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EMILIO AGUINALDO COLLEGE
“GRILLED BUDDIES”
An Undergraduate Feasibility Study

Presented to the Faculty of the
School of Business Administration
and Accountancy
Emilio Aguinaldo College
In Partial Fulfillment of the

Requirements for the Degree of
Bachelor of Science Business Administration
Major in Financial Management
CAYAGO, JOSHUA M.
FANDIÑO, ROSEMARIE D.
RAÑOLA, CHRISTINE JOY G.
VILLANUEVA, PAULA
December 2018
SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY 1

APPROVAL SHEET
This feasibility study hereto entitled:
prepared and submitted by Joshua M. Cayago, Rosemarie D. Fandiño, Christine

Joy G. Rañola and Paula M. Villanueva has been reviewed and recommended as
partial fulfilment of the requirements for the degree of Bachelor of Science
Business Administration Major in Financial Management
MARITA T. SALANDANAN, MBA

Feasibility Study Adviser
Accepted and approved by the Panel of Examiners following a successful Oral

Defense on December 19, 2018 with a grade of .
REBECCA D. MIRANDA, CPA, DBA

Dean, School of Business Administration
JULIAN M. DANTE, JR. CB, MCA RANDY HERNANDEZ, MPA
Accepted and approved in partial fulfilment of the requirements for the degree of
Bachelor of Science Business Administration Major in Financial Management
REBECCA D. MIRANDA, CPA, DBA

Dean, School of Business Administration

CERTIFICATE OF ORIGINALITY
We hereby declare that the feasibility study entitled:
Is our own work and that, to the best of our own knowledge and belief, contains no
material previously published or written by another person nor material to which to
a substantial extent has been accepted for award of any other degree of diploma
of a university or other institute of higher learning, except where due
acknowledgement is made in the text.
We also declare that the intellectual content of this thesis is the product of our
work, eventhough we may have received assistance from others on style,
presentation and language expressions.
Signature over Printed Name Signature over Printed Name
Signature over Printed Name Signature over Printed Name
Date of Completion:
(mm/dd/yyyy)
Attested by:
Date of Completion:
Research Adviser’s Signature (mm/dd/yyyy)

ACKNOWLEDGEMENT
We thank God, for giving us the strength and encouragement especially during all
the challenging moments in completing this study. We are truly grateful for your
exceptional love and grace during this entire journey,
The researchers wish to express their love and gratitude to their beloved family
for the support and encouragement.
Also, our grateful thanks to our professor, Ms. Salandanan, for guiding us, for
being supportive since the beginning, for showing us a clear direction for this
study, for the time and ideas given to us. Without her this feasibility would not
have taken shape.
We also give thanks to our dean, Ms. Miranda and panel members, Mr. Dante
and Mr. Hernandez for their invaluable support and comments to improve this
study.
Lastly, thank you to our two supportive friends, Ms. Angel S. Madara and Mr.
Sandro G. Romera for giving their time, love and support for us to continue and
accomplished our feasibility.

Joshua M. Cayago, Rosemarie D. Fandiño, Christine Joy G. Rañola, Paula M.

Villanueva and Marita T. Salandanan, Mba
Proponent and Research Adviser
School of Business Administration, Emilio Aguinaldo College-Cavite

City of Dasmariñas, Cavite
ABSTRACT
Filipinos are known to be food lover. You can see a lot of store that are
next to each other not minding that they are competitors because they know their
own uniqueness. One of the best food Filipinos love to eat are grilled meals.
The proponent’s business will be called “Grilled Buddies” because Filipinos
are fond of eating grilled or “ihaw” and and can be enjoyed with your family and
friends. One of our main products is boodle fight in which we all know that is
served mostly in gatherings, occasions or fiesta especially in the province. The
vision is to build a place where people can come to find and discover a new taste
of grilled foods they want to eat, and to satisfy the product, service and self-
fulfillment needs in every customer. The mission of Grilled Buddies is to produce
high quality grilled foods yet affordable meal that are safe to consume. Utilize
using the latest and modern processing and enhancing relationship both within
the organization and with our customer, we affirm how much we value people and
the important part they have played in our continuing story.
Keywords: Grilled, ihaw, food business

TABLE OF CONTENTS
Page No.
PRELIMINARY SECTION
TITLE PAGE ………….………………………………………… i
APPROVAL SHEET ……………………………………........... ii
CERTIFICATE OF ORIGINALITY ……………………………. iii
ACKNOWLEDGEMENT ………………………………………. iv
ABSTRACT …………………………………………………….. v
TABLE OF CONTENTS ……………………………………….. vi
LIST OF TABLES …………………………………………........ ix
LIST OF FIGURES …………………………………………….. x
LIST OF APPENDICES ……………………………………….. Xi
CHAPTER 1 PROJECT BACKGROUND AND HISTORY

Historical Background ………………………………………….. 12
Proposed Name of the Business …..……………………......... 13
Types of Business Organization ………………………………. 14
Goal of the Business .....……………………………………..… 14
Brief Description of the Business ......………………..……..… 15
Location of the Business ....……………………………………. 15
Objectives of the Study .……………………………………….. 15
Marketing Aspect .………………………………………….. 16
Management Aspect .………………………………………. 16
Production Aspect .……….………………..…….…………. 16
Financial Aspect ..………………………………………..…. 16
Socio – Economic Aspect .………………………………… 17
Significance of the Study ……………..……………………….. 17
Scope and Limitation of the Study ..………………………….. 18
Research Design .………………………...………………........ 18
Research Locale ..……………………………………………… 18
Definition of Terms ……………………………………….……. 19
Gantt Chart ..……………………………………………………. 20
CHAPTER 2 MARKETING ASPECT

Introduction …………………………………………………….. 21
Market Description ...………………………………………….. 21
Target Market …………………..…………………………....... 22
Market Segmentation ..……………………………………….. 23
Demand Analysis ……………...………………………...……. 24
5 year Projected Demand ....………………………….………. 24
6
SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Supply Analysis …..……………………….………………....... 24
Projected Supply ………………………………………………. 25
Demand and Supply Analysis ………………………………... 25
Situational Analysis ……………………………………………. 26
Competitor Analysis ………………………………….……….. 26
Proposed Marketing Strategy ..………………………………. 27
Positioning Strategy ..…………………………………………. 28
Value Proposition .…………………………………………….. 28
Sales Strategy ..……………………………………………….. 29
Channels of Distribution …..………………………………….. 30
Future Plans and Strategic Opportunities ..………………… 30
5 year – Sales Projection ..…………………………………… 30
Marketing Forms ..…………………………………………….. 31
Logo ………………………………………………………… 31
Tarpaulin …………………………………………………… 31
Facebook Page ……………………………………………. 32
CHAPTER 3 MANAGEMENT ASPECT

Company Objectives ..……………………………………....... 33
Vision/Mission Statement ..….……………………………….. 33
Management Proposal ..……………………………………… 34
Manpower Requirements ..…………………………………… 34
Job Title, Description and Specification ...………………….. 35
Organizational Chart .…………………………………………. 36
Salaries and Wages ..…………………………………………. 37
General Company Policies and Regulations ..……………… 37
Other Benefits and Employee Assistant Programs ..………. 38
Salaries and Wages ..…………………………………… 38
Overtime Pay ..……………………………………………... 38
Special Holidays/Day-off ..………………………………… 38
13th Month Pay ..…………………..…………………........ 39
SSS/PHIC/HDMF Benefits ..…………………………....... 39
Accident Insurance ……………………………………….. 40
CHAPTER 4 PRODUCTION ASPECT

Product Description .…………………………………............. 41
Product Prototype ………………………………………....... 41
Production Process ……………………………………………. 42
Alternative Process ……………………………………………. 42
Production Flow Chart ………………………………………… 43
Production Schedule ………………………………………….. 43
Quality Standards ……………………………………………… 43
Waste and Waste Disposal Systems ………………………... 44
7
Manpower Requirements …………………………………….. 45
List of Raw Materials Needed ……………………………….. 45
List of Suppliers ……………………………………….………. 47
Machines and Equipment ..………………………………...... 47
Utilities Needed ...………………………………….…………... 49
Supplies ……………………………………...………………… 49
Kitchen Supplies ………………………………………….. 49
Admin Supplies ……………………………………………. 52
Sanitary Supplies ………………………………………….. 53
Furniture and Fixture ………………………………………….. 55
Floor Plan ………………………………………………………. 57
Building Perspective ………………………………………….. 57
Vicinity Map ……………………………………………………. 58
CHAPTER 5 FINANCIAL ASPECT

Pre-operating and Financing Needs ………………………… 59
Capital Requirements ………………………………………… 59
Assumptions …………………………………………………… 59
Projected Financial Statement (5 years) ……………………. 60
Projected Statement of Comprehensive Income .……… 60
Project Statement of Financial Position (5 years) ........... 61
Projected Cash Flow Statement ………….…………….... 62
Projected Statement of Changes in Partners’ Equity ..… 62
ROI and Payback Periods ..…………………………………... 63
Financial Ratios ……………………………………………….. 63
Schedule ……………………………………………………….. 64
Schedule of Salaries ..…………………………………….. 64
Lapsing Schedule ..………………………………………... 66
Schedule of Operating Expenses ..………….…………… 67
Schedule of Cost of Sales ..………………………………. 67
Schedule of Sales Forecast ..……………….……………. 68
CHAPTER 6 SOCIO-ECONOMIC ASPECT

Objectives of the Study ……………………………………….. 70
To the Government ……………………………………………. 70
To the Environment …………………………………….……... 70
To the Community …………………………………….………. 71
To the Employers / Employees ………………………………. 71
To the Customer ……………………………………….……… 71
REFERENCES ……………………………………………………....... 72
APPENDICES ………………………………………………………. 73
8
LIST OF TABLE
Table Page No.
1 Gantt Chart …………………………………………………….. 20
2 Target Market …………………………………………………. 23
3 Demand-Supply Analysis ……………………………………. 25
4 Situational Analysis …………………………………………… 26
5 Sales Projection ……………………………………………….. 30
6 Manpower Requirements …………………………………….. 34
7 Job title, Description and Specs …………………………….. 35
8 Salaries and Wages ………………………………………...... 38
9 General Company Policies and Regulations ………………. 38
10 Production Schedule ………………………………………….. 43
11 Raw Materials Needed ……………………………………….. 45
12 Machines and Equipment ……………………………………. 47
13 Utilities Needed ……………………………………… 49
14 Kitchen Supplies ……………………………………………… 49
15 Admin Supplies ……………………………………………….. 52
16 Sanitary Supplies ……………………………………………… 53
17 Furniture and Fixtures ………………………………………… 55
18 Capital Requirements …………………………….. 59
19 Statement of Comprehensive Income …………….. 60
20 Statement of Financial Position ……………………. 61
21 Statement of Cash Flow ……………………………. 62
22 Statement of Changes in Partners’ Equity ………... 62
23 ROI and Payback Periods ………………………….. 63
24 Financial Ratios ..……………………………………………… 63
25 Schedule of Salaries ………………………………………….. 64
26 Lapsing Schedule …………………………………………….. 66
27 Schedule of Operating Expenses …………………………… 67
28 Schedule of Cost of Sales …………………………………… 67
29 Schedule of Sales Forecast …………………………………. 68
30 Philhealth Premium Contribution ……………………………. 74
31 PAG-IBIG Contribution Table ………………………………… 74
32 Tax Income …………………………………………………….. 74
33 SSS ……………………………………………………………... 75

LIST OF FIGURES
Figure Page No.
1 Demand Analysis …………………………………….... 24

2 Channels of Distribution ………………………………. 30
3 Organizational Chart ………………………………….. 36
4 Flow Chart ……………………………………………… 43

LIST OF APPENDICES
Figure Page No.
1 Computation Table …………………………………..…….... 73

2 Survey Questionnaire ……………………………….………. 76
3 Curriculum Vitae of the Researchers ..…………………….. 78

CHAPTER 1
PROJECT BACKGROUND AND HISTORY
1. 1 Historical Background
Business is a world where societies revolve. It makes a big impact not
just in our life but also in other people, by providing their needs and wants
that benefits both sides. It also improves the economy. The food services
industry is considered to be the most known industry and business in the
world.
Since we Filipinos love to eat foods, we can see that there is an
increase in the growing number of business in the food industry. A lot of
people nowadays wants to have their own business, so they can earn extra
income. This led to consumers having a wide variety of options in choosing
what they want and need. But not all businesses are successful, because the
success of a business depends on how the owner manage it and his
strategies.
But opening a business takes a lot of courage, effort, time and
money. One really needs to think about the type of business, target market,
what do customers wants and needs, where the best place to put up your
business is and what will make your customers satisfied. If a restaurant has
a unique reputation, then the customers will come back time after time. For a

restaurant to have loyal customer group, it must be able to serve the
customers with high quality food and service. The restaurant must also have
different things that differentiate itself from other restaurants. The restaurant
experience should become a form of entertainment for the customers, and
with many colleges, schools, and businesses that is near Emilio Aguinaldo
College – Cavite Campus, along Pasong Lawin, Burol Main, Dasmariñas
City would be a logical place to open a new restaurant. This inspired the
proponents in creating an affordable, yet superb grilled restaurant.
This business proposal will be called “Grilled Buddies”. Boodle fight is
known to be the military practice of eating a meal where a big pile of food
placed in banana leaf and soldiers eat with the use of their hand symbolizing
their brotherhood. The term fight refers to the act in which soldiers must grab
and eat as much until it runs out. As we have observed in our community,
boodle fight is not that popular, and we want to revive and open this kind of
business. The proponents are confident that this business will be a success
because the location is highly marketable, and the price will be affordable
student meal that really fits for those who want to save money yet wants to
eat delicious food. It is also new for other people because mostly you can
only experience this in a gathering in the province like fiesta.
1.2 Proposed Name of the Business
The proposed name of the business is “Grilled Buddies”. The

proponents came up with this title since most Filipinos are fond of eating
grilled or “ihaw” and it represents the product which is grilled foods and the
thought of giving the customers a delicious buddy meal with a relaxing
environment and superb experience.
1.3 Type of Business Organization
The type of this business is partnership. Partnership means that the
business is owned by two or more persons who contribute money or capital,
talent or industry with the intention of dividing the profits among themselves.
(Tores, 2017) It is to be registered with the Securities and Exchange
Commission (SEC) for the contract called articles of co-partnership. The
Grilled Buddies will be registered to the different agencies like Securities and
Exchange Commission (SEC), Department of Trade and Industry (DTI),
Business Permit, Social Security System (SSS), Philippine Health Insurance
Corporation (PHIC), and PAG-IBIG Fund (HDMF). The partners’ agreed to
invest P200,000.00 each with a total capital of P800,000.00.
1.4 Goal of the Business
1.4.1 To serve delicious foods that will satisfy the customers with a friendly
meal price.
1.4.2 To make the customers feel the true ambiance of being a Filipino while
having a friendly, relaxing environment with a superb experience.

1.4.3 To make a profit and grow while being competitive in the market
against other competitors.
1.4 Brief Description of the Business
Our business is about “ihaw” or grilled foods, but we will focus on our
main product, the boodle food that is known to be a Filipino tradition way of
eating food on a banana leaf and will use their hands to eat. Grilled Buddies
will bring back your memories about your hometown wherein you interact with
everybody and enjoys the fun and entertaining atmosphere in the place. Our
main target are the college and workers near our location who are looking for
some place where they can relax, hang out or eat already without waiting.
1.5 Location of the Business
Grilled Buddies is located near Emilio Aguinaldo College – Cavite
Campus, along Pasong Lawin, Burol Main, Dasmariñas City. It is the perfect
location since it is surrounded by schools and buildings where we can get
many potential customers.
1.6 Objectives of the Study
The main purpose of the study is to determine the target market and to
assess the feasibility of establishing a grilled restaurant in Pasong Lawin,
Burol Main, City of Dasmariñas.

1.6.1 Marketing Aspect
1.6.1.1 To determine what strategies to use for the promotion of the
business.
1.6.1.2 To determine the price policies that should be implemented.
1.6.1.3 To determine the aspect to be considered for increasing sales
and for the growth and development of the business.
1.6.2 Management Aspect
1.6.2.1 To identify who will run the business and the personnel needed.
1.6.2.2 To determine the position and their respective duties or
responsibilities.
1.6.2.3 To determine the qualification of each position the
individuals should possess.
1.6.3 Production Aspect
1.6.3.1 To know the materials and equipment that the business will used
and what is the best suited materials and equipment in this
service.
1.6.3.2 To determine the proposed location and how to improve it.
1.6.3.3. To determine utility expenses necessary to operate the
business.
1.6.4 Financial Aspect
1.6.4.1 To determine what would be the total capital and project cost for
the business.

1.6.4.2 To determine the estimate annual revenue of the business and
the personnel.
1.6.4.3 To present the financial statements.
1.6.5 Socio-Economic Aspect
1.6.5.1 To be able to pay the right taxes at the right time.
1.6.5.2 To be able to help the society itself and its economy.
1.7 Significance of the Study
This study will help those persons who wants to start a restaurant
because it will provide the owners of the business what they need to know, to
plan, to do and to execute to start the business. It will also help those who
already have restaurants to improve their business to be more successful.
Entrepreneurs, the study will be beneficial for them because it will give more
ideas and opportunities in their business.
Students, it will serve as a guide in understanding the world of finance and
business.
Customers, as researchers, we believe that it will be significant for the
customer because the study was for them and to give them a more
reasonable price.
Community, it will give more job opportunities and can help the economy
grow.

Future Researchers, it will serve as their reference and will give them more
ideas about their study.
1.8 Scope and Limitation of the Study
It will be really challenging to compete because there are already many
fast foods, eatery and restaurant along Pasong Lawin, Burol Main, City of
Dasmariñas since the population here is large and it is surrounded by many
schools and colleges. The proponents’ target markets are the students,
residents and workers near the said location.
1.9 Research Design
The researchers used descriptive design and utilized survey
questionnaires. The survey was conducted by providing structured
questionnaires given to target markets, contains individual residents, students
and workers in Dasmariñas Cavite near the propped business location. The
researchers assured that the answered questionnaire is composed of the
residents, students and workers near the place.
1.10 Research Locale
The researchers distributed the survey questionnaires around the
proposed business location which is Pasong Lawin, Burol Main, City of
Dasmariñas.

1.11 Definition of Terms
Adidas, also known as the chicken feet.
Betamax, it is a Philippine street food made from chicken blood.
Boodle Fight, is a military style of eating where long tables are prepared and
food are on top of the banana leaves. Viands and rice ready to eat using your
bare hands, jugs of water are prepared on the side to wash hands before the
"eating combat". With the signal to start the boodle fight, everyone aims for
his/her position.
Customer, a person or organization that buys goods or services from a store
or business.
Demand, is an economic principle referring to a consumer's desire and
willingness to pay a price for a specific good or service.
Fiesta, is a town or citywide celebration in honor of the feast day of its patron
saint. It is a joyous occasion of planned public games, partying, parades,
processions, non-stop merriment and lasts anywhere between 3 days to one
week. The usual highlight is the coronation of a fiesta queen.
Marinate, is the process of soaking foods in a seasoned, often acidic, liquid
before cooking. In addition to these ingredients.

1.12 Gantt Chart
Table 1: Gantt Chart

Activities August September October November December
Preparation
of Feasibility
Study
Site
Selection
Source
Funding
Permits and
Registration
Purchasing
of
Equipment
Furniture
and Fixtures
Hiring and
training of
Personnel
Promotion
and
Advertising
Start of
Operation

CHAPTER 2
MARKETING ASPECT
2.1 Introduction
This chapter contains the description of the market, to determine the
demand of the product in the community, and availability of the supplies
needed to run the business. It will foresee the competitors surrounding the
locations, and the needed strategies for the business to become competitive.
This aspect will help to introduce the business in a new and popular way of
attracting customers.
2.2 Market Description
Grilled Buddies will focus its marketing activities on reaching the
university students and faculty, people working near the schools and on
teenagers. Our market research shows that these are the customer groups
that are most likely to buy grilled products. Grilled Buddies will cater to people
who want to get their hungry stomach a cheap yet delicious grilled food in a
relaxing atmosphere. Such customers vary in age, although our location close
to the university campus means that most of our clientele will be college
students and faculty. Our market research shows that these are discerning
customers that gravitate towards better tasting meal. For us, this will provide a

unique possibility for building a loyal client base. Grilled Buddies’ direct
competitors will be other grilled restaurant located near the universities and
school campuses. These include Mang Inasal, Kenny Rogers and other Food
service establishments that offer grilled products. Mang Inasal will definitely be
one of the major competitors because of its strong financial position and
established marketing and operational practices. However, despite Mang
Inasal entrenched market position, many customers favor smaller,
independent establishments that offer cozy atmosphere and good food at
affordable prices. Grilled Buddies will position itself as a unique grilled
restaurant that not only offers the best tasting grilled products but also
provides home-like, cozy and comfortable environment, which established
corporate establishments lack. We will cater to customers' bodies and minds,
which will help us grow our market share in this competitive market.
2.3 Target Market
The target market of the proposed business is the high, middle- and
low-income earners and students within the Burol Main of City of Dasmariñas.
They are the employees, students, walk-in, and residents near the place.

Table 2: Target Market
Year No. of Households Target Market
2018 11,733 4,693
2019 11,968 4,787
2020 12,207 4,883
2021 12,451 4,980
2022 12,700 5,080
Our assumption for our needed target market for our business is at
least 40% of the total household in the Burol Main. We assumed that the
increase of the no. of households every year is 2% .
2.4 Market Segmentation
Grilled Buddies’ geographical target market is in Aguinaldo Highway
near Emilio Aguinaldo College. The target markets will be the residents and
the students near the store. Grilled Buddies considers all types of people in all
ages, what places they came from, and no matter their gender either who
have a high or low income can be our target market that can be possible
customers or buyers of our products. In order to meet the expectations and
satisfactions of our customers, we would try our best to understand their
preferences, so we can innovate our products.

2.5 Demand Analysis
Figure 1: Demand Analysis
Yes No
8%
92%
The figure shows the demand analysis regarding about the respondents
who likes grill food. 47 respondents or 92% actually like eating grilled foods
and only 4 respondent or 8% disagree with the product. It has a high
percentage regarding the respondents who likes grilled foods.
2.6 5 Year Projected Demand
We will be attracting the high school students and college students near
our place and the working individuals. It would only cost them around P45.00
to P80.00 pesos for them to have a complete and delicious meal and around
P220.00 to P450.00 pesos for a group who want to have an affordable yet
satisfying meal that can accommodate at least 2-5 persons.
2.7 Supply Analysis
Kadiwa market, is popular market in our city because of its low-price

goods that can be an advantage to most resellers. You can get a discount if
you buy bulk orders than retail. Go (2016) stated that it is also known as
“bagsakan” because you can see many trucks or large vehicles delivering of
goods.
2.8 Projected Supply
For the supply, we asked Kadiwa market dealers on how much is the
cost for a kilo of the ingredients that we will be using in our business. For
example, chicken, porkchops and hotdog. A kilo of chicken meat costs P140
pesos, and porkchop cost P200 pesos per kilo. For kitchen supplies, sticks
cost P10 pesos per set, toothpick cost P20 pesos per set etc.
2.9 Demand and Supply Analysis
Table 3: Demand and Supply Analysis

2018 2019 2020 2021 2022
Demand 6,843 26,249 28,876 31,762 34,941
Supply 4,693 4,787 4,883 4,980 5,080
Gap 2,150 21,462 23,993 26,782 29,861
We used our target demand as our demand and we assumed that the
supply needed are the total sales in units.

2.10 Situational Analysis
Table 4: Situational Analysis

Strength Weakness
- Our product will easily catch the - Lifespan of ingredients
interest because it is Filipino food. - Perception of some that it is
- The customers will be assured that our unhealthy and unsafe
service is fast, and our quality is good. - Shortage of employees
- Delicious grilled products - Lack of customer relationship to
- The price and place are convenient to get loyal customers
students, faculty members and other
workers
Opportunities Threats
- expansion of business - lots of competitors
- New products - new to the market
-more chances of improvement - Inflation of Goods
- it is not typical in most restaurant - Similar concept and service
2.11 Competitor Analysis
Competitors are everywhere. But in our survey, we only stated three
grilled restaurants that is known by the respondents. First is the BurnOut
Grill, 4 out of 51 respondents had tried eating here. it is located in Bayan and
caters grilled foods. It is popular because of the griller that is made from the
front part of the car and their unique design. Next is Kenny Rogers Roaster
known to be a fast food chain that is mainly chicken-based restaurant.
Survey results showed that 14 out of 51 respondents have tried Kenny
Rogers Roaster mainly because most of their products is expensive enough

for some students and workers to be their everyday food. It is also one of the
nearest competitors in our location and lastly, Mang Inasal, it is known
because of their unique chicken oil which adds flavor either to your chicken
or rice. It complements with each other. Survey results showed that 33 out of
51 respondents have tried eating in Mang Inasal. Their price also matches
with their products because it also offers unli-rice which is their best strategy
to attract customers.
2.12 Proposed Marketing Strategy
Nowadays, competitors can be seen next to each other, they can
even be in your neighborhood. But a business can compete to another same
business by differentiating its product and avoiding direct competition. The
first strategy will be advertising and promoting the products by creating a
Facebook page. We will also put a tarpaulin in front of our building
before opening to advertise that we are going to open soon. We are also
planning to put an opening promo which is one of the effective ways to lure
the customers to avail and eat in our place.
In terms of pricing, we will make it into a delicious but affordable price
for the consumers which can accommodate at least 1-5 persons. The
computation of the products that the proponents will use is the Purchase
Cost+ Operating Cost+ Mark-up =Selling cost.
Word of mouth, according to the results of our conducted survey 51

respondents agreed to spread the news about our new business and 50
respondents gladly want to recommend our business to the people they
know.
2.13 Positioning Strategy
Positioning strategy helps to focus in one or two important keys that
they want to excel and concentrate (Angela, 2018). Our business chose to
focus on quality positioning strategy and cost positioning strategy, because
the price of each product suits the quality of product. We also focused to our
main customers which were the students.
2.14 Value Proposition
Many companies arrange various activities to help employees build a
better relationship. Company outings are quite common, one that includes
activities known to develop better relationship between people, such as rope
and obstacle courses, and trust falls. With the competitive nature of
companies in the market these days, having a high-performing, united team
is direly of value. Yet, extraneous activities to achieve this kind of work
productivity are not the only option. Perhaps the best, and also the most
cost-efficient activity managers can do is quite simple to have the team eat
together. A good way to further deepen your relationships is to share food
with one another. Doing boodle fights is one way to go, and it may be more

effective in team building than the usual lunch at the cafeteria.
A boodle fight, in the context of Filipino culture, is the military
practice of eating a meal. You also eat with your bare hands while you dig in
the food. It can be messy, but in the Filipino culture, we enjoy eating food
with our bare hands. The food becomes more enjoyable and tastier. The
mood turns light and comfortable as if you’re at a fiesta in a barrio enjoying a
feast with your neighbors. (Dumdum, 2012)
2.15 Sales Strategy
A sales strategy is a plan by an individual or business on how to sell
their products and increase their profits. (Amico, n.d.) therefore, our strategy
is simple, our intent is to give people a combination of excellent and
interesting food in an environment that appeals to a wide and varied group of
successful people. We will focus on maintaining quality and establishing a
strong identity in our community. Our main focus in marketing will be to
increase customer awareness in the surrounding communities. We will direct
all our tactics and programs toward the goal of explaining who we are and
what we do. We will keep our standards high and execute the concept so
that word-of-mouth will be our main marketing force. We will create an
appealing and entertaining environment with unbeatable quality at an
exceptional price. An exciting and friendly restaurant, we will be the talk of
the town. Therefore, the execution of our concept is the most critical element

of our plan. All menu items are moderately priced for the area. While we are
not striving to be the lowest-priced restaurant, we are aiming to be the value
leader.
2.16 Channels of Distribution
Figure 2: Chanels of Distribution
2.17 Future Plans and Strategic Opportunities
Grilled Buddies plan is to expand the business in terms of location and
their products, to increase revenue and to provide more satisfaction and a
better product to our customers. Also, if the business succeeds, we are
planning to franchise another branch outside Dasmariñas.
2.18 5 year – Sales Projection
Table 5: Sales Projection

Year Monthly Yearly Growth Rate
2018 110,706.00 110,706.00 ------
2019 98,087.75 1,177,053.00 10%
2020 102,992.00 1,361,214.00 10%
2021 108,142.00 1,570,703.00 10%
2022 113,549.00 1,809,153.00 10%

2.19 Marketing Forms
2.19.1 Logo
2.19.2 Tarpaulin

2.19.3 Facebook Page

CHAPTER 3
MANAGEMENT ASPECT
This chapter is about the entire organizational arrangement of the business. It
shows the proper and clear duties and responsibilities of each member and their
requirements. It also contains the organizational charts and qualifications to be
involved in the formation of the business. The form of the business will be
partnership.
3.1. Company objectives
3.1.1 To identify who will run the business and the personnel needed.
3.1.2 To determine the position and their respective duties or
responsibilities.
3.1.3 To determine the qualification of each position the individuals should
possess.
3.2. Vision and Mission Statement
Our vision is to build a place where people can come to find and
discover a new taste of grilled foods they want to eat, and to satisfy the
product, service and self-fulfillment needs in every customer. The mission of
grilled buddies is to produce high quality grilled foods yet affordable meal

that are safe to consume. Utilize using the latest and modern processing and
enhancing relationship both within the organization and with our customer,
we affirm how much we value people and the important part they have
played in our continuing story.
3.3. Management proposal
The form of the business is partnership in which each partner will
contribute money, skills and other resources that can help the business and
share profit and loss in accordance with the partnership agreement. Our
business is a manufacturing and service type in which we will serve you a
food that is handmade by our excellent cook. The goal of this business is to
create delicious meals and make the customers feel satisfied and happy.
The entrepreneurs will sell the product directly in the shop where in they can
eat inside or take out their food.
3.4. Manpower Requirements
Table 6: Manpower Requirements

Job Title Manpower Requirements
Manager - Graduate of any management course
- Male or Female, age 22-30
- At least 3 years of working experience
- With pleasing personality
Cook - Graduate of any course
- Male or Female

- At least 3 years of working experience in the same field
- Must have complete and enough knowledge in grilling and
cooking.
- With pleasing personality.
Cashier - Female or Male
- Must be graduate of any 2year or 4year course or at least
senior high graduate
- From 19-28 years old
- At least 1 year of working experience
- Must be honest and has a pleasing personality
Waitress - Preferably, female
- College level or at least senior high school graduate
- From 19-28 years old
- At least 1 year of working experience
- Must be honest and has a pleasing personality
3.5. Job title, Description and Specs
Table 7: Job title, Description and Specs

Job Title Job Description Responsibilities
Manager - The job includes planning, organizing, directing and
controlling all the employees as well as the relationship.
- Ensures the quality of product.
- Maintains the working area running and clean.
- Accountable in checking the daily sales records.
- Supervise the daily production
- Forming the work schedules and assigning employee
tasks.
Cook - Ensure the quality of each product produces.
- Maintains the hygiene standards inside the cooking area.
- Supervise and train production staff efficiently and safely

to produce appetizing meal.

- Calculate raw material needs and efficiently maintain
stock levels to meet production requirements.
Cashier - She is responsible in managing the cash.

- Accountable in making the monthly income statements
and balance sheets.
- Responsible in collection of payments.
- Responsible for keeping records of sales.
Waitress - Responsible in setting up the tables and chairs.

- Maintains the cleanliness in working area.
- Serve the customers politely.

- Customers should be the priority.
3.6. Organizational Chart
Figure 3: Organizational Chart
Organizational structure of the business shows the flow of every
task and duties of employees from different levels of management. (Abejero,
2016). According to the website of smartdraw (n.d.) for starter business, flat
organization structure is perfect because it shows no levels of management

between managers and employees. So, our business will be using flat
organizational structure for us to understand and deepen the relationship of
each and everyone of us.
3.7. Salaries and Wages
Table 8: Salaries and Wages

Position No. Monthly Yearly
Manager 1 15,000.00 180,000.00
Cook 2 14,400.00 172,800.00
Cashier 2 12,624.00 151,488.00
Waitress 2 12,624.00 151,488.00
Total 54,648.00/ 655,776.00/yearly
monthly
3.8. General Company Policies and Regulations
Table 9: General Company Policies and Regulations

Company Policies
Clients are always the priority.
Employees are required to turn off all the machines and equipment
after using.
Maintain the cleanliness in the working area.
Follow the safety measure to prevent accidents.
Employees are mandatory to wear their prescribed uniform.
Required to work overtime if needed.
Maintain the availability of the product.

3.9. Other benefits and Employee assistant programs
 Employee Wellness
 Smoking Cessation
 Seminars on Nutrition and Weight Management
 Fitness Evaluation
 Medical Examination
 Counselling for Crisis Situations
 Relationship/ Personal Issues and Worries
 Work-related Stress/ Problems with Colleagues
3.9.1 Salaries and Wages
Grilled buddies consist only of full-time employees. Salaries and
wages are one of the reasons why people are working, so that they
can buy foods and gifts for their self or love ones. That is why, it is
important to give their salaries on the prior date. All employees should
receive salaries and wages every 15th and 30th of the month.
3.9.2 Overtime Pay
Employees may also be required to take overtime if it is
necessary. All overtime work should file their overtime approval from
the manager. No overtime slip, no overtime pays.
3.9.3 Special Holidays/Day-off
Every employee is provided with 1 free day off after every six (6)
consecutive days of working.

Here are some of the special Holidays that considers:
New Year’s Day - January 01
Maundy Thursday - movable date
Good Friday - movable date
Araw ng Kagitingan - April 09
Labor Day - May 01
Independence Day - June 12
National Heroes Day - last Sunday of August
Ramadan - movable date
Bonifacio Day - November 30
Christmas Day - December 25
Rizal Day - December 30
All Saints Day - November 01
Work performed every regular holiday are compensated with an
additional 50% of his or her regular salary. Working every rest day or
day-off can be compensated of 20% of his salary.
3.9.4 13th Month Pay
The 13th month pay of an employee shall be equivalent to 1
month of his basic salary within the calendar date and shall not be
given later than December 24 each year.
3.9.5 SSS/PHIC/HDMF Benefits
Benefits under SSS/PHIC/HDMF law shall be granted in

accordance with laws. Implementation of procedures relative to
entitlement of said benefits should be done in accordance with the
regulations to be promulgated by the management.
3.9.6 Accident Insurance
Regular employees are enrolled by the business under a
reputable insurance company. Any accident incurred that is about
work-related shall be compensated by this insurance firm. This plan
shall be on employer-employee participating basis.

CHAPTER 4:
PRODUCTION ASPECT
4.1 Product Description
Our main product is boodle fight style that you will feel the presence of
being in the province. Boodle fight is like the concept of military boodle fight
tradition in which we are going to adapt and make it into a casual dining. It is
usually eaten while standing around a long table where the food is laid over a
banana leaf. The choices of the food servings will depend on the menu for the
day. With this, the customers will experience and remember the feelings.
We will present only the Filipino cuisines and highlight the Filipino-
environment for them to experience and feel the presence of like being in the
province. The good in our business is that the customers can actually make
their own boodle fight ingredients.
4.2 Product Prototype

4.3. Production Process
The process in the production of the business is guided by following
the step-by-step procedure in order for the business to work efficiently and
responsibly. First, the cook will check if the ingredients are available and
enough. After that, the assistant cook will help the cook to clean the kitchen
area before making a dish. Then, prepare the ingredients and check if the
stove or the gas is working and start to cook. After cooking the food, place the
food in a plate in a beautiful way and then let the waitress serve it to the
customer. The time range in cooking will be only 5-10 mins only. The waste
should be placed in a bin labeled biodegradable waste.
4.4. Alternative Process
To make the long wait short for our customers the product that will be
sold tomorrow will be marinated starting from 6:00 pm and keep it overnight.
Marinating helps the food or meat to keep it stay longer and tastier. By 10 :00
am, marinated food will be half-cooked, so that later, if some customers
enters and buys food, they do not need to wait longer.

4.5. Production Flow Chart
Figure 4: Flow Chart
4.6. Production Schedule
The business opens 10:00 am and closes at 10:00 pm.
Table 10: Production Schedule

Activity Duration of Time Responsibility
Buying of Products 4:00 – 6:00 am Manager
Checking the kitchen and 9:00 – 10:00 am Cook
preparing the ingredients
Opening 10:00 am All
Checking of the 9:00 pm Manager
Availability of Products
Cleaning 9:30pm Waitress
Closing Time 10:00 pm All
4.7. Quality Standards
The problem with the food industry is that it deals with overly sensitive
products. With that, it needs to maintain a quality standard for the business to
grow and stay strong with competitions. If your business encounters a small
problem regarding the quality of products it will become a huge loss. Quality
is one of the most important categories a customer is trying to find in a

product. If the customers can taste the food and its quality plus the good
ambiance of the place quality, then expect that the business will grow.
 ISO 22000 is a Food Safety Management System that can be applied to

any organization in the food chain, farm to fork. Becoming certified to
ISO 22000 allows a company to show their customers that they have a
food safety management system in place. (ISO 22000, n.d.)
 Ensuring consumer trust in the supply of safe food & drinks. The FSSC
22000 Food Safety System Certification provides a framework for
effectively managing your organization's food safety responsibilities.
FSSC 22000 is fully recognized by the Global Food Safety Initiative
(GFSI) and is based on existing ISO Standards. (IAS, n.d.)
4.8. Waste and Waste Disposal System
For a food business, cleanliness is always the first priority for us to
trust us. One of the best ways to reduce garbage is by segregation of
biodegradable and non-biodegradable wastes and recycling of cans and
bottles. Our business will also provide trash bin inside and outside Grilled
Buddies Restaurant so that customers will properly dispose their trash. We
will also provide a bin for recycling products and every once a week, we will
sell it to the junkyard which can also be an additional source of income.

4.9. Manpower Requirements
Manager  Responsible in checking the availability of the products
 Overall production
 Responsible in buying the products

Cook  Responsible for cooking
 Responsible of the taste of the food
 Responsible in the quality of the served food

Bookkeeper  Responsible of managing the cash
 Responsible in collection the payments of the customers
Waitress  Responsible in assisting the customers
 Responsible in serving the foods of the customers

 Must keep the surrounding clean and hygienic.
4.10. List of Raw Materials Needed
Table 11: Raw Materials Needed

Quantity Description Unit Cost Total
10 kilo Isaw (Chicken) 70.00 700.00
15 kilos Isaw (Pork) 70.00 1,050.00
20 kilos Chicken Meat 140.00 2,800.00
20 kilos Porkchop 200.00 4,000.00
5 1000mL Cooking Oil 90.00 450.00
7 1000mL Soy Sauce 50.00 350.00
5 1000mL Vinegar 40.00 200.00
4 1000g Red Onion 80.00 320.00
4 kilos Garlic 60.00 240.00
2 1000mL Honey 180.00 360.00
2 200mL Olive Oil 98.00 196.00

2 20g Ginger Powder 11.00 22.00
8 180oz Pineapple 55.00 440.00
4 50G Chili Powder 25.00 100.00
2 150G Cayenne powder 25.00 50.00
4 50G Cardamom Seeds 25.00 100.00
10 260G Sugar 20.00 200.00
4 500g Mango 55.00 220.00
6 25g Salt 10.00 60.00
4 25g Cilantro 15.00 60.00
8 120mL Lemon Juice 30.00 240.00
2 240g Jalapeno pepper 120.00 240.00
5 500mL Apple Sauce 60.00 300.00
8 80g Pineapple Slice 70.00 560.00
4 50G White Pepper 25.00 100.00
4 50g Sesame Seeds 18.00 72.00
5 500g Green Onion 35.00 175.00
4 500mL Sweet Chili Sauce 65.00 260.00
4 120mL Lime Juice 35.00 140.00
4 25g Coriander seeds 12.00 48.00
2 25g Cumin 12.00 24.00
2 25g Paprika 12.00 24.00
4 240g Butter 55.00 220.00
4 80mL Eden Mayo 28.00 112.00
4 60mL Lemon 48.00 192.00
4 250mL Rice Wine 70.00 280.00
3 25klos Rice 1,125.00 3,375.00
4 25g Pepper Corn 10.00 40.00
2 10g Dried Bay Leaves 15.00 30.00
50 Sets Stick(20pcs.) 10.00 500.00
4 450g Iced Tea 245.00 980.00
80 300mL Coke Mismo 13.00 1,040.00
80 250mL Sprite Mismo 13.00 1,040.00
80 250mL Royal 13.00 1,040.00
20 1.5L Coke 60.00 1,200.00
140 330mL Wilkins 8.00 1,120.00
130 500mL Wilkins 12.00 1,560.00
Total 26,830.00

4.11. List of Suppliers
4.11.1 Kadiwa market
4.11.2 DBB A-1 Wet and Dry Market, Carlos Trinidad Ave, Santa Lucia,
Dasmariñas City, Cavite
4.12 Machines and Equipment
Table 12: Machines and Equipment

Qty Picture Description Life
Unit Cost Total
Span
1
Gas Griller 10 yrs. 32,562.00 32,562.00
Refrigerator 20 yrs. 98,721.00 98,721.00
Freezer 16 yrs. 19,096.00 19,096.00

1
Rice Cooker
5 yrs. 13,682.00 13,682.00
(60 cup)
Wall fan 5 yrs. 10,714.00 53,570.00
Water
10 yrs. 7,471.00 7,471.00
Dispenser
Ceiling Fan 10 yrs. 9,888.00 19,776.00
Exhaust Fan 10 yrs. 4,148.00 8,296.00
Cash Register 10 yrs. 14,099.00 14,099.00

1
Computer Set 5 yrs. 11,677.00 11,677.00
1
Kitchen Work
10 yrs. 8,992.00 8,992.00
Table
Total 287,942.00
4.13. Utilities Needed
In the proposed location, electricity is being supplied by Meralco, water
by Dasmariñas Water District and internet connection by Globe Telecom.
Table 13: Utilities Needed

Monthly Annually
Utilities
Consumption Consumption
Electricity 4,500.00 54,000.00
Water 500.00 6,000.00
Internet Connection 1,300.00 15,600.00
4 Gas Tank (11klos.) 2,200.00 264,000.00
Total 7,410.00 339,600.00
4.14. Supplies
4.14.1 Kitchen Supplies
Table 14: Kitchen Supplies

Qty Picture Description Unit Cost Total
2 Strainer 50.00 100.00

Measuring
1 68.00 68.00
Cup
Condiments
8 100.00 800.00
Container set
Chopping
1 900.00 900.00
Board
3 Tong 65.00 195.00
Spoon and
6 Fork Set 95.00 570.00
(8 set)
Kitchen Knife
1 Set 275.00 275.00
2 Bowl 150.00 300.00

Plate set
10 640.00 6,400.00
(6pcs.)
1 Basin 164.00 164.00
8 Pitcher 120.00 960.00
Glass set of 6
10 229.00 2,290.00
(13oz)
Total 13,022.00

4.14.2 Admin Supplies
Table 15: Admin Supplies

2 Bond Paper 169.00 338.00
1 Ballpen 130.00 130.00

(100pcs.)
5 Paper Clip 15.00 75.00

(100pcs)
2 Log Book 37.00 74.00

(150 pages)
1 Stapler 50.00 50.00
Total 667.00

4.14.3 Sanitary Supplies
Table 16: Sanitary Supplies

Dustpan and
2
broom set 305.00 610.00
4 Trash Bin
800.00 3,200.00
1 Mop set
656.00 656.00
2 Pail 50.00 100.00
6 Apron 50.00 300.00

Hair Net
1 150.00 150.00
(10pcs.)
2 Sponge 20.00 40.00
Dishwashin
3 g Liquid 50.00 150.00
(1liter)
2 Liquid Soap 70.00 140.00
Liquid Soap
1 130.00 130.00
Dispenser
5
sets
Plastic
Gloves 50.00 250.00
(100pcs.)

Tissue
80.00 400.00
(100ply)
10
sets
Toothpick 20.00 200.00
Total 6,326.00
4.15. Furniture and Fixtures
Table 17: Furniture and Fixtures

Kitchen
2 14,874.00
Cabinet 7,437.00
Hanging
2 11,286.00
Cabinet 5,643.00

Table and 4
4 13,999.00 55,596.00
chairs set
Table and 6
4 15,350.00 61,400.00
chairs set
1 Locker 7,399.00
7,399.00
Office Table
1 4,195.00
4,195.00
1 Office Chair 1,676.00

1,676.00
Total 156,426.00

4.16 Floor Plan
4.17 Building Perspective

4.18 Vicinity Map

CHAPTER 5
FINANCIAL ASPECT
5.1 Pre-operating and Financing Needs
5.1.1 Capital Requirements
Table 18: Capital Requirements

Partners’ % on Total Contribution Amount
Fandiño, Rosemarie 25% 200,000.00
Rañola, Christine Joy 25% 200,000.00
Villanueva, Paula 25% 200,000.00
Cayago, Joshua 25% 200,000.00
Total 800,000.00
5.1.2 Assumptions
 Sales will increase 10% every year. Price of each product will
increase by 5% every year.
 Annual rent expense is worth 84,000 or 7,000 per month. The lease
term is 5 years. Conditions: 5 months deposit and 1-month
advance. Starting on 2020, the rent will increase by 5% annually
according to the contract.
 Furniture and Fixtures depreciation lifespan is 10 years using
straight-line depreciation method.
 Utilities expense like electricity, water, internet and gas expense will
increase by 2% every year.

 Transportation expense will increase by 5% every year.
 Supplies Expense will increase by 10% every year.
 Direct Materials will increase by 10% every year.
 2018 is only consist of only month operation which is the
December.
5.2 Projected Financial Statement (5 years)
5.2.1 Projected Statement of Comprehensive Income
Table 19: Statement of Comprehensive Income

Grilled Buddies
Projected Statement of Comprehensive Income
For Five Years Ended December 31
2018 2019 2020 2021 2022
Sales 110,706.00 1,177,053.00 1,361,214.00 1,570,703.00 1,809,153.00
Cost of sales (73,322.21) (908,012.80) (950,923.11) (1,028,811.21) (1,112,856.70)
Gross profit 37,383.79 269,040.20 410,290.89 541,891.79 696,296.30
Operating expenses (21,013.00) (239,775.06) (264,842.09) (281,450.92) (297,349.96)
Profit before tax 16,370.79 29,265.14 145,448.80 260,440.88 398,946.34
Income tax expense - - - (2,088.18) (29,736.58)
Net profit 16,370.79 29,265.14 145,448.80 258,352.70 369,209.75

5.2.2 Projected Statement of Financial Position (5 years)
Table 20: Statement of Financial Position

Grilled Buddies
Projected Statement of Financial Position
2018 2019 2020 2021 2022
ASSETS
Current Assets
Cash 373,085.85 448,738.72 640,475.49 946,887.44 1,390,262.88
Inventories 2,767.65 2,588.48 2,509.05 2,746.53 2,437.80
Total current assets 375,853.50 451,327.19 642,984.54 949,633.97 1,392,700.68
Non-current Assets
Machines &
Equipment 285,394.84 254,828.89 224,262.94 193,696.99 163,131.04
Furniture & 155,122.45 139,479.85 123,837.25 108,194.65 92,552.05
Fixtures
TOTAL ASSETS 816,370.79 845,635.93 991,084.73 1,251,525.61 1,648,383.77
LIABILITIES AND CAPITAL
Income tax payable - - - 2,088.18 29,736.58
Total Liabilities - - - 2,088.18 29,736.58
Partners' Capital 816,370.79 845,635.93 991,084.73 1,249,437.43 1,618,647.19
TOTAL LIABILITIES
AND CAPITAL 816,370.79 845,635.93 991,084.73 1,251,525.61 1,648,383.77

5.2.2 Projected Statement of Cash Flow
Table 21: Statement of Cash Flow

Grilled Buddies
Forecasted Statement of Cash Flows
2018 2019 2020 2021 2022
Cash flows from operating activities
Profit (Loss) before tax 16,370.79 29,265.14 145,448.80 260,440.88 398,946.34
Depreciation 3,850.71 46,208.55 46,208.55 46,208.55 46,208.55
Cash flows before working
capital changes 20,221.50 75,473.69 191,657.35 306,649.43 445,154.89
Change in Inventories (2,767.65) 179.18 79.43 (237.48) 308.73
Cash flows from operations 17,453.85 75,652.87 191,736.78 306,411.95 445,463.61
Income taxes paid - - - (2,088.18)
Net cash provided by (used in)
operating activities 17,453.85 75,652.87 191,736.78 306,411.95 443,375.44
Cash flows from investing activities
Acquisition of equipment (444,368.00) - - - -
Cash flows from financing activities
Partners' investment 800,000.00 - - - -
Net cash provided by (used in)
financing activities 800,000.00 - - - -
Net increase (decrease) in cash 373,085.85 75,652.87 191,736.78 306,411.95 443,375.44

Cash at the beginning of the period - 373,085.85 448,738.72 640,475.49 946,887.44
Cash at the end of the period 373,085.85 448,738.72 640,475.49 946,887.44 1,390,262.88
5.2.4 Projected Statement of Changes in Partners’ Equity
Table 22: Statement of Changes in Partners’ Equity

Grilled Buddies
Projected Statement of Changes in Partners' Equity
Fandiño, Rañola, Villanueva, Cayago,
Capital Capital Capital Capital Total
Balance, beginning - - - - -
Partners' investment 200,000.00 200,000.00 200,000.00 200,000.00 800,000.00
Profit 4,092.70 4,092.70 4,092.70 4,092.70 16,370.79
Balance, end of 2018 204,092.70 204,092.70 204,092.70 204,092.70 816,370.79
Profit 7,316.28 7,316.28 7,316.28 7,316.28 29,265.14
Balance, end of 2019 211,408.98 211,408.98 211,408.98 211,408.98 845,635.93
Profit 36,362.20 36,362.20 36,362.20 36,362.20 145,448.80
Balance, end of 2020 247,771.18 247,771.18 247,771.18 247,771.18 991,084.73
Profit 64,588.18 64,588.18 64,588.18 64,588.18 258,352.70
Balance, end of 2021 312,359.36 312,359.36 312,359.36 312,359.36 1,249,437.43
Profit 92,302.44 92,302.44 92,302.44 92,302.44 369,209.75
Balance, end of 2022 404,661.80 404,661.80 404,661.80 404,661.80 1,618,647.19

5.3 ROI and Payback Periods
Table 23: ROI AND Payback Periods

Grilled Buddies
Return on Investment and Payback Periods
For the Year Ended 2018-2022
2018 2019 2020 2021 2022
Return on
Net Income 16,370.79 29,265.14 145,448.80 258,352.70 369,209.75
Investment
Capitalization 66,667 800,000 800,000 800,000 800,000
407% 2734% 550% 310% 217%
Total cash
Payback flows/Initial
1.74
Period capital
investment
It shows that the invested money is expected to return within 1.74
year.
5.4 Financial Ratios

Table 24: Financial Ratios
Grilled Buddies
Financial Ratios
For the Year Ended 2018-2022
2018 2019 2020 2021 2022
PROFITABILITY ANALYSIS
Return on sales Profit/Sales 14.79% 2.49% 10.69% 16.45% 20.41%
Return on assets Profit/Average 2.01% 0.88% 3.96% 5.76% 6.37%
Total Assets
Return on equity Profit/Average 2.01% 0.88% 3.96% 5.77% 6.44%
Total Equity

5.5 Schedule
5.5.1 Schedule of Salaries
Table 25: Schedule of Salaries

Grilled Buddies
Schedule of Salaries
For the Five Years Period
2018
Basic Pay 13th SSS ER PHIC ER HDMF
Month Share Share ER
Pay Share
Manager 9,600.00 - 699.80 132.00 100.00
Salaries to 9,600.00
operating expense - 699.80 132.00 100.00
Cook 7,200.00 - 515.70 99.00 100.00

Cook 7,200.00 - 515.70 99.00 100.00
Cashier 4,320.00 - 331.50 59.40 100.00
Cashier 4,320.00 - 331.50 59.40 100.00
Waiter 4,320.00 - 331.50 59.40 100.00
Waiter 4,320.00 - 331.50 59.40 100.00
Salaries to cost of 31,680.00 - 2,357.40 435.60 600.00
sales

Grilled Buddies
2019 2020
PHIC HDMF PHIC HDMF

Basic Pay 13th SSS ER ER Basic Pay 13th SSS ER ER ER
Month Pay Share ER Month Pay Share
Share Share Share Share
Manager 9,600.00 9,600.00 699.80 132.00 100.00 10,080.00 10,080.00 736.70 138.60 100.00
Salaries to operating
expense 9,600.00 9,600.00 699.80 132.00 100.00 10,080.00 10,080.00 736.70 138.60 100.00
Cook 7,200.00 7,200.00 515.70 99.00 100.00 7,560.00 7,560.00 552.50 103.95 100.00
Cook 7,200.00 7,200.00 515.70 99.00 100.00 7,560.00 7,560.00 552.50 103.95 100.00
Cashier 4,320.00 4,320.00 331.50 59.40 100.00 4,536.00 4,536.00 331.50 62.37 100.00

Cashier 4,320.00 4,320.00 331.50 59.40 100.00 4,536.00 4,536.00 331.50 62.37 100.00
Waiter 4,320.00 4,320.00 331.50 59.40 100.00 4,536.00 4,536.00 331.50 62.37 100.00
Waiter 4,320.00 4,320.00 331.50 59.40 100.00 4,536.00 4,536.00 331.50 62.37 100.00
Salaries to cost of
sales 31,680.00 31,680.00 2,357.40 435.60 600.00 33,264.00 33,264.00 2,431.00 457.38 600.00
Grilled Buddies
2021 2022
13th SSS ER PHIC HDMF 13th SSS ER PHIC HDMF
Basic Pay ER ER Basic Pay ER ER
Month Pay Share Month Pay Share
Share Share Share Share
10,584.00 10,584.00 773.50 145.53 100.00 11,113.20 11,113.20 810.30 152.81 100.00
10,584.00 10,584.00 773.50 145.53 100.00 11,113.20 11,113.20 810.30 152.81 100.00
7,938.00 7,938.00 589.30 109.15 100.00 8,334.90 8,334.90 626.20 114.60 100.00
7,938.00 7,938.00 589.30 109.15 100.00 8,334.90 8,334.90 626.20 114.60 100.00
4,762.80 4,762.80 368.30 65.49 100.00 5,000.94 5,000.94 368.30 68.76 100.00
4,762.80 4,762.80 368.30 65.49 100.00 5,000.94 5,000.94 368.30 68.76 100.00
4,762.80 4,762.80 368.30 65.49 100.00 5,000.94 5,000.94 368.30 68.76 100.00
4,762.80 4,762.80 368.30 65.49 100.00 5,000.94 5,000.94 368.30 68.76 100.00
34,927.20 34,927.20 2,651.80 480.25 600.00 36,673.56 36,673.56 2,725.60 504.26 600.00
65
5.5.2 Lapsing Schedule
Table 26: Lapsing Schedule

Grilled Buddies
Lapsing Schedule For
Five Years Period
2018 2019 2020 2021 2022
Useful Carrying Carrying Carrying Carrying
Carrying
Cost Life in
Amount Amount Amount Amount Amount
Months
Gas Griller 32,562.00 120 32,290.65 29,034.45 25,778.25 22,522.05 19,265.85
Refrigerator 98,721.00 240 98,309.66 93,373.61 88,437.56 83,501.51 78,565.46
Freezer 19,096.00 192 18,996.54 17,803.04 16,609.54 15,416.04 14,222.54
Rice Cooker 13,682.00 120 13,567.98 12,199.78 10,831.58 9,463.38 8,095.18
Wall fan 10,714.00 60 10,535.43 8,392.63 6,249.83 4,107.03 1,964.23
Wall fan 10,714.00 60 10,535.43 8,392.63 6,249.83 4,107.03 1,964.23
Wall fan 10,714.00 60 10,535.43 8,392.63 6,249.83 4,107.03 1,964.23
Wall fan 10,714.00 60 10,535.43 8,392.63 6,249.83 4,107.03 1,964.23
Wall fan 10,714.00 60 10,535.43 8,392.63 6,249.83 4,107.03 1,964.23
Water Dispenser 7,471.00 120 7,408.74 6,661.64 5,914.54 5,167.44 4,420.34
Ceiling Fan 9,888.00 120 9,805.60 8,816.80 7,828.00 6,839.20 5,850.40
Ceiling Fan 9,888.00 120 9,805.60 8,816.80 7,828.00 6,839.20 5,850.40
Exhaust Fan 4,148.00 120 4,113.43 3,698.63 3,283.83 2,869.03 2,454.23
Exhaust Fan 4,148.00 120 4,113.43 3,698.63 3,283.83 2,869.03 2,454.23
Cash Register 14,099.00 120 13,981.51 12,571.61 11,161.71 9,751.81 8,341.91
Computer Set 11,677.00 60 11,482.38 9,146.98 6,811.58 4,476.18 2,140.78
Working Table 8,992.00 60 8,842.13 7,043.73 5,245.33 3,446.93 1,648.53
Total Machines & Equipment 287,942.00 285,394.84 254,828.89 224,262.94 193,696.99 163,131.04
Kitchen Cabinet 7,437.00 120 7,375.03 6,631.33 5,887.63 5,143.93 4,400.23

Kitchen Cabinet 7,437.00 120 7,375.03 6,631.33 5,887.63 5,143.93 4,400.23
Hanging Cabinet 5,643.00 120 5,595.98 5,031.68 4,467.38 3,903.08 3,338.78
Hanging Cabinet 5,643.00 120 5,595.98 5,031.68 4,467.38 3,903.08 3,338.78
Table & 4 chairs 13,899.00 120 13,783.18 12,393.28 11,003.38 9,613.48 8,223.58
Table & 4 chairs 13,899.00 120 13,783.18 12,393.28 11,003.38 9,613.48 8,223.58
Table & 4 chairs 13,899.00 120 13,783.18 12,393.28 11,003.38 9,613.48 8,223.58
Table & 4 chairs 13,899.00 120 13,783.18 12,393.28 11,003.38 9,613.48 8,223.58
Table & 6 chairs 15,350.00 120 15,222.08 13,687.08 12,152.08 10,617.08 9,082.08
Table & 6 chairs 15,350.00 120 15,222.08 13,687.08 12,152.08 10,617.08 9,082.08
Table & 6 chairs 15,350.00 120 15,222.08 13,687.08 12,152.08 10,617.08 9,082.08
Table & 6 chairs 15,350.00 120 15,222.08 13,687.08 12,152.08 10,617.08 9,082.08
Locker 7,399.00 120 7,337.34 6,597.44 5,857.54 5,117.64 4,377.74
Office Table 4,195.00 120 4,160.04 3,740.54 3,321.04 2,901.54 2,482.04
Office Chair 1,676.00 120 1,662.03 1,494.43 1,326.83 1,159.23 991.63
Total Furniture & Fixtures 156,426.00 155,122.45 139,479.85 123,837.25 108,194.65 92,552.05
Total Cost of Sale 440,517.29 394,308.74 348,100.19 301,891.64 255,683.09
66
5.7.3 Schedule of Operating Expenses
Table 27: Schedule of Operating Expenses

Grilled Buddies
Schedule of Operating Expenses
For the Year 2018 to 2019
Annual Forecast
2018 2019 2020 2021 2022
Salaries & Wages 9,600.00 115,200.00 120,960.00 127,008.00 133,358.40
13th Month Pay - 9,600.00 10,080.00 10,584.00 11,113.20
Government 3,393.00 40,716.00 53,564.16 57,012.95 58,715.62
Contributions
Taxes & Licenses 1,000.00 24,041.06 27,724.28 31,914.06 36,683.06
Transportation
Expense 400.00 5,363.00 5,631.15 5,912.71 6,208.34
Gas Expense 2,200.00 21,820.00 22,911.00 24,056.55 25,259.38
Admin supplies 120.00 1,565.00 1,721.50 1,893.65 2,083.02
Internet Expense 1,300.00 15,600.00 16,380.00 17,199.00 18,058.95
Advertising and 3,000.00 5,870.00 5,870.00 5,870.00 5,870.00
promotion
Operating 21,013.00 239,775.06 264,842.09 281,450.92 297,349.96
Expenses
5.7.4 Schedule of Cost of Sales
Table 28: Schedule of Cost of Sales

Grilled Buddies
Schedule of Cost of Sales
Annual Forecast
2018 2019 2020 2021 2022
Direct Materials 27,676.50 291,011.25 306,273.15 353,408.18 407,059.43
Direct Labor 35,073.00 452,556.00 474,292.56 498,838.19 522,714.62
Overhead:
Electricity charges 4,300.00 50,149.00 52,656.45 55,289.27 58,053.74
Supplies 1,899.00 6,204.00 6,514.20 6,839.91 7,181.91
Water charges 523.00 5,884.00 6,178.20 6,487.11 6,811.47
Rental charges - 56,000.00 58,800.00 61,740.00 64,827.00
Depreciation 3,312.98 39,755.74 39,755.74 39,755.74 39,755.74
Cost of sales 72,784.48 901,559.99 944,470.30 1,022,358.40 1,106,403.89

5.7.4 Schedule of Sales Forecast
Grilled Buddies
Schedule Sales Forecast
Annual
Table 29: Schedule of Sales Forecast

December 2018 January February March April May June July August
Products
Grilled Teriyaki
Pork Chops 11,690.00 11,690.00 10,990.00 10,710.00 11,900.00 10,990.00 12,180.00 8,190.00 7,910.00 12,740.00
Tropical Grilled
Pork Chop 11,520.00 11,520.00 10,640.00 10,640.00 11,520.00 10,000.00 11,120.00 6,640.00 7,600.00 12,000.00
Adobong Isaw 13,230.00 13,230.00 12,060.00 12,465.00 13,545.00 12,510.00 13,320.00 10,260.00 9,945.00 13,410.00

Sticky Grilled
Chicken 11,330.00 11,330.00 8,140.00 8,635.00 10,175.00 7,865.00 10,835.00 5,775.00 5,610.00 11,275.00
Sweet Chili-Lime
Grilled Chicken 16,440.00 16,440.00 13,740.00 13,800.00 13,620.00 14,340.00 15,840.00 11,820.00 9,780.00 15,780.00
Cheesy Stick
Barbecue 16,560.00 16,560.00 18,000.00 17,460.00 20,385.00 17,505.00 19,260.00 9,000.00 10,440.00 18,675.00
Boodle 1 (2-3
persons) 9,900.00 9,900.00 9,900.00 7,700.00 10,340.00 6,160.00 9,020.00 4,400.00 3,740.00 8,360.00
Boodle 2 (4-5
persons) 7,200.00 7,200.00 9,000.00 8,100.00 6,750.00 6,750.00 5,400.00 3,150.00 4,500.00 6,750.00
Drinks
Iced Tea 1,488.00 1,488.00 1,032.00 984.00 1,416.00 1,116.00 1,716.00 828.00 888.00 1,752.00
Coke 1,620.00 1,620.00 1,548.00 1,620.00 1,584.00 1,512.00 1,530.00 1,080.00 972.00 1,602.00
Sprite Mismo
(250mL) 1,548.00 1,548.00 1,512.00 1,548.00 1,530.00 1,620.00 1,584.00 1,170.00 936.00 1,620.00
Royal (250mL) 1,602.00 1,602.00 1,440.00 1,404.00 1,584.00 1,674.00 1,764.00 1,152.00 1,170.00 1,584.00
Coke (1.5L) 1,820.00 1,820.00 1,625.00 1,300.00 1,300.00 1,300.00 1,430.00 780.00 910.00 1,820.00
Wilkins (330mL) 2,040.00 2,040.00 1,608.00 1,620.00 1,764.00 1,848.00 1,860.00 1,044.00 1,176.00 1,740.00
Wilkins (500mL) 2,718.00 2,718.00 2,304.00 2,376.00 2,448.00 2,322.00 2,322.00 2,466.00 2,196.00 2,232.00
Total sales in
pesos 110,706.00 110,706.00 103,539.00 100,362.00 109,861.00 97,512.00 109,181.00 67,755.00 67,773.00 111,340.00
68
Grilled Buddies
Schedule Sales Forecast
Forecast
September October November December 2019 2020 2021 2022
Products
Grilled Teriyaki
Pork Chops 10,640.00 10,080.00 10,640.00 11,690.00 128,660.00 149,628.00 173,472.00 200,572.00
Tropical Grilled
Pork Chop 4,080.00 11,520.00 10,960.00 11,520.00 118,240.00 136,584.00 157,432.00 181,056.00
Adobong Isaw 12,105.00 12,960.00 12,735.00 13,230.00 148,545.00 170,657.00 195,706.00 224,043.00

Sticky Grilled
Chicken 8,360.00 7,865.00 8,910.00 11,330.00 104,775.00 121,568.00 140,666.00 162,368.00
Sweet Chili-Lime
Grilled Chicken 13,680.00 14,700.00 13,620.00 16,440.00 167,160.00 193,095.00 222,552.00 255,921.00
Cheesy Stick
Barbecue 17,505.00 17,010.00 16,155.00 16,560.00 197,955.00 227,433.00 260,827.00 298,605.00
Boodle 1 (2-3
persons) 7,040.00 8,580.00 9,240.00 9,900.00 94,380.00 109,032.00 126,117.00 145,605.00
Boodle 2 (4-5
persons) 8,100.00 4,050.00 4,500.00 7,200.00 74,250.00 86,086.00 99,400.00 114,840.00
Drinks
Iced Tea 1,068.00 1,008.00 1,104.00 1,488.00 15,840.00 18,876.00 22,358.00 26,355.00
Coke 1,404.00 1,422.00 1,386.00 1,620.00 19,008.00 22,078.00 25,560.00 29,526.00
Sprite Mismo
(250mL) 1,422.00 1,386.00 1,404.00 1,548.00 19,008.00 22,078.00 25,560.00 29,526.00
Royal (250mL) 1,260.00 1,404.00 1,242.00 1,602.00 19,008.00 22,078.00 25,560.00 29,526.00
Coke (1.5L) 1,170.00 1,040.00 1,105.00 1,820.00 17,160.00 19,720.00 22,649.00 26,325.00
Wilkins (330mL) 1,776.00 1,824.00 1,860.00 2,040.00 22,176.00 26,429.00 31,304.00 36,900.00
Wilkins (500mL) 2,268.00 2,286.00 2,142.00 2,718.00 30,888.00 35,872.00 41,540.00 47,985.00
Total sales in
pesos 91,878.00 97,135.00 97,003.00 110,706.00 1,177,053.00 1,361,214.00 1,570,703.00 1,809,153.00
69
CHAPTER 6:
SOCIO-ECONOMIC ASPECT
6.1 Objectives of the Study
 To identify the socio-economic benefit to the community.
 To be able to contribute to the community and help the economy.
6.2 To the Government
Our business, Grilled Buddies, will gain profit that will be divided among
the 4 of our members. In return, we would pay the necessary taxes in
accordance with the law; these taxes, which will be collected, will be used for
building constructions, roads, bridges, educational institutions and other
government projects.
6.3 To the Environment
While the environmental impact of grilling is negligible compared with
most of the other things, we do in our day it is important that we take every
aspect of our lives into consideration when it comes to combating air pollution
and our carbon footprint. You can make grilling green by making a few
changes to the way you grill and the kinds of products you buy.

6.4 To the Community
With the help of the business, we can provide job opportunities and
employment to the people around the community and give them salaries and
benefits which can help lessen the jobless people in our city.
6.5 To the Employers / Employees
The employers or employees can enjoy the benefits they can get in our
business. We also give importance to the holidays and events in which they
can enjoy it with their family. We will also give the fair and right amount of
their wages and salaries and also their compensation in exchange of being
diligent.
6.6 To the Customer
Grilled Buddies will provide affordable and yet delicious products with
high quality food products. There are health benefits to cooking your food on
the grill plus the cheap prices of the products that will surely gain customers.
Customer satisfaction is a crucial part of loyalty, but customer loyalty
cannot be achieved by satisfaction alone.

References:
Abejero, Gonzales, et al (2016). Trendy Buffet. Retrieved from:

https://www.academia.edu/31829321/A_business_feasibility_study_condu
cted_on_Trendy_Buffet_?auto=download
Amico, Sam. (n.d.). Definition of Sales Strategy. Small Business - Chron.com.

Retrieved from
http://smallbusiness.chron.com/definition-sales-strategy-2213.html
Angela, J. (2018). Position Strategy: Definitions & Examples. Retrieved from:

https://study.com/academy/lesson/positioning-strategy-definitionexamples.
html
Dumdum, S. (2012). The Boodle Fight. Retrieved from:

https://newsinfo.inquirer.net/210027/the-boodle-fight
Go, M. (2016). The Kadiwa Market Story. Retrieved from:

https://medium.com/matthewgo/the-kadiwa-market-story-ac717fca10b7
Serran, K. (2016). List of Mandatory Employees Benefits in the Philippines.
Retrieved from:
https://www.ecomparemo.com/info/heres-a-full-list-ofmandatory-benefits-for
-regular-employees-in-the-philippines/
Tores, M. (2017) Sample Management Aspect – Feasibility Study. Retrieved from:

https://kupdf.net/download/sample-management-aspect-feasibilitystudy_5a
2a3748e2b6f58b7176edb6_pdf
Types of Organizational Charts and How to use them. Retrieved from:

https://www.smartdraw.com/organizational-chart/organizational-charttypes.
htm

APPENDIX 1
Computation Table

Table 30: Philhealth Premium Contribution
Philhealth Premium Contribution
Monthly Basic Salary
Monthly Premium Personal Share Employer Share
X 2.75%
P10,000 & below P275.00 P137.50 P137.50
P10,000.01 to P39,999.99 P 275.02 to P 1,099.99 P 137.51 to P 549.99 P 137.51 to P 549.99
P40,000 & above P 1,100 P 550 P 550
Table 31: PAG-IBIG Contribution Table

Monthly Compensation Percentage of Monthly Compensation
Employee Share Employer Share
P1,500 & below 1% 2%
Over P 1,500 2% 2%
Table 32: Taxable Income

Range of Taxable Income Tax Due = a+ (b x c )
Basic Additional Of Excess
Over Not Over
Amount (a) Rate (b) Over (c)
- 250,000 - - -
250,000 400,000 - 20% 250,000
400,000 800,000 30,000 25% 400,000
800,000 2,000,000 130,000 30% 800,000
2,000,000 8,000,000 490,000 32% 2,000,000
8,000,000 - 2,410,000 35% 8,000,000

Table 33: SSS
MONTHLY EMPLOYER - EMPLOYEE
RANGE OF
SALARY SOCIAL SECURITY EC TOTAL CONTRIBUTION
COMPENSATION
CREDIT ER EE TOTAL ER ER EE TOTAL
1,000 - 1,250 1,000 73.70 36.30 110.00 10.00 83.70 36.30 120.00
1,250 - 1,750 1,500 110.50 54.50 165.00 10.00 120.50 54.50 175.00
1,750 - 2,250 2,000 147.30 72.70 220.00 10.00 157.30 72.70 230.00
2,250 - 2,750 2,500 184.20 90.80 275.00 10.00 194.20 90.80 285.00
2,750 - 3,250 3,000 221.00 109.00 330.00 10.00 231.00 109.00 340.00
3,250 - 3,750 3,500 257.80 127.20 385.00 10.00 267.80 127.20 395.00
3,750 - 4,250 4,000 294.70 145.30 440.00 10.00 304.70 145.30 450.00
4,250 - 4,750 4,500 331.50 163.50 495.00 10.00 341.50 163.50 505.00
4,750 - 5,250 5,000 368.30 181.70 550.00 10.00 378.30 181.70 560.00
5,250 - 5,750 5,500 405.20 199.80 605.00 10.00 415.20 199.80 615.00
5,750 - 6,250 6,000 442.00 218.00 660.00 10.00 452.00 218.00 670.00
6,250 - 6,750 6,500 478.80 236.20 715.00 10.00 488.80 236.20 725.00
6,750 - 7,250 7,000 515.70 254.30 770.00 10.00 525.70 254.30 780.00
7,250 - 7,750 7,500 552.50 272.50 825.00 10.00 562.50 272.50 835.00
7,750 - 8,250 8,000 589.30 290.70 880.00 10.00 599.30 290.70 890.00
8,250 - 8,750 8,500 626.20 308.80 935.00 10.00 636.20 308.80 945.00
8,750 - 9,250 9,000 663.00 327.00 990.00 10.00 673.00 327.00 1,000.00
9,250 - 9,750 9,500 699.80 345.20 1,045.00 10.00 709.80 345.20 1,055.00
9,750 - 10,250 10,000 736.70 363.30 1,100.00 10.00 746.70 363.30 1,110.00
10,250 - 10,750 10,500 773.50 381.50 1,155.00 10.00 783.50 381.50 1,165.00
10,750 - 11,250 11,000 810.30 399.70 1,210.00 10.00 820.30 399.70 1,220.00
11,250 - 11,750 11,500 847.20 417.80 1,265.00 10.00 857.20 417.80 1,275.00
11,750 - 12,250 12,000 884.00 436.00 1,320.00 10.00 894.00 436.00 1,330.00
12,250 - 12,750 12,500 920.80 454.20 1,375.00 10.00 930.80 454.20 1,385.00
12,750 - 13,250 13,000 957.70 472.30 1,430.00 10.00 967.70 472.30 1,440.00
13,250 - 13,750 13,500 994.50 490.50 1,485.00 10.00 1004.50 490.50 1,495.00

APPENDIX 2
Survey Questionnaire

FEASIBILITY STUDY SURVEY QUESTIONNAIRE
Respondents, Kenny Rogers Roaster

We are the students of Emilio BurnOut Grill
Aguinaldo College – Cavite and we If not mention, please specify:
are conducting a survey to complete
our academic exercise. The
purpose of this survey is to better 3. What occasion would you want to
understand the perception and celebrate in a grill restaurant?
expectations of consumers in Family Gathering Reunion
choosing their food and location. Anniversary Birthday
This questionnaire will only take
5-10 minutes and all the responses 4. Who do you mainly go to dine in a
will remain strictly confidential. grill restaurant? Family
Thank you for your time! Workmate Barkada
General Instruction: Put a check 5. How much do you spend for a

on the provided line that meal? P40 - 100
corresponds your answer. P101-161 P162 & above
Name (Optional): 6. Our main product will be boodle

fight, do you like the idea of eating
Gender: Male Female using your bare hands? yes
no
Age: younger than 18
19-29 30 – 40 7. Are you in favor of putting grilled
41– 51 52 & above business near your location?
yes no
Employment Status: Student
Employed Unemployed 8. Is it great for business?
yes no
Educational Attainment:
Graduate Undergraduate 9. Will you spread the news about
our new business? yes
Monthly Income: Less than P10,000 no
10,001-15,000 15,001-20,000
20,001 or above
10. Do you want to recommend our
business to other people you know?
1. Do you like grilled foods? yes yes no
no
2. What grill restaurant that you’ve

already tried? Mang Inasal

APPENDIX 2
Curriculum Vitae of the Researchers

ROSEMARIE D. FANDIÑO
OBJECTIVE
To obtain a significant and challenging position
ADDRESS wherein I will learn and excel in finance operation
Blk 8 Lot 4 Bonn processes. I am seeking a competitive and
Street, Summer challenging environment where I can serve you
Meadows organization and establish an enjoyable career.
Subdivision, Salitran
III, Dasmariñas City,
Cavite Philippines EDUCATION
EMAIL De La Salle University – Dasmariñas

rosemariefandino10 (2016)
@gmail.com Bachelor of Science in Business Administration
Major in Management Accounting
MOBILE NO.
+63 965 6785 096 Emilio Aguinaldo College – Cavite
(2016 – Present)
Bachelor of Science in Business Administration
Software Major in Financial Management
MS Word
SKILLS
MS Excel
MS Powerpoint  Proficient in using Microsoft, internet, and use of
PDF Social Media
 Numeracy skills
Languages  Willingness to learn
Filipino – Primary  Ability to work under pressure
English – Secondary
HOBBIES COMPETENCIES
Playing Chess  Responsible
Reading  Stress Tolerance
 Problem Solving
 Enthusiastic, dependable and well-organized.

CHRISTINE JOY G. RAÑOLA
OBJECTIVE
ADDRESS To get a job where I can develop my knowledge and
Blk 25 lot 7&8 skills and gain experience that will help me to be
Bahay Pangarap, successful. .
Dasmariñas City,
Cavite EDUCATION
De La Salle University - Dasmariñas
EMAIL
Bachelor of Science in Accountancy (2015)
christineranola@gm Dasmariñas City, Cavite
ail.com
Emilio Aguinaldo College - Cavite
Bachelor of Science in Accountancy (2017)
MOBILE NO.
Bachelor of Science and Accountancy Major in
+63 935 2290 754 Financial Management (2017 – Present)
Dasmariñas City, Cavite
Software
MS Word
MS Excel SKILLS
MS PowerPoint
PDF • Computer literate and knowledgeable in
Microsoft Office Applications.
Languages • Ability to work under pressure.
Filipino – Primary
English –
Secondary
COMPETENCIES
HOBBIES • Responsible
Playing Chess • Stress Tolerance
Reading • Problem Solving
• Enthusiastic, dependable and well- organized.

JOSHUA M. CAYAGO
OBJECTIVE
ADDRESS To be a part of the company, enhan ce my skill and
Blk 16 Lot 26 develop my knowledge to contribute to the growth of
Bellingham Street, the company.
Governor Hills
Subdivision, General
Trias City, Cavite,
Philippines
EDUCATION
EMAIL AMA Computer College - Cavite

jcayago23@gmail.co (2015- 2016)
m Bachelor of Science in Information Technology
MOBILE NO. Emilio Aguinaldo College – Cavite

+63 920 2699 731 (2016 – Present)
SOFTWARE Major in Financial Management
MS Word
MS Power Point
SKILLS
LANGUAGES
Filipino – Primary • Can communicate in a friendly manner
English - Secondary • Hardworking
• Doing things with timely manner
HOBBIES
Playing Basketball
Watching Television
COMPETENCIES
• Responsible for all task
• Friendly
• Good communication both written and oral
• Capable of analyzing and solving problems

PAULA M. VILLANUEVA
OBJECTIVE
ADDRESS To prove my efficiency on whatever position may
Blk 7 Lot 41 Idaho deemed fitting for my credentials and to enhance my
St. Ivory Crest capability, ability and knowledge.
Salitran II,
Dasmari ñas City,
Cavite, Philippines
EDUCATION
EMAIL
paulamariano342@ Emilio Aguinaldo College – Cavite
gmail.com (2016 – 2019)
MOBILE NO. Major in Financial Management
+63 955 8937 405
SOFTWARE
MS Word SKILLS
MS Excel
MS PowerPoint • Has good interpersonal and communication
skills.
LANGUAGES • Has time management skills to work efficiently
Filipino – Primary and productively by using time wisely.
English - Secondary • Ability to work well with other people and be
adaptable in order to deal effectively with the
HOBBIES demands placed on the team.
Playing Volleyball
Reading
COMPETEN CIES
• Team Player
• Can work under pressure
• Commitment to career

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EMILIO AGUINALDO COLLEGE

An Undergraduate Feasibility Study

In Partial Fulfillment of the

SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY 1

This feasibility study hereto entitled:

prepared and submitted by Joshua M. Cayago, Rosemarie D. Fandiño, Christine

MARITA T. SALANDANAN, MBA

Accepted and approved by the Panel of Examiners following a successful Oral

REBECCA D. MIRANDA, CPA, DBA

JULIAN M. DANTE, JR. CB, MCA RANDY HERNANDEZ, MPA

REBECCA D. MIRANDA, CPA, DBA

SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY 2

We hereby declare that the feasibility study entitled:

Signature over Printed Name Signature over Printed Name

Signature over Printed Name Signature over Printed Name

SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY 3

exceptional love and grace during this entire journey,

for the support and encouragement.

have taken shape.

accomplished our feasibility.

SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY 4

Joshua M. Cayago, Rosemarie D. Fandiño, Christine Joy G. Rañola, Paula M.

School of Business Administration, Emilio Aguinaldo College-Cavite

Keywords: Grilled, ihaw, food business

SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY 5

CHAPTER 1 PROJECT BACKGROUND AND HISTORY

CHAPTER 2 MARKETING ASPECT

CHAPTER 3 MANAGEMENT ASPECT

CHAPTER 4 PRODUCTION ASPECT

CHAPTER 5 FINANCIAL ASPECT

CHAPTER 6 SOCIO-ECONOMIC ASPECT

SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY 9

Figure Page No.

1 Demand Analysis …………………………………….... 24

SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY 10

Figure Page No.

1 Computation Table …………………………………..…….... 73

SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY 11

PROJECT BACKGROUND AND HISTORY

Business is a world where societies revolve. It makes a big impact not

industry is considered to be the most known industry and business in the

Since we Filipinos love to eat foods, we can see that there is an

increase in the growing number of business in the food industry. A lot of

income. This led to consumers having a wide variety of options in choosing

success of a business depends on how the owner manage it and his

But opening a business takes a lot of courage, effort, time and

SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY 12

experience should become a form of entertainment for the customers, and

College – Cavite Campus, along Pasong Lawin, Burol Main, Dasmariñas

proponents in creating an affordable, yet superb grilled restaurant.

This business proposal will be called “Grilled Buddies”. Boodle fight is

only experience this in a gathering in the province like fiesta.

1.2 Proposed Name of the Business

The proposed name of the business is “Grilled Buddies”. The

SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY 13

thought of giving the customers a delicious buddy meal with a relaxing

environment and superb experience.

1.3 Type of Business Organization

The type of this business is partnership. Partnership means that the

business is owned by two or more persons who contribute money or capital,

(Tores, 2017) It is to be registered with the Securities and Exchange

Commission (SEC) for the contract called articles of co-partnership. The

Exchange Commission (SEC), Department of Trade and Industry (DTI),