Chap 4 Re

CHAPTER IV MANAGEMENT STUDY
Providing a guide for ensuring the continuing existence of the established

company, as this chapter aims to establish the business and management structure.
It will
a. establish the chosen ownership arrangement;
b. use a chart to illustrate the organizational structure;
c. describe the capitalization of the company; and
d. Specify job descriptions, procedural requirements, employment process

and organizational processes.
A. Form of Ownership
Tranquilitea will operate as a partnership, combining resources and expertise of its

investors. This structure allows shared management responsibilities and financial
contributions, ensuring stability and diverse input in business decisions.
A. Mission, Vision
A.1. Vision
Tranquilitea envisions being a leading provider of wellness-oriented beverages,
known for its innovative coconut-based tea products that promote relaxation and
health, while fostering a sustainable and health-conscious community.
A.2. Mission
Tranquilitea’s mission is to offer high-quality coconut-based teas, combining
health benefits and rich flavors to meet the evolving preferences of health-
conscious consumers. The brand commits to sustainable sourcing, excellent
customer service, and fostering a positive impact on local communities.
A.3. Capitalization
The initial investment required for Tranquilitea is ₱1,000,000, allocated as follows

Proponent: ₱500,000 (50%)
Investor 1: ₱300,000 (30%)
Investor 2: ₱100,000 (10%)
Investor 3: ₱80,000 (8%)
Grants: ₱20,000 (2%)
This budget covers raw materials, equipment, packaging, and marketing
expenses. A focus on local sourcing will help reduce transportation costs and
support the community.
B. Organizational Chart
Proponent(Owner)
General Investors
Manager
Marketing Production
Manager Manager
Production Logistics/
Staff Delivery Staff
Cashier/
Receptionist
C. Manpower Requirements
Having the best personnel to perform their jobs in accordance with their job
descriptions, a business could never function successfully. When employing
restaurant staff, a number of procedures must be followed in order to identify the
most suitable candidates for jobs that require not only the bare minimum of skills but
also exceptional abilities to fulfill the company's objective
D. Employment Process
The employment process will consist of the following steps
1.Job Posting -Advertisements through social media, local job boards, and referrals.
2.Application Submission- Online or walk-in submissions.
3.Screening- Initial review of qualifications based on the job description.
4.Interview -Personal and professional competency assessment.
5.Testing- Practical skills test for production and technical positions.
G. Legal Requirements
G.1. City Hall of Butuan
Obtain the necessary permits and clearances to legally operate within the city.
These include a business permit and compliance with local zoning ordinances and
regulations.
Business Permit
Barangay Business Clearance
Lease Contract
Locational Clearance
Picture of Establishment
Fire Clearance
Sanitary Permit
G.2. BIR
Registration with the Bureau of Internal Revenue is mandatory to obtain a
Taxpayer Identification Number (TIN) and authority to print receipts. These steps ensure
compliance with tax obligations, including monthly and annual filings.
G.3 SSS
Tranquilitea must register with the Social Security System to provide its
employees with social security benefits. This requirement safeguards the welfare of
workers and complies with labor regulations.
G.4 DTI
The business name "Tranquilitea" must be registered with the Department of

Trade and Industry, ensuring legal recognition and protection of the brand name under
Philippine business laws.
G.5 SEC
As a partnership, Tranquilitea is required to register with the Securities and
Exchange Commission. This registration legitimizes the partnership and allows it to
operate in compliance with corporate regulations.
G.6 FDA
Given that Tranquilitea produces consumable goods, securing FDA approval is

essential. This ensures that products meet safety and quality standards, thereby
protecting consumer health

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CHAPTER IV MANAGEMENT STUDY

Providing a guide for ensuring the continuing existence of the established

a. establish the chosen ownership arrangement;

b. use a chart to illustrate the organizational structure;

c. describe the capitalization of the company; and

d. Specify job descriptions, procedural requirements, employment process

Tranquilitea will operate as a partnership, combining resources and expertise of its

The initial investment required for Tranquilitea is ₱1,000,000, allocated as follows

The employment process will consist of the following steps

G.1. City Hall of Butuan

The business name "Tranquilitea" must be registered with the Department of

Given that Tranquilitea produces consumable goods, securing FDA approval is

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