TUNA EMBUTIDO

A Feasibility Study

Presented to

The Faculty of the College of Business Education

Of

Northeastern Mindanao Colleges

Surigao City

In Partial Fulfillment

Of the Requirement for the Degree

Bachelor of Science in Business Administration

JAMES SHANE M. PAMAN

 October 12, 2023

APPROVAL SHEET

In partial fulfillment of the requirements for the degree of BACHELOR OF SCIENCE IN

BUSINESS ADMINISTRATION this feasibility study entitled: “Tuna Embutido” has been

prepared and submitted by: James Shane M. Paman, who are recommended for ORAL

EXAMINATION.

RESEARCH COMMITTEE

TEODOCIO B. TUOZO, CPA, MBA

Chairman

CATHERINE M. PACATANG, MBA JUNAL MAY T. BERMOY, LPT, MBA

Member Member

------------------------------------------------------------

PANEL OF EXAMINERS

Approved by the Committee on Oral Examination with a grade of PASSED.

TEODOCIO B. TUOZO, CPA, MBA

Chairman

CATHERINE M. PACATANG, MBA JUNAL MAY T. BERMOY, LPT, MBA

Member Member

Accepted and approved in partial fulfillment of the requirements for the degree of

BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION.

TEODOCIO B. TUOZO, CPA, MBA

Dean, College of Business Education
 ACKNOWLEDGEMENT

The Feasibility Study has been made possible by the guidance, supervision,

cooperation and participating of the following:

First and foremost, praises and thanks to God, the Almighty, for His showers of

blessings throughout our research and its successful completion.

To the researchers dearest parents for their deep consideration for the finances

and undying support throughout the making to the research study as well as for their

words of encouragements and to all those nights that the researchers spent making then

research feasibility possible.

Researchers would also like to express our deep and sincere gratitude to our

Dean Teodocio B. Tuozo CPA, MBA for giving us opportunity to do research and

providing invaluable guidance throughout this research. Without his help, our research

paper would not be possible.

The researchers would also like to express its deep sincere gratitude to the

research adviser Ma’am Catherine M. Pacatang for providing the researcher’s invaluable

supervision, support, and tutelage during the course of our research study. The

researchers would also like to thank her for her empathy, patience and knowledge that

she imparts unto us. It was a great privilege and honor to work and study under her

guidance.

Researchers would also like to thanks and give appreciation to Ma’am Junal May

Tuozo -Bermoy for her advice, guidance, valuable comments, suggestions, and

provisions that benefited her much in the completion and success of this study.

To the researchers classmates and friends for their cooperation and

assistance.Together, researchers would sincerely acknowledge and give thanks the

persons mentioned above who have brought the success of this feasibility study.
 Through this research paper researchers have learned a lot about opening a

business and the considerations kept in mind while going through its success. It has

helped researchers analyze how business can be achieved and its advantages and

disadvantages. We hope that this research paper will help to those who wanted to start

their own business.

To the Researcher’s Alma Mater, the NORTHEASTERN MINDANAO

COLLEGES for giving the opportunity to be dauntless in conducting this feasibility study

where researchers can apply the trademark of the institution which is, “Knowledge is

power”

And lastly, to all the government agencies who share their resources and efforts

in giving data for the completion of this study.

Thanks to all of you.

DEDICATION

This work is kindheartedly dedicated to those people who supported, guided and

advised us to make this work successful. To our families, friends who encouraged us to

work with all our might. And above all, the Almighty Father, who served as the light in

travelling life’s journey, who gave his love unconditionally and patiently, who settled

everything, without God, we would not reach and realized this venture.
 TABLE OF CONTENTS

Cover Page

Approval Sheet ii

Acknowledgement i

List of Table vi

List of Figure vii

CHAPTER 1 Executive Summary

Introduction

General Objectives 2

Management Feasibility Summary 2

Marketing Feasibility Summary 3

Technical Feasibility Summary 3

Financial Feasibility 4

Socio-Economic Impact Summary 4

Significance of the Study 4

Methodology 4

Scope and Limitations of the Study 5

Conclusion to the Feasibility Study 5

Definition of Term 6

CHAPTER 2 Management Feasibility

Business Organization 7

Organization Structure 8

Business Location 8
 Location Map 9

Sketch Map 9

Management Personal Requirements 10

Personnel Contribution-Employee 11

Personnel Contribution-Employer 11

Regulatory Requirements 11

Barangay Clearance 12

Certificate of Business name Registration 12

Mayor’s Permit 12

BIR 12

Building, Facilities an Equipment Requirements 13

Building Requirements 14

Perspective View 14

Floor Plan 15

Land Requirements 15

Office Furniture and Fixtures Requirements 15

Office Equipment Requirements 16

Office Supply Requirements 16

Projected Office Supply 17

CHAPTER 3 Marketing Feasibility

Marketing Environment 18

Competition 18

Direct Competitor 19

Indirect Competitor 19

Industry 20
 Business Model 21

Marketing and Sales Strategies 21

Channel of Distribution 22

Demand and Supply Analysis 23

Individual Number of Population 23

Demand 24

Supply 24

Demand and Supply Gap 25

Production 26

Market Share 27

Sales Projection 27

Cost Analysis 28

Inventory Costing 29

CHAPTER 4 Technical Feasibility

Product Description 30

Health Benefits 31

Production 32

Ingredients 32

Procedure 32

Production Equipments and Supplies Requirements 33

Production Furniture and Fixtures Requirements 33

Production Equipment Requirements 34

Raw Materials Requirements 35

Projected Cost of Raw Materials Requirements 36

Production Supplies 37
 Utilities Expense 38

Water Consumption 38

Electric Consumption 39

CHAPTER 5 Financial Feasibility

Assumptions 41

Loan Amortizations Schedule 42

Projected Statements of the Cost of Goods Sold 43

Projected Statements of the Income Projections 44

Projected Statements of the Changes in Equity 45

Projected Statements of Cash Flow 46

Projected Statements of Financial Position 47

Financial Statement Analysis 48

Break Even Analysis 49

Common-size Statements of Cost of Goods Sold 50

Common-size Statements of Income Projections 51

Common-size Statements of Changes in Equity 52

Common-size Statements of Financial Position Projections 53

Common-size Statements of Cash Flows Projections 54

Income Tax Computation 55

CHAPTER 6 Socio-Economic Impact Feasibility

Regulations/Environmental Issues 56

Contributions to the Philippine Economy 56

References 57

Annexes
 Computation (demand and supply ) 58

Canvass Form 59

Regulatory 60

DTI Certificate of Business Name Registration 61

Barangay Clearance 62

Mayor’s Permit 63

BIR Forms (2551 or 2550 ) 65

SSS, PHIC, and Pag-ibig Form 66

Curriculum Vitae
 CHAPTER 1

EXECUTIVE SUMMARY

INTRODUCTION

There are many businesses that newly arise in the business society. Some are of

services and some are mostly of foods and beverages. Starting a business. Starting a

business is not that easy as it seems, we have to undergo lots of skills, knowledge and

techniques not to forget that financial aspects that needs proper management to make

the business a successful one. All business mostly competes with other businesses in

giving a high quality of either products or services in order to have greater market and

demand of consumers. Thus, being a businessman the most crucial part in decision

making is to choose a kind of business. Choose a kind of business that has an

assurance that it will last long with proper management and will earn lots of profit.

Tuna is especially abundant in omega 3 fatty acids. They’re brilliant for the body

and are thought to help lower cholesterol, boost brain function and improve eye health.

It’s an excellent source of vitamin B12. Tuna is rich in vitamin B12, a form of B vitamin

responsible for helping the body form new red blood cells.

The high levels of omega-3 fatty acids in tuna fish may help to reduce the level of

omega-6 fatty acids and LDL cholesterol that can accumulate inside the arteries of the

heart. Studies have shown that eating more omega-3 is associated with reduced rates of

cardiovascular disease, including heart attacks. In particular, it is an inexpensive source

of protein. It also keeps for a long time. Some brands can last for 2–5 years in your

pantry. If you are looking to lose weight, canned tuna is a good option because it is low

in calories yet high in protein.

GENERAL OBJECTIVES

 To gather more knowledge and techniques on organizing actual information that

could help construct a successful research.

 To be able to identify the most effective ways in market strategies in producing a

good quality of Tuna Embutido food products.

 To know if the Tuna Embutido food production business is feasible within the locality

of Surigao City.

 To properly manage the business to achieve the goal which to gain more profit and

to make this kind of business last long.

 To know how Tuna Embutido food product effective in terms of marketing to the

local or rural area and in the national markets.

MANAGEMENT FEASIBILITY SUMMARY

This organization is a sole proprietorship form of business, specifically a general of

sole proprietorship. A sole proprietorship is easy to establish. You don’t need to take any

legal steps to form this type of business. If you are the only owner and begin conducting

business, you automatically become a sole proprietorship. There is no need to formally

file paper work or submit anything at the national or local level to be recognized as such.

The advantage of sole proprietorship is you don’t need to separate taxes for your

business. Any profit you make is simply treated as your own income. While the

disadvantage of sole proprietorship is rarely survived if the owner dies or is

incapacitated. An important fact with this business structure is that the owner is left liable
for all obligations of the business, including debt and lawsuits. There is no separation

between the assets of the owner and assets of the business.

MARKETING FEASIBILITY SUMMARY

This part discusses market feasibility. It involves economic analysis, the

demographics of the business and the demand and supply that may impact the

business. It also tells the primary target market, marketing strategies, and program, as

well as the other factors that may effects the demand. At this information will help to

continually sustain the growth of the business.

TECHNICAL FEASIBILITY SUMMARY

A technical feasibility study assesses the details of how to intend to deliver a

product or service to customers. Think materials, labor, transportation, where your

business will be located and the technology that will be necessary to bring all this

together. It’s the logistical or tactical plan on how your business will produce, store,

deliver, ad tract its product or services.

Technical feasibility study is an excellent tool for both troubleshooting and long-

term planning. It can serve as a flowchart on how your products and services evolve and

move through your business to physically reach your market.

FINANCIAL FEASIBILITY SUMMARY

This chapter contains financial projections of the proposed business. These

financial projections will help the management to easily understand and quantity the

potential financial capability of the business. The proponents of the business have a total
capital of 306,903.00 in cash. Statement of assumptions, projected financial statement

and other related financial data are being demonstrated in this part.

SOCIO-ECONOMIC IMPACT SUMMARY

This chapter discusses the socio-economic aspect of the business. This include

the duties and responsibility of the employees, the impact contributions and benefits of

the business to the local people, municipality environment, community and country’s

economy as a while.

SIGNIFICANCE OF THE STUDY

This research is made with aim to provide crucial information and knowledge

regarding to the chosen topic. The findings of this study will redound or contribute to the

benefit of the society and students will be the avenue to apply all knowledge and ability

learned as students and has idea on how to engage in business industry and to earn

more money when the right opportunity comes.

METHODOLOGY

The researcher conducts the study and interviews the respondents through

social media online and some of the necessary inputs are gathered from the internet

specifically how to start the business. Researchers surfing though internet and using

other books as reference and gathering data information’s as the tools used for the

completion of the study.

For the data on the supply and demand the proponents based the demand and

supply and supply projection from the Population of Surigao City..

SCOPE AND LIMTATIONS OF THE STUDY

The objectives of the feasibility study were to first determine the optimal business

model for Tuna Embutido product based on the characteristics and needs of

stakeholders across the local food value chain and then to assess its financial viability as

well as its impact on health equity and economic development, and agree upon if and

how to move forward in the development and launch of these productions. All the store

within the Philippines and those individuals whom into baking will be covered as part of

respondents in Narciso-Magallanes Street, Surigao City, Surigao del Norte.

CONCLUSIONS TO THE FEASIBILITY STUDY

In conducting this feasibility study, the researchers found out that it is difficult in

gathering all ideas that can help them to finish this research. It is not easy to handle but

the researchers pursue to study in order to gain more knowledge about how to start the

business those circumstances they encounter.

As shown in the financial study, this project promises a large profit, employment

generation and booming economy for the locality. Although we encounter difficult

circumstances especially for the financial and group coordination but still we are happy

to finish this feasibility in the help of God.

DEFINITION OF TERMS

Omega-3

atty acids characterized by the presence of a double bond, three atoms away from the

terminal methyl group in their chemical structure.

Omega-6
are a family of polyunsaturated fatty acids that have in common a final carbon-carbon

double bond in the n-6 position, that is, the sixth bond, counting from the methyl end.

Genus Thunus

also called tunny, any of seven species of oceanic fishes, some very large, that

constitute the genus Thunnus and are of great commercial value as food.

CHARTER 6

SOCIO-ECONOMIC FEASIBILITY

All business has the responsibility in their employees, customers, suppliers, and

the general public. The responsibility stresses the implication of business decision on

society that enterprise has a social responsibility to be of help with the need of the

society.

REGULATIONS ENVIRONMENT ISSUES

Due to environmental issue confronting the world today, certain rules and

regulations are formulated for the just the environment but on the people living nearby.

Every business entity must follow what is being stated as rules, and in still in mind their

socio-environment responsibility concerning towards the society. The proponents

acquire the necessary regulatory requirements for the legalization of the business. As to

environmental concerns, since the business is pure organic in nature, the proposed

business is environmental friendly and causes no harm to our nature. There is no

adverse health effect that will affect the people living near where the business situated.

There is no action/ procedures/ processes that will take against the welfare of the

society.

CONTRIBUTIONS TO THE PHILIPPINE ECONOMY

 The contributions of Tuna Embutido as a business to the national economy is

that, it provides opportunities for the people to be employed. It also helps in the

development of the nation as well as the local community through taxes it pays. It also

helps reduce the price of the said product in the market because it brings additional

supply to the current total production of the said product.

REFERENCES

 www.pagibigfund.exampleform.gov.ph

 www.philhealth.examplform.gov.ph

 https://www.sss.exampleform.gov.ph

 https://www.youtube.com/watch?v=31Tv_gScyug

 https://www.mazars.ph/Home/Insights/Tax-Alerts/Income-Tax-Table-for-2023

 https://iloilofoodtrip.blogspot.com/2015/03/canned-tuna-embutido.html
 ANNEXES

MARKET SHARE

Legend: P = Production

PS = Projected Supply

Market Share (2023) = P/PS x 100

= 7,200/31,364 x 100

=29%

Market Share (2024) = P/PS x 100

= 7,560/32,150 x 100

=30%

Market Share (2025) = P/PS x 100

= 7,920/32,943 x 100

=31%

Market Share (2026) = P/PS x 100

= 8,280/33,743 x 100

=32%

Market Share (2027) = P/PS x 100

= 8,640/34,551 x 100

=33%
 COMPUTATION OF DEMAND

Year Individual x 40% = Demand x 2 = Demand in Pack

2023 120,822 40% 35,346 2 70,691

2024 122,949 40% 36,730 2 73,459

2025 125,113 40% 38,114 2 76,228

2026 127,315 40% 39,498 2 78,996

2027 129,555 40% 40,882 2 81,764

 COMPUTATION OF SUPPLY

Year Demand in Pieces x 30% = Supply x 2 = Supply in Pack

2023 70,691 30% 24,164 2 48,329

2024 73,459 30% 24,590 2 49,180

2025 76,228 30% 25,023 2 50,045

2026 76,996 30% 25,463 2 50,926

2027 81,764 30% 25,911 2 51,822

 DEMAND AND SUPPLY GAP

Computation for Demand and Supply Gap

D/S Gap = Demand in Pieces – Supply in Pieces

2023 D/S Gap = 72,493 – 48,329

D/S Gap = 24,164

2024 D/S Gap = 73,769 – 49,180

D/S Gap = 24,590

2025 D/S Gap = 75,068 – 50,045

D/S Gap = 25,023

2026 D/S Gap = 76,389 – 50,926

D/S Gap = 25,463

2027 D/S Gap = 77,733 – 51,822

D/S Gap = 25,911

CANVASS FORM
 REGULATORY REQUIREMENTS

Barangay Clearance
Mayor’s Business Permit
BIR Certificate of Registration
DTI Certificate of Business Name Registration
EMPLOYEE AND EMPLOYER CONTRIBUTION
Social Security System
PhilHealth
PagIbig

CURRICULUM VITAE