Chapter 1

PROJECT BACKGROUND

In the year 3000 BC candles have been around which then served as a light to
the people. Years later, candle holders that are made out of clay existed which made
people’s lives more bearable. In line with that, people call these “Candelabras” which are
candle holders made out of gold, silver, brass, copper, iron or crystal. From the early
1800s, the term "candelabra" became common. However, the term has evolved since
then, from the traditional singular 'candelabrum' and plural 'candelabra' to the currently
more usual singular of candelabra and plural candelabras. The silver candle holder
became etiquette to the household at the dinner table that served as designs at the end
of the meal. The name "candelabrum" came from the Latin word "candelabrum," which
means "candle-tree." This is attributed to the candelabrum's various versions which
resemble the branches of a tree spreading out in all directions. Etruria and Rome were
the birthplaces of the candelabrum. Bronze candelabra are commonly found in Etruscan
and Pompeiian ruins. The large and grandiose candelabra used in temples and public
buildings date back to ancient Rome. They were made of bronze or marble and had
triangular pedestals from which rose columnar shafts that were artistically sculpted and
ended in a basin for holding illuminating oil and incense. Italian Renaissance painters
used these as inspiration to create magnificent candelabra in a variety of materials for
altars, churches, and processions. Although electrical fixtures have mostly replaced
candlelight in modern times, the candelabra style remains quite popular. This is
especially true of chandeliers, which are essentially light-filled candelabras dangling from
the ceiling.

Candle holders are becoming more and more modern as years pass by; it comes
with different designs and sizes. During this present time, people utilize candle lights for
emergency, ceremonial purposes, and decorative during celebrations. Additionally,
candle holders provide secure and safe base for candles to avoid accidents. Candles
are a delightful way to add warmth to your house or create a romantic atmosphere at a
party. Lighting a candle also helps to relax and soothe your mind, body, and soul by

1
creating a quiet and comforting ambiance. Candles were once the primary source of
light, but now with the help of candle holders, it became essential as it provides support
to hold candles. There are quite a few reasons why we should always consider having a
candle holder namely, candle holders can change the outlook of your house from simple
looking it is becoming sophisticated. Another advantage of candle holders is that they
prevent hot wax from splattering all over the place that can cause mess.

In a nutshell, candle holders can be called as candelabra or candelabrum. There

are some advantages of purchasing candle holders. Furthermore, they are incredibly
low-cost, and you will not have to spend a lot of money to purchase one. They'll make
the home look lovely and inviting. It is strongly recommended to have candle holders in
every household because it can make the lives easier and more convenient.

Brief Description of the Project

These items are designed to entice newcomers and to beautify homes for special
occasions. Visitor’s attention is drawn to the location and illumination, as well as the
design. During the night, it is also generating a lively and pleasant mood. It is also
recyclable because it is made out of bamboo and you can find bamboo anywhere. This
product is good for businesses because it’s not seasonal. The designs of the proponents
created are unique and can be a good decoration at home specially for people who
loves classic designs. The material of this product is durable and comparable to the
normal candle holders that sell in the market. The purpose of this study is to innovate
existing products into eco-friendly way the proponents want to know if bamboo candle
holder can be on trend because this product is design more on eco-friendly and it is also
designed for good aesthetics to the top of altars and tables this is also good for the
restaurants that has classic themed places.

2
 Chapter 2

MARKET STUDY

Market study is an organized effort to gather information about target markets

and customers: know about them, starting with who they are. It is a very important
component of business strategy and a major factor in maintaining competitiveness. In
our study, it identifies the projected demand of bamboo candle holder and projected
supply of the product. It analyses the activities in a market in regard to such influences
as location, demand, and competition which may or may not affect the product value.
This chapter presents the target market description, demand and supply analysis,
sources of marketing demand, sources of marketing study, 20, and demand and supply
gap analysis.

Target Market Description

The proponents target market are the people who lives around the City of San
Fernando, Pampanga ages 20-65 years old and are those who has potential to be a
target consumer. It aims to know who can be a potential consumer who walks or pass
through the neighborhood.

San Fernando, formally the City of San Fernando, is the capital of the province of
Pampanga and a first-class component city. It lies 66 kilometers (41 miles) north of
Manila, 73 kilometers (45 miles) east of Subic in Zambales, 58 kilometers (36 miles)
south of Tarlac City in Tarlac, and 17 kilometers (11 miles) south of Clark Air Base in
Angeles City, and is the regional center of Central Luzon.

Approximately 66.74 kilometers is the square of San Fernando. The listed target
market with a number of seven (7) places within the barangay are Del Pilar, Del Carmen,
Calulut, Dolores, Maimpis, Magliman, and Sindalan.

3
 The average household size in San Fernando is 4.83, which means that a
household has roughly five (5) persons on average. A family with two (2) living parents
and three (3) children is a common form of home. According to the NSO, the average
household size in the City, was 5.00 in 2003 and 4.96 in 2007. The lowering trend in
average household size is a sign of growing parental responsibility knowledge and
practice.

Distribution of Gender and Age. Males (50.4%) and Females (49.6%) make up
nearly equal proportions of the population. This same distribution may be seen in all
barangays. In 22 barangays, including Northville, males outweigh females to a small
amount. In 14 barangays, however, there are slightly more female than males. However,
the proportional differences between male and female populations are negligible.

The roles that men and women play in society have changed dramatically.
Women in particular, like males, have been "breadwinners" for several decades they
have become active members of the labor force. As a result, it may be assumed that
gender distribution has no effect on productivity compared to the labor force because no
gender, male or female, can be deemed more productive than the other.

These findings contribute to an even more global population, which is currently

an unstoppable global phenomenon. Positively, the increased population of the younger
generation allows the city government to implement initiatives aimed at developing this
generation into responsible and productive citizens.

The competition is fierce since the proponents' competitors are well-known in the
market. With their tenacity, the proponents will do all possible to break into the industry.
The proponents' goal is to not only provide quality to their customers, but also to satisfy
them and provide exceptional service.

4
Analysis Survey Results

Initially, a survey was conducted to know the preference of the target market
about the product. There are one hundred (100) potential consumers who answered the
survey.

Figure 1

Survey Results for Question #1

Do you use candle holder? If yes proceed to the next question.

Choices No. of Respondents

YES 90
NO 10
Total 100

PIE CHART QUESTION NUMBER 1

10%

90%

5
Table shows the results of the proponents’ survey for the question, “Do you candle
holder?” Out of one hundred (100) respondents, ninety respondents are using candle
holder in their own home while ten respondents are not using candle holder. This shows
that the proposed product has the potential in the market because of the large number
who use candle holders

Figure 2

Survey Results for Question #2

Where do you use candle holder?

Choices No. of Respondents

For Occasion 33
For Display 57
Total 90

6
 PIE CHART QUESTION NUMBER 2

33%

57%

Table shows the results of the proponents’ survey for the question, “Where do you use a
candle holder?” Out of ninety (90) respondents, fifty-seven (57) respondents said that
they want to display their candle holder, while thirty-three (33) respondents want to use
the candle holder for special occasions. The proponents should focus more in to their
design because most of their respondents are using the candle holder for display in their
house.

Figure 3
Survey Results for Question #3
Where do you usually buy candle holder?

Choices No. of Respondents

Online 43
Physical Store 47
Total 90

7
Table shows the results of the proponents’ survey for the question, “Where do you
usually buy candle holder?” Out of ninety respondents, forty-three (43) respondents

PIE CHART QUESTION NUMBER 3

52% 48%

usually buy online and the other forty-seven (47) respondents usually buy to the physical
store in San Fernando. In that case the proponents will focus more in their physical
store.

Figure 4
Survey Results for Question #4
How often do you use candle holder?

Choices No. of Respondents

Everyday 12
Once a week 26
Once a month 32

8
 Once a year 20
TOTAL 90

Table shows the results of the proponents’ survey for the question, “How often do you
use candle holder?” Out of sixty-three respondents twelve (12) respondents usually use
candle holder every day. Twenty-six (26) respondents use it once a week, thirty-two (32)
uses it once a month, and lastly twenty (20) respondents for people who use it once a

PIE CHART QUESTION NUMBER 4

20% 12%

25%

32%

year. The proponents must produce a good quality product to prolong its usage because
the respondents are using the candle holder every day, once a week, once a month,
once a year.

Figure 5
Survey Results for Question #5
Have you heard of candle holder made of bamboo?

Choices No. of Respondents

YES 25
NO 65
Total 90
9
 PIE CHART QUESTION NUMBER
5

25%
Table shows the results
of the 65 %
proponents’ survey
for the question “Have
you heard of
candle holder made of bamboo?” Out of ninety (90) respondents, twenty-five (25)
respondents said that they have heard of candle holder, while sixty-five (65) respondents
haven’t heard of candle holder. The proponents must work hard to introduce the candle
holder made of bamboo in the market and to make it popular.

Figure 6
Survey Results for Question #6
How many candle holders do you buy?

10
Choices No. of Respondents

1-10 pieces 50

11-15 pieces 28

16-20 pieces 8

21-30 pieces 4

TOTAL 90

11
 PIE CHART QUESTION NUMBER 6
4
8

28 50

Table shows the results of the proponents’ survey for the question, “How many candle
holder do they buy?” Out of one hundred (90) respondents, fifty (50) respondents want
to buy 1-10 pieces candle holder, 11-15 pieces for twenty-eight respondents (28), eight
(8) respondents for 16-20 pieces and lastly the five (4) respondents for 16-20 pieces.
The proponents shall produce more candle holder because most of their respondents
are buying 1-10 pieces.

Figure 7
Survey Results for Question #7
Are you willing to buy candle holder made of bamboo?

Choices No. of Respondents

YES 80
NO 10
Total 90

12
 PIE CHART QUESTION NUMBER 7
10%

80%

Table shows the results of the proponents’ survey for the question “Are you willing to buy
candle holder made of bamboo?” Out of one ninety (90) respondents, eighty (80)
respondents said that they are willing to buy a bamboo candle holder while ten (10)
respondents are not interested in buying bamboo candle holder.

Figure 8
Survey Results for Question #8
How much would you like to spend on buying a candle holder?

Choices No. of Respondents

100-200 50

201-300 20
13
 301-400 15

401 above 5

TOTAL 90

PIE CHART QUESTION NUMBER 8

6%
17%

56%
22%

Table shows the results of the proponents’ survey for the question, “How much would
you like to spend on buying a candle holder?” Out of ninety (90) respondents fifty-six
(56) respondents are willing to buy a candle holder for a price of Php 100-200. Twenty-
two (22) respondents for a price of Php 201-300, Seventeen (17) respondents buy at the
price of Php 301-400 and lastly Five (5) respondents are those who are willing to pay
with a prince of Php 401 above. Obviously, more people are willing to buy candle holder
with a price of Php 100-200.

14
Demand-Supply Analysis

Demand and supply are vital parts of our economy. Demand is the desire of the
buyer to purchase a product while supply is a product or service that is available in the
market. These two are always intertwine with each other because they gradually affect
the price of products.

Table 1

Projected Supply of the Product in City of San Fernando Pampanga

Year Supply
2021 50,000
2022 52,500
2023 55,125
2024 57,881
2025 60,775
Note: Projected supply increases 5% annually.

Table 2

Projected Demand of Households in City of San Fernando Pampanga

Year Demand
2021 68,272
2022 69,296
2023 70,335
2024 71,390
2025 72,460
Note: The households growth rate of City of San Fernando Pampanga is 1.5% per year.

15
 Table 3

Supply Table of Indirect Competitors

Name of Competitors Supply

Heim Shabby Chic Candle Holder 12,000
Air Wicks Candle Holder 12,000
Light in the Dark 10,000
Taper Candle Holder 9,000
Domus Luciae Religious Store 7,000
Total 50,000

Figure 9
Market Share

11%
21%

13%

16% 21%

18%

Heim Shabby Chic Candle Holder Air Wicks Candle Holder

Light in the Dark Taper Candle Holder
Domus Luciae Religious Store Candelabrum

16
 Table 4
Market Share

Name of Competitors Year Supply (per piece) Market Share

Heim Shabby Chic Candle 12,000 21%
Holder
Air Wicks Candle Holder 12,000 21%
Light in the Dark 10,000 18%
Taper Candle Holder 9,000 16%
Domus Luciae Religious 7,000 13%
Store
Candelabrum 6,000 11%
Total 56,000 100%

Table 5

Demand-Supply Gap Analysis

Year Demand Supply Gap Percent

Unsatisfied
2021 68,272 50,000 18,272 26.76%
2022 69,296 52,500 16,796 24.24%
2023 70,335 55,125 15,210 21.63%
2024 71,390 57,881 13,509 18.92%
2025 72,460 60,775 11,685 12.13%
Demand-Supply=Gap
(Gap/Demand)x100%=Percent Unsatisfied

17
Marketing Program and System

In order to achieve profitable operations, a company must focus more on their

marketing department. Business owners have acknowledged the importance of
publicizing their goods and services. To acquire new customers, retain existing
customers, and please existing customers, companies need the used of marketing.

Current Market Condition:

Candelabrum Candle Holder has a few Competitors:

Location:

Wilcon Depot- City of San Fernando, Pampanga

 Heim Shabby Chic Candle Holder

Ace Hardware – SM City Pampanga, City of San Fernando, Pampanga

 Air Wicks

Handy Man – Robinsons Pampanga, City of San Fernando, Pampanga

 Taper Candle Holder

Domus Luciae Religious Store – San Agustin, City of San Fernando, Pampanga

Home Depot - Brgy. San Jose, Jose Abad Santos Avenue, Ciy of San Fernando, Pampanga

 Light in the Dark

Competitor’s Marketing Strategies

The following is a description of competitive marketing practices that can be used by

proponents as a helping hand for developing their own marketing strategies.

Benefits and Incentives

Competitors give their customers a discount that buy in large quantities and give
them a freebie.
18
Terms and Condition of Sales

Buyer shall purchase the Products and, if applicable, shall pay for the services
provided, from Seller at the Contract Price.

Pricing Strategies

Competitors are lowering their product prices below market to attract customers.
The price is determined by the size and the design of the product.

Channels of Distribution

The competitor’s products are being distributed in a two-way channel level.

Channel 1 uses a 3-level channel of distribution.

End
Producer Wholesaler Retailer
Consumer

Channel 2 uses a 2-level channel of distribution.

Producer Retailer Consumer

Branding and Packaging

The competitors have their own brand name, and they use an eye-catching
packaging that includes the name of the business and their logo.

Promotions and Advertising

Competitors promote their product using social media, flyers, and posters.

19
Transportation and Delivery

Competitors use a trucks and vans to deliver their products to their customers.

Storage Strategy

They have a spare storage if ever they don’t have enough space to their main
storage.

Proposed Marketing Strategies

In building a marketing strategy we must know how to strategize our business in

order to attain the given progress of the business. Strategizing by knowing the 4ps which
is the promotion, place, price and product. Therefore, businesses people acquire and
sustain the biggest strengths of satisfied clients in order achieve success. Marketing
Programs helps the company to gain achievement. The proponents should prepare their
marketing tactics thoroughly, and those that are relevant should be implemented to
maintain a strong market.

Listed below are the strategies that the Bamboo Candle Holder will apply:

Benefit and Incentive

The proponents’ will be providing incentives to the customers such as giving them a
freebie such as umbrella and calendar. Giving incentives will be more likely to adopt the
same values that promotes customer retention that will result to repeating purchases.
The proponents want to establish a customer relationship to gain their trust and loyalty.

Pricing Strategy

The company offers the product at a very reasonable price. The pricing will be
based on the expense of how the candle holder has been made and the proponents will
add a mark-up. It will also be determined by the manufacturing components composing
of materials and labor costs as well as the minor fees. The proponents will be using cost
plus pricing. Based on the survey the product will be sold by 100.00-200.00.

20
CHANNELS OF DISTRIBUTION

The proponents used one-level and zero level channel distribution

Channel 1 used one level channel distributions

Manufacturer Retailer Consumer

The Channel of Distribution for the bamboo candle holder starts with the
manufacturing of bamboo wherein the raw material is converted into a candle holder.
After the manufacturing, the product proceeds to the next stage to where the retailers
receive the product from the manufacturer to sell and offer to the public. The last stage is
the consumers buying the products. The consumers buy the product to consume or use
for a certain reason.

Channel 2 used zero-level distribution

Manufacturer End Consumer

The relationship between the manufacturer and the end consumer is that
without the manufacturer there would not be any available product for the end
consumer to purchase and use. Availability of products rely on the manufacturer

21
 which targets the end consumer. Also, without end consumers, there will be no one
purchasing the products produced by the manufacturer.

Supplier

The Candelabrum Company is being supplied by Res Bamboo Hub which is known
as a sustainable material used in producing its products as well as the Timor Black
Bamboo.

Branding and Packaging

To avoid accidents that could break the candle holder, the proponents will utilize a
single box with bubble wrap inside.

Promotions and Advertising

Candelabrum Candle Holder plans to promote their product via social media platforms
such as Facebook, Instagram and YouTube. To promote the product, the proponents will
set up a stall and design a coupon that will serve as their discount in their purchase.

Front Store Signage

The name will be promoted through the use of wall sign. The name, phone
number, and email address will be displayed on the signage. To entice customers, the
proponents will post a sale sign.

Flyers

Flyers will be distributed to passers-by in the San Fernando area of Pampanga.

The company's name, logo, address, and phone numbers are all included on the flyer.

Market and Research Development

the proponents plan to conduct a year-long survey of customers to learn about

the comments and recommendations made to the company in order to help it better.
Customers' need will be met once a month by the store in order for them to be
completely satisfied with the merchandise.

Market Timing and Scheduling

22
 Candelabrum business will launch anytime of the year. The propose product are
not even seasonal, hence, the cost will be reduce and target market will be enhanced.

Sanitation and Cleanliness

The proponents will clean the store on a regular basis and supply sanitation gear to
the personnel in order to avoid client complaints

Table 6
Projected Sales

Year Demand Unit Price Sales

2021 6,000 300.00 P1,800,000.00
2022 6,300 300.00 1,890,000.00
2023 6,615 300.00 1,984,500.00
2024 6,946 300.00 2,083,800.00
2025 7,293 300.00 P2,187,900.00

23
 Chapter 3

PRODUCTION AND TECHNICAL STUDY

Technical study is one of the most important aspects of feasibility study because it
involves the conversion of inputs into outputs. It primary deals with selection of materials,
product design, manpower, equipment, production space that will meet the demand of the target
market. It also focuses on quality inspection of every product and whether the company meets
the daily production requirement This section will discuss thoroughly the company’s main
product, securing of raw materials and supplies needed for production flow charts to illustrate
the manufacturing process, production schedule and related labour requirements; plant size,
location and layout, machinery, and equipment for daily operations proper waste disposal, and
total production cost.

Product description

The proponents decided to innovate this particular product to offer environmentally

friendly goods to the market. The candle holder is made from bamboo. Bamboo is known for a
tall tropical plant with hard hollow stems. The young shoots of the plant can be eaten and the
stems are used to make furniture. This product is suitable for the people who are into
aesthetics. The appearance of the bamboo candle holder is glossy different various designs
such as carabao, bird, mug and customized. It has warning level on the bottom part. To treat the
bamboo the proponents decided to use boric acid because it is weakly acidic hydrate of boric
oxide with modest antiseptic, antifungal, and antiviral effects. It is also known as hydrogen
borate, boracic acid, and orthoboric acid. It is commonly used as a cleanser, stain remover,
disinfectant, deodorizer, and mold remover in homes.

24
Raw Materials and Supplies

Table 7

Direct Materials

Direct Brand Qua Unit Total

Source
Materials Name ntity Cost Cost
Res Bamboo Hub (Bahay Maker) Del
Pilar City of San Fernando Pampanga
Bamboo - 750 (Timor Black Bamboo Mc Arthur P40.00 P30,000
Highway, City of San Fernando,
Pampanga)

25
 Table 8

Indirect Materials

Indirect Brand
Quantity Source Unit Total Cost
Materials Name

4(1box=12pcs National
Pencil Mongol P15.00 P48.00
) Book Store

Ace
Glue Evo Bond 5 (50g) 120.00 600.00
Hardware

Ace
Paint Brush Polyester 20 60.00 1,200.00
Hardware

Sand Paper - 20 Timo House 16.00 320.00

Ace
Varnish Centro 5 (Litter) 128.00 640.00
Hardware

Boric Acid - 5 (kg) - 150.00 750.00

Tape Ace
- 2 350.00 700.00
Measure Hardware

Ace
Chisel - 4 450.00 1,800.00
Hardware

Total P6,058.00

26
Manufacturing Process

The proponents will use Job Order.

Manufacturing custom or one-of-a-kind products for specific customers is known as job

order production. It's also where products are created one at a time, with each one completed
before the next is started.

In terms of the production scheme to be offered, it is a way of producing items by

accepting individual orders from consumers, determining specifications, and completing
essential logistics, with very few allocations to products or parts. When products are individually
created via a make-to-order production system, which takes the form of high-mix low-volume
manufacturing, this technique is frequently utilized. It's tough to keep the order status consistent
in this instance, and there's a lot of volatility in operation capacity. As a result, not only must the
order quantity be stabilized, engineering be automated, and parts be standardized, but the
factory operating rate must also be improved by focusing on receiving order progress
management and comprehensive delivery-date management.

27
Production Process Design Symbols

In this table, the proponents explain completely the Production Process in doing the
product. The following Production Process Design Symbols are being used:

Preparing of raw materials (25 minutes)

Measuring and Cutting bamboo (20 minutes)

Molding the bamboo for the specific design in

(2 hours) (30 minutes) per batch.

Varnishing and Drying (10 minutes)

Storing of finished goods (10 minutes)

28
Manufacturing Process

Preparing Measuring Cutting

(25 minutes) ( 20 minutes) (20 minutes)

Drying Varnishing Molding ( 2

hours and 30
(10 minutes) (10 minutes) minutes)

29
Plant Size and Production Schedule

It is an important tool for manufacturing, scheduling can minimize production time and
cost by telling the workers when to make the product.

Table 9

Description Time

Preparing of Materials 7:00 – 7:20am

Making Candle Holder 7:20 – 9:40am

Break Time 9:40 – 10:00am

Continuation of Producing 10:00 – 12:00am

Candle Holder

Lunch Break 12:00 – 1:00pm

Preparing New Materials for 1:00 – 1:20

Next Batch of Candle Holder

Making Candle Holder 1:20 – 2:40

Break Time 2:40 – 3:00

Continuation of Producing 3:00 – 400

Candle Holder

The Candelabrum will operate in full capacity on its first five year of operation. The annual
production of Candelabrum will be 6,000.

30
 Table 10

Projected Production Volume

Years of Operation Estimated Production Volume

1st year 6,000

2nd year 6,300

3rd year 6,615

4th year 6,946

5th year 7,293

Note: The proponents assume that the estimated production volume will increase at 5%
annually

Machinery and Equipment

Table 11
Machinery and Equipment

Machinery and Equipment Quantity Source Unit Cost Total Cost

Circular Saw 2 Ace Hardware 5,200.00 10,400.00
Total: 10,400.00

31
Plant Location

The Candelabrum Company is located at San Agustin, City of San Fernando Pampanga
near Walter Mart. The proponents choose this location because the target market is located
near the place and there are a lot of people are passing by the location. There is a big possibility
that can attract more customers.

Plant Layout

The plant layout of the business which will be divided into three (3) The main office,
production room, and stock room. The Physical Store has cashier, display section, comfort
room, waiting area, and inquiries. The sqm of the space is 170.68 sqm.

32
33
Structure

The business will rent a space at San Agustin, City of San Fernando Pampanga. The
space is divided into five (5) parts, production area, administrative office, storage area, store
area, and comfort room. The structure is rented for 96,000.00 per year.

Labor Requirements

to, Salesperson, Cashier, (2) Production worker will be hired. Manager must have basic
knowledge about operation of the business and he must also have knowledge in making candle
holder to guide and supervise the production worker.

Each employee is required to work 8 hours a day and they are given 1 hour lunch break. The
employees will work from 7am-4pm. The Manager Salesperson, Cashier, Production workers
(2) working days will be Monday to Saturday while Sunday is allotted for their day off.

Utilities

The Candelabrum Company will use utilities such as electricity to power lights, machines,
water, and equipment, which will be supplied by San Fernando Electric Light and Power
Corporation (SFELAPCO). Internet for advertisement of the product which will be supplied by
the PLDT and water for cleaning purposes, which will be supplied by the San Fernando Water
District.

Table 12

Note: Utilities are expected to increase 2% yearly.

34
Waste Disposal

Waste Disposal is the most important part of the requirement in sanitation and
cleanliness, composting bamboo is the best way for disposal, Bamboo has high-level silica
content. Silica is well-known for increasing plant drought resistance, increasing photosynthesis
and chlorophyll content, improving tolerance to salt and heavy metals, and increasing yields and
crop quality. According to research, the presence of silica in the soil has an alkalizing effect on
plants and alleviates many stresses. This is why it's found in a variety of fertilizers. Bamboo
culms, branches, leaves, new shoots, and even roots and rhizomes can all be composted.
Cutting and shredding the bamboo can speed up the process of composting bamboo.

Table 13
Direct Materials

Direct Brand Qua Unit Total

Source
Materials Name ntity Cost Cost
Res Bamboo Hub (Bahay Maker) Del
Pilar City of San Fernando Pampanga
Bamboo - 750 (Timor Black Bamboo Mc Arthur P40.00 P30,000
Highway, City of San Fernando,
Pampanga)

35
 Table 14
Indirect Materials

Indirect Brand
Quantity Source Unit Total Cost
Materials Name

4(1box=12pcs National
Pencil Mongol P15.00 P48.00
) Book Store

Ace
Glue Evo Bond 5 (50g) 120.00 600.00
Hardware

Ace
Paint Brush Polyester 20 60.00 1,200.00
Hardware

Sand Paper - 20 Timo House 16.00 320.00

Ace
Varnish Centro 5 (Litter) 128.00 640.00
Hardware

Boric Acid - 5 (kg) - 150.00 750.00

Tape Ace
- 2 350.00 700.00
Measure Hardware

Ace
Chisel - 4 450.00 1,800.00
Hardware

Total P6,058.00

Table 15

Packaging

Description Quantity Unit Cost Source Total Cost

Bubble Wrap (40cm X 100cm) 1 dm_official P920.00 P920.00
Boxes (22.5x17x13) 100 qjoq.ph 12.00 1,200.00
Total P2,120.00

36
 Table 16

Production Furniture

Description Quantity Unit Price Source Total Cost

Long Table 1 P2,999.00 Lazada P 2,999.00
Mono Block 4 90.00 San Fernando 360.00
Chair Public Market
Exhaust Fan 2 1,500 Handy Man 3,000

Total: P 6,359.00

Table 17
List of Office Furniture

Description Quantity Unit Price Source Total Cost

Filing cabinet 1 P1,050.00 San Fernando Public Market P1,050.00
Office Table 1 1,700.00 Lazada 1,700.00
Office Chair 3 1,000.00 Japan Surplus 3,000.00
TOTAL P5,750.00

Table 18
List of Office Tools and Equipment

Description Quantity Unit Price Source Total

Electric Fan 3 P1,350.00 Ace Hardware P4,050.00
Fire Extinguisher 4 1,567.00 Ace Hardware 6,268.00
Fluorescent Light 14 90 Ace Hardware 1,260.00
TOTAL P11,578.00

Table 19
37
 List of Office Supplies

Description Quantity Unit Price Source Total Cost

Brown Envelope 12pcs P3.00 Good Luck Bazaar P36.00
Folder 12pcs 3.00 Good Luck Bazaar 36.00
Bond Paper 1 ream 130.00 Good Luck Bazaar 130.00
Record Book 2pcs 90.00 San Fernando Public Market 180.00
Ballpen 1 box of 12pcs 110.00 Good Luck Bazaar 110.00
Pencil 1 box of 12pcs 46.00 Good Luck Bazaar 46.00
Paper clip 1 box in 25pcs 23.00 Good Luck Bazaar 23.00
Correction tape 3pcs 10.00 Good Luck Bazaar 30.00
Scissors 2pcs 19.00 Good Luck Bazaar 38.00
Stapler 2pcs 50.00 Good Luck Bazaar 100.00
Staple wire 2 boxes 12.00 Good Luck Bazaar 24.00
Calculator 2pcs 100.00 Good Luck Bazaar 200.00
Cash Box 1pc 1,110.00 Good Luck Bazaar 1,110.00
TOTAL P2,063.00

Table 20
List of Janitorial Supplies

Description Quantity Unit Cost Source Total Cost

Hand Soap 48 P30.00 Garbes-Dizon Supermarket P1,440.00
Toilet Paper 200 4.00 San Fernando Public Market 800.00
Broom 2 35.00 San Fernando Public Market 70.00
Dust Pan 1 60.00 San Fernando Public Market 60.00
Doormats 4 30.00 San Fernando Public Market 120.00
Mop 2 100.00 San Fernando Public Market 200.00
Rug 10 10.00 San Fernando Public Market 100.00
Pail 1 30.00 San Fernando Public Market 30.00
Dipper 1 10.00 San Fernando Public Market 10.00
Dishwashing Liquid 12 85.00 San Fernando Public Market 1,020.00
Total: P3,850.00

Table 21
Depreciation tools and Equipment

Description Quantity Unit Cost Total Cost Est. Useful Life Annual Depreciation
Circular Saw 2pcs 5,200.00 10,400.00 3yrs 3,467.00
38
 Total: P3,467.00

Table 22
Total Direct Materials

Direct
Materials 2021 2022 2023 2024 2025
(Bamboo)
Production
6,000 6,300 6,615 6,946 7,293
Volume
Yield per
8 8 8 8 8
Bamboo
Bamboos
750 788 827 868 912
Required:
Cost Per
P40.00 40.00 40.00 40.00 40.00
Bamboo

Total P30,000.00 31,520.00 33,080.00 34,720.00 36,480.00

Table 23
Total Manufacturing Cost

Description 2021 2022 2023 2024 2025

39
 30,00 31,5 33,0 34,7 36,4
Direct materials
0.00 00.00 75.00 30.00 65.00
474,000.0
Labor 488,220 502,865 517,949 533,485
0
13th Month pay 39,500.00 40,685 41,904 43,158 44,450
Pag-ibig premium
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
expense
SSS, EC & PHILHEALTH 73,470.00 73,470.00 73,470.00 73,470.00 73,470.00

Indirect Materials 6,056.00 6,238.00 6,425.00 6,618.00 6,817.00

Manufacturing overhead
Rent 96,000.00 98,880.00 101,846.00 104,901.00 107,958.00
123,010.0 126,700.0
Utilities 130,501.00 134,416 138,448.00
0 0
Depreciation expense 3,467.00 3,467.00 3,467.00 0.00 0.00
Packaging Cost 2,120.00 2,338.00 2,408.00 2,481.00 2,555.00
Amortization leasehold
improvements
Office Supplies 2,063.00 2,125.00 2,189.00 2,254.00 2,392.00
Janitorial Supplies 3,850.00 3,966.00 4,087.00 4,207.00 4,333.00
Total Manufacturing 867,936.0 891,989.0
916,637.00 938,584.00 964,773.00
Cost: 0 0
Table 24
Unit Cost

Unit Cost 2021 2022 2023 2024 2025

Total Manufacturing 867,936. 891,989. 916,637. 938,584. 964,773.
Cost 00 00 00 00 00
Expected Production
Volume 6,000 6,300 6,615 6,946 7,293
Unit Cost 144.66 141.59 138.57 135.13 132.29
Chapter 4

MANAGEMENT AND ORGANIZATION STUDY

40
 The basis of the business is the organization and management. The available resources
allow the business to enhance the success towards the goal. In this chapter it talks about the
organizational structure, capitalization, the management policies, system and strategies.

Type of Organization

The line type structure was chosen by the proponents because it allows for a direct flow
of authority from the highest position to the lowest subordinate. Each member of the
organization has a different set of responsibilities and roles, as well as whom they report to. The
line types have a role in attaining the company’s goals.

Form of Organization

Because of its ease of formation and lack of legal restrictions, the proponents have
chosen to form a Partnership, which is less expensive to arrange. Since more people may
contribute money, property, and industry, more capital is accumulated. It has superior
management as there are more people in charge of running and managing the firm, as well as
dealing with its challenges. Decision-making would be quicker and more flexible, including
collective wisdom.

The business will be registered as a general partnership, according to the proponents.

Because the partners’ obligation extends to their own properties, the partnership’s limitless
liability will provide safety to future creditors, allowing the partnership to extend for financing.
The partnership will be able to obtain more credit as a result of this. The partners’ combined
abilities, expertise, experiences, and resources are a source of partnership strength.

MANAGER

41
 Production
Workers (2)

Cashier Salesperson

Figure 14

The Candelabrum Company Organizational Chart

Job Description

Manager

 Responsible on planning, organizing, directing, and controlling the business operation

42
  Evolving policies and procedures for the different services
 Serves as the Human Resource of the company, responsible for hiring and interview
applicants
 Responsible for the daily deposit of cash receipts remitted by the salesperson
 Facilitate the discharge of duties
 Supervises the production staff and see to it that production standards are followed
properly

Qualification:

 Male or Female

 Age of 18 and above

 With the degree in Bachelor of Science in Business and Administration

 Has an experience for at least 1 year.

 With a good moral character and leadership skills

 Good in verbal and communication skills

Cashier

 Maintains a safe and clean working environment by complying with procedures, rules,
regulations
 Scans goods and collects payments
 Counts money in cash drawers as the beginning and end shifts to ensure that amounts
are correct and that there is adequate change

Qualification:

 Male or Female
 Age of 18 and above
 Trustworthy
 Understand or does basic computational skill
 At least college graduate

Salesperson

43
  Greet Customers
 Provide customers with information about items
 Serves customers by selling products and meeting customer needs

Qualification:

 Male or Female
 Age of 18 and above
 Must be a college graduate with the degree of Bachelor of Science in Business
Administration
 Must be fluent in English and has effective communication skills
 Has a good moral character

Production Workers

 Responsible for the production of a product

 Responsible and inspection of finish product
 Able to multi-task fast paced in the working environment

Qualification:

 Male or Female
 Age of 18 and above
 Must be Trustworthy
 Must be Patient
 Excellent organizational and time management skill
 At least high school graduate
 Has a good moral character
 Have the knowledge about carving

Compensation Package Schedule

Table 25

44
 Yearly Salary

Position Starting Monthly Salary Annual Salary

Manager 41,014.00 492,168.00

Salesperson 14,135.00 169,620.00

Cashier 13,197.00 158,364.00

Production Worker (1) 11,731.00 140,772.00

Production Worker (2) 11,731.00 140,772.00

Total Annual Salary 91,808.00 1,101,696.00

Note: It is assumed that salary will increase by 3% annually.

Table 26
Projected Annual Increase of Salary

Position 2021 2022 2023 2024 2025

Manager 492,168.00 506,933.00 522,140.00 537,804.00 553,938.00

Salesperson 169,620.00 174,708.00 179,949.00 185,347.00 190,907.00

Cashier 158,364.00 163,114.00 168,007.00 173,047.00 178,238.00

Production 140,772.00 144,995.00 149,344.00 153,824.00 158,438.00

Worker (1)
Production 140,772.00 144,995.00 149,344.00 153,824.00 158,438.00
Worker (2)
Total 1,101,696.0 1,134,747.00 1,168,789.00 1,203,853.00 1,239,969.0
0 0

Table 27
th
13 Month Pay
45
 Position 2021 2022 2023 2024 2025

Manager 41,014.00 42,244.00 43,511.00 44,816.00 46,160.00

Salesperson 14,135.00 14,559.00 14,995.00 15,444.00 15,907.00

Cashier 13,197.00 13,592.00 13,999.00 14,418.00 14,850.00

Production 11,731.00 12,082.00 12,444.00 12,817.00 13,201.00

Worker (1)

Production 11,731 12,082 12,444.00 12,817.00 13,201.00

Worker (2)

Total 91,808.00 94,559.00 97,393.00 100,312.00 103,319.00

Table 28
Schedule of Phil Health Employee Contribution
Position Monthly Yearly
Monthly Salary Phil Health Phil Health
Contribution Contribution

Manager 41,014.00 14,354.00 5,023.00

Salesperson 14,135.00 4,947.00 1,731.00

Cashier 13,197.00 4,618.00 1,616.00

Production 11,731.00 4,105.00 1,436.00

Worker (1)

Production 11,731.00 4,105.00 1,436.00

Worker (2)

Total 91,808.00 32,129.00 11,242.00

Note: the monthly contribution rate of Phil Health is 3.5%.

Table 29
Schedule of SSS Employee Contributions

46
 Position Monthly SSS Yearly SSS
Monthly Salary
Contribution Contribution

Manager 41,014.00 4,921.00 590.00

Salesperson 14,135.00 1,696.00 203.00

Cashier 13,197.00 1,583.00 189.00.

Production Worker (1) 11,731.00 1,407.00 168.00

Production Worker (2) 11,731.00 1,407.00 168.00

Total 91,808.00 11,014.00 1,318.00

Note: the monthly contribution rate of SSS is 12%.

Table 30
Schedule of Pag-ibig Employee Contributions
Position Monthly Pag-ibig Yearly Pag-ibig
Monthly Salary
Contribution Contribution

Manager P41,014.00 P100.00 P1,200.00

Salesperson 14,135.00 100.00 1,200.00

Cashier 13,197.00 100.00 1,200.00

Production Worker (1) 11,731.00 100.00 1,200.00

Production Worker (2) 11,731.00 100.00 1,200.00

Total P91,808.00 P500.00 P14,400.00

Note: The monthly contribution monthly of Pag-ibig is 100 pesos.

VISION AND MISSION STATEMENT

47
Vision Statement

Candelabrum Business envisions itself to be one of the well-known candle holder sellers around
San Fernando and a business has a good work place to its employee.
Mission Statement

The Candelabrum mission is to provide high-quality products, render good service, and exceed
satisfaction among its customers, and to offer customized eco-friendly product and sustainable
material.

48
Objectives

Constant Improvement of works, provides the best product, meeting the requirements of the
customers, and has a good relationship to its employee.

Capitalization

In order for a business to succeed and achieve its aims and goals, sufficient funds must be
carried to support and sustain the company’s financial needs. The company’s initial capital
investment is one million pesos (P1, 000,000.00). The partners’ capital contributions are as
follows:

Table 31

NAME OF PARTNERS NATIONALITY CAPITAL CONTRIBUTION

Lim, John Michael Filipino Php 200,000
Lopez, Aaron James V. Filipino Php 200,000
Martin, Patrick John Filipino Php 200,000
Nucup, Connie Pauline S. Filipino Php 200,000
Paras, Remo Filipino Php 200,000
TOTAL Php 1,000,000

49
LOGOGRAM AND LOGO DESCRIPTION

As signified by proponent’s business name “Candelabrum”, the proponents came up to

the idea of Latin word which means candle tree. The proponents used this symbol to represent
the product which is a candle holder. We used the black color to represent darkness while the
gold to represents light.

Management Policies, System and Strategies

General Company Policies

These are agreed and designed by the partners to ensure the smooth operating
procedures of the business. Any violation shall be punished accordingly.

1. Smoking, alcoholic beverage and drugs are strictly prohibited inside the working place.
2. Employees must practice good hygiene.
3. Maintain the cleanliness of the working area.
4. Chatting with co-employees during their duty is not allowed.
5. Telephone and internet should be used for business purposes only.
6. Lunch break from 12pm to 1pm is given to all employees.
50
 7. Every employee is responsible to protect and preserve the company’s properties through
proper use and care.
8. Everyone must have a good attitude and behavior to maintain the good name of the
company.

Selling Policies

1. All transactions must be known by the manager.

2. All transactions must be properly documented and recorded

Production Policies

1. Working hours for production starts from 7am to 4pm.

2. Employees should wear proper uniform.
3. Inventories must be well-checked and supervised by the assigned party.
4. Tools and materials must be organized and properly kept at the end of the day
5. Proper disposal, segregation and reduction of waste must ensure by the workers.

Hiring and Recruitment Policies

Applicants must follow the employment requirements and the hiring and recruitment
process.

Employment Requirements:

1. Curriculum Vitae
2. Barangay Clearance, Police Clearance or NBI Clearance
3. Medical Certificate
4. TIN, SSS, PhilHealth and Pag-ibig No.
5. Certificate of Employment
6. Highschool/College Diploma

51
Hiring and Recruitment Process

Submission of
Selecting and
Announcement of Application form
Screening
Job Vacancy and other
Candidates
requirements

Physical and
Hiring Medical Initial and Final
Interview
Examination

Orientation and
Training

Management Style

The company wants to establish and maintain a harmonious relationship among the
persons within the organization to obtain a smooth flow of operation.

The proponents have decided to apply Douglas McGregor’s Theory Y because it

creates trust-based organizations with empowered employees. The company will have a good
working environment that enables the employees to release their potentials. This management
style implies a more humanistic and supportive approach to managing people.

Departmental Administrative Policies and Function

52
 Headed by the Manager, this department will be in-charge of decision making of the
company. Any necessary formal documents related to business transaction must be approved
by the manager. It will also take charge of conducting monthly meeting, performance evaluation,
distribution of employee’s monthly salary and giving corresponding sanction to the employee
who violates the company’s policies.

Production Department

The company’s production aspect will be taken care of this department. Two (2)
production workers will be responsible for the production proper. Any purchase document will be
prepared by this department. Received materials and finish products must undergo quality
check.

Sales Department

The department head will be the salesperson. Any sales document will be prepared by
this department. Public relation and advertisement will be under the sales department.
Collection of receipts by the delivery man must be surrendered to the salesperson for deposit
purposes.

Administrative Staff Development Programs

The newly hired employees will undergo training before commencement of business
operation. Training is intended to know the flow of the operation and to enhance their skills and
knowledge. It is also a way of teaching how to be effective and efficient employee.

Table 32
Projected Cost of Training

Cost Total

The hour’s manager spends P1,000.00 (per employee) P5,000.00

training new employees. (5hrs)

Training Cost. 1,800.00 (per employee) 9,000.00

Total: P14,000.00

53
Administrative Records and Filling System

Records which are related with every department must be filed. The company will be
using alphabetic filing for easy access of information. Permanent records such as partnership
contracts, organizational structure, permits etc. must be filed in the general administrative
department. Current records like the business documents must be filed with their respective
department. Every department head must review their files every six months to one year to
determine active files from inactive files. Inactive files that are no longer valuable should be
shredded and discarded.

54
 Sample Administrative Forms (Attendance and Time Records)

Candelabrum

Employees’ Logbook

Name: __________________________ Office Hours: ____________________

Month: _________________________

Date Arrival Departure Signature Remarks

55
 Candelabrum
San Agustin,
City of San Fernando, Pampanga
Tel. No. 000-00-00
Tin xxxxxxxx

OFFICIAL RECEIPT

No. 0001

Sold to:_______________________________________ Date:________________________

Address:___________________________________________________________________

Tel #:__________________________

Specification Qty. Unit Price Amount

P P

TOTAL: P

Sample Official Receipt _________________________

Authorized Signature

Candelabrum

56
 APPLICATION FORM

PERSONAL INFORMATION DATE OF APPLICATION: _________

Name:

Last First Middle

Address:

Street Barangay Municipality Zip

Contact No.: _____________

EDUCATIONAL BACKGROUND

Degree School

_________________________ ____________________________

Inclusive Dates Honors Received

__________________________ __________________________

WORK EXPERIENCES:

57
_________________________ ___________________________

Company Position Held

PERSONAL

Age: ___________ Date of Birth: _______________ Civil Status: _______________

Sex: ____________ Religion: ___________________ Citizenship: _______________

___________________________

Applicant’s Signature

58
 Chapter 5

CANDELABRUM
Financial Assumption

1. Sales are 100% cash basis.

2. The Selling price per unit of the product will remain the same through the years.

3. 20% Income tax on business partnership. (Assets less than 100M and Net income
Before Tax less than 5M)

4. Cost of Goods Sold

 The proponents assume that all direct materials will be used in production.
 The proponents assume that all goods entered into production are finished.
 The proponents assume that all inventory produced are sold.

5. Prices of Direct Materials, Indirect materials, Raw Materials, Rent, Utilities, are expected
to increase 3% annually.

6. The Pay Back Period is 1.3 years.

7. In 5 years, the return of investment is 84 percent.

8. 100% of the net income is distributed to each partner’s capital accounts according to the
ratio of their capital contribution.

59
 Table 33

CANDELABRUM

Statement of Comprehensive Income

2021 2022 2023 2024 2025

1,763,280 1,851,44 1,944,01 2,041,29 2,143,26
Net Sales (Supporting Schedule) .00 4.00 6.20 0.48 6.84
Less: Cost of Goods Sold (Supporting 550,894 396,84 409,37 422,31 435,68
Schedule) .00 2.28 5.31 8.77 0.11

Gross Income 1,212,386.00 1,454,601.72 1,534,640.89 1,618,971.71 1,707,586.73

Total Income 1,212,386.00 1,454,601.72 1,534,640.89 1,618,971.71 1,707,586.73

Expenses:
Selling and Administrative
Expenses 1,534,954.00 1,184,684.28 1,220,120.88 1,253,149.86 1,290,812.45

Income before Tax (322,568.00) 269,917.44 314,520.01 365,821.85 416,774.28

Income Tax (64,513.60) 53,983.49 62,904.00 73,164.37 83,354.86

Net Income (258,054.40) 215,933.95 251,616.01 292,657.48 333,419.42

Table 34
60
 Supporting Schedule for Selling and Administrative Expenses

2021 2022 2023 2024 2025

Office and Staff Salaries 1,400,444.00 1,046,088.28 1,077,468.88 1,109,791.86 1,143,084.45

Utilities Expense 123,010.00 126,700.00 130,501.00 134,416.00 138,448.00

Packaging Expense 2,120.00 2,338.00 2,408.00 2,481.00 2,555.00

Office & Store Supplies Expense 2,063.00 2,125.00 2,189.00 2,254.00 2,392.00

Janitorial Supplies Expense 3,850.00 3,966.00 4,087.00 4,207.00 4,333.00

Depreciation Expense (Non-cash

Expense) 3,467.00 3,467.00 3,467.00 - -

TOTAL 1,534,954.00 1,184,684.28 1,220,120.88 1,253,149.86 1,290,812.45

Table 35
61
 Cost of Goods Sold
2021 2022 2023 2024 2025
Direct Raw Materials,
January 1 -

Raw Material Purchases 30,000.00 31,500.00 33,075.00 34,730.00 36,465.00

Direct Raw Materials,
December 31 - - - - -
Raw Materials Used in
Production 30,000.00 31,500.00 33,075.00 34,730.00 36,465.00

Direct Labor 514,838.00 359,104.28 369,875.31 380,970.77 392,398.11

Factory Overhead 6,056.00 6,238.00 6,425.00 6,618.00 6,817.00

Total Manufacturing Cost 550,894.00 396,842.28 409,375.31 422,318.77 435,680.11

Goods in Process, January
1 - - - - -
Goods in Process,
December 31 - - - - -

Cost of Goods Manufactured 550,894.00 396,842.28 409,375.31 422,318.77 435,680.11

Merchandise Inventory,
January 1 - - - - -
Merchandise Inventory,
December 31 - - - - -

Cost of Goods Sold 550,894.00 396,842.28 409,375.31 422,318.77 435,680.11

Note: The proponents assumed that all materials will be used in production. The proponents assumed that all goods entered into
production are finished/completed. The proponents assumed that all inventory produced are sold.

Table 36
62
 CANDELABRUM

Supporting Schedule of Net Sales

2021 2022 2023 2024 2025

1,800,000.0 1,890,000.0 1,984,500.0 2,083,800.0 2,187,900.0

Sales 0 0 0 0 0

Sales Returns and 36,000.0 37,800.0 39,690.0 41,676.0 43,758.0

Allowances 0 0 0 0 0

720.0 756.0 793.8 833.5 875.1

Sales Discounts 0 0 0 2 6

1,763,280.0 1,851,444.0 1,944,016.2 2,041,290.4 2,143,266.8

Net Sales 0 0 0 8 4

TABLE 37

63
 CANDELABRUM

STATEMENT OF CHANGES IN OWNER'S EQUITY

2021 2022 2023 2024 2025

Owner Capital January 1 1,000,000.00 741,945.60 957,879.55 1,209,495.56 1,502,153.04

Net income for the year (258,054.40) 215,933.95 251,616.01 292,657.48 333,419.42

Total 741,945.60 957,879.55 1,209,495.56 1,502,153.04 1,835,572.47

Owner, December 31 741,945.60 957,879.55 1,209,495.56 1,502,153.04 1,835,572.47

Table 38
64
 CANDELABRUM
STATEMENT OF CASH FLOW
2021 2022 2023 2024 2025
Cash flows from operating activities
1,763, 1,851, 1,944, 2,041, 2,14
Cash receipts from customer 280.00 444.00 016.20 290.48 3,266.84

Cash payments to suppliers 167,099.00 172,867.00 178,685.00 184,706.00 191,010.00

Cash payments for taxes (64,513.60) 53,983.49 62,904.00 73,164.37 83,354.86

1,915, 1,405, 1,447, 1,490, 1,53
Cash payments to employees 282.00 192.56 344.19 762.63 5,482.56
Cash flow provided (used) by (254, 219, 255, 292, 33
Operating Activities 587.40) 400.95 083.01 657.48 3,419.42

Cash flow from Investing Activities

Acquisition of Plant, Property, &
Equipment 21,978.00 - - - -
Cash flow provided (used) by
Investing Activities (21,978.00) - - - -

Cash flow from Financing Activities

Cash investment of the owner 1,000,000.00 - - - -

Cash flow provided (used) by
Financing Activities 1,000,000.00 - - - -

Increase in Cash and Cash Equivalent 723,434.60 219,400.95 255,083.01 292,657.48 333,419.42
Add: Cash and Cash Equivalents -
January 1 - 723,434.60 942,835.55 1,197,918.56 1,490,576.04
Cash and Cash Equivalents - December
31 723,434.60 942,835.55 1,197,918.5 1,490,576.04 1,823,995.47

65
 6

Table 39

PAYBACK PERIOD & RETURN OF INVESTMENT

66
 Cash Flow
Period Year Cummulative Cash Flow
Initial Investment Net income ROI
0 -1,000,000.00 -1,000,000.00
1 2021 (258,054.40) -1,258,054.40 -26%
2 2022 215,933.95 -1,042,120.45 22%
3 2023 251,616.01 -790,504.44 25%
4 2024 292,657.48 -497,846.96 29%
5 2025 333,419.42 -164,427.53 33%
84%
Note: Investment is 1,0000,000.00
Pay Back Period 1.3 years

Table 40

CANDELABRUM

67
 Statement of Financial Position

2021 2022 2023 2024 2025

ASSETS

Current Assets
Cash and Cash Equivalent
(Schedule) 723,434.60 942,835.55 1,197,918.56 1,490,576.04 1,823,995.47

Total Current Assets 723,434.60 942,835.55 1,197,918.56 1,490,576.04 1,823,995.47

Non-Current Assets
Property, Plant and
Equipment (Schedule) 18,511.00 15,044.00 11,577.00 11,577.00 11,577.00

Total Noncurrent Assets 18,511.00 15,044.00 11,577.00 11,577.00 11,577.00

Total Assets 741,945.60 957,879.55 1,209,495.56 1,502,153.04 1,835,572.47

Owner Capital, December 31 741,945.60 957,879.55 1,209,495.56 1,502,153.04 1,835,572.47

68
 Chapter 6

SOCIO- ECONOMIC STUDY

Candelabrum Company is a company whose goal is not just to make profit, but also to
help the community and its various sectors, such as:

OWNERS

The business owners can make a profit while putting their unique skills to use in running
the company.

COMMUNITY

By providing work opportunities, the company can assist the community in being able to
lessen the community's jobless rate.

EMPLOYEES

Employees of the company may be paid a salary to meet their basic necessities. They
will also receive employee benefits such as Annual and Holiday bonus. Employees can acquire
the set of skills and experiences that they can apply in the future.

CONSUMERS

The product of the business is not only made to satisfy the needs of the consumers but
to get the exceptional services that only our company can offer.

GOVERNMENT

The government's responsibility is to maintain and ensure justice, to assure continual

progress for its citizens, and to provide for the common good. The proponents' businesses will
pay the government the correct and exact amount of taxes, which will be used to assist the
government in carrying out its function and making our leader plan feasible.

69
ENVIRONMENT

The Candelabrum Company is a business that helps the environment in an eco-friendly

way, by ensuring and producing high quality products to attract the consumers. The business
will also follow the waste disposal by composting the residual bamboo as well as the rules and
guidelines of our company.

SUPPLIER

The Candelabrum Company is being supplied by Res Bamboo Hub and Timor Black
Bamboo which is known as a sustainable material used in producing its products. The Rest
Bamboo Hub and Timor Black Bamboo provides training for its workers in order for them to be
skilled and proficient when using technology to speed up the processing of its materials. In
addition, in compliance with the law specifically its license is obtained over the year which
enables it to operate properly. The guaranteed operation and processing from the suppliers to
the company will result in having healthy value chains, secured operations and happy
customers.

70
 Chapter 7
PROJECT PRE- OPERATION TIME TABLE

GANTT CHART

Duration February March April May June July

in Weeks

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4

ACITVITE
S

Project
Planning
&
Conceptua
lization

Preparatio
n of
Capital
Investmen
t

Negotiatio
n to the
building
owner to
be
rendered

71
Hiring of
Employee
s

Buying the
Materials
&
Equipment
that are
needed in
the
Operation

Advertisin
g the
Business

Training of
Employee
s

Preparatio
n for
Normal
Business
Operation

Normal
Operation

72
REFERENCES

City Information and Communications Technology Office 2021,

https://cityofsanfernando.gov.ph/forvisitors/aboutourcity

Collins, 2021 Bamboo

https://www.collinsdictionary.com/dictionary/english/bamboo

Corporation A, 2020 Job Order Production

https://www.asprova.jp/mrp/glossary/en/cat251/post-782.html

Farlex, 2021 Candelabrum

https://encyclopedia2.thefreedictionary.com/candelabrum

Helmenstine Anne Marie, 2020 How to treat a bamboo

https://bamboou.com/projects/treating-bamboo-in-your-backyard/

Macmillan Dictionary, 2019 Candelabra

https://www.macmillandictionaryblog.com/candelabra

N/A, 2019 Bamboo Botanicals

https://bamboobotanicals.ca/html/bamboo-care/fertilizing-bamboo.html
O’Neill Aaron, 2021 Philippines: Age structure from 2010 to 2020

https://www.statista.com/statistics/578779/age-structure-in-philippines/?
fbclid=IwAR0XPDy7rDrz8jzYKaeaElCIaWSzdkJVwzhRLOqyvrBFU3R0zFl48xLWyeM

Philippine Statistics Authority, 2021 Census of Population and Housing

https://psa.gov.ph/content/2020-census-population-and-housing-2020-cph-population-counts-
declared-official-president?fbclid=IwAR3065x2tTRrRxmETKLy4yDTu-
Vxd_vg4FzqskpI0cWTOxegPANdpyLmj2g
Sabine, 2020
https://thehappybamboo.com/how-to-compost-bamboo/

73