You are on page 1of 10



The name of the business gives a big impact to customers. That is why the name of a business should be attractive enough to catch the attention of the customers. Seven Nevaeh is actually derived from the Holy Bible. In the Hebrew, seven ([b'v, - Sheh'-bah) is from the root word meaning complete or full and the services offered is also seven. Nevaeh is just actually a reverse spelling of the word heaven. Aside from the word heaven is found on the Holy Bible, it is also what exactly feels like when the customers experience the different types of services being offered. The aim of this business is to give a relaxing sensation and bonding activities to customers.


One of the most important factors to consider in setting up a business is its location. The success of a business can sometimes depend on its location that is why it should be taken in consideration in choosing the best site for every business which may bring positive result. The business is located at Chinabank Building, Paseo de Roxas corner Villar St. Makati City. The place is located near business establishments where people are usually stressed with their works. To sum up, the location will definitely make a good market for this is a commercial location which is near to the target customers.


Seven Neveah is a 7-in-1 spot which offers good and relaxing services to the customers. It offers a wide range of soothing services to give customers a break to shake off stress, make it a hobby or as a family and friends bonding place. Services such as Spa, Restaurant, Ventosa, Jacuzzi, Movie Center, Acupuncture and Kids Corner are all found in this business. The business will offer packages that will suit the budget of the customers. The business not just aims to give relaxing sensation to customers but to provide also bonding to families and friends. The customers can have bonding in the different services the business has. The business deliberate to give services to families, friends, proficient people, regular employees and other people who wished to have relaxing feeling.


The business will begin its operation and is expected to: 1. Give satisfaction to the customers with the services offered. 2. Widen or expand the business by earning large amount of profit. 3. Have secured financial position after a year of operation. 4. Build good will among people.

V. FEASIBILITY CRITERIA 1. PROFIT Investments are made in the expectation of a return to the investor. In general, the greater the return expected, the more willing the investor will be to invest because the main objective of every business is to earn profit. People vary in their ability and their willingness to take risks. The ability varies with the extent of the cost and the wealth or asset value of the investor. The willingness varies with the amount of those assets that the investor is willing to place at risk. These risks may be financial or social. In either case, they can have a significant effect on the entrepreneur. 2. MARKETS The success of any venture depends on the ability to get the right product into the right marketplace at the right time and the right price. Effective market research is the most important activity an entrepreneur can undertake to reduce risk. To be feasible in terms of market the following must considered: the potential customers, where they are located, the size and value of the market, expected market share, likely expansion (or contraction) of the market, the number and types of competitors on location, their strengths and weaknesses and their expected reactions to a new product to be able to assume demands. And also, Seven Nevaeh will be very much positive in offering a lot of services to satisfy customer needs and perceptions such as status, enjoyment, attractiveness, convenience, health or nutrition; will accept suggestion and criticisms to improve our business; will utilize with honesty and credibility thru our products and services; and will be always open-minded to those other competitors and will seek only the best. The business is located at a very accessible place to everyone. This would be the only establishment on the place rendering seven services which include Movie, Jacuzzi, Spa, Restaurant, Acupuncture, Kids Corner, and Ventosa. It also provides hip and soothing music to those who are weary from work and school. And a perfect

ambiance inspired by Eco Park that people will surely love especially those who are environmental friendly. The marketability or salability of the proposed food and service is anticipated, since this project entails to be free from pollution and noise- a Perfect Getaway. The food and services shall be introduced and promoted through posters, billboards, banners and radio ads. 3. TECHNICALITY The proposed business is an establishment rendering seven services. Factors to be considered in technical study are: (1) Composition of the food and services such as physical, mechanical, and chemical properties is described. (2) Design plant lay-out for the workers to easily work and carry duties and responsibilities. (3) Machinery in which the number specification, rated capacities, prices of equipment and auxiliary equipment should be considered. Also, the availability of spare parts and repair services such as quotation from supplier, machinery guarantees, delivery, and terms of payment are other factors to be studied. (4) The location must be desirable in terms of distance to source of raw materials, markets, and demand of the foods and services to be offered and rendered. (5) The availability, combination, current and prospective sources and costs of raw materials should be determined. (6) The management will provide cleanliness of the facilities, especially the food for satisfaction of customers. (7) The place will be safe. Secretly installed cameras will monitor every move to ensure the security of the customers. Two security guards simultaneously assigned to the area will guarantee the safety of the clients. This will be backed up by policemen assigned at the outpost nearby. (8) Utilities and waste disposal which includes the specific utilities such as electricity, fuel, water, supplies and their respective uses, and quantity required. And (9) Applying properhygiene, sanitation and safety such as Changing room and separate area for clothing and shoes that are not worn for work, which may be combined; Separate hand-washing facilities in a convenient place for staff to use, with soap, clean water, nail brushes and clean towels; First aid materials in an accessible place; Protective clothing, including gloves and shoes if appropriate, should be provided and

laundered regularly and Cleaning chemicals should be stored away from the processing room. 4. SERVICE TO THE COMMUNITY AND TO EMPLOYEES Seven Nevaeh will help boost the economic status of Paseo de Roxas corner Villar St. Makati City because it will provide a great number of jobs for the unemployed folks in the area, thus, giving them more opportunities in life. The company on the other hand will give assurance to the employees like a good working condition, facilities for a conductive maintenance of their health incentives and many other benefits required by the labor code, plus benefits given by the company itself. In terms of business registration, steps have been taken or are planned to register the business with tax authorities, local government and Department of Health for hygiene inspection and certification. To be socio-economic feasible, the business will be very much responsible in promoting environmental, clean air act, proper waste disposal

and recovery of waste products that before deciding how to discard waste materials, the engineer should always think for recycle, reuse or for sale. The partners will make sure of the observance and God-fearing to all of them. 5. PERSONAL SATISFACTION The objective of the business is to witness a perfect getaway or paradise which entails to be free from pollution, noise and an ambiance that will make the customers feel like he/she is a part of the nature. And a place to perceive a happy families, friends who wishes to have a bonding at the same time a feeling of sensation, who eats together and also to maximize its profit.

VI. HIGHLIGHTS OF THE BUSINESS History of the Business Filipinos are one of the happiest people in the world. Even how stressed and exhausted they are, they still manage to put a smile on their faces. We decided to put up a business where people can go and just have fun, relax and smile. They would set aside all the problems in work, school, and family and enjoy while having a peaceful time with us. There are many soothing activities to do but we picked the top seven.

Nature and Type of the Business Seven Nevaeh is a 7-in-1 spot which offers good and relaxing services to the customers. It offers a wide range of soothing services to give customers a break to shake off stress, make it a hobby or as a family and friends bonding place. They can enjoy all at the same time. No more worries for babies and small kids because we saved a place where they can play and roam around. People can make reservations or they can just walk in and the staff will be glad to serve anything our business offers.

Mode of Financing The five, all capitalist partners contributed cash amounting as follows: Dela Cruz, Trisha L. Personal Cash Contribution Cash loaned at a bank( Short- term Borrowings) Total investment - Php 1,650,000.00 350,000.00

Php 2,000,000.00

De Pablo, Erica T. Personal Cash Contribution - Php 1,300,000.00 700,000.00

Cash loaned at a bank( Medium- term Borrowings) Total investment Domingo, Keren Joy C. : Personal Cash Contribution Cash loaned at a bank( Short- term Borrowings) Total investment Domingo, Rhona D. : Php 2,000,000.00

- Php 1,500,000.00 500,000.00

Php 2,000,000.00

Personal Cash Contribution

- Php950,000.00

Cash loaned at a bank( Medium-term Borrowings) -__ 1,050,000.00 Total investment Esmero, Camille Joy M. : - Php650,000.00 - 1,350,000.00 Php 2,000,000.00 Php 2,000,000.00

Personal Cash Contribution Cash loaned at a bank( Long-term Borrowings) Total investment

Over-all Capital Investment

Php 10,000,000.00

Investment Cost I. Property, Plant and Equipment A. Building Establishment P 5,000,000.00 B. Equipments B.1 Spa Equipments: RF MACHINE (THERMICS) dual frequency 150,000 face 0.5MHz, body 0.3MHz Facial Bed with Hydraulic tools (5,500 x 3 pcs.) 16,500 Facial Steamers (DERMATEK JAPAN) (6500x 3 pcs.) 19,500 -sterilizer and whitener, w/ fixed handle and temp Safety control device Facial Trolley 3-level trolley cart (2,500x 3pcs) 7,500 Wax warmer ( 2,000 x 2 pcs.) 4,000 Cautery Machine (DERMATEK JAPAN) 8,000 Magnifying Lamps (DERMATEK JAPAN) (5,500x 3pcs.) 16,500 FOOT SPA Equipment 2,500 Carrier 1HP Air conditioner 5,500 Other Decorations 10,000 240,000.00 B.2 Movie Equipments: Hitachi 3LCD Projector CP-RX82 28,405 with60 x 60 Tripod Screen Cinema Chairs ( 3500 x 25 pcs.) 87,500 MG Audio-Box Amplifiers ( 3500 x 4 pcs.) 14,000 NEO 10.1 Laptop 12,000 BEATO LG AIRCON 2.5HP made in KOREA 15,000 Other Decorations 15,000 171,905.00 B.3 Ventosa Equipment: Massage Bed with Hydraulic tools (5,500 x 3 pcs.) Facial Trolley 3-level trolley cart (2,500x 3pcs) Ventosa Massage Glasses ( 450 X 15 pcs) Carrier 1HP Air conditioner Other Decorations B.4 Kids Corner Equipment: Bouncing Castle Inflatable Shoe Rack Carrier 1HP Air conditioner Other Decorations 25,000 1,500 5,500 5,500 37,500.00 16,500 7,500 6,750 5,500 10,000 46,250.00

B.5 Jacuzzi Equipment Towels Other Decorations B.6 Acupuncture Equipment:

300,000 5,000 15,000 320,000.00

Massage Bed with Hydraulic tools (5,500 x 3 pcs.) 16,500 Acupuncture Needles 10,000 pcs (100 boxes) 10,612.82 Facial Trolley 3-level trolley cart (2,500x 3pcs) 7,500 Carrier 1HP Air conditioner 5,500 Other Decorations 6,500 46,612.82 B.7 Restaurant Equipment: Food: Pasta Noodles Supply (for 3 months) 55,000 Flour Supply (for 3 months) 55,000 Fruits Supply (for 1 month) 73,000 Beverages Supply (for 3 months) 110,500 Tables (700 x 15 pcs.) 10,500 Chairs (500 x 25 pcs) 12,500 Kitchen Utensils (spoons, forks, knives Etc.)5,000 Drinking Glasses (200 X 30 pcs.) 6,000 Plates (300 X 30 pcs.) 9,000 Gas Range w/ oven 25,000 LPG 3,000 Condiments (soy sauce, vinegar Etc) 1,500 Frying and Cooking Pans 8,000 Table Cloth and Napkins 1,000 Decorations 10,000 BEATO LG AIRCON 2.5HP made in KOREA 15,000 400,000.00 Front Desk Decorations: Sala set with Center table Front desk Table w/ chair Other Decorations II. 17,000 7,500 15,000 39,500.00 Organizational and Pre-Operating Expenses: 5,000 1,500,000 1,505,000.00 Over-all Investment Cost Php 7,806,767.82

A. Advertising Expense B. Allotment for Employees Salaries

Gantt Chart of Seven Nevaeh

January Activity
1st 2nd 3rd 4th 1st

2nd 3rd 4th 1st

2nd 3rd 4th

Decide to go to business Market Analysis Develop concept for product and services Site Selection Partnership Agreement Business Registration Fund Gathering Organizational Plan Marketing Plan and Sales Strategies Production Plan Financial Plan Start of Operation