BUSINESS IMPLEMENTATION PROJECT OF “Kiko e-Palengke”

AT THE MUNICIPALITY OF EL NIDO, PALAWAN

An Undergraduate
Submitted to Palawan State University
El Nido Campus

As partial fulfillment of the requirements

For the Degree of
Bachelor of Science in Entrepreneurship

By:

Kristine M. Alivio

Gretchen J. Tallion
 SIGNATURE PAGE

This certifies that “Business Implementation” entitled “Kiko e-Palengke”

was submitted by Kristine M. Alivio and Gretchen J. Tallion to fulfill a part of
requirements for the degree of Bachelor of Science in Entreprenuership was
successfully defended and approved on ________________.

COMMITTEE SIGNATURE DATE

DEPARTMENT ADVISER : DR. JASMIN G. ABIS

ENGLISH CRITIC : ALDRIN V. GONGOB

PANELS : RICHARD L. ROSAL

MARK ANTHONY R. TORALDO

The Bachelor of Science in Entreprenuership Department endorses

acceptance of this undergraduate Business Plan Project as Partial fulfillment of the
requirements for this Degree of Bachelor of Science in Entreprenuership.

This Undergraduate Business Implementation is hereby officially accepted

as partial fulfillment of the requirements for the degree of BACHELOR OF
SCIENCE IN ENTREPRENUERSHIP.

GLENN D. VALLEJO

PSU EL NIDO CAMPUS DIRECTOR

II
 ACKNOWLEDGEMENT

We would like to express our gratitude to each and every one who supported
us throughout the business plan. We are thankful for the inspiring guidance,
valuable constructive criticism and friendly advices during the project. We are
sincerely grateful to them for sharing their truthful and positive views on issues
related to the project.

First and foremost, to our Business Implementation Instructor and

Supervisor Dr. Jasmin G. Abis, for giving us the valuable guidance and advices.
She inspired and motivated us greatly to work hard in this project. We would also
like to thank her for showing us helpful examples to complete our business plan.

To Palawan State University El Nido Campus, thank you for offering us

the program. It gave us an opportunity to learn and develop our potentials to be the
best Entreprenuers in the future.

To our Parents and loved ones, for their love and support, assistance and
encouragement they extended for our studies.

A special thanks to our Panels, Critic Teacher, for their useful critiques of
this Business Implementation. This project cannot be completed without your ideas
and support.

Lastly and most importantly to our Almighty GOD who blessed us wisdom
and providing us everything we need throughout this journey as the aspiring
Entreprenuers.

Thank you so much.

III
 TABLE OF CONTENTS

TITLE PAGE

SIGNATURE PAGE I

ACKNOWLEDGEMENT II

TABLE OF CONTENTS III

LIST OF EXHIBITS V

BUSINESS LOGO VI

CHAPTER PAGE PAGE

I. INTRODUCTION 1
II. COMPANY DESCRIPTION 2
III. PROJECT IMPLEMENTATION 3-4

Business Mission and Vision 5

Description of the Business 6
Technical aspect 7-9
Analysis of Competition 10
SWOT analysis 11
Marketing aspect 12
Financial aspect 13-14
 I

LIST OF EXHIBITS

EXHIBITS PAGE

i. Project development cost 15

ii. Income statement 16
iii. Cash flow statement 17
iv. Balance sheet 18
v. Return of investment 19

IV. SUMMARY AND CONCLUSION 20

V. BIBLIOGRAPHY 21
VI. VOCABULARY 22
VII. REVIEW OF RELATED LITERATURE 23-24
VIII. PROBLEMS ENCOUNTERED AND SOLUTION MADE 25
IX. RECOMMENDATION 26
X. CURRICULUM VITAE 27-29
XI. APPENDIX A 30-43
XII. APPENDIX B 44-46
V
 VI

I.INTRODUCTION

Nowadays online is a fast growing phenomenon. Growing numbers of

consumers shop online to purchase goods and services, gather product information
or even browse for enjoyment. Online shopping environments are therefore playing
an increasing role in the overall relationship between marketers and their
consumers.

In this new normal situation here in the Philippines, it revealed that 64% of
Filipino people internet users are spending more time on social media, with 23%
indicating an increased activity in their online shopping activity according to
Digital 2020 April Statshot report by Hootsuite. Consumers are relying on online
purchasing. With consumers resorting more to online shopping amid pandemic
restrictions, entreprenuers have embraced the digital phenomenon for online
shopping even more. The pandemic has turned out an opportunity for a recent
noticeable increase in online shopping.

Kiko e-Palengke was created to offer convenience to our community, with

certain goods such as rice, eggs, cooking oil, charcoal and many other in a very
affordable price. Kiko e-Palengke is an innovative type of business because we
rely on people’s needs. It also allows us to support our local farmers while having
fresh produce to consumers’ doorstep.
 1

II. COMPANY DESCRIPTION

Name of the Business

Kiko e-Palengke(Online Retailing)

Contact Information

Globe: 09063765721

Smart: 09980650519

Name of Proponents

Kristine M. Alivio

Gretchen J. Tallion

Type of Business Organization

Partnership

Location of the Business

Villa Libertad, El Nido Palawan

Duration of the Business

August 15, 2020- June 15, 2021

Business Contract

Open contract
 2

III. PROJECT IMPLEMENTATION

I. Management aspect

A. Type of Organization
 Partnership

B. Organizational Chart

Kristine M. Alivio

Manager

Gretchen J. Tallion Kristine M. Alivio

Secretary/Auditor Treasurer/Purchaser
 3

C. Duties and Responsibilities

Manager - In charge of all operation, decision making, checking all papers,

expenses and the duties and responsibilities of each other.

Secretary- A person who takes responsibility for recording all transactions of the
business from day to day operations. Writing/encoding all paper works of the
business.

Treasurer- The one who is responsible for the collection of business capital and
evaluate all the expenses.

Purchaser- A person who assist the leader for buying goods and everything that
needed for the business.

Auditor- A person who audits all financial matters- all expenses of Kiko Retail
Store.
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BUSINESS MISSION AND VISION

MISSION

To provide quality and affordable products and services to the local online
community.

VISION

To be the leading online retail store that promotes reliability and

trustworthiness in the delivery of its products and services.

OBJECTIVES

 To reach customer by promoting a service or product through internet.

 To provide best customer service.
 To be very efficient at selling by providing true details about the products.
 To be understanding in complex consumer behavior.
 To establish the best online retail store in supplying quality of goods.
 To expand and to be one of the best in online selling store in the community.
 To innovate.
 To be very accurate in product delivery.
 5

DESCRIPTION OF THE BUSINESS

Kiko e-Palengke is an online retailing store selling basic commodities. A

small business capital started at Thirty five thousand Pesos (Php35,000.00) selling
rice and Dried fish(Tamban) online.

Kiko e-Palengke is owned and managed by two busy mommies; Kristine M.

Alivio and Gretchen J. Tallion. The business can be found at Villa Libertad, El
Nido Palawan.

The idea of putting up Kiko e-Palengke was made because of this

unexpected crisis. Originally, we are selling Ukay-ukay but due to the impact of
pandemic that shocked the entire world, everyone was affected. Following
protocols such as lockdowns, quarantines, social distancing and sanitary measures
were affecting all of us even potentials shoppers may not be able to physically
purchase what they need. And later on we were forced to shut down as such items
are considered to be non-essential goods.

Kiko e-Palengke is very much open for innovation because we rely on the
needs of people and will continue to find ways on how to satisfy our customers by
upgrading our products and services. This business has a barangay permit and has
been abiding the rules implemented in our Barangay.
 6

TECHNICAL ASPECT

Product description

Kiko e-Palengke sells locally produced products, fresh and safe. it has been
running smoothly for almost a year now. All of our products are displayed online
(facebook: KikoShop and facebook page @kiko e-Palengke).

These are the products that we offer on retail:

Basic Commodities

 Local Rice
 Dried fish
 Kiko’s Special Tinapa
 Kiko Special Sinamak(Sukang tuba, labuyo, garlic and iodized salt)
 Cooking oil
 Eggs
 Fruits

Other Supply

 Face Shields
 Face Masks
 Blower kalan
 Pot holder
 7

Marketing strategy

 Definition of the market

Shopping can be very time-consuming. It will take your time, your energy
and could waste more of your money. We gathered all the ideas of a convenient
way of shopping and we came up to this. Our simple strategy is to know the
people in the community and knowing what they mostly need daily. The purpose
of our online marketing is to reach those busy households who could not do the
shopping for their essentials. Through this, we offer our customers the very
convenient way of delivering our products straight to their homes for free.

 Positioning strategy

The Kiko e-Palengke is located at Villa Libertad, El Nido where most

financially stable community chose to live such as business owners and land
owners. Based on our researches through multimedia marketing, most of the
buyers come from Villa Libertad area.

 Pricing Strategy

Considering the expenses and the earning status of people due to the crisis,
we marked up per product in a reasonable and affordable price. We put 5-10% for
the fast moving product and 15-20% for non-fast moving product.
 8

 Distribution strategy

As we made sure all our products that posted online are availabe, our clients
are given the following options to purchase;

Online via Facebook/Messenger

As products were posted in Facebook Page, clients can place their orders by
sending us a message thru Facebook Messenger. We do free delivery to nearby
places without minimum amount of purchased in our delivery scheduled time.

Mobile Phone (for known-customers)

We are giving out our cellphone number only to regular clients. This is to
protect our business from a bogus buyers. They can place their orders by sending
us text/SMS or by calling us. Clients have two options, they can order in advance
to pick up the products when it’s ready or we deliver it to them.

Kiko e-Palengke is open from Monday to Saturday at 7am to 7pm, daily

delivery schedule at 9am in the morning and 3pm in the afternoon where everyone
could buy directly from us with free delivery service. For pick-up orders, we made
sure that it’s easy for them to locate us.

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ANALYSIS OF COMPETITION

Most of the competitors can be found in the center of the municipality and
selling their products a bit cheaper than us, I considered them as a large scale
competitors. What makes us different and gives us more advantages is the online
marketing/selling. We do our best to meet up the needs of consumers, fast and free
delivery is what we think the reason people chose our service than the rest of the
competitors.

With our friendly and honest approach, our clients supported us by

spreading the good news on how we do our services to them and referred us to all
their contacts. One of the most rewarding part of doing the business.

SWOT ANALYSIS

Strength

 Easy to place order

 Profitable
 Fast service and delivery
 Customer loyalty
 Friendly and reliable management
 Stress tolerance and adaptability
 Goal-oriented and ability to prioritize

Weaknesses

o Limited flexibility in pricing

o Competitor easily adjust/drop their prices.
o Limited in capital
o Mismanagement may lead to bunkrupcy.
o Inefficient services
 10

Opportunities

 Wide product range.

 Develop our services even more better.
 To expand market.
 Online transaction
 Additional target markets
 Opportunity to help local economy in this time of crisis.

Threat

o Lack/Shortage of supply
o Decrease in customer demands
o Direct suppliers interference
o Cancellation of orders(Customer)
o New competitors
o Inventory damage
o Failing to monitor competitors
 11

Marketing aspect

Table 1. Sales of stocks

Product No. of Price per unit Total sales

stocks
Local Aroma 100 kg ₱50.00 ₱5,000.00

Regular 100 kg 40.00 4,000.00 ₱9,000.00

Dried fish (Tamban) 20 kg 90.00 1,800.00

Lupoy 20 kg 70.00 1,400.00 3,200.00

Kiko’s Tinapa 5 skg 250.00 1,250.00

Kiko’s Sinamak 25 bottles 30.00 750.00

Cooking oil 50 bottles 35.00 1,750.00

Eggs 12 trays 220.00 2,640.00

Fruits (2 variety) 20kg 1,200.00 1200.00

Face shield 24 pcs 40.00 960.00

Blower kalan 2 pcs 1000.00 2,000.00

Pot holder 50 pcs 15.00 750.00

TOTAL ₱23,500.00

The table shows the total sales of ₱23,500.00 as an estimated weekly gross sales of Kiko e-
Palengke.
 12

Financial aspect

Table 2. Cost of stocks

Product No. of stocks Price per unit Total amount of Product

Local Aroma 100 kg ₱2,150.00 ₱4,300.00

Regular 100 kg 1650.00 3,300.00 ₱7,600.00

Dried fish (Tamban) 20 kg 70.00 1,400.00

Lupoy 20 kg 50.00 1,000.00 2,400.00

Kiko’s Tinapa 5 kg 220.00 1,100.00

Kiko’s Sinamak 25 bottles 10.00 500.00

Cooking oil 50 bottles 27.00 1,350.00

Eggs 12 trays 180.00 2,160.00

Fruits (2 variety) 20 kg 950.00 950.00

Face shield 24 pcs 20.00 480.00

Face mask 100 pcs 5.00 500.00

Blower kalan 2 pcs 625.00 1,250.00

Pot holder 50 pcs 8.00 400.00

TOTAL ₱18,690.00
The cost of stocks started at ₱18,690.00 as shown in Table 2.
 13

Table 3. Cost of supplies and materials

ITEMS QUANTITY UNIT PRICE TOTAL COST

Logbook 1 pc ₱105.00 ₱105.00

Ballpen 3 pcs 12.00 36.00

Bio-plastic bag 1 bundle 358.00 358.00

Total Cost ₱499.00

The table shows the cost of supplies and materials that was incurred in the
project.

Table 4. Cost of Transportation and other expenses

COST TOTAL COST

Transportation(Including gasoline) ₱4,500.00

Internet expense 1,699.00

Prepaid load 500.00

TOTAL ₱6,699.00

The table shows the monthly transportation expense and other necessary expenses.

Table 5. Cost of Equipment

COST TOTAL COST

Weighing scale manual (10kg) ₱1,000.00

Digital weighing scale (50kg) 3,500.00

TOTAL ₱4,500.00
 14

EXHIBIT 1
PROJECT DEVELOPMENT COST

Kiko e-Palengke in El Nido, Palawan

August 15, 2020- March 31, 2021

WORKING CAPITAL

Stocks ₱18,690.00

Supplies and Materials 499.00

Transportation 4500.00

Internet expense 1,699.00

Prepaid load 500.00

TOTAL WORKING CAPITAL ₱25,888.00

TOTAL PROJECT COST ₱25,888.00

 15

EXHIBIT II

INCOME STATEMENT

Kiko e-Palengke in El Nido, Palawan

August 15, 2020- March 31, 2021

REVENUE:

Sales of Products ₱176,166.00

Gross revenue 176,166.00

OPERATING EXPENSES:

Stocks ₱73,991.00

Equipment 20,500.00

Supplies and materials 998.00

Transportation 20,250.00

Internet expense 13,592.00

Prepaid load 4,000.00

Miscellaneous 611.00

Other expenses 2,250.00 136,192.00

Total operating expenses ₱136,192.00

OPERATING PROFIT ₱39,974.00

NET PROFIT ₱39,974.00

 16

EXHIBIT III

CASH FLOW STATEMENT

Kiko e-Palengke in El Nido, Palawan

August 15, 2020 to March 31, 2021

Month Aug Sept Oct Nov

CASH IN
Cash at the beginning of the month 9,396.00 13,648.00 15,949.00 16,470.00
Cash sales 21,750.00 15,700.00 19,520.00 21,170.00
Payment from credit 2,500.00 250.00 3,580.00
Other cash in
Total cash in 21,750.00 18,200.00 19,770 24,750.00
Purchase of goods 6,050.00 9,200.00 12,550.00 14,000.00
Supplies and materials 499.00
Transportation 2,250.00 4,500.00 4,500.00 4,500.00
Internet expense 1,699.00 1,699.00 1,699.00 1,699.00
Prepaid load 500.00 500.00 500.00 500.00
Other expense
Purchase of equipment 4,500.00
Miscellaneous
Total cash out 17,498.00 15,899.00 19,249.00 20,699.00
Cash at month end 13,648.00 15,949.00 16,470.00 20,521.00

Month Dec Jan Feb Mar

CASH IN
Cash at the beginning of the month 20,521.00 23,632.00 21,083.00 35,759.00
Cash sales 25,500.00 21,400.00 20,520.00 18,650.00
Payment from credit 200.00 2,250.00 3,176.00
Other cash in
Total cash in 25,500.00 21,600.00 22,770.00 21,826.00
Purchase of goods 15,690.00 5,000.00 5,000.00 5,000.00
Supplies and materials
Transportation 4,500.00
Internet expense 1,699.00 1,699.00 1,699.00 1,699.00
Prepaid load 500.00 500.00 500.00 500.00
Other expense 750.00 750.00 750.00
Purchase of equipment 16,000.00
Miscellaneous 200.00 145.00 266.00
Total cash out 22,389.00 24,149.00 8,094.00 8,215.00
Cash at month end 23,632.00 21,083.00 35,769.00 49,370.00

17

EXHIBIT IV

BALANCE SHEET

Kiko e-Palengke in El Nido, Palawan

August 15, 2020- March 31, 2021

Current Assets

Cash ₱39,974.00

Non- current Assets

Property and equipment 136,192.00

Total Assets ₱176,166.00

Liabilities

Current Liabilities ₱136,192.00

Owner’s Equity 39,974.00

Total Liabilities and Capital ₱176,166.00

 18

EXHIBIT V

RETURN ON INVESTMENT

Kiko e-Palengke in El Nido, Palawan

August 15, 2020 to Dec 31, 2020

ROI= Net Profit x 100%

Total Operating Expenses

+= 39,974.00 x 100%

136,192.00

= 29.35%
 19

IV. SUMMARY AND CONCLUSION

The practicum project was conducted through internet which is online

retailing from August 15, 2020 up to present. This project was conducted so as to
apply the knowledge and skills from our course, gain hands on experience in
managing Kiko e-Palengke and gain profit.

Kiko e-Palengke used more than 12 different kinds of product in the project and
sells it in an affordable price with free delivery service. From August 15, 2020 to
December 31,2021 Kiko e-Palengke has obtained a gross sales of ₱93,640.00 with
a total operating expenses of ₱80,008.00. We gained net profit amounting to
₱13,632.00 . Kiko e-Palengke also gained an increase of stocks from ₱18,690.00
to ₱43,764.00. A return on investment of _29.35% was obtained from August 15,
2020- December 31, 2020. This implies that for every peso invested on the project
gained ___________.
 20

V. BIBLIOGRAPHY

Electronic references:

www.entreprenuer.com

www.bdc.ca

www.smallbusiness.chron.com

www.accountingcoach.com

www.corporatefinanceinstitute.com

www.assetfunder.org

www.courses.lumenlearning.com

www.investopedia.com

www.businessenglishresources.com

www.lexico.com

www.qoura.com
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VI. VOCABULARY

Online selling is the act of or process of selling goods, products or services via internet or
mobile app, auction site,online classified advertisement, online shop, social networking, social
media or web shop.

Online retailer an online retailer sells products directly to end users over the internet.

Stocks refers to the products that are physically present and available for sale.

In-stock means that a product is available for sale.

Out of stock means that product is not available for sale.

Sale is an event in which products are sold at a discounted price.

Discount A reduction of price.

Return occurs when a customer brings or send back a product for a refund.

Exchange occurs when a customer changes one product for a different one. This occurs when
product has been purchased.

Refund is the money given back to a customer who is not happy with a product or services.

Payment method refers to how someone pays for a product. Payment methods include cash, thru
Gcash, Palawan pawnshop, Mlwallet, debit card, check and cash on delivery or cash on pick up.

Receipt is a piece of paper from the store that shows the details or customer’s purchase. A
customers receives a receipt after purchasing items from the seller.

Cash money in coins or notes, as distinct from checks, money orders, or credit.
 22

VII. REVIEW OF RELATED LITERATURE

This chapter will help us in familiarizing information that are relevant and
similar to the present study. It includes ideas, generalization and an overview; in
order to develop a thorough understanding and deeper insights into the previous
works that are relevant to the subject.

The emergence of new information and communication technologies,

particularly the internet and social media networks, has changes market dynamics,
threatening the competitive positions of firms and increasing the power of
consumers. The application of the internet in the business world has become a
major trend in practice and generated a hot stream of research in the recent
literature.

The internet and online-based social media have changed consumer

consumption habits by providing consumers with new ways of looking for,
assessing, choosing and buying goods and services. As such, the internet has been
becoming the powerful channel for business marketing and communication and for
new business opportunities- as it is often called e-business or e-commerce today.
This new e-business or e-commerce virtual marketplace allow small companies
competing with business giants by just having a better web presentation of their
products or services. Under the same wave, online customers can enjoy a wider
choice of products or services, more competitive price; and being able to buy their
favorite items/services from the sellers located thousand miles away.
 23

Nowadays the lifestyle of the people is different. People feel uncomfortable

and time consuming for going crowded markets. So E-Shopping is a boon as it
saves a lot of time. Online shopping is a process whereby consumers directly buy
goods, services etc. from a seller without an intermediary service over the internet.
Shoppers can visit web stores from the comfort of their house and shop as by
sitting in front of the computer or mobile phones online stores are usually available
24 hours a day and many consumers have internet access both at work and at
home. So it is very convenient for them to shop online. One of the most enticing
factors about online shopping, particularly during holiday season is, it alleviates
the need to wait in long lines or search from a store for a particular item. Variety of
goods are available in online. So the researchers want to know the preference of
the consumers.

DEFINITION OF CONSUMER PREFERENCE

Refers to “how the customers select goods and services in relation to factors like
taste, preference and individual choices.
 24

VIII. PROBLEMS ENCOUNTERED AND SOLUTION MADE

The most common problem we encountered in online selling are the

Returns, refund and fulfillment. Shoppers wants a positive experience and
adequate return and refund policies. And even if people like the policy, they’ll
return products that are wrong, broken or sometimes just not what they wanted or
expected. This will directly affects to our current and future revenue capabilities.

These are the solutions that helped us solved the problems: First, we have a
policy that is clear and fair. We don’t make people keep broken or damaged
products, we apologizes when we make mistake, we work out to make things right.
We definitely replace a products or provide a refund. Fulfillment comes when you
understand your customer’s need, being honest and empathetic with them, listen to
their feedbacks and set realistic expectations.
 25

IX. RECOMMENDATION

According to research and actual operation of the project, online retail

shopping is becoming the New Normal nowadays. Due to the crisis that we are
facing today, as we all know how covid 19 has been spreading in our community,
customers are hesitant to step out of their homes and go to markets where there
isn’t enough social distancing being followed. It is better not to go in a crowded
places to avoid catching the virus. For the meantime while we are still in this
situation, we recommend that it would be safer if we do shopping online and
enjoy the convenience of shopping at home.
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X. Curriculum Vitae
 27

KRISTINE MAGBANUA ALIVIO

Email address: [email protected]
Address: Brgy. Villa Libertad, El Nido Palawan

. .

Personal Background

Age : 38

Birthday : February 2, 1983

Height : 5’3”

Weight : 133 Lbs

Status : Single

Religion : Christian

Mother’s Name : Arlyn M. Alivio

Father’s Name : Francisco T. Alivio

Educational Background

Primary : Andres Soriano Memorial Elementary School

Roxas, Palawan
Secondary : Roxas National Comprehensive High School
Roxas, Palawan
Tertiary : Palawan State University
 El Nido, Palawan

28
GRETCHEN JARANILLA TALLION
Email address: [email protected]
Address: Brgy. Pasadenia, El Nido Palawan

. .

Personal Background

Age : 25

Birthday : August 18, 1995

Height : 4’9”

Weight : 108 Lbs

Status : Single

Religion : Roman Catholic

Mother’s Name : Annabelle J. Tallion

Father’s Name : Rezalde F. Tallion

Educational Background

Primary : El Nido Central School

El Nido, Palawan
Secondary : El Nido National High School
El Nido, Palawan
Tertiary : Palawan State University
El Nido, Palawan
 29

XI. APPENDIX A
 30

Kiko e-Palengke
PRODUCTS:
 LocalAroma rice
 Regular rice
 Dried fish (Tamban and Lupoy)
 Kiko’s Tinapa
 Kiko’s Sinamak
 Cooking oil
 Eggs
 Face Shields
 Face Masks
 Blower kalan
 Pot holders
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XII. APPENDIX B

44
 LETTER TO THE BARANGAY

Republic of the Philippines

PALAWAN STATE UNIVERSITY
Puerto Princesa City

EL NIDO CAMPUS

August 2, 2020
HON. JOHNNY FABREGAS
Punong Baranggay
Brgy. Villa Libertad, El Nido Palawan

Sir:
The undegsigned Fourth Year Students of the program of Bachelor of Science in
Entreprenuership of this campus are currently enrolled in the course Business Plan
Implementation with a project entitled “Kiko e-Palengke”.

In lieu with this, we would like to ask your approval and permission for our online
retailing store to be established here in Barangay Villa Libertad, El Nido Palawan. Rest assured
that we will abide all the rules and regulations of your barangay,in any time that we need to
conduct some research and observations in the area, we will observe proper ethics as we undergo
such action; and to follow government protocols such as social distancing and wearing
facemask.

We are hoping that this request be given favorable consideration.

Thank you and God bless.

Very Truly,

The Researchers

45
 LETTER TO THE DIRECTOR

Republic of the Philippines

PALAWAN STATE UNIVERSITY
Puerto Princesa City

EL NIDO CAMPUS

August 2, 2020

GLENN VALLEJO
DIRECTOR
This Campus

THRU: MRS. JASMIN G. ABIS

INSTRUCTION COORDINATOR

SIR:

Greetings!

We, the Bachelor of Science in Entreprenuership 4 th year students,

respectfully requesting your good office for the approval of our business proposal
with the title Kiko e-Palengke in the subject Business Plan
Implementation(P3006), this semester SY 2020-2021.

Hoping that this request merits your kind consideration and favorable
approval.

Thank you very much and more power.

Respectfully,

KRISTINE M. ALIVIO
Group Leader

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