III
ACKNOWLEDGMENT
First and foremost, the proponents would like to glorify the Lord God Almighty for
His guidance and for the strength, knowledge, wisdom, and patience He had given all
throughout the duration of this study. The glory, honor, and praise to His name alone.
Acknowledgment is deserved for the energy, patience, time, knowledge, diligence,
and support of their respected adviser, Maria Teresa C. Agustin who have shared in the
process of making this feasibility study. The proponents are sincerely grateful for pushing
us to finish this work well. Thank you for never giving up on us.
The proponents would also like to express their gratitude to their families, most
specifically to their parents, who have supported them physically, financially, and
emotionally. Their support, trust, wisdom, and guidance have given them the strength and
inspiration to further finish this business plan.
Sincerest gratitude is extended also to our respondents who have taken time and
cooperated in answering the survey questionnaire to finish this study.
Together, we sincerely acknowledge and give thanks the person/s mentioned above
who have brought the success of doing this feasibility study. We are very grateful for this
wonderful accomplishment.
Researchers
IV
DEDICATION
This feasibility study is dedicated to our dear parents who serves as our inspiration
and gave us their support and helped us through providing moral, financial, and spiritual
support, they never miss to give us strength in every step all the way.
This feasibility study is also dedicated to Tarlac State University, who gave the
researchers a chance and opportunity to test their cooperation and dedication including
the assessment of skills and cultivating oneself and others to finish this study. Also, this
study is dedicated to our feasibility study adviser, who brought us together, and gave us
the knowledge on how to complete this study.
We would like to dedicate this feasibility study to our Almighty God, who gave us life
and strength, without His guidance and protection; we would not be where we are now
thanks to his power that gave us peace of mind to arrange our unorganized thoughts and
ideas.
Researchers
V
Table of Contents
Title Page I
Approval Sheet II
Acknowledgement III
Dedication IV
Table of Contents V
I. Executive Summary 1
II.Introduction 2
III.Marketing Aspect 3
A. Market Information 4
B. Technical Information 5
C. Organization and Manpower Information 6
D. Financial Information 7
E. Governmsent Programs, Policies, Regulations 8
IV. Technical Aspect 9
A. Product Description 9
B. Production Process 9
C. Plant Size and Layout 11
D. Raw Materials, Furniture & Fixtures and Equipment 13
E. Business Location 15
F. Business and Facilities 15
G. Business Utilities 15
H. Waste Disposal 16
I. Project Cost 16
V. Organizational Aspect 17
A. Organizational Structure 17
B. Duties and Responsibilities 18
VI. Financial Aspect 19
A. Financial Statements 19
B. Financial Performance 29
C. Financial Performance Analysis 32
VII. Socio-Economic Aspect 34
A. Employment 34
VI
B. Project Cultural Acceptability 34
C. Corporate Social Responsibility 35
VIII. Conclusion 36
