| Summary, etc |
"The feasibility study entitled ""Production of Tofu Brownies in Binangonan,<br/>Rizal"" aims to produce a unique dessert that provides a comforting and satisfying<br/>experience to the consumers.<br/>The business will operate as a sole proprietorship, with the capital being<br/>used to pay and cover all necessary documents, equipment, ingredients, and<br/>salaries of employees. The initial capital required is Php 700,000.00, which will<br/>be allocated to registration and permits amounting to Php 13,050.00, equipment<br/>amounting to Php 50,708.00, packaging materials amounting to Php 37,785.60,<br/>supplies amounting to Php 3,153.00, rent amounting to Php 42,000.00, and<br/>utilities amounting to Php 58,800.00. The remaining funds will cover the salaries of the regular employees, the on-call accountant and baker, other<br/>operational costs, and the raw materials needed for production. This initial capital<br/>is intended to cover all business expenses for one year.<br/>The business will operate from Monday to Wednesday. On Monday and<br/>Tuesday, the business will operate between 4:00 a.m. and 12:00 noon. This<br/>process includes baking, cooling, storing, and packaging the product. Deliveries<br/>will take place every Wednesday from 5:00 a.m. to 1:00 p.m. It is anticipated that<br/>production will grow by about 10 percent each year, based on survey results<br/>conducted within the target market. The target market for the business is<br/>selected coffee shop restaurants in Binangonan, Rizal.<br/>Based on the study conducted through survey questionnaires, 82.61<br/>percent of coffee shop restaurants expressed interest in adding tofu brownies to<br/>their menu, while the remaining 17.39 percent stated they were not interested.<br/>The survey findings support the expectation that many coffee shop restaurants<br/>would be willing to buy the product, which indicates a promising customer base.<br/>The projected demand for tofu brownies in the first year is estimated to be<br/>13,248 boxes. This demand is expected to grow at a rate of 10 percent each year.<br/>On the other hand, the current supply from the top competitors in the market<br/>totals only 10,000 boxes annually. This leaves a gap between the demand and<br/>supply of about 24.52 percent or 3,248 boxes of the total demand. The business<br/>aims to fulfill 20 percent of the unmet demand. In the local market of Binangonan, Rizal, four main competitors currently<br/>control 76 percent of the brownie market and Bean and Brownie holds a strong<br/>position with 20 percent of the market share. The remaining 4 percent is shared<br/>by other smaller suppliers in the area.<br/>To compete and to match the production levels of the top competitors, the<br/>business has set its production capacity at 3,000 boxes per year. This capacity<br/>aligns with the goal of filling the gap.<br/>The company's sales are anticipated to rise annually. The estimated sales<br/>for the first year of business in 2025 are Php 864,000.00. Sales are predicted to<br/>increase by 10 percent a year in the upcoming years. Accordingly, sales are<br/>anticipated to reach Php 950,400.00 in 2026, Php 1,266,265.00 in 2027, Php<br/>1,393,041.00 in 2028, and possibly Php 1,532,375.00 in 2029. The formula for<br/>calculating the increase in sales is to multiply the first years sales by 10 percent<br/>and then add the result to the first year's sales.<br/>Monthly sales are projected to generate Php 72,000.00, and annual sales<br/>are projected to total Php 864,000.00. Sales are expected to increase by 10<br/>percent annually, based on demand surveys.<br/>Gross sales will be calculated after deducting the cost of goods sold or<br/>production expenses. Profits generated will be reinvested into the business for<br/>the following years. Furthermore, the business will not only benefit the local community of<br/>Binangonan, but will also contribute to the government through taxes, fees from<br/>licenses and permits, ensuring that the operation of the business is legal. These<br/>taxes will contribute to the welfare of the people and help in the development of<br/>the Philippine economy.<br/>The Return on Investment (ROI) for the business in its first year of the<br/>operation is 6.97%, reflecting a stable return during the initial stage of the<br/>business. The projected ROl show a steady increase in the following year, that<br/>the second year of the buisness it already reach 19.12%, in the third year has<br/>22.94%, in the fourh year it increase by 28.34%, and for the fith year of the<br/>business it has reach 33%. From the start of the business up to its fifth year, it<br/>generated an overall profit that exceeds the initial investment amount. This<br/>demonstrates that the business is financially feasible and capable for continued<br/>growth and profitability in the long term.<br/>After evaluating all the relevant aspects of Producing Tofu Brownies in<br/>Binangonan, Rizal, the proponents concluded that this type of business has a<br/>promising future in the market, making it both feasible and viable from every<br/>perspective.<br/>" |
