Grp5 Business Plan Entrepreneurship

Pamantasan ng Cabuyao
Katapatan Subdivision, Banay-banay, Cabuyao, Laguna
Senior High School Department
PAPEL DE HIERBA VERDE: VENTURE TO THE FUTURE
Presented to the
Faculty of the Senior High School of
In Partial Fulfillment of the Requirements

For Entrepreneurship for
Science, Technology, Engineering and Mathematics (STEM) Strand
By
Avelino, Harvey P.
Avellana, Dynese Jayne D.
Miranda, Vince V.
Misa, Jasper Ely C.
Parcon, Chromwella Julieve P.
Peras, Tristan Jay D.
Vila, Samantha Ysabelle L.
Submitted to:
MR. JESTER PAUL AQUINO
2nd Semester, SY 2021-2022

CHAPTER I
BUSINESS DESCRIPTION
A. Business Name
PAPEL DE HIERBA VERDE:
VENTURE TO THE FUTURE
B. Business Logo
C. Business concept
The paper and pulp are considered as one the largest industries in the world. The paper
and paper board worldwide are around 390 million tons and experts suggest that it will reach 490
million tons by 2020. (Bajpai, 2014). This massive production of wood papers and paperboards
affects the environment significantly, the irresponsible harvesting of wood from the forest
threatens the species, and ecosystem. The Union of Concerned Scientist (2016) points out that
the 10% of the total deforestation were accounts to the wood production including papers.
With the rise of ecological problem in the modern world, industries and consumers are
finding different ways for alternative things to help to decrease the source of ecological problems
that the world is facing currently. The entrepreneurs of this projects aim to provide an alternative
product that can be a substitute for paper to lessen the environmental threat.
The entrepreneurs come up with utilizing the grass abundancy to create Grass Papers as
an alternative substitute to the normal wood-papers. The products aim to be an alternative
material for different crafts and commercial use. The marketability of the product won’t be a
problem, as the grass papers are rare and unique in the market as of now. People tends to buy and
test things that are unique to their eyes when it comes to design and crafts, that’s why the first
target of the product is to be an alternative for crafts and designs. In short, the entrepreneurs
target the grass papers to be first marketed as envelopes, fragrant papers, paper bags, etc.
Through this, the grass paper can be used by the people who loves to create crafts and design. In
this way, the product can be self-advertised as versatile and durable as the original wood-pulp
papers, this can attract more buyers and investors for Papel de Hierba Verde and help to develop
its reputation as one of the viable alternative products for wood-pulp papers.
Business Model Canvas
D. Business Goals: Mission, Vision, Objectives
Mission
To produce a handcrafted grass paper that can be in different forms with such a high
quality and more affordable price to our customers, all our product is made environment friendly.
Vision
To empower environmental protection movements through creating eco-friendly products
from alternative materials that would not harm the future of the people.
Objectives
EcoLoko Corporation mainly aims to support environmental movements that protects the
environment, especially for the trees.
Specifically, EcoLoko Corporation aims the following objectives:
 To give our customer new type of medium that they can use when doing their arts.
 To make an affordable and unique type of product in the market.
 To produce a quality eco-friendly product that can serve as an alternative product for
future.
E. Products Offering and Description
EcoLoko Corporation is a company formed by different entrepreneurs with unique
experience and expertise, aimed to produce an alternative paper for the future of the environment
and the next generation of this world. The Papel de Hierba Verde: Venture to the Future is an
EcoLoko Corporation product made from various grasses in the Philippines. Papel de Hierba
Verde: Venture to the Future is a product and one of the main raw materials that is utilized for
producing various products made from grass paper, such as, Paper bag and Bookmark. The grass
paper of Papel de Hierba Verde is made from different grasses that are carefully picked to
achieve the standard quality of the paper the company are aiming for.
The EcoLoko Corporation is offering various quality grass paper made products that is
under Papel de Hierba Verde: Venture to the Future. The company is also offering free quality
test of the product on the main branch of the company. Papel de Hierba Verde: Venture to the
Future is one-of-a-kind products that will not only solved the decreasing population of trees,
but could also be one of the solution for plastic problem.

CHAPTER II
MARKET ANALYSIS
A. Market Characteristics
The table below will show the geographic segmentation of Papel de Hierba Verde.
GEOGRAPHIC SEGMENTATION
REGION Philippines, Southeast Asia
COUNTRY SIZE 300,000 km²
POPULATION DENSITY 368 per Km2 (952 people per mi2)
CLIMATE Tropical and Maritime
The table below will show the difference of market characteristics of paper industry in to
2 using different materials:
Grass Paper Market Characteristics Wood-Pulp Paper Market Characteristics

MARKET STRUCTURE AND DEMAND
Contains more but smaller buyer Contains fewer but larger buyers
Derived demand Direct demand
Elastic demand Inelastic demand
Fluctuating demand Stable demand
NATURE OF THE BUYING PRODUCT
Single buyer Involves more buyers
Simple purchasing effort More professional purchasing effort
TYPES OF DECISIONS AND THE DECISION PROCESS
Simple buying decisions More complex buying decisions
More informal buying process More formalized buying process
B. Target Costumer Profile

School Students Artists School Items

Staffs/Administrators Suppliers
DEMOGRAPHICS
 Any gender  Any gender  Any gender  Any gender
 Any age  Any age  Any age  Any age
 Have incomes  Have sibling,  Have sibling,  Located in
 With/Without cousin, or cousin, or public and
children friend friend viewable
 Loves writing areas
 Loves writing
or making art
or making art
INTERESTS
 Writing  Arts and  Arts and  Any
 Making card and Crafts Crafts purchasable
Invitations  Writing  Writing and demand
 Making card  Making card products
and and Invitations  Quality
Invitations product with
 Handcraft
 Handcraft right prices.
paper arts
paper arts
PREFFERED CONTENTS
 Educational  Educational  Educational  Educational
Vlogs Vlogs Vlogs Vlogs
 Tutorials on how  Recreational  Papercrafts  Recreational
to make grass  Recreational
papers
 Recreational
The target consumers of EcoLoko Coporation’s Papel de Hierba Verde are people who
mostly used papers for arts, crafts and designs, and School suppliers who mostly buys wholesale
of art materials. Papel de Hierba Verder is labeled as materials for paper crafts. For this reason,
Papel de Hierba Verder is perfect for people who loves arts and to use various things for their
artwork and crafts.


CHAPTER III
COMPETITOR ASSESSMENT
A. Strategy Canvas
Strategy Canvas
16
14
12
10
0
Texture Durability Versatility Coating Size Thickness Softness/ Price Packaging Color
Hardness
Papel de Hierba Verde Brand X
The numerical value in the table below is based on the survey that was conducted by the
entrepreneurs. The factor below the graphs is based on the priorities of consumers that they
consider when they’re buying papers. The survey was consisted of 30 participants, the
participants of the survey are 15 random people and 15 chosen people.
The table shows that EcoLoko Corporation’s Papel de Hierba Verde is leading in terms of
the factors stated below, the table shows that size is the closest factor for both of the brand. Papel
de Hierba Verde’ grass paper sizes are limited in to three sizes only which are 2”x4”, 8”x10” and
8.5 x 11 on inches. While the Brand X which the competitor’s product have a lot of sizes and not
limited to three. Despite of that, according to one participant, the sizes do matter but the grass
paper’s sizes are perfect for making papercrafts as it is designed that way.
After the survey of the product, this table help the entrepreneurs to identify the problems
of the product and where it mostly performs below average. Entrepreneurs of this product will
definitely improve the product for the consumers.

CHAPTER IV
MARKETING PLAN
A. Products and Services
Sustainable, eco-friendly, and trendy: Grass is increasingly becoming valuable assets and
staple for cardboard packaging and other paper, solid cardboard and packing material products.
Variety of the bottom pulp within the cardboard structure is replaced by processed grass fibers.
Cardboard made of grass waste from compensation areas and nature reserves is very attractive.
Additionally, to the sustainability benefits, grass cardboard scores top marks in terms of
cost efficiency, since the energy and water consumption in grass paper production is
substantially reduced. Besides the assembly, transport and packaging have a comparatively high
environmental impact. Regarding packaging, cardboards and folding boxes are often the fabric of
choice. But even with recycled cardboard, a specific amount of virgin wood fiber continues to be
needed to provide it – which implies that trees need to be felled. Offering 'PAPEL DE HIERBA
VERDE' as an alternative, it has more benefits than normal paper.
B. Pricing
The pricing of the product is affected by different factors from cost of production to the
administrative and selling cost. The tables below will show the factors and calculation of the
production pricing.
Table B.1. Production Expenses of Grass Paper per Day
No. Materials Quantity/Size Price Total Cost
1 Grass 6 kg ₱ 0.00 ₱ 0.00
2 Screen 10 x 12 ₱138.00 ₱ 138.00
3 Glue 130 ml x 2 Bottle ₱49.00 ₱ 98.00.
4 Yarn 2 ₱15.00 ₱30.00
5 Sodium Bicarbonate 340g x 1 Box ₱117 ₱ 117.00
TOTAL PRODUCTION COST ₱ 245.00
Table B.2. Production Equipment Expenses
No. Particulars Quantity/Size Price Total Cost
1 Silk Screen 1 ₱ 70.00 ₱ 70.00
2 Screen 10 x 12 ₱ 138.00 ₱ 138.00
3 Blender 1 ₱ 4,999.00 ₱ 4,999.00.
TOTAL PRODUCTION EQUIPMENT COST ₱ 5,207.00

Table B.3. Selling and Administrative Expenses per Month (Estimation Only)
No. Particulars Quantity/Units Total Cost
1 Water Meters ₱ 500.00
2 Electricity Watts ₱ 5,000.00
3 Marketing 1 ₱ 229.80
Promotion/Advertisements
4 Distribution ₱ 5,000
5 Salaries 7 Workers ₱70,000.00
TOTAL SELLING AND ADMINISTRATIVE COST ₱ 80,729.80
Table B.4. Yield per Day and Months (Estimation Only)
YIELD PER DAY INCOME PER MONTH (30 Days)
₱ 4,000 ₱ 120,000
The formula used in this calculation was Cost-based pricing. The selling price of the product is
mark-up at 50% (10 pcs per Pack)
DIRECT COST
TOTAL cost ₱ 5,452.00

Direct cost = = =₱ 1.363
yield per day ₱ 4,000.00
INDIRECT COST
Indirect Cost = ( Selling∧administration

yield per month
cost
)=(
₱ 120,000 )
₱ 80,729.80
=₱ 0.67
PROCDUCTION COST
Product Cost = Direct Cost + Indirect Cost
¿ ₱ 1.363+ ₱ 0.67 ×10
¿ ₱ 12.033
MARK-UP
Mark-up =( ₱ 12.033 ) × ( .50 )=₱ 6.0165
OVERALL, PRICE PER PACK (10 PCS)
Cost per Unit = Product Cost + Mark−up
¿ ₱ 6.76+ ₱ 3.36
¿ ₱ 18.0495
The starting retail price per pack of EcoLoko Corporation’s Papel de Hierba Verde will
be at ₱ 18.0495 . With 12% VAT because of Train Law in the Philippines, the price will be at
₱ 20.2389 per pack.
C. Distribution
EcoLoko Corporation’s Papel de Hierba Verde: Venture to the future Grass Paper will
employ both selective and retailer distribution. Selective distribution allows our company to
cater to the needs of consumers in a narrow geographical area, and it is appropriate for our
company since it aims to retain the quality of our grass paper. It is usually limited to one or two
distributors in a given area. We intended to distribute our items to specific school supply stores
and arts and crafts stores.
And retailer distribution allows EcoLoko Corporation to reach more people who wants to
try our product. The product will be mostly distributed to stores that sells school supplies, to
reach the target consumers like students and school administrators. With the help of these two
distributions, the aim of EcoLoko to reach out the target customers of Paper de Hierba Verde
will be possible.
D. Promotion
The promotion of EcoLoko Corporation’s Papel de Hierba Verde: Venture to the Future
will be mostly social media platforms such as Facebook, Tik-tok, YouTube, and Instagram.
Those platforms are one of the most used platforms that can easily reach thousands of people.
The EcoLoko Corporation will buy ads in those platforms which cost around $ 4.49 USD
or ₱ 229 Pesos for 1 month. The ads will surely help in promotion, but it won’t be enough if we
want to reach our target customer which are mainly students and artist. The EcoLoko
Corporation send some samples to some influencers that have paper crafts related contents, to
give a review. The review helps to boost the product popularity and gain the curiosity of the
target customers.
CHAPTER V
A. Ownership and Management

Form of Ownership
The EcoLoko Corporation is made up of such dedicated entrepreneurs who will work to
assist the company grow and generate revenue in the future. Every member of the Papel de
Hierba Verde manufacturing department has the necessary competence to run the company.
Where every employee has efficient marketing talents, such as cooperation, supports,
entrepreneurial attitude, and management in all situations.
EcoLoko Corporation is composed of seven (7) competent individuals who’s also the
shareholders of the company. The following individuals with their respective position and
description.
Chief Executive Officer - Mr. Vince Miranda
A prospective entrepreneur with a track record of strong leadership abilities and the ability to
raise the quality of the company. The single most crucial factor in allowing businesspeople to
collaborate effectively is leadership.

Marketing Director - Mr. Harvey Avelino
A youthful entrepreneur that exudes confidence in his capacity to expand a firm while remaining
marketable. Marketing abilities can be one of the sources of boosting revenue in the future by
helping a corporation to keep its customers at all times.
Chief Finance Officer - Ms. Dynese Jayne Avellana
She is a student entrepreneur with strong experience in financial management. It may be more
successful in ensuring a company's financial health. Financial management abilities can also be
applied to business management, resulting in a successful commercial transaction tailored to the
demands of each consumer at a specific location.
Chief Research Officer - Mr. Jasper Ely Misa
An eager entrepreneur with strong communication skills is required to increase the business's
viability. Communication skills may be improved, and the firm may become more well-known to
clients, with the help of Mr. Misa, who inherited the skill of marketing plan skills. Allowing
investors to engage with Papel de Hierba Verde Corporation's products and increasing revenue
Chief Development Officer- Ms. Chromwella Julieve Parcon
A prospective student entrepreneur who possesses the problem-solving ability needed in a
business when a challenging scenario develops. It may be able to save a company money by
prioritizing, planning, and executing initiatives.
Chief Production Officer - Mr. Tristan Jay Peras
A devoted student entrepreneur with an artistic and creative background, which are crucial in the
business, especially as it is an art-related firm, and having an artistic member in our team is a
definite advantage.
Chief Human Resource - Ms. Samantha Ysabelle Vila
A committed student entrepreneur with excellent organizational abilities who can assist Papel de
Hierba Verde in planning and coordinating meetings and supplies required for the creation of our
products.
Each of board member with their respective position have contributed to the company
significantly. The assigned board members are expected to lead the management they lead.
CEO
Finance Human Resources Research Development Production Sales M

Management Management Management Management Management Management Ma
Manager Manager Manager Manager Manager Manager Ma
Staff Staff Staff Staff Staff Staff S

Finance Management
Staff Staff planning, organizing,

The strategic Staff directing, and
Staffmanaging of financial
Staff endeavors Staff
in an S
organization or institute is referred to as financial management. It also entails applying
management ideas to an organization's financial assets.
This department performs a variety of tasks, including:

Calculating the amount of money needed. The financial manager must calculate the
amount of capital required by the company. This is dependent on the company's policy about
predicted expenses and profits. The required quantity must be calculated in such a way that the
company's earnings improve.
Capital structure growth. A capital structure must be constructed when the amount of
capital has been estimated. This entails a short-term and long-term debt-equity analysis. The
structure's future depends on how much capital the firm already has and how much it needs to
raise from outside sources.
Putting money to work. Every organization or business must invest money to raise
additional funds and earn consistent returns. This means that the financial manager must put
money into safe and successful businesses.
Profit distribution. It is the financial manager's responsibility to efficiently allocate the
organization's net profit once it has been established. This could entail preserving a portion of the
net profit for contingencies, innovation, or expansion, while paying dividends to shareholders
with the rest.

Money management that works. The financial manager is also in charge of the company's
financial management. Money is needed for a variety of reasons in the business, including
paying employees and bills, keeping stock, satisfying liabilities, and purchasing goods and/or
equipment.
Financial management. The financial manager is responsible for not only planning,
organizing, and obtaining funding, but also for controlling and analyzing the company's finances.
Financial forecasting, ratio analysis, risk management, and profit and cost control are all
techniques that can be used to accomplish this.
Human Resources Management
Organizations aim to recruit, inspire, and retain skilled people, as well as match them to
roles that are a good fit for them. Human resources managers achieve this goal by directing
human resources departments' administrative functions. Employee relations, regulatory
compliance, and employee-related services such as payroll, training, and benefits are all part of
their responsibilities. They manage the specialists and support employees in the department and
ensure that assignments are executed accurately and on schedule.

Top executives and human resources managers collaborate on strategic planning and personnel
management. They figure out how to make the most of the company's staff and make sure they're
getting the most out of them. They might, for example, examine worker productivity and provide
recommendations to help the company accomplish its budgetary objectives.
Some human resources managers supervise the whole human resources department of a
company, including the compensation and benefits program as well as the training and
development program. Specialized managers, such as compensation and benefits managers and
training and development managers, oversee these programs in many bigger firms.
Research Management
By formulating proposals, selecting techniques, overseeing teams, managing finances,
and presenting findings, research managers lead the execution of research projects. They may
work for a market research firm, where they meet with clients to discuss project goals and
budgets, or for a university, where they launch specialized research initiatives. Research
managers either identify possible concepts to present to directors of research and innovation or
submit a request for approval.

For assigned projects, research managers identify acceptable procedures and techniques, get
supplies and equipment from vendors, assemble an effective team, and oversee project
completion on time and on budget. They're in charge of planning and directing research
initiatives, as well as keeping track of project progress, assisting team members, applying new
approaches, and generating reports. They provide research findings after a project is completed.
A bachelor's degree in a related discipline and extensive research experience are required of
research managers.
Development Management
From project planning to construction completion and project departure, development
management is the strategic planning, administration, and control of a project throughout its
development life cycle. It is carried out to reduce project and financial risk while increasing
developer profit.
A development management agreement (DMA) delegates overall project management to an
independent development manager acting as the developer's agent. The development manager,
on behalf of the developer, bears responsibility for the project's management and administration
through the DMA.
Identifying and acquiring suitable sites, inspecting, and evaluating new land prospects,
reviewing, and advising on surplus land, and completing land acquisitions are all standard tasks
for development managers. They also work with local governments to get permits and approvals.
Production Management
Production management, often known as operations management, is the planning and
control of industrial processes to ensure that they run as smoothly as possible. Production
management techniques are used in both the service and manufacturing industries. In terms of
level and extent, it's comparable to other disciplines like marketing, human resources, and
finance management. Production management in manufacturing activities comprises
responsibilities for product and process design, capacity and quality planning and control, and
personnel organization and supervision. The production manager must also choose the
company's machines and techniques, first deciding on the equipment and technology that will be
utilized in the product or service's manufacturing, and then planning and controlling the methods
and procedures that will be used. The ability of personnel to adjust to equipment and schedules,
as well as the flexibility of the manufacturing process, are critical considerations in this stage of
production management.
Sales Management
The process of employing, training, and motivating salespeople, coordinating activities
across the sales department, and establishing a unified sales plan that increases business revenue
is known as sales management. Any business's lifeblood is sales, and controlling the sales
process is one of the most crucial functions it can have.

Marketing Management
Marketing encompasses a wide range of responsibilities inside a firm, from product and
service marketing to data analysis and strategic planning for the company's future growth.
Marketing management is a particularly serious profession because marketing may have
a dramatic effect on every aspect of a company and how it runs. The marketing department's
primary purpose is to create new ways to generate revenue and customers that are aligned with
the fast-paced speed of technology, as well as to optimize and modernize old marketing tactics.
To be successful as a marketing manager, you must have a creative mind and a commercial
sense. This position requires strong communication skills as well as the ability to lead and
motivate a team.
Marketing management is a professional path that is open to everyone at any stage of
their career, and marketing managers earn high compensation. Senior marketing positions
abound for those looking to advance fast, with salary and perks increasing with experience and
level of responsibility. Most importantly, marketing management is a rewarding job choice since
it allows you to travel, work with high-end goods and services, attend huge events, and even
participate in cutting-edge technological testing.
B. Resources and Production
General
The EcoLoko Corporation operates from 9:00 am to 8:00pm a week with 1 day rest
which equates to 66 per work hours per week. As a small corporation, the work hours is
separated into two main focused which on grass paper production that includes supply canvass
and production for the products that we offer, and on office work that includes, inventory
checking for checking the remaining materials, checking bills for electricity and water,
maintenance for the equipment that are used for the production, and the checking the statistics on
how well the production is going inside the production and how well does the product do in the
market last day.
The Physical Plant
Since the Papel de Hierba Verde: Venture to the Future’s main component for the product
of EcoLoko Corporation is grass. The EcoLoko Corporation’s production area is located near a
farm, a 2-storey building with 400sq meters that has a storage unit and a backyard for harvesting
grass and a drying area for the finished grass paper.

The EcoLoko Corporation business has a physical and online store, the buyers can find or
buy online our product on Shopee and Lazada stores “Papel De Hierba Verde” and for the
physical store it is located at Cabuyao bayan near the Cabuyao Integrated National Highschool.
EcoLoko Corporation also supplies
The buildings of EcoLoko Corporation for the Production of Papel de Hierba Verde:
Venture to the Future is important for the production and distribution of the product. The 2-
storey buildings are purposely made for production of EcoLoko’s products. The land area is rich
in soil nutrients that which can help grow fast and quality grass for the production. The location
of the main building of EcoLoko Corporation is evaluated critically through factors of
conveniency of the product, abundant supply location, and the soil nutrients.
Equipment
EcoLoko Corporation uses various equipment in production process of the product, some
of it are given for free and some of it are bought for its purpose. The equipment that are listed
below are the main equipment that necessary to in order to produce the Papel de Hierba Verde:
Venture to the Future.
Specifically, the equipment are the following particulars:
 Screen – The screens that are used in this product are in 10 x 12 inches for size, that cost
around ₱138.00. The production process requires rinsing and draining the excess water
from the paper, this is the reason why EcoLoko Corporation uses screen. The screen
helps the paper to maintain the quality and texture as the paper is rinsing; when the grass
paper dries, the grass paper won’t stick to the surface making the gathering safer as the
screen will help to avoid paper from tearing.
 Stainless Mallet – The current mallet that is used for production is given for free as the
mallet is not used for a long time, but the current price for stainless mallet is ₱150.00.
The mallet was used for beating the boiled grass to separate the pulp and the fiber of the
grass.
 Blender – The blender that is used for the production cost around ₱ 4,999.00 in retail
price. The blender was used for grinding the grass pulp and fibers into smoother texture
of Papel de Hierba Verde: Venture to the Future.
 Silk Screen – The silk screen cost around ₱ 70.00 for a A4 size. The silk screen is used
for molding the Papel de Hierba Verde: Venture to the Future into the definite size for
market purpose and other products.
Assets
The table below shows the list of assets, equipment, inventory, furniture, building that are
used by EcoLoko Corporation for the production process and selling of the grass paper.
List of Assets Units/Quantity/Area TOTAL Cost (As of 2022 Rates)
Land and Building

1 Land 400 m2 ₱ 4,800,000.00
2 2 Store Building 200 m2 ₱ 2,000,000.00
TOTAL ₱ 6,800,000.00
Inventory
1 Grass (Backyard/Empty 40 kg ₱ 0.00

Lots)
2 Grass (Farms) 40 kg ₱ 6,000.00
3 Glue 2 ₱ 98.00.
4 Yarn 2 ₱ 30.00
5 Sodium 1 ₱117.00
Bicarbonate/Sodium
Carbonate
6 Charcoal 1 sack ₱ 500.00
7 Wood Plank/Branch 1 sack ₱ 0.00
TOTAL ₱ 6,245.00
Equipment
1 Screen 1 ₱138.00
2 Blender 1 ₱ 4,999.00
3 Silk 1 ₱ 70.00
TOTAL ₱ 5,207.00
Furniture
1 Table Set 2 ₱ 5,000.00
2 Racks 5 ₱ 2,000.00
TOTAL ₱ 7,000.00
Special requirements
The production of Papel de Hierba Verde: Venture to the Future specifically requires two
components which electricity and water, but the process doesn’t require excessive amount of the
following. The production requires electricity for blending, and boiling grass pulps, but most of
the time the production mostly used wood branch for boiling that comes from the farm that was
not used. As it is only for free, and the branches are anywhere to be found.
The water is utilized the grass pulps are in the beating and molding stage to easily
breakdown the grass pulps into smaller pieces. The process also doesn’t require water to be
switch every hour for a new one. The access from electricity comes from solar and electric lines,
specifically Meralco. As for the water it generally comes from the irrigation water that was near
the farms and water line in the area.
Materials
The materials for the production of Papel de Hierba Verde comes form different supplier,
especially the material that can’t be produce locally. Most of the Materials comes from retail
shops, that includes glue, yarn, sodium carbonate also known as washing soda and the alternative
ingredient sodium bicarbonate or commonly known as baking soda which cost almost the same,
and screen. There is no definite supplier for these materials as the price always change depending
on the economy.
However, one of the advocacies of EcoLoko Corp. is to be as eco-friendly corporation as
much as possible and help the agriculture side of the country. For this reason, EcoLoko have
partnered to farmers/farmland owners to be one of the mian supplier of the main material for
Papel de Hierba Verde, and that is grass. The supply will always come every other month, as the
grass requires maximum of 30 days to be called a fully grown grass, that is enough to be created
as grass paper.
Production
The production of Papel de Hierba Verde is long, the estimated time frame for the grass
paper to be fully made is a maximum of 24 hours (Rinsing the paper is part of it). After the
production process for making Papel de Hierba Verde, it will take 2 days to before it will be
distributed to the partnered stores with our physical stores, as the Papel de Hierba Verde needs to
undergo some test for durability to ensure quality of the product, before distributing it.
Rush orders won’t be a problem for this kind of businesses, as rush orders only happened
when it is in high demand. Papers that are specifically made for arts and crafts are not in the level
of high demand products. But despite of that, the employee of EcoLoko Corporation is ready for
this kind of problem. The EcoLoko Corp will deal with this kind of problem normally. The
EcoLoko Corporation values quality over quantity of the product, as bad feedback from poor
quality product will eventually be the big downfall for any business. The rush orders will only be
source of short-term income and will eventually damages the company’s reputation that can lead
to its closure. as the quality of rush product is always poor.
Inventory
The Inventory checking of the EcoLoko Corporation is deicides to conduct two
inventories checking one of it will happen every day and the another will happen weekly; this is
to ensure the materials are sufficiency of the materials for a whole day production. This everyday
checking will help the the EcoLoko Corporation to keep track with materials used everyday for
the process., and the weekly inventory checking is for deep checking for the materials for the
quality and sufficiency of the materials.
Feasibility
Product/Prototype Testing
Papel de Hierba Verde undergo some test before releasing to the public for selling. The
Papel de Hierba is tested into two following factors, the versatility, and the durability. The
testing is made for 3 papers for each batch of production. The versatility is tested through folding
into smaller pieces. The durability is tested through lifting objects, the target weight is to carry
5kg which averages to a weight of a small shih tzu dog.
The EcoLoko Corporation also conducts a survey for testing that product, the EcoLoko
Corporation have chosen 30 respondents to the survey to test the product to get their first
impression and feedback for improvements.
Price Testing
The price of Papel de Hierba Verde is calculated through cost-based pricing. Through the
formula of cost-based pricing, the Papel de Hierba Verde was able to get a price that will help
the EcoLoko Corp. to get return of investment to the investors and owner. The current price of
Papel de Hierba Verde is ₱ 20.00 per 10 pcs pack, the price was close to the arts and craft-based
papers that includes construction paper and scented paper. The ₱20.00 was also good for new
products as it has a low demand at first.

Cost
TOTAL Cost was based on daily product used and is mark-up at 50% (10 pcs per Pack)
DIRECT COST
TOTAL cost ₱ 5,452.00

Direct cost = = =₱ 1.363
yield per day ₱ 4,000.00
INDIRECT COST
Indirect Cost = ( Selling∧administration

yield per month
cost
)=(
₱ 120,000 )
₱ 80,729.80
=₱ 0.67
PROCDUCTION COST
Product Cost = Direct Cost + Indirect Cost
¿ ₱ 1.363+ ₱ 0.67 ×10
¿ ₱ 12.033
MARK-UP
Mark-up =( ₱ 12.033 ) × ( .50 )=₱ 6.0165
OVERALL, PRICE PER PACK (10 PCS)
Cost per Unit = Product Cost + Mark−up
¿ ₱ 6.76+ ₱ 3.36
¿ ₱ 18.0495
The calculated price for Papel de Hierba Verde is ₱18.05, but to make room with value
added tax or VAT, which is exactly 12%. The selling price of Papel de Hierba Verde will be at ₱
20.00
C. Legal Issues
Business Structure
The decision has been taken, and the C Corporation has been established. Not only did
the corporation want to benefit the economy, but it also wanted to separate the assets that came
with it. Though there are numerous advantages to keeping our personal and corporate accounts
separate, two of the most important reasons to do so are tax and personal security. Not only that
but using a separate business account makes it far easier to keep track of business costs for tax
purposes. Prioritize paying taxes or corporation taxes before distributing to shareholders in a C
Corporation. As a result, we will be able to control our finances smoothly and comprehensively.
The company's robust and well-thought-out policies and decisions will help the economy expand
even more. It will also stand out from other businesses if it is consistent in paying taxes and
separating assets.
Taxation has a different influence on businesses depending on whether the tax is paid
directly to the government or indirectly through businesses. Workers must pay more tax on their
earnings if the income tax rate is raised. Consumers have less money to spend on goods and
services as a result. If the C Corporation shines, we may have a fantastic firm where negativity,
financial loss, and insolvency do not thrive. It also necessitated keeping track of taxes that had
been paid and still needed to be paid in order to balance the budget. The corporation's
transparency will aid us in attracting more purchasers. The primary benefit of C Corporation
transparency is that it fosters trust and goodwill among investors, partners, employees,
customers, and other stakeholders while protecting the firm's reputation. Other advantages of our
business openness include improved employee morale. Because each and every member of the
corporation has a right to know, it should be reported.

Business Name
Ecoloco Corporation’s Articles of Incorporation:
Business Permit
CHAPTER VI
A. Capital Structure
ASSETS
Current Assets ₱ 383

Fixed Assets ₱ 5,069
TOTAL = ₱ 5,452
EXPENSES
Utilities Expense ₱ 5,500
Salaries Expense ₱ 70,000
TOTAL = ₱ 75,500
LIABILITIES
Long-Term Liabilities ₱ 20,000
Total Liabilities = ₱ 20,000
OWNERS EQUITY
Contributed Capital ₱ 66,181.8
TOTAL = ₱ 66,181.8
Total Liabilities and Equities ₱ 86,181.8
Working capital is a financial statistic that helps our organization plan for future demands and
guarantees we have adequate cash and cash equivalents to pay short-term obligations like unpaid
taxes and short-term debt.
For our starting capital, we have 90,000. In that amount, we subtracted the total expenses from
the materials to equipment that we used for the creation of our product.
The current assets of Papel de Hierba Verde Production is cost arount 90,000 PHP and the
current liabilities are 5,069 PHP. To calculate our working capital, we subtracted our current
liabilities from our current assets, which came to 61,112.8 PHP.
SOURCES AND USES OF FUNDS
Source of Funds
Owner Equity ₱ 66,181.8
Bank Loan ₱ 20,000.00
Total Funds ₱ 86,181.8
Uses of Funds
The 86,181.8 will be used as follows:
Inventory: Grass ₱ 0.00 100%

Screen ₱ 138.00 100%
(Production for a day) Glue ₱ 98.00 50%
Yarn ₱ 30.00 75%
Sodium Bicarbonate ₱ 117.00 100%
Total = ₱ 383.00
Equipment : Silkscreen ₱ 70.00

Blender ₱ 4,999.00
Total = ₱5,069.00
Salaries (7 Workers) ₱ 70,000.00

Water ₱ 500.00
Electricity ₱ 5,000.00
Total = ₱ 75, 500
Working Capital ₱ 61,112.8
Total = ₱ 86,181.8
The company intend to begin with a stock of around 10 pieces per pack of grass paper.
The cost of these grass papers is 20.2389 per pack. We also want to have a wide range of
equipment. Of However, if there is an unexpected demand for a particular product, we will be
able to order more supplies. With time, we will have a better grasp of the optimal product mix.
The product will require specialized tools and equipment to be made. The company will
require some more equipment, including manpower and various supplies.
The working capital will allow Cycle-Rama to fulfill existing expenses while also
ensuring the company's expansion.
After carefully evaluating market conditions, we concluded that there is a high demand
for grass paper in Cabuyao, Laguna. There are very few places in the area where one may get
grass paper. The stores that do sell grass papers have a limited range and do not service the
products they sell. School supply businesses would not only sell but also service grass papers.
We believe that our promotional activities and business location will produce the necessary
exposure for us to meet our sales targets. We are certain that our revenue and spending
predictions are reasonable.

A. Financial Offering: Returns and Benefits to Investors, Financiers, and Business
Partners
Financial Offering
The EcoLoko Corporation seeks to reward its customers with discounts and special
offers. Returning consumers and investors receive higher discounts from the team. Small
sponsorships are also being offered by the owners as a way of giving back to the community.
The owners will be able to assure that their customers will keep in touch with them in this
manner. Finally, it is critical to support small companies in your community. There's a fair
probability that some of your clients are self-employed. These entrepreneurs will require all of
the help they can receive. It's also vital that your corporation contributes to these community-
based groups.
Customer acquisition is a priority for 44% of firms, while customer satisfaction is a
priority for 18%. Giving back to existing customers is good since 60%-70 percent of existing
consumers will purchase a new item from you, whereas only 5%-20% of current clients will do
so. Given the high expense of acquiring new consumers, rewarding customers who are willing to
purchase new products at a cheaper cost makes complete sense.
The EcoLoko Corporation’s cash flow is represented below, all the number below are all
estimation based on expected yield per day and month of Papel de Hierba Verde. The cash flow
will only represent a month of cash flow of EcoLoko Corporation.

Cash Flow Statement

EcoLoko Corporation
(Estimation Only per Month based on 2022 Rates)
All figures Philippine Peso (PHP)
Cash Flow from Operations

Net Earnings P 120,000
Additions to Cash
Depreciation P 4,999
Decrease in Accounts Receivable P 28,000.00
Increase in Accounts Payable P 28,000.00
Increase in Taxes Payable P 10,000.00
Subtractions from Cash
Increase in Inventory P 7470.00
Net Cash from Operations P 183,429.00
Cash Flow from Investing
Equipment P 5,207.00
Cash Flow from Financing
Notes Payable P 5,000.00
TOTAL CASH FLOW P 183,222
Business partners
EcoLoko Corporation have partnered with the following group of individuals, this aims
to strengthen the reputation and secure the quality of the product in order to build trust with the
target consumers of the product.
Specifically, EcoLoko Coporation have partnered with the following groups of
individuals and stores:

Bookstores, Gift Shops, Arts Supply Stores – One of the main targets of the EcoLoko’s Papel de
Hieba Verde: Venture to the future are people who are into arts and crafts. This is the reason why
EcoLoko have partnered with those kinds of stores This can help the growth of the product as it
is unique to the eyes of customers and many artists are looking for new materials to experiment
with their talent and capabilities.
Another reason for this partnership with these stores are to ensure the product’s quality until it
gets to the customer safely without damaging. They are known for ensuring the safety of the
product to the customers.
Farmer/Farmland Owners – Papel del Hierba Verde’s main component in the making of grass
paper is grass, without grass the product won’t be able to progress. It is the heart of the EcoLoko
Corporation’s products. This partnership is based on the conveniency and the quality of the raw
material. EcoLoko Corp have its own land to grow grasses, but that won’t be enough to sustain
the monthly production of grass paper, as the grass takes about 10 to 14 days to grow and 30
days for ensuring the quality. The backyard can only sustain 6 months of production for whole
year. That’s why EcoLoko have made partnership with the farmers and farmland owners to
sustain the production. The solid of every farmland can ensure the quality of grass that in can
produce as it is very common to have a rich in nutrient soil in those areas.
CHAPTER VII
EXECUTIVE SUMMARY
Problem Statement
EcoLoko Corporation have conducted a survey last week in different barangays of
Cabuyao City, Laguna, Philippines. Our research team, specifically assigned for surveying have
gathered 30 respondents from different barangays, the data gathering through survey
questionnaires is conducted through online social media platforms.
After evaluating the answers from the respondents, the survey concluded that there are
two factors from the feed backs that standout the most . The two factors are the texture and the
color of the Papel de Hierba Verde, these two feedbacks make up the 43% or 13 out of 30
respondents have said that it need improvement on texture and color. In 13 feedbacks suggesting
improvements, 38% of them said that it need texture improvement, 31% for those who suggest
for color improvement, and also 31% suggesting it needs both texture and color improvement.
To bring out the best quality of EcoLoko’ Papel de Hierba Verde and to take necessary steps in
response to the valuable feedback of the customers, the EcoLoko have to conduct several
experimentations to Papel de Hierba Verde before fully releasing it the public.
Proposed Solution
With the recent concluded survey, EcoLoko Corporation have conducted several
experiments in response to the feedback of the respondents. The goal of the experiment is to be
able to serve the needed improvement of the respondents without using any chemicals. After
several attempts, EcoLoko have succeeded to overcome the two factors that standout the most
from the survey.
Here are the few changes and step taken in order to fulfill the need of the customers.
 Texture Improvement
Originally, the beating of the paper grass only takes 3 minutes each phase, the
beating is consisted of 3 phases which makes up to 9mins of beating time to the grass
pulp. The production team have increased the beating time from 3 mins each phase to 7
mins each phase, which takes about 21mins.
The production team also added 8 mins for the blending of grass pulps, which
means it now takes about 10 mins for 1 batch to blend. In addition, the production also
has added more pressure to the grass paper when it is drying to maintain it’s smooth
surface as much as possible.
 Color Improvement
For the color of grass paper, the goal is to refrain using chemicals for dyeing the
paper. The production team have retained the color green for people who likes it. The
production has come up with 3 colors, these are the three primary colors which are red,
yellow, and blue.
To successfully alter the color of the Papel de Hierba Verde, the production team
have used two methods since the color green is hard to alter the color especially the dark
ones. The two methods are dying in coffee beans to make lighter tone and black beans for
greyish tone. Dyeing first the grass paper will make a lighte tone of color after 3 days.
The changes in color of grass paper helps to easily alter it to more colors. The
dyes are made out of flowers that can easily find anywhere, especially in farms. The
production team have decided to use natural dyes as color material to avoid using
chemical that can harm environment, and to be more unique kind of paper.
Value
Upon the changes for the improvement of Papel de Hierba Verde’s texture and color,
EcoLoko corporation is epecting to satisfy the suggestions of the customers. The suggestion
really benefitted the quality as it improves more. The changes can potentially place the Papel de
Hierba Verde as one of the used materials in terms of arts and crafts field, this can increase the
monthly profit of the product. The increase can also be significant when there’s a special
occasions like Christmas and Valentines. if this happened this can increase the annual profit of
the product by 4% to 6% of expected income.
The improvement of the product also comes with potential risk that can affect the
product, one of the factors that might affect is the price changes. Using artificial dyes would be
much cheaper than natural dyes, but using chemical is not our way of product making or
improvements. The dyes use for Papel de Hierba Verde variation can slightly affects the price of
product. The price our product is one of the most iconic for the customers, as it is cheaper than
other some art and crafts materials. The price can slightly increase between ₱ 0.70 pesos to ₱
2.00 as one of the dye materials is pricy and that is black beans.
To deal to with situation and prevent form the product from rising price of ₱ 2.00, we’ve
have conducted some experiment between the normal price black beans and cheap black beans in
the market. This experiment is done while experimenting some color tones. The experiment
results to have same result; this means that cheaper black beans can do a job of a quality black
beans in terms of dyeing.
Final Thoughts and Next Steps
The improvement of the texture and color of the product will significantly help the
quality of the product. Despite of having some setbacks, the team may have overcome, especially
with the price changes. Then new offering such as new variation of color for Papel de Hierba
Verde can significantly help the product positively, especially for the people who are in arts and
crafts field. The survey for product experience is really necessary, now EcoLoko Corporation is
planning to conduct a monthly survey on social media platforms to get relevant feedbacks that
can eventually help for the improvement of Papel de Hierb Verde: Venture to the Future.
EcoLoko Corporation also plans to create and expand more product that are
environmentally friendly, as it advocates for the cleaner production of materials. Especially for
the materials that are common to use.

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Pamantasan ng Cabuyao

Katapatan Subdivision, Banay-banay, Cabuyao, Laguna

Senior High School Department

PAPEL DE HIERBA VERDE: VENTURE TO THE FUTURE

In Partial Fulfillment of the Requirements

Avellana, Dynese Jayne D.

Misa, Jasper Ely C.

Parcon, Chromwella Julieve P.

Peras, Tristan Jay D.

Vila, Samantha Ysabelle L.

MR. JESTER PAUL AQUINO

2nd Semester, SY 2021-2022

Senior High School Department

PAPEL DE HIERBA VERDE:

VENTURE TO THE FUTURE

Senior High School Department

an alternative substitute to the normal wood-papers. The products aim to be an alternative

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Business Model Canvas

D. Business Goals: Mission, Vision, Objectives

To empower environmental protection movements through creating eco-friendly products

Senior High School Department

environment, especially for the trees.

Specifically, EcoLoko Corporation aims the following objectives:

 To make an affordable and unique type of product in the market.

E. Products Offering and Description

EcoLoko Corporation is a company formed by different entrepreneurs with unique

Senior High School Department

but could also be one of the solution for plastic problem.

Senior High School Department

REGION Philippines, Southeast Asia

COUNTRY SIZE 300,000 km²

POPULATION DENSITY 368 per Km2 (952 people per mi2)

CLIMATE Tropical and Maritime

2 using different materials:

Grass Paper Market Characteristics Wood-Pulp Paper Market Characteristics

B. Target Costumer Profile

Senior High School Department

School Students Artists School Items

artwork and crafts.

Senior High School Department

Senior High School Department

Papel de Hierba Verde Brand X

participants of the survey are 15 random people and 15 chosen people.

Senior High School Department

definitely improve the product for the consumers.

Senior High School Department

A. Products and Services

VERDE' as an alternative, it has more benefits than normal paper.

Senior High School Department

Table B.1. Production Expenses of Grass Paper per Day

No. Materials Quantity/Size Price Total Cost

1 Grass 6 kg ₱ 0.00 ₱ 0.00

2 Screen 10 x 12 ₱138.00 ₱ 138.00

3 Glue 130 ml x 2 Bottle ₱49.00 ₱ 98.00.

4 Yarn 2 ₱15.00 ₱30.00

5 Sodium Bicarbonate 340g x 1 Box ₱117 ₱ 117.00

TOTAL PRODUCTION COST ₱ 245.00

Table B.2. Production Equipment Expenses

No. Particulars Quantity/Size Price Total Cost

1 Silk Screen 1 ₱ 70.00 ₱ 70.00

2 Screen 10 x 12 ₱ 138.00 ₱ 138.00

3 Blender 1 ₱ 4,999.00 ₱ 4,999.00.