Undergraduate Feasibility Study Bachelor of Science in Business Administration Major in Financial Management University of Rizal System Binangonan 2025

Includes bibliographical references

This feasibility study, entitled "Production of Pickled Mango (Mangifera Indica) in Binangonan, Rizal" was conducted by Jhastine P. Ditablan, Arleen R. Figueroa, Michael Earvin T. Lirio, and Charles Andrei A. San Gabriel, Bachelor of Science in Business Administration students majoring in Financial Management at the University of Rizal System - Binangonan, during the Academic Year 2024- 2025. The study aimed to determine the viability of producing pickled mango and concluded that it is a profitable and sustainable business venture. Based on the data gathered, the projected demand in the first year is 44,560 units, expected to increase to 48,898 units by the fifth year. The original flavor accounts for 58% of demand, while the spicy variant accounts for 42%. The business's projected supply is 26,720 units in Year 1 with an annual 3% growth, aligning with market demand and ensuring consistent product quality. For Year 1, our projected supply is 26,720 units based on market demand and forecasts. However, due to challenges like limited production capacity, resource shortages, and operational issues, our business will only be able to supply 17,280 units. This is 66.77% of the uncovered market, leaving a shortfall of 8,880 units. The difference is mainly due to supply chain delays, production delays, and unexpected changes in the market. Despite this, our business is still feasible and can continue to grow. We are working on improving our production and operations to meet our future goals. The original flavor has a unit cost of P51.60 and a selling price of P80, while the spicy variant has a unit cost of P63.12 and is sold at P100. With markups ranging from 55% to 60%, the business is projected to earn P1,532, 160 in Year 1 and up to P1,724,460 in Year 5. Since the computed net income of the business is only P77,240.72, it does not reach the P250,000 threshold. Therefore, the business is not subject to income tax and is exempted from paying tax for the year. Financial projections show steady growth in profit, positive cash flows, and increasing retained earings over five years. Employment-wise, the business generates jobs for at least two individuals, with the owner actively managing operations and earnings-based compensation. The business contributes positively to the local economy by sourcing mangoes from local farmers, paying proper taxes, and promoting healthy food products. In terms of compliance, the business has secured all necessary permits including DTI registration, Barangay Clearance, Mayor's Permit, and BIR registration. Furthermore, it promotes sustainability through waste management and the application of the 3Rs: reduce, reuse, and recycle. In conclusion, the study confirms that the proposed business is financially feasible, socially beneficial, and legally compliant, making it ready for implementation without relying on any assumptions.