OMOTECH COMPANY

A BUSINESS PLAN presented

to the faculty of the NATIONAL UNIVERSITY
In partial fulfillment of the requirements for
THE ENTREPRENEURIAL MIND

Submitted by:

Leader: Borbon, Christian Symon B.

Members

Aquino, Trisha

Blancaflor, Joana Ellayne C.

Cuison, Shainah

Salas, Mark Andrei G.

Teh, Mark Andrei

Date Submitted
 TABLE OF CONTENTS

EXECUTIVE SUMMARY Page No.

BUSINESS DESCRIPTION Page No.

BUSINESS/ ENTERPRISE NAME Page No.

NATURE OF BUSINESS Page No.

VISION Page No.

MISSION Page No.

CORE VALUES Page No.

OBJECTIVES Page No.

DESCRIPTION OF PRODUCT/SERVICES Page No.

MARKET ANALYSIS Page No.

TARGET MARKET Page No.

TARGET MARKET UNMET NEEDS Page No.

ESTIMATED MARKET SIZE Page No.

DEMAND ANALYSIS Page No.

EXISTING COMPETITORS Page No.

SWOT MATRIX Page No.

MARKETING STRATEGY Page No.

SALES STRATEGY Page No.

PRODUCT (Value Proposition) Page No.

PRICING Page No.

PLACE Page No.

PROMOTION Page No.

PEOPLE (Customer Relationship) Page No.

 PROCESS (Step-by-step) Page No.

PHYSICAL EVIDENCE Page No.

BRANDING ELEMENTS Page No.

PRODUCT PACKAGING Page No.

ENTERPRISE SHIRT Page No.

FINANCIAL PLAN Page No.

START-UP CAPITAL Page No.

CAPITAL CONTRIBUTION Page No.

SOURCES OF FINANCING Page No.

APPENDICES

Appendix 1: Survey Questionnaire Page No.

Appendix 2: Market Research Results Page No.

Appendix 3: Business Implementation Action Plan Page No.

Appendix 4: Correspondence Page No.

Appendix 5: Lean Canvas Form Page No.

Appendix 6: Other Research and Supporting Documents Page No.

Appendix 7: References/ Work Cited (APA 7th Edition) Page No.

 EXECUTIVE SUMMARY
In our time, technology is popular with the masses in all different aspects. These changes are
helpful to humans but some are still not keeping up with these changes. One of them are the visually
impaired people. Entrepreneurs came up with a solution to each of these pre-existing issues, and that
is the innovation of creating a portable machine vision of assistive Philippine bill recognition for the
visually impaired named Makita. The researchers measured all the materials to fit in the case. After
measuring, the color sensor, MP3 Module, Audio Amplifier, Color sensor and charging module to
the microcontroller were connected. For making the case, researchers made a mold out of black big
PVC pipe based on the dimensions of the variables. After constructing, strengthening, and polishing
the case, the battery was also inserted together, making it compact. The robot was then tested. The
researchers conducted a sensor test that resulted to 100%, 100%, 60%, 100%, 100%, and 90% rates
on 20, 50, 100, 200, 500, and 1000 Philippine peso bills. Makita recognized the 20, 50, 200, and 500
Philippine peso bills on all ten trials. With this invention, visually impaired people can now
distinguish the cash for its effectiveness in recognizing colors corresponding to each Philippine
banknote. Moreover, results proved the effectiveness, durability, and convenience of Makita.
Omotech is a company that focuses on helping visually impaired people by innovating a
product that will help the mentioned people manage their finances. By focusing on its strengths, key
customers, and underlying core values, Omotech company will increase sales to more than 300,000
pesos in a year, while improving the gross margin on sales and cash management and capital.
.
This plan includes this summary, and chapters on the company, products & services, market
focus, action plans & forecasts, management team, and financial plan.

BUSINESS DESCRIPTION
Omotech Company is a company that deals with the usefulness of technology and creating an
innovation that would help people with their needs specifically, the visually impaired. We are
dedicated to discovering and launching breakthrough solutions that will benefit visually impaired
people worldwide. Our business aims to make innovations that would help visually impaired people
have an easier life by solving their problems. It aims to improve a disabled "blind" person's
functional abilities and for continuous innovation for technologies to solve their specific problems.

VISION
To empower the lives of visually impaired people by imposing innovative solutions and to
create a world where visually impaired people have equal access to information and opportunities.
MISSION
To develop and provide products that solve specific problems encountered by people,
especially visually impaired people.
CORE VALUES
Collaboration - Our company is open for collaboration with other organizations in order to
push positive changes regarding visually impaired people.
Innovation - We are promoting innovative and progressive answers to visually impaired
people in order to enhance their quality of life.
Compassion- Omotech values compassion towards our customers and in the field of work.
Reliability- Omotech always maintains and values the reliability of the company and its
products.
Integrity- Omotech prioritizes having strong moral principles in the business and in
materializing its goals and objectives.

OBJECTIVES
We aim to improve disabled "blind" people's functional abilities and for continuous
innovation for technologies to solve their specific problems. To achieve sales by creating a product
that would help our target market needs that offers unique value or benefits. By the year 2024, we
measured that we will have our own physical store so that our customers will have the chance to try
and interact with our product.

DESCRIPTION OF PRODUCT/SERVICES
An innovative product named “Makita.” It is a bill recognizer specifically Philippine
currency made from a box equipped with Color Sensor, LDR Resistor, DFP Mini Player, Mini
Player, Mini Audio Amplifier, 1200mAh Battery, and Arduino Nano V3.0 as the main brain.

MARKET ANALYSIS
Visually impaired people face many challenges in their daily lives, including identifying
different denominations of money. This has led to the creation of a market for money detectors
designed specifically for them. It is important to recognize that this market is significant, as there is a
large number of people who could benefit from this type of product. According to the World Health
Organization, there are approximately 285 million people worldwide who are visually impaired, with
39 million being completely blind. The market analysis indicates a promising future for money
detectors designed specifically for visually impaired individuals. With a large target market and
advancements in technology, manufacturers have an opportunity to develop innovative products that
meet the needs of this underserved community effectively. By focusing on product development and
implementing effective marketing strategies.
TARGET MARKET
People who are blind or have limited vision, regardless of their age, gender, or level of
wealth, are included in the visually impaired target market. As the population ages and more
individuals suffer chronic illnesses like diabetes and macular degeneration, which can cause visual
loss, this market is expanding. People who are blind or visually impaired have a wide range of
requirements and desires, including accessible products and services, assistive technology, and
support services. It is critical to address the individual demands of distinct groups when marketing to
this market, such as age, degree of visual impairment, source of vision impairment, lifestyle, and
technological needs.

TARGET MARKET UNMET NEEDS

It is an upgraded version of the development of algorithms for detecting authenticity and
nominal money in microcontroller-based blindness. Its color sensor functions to read the color of
objects that have been detected and is a component that could identify the color of the object to be an
electrical value.

ESTIMATED MARKET SIZE

The estimated market size of money detectors for the visually impaired is a topic of great
importance in today's society. With an increasing number of individuals suffering from visual
impairments, it is crucial to develop innovative solutions that cater to their needs. As of 2017, per the
Department of Health (DOH), the current number of persons with bilateral low vision in the
Philippines is 2,179,733 of which 43% (937,285) is due to Error of Refraction, 34% (741,109)
cataracts, and the rest is caused by glaucoma and other eye diseases. According to estimates, 332,150
people are bilaterally blind, of which 33%, or roughly 109,609, are due to cataracts, 25%, or 83,037,
are due to refraction issues, and 14%, or 46,501, are due to glaucoma. In this data we gather, our
estimated. By developing innovative solutions that cater specifically to this demographic's needs, we
can empower visually impaired individuals and enhance their ability to participate fully in economic
activities.

DEMAND ANALYSIS
EXISTING COMPETITORS

The iBill Talking Banknote Identifier: Currency reader is a small device that introduces the
value of a note in one of three ways: voice, tone pattern, or vibration pattern. Insert a note into the
device and press the side button to identify the denomination. The currency reader cannot tell the
difference between genuine and counterfeit banknotes. It is about the size of a key fob and can be
carried in a pocket or purse, clipped to a belt, or attached to a keychain or lanyard. It runs on a single
AAA battery, which typically lasts more than a year. Makita will use a colour sensor that will
recognize the colour of the bill.

EyeBill-PH: A Machine Vision of Assistive Philippine Bill Recognition Device for

Visually Impaired. Money is a great resource that will allow you to manage your life. The exchange
of goods for products is an old custom, and you can't buy something you want if you don't have any
money. It's simple to use money; simply glance at the currency, withdraw the appropriate amount of
cash, and you're done. However, for those who are blind, this may be a difficult task. Identifying
money, particularly paper currency, is one of the most significant issues confronting visually
impaired people. This research focuses on this issue and is based on a machine vision technique
known as object detection. Makita is a device, product, item or machine that is used to improve a
disabled person's functional abilities. The primary goal of a visually impaired assistive device is to
make the user capable, independent, and self-sufficient. People with visual impairments typically
struggle to distinguish between paper currencies due to the approximate similarities in paper texture
and size. As a result, the role of this system is to devise a solution to this problem in order to give
blind people confidence in their financial approach. We developed a device called Makita for
currency recognition to address this issue for blind users.

Currency Identification Device for Visually Impaired People Based on YOLO-v5: A

normal person can easily identify and recognize any banknote, but it is extremely difficult for
a visually impaired or blind person to do so. Currency plays an important role in our daily lives, and
real-time detection is essential. Any commercial transaction necessitates research and analysis.
Detecting banknotes appears to have become a requirement for a security guard person, particularly
for the blind or those with visual impairments There are many visually impaired people. Indian
citizens’ currency notes are nearly the same thickness and size, making identification difficult. to
assist a visually impaired person in identifying currency notes The YOLO-v5 CNN model-based
banknote detection and classification A fast and accurate recognition device is proposed for this
purpose.
SWOT MATRIX

Strengths Weaknesses Opportunities Threats

 Its ability to  The innovation  Partnerships  Big companies
provide may have with financial may enter the
independence limitations in institutions market with
and autonomy accurately could lead to similar
to visually detecting investment or products and
impaired damaged bills even free with better
individuals  Money distribution of features since
 Accurately detectors can these devices funding is not
detecting be expensive to to visually a problem for
Philippine purchase and impaired them
currency maintain customers  Hackers may
 This attempt to
innovation is  More tamper with or
portable and technological hack this
ease of use innovation for innovation,
Makita rendering them
ineffective or
even causing
them to give
false readings

MARKETING STRATEGY

To effectively market our product, a comprehensive marketing strategy is a must, which

focuses on promoting money detectors for visually impaired individuals.

 Creating Awareness: By the use of social media platforms, trials, relevant

events, and institutions.
 Seeking Partnership: Partnering with financial institutions, offering incentives
and discount through official channels. Seeking customers feedback regularly.
 Social media influencers: Creating video as their content in social media who
have visually impaired in their family about the money detector's features and
advantages and posting in all the social media platforms.

By implementing these strategies effectively, we can ensure that our product reaches its
intended target market customers while making a positive impact on their lives.
SALES STRATEGY

Sales Promotion - Our company will offer discounts or specials deals for them to be convinced to
buy our product.
Sales Campaigns - We would create specific marketing campaigns to boost our sales and to promote
our product in the smartest way possible for different market segments.
Consultative Selling - We will focus on understanding our consumers' wants and needs to provide
them custom-made solutions.
Social Selling - We will incorporate our company to social media platforms to anticipate
encouraging leads.
Team Collaboration – Our company will promote collaboration among sales and marketing teams
to align projects and sales.

PRODUCT (Value Proposition)

"Makita" is a life-changing gadget that promotes financial independence and security for the
visually impaired. It redefines how you see and interact with money due to its unsurpassed accuracy,
user-friendly design, and particular currency support. We've harnessed advanced technology to
ensure unmatched accuracy. Our device can distinguish between different Philippine Bills. Rest
assured that every transaction you make is secure.

Voice Alerts: Offers high-end voice alerts for quick and convenient money identification. Long-
lasting Battery: "Makita" boasts an extended battery life, so you can rely on it all day long without
worrying about recharging.

Dedicated Customer Support: We're here for you. "Makita" comes with dedicated customer
support to answer any questions, address concerns, and provide assistance when needed.

Total Independence: "Makita" empowers the visually impaired to handle their finances
independently. It detects money; it provides vital information via clear, natural-sounding voice cues.
No more relying on others for basic financial transactions.

PRICING

MATERIALS:

This part indicates the material used:

 The following materials were purchased and gathered for assembling the Makita:

Arduino Nano V3.O TCS3300 Color Sensor Module

4gb Micro SD Card DFP Mini Player

PAM8403 Mini Audio Amplifier TP4056 Lithium Battery Charging Board Module
 Lithium-Ion Battery Super Glue

Soldering Iron Long Nose Pliers

Soldering Pump Cable Wires

 Soldering Lead Multimeter Tester

Soldering flux Drill

PVC Black Pipe Rocker Switch Double Pole

 PVC Plastic Sheet Small screw

Materials Prices
Arduino Nano V3.0 149
TCS3300 Color Sensor 195
Module
4gb Micro SD Card 95
DFP Mini Player 70
PAM8403 Mini Audio 170
Amplifier
TP4056 Lithium Charging 29
Board Module
PLACE
Lithium-Ion Battery 48
We are planning to put
our location in Tarlac.
According to our research, in
Rocker Switch Double Pole 71
2014, there was this foundation
that started PVC Plastic Sheet 44 working in the
Small Screw 30
Hinge 28
TOTAL 920
Philippines, specifically in Tarlac, to develop a sustainable eye health program. Santa Rosa - Tarlac
Rd, Tarlac City, Tarlac. The online website is also included in our chosen place since we want our
products to be accessed in online.

Geographic Location

Santa Rosa - Tarlac Rd, Tarlac City, Tarlac (15°29'13.7"N 120°36'04.3"E)

PROMOTION

We are dedicated in promoting our product by collaborating organizations related to visually

impaired people, specifically the blind.org.ph. We launch a promotional video in which will help us
to boost our product.

 Partnerships with relevant organizations while also collaborating with financial

institutions and government agencies
 Flyer’s distribution: highlight the unique features and benefits of the money detector
 Offering demonstrations or free trials at relevant events

PEOPLE

Employees - A person who is employed by another individual or business to carry out a task.
Company and the party they work for usually have a written or implicit employment contract with a
set pay rate. Depending on the demands of your business, you can recruit a variety of worker classes.
Customer - Anyone who purchases goods or services from any business is considered a customer.
Customers are important since they bring in money. Businesses would be unable to exist without
them. “The customer is always right” they said, because they are the ones who purchase product or
service.
Suppliers - A supplier purchases products from several producers and resells them to clients. They
are the ones who supply goods or services to all companies for them to sell it.
Partners - A business partner undergo in several practice or meeting to approve both companies’
alliance. This can be contractual for them to assure their loyalty. The both party needs to trust each
other for them to run the business well.

PROCESS (Step-by-step)

First step: Once Makita is created our customer can access our products and purchase them in our
online website.
Second Step: after placing order the estimated time of arrival in their certain destination will mostly
take 2-7 days of delivery depending of the location of customer. Payment process in ordering Makita
which we included the uses of online payment like G-cash or Online Banking and cash on delivery.
Once they availed the Makita the company has a warranty in the span of 6-months money-back
guarantee.
Third step: The customer may now wait until the delivery of Makita which will be delivered by our
partner logistics company and enjoy the fulfilling benefits of our product once arrived.

PHYSICAL EVIDENCE

As a notion in a business strategy, physical proof is particularly pertinent to service-oriented

or highly customer-focused organizations. When clients contact with our business, they are
interacting with actual items or indications.

BRANDING ELEMENTS
 In this logo that the company created it represents how our product converts or illustrate the
product’s purpose. It shows the read-to-speech variable that is essential to our target market of
visually impaired. Color palette of the logo consists of white, blue, and black. The color white is
frequently used to depict blindness since it is the color of the sclera, the white component of the eye.
White is typically connected with nothingness or emptiness; hence it can also signify the loss of
vision. Since the sky and the ocean are two items that are frequently connected to emptiness and
infinity, the color blue is frequently used to symbolize visual impairment. It may also symbolize the
challenges visually impaired persons encounter when attempting to navigate their surroundings.
Since black is the hue of darkness, which is what blind people perceive, black is frequently used to
symbolize blindness. It can also represent the power and resilience of the visually impaired
community. These hues, when combined, form a visual depiction of the visually impaired
population, highlighting their potential, the assistance they get, and their tenacity in the face of
adversity. This combination indicates that a person's visual impairment is only one component of
their identity and does not determine their value or potential.

PRODUCT PACKAGING
 FRONT VIEW

The front view of Makita is where the logo of our school and Makita itself is located. The
logo size is 3 by 2 inches and at the top you will see a lace holder for an easy to go device.

BACK VIEW
At the back part of the device is where the battery compartment is located. These battery
compartments are covered and locked by screw, available for replacements once it is totally used up.

BOTTOM VIEW

The bottom part of the Makita is where the money port can be seen. This is where the money will be
inserted and will be read by the device for the user.

UPPER VIEW
The upper view is where the charging port is located and the holder. Makita has 1200 mAh capacity
and the charging time is 3 hours. The holder can be used for putting ID lace on the device so that the
user can easily access the device when outside.
LEFT SIDE VIEW

The left side view is where the speaker located for the read-to-speech variable. The researchers used
Mini Audio Amplifier for the speakers.

RIGHT SIDE VIEW

The right-side view is where the button located. The user can turn the device on and off when not
using it to save battery, energy and can last longer.

ENTERPRISE SHIRT
Our company created to types of shirt which black and blue. This enterprise shirt are worned
by the staff and also can be sell through online so that our customer would have a chance to buy our
shirt. In the front we inserted the product logo and in the back the name of the product.

FRONT VIEW (Black) BACK VIEW (Black)

 FRONT VIEW (Blue) BACK VIEW (Blue)

FINANCIAL PLAN
A financial plan is a comprehensive and structured strategy that individuals, businesses, or
organizations develop to manage their monetary resources, achieve their financial goals, and secure
their financial future. A financial plan provides a structured framework to help individuals and
organizations make informed financial decisions and work toward achieving financial security and
prosperity. It promotes responsible financial behavior, wealth accumulation, and a sense of control
over one's financial future.

START-UP CAPITAL (table type)

 Start-up Assets
Production equipment and tools 45,000
Product materials 45,000
Office supplies 10,000
Office furniture 30,000
Total start up assets 130,000
Start-up Expenditures
Taxes and licenses 5,000
Rent expense (1 year) 200,000
Salaries expense (2 months) 40,000

Capital Training expenses 10,000

Marketing expense (2 months) 15,000
Freight expenses (2 months) 5,000
Office fixtures 30,000
Utilities expense (2 months) 15,000
Total Start-up expenditure 320,000
Contingency/Emergency fund 50,000
Total Start-up cost 500,000
Contribution
Omotech has adopted a partnership business model as the foundation of operations. This type
of business structure involves collaboration and cooperation between two or more individuals or
entities who work together to achieve common objectives. The partners’ capital contribution for
Omotech is as follows:

Name Contribution % of Shares

Aquino, Trisha ₱66,666.67 16.67%
Blancaflor, Joanna Ellayne ₱66,666.67 16.67%
Borbon, Christian Symon ₱66,666.67 16.67%
Cuison, Shainah ₱66,666.67 16.67%
Salas, Mark Andrei ₱66,666.67 16.67%
Teh, Mark Andrei ₱66,666.67 16.67%
TOTAL 400,000 100%
Sources of financing

Partner’s Capital 400,000

Bank Loan 100,000
Total Start-up Capital 500,000

APPENDICES
Appendix 1: Survey Questionnaires

1. Are you having a hard time buying something because of your condition
-Yes
-No
2. Have you encountered conflicts regarding with your situation that involves money
-Yes
-No
3. In a scale of 1-5 with 5 being the highest, how beneficial do you think it would be for
visually impaired people to use money recognizers
1 2 3 4 5

4. How does this product help the visually impaired in their daily activities

-Avoid Scams or getting cheated

5. Are you partially or completely blind?

-Partially
-Completely

6. If partially, can you recognize Philippine money

-Yes
-No
7. Do you have any relatives or someone to guide you?
-Yes
-No
8. Do you think everyone around you can be trusted with money
-Yes
-No
9. If not because of our product, do you think your problem with recognizing money will be
solved?
-Yes
-No
10. How do you handle or store your money
-Bank
-Wallet
-Family/ Relatives help
11. Do you think money recognizers designed for visually impaired people will improve their
financial experience
-Yes
-No
12. Have you ever heard of money recognizers
-Yes
-No
13. If available, will you buy a money recognizer such as our product
-Yes
-No
14. Rate the efficiency of money recognizer for visually impaired people

5- Excellent 4- Good 3- Average 2- Bad 1-Worst

Appendix 2: Market Research Results
 Appendix 3: Business Implementation Plan

1. The researchers began by creating a blueprint in TinkerCad. An application that displays

product dimensions and material configurations. To ensure and complete the product design,
the researchers initially drew the design and features of Makita on a sheet of paper. After
ensuring the product's outcome, the design was converted into a digital copy. The design also
incorporated button and port placement.
2. The researchers gathered the materials that were included in the blueprint which were the
Arduino Nano V3.0, TCS3300 Color Sensor Module, LDR (Resistor), 4GB Micro SD Card,
DFP Mini Player, PAM8403 Mini Audio Amplifier Board, TP4056 Lithium Battery Charging
Board Module, acrylic panel, and lithium-ion battery. The materials were bought from
different places. For instance, Arduino Nano V3.0, TC3300 Color Sensor Module, LDR
(Resistor), DFP Mini Player and PAM8403 Mini Audio Amplifier Board was ordered from a
trusted shop through an online shopping application, specifically Shopee. The tactile switch
and lithium-ion battery was then purchased at a near electronic shop in Muzon, San Jose del
Monte, Bulacan. Lastly, the acrylic panel were found in a hardware. Other materials used
were: Markers, tweezers, spray paint, and putty or filler which are all applicable in
constructing the case.

The researchers proceeded to the steps in constructing the product.

1. First, the researchers measured all materials that was used to accurately distinguish if it can fit
the case.
2. After measuring, researchers connected the color sensor, MP3 Module, Audio Amplifier,
Color sensor and charging module to the microcontroller, soldering iron and lead was
necessary for wiring the circuits of the respected materials and into the microcontroller. Note
that there are precautionary measures done. For instance, the researchers wore gloves and
mask so that no harm was inflicted.
3. Next procedure was the construction of the case. For making the case, researchers made a
mold out of black big PVC pipe based on the dimensions of the variables (Arduino Nano
V3, Color Sensor Module, LDR, DFP Mini Player, Mini Audio, charging module, Circuits
and Wires) that were inserted when the casing was done. The researchers used a schematic
diagram for reference in the wiring of the materials.
4. The heat gun was used to melt the big black pipe to make it softer and easily to mold as flat
panel. After melting the pipe, the researchers cut the melted pipe into desired length and
width. The panel also consisted of Arduino Nano V3, Color Sensor Module, LDR, DFP Mini
Player,

Mini Audio and Charging module. PVC pipe was used resulting to a sturdier and stronger
case.
5. When the application of black pipe and super glue was all dried up, a coat of putty was
applied. The putty was used for the finishing touches of the product, which resulted to a
smooth and fine exterior. Note that all these steps in constructing the case was done.
6. After constructing, strengthening, and polishing the case, the battery was also inserted
together, making it compact. The materials then were installed by a strong glue inside the case
to ensure durability and safety even when the product was vigorously dropped.
7. The charging module and Arduino Nano were also connected to the battery. Same
procedure was done which was gluing the diagram at the bottom part of the case where it was
most convenient and accessible to the user.
8. The materials were finally tested to see if it was still working properly and to made sure that
nothing has gone wrong specially for the connections of Color sensors, Arduino and switches
or buttons.
9. For enclosing the product, the researchers have used transparent hard plastic panel and put it
in the top part of the makita with the help of small screws. Then an exact amount of putty was
used to fill in the small gaps in the case.
10. The last method was done by designing the exterior product to make it more appealing and
to carry out a finished smooth look design. The product was decorated simply by spray
painting with the desired color, which are the black and teal green as a symbol color of
Makita.

Appendix 4: Correspondence
 Appendix 5: Lean Canvas

UNIQUE
UNFAIR CUSTOMER
PROBLEM SOLUTION VALUE
ADVANTAGE SEGMENTS
PROPOSITION
Top 3 Problems Unique value Visually
proposition: impaired people
Makita is an "Makita" isn't just - This production regardless of
● A vision
efficient and a device; it's a could only have their:
problem that durable device been made with
gives people a life-changing tool
especially that promotes the time, money, - Age
hard time seeing invented for and resources we - Gender
things financial
visually impaired independence and had. - Level of
● struggle to people: security for the Wealth
- We took steps to
distinguish - It uses visually impaired. ensure that our Early Adopters:
between paper Arduino With its product was individuals who
currencies Nano V3.0 unparalleled innovative and recognize the
- Color accuracy, user- would be difficult importance of
● Unable to friendly design,
Sensor to replicate or inclusivity and
identify currency - Ldr and specific obtain. accessibility in
due to their Resistor currency support, society.
conditions it redefines how - We develop our
you perceive and innovations to
interact with meet a set of
List Existing standards for our
money. Welcome
Alternatives customers, their
to a world where
 Assistive financial freedom quality cannot be
Technolog knows no bounds. readily imitated.
y: can be a KEY METRICS CHANNELS
 game- X and y analogy:
changer. MAKITA
With a CHANNELS:
range of Total
Customers Independence: Direct Store
devices Retention Rate:
and "Makita" Online Websites
how they empowers the
software at subscribe to the
their visually impaired Social Media
specific product or to handle their
disposal, service.
everyday finances
tasks such Customer independently. It
as Satisfaction: detects money; it
navigating, efficiency of the provides vital
and product to the information via
communic customer. clear, natural-
ating can Customer sounding voice
be made Adversity: all of cues. No more
easier and the challenges they relying on others
more experienced being for basic financial
accessible. visually impaired. transactions.
Customers Unparalleled
 Audiobook
Demand: it is Accuracy: We've
s and text-
based on their harnessed
to-speech
needs and wants advanced
tools can
Product technology to
make
Development - if ensure unmatched
written
the product and accuracy. Our
content
services is fully device can
accessible
developed and distinguish
to visually
well managed. between different
impaired
Philippine Bills.
people by
Rest assured that
converting
every transaction
it into
you make is
audio.
secure. Voice
Alerts: Offers
high-end voice
alerts for quick
and convenient
money
identification.
Long-lasting
Battery: "Makita"
boasts an
extended battery
life, so you can
rely on it all day
long without
worrying about
 recharging.
Dedicated
Customer
Support: We're
here for you.
"Makita" comes
with dedicated
customer support
to answer any
questions, address
concerns, and
provide assistance
when needed.
PRODUCT Y:
Cheap: "Product
Y" offers an
affordable
solution for
visually impaired
individuals
seeking assistance
with currency
recognition.
Moderate
Battery Life:
Offers moderate
battery life,
suitable for
regular daily use
with occasional
recharging. Voice
Alerts: Offers
entry- level voice
alerts for quick
and convenient
money
identification
COST STRUCTURE REVENUE STREAMS
 Production equipment and tools
 Product materials
 Office supplies
 Office furniture ● Revenue Model: Money Detector
 Taxes and licenses
 Rent expense ● Selling price: 1,380 php
 Salaries expense
 Training expenses
  Marketing expense
 Freight expenses
 Office fixtures
 Utilities expense

Appendix 6: Other Research and Supporting Documents

Alon, A., Dellosa, R. M., Pilueta, N. M., Grimaldo, H. D., & Manansala, E. T. (2020, August

1). EyeBill-PH: A Machine Vision of Assistive Philippine Bill Recognition Device for

Visually Impaired. Retrieved from Semantic Scholar:

https://www.semanticscholar.org/paper/EyeBill-PH%3A-A-Machine-Vision-of-

Assistive-Bill-for-Alon-Dellosa/e95fe4b6013d2dc7023320b0cea33f03dba9b204

Dande, S. A., Uppunuri, G. R., & Raghuvanshi, A. S. (2022). YOLOv5 Based Wed

Application For Indian Currency Note. International Research Journal of Engineering

and Technology, 1-7.

Patterson, B., & Huffman, L. (2015, June). The Free iBill Money Identifier from the US

Bureau of Engraving and Printing. Retrieved from American Foundation for the Blind:

https://www.afb.org/aw/16/6/15449

Appendix 7: References/Work Cited (APA 7th Edition)

Karaman, K. K., Pamuk, S., & Yildirim-Karaman, S. (2020). Money and Monetary Stability in

Europe. Journal of Monetary Economics, 115, 279-300.

Lemonaki, D. (2021, June 30). What is The C Programming Language? A Tutorial for

Beginners. Retrieved from Free Code Camp Organization:

 https://www.freecodecamp.org/news/what-is-the-c-programming-language-beginner-

tutorial/

World Health Organization. (2022, October 13). Blind and Vision Impairement. Retrieved

from World Health Organization:

https://www.who.int/news-room/fact-sheets/detail/blindness-and-visual-impairment