Feasibility Study - Group 2
Feasibility Study - Group 2
APPAREL
GROUP 2
LEADER:
MONTANO, Estela Marie
MEMBERS:
MALAGAYO, Kim
MALINAB, Claire Marie
MORALLOS, Jillian Maxxine
PALOMER, Cristel Mae
QUIRIMIT, Jasmine
CONCEPT
Many people today believe that dressing professionally is necessary to be regarded
seriously. For this reason, it's crucial to have a store that stocks a large selection of various
apparel styles for people of all ages. Here's where we step in. We have the newest clothing
for adults, women, men and teens. These aesthetic fashions will undoubtedly draw a lot of
customers because they not only highlight the origin but also display our national pride.
MISSION
To cultivate those Filipino clothing with a distinctive local design. In actuality, magnify
where they can genuinely take pride for being Filipino in terms of style.
destination designs, and to provide entire customer satisfaction with the quality
- Students and working students, specifically from various schools near SM Manila such as
Universidad De Manila, Santa Isabel College and Adamson University because their ages implies
that they are more into fashion trends, and supporting local brands.
- Individuals from Manila and the nearest provinces such as Cavite who support local brands, and shop
at SM Manila. Particularly before or after they visit a certain tourist attraction within the area.
-18-35 years old men & women, as Gen Z and Millennials already have their own budget and are most
The survey results allow us to understand what are the preferences of target customers that can be
used to make business decisions. These also provide insights, and establish the factors that Kinaiya
Bench was launched in 1987 as a small boutique selling men's T-shirts by Ben Chan. The company
expanded and established HERBENCH, including a ladies' line, underwear, fragrances, and other items.
Penshoppe
Penshoppe sells casual apparel, fragrances, accessories, and other items. It's located in level 3, in front
OXGN is all about being effortlessly stylish and is inspired by youth culture and street fashion. For men,
women, and children, they provide streetwear in the form of apparel, footwear, accessories, and other
goods.
Onesimus
Onesimus is a unique and dynamic lifestyle brand that has been pioneering men's formal and office
wear for almost 25 years. It is one of the leading and most successful fashion brands in the Philippines.
Surplus Shop
The Surplus Shop is situated in front of those three stores (Plains Prints, The Sweet Cloth Apparel
and Accessories, and Onesimus) from the left side of our store. The Surplus Shop is a part of the SM
Group of Affiliates, which specializes in the business of providing fashionable clothing at affordable
prices.
Sample tarpaulin for Advertising & FB page
screenshot
Financial Analysis
Prior up to this point, Kinaiya sources of funding the project from the allotted personal share of each
Kinaiya owner, and having a loan from the bank to finance the business, will aid to support the
expenses needed in trade. Several charges, such as location rental, manufacturing equipment,
products, and other necessities in assisting to develop fine.
Total Project Cost
a.
BIR 500
Total: 5,000
Table 1.4 Business Expense
Type of Expenses Cost
Construction 40,000
Total: 75,000
Table 1.5 Equipment
Items Qty Unit Price Cost
Total: 78,444
Table 1.6 Furniture
Total: 27,497
Capital Investment
Kinaiya Apparel will need ₱345,424 to get the business plan off the ground. Funds for permits,
and business expenses are important factors that Kinaiya Apparel must consider. We will also
need startup assets including furniture and getting the equipment we need. The remainder of
funds will be used to cover the initial inventory, first month salaries, and also cash on hand as
For Kinaiya, a total of six workers will be employed. One manager is responsible for managing the
store, one sales clerk, two store clerks , one handles customer service and lastly, one ensures
inventory. We chose to operate in two shifts, with the morning shift starting at the opening, 10:00
a.m. to 3:30 pm, and the second shift starts from 3:30 am up to closing, 9:00 pm
Position No, of Employees Minimum Rate Daily (8 Hours Monthly (27 Days) Yearly
per day)
(Monthly)
Not just the positive ones, but all the traits or characteristics that make who you are. We chose
this name to emphasize that each of us has a unique kinaiya, and that with this apparel, they may
express who they are and be inspired to love, respect, and value our own.
Logo
The name was colored in black on the logo to represent elegance, power, and boost confidence.
White as a background represents purity, calm, and new beginnings. These two colors show
simplicity, but elegant. The "baybayin," which means "Kinaiya," was added in the middle to
emphasize that we are promoting locals. The four face line art in the logo was intended to let
people know that they are the art of fashion in every style of clothing they wear. Overall, the logo
₱504.90
Round Neck T-shirts
Polo ₱453.90
safety of its employees, customers, and products. Furthermore, necessary cleaning products are
available for use on a daily and as-needed basis to keep the store clean.
NON-PHYSICAL COMPONENTS
Marketing strategies
1) Pre-operational program
To gain recognition upon pre-operation of Kinaiya Apparel, we will include online marketing to
connect with our target market and hype them by posting a teaser of our products. Aside from
that, we consider traditional advertising such as giving flyers to shoppers at SM Manila regarding
the store's opening.
1) Operational program
To attract people, visit Kinaiya, which has its own website to see the products. It also hires an
endorser, so that trade can exist for everyone. If Kinaiya's revenue will run well, launch an
advertisement in a television spot or broadcast the radio commercial to make the trade better
known.
FLOOR PLAN & LAYOUT
Space Allocation
Perspective
Elevation
Floor Plan
OPERATIONAL ANALYSIS
Administrative department
The administration section of the Kinaiya is in charge of overseeing the organization’s overall
operations. All of our organization’s departments must receive administrative and logistical
support from it. The department will act as an advisor and helper to other organizational
departments. The administrative division is in charge of monitoring the work done by the
business’s workers
Organizational Chart
Summary
The feasibility study planned a survey inquiry for the target market to help us learn what the
benefits of target clients are that can be used to make commerce decisions. These still determine
understandings and enact the considerations that Kinaiya Apparel can improve or create
adaptations in preparation for the business and production and services bound for presented.
Also, the results reveal that many people prefer to do business at an establishment the exact
shops alternatively connected to the internet.
It is concluded that the proposed apparel business has a strong demand among the market
segment of the age range of 18 to 35 with a variety of affluent from, middle class, professionals,
students, foreign tourists and expatriates, and Filipino citizens based on the information findings
of the study of this business. With its good location and store design in Sm City Manila, as well as
effective marketing strategies, it will undoubtedly attract the target customers.
Conclusion & Recommendation
The conclusion based on the study we completed, we consequently draw the conclusion that our
business is realistic and viable in the market. It is therefore advised that Kinaiya be pursued and
the business will establish at SM City Manila. Studying this entrepreneurial strategy will serve as
a reference for future business analysis, as well as a basis for determining what could be
improved and modified.
As a recommendation, we think that this business has a promising future in the market because
it provides something fresh and places a premium on user convenience. We did the investigation
while keeping in mind important variables, including the marketing, financial, technological,
management, and socioeconomic study. The company with a different area with a different set
of rivals and target market