangagoy and near in Gaisano Capital. The address of the business is at
Purok 3, Saint Paul, Andres Soriano Ave., Mangagoy, Bislig City, Surigao del Sur.
Note 2 – Summary of Significant Accounting Policies
Compliance with PFRS
The business adopted significant accounting policies which are in accordance with the
Philippine Financial Reporting Standards and is applied on a consistent basis.
Basis of Accounting
The financial statements are prepared on historical cost basis. All values in the financial
statements are rounded to the nearest peso.
Note 3 – Cash
The “cash” includes items that are unrestricted in use such as petty cash fund and cash in
bank. A petty cash fund amount of Php 20,000.00 shall be maintained every month and the
remaining cash is to be deposited in the bank.
56
Note 4 - Office Supplies
2020 2021 2022 2023 2024

Beg. Balance ₱ - ₱ 1,706.50 ₱ 3,693.25 ₱ 5,479.39 ₱ 7,289.23
Add: Purchases ₱ 11,066.85 ₱ 11,534.31 ₱ 11,524.65 ₱ 11,743.11 ₱ 11,511.75
Total ₱ 11,066.85 ₱ 13,240.81 ₱ 15,217.90 ₱ 17,222.50 ₱ 18,800.98
Less: Supplies Used ₱ 9,360.35 ₱ 9,547.56 ₱ 9,738.51 ₱ 9,933.28 ₱ 10,131.94
Ending Supplies ₱ 1,706.50 ₱ 3,693.25 ₱ 5,479.39 ₱ 7,289.23 ₱ 8,669.03
Note 5 - Grooming Supplies

Grooming Supplies
2020 2021 2022 2023 2024
Beg. ₱ - ₱ 6,273.85 ₱ 9,410.77 ₱ 11,811.14 ₱ 13,452.24
Add: Purchases ₱ 81,560.00 ₱ 79,928.80 ₱ 80,728.09 ₱ 81,535.37 ₱ 79,089.31
Total ₱ 81,560.00 ₱ 86,202.65 ₱ 90,138.86 ₱ 93,346.51 ₱ ,541.55
Less: Grooming Tools Used ₱ 75,286.15 ₱ 76,791.88 ₱ 78,327.71 ₱ 79,894.27 ₱ 81,492.15
₱
Ending Inventory ₱ 6,273.85 ₱ 9,410.77 ₱ 11,811.14 ₱ 13,452.24
11,049.40
Grooming Tools
2020 2021 2022 2023 2024
Beg. Balance ₱ - ₱ 4,320.26 ₱ 7,042.02 ₱ 9,262.20 ₱ 10,965.21
Add: Purchases ₱ 56,163.36 ₱ 55,601.73 ₱ 56,157.74 ₱ 56,719.32 ₱ 55,017.74
Total ₱ 56,163.36 ₱ 59,921.98 ₱ 63,199.76 ₱ 65,981.52 ₱ 65,982.95
Less: Supplies Used ₱ 51,843.10 ₱ 52,879.96 ₱ 53,937.56 ₱ 55,016.31 ₱ 56,116.64
Ending Inventory ₱ 4,320.26 ₱ 7,042.02 ₱ 9,262.20 ₱ 10,965.21 ₱ 9,866.31
TOTAL ₱ 10,594.10 ₱ 16,452.79 ₱ 21,073.34 ₱ 24,417.45 ₱ 20,915.71
57
Note 4: Office Supplies
2020 2021 2022 2023 2024
Beg. Balance ₱ - ₱ 629.75 ₱1,272.10 ₱1,724.51 ₱ 1,983.17
Add: Purchases ₱9,990.10 ₱ 10,189.90 ₱ 10,190.92 ₱ 10,191.94 ₱ 10,192.96
Total ₱ 9,990.10 ₱ 10,819.65 ₱ 11,463.02 ₱ 11,916.45 ₱ 12,176.13
Less: Supplies Used 9360.35 ₱9,547.56 ₱9,738.51 ₱9,933.28 ₱10,131.94
Ending Supplies ₱ 629.75 ₱ 1,272.10 ₱ 1,724.51 ₱ 1,983.17 ₱ 2,044.19

Note 5: Grooming Tools
2020 2021 2022 2023 2024
Beg. Balance 0 4,320.26 9,574.70 10,742.81 12,053.44
Add: Purchases 56,163.36 57,286.63 118,170.94 132,587.79 148,763.50
Total 56,163.36 61,606.89 127,745.64 143,330.60 160,816.94
Less: Supplies Used ₱51,843 ₱52,879.96 ₱53,937.56 ₱55,016.31 ₱56,116.64
Ending Inventory 4,320.26 9,574.70 10,742.81 12,053.44 13,523.95
Grooming Supplies
2020 2021 2022 2023 2024
Beg. 0 9,360.56 9,734.98 9,929.68 10,128.28
Add: Purchases 81,560.00 83,191.20 84,855.02 86,552.12 88,283.17
Total 81,560.00 92,551.76 94,590.01 96,481.81 98,411.44
Less: Grooming Tools Used 75,286.15 76,791.88 78,327.71 79,894.27 81,492.15
Ending Inventory 9,360.56 9,734.98 9,929.68 10,128.28 10,330.84
58
Note 6 - Non-Current Assets
2020 2021 2022 2023 2024
Furniture and Fixtures ₱ 20,252.50 ₱ 16,202.00 ₱ 12,151.50 ₱ 8,101.00 ₱ 4,050.50

Grooming Equipment ₱ 58,709.10 ₱ 46,967.28 ₱ 35,225.46 ₱ 23,483.64 ₱ 11,741.82
Machinery & Office Equipment ₱ 66,017.70 ₱ 58,682.40 ₱ 51,347.10 ₱ 44,011.80 ₱ 36,676.50
Leasehold Improvement ₱ 74,666.67 ₱ 69,333.33 ₱ 64,000.00 ₱ 58,666.67 ₱ 53,333.33
Total ₱ 219,645.97 ₱ 191,185.01 ₱ 162,724.06 ₱ 134,263.11 ₱ 105,802.15
Accumulated Depreciation -Furniture and Fixtures ₱ 4,050.50 ₱ 8,101.00 ₱ 12,151.50 ₱ 16,202.00 ₱ 20,252.50
Accumulated Depreciation -Grooming Equipment ₱ 11,741.82 ₱ 23,483.64 ₱ 35,225.46 ₱ 46,967.28 ₱ 58,709.10
Accumulated Depreciation -Machinery & Office
Equipment ₱ 7,335.30 ₱ 14,670.60 ₱ 22,005.90 ₱ 29,341.20 ₱ 36,676.50
Accumulated Depreciation -Leasehold Improvement ₱ 5,333.33 ₱ 10,666.67 ₱ 16,000.00 ₱ 21,333.33 ₱ 26,666.67
Total Non-current Assets, Net ₱ 219,645.97 ₱ 191,185.01 ₱ 162,724.06 ₱ 134,263.11 ₱ 105,802.15
Note7- Accrued Expenses
2020 2021 2022 2023 2024

Electricity ₱ 5,617.90 ₱ 5,730.26 ₱ 5,844.87 ₱ 5,961.76 ₱ 6,081.00
Internet ₱ 1,299.00 ₱ 1,324.98 ₱ 1,351.48 ₱ 1,378.51 ₱ 1,406.08
Salaries ₱ 28,000.00 ₱ 28,000.00 ₱ 28,000.00 ₱ 32,000.00 ₱ 32,000.00
Total ₱ 34,916.90 ₱ 35,055.24 ₱ 35,196.35 ₱ 39,340.27 ₱ 39,487.08
59
Note 7: Accrued Expense
2020 2021 2022 2023 2024
Electricity ₱ 5,617.90 ₱ 5,730.26 ₱ 5,844.87 ₱ 5,961.76 ₱ 6,081.00
Internet ₱ 1,299.00 ₱ 1,324.98 ₱ 1,351.48 ₱ 1,378.51 ₱ 1,406.08
Salaries ₱ 28,000.00 ₱ 28,000.00 ₱ 28,000.00 ₱ 32,000.00 ₱ 32,000.00
Total ₱ 34,916.90 ₱ 35,055.24 ₱ 35,196.35 ₱ 39,340.27 ₱ 39,487.08

Note 10: Rent Expense
2020 2021 2022 2023 2024
Monthly Rent ₱ 15,000.00 ₱ 15,300.00 ₱ 15,606.00 ₱ 15,918.12 ₱ 16,236.48
No. of Months ₱ 12.00 ₱ 12.00 ₱ 12.00 ₱ 12.00 ₱ 12.00
Annual Rent ₱ 180,000.00 ₱ 183,600.00 ₱ 187,272.00 ₱ 191,017.44 ₱ 194,837.79
60
Note8-Withholding Tax Payable
2020 2021 2022 2023 2024

₱ ₱ ₱ ₱ ₱
Partners Share on Equity 15,153.79 13,840.43 14,618.96 15,356.68 15,408.80
₱ ₱ ₱ ₱ ₱
Total 15,153.79 13,840.43 14,618.96 15,356.68 15,408.80
Note9-Revenues
Service % Estimated 2020 2021

Services Offered
Price Client Clients Income Clients Income
Grooming Package (Bath, Hair Trimming, Nail Trimming) 450 72% 2065 929,232.00 2086 938,628.00
Pet Massage 150 1%
29 4,302.00 29 4,345.50
Pedicure 180 3% 86 15,487.20 87 15,643.80
TOTAL 100% 2868 1,150,641.60 2897 1,162,276.40
61
Note9-Revenues
Service 2022
Services Offered % Estimated Client
Price Clients Income
Grooming Package (Bath, Hair Trimming, Nail Trimming) 450 72% 2128 957,420.00
Medicated Bath w/ Blow Dry 280 3% 89 24,822.00
Ear Cleaning & Teeth Brushing 250 6% 177 44,325.00
Dematting & Haircutting 280 8% 236 66,192.00
Pet Massage 150 1% 30 4,432.50
Pedicure 180 3% 89 15,957.00
Basic Dog Training 350 7% 207 72,397.50
TOTAL 100% 2955 1,185,546.00
62
% 2023 2024
Service
Services Offered Estimated
Price
Client Clients Income Clients Income
Grooming Package (Bath, Hair Trimming, Nail Trimming) 450 72% 2192 1,084,881.60 2213 1,095,573.60
Pet Massage 150 1% 30 5,022.60 31 5,072.10
Pedicure 180 3% 91 17,807.40 92 17,982.90
TOTAL 100% 3044 1,297,809.40 3074 1,310,599.90
Note 10- Rent Expense
The rent Expense Will increase by 2% Yearly as stated in the terms and conditions of the lease contract.
Cost Incurred In: 2020 2021 2022 2023 2024

Monthly Rent ₱ 15,000.00 ₱ 15,300.00 ₱ 15,606.00 ₱ 15,918.12 ₱ 16,236.48
No. of Months 12 12 12 12 12
Annual Rent ₱ 180,000.00 ₱ 183,600.00 ₱ 187,272.00 ₱ 191,017.44 ₱ 194,837.79
63
Note 11-Utilities Expense
The Utilities Expense will increase by 2% per year.
Utilities 2020 2021 2022 2023 2024

₱ ₱ ₱ ₱
Electricity ₱ 67,369.20 68,716.58 70,090.92 71,492.73 72,922.59
₱ ₱ ₱ ₱ ₱
Telephone and Internet 15,588.00 15,588.00 15,588.00 15,588.00 15,588.00
₱ ₱ ₱ ₱ ₱
Total 82,957.20 84,304.58 85,678.92 87,080.73 88,510.59
Note12-Payroll Sheet
64
Assembly Employee's Share Employer's Share
2020 No.of Worker Monthly Rate Gross Salary Pag-Ibig SSS PhilHealth Net Pay Pag-ibig SSS PhilHealth
Groomer 2 10000 240000 4800 9600 3288 222312 4800 19200 3300
Handler 1 8000 96000 1920 3840 1644 88.596 1920 7680 1650
Total 3 18000 336000 6720 13440 4932 222400.6 6720 26880 4950
Groomer 2 10000 240000 4800 9600 3288 222312 4800 19200 3300
Handler 1 8000 96000 1920 3840 1644 88.596 1920 7680 1650
Total 3 18000 336000 6720 13440 4932 222400.6 6720 26880 4950
Groomer 2 10000 240000 4800 9600 3288 222312 4800 19200 3300
Handler 1 8000 96000 1920 3840 1644 88.596 1920 7680 1650
Total 3 18000 336000 6720 13440 4932 222400.6 6720 26880 4950
Groomer 2 12000 288000 5760 11520 3960 266.76 5760 23040 3960
Handler 1 8000 120000 2400 4800 1664 111136 2400 9600 1650
Total 3 20000 408000 8160 16320 5624 111402.8 8160 32640 5610
Groomer 2 12000 288000 5760 11520 3960 266.76 5760 23040 3960
Handler 1 8000 120000 2400 4800 1664 111136 2400 9600 1650
Total 3 20000 408000 8160 16320 5624 111402.8 8160 32640 5610
Note13 -Office Supplies Expense
65

SUPPLIES ₱ 2,020.00 ₱ 2,021.00 ₱ 2,022.00 ₱ 2,023.00 ₱ 2,024.00
Log Book ₱ 233.25 ₱ 237.92 ₱ 242.67 ₱ 247.53 ₱ 252.48
Ball pen ₱ 104.00 ₱ 106.08 ₱ 108.20 ₱ 110.37 ₱ 112.57
Staple ₱ 200.00 ₱ 204.00 ₱ 208.08 ₱ 212.24 ₱ 216.49
Staple Wire ₱ 432.00 ₱ 440.64 ₱ 449.45 ₱ 458.44 ₱ 467.61
Memo Pad ₱ 299.40 ₱ 305.39 ₱ 311.50 ₱ 317.73 ₱ 324.08
Trash can ₱ 1,259.50 ₱ 1,284.69 ₱ 1,310.38 ₱ 1,336.59 ₱ 1,363.32
Tornado mop ₱ 699.00 ₱ 712.98 ₱ 727.24 ₱ 741.78 ₱ 756.62
Broom ₱ 240.00 ₱ 244.80 ₱ 249.70 ₱ 254.69 ₱ 259.78
Dust pan ₱ 120.00 ₱ 122.40 ₱ 124.85 ₱ 127.34 ₱ 129.89
Bond Paper (short) ₱ 1,450.00 ₱ 1,479.00 ₱ 1,508.58 ₱ 1,538.75 ₱ 1,569.53
Envelope (short) ₱ 1,200.00 ₱ 1,224.00 ₱ 1,248.48 ₱ 1,273.45 ₱ 1,298.92
Scotch Tape ₱ 708.00 ₱ 722.16 ₱ 736.60 ₱ 751.34 ₱ 766.36
Pencil ₱ 138.00 ₱ 140.76 ₱ 143.58 ₱ 146.45 ₱ 149.38
Cork Board ₱ 470.00 ₱ 479.40 ₱ 488.99 ₱ 498.77 ₱ 508.74
Push u pins ₱ 237.60 ₱ 242.35 ₱ 247.20 ₱ 252.14 ₱ 257.19
Paper Clips ₱ 285.60 ₱ 291.31 ₱ 297.14 ₱ 303.08 ₱ 309.14
Puncher ₱ 165.00 ₱ 168.30 ₱ 171.67 ₱ 175.10 ₱ 178.60
Fastener ₱ 420.00 ₱ 428.40 ₱ 436.97 ₱ 445.71 ₱ 454.62
Folder ₱ 600.00 ₱ 612.00 ₱ 624.24 ₱ 636.72 ₱ 649.46
Scissors ₱ 99.00 ₱ 100.98 ₱ 103.00 ₱ 105.06 ₱ 107.16
TOTAL ₱ 9,360.35 ₱ 9,547.56 ₱ 9,738.51 ₱ 9,933.28 ₱ 10,131.94
66
Note14- Grooming Supplies Expenses
ANNUALLY 2020 2021 2022 2023 2024

Dog Shampoo Set ₱21,785 ₱22,220.31 ₱22,664.71 ₱23,118.01 ₱23,580.37
Catidea Foaming Waterless Deodorizing
Shampoo ₱18,092 ₱18,454.15 ₱18,823.24 ₱19,199.70 ₱19,583.70
Drying Towel ₱9,028 ₱9,208.25 ₱9,392.41 ₱9,580.26 ₱9,771.86
Hartz Ear Cleaner 4oz ₱5,598 ₱5,709.49 ₱5,823.68 ₱5,940.15 ₱6,058.96
Styptic Powder ₱1,529 ₱1,559.19 ₱1,590.37 ₱1,622.18 ₱1,654.62
True Touch Gloves ₱3,249 ₱3,314.22 ₱3,380.50 ₱3,448.11 ₱3,517.07
SURE-GUARD 50 pcs. Disposable Face Mask
₱4,357 ₱4,444.06 ₱4,532.94 ₱4,623.60 ₱4,716.07
Pet Adjustable Mask Bark Bite Mesh Mouth
Muzzle Grooming ₱3,397 ₱3,464.86 ₱3,534.16 ₱3,604.84 ₱3,676.94
200pcs Cotton Buds Ears Clean Tool ₱8,252 ₱8,417.35 ₱8,585.70 ₱8,757.41 ₱8,932.56
TOTAL ₱75,286 ₱76,791.88 ₱78,327.71 ₱79,894.27 ₱81,492.15
67
Grooming Tools
ANNUALLY 2020 2021 2022 2023 2024

Pet Grooming Hair Thinning Shear, Straight,
Curved Cutting Tool Set ₱7,912 ₱8,070.24 ₱8,231.64 ₱8,396.28 ₱8,564.20
Pin Brush ₱928 ₱946.56 ₱965.49 ₱984.80 ₱1,004.50
Medium Soft Slicker Brush ₱1,352 ₱1,379.04 ₱1,406.62 ₱1,434.75 ₱1,463.45
Rubber Curry ₱1,256 ₱1,281.12 ₱1,306.74 ₱1,332.88 ₱1,359.53
Fur Rake ₱448 ₱456.96 ₱466.10 ₱475.42 ₱484.93
Nail Clipper ₱960 ₱979.20 ₱998.78 ₱1,018.76 ₱1,039.13
Nail Scissor ₱1,080 ₱1,101.60 ₱1,123.63 ₱1,146.10 ₱1,169.03
Hemostat Curved ₱1,112 ₱1,134.24 ₱1,156.92 ₱1,180.06 ₱1,203.66
Dematting Tool ₱936 ₱954.72 ₱973.81 ₱993.29 ₱1,013.16
KM Animal Clipper Set ₱10,800 ₱11,016.00 ₱11,236.32 ₱11,461.05 ₱11,690.27
Blunt Tipped Shear ₱3,040 ₱3,100.80 ₱3,162.82 ₱3,226.07 ₱3,290.59
Flea Comb ₱1,992 ₱2,031.84 ₱2,072.48 ₱2,113.93 ₱2,156.20
Shedding Blade ₱3,698 ₱3,772.20 ₱3,847.65 ₱3,924.60 ₱4,003.09
Ear Cleaning Set Ear Wax Remover ₱1,928 ₱1,966.56 ₱2,005.89 ₱2,046.01 ₱2,086.93
TOTAL ₱51,843 ₱52,879.96 ₱53,937.56 ₱55,016.31 ₱56,116.64
TOTAL ₱127,129 ₱129,672 ₱132,265 ₱134,911 ₱137,609
68
Note 15-Repairs and Maintenance
ANNUALLY 2020 2021 2022 2023 2024
Furniture and Fixtures ₱ 486.06 ₱ 972.12 ₱ 1,458.18 ₱ 1,944.24 ₱ 2,430.30
Grooming Equipment ₱ 1,409.02 ₱ 2,818.04 ₱ 4,227.06 ₱ 5,636.07 ₱ 7,045.09
Machinery & Office Equipment ₱ 1,467.06 ₱ 2,934.12 ₱ 4,401.18 ₱ 5,868.24 ₱ 7,335.30
Tota
l TOTAL ₱ 3,362.14 ₱ 6,724.28 ₱ 10,086.42 ₱ 13,448.55 ₱ 16,810.69
Note16-Depreciation Expense
ANNUALLY 2020 2021 2022 2023 2024

Accumulated Depreciation -Furniture and Fixtures ₱ 4,050.50 ₱ 4,050.50 ₱ 4,050.50 ₱ 4,050.50 ₱ 4,050.50
Accumulated Depreciation -Grooming Equipment ₱ 11,741.82 ₱ 11,741.82 ₱ 11,741.82 ₱ 11,741.82 ₱ 11,741.82
Accumulated Depreciation -Machinery & Office Equipment ₱ 7,335.30 ₱ 7,335.30 ₱ 7,335.30 ₱ 7,335.30 ₱ 7,335.30
Accumulated Depreciation -Leasehold Improvement ₱ 5,333.33 ₱ 5,333.33 ₱ 5,333.33 ₱ 5,333.33 ₱ 5,333.33
Total ₱ 28,460.95 ₱ 28,460.95 ₱ 28,460.95 ₱ 28,460.95 ₱ 28,460.95
69
Note17-Taxes and Licenses
2020 2021 2022 2023 2024
Articles of Partnership ₱ 2,000.00
Licensing fee ₱ 2,000.00
SEC Verification ₱ 75.00
Legal Research Fee ₱ 20.00
SEC Extension Office Handling Fee ₱ 50.00
Notarization ₱ 1,200.00
BIR Registration Fee ₱ 500.00
Printing And Official Receipt ₱ 1,000.00
Documentary Stamps ₱ 30.00
Community Tax ₱ 982.00 ₱ 1,001.64 ₱ 1,021.67 ₱ 1,042.11 ₱ 1,062.95
Mayors Permit ₱ 200.00
Garbage Fee ₱ 200.00 ₱ 204.00 ₱ 208.08 ₱ 212.24 ₱ 216.49
Barangay Clearance ₱ 100.00
Other Percentage Tax ₱ 34,519.25 ₱ 34,868.29 ₱ 35,566.38 ₱ 38,934.28 ₱ 39,318.00
Total ₱ 42,876.25 ₱ 36,073.93 ₱ 36,796.13 ₱ 40,188.63 ₱ 40,597.43
70
Note18-13th Month Pay
StaffLoad No.Of Workers Salaries Per Month Total

Groomer 2 10,000.00 20,000.00
2020 Handler 1 8,000.00 8,000.00
Total 13th Month Pay 28,000.00

Groomer 2 10000.00 20000.00
2021 Handler 1 8000.00 8000.00
Total 13th Month Pay 28000.00

Groomer 2 10,000.00 20,000.00
2022 Handler 1 8,000.00 8,000.00

Groomer 2 12,000.00 24,000.00
2023 Handler 1 10,000.00 10,000.00

Groomer 2 12,000.00 24,000.00
2024 Attendant 1 10,000.00 10,000.00
34,000.00
71
G. Financial Analysis
Ratio Analysis
A. Current Ratio
Current ratio is most widely used to test the liquidity of a business and measures the ability
of a business to repay its debts over the period of next 12 months.
2020 2021 2022 2023 2024

Current Assets ₱ 671,576.42 ₱ 698,146.64 ₱ 743,132.54 ₱ 742,287.46 ₱ 730,233.62
÷ Current Liabilities ₱ 154,838.27 ₱ 148,383.62 ₱ 153,337.89 ₱ 165,821.74 ₱ 166,627.76
Current Ratio 4.34 4.71 4.85 4.48 4.38
Current Ratio
4.9
4.8
4.7
4.6
4.5
4.4
4.3
4.2
4.1
4
2020 2021 2022 2023 2024
Analysis:
Dogs Home Care Paws Salon shows a decreasing current ratio in its five years of operation.
The company’s current assets are enough to settle its current liabilities although its current ratio
is decreasing.
72
B. Working Capital
Working capital provides assurance to short-term creditors that they will be paid by the
company. This is derived by deducting current liabilities from the current assets of the company.
2020 2021 2022 2023 2024

Current Assets ₱ 671,576.42 ₱ 698,146.64 ₱ 743,132.54 ₱ 742,287.46 ₱ 730,233.62
- Current Liabilities ₱ 154,838.27 ₱ 148,383.62 ₱ 153,337.89 ₱ 165,821.74 ₱ 166,627.76
Working Capital ₱ 516,738.16 ₱ 549,763.02 ₱ 589,794.65 ₱ 576,465.71 ₱ 563,605.86
Working Capital
600,000.00
580,000.00
560,000.00
540,000.00
520,000.00
500,000.00
480,000.00
2020 2021 2022 2023 2024
Analysis:
73
Dogs Homes Care Paws Salon’s working capital shows a decreasing behavior throughout
its five-year operations. This is due to the withdrawals made by the partners. The company has
enough capital to run day to day operations. It shows the company’s liquidity which is able to
pay its short-term obligations and still have current assets leftover.
C. Debt Ratio
Debt ratio is defined as the ratio of total debt to total assets, expressed in percentage, and can
be interpreted as the proportion of a company’s assets that are financed by debt.
2020 2021 2022 2023 2024

Total Liabilities ₱ 891,222.39 ₱ 889,331.65 ₱ 905,856.60 ₱ 876,550.56 ₱ 836,035.77
÷ Total Assets ₱ 891,222.39 ₱ 889,331.65 ₱ 905,856.60 ₱ 876,550.56 ₱ 836,035.77
Debt Ratio 1.00 1.00 1.00 1.00 1.00
Debt Ratio
1
0.9
0.8
0.7
0.6
0.5
0.4
0.3
0.2
0.1
0
2020 2021 2022 2023 2024
74
Analysis:
Dog’s Home Care debt ratio is increasing in its five year operations. This is due to the
decreasing fixed assets which comprises the increase in net income. Still, the debt ratio is
favorable because it has a small percentage. Also, the company does not maintain an account
payable since it is a cash to cash basis.
D. Asset Turnover Ratio
Asset turnover ratio is an indicator of the efficiency in which a company is deploying its assets.
2020 2021 2022 2023 2024

Revenue ₱ 1,150,641.60 ₱ 1,162,276.40 ₱ 1,185,546.00 ₱ 1,297,809.40 ₱ 1,310,599.90
÷ Total Assets ₱ 891,222.39 ₱ 889,331.65 ₱ 905,856.60 ₱ 876,550.56 ₱ 836,035.77
Asset Turnover 1.29 1.31 1.31 1.48 1.57
Asset Turnover Ratio
1.6
1.4
1.2
0.8
0.6
0.4
0.2
0
2020 2021 2022 2023 2024
75
Analysis:
The asset turnover ratio of Dog’s Home Care is increasing in its five-year operations.
This means that the assets are utilized properly to produce more revenues for the company which
also increases for five years.
E. Return on Total Assets
The Return on Total Assets is considered an indicator of how effectively a company is
using its assets to generate earnings before contractual obligations must be paid.
2020 2021 2022 2023 2024

Net Income ₱ 151,537.91 ₱ 138,404.34 ₱ 146,189.64 ₱ 153,566.79 ₱ 154,088.00
÷ Average Total ₱ 891,222.39 ₱ 889,331.65 ₱ 905,856.60 ₱ 876,550.56 ₱ 836,035.77
Assets
Return on Total 0.17 0.16 0.16 0.18 0.18
Assets
Return on Total Assets
0.18
0.18
0.17
0.17
0.16
0.16
0.15
2020 2021 2022 2023 2024
76
Analysis:
Dog’s Home Care return on total assets is increasing. This shows that the company is
performing well in using its assets to produce more income.
F. Return on Equity
The Return on Equity measures the rate of on the investments of the partners.
2020 2021 2022 2023 2024

Net Income ₱ 151,537.91 ₱ 138,404.34 ₱ 146,189.64 ₱ 153,566.79 ₱ 154,088.00
÷ Partners Equity ₱ 736,384.13 ₱ 740,948.03 ₱ 752,518.71 ₱ 710,728.82 ₱ 669,408.02
Return on Equity 0.21 0.19 0.19 0.22 0.23
Return on Equity
0.25
0.2
0.15
0.1
0.05
0
2020 2021 2022 2023 2024
77
Analysis:
Dog’s Home Care return on equity is increasing throughout its five-year operations. The
company managed to have an increasing return on equity even though there are withdrawals
made by the partners. It is because its net income is also increasing
G. Profit Margin
The Profitability Margin Ratio measures the net income per peso sales.
2020 2021 2022 2023 2024

Net Income ₱ 151,537.91 ₱ 138,404.34 ₱ 146,189.64 ₱ 153,566.79 ₱ 154,088.00
÷ Revenue ₱ 1,150,641.60 ₱ 1,162,276.40 ₱ 1,185,546.00 ₱ 1,297,809.40 ₱ 1,310,599.90
Profit 0.13 0.12 0.12 0.12 0.12
Margin
Profit Margin
0.13
0.13
0.13
0.12
0.12
0.12
0.12
0.12
0.11
2020 2021 2022 2023 2024
Analysis:
78
The profit margin of Dog’s Home Care is increasing on its first four years of operation
and shows no increase on the fifth year. Even though the revenue is increasing through its five-
year operations, its cost of services and operating services is also increasing. This is the reason
why there is a no increase of profit margin.
H. Return on Investment
2020 2021 2022 2023 2024

Net Operating ₱ 151,537.91 ₱ 138,404.34 ₱ 146,189.64 ₱ 153,566.79 ₱ 154,088.00
Income
÷ Average Total ₱ 891,222.39 ₱ 889,331.65 ₱ 905,856.60 ₱ 876,550.56 ₱ 836,035.77
Assets
Return on 0.17 0.16 0.16 0.18 0.18
Investment
Return on Investment
0.18
0.18
0.17
0.17
0.16
0.16
0.15
2020 2021 2022 2023 2024
Analysis:
79
The return on investment of Dog’s Home Care is increasing in its five-year operation.
This indicates that the company has a high return and has utilized its assets to produce more
income.
Capital Budgeting
Year Initial Cash Inflows Cumulative Cash Flow

Investment
2020 -600,000 322,537 -277,463

2021 152,565 -124,898
2022 173,198 48,300
2023 189,358 237,658
2024 185,477 423,134
Payback Period 2 years + (124,898/173,198)

2 years + 0.72
2.72 years
Analysis:
As illustrated in the table the payback of the company is at 2.72 years. A shorter payback
period is considered to be better since it suggests lower risk exposure and the investment is
returned at an earlier date.
80
Increase/(Decrease)
ACCOUNTS January February Amount Percent
Assets
Current Assets:
Cash ₱ 212,912.19 ₱ 260,431.90 ₱ 47,519.72 22.32%
Prepaid Rent ₱ 165,000.00 ₱ 150,000.00 ₱ (15,000.00) -9.09%
Office Supplies ₱ 4,029.36 ₱ 3,620.72 ₱ (408.63) -10.14%
Grooming Supplies ₱ 27,985.09 ₱ 17,701.28 ₱ (10,283.82) -36.75%
Total Current Assets ₱ 409,926.64 ₱ 431,753.90 ₱ 21,827.27 5.32%
Non- Current Assets:
Furniture and Fixtures ₱ 23,965.46 ₱ 23,627.92 ₱ (337.54) -1.41%
Grooming Equipment ₱ 69,472.44 ₱ 68,493.95 ₱ (978.49) -1.41%
Machinery and Office Equipment ₱ 72,741.73 ₱ 72,130.45 ₱ (611.27) -0.84%
Leasehold Improvement ₱ 79,555.56 ₱ 79,111.11 ₱ (444.44) -0.56%
Total Non- Current Assets ₱ 245,735.17 ₱ 243,363.43 ₱ (2,371.75) -0.97%
TOTAL ASSETS ₱ 655,661.81 ₱ 675,117.33 ₱ 19,455.52 2.97%
Liabilities And Partners Equity
Current Liabilities:
Accrued Expenses ₱ 34,916.90 ₱ 34,916.90 ₱ - 0.00%
Income Tax Payable ₱ 3,726.11 ₱ 8,725.06 ₱ 4,998.95 134.16%
Withholding Tax Payable ₱ 869.43 ₱ 2,035.85 ₱ 1,166.42 134.16%
Percentage Tax Payable ₱ 3,021.04 ₱ 5,813.39 ₱ 2,792.35 92.43%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
PhilHealth Payable ₱ 823.50 ₱ 823.50 ₱ - 0.00%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
Total Liabilities ₱ 47,836.98 ₱ 56,794.70 ₱ 8,957.72 18.73%
Partners Equity:
Partner A, Capital ₱ 101,304.14 ₱ 103,053.77 ₱ 1,749.63 1.73%
Partner B, Capital ₱ 101,304.14 ₱ 103,053.77 ₱ 1,749.63 1.73%
Partner C, Capital ₱ 101,304.14 ₱ 103,053.77 ₱ 1,749.63 1.73%
Partner D, Capital ₱ 101,304.14 ₱ 103,053.77 ₱ 1,749.63 1.73%
Partner E, Capital ₱ 101,304.14 ₱ 103,053.77 ₱ 1,749.63 1.73%
Partner F, Capital ₱ 101,304.14 ₱ 103,053.77 ₱ 1,749.63 1.73%
Total Partners Equity ₱ 607,824.83 ₱ 618,322.63 ₱ 10,497.80 1.73%
TOTAL LIABILITIES AND PARTNERS EQUITY ₱ 655,661.81 ₱ 675,117.33 ₱ 19,455.52 2.97%
Horizontal Analysis
Dog’s Home Care
Comparative Balance Sheet
81
Horizontal Analysis
Dog’s Home Care
Increase/(Decrease)
ACCOUNTS February March Amount Percent
Assets
Current Assets:
Cash ₱ 260,431.90 ₱ 311,363.76 ₱ 50,931.86 19.56%
Prepaid Rent ₱ 150,000.00 ₱ 135,000.00 ₱ (15,000.00) -10.00%
Office Supplies ₱ 3,620.72 ₱ 3,182.72 ₱ (438.01) -12.10%
TOTAL ASSETS ₱ 675,117.33 ₱ 697,556.68 ₱ 22,439.35 3.32%
Withholding Tax Payable ₱ 2,035.85 ₱ 3,403.55 ₱ 1,367.71 67.18%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
Partners Equity:
82
Horizontal Analysis
Dog’s Home Care
Increase/(Decrease)
ACCOUNTS March April Amount Percent
Assets
Current Assets:
Cash ₱ 311,363.76 ₱ 341,674.87 ₱ 30,311.11 9.73%
Prepaid Rent ₱ 135,000.00 ₱ 120,000.00 ₱ (15,000.00) -11.11%
Office Supplies ₱ 3,182.72 ₱ 2,975.46 ₱ (207.26) -6.51%
Grooming Supplies ₱ 7,018.52 ₱ 16,725.76 ₱ 9,707.24 138.31%
TOTAL ASSETS ₱ 697,556.68 ₱ 719,996.02 ₱ 22,439.35 3.22%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
Partners Equity:
83
Horizontal Analysis
Dog’s Home Care
Increase/(Decrease)
ACCOUNTS April May Amount Percent
Assets
Current Assets:
Cash ₱ 341,674.87 ₱ 367,061.33 ₱ 25,386.46 7.43%
Prepaid Rent ₱ 120,000.00 ₱ 105,000.00 ₱ (15,000.00) -12.50%
Office Supplies ₱ 2,975.46 ₱ 2,596.20 ₱ (379.26) -12.75%
TOTAL ASSETS ₱ 719,996.02 ₱ 736,467.72 ₱ 16,471.70 2.29%
Withholding Tax Payable ₱ 4,771.26 ₱ 5,736.40 ₱ 965.14 20.23%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
Partners Equity: ₱ -
84
TotaL Partners Equity ₱ 642,941.35 ₱ 651,627.59 ₱ 8,686.23 1.35%
Horizontal Analysis
Dog’s Home Care
Increase/(Decrease)
ACCOUNTS May June Amount Percent
Assets
Current Assets:
Cash ₱ 367,061.33 ₱ 417,147.18 ₱ 50,085.86 12.01%
Prepaid Rent ₱ 105,000.00 ₱ 90,000.00 ₱ (15,000.00) -16.67%
Office Supplies ₱ 2,596.20 ₱ 3,004.19 ₱ 407.99 13.58%
TOTAL ASSETS ₱ 736,467.72 ₱ 758,907.07 ₱ 22,439.35 2.96%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
Partners Equity:
85
Horizontal Analysis
Dog’s Home Care
Increase/(Decrease)
ACCOUNTS June July Amount Percent
Assets
Current Assets:
Cash ₱ 417,147.18 ₱ 451,480.31 ₱ 34,333.12 8.23%
Prepaid Rent ₱ 90,000.00 ₱ 75,000.00 ₱ (15,000.00) -16.67%
Office Supplies ₱ 3,004.19 ₱ 2,533.55 ₱ (470.64) -15.67%
TOTAL ASSETS ₱ 758,907.07 ₱ 784,661.77 ₱ 25,754.71 3.39%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
Partners Equity:
86
Horizontal Analysis
Dog’s Home Care
Increase/(Decrease)
ACCOUNTS July August Amount Percent
Assets
Current Assets:
Cash ₱ 451,480.31 ₱ 502,181.41 ₱ 50,701.11 11.23%
Prepaid Rent ₱ 75,000.00 ₱ 60,000.00 ₱ (15,000.00) -20.00%
Office Supplies ₱ 2,533.55 ₱ 2,326.29 ₱ (207.26) -8.18%
TOTAL ASSETS ₱ 784,661.77 ₱ 807,101.12 ₱ 22,439.35 2.86%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
Partners Equity: ₱ -
87
Horizontal Analysis
Dog’s Home Care
Increase/(Decrease)
ACCOUNTS August September Amount Percent
Assets
Current Assets:
Cash ₱ 502,181.41 ₱ 534,392.15 ₱ 32,210.74 6.41%
Prepaid Rent ₱ 60,000.00 ₱ 45,000.00 ₱ (15,000.00) -25.00%
Office Supplies ₱ 2,326.29 ₱ 1,888.29 ₱ (438.01) -18.83%
TOTAL ASSETS ₱ 807,101.12 ₱ 829,540.47 ₱ 22,439.35 2.78%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
88
Partners Equity:
Horizontal Analysis
Dog’s Home Care
Increase/(Decrease)
ACCOUNTS September October Amount Percent
Assets
Current Assets:
Cash ₱ 534,392.15 ₱ 568,725.27 ₱ 34,333.12 6.42%
Prepaid Rent ₱ 45,000.00 ₱ 30,000.00 ₱ (15,000.00) -33.33%
Office Supplies ₱ 1,888.29 ₱ 1,417.64 ₱ (470.64) -24.92%
TOTAL ASSETS ₱ 829,540.47 ₱ 855,295.17 ₱ 25,754.71 3.10%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
89
Partners Equity:
Horizontal Analysis
Dog’s Home Care
Increase/(Decrease)
ACCOUNTS October November Amount Percent
Assets
Current Assets:
Cash ₱ 568,725.27 ₱ 612,832.85 ₱ 44,107.58 7.76%
Prepaid Rent ₱ 30,000.00 ₱ 15,000.00 ₱ (15,000.00) -50.00%
Office Supplies ₱ 1,417.64 ₱ 1,038.38 ₱ (379.26) -26.75%
TOTAL ASSETS ₱ 855,295.17 ₱ 871,766.87 ₱ 16,471.70 1.93%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
90
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
Partners Equity:
TOTAL LIABILITIES AND PARTNERS EQUITY $ 855,295.17 $ 871,766.87 $ 16,471.70 1.93%
Horizontal Analysis
Dog’s Home Care
Increase/(Decrease)
ACCOUNTS November December Amount Percent
Assets
Current Assets:
Cash ₱ 612,832.85 ₱ 659,275.82 ₱ 46,442.97 7.58%
Prepaid Rent ₱ 15,000.00 ₱ - ₱ (15,000.00) -100.00%
Office Supplies ₱ 1,038.38 ₱ 1,706.50 ₱ 668.12 64.34%
TOTAL ASSETS ₱ 871,766.87 ₱ 891,222.39 ₱ 19,455.52 2.23%
91
SSS Payable ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
Partners Equity:
Financial Statement Analysis
HORIZONTAL ANALYSIS
Dog’s Home Care

Increase/(Decrease)
ACCOUNTS 2020 2021 Amount Percent
Assets
Current Assets:
Cash ₱ 659,275.82 ₱ 678,000.60 ₱ 18,724.78 11.79%
Office Supplies ₱ 1,706.50 ₱ 3,693.25 ₱ 1,986.75 116.42%
Non- Current Assets: ₱ -
Furniture and Fixtures ₱ 20,252.50 ₱ 16,202.00 ₱ (4,050.50) -20.00%
Grooming Equipment ₱ 58,709.10 ₱ 46,967.28 ₱ (11,741.82) -20.00%
Machinery and Office Equipment ₱ 66,017.70 ₱ 58,682.40 ₱ (7,335.30) -11.11%
Leasehold Improvement ₱ 74,666.67 ₱ 69,333.33 ₱ (5,333.33) -7.14%
TOTAL ASSETS ₱ 891,222.39 ₱ 889,331.65 ₱ (1,890.74) -0.21%
Accrued Expenses ₱ 34,916.90 ₱ 35,055.24 ₱ 138.34 0.40%
Income Tax Payable ₱ 64,944.82 ₱ 59,316.15 ₱ (5,628.67) -8.67%
Withholding Tax Payable ₱ 15,153.79 ₱ 13,840.43 ₱ (1,313.36) -8.67%
92
Percentage Tax Payable ₱ 34,519.25 ₱ 34,868.29 ₱ 349.04 1.01%
SSS Contributions ₱ 3,360.00 ₱ 3,360.00 ₱ - 0.00%
PhilHealth Contributions ₱ 823.50 ₱ 823.50 ₱ - 0.00%
Pag-IBIG Contributions ₱ 1,120.00 ₱ 1,120.00 ₱ - 0.00%
Total Liabilities ₱ 154,838.27 ₱ 148,383.62 ₱ (6,454.65) -4.17%
Partners Equity:
Partner A, Capital ₱ 122,730.69 ₱ 123,491.34 ₱ 760.65 0.62%
Partner B, Capital ₱ 122,730.69 ₱ 123,491.34 ₱ 760.65 0.62%
Partner C, Capital ₱ 122,730.69 ₱ 123,491.34 ₱ 760.65 0.62%
Partner D, Capital ₱ 122,730.69 ₱ 123,491.34 ₱ 760.65 0.62%
Partner E, Capital ₱ 122,730.69 ₱ 123,491.34 ₱ 760.65 0.62%
Partner F, Capital ₱ 122,730.69 ₱ 123,491.34 ₱ 760.65 0.62%
TOTAL LIABILITIES AND PARTNERS EQUITY ₱ 891,222.39 ₱ 889,331.65 ₱ (1,890.74) -0.21%
HORIZONTAL ANALYSIS
Dog’s Home Care

Increase/(Decrease)
Assets
Current Assets:
Cash ₱ 678,000.60 ₱ 716,579.80 ₱ 38,579.21 5.69%
Office Supplies ₱ 3,693.25 ₱ 5,479.39 ₱ 1,786.14 48.36%
TOTAL ASSETS ₱ 889,331.65 ₱ 905,856.60 ₱ 16,524.95 1.86%
93
Partners Equity:
HORIZONTAL ANALYSIS
Dog’s Home Care

Increase/(Decrease)
Assets
Current Assets:
Cash ₱ 724,497.35 ₱ 718,498.33 ₱ (5,999.02) -0.83%
Office Supplies ₱ 5,479.39 ₱ 7,289.23 ₱ 1,809.83 33.03%
Total Current Assets ₱ 751,050.09 ₱ 750,205.01 ₱ (845.08) -0.11%
94
TOTAL ASSETS ₱ 913,774.15 ₱ 884,468.11 ₱ (29,306.04) -3.21%

Accrued Expenses ₱ 35,196.35 ₱ 39,340.27 ₱ 4,143.93 11.77%
SSS Contributions ₱ 3,360.00 ₱ 4,080.00 ₱ 720.00 21.43%
PhilHealth Contributions ₱ 823.50 ₱ 936.17 ₱ 112.67 13.68%
Pag-IBIG Contributions ₱ 1,120.00 ₱ 1,360.00 ₱ 240.00 21.43%
Total Liabilities 161255.4395 173739.2898 12483.85032 0.07742
Partners Equity:
Partner A, Capital ₱ 125,419.78 ₱ 118,454.80 ₱ (6,964.98) -5.55%
Partner B, Capital ₱ 125,419.78 ₱ 118,454.80 ₱ (6,964.98) -5.55%
Partner C, Capital ₱ 125,419.78 ₱ 118,454.80 ₱ (6,964.98) -5.55%
Partner D, Capital ₱ 125,419.78 ₱ 118,454.80 ₱ (6,964.98) -5.55%
Partner E, Capital ₱ 125,419.78 ₱ 118,454.80 ₱ (6,964.98) -5.55%
Partner F, Capital ₱ 125,419.78 ₱ 118,454.80 ₱ (6,964.98) -5.55%
TotaL Partners Equity 752518.7054 710728.8199 -41789.88554 -0.0555
TOTAL LIABILITIES AND PARTNERS EQUITY 913774.145 884468.1097 -29306.03522 -0.0321
HORIZONTAL ANALYSIS
Dog’s Home Care

Increase/(Decrease)
Assets
Current Assets:
95
Cash ₱ 718,498.33 ₱ 708,566.43 ₱ (9,931.90) -1.38%
Office Supplies ₱ 7,289.23 ₱ 8,669.03 ₱ 1,379.81 18.93%
Total Current Assets ₱ 750,205.01 ₱ 738,151.17 ₱ (12,053.84) -1.61%
TOTAL ASSETS ₱ 884,468.11 ₱ 843,953.32 ₱ (40,514.79) -4.58%
Income Tax Payable ₱ 65,814.34 ₱ 66,037.71 ₱ 223.37 0.34%
Total Liabilities 173739.2898 174545.3027 806.012835 0.46%
Partners Equity:
Partner A, Capital ₱ 118,454.80 ₱ 111,568.00 ₱ (6,886.80) -5.81%
Partner B, Capital ₱ 118,454.80 ₱ 111,568.00 ₱ (6,886.80) -5.81%
Partner C, Capital ₱ 118,454.80 ₱ 111,568.00 ₱ (6,886.80) -5.81%
Partner D, Capital ₱ 118,454.80 ₱ 111,568.00 ₱ (6,886.80) -5.81%
Partner E, Capital ₱ 118,454.80 ₱ 111,568.00 ₱ (6,886.80) -5.81%
Partner F, Capital ₱ 118,454.80 ₱ 111,568.00 ₱ (6,886.80) -5.81%
TotaL Partners Equity 710728.8199 669408.016 -41320.80396 -0.05814
TOTAL LIABILITIES AND PARTNERS EQUITY 884468.1097 843953.3186 -40514.79112 -0.04581
HORIZONTAL ANALYSIS
Dog’s Home Care

Comparative Comprehensive Income
96
Increase/(Decrease)
97
ACCOUNTS January February Amount Percent
Revenues ₱ 100,701.20 ₱ 93,078.40 ₱ (7,622.80) -7.57%
Less: Cost Of Services
Rent Expense ₱ 15,000.00 ₱ 15,000.00 ₱ - 0.00%
Utilities Expense ₱ 7,260.20 ₱ 6,710.62 ₱ (549.58) -0.55%
Grooming Supplies Expense ₱ 11,126.03 ₱ 10,283.82 ₱ (842.21) -0.84%
Salaries Expense-Direct ₱ 28,000.00 ₱ 28,000.00 ₱ - 0.00%
Gross Profit ₱ 39,314.97 ₱ 33,083.96 ₱ (6,231.01) -6.19%
LESS: Operating Expenses
Pag-IBIG Contributions ₱ 560.00 ₱ 560.00 ₱ - 0.00%
Office Supplies Salaries ₱ 819.19 ₱ 757.18 ₱ (62.01) -0.06%
Gas Expense ₱ 1,007.01 ₱ 930.78 ₱ (76.23) -0.08%
Advertising Expenses ₱ 2,956.30 ₱ 1,000.00 ₱ (1,956.30) -1.94%
Repairs and Maintenance ₱ 294.25 ₱ 271.97 ₱ (22.27) -0.02%
Depreciation Expense ₱ 2,371.75 ₱ 2,371.75 ₱ - 0.00%
Taxes And Licenses ₱ 11,233.60 ₱ 2,876.60 ₱ (8,357.00) -8.30%
13th Month Pay ₱ -
Professional fee ₱ 5,000.00 ₱ 5,000.00 ₱ - 0.00%
Net Income Before Tax ₱ 12,420.37 ₱ 16,663.17 ₱ 4,242.80 4.21%
Less:Income Before Tax,30% ₱ 3,726.11 ₱ 4,998.95 ₱ 1,272.84 1.26%
Net Income After Tax ₱ 8,694.26 ₱ 11,664.22 ₱ 2,969.96 2.95%
HORIZONTAL ANALYSIS
Dog’s Home Care

Increase/(Decrease)
ACCOUNTS February March Amount Percent
98
Revenues ₱ 93,078.40 ₱ 96,689.20 ₱ 3,610.80 3.88%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 ₱ - 0.00%
Utilities Expense ₱ 6,710.62 ₱ 6,970.95 ₱ 260.33 0.28%
Grooming Supplies Expense ₱ 10,283.82 ₱ 10,682.76 ₱ 398.94 0.43%
Gross Profit ₱ 33,083.96 ₱ 36,035.49 ₱ 2,951.53 3.17%
Office Supplies Salaries ₱ 757.18 ₱ 786.56 ₱ 29.37 0.03%
Gas Expense ₱ 930.78 ₱ 966.89 ₱ 36.11 0.04%
Advertising Expenses ₱ 1,000.00 ₱ 1,000.00 ₱ - 0.00%
Repairs and Maintenance ₱ 271.97 ₱ 282.52 ₱ 10.55 0.01%
Taxes And Licenses ₱ 2,876.60 ₱ 2,876.60 ₱ - 0.00%
13th Month Pay
Less:Income Before Tax,30% ₱ 4,998.95 ₱ 5,861.60 ₱ 862.65 0.93%
HORIZONTAL ANALYSIS
Dog’s Home Care

99
Increase/(Decrease)
ACCOUNTS March April Amount Percent
Revenues ₱ 96,689.20 ₱ 96,689.20 ₱ - 0.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 ₱ - 0.00%
Utilities Expense ₱ 6,970.95 ₱ 6,970.95 ₱ - 0.00%
Grooming Supplies Expense ₱ 10,682.76 ₱ 10,682.76 ₱ - 0.00%
Gross Profit ₱ 36,035.49 ₱ 36,035.49 ₱ - 0.00%
Office Supplies Salaries ₱ 786.56 ₱ 786.56 ₱ - 0.00%
Gas Expense ₱ 966.89 ₱ 966.89 ₱ - 0.00%
Repairs and Maintenance ₱ 282.52 ₱ 282.52 ₱ - 0.00%
13th Month Pay
Net Income Before Tax ₱ 19,538.67 ₱ 19,538.67 ₱ - 0.00%
Less:Income Before Tax,30% ₱ 5,861.60 ₱ 5,861.60 ₱ - 0.00%
Net Income After Tax ₱ 13,677.07 ₱ 13,677.07 ₱ - 0.00%
HORIZONTAL ANALYSIS
Dog’s Home Care

100
Increase/(Decrease)
ACCOUNTS April May Amount Percent
Revenues ₱ 96,689.20 ₱ 89,467.60 ₱ (7,221.60) -7.47%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 ₱ - 0.00%
Gross Profit ₱ 36,035.49 ₱ 30,132.43 ₱ (5,903.07) -6.11%
LESS: Operating Expenses ₱ - 0.00%
Gas Expense ₱ 966.89 ₱ 894.68 ₱ (72.22) -0.07%
13th Month Pay
Net Income Before Tax ₱ 19,538.67 ₱ 13,787.67 ₱ (5,751.00) -5.95%
Less:Income Before Tax,30% ₱ 5,861.60 ₱ 4,136.30 ₱ (1,725.30) -1.78%
Net Income After Tax ₱ 13,677.07 ₱ 9,651.37 ₱ (4,025.70) -4.16%
HORIZONTAL ANALYSIS
Dog’s Home Care

101
Increase/(Decrease)
ACCOUNTS May June Amount Percent
Revenues ₱ 89,467.60 ₱ 96,689.20 ₱ 7,221.60 8.07%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 ₱ - 0.00%
Gross Profit ₱ 30,132.43 ₱ 36,035.49 ₱ 5,903.07 6.60%
Gas Expense ₱ 894.68 ₱ 966.89 ₱ 72.22 0.08%
13th Month Pay
Less:Income Before Tax,30% ₱ 4,136.30 ₱ 5,861.60 ₱ 1,725.30 1.93%
HORIZONTAL ANALYSIS
Dog’s Home Care

102
Increase/(Decrease)
ACCOUNTS June July Amount Percent
Revenues ₱ 96,689.20 ₱ 100,701.20 ₱ 4,012.00 4.15%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 ₱ - 0.00%
Gross Profit ₱ 36,035.49 ₱ 39,314.97 ₱ 3,279.48 3.39%
Gas Expense ₱ 966.89 ₱ 1,007.01 ₱ 40.12 0.04%
13th Month Pay
HORIZONTAL ANALYSIS
Dog’s Home Care

103
Increase/(Decrease)
ACCOUNTS July August Amount Percent
Revenues ₱ 100,701.20 ₱ 96,689.20 ₱ (4,012.00) -3.98%
Less: Cost Of Services ₱ - 0.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 ₱ - 0.00%
Gross Profit ₱ 39,314.97 ₱ 36,035.49 ₱ (3,279.48) -3.26%
Gas Expense ₱ 1,007.01 ₱ 966.89 ₱ (40.12) -0.04%
13th Month Pay
Less:Income Before Tax,30% ₱ 6,820.10 ₱ 5,861.60 ₱ (958.50) -0.95%
HORIZONTAL ANALYSIS
Dog’s Home Care

104
Increase/(Decrease)
ACCOUNTS August September Amount Percent
Revenues ₱ 96,689.20 ₱ 96,689.20 ₱ - 0.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 ₱ - 0.00%
Utilities Expense ₱ 6,970.95 ₱ 6,970.95 ₱ - 0.00%
Grooming Supplies Expense ₱ 10,682.76 ₱ 10,682.76 ₱ - 0.00%
Gross Profit ₱ 36,035.49 ₱ 36,035.49 ₱ - 0.00%
Office Supplies Salaries ₱ 786.56 ₱ 786.56 ₱ - 0.00%
Gas Expense ₱ 966.89 ₱ 966.89 ₱ - 0.00%
Repairs and Maintenance ₱ 282.52 ₱ 282.52 ₱ - 0.00%
13th Month Pay
Net Income Before Tax ₱ 19,538.67 ₱ 19,538.67 ₱ - 0.00%
Less:Income Before Tax,30% ₱ 5,861.60 ₱ 5,861.60 ₱ - 0.00%
Net Income After Tax ₱ 13,677.07 ₱ 13,677.07 ₱ - 0.00%
HORIZONTAL ANALYSIS
Dog’s Home Care

105
Increase/(Decrease)
ACCOUNTS September October Amount Percent
Revenues ₱ 96,689.20 ₱ 100,701.20 ₱ 4,012.00 4.15%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 ₱ - 0.00%
Gross Profit ₱ 36,035.49 ₱ 39,314.97 ₱ 3,279.48 3.39%
Gas Expense ₱ 966.89 ₱ 1,007.01 ₱ 40.12 0.04%
13th Month Pay
HORIZONTAL ANALYSIS
Dog’s Home Care

106
Increase/(Decrease)
ACCOUNTS October November Amount Percent
Revenues ₱ 100,701.20 ₱ 89,467.60 ₱ (11,233.60) -11.16%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 ₱ - 0.00%
Grooming Supplies Expense ₱ 11,126.03 ₱ 9,884.88 ₱ (1,241.15) -1.23%
Gross Profit ₱ 39,314.97 ₱ 30,132.43 ₱ (9,182.55) -9.12%
Gas Expense ₱ 1,007.01 ₱ 894.68 ₱ (112.34) -0.11%
13th Month Pay
Less:Income Before Tax,30% ₱ 6,820.10 ₱ 4,136.30 ₱ (2,683.80) -2.67%
HORIZONTAL ANALYSIS
Dog’s Home Care

107
Increase/(Decrease)
ACCOUNTS November December Amount Percent
Revenues ₱ 89,467.60 ₱ 93,078.40 ₱ 3,610.80 4.04%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 ₱ - 0.00%
Gross Profit ₱ 30,132.43 ₱ 33,083.96 ₱ 2,951.53 3.30%
Gas Expense ₱ 894.68 ₱ 930.78 ₱ 36.11 0.04%
13th Month Pay
HORIZONTAL ANALYSIS
Dog’s Home Care
108
Increase/(Decrease)
Revenues ₱ 1,150,641.60 ₱ 1,162,276.40 ₱ 11,634.80 1.01%
Rent Expense ₱ 180,000.00 ₱ 183,600.00 ₱ 3,600.00 2.00%
Utilities Expense ₱ 82,957.20 ₱ 84,304.58 ₱ 1,347.38 1.62%
Grooming Supplies Expense ₱ 127,129.26 ₱ 129,671.84 ₱ 2,542.59 2.00%
Gross Profit ₱ 424,555.14 ₱ 428,699.98 ₱ 4,144.83 0.98%
PhilHealth Contributions ₱ 4,950.00 ₱ 4,950.00 ₱ - 0.00%
Office Supplies Salaries ₱ 9,360.35 ₱ 9,547.56 ₱ 187.21 2.00%
Gas Expense ₱ 11,506.42 ₱ 11,622.76 ₱ 116.35 1.01%
Advertising Expenses ₱ 15,000.00 ₱ 12,000.00 ₱ (3,000.00) -20.00%
Repairs and Maintenance ₱ 3,362.14 ₱ 6,724.28 ₱ 3,362.14 100.00%
Taxes And Licenses ₱ 42,876.25 ₱ 36,073.93 ₱ (6,802.32) -15.86%
13th Month Pay ₱ 28,000.00 ₱ 28,000.00 ₱ - 0.00%
Net Income Before Tax 216482.7343 197720.4924 -18762.24191 -0.08666854
Less:Income Before Tax,30% 64944.82028 59316.14771 -5628.672572 -0.086668537
Net Income After Tax 151537.914 138404.3447 -13133.56934 -0.08666854
HORIZONTAL ANALYSIS
109
Dog’s Home Care
Increase/(Decrease)
Revenues ₱ 1,162,276.40 ₱ 1,185,546.00 ₱ 23,269.60 2.00%
Rent Expense ₱ 183,600.00 ₱ 187,272.00 ₱ 3,672.00 2.00%
Gross Profit ₱ 428,699.98 ₱ 444,329.81 ₱ 15,629.83 3.65%
Gas Expense ₱ 11,622.76 ₱ 11,855.46 ₱ 232.70 2.00%
Taxes And Licenses ₱ 36,073.93 ₱ 36,796.13 ₱ 722.20 2.00%
13th Month Pay ₱ 28,000.00 ₱ 28,000.00 ₱ - 0.00%
Net Income Before Tax 197720.4924 208842.3375 11121.84517 0.05625
Less:Income Before Tax,30% 59316.14771 62652.70126 3336.553551 0.05625
Net Income After Tax 138404.3447 146189.6363 7785.291619 0.05625
110
HORIZONTAL ANALYSIS
Dog’s Home Care

Yearly
Increase/(Decrease)
Revenues ₱ 1,185,546.00 ₱ 1,297,809.40 ₱ 112,263.40 9.47%
Rent Expense ₱ 187,272.00 ₱ 191,017.44 ₱ 3,745.44 2.00%
Salaries Expense-Direct ₱ 336,000.00 ₱ 408,000.00 ₱ 72,000.00 21.43%
Gross Profit ₱ 444,329.81 ₱ 476,800.64 ₱ 32,470.84 7.31%
SSS Contributions ₱ 26,880.00 ₱ 32,640.00 ₱ 5,760.00 21.43%
PhilHealth Contributions ₱ 4,950.00 ₱ 5,610.00 ₱ 660.00 13.33%
Pag-IBIG Contributions ₱ 6,720.00 ₱ 8,160.00 ₱ 1,440.00 21.43%
Gas Expense ₱ 11,855.46 ₱ 12,978.09 ₱ 1,122.63 9.47%
Depreciation Expense ₱ 28,460.95 ₱ 28,460.95 ₱ 0.00 0.00%
Taxes And Licenses ₱ 36,796.13 ₱ 40,188.63 ₱ 3,392.50 9.22%
13th Month Pay ₱ 28,000.00 ₱ 34,000.00 ₱ 6,000.00 21.43%
111
Net Income Before Tax 208842.3375 219381.1341 10538.7965 5.05%
Less:Income Before Tax,30% 62652.70126 65814.34022 3161.638956 5.05%

Net Income After Tax 146189.6363 153566.7938 7377.15757 5.05%
HORIZONTAL ANALYSIS
Dog’s Home Care

Yearly
Increase/(Decrease)
Revenues ₱ 1,297,809.40 ₱ 1,310,599.90 ₱ 12,790.50 0.99%
Rent Expense ₱ 191,017.44 ₱ 194,837.79 ₱ 3,820.35 2.00%
Gross Profit ₱ 476,800.64 ₱ 481,642.73 ₱ 4,842.08 1.02%
Gas Expense ₱ 12,978.09 ₱ 13,106.00 ₱ 127.91 0.99%
112
Taxes And Licenses ₱ 40,188.63 ₱ 40,597.43 ₱ 408.80 1.02%
13th Month Pay ₱ 34,000.00 ₱ 34,000.00 ₱ - 0.00%
Net Income Before Tax ₱ 219,381.13 ₱ 220,125.71 ₱ 744.57 0.34%
Net Income After Tax ₱ 153,566.79 ₱ 154,088.00 ₱ 521.20 0.34%
113
Horizontal Analysis of Balance Sheet
Asset
There is a relative decrease in cash asset every year in the five-year operation of the
business. In the yearly projection, no prepaid rent is recorded because at the end of the year, it is
fully consumed. Office supplies and grooming supplies is fluctuating in the monthly projection
for purchases and expenses are not the same. In the yearly projection, an office supply is
decreasing while grooming supplies is fluctuating. The amount of non- current assets reflected in
the balance sheet are the net amount and is already depreciated properly throughout the year.
Liabilities
Dog’s Home Care has seven (7) accounts in the liabilities section and all are current
assets. The Accrued expenses account which is composed of the utilities payable stays the same
in the first-year monthly projection and is showing an increase in the second year to fifth year of
operation due to the increase caused by inflation. Income Tax Payable and Withholding Tax
Payable are fluctuating because of the fluctuation of demand and is also the same in the second
year to fifth year of operation. No changes can be identified in the SSS, PhilHealth and Pag-IBIG
Contribution account in the monthly projection because payments are paid equally the entire
year. In the yearly projection, the increase of the salaries of the employees in the second to fifth
year caused the increase on the SSS Contributions.
114
Equity
The equity section is only comprised of the partners’ capital which is already comprised
of the partners’ distributed income and also, the net of partners’ drawing. Partners’ capital for the
yearly projection is decreasing while on the first year projection is increasing.
Horizontal Analysis of Income Statement
There is an increase of total revenues for the yearly projections. For the monthly
projections, revenues increase from February to May and decreases from June to October, and
increase again for the next months. This is due to the demand that increases on the dry season
and decreases on the wet season. The cost of services stays the same both for the yearly and
monthly projections. The operating expenses on the other hand, show a fluctuating behavior.
There is a significant increase of Php 2,969.96 for the month of January and February in the net
income after tax. For the month of February to march, there is an increase of Php 2,012.85 and
for the month of March to April steady his income. There is also a Php (4,025.70) decrease in the
Net Income after Tax for the month of April to May. However, there is increase of Php 4,025.70
from May to June. The Net incomes after tax continue to increase for the month of June to
October. For the Month of October to November, there is a decrease in Net Income after Tax.
However, From November to December there is increase Php 2, 012. 85 Net incomes after Tax
We have observed that Dogs Home Care has become known to the people since the net
income after tax increases for the year 2020- to 2024. The cheap price yet excellent quality of
services offered by Dogs Home Care are the main reason why the total revenue increases
throughout the five years.
115
VERTICAL ANALYSIS
Dogs Home Care
Comparative Balance Sheets
Common Size %
ACCOUNTS January February Last Month This Month
Assets
Current Assets:
Cash ₱ 212,912.19 ₱ 260,431.90 100.00% 100.00%
Prepaid Rent ₱ 165,000.00 ₱ 150,000.00 77.50% 57.60%
Office Supplies ₱ 4,029.36 ₱ 3,620.72 1.89% 1.39%
Grooming Supplies ₱ 27,985.09 ₱ 17,701.28 13.14% 6.80%
Total Current Assets ₱ 409,926.64 ₱ 431,753.90 192.53% 165.78%
Furniture and Fixtures ₱ 23,965.46 ₱ 23,627.92 11.26% 9.07%
Grooming Equipment ₱ 69,472.44 ₱ 68,493.95 32.63% 26.30%
Machinery and Office Equipment ₱ 72,741.73 ₱ 72,130.45 34.17% 27.70%
Leasehold Improvement ₱ 79,555.56 ₱ 79,111.11 37.37% 30.38%
Total Non- Current Assets ₱ 245,735.17 ₱ 243,363.43 115.42% 93.45%
TOTAL ASSETS ₱ 655,661.81 ₱ 675,117.33 307.95% 259.23%
Accrued Expenses ₱ 34,916.90 ₱ 34,916.90 16.40% 13.41%
Income Tax Payable ₱ 3,726.11 ₱ 8,725.06 1.75% 3.35%
Withholding Tax Payable ₱ 869.43 ₱ 2,035.85 0.41% 0.78%
Percentage Tax Payable ₱ 3,021.04 ₱ 5,813.39 1.42% 2.23%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 1.58% 1.29%
PhilHealth Payable ₱ 823.50 ₱ 823.50 0.39% 0.32%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 0.53% 0.43%
Total Liabilities ₱ 47,836.98 ₱ 56,794.70 22.47% 21.81%
Partners Equity:
Partner A, Capital ₱ 101,304.14 ₱ 103,053.77 47.58% 39.57%
Partner B, Capital ₱ 101,304.14 ₱ 103,053.77 47.58% 39.57%
Partner C, Capital ₱ 101,304.14 ₱ 103,053.77 47.58% 39.57%
Partner D, Capital ₱ 101,304.14 ₱ 103,053.77 47.58% 39.57%
Partner E, Capital ₱ 101,304.14 ₱ 103,053.77 47.58% 39.57%
Partner F, Capital ₱ 101,304.14 ₱ 103,053.77 47.58% 39.57%
TotaL Partners Equity ₱ 607,824.83 ₱ 618,322.63 285.48% 237.42%
116
TOTAL LIABILITIES AND PARTNERS EQUITY ₱ 655,661.81 ₱ 675,117.33 307.95% 259.23%
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS February March Last Month This Month
Assets
Current Assets:
Cash ₱ 260,431.90 ₱ 311,363.76 100.00% 100.00%
Prepaid Rent ₱ 150,000.00 ₱ 135,000.00 57.60% 43.36%
Office Supplies ₱ 3,620.72 ₱ 3,182.72 1.39% 1.02%
TOTAL ASSETS ₱ 675,117.33 ₱ 697,556.68 259.23% 224.03%
Withholding Tax Payable ₱ 2,035.85 ₱ 3,403.55 0.78% 1.09%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 1.29% 1.08%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 0.43% 0.36%
Partners Equity:
117
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS March April Last Month This Month
Assets
Current Assets:
Cash ₱ 311,363.76 ₱ 341,674.87 100.00% 100.00%
Prepaid Rent ₱ 135,000.00 ₱ 120,000.00 43.36% 35.12%
Office Supplies ₱ 3,182.72 ₱ 2,975.46 1.02% 0.87%
TOTAL ASSETS ₱ 697,556.68 ₱ 719,996.02 224.03% 210.73%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 1.08% 0.98%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 0.36% 0.33%
Partners Equity:
118
Total Partners Equity ₱ 630,631.99 ₱ 642,941.35 202.54% 188.17%
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size
%
ACCOUNTS April May Last Month This Month
Assets
Current Assets:
Cash ₱ 341,674.87 ₱ 367,061.33 100.00% 100.00%
Prepaid Rent ₱ 120,000.00 ₱ 105,000.00 35.12% 28.61%
Office Supplies ₱ 2,975.46 ₱ 2,596.20 0.87% 0.71%
TOTAL ASSETS ₱ 719,996.02 ₱ 736,467.72 210.73% 200.64%
Accrued Expenses ₱ 34,916.90 ₱ 34,916.90
SSS Payable ₱ 3,360.00 ₱ 3,360.00 0.98% 0.92%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 0.33% 0.31%
Partners Equity:
119
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %

ACCOUNTS May June Last Month This Month
Assets
Current Assets:
Cash ₱ 367,061.33 ₱ 417,147.18 100.00% 100.00%
Prepaid Rent ₱ 105,000.00 ₱ 90,000.00 28.61% 21.58%
Office Supplies ₱ 2,596.20 ₱ 3,004.19 0.71% 0.72%
TOTAL ASSETS ₱ 736,467.72 ₱ 758,907.07 200.64% 181.93%

SSS Payable ₱ 3,360.00 ₱ 3,360.00 0.92% 0.81%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 0.31% 0.27%
Total Liabilities ₱ 84,840.14 ₱ 94,970.12
Partners Equity:
120
VERTICAL ANALYSIS
Common Size %
ACCOUNTS June July Last Month This Month
Assets
Current Assets:
Cash ₱ 417,147.18 ₱ 451,480.31 100.00% 100.00%
Prepaid Rent ₱ 90,000.00 ₱ 75,000.00 21.58% 16.61%
Office Supplies ₱ 3,004.19 ₱ 2,533.55 0.72% 0.56%
TOTAL ASSETS ₱ 758,907.07 ₱ 784,661.77 181.93% 173.80%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 0.81% 0.74%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 0.27% 0.25%
Partners Equity:
121
Dogs Home Care
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %

ACCOUNTS July August Last Month This Month
Assets
Current Assets:
Cash ₱ 451,480.31 ₱ 502,181.41 100.00% 100.00%
Prepaid Rent ₱ 75,000.00 ₱ 60,000.00 16.61% 11.95%
Office Supplies ₱ 2,533.55 ₱ 2,326.29 0.56% 0.46%
TOTAL ASSETS ₱ 784,661.77 ₱ 807,101.12 173.80% 160.72%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 0.74% 0.67%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 0.25% 0.22%
Partners Equity:
122
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %

ACCOUNTS August September Last Month This Month
Assets
Current Assets:
Cash ₱ 502,181.41 ₱ 534,392.15 100.00% 100.00%
Prepaid Rent ₱ 60,000.00 ₱ 45,000.00 11.95% 8.42%
Office Supplies ₱ 2,326.29 ₱ 1,888.29 0.46% 0.35%
TOTAL ASSETS ₱ 807,101.12 ₱ 829,540.47 160.72% 155.23%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 0.67% 0.63%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 0.22% 0.21%
Partners Equity:
123
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %

ACCOUNTS September October Last Month This Month
Assets
Current Assets:
Cash ₱ 534,392.15 ₱ 568,725.27 100.00% 100.00%
Prepaid Rent ₱ 45,000.00 ₱ 30,000.00 8.42% 5.27%
Office Supplies ₱ 1,888.29 ₱ 1,417.64 0.35% 0.25%
TOTAL ASSETS ₱ 829,540.47 ₱ 855,295.17 155.23% 150.39%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 0.63% 0.59%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 0.21% 0.20%
124
Partners Equity:
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size
%
ACCOUNTS October November Last Month This Month
Assets
Current Assets:
Cash ₱ 568,725.27 ₱ 612,832.85 100.00% 100.00%
Prepaid Rent ₱ 30,000.00 ₱ 15,000.00 5.27% 2.45%
Office Supplies ₱ 1,417.64 ₱ 1,038.38 0.25% 0.17%
TOTAL ASSETS ₱ 855,295.17 ₱ 871,766.87 150.39% 142.25%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 0.59% 0.55%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 0.20% 0.18%
125
Partners Equity:
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %

ACCOUNTS November December Last Month This Month
Assets
Current Assets:
Cash ₱ 612,832.85 ₱ 659,275.82 100.00% 100.00%
Prepaid Rent ₱ 15,000.00 ₱ - 2.45% 0.00%
Office Supplies ₱ 1,038.38 ₱ 1,706.50 0.17% 0.26%
TOTAL ASSETS ₱ 871,766.87 ₱ 891,222.39 142.25% 135.18%
SSS Payable ₱ 3,360.00 ₱ 3,360.00 0.55% 0.51%
Pag-IBIG Payable ₱ 1,120.00 ₱ 1,120.00 0.18% 0.17%
126
Partners Equity: 0.00% 0.00%
VERTICAL ANALYSIS
Dogs Home Care
Common Size %

ACCOUNTS 2020 2021 Last Year This Year
Assets
Current Assets:
Cash ₱ 613,561.55 ₱ 685,918.14 72.57% 76.45%
Office Supplies ₱ 1,706.50 ₱ 3,693.25 0.20% 0.41%
Non- Current Assets: 0.00% 0.00%
TOTAL ASSETS 845508.125 897249.1997 100.00% 100.00%
SSS Contributions ₱ 3,360.00 ₱ 3,360.00 0.40% 0.37%
PhilHealth Contributions ₱ 823.50 ₱ 823.50 0.10% 0.09%
Pag-IBIG Contributions ₱ 1,120.00 ₱ 1,120.00 0.13% 0.12%
127
Partners Equity:
VERTICAL ANALYSIS
Dogs Home Care
Common Size %

Assets
Current Assets:
Cash ₱ 685,918.14 ₱ 724,497.35 76.45% 79.29%
Office Supplies ₱ 3,693.25 ₱ 5,479.39 0.41% 0.60%
TOTAL ASSETS 897249.1997 913774.1479 100.00% 100.00%
128
Partners Equity:
VERTICAL ANALYSIS
Dogs Home Care
Common
Size %
Assets
Current Assets:
Cash ₱ 724,497.35 ₱ 718,498.33 79.29% 81.24%
Office Supplies ₱ 5,479.39 ₱ 7,289.23 0.60% 0.82%
Non- Current Assets: 0.00%
TOTAL ASSETS 913774.1479 884468.1126 100.00% 100.00%
129
Partners Equity:
VERTICAL ANALYSIS
Dogs Home Care
Common Size %

Assets
Current Assets:
Cash ₱ 718,498.33 ₱ 708,566.43 81.24% 83.96%
Office Supplies ₱ 7,289.23 ₱ 8,669.03 0.82% 1.03%
TOTAL ASSETS ₱ 884468.1126 ₱ 843953.3215 100.00% 100.00%
130
Partners Equity:
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS January February Last Month This Month
Revenues ₱ 100,701.20 ₱ 93,078.40 100.00% 100.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 14.90% 16.12%
Utilities Expense ₱ 7,260.20 ₱ 6,710.62 7.21% 7.21%
Grooming Supplies Expense ₱ 11,126.03 ₱ 10,283.82 11.05% 11.05%
Salaries Expense-Direct ₱ 28,000.00 ₱ 28,000.00 27.81% 30.08%
Gross Profit ₱ 39,314.97 ₱ 33,083.96 39.04% 35.54%
Pag-IBIG Contributions ₱ 560.00 ₱ 560.00 0.56% 0.60%
Office Supplies Salaries ₱ 819.19 ₱ 757.18 0.81% 0.81%
Gas Expense ₱ 1,007.01 ₱ 930.78 1.00% 1.00%
Advertising Expenses ₱ 2,956.30 ₱ 1,000.00 2.94% 1.07%
Repairs and Maintenance ₱ 294.25 ₱ 271.97 0.29% 0.29%
Depreciation Expense ₱ 2,371.75 ₱ 2,371.75 2.36% 2.55%
Taxes And Licenses ₱ 11,233.60 ₱ 2,876.60 11.16% 3.09%
131
13th Month Pay ₱ -
Professional fee ₱ 5,000.00 ₱ 5,000.00 4.97% 5.37%
Net Income Before Tax ₱ 12,420.37 ₱ 16,663.17 12.33% 17.90%
Less:Income Before Tax,30% ₱ 3,726.11 ₱ 4,998.95 3.70% 5.37%
Net Income After Tax ₱ 8,694.26 ₱ 11,664.22 8.63% 12.53%
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS February March Last Month This Month
Revenues ₱ 93,078.40 ₱ 96,689.20 100.00% 100.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 16.12% 15.51%
Gross Profit ₱ 33,083.96 ₱ 36,035.49 35.54% 37.27%
Gas Expense ₱ 930.78 ₱ 966.89 1.00% 1.00%
132
13th Month Pay
Less: Income Before Tax,30% ₱ 4,998.95 ₱ 5,861.60 5.37% 6.06%
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS March April Last Month This Month
Revenues ₱ 96,689.20 ₱ 96,689.20 100.00% 100.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 15.51% 15.51%
Gross Profit ₱ 36,035.49 ₱ 36,035.49 37.27% 37.27%
LESS: Operating Expenses 0.00% 0.00%
Gas Expense ₱ 966.89 ₱ 966.89 1.00% 1.00%
133
13th Month Pay
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS April May Last Month This Month
Revenues ₱ 96,689.20 ₱ 89,467.60 100.00% 100.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 15.51% 16.77%
Gross Profit ₱ 36,035.49 ₱ 30,132.43 37.27% 33.68%
Gas Expense ₱ 966.89 ₱ 894.68 1.00% 1.00%
134
13th Month Pay
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS May June Last Month This Month
Revenues ₱ 89,467.60 ₱ 96,689.20 100.00% 100.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 16.77% 15.51%
Gross Profit ₱ 30,132.43 ₱ 36,035.49 33.68% 37.27%
135
Gas Expense ₱ 894.68 ₱ 966.89 1.00% 1.00%
13th Month Pay
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS June July Last Month This Month
Revenues ₱ 96,689.20 ₱ 100,701.20 100.00% 100.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 15.51% 14.90%
Gross Profit ₱ 36,035.49 ₱ 39,314.97 37.27% 39.04%
136
Gas Expense ₱ 966.89 ₱ 1,007.01 1.00% 1.00%
13th Month Pay
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS July August Last Month This Month
Revenues ₱ 100,701.20 ₱ 96,689.20 100.00% 100.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 14.90% 15.51%
Gross Profit ₱ 39,314.97 ₱ 36,035.49 39.04% 37.27%
137
Gas Expense ₱ 1,007.01 ₱ 966.89 1.00% 1.00%
13th Month Pay
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS August September Last Month This Month
Revenues ₱ 96,689.20 ₱ 96,689.20 100.00% 100.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 15.51% 15.51%
Gross Profit ₱ 36,035.49 ₱ 36,035.49 37.27% 37.27%
138
Gas Expense ₱ 966.89 ₱ 966.89 1.00% 1.00%
13th Month Pay
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS September October Last Month This Month
Revenues ₱ 96,689.20 ₱ 100,701.20 100.00% 100.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 15.51% 14.90%
139
Gross Profit ₱ 36,035.49 ₱ 39,314.97 37.27% 39.04%
Gas Expense ₱ 966.89 ₱ 1,007.01 1.00% 1.00%
13th Month Pay
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS October November Last Month This Month
Revenues ₱ 100,701.20 ₱ 89,467.60 100.00% 100.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 14.90% 16.77%
140
Gross Profit ₱ 39,314.97 ₱ 30,132.43 39.04% 33.68%
Gas Expense ₱ 1,007.01 ₱ 894.68 1.00% 1.00%
13th Month Pay
VERTICAL ANALYSIS
Dogs Home Care
Monthly
Common Size %
ACCOUNTS November December Last Month This Month
Revenues ₱ 89,467.60 ₱ 93,078.40 100.00% 100.00%
Rent Expense ₱ 15,000.00 ₱ 15,000.00 16.77% 16.12%
141
Gross Profit ₱ 30,132.43 ₱ 33,083.96 33.68% 35.54%
Gas Expense ₱ 894.68 ₱ 930.78 1.00% 1.00%
13th Month Pay
VERTICAL ANALYSIS
Dogs Home Care
Yearly
Common Size %

Revenues ₱ 1,150,641.60 ₱ 1,162,276.40 100.00% 100.00%
Rent Expense ₱ 180,000.00 ₱ 183,600.00 15.64% 15.80%
142
Gross Profit ₱ 424,555.14 ₱ 428,699.98 36.90% 36.88%
PhilHealth Contributions ₱ 4,950.00 ₱ 4,950.00 0.43% 0.43%
Office Supplies Salaries ₱ 9,360.35 ₱ 9,547.56 0.81% 0.82%
Gas Expense ₱ 11,506.42 ₱ 11,622.76 1.00% 1.00%
Repairs and Maintenance ₱ 3,362.14 ₱ 6,724.28 0.29% 0.58%
13th Month Pay ₱ 28,000.00 ₱ 28,000.00 2.43% 2.41%
VERTICAL ANALYSIS
Dogs Home Care
Yearly
Common Size %

Revenues ₱ 1,162,276.40 ₱ 1,185,546.00 100.00% 100.00%
Rent Expense ₱ 183,600.00 ₱ 187,272.00 15.80% 15.80%
143
Gross Profit ₱ 428,699.98 ₱ 444,329.81 36.88% 37.48%
Gas Expense ₱ 11,622.76 ₱ 11,855.46 1.00% 1.00%
13th Month Pay ₱ 28,000.00 ₱ 28,000.00 2.41% 2.36%
VERTICAL ANALYSIS
Dogs Home Care
Yearly
Common Size %

Revenues ₱ 1,185,546.00 ₱ 1,297,809.40 100.00% 100.00%
144
Rent Expense ₱ 187,272.00 ₱ 191,017.44 15.80% 14.72%
Gross Profit ₱ 444,329.81 ₱ 476,800.64 37.48% 36.74%
Gas Expense ₱ 11,855.46 ₱ 12,978.09 1.00% 1.00%
13th Month Pay ₱ 28,000.00 ₱ 34,000.00 2.36% 2.62%
VERTICAL ANALYSIS
Dogs Home Care
Yearly
Common Size %
Revenues ₱ 1,297,809.40 ₱ 1,310,599.90 100.00% 100.00%
145
Rent Expense ₱ 191,017.44 ₱ 194,837.79 14.72% 14.87%
Gross Profit ₱ 476,800.64 ₱ 481,642.73 36.74% 36.75%
Gas Expense ₱ 12,978.09 ₱ 13,106.00 1.00% 1.00%
13th Month Pay ₱ 34,000.00 ₱ 34,000.00 2.62% 2.59%
146
Vertical Analysis of Balance Sheet
Cash covers the highest percentage in the current assets while Leasehold Improvement for
the non-current assets. In the liabilities section, income tax payable tallies the highest percentage.
The partners’ capital in the equity section is affected when there is a distribution of income,
withdrawal by the partners and taxation of ten percent. Overall, there are no significant changes
on the amount of the Statement of Financial Position of the company.
Vertical Analysis of Income Statement
The utilities, salaries and rent expenses which are the cost of services have the highest
percentage in terms of relationship to the total revenues. It is constant all throughout the first year
except the first month.
The taxes and licenses and salaries expense administrative which are in operating expense
hold two of the highest amounts. In January, the taxes and licenses are higher by 12.53% because
business permits and registration fees are paid for the commencement of the business operation.
The percentage of net income from the first year to the fifth year is increasing because of
the increasing total of revenue.
147
A. Accounting and Control Plan
Dog’s Home care will create and generate its financial statements annually. These are
presented in accordance to the appropriate accounting standards of the Philippine Financial
Reporting Standards (PFRS) and General Accepted Accounting Principles (GAAP). The financial
statements will be made to the partners as well as to the public for transparency. This way
customers and possible investors will see the progress of the business. Also, this will be used for
the evaluation of the financial position and to implement necessary changes to the operations.
The group will then hire an accountant to prepare the financial statements to ensure that all
the financial statements to be published are fairly presented. Different internal controls will also
be implemented within the company to avoid illicit financial statements.
148
Part 7
SOCIO-ECONOMIC FEASIBILITY
Pets are part of our daily lives and part of our families. They provide us with companionship and
also with emotional support, reduce our stress levels, sense of loneliness and help us to increase
our social activities and add to a child’s self-esteem and positive emotional development. Hence,
their health and cleanliness should be considered by owners.
Knowing that Mangagoy, Bislig City has only two existing store for animals, Dogs Home
Care sees an opportunity to grab the chance to engage in the same field of business. On the other
hand, we have observed that not all pet owners give attention to their pets and also not all pet
owners are capable of cleaning their pets. Because of these factors, the group considers to go after
the chosen business.
Pet groomers work in a variety of settings including pet salon, and a pet owner’s home. At
least a high school graduate is required for this career, and pet groomers usually learn through an
apprenticeship or on-the-job training. Additionally, pet groomers can attend a grooming school,
and voluntary certification is available. The time allotted to the pet groomers for their work is
8am to 5pm from Tuesday to Sunday. Benefits such as PAG-IBIG, PHILHEALTH, and SSS are
given to each Dogs Home Care staffs.
The best part of working in Dogs Home Care is that a dog grooming career is very
rewarding for dog lovers. They will spend their time making sure the furry clients are happy and
healthy. In addition, groomers will also be responsible for sanitizing the tools and equipment’s to
secure the health of the animals.
149
Obedience training will not only teach your puppy to behave better, it will keep them safe.
It is never too late for dogs to learn, but the earlier they learn, the better.
Training is important for several reasons.
Obedience training helps pets adjust to family life. It helps socialize dogs, who are pack members
by nature. It will teach them how to interact with their owners, environments, and strangers.
The business offers pet grooming services to the furry parents. The prices of this business
refers to the only one existing direct competitor since it also offers same services at an affordable
amount. The equipment and supplies that will be used by the business will be purchased within
the tract of Bislig and Davao City; this will help out to improve the circulation of money in the
Philippines.
This business will give opportunities to the Bisliganons furry parents by providing the
need of their pets and the economy—particularly that of Bislig City.
Finally, Dogs Home Care is responsible to pay all the needed taxes to contribute when it
expands to longer and bigger scale of business. Due to the business operation, taxes and fees will
also help the government to attain economic progress.
150
BIBLIOGRAPHY
1. Only Paws Business Plan: https://www.slideshare.net/SamidhaKashettiwar/only-paws-
business-plan
2. https://www.slideshare.net/happyhoundpetservices/happy-hound-pet-services-
presentation-817800
3. Https: /www. //Dog%20Training%20and%20Canine%20Behavior%20Articles.html
4. Dog and Cat Kennel Business Plan Sample - Company Summary _ Bplans
file:///F:/Feasibity%20Study%20Sample/Dog%20and%20Cat%20Kennel%20Business
%20Plan%20Sample%20-%20Company%20Summary%20_%20Bplans.html
5. PetShopfile:///F:/Feasibity%20Study%20Sample/A%20feasibility%20study%20for%20a
%20pet%20shop.pptx%20121.html
6. “PAG-IBIG Contribution table 2019” https://www.howtoquick.net/2018/01/updated-pag-

ibig-contribution-table.html
7. “Phi-Health Contribution Table2019” https://governmentph.com/updated-philhealth-

contribution-table-2018/
8. “SSS Contribution table” https://philpad.com/new-sss-contribution-table/
9. “BIR Forms” https://www.bir.gov.ph/index.php/bir-forms.html
10. “Pet groomers starter kit” https://www.groomers-online.com.professional-cl/multi-buys-

sets-c213
11. “sample feasibility study of pet salon” https://prezi.com/m/nxlxn7bnb3set/a-project-

feasibility-on-the-establishment-of-pet-salon-at-i
12. “Demand in Pet Industry 2014-2024” hhts://www.franchisehelp.com/industry-reports/pet-

care-industry-analysis-2018-cost-trends
13. “sample Pet-Salon Floor Plan Design”https://www.groomertogroomer.com/the-new-

grooming-salon-part-iii-designing-on-effective-floor-plan/
151
APPENDICES
Appendix A: Survey Questionnaire
Name (optional):
Direction: Put a forward slash (/) on the box of your chosen answer(s).
1. Do you have any pets? Yes No
2. Which kind of pet do you have? (Multiple answers possible.)
Cat(s) Dog(s) Bird(s) Rodent(s) Others (please specify)
3. What services do you expect that Dog’s Home Care had offered?
o Ear cleaning
o Hair trimming
o Bath with special deodorizing shampoo
o Nail trimming
o Tick and Flea Treatment
o TeethBrushing
o Dog training
4. What do you look for when searching for a pet grooming salon?
Location Price Customer service
Pick-up/Drop off service Appointment availability Others (please specify):
5. What complimentary service(s) would you be interested in?
Pet sitting Pick-up/Drop off service
Home service Others (please specify
6. Would you be willing to try a new pet grooming salon if one opened near you?
YES NO
7. Would you be willing to try a basic training for your dogs?
YES NO
8. How often do you take your pet Outside for a Walk Exercise?
YES No
9. How many Times do you bath your pet dog?
 Once a week  3-4 times a week
152
Appendix B: Survey Result
Chart Title
90%
80%
70%
60%
50%
40% 85%
30%
20%
30%
10%
0%
YES NO
Which kind of pet do you have?

70%
60%
60%
50%
40%
30%
25%
20%
10%
10%
5%
0%
Cat(s) Dog(s) Bird(s) Other(s)
153
Services they expect a pet groomer offers
70 Bathing; 65
60
50
Hair Trimming; 39
40
Flea and Deodorizing Dog training ; 30
30treatment; 28
Ear Cleaning; 20
20 Nail Trimming; 16
Teeth Brushing; 12
10
Complementary services they are interested in

60
50
40
30
Home Service; 51
20
Pet Sitting; 24 Pick Up/Delivery of

10 Pet; 23
0 Others; 1
154
Willingness to try a new pet groomer if one opened near them
90%
Yes; 83%
80%
70%
60%
50%
40%
30%
20% No; 17%
10%
0%
Would you be willing to try a basic training for your dogs?
90%
80%
70%
60%
50%
40% 80%
30%
20%
10% 20%
0%
Yes No
155
Appendix C: Application Form
156
Appendix D: PHIC
157
158
Appendix E: SSS Forms
159
160
161
162
Appendix F: HDMF Forms
163
164
Appendix H: BIR Forms
165
166
167
168

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A Feasibility Study Presented to the Committee,

Business and Accountancy Department

DOG’s HOME CARE

In Partial Fulfillment of the Requirements of the

BALMORI, PETER JASS S.

Ms. MAE CRISTINE P. ORILLANEDA

express their deepest appreciation especially to the following:

a higher market share than established businesses and franchises.

osteoarthritis, insulin resistance, and liver disease.

grooming services and training.

pet owner, we must give them the right to live.

are pets, own a dog or had owned one.

clients that needed per time.

Dog’s Home Care, will demonstrate their commitment to sustainability, both

keep up with the demands of their hectic schedules.

OVERVIEW OF THE SERVICE

Dogs Home Care services are as follows.

residue can lead to infection

- Uses dog toothbrush and toothpaste

debris, leaving them silky-smooth and squeaky-clean.

 Training – basic obedience

 Dog Walking Service

in nursing homes. Pet therapy utilizes trained animals and handlers to achieve specific

physical, social, cognitive or emotional goals with patients.

of living their pets.

1. AREA OF THE OPERATION

2. SIZE OF THE FACILITY

DOG’s HOME CARE

Dogs Home Care

4. MACHINERY AND EQUIPMENT

Dogs Home Care

Table 1. Machinery and Office Equipment

Computer Set Dell 1 ₱15,200 ₱15,200

Powerhouse Diesel 1 33,230.00 33,230.00

4 layers cabinet 2 ₱2,400 ₱4,800

Office Table 2 ₱2,695 ₱ 5,390

Office Back Chair 2 ₱949 ₱2,847

ITEM DESCRIPTION QTY UNIT TOTAL

Pin Brush 4 ₱116 ₱464

Medium Soft 4 ₱169 ₱676

Fur Rake 4 ₱56 ₱224

Nail Clipper 4 ₱120 ₱480

Nail Scissor 4 ₱135 ₱540

Dematting Tool 4 ₱117 ₱468

KM Animal 4 ₱1,350 ₱5400

Blunt Tipped Shear 4 ₱380 ₱1,520

Flea Comb 4 ₱249 ₱996

Ear Cleaning Set 4 Set ₱241 ₱964

Table 1.3 Grooming Supplies

ITEM DESCRIPTION QTY UNIT TOTAL

Catidea Foaming 5 sets ₱980 ₱4,900

Drying Towel 15 ₱163 ₱2,445

Hartz Ear Cleaner 5 pcs. ₱379 ₱1,516

True Touch Gloves 10 ₱88 ₱880

SURE-GUARD 50 20 ₱59 ₱1,180

Pet Adjustable 10 ₱92 ₱920

200pcs Cotton 15 ₱149 ₱2,235

Pet Grooming 2 ₱2,200 ₱4,400

50” Pet Bath tub 1 ₱53,549.08 ₱53,549.08

Table 2. Office Supplies

Ball pen HBW 1box ₱52.00 ₱52.00

Staple Wire Staple wire #35 1box ₱36 ₱36

Memo Pad Sticky Notes 5c 1pad ₱24.95 ₱24.95

Dust pan NVJS 1pc ₱40 ₱40