a feasibility study for a laundry shop in uep, northern samar
DESCRIPTION
This study aims to find out if it is possible to establish a laundry shop in the University of Eastern Philippines.TRANSCRIPT
Republic of the PhilippinesUniversity of Eastern PhilippinesUniversity Town, Northern Samar
College of Business AdministrationAccountancy Department
PROJECT FEASIBILTY STUDY FOR LIEZYL’S SABON FACTORY
OUTLET AND LAUNDRY SHOP(Laundry, Home/ Building, Car, and Personal Care Product Direct Selling and Laundry
Services)
Prepared by:
AGELINE L. PADILLA
ARNEL P. ADORA
GENEVIEVE B. SINGZON
MARK ANTHONY B. DESQUITADO
CLONA JANE C. BRUZA
BS Accountancy 5
CHAPTER II
PROJECT BACKGROUND and HISTORY
Today’s society is giving much of attention on
creating things which will bring convenience and benefits to human
being. The modern lifestyle demands for things beyond our basic needs.
The use of cleaning agents be it for personal or home
use has become a necessity than an extravagance. This is because of
dependence of health on hygienic practices. On the contrary, the
present economic distress leads to a difficulty in meeting these needs
for we have to prioritize the things which we really can’t live
without as food, clothing, and shelter.
Because of this, the notion on direct selling and
distributing GRIST products was initiated. These are products which
have the same qualities with those well-known and branded in the
market. This idea came with the aim to assist the public in reaching
and obtaining some needs which are within the main priorities yet
important and at the same time securing the benefits of good qualities
from those without worrying on the affordability.
With the thought of the business as a distributor,
maximization of resources usage through an extended service with
laundry acceptance was decided to be added. Moreover, a new kind of
service is to be opened for the availment of the people of Lavesarez,
Northern Samar.
Nature of the Business
In real sense, Liezel’s Sabon Factory Outlet and Laundry
Shop has for its main objective a necessity of today’s living, the
sanitation. Human health is bound on the situation of his environment,
thus, this business intends to serve this ultimate purpose.
The need for cleaning agents for personal, home/ building
and laundry use, as well as perfumes for men and women is what this
business will be trying to meet. These products do have the same, and
if not, at least have almost the same qualities with those currently
existing at the market. Only that the packaging is a bit given up for
those are directly taken from the manufacturer. Laundry services is
also expected to be rendered to those who seek quality cleaning
process of clothes, be it from households or business establishments.
This business will be distributing its products through
direct selling, thus, a credit system is expected to create a broad
and accessible market. Some of its products will of course be used in
its laundry division to likewise promote and attest the quality of the
products.
The community in the town proper of Lavesarez, Northern
Samar is the initial target market of Liezel’s Sabon Factory Outlet
and Laundry Shop. But once the business is already well-established,
it is expected to cater the needs of the neighboring communities.
Rationale
The absence of businesses of exactly the same nature
Lavesarez, Northern Samar is one of the opportunities Liezel’s Sabon
Factory Outlet and Laundry Shop is expecting to seize. Yes, there are
general merchandise stores existing but none of them offer the
products at the form and price this business offers. It must be
emphasized that the products to be sold might be inferior in packaging
compared to the one’s already existing in the market but the quality
is surely not sacrifice. And the necessities of practical living are
expected to lead to a choice of sacrificing packaging for the same
product quality at a lesser price. In addition, the credit system to
be established is expected to be taken advantage by the customers who
have the intention of reselling the products.
The business will be situated in a commercial area of
Lavesarez, Northern Samar, exposed enough to create a market for its
laundry services. Some people may perceive seeking of a laundry
service as an extravagance but it could be a great help to individuals
and businesses that are busy enough to do this with themselves and to
those who seek a better cleaning process for their clothes. Its
presence at the center of the town is expected to create an extensive
demand for both the products and laundry services.
Standing on the main base which is the products and
services’ nature itself being a necessity makes its great opportunity
to sell on individual household, and businesses. As the location and
size of the business suggests, Liezel’s Sabon Factory Outlet and
Laundry Shop conserve as a wholesaler to those who want to earn
through reselling. You earn from them as they earn with you. This is
an encouragement which will open opportunities for an increasing
number of patronizes.
Given the loose competition in the market, necessary nature
of the products and encouraging credit system Liezel’s Sabon Factory
Outlet and Laundry Shop is projected to be feasible.
Statement of the Problem
This feasibility study aspires to evaluate the feasibility of
hygienic products distribution and laundry services that will cater
the residents of Lavezares, N. Samar, specifically it aims to answer
the following questions:
Economic Aspect:
1. What is the level of demand for the hygienic products of the
laundry services to be offered by Liezyl’s Soap Factory Outlet and
Laundry Shop?
Technical Aspect:
1. What are the promotional activities that the business will use
to create demand?
2. Is there a stability of supply from the main source?
3. What are the means of transporting the products from main
source to the business location?
4. Will the business site and building be rented or is it an
owned property?
5. What are the necessary machineries and equipment to be
acquired?
6. How much cost will be incurred in acquiring machineries and
equipment?
7. How many personnel will the business operation require? What
are the qualifications that they should set for hiring purposes?
8. What business operation flow should be established in selling
hygienic products and laundry services?
9. What are the specific products that the store division will
sell and what are the specific services that the laundry shop will
offer?
10. What will be the costing and accounting system of the
business operation?
11. In what type of business will Liezyl’s Soap Factory Outlet
and Laundry Shop be classified?
Financial Aspect:
1. How much will be the capital investment and how will these be
financed?
2. What will be the projected financial statements of the
business?
3. What are the projected daily operating expenses that will be
incurred aside from cost of sales and services?
Social Aspect:
1. What benefits will the community obtain from the business?
2. What are the possible environmental impacts to be considered?
3. What are the existing government regulations that could affect
the business operation?
Significance of the Study
1. Data will be used by the client, Ms. Liezyl Bulosan, in
establishing this kind of business in their municipality.
2. Interested business dealers, to earn extra income in sub-dealing
laundry, home/building, and car care products.
3. The community to avail quality branded products at an affordable
price.
4. Convenience for those who live and reside within the locale of
the study as to the quality cleaning of clothes.
5. Aside from services rendered of the laundry shop, this shall also
serve as a promotional campaign for the laundry care products to
attest its quality.
6. This study can be used as a preference for future studies of the
same kind of business venture.
7. This study shall serve as partial fulfillment of the researchers’
requirements for the Degree of Bachelor of Science in
Accountancy.
8. This shall also serve as a training ground of the researchers in
preparation for the real corporate world.
CHAPTER III
ECONOMIC ASPECTS
Market Analysis
Liezel’s Sabon Factory Outlet and Laundry Shop will be located in
one of the available space for rent beside the M Lluihller Pawn Shop
at Barangay Sabang, Poblacion, Lavesarez, Northern Samar. Considering
it is within the commercial center of the municipality and that is
close to the different business establishments such as bakery,
department stores, etc. and residential houses, its target market will
be those that live and reside within the area.
The proponents of this project feasibility will make a survey on
the target market to establish the market demand and the size of the
different segments of the potential customers through questionnaires
as research instrument.
To compute the number of respondents or the sample population,
the following formula will be used and a margin of error of 5%:
Lavezares, N. Samar
Caburihan (Poblacion) 1539Caragas 1172Cataogan 596
Where: n = sample population
N = the population size
e 2
2 = the margin of error
n = N
1+Ne2
Ocad 866Sabang Tabok 1853
Total 6026
It will be assumed that the decisions and answers of these
respondents to the survey questionnaires is representative of the
whole target market, which is the population of the poblacion
district, Lavezares, N. Samar, with only a 5% margin of error.
The said survey showed that the prospective customers of
Liezyl’s Sabon Factory Outlet and Laundry Shop are composed of the
following:
39.20% white-collar job
7.20% blue-collar job
10.67% housewives
32.53% students
10.40% do not fit into the first four categories and hereto
referred to as the general public.
The survey just proved that the biggest part of the target
market are those employed in private and governmental agencies,
otherwise known as individuals with white collar job. They are
followed by students. So, the marketing plans and strategies should
focus mainly on these individuals who form part of the target market.
n =6026
1+[6026 x 0.052]= 375
The general public follows in the said ranking of market
segment, then housewives, and lastly, those with blue-collar job.
Although the other three segments of the market are relatively small
as to the total prospective market, still, it must be considered in
the market plan and strategy to be created for the promotion of the
business.
With the two different operations of Liezel’s Sabon Factory
Outlet and Laundry Shop, the target will then be divided into two,
these are:
1. Customers for the Sabon Factory Outlet
Household – the main target for the Sabon Factory Outlet
especially those with extended families that have great demand
for laundry and home care product and personal care product
for each member of the family. The Liezel’s Sabon Factory
Outlet and Laundry Shop aims to exploit this market
opportunity by selling the above mentioned care products.
Students – Students have a constant need for bath soap, lotion
and cologne and other personal care products for their
personal hygiene, thus they are potential market of the Sabon
Factory Outlet.
Business Owners – Owners of the business establishments nearby
also need janitorial care products for their building/ office
to maintain the health and sanitation in their respective
areas. Thus they are potential market of the Sabon Factory
Outlet.
Business Dealers – Business-oriented people that would like to
earn extra income sub-dealing the laundry care, home/building
care, and personal care products to ultimate consumer. Thus
they are potential market of the Sabon Factory Outlet.
General Public – This refers to the rest of the population
that does not fit into other four types of target market above
that Liezel’s Sabon Factory Outlet and Laundry Shop aims to
serve by selling laundry care, home/building care, and
personal care products.
2. Customers for the Laundry Shop
Household – Most of the household composed of many members
that have no time washing their clothes would resort to the
service of a laundry shop especially if it is a well-off
family. Thus they are potential market of the Laundry Shop.
Employees – Employees in different government agencies and
business establishments that are busy with their work
sometimes need a service from a laundry shop, thus they are
potential market of it.
Business Owners – Owners of the business establishments could
be potential market of the laundry shop in that there is need
for them to wash their linens.
General Public – This refers to the rest of the population
that does not fit into other three types of target market
above that Liezel’s Sabon Factory Outlet and Laundry Shop aims
to serve by washing clothes.
The commencement of the Liezel’s Sabon Factory Outlet and
Laundry Shop promotional campaigns will be launched to let the
potential customers be aware of the existence of laundry care,
home/building care, and personal care products and laundry services.
During these preliminary promotional campaigns, all segments of the
prospective market must be reached by the information drive. Posters,
flyers and leaflets will be distributed in the locality.
Results of the Survey
PART II.SURVEY QUESTIONS FOR SABON FACTORY OUTLET DIVISION
A. LAUNDRY CARE PRODUCTS
1. For those who personally wash their laundries, mark the box/es
and indicate the prices that correspond to the item/s that you
and your family use.
All Purpose powder
Laundry bar
Fabric Softener
Liquid Bleach
Stain Remover
Detergent Powder
Liquid Detergent
Powder Bleac
h
0
75
150
225
300
375
54.4%
72.53%
30.13%
18.67%12.27%
34.40%
4.27%11.20%
Demand Level for Laundry Products
Products
Numb
er of u
sers
B. HOME/BUILDING CARE PRODUCTS
1. Do you use these products?
Air Freshener Toilet Bowl and Tile Cleanser
Glass Cleanser Dishwashing Liquid Dishwashing Paste0
75
150
225
300
375
22.93%
85.06%
26.4%
67.73%
4.53%
Demand Level for Home/Building Care Products
Products
Num
ber o
f use
rs
C. CAR CARE PRODUCTS
1. Do you own a car or any vehicle?
The bar graph indicates that there is a high demand for laundry products like laundry bar, all-purpose powder, detergent powder, and fabric softener. The respondents we have surveyed have the tendency to buy these products because these are the common products that are usually used in washing laundries than that of liquid detergent.
The graph shows that 85.06% of respondents use toilet bowl and tile cleanser. 67.73% of respondents use dishwashing liquid. This is favorable to the business for this shows that more than 50% of the population are potential customers of the business.
48.08%51.92%
Yes No
2. If yes, do you wash it personally or go to car wash?
100%
Wash personallyGo to car wash
3. If you wash it personally, how frequent?
5.80%
81.88%
9.40%
2.90%
DailyWeeklyMonthlyOthers
4. Mark the item/s that you use for car care and indicate its price on the corresponding line.
This pie graph shows that almost 50% of the respondents own a car or any vehicle. This means that respondents may become potential customers if they wash their vehicles on their own.
This is a follow-up question to No. 1. Since all the respondents wash their vehicles personally, they will tend to buy cleaning products or agents for their vehicles.
The graph shows that 81.88% of the respondents wash their vehicles weekly. This explains that any day of a week, a potential customer may buy cleaning agents. This is favorable to the business.
Car Shampoo Armor Shine Tire Black0
30
60
90
120
150
180
43.33%
4.44%
17.22%
Demand Level of Vehicle Owners for Car Care Products
Products
Dema
nd fro
m veh
icle ow
ners
D. PERSONAL CARE PRODUCTS
1. Mark the box/es that correspond to the kind of bathing soap/s
that you and your family use.
Shower Gel Organic Soap Herbal Soap Whitening Soap Fragrant Soap0
75
150
225
300
375
7.47% 4.53% 1.07%
60.27%
45.33%
Demand Level for Each Kind of Bathing Soap
Products
Numb
er of
user
s
2. Mark the item/s that you use for personal care and indicate
its price on the corresponding line.
The graph indicates that 43.33% will buy car shampoo, 17.22% of tire black, and 4.44% of armor shine. This implies that these products are still wanted by respondents who own vehicles and wash it personally.
The graph shows that majority of the respondents use whitening soap and fragrant soap. This implies that most of the respondents are potential customers of these kinds of bathing soap that Liezyl’s store offers at a low price.
Feminine Wash Hand Soap Hand Sanitizer Lotion Massage Oil Cologne Toothpaste0
75
150
225
300
375
34.13%24.80% 21.87%
73.07%
13.07%
68%
81.07%
Demand Level for Other Personal Care Products
Products
Num
ber o
f use
rs
The graph shows that the sample population responded as to what are the products that they use for personal care. Majority of the respondents use toothpaste with 81.07%, lotion with 73.07%, cologne with 68%, and feminine wash with 34.13% among the 375 sample population. This implies that these products are considered basic needs of the respondents for personal hygiene. Therefore, it is favorable to the business.
PART III. LAUNDRY SHOP DIVISION
1. Do you personally ash your laundries?
88.00%
9.33%
2.67%
Yes No Sometimes
2. If no/sometimes, do you pay for home service or laundry shop?
This graph shows that 330 (88% of the sample size) of the respondents personally wash their laundries. This means that majority of the population are least likely to avail of the services offered by the laundry shop. Only ten respondents (2.67%) answered “sometimes” to the question. They represent the portion of the population who are more likely to patronize the services. 35 persons (9.33% of the respondents) are most likely to be the potential customers of the laundry shop.
The graph shows that out of the 45 respondents who answered either “no” or “sometimes” to the preceding question, 33 of them (73.33%) hire another person (labandera) to do their laundries at home. Only 26.67%said that
73.33%
26.67%
Home serviceLaundry shop
3. If you go to laundry shops, how frequent?
77.78%
4.44%
17.78%
Frequency of availing laundry shop services
4. What is the average weight in kilo of your laundries per person?
The graph shows that out of the 45 respondents who answered either “no” or “sometimes” to the preceding question, 33 of them (73.33%) hire another person (labandera) to do their laundries at home. Only 26.67%said that
Of the 45 respondents above, 77.78% said they would go to a laundry shop every week to avail its services, only 4.44% of the respondents said monthly, and 17.78% respondents answered every 2 weeks.
4.45% 11.11%
62.22%
13.33%8.89%
1 kilo2 kilos3 kilos4 kilos5 kilos
A. Wash-dry-fold Service
1. Mark the box/es of the type of your laundries.
Regular Linens/garments0
9
18
27
36
45
60%
17.78%
Type of laundries
Num
ber o
f res
pond
ents
a. For regular clothes, how much are you willing to pay per
kilo of laundry?
The graph shows that 62.22% of the respondents have an average of 3 kilos of laundries per member of the household, while 13.33% said they have 4 kilos average weight of laundries per household member. This means that if they are going to ask for laundry services, the laundry shop will earn mostly for 3 or 4 kilos per customer.
The graph shows the percentage of the 45 respondents who are willing to pay the laundry shop for wash-dry-fold service for each type of laundry.
Php30-35 Php36-40 Php41-45 Php46-500
3
6
9
12
15
18
21
24
27
7.40%
92.60%
0% 0%
Amount potential customers are willing to pay for the service
Ranges of amounts
Number
of res
ponden
ts
b. For linens/garments, how much are you willing to pay per
kilo of laundry?
Php36-45 Php46-50 Above Php500
1
2
3
4
5
6
7
8
75%
12.5% 12.5%
Amount potential customers are willing to pay for the service
Ranges of amounts
Numb
er of r
espond
ents
B. Wash-dry-press Service
The graph shows amount by which the 27 (60% of 45) respondents on the preceding question are willing to pay the laundry shop for washing their regular clothes. 92.60% chose the range of Php36-40.
The graph shows amount by which the 8 (17.78% of 45) respondents on the preceding question are willing to pay the laundry shop for washing their linens/garments. 75% chose the range of Php36-45.
1. For wash-dry-press services, mark the box/es of the type of
your clothes or linens.
Regular clothes Linens/garments0
9
18
27
36
45
13.33%8.84%
Types of clothes
Numb
er of re
sponde
nts
a. For regular clothes, how much are you willing to pay per
kilo of laundry?
Php 100-120 Php121-140 Php141-1600
1
2
3
4
5
6100%
0% 0%
Amount potential customers are willing to pay for the service
Ranges of amounts
Number
of resp
ondent
s
The graph shows the percentage of the 45 respondents who are willing to pay the laundry shop for wash-dry-press service for each type of laundry.
The graph shows amount by which the 6 (13.33% of 45) respondents on the preceding question are willing to pay the laundry shop for washing their regular clothes. 100% chose the range of Php100-120.
b. For linens/garments, how much are you willing to pay per
kilo of laundry?
Php141-160 Php161-180 Above Php1800
0.51
1.52
2.53
3.5 75%
25%
0
Amount potential customers are willing to pay for the service
Ranges of amounts
Numb
er of
respo
nden
ts
C. Ironing Services
1. Are you willing to pay additional charge for ironing?
26.67%
73.33%
YesNoSometimes
The graph shows amount by which the 4 (8.89% of 45) respondents on the preceding question are willing to pay the laundry shop for washing their linens/garments. 75% chose the range of Php141-160.
The graph shows that only 26.67% of the respondents are willing to go to laundry shops and pay for ironing services.
2. If yes/sometimes, mark the box/es of the type of clothes you
are willing to be ironed.
Office/school uniform T-shirts/blouses Shorts/pants0
2
4
6
8
10
12
41.67%33.33%
25%
Types of clothes
Numb
er of
resp
onde
nts
a. How much are you willing to pay for the ironing per pair of
office/school uniform?
Php41-50 Php51-600
1
2
3
4
580%
20%
Amount potential customers are willing to pay for the service
Ranges of amounts
Num
ber o
f res
pond
ents
The graph shows the percentage of the 45 respondents who are willing to pay the laundry shop for ironing service for each type of laundry.
The graph shows amount by which the 5 (41.67% of 12) respondents on the preceding question are willing to pay the laundry shop for ironing their school/office uniforms. 80% chose the range of Php41-50.
b. How much are you willing to pay for the ironing per piece of
t-shirt/blouse?
Php10-15 Php16-200
1
2
3
4100%
0%
Amount potential customers are willing to pay for the service
Ranges of amounts
Num
ber o
f Res
pond
ents
c. How much are you willing to pay for the ironing per piece
pants?
Php10-20 Above Php210
1
2
3100%
0%
Amount potential customers are willing to pay for the service
Ranges ofAmounts
Numb
er of
resp
onde
nts
The graph shows amount by which the 4 (33.33%% of 12) respondents on the preceding question are willing to pay the laundry shop for ironing each piece of t-shirt or blouse. 100% chose the range of Php10-15.
The graph shows amount by which the 3 (25% of 12) respondents on the preceding question are willing to pay the laundry shop for ironing each pants. 100% chose the range of Php10-20.
Savings
All Purp
ose Powder
Laundry
bar
Fabric
soften
er
Liquid blea
ch
Stain re
mover (
oxalic)
Deterge
nt powder
SP100
Deterge
nt powder
QA4
Deterge
nt powder
Ariel sc
ent
Deterge
nt RG3.2
Liquid dete
rgent
Powder blea
ch0
20406080
100120140160
Selling priceMarket Price
Laundry Care Products
Selli
ng p
rice
vs. M
arke
t pric
e
Air freshener Tile cleanser Glass cleanser Dishwashing liquid
Dishwashing paste
0
100
200
300
400
500
600
700
Selling priceMarket price
Home/Building Care Products
Selli
ng P
rice
vs. M
arke
t Pric
e
Car Shampoo Armor Shine Tire Black0
50
100
150
200
250
Selling PriceMarket Price
Car Care Products
Selli
ng P
rice
vs. M
arke
t Pric
e
Shower
Gel
Organic S
oap
Herbal
Soap
White
ning Soap
(glutat
hione)
Fragra
nt Soap
0
20
40
60
80
100
120
140
Selling PriceMarket Price
Bathing Soap Products
Selli
ng P
rice
vs. M
arke
t Pric
e
Feminine W
ash
Hand so
ap
Hand Sa
nitizer
Massag
e Oil
Cologne
Toothpast
e0
20
40
60
80
100
120
140
160
180
200
Selling PriceMarket Price
Other Personal Care Products
Selli
ng P
rice
vs. M
arke
t Pric
e
Products
Selling
Price
Market
Price Savings
All Purpose powder
Php55.0
0
Php60.7
0 Php5.70
Laundry Bar 18.50 24.00 5.50
Fabric Softener 31.50 43.75 12.25
Liquid Bleach 42.00 56.25 14.25
Stain Remover
(oxalic) 0.00
Detergent Powder 55.00 57.14 2.14
SP100
Detergent Powder QA4 55.00 57.14 2.14
Detergent Powder
Ariel Scent 52.00 57.14 5.14
Detergent Powder
RG3.2 42.00 57.14 15.14
Liquid Detergent 47.00 150.00 103.00
Powder Bleach 58.50 37.50 -21.00
Air Freshener 100.00 600.00 500.00
Tile Cleanser 91.00 63.00 -28.00
Glass Cleanser 32.50 32.00 -0.50
Dishwashing Liquid 51.00 30.00 -21.00
Dishwashing Paste 39.00 45.00 6.00
Car Shampoo 38.00 200.00 162.00
Armor Shine 55.00 60.00 5.00
Tire Black 90.00 100.00 10.00
Shower Gel 101.50 109.00 7.50
Organic Soap 49.50 41.00 -8.50
Herbal Soap 42.00 58.89 16.89
Whitening Soap
(glutathione) 82.00 116.67 34.67
Fragrant Soap 45.00 31.35 -13.65
Feminine Wash 87.50 165.00 77.50
Hand Soap 29.00 52.08 23.08
Hand Sanitizer 42.00 34.58 -7.42
Massage Oil 100.00 40.00 -60.00
Cologne 182.00 41.00 -141.00
Toothpaste 25.00 29.86 4.86
NET SAVINGS
Php711.6
9
SWOT Analysis
The SWOT Analysis sets out the characteristics of the entity
which makes up its internal and external strengths and
weaknesses, as well as the probable opportunities and potential
threats to the organization. Taking these into consideration may
help the business know the way to survival and progress from its
present standpoint. This is through making use of the strengths,
giving direct attention to weaknesses, taking advantage of the
opportunities and minimizing the existing threats.
Strengths
Simple organizational structure. With the few employees of
the business, organizational problems can be addressed and
resolved immediately.
Incorporated promotion of products on laundry services. The
laundry division attests the quality and promotes some of
the products through its services.
Market-known product qualities. The fact that products to be
sold have the same quality with those existing in the market
will create a continuing patronage of those who know this.
Accessibility of supplier. Supplies of product will be taken
from a distributor in UEP Catarman, near enough to cover
immediate orders and avoiding transportation expenses if the
products will be taken directly from the supplier.
Strategic location. The business will be situated within a
commercial area in the town proper of Lavezares, N. Samar,
thus, creating accessibility for the target customers.
Monopolistic character. No existing establishment of the
same industry is operating within the immediate area of
proposed location.
Weaknesses
Unestablished name and goodwill of products and services.
The entity cannot use the name of the products already
existing in the market though they have the same quality.
This will create a competition and strive to make the
products known to the market. The laundry shop has no
established goodwill since the business is just to commence.
Inability to accommodate large number of customers. Since
the laundry shop will just be starting, the business will
initially operate with a single operating machine which may
not be enough to accommodate too much customers.
Opportunities
The business will just be the second factory outlet in
Northern Samar of the Grist Company. The other one is
situated in UEP Catarman which is relatively far from
Lavezares and which may give broader market coverage for the
products and services.
The absence of same factory outlets in the second district
of the province will create an opportunity for the business
to earn through recruitment.
Spreading public knowledge about the good qualities of
products at lower cost as well as on its laundry services
may lead to business monopolizing the market.
Threats
The continuing entries of imitated products in the market
may lead to the misconception of the public that the
products offered are mere imitations and ineffective.
Increasing cost of living and business costs may trigger the
laundry shop customers to resort to cheaper alternatives as
household “labanderas.”
Strategies
Advertisements. Flyers with products and services price list
will be distributed throughout Lavezares, Northern Samar and
the neighboring communities for the awareness of the public
on authenticity of products and its less cost.
Credit system. Establishing a good credit system will create
extensive patronage by those who want to avail of the
products but don’t have the immediate means.
Direct selling. Employing the service of dealers who will
undergo direct selling of the products at an extension of
credit line as an incentive will enhance sales.
Recruitments. Recruiting distributors from the second
district of Northern Samar who will directly buy the
products from the business will yield an additional profit
and broaden the market.
Discounts. Offering discounts for large number of purchases
and availments of services.
Keys to Success
The location of the project is an important factor to
success. It should be situated on area accessible to the
general public, thus, this project will be located on a site
within the commercial area which is on Brgy. Sabang Tabok in
the town proper of Lavezares, N. Samar where it is near to
the other businesses and could be easily seen by the people.
For the products and services to enter the market,
promotional activities should be conducted. Flyers with
products and services price list should be distributed
within and outside the town proper.
Orders received through the dealers and distributors should
be filled promptly as well as the collection of the
accounts.
Maintenance of good relationship with customers is
important. Their concerns should be addressed to as soon as
possible.
CHAPTER IV
TECHNICAL ASPECTS
Proposed Legal Business Status
It is advisable for this kind of business operation to
be organized as either sole proprietorship or a partnership for it is
less complicated to manage than a corporation. Thus, the Liezyl’s
Sabon Factory Outlet and Laundry Shop will be a sole proprietorship.
This will be owned by Ms. Liezyl and will invest the needed initial
capital and will solely benefit from the profits of the business.
Market Entry Timing
The Liezel’s Sabon Factory Outlet and Laundry Shop should
commence its operation at the start of the summer season expectedly
this coming third week of March. In this way, the people in the
community will become aware even before the peak demand for these type
of products in the later month of the year.
Proposed Costing and Accounting System
The Liezyl’s Sabon Factory Outlet and Laundry Shop shall account the
following
1. A separate checking account
- Liezyl’s Sabon Factory Outlet and Laundry Shop shall establish
a separate checking account for its business operation. All
collections and disbursements made by distributing and/or
selling products and rendering laundry services shall be
deposited and paid through this account.
The purpose of creating such account is to avoid misallocation
of resources and funds between personal interest and
development of the entity as a whole.
2. Establishment of petty cash fund
- Liezyl’s Sabon Factory Outlet and Laundry Shop shall
establish a Php 6,000.00 petty cash fund under the imprest
system.
The main objective of integrating imprest fund system is to
eliminate the impracticality of issuing checks for immaterial
amount of ordinary and necessary expenditures and to make sure
that all collections are deposited to the checking account in
a consistent manner.
3. Adoption of a double entry system
- The Liezyl’s Sabon Factory Outlet and Laundry Shop shall adopt
the “double entry bookkeeping system.” Tacit to the
integration of this system are the following:
Chart of accounts
Liezyl’s Sabon Factory Outlet and Laundry Shop shall use the
following accounts:
Liezyl’s Sabon Factory Outlet Division
110 – Cash 210 – Accounts Payable 520 – Freight-in
120 – Accounts receivable 220 – Other Payables 530 – Utilities Expenses
130 – Inventories 310 – Liezyl, Capital 540 – Rent Expenses
140 – Prepaid Expenses 320 – Liezyl, Withdrawal 550 – Supplies Expenses
150 – Other Assets 410 – Sales 560 – Depreciation Expenses
(160 – 190) Fixed Assets 510 – Cost of Sales 570– Doubtful Accounts
Expenses
580 – Other Expenses
Laundry Shop Division
110 – Cash 210 – Accounts Payable 520 – Utilities Expenses
120 – Accounts receivable 220 – Other Payables 530 – Rent Expenses
130 – Inventories 310 – Liezyl, Capital 540 – Depreciation Expenses
140 – Prepaid Expenses 320 – Liezyl, Withdrawal 550 – Doubtful Accounts
Expenses
150 – Other Assets 410 – Laundry Services Revenue 560 – Other Expenses
(160 – 190) Fixed Assets 510 – Supplies Expenses
A General Journal and Ledger Book
Liezyl’s Sabon Factory Outlet and Laundry Shop shall open a
general journal and a general ledger for each revenue unit.
The former is for chronological and systematic record keeping.
For the latter, it’s for classifying accounts for its easy
reference and accumulating information.
Liezyl’s Sabon Factory Outlet and Laundry Shop shall follow
the common format of journal and ledger.
Journal
Date
Account Title & Explanations
P.R.
Debit Credit
Ledger
Date
Particulars P.R. Debit Credit
Financial Statement Preparations
Liezyl’s Sabon Factory Outlet and Laundry Shop shall make used
of the following format in the preparation of its financial
statement;
Statement of Comprehensive Income
Liezyl’s Sabon Factory Outlet Division
Sales Php xxxx
Cost of SalesInventory, Beg. Php xxxxAdd: Purchases xxxx
Freight in xxxxGoods Available for sale xxxxLess: Inventory, end xxxx (xxxx)
Gross Profit Php xxxxLess: Operating Expenses xxxxOperating Income xxxxLess: Tax (Operating Income* Tax Rate) xxxxNet Income xxxx
Liezyl’s Sabon Laundry Division
Laundry Services Revenue Php xxxx
Less: Operating ExpensesSupplies Expenses Php xxxxUtilities Expenses xxxxRent Expenses xxxx
Depreciation Expenses xxxxDoubtful Accounts Expenses xxxxOther Expenses xxxx
Operating Income xxxxOperating Income xxxxTax (Operating Income* Tax Rate) xxxxNet Income xxxx
Changes in Equity
Liezyl, Capital – Beginning Php xxxxAdd: Net Income in Factory Outlet Division and
Laundry Division xxxx Additional Investment Laundry Division and
Laundry Division xxxxTotal Capital available Php xxxxLess: Liezyl, Withdrawal xxxxLiezyl, Capital – End xxxx
Statement of Financial Position
4. Methods of Asset Accountability
Cash - Liezyl’s Sabon Factory Outlet and Laundry Shop
shall measure cash on its face value. Cash on hand and
at the end of the operating period. Any shortage or
overage should be charged according to the
identifiable reason of such cash shortage/overage.
Inventory - Liezyl’s Sabon Factory Outlet and Laundry
Shop shall measure base on the physical count. Any
discrepancy shall be changed appropriately.
Prepaid rent - Liezyl’s Sabon Factory Outlet and
Laundry Shop shall be recorded as an asset instead of
expenses.
Cash Control
A cash control system must be developed and maintained to ensure
no irregularities in handling cash. This is also designed to avoid or
lessen frauds, errors, and misstatements during the accounting period.
The division of duties and responsibilities of every personal is well-
defined to prevent conflict of interest:
1. The manager (also acts as cash custodian) will be responsible for
receipt of cash sales, laundry fees, and collection of sales on
account. He will verify and check all accounting records and
documents that are submitted by store custodian and laundry shop
operator. He will check and verify all collections and
disbursements made with supporting evidences or documents. He is
the one who will issue checks for any payment made by the
business.
2. A petty cash of Php 1000.00 will be maintained and shall be in
the custody of the manager as a change fund and small amount
transactions.
3. Accounting books for financial transactions must be maintained by
store custodian for store operations and by the laundry shop
operator for the laundry shop operations.
4. Excess cash of the business shall be deposited to a checking
account in the name of the business with the managing partner as
the signatory.
5. All payments to be made by the business shall be made by drawing
an account from the above mentioned checking account.
6. The managing partner will approve the purchase order made by the
store custodian. At the same time, the purchases are made by the
latter.
Proposed Liezyl’s Sabon Factory Outlet Division
Liezyl’s Sabon Factory Outlet and Laundry Shop shall operate
a direct selling business of laundry, car, home/building and
personal care products. Aside from selling to its final customer
it opts to extend credit to those who are willing to serve as
sub-dealers for the product listed below provided they are to
fill-out registration form. This will serve as a document binding
him/her as an official dealer of Liezyl Sabon factory outlet.
For the list of products, see Appendix.
Every dealer of the Liezyl’s Soap Factory Outlet Division
shall have a registration form free of charge that will be used
to keep tract of his/her credit purchases, payment, etc. after
issuing him/her unique ID number/Dealer code.
The following must be observed upon signing in as a dealer.
1. Completely filled-out original Liezel’s Sabon factory
outlet registration form in two copies.
2. Photocopy of both front and back sides of any one
valid ID number, ID type, signature and unique cell
phone number.
3. The ID type details have to match the valid ID’s
photocopy. Also the member’s signature at the bottom
has to be identical with the signature on the valid
ID.
Terms and Conditions
1. Upon sign in of the new Dealer, he/she shall have an automatic
Php 1,000.00 available credit line at an outright 10% discount
payable immediately after seven days upon purchase order of
product from Liezly’s Sabon Factory Outlet Division.
2. In every purchase of dealers, he/she is entitled to an
outright 10% discount.
- An outright dealer’s discount of 10% on catalog price is
granted immediately to all Liezly’s Sabon Factory Outlet
Division dealers on product purchase in catalog.
- When purchasing products at the 10% discounted price,
Leizel Sabon Factory Outlet can re-sell the products to
non-dealers or final costumers at catalog price and earn
the difference.
3. Upon every purchase, the dealers must pay at least Php 50.00
to serve as down payment. This amount shall be deducted from
his/her total personal sales to arrive at final amount due. When
personal sales exceed the available credit line, the difference
must be paid upon purchase.
4. He/she shall pay the amount due to him/her immediately after
seven days, counting from the day of purchase order. Failure to
pay on time shall mean a penalty on delinquent account. An
additional charge of 1.5 % on the amount payable to Liezly’s
Sabon Factory Outlet Division shall be paid by the dealers.
Computations:
Amount payable xxxx
Add: Delinquency interest
(Amount payable x 1.5% x number of days delayed
for payment) xxx
Tota lamount payable xxxx
For dealers who want to earn more from Liezyl’s Sabon
Factory Outlet Division, they can expand their credit line for an
opportunity to increase their personal sales with a very low cost
of capital.
a) First, always pay on time and top-up
Proposed Operation for Liezyl’s Laundry Shop
Liezyl’s Laundry Shop will offer laundry services that are
generally related to the cleaning of various types of fabric. It can
be a range of activities such as washing and drying of clothes and
linens. In addition to this, Liezel’s Laundry Shop will also offer
ironing and packaging garments for ready use. And if it will include
pick-up and delivery of clothes and linens to a particular location.
A different charge is also expected for different types of
laundries. For regular clothes (composed of t-shirts, blouses, shorts,
pants, jackets, office and school uniforms) will be charged Php 38.00
per kilo for wash-dry-fold services and Php 100.00 per kilo for wash-
dry-press services. For linens/garments (composed of comforters,
curtains, pillow cases, bed sheets, towels, and car covers) will be
charged Php 45.00 per kilo for wash-dry-fold services and Php 150.00
per kilo for wash-dry-press services. For ironing services of regular
clothes – cleaned clothes already, will be charged Php 50.00 per pair
of office and school uniform, Php 8.00 per piece of t-shirt and
blouse, and Php 10.00 per piece of shorts and pants.
In operation, the first thing that should be done is to tag and
inspect the laundry that is brought by the customer. Paper tags or
labels are placed on the clothes to identify them with a particular
owner and prevent the clothes from being mixed up. The garments are
also inspected for damages such as tears or missing buttons to take
note of their condition before they are brought in.
The customer will be given a job order sheet (refer to Appendix
C) to make them aware of the terms and conditions of the services.
This will be presented upon pick-up of laundries by customers or upon
delivery.
Before wash proper is started, the supplies and equipments are
inspected if they are available and/or ready for use. Supplies are
soap, laundry detergents, and fabric softener that will be purchased
from Liezyl’s Sabon factory Outlet at full cost. While equipments are
washing machine, electric fan, and electric iron. Finally, the
laundries are being washed, dried, folded, and pressed, depending on
the customer specification, and packed to make it ready for pick up or
delivery.
The capacity of washing machine is estimated at eight kilos of
laundry, six times per day. The policy on claiming cleaned laundries
is “first come, first serve” basis. If the number of kilos received on
that day is less than fifty kilograms, the customer can claim their
clothes the next day. If more than fifty kilograms of laundry is
received on that day, the excess of fifty kilos will be claimed two
days after. Completion of service and delivery depends upon the
receipt of laundries in kilo per day. Once delivered or picked-up,
collection of laundry fee is done but advance payment is always
accepted. No down payment is necessary. Free delivery will be granted
to loyal customers and/or ten kilos above of laundries.
Procurement Process
For practicality purpose, the owner/proprietor of Liezyl’s Sabon
Factory Outlet and Laundry Shop shall serve as liaison between the
business and the supplier and at the same time as procurement officer.
She shall also be responsible for the ordering of stocks from the
supplier of personal care, home/building care, and car care products.
She is also in charge of transporting the goods from the supplier to
the store.
The procurement officer shall be given an allowance for the
necessary expenses that will be incurred for the procurement
transactions.
Methods of Purchasing
Liezyl’s Sabon Factory Outlet and laundry Shop has a fixed
supplier of the products that it is going to sell. Inventory shall be
replenished monthly or when needed and all purchases shall be listed
in the purchasing record book.
Steps in Purchasing
A particular step for purchasing is required to avoid infusion.
The purchasing flows are the following:
1. to know and be aware of the needs,
2. specification of the items needed,
3. listing of items to be authorized for purchase requisition,
4. contract with the supplier for orders,
5. follow-up orders, and
6. closure of deal at a mutually agreed price.
Purchase Requisition Form
The purchase requisition form is a printed paper that bears the
original and official logo of Liezyl’s Sabon Factory Outlet and
Laundry Shop. It is a standard operating procedure.
Purchase requisition forms are strictly signed by the
owner/proprietor. If any form is unsigned, it is considered void. The
form contains the following:
A. Requisition number
This is to identify and control purchases for the week or
month.
B. Quantity and cost per unit
Quantities are important because it is the basis for the
needs. Costs against quantities are also expressed to
control the total cost every week or day.
C. Specification of item
D. Supplier
It is necessary for comments or problems with the
deliveries.
E. Signature of owner/proprietor for approval.
Purchase Order Terms and Conditions
Quality inspection will be initiated by the liaison prior to the
delivery.
All deliveries will be subject to inspection.
All specification and quality should be met by the supplier. Any
alteration or deviation will be ground for rejection of delivery
without any obligation on the business’ part.
Manner of payment will be based on the agreed terms and condition
set in the purchase order.
Original delivery receipt and invoice must be included in the
delivered products and to be submitted to the owner/proprietor.
Receiving
The receiving process shall be vested to the procurement officer
who shall also be capable of handling problems that may occur in
transporting the purchases from the supplier to the store. She shall
also examine the quantity, quality, and size of the items if it
conforms to the specification prior to transporting. For control
purposes, all items received shall be entered in the receiving record.
Location and Site
Liezyl’s Sabon Factory Outlet and Laundry Shop will rent a 24
square meter space located at Brgy. Sabang Tabok, Lavezares, Northern
Samar. The location is very viable to conduct business because it is
near the residential area, school, church, and public market.
The location and site can introduce the business itself and the
product and services it renders.
CHAPTER V
MANPOWER AND MANAGEMENT
Organizational Structure
The organizational structure describes the official relationships
of persons in an organization. It has to do with the chains of
command and the division of duties, with the emphasis on the former.
It forms part of the over-all organization plan. The organization
chart should be set in a clear picture with the job descriptions and
operating procedures to give emphasis and particularity on the
delegation of authority and responsibility.
Liezyl’s Sabon Factory Outlet and Laundry Shop organization will
be on a line type of structure. Centralization of operation and
decision making will be observed though the business has two divisions
considering the size of business itself and the simplicity of the
organizational structure. The owner, as also the manager, will be
seeing through the management and over-all operation of the business.
The store custodian will handle the selling operations of the products
as the laundry shop operator will take care of the laundry services.
Their responsibilities extend to the custody of the assets within
their division.
A liaison employee will be hired for the entire business. His
responsibility is on assisting the laundry shop operator in its daily
operation. He will also be taking care of the deliveries of products
from the supplier to the store. A single liaison employee will be
hired with the thought that some store deliveries will not be often
done as the assisting in the laundry shop. And so it is reasonably
expected that he will be able to meet his responsibilities in both
divisions.
Good relationships of the divisions as well as their respective
personnel should be developed. This is to initiate congruencies so as
to signify the duties and responsibilities of each person making up
the whole organization.
Organization Lay-out
Line Relationship
A line relationship represents the power of authority to command
that is exercised by a person over his direct subordinates. The
manager /owner has the power of supervision, direction and evaluation
on the work of his subordinates. The store custodian and laundry shop
operator will share authority over the liaison employee.
JOB DESCRIPTION
Position Title: Manager
Manager/ Owner
Store Custodian Laundry Shop Operator
Liaison Employee
Job Summary: Responsible for the profitability and growth of the
business
Duties and Responsibilities:
1. Planning – Establish and maintain an integrated plan consistent
with both short and long term goals and objectives.
2. Organizing – Develop and maintain an effective organization which
will ensure that work is done effectively and economically.
3. Control- Develop and maintain control system to ensure
conformance of operations and results to what was planned.
4. Design, establish and maintain an effective accounting system for
financial transactions of both divisions.
5. Verify and check all accounting reports and documents that are
submitted by the store custodian and laundry shop operator.
6. Check and verify all collections and disbursements made with
their supporting documents.
7. Signs check for any payment made by the business.
8. Responsible for implementation and monitoring of organization
rules and regulations.
9. Responsible for fixing salaries and benefits.
10. Assumes other duties analogous to the above mentioned.
JOB DESCRIPTION
Position Title: Store Custodian
Job Summary: Responsible for the selling operations of the products
Duties and Responsibilities:
1. Entertaining of customers on products offered.
2. Maintaining enough stocks for the store.
3. Setting of reorder point for inventories.
4. Collection of customer due accounts.
5. Assessing credit lines of customers, dealers and distributors.
6. Maintaining books in accounting for financial transactions.
7. Providing periodic reports on the financial position and
performance of the division.
8. Taking care of assets within the division.
Job Specification:
1. Male/ Female, 20-35 years of age
2. At least high school graduate, preferably college level.
3. Excellent in oral and written communication.
4. Has an excellent interpersonal skill.
JOB DESCRIPTION
Position Title: Laundry Shop Operator
Job Summary: Responsible for the operation on laundry services
Duties and Responsibilities:
1. Handling the actual cleaning of laundries.
2. Scheduling of accepting and returning of laundries to
customers.
3. Procurement and maintaining of stocks of supplies to be used
in service.
4. Maintaining books in accounting for financial transactions.
5. Providing periodic reports on the financial position and
performance of the division.
6. Taking care of the assets within the division.
Job Specification:
1. Male/ Female, 20-35 years of age
2. At least high school graduate
3. Knows how to operate a washing machine
JOB DESCRIPTION
Position Title: Liaison Employee
Job Summary: Responsible for the assistance on laundry shop and
store division
Duties and Responsibilities:
1. Assisting the operator of laundry shop on entertaining of
customers and cleaning of laundries.
2. Taking care of the deliveries from the supplier to the
store.
3. Assistance on whatever situation which requires such.
Job Specification:
1. Male, 20-35 years of age
2. At least high school graduate
3. Have excellent interpersonal skills
Management and Supervision
The proprietor will be the one to manage and supervise the
business operation. As the manager, she will direct and control
the operations in both divisions with the objective of bringing
out quality service to customers. To accomplish these
requirements, a manager needs to meet and practice ethical
standards and apply strategies on dealing with its employees.
The Recruitment Process
The manager shall personally choose and hire the employees
for the business. The specifications required for each job
should be met by the chosen applicant. A weight on
trustworthiness should be considered for they will be entrusted
with the assets of the business, so it would be better if the
manager personally know them. In addition, the requirements for
the oral and written communication skills and ability to operate
a washing machine should be given an emphasis for these are vital
in carrying out their duties and responsibilities.
Training and Development
Training and development refers to employees’ acquisition of
knowledge, development of skills and proper work attitude.
Training of employees is a means for Liezyl’s Sabon Factory
Outlet and Laundry Shop
to ensure job security which is necessary in giving quality
services.
The store custodian must be oriented by the manager/ owner
on his line of duties and responsibilities, particularly on
dealing with sales, credit system and customer relation. A
training which will be given by the company from which the
laundry shop equipments will be purchased should be undergone by
the laundry shop operator. The liaison employee should as well
be trained and oriented on his role in the business.
Many new employees are very uncomfortable in a new job, and
the new orientation program of Liezyl’s Sabon Factory Outlet and
Laundry Shop should serve, among other things, as gradual
introduction to the organization as well as the job. The new
staff member will be given the following:
1. Liezyl’s Sabon Factory Outlet and Laundry Shop history, its
policies, programs and procedures, objectives, and
organizational structure.
2. Working hours, salaries and benefits.
3. Brief description of duties and time of breaks.
4. Dress code.
Human Resource Management
Human Resource Management is the main function and
responsibility of management which includes planning, organizing,
directing, controlling and coordinating of employees.
Liezyl’s Sabon Factory Outlet and Laundry Shop has a small
organizational structure that is in a sole proprietorship form of
business. This establishment cannot provide separate human
resource management department to handle its employees but
instead, dealing and handling of personnel lies on the
manager/owner.
The manager and the line staff are carried on in a constant
coordination to exchange their ideas and synchronize their duties
about the matters concerned under a particular supervision.
Importance of Human Resource Management:
1. Keeps track on employee’s performance
2. Provides proper training and orientation to an employees’
designated job
3. Maintains good relationship with co-employees
4. Gives rules and policies to be followed
Time of Business Operation
9:00 a.m. – 12:00 p.m., 1:00 p.m. – 6:00 p.m.
(8 hours of operation from Mondays thru Saturdays)
Time of Employees Operation
Eight (8) of operation from Mondays thru Saturdays for the
store custodian, laundry shop operator, and liaison employee who
are allowed a one hour lunch break from 12:00 p.m. to 1:00 p.m.
wherein they may close the store as they wish.
Salaries and Wages
The following are the rate of salaries for each employee:
Laundry shop operator - Php 150.00 per day/ Php 3,600.00 per
month
Store custodian - Php 120.00 per day/ Php 2,880.00 per
month
Liaison employee - Php 100.00 per day/ Php 2,400.00 per
month
Employee Benefits
Sick leave – sick leave eligibility starts after six months
of continuous service. Liezyl’s Sabon Factory Outlet and Laundry
Shop considers sick leave as any temporary absence to illness or
non-occupational injury that prevents the worker from coming to
work. A medical certificate must be presented.
Policies and Disciplinary Actions
Liezyl’s Sabon Factory Outlet and Laundry Shop
Title: POLICY CODE OF DISCIPLINE
In any organization, a code of discipline is vital. As such
Liezyl’s Sabon Factory Outlet and Laundry Shop must maintain
House Code of Discipline for every employee to abide by abide
conduct himself accordingly. The purpose of a House Code of
Discipline is meant to correct an erring employee rather than to
inflict punishment. It also helps us maintain a standard quality
of employee.
ACTS OR OMISSIONS CONCERNING COMPANY PENALTY PENALTY
FUNDS OR PROPERTY
a. Stealing, misappropriating or embezzling
company’s funds or property
Dismissal
b. Fraudulent or illegitimate withdrawal or
acquisition or release to other person of
company’s funds and property
Dismissal
c. Deliberately causing loss or damage to
company’s property
Suspension
without pay
d. Committing other acts of dishonest, deceit or
anomaly
Suspension
without pay
e. Unauthorized painting, marking, carving or
removal of things
Oral/written
reprimand
f. Indiscriminate use or allowing unauthorized
persons to use materials and facilities in
loss or damage
Oral/written
reprimand
g. Negligence or carelessness resulting in loss
or damage of property
Oral/written
reprimand
ACTS OR OMISSIONS AFFECTING COMPANY’S INTEREST
a. Forging or falsifying or altering record, or Dismissal
other records in such a way as to mislead the
user/s thereof
b. Making false or malicious statements about the
business
Dismissal
c. Disclosing, giving way, or using restricted
information without proper authorization
Dismissal
d. Making use of record/s or document/s known (by
user) to be false
Dismissal
e. Unauthorized use of the business’ name to
obtain benefits
Dismissal
ACTS OR OMMISSION CONCERNING HARMONY AND PENALTY
GOOD, ORDERLY, SAFETY, SECURITY AND DECENCY
a. Bringing in, or unauthorized possession of
firearms, explosives, other deadly weapons
Oral/written
reprimand
within the store/shop premise or jobsite
b. Immoral conduct or conduct grossly indecent
nature within the business
Oral/written
reprimand
c. Stealing, concealing, or deliberately
misplacing without justifiable purpose
Dismissal
d. Absence without proper notice to notify
superior of the cause thereof
Oral/written
reprimand
e. Abandonment of job Dismissal
f. Habitual tardiness Oral/written
reprimand
CHAPTER VI
FINANCIAL ASPECT
Project Investment
The establishment of Liezyl’s Sabon Factory Outlet will need a
total initial investment of Php 405,456.46. This will be fully
financed by Ms. Liezyl Bulusan, the proprietor. She will be entitled
to all the profits and losses of the business.
List of Expenses
The following are the expenses involved in the business operation
aside from the cost of sales and cost of services:
o Taxes and licenses. The business will pay for the legal
expenses to the Department of Trade and Industry, Bureau of
Internal Revenue, and the Local Government before the formal
operation.
o Consultant’s fee. This will be paid for seeking the service
of consultants in ascertaining the viability of this
undertaking.
o Marketing expense. Promotion through radio and flyers
distribution will be made. This expense is presumed to be
higher on the first quarter for an intensive advertisement
and will be less and same amount on the following quarters.
o Rent expense. A monthly rent expense of Php 3,000.00 will be
paid for the space occupied by the business.
o Salaries expense. Salaries will be paid for the laundry shop
operator, store custodian and liaison employee.
o Utilities expense. This will include the payment for
electricity and water.
o Depreciation expense. Depreciation of fixed assets shall be
provided.
o Supplies expense. Supplies expense shall be recognized for
the supplies used.
o Miscellaneous expense. This will include transportation and
other expenses.
CHAPTER VII
Social Desirability Aspect
The establishment of Liezyl’s Sabon Factory Outlet and Laundry
Shop in Lavezares, N. Samar will be beneficial not only to the
proprietor, but also to the community. The gains that each sector of
the society can obtain from the business operation are stated as
follows:
To the Client:
The primary objective of this undertaking is the profit that the
owner will derive from its operations. Offering quality personal care,
home/building care, and car care products at a low price can induce
more customers to buy these products; thus, generating more income.
On the other side, the proposed laundry shop will also contribute
to the overall profit of the business. Plus, the fact that there is
still no existing business in town that provides the same services
that it offers such as washing, drying, and ironing clothes will make
customers who seek these kinds of services go directly to Liezyl’s
Laundry Shop.
To the Household and Environment:
The low price of the products that the business will offer will
generate more savings to its customers than if they choose to
patronize other brands with equal quality but of a higher cost. These
are designed to maintain good personal hygiene and cleanliness of the
surroundings and personal belongings; thus, providing a more healthy
environment.
The laundry shop will ease the lifestyle of the members of this
sector as it will lessen the burden of doing the laundries every now
and then.
To the Unemployed Individuals:
Liezyl’s Sabon Factory Outlet and Laundry Shop at its inception
will need experts and laborers for the design and construction of the
building which serve as the venue of its operations. Subsequently, it
will also hire some personnel who will operate the business. On the
whole, the establishment of this business will create employment
opportunities for this sector.
To the Supplier:
Since Liezyl’s Sabon Factory Outlet and Laundry shop has a fixed
supplier of the goods that it will sell, all the inventory demands of
the business will go to it. Thus, creating additional sales on the
part of the supplier.
To the Government and the Public
The right of the business to earn income from its operations has
its corresponding duty and responsibility of paying its taxes and
licenses which will provide the government additional fund for the
provision of services to the public.