Professional Documents
Culture Documents
GROUP 9
Matienzo, Rheyzel
ABM-D
Bauan Technical High School 10
Chapter I
Introduction
The proponents come up to this business because first of all they want a
new and unique product to the market, they also want a nutritious and high quality
supply the needs of customers. It will help the egg vendors in terms of increasing
The proponents under the company and product name OMEFE’ that
focuses on manufacturing and selling of the product with unique and innovative
company aims to give unique and high quality product that will surely alline and
the proposed area and how the product will create impact is the line of this industry.
After gathering and analyzing the data, the proponents believed that starting a
business is rough road, expecting to have many problems and errors that will
occur. Even though the proponents expect problems, they are aware for their
business.
Food is any nutritious substance that people eat or drink to maintain life and
growth. Humans are omnivorous animals that can consume both plant and animal
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products. There are four (4) basic food energy sources the fats, proteins,
lipids. Fats are produced by organic processes in animals and plants. All fats are
insoluble in water and have a density significantly below that of water. A protein is
a complex, high molecular weight organic compound that consists of amino acids
joined by peptide bonds. Protein is essential to the structure and function of all
living cells and viruses. Carbohydrates are chemical compounds which act as the
primary biological means of storing or consuming energy; other forms being via fat
and protein.
hard shell of calcium carbonates enclosing a liquid white, a single yolk and an air
cell. While the other ingredients are cheese, bell pepper and ham. Cheese is a
dairy product derived from milk that is produced in a wide range of flavors, textures,
and forms by coagulation of the milk protein casein. Bell pepper is a cultivar group
of the species Capsicum annuim. They have different colors but only the red and
green bell pepper were used in the proponent’s product. The ham is pork from a
leg cut that has been preserved by wet or dry curing, with or without smoking. As
a processed meat, the term “ham” includes both whole cuts of meat and ones that
of omefe’, it will catch the attention of the customers who wants pizza and omelet
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especially the people who are walking nearby the location of their business. The
only flavor of their omezza is ham and cheese, while the milk tea have 3 flavors, it
is the wintermelon, classic milk bubble tea with tapioca pearls and fruit ice tea. The
coffee also have 3 flavors, the espresso, café latte and cappuccino.
offers just like the proponent’s business, the combination of omezza with coffee
and milk tea. That is one of the reason why the proponents come up to this
business.
One of the specialty of their menu is the fragrance of bell pepper, it helps
the product to be popular in the market. And also the when the product is divided
to pieces the cheese were oozing and melting. And omezza came to the word
affordable and high quality product with a twist. This product can satisfy people’s
Vision
product in the year 2025. They also want to be the best business in the market.
The proponents aims to attract and gain the trust of many customers with the
proponent’s business.
Mission Statement
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Omefe’ aims to produce and sell healthy, delicious, clean, nutritious, and
high quality of omelet, coffee and milk tea for the clientele’s. To earn the trust and
loyalty of the customers, to improve the business. And to provide the best quality,
Company, aims to satisfy customers, build a strong influence in the market and
The target market potential clients or customers are aged 7-50. The omefe’ can
customers and their ability to introduce it to others. The study is supposed to gather
the target market and different methods used. It describes market situation where
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the product can be identified through demand analysis. The limitation of this market
aspect is that the proponents will not be able to gather other relevant information
The technical aspect is one of the essentials of this study because this
factor responds to the technicalities and basic structure of the proposed study. The
number of raw materials and equipment needed. The proponents must meet the
business. The qualification and description for shall be included in the company’s
regulation. Management should plan all the activities to perform to become more
monitoring cash flow, accounting, decision making and measuring results. The
prices of their product will be accordingly to the price of raw materials used. These
will identify if the business of the proponents will be stable in the market. The
proponent’s capital will be divided to 50% and 50%. Their capital will be 3 million
The socio economic aspect is the study of how economic activity affects the
and other fees can help the government. As a business they can contribute to the
community by giving work to the unemployed people. The firm would practice the
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proper waste management so that it can help the environment of the proponents
business. The dump truck will come in Tuesdays and Saturdays, 10 o’clock in the
morning.
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CHAPTER II
MARKET STUDY
Without marketing the proponents may offer the best products, but none of the
clientele’s would know about it. This is why the proponents had a chance to know
and threats.
Target Market
the business wants to sell its products and direct its marketing efforts to. The target
market of the proposed business are the people aged from 7-50 years old who
wants coffee, milk tea and omelet. The proponents business is located at S. Ylagan
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Poblacion Bauan, Batangas. This can be reach through facebook page and word
SWOT Analysis
weaknesses, opportunities and threats. It will also help the proponents to know
Strength
because the location of their business is near the church, school and also beside
the main road. It can help the business to be popular to the customers. They can
Product and Service Quality. The proponents can assure that the
business product will satisfy the customer’s cravings in omelet, coffee and milk tea.
When it comes to service, the proponents will make sure that the customers will
Weaknesses
business.
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at the age, the proponents lack the experience in managing the business, this may
serves as one of the weaknesses of the proponents firm. They will encounter
problems that are new in their perception but through training and development,
Opportunities
service and permits the firm to enhance its position by supplying it.
for many purposes. The proponents will create pages, promote their product
through posting in social media. The customers will know about the proponents
is one of the best advertising. It can help the proponents to grow and to be popular
Threats
technologically advance impossible now is just a work, so it is just easy for the
business entrant in the industry because if the cost of materials increases and the
firm is not yet ready, it may cause low production. Though there is an increase of
raw materials, the business proponents will make sure that it will not affect the
quality of the product and also the price of the product will not be affected.
would cause permanent injury with its illegitimate brand name not only in terms of
There are competitors that have been on the market longer than the proponents
business. And also there are competitors that is more popular to the customers,
appropriately and necessitates a lot of understanding with the 4p’s product, price,
place and promotion of the business. The business proponents planned on doing
a facebook page, flyers, tarpaulin, giving a free taste and word of mouth.
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Sugar 1.7 g
The proponent’s nutrition facts stated that there are many vitamins that is
contained to their product. It proves that the proponents business is nutritious and
healthy.
Product
The proponents want to create a business that is unique in the market. This
also good for the people who are maintaining a good body. The proponents come
up to this business because they want to sell a unique and affordable product.
Product Quality
quality and affordable product. It can be a snack and also a breakfast, your tummy
will be full. If they want coffee, milk tea and omelet with the flavor of ham and
cheese, they can go to the proponent’s location to buy their product. The
customers will try to go to the proponent’s café, the omefe’. Omefe’ offers coffee
with omezza, milk tea with omezza and it can be coffee, milk tea and omezza only.
Product Category
Omelet, coffee and milk tea is very popular to everyone. When the time
goes by, inflation rate is continuously rising. So, the proponents create a substitute
for breakfast and snack which is the Omefe’, a café which has coffee, milk tea and
Business Name
came from the word omezza and café. This is a nutritious, delicious and have a
high quality product. The customers will not regret to buy the proponents product.
Without the business name, a firm could not identify its product. The proponents
customers.
Business Name
Figure 2.1
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Logo
Figure 2.2
Packaging
Figure 2.3
if they want to make take-out orders, the proponents decided to pack the product
in a hinge plastic container, while the coffee and milk tea will be put in take-out cup
carriers. If they want to eat and drink it in the proponent’s location then, the
Pricing
Pricing is the process whereby a business sets the price at which it will sell
its products and services, and may be part of the business’s marketing plan.
Table 2.1
Total Cost/Unit 63
Markup (20%) 13
Selling Price-Consumers (VAT Exc) 76
Input VAT 12% 9
Selling Price Consumers (VAT Inc) 85
MENU PRICE
COFFEE
Espresso 100.00
Café Latte 110.00
Cappuccino 79.00
MILK TEA
Wintermelon 110.00
Classic Milk Bubble Tea with Tapioca 90.00
Pearls
Fruit Iced Tea 80.00
The selling price of the product are computed based on the raw materials
and labor cost. The mark-up is included to add the value of the product and for
business to grow. Proponents put 20% mark-up with input vat of 12% to get the
Competitive Pricing
Table 2.2
Hebrews Café
Ice Blended Coffee
Caramel 99
Hazelnut 105
Toffee Mocha 99
Cookies And Cream 115
Chocolate Chip 115
Coffee Jelly 115
Salted Popcorn 115
Ice Blended Non Coffee
Banana Chocnut 95
Choco Mint 99
Mango Graham 105
Matcha Frappe 115
Creme Brulee 115
Strawberry Donut 115
Blueberry Cheesecake 120
Hot Drinks
Americano 79
Cappuccino 79
Café Latte 79
Hot Chocolate 85
Matcha Latte 115
Mocha 89
Caramel 99
Cold Drinks
Iced Latte 95
Iced Mocha 89
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Iced Coffee 79
Iced Caramel Macchiato 99
Fruit Slush
Lemon Cucumber 85
Honey Lemonade 85
Passion Mango 85
Blue Lychee 85
Green Apple 85
Sandwich
Hebrews Sandwich 115
Egg & Tuna 95
Tuna Applemelt 95
Cheesy Pineapple 95
BO’S Coffee
Breakfast
Platters
Bo’s Breakfast Platter 250
Bacon Breakfast Platter 175
Ham Breakfast Platter 175
Sausage Breakfast Platter 175
Corned Beef Breakfast Platter 175
Pancake Platter 175
Sandwiches
Spam & Egg Sandwich 155
Ham & Egg Sandwich 155
Omelettes
Vigan Longganisa Omelette 195
Sausage & Cheese Omelette 195
Grilled Sandwiches
Grilled Bacon Lettuce & Tomato 205
Sandwich
Grilled Hawaiian Cheese Sandwich 195
Grilled Tuna Cheese Sandwich 195
Grilled Triple Cheese Sandwich 185
Brewed Coffee
Drip 95 110 125
French Press 110
Espresso
Solo Doppio
Espresso 105 120
Espresso Macchiato 105 120
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There is uniqueness of the proponent’s product because it is the first time that they
Channel of Distribution
and finally to the customers. Good relationship with them can save the time that
Channel of Distribution is the path through which goods and services was
given by the supplier to the manufacturer then serving it to the customers. The
supplier of raw materials were located in the market of Bauan Batangas. And then
PROMOTION
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service. There are many promotion offers by the Omefe’ Company, just like,
Mother’s Day and Valentine’s Day). They also have raffle every founding
anniversary of the company and sales promotion every three months, buy 1 get 1
free.
PROMOTION MIX
marketer’s task is to find the right promotion mix for a particular brand. The
Facebook Page
Figure 2.4
Flyers
Figure 2.5
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Tarpaulin
Figure 2.6
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CHAPTER III
TECHNICAL STUDY
The aspect of the study looks at the technical description of the product, the
product process and all the other related technical concerns. It includes the
process of how the product has been developed including the daily production and
stronger base for the recommendations provided at the end of the appraisal phase.
2. To determine the production schedule and time needs for the production
process.
4. To identify the proper location for the business and the production of the
product.
PRODUCT DESCRIPTION
Coffee and egg is a favorite breakfast, a light meal taken in the morning.
Egg recipe, usually stands out among others breakfast since it has its own distinct
and tasty flavor. Milk tea is a favorite drinks and snacks of Filipino, it is popular in
terms of “pasalubong” and there are different flavor of this. So the business
Omefe’ is a café that can give the customers good appetite and especially
to make the body healthy and nutritious. The business of the proponent’s, omefe’
is not just a café shop that can full your tummy, it also helps the body to be more
PRODUCTION PROCESS
prepare all the ingredients they need so that they can make their product. The
ingredients they need are butter, egg, cheese, bell pepper, ham, black pepper, salt
and oil. The materials needed are knife, chopping board, whisk, bowl, plate, turner,
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grater, frying pan. This process will consume of 30 minutes and can be done by
both of them.
2. Slicing of ham and bell pepper. This process need to cut so that it will
become a small pieces. This process will consume 20 minutes done by worker 1.
3. Frying of bell pepper and ham. This process need to fry the bell pepper
4. Crack the egg, put salt and black pepper then stir well. This process
need to crack the egg, then after that put a little bit of salt and black pepper so that
the egg will be tasty and then stir it well. This process will consume 20 minutes
done by worker 1.
5. Put butter in the frying pan. Instead of oil, they put butter to cook the
6. Put the egg in the frying pan. After putting the butter, put the egg so
that it will be cooked. This process will consume 5 minutes done by worker 1.
7. Put the bell pepper and ham in one side, then grate the cheese. This
process should be done while the egg is in the frying pan so that the bell pepper
and ham will cling in the egg and the cheese will melt. This process will consume
8. Fold the egg in one side. This process should fold the egg in one side
so that it will be an omelet style. This process will consume 20 minutes done by
worker 1.
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9. Put the finished product to the package. After they done cooking their
product, they put it in their packaging. This process will consume 30 minutes done
by both of them.
10. Put toppings in the finished product. After putting the product in the
package they will put again the bell pepper, ham and grate cheese so that it will
become attractive to the eyes of customers. After that they packaged it properly.
11. Cleaning. After they finished the packaging they will clean the area.
Wore
PRODUCTION SCHEDULE
In the first year of operation shows the production schedule of the Omefe’
yearly starting 2021 to 2025. It shows the daily, weekly, monthly and annually
production with 10% increase every year. In 2021 - 2025 it increases based on its
percentage because proponents believe that it will be profitable in the future year.
Plant Location
In starting-up, business proponents should have the plant location were the
business is located. It is about the equipment and materials which the final product
will made.
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The plant size and layout is important because it is where the customers
will go and avail the product of the proponents. The plant layout can affect the flow
using the proper equipment it can lessen accidents inside the workplace.
Figure 3.3
Stainless Steel
Dad Bear
Non slip
comfort grip
Total 55,775.48
Cutting board. Is a durable board on which to place material for cutting. The
Kitchen knife. Knife that is intended to be used in food preparation. While much
Scissors. A pair of scissors consists of a pair of metal blades pivoted so that the
sharpened edges slide against each other when the handles opposite to the pivot
are closed.
wires are usually metal, but some are plastic for use with nonstick cookware.
Frying pan. Is a flat-bottomed pan used for frying, searing, and browning foods.
Larger pans may have a small grab handle opposite the main handle.
Saucer. Is a small, rounded dish. Saucers that live under cups are useful for
serve food. The interior of a bowl is characteristically shaped like a spherical cap,
Toothpick. Is a small thin stick of wood, plastic, bamboo, metal, bone or other
substance with at least one and sometimes two sharp ends to insert between teeth
Turner. A food turner with a broad blade used for turning or serving fish or other
Grater. A grater is a kitchen utensil used to grate foods into fine pieces. It was
Stove. A stove is a piece of equipment which provides heat, either for cooking or
for heating a room, an apparatus for cooking or heating that operates by burning
used to store food and drink. Modern refrigerators generally make use of the
a defined, usually enclosed area via a refrigeration cycle in which warm air is
Exhaust Fan. This instrument is used to pull odors, fumes, and moisture from an
The table shows the kitchen equipment that are going to use in order to
create Omezza. With the help of the kitchen equipment it gives a benefit to the
business.
Office furniture and fixtures is needed so that the customers and also the
Figure 3.4
New design
Tables and 5 3,058.04 15,290.20
metal table
Chairs
Total 15,290.20
Tables. It is an item of furniture with a flat top and one or more legs, used as a
surface for working at, eating from or on which to place things. Table, especially
one seating several persons, where meals are served and eaten, especially the
Chairs. It is a piece of furniture used for sitting on and it can also be used for
standing on, if you can't reach something. They usually have four legs to support
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the weight. Some types of chairs, such as the bar-stool, have only one leg in the
Office Supplies
Office supplies are important in keeping the operations in the office. This
Office Supplies
Figure 3.5
Ballpen. This refers to a tool durable and essay to carry. It is for writing
performance for every use. A pen that has small metal ball as the point of transfer
and use in office machines including copiers and network and desktop printers. It
produced.
simplest can do only addition, subtraction, multiplication, and division. It is used for
Fastener. This refers the thing use to compile papers. It is normally used in a lot
Folder. Is a folding cover on holder, typically made of cardboard, for storing loose
papers. Is a way to organize computer files it is a storage space where many files
can be placed into groups. It is a folded leaflet or a booklet made of folded sheets
of paper.
Puncher. A tool for making holes or indentations. A tool for circular or other
Record Book. Is a book that has records of the best or most remarkable
figuratively his long jump earned him a place in the record book.
Scissors. Is an instrument used for cutting cloth, paper and other thin material
consisting of two blades laid one on top of the other and fastened in the middle.
substance enclosed in a long thin piece of wood or fixed in a metal or plastic case.
Maintenance Supplies
It is important to keep the workplace clean so that the workers can focus on
Maintenance Supplies
Figure 3.6
without the need for workers to touch soiled surfaces with their hands.
Toilet Brush with Holder. Generally the toilet brush is used with toilet
cleaner or bleach. The toilet brush can be used to clean the upper area of the toilet,
Broom. A broom is a kind of brush with a long handle. You use a broom for
sweeping the floor. A broom is a cleaning tool consisting of usually stiff fibers.
Dustpan. A dustpan, the small version of which is also known as a half brush and
broom or long brush. The small dustpan may appear to be a type of flat scoop.
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Mop. A mop is a tool for cleaning a floor. Most mops have a long handle and a
sponge or bundle of absorbent strings on one end. It is used to soak up liquid, for
cleaning floors and other surfaces, to mop up dust, or for other cleaning purposes.
Glass Cleaner. Is the exterior cleaning of architectural glass used for structural,
Sponge. A sponge is a tool or cleaning aid made of soft, porous material. Typically
used for cleaning impervious surfaces, sponges are especially good at absorbing
water and water-based solutions. Kitchen sponges are used for cleaning dirty
surfaces.
other flat surface. A doormat is a mat by a door which people can wipe their shoes
on when they enter a house, for people arriving to wipe their shoes on before
entering.
Tissue. It is a lightweight paper or, light crêpe paper. Tissue can be made from
Trash Can. A waste container is a container for temporarily storing waste, and is
usually made out of metal or plastic. Some common terms are dustbin, garbage
can, and trash can. A container that holds materials that have been thrown away.
skin irritation, and is primarily used for hand washing of glasses, plates, cutlery,
Dishwashing Towel. Oftentimes, we think that any sponge and cloth would be
enough to clean our dishes with but it’s still better if we use an actual dishwashing
towel. These towels will clean your dishes faster and it’s important to make sure
Fire Extinguisher. This is a tool use to extinguish small fire and use for safety and
emergency purposes.
Rent Expense
Rent expense is an account that lists the cost of occupying rental property
during a reporting period. The proponents decided to rent in the Kapitan Ponso St.
Rent Expense
3.7
Leasehold Improvements
tenant to leased space. It is the renovation of the proponents to their rental building.
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Leasehold Improvements
3.8
Direct Materials
It is the ingredients that is used in the making the product. The source of
process.
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Figure 3.9
(Php) (Php)
sachet
red
Products
Total 48.00
Indirect Materials
Indirect materials are materials which cannot easily be traced with the
finished product. Without indirect materials, the product would not be possible.
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Indirect Materials
Figure 3.10
Container
Sleeves
Total 289.92
Utilities Expense
firm’s operation easier and more efficient. Utilities help the business to function
well.
Utilities Expense
Figure 3.11
Total 91,200.00
Electricity. First Bay will provide the electric supply needed for the production.
The business needed electric supply for it to have a good production since the
business offers product that requires the help of electrical equipment’s. Monthly
Water. Aqua Data Water District will provide the water supply. Water supply will
be needed by the employees of the firm for their personal usage such as water for
the comfort rooms and the lavatory. The water consumption will cost Php 2,000
monthly.
communicate with customers and suppliers for the benefit of the firm. The monthly
LPG refill. Island Gas will be the proponent’s supplier for LPG refill. It will be need
by the business in making the product. It is used for cooking, the LPG consumption
Waste Management
will have their waste collected in every Tuesday and Saturday at 10 o’clock in the
morning, the garbage truck will collect it to make sure the cleanliness of the
non-biodegradable, bottles and papers. This should always be included from the
day the business was planned. The proponents decided to sell the non-
biodegradable wastes like plastics, cans, bottles and the likes to junkshops. It can
be helpful to the proponents because they can make a profit by selling that.
cashier, and will hire 2 cooks. They will work 8 hours from Monday to Saturday.
Figure 3.12
Manager/Bookkeeper
it. In some cases, the manager is in charge of the whole business. The manager
Cashier
Cook/Worker
CHAPTER IV
MANAGEMENT STUDY
a high concern for both employees and tasks. It consists of job description, which
qualification of candidates.
compliance with the legal requirements for the business to operate. The
Like proprietorships, the law does not distinguish between the business and its
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owners. They are sharing their own ideas to each other and they are helping each
other in decision making to have a good business. Their capital were agreed by
the partners. The partners should have a legal agreement that sets forth how
decisions will be made, profits will be shared, disputes will be resolved, how future
partners will be admitted to the partnership, how partners can be bought out, or
what steps will be taken to dissolve the partnership when needed. It can be
Capitalization
operation. Each partners will have their own share worth Php 3,000,000.00 that
will come from their personal savings. This will cover all the necessary cost from
the business transactions and operation. This capital will serve as the initial
investment for the tools, materials, equipment, supplies, and building cost needed
Contribution of Partners
Proponents Capitalization
Dimalibot, Hanah Jane H. 1,000,000.00
Matienzo, Rheyzel Jane 1,000,000.00
Silang, Cris Jhune c. 1,000,000.00
Total Php3,000,000
Table 4.1 The table shows that the proponent’s capital were equally
divided worth Php 1,000,000.00 and the total of their capital were Php
3,000,000.00.
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Organizational Structure
In the figure 4.1 shows that the top of the line structure partners will act as a
the business and the operation firm. Under the manager is the cashier that assign
to ensure the customer’s purchase and to collect payment, the cook/worker is the
only one managing the production of omezza and who create the proponent’s
product which is omezza, the coffee and also the milk tea. They are the one who
Organizational Chart
Manager/
Bookkeeper
Cashier Cook/Worker
manager who has the overall responsibility on managing both the revenue and
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cost element of the company’s income statement. The manpower should have
Table 4.1
Job Description
product and customer requirements, defining the product vision, and working
closely with engineering, sale, marketing and support to ensure revenue and
The Product Manager’s job also includes ensuring that the product supports
the company’s overall strategy and goals. The responsibilities set vary depending
Manager/Bookeeper
sanitary regulations
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sales
necessary
Responsible for payroll and paying outside food and supply accounts.
Cook/Worker
Cashier
The ones who make the deposits to the bank each day.
Job Specification
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This product manager job specification template includes the list of most
important product manager’s duties and responsibilities. This product manager job
specification template is customize and ready to post to job boards. Use this
Manager/Bookkeeper
Cook/Worker
Probably NC II Holder.
Cashier
Compensation
monetary value to an employee for their work by means of the company’s policy
use a variety of pay structures depending on the type of work environmental and
the nature of the work being performed. Also refers to systematic approach to
in exchange for the work they do. It may help fill job vacancies, improve work.
Table 4.2
Compensation
Table 4.3 shows the schedule of compensation that each employee will
receive per month and annually. The manager/bookkeeper will receive 8,952.00
monthly, the cashier will receive 6,720.00 monthly, and the cook/worker will
Other Benefits
other than salaries and wages such as 13th month pay, SSS, Pag-ibig, and
PhilHealth in order for the employees to attain the outmost safety, security and to
give them for the purpose of motivation and the same time, a compliance with the
government employee.
Table 4.3
SSS Contribution
Position No. EMPLOYEE-EMPLOYER
Social Security EC Total Contribution
ER EE Total ER ER EE Total
Manager/ 1 720.00 360.00 1,080.00 10 730.00 360.00 1,090.00
Bookkeeper
Cashier 1 520.00 260.00 780.00 10 530.00 260.00 790.00
Cook/Worker 2 1,160.00 580.00 1,740.00 10 1,170.00 580.00 1,750.00
Table 4.4
Phil Health Contribution
Position No of Workers Total Monthly Premium
Employee Share Employer Share
Table 4.5
Pag-ibig Contribution
Organizational Policies
order to maintain the discipline of the workers and that will lead to the success of
the employees, customers, retailers and suppliers policies. Omefe’ policies are:
2. Worker must come to work before 8 in the morning and will out at 4 in the
afternoon.
3. Employees must always notify the manager if he/she will be absent for
the day.
4. Salaries and wages of the workers will be paid every 15th and 30th day of
the month.
5. When someone didn’t follow the policies of the business will have the
right punishment.
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date.
2. The ordered goods must arrived at the exact location and time.
Legal Requirements
1. Mayors Permit
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documents.
6. Sanitary fee
7. Pictures of the place of business and its assets, other than cash,
(SEC).
The propose business will be benefiting from the community where it is located,
thus it must return the favor by giving its right contribution in such community. It
should acquire a clearance from the barangay where the industry to be located for
from the community where it is located, thus it must return the favor by giving its
V. Application for Mayor’s Permit Application for Mayor’s Permit shall be done at
the City Mayor’s Office, specifically in the Permits and Licenses Division. The
4. Certificate from the officer in charge of Zoning Division stating that the
5. Tax clearance, certifying that all tax obligations has been paid;
payments of professional tax free, occupation fee, as the case may be the
VI. Confirmation of the Application Form with the following offices for its Inspection,
duly registered to Bureau of Food and Drugs, the governing body that ensures the
VIII. Payment of all the necessary fees and taxes at the City Treasurer’s Office
1. Legal Fees
4. Sanitary Fee
6. Transportation Fees
The last part of the registration process is the registration with the
Bureau of Internal Revenue. This is done for the systematic payment of tax, for the
Table 4.4
Table 4.4 shows the taxes and licenses paid by the proponents.
ARTICLES OF PARTNERSHIP
Of
Omezza Establishment
That we, the undersigned all of legal age and residents of the republic of
the Philippines have agreed to amend a limited partnership under the terms and
conditions herein set forth and subject to the provisions of existing laws of the
ARTICLE II. That the principal office of the Partnership shall be located at
ARTICLE III. That the names and citizenship of the partners of said partnership
are as follows:
Name Citizenship
ARTICLE IV. That the term for which said partnership is to exist is 20 years from
Commission.
ARTICLE V. That the purpose for which said partnership is formed are as
follows:
ARTICLE VI.
That the capital of the partnership shall be Five Hundred Thousand Pesos
in Philippines.
Name Contribution
ARTICLE VII. That the profits and losses shall be divided pro-rata among the
partners.
general partner, such must be agreed upon by all the partners in writing and duty
recorded at least two (2) days after signing of same agreement. Such
shall such amendment be done less than one (1) year after the original recording
ARTICLE IX. That the contribution of each general partner may be returned to
him/her 3 years after the original recording of said partnership by the Securities
ARTICLE X. That the general partner maybe given the right to substitute an
assignee as contributor in his place, provided that he has duty notified his
partners in writing, provided further that such limited partner has already settled
ARTICLE XI. That the remaining general partner or partners shall have the right
ARTICLE XII. That the firm shall be under the management of Hanah Jane H.
ARTICLE XIII. That the partners willingly undertake to change the name of the
partnership immediately upon receipt of notice/ directive from the Securities and
Exchange Commission.
IN WITNESS WHERE OF, we have here unto set our hands this 26thday of
TIN TIN
TIN
ACKNOWLEGEMENT
BEFORE ME, a Notary Public, for and in Cagayan de Oro City, Philippines this
26th day of February, 2020 personally came and personally appeared the
voluntary act and deed WITNESS MY HAND AND SEAL on the date first above
written
Notary Public
PTR. No.
IBP No.
TIN
Bauan Batangas
Doc No:
Page No:
Bauan Technical High School 10
Book No:
Series of 2011
Generalization
prupose product business in its financial statements, financial ratios along with the
financial requirements it need and payback period. The entire financial requirement
from the materials needed for the production down to the legal requirement fees
along with the monthly and annual expense the firm has to pay after calculating
the expense needed by the firm to start and operate, the firm comes up with the
initial capital of Php 500,000.00 where the partners agreed to contribute an equal
amount of 1,500,000.
Bauan Technical High School 10
Chapter V
FINANCIAL STUDY
at how much cash is needed, where it will come from, and how it will be spent.
(Wolfe,2017)
This part of study show the ability of the business to generate earnings
regarding with the used of its financial resources, also the profitability and
every operation.
Initial Capital
The partners use to project cost as the basis for their contribution in the
firm. The capital that will be contributed by each partner will be used for the
Bauan Technical High School 10
acquisition of the needed tools and materials for the operation some office
equipment and supplies will also be purchased to be used by the officers to run
the business.
The partner's agreed that the initial capitalization is Php 3,000,000. The
said capitalization will be financed by the partners. Each partner will contribute an
Source of Financing
There’s a lot of financing intermediaries that can help every business to start
to finance the business will be from personal savings. The partners would
contribute the amount of Php 1,000.000 each to come up with the total needed
The cost of the project is derived from the sum of total fixed assets which
which include fees and licences, and the net working capital which includes the
cost of raw materials and other expenses. Determination of the total project cost
Bauan Technical High School 10
would help the partners to settle on a certain amount of capital necessary for the
Financial Assumption
1. Initial Capital
The funds, or capital, may come from a bank loan, a government grant,
outside investors, or the business owner's personal savings. The money is used
supplies, and hiring employees. The proponent’s initial capital is came from their
own personal savings, they have Php 1,000,000 shares to fulfill the Php 3,000,000
2. Working Days
Any day (other than Sunday or legal holiday) on which legal business can
31 would be implement.
4. Production Process
something for consumption. It is the act of creating the product, a good or service
which has value and contributes to the utility of individuals. In the first year of
operation, the business will have an annual production capacity of 5,184 maybe
dine in or take out and will increase its production by around 10% based on past
year’s production over the five-year operation. In every day it has 18 products.
5. Purchases
or services to accomplish its goals. Although there are several organizations that
attempt to set standards in the purchasing process, processes can vary greatly
between organizations. The proponent used different selling strategies to rise the
Bauan Technical High School 10
purchases. It will purchase its operational supplies every year and will increase
6. Sales
7. Labor
Labor rate per day for the workers is Php 350, in an hour they have a
salaries of Php 44. They will be paid on 15th and 30th day of the month and there
8. Employee benefits
13th month pay, SSS, PhilHealth, Pagibig and fringe benefits of the workers
are part of the manufacturing expenses. The employees benefits in the business
is the liability insurance to cover bodily injury or property damage claims that result
from accidents, like slips and falls. The policy also covers product liability, which
protects the proponents stall from claims arising from food-borne illnesses.
9. Utilities Expense
additional machinery would be purchased for the first five years operation.
12. Advertising
the result of operation is favorable. Partner's will be sharing their profit and losses
equally.
Financial Statements
to it. It may help the management for the decision making process, it also provides
Bauan Technical High School 10
records that convey the financial activities and condition of a business or entity and
how well a firm can use assets from its primary mode of business and generate
revenues.
The statement of financial position is another name for the balance sheet. It
is one of the main financial statements. The statement of financial position reports
an entity's assets, liabilities, and the difference in their totals as of the final moment
of an accounting period.
Total Owner’s
Equity
Total Liabilities
and Owner’s
Equity
Financial Analysis
statements for the primary purpose of forecasting the financial health of the
Although financial statements are essentially historical document and they tell what
was happening during a particular period of time, most users are concerned about
Financial Ratios
of two significant figures taken from financial statements. It expresses the direct
relationships between two or more quantities in the balance sheet and income
Liquidity Ratios
Liquidity ratios are ratios that measure the firm’s ability to meet cash needs
as they arise.
Current Ratios
ability.
Table 5.5
Bauan Technical High School 10
Current Ratio
Quick Ratios
Quick ratio is a much more vigorous test of a company’s ability to meet its
short term debts. Inventories are excluded from the total current assets leaving
Table 5.6
Quick Ratios
Working Capital
unpaid bills) and inventories of raw materials and finished goods, and its current
Gross profit margin shows the relationship between sales and cost of
products sold, measures the ability of a company to control costs and inventories
customers.
It is percentage of revenue left after all expenses have been deducted from
sales. The measurement reveals the amount of profit that a business can extract
from its total sales. The net sales part of the equation is gross sales minus all sales
commonly defined as net income divided by total assets, Net income is derived
from the income statement of the company and is the profit after taxes( Staff, 2017)
Debt Ratio
Debt ratio measures the proportion of all assets that are financed with debt.
The use of debt involves risk because debt carries a fixed obligation in the form
Equity Ratio
Bauan Technical High School 10
employs.it does so by comparing the total investment in assets to the total amount
Payback Period
Payback period measures the length of time to recover the amount of initial
outlay and the full recovery of the investment. Since the annual cash returns are
inflows and determining the point in time at which they equal the outlay.
Bauan Technical High School 10
Chapter VI
Bauan is located in the southern part of Batangas Province along the coastal
area at the southwestern tip of Luzon Island .It has a total land area of 6,667.69
Employment Generation
product.
Social Responsibility
consumers who want to make a positive difference with their purchases. Many
They also have extrinsic social comparison preferences which are based on their
Government
business strategy and business goals that are feasible by advocating for the
perspectives of their delivery team. Once set, product management advocates for
Environment
refers to factors and forces that affect a firm's ability to build and maintain
external the company that affect its ability to serve its customers.
Consumer
consumer. Alternatively called final goods, consumer goods are the end result of
production and manufacturing and are what a consumer will see stocked on the
store shelf. Consumer products, also referred to as final goods, are products that
consumer products are goods that are bought for consumption by the average
habits.
Bauan Technical High School 10
Supplier
A manufacturer to produce your own product idea. A supplier (who may also
and products. A dropshipper to supply products and fulfill orders of already existing
brands and products.A supplier is an entity that supplies goods and services to
another organization. This entity is part of the supply chain of a business, which
may provide the bulk of the value contained within its products. Some suppliers
may even engage in drop shipping, where they ship goods directly to the