Start-up Business Idea

In

The Entrepreneurial Mind

(GEE 2 – 0293960)

Submitted By:

Gabion, Sheila Mae

Pondemira, Kirk Ethan
Quintua, Leonell
Romines, Rogie
Siervo, Ignacio Jr.
BSCE – 3A

Submitted To:
Ma’am Cyvell M. Adora
Subject Instructor
 Group 6 have chosen Mr. Rogie Romines’ business idea as the Best among

others. Title: Mandaragat Fishing Shop.

A. NAME OF BUSINESS

Mandaragat Fishing Shop

B. NATURE OF BUSINESS

Fishing has never been out of place in the Filipinos' livelihood. Throughout the

years, fishing is also part of many Filipinos' primary source of income in the Philippines

coastal areas. Its value did not depreciate for many years and was still providing one of

the people's basic needs, which is food. Base on this fact, fishing industries kept rising

every year. Some initiatives mainly focus on fishing, new productions, material and

supplies, making it consistently part of the market. These provide food on every

consumer and provide stable jobs for those who have outstanding skills in connection

with fishing. Hundreds of thousands of people work on fishing vessels, factories, and

merchandises to supply the consumers' needs. Although modern fishing includes

advance technologies and equipment and ordinary fishers was affected by these it also

helped them to be competent in this industry, so that they will continue to serve the

fresh consumer product from the seas.

Fishing tackles is the equipment used by anglers when fishing. Almost equipment

or gear used for fishing can be called fishing tackles. Some examples are hooks, lines,

sinkers, floats, rods, reels, baits, lures, spears, nets, gaffs, traps, waders, and tackles
boxes. Those aforementioned products and fishing supplies are what Mandaragat

Fishing Shop wished to sell in the municipality of San Jose.

The business aims to promote the aquatic wildlife resources of the area and attract

people interested in the industry. It will allow the people to raise awareness in the

market and create a trend within the fishing industry that will remove every bad practice

and replace it with sustainable methodologies.

C. MARKETING

We offer a convenient one-stop resource for all fishing products. It will provide a

wide selection of fishing products as well as information on fishing conditions. We can

provide the tackle and bait you will need for varied species. Different sizes and brand of

nylon are also spare parts for machine and rental fishing motorboat. By having this

business, it was the first fishing shop in San Jose, Northern Samar. It is hard to find

quality fishing products at a reasonable price because costumer will tend to choose

substandard quality products that will suit their budgets. Mandaragat Fishing Shop aims

to provide budget-friendly quality products that will surely put their account into purpose

and meet their budget basket.

Mandaragat Fishing Shop will be using a primary medium of promotion, instead

of using individual flyers we considered making the packaging as a promotional material

to advertise our store and let the consumer know the available product and services.

This will also include our name and logo, contact number, address and functional

products and services. We will again be posting tarpaulin and store signage and then

penetrate the online advertisement on social media.

 This business has best to offer to its customers, since we offered products, it is

our responsibility to keep up their best experience with our products. The products will

be supplemented with additional instructions and information for them to benefit the best

of it. In terms of mechanism, this includes the process of how the activities of business

will flow, here in Mandaragat Fishing Shop we offer Walk-in and Delivery to our

customers. Our customers should reach a total of 5,000pesos worth of item for us to

deliver it straight right in their doorstep with added delivery fee. For walk-in buyers,

there is no minimum amount to reach.

D. ORGANIZATIONAL

Position, Duties and Responsibilities

Owner

Job Specification

Complied with the necessary legal requirements to organize and establish

the business under his name.

Job description

As the owner, he is responsible for the following:

 Involve in the overall decision making and control regarding the operations of the

business.

 To keep operations in lined with the objectives of the business.

 Look for prospective suppliers for the business and create terms arrangements

with different suppliers.

  Look for prospective investors who will be interested in monetary contribution to

raise the capital requirement.

General Manager

Job Specification

The General Manager must qualify for the following requirements:

 Female or Male

 18 to 35 years’ old

 College Graduate

 Must have leadership skills and experience in the field of business.

 Work committed and hardworking

Job Description

 Who is the one who implemented the rules and regulations of the fishing shop

during working hour?

 Evaluating the staff's

 The one who is responsible for the overall operation

 Responsible for scheduling, disciplinarian, and marketing strategies.

Male / Female Attendant

Job Specification

 Male/ Female

 Must be literate or at least graduated in high school.

 Experienced in machine repair (especially in a fishing motorboat).

 Knowledgeable about fishing products and equipment.

  Physically fit.

Job Description

 The one responsible for entertaining or communicating the customers is at the

front desk of the firm.

 The one who is responsible for taking the order products of the customer.

 Responsible for maintenance and hazard issues.

 Not absenteeism

 Time management.

Cashier

Job Specification

 Female/Male

 Must have good communication skill.

 Computer literate.

Job Description

 Responsible for receiving the payment of the customer.

 Basic math skills.

 Responsible on troubleshooting.

 Not absenteeism
SUPPLIERS

The suppliers are individuals or business owners who will agree and

comply with the following terms:

 Provide and deliver the required volume of products at the required time in the

business location.

 Give allowable and reasonable credit terms as per agreed by both parties.

 Ensure proper handling and food safety of products until delivered

Selection and Placement/Hiring Good and Income of Employees

For selecting the right employees in the Mandaragat Fishing Shop meeting, the

following specific qualification is essential. In hiring employees, a particular application

must have good characters, skills and knowledge about the products interested in

learning.

For the process of hiring; applicant hired fits its job to undergo interviews and be

physically fit outside and inside. The Manager must have the potential to entertain

customers and lead people with humbleness towards co-workers. A manager should

also portray a character that is eager to help you grow your business, and they must be

trustworthy and skillful for the Manager, the owner is responsible for seeing them.

For the Cashier and Sales Attendants, the applicant must know the products to

assist them with the best product that suits their needs and budget. They should also

consider learning an essential language, mathematics skills, and communication skills

necessary for maintaining the customers' trust. Just like hiring a miniature position, the

cashier and the sales attendant will also undergo interviews and physical exams to

check is they are fit enough to do this job.

 Since Mandaragat Fishing Shop will only four personnel, a per standards set by

Department of Labor and Employment, the minimum Provincial wage rate will only be

250.00 per day. The personnel of the business will have a daily rate of 275.00 while the

cashier will be given 325.00 per day and the manager will give 500.00 per day

considering the functions and responsibilities attached to the position.

E. PRODUCTION

Resource Requirements

The suppliers will be chosen according to the quality and quantity that they can

supply to the business within a certain period of time. A supplier that cannot keep with

the demand will automatically be replaced with one that is more competitive by the

business.

The price will also be considered, if it is too expensive, became too cheap, the

business will have to reevaluate its choices and possibly replace the said supplier. The

reputation will also be considered and the affiliated businesses of the supplier.

Mandaragat Fishing Shop will not involve itself with suppliers that have history of

discrimination, racism or criminal charges against them. The coffee shop is a family-

friendly establishment and also aims to be affiliated with business with the same beliefs

and ideas.

Quality Assurance

The business will start the procurement process by choosing the appropriate

suppliers to order from. The qualifications of the products that are to be supplied will be

considered in choosing the most competent supplier.

 Once they are chosen, the business will contact them directly and order certain

amount of materials needed by the business. The products are expected to arrive within

3-5 days and once received, the quality of the ingredients will be evaluated before it can

be used by the business.

If the products are deemed to be defective, it will be returned to the suppliers

promptly. If it is of good quality, the business will then proceed to the operating process

itself to market the products and sell them to the customers that were serviced by the

business.
OTHER MEMBERS’ BUSINESS IDEAS
By: Sheila Mae Gabion

A. Name of Business

SMG COMPUTER SHOP

B. Nature of Business

Modern technology has been a huge part of our life. It became part of our daily lives making

it a lot easier and convenient for everyone. With the rise of pandemic, it became more important

as most of the usual things we do now are done online. May it be a work, business and

academic related. Along with this is a problem where most people are not that rich to afford

modern gadgets that enables a person to search and communicate online. That is why this

business aims to provide a very affordable rate to the ones needing it especially to students

having online classes.

This business is going to bear the business name, SMG Computer Shop. The name of

the shop is the initials of the owner, Sheila Mae Gabion. It will be operated personally by the

owner herself along with a salesperson/assistant. The said business will be located in Brgy.

Bangkerohan, Catarman Norther Samar. The services that it will offer is a rental computer and

printing services. The rent will be a minute-based rate to accommodate students. The main
objective of this business is to provide a cheaper and safe environment from the user. Unlike

other computer shops, it will be stress free and there will enough spaces between each

computer to promote safety and privacy to each user. Along with the rental service is a printing

service that will be beneficial to office worker and students. In addition, clients who are not

knowledgeable in using computers are offered guiding services. It will not only generate profit

but provide something that a community need.

Computer shops is not a new business in our community. With that being said,

competitors are already present. In the chosen location, there is only one competitor that is not

fully established yet. It lacks a printing service and has small space. To compete this, this

business will be providing a bigger space, nicer ventilation and a reasonable rental rate service.

C. Marketing

Currently, the estimated population of Brgy. Bangkerohan is around 2,500 although it will

still continue to increase. The target of this business are office workers, online gamers and

student. It could be estimated that the potential client is 60 percent. The rest are considered to

be children and non-office workers.

Competition

Currently, there is only one existing computer shop in the area that would directly

compete with the business that the owner is planning to establish. It is a small computer shop

that has 7 rental computers with no printing services but has already been operating since the

year 2019.

Competitive Advantage

The business has the competitive of offering printing services that would be essential to

students and office workers. It also has faster internet connection for gamers. Alongside with
these advantages is a better ventilation and bigger space in case the computer shop became

fully occupied with clients. In addition, a guiding service is given to clients who are less

knowledgeable in using the computer. Through these advantages it will be able to gain positive

feedbacks from the clients.

SWOT ANALYSIS

Strengths Weaknesses

 The business has a printing service.  The shop is still new.

 It has 10 rental computers.  Cost factor associated with the

 All brand-new computers and has no hardware and equipment.

defects.

 Knowledgeable and friendly staff

 Better ventilation.

 Faster and stable connection. (Fiber)

Opportunities Threats

 The growing population of daily internet  The inevitable loss of internet

users connection.

 Social bods formed through online  The possible of having lockdowns.

platforms.

Competitive Advantage

The business has the competitive advantage of being the first ever café to specialize on

oreo-based products. It is being complemented by specialties made through innovation and

creativity, as well as an environment of serenity and relaxation. This will help and enable the
business to attain shares in the market, as well as to meet and make the business goals and

objectives a reality.

THE CUSTOMER

Customer Profile/Target Market

a. Demographic. The services offered for clients with ages ranging from 12 to 65

years old or higher.

b. Market size. The market is probably 60 percent of the population and it will

become bigger as people nowadays engage in using modern technology gadgets

and internet.

D. Organizational

Organizational Chart

Manager/Owner

Staff/Cashier Staff/Cashier

The organizational chart of the business consists of two main positions, which are the

manager and t. The tasks are then subdivided into specific tasks, thus, the employees are also

assigned and tasked to do their designated tasks. These include the following:

a. General Manager. Managers are tasked with overseeing daily business activities,

improving overall business functions, managing budgets, developing strategic plans,

creating policies, and communicating business goals. He/she guides and manages the
 two staffs. The manager must also be able to build a connection with its employees to

promote a healthy workplace.

b. Staff. The two staff are the one that deals with the customers daily. They need to

knowledgeable of the basics in operating and using computers and printer as they are

needed sometimes in providing guiding services. They are also considered cashier in

the said shop. Since there are two staffs, shifting of schedule is proposed. There will be

2 scheduled duties to avoid too much exposure to the equipment and be able to function

properly while at work.

E. Production

The computer shop will be operating on a daily basis. It will open as early as 7:00 in the

morning and will close by 12:00 in the evening since most gamers loves to play late night.

Before opening, all computer will be checked and diagnose first to avoid issues during business

hours. Every week a maintenance check-up is done to equipment.

a. Location

The said business will be located in Brgy. Bangkerohan, Catraman Northern Samar

along the highway.

b. Equipment

The tools and pieces of equipment to be used are presented in the table below.

Information with regards to these are also indicated.

Quantity Unit of Name of Unit Price Total Price

 Measurement Equipment

10 Piece Set of PC Php 10,000.00 Php 100,000.00

1 Piece Printer Php 10,000.00 Php 10,000.00

c. Inventory

Currently, the business has the following inventories (ingredients) with their quantities

and units of measurement also indicated:

Unit of
Quantity Name of Ingredient Unit Price Total Price
Measurement

2 Rim Short Bondpaper Php 180.00 Php 360.00

2 Rim Long bondpaper Php 220.00 Php 440.00

2 Rim A4 Bondpaper Php 200.00 Php 400.00

2 Bottle Epson Ink Cyan Php 350.00 Php 700.00

2 Bottle Epson Ink Magenta Php 350.00 Php 700.00

2 Bottle Epson Ink Yellow Php 350.00 Php 700.00

2 Bottle Epson Ink Black Php 350.00 Php 700.00

d. Suppliers

As of today, the owner has decided to choose buy the equipment from Manila to avail

discount and have a cheaper price compared here in Catarman. However the bondpapers and

ink are going to be bought from Jajas Merchandise.

By: Kirk Ethan Pondemira

A.NAME OF BUSINESS

SAN JOSE FRUITS AND VEGETABLES

B. Nature of Business

San Jose Fruits and Vegetables is a business which offers fresh and affordable

fruits and vegetables to the Municipality of San Jose where this business will be built,

and eventually the whole province of Northern Samar. This enterprise is a retail

business that offers varieties of fruits and vegetables that may vary depending on the

available products supplied by the supplier. The enterprise will also offer delivery within

the municipality and other neighbouring towns but with a minimum number of order.

This business is planned by Mr. Kirk Ethan C. Pondemira, a 3 rd year Civil Engineering

student of the University of Eastern Philippines.

This business is classified under the Fruit and Vegetable Retailing Industry which

is not a new trend in this province but may be the first one with proper location or space

and delivery service. It is not a new business since there are a lot of fruit vendors

around in every town of the province which are competitors for this enterprise. The

delivery service and proper store space of this business is the factor that makes this

different from the competitors

C. Marketing

. People need and often buy fruits and vegetables as an alternative for other meat

products because of its cheapness and the nutrition that comes with it. The main target

of this business is everyone in the municipality and province since all of the people need

the nutrients that the fruits and vegetables have. This business will be advertised with

the fliers and social media. The customers can look for the available products in the

facebook page of this business.

D. Organizational

Position, Duties and Responsibilities

Owner

Job Specification

Complied with the necessary legal requirements to organize and establish the

business under his name.

Job Description

As the owner, he/she is responsible for:

 Making decisions and controlling the operations of the business.

 Keeping the operations in line with the business objectives.

 Hiring and Training staff

 Resolving customer service issues

 Manage financial obligation

Sales Man/Lady

Job Specification

The sales man/lady must qualify for the following requirements:

 18 years old and above

 Must be physically fit

 Work committed and hardworking

Job Description

The sales man/lady is responsible for:

 Stocking and arranging of products

 Selling products

Delivery Man

Job Specification

The delivery man must qualify for the following requirements:

 21 years old and above with valid driver’s license

 High School graduate

 Have clean driving record

Job Description

The delivery man should be:

  Concerned with the customer satisfaction and transporting items in a

safe, timely manner.

 Pick up and drop off items while adhering to assigned routes and time

schedules

 Reviewing orders before and after delivery to ensure that orders are

complete, the charges are correct , and the customer is satisfied

Cashier

Job Specification

The cashier must qualify for the following requirements:

 18 years old and above

 High School graduate

 Work committed and hardworking

Job Description

The cashier is responsible for:

 Processing cash, debit, credit and check transactions

 Balancing cash, making change, recording purchases, processing returns and

scanning items for sale.

E. Production

Supplier Requirement

Suppliers will be picked based on the quality and quantity of goods they can

deliver to the enterprise within a given time frame. The business will automatically

replace the supplier that is unable to meet demand after some warning.

The pricing will be reviewed; if it’s top high, or has become too low, the enterprise

will have to reconsider its options and may be replace the aforementioned supplier. The

supplier’s reputation and connection will also be taken account. San Jose Fruits and

Vegetables will not work with vendors who have a bad track record.
By: Leonell Quintua

A. Name of the business:

Transportation Motor Boat Making

B. Nature of the Business

Pambujan Northern Samar is a Municipality with 26 Barangays. 12 of these are

along the river Barangays, and it includes Barangay Senonogan, where the business is

planned to be set-up. Along the river barangays only have one option of transportation

in order to come or visit the main of Pambujan, which are the Barangay Poblacion 1 to

8. Aside from not having a land transportation in the said along the river areas, one of

their reasons for the need to travel to the main is to have a signal connections for the

reason that 80% of these barangay does not have any signal connectivity for

communications. For may decades, using a motor boat for transportation is the only

vehicle they can use for faster transportation other than walking and bamboo rafts which

take days from further barangays. Therefore, motor boat is in demand for as the only

fast vehicle in these areas, and as the only vehicle areas, these is the best business for

the people who can afford to buy motor boats, and there is where I came up with the

business of crafting a Motor boat for these barangays especially Barangay Senonogan,

which only had one maker.

Motor Boat business is an Engineering-related Business which involves planning,

measurements accuracy, computations, design and constructions. The business

involves materials like Woods, Nails, Metal Tubes, and the motor which the most
expensive among the materials. The business tends to craft or build motor boats for

clients order and rental service. The motor boat business plays in construction Industry.

C. Marketing

The product of the business is a motor boat. Motor boat is a wood-made river or sea

vehicle, which need to be measured accurately and buoyancy should be applicable.

Motor boats consists of different types, but the main product of the business is the

transportation boat which travel 3 to 4 hours river distance in Pambujan. Therefore,

durability and safety measures must be applied. The product of the business will be

more promising as of others. For the as an owner, I will paramount the safe, quality,

durability as well as the quantity of passenger it can load. The product will use best

quality wood planks so it will long last, considering that it soaked in water for years. The

market area of the business is all along the river barangays of Pambujan, Northern

Samar. We could also use as market the seashore areas for construction of Fishing

Boats. The main costumers of the business are those who can afford to order us to

make a motor boat. But, for who can’t, they can sure apply for rental service of motor

boats. The total demand of the product is estimated as 5 to 10 motor boats per year.

The data is based on the estimation I made depending on the experience of one of the

motor boat maker in the area. The market share of the business could be around 5

percent to 10 percent of the market in my estimates. The estimate product’s price would

be around Php 70, 000 – Php 90,000 all in with machine installed. The price range is

based on the size, quality and quantity it can load. The product that can be sold will

depends on the orders of clients no productions of the product unless it was been

ordered and have transactions personally with clients. It is to give options and know
their selections of how should the product be made. Out of it, there will be an annual

production of rental motor boats depending on the demand of operators. The business

could use posters and social media advertisements to promote the product.

The business will ensure the promotional posters and social media flat forms to

deliver awareness to the people, especially to the clients who are searching for some

one who construct motor boats. As well, through out the good service and finished

products, the recommendations of the clients would be given. The business estimated

budget to start the product would be around 200,000 pesos which all be expenses for

machines needed as well as needed materials for the work.

D. Organizational

The business production is transactional, the construction of motor boats will be

based on the clients order. The operation of the business will be based on the number

of needed the production. The estimate production of the business will be about 2-3

months. The business will be run by family structure of organization. The entrepreneur

of the business have an experience related to engineering business thereof. Providing

enough knowledge on how the business will be operated through experience and

learnings from his past works. To paramount the safety and security of the people

around the area of factory, the entrepreneur will ensure the pre-checking and asking the

citizens of the unit being constructed near them. The pre-operation Activities will be

done without any expenses for it involves checking and asking the citizens nearby. The
only materials needed in an office is a drawing table for creating plans as well as the

materials needed for it.

E. Production

The production process is first, planning and product plans which is based on the

clients wanted descriptions then availing the needed materials. Then, recruiting 2 to 3

labors for the constructions. Shaping a wood into a boat-like shape bottom part of the

boat which serves as the balancer of the motor boat. Then, putting the wood planks

shaped from the computed design and start nailing it. Then, put some epoxy to the

wholes and the possible areas where the water could flow in. And start creating the

boarding part of the boat and the metal tubes at the rear part of the motor boat for the

turbines and direction pad of the motor boat. Then the roofing and painting the motor

boat..

Fixed Capital

 Machineries (crosscut saw, power drills, benches, vises etc. ) Around 100,000

 Motor Machine which is around 25, 000 pesos

 Woods which is around 20,000 Pesos

 Basic materials (Paint, Nails, screws, etc..) around 10, 000 pesos

 Labors which is around 10,000 pesos

Therefore, the fixed Capital would be around 170,000 pesos to 200,000 pesos.

Life of Fixed Capital

 The machineries and building materials useful life could be around 7 to 10 years.

Maintenance and Repairs

In terms of maintenance and repairs, the local has its provision of spare parts if

needed. For assurance of maintaining the machineries and building materials, the

business will consider providing extra spare parts or two for immediate repairs and

maintenance.

Sources of Equipment

The machineries can be obtained as soon as the business area or business building

has been constructed together with the appropriate storage room for the machineries

and building materials.

Planned Capacity

The capacity that will be around enough for 3 motor boats construction at the same

moment. It would be a sing area for 3 boats capacity.

Future Capacity

The future capacity planned would be adding branches for different barangays so it

would cost more and need more capacities for around 5 to 10 motor boat capacity.

Terms and Conditions of Purchase of Equipments

 The business should start with exact amount of needed funds. Therefore, the

probable payment process for the machineries and equipment would be by cash

payments.

Factory Location and Layout

The business factory will be located at the Barangay Senonogan, Pambujan

Northern Samar. The layout of the factory would be near the river in order for different

area transactions, the factory would be visible before they even step to the land of the

area of the business.

Raw Materials

The needed materials of the business would be around woods, the constructions

materials, and etc. As estimated, the possible raw materials required would be around

20 different materials.

Cost of Raw Materials

The raw materials estimated cost would be around 25,000 in total.

Raw Materials Availability

The raw materials required in the production is available in the local sector.

Labor

The needed labor of the Business will be only 2 to 3 skilled persons related to the

product of the business.

Cost of Labor

The probable cost of labor would be 10,000 pesos in total.

Labor Availability

The labors of the business will be the folks of Barangay Senonogan. Therefore, the

availability of the labors will not be a problem.

Labor Productivity

Taking into account that they have a transactional salary of 4000 to 5000 pesos per

production, the business will give additional bonus if the production is before or on time.
By: Ignacio Siervo Jr.

A. NAME OF BUSINESS

IJS Builders

B. NATURE OF BUSINESS

IJS Builders is a construction firm company that is to be built in the

municipality of Pambujan, Northern Samar. This will be the first construction firm

in the said municipality. Many Pambujanons’ primary source of income is when

they’re hired as a construction worker, but many also lost their job because of the

COVID 19 Pandemic. This business will give job opportunities to Pambujanons

and this will also help the economy to grow.

This company will handle small to large scale construction works, namely:

Commercial, Residential, and Industrial Projects.

C. MARKETING

IJS Builders will offer promotional discount to the first client that will avail

our services. The team will construct a billboard 100 meters away from where the

company. IJS Builders will also promote their services through social media

platforms using flyers, and video advertisements.

 D. ORGANIZATIONAL

Position, Duties and Responsibilities

Owner

Job Specification:

A License Civil Engineer major in Construction and Management

Engineering, complied with the necessary and legal requirements to establish

this business.

Job Description:

The owner of the business is responsible for the following:

 Supervise and attend the construction works.

 Oversee construction faults.

 Legal concerns of the clients.

 Protect and improve the integrity of his profession.

 Protect his employees from danger.

 Safety of the public when there’s an ongoing construction.

Assistant:

Job Specification:

The assistant must qualify the following requirements:

 Male or Female
  21 to 30 years old

 Good communication skills

 College Graduate or attained College Level

 Open for new knowledge

 Honest, committed, and determined.

Job Description:

 Answers the inquiries.

 Manages the materials ordered for the construction projects.

 Sales report.

Construction Worker

Job Specification:

 Male or Female

 21 – 45 years old

 Able-bodied

 Follows the leader

 Team player

Job Description:

 Carry the works in the construction projects

 Safeguards the safety of the public

 Hiring and Income of Employees

To be hired, every applicant must qualify the Job Specification and must

understand his/her job description. Everyone will face interview from the owner

about his/her knowledge and biography.

The owner expects that assistant and construction workers are at least

knowledgeable of their job description.

There will be 1 assistant and 8 construction workers. Assistant will receive

15k per month, construction workers will receive 12k per month + life insurance

and other benefits.

E. PRODUCTION

The owner of the business is responsible for specifying the materials and

equipments, and the cost. Will purchase materials from distinguished and

recognized construction supply store.

Price of Services Offered

Data are based on the approved construction project permits. Included on

the construction permit are the estimated cost and the total area of the project.

So that means construction cost per area can be determined.

 Residential Construction Costs (Pesos per Square Meter)

Type of Construction Price in Php

Residential 10, 590.00
Single House 10, 011.00
Duplex/Quadruplex 10, 954.00
Apartment 9, 889.00
Residential Condominium 15, 271.00

Non-Residential Construction Costs (Pesos per Square Meter)

Type of Construction Price in Php

Non-Residential 9, 772.00
Commercial 9, 404.00
Industrial 7, 345.00
Institutional 13, 079.00
Agricultural 4, 418.00