Introduction

Prooftect is a kind of weatherbag that has its own waterproof cover. It is convenient in a way

that you can change it everywhere from ordinary bag to extraordinary good for rainy season.

The Prooftect bag has its own compartment at the below of the bag with zipper wherein the

cover was stored.

The nylon taffeta will be the protection against the water. The proponents decided of this kind

of product because it is feasible for students, workers, etc. who don’t have enough money or

time to spend much just to purchase waterproof bag. Instead of purchasing expensive

waterproof bag, they have to buy our bag which is cheaper than others. It can also protect

their personal things inside the bag. Kids will be able to use it also especially we have variety

of designs that can fit for them.

People nowadays struggled in unpredictable weather. The proponents decided that having bag

with water resistant cover is important in a way that they will benefit from it.

It is affordable and flexible that can it can create various growth opportunities for the global

bags market over the forecast period.

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1.1 Name of Firm

Prooftect came from the words “proof” for waterproof and “tect” for protection. The

proponents decided this name because it‘s catchy and easy to recognize by our customers.

Also, we offer bags that have waterproof cover for the protection of the bag and its content.

1.1.1 Description of Logo

Figure 1.1 Logo

Our logo represents as our trademark in our business. The circle signified as a protection that

we are concern for every little thing especially for the customers. The bag itself represents

our product which is backpack to be more popular and attractive for the customers.

The proponents agreed to have black and white logo. Black for the backpack and circle figure

signifies power, elegance, authority and strength while white color for the background of the

logo means righteous, clean and peaceful that defines the service we offer.

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1.1.2 Tagline

“PROTECT YOUR THINGS”

The proponents decided to make a catchy tagline so that customers easily remember our

product. We came up to this tagline so that our customers will feel that they are safe and

comfortable whenever they wear our bag. The customers will stand out wearing new product

that tends to be an extraordinary in the eyes of other people.

1.1.3 Mission

Giving the best quality product that meets the consumers’ highest satisfaction. In which every

person across the state attains the genuine protection during rainy season; so that every

person will enhance his own potential in any activities regardless of what the weather would

be.

1.1.4 Vision

To be the most trusted branded bag in the industry in which every customer will prefer due to

its waterproof features.

1.1.5 Core Values

Be remarkable – We are dedicated in achieving the best of the best in every innovative

product we made and services that we offer.

Accountability – We accept our individual and team responsibilities and we meet our

commitments. We take responsibility for our performance in all of our decisions and actions.

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Grow Profitably – We are responsible as a company to grow profitably in order to reward

our employees as well as to provide customers with the highest service and innovative

products in the industry.

1.2 Location

Figure 1.2 Store Location

The proponent prefers to have both the Main Office (store) and the plant size (production) at

350 Roosevelt Avenue, Project 7, Quezon City, Metro Manila. This is to have an easy access

to any bu2siness transaction, to save time, and effort in transporting papers needed in office,

and to make easier to the customer to visit our store.

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 1.2.1 Store Façade

Figure 1.3 Store façade

Our front door is same on the actual physical store in 350 Roosevelt Avenue, Project 7,

Quezon City, Metro Manila. The color of the name is white with the black outline yet simple

but elegant. We also prepare different colors to add more relax and cool feeling whenever our

customer is choosing design of their bag.

The location site has a 50 square meter divided into five divisions: (I) Selling Area which has

10 square meters, (II) Storage Area has 8 square meters (III) Office Area which has 10 square

meters, (IV) Production which has also 20 square meter, and (III) Comfort Room which has 2

square meters.

5
1.3 Brief Description of the Project

Prooftect is a kind of bag that offers water resistant cover. In Prooftect, the waterproof cover

has its own compartment below. They can use the waterproof cover for unpredictable

weather.

1.4 Project Summary

1.4.1 Market Feasibility

Prooftect has a potential in the market because of the place and surrounded by 5 schools. To

achieve these goal proponents planned different marketing strategies such as buy 2 take 1,

discounts and etc. The market study covers the general business condition; competitive, target

market, demand, supply, product, pricing strategy, promotion and packaging, workers,

students and also to those who belong in the middle class are our target market.

1.4.2 Technical Feasibility

The business that the proponents agreed to come up is bag with waterproof cover that can be

use in unpredictable weather in order to satisfy the needs of the customers. Machineries and

equipments, furniture and fixtures were listed as well as raw materials and other supplies with

their corresponding costs. This topic includes the allocation of resources that will be needed

in satisfying the market such as utilities, production schedule and labour. After knowing the

market size, area and geographic location the potential and technical feasibility of the project

is feasible based on the various aspects that the proponents considered in operating the

business.

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 1.4.3 Management Feasibility

The management feasibility is study that concerns the organizational set-up of the business,

which is includes the organizational chart and the qualifications of the people involved and

manage the business. It also determines the type of business ownership.

The management is composed of five (5) personnel delegate as follows; 2 as production

worker, 2 as office personnel and 1 for selling area. The five (5) management personnel have

been assigned in different key area/department to maximize company’s resources. The

functional structure of the business is based on its purpose.

The two (2) office personnel are to facilitate all the transactions and operation of company.

The number of manpower needed depends on the market demand and company stability. The

two (2) management personnel were assigned as worker is to familiarize themselves in the

flow of how the units produced and to build up good relation with the employee.

The company provides mandatory benefits for the employees such as Social Security System

System (SSS), Phil Health, Home Development Mutal Fund (HDMF) and 13th month pay.

These benefits are conformity to the labor code of the Philippines in terms of salary and

wages. The management takes mass production where employee required producing large

number of similar items. The management agrees to pay the hired worker a gross amount of

P10,719.02 as hiring rate salary and having an increase of 2% for every two (2) years.

Workers should have total finish products of twenty (20) units per day during first year and

succeeding years with increase based on potential market.

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The management style adopted by the company is participatory leadership where in the

employees seek their own knowledge and making their own decisions by participating and

engaging themselves on all the operations of the company.

1.4.4 Financial Feasibility

The business initial investment is Php 1,000,000.00 which came from partners’ contribution.

There are no other sources of capital aside from partners’ contribution. The business has a

projected financial statement for the first year of operation. It includes financial performance,

statement of financial positions, statement of cash flow, statement of charges in partners,

capital, Supporting notes to financial statement, relevant financial ratios and break even

analysis.

1.4.5 Socio-economic Impact

The Prooftect is producing bag with waterproof cover for the customers to achieve their

satisfaction and needs for bag that secure the dryness of their things inside it. Establishing the

business provides employment to the people in the area of plant location. Also, the business

complies with the rules and regulations in starting an organization. The benefit of the

company is extended to the community to where it is located.

1.5 Background of the Study

1.5.1 Brief Background of the Study

Prooftect mainly focuses in bags with waterprof cover. The customers will first choose plain

backpack and afterwards, they can have variety of designs and colors for them to choose from

to be satisfied.

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Prooftect is a kind of business that offers bags with waterproof cover provides desired

fashion, promote uniqueness and creativity by having some designs that are fit for every

person or customers that will buy our product and also providing waterproof cover that can

secure the dryness of the things inside the bag.

1.5.2 Objectives of the Study

 To be able to promote new trend that will help other generation to be more creative

and productive.

 To give the best service that can satisfy the customer.

 To ensure the satisfaction of our employees and have continuous provision for their

socio-economic needs.

1.5.3 Scope and Limitation of the Study

This study focuses on a bag with water resistant cover of Prooftect. We conducted a survey

around the area of 350 Roosevelt Avenue, Project 7, Quezon City, Metro Manila to know the

number of possible demand for our business. The survey also helps us to know our strength

and weaknesses among the other competitors. And also shows that the demand of our bag

will increase because we offer waterproof bag in a cheaper cost than the other competitors.

1.5.4 Operational Definition of Terms

Sewing Machine – cranking the handle needle penetrates the fabric only as quickly as you

can spin. An antique electric singer sewing machine may have the motor strapped to the side.

Zipper – a device consisting of 2 flexible strips of metal or plastic with interlocking

projection closed or open by pulling a slide along them, used to fasten garments bags and

other items.

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Nylon taffeta – made up of synthetic nylon fibbers .Due to the thick of taffeta and nylon’s

weather resistant and tear resistant properties nylon taffeta is particularly strong and useful

for outdoor applications.

Thread – a long then strand of cutting nylon or other fibbers in sewing or weaving.

Needles – a sewing needle for hand sewing is a long slender tool with a pointed top at the end

and a hole or eye at the other.

Nylon Fabric - is a thermoplastic silky material that can melt processed into fibers.

Buckles or clasp - is a device used for fastening two loose ends, with one end attached to it

and the other held by a catch in a secure but adjustable manner.

Snap fastener - is a pair of interlocking discs, made out of a metal or plastic, commonly used

in place of buttons to fasten clothing and for similar purposes.

Strap - a strip of leather, cloth, or other flexible material, often with a buckle, used to fasten,

secure, or carry something or to hold onto something.

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 II. Market Study

2.1 Objectives of the Study

 To meet the customers’ satisfaction in order to make them as regular clients.

 To provide high quality products with affordable prices.

 To maintain the good working relationship with all our employees and suppliers.

 To be an excellent company here in the Philippines that will be loved by the Filipinos

2.2 Methodology

Methodology involves a brief explanation of the research and procedures that will be used to

attain the objectives of our study by using Methods of Research. The proponents used the

Qualitative Approach. This approach included data collection and analysis. It was conducted

by giving survey questionnaire around 350 Roosevelt, Project 7, Quezon City. The result of

the conducted survey will become the basis of our proposed product. Aside from giving

questionnaires, we also interviewed some sellers of bags that can be our retailers since they

offered same product. This will serve as our strategy in promoting our product that is new in

the market. The proponents decided to have 100 respondents and 96% of them wanted to

have Prooftect.

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2.3 SWOT Analysis

4 P’s Strength Weakness Opportunities Threats

Use marketing

tools such as FB,

New trend in the Strong
Promotion IG etc. Limited budget
market competitors
Flyers and

discounts

Limited
Commercialize Surrounds by Low barrier to
Place distribution
area many residence entry
acceptability

Rapid changes of
Competitive Increasing cost
Price Affordable price price in raw
price of production
materials

Attractive Fashion change

Product Innovate product Low brand name
packaging fast

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2.4 Competitors Analysis

Hours
Current
Competitor’s Product Past Strategies Strength per
Strategies
weeks

Social media Strong brands

Jansport Bags Lifetime warranty 77 hrs
sites name

Bags and Using give out a Buy one take one

Heartstring Brands 77 hrs
apparel promotional gift on selected items

Trendy colours
Anello Bags Billboards Brands 77 hrs
and designs

The table is a competitors’ check last July 30, 2018 and August 2, 2018 at the SM Annex.

The proponents selected only store which offered same line of our product. This is to check

any promotional strategies in a past month. The proponents act as customers to forcedly pass

and enter the competitors store and select consecutive month to oversee ongoing promos by

each store.

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2.5 Demand

The proponents decided to place the business at 350 Roosevelt, Project 7, Quezon City

wherein a lot of people pass by. The barangay around the place are as follows: Paltok,

Paraiso, Damayan Del monte, Katipunan, Mariblo, Veterans Village, San Antonio and Santa

Cruz. The people who lived near in our store will be our possible customer and also some

commuters will be our possible customers.

DATA NEEDED:

 2010 and 2015 Population of Project 7

 Growth Rate

FORMULA:

GROWTH RATE %= Present Year – Past Year x100

Past
____________________________
n
SOURCE:

 Population for year 2010 and 2015 (Quezon City hall)

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 YEAR POPULATION

2013 87,991

2018 89,494

POPULATION DIFFERENCE 1,503

AVERAGE POPULATION PER YEAR 300.60

POPULATION MARGIN 0.02

GROWTH RATE % 1.71

AVERAGE GROWTH RATE % 0.34

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 2.5.1 Consumption for the past years

PROJECTED POPULATION OF THE PAST FIVE YEARS AND NEXT FIVE

YEARS

2013 87,991

2014 88,291

2015 88,592

2016 88,892

2017 89,193

2018 89,494

2019 89,794

2020 90,095

2021 90,395

2022 90,696

2023 90,997

Total average growth rate 300.06

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2.5.2 Projected Demand

DATA NEEDED:

MARKET ACCEPTABILITY - Percentage of people who are willing to buy

the product. It represents as decimal number as it multiplies to obtain annual demand.

AVERAGE NO. OF ITEM TO BUY - It is obtained by calculating the mean

of the purchasing power of customer based on the survey result.

Market Average no. of

Year Population Potential Market
Acceptability item to be sold

2019 89,794 0.96 86,202 1

2020 90,095 0.96 86,491 1

2021 90,395 0.96 86,780 1

2022 90,696 0.96 87,068 1

2023 90,997 0.96 87,357 1

This table shows the demand in the next five years.

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2.6 Supply

Supply is the total amount of products goods, or services available for purchase at any

specified price during a defined period of time. Supply is the sum of all individual producer

supplies. The company is composed of 4 workers everyone should create 5 bags for the first

year of operation. The numbers of finished product produced in succeeding years increase as

a number of demand increases. The supply will project by the proponent by calculating the

number of unit per day multiply by the number of days in a year.

2.6.1 Projected Supply

No. Production
No. of unit per day Annually
Year workers
(B) (Bx365)
(A)

2019 4 20 7,300 units

2020 4 24 8,760 units

2021 4 24 8,760 units

2022 4 28 10,220 units

2023 5 40 14,600 units

The table shows the projected number of units produced per year.

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2.7 Demand and supply Analysis, Demand/Supply Gap

DATA NEEDED

*Projected Demand for five years

*Projected Supply for five years

*Demand-Supply Gap - is calculated by subtracting Annual Projected Demand to Annual

Projected Supply

*Percentage of Unsatisfied - is calculated by dividing demand-supply gap to Annual

Projected Demand multiply by 100

Annual Projected Annual Demand & Supply

Year Unsatisfied
Demand Projected supply Gap

2019 86,202 7,300 units 78,902 91.53%

2020 86,491 8,760 units 77,731 89.87%

2021 86,780 8,760 units 76,560 88.22%

2022 87,068 10,220 units 76,848 87.97%

2023 87,357 14,600 units 72,757 83.29%

Demand and supply gap

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2.8 Projected Sales

DESIRED
POTENTIAL TARGET
TARGET
MARKET POPULATION
POPULATION

YEAR (A) (B) (A x B)

2019 85,914 8% 6,873

2020 86,203 10% 8,620

2021 86,491 10% 8,649

2022 86,780 12% 10,414

2023 87,357 17% 14,851

2.8.1 Portioned of Produced Product

ANNUAL

YEAR PROJECTED BACKPACK SHOULDER BAG

SUPPLY

2019 7,300 units 4,380 2,920

2020 8,760 units 5,256 3,504

2021 8,760 units 5,256 3,504

2022 10,220 units 6,132 4,088

2023 14,600 units 8,760 5,840

The productions of items are 60% backpack and 40% shoulder bag. Each worker should

produce with accumulated of 3 units of backpack and 2 units of shoulder bag daily.

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 2.8.2Projected Sales for Backpack and Shoulder Bag

YEAR TARGET BACKPA SALES (A x SHOULD SALES (B TOTAL

POPULA CK 83% P399) ER BAG x P299) SALES

TION (A) 17% (B) ANNUALLY

2019 4,380 3,635.40 1,450,524.6 744.60 222,635.4 1,673,160

2020 5,256 4,362.48 1,740,629.52 893.52 267,162.48 2,007,792

2021 5,256 4,362.48 1,740,629.52 893.52 267,162.48 2,007,792

2022 6,132 5,089.56 2,030.734.44 1,042.44 311,689.56 2,342,424

2023 8,760 7,270.80 2,901,049.2 1,489.20 445,270.8 3,346,319.2

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2.9 Marketing Strategies/Programs

For the 1st year of our business proposal

Month of January

In a usual business they have some gimmicks during the grand opening. Prooftect offer

discounts coupon to the first 50 customers. The business also started to distribute fliers.

Figure 2.1 Discount Coupon

February

In this month, the business offers couple designs because this is the month that celebrates

Valentine’s Day. So the proponents offers to the first 20 couples a 20% discounts when they

buy a pair of our product

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March-April

The proponents planned to here consignment sales in Victory Mall. The business chose this

site because there are a lot of people go here especially low and middle income class that suit

to the income of the customers since it is affordable

May – June

The proponents intended to generate sales with the help of re-sellers, and direct selling

because this month is the peak season for bags that school opening is approaching. So the

team prioritized direct selling instead of allocating budget for rent.

July – August

The proponents decided to have a buy 2 take 1 for this month because it is the month that

rainy season so the need our product. The proponents accepted shipping with additional rate

depends on the location of the customer. The anticipated customer can order to our online

accounts through private message. The payment is give to the staff who delivered the orders

once the product received.

Month of September

The proponents joined bazaar and still prove direct selling. The sales increase due to the

workforce and improving quota each worker. The team also uses discounts and promos in

order to gain more attention to the customers.

Month of October – November

The team decided to added another designs that carry or fearsome because this month many

people preparing for Halloween.

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Month of December

The business added complementary products such as sling bag because technically the

demand for backpack bag has fallen and might affect in having sales. So to cover up the loss,

producing strap bag with variety of designs which is water resistant only as a complementary

profit might help the difficulty on acquiring more sales and we give for the selected items,

and the team also decided 50% discount plus have raffle draw promo.

Figure 2.2 Raffle ticket

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 PROJECTED SALES ₱34,000

200 buyers x 170 required purchase

ADVERTISING EXPENSES ₱1,500

32” TV LCD ₱10,000

VIVO V5 ₱8,500

2 Prooftect bags ₱698

DTI PERMIT ₱250

Accumulated Expenses ₱20,948

Total Net Sales ₱13,052

Advertising Expenses

2.9.1 Product

The product offers different categories with corresponding designs and colors. After 1st

succeeding year, we will offer personalized bag depends on the customer if they want too for

them to satisfy their needs and wants. In our 1st year, we offer product that is plain but

fashionable, it can make everyone feel comfortable and safe whenever they wear our bag.

2.9.1.1 Product Category/Quality and Style

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______________________Backpack with water resistant cover___________________

Small Medium

Large for travels and gadgets

__________________________Variety designs of backpack______________________

Figure 2.3 Variety designs of backpack

26
____________________ Shoulder bag with water resistant cover_________________

27
_________________________Variety designs of shoulder bag____________________

Figure 2.4 Variety designs of Shoulder bag

2.9.2 Brand

Our brand is not just a simple bag but an extraordinary bag that can fit to your outfit. The

backpack is simple yet elegant. The waterproof cover is the uniqueness of our brand. We

prefer plain because customers will easily to recognize not just in design but the simpler look

of the brand. Prooftect will become a new trend in a market that can be bought in affordable

price with its own quality.

2.9.3 Packaging

Prooftect bag will be purchased together with the packaging that is easy to carry and also it

helps to our environment because it is made up of paper with quality packaging. Our

packaging is printed with our logo, Facebook page, contact number and address of our store.

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 Figure 2.5 Packaging

2.9.4 Pricing

The method of determining the value a producer will get in the exchange of goods and

services. The proponents compute all the cost such as material cost, labour cost and overhead.

They are included in determining reasonable price in the market.

Product Price

Backpack ₱399.00

Shoulder Bag ₱299.00

2.9.5 Place of Distribution

Our product is sold by two different kind of selling. First, direct selling which customer will

buy directly the product where the business or store is located. Second, through social media

29
sites such as Facebook, Instagram, etc. they can order there what product they prefer and

deliver it around Quezon City area only.

Online

PROOFTECT
Customers

Public
Markets

Figure 2.6 Place of Distribution

2.9.6 Promotions/Advertising Promotion

Bag is used most of us who commonly use in work, school, travel, etc. Our mainly target is

workers, employees and students not only on our surroundings but also promoting on social

media sites such as Facebook, Twitter, Intagram, etc. We will also provide some common

way in promoting like fliers and demonstration.. Giving discounts in our soft opening day,

special events, clearance sale, etc. is one of our target sales because people love discounts and

products that are new trend in the market.

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 Facebook Page

Figure 2.8 Facebook Page

Facebook is one of the most popular websites on social media on the internet with about 1.28

billion active users. Facebook is the most visited website on the internet next to Google.

We therefore conclude that having Facebook Page is one of our marketing tool because of its

large numbers of users. We expand the use of Facebook to build awareness and attract

customer. Also they can easily contact us by leaving or sending message to our page and we

will response actively.

Advertising on Facebook is inexpensive. It is fit for selling products in a fairly affordable

price. Also allowing you to reach as many users as your budget allows.

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 Figure 2.8 Instagram Page

Instagram Page

Instagram is brilliant as a marketing channel to expand your brand to new audiences. It is

actually an equally powerful platform for brands and businesses. A whopping 80% of

Instagram users follow at least one business account. With millions of users, Instagram has

become the perfect opportunity for brands to get quickly messages and photos to their target

audience. That’s why having Instagram page can make our business known by other

customers and easily browse what our product category.

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Flyers

Figure 2.9 Flyers

One promotional medium that has been around for years is word of mouth. In fact, word of

mouth is how advertising as we now know it started. Getting someone to promote something

through word of mouth is the very basics of advertising and this technique has evolved in

recent years thanks to the growth of social media channels. For many small businesses

channels like Facebook and Twitter offer a free channel to promote both their business

offerings and any special events. While this certainly has its benefits in terms of cost, it can

be a pretty laborious task to try and really spread the word and promote your event.

MARKETING EXPENSE ₱1,200

Market Expense for Flyers

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Calling card

Calling card is an easy way to communicate prospective consumers. The calling card has size

of 2.0’ x 2.7. The proponent has been expected to distribute 100 pcs calling cards.

Figure 2.10 Calling card

MARKETING EXPENSE ₱200

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 III. Technical Study

3.1 Objective of the Study

 To identify what kind of equipment must appropriate on a product business and will

also discuss what activity or maintenance of the business should undergo to maintain

the quality of product:

 To know what are the factors that the researchers consider in choosing their location.

3.2 Product/Service

3.2.1 Description of the Product

This the perfect backpack with water resistant covers for any active person who wants to

bring their belongings along with them in school or even their destination. Prooftect used

nylon taffeta as a waterproof cover of the bag. Nylon taffeta is a taffeta fabric made out of

synthetic nylon fibers. Due to the thick nature of taffeta and nylon’s weather resistant and tear

resistant properties, nylon taffeta is particularly strong and useful for outdoor applications.

This material often used for tents, jackets, purses, storage covers and backpacks. It can be

used as a temporary tarp during harsh weather conditions.

3.2.2 Uses of the Product/Service

Our product is made up of nylon taffeta. It keeps your valuables safe and dry whenever you

go, rain or shine .With its adjustable shoulder strap, it’s never a hassle to bring it on your trip.

Prooftect bag is used to protect electronics from water. As well, they used to prevent personal

things or spare clothing from getting wet.

35
3.3 Manufacturing Process

Manufacturing process are the steps through which raw materials are transformed into a final

product. Making a business is not just for the profit but for the high satisfaction of our

customer and gets their loyalty towards our product.

Prooftect choose continues process as a type of operation. Continues manufacturing is a type

of production where the product is produce continuously.

3.3.1 Description of the process

The operation in charge will see if the process is operated well by its quality. Controlling

quality and self-inspection is the other way in improving the overall operation.

Cutting – Fabrics will cut by the one worker. It will cut according to the design of the

backpack using the cutting machine after tracing around the edges with fabric chalk or

something similar. Fabric is arranged in layers and cut according to the product pattern. Cut

the fabric is marked according to product coding and handed over to concerned department

for further processing.

Sewing – The labour will systematically do all the process until finished the product. Sew

outer fabrics, inner padding, adjustable strap, magic tape and so on. This is to make one bag.

All the components used to manufacture the bag are bought and stitched together using the

single needle machine. The gathered parts are assembled to form the product by highly

skilled and trained labourers under the supervision of technically qualified supervisors. Since

the company has 4 single-needle machines used in production, therefore 4 persons will be

assigned in the product to make a bag.

36
Inspection and Packaging

The production in charge will take an inspection for every finished product .It will cut off the

individual threads sticking out tests the bag. The bag and water resistant cover is turned

inside out to inspect each seam, the finish on zips and corners. Anything that looks out of

place might be invisible to a consumer. After the bags are inspected and tested, they are

neatly packed as per requirement of the consumer then immediately shifted to a clean storage

room.

3.3.2 Alternative process considered

Alternative process is the other ways of proponents decided in making final product

presentable and have its own quality.

Aside from zipper for the compartment of the bag, they also considered Press snap button as

their alternative equipment to have a final product.

Alternative equipment Image

Press snap button

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3.4 Production Schedule

PRODUCTION HOUR OFFICE HOUR

8AM – 8PM 8AM – 8PM

Our company opens from Monday to Sunday. Sunday to Thursday 8am to 6pm and

Friday to Saturday 8am – 8pm.The proponents decided this kind of schedule specially

weekends because that’s the time that people want to buy their needs.

3.4.1 Projected Number of Production

DAILY WEEKLY MONTHLY ANNUALLY

WORKER 1 5 30 120 1440

WORKER 2 5 30 120 1440

WORKER 3 5 30 120 1440

WORKER 4 5 30 120 1440

TOTAL UNITS PRODUCED FOR 1 YEAR 4880

Projected Number of Production 1st year

38
 DAILY WEEKLY MONTHLY ANUALLY

WORKER 1 6 36 144 1728

WORKER 2 6 36 144 1728

WORKER 3 6 36 144 1728

WORKER 4 6 36 144 1728

6912
TOTAL UNITS PRODUCED FOR 1 YEAR

Projected Number of Production 2nd year

39
 DAILY WEEKLY MONTHLY ANUALLY

WORKER 1 6 36 144 1728

WORKER 2 6 36 144 1728

WORKER 3 6 36 144 1728

WORKER 4 6 36 144 1728

TOTAL UNITS PRODUCED FOR 1 YEAR 6912

Projected Number of Production 3rd year

40
 DAILY WEEKLY MONTHLY ANUALLY

WORKER 1 7 42 168 2016

WORKER 2 7 42 168 2016

WORKER 3 7 42 168 2016

WORKER 4 7 42 168 2016

TOTAL UNITS PRODUCED FOR 1 YEAR

8064

Projected Number of Production 4thyear

41
 DAILY WEEKLY MONTHLY ANUALLY

WORKER 1 8 48 192 2304

8
WORKER 2 48 192 2304

WORKER 3 8 48 192 2304

WORKER 4 8 48 192 2304

WORKER 5 8 48 192 2304

TOTAL UNITS PRODUCED FOR 1 YEAR 11520

Projected Number of Production 5thyear

42
3.4.2 Work Schedule

Mon Tues Wed Thurs Fri Sat Sun

Marketing in RD
9AM – 9AM – 9AM – 8AM- 9AM – 8AM-
6PM 6PM 6PM 5PM 6PM 5PM
charge

RD
8AM – 8AM – 8AM – 9AM- 8AM – 9AM-
Administrator 5PM 5PM 5PM 6PM 5PM 6PM

8AM – RD
8AM – 9AM – 8AM – 10AM – 9AM –
Financial manager 5PM 5PM 6PM 5PM 7PM 6PM

MANAGEMENT

PRODUCTIONS TEAM SCHEDULE

MON TUE WED THU FRI SAT SUN

8AM- 8AM- 8AM- 11AM- 11AM- 9AM-

WORKER 1 5PM 8PM RD 5PM 8PM 8PM 6PM

9AM- 9AM- 9AM- 8AM- 9AM- 8AM-

WORKER 2 RD 6PM 6PM 6PM 5PM 6PM 5PM

9AM- 8AM- 8AM- 9AM- 8AM- 9AM-

WORKER 3 6PM 5PM 5PM RD 6PM 5PM 6PM

RD
8AM- 8AM- 8AM- 8AM- 10AM- 8AM-
Worker 4 5PM 5PM 5PM 5PM 7PM 5PM

43
3.5 Machinery

Source Quantity Price Total

Monteverde

Sewing 4 19,495.00 ₱77,980.00

Machine Inc.
Sewing Machine

Monteverde

Sewing 1 ₱ 3,868.00 ₱ 3,868.00

Machine Inc.

Cutting Machine

Total ₱ 81,848.00

44
 Computer Equipment

Particulars Source Price Quantity Total

Sm Appliances
₱9,689.00 1 ₱9,689.00

Laptop

Sm Appliances 2,998.00 1 ₱2,998.00

HpDeskJet Gt5810

ALL-in-One

Total ₱12.687.00

45
 Office Equipment

Particulars Source Price Quantity Total

SchoolMate

Office and
349.00 2 ₱698.00
School

Calculator Supplies

Homedepot 4,950.00 1 ₱4,950.00

Filling cabinet

Total ₱15,940.00

46
 Fixtures and Furniture

Particulars Source Price Quantity Total

Market ₱205.75 12 pcs ₱2,469.00

Chair

Furniture
₱1,949.00 2 ₱3,898.00
manila

Office table

Homedepot 4,498.00 2 ₱8,996.00

Ofix 218-OF

Long table

Furniture
387.30 1 ₱387.30
manila

Speaker

47
 Monteverde

Sewing ₱3,186.00 1 ₱3,186.00

Machine Inc.
Cutting Table

Homedepot ₱250.00 9 ₱2,250.00

Fluorescent light

Homedepot ₱4,599 2 ₱4,599.00

Storage rack

Furniture
₱1,357.00 2 ₱2,714.00
manila

Exhaust fan

Furniture
₱1,825.00 4 ₱7,300.00
manila

Ceiling fan

Total ₱52,351.30

48
 Office Supplies

Particulars Source Price Quantity Total

SchoolMate

Office and 1 box

₱48.00 ₱48.00
School (12 pcs)

Supplies
Ballpen

SchoolMate

Office and
₱117.00 2 rim ₱117.00
School

Bond paper Supplies

SchoolMate
Office and ₱150.00 100 pcs ₱150.00
School
Supplies
Envelope

SchoolMate
Office and ₱75.00 2 ₱150.00
School
Stapler Supplies

49
 SchoolMate
Office and ₱28.75 3 ₱86.25
School
Supplies
Staple Wire

SchoolMate
Office and ₱170.00 50 pcs ₱170.00
School
Supplies
Folder

Expression 87.00 1 87.00

Record book

Expression 50.00 1 50.00

Office scissor

Monteverde
sewing ₱32.00 1 ₱32.00
machine inc.

Thread Scissor

50
 Monteverde
sewing ₱76.00 1 ₱76.00
machine inc.
Fabric Scissor

LYV ₱88.00 1 ₱88.00

Clock

Total ₱1,438.25

51
 Safety Equipment

Particulars Source Price Quantity Total

Abenson ₱1,300.00 1 ₱1,300.00

Fire extinguisher

Mercury ₱345.00 1 ₱345.00

First aid kit

Shiyomatec
₱1,099.00 6 ₱6,594.00
Corporation

Cctv camera

Shiyomatec
₱2,499.00 1 ₱2,499.00
Corporation

Cctv monitor

Total ₱6,868

52
 Cleaning Materials

Particulars Source Price Quantity Total

WalterMart ₱49.00 3 ₱147.00

Broom

WalterMart ₱75.00 2 ₱150.00

Dust pan

Waltermart ₱7.00 12 ₱84.00

Dusk towel

Watson ₱88.00 1 ₱88.00

Hand soap

53
 50 pcs/1
LYV ₱140.00 ₱140.00
roll

Garbage bag

LYV ₱349.00 1 ₱349.00

Mop

LYV ₱88.00 3 ₱264.00

Trash bin( small)

LYV ₱65.00 3 ₱195.00

Trash bin (Large)

LYV ₱78.00 4 ₱312.00

Door mat

Total ₱1,729.00

54
3.6 Plant size and Layout

50 square meters

 Selling area (10 square meters)

 Office area (10 square meters)

 Production area (20 square meters)

 Storage area (8 square meters)

 Comfort room (2 square meters)

55
Front View

Back View

56
Side view

57
3.7 Raw materials/Process materials Supply

Raw Materials for Backpack

Particulars Price Total Daily Monthly Annually

204.00 (20
1 pcs ₱10.20 ₱306.00 ₱3,672.00
pcs/ 1 box)

Needle (medium)

500.00 ( 1
1/2 ₱5.21 ₱136.30 ₱1,875.00
box/ 24 pcs)

Thread

300.00 (100
2 pcs ₱6.00 ₱180.00 ₱2,160.00
pcs)

Buckles

30.00 per
½ yard ₱ 15.00 ₱450.00 ₱5,400.00
yards

Padding

58
 4.00 per
½ yard ₱2.00 ₱ 30.45 ₱365.00
yards

Strap

5.00 per
1 yard ₱5.00 ₱152.08 ₱1,825.00
yards

Zipper

58.00 per
1 ½ yards ₱58.00 ₱2,610.00 ₱31,320.00
yards

Nylon Fabric

1.00 per piece 2 pcs ₱1.00 ₱30.00 ₱360.00

Slider

40.00 per
½ yards ₱20.00 ₱266.15 ₱3,193.80
yards

Nylon taffeta

59
 7.22 per yard 1 yard ₱7.22 ₱216.60 ₱2,599.20

Garter

18.00 per 36
1 ₱0.50 ₱15.00 ₱180.00
inches

Velcro

Total ₱114.13 ₱4,037.13 ₱48,445.56

60
Raw Materials for Shoulder Bag

Particulars Price Total Daily Monthly Annually

204.00(20pcs/1
1pcs ₱10.20 ₱306.30 ₱3,672.60
b0x)

Needle (medium)

500.00(1
½ roll ₱5.21.00 ₱156.30 ₱1875.60
box/24pcs)

Thread

300.00(100pcs) 2pcs ₱6.00 ₱180.00 ₱2,160.00

Buckles

30.00 per yard ₱1/2yard ₱15.00 ₱450.00 ₱5,400.00

Padding

61
 4.00 per yard ₱1/2 yard ₱2.00 ₱30.45 ₱365.40

Strap

5.00 per yards 1 yard ₱5.00 ₱152.08 ₱1,824.96

Zipper

58.oo per yard 1 ½ yard ₱87.00 ₱2,610.00 ₱31,320.00

Nylon Fabric

1.00 per piece 2pcs ₱2.00 ₱60.83 ₱729.96

Slider

40.00 per
½ yard ₱20.00 ₱266.15
₱3,193.80
yards

Nylon taffeta

62
 7.22 per yard 1 yard ₱7.22 ₱216.60 ₱2,599.20

Garter

7.22 per yard 1 inch ₱0.50 ₱15.00 ₱180.00

Velcro

Total ₱160.13 ₱4,443.41 ₱53,320.92

63
3.8 Waste Disposal

We believe that proper waste management is critical nowadays. But when trash is disposed

properly, preventing pollution in our environment is our main concern. It can help and

improve public health.

The company has two sets of trash liners which are located outside and inside the premises.

The first trash bin is for biodegradable waste examples are papers and cottons. Second is the

non-biodegradable waste such as plastics, water bottles, and construction wastes. It has also

one big trash bin which is storage of excess fabrics only. It is located near the production

area. Some of excess fabrics will be used as rugs which will be used inside the office and

other excess fabric will sell to other sewer who makes rugs.

Employees are responsible for ensuring that they disposed waste properly. The company is

responsible in conducting seminars for the employees and workers as awareness in the

environment and proper disposal of waste.

3.9 Utilities (electricity, water, telecommunication, etc.)

Particular Source Monthly

Electricity Meralco ₱6,007.30

Water Maynilad ₱400.00

Telecommunication PLDT FIBR ₱1,199.00

Total ₱7,606.30

64
 Rent Daily Monthly Annually

1,200 36,000 ₱438,000

Marketing cost

ITEMS QUANTITY COST MONTHLY ANUALLY

FLYERS 100 ₱6.00 ₱600.00 ₱7,200.00
PACKAGING 500 ₱2.50 ₱1,250.00 ₱15,000.00

CALLING
100 ₱2.00 ₱200.00 ₱2,400.00
CARD

ECO BAG 100 ₱3.00 ₱300.00 ₱3,600.00

DISCOUNT
60 ₱3.00 ₱180.00 ₱540.00
COUPON

RAFFLE
200 ₱4.00 ₱800.00 ₱800.00
TICKET

SOUND
1 ₱2,498.00 ₱2,498.00 ₱2,498.00
SYSTEM

TOTAL ₱2,518.50 ₱5,828.00 ₱32,038.00

Renovation Expense

Total Annually

20,000.00 20,000.00

65
3.10 Direct Labour Requirements

Job Position SSS Philhealth Pagibig

Marketing in charge ₱880.00 ₱ 324.48 ₱ 200.00

Financial in charge ₱880.00 ₱ 200.00

₱ 324.48

Administration ₱880.00 ₱ 200.00

₱324.48

Production in
₱880.00 ₱200.00
₱324.48
charge 1

Production in
₱880.00 ₱ 200.00
₱ 324.48
charge 2

Worker 3 ₱ 1,165.00 ₱ 428.48 ₱ 200.00

Worker 4 ₱ 1,165.00 ₱ 428.48 ₱ 200.00

*Direct labour requirements for 1st – 2nd year

66
 Job Position SSS Philhealth Pagibig

Marketing in charge ₱ 935.00 ₱ 344.14 ₱ 200.00

Financial in charge ₱ 935.00 ₱ 200.00

₱344.14

Administration ₱ 935.00 ₱ 200.00

₱344.14

Production in charge
₱ 935.00 ₱ 200.00
₱ 344.14
1

Production in charge
₱ 935.00 ₱ 200.00
₱344.14
2

Worker 3 ₱ 1,220.00 ₱ 168.80 ₱ 200.00

Worker 4 ₱ 1,220.00 ₱ 168.80 ₱ 200.00

*Direct labour requirements for3rd – 4th year

67
 Job Position SSS Philhealth Pagibig

Marketing in
₱ 990.00 ₱ 351.22 ₱ 200.00
charge

Financial in charge ₱ 990.00 ₱ 200.00

₱ 351.22

Administration ₱ 990.00 ₱ 200.00

₱ 351.22

Production in
₱ 990.00 ₱ 200.00
₱ 351.22
charge 1

Production in
₱ 990.00 ₱200.00
₱351.22
charge 2

Worker 3 ₱ 1,275.00 ₱ 463.80 ₱ 275.00

Worker 4 ₱ 1,275.00 ₱ 463.80 ₱ 275.00

*Direct labour requirements for 5th year*

68
 III. Management Study

4.1 Objectives of the Study

 To impose a high quality standard of multifunctional products

 To attain the company’s aim and purpose.

 To focus on the employees, their jobs, benefits and salaries, and to their tasks that will

be done before starting the business

4.2 Form of Business Ownership

The form of business ownership is Partnership. All partners are responsible for the

business and share all, assets, liabilities and profits within the partnership as a separate entity.

The proponents choose General Partnership wherein it is an arrangement by which partners

conducting a business jointly have unlimited liability which means their personal liable to

partnership obligations.

4.2.1 Advantages of General Partnership

 Businesses as partnership do not file the profits or losses of the business on

his/her own personal income tax return. This way the business does not get

taxed separately

 Easy to establish

 There is an increased ability to raise funds when there is more than one owner

 Winder pool of knowledge, knowledge, skills and contacts

 Improved management with more than one owner

69
A. Security and Exchange Commission (SEC)

A commission that is responsible for regulating the securities industry. This agency

supervises all the registered business entities in the entire country. It investigates violation

of securities laws, impose sanctions and make policies with regard to the market in

securities. It also supervises stock and bond brokers as well as the stock exchanges.

B. Barangay

The permit was taken to the Barangay Commonwealth Quezon City, Metro Manila.

Barangay clearance is issued to cover the activity conducted within the area located in the

barangay. The permit was granted to set as a pre-requisite before a business license may

issue to the owner. A business permit allows the owner to engage in the business in the

said territory.

C. Mayors Permit (A permit that is also called as business permit)

Mayors Permit can be redeemed from the City Hall- Office of the Mayor, where the

business is located. Securing a business permit from the Mayors Office can only be done

after accomplishing two other registrations which is the business registration with the

Department of Trade & Industry (for sole proprietorship) or Securities and Exchange

Commission (for partnership and corporation) and Business Barangay Clearance.

D. Bureau of Internal Revenue (BIR)

This sector is tasked to collect tax from the business owners. A person cannot operate

a business without a business tax identification number. A business owner must register

to BIR to have a Certification of Registration and the owner must display it in a

conspicuous place within the business establishment.

70
E. Social Security System (SSS)

A worker who becomes seriously disabled, either permanently or for a continuous

period of not less than 12 months, as a result of a medically determinable physical or

mental impairment may be entitled to the payment of monthly Social Security benefits.

The employees premium contribution is deducting from his salary every payday and

remitted to the SSS together with the companys contribution. The General Manager gives

assistance to an employee in filling his claims with the SSS so he may avail of its

benefits.

F. PHIL HEALTH

This social insurance program provides a means for the healthy to pay for the care of

the sick and for those who can afford medical care to subsidize those who cannot. Both

local and national governments allocate funds to subsidize the indigent. Phil Health

beneficiaries have access to a nearly comprehensive package of services, including

inpatient care, catastrophic coverage, ambulatory surgeries, deliveries, and outpatient

treatment for malaria and tuberculosis. Those identified as indigent and OFW are also

entitled to outpatient primary care.

G. Home Development Mutual Fund (abbreviated as HDMF), more popularly known as

the Pag-IBIG Fund

Philippine government-owned and controlled corporation under the Housing and

Urban Development Coordinating Council responsible for the administration of the

national savings program and affordable shelter financing for Filipinos employed by local

and foreign-based employers as well as voluntary and self-employed members. It offers

its members short-term loans and access to housing programs.

71
4.3 Capitalization

Authorized capital stock is 1,000,000 pesos divided into 1million common shares

with the par value of 1.00 per share. And the actual paid up is 500,000.00 pesos.

NO. OF SHARES
STOCKHOLDERS AMOUNT PAID-UP
SUBSCRIBED

ViolaferMortega 200,000 ₱ 200,000.00

Catherine Pernecita 200,000 ₱ 200,000.00

Raquel Paja 200,000 ₱ 200,000.00

JennalynCapales 200,000 ₱ 200,000.00

Aileen Laroza 200,000 ₱ 200,000.00

TOTAL 1,000,000 ₱ 1,000,000.00

4.4 Organizational Structure

Partnership

Manager in Financial in Production in charge

Administrator
charge charge 1&2

Worker 1 Worker 2

72
 The organizational chart of Prooftect is a functional type where each portion of the

organization is grouped according to its purpose. The Marketing manager is the one

whooversees the activities and monitoring performance as a whole. Financial manager is the

one who will review all financial matter and aspects of the company. Administrator is the one

who supports operation by supervising the staffs, planning, organizing, and implementing

administrative system. And lastly, Production workers are the one, who are responsible on

making products and ensure the quality of every product that will produce by the company.

4.5 Manpower Requirements

Position/Job Specification/Qualification/Requirements

Marketing in charge

Catherine Pernecita

Job Specification

 Master’s Degree holder in Business Administration Major in Marketing Management

 Maintain quality service

 Developing weekly/ monthly/annual and seasonal targets for the department,

examining growth opportunities, enabling sales improvements, product mix

development.

 Introduces the new brands and categories to the market.

 Establishing and overseeing the adoption of vision and values.

 Implementing sales strategies.

Qualification

 Bachelor’s Degree/Doctoral degree; Business and marketing major are preferred.

73
  3 to 5 years of experience in sales representative role

 Hardworking, persistent and dependable

 Strong intrapersonal skills

 At least one year of management experience or demonstrated willingness

Requirements

 TOR

 Diploma

 Philhealth, SSS, Pagibig

 City health Certificate

 Physical examination

 BIR Tin #

 Certificate of Employment (COE)

 NBI/Police clearance

 Mayor’s Permit

Financial Manager

Violafer Mortega

Job Specification

 Establish work priorities

 Overseeing the flow of cash and financial statements

 Planning and directing the activities of the worker

 Preparing reports as acquired by law, regulations of company policies

 Ensuring compliance wilt applicable laws and producers

74
  Develop and manage annual budgets

 Responsible for financial health of the organization

Qualification

 3 to 5 years of experience in accounting firm

 CPA designation preferred

 Mastered degree in financial, business administration or accounting

 Excellent in verbal, analytical, organization and written skills

 Updated in current financial and accounting computer application.

Requirements

 TOR

 Diploma

 Philhealth, SSS, Pagibig

 City health Certificate

 Physical examination

 BIR Tin #

 Certificate of Employment (COE)

 NBI/Police clearance

 Mayor’s Permit

Administrator

Raquel Paja

Job Specification

75
  Maintaining safe and secure work environment

 Establishing policies, procedures and work schedules

 Provide communication systems by identifying needs

 Maintaining equipment

 Documenting and communicating actions

 Submitting information for budget preparation

 Sorting and distributing incoming and outgoing post

Qualification

 Associate degree required (Bachelor’s degree preferred)

 2+ years’ experience working in an office setting

 Excellent written and verbal communication skills

 Strong knowledge of software

 Ability to multi-task and prioritize projects

 Customer service oriented

 Able to complete complex administrative tasks and minimal supervision

Requirements

 TOR

 Diploma

 Philhealth, SSS, Pagibig

 City health Certificate

 Physical examination

 BIR Tin #

 Certificate of Employment (COE)

76
  NBI/Police clearance

 Mayor’s Permit

Production Worker

JennalynCapales

Aileen Laroza

Job Specification

 Operating product line equipment, finishing products and reporting any issues with

equipment.

 Clean production area

 Feed or place items onto equipment for processing

 Mark parts for identification

Qualification

 Experience in sewing

 Knowledge in operating machine

Requirements

 Philhealth, SSS, Pagibig

 City health Certificate

 Physical examination

 BIR Tin #

 NBI/Police clearance

 Mayor’s Permit

77
4.7 Compensation

JOB POSITION DAILY MONTHLY ANNUALLY

Marketing Manager Php 312.57 Php 8,126.82 Php 97,521.84

Financial Manager Php 312.57 Php 8,126.82 Php 97,521.84

Administrator Php 312.57 Php 8,126.82 Php 97,521.84

Production in
Php 312.57 Php 8,126.82 Php 97,521.84
charge 1

Production in
Php 312.57 Php 8,126.82 Php 97,521.84
charge 2

Workers 3 Php 412.27 Php 10,719.02 128,628.24

Workers 4 Php 412.27 Php 10,719.02 128,628.24

*Compensation for the 1st and 2nd year*

78
 JOB POSITION DAILY MONTHLY ANNUALLY

Marketing Manager Php 318.82 Php 8,289.32 Php 99,471.84

Financial Manager Php 318.82 Php 8,289.32 Php 99,471.84

Administrator Php 318.82 Php 8,289.32 Php 99,471.84

Production in
Php 318.82 Php 8,289.32 Php 99,471.84
charge 1

Production in
Php 318.82 Php 8,289.32 Php 99,471.84
charge 2

WORKER 3 Php 420.52 Php 10,933.52 Php 131,202.24

WORKER 4 Php 420.52 Php 10,933.52 Php 131,202.24

*Compensation for the 3rdand 4rth year*

79
 JOB POSITION DAILY MONTHLY ANNUALLY

Marketing Manager Php 325.29 Php 8,457.54 Php 101,490.48

Financial Manager Php 8,457.54 Php 101,490.48

Php 325.29

Administrator Php 8,457.54 Php 101,490.48

Php 325.29

Production in
Php 8,457.54 Php 101,490.48
Php 325.29
charge 1

Production in
Php 8,457.54 Php 101,490.48
Php 325.29
charge 2

WORKER 3 Php 428.93 Php 11,152.18 Php 133,826.16

WORKER 4 Php 11,152.18 Php 133,826.16

Php 428.93

WORKER 5 Php 11,152.18 Php 133,826.16

Php 428.93

Compensation (5thyr)

The personnel of Prooftect consist of Marketing Manager, Administrator, Financial

Manager and Production in charge. The proposed numbers of personnel for the first year are

7. As the business expands and the market demand increases, the number of employees

needed may also increase.

80
4.8 Organizational Policies

To establish a sound organization structure that will provide the most effective leadership and

working relationships to the end that work may be accomplished more efficiently, more

economically with high satisfaction to all concerned.

Policy Content

Company policies and procedures are consistent with the values of the organization. Establish

the rules of conduct within the organization, outlining the responsibilities both employees and

employers.

I. Minor Offenses

1st offense – Verbal warning

2nd offense – Written warning

3rd offense – 3-6 days suspension

1. Attendance and Punctuality

1.1 Attendance

 Failure to inform the department head/supervisor

 Failure to call to the firm you work in

1.2 Punctuality

 Takes and extended of break without the consideration of the manager in

charge.

 Failure to give the work scheduled in time.

81
2. Proper Grooming and Uniform

2.1 Proper Grooming

Every employee is expected practice daily hygiene and good grooming habits. Proper

hygiene and good grooming are essential required inside the workplace.

2.2 Uniform

Employees are required to wear their uniform when they on duty. This is to show the

company’s formality and for them to be comfortable in the working area.

2.3 Identification Card

It is also strictly instructed that the employees must have their I.D whenever they enter in the

workplace.

Figure 3.1 Identification card

82
II. Major Offenses

1st offense – 7-15 days of suspension

2nd offense – 15-30 days of suspension

3rd offense – Termination

1. Drug and Alcohol Policy

No employee is to commence work, return to work while under the influence of alcohol or

drugs. A breach of this policy is grounds for disciplinary action, up to and including

termination of employment.

2. Non-Smoking Policy

To provide a smoke-free environment at all company premises, in order to achieve a healthier

and pleasant workplace, safeguard non-smokers from the risks to health increased risks of

fire.

3. Anti-Discrimination and Harassment Policy

Specifically referencing “sexual orientation” and “gender identity” in the anti harassment

policies tends clear message that all employees will be respected and able to work free if any

kind of harassment and that no form of harassment or offensive conduct directed of

individuals based on sexual orientation or gender identity, in addition to other classes

protected by law, will be tolerated.

4. Behaviour and Theft

4.1 Behaviour

83
 Disrespect for co-workers and supervisor will be considered as an offense.

4.2 Theft

Stealing items or equipment that are company’s property without consideration of supervisor

is strictly prohibited. If the management discovered something strange in your bag, this will

be charged as employee’s offense or termination.

4.8 Legal Business Requirements

Every business needs to comply with this government requirement to operate and protect

customers.

LEGAL FEES AND PERMITS COST

Barangay ₱600.00

Security and Exchange Commission (SEC) ₱ 3,000.00

Bureau of Internal Revenue (BIR) ₱700.00

Mayor’s Permit ₱ 5,000.00

Cedula ₱ 186.00

Social Security System (SSS) FREE

PHIL HEALTH FREE

PAG-IBIG FREE

TOTAL ₱9,486.00

84
 Chapter VI

Financial Study

5.1 Objectives of the study

The objective of financial study is to provide information about the financial performance,

position of a business that will be used to avoid deficit and to continuing the operation of a

business. It will contain a specific numerical element and also a timescale within which it is

to be achieved. The study concluded that financial statements were primarily useful for

helping multiple parties make economic decisions. Knowing Profitability of Business,

financial statements is required to ascertain whether the enterprise is earning adequate profit

and to know whether the profits have increased or decreased as compared to the previous

year, so that corrective steps can be taken well in advance. In knowing the Solvency of the

Business, financial statements help to analyse the position of the business as regards to the

capacity of the entity to repay it short as well as long term liabilities. For example, increase in

sales with simultaneous increase in the profits of the business, indicates a healthy sign for the

growth of the business. Making Comparison and Selection of Appropriate Policy, to make a

comparative study of the profitability of the entity with other entities engaged in the same

trade, financial statements help the management to adopt sound business policy by making

intra firm comparison. Forecasting and Preparing Budgets, financial statement provide

information regarding the weak-spots of the business so that the management can take

corrective measures to remove these short comings. Financial statements helps the

management to make forecast and prepare budgets.

85
6.2 Total projected cost-all items considered consumption made

FIXED CAPITAL AMOUNT TOTAL

Furniture & Fixtures ₱32,478.00
Machineries & Equipment ₱114,942.00
Total Fixed asset ₱149,420.00

PRE OPERATING
EXPENSE
Office supplies ₱1,438.25
Raw Materials ₱8420.54
Other supplies ₱2,271.00
Licenses & Permits ₱ 9486.00
Renovation for commercial ₱25,000.00
space
Marketing Cost ₱6528.00
Total Pre Operating 53,143.79
Expense

OPERATING EXPENSE
Utilities ₱4,099.00
Rent ₱36,000.00
Employee’s benefit 10,632.87
Owner’s Allowance ₱40,634.10
Salaries & Wages ₱21,438.04
Total Operating Expense ₱112,804.01

DEPRECIATION
EXPENSE
Furniture and Fixtures ₱6,495.60
Machineries & Equipment ₱22,988.40
Total Depreciation ₱29,484.00
Expense
₱344,851.80
TOTAL FUND ₱
REQUIREMENT TO
START THE BUSINESS

86
 SCHEDULE # 1 MACHINERY AND EQUIPMENTS
Particulars Quantity Unit Cost Total Cost
Sewing Machine 4 ₱19,495.00 ₱77,980.00
Cutting Machine 1 ₱3,868.00 ₱3,868.00
Laptop 1 ₱9,689.00 ₱9,689.00
All in one 1 ₱2,998.00 ₱2,998.00
Print/Scan/Photocopy

Cctv Camera 6 ₱1,099.00 ₱6,594.00

Cctv Monitor 14’inch 1 ₱2,499.00 ₱2,499.00
Fire extinguisher 1 ₱1,300.00 ₱1,300.00
Exhaust Fan 2 ₱1,357.00 ₱2,714.00
Ceiling Fan 4 ₱1,825.00 ₱7,300.00
TOTAL ₱44,130.00 ₱114,942.00

SCHEDULE #2: FURNITURE AND FIXTURES

Particulars Quantity Unit Cost Total Cost
Long Table 2 ₱4,498.00 ₱8,996.00
Office Table 2 ₱1,949.00 ₱3,898.00
Filling Cabinet 1 ₱4,950.00 ₱4,950.00
Cutting Table 1 ₱3,186.00 ₱3,186.00
Fluorescent Light 9 ₱250.00 ₱2,250.00
Storage Rack 2 ₱4,599.00 ₱9,198.00
TOTAL ₱19,432.00 ₱32,478.00

87
 SCHEDULE #3: OFFICE SUPPLIES
Particulars Quantity Unit Cost Total Cost
Ball pen 12 ₱48.00 ₱48.00
Office Scissors 1 ₱27.00 ₱27.00
Fabric Scissors 1 ₱76.00 ₱76.00
Trimming Scissors 1 ₱32.00 ₱32.00
Calculator 2 ₱349.00 ₱698.00
Stapler 2 ₱75.00 ₱150.00
Staple Wire 3 box ₱28.75 ₱86.25
Bond Paper (ream) 2 Rim ₱117.00 ₱234.00
Record Book 1 ₱87.00 ₱87.00
TOTAL ₱839.75 ₱1,438.25

SCHEDULE #4: RAW MATERIALS (BACKPACK)

Particulars Cost Quantity Daily Monthly Annually

Thread 500.00 ( 1 1/2 roll ₱5.21 ₱156.30 ₱1,875.60

box/ 24
pcs)
Needle 204.00 1pc ₱10.20 ₱306.00 ₱3,672.00
(medium) (20 pcs/ 1
box)
Nylon Fabric 58.00 per 1 ½ yards ₱87.00 ₱2,610.00 ₱31,320.00
yards
Nylon Taffeta 40.00 per 1/2 yards ₱20.00 ₱266.15 ₱3,193.80
yards
Zipper 5.00 per 1 yard ₱5.00 ₱152.08 ₱1,824.96
yards
Strap 4.00 per ½ yard ₱2.00 ₱30.45 ₱365.40
yards
Slider 1.00 per 2 pcs ₱2.00 ₱60.83 ₱729.96
piece
Buckles 300.00 2 pcs ₱6.00 ₱180.00 ₱2,160.00
(100 pcs)
Padding 30.00 per 1/2 yards ₱15.00 ₱450.00 ₱5,400.00
yard
Velcro 18.00 per 1 inch ₱0.50 ₱15.00 ₱180.00
36 inches
Garter 7.22 per 1 yard ₱7.22 ₱216.60 ₱2,599.20
yard
TOTAL ₱160.13 ₱4,443.41 ₱53,320.92

88
 SCHEDULE #4: RAW MATERIALS (SHOULDER BAG)

Particulars Cost Quantity Daily Monthly Anually

Thread 500.00 ( 1 1/2 roll ₱5.21 ₱156.30 ₱1,875.60

box/ 24
pcs)
Needle 204.00 1pc ₱10.20 ₱306.00 ₱3,672.00
(medium) (20 pcs/ 1
box)
Nylon Fabric 58.00 per 1 yards ₱58.00 ₱2,610.00 ₱31,320.00
yards

Nylon Tafeta 40.00 per 1/2 yards ₱20.00 ₱266.15 ₱3,193.80

yards

Zipper 5.00 per 1/2yard ₱2.50 ₱152.08 ₱1,824.96

yards

Slider 1.00 per 2 pcs ₱1.00 ₱30.00 ₱360.00

piece
Padding 30.00 per 1/4 yards ₱7.50 ₱255.00 ₱3,060.00
yard

Velcro 18.00 per 1 inch ₱0.50 ₱15.00 ₱180.00

36 inches
Strap 4.00 per ½ yard ₱2.00 ₱30.00 ₱360.00
yards
Garter 7.22 per 1 yard ₱7.22 ₱216.60 ₱2,599.20
yard
Total ₱114.13 ₱4,037.13 ₱48,445.56

89
 SCHEDULE #5: OTHER MATERIALS
Particulars Quantity Unit cost Total cost
Broom 1 ₱49.00 ₱147.00
Garbage bin 3 ₱65.00 ₱195.00
Garbage Bag 50 ₱1.40 ₱70.00
Mop 1 ₱349.00 ₱349.00
Door Matt 4 ₱78.00 ₱312.00
Dustpan 1 ₱75.00 ₱150.00
Hand soap 1 ₱88.00 ₱88.00
Fire extinguisher 1 ₱1,300.00 ₱1,300.00
Cleaning Towels 12 ₱7.00 ₱84.00
Clock 1 ₱88.00 ₱88.00
Total ₱2,100.40 ₱2,271.00

SCHEDULE #6: CASH ON HAND & BANK

Particulars Amount
Cash on Hand & Bank ₱250,000.00
TOTAL ₱250,000.00

SCHEDULE #7: RENOVATION OF COMMERCIAL SPACE

LABOR ₱5,000.00
MATERIAL ₱20,000.00
TOTAL ₱25,000.00

90
 SCHEDULE #8: MARKETING COST
ITEMS QUANTITY COST MONTHLY ANUALLY
FLYERS 100 ₱6.00 ₱600.00 ₱7,200.00
PACKAGING 500 ₱2.50 ₱1,250.00 ₱15,000.00
CALLING CARD 100 ₱2.00 ₱200.00 ₱2,400.00
ECO BAG 100 ₱3.00 ₱300.00 ₱3,600.00
DISCOUNT COUPON 60 ₱3.00 ₱180.00 ₱540.00
RAFFLE TICKET 200 ₱4.00 ₱800.00 ₱800.00
SOUND SYSTEM 1 ₱2,498.00 ₱2,498.00 ₱2,498.00
TOTAL ₱2,518.50 ₱5,828.00 ₱32,038.00

SCHEDULE #9: LEGAL REQUIREMENTS

AMOUNT
BARANGAY PERMIT ₱600.00
MAYOR'S PERMIT ₱5,000.00
SEC ₱3,000.00
BIR ₱700.00
CEDULA ₱186.00
SSS FREE
PAG-IBIG FREE
PHILHEALTH FREE
TOTAL ₱9,486.00

SCHEDULE #10: UTILITIES

UTILITIES SOURCE TOTAL
ELECTRICITY MERALCO ₱3,600.00
WATER MAYNILAD ₱400.00
TELEPHONE PLDT W/ WIFI ₱1,199.00
TOTAL ₱5,199.00

91
 SCHEDULE #11: RENT EXPENSE

DAILY MONTHLY ANNUALLY

RENT ₱1,200.00 ₱36,000.00 ₱432,000.00
TOTAL ₱1,200.00 ₱36,000.00 ₱432,000.00

SCHEDULE # 12: ACCUMULATED DEPRECIATION EXPENSE

ECONOMIC LIFE DEPRECIATION

FURNITURE & FIXTURES 5 ₱6,495.60
MACHINERY AND EQUIPMENTS 5 ₱22,988.40
TOTAL ₱29,484.00

SCHEDULE #13:EMPLOYEES BENEFITS

POSITION Owners/Workers

EMPLOYEES BENEFITS ₱10,632.87

TOTAL ₱10,632.87

SCHEDULE #14: OWNERS ALLOWANCE

POSITION DAILY MONTHLY ANNUALLY

GENERAL MANAGER ₱312.57 ₱8,126.82 ₱97,521.84
MARKETING MANAGER ₱312.57 ₱8,126.82 ₱97,521.84
FINANCIAL MANAGER ₱312.57 ₱8,126.82 ₱97,521.84
PRODUCTION 1 ₱312.57 ₱8,126.82 ₱97,521.84
PRODUCTION 2 ₱312.57 ₱8,126.82 ₱97,521.84
TOTAL ₱1,562.85 ₱40,634.10 ₱487,609.20

92
 SCHEDULE #15: SALARY AND WAGES

POSITION DAYS RATE PER DAY MONTHLY ANNUALLY

SEWER 1 6 ₱412.27 ₱10,719.02 ₱128,628.24

SEWER 2 6 ₱412.27 ₱10,719.02 ₱128,628.24

TOTAL 12 ₱824.54 ₱21,438.04 ₱257,256.48

SCHEDULE #16: PROJECTED SALES

TARGET
BACKPACK SHOULDER SALES (B x TOTAL SALES
YEAR POPULATI SALES (A x P369)
83% (A) BAG 17% (B) P209) ANNUALLY
ON

2019 4,380 3,635.40 1,341,462.60 744.60 155,621.40 1,497,084.00

2020 5,256 4,362.48 1,609,755.12 893.52 186,745.68 1,796,500.80

2021 5,256 4,362.48 1,609,755.12 893.52 186,745.68 1,796,500.80

2022 6,132 5,089.56 1,878,047.64 1,042.44 217,869.96 2,095,917.60

2023 8,760 7,270.80 2,682,925.20 1,489.20 311,242.80 2,994,168.00

93
6.3 Initial capital requirements-all items considered

The shareholders agreed to contribute an equal sharing of capital with an amount of

₱1,000,000.00

Initial Capital Requirements

Shareholders Ratio Invested Amount

Catherine Pernicita 20% ₱200,000.00

Raquel Paja 20% ₱200,000.00

ViolaferMortega 20% ₱200,000.00

Ailene 20% ₱200,000.00

JenelynGernaldo 20% ₱200,000.00

TOTAL 100% ₱1,000,000.00

6.4 Sources of financing

6.4.1 Sources selected or proposed for both long-term and short-term financing

Sources of financing are the most important area especially for the entrepreneurs who are
about to start a new business. It is perhaps the toughest part of all the efforts. There are
various sources of finance, which we can classify on the basis of time period, ownership, and
control, and source of generation of finance. The sources of funds by every partner came
from other businesses and personal savings.

6.4.2 Alternative sources

Funds to be used in our business will include multi-purpose loans from government
institutions. On the other hand, private sectors like banks, financial companies for lending

94
and business related investment capitalization from corporations are the secondary options.
However, the most important source would be personal contribution of partners.

6.4.3 Amount and terms of financing

We have accumulated 1,000,000 Pesos of our personal contributions. These are from

personal savings and other business. Each partner will be contributed 200,000 Pesos, this will

serve as our capital to start the business.

6.5 Financial statements

6.5.1 Assumptions

 Sales are projected to increase by 1.71% using the average growth rate(2018)

 All cost and expenses are projected to increase by 1.5% based on consumer price

index. Average, except leasehold improvement, depreciation, taxes and licenses

 Revenue will increase based on the targeted population per year.

 The researchers use the straight-line method in depreciation for the furniture and

equipment

 Salary will increase 1% in every year of the worker in the company.

 The researchers have a positive outlook in their business based on the demand of the

products in the community.

95
 Notes to Financial Statement

Note#1 Sales
Sales 2019 2020 2021 2021 2022

% Increase
TOTAL

Note#2 Rent Expenses

Rent Expenses 2019 2020 2021 2022 2023

%
TOTAL

Note#4 Employee’s Benefit

Employee’s 2019 2020 2021 2022 2023

Benefit

% Increase
TOTAL

Note#5 Marketing Expenses

Marketing 2019 2020 2021 2022 2023

Expenses

% Increase
TOTAL

Note#6 Raw Materials

Raw 2019 2020 2021 2022 2023

Materials

96
% Increase
TOTAL

Note#7 Utilities Expenses

Utilities 2019 2020 2021 2022 2023

Expenses

% Increase
TOTAL

Note#8 Office Supplies

Office 2019 2020 2021 2022 2023

Supplies

% Increase
TOTAL

Note#9 Other Supplies

Other Supplies

% Increase
TOTAL

Note#10Miscellaneous Expenses

Miscellaneous
Expenses

% Increase
TOTAL

97
 Note#11Salary & Wages

Salary &
Wages

% Increase
TOTAL

98
Projected income statements

Projected Cash Flow

Projected balance sheet

Financial Analysis

Break-even Analysis

99
 Chapter IV

Socio Economic Impact

6.1 Socio-economic Study

Prooftect will give the customers options of bags that suites their taste, need, and
quality. They want in a reasonable price with unique, waterproof and security feature,
consumers will be satisfied for the security of their things. It also the proximity of the store
location will give the consumers convenience of buying.

6.2 Contribution to the Philippine Economy

Prooftect will follow the standard implemented by the government by paying

registration clearance like taxes, permits, and licenses for its establishment of this business. It
will reduce the need for importation also, suppliers of fabric needed for the main material for
the production of Prooftect is significant for the business to continue its operation. The need
for fabric could help the textile industry to grow because of the increase in demand for the
product.

6.3 Employment Generation

We strive to hire not just the best personnel, but team members that want to be even
better and be an integral part of our Prooftect. The employee who will meet all the
requirements needed qualify for the position will be hired. They will also be trained by
conducting seminars and workshops to improve their knowledge and skills. We will also give
benefits and incentive for those who will be successful hired employees and this will serve as
their motivator to their assign task and job to enhance their efficiency and improve their job
performance

100
 ARTICLES OF GENERAL PARTNERSHIP

Articles of General Partnership

Of

The Prooftect

KNOW ALL MEN BY THESE PRESENTS:

That we the undersigned, all of legal age and residents of the public of the Philippines has

agreed to amend a general partnership under the terms and conditions herein after set forth

and subject to the provisions of existing laws of the Republic of the Philippines.

AND WE HEREBY CERTIFY:

ARTICLE I. That the name of the partnership shall be the Prooftect

ARTICLE II. That the principal office of the Partnership shall be located at 350 Roosevelt

Ave. Proj.7 Quezon City.

ARTICLE III. That the name, citizenship and residence of the partners od the said partners

are as follows.

101
Name Citizenship Residence

Catherine Pernecita Filipino Philippines

Raquel Paja Filipino Philippines

Violafer Mortega Filipino Philippines

Jennalyn Capales Filipino Philippines

Aileen Laroza Filipino Philippines

ARTICLE IV. That the term for which said partnership is to exist twenty (20) years from the

original recording of the said partnership by the Securities and Exchange Commission.

ARTICLE V. That the purposes for which said partnership is formed are as follows: (1) To

be able to introduce the benefit of our product to the target market which is waterproof cover

and solution for product quality issues regarding for unpredictable weather (2) To build high

customer satisfaction in terms of usefulness, durability and affordability of our products (3)

To make our product major player in the bag industry (4) To sell our products at a reasonable

price to satisfy customers' needs.

102
ARTICLE VI. That the capital of this partnership shall be ONE MILLION PESOS

Philippine Currency contribution in cash by the partners as follows.

Name Amount Contributed

Catherine Pernecita Php 200,000.00

Raquel Paja Php 200,000.00

Violafer Mortega Php 200,000.00

Jennalyn Capales Php 200,000.00

Aileen Laroza Php 200,000.00

That no transfer which will reduce the ownership of Filipino citizens to less than the

required percentage of capital shall be recorded in the proper books of the partnership.

ARTICLE VII. That the profits and losses shall be divided according to the Partner's initial

capital contribution.

ARTICLE VIII. That each of partner may withdraw annually up to 75% of their share in

annual net income.

ARTICLE IX. That the firm shall be under the management of Violafer Mortega as General

Manager and as such he/she shall have charge of the management of the partnership.

ARTICLE X. That the partners undertake to change the name of the Partnership immediately

upon receipts of notice or directive from the Securities and Exchange Commission that

another partnership, corporation or person has acquired a prior right to the use of that name

has beeb declared misleading, deceptive, confusingly similar to a registered name or contrary

to public morals, good custom or public policy.

103
IN WITNESS WHEREOFF, we have hereunto set our hand this__ day of November 2018

at Villagers Montessori College, Philippines.

104
Legal Requirements

105
Pagibig

106
SSS

107
Philhealth

108
Mayor’s Permit

109
Barangay Permit

110
Cedula

111
SEC

112
Curriculum Vitae

113
Appendices

114
https://www.revlocal.com/blog/twitter-news/the-importance-of-twitter-for-business-

marketing

https://www.digitalprinting.co.uk/blog/5-reasons-use-flyers-promote-special-events/

https://sielearning.tafensw.edu.au/MCS/CHCAOD402A/chcaod402a_csw/knowledge/policie

s/policies.htm

https://www.hr-guide.com/data/G400.htm

http://buhaymanila.com/meralco-bill-calculator/ - Calculator for meralco bill

http://www.mayniladwater.com.ph/customers-bill_calculator.php - Calculator for Maynilad

Water

www.ehow.com

115
 Survey Questionnaire
Greetings! We are BSBA major in Marketing and Financial student from Villagers Montessori
College aiming to conduct a survey as a part of our Feasibility study.This will be served as a key to
provide you a new and innovative product.We highly appreciated your commendatory attentions
toward this matter.Thank You and God bless.

Name:_______________________________
Directions: Please write check to the oval that corresponds to your answer.

Age: under 18 18-24 25-34

35-44 45 Above
Gender: Male Female
Status: Single Married
9) Are you willing to buy a bag that
1) Do use a bag? has a water resistant cover?
Yes Yes
v No c
No
v vc
2) What kind of bag do you usually
use? 10)v If yes,how many are you willing to
buy?
Backpack One
Shoulder bag c Two
vc Three and Up
3) How often do you buy bags? cv
Every Month 11) v How much do you prefer to buy a
Quarterly water resistant backpack?
Yearly Php300.00- 400.00 Php 500.00-
c 4
600.00
4) (Optional) as a parent, How often v Php 700.00- 800.00 x Php800 above
c 4
-
do you buy bag for your kids?
v 12) How much do you x5
Every Month prefer to buy a
c -x
Quarterly water resistant shoulder bag?
vc Yearly Php 200.00 - 300.00 Php 5 500.00- 600.00
cv c c xa
Php 700.00- 800.00 Php 800 above
cv vc
5)v What kind of design do you prefer
Printed v 13) Where do you usuallyv aw buy bag?
Plain Malls e Online
c cw Boutique
Public Market e
6) What problem do you usually vc vcek
encounter in using your bag? v vec
Accumulated too much dirt 14) What add-on features kv of bag do you
Not water resistant expect? c
Cellphone pocket Secret pocket
c v c
7) Where do you usually use your bag? Separator
Office School cv v
c Travel c v What design do you want for water
Work 15)
vc c resistant cover of bag?
8)c How often do you usecva bag? Transparent
v Everyday c
4x-5xv a week Plain design
c 2x-3x a week c others cv
cv v c v
v v

116 | P a g e
 Presentation & Analysis of Data

Respondents’ Profile

Age Bracket

TABLE 1 GRAPH 1

Age Qty % AGE

Under 18 10 13%
under 18 18-24 25-34 35-44 45 above

18-24 35 45%

25-34 28 28%

35-44 15 10%

45 above 12 4%

Total 100 100%

As shown on the tally above, 35% or 35 respondents are age ranges from 18-24 years old

followed by 28% or 28 respondents age ranges 25-34 years old. These people are employees and

students, 15 % or 15 respondent’s age ranges 35-44 years old. Few of them were age ranges under 18

which has 10% or 10 respondents and 12% or 12 respondents were age range is 45 above.

117 | P a g e
Gender

TABLE 2 GRAPH 2

Gender Qty % Gender

Female Male
Female 57 57%

Male 43 43%

Total 100 100%

More than half of the respondents were female which represents 57% or 57 respondents

while male respondents were 43% or 43 respondents. This will help for the analysis of

product focusing on producing bags designed for female or for male.

118 | P a g e
Status

TABLE 3 FIGURE 3

Status Qty % Status

Single Married
Single 68 68%

Married 32 32%

Total 100 100%

More than half of the respondents were single which represents 68% or 68 respondents

while married respondents were 32% or 32 respondents. This will help for the analysis of

product focusing on producing bags designed for kids.

119 | P a g e
Interest of respondents as to product

1. Do you use bag?

TABLE 1 GRAPH 1

BAG CONSUMPTION
Status Qty %
Yes No
Yes 96 96%

No 4 4%

Total 100 100%

The figure shows that people consistently use a bag. It is useful to somebody carries

something that need to bring on.

120 | P a g e
2. What kind of bag do you usually use?

TABLE 2 GRAPH 2

Status Qty % KIND OF BAG

Back Pack Shouder Bag
Backpack 83 83%

Shoulder Bag 17 10%

Total 100 100%

The figure shows different type of preferred bag and usually used by people. The highest

percentage is backpack .As indicate in the graph, the most common kind of bag used by

people is backpack because 83% or 83 respondents usually use backpack. This is the one

possible strength of the product because it is appropriate to the proposed product

121 | P a g e
3. How often do you buy bag?

TABLE 3 GRAPH 3

Frequency Qty % FREQUENCY

Every Month Quarterly Yearly
Every Month 15 15%

Quarterly 44 44%

Yearly 41 41%

Total 100 100%

The figure show how often people buy a bag. Most of the respondents buy bag quarterly

which is 44% or 44 of the respondents, 41% or 41 respondents buy bag yearly and lastly 15%

or 15 of respondents buy bag every month. It means the business must build a strategies and

tactics how the product to be sold.

122 | P a g e
4. (Optional) as a parent, How often do you buy bag for your kids?

TABLE 4 GRAPH 4

Frequency Qty %
FREQUENCY
Every Month 2 4% Every Month Quarterly Yearly

Quarterly 23 65%

Yearly 22 31%

Total 47 100%

As indicated the graph and table 49 % or 23 respondents out of 47 respondents say

that they buy bag for their kids quarterly and 47 % or 22 respondents say that they buy bag

for their kids yearly. Lastly a 4% or 2 out of 47 parent says that they buy bags for their kids

every month. The figures shows how often people buy bag for their kids. Since proposed

product is not a basic need and commodity, we expected this kind of result. It means the

business must build a strategies and tactics how product to be sold.

123 | P a g e
5. What kind of design do you prefer?

TABLE 5 GRAPH 5

Type of Bag Qty % PREFERRED TYPE OF

BAG
Printed 23 23% Printed Plain

Plain 77 77%

Total 100 100%

Most of the respondents prefer design that is plain, 77 % or 77 respondents choose plain

and 23% or 23 out of 100 respondents prefer printed design. The figure shows the percentage

of preferred design and looks of the product. It helps the business to identify the focused item

to produce but it is still a challenge to determine why people want a plain design. Here, we

can project the market category or style of the product.

124 | P a g e
6. What problem do you usually encounter in using your bag?

TABLE 6 GRAPH 6

Quality QTY % QUALITY

Accumlated dirt Not Water resistant
Accumulated too 37 23%
much dirt

Not water 63 77%

resistant

Total 100 100%

Most of the respondents problem usually encounter in using their bag is not water

resistant 63% or 63 out of 100 have problem with it, and 37% or 37 out of 100 respondents

have problem with accumulated too much dirt. This is the one possible strength of the

product because it is appropriate to the proposed product.

125 | P a g e
7. Where do you usually use your bag?

TABLE 7 GRAPH 7

Purpose of QTY % PURPOSE OF

Distribution
DISTRIBUTION
Office 6 6%
Office School Travel Work

School 50 50%

Travel 5 5%

Work 39 39%

Total 100 100%

As indicated in the graph, 50% or 50 out of 100 respondents usually use bag in school

since most of our respondents are working students and 39% or 39 out of 100 usually use

their bag in work.6% or 6 of respondents use their bag in office and 5% or 5 out of 100

respondents usually use bag for travel. This figure help us how to distinguish our priority

design.

126 | P a g e
8. How often do you use bag?

TABLE 8 GRAPH 8

Frequency of QTY % FREQUENCY OF USAGE

Usage
Everyday 2x-3x a week 4x-5x a week Others
Everyday 87 87%

2x-3x a week 3 3%

4x-5x a week 10 10%

Others 0 0%

Total 100 100%

Most of the respondents use bag everyday 87% or 87 out of 100 respondents use it and it will

be our strength since out proposed product is bag.10 % of respondents use bag 4x-5x a week

and 3% of respondents use bag 2x-3x a week. The figure shows the functions of bag as

container or storage for things. It connoted as how it is useful to the people.

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9. Are you willing to buy a bag that has an attachable water resistant case?

TABLE 9 GRAPH 9

PROJECTED Qty % PROJECTED BUYING

BUYING
POWER POWER
Yes 96 96% Yes No

No 4 4%

Total 100 100%

The figure shows 96% or 96 out of 100 respondents accept the product. Maybe the 4%

respondents are not willing to buy because it sounds new and interesting but a portion of

people still retain their desirability.

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10. If yes, how many are you willing to buy?

TABLE 10 GRAPH 10

FREQUENCY FREQUENCY
AGREEMENT Qty % AGREEMENT
One Two Three and Up
One 75 75%

Two 14 14%

Three and up 11 11%

Total 100 100%

The figure shows that 75% or 75 out of 100 respondents are willing to buy our product and

14% or 14 respondents are willing to buy 2 pcs of product.Lastly 11% or 11 respondents are

willing to buy three or more bags.It shows the frequency of agreement of the product that

people are willing to buy the product.Since it is new from the market,we can predict the

behavioural aspect of the buyers.The mean is computed as 75/100 + 14/100 + 11/100 =1.00

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11. How much do you prefer to buy a water resistant backpack?

TABLE 11 GRAPH 11

PROJECTED Qty % PROJECTED BUDGET

BUDGET
SPENT SPENT
Php 300- 400 Php 500-600

Php 300 – 400 43 43% Php 700-800 Php 800 above

Php 500- 600 25 25%

Php 700-800 26 26%

Php 800 above 6 6%

Total 100 100%

The result of projected income or budget allotted are shown.It means the buying power of the

anticipated buyers range fromPhp 300.00 - 400.00 .

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12. How much do you prefer to buy a water resistant shoulder bag?

TABLE 11 GRAPH 11

PROJECTED Qty % PROJECTED BUDGET

BUDGET
SPENT SPENT
Php 200- 300 Php 500-600

Php 200 – 300 43 43% Php 700-800 Php 800 above

Php 500- 600 25 25%

Php 700-800 26 26%

Php 800 above 6 6%

Total 100 100%

The result of projected income or budget allotted are shown.It means the buying power of the

anticipated buyers range fromPhp 200.00 - 300.00 .

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13. Where do you usually buy bag?

TABLE 12 GRAPH 12

PLACE OF Qty % PLACE OF

DISTRIBUTION
DISTRIBUTION
Malls Online Public Market Boutique
Malls 29 29%

Online 8 8%

Public Market 53 53%

Boutique 10 10%

Total 100 100%

The figures show where the people prefer to buy a bag. The highest percentage is on the

Public Market. It will be a positive sign for us because our projected selling strategy is

producing a high quality bag that is affordable to the society and sell in the public market.

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14. What add-on features of bag do you expect?

TABLE 13 GRAPH 13

ADD-ON Qty % ADD-ON FEATURES

FEATURES
Cell Phone Pocket Secret Pocket Seperator

Cell phone 23 23%

pocket

Secret Pocket 26 26%

Separator 51 51%

Total 100 100%

The figures show that 51% of respondents choose anti-theft add on features to their bag. The

figure shows the percentage of preferred add on and design. It helps the business to identify

the focused item to produce but it is still a challenge to determine why people want an anti-

theft features. Here, we can project the market category or style of the product.

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15. What design do you want for water resistant cover of bag?

TABLE 14 GRAPH 14

CASE Qty % CASE DESIGN

DESIGN
Transparent Plain design

Transparent 13

Plain design 87

Total 100 100%

Most of the respondents prefer design that is plain, 87 % or 87 respondents choose plain and

13% or 13 out of 100 respondents prefer printed design. The figure shows the percentage of

preferred design and looks of the product. It helps the business to identify the focused item to

produce but it is still a challenge to determine why people want a plain design. Here, we can

project the market category or style of the product.

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