CHPTR 1-6

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A. NAME OF THE ENTERPRISE
The name of the entity is “Eco-Light Co.” The business name is derived from
the eco-friendly chandelier, which signifies an environmentally green product wherein
the firm focuses on providing a sustainable, eco-friendly product chandelier
that highlights and boosts Filipino cultural creativity and ingenuity.
Eco-light Co was a partnership business structure, each share ownership and
managed the entity with specific primary duties. There's a legal duty of individual personal
liability for partnership obligations to improve one's efficiency and effectiveness.
This type of form of business is suitable for start-ups, and small business wherein
simple to establish and run. The proposed business under partnership comprises four (4)
partners who will contribute capital, skills, knowledge, and property and divide the profits
among themselves.
B. LOCATION
The proposed project will be located at Purok 5 Gov Panotes Ave. Daet,
Camarines Norte, alongside the road and near Daet Market. The business is ideal for
establishing the most desirable location to attract customers. And as well as improve the
state of the low-income of the municipality sector by enhancing community capacity to
address poverty issues.
DESCRIPTIVE DEFINITION OF THE PROJECT

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Eco-light. co aims to find ways to create a greener home by
providing green chandeliers that are sustainable, safe for the environment, and
suitable for any homeowner with a touch of native Filipino style.
The Eco-Chandelier is constructed entirely from upcycled,
native, and compostable concepts by transforming raw materials into eco-friendly
products. The eco-light believes that business is responsible for positively
impacting people, the planet, and profit and modeling positive change in our
communities.
D. VISION AND MISSION
Mission: Eco Light Corporation strictly adequately observes the manufacturing of
the products to become more sustainable with every move the organization makes and
every product to sell. A socially conscious business with a mission to reduce and reverse
the harmful impact of waste. As the Eco-Light co-work to build a more sustainable future,
we hope to influence other businesses to follow suit. The goal is to achieve and inspire
sustainability, reuse, or recycling with every product we distribute.
Vision:
Eco-Light Co is firmly dedicated to the improvements of the environmental that
foster a sustainable future and lead to social and economic progress in the community
business conducted.
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E. PROJECT'S LONG -RANGE OBJECTIVES
The project aims to achieve the goals and objectives of conducting the business
to ensure that the product will maintain its high forecast in the long run.
Eco-Light Co. Goals and Objectives:
• Improve Customer retention
• Enhance production
• Promotes Green product
• Transform the community into a green community
• To gain profit by creating a high-quality product
• To improve the interior design of the household
• To provide job employment
• To reduce poverty and inequality by generating employment among poor
households
• To minimize waste disposal
• To increase awareness among consumers
• To support Local farmers and improve the economy
E. Feasibility Criteria
G. HIGHLIGHTS OF THE PROJECT

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Name of the Business: Eco-Light Co.
Location: Purok 5 Gov Panotes Ave.
Daet, Camarines Norte.
Proponents: Pajarin, Maria Abegail P.
Rosales, Shekinah Rose E.
Fulgencio, Mary Joy A.
Yanesa, Rubie C.
Form of Business Organization: Partnership
Return on Investment: 56.87%
Payback Period: 1year, 4 months and 10 days
Actual Operation: January 2023
Total Project Cost: 354,807.81

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Financing Source: Partnership Contribution
History
Manufacturing development is an essential indicator of overall economic growth.
The concept of the project began when the proponents tried to come up with a business
product with no environmental impact. Chandelier in furniture shop is quite expensive and
often avail by minimum wages and High-income people. The business group decided to
create a product, an eco-friendly chandelier so that all classes in society could equally
avail and benefit from the product. From the research conducted, there’s no eco-friendly
chandelier within the Daet, Camarines Norte, so the proponents pursue the idea of the
product to provide a sustainable chandelier product at a reasonable cost. Producing an
eco-friendly chandelier minimizes the usage of waste that is harmful to the environment.
Consumers become more aware of the product they consume, which lead to becoming
more responsible for the environment. The proponents assured that the product is of good
quality and durability and showcases the Filipino cultural native touch. In line with this the
proponents could provide a job employment within Daet, Camarines Norte.
Financing Mode
The source of funds of the entity will be equal contribution equity of
each member .
Project Timetable and Status

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The project will take eight (8) months to complete. This include a feasibility study,
presentation and approval, business site location, completion area, filing a legal
documents, equipment procurement and employee hiring and training.
H. Major Assumptions and Summary of Findings and Conclusion
1.Market Feasibility
The market feasibility study findings show that Daet, Camarines Norte's household
rate increases annually by 1.02%. From 2022 to 2027, the projected demand is 78% of
household will acquire conventional chandeliers while 85% of the household are willing to
acquire the sustainable eco-chandelier chandelier with an annual average availment of six
(6). The data is obtained from the Daet, Camarines Norte survey conducted.
The projected supply of the competitors (furniture shop) increases annually of 9%
based on the data obtained by the proponent. The production capacity of the proposed
business is 432 productions annually from 2023 to 2027. The production capacity is
increasing by 9% annually.
Concluded that the consumption and demand for the product increase annually.
The entity also increases the production capacity to fill the consumer's needs wherein
leads to increase business profit and organizational growth.
2,Technical feasibility
The technical feasibility of the study indicated the equipment, machinery, and
supplies of the business and the cost of monthly and annual wherein needed in business
operations and productions of the entity. The employee's salary and benefits are indicated
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in Tables 2.23 and 2.24, stating the compensation and benefits of every employee and
the number of benefits the organizations will receive.
The technical study also indicates the entity employee working schedule from 9:00
to 5:00 in the afternoon. The policy implemented by the organization's management must
be adhered to by all the employees. The policy states and indicates the entity's rules and
regulations that serve as guidelines for the entity.
Concluded the technical feasibility study, the production process is one of
the most critical processes within manufacturing technical feasibility. Ensures all
necessary to complete before a production cycle begins so that it can run smoothly. The
production process involves allocating resources effectively, so everything is in place for
each production stage.
3.Financial Feasibility
The findings of the financial feasibility the source of financing will be raised
through the equal partnership contribution of the proponents. The payback period is
assumed to be return the entire investment within one (1) year, fours (4) and ten (10) days.
Conclusions the results that the proposed business has a 56.87% potential
return from the investment.
4. Socio-Economic Feasibility
The findings of the Socio-Economic Feasibility show the significant
benefits of the Sustainable Eco-Chandeliers within Economic, Environment, Government
Employees, and society. The eco-chandeliers contribute to the country's economic
performance by bringing new products, methods, and production processes to the market,
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boosting productivity, improving health, and growing competition, more broadly.
Government by providing local employment and having a dynamic business community.
In terms of the Environment, the firm advocates ecological restoration, awareness of
environmental issues, and conservation of natural resources. Employees by
providing with regular continuing education programs that will enhance their knowledge
and skills. Lastly, society businesses will provide for the needs of the members and clients
by providing a quality product.
Conclusions The Sustainable Eco-Chandelier contributes to the economy,
government, Environment, employees, and society by providing innovation, improving
people's lifestyles, creating new job opportunities, and creating a green community.
5. Management Feasibility
The findings of the management feasibility study, chapter 6, indicate the
organizational chart of the proposed business and the structure of the employees.
The form of the organization is a partnership for startup and a small business it’s
easy to establish and run.
The management leadership styles are indicated within the chapter 6 with
a blend of task-oriented and people-oriented leaders. The Job description and
qualifications are indicated in management feasibility wherein indicates the
employee job description and qualifications that must to meets. The plan for
managing growth and development continuously develops a planning cycle to
enhance and improve the management for the health and growth of business
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Conclusions, Management is essential within the organization; it’s achieving its
goal and objectives of the entity. The key to business success is starting once the
Management grows and develops.

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Market Description
Transparency” is evident in many traditional Filipino designs. The permeability and
lightness in our sense of aesthetics evolved from the rise of the minimalist trend.
Eco-Light Corporation is focusing on providing sustainable light. The business will
introduced and offer a green product of chandelier with the advocacy to transform a
community into a green community with the aims of environmental restoration and
changes. The eco-light chandelier styles reflect a translucency of partitions, spaciousness,
airiness, and natural light, which will bring a touch of the Filipino interior. The design is
nostalgic in its ideals, warm in its disposition, and resourceful in its execution, s distinct
design elements of Filipino décor style. This green product will offer and presented to the
members of Daet, Camarines Norte. According to PSA, the household rate is 1.02%.
Profile of Customers
The proposed business, Eco-Light Corporation, will be offered to the members,
public, and households of Daet, Camarines Norte for those who seek to avail the eco-
friendly chandelier that lit the ambiance and illuminate space, offices, restaurants, stores,
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and other commercial establishments into a warm, elegant, and well-lighted haven while
being gentle and supportive of the environment. Therefore, the proponents aim to target
the wholesalers in Daet, Camarines Norte. In line, with the products cost the firm considers
all types of classes in society to equally avail the eco-friendly chandelier that brings a
benefit and satisfies all consumers.
Geographical Location
The business considerably marketing the proposed green products of chandelier
is within Daet, Camarines Norte Gov Panotes Avenue, which will open up chandelier
shops to accommodate the customers' inquiries, to take and to place the customers'
preference orders. The production location will be manufactured in the same
establishment, giving the residents livelihood of the municipality seek to grow the firm and
improve the state of the low income of the municipality sector, enhancing community
capacity to address the poverty issues.
A. Demand Analysis
Table 1
Historical Household Population
2017-2022
Municipality of Daet, Camarines Norte

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Year Total Number of Household
2017 36,784
2018 37,413
2019 38,053
2020 38,703
2021 39,477
Source: Municipality of Daet
Table 1 shows the number of households in Daet, Camarines Norte, from 2017 to
2021 according to the municipality of Daet, Camarines Norte. Households increase by
1.02% annually,
Table 1.2
Projected Population
2023-2027
Municipality of Daet, Camarines Norte
Year Number of Household
2023 40,723
2024 41,407
2025 42,102
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2026 42,809
2027 43,665
Source: Municipality of Daet
Table 1.2 shows the population projection in Daet, Camarines Norte, for the next
five years. This data is projected and provided by the Municipality of Daet.
Table 1.3
Historical Demand
Average Total Annual
Year Total Number 78% who avail Annual Demand
of Household Chandelier Product Availed
2017 36,784 28,691 5 143,455
2018 37,413 29,182 5 145,910
2019 38,053 29,681 5 148,405
2020 38,703 30,188 5 150,940

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2021 39,477 30,792 5 153,960
Source: Survey Conducted
Table 1.3 shows the historical population for the demand of Chandelier from 2017
to 2021. The data obtain from the proponents survey questionnaire conducted. The annual
average in the target market; which offers that out of 100 respondents, 78% of the
households will buy or avail of Chandelier products within Daet, Camarines Norte. The
average annual availment is 5.
Table 1.4
Projected Demand
Year Total Number 78% avail Average Total Annual
of Household Chandelier annual availed Demand
products
2023 40,723 31,764 5 158,820
2024 41,407 32,297 5 161,485
2025 42,102 32,840 5 164,200
2026 42,809 33,391 5 166,955
2027 43,665 34,059 5 170,295

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Table 1.4 shows the projected demand for chandelier products from 2023 to
2027 for the target market of the proposed business.
Table 1.5
Projected Demand of Chandelier Products
Year 78% of the 85% will avail Annual Total Demand
Household the Chandelier Average for the year
Products Availment
2023 31,764 26,999 6 161,994
27,452 164,712
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2024 32,297 6
2025 32,840 27,914 6 167,484
2026 33,391 28,382 6 170,292
2027 34,059 28,950 6 173,700
Table 5 shows the projected demand of Eco-Light Chandelier for the year 2022-
2026. Based on the survey conducted, 78% of the of the respondents are willing to avail
the service of Chandelier at an average annual availment of 6.
C. Supply Analysis
Table 1.6
List of Competitors
Competitors Annual Sales
Ilaw at Ibp 60
Your Home 120
HP Furniture’s Shop 240
SM Furniture’s Shop 72
Total 492
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Source: Furniture Shops Interview
Table 1.66 indicates the list of competitors of the proposed business and the
product sales provided annually.
Table 1.7
Historical Supply
Year Percentage Increase Total Supply Per Year
2017 9% 321
2018 9% 336
2019 9% 371
2020 9% 407
2021 9% 448
2022 9% 492
Table 1.7 shows the historical supply of furniture shops from 2017 to 2021. The
increase of 9% annually is based on the interview conducted with the three competitors,
9% respectively.
Table 1.8
Projected Supply
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Year Percentage Increase Total Supply Per Year
2023 9% 536
2024 9% 585
2025 9% 637
2026 9% 694
2027 9% 757
Table 1.8 shows the projected supply of chandeliers from 2022 to 2026 within Daet,
Camarines Norte.
D. Demand and Supply Analysis
Table 1.9
Gap Market Share

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Year Total Total Gap Production Market
Demand Supply Capacity Share
2023 286,693 536 286,108 432 0.15
2024 291,500 585 290,915 471 0.16
2025 296,395 637 295,757 513 0.17
2026 301,378 694 300,683 579 0.19
2027 307,406 757 306,648 631 0.20
Table 1.9 indicates the total demand, supply, gap, and market share. The gap is
calculated by subtracting the total supply from the total demand. The market share is
computed by dividing the Production Capacity by the demand gap and multiplying by 100
to get the percentage of the market share. Product capacity is based on the customer’s
demand, expected to increase by 20% annually.
E. Price Study
The Business will apply the cost-plus pricing strategy to determine the selling price.
It will cover the product's total unit cost and add a fixed markup rate. It was way good
method implemented in the long term.

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The proponents will figure it out and comprehend the production costs, such as
material machinery, labor, utilities, and warehouse, and then the firm will add the markup
price to the production cost to gain profit. Furthermore, the Eco-Light Business will require
an additional fee for the shipping and packaging of the goods, which is reusable and
environmentally friendly. The pricing is as follows.
F. Factors Affecting the Market
These factors affect the market for purchasing Eco-Friendly Chandeliers for several
reasons.
• Price- The chandelier purchasing cost is commonly a pretty expensive one.
Households with lower incomes can strive to purchase. People with higher
incomes and minimum wages can often avail of the products.
The idea of the cost of purchasing chandeliers would affect consumers to
avail of eco-light chandeliers due to the price perception of the products.
• Income- Filipinos were suffering from poverty due to the impact of covid-19 that
affected the household's income. Most people might prefer a usual light fixture as
a light source in their space due to their tight income.
• Customers Preference - Customers have different perspectives when acquiring
goods, such as Personal Factors, Attitudes, Beliefs, Perceptions, and inclinations
toward a product. Therefore, the clients might prefer to avail of the usual
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conventional chandelier often purchased in a furniture shop rather than into eco-
friendly chandelier.
• Durability – Misconception by most people that the corporation producing a
green product only focuses on the environmental benefits, not on the quality of goods, and
the life span will take short term since it constructs from raw materials out of recyclable
materials.
• Lack of Awareness- People would have no idea that there is a green product of
chandelier that is constructible from upcycled and native materials.
• Quality – The idea of the eco-chandelier, since it is new in the eye of people
and the market, will eventually conclude that it will not properly operate correctly
and need a broader study before to produce.
• Government Policy - Government can influence interest rates. A rise in which
increase interest rate lead to businesses increase the product cost and a higher
rate can lead to decreased consumer spending.
• Inflation - If the cost rises due to inflation, it will lead to lower levels of consumer
spending. People would only buy fewer goods and services.

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G. Marketing Program
Target Market
The target market of the proposed business within the town of Daet, Camarines
Norte. Eco-Light Company will extends its target market to Bicol Region such as Naga,
Albay, Legazpi , Camarines Sur and as well as the company are planning to expand the
products within Local Country once it growth, financial stability and became establish and
well known.
Marketing Strategy Service
Product
Eco-Light Corporation is the new innovation of chandeliers with the purpose of
advocating an environmentally friendly products which is the company will produce a
chandelier entirely from upcycles, natives and recyclables raw materials to create a eco-
friendly chandelier which will serve as a light provider hang in spaces at every home,
offices or business a good quality green product at a reasonable prices ranges. The
corporation believe that the businesses must support sustainability development to protect
the world humanity living. Each chandeliers products produce from the firms symbolizes
and promote an environmental changes and restoration.
Place
The target placement of the proponents will located at Daet Camarines Norte Gov
Panotes Ave alongside of the road and walking distance from Centro Supermarket. The
Establishment of the eco-light chandelier are 64 sqaure meters which will be the shop of
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the firm snd production area . Moreover the proponents will be distributors to different
shops in malls and supermarkets.
People
Employees and Workers must be skilled, physically fit, and hardworking
committed to the jobs., The General Manager must be good in public relations, at least
had managerial experience, and have good leadership skills to manage the business
effectively and efficiently.
Pricing
From the survey conducted, eco-Light Chandelier has no direct competitors in the
town of Daet,Camarines norte, no business or furnitures shops offers the chandelier
constructed from recyclables , upcycles and native raw materials. Usual furnitures shops
commonly sells a chandelier manufactured and imported abroad which tend to be more
expensive. The ideal range price of eco-light chandeliers will be based on the cost of the
raw materials used and then also based on different variatiation of chandeliers styles and
design offered and produce at the market since it manufactured from eco-friendly raw
materials the price range are inexpensive compare to conventional chandelier products,
By all classified people can avail the green products.

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Figure 1.1
Eco-Light Chandelier Logo
Figure 1 depicts the Corporation logo of the Eco-Light chandelier.
Chandelier the French meaning white, glisten." Look up at a chandelier and you'll
see it glistening and casting white reflections on the walls. The Eco-light chandelier logo
signifies the sustainability light green products that raise awareness and support
sustainability development through producing a goods a green product that manufactured
from free-toxic raw materials and eco-friendly process that aids and reducing waste by
maximizing resources efficiency. The colour green represents advocacy of the proposed
green product support environmental changes and restoration. The firm business
chandelier in logo not only represents as a light source at every space but serves as light
and hope for the future.
Promotion
The Filipino consumers are keen knowledge of the products and services that are
being offered .To be effectively recognize the proposed green product in the market the
entity will promote the products by launching via a digital marketing a social media and
traditional marketing such as Facebook Page, Instagram Account, Flyers and Business
Card with the help of posting content on social media and printing a graphical information
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by giving to random people through this advertising the products helps to engage and
attract the people to be effectively promote the entity,
Figure 1.2
Digital Promotion
• Facebook Page
Building a Facebook page for the business is a great way to engage with
current and potential customers. It allows the firm attract and engage specific
audiences and advertise to people in a cost-efficient way. The management will
create a facebook page to reach and communicate to community of the facebook
users . Information regarding of the business indicates on the pages such as
business hours, phone number , email and location.
Message button allows people to initiate private conversations regarding of the
inquiry and question about the business.

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Figure 1.3
Facebook Page
Figure 1.3 shows the Facebook page of the proposed business
• Instagram
Creating Instagram for business can drive brand awareness, boost sales,
and build and track audience engagement. It’s an excellent way gain and find
customers where most people spending time on Instagram. Creating a Ig account is
one way of the business promote and engage the community Instagram users wherein
can provide valuable audience insights to use with all marketing plan strategies.
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Figure 1.4
Instagram Account
Figure 1.4 shows the Instagram Account of the proposed business
• Flyers
Flyers can help business to create a powerful first impression boost sales,
connect with new prospects, and have prospective customers to have an insight
about brand and services. The proponents will create a Flyers that will distribute
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and giving out to random people wherein information and details are printed within
the flyers.
Figure 1.5
Flyers
Figure 1.5 shows the Flyers of the proposed business
• Business Card
The business card represents the company's brand. The proponents will
create a Business card wherein convey important personal contact information
such as business brand, email, website, address and phone number.

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Figure 1.6
Flyers
Figure 1.6 shows the business card of the proposed business
• Partaking with the Government Program with Department of Environment
and Natural Resources (DENR) and Department of Labor and Employment
(DOLE)
Eco-Light Business will be taking part in some government activities such
as trade fairs, Environment Symposium and Livelihood Program. Trade fairs is
such a great privilege for business to attend that benefits the business by boosting
sales, increasing brand awareness, presenting networking opportunities, and
giving the chance to learn more about the industry conduct business in.
Environment Program will also be participated by the firm will be taking in every
community will provide an opportunity for members of the community to interact
with the regulatory agencies responsible for developing and implementing
environmental policy. Lastly the Livelihood Program with the aims of reduce
poverty and inequality by generating employment among poor households and by
moving highly vulnerable households into sustainable livelihoods.Taking
participate into a government program both sectors partners work collectively to

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create better conditions for economic growth, environment restoration and
employmentt development.
Channels of Distribution
Eco-Light Chandelier Customer
Figure 1.7
Distribution Channel
A direct channel of distribution will be used in the business without middleman
wherein the corporation manufacturer is selling directly the product directly to the
customers without the help or intermediaries. In this kind of distribution channel, the
customers will be directly connected to the entity.

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CHAPTER 3
A. The Product:
Eco-Light Co. is a business that offers an innovative eco-friendly chandelier. The
Firm will provide various chandelier styles from constructible materials such as:
• Bamboo Minimalist Chandeliers

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• Coconut Shell Eco-Light,
• Liquor Bottle Aesthetic Chandeliers.
The entity guaranteed customers that chandelier created are entirely from
upcycled, native, and compostable concepts by transforming the raw materials into eco-
friendly to provide sustainable light in better ways for people and our planet. The Firm
offers various styles, shapes, and sizes and accepts customized orders wherein the
customers can choose to suit their preferences.
These chandeliers require no assembly and are easy to hang in any room, patio,
or office. They are made from premium bamboo, coconut shell, and liquor bottle, which
are more durable, light weighted, and last longer than typical chandeliers found in furniture
shops. What makes it unique about the eco-light chandelier is the ability to instantly
upgrade the look of the space without a major revamp
To acquire eco-light chandeliers, the customer can choose two ways of placing an
order first through an online shop by visiting the pages and website of eco-light. Customers
can browse the chandelier freely; the information and details about the eco-light chandelier
are indicated and posted under the pictured display, and a short video explaining the
details, including the size, colors, and style variety. The Second way was by visiting the
eco-light shop directly. The firm employee will assist and explain all the inquiries of the
customers. After choosing, the customers can proceed with filling out the application form;
after filling it out, the cashier wills discuss the mode of payment, which can be installments,
partial or complete payment, and lastly, after settling all of the requirements and costs, the
order will be shipped your way in recycled packaging.

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Investing in handmade good lighting fixtures serve as a glamorous visual focus in
modern and traditional homes. as well as can be lit the ambiance, illuminate space, office,
restaurant, store, and other commercial establishments into a warm, elegant, and well-
lighted haven while being gentle and supportive of the environment
Figure 2.1
Sustainable Bamboo Chandeliers
Finished Product
Figure 2.2 depicts the sample product of an Eco-Light Chandelier Finished
Product.
Sustainable Bamboo Chandeliers
Weight: 3 kl
Light Wattages: 1.5
Distance: 8 centimeters
Ceiling Length: 3, 9 and 6 inches
Corresponding price: Php 2,066.00

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Sustainable Coconut Shell Eco-Light,
Weight: 3 kl
Light Wattages: 1.5
Ceiling Length: 19 inches
Corresponding price: Php 2,020.00
Sustainable Liquor Bottle Chandeliers
Weight: 3 kl
Light Wattages: 1.5
Ceiling Length: 19 inches
Corresponding price: Php 1,930..00

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Figure 2.1
Production Process
B. Production Process
The production process uses economic resources like raw materials, labor and
capital. It is to provide goods or services to the consumers. This will help the business
determine how efficient and productive the manufacturing of the products is.
COLLECTING CLEANING /
SANITIZING
ASSEMBLE WEIGHING
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INSTALLATION LIGHT
OF WIRE TESTING
CHANDELIER TRIAL
Figure 2.3
Figure 2.3. shows the production process of an Eco-light Chandelier in the production area
Details processes are presented below:
• Collecting - The raw materials, such as bamboo and coconut shell, will be
collected by purchasing them from coconut farmers, and the bamboo will buy from
locally. On the other hand, liquor bottles are sourced from junk shops or thrift
stores.
• Cleaning - The collected liquor bottles from discarded waste must be cleaned with
clean water, a brush, and soap before being process in the production area. At the
same time, the bamboo coconut shell will use sandpaper used to scrape away
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material from the surface to remove imperfections, to shape and contour edges.
• Sanitizing – In terms of the bottles, right after cleansings’ liquor bottles undergo
sterilization. 70% alcohol spray inside and out of the bottles. The proponents
prioritize the welfare of the customers and ensure that there are no bacteria or
viruses that they might acquire from the product that might cause disease
• Preparing materials needed – The proposed product is constructible from various
raw materials such as bamboo, coconut shell, and liquor bottles. To start
production, prepare all the materials necessary for manufacturing products.
• Assemble – Raw materials assemble by cutting the flat bar, aluminum tube, and
flat chit according to size preference. It will serve as a vessel of wire of electricity’s
connection. Along with the production, welding is used to binding metal and
thermoplastic and uses durable filler material to bind them together. Drillers do use
to create a hole in a coconut shell to create a pattern style and design. The
following is the primary process used in assembling the chandelier.
• Installation Wiring - Inserting and installation of wiring of the chandelier are done
by a professional electrician to lighting device to ensure the safeness and to
address the problem arising in wiring and electricity.
• Light testing –The last process of manufacturing is light testing. The
professional electrician will test the light of the chandelier, cord, and wiring to see
if it is appropriately installed and examine the possible problem might occur.

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• Chandelier Trial- Finished product, the chandelier will hang to the ceiling by
tightening all the screws to secure it to the top. It undergoes a week of observation
to examine some details that need improvement
Working Schedule
Table 2.1
Assigned Monday Tuesday Wednesday Thursday Friday Saturday Sunday

Personnel
General ✓ ✓ ✓ ✓ ✓ ✓ ✘
Manager
Finance ✓ ✓ ✓ ✓ ✓ ✓ ✘
Officer
Production ✓ ✓ ✓ ✓ ✓ ✓ ✘
Officer
Production ✓ ✓ ✓ ✓ ✓ ✓ ✘
Staff
Table 2.1 shows the working operation days of the staff for the whole week.
✓ = Working Day ✘= Day off
Table 2.2
Shifting Schedule of Employees
Time-in Time-out Working Hours Time-in Time-out

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Assigned
Personnel
Monday To Saturday
General Manager 9:00 am 12:00nn Working Hours 1:00 pm 5:00 pm
Finance Officer 9:00 am 12:00nn 48 Hours 1:00 pm 5:00 pm
48 Hours
Production Officer 9:00 am 12:00nn 1:00 pm 5:00 pm
Production Staff 9:00 am 12:00nn 48 Hours 1:00 pm 5:00 pm
Lunch and Snack Break
Employee's/ 12:00nn 1:00pm Break Time 3:00pm 3:30pm
Workers
DAY OFF
Employee's/ Sunday
Workers
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Table 2.2 shows the shifting schedule of employees of Eco-light Co. The total
number of working hours will be six and a half (6 1/2) hours a day and 38 hours a week.
Table 2.3
Product Schedule
Weeks Week 1 Week 2 Week 3 Week 4
Product
Details
Fabrication
Metals
Weight
Product
Assemble
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Installation of
wire
Light Testing
Product
Finalization
Observation
Chandelier
Trial
Table 2.3 shows the production schedule of the eco-light co. within a month.
Table 2.3
Product Capacity
Production Capacity
Weeks 1 2 3 4 5 7 8 9 10 Total
Week 1 ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 9
Week 2 ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 9
Week 3 ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 9
Week 4 ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 9
Month 36
Annual 432
42
Table 2.3 shows the production schedule of the eco-light co. within a month
C. Production Policies:
1. The employees are required to wear a proper uniform during working hours and
should sanitize their hands before and after entering the plant area.
2. Must comply with the rules and regulations management.
3. The workers should use proper equipment to avoid accidents in the factory.
4 The production officer must be facilitated the workflow and assembly methods
properly in creating Eco-Light Chandeliers to maximize the efficiency of manufacturing
operations and to continuously monitor the manufacturing performance of every worker to
ensure quality standards are followed.
5. The employees must be encouraged to arrive at work on time. There will be
penalties If workers do not adhere to the policies and procedures of the Eco-Light Co.
6. Production officers, staff, and the manager will be permitted to enter the production
area.
7. Workers are obligated to attend the workshops conducted once a year.
8. Staff Personal belongings should be kept in the locker at all times
MACHINERY AND EQUIPMENT
The materials and equipment used in the proposed business are listed below. It
also indicated the entire cost of the machinery and equipment and the depreciation cost.
Table 2.3
Delivery Equipment
43
Description Unit Total Cost Useful Span Depreciation
Second Hand
Mitsubishi 1 120,000 10 years 12,000
Triton Pickup
mini-Truck
TOTAL 120,000 12,000
Source: Mitsubishi.ph
Table 2.3 shows the delivery equipment with a total cost of Php 120,000with
depreciation of Php 12,000. Fifty percent (50%) will be allocated to factory overhead
components.
Machinery and Equipment
Table 2.4
Chandelier Lights Equipment
Qty. Item Image Unit Total Useful Depreciation
Cost Cost Life

44
1 Bending 23,552 23,552 5 4,710.40
Machine
1 Welding 7,650 7,650 1,530
Machine
Bottle 5
1 Glass 428 428 85.60
Cutter
1 Grinder 1,276 1,276 255.20
1 Barrena 2,000 2,000 400
Total 34,906 6,981.20
Source of Price: Emerald Hardware and Lazada

45
Table 2.4 shows the quantity and price of the equipment, with a total cost of 34,906
and depreciation cost of 6,981.
Table 2.5
Chandelier Light Tools
Qty. Item Image Unit Total Useful Annual
Cost Cost Life Costs

46
1 Pliers 245.00 245.00 5 49
1 Long nose 250.00 250.00 5 50
Pliers
1 Hammer 360.00 360.00 5 72
1 Cutter 203.00 203.00 5 40.60
1 HandSaw 330.00 330.00 5 66
1 Measuring 95.00 95.00 5 19
Tape
47
Philip
1 Screwdriver 270.00 270.00 5 54
Flat
1 Screwdriver 230.00 230.00 5 46
Total 1,983 396.60
Source of Price: Emerald Hardware
Table 2.5 shows the quantity and costs of necessary tools in proposed business
with an annual cost of Php 1,983 ande depreciation cost Php396.60
Office Furniture and Fixtures
Table 2.6
48
Furniture and Fixtures
Unit Total Life (in
Qty. Description Image Cost Cost years) Depreciation
2 Office Table 3,299.00 6,598 5 1,319.60
2 Office Chair 2,450.00 4,900 5 980.00
2 Client Chair 1,552.00 3,104 5 620.80
1 File 3,149.00 3,149 5 629.80
Cabinet
1 Cabinet 5,980.00 5,980 5 1,196.00
cc23,731 Total 23,731.00 4,746.20

49
Source of Price: Home Décor, HP Mall
Table 2.6 shows the office furniture and fixtures by quantity total cost of Php 23,731.00
with a depreciation cost of Php 4,746.20
Table 2.7
Office Equipment
50
Total Life (in

Qty. Descripti Image Unit cost Depreciation
Cost years)
ons
Printer
1 with 3,000.00 3,000 5 600.00
Scanner
Computer
Core 2
1 Duo 7,937.00 7,937 5 1,587.40
Air
1 Condition 8,798.00 8,798. 5 1,760.00
er 00
Total c 3,947.00
Source of Price: Willy and Son Appliances
Table 2.7 shows the office equipment of the proposed business with a total unit
cost of Php 19,735.00 and depreciation cost of Php 3,947.00 every year.
Table 2.8
Other Equipment
51
Total Useful
Unit cost
Qty. Description Image Cost Life Depreciation
Generator
1 Portable 11,989.00 11,989.00 5 2,397.80
1 CCTV 6,250.00 6,250.00 5 1,250.00

Camera
Total 18,239.00 3,647.80
Source: Sm Mall and Hp Mall
Table 2.8 shows the other equipment with a total cost of 18,239.00 and a total
depreciation cost of Php 3,647.80 every year.
Table 2.9
Raw Materials
52
Qty. Description Image Unit Unit Total Monthly Annual

Cost Cost Cost Cost
12 Flat Bar (⅛ x Pcs. 85.00 1,020.00 12,240.00

¾)
5 Flat Sheet Pcs. 210.00 1,050.00 12,600.00

(4x8 #24)
10 Aluminum Pcs. 110.00 1,100.00 13,200.00

Tube 21ft
(3mm x ½)
50 Bamboo Pcs. 25.00 1,250.00 15,000.00
50 Liquor Pcs. 15.00 750.00 9,000.00

bottles
50 Coconut Pcs. 5.00 150.00 1,800.00

Shell
Total 5,320 63,840.00
Source of Price: Junk shop, Coconut farmers and Emerald Hardware
Table 2.8 shows the other equipment with a total cost of 18,239.00 and a total
depreciation cost of Php 3,647.80 annually.

53
Table 2.11
Raw Materials Supplies
Qty. Description Image Unit Unit Monthly Annual

Cost Cost Cost
20 Tajara Sanding Pcs. 20 400 4,800

Paper (#1000)
7 Spray Paint Pcs. 130 910 10,920
10 Bulb Pcs. 50 500 6,000
20 Cutting Disc Pcs. 20 400 4,800
Total 2,210 26,520

Source: Emerald Hardware
Table 2.10 shows the raw materials supplies of the proposed business with a
monthly cost of Php 2,210 and annual cost of 26,520
Table 2.11
Sanitary Supplies
54
Qty. Description Image Unit Unit Total Annual

Cost Cost Cost
1 Floor Mop
Pcs. 175 175 175
2 Trash Can Pcs. 125 250 250
1 Dust Pan Pcs. 75 75 75
1 Soft Broom
Pcs. 85 85 85
2 Soap Pcs. 20 40 1,020

55
2 Alcohol Bottle 250 500 6,000
2 Tissue
Box 40 80 960
1 Garbage Roll 25 25 300

Bag
Total 1,230 8,865
Source of Price: Shopee PH
Table 2.11 shows the sanitary supplies of the proposed business with a monthly
cost of Php 1,230and annual cost of Php 8,865.

56
Table 2.12
Office Supplies
Qty. Description Image Unit Unit Monthly Annual
Cost Cost Cost
2 Record Book Pcs. 75 150 150
8 Folder Pcs. 10 80 80
3 Receipts Pcs. 35 105 105
1 Pencil Box 150 150 150
2 Bond Paper Rm. 210 420 420

57
1 Fastener Box 35 35 35
2 Ball Pen Box 150 300 300
2 Paper Clip Box 30 60 60
2 Puncher Pcs. 250 500 500
2 Scissor Pcs. 25 50 50
2 Calculator Pcs. 125 250 250
1 Wall Clock Pc. 320 320 320
1 Fire Pc. 1,800 1,800 1,800
Extinguisher
58
Total 4,220 4,220
Source of Price: Shopee PH and Hong-Kong Trading
Table 2.12 shows the office supplies of the business with a monthly cost of Php
4,220 and an annual cost of Php 4,220
Location plays a huge role in attracting and retaining the best employees to
optimize work-life balance. Good location can significantly achieve its goal and objective,
59
maximizing opportunity, boost the company’s long-term performance while avoiding cause
and risk. The eco-light business establishment is plan to be well located at Gov Panotes
Avenue Daet, Camarines Norte. The firm is ideally established in the most desirable
location for attracting customers. Besides, the proponent can anticipate growth and an
increase in sales and brand visibility.
Plant Location
Project Title Project Proponent Date:

Republic of the
Philippines Pajarin Abegail
PROPOSED ESTABLISHMENT Rosales. Shekinah AS SHOWN
Mabini Colleges
Location: Gov Panotes Ave, Fulgencio Mary
Daet. Camarines Norte
Yanesa Rubie
Figure 2.4
Vicinity Map and Site Development Plan

60
F. Plant layout
Plant Layout is an effective plan of industrial facilities arrangement of machines,
processing equipment, and service departments to achieve the most excellent coordination and
efficiency of workers, materials, machines, and methods in a plant.

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.5
Floor Plan
Figure 2.5 depicts the layout design of the place for the business establishment, such
as an office, display area, storage area, production area, cafeteria, and restroom.
61

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.6
Plumbing Layout
Figure 2.6 shows the plumbing layout of the proposed eco-light chandelier
establishment.
62

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.7
Lightning Layout
`Figure 2.7 shows the Lightning layout of the proposed Eco-Light Chandelier
Establishment.
63

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.8
Left Elevation of Production Area
Figure 2.8 shows the Left Elevation of Production Area of the proposed Eco-Light
Chandelier Establishment
64

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.9
Right Elevation of Production Area

65
Figure 2.9 shows the Right Elevation of Production Area of the proposed Eco-Light
Chandelier Establishment.

Republic of the
Mabini Colleges
Yanesa Rubie
66
Figure 2.10
Left Elevation of Display Area
Figure 2.10 shows the Left Elevation of Display Area of the proposed Eco-Light
Chandelier Establishment.
G. Establishment and Facilities

67

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.11
Eco-Light Chandelier Establishments
Figure 2.11 shows the perspective view of the proposed Eco-Light Chandelier
Establishments.
68

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.12
Eco-Light Chandelier Eestablishment’s
Figure 2.12 shows the Top view of the proposed Eco-Light Chandelier
Establishment’s.
69

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.13
Office
Figure 2.13 depicts the office of the proposed Eco-Light Chandelier Establishments
70

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.14
Storage Area
Figure 2.14 depicts the Storage Area of the proposed Eco-Light Chandelier
Establishments.
71

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.15
Rest Room
Figure 2.15 shows the rest room of the proposed Eco-Light Chandelier Eestablishments’.
72

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.16
Cafeteria
Figure 2.16 shows the Cafeteria of the proposed Eco-Light Chandelier Eestablishments’.
73

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.17
Production Area
Figure 2.17 shows the Production Area of the proposed Eco-Light Chandelier
Eestablishments’.
74

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.17
Display Area
Figure 2.17 shows Front view of the Display Area of the proposed Eco-Light
Chandelier Eestablishments’.
75

Republic of the
Mabini Colleges
Yanesa Rubie
Figure 2.18
Display Area
76
Figure 2.18 shows the Display Area of the proposed Eco-Light Chandelier
Eestablish
Table 2.13
Building And Facilities
Unit cost
Items description Total Cost
Quantity
1 Skilled ₱ 7,500.00 ₱ 7,500.00
1 Helper ₱ 6,000.00 ₱ 6,000.00
16 Wall per Sq. M ₱ 600.00 ₱ 9,600.00
₱ 23,100.00
Renovation Cost ₱ 18,760.00
₱ 41,860.00
Total
5% allowance for error ₱ 2,093.00

77
Table 2.13 shows the renovation cost of building and facility of the proposed
establishment of the business with the total cost of Php ₱ 41,860.00 and 5% allowance
for error Php 2,093.00
Table 2.14
Repair and maintenance
Particular Allocation percentage Total Annual Cost

Business Establishment 2% 837.2
Secondhand Mitsubishi Triton Pickup
mini-Truck 2% 3,000
Office Equipment 2% 490.64

Production Equipment 2% 698.12
TOTAL 5,025.96
Table 2.14 indicate repair and maintenance with the total annual cost of Php
16,000
L. Utilities Expenses
Table 2.15
Water Consumptions
Approximately 20 cubic Monthly Cost Annual Cost

meters per month
*20 cubic meter fix at Php Php 404 Php 4,848

404.00
78
Source: Prime water
Table 2.15 shows the water consumption of the proposed business with a total
amount per month of Php 404 and the annual cost of Php 4,848. Fifty percent (50%) is
allocated to factory overhead components.
Table 2.16
Power Consumptions
Power Consumptions (Office Area)
Appliance Unit Watts Usage(Per Rate Monthly Annually

day)
Aircon 1 180 8 15.77 545.01 6,540.12
Wifi 1 5 8 15.77 15.14 181.68
Printer with 1 1.5 4 15.77 22.71 272.52

scanner
CCTV 0.5 1.5 24 15.77 6.81 81.72
Desktop 1 150 8 15.77 454.18 5,450.16

Computer
Total 1,043.85 12,526.20
Power Consumptions (Production Area)

79
CCTV 0.5 1.5 24 15.77 6.81 81.72
Welding 1 180 3 15.77 204.38 2,452.56

Machine
Grinder 1 150 5 15.77 283.86 3,406.32
Barena 1 20 8 15.77 60.56 726.72

6,667.32
TOTAL 555.61 6,667.32
1,599.46 19,193.52
Source: Canoreco
Table 2.16 shows the commercial power consumption in the office area with the
total annual cost of Php 1,599.46 and the consumption in the production area total annual
cost of 19,193.52 Fifty percent (50%) of power consumption is allocated to factory
overhead components.
Table 2.17
Internet Consumptions
Item Monthly Cost Annual Cost
Globe at Home Wi-fi 1,500 18,000
Source: Globe @ Home Wifi
Table 2.17 shows the internet expense with the amount per month of Php1,500
and the annual cost of Php18.000.

80
Table 2.18
Fuel Consumptions
Item Full tank (in Cost Monthly Cost Annual Cost

capacity)
Portable 50 67.20 3,360.00

Generator 4,661
(Champion)
Mitsubishi Triton 5 67.20 4,661 13,983

Pickup mini-Truck
Total 9,322 18,644
Source: Gas Station
Table 2.18 indicate the Gas expense with the amount per month of Php9,322 and
the annual cost of Php18,644.. Fifty percent (50%) is allocated to factory overhead
components.
I. Waste Disposal and Environment Impact
• To guaranteed the entity solid waste from production will be strictly adequately
observed. The residue particle from the raw materials in manufacturing chandeliers
will create other products such as chairs, tables, and office organizers to be given
as a freebie to the customers. The firm aims to produce renewable resources from
waste to use in a valuable way.
81
Eco-Light Corporation, in terms of the office and shop establishment, will be
effectively implemented and apply the 5r’s waste management.
Refusing,
Speak to the procurement team about refusing to buy wasteful or non-recyclable
products. An alternative organization will provide reusable utensils and dishware and
provide a drinking water stations to lessen the usage of water bottles.
Reducing
Focusing on reducing the waste in the office through Reuse paper by shredding
waste documents, Segregate recyclable paper products. The packaging of the
chandeliers when shipping will be used eco-box which can be able to reuse will allows a
considerable waste reduction.
Reuse
Prioritize reusing for other products in the facility using compostable or reusable
alternatives.
Repurpose
Designate an area for the office as an Upcycle Station for collecting and storing
supplies.
Recycling
82
Implement an effective recycling program to support and pursue environmental
protection and restoration.
Table 2.19
Production Cost
33% 34% 34% 100%
Particulars: Bamboo Liquor Coconut Total

Bottle Shell
Raw Materials 22,553.20 21,743.40 14,543.40 63.840.00
Direct Labor 58,924.80 59,817.60 59,817.60 178,560.00
Overhead Cost:
Indirect Labor 32,313.60 32,803.20 32,803.20 97,920.00
13th Month Pay 7,603.20 7,718.40 7,718.40 23,040.00
SSS, Philhealth and 12,358.37 12,545.62 12,545.61 37,449.60

HDMF
Depreciation
Expenses
Chandelier Light 2,303.80 2,338.70 2,338.70 6,981.20

Equipment
Chandelier Light 130.88 132.86 132.86 396.60

Tools
83
Lease Improvements 828.83 841.39 841.38 2,511.60
Delivery Equipment 2,376 2,412 2,412 7,200.00
Other Equipment 722.26 733.21 733.21 2,188.68
Repair and 956.66 971.15 971.16 2,898.97

Maintenance
Expense
Raw Materials 2,917.20 2,961.40 2,961.40 8,840.00

Supplies Expense
Rent Expense 11,880.00 12,060 12,060 36,000.00
Other Expense 1,219.68 1,238.16 1,238.16 3,696.00
Utilities Expense
(Production Area)
Power Consumption 2,200.22 2,333.55 2,333.55 6,667.32
Water Consumption 959.90 974.45 974.45 2,908.80
Total Production 165,248.60 161,525.09 154,325.08 481,098.80

Cost
Divided By 144 144 144 432

Capacity Per Year
Cost Per Order 1,148.00 1,022.00 1,072.00
Mark Up Price 180% 180% 180%

84
Selling Price Per 2,066.00 2,020.00 1,930.00

Order
Table 2.19 shows the production cost for each size
K. Labor Requirement
Labor requirement is created to protect workers and potential hires. It is
necessary to treat employees fairly, provide those benefits, and safe workplace.
Table 2.20
Salary and Wages - Administrative
Designation Number of Daily Monthly Annually

Employees Rate Salary Salary
General Manager 1 370 8,880 106,560
Finance officer 1 340 8,160 97,920
Total 2 17,040 204,480
Source: Labor Salary Requirement of DOLE
Table 2.20 shows the salaries and wages (Administrative) of the employees of
Eco-Light Co with a total monthly cost of ₱hp 17,040 an annual cost Php 204,480
85
Table 2.21
Salaries and Wages – Direct Labor and Indirect Labor
Position Number of Daily Rate Monthly Annually
Employees Salary Salary
Production officer 1 340 8,160.00 97,920
Total 1 8,160.00 97,920
Indirect Labor
Production Staff 2 310 14,880 178,560
Total 2 14,880 178,560
Source: Labor Salary Requirement of DOLE
Table 2.21 shows the salaries and wages (Direct Labor) and (Indirect
Labor) of the employees of Eco-Light Co. with a monthly salary cost of Php 14,880 and
an annual cost Php 178,560.

86
Table 2.20
Contribution
Position SSS Pag-Ibig Phil-Health Monthly 13 Month Annual

Benefits Benefits
Manager 775 177 2,225 1,177.60 8,880 14,131.20
Finance 690 163.20 2,225 1,078.20 8,160 12,938.40

officer
Total 1,465 340.80 450 2,255.80 17,040 27,069.60
Indirect Labor
Production
Staff 1,295.00 297.60 450 2,042.60 14,880 24,511.20
Total 1,295.00 297.60 450 2,042.60 14,880 24,511.20
Direct Labor
Production
officer 690 163.20 225 1,078.20 8,160.00 12,938.40
Total 690 163.20 225 1,078.20 8,160.00 8,160.00

87
3,120.80 23,040.00 37,449.60

5,376.60 40,080.00 64,519.20
Source: Government
The table 2.20 indicated the total remittances of the business for each employees
with the monthly benefits cost of Php 5,376.60 and annual benefits Php 40,080.00 on the
total. Data are based on the updated SSS bracket, Pag-Ibig and Philhealth..
M. Other Expense
Table 2.26
Advertising Expense
Quantity Item Unit Cost Total Cost Annual Cost

150 Flyers 10.00 1,500 1,500
150 Business Card 10.00 1,500 1,500
TOTAL Php 3,000 Php 3,000
Sources: Layout Print Shop
Table 2.26 shows the advertising expense of the proposed business with an
annual cost of Php 3,000.

88
Licenses and Permits
Table 2.27
Permits and Licenses
Permits/Clearance Amount
Barangay Permit 400.00
Mayor’s Permit 1,500.00
Fire Safety Clearance 1,300.00
Zoning Permit 150.00
150.00
Business Plate
DTI Permit 100
BIR Clearance 500.00
Total 4,100
Source: Daet Municipal Treasurer's Office
89
Table 2.32 shows the licenses and permits fee amounting to Php 4,100.
Table 2.27
Business Rental Space
Sqm Item Space Lease Monthly Cost Annual
Cost
64sqm Business Space 5,000 5,000 60,000
Total 5,000 5,000 60,000
60% Admin Office
40% Production area
Sources: Building Owner
Table 2.27 shows the lease of space of monthly cost Php 5,000 and annual cost
of Php60,000.Table above indicated the percentage wherein 60% of the space will be the
Admin Office and 40% production area.

90
CHAPTER 4
FINANCIAL FEASIBILITY
A. Financial Assumption
• Sales are all on a cash basis
• Raw materials purchase increase by 5% annually and 1% ending inventories
• Inventory end is 2%
• Sales price will increase by 3% annually.
• Mark-up percentage is 180% based on product cost.
• Production and administrative allocation of expenses are at 60% and 40%
respectively.
• Salaries and wages will remain constant for 5 years and will plan to increase in
the 6th year.
• 13th-month pay and SSS, Philhealth, and HDMF will be provided as compliant
with the government directives.
• Utility expenses such as electricity and water will remain constant unless there
will be an increase in its provider.
• Repairs and maintenance expense is 2% of plant, property, and equipment
acquisition cost.
• Raw materials, office and Sanitation supplies are expected to increase by 5%
annually and 3% of it will be unused as of yearend.
• The depreciation method being used is straight-line method.
• Advertising Expense is expected to remain constant in the first 5 years.

91
• Permits and Licenses fees will remain constant unless there will be an increase
provided by the LGU.
• Partners are allowed to withdraw P10,000 after 2 years of operation.
• Tax Rate will be 30%
B. Project Cost
92
A. Property, Plant and Equipment

Leasehold Improvements 41,860.00
Delivery Equipment 120,000.00
Chandelier Lights Equipment 34,906.00
Chandelier Light Tools 1,983.00
Office Equipment 19,735.00
Other Equipment 18,239.00
Furniture and Fixtures 23,731.00 260,454.00
B. Working Capital
Raw Materials 5,320.00
Raw Materials Supplies 2,210.00
Fuel Expenses 3,696.00
Salaries and Wages 40,080.00
SSS, Philhealth & HDMF 5,376.60
Office Supplies 4,145.00
Utilities Expense 3,503.46
Rent Expense 5,000.00
Sanitation Supplies 1,230.00 70,561.06
C. Pre-Operating Expense
Advertising Expense 3,000.00
Permits & Licenses 4,100.00 7,100.00
D. Contingency (5% of A, B & C)

Property, Plant & Equipment 13,022.70
Working Capital 3,528.05
Pre-operating expense 142.00 16,692.75
TOTAL PROJECT COSTS 354,807.81
C. Source of Financing
93
The total project cost of the proposed business is Php354,807.81. The cost will be
raised through the equal partnership contribution of the proponents.
Investment By Partners
Pajarin, Capital 88,701.95
Fulgencio, Capital 88,701.95
Yanesa, Capital 88,701.95
Rosales, Capital 88,701.96
Total source of financing #REF! 354,807.81
D. Financial Statements
94
ECO-LIGHT COMPANY
PROJECTED INCOME STATEMENT
FOR THE YEARS 2023 TO 2027
SCHEDULE 2023 2024 2025 2026 2027

Sales Schedule 1 848,256.00 979,043.84 1,106,199.28 1,255,605.35 1,421,924.70
Less: Cost of Goods Sold Schedule 2 470,908.37 485,200.37 485,563.09 493,089.57 497,375.26
Gross Profit 377,347.63 493,843.47 620,636.19 762,515.78 924,549.44
Less : Expenses
Salaries and wages Schedule 3 204,480.00 204,480.00 204,480.00 204,480.00 204,480.00
13th Month Pay, SSS, Philhealth & HDMF
Schedule 4 44,109.60 44,109.60 44,109.60 44,109.60 44,109.60
Electricity expense Schedule 5 12,526.20 12,526.20 12,526.20 12,526.20 12,526.20
Water expense Schedule 6 1,939.20 1,939.20 1,939.20 1,939.20 1,939.20
Internet expense Schedule 7 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00
Office Supplies Expense Schedule 8 5,427.15 5,861.32 6,159.28 6,467.38 6,790.76
Rent Expense Schedule 9 24,000.00 24,000.00 24,000.00 24,000.00 24,000.00
Advertising Expense Schedule 10 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
Permits & Licenses Schedule 11 4,100.00 4,100.00 4,100.00 4,100.00 4,100.00
Depreciation Expense
Leasehold Improvements Schedule 12 1,674.40 1,674.40 1,674.40 1,674.40 1,674.40
Office Equipment Schedule 13 3,947.40 3,947.40 3,947.40 3,947.40 3,947.40
Other Equipment Schedule 14 1,459.12 1,459.12 1,459.12 1,459.12 1,459.12
Delivery Equipment Schedule 20 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
Furniture and Fixtures Schedule 15 4,746.20 4,746.20 4,746.20 4,746.20 4,746.20
Repairs and Maintenance ExpenseSchedule 16 2,310.11 2,310.11 2,310.11 2,310.11 2,310.11
Fuel Expense Schedule 17 2,956.80 3,015.94 3,076.26 3,137.78 3,200.54
Sanitation Supplies Expense Schedule 18 6,387.45 6,898.45 7,249.11 7,611.75 7,992.33
Total 345,863.63 346,867.94 347,576.88 348,309.14 349,075.86
Income before tax 31,484.00 146,975.53 273,059.31 414,206.64 575,473.58
Tax Expense 9,445.20 44,092.66 81,917.79 124,261.99 172,642.07
Net Income after tax 22,038.80 102,882.87 191,141.52 289,944.65 402,831.51
95
ECO-LIGHT COMPANY
PROJECTED STATEMENT OF CHANGES IN PARTNERS' EQUITY
`
YEAR 2023
Pajarin, Capital Fulgencio, Capital Yanesa, Capital Rosales, Capital Total
Beginning Capital - - - - -
Initial Investment 88,701.95 88,701.95 88,701.95 88,701.96 354,807.81
Add: Profit 5,509.70 5,509.70 5,509.70 5,509.70 22,038.80
Total 94,211.65 94,211.65 94,211.65 94,211.66 376,846.61
Withdrawal -
Ending Capital 94,211.65 94,211.65 94,211.65 94,211.66 376,846.61
376,846.61
YEAR 2024
Beginning Capital 94,211.65 94,211.65 94,211.65 94,211.66 376,846.61
Additional Investment
Add: Profit 25,720.72 25,720.72 25,720.72 25,720.71 102,882.87
Total 119,932.37 119,932.37 119,932.37 119,932.37 479,729.48
Withdrawal -
Ending Capital 119,932.37 119,932.37 119,932.37 119,932.37 479,729.48
479,729.48
YEAR 2025
Add: Profit 47,785.38 47,785.38 47,785.38 47,785.38 191,141.52
Total 167,717.75 167,717.75 167,717.75 167,717.75 670,871.00
Withdrawal (10,000.00) (10,000.00) (10,000.00) (10,000.00) (40,000.00)
Ending Capital 157,717.75 157,717.75 157,717.75 157,717.75 630,871.00
630,871.00
YEAR 2026
Add: Profit 72,486.16 72,486.16 72,486.16 72,486.17 289,944.65
Total 230,203.91 230,203.91 230,203.91 230,203.92 920,815.65
Withdrawal (10,000.00) (10,000.00) (10,000.00) (10,000.00) (40,000.00)
Ending Capital 220,203.91 220,203.91 220,203.91 220,203.92 880,815.65
880,815.65
YEAR 2027
Add: Profit 100,707.88 100,707.88 100,707.88 100,707.87 402,831.51
Total 320,911.79 320,911.79 320,911.79 320,911.79 1,283,647.16
Withdrawal (10,000.00) (10,000.00) (10,000.00) (10,000.00) (40,000.00)
Ending Capital 310,911.79 310,911.79 310,911.79 310,911.79 1,243,647.16
1,243,647.16
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ECO-LIGHT COMPANY
PROJECTED STATEMENT OF CASH FLOWS
Pre-Operating 2023 2024 2025 2026 2027

Operating Activities
Cash Receipts from customer 848,256.00 979,043.84 1,106,199.28 1,255,605.35 1,421,924.70
Cash payment to employees (40,080.00) (440,880.00) (480,960.00) (480,960.00) (480,960.00) (480,960.00)
Cash payment to suppliers (5,320.00) (58,520.00) (67,032.00) (70,383.60) (73,902.78) (77,597.92)
Payment for 13th month, SSS, Philhealth & HDMF (5,376.60) (99,222.60) (104,599.20) (104,599.20) (104,599.20) (104,599.20)
Payment for Electricity (1,599.46) (17,594.06) (19,193.52) (19,193.52) (19,193.52) (19,193.52)
Payment for Water (404.00) (4,444.00) (4,848.00) (4,848.00) (4,848.00) (4,848.00)
Payment for Internet Expense (1,500.00) (16,500.00) (18,000.00) (18,000.00) (18,000.00) (18,000.00)
Payment for Raw Material Supplies (2,210.00) (6,630.00) (9,282.00) (9,746.10) (10,233.41) (10,745.08)
Payment for Office Supplies (4,145.00) (1,450.00) (5,874.75) (6,168.49) (6,476.91) (6,800.76)
Payment for Janitorial & Sanitation Supplies (1,230.00) (5,355.00) (6,914.25) (7,259.96) (7,622.96) (8,004.11)
Payment for Fuel Expense (3,696.00) (3,696.00) (7,539.84) (7,690.64) (7,844.45) (8,001.34)
Payment for Rent Expense (5,000.00) (55,000.00) (60,000.00) (60,000.00) (60,000.00) (60,000.00)
Payment for Advertising (3,000.00) - (3,000.00) (3,000.00) (3,000.00) (3,000.00)
Payment for Repair and Maintenance (5,209.08) (5,209.08) (5,209.08) (5,209.08) (5,209.08)
Payment for Permits & Licenses (4,100.00) (4,100.00) (4,100.00) (4,100.00) (4,100.00)
Payment for Parner's Withdrawal (40,000.00) (40,000.00) (40,000.00)
Payment for Income tax (9,445.20) (44,092.66) (81,917.79) (124,261.99)
Net Cash Provided (used) by Operating Activities (77,661.06) 133,755.26 173,046.00 220,948.03 327,697.25 446,603.70
Investing Activities
Leasehold Improvements (41,860.00)
Purchase of Delivery Equipment (120,000.00)
Purchase of Chandelier Lights Equipment (34,906.00)
Purchase of Chandelier Light Tools (1,983.00)
Purchase fof Other Equipment (18,239.00)
Purchase of Office Equipment (19,735.00)
Purchase of Furniture and Fixtures (23,731.00)
Net Cash Provided (used) by Investing Activities (260,454.00) - - - - -
Financing Activities
Pajarin, Capital 88,701.95
Fulgencio, Capital 88,701.95
Yanesa, Capital 88,701.95
Rosales, Capital 88,701.96
Net Cash Provided (used) by Financing Activities 354,807.81 - - - - -
Net Increase (Decrease) in Cash 16,692.75 133,755.26 173,046.00 220,948.03 327,697.25 446,603.70
Cash Balance Beginning - 16,692.75 150,448.01 323,494.01 544,442.04 872,139.29
Cotingency Fund - - - - - -
Cash Balance Ending 16,692.75 150,448.01 323,494.01 544,442.04 872,139.29 1,318,742.99
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ECO-LIGHT COMPANY
PROJECTED STATEMENT OF FINANCIAL POSITION
AS OF THE YEARS 2023 TO 2027
2023 2024 2025 2026 2027

ASSETS
Current Assets
Cash 150,448.01 323,494.01 544,442.04 872,139.29 1,318,742.99
Raw Materials, End 638.40 676.70 710.60 746.13 783.44
Inventory, End 10,026.00 10,326.78 14,182.08 14,607.56 15,045.76
Office supplies 167.85 181.28 190.49 200.02 210.02
Sanitary supplies 197.55 213.35 224.20 235.41 247.19
Raw materials Supplies 265.20 286.42 300.98 316.03 331.83
Total Current Assets 161,743.01 335,178.54 560,050.39 888,244.44 1,335,361.23
Non-Current Assets
Leasehold Improvements 41,860.00 41,860.00 41,860.00 41,860.00 41,860.00
Accumulated Depreciation (4,186.00) (8,372.00) (12,558.00) (16,744.00) (20,930.00)
Delivery Equipment 120,000.00 120,000.00 120,000.00 120,000.00 120,000.00
Chandelier Lights Equipment 34,906.00 34,906.00 34,906.00 34,906.00 34,906.00
Production Tools 1,983.00 1,983.00 1,983.00 1,983.00 1,983.00
Accumulated Depreciation (396.60) (793.20) (1,189.80) (1,586.40) (1,983.00)
Office Equipment 19,735.00 19,735.00 19,735.00 19,735.00 19,735.00
Furnitures and Fixtures 23,731.00 23,731.00 23,731.00 23,731.00 23,731.00
Other Equipment 18,239.00 18,239.00 18,239.00 18,239.00 18,239.00
Total Non-Current Assets 224,548.80 188,643.60 152,738.40 116,833.20 80,928.00
TOTAL ASSETS 386,291.81 523,822.14 712,788.79 1,005,077.64 1,416,289.23
LIABILITIES & EQUITY

Income tax payable 9,445.20 44,092.66 81,917.79 124,261.99 172,642.07
TOTAL LIABILITIES 9,445.20 44,092.66 81,917.79 124,261.99 172,642.07
EQUITY
Pajarin, Capital 94,211.65 119,932.37 157,717.75 220,203.91 310,911.79
Fulgencio, Capital 94,211.65 119,932.37 157,717.75 220,203.91 310,911.79
Yanesa, Capital 94,211.65 119,932.37 157,717.75 220,203.91 310,911.79
Rosales, Capital 94,211.66 119,932.37 157,717.75 220,203.92 310,911.79
TOTAL EQUITY 376,846.61 479,729.48 630,871.00 880,815.65 1,243,647.16
TOTAL LIABILITIES & EQUITY 386,291.81 523,822.14 712,788.79 1,005,077.64 1,416,289.23
- - - - -
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E. Financial Analysis
The financial analysis assesses the performance and long-term viability of firms,
projects, budgets, and other finance-related institutions. Financial accounting is
commonly used to determine whether a company is stable, solvent, liquid, or profitable
enough to support a financial investment. A financial analyst looks at the income
statement, balance sheet, and cash flow statement.
Test of Liquidity is turning an asset into cash. It's also a metric for determining
how much money a company has to pay immediate short-term obligations.
Current Ratio - a liquidity ratio that assesses a company's ability to meet short-term
and long-term obligations.
Formula: Current Assets / Current Liabilities
Year Current Assets Current Liabilities Current Ratio
2023 P 161,743.01 P 9,445.20 = 17.12 : 1

2024 335,178.54 44,092.66 = 7.60 : 1
2025 560,050.39 81,917.79 = 6.84 : 1
2026 888,244.44 124,261.99 = 7.15 : 1
2027 1,335,361.23 172,642.07 = 7.73 : 1
A financial ratio determines how a company has sufficient resources to pay its debt
over the next 12 months. It compares a company's current assets and current liabilities.
The current Ratio is one method of determining a company's ability to meet existing debt
or liabilities. The greater the Ratio, the more liquid the company is, and the current liability
of Eco-Light co., an entity, is the income tax that must be paid.

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Therefore, Eco-Light co. The current Ratio in the year 2023 is 17.12. In the year
2024, the current Ratio is 7.60, while in the year 2025 is 6.84. In 2026, the current Ratio
is 7.15, and in 2027, the current Ratio is 7.73.
Test of Profitability a company's ability to use its resources efficiently to generate
revenues that exceed its expenses. In other words, this is the ability of a company to
generate profits from its operations.
Return on Investment - measures the return on an Investment relative to the
investment cost.
Formula: Average Net Income / Investment
Year Net Income
2023 P 22,038.80
2024 102,882.87
2025 191,141.52
2026 289,944.65
2027 402,831.51
Average Net Income 201,767.87

= 56.87%
Investment 354,807.81
The result shows that the proposed business has a 56.87% potential return from the
Investment.
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Payback period
Formula Total Investment

Average Cash Flows
Year Cash Flows

2023 133,755.26
2024 173,046.00
2025 220,948.03
2026 327,697.25
2027 446,603.70
TOTAL 1,302,050.24
Divided by 5
Average 260,410.05
354,807.81 = 1.3625 or
260,410.05 1 year, 4 months and 10 days
Payback period is the time it takes for the amount invested in an asset to be repaid by
its net cash outflow. It is a quick and easy way to assess the risk of a given project.
Years and fractions of years are used to calculate the payback period.
Hence, one year, four months, and ten days explain that the proposed business will
recover its entire Investment in that time frame.

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Net Profit Margin is the percentage of a company's total revenue after deducting all
operating expenses, interest, taxes, and preferred stock dividends. It is one of the most
closely watched numbers in financial analysis because it demonstrates how a company
converts revenue into profits available to shareholders.
Formula: Net Income / Sales
Year Net Income Sales Net Profit Margin
2023 22,038.80 848,256.00 = 2.60%

2024 102,882.87 979,043.84 = 10.51%
2025 191,141.52 1,106,199.28 = 17.28%
2026 289,944.65 1,255,605.35 = 23.09%
2027 402,831.51 1,421,924.70 = 28.33%
The result depicts that 2.60% in the years 2023, 2024, 2025, 2026, and 2027
respectively, signifies the company's overall profitability.

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CHAPTER 5
Socio- Economic Study
One of the businesses primarily aims to generate a high profit and sales from its
economic endeavors. This aspect discusses in sufficient detail the responsibilities and
relationship of the business towards the society within which it operates.
This proposed business, Eco-light Corporation, is committed to sustaining the
needs of the members and customers and meeting the expectation in terms of providing
quality service, satisfaction, and happiness through offering an innovative product. The
firm aims to contribute to the economy, government, environment, employees, and society
by providing innovation, improving people's lifestyles, and new job opportunities and an
green community.
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CHAPTER 5
Socio Economic Study
Every business primarily aims to generate a high profit and sales from its economic
endeavors. Despite this, they cannot go away with the fact that they operate in a social
environment. This aspect discusses in sufficient detail the responsibilities and relationship
of the business towards the society within which it operates.
This proposed business, Eco-light Corporation, is committed to sustaining the
needs of the members and customers and meeting the expectation in terms of providing
quality service, satisfaction, and happiness through offering an innovative product. The
firm aims to contribute to the economy, government, environment, employees, and society
by providing innovation, improving people's lifestyles, and new job opportunities. And an
eco-friendly environment.
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Eco-Light Chandelier
Economy Government Environment Employees

Society
Increase Tax Revenue Greener Staff
Community
Competition Environment
Builders
Public
Individual
New Job Services Energy
Opportunities Conservation
Wages/ Employment
Increase Lessen the Income
Productivity size of landfills
Customers
Economic
Growth and
Improvement Satisfaction
Sustainability
Figure 5
Socio- Economic Aspect

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Contribution to the Economy
The eco-light co will promote significant benefits and improvement in the system
of the Philippine economy. The firm is meant to contribute to the country's economic
performance by bringing new products, methods, and production processes to the market,
boosting productivity, improving health, and growing competition more broadly.
Furthermore, the business will Create employment opportunities within the organization
and will mainly provide income for the member-owners, employees, and staff that will aid
in poverty reduction. The company will benefit the country by creating a new and
innovative way of various products. It will eventually attract more members and investors
from local and foreign governments, leading to economic growth and development.
Contribution to the Government
The proposed business will help the government by providing local
employment and having a dynamic business community. The business will comply
with all the necessary documents in the Barangay and Local Government Unit where
it operates (such as business permits, licenses, and others), thus contributing little to
government funds. All activities of the government toward the green economy
movement will be supported by the business vision and mission
Contribution to the Community
The firm business will provide more job opportunities to the community where it
operates, thereby reducing unemployment. It will spearhead community development
activities it will fund as it grows its business. Activities will include more than community
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beautification but also livelihood-generating activities that will promote economic growth
in the community.
D. Contribution to the Environment
Humans are the first beneficiaries of a clean environment, which people can
attain by making and using environmentally friendly products. The eco-light co
business goal and vision are to provide a sustainable light fixture constructive from
recyclable materials and aims to be attentive to the ecosystem, from beauty to
manufacturing, by focusing on producing green products with the benefits of
reducing environmental damage, mainly would result in healthy and productive
populations. The business concept ideal is to promote and advocate the ecological
restoration and awareness of environmental issues and conservation of natural
resources. The firms conserve resources while creating an eco-chandelier while
maintaining ecological balance and reducing the consumption of natural resources.
D. Contribution to Employees
The entity will compensate employees in terms of income and other statutory
benefits provided by law. The business will generate a satisfying relationship between and
among the members and employees, achieving its social goals. The members and
employees will be subjected to regular continuing education programs that will enhance
their knowledge and skills and equip them to deliver quality services to members and the
community.
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F. Contribution to the Members and Customers
The proposed businesses will provide for the needs of the members and consumers
by providing a quality product. The company can assure people that acquiring eco-light
chandeliers from a firm as a provider of lightening their space will bring satisfaction to
ambient light and innovate areas and rooms that other light sources cannot cover the
distance with a pleasant glow.
Chapter 6
Organization and Management Study
A. Basic Consideration in Forming The Organizations
Basic Considerations in putting up this Eco-Light Chandelier Corporation are as
follows:
• The Corporation will be firmly committed to enhance the durability and
quality of the Eco-Light Chandelier.
• The business will offer the best green products to produce a sustainability
light source of every household in a reasonable price.
• The firm will attain the people's economic, environmental and social needs
within Daet, Camarines Norte.
• The cooperation will have an excellent strategy to fill the demand and
supply gap.
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• The business will maintain a good relationship between employees and
staff in order to keep motivated to do work as well as the coconut farmers,
supplier essential factors in commercial source of raw materials for the
production of our Eco-Light Chandelier.
Form of Ownership
The agreed-upon structure by the proponents is a general partnership form
of business. A partnership is like a company in which two or more individuals share
ownership and each other specific primary duties. Each partner has capital, skills,
knowledge, labor, and property contributions.
The proponents chose this kind of business structure for a startup, and
small business is simple to establish and run. The proponents will write a
partnership agreement if future disagreements serve as terms and conditions
regarding its operation and management. In a partnership, each partner has a legal
duty to act in the partnership's best interests, as well as the best interest of the
other partners. There's also the legal duty of individual personal liability for
partnership obligations to improve one's efficiency and effectiveness.
Individuals in this form of business will have an equal share of contributions
in terms of capital, which will allow them to increase the business's future
development by acquiring more talent. The proponents strongly believe that the
general partnership best suit the proposed business. The proposed business
under partnership comprises three(3) partners who will contribute capital, skills,
knowledge, and property and divide the profits among themselves.

109
C. Organizational Chart
An organizational chart graphically represents an Partnership structure,
highlighting the different jobs, departments, and responsibilities that connect the
employees to each other and to the management team.
General Finance Production

Manager Officers Officer
Production
Worker
Figure 3.1
Organizational Chart
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D. Officers and Key Personnel
• General Manager
Job Descriptions:
A General Manager is an accountable for overall responsibility for all
administrative functions in business. Responsible for implementing a policy,
operations, create and maintain budgets. General Manager coordinates
employees and supervises lower-level managers.
Qualifications:
✓ Must be graduate of any business-related administration course
✓ Knowledge of business process and functions (finance, HR, procurement,
operations etc.)
✓ Strong analytical ability
✓ Excellent communication skills

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• Finance Officer
Job Descriptions:
Responsible for the financial health of the company by managing financial
procedures. Duties include planning budgets, participating in audits, monitoring
transactions, and preparing invoices.
Qualifications:
✓ Must be graduate of any business-related administration course
✓ In-depth knowledge of financial regulations and accounting processes.
✓ Outstanding analytical and time management skills.
✓ Strong attention to detail.
✓ Excellent written and verbal communication
✓ Outstanding analytical and time management skills.
✓ Strong attention to detail.
✓ Excellent written and verbal communication skills
• Sales Representative (Salesperson)
Job Descriptions:
The Sales Representative is responsible for selling products and meeting
customer needs while obtaining orders from existing or potential sales outlets.
Ensure customer is satisfied and adequately taken care of while making a
purchase.
Qualifications:
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✓ Excellent communication skills.
✓ Flexible work hours.
✓ Excellent customer service skills.
✓ Motivation to work through busy shifts
• Production Officer
Oversees all aspects of an organization’s manufacturing processes. Plans
and directs the purchase and layout of the manufacturing equipment, as well as
overseeing the maintenance of the equipment and facilities. The production officer
establishes workflow and assembly methods to maximize efficiency of
manufacturing operations, directs workforce utilization, and continually monitors
manufacturing performance to ensure quality standards are met. This operational
work is combined with the expectation that the CPO establishes overall direction
and strategic initiatives, demonstrates leadership and accountability to the
manufacturing division, and provides the data and forecasting that top
management requires to calculate the success of production efforts and how those
results impact other areas of the business like budgeting, sales, and marketing.
While the exact tasks may range depending on the industry, someone pursuing
the position of chief production officer should expect to have the following
responsibilities:
Qualifications:
✓ A degree in business management would be advantageous.
✓ Industry-related experience.
✓ Excellent organizational and time management skills.

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✓ Ability to solve problems quickly and efficiently.
✓ Excellent verbal and written communication skill
• Production Worker
A Production Worker is responsible for meeting quality standards and deadlines for
products. Held accountable for checking for defects, assemble products, monitor
manufacturing equipment, and closely follow safety procedures to prevent accidents in
environments where materials may be hazardous
Qualifications:
✓ Good understanding of how production equipment works
✓ Ability to detect potential problems with machinery
✓ Knowledge of basic safety rules and precautionary measures (safety gear will be
provided)
✓ Ability to lift heavy loads and transfer them manually
✓ Good communication and teamwork skills
✓ Willing to Trained
Duties and Responsibilities of Officers and Key Personnel
• General Manager
Duties and Responsible
➢ Oversee day-to-day operations

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➢ Design strategy and set goals for growth
➢ Maintain budgets and optimize expenses
➢ Set policies and processes
➢ Ensure employees work productively and develop professionally
➢ Oversee recruitment and training of new employees
➢ Evaluate and improve operations and financial performance
➢ Direct the employee assessment process
➢ Prepare regular reports for upper management
➢ Ensure staff follows health and safety regulations
➢ Provide solutions to issues (e.g. profit decline, employee conflicts, loss of
business to competitors)
• Finance Officer
Duties and Responsible
➢ Create and implement financial policies to guarantee operational efficiency.
➢ Oversee the preparation and planning of budgets.
➢ Maintain records and receipts for all daily transactions.
➢ Ensure financial records are kept up-to-date with the latest transactions and
changes.
➢ Contribute to financial audits.
➢ Monitor all bank deposits and payments.
➢ Perform periodic financial analysis to detect and resolve problems.
➢ Prepare balance sheets and invoices.

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• Sales Representative (Salesperson)
Duties and Responsible:
➢ Greet customers.
➢ Help customers find items in the store.
➢ Check for stock at other branches or order requested stock for customers.
➢ Provide customers with information about items.
➢ Ring up purchases.
➢ Elevate complaints to management.
➢ Keep track of inventory.
• Production Officer
➢ Creating a production schedule.
➢ Training new employees.
➢ Scheduling regular maintenance for equipment.
➢ Discussing budget expectations with clients.
➢ Purchasing the required materials.
➢ Ensuring that health and safety protocols are adhered to.
Production Worker:
➢ Operate production equipment
➢ Assemble machinery parts

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➢ Store products and materials
➢ Meet the deadlines of individual production tasks during shift
➢ Report on defective products or machinery
➢ Check stock levels and report deficiencies in products or raw materials
➢ Keep the worksite clean to avoid hazards from chemicals and fragile products
➢ Review and follow manufacturing manuals to build machinery
➢ Ensure shipping procedures are timely
➢ Follow the company’s safety and quality guidelines
E. Management Proposal
Leadership Style
The proposed business will use the Democratic or Participative Style of
Leadership, Affiliative leadership style, Strategic leadership style, Laissez-faire style
wherein it is a leadership style with a blend of task-oriented and people-oriented leaders.
The Board of Directors and different Share Holders will provide policies and guidance,
while the management will do the day to day operations and implementations of the
approved Plans and programs. Share Holders will have one vote and can be voted upon
during the election base on the election policy.

117
Increased Morale
Democratic
Job Satisfaction
Growth and
Development Laissez-faire
Leadership Style
Affiliative
Boost Productivity
Strategic
Promote Innovation
Enhance Value
Creation
Create Efficiencies
Figure 3.2
Leadership Style
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Leadership Style core of a team dynamics and communication, company
culture, vision and strategy to be effectively inspires wherein drives both individual
and business growth.
• Democratic Leadership Style
The firm will apply Democratic Leadership Style wherein encourage
empowerment and brainstorms to get a wide range of ideas from group members.
Lead to innovation, unique problem-solving processes, and creative solutions.
• Strategic Leadership Style
The business also implement a Strategic leadership requires the potential
to foresee and comprehend the work environment. It requires objectivity and
potential to look at the broader picture create organizational structure, allocate
resources and express strategic vision
Functional strategic leadership is about inventiveness, perception, and
planning to assist an individual in realizing his objectives and goals.
• Laissez-Faire Leadership Style
To be effective management further will apply Laissez-faire leadership
whereabout Self explanatory, trust and reliance on the employees. Let employees
use the creativity, resources, and experience to help them meet their goals. This
kind of leadership is very hands-off the managent trust employees and are
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confident in towards the abilities. Give guidance and take responsibility where
needed, This leadership style subordinates, and team members have the real lead.
• Affiliative Leadership Style
Lastly An affiliative style concentrating on creating a harmonious working
environment and building emotional bonds.
This tact proves particularly helpful during stressful circumstances, help to motivate
employees to continue through the tough times.
Business Policies
Employment Policy
Ensure equality and promote diversity in the workplace.
Customer Quality Policy
Quality assurance the highest standards of customer service and maintaining the
standards by continuous evaluation of employees and resolution processes.
Non-Discrimination Policy
Discrimination against race, color , gender, religion and disability will not tolerated
by the management.
Workplace Safety Policy
The firm ensures that striclly compliance to safety rules to protect the
employees and workers.
High Quality Policy

120
Provide the customer with goods and services to the agreed
requirement in accordance with the details and price.
Customer Policy
No Return, No Refund Policy
Customers are well informed returning goods are not allowed to return or
get refunds for products they have purchased.
Product Warranties and Returns
A warranty of the product purchased to be returned, replaced, or repaired
within a specific date indicates on the manual. A warranty cover all kinds of
damage or be limited to specific defects. Certain actions, such as
misuse,negligence may render a warranty invalid,
Credit Policy
Different payment method are accepted of the businesss via acquiring products.
Business Hours
From 9:00am in the morning the business open and operating and 6:00 pm
in the evening is the closing tentatively Monday to Saturday.
Personnel Policy
Uniform Policy
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Strictly uniform attire must be maintained to create a casual working
environment
Punctuality Policy
Employees are expected to report to work as scheduled, on time and prepared to
start working. Employees also are expected to remain at work for their entire work
schedule. Late arrival, early departure or other absences from scheduled hours are
disruptive and must be avoided.
Alcohol and Drugs Policy
In compliance with the Drug-Free Workplace Act of 1988, Alcohol
and drug misuse poses a threat to the health and safety of the firm employees
and to the security of the company's equipment and facilities. The business is
committed to the elimination of drug and alcohol use and misuse in the
workplace.
Health and Safety Policy
Provide and maintain work systems that are safe and without risks
to health. Ensure employees can operate, handle, store, and transport tools
and other equipment without health risks. Provide training and supervision to
employees to ensure the safety and health
Customer Service Quality
Customer service representatives are expected to be polite and
professional when interacting with customers. Should strive to resolve any
issue in a timely and effective manner.

122
Contracts and Agreements Policy
The protocol for entering into contracts and agreements using the
organization's name must follow the terms and agreements.
Risks and Solutions (Swot Analysis)
Strengths
✓ Sustainable Technology
✓ Environment Alternative Solutions
✓ Environment friendly
✓ Better brand Image
✓ Increasing awareness among consumers
✓ Producer (Farmers) are benefited
Weaknesses
✓ Lack of awareness
✓ Lack of regulations and guidance
✓ Unhygienic
✓ Lack of field experience
✓ Untested Technology
✓ Lack of business fund
Opportunities
✓ Increasing Demand
✓ New Funds
✓ Market Situation
123
✓ Rising Awareness
✓ Reduce Reuse Recycle – reduces cost
✓ Effective value chain integration
✓ Companies adopt as marketing tool
Threats
✓ Climate Changes
✓ Competitors
✓ Market Situation
✓ Financial Trends
✓ Influence of external forces involved cannot be controlled
✓ Government influence
✓ Misleading customers
Waste Policy
To minimise waste generation at source and facilitate repair, reuse and recycling over
the disposal of wastes, where it is cost effective.
To promote environmental awareness in order to increase and encourage waste

minimisation, reuse and recycling.
To secure where possible revenue for recyclable material to reinvest into the
expansion of recycling opportunities available to the Company.
To ensure the safe handling and storage of wastes at all office locations and
construction sites.
To provide appropriate training for staff, supply chain partners and clients on waste
management issues.
To promote industry waste management best practice. To appoint competent

person(s) to provide waste management advice.
124
Plan for Management Growth and Development
Development
Allocating a Plan Cycle
Designate a activities
Management
Leader
Implementing
Tools
Conduct a
Research
Figure 3.3
. Plan for Management Growth and Development
1. Conduct a Research
125
To have an insight within organization assess a research to supervise the team
work porformance to analyze about the needs of areas of improvement and
address the problem within the firm,
2. Implementing Tools
Implementing appropriate method for workshop training and seminar to improve
the organization.
3. Designate a Management Leader
Focusing on developing strategies and designate management leader to
assist in strengthening a members weakness
4. Allocating activities
Distributing the work to the organization member to analyze the technique a
completing project and observe the changes and improvement of the team
compared to the last perpormance
5. Develop Planning Cycle
Continuously develop a planning cycle to enhance and improve the
management for the healthy and growth of business.
F. Project Schedule
GANTTH CHART
Activities Year 2022
January February March April May June July
126
Preparation for Feasibility

Study
Sourcing of Capita Needs
Looking for Location
Business Registration
Equipment Purchasing
Raw Materials Selection
Fixtures/Furnishing
Hiring/Training
Promotion/Advertisements
Start of Normal Operations

127

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1

A. NAME OF THE ENTERPRISE

the eco-friendly chandelier, which signifies an environmentally green product wherein

the firm focuses on providing a sustainable, eco-friendly product chandelier

that highlights and boosts Filipino cultural creativity and ingenuity.

Eco-light Co was a partnership business structure, each share ownership and

liability for partnership obligations to improve one's efficiency and effectiveness.

state of the low-income of the municipality sector by enhancing community capacity to

address poverty issues.

DESCRIPTIVE DEFINITION OF THE PROJECT

Eco-light. co aims to find ways to create a greener home by

suitable for any homeowner with a touch of native Filipino style.

The Eco-Chandelier is constructed entirely from upcycled,

native, and compostable concepts by transforming raw materials into eco-friendly

products. The eco-light believes that business is responsible for positively

D. VISION AND MISSION

Mission: Eco Light Corporation strictly adequately observes the manufacturing of

sustainability, reuse, or recycling with every product we distribute.

Eco-Light Co is firmly dedicated to the improvements of the environmental that

E. PROJECT'S LONG -RANGE OBJECTIVES

Eco-Light Co. Goals and Objectives:

• Improve Customer retention

• Promotes Green product

• Transform the community into a green community

• To gain profit by creating a high-quality product

• To improve the interior design of the household

• To provide job employment

• To reduce poverty and inequality by generating employment among poor

• To minimize waste disposal

• To increase awareness among consumers

• To support Local farmers and improve the economy

G. HIGHLIGHTS OF THE PROJECT

Name of the Business: Eco-Light Co.

Location: Purok 5 Gov Panotes Ave.

Daet, Camarines Norte.

Proponents: Pajarin, Maria Abegail P.

Rosales, Shekinah Rose E.

Fulgencio, Mary Joy A.

Form of Business Organization: Partnership

Return on Investment: 56.87%

Payback Period: 1year, 4 months and 10 days

Actual Operation: January 2023

Total Project Cost: 354,807.81

Financing Source: Partnership Contribution

Manufacturing development is an essential indicator of overall economic growth.

product to provide a sustainable chandelier product at a reasonable cost. Producing an

proponents could provide a job employment within Daet, Camarines Norte.

The source of funds of the entity will be equal contribution equity of

Project Timetable and Status

documents, equipment procurement and employee hiring and training.

H. Major Assumptions and Summary of Findings and Conclusion

The projected supply of the competitors (furniture shop) increases annually of 9%

leads to increase business profit and organizational growth.

the number of benefits the organizations will receive.

regulations that serve as guidelines for the entity.

Concluded the technical feasibility study, the production process is one of

production process involves allocating resources effectively, so everything is in place for

each production stage.

return from the investment.

The findings of the Socio-Economic Feasibility show the significant

benefits of the Sustainable Eco-Chandeliers within Economic, Environment, Government

Employees, and society. The eco-chandeliers contribute to the country's economic

boosting productivity, improving health, and growing competition, more broadly.