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CHAPTER V
MARKET FEASIBILITY
A. INDUSTRY DESCRIPTION AND COMPETITIVENESS
The researcher decides to study this kind of business in Atimonan, Quezon because
he wants to help the people in the Atimonan, Quezon and its environment to offer this kind
of services that will help them to value their accessories. For having this kind of business
the customers not having to “drive all over the town to attain the related services at
different shop because the business model offering customers of having multiple needs met
in one location or “One Stop”. He also noticed that most of the respondents are concerned
with the value of their accessories. This study considered the size and scope of the market,
wherein the researcher used 100 respondents from the total number of population in
Barangay Angeles, Caridad Ibaba, Tagbakin, Zone I, Zone II, Zone III, and Zone IV
using the stratified random sampling design to gather data within a reasonable amount of
time.
The proposed One Stop Quick Fix Shop business is in the Maturity stage. During
this stage, sales growth has started to slow down, and the services have already reached
widespread acceptance in the market, in relative terms. Some people do not go to the
shop to fix their repair items instead they will buy a new product. The researcher wants to
prolong this phase so as to avoid the eventual decline. This desire leads to new innovation
and features in order to continue to compete with the competition which, by now, has
become very established, advanced and fierce.
The nature of industry of One Stop Quick Fix Shop Services business in the town
is stable because there are Shoe Repair Shops existing in town and there are also few
competitors like the shoe cobblers on the street who offer the same kind of services but
the one key advantage of the business is the “One Stop” concept will have business name
that the market could easily find other existing services here in Atimonan, Quezon that
offer the same services has no business name. The proposed business will offer different
services that depend on the market wants and preferences.
Based on the survey, the places where the respondents go when they want to
render the services is first in the street or near public markets where the shoe cobblers
offer the similar services with 65% of the total respondents. Next is the repair shop of Mr.
Felecito Veracruz in Zone II Poblacion, Atimonan, Quezon with 24% of the respondents,
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6% go to Pacific Mall and, 5% go to SM Lucena, and none go to Precious Shoe Repair in

Gumaca, Quezon.

B. PROFILE OF THE MARKET AND ACCESS TO MARKET

OUTLETS/ CHANNELS OF DISTRIBUTION
For the main target markets of proposed business, 29% belong to the age group of
21-25 years old while 17% are from 26-30 years old. Male are the main target markets in
the proposed business with 61% of the total respondents while the female respondents
only comprise 39% of the total respondents. 53% of them are single while 42% are
married. Most of them are Students, Government Employees and Office Workers. As per
monthly income, 23% of the respondents earn Php 8, 000-Php 9, 999 per month while
22% of them earn Php 6, 000- Php 7, 999 per month.

For the market attitude of the respondents toward going to the One Stop Quick
Fix Shop, the respondents strongly agree that they go to the One Stop Quick Fix Shop
because they saved serious cash and their repair items has a sentimental value, and this
can help our environment and support small businesses. They also agree that the cobbler
will help their shoes last a lifetime and make it brand new again. The characteristics of
the services of a proposed One Stop Quick Shop services that the respondents most
preferred has a quick services, affordable price and offer discounts to the customers. The
repair items used has a good quality of repair tools and machines and has a best cleaning
method to make it last for a long period of time. The services also duplicating keys with
different colors and design. Lastly, the characteristics of the place of a proposed One Stop
Quick Shop services that the respondents most preferred have business name/logo,
contact number, arrangement of offer services and reserved chairs for the customers. The
shop also has color and design, well lighted and personnel have their own uniforms.

The proposed business will be using social networking sites, flyers, tarpaulins in
promoting the business. The researcher wants to satisfy the demands and needs of the
market according to the services they want to render.

C. ACCESS TO SUPPLY

The proposed One Stop Quick Fix Shop business will source its supply from these local
suppliers:

 Electricity - QUEZELCO Atimonan, Quezon

 Water - Water District and Water Station Atimonan, Quezon

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 Telephone - GTSI Atimonan, Quezon

 Equipment - Lucena City, SM Lucena, ACE Hardware

 Internet Connection – Atimonan, Quezon CATV

D. GOVERNMENT REQUIREMENTS AFFECTING THE

BUSINESS
To start a One Stop Quick Fix Shop the following government requirements are
needed.
 BCF –Barangay Clearance Fee
 BIR – Bureau of Internal Revenue
 DTI – Department of Trade Industry
 MPF – Mayors Permit Fee
 SIF – Sanitary Inspection Fee
 HC – Health Certificate
 TC – Tax Clearance
 GF – Garbage Fee
 CF – Certification Fee
 BP – Business Plate (for new applicants)
 BIF – Building Inspection Fee (c/o Engineering Assessment)
 EIF – Electrical Inspection Fee (c/o Engineering Assessment)
 PIF – Plumbing Inspection Fee (c/o Engineering Assessment)
 BP – Business Plate
 ST – Sticker

E. PROPOSED MARKETING PROGRAMS

The proposed target markets are residents in the town of Atimonan Barangays Zone I,
Zone II, Zone III, Zone IV and the nearby Barangays, Barangay Angeles, Barangay
Caridad Ibaba and Barangay Tagbakin.
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The proposed business will offer different service such as Shoe Repairing, Bag
Repairing, Sandals Repairing, Shoe Patching, Bag Patching and Key Duplication. These
proposed services are in affordable price.
This service offers reliability, convenience and ease in the repair of shoes and other
accessories. The offer services guarantee that the shoes and other repair items will
returned in an almost a brand new condition and will have absolutely no signs of any kind
of damage. In order to provide convenience to the customers, the repair items return to
them along with a shoe polish so that they can keep their repair items looking new for a
long period of time. In offering key duplication the services offer to the customers in
duplicating their keys not just once or twice but numerously with colors and design. The
shop will also have a Television and reserved chairs to the customers who are willing to
wait their repair items in the shop. The place will also have a business name/logo, contact
number and other detailed information, the display products and other offer services
arranged properly, and the shop is spacious and has a color and design. It is also well
lighted and the personnel have their own uniforms.
The prices will vary depending on what kind of repair the customers need. The
proposed services provide the greatest quality and value to the customers in the most
reasonable amount of money and aspire to become a name associated with reliability
convenience and quality.
Its location is secured and accessible so that the customers will easily find the place
because it has a business name/logo, contact number and detailed information, display
products arrangement, colors and design, well lighted place, and the personnel has a
uniform so that the customers will recognize them easily. The proposed business will also
have a complete material, passed required standard, entire necessary permit to operate,
safety materials use, and give discounts to the customers.
The proposed business will be using flyers, tarpaulins, radio advertisement and the
social networking sites to attract the market. The establishment will be tactically situated
in Barangay Zone II Poblacion, Atimonan Quezon.
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F. MARKET POTENTIAL AND PROJECTED SALES

Based on the survey, the market preferred the following services:
 Shoe Repairing
 Bag Repairing
 Key Duplication
 Sandals Repairing
 Shoe Patching
 Bag Patching

The target markets of the proposed business are the people in selected Barangays
from the town of Atimonan and the nearby Barangays namely Barangay Angeles,
Caridad Ibaba and Tagbakin. The target market’s total population is 29,291. The target
market is comprised of 29% who are of ages from 21-25, while 17% ranges from 26-30
years. As per monthly income, 23% of the respondents earn Php 8, 000-Php 9, 999 per
month while 22% of them earn Php 6, 000- Php 7, 999 per month.
The researcher considers those customers who go to Mr. Veracruz Shoe Repair
Shop to repair their accessories as his primary target market of the 949 market based..
However the researcher considers that not all of them will immediately patronize the
proposed business. Thus, the researcher assumes that he will be able to tap around 15%
of the market segment.
90% of the respondents are willing to go to the proposed business based on the
result of the survey. The researcher makes an assumption that 10% of the 90%
respondent will patronize the proposed One Stop Quick Fix Shop business. The
researcher assumed that 15% is a reasonable estimate for it is the lower percentage share
than Mr. Veracruz Shoe Repair, which is the major competitor of the proposed business.
TABLE F.1 TARGET MARKET BASE

Target Market Number of Respondents

Barangay Zone I 4644
Barangay Zone II 3775
Barangay Zone III 1943
Barangay Zone IV 3679
Barangay Angeles 2496
Barangay Caridad Ibaba 6456
Barangay Tagbakin 6298
TOTAL 29291
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TABLE F.2 MARKET WILLINGNESS

Willingness to go to a One Stop No. of Percentage

Quick Fix Shop Business Responses Distribution
Yes 90 90%
Maybe 6 6%
No 4 4%
Total 100 100%

Based on the survey, 90% of the respondents are willing to go to the proposed
One Stop Quick fix Shop to repair their accessories. Followed by 6% which having
second thoughts and going to shop and 4% of them are not interested.

TABLE F.3 COMPETITION OF THE BUSINESS

No. of the Percentage

Outlets
Respondents Distribution
Shoe Cobblers (sapateros) on the streets or
65 65%
near public markets
SM Lucena 5 5%
Pacific Mall 6 6%
Precious Shoe Repair (Gumaca, Quezon) 0 0%
Mr. Veracruz Shoe Repair Shop (Zone II
24 24%
Poblacion Atimonan, Quezon)
Total 100% 100%

TARGET MARKET:
The market potential of the proposed One Stop Quick Fix Shop business is
estimated and calculated as follows:
Total Population of the Residents: 29,291
Respondents Willingness: 90%
Competitor: (Mr. Veracruz Shoe Repair Shop): 24%
Assumption: 15%
29,291 x 90% x 24% x 15%
= 29,291*.90*.24*.15
= 949 (MARKET BASE)
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TABLE F.4 SEASONALITY OF THE BUSINESS ASSESSMENT

% Total Effective
MONTHS Seasonality ASSESSMENT Market Market Market
Base Base Base
It is new year, the people buy
new accessories to replace 30% 949 285
January LEAN
their former bags, shoes etc.
which last for a year(s)
February LEAN Ordinary Month. 30% 949 285
March LEAN Ordinary Month. 30% 949 285

April LEAN Summer Season. 30% 949 285

This month, the students
prepare for their own
supplies used in schools and 60% 949 569
other accessories like shoes
May PEAK
and bags to be fix, to make
them comfortable when they
go back to study.
Many students will consider
June PEAK having their shoe repaired for 60% 949 569
the school opening.
July LEAN Ordinary Month. 30% 949 285
August LEAN Ordinary Month. 30% 949 285
The rainy season came. The
respondents aware to protect 60% 949 569
September PEAK
their shoes, bags and other
accessories from the rain.
The rainy season came. The 60% 949 569
respondents aware to protect
October PEAK
their shoes, bags and other
accessories from the rain..
November LEAN Ordinary Month. 30% 949 285
Christmas season, people
receives money such as cash
gift and 13th month pay, thus 30% 949 285
December LEAN
this is the month they buy
new accessories they want.

 The Percentage of Market Base is 60% for peak season and 30% for lean season.
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TABLE F.5 PROJECTED SALES

MARKET
SERVICES that
No. of Equivalent UNIT
RANK the MARKET TOTAL PRICE
Responses per PRICE
LOOK for
Category
MAY, JUNE, SEPTEMBER, OCTOBER (PEAK)
Effective Market Base (569)
1 Shoe Repairing 89 23% 131 80.45 Php. 10,538.95
2 Bag Repairing 72 19% 108 70.00 Php. 7,560.00
3 Key Duplication 69 18% 102 80.22 Php. 8,182.44
4 Sandals Repairing 52 14% 80 71.63 Php. 5,730.40
5.5 Shoe Patching 50 13% 74 52.50 Php. 3,885.00
5.5 Bag Patching 50 13% 74 52.80 Php. 3,907.20
TOTAL MONTHLY SALES DURING PEAK MONTH Php. 39,803.99
TOTAL SALES PER 4 PEAK MONTHS Php. 159,215.96

% MARKET
SERVICES that
No. of Equivalent UNIT
RANK the MARKET TOTAL PRICE
Responses per PRICE
LOOK for
Category
JANUARY, FEBRUARY, MARCH, APRIL , JULY, AUGUST, NOVEMBER,
DECEMBER (LEAN)
Effective Market Base (285)
1 Shoe Repairing 89 23% 66 80.45 Php. 5,309.70
2 Bag Repairing 72 19% 54 70.00 Php. 3,780.00
3 Key Duplication 69 18% 51 80.22 Php. 4,091.22
4 Sandals Repairing 52 14% 40 71.63 Php. 2,865.20
5 Shoe Patching 50 13% 37 52.50 Php. 1,942.50
5.5 Bag Patching 50 13% 37 52.80 Php. 1,953.60
TOTAL MONTHLY SALES DURING PEAK MONTH Php. 19,942.22
TOTAL SALES PER 8 LEAN MONTHS Php. 159,537.76

PROJECTED SALES YEAR 1 Php. 318, 753.72

PROJECTED SALES YEAR 2 Php. 350, 629.09
PROJECTED SALES YEAR 3 Php. 403, 223.46
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ASSUMPTION:
The business sales for year 2 will increase by 10 % from the sales in Year 1 due to the
awareness of the presence of the proposed business, for that reason, more customers will
patronize the business.
In Year 3, the researcher assumes that the sales will further increase by 15% due to the
loyal customers that the entrepreneur will develop.
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CHAPTER VI

TECHNICAL AND OPERATIONAL

FEASIBILITY
A. SERVICES DESCRIPTION
Based on the survey, the most preferred One Stop Quick Fix Shop services are:

SERVICES UNIT PRICE

Shoe Repairing Php 80.45
Bag Repairing Php 70.00
Key Duplication Php 80.22
Sandals Repairing Php 71.63
Shoe Patching Php 52.50
Bag Patching Php 52.80

 The proposed One Stop Quick Fix shop services offer reliability, convenience
and ease in the repair of shoes and other accessories. The offer services
guarantee that the shoes and other repair items will returned in an almost a
brand new condition and will have absolutely no signs of any kind of damage.
In offering key duplication the services offer to the customers in duplicating
their keys not just once or twice but numerously with colors and design.

 The following attributes will be observed in a One Stop Quick Fix Shop
services:

 Business name/logo.
 Displayed contact number and other detailed information of the business.
 Spacious.
 Arrangement of the display products and other offer services.
 Reserved chairs for the customer.
 Color and design of the shop.
 Well Lighted.
 Uniforms of the personnel.

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B. PLANT OR SHOP LOCATION

Figure 2.The location map of the proposed One Stop Quick Fix Shop business.

 The proposed One Stop Quick Fix Shop business will be located at Purok
Kapitbahay Barangay Zone II Poblacion, Atimonan, Quezon.
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Figure B.2 The location map of the proposed One Stop Quick Fix Shop services
business.

RANDOLPHS TRADING/ FELROSE

BAZZU
INK NI JUAN HARDWARE

JOSE RIZAL STREET

FARE PIU DE SALON YESHA-MAE MARTINES-FORMENTO

DENTAL CLINIC

PROPOSED ONE STOP

QUICK FIX SHOP
BUSINESS
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C. SERVICES PROCESS
The services process of the proposed One Stop Quick Fix Shop business.
 SOURCING PROCESS

ADVERTISING PREPARING

CLEANING REPAIRING

Figure C: Sourcing Process

 The proposed One Stop Quick Fix Shop services will market their different kind
of repair services through different marketing strategies such as advertisements
and through using social media which we can use to promote and to attract the
customers.

 The next step is to prepare the tools and equipment used in repairing shoes and
other accessories and the machine used in duplication of keys. After that, the
cobbler will ready to repair the customers repair products and duplicating keys
then the cobbler clean the repair products with the best cleaning method to keep it
looking in its perfect condition.
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 REPAIRING CYCLE

ENTERTAINED BY
CUSTOMERS THE
OWNER/MANAGER

WAIT FOR THEIR

GIVE THE REPAIR
REPAIR ITEMS
ITEMS

THE COBBLER THE CUSTOMER

REPAIR AND CHECK THE
CLEAN THE REPAIR ITEMS
REPAIR ITEMS

THE CUSTOMER
PAYMENT
LEAVE THE SHOP

Figure C.1 : Repairing of Shoes, bags, Sandals Cycle

 REPAIRING PROCESS
 The customers enter the proposed One Stop Quick Fix Shop. The staff of the shop
will assist and entertain the customers to know what type of repair services they
are looking for.

 The customer gives their repair items and explains to the owner/cobblers how
they want their repair items to be done. Then the customer waits for their repair
items until it’s done.

 After repairing, the cobbler shows to the customer their repair items to check if
there are parts of the repair items to fix.

 If the customer was satisfied on the repair services, he/she will ask the the total
bill of the services and will pay the total amount of the repair services.

 Lastly, the owner, cobbler and the customer bid a nice goodbye.
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 KEY DUPLICATION CYCLE

ENTERTAINED BY
CUSTOMERS THE
OWNER/MANAGER

WAIT FOR THEIR

GIVE THEIR KEY
KEY ITEMS TO
ITEMS
DUPLICATE

DUPLICATE THE THE CUSTOMER

KEYS AND CHECK THE
CLEANED IT. ITEMS .

THE CUSTOMER
PAYMENT
LEAVE THE SHOP

Figure C.2 : Key Duplication Cycle

 KEY DUPLICATION PROCESS

 The customers enter the proposed One Stop Quick Fix Shop. The staff of the shop
will assist and entertain the customers to know how many keys they want to
duplicate.

 The customer gives their keys and explains to the owner/cobblers how they want
their key items to be done. Then the customer waits for their keys until it’s done.

 After duplicating the keys, the cobbler/key machine operator shows to the
customer their key items to check if there are parts that need to fix.

 If the customer was satisfied on the services, he/she will ask the the total bill of
the services and will pay the total amount of the repair services.

 Lastly, the owner, cobbler and the customer bid a nice goodbye.
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D. ESTABLISHMENT SIZE AND LAYOUT

D.1 FLOOR PLAN OF THE PROPOSED BUSINESS
STORAGE RACK DISPLAY ITEMS
10 LAYER SHOE

COBBLER
AREA

ENTRANCE/EXIT
KEY SEWING
DUPLICATING
MACHINE
MACHINE
TABLE
TABLE

CHAIR
TELEVISION

CHAIR

CHAIR

CASHIER/WOODEN CHAIR
MANAGERS
TABLE TABLE

Figure D.1 Floor Plan of the One Stop Quick Fix Shop Business
The figure shows the floor plan of the proposed One Stop Quick Fix Shop
business in Zone II Poblacion Atimonan Quezon. It illustrates how the shop is properly
arranged and how the shop is going to operate. The color of the shop is green and white.
“White” represents the cleanliness of the shop. “Green” represents the environment. The
operations of the business will make sure that it contributes to saving the earth by
repairing shoes. The logo of the proposed business will be running man carrying a shoes
to signify that the proposed business will repair shoes in quick and accessible way. The
business name will be “IAN’S QUICK FIXERS”. The size of the shop has an area of 15
square meters.
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D.2 SHOP WORK DAYS AND HOURS

Based on the survey that the researcher gathered the proposed One Stop
Quick Fix Shop business open on Monday-Sunday from 8 o’clock in the morning
until 5 o’clock in the afternoon.

D.3 ESTIMATED COST OF CONSTRUCTION

D.3.1 Cost of Materials
The researcher asked the help of Mr. Danny Planas to determine the needed
materials and its estimated cost of construction of the proposed One Stop Quick Fix
Shop business in Atimonan, Quezon. The resulted are as follows:
Table 3.1. Total Cost of Labors needed for the Construction
Unit of Unit Cost Total Cost
Materials Needed QTY. (in Php.)
Measure (in Php.)
Cement Bags 50 280.00 14,000.00
Concrete hollow blocks # 4 Pcs. 500 13.00 6,500.00
Sand Cubic 9 1,500.00 13,500.00
Gravel Cubic 3 1,566.00 4,700.00
Steel bar #10 Pcs. 25 150 4,500
Steel bar #9 Pcs. 23 100 2,300
T. Wire #16 Kg. 5 80 400
Plywood ¼ Pcs. 6 233 1,400
Coco lumber 2 x3 Pcs 20 90 1,800
Common nail #4 Kg. 2 113 226
Common nail #3 Kg. 2 113 226
Common nail #2 Kg. 1 170 170
Umbrella nails #5 Kg 3 135 405
Trasis 2 x 5 x 12 Pcs. 5 400 2,000
Trasis 2 x 5 x 8 Pcs. 3 300 900
Purlins 2x5x12 Pcs. 10 450 4,500
Pacia board 1 x 8 x 12 Pcs. 5 500 2,500
Yero 0.50 x 8 Pcs. 10 296 2,960
Yero 0.50 x 12 Pcs. 10 420 4,200
Boysen Paint- White Liter 4 160 640
Boysen Paint- Green Liter 4 160 640
TOTAL COST OF MATERIALS FOR CONSTRUCTION 68, 467.00

For materials needed for construction, the cost to be incurred is Php 68, 467.00.
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D.3.2 Cost of Labor

Table 3.2. Total Cost of Labor

Daily Rate (in Total Cost

Labor Requirement Number of Days QTY.
Php.) (in Php.)
Carpenter 30 1 500 15,000
Helper 30 2 300 9,000
TOTAL COST OF LABOR FOR CONSTRUCTION 33,000

The proponent would hire one (1) Foreman and two (1) Carpenters to build the
proposed One Stop Quick Fix Shop business within 30 days.. The cost to be incurred by
the proposed One Stop Quick Fix Shop business for labor is Php 33,000.00.
D.3.3 Cost of Construction
Table 3.3. Total Cost of Construction
Amount (in
Cost of Rebuilding Reference
Php.)
Cost of Materials 68, 467.00 Chapter VI, Page 96, Table 3.1
Cost of Labor 33,000.00 Chapter VI, Page 96, Table 3.1
Total Cost of Construction 101, 467.00

The total cost of construction is Php. 101,467 .00.

Table 3.4. Depreciation Schedule of Construction Cost over 3 Years
Total Cost of Rebuilding Year 1 Year 2 Year 3
101, 467.00 33, 822.33 33, 822.33 33, 822.33

For three (3) years, the yearly depreciation expense for total cost is Php. 33,822.33.00.
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E. MACHINES, EQUIPMENT AND FIXTURES

E.1 DESCRIPTION, SPECIFICATION AND COST OF EQUIPMENTS
AND FIXTURES
Table E.1.1 Machines, Equipment’s and Fixtures
Machines, Eqipment Specifications QTY Unit Cost Total Cost
and Fixtures (in Php) (in Php)

Cashier Wooden 1 3,500 3,500

Table

Cashier Wooden Table

Reserved 4 250.00 1,000.00

Monoblock chairs
for the customers

Monoblock Chairs

10 Layers Shoe 1 157.00 157.00

Storage Rack

Shoe Rack
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Philips Essential 1 76.00 76.00

LED Light Bulb
Daylight

Light Bulb

Wall Clock 1 100.00 100.00

Wall Clock

Eureka ESF-160 5B 1 1,099 1,099

Stand Fan

Stand Fan

ACE SL-15" Ultra 1 1,999.00 1.999.00

Slim LED
Television

Television

DEFU 368A 1 9,999.98 9,999.98

Vertical Key
Cutting Machine

Key duplicating
Machine
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Manual Shoes 1 7, 620.00 7, 620.00

Repair Sewing
Machine Portable
Leather Shoe
Making Equipment
Kit Cobblers
Shoe Repairing Shoemaker Hand
Machine Sewing Tools

10" Plastic " Mini " 1 175.00 175.00

Toolbox On-board
Storage Box
Hardware
Tool Box

Wholesale 300 20.00 5,900.00

Universal Key
Blank

Uncut Keys

Unisex Adjustable 1 424.55 424.55

Wooden Shoes
Shaper Sretcher
Expansion Machine
Boot Tree Stretch
Shoe Expansion Expander

Black Hollow 1 117.00 117.00

Punch Tool Hand
Hole Punching
Leather/Gasket
Hollow Punch Carbon Steel
Tool(10mm)
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70 Meters Flat Line 9 70.00 630.00

Waxed Thread For
Leather Craft
1.2mm
Leather waxed Thread
Color: black, white,
brown

Wood Handle 1 72.00 72.00

Overneedle Wheel
Leather needle
Spacing Paper
Perforating Tool
Needle Crimper Roulette 2mm

10.5'' Sewing Cut 1 150.00 150.00

Cutter Shear
Leather Craft
Fabric Upholstery
Leather Scissor Scissor

95mm V Type 1 74.00 74.00

Leather Craft Tool
Cut Off Thin
Leather Groover

Leather Groover

Finger Thimble 1 70.00 70.00

Hard Protector
Metal Sewing
Tools Needles
Thimble
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Wooden Handle 1 68.00 68.00

Sewing Awl Hand
Stitcher Leather
Canvas Shoe
Repair Tools
Sewing Awl

Hammer Wood 1 420.00 420.00

Handle Leather
Work

Hammer

Bostik RUGBY 10 55.00 550.00

EXCEL Contact
Cement 300ML

Rugby

Wholesale 100 20.00 1,900.00

Premium Quality
Zipper for
Bag/Leather/
100pcs
Zipper

Leather Repair 3 200.00 600.00

Tape Patch Leather
Handbags, Shoes,
First Aid Patch
Leather Patch
Color: Black,
White, Btown
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Wood Handle 1 50.00 50.00

Horse Hair Brush
Shoes Boot Polish
Shoes Shine
Buffing Brush
Shoe Shine Brush

Leather Repair 1 80.00 80.00

Cream,
Multifunctional
Shoes Leather
Leather Cream Refurbishing
Conditioner Cleaner

Odor Buster + 2 399.00 399.00

Power Cleaner
Bundle (Shoe and
Bag Cleaner and
Deodorizer)
Odor Buster + Power
Cleaner

Colorful Fashion 10 15.00 150.00

Polyester Shoelace
Displayed in the
shop to attract
customers.
Shoe lace

Anti-Dust Mouth 3 64.00 192.00

Face Mask Cotton
Respirator Outdoor
Reusable
Face Mask
Total Cost Of Machines, Equipments And Fixtures 27, 953.53
 QUEZONIAN EDUCATIONAL COLLEGE, INC.
BUSINESS ADMINISTRATION DEPARTMENT
103

The proposed One Stop Quick Fix Shop business would need Php. 27, 953.53.53
the total cost of Machines, Equipments and Fixtures.
Table E.1.2 Grand Total Cost of Machines, Equipments and Fixtures.

Grand Total of Machines, Equipments and Fixtures 27, 953.53

E.2 DEPRECIATION SCHEDULE OF MACHINES, EQUIPMENTS, AND

FIXTURES
Table E.2.The Schedule of Machines, Equipment’s and Fixtures Depreciation
over Three (3) Years.
Schedule of Machines,
Equipments and Fixtures Year 1 Year 2 Year 3
Depreciation
27, 953.53 9, 317.84 9, 317.84 9, 317.84

For three (3) years, the yearly depreciation expenses for Machines, Equipments
and Fixtures is Php. 9, 317.84 . The depreciation schedule also within three (3) years to
make it consistent with the financial projection.

F. PROVISION OF MATERIALS INVENTORY TO START-UP

THE BUSINESS
Table F.1. Provision of raw materials inventory to start-up the business.
FEBRUARY
JANUARY

Total UNIT Total

MARCH

PRODUCTS Sales COST (in COST in

Volume PHP.) (Php.)

Shoe Repairing 23 23 23 69 80.45 5,551.05

Bag Repairing 19 19 19 57 70.00 3,990.00
Key Duplication 18 18 18 54 80.22 4,331.88
Sandals Strap Holing 14 14 14 42 71.63 3,008.46
Shoe Patching 13 13 13 39 52.50 2,047.50
Bag Patching 13 13 13 39 52.80 2,059.20
TOTAL 3 MONTHS INVENTORY 20,988.79
 QUEZONIAN EDUCATIONAL COLLEGE, INC.
BUSINESS ADMINISTRATION DEPARTMENT
104

G. COST OF SERVICES
The researcher computed the unit cost of services as follows:
Table G.1. Shows the cost of services of a One Stop Quick Fix Shop Services.

 Shoe Repairing

Cost per Needed Cost per

REPAIR AND
Unit of Unit of Proportion Unit of
CLEANING ASSUMPTION
Measure Measure per Measure
TOOLS
(in Php) repairing (in Php)

300 ml of Bostik Rugby

Rugby 300 ml 55.00 0.020 1.1 can repair 30 shoes (per
0.20 ml)
100ml of Leather Cream
Leather Cream
100ml 80.00 0.02 1.6 Conditioner can shine
Conditioner
100 shoes (per 0.02 ml)
200 ml of Odor Buster
can elimates and
Odor Buster 200ml 199.00 0.02 3.98
disinfects bacteria of
100 shoes per (0.02 ml)
200 ml of Power
Power Cleaner 200ml 199.00 0.02 3.98 Cleaner can clean 100
shoes per (0.02 ml)
70 meters of leather
Leather Thread 70 meters 70.00 0.040 2.8 thread can repair 70
shoes (per 0.040 inch)
Packaging
1 piece of paper bag can
Paper Bag 100 pcs 70.00 0.01 0.70
pack 1 pair of shoes
Total Unit Cost of 1 Pair of Shoes 14.16
 QUEZONIAN EDUCATIONAL COLLEGE, INC.
BUSINESS ADMINISTRATION DEPARTMENT
105

 Bag Repairing

Cost per Needed Cost per

REPAIR Unit of Unit of Proportion Unit of
ASSUMPTION
TOOLS Measure Measure per Measure
(in Php) repairing (in Php)
70 meters of leather
Leather Thread 70 meters 70.00 0.60 4.2 thread can repair 60
bags (per 0.060 inch)
200 ml of Odor Buster
can elimates and
Odor Buster 200ml 199.00 0.05 9.95
disinfects bacteria of 40
bags per (0.05 ml)
200 ml of Power
Power Cleaner 200ml 199.00 0.10 9.95 Cleaner can clean 100
bags per (0.05 ml)
100 pieces of bag zipper
Zipper 100
20.00 1 20 can replace and repair
Replacement pieces
100 bags (per 1 set)
Total Unit Cost of Bag Repairing 44.1

 Key Duplication
Cost per Needed Cost per
Key Unit of Unit of Proportion Unit of
ASSUMPTION
Duplication Measure Measure per Measure
(in Php) duplication (in Php)

300 piece of uncut keys

Universal Key 300
20.00 1 20.00 can duplicate 300 keys
Blank pieces
(per 1 piece)
Packaging
1 piece of small paper
100
Small Paper Bag 10.00 0.1 0.1 bag can pack multiple
pieces
keys.
Total Unit Cost of Key Duplication 20.1
 QUEZONIAN EDUCATIONAL COLLEGE, INC.
BUSINESS ADMINISTRATION DEPARTMENT
106

 Sandals Repairing
Cost per Needed Cost per
REPAIR AND
Unit of Unit of Proportion Unit of
CLEANING ASSUMPTION
Measure Measure per Measure
TOOLS
(in Php) repairing (in Php)
300 ml of Bostik Rugby
Rugby 300 ml 55.00 0.020 1.1 can repair 30 sandals
(per 0.20 ml)
100ml of Leather Cream
Leather Cream Conditioner can shine
100ml 80.00 0.02 1.6
Conditioner and clean 100 ssandals
(per 0.02 ml)
200 ml of Odor Buster
can elimates and
Odor Buster 200ml 199.00 0.02 3.98
disinfects bacteria of
100 shoes per (0.02 ml
200 ml of Power
Power Cleaner 200ml 199.00 0.02 3.98 Cleaner can clean 100
shoes per (0.02 ml)
70 meters of leather
Leather Thread 70 meters 70.00 0.040 2.8 thread can repair 70
sandals (per 0.040 inch)
Packaging
1 piece of paper bag can
Paper Bag 100 pcs 70.00 0.01 0.70
pack 1 pair of sandals
Total Unit Cost of 1 Pair of Sandals 14.16

 Shoe Patching

Cost per Needed Cost per

Unit of Unit of Proportion Unit of
Patching ASSUMPTION
Measure Measure per Measure
(in Php) repairing (in Php)

1 yard of Leather patch

Leather Tape
1 yard 100.00 0.05 5 can repair 36 pair of
Patch
shoes .
70 meters of leather
Leather Thread 70 meters 70.00 0.02 1.4 thread can repair 137
shoes (per 0.02 inch)
Packaging
100 1 piece of paper bag can
Paper Bag 70 0.01 0.70
peices pack 1 pair of shoes
Total Unit Cost of 1 Pair of Shoes 7.1
 QUEZONIAN EDUCATIONAL COLLEGE, INC.
BUSINESS ADMINISTRATION DEPARTMENT
107

 Bag Patching

Cost per Needed Cost per

Unit of Unit of Proportion Unit of
Patching ASSUMPTION
Measure Measure per Measure
(in Php) repairing (in Php)

Leather Tape 1 yard of Leather patch

1 yard 100.00 0.1 10
Patch can repair 36 bags.
70 meters of leather
Leather Thread 70 meters 70.00 0.04 2.8 thread can repair 70
bags (per 0.04 inch)
Total Unit Cost of Bag Repairing 12.8

Table G.2. Shows the cost of services of One Stop Quick Fix Shop services for
One Year.

UNIT PROJECTED
EQUIVALENT POTENTIAL
SERVICES COST (in COST OF
PERCENTAGE MARKET
PHP.) SERVICES ( in
Php)
MAY, JUNE, SEPTEMBER, OCTOBER (PEAK)
Shoe Repairing 23% 131 14.16 1,854.96
Bag Repairing 19% 108 44.1 4,762.80
Key Duplication 18% 102 20.1 2,050.20
Sandals Repairing 14% 80 14.16 1,132.80
Shoe Patching 13% 74 7.1 525.40
Bag Patching 13% 74 12.8 947.20
TOTAL MONTHLY COST OF GOODS DURING PEAK MONTH Php 11,273.36
TOTAL COST OF GOODS PER 4 PEAK MONTHS Php. 45,093.44
 QUEZONIAN EDUCATIONAL COLLEGE, INC.
BUSINESS ADMINISTRATION DEPARTMENT
108

PROJECTED
UNIT
EQUIVALENT POTENTIAL COST OF
SERVICES COST (in
PERCENTAGE MARKET SERVICES ( in
PHP.)
Php)
JANUARY, FEBRUARY, MARCH, APRIL , JULY, AUGUST, NOVEMBER,
DECEMBER (LEAN)
Shoe Repairing 23% 66 14.16 934.56
Bag Repairing 19% 54 44.1 2,381.40
Key Duplication 18% 51 20.1 1,025.10
Sandals Repairing 14% 40 14.16 566.40
Shoe Patching 13% 37 7.1 262.70
Bag Patching 13% 37 12.8 473.60
TOTAL MONTHLY COST OF GOODS DURING LEAN MONTH Php. 5,643.76
TOTAL COST OF GOODS PER 9 LEAN MONTHS Php. 22, 575.04
TOTAL COST OF GOODS IN YEAR 1 Php. 67,688.48
TOTAL COST OF GOODS IN YEAR 2 Php. 74, 435.33
TOTAL COST OF GOODS IN YEAR 3 Php. 85, 600.63

Assumption:
The total cost of services in year 1 is Php. 67, 688.48, in year 2 is Php. 74, 435.33
and in year 3 the total cost of services is Php. 85, 600.63
 QUEZONIAN EDUCATIONAL COLLEGE, INC.
BUSINESS ADMINISTRATION DEPARTMENT
109

.H. SUMMARY OF OPERATING EXPENSE

Table H.1. Operating Cost Estimated to be incurred by the Proposed One Stop
Quick Fix Shop Business.

AMOUNT TOTAL
OPERATING
PER MONTH AMOUNT PER ASSUMPTION/REMARKS
EXPENSE
(in Php) YEAR (in Php)
Since the proposed business will be
Electricity 800.00 9,600.00 using electricity, the electric bill is
estimated as Php 800.00 per month.
The total estimated water
consumption based on the equipment
Water 150.00 1,500.00 usage and for cleaning the shop will
be Php 150.00 (per month) x 12 =
Php 1, 500.00
TV Cable The estimated TV cable expense per
350.00 4,200.00
Expense month is 350.00.
Communication The estimated cellphone expense per
200.00 2,400.00
Expense month is Php 20.00.
The estimated transportation expense
Transportation
200.00 2,400.00 per month is Php. 200.00 for getting
Expense
the supplies/ materials needed.
The proposed business will expense
for flyers, tarpaulins and radio
advertisement to promote the
business. It will cost an estimated
Advertisement Php 300.00 monthly. The proposed
500.00 6,000.00
and Promotions business also has a kiwi shoe cream
freebies to the customers who want
to repair their shoes. 1 sachet = 1
customer. It will cost an estimated
200.00 monthly.
The estimated monthly expense for
Office supplies 100.00 1,200.00
office supplies is Php 100.00.
For unexpected expenses, the
Miscellaneous
300.00 3,600.00 researcher budgeted an amount of
Expense
Php. 500.00.
TOTAL OPERATING EXPENSE 30, 900.00
 QUEZONIAN EDUCATIONAL COLLEGE, INC.
BUSINESS ADMINISTRATION DEPARTMENT
110

I. WASTE DISPOSAL AND ENVIRONMENTAL CONSIDERATION

The proposed One Stop Quick Fix Shop business will have the following ways of
disposing waste in order in accordance to rules and regulations of Municipality to
help the community and also to become an eco-friendly shop.

 To eliminate plastic which the Local Government Unit of Atimonan

implemented, a Municipal Ordinance entitles “Regulations That
Prohibits the Use and Selling of Plastic Bag, Cellophane or Styrofoam
(Polyethylene) as Packaging for Products Purchased”, encourages the
use of biodegradable packaging for products purchased within the town
of Atimonan , province of Quezon; authored by Maria Aurora Tamayo,
the management will follow the rules and regulations content of the Act.
The proposed One Stop Quick Fix Shop business will use paper bags for
wrapping the repair services except for bags.

 The manager and the cobbler will also wear a face mask to avoid the bad
smell of rugby and other things used in repairing that can affect the
health of the individual in the shop. The management will allow the
people who wait for their services to wear a face mask or cover their
nose using handkerchief for their safety.

 Since the waste is non-biodegradable, there will be one trash bins or

waste container used in the proposed business so it easy for the
Barangay garbage collector to sort the garbage.

 Leather takes approximately 25 to 50 years to biodegrade. Each year,

millions of shoes are thrown in the garbage. So, aside from customer
benefits, shoe repairs are beneficial for the environment as they reduce
waste compared to disposing shoes, which are certainly not
biodegradable. Shoes are very difficult to recycle because they’re often
made of different materials. By using a shoe repair service, were not
only keeping them out of the landfills but also lowering the amount of
resources used to make new shoes. The proposed One Stop Quick Fix
Shop business strongly focus on eco-friendly processes in the daily
operations of the business and make sure that it contribute to saving the
earth.