Professional Documents
Culture Documents
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TagPaw
Proponents:
Kalel Bruce L Foronda
Alleah F. Vicente
Arianne Gail E. Cabiles
Matt A. Tejido
Rhian Dynise O. Ponsaran
10 - Abelardo
SY 2023 - 2024
MUNTINLUPA BUSINESS HIGH SCHOOL - MAIN, Espeleta St., Buli, Muntinlupa City
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TABLE OF CONTENTS
V. Management Plan
a. Organizational Chart / Team members
SECTION 5 : SUSTAINABILITY
I. Initial Investment needed.
II. Financial Statements
III. Social Impact
a. Long-term plan
b. Social impact of each activity to the community
c. Community and the Environment
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ADDENDUM
Location Map
Location Layout
Sample survey form
Survey Results
Sample Flyers
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Section 1
EXECUTIVE SUMMARY
TagPaw, the latest innovation from TagPaw, Inc., stands as the premier choice in durable
and impact-resistant pet tags. Crafted with the use of technology, TagPaw ensures longevity and
wear resistance, offering pet owners a reliable solution for identifying their beloved companions.
Unlike traditional tags, TagPaw is manufactured from a high-quality resin that withstands the
rigors of daily wear. Our commitment to safety extends beyond pets to the environment, as
TagPaw is produced with eco-friendly materials. Embrace peace of mind with TagPaw – where
resilience meets responsible pet ownership.
Initially, we will be manufacturing two (2) products, namely pure pet tags and pet tags but
with collars. Pet tags alone will be sold at 57 pesos, and pet tags with collars will be sold at 87
pesos each. In the next years of our operation, we will start developing and introducing to the
market different types and variations; based on what our customers may request. Moreover, we
will extend our business by using different social media platforms.
TagPaw is owned by five partners who have equally contributed their financial resources
to come up with the initial capital amounting to P85,000.00. Its projected monthly income is
P172,102.00 or P2,065,224.00 yearly. Therefore, the business will recover its invested capital in
approximately 5 months of operations or an ROI equivalent of 202.47%.
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SECTION 2
THE PROPONENTS
Alleah Vicente
She is 16 years old, was born on January 25, 2008. She is the
youngest daughter of Regie F. Vicente and Aurelio R. Vicente.
She lives at Sitio Tuklas Cupang Muntinlupa City. She is a grade
10 student at Muntinlupa Business High School Main. She likes to
read novels whether its online or physical book. She likes to write
in a journal and watch movies. Someday, she wants to be a
successful Civil Engineer.
She is 15 years old and was born on June 30, 2008. She is
the youngest
Rhian Dynise daughter
Ponsaranof Alma E. Cabiles and Amador A. Cabiles.
She lives at #28, Espeleta Street, Buli, Muntinlupa City. She is a
She is 15 years old and was born on September 23, 2008.
Grade 10 student at Muntinlupa Business High School-Main. She
She is the youngest daughter of Prodivel O. Ponsaran and
likes to play mobile games and watch anime. She loves animals,
Edgar U. Ponsaran She lives at 281-E Germillo Street, Cupang,
especially
Matt Tejidodogs. Someday, she wants to be a successful doctor.
Muntinlupa City. She is a grade 10 student at Muntinlupa
Business
He is High School-Main.
16 years She
old and was likes
born to watch movies
on November 2, 2007. and
He
series
is from Netflix.
the youngest son She loves
of Ma. playing
Lelany onlineand
A. Tejedo games
Tito and taking
R. Tejedo.
carelives
He of her pet cats.
at #37 DamaSomeday,
De Nocheshe wants
Street to be
Sitio Sto.a Niño
successful
West
nurse.
Cupang, Muntinlupa City. He is a Grade 10 student at
MUNTINLUPA BUSINESS HIGH SCHOOL - MAIN, Espeleta St., Buli, Muntinlupa City
Muntinlupa Business High School-Main. He likes to read stories
like webtoon and novels. He loves to cook and watch movies.
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Someday, he wants to be a successful CPA.
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SECTION 3
OVERVIEW OF THE BUSINESS
I. Business Name
We decided to name our business "TagPaw". This is a combination of the words Tag,
which means a nameplate, and Paw which is an animal foot with claws. We chose to put those
two words together because we want to create a product that can be used by any kind of pet
Our products will be sold online but the meet-up place is at Espeleta St., Buli, Muntinlupa
City (Can be delivered house to house, but with a fee). Our business will be found on online
platforms like Instagram, Facebook, and TikTok. We have chosen this location because our
products will need to have pre-orders for the reason of making it and a lot of our target
customers are online users. Moreover, our production place will be located at East Service
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III. Business Model
TagPaw
Pet Tags
PROFIT
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SECTION 4
THE BUSINESS PLAN PROPER
I. Project Background
TagPaw was born out of a shared passion for pets and a deep understanding of the bond
between humans and their furry companions. As avid pet lovers, the founders recognized a
crucial aspect of responsible pet ownership – the need for effective and personalized pet
identification. Understanding that traditional pet tags often lacked uniqueness and durability,
TagPaw was founded with a mission to redefine the pet tag industry.
The inspiration behind TagPaw comes from the belief that pets are not just animals; they are
cherished family members deserving of the highest level of care and consideration. The
founders observed the gap in the market for pet tags that seamlessly blended durability with
distinctive designs, reflecting the individuality of each pet. Driven by the desire to enhance the
safety and well-being of pets, TagPaw was established to offer a comprehensive solution. The
founders envisioned a brand that goes beyond mere identification – a brand that celebrates the
personality and uniqueness of every pet through thoughtfully crafted and customizable pet tags.
In a world where pets bring immeasurable joy and companionship, TagPaw seeks to provide a
means for pet owners to express their love and commitment. Every tag crafted by TagPaw is a
testament to the belief that pets deserve the best, not only in terms of safety but also in style.
TagPaw is not just a business venture; it's a heartfelt endeavor to contribute to the happiness
and security of pets and their owners. The business was founded on the principles of quality,
creativity, and a genuine love for animals, with a commitment to continually innovate and
redefine the standards of the pet tag industry. At TagPaw, we understand that pets are family,
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and our purpose is to offer a tangible expression of that understanding through our uniquely
Vision
To be known nationwide as a company that offers a variety of pet products that will bring
pleasure to the customers.
Mission
To offer quality-ensured pet tags that will provide satisfaction to the customers.
Values
To grow as a productive and persevering company that seeks innovation for further
development.
The survey was conducted on December 11-12 2023, online whereby respondents were asked
the following questions (copies of the survey and results are attached in the Addendum).
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• Do you have a pet?
a. Target Market
Our primary target market for selling pet tags would be devoted "fur parents" (primarily
dog and cat owners) who consider their pets integral members of the family. These passionate
pet owners are deeply invested in the well-being and happiness of their furry companions. Our
uniquely designed and durable pet tags cater to the desire of fur parents to express the
individuality of their pets while ensuring their safety. Understanding the emotional connection
between fur parents and their pets, our tags go beyond mere identification, becoming a
personalized and cherished accessory that reflects the love and care they shower upon their
B. Sales Projections
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TOTAL PROJECTED Php 15,120.00 Php 64,800.00 Php 777,600.00
SALES
C. Marketing Strategies
Market Situation
In determining the situation of the market, our business conducted a SWOT analysis to serve as
a guide in making economic decisions and developing business development.
Strengths: Weaknesses:
1. Durability: TagPaw Pet Tags are 1. Production is Time-Consuming:
made from impact-resistant and highly The production of pet tags requires a
wear-resistant resin, ensuring a long substantial amount of time to finish,
lifespan. specifically in drying.
2. Customization: The tags offer a high 2. Limited Distribution Channels:
level of customization, allowing pet Depending on the current distribution
owners to create unique and channels, there might be limitations in
personalized tags for their furry reaching a broader audience.
companions.
3. Eco-Friendly Materials: TagPaw
demonstrates a commitment to
environmental responsibility by using
eco-friendly materials in the
production process.
Opportunities: Threats:
1. Growing Pet Industry: The pet Competition: The pet tag market may have
industry is continually expanding, existing or emerging competitors. Staying
providing opportunities for TagPaw to vigilant to market trends and consistently
tap into a growing market of pet innovating will be crucial to staying ahead.
owners seeking innovative and Economic Downturn: Economic
durable pet tags. uncertainties can impact consumer spending
2. Partnerships with Pet Retailers: on non-essential items, potentially affecting
Collaborating with pet retailers or the demand for premium pet tags.
online platforms can broaden
TagPaw's reach and accessibility to a
larger customer base.
TagPaw will be implementing effective marketing mix strategies on its 4Ps, as follows:
A. Product - Our pet tags are perfectly made for all pets, especially cats and dogs. We are
using the highest-quality materials that are pet friendly, this ensures safety and is free from
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irritation once it is being worn by our pets. We are also given the freedom to customize or
B. Price - The prices of our products are very affordable as compared to other pet tags in the
market. Our products’ prices range from P57.00 (without a collar) to P 87.00 (with a collar).
Using a mix of the Cost-plus Pricing Method and Competitive Pricing Method, we added a 50%
mark-up as suggested.
C. Place - We have chosen 3 strategic marketing online platforms for our products, namely:
Facebook, Instagram, and TikTok where business is very profitable. But our production place
will be at East Service Road, BIk3 Martinez Compound, Tuklas, Cupang, Muntinlupa City, and
our meet-up place with customers is at Espeleta Street, Buli, Muntinlupa City.
D. Promotion
A. Our customers could be reached through our marketing techniques which include online
B. During special days for pets like National Pet’s Day, we will give freebies such as pet treats
for the customers who purchased our products within the period of the said event.
C. We will also include freebies for customers with a purchase of 15 and above products in one
order.
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A. Investors should benefit by reaching their highest profit or by returning their investment in the
B. Our business is owned by five (5) partners who are best friends and high school classmates.
A. Product Description
TagPaw's pet tags are a perfect blend of style and usefulness. They go beyond looks and are
built to last. We're all about keeping pets safe and letting their unique personalities shine. Each
tag is like a promise to make sure pets are quickly found if they get lost. Our different designs
aren't just for looks – they capture what makes each pet special. You can even customize them
to make them one-of-a-kind. With TagPaw, it's not just about safety; it's about celebrating what
B. Operating Strategies
Production Model
Raw Materials
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Acrylic Resin, Hardener for Resin, Glitters, Binder Ring, Printed Pet Name
Production Process
Purchase of Materials
Preparation of materials,
Packaging
tools, and equipment
TagPaw
Pet Tag
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Product Costing
WITHOUT COLLAR
Resin 5 ml 12.00
Total 31.00
WITH COLLAR
Resin 2 ml 12.00
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Collar 1 piece 13.00
Total 51.00
Production Cycle
Production of ready-to-sell pet tags will depend on how many orders we receive per day. We will
need information from the customer such as the name of their pet to proceed to production. The
C. Critical risks
a. Competitors
Competing Brands and their Selling Prices based on one (1) Pet Tag
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b. Competitive Strategies
Offer a variety of unique and customizable designs for pet tags. Allow customers to add
personal details like the pet's name and contact information. This personal touch can set
Use durable and high-quality materials for your pet tags. Emphasize the durability and
longevity of your tags, ensuring they withstand various conditions and stay legible for a long
time.
Encourage satisfied customers to leave positive reviews and testimonials. Display these on
your website or marketing materials to build trust and credibility, influencing potential
Create content that educates pet owners about the importance of pet tags in ensuring the
safety of their furry friends. Position your brand as an authority on pet identification and
safety.
Provide excellent and responsive customer service. Address inquiries promptly, assist with
customization requests, and ensure a positive buying experience to build customer loyalty.
Consider using eco-friendly materials or packaging for your pet tags. A sustainability focus
can appeal to environmentally conscious pet owners and set your brand apart.
In the world of business, there are different risks that can cause problems, like bankruptcy from
mismanagement, competition, or unexpected natural disasters. Yet, these risks can actually be
turned into opportunities. For instance, instead of seeing competitors as just a challenge, we
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can embrace them as a chance to push ourselves to improve, innovate, and expand our
business. This change in perspective not only helps us avoid failure but also transforms tough
times into stepping stones for growth. It creates a culture of adaptability and continuous
By creating development programs and treating them with integrity and respect as well as
focusing on empowering team members with the skill and knowledge, it will help to foster
challenges and taking preventive measures to safeguard the stability and continuity of the
business.
emphasizing to them the essence of collaboration, shared vision and mutual support.
Employees and partners are motivated to seek innovations and shared responsibility that
Establish a responsive customer feedback system to gauge satisfaction levels and identify
areas for improvement, reinforcing the commitment to delivering products and services that
friendly practices and engaging in philanthropic initiatives and partnerships that contribute
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V. Management Plan
TagPaw will begin to implement its business on June 1, 2024, to receive orders as soon
as possible.
B. Schedule of Deliveries
TagPaw aims to deliver the products every other day of the week.
C. Resources:
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Production manager for the production of tags
SECTION 5
SUSTAINABILITY
b. Pre-Operational Expenses
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Total Pre-Operational Expense 83,208.00
c. Monthly Expenses
Printer 1 18,000.00
Bowls 35 1,750.00
Resin 20 kg P 7,400.00
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Ink 4 bottles 680.00
Table 1 shows projected expenses per month during the initial year of operation. It is noted that
fixed cost is less than the variable costs.
d. Financial Projection
1. Projected Revenue
M – 19.00
Pet Tags 15 450 SP – SP –
alone 25,650.00 307,800.00
SP –
SP –
855.00
57.00
SP – SP –
64,800.00 777,600.00
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SP –
2,160.00
MR –
259,200.00
TagPaw
Income Statement
For Period Ended June 30, 2024
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PERIOD OF RECOVERY = CAPITAL / NET INCOME
= 85,000.00 / 172,102.00
= 15 days (0.5 months)
TagPaw
Cash Flow Statement
INVESTING ACTIVITIES
Cash paid for
Purchase of tools and equipment (24,988.00)
Net Cash Flow from Investing Activities (24,988.00)
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III. Social Impact
A. Long-Term Plan: It is the goal of TagPaw to expand its production and distribution
nationwide in ten (10) years from its start of operation and internationally in fifteen years
thereafter. Additionally, TagPaw aims to produce more pet products aside from pet tags for its
a. Production
a.1 TagPaw will be hiring more people to produce a bigger volume of perfumes
b. Marketing
b.1 Bigger sales mean bigger taxes for the government to be used for
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Pet tags contribute significantly to the safety of pets by providing a visible means
of identification. If a pet gets lost, a tag with contact information facilitates a quick
reunion with its owners, reducing anxiety for both the pet and the pet owner.
Tags on adopted pets often highlight their status as rescue animals, promoting
awareness about pet adoption. This social impact contributes to reducing the
chance.
are properly identified, vaccinated, and well cared for, contributing to the
b. Community Engagement:
ADDENDUM
Location Map
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Location Layout
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Sample survey form
Survey Results
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Sample Flyers
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