Feasibility Study 1 10

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 125

A PROPOSED LICEGUARD AROMACOAT ANTI-LICE SHAMPOO

_________________________

A Project Feasibility Presented to

The Faculty of Business and Hospitality Department

Cristal e-College

Tawala, Panglao, Bohol, Philippines

_______________________

In Partial Fulfilment of the Requirements for the

Degree of Bachelor of Science in Business Administration

Major in Financial Management

__________________________

By

DACOYLO, JIRAH BLESS T.

SALOMA, ANGELO A.

SOLILAP, MARIA CHRISTYLL GENE C.

TUBA, LLOYD ALBERT

VITOR, CHARLIE
CHAPTER 1

DESCRIPTION OF THE PROJECT

Introduction

The challenge of lice infestations in children has long been a concern for parents and

caregivers alike. Beyond the discomfort it causes, lice can disrupt daily routines and

create stress for families. Recognizing the need for an effective yet delightful solution,

we proudly present "LiceGuard Aromacoat ," an anti-lice scented coconut shampoo

thoughtfully crafted to transform the ordinary into the extraordinary. LiceGuard

Aromacoat is not just another shampoo; it's a holistic approach to lice prevention that

marries the natural goodness of coconut with the power of a fragrant defense. In

understanding the unique needs of children, we would like to propose three distinct

scents: Bubble Gum Burst , Tutti Frutti Fusion and After Shower Serenity offering a

sensory journey that is both protective and delightful.

According to research, Head lice are spread most commonly by direct contact with the

hair of an infested person. Spread by contact with inanimate objects and personal

belongings may occur but is very uncommon. Head lice feet are specially adapted for

holding onto human hair. The diagnosis of a head lice infestation is best made by finding

a live nymph or adult louse on the scalp or hair of a person. Because nymphs and adult

lice are very small, move quickly, and avoid light, they can be difficult to find. Use of a

magnifying lens and a fine-toothed comb may be helpful to find live lice. If crawling lice

are not seen, finding nits firmly attached within a ¼ inch of base of the hair shafts
strongly suggests, but does not confirm, that a person is infested and should be treated.

Nits that are attached more than ¼ inch from the base of the hair shaft are almost always

dead or already hatched. Nits are often confused with other things found in the hair such

as dandruff, hair spray droplets, and dirt particles.

LiceGuard Aromacoat carefully formulated anti-lice solution enriched with the

nourishing properties of coconut. The blend of natural ingredients not only deters lice

infestations but also promotes overall hair health. this shampoo is gentle on the sensitive

skin of children, making it suitable for regular use. With three invigorating scents to

choose from, children can now personalize their hygiene routine. The Bubble Gum Burst

offers a delightful aroma of bubble gum invoking memories of carefree moments, Tutti

Frutti Fusion brings the sweetness of coconut intertwines with the vibrant notes of

various fruits, and After Shower Serenity adds the feeling of calmness and freshness.

This variety not only addresses different scent preferences but also makes the process of

preventing lice an enjoyable one. This becomes a tool for positive reinforcement. By

associating the hair-washing routine with enjoyable fragrances and a sense of protection,

children are encouraged to embrace their daily hygiene regimen with enthusiasm. This

positive reinforcement contributes to the development of healthy hygiene habits from an

early age. This aims to captivate not only through its formulation but also through its

engaging packaging. Vibrant colors, playful illustrations, and age-appropriate branding

create an instant connection with the young audience. A commitment to transforming the

way families approach lice prevention. By integrating the protective power of coconut

and sensory delight of three unique scents, we offer a product that not only safeguards

against lice but also nurtures the joy of childhood. Ensuring not only protection but also
an uplifting and enjoyable daily ritual. Together, we cab redefine hygiene for the next

generation, one fragrant hair wash at a time.

Company’s Historical Background

Figure 1. Business’ Official Logo

The researchers make this product proposal in an effort to provide our costumers

with new sets of scents for kids and anti-lice shampoo.The logo of LiceGuard AromaCoat

Anti-Lice Shampoo likely combines elements that symbolize protection, natural

ingredients, and effectiveness. The Green background is n associated with nature,

freshness, and health. It suggests that the product is made from natural ingredients, which

is often a desirable quality for products used on the body, especially for children who

may be more prone to using lice treatments. The coconut tree is associated with coconut-

based products. The coconut is a key ingredient in the product. Coconut oil is known for

its potential benefits for hair and scalp health, making it a popular choice for natural hair

care products. The armor symbolizes protection and strength. It represents that the

shampoo provides a strong defense against lice infestation, reinforcing the idea of

protection that the product offers.


Offering a new sets scents provides consumers with a variety of choices, catering

to diverse preferences. Not all individuals have the same liking for scents, so providing

options allows the product to appeal to a broader audience. The availability of multiple

scents allows users to customize their experience based on their mood or the preferences

of their children. This personalization can enhance the overall user satisfaction and make

the product more versatile. Offering a scented coconut shampoo with three distinct

fragrances can set the product apart from competitors. It provides a unique selling

proposition and positions the product as a more diverse and consumer-focused option in

the market. The inclusion of three different scents creates opportunities for creative

marketing campaigns and branding. Each scent can have its own marketing theme,

allowing the company to communicate different aspects of the product and connect with

consumers in various ways. Multiple scents contribute to a more engaging and positive

sensory experience. The rotation of scents can prevent olfactory fatigue, keeping the

product's appeal fresh over time.

Location

The anti-lice coconut shampoo production site is situated in Tagbilaran City,

Bohol as it is a strategic location for a shampoo factory. Tagbilaran City is the most

suitable area for the establishments as it is the capital city of Bohol. It is where malls and

other commercial buildings are located. It is a perfect place to put the shampoo factory

for easy access on our distributers all around Bohol and it is also the place where

Boholanos most visited which is the source of our target customers.


Figure 2. Location Map

Figure 3. Business Building

Legal Structure and Form of Ownership

The LiceGuard Aromacoat Kids Company is a general partnership of five individual.

Each member plays a crucial role in contributing to the success and effectiveness of the

business. A general partnership is where all is shared equally with all the members of that

partnership having the equal rights and responsibility to run the business. The LiceGuard

Aromacoat Kids Company partners are the following individuals:

 Dacoylo, Jirah Bless T.


 Solilap, Maria Christyll Gene
 Saloma, Angelo A.
 Tuba, Lloyd Albert B.
 Vitor,Charlie
LICEGUARD
AROMACOAT KIDS
COMPANY
OWNERS

MANAGER CASHIER

OFFICE PRODUCTION OTHER


PERSONNEL PERSONNEL PERSONEL

Figure 4. Organizational Chart

Vision Statement

To become the preferred choice for individuals seeking a delightful and effective

hair care solution, setting new standards in the industry by combining the nourishing

properties of coconut with a captivating and long-lasting fragrance in our shampoo.

Mission Statement

To provide a refreshing and luxurious hair care experience through our scented

coconut shampoo, promoting healthy and beautiful hair while embracing the natural

essence of coconut.The establishment producing LiceGuard Armocoat Shampoo could

take several steps. Invest in research to develop formulations that effectively eradicate

lice while being safe for use on the scalp. Conduct thorough testing to ensure the

product’s safety and efficacy, meeting regulatory standards and guidelines. Provide

educational materials and resources to inform consumers about lice prevention,

identification, and proper use of the product. Ensure the product is widely available and

affordable to reach a broad audience, including families, schools, and healthcare

providers. Commit to ongoing research and development to innovate and improve


product effectiveness and user experience. Offer responsive customer support to address

any concerns or questions from consumers about the product or lice infestations

Goals

The researchers’ goal of the study is to help out to prevent head lice or colloquially

known as “kuto” to each individual who has been endure the head lice problem by

providing our remarkable product. This study will also give hope and aspiration that head

lice can be prevented.

Objectives

The objective of the study is to create a positive and considerate product that promotes

and encourage the target market up on giving ways on how to get rid of its’ head lice

problem.

Product Description

LICEGUARD AROMACOAT shampoo is a local anti-lice coconut product locally made

in Bohol Philippines. LICEGUARD AROMACOAT shampoo has coconut milk (gata) as

its base and has its three (3) variations through its distinctive scents which comes with

Bubble Gum burst, Tuttii fruiti Fusion, After Shower Serenity.

Bubble Gum Burst

Description: Immerse your senses in the playful and nostalgic essence of Bubble Gum

Burst. This delightful scent combines the tropical allure of coconut with the sweet and

vibrant notes of bubble gum, creating a fusion that is both whimsical and inviting.
Tutti Frutti Fusion

Description: Embark on a fruity escapade with Tutti Frutti Fusion. This scent blends the

richness of coconut with a medley of tropical fruits, creating a burst of freshness that is

both exotic and invigorating.

After Shower Serenity

Description: Experience the tranquility of After Shower Serenity. This scent captures the

essence of a calming post-shower breeze, combining the soothing properties of coconut

with subtle, clean notes, creating a scent that is both comforting and refreshing.

CHAPTER II

TECHNICAL ASPECT

SERVICE DESCRIPTION AND ECONOMIC USES

An LiceGuard Aromacoat Anti-lice coconut shampoo offers a dual benefit of lice

treatment and hair nourishment. It emphasizes its natural, gentle formula infused with

coconut oil, which helps to suffocate and eliminate lice while also moisturizing and

softening the hair. Additionally, it may highlight its pleasant coconut natural scent, comes

with Bubble Gum Burst, Tuttii fruiti Fusion, After Shower Serenity and suitability for

regular use.

It would involve its ability to effectively eradicate lice infestations while being safe for

use on human scalps. Economically, it serves the demand for a solution to the common

problem of head lice infestations, generating revenue for manufacturers, retailers, and

distributors in the personal care industry. And the top of that, it contributes to the

healthcare sector by providing an effective solution for treating lice


infestations,Furthermore, it creates employment opportunities in production, sales, and

marketing roles within the industry.

SERVICES PROCESS

LiceGuard Aromacoat anti-lice coconut shampoo is typically pertain several stages from

Formulation, Manufacturing, Quality Control, Packaging, Distribution, Marketing and

Sales up to Customer Support.

Formulation: Researchers develop a formula that includes coconut oil and other active

ingredients such as its distinctive scents that would proven to effectively combat lice

infestations while being gentle on the scalp.

Manufacturing: Raw materials, including coconut oil is the based and then processed in a

manufacturing facility. The ingredients are mixed according to the formulation, heated,

and cooled to create the shampoo.

Quality Control: Throughout the manufacturing process, quality control measures ensure

that the shampoo meets safety and efficacy standards. This involves testing batches for

consistency, stability, and effectiveness.

Packaging: The shampoo is filled into 50ml and 20 ml bottles or containers and labelled

with instructions for use, safety precautions, and ingredient information.

Distribution: The finished product is distributed to retailers such as pharmacies,

supermarkets, and online stores for sale to consumers.

Marketing and Sales: Marketing strategies are employed to promote the product's

benefits, including its coconut oil content and effectiveness in treating lice. Sales efforts
focus on persuading retailers to carry the product and encouraging consumers to purchase

it.

Customer Support: Providing information and support to customers regarding product

usage, safety, and effectiveness is essential for building trust and satisfaction.

Throughout this process, attention to quality, safety, and regulatory compliance is

paramount to ensure the effectiveness and safety of the anti-lice coconut shampoo.

Figure 5: Service Process


BUSINESS SCHEDULE

LICEGUARD AROMACOAT has five (5) employees and is open for eleven (11) hours

per day, six days per week. Although there is no security staff, the company will install

CCTVs both inside and outside the premises.

TIME SCHEDULE ACTIVITY

9:00 AM – 9:15 AM Opening of the shop

9:15 AM – 9:30 AM Preparation and disinfection of the tools,

machinery and equipment.

9:30 AM – 12:00 NN Making of the product and to deliver the

products and distributors

12:00 NN – 1:00 PM Lunch Break

1:00 PM – 6:30 PM Continue making of the product and to

deliver the products to the distributors

6:30 PM – 7:00 PM Inventory and Cleaning

7:00 PM – 7:30 PM Making of reports and planning

7:30 PM – 8:00 PM Closing the shop

Table 1. Time Schedule and Activity

TOOLS, MACHINERY AND EQUIPMENT

LICEGUARD AROMACOAT will deliver the products to their costumers by using the

following tools, machineries and equipment.


TOOLS:

Basin - a basin plays a versatile role as

a receptacle for various purposes

throughout the manufacturing process.

While it may not be a primary piece of

equipment, a basin can be employed for

tasks such as mixing, measuring, or

collecting ingredients.

Strainer - a strainer refers to a device

or tool used to filter and separate solid

particles or impurities from the liquid

mixture during the production process.

Coconut shampoo may involve the use

of coconut extracts, oils, or other

coconut-based ingredients, and a

strainer helps ensure that the final

product is free from unwanted particles

or debris.

Funnel- a funnel is a conical or

cylindrical device with a wide opening

at the top and a narrow tube or spout at

the bottom. Funnels are commonly used


in the production process to facilitate

the controlled and precise pouring of

ingredients into containers, mixing

vessels, or bottles.

Laddle - a ladle is a kitchen utensil

characterized by a long handle and a

deep, often round or oval-shaped bowl.

While ladles are traditionally associated

with serving and transferring liquid or

semi-liquid foods, their use in shampoo

production can serve specific purposes

such as measuring and pouring the

ingredients, scooping and transferring of

the ingredients, mixing and blending,

and lastly distribution of ingredients.

Pastic Bottles – these are containers

made of various types of plastic

polymers, designed to hold and dispense

liquid or semi-liquid substances. In

making the shampoo, plastic bottles

play a crucial role in the packaging and

distribution of the final product. These


bottles are specifically chosen for their

durability, flexibility, and compatibility

with the shampoo formulation.

Kaguran- In the production of coconut

shampoo, a kaguran, or coconut grater,

is a traditional tool used for grating or

shredding coconut flesh. It is typically

consists of a metal or wooden frame

with a sharp blade or grating surface. It

may have a handle for manual operation

or be designed to attach to a stable

surface for stability during use. The

coconut is scraped against the grating

surface, resulting in finely grated

coconut that can then be used to extract

coconut milk or oil.

Container- Is used for preserving the

extract coconut milk. For soaking the

extract coconut milk for at least 1 day


before the production.

MACHINERY:

Printing Machine- printing machines

are commonly used for creating labels,

packaging materials, and promotional

materials for the coconut shampoo

products. These machines play a crucial

role in branding, marketing, and

providing essential information to

consumers.

Computer- a computer is an integral

part of the overall manufacturing

process. Computers are employed for

various functions, ranging from

formulation and quality control to

inventory management and automation

of production lines.
EQUIPMENT:

Delivery Truck- a delivery truck is a

motorized vehicle designed for

transporting and delivering finished

products from the manufacturing

facility to distribution centers, retailers,

or directly to consumers. These trucks

play a crucial role in the logistical

aspect of the supply chain, ensuring that

coconut shampoo products reach their

intended destinations efficiently and in

optimal condition.

RAW MATERIALS

Coconut oil- a versatile ingredient

commonly used in the production of

shampoo due to its numerous beneficial

properties.
Water- the primary solvent for other

ingredients and helping to create the

desired consistency and texture of the

product.

SLES gel- It is a surfactant, which

means it helps to create lather and

remove dirt and oils from the hair and

scalp.

Conditioner- to moisturize, detangle,

and soften the hair. It contains

ingredients such as conditioning agents,

moisturizers, and oils to help improve

the appearance and manageability of the

hair.

Foam booster-Foam helps to lift dirt,

oils, and other impurities from the hair

and scalp, enhancing the cleansing

action of the shampoo. These

ingredients help to create a stable foam

that lasts throughout shampooing


process.

Neutralizer -The pH level is often

adjusted to be slightly acidic to help

maintain the natural pH balance of the

hair and scalp. This helps to keep the

hair healthy, shiny, and manageable.

Salt-typically used in small amounts in

shampoo formulations to achieve the

desired effect without causing dryness

or irritation.

Table 2. Tool, Machineries and Equipment

ESTABLISHMENT LOCATION

The LiceGuard Aromacoat Shampoo establishment will be at B. Inting St. Cogon

Tagbilaran City. The business will be lease one commercial space in TJ Pinlac Bldg. It is

close to Tagbilaran City Hall. It is also near the National Highway.


Figure 6: Establishment Location

STRUCTURES/BUILDING LAYOUTS UTILITIES

The LiceGuard Aromacoat Shampoo establishment is strategically designed to facilitate a

seamless workflow and ensure a comfortable experience for both customers and staff.

Upon entering the establishment, customers are greeted by a welcoming reception area

adorned with informative posters and brochures about lice prevention and treatment. The

reception area also houses a waiting area equipped with comfortable seating and reading

materials.Customers are guided towards designated consultation booths where trained

staff members provide personalized advice and recommendations based on the severity of

their lice infestation. These consultation booths are designed to ensure privacy and

confidentiality.

Adjacent to the consultation area is the product display section.The layout is organized

logically, with products categorized by their intended use and effectiveness.

Towards the back of the establishment lies the treatment area, featuring individual

stations equipped with comfortable chairs and sinks.


The building layout incorporates a dedicated storage area for inventory management,

staff facilities such as break rooms and restrooms, as well as administrative offices for

managerial tasks and client consultations.

Figure 7. Building’s Floor Plan/Layout

Figure 8. Building’s Front View

Figure 9. Building’s Production Area


Figure 10. Information/Cashier Area

Figure 11. Top View

UTILITIES

Electricity

The Bohol Light Company, Inc. which is the closest electricity provider to the site,

has been chosen by the proponents as one of the utilities. It is use for powering various

equipment and technologies essential for the business operations. It provides energy for

lighting, heating, cooling, and powering machinery and electronics.


Telecommunications

Telecommunication utilities include internet, phone, and data services, enabling

communication and connectivity within the business, with customers, and with external

stakeholders. They facilitate email communication, online transactions, video

conferencing, and access to information.

Water

The Bohol Water Utilities Inc. is the provider of the water utilities since it is the closest

provider to the site. It is used for drinking, sanitation, cleaning, and in industrial

processes.

WASTE DISPOSAL MANGEMENT

The waste management disposal of materials in the creation of coconut shampoo entails

dealing with a variety of aspects of the process. Waste generated during coconut

processing should be managed. Investigate alternative uses for coconut husks, shells, and

other byproducts, such as bioenergy or animal feed. Chemical Waste: Handle and dispose

of chemical byproducts from the manufacturing process appropriately. Implement safe

disposal techniques and, when possible, recycle or reuse certain substances. Implement

water saving techniques and treat wastewater to reduce environmental effect. Use eco-

friendly water treatment procedures to limit the amount of dangerous compounds

released into water sources. Choose sustainable packaging materials and design to reduce

your environmental footprint. Encourage recycling by utilizing easily recyclable products

and offering straightforward disposal.


In addition, effective waste management in the creation of coconut shampoo is crucial for

minimizing environmental impact and promoting sustainability. By exploring alternative

uses for coconut byproducts such as husks and shells, such as bioenergy production or

animal feed, waste can be reduced while simultaneously creating value from what would

otherwise be discarded materials. Additionally, proper handling and disposal of chemical

byproducts are essential to prevent pollution and harm to the environment. Implementing

water-saving techniques and eco-friendly water treatment procedures not only conserves

resources but also helps mitigate the release of harmful compounds into water sources.

Furthermore, choosing sustainable packaging materials and promoting recycling can

further reduce the environmental footprint of coconut shampoo production. Overall, a

comprehensive approach to waste management and environmental stewardship is

essential for the sustainable production of coconut shampoo.

CHAPTER III

MARKETING ASPECT

TARGET MARKET

The business's primary target customers are parents who want to find solutions for

such head lice problems in their kids and so with an individual who has been

enduring the head lice problem.


POPULATION OF THE TARGET MARKET AND RESPONDENTS

The proponent distributed survey questionnaires to the target market who are the

parents who want to find solutions for such head lice problem of their kids and so

with an individual. The total population in the Barangay Cogon, Tagbilaran City,

Bohol is 15440 whereas we choose 50 parents and 50 individuals as our

respondents. The source of the population will be based on the data recorded by

the City Hall office and Municipal Statistics.

DEMAND

Tabular representation of the projected demand for LiceGuard Aromacoat

Coconut Shampoo over the next three years.

Table 1. Estimated Demand for 3 years

Month Estimated Demand

Year 1 Year 2 Year 3

January 150 750 1350

February 200 800 1400

March 250 850 1450


April 300 900 1500

May 350 950 1550

June 400 1000 1600

July 450 1050 1650

August 500 1100 1700

September 550 1150 1750

October 600 1200 1800

November 650 1250 1850

December 700 1300 1900

In the first year, the estimated demand for LiceGuard Aromacoat gradually increases

from 150 bottles to 370 bottles in the first year. The 2 nd year is from 390 bottles to 610

bottles. In the 3rd year, it increases from 630 bottles to 850 bottles. In the 4 th year is from

870 bottles to 1090 bottles and in the 5 th year it increases from 1110 bottles to 1330

bottles.

SUPPLY

Daily Supply:

Produces 40 bottles of every scent for a total of 40 x 3 = 120 bottles a day.

Weekly Supply:
6 working days in a week, the weekly production is 120 bottles/day x 6 days/week = 720

bottles per week.

Monthly Supply:

Considering 24 working days in a month, the monthly production is 720 bottles/week x 4

weeks/month = 2,880 bottles per month.

Yearly Supply:

With 12 months a year, the yearly production reaches 2,880 bottles/ month x 12

months/year = 34,560 bottles a year

Table 1. Production of Supply

DURATION QUANTITY

1 DAY 120 bottles of shampoo

1 WEEK 720 bottles of shampoo

1 MONTH 2,880 bottles of shampoo

1 YEAR 34,560 bottles of shampoo

PRICE

LiceGuard Aromacoat is priced at 75 pesos per 100ml bottle, making it a

competitively priced option in the market for anti-lice shampoos. This pricing strategy

positions the product as both affordable and effective, appealing to consumers who are

looking for a reliable solution to lice infestations without breaking the bank. The 100ml

size is also convenient for customers, as it provides enough product for multiple uses
without being too bulky or expensive. Overall, this pricing strategy is likely to resonate

with consumers who value both quality and affordability in their anti-lice products.

GEOGRAPHIC AREA

The plant site is situated in TJ Pinlac Bldg., B. Inting Street, Cogon District

Tagbilaran City Bohol near Tagbilaran City Hall, as it is a strategic location for Lice

Guard Aromacoat Kids Company. The proponent has decided to establish the business

within Tagbilaran City as, where most of the people visit.

Figure 12. Location and Map

MARKET SEGMENTATION

Anti-lice Coconut Shampoo Targeting specific age groups, such as children or adults,

who are more prone to lice infestations.Addressing concerns and preferences of health-

conscious consumers who prefer natural remedies like coconut-based products.Focusing

on consumers who have previously purchased anti-lice products or have shown interest in

natural hair care solutions.Focusing on consumers who have previously purchased anti-

lice products or have shown interest in natural hair care solutions.Tailoring marketing
efforts to regions with higher incidence rates of lice infestations, such as schools or

densely populated areas.Offering different variants or packaging sizes for regular use,

preventive care, or intensive treatment.Providing options for different income groups,

such as premium coconut-based formulations and more affordable alternatives.

COMPETITORS

Lice Guard Aromacoat Anti lice shampoo has been so in common with other companies’

distinctive products. However, Lice Guard Aromacoat Anti Lice coconut shampoos’

primary objective of delivering a new variety and productive product is having its

naturally made from the extract of coconut milk/oil that has a lot to benefit the users that

other distinctive product has no in common that create a positive and considerate product

that promotes and encourage the target market up on giving ways on how to get rid of its’

head lice problem.

BUSINESS ENVIRONMENT

The scented coconut shampoo industry is influenced by various factors, including market

trends, competition, regulatory compliance, consumer behavior, supply chain

management, brand image, distribution channels, and environmental impact. Market

trends involve analyzing consumer preferences and trends in scented hair care products,

while competitive landscape involves evaluating competitors and their products.

Regulatory compliance ensures compliance with ingredient standards, labeling, and


environmental considerations. Consumer behavior considers the target demographic's

preferences, purchasing behavior, and willingness to pay for scented coconut shampoo.

Supply chain management ensures a reliable source of coconut-based ingredients, ethical

practices, and efficient manufacturing processes. Brand image and marketing focus on

unique selling points, while distribution channels optimize product availability.

Environmental impact involves addressing the company's commitment to sustainability,

including recyclable packaging, reduced carbon footprint, and responsible waste disposal.

By navigating these aspects effectively, a scented coconut shampoo business can position

itself for success in the broader business environment.

MARKETING STRATEGIES

Introducing the innovative LiceGuard Aromacoat Anti lice Shampoo a gentle yet

powerful solution to rid your family of pesky lice infestations. The following marketing

techniques will take effect:

 Target Audience Identification: Identify the primary target market, such as

parents of school-aged children, and tailor marketing efforts accordingly.

 Product Differentiation: Highlight the unique benefits of coconut-based

ingredients in combating lice compared to other anti-lice products.

 Educational Content: Create content that educates consumers about the

benefits of using natural ingredients like coconut for lice treatment,

emphasizing its effectiveness and safety.

 Social Proof: Utilize testimonials or before-and-after photos from satisfied

customers to build trust and credibility.


 Online Presence: Establish a strong online presence through a dedicated

website, social media channels, and online advertising to reach a wide

audience.

 Influencer Marketing: Partner with influencers or bloggers in the parenting

or health and wellness niche to promote the product to their followers.

 Retail Partnerships: Collaborate with retailers specializing in children's

products or natural remedies to increase product visibility and availability.

 Promotional Offers: Offer promotions such as discounts, bundles, or

samples to incentivize trial and purchase.

 Packaging Design: Design packaging that communicates the natural,

gentle, and effective qualities of the product, appealing to the target

demographic.

 Community Engagement: Engage with communities such as parenting

forums or local schools to spread awareness and gather feedback on the

product.

CHAPTER IV

MANAGEMENT ASPECT

The company encompasses various functions such as planning, organizing, leading, and

controlling resources to achieve organizational goals effectively and efficiently. It

involves task like strategic planning, decision making, resource allocation, team

leadership, and performance evaluation. Good management ensures the smooth operation
of the business and its ability to adapt to changes in the internal and external environment

and to meet consumer wants and achieve every corporate organization's ultimate goal of

profit, effective and efficient management necessitates correct task assignment and

division. If the company is not adequately managed, it will suffer recurring losses or,

worse, close down.

This section will provide business-related information from the study. It initiates

decisions and plans throughout the pre-operational period of the firm, as well as the

essential structure, job descriptions, and job titles. It also initiates the employment

process and business policies.

MANAGEMENT DURING THE PRE-OPERATING PERIOD

To carry out the business procedures, preparation is required during the pre-operating phase.

It entails rigorous planning that takes into account every aspect of the business that is

important, as well as decision-making to achieve positive outcomes and advance in the

process of determining whether the study is possible or not.

Project Timetable

A company's timetable is essential for setting goals, managing operations, and

completing tasks. It helps generate a Gantt chart with crucial deadlines for each action. In the

pre-operational phase, management must perform tasks such as market research, formula

development, prototyping and testing, regulatory compliance, production setup, packaging

design, distribution planning, and marketing and branding. Market research involves

understanding target demographics, competitor analysis, and trends. Formulation


development involves creating a shampoo formula considering effectiveness, safety, and

cost. Prototyping and testing involve developing sample batches for internal testing and

consumer trials. Regulatory compliance ensures compliance with local and international

regulations. Production setup involves establishing manufacturing processes, securing

suppliers, and setting up production facilities. Packaging design involves creating functional

packaging, distribution planning involves developing a distribution strategy, and marketing

and branding involve ongoing campaigns.

General Planning

The pre-operating phase of a business involves establishing the company's objectives and

mission, making crucial decisions, and evaluating the project's viability. This phase lasts

three weeks, including project kickoff, market analysis, budgeting, team formation,

regulatory assessment, formulation strategy, prototyping and testing, supplier and vendor

selection, production facility setup, packaging design and branding, distribution strategy,

marketing and promotion, risk management, timeline and milestones, and continuous

evaluation. The project kickoff involves establishing clear objectives, roles, and

responsibilities, conducting thorough market research, developing a detailed budget,

assembling a multidisciplinary team, understanding and complying with regulatory

requirements, defining the shampoo's key features and benefits, establishing a prototype

and testing plan, establishing supplier and vendor relationships, setting up manufacturing

facilities, designing and branding packaging, developing distribution strategies, creating a

comprehensive marketing strategy, risk management, and setting a timeline with

milestones. Regular evaluation ensures alignment with overall business goals and ensures
a smooth transition into full-scale operations. Effective general planning is crucial for a

successful pre-operating period and a smooth transition into full-scale operations.

Licensing

The management is processing all necessary business-related licenses, which are

crucial for a firm's legality and compliance. The process takes three weeks. To pursue

liceguard aromacoat, the business must obtain a business permit, Mayors Permit, Business

Barangay Clearance, Police clearance, Sanitary Permit, BIR, and SEC, ensuring compliance

with the taxation law of the Philippines. Complete requirements are essential for a successful

business venture.

Sourcing of Funds

Financial capital is crucial for a business's operation, and can be obtained through

contributions or other sources. As a partnership, we divided our funding sources according to

contribution.

Contributors Capital

Angelo Saloma P200,000

Charlie Vitor P200,000

Lloyd Albert Tuba P200,000

Maria Christyll Gene Solilap P2000,000

Jirah Bless Dacoylo P200,000


TOTAL P1,000,000

Location

The LiceGuard Aromacoat Shampoo business will be located at B. Inting St. Cogon

Tagbilaran City, leasing a commercial space in TJ Pinlac Bldg near Tagbilaran City Hall and

the National Highway. A two-week deadline is set for completing required papers. It has a

strategic location for LiceGuard Aromacoat Kids Company. The proponent has decided to

establish the business within Tagbilaran City as where most of the people visit.

Leasehold Improvement

The business is constructing a lease commercial space in TJ Pinlac Bldg, which is

unfinished. Researchers plan to renovate the property, adding designs, colors, and

decorations, taking 1 month to complete the establishment.

Search for the Supplier of Raw Materials

Raw materials, including coconut oil is the based and then processed in a

manufacturing facility. The ingredients are mixed according to the formulation, heated, and

cooled to create the shampoo. The main supplier for the ingredients of the shampoo is

BrightPH.
Acquisition of Furniture and Fixtures

Researchers plan to furnish the establishment with sturdy furniture, plants, aesthetic

decoration, and books to create a comfortable and pleasant ambiance, which will take about a

week to complete. In furnishing the establishment with sturdy furniture, plants, aesthetic

decoration, and books, it's essential to consider the broader impact of creating a comfortable

and pleasant ambiance. Beyond the physical elements, attention should also be given to the

atmosphere and culture cultivated within the space. This could involve fostering a sense of

community and inclusivity, encouraging open communication and collaboration, and

promoting well-being among both staff and patrons.

Acquisition of Machineries, Tools, and Equipment

The company is purchasing and assessing the quality of necessary tools such as basin,

strainer, funnel, laddle, plastic bottles, coconut shredder, and container. They also have a

delivery truck for easy delivery to their valued reseller and a printer and computer for

transaction. Keeping these tools in good condition is crucial for maintaining service quality.

This takes a week to accomplish.

Installation of Equipment

Installers must ensure a smooth and efficient installation process to prevent

equipment dents, errors, and service delays. The process involves site preparation,

coordination with suppliers, hiring qualified technicians, implementing safety precautions,

quality assurance, employee training, documentation, testing and commissioning,


contingency plans, utilities connection, inspection and compliance, project timeline

management, and post-installation support.

Hiring of Workers

The hiring process involves a two-week process, involving interviews, assessments,

and selection of candidates. It is managed by a human resources manager or business owner.

The hiring process involves strategic planning to build a skilled and effective team. Key steps

include workforce planning, job descriptions, recruitment strategy, employment policies,

legal compliance, interview process, skills assessment, background checks, offer letters and

contracts, onboarding plan, training programs, diversity and inclusion, health and safety

protocols, communication, and employee engagement.

Training and Orientation of Workers

The workers will be aware of their responsibilities and the nature of their work. Worker

expectations are a part of it. To learn the procedure, the company's policies, and its

objectives, training and orientation will be conducted. Following such preparation,

individuals will resume their responsibilities in accordance with what best suits their job-

related talents.

Orientation and Training Program Flow

8:00 AM - 8:30 AM Registration

8:30 AM – 8:45 AM Philippine Anthem &Bohol Hymn,

Opening Prayer

8:45 AM – 9:00 AM Introduction to Company

9:30 AM – 10:00 AM Safety Briefing


10:00 AM – 10:30 AM Product Knowledge

10:30 AM – 11:00 AM Manufacturing Process Overview

1:00 AM- 12:00 NN Hygiene Standards

12:00 NN – 1:00 PM Lunch Break

1:00 PM – 3:00 PM Equipment Training

3:00 PM – 4:30 PM Quality Control Procedures

4:30 PM – 5:00 PM Conclusion and Resources

Advertisements and Promos

Effective advertising and fliers can increase demand for services, but proper planning and

decision-making are crucial. Strategic planning can attract clients with sales and discounts.

To promote the business, social media platforms like Facebook, Instagram, and TikTok will

be used, along with fliers distributed to random people. Promos for loyal customers and

returned customers will also be implemented. The business has a week to complete

marketing, ensuring a convenient and accessible platform for promoting products and

services.
Commencement of the Normal Course of Business

Now that all the essential preparations have been made and the required actions,

permissions, and licenses have been completed and legalized, the business may officially

begin operations.

Table 4. Gantt Chart

Activities Month 1 2 3 4 5

Weeks 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4

General

Planning

Licensing

Fund Sourcing

Location
Leasehold

Improvement

Search for raw

materials

supplier

Acquisition of

furniture and

fixtures

Acquisition of

machineries,

tools and

equipment

Installation of

equipment

Hiring of

workers

Training and

orientation of

workers

Advertisement

s and promos
Normal

Operation

Now that all the essential preparations have been made and the required actions,

permissions, and licenses have been completed and legalized, the business may officially

begin operations.

MANAGEMENT DURING OPERATING PERIOD

ORGANIZATIONAL STRUCTURE

Activities must be properly directed for an organization to achieve its objectives,

necessitating the need for an organizational structure in all organizations. The business

implemented an organizational structure where employees are organized into departments

based on their functions and report to designated managers. The structure enables clear

lines of authority and communication, ensuring efficient decision making and task

delegation. However it also fosters a collaborative culture that encourages cross-

functional teamwork and innovation, allowing its employees to contribute ideas and

solutions beyond their immediate roles.

Lice Guard Aromacoat Anti-lice coconut shampoo is a business that typically offers

several benefits due to its natural properties of coconut oil. These may include

LICEGUARD
moisturizing and nourishing the hair and scalp and eliminate louses, promoting hair

strength and growth reducing lice and providing pleasant scents.

PRINCIPAL SHAREHOLDERS AND BOARD OF DIRECTORS

Table 5. FUNCTIONS AND RESPONSIBILITIES


Job Title Job Description

 Plan and manage the production activities

 Develops goals and objectives of the company

Manager  Monitor works in progress

 Ensures quality controls

 Manage purchasing activity for the shampoo

 Ensures timely production of shampoo ingredients

 Deliver exceptional customer service to ensure a superior

product.
Assistant Manager  Complete all production work in regards to completing the

shampoo

 Coordinate production deadlines to ensure efficient

workflow.

 Ability to operate and maintain production equipment, mix

ingredients accurately and follow manufacturing process

 Meticulous in measuring ingredients

 Ensuring products meet quality standard

 Keeping production areas clean and sanitized to prevent

contamination and maintain a hygienic manufacturing


Production workers
environment

 Filling and packing finished products into containers,

labelling the accurately, and preparing them for shipping

 Maintaining production records, including batch numbers,

quantities produced and any quantity control checks


COMPENSATION AND BENEFITS

In exchange for all of their efforts that helped the company achieve success and grow

as a whole, employees of any company are given compensation in the form of a monetary

award. They receive this on a regular basis, and it is reasonably calculated depending on

their work and where they are within the organization. As a result, in order to keep them

motivated to work hard, it is important to give back to the individuals who make the

business feasible.

Additionally, by fostering a closer bond between the staff and management, this lowers

the likelihood of employee resignation.

STAFFING REQUIREMENTS FOR IN-STORE OPERATION

Manager

Assistant Manager

1 cashier

5 production worker

1 delivery driver
BUSINESS HOURS: 9:00 am to 8:00 pm

 11 HOURS WORK SHIFT PER WEEK WITH PAID DAY-OFF

 26 DAYS COMPUTATION IS BASED ON PHP 430.00 PER DAY

 26 DAYS COMPUTATION BASED ON PHP 1100 PER DAY FOR THE

MANAGER

 26 DAYS COMPUTATION IS BASED ON PHP 800 PER DAY FOR THE

ASSISTANT MANAER

COMPENSATION AND BENEFITS

Table 6. Monthly Salary

POSITION 4TH/19TH Pay TOTAL PAY FOR A

MONTH

Manager P14,300 P28,600

Assistant Manager P10,400 P20,800

Cashier P5590 P11,180

Worker 1 P5590 P11,180

Worker 2 P5590 P11,180

Worker 3 P5590 P11,180


Worker 4 P5590 P11,180

Worker 5 P5590 P11,180

Delivery driver P5590 P11,180

Total P63,830 P127,660

Each employee receives a total monthly salary of ₱11,180.00. As part of this, the

employer contributions to SSS, PAG-IBIG, and PhilHealth are deducted. Two times

every month, the salary will be paid, on the fourth and nineteenth days.

Employee Benefits

In addition to the usual compensation they earn, the management offers benefits to its

employees as a way of encouraging them to stay with the business for a longer period of

time. There are some benefits that businesses must provide to employees in accordance

with the law, but there are those that are left up to the company's discretion. Aside from

that, the business also provide incentives if they sold the expected quota.

Contribution to the Social Security System (SSS)

The Social Security Act of 1997, also known as Republic Act No. 8282, states that it

is the objective of the Republic of the Philippines to establish, develop, promote, and

perfect a reliable and viable tax-exempt social security service that is appropriate for the

requirements of the people throughout the Philippines. It supports social fairness and

offers members and their beneficiaries substantial protection from the risks of illness,

disability, pregnancy, old age, death, and other unforeseen circumstances that would
cause a loss of income or financial burden. The State shall endeavor to provide social

security protection to employees and their beneficiaries in order to achieve this. The

employer's contribution is based on the aforementioned salaries of the employees. The

contribution rate for the social security system (SSS) in the Philippines were typically

around 12% of the monthly salary credit (MSC) paid by the member, with employers also

contributing a percentage. The contribution rate may vary based on specific

circumstances and government reglations.

Contribution to the National Health Insurance Program (PhilHealth)

In accordance with Article 3, Section 5 of Republic Act No. 7875, also known as the

National Health Insurance Act of 1995, the National Health Insurance Program is

required to guarantee health insurance coverage and affordable, acceptable, and

accessible health care services for all Filipino citizens. It will act as a way for those who

are healthy to contribute to the cost of the care of the sick, and it will allow those who can

afford medical care to support those who cannot. The employer's contribution is based on

the aforementioned salaries of the employees. The contribution rate for PhilHealth

(Philippine Health Insurance Corporation)was set at 3% of the monthly basic salary, with

the contributions shared between the employee and the employer.

MANAGEMENT POLICIES
Policies are guidelines created to help a particular organization maintain order and a

unifying goal during everyday operations. To offer what is needed, management should

adhere to the policies with uncompromising rigor and firmness. Employees should be

able to understand and follow the policies.

Proposed Management Rules and Regulations:

1. Employees should be in the office/establishment area on time. Work starts all the

time at 8:30 AM and ends at 4:30 PM. They are given a 20-minute break, one in

the morning, and one in the afternoon. Lunch breaks will be at 12:00 PM.

Working days are from Monday to Saturday.

2. Attendance will be recorded through the daily time record system and biometric.

3. When taking a leave of absence, the employee should notify management in

advance.

4. Employees must notify management of their absences via any available channel,

and they must report right away to the manager who is in charge when they

return.

5. An absence will be considered as three instances of tardiness.

6. The right dress code and neatness should always be followed by employees.

7. There is no tolerance for romantic ties amongst coworkers.

8. During business hours, it is not allowed to smoke, drink alcohol, or engage in any

gambling.

9. Aside from always maintaining the confidentiality of company information,

employees are expected to respect all managerial decisions.


10. Any employee who wishes to resign must do so in a professional manner by

submitting a formal resignation letter to the management and following the

management-determined procedures.

11. Depending on the management's evaluation of the damage, any violation of

business policy will result in a penalty or termination.

VIOLATIONS AND SANCTIONS

Any unpleasant, undesirable, or offensive behavior that hinders business

operations will be punished appropriately, as will any breach of the company's

rules. When discipline is deemed required, the following stages may be carried

out:

1. Advisory speech

2. Counseling and corrective measures

3. An official warning letter meeting for discipline with the proper management or

supervisor

4. A written warning is issued.

5. Taking advantages away

6. A permanent holdout or downgrade

7. Termination

The nature of the infraction must be made clear to the employee right away in the

process. The verbal warning might be given in the form of a straightforward speech

reprimand or, if necessary, a thorough conversation. The written reprimand and final
written warning must be read and signed by the employee. These documents outline the

window of opportunity within which an employee must improve their behavior before the

company takes additional disciplinary action. The following examples show where,

depending on the violation, the disciplinary process begins:

Table 7. Violation and Disciplinary Process

Violation included but not Disciplinary

limited to… Process

Misdemeanor/One-time ● Rude behavior to Disciplinary

Minor Offense customers or partners. procedure starts at

● On-the-job minor stage 1.

mistakes.

● Breach of dress

code/open door policy

etc.

● Involuntary

Discrimination

Misconduct/Frequent ● Lack of response to Disciplinary

offender counseling and corrective procedure starts at

actions. stage 5.

● Lost temper in front of

customers or partners.

● On-the-job major
mistakes.

● Unwillingness to follow

health and safety

standards

Severe offensive ● Corruption/ Bribery. Disciplinary

behavior Felony ● Breach of employment procedure starts at

agreement. stage 6.

● Harassment/ Voluntary

discrimination.

● Workplace Violence.

● Embezzlement/Fraud.

● Substance Abuse.

CHAPTER V

LEGAL AND TAXATION ASPECTS


The goal of all businesses is to maximize revenue at all times. Along with this main

goal, you also need to follow all of the rules and regulations set forth by the government.

In order to legalize their operations and ensure that there will be no doubt about their

compliance with the law during the entire process, the firm must adhere to certain legal

and taxation requirements, which are presented in this portion of the study. The methods

for obtaining licenses and permits that connect businesses to the government are

described in this chapter, as well as the taxation procedure that will ensure that the former

contributes to the latter.

LEGAL ASPECT

Any company's profits would be useless if it wasn't legally recognized. To ensure

that the operations are lawful and run smoothly, it is crucial to complete the government's

licensing and permission requirements. The company may also be granted state privileges

by complying with these documents. This is highly important since if these requirements

aren't met, bad things could happen to the entity. The following legal prerequisites for

the proposed study must be met:

Registration of Business Name

To set itself apart from the others, especially from its rivals, every company needs a

unique name. This offers the creature a unique personality with which to function. The

Security Exchange Commission(SEC) handles the registration of a business name, which

is the first stage in the legal procedure. This procedure for enterprises is governed by the

SEC. They aid business owners in securing the legal rights to their businesses as well as

the ability to use and control their preferred names. The Mayor's office and the Bureau of
Internal Revenue (BIR) can both be contacted through them to register a business. Either

personally visiting the SEC or registering online with this organization.

These are the requirements required by SEC for business name registration:

1. Registrant must be a Filipino citizen, at least 18 years old

2. Filipinos with names suggestive of alien nationality must submit any of the

following proof of citizenship: birth certificate, PRC ID, voter’s ID, or valid

passport.

3. If the applicant has acquired Filipino citizenship by naturalization, election, or by

other means provided by law, he must submit any of the following proof of his

Filipino citizenship: naturalization certificate and oath of allegiance, card issued

by the Bureau of Immigration and Deportation and affidavit of election, or ID

card issued by the Bureau of Immigration and Deportation.

4. Payment of registration and processing fee depending on the territorial

jurisdiction covered in the application: a. Barangay: PHP 200.00; b. City /

Municipality: PHP 500.00; c. Regional: PHP 1,000.00; d. National: PHP

2,000.00

5. At least three (3) proposed business names

Three proposed business names:

1. LiceGuard Aromacoat

2. LiceRepel Aromacoat

3. AromaGuard LiceShield
Acceptable business names:

● The root word or words of the name shall be considered.

● Describes the nature of business

● Comprised solely of letters and/or numerals

● Punctuation that are part of English and Filipino language

Names that are not acceptable:

● Those which are or whose nature of business is illegal, offensive, scandalous, or

contrary to propriety.

● Those which are identical or which nearly resemble business names already

registered with government offices authorized to register names.

● Names composed purely of generic words.

● Names by which by law or regulation cannot be appropriated.

● Distinguished or suggestive of quality of any class of goods, articles merchandise

or services.

● Abbreviation of names of any nation, inter-governmental or international

organization

● Names which are misleading, deceptive or which misrepresent the nature of

business

Process:
1. Check SEC’s business name inquiry site if the name chosen by the business is still

available to be used.

2. Fill out the application form either online or at the SEC office.

3. Submit the filled-out application form together with the other necessary requirements

and pay the fees to the office or online.

4. Assessment will be done with the form submitted and applicant will be advised with

what to do next.

The business owner must apply for a new registration if they ever want to start another

branch because this certificate is only good for five (5) years.

Securing Permits and Licenses

Any type of business should obtain licenses and permits from the government to

formally legalize their operations. For the business to be recognized, the local

government body of their preferred location will have requirements. The permissions and

licenses, along with the essential conditions for full compliance, are listed below.

Business Permit

This permit must be obtained from the mayor's office of the municipality in order for

the operations to start legally. This proves that the company actually operates in that

municipality and that all requirements have been met. The following prerequisites are

required to achieve such:

1. Application Form

2. Valid ID
3. SEC Registration

4. Barangay Clearance

5. Police Clearance

6. Sanitary Permit

7. Fire Safety Inspection Certificate

8. Bureau of Food and Drugs Certificate

9. Community Tax Certificate

Process:

1. Go to Tagbilaran City Municipal Hall and look for the office that issues business

permits and licenses.

2. Application paperwork will be provided; fill it out.

3. Pay the required fees after approval.

4. The granting of a business permit.

Barangay Clearance

A barangay captain's recognition and approval of the company is attested to by this

document. Along with the other licenses, this demonstrates the business's legitimacy.

After making the required funds, something is acquired. What's needed is what follows:

1. Recent Cedula

2. Residence Certificate

3. Application Fee
Process:

1. Go to Barangay Cogon Barangay Hall.

2. Present the recent cedula.

3. Pay the necessary fees.

4. Barangay clearance is given.

Police Clearance

This demonstrates that the business owner is not subject to any civil injunctions that

might at any moment have an impact on how the business is operated. By abiding by all

Philippine laws, respecting them, and not having any criminal histories, a person is also

able to demonstrate that they have an acceptable character in the eyes of the community.

The following criteria must be fulfilled in order to grant this to the business owner:

1. Barangay Clearance

2. Community Tax Clearance

3. Birth Certificate/NSO

4. Official Receipt of fees paid from the Municipality Treasurer’s office

Sanitary Permit

Businesses must practice good hygiene, especially those that handle food. This is

done to verify that the products have gone through procedures that won't endanger the

health of their customers. The production sites also require routine inspections to be

carried out. The following requirements must be met in order for this document to be

issued:
1. Business permit

2. Chest X-ray of the employees together with the owner

3. Sputum and stool examination

4. Completion of orientation and training for food handlers and other employees

Process:

1. Go to the municipal health office and secure an application form for sanitary

permit.

2. Present requirements.

3. Pay the necessary fees.

4. Sanitary permit is issued.

Fire Safety Inspection Certificate

This certification shows that the company has taken sufficient safety and preventative

measures in the event that adverse and unforeseen occurrences occur. The following

criteria must be met:

1. Photocopy of building permit

2. Copy of fire insurance policy, if any

3. Endorsement from the Business Permit Licensing Office (BPLO)


Community Tax Certificate

This document is also referred to as a cedula. This is given out each time a community

tax payment is made. This complies with Republic Act No. 7160, generally referred to as

the Philippine Local Government Code.

Application for Social Security System (SSS) Membership

In accordance with the requirements of the Department of Labor and Employment,

employees must be registered with the Social Security System. This is intended to

support the workers when they encounter difficulties related to their health, a death, or

retirement. Payment of fines is required for noncompliance. The prerequisites for

employee registration are as follows:

1. SSS Form R-1 for employer registration and Form R1-A for employment report.

2. Photocopy of an Authority to Operate from appropriate government office/s such

as Registration of Business Name, Business Permit, or any proof of business

operations.

3. List of employees.

Application for Philippine Health (PhilHealth) Insurance Membership

All employers that wish to provide health insurance for their employees must

register with the Philippines Health Insurance Corporation, as required by Republic Act

No. 7875, often known as the National Health Insurance Act of 1995. The prerequisites

for employer registration in the private sector are as follows:


1. Duplicate of Employer Data Record or ER-1 Form. This is available online in the

website of PhilHealth.

2. Certificate of Registration from the Department of Trade and Industry (DTI)

3. PhilHealth Membership Registration Form (PMRF) for each employee

Once an application is approved, the certificate of registration has to be displayed in

a visible part of the office.

Application for the Membership to Home Development Mutual Fund (HDMF)

A government organization called PAG-IBIG lends money to its members for

housing. All SSS-covered employees who make at least P4,000.00 per month are

required to register for membership in the PAG-IBIG fund in accordance with Republic

Act No. 7742. The PAG-IBIG fund only accepts voluntary applications from people who

do not match the requirements. The prerequisites are as follows:

1. Two (2) copies of the Membership Registration/Remittance Form (MRRF)

together with the following supporting documents to the Marketing and

Enforcement Division:

a. Member Data Form (MDF) of the employees

b. Certificate of SSS Coverage and Compliance

2. PAG-IBIG Housing Loan and Application Form (PHLAF)

3. Membership Status Verification Slip (MSVS)

Registration with the Bureau of Internal Revenue


A federal organization in charge of tax assessment and collection is the Bureau of

Internal Revenue. To make the business' operations legal, registration with the BIR is

required. This aids in tracking how businesses contribute to the growth of the state. The

prerequisites that must be met in order to register are as follows:

1. BIR Form No. 1901 – Application for Registration (two copies)

2. BIR Form No. 0605 – Payment Form (three copies)

3. BIR Form No. 2305 – Certificate of Update and Exemption and Employers’ and

Employees’ Information (two copies)

4. Birth certificate of tax payer

5. 2X2 photo

6. Marriage contract, if applicable

7. NSO Certified Birth Certificate of declared dependents

8. Photocopy of Mayor’s Business Permit and/or PTR issued by the local

government unit

9. Department of Trade and Industry (DTI) certificate of registration of business

name

10. Professional tax receipt

11. Registration fee of P500.00


Registration on Department of Labor and Employment

The Department of Labor and Employment of the Philippines is the executive branch

of the Philippine Government with the responsibility for developing policies,

implementing programs and services, and acting as the Executive Branch's policy

coordination body in the area of labor and employment. Its responsibility is to carry out

the Labor Code's requirements. Each employer, as defined by Rule 1002 of the

Occupational Safety and Health Standards, is required to register their company with the

Regional Labor Office or other authorized agent with jurisdiction over them in order to

be included in the database of all covered facilities.

Requirements:

1. Registration form DOLE-BWC-IP-3 in three copies to the Regional Labor Office

or authorized representatives

2. Attach a layout plan of the place of work floor by floor, in a scale of 1:100 meters

white or blue print showing all the physical features of the workplace including

storage, exits, aisles, machinery, clinic, emergency devices, and location.

TAXATION ASPECT

The ability to levy taxes is one of the state's three inherent powers. They now have the

power to require firms and people who get compensation to pay a portion of their income

to the government. The government uses the funds raised to meet the needs of the

populace in the areas of education, health, security, and protection. The following is a list

of the many sorts of taxes the proposed business will have to pay:
Value-Added Tax

In the Philippines, the sale, barter, exchange, or leasing of products, properties, or

services is subject to a consumption tax known as the value-added tax (VAT). It is an

indirect tax that can be passed on to the purchaser, transferee, or lessee of commodities,

assets, or services.

Expanded Withholding Tax

A type of withholding tax known as expanded withholding tax is imposed on some

income payments and is creditable against the payee's income tax liability for the taxable

quarter or year in which the specific income was received. A matching 5% enhanced

withholding tax in its monthly rental will be paid because the proposed business will be

renting its potential location. In accordance with Republic Act No. 10963, often known as

the TRAIN Law, an 8% enhanced withholding tax would be applied to the bookkeeper's

services.

Withholding Tax on Compensation

This is the tax that the employer deducts from income distributions to people

resulting from an employer-employee relationship and sends directly to the government.

Income Tax

The Tax Reform for Acceleration and Inclusion (TRAIN) program, which President
Rodrigo Duterte signed on December 19, 2017, specifies that this tax is imposed on a
person's income or net income derived from the use of property, a profession, a business
deal, or a business, or the relevant items of gross income. The business owner's income
tax return will be computed with the business's income included.
CHAPTER VI

FINANCING ASPECT

Every new business requires start-up capital. If you are starting a new business, you

will need adequate financing to get started. A firm cannot function unless appropriate

money are provided from the start. Funds are essential to cover company fluctuations and

unforeseen challenges. It promotes business growth, which necessitates cautious

management with a constant eye on financial numbers. It is also required for market

competition and to keep businesses running and client bases intact. Every business owner

has a vision for his company, which is frequently influenced through the management

and prioritization of financial resources. Given a certain amount of resources, your

financial goals and expectations.

The term "finance" refers to both the procedures used to raise capital for business

purposes. Thus, it comprises acquiring and applying cash so that businesses can operate

effectively and efficiently. Financial operations encompass the provision and

management of finances necessary for a business to function properly. All types of

organizations require money, however how it is employed varies according to the

company's type and size. It also undergoes periodic alterations. Money is necessary to

purchase properties, commodities, and human labor. It is also vital for the business to

operate on a daily basis.


SOURCES OF FINANCING

The business owners will individually contribute money to the initial expenditures,

and bank loans will also be used. The preliminary costs that must be incurred before

operations can begin include the fees required to obtain licenses and permits to legalize

the business's existence, the purchase of tools and equipment, the payment of required

rental deposits, and the payment of improvements to the establishment that are

appropriate for the type of business, as well as other costs that may be required. To avoid

financial problems for the organization, these funds must be spent and tracked correctly.

Every business requires money, thus it is critical to ensure that it is not spent on activities

that would hinder the company's development and growth. The suggested study has a

projected project cost of P1,000,000. The part that follows in this chapter elaborates on

the estimation and evaluation of the financial resources required to achieve the projected

outcome of the proposed project.

ESTIMATED PROJECT COST

Particulars Note Amount Total Cost

Pre-operating Expenses

- Project Feasibility Cost 1 6,800.00

- Permits and Licenses 2 4,250.00 ₱11,050.00


Property, Tools, and Equipment

- Furniture and Fixtures 3 42,147.00

- Tools, Machinery, Equipment 4 580,472.00

and Ingredients

- Leasehold Improvements 5 16,404.00 ₱639,026.00

Estimated Working Capital

- Salaries and Wages 6 127,660

- Employee Benefits 7 11,493

- Utilities Expense 8 7,700.00

- Prepaid Rent 9 20,000.00

- Rent Expense 10 10,000.00

- Others 11 9,825.00

- Cleaning Supply 12 714.00 ₱187,392.00

Total before Contingency Fund ₱837,468.00


x 10% Contingency Fund 83,746.80

TOTAL ₱921,214.80

Estimated Project Cost ₱1,000,000.00

Table 8. Estimated Project Cost

NOTES TO ESTIMATED PROJECT COST

NOTE 1

Project Feasibility Cost

Particulars Amount

Oral Defense ₱4,000.00

Printing 500.00

Bookbinding 800.00

Sampling 500.00

Miscellaneous 1,000.00

TOTAL ₱6,800.00
NOTE 2

Permits and Licenses

BIR Registration ₱500.00

DTI Registration 500.00

Business Permit 2,000.00

Barangay Clearance 100.00

Fire and Safety Clearance 300.00

Sanitary Permit 300.00

Notary Fees 100.00

Documentary Stamp Tax 150.00

Business Plate 300.00

TOTAL ₱4,250.00
NOTE 3

Furniture and Fixtures

Particulars Quantity Unit Cost Amount

Sofa 2 9,999.00 19,998.00

Chair Sofa 2 1,469.00 2,938.00

Cabinet 1 2,699.00 2,699.00

Wooden Table 4 1,199.00 4,796.00

Desktop Table 2 1,400.00 2,800.00

Center Table 1 1,200.00 1,200.00

Small Cabinet/Drawer 1 668.00 668.00

Paintings 2 1,000.00 2,000.00

Minishelf 1 649.00 649.00

Mirror 1 499.00 499.00

Chair 2 1,300.00 2,600.00


TOTAL ₱42,147.00

NOTE 4

Tools, Machinery, Equipment and Ingredients

Basin 3 498.00 1,494.00

Strainer 3 105.00 315.00

Funnel 3 60.00 180.00

Ladle 3 150.00 450.00

Plastic Bottles 30 10.00 300.00

Coconut Shredder 1 1,580.00 1,580.00

Container 5 95.00 475.00

Epson Ecotank L121 1 5,496 5,496.00

Computer 2 11,991.00 23,982.00

Delivery Truck 1 545,000 545,000.00

Shampoo Kit 3 400.00 1,200.00


TOTAL ₱580,472.00

NOTE 5

Leasehold Improvements

Brown Paint 4 2,799.00 11,196.00

White Paint 1 700.00 700.00

Paint Thinner 2 624.00 1,248.00

Paint Brush & Roller 4 35.00 140.00

Fluorescent Light 4 230.00 920.00

Labor (Workers) 2 500.00 (per day 2,000.00

for 2 days)

Wires 8 25.00 200.00

TOTAL ₱16,404.00

NOTE 6

Employee Benefits
SSS 9 977.00 8,793.00

HDMF 9 100.00 900.00

PhilHealth 9 200.00 1,800.00

TOTAL ₱11,493

NOTE 7

Utility Expense

Electricity 6,000.00

Internet 1,150.00

Water 550.00

TOTAL ₱7,700.00

NOTE 8

Rent Expenses

Per Month 10,000.00

Two Months Advance 20,000.00


TOTAL ₱30,000.00

NOTE 9

Others

Logbook 1 60.00 60.00

Printing of Official Receipts 2 120.00 240.00

Printer Ink 5 350.00 1,750.00

Scissors 4 20.00 80.00

Tripod 2 210.00 420.00

Folders 5 5.00 25.00

Quality Papers for Printing 5 boxes 1,485.00 7,250.00

TOTAL ₱9,825.00

NOTE 10

Cleaning Supplies

Broom 2 55.00 110.00


Dust Pan 2 60.00 120.00

Mop 2 105.00 210.00

Trash Bin 2 137.00 274.00

TOTAL ₱714.00

Table 9. Notes to Estimated Project Cost

CHAPTER VII

FINANCIAL ASPECT

The financial aspect of business is paramount, as it measures the outcomes of various

facets such as marketing, technical operations, and management in terms of monetary

value. This evaluation is crucial for assessing capital requirements, potential financing

sources, and forecasting operating revenue, costs, and expenses, considering the impact

of inflation This chapter focuses on the financial component, starting with fundamental
presumptions acknowledged by project supporters, which guide financial considerations.

It analyzes predicted income or loss, cash flows, and financial position over the first two

years to demonstrate the project's viability. All factors related to a company's finances,

including assumptions, hold significance. Proponents have crafted estimates based on

acquired information to enhance the company's strategic framework.

LICEGUARD AROMACOAT

PROJECTED STATEMENT STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31

2025 2026 2027

Projected Sales ₱5,130,760.00 ₱5,338,374.60 ₱5,544,815.90

Less: Cost of Goods Sold 841,619.15 875,894.68 891,080.35

Gross Profit 4,289,140.85 4,462,479.92 4,653,735.55

Less: Operating Expense ₱1,699,908 1,771,973 1834935.4

Net Income (Loss) 2,589,232.85 2,690,506.92 2,818,800.15

LICEGUARD AROMACOAT
PROJECTED STATEMENT OF CASH FLOW
FOR THE YEARS ENDED DECEMBER 31
2025 2026 2027
Beginning Balance
- Operating Activities
Projected Annual Sale ₱5,130,760.00 5,338,374.60 5,544,815.90
Less:Operating Expense (1,699,908) (1,771,973) (1834935.4)
Net Cash flow generated 3,430,852 3,566,401.6 3,709,880.5
from Operating Activities
-Investing Activities

Purchase of Equipment 501,580 501,580 501,580


Net Cash flow generated 501,580 501,580 501,580
from Investing Activities
Financing Activities

Capital 1,000,000.00 1,000,000.00 1,000,000.00


Net Cash flow generated 1,000,000.00 1,000,000.00 1,000,000.00
from Financing Activities
Net Cash Flow Generated 4,932,432 5,067,981.6 5,211,460.5
From Liceguard Aromacoat

LICEGUARD AROMACOAT
PROJECTED STATEMENT OF FINANCIAL POSITION
FOR THE YEARS ENDED DECEMBER 31
2026 2027 2028
ASSET
Current Assets
Cash 4,932,432 5,067,981.6 5,211,460.5
Raw Materials 323,253.93 336,607.50 358,352.05
Operating Expense 1,875,561.93 1,956,552.50 2,036,724.53
Total Current Asset 7,131,247.86 7,361,141.60 7,606,537.08
Non-Current Asset
Furniture and Fixture, 201,639.83 202,449.90 215,372.63
net
Leasehold 188,777.13 194,421.90 208,350.73
Improvement, net
Total Non-Current Asset 390,416.96 396,871.80 423,723.36
TOTAL ASSET 7,521,664.85 7,758,013.84 8,030,260.65
LIABILITIES - - -
OWNER’S EQUITY
Owner’s Equity, beg. 4,932,432 5,067,981.6 5,211,460.5
Add: Net Income 2,589,232.85 2,690,506.92 2,818,800.15
Total 7,521,664.85 7,758,013.84 8,030,260.65
Total Owner’s Equity, 7,521,664.85 7,758,013.84 8,030,260.65
end

SCHEDULE 1

PROJECTED SALES

Description 2025 2026 2027


7,290 8,680 9,920
Number of Pieces Sold
79.00 80.60 82.00
Multiply by Price (2% increase)

575,910 699,608 813,440


Total
729 868 992
Number of Boxes Sold
780.00 795.60 811.50
Multiply by Price (2% increase)

568,620 690,580.80 805,008


Total
1,144,530.00 1,390,188.8 1,618,440.00
Annual Projected Sales 0

Description 2025 2026 2027


7,290 8,680 9,920
Units Produced
0 18 22
Add: Beg. Finished Goods
Inventory
7,290 8,698 9,942
Total Goods Available for Sale
18 22 25
Less: Ending Finished Goods
Inventory
7,272 8,676 9,917
Units Sold
SCHEDULE 2

PROJECTED UNITS SOLD

SCHEDULE 3

PROJECTED ENDING INVENTORY

Description 2025 2026 2027


7,290 8,680 9,920
Annual Production
12 12 12
Divide by Number of Months
606 723 827
Monthly Production
3% 3% 3%
Multiply by Ending Inventory Rate
Ending Finished Goods 18 22 25
Inventory
Ending Finished Goods Inventory is Equal to 3% of the firm’s monthly production at its
maximum capacity.

SCHEDULE 4

COST OF GOOD SOLD


SCHEDULE 5

PURCHASE OF RAW MATERIALS

Description 2025 2026 2027


January- March
Coconut 2,700.00 2,781.00 2,864.43

Shampoo Kit 1,200.00 1,236.00 1,273.08

Shampoo Bottles 27,000.00 27,810.00 28,644.30

Total 30,900 31,827 32,781.81


April- June
Coconut 2,700.00 2,781.00 2,864.43

Shampoo Kit 1,200.00 1,236.00 1,273.08

Shampoo Bottles 27,000.00 27,810.00 28,644.30

Total 30,900 31,827 32,781.81


July- September
Coconut 2,700.00 2,781.00 2,864.43

Shampoo Kit 1,200.00 1,236.00 1,273.08

Shampoo Bottles 27,000.00 27,810.00 28,644.30

Total 30,900 31,827 32,781.81


October- December
Coconut 2,700.00 2,781.00 2,864.43

Shampoo Kit 1,200.00 1,236.00 1,273.08

Shampoo Bottles 27,000.00 27,810.00 28,644.30

Total 30,900 31,827 32,781.81


Total Annual Purchases 123,600 127,308 131,127.24

SCHEDULE 6
RAW MATERIALS ENDING INVENTORY

SCHEDULE 7

DIRECT LABOR

Description 2025 2026 2027


Gross Annual 127,660
Salary
Multiply by the
number of
employees
SCHEDULE 8
SSS CONTRIBUTION

Period Rate Month No. of Annual No. of Employee’s Employer’s


per ly Mont Salary Worke Contribution Contribution
Day Salary hs rs
Month Annua Month An
ly lly ly l
2025 EE EE ER E
Manage 1,100 28,600 12 343,200 1 900 900 10800 190 1900 22
r 0
Assistan 800 20,800 12 249,600 1 900 900 10800 190 1900 22
t 0
Manage
r
Producti 430 11,180 12 134,160 5 495 2475 29700 104 5225 62
on 5
Workers
Cashier 430 11,180 12 134,160 495 495 5940 104 1045 12
5
Delivery 430 11,180 12 134,160 1 495 495 5940 104 1045 12
Man
5

Total 5265 63180 11115 13


2026

Manage 1,144 29,744 12 356928 1 900 900 10800 190 1900 22


r 0
Assistan 864 22,464 12 269568 1 900 900 10800 190 1900 22
t 0
Manage
r
Producti 447.2 11,627 12 139526. 5 517. 2587.5 31050 161 8050 96
on .2 4 50 0 0
Workers
Cashier 447.2 11,627 12 139526. 1 517. 517.50 6210 161 1610 19
.2 4 50 0
Delivery 447.2 11,627 12 139526. 1 517. 517.50 6210 161 1610 19
Man .2 4 50 0
Total 5422.5 65070 15070 18
0
2027

Manage 1189. 30933. 12 371205. 1 900 900 10800 190 1900 22


r 76 76 12 0
Assistan 898.5 23362. 12 280350. 1 900 900 10800 190 1900 22
t 6 56 72 0
Manage
r
Producti 465.0 12092. 12 145108. 5 540 2700 32400 114 5700 68
on 9 34 08 0
Workers
465.0 12092. 12 145108. 1 540 540 6480 114 1140 13
9 34 08 0
Delivery 465.0 12092. 12 145108. 1 540 540 6480 114 1140 13
Man 9 34 08 0
Total 5580 66960 11780 14

The above computation is based on the contribution table provided by the SSS.

SCHEDULE 9

ALLOCATION OF SSS CONTRIBUTION

Description 2025 2026 2027

Factory Overhead 88920 120560 94200

Selling Expense 44460 60280 47100

133380 180840 141300

Allocating SSS contribution is based on the following: one (1) manager and five (5)

production workers comprise factory overhead cost, and one (1) cashier and one (1)

delivery man for selling expense.

SCHEDULE 10

ACCRUED SSS CONTRIBUTION

Description 2025 2026 2027


Total Contribution 133380 180840 141300

Add: Accrued SSS, beginning 11115 15070 11780

Total 144495 195910 153080

Less: Payments

Prior Year 11115 15070 11780

Current Year 122265 165770 129520

Total 133380 180840 141300


SCHEDULE 8
PHILHEALTH CONTRIBUTION
Accrued SSS Contribution 11115 15070 11780

Period Rate Monthly No. of Annual No. of Employee’s Employer’s C


per Salary Mont Salary Work Contribution
Day hs ers
Mont Annual Mont
hly ly hly
2025 EE EE ER
Manager 1100 28600 12 343200 1 1430 1430 17160 1430 1430

Assistant 800 20800 12 249600 1 1040 1040 12480 1040 1040


Manager
Producti 430 11180 12 134160 5 559 2795 33540 559 2795
on
Workers
Cashier 430 11180 12 134160 1 559 559 6708 559 559

Delivery 430 11180 12 134160 1 559 559 6708 559 559


Man
Total 6380 76596 6380

2026

Manager 1144 29744 12 356928 1 1487 1487. 17846.4 1487 1487.

.2 2 .2 2

Assistant 864 22464 12 269568 1 1123 1123, 13478.4 1123 1123.


Manager
.2 2 .2 2

Producti 447.2 11627.2 12 139526.4 5 581. 2906. 34881.6 581. 2906.


on
Workers 36 8 36 8

Cashier 447.2 11627.2 12 139526.4 1 581. 581.3 6976.32 581. 581.3

36 6 36 6

Delivery 447.2 11627.4 12 139526.4 1 581. 581.3 6976.32 581. 581.3


Man
36 6 36 6

Total 6679. 80159.0 6679.

92 4 92

2027

Manager 1189. 30933.76 12 371205.12 1 1546 1546. 18560.4 1546 1546.

76 .7 7 .7 7

Assistant 898.5 23362.56 12 280350.72 1 1168 1168. 14017.2 1168 1168.


Manager
6 .1 1 .1 1

Producti 465.0 12092.34 12 145108.08 5 604. 3023. 36306 604. 3023.


on
Workers 9 7 5 7 5

465.0 12092.34 12 145108.08 1 604. 604.7 7256.4 604. 604.7

9 7 7

Delivery 465.0 12092.34 12 145108.08 1 604. 604.7 7256.4 604. 604.7


Man
9 7 7

Total 6847. 82172.4 6847.

7 7
SCHEDULE 12

ACCRUED PHILHEALTH CONTRIBUTION

Description 2025 2026 2027

Total Contribution 76596 80159.04 82172.4

Add: Accrued PhilHealth, Beg 6380 6679.92 6847.7

Total 82976 86838.96 89020.1

Less: Payments

Prior Year 6380 6679.92 6847.70

Current Year 70216 73479.12 75324.70

Total 76596 80159.04 6847.70

Accrued PhilHealth Contribution 6380 6679.92 6847.70

Accrued PhilHealth contribution are those that are incurred by the firm during the last

month of the reporting year but to be paid on the following month

SCHEDULE 13

ALLOCATION OF PHILHEALTH CONTRIBUTION

Description 2025 2026 2027

Factory Overhead 51064 53439.36 54781.6

Selling Expenses 25532 26719.68 27390.8

Total 76596 80159.04 82172.4


Period Rate Monthl No. Annual No. of Employee’s Employer’s
per y of Salary Worke Contribution Contribution
Day Salary Mont rs
hs
Month Annual Month Annual
ly ly ly ly
2025 EE EE ER ER

Manager 1100 28600 12 343200 1 20 200 2400 20 200 2400

0 0

Assistant 800 20800 12 249600 1 20 200 2400 20 200 2400


Manager
0 0

Producti 430 11180 12 134160 5 20 1000 12000 20 1000 12000


on
Workers 0 0

Cashier 430 11180 12 134160 1 20 200 2400 20 200 2400

0 0

Delivery 430 11180 12 134160 1 20 200 2400 20 200 2400


Man
0 0

Total 1800 21600 1800 21600

2026

Manager 1144 29744 12 356928 1 20 200 2400 20 200 2400

0 0

Assistant 864 22464 12 269568 1 20 200 2400 20 200 2400


Manager
0 0

Producti 447.2 11627. 12 139526. 5 20 1000 12000 20 1000 12000


on
Workers 2 4 0 0

Cashier 447.2 11627. 12 139526. 1 20 200 2400 20 200 2400

2 4 0 0

Delivery 447.2 11627. 12 139526. 1 20 200 2400 20 200 2400


Man
2 4 0 0

Total 1800 21600 1800 21600

2027

Manager 1189. 30933. 12 371205. 1 20 200 2400 20 200 2400


SCHEDULE 15

ALLOCATION OF PAG-IBIG CONTRIBUTION

Description 2025 2026 2027

Factory Overhead 14400 14400 14400

Selling Expenses 7200 7200 7200

Total 21600 21600 21600

SCHEDULE 16

ACCRUED PAG-IBIG CONTRIBUTION

Description 2025 2026 2027

Total Contribution 21600 21600 21600

Add: Accrued Pag-IBIG, Beg. 1800 1800 1800

Total 23400 23400 23400

Less: Payments

Prior Year 1800 1800 1800

Current Year 19800 19800 19800

Total 21600 21600 21600

Accrued Pag-IBIG Contribution 1800 1800 1800

Accrued Pag-IBIG contribution are those that are incurred by the firm during the last
month of the reporting year but to be paid on the following month.

SCHEDULE 17

UTILITIES EXPENSE
Description 2025 2026 2027
Electricity 6,000.00 6,180.00 6,368.40
Internet 1,150.00 1,184.50 1,220.04
Water 550.00 566.50 583.50
Total Monthly Bills 7,700.00 7,931.00 8,169.30
Multiply by 7 months 7 7 7
Total 53,900.00 55,517.00 57,185.10
Electricity 6,180.00 6,365.40 6,556.36
Internet 1,184.50 1.220.04 1,256.64
Water 7,931.00 8,168.93 8,413.10
Total Monthly Bills 15,295.50 15,754.37 16,226.10
Multiply by 5 months 5 5 5
Total 76,477.50 78,771.85 81,130.50
Total Utilities Expense 130,377.5 143,288.85 138,315.60
SCHEDULE 18

ALLOCATION OF UTILITIES EXPENSE

Description Rates 2025 2026 2027


Factory Overhead 75% 97,781.63 100,716.64 103,736.70
Selling Expense 25% 32,593.88 33,572.21 34,578.90
Total 100% 130,375.50 134,288.85 138,315.60
Utilities Expense are allocated based on the following: 75% Factory Overhead, 25%
Selling Expense

Description 2025 2026 2027


Utilities Expense 130,375.50 134,288.85 138,315.6
Add: Accrued Expense, beg - 15,754.37 16,226.10
Total 130,375.50 142,219.85 146,484.90
Less: Payments
Prior - 15,754.37 16,226.10
Current 114,621.13 126,465.48 130,258.80
Accrued Utilities Expense 15,754.37 16,226.10 16,712.88
SCHEDULE 19

ACCRUED UTILITIES EXPENSE

SCHEDULE 20

SALARIES EXPENSE

Description 2025 2026 2027


Manager
Daily Salary 1,100.00 1,144.00 1,189.76
x no. of days 26 26 26
Monthly Salary 28,600.00 29,744.00 30,933.76
x no. of months 12 12 12
Annual Salary 343,200.00 356,928.00 371,205.12
Assistant Manager
Daily Salary 800.00 864.00 898.56
x no. of days 26 26 26
Monthly Salary 20,800.00 22,464.00 23,362.56
x no. of months 12 12 12
Annual Salary 249,600.00 269,568.00 280,350.72
Cashier
Daily Salary 430.00 447.20 465.09
x no. of days 26 26 26
Monthly Salary 11,180.00 11,627.20 12,092.34
x no. of months 12 12 12
Annual Salary 134,160.00 139,526.40 145,108.08
Production Worker
Daily Salary 430.00 447.20 465.09
x no. of days 26 26 26
Monthly Salary 11,180.00 11,627.20 12,092.34
x no. of months 12 12 12
Annual Salary 134,160.00 139,526.40 145,108.08
Delivery Driver
Daily Salary 430.00 447.20 465.09
x no. of days 26 26 26
Monthly Salary 11,180.00 11,627.20 12,092.34
x no. of months 12 12 12
Annual Salary 134,160.00 139,526.40 145,108.08
Total Salaries Expense 995,280.00 1,045,075.20 1,086,880.08

Salaries expense of the employees are to be increased by 4% each year starting June.

SCHEDULE 21

ACCRUED EXPENSE
SCHEDULE 22

OFFICE SUPPLIES PURCHASE

DESCRIPTI QUANTI UNIT 2026 INCRE 2027 INCRE 2028


ON TY PRIC SE SE
E Total Total Total
3% 3%

Logbook 1 60.00 60.00 1.80 61.80 1.85 63.65


Printer 2 120.00 240.00 7.2 247.20 7.42 254.62
Printer Ink 5 350.00 1,750. 52.50 1,802.5 54.08 1,856.5
00 0 8
Scissors 4 20.00 80.00 2.40 82.40 2.47 84.87
Tripod 2 210.00 420.00 12.60 432.60 13 445.60
Folders 5 5.00 25.00 0.75 25.75 0.77 26.52
Quality
Papers for 5boxes 1,485.0 7250.0 222.75 7,472.5 224.18 7,696.6
Printing 0 0 0 8
Total Office Supplies Purchases 9,825. 10,124. 10,428.
00 75 52

The prices of office supplies are expected to increase by 3% each year.

SCHEDULE 23
OFFICE SUPPLIES EXPENSE

Description 2025 2026 2027


Total Office Supplies 9,825.00 9,825.00 9,825.00
Purchases
Less: Ending Inventory - - -
Office Supplies Expense 9,825.00 9,825.00 9,825.00

SCHEDULE 24

CLEANING SUPPLIES PURCHASE

Description 2025 2026 2027


Broom 110.00 113.30 116.70
Dustpan 120.00 123.60 127.31
Mop 210.00 216.30 222.79
Trash Bin 274.00 282.22 290.69
Total Cleaning Supplies 714.00 735.42 757.49
Purchases
Prices of cleaning supplies are expected to increase by 3% per year.

SCHEDULE 25

CLEANING SUPPLIES EXPENSE

Description 2025 2026 2027


Total Cleaning Supplies 714.00 735.42 757.49
Expense
Less: Ending Inventory - - -
Cleaning Supplies Expense 714.00 735.42 757.49
Description Rates 2025 2026 2027
Production 60% 428.40 441.24 454.49
Selling 25% 178.50 183.85 189.37
Administrative 15% 107.10 110.31 113.62
Total Cleaning Supplies Expense 100% 714.00 735.40 757.49

SCHEDULE 26

ALLOCATION OF CLEANING SUPPLIES EXPENSE

Cleaning Supplies are allocated as follows: 60% for Production, 25% for Selling and 15%
for Administrative Cost.

SCHEDULE 27

Description 2025 2026 2027


PRODUCTION
Monthly Rental 10,000.00 10,300.00 10,609.00
Multiply by 12 Months 12 12 12
Annual Rental 120,000.00 123,600.00 127,308.00
Prepaid Rent 20,000.00 20,600.00 21,218.00
Total Annual Rent 140,000.00 144,200.00 148,526.00
RENT EXPENSE

Rental cost will increase by 3% each year.

SCHEDULE 28

DEFFERED RENT EXPENSE

Description 2025 2026 2027


Deferred Rent Expense, Beg. - 10,000.00 10,000.00
Add: Payments 150,000.00 123,600.00 127,308.00
Total Payments 150,000.00 133,600.00 137,308.00
Less: Rent Expense 140,000.00 123,600.00 127,308.00
Deferred Rent Expense, End
10,000.00 10,000.00 10,000.00
Description 2025 2026 2027
FIRST SEMESTER
Tarpaulins 600.00 618.00 636.54
Flyers 500.00 515.00 530.00
Total 1,100.00 1,133.00 1,166.54
SECOND SEMESTER
Flyers 515.00 530.45 545.90
Total Annual Advertising 1,615.00 1,663.45 1,712.44
Expense

SCHEDULE 29

ADVERTISING EXPENSE

Advertising Expense will increase by 3% each year.

SCHEDULE 30

LEASEHOLD IMPROVEMENTS, NET

Description 2025 2026 2027


Book Value 16,404.00 16,404.00 16,404.00

Less: Accumulated Depreciation Schedule 3,280.80 6,561.60 9,842.40


32
Leasehold Improvements, net 13,123.20 9,842.40 6,561.60
SCHEDULE 31

LEASEHOLD IMPROVEMENTS DEPRECIATION EXPENSE

Description 2025 2026 2027

Leasehold Improvements Book 16,404.00 16,404.00 16,404.00


Value
Divided by 5 years 5 5 5

Leasehold Improvements 3,280.80 3,280.80 3,280.80


Depreciation Expense

SCHEDULE 32

Description 2025 2026 2027

Accumulated Depreciation, - 3,280.80 6,561.60


Beg.

Add: Depreciation Schedule 3,280.80 3,280.80 3,280.80


Expense 31

Accumulated 3,280.80 6,561.60 9,842.40


Depreciation, End

LEASEHOLD IMPROVEMENTS ACCUMULATED DEPRECIATION


SCHEDULE 33

ALLOCATION OF LEASEHOLD IMPROVEMENTS DEPRECIATION


EXPENSE

Description Rates 2025 2026 2027

Factory Overhead 75% 2,460.60 2,460.60 2,460.60

Administrative 25% 820.20 820.20 820.20


Expenses

Annual 100% 3,280.80 3,280.80 3,280.80


Depreciation
Expenses

SCHEDULE 34

Description 2025 2026 2027


Electric Coconut Shredder
Book Value 1,580.00 1,580.00 1,580.00
Less: Accumulated Schedule 316.00 632.00 948.00
Depreciation 36

Production Equipment, net 1,264.00 948.00 632.00

Total Production Equipment 1,264.00 948.00 632.00


Year-end Balance

PRODUCTION EQUIPMENT, NET


SCHEDULE 35

PRODUCTION EQUIPMENT DEPRECIATION EXPENSE

Description 2025 2026 2027


Electric Coconut Shredder
Book Value 1,580.00 1,580.00 1,580.00
Divided by 5 5 5
Estimated Useful
life

Annual 316.00 316.00 316.00


Depreciation
Expense

Depreciation
Expense

SCHEDULE 36

PRODUCTION EQUIPMENT ACCUMULATED DEPRECIATION

Description 2025 2026 2027


Electric Coconut Shredder
Accumulated - 316.00 632.00
Depreciation, Beg.

Add: Depreciation Schedule 35 316.00 316.00 316.00


Expense
Accumulated 316.00 632.00 948.00
Depreciation, End
Total Production
Equipment
Accumulated
Depreciation
AZ

SCHEDULE 37

OFFICE FURNITURE AND FIXTURE DEPRECIATION EXPENSE

Description 2025 2026 2027


SOFA
Book Value 9,999.00 9,999.00 9,999.00
Divided by Estimated Useful life 5 5 5

Annual Depreciation Expense 1,999.80 1,999.80 1,999.80

CHAIR SOFA
Book Value 1,469.00 1,469.00 1,469.00
Divided by Estimated Useful life 5 5 5

Annual Depreciation Expense 293.80 293.80 293.80

CABINET
Book Value 2,699.00 2,699.00 2,699.00
Divided by Estimated Useful life 5 5 5

Annual Depreciation Expense 539.80 539.80 539.80

WOODEN TABLE
Book Value 1,199.00 1,199.00 1,199.00
Divided by Estimated Useful life 5 5 5

Annual Depreciation Expense 239.80 239.80 239.80

DESKTOP TABLE
Book Value 1,400.00 1,400.00 1,400.00
Divided by Estimated Useful life 5 5 5

Annual Depreciation Expense 280.00 280.00 280.00

CENTER TABLE
Book Value 1,200.00 1,200.00 1,200.00
Divided by Estimated Useful life 5 5 5

Annual Depreciation Expense 240.00 240.00 240.00

SMALL CABINET/ DRAWER


Book Value 668.00 668.00 668.00
Divided by Estimated Useful life 5 5 5

Annual Depreciation Expense 133.60 133.60 133.60

PAINTINGS
Book Value 1,000.00 1,000.00 1,000.00
Divided by Estimated Useful life 5 5 5

Annual Depreciation Expense 200.00 200.00 200.00


MINISHELF
Book Value 649.00 649.00 649.00
Divided by Estimated Useful life 5 5 5

Annual Depreciation Expense 129.80 129.80 129.80

MIRROR
Book Value 499.00 499.00 499.00
Divided by Estimated Useful life 5 5 5

Annual Depreciation Expense 99.50 99.50 99.50

CHAIR
Book Value 1,300.00 1,300.00 1,300.00
Divided by Estimated Useful life 5 5 5

Annual Depreciation Expense 260.00 260.00 260.00


Total Office Furniture and Fixtures 4,416.10 4,416.10 4,416.10
Depreciation Expense
SCHEDULE 38

OFFICE FURNITURE AND FIXTURE ACCUMULATED DEPRECIATION

Description 2025 2026 2027


Sofa
Accumulated Depreciation, - 1,999.80 3,999.60
Beg.
Add: Depreciation Expense Schedule 37 1,999.80 1,999.80 1,999.80
Accumulated Depreciation, 1,999.80 3,999.60 5,999.40
End
Chair Sofa
Accumulated Depreciation, - 293.80 587.60
Beg.
Add: Depreciation Expense Schedule 37 293.80 293.80 293.80
Accumulated Depreciation, 293.80 587.60 881.40
End
Cabinet
Accumulated Depreciation, - 539.80 1,079.60
Beg.
Add: Depreciation Expense Schedule 37 539.80 539.80 539.80
Accumulated Depreciation, 539.80 1,079.60 1,619.40
End
Wooden Table
Accumulated Depreciation, - 239.80 479.6
Beg.
Add: Depreciation Expense Schedule 37 239.80 239.80 239.8
Accumulated Depreciation, 239.80 479.60 719.40
End
Desktop Table
Accumulated Depreciation, - 280.00 560.00
Beg.
Add: Depreciation Expense Schedule 37 280.00 280.00 280.00
Accumulated Depreciation, 280.00 560.00 840.00
End
Center Table
Accumulated Depreciation, - 240.00 480.00
Beg.
Add: Depreciation Expense Schedule 37 240.00 240.00 240.00
Accumulated Depreciation, 240.00 480.00 720.00
End
Small Cabinet/ Drawer
Accumulated Depreciation, - 133.60 267.20
Beg.
Add: Depreciation Expense Schedule 37 133.60 133.60 133.60
Accumulated Depreciation, 133.60 267.20 400.80
End
Paintings
Accumulated Depreciation, - 200.00 400.00
Beg.
Add: Depreciation Expense Schedule 37 200.00 200.00 200.00
Accumulated Depreciation, 200.00 400.00 600.00
End
Minishelf
Accumulated Depreciation, - 129.80 259.60
Beg.
Add: Depreciation Expense Schedule 37 129.80 129.80 129.80
Accumulated Depreciation, 129.80 259.60 389.40
End
Mirror
Accumulated Depreciation, - 99.50 199.00
Beg.
Add: Depreciation Expense Schedule 37 99.50 99.50 99.50
Accumulated Depreciation, 99.50 199.00 298.5
End
Chair
Accumulated Depreciation, - 260.00 520.00
Beg.
Add: Depreciation Expense Schedule 37 260.00 260.00 260.00
Accumulated Depreciation, 260.00 520.00 780.00
End
Total Office Furniture and 4,416.10 8,400.20 13,248.30
Fixtures Accumulated
Depreciation
SCHEDULE 39

OFFICE FURNITURE AND FIXTURE, NET

Description 2025 2026 2027


Sofa
Book Value 9,999.00 9,999.00 9,999.00
Less: Accumulated Schedule 37 1,999.80 3,999.60 5,999.40
Depreciation
Production Equipment, 7,999.20 5,999.40 3,999.6
net
Chair Sofa
Book Value 1,469.00 1,469.00 1,469.00
Less: Accumulated Schedule 37 293.80 587.60 881.40
Depreciation
Production Equipment, 1,175.20 881.40 587.40
net
Cabinet
Book Value 2,699.00 2,699.00 2,699.00
Less: Accumulated Schedule 37 539.80 1,079.60 1,619.40
Depreciation
Production Equipment, 2,159.20 1,079.60
net
1,619.40
Wooden Table
Book Value 1,199.00 1,199.00 1,199.00
Less: Accumulated Schedule 37 239.80 479.60 719.40
Depreciation
Production Equipment, 959.2 719.40 479.60
net
Desktop Table
Book Value 1,400.00 1,400.00 1,400.00
Less: Accumulated Schedule 37 280.00 560.00 840.00
Depreciation
Production Equipment, 1,120.00 840.00 560.00
net
Center Table
Book Value 1,200.00 1,200.00 1,200.00
Less: Accumulated Schedule 37 240.00 480.00 720.00
Depreciation
Production Equipment, 960.00 720.00 480.00
net
Small Cabinet/ Drawer
Book Value 668.00 668.00 668.00
Less: Accumulated Schedule 37 133.60 267.20 400.80
Depreciation
Production Equipment, 534.40 400.80 267.20
net
Paintings
Book Value 1,000.00 1,000.00 1,000.00
Less: Accumulated Schedule 37 200.00 400.00 600.00
Depreciation
Production Equipment, 800.00 600.00 400.00
net
Minishelf
Book Value 649.00 649.00 649.00
Less: Accumulated Schedule 37 129.80 259.60 389.40
Depreciation
Production Equipment, 519.20 389.40 259.60
net
Mirror
Book Value 499.00 499.00 499.00
Less: Accumulated Schedule 37 99.50 199.00 298.50
Depreciation
Production Equipment, 399.50 300 200.50
net
Chair
Book Value 1,300.00 1,300.00 1,300.00
Less: Accumulated Schedule 37 260.00 520.00 780.00
Depreciation
Production Equipment, 1,040.00 780.00 520.00
net
Total Office Furniture 17,665.90 11,630.40 8,843.50
and Fixtures Year-end
Balance
SCHEDULE 40

KITCHEN FURNITURES AND FIXTURES DEPRECIATION EXPENSE

Description 2025 2026 2027


KITCHEN CABINET
Book Value 1,250.00 1,250.00 1,250.00
Divide by Estimated Useful Life 5 5 5
Annual Depreciation Expense 250.00 250.00 250.00
PRODUCTION TABLE
Book Value 4,000.00 4,000.00 4,000.00
Divide by Estimated Useful Life 5 5 5
Annual Depreciation Expense 800.00 800.00 800.00
STOCK RACK
Book Value 1,800.00 1,800.00 1,800.00
Divide by Estimated Useful Life 5 5 5
Annual Depreciation Expense 360.00 360.00 360.00
HORN STOOL CHAIR
Book Value 350.00 350.00 350.00
Divide by Estimated Useful Life 5 5 5
Annual Depreciation Expense 70.00 70.00 70.00
FIRE EXTINGUISHER
Book Value 3,000.00 3,000.00 3,000.00
Divide by Estimated Useful Life 5 5 5
Annual Depreciation Expense 600.00 600.00 600.00
Total Kitchen Furniture and
Fixtures Depreciation Expense 2,080.00 2,080.00 2,080.00
SCHEDULE 41

KITCHEN FURNITURES AND FIXTURES ACCUMULATED DEPRECIATION

Description 2026 2027 2028


KITCHEN CABINET
Accumulated Depreciation, Beg. - 250.00 500.00
Add: Depreciation Expense Sched 250.00 250.00 250.00

Accumulated Depreciation, End 250.00 500.00 750.00


PRODUCTION TABLE
Accumulated Depreciation, Beg. - 800.00 1,600.00
Add: Depreciation Expense Sched 800.00 800.00 800.00
Accumulated Depreciation, End 800.00 1,600.00 2,400.00
STOCK RACK
Accumulated Depreciation, Beg. - 360.00 720.00
Add: Depreciation Expense Sched 360.00 360.00 360.00
Accumulated Depreciation, End 360.00 720.00 1,080.00
HORN STOOL CHAIR
Accumulated Depreciation, Beg. - 70.00 140.00
Add: Depreciation Expense Sched 70.00 70.00 70.00
Accumulated Depreciation, End 70.00 140.00 210.00
FIRE EXTINGUISHER
Accumulated Depreciation, Beg. - 600.00 1,200.00
Add: Depreciation Expense Sched 600.00 600.00 600.00
Accumulated Depreciation, End 600.00 1,200.00 1,800.00
Total Production Equipment
Accumulated Depreciation 2,080.00 4,160.00 6,240.00
SCHEDULE 42

KITCHEN FURNITURES AND FIXTURES, NET

Description 2026 2027 2028


KITCHEN CABINET
Book Value 1,250.00 1,250.00 1,250.00
Less: Accumulated Depreciation Sched 250.00 500.00 750.00

Production Equipment, net 1,000.00 750.00 1,180.00


PRODUCTION TABLE
Book Value 4,000.00 4,000.00 4,000.00
Less: Accumulated Depreciation Sched 800.00 1,600.00 2,400.00
Production Equipment, net 3,200.00 2,400.00 1,600.00
STOCK RACK
Book Value 1,800.00 1,800.00 1,800.00
Less: Accumulated Depreciation Sched 360.00 720.00 1,080.00
Production Equipment, net 1,440.00 1,080.00 620.00
HORN STOOL CHAIR
Book Value 350.00 350.00 350.00
Less: Accumulated Depreciation Sched 70.00 140.00 210.00
Production Equipment, net 280.00 210.00 140.00
FIRE EXTINGUISHER
Book Value 3,000.00 3,000.00 3,000.00
Less: Accumulated Depreciation Sched 600.00 1,200.00 1,800.00
Production Equipment, net 2,400.00 1,800.00 1,200.00
Total Kitchen Furnitures and
Fixtures Year-end Balance 8,320.00 6,240.00 4,740.00
SCHEDULE 43

DELIVERY EQUIPMENT, NET

Description 2026 2027 2028


DELIVERY TRUCK
Book Value 50,000.00 45,833.33 41,666.66
Less: Accumulated Depreciation Sched 4,166.67 8,333.34 12,500.01
Production Equipment, net 45,833.33 41,666.66 37,499.99
Total Delivery Equipment Year-
End Balance 45,833.33 41,666.66 37,499.99

SCHEDULE 44

Description 2026 2027 2028


DELIVERY TRUCK
Book Value 50,000.00 50,000.00 50,000.00
Divide by Estimated Useful Life 12 12 12
Annual Depreciation Expense 4,166.67 4,166.67 4,166.67
Total Delivery Equipment Depreciation
Expense 4,166.67 4,166.67 4,166.67
DELIVERY EQUIPMENT DEPRECIATION EXPENSE

SCHEDULE 45

Description 2026 2027 2028


DELIVERY TRUCK
Accumulated Depreciation, Beg. - 4,166.67 8,333.34
Add: Depreciation Expense Sched 4,166.67 4,166.67 4,166.67
Accumulated Depreciation, End 4,166.67 8,333.34 12,500.01
Total Delivery Equipment
Accumulated Depreciation 4,166.67 8,333.34 12,500.01
DELIVERY EQUIPMENT ACCUMULATED DEPRECIATION

Description 2026 2027 2028

CHAPTER VIII
SOCIO-ECONOMIC DESIRABILITY

The goal of this study is to enhance whatever seems to be necessary and essential to

our daily lives by examining how economic activity affects the performance of the

proposed business. By being accountable for the effects of its operations on clients, staff,

neighbors, the community, the environment, and the nation. A business should contribute

to the overall welfare of the economy in order to achieve its goal. Awareness of this issue

demonstrates the company’s concern not only for profit maximization but also for its

internal and external environments.

In this chapter, the various benefits for both social and economic aspects will be

listed, should the proposed project prove to be feasible.

CUSTOMERS

The company provides high-quality products. Customer satisfaction is the business’s

top priority in order to maintain good relationships with them. The company is designed

to be able to add more features that will provide customers which are effective in

eliminating lice, as well as substance like coconut oil to enhance their effectiveness.

EMPLOYEES

The company will create new job opportunities for people who have the necessary

skills for the job. With the jobs available and the wages they can earn, they will be able to

contribute to the local economy and employment, allowing families to earn money and

meet their basic needs.


LOCAL

Implementation of the proposed business can greatly contribute to the government

in terms of revenues derived from taxes and legal aspects, including permits and licenses.

This can lead to an increase in the revenue of the Local Government Unit (LGU) of

Tagbilaran City. This only means that there will be a lot of funds allocated for

community development.

MUNICIPALITY

The proposed business is beneficial to the municipality in terms of economic and

social development. The sprouting of new businesses is essential for creating jobs.

Through these job opportunities, residents will gain income, which can uplift their

standard of living and reduce poverty rates in the area. It could also raise the position of

Tagbilaran City in the community, which will greatly influence its improvement and

development. This mainly implies that the proposed business will directly benefit the

residents of Tagbilaran City and will give them a greater opportunity to move to a higher-

class municipality. Therefore, it will definitely contribute to the social and economic

development of Tagbilaran.

ENVIRONMENT

Environment is something that people are very familiar with in many ways. The

business gets inputs, information and technology from the environment and offers it back

in the form of outputs like goods. If these outputs are accepted by the environment, the

environment and business interaction continues, however, if they are unacceptable to the

environment, firms adapt to the environmental requirements and change their process.
The environmental give and promote sustainable practices will benefit the business

organization.

COUNTRY

Economic growth enables a country to improve the standard of living of its people,

which means more job opportunities for everyone and also see an increase in its fiscal

environment. From a business perspective, a nation with a stable fiscal condition and a

growing economy serve as important factors for the establishment, growth, and

expansion of businesses. Furthermore, new discoveries allow people to try things they

have never tried before.

CHAPTER IX

STRENGTHS, WEAKNESSES, OPPORTUNITIES AND THREATS ANALYSIS

Every company is different and has advantages and disadvantages in relation to other

businesses. Unpredictable events and business challenges can have both beneficial and

bad effects on a company’s performance, it is crucial to assess factors that may work to

our favor before establishing a business rather than after we have already established it.

Every aspect of our company must be known and understood by us as the owners and we

must constantly ensure that we have a backup plan in place in case a challenge or issue

arises so that we can at least partially mitigate the loss or completely eliminate it.

Knowing the potential opportunities and challenges that the business may face may give
us an advantage and can help provide a much greater sense of security to our business.

The careful identification of these various factors is known as the Strength, Weakness,

Opportunities and Threats (SWOT) Analysis. This is done to aid the company’s actual

evaluation so that it can meet its goals for future growth. The SWOT matrix for the

suggested study is presented below.

STRENGHTS

Every business has unique strengths that set it apart from other existing businesses. This

strength can be seen as an advantage and can have an influence on how well the business

will perform in the future. Knowing and recognizing your business's strength can help

you continually improve the performance of your business.

Natural and Gentle Formulation

Being infused with coconut, a known natural ingredient with nourishing properties, the

shampoo offers a safe and non-toxic solution for both adults and children. This is

particularly appealing to parents seeking effective yet gentle products for their children,

as it avoids the harsh chemicals often found in conventional lice treatments.

Additionally, the coconut-infused formula not only helps to eliminate lice but also

nourishes the hair and scalp, leaving them healthy and moisturized. This dual

functionality enhances the product's appeal, as it provides not only a treatment for a

specific issue but also ongoing benefits for overall hair health.
Pleasant Aroma

Unlike many lice treatments that have strong chemical odors, this shampoo offers a

refreshing coconut scent and a touch of three other different scents that makes the

treatment process more enjoyable. This can be particularly beneficial for children, as the

pleasant smell can help make the treatment feel less like a chore.

Packaging and Branding

The use of terms like "AromaCoat" and "Coconut" in the product name and description

evoke a sense of luxury and naturalness, which can attract consumers looking for

premium and environmentally friendly products.

In conclusion, LiceGuard AromaCoat Anti-Lice Coconut Shampoo stands out in the

market for its natural formulation, gentle yet effective treatment, pleasant aroma, and

appealing packaging. These strengths make it a compelling choice for consumers seeking

a safe, effective, and pleasant lice treatment solution.

WEAKNESSES
Despite how significant their effects are, all strengths have their weaknesses. These

are the flaws’ present in all organizations. Even if a firm naturally has a lot of advantages,

its drawbacks will always be present.

Allergic Reactions or Skin Sensitivities

While natural ingredients are generally considered safer than chemicals, they can still

cause reactions in some individuals. This risk may deter consumers with sensitive skin or

allergies from trying the product, limiting its potential market reach. Additionally, the

pleasant coconut aroma, while a strength for many consumers, could be a weakness for

those who dislike or are allergic to coconut. This limitation could narrow the product's

appeal to a specific segment of the market, reducing its overall sales potential.

Price

Natural and organic products often come with a higher price tag, which could make this

shampoo less accessible to budget-conscious shoppers or those who prioritize

affordability over natural ingredients.

In conclusion, while LiceGuard AromaCoat Anti-Lice Coconut Shampoo offers several

strengths, including its natural formulation and pleasant aroma, it also has weaknesses

such as risk of allergic reactions, limited appeal to coconut-sensitive individuals, and a

higher price point. These weaknesses could impact its market competitiveness and appeal

to certain consumer segments.


OPPORTUNITIES

Any firm should take other aspects into account besides just internal ones. Beyond their

bounds, there are factors that might cause change, no matter how tiny or significant it is.

Opportunities are outside elements that benefit the company. Any management should

view them favorably and develop them to get best results.

Growing Demand for Natural and Organic Personal Care Products

As consumers become more health-conscious and environmentally aware, there is a

trend towards seeking natural alternatives to conventional products. LiceGuard

AromaCoat Anti-Lice Coconut Shampoo, with its natural formulation and gentle

approach, is well-positioned to capitalize on this trend and attract consumers looking for

safer, more sustainable lice treatment options.

Expanding Market for Child-friendly Products

Parents are increasingly seeking products that are safe and gentle for their children, and

the natural ingredients in LiceGuard AromaCoat Anti-Lice Coconut Shampoo make it a

compelling choice for this segment. By targeting parents and caregivers concerned about

the harsh chemicals in traditional lice treatments, the product can tap into a growing

market of families looking for safer alternatives.

The product's pleasant coconut aroma could be leveraged as a unique selling point.

Marketing campaigns emphasizing the natural and refreshing scent of the shampoo could

appeal to consumers looking for a more enjoyable lice treatment experience. This could

help differentiate the product from competitors and attract consumers who prioritize

sensory experiences in their personal care products.


Expand the Product Line

There is an opportunity to expand the product line to include complementary products,

such as conditioners or styling products, infused with similar natural ingredients. This

could create a cohesive product range that offers comprehensive hair care solutions while

capitalizing on the success and reputation of the original shampoo.

In conclusion, LiceGuard AromaCoat Anti-Lice Coconut Shampoo has several

opportunities for growth and market expansion, including the increasing demand for

natural and child-friendly products, the appeal of its pleasant aroma, and the potential to

expand its product range. By capitalizing on these opportunities, the brand can strengthen

its position in the market and attract a wider range of consumers.

THREATS

Threats and opportunities have a similar relationship in which one's weaknesses are

the opposite of one’s strength. In a world that is constantly changing, numerous outside

factors could emerge and push the company in the wrong directions. These are invariable

beyond the control of any organizations.

Competition

The market for lice treatment products is highly competitive, with several well-known

brands offering a range of solutions. These competitors may have larger marketing

budgets, stronger brand recognition, and established distribution channels, which could

make it challenging for LiceGuard AromaCoat Anti-Lice Coconut Shampoo to gain

market share.
Natural Products as Less Effective than Chemical-based Alternatives

While natural ingredients are often perceived as safer, some consumers may doubt their

efficacy, especially when it comes to treating stubborn lice infestations. This perception

could hinder the product's adoption among consumers who prioritize effectiveness over

natural ingredients.

Regulatory Challenges and Compliance Issues

As a personal care product, LiceGuard AromaCoat Anti-Lice Coconut Shampoo must

meet strict regulatory standards regarding its formulation, labeling, and marketing claims.

Any failure to comply with these regulations could result in fines, product recalls, or

damage to the brand's reputation.

Negative Reviews

Negative reviews or publicity could harm the product's reputation and sales. In the age of

social media and online reviews, a few negative experiences shared widely online can

significantly impact consumer perception and trust in a product. Ensuring high product

quality and addressing customer concerns promptly are crucial to mitigating this threat.

Economic Factors

Economic factors such as changes in consumer spending habits or economic downturns

could impact the product's sales. In times of economic uncertainty, consumers may be

more cautious with their spending and prioritize essential products over discretionary

items like lice treatment products.


In conclusion, LiceGuard AromaCoat Anti-Lice Coconut Shampoo faces several threats,

including competition from established brands, perceptions of natural products,

regulatory challenges, negative publicity, and economic factors. Addressing these threats

will require strategic marketing, product development, and customer engagement to

maintain its competitive edge in the market.

CHAPTER X

SUMMARY, FINDINGS, CONCLUSION, AND RECOMMENDATIONS

SUMMARY

This study was aimed to determine the feasibility and viability of the Proposed JJACS

Creative Space in Panglao, Bohol. Specifically, the following queries were answered:

1. Is the proposed project feasible in terms of the following aspects:

1.1. Technical;

1.2. Marketing;

1.3. Management;

1.4. Taxation and Legal;

1.5. Financing;

1.6. Financial;

1.7. Socio-Economic Desirability; and

1.8. Strengths, Weaknesses, Opportunities and Threats (SWOT) Analysis?

2. Based on the findings, what recommendations may be given for the proposed

project?

FINDINGS
The following findings have been achieved based on the data of the previous

chapters, to wit:

Technical Aspect

LiceGuard AromaCoat Anti-Lice Shampoo offers several benefits to consumers.

The shampoo is formulated to effectively eliminate lice and their eggs (nits) from the hair

and scalp. It contains natural ingredients, such as coconut oil, known for their potential

benefits for hair and scalp health. The shampoo is designed to be gentle on the scalp,

reducing the risk of irritation or discomfort. The shampoo has a pleasant aroma, making it

more enjoyable to use compared to some other lice treatment products.It can be used as a

regular shampoo, making it convenient for consumers to incorporate into their regular

hair care routine. The establishment will be located at TJ Pinlac Bldg., B. Inting Street,

Cogon District Tagbilaran City Bohol near Tagbilaran City Hall. It will be divided into

two - the information or cashier and the production area. The product focuses on making

the consumers be satisfied with the services they will receive like no other.

Marketing Aspect

The business's primary target customers are parents who want to find solutions for

such head lice problems in their kids and so with an individual who has been enduring the

head lice problem. The anti-lice coconut shampoo production site is situated in

Tagbilaran City, Bohol as it is a strategic location for a shampoo factory. Tagbilaran City

is the most suitable area for the establishments as it is the capital city of Bohol. It is

where malls and other commercial buildings are located. It is a perfect place to put the

shampoo factory for easy access on our distributers all around Bohol and it is also the

place where Boholanos most visited which is the source of our target customers. To
ensure that customers purchase a high-quality product, selecting a ingredients that holds

such quality is crucial for the business to achieve success. It sells High quality shampoo

product. The price is friendly for parents and for the community. The business's

marketing approach will be bolstered in a number of ways in order to maximize profit. To

clearly illustrate the product, everything will be kept simple. It is also thought that social

media platforms and flyers might aid in promotion.

Management Aspect

Five students will form a general partnership to run the aforementioned business

and they will contribute in the production of the anti-lice coconut shampoo. In a general

partnership, each partner has an equal share of the assets and is responsible for managing

the company on an equal footing with the other partners. The position in the business is

monitored beforehand through the job description laid out by the management. The

employees will be paid ₱430.00 for the minimum wage earner in the first year and shall

increase every year in the first 3 years of the business. All employees will be subject to

benefits such as SSS, PhilHealth, and PAGIBIG. To maintain good internal controls,

there are policies that the employees must abide by and failure to do so will be

tantamount to certain sanctions.

Legal and Taxation Aspect

For the business’ existence to be valid and acknowledged, permits and licenses have to be

complied with. Starting with the name of the business, it must be processed with the

Department of Trade and Industry to verify that it is unique and that it is not taking the

name of any business that is already existing. The three proposed business names

areLiceGuard Aromacoat, LiceRepel Aromacoat and AromaGuard LiceShield. The


business, like any other, must obtain its Business Permit, Barangay Clearance, Police

Clearance, Sanitary Permit, Fire Safety Inspection Clearance, Community Tax

Certificate, SSS Membership, PhilHealth Membership, HDMF Membership, BIR

Registration, and Department of Labor and Employment Registration. Also, being an

income-generating entity, it is entitled to contribute to the state through taxes. It is subject

to Value-Added Tax (VAT), Expanded Withholding Tax, Income Tax, and Documentary

Stamp Tax.

Financing Aspect

The business will be powered mainly by the personal contribution of the owners and

additional money borrowed from the bank. The estimated project cost amounts to

P1,000,000.00 inclusive of all that is needed to legally operate from the permits and

licenses to the raw materials and equipment.

Financial Aspect

The continuity of the business depends greatly on the stability of its financials.

The LiceGuard Aromacoat Anti-lice Coconut Shampoo Projected Statement of

Comprehensive Income shows a growth in income from 2026 to 2028. From first year to

third year of operations, it incurs an income of 2,589,232.85, 2,690,506.92 and

2,818,800.15 respectively. In the projected statement of cash flow, the net cash flow

generated from LiceGuard Aromacoat Anti-lice Coconut shampoo are 4,932,432 on

2026, 5,067,981.6 on 2027 and 5,211,460.5 on 2028. In the Projected Statement of

Financial Position, the business’ total assets, liabilities, and equity equal to 7,521,664.85

on 2026, 7,758,013.84 on 2027 and 8,030,260.65 on 2028. The investments are expected

to be recovered upon the end of the second year of operations.


Socio-Economic Desirability

The company' formation aims to benefit society in a variety of ways, including

various societal issues in addition to its religious tax payment. The owners, as well as the

clients, staff, neighborhood, town, environment, and nation, all benefit from its success.

Customers gain from the company's existence since it offers them a handy means of

getting their documents printed, but this advantage doesn't end there. A new company's

beginning also heralds the introduction of greater employment prospects for those who

will work there. The government can benefit significantly from the implementation of the

planned enterprise in terms of tax income and legal contributions, such as licenses and

permits. In terms of the municipality's economic and social growth, the planned

enterprise is advantageous. The commercial organization will profit from environmental

giving and the promotion of sustainable practices. Furthermore, new discoveries provide

individuals the chance to explore things they've never done before.

SWOT ANALYSIS

Every business has unique characteristics that make it stand out from other established

businesses. This strength can be seen as advantageous and could influence the company's

future performance.

STRENGTHS

Natural Ingredients: Coconut is known for its antibacterial and antifungal properties,

making it an effective ingredient in combating lice.

Pleasant Fragrance: Coconut has a pleasant aroma, which can make the shampoo more

appealing to users compared to chemical-laden alternatives.


Scalp Nourishment: Coconut oil is often used to nourish the scalp and hair, promoting

overall hair health.

Eco-friendly: If the shampoo uses sustainably sourced coconut oil, it can be marketed as

an environmentally friendly option.

WEAKNESSES

Effectiveness: While coconut oil can help suffocate and kill lice, its effectiveness as the

sole active ingredient in a shampoo might be limited compared to shampoos containing

stronger chemical agents.

Allergic Reactions: Some individuals may be allergic to coconut or coconut-derived

ingredients, limiting the potential market for the shampoo.

Residue: Coconut oil can leave a residue on the hair, which might be undesirable for

some users or lead to a perception that the hair is greasy.

Cost: Coconut oil might be more expensive than synthetic alternatives, potentially

leading to a higher price point for the shampoo.

OPPORTUNITIES

Growing Market: With increasing concerns about the harmful effects of chemical-based

lice treatments, there's a growing demand for natural alternatives, providing an

opportunity for coconut-based shampoos.


Product Diversification: The company could expand its product line to include

complementary items such as coconut oil-based conditioners or detanglers.

Education: There's an opportunity to educate consumers about the benefits of coconut oil

for hair care and its effectiveness against lice.

THREATS

Competition: There are likely other natural and chemical-based anti-lice shampoos on the

market, posing a threat to the market share of the coconut shampoo.

Regulation: Regulatory changes or restrictions on certain ingredients could impact the

formulation or marketing claims of the shampoo.

Negative Publicity: Any incidents of adverse reactions or ineffective treatment could lead

to negative publicity and damage the brand's reputation.

Imitation Products: Competitors may try to imitate the product's formula or marketing

claims, diluting its uniqueness in the market.

CONCLUSION

Based on the SWOT analysis conducted, the feasibility study suggests that an anti-lice

coconut shampoo could be a viable product with the potential for success in the market.

Thus, Coconut oil, with its natural ingredients, pleasant fragrance, and scalp nourishment,

is a promising solution for lice treatment. Its eco-friendliness aligns with the growing
demand for environmentally conscious options. However, the product's effectiveness as

the sole active ingredient may be limited compared to stronger chemical agents.

Additionally, the potential for allergic reactions and residue may deter some consumers.

Despite these challenges, there are opportunities for growth. Educating consumers about

coconut oil's benefits and diversifying the product line to include conditioners or

detanglers could attract a wider range of consumers. This study suggests that an anti-lice

coconut shampoo could fill an ideal position in the market.

RECOMMENDATIONS

With the findings, the advocates suggested against moving through with the

proposed Liceguard Aromacoat Anti-Lice Shampoo. However, in order to increase the

project's profitability and marketability, the proponents suggests several

recommendations. These include further research and development to improve its

effectiveness, clinical testing to validate its efficacy, addressing allergic reactions,

managing residue, evaluating production costs, developing a comprehensive marketing

strategy, identifying suitable distribution channels, and establishing a feedback

mechanism. These recommendations aim to enhance the shampoo's effectiveness, address

allergic reactions, and ensure its market competitiveness.

Additionally, the shampoo should address the risk of allergic reactions to coconut or

coconut-derived ingredients, such as using refined coconut oil or clear labeling.

Strategies to minimize residue include optimizing the formulation or providing user


guidance.

The shampoo should be priced competitively, considering different package sizes or

bundling options to cater to different consumer budgets. A comprehensive marketing

strategy should be developed to educate consumers about the shampoo's natural

ingredients, effectiveness against lice, and scalp-nourishing properties.

Finally, a feedback mechanism should be established to gather user feedback and address

any concerns. These recommendations aim to refine and position the anti-lice coconut

shampoo for success in the market.

You might also like