“A classic never goes out of style”

BUSINESS
PLAN
Accoutancy Business Management 11

“Sweetest Drip Clothing”

Prepared by:

Leader: Julie Ann Torda 11 ABM A

Abcdeeh Amour A Galapon 11 ABM A

Jerusha D. Daduyo 11 ABM A

Roxanne Ramos 11 ABM A

Mary Grace Acedo 11 ABM A

Tyrone Acidera 11 ABM A

Sarah Tagala 11 ABM A

Erica Ramoran 11 ABM A

KEIHT Angel Panganiban 11 ABM B

Submitted to:

Mrs. Harlene Cafirma

S.Y 2021-2022
 BUSINESS PLAN

The Introduction

Type of Business: Partnership

Name of Owners:

Julie Ann Torda 11 ABM A

Abcdeeh Amour A Galapon 11 ABM A

Jerusha D. Daduyo 11 ABM A

Roxanne Ramos 11 ABM A

Mary Grace Acedo 11 ABM A

Tyrone Acidera 11 ABM A

Sarah Tagala 11 ABM A

Erica Ramoran 11 ABM A

KEIHT Angel 11 ABM B

Address: Bacarra, Ilocos Norte

Cellphone No. : 09357678960

Goals and Objectives of the Project

Sweetest Drip Clothing’s ultimate goal is to provide unprecedented selection

of today’s fashions with affordable prices, to give a comfortable feeling of casual
wears to our consumers, to be leading supplier of quality clothing, and aims to
expand to the other markets across Asia.
 The objective of Sweetest Drip Clothing is dedicated to achieving maximum
customer satisfaction at the lowest possible cost, to obtain maximum customer
satisfaction through continued quality production, to obtain continuous production
and supply of our products to the customers, to create customer loyalty to our
products such that they become well pronounced in the customer minds, to
efficiently publicize our products to create awareness among the customers, to
provide high quality products to the customers, and lastly is to come up with new
designs of products in Clothing Industry.

The Marketing Plan

Description of Products/Services

Sweetest Drip Clothing does not define its target customers in terms of
gender, age, or ethnicity. It targets all people. Apparel makers often focus on specific
designs to satisfy their target customers, but Sweetest Drip Clothing serves a wide
range of customers by offering high-quality, casual basics. Our product offering is
broad, which covers men's, women's, and children's items. Products in the casual
category range from T-shirts, sweaters, and pants, to jackets. The products are basic
in design, and come in many colors.

We will provide services which we can answer our customers’ queries and to
collect orders through our website.

Marketing Strategy

Sweetest Drip Clothing will use all media channels to ensure it reaches all its
customers. Promotional policies are required to maximize the reach of the brand and
to capitalize of market share. The rise of social media will be a biggest plus for the
company. With the help of various social media platforms, like Facebook, Twitter,
Instagram etc., we will spread awareness among the masses by each passing day.
The increasing popularity can be measured by its increase in number of followers of
the company’s official social media pages. The company’s official website will
 constantly upgrade to become more user friendly to provide all the necessary
information to the existing and potential customers. Also, we want to study and
come up with new product designs according to what is trend. We will also give 10%
discount to those loyal customers and promote New Year, Mid-year, and Year-end
Sale to boost more customers.

The Organizational Plan

Manpower Requirement

Number of Monthly Job Description

Personnel Salary
1 General Php 75,000  General Manager is tasked
Manager with overseeing daily
business activities,
improving overall business
functions, training heads of
departments, managing
budgets, developing
strategic plans, creating
policies, and communicating
business goals.
1 Marketing Php 65,000  Marketing manager is
Manager responsible for making
company’s marketing
initiatives.
 He uses market research
and analysis to direct
marketing strategy and
planning.
 He also oversees the
production of all
promotional materials and
 marketing campaigns.
 Marketing manager reports
marketing and sales results
to senior executive.
1 Production Php 63,500  The production manager is
Manager responsible for overseeing
all elements of the garment
manufacturing process,
including fabric testing,
cutting, sewing, final
garment appearance and
packaging.
 The production manager can
be employed by the apparel
brand or by the
manufacturing plant.
 He ensure the
manufacturers are
complying with all legal and
ethical requirements.
 He is also responsible for
ensuring the timeline
negotiated by the product
developer is met during
production and shipping.
 The production manager
and product developer roles
can be combined or duties
interchanged depending on
the company’s structure
1 Quality Php 58,000  The quality assurance
Assurance manager is responsible for
 Manager ensuring garment quality
standards are maintained
throughout production.
 He can be employed by the
apparel brand,
manufacturer or a third-
party auditor.
 The manufacturer’s QA
manager sets up
checkpoints throughout the
production line to review
the quality.
 They then have a final
quality inspection after the
garment is complete.
1 Accountant Php 60,000  An Accountant provides
financial information to
management by researching
and
analyzing accounting data;
preparing reports.
 He prepares asset, liability,
and capital account entries
by compiling and analyzing
account information. Also
documents financial
transactions by entering
account information.
1 Sales Executive Php 45,500  A sales executive is
responsible for helping build
up a business by identifying
new business prospects and
 selling product to them.
 He must maintain
relationships with current
clients and build and
maintain relationships with
new clients.
 He will also need to stay
ahead of their competition
and work on sharpening and
improving their skills by
attending classes, seminars
or workshops.
 He must be able to search
out business leads and
trending products.
Communication skills are
also vital to this job.
1 Inventory Php 35,000  Inventory planner begin the
Planner clothing business
development cycle by
determining the quantity
required of various product
types.
 He review current inventory
levels, seasonal needs and
geographical data to
forecast the consumer
demand for their product
category.
 The inventory planner is also
responsible for allocating
and distributing
 merchandise to warehouses
and stores across the
country.
 Throughout the selling
season, he track inventory
levels and advise on product
performance to their teams.
2 Fashion Php 30,000  Fashion designers use
Designer creativity to design new
styles for their target
customers.
 High-end fashion designers
exercise greater creativity to
develop innovative, original
designs.
 These fashion designers
gather inspiration from the
previous season’s top
sellers, and seasonal trends
to design marketable styles
for the customers.
 They choose colors and
fabrics and design the
number of tops, and
bottoms allotted by the
inventory planning and
merchandising teams.
2 Graphic Php 37,000  Graphic designers combine
Designer hand drawing and
computer-aided design to
create individual images
that are printed on
 garments.
 Graphic designers have a
strong sense of color and
design cohesiveness and use
these to develop visually-
pleasing graphics.
 They primarily develop
designs in CAD programs but
can start by hand drawing
and transferring it into the
CAD software.
 Graphic designers also use
creativity to create a
feasible design.
 In production, they are often
limited to eight colors and
will save money by using
fewer colors.
1 Technical Php 40,000  The technical designer is the
Designer garment engineer and the
liaison between the design
and product development
teams.
 The design team gives the
technical designer the
creative vision for each
garment, and they
determine what stitches and
hem finishing will be used.
 The technical designer is
responsible for
communicating these
 sewing details to the
factory, along with the
garment measurements.
 His primary responsibility is
fitting the garments when
the samples arrive from the
factory and revising the
measurements, pattern or
sewing methods as needed
to make a high-quality, well-
fitting garment.
15 Production Php 15,500  Production workers
Workers produce and assemble
products in factories.
 They operate and maintain
machinery,
ensure production standards
are met, finalize products,
and prepare them for
shipping.
3 Merchandiser Php 12,000  Merchandisers are
responsible for ensuring the
right products are available
in the right stores, at the
right time, in the right
quantities and set at the
appropriate price.
 Corporate merchandisers
partner with designers and
product developers to
ensure the design lifecycle
stays on track.
 5 Sales Associates
The Technical Plan
Raw Materials/Sources
Raw Materials/Sources
Fabric
Thread
Php 10,000  Sales associates help
customers find the right
product for them, complete
transactions, restock
merchandise and maintain a
neat appearance in the
retail store.
 They greet the guest as they
enter the store, alert them
of any current promotions
and ask if they are shopping
for anything in particular.
 If the customer is seeking a
specific item, style or size,
the sales associate will strive
to find the best match.
Primary raw material in making clothes.
It used to form the stitches that hold
the fabric parts together.
Yarn Yarn is used in making knitted sweaters

Buttons The use of buttons is to fasten or close

the garment by passing through a loop
or hole in the other side.

Zipper It is an accessory for garment that used

as fastener consisting of two rows of
metal or plastic teeth on strips of tape
and sliding piece that closes an opening
drawing the teeth together.

Garter Garter is a support to hold up shirt’s

sleeve and pants’ waist.

Brand Tag A brand tag is a little folded logo tags

that is placed at the back on inside of a
 clothing item. Often on the bottom of
the shirt, but not exclusively.

Process/Equipment

Process/Equipment

Pressing Machines Pressing machines are used in the final

stages of the apparel manufacturing
process before your products hit the
market.

Sewing Machines Manufacturing requires sewing

machines, which help to join various
parts of a garment. There are different
kinds of sewing machines, depending
on their specific applications.

Knitting Machine Knitting machines are used to

manufacture knitted apparel.

Cutting Table You need cutting tables for fabric

layering. You need a wide and long
table depending on the marker length
 and maximum fabric width to be used.

Tape Measure With a tape measure, you create

picture-perfect clothes that fit your
clients.

Tailor’s Chalk After taking measurements, use the

chalk to mark lines on the fabric to
begin snipping right away.

Sewing Scissors As the name suggests, these scissors

are used for sewing purposes. They can
be further categorized into specialized
scissor types that carry out different
precise sewing procedures.

Embroidery Machine It is used to create patterns or designs

on the cloth. It adds to the beauty of
the textile and makes it look beautiful
and elegant.

Sewing Machine Needles Sewing machine needles are the most

 changeable part of your sewing
machine and they influence how your
machine forms stitches
T-shirt Printing Machine It is used to print designs directly onto
T-shirts and also be used to print onto
other items/products.

Process/Workforce

Process/Workforce
This is a process of converting raw materials into finished products. Manufacturing
involves many processing steps, beginning with the idea or design concept and ending
with a finished product.
1. Receiving fabrics
Receive fabric from overseas textile manufacturers in large bolts with cardboard or plastic
center tubes or in piles or bags. The fabric typically arrives in steel commercial shipping
containers and is unloaded with a forklift.
2. Fabric Relaxing
“Relaxing” refers to the process that allows the material to relax and contract prior to
being manufactured. This step is necessary because the material is continually under
tension throughout the various stages of the textile manufacturing process, including
weaving, dyeing, and other finishing processes. The relaxing process allows fabrics to
shrink so that further shrinkage during customer use is minimized. This will also integrate
quality assurance into this process to ensure that the quality of the fabric meets customer
standards. This step is performed by manually spot-checking each bolt of fabric using a
backlit surface to identify manufacturing defects such as color inconsistency or flaws in
the material. Fabrics that fail to meet customer standards are returned to the textile
manufacturer.
3. Spreading, Form Layout, and Cutting
After the fabric has been relaxed, it is transferred to the spreading and cutting area of the
garment manufacturing facility. The fabric is first to cut into uniform plies and then spread
either manually or using a computer-controlled system in preparation for the cutting
process. The fabric is spread to: allow operators to identify fabric defects; control the
tension and slack of the fabric during cutting; and ensure each ply is accurately aligned on
top of the others. The number of plies in each spread is dependent on the fabric type,
spreading method, cutting equipment, and size of the garment order. Next, garment
forms—or patterns—are laid out on top of the spread, either manually or programmed
into an automated cutting system. Lastly, the fabric is cut to the shape of the garment
forms using either manually operated cutting equipment or a computerized cutting
system.
4. Laying
Laying of paper pattern helps one to plan the placement of the pattern pieces in a
tentative manner. Lay large pieces first and then fit in the smaller ones It is very
economical in laying the pattern and cutting. Even a small amount of material saved in a
single layer will help to bring about a large saving of money as hundreds of layers of fabric
will be laid and cut simultaneously. When laying, the length of the garment should be
parallel to the selvedge of the material. Be sure the pattern is placed in the correct grain.
Fabrics drape and fall better on the lengthwise grain and also last longer. Parts that have
to be placed on the fold should be exactly on the edge of the fold. All laying should be
done on the wrong side of the material. When laying the paper pattern, consider the
design of the fabric. Care should be taken to see that the design runs in the same
direction throughout the garment. All checks and strips should match the seams both
lengthwise and across.
5. Cutting
This is the major operation of the cutting room when they spread and cut into garments.
Of all the operations in the cutting room, this is the most decisive, because once the fabric
has been cut, very little can be done to rectify serious defects. Any cloth problems created
in the cutting room can affect the output in the sewing room. Assuming all components of
fabric, design, and trims are acceptable and correctly planned and cut, the next stage is to
extend the cutting room program to the sewing room.
6. Embroidery and Screen Printing
Embroidery and screen printing are two processes that occur only if directly specified by
the customer; therefore, these processes are commonly subcontracted to off-site
facilities. Embroidery is performed using automated equipment, often with many
machines concurrently embroidering the same pattern on multiple garments. Screen
printing is the process of applying paint-based graphics to fabric using presses and textile
dryers. This process may have varying levels of automation or may largely be completed
at manually operated stations. Like embroidery, screen printing is wholly determined by
the customer and may be requested to put logos or other graphics on garments or to
print brand and size information in place of affixing tags.
7. Sewing
Stitching or sewing is done after the cut pieces are bundled according to size, colour and
quantities determined by the sewing room. Sewing Garments are sewn in an assembly
line, with the garment becoming complete as it progresses down the sewing line. Sewing
machine operators receive a bundle of cut fabric and repeatedly sew the same portion of
the garment, passing that completed portion to the next operator. Quality assurance is
performed at the end of the sewing line to ensure that the garment has been properly
assembled and that no manufacturing defects exist. When needed, the garment will be
reworked or mended at designated sewing stations. This labor-intensive process
progressively transforms pieces of fabric into designer garments.
8. Checking
It is realistic to assume that however well checking or quality control procedures operate
within a factory there will always be a certain percentage of garments rejected for some
reason or other. Ideally, any system should detect possible deviations before they occur
through forecasting. Work produced with minus defects will produce quality products,
enhance economy and productivity.
9. Spot Cleaning and Laundry
In addition to identifying manufacturing defects, employees tasked with performing
quality assurance are also looking for cosmetic flaws, stains, or other spots on the
garment that may have occurred during the cutting and sewing processes. Spots are often
marked with a sticker and taken to a spot-cleaning area where the garment is cleaned
using steam, hot water, or chemical stain removers. Laundering is done by highly
sophisticated washing machines if any articles are soiled during the manufacturing
process. However, this step is required only if the garments are soiled.
10. Fusing and Pressing
 Fusing and pressing are two processes which have the greatest influence on the finished
look of a garment. Fusing creates the foundation and pressing put the final seal of quality
on the garment. After a garment is fully sewn and assembled, it is transferred to the
ironing section of the facility for final pressing. Workers control the steam with foot
pedals and the steam is delivered via overhead hoses directly to the iron. In most
facilities, the ironing platforms are equipped with a ventilation system that draws steam
through the ironing table and exhausts it outside the factory.
11. Packaging and Shipping
The last steps of making a product retail-ready, garments are folded, tagged, sized, and
packaged according to customer specifications. Also, garments may be placed in
protective plastic bags, either manually or using an automated system, to ensure that the
material stays clean and pressed during shipping. Lastly, garments are placed in cardboard
boxes and shipped to client distribution centers to eventually be sold in retail stores.

The Financial Plan

Projected Income Statement

The income statement of Sweetest Drip Clothing shows the generating ability of the
business to gain profit despite the many losses. It reflects how the management’s
performance is through its profitability over he certain span of time or period. The center
provides the itemized revenues and expenses of the past that led to the current profits and
losses that indicated what may be done to improve the results. In this case, the operating
expenses of the center must be lessened to provide more income for the business.

Sweetest Drip Clothing aims to have a more precise cash, generating the ability so
that the investments will also come which can be a great avenue for expanding the ventures
of the business. In addition, the center aims to become transparent in terms of the business
finances which can serve as a bait to persuade and invite investors in investing to the
company.

Sweetest Drip Clothing

 Income Statement

Sales Php 1,430,000

Costs of Goods Sold
Beginning Inventory 0
Costs of Goods 590,000
Manufactured
Goods Available for Sale 590,000
Ending Inventory 215,321
Total Cost of Goods Sold (374,679)
Gross Profit 1,055,321
Operating Expenses Advertising 50,000
Rent 100,000
Total Operating Expenses 150,000
Income Before Taxes 905,321

Balance Sheet

All financial will be updated monthly to reflect past performance and future
assumptions. We expect solid growth in network beyond the first fiscal year of operation.
The balance sheet of our center is important because it shows what Sweetest Drip Clothing
owns and what is owes through the date listed. It displays information in terms of its assets,
liabilities and equity.

Assets are anything of value owned by the business, liabilities are debts. Owed to
creditors or other parties and equity is the amount owed to creditors or the other parties
and equity is the amount owed to the centers owners. The balance sheet shows the assets
are equal to the total liabilities and equities of the business.

It can be shown from the balance sheet of Sweetest Drip Clothing that the financial
condition in which it shows that business can plan and sustain future operations. It shows
that the finances have no errors and that financial position of the center is stable.

Sweetest Drip Clothing

Balance Sheet
 As of December 31, 2029

ASSETS
Cash 200,000
Equipment 500,000
Building 1,300,000
Total Assets 2,000,000
LIABILITIES AND OWNER’S EQUITY
LIABILITIES
Notes Payable 200,000
Mortgage Payable 700,000
Total Liabilities 900,000
OWNERS EQUITY
Capital Stock 1,100,000
Total liabilities and owner’s equity 2,000,000
ASSETS

Cash Flow Projection

Sweetest Drip Clothing

Statement of Cash Flow

Cash Inflows
Beginning Cash Php 200,000
Cash Equity 40,802
Collection of Accounts 30,348
Receivables
Recoup Deposit 80,890
Loans 40,099
Available Cash 50,908
Php 443,047
Cash Outflows
Rental Deposit Php2,000
Monthly Rent 3,500
Machinery and equipment 90,000
Raw Materials 95,000
Admin Salaries 70,787
Labor 25,345
Operating Expenses 150,000
Php 436,632
Cash Balance Php 6,415