BANANALICIOUS BITES

CHAPTER 1: GENERAL COMPANY DESCRIPTION

I. INTRODUCTION
This product will emphasize the capability of the raw materials here in Madridejos to produce high
quality and budget-friendly products. We will produce " Bananalicious Bites" to showcase the bountiful
production of banana here in the local area. This product is in a high quality but low in price and we will
sell this to our prospective buyers and customers.

II. VISION
Our product will open a way to a fruitful production and consumption of banana in the entire Bantayan
Island. Our team is to be the leading producer of Bananalicious Bites all over Cebu Province. We will offer
then highly quality production for customers and showcasing of the capabilities of the Island.

III. MISSION
We aim to produce high quality products at a very competitive and affordable price using the good
quality raw materials. That would generate sufficient profit for us and improve employees lives. Offering
of new or improved product and services.

IV. OBJECTIVES

 To make use of the most affordable but good quality raw materials.
The abundance of the banana here in our local area is great opportunity to us entrepreneurs but the
lack of idea and creativity we eat bananas in plain or even some are just wasted. To produce another
variation of food such as Bananalicious Bites will be a great help for this problem.

 To produce and provide the customers with the most quality products to their best interest.
It doesn't mean that if we got our product from the local area, and we will produce a low quality product
for the locals. We will showcase a product with a world class quality but a low price for the prospective
customers.

To ensure safety and clean products by making of proper hygiene and sanitary working
environment to promote healthy and risk-free product benefits.
We must provide costumers a safe and clean product. Working in a well-sanitized environment will
help to get the satisfaction and security of the costumers.

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V. TARGET MARKET
The company will be offering the product to all age group, likely; kids, teens, and even to elders. We
will offer this to all the people in our community, boys and girls with a range age of 1-year-old and above.
We also discourage costumers with allergies to our product. The product is in a low price so anyone can
buy it.

VI. EXECUTIVE SUMMARY

Bananalicious Bites is the most affordable and delicious product, but made of a good quality raw
materials. The customers best interest and a price competitive products. The customers will be going to
shout for it. It is the combination of good quality raw materials such as Kardaba (banana), peanut butter,
lumpia wrapper and a cooking oil that results to a delectable taste. Bananalicious Bites is just as simple as
wrapping the lumpia wrapper with a peanut butter and a long square-like cheese on it and afterwards,
frying it to cooking oil and finally it is ready to serve.

VII. CORE COMPETENCIES

The core competencies on which our company will compete are:
A. Taste
Bananalicious Bites is the combination of Kardaba (banana), peanut butter, lumpia wrapper and a
cooking oil that is resulting friendly taste. Our product was supposed to be just a plain banana, but with
quality ingredients inside our product may have the capabilities to kick up to the top. With the nutrients
and uniqueness of flavour that our product brings the costumers will surely buy it for the first day, next
day and all the days to come.
B. Quality
Our product will present a unique way of eating banana. With the filling inside and those are
cheese and peanut butter, it can surely give satisfaction to the costumer. It is also a good quality raw
materials. We may add chocolate syrup to make it more attractive and delicious.
C. Price
A pocket friendly budget. Beside the fact that our product is high quality it is also offer low and
approachable price.

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CHAPTER 2 : MANAGEMENT STUDY

I. FORM OF ORGANIZATION
As business starter, we will have sole proprietorship as our form of organization. Beside the fact
that it is the most common and simplest form of business organization, it is also the most common and
simplest form of business organization, it is also having a low financial requirement. It also requires less
paper works than partnership and corporation. You just have to register the business and get all the
licences required. The advantage of this business organization are; has no corporate tax, have minimal
legal costs and formal business requirement, the owner receives all the profit. But this business
organization can be dissolved easily if the personnel fail to maintain the quality of his product.

II. PERSONNEL SERVICES

The people who work for a particular business/company or organization within a company that deals
with the people who work for it for the contribution for the welfare of others as an employment, as a
servant to provide something. In this case the owner/ manager can't make his business grow without his
personnel. Each business must hire some employees that will help business to improve.

III. JOB QUALIFICATION

Manager/ Owner
•Must be a graduate of any course related to business
•Must have the knowledge of the product (Bananalicous Bites) and the business itself
•Should have the standard of being a creative thinker and hard-working

Bookkeeper
•Must be good in competition
•No criminal records
•Must be high school graduate

Cashier
•College level
•Relative of the owner/manager
•No criminal record and also good in computation

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Cook/Baker
•Has the knowledge on the product
•With experience on cooking
•Must be a high school or college level

Assistant Cook
•High school graduate
•Has a good personality and willingness to assist
•With experience in cooking/assisting

Saleslady/ Salesman
•Single and good in communication skills
•Pleasant personality/ good-looking
•High school/ college graduate

IV. JOB DESCRIPTION

Manager/Owner
1. Decides or plan for the business
2. Willingness to take a risk and maintain business performance
3. Supervises the business to meet its financial goals and good management

Bookkeeper
1. Keeps all the record
2. Monitor all the expenses
3. Responsible for quarterly tax return

Cashier
1. Receive payment of the costumers
2. Responsible for any costumer complains
3. Issues receipts, refunds, and change to the costumers

Cook
1. Prepares the product well
2. Monitor the quality stocks/ingredients
3. Manages the kitchen

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Assistant Cook

1. Monitor the quality of the ingredients

2. Assists the cooker/baker
3. Maintain the sanitation of the kitchen

Salesman/ Saleslady

1. Costumer communication
2. Showcase the product
3. Assist costumers

V. THE INTERNAL STRUCTURE OF ORGANIZATION

MANAGER/OWNER

BOOKKEEPER
COOK/BAKER

ASST.
COOK/DISHWASHER

CASHIER

SALESLADY

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VI. SALARY/COMPENSATION SCHEME

MANAGER COOK BOOKKEEPER CASHIER ASST. COOK SALESLADY
P 3 000 P 500 P 2 000 P 2 500 P 2 000
/month /month /month /month /month

VII. THE OWNER

We the researchers are the owner and the manager of the bananalicious bite business. We can probably
say that we can be a business owner and everyone else could tell because it was pretty evident in the way
we carried ourselves. We have the potential and capability to handle in harmonious way for a long period
of time. We are willingness to take risk and every one of us has a creativity mind, being confidence and
persistence and a hard-working business owner to protect our business for the long term in our way.

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CHAPTER 3: MARKETING STUDY

I. INTRODUCTION
All aspects of an organization marketing efforts as one lump plan. This ends up being a blend of
all of the organization marketing strategies implemented with the intended desire of maximum
results. The extent to which the goods/service be generated by the project are needed or demanded
and to design the appropriate marketing strategies and plans that will ensure that the project
outputs will reach and be accepted by the target users.
Market is not about providing products or services it is essentially about coping up to changing
benefits to the changing needs and demand of the customer’s process of perceiving, understanding,
stimulating and satisfying the customer’s needs, wants and expectations.

II. PRODUCT
Our product is Bananalicious Bites. It is best for snack time; to all especially students as; it is
nutritious, delicious, and taste-friendly and easy to make. It is made up of good quality ingredient
such as Kardaba (banana), lumpia wrapper, peanut butter, cheese and oil. Just simple ingredients
resulting to an appetizing taste. It’s also good for health and also environment-friendly.

III. PLACE
One of the best location for opening a business is near the school which has the more chances
we can achieve a successful business. So, Lapu-Lapu St. in Poblacion, Madridejos, Cebu which is near
to MadrIdejos National High School will be our location for Bananalicious Bites.

IV. PRICE
A pocket-friendly price for P 5.00 each. The is profitable and worth it. The price is perfectly
calculated after all the expenses.

V. PEOPLE
The purchase process is initiated when a customer become aware of a need. Once alternatives
have been identified through these sources, consumer evaluates the options, paying particular
attention to those attributes the consumer consider most important. Our customers will be the
entire Barangay Poblacion which is near in a school (MNHS) who are willing to buy our Bananalicious
Bites on a low price with a delightful taste to bite.

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VI. PROMOTION
We will make streamers showcasing our product so it will be noticeable to the public. We can have
extra promos for the customers. Our product is new in the market so we must find ways to promote
our product and put it in the market list of our customers.

VII. BRANDING AND PACKAGING

Bananalicious Bites is a delicious discovery new product that can be enjoyed as your snacks or even
dessert. Bananalicious Bites is the brand name which is probably the most popular among the very
affordable cheese-peanut rolls. This will be the well liked street food. That’s sliced bananas with peanut
butter over a lumpia wrapper with cheese and then fried. Then placed in a paper plate. With additional
chocolate syrup. This will be the most favoured product of all.

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VIII. POSITIONING
Bananaliciouus Bites may not be call as an original creation but rather an enhanced recreation of
a certain product. Basically, our product is originated form a Filipino delicacy turon-usually a slice of
banana wrapped in a lumpia wrapper an cooked in oil. It contains new ingredients as a twist than
eating just a plain turon, it is attractable to the sight and taste of the prospective customers.

IX. PROJECT ANNUAL DEMAND

Demand in economics is how many goods and services are bough on various prices during a
certain period of time. Demand is the customer’s need or desire to own the product or experience
the service. It’s constrained by the willingness and ability of the consumer to pay for the goods or
services at the price offered.

ASSUMPTIONS:

 Our product is P5.00

 20% of the total population of Brgy. Poblacion will not buy the product due to reasons;
a) They have allergies to the ingredients used
b) They don’t like the product
c) And any possible reasons
 Out of the 80% of the population left, 10% of these will be our daily customer.

5142 × 20% = 1028

5142 – 1028 = 4114 × 10% = 411 Our daily demand

411 × 365 = 150 015 pcs. Annual demand

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X. PROJECTED THREE-YEAR DEMAND

ASSUMPTIONS:

 Each year, we will have a 10% increase on our demand.

 We will add P1.00 to the price each year preceding year.

Year Annual Demand Price Annual Demand

(units) (peso)
2017 150 015 P5.00 P750 075
2018 165 017 P6.00 P990 102
2019 181 519 P7.00 P1 270 633

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CHAPTER 4: TECHNICAL STUDY

I. INTRODUCTION
The segment on necessary materials labor and technology and the means of shipping or transporting
goods, production and activities of the company. It states also the machineries and equipment used in
production and other aspects regarding bringing the raw materials into a finished product already for trade-
plan lay out size and production schedule are all presented for the purpose of identifying the business
operation.
Also product specifications the product process using flowchart the list of machinery, tools, and
equipment are enumerated with their corresponding costs, the raw materials and fund sources are also cited.
It is the essentials of this study, because this factors responds to the technicalities and basic structure of the
proposed study. It also entails the modification plan for a certain product.

II. INGREDIENTS
Bananalicious Bites is made up of good quality ingredients
 Kardaba (banana) - It is primarily a cooking banana thought it can also be eaten raw. It is one of the
most important banana varieties in the Philippine cuisine. It is a perfect match for
our product as it has a sweet taste.
 Peanut butter - Is a food paste popular in many countries, a spread made primarily from ground dry
roosted peanuts, but often containing additional ingredients that modify the taste or
texture.
 Eden Cheese - Is a processed filled cheese food. It has completely different texture and taste, it is
very creamy. This will get better results for Bananalicious Bites.
 Lumpia wrapper - (spring roll wrapper will work too) The wrapper are made up of flour and water,
or cornstarch, egg and water. It is additional taste and serve as for wrapping
Bananalicious Bites.
 Cooking oil - It is used in frying, baking and other types of cooking

III. MACHINERY and EQUIPMENT

Bananalicious Bites machinery and equipment

 Utensils (spork) - has a small shallow bowl attached to a handle usable for putting ingredients
in it.
 Calderone/Frying pan - A metal pan with a handle
 Knife - a sharp blade attached to a handle that is used for cutting something
 Plate - a flat and usually round/oval dish that is used for serving

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 Food tongs - a tool used to grip and lift objects of which there are
 Chopping block - a hand wooden block or which things might slice on it.
 Brush - use to brush the edge of the wrapper to seal

IV. MANUFACTURING PROCESS OF THE PRODUCT

To cook Bananalicious Bites,
Prepare all the ingredients
Kardaba(banana) Eden Cheese
Lumpia wrapper Peanut butter
Cooking oil
1. Prepare the filling
Bananalicious Bites is composed of cut cheese and peanut butter, simply cut up the cheese in
long rectangular pieces to get it ready to go.

2. Pull apart the lumpia

The sheets of paper-thin lumpia are difficult to pull apart; be very gentle so they don’t tear. Pull
them apart and lay them out to get them ready for assembly

 It might help to wet your fingers with warm water so they don't stick to the wrapper. You can also steam
the wrapper first to help them come apart more easily.
 If you can't find lumpia wrappers, spring roll wrapper also work well. Lumpia is a bit thinner than spring
roll wrapper but the taste is quite similar.

3. Fill the Bananalicious Bites

Lay 1-2 long slice of cheese on a wrapper. A little brush of peanut butter over the lumpia wrapper.

4. Wrap the Bananalicious Bites

Start by folding the top and bottom of the wrapper toward the middle. Roll the wrapper away
from you as you could an egg roll or jelly roll. Brush a big of egg white on the edge of the wrapper to seal
it in place. Finish filling and rolling the rest of the wrapper

5. Heat the oil

Pour the oil in a deep cast iron skillet or dutch oven suitable for frying. Let the oil heat until water
sizzles when sprinkled over it.

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6. Lay the Bananalicious Bites in the oil

Carefully place them in the oil one at a time. They should begin to sizzle and fry right away. Don't
overcrowd the pan or they won't cook even.

7. Remove the rolls when they are golden brown

They should be crispy and golden on the outside and creamy on the inside. Place them on a paper-
lined plates to drain then the super delicious Bananalicious Bites is ready to serve.

V. LOCATION
One of the factor that can help business success is the location. We need to considered some of the
factor for looking business location. The population of the place, the demand and supply of goods in the place,
the needs of the people and even the culture. In addition, you should look at neighborhood traffic generators,
such as other retailers that draw people to the area, industrial or office park, school, colleges and hospital
complexes. So we decided to choose Lapulapu St. in Poblacion, Madridejos, Cebu as our location for our
business which is near in school. Because the more the costumer the more the chances we can achieve
successful business. This will be a popular street food in Madridejos.

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SITE LOCATION MAP

LEGEND:

Church

Site Location

Business Establishment

School

A
MCES

O
L a p u – L a p u St.

D MANILA EATERY

MNHS

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VI. REQUIREMENT FOR OPERATION

 Barangay Clearance - is an important document that businessmen must have so they can process their
business and other personal transaction.

 Mayor's permit -is one of the requirements for every business or company to operate here in the
Philippines.

 Sanitary Permit -a certificate that is issued by an authorized governmental inspection agency that
confirms the facility and or cargo has been inspected and meets the minimum sanitary
requirements.

 Department Permit -constitutes permission to maintain, store, use or handle materials, or to conduct
processes which produce conditions hazardous to life or property, or to install equipment
used in connection with such activities.

 Business Licences/Permit -are permits issued by government agencies that allow individuals or
companies to conduct business within the government's geographical jurisdiction. It is
the authorization to start a business issued by the local government.

 BIR certificate (Bureau of Internal Revenue) -the most important requirement of all, because this is
necessary to require other permits and licences.

 DOLE certificate (Department of Labor and Employment) -were created to protect your resources in
operating your business.

 SEC certificate (Securities and Exchange Commission) -is responsible for regulating the securities
industry. It supervises all registered business entities in the country.

 DTI certificate (Department of Trade and Industry) -to prove that the name, type and the location of
your business is registered at DTI.

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CHAPTER 5: TAXATION STUDY

I. INTRODUCTION
Taxation is when government require citizens to pay a certain amount of money based on their
earnings and property to help fund public institutions. Taxes are used to pay for things like public education,
welfare programs, transportation, infrastructure, and libraries along with many other services.

Different types of taxes

 Capital Gain Tax - A tax levied on profit from the sale of property or of an investment.
 Donor's Tax - Is an excise on the transfer by a living person to another of money or other property
without consideration.
 Income Tax - A tax imposed on individuals or entities that varies with the income on profits of the tax
payer.
 Value Added tax - A tax on the amount by which the value of an article has been increased at each of
its production or distribution.
 Expanded withholding tax - Is a kind of withholding tax which is prescribed in certain income
payments and is creditable against the income tax due of the payer for the taxable
quarter/year in which the particular income was earned.
 Withholding Tax on Government Money Payments - Is the withheld by national government
agencies(NGAs) and instrumentalities including government-owned and controlled
corporations and local government units, before making any payments to non-VAT
registered taxpayers/suppliers/payees.
 Documentary Stamp Tax - Is a tax on documents, instrument, loan agreements and papers evidencing
the acceptance, assignment, sale or transfer of an obligation right or property incident
there to.
 Estate Tax - A tax levied on the net value of the state of decreased person before distribution to the
heirs.
 Percentage Tax - Is a business tax imposed on persons or entities who sell or lease goods, properties or
services in the course of trade or business whose gross annual sales or receipts do not
exceed 1.5 m and are non VAT-registered.
 Withholding Tax on Compensation - Is the tax withheld from income payments to individuals
arising from an employer, employee relationship.
 Final Withholding Tax - Is an amount of income withheld by the payers from the payee. The payer
pays this amount for the government as an income tax due from the payer.

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II. INCOME TAXATION

An income tax is a tax that governments impose on financial income generated by all entities with in
their jurisdiction. By law, businesses and individuals must file an income tax return every year to determine
whether they owe any taxes one are eligible for a tax refund. Income tax is a key source of funds that the
government uses to fund its activities and serve the public. Most countries employ earners pay a higher tax rate
compared to their lower-earning counterparts.

TAXABLE INCOME TAX RATE

More than But less than
0 P10 000 5%
P10 000 P30 000 P500+10% of the excess over P10 000
P2 500+15% of the excess over
P30 000 P70 000
P30 000
P8 500+20% of the excess over
P70 000 P140 000
P70 000
P22 500+25% of the excess over
P140 000 P250 000
P140 000
P50 000+30% of the excess over
P250 000 P500 000
P250 000
P125 000+32% of the excess over
P500 000
P500 000

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CHAPTER 6 – FINANCIAL STUDY

I. INTRODUCTION
In a business, organization and marketing, knowledge will not be enough without a financial capital. The
financial/financing plan is one of the most significant part of an entrepreneur’s business study/plan. It may
refer to an assessment of the viability, stability and profitability of a desired business. It also states the
expected expenses of the business.

Every business owner must learn at least the basic finance principle to effectively run his company.
Finance helps management gain a clear understanding of the business’ current financial position, particularly
whether the business is profitable or not. Companies of all sizes benefit from thorough financial planning to
guide the business steadily down the path to future growth.

II. CAPITAL REQUIREMENT

Our capital will be provided by Mr. VINCENT DAVE ABELLO. He will be responsible of finding/providing
the capital to implement this business. He also in fact is the only person in our team that has the knowledge
to sustain the business.

1. Cost of Organization

Barangay Clearance P165.00

Cedula P50.00

Fire Protection Permit P150.00

Business Permit P500.00

Sanitary Permit P50.00

Electrical Permit P150.00

Garbage Fee P50.00

DTI Registration P500.00

BIR Registration P500.00

Etc. P100.00

P2 215.00

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2. Inventories
500 kls. Banana(kardaba) (500 × P30.00) P15 000.00
125 pcs. Eden Cheese (125 × P50.00) P6 250.00
15 gallons cooking oil (15 × P200.00) P3 000.00
50 jar peanut butter (50 × P60.00) P3 000.00
300 packs lumpia wrapper (300 × P22.00) P6 600.00
P33 850.00

3. Salary/Wages
Cook P3 000.00
Bookkeeper P500.00
Cashier P2 000.00
Asst. Cook P2 500.00
Saleslady P2 000.00
P10 000.00
4. Power and Utilities
Electricity P500.00
Water P100.00
Fuel P100.00
Gas P1000.00
Etc. P400.00
P2 100.00
5. Sales Promotion
Tarpaulin P500.00
Freebies P500.00
P1 000.00
6. Rental P2 000.00
7. Fixed Asset
Food storage P200.00
Knife P300.00
Chopping board P80.00
Plates P75.00
Spoon P25.00
Food scissors P30.00
Food tongs P50.00
Frying pan P250.00
Stove P750.00
P1 760.00

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8. Space Improvement
Paint P3000.00
Labor P1000.00
P4 000.00
9. Furniture&Fixtures
Table P5 000.00
Chairs P2 000.00
Display Cabinets P1 000.00
P8 000.00
10. Reserve P35 075.00

Total Capital Requirement P100 000.00

III. INCOME STATEMENT

An income statement is a financial statement that reports a company’s financial performance over a
specific accounting period. Financial performance is assessed by giving a summary of how the business incurs
its revenues and expenses through both operation and non-operating activities. One important thing to
remember about an income statement is that it represents a period of time like the cash flow statement.

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INCOME STATEMENT

For the Year Ended December 31, 2017

Sales (411 × P5.00 × 365) P750 075.00

Less: Operating Expenses

Organizational Cost P2 215.00

Supply Expenses (P33 850 × 12) P406 200.00

Salary Expenses (P10 000 × 12) P120 000.00

Utility Expenses (P2 100 × 12) P25 200.00

Advertising Expenses P1 000.00

Rent (P2 000 × 12) P24 000.00

Miscellaneous Expenses P5 000.00

Total Expense P583 615.00

Net Income before Tax P166 460.00

Less: Income Tax

First tax on P140 000 P22 500.00

Excess (166 460 – 140 000 = 26 460 × 25%) P6 615.00 P15 885.00

Net Income after Tax P150 575.00

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Income Statement for 2018

Assumptions:
 There will be an increase on the sales (10%) and our price will increase by P1.00
 Organizational Cost will decrease down to 20%
 Advertising Expenses will be no longer included.

INCOME STATEMENT

For the Year Ended December 31, 2018

Sales (411 × 365 = 150 015 × 1.10 = 165 017 × P6.00) P990 102.00

Less: Operating Expenses

Organizational Cost (P2 215 × .20) P443.00

Supply Expenses (P406 200 × 1.10) P446 820.00

Salary Expenses P120 000.00

Utility Expenses P25 200.00

Rent P24 000.00

Miscellaneous Expenses P5 000.00

Total Expense P621 463.00

Net Income before Tax P368 639.00

Less: Income Tax

First tax on P250 000 P50 000.00

Excess (368 639 – 250 000 = 118 639 × 30%) P35 591.70 P85 591.70

Net Income after Tax P283 047.30

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Income Statement for 2019

Assumptions:
 There will be an increase on the sales (10%) and our price will increase by P1.00
 Salary Expenses will increase by 20%

INCOME STATEMENT

For the Year Ended December 31, 2019

Sales (165 017 × 1.10 × P7.00) P1 270 630.00

Less: Operating Expenses

Organizational Cost P443.00

Supply Expenses (P446 820 × 1.10) P491 502.00

Salary Expenses (P120 000 × 1.20) P120 000.00

Utility Expenses P25 200.00

Rent P24 000.00

Miscellaneous Expenses P5 000.00

Total Expense P666 145.00

Net Income before Tax P604 485.00

Less: Income Tax

First tax on P500 000 P125 000.00

Excess (604 485 – 500 000 = 104 485 × 32%) P33 435.20 P158 435.20

Net Income after Tax P446 049.80

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IV. FINANCIAL ANALYSIS

The year 2019 will be the most profit-making year. Because it has less operating expenses disregarding
the increase on salary scheme. It also has the greatest rate of return, 82.24%

2017 2018 2019

Net Income 150 575.00 283 047.30 446 049.80

Net Worth 250 575.00 383 047.30 546 049.80

Return of Investment .600918 .738936 .822361

Rate of Return 60.09% 73.89% 82.24%

V. RECOMMENDATION/CONCLUSION
Our product must be allocated with a capital for it has a big chance to shine in terms of business. It has
difficulty to manage but no easy in making profit. Beside that our product is profitable, it also in fact can bring
profit to the owner for the very first year.

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CHAPTER 7: SOCIAL DESIRABILITY

Who will benefit the business?

Owner
People who are self-employed rather than employed by someone else also have other potential
advantages. They may be able to enjoy income tax breaks not available to employees, such as hiring other family
members and income splitting. Best of all, owning your own business can have you waking up with a smile on
Mondays eager to start work rather than dragging yourself into someone else's business. When you own your
business, you're the one in control, you get to build something, you get to help people, you may have the option
of a more flexible lifestyle, you might change the world and you make more money. The possibility of making
more than you could possibly make as an employee.

Employees
A certain business also gives benefits to its employees. It also offers opportunity to the employees such
grabbing a scholarship for their children and may have the chance to become one of the owner of the business.
But the most important is that business can give a better way of living by giving salaries to its employees. When
customers-contact employees are empowered to provide better service they are given more authority and
discretion to act. They are encouraged to used their creativity and initiative and then they are rewarded for
doing so.

Customers
The reality is that you can talk about how important services is from the highest level of your
organization you can begin to change processes and procedures organization which reinforce customers focus
and your staff can work diligently at trying to provide service excellence. Whenever there is a bump in the
economy and you know there will be one soon, costumers who do not feel valued are less likely to remain loyal
to a brand or a provider.

Government
As the business has to discharge certain responsibilities toward the government, similarly the
government has to discharge several responsibilities towards the business. Government is the most powerful
and sovereign authority in the country. It can do or undo anything. The government can use that power to
regulate and to stimulate business. This information is highly useful to business in formulating its policies. The
government can keep that information open to business reserves certain field of production for the public
sector.

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Supplier
A variety of indirect suppliers are essential to almost every working organization. Better relationship
and increased interaction will lead to less incidents or issues of poor performance, which in turn lead to lower
cost for managing the relationship and reduced costs through failures. The reverse is of course also true for a
supplier will commit to more modest or flexible pricing models for long term contracts in order to mitigate their
risk and exposure.

Environment
Reducing the environmental impact of your business will improve the sustainability of a business. If you
are less dependent on natural resources than your competitors and have ways to deal with rising costs due to
climate change, your business will have a greater chance of long form success. Taking steps to prevent
environment damage will reduce your risk of incurring costs and of having to carry out potential expensive
remedial work in the event of an environment incidents.

Competitors
When your competitors make more profit than you, it means that they have adopted some great
techniques to attract customers. So you can study strategies that your competitors adopted which makes them
successful. Thus, you can easily know the pulse of your costumers and this can be utilized to make your business
successful. In short you get better ideas that you can make use of.

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RESEARCHERS’ PROFILE
Name: Philipp Charles B. Lambayan
Nickname: Philipp or Pidang
Address: Mancilang, Madridejos, Cebu
Contact: 09091520157
Advocacy in Life: Work hard to have a good career, help my family
and serve God.

Name: Marlette C. Denampo

Nickname: Lhet
Address: Mancilang, Madridejos, Cebu
Contact: 09506658786
Advocacy in Life: Day by day as changes all of my life. I am dreaming to
become a successful paediatrician in the future because I
believe in the saying of working together is a great
success to one another united us one that bring renewed
strength and brighter times for what we dream of.

Ten years from now I see myself serving with our almighty GOD all of my heart and soul. There
are many opportunities comes to me maybe. I will continue my dream to be a master in Medicine.

Name: Rhoty C.Ybañez

Nickname: Rhoty/Cuty
Address: Kabac, Bantayan, Cebu
Contact: 09054194033
Advocacy in Life: They say a journey of a thousand miles begins with a single
step. I took mine and fell flat on my face. As a young man, I dreamed of
changing the world…Things are never as complicated as they seem.
It is only our arrogance that prompts us to find unnecessarily complicated
answers to simple problems I concluded that if I could only nudge the world
a little bit, maybe that would be enough.

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Name: Vincent Dave V. Abello

Nickname: Dave or Edjie
Address: Bunakan, Madridejos, Cebu
Contact: 09104875840
Advocacy in Life: Ignore what other people say. You know yourself than
others do.

Ten years from now, I see myself as a successful man that has a
capability to associate with other people .

Name: Jazer A. Dela Cruz

Nickname: Jaz
Address: Poblacion, Madridejos, Cebu
Contact: 09484291917
Advocacy in Life: To be a better and successful man for the future.

Name: John Herald T. Lauron

Nickname: Lauron/Herald
Address: Sitio Florencio P. Street, Malbago, Madridejos, Cebu
Contact:
Advocacy in Life: Is to become a successful Engineer or Doctor in
my future.

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MAKING OF THE BUSINESS PLAN

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MAKING OF THE BUSINESS PLAN

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