Thesis Bachelor of Science in Business Administration University of Rizal System Tanay 2018

Includes bibliographical references

Management and Personnel Feasibility The business will carter the target market with ages ranging from 5 years old to 62 years old based on the survey conducted there was a need of refreshment mobile business in Barangay Sampaloc, hence, this business is being proposed. Janine R. Balais is the proponent and Eufracio A. Delfinado Jr, will be a capitalist/industrialist partners and will equally contribute cash and will come up with an initial capital requirement of Php. 476,691.44. The business will gain profit, and provide a best product to the customers by providing quality service that is comparable or even beyond compared to the services provided by other Competitors in Barangay Sampaloc, Tanay, Rizal. Travelling Sorbet is the proposed name of the business with a catch phrase "On the Way Sweet". The daily operation of the business will be manned by a competent manager/owner. The personnel will be sent to various training seminars to help them grow professionally and maintain their competitiveness. The refreshment mobile business believes that education and training will help them become best in their field who will contribute to the profitability of the business. This is the short course offered by Technical Education and Skill Development Authority (TESDA) in the Philippines is the Driving, Automotive and Food and Beverage National Certificate II (NCII). It only takes to 2-3 months to complete and become a professional. Marketing Feasibility The business will cater the target market with ages ranging from 5 year old to 62 years old. Travelling Sorbet will provide a best product while the respondents believed that there is a need of Refreshment Mobile Business and meeting the demands of the customers. The high percentage (95%) respondents believed that there is a need of Refreshment Mobile Business in target market is enough to conclude big chance to increase market share. The proponent will promote the business through tarpaulin, brochure and social media. Moreover, the business will ensure to offer best product so that customers themselves, through word of mouth, will serve as the marketing channel. Moreover, information regarding the business will be made available through website, tarpaulin and brochures. xvii Technical Feasibility The refreshment mobile business will be opened every day from 7:00 AM to 6:00PM. An hour is allotted for preparation and cleaning before its opening. The management accept hiring of mobile for special events. Costumers will choose the desired product, flavors and toppings and cash basis as payment scheme will be observed. The business will be located all over the Barangay Sampaloc, Tanay, Rizal. The needed materials in the operation of the business can be easily obtained because of its availability in the market. Furthermore, waste disposal is not a major problem. RA 9003 will strictly be implemented and followed. Financial Feasibility The business has an initial capital of Php 476,691.44 that shall be spent according to the necessary expenditures in starting up a business. The machinery and equipment, janitorial expense, office supplies expense, furniture and fixtures, permits, fees and licenses, advertisement expense, utilities expense and employer's contribution shall be settled out on the capital. During the first year of operation, the business will earn a total income of Php 1,075,740.00. The total expense is Php 698,248.58. The income before tax of Php 404,147.42 shall have a 30 percent of deduction from income tax which is Php 121,244.23. Furthermore, the yearly increase in Return on Investment (ROI) depicts favorably to the business. xviii The net cash flow of the project will be Php 521,218.20. The total asset is equal to the total liabilities and owners' equity amounting to Php 759,594.63. The Cash Payback Period of the investment is 1.87. The average annual profit will be Php 254,525.00 for five (5) years. The proposed business, therefore, is expected to recover the total amount of capital investment that the Capitalist contributed within two (2) years of continuous operation. Socio-Economic Feasibility The Refreshment Mobile Business will provide the community a top of the line quality products at a reasonable price pay relevant taxes such as income tax, and other imposable taxes, alleviate employment problem by providing job opportunities to individuals who are skillful in the field. CONCLUSIONS TO FEASIBILITY Since it is proven without a doubt that the proposed business is profitable, viable and feasible based on the computed financial ratios and cash payback period that the business will have a Return on Investment (ROI) amounted to 0.59. in every one peso (1.00) of investment, the business will earn 0.59 Cents. Thus, it is timely to invest a Refreshment Mobile Business in Barangay Sampaloc, Tanay, Rizal. The proponent concluded that the proposed business is very much essential and will generate sales and earn profits. Therefore, it is with high recommendation that this business proposal must be pursued.