“TEAMEAT’s FROZEN GOODS”

A Feasibility Study Present to

The Faculty of the College of Business and Accountancy
ICCT COLLEGES FOUNDATION INC.
San Mateo Campus

In Partial Fulfillment

Of the Requirements for the Degree

BACHELOR NOF SCIENCE IN BUSINESS ADMINISTRATION

Major in Marketing Management

SUBMITTED BY:

AGUILAR, KEEYO MARFORD B.

CADEZAL, ANALYN
CALZITA, AILEEN ROSE
LEAL, MARVILYN N.
LUCBAN, ANGELA M.
ONG, JENNIFER E.
VILLENA, LARA CARLOTTA C.

SUBMITTED TO:

MR. EDELFIN P. TAN, MBA

Professor

JULY 2021

i
 TABLE OF CONTENTS

EXECUTIVE SUMMARY_________________________________________ vi
Acknowledgement ____________________________________________ viii
Dedication____________________________________________________ ix
CHAPTER 1: BUSINESS PROFILE
 Introduction _______________________________________________ 1
 History and Background______________________________________ 1
 Vision, Mission, and Objectives________________________________ 2
 Reason for Choosing the Business _____________________________ 2
 Nature of the Business ______________________________________ 3
 Business Logo _____________________________________________ 4
 Business Icon _____________________________________________ 4
 Product Packaging _________________________________________ 5
 Location __________________________________________________ 5
 Products _________________________________________________ 6

CHAPTER 2: MARKETING ASPECT

 Product Description _________________________________________ 9
 Prices____________________________________________________ 13
 Nature of the target market ___________________________________ 14
 SWOT Analysis ____________________________________________ 15
 Demand and Supply Analysis _________________________________ 16
 Competition Analysis ________________________________________18
 Marketing Program _________________________________________ 19
 Scope and Delimitation ______________________________________ 19
 Justification _______________________________________________ 20
 Market Segmentation ________________________________________ 21

CHAPTER 3: TECHNICAL ASPECT

 Machine and Equipment ______________________________________ 24
 Utilities Requirements ________________________________________ 28
 Pricing of the Product ________________________________________ 29
 Business Operation __________________________________________ 30
 Raw Materials Requirements ___________________________________ 31
 Raw Materials Procurements ___________________________________ 34
 Waste Disposal Requirements __________________________________ 35

ii
  Building Facilities ____________________________________________ 37
 Employee's Schedule _________________________________________ 37
 Employee's Uniform __________________________________________ 40
 Floor Pan Layout ____________________________________________ 43
 Store's Perspective __________________________________________ 41
 Gantt Chart _________________________________________________ 42

CHAPTER 4: ORGANIZATIONAL ASPECT

 Management Description ______________________________________ 46
 Form of Ownership ___________________________________________ 46
 Organizational Chart __________________________________________47
 Store Personnel______________________________________________ 47
 Employment Process _________________________________________ 49
 Job Description ______________________________________________ 51
 Organizational Policy and Procedure _____________________________ 52
 Mandated Benefits Table
o SSS _________________________________________________ 55
o PHILHEALTH __________________________________________ 56
o PAG-IBIG _____________________________________________ 57
 Salaries ____________________________________________________ 58
 Employment Benefits __________________________________________59
 Phased Retirements ___________________________________________59
 Training and Developments _____________________________________ 59

CHAPTER 5: FINANCIAL ASPECT

 Statement of Assumptions ______________________________________ 61
 Sales Volume ________________________________________________ 61
o Daily _________________________________________________ 62
o Monthly _______________________________________________ 62
o Yearly _________________________________________________ 62
 Projected Fixed Asset Depreciation _______________________________ 63
 Projected Statement of Comprehensive Income ______________________ 68
 Projected Statement of Cash Flow ________________________________ 72
 Projected Statement of Financial Position ___________________________73
 Strategy and Implementation Summary _____________________________84
 Competitive Edge ______________________________________________84
 Sales Strategy ________________________________________________ 85
 Daily Sales Forecast ___________________________________________ 85
 Monthly Sale Forecast __________________________________________ 87
 Yearly Sales Forecast ___________________________________________88

iii
CHAPTER 6: SOCIO-ECONOMIC ASPECT
 Contribution Income and Employment ____________________________ 89
 Tax Contribution _____________________________________________ 89
 Contribution to Economy _______________________________________ 89
 Projected Problems ___________________________________________ 90
 Research Methodology ________________________________________ 91
 Research Design _____________________________________________91
 Sample and Sampling Technique ________________________________ 92
 Research Instrument __________________________________________ 92
 Data Gathering Procedure ______________________________________ 92
 Statistical Treatment of Data _____________________________________93
 Percentage __________________________________________________ 93
 Conclusion ___________________________________________________93
 Survey ______________________________________________________ 94
 Appendices _________________________________________________ 101
 Article of Co-Partnership _______________________________________ 103
 Legal Aspects
o BIR ___________________________________________________104
o Cedulla _______________________________________________ 104
o DTI __________________________________________________ 105
o Business Permit _________________________________________ 106
o SSS E-1 Form __________________________________________ 107
o SSS Contribution Table 2019 _______________________________ 108
o Members Data Form (MDF) ________________________________ 109
o Phil Health Form_________________________________________ 110
o Phil Health Contribution Table 2019 __________________________ 111
o Sanitary Permit __________________________________________ 112
o BIR form 1902 ___________________________________________ 113
o Fire Protection Certificate __________________________________ 114
 Flyers _______________________________________________________ 115

iv
 EXECUTIVE SUMMARY

A. NAME OF THE INTERPRISE

We decided to create a frozen goods business named “TEAMEAT’s FROZEN

GOODS”, TEAMEAT comes from Team which is us our team who make this business
and Meat which is our product that made up from different meats to make a frozen
goods. We combined the two words to make it sounds like “TEAMATES”.

B. LOCATION

TEAMEAT’s FROZEN GOOD is located at L-1, B- 31 Commonwealth Ave.

Novaliches, Quezon City, and 1118 Metro Manila. The business will operate from 8:00
AM - 5:00 PM with thirteen employees. We will be selling our products to our primary
market in Commonwealth Ave. Novaliches Quezon city. Our products include a cold
room with a supply of pork, beef, chicken and fish.

C. DESCRIPTIVE DEFINITION OF THE PROJECT

Nowadays there’s a lot of people choose a ready to cooked food that has led to
us to have a business of marinated products. We are a business that seeks to redefine
how foods are being stored and preserved in their fresh state and sold. We will be
focused on serving a large market using large equipment such as industrial scale cold
rooms among others. Our business is frozen goods with a unique taste and even it is
frozen the freshness of every meat is still there. We will serve different kinds of frozen
goods that will afford by everyone.

The concept of frozen food has been around for a while, at least since the 1800s.
Freezing food is a great preservation method that keeps your food fresh without adding
preservatives or other additives. This is because the microbes responsible for food
spoilage cannot multiply at that freezing temperature. Commercially done, freezing food
is actually a very profitable business to embark on.

Frozen food business involves sale of frozen food to customers. The most
popular frozen food sold by those who run frozen food business is meat. This includes
v
fish, beef, chicken, pork among others. Due to the freshness of the food that is retained
in frozen goods, in addition to eliminating the stress of killing and getting fresh meat,
most people opt for frozen food. This is why a business like this is highly profitable.

D. PROJECT LONG RANGE OBJECTIVES

Our business has a capital of P1, 000,000 it is allotted to the rental, renovation,
material and stocks and other expenses. This project long range is 5 years. The mission
is to attract inspire and attain customers by providing them an affordable but best
tasting, quality products and good service, we are committed to provide our costumer
only the best frozen products. We aim to supply at the restaurant, for the online seller or
other market that the product need is frozen foods. We will expand it once we identify
these as well as their needs.

Our business vision is to be known as the best frozen foods shop that has a
great taste of spices, and has the highest quality frozen foods that is serves by our well-
trained and very accommodating staffs, and a frozen food shop that can provide a
comfortable way of living despise the busy lifestyle they have by providing them a
variety of ready-to-cook foods and become one of the most desired places to buy a
delicious foods that they will bring or serve in every families table.

E. FEASIBILITY CRITERIA

This feasibility study has a 100 respondents and the survey questionnaire will be
distributed through online or by the used of Google form. After the survey researcher
will apply the statistical technique below to effectively analyze the data. This will be use
to obtain the frequency counts and percentage distributions of the respondents’
personal connected variables. We’re make this business project to encourage our
society that a frozen foods was have a great contribution to our society, because many
people was being busy to their daily living so frozen food was help to prepared their
food in a short period of time. Based on the conclusion this business is feasible and
capable in the market..

vi
 F. HIGHLIGHTS OF THE PROJECT

This study came up with the idea of making business plan that gave us by our
professor in college and we decided to push it through, and we will open our first branch
on December 2022. It took 1 year to set-up this business. It is a general partnership that
consists of 7 members and each one of us contribute to build this business. This
business is frozen goods with a unique taste and even it is frozen the freshness of every
meat is still there. We have thirteen different kinds of products; we have pork, beef,
chicken and fish. We will serve different kinds of frozen goods that will afford by
everyone. Our business role in the economy is to serve a quality and affordable
products to our customers we will ensure the safety and cleanliness of the product that
you purchase from us.

vii
 ACKNOWLEDGEMENT

The completion of this undertaking could not have been possible without the
participation and assistance of so many people whose names may not all be
enumerated. Their contributions are sincerely appreciated and gratefully acknowledge.
However, the group would like to express their deep appreciation and indebtedness
particularly to the following:

We would like to express our special thanks of gratitude to our Feasibility

Research Study Professor “Mr. Edelfin P. Tan” for his guidance, kind and understanding
spirit in completing our Feasibility Study and this study possible and presentable.

To all relatives, friends and others who in one way or another shared their
support, either morally, financially and physically, Thank you.

Above all, we would like to glorify the Lord God Almighty, the author of
knowledge and wisdom for His countless love and His guidance and for strength He had
given throughout the duration of this study. The glory, honor and praise be to His name
alone.

BSBA 3rd Yr. San Mateo

viii
 DEDICATION

This study is wholeheartedly dedicated to that following person, to our beloved

parents, who have been our source of inspiration and gave us strength when we
thought of giving up, who continually provide their moral, spiritual, emotional and
financial support.

To our Feasibility Research Study Professor “Mr. Edelfin P. Tan” who somehow
managed to check our works with patience and being understanding.

To our relatives, friends and classmate who shared their words of advice and
encouragement to finish this study.

And lastly, we dedicated this study to Almighty God, thank you for the guidance,
strength, power of mind, protection and skill and for giving us a healthy life. All of this,
we offer to you.

BSBA 3rd Yr. San Mateo

ix
 CHAPTER 1

INTRODUCTION

This paper is to present a feasibility study for the completion of the requirements
of the subject OLCBFEASO1. We decided to create a frozen goods business named
“TEAMEAT’s FROZEN GOODS”, TEAMEAT comes from Team which is us our team
who make this business and Meat which is our product that made up from different
meats to make a frozen goods. We combined the two words to make it sounds like
“TEAMATES”. We will serve different kinds of frozen goods that will afford by everyone.

We choose a frozen product because frozen retain their vitamins and minerals
and there is no change to the carbohydrates, protein or fat content. In some cases,
frozen foods have vitamins and minerals compared to fresh, because fresh foods lose
vitamins and minerals over time while freezing preserves nutrients and also it is ready to
cook and east to prepare and served it.

We assure that your starvation and expectation will be full fill and also the
enjoyments and happiness to serve is the best thing that we could do for you and we
prioritized you as much as we can and we will ensure the 100% of safety and
cleanliness of the product that you purchase from us.

HISTORY AND BACKGROUND

The TEAMEAT’s Frozen Goods is a new meat shop venture located in L-1, B-31,
Commonwealth Ave. Novaliches, in Quezon City.

During 2021, one of our professors in college gave us a project wherein we have
to come up with the idea of making a business plan. At first this business is just an idea,
but later on we decided to push it through, and we will open our first branch on
December 2022, in L1 B31 Commonwealth Avenue and named it "TEAMEATS
FROZEN GOODS”.

1
 TEAMEAT's comes from the word Team and Meat since the co-partners and our
product is made up of meat. We will serve our own version of spice for different frozen
goods like tapa, tocino and longganisa and many more.

OBJECTIVES

 To produce a profit from the first’s month of operation

 To be Identified as the number one frozen meat shop that ensures a variety of
frozen products and serves the best tasting and own version of spices.

MISSION

TEAMEAT's aims to attract inspire and attain customers by providing them an

affordable but best tasting, quality products and good service.

VISION

To be known as the best frozen foods shop that has a great taste of spices, and
has the highest quality frozen foods that is serves by our well-trained and very
accommodating staffs, and a frozen food shop that can provide a comfortable way of
living despise the busy lifestyle they have by providing them a variety of ready-to-cook
foods and become one of the most desired places to buy a delicious foods that they will
bring or serve in every families table.

REASON FOR CHOOSING THE BUSINESS

Opening a Frozen food can be very useful if you do it right. Because Frozen
Food is a food that cooks quickly, that's why consumers prefer it and besides, it doesn't
spoil immediately. That's why it's more convenient for consumers. This is one business
that can grow quickly within the shortest possible time. Many people are living
sophisticated lifestyles and will rather prefer already prepared, cleaned and cut meat

2
than having to go through all those stress. There are some people who cannot or will
not like to slaughter chicken so the best bet is for them to buy already made.
Ceremonies such as birthday parties, weddings, naming ceremony, convocation,
festivals etc. takes place every now and again; frozen food is used in large quantity to
prepare food. TEAMATE’s Frozen Goods is the only place where you can taste the real
taste and flavor because TEAMEAT’s Frozen Goods is made of natural flavor and here
you can be sure the food you eat is safe, TEAMATE’s Frozen Goods we are ready to
give your full confidence that you will not regret the taste and safety of what you eat
TEAMEAT's Frozen Goods is made with the wholehearted love of our team.

NATURE OF THE BUSINESS

A goal to a customer satisfaction is to deliver the best customer service and

quality products that they wants, make them feel that our products are worth for their
money. Our frozen goods are high quality meat that are marinated well and can give the
fresh meaty experience that our customer looking for. TEAMEAT’s goal is to deliver an
affordable, excellent quality and also most satisfying products to our customer.
TEAMEAT’s Frozen Goods comply with sanitary standards and maintenance of quality
equipment that will greatly affect our production so we can fulfill the needs of the
customers who wants to buy bulks easier and faster. Our company are well equipped
enough to provide product in bulks or single order without affecting the quality and
affordability of each goods.

3
 BUSINESS LOGO BUSINESS ICON

“MEET YOUR MEATS”

Our business logo was derived from our TEAM and the word MEAT came from
our product. We combined the two words to make it sounds like TEAMATES. The red
color represent attention getting, warmth and power combine with color orange
represent exciting and may drive appetite. The herbs and spices represent the
ingredients that we used in our products.

4
 PRODUCT PACKAGING

Our packaging is made up of a plastic container that can protect from spoilage of
the product. It is easy to fill, easy to seal and easy to store.

LOCATION

TEAMEAT’s FROZEN GOODS is located at L-1, B-31, Commonwealth Ave.

Novaliches, and Quezon City 1118 Metro Manila, Philippines.

5
 PRODUCT

TAPA LONGGANISA

BURGER PATTY EMBOTIDO

6
CHICKEN SHANGHAI PORK SHANGHAI

FISH SHANGHAI MARINATED CHICKEN

MARINATED PORK MARINATED TUNA

7
TOCINO DAING NA BANGUS

8
 CHAPTETER 2

MARKETING ASPECT

These chapters consist of our prices and product description also with the nature
of our target market and the SWOT analysis. It also has a demand and supply analysis
for our product, nature of the target market and the competition analysis. Together with
our marketing program, scope and delimitation, justification and market segmentation.

PRODUCT DESCRIPTION

EMBUTIDO

Meatloaf made with ground pork carrots,

onion, garlic, tomato sauce and stuffed with
hard-boiled eggs, sliced hotdog, raisins, . It
is traditionally wrapped in aluminum foil and
steamed, though it can also be baked.

9
 DAING NA BANGUS

Refers to milkfish that is marinated in a

mixture composed of vinegar, crushed
peppercorn, garlic, and salt. Hot pepper
such as cayenne pepper

TOCINO

Made from thinly sliced pork meat marinated

with salt, sugar, pepper, and pineapple
juice.

TAPA

Made of thinly-sliced beef cured with salt,

ground black pepper, brown sugar, garlic,
calamansi juice and soy sauce then dried or
smoked as a preservation technique.

MARINATED PORK

Marinade by combining the soy sauce,

ketchup, garlic, salt, sugar, ground black
pepper, and lemon juice in a bowl.

10
 MARINATED CHICKEN

Chicken Marinade Recipe is made with

extra virgin olive oil, freshly squeezed lemon
juice, balsamic vinegar, soy sauce, brown
sugar, garlic, salt, and ground black pepper.

LONGGANISA

Made by ground pork, brown sugar, salt,

vinegar, ground black pepper, and garlic.
Also add other spices like paprika or
achuete powder, soy sauce, anise liqueur,
oregano.

MARINATED TUNA

Marinade by combine soy sauce, calamansi,

ground black pepper, and sugar in a bowl.
Stir until well blended.

BURGER PATTY

Mix ground beef, egg, onion, bread crumbs,

garlic, 1/2 teaspoon salt, and 1/4 teaspoon
pepper until well blended.

11
 FISH SHANGHAI

Milkfish flakes as used as a filling instead

of ground pork. The fish needed to be
sautéed with onion, celery, carrot, and
add salt then mixed with egg and wrap.

CHICKEN SHANGHAI

Ground chicken along with shredded

carrots, onions, and garlic for extra flavor
and crunch with jicama (singkamas), and
celery.

PORK SHANGHAI

These super crispy and crunchy egg rolls

are packed with ground pork, carrots,
celery, onions, garlic, and eggs and
seasoned with salt.

PRICES

EMBUTIDO ₱ 50 / each

12
 DAING NA BANGUS ₱ 100 / pack

2pcs per pack

TOCINO ₱ 135 / 330g

TAPA ₱ 180 / 330g

LONGGANISA ₱ 160 / 330g

MARINATED PORK ₱ 140 / 330g

MARINATED CHICKEN ₱ 150 / 500g

MARINATED TUNA ₱ 160 / 500g

₱ 150 / pack

BURGER PATTY 9pcs per pack

(Beef) 250g
₱ 120 / pack

FISH SHANGHAI 12pcs per pack

330g
₱ 120 / pack

CHICKEN SHANGHAI 12pcs per pack

330g
₱ 150 / pack

13
 PORK SHANGHAI 12pcs per pack

330g

NATURE OF THE TARGET MARKET

TEAMEAT’s Frozen Goods is a manufacturer of authentic frozen goods including

Fresh Meat. Our products are positioned at the high end of the market in terms of both
quality and price.

TEAMEAT’s Frozen Goods has planned to reach profitability and forecasts a

modest net profit in five years. The commensurate modest profit margin will be achieved
from sales. The financial within the plan further reinforce the exciting nature of this
business.

These target market segments were chosen based on their greater need for our
services. Families with children are very busy, and they can end up spending a great
deal on fast food and junk food because they don’t have time to cook healthy meals at
home. Working couples and individuals without children are also busy, and may not
have the skills or desire to plan and cook entire meals at home just for themselves; they
can spend a lot on going out to eat. Seniors have special challenges in obtaining and
preparing quality ingredients to feed them, including the loneliness of cooking for
oneself.

14
 Here are some of our target markets;

 Small business owner

 Homeowners
 Working people
 Independent person
 Student
 A person that has no ability or skill to cook

SWOT ANALYSIS

STRENGTH

• High Quality Product

• Easy to cook & Convenient

• Affordable Price

• Friendly Environment

WEAKNESS

• Difficult to promote

• Weak Brand Name

• Limited Sales Area coverage

OPPOTUNITIES

15
• Expansion of Business

• Introduce more products

• Improve Overall Customer Experience

• Home Delivery Services

THREATS

•Increased Competitions

•Negative Feedback of Customers

• Competitors offer cheaper price

DEMAND AND SUPPLY ANALYSIS

Our main product is meat and pork, we all know that meat and pork is unstable
for the supply, so our team need to maintain the supply of our meat and pork, we're
decided to find a poultries that they can supply the meat and pork for the business that
we’re made, because we're all know the law of demand, if the demand is higher supply
will be lower, and we all know the meat and pork was in demand in our country so
definitely we're not always defend to one supplier of meat and pork, our team need to
have a stable suppliers to prevent the shortage of our product Frozen foods are
consistent in quality, only the best ingredients are used. That’s because of stringent
industry quality control procedures that begin on the farm.

16
 TEAMEAT's DEMAN AND SUPPLY ANALYSIS
6

0
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

FISH BEEF PORK CHICKEN

In the graph, in the first two years of our business it is no changes in the supply,
but in the 3rd and 4th year of the business have a improvement of the supply of the raw
material because the business is spreading nearby in that area, many purchaser know
where they found our business store so the supply is changes because our business
need a lot of supply rather that in the first two year of our business, and lastly the 5th
year of our business was a changes in supply of beef, because of its price and we must
focus on the product that costumer always purchase in our business.

COMPETITION ANALYSIS

17
 TEAMEAT's Competion Analysis
5

4.5

3.5

2.5

1.5

0.5

0
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

The competition analysis of TEAMEAT’s frozen goods became so unreliable on

the first and second year, on the first operation the sales report of TEAMEAT’s
decrease with the sales of 1.5 but expand on the second year of .3 through the year
passed that a lot of customer taste our product the sales exceed and gain more profit.

18
 MARKETING PROGRAM

SOCIAL MEDIA

Social Media isn't just for connecting and engaging with customers you could
also use these platform as venues to showcase and sell your products take face book
or instagram as an examples these platforms let you create a shop within your page or
people when you post about your product you could conveniently tag them if someone
clicks tag they will be directed to the product page when they could purchase your and a
lot of marketers are using these platform to grow their businesses.

FLYERS

Flyers are an affective and easy way to promote or announce your product. It is a
cheapest way to market your product and it required a low effort but give a high impact.

INFLUENCERS/VLOGGERS

Nowadays influencers has a high impact on the people specially teenager or

even though adults. By the help of them your business will be spread and known by
their subscribers.

SCOPE AND DELIMITATION

Our feasibility study focused on producing frozen goods, where in our target
market potential clients or customers are in commonwealth Ave. Novaliches. All our
products are marinated in different kinds of seasoning that can sustain the tasty of every
product. The study contains 100 respondents. Students, friends and our relatives will be
covered as part of the respondents. Our product will be disseminated through direct
selling and orders are also accepted from the customers within in manila from those
who are willing to purchase our product.

19
 JUSTIFICATION

TEAMEAT’s frozen goods are consistent in quality. Only the best ingredients are
used. That’s because of stringent industry quality control procedures that begin on the
farm. Frozen foods can pass the most discriminating taste tests. An entree which has
been correctly formulated, maintained at 0°F. And heated according to manufacturer’s
specifications, should taste identical to an on-premise prepared item. The recipes
formulated for use in frozen prepared foods are created by some of the world’s finest
chefs. Immediately following preparation, freezing ensures consistently uniform product
quality in each and every serving.

Food stored constantly at 0 °F will always be safe. Only the quality suffers with
lengthy freezer storage. Freezing keeps food safe by slowing the movement of
molecules, causing microbes to enter a dormant stage. Freezing preserves food for
extended periods because it prevents the growth of microorganisms that cause both
food spoilage and food borne illness. Frozen foods are truly convenient. The cleaning,
picking, dicing, chopping and squeezing has been done. Whatever you choose, it’s all
prepared, ready to take from your freezer, heat and serve.

Frozen food packages tell you what you’re eating. Packages have ingredient and
nutrition labeling. If you are health conscious or counting calories on doctor’s orders,
frozen foods can help. Bags and sheets of moisture/vapor-resistant materials and
heavy-duty foil are suitable for dry packed vegetables and, meat, fish or poultry. Bags
can also be used for liquid packs. Protective cardboard cartons may be used to protect
bags and sheets from tearing and to make stacking easier. Laminated papers made of
various combinations of paper; metal foil and/or cellophane are suitable for dry packed
vegetables and meats, fish and poultry. Laminated papers are also used as protective
over-wrap.

20
 MARKET SEGMENTATION

Variables Young adults Working Guardian/ Senior citizens/

Parents Grandparents
DEMOGRAPHIC  AGE a. 18-25 y/o a. 26-59 y/o a. 60 y/o and
above
 GENDER b. Male/Femal b. Male/Female
e b. Male/Female
 SOURCE c. Salary,
OF c. Allowance & Investments & c. Investments,
INCOME Salary Revenues Revenues &
Pensions
 FAMILY d. Living d. Living with
STRUCTUR independent family d. Living
E ly independently,
with family or
extended family
GEOGRAPHIC  REGION e. Urban e. Suburb e. Suburb

BEHAVIORAL  USAGE f. Heavy f. Heavy f. Light

RATE
g. Affordable, g. Convenient, g. Convenient &
 BENEFIT convenient time saving, Nutrition
SOUGHT & time cleanliness, &
saving nutrition
PSYCHOGRAPH  LIFESTYLE h. Modern h. Conventional h. Traditional
IC
 PERSONAL i. Friendly, i. Outgoing, i. Conservative,
ITY outgoing, capable, hard- assertive &
independent working, picky & health
, lazy, dutiful conscious
compliant &
adventurous

21
YOUNG ADULTS

The young adults segment ranges from 18 to 25 years of age, which mostly are
students, fresh graduates or who are just starting to work. Young adults are considered
as single and independent or are in bachelor's stage in the family living apart from their
parents. Most of them are living in a modern lifestyle with a personality that is usually
covers by being friendly, outgoing, and independent and some are lazy, compliant and
adventurous. In terms of food consumption, this segment tends to focus on a
combination of individual food satisfaction and fast serving, these people are
considerate shoppers who emphasize comparative prices and quality to meet their daily
food consumption’s and needs in a healthy but affordable way so, the benefits sought
are mainly affordability, convenience and time saving. Although this segment has the
lowest sources of income we still consider them as heavy users because these are the
person who always looks for a comfortable way of living and TEAMEATs can contribute
to that by serving them a ready-to-cook food.

WORKING GUARDIAN/PARENTS

In this segment the age ranges from 26 to 59 years are usually consist of a family
or are mostly living with their own family where in some of them, both husband and wife
are working therefore, their sources of income is much higher and wider than the young
adults. The main feature of this segment is that the working adults basically play an
important role in purchasing the food that all family members consume. It means that
when it comes to buying decisions, the needs of this segment are paid more attention.
Their needs are focused on convenience, energy saving, safety and health
consciousness. Usage rates for adults are the heaviest among the analyzed segments,
as their family size is the largest consumer of consumption. Moreover, the benefits they
seek are mainly about the health, time saving, convenience and cleanliness. The
working adults’ personality is considered outgoing, capable, hard-working, picky and
dutiful. Adults lifestyle are usually conventional they set some standards.

22
SENIOR CITIZENS/GRANDPARENTS

Senior citizens/Grandparents are also one of the targets in this segment. Those
who have already retired from their jobs, but still earning or receiving money from their
investments, businesses or pensions since they have enough wealth, their needs would
be based on convenience regardless of the cost. However, the level of usage rate on
frozen foods is light compared to young adults and adults. The desired benefits for
oldies are convenience and healthiness or regarding of the nutrition they can get, as
they are at the age at which they are easily exposed to diseases. Plus, the oldies are
not just health conscious but they are also conservative and assertive who don't believe
in anything that doesn't coincide with their beliefs. The oldies find themselves light in
loyalty status because most of them believed that frequently eating ready-to-cook foods
is not healthy regardless of whom or what made of it is.

CHAPTER 3

TECHNICAL ASPECT

23
 This is the discussion of the projects basic and operational flow. One of the most
important aspects of this study is the technical part, which reacts to the technicalities
and basic structure of the proposed research. This contains equipment’s, materials and
the supply source of the plan project. It also describes how much the cost of the
product, where the product will be made and what technology will be used.

MACHINE AND EQUIPMENT

FREEZER

Freezer keeps your product or foods

being frozen. It’s imperative that foods
stored correctly and keep fresh. That
involves keeping the temperature
correct and food free from
contamination.

GENERATOR

Generator keeps your business

protected. It ensures that you keep
adequate food supply and water during
extended power outages.

WEIGHING SCALE

It uses to check the weight of your

meats or products. Weighing your
goods also makes it easier for the
business to reduce waste.

24
MEAT GRINDER

It helps you improve the efficiency of

your business and therefore time and
energy, it can use to easily grind or
chopping a raw products.

MEAT SLICER

It is a tool use in butcher shops and

delicatessens to slice meats, sausages
and other deli products.

KNIFE

Knife is use to chop or cuts different

kinds of meats.

25
MEAT STORAGE

Meat storage help to maintain food

safety and to preserve the quality and
nutritional value of the food you
purchase.

MOTORCYCLE SERVICE

Motorcycle service is important to

deliver goods right to their customers’
doors.

HERB AND SPICES CABINET

26
 It is important that herbs and spices
have their own cabinet and container to
keep its cleanliness and easy to find.

PACKAGING

The most important thing are the

packaging, it serves to protect the
product inside. Packaging must keep
the product safe during shipment and
must prevent damage while product sits
on their shelf.

UTILITIES REQUIREMENTS

REFRIGIRATION COLD ROOM

This is where you store your meats to cold in order to chill or preserve it.

ELECTRICITY

Electricity is the most important in the business, to operate every appliances,

machinery and computer systems.

WATER

27
 Water is very important to keep the cleanliness and maintaining the right
sanitation of our product.

TRASH SERVICES

The most important reason for waste collection is the protection of the
environment and the health of population.

TELECOMMUNICATION

Telecommunication services are critical for business success and continuity. The
not only enable more effective communication but also increase flexibility in the
workplace and allow companies to expand their reach.

PRICING OF THE PRODUCT

NAME OF THE PRODUCT PRICES

EMBUTIDO ₱ 50 / each

DAING NA BANGUS ₱ 100 / pack

2pcs per pack

TOCINO ₱ 135 / 330g

TAPA ₱ 180 / 330g

MARINATED PORK ₱ 140 / 330g

28
 MARINATED CHICKEN ₱ 150 / 500g

LONGGANISA ₱ 160 / 330g

MARINATED TUNA ₱ 160 / 500g

BURGER PATTY ₱ 150 / pack

(Beef) 9pcs per pack

FISH SHANGHAI ₱ 120 / pack

12pcs per pack

CHICKEN SHANGHAI ₱ 120 / pack

12pcs per pack

PORK SHANGHAI ₱ 150 / pack

12pcs per pack

BUSINESS OPERATION

To make sure that TEAMEAT’s Frozen Goods grow in Food business industry. The
passionate people that could help and keep care of our business will be
staff/employees.

 The TEAMEAT’s Frozen Goods will be having a total of 13 employees.

29
  The operation hour of the store is 8:00am to 5:00pm from Monday to Saturday
while Sunday will be the rest day of our staff/employees.
 Opening routine
o Cleaning and checking of facility/utility and equipments.
o Checking inventory list and sales report.
o Receiving deliveries.
o Updating inventory list.
o Checking products to be dispose.
o Production
 Closing routine
o Cleaning and checking facility/utility and equipments
o Cahier balancing (closing POS)
o Updating Inventory list and sales report
o Sanitarian and pest control.

RAW MATERIALS REQUIREMENTS

This raw material requirement represents the weekly inventory for weekly
operation.
COST OF SALES QUANTITY PRICE TOTAL
Items: AMOUNT
Pork 156 kg 180/kg 28,080
Chicken 60 kg 85/kg 5,100
Beef 44 kg 320/kg 14,080
Tuna 30 kg 130/kg 3,900
Bangus 50 kg 90/kg 4,500
Hotdog 5 kg 140/kg 700
Egg 10 trays 90/tray 900
Carrots 23 kg 40/kg 920
Celery 5 kg 150/kg 750

30
Calamansi 2 kg 90/kg 180
Onion 15 kg 50/kg 750
Garlic 10 kg 80/kg 800
Singkamas 5 kg 50/kg 250
Lemon 90 pcs 25/3pcs 750
Pineapple juice (2.90 2 cans 130/can 260
liter)
White vinegar 1 gal 130/gal 130
Balsamic vinegar (500 1 bottle 350/bottle 350
ml)
Soy sauce 1 gal 140/gal 140
Olive oil (1L) 1 bottle 350/bottle 350
Cooking Oil 1 gal 170/gal 170
Tomato sauce 4 kg 75/kg 300
Catsup 1 gal 120/gal 120
Anise liquor (500 ml) 1 bottle 190/gal 190
White sugar 5 kg 45/kg 225
Brown sugar 10 kg 40/kg 400
Salt 5 kg 15/kg 75
Pepper Corn 1 kg 180/kg 180
Ground black pepper 2 kg 210/kg 420
Paprika 1 kg 180/kg 180
Cayenne pepper 1 kg 200/kg 200
Achuete powder 1 kg 150/kg 150
Breadcrumbs 5 kg 80/kg 400
Oregano 3 kg 150/kg 450
Raisins 5 kg 180/kg 900
Plastic container 1200 pcs 8/pc 9,600
Foil 35 rolls 23/roll 805
Flour 30kg 20/kg 600

31
TOTAL ** Expression
is faulty **.00
Machine & Price Quantity (PCS) Total
Equipment
Freezer 18,000 3 54,000
Generator 38,000 1 38,000
Weighing Scale 1,200 4 4,800
Meat Grinder 7,500 2 15,000
Meat Slicer 6,800 2 13,600
Meat Storage 28,500 1 28,500
Herb & Spices 5000 1 5,000
Cabinet
Air Conditioner 12,990 3 38,970
Fire Extinguisher 1250 4 5,000
Motorcycle 30,000 1 30,000
TOTAL 232,870.00

FURNITURES & FIXTURES PRICE QUANTITY(PCS) TOTAL

Tables & Chairs 7500 2 sets 15,000
Couch 5,000 2 10,000
Long table with 6 chairs 10,000 1 set 10, 000
TOTAL 35, 000

OFFICE EQUIPMENT PRICE QUANTITY(PCS) TOTAL

Computer set 15,500 3 sets 46,500

32
POS machine 5,000 2 sets 10,000
Screen monitor 5000 1 5,000
CCTV Camera 1200 2 2,400
Printer 3000 1 3,000
TOTAL 66,900.00

RAW MATERIALS PROCUREMENTS

PRODUCT SUPPLIER LOCATION PRICE

PORK SJDM Livestock Liana Road, Paradise P 180.00/kg
and Abattoir Inc. Farm Tungkong Mangga
SJDM Bulacan
CHICKEN SJDM Livestock Liana Road, Paradise P 85.00/kg
and Abattoir Inc. Farm Tungkong Mangga
SJDM Bulacan
BEEF SJDM Livestock Liana Road, Paradise P 320.00/kg
and Abattoir Inc. Farm Tungkong Mangga
SJDM Bulacan
FISH Fishta Seafood Inc. Nawasa Road, Brgy.
Sauyo Novaliches,
Bangus- P 90/kg
Quezon City

Tuna- P 130/kg

WASTE DISPOSAL REQUIREMENTS

Benefits of Waste Disposal Management Program

 Reduce environmental liability for your business.

33
  Raised staff morale and environmental awareness.
 Systematic control of your individual waste issue.
 Boost your business image for being environmentally aware.

Organizing a Waste Management Program

 Appoint a recycling coordinator to orchestrate the various program

components.
 Determine how much of the waste is made up of the various types of recyclable
materials.
 Determine the availability of potential markets for recyclable materials.
 Designate a different container with a signage of the three R’s.

Most of the food processing industry is working hard to reduce by-products,

compost organic waste, recycle processing and packaging materials, and conserve
energy and water. Reduce Reuse, and Recycle the three R's of waste management can
assist food makers in minimizing the quantity of trash sent to landfill.

Food maker faces a unique challenge nowadays, excess product has a short
shelf life, and the majority of waste is biological in nature. Food waste generated during
the manufacturing process can be converted into animal feeds and sold or donated to
piggery, poultry farms, and other livestock operations. TEAMEAT’s will use this kind of
method in reducing, recycling and reusing our waste through the means of WWTP or
wastewater treatment plant sludge by land application, anaerobic digestion, and other
methods.

REDUCE

1. Don't buy too much stock.

34
- While it may be tempting to ‘stock up' or buy in bulk when your supplier offers a good
price, doing so may result in you having more food than you require. And if the food is
too much it may result in spoilage and it will go to waste.

2. Food should be stored properly.

- Food must be stored in the proper conditions to maintain quality and avoid harmful
bacterial growth, both of which can quickly lead to food waste.

3. Stock rotation should be done on a regular basis.

- Guarantees that fresh product is always stored behind older stock, and that older
product is always utilized up first before it goes to waste. FIFO (First In, First Out)
should be practiced.

4. Keep a list or inventory of the items.

- maintain a detailed inventory of the goods in all of your storage spaces, including their
manufacturing date/expiry date or use-by/best-before dates, which you can refer to.
This keeps food from going to waste by preventing it from being forgotten.

RECYCLE

 Make a use of your trash.

 Donate or sell your trash to local farmers.
 Reuse the packaging materials if possible.

By transforming unwanted products into usable ones, recycling is the most

effective technique to turn trash into wealth. Recycling business has emerged as one of
the most creative and attractive businesses with high returns, as people’s knowledge of
a greener planet and Eco-consciousness grow.

REUSE

35
 Single use plastics such as cups, straws, gloves and now masks have generated
a ‘throw away’, ‘one won’t hurt’ culture. The rate that we all consume plastic products is
drastically becoming unimaginable; the plastic crisis has always been one of the world’s
biggest environmental challenges. In a race to reduce waste, TEAMEAT’s prompted to
reuse items in the workplace instead of replacing them. All we have to do is start by
focusing on a particular area within our business at a time, for instance the kitchen we
will use all the single use utensils and equipment for compostable and reusable options

BUILDING FACILITIES

TEAMEAT’s Frozen Food shop will be establish at L-1 B-31 Commonwealth Ave.
Novaliches Quezon City . The space required for the proposed frozen food shop is 90
square meters considering the space for the product display and customer’s area which
is 30 square meters, and the remaining 60 square meters is for manufacturing area,
storage or cold rooms, back office and staff room. The shop should be installed where
appropriate infrastructure, including electricity, water and sewage or drainage system,
can be secured. The shop shall be located in area reasonably free from bad odors,
smoke, flying ashes, dust or anything that can contaminate the products quality. Floor
shall be constructed of durable material which is easily cleanable and skid resistant,
interior walls shall be of a smooth and washable surface applied to its base and proper
ventilation or an efficient air-conditioning will be provided to the store, manufacturing
area, back office and staff room.

EMPLOYEE’S SCHEDULE

Below table shows the schedule of employee for the daily operation of the business.
Store Hours is 8:00 am to 5:00 pm from Monday to Saturday. Their rest day is Sunday
because we are giving the privileged of our personnel for their family day.

EMPLOYEES MON TUE WED THU FRI SAT SUN

ACCOUNTANT 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD

36
 – – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

GENERAL 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD
MANAGER – – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

SLICER 1 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD
– – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

MARINATING 1 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD
– – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

MARINATING 2 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD
– – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

PACKING 1 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD
– – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

PACKING 2 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD
– – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

CASHIER 1 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD
– – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

UTILITY 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD
– – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

ONLINE ADMIN 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD

37
1 – – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

DELIVERY BOY 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD
1 – – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

SALESPERSO 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD
N1 – – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

SALESPERSO 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am RD
N2 – – – – – –

5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm 5:00 pm

EMPLOYEE’S UNIFORM

PRODUCTION CREW UNIFORM

 Production crew should wear this thing (PPE, mask, apron gloves, shoe
cover) for their safety and for the cleanliness of the products.

38
CASHIER, SALES PERSON
 It is a combination of orange, white and black that represents the color of
our company logo.

39
MEAT PACKERS UNIFORM

40
FLOOR PLAN

41
The Floor layout designed to support the smooth process of our business. The area
total is 90 square meters 30 square meters for the product display and 60 square
meters for the production, storage, back office and staff room. On this layout shows the
different locations of our freezer’s and cooler’s. On the Main entrance you can see the
waiting area and product display for the walk in customer and also the cashier location.
Inside the store you can see the marinating department, break room, office room and
rest room. Mostly on our location are more of freezers and coolers since our product
need to freeze after the marinating for the best solution and good taste.

STORE PERSPECTIVE

42
 TEAMEAT’s STORE

SELLING AREA/DISPLAY ARE

43
 PRODUCTION AREA

Opening the business 15-Dec 19

Training and operation of employees 30-Nov 15

Recruitment of Employees 15-Nov 15

Set Up of the machinery and equipment 15-Oct 31

Recieving machinery and equipment 30-Sep 15

Placing order for the machinery and equipment 15-Sep 15

Renovation of business place 30-Aug 16

Advertising 30-Aug 77

Completion of Legal Request 24-Jul 37

Feasibility study 09-May 76

04-Jan 23-Feb 14-Apr 03-Jun 23-Jul 11-Sep 31-Oct 20-Dec 08-Feb

START DATE DURATION

GANTT CHART

44
 CHAPTER 4
ORGANIZATIONAL ASPECT
This chapter includes management descriptions, form of ownership,
organizational chart, store personnel, employment process, job description,
organizational policy and procedure and mandated benefits table that covers SSS,
PHILHEALTH and PAG-IBIG it also has salaries, employment benefits, phased
retirements and training and developments.

MANAGEMENT DESCRIPTION

Frozen Goods is a shop we will build in the time of pandemic. We think that this
business will grow and will be convenient to those people who are busy with their daily
lives and don't have enough time to prepare their daily foods and at the same time, it
can help people who do not want to go outside their house to buy food. Our business
will be managed on a general partnership basis with 7 persons as managing partners.
Each partner will have a contribution to the business whether through financing or sweat
equity and will have a designated task or position based on their capabilities that can
help oversee business operations and the business success.

FORM OF OWNERSHIP

The form of ownership that we chose was general partnership. We are

composed of 7 members all in college level, proposing a business project that has a
one million peso P 1,000,000.00 budget. Each partner provides money, property, labor,
or particular abilities, and they all share in the business's earnings and losses. In other
words, each partner participates in the management of the company and is responsible
for its liabilities and since seven people are there to share ideas and strategies to meet
the store goals and objectives, the business will be easier to manage and organize and
will run more successfully and efficiently.

45
 ORGANIZATIONAL CHART

TEAMEAT’S FROZEN GOODS

OWNER

GENERAL
ACCOUNTANT
MANAGER

ONLINE
MARINATOR CASHIER
ADMIN

SLICER SALES
PERSON

DELIVERY
PACKER MAN

STORE PERSONNEL
NAME EDUCATIONA AGE CIVIL SKILL YEAR
L STATU HIRED
BACKGROUN S
D
GENERAL College 24-40 Single/ ● Excellent verbal and Nov.
MANAGER graduate of Married written communication 2021
business ● Strong leadership
management qualities
● Highly organized.
● Strong work ethic.
ACCOUNTANT College 24- Single ● Excellent in math. Nov.
graduate of 40 ● Excellent verbal and 2021
business written communication

46
 accountancy
SLICER At least High 24-45 Single/ ● Preferably with Nov.
School Married experience being 2021
Graduate butcher
MARINATOR 1 At least High 24-45 Single/ ● With relevant Nov.
School Married experience 2021
Graduate ● Good at memorizing
MARINATOR 2 At least High 24-45 Single/ ● With relevant Nov.
School Married experience 2021
Graduate ● Good at memorizing
PACKER 1 At least High 24-45 Single/ ● With relevant Nov.
School Married experience 2021
Graduate ● Flexible
PACKER 2 At least High 24-45 Single/ ● With relevant Nov.
School Married experience 2021
Graduate ● Flexible
CASHIER College 23-40 Single ● Basic Math Nov.
graduate ● Time management 2021
● Product Management
UTILITY At least High 24-40 Single- ● With relevant Nov.
School Married experience 2021
Graduate ● Flexible and hard
working
ONLINE ADMIN College 24-40 Single- ● Excellent verbal and Nov.
Graduate Married written communication 2021
● Telephone Etiquette
DELIVERY At least High 25-45 Single- ● Familiarity with local Nov.
PERSON 1 School Married streets, 2021
graduate neighborhoods, and
routes.
● Ability to work under

47
 pressure
SALESPERSON At least High 24-45 Single- ● Excellent verbal and Nov.
1 School Married written communication 2021
graduate ● Good in customer
service
SALESPERSON At least High 24-45 Single- ● Excellent verbal and Nov.
2 School married written communication 2021
graduate ● Good in customer
service

EMPLOYMENT PROCESS

Receipt of application

The time at which the application is acknowledged and considered accepted by

the store manager and they will respond to the applicant that they can proceed to the
next process which is the initial interview.

Screening/Initial Interview

It is a quick employment interview used to see if you're qualified for the position.
This kind of interview usually consists of a brief overview of your background followed
by a few questions.

Personality and aptitude test

Employers analyze your appropriateness based on your behavior and how you
approach your work via personality evaluations. This will be used to see how well you
will fit into the organization and its culture, whereas aptitude tests will examine a specific
or general set of skills, depending on the sort of job you are applying for.

Final Interview

48
 It'll most likely be your last chance to speak with interviewers before learning
whether or not you'll get the job offer. This is your last opportunity to create a solid first
impression on a potential employer.

Health Examination

A pre-employment medical examination, which may include a drug test as well as

a full physical examination, is frequently required as part of the hiring process. This is
usually the final stumbling block a worker must overcome before being officially hired.
The test is mostly used in the workplace to ensure employee safety.

Selection of eligible applicants

The process of selecting or choosing the best candidate for a vacant employment
position in a company is known as selection. In other terms, selection can be defined as
the process of interviewing candidates and evaluating their qualifications for a certain
job, followed by the selection of the best candidate for the job. The selection of the best
candidate for a vacant position will be a valuable asset to the business, assisting it in
achieving its goals.

JOB DESCRIPTION

POSITION JOB DESCRIPTION

GENERAL MANAGER Develops a short and long term plan and implementing the
store strategic programs and oversees the operational and
financial functions and performance of the store. Sets specific and
strategic goals, communicates well with others on behalf of the
store and leads the development process of the store.

49
ACCOUNTANT Monitors the financial status of the store and provides an
accurate financial statement and ensures to comply with all the
financial documents needed to provide related to the legalities
required by the government.
PRODUCTION CREW This includes the slicer, marinator and packer. They are in
charge of operating machinery and preparing goods. Receive,
check and store raw materials. Assembling and inspecting
products, ensuring that all machines and other equipment are
working in good condition. Assisting in the packaging and
distribution of the products are also part of the job description for a
production crew.

CASHIER The primary responsibility of a cashier is to help customers

with the in-store check-out process. Ringing up sales, bagging
things, requesting price checks, honoring coupons, collecting
payment, and issuing appropriate change  are one of the task a
cashier must have to do. At the end of each shift, count the money
in the cash register drawer and keep track of receipts, records, and
withdrawals.

ONLINE ADMIN In-charge of everything that happens on the store's website.

This includes publishing and presenting the goods, ensuring that
all links are functional, updating the database, and, of course,
providing excellent customer support. To ensure that the online
business functions effectively, the online administrator must always
reply to emails and phone calls from both their clients and
suppliers.

SALESPERSON Often known as a salesman, an expert in selling. In a

pleasant and experienced manner, the salesperson pays special
attention to the consumer in order to meet their purchasing
demands. This expert does more than just sell products to
customers.

UTILITY Cleaning and maintaining store premises and equipment is

the responsibility of utility personnel. Their duties include
maintaining store facilities, repairing damaged equipment, and

50
 adhering to health and safety regulations.

DELIVERY BOY A delivery man's major responsibility is to transport things from

production centers to clients. The delivery person is in charge of
taking down the address and delivering the items to the customer
who placed the home delivery order. He must ensure that the
correct products are delivered to the relevant consumer in a timely
manner. He's also in charge of getting the customer to pay the
correct amount.

ORGANIZATIONAL POLICY AND PROCEDURES

Policies and Procedures are an important aspect of every corporation because

they provide a foundation of internal control that helps employees to understand their
duties and responsibilities within set boundaries.

Here are some conditions in our business:

 Employees are expected to devote his/her time and energy toward the
performance of their duties and responsibilities assigned to him/her.
 Any business not related to work is prohibited.
 No late and No absent
 No gossiping
 No shoplifting
 All employees/staff are not allowed to use any gadgets while on duty.
 All employees/staff are entitled to receive 60 minutes or 1 hour break at
lunch and 30minutes daily for a coffee.

Uniform Policy

 All employees/staff should wear proper uniform according to the rules.

Employees/ staff must wear company uniforms from Monday to Saturday.

51
  All employees should have clean hands and short fingernails
 Grooming
 Men are not allowed to grow their mustaches.

Duty to Report

 All employees have a duty to report any violations of the store policies
and procedures, it’s important to note that failure to report violations can
have substantial consequences.

Rules of conduct

 Employees are required to obey instruction and perform work as required

or assigned. Any insubordination or failure to obey lawful instruction with
regard to work and behavior will result in disciplinary action.
 Employees should respect the person, rights and properties of all who
work with them, particularly our customers. Acts of, or even attempts to
cause physical or psychological harm, injury, damage, loss and situations
to endanger safety and well-being of the stated persons will be subjected
to disciplinary action.
 Employees are not allowed to leave the job without permission or conduct
personal affairs while on duty.

Security Policies

 All employees (on duty or not) shall have their bags inspected by the
security personnel before going in and when coming out.
 All items taken out from the store and business establishment should be
presented to the security personnel.
 All employees are obliged to follow the store’s rules and policies.

Drug Abuse Prevention Policy & Procedures

52
  Since the drug has harmful effects on the physical and well-being of its
employees, the store is committed to maintaining a drug free environment.
In keeping with this commitment, drug abuse is hereby prohibited in any
form. The store’s policy is to employ a work force free from use of
dangerous drugs, either on or off the job.

Confidential Information

The employees shall hold and treat all confidential information in strict confidence
and will not disclose in any manner whatsoever, in whole or part and will not use the
confidential information without the store’s prior written consent.

Termination for cause can occur in such situations:

 Unacceptable Personal Conduct

 Unsatisfactory Job Performance
 Violence or threatened violence
 Gross and habitual neglect of duty
 Fraud
 Sexual harassment

Resignation from work will only take effect after the last salary after submission of
resignation letter and after the resigning employee complies with the store clearance on
accountabilities.

MANDATED BENEFITS

SSS Contribution Table (13%)

53
 Monthly Total 
ER  EE 
Positions Salary EC Contribution
(8.5%) (4.5%)

GENERAL 
20,000 1,700 900 30 2630
MANAGER

ACCOUNTANT 17,000 1,445 765 30 2240

MARINATOR 1 13,962 1,187 628 30 1,845

MARINATOR 2 13,962 1,187 628 30 1,845

SLICER 1 13,962 1,187 628 30 1,845

ONLINE ADMIN 1 13,962 1,187 628 30 1,845

CASHIER 1 13,962 1,187 628 30 1,845

SALESPERSON 1 13,962 1,187 628 30 1,845
SALESPERSON 2 13,962 1,187 628 30 1,845
UTILITY 13,962 1,187 628 30 1,845
PACKER 1 13,962 1,187 628 30 1,845
PACKER 2 13,962 1,187 628 30 1,845
DELIVERY BOY 1 13,962 1,187 628 30 1,845
**
Expr
** **
** Expression is essio ** Expression
TOTAL Expression Expression
faulty ** n is is faulty **
is faulty ** is faulty **
faulty
**

PHILHEALTH CONTRIBUTION TABLE

Basic Salary (3.5%)

Monthly Total
ER EE
Positions Salary Contribution

54
 GENERAL
20,000 350 350 700
MANAGER

ACCOUNTANT 17,000 297.50 297.50 595

MARINATOR 1 13,962 244.34 244.34 489
MARINATOR 2 13,962 244.34 244.34 489
SLICER 1 13,962 244.34 244.34 489
ONLINE ADMIN 1 13,962 244.34 244.34 489
PAG-IBIG Contribution Table (2%)
CASHIER 1 13,962 244.34 244.34 489

SALESPERSON 1 13,962 244.34 244.34 489

Total
Monthly
ER EE Contributio
SALESPERSON 2
Positions 13,962
Salary 244.34 244.34 489
n
UTILITY 13,962 244.34 244.34 489
GENERAL
PACKER 1 20,000
13,962 244.34
200.00 244.34
200.00 489
400.00
MANAGER
PACKER 2 13,962 244.34 244.34 489
ACCOUNTANT 17,000 170.00 170.00 340.00
DELIVERY BOY 1 13,962 244.34 244.34 489
MARINATOR 1 13,962 139.62 139.62 279.24
** ** **
MARINATOR 2 ** Expression is
TOTAL 13,962 Expression
139.62 Expression
139.62 Expression
279.24
faulty **
is faulty ** is faulty ** is faulty **
SLICER 1 13,962 139.62 139.62 279.24
ONLINE ADMIN 1 13,962 139.62 139.62 279.24

CASHIER 1 13,962 139.62 139.62 279.24

SALESPERSON 1 13,962 139.62 139.62 279.24

SALESPERSON 2 13,962 139.62 139.62 279.24

UTILITY 13,962 139.62 139.62 279.24

PACKER 1 13,962 139.62 139.62 279.24

PACKER 2 13,962 139.62 139.62 279.24

DELIVERY BOY 1 13,962 139.62 139.62 279.24

55
**
** Expression is ** Expression ** Expression
TOTAL Expression
faulty ** is faulty ** is faulty **
is faulty **
 PAG-IBIG Contribution Table (2%)

Total
Monthly
ER EE Contributio
Positions Salary
n

GENERAL
20,000 200.00 200.00 400.00
MANAGER

ACCOUNTANT 17,000 170.00 170.00 340.00

MARINATOR 1 13,962 139.62 139.62 279.24
MARINATOR 2 13,962 139.62 139.62 279.24
SLICER 1 13,962 139.62 139.62 279.24
ONLINE ADMIN 1 13,962 139.62 139.62 279.24

CASHIER 1 13,962 139.62 139.62 279.24

SALESPERSON 1 13,962 139.62 139.62 279.24

SALESPERSON 2 13,962 139.62 139.62 279.24

UTILITY 13,962 139.62 139.62 279.24

PACKER 1 13,962 139.62 139.62 279.24

PACKER 2 13,962 139.62 139.62 279.24

DELIVERY BOY 1 13,962 139.62 139.62 279.24

**
** Expression is ** Expression ** Expression
TOTAL Expression
faulty ** is faulty ** is faulty **
is faulty **

SALARIES

EMPLOYEES MONTHLY

56
 SALARIES
20,000
GENERAL MANAGER
17,000
ACCOUNTANT
13,962
MARINTOR 1
13,962
MARINATOR 2
13,962
SLICER 1
13,962
ONLINE ADMIN 1
13,962
CASHIER 1
13,962
SALESPERSON 1

SALESPERSON 2 13,962

UTILITY 13,962

PACKER 1 13,962

PACKER 2 13,962

DELIVERY BOY 1 13,962

EMPLOYMENT BENEFITS

 Performance Bonus
 Employee Purchase Discount
 Gift Check Reward
 5 days Yearly Paid Leave Allowance

PHASED RETIREMENT
If an employee retires it depends on how long he or she has been with the
company, if he/she is 61yrs. old we can only pay for the service he/she provided
and years of services.
Benefits:

57
 The minimum requirement pay shall be equivalent to one half (1/2) month
salary for every year of service, a fraction of at least 6 months being considered
as 1 whole year.
 15 days salary base on the latest salary rate
 Cash equivalent of 5 days of service incentive leave.
 1-12 of thirteen month pay.
 ( 1/12x537/12= 0.83x44.75= 37.14

TRAINING AND DEVELOPMENT

The Training and Development was a sub-system of an organization which
emphasized and monitored the improvement of an individual in the organization.

Orientation
It's most commonly utilized to expose a new employee to the company's work
culture. It consists of a few lecture sessions, meetings with supervisors, and information
about the organization's history. This training is intended to ensure that the newcomer
feels welcomed in the organization and is aware of their job responsibilities, the
organization's aims and objectives, policies, and the rules and regulations that must be
followed.

Team Building Exercise

Team-building practice is linked to human behavior. It comprises exercises that

can help improve group dynamics and management-worker relationships. It could take
the form of an outdoor or a brainstorming session at work.

Simulation
The Simulation was used in the corporate strategy to enhance business
awareness and management skills of an individual. It can be used to construct games
based on real-life situations. The advantages of these simulations are that employees
gain a better understanding of the entire organizational structure and can research real-
world challenges in order to find applicable answers.

Self-Directed Learning

58
 Self-Directed Learning was needed for one individual to gain other knowledge and
skill to other people by adapting their experiences in the business. Different types of
self-directed training include individualized education, programmed learning,
personalized learning systems, correspondence study, and learner-controlled
instruction. Employees are in charge of their own education in this environment.

Succession Training
The Succession training was performing in the organization to have a new leader
and replaced the old leader. It's a kind of on-the-job training wherein a new employee
works alongside an experienced employee and learns job-related skills while doing the
job.

On The Job Training

On the Job Training that is the time how they apply the knowledge and skills that
they learned and how they performed it on the place of their work, and also how they
impress the management to their performance. It can help employees maintain,
improve, or increase their knowledge, skills, and talents.

CHAPTER V

59
 FINANCIAL ASPECTS

This study is done to determine and evaluate the projects capital requirements,
possible sources of financing including the sales volume, forecast of operating revenue
cost and expenses and the result of operation. The basic projected financial statement
that are included in financial study are the statement of financial position, statement of
comprehensive income and the statement pf cash flow.

STATEMENT OF ASSUMPTION

1. The business will be classified as a general partnership with a capital of

1,000,000
2. It will be assume that the business will be have a slow turnover of employees
3. All the capital needed and other operating expenses are finance by the partners’
contribution.
4. The partners have equal shares to assets liability of the current business
5. A petty cash fund Php5, 000.00 will maintained on the cashiers drawer
6. Freight out will increase 3% every year
7. Expenses like Machine and equipments, Office equipments, Furniture and fixture
and kitchen tools will increase a hundred percent every year.
8. Renovation of the place will increase 100% every year
9. Cleaning supply increase 3% every year
10. Raw materials and packaging inventory will increase 15% annually
11. Advertising expenses includes flyers, newspaper, visual displays, e-mail and
social media promotions will increase by 3% annually.
12. Discrepancy in decimal places is to rounding off.

SALES VOLUME

60
 In order for us to start its operation, the fund needed in this business is Php
1,000,000.00 as the total capital. To determine where the project is viable and profitable
5 years will be projected.

The statement of Financial Position is another name for balance sheet. It

determines the liquidity of the business that reports the assets, liability and equity of a
business that can easily be converted into cash. It measures the stability of the
business.

Table 1.1 Sales Volumes (Daily, Monthly, Yearly)

SALES VOLUME

NAME OF DAILY SALES MONTHLY SALES  YEARLY SALES

PRODUCT VOLUME VOLUME VOLUME

EMBUTIDO 60 1,560 18,720

DAING NA
10 260 3,120
BANGUS

TOCINO 15 390 4,680

TAPA 10 260 3,120

MARINATED
15 390 4,680
PORK
MARINATED
10 260 3,120
CHICKEN

LONGGANISA 15 390 4,680

MARINATED
10 260 3,120
TUNA

61
 BURGER PATTY 16 416 4,992

FISH SHANGHAI 10 260 3,120

CHICKEN
15 390 4,680
SHANGHAI

PORK SHANGHAI 15 390 4,680

** Expression is ** Expression is ** Expression is

TOTAL SALES
faulty ** faulty ** faulty **

AVERAGE SALES

AVERAGE
SALES VOLUME SALES
UNIT COST
P ** Expression is faulty
DAILY 201 115.00
**.00

MONTHLY 5,226 115.00 P 600,990.00

YEARLY 62,712 115.00 P 7,211,880.00

Table 1.2 Projected fixed asset depreciation

62
 PROJECTED FIXED ASSETS DEPRECIATION

MACHINE AND EQUIPMENTS DEPRECIATION

Price Quan Total Depre Numb Salvag 2022. 2023. 2024.0 2025.0 2026.0
tity ciation ers of e value 00 00 0 0 0
cost years

Freezer 18,00 3 54,00 10% 7 25,828 4024. 8049. 12073. 16098. 20122.
0 0 .03 57 13 70 27 83

Generator 38,00 1 38,00 10% 7 18,175 2832. 5664. 8496.3 11328. 14160.
0 0 .28 10 21 1 41 51

Weighing 1,200 4 4,800 10% 7 2,295. 357.7 715.4 1073.2 1430.9 1788.7
scale 83 4 8 2 6 0

Meat 7,500 2 15,00 10% 7 7,174. 1117. 2235. 3353.8 4471.7 5589.6
grinder 0 45 94 87 1 4 8

Meat 6,800 2 13,60 10% 7 6,504. 1013. 2027. 3040.7 4054.3 5067.9
slicer 0 84 59 19 8 8 7

Meat 28,50 1 28,50 10% 7 13,631 2124. 4248. 6372.2 8496.3 10620.
storage 0 0 .46 08 15 3 1 38

Herbs and 5,000 1 5,000 10% 7 2,391. 372.6 745.2 1117.9 1490. 1863.2
species 48 5 9 4 58 3
cabinet

Air 12,99 3 38,97 10% 7 18,639 2904. 5808. 8713.1 11617 14521.
conditione 0 0 .23 40 79 9 .58 98
r

Fire 1,250 4 5,000 10% 7 2,391. 372.6 745.2 1117.9 1490. 1863.2
extinguish 48 5 9 4 58 3
er

63
Motorcycle 30,00 1 30,00 10% 7 14,348 2235. 4471. 6707.6 8943. 11179.
0 0 .91 87 74 1 48 35

232,8 10% 7 111,38 17355 34711 52066. 69422 86777.

TOTAL
70 1.00 .57 .14 71 .29 86

OFFICE EQUIPMENTS DEPRECIATION

Price Quan Total Depre Numb Salvag 2022 2023 2024 2025 2026
tity ciation  er of y e valu
cost ears e 
Computer  15,50 3 46,50 10% 7 22,240 3465. 6931. 10396. 13862 17328.
set 0 0 .81 60 20 80 .40 00
POS mach 5,000 2 10,00 10% 7 4,782. 745.2 1490. 2235.8 2981. 3726.4
ine 0 97 9 58 7 16 5
Screen mo 5,000 1 5,000 10% 7 2,391. 372.6 745.2 1117.9 1490. 1863.2
nitor 48 5 9 4 58 3
CCTV ca 1,200 2 2,400 10% 7 1,147. 178.8 357.7 536.61 715.4 894.35
mera 91 7 4 8
Printer 3000 1 3,000 10% 7 1,434. 223.5 447.1 670.76 894.3 1117.9
89 9 7 5 4
TOTAL 2 66,90 10% 7 31,998 4985. 9971. 14957. 19943 24929.
0 .06 99 98 97 .96 96
FURNITURE AND FIXTURES DEPRECIATION
Price Quant Total Depre Numb Salvag 2022 2023 2024 2025 2026
ity ciation  er of y e valu
cost ears e 
Table and  7,500 2 15,0 10% 7 7,174. 1117. 2235. 3353. 4471.7 5589.6
chairs 00 45 94 87 81 4 8
Couch 5,000 2 10,0 10% 7 4,782. 745.2 1490. 2235. 2981.1 3726.4
00 97 9 58 87 6 5
Long table  10,00 1 10,0 10% 7 4,782. 745.2 1490. 2235. 2981.1 3726.4
with 6 chai 0 00 97 9 58 87 6 5
rs
TOTAL 35,0 10% 7 16,740 2608. 5217. 7825. 10434. 13042.

64
 00 .39 52 03 55 06 58
KITCHEN TOOLS DEPRECIATION
Pric Qua Tot Depr Num Salv 202 202 202 202 202
e ntity al eciati bers age 2 3 4 5 6
on of valu
cost years e
Measuring 35 11p 35 10% 7 16.7 2.6 5.2 7.8 10.4 13
cup and cs/s
spoon et
Mixing 650 6pc 650 10% 7 310. 48.4 96.8 145. 193. 242
bowl s/se 9 2 6
t
Tongs 190 3 570 10% 7 272. 42.5 85 127. 170 215.
6 5 5
Peeler 30 3 90 10% 7 43.0 6.7 13.4 20.1 26.8 33.5
5
Cutting 150 3 450 10% 7 215. 33.5 67 100. 134 167.
boards 2 5 5
Pork and 35 4set 140 10% 7 66.9 10.4 20.8 31.2 41.6 52
spoon

Frying pan 750 3pc 750 10% 7 358. 55.9 111. 167. 223. 279.
s/se 7 8 7 6 5
t
Strainer 120 2 240 10% 7 118. 17.9 35.8 53.7 71.6 89.5
8

Food 100 20 240 10% 7 956. 149. 298. 447. 596. 745.
Container 6 1 2 3 4 5

Knife 320 6pc 320 10% 7 153. 23.9 47.8 71.7 95.6 119.

65
 s/se 1 5
t
Total 5,2 10% 7 2,50 390. 781. 1,17 1,56 1,95
45 8.7 9 8 2.7 3.6 4.5

RENOVATIONOF THE PLACE DEPRECIATION

Depreciat Number Salvage 2022 2023 2024 2025 2026

Amount
ion rate of years value

Total 56,000 10% 7 26,784.63 4173.62 5217.03 7825.5 10434 13042.

5 .06 58

TOTAL DEPRECIATION PER YEAR

2022 2023 2024 2025 2026

29,514.61 59,029.22 88,543.82 118,058.43 147,573.04

Table 1.3 Projected Statement of Comprehensive Income

TEAMEAT' FROZEN GOODS

66
 PROJECTED STATEMENT OF COMPREHENSIVE INCOME
AS OF DECEMBER 31, 2022

ASSUMPTIONS 2022 2023 2024 2025 2026

REVENUE

SALES VOLUME
62,712 72,119 82,937 95,377 109,684

AVERAGE UNIT COST

₱115.00 ₱115.00 ₱115.00 ₱115.00 ₱115.00

TOTAL SALES: ₱7,211,880.00 ₱8,293,662.00 ₱9,537,711.30 ₱10,968,368.00 ₱12,613,623.19

COST OF GOODS SOLD

RAW MATERIALS
INVENTORY 313,020.00 359,973.00 413,968.95 476,064.29 547,473.94
OPENING

ADDITIONAL RAW
MATERIALS
3,443,220.00 3,959,703.00 4,553,658.45 5,236,707.22 6,022,213.30
INVENTORY
PURCHASES

TOTAL COGS: ₱3,756,240.00 ₱4,319,676.00 ₱4,967,627.40 ₱5,712,771.51 ₱6,569,687.24

GROSS PROFIT:
₱3,455,640.00 ₱3,973,986.00 ₱4,570,083.90 ₱5,255,596.49 ₱6,043,935.96

OPERATING EXPENSES

SELLING EXPENSES:

SALARIES
1,675,440.00 1,675,440.00 1,675,440.00 1,675,440.00 1,675,440.00

MANDATED
BENEFITS 188,515.20 188,515.20 188,515.20 188,515.20 188,515.20

FREIGH OUT
15,600.00 16,068.00 16,550.04 17,046.54 17,557.94

67
MACHINERIES AND
EQUIPMENTS
DEPRECIATION 17,355.57 34,711.14 52,066.71 69,422.29 86,777.86

TOTAL ₱1,896,910.77 ₱1,914,734.34 ₱1,932,571.95 ₱1,950,424.03 ₱1,968,291.00

ADMINISTRATIVE
EXPENSES:

SALARIES
611,544.00 611,544.00 611,544.00 611,544.00 611,544.00

MANDATED
BENEFITS 68,801.52 68,801.52 68,801.52 68,801.52 68,801.52

PERMIT AND
LICENSE 5,300.00 5,300.00 5,300.00 5,300.00 5,300.00

OFFICE
EQUIPMENTS
DEPRECIATION 4,985.99 9,971.98 14,957.97 19,943.96 24,929.96

MARKETING
EXPENSES 12,000.00 12,360.00 12,730.80 13,112.72 13,506.11

OFFICE SUPPLY
4,800.00 4,800.00 4,800.00 4,800.00 4,800.00

₱707,431.51 ₱712,777.50 ₱718,134.29 ₱723,502.21 ₱728,881.58

TOTAL

GENERAL
EXPENSES:

RENTAL FEE
120,000.00 120,000.00 120,000.00 120,000.00 120,000.00

UTILITIES
170,338.00 170,338.00 170,338.00 170,338.00 170,338.00

FURNITURES &
FIXTURES
DEPRECIATION 2,608.52 5,217.03 7,825.55 10,434.06 13,042.58

REPAIRS &
50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
MAINTAINANCE

68
 KITCHEN TOOLS
DEPRECIATION 390.90 781.81 1,172.71 1,563.62 1,954.52

RENOVATION
DEPRECIATION 4,173.62 8,347.25 12,520.87 16,694.50 20,868.12

CLEANING SUPPLIES
4,810.00 4,954.30 5,102.93 5,256.02 5,413.70

TOTAL ₱352,321.04 ₱359,638.39 ₱366,960.06 ₱374,286.20 ₱381,616.92

(OA) TOTAL
EXPENSES: ₱2,956,663.33 ₱2,987,150.24 ₱3,017,666.31 ₱3,048,212.43 ₱3,078,789.50

NET INCOME
BEFORE TAX ₱498,976.67 ₱986,835.76 ₱1,552,417.59 ₱2,207,384.05 ₱2,965,146.46

TAX RATE
₱124,744.17 ₱246,708.94 ₱388,104.40 ₱551,846.01 ₱741,286.61
25%

NET INCOME AFTER

TAX ₱374,232.50 ₱740,126.82 ₱1,164,313.19 ₱1,655,538.04 ₱2,223,859.84

COMPREHENSIVE
INCOME (OR LOSS) ₱374,232.50 ₱740,126.82 ₱1,164,313.19 ₱1,655,538.04 ₱2,223,859.84

Table 1.4 Projected Statement of Cash Flow

69
 TEAMEAT' FROZEN GOODS

PROJECTED STATEMENT OF CASH FLOW

AS OF DECEMBER 31, 2022

Assumption Notes 2022 2023 2024 2025 2026

CASH OUTFLOW

renovation 13 56,000.00

other non- 21
340,015.00
current assets
raw materials 17
and packaging 3,756,240.00 4,319,676.00 4,967,627.40 5,712,771.51 6,569,687.24
inventory

rent expense 4 120,000.00 120,000.00 120,000.00 120,000.00 120,000.00

salaries 1 2,286,984.00 2,286,984.00 2,286,984.00 2,286,984.00 2,286,984.00

mandated 2
257,316.72 257,316.72 257,316.72 257,316.72 257,316.72
benefits

office supplies 11 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00

marketing 7
12,000.00 12,360.00 12,730.80 13,112.72 13,506.11
expense
cleaning 14
4,810.00 4,954.30 5,102.93 5,256.02 5,413.70
supplies
utilities 15
170,338.00 170,338.00 170,338.00 170,338.00 170,338.00
expense
repair & 16
50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
maintenance

freight out 6 15,600.00 16,068.00 16,550.04 17,046.54 17,557.94

license & 5
5,300.00 5,300.00 5,300.00 5,300.00 5,300.00
permits

income tax 18 124,744.17 246,708.94 388,104.40 551,846.01 741,286.61

total
operating ₱7,204,147.89 ₱7,494,505.96 ₱8,284,854.29 ₱9,194,771.53 ₱10,242,190.31
expense

70
 CASH INFLOWS

Beginning
1,007,732.11 1,806,888.15 3,059,745.16 4,833,341.63
Balance

cash receives 20 1,000,000.00

(capital)

total cash ₱11,344,599.4 ₱14,028,113.1

₱8,211,880.00 ₱9,301,394.11 ₱17,446,964.83
inflows 5 6

Ending
₱1,007,732.11 ₱1,806,888.15 ₱3,059,745.16 ₱4,833,341.63 ₱7,204,774.52
Balance

Table 1.5 Projected Statement of Financial Position

TEAMEAT' FROZEN GOODS

PROJECTED FINANCIAL POSITION (BALANCE SHEET)
AS OF DECEMBER 31, 2022
ASSUMPTI Notes
2022 2023 2024 2024 2024
ON
ASSETS:

CURRENT
ASSET
CASH ₱1,007,732. ₱1,806,88 ₱3,059,745. ₱4,833,341 ₱7,204,774.
11 8.15 16 .63 52

TOTAL
₱1,007,732. ₱1,806,88 ₱3,059,745. ₱4,833,341 ₱7,204,774.
CURRENT
11 8.15 16 .63 52
ASSET

NON-
CURRENT
ASSET

71
KITCHEN 12
5,245.00 4,854.10 4,072.29 2,899.57 1,335.95
TOOLS
MACHINE 9
& 215,514.4
232,870.00 180,803.29 128,736.57 59,314.28
EQUIPMEN 3
T
OFFICE 11
EQUIPMEN 66,900.00 61,914.01 51,942.03 36,984.05 17,040.09
TS
FURNITUR 10
ES & 35,000.00 32,391.48 27,174.45 19,348.91 8,914.85
FIXTURES
RENOVATI 13
56,000.00 51,826.38 43,479.13 30,958.25 14,263.75
ON

₱396,015.0 ₱366,500. ₱307,471.1 ₱218,927.3 ₱100,868.9

TOTAL
0 39 8 5 2

LESS:
ACCUMUL 8
ATED
29,514.61 59,029.22 88,543.82 118,058.43 147,573.04
DEPRECIA
TION

TOTAL
NON-
CURRENT ₱366,500.3 ₱307,471. ₱218,927.3 ₱100,868.9 (₱46,704.11
ASSETS 9 18 5 2 )

TOTAL ₱1,374,232. ₱2,114,35 ₱3,278,672. ₱4,934,210 ₱7,158,070.

ASSETS 50 9.33 52 .56 40

LIABILITIE
S

CURRENT
LIABILITIE
S

72
EQUITIES

PARTNER' 20
S
CONTRIBU 1,000,000.0 1,374,232. 2,114,359.3 3,278,672. 4,934,210.5
TION 0 50 3 52 6

RETAINED 18
EARNINGS
(NET 740,126.8 1,164,313.1 1,655,538. 2,223,859.8
374,232.50
INCOME) 2 9 04 4

TOTAL
LIABILITIE
S AND ₱1,374,232. ₱2,114,35 ₱3,278,672. ₱4,934,210 ₱7,158,070.
OWNER'S 50 9.33 52 .56 40
EQUITY

Table 1.6 Note 1

Note 1: Employees Salary

EMPLOYEES SALARY MONTHLY YEARLY

GENERAL MANAGER 20,000 240,000
ACCOUNTANT 17,000 204,000
MARINATOR 1 13,962 167,544
MARINATOR 2 13,962 167,544
SLICER 1 13,962 167,544
ONLINE ADMIN 1 13, 962 167,544
CASHIER 1 13, 962 167,544
SALESPERSON 1 13, 962 167,544

73
 SALESPERSON 2 13, 962 167,544
UTILITY 1 13, 962 167,544
PACKER 1 13, 962 167,544
PACKER 2 13,962 167,544
DELIVERY BOY 1 13, 962 167,544

Table 1.7 Note 2

Note 2: Employees Benefits

SSS PHILHEALTH PAG-IBIG

Monthl Yearly Monthl Yearly Monthly Yearly
POSITION
y y
GENERAL 2,630 31,560 700 8,400 400 4,800
MANAGER
ACCOUNTANT 2,240 26,880 595 7,140 240 2,880
MARINATOR 1,845 22, 140 489 6,300 279.24 3,350.88
SLICER 1 1,845 22, 140 489 6,300 279.24 3,350.88
80SLICER 2 1,845 22, 140 489 6,300 279.24 3,350.88
ONLINE ADMIN 1,845 22, 140 489 6,300 279.24 3,350.88
CASHIER 1,845 22, 140 489 6,300 279.24 3,350.88
SALES 1,845 22, 140 489 6,300 279.24 3,350.88
PERSON 1
SALES 1,845 22, 140 489 6,300 279.24 3,350.88
PERSON 2
UTILITY 1,845 22, 140 489 6,300 279.24 3,350.88
PACKER 1,845 22, 140 489 6,300 279.24 3,350.88
DELIVERY BOY 1,845 22, 140 489 6,300 279.24 3,350.88
TOTAL 25,165 279,840 6,674 78,540 3,811.64 41,188.8

74
Table 1.8 Note 3

Note 3: Cost of Goods

COST OF 2022 2023 2024 2025 2026

GOODS
Raw materials ₱3,756,240.0 ₱4,319,676.0 ₱4,967,627.4 ₱5,712,771.5 ₱6,569,687.2
and Packaging 0 0 0 1 4
Total ₱3,756,240.0 ₱4,319,676.0 ₱4,967,627.4 ₱5,712,771.5 ₱6,569,687.2
0 0 0 1 4

Table 1.9 Note 4

Note 4: Rent Expense

Rent Expense
Monthly Annually
10,000 120,000

Table 1.10 Note 5

Note 5: Permits and Licenses

Permits and Licenses

Total 12,000
Table 1.11 Note 6

Note 6: Freight Out

Freight Out
Monthly Annually
1,500.00 18,000.00

Table 1.10 Note 7

Note 7: Marketing Expense

Marketing Expense

monthly Annually

75
 1,000.00 12,000.00

Table 1.11 Note 8

Machine and Price Quantit Total Numbers Annual
Note 8:
Equipments y of years Depreciation
Freezer 18,000 3 54,000 7 4024.57

Generator 38,000 1 38,000 7 2832.10

Weighing scale 1,200 4 4,800 7 357.74

Meat grinder 7,500 2 15,000 7 1117.94
Meat slicer 6,800 2 13,600 7 1013.59

Meat storage 28,500 1 28,500 7 2124.08

Herbs and 5,000 1 5,000 7 372.65

Spices Cabinet

Air Conditioner 12,990 3 38,970 7 2,904.40

Fire Distinguisher 1,250 4 5,000 7 372.65

Motorcycle 30,000 1 30,000 7 2,235.87

Total 232,870 7 17,355.57

Accumulated Depreciation

Accumulated 2022 2023 2024 2025 2026

Depreciation
Machine and 17,355.57 34,711.14 52,066.71 69,422.28 86,777.85
Equipments
Furniture and 2,608.52 5,217.04 7825.56 10,434.08 13,042.6
Fixtures
Office 4,985.99 9,971.98 14,957.97 19,946.96 24,929.95
Equipments
Kitchen tools 390.90 781.8 1,172.7 1,563.6 1,954.5

76
 Renovation of 4,173.62 8,374.24 12,520.86 16,694.48 20,868.1
the Place
Total 29,514.61 59,029.22 88,543.83 118,058.44 147,573.05
Machine and Price Quantit Total Numbers Annual
Equipments y of years Depreciation
Freezer 18,000 3 54,000 7 4024.57
Table
Generator 38,000 1 38,000 7 2832.10
1.12
Note 9 Weighing scale 1,200 4 4,800 7 357.74
Meat grinder 7,500 2 15,000 7 1117.94
Note 9:
Meat slicer 6,800 2 13,600 7 1013.59

Meat storage 28,500 1 28,500 7 2124.08

Herbs and 5,000 1 5,000 7 372.65

Spices Cabinet

Air Conditioner 12,990 3 38,970 7 2,904.40

Fire Distinguisher 1,250 4 5,000 7 372.65

Motorcycle 30,000 1 30,000 7 2,235.87

Total 232,870 7 17,355.57

Machine and Equipments

Office Equipments Price Quantit Total Number of  Annual

y years Depreciation
Computer set 15,500 3 46,500 7 3465.60
POS machine 5,000 2 10,000 7 745.29
Screen monitor 5,000 1 5,000 7 372.65
CCTV camera 1,200 2 2,400 7 178.87
Printer 3000 1 3,000 7 223.59
TOTAL 66,900 7 4985.99

77
 Office Equipments Price Quantit Total Number of  Annual
y years Depreciation
Computer set 15,500 3 46,500 7 3465.60
POS machine 5,000 2 10,000 7 745.29
Screen monitor 5,000 1 5,000 7 372.65
CCTV camera 1,200 2 2,400 7 178.87
Printer 3000 1 3,000 7 223.59
TOTAL 66,900 7 4985.99
Table 1.15 Note 12

Note 12: Kitchen Tools

Table 1.13 Note 10

Table 1.16 Note 13
Note 10: Furniture and Fixture
Note 13: Renovation of the Place

Kitchen Tools Price Quantity Amount Number Annual

of years Depreciation
Measuring cup 35 11pcs/set 35 7 2.6
and spoon
Mixing bowl 650 6pcs/ set 650 7 48.4

Tongs 190 3 570 7 42.5

Peeler 30 3 90 7 6.7

Cutting Boards 150 3 450 7 33.5

Spoon and Pork 35 4set 140 7 10.4

Frying pan 750 3pcs/set 750 7 55.9

Strainer 120 2 240 7 17.9

Food Container 100 20 2,000 7 149.1

Knife 320 6pcs/set 320 7 23.9

Total 5,245 7 390.90

78
Table 1.17 Note 14

Note 14: Cleaning Supply

Cleaning Supply Price Quantity Amount

Broom 85 3 255

Dustpan 50 3 150
Mops 125 2 250
Bucket 70 3 210
Feather Duster 60 1 60
Rags 45 4 180
Microfiber Cleaning 150 15pcs/set 150
Cloth
Toilet bowl brush 45 3 135
Scrub brush 35 5 175
Squeegee 120 2 240
Steal brush 35 3 105
Dishwashing 155 6gal 930
Bleaching liquid 145 6gal 870
Sponge 10 20 200
All purpose cleaner 150 6kg 900
Total 4,810
Table 1.18 Note 15

Note 15: Utilities Expenses

Utilities expenses
Monthly Annually
15,000.00 150,000.00

Table 1.19 Note 16

Note 16: Repair and Maintenance

79
 Repair and Maintenance
Monthly Annually
4,166.67 50,000

Description 2022 2023 2024 2025 2026

Gross Profit 3,455,640. 3,973,986. 4,570,083 5,255,596. 6,043,935.

00 00 .90 49 96
Total 2,956,663. 2,987,150. 3,017,666 3,048,212. 3,078,789.
Expenses 33 24 .31 43 50
Net Income 498,976.6 986,835.7 1,552,417 2,207,384. 2,965,146.
Before Tax 7 6 .59 05 46

Tax Rate 124,744.1 246,708.9 388,104.4 551,846.0 741,286.6

7 4 0 1 1
25%
Net Income 374,232.5 740,126.8 1,164,313 1,655,538. 2,223,859.
After Tax 0 2 .19 04 84
Comprehensi 374,232.5 740,126.8 1,164,313 1,655,538. 2,223,859.
ve Income (or 0 2 .19 04 84
loss)

Table 1.20 Note 17

Note 17: Raw Materials and Packaging Inventory

Raw materials and 2022 2023 2024 2025 2026

packaging inventory
Total 3,756,240. 4,319,676. 4,967,627 5,712,771 6,569,68
00 00 .40 .51 7.24
Table 1.21 Note 18

Note 18: Comprehensive Income

80
Table 1.22 Note 19

Note 18: Sales of Goods

Sales of Goods
Daily Monthly 2022 2023 2024 2025 2026

23,115 600,990 7,211,88 8,293,662 9,537,711.3 10,968,36 12,613,623

0 0 8 .19
Table 1.23 Note 20

Note 20: Partnership Capital

Partnership Capital

Total 1,000,000.00
Table 1.24 Note 21

Note 21: Other Non-current Asset

Other Non-current Asset Amount

Machine and Equipments 232,870
Furniture and Fixtures 35,000
Office Equipments 66,900
Kitchen tools 5,245

81
 Total 340,015

STRATEGY AND IMPLEMENTATION SUMMARY

Our strategy is to provide fulfillment, satisfaction, and happiness to our

customers, resulting in positive word-of-mouth as an effective but low cost advertising
for our business. Our store gets well-known and popular as a result of this. We will
prioritize our customer's demand and provide them with the level of service they desire.
Our staff will continue to attend workshops on how to provide excellent customer
service by teaching them how to communicate effectively. In order to establish the
greatest reputation in our industry, we will concentrate on the local market, focusing on
three specific market segments. During our first year of business, we will work hard to
raise brand recognition within our target market to become a part of their evaluative
component. We want to be the first name that comes to their mind when a member of
our target market decides they want frozen food.

COMPETITIVE EDGE

Our workers and dishes provide us a competitive advantage. We guarantee that

our workers communicate effectively with our customers. Our dishes will not taste like
anybody else's since we will utilize specific herbs and spices to enhance the flavor of
our food. We wouldn't have sold the product if the marinating time hadn't been
completed. Our objective is to maintain product consistency so that every client receives
the same high-quality, great-tasting frozen foods every time they come and buy. Our
store is firmly clean and sanitized from time to time with our team as we are concerned
for the health and safety of our customers.

SALES STRATEGY

82
 Our sales strategy is to create a business for individuals searching for food they
can easily cook in their daily meals, not only in the event of a pandemic, but also for
those who don't have time to prepare their daily meals. We will be using some special
herbs and spices for best result of our products. Our store's strategy is to ensure that
our customers are satisfied with the flavor of our frozen foods. It's not the conventional
flavor you'd expect from regular marinating. Our sales strategy prioritizes supplying our
target consumers with the best quality products and services. Once a consumer enters
our store, it is our responsibility to ensure that they have a pleasant experience with us.
Behind the counter, product selections and pricing will be prominently displayed, and
staffs will be taught on the ingredients and procedures involved with each one so they
can answer any and all customer questions.

SALES FORECAST
Due to the busy lifestyles of most consumers the desire for convenient meals has
raised, which indirectly promotes rising demand for frozen goods or the ready-to-cook
foods. As a result, the demand for frozen products rises. As we introduce best-quality
products and make improvements in e-commerce and delivery services. We assume
that we could gain a 3%-9% monthly growth over the next 12 months then continues
15% growth annually as we expand our business. The table and graphs below indicate
our sales predictions for the daily, first twelve months and within the next five years.

DAILY SALES FORECAST

UNITS SOLD AVERAGE UNIT

DAYS SALES
PER DAY PRICE

1 201 ₱23,075 ₱115

2 202 ₱23,190 ₱115
3 203 ₱23,305 ₱115
4 204 ₱23,419 ₱115
5 205 ₱23,534 ₱115
6 206 ₱23,649 ₱115
7 207 ₱23,764 ₱115
8 208 ₱23,879 ₱115
9 209 ₱23,993 ₱115

83
 10 210 ₱24,108 ₱115
11 211 ₱24,223 ₱115
12 212 ₱24,338 ₱115
13 213 ₱24,453 ₱115
14 214 ₱24,567 ₱115
15 215 ₱24,682 ₱115
16 216 ₱24,797 ₱115
17 217 ₱24,912 ₱115
18 218 ₱25,027 ₱115
19 219 ₱25,141 ₱115
20 220 ₱25,256 ₱115
21 221 ₱25,371 ₱115
22 222 ₱25,486 ₱115
23 223 ₱25,601 ₱115
24 224 ₱25,715 ₱115
25 225 ₱25,830 ₱115
26 226 ₱25,945 ₱115
TOTAL SALES 5551 ₱637,260 ₱115

DAILY SALES FORECAST

₱26,500 230
₱26,000 225
₱25,500 220
₱25,000 215
₱24,500
210
₱24,000
205
₱23,500
₱23,000 200
₱22,500 195
₱22,000 190
₱21,500 185
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26

SALES UNITS SOLD PER DAY

84
 MONTHLY SALES FORECAST
MONTH SALES GROWTH
JAN ₱637,260.32 0
FEB ₱669,123.34 5%
MAR ₱689,197.04 3%
APR ₱709,872.95 3%
MAY ₱745,366.60 5%
JUN ₱782,634.93 5%
JUL ₱821,766.67 5%
AUG ₱862,855.01 5%
SEP ₱914,626.31 6%
OCT ₱978,650.15 7%
NOV ₱1,056,942.16 8%
DEC ₱1,152,066.96 9%
TOTAL SALES ₱10,020,362.44

MONTHLY SALES FORECAST

₱1,400,000.00
9%
₱1,200,000.00
8%
₱1,000,000.00 7%
₱800,000.00 5% 6%
5% 5% 5% 5%
₱600,000.00
₱400,000.00 3% 3%

₱200,000.00
0%
₱0.00
1 2 3 4 5 6 7 8 9 10 11 12

SALES GROWTH

YEARLY SALES FORECAST

YEAR SALES GROWTH

85
 2022 ₱10,020,362.44
2023 ₱11,523,416.81 15%
2024 ₱13,251,929.33 15%
2025 ₱15,239,718.73 15%
2026 ₱17,525,676.54 15%

YEARLY SALES FORECAST

₱20,000,000.00
₱18,000,000.00
₱16,000,000.00
₱14,000,000.00
₱12,000,000.00
₱10,000,000.00
₱17,525,676.54
₱8,000,000.00 ₱15,239,718.73
₱13,251,929.33
₱6,000,000.00 ₱11,523,416.81
₱10,020,362.44
₱4,000,000.00
₱2,000,000.00
15% 15% 15% 15%
₱0.00
2022 2023 2024 2025 2026

CHAPTER 6

SOCIO-ECONOMIC ASPECT

This chapter was including socio-economic benefits in this business project.

We’re make this business project to encourage our society that a frozen foods was have
a great contribution to our society, because many people was being busy to their daily
living so frozen food was help us to prepare a meal in short time and much more time to
do other things in our daily lives.

CONTRIBUTION INCOME AND EMPLOYMENT

Our main goal is to increase the profit of our business project and to make it
successful. We will achieve this through the efforts of everyone, not just the owners of
the business, but also the employees of the business, so we will improve the good

86
relationship between the owners and employees to benefit each other for their own
needs as well as for the better future of our business.

TAX CONTRIBUTION

Our business was held accountable under the law of tax payments, which is also
a contribution made by all businesses in their communities. We paid the correct amount
on the exact date that the government specified for our business, because we all know
that taxes are used to build our economy.

CONTRIBUTION TO ECONOMY

 Community
Frozen food can minimize food waste, resulting in considerably reduced
household waste. It keeps fresh for a longer amount of time and is simple to prepare
and portion, making it an ideal choice for an active and modern lifestyle.

 Consumers
Frozen Food helped people by making cooking easier and more inexpensive.
Our company will serve them the best way we can by providing them with what
they need and desire, as well as providing them only the best-quality product to
ensure that they will not be disappointed if they come back and buy from us
again.
 Employees
We hired applicants from our community in order to help other people to
improve their skills while working in our business and to reduce the number of
unemployed people in our economy.

PROJECTED PROBLEMS

STRONG COMPETITION

87
 The business world is a very competitive one. Between the giants, there is
always a competition. One of the most significant obstacles to a startup's existence like
ours is competition. The competition is stiffer if you are a newly business and in order to
survive in this competitive business environment we must play aggressively and punch
above their weight.

INSUFICIENT FINANCES

Starting up a business like Frozen Food is not easy as you think. Even if you
have a budget as your capital to start a business, sometimes it is not enough to put it up
and running the way you desire. You have to take into account other factors to do so.

PRODUCTS

The product is the focal point of every business. People buy and consume
various things to meet their various needs. As a result, if our business is able to offer
the best product that meets the demands of its customers, our product will be widely
accepted. It will bring in more consumers and give possibilities for our business to
expand. But if our product fails to satisfy those consumers then our business may lead
to downfall.

GETTING AND RETAINING CUSTOMERS

Customer service is critical. Customers frequently express dissatisfaction with

poor customer service. Your product may be excellent and the packaging may be
appealing, but if your service is poor, customers will continue to seek elsewhere. A
negative image from your customers may destroy your business. Customers are the
driving forces behind the success of a business. Their word-of-mouth strength and
social media presence can offer new business an advantage over the established firms.

HIRING SUITABLE EMPLOYEE

Hiring individuals to help our business in achieving our goals is a vital decision.
We should be able to identify qualified individuals for every position that needs to be
filled. Every business requires a unique set of talents to ensure its success and growth.
That being said, we must avoid employing individuals who are unsuitable for the

88
position because, on the other hand, a lack of the proper personnel can cause
significant inefficiencies and also delays.

BUSINESS PLANNING

After setting up the plan about our business we need to analyze more strategic
way to make sure that our plan will be achievable because there are numerous
competitors in the frozen food industry especially those already established due to their
longer existence. Proper planning is the key to getting this business off the ground.
Many businesses fail in the first year due to poor planning.

RESEARCH METHODOLOGY

These chapters cover research methodology and research design, including

sample and sampling techniques, research instrument, data gathering procedure,
statistical treatment of date and percentage.

RESEARCH DESIGN

The researchers utilized a descriptive methodology using survey questionnaires

to conduct the study. A number of identified respondents from ICCT Colleges were
asked to participate in the survey by answering questions. During the survey,
participants were chosen at random from a pool of identifiable respondents to be asked
questions and rate several types of frozen foods. Google forms were used to facilitate
the survey. Furthermore, interviews with existing frozen product business owners were
done to provide us with critical information on how we may improve our product
offerings to our target clients.

SAMPLE AND SAMPLING TECHNIQUE

When considering the responsibilities, a non profitability (availability sampling)

technique was applied. Respondents are chosen only on the basis of who is
conveniently available or contactable; this method is so useful that it is sometimes
referred to as a convenience method. Because this method requires simply polling
those respondents who are readily available, the survey is relatively simple and

89
inexpensive to execute. The convenience on the other hand jeopardizes the data
accuracy. One hundred people were considered as respondent of the study.

RESEARCH INSTRUMENT

In our study, we are using survey questionnaire. The questionnaire is a set of

random arranged questions prepared for our 100 respondents. Questionnaire contains
of their demographic profile and questions about our product.

DATA GATHERING PROCEDURE

The researchers first came up with a title that was approved by the professor, as
well as the general and specific problems that would be addressed by the result of the
study.

The researchers created a survey questionnaire checklist, which their consultant

approved. The researchers will now poll the students after the survey has been
confirmed. The researchers double-check the total number of responses when the
survey is completed.

The data will be tabulated and analyzed after the assessment has been
completed. After that the teacher will question the researchers about the implications.

STATISTICAL TREATMENT OF DATA

The researcher will apply the statistical technique below to effectively analyze the
data.

PERCENTAGE

This will be use to obtain the frequency counts and percentage distributions of the
respondents’ personal connected variables.

90
Formula % = ------------------- x 100
N
% - Percentage
F – Frequency
N – Total number of respondents

CONCLUSION

Based on the conclusion frozen goods are viable in the market and most of the
respondents will purchase when it produce in the market. Majority of our respondents
agreed that the frozen foods are convenient for their daily needs it means that they have
more time to do other things when they purchase some of our products. It also shows
that frozen goods are better than canned goods and it is also good for their health.
Frozen goods also show that in can served in the restaurant and can be eaten anytime,
it is not just only for children but also for adults and usually cooks by busy people and
working people. Most of our respondents also agreed that discounts affect them to buy
frozen goods and it also shows that most of them answered that they are not sure if the
consumption of frozen goods can cause obesity (gaining weight) but some of them
disagreed about it. Overall conclusions of this study turn out that our projects are
feasible.

SURVEY

This survey conducted through online entitled “TEAMEAT’s FROZEN GOODS”. The
table presented is in accordance with the order being stated in our survey
questionnaire. The result of this study is given below.

Table1. Demographic profile of the respondents

91
 Gender
Male Female

33.3

67.3

As Table 1.1 shows that out of 100 respondents we gathered, we got 67% of female
and 33% male who responded to our survey questionnaire.

Age

36 and Above 9%

26-35 37%

Under 15-25 55%

0% 10% 20% 30% 40% 50% 60%

As shown in Table 1.2 the distribution of respondents according to age. In a clear

view of age demonstrated that most of our respondent are under 15-25 of age with an
average of 55% followed by 26-35 with an average of 37% and 36 and above with an
average of 9%.

Table 2.1 Frozen foods give convenient to customer for their daily needs.

92
 60%

50%

40%

30%
50%
20%
30%
10%
14%
0% 5%
0%
Strongly agree Agree Neither Agree Disagree Strongly
Nor Disagree Disagree

In table 2.1 appears that most of the respondents answer ‘Agree’ that the frozen
foods give convenient to them for their daily needs with an average of 50% which is half
of our respondents.

Table 2.2 Do you think frozen foods are good to your health?

50%
45%
40%
35%
30%
25%
20% 43%

15% 30%
10%
5% 12% 11%
4%
0%
Strongly Agree Agree Neither agree Disagree Strongly
nor disagree Disagree

In table 2.2 most of the respondents ‘Agree’ with the questions, do you
think frozen foods are good to your health with an average of 43%.

Table 2.3 Frozen goods are better than canned goods.

93
 60%

50%

40%

30%
53%
20%

10% 19%
16%
7% 4%
0%
Strongly Agree Agree Neither Agree Disagree Strongly
nor Disagree Disagree

Table 2.3 shows that frozen goods are better than canned goods based on the
answered by our respondents which is ‘Agree’ with an average of 53%.

Table 2.4 Frozen foods are not only for children but also for adults.
60%

50%

40%

30%
51%
20%
31%
10%
11%
2% 5%
0%
Strongly Agree Agree Neither Agree Disagree Strongly
nor Disagree Disgree

Table 2.4 shows that most of the respondent answered “Agree” with an
average of 51%, in the questions that the frozen foods are not only for children
but also for adults.

94
 Table 2.5 Frozen foods can be eaten anytime?

60%

50%

40%

30%
54%
20%

10% 22%
16%
4% 4%
0%
Strongly Agree Agre Neither Agree Disagree Strongly
nor Disagree Disagree

Based on the chart of Table 2.5 it shows that most of our respondents “Agree”
that the frozen foods can be eaten anytime with an average of 54%

Table 2.6 Frozen foods are usually cook buy busy or working people.
60%

50%

40%

30%
56%

20%

10% 18% 18%

6%
0% 1%
Strongly Agree Agree Neither Agree Disagree Strongly
nor Disagree Disagree

In table 2.6 it shows that frozen foods are usually cook buy busy or
working people that have an answered “Agree” with an average of 56%.

Table 2.7 Frozen foods cannot be served in a restaurant.

95
 45%

40%

35%

30%

25%

20% 40%

15%

10% 19% 21%

14%
5%
6%
0%
Strongly Agree Agree Neither Agree Disagree Strongly
nor Disagree Disagree

In table 2.7 respondents answered “Disagree” in the questions that frozen

foods cannot be served in a restaurant with an average of 40%.
Table 2.8 When you say “ready to cook foods” immediately comes to our minds
are “frozen foods”.
70%

60%

50%

40%

30% 61%

20%

10% 23%
7% 5% 4%
0%
Strongly Agree Agree Neither Agree Disagree Strongly
nor Disagree Diagree

In table 2.8 it shows that most of the respondents answered “Agree” from
the questions, when you say “ready to cook foods” immediately comes to our
mind is “frozen food” with an average of 61%.

96
 Table 2.9 Discounts and offers in frozen foods have any effect on your
purchase?
60%

50%

40%

30%
56%

20%

10%
14% 16%
12%
0% 2%
Strongly Agree Agree Neither Agree Disagree Strongly
nor Disagree Disagree

Table 2.9 shows that discounts and offers in the frozen foods have any effect on
the purchase of our respondents, most of them answered “Agree” with an
average of 51%.

Table 2.10 Consumption of frozen foods in every meal can cause obesity
(gaining weight).

97
 35%

30%

25%

20%

15% 29% 28%

25%
10%
14%
5%
4%
0%
Strongly Agree Agree Neither Agree nor Disagree Strongly Disagree
Disagree

In this table 2.10 it shows that the consumption of frozen foods in every meal can
cause obesity (gaining weight), most of our respondents answered “Neither Agree nor
Disagree” with an average of 56%, it means that our respondents are not sure if frozen
foods can cause obesity.

APPENDECIES

SURVEY QUESTIONNAIRE

We are currently conducting a Feasibility research study entitled “TEAMEAT’s

FROZEN GOODS”. We would like to solicit your assistance in providing the needed

data and information for our study. Your response will be treated with utmost concern

and confidentiality.

NAME (Optional): ________________________________ Age: _____

Gender: ________

Direction: Kindly rate your answer with the following questions below.

98
5 – Strongly Agree, 4 – Agree, 3 – Neither Agree nor Disagree, 2 – Disagree,

1 – Strongly Disagree

QUESTIONS 5 4 3 2 1
1. Frozen foods give convenient to customer for
their daily needs.
2. Do you think frozen foods are good to your
health?
3. Frozen goods are better than canned goods.
4. Frozen foods are not only for children but also
for adults.
5. Frozen foods can be eaten anytime?
6. Frozen foods are usually cook buy busy or
working people.
7. Frozen foods cannot be served in a
restaurant.
8. When you say “ready to cook foods”
immediately comes to our minds are “frozen
foods”.
9. Discounts and offers in frozen foods have any
effect on your purchase?
10. Consumption of frozen foods in every meal
can cause obesity (gaining weight).

99
 ARTICLE OF CO-PARTNERSHIP
OF
TEAMEAT’s FROZEN GOODS
Know to all men by these presents:
That we, the undersigned partners, all of legal age, residents and citizens of the
Philippines, have, on this day, voluntarily associated ourselves together for the purpose
of forming a general partnership under the following terms and conditions and subjects
to existing and applicable laws of the Republic of the Philippines.
AND WE HEREBY CERTIFY
Article I
That name of the partnership shall be TEAMEAT’s FROZEN GOODS and shall
transact business under the said name.
Article II
That the principal place of this business partnership shall be located at at L-1, B-
31 Commonwealth Ave. Novaliches, Quezon City, and 1118 Metro Manila.
Article III
That the names, nationalities and complete residence addresses of the partners
as follows;

100
Aguilar, Keeyo Marford B. – (Filipino) – Tagumpay HSG. Blk50 Lot4 San Jose
Rodriguez Rizal
Cadezal, Analyn – (Filipino) – 1k Blk4 Lt21 Kasiglahan Village San Jose Rodriguez
Rizal
Calzita, Aileen Rose – (Filipino) – 6540 Ibp Road, Brgy Commonwealth Quezon City
Leal, Marvilyn N. – (Filipino) – 189 M.H Del Pillar St. Dulong Bayan 2 SMR
Lucban, Angela M. – (Filipino) – 49 Gold St. Filinvest 2 Batasan Hills, Quezon City
Ong, Jennifer E. – (Filipino) – 48 Sitio San Gabriel Batasan Hills Quezon City
Villena, Lara Carlotta C. (Filipino) – Blk 26, Lot 5 Dela Costa HomesV Burgos
Rodriguez Rizal

LEGAL ASPECTS

BIR

CEDULA

101
DTI

102
BUSINESS PERMIT

103
SSS E-1 FORM

104
SSS CONTRIBUTION TABLE 2021

105
 SSS Contribution Table (13%)

Monthly Total 
ER  EE 
Positions Salary EC Contribution
(8.5%) (4.5%)

GENERAL 
20,000 1,700 900 30 2630
MANAGER

ACCOUNTANT 17,000 1,445 765 30 2240

MARINATOR 1 13,962 1,187 628 30 1,845

MARINATOR 2 13,962 1,187 628 30 1,845

SLICER 1 13,962 1,187 628 30 1,845

ONLINE ADMIN 1 13,962 1,187 628 30 1,845

CASHIER 1 13,962 1,187 628 30 1,845

SALESPERSON 1 13,962 1,187 628 30 1,845
SALESPERSON 2 13,962 1,187 628 30 1,845
UTILITY 13,962 1,187 628 30 1,845
PACKER 1 13,962 1,187 628 30 1,845
PACKER 2 13,962 1,187 628 30 1,845
DELIVERY BOY 1 13,962 1,187 628 30 1,845
**
Expr
** **
** Expression is essio ** Expression
TOTAL Expression Expression
faulty ** n is is faulty **
is faulty ** is faulty **
faulty
**

MEMBER’S DATA FORM (MDF)

106
PHILHEALTH FORM

107
PHILHEALTH CONTRIBUTION TABLE 2021

108
 PHILHEALTH CONTRIBUTION TABLE
Basic Salary (3.5%)

Monthly Total
ER EE
Positions Salary Contribution

GENERAL
20,000 350 350 700
MANAGER

ACCOUNTANT 17,000 297.50 297.50 595

MARINATOR 1 13,962 244.34 244.34 489
MARINATOR 2 13,962 244.34 244.34 489
SLICER 1 13,962 244.34 244.34 489
ONLINE ADMIN 1 13,962 244.34 244.34 489

CASHIER 1 13,962 244.34 244.34 489

SALESPERSON 1 13,962 244.34 244.34 489

SALESPERSON 2 13,962 244.34 244.34 489

UTILITY 13,962 244.34 244.34 489

PACKER 1 13,962 244.34 244.34 489

PACKER 2 13,962 244.34 244.34 489

DELIVERY BOY 1 13,962 244.34 244.34 489

** ** **
** Expression is
TOTAL Expression Expression Expression
faulty **
is faulty ** is faulty ** is faulty **

SANITARY PERMITS

109
BIR FORM 1902

110
FIRE PROTECTION CERTIFICATE

111
FLYERS

112
REFERENCES

113
 https://encrypted-tbn0.gstatic.com/images?
q=tbn:ANd9GcSkq5EPD2IquPYxwDFO7ERfyZz8Z7ogIORocw&usqp=CAU
https://www.academia.edu/31829321/A_business_feasibility_study_conducted_on_Tren
dy_Buffet_
, https://corporatefinanceinstitute.com/resources/knowledge/finance/types-of-financial-
analysis/
https://youtu.be/5KUdvFPhTgk
https://youtu.be/B7-v-qfoNC8

CURRICULUM VITAE

114
Keeyo Marford B. Aguilar
Tagumpay Blk50 Lot4 Rodriguez Rizal
(0951)2839341
keeyomarforda@gmail.com

Objective

To develop and improve my knowledge and skills that I learned and also
getting a better experience in working place.

Educational Information

Sy: 2005-2011 Tagumpay Elementary School

Sy: 2014-2015 Tagumpay National High School

Colleges of Arts Science in Asia in The Pacific (CASAP)

Sy: 2017-2021 ICCT Colleges Foundation Inc.

San Mateo Campus
Gen. Luna Road cor Resurrection St. Brgy. Sta, Ana, San
Mateo Rizal

Skills and Talent

115
  I have a good communication skills
 I’m a fast learner
 I can work under pressure

Personal Data

Age: 23 years old

Date of Birth: March 23, 1998
Place of Birth: Oriental Mindoro Calapan City
Civil Status: Single

Character References

Amy David Supervisor

I hereby certify that the above information are true and correct to the
best of my knowledge.

Keeyo Marford B. Aguilar

Name and Signature

ANALYN A. CADEZAL

116
 Phase 1K Block 4 Lot 21, Kasiglahan Village
San Jose Rodriquez Rizal
Cell No. 09196760452
Cadezalanalyn13@gmail.com

Objective

To provide quality and fast service and contribute my skills to best of my

ability.

Educational Information

S. Y. 2019 up to present : ICCT COLLEGES FOUNDATION INC.

Bachelor of Science in Business Administration
Management
Luna St. STA. Ana, San Mateo Rizal

S. Y. 2007-2008 : ERNESTO RONDON HIGH SCHOOL

Project 6, Road 8, Quezon City

Skills and Talent

 Hard Working and Patient

 Active, Creative and Resourceful Person
 Computer Literate

Personal Data

117
Age: 31 years old
Date of Birth: August 13, 1989
Place of Birth: Tacloban Leyte
Civil Status: Single

Character References

Ms. Minerva Robles Reyes

Pasong Tamo, Makati City
SPG Manager
09056405700

Ms. Michelle V. Pascual Block 74 LOT21 James St. Clelito

Homes Camarin, Caloocan City
Branch Manage/Expressions 09569721468

Ms.Vilma Vaculumar
The Expressions Co. Shop Inc.
Store Manager
09179976523

I hereby certify that the above information are true and correct to the
best of my knowledge.

Analyn A. Cadezal
Name and Signature

AILEEN ROSE CALZITA

6540 IBP Road Brgy. Commonwealth

118
 Quezon City
09150044268
ojeuaillin@gmail.com

Objective

A position with opportunities to utilize my skills, demonstrate resourcefulness and

assume responsibility.

Educational Information

Tertiary Institute of Creative Computer Technology

(ICCT Colleges-San Mateo)

Bachelor of Science in Business Administration

Major in Marketing Management (2018-Present)

Secondary Pioduran National High School

Binodegahan Pio Duran, Albay (2011-2014)

Primary Pioduran East Central School Caratagan, Pioduran Albay (2005-

2010)

Skills and Talent

 Good knowledge in Microsoft office.

 Floral Arranger
 Has good penmanship
 Fast Learner

119
 Personal Data

Age: 25 years old

Date of Birth: May 28, 1996
Place of Birth: Pioduran, Albay
Civil Status: Single

Character References

Ryan Paolo Azuela

Resort Keeper at Raccolta Resort

09122249662

I hereby certify that the above information are true and correct to the
best of my knowledge.

Aileen Rose Calzita

Name and Signature

Marvilyn N. Leal
186 M.H Del Pilar St. Dulong Bayan II
San Mateo Rizal 1850
0926-7609-548
lealmarvilyn@gmail.com

Objective
120
 To develop personally in the company where I can maximize my management Skills program
development and training experience.

Educational Information

TERTIARY
Sy: 2020 – Up to Present ICCT Colleges Foundation Inc.

San Mateo Rizal

(BSBA - Marketing Management)

SECONDARY

Sy: 2008 – 2009 San Mateo National High School

Guitnang Bayan San Mateo Rizal

ELEMENTARY

Sy: 2003 – 2004 Dulong Bayan Elementary School

Dulong Bayan San Mateo Rizal

Training’s Seminar’s Attended

February 7, 2015 to July 2015 Office Work Automation (PC Operation)

Xavier Technical Training Center Corp.

267 Unit 2- E Dela Paz St. Sto. Ñino

Marikina City

February 26-27, 2018 Proper Installation for Cignal TV Components

TV5 Reliance Mandaluyong City

August 7, 2019 Working At Heights Training

Huawei Training Center Paranaque

121
August 2019 Pass I.D Training (Huawei Installation)

Huawei Office BGC

March 25, 2021 E-Seminar in Business Entrepreneurship

Work Experiences

SY: 2011 – 2014 Virtual Assistant

Miracle King Ent.
Monterey San Mateo Rizal
Resigned

August 20, 2014 Project Coordinator

December 2018 E-Link Solution Corporation
47 Esteban Abada St. Brgy. Loyola Heights Q.C
426 – 0198 loc. 112

January 2019 to Present Project Manager

Asiatrend Marketing Inc.

47 Esteban Abada St. Brgy. Loyola Heights Q.C

426 – 0198 loc. 112

(Other Business Unit Dept.)

Skills

122
 • Computer literate ( MS Word 2007/2010/2013, MS Excel, MS Powerpoint, MS Publisher, movie
Maker Internet browsing).
• People Handling
• Can do multi-tasking job
• Supervision to the people who handle
• Can solve the problem easily
• Budgeting
• Encoding
• Planning

Personal Data

Age: 28 years old Name of mother: Luzviminda Leal

Date of Birth: June 24, 1993 Occupation: House wife
Place of Birth: San Mateo Rizal Name of father : Mar Santos
Civil Status: Single Occupation: Deceased

Character References

Angel Baldomero Business Woman

Marikina City

09100574335

Marie Cresilda Basilio Project Engineer Supervisor

E-Link Solution Corporation

123
 47 Esteban Abada St. Brgy. Loyola Heights Q.C

426 – 0198

I hereby certify that the above information are true and correct to the
best of my knowledge.

Marvilyn N. Leal
Name and Signature

Angela M. Lucban
49 Gold St. Filinvest 2 Batasan Hills Q.C
(0935) 0794950
lucbanangela@gmail.com

Objective

To learn and expand my skills about career opportunity to achieve goals.

124
 Educational Information

Sy: 2009-2010 Brgy. Tula Elementary School

Brgy. Tula Pambujan Northern Samar

Sy: 2014-2015 Pambujan National High School

Brgy. 8 Poblacion Pambujan Northern Samar

Sy: 2020-2021 ICCT Colleges Foundation Inc.

San Mateo Campus
Gen. Luna Road cor Resurrection St. Brgy. Sta, Ana, San
Mateo Rizal

Skills and Talent

 Planning
 Fast Learner
 Good at Photography

Personal Data

Age: 22 years old Name of mother: Yolanda Lucban

Date of Birth: December 13, 1998 Occupation: House wife
Place of Birth: Northern Samar Name of father: Macario Lucban
Civil Status: Single Occupation: Agricultural
worker

Character References

125
Johanna S. Aguna Specialist Communication
09171860312

I hereby certify that the above information are true and correct to the
best of my knowledge .

Angela M. Lucban
Name and Signature

JENNIFER E. ONG

48 Sitio San Gabriel Brgy. Batasan Hills

Quezon City+639167819808

ongjennifer30@gmail.com

Objective

126
Seeking a challenging opportunity where I will be able to utilize my strong
organizational skills, educational background, and ability to work well with people,
which will allow me to grow personally and professionally.

Educational Information

Tertiary Institute of Creative Computer Technology

(ICCT Colleges-San Mateo)

Bachelor of Science in Business Administration

Major in Marketing Management (2018-Present)

Secondary Batasan Hills National High School

IBP RD. Batasan Hills, Quezon City (2006-2010)

Primary Batasan Hills Elementary School

Batasan Hills, Quezon City (1999-2005)

Skills and Talent

 Creative, innovative and self-motivated

 Strong analysis power, problem resolving ability and full of energy

 Good knowledge of computer skills such as MS word, MS excel, Power point

Personal Data

Age: 28 years old

Date of Birth: October 30, 1992
Place of Birth: Quezon City
127
Civil Status: Single

Character References

Mr. Ricardo Peña Machine Operator

Diamond Laboratory

09310113727

Jahzeel Milcah Medino Customer Care Specialist at Hi Precision Diagnostic

0935682052

I hereby certify that the above information are true and correct to the
best of my knowledge.

Jennifer E. Ong
Name and Signature

Lara Carlotta C. Villena

Montalban Rizal
(+63)9663614880
carlottavillena8@gmail.com

Objective
128
  Seeking for a job opportunity that can give me a different kind of
experiences and exposures.
 Seeking for a working environment for me to develop my working
experience and personality skill

Educational Information

Tertiary ICCT Colleges Foundation Inc.

Bachelor of Science in Business Administration major in
Marketing Mangement (2018-Present)

Secondary Manoc-Manoc National High School – Boracay Malay

Aklan (2016-2018)

Concepcion National High School, Concepcion Busuanga

Palawan (2012-2016)

Primary Concepcion Elementary School, Concepcion Busuanga

Palawan (2006-2012)

Skills and Talent

 Computer Literate
 Competent in social media management and website management
 Proficient in Microsoft Word and Powerpoint
 Can speak and write fluent English and Filipino languages

Personal Data 129

Age: 22 years old Name of mother: Lallanie Villena
Date of Birth: February 5, 1999 Occupation: Massage Therapy
Place of Birth: Concepcion Busuanga, Name of father: Carlitto Villena
Palawan Occupation: None
Civil Status: Single

Character References

Tirso Cabalsa
09267318357

I hereby certify that the above information are true and correct to the
best of my knowledge.

Lara Carlotta C, Villena

Name and Signature

130