Oregano Candle 1 6

NUEVA ECIJA UNIVERSITY OF SCIENCE AND TECHNOLOGY
PALAYAN OFF-CAMPUS
College of Management & Business Technology, December 2021
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FEASIBILITY STUDY ON MAKING OREGANO OIL CANDLE
Presented to the
Faculty of the College of Management and Business Technology
Nueva Ecija University of Science and Technology
Palayan Off-Campus
In Partial Fulfillment
Of the Requirements for the Degree
Bachelor of Science in Business Administration
Major in Human Resource Management
By:
Feasibility Study Instructor

Palayan Off-Campus Program
December 2023
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CHAPTER 1
SUMMARY OF THE PROJECT
This chapter presents the proposed name of the business, its location, a brief description
of the project, mission and vision, description of the logo, project summary, market feasibility,
technical feasibility, management feasibility, financial feasibility, and socio-economic feasibility.
Name of the Firm
The proposed business name shall be "Oregano Oil Candle". The oregano oil comes from
the extract of oregano leaves and the candle comes from natural wax. The Oregano Oil Candle is
to repel the mosquitos to help diminish the threat of mosquito-transmitted sickness.
Location
The proposed business will be located at Public Market, Brgy. Caimito, Palayan City,
Nueva Ecija. We chose this place because there are crowded people and many potential
customers. The location is enough to propose a business.
Brief Description of the Project Summary
Oregano Oil Candle will be located in Public Market, Brgy. Caimito, Palayan City. The
product function is mosquito repellent and it also can be used as an emergency at home. The
business will use quality raw materials to produce an effective quality product.
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Our product, an oregano oil candle, is something we'd want to promote. The Oregano oil
candle is made with oil extracted from fresh oregano leaves. Our Oregano oil candle is made to
aid those who need of our product due to the threat of dengue that the mosquito spreads.
Mission
Our mission is to elevate the sensory experience of our customers by crafting high-
quality, artisanal candles infused with the natural essence of oregano. We are dedicated to
creating a harmonious blend of wellness and ambiance, where the aromatic properties of oregano
not only delight the senses but also contribute to a serene and balanced environment.
Vision
We envision a world where the soothing and aromatic essence of oregano enriches daily
lives, fostering a sense of well-being and connection with nature
Objectives
To have an alternative solution to prevent kind of diseases that mosquito brings
especially dengue fever and not cause another problem. Make use of the natural resources of our
country to solve common problems caused by mosquitos, especially dengue.
One of the major problems DepEd and DOH have been battling is dengue and other
mosquito-related illnesses. In the Philippines, numerous plants repel mosquitoes including
lemongrass and oregano for their strong scented aroma.

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Description of Logo
This is the logo that symbolizes our product. As you can see the green candle is the color
of herbal oregano. Oregano is the one of scents in our product. Light your world means that
given the light of your darkness, your hope of your life. Help the candlelight to guide your life.
Figure 1. Proposed Business Logo
Project Summary
Market Feasibility
The target market of the proposed project will be the residents of Brgy. Caimito, Palayan
City Nueva Ecija. Based on the survey conducted by the proponents, the total number of the
target market is as follows:

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Table 4
Total Population of the Target Market
BARANGAYS TOTAL POPULATION
ATATE 3, 646
CABALLERO 3, 386
GANADERIA 1, 503
MALATE 2, 150
MARCOS VILLAGE 2, 718
SAPANG BUHO 4, 421
TOTAL 17,824
Technical Feasibility
The ingredients of the proposed product of the business are available in public market of
San Leonardo. Below are the estimated costs of the machines and equipment, furniture and
fixtures, cooking utensils, projected office supplies, general supplies, utilities, and other supplies
used for the operation of the proposed business:
 Machines and Equipment - ₱20,573.00
 Furniture and Fixtures - ₱11,492.00
 Cooking Utensils – ₱3,539.91
 Projected Office Supplies - ₱266.00
 General Supplies - ₱2,598.00
 Utilities - ₱15,600.00
 Other Supplies - ₱936.00

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Management Feasibility
The management feasibility of an oregano candle business involves evaluating the
capabilities and expertise of the team responsible for planning, launching, and running the
busniness.
Financial Feasibility
The total project cost is ₱100,067.98 estimated which will be provided by the owner. The
amount includes the pre-operating expenses and the working capital requirement for the said
project.
Socio – Economic Impact
The oregano candle business must collaborate with local stakeholders, practice
sustainable business methods, and actively engage in community development initiatives.
Additionally, adapting marketing strategies to reflect the cultural context and preferences of the
Philippines can enhance the business's connection with the local community.
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CHAPTER 2
BRIEF BACKGROUND OF THE STUDY
This chapter presents the background of the study and the operational definition
of terms.
Background of the Study
The Oregano Candle is a product that we want to manufacture and commercialize
especially now that many people are concerned about their health. Our product's main purpose is
to be an organic repellent, potentially protecting humans from mosquitoes that can spread dengue
fever. We wish to provide this product to the market to meet the demands of potential customers
who would wish to avoid exposure to the disease vector; effectively providing an alternative
preventive measure for potential customers
According to Dr. Marcela (2014) one of the most dangerous insect in the world is Mosquito. It
can harm plants, food and humans. Origanum vulgare, generally known as Oregano,was a
culinary and medical herb from the mint family (Lamiaceae). It was used for cooking and
medicinal purposes, ranging from treating infections to repelling insects. The chemicals that give
the herb its unique and pleasant smell are thymola white crystalline substance of a pleasant
aromatic odor and strong antiseptic properties, pinene gives many compounds for perfumery,
such as artificial odorants most widely encountered terpenoid in nature and was highly repellant
to insects, limonene was a chemical found in the peels of citrus fruits and in other plants,
carvacrol was present in the essential oil oregano, and caryophyllene it boosts immunity because
of the powerful antioxidant compound.

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According to Govindarajan & Sivakumar (2015)The uncontrollable growth of population of the
mosquitoes nowadays heightened public health awareness. Mosquitoes are vital vectors of
infections and aggravation pests. It stimulate nuisance by their bites. A carriers of severe and
well-known illnesses such as malaria, arboviral encephalitis, dengue fever, chikungunya fever,
West Nile virus, and yellow fever. Their activity was affected by climate, light and temperature.
Furthermore, they are easily available, accessible and affordable therefore usage of traditional
repellent plants should be promoted among the local residents in order to reduce vector-borne
disease prevalence. More recently, the Department of Health (DOH,2017) today approaches
nearby officials and families to heighten mosquito anticipation and control measures at home and
in the group, and to shield themselves from being chomped by mosquitoes, especially in high
hazard zones.
A few plant specialists plant oregano in the garden to repulse nuisances, for example,
mosquitoes, and others assert the fundamental oil was a mosquito repellent. In addition, scientific
proof to help this claim was insufficient, however oregano contains two chemicals with known
anti-agents properties, and in light of the fact that oregano was "generally recognized as safe" by
the U.S Food and Drug Administration (FDA, 2015), it doesn't hurt to test for yourself.
Greenstock and Larrea (2013) also suggest keeping the crops away from traps related with
unsustainable cropping practices. Another belief was that garlic was a powerful anti-agent. It has
a direct anti-agents impact when rubbed on the skin, despite the fact that there are significantly
more compelling anti-agents accessible that likewise have an all the more satisfying scent. The
utilization of garlic nonetheless, has not been appeared to be effective at turning the mosquitoes
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away.Therefore, the use of oregano as a mosquito repellent still don’t have a sufficient evidence
to prove that it can repel mosquito.
Operational Definition of Terms
Antioxidant. A chemical that prevents oxidation -- a chemical reaction that can result in free
radicals and chain reactions that can harm organisms' cells.
Antiseptic. Antimicrobial substances or compounds that are administered to living tissue or skin
to prevent infection, sepsis, and putrefaction.
Aromatic oil. Substances derived from plants. The oils capture the aroma and flavor of the plant,
or its "essence."
Dengue. A mosquito-borne viral infection, found in tropical and sub-tropical climates
worldwide, mostly in urban and semi-urban areas.
Indigestion. Sometimes referred to as dyspepsia or unsettled stomach, is a symptom for various
digestive diseases characterized by abdominal pain or feeling of fullness.
Insecticides. Compounds that are used to kill insects. They include ovicides and larvicides,
which are used to kill insect eggs and larvae.
Metabolism. A physiological process that uses endogenous substances to convert food into a
form that can be used by your body.
Oregano. A member of the Lamiaceae (mint) family. For thousands of years, people have used it
to flavor food and treat health problems.

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Potential Market/Consumer. These are customers you don't have now, but can work to attract.
Repellent. A substance that is able to repel a particular thing (e.g., infectious disease vector)
impervious to a particular substance.

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CHAPTER 3
MARKET STUDY
This chapter presents the respondents, market description, demand, supply, demand and
supply analysis, marketing strategies, product strategies, pricing strategies, place strategies,
channel of distribution, promotions, and marketing budget summary.
Research Methodology
The Respondents
The respondents of the study were the selected household in the Municipality of Palayan
City, Nueva Ecija.
The proponents used Slovin’s formula to identify the total number of respondents
required per barangay to provide accurate results. According to Hotjar Ltd (n.d.), the sample size
needed to attain a specific confidence interval while sampling a population is determined using
Slovin's formula. When you don't have enough knowledge of a population's behavior (or the
distribution of a behavior) to determine the ideal sample size, you can apply this formula.
Slovin’s formula is written as: n= N / (1+Ne2), where: n= the number of samples, N=the total
population, and e=margin of error.
Market Description
The respondents of the study where the selected barangay Atate, Caballero, Ganaderia, Malate,
Marcos Village, Sapang Buho in Palayan City Nueva, Ecija.

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Table 1. Number of Population Ages 15 Years and Above by Barangay 2022
BARANGAYS TOTAL POPULATION NO. OF

RESPONDENTS
ATATE 3, 646 85
CABALLERO 3, 386 72
GANADERIA 1, 503 68
MALATE 2, 150 69
MARCOS VILLAGE 2, 718 57
SAPANG BUHO 4, 421 39
TOTAL 17,824 390
Source: City Civil Registrar Office
Table 1 shows the projected population of Barangay. Atate ,Caballero, Ganaderia,
Malate, Marcos Village, Sapang buho, by 2022 provided by the City Civil Registrar Office in
Palayan City, Nueva Ecija. Total number of selected repondents in the barangay is 390 out of
17,824.
The number of the respondents per barangay were based on the data given by the City
Civil Registrar Office and with the use of Slovin’s Formula.
Project Demand for the Oregano Candle
Table 2. Total Projected Demand for the Oregano Candle
Total number of respondents 100
Less: number of respondents not willing to 20

buy oregano candle
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Total number of respondents willing to 80

buy oregano candle (100/20=80%)
Average number of oregano candle can be

sold per month
Sub-Total
Less: Margin of Error (5%)
Total projected demand
Table 2 shows the total projected demand for oregano candle. According to the
proponent’s survey, the projected demand for oregano candle product is 2736 per month.
The quantity distributions by product are based on the results of a survey, which tallied the
average consumption of oregano candle, and served as the basis for sales projection.
Average Number of Oregano Candle Can Be Sold Per Month
Based on the survey conducted specifically in question 16 of the survey questionnaire, “Gaano
mo kagusto gamitin ang produktong oregano essential oil candle?, the respondents answered
that they can buy everyday/once a week of oregano candle in a month.
Supply
At present, there is no existing business of oregano candle. The proponent believed that the
absence of business engaged in the production of oregano candle would provide an opportunity
to meet the growing demand for the product.

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Demand and Supply Analysis. Demand – Supply Gap
Table 3. Demand - Supply Analysis
Demand figures 2736
Supply figures 0
Gap/ potential market 2736
Table 3 shows the demand-supply analysis. Total projected demand is 2,736 oregano
candle while existing supply is 0. There exist 2,736 pcs of product in demand-supply gap of the
total demand figures.
Market share
Table 4. Projected Market Share of Different Businesses Selected Barangays in Palayan
City
Name of the firm Projected supply no. of Percentage

customer served per month
J&K’s Home 79 8%
Manalo’s Store 85 14%
Jaiden’s Store 178 20%
5 Blessing 269 26%
Flea Market 397 32%
TOTAL 1,008 100%

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Figure 3. Chart
Market Strategies
The proposed business will use the marketing mix also called as 4P’s of marketing to
market the proposed products. According to Yasar (n.d.), the marketing mix, also known as the
4Ps of marketing, refers to the four key elements of a business's marketing strategy: product,
price, place and promotion. By paying attention to these four components, businesses can
maximize the chances of developing and selling products that are recognized by customers and
bought.
The following marketing techniques will be implemented by the proposed business in
order to attract customers:

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Product Strategies
To attract more customers, the proponents came up with the following product strategies:
(1) Oregano Oil Candle will be the first one Insect Repellent for the first time in the market; (2)
Oregano Oil Candle will offer a unique product that comes with health benefits; and (3) The
proposed products will have consistent quality level and preparation and standardization in
process of production will be strictly followed.
Pricing Strategies
The proposed business will adapt the cost-plus pricing. As per Hart (2021), the cost-plus
pricing method is also known as markup pricing. It is a pricing method in which a fixed
percentage is added to the cost of producing one unit of a product. Price will be determined
based on the cost allocated from buying the supplies and ingredients needed for the operation.
Cost plus pricing will be the strategy to arrive at a selling price.
Table 4. Price of Oregano Oil Candle
Price
Name of the Product
1kl 3kls 5kls 1pc
Oregano Oil Candle 1440 4320 7200 60

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Table 4 shows the selling price of the Oregano Oil Candle offered by the proposed
business. The proponents get at their pricing estimates by figuring or calculating all of the
expenses incurred in the production of the products.
Table 5. Unit Cost of the Product
Materials 1kl (24pcs) 3kls (72pcs) 5kls (120pcs)
Glass 260 980 1400
Cotton Wick 50 105 175
Beeswax 200 650 1100
Coloring 100 300 500
Ribbons 70 210 350
Adhesive 30 90 180
Oregano leaves 15 45 90
Fragrance Enhancers 150 550 1150
TOTAL COST 875 2930 4945
Add: Mark - up Price 565(70%) 1390 (70%) 2255 (70%)
SELLING PRICE 1440 4320 7200

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Table 7. Unit Cost of Conversion Cost
Direct Labor
Salaries of Production Staff 90,000
Manufacturing Overhead
Rent 60,000
Utilities 15600
Total 165,600
Annual Production 12,000
Unit Cost of Conversion Cost
Table 8. Selling Price
Total Cost of Production (per unit)
Add: Mark-up of 70 %
Selling price
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Place Strategy
The proposed business will be located in, Public Market, Brgy. Caimito, Palayan City. The
location is accessible to consumers since it is nearby commercial establishments where
consumers buy goods. Figure 3. Direct Channel of Distribution
The product distribution is a strategy on how the product or service will distribute faster
and efficient, and effective distribution is important if the organization is to meet its overall
marketing objective.
The diagram below show how the product will distribute to the buyers and consumer in the
area/location.
Channel of Distribution
Manufacturer
Wholesaler
Retailers
Consumer
Figure 3. Traditional Channel of Distribution

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Promotions
To attract more customers, the following form of advertisement will be implemented:
1. Facebook Page - In our promotional activities we created a Facebook profile page
and our website as part of our promotional efforts, which we will promote using an e-
marketing approach. Our strategy for establishing a brand name in the business world is
to attract potential customers by generating an advertisement that will undoubtedly
capture the attention of market prospects. We will execute a promotional advertisement
via internet connections, which we will put on our Facebook page and our own business
website.
Figure 4. Facebook Page of Oregano Oil Candle
Figure 4 shows the Facebook page that contains details of the proposed business
and products which can be viewed online.

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2. Flyers - this will be distributed to the target consumers to disseminate information about the
products to be offered by the proposed business.
Figure 5. Flyers of Oregano Oil Candle
Figure 5shows the flyers that contain basic information of the proposed business
and products which will be distributed to the target customers.
3. Tarpaulin – this will be placed in Public Market, Brgy. Caimito Palayan City where the
proposed business is located.

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Figure 6. Tarpaulin of Oregano Oil
Candle
Figure 6 shows the tarpaulin that will be
placed on the proposed location which contains
information about the proposed business and its
products.
4. Signage – this will be placed on the proposed location which will be noticeable to the
people passing by.
Figure 5. Signage of Oregano Oil Candle
Figure 7 shows the signage that will be placed on the proposed location noticeable by the
target consumers.
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3.3 Marketing Budget Summary
Table 9. Marketing Budget Summary
Item Qty Unit Unit Cost Total Cost
Tarpaulin 1 Piece ₱320 ₱320
Flyers 50 Piece 2.5 125
Signage 1 Piece 115 115
TOTAL ₱560.00
Table 9 shows the marketing budget incurred in the pre-operating stage amounting to
₱560.00.
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CHAPTER 4
TECHNICAL STUDY
This chapter discussed the product, processes, location, machines and equipment,
furniture and fixtures, supplies, labor requirements utilities and waste disposal required in the
operation of the proposed business.
Description of the Product
The proposed firm aims to produce mosquito repellent and emergency at home products using
quality raw materials. The oregano oil candle is made from fresh oregano leaves. Our oregano
candle is made to help those who require our product due to the mosquito spread. The low cost
materials meet customer's demands.
Product
Figure 8. Product
Figure 8 presents the product of the proposed business.

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Product Preparation Guide
Oregano Oil Candle
Ingredients:
 Soy Wax or Beeswax:
 Oregano Essential Oil
 Cotton Wick
 Candle Glass
 Wick Holder or Adhesive
 Coloring
 Fragrance Enhancers
Procedure:
 Prepare and Cut the cotton wick to the desired length, leaving some extra for trimming
later. If using a wick holder, secure it at the center of the container.
 Melt the soy wax or beeswax using a double boiler or a microwave-safe container.
Follow recommended guidelines for melting wax.

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 Add Oregano Essential Oil once the wax is fully melted, remove it from heat and allow it
to cool slightly. Add the oregano essential oil to the wax, adjusting the quantity based on
your preference.
 Stir the wax thoroughly to ensure an even distribution of the oregano oil. If desired, add
any optional coloring or additional fragrances at this stage.
 Place the prepared wick in the center of the glass, ensuring it stays upright. Use a wick
holder or adhesive if necessary.
 Pour the wax carefully pour the wax into the container, leaving some space at the top.
Ensure that the wick remains centered during this process.
 Cool and trim wick allow the candle to cool and harden completely. Once cooled, trim
the wick to the desired length.
 Curing for a more potent fragrance, consider allowing the candle to cure for a day or two
before burning. This allows the oregano oil to infuse the wax thoroughly.
Figure 9. Preparation of Oregano Oil Candle

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Final Product
4.1 Manufacturing Process
PURCHASING OF RAW MATERIALS
PREPARATION
PRODUCTION
STORAGE
SELLING OF PRODUCTS
COLLECTION OF PAYMENT
Figure 11. Process Flow Chart

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Figure 11 shows the process flow chart by the proposed business which includes the
purchasing of raw materials, preparation, production, storage, selling of products, and collection
of payment.
Description of Process
The following are the description of processes by stage.
Purchasing of Raw Materials – This stage includes the selection of all the ingredients that will
be utilized in the process of making the product.
Preparation – This stage covers the preparation of ingredients as well as the tools and
equipment that will be used in the product making. Sanitation is also included in this stage to
ensure the quality and safety.
Production – The procedure of making banana blossom burger patty and moringa juice will start
immediately after the preparation stage.
Storage – Storing and keeping the finished products in the freezer.
Selling of Products - Disposing the products to the customers.
Collection of Payment – The payment will be collected by the cashier to the customers.
Table 13. Projected Office Supplies
Items Qty Unit Cost Total Cost
Ball pen 1 box ₱80 ₱80

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Calculator 1 pc 100 100
Record Book 1 pc 86 86
Sticker Paper
TOTAL ₱266
4.2 General Supplies
Table 14. General Supplies (Quarterly Use)
Apron 2 ₱95 ₱190
Disposable Facemask 1 box 35 35
Hairnet 2 6 12
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Kitchen Gloves 50 0.25 12.5
White T-shirt 2 200 400
TOTAL ₱649.5 * 4
= ₱2,598
Table 14 shows all the general supplies that will be acquired and used in the operation of
the proposed business whose cost is amounting to ₱649.50.
4.3 Utilities
The following are the sources of electricity and water, and its estimated consumption.
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4.4 Utilities
The following are the sources of electricity and water, and its estimated consumption.
Table 15. Projected Consumption of Utilities and Sources
Items Description Sources Monthly Annual
Electricity NECCO II ₱1000.00 ₱12,000.00
Water PAMANA 300.00 3,600.00
TOTAL ₱1,300.00 ₱15,600.00
Table 15 shows the projected consumption of utilities and sources.
4.5 Waste Disposal
The proposed business will follow the guidelines for waste management, which include
separating biodegradable wastes from non-biodegradable ones. Management of solid wastes
includes several activities including waste generation and prevention, characterization and
monitoring, treatment, handling, reuse, and residual disposal.
Table 16. Other Supplies

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Alcohol/Disinfectant Spray 2 ₱108.00 ₱216.00
Dishwashing Liquid 1 35.00 35.00
Dust Pan 1 45.00 45.00
Floor Mop 1 286.00 286.00
Floor Sweeper 1 189.00 189.00
Trash Can 3 55.00 165.00
TOTAL ₱936.00
Table 16 shows the other materials that will be acquire and used in the operation of the
proposed business whose cost is amounting to ₱936.00.

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CHAPTER 5
MANAGEMENT STUDY
This chapter explains the form of ownership, capitalization, organizational structure
manpower requirements, compensation and benefits organizational policies and procedures and
legal requirements.
5.1 Form of Business Ownership
The Oregano Oil Candle will adopt single or sole proprietorship. It is a form of business
ownership wherein the business is owned and run by an individual. It is one of the simplest and
most common forms of business ownership. The owner chose this because of the organization's
simplicity. To be specific, establishing and operating a business which is owned by only one
person is simple, you’re the boss of your own business, and the owner keep all the profit. In
addition, startup cost is are low and there is only minimal paperworks.
5.2 Capitalization
The initial capital requirement is ₱100,677.94 which will be provided by the owner from
her savings.
5.3 Organizational Chart/Structure
Owner/Manager/Cashier
Production Staff/Cook
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Figure 14. Organizational Chart
5.4 Manpower Requirements
Table 17. Proposed Position/Salary
Position No. Monthly Annual
Owner/Manager/Cashier 1 - 20,000
Production Staff/Cook 1 7,500 90,000
TOTAL ₱110,000
Table 17 shows the proposed position and salary for the labor requirements. The owner
will take responsibility as the manager and cashier of the proposed business. Additionally, the
owner do not have monthly income but she withdraws an amount of 20,000 annually. The
production staff/cook on the other hand will receive 7,500 per month or 90,000 per year. The
employee shall receive his/her salary or wage based on the contract every 15 th and 30th day of the
month.
Table 18. Job Qualification and Job Description
Position Job Qualification Job Description
Manager/Owner/Cashier  A graduate of any  Planning,
business-related organizing, staffing,

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course. directing, and
 Communication skills controlling
that are both verbal  Receive and process
and written. payments from
 Having the ability to customers
read and follow  Collect payments
standard recipes from customers
 Basic math skills  Monitor the areas for
production and
storage
Production Staff/Cook  Cooking experience  Product preparation
and expertise. and production.
 Trustworthy and  Professionalism
reliable when dealing with
 Able to work customers
independently  Keeps equipment
 At least high School operating
Graduate instructions;
 At least 18 years old troubleshooting
breakdowns;
maintaining
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supplies; performing
preventive
maintenance; calling
for repairs
Table 18 shows the job qualifications and job description of the labor requirements.
5.5 Compensation and Benefits
Every 15th and 30th of the month, all employees will be paid in accordance with the terms
of their individual employment contracts. Every 10th and 25th of the month, payroll is cut-off.
5.6 Organizational Policies and Procedures
Discipline is the number one priority for any business or organization in order to achieve
high levels of productivity and efficiency, which will ultimately lead to both organizational and
personal growth. All employees, including the owner, are expected to conduct themselves in an
ethical manner at all times.
5.7 Employment
It is the company’s policy to select applicants based on the following factors:
 Mental ability
 Physical strength and endurance
 Social ability
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 Experience
 Behavior
All qualified applicants who have passed the qualifying examinations, interviews,
medical exams, and background checks will be considered for employment with the company.
5.8 Work Schedule
Work hours must not clash with the firm's statutory vacation and sick days, according to
corporate policy. Everyone in the firm is obligated to adhere to the corporation's eight (8)-hour
working shift, which begins at 1:00 p.m. and finishes at 9:00 p.m., including a one-hour break on
lunch. Also, company gives them separate payment for the overtime per hour.
Employees are required to arrive on time for each scheduled work day or shift in order to
complete all scheduled hours. Employees must notify the owner of the business if they will be
absent from their scheduled shift.
In all cases involving the termination of an employee's service with the company, proper
notice of termination must be made to the employee, subject to the employee fulfilling all
accountabilities. Employees who have been fired are ineligible for reinstatement under corporate
policy.
5.8 Code of Ethics
Hygiene and Sanitation

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The company implements proper employee hygiene and sanitation. Employees are expected
to follow the following policies:
 Wear the appropriate white shirt.
 Wear hairnet, gloves, facemask, and apron
 Wash hands properly, frequently and at the appropriate time.
 Employees should maintain proper self-hygiene, proper haircut and cut fingernails.
 Employees are required to sanitize before entering the workplace.
Notice of Disciplinary Action
Employees are required to uphold the performance and conduct standards established by
the company's owner and to abide by all applicable rules, regulations, and laws. Counseling
and/or disciplinary action may be used to address an employee's behavior when they fail to live
up to the standards set by the company or another competent authority.
Before taking any disciplinary action, the business owner must give the employee oral or
written notice of the allegations against him or her, the reasons why the behavior is unacceptable,
an explanation of the supporting documentation, and a chance to explain the behavior in
question.
Code of Conduct
Without limiting the company's right to amend, modify, revoke, or add to the following
list of offenses, as well as mere attempts to commit such acts, even if unsuccessful, will result in
disciplinary action.
PALAYAN OFF-CAMPUS
____________________________________________________________________
Employees shall face penalties based on the number of violations they commit while on
the employment.
Written Report of Warning (WR) - This is the notice that draws everyone's attention to
the offense and warns the offender against repeating the offense in the future.
Suspension (3D/6D/9D) - A worker is suspended if he/she commits an offense for the
second or third time. He/she will be released from the organization after the specified period of
time without pay.
Termination (TR) - Employee who have committed a major offense will be terminated.
The employee will be dismissed dishonorably from the organization. In addition, employee who
have committed and offense for the third time will also be subject to termination.
5.9 Legal Requirements
In accordance with government rules and regulation, the following requirements will be
secured by the business on Table 19.
Table 20. Permits and Licenses
Permit and Licenses Form Amount
Brgy. Business Permit ₱500.00
Department of Trade and Industry 530.00
Bureau of Internal Revenue 520.00
Cedula/CTC 500.00
Business Permit 4,515.00

PALAYAN OFF-CAMPUS
____________________________________________________________________
Fire and Safety Inspection Certificate 630.00
TOTAL ₱6,565.00
Table 20 shows the permits and licenses to be secured by the proposed business
amounting to ₱6,566.00.
PALAYAN OFF-CAMPUS
____________________________________________________________________
Chapter 6
FINANCIAL STUDY
This chapter presents the total project cost, sources of fund, assumptions underlying
projections, projected financial statements and financial analysis.
6.1 TOTAL PROJECT COST
TOTAL PROJECT COST
Fixed Assets and Capital Investment

Store Machine and Equipment ₱ 33,573.00
Furniture and Fixture 11,492.02
Cooking Utensils 3,057.92
Subtotal 48,122.94
Add: 10% contingency budget 4,812.29
TOTAL 52,935.23
Pre-Operating Expenses
Marketing and Advertising 560.00
Permits and Licenses 7,195.00
Prepaid Rent (1 year) 60,000.00
Store Supplies
Hygiene Purposes 936.00
Selling Purposes 2,864.00
Subtotal 71,555.00
Add: 5 % 3,577.75 8,390.04
TOTAL 75,132.75
Total Project Cost ₱ 128,067.98

PALAYAN OFF-CAMPUS
____________________________________________________________________
Sources of Fund
The total capital requirements will be provided by the owner from her personal savings.
Project Financial Analysis
6.2 Assumptions Underlying Projections
1. Sales will increase 10% per year.
2. Total sales are composed 100 % cash sales
3. The purchased Raw materials per year are assumed to be consumed completely within the year
(making the raw materials-ending to be zero each year)
4. Sales returns and allowances are estimated at 1% of total sales.
5. There is no work-in-process inventory, and finished goods inventory will all be sold the same
year it was made.
6. Raw materials purchases will increase by 10% per year.
7. Permits and licenses, as well as the supplies expenses are assumed to be fixed each year.
8. Utilities expenses will increase by 10% each year.
9. Repair and maintenance will start in year 2. The amount is fixed each year.
11. Depreciation is computed using the straight-line method.
12. Salvage value is estimated at 10% of the acquisition cost.

PALAYAN OFF-CAMPUS
____________________________________________________________________
13. The owner withdraws 20,000 a year from her capital.

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NUEVA ECIJA UNIVERSITY OF SCIENCE AND TECHNOLOGY

FEASIBILITY STUDY ON MAKING OREGANO OIL CANDLE

Feasibility Study Instructor

SUMMARY OF THE PROJECT

technical feasibility, management feasibility, financial feasibility, and socio-economic feasibility.

Name of the Firm

to repel the mosquitos to help diminish the threat of mosquito-transmitted sickness.

customers. The location is enough to propose a business.

Brief Description of the Project Summary

lives, fostering a sense of well-being and connection with nature

To have an alternative solution to prevent kind of diseases that mosquito brings

country to solve common problems caused by mosquitos, especially dengue.

mosquito-related illnesses. In the Philippines, numerous plants repel mosquitoes including

lemongrass and oregano for their strong scented aroma.

Figure 1. Proposed Business Logo

target market is as follows:

used for the operation of the proposed business:

 Machines and Equipment - ₱20,573.00

 Furniture and Fixtures - ₱11,492.00

 Cooking Utensils – ₱3,539.91

 Projected Office Supplies - ₱266.00

 General Supplies - ₱2,598.00

 Other Supplies - ₱936.00

The management feasibility of an oregano candle business involves evaluating the

Socio – Economic Impact

sustainable business methods, and actively engage in community development initiatives.

BRIEF BACKGROUND OF THE STUDY

Background of the Study

The Oregano Candle is a product that we want to manufacture and commercialize

preventive measure for potential customers

of the powerful antioxidant compound.

According to Govindarajan & Sivakumar (2015)The uncontrollable growth of population of the

to prove that it can repel mosquito.

Operational Definition of Terms

radicals and chain reactions that can harm organisms' cells.

to prevent infection, sepsis, and putrefaction.

Dengue. A mosquito-borne viral infection, found in tropical and sub-tropical climates

worldwide, mostly in urban and semi-urban areas.

Indigestion. Sometimes referred to as dyspepsia or unsettled stomach, is a symptom for various

digestive diseases characterized by abdominal pain or feeling of fullness.

which are used to kill insect eggs and larvae.

form that can be used by your body.

to flavor food and treat health problems.

impervious to a particular substance.

channel of distribution, promotions, and marketing budget summary.

City, Nueva Ecija.

population, and e=margin of error.

Marcos Village, Sapang Buho in Palayan City Nueva, Ecija.

Table 1. Number of Population Ages 15 Years and Above by Barangay 2022

BARANGAYS TOTAL POPULATION NO. OF

MARCOS VILLAGE 2, 718 57

SAPANG BUHO 4, 421 39

TOTAL 17,824 390

Source: City Civil Registrar Office

Table 1 shows the projected population of Barangay. Atate ,Caballero, Ganaderia,

Civil Registrar Office and with the use of Slovin’s Formula.

Project Demand for the Oregano Candle

Table 2. Total Projected Demand for the Oregano Candle

Total number of respondents 100

Less: number of respondents not willing to 20

Total number of respondents willing to 80

Average number of oregano candle can be

Less: Margin of Error (5%)