Professional Documents
Culture Documents
CHAPTER 1
COMPANY PROFILE
provides great service of good quality bonsai plant. PHOEBE Garden target market
are the San Pedro and nearby towns such as Binan and Sta. Rosa City. The business
also accepts deliveries and special orders, like customize bonsai souvenirs for
This chapter, PHOEBE Garden discusses the content of the company profile
and explains the nature of the business that focus on selling bonsai plant and what
the business has to offer. It also explains the meaning of the business logo, tackles
the vision, mission statement, company values, company culture, and the objectives
of the business. The last part shows the capitalization needed to established the
Business History
The proponent bought out the idea of gardening business a newly in the
gardening business and since every one of us loves plant and planting, this led to us
January 2019 all members agreed to this kind of business, furthermore all of the
members are knowledgeable in planting and customizing bonsai plant souvenirs for
all occasion.
Business Logo
The Logo of the Business is a simple green mountain with bonsai tree plant.
The green mountain symbolizes the beauty of nature and the color green means
associated with money, give good vision and it also represents our environment and
ecosystem. The shadow bonsai tree plant symbolizes elegance and solidarity. White
represents cleanliness and successful beginning. And the color of our logo also
symbolizes eco-friendly color and it also represents our bonsai tree plant product so
the first thing that come up in their mind is Peace, Harmony, Organize,
Environment, Balance, and Ecosystem this is the meaning of the logo that’s why we
called it PHOEBE
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 3
“PHOEBE GARDEN” is a newly open garden shop located at Pacita, San Pedro
City, Laguna and its nearby towns like Binan City and Sta. Rosa City. The business
focuses mainly in buying and selling of good quality garden plants, indoor plants,
different variety of Bonsai plant/ bonsai tree and customized the plant souvenir for
all occasions. Laguna is fast becoming one of the top suburban choices for many
individuals and families who want a more relaxed place to live in, raise a family or
retire. Aside from having different environment and vibe the low cost of living in
this area makes it an attractive option for many that is why the business target
market are the individual and family homes within Laguna. PHOEBE GARDEN aims
not only to help in the interior beautification of family home but the business also
wish a good health and wellness for our customers and it is common knowledge
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 4
that indoor plants especially bonsai can clean and help purity the air in your home,
it has health benefits too, like it can be a great stress reliever, it can help fight
fatigue and it can even help get over your cough cold and sore throats. PHOEBE
GARDEN is open during 8:00 AM to 4:00 PM and we can deliver the bonsai direct to
our customer’s door step within Laguna area free of charge upon customer’s
request.
Vision
Our vision is not only to give a family home sophisticated style of tree plant
displays but simple and elegant ambiance, also envision a good health and wellness
Mission
Mission is to educate the customer for the beauty of garden by cleanly better
urban area.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 5
Company Values
uphold these values because it will make them conscious of correct and acceptable
practices.
guiding principles that dictate how people should behave and act. A company’s
values help people know the difference between right and wrong, and help
companies to determine if they are on the right path in fulfilling their business
goals.
In other words, company values are one of the most important things of the
company; it is partly the reason why customers choose the company. That’s why
PHOEBE GARDEN believes that creating values make the company become more
progressive.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 6
a team. Each every one of us has a right to give ideas, thoughts and suggestion to
taking care of the products. Third is Patience. Because this is not easy to manage,
this is not familiar to the millennial. So we have to need more patience. Fourth is
Transparency. We have great value associated with the honesty, exposure and even
transparent. The fifth is reasonable Risk taker. Because we are willing to do things
Company Culture
organization. It reflects overall attitudes of the company, how employees act, how
that makes up the organization and how all of the parts work together to fulfill the
employees of these companies are more engaged and more enthusiastic about
In other words company cultures are vital and important for company’s
success. That’s why PHOEBE GARDEN ensures a fair and balance relationship
between management and employees and vice versa in their everyday operation.
The management, employee should work together to fulfill the needs of both
parties because it will lead to a company’s main objective of meeting the needs of
the client and eventually will ensure company’s main goal of success.
The main objectives of the company are: (1) to maintain our product. (2)
provide a healthy product, our bonsai tree product is a good stress reliever and it
can help get over your cough, cold and sore throats. (3) provide work for others our
livelihood and (4) to increase the company’s profitability and to become successful.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 8
strategy
advertisement.
product by giving them good services and providing good quality of products;
To become one of the best and leading supplies of the bonsai three for the next
by depending to the desired figure and shape of the plant. Bonsai is usually put
Making bonsai tree plant is an easy process, we do only have to use creativity arts,
patience to create your desired shape and figure. Having bonsai at home create a
good aura/ambiance and at good atmosphere. As what other people say, that
bonsai tree plant brings good luck and charm. PHOEBE Garden accept limited and
bulk order of bonsai and other plants. Supply the needs of the target market and
Capitalization Requirements
structures. First, the inventory cost requirement, Second, the set-up cost and the
Third, is the operating cost. The total computed capital requirements will be funded
Total ₱145,600.00
Share's
requirements. Jenine May Monteiro, Justin Disonglo, Danielle Anne Gadian, Glydel
Ann Mutia, Arlyn Camus and Clyde Edrei Gocutano the money they will share are
from their work because they are working student. Figure 1.2 presents the equal
Inventory Cost
It shows the materials needed for customizing bouquets and bonsai plant combine.
Details can be read in the financial aspect. Total Inventory Cost ₱60,000.00
Set Up Cost
furniture & fixtures ,SEC registration ,Baranggay Clearance ,Mayors permit ,BIR
,Books of accounts ,Official receipts and Transportation. Details can be read in the
financial aspect.
Operating Cost1 `
CHAPTER 2
MANAGEMENT ASPECT
PHOEBE Garden. Also this chapter tackles the recruitment and hiring process of the
And the seminar and training program for continues growth of employees. The last
part of this chapter is the company policy that should be followed not only by the
Management Study
influences how the responsibilities and rules are assigned to each member of the
the decision making with his or her leadership team and open for the suggestion
and opinions of his member in the organization. This is one of the most effective
kinds of leadership because when the employees feel that they are part of the
organization they will feel more secure and contented and they will give their best
shared leadership, is a type of leadership style in which members of the group take
a more participative role in the decision-making process. This type of leadership can
group equality and the free flow of ideas, the leader of the group is still there to
offer guidance and control. The democratic leader is charged with deciding who is
in the group and who gets to contribute to the decisions that are made.
The manager is open to other opinions and welcomes their contribution into the
decision making process. Everyone has the opportunity to contribute ideas to the
decision. The proponents choose this kind of management because the proponents
believe if the workers feel that their opinion counts, and because of that feeling they
are secure and contented and more committed to achieve the organization goals
and objectives.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 14
Organizational Chart
The organizational chart presents the structure of the business. It shows the
charge at the top controls and manages the person below her or her subordinate
staff.
General
Manager
Organizational Structure
Job Description: General Manager set policies, operations, create and maintain
and prepare financial reports by compiling information, and preparing profit and
loss statement.
Job Description: Ensuring that all aspects of the production are completed within
budget according to the designer’s wishes and in time for the first public
performance.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 16
Job Description: A sales manager’s task often include assigning sales territories,
setting quotas, mentoring the members of her sales team, assigning sales training,
sales efforts. Resolve customer complaints regarding sales and service. Prepare and
Job Description: Manage and generate social content for promotion and in charge
of marketing budget and allocate or invest funds wisely and the day to day
marketing activities of the business and long term marketing strategies for the
business.
Job Specification: Managing all marketing for the business and activities within the
developing the marketing strategies for the business with company objectives.
Job Description: Guides and manages the overall provision of human resource
Review and
Online job
evaluation of Initial interview
posting
your resume
If PASS
Employement
Final interview Examination
test
If PASS If PASS
If PASS
If PASS If PASS
Figure 2.2 shows the recruitment to hiring process of PHOEBE GARDEN. The
first step is online job posting to give applicants an information about job hiring
and give them an opportunity to send their resume to the company website.
Second is review and evaluation of the resume of applicants. Third is initial interview
to know the personality and ability of the applicants. Fourth is the employment test-
written oral or on the job testing to determine whether a job applicant is suitable
for the position. Then the applicant will undergo the examination and if the
applicant passes the examination the applicant proceed to the final interview and if
the applicant pass the final interview he/she will undergo to the medical test to
check and to make sure that their health is suitable for the position. If the applicant
passes the medical exam he/she must be able to complete the requirements and
The training and seminar help the employees enhance their skills, capabilities
and expand their knowledge. Training process helps the employees to have quality
performance in their work. A seminar can be useful and helpful for employees.
attendees are to be inspired to become better employees and to apply the skills
expand the skills and knowledge base of your team. Compared to the cost of
recruiting new team members, training existing staff can fill a skills gap at a fraction
of the cost. However, despite the obvious benefits, many businesses still
PHOEBE Garden will conduct seminars and training for the old employees and new
employees who will join the organization to help them improve their skill and
expand their knowledge so they can give their best in the organization. It is fruitful
The proponents will have two ways or methods of training; the on the job
training. The motto of such training is “learning by doing”. On-the-job training, also
known as OJT, is teaching the skills, knowledge, and competencies that are needed
by employees to perform a specific job within the workplace and work environment.
And the second method is off the job training methods. The employees will have to
attend seminars that will help them expand their knowledge and improved their
skills. The seminars will teach employees the day to day operation of the Garden
business. Figure 2.1 shows the action plan for seminars and training program.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 21
protects the right of the employee and the employer to be fair to the both side of
the organization.
reinforce and clarify the standards expected of employees and help employers
and guidelines for best practices in certain work situations. They offer clear
communication to your employees as to how you expect them to act. Policies also
contribute to the overall culture of the workplace, because they instil norms and
values. (Kokemuller2004)
on the conditions of their employment and the policy they must follow. Having a
well written policy is very important because it allows the employees to clearly
Sanction:
Policy 2 No ID No entry
Sanction:
Sanction:
Sanction:
Sanction:
CHAPTER 3
MARKETING ASPECT
In this chapter the market study and market segmentation of the business
are elaborated. It explains the target market, SWOT analysis and summary of SWOT
analysis. It also discusses the competitors price checking and consumer buying
behavior of our customer. In this section the proponents also tackles marketing mix,
and strategy. The product life cycle stage and the marketing share are equally
discussed.
The proponents did survey in people in San Pedro and nearby areas (Binan).
They surveyed 500 people and get there feedback regarding their wants. And how
Ethical Consideration
In the duration of this study, the proponents made it sure that ethical
considerations were property observed. The aims and objectives of the study were
participate in the survey. On the other hand, the instrument or questionnaire that
was constructed by the proponents did not contain any degrading and
discriminating statement s or languages that may offend the respondents. More so,
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 27
the questionnaire that we designed aimed to collect only relevant information for
the study and there was no private or personal questions asked from the
respondents. This worked from different author that was used in any part of this
services are right to be offered in a market and to gather information about the
PHOEBE GARDEN
Table A
Distribution of Respondent
Table B
Survey Questionnaire
survey results among 4 respondents most of them are like plants. Therefore,
PHOEBE Garden will show the beauty of bonsai tree plant by customizing it.
libangan. Therefore, we will encouraging them that bonsai tree plant has many
Group.“I’ve been doing this in the last six years and I have always enjoyed it mon
said to be a successful bonsai grower, one must have an eye for art. This is
appealing form.
answered ”Garden Shop” while other respondents answered “At iba pa” ,
Furthermore, based on the survey results among 4 respondents most of them are
prepared to buy plant in Garden Shop. Therefore, we will make a free teaching on
Based on the analysis question number4 189 out of 500 respondents answered
on the survey results among 4 respondents most of them are prepared of buying
plants once a month. Therefore,we will have more stocks of bonsai tree plant.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 31
on the survey results among 4 respondents most of them are often buy Evergreen
bonsai tree. Therefore,we will provide more stocks of Evergreen bonsai tree.
the survey results among 4 respondents most of them are frequently purchased
costs 90 pesos. Therefore, we decide to lower the price of our bonsai tree plant.
answered “3” while other respondents answered “7”, Furthermore, based on the
survey results among 4 respondents most of them are often purchase tree pieces
the survey results among 4 respondents most of them are lovers of bonsai tree
Question#9. What kind of bonsai plant do you want to take care of?
Population Respondents Indicator
Evergreen Azalea Cherry Others
blossom
500 Employed 100 100 48 15
Unemployed 59 29 19 3
Self- 37 23 8 5
employed
Student 20 8 24 0
Grand total 216 160 99 23
Table 3.10 What kind of bonsai tree plant do you want to take care?
based on the survey results among 4 respondents most of them are willing to take
care of Bonsai tree plant. Therefore,we will provide more stocks of Evergreen bonsai
tree.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 34
the survey results among 4 respondents most of them are like our bonsai tree
Market Segmentation
The business falls under the demographic segmentation the market based on
certainly not limited to: age, gender, income, marital status and occupation.
Our city has built a newbie distributor of bonsai tree. The marketing team for
PHOEBE garden is confused about how they should segment the market. The team
wants to make sure that the overall marketing and segmentation strategy is
Target Market
The primary target market of PHOEBE Garden is the employed who loves
People who lives in San Pedro, Binan, and Sta. Rosa City. And also special
orders like customize bonsai souvenirs for special events like weddings,
anniversaries.
SWOT Analysis
the organizational objectives and what obstacles must be overcome to achieve the
desired results.
The following tables present the SWOT analysis of PHOEBE GARDEN and
their competitors.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 36
STRENGTHS WEAKNESS
Good service reputation;
Small marketing budget;
Quality product;
Lack of experience;
Responsible in work;
No market presence
Democratic style of leadership
New in the market
Positive working environment;
OPPORTUNITIES THREATS
Loyal customers;
Future demand;
Could extend to new geographical area;
Typhoon here in the Philippines
New product development;
Economic slowdown; and
Social media; and
Negative public opinion.
New and emerging markets.
Table 3.12 SWOT Analysis of PHOEBE Garden.
STRENGTHS WEAKNESS
Good service reputation;
Quality product;
No market presence
Consultative style of leadership
Unaffordable price
Brand name
OPPORTUNITIES THREATS
STRENGTHS WEAKNESS
Good service reputation;
No market presence
Quality product;
Not affordable price
Wide place
Uncomfortable place
OPPORTUNITIES THREATS
STRENGTHS WEAKNESS
Good service reputation;
Quality product;
No market presence
Consultative style of leadership
Uncomfortable place
Affordable
Too far
OPPORTUNITIES THREATS
The company and its direct competitors’ internal strength and weakness
and their external opportunities and threats faces, can be summarized as follows:
Bongbong
Wide place Not affordable Loyal customers Intense competition
Garden
Affordable
Nita’s garden Too far Comfortable Place Mature market
price
When it comes to weakness they have small marketing budget and good
quality product since they have no market presence unlike. The latter has
opportunities because of the expansion of their business but in the part of the
proponents they have an opportunity because of the loyal customers that always
purchase since they have as their primary target old woman. When it comes to
threat they have intense competition since bonsai tree republic, PHOEBE GARDEN
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 39
are known in the market since the latter have the brand name. The former has
emerging markets and affordable price and they have undying passion when it
comes to business. The proponents believe that this is the strength of PHOEBE
GARDEN that can sustain the business although not a huge market share but at
least 10 percent of the market share and they believe that it will grow in many years.
It is the study of the pricing of the products and to know if they have
Table 7.12 shows the comparison of the pricing of the business and its
competitors.
because PHOEBE GARDEN offer products at low prices while other businesses
offer high prices. They have a chance to get the attention of the customer that
prefer low prices products but will satisfy we can maintain the quality of the
products.
buy a product and this result to the possibility of liking or disliking a product.
customer.
Marketing Mix
Product
The proponents have presented fresh bonsai trees and innovate very
Place
To make the business well known we decided that the place of our store
is in the pacita along the Hi-way because in san Pedro there’s a lot of fast buyers
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 41
Price
WE decided to set the price base on our products to assure that the
Promotion
advertisement even distribute fliers to school near our place. They will also
include banners and tarpaulin direct selling to customer in the shop (sales talk)
Process
Bonsai tree care watering bonsai trees. The most important part of taking
care of bonsai trees is watering , fertilizing bonsai fertilizing regularly during the
growth season is crucial for bonsai to survive, repotting location for trees bonsai.
As soon as the customer enter our garden shop our staff are always ready to
greet and welcome the customer. Our staff ask the customer if there is
something we can be help, like what kind of plants they like show then the
plants that is on sale and after they pick the plant that they like we educate
them on how to take care of the said plant. We also return policy we will replace
Physical Evidence
because they are all potential customer. In front of our shop we display our best
looking healthy and best quality plants. We also put bench where in the
customer can sit, relax and take selfie. Inside, our shop has a relaxing ambiance,
hanging on the walls are different garden tools inside our shop all the plants for
Marketing Principles
be well known in the market world. Even if the business serves the best quality
product but it does not have enough marketing strategies, without marketing it
will not increase the sales and the company will not grow.
promoting the product into the market and encourages sales from the buying
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 43
public. Since the goal of marketing is to make the product widely known and
decorations in a special event, also to ensure a large market and a regular patron
PHOEBE GARDEN remain committed to provide good quality plants and making
Marketing Strategy
Our marketing strategy is to build our business nearby to the hi-way because it
We are also offering customize Bonsai tree plant just like souvenirs for special
Chart Title
5
4
3
2
1
0
Introduction with in two Growth with in six
months months
and then launching the product. The costs are very high and slow sales volumes
to start. In the growth stage PHOEBE Garden public awareness increases they are
competition leads to prove decreases. At the maturity stage the focus of the
different challenges. During this stage the proponents needs to look for
innovative ways to make their product more appealing to the customer that will
maintain and perhaps even increase, their market share. The last stage is the
product extension wherein extension strategies comes along to extend the life of
the product before it goes into decline. The business uses marketing techniques
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 45
to improve sales such as: price reduction to attract more customers, explore new
market selling the product into new geographical areas, new customizing to
Market Share
PHOEBE GARDEN gets only 10% because they are new in the market it
does not have market presence yet and it has well known competitors that have
similar products. Figure 6.8 shows the market share of PHOEBE GARDEN.
Sales
1%, 1%
29%, 17%
PHOEBE Garden
Bong-bongs Gardenshop
20%, 12%
Nita's Garden
Planet Plant
1.2, 70%
Store hours (9- To promote Phone in Offer plant maintenance Delivery boy
10 am) is slow knowledge, delivery for one week Sales and
or slack period Interest, marketing
Education and
the enjoyment
of bonsai and
other living
plants
materials.
Kinds of order To create Per pot of our Invest more equipment Delivery boy/
convenient way bonsai tree sales and
to serve our marketing
product more
fast
Small To gain more Tie up with media outfits Marketing
marketing budget for our
budget business
Lack of To create more The Choose the right person Marketing
marketing effective management to be a good manager
knowledge management will have
and open seminars and
responsive training that will
management help to expand
the knowledge
and improve
skills.
No market To be well To locate our Offer our product with a Sales and
presence known in the physical store good service, quality and marketing
market industry have a lot of affordable price
passersby
Table 3.18 Action plan for marketing strategies
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 47
CHAPTER 4
PRODUCT TECHNICALITY ASPECT
also discussed its featured description and characteristics. The benefits information
of the product is also included and also considered the product costing which be
Product technicality
are the characteristics that the product or services does or has and help to boost
customer what they will get if they purchase the product, in a simple term this will
Wolfe (2018) a technical feasibility study assesses the details of how you
transportation, where your business will be located, and the technology that will be
necessary to bring all this together. It’s the logistical or tactical plan of how your
business will produce, store, deliver, and track its products or services.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 48
PHOEBE Garden believes that a sale is more than just selling it involves
understanding the needs and wants of the customers. The proponents believe that
customer are the major factor that decides whether a business succeeds or fails
having informed them on what the benefits they will get from the products and why
and creatively designed by depending to the desired figure and shape of the plant.
Bonsai is usually put indoor and outdoor as decoration of house, offices and other
establishments. Making bonsai tree plant is an easy process, we do only have to use
creativity arts, patience to create your desired shape and figure. Having bonsai at
home create a good aura/ambiance and at good atmosphere. As what other people
say, that bonsai tree plant brings good luck and charm and below the table of
properties.
https://newengland.com
tree
CHAPTER 5
GEOGRAPHIC LOCATION AND
BUSINESS PLANNING STRUCTURAL ASPECT
planning structural aspect are discussed. The location and vicinity maps are
discussed where one can find the stall or the address of the store. It also shows the
floor plan, the facilities and the size of the stall. And backyard plant storage and the
Location planning decisions are very important for all types of business units.
This is because it affects the cost, selling price, and demand of the product. It is a
up a business. Your success as a business depends on how well you are positioned
to be found. Positioning includes various factors, from location to the price of your
product or service to the message you use to promote the business, online and
offline.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 52
It is very important to have a right location for the business in order to have
a large market. That is why PHOEBE Garden choose to have a physical store along
Pacita 1 98,678
Pacita 2 84,616
Total 183,294
Table 5.1 Market target population
The physical stall is located at Villa Olympia 6, Pacita, San Pedro Laguna.
PHOEBE Garden
Floor Plan
2
3
CHAPTER 6
PLANTING AND SERVICE QUALITY ASPECT
Service quality is the crucial theme of this research; it discusses the service
maintenance.
Customer, markets, leadership and human resources are the key dimensions
with the emergence of the field of service science. The field represents a
management.
Watering
Placement Fertilizing
requirements
One of the most crucial steps in caring for your bonsai tree is watering. It needs
to never be forgotten. If the soil appears slightly dry, it is the time to water. It is
important to not let the soil completely dry out. Watering is also going to depend
on the size pot used, the type of soil and the type of bonsai tree you have. Bonsai
remember. Bonsai trees are beautiful, and to keep this beauty, fertilizing is really
important. Fertilizing is a necessary step due to the small amount of soil the tree
grows inside. They need additional nutrients as they deplete what is already in the
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 57
soil. Trimming helps maintain the shape and size. You have to actively trim back
never growth. Always remember to use bonsai clippers, not scissors. There is no
right and wrong schedule for trimming. It entirely depends on the growth pace of
your tree. Your bonsai tree is in a very small container. As their roots grow, you have
to repot them. This is done to help give your tree a new, fresh supply of soil and to
allow a more compact root system to grow. Wires are essential in growing beautiful
bonsai trees. Growers who frequently forget to remove these wires can consider
tying them down. Nevertheless, ties can also help move a branch in the right
direction.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 58
Leaf cutter
Wire with long Small shear Long shear
handle
Water
Chapter 7
FINANCIAL ASPECT
Contains a two years financial forecast which is includes the Balance Sheet,
average rate of return of 34% in two years and it will take 2.05 months to recover
our capital.
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 60
PHOEBE GARDEN
Garden
Table 1.1 Capital Requirement
Start-Up Cost
Leasehold Improvement 10,000.00
Office Equipment 20,000.00
Office Furniture & Fixtures 5,000.00
SEC Registration 500.00
Barangay Clearance 500.00
Mayor's Permit 5,000.00
BIR -
Books of Accounts (Office Supplies) 100.00
Official Receipts/Invoices (Office Suplies) 2,000.00
Transportation 500.00
Total Set-Up Cost 43,600.00
PHOEBE GARDEN
Garden
1.2 Inventory Cost (for one month)
Schedule 1
COST OF GOODS SOLD
PHOEBE Garden
PROJECTED BALANCE SHEET
AS OF DECEMBER 31, 2019 and 2020
Non-Current Assets
Leasehold Improvement 3 8,000.00 6,000.00
Office Equipment 3 16,000.00 12,000.00
Office Furniture & Fixtures 3 4,000.00 3,000.00
Total Non-Current Assets 28,000.00 21,000.00
PHOEBE Garden
PROJECTED INCOME STATEMENT
FOR THE TWO-YEAR PERIOD ENDED DECEMBER 31, 2019 & 2020
PHOEBE Garden
PROJECTED STATEMENT OF CHANGES OF PARTNERS' EQUITY
FOR THE TWO-YEAR PERIOD ENDED DECEMBER 31, 2019 & 2020
Beginning Partners' Capital - 2019 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00 180,000.00
Add: Net Income for 2019 88,595.00 88,595.00 88,595.00 88,595.00 88,595.00 88,598.00 531,573.00
Less: Withdrawals for 2019 88,000.00 88,000.00 88,000.00 88,000.00 88,000.00 88,000.00 528,000.00
Ending Partners' Capital - 2019 30,595.00 30,595.00 30,595.00 30,595.00 30,595.00 30,598.00 183,573.00
Baginning Partners' Capital - 2020 30,595.00 30,595.00 30,595.00 30,595.00 30,595.00 30,598.00 183,573.00
Add: Net Income for 2020 100,475.00 100,475.00 100,475.00 100,475.00 100,475.00 100,480.00 602,855.00
Less: Withdrawals for 2020 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 600,000.00
Ending Partners' Capital - 2020 31,070.00 31,070.00 31,070.00 31,070.00 31,070.00 31,078.00 186,428.00
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 65
PHOEBE GARDEN
Garden
Schedule 3
Depreciation - 2019
Net Book
Depreciation
Non-Current Assets Book Value Value
2019
2019
Leasehold Improvement 10,000.00 2,000.00 8,000.00
Office Equipment 20,000.00 4,000.00 16,000.00
Office Furniture & Fixtures 5,000.00 1,000.00 4,000.00
Totals 35,000.00 7,000.00 28,000.00
Depreciation - 2020
Net Book
Depreciation
Non-Current Assets Book Value Value
2020
2020
Leasehold Improvement 8,000.00 2,000.00 6,000.00
Office Equipment 16,000.00 4,000.00 12,000.00
Office Furniture & Fixtures 4,000.00 1,000.00 3,000.00
Totals 28,000.00 7,000.00 21,000.00
CITI GLOBAL COLLEGE INC.
City Binan, Philippines 4024
Department of Office Management 66
PHOEBE Garden
Schedule 2
Sales
2019 2020
Percentage Tax
(Taxes and Licenses)
Total Sales 1,786,650.00 1,965,300.00
Multiply by Percentage Tax Rate 3% 3%
Percentage Tax (Annual) 53,600.00 58,959.00
Divided by months per year 12 12
Percentage Tax Payable per month 4,467.00 4,913.00