1

BUSINESS PLAN ON
FERO DE VINO

In Partial Fulfillment of the Course Requirements in the Program of

the Bachelor of Science in Business Administration
Major in Financial Management

CALDERON, MARK JHUN

GABTAN, ARSENIA B.
OLIPMPAIN, SAMIR K.
RAMOS, RENDEL A.
TEVES, DECHE

June 2023
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ACKNOWLEDGEMENT

The study would not be successful without the help of the people who

became part of this endeavor. The researchers would like to express their warmest

thanks and gratitude to the people who generously extended their support,

inspiration, encouragement, suggestions, criticisms, and guidance, which contributed

a lot to the completion of this business plan.

To the Almighty God, for guiding the proponents all throughout their journey

and challenges. Also, for providing them with the gift of life, health, wisdom, as well

as, for helping them along the completion of this paper.

To Ms. Judelyn P. Osorio, for her unending support and advice in the

development of this paper. Her guidance throughout the entire process boosted the

confidence of the researchers in pursuing this research study, and for the endless

motivation she provided.

To the panel of examiners, Mr. Aliemar Villasin, Ms. Denisa Suteu, MBA,

and Ms. Lovely Mae N. Abanto, CPA, for their unending advice, motivation in

continuing the study, the knowledge they have imparted in the preparation of the

study, and for sharing their experiences and expertise;

To their parents, for the financial, moral, spiritual support, as well as, for

encouraging them not to give up, trusting them during difficulties times, and inspiring

them to work hard to complete this study; and

To their classmates and friends, for sharing their resources, for the constant

physical and financial help, and for the prayers in the making of this paper.

- The Researchers

TABLE OF CONTENT
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Page

APPROVAL SHEET ii

ACKNOWLEDGEMENT iii

TABLE OF CONTENT iv

LIST OF TABLES vii

LIST OF FIGURES viii

I. EXECUTIVE SUMMARY 1

II. GENERAL COMPANY DESCRIPTION 2

Vision 3

Mission 3

Goals 3

Objectives 4
Business Philosophy 4

Legal Form of Ownership 4

III. PRODUCTS AND SERVICES 5

Description of Products and Service 5

Pricing Structure 6

IV. MARKETING PLAN 8

Marketing Research 8

Economics 12

Marketing Share 15

Products and Services 15

Competitive Advantage 15

Customer 16

SWOT Analysis 16

Niche 18

Strategy 18
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Promotion 19

Promotional Budget 19

Distribution Channel 20

Location 20

Revenue Forecast 21

V. OPERATIONAL PLAN 22

Production Process 22

Production Flow Chart 23

Location 24

Store Layout 25

Legal Environment 25

Personnel 27

Inventory 27

Suppliers 27

VI. MANAGEMENT AND ORGANIZATION 30

Organizational Structure 30

Job Description and Qualification 31

Professional and Advisory Support 32

VII. FINANCIAL PLAN 33

Start-up Cost and Capitalization 33

Source of Fund 33

Important Assumption 34

Projected Five-Year Balance Sheet 35

Projected Five-Year Income Statement 36

Projected Five-Year Owner’s Equity 36

Projected Five-Year Cash Flows Statement 37

Financial Ratios 38

Payback Period 38
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APPENDICES

Operating Expenses

Purchases

Sales Forecast

Costing

Business Logo, Business Tarpaulin

Survey Questionnaire on Fero de Vino

Curriculum Vitae

REFERENCES
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LIST OF TABLES
Table Page

1 Pricing Structure 6

2 Pricing Structure of Competitors 7

3 Historical Demand 14

4 Projected Demand 14

5 Market Share 15

6 SWOT Analysis 17

7 Promotional Budget 19

8 Revenue Forecast 21

9 Legal Environment 26

10 Supplier 28

11 Job Description and Qualification 31

LIST OF FIGURES
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Figure Page

1 Market Demand 9

2 Demographic Profile 9

3 Respondent’s frequency buying wine 10

4 Monthly Household Income 11

5 Age Group of the Respondents 11

6 Distribution Channel 20

7 Production Flow Chart 23

7 Store Location 24

9 Store Floor Plan 25

10 Organizational Structure 30
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Chapter I

EXECUTIVE SUMMARY

Fero de Vino is a beverage product derived from fermented mango fruit that

offers high quality drinks to provide nutritious wine in the community. The wine has

unique fruity aroma and smooth flavor that provides consumers with a delightful

experience.

Moreover, Fero de Vino envisions itself to become the best manufacturer of

top-quality mango wine in the wine industry of Davao region. The firm aims to be a

productive business in the municipality through producing innovative and nutritious

beverage to customers. In addition, the business will be run in a sole proprietorship,

in which the owner will hire personnel to manage the day-to-day operations of the

business.

Furthermore, Fero de Vino beverage offers one flavor of drink in different

prices and sizes of bottles (500 ml & 750 ml). The pricing strategy is based on cost

plus mark-up method as way to provide affordable product to customers and

determine its competitive advantage to compete in the market.

Additionally, the proponents conducted a face-to-face interview with its 150

respondents who are government employees and passers-by in barangay

Cambanogoy, Asuncion, Davao Del Norte, in order to gather valuable information

that will be used as bases in establishing its products. Based on the proponent’s

survey, 90% of the respondents are willing to buy Fero de Vino. Besides, the

business will use Multi-Channel Marketing Strategy as the key to market customers

who are not aware of the existence of the business. The business will promote its

products on different platforms through social media and tarpaulin.

Fero de Vino will be strategically situated along the highway in Purok 3,

Barangay Cambanogoy, Asuncion, Davao del Norte, ensuring a highly accessible

location. The business has established reliable suppliers for all the necessary
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ingredients and materials required in the production process. Moreover, the business

places a strong emphasis on adhering to industry standards in food production to

guarantee the safety of its beverage product. Operating hours for the business are

scheduled from Monday to Friday, commencing at 8:00 AM and concluding at 4:00

PM.

Fero de Vino will function with a team of four (4) dedicated personnel, each

assigned to specific roles: a bookkeeper, chemist, packer, and deliveryman. These

individuals will play integral roles in overseeing the business's operations and

ensuring the smooth day-to-day functioning. The initial capitalization for the business,

amounting to P250,000, will be sourced from the owner's personal savings. This

financial infusion will be crucial for several aspects, including procuring essential

equipment, securing raw materials, covering rental expenses, and addressing

various costs during the initial year of business operations.

After conducting a comprehensive assessment of the owner's projected

financial statements, it is evident that Fero de Vino is poised to be a profitable

venture. This conclusion is further supported by the thorough computation of the

projected financial statements covering a span of 5 years of operation. As a result,

the business has thoroughly analyzed its financial standing and viability. Notably, the

net income for the initial year amounts to 80,813.76. Additionally, the calculated

payback period indicates a relatively swift timeframe of 2 years and 9 months of

operation. These outcomes collectively demonstrate that the business is well-

positioned for a successful launch and can confidently proceed with investing its full-

time resources based on the projected business operations.

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Chapter II

GENERAL COMPANY DESCRIPTION

Wine has emerged as the preferred beverage choice due to its lower or

negligible alcohol content. This shift in preference has resulted in the growing

popularity of wines, leading to a significant transition from conventional strong

alcoholic beverages to wine across various consumer segments.

Fero de Vino is a manufacturer of pure mango wine flavor that offers high-

quality drinks. It is located at Purok 3, National Highway, Barangay Cambanogoy,

Asuncion, Davao Del Norte. The business is a sole proprietorship that aims to

provide innovative, healthy, and nutritious wine to the community. It also aims to offer

a unique taste that satisfies the customers’ needs and competes with other drinks in

the market. The business will operate from Monday to Friday, from 8:00 AM to 4:00

PM, and will be guided by its vision, mission, goals, and objectives.

Vision

The business aims to become the best manufacturer of top-quality of Fero de

Vino in the wine industry of Davao region.

Mission

 Provide innovative drink with nutritious flavor to customers.

 Develop good relationship with customers through providing good service and

offer most affordable price.

 Offer to employees a challenging and rewarding workplace that inspires loyalty

and success.

 Improve brand recognition and expand business branch.

Goals

The business Fero de Vino commits to:

 To offer the best wine products having best value and taste.
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 To ensure customer satisfaction and creates long-lasting relationship.

 Raise capital to strengthen the business.

Objectives

 Improve the production process by acquiring additional machines in the first

year of operation.

 Sales increase by 5% every year.

 Open another branch after payback period of operation.

Business Philosophy

In the midst of growing health concerns among consumers, the business is

dedicated to provide a safe and nourishing wine option that can contribute positively

to the well-being of all the customers. Its overarching objective is to deliver wine

products of exceptional value and taste, upholding the highest standards. Central to

the business’ approach is maintaining a wholesome environment. The business

prioritizes regular cleaning and sanitization of premises to ensure a healthy setting

that aligns with the commitment to customer satisfaction.

Furthermore, it is committed to foster a culture of excellent customer service.

Its aim is to establish strong relationships between the management team and

employees, enhancing the overall experience for both the staff and the individuals

who engage with the business. Through these efforts, it aspires to create a business

that not only offers outstanding products, but also promotes health, quality, and

positive interactions.

Legal Forms of Ownership

Fero de Vino operates as a sole proprietorship, enabling streamlined

decision-making and control. The business capital serves as the foundation for start-

up, ongoing operations, and any unforeseen expenses that might arise in the course

of business. The initial required capitalization for establishing this venture is set at P

250,000, encompassing all essential startup costs and expenditures.

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Additionally, our business partner is committed to adhering to the necessary

governmental regulations and obtaining the essential permits. These include

securing the Barangay clearance, Mayor's business permit, trade name registration

with the Department of Trade and Industry (DTI), certification from the Food and Drug

Administration (FDA), and formal registration with the Bureau of Internal Revenue

(BIR). This meticulous compliance with regulatory requirements ensures the

legitimacy of our business operations.

By meticulously following these steps, we are positioning Fero de Vino to

operate within legal boundaries while establishing a solid foundation for success in

the beverage industry.

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Chapter III

PRODUCT AND SERVICES

This section contains the details of the product and services of the business.

Fero de Vino business provides two (2) different bottle sizes such as 750mL, and

500mL, to provide the needs of the customers. In addition, this section shows the

pricing structure of each product.

Description of the Product and Services

The business will offer a new flavor of wine in the market with a pure mango

flavor that will provide tasty and safe wine to customers. The mangoes are extracted,

fermented, and well processed to achieve a great result of wine. The alcohol content

of wine is 8 to 9 percent, which is lower than the alcohol content of a typical wine

made from grapes, which generally range from 10 to15 percent. Furthermore, mango

production has experienced continuous growth in the last decades of the 20th

century (Onkarayya 1986; Baisya 2004). The production of wine from mangoes is

one of the alternative ways to use and convert surplus production into a valuable

product (Onkarayya 1986; Reddy 2005). Moreover, Manish Kasture, who is part of a

team of scientists based at Dapoli University in Maharashtra, is applying for patents

on wine made from cashew apples and blackberries. He explained, adding, "Grape

wine is available all over the world, but mango wines are healthier. They’ve

antioxidants and vitamins, and it has been associated with many health benefits,

including potential anticancer effects, as well as improved immunity and digestive

health. In addition, the organization maintains safety guidelines to serve the best

wine to the customers and ensure the satisfaction of every customer.

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Pricing structure

To determine the overall price of the product, the business will be using a

cost-plus pricing strategy that is based on the cost of the production. Essentially, the

price will depend on the cost at which the products are being purchased, and the

price of each bottle of wine is determined by adding a 50% percentage of the

manufacturing costs to the selling price to make a profit and cover all expenses. By

using this pricing method, the business becomes competitive, and its target market

can afford the product’s price. Moreover, the business will be able to compete and

survive in the long-term operation.

Table 1. Pricing Structure

Fero de Quantity Cost Markup Price

Vino (50%)
750 mL 1 Bottle 150 150 300

500 mL 1 Bottle 110 110 220

Business Name Wines Prices

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Seven Eleven (7/11) Novellina 375.00

Carlo Rossi 445.00

May 460.00

Hardy’s VR 700.00

Frontier 500.00

Eaglehawk 399.00

Franzia 399.00

Central
convenience Store
May 360.00

Maria Clara 315.00

Novellina 375.00

Table 2. Pricing Structure of Competitors

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Chapter IV
MARKETING PLAN

In this section, the marketing effort of a business to promote its products to its

customers are described. Also, it includes the researches on marketing and

economics, customers profiles, product description, competitive advantage, SWOT

analysis and promotional strategy and budget as well as distribution channels,

location, and sales forecast.

Market Research

The market research was carried out utilizing a questionnaire created by the

researcher to obtain the market perception that relevant to the business. The study

was conducted in Barangay Cambanogoy Asuncion, Davao Del Norte. It was

conducted through face-to-face surveys, and the proponents used the random

sampling method in gathering the data by giving a sheet of survey questionnaire to

the target market of the business. Moreover, the proponents conducted the survey

with 150 respondents from different districts out of 2,670 households in the said

Barangay. The survey had a positive outcome, in which 90% of the total respondents

are willing to buy Fero de Vino since it is new to their taste compared to other wines

in the market. Furthermore, the product is made from mango fruits which contain

many health benefits including potential anticancer effects, as well as improved

immunity and digestive health. The mangoes are extracted, fermented, and well

processed to achieve a great result of wine. The alcohol content in the slightly yellow,

sweet drink is 8–9 percent, which is lower than the alcohol content of a typical wine

made from grapes, which generally range from 10–15 percent. Additionally, the

business will have various suppliers within Davao Region who are producers of the

needed raw materials for the business operation to have an option if ever one

supplier cannot supply. The relevant information that was gathered will help the

business establish its product and provide the opportunity to operate the business.
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10%

Yes No

90%

Figure 1. Market Demand

Figure 1 shows that, based on the survey, 90% of the total respondents want

to buy Fero de Vino while 10% prefer not to buy the product. This high proportion

indicates that many people are likely to purchase the product, making it a good

opportunity to operate the business. As a result, customers will tend to buy Fero De

Vino.

9%

32% Hard Drinker

Moderate Drinker

Ocasionally Drinker
59%

Figure 2. Demographic Profile

Figure 2 shows the demographic profile of the market demand based on

lifestyle. According to the survey, 59% of the population are moderate drinkers, 32%

are heavy drinkers, and 9% belong to occasional drinker category. This indicates that

the business has great potential as the demand is very high.

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7% 3%

once a year
2-3 times a year
4-6 times a year

90%

100%
90%
80%
70%
60%
50%
40% 35%
30%
30% 25%
20%
10%
10%
0%
Birthday New Year Christmas Other Occasion

Figure 3. Respondent’s Frequency Buying Wine

This figure shows the total percentage of the target market in terms of their

frequency of buying wine. Out of 150 respondents, 90% will buy wine in 2-3 times a

year, 7% will buy wine 4-6 times a year, and 3% will buy wine once a year based on

their occasion during Birthday’s, Christmas, New Year and other occasion. It shows

that the data presented above will help the business to estimate how many products

to prepare within a month in order to avoid shortage or exceed of supply.

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0.22
0.33 10,000 below

10,000-20,000
Figure
21,000 Up
4. Monthly
0.45

Household Income

Figure 3 shows the percentage of the target market in terms of their monthly

income. 45% said that they have monthly income ranging from P10,000 to P20,000,

and 33% said that they have monthly income ranging from below P10,000. lastly

22% said that they have monthly income ranging from P21,000 and above. Based on

the survey, the data shows the capacity of the target market to avail the products.

150
130
110
90 82
70
50 45

30 23

10
-10 18-25 Years Old 26-30 Years Old 31 Years Old and above

Figure 5. Age Group of the Respondents

This figure shows the age group of the respondents. There are 45

respondents within the age group of 18-25 years old. Moreover, there are 82

respondents within the ae group of 26-30 years old and there are 23 respondents

who belong to the group of 31 years old and above.

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Economics

Restaurants and mobile food service activities industry accounts for majority

of establishments

The final results of 2017 Annual Survey of Philippine Business and Industry

(ASPBI) showed that a total of 28,932 establishments in the formal sector of the

economy were engaged in accommodation and food service activities. The number

of establishments in 2017 decreased by 6.3 percent compared with the 30,889

establishments in 2016. By industry, restaurants and mobile food service activities

accounted for the majority of the establishments numbering to 21,307 or 73.6 percent

of the total. This was followed by short term accommodation activities with 3,990

establishments (13.8%) and beverage serving activities with 2,836 establishments

(9.8%). On the other hand, other accommodation recorded the least number of

establishments of 327 or 1.1 percent. The percentage distribution of the number of

establishments for all accommodation and food service activities sector by industry

group in 2017 is shown in the Figure 1 (Philippines Statistics Authority).

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Asuncion is one of the known competitive municipalities in Davao del Norte,

where most of the people living here are working and have established their own

businesses as a source of income. Many entrepreneurs wanted to invest in the area

due to its high market demand and increasing population. With this, it is a great

opportunity to establish a Fero de Vino business in this area because a large number

of individuals will be able to obtain work and increase their purchasing power,

allowing them to buy and patronize the food and beverage industry. Furthermore,

Fero de Vino is in perfect competition. Where competitors existed, those were our

indirect competitors. They may have different flavors of wine and prices, but Fero de

Vino offers a new wine flavor in the market that does not exist in the municipality,

which makes it unique and encourages customers to buy. Also, the product offers a

reasonable price to compete with other businesses.

Fero de Vino identifies its target market, the employees of Cambanogoy

Asuncion Davao Del Norte. The average number of employees 2500 between 2018

and 2022. The table 3 and 4 show the historical demand and projected demand of

beverage product in Cambanogoy Asuncion Davao Del Norte.

Table 3. Historical Demand

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Year No. of Household

2018 2311

2019 2399

2020 2522

2021 2598

2022 2670

Table 4. Projected Demand

Year No. of Household

2023 2634

2024 2652

2025 2643

2026 2647

2027 2645

Number of prospects in the market 2,670

Frequency of orders by customers in a year 3

Number of potential customers 8.010

Average payment per order 260

Projected total industry sales in a year 2,0825,600

Projected percentage that company can 90%

attain
The Firms Market Share 1,874,340
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Number of prospects in the market 2,670

Frequency of orders by customers in a year 3

Number of potential customers 8.010

Average payment per order 260

Projected total industry sales in a year 2,0825,600

Projected percentage that company can 90%

attain
The Firms Market Share 1,874,340

Table 5. Market Share

Product and Services

The business will be the local distributor of new taste of wine to retailer and

wholesaler, who will offer high quality drink with affordable price compared to existing

wine products, to ensure customer satisfaction. Furthermore, the business promotes

its product to have a stronger impact on its target customer by placing signage,

tarpaulin and using social media to make the business known in the market. Before

distributing the product, the manager will see to it that all the products are in good

condition to avoid complaints from the customers.

Competitive Advantage

As the company’s competitive edge, the business offers new flavor of wine in

the market that has a nutritional value to customer by its flavor and provide products

made from good quality and fresh ingredients with clean and well sanitize working

environment. The business is the 1st local distributor of Fero De Vino with no existing

direct competitor that offers affordable prices compared to existing wine products.

Moreover, the wine industry in the Philippines is rampant, but Fero De Vino has

unique flavor, aroma, and tastes good that ensures customers satisfaction. Lastly, the

business hired personnel who are hardworking and product-oriented to ensure the

best quality of the product offer to customers and also the product is directly
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delivered to wholesale and retail store to ensure the safety of the product and

minimize the cost of the customers

Customer

The business will provide good quality products that would satisfy the needs

of the customer and meet their preference by offering safe and nutritious wine. The

business target customers are household professionals, non-professionals and

member of community who are capable of availing and buying the offered products.

Specially, the target is the 2,151 household of Barangay Cambanogoy, Asuncion.

SWOT Analysis

The internal factors such as strengths and weaknesses allow the business to

determine how the efficiency of the operations can be enhanced or maximized. The

business will also consider and concentrate on the sector that is requires

improvement and expansion. On the other hand, external factors, such as threats

and opportunities, help the business recognize the advantages and disadvantages

that may pose a challenge to current rivals in the market.

Table 6. SWOT Analysis

5P’S STRENGTHS WEAKNESSES OPPORTUNITIES THREATS

Product 1ST local Time Increasing Entrance of

produce wine consuming in demand of the new
fermentation product. competitors.
Quality of the process.
product and
availability of
raw materials.

Price Affordable price Price changes. Can offer bundle Unforeseen

compared to pricing on changes
existing wine wholesale
products. products. Competitors
may lower
their price.

People Well-rounded Tardiness Availability of local Employee

workers and applicants that can resignation.
laborious Lack of time be hired.
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employee
management Job
opportunities

Promotion Availability of Promotional Holiday’s discount Negative

the signage budget. customer
tarpaulin social feedback.
media.

Place Wide range of Limited Create own Mishandled

distribution in distribution to distribution products.
terms of the wholesalers. channel.
local.

Niche

The business provides a new taste of wine in the market made from mango

fruit which is rich in vitamins and minerals. Also, with the people’s lifestyle today, wine

become the most preferred beverage as it contains lesser alcohol content. Moreover,

the residents of Barangay Cambanogoy, Asuncion will be the prospective target

market of the business. Household members who age 18 years old and above are

the business target customer. From this group, there are different lifestyle ranging

from hard drinker, moderate drinker, and occasionally drinker.

Strategy

Developing business strategies is important to increase the chances of

success. This involves creating a business plan that outlines both long-term and

short-term strategies for the business. The long-term strategy of the business, is to

build brand awareness and relationships with customers through the use of social

media advancements and the availability of signage and tarpaulin. Furthermore, the

business will look for wholesaler and retailer stores where to distribute the product

with free delivery, eliminating the need for customers to pay additional shipping

charges. This is done as a way to encourage customers to increase their orders and

improve customer loyalty.

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Moreover, the short-term strategy of the business is to offer discounts to

wholesalers and retailers of the product. Upon opening, the business offers bundle

pricing and a 3+1 promo for the first order of customers. Also, a 10% discount is

offered to retailers and wholesalers who purchase large quantities of the product with

a minimum of 20 bottles per order.

Additionally, during the holiday season, specifically Christmas and New Year,

the business will offer a buy 1 take 1 promo. This will be the strategy of the business

to easily sell all the finished products and produce more supply for customers.

Promotion

To promote the business strategy, the business will use both traditional

marketing and digital marketing to reach offline and online audiences. This will be

achieved through the use of tarpaulins, signage, and the creation of active social

media channels. This channel will display the business profile information and

details, making it easy for customers to access information about the existence of the

business and directly contact the owner. These tools will help reach new and highly

targeted potential customers, while also providing an opportunity to build strong

relationship with customers.

Promotional Budget

The business will have a budget for promotion to inform people and to

advertise what is business all about. This will be done in order to establish strong

market presence to the residents of Barangay Cambanogoy, Asuncion Davao Del

Norte and nearby Municipalities. It will certainly bring an impact to the market sales of

the business.

Table 7. Promotional Budget

Particular Amount

Tarpaulin 1,400.00

Signage 5,000.00
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Total 6,400.00

Shown in Table 4 is the promotional budget which will be implemented for five

(5) years, since it will already reach its goal to build strong market presence in

Barangay Cambanogoy, Asuncion Davao Del Norte.

Distribution Channel

The business will be using both direct and indirect marketing to distribute the

product in order to extend the brand recognition of the business, and reach more

customers. The more intermediaries, the more sales and profit (Wholesaler and

Retailer). Also, the business will open up to 8 hours per day (from 8 am to 4 pm). The

business is a manufacturer and distributor of Fero de Vino product to wholesaler and

retailer stores. The company is looking for active wholesalers and retailers of the

product where to distribute the finish products. Then, the company offers free

delivery to assure the safety of the orders. These two intermediaries serve and sell

directly to the end consumer.

Wholesaler

Fero de Vino

Retailer

Figure 6. Distribution Channel

Location
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The proposed location of the business will be at Purok. 3, Barangay

Cambanogoy, Asuncion, Davao Del Norte. The business chooses the area because

there is potential on its area and it is nearby the Asuncion market in which the

customers will go direct in the said business.

Revenue Forecast

The sales will be based on the demand of the customers in the said location.

A projected sale will be determined through multiplying the price of the given product

by the estimated quantities purchased by the customers. The owner will come up to

1,872,000.00 for year one based on the market demand of the respondents as the

basis for the first-year forecasting, 1,965,600.00 for year two percentage about 5%

increase, 2,063,880.00 for year three percentage about 5% increase, 2,167,074.00

for year four percentage about 5% increase and the fifth year have 2,275,427.70.

Table 8. Revenue Forecast

Monthly Sales Year 1 Year 2 Year 3 Year 4 Year 5

156,000.00 1,872,000.00 1,965,600.00 2,063,880.00 2,167,074.00 2,275,427.70
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Chapter V

OPERATIONAL PLAN

Operational plan includes the structure of the business, and how the

business owner will perform its plan and strategy presented in the business plan.

Also, this objective is to provide the organization personnel a presentable image of

their task and responsibilities and how they perform it effectively and efficiently in line

with the goals and objectives established within the strategic plan.

Production Process

The production process will start after purchasing the ingredients. Then, the

personnel will prepare the materials, utensil, tools, and equipment needed for

fermentation. The mangoes will be transported with a clean bag into the processing

area. Ripe mango fruits will be washed thoroughly with distilled water and slice using

a sterile stainless knife. The mango pulp will be transferred to a clean blender that

has been previously disinfected. The blended mangoes will be transferred into a

clean pot and heated up to the boiling point. Enough sugar, water, and yeast will be

added to the mixture. After cooling, pour the mixture into another container and lock

the bottle with an airlock to secure fermentation. Then place the container into

preferred temperature. Wait for seven (7) days and strain the excess mango. Add

sugar for extra sweetness and place it back into the bottle to continue fermentation.

Lastly, wait for fourteen (14) days before serving.

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Production flow chat

1. Prepare all the 2. Wash and cut the

ingredients and mango
materials

4. Then add sugar 3. Place the mango in

and water the blender

5. Blend until it 6. Add yeast and mix

becomes pure together

8. After cooling
7. The blended
transfer to a secured
mangoes were
bottle for transferred into the
fermentation and clean pot then heat
secure airlock. up.

10. Place it back to

9. Wait 7 days and the bottle to continue
strain the excess the fermentation
mango then add process.
sugar for extra
sweetness.

11. Ready to serve

after 21 days of
fermentation.
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Figure 7. Process Flow Chart

Location

The proposed location of the business is at Purok 3 Cambanogoy, Asuncion

Davao del Norte. The business chooses this site since it is convenient for the target

customers to access the area. The location of the store is available for rent.

Moreover, the business location is accessible to deliver the product to the

wholesalers, retailers and direct customers. Also, the space is enough to operate the

production and display the product in the store.

Figure 8. Store Location

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Figure 9. Store Floor Plan

Legal Environment

Fero de Vino business shall operate properly and in accordance with

government regulations and requirements. The business must be formally registered

to the DTI with the name Mango Wine. Moreover, the company must meet all of the

relevant procedures, including Barangay Clearance and Business Permits from the

Mayor's Office, as well as obtaining certificates from the Bureau of Internal Revenue

(BIR) and Health and Sanitary Permit certification. Additionally, the business will

secure a certificate of food registration from the Food and Drug Administration (FDA)

ensuring that the product is safe to consume. As well as the labeling, packaging,

micro bacterial testing and good sanitary production of the business. The business

will also follow the rules and regulations

 26

Table 9. Legal Environment

Certificate that the business compiles with the

requirements of the barangay where the
Barangay Clearance business is located.

Business has to secure a mayor’s business

permit on the local government office where
Mayor's Business permit the business is located and operated.

A certificate to ensure tax compliance and to

be allowed to start business operations in the
BIR Certificate of Registration first place.

A certificate that confirms that the facility or

establishment has been inspect and meets
Health and Sanitary Permit the requirements needed.

This is the certificate of registration of your

DTI Business Name
Registration Certificate
Secure Certificate of Product
Registration in Food in Drug
Administration (FDA)
business trade name. It gives you the power
to use your registered business trade name
for the business operation. It also protects
your business name against being used and
registered by other business establishment.
Ensures that products have undergo a wide
range of tests to determine if they are of best
quality and are safe for consumers.

Personnel

Employees are the bases of a strong and long-running organization. In all

firms, they are considered as the greatest asset in the business because they work to

advance company success and strive to perform their daily duties. Mango wine

company will hire only four (4) workers as bookkeeper, chemist, packer and

deliveryman.

Inventory

Fero De Vino will have an inventory only in stocks and will purchase the

essential materials such as mango, wine yeast, sugar, and bottle that will used and

utilized for the whole month of production. The inventory method that the business
 27

will apply will be the (FIFO) First in-First out method, to have a good quality of the

product. In addition, the business practice standardizes and systematic fermentation

process to get the best result of wine, standardize in a sense on selecting raw

ingredients and systematize for accuracy of measurement.

Supplier

The business plans to establish contracts with multiple raw material suppliers

from the Davao Region. This strategic approach ensures a reliable supply of

essential ingredients and materials, allowing flexibility in case one supplier faces

limitations or disruptions. These contracted suppliers will serve as the primary

sources for the business's raw materials and ingredients.

Table 10. Supplier

Supplier Name Item Supplied Address Contact

number
Althea Feb Ybañez Mango Purok 3, 09267248952
Cambanogoy,
Asuncion, Davao Del
Norte
Marialyn Muños Mango Purok Villarosal , 09700587677
Magugpo, South,
Tagum City

Davao C, V, I Bottle Door 1 Macabiog, 09203833396

Capseals and Bldg. Sandawa Road,
bottles SIR Matina, Davao
City

Luychinco, Inc. Bottle ychinco, Inc., AADI, 0917 884 2683

(Packaging) Bldg., Villamor Street,
Bo. Obrero, Davao
City, Philippines
Gmall,TagumCity Wine Yeast, Purok Briz, Tagum
White Sugar City

Wine ‘N Shop Wine Yeast, R 5, Edc Building, Jln 0933 055 6002
White sugar Palma Gil St
Richard Sumalinog Mango Sulop, Davao Del Sur 09350213869

Balong Villamor Mango Upper Bigue, 09156868914

Barangay Dawan
Mati Davao oriental
 28

Rejoy Abangan Mango Mango Purok 5-B, 09751986792

North eagle 4 San,
Miguel Tagum City
Allan Intol Mango Digos City, Davao Del 09532610359
Sur
Davao Empty Wine Bottle Davao City
Bottle Supplier
AC Bottles and Wine Bottle Manga St.Tugbok, 09664072940
Containers Davao City, 8000
Davao del Sur
Victoria’s Bottle Wine Bottle Pioneer Ave. Tagum
Trading Davao Del Norte
JDS Bottle Trading Wine Bottle Blk. 2 Lot 9, Village, 09776550814
Barangay
Agdao Davao
Del Norte
 29

Chapter VI

MANAGEMENT & ORGANIZATION

Management is described as the people who designed an organization’s

structure and determine how different aspects of the organization will interact.

Management and organization entail six basic functions: planning, organizing,

staffing, leading, controlling and motivating.

Fero de Vino will be operated with four (4) personnel, who will be in-charge in

different working area and manage the business operation in order to serve the best

product to customers. There will be a bookkeeper, winemaker, packer and

deliveryman will receive their salary per month. The bookkeeper will manage the

financial statements of the business at the end of every year.

Manager/Owner

Bookkeeper

Winemaker Packer Deliveryman

Figure 10. Organizational Structure

 30

Job Description and Qualification

Table 11. Job Description and Qualification

Position Job Description Job Qualification

Responsible for the entire Bachelor's degree in
wine making process. Chemistry.
Chemist
Responsible for monitoring Must have experience of
the wine production making wine process.

Must have ability to manage

time and workload
effectively.
Packer Conduct cycle counts on High School graduate.
stocks, monitor inventories
level and wines expiry Male 21 years old or older.
dates.
Ability to follow verbal and
Carry out picking/ packing written instructions.
works in cold room
environment.

Maintain clean and safe

work environment.

Ensure product orders are

packed and moved
carefully.
Transport customer orders High School Diploma
Deliveryman on time.
Valid and current driver’s
Receive payments license.

Purchase raw materials Able to safely operate

delivery vehicle.
Responsible for recording NC III passer
Bookkeeper and maintaining business
financial transactions such Able to prepare review and
as purchases, expenses, understand a financial
sales revenue, invoices statement.
and payments.

The table shows the description and qualification for the interested applicant,

which will be willing to be part of the “Fero de Vino ". Furthermore, the purpose of
 31

having a job description is for the personnel’s awareness regarding their duties and

responsibilities in doing their operation.

Professional and Advisory Support

Due to the nature of the business, the owner needs professional guidance in

order to improve the production of the business, and to ensure the products is safe to

serve in the market. The business will seek an assistance to the bookkeeper to

record daily financial transactions and to ensure that the there is a financial report at

the end of every year. Wherein the owner will be updated regarding the flow of the

business.
 32

Chapter VII

FINANCIAL PLAN

The financial plan is a comprehensive document of the business wherein the

cash flows and financial performance is projected. Its importance is to control and

monitor the cash inflows and outflows and determine how much is needed to allocate

the expenditures and what strategies should be made to generate income. It focuses

on the start-up capital and cost of the business to show the overall performance. This

will prepare the business to set the prioritized goals and make necessary steps to

achieve it.

Start-up Cost and Capitalization

Pte-Operating Expenses Amount in Peso

Business Permits and Licenses P 8,000.00
Prepaid Rent (Good for 2 months) 20,000.00
Furniture and Fixtures (first 2 display 16,000.00
racks)
Food Supplies (Good for half-month) 20,500.00
Machine and Equipment 40,000.00
Delivery Vehicle 105,000.00
Promotional Expense 10,000.00
Renovation Cost 25,000.00
Reserved Fund 5,500.00
Total P 250,000.00
Start-up Capital P 250,000.00

The Table above displays the Start-up Cost Capital of the Mango Wine

Business that will be operated at Barangay Cambanogoy, Asuncion, Davao del

Norte.

Source of Funds

The business will be a sole partnership type of business and to be operated

with one personnel with his/her employees. The funds will be coming from the

owner’s savings or loan from the bank.

 33

Important Assumptions

 Sales increase by 5% every year (Appendix 4).

 The Cost of Sales increases by 5% every year (Appendix 5).

 The promotional budget will be 6,400 per year (Appendix 6).

 Utilities Expense will increase by 2% every year (Appendix 7).

 Business Permits and Licenses of the business will be 5,000 every year

(Appendix 8).

 Rent expense will increase by 1% every year (Appendix 9).

 Repairs and Maintenance will be 10,000.00 every year (Appendix 10).

 Gasoline expense will be 3,000.00 monthly and increase by 1% every year

(Appendix 11). Salaries Expense will increase by 5% starting from the 2nd

year of the business operation (Appendix 12.A).

 Premium Contribution is based on bracketing on employees’ salary and will

increase 1% every year (Appendix 12.B).

 The owner will withdraw 10% of the profit every year (Appendix 13).

 The straight-line method will be used in determining the depreciation

expenses (Appendix 14,17,19).

 Graduated Income Tax Return will be used in getting tax. (Appendix 21).
 34

Projected Five-Year Balance Sheet

Fero de Vino
Projected Financial Position
As of the Year 1, 2, 3, 4 & 5
Year 1 Year 2 Year 3 Year 4 Year 5
ASSETS
Current Assets
Cash 167,012.38 320,142.65 516,527.67 758,926.54 1,042,946.08
Total Current Asset 167,012.38 320,142.65 516,527.67 758,926.54 1,042,946.08
Non-current Assets
Furniture and Fixture 28,000.00 28,000.00 28,000.00 28,000.00 28,000.00
Less: Acc. Depreciation 4,700.00 9,400.00 14,100.00 18,800.00 23,500.00
Machine and Equipment 40,000.00 40,000.00 40,000.00 40,000.00 40,000.00
Less: Acc.Depreciation 3,580.00 7,160.00 10,740.00 14,320.00 17,900.00
Service Equipment 105,000.00 125,000.00 125,000.00 125,000.00 125,000.00
Less: Acc. Depreciation 9,000.00 18,000.00 27,000.00 36,000.00 45,000.00
Total Non-current Asset 155,720.00 158,440.00 141,160.00 123,880.00 106,600.00
TOTAL ASSETS 322,732.38 478,582.65 657,687.67 882,806.54 1,149,546.08
LIABILITY AND OWNER'S EQUITY
Owner's Equity 322,732.38 458,582.65 637,687.67 862,806.54 1,129,546.08
TOTAL LIABILITY AND
OWNER'S EQUITY 322,732.38 458,582.65 637,687.67 862,806.54 1,129,546.08

The figure shown above is the projected balance sheet of the business. It

records the financial position of the business and the owner may evaluate its financial

standing with the help of balance sheet. As a result, the Fero de Vino will have a

good standing of financing.

Projected Five-Year Income Statement

Fero de Vino
Projected Financial Performance
For the Year 1, 2, 3, 4 & 5
Year 1 Year 2 Year 3 Year 4 Year 5
Revenues:
Sales 1,872,000.00 1,965,600.00 2,063,880.00 2,167,074.00 2,275,427.70
Less: Percentage Tax 18,720.00 19,656.00 20,638.80 21,670.74 22,754.28
Total 1,853,280.00 1,945,944.00 2,043,241.20 2,145,403.26 2,252,673.42
Less: Cost of Sales 936,000.00 954,720.00 973,814.40 993,290.69 1,013,156.50
GROSS PROFIT 917,280.00 991,224.00 1,069,426.80 1,152,112.57 1,239,516.92
Less: Operating Expenses
Promotional Expense 6,500.00 6,500.00 6,500.00 6,500.00 6,500.00
Utility Expense 45,000.00 45,900.00 46,818.00 47,754.36 48,709.45
Permits and Licenses 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
Rent Expense 120,000.00 121,200.00 122,412.00 123,636.12 124,872.48
Repairs and Maintenance 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
Gasoline Expense 36,000.00 36,360.00 36,723.60 37,090.84 37,461.74
Salaries and Wages 515,904.00 541,699.20 568,784.16 597,223.37 627,084.54
HDMF/PHIC/SSS Prem.Contributio 55,782.24 56,340.06 56,903.46 57,472.50 58,047.22
Renovation Cost 25,000.00
Depreciation Expense 17,280.00 17,280.00 17,280.00 17,280.00 17,280.00
Total Operating Expense 836,466.24 840,279.26 870,421.22 901,957.18 934,955.43
Net Income Before Tax 80,813.76 150,944.74 199,005.58 250,155.39 304,561.49
Less: Income Tax 23.31 8,184.22
Net Income After Tax 80,813.76 150,944.74 199,005.58 250,132.08 296,377.27
 35

The table shown above is the projected income statement of the business for

five years. Income statement will help to evaluate the financial performance of the

business. As the result of the projected statement, Fero de Vine will have a good

financial performance and the business will also be good in operation.

Projected Five-Year Owner’s Equity

Fero de Vino
Projected Statement of Changes in Owner's Equity
For the Year 1, 2, 3, 4 & 5
Year 1 Year 2 Year 3 Year 4 Year 5
Owner's Equity Beginning 250,000.00 322,732.38 458,582.65 637,687.67 862,806.54

Add: Profit 80,813.76 150,944.74 199,005.58 250,132.08 296,377.27

Less: Withdrawal (10%) 8,081.38 15,094.47 19,900.56 25,013.21 29,637.73

Owner's Equity Ending 322,732.38 458,582.65 637,687.67 862,806.54 1,129,546.08

Owner’s equity will help the business for starting the business or for

expansion. The table above is the projected owner’s equity of the business, Fero de

Vino. There, it shows that the business will gain profits and can be used for the

expansion of the business.

 36

Projected Five-Year Cash Flows Statement

Fero de Vino
Projected Statement of Cash Flow
For the Year 1, 2, 3, 4 & 5
Year 1 Year 2 Year 3 Year 4 Year 5
Operating Activites
Cash Inflow
Cash Received from Customers 1,872,000.00 1,965,600.00 2,063,880.00 2,167,074.00 2,275,427.70
Total Cash Inflow
Payment for:
Purchases 936,000.00 954,720.00 973,814.40 993,290.69 1,013,156.50
Percentage Tax 18,720.00 19,656.00 20,638.80 21,670.74 22,754.28
Promotional Expense 6,500.00 6,500.00 6,500.00 6,500.00 6,500.00
Utility Expense 45,000.00 45,900.00 46,818.00 47,754.36 48,709.45
Permits and Licenses 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
Rent Expense 120,000.00 121,200.00 122,412.00 123,636.12 124,872.48
Repairs and Maintenance 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
Gasoline Expense 36,000.00 36,360.00 36,723.60 37,090.84 37,461.74
Salaries and Wages 515,904.00 541,699.20 568,784.16 597,223.37 627,084.54
HDMF/PHIC/SSS Prem.Contributio 55,782.24 56,340.06 56,903.46 57,472.50 58,047.22
Renovation Cost 25,000.00
Income Tax - - - 23.31 8,184.22
Total Cash Outflow 1,773,906.24 1,797,375.26 1,847,594.42 1,899,661.92 1,961,770.43
Total Cash from Operating Activities 98,093.76 168,224.74 216,285.58 267,412.08 313,657.27
Investing Activity
Cash Inflow
Payment for:
Machine and Equipment 40,000.00 0.00 0.00 0.00 0.00
Furniture and Fixture 28,000.00 0.00 0.00 0.00 0.00
Service Equipment 105,000.00 0.00 0.00 0.00 0.00
Total Cash from Investing Activities 173,000.00 - - - -
Financing Activity
Cash Inflow
Cash provided by the owner 250,000.00 0.00 0.00 0.00 0.00
Cash Outflow
Cash withdraw by the owner 8,081.38 15,094.47 19,900.56 25,013.21 29,637.73
Total Cash from Financing Activities 241,918.62 (15,094.47) (19,900.56) (25,013.21) (29,637.73)
Cash and Cash equivalents, beg. 0.00 167,012.38 320,142.65 516,527.67 758,926.54
Cash and Cash equivalents, end. 167,012.38 320,142.65 516,527.67 758,926.54 1,042,946.08
 37

Cashflow statement helps the business to observe the inflows and outflows of

funds. In the table above, it shows the projected cashflow statement of Fero de Vino

business. As a result, the business will be able to monitor the inflows and outflows of

cash of the business in terms of the operating activity, financing activity and investing

activity.

Financial Ratio

Financial ratios are used by the owner to compare the business’ strengths

and weakness to its competitors. It also helps the owner to observe and to determine

the financial status of the business. The following are the important financial ratios

will be used in the business.

Net Income After Tax 80,813.76 150,944.74 199,005.58 250,132.08 296,377.27
Net Sales 1,872,000.00 1,965,600.00 2,063,880.00 2,228,990.40 2,451,889.44
Profit Margin 4.32% 7.68% 9.64% 11.22% 12.09%

GROSS PROFIT 917,280.00 991,224.00 1,069,426.80 1,152,112.57 1,239,516.92

Net Sales 1,872,000.00 1,965,600.00 2,063,880.00 2,228,990.40 2,451,889.44
Gross Margin 49.00% 50.43% 51.82% 51.69% 50.55%

Net Income 80,813.76 150,944.74 199,005.58 250,132.08 296,377.27

TOTAL ASSETS 322,732.38 478,582.65 657,687.67 882,806.54 1,149,546.08
Return on Investments 25.04% 31.54% 30.26% 28.33% 25.78%

Payback Period 18,241.50

2
199,005.58
Payback Period 2.09 years

The figure above shows the projected financial ratio of the business within

five-year of the operation. Financial ratios are important in the business in order to

observe and evaluate the result of the financial statements. In the table, the business

has a positive result and its return on investment has 26.55% for the first year.

Therefore, the business will be operated well and its payback period is 2.87 years of

operation.
 38

APPENDIX

Appendix 1. Business Logo

Appendix 2.

Tarpaulin
 39

Appendix 3. Business Location

Expected Bottles
Prices (mark-up Sales per month
Particulars produced per Annual Sales
50%)
month

750 ml 300.00 300 90,000 1,080,000.00

500 ml 220.00 300 66,000 792,000.00
TOTAL 1,872,000.00

Appendix 4. Projected Sales

 40

Appendix 5. Projected Cost of Sales

Expected Bottles
Unit cost per Annual cost of
Particulars produced per Costs per month
Serve sales
month

750 ml. 150.00 300 45,000.00 540,000.00

500 ml. 110.00 300 33,000.00 396,000.00

TOTAL 78,000.00 936,000.00

Appendix 6. Promotional Expense

Particular Amount

Tarpaulin 1,400.00

Signage 5,000.00

Total 6,400.00

Appendix 7. Utilities Expense

Amount Year 1 Year 2 Year 3 Year 4 Year 5

Electricity 3,000.00 36,000.00 36,000.00 36,720.00 37,454.40 38,203.49

Water 750.00 9,000.00 9,000.00 9,180.00 9,363.60 9,550.87

Total 3,750.00 45,000.00 45,000.00 45,900.00 46,818.00 47,754.36

Appendix 8. Business Permits and Licenses

Annual Cost Year 2 Year 3 Year 4 Year 5

DTI 1,150.00 1,150.00 1,150.00 1,150.00 1,150.00

Barangay 500.00 500.00 500.00 500.00 500.00

Clearance
Mayor’s 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00
permit
BIR 500.00 500.00 500.00 500.00 500.00
 41

Sanitary 650.00 650.00 650.00 650.00 650.00

FDA 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00

Approved
Total P 5,000.00 P 5,000.00 P5,000.00 P 5,000.00 P 5,000.00

Appendix 9. Rent Expense

Monthly Year 1 Year 2 Year 3 Year 4 Year 5

Cost
10,000.00 120,000.0 121,200.00 122,412.00 123,636.12 124,872.48
0

Appendix 10. Repairs and Maintenance

Annual Cost Year 2 Year 3 Year 4 Year 5

P 10,000.00 P 10,000.00 P 10,000.00 P 10,000.00 P 10,000.00

Appendix 11. Gasoline Expense

Monthl Annu Yea Yea Yea Yea

y Cost al Cost r2 r3 r4 r5
P P P P P P

3,000.00 36,000.00 36,360.00 36,723.60 37,090.84 37,461.74

Appendix 12. A Salaries Expense

Daily Rate Monthly Rate Annual Cost Year 2 Year 3 Year 4 Year 5
Packer 445.00 10,680.00 128,160.00 134,568.00 141,296.40 148,361.22 155,779.28
Winemaker 445.00 10,680.00 128,160.00 134,568.00 141,296.40 148,361.22 155,779.28
Driver 443.00 10,632.00 127,584.00 133,963.20 140,661.36 147,694.43 155,079.15
Bookkeeper 11,000.00 132,000.00 138,600.00 145,530.00 152,806.50 160,446.83
TOTAL 1,333.00 42,992.00 515,904.00 541,699.20 568,784.16 597,223.37 627,084.54
 42

Appendix 12.B Employees Benefit

SSS Pag-Ibig (2%) Philhealth (2.75%)

PREM. (EE) CONT.(ER) PREM. (EE) CONT.(ER) PREM. (EE) CONT.(ER)
Position Monthly Rate
Packer 10,680.00 495.00 1,055.00 213.60 213.60 293.70 293.70
Winemaker 10,680.00 495.00 1,055.00 213.60 213.60 293.70 293.70
Driver 10,632.00 472.50 1,007.50 212.64 212.64 292.38 292.38
TOTAL 1,462.50 3,117.50 639.84 639.84 879.78 879.78
Premium Contribution
SSS 3,117.50
PAG-IBIG 639.84
PHILHEALTH 879.78
Total 4,637.12

Appendix 13. Owner’s Withdrawal

Profit 74,313.76 144,444.74 192,505.58 243,655.39 298,061.49

Withdrawal 7,431.38 14,444.47 19,250.56 24,365.54 29,806.15

(10%)

Appendix 14. Machine and Equipment

Qty. Amount

Airconditioned 1 P 16,000.00

Storage Jar 20 containers. 24,000.00

Total P 40,000.00

Appendix 15. Accumulated Depreciation - Machine and Equipment

Salvage Depreciation
Qty. Amount Useful Life
Value Expense
Airconditioned 1 16,000.00 10 1,200.00 1,480.00

Storage Jar 20 24,000.00 10 3,000.00 2,100.00

Total 40,000.00 3,580.00

Appendix 16. Furniture and Fixtures

 43

Qty. Amount

Tables and Chairs 1 set P 4,000.00

Display rack 4 24,000.00

Total P 28,000.00

Appendix 17. Accumulated Depreciation - Furniture and Fixtures

Useful Salvage
Qty. Amount Depreciation
Life Value Expense

Tables and
Chairs 1 set 4,000.00 5 500.00 700.00
Display rack 4 24,000.00 5 4,000.00 4,000.00

Total 28,000.00 4,700.00

Appendix 18. Delivery Vehicle

Quantity Amount

Delivery Vehicle 1 105,000.00

Appendix 19. Accumulated Depreciation - Delivery Vehicle

Useful Salvage Depreciation

Qty. Amount Life Value Expense
Delivery 1 105,000.00 10 15,000.00 9,000.00
Vehicle

Appendix 20. Depreciation Expense

Items Amount

Machine and Equipment P 3,580.00

Furniture and Fixtures 4,700.00

Delivery Vehicle 9,000.00

 44

Total Depreciation Expense P 17,280.00

Appendix 21. Graduated Income Tax Return

Appendix 22. Survey Questionnaire

SURVEY QUESTIONNAIRE

Mango Wine Good day! Thank you for voluntarily agreeing to take part
in this survey. The purpose of this study is to determine the viability and
marketability of a Mango Wine. This survey may take 1-3 minutes to
complete. Your response will be strictly confidential and will be reported only
in aggregate. Your time and opinion are greatly appreciated.

Name (Optional):

Sex: ( ) Female ( ) Male

Age:
 21-25
 26-30
 31-35
 36 and up

Occupation:
 Unemployed
 Employed
 45

 Others: _________

How much is your monthly income?

 10,000 below
 10,000-20,000
 21,000-49,000
 50,000 above

Direction: Just check your answer from the following questions

below.

Do you drink wine?

 Yes
 No

What kind of wines drinker you consider yourself?

 Hard Drinker
 Moderate Drinker
 Occasionally Drinker

When do you usually drink wines?

 Celebration
 Party Reunion

How often do you usually buy wines in a year?

 Once a year
 2-3 times a year
 4-6 times a year

Where do you usually buy your wines?

 7/11
 Central Convenience Store
 Others: _________

How much do you usually pay for a bottle of wine?

 150-200
 200-250
 250-300
 300 above

Have you heard about Mango wine before?

 Yes
 46

 No

Have you tried drinking Mango wine before?

 Yes
 No

Would you like to try to taste Mango wine?

 Yes
 No

If ever, we will produce and sell Mango Wine in Cambanogoy,

Asuncion would you patronize it?
 Yes
 No

CURRICULUM VITAE
 47

MARK JHUN CALDERON

Purok Patel 1, Gupitan Davao Del Norte
markyjhuncalderon@gmail.com
09174068496

PERSONAL DATA

Birthdate: June 26, 1997

Birthplace: Malay-Balay, Bukidnon

Age: 25 Years Old

Civil Status: Single

Father’s Name: None

Mother’s Name: Teresita C. Edisan

 48

Religion: Roman Catholic

Citizenship: Filipino

EDUCATIONAL BACKGROUND

Elementary: Lunga-og Elementary School

Secondary: Tagum National Trade School

Tertiary: Kapalong College of Agriculture, Sciences and Technology

ARSENIA B GABATAN
Prk. 5b Magatos Asuncion Davao del Norte
arseniagabatan@gmail.com
09518088474

PERSONAL DATA

Birthdate: May 5.2002

Birthplace: Sta. Maria Davao occidental

Age: 21

Civil Status: Single

Father’s Name: Alan c gabatan

Mother’s Name: Normelita Bacus Gabatan

Religion: Roman Catholic

Citizenship: Filipino
 49

EDUCATIONAL BACKGROUND

Elementary: Magatos Asuncion Elementary School

Secondary: Kapalong national high school

Tertiary: Kapalong College of Agriculture, Sciences and Technology

SAMIR K. OLIMPAIN
Prk. 4-A Sua-on, Kapalong, Davao Del Norte
samermutin@gmail.com
09635350962

PERSONAL DATA

Birthdate: September 21, 2000

Birthplace: Sua-on Kapalong, Davao del Norte

Age: 22years old

Civil Status: Single

Father’s Name: Omar Olimpain

Mother’s Name: Hanie Mutin

Religion: Islam

Citizenship: Filipino
 50

EDUCATIONAL BACKGROUND

Elementary: Sua-on Elementary School

Secondary: Sua-on National High School

Tertiary: Kapalong College of Agriculture, Sciences and Technology.

RENDEL B. RAMOS
Prk. 16 Cambanogoy, Asuncion, Davao Del Norte
rendelramos76@gmail.com
09652503170

PERSONAL DATA

Birthdate: September 28, 2000

Birthplace: Cambanogoy, Asuncion, Davao del Norte

Age: 22years old

Civil Status: Single

Father’s Name: Gerry Ramos

Mother’s Name: Maricel Ramos

Religion: Independent Baptism

Citizenship: Filipino

EDUCATIONAL BACKGROUND

Elementary: Cambanogoy Central Elementary school

Secondary: Asuncion National High School

 51

Tertiary: Kapalong College of Agriculture, Sciences and Technology

DECHE TEVES
P14 Sagayen Asuncion Davao del Norte
decheteves@gmail.com
09700289747

PERSONAL DATA

Birthdate: November 7,1990

Birthplace: Brgy Pamacaun Asuncion Davao del Norte

Age: 32 years old

Civil Status: Single

Father’s Name: Domingo T. Magunot

Mother’s Name: Conchita Sagandina Teves

Religion: Independent Baptist

Citizenship: Filipino

EDUCATIONAL BACKGROUND

Elementary: Magbaad Elementary school

Secondary: Asuncion Alternative Learning System (ALS)

Tertiary: Kapalong College of Agriculture, Sciences and Technology