Professional Documents
Culture Documents
In Partial Fulfillment
of the Requirements for the Degree Bachelor of
Science in Entrepreneurship With specialization in
Microfinance
TORRES, ANGELORD
SEGURA, CHARLENE
VIDAL, JEZELMIE
VERDIJO, CHARIME
PONCARDAS, HERROL
BUSLOY, PEPITO JR.
JULY 2022
EXECUTIVE SUMMARY
The business is established last March 2021. It was located and rented the
place in Hijo National Highway Maco, Davao De Oro. Jabez Wooden Coffin
And they have seven variants of wooden caskets that ranges from Php2,500
to Php15,000.
middlemen who can help them lobby their affordable wooden caskets
that reach as far as Panabo City, Mati City, Digos City, Davao City,
there are only two funeral homes business serving the municipality.
APPROVAL SHEET
has been examined and is recommended for acceptance and approval for
oral defense.
REVIEW PANEL
the institution and to all people who are involve to make this business
Herrick O. Agustin, MBA, LPT, CHRA they would like to express they
heartfelt thanks for giving us the opportunity for making this business
understanding.
who gave his full support, guidance, and sharing of ideas, and gave them
MBA who imparted knowledge and gave their expertise, to make this
To the CMDI admin, Deans and the founder of CARD MRI, Mr.
Plan regardless of the pandemic. To the Parents and Families, for their
to never give up despite the hardship and problems, and for inspiring
them to keep chasing dreams and believing to continue their studies.
possible. For the time, effort, and finances the proponents extend for
P. Baer, they extend their sincere thanks for providing them with the
them with blessings, strength, knowledge, and guidance for making this
business plan possible. All the glory and honor belong to him.
The Proponents
DEDICATION
pandemic.
Next, we dedicate this to our parents who have been the source of
our inspiration and gave us strength when we are thinking of giving up.
Their efforts to provide love, care, moral support, spiritual support, and
and share time with us to have an interview as well as giving advice and
moral support.
guidance, strength, wisdom, protection, and skills. All of these hard works
PROPONENTS
CHAPTER 1
INTRODUCTION
Highway Maco, Davao de Oro, was where it was established. Any variety of
low cost and offers a wide range of services that are connected to the funeral
industry. Jabez P. Baer was inspired to start this company by his grandparents,
more accepting of death in modern society. It's no longer taboo to discuss life
and death. Many people are planning for death because it is an unavoidable part
On the other hand, Jabez Wooden Coffin Manufacturing stands out from the
competition because of its factory pricing that are affordable for everyone. Jabez
Other funeral service providers that don't have their own coffin
like the Mindanao Care Allied Services Cooperation for Damayan program, Inc.
(MINCASECO). They have the greatest edge over their rivals in selling coffins
because they are situated close to the Davao Regional Medical Center (DRMC)
in Tagum City. Since patients who pass away at Covid-19 are buried right away
without the customary nights of wake, they are frequently asked to supply
caskets.
MISSION
highly innovative and pertinent products and services that will greatly improve
VISION
OBJECTIVE
best practices. They also make sure to work hard to expand their company so
profitability of this type of business and its potential, as well as to present its
form of enterprise. The results of this study will also be beneficial to Mr. Jabez
Baer since they will provide him a better understanding of the advantages and
The wooden casket is the main item produced by Jabez Wooden Coffin Manufacturing.
In 2021, this will account for up to 80% of their whole revenue. There are currently
seven different types of hardwood caskets available, priced between 2,500 and 15,000
pesos. For a list and descriptions of Jabez Wooden coffins, please refer to Table 1.
including burial deliveries, lighting, and embalming. In 2021, the revenue from these
designs. They experimented with various hues and patterns. They also accept client-
competitive advantage. They can push for the distribution of their reasonably priced
wooden coffins, which go as far as Panabo City, Mati City, Digos City, Davao City, and
Pantukan, thanks to their direct connections with intermediaries. They also accept
payments from government agencies that other funeral homes and coffin manufactures
won't because the payments could take up to six months, including the Office of the
MARKET STUDY
Business-to-Consumer Market:
The B2C market of Jabez are the low-to-middle income residents,
municipalities who are looking for an affordable casket for their deceased
COVID-19 victims to demand that the bodies be disposed of right away. So,
Due to their win-win strategy, Jabez's company operation has a low danger of
competition. They strive to offer their reasonably priced items to nearby funeral
homes rather than competing with them for consumers. Regardless of their
ability to customize their goods and services
YEAR TOTAL
NUMBER
S
201 293
5
201 280
6
201 287
7
201 292
8
201 313
9
202 303
0
Total
1,768
BUSINESS MODEL
Jabez Wooden Coffin cultivates positive client relationships and offers
with operations. Because Mr. Baer's grandparents once managed the same
Customer Relationship
because stablishing a solid relationship that allows people to contact the goods
and services Gaining trust via mutual understanding is one of the key reasons
Customers, especially the less fortunate for those customers who are unable to
buy the goods and services Taking action makes Jabez Wooden Coffin's
Products
Each product is created to fit the way the customer perceives the condition.
Pricing for goods is based on their own value. Jabez Wooden Coffin provides
goods that are timely, effective, and suitable for potential customers.
Services
The services that they have given satisfactory to its client.
Resources
The only business in Maco, Davao De Oro and Tagum City that offers goods
and services is Jabez Wooden Coffin Manufacturing. One benefit that aids in the
expansion and development of the company is the distance they have from their
rivals.
A modest coffin plant called Jabez Wooden Coffin Manufacturing is situated in Maco,
Davao de Oro, along the Hijo National Highway. Additionally, they paid 5000 PHP per
month to rent a production area of at least 1000 sq.m. in order to provide excellent
customer service. This area of manufacturing consists of the material stock room
(image no.3), the paint area (image no.2), the casket construction area, and the casket
Image no.3
Jabez Wooden Coffin Manufacturing makes coffins in accordance with the number of
coffins that will be delivered according to the schedule provided; what works well for
Jabez is that they can produce more coffins with two carpenters and they make sure
that they can deliver the goods ahead of schedule or estimate. Table 3 lists the
components required to make coffins, some of which may be purchased at the local
hardware store, with the exception of the wood, which is available in Sawata, Davao del
Norte.
The sources of their coffin’s productions are purchase at Royal bazar and
Arman’s Hardware Tagum City. Jabez Wooden Coffin as a sole
proprietorship, their quality control is they make sure that they have enough
supply of materials so they can make more than 10 pcs of coffins in a day.
They provide services through free delivery within designated area and if the
product has damaged, they can personally repair it.
MANAGEMENT AND PERSONNEL REQUIREMENT
OWNER
MARKETING/FINANCE
abilities. The company's owner, Mr. Jabez P. Baer, along with his wife
currently run it. While his wife worked as the cashier and purchased the
goods, Mr. Baer took on the role of the driver and performed audits of the
client's transactions and income. Additionally, they hired potential workers who
environmental rules play a critical role in ensuring the proper segregation, collection,
storage, treatment, and disposal of solid waste. RA 9003, also known as the Ecological
in the Philippines. The state's policy for the adoption of a systematic, all-encompassing,
and environmentally sound solid waste management program that ensures the
protection of public health and the environment is stated in RA 9003. In this regard,
Jabez is ecologically friendly and the property is in good condition; the trash is properly
BUSINESS SUMMARY
Jabez Wooden Coffin Manufacturing located in Hijo Maco National High way,
Davao De Oro.
BUSINESS RECOMMENDATION
Based on the observations, the business needs more improvements and things
to do in order to meet their expectations in the future. And this are things that we
recommend to them.
Expand production area to cater bulk orders
Create a social media platform
Install a CCTV for security of the business
Strengthen the linkage to other government and non-government agencies
especially funeral and memorial service provider supported contracts
Offer funeral to memorial plan
Offer cash discounts if purchased in cash basis
CHAPTER 5
FINANCIAL PROJECTIONS
ASSETS
Current Assets
Cash Taxes Php 218,000
Total Current Php 1,800
Assets Php219,000
\
JABEZ WOODEN COFFIN MANUFACTURING
Income Statement For December 31, 2021
Operating Expense
OPERATIONS
Cash from
Net Operating Income Cash P 169,650.77
paid for
Operating expense (P 48, 349.23)
Ending Cash on hand P 121,301.54
FINANCIAL ANALYSIS
RATIO ANALYSIS
PAYBACK PERIOD
Payback Period = Total Initial Investment/Cash Flow
= 219,800/121,301.54
RETURN ON INVESTMENT
This table shows that every year there's 350.88% return of investment
2022 2023 2024
Return of 350.88% 350.88% 350.88%
investment
JABEZ WOODEN COFFIN MANUFACTURING
3 years Financial Projections
This financial projections shows that every year the business generate more
income that can help them grow and run smoothly .
CHAPTER 6
SUMMARY AND RECOMMENDATIONS
Business Summary
Jabez Wooden Coffin Manufacturing is located in Hijo National Highway
Maco, Davao de Oro. They offer comprehensive services to help bereaved
family members and friends of their clients. Jabez Wooden Coffin is
committed to meeting the demands of their customers and in ensuring that
quality of their products and services remain unsurpassed. It maintains the
good relationship to its clients because of the good services and the
affordability, quality, and a variety of sizes of the product that they offer. The
business was managed by its owner since they started the business and their
main goal is to make the business run smoothly and operate in a long run.
Business Recommendation
Appendix A
BUSINESS REQUIREMENTS
APPENDIX C
PHYSICAL STORE
CHARLENE P. SEGURA
Purok Ilocandia Mankilam
Tagum City, 8100 Davao Del
Norte Philippines
edcherranraz@gmail.com
+63945- 662- 8327
EDUCATIONAL BACKGROUND
Tertiary Level Bachelor of Science in
Entrepreneurship with
specialization in Microfinance
Inclusive Year of Attendance:
2022
Secondary Level Accountancy, Business and
Management CARD- MRI
Development Institute Inc.
Inclusive Years of Attendance2017- 2019
Elementary Level Don Ricardo Briz Central Elementary School
Inclusive Year of Attendance: 2007- 2013
PERSONAL INFORMATION
Date of Birth June 25, 2000
Place of Birth Tagum City Davao Del Norte
Citizenship Filipino
Height 4'11
Weight 42 kilograms
Religion Born Again Christian
CHARACTER REFERENCES
DANDY C. CABONITA
Executive Assistant
IILGU TAGUM
09970625597
EDUCATIONAL BACKGROUND
Tertiary Level Bachelor of Science in
Entrepreneurship with
specialization in Microfinance
Inclusive Year of Attendance: 2022
Senior high-Level Accountancy, Business and
Management CARD-MRI
Development Institute Inc.
Inclusive Years of Attendance:
2017-2019
Elementary Level Magugpo Pilot Central
Elememtary School Inclusive
Years of Attendance: 2007-2013
PERSONAL INFORMATION
Date of Birth April 28, 2000
Place of Birth Tagum City Davao Del Norte
Citizenship Filipino
Height 5'5
Weight 50 kilograms
Religion Roman Catholic
CHARACTER REFERENCES
Evangiline Del Ruz
Prk.Chairman
09101352818
Jezelmie U. Vidal
30
Applicant
30
HERROL PONCARDAS
Prk. 8-A, San Miguel, Tagum
City, Davao del Norte
Mobile Number: 09755160075
Email address: herrol.poncardas@yahoo.com
EDUCATIONAL BACKGROUND
Tertiary CMDI College BSE Major in Microfinance
Mankilam, Tagum City 2020-2021
CHARACTER REFERENCES
31
PEPITO P. BUSLOY JR.
Purok 6, Panibasan,
Maco, Davao de Oro
pepitobusloy@gmail.com
EDUCATIONAL BACKGROUND
College Bachelor of Science in Entrepreneurship
With Specialization in
Microfinance CMDI – Tagum
City Purok Lemonsito,
Mankilam, Tagum City
2019-2022
Senior Highschool ABM CMDI – Tagum City
Purok Lemonsito, Mankilam,
Tagum City 2018-2019
Junior Highschool Panibasan National Highschool
Panibasan, Maco, Davao
De Oro 2015-2016
PERSONAL INFORMATION
Date of Birth January 4, 1999
Place of Birth Panangan, Maco, Compostela Valley
Provimce
Citizenship Filipino
Height 5’6 ft
Weight 60 kg.
Blood Type O+
Religion Roman Catholic
CHARACTER REFERENCES
VOLTAIRE R. RIMANDO
Municipal Mayor
Maco, Davao De Oro
The information given by me is true to the best of my knowledge and faith. I am solely
responsible for the accuracy. I further affirm that I will utmost care of submitting the
relevant certificate or documents as support of above information at any point of time.
EDUCATIONAL BACKGROUND
College Level CARD MRI Development Institute (S.Y 2019-Present)
Bachelor of Science in Entrepreneurship
Mankilam, Tagum City
Secondary Level: Tagum National Trade School (S.Y 2017-2018))
Computer System Servicing NC II Apokon,
Tagum City Tagum City National High School
(S.Y 2016-2017) Cookery Visayan Village,
Tagum City
Elementary Level: Magugpo Pilot Central Elementary School (S.Y 2012-2013)
Mabini St., Tagum City
PERSONAL INFORMATION
Date of Birth February 03, 2000
Place of Birth Pasian, Monkayo
Citizenship Filipino
Height 5'0
Weight 48 kilograms
Blood Type A+
Religion Roman Catholic
CHARACTER REFERENCE
The information given by me is true to the best of my knowledge and faith. I am solely
responsible for its accuracy. I further affirm that; I will take utmost care of submitting
the relevant certificates or documents in support of above information at any point of
time.
CHARIME P. VERDIJO
Applicant
35
Angelord A. Torres
Prk. 6 Lower Apokon
Tagum City, Davao del Norte
angelordtorres09@gmail.com
09463401032
EDUCATIONAL BACKGROUND
CHARACTER REFERENCE
Angelord A. Torres
Applicant
36
37