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CHAPTER 1 EXCECUTIVE SUMMARY Business Title: JMJ CAMOTELICIOUS Location: Brgy. Awitan, Daet, Camarines Norte Proponents: Jores V. Arciga Jelleyka P. Cabanela Mark Anthony T. Raeses Form of Business Organization: Partnership Total Project Cost: Php 199,868.53 Return of Investment: 61% Financing Sources Partners: Partners Contribution Payback Period: 1year and 4months Project Implementation: January 2014

BUSINESS VISION, MISSION AND GOALS VISION JMJ Camotelicious envisions as a leading producers and distributor in the province as well as in the national market. Also envisions to be known as the leading producer and Distributor of camote products in Daet, CamarinesNorte. MISSION JMJ Camotelicious aims to commercialize camote product with a high quality and nutritional contents that suited to the taste of consumer. This will also provide opportunity to the farmers to create innovation using the root crops product. It also contributes as the source of income to the farmers. GOALS To gain profit. To produce finest camote product at an affordable price. To provide with investment opportunity to the society. To help the government by means of developing local products.

BRIEF BUSINESS DESCRIPTION The name of the business JMJ Camotelicious is derived from the initials of the proponentsJores, Mark and Jelleyka, the word Camote came from the product itself and the word licious came from the word delicious. The business will be managed in a partnership form of organization and the production area will be at Brgy. Awitan, Daet, CamarinesNorte. The proponents will produce Camote Cookies for snacks suited for the kids as well as for the adults. The proposed business will offer the product to the selected school canteens in Daet, CamarinesNorte namely: CamarinesNorte National high School and Vicente L. Basit Memorial High School. This product will deliverto the selected canteens from 7:00am to 9:00am. The production of the camote will be started from 4:00am to 7:00am. 1.1 INTRODUCTION Philippines are known as the riches in the root crops products. Camote is one of the most common root crops that uses in producing delicacies. This condition gives the proponents an idea to discover new products that grasp the taste of consumer. Practically the entire plant can be used for food or feed. The leaves are often used as a salad or as addition to stewed meals with other vegetables. Fish, fresh or dry often completes a meal with camote leaves. While the Camote itself used to produce different kind of dessert and delicacies. The proponent use camote to make delicious and crispy camote cookies it is made from camote itself, which commonly use as a snack and dessert. This kind of products will surely click to the taste of consumer they can buy it at an affordable price with a high quality and nutritional contents.

Camote cookies undergo the process of using equipment such as Oven, Blender and other Utensils to make delectable camote cookies. Handicrafts are the process making object by hand also refers to the products of that process. That is why propose business was made an response to the needs of people since there are few businesses exists producing delicacies product not only in Daet but for the whole people of Bicol Region. We are only identified the supplier of the same products despite of the bigger demand on Camote Cookies. Due to this context, the proponents decided to conduct a Feasibility study entitled JMJ CAMOTELICIOUS.

CHAPTER 2 MARKET STUDY 2.1 DESCRIPTION OF PRODUCT TO BE PROVIDED The proposed business will be known as JMJ CAMOTELICIOUS it will offer delicious, affordable and best quality product for snack and dessert that will suit for the health conscious customer. The proposed project study is a business distributor. This will be operated in the partnership form. As a distributor we will offer our product to the selected school canteens in DaetCamarinesNorte. The product will be CamoteCookies which is from camote and other ingredients such as, dairy cream, sugar, cake flour, baking powder, cocoa, salt and egg. The proposed business offers a unique product and will distribute in school canteens at a marketable price. Based on the research Camote (Sweet Potato) is one of the average calories starch food (provide just 90 cal/100 g vs 70 calories/100 g of potato). The tuber, however, contains no saturated fats or cholesterol; but is rich source of dietary fiber, anti-oxidants, vitamins, and minerals. Sweet potato provides good amount of vital minerals such as iron, calcium, magnesium, manganese, and potassium that are very essential for enzyme, protein, and carbohydrate metabolism.

2.2 DEMAND ANALYSIS The proponents have chosen are the selected schools in DaetCamarinesNorte as their target market. The proponents believed that the product to be offered will patronized for it contains a lot of health benefits. Table 1 ANNUAL POPULATION OF THE RESPONDENT School CNNHS VLBMHS TOTAL 2008 1775 584 2359 2009 1785 632 2417 2010 1766 578 2344 2011 1877 639 2516 2012 1914 661 2575

Source: Department of Education Table 1 shows the total population of CamarinesNorte National High School and Vicente L. Basit Memorial High School starting from the year 2008 to 2012 which are the target market of the proposed business and the data for 2012 using the arithmetic geometric curve method.

Table 1.1 ANNUAL POPULATION OF THE RESPONDENTS Stores 2008 PasalubongCenters 8 Source: MPDO Daet 2009 8 2010 9 2011 9 2012 10

Table 1.1 shows the total population of the PasalubongCenters in DaetCamarinesNorte from the year 2008 to 2012 which will be the target market of the proposed business.The data for the year 2012 come up by using the arithmetic geometric method. Table 2 HISTORICAL DEMAND (School Canteens) Year Population (96%) of Total Population 2,265 2,320 2,250 2,415 2,472 Total Demand

2008 2009 2010 2011 2012

2359 2417 2344 2516 2575

231,030 236,640 229,500 246,330 252,144

Table 2 show the historical demand for camotecookies. It starts from the year 2008 to 2012. Study shows that 96% of the total population purchase camote cookies. To get the, total demand, the total number population was multiplied by 96% and then multiplied by 102 which is the average pieces of camote cookies that was purchased by respondent annually. The population was increase by 2.68% every school year.

Table 2.1 HISTORICAL DEMAND (Store) Year 2008 2009 2010 2011 2012 Store 8 8 9 9 10 80%total of Stores 6 6 7 7 8 Total Demand 30,600 30,600 35,700 35,700 40,800

Table 2 shows the historical demand for cookies. It starts from the year 2008 to 2012. The total demand for cookies was computed by getting the total number of stores in Daet in a given year multiplied by 80% based on the survey 80% are selling cookies and then by 5,100 packs of cookies.

Table 3 PROJECTED DEMAND Year Population (92%) of the population 2013 2014 2015 2016 2017 2,644 2,715 2,788 2,863 2,940 2,432 2,498 2,565 2,634 2,705 279,680 287,270 294,975 302,910 311,075 Total Demand

Table 3 shows the projected demand for cookiesof the proposed business for the year 2012 to 2016. The total population of CamarinesNorte National High School and Vicente L. Basit Memorial High School will be multiplied by 92% because based on the survey 92% of the respondents are willing to patronized our product. Percentage of population will be multiplied by the average demand increased per year (115). This is how to get the total projected demand for annual consumption.

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Table 3 PROJECTED DEMAND (Store) Year 2013 2014 2015 2016 2017 Stores 11 12 13 14 15 80% of the Stores 9 10 10 11 12 Total Demand 68,040 75,600 75,600 83,160 90,720

Table 3 shows projected demand for camote cookies starts form the year 2013 to 2017. The total demand for camote cookies was computed by getting the total numbers of stores in Daet, CamarinesNorte in a given year multiplied by 80% based on the survey 80% are willing to purchased camote cookiesand then 7,560 packs which is the annual demand for camote cookies.

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Table 4 SUPPLY ANALYSIS Competitors Litas Canteen Elenas Canteen Itoys Canteen Tulalians Canteen Total No. of Packs sold in a day 8 5 7 6 26 No. of Packs sold in a month 240 150 270 180 780 Total Supply 2,880 1,800 3,240 2,160 9,360

Table 4 shows the competitors in cookies. It shows that the number of cookies sold per day is 26, and the number of cookies sold per month by the competitors is 780 cookies. Table 5 PROJECTED SUPPLY Year 2013 2014 2015 2016 2017 No. of Packs sold per month 811 843 877 912 948 Total Supply 9,732 10,116 10,524 10,944 13,376

Table 5 shows the projected supply of cookies for the year 2012 to 2016. Based on the gathered data from the competitor, the average annual increase of the product is 4%. The total supply was obtained by multiplying the number of products sold per month by 12 which is the number of months in a year.

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Table 6 DEMAND AND SUPPLY GAP Year 2012 2013 2014 2015 2016 Total Demand
279,680 287,270 294,975 302,910 311,075

Total Supply
9,732 10,116 10,524 10,944 13,376

Gap 268,948 277,154 283,851 291,966 297,699

Market Share ----------------31.82% 32.00% 32.05% 32.37%

Table 6 shows the demand and supply gap of the proposed business. Demand and supply gap was obtained by getting the difference between the total demand (Table 3) and the total supply (Table 5). The market share is computed by dividing the projected capacity of the camote cookies which is assumed to increase annually by 4% (based on the information from the competitor) by the gap which in turn, was multiplied by 100. Table 7 PROJECTED PRODUCT CAPACITY Product Camote cookies Daily 245packs Weekly 1,715packs Monthly 7,350packs Annually 88,200packs

Table 7 shows the partner will produce 245 per pack of cookies in daily production hours and it will be multiplied by 7 to get the weekly projected capacity. Monthly projected product capacity will be multiplied by 12 to get the annual projected product capacity. The annual product capacity will be increase 3% annually.

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MARKETING STRATEGY JMJ Camotelicious, a business aiming for the profit and offered delicious and healthy camote cookies to the public. One way of encouraging the customer is y making advertisement which described the characteristics of the product. As a distributor the salesman should practice the effective sales talk to the customer most important of this, the product should have its good quality and appropriate price. It is the basic factors that the customers consider in buying a certain product. PRODUCT Camote cookies serve as a snack not only for the kids but also for the adults. The producer will assure that the taste, nutrition contents, price and appearance will satisfy to the taste of the customer.Camote cookies have its good texture and appearance because of the sprinkles put on the top of the cookies as its toppings that added to catching the eye of the customer. PRICE STRATEGY Pricing on a certain product should be carefully done. The owner of the business should compute all the expenses use in producing the product before putting the fixed price in order to avoid losses on business. Affordability is one of the factors that can be considered by customers while buying. The customers get more than what they paid for. The competitor price should also be taken into consideration cost has established base on the consume materials. For computing the price, we used cost plus pricing which is the simplest pricing method. We calculated the cost of producing

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the product and add on the percentage profit) to that price to give the selling price. This type of pricing includes the variable cost associated with the goods, as well as the portion of fixed cost of the operating of the business. It is calculated as average variable cost + % allocation of fixed cost)* (1+markup %). Table 8 Price Quality Direct Selling Consignment Unit Cost 4.21 4.21 Mark-up 35% 20% Selling Price P 13 P 11

PLACE DISTRIBUTION JMJ Camotelicious has its target which is the schools canteens in Vicente L. Basit Memorial High School and CamarinesNorte National High School. PROMOTIONAL STRATEGY The product will be promoted through distribution of streamers and Fliers. Written in the flyers are the characteristics of the product; the name and address of manufacturing and the contact numbers of the entity. Also, pictures of the product are printed in the leaflets. These will help in increasing the product awareness of the market. They give alsoa 5% discountto the customer who buys 50 packs of the camote cookies.

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PEOPLE Commonly, this kind of product will mostly demandable for the kids. As a distributor, they should assure the nutrition contents of the product in order to patronize it by the customer. Good service and friendly approach to the customer will develop the harmonious relationships among them.

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CHAPTER 3 TECHNICAL STUDY 3.1 PRODUCT SPECIFICATION The proposed business will be producing quality and affordable camote cookies suited for the snacks. This contains nutrients because of its main ingredients camote and other nutrients from the ingredients. The business will always monitor the quality of the product before delivering it to the customer. 3.2 SOURCES OF RAW MATERIALS The primary sources of raw materials will be in the Daet Public Market. The kitchen wares and other appliances will be purchased from the department stores. Catandunganon farm will be our alternative source of camote in case of unexpected incident. 3.3 PRODUCTION PROCESS The process of making camote cookies will be easy and simple. They should clean and wash all the raw materials and equipment use in doing the product. The process starts by preparation of cookies, grind the camote, followed by putting the flour and next is mixing all the ingredients. Simply put the shaped cookies on a tray and cooked it in the oven for 15 minutes. Then the cookies will ready to serve.

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3.4 PRODUCTION FLOW CHART

Preparation of all the Raw Materials

Peeling of Camote

Grinding of Camote

Mixing

Put on a Tray

Cooked in the Oven for 15 minutes

Finished Product

Figure 1. Production Flow Chart

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Process of Making Camote Cookies

Figure 2 Process of Making Camote Cookies

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3.5 PRODUCTION SCHEDULE The proponents agreed that the production schedule will be every day, starting Monday until Sunday. This production process begins from 4:00 in the morning until 11:00 in the afternoon. TABLE 10 PRODUCTION SCHEDULE Days Monday Tuesday Wednesday Thursday Friday Production process Operation hours Operation hours Operation hours Operation hours Operation hours Time 4:00am-7:00am 4:00am-7:00am 4:00am-7:00am 4:00am-7:00am 4:00am-7:00am

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TABLE 11 SHIFTING SCHEDULE MWF VLBMHS Manager Marketing / Production Officer Finance Officer _____ 7am-12nn 1pm-5pm 7am-12nn ____ 1pm-5pm 7am-12nn 1pm-5:pm CNNHS 1pm-5pm ____ Production Area ____ 4am-12nn VLBMHS 1pm-5pm ____ TTH CNNHS 7am-12nn 1pm-5pm Production Area ____ 4am-12nn

3.6 TECHNICAL SPECIFICATION OF THE BUSINESS JMJ Camotelicious is a Producer and Distributor of Camote Cookies in Daet, CamarinesNorte. The business will distribute the product to the selected school canteens. Table 12 Business Hour Time CNNHS Cart VLBMHS Cart 7:00am-5:00pm 7:00am-5:00pm Day M,T,W,TH,F M,T,W,TH,F

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Table 13 Distribution Schedule Establishment NitoysPili Candies and sari sari store Nene Homemade Pili nuts delicacies Time 7:45am-8:00am 8:00am-8:15am Day M,T,W,TH,F,SAT,SUN M,T,W,TH,F,SAT,SUN

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3.7 TECHNICAL SPECIFICATION OF THE BUSINESS The delivery man as part of his obligation to distribute the product will also in charge in collecting the payment to the customer.

Customer

Preparation of Camote Cookies

Packaging

Delivery

Received Payment
Figure 3. Technical Specification of the Business Chart Shows the flow of operation if the customers have an order of the product

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3.8 TOOLS AND EQUIPMENT The following list on the table is the tools and equipments, furniture and fixtures and Office Supplies that will be use in the operation. TABLE 14 TOOLS AND EQUIPMENT Equipment Oven Beater Ceiling fan Blender Computer set and printer Beach Umbrella Total Qty 1 2 1 1 1 2 Unit Cost P 1,974.00 25.00 1,399.00 399.00 18,000.00 1,279.50 Total Cost P 1,974.00 50.00 1,399.00 399.00 18,000.00 2,559.00 P 24,381.00 Usage Life 6 --5 --8 2 Depreciation P 329.00 --280.00 --2,250.00 639.75 P 3,498.75

Source: DVS Dolor marketing and 101 Department Store

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TABLE 15 OFFICE SUPPLIES Office supplies Calculator Folder Ball pen Record Book Receipt Bond paper Correction fluid Extension wires Bulb Journal Ledger Book of accounts Total Source: Gudluck and Nelson Hardware Quantity 2 10 6 2 5 1 3 2 3 2 2 2 Unit Cost P 120.00 10.00 5.00 75.00 12.00 155.00 18.00 25.00 90.00 27.00 40.00 13.00 Monthly P 240.00 100.00 30.00 150.00 60.00 155.00 54.00 50.00 270.00 54.00 80.00 26.00 P 1,269.00 Annually P 240.00 1,200.00 360.00 1,800.00 720.00 1,860.00 648.00 50.00 270.00 216.00 320.00 312.00 P 7,996.00

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TABLE 16 FURNITURE AND FIXTURES Furniture and Fixture Office Chair Working Table Kitchen Table File Cabinet Plastic Table Total 3 2 1 1 2 P 1,199.00 1,200.00 1,400.00 800.00 599.00 P 3,597.00 2,400.00 1,400.00 800.00 1,198.00 P 9,395.00 8 5 5 --P 450.00 480.00 280.00 ----P 1,210.00 Qty Unit Cost Total Cost Useful Life Depreciation

Source: Novo Department Store and 101 Department Stores TABLE 17 SANITATION MATERIALS Sanitation Materials Trash Can Dust Pan Broom Stick Floor Mop Hand soap Hairnet Towel TOTAL Source: V5 Merchandizing Quantity 1 1 1 1 2 5 3 Unit Pc. Pc. Pc. Pc. Pcs. Pcs. Pcs. Unit Cost P 50.00 65.00 30.00 80.00 16.00 10.00 20.00 P 271.00 Monthly P 50.00 65.00 30.00 80.00 32.00 50.00 60.00 P 367.00 Annually P 600.00 780.00 360.00 960.00 384.00 600.00 720.00 P 4,404.00

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TABLE 18 KITCHEN SUPPLIES Kitchen supplies Measuring cups/spoons Mixing Bowl Tray Kitchen Spoon Total Source: V5 Merchandizing and 101 Department Stores TABLE 19 FACTORY OVERHEAD Supply Scissors Yema wrapper TOTAL Source: DVS Dolor Marketing Qty 2 5 Unit Pcs. Yards Unit cost P 12.00 7.00 Monthly P 24.00 35.00 P 59.00 Annually P 288.00 420.00 P 708.00 3 3 3 Pc Pc Pc 45.00 65.00 12.00 P167.00 135.00 195.00 36.00 P411.00 Qty 1 Unit Set Unit Cost P 45.00 Total Cost P 45.00

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TABLE 20 RAW MATERIALS Items Camote (kg) Flour (kg) Baking Powder (per pack) Salt (kg) Sugar (kg) Egg (pc.) Chocolate Powder(Cocoa) Dairy Cream Total Source: Daet Public Market 5 45.00 225.00 Php3,933.00 2,700.00 Php47,196.00 1/8 5 3 1 2.00 41.00 60.00 48.00 60.00 1,230.00 180.00 48.00 720.00 14,760.00 2,160.00 576.00 Qty 10 15 1 Unit Cost Php20.00 43.00 10.00 Monthly Php600.00 1,290.00 300.00 Annually Php7,200.00 15,480.00 3,600.00

TABLE 21 DELIVERY EQUIPMENT Equipment Motor with Hauler Total Quantity Unit Cost Total Cost Usage Life Depreciation

Php80,000.00

Php80,000.00 Php80,000.00

10

Php8,000.00 Php8,000.00

Source: Motor trade and Rex Metal Craft

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TABLE 22 LICENSE AND PERMIT (Remain constant for the three years of operation) REGISTRATIONS SEC Business registration BFAD BIR Fire Protection Clearance Sanitary Permit Annual Inspection Clearance Barangay Permit Mayors Permit TOTAL 2013 P 2,500 1,800 500 100 190 150 100 500 P 5,840 2014 P 2,500 1,800 500 100 190 150 100 500 P 5,840 2015 P 2,500 1,800 500 100 190 150 100 500 P 5,840

TABLE 23 ADVERTISING EXPENSE Streamers Fliers Total Source: Will Print Php500.00 300.00 Php800.00

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3.9 PRODUCTION QUALITY CONTROL JMJ Camotelicious aims to give satisfaction to the customer by providing the best quality product. The management will assure that the products will deliver with safe, healthy and delicious for the sake of the customer. All the ingredients and materials use in making the product will carefully selected, properly clean and store in a safe place before it serves to the customer. 3.10 WASTE DISPOSAL AND ENVIRONMENT IMPACT Proper segregation of garbage during production process will be implemented in order to maintain the cleanliness and good environment. Biodegradable materials will be properly disposed to be used as fertilizer. Non- Biodegradable materials such as bottles, cans and plastics will be sold to a junk shop and some other garbage will be collected by the garbage collector. 3.11 LAND AND BUILDING FACILITIES The production area will be near from one of the partners house. They put up a small production establishments. TABLE 24 RENT EXPENSE Utilities VLBMHS (Cart A) CNNHS (Cart B) TOTAL Monthly 300 300 P 600 Annually 3,600 3,600 P 7,200

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3.12 UTILITIES In order to have an affective business operation, the following utilities will be considered. TABLE 25 GASOLINE EXPENSE Utilities Unleaded Gasoline Consumption P 57.75/L Monthly Consumption P 1,732.50 Annually P 20,790

TABLE 26 COMMUNICATION EXPENSE Utilities Cell phone E-Load Total Monthly Consumption Php1,500.00 150.00 Php1,500.00 Annually Php1,500.00 1,500.00 Php1,500.00

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TABLE 27 POWER CONSUMPTION Equipment Ceiling Fan Fluorescent Lamp Computer set Total Units 2 1 1 Watts 30 30 550 Hour/Day 9 4 9 Monthly P 270.52 120.26 1,150.70 P 1,541.48 Annually P 3,246.24 1,443.12 13,808.40 P 18,497.76

TABLE 28 WATER CONSUMPTION Utilities Water Unit Cost Cubic Meter Consumption Minimum Consumption Monthly Php146.00 Annually Php1,752.00

3.13 BUSINESS AND FLOOR PLAN The proposed business will be located in Brgy. Awitan, Daet, CamarinesNorte at Cabanelas Residence which is owned by one of the proponents.

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CHAPTER 4 ORGANIZATION AND MANAGEMENT STUDY 4.1 FORM OF ORGANIZATION The proposed business will be operated by the partnership form of organization. It is compose of three persons sharing their money, land and other property that serve as the source of establishing the business. Income derived from the business will be divided among themselves. They also share their knowledge and skills that will be use during the production and operation of the business. 4.2 BUSINESS VISION, MISSION, AND GOALS VISION JMJ Camotelicious envisions as a leading producers and distributor in the province as well as in the national market. Also envisions to be known as the leading producer and Distributor of camote products in DaetCamarinesNorte. MISSION JMJ Camotelicious aims to commercialize camote product with a high quality and nutritional contents that suited to the taste of consumer. This will provide opportunity to the farmers to create innovation using the root crops product. It also contributes as the source of income of the farmers. GOALS To engender reasonable profit. To produce finest camote product at an affordable price.

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To meet the demand satisfaction. To endow with investment opportunity to the society. To help the government by means of developing local products.

4.3 ORGANIZATIONAL CHART Organizational set up defines as the lines of power and obligation in the business. It shows the position and responsibility of a person in charge in a particular task. It compose of the Manager, Production and Finance officer and Marketing Officer.

MANAGER

FINANCE OFFICER

MARKETING/ PRODUCTION OFFICER

HELFER/ STAFF OFFICER

Figure 4. The Organizational Chart

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The member of the business will act in position of the following: Manager: Finance Officer: Marketing/ ProductionOfficer: JORES V. ARCIGA JELLEYKA P. CABANELA MARK ANTHONY T. RAESES

4.4 DUTIES AND RESPONSIBILITIES MANAGER Job Description Plan, direct, coordinate, or budget, usually through subordinate supervisory personnel, activities concerned with the production, facilities and systems. Participate in the conceptual development of the project and oversee its organization, scheduling and implementation. Qualification She/he must be one of the partners. Graduate of four year business course or BS Accountancy. Good communication and interpersonal skills. Assertive and with strong customer service orientation. Willing to work in a challenging and dynamic environment. Responsibilities Responsible for the general operation and performance of the business.

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Responsible for implementation of policies, regulations and programs of the business. Supervises and coordinates areas of the business. Responsible in maintaining harmonious relationship among the employees. Presides in every regular meeting. Responsible for hiring qualified as well as firing employees at a reasonable cause. Responsible for overall planning system and procedures of business. Responsible in decision making process for the good Functions Analyze information and evaluation results to choose the best solution and solve problems. Selects and recommends procedure or development of methods. Inspect work in process to ensure that work conforms to specification and adherence to work schedules. Provide guidance and direction to subordinates, including setting performance standards and monitoring performance. FINANCE OFFICER Job Description Receive and disburse money in establishments other than financial institutions. Usually involves of electronic scanners, cash register, or related equipment.

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Qualification Must be a graduate of any accounting related course. Must be accountable for cash.

Responsibilities Responsible for cash receipts and cash disbursements. Should take responsibility for the keeping receipts. Calculate and document totals of transaction. Issue receipts to the customers. Maintain cleanliness at the checkout areas. Reconcile the sale with the payments received. Arrange to pay the bills for company on time. Allocate the budget for the operation and production of the product Analyse the profit of the business Keep records of the financial reports

Functions Enable effective and smooth money transaction for the customers. Provide outstanding services by quick processing of sales, efficient and accurate cash register works.

Marketing/ PRODUCTION OFFICER Job Description Plan, organize, and control the production in an organization to ensure that gods are produced efficiently, within the allotted budget and time.

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Qualifications Must be one of the partners Graduate of four year business course Good communication and interpersonal skills. Assertive and strong customer service orientation. Willing to work in a challenging and dynamic retail environment. Must have knowledgeable about production.

Responsibilities Ensure the good quality to the products. Maintain the cleanliness and the orderliness of the production plant. Manage the whole process of making the product. In charge in production and innovation of the products. Manage and records the inventory of raw materials. Responsible in maintaining the availability of the suppliers Making of good quality products. Maintaining of the cleanliness of the product.

Functions Review the production and the schedules to ensure that the work is done with the deadlines and the job also includes rescheduling wherever required. Set product quality standards and monitor quality of the output and the materials according to those set standards. Monitor and review the performance of staff and organize necessary training ans assistance for improvement.

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HELFER/ STAFF Job Description The person who work on a production line/marketing line in a manufacturing environment and perform and a variety of duties to ensure production goals are meet for an organization. Qualification Preferably college graduate Must have experience in business production. Responsibilities Responsible in maintain cleanliness of a product and area of the production. Function Make a good quality product. Perform in production line. Require continuously doing redundant tasks. Helps in buying and preparing raw materials in production Manufactured the production and responsible for packaging goods In charge in maintaining cleanliness of the production area and proper sanitation In charge delivering the product

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TABLE 29 SALARIES AND WAGES No. Position No. Of Working Hours 8 Rate per Monthly working Hours 35 Php8,400.00 Annually

Manager

Php100,800.00

Table 29 shows the salaries and wages. To get the monthly income of the employee we multiply by rate per working days by number of working hours and multiply in 30 working days and then by 12 months to get the annual income of the employees. TABLE 30 DIRECT LABOR No. Workers No. Of Working Hours 8 Rate per working Hours 32 Monthly Annually

Marketing/Production Officer

Php7,680.00

Php92,160.00

1 1 Total

Finance Officer Helper/ Staff

8 7

32 30

7,680.00 6,300.00 P 21,660.00

92,160.00 75,600.00 P 259,920.00

Table shows the direct labor of office from the marketing/ Production Officer, Finance Officer and Helper/ Staff. To get the monthly income of the employee we multiply by rate per working days by number of working hours and multiply in 30 working days and then by 12 months to get the annual income of the employees.

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4.5 COMPENSATION SCHEME TABLE 31 Benefits Contribution of office Personnel POSITION Manager SSS PhilHealth 583.00 200.00 EC Pagibig 10.00 168.00 Total 961.00 13th month pay P 8,400.00 Annual Contribution 9,361.00

Table 31 shows insurance premiums paid by the employer as part of the benefits of the employees also it includes the mandatory 13th month pay. Table 32 Benefit of Direct labor
13th month pay 7,680.00 Annual Contribution 8,548.60

POSITION

SSS 530.00

PhilHealth 175.00

EC 10.00

Pagibig 153.60

Total 868.60

Marketing/ Production Officer Finance Officer Helper/ Staff TOTAL

530.00 424.00 1,484.00

175.00 150.00 500.00

10.00 10.00 30.00

153.60 126.00 433.20

868.60 710.00 2,447.2

7,680.00 6,300.00 21,660.00

8,548.60 7,010.00 24,107.20

Table 32 shows insurance premiums paid by the employer as part of the benefits of the employees also it includes the mandatory 13th month pay.

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CHAPTER 5 FINANCIAL STUDY 5.1 Financial Assumption 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. Annual sales for JMJ Camotelicious will have an increase of about 6% yearly. Direct Labor will increase by 6% annually. Kitchen will increase also by 6% annually. Factory overhead increase by 6% yearly. Raw materials will increase 6% yearly. Salaries and wages will increase 2% yearly. Employees benefits will increase 2% yearly. Advertising expense will have an increase 5% yearly. Office supplies will also increase 1% yearly. Water consumption will increase 5% annually Power consumption will increase by 3%. Gas consumption will increase 3% yearly. Sanitation Expense will increase 3% annually. Rent expense will remain constant. Depreciation on tools and equipment, furnitures and fixtures was computed using straight line method.

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RISKL ANALYSIS It is normal for the business encounter risk, but through effective management for the operation to improve on any possible problem and to formulate the right solution to eliminate the risks of the said business. The following are the threat that the owners of the business may encounter. Having few customers that will patronize the business will lead to lesser amount of income. Principles of marketing can be applied by the owner, that techniques and strategies in earning and winning the interest of customers. Pricing of the product and giving high quality service to satisfy the needs and wants of the customers. Existing competitors of the business will influence the flow of the operation which tends to reduce the customers, but competitors are not treats, hence they are the reason why the businesses improve the strategies to avail competitiveness. Improper hiring of personnel and unskilled workers may also result in malfunction of the business, proper screening and orientation about the job is needed to overcome this problem. Partners misunderstanding can be avoided by maintaining harmonious relationship and motivational program.

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Chapter 6 SOCIOECONOMIC STUDY 6.1 CONTRIBUTION TO THE PHILIPPINE ECONOMY Businesses play a vital role in the development of the National Economy. The proposed business is about of creating the local products in which the Philippines is rich. The business provides opportunities to the people who are engage in this business also to the farmer who planting root crops products. Once the proposed project is established it would improve the economic status of CamarinesNorte by means of contributing additional income to the local government, providing job opportunities and developing and promoting root crops products. 6.2 CONTRIBUTION TO THE GOVERNMENT Like every people, the businesses will pay their taxes that are mandated by the law. This tax is use by the government to generate funds that helps to improve the service to the public and finance the government project. The proposed business truly contributes to the development of CamarinesNorteby means of creating innovations of local products which satisfy to the taste of customer. 6.3 CONTRIBUTION TO THE EMPLOYEE The proposed business contributes by providing employment to the people in CamarinesNorte. Salaries and Benefits receive from their work will support the needs of the family. Knowledge acquire from the workplace will be their assets and it will enhance their ability to manage once business.

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6.4 CONTRIBUTION TO THE SOCIETY The proposed business will produce quality and nutritious product suitable to the taste of the customers. JMJ Camoteliciousintroduced safe and healthy foods to the society. This business is not only aiming for the profit but also to offer products that is safe and affordable. 6.5 CONTRIIBUTION TO THE ENVIRONMENT The proposed businesses will the environment by means of the following: Proper waste disposal- The business will provide trash can in order to segregate nonbiodegradable and biodegradable materials. The biodegradable materials will be the business additional income by selling those materials. The proposed business will not using machineries that will cause pollution which will be the complain of the residents in the production area.

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APPENDICIES SCHEDULE 1 Tabulation of Survey TARGET SCHOOL CNNHS VLBMHS TOTAL Percentage of Respondents who sell Camote Cookies TOTAL NUMBER OF RESPONDENTS 257 89 346 92%

SCHEDULE 2 TABULATION FOR DEMAND School CNNHS VLBMHS TOTAL Respondents 257 89 388 YES 240 80 320 NO 17 9 26

SCHEDULE 3 HISTORICAL DEMAND (School Canteens) Year 2008 2009 2010 2011 2012 Population 2359 x 96% 2417 x 96% 2344 x 96% 2516 x 96% 2575 x 96% Total Population 2,265 x 102 2,320 x 102 2,250 x 102 2,415 x 102 2,472 x 102 Total Demand = 231,030 = 236,640 = 229,500 = 246,330 = 252,144

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SCHEDULE 4 HISTORICAL DEMAND (Store) Year 2008 2009 2010 2011 2012 Store 8 x 80% 8 x 80% 9 x 80% 9 x 80% 10 x80% Total of Stores 6 x 5,100 6 x 5,100 7 x 5,100 7 x 5,100 8 x 5,100 Total Demand = 30,600 = 30,600 = 35,700 = 35,700 = 40,800

SCHEDULE 4 PROJECTED DEMAND Year 2013 2014 2015 2016 2017 Population 2,644 x 92% 2,715 x 92% 2,788 x 92% 2,863 x 92% 2,940 x 92% Total Population 2,432 x 115 2,498 x 115 2,565 x 115 2,634 x 115 2,705 x 115 Total Demand = 279,680 = 287,270 = 294,975 = 302,910 = 311,075

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SCHEDULE 5 PROJECTED DEMAND (Store) Year 2013 2014 2015 2016 2017 Stores 11 x 80% 12 x 80% 13 x 80% 14 x 80% 15 x 80% 80% of the Stores 9 x 7,560 10 x 7,560 10 x 7,560 11 x 7,560 12 x 7,560 Total Demand = 68,040 = 75,600 = 75,600 = 83,160 = 90,720

SCHEDULE 6 SUPPLY ANALYSIS Competitors Litas Canteen Elenas Canteen Itoys Canteen Tulalians Canteen Total No. of Packs sold in a day 8 x 30 5 x 30 7 x 30 6 x 30 26 x 30 No. of Packs sold in a month 240 x 12 150 x 12 270 x 12 180 x 12 780 x 12 Total Supply = 2,880 = 1,800 = 3,240 = 2,160 = 9,360

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SCHEDULE 7 PROJECTED SUPPLY YEAR 2013 2014 2015 2016 2017 811 x 1.04 x 12 = 9,732 811 x 1.04 = 877 x 12 = 10,116 877 x 1.04 = 912 x 12 = 10,524 912 x 1.04 = 948 x 12 = 10,944 948 x 1.04 x 12 = 13,376

SCHEDULE 8 DEMAND AND SUPPLY GAP YEAR 2013 2014 2015 2016 2017 279,680 - 9,732 = 268,948

287,270 - 10,116 = 277,154 294,975 - 10,524 = 283,851 302,910 - 10,944 = 291,966 311,075 - 13,376 = 297,699

= 31.82%

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= 32%

= 32.05%

= 32.37%

SCHEDULE 9 TOOLS AND EQUIPMENT Equipment Oven Beater Ceiling fan Blender Computer set and printer Beach Umbrella Total Qty 1 2 1 1 1 2 Unit Cost P 1,974.00 25.00 1,399.00 399.00 18,000.00 1,279.50 Total Cost P 1,974.00 50.00 1,399.00 399.00 18,000.00 2,559.00 P 24,381.00 Usage Life 6 --5 --8 2 Depreciation P 329.00 --280.00 --2,250.00 639.75 P 3,498.75

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SCHEDULE 10 OFFICE SUPPLIES Office supplies Calculator Folder Ball pen Record Book Receipt Bond paper Correction fluid Extension wires Bulb Journal Ledger Book of accounts Total Quantity 2 10 6 2 5 1 3 2 3 2 2 2 Unit Cost P 120.00 10.00 5.00 75.00 12.00 155.00 18.00 25.00 90.00 27.00 40.00 13.00 Monthly P 240.00 100.00 30.00 150.00 60.00 155.00 54.00 50.00 270.00 54.00 80.00 26.00 P 1,269.00 Annually P 240.00 1,200.00 360.00 1,800.00 720.00 1,860.00 648.00 50.00 270.00 216.00 320.00 312.00 P 7,996.00

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SCHEDULE 11 FURNITURE AND FIXTURES Furniture and Fixture Office Chair Working Table Kitchen Table File Cabinet Plastic Table Total 3 2 1 1 2 P 1,199.00 1,200.00 1,400.00 800.00 599.00 P 3,597.00 2,400.00 1,400.00 800.00 1,198.00 P 9,395.00 8 5 5 --P 450.00 480.00 280.00 ----P 1,210.00 Qty Unit Cost Total Cost Useful Life Depreciation

SCHEDULE 12 SANITATION MATERIALS Sanitation Materials Trash Can Dust Pan Broom Stick Floor Mop Hand soap Hairnet Towel TOTAL Quantity 1 1 1 1 2 5 3 Unit Pc. Pc. Pc. Pc. Pcs. Pcs. Pcs. Unit Cost P 50.00 65.00 30.00 80.00 16.00 10.00 20.00 P 271.00 Monthly P 50.00 65.00 30.00 80.00 32.00 50.00 60.00 P 367.00 Annually P 600.00 780.00 360.00 960.00 384.00 600.00 720.00 P 4,404.00

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SCHEDULE 13 KITCHEN SUPPLIES Kitchen supplies Measuring cups/spoons Mixing Bowl Tray Kitchen Spoon Total 3 3 3 Pc Pc Pc 45.00 65.00 12.00 P167.00 135.00 195.00 36.00 P411.00 Qty 1 Unit Set Unit Cost P 45.00 Total Cost P 45.00

SCHEDULE 14 FACTORY OVERHEAD Supply Scissors Yema wrapper TOTAL Qty 2 5 Unit Pcs. Yards Unit cost P 12.00 7.00 Monthly P 24.00 35.00 P 59.00 Annually P 288.00 420.00 P 708.00

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SCHEDULE 15 RAW MATERIALS Items Camote (kg) Flour (kg) Baking Powder (per pack) Salt (kg) Sugar (kg) Egg (pc.) Chocolate Powder(Cocoa) Dairy Cream Total 5 45.00 225.00 Php3,933.00 2,700.00 Php47,196.00 1/8 5 3 1 2.00 41.00 60.00 48.00 60.00 1,230.00 180.00 48.00 720.00 14,760.00 2,160.00 576.00 Qty 10 15 1 Unit Cost Php20.00 43.00 10.00 Monthly Php600.00 1,290.00 300.00 Annually Php7,200.00 15,480.00 3,600.00

SCHEDULE 16 DELIVERY EQUIPMENT Equipment Motor with Hauler Total Quantity Unit Cost Total Cost Usage Life Depreciation

Php80,000.00

Php80,000.00 Php80,000.00

10

Php8,000.00 Php8,000.00

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SCHEDULE 17 LICENSE AND PERMIT (Remain constant for the three years of operation) REGISTRATIONS SEC Business registration BFAD BIR Fire Protection Clearance Sanitary Permit Annual Inspection Clearance Barangay Permit Mayors Permit TOTAL 2013 P 2,500 1,800 500 100 190 150 100 500 P 5,840 2014 P 2,500 1,800 500 100 190 150 100 500 P 5,840 2015 P 2,500 1,800 500 100 190 150 100 500 P 5,840

SCHEDULE 18 ADVERTISING EXPENSE Streamers Fliers Total Php500.00 300.00 Php800.00

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SCHEDULE 19 RENT EXPENSE Utilities VLBMHS (Cart A) CNNHS (Cart B) TOTAL Monthly 300 300 P 600 Annually 3,600 3,600 P 7,200

SCHEDULE 20 GASOLINE EXPENSE Utilities Unleaded Gasoline Consumption P 57.75/L Monthly Consumption P 1,732.50 Annually P 20,790

SCHEDULE 21 COMMUNICATION EXPENSE Utilities Cell phone E-Load Total Monthly Consumption Php1,500.00 150.00 Php1,500.00 Annually Php1,500.00 1,500.00 Php1,500.00

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SCHEDULE 22 POWER CONSUMPTION Equipment Ceiling Fan Fluorescent Lamp Computer set Total Units 2 1 1 Watts 30 30 550 Hour/Day 9 4 9 Monthly P 270.52 120.26 1,150.70 P 1,541.48 Annually P 3,246.24 1,443.12 13,808.40 P 18,497.76

SCHEDULE 23 WATER CONSUMPTION Utilities Water Unit Cost Cubic Meter Consumption Minimum Consumption Monthly Php146.00 Annually Php1,752.00