pets & pals a feasibility study

7/26/2019 Pets & Pals A Feasibility Study

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Chapter I

INTRODUCTION

This chapter serves as an overview on the background of the study and the

nature of the business, outlined objectives, statement of the problems, definition of the

scope and limitations, and the formulation of hypothetical questions to be answered by

the researchers will be discussed in this chapter as initialization for this study.

Rationale of the Study

The proponents would like to study the viability of putting up a 4,000 sq. m et

!emetery named "ets # als $emorial ark% that would cater different services for the

benefit of the pet owners and the pet itself.

The proposed venture came about as a result of the personal e&periences of the

proponents themselves, having no proper burial site for their pet's remains. (side from

sentimental reasons, sanitary considerations is another reason why the proponents

think that a proper burial for pets is needed. )f the pet owners do not have backyards or

open spaces where they can bury their animals, they can consider pet cemeteries or

rather have the animals cremated.

The researchers have come up into the idea of creating a pet cemetery for it will

be a unique business to be funded in *isayas. The researchers think that having a new

and unique idea of cemetery will bring a lot of customers, specifically those class (



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customers. The said cemetery will offer an e&perience which many pet+lovers will like

they will not feel the loss of their pet because the cemetery will look like a theme park, in

this case, people will not feel sad of the loss of their pet. The abovementioned ideas of

the business are also its competitive advantage.

Business Profile

The business will be named "ets # als $emorial ark.% The business will be

established in order to serve as a place where deceased pets will be buried properly. (

number of ideas come up in people's mind on how to bury pet's remains. -ne of these

is to put the body in a plastic bag and just throw it in the river or somewhere else but the

most common practices is to bury it at home many people choose to bury their pets at

home as a way of keeping it close to them and it is much cheaper.

The researcher then came up to the idea of creating a pet cemetery. This will be

the first in the hilippines, however some countries have their own pet cemetery like

(merica and urope. The business will be practicing proper, clean and safe burial for

the pet. et owners do not need to worry where to place their deceased pet because

with the help of our memorial park, their pet's remains will be in good hands. )n addition,

the pet memorial park will not only be a plain cemetery for it will have food stalls and

mini+park where families can get together and enjoy the moment and ambiance of the

place.



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Statement of the Problem

This study is undertaken to determine the viability of setting up a et $emorial

ark in /acolod !ity. To aid the feasibility of the proposed project, the study intends to

answer the following questions

a. 1ow can the study be significant for the industry2

b. 3hat management structure, functions and policies are most applicable to the

proposed business2

c. 3hat marketing processes shall be validly determined and defined to ensure

marketability of the proposed business2

d. 3hat technical facilities, operational flows, lay+outs and requirements are most

appropriate to the proposed business2

e. 3hat financial indicators shall be met to ensure sustainability and profitability of

the proposed business2

f. 3hat is the significant social impact of the proposed business2

Scope and Limitations

The study will cover the analysis and strategies that will be applied in the

marketing, operational, financial, and socio+economic aspects of the chosen business.

This paper will also require information from segments of pet owners, most especially

pet lovers.



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ue to the time constraints, the study was only limited to gather information

concerning the market analysis for the business from 500 respondents belonging to the

target market. The concept for e&pansion and additional assets like pet grooming, are

yet beyond the scope of the study.

Sinificance of the Study

This study is significant to the following sectors

Investors. This paper will give the investors the idea on how they run the

business and to know if the business will be a successful one.

Government. 6hould this project be pushed through, the government would

benefit from the ta&es paid out of the business' income.

Academe. The academe will benefit from this study in terms of promoting the

quality of education, such as the practice of producing promising feasibility study which

enables the student learn more new ideas in their respective field of e&pertise.

Proponents. This study would enable the proponents to practice what they have

learned from their 7easibility subject, and at the same time, serve as a huge learning

e&perience for all of them. The proponents will also be able to connect their studies

with reality and catch a glimpse of the possible work they might have to do in the

future.

Pet Lovers. This will give the pet lovers a peace of mind for a reason that their

pets are in a proper resting place and are in good hands.



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Future researchers. (mong the future researchers, this study will serve as their

cross reference that will give them a background or an overview.

Definition of Terms

The following terms are the ones that are used in the paper which are defined clearly

Pet Memorial Park ! ( cemetery for pets, that is also for the owners to have a

place where they can reminisce the times that they've had with their animal.

Memorial park. $ay be either a public park dedicated in memorial to an event,

or a cemetery.

Cemetery ! ( place where the remains of the deceased are buried.

Pal/s. ( person or an animal that you are spending time with, giving you

company when you are alone.

Pet. ( tamed animal, kept for companionship and treated with care and affection.

Cremation. The combustion, vaporization and o&idation of dead bodies to

basic chemical compounds, such as gases, ashes and mineral fragments retaining the

appearance of dry bone.

Burial. ( ritual act of placing a dead person or animal, sometimes with objects,

into the ground.

https://en.wikipedia.org/wiki/Combustion

https://en.wikipedia.org/wiki/Vaporization

https://en.wikipedia.org/wiki/Oxidation


https://en.wikipedia.org/wiki/Chemical_compound

https://en.wikipedia.org/wiki/Gas

https://en.wikipedia.org/wiki/Ash_(analytical_chemistry)

https://en.wikipedia.org/wiki/Vaporization


https://en.wikipedia.org/wiki/Chemical_compound

https://en.wikipedia.org/wiki/Gas

https://en.wikipedia.org/wiki/Ash_(analytical_chemistry)

https://en.wikipedia.org/wiki/Combustion



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Chapter II

"#N#$%"%NT #SP%CT

This chapter aims to answer the need for efficient organizational structure,

effective hiring and screening procedures, better understanding of the roles of each

individual key player that would either make or break the business, among other

purpose. The mission and vision as well are presented alongside the specific objectives

of the study.

&ision

To provide the highest level of compassion and understanding to the pet owner.

3e will treat each pet as if it were our own with emphasis on dignity and

professionalism and to be remarkably first in the city catering this type of business by

giving satisfaction, quality, and price+ friendly services.

"ission

To provide an affordable, well maintained final place of rest for pets, regardless of

burial choice, where family, friends and the community can be at peace with their loved

ones and their thoughts. 7urthermore, ets # als promise to deliver satisfactory



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services amongst customers through continually improving in all business aspects such

as regularly seeking ways on how to maintain order and cleanliness in the area, and by

being up to date with the trends as to provide e&citing offers all year round.

Company $oals and Ob'ecti(es

). rovide a dignified, environmental sensitive cremation and burial site for ets.

a8 nsure that the location is fit for cremation and burial accommodations and

activities.

b.8 nsure preservation of grave maintenance should be a priority.

)). $ake a name for itself

a.8 ( clean reputation should be maintained.

b.8 )t will not only set as a trend but a lifetime business that will continue to

innovate and prosper.

)orm of O*nership

(s for the form of business organization, the business will be implementing the

general partnership form of ownership. The business, in its entirety, is owned by the

partners who took part in the conceptualization, inception, and incorporation of the

partnership and who are still continually involved in the day+to+day operations of the

entity. The partners are namely $ary (rgee yle (murao, /ill !hristian /raza, 9an

(ndre 9alando+on, )vy 9ocsing and $ikaela 6olatorio, who unified and bound



:eneralartners

:eneral$anager

/ookkeeper (ssistant$anager

!ashier $ortician 9anitor 6ecurity:uard

:rave4igger

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themselves to pool money, property or industry to a common fund, with the intention of

dividing the profits and losses among themselves, and be of service to their fellowmen.

Orani+ational Structure

)iure ,- Pets . Pals "emorial Par/ Orani+ational Structure



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0ob Description and Specifications

This section presents the agreed and appropriate manpower specifications that

are required for a particular position in the business, which are corresponded with a

brief e&planation of the duties and responsibilities, as well as whom to render

accountability, of that certain position.

,! $eneral "anaer

Reports to: :eneral artners

General Function:

-ne of the partners would serve as a $anaging artner or the :eneral

$anager of the business, and will be in authority for the administrative and

operating functions of the organization. The :eneral $anager ensures that the

business operates efficiently, effectively, and profitably while maintaining

reputation.

Job specifications:

• :raduate of /usiness (dministration



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• 1as a minimum of ; years work related e&perience

• Took up courses in a business administration program including

management, organizational behaviour and human resource management

• !omputer literate

• 1as good interpersonal skills

• !ommunicate fluently and effectively in the dialects used 1iligaynon,

Tagalog and nglish

• <= years old and above

• $ale or female

Job description:

• nsures that the $emorial ark as well as the -ffice operates efficiently

and profitably while maintaining its reputation

• $onitor and improve overall business performance and standards

• 6upervise the employees, their performances, job satisfaction, productivity

and welfare



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• 1andling complaints from both staff and customers

• >esponsible for combining of strategic planning and day+to+day

management responsibilities and activities

• 1ave creative aspects in marketing and business development

1! #ssistant "anaer

Reports to :eneral $anager

General Function:

The (ssistant $anager will be in authority for assisting the :eneral

$anager in the administrative and operating functions of the organization. The

(ssistant $anager together with the :eneral $anager must ensure that the

business operates efficiently, effectively, and profitably while maintaining

reputation.

Job specifications:

• :raduate of /usiness (dministration




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• Took up courses in a business administration program including

management, organizational behaviour and human resource management


• 1as good interpersonal skills


Tagalog and nglish


• $ale or female

Job description:

• (ssist the :eneral $anager in ensuring that the $emorial ark as well as

the -ffice operates efficiently and profitably while maintaining its

reputation

• $onitor and improve overall business performance and standards

• 6upervise the employees, their performances, job satisfaction, productivity

and welfare when the :eneral $anager is not around



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• 1andling complaints from both staff and customers

• 1ave creative aspects in marketing and business development

1! Boo//eeper 2outsource3

Reports to: :eneral artners

General Function:

The bookkeeper is accountable for the record keeping function of the

business.

Job specifications:

• 6hould have an associate degree in (ccounting or /usiness

(dministration, or equivalent business e&perience, as well as knowledge

in bookkeeping and generally accepted accounting principles




Tagalog and nglish



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• $ale or female



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Job description:

• >econciles accounts to ensure accuracy

• !reates the tangible reports of financial transactions of the business per

quarter which includes posting information from documents like invoice to

customers, cash receipt and supplier invoices to accounting journals or

accounting software.

4! Cashier

Reports to: /ookkeeper

Job specifications:

• $ust have degree in any course

• 1as at least < year work related e&perience

• ?nowledge to handle money

• $ust be trustworthy

• $ust have good moral character

• $ale or female

Job description:

• :reets customer



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• !ollects payments by accepting cash, check, or charge payments from

customers

• $eet with the bookkeeper to record business transactions

• evelops honesty and integrity inside the working place

5! "ortician

Reports to: (ssistant $anager Job specifications:

• @o formal education required

• $ust be physically strong

• 3illing to work in any weather conditions

Job description:

• igs grave

• repares the plots for funeral and burial services

• repares for and conducts casketed and cremated interments

6! %mbalmer

>eports to (ssistant $anager Job specifications:

• )nvolved in classes with embalming



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• $ust complete an apprenticeship

• $ust have an acceptance of death

Job description:

• reserves and prepares bodies from the time of death until they can be

buried

• 3ash and disinfect bodies to prevent deterioration and infection

• >emove fluids and gases from the body and replace them with injected

preservatives

• $ake sure the mortuary is fully stocked

• -rder essential items, such as chemicals

7! 0anitor


• @o formal education required

• 3illing to work in any weather conditions

• 3illing to work any time of the day

Job description:

• /eautify lawns, trees and the aesthetics of cemeteries

• !leaning and maintenance of place



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• $aintains and utilizes cemetery tools, equipment, and vehicle

8! Security $uard


• 1igh school diploma

• 1as at least < year work related e&perience

• (bility to maintain healthy working relationships with customers and other

employees

• $ust be physically fit

Job description:

• :reets customers and anyone entering the area

• 6ecures premises and personnel

• revents losses and damage in any properties

• !ompletes reports by recording observations

Compensation

ets # als employees will avail the following benefits

666, hil1ealth and ag+ibig with the required percentage based on salary

range. /enefits also comprise of 5;+month pay, vacation leave, sick leave, overtime

pays and attendance bonus.



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"anaement policies

et # als starts the business operation at Aam to Bpm. mployees, who are

assigned with different tasks and responsibilities, are required to observe the following

policies regarding the attendance, leaves and overtimes, proper dress codes, duties

and responsibilities and appropriate work behaviors.

#ttendance policies

5. mployees are e&pected to report to work as scheduled on time.

<. 7ailure to report on time issues a salary deduction as per the minutesChours of

being late.

;. -nly three D;8 tardiness are allowed within one month. )n e&cess of this, an

employee is subject to penalties.

4. very employee shall ask written form from the $anager before issuing a

leave for absence.

=. very employee shall ask a waiver from the $anager before issuing a leave.

• Enscheduled (bsences F mployees must file a waiver for absence for at

least a week before to manager. )f the employee incurred sickness and

cannot report for work, he must call the -perations $anager immediately.

)f notifications were received on the day of hisCher absence, this will be

considered as (3-G. Epon return to work, heCshe must file an absence

slip with medical certificate attached for signature and approval of the

-perations $anager.



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H. )ncurrence of 4+day (3-G of an employee automatically subjects to

termination.



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Lea(es and O(ertimes

3orking leaves of all forms are subjected for approval before issuance failure to

adhere with this automatically considers one as absent. 1ence, some leaves that ere

with pay are issued invalid.

5. /ereavement leave grants a ;+day e&cuse from reporting to work with pay

<. $aternity leave grant a ;+month e&cuse from reporting to work

;. aternity leave grants a 5+week e&cuse from reporting to work

4. 6ick and vacation leave grants a ma&imum of 5+week e&cuse from reporting to

work.

o mergency leave+ )f employees must go on emergency leave, heCshe

must file an absence slip immediately. (ttached to the absence slip must

be documents justifying hisCher reason for going an emergency leave.

=. -vertimes will be paid at the rate of time and one half the hourly rates for all

hours worked

H. very employee should file their overtime slips to the manager within the pay+

period to be compensated. @o overtime slip, no overtime pay.

B. )n terms of holiday, employees who provided their effort to report to work shall

receive double pay.

&oluntary resination

5. (n employee who intends to resign must give a one+month prior notice to the

owner.



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<. $ust comply with all the clearance requirements, otherwise, heCshe will forfeit

the remaining compensation due to him if there is any.

Compensation schedules

5. The 5;th month pay which shall be equivalent to of an employee's basic

monthly salary shall be given not later than ecember <4 of each year

<. 6alaries are to be distributed with no delays as possible

Duties of pet cemetery o*ners and operators

(ll pet cemetery owners and operators shall have the following duties

5. To keep permanently maps and records containing the specific site of each pet

grave, the grave owner's last known address, the date of burial, the size of such

grave, the contract for sale of such grave and pet disposal forms provided

however that the provisions of this subdivision shall apply only to individual

burials.

<. To keep complete records of the names of trustees of any trust accounts and

complete records of all trust fund money.

;. To clearly inform customers of the option of paying maintenance fees for care

of pet graves, including costs and benefits for permanent care for pet graves and

annual care for pet graves.

4. To provide notice to customers about hours that the cemetery will open to

customers to view pet graves.



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Dress code9 hyiene and sanitation

5. mployees are e&pected to be proper and modest.

<. mployees must be well+groomed, wearing clean and assigned attire.

;. 6hall have proper haircut, trimmed fingernails, clean, and regularly washed

hands.

4. 3ork areas should be designed to be safe to use and easy to clean and

decontaminate, and should be cleaned at the end of every working day.

=. mployees are allowed to wear appropriate make ups, particularly among the

$anagers, /ookkeeper, and !ashier.

#ppropriate *or/ beha(iors and discipline

5. mployees are e&pected to make themselves readily available when

requested by customers.

<. ach employee needs to know what is e&pected of them. )t is then their

responsibility to make sure they follow through.

;. mployees and leaders need to be able to count on each other.

4. mployees need to understand that they need to make the right choices. They

need to own up to mistakes for the greater good. (dmitting to mistakes will allow

time to make corrections.

=. (lways act professional no matter what your job title is.

H. mployees must treat other employees and members of the public in a

respectful, professional, fair, equitable and courteous manner.



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Personnel Plan

%mployees Salary:Day Salary:"onth Salary:;ear :eneral $anager + + (llowance D50I of net income8

(ssistant $anager + 54,000.00 5HJ,000.00

/ookkeeper + H,=00 per quarter <J,000.00

!ashier <=H.=0 B,HA=.00 A0,=44.=0

$ortician ;=0 per session + J4,5<J.00

mbalmer 5,<00 per burial B,<00.00 JH,400.00

9anitor <=H.=0 B,HA=.00 A0,=44.=0

6ecurity :uard + J,<=0.00 AA,000.00



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Chapter III

"#R<%TIN$ #SP%CT

)n this chapter, the proponents will be presenting the factors which are

considered as part of establishing the business in its marketing viewpoint. This section

includes the statements of who are the target markets of the chosen business, the

methodology and the instrumentation used by the proponents in gathering data and

information from the market in order to obtain a demand and supply analyses. )n

addition, this chapter also presents the competitor's profile and the internal and e&ternal

factors the business must consider. The illustration and discussion of the business'

product positioning and marketing strategies that will cohere to its mission and vision

are also included in this chapter.

Taret "ar/et

)n todayKs current environment, pets occupy a prominent place in a family, or as

the central focus of attention in a single household. The business' target markets are

middle to upper+middle class families, couples, individuals, pet lovers and pet owners of

deceased pets who want their pets memorialized by placing nameplates on memorials

at our cemetery facility.

The researchers chose these groups because they are most likely to have pets

who would be considered a member of the family. )n addition, these target markets have

enough financial support to make them spend more money on taking good care of their



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pets. ets # als $emorial ark fills a need for capturing a moment in time, or

preserving a special relationship with their beloved pets.

"ethodoloy

The study will use descriptive design in asking and surveying the respondents

towards having a et $emorial ark in /acolod !ity. The survey questions will come

from the researchers which is self+made and to be distributed to 500 respondents. )t will

be distributed to respondents who are pet owners and pet lovers, randomly in any areas

around /acolod and other neighboring municipalities and cities.

The data that will be gathered will include the information that are relevant to the

study such as the importance of their pet, willingness to pay burial of pet, willingness to

visit their pet once in a while, and interest in putting the pet's remain in a pet cemetery.

(ll gathered data will be presented in pie charts and bar graphs to clearly show the

results of the survey. (fter gathering, result will be summarized and to be analyzed by

the researchers as a bases in making their marketing strategies and as a reference for

instituting the demand and supply analysis of the projected business.

Instrumentation

)n terms of gathering data, the proponents will use questionnaires that contain

questions that are relevant to the study. 6elf+made questionnaires will be distributed in

order to know and understand the preferences and perceptions of the respondents. The

questionnaire is about knowing if they have e&perienced owning a pet for the past



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yearCs and how they treat them. The respondents will also be asked if they have already

seen a pet cemetery. )n the questionnaire, the respondents will be questioned if they're

willing to try a new, affordable, and safe et !emetery to be established in /acolod !ity.

(lso, it is about knowing the things or activities that pet owners usually do to its pet's

remains. The interest of the respondents in having a burial for their pet and asking for

suggestions for the et !emetery are also included in the survey questionnaire.

Demand #nalysis

Figure 1: Respondent’s Gender

Male 26%Female 74%



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-ut of 500 respondents who answered the survey questionnaires regarding the

proposed business, B4I are female and only <HI are male.

Yes No0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Figure 2: Percentage of Respondents Having Pet/s at Home for the Past Year/s



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7igure < shows the number of respondents who have petCs at homes for almost a

year. The partition of the chart reveals that JBI of the respondents are having petCs at

home on the other hand, 5;I answered that they don't have any pets at home that

stayed with them for almost a year. Therefore, it can be concluded that a lot of pets

nowadays are being adopted by different groups of people Dstudents, families, couples,

etc.8 who are also called as pet+owners or pet+lovers.

Yes No

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Figure 3: Percentage of Respondents who reat heir Pet/s !i"e a Fami#$ %em&er

Column1

7igure ; shows the percentage of respondents who treat their petCs at home as a

family member. The result reveals that JHI of the respondents give importance to their

petCs because they treat them as one of their family members on the other hand, 54I

do not treat their petCs as one or maybe a part of the 54I of respondents do not have

any petCs at home that's why they do not consider it as a family member. Therefore, the

proponents concluded that pets are treated as a family member by most of the people



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because they bring many benefits to some pet owners. ven though having a pet

involves additional cleaning, spending, doctor appointments and time, pet owners think

that there are many rewards they can get which can be taken from the whole

e&perience just by owning a pet.

0%10%20%30%40%50%60%70%80%

Figure ': (ctivities )one &$ the Pet *wners to their Pet+s Remains

Series 1

The figure above shows the activities or ways on how the pet owners do to their

pet's remains. (s shown above, most of the respondents bury their dead pets at the

backyard DBHI8 while least opt for other activities like burying it to any vacant lot,

disposing and selling it to others D4I8. <0I of the respondents usually throw their pet's

remains at the river or dumpsites while only =I slaughtered it for food. /ased on the

derived percentages, it can be concluded that most of the respondents prefer to bury

their dead pets at their backyard at homes because it has already been a part of

7ilipino's tradition. Therefore, the business should focus on encouraging the pet owners



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that a proper and safe burial for their pets is a must+try because based on a research,

burying pet's remains somewhere else are considered to be hazardous wastes in which

most of them are not aware of.

Figure ,: Percentage of Respondents

-ho Have .een a Pet /emeter$

Yes 6% No 94%

The figure above shows the number of respondents who have already seen a pet

cemetery. The result shows that A4I of the respondents have not yet seen a pet

cemetery while HI already did. )t conveys that pet cemetery is not common to

everybody because most of the people are already used of the thought that only

humans are the one being buried in a cemetery. 6ome of the respondents are not

aware that there are some pet cemeteries being established in other countries which

bury pet's remains that is why the proponents concluded that establishing this kind of

business in /acolod !ity will be more likely in demand because this will be the first et

$emorial ark in the city that will cater services for pet and pet owners.



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Figure 0: 1o2 of Respondents who are in Favor of Having a 1ew3 (4orda&#e3 and .afe Pet /emeter$

Yes 85% No 15%

7igure H represents the percentage of the respondents who are in favor in the

idea of establishing a new, affordable, and safe pet cemetery in the city of /acolod. The

partition of the pie chart reveals that J=I of the respondents prefer to have a pet

cemetery in the city while only 5=I are not in favor of. Therefore, it can be concluded

that there is a demand for a safe and secured resting place for pets that is why the

business should pursue marketing strategies in informing the market that there will be a

new and first ever pet cemetery in the city that will offer special services for pets and for

pet owners at the same time.



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Yes No0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Figure 5: 1o2 of Respondents -ho are 6nterested of Putting heir )ead Pet at a Pet /emeter$

The figure above shows the percentage of respondents who are interested in

putting their dead petCs at a pet cemetery. The result conveys that majority of the

respondents DJ;I8 are willing to put their pet's remains in a pet cemetery while only

5BI of the respondents say no. /ased on the outcome of the survey, the proponents

concluded that there is a high demand for this kind of business because it is new in the

market. )t could also be concluded that this kind of business will be popular in its

industry if it captures the target market who are highly interested in the offerings being

offered by the business.



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0

10

20

30

40

50

60

70

8090

100

Figure 7: .uggested (menities (t the Pet /emeter$&$ the Respondents

Food Stalls/Canteen la!"round ar# C$a%el et Clini& Cremation 'om( )t$ers

The last figure above shows the percentage derived from the suggestions of the

respondents regarding the amenities they want to be featured in the et $emorial ark.

-ut of 500I, 7ood 6talls or !anteen got the highest percentage which is ;<I, ne&t to

this is the layground and ark with 5;I, followed by Tomb with AI, and both !hapel

and !remation got JI. The least opt goes to et !linic with only BI. There are other

amenities that have been recommended by the respondents which only got a total of

=I which includes et 3all, !afL, ool, et $useum, et 6how, :arden, Treehouse,

etc. 1ence, due to this demand, the proponents concluded that the business should be

effectively establish these amenities in which most of the target market are looking for.

Supply #nalysis

et cemetery is a kind of business that is very rare in the hilippines because

most 7ilipinos are used in the tradition of putting their pet's remains somewhere else



36

like rivers, backyards or even in the dump sites. 7or this reason, the proponents were

not able to identify the possible business' competitors because ets # als $emorial

ark will be the first pet cemetery in /acolod !ity catering special services for pets and

for pet owners as well. 6ince ets # als doesn't have any competitors locally, the

business will be focusing on its own internal and e&ternal factors in order to succeed

and be known in the industry it belongs.

)iure =- Pets . Pals "emorial Par/ Strenths9 >ea/nesses9

Opportunities and Threats

Strenths >ea/nesses

5 @o competitors< Enique facilities; :ood place to spend some quality

time and reminisce the times withthe deceased pet.4 (ffordable and well maintained place

for deceased pets.= Trendsetter pet cemeteryH -ffers different amenities

5 Enable to determine the death of thepets

< rices for the services are not yet

fully established

Opportunities Threats

5 :aining customer loyalty< )ncreased number of customers who

are interested in providing a burial

for the deceased petCs; 3ill be known nationwide

5 @ew competitors< ifficulty in reaching the quota since

the business is new and having the

possibility that it will not click.; There might be competitors that willcopy the business and force thebusiness to shut down.



37

Strenths

+@o competitors

+Enique facilities

+:ood place to spend somequality time and reminisce thetimes with the deceased pet

+3ell maintained place fordeceased pets

+( trendsetter pet cemetery

>ea/nesses

+Enable to determine thedeath of a pet

+rices for the services arenot yet fully established

Opportunities

+:aining customer loyalty

+)ncreased number ofcustomers who are interestedin providing a burial for thedeceased petCs

+3ill be known nationwide

+6ince there are nocompetitors, the customer'sloyalty will be much assured

+)t is one of the fist and fewpet cemetery so it has bigchance of being knownnationwide

+Though we do not have theassurance of when the e&actdate and time the pets willdie, whenever one dies, aninterested customer will be aprospect

+)n time, the services will befully established

Threats

+@ew competitors

+ifficulty in reaching thequota since the business isnew and having thepossibility that will not click

+There might be competitorsthat will copy the businessand force the business toshut down

+6ince there are nocompetitors yet, the newones that might be put up thesame business will have ahard time catching up withwhat we have alreadyestablished

+ven if competitors willfollow what we have, peoplewill still recognize which onestarted the trend

+/y the time new competitorscome, we have overcome ourweaknesses already



38

)iure ,?-

Pets . Pals "emorial Par/ TO>S "atri@



*o+ ,ariet!

-i"$ ri&e

*o+ ri&e

-i"$ ,ariet!

39

Product:Ser(ice Positionin

)iure ,

ets # als $emorial ark is positioned in the 1igh *ariety and 1igh rice for a

reason that this business will be offering a lot of services and will be giving high quality

products that could surely satisfy the needs and wants of our target customers.



40



41

"ar/etin Strateies

Business Loo



42

Ser(ice:Product

( lot of pet owners nowadays are looking for a business that could bury their

pet's remains properly. The needs of these customers will be met because the offerings

that the business offers will give a fast and reliable service. The business will be offering

a variety of stuffs but concentrating in the preserving and proper burial of pets. (lso, to

get more attention of the market, the business will be introducing a mini+park in which

people who are interested to do some activities inside are welcome to enter. The

service should also be satisfying and remarkable. )t must be convenient for the visitors

and grave owners to visit their dead pets and deal with the management. 6ince it is a

new business in the city, the services and products shouldnKt be disappointing but rather

standard+qualified enough to be marketed in the society.

Price

The business will provide price range that will be affordable for the target market.

6ince the business is unique and no competitions at all, price will be offered as cheap



43

as possible but as the same way, business will still gain profit. The researchers have

agreed that the prices will be offered based on the quality and type of the caskets, pet

urns, memorial markers and service that the customer wants. The business should also

consider the survey results since many of the respondents answered that they think it is

costly to put their pet in a pet cemetery.

Place

The researchers agreed that the ideal place for the business is at /rgy. :ranada,

/acolod !ity, containing an area of 4,000 square meters, more or less. )t is registered in

accordance with the rovisions of the roperty >egistration ecree in the name of (tty.

Geon :. $oya, 9r. The researchers chose this location because it is near a subdivision

and people are most likely to have pets who would be treated as a member of the family

and these target customers have enough financial support to make them spend more

money on caring their pets. 7urthermore, the location is advantageous to the part of the

proponents since people are most probably to go there to spend time together with their

pets during their past time.

Promotion

(dvertising can be used to promote the business in a way that it shows how

convenient it is to have a memorial park for a pet. 1aving a marketing strategy is a

requirement when it comes to putting up a business. The business will be involved in



44

social media in order to communicate faster and able to adapt in the modern

generation. 6ocial media will be very helpful since internet world is just a click away and

the researchers think that this is a good way to start promoting the business. )n addition,

using of billboards, tarpaulins and flyers will be used to help promote the business. (lso,

the business will give promos to attract the market. 6ince this is a new business,

customers will be attracted to try some promos and the business will take advantage of

it by making sure that the customers will get satisfied, and spread the business by word

of mouth.

People

)t is very important that the business ownerCs are aware of the rights and benefits

of each and every employee. The salary should be on time, rules and regulations

should be implemented fairly, hiring would be done accordingly, and great respect

should be properly practiced inside the workplace. $anpower is very important in this

business because it will be more on service. The business will be offering services that

can satisfy the needs of the pets and the wants of the pet owners, therefore, the

presence of each employee is highly needed in daily operation of the business.

Physical %(idence

3hen it comes to the pet memorial park design and ambience, an open+air,

beautifully landscaped, floral lawns, and e&tensive memorial gardens will be



45

established. )t includes landscaped lawns, plaque memorials and a limited number of

upright headstones for the deceased animal. -n the other hand, when it comes to the

over+all environment9 the approach would be to establish a set of basic design criteria.

)n addition, more careful consideration has to be given to finding the most suitable soil

types in which to bury animal remains so as to minimize the effect of seepage on the

environment and public health in order to avoid groundwater or surface+water pollution

that caused by some cemeteries. The business will be introducing a mini+park which will

consist of pet playground and garden which will be a good place to stay with the family

and friends while spending time and reminiscing memories of their pet. The place will

have a peaceful environment and this will accommodate number of people.

Process

rocess is one of the most important factors in this kind of business. )t is going to

have a daily operation such as the maintenance of the pet memorial park and will be

offering services for a number of hours. The researchers used the 6$(>T Dspecific,

measurable, attainable, realistic, and time+bound8 method before coming up to a

decision in order to assure that the business is feasible and will be successful after

months and years of operating. The researchers also used the 63-T analysis and

T-36 matri& for them to know and understand their business strengths and

weaknesses. Through this method, the researchers will also be aware of the

opportunities and threats that the business is going to encounter while having its day to

day operation.



46

Chapter I&

T%CANIC#L #SP%CTS

)n this chapter, the specific services the business offers, the operations and

service flows, and the list of machineries and equipment to be procured and utilized by

the business will be discussed. 7urthermore, the site of the proposed business is

highlighted with an accompanying building lay out and as well as the projected timetable

of the business.



47

Operation Process )lo*

-ne of the most important phases of the process flow is the preparation phase.

)n order to deliver and maintain quality service to the valued customers, ets # als will

make certain that all things necessary are set up perfectly before the beginning of

operations. The ets # als $emorial ark will be opened for 5= hours, from Ham to

Apm and the ets # als -ffice will be operating for 50 hours, B days a week, from Jam

to =pm, e&cept for legal holidays.

(s soon as the memorial park opens at Ham, it is ready to serve the guests who

want to do some activities like picnics, jogging or hang out inside the park together with

their pets. Epon the entry of the guests, the assigned 6ecurity :uard will let the guest

show his membership card if he doesn't have one, he needs to pay for the entrance fee

which is <=.00 consumable for unlimited hours.

3hen Jam strikes, the ets # als -ffice will be opened. Epon the entry of

customers, the manager will inquire if he wants to avail of the services offered by the

business. (fter the customer chooses from the services, the manager will then ask him

if he has any reservations or not. 3hen the customer just inquires, the manager will just

give details of the services and give the customer a brochure and ends the transaction.

3hen the customer will avail any of the services, the manager will then show the

available packages. (fter the customer avails the services, the manager will then give

the customer a brochure and ask for his full and e&act details including his name,

contact number, address, etc. for further inquiries. 3hen the customer has selected



48

among the services and made a transaction to bury his pet, the (ssistant $anager will

then contact the mbalmer about the schedule of preserving the pet's remains and the

:ravedigger to give the schedule of burial.

7or both office and memorial park division, cleanliness is a priority so the

assigned 9anitors should be alert in sensing irregularities in hygienic practices such as

garbage disposal. 7or the security of the whole place, there will be an assigned :uards

in each division. The shifting of schedule would only be applicable for the 6ecurity

:uards. The :uard 5 assigned in the office will stay from Jam+Jpm with 5 hour lunch

break. The :uard < will be assigned in the guard house from Jam to Jpm with 5 hour

lunch break and 5 hour coffee break while the :uard < will be shifted by :uard ; from

Bpm until Bam.

(t B00pm, all operating activities regarding to the ets # als office will cease

and the staff will prepare to close. 1owever, this does not equate to the entire

establishment being closed because the memorial park will still be in operation. There

will be a general check+up of both of the divisions by the (ssistant $anager and

endorses all the necessary information to the :eneral $anager.

The income of the business will be accounted for and checked by !ashier. The

$anager will review and reconcile the cash. (ny overage be turned over to the business

while shortage is the liability of the cashier to will the business. (ll other information in

relation to the former statement will be forwarded and checked by the &ternal

/ookkeeper quarterly or whenever necessary to the business.

The 9anitors will be in charge of overseeing the cleanliness of the whole

establishment. The equipment should be checked by the (ssistant $anager to



ur&$asin" Mana"er reares ur&$ase re.uisitionsSul! For+ard to

suliersSul!

Sulier

reares "ood

/elier "oods

to ets als

oods re&eied,eri! t$e

.uantit! and

.ualit! o t$e

"oods a&&ordin"

to t$e re.uisition

and re&eit

reare

re&eiin" reort For+ard to t$e o&ela&e in t$e

desi"nated stora

49

guarantee that it has been properly turned off, then lighting should be turned off as well.

(fter all the steps have been e&ecuted, the $anager should secure the facility by

locking the door properly.

/efore the employees thumb out and leave the premises, the guard should check

each and every employee and their belongings to provide the owners with reasonable

assurance that theft by the employees will be avoided. /elow is a flow chart that depicts

the operation process flow of a completed business transaction.

Operation )lo* Chart

Procurement of Stoc/s



Cas$ier +ill

tall! t$e sales

For+ard t$e sales

to t$e oo##eeerC$e&# and eri! t$e sales

and re&orded transa&tions

Sae #ee

t$e mone!

Cas$ier

For+ard to (an#

C$e&# +it$

t$e Cas$ier

N)'

:;C'

:;C'

50

The diagram above shows the flow of procuring stocks in ets # als. 7irst, the

assistant $anager will request for replenishment of stocks to the :eneral $anager. The

:eneral $anager will then fill up the purchase requisition which will be forwarded to the

suppliers. The supplier will prepare the goods ordered and then deliver it to ets # als

which will be received by the (ssistant $anager. (fter that, the :eneral $anager will

check and verify the quantity and the quality of goods that were delivered if it is in the

accordance with the purchase requisition and the receipt. 3hen accurate, a receiving

report will be prepared by the :eneral $anager and the goods will be placed in its

designated storages.

Internal Control System



51

The internal control system is about the safe keeping of the cash sales of the

company in a day or a week regardless of its policy. (s for ets # als, the cashier

needs to count and tally its total sales of the day and forward it to the bookkeeper

afterwards. The bookkeeper's task is to check and verify if the cash sales is the same

with the recorded transactions throughout the operations. )f the accounting is not e&act,

the bookkeeper will go back to the cashier to adjust necessary corrections. )f e&act, on

the other hand, the money will be kept in a safety vault and it will be forwarded to the

bank every afternoon of the ne&t operating day.

Table ,! $antt Chart

#cti(ities 0an )eb "ar #pr "ay 0un 0ul #u Sep Oct No( Dec 0an

7easibility

6tudy

6ecure

documents

and permits

!onstruction

rocurement

of materialsC

quipment

mployee

1iring

Training



52

reparation

/usiness

-pening



53

List of Products

"emorial "ar/ers

• Solid $ranite Pet "emorial "ar/ers- 7lat

or /eveled. (ll markers come with

engraved te&t. aw print is optional.

/eveled is where the marker is HK in the

back and slopes down to 4K in the front.

rice hp=, 000

Flat Burial Markers 6mall or Garge and your

choice of /lack, :reen or /urgundy. urable

diamond engraved gold lithochrome filled lettering.

rice hp4, 000

Solid atural Garden Stone Marker! -ne size

only. aw print is optional. 6ize of stone is

determined by the te&t to be engraved.



54

rice hp;, 000

Solid Bron"e Marker #ith Granite Base! 6pecial Treat

og /one.

rice hp<, 000

Solid Bron"e Marker #ith Granite Base! ?eepsake !at

rice hp<, 000

Cas/ets

ets # als

$emorial

ark

proudly

carries

the highest

quality pet caskets, dog caskets, and cat caskets. There are < of the most

elegant coffins for pets + dogs, cats, and other beloved animal companions. These are

available in different sizes

6mall Dhp<, =008

$edium Dhp;, 0008

Garge Dhp4, 0008



55

Pet Urns

ets # als $emorial ark offers pet urns which are manufactured for outdoor gardens.

)t is sealed to protect against weather elements and is available in three sizes

accommodating up to 5=0 lb. pets. et urns sizes are as follow

6mall Dhp=, 0008

$edium Dhp=, =008

Garge DhpH, 0008

Desiner <eychain 2P?!??3

>hite Printed Shirt 2P1??!??3



56

Desiner "us 2P,4?!??3

Blac/ Printed Shirt 2P14?!??3

Tu

mbler 2P,?!??3

Pro'ect Location



57

The ideal place for the business is at /rgy. :ranada, /acolod !ity, containing an

area of 4,000 square meters, more or less. The researchers chose this location

because it is near a subdivision and people are most likely to have pets who would be

treated as a member of the family and these target customers have enough financial

support to make them spend more money on caring their pets. 7urthermore, the

location is advantageous to the part of the proponents since people are most probably

to go there to spend time together with their pets during their past time.



Fi"ure 1< Site lan

Fi"ure 2< Memorial ar# =terior ,ie+

58

Plant and Office Layout



Fi"ure 3< Front )&e and C$ael ,ie+

Fi"ure 4< )&e nterior ,ie+

59



Fi"ure 5< C$ael nterior ,ie+

Fi"ure 6< et rae!ard> la!"round and ar#in" *ot =terior ,ie+

60



61

Chapter &

)inancial #spect

This chapter encompasses the financial aspect of this feasibility study as it

establishes the assumptions, project costs, and initial working capital requirements that

will all play a crucial role in considering the sources of financing the business,

constructing the beginning and pro+forma financial statements and ultimately,

formulating sensible financial analyses.

Pro'ect Cost

PRO0%CT COST

!ash 5 <;H,JH=.J=

)nventory < =0000repayments ; <H,0==.5=

-rganizational !ost 4 J;,00J.00

)nput *(T H,000.00

roperty lant and quipment = J,=AJ,0B5.00

Total Pro'ect Cost =9???9???!??

Sources of )inancin

ets # als' hp A,000,000 project cost is partly financed with hp H,000,000

cash invested by the partners as stipulated in the (rticles of artnership. The remaining

hp ;,000,000 is financed through a =+year loan payable from /ank of the hilippine



62

)sland, at a B.=I annual interest. The loan is payable in five equal installments starting

<05B.

#ssumptions

(ll amounts are estimates, otherwise, amounts are assumed to be factual.

Cash

( minimum cash balance on hand of hp 50,000 will be composed of !ashier

float hp <,000, !hange 7und hp =,000, etty !ash 7und of ;,000 Dto be replenished

semi+monthly or as needed8, and !ash in /ank reserved for contingencies. The cash in

bank reserved for contingencies is a 6/ank demand deposit account which yields no

interest.

In(entory

The term inventory pertains to items found in the souvenir shop. The 7irst+)n,

7irst+-ut method is used for accounting inventory. 7or this projection, ten percent of

items are assumed to be on hand as of year+end.

Payroll

Gabor rates is in accordance with the minimum wage of the labor code of the

hilippines. The minimum wage as of 9anuary <05= for @egros )sland >egion is <=H.=,

for businesses employing less than 50 people.



63

The general managing partner and other capitalist industrialist partners will

receive his salary in line with the profit and loss sharing stipulated in the articles of

partnership (see

Appendix A.)

The rest of the employees e&cept those which are considered third party to the

entity will receive the minimum wage of the labor code of the hilippines. The minimum

wage as of 9anuary <05= for @egros )sland >egion is <=H.=0 for businesses

employing less than 50 people. 6alaries are subject to deductions due to absences and

tardiness. @o absences and tardiness are assumed to occur.

3ithholding ta&es are applied to the gross pay. mployees are paid every 5=th

and last day of the month.

1oliday pays are based on 5< legal holidays. The business will operate on @ew

Mear, The ay of *alor, !hristmas, $aundy Thursday, :ood 7riday, and /lack 6aturday,

Gabor ay, (ll 6aint's ay, (ll 6oul's ay, dil 7itr. $aundy Thursday and :ood 7riday

is assumed to fall on (pril and dil 7itr on (ugust. (ll legal and special holidays are

assumed to fall on a working day.

mployees shall receive a 5;th month pay, which is 5C5< of the total basic salary

earned for the year. mployees incurred no absences for the entire five years.



64

Property Plant and %uipment

The depreciation for the plant, property, and equipment is on a straight line basis

with no salvage value. resented below is the estimated useful life of each depreciable

asset.



65

Depreciation Schedule %st! Useful Life

Buildin ;0

Office %uipment

Telephone with 3ireless >outer J

mergency Gight J

3ater ispenser JTower 7an J

esktop !omputer wC!E J

!!T* 6et J

!offee $achine J

;+in+5 rinter wC !ontinuous )nk J

7iling !abinet J

/undy !lock =

3all clock =

6moke etector J

7ire &tinguisher J6harp ;<N Television J

!ash >egister J

(ircon J

"emorial Par/ %uipment

/enches 50

layground 6et 50

1illtop Tents 50

Burial and Cremation %uipment

et )ncinerator <0

Gowering evice 50

6od Gifter 50)urniture and )i@ture

-ffice !hairs J

-ffice Table with rawers J

!ouch 6et J

*ase J

6teel 7iling !abinet J

6mall /ookshelf J

!ash /o& J

?ey /o& J

Cleanin ToolsEtility rack ;

6pin $op ;

/rooms ;

ust pan ;

ust >emover ;

3aste /ins ;

-utdoor Trash /ins with 3heels ;



66

Prepaid %@penses

repayments are e&pected to decrease by <0I per year.

Supplies

6upplies are divided into office, janitorial and funeral. A0I are assumed to be

used annually and the 50I remaining will carry over as inventory beginning of the

subsequent year.

)inancin #cti(ity

)nterest e&pense is B.=I of the outstanding loan balance. )nterest on the

outstanding loan and the portion of the loan due is paid annually. The loan is payable in

five equal annual installments.

Income

>evenue is the income provided by the package burial and cremation services

and fees, sales from grave markers, and park and playground admission fees. -ther

income is from the sale of souvenir shop items, fod stall rentals, and maintenance

services.

!asket burial and cremation services, food stall rentals, and maintenance

services are charged with B=I gross profit based on selling price, while 500I markup

is allotted for grave markers and souvenir items.



67

Ser(ices : Items "ar/up

!asket /urial B=I profit on selling price

!remation B=I profit on selling price

:rave $arkers 500I markup

6ouvenir )tems 500I markup

7ood 6tall >entals B=I profit on selling price$aintenance 6ervices B=I profit on selling price

ark and layground (dmission 7ees @C(

%@penses

)f the nature of the e&pense is attributable to both selling and administrative.

666, ag+)/):, hilhealth, and withholding ta& payable is paid at year end.

$iscellaneous e&pense amounts to 50,000 pesos annually.

O*nerEs %uity

The partners are allowed a ma&imum withdrawal of =,000 pesos per month or

H0,000 pesos annually. )t is assumed that the partners are drawing the ma&imum

amount in the ne&t five years.

In(estment #nalysis

3(!! is computed using the cost of equity which is 50I and after ta& cost of

debt of =.<=I.

Rates

The ;.AHI, which is the average inflation rate from <050+<054 outside @ational

!apital >egion, is assumed to be the growth rate of particular e&penses and to sales



68

accordingly. Ta& rate of ;0I is used by ets # als. This is based on the hilippines

!orporate Ta& >ate, 6eptember 5=, <05=. >evenues, !ost of 6ervices and inventory

are e&clusive of 5<I *(T. @o other items are applied with *(T e&cept revenues, cost of

services and inventories.

Particulars $ro*th Rate

6ales ;.AHI

!ost of 6ervice ;.AHI

&penses (except salaries) ;.AHI

Ta& ;0I

*(T (exclusive) 5<I



69

P%TS . P#LS

Statement of Comprehensi(e Income

)or a )i(eF;ear Period

)i(e ;ear Pro'ection

Note 1?,8 1?, 1?,= 1?1? 1?1,

6ervice>evenue 5

=,<AA,0<=.<<

=,=H;,ABH.4J

=,J4<,5B=.;5

H,5;4,<J4.0B

H,440,AAJ.<B

!ost of 6ales <5,;A<,<B

<.;H5,4H5,JJ=

.AJ5,=;4,AJ

0.<J5,H55,B<A

.<A5,HA<,;5=

.BH

:ross )ncome;,A0H,B=

<.JH4,50<,0A0

.=04,;0B,5A

=.0;4,=<<,==4

.BJ4,B4J,HJ<

.=<-ther )ncomeD@et8 ;

5,0=5,A<0.00

5,504,=5H.00

5,5=A,B45.J0

5,<5B,B<J.JA

5,<BJ,H5=.;;

Total )ncome4,A=J,HB

<.JH=,<0H,H0H

.=0=,4HH,A;

H.J;=,B40,<J;

.HBH,0<B,<AB

.J=-perating&penses

6elling 45,0=A,AB

B.J45,0HJ,JJ4

.;B5,0BJ,54

;.H55,0JB,BHA

.=55,0AB,BBH

.=A

(dministrative ==5A,5H4.

H=440,BJB.B

J44=,H0<.

;54=0,H0B.=

04==,J50.J

B

/)T(;,;BA,=;

0.;B;,HAH,A;4

.;=;,A4;,5A

0.A54,<05,A0H

.HB4,4B;,B50

.40epreciat

ion H5JB,A4H.

AH5JB,A4H.A

H5JB,A4H.

AH5JB,A4H.A

H5JB,A4H.A

H

/)T;,5A5,=J

;.4<;,=0J,AJB

.;A;,B==,<4

;.A=4,05;,A=A

.B54,<J=,BH;

.447inancing!ost

<<=,000.00

5J0,000.00

5;=,000.00 A0,000.00 4=,000.00

/T<,AHH,=J

;.4<;,;<J,AJB

.;A;,H<0,<4

;.A=;,A<;,A=A

.B54,<40,BH;

.44

Ta&JJA,AB=.

0<AAJ,HAH.<

<5,0JH,0B

;.5A5,5BB,5JB

.A55,<B<,<<A

.0;

Net Income19?8797?

!4=1944?91=,

!,8196459,8

?!8819857988,

!?19=79645

!5,



70

P%TS . P#LS

PRO0%CT%D ST#T%"%NT O) )IN#NCI#L POSITION

)or a )i(eFyear Period

Note

PreFoperatin

1?,8 1?, 1?,= 1?1? 1?1,

#SS%TS

Current #ssets

!ash B<;H,JH=.J

=<,H;0,H5

=.<=4,;H5,=4

=.40H,<B4,5H

A.;5J,40<,4=

H.J=50,B==,J

A5.;0

)nventories J =0,000.00 =,000.00 =,5AJ.00 =,40;.J4 =,H5B.J; =,J40.;0

repayments A <H,0==.5=<0,J44.5

<5H,HB=.;

05;,;40.<

450,HB<.5

AJ,=;B.B=

Total Current #ssets<,H=H,4=

A.;B4,;J;,45

J.B0H,<A<,A5

;.;AJ,45J,B4

H.JB50,BB0,<

HA.;H

NonFcurrent #ssets

roperty, lant andquipment

J,=AJ,0B5.00

J,450,5<4.04

J,<<<,5BB.0J

J,0;4,<;0.5;

B,J4H,<J;.5B

B,H=J,;;H.<5

Total NonFcurrent#ssets

J,=AJ,0B5.00

J,450,5<4.04

J,<<<,5BB.0J

J,0;4,<;0.5;

B,J4H,<J;.5B

B,H=J,;;H.<5

TOT#L #SS%TS=9???9???!

??,,9?7796

4!51,197?696

=6!8,594189,

54!61,791769?

4?!?5,95197

?6!67

LI#BILITI%S #NDP#RTN%RSG %HUIT;

Current Liabilities

)ncome Ta& ayableJJA,AB=.

0<AAJ,HAH.

<<5,0JH,0B

;.5A5,5BB,5J

B.A55,<B<,<<

A.0;

!urrent ortion of GoanH00,000.

00H00,000.

00H00,000.

00H00,000.

00

Total Current Liabilities 5,4JA,AB=.0<

5,=AJ,HAH.<<

5,HJH,0B;.5A

5,BBB,5JB.A5

5,<B<,<<A.0;

NonFcurrent Liabilities

Goan ayable;,000,000.

005,J00,00

0.005,<00,00

0.00H00,000.

00

Total Liabilities;,000,000.

00;,<JA,AB

=.0<<,BAJ,HA

H.<<<,<JH,0B

;.5A5,BBB,5J

B.A55,<B<,<<

A.0;

PartnersG %uity

(murao, !apital5,<00,000.

005,B<5,4=

0.;=<,;5;,A;

5.JJ<,AH;,4A

A.HA;,HB<,=A

=.J04,44;,BJ

=.4;

/raza, !apital5,<00,000.

005,=5;,BJ

A.=55,JB;,<4

5.A<<,<HA,;A

<.HH<,B0;,J5

5.=J;,5BJ,54

B.BJ

9alando+on, !apital 5,<00,000.00 5,=5;,BJA.=5 5,JB;,<45.A< <,<HA,;A<.HH <,B0;,J55.=J ;,5BJ,54B.BJ

9ocsing, !apital5,<00,000.

005,=5;,BJ

A.=55,JB;,<4

5.A<<,<HA,;A

<.HH<,B0;,J5

5.=J;,5BJ,54

B.BJ

6olatorio, !apital5,<00,000.

005,=5;,BJ

A.=55,JB;,<4

5.A<<,<HA,;A

<.HH<,B0;,J5

5.=J;,5BJ,54

B.BJ

Total PartnersG CapitalH,000,000.

00B,BBH,H0

J.;AA,J0H,JA

A.=H5<,045,0

B0.;;54,4JB,J

4<.5;5B,5=H,;

BH.=;

TOT#L LI#BILITI%S #ND P#RTN%RSG%HUIT; =9???9???!??

,,9?77964!51

,197?696=6!8

,594189,54!61

,791769?4?!?5

,95197?6!67



71

P%TS . P#LS

PRO0%CT%D C#SA )LO> ST#T%"%NT

)or a )i(eFyear Period

PreF

Operatin 1?,8 1?, 1?Cash flo*s from Operatin #cti(ities

@et )ncome <,0BH,H0J.;A <,;;0,<A5.5B <,=;4

epreciation and (mortization 5JB,A4H.AH 5JB,A4H.AH 5JB

ecrease D)ncrease8 in )nventory D=0,000.008 4=,000.00 D5AJ.008

ecrease D)ncrease8 in repayments D<H,0==.5=8 =,<55.0; 4,5HJ.J< ;

ecrease D)ncrease8 in-rganizational !ost

DJ;,00J.008 J;,00J.00 +

)ncrease Decrease8 in (ccruals JJA,AB=.0< 50J,B<5.5A JB

ecrease D)ncrease8 in )nput *(T DH,000.008 H,000.00

Net Cash Used in Operatin #cti(ities D5H=,0H;.5=8 ;,<A;,B4A.40 <,H;0,A;0.5= <,J5<

Cash flo*s from In(estin #cti(itiesecrease D)ncrease8 in urchase of

roperty, lant and quipmentDJ,=AJ,0B5.008

Net Cash Used in In(estin #cti(ities DJ,=AJ,0B5.008 + +

Cash flo*s from )inancin #cti(ities

)ncrease Decrease8 in Goan ayable ;,000,000.00 DH00,000.008 DH00,000.008 DH00

artnersK )nvestment H,000,000.00

artnersK 3ithdrawals D;00,000.008 D;00,000.008 D;00

Net Cash Used in )inancin #cti(ities A,000,000.00 DA00,000.008 DA00,000.008 DA00

Summary-

@et change in cash <,;A;,B4A.40 5,B;0,A;0.5= 5,A5<

!ash and !ash quivalents, beginning <;H,JH=.J= <;H,JH=.J= <,H;0,H5=.<= 4,;H5

Cash9 %nd 147976!6 1974?97,6!16 5947,9656!5? 79185

P%TS . P#LS

PRO0%CT%D CA#N$%S IN P#RTN%RSG C#PIT#L

)or the ;ear %nded 1?,8



72

P#RTN%RS

#murao Bra+a 0alandoFon 0ocsin Solatorio

pital 5,<00,000.00 5,<00,000.00 5,<00,000.00 5,<00,000.00 5,<00,000.00

ncome

50 I of @et )ncome8 <0B,HH0.J4

e Dqual 6haring of @et+ 6alary + /onus8

;B;,BJA.=5 ;B;,BJA.=5 ;B;,BJA.=5 ;B;,BJA.=5 ;B;,BJA.=5

n @et )ncome =J5,4=0.;= ;B;,BJA.=5 ;B;,BJA.=5 ;B;,BJA.=5 ;B;,BJA.=5

H0,000.00 H0,000.00 H0,000.00 H0,000.00 H0,000.00

,981,956?!46 ,96,498=!6, ,96,498=!6, ,96,498=!6, ,96,498=!6,



73

P%TS . P#LS


)or the ;ear %nded 1?,

P#RTN%RS

#murao Bra+a 0alandoFon 0ocsin

/eginning !apital 5,B<5,4=

0.;=5,=5;,B

JA.=55,=5;,B

JA.=55,=5;

JA.=

6hare in @et )ncome6alary D50 I of @et)ncome8

<;;,0<A.5<

/alance Dqual 6haringof @et )ncome + 6alary F/onus8

45A,4=<.45

45A,4=<.45

45A,4=<.45

45A=<.4

Total 6hare in @et )ncome H=<,4J

5.=;45A,4=<.45

45A,4=<.45

45A=<.4

3ithdrawal H0,00

0.00H0,0

00.00H0,0

00.00H0

00.0

nding !apital 194,49=4

,!,98491

5,!=1,98491

5,!=1,984

5,!=



74

P%TS . P#LS


)or the ;ear %nded 1?,=

P#RTN%RS Total

#murao Bra+a0alando

Fon 0ocsinSolatori

o

/eginning !apital

<,;5;,A;5.J

J

5,JB;,<45

.A<

5,JB;,<45

.A<

5,JB;,<45

.A<

5,JB;,<45.A

<=9?79=

=!676hare in @et

)ncome6alary D50I of @et

)ncome8

<=;,45B.0

J16495,8!

?/alance

Dqual6haring of

@et )ncome+ 6alary +

/onus8

4=H,5=0.B

44=H,5=0

.B44=H,5=0

.B44=H,5=0

.B4

4=H,5=0.B

4

Total 6hare in

@et )ncome

B

0A,=HB.J5 4=H,5=0.B4 4=H,5=0.B4 4=H,5=0.B4

4

=H,5=0.B4

3ithdrawal

H0,000.0

0H0,000.

00H0,000.

00H0,000.

00H0,000.0

04??9???!

??

nding !apital

19=7495==!7

=

1917=94=1

!77

1917=94=1

!77

1917=94=1

!77

1917=94=1!7

7

,19?5,9?8

?!44



75

P%TS . P#LS


)or the ;ear %nded 1?1?

P#RTN%RS Total

#murao Bra+a

0alandoFon

0ocsin

Solator io

/eginning !apital

<,AH;,4AA

.HA

<,<HA,;A<

.HH

<,<HA,;A<

.HH

<,<HA,;A<

.HH

<,<HA,;A<

.HH

,19?5,9?8

?!44

6hare in @et )ncome

6alary D50 Iof @et )ncome8

<B4,HBB

.5J1859788!

,/alance

Dqual 6haring of @et)ncome + 6alary +/onus8

4A4,45J

.A<4A4,45J

.A<4A4,45J

.A<4A4,45J

.A<4A4,45J

.A<

Total 6hare in @et)ncome

BHA,0AH

.504A4,45J

.A<4A4,45J

.A<4A4,45J

.A<4A4,45J

.A<

3ithdrawal

H0,000.00

H0,000.00

H0,000.00

H0,000.00

H0,000.00

4??9???!??

nding !apital

4978196=6

!?

198?49,,

!6

198?49,,!

6

198?49,,

!6

198?49,,

!6

,595895

1!,4



76

P%TS . P#LS


)or the ;ear %nded 1?1,

P#RTN%RS Total

#murao Bra+a

0alandoFon

0ocsin

Solator io

/eginning !apital

;,HB<,=A=

.J0

<,B0;,J55

.=J

<,B0;,J55

.=J

<,B0;,J55

.=J

<,B0;,J55

.=J

,595895

1!,4

6hare in @et )ncome

6alary D50 I of @et

)ncome8

<AH,J=;

.441=7964!

55/alance Dqual

6haring of @et )ncome +

6alary F/onus8

=;4,;;H

.5A=;4,;;H

.5A=;4,;;H

.5A=;4,;;H

.5A=;4,;;H

.5A

Total 6hare in @et)ncome

J;5,5JA

.H;=;4,;;H

.5A=;4,;;H

.5A=;4,;;H

.5A=;4,;;H

.5A

3ithdrawal

H0,000.

00H0,000.

00H0,000.

00H0,000.

00H0,000.

004??9???!

??

nding !apital

59554986

!54

49,89,58

!8

49,89,58

!8

49,89,58

!8

49,89,58

!8

,89,67948

7!64



77

Note 5-

Sellin%@penses 1?,8 1?, 1?,= 1?1? 1?1,

6alaries&pense

J;=,0H=.;= J;=,0H=.;= J;=,0H=.;= J;=,0H=.;= J;=,0H=.;=

7uneral 6upplies &pense

;,H00.00 ;,B4<.=H ;,JA0.BB 4,044.J4 4,<0=.0<

Telephone 5<,H00.00 5;,0AJ.AH 5;,H5B.HJ 54,5=H.A4 54,B5B.==

3ater <A,400.00 ;0,=H4.<4 ;5,BB4.=J ;;,0;<.JH ;4,;40.AH

lectricity HB,<00.00 HA,JH5.5< B<,H<B.H< B=,=0;.HB BJ,4A;.H<

)nsurance&pense

;,5=0.00 ;,<B4.B4 ;,404.4< ;,=;A.<; ;,HBA.;A

>epairs and $aintenance

J4,000.00 JB,;<H.40 A0,BJ4.=; A4,;BA.=A AJ,55B.0<

9anitorial6upplies

5<,;H<.4A 5<,J=<.04 5;,;H0.AA 5;,JA0.0J 54,440.5;

)nternet 5<,H00.00 5;,0AJ.AH 5;,H5B.HJ 54,5=H.A4 54,B5B.==

Total ,9?6=9=88!5

,9?795!48

,9?89,54!7,

,9?8987=!6, ,9?=89887!6=

Note 4- Other Income 2net3 1?,8 1?, 1?,= 1?1? 1?1,

6ouvenir )tems A0,000.00 A4,=00.00 AA,<<=.00 504,5JH.<= 50A,;A=.=H!ost of 6ouvenir )tems 4=,000.00 4B,<=0.00 4A,H5<.=0 =<,0A;.5; =4,HAB.BJ

7ood 6tall >entals ;00,000.00 ;5=,000.00 ;;0,B=0.00 ;4B,<JB.=0 ;H4,H=5.JJ

!ost of 7ood 6tall >entals B=,000.00 BJ,B=0.00 J<,HJB.=0 JH,J<5.JJ A5,5H<.AB

$aintenance 6ervice 5,04<,=H0.00 5,0A4,HJJ.00 5,54A,4<<.40 5,<0H,JA;.=< 5,<HB,<;J.<0

!ost of $aintenance 6ervice <H0,H40.00 <B;,HB<.00 <JB,;==.H0 ;05,B<;.;J ;5H,J0A.==

Total ,9?6,9=1?!?? ,9,?596,7!?? ,9,6=985,!? ,91,8981!= ,91897,6!44

Note,-Ser (iceRe(enue

1?,8

1?,

1?,=

1?1?

1?1,

!askets

;,

4J=,;;H.00

;,

H=A,H0<.J0

;,

J4<,=J<.A4

4,

0;4,B5<.0A

4,

<;H,44B.HA

!remation

B4<,

=00.00

BBA,

H<=.00

J5J,

H0H.<=

J=A,

=;H.=H

A0<,

=5;.;A

:rave$ar

kers

HB0,H<H.

B<

B04,5=J.

0H

B;A,;H=.

AH

BBH,;;4.

<H

J5=,5=0.

AB



78

Note 6- #dministrati(e %@penses 1?,8 1?, 1?,= 1?1? 1?1,

-ffice 6upplies &pense <;,44A.H4 <4,;BJ.<4 <=,;4;.H< <H,;4B.<; <B,;A0.=J

-rganizational !ost J;,00J.00 F F F F

-utsourcing !ost ;0J,5<J.J0 ;0J,5<J.J0 ;0J,5<J.J0 ;0J,5<J.J0 ;0J,5<J.J0

Telephone =,400.00 =,H5;.J4 =,J;H.5= H,0HB.<H H,;0B.=<

3ater 5<,H00.00 5;,0AJ.AH 5;,H5B.HJ 54,5=H.A4 54,B5B.==

lectricity <J,J00.00 <A,A40.4J ;5,5<H.5< ;<,;=J.B< ;;,H40.5<)nsurance &pense 5,0J0.00 5,0J0.00 5,0J0.00 5,0J0.00 5,0J0.00

>epairs and $aintenance ;H,000.00 ;B,4<=.H0 ;J,A0B.H= 40,44J.40 4<,0=0.5=

9anitorial 6upplies &pense =,<AJ.<5 =,=0J.0< =,B<H.54 =,A=<.JA H,5JJ.H;

)nternet =,400.00 =,H5;.J4 =,J;H.5= H,0HB.<H H,;0B.=<

$iscellaneous &pense 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00

Total 6,=9,75!76 55?988!8 55697?1!4, 56?97?8!6? 5669,?!8



79

Note 7-Depreciation

%st! UsefulLife Cost 1?,8 1?, 1?,= 1?1? 1?1,

Buildin ;0<,H00,000.0

0JH,HHH.HB JH,HHH.HB JH,HHH.HB JH,HHH.HB JH,HHH.HB

Office %uipment

Telephone with3ireless >outer

J <,A00.00 ;H<.=0 ;H<.=0 ;H<.=0 ;H<.=0 ;H<.=0

mergency Gight J ;,000.00 ;B=.00 ;B=.00 ;B=.00 ;B=.00 ;B=.00

3ater ispenser J <,000.00 <=0.00 <=0.00 <=0.00 <=0.00 <=0.00

Tower 7an J H,;AH.00 BAA.=0 BAA.=0 BAA.=0 BAA.=0 BAA.=0esktop!omputerwC!E

J 45,J00.00 =,<<=.00 =,<<=.00 =,<<=.00 =,<<=.00 =,<<=.00

!!T* 6et J J,AAA.00 5,5<4.JJ 5,5<4.JJ 5,5<4.JJ 5,5<4.JJ 5,5<4.JJ

!offee $achine J 5,000.00 5<=.00 5<=.00 5<=.00 5<=.00 5<=.00

;+in+5 rinter wC!ontinuous )nk

J 5;,AJ0.00 5,B4B.=0 5,B4B.=0 5,B4B.=0 5,B4B.=0 5,B4B.=0

7iling !abinet J J,H00.00 5,0B=.00 5,0B=.00 5,0B=.00 5,0B=.00 5,0B=.00

/undy !lock = H,=00.00 5,;00.00 5,;00.00 5,;00.00 5,;00.00 5,;00.00

3all clock = 5J0.00 ;H.00 ;H.00 ;H.00 ;H.00 ;H.00

6moke etector J 5,B;J.00 <5B.<= <5B.<= <5B.<= <5B.<= <5B.<=

7ire &tinguisher J ;,000.00 ;B=.00 ;B=.00 ;B=.00 ;B=.00 ;B=.00

6harp ;<NTelevision J 50,000.00 5,<=0.00 5,<=0.00 5,<=0.00 5,<=0.00 5,<=0.00

!ash >egister J 5=,000.00 5,JB=.00 5,JB=.00 5,JB=.00 5,JB=.00 5,JB=.00

(ircon J 540,000.00 5B,=00.00 5B,=00.00 5B,=00.00 5B,=00.00 5B,=00.00



80

"emorial Par/%uipment

/enches 50 =,000.00 =00.00 =00.00 =00.00 =00.00 =00.00

layground 6et 50 ;0,000.00 ;,000.00 ;,000.00 ;,000.00 ;,000.00 ;,000.00

1illtop Tents 50 =,000.00 =00.00 =00.00 =00.00 =00.00 =00.00

Burial andCremation%uipment

et )ncinerator <0 5,5=0,000.00 =B,=00.00 =B,=00.00 =B,=00.00 =B,=00.00 =B,=00.00Gowering evice 50 4,000.00 400.00 400.00 400.00 400.00 400.00

6od Gifter 50 =,000.00 =00.00 =00.00 =00.00 =00.00 =00.00

)urniture and)i@ture

-ffice !hairs J 4,000.00 =00.00 =00.00 =00.00 =00.00 =00.00

-ffice Table withrawers

J J,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00

!ouch 6et J A,000.00 5,5<=.00 5,5<=.00 5,5<=.00 5,5<=.00 5,5<=.00

*ase J 5,=00.00 5JB.=0 5JB.=0 5JB.=0 5JB.=0 5JB.=0

6teel 7iling!abinet

J =,000.00 H<=.00 H<=.00 H<=.00 H<=.00 H<=.00

6mall /ookshelf J ==0.00 HJ.B= HJ.B= HJ.B= HJ.B= HJ.B=

!ash /o& J =00.00 H<.=0 H<.=0 H<.=0 H<.=0 H<.=0

?ey /o& J H=0.00 J5.<= J5.<= J5.<= J5.<= J5.<=



81

Cleanin Tools

Etility rack ; 5,;=J.00 4=<.HB 4=<.HB 4=<.HB 4=<.HB 4=<.HB

6pin $op ; 5,000.00 ;;;.;; ;;;.;; ;;;.;; ;;;.;; ;;;.;;

/rooms ; 400.00 5;;.;; 5;;.;; 5;;.;; 5;;.;; 5;;.;;

ust pan ; 500.00 ;;.;; ;;.;; ;;.;; ;;.;; ;;.;;

ust >emover ; H0.00 <0.00 <0.00 <0.00 <0.00 <0.00

3aste /ins ; JH0.00 <JH.HB <JH.HB <JH.HB <JH.HB <JH.HB

-utdoor Trash/ins with3heels

; 5,000.00 ;;;.;; ;;;.;; ;;;.;; ;;;.;; ;;;.;;

Total 59?=9?8,!?? ,89=57!=7 ,89=57!=7 ,89=57!=7 ,89=57!=7 ,89=57!=7

Note 8- Cash 1?,8 1?, 1?,= 1?1? 1?1,

!ashier 7loat <,000.00 <,000.00 <,000.00 <,000.00 <,000.00

!hange 7und =,000.00 =,000.00 =,000.00 =,000.00 =,000.00

etty !ash 7und ;,000.00 ;,000.00 ;,000.00 ;,000.00 ;,000.00

!ash in /ank F6/ankD>eservefor !ontingency8

=0,000.00 =0,000.00 =0,000.00 =0,000.00 =0,000.00

!ash in /ank F

/-

<,=B0,H5=.<= 4,;05,=4=.40 H,<54,5HA.;5 J,;4<,4=H.J= 50,HA=,JA5.;0

Total 1974?97,6!16 5947,9656!5? 791859,7=!4, 95?19567!6 ,?98669=,!4?



82

Note - In(entory 1?,8 1?, 1?,= 1?1? 1?1,

esigner $ugs5,000.0

05,0;A.H

05,0J0.B

B5,5<;.=B 5,5HJ.0H

esigner ?ey !hains =00.00 =5A.J0 =40.;J =H5.BJ =J4.0;

3hite T+6hirt5,000.0

05,0;A.H

05,0J0.B

B5,5<;.=B 5,5HJ.0H

/lack T+6hirt5,000.0

05,0;A.H

05,0J0.B

B5,5<;.=B 5,5HJ.0H

Tumbler 5,=00.0

0

5,==A.4

0

5,H<5.5

=5,HJ=.;= 5,B=<.0A

Total 69???!?? 69,=!?? 695?4!5 697,8!4 695?!4?

Note =- Prepayments 1?,8 1?, 1?,= 1?1? 1?1,

/usiness rotect )nsurance 4,44J.00 ;,==J.40 <,J4H.B< <,<BB.;J 5,J<5.A0

-ffice 6upplies B,AH;.J0 H,;B5.04 =,0AH.J; 4,0BB.4B ;,<H5.AB

9anitorial 6upplies =,<;<.;< 4,5J=.JH ;,;4J.HJ <,HBJ.A= <,54;.5H

7uneral 6upplies ;,<00.00 <,=H0.00 <,04J.00 5,H;J.40 5,;50.B<

Total 1?955!,1 ,79786!4? ,4945?!15 ,?9781!,= 9648!86



#sset "anaement Ratios

ay 6ales -utstandingD(verage !ollection eriod8

(ccounts >eceivableCD6alesC;H08

@C( @C( @C( @C( @C(

Pets . Pals

)inancial Ratios

Ratio )ormula 1?,8 1?, 1?,= 1?1? 1?1, Interpretation

Liuidity Ratio

!urrent >atio!urrent (ssetsC!urrent

Giabilities5.BJ <.B4 ;.B; 4.B4 J.4B

)ndicates the e&tent to whichcurrent liabilities are coveredby assets e&pected to beconverted to cash in the neafuture

Ouick D(cid Test8 >atio

D!urrent (ssets+D)nventories P repaid

&penses8C!urrentGiabilities

5.BJ <.B4 ;.B; 4.B; J.4H

$easures the firmKs ability topay off short+term obligationswithout relying on the sale oinventories

Debt Ratio

ebt >atioTotal GiabilitiesCTotal

(ssets;0I <<I 5HI 55I BI

$easures the percentage ofunds provided by creditors

Times+)nterest arned >atio /)TC)nterest !harges 54.5J 5A.4A <B.J< 44.H0 A=.<4

$easures the firmKs ability to

meet its annual interespayments

ebt+to+quity >atioTotal GiabilitiesCTotal

artnersK quity4<I <AI 5AI 5<I BI

eso debt per peso partnersequity



ayables eferral eriod (ccounts ayableCD!ost

of :oods 6oldC;H08@C( @C( @C( @C( @C(

7i&ed (ssets Turnover 6alesC@et 7i&ed (ssets H;I HJI B;I BJI J4I@umber of times fi&ed assetsare converted into sales

Total (ssets Turnover 6alesCTotal (ssets 4JI 44I 45I ;JI ;=I @umber of times total assetsare converted into sales

Profitability and other ratios

:ross rofit $argin :ross rofitC@et 6ales B4I B4I B4I B4I B4I :ross income per peso sales

-perating rofit $argin /)TC@et 6ales H0I H;I H4I H=I HBI-perating income per pesosales

@et rofit $argin @et )ncomeC@et 6ales ;A.5AI 45.JJI 4;.;JI 44.BJI 4H.0AI @et income per peso sales

>eturn on Total (ssets @et )ncomeCTotal (ssets 5J.BHI 5J.4AI 5B.HAI 5H.JAI 5H.55I$easures the rate of return ontotal assets

/asic arning ower /)TCTotal (ssets <J.J4I <B.J4I <H.<5I <4.HJI <;.<HI$easures the ability of thefirmKs assets to generateoperating income

>eturn on !ommon quity @et )ncomeCTotalartnersK quity <H.B0I <;.BHI <5.0=I 5J.AHI 5B.;0I $easure the rate of return onpartnersK equity

quity $ultiplier Total (ssetsCTotalartnersK quity

5.4< 5.<A 5.5A 5.5< 5.0Beso asset per peso partnersequity



"ar/et &alue Ratios

riceCarnings >atiorice per 6hareC

arnings per share@C( @C( @C( @C( @C(

$arketC/ook >atio$arket rice per shareC/ook *alue per share

@C( @C( @C( @C( @C(



86

Liuidity Ratios

Giquidity ratios give the company an idea if debts that are maturing within the

year will be paid off when due. The results of the ratios show that the company' liabilities

can be covered by the assets that are e&pected to be converted in the near future. The

ratios increased significantly because of the increase in cash. The quick ratio is

somehow the same with the current ratio since the company keeps only a small number

of inventories. This means that the company can pay off its debts without relying too

much on inventory.

#sset "anaement Ratios

(sset management ratios give the company an idea of how efficiently the assets

are being managed and used in the operations. The fi&ed asset turnover continues to

increase in five years because of the relatively high sales of the company.

Debt "anaement Ratios

ebt management ratios give the company an idea how the firm has financed its

assets as well as the company's ability to repay its long+term debt. 3e can see that the

debt ratio is low because only a small figure of the total assets are financed with debt.

The Times interest earned ratio measures how the company's ability to meet its annual

interest payment with arnings before interest and ta&es D/)T8. ( low debt ratio means

that more investor financing is used rather than creditor financing.



87

Profitability Ratios

-perating margin is high and this indicates that with low cost, ets # als is able

to generate a greater operating income. The profit margin in the first year of operations

is lower because of the debt obtained by the company which affects interest costs. )t

eventually increased because the company was able to pay its debt in the subsequent

years. >-( indicates how efficiently a company converts the money used to purchase

assets into profits. The company's >-( is somehow low since it uses costly equipment.

/ shows the company's ability to generate operating income. )t shows the earning

power of the company's assets before the inclusion of ta& and debt. 1owever, the

results are somehow unfavorable because it is decreasing.



Net Present &alue

NP&

? , 1 4 5 6

DA,000,000.008

-utflow

)nflow ;,<A;,B4A.40 <,H;0,A;0.5= <,J5<,H<;.A5 ;,0<J,<JB.=4 ;,<=;,4;4.4=

@et !ash 7low DA,000,000.008 ;,<A;,B4A.40 <,H;0,A;0.5= <,J5<,H<;.A5 ;,0<J,<JB.=4 ;,<=;,4;4.4=

* of @et !ash 7low DA,000,000.008 <,AA4,;5B.H4 <,5B4,;<<.44 <,55;,5H=.AJ <,0HJ,;H5.5; <,0<0,5<H.J;

NP& 194

8?91=5!?,

Cash Paybac/ Period

Cash Paybac/Period

? , 1 4 5 6

)nflowD-utflow8 DA,000,000.008 ;,<A;,B4A.40 <,H;0,A;0.5= <,J5<,H<;.A5 ;,0<J,<JB.=4 ;,<=;,4;4.4=

/alance DA,000,000.008 D=,B0H,<=0.H08 D;,0B=,;<0.4=8 D<H<,HAH.=48 <,BH=,=A5.00 H,05A,0<=.4=

CPP 4 years and = months

Internal Rate of Return

IRR

? , 1 4 5 6

DA,000,000.008

-utflow

)nflow ;,<A;,B4A.40 <,H;0,A;0.5= <,J5<,H<;.A5 ;,0<J,<JB.=4 ;,<=;,4;4.4=

@et !ash 7low DA,000,000.008 ;,<A;,B4A.40 <,H;0,A;0.5= <,J5<,H<;.A5 ;,0<J,<JB.=4 ;,<=;,4;4.4=

IRR 1?



89

ets # als has a positive @* of 1948?91=5!?, pesos. This @* causes this

study to be feasible even more.

The cash payback period D!8 is the length of time required for an investment's

cash flows to cover cost. The business' cash payback period is ; years and A months.

This indicates that the business can e&pect funds to become available for future projects

in less than = years.

IRR 1?

The 5BI )>> proves that the business is feasible for the reason that they are

much higher than the cost of capital of 50I. This is an indicator that the return on the

firm's investments is greater than its cost. Therefore, the business or project should be

undertaken.



90

Customers per year 1=? 1=? 1=? 1=? 1=?

Ser(ice Re(enue 4,A=J,HB<.JH =,<0H,H0H.=0 =,4HH,A;H.J; =,B40,<J;.HB H,0<B,<AB.J=

&ariable Costs-

3ater 4<,000.00 4;,HH;.<0 4=,;A<.<H 4B,5JA.J0 4A,0=J.=5

lectricity AH,000.00 AA,J05.H0 50;,B=;.B4 50B,JH<.;A 55<,5;;.B4

6upplies 44,B50.;4 4H,4J0.JB 4J,;<5.=5 =0,<;=.04 =<,<<4.;=

Total *ariable !osts 5J<,B50.;4 5JA,A4=.HB 5AB,4HB.=5 <0=,<JB.<; <5;,45H.H0

!ontribution $argin 4,BB=,AH<.=; =,05H,HH0.J4 =,<HA,4HA.;5 =,=;4,AAH.44 =,J5;,JJ5.<H

)i@ed Costs-

>epairs and$aintenance

5<0,000.00 5<4,B=<.00 5<A,HA<.5J 5;4,J<B.AA 540,5HB.5B

6alaries &pense J;=,0H=.;= J;=,0H=.;= J;=,0H=.;= J;=,0H=.;= J;=,0H=.;=

-utsourcing 6ervices ;0J,5<J.J0 ;0J,5<J.J0 ;0J,5<J.J0 ;0J,5<J.J0 ;0J,5<J.J0

)nsurance &pense 4,<;0.00 4,;=4.B4 4,4J4.4< 4,H5A.<; 4,B=A.;A

Telephone 5J,000.00 5J,B5<.J0 5A,4=;.J; <0,<<4.<0 <5,0<=.0B

)nternet 5J,000.00 5J,B5<.J0 5A,4=;.J; <0,<<4.<0 <5,0<=.0B

$iscellaneous

&pense

50,000.00 50,000.00 50,000.00 50,000.00 50,000.00

-rganizational !ost J;,00J.00 + + + +

epreciation 5JB,A4H.AH 5JB,A4H.AH 5JB,A4H.AH 5JB,A4H.AH 5JB,A4H.AH

Total 7i&ed !osts 5,=J4,;BA.55 5,=0B,HB;.4= 5,=54,<<=.;H 5,=<5,0;H.B; 5,=<J,55B.J<

/)T ;,5A5,=J;.4< ;,=0J,AJB.;A ;,B==,<4;.A= 4,05;,A=A.B5 4,<J=,BH;.44

)nterest &pense <<=,000.00 5J0,000.00 5;=,000.00 A0,000.00 4=,000.00

/T <,AHH,=J;.4< ;,;<J,AJB.;A ;,H<0,<4;.A= ;,A<;,A=A.B5 4,<40,BH;.44

Ta&es )ncurred JJA,AB=.0< AAJ,HAH.<< 5,0JH,0B;.5A 5,5BB,5JB.A5 5,<B<,<<A.0;

Net Profit #fter Ta@ 19?8797?!4= 1944?91=,!,8 196459,8?!88 19857988,!? 19=79645!5,

OperatinBrea/e(en Point

,4= ,41 ,41 ,44 ,44

Brea/e(en Point #nalysis



91

Chapter &I

SOCIOF%CONO"IC #SP%CT

Social Impact

>egarding social impact, pets have long held a liminal space in human cultureQ

less than family, more than animal. The e&act emotional space a pet occupies shifts

constantly, from culture to culture, and from family to family, and is more or less always

in flu&. 6o it's natural that the idea of pet burial be fraught with various complications

what one sees as a personal tribute to a beloved family member another may see as

frivolous and e&cessively sentimental what one sees as a touching memorial may strike

another as an inappropriate disposal of potentially hazardous bio waste. (t the same

time, pet ownership has e&ploded, and along with it an increasing focus on pet burial as

secular pet memorial companies have spread, $ore than just a matter of understanding

our attitude towards pets, though, this particular fascination reflects our attitudes

towards death, religion, and ritual as well. 3hile previous scholars have often ignored

pets, considering them "inauthentic animals,% ets # als !emetery instead recognizes

that it is precisely the liminal status of pets in human culture that makes them such an

important touchstone for understanding how human attitudes shift and evolve.

)n doing these practices is to raise fundamental questions about the nature of a

religious practice and even what it means to be human. )n a society where attitudes

toward death are changing culturally and financially, pet funeral services are perhaps a

way of maintaining ritual without religion, a way of preserving the value of the funeral



92

custom in the absence of its traditional subject Dfor e&ample, an e&tended family

member8. The ritual's importance remains, particularly as it assuages our an&iety over

death, even when there's not necessarily a human to occupy the center of that ritual.

/asically, as a business is introduced to the market, it is customary that the

demand for manpower and labor will increase. Thus, as a social impact of putting upet

$emorial ark, the business will give off employment opportunities among those who

have been qualified with the required skills. )n line with this impact, providing

employment as to this business type will technically decrease the unemployment rate in

the metro. The business, although requires itself to have certificated professionals in the

workplace, have spared job opportunities to the marginalized groups in the conte&t of

academic accreditation, in such a way that some positions do not require a bachelor's

degree. The business will also practice corporate social responsibility among its internal

and e&ternal benefactors. -ne social responsibility that the business will adhere to is

the preservation of the natural resources and combatting pollution which can further

cause environmental deterioration.

%conomic rele(ance

)n the economic relevance, there are indications that people are choosing less

e&pensive ways of saying goodbye to deceased pets. (n increasing number of pet

owners are choosing the lower+cost option of cremation rather than burial. artly, this

reflected the rising trend of human cremations, but it was also because of the tight



93

economy. 3e have people that have plots here now that would just rather cremate just

because they canKt afford burial at the moment. 3hat we are seeing is people are

making different choices in that area, not that they are not taking care of their pet.

(s to the business' economic contribution, ets # als $emorial ark, as an

entity that requires legal recognition and accreditation upon formation through permit

issuance and licensure, needs to comply with lawful conditions like the obligation of

paying ta&. 1ence, as ta&es are collected by the rightful agency, they become

economical funds. (nother economic relevance of the business is its participation in

making the flow of money continuous since a business involves monetary transactions.

Gastly, the e&istence of this type of business can affect the demand and production

conte&t of the supplies of the business, specifically the perishable ones.



94

Chapter &II

CONCLUSIONS:R%CO""%ND#TIONS

Conclusion

The researchers have come up into a conclusion that ets and als had the

potential to set up in the market. The contents of this feasibility study defend this

decision, as to its management aspect, marketing aspect, technical aspect, financial

aspect, and socioeconomic aspect. The results have revealed that the business is

measurable, attainable, time+bound and profitable. Therefore, it can be concluded that

ets and als should be established.

Recommendation

The researchers of this study therefore recommend the future researchers who

would find this relevant in their study and will use this as a reference, to be well+

prepared and to create a time table in order for the researchers not to lose track in the

amount of time given to finish the study. !onsciousness in any given situation must be

also practiced. $ost importantly, collaboration and teamwork among members should

be always present wise and effective segregation of work should be strongly observed

in order for the study to be successful.



95

pets & pals a feasibility study

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