CHAPTER VI

SOCIO-ECONOMIC ASPECT

This chapter discusses the aims of the business and the advantages it brings. Furthermore,

this chapter will also determined how the I-Screamscape Shop impacts various stakeholders

such as customers, the community, the government, employees, farmers, and the environment.

The business prioritize these factors to gain a positive reputation in the community. Profits are

not the only concern; the business also consider its impact on people and society.

To the Customer

The proposed business, I-screamscape, aims to provide customers with delightful and

satisfying, unique and locally sourced flavors of ice cream that are both healthy and delicious.

Through offering a variety of ice cream flavor options, the business assures customers of their

well-being and happiness.

To the Community

The shop can contribute to the local community by supporting local farmers and businesses,

enriching the cultural heritage, and improving food security. It can also attract new businesses

and serve as a community asset, potential increase of local tourism, and social gathering place

for families and friends.

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To the Government

Any revenue acquired by the business will certainly aid in boosting the country's gross

national product. The income earned by the business will also make a significant contribution to

the government's tax revenue. The shop's activities can also align with government initiatives for

economic development and support for local agriculture.

To the Farmers

The I-screamscape shop can support farmers by creating a market for their produce fruits,

potentially leading to increase of demand in fruit ingredients, increased income and improved

livelihoods. This can contribute to the economic resilience of farmers, especially that the shop

sources of ingredients locally.

To the Employees

I-screamscape the shop can provide employment opportunities, contributing to the local

economy and providing a source of income for individuals in the community. The shop intends

to offer its staff the chance to earn fair salaries, benefits, and incentives, thereby improving their

social, economic, and physical well-being with effective management.

To the Environment

The shop's support for local and sustainable ingredients can have positive environmental

effects by reducing the carbon footprint associated with food transportation and supporting

environmentally friendly farming practices. I-screamscape Shop followed appropriate waste

disposal and segregation procedures while it was in business to help protect the environment.

The management and employees of the entire company are excited to participate in initiatives

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that support and preserve a green and healthy environment. The manager of the company

regularly inspects the facility and its surrounds for safety. I-screamscape is dedicated to

protecting the environment, and it won't participate in any activities that can endanger it. The

company will abide by laws that are designed to preserve and safeguard natural resources.

Economic Contribution/Implication

When the business is made, the primary objective is to maximize profit, which inevitably

means that it will support the government and create jobs for the citizens.

For the Employees:

Year Salaries Allowances Incentives Total

1s P722,400 0 P60,200 P782,600

2nd P729,624 0 P60,802 P790,426

3rd P736,920.24 0 P61,410.02 P798,330.26

4th P744,289.44 0 P62,024.12 P806,313.56

5th P751,733.34 0 P62,644.36 P814,377.7

Total P3,684,967.02 0 307,080.5 P3,992,047.52

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For the Government:

Year Income Tax License’s/Permits Other Fees Total

1st P425,886.64 13,310 ---- P439,196.64

2nd P456,942.86 13,194.30 ---- P470,137.16

3rd P466,411.64 13,590.13 ---- P480,001.77

4th P477,690.47 14,152.83 ---- P491,843.3

5th P491,549.02 14,417.77 ---- P505,966.79

Total P2,318,480.63 P68,665.03 ---- P2,387,145.66

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 CHAPTER VII

PROJECT PLAN IMPLEMENTATION

Gantt Chart

2023 2024
ACTIVITIES
SEPT OCT NOV DEC JAN FEB MAR

Conducted Feasibility Study

Selecting place for Business

Drawing of articles of partners

Investment by partnership

Procurement of funds for legal and

business permit
Construction of building

Marketing Promotion(online)

Purchase of equipment, furniture

and fixtures
Looking for suppliers of raw
materials

Recruiting staffs

Decorate and furnish the shop

Purchase of raw materials for

production

Distribution of flyers

Start of Business Operation

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Functions/Duties and Responsibilities of the Proponents

The eight (8) project proponents namely: Arapol, Jane Ariane G. Epson, Jona May B. Lozana,

Ellen Grace C. Lozana, Marybel M. Millendez, Realyn A. Sermona, Christine Z. Umalay, Rizza

Mae D. Vicente, and Angel Marie O., have worked together to prepare a feasibility study,

acquire funds, register legal documents and obtain permits, set up the project site, purchase

machinery and equipment, employ people, offer employee orientation and training, and engage

in outreach.

Each proponent has played a crucial role in ensuring the success of business. Miss Vicente

spearheaded the preparation of the feasibility study, while Miss Arapol and Miss Epson focused

on the acquisition of funds. Miss Umalay and Miss Lozana, Ellen, are in charge of the

registration of legal documents and permits, as well as the preparation of the location.

Meanwhile, Miss Millendez, Sermona, and Lozana are in charge of the acquisition and

installation of machinery, tools, and equipment, as well as the hiring, orientation, and training of

employees. Also the canvassing and procurement of necessary supplies.

The project proponents worked together seamlessly, each contributing their expertise and skills

to ensure the smooth start-up of the business operation.

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 CHAPTER VIII

CONCLUSION AND RECOMMENDATION

Market Aspect

Conclusion

This chapter determined the supply and demand of ice cream in the Municipality of Binalbagan,

which became the foundation of the feasibility study.Every year's supply and demand for the

previous five years were calculated, excluding the supply and demand gap. In addition, the

anticipated supply and demand over the following five years. This chapter also included the

marketing strategies that I-Screamscape Shop utilized in order to deliver its goals and objectives

to the target market.The market was focused on people near the area of our shop, which includes

Barangay San Pedro, Barangay San Teodoro, Barangay Santo Rosario, Barangay Paglaum, and

Barangay Enclaro. Analysis and discussion were conducted regarding marketing goals,

campaigns, and brand approaches.Based on the market analysis results, I-Screamscape Shop has

proven its relevance and importance in entering the local business industry to cater to and bridge

the demand gap for fruits ice cream. The goal is to provide nutritious ice cream accessible to

individuals of any gender, age, status, income, or preference.

Recommendation

Based on statistics, I-Screamscape Shop wants to improve consumption by providing healthy

scoops of fruit ice cream in response to the ice cream demand gap in the Municipality of

Binalbagan. Everyone will be able to enjoy healthy, freshly made ice cream, regardless of age,

gender, financial level, or status. I-Screamscape Shop used cost-plus pricing, which raises the

product's price by a certain amount once all expenses are paid.As a recommendation for future

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researcher, Competitive based pricing could be carried out to give consumer importance on

consumer perceptions on products. It's allow for flexibility in a dusting price based on

competitors moves, fostering responsiveness to market changes and customer preferences.It can

contribute to customer perception of fairness and may lead to increased market share if prices are

set strategically in relation to competition.

Technical Aspect

Conclusion

This chapter determined the product description, the production flow, the production process, the

operations flow, the production schedule, the project site, and the development plan. Included

also in this chapter are the legal requirements for the pre-operating and during the operation of

the business, machinery, equipment, and raw materials, and waste management and disposal

methods. The technical aspect is an important part of generating the business since it includes

almost all the technicalities and legalities required for I-Screamscape Shop to have. This aspect

further elaborates on how the product is prepared and created. This aspect also describes how I-

Screamscape Shop is aligned with the laws and programs the government has imposed. Thus, it

is essentially the responsibilities given to the business while doing its own thing to achieve its

goals, may they be legally, socially, or economically.

Recommendation

To find opportunities for efficiency gains, think about reviewing your manufacturing processes

on a regular basis. Furthermore, I-Screamscape Shop may improve its long-term viability and

good community impact by embracing sustainable waste management procedures and keeping

up with growing legal standards.To create a five-year project plan for the site that includes

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modifications in order to improve operations going forward. Upgrading of machinery and

equipment and extension of space. Outlining the company's goal is essential to achieving a more

productive approach to creating and offering services.Maintaining compliance and setting up the

company for success in a changing regulatory environment are ensured by routinely reviewing

and coordinating with government initiatives.

Management Aspect

Conclusion

I-Screamscape shop has a clear vision, mission, goals, and objectives to ensure the business runs

successfully and efficiently. The focus is on effectively managing roles and responsibilities of

each employee, including handling expenses. Additionally, the main priority of I-Screamscape

shop is to satisfy the needs and wants of the customers.

Recommendation

I-Screamscape shop needs an experienced personnel to handle all situations that may occur. It is

important that all employees are well trained, experienced, and disciplined to ensure the quality

of the ice cream that will be served, ultimately leading to customer satisfaction. Additionally, I-

Screamscape shop also monitors and updates new offerings monthly to maintain the interest and

engagement of the customers

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Financial Aspect

Conclusion

The financial analysis of this study shows that it is financially feasible and viable when

examining the financial prerequisites and projections. The project's financial projections show a

positive cash inflow and outflow for the next five years, ensuring sufficient liquidity to meet its

obligations as well as profitability with appropriate financial data.

Recommendation

In terms of financial profitability, the I-Screamscape Shop should conduct conduct

thorough financial assessment to identify potential financial risks. It is important that proponents

create contingency plans ahead of time to prevent potential higher financial risks in the future.

The plan must be flexible and adaptable as businesses and the factors driving market changes,

such as the inflation rate, competition , major or minor incidents in foods, machinery, and

supplies, or economic downturns, By establishing strategies to mitigate the risk, it ensures the

long-term financial stability of the I-Screamscape Shop. Regular financial analysis and

continuous monitoring of in-and out activity and financial performance could be a big help to

identify areas that need improvement and make informed decisions. Always check the progress

of every financial statement to determine if the business is financially stable. I-Screamscape

should seek professional advice if necessary to interpret the financial data accurately and could

give helpful advice and information.

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Socio-economic Desirability

Conclusion

- The socio-economic desirability of the proposed feasibility study is feasible and has a positive

socio-economic impact. It shows that ice creams are very limited or in demand in the area, so I-

screamscape fulfills the specific needs of the people in the proposed area. The proposed project

will generate employment opportunities for local residents, contribute to the community, and

provide products that are affordable and accessible to all.

Overall, the feasibility study concludes that the proposed project is feasible in terms of

marketing, technical, management, financial, and socio-economic perspective. Therefore, it is

suggested to proceed with the implementation of the project.

Recommendation

In terms of socioeconomic desirability, the I-Screamscape Shop's objective should not only be to

fill a market gap, offer employment opportunities, and yield money, but also to support local

purchases of raw ingredients and other supplies for ice cream production. This benefits local

farmers and businesses, so improving the local economy. Producing ice cream from high-quality

fruits like papaya, watermelon, and banana has health benefits without causing harm to

individuals who consume it.

I-Screamscape Shop should devise measures to mitigate the risks and actively connect with the

local community. It should participate in community events and programs, as well as collaborate

with local organizations or charitable organizations.It can foster goodwill and consumer loyalty

by becoming a friendly and integral part of the community.

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