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Chapter I

EXECUTIVE SUMMARY

Brief Description of the Project

The project is about establishing an alkaline water refilling station, under


the name of D n E WATERrific Spring that will be selling natural, safe alkaline
water. It aims to offer customers affordable, healthy and quality water for their
daily consumption. Customer satisfaction is the goal of the business. In the long
run, it aims to create a good impact in the economy and support the government,
and to yield bigger profit.

Brief Profile of the Entrepreneurs

Leaving your job to become an entrepreneur sound simple, but it takes a


bit more than just making the commitment. Without a doubt, youre energized by
the passion you have to grow your small business.

The proponents are preparing to put up their own alkaline water refilling
station. The two resourceful proponents are Mr. Donald R. Fabros, 20 years old,
living at Aguilar Pangasinan and Mr. Edward P. Molano, 20 years old, who lives
at Bugallon, Pangasinan. Both are graduating students with a degree in bachelor
of Science in Accountancy.

Project Contribution to the Economy

The project can provide employment to some individuals of the community


where the establishment is situated. It will also help the government to raise
additional through payment of different taxes as contribution to the economy.

Project Background and History

Rationale

The proponents came up with an idea to conduct a feasibility of alkaline


water refilling due to the necessity of water for every individual. As time goes by,
people will tend to be more conscious with their health, and water is a basic and
essential need of each person.

Proposed Name of the Business

The proponents chose to name their business as D n E WATERrific


Spring which origin is in divided into three. First, is the D n E, which is derived

from the first name of the proponents, Donald and Edward. Second,
WATERrific, a compound of water and terrific, which is the depiction of the main
product the business, is offering. Lastly, Spring, a body of water and a source of
natural water.

Types of Business Organization

The proposed business will operate as a partnership. The partnership is


owned by the association of two individuals, who act as co-owners of the
business, contributing their resources, industry and share its profits. Partners are
fully liable for debts or obligation of the business.

Location of the Business

The location of the business is at M. J. Amancio Building, Romulo


Highway, Poblacion, Aguilar, Pangasinan
Barangay Poblacion is bounded on the north by barangay Baybay, on the
south by barangay Pogomboa and on the east by Bocboc West.

Being the

government, religious and commercial center of Aguilar, it is accessible to all


other fifteen barangays of Aguilar by the Calsib- San Jose- Bocboc West loop
and the Romulo highway which runs almost all barangays. As expected,
Barangay Poblacion is the heart of the municipality. It is therefore the place
where commercial center lies.

Chapter II
MARKETING PLAN

Description of the Product


The proposed business will provide safe, sterilized, and natural alkaline
water with delivery and collection services. Alkaline water is the best form of
water. It helps nourish the body cells and helps in neutralizing acids (Fatty Acids,
Sugar Acids, Uric Acids, Citric Acids). Alkaline Water helps to naturally flush
toxins and acidic waste from your body and is a powerful antioxidant. It is one of
the best sources of detoxification. Alkaline water is more easily absorbed at the
cellular level thus "hydrating" cells in your body.
Alkaline water contains plenty of oxygen that nourishes cells and helps in
flushing out toxins. It makes more oxygen available to your cells than distilled,
reverse osmosis, filtered only, bottled or tap water.
The proposed water refilling station usually refills five-gallon containers,
either (a) slim type container, and (b) round container.

Comparison of the Product with its Competitors


Table 2.1
Comparison of the Product with its Competitors
D n' E WATERrific
Spring

Price

P 25

Service
Delivery
Packaging
Kind of Water
Daily hours of
Operation
Weekly days of
Operation

Sell & Refill


Free
Sealed
Alkaline

Competitors
A
B
C
D
E
P 25
P 25
P 25
P 25
P 25
Sell & Sell & Sell & Sell & Sell &
Refill
Refill Refill
Refill
Refill
Free
Free
Free
Free
Free
Sealed Sealed Sealed Sealed Sealed
Purified Purified Purified Purified Purified

12

11

10

10

10

6.5

6.5

6.5

6.5

6.5

Table 2.1 shows the product offered by D n E WATERrific Spring


compared to the existing competitors in the market. In almost all of the factors
mentioned above the proposed business and the competitors are the same.
Except, in the kind of water being sold, D n E WATERrific Spring sells
alkaline water, while the rest sells purified drinking water, and the utilization of an
innovation in water purification system the Stainless Alkaline Processor 2500
(SAP 2500), and a guaranteed high satisfactory service to the customers.
The competitors operate in six and half days in a week from Monday to
Saturday and half-day on a Sunday.

Location
The business is strategically located at M. J. Amancio Building, Romulo
Highway, Poblacion, Aguilar, Pangasinan.

Market Area
The proposed business covers the whole of the Municipality of Aguilar
with a population of 39,633 persons and composing of 7,733 households (2011
population). The business also covers nearby schools, canteens, and other
establishments.

Main Customers
The target customers of the proposed business are the families residing in
the Municipality of Aguilar.

Demand Analysis

Table 2.2
Percentage Distribution of the Respondents Who Buys Water Refill

Factor
Yes
No
Total

Responses
29
71
100

Percentage
29
71
100

Table 2.2 shows the percentage of the respondents according to their


preference if they buy water refill or not. According to the table above, 29% of the
respondents would like to buy water refill, while 71% of the respondents do not
desire buy water refill.

Table 2.3
Weighted Analysis of the Average Number of Container Refills
being Purchased in a Week

No. of Purchases
No. of Purchasers
1
0
2
4
3
8
4
11
5
2
6
3
7
1
Total
29
Divided by
Weighted Average of Refills (Weekly)

Weighted Count
0
8
24
44
10
18
7
111
29
3.83/4

Table 2.3 shows the computation of the average number of containers


refills purchased by the population in a week.
The average was obtained by summation of the variables (no. of
purchasers) multiplied by weights (no. of purchases) to arrive at the total
weighted counts and then, divided by the total number of purchasers in order to
arrive at the weekly average of refills, which is 4 containers.

Table 2.4
Historical Demand

Year

Total
Demand

Population

2009
2010
2011
2012
2013

456,768
461,552
466,544
471,536
476,528

38,805
39,208
39,633
40,061
40,494

Wtd. Ave
No, of
No. of
% of
No. of
of
Weekly Weeks in
Household Purchasers Demanders Demanded Demand a Year
Refill

7,571
7,650
7,733
7,817
7,901

29
29
29
29
29

2,196
2,219
2,243
2,267
2,291

4
4
4
4
4

8,784
8,876
8,972
9,068
9,164

52
52
52
52
52

Source: Municipality of Aguilar, Municipal Planning and Development Coordinator

Table 2.4 presents the demand for the water refill and the population of
Aguilar for the years 2009-2013.

The proponents arrived at the historical

demand by multiplying 29% to the yearly total number of households, the


percentage who buys water refill. Next, the product is multiplied by 4, the
average number of refills demanded in a week, to get the weekly demand. Lastly,
the weekly demand obtained is multiplied by 52, the number of weeks in a year,
to arrive at the annual demand.
The population for 2009 2011 came from the Municipal Planning and
Development Coordinator. Data for the years 2012 and 2013 are projected based
on 1.08 percent, the increase in population from 2010 to 2011 over the
population. The number of households for 2012 and 2013 is estimated and
based on the ratio of the number of households and total population of 2011.

Figure 2.1
Historical Demand Graph

480000

476528

Water Refills

475000

471536

470000

466544

465000
460000

461552
456768

455000
450000
445000
2009
Historical Demand

2010

2011

2012

2013

Y e a r

Figure 2.1 presents the graph of the previous years from 2009-2013. The
line is straight and because of the constantly increasing trend of the line graph,
the Arithmetic Straight Line Method was used to present the projections.

Table 2.4
Projected Demand

Year

Projected Demand
(in containers)

2014
2015
2016
2017
2018

481,468
486,408
491,348
496,288
501,228

Computation
476,528
481,468
486,408
491,348
496,288

+
+
+
+
+

4,940
4,940
4,940
4,940
4,940

Average annual increase in demand for the period 2009-2013:


= Demand 2013- Demand 2009 = 476,528 456,768 = 19,760
No. of years 1

5-1

= 4,940 containers
Table 2.4 indicates the projected demand for the years by 2014-2018. It
shows that the projected demand increases by 4,940 containers every year. The
projected demands are 481,468; 486,408; 491,348; 496,288 and 501,228 for the
years 2014-2018, respectively.

10

Figure 2.2
Projected Demand Graph
505000

501228

Water Refills

500000

496288

495000

491348

490000
485000

486408
481468

480000
475000
470000
2009
Projected Demand

2010

2011

2012

2013

Y e a r

Figure 2.2 provides the projected demand graph in the municipality of


Aguilar. It shows the gradual increase of the projected demand every year.

11

Supply Analysis

Table 2.5
Historical Supply

Year

Total Supply

No. of
Suppliers

Ave. No. of
Refills Sold
Daily

2009
2010
2011
2012
2013

174,070
175,760
177,450
179,140
180,830

5
5
5
5
5

103
104
105
106
107

No of
Ave. No. of
Days Operating Weeks in a
in a Week
Year

6.5
6.5
6.5
6.5
6.5

52
52
52
52
52

Source: Competitors of D n E WATERific Spring

Table 2.5 presents the historical supply for the years 2009-2013. Historical
supply was obtained from the unstructured interview conducted by the
proponents to the owner of the water station along the area, the competitors
provided the proponents of the estimated daily average of containers sold for the
years 2009 to 2013.

12

Figure 2.3
Historical Supply Graph
182000

180830

Water Refills

180000

179140
177450

178000
175760

176000
174070
174000
172000
170000
2009
Historical Supply

2010

2011

2012

2013

Y e a r

Figure 2.3 shows the line graph of historical supply for 2009 2013. The
line shows consistent increase, so the method of projection used is the Arithmetic
Straight Line method.

13

Table 2.6
Projected Supply

Year

Projected Supply
(in containers)

Computation

2014
2015
2016
2017
2018

182,520
184,210
185,900
187,590
189,280

180,830 + 1,690
182,520 + 1,690
184,210 + 1,690
185,900 + 1,690
187,590 + 1,690

Average Annual increase inProjected


Supply Supply

Year

Computation

containers)
= Supply 2013 - Supply 2009 =(in
180,830
174,070 = 6,760
No. of Years 1

51

2014
182,520
180,830 + 1,690
= 1,690 containers
2015
184,210
182,520 + 1,690
Table 2.6 presents the projected supply for the years 2014-2018. It shows
2016
185,900
184,210 + 1,690
2017 average187,590
1,690 year,
that there are 1,690 containers
annual increase 185,900
in supply+ every
2018
189,280
187,590 + 1,690
with the use of the formula Supply 2013 less Supply 2009 over number of years
less 1.

14

Figure 2.4
Projected Supplies Graph
189280

190000
187590

Water Refills

188000
185900
186000
184210
184000
182520
182000
180000
178000
2009

2010

Projected Supply

2011

2012

2013

Y e a r

Figure 2.4 shows the projected supplies line graph. It indicates the
progressive increase of supplies by year.

15

Market Share
Table 2.7
Demand Supply Analysis

Year
2014
2015
2016
2017
2018

Demand Supply
481,468
486,408
491,348
496,288
501,228

182,520
184,210
185,900
187,590
189,280

Demand

Percentage
Supply Unsatisfied
Gap
298,948
62
302,198
62
305,448
62
308,698
62
311,948
62

Total
33,864
34,492
35,119
35,746
36,373

Market Share
Quantity
Target
Allowance
Sales
33,696
168
34,320
172
34,944
175
35,568
178
36,192
181

%
11
11
11
12
12

With the previously computed projected demand (Table 2.4) and projected
supply (Table 2.6), the gap between the two variables are analyzed and laid out
in the above table.
In able to arrive for the figures of demandsupply gap, the proponents have
subtracted the figures of supply column from the figures in the demand column
with respect to the year indicated.

The difference then of the two columns

(demand-supply gap) will become the dividend, and the demand will stand as the
divisor to get the percentage unsatisfied of each year.
The assigning of Figures for market share was both agreed upon by the
proponents, where they opt to make their assumptions rational and away from
having high risk of business loss.
Allowance is set at one half percent of the target sales quantity.

16

Selling Price and Sales Forecast


Table 2.8
Selling Price and Sales Forecast
(Water Refill)
Selling
Gross Sales
Year Price
(Quantity)
(Pesos)
2014
25
33,864
2015
25
34,492
2016
28
35,119
2017
28
35,746
2018
31
36,373

Allow Target Sales


ance
(Quantity)
168
172
175
178
181

33,696
34,320
34,944
35,568
36,192

Gross
Sales
(Pesos)

846,600
862,300
983,332
1,000,888
1,127,563

Allow
ance

Target
Sales
(Pesos)

4,200 842,400
4,300 858,000
4,900 978,432
4,984 995,904
5,611 1,121,952

Table 2.8 exhibits the proposed selling price and sales forecast of the
business from 2014-2018 for water refill. Initially for the first two years, price is
set at P 25 per refill. Price increase proposal is set at P 3/ refill every two years.

17

Table 2.9
Sales Price and Sales Forecast
(Containers)

Year
2014

2015

2016

2017

2018

Container
Type
Slim
Round
Total

Sales
Quantity
Price
P 215
150
225
50

Sales
P
P

Slim
Round
Total

215
225

Slim
Round
Total

220
230

Slim
Round
Total

220
230

Slim
Round
Total

225
235

150
50

P
P

150
50

P
P

150
50

P
P

150
50

P
P

32,250
11,250
43,500
32,250
11,250
43,500
33,000
11,500
44,500
33,000
11,500
44,500
33,750
11,750
45,500

Table 2.9 exhibits the proposed selling price and sales forecast of the
business in terms of the container type: (a) slim type is set at a selling price of
P 215 and a quantity of 150 pieces, and (b) round is set at a selling

price

of

P 225 and a quantity of 50 pieces for the first two years. Price is projected to
increase by P 5 per container every two years. Purchase of a container already
includes a fill of 5 gallon alkaline water.

18

Promotional Measures
The proposed business will make use of freebies as a promotional
measure in order to attract initial customers.
As promotion, the first one hundred (100) customers buying a container
with water fill will get a foldable fan as freebie in the first year of operations.

Marketing Strategy
In order for customers to be aware of the product and the business, the
following marketing strategies shall be utilized:

Initially, D n E WATERrific Spring shall put up tarpaulins indicating the


business name and product with price on strategic locations of Aguilar
where many passers-by will be able to notice.

One week before its operations, flyers advertising the business and its
product, with essential information regarding the product shall be given to
the households of Municipality of Aguilar.

And lastly, the business will be promoted through word of mouth of the
customers who have tried and tested the product.

19

Marketing Budget
Table 2.10
Marketing Budget
Year

2014

Particular
Tarpaulin (3'x4')
Flyers
Freebies
Promoters
compensation
Uniforms
Total

2015
2016
2017
2018

Quantity
3 pcs
500 pcs
100 pcs

Unit Price
Total Amount
P
180 P
540
2
1,000
25
2,500

300

600

6 pcs

120

720
5,360
3,500
3,500
3,500
3,500

P
P
P
P
P

Table 2.10 shows the marketing budget of the proposed business on the
first year of operations. In the succeeding years, the business will only utilize
P 3,500 budget for marketing.

20

Chapter III
PRODUCTION PLAN
Production Process
Figure 3.1
Flow of the Production Process

Water Source
(Nawasa)

Sediment Filter

Multimedia Filter

Stainless
Alkaline Processor
2500

Carbon Filter

Refilling and Sealing

Distribution
Finished Product
Figure 3.1, describes the flow of the production process in order to
produce alkaline water.
The water to be used in producing the product is from the Aguilar Rural
Waterwork and Sanitation, Inc.

21

The first process is the Pre-filtration stage, the water passes through three
pre-filters. First, is the sedimentation filter, here, water is filtered to reduce solid
particles such as rust flakes from water pipes, sand grains, small pieces of
organic matter, clay particles, or any other small particles in the water. Next is the
multimedia filter, in here the water is being filtered further to remove small
particles of 30 microns rating. Lastly, the water goes to the carbon filter, where it
removes any foul taste, odor and color caused by organic chemicals in the water
and eliminates sediments of 5 micron rating. Carbon filters are most effective at
removing chlorine, sediment, and volatile organic compounds (VOCs) from
water. Automatic backwashing system removes the trapped contaminants or
sediments within the filter beds and washes them down the drain.
After the Pre-filtration stage, comes next is the Filtration stage.
Through the use of new technology advancement, the Stainless Alkaline
Processor 2500, water is filtered in 20 stages of filtration system with advanced
filters and UV Germicidal Lamp which produces high quality, safe, sterilized
natural alkaline water.
Subsequent to the Filtration stage is the Refilling and Sealing stage,
where the water filtered is filled in containers and sealed as finished products.
Lastly, is the Distribution where the products are served directly to
customers who purchased directly at the station or delivered to their respective
residence or location.

22

Fixed Assets
Building
The store building to be used by the proposed business will be leased out
on a monthly basis, with a lease amounting to P 4,000 monthly. The lease is
included in the administrative expenses to be tackled in Chapter IV, Organization
and Management Plan.
The leased unit is furnished of electrical and water installations.
The lease contract requires advance payment of one year term. The
succeeding payments will be made monthly every end of the month.

Table 3.1
Lease

Particular
Lease
Total

Monthly
Annually
P
4,000 P
48,000
P
4,000 P
48,000

Table 3.1 shows the annual lease of the building amounting to P 48,000
for the years 2014 2018.

23

Production Equipment
Table 3.2
Production Equipment

Particular

Reference

Salvage
Annual
Value
Depreciation
96,500 P
P
9,800
55,000
5,500
4,950
151,500 P
5,500 P
14,750

Amount

Store Equipment
Ch. 3, Tab. 3.2.1 P
Delivery Equipment Ch. 3, Tab. 3.2.2
Total
P

Table 3.2 shows the schedule of fixed assets and their respective
depreciation expense per year.
Table 3.2.1
Store Equipment
Paricular
SAP 2500 Starter Business
Package
Industrial air blower
Total

Amount

Est. Useful
Annual
Life
Depreciation
(Years)

95,000

10
5

1,500
96,500

9,500

300
9,800

Table 3.2.1 shows the total cost of the store equipment which is
composed of SAP 2500 Starter Business Package amounting to P 95,000 with
an annual depreciation of P 9,500 in 10 years, and air blower for P 1,500 with an
annual depreciation of P 300 in 5 years. Depreciation is computed using the
Straight line method.

24

Table 3.2.2
Service Vehicle

Particular
Motorcycle
Carrier
Total

Est. Useful Salvage


Life (Years) Value

Amount
P

47,500
7,500
55,000

10
10

P
P

5,000
500
5,500

Annual
Depreciation
P
P

4,250
700
4,950

Table 3.2.2 indicates the service vehicle amounting to P 47,500 with an


estimated useful life of 10 years with an annual depreciation of P 4,250, and
carrier at an initial cost of P 7,500 with annual depreciation of P 700.
Depreciation is computed using the Straight line method.

Maintenance and Repairs


Table 3.3
Maintenance and Repairs Expense

Particular
Maintenance and
repairs expense
Total

2014

2015

2016

2017

2018

7,575 P

7,802 P

8,036 P

8,277

7,575 P

7,802 P

8,036 P

8,277

Table 3.3 shows the annual maintenance and repairs expense of the
proposed business for the years 2015 to 2018. No maintenance and repairs
expense is to be recognized for the equipments used in the production.
Maintenance and repairs are to be computed five percent of the acquisition cost
of the equipments, starting on the succeeding the year of acquisition. This
amount is to increase by three percent every succeeding year.
25

Other Non-Current Assets


Table 3.4
Other Non-Current Assets

Particulars

Quantity

Slim type container


Round container
Total

40
20

Est.
Unit
Total
Useful Salvage
Life
Price
Amount
Value
(Years)
3
P
125 P 5,000
P
500
3
135
2,700
300
P 7,700
P
800

Annual
Depreciation
P
P

1,500
800
2,300

Table 3.4 shows the other non-current assets of the proposed business
amounting to P 7,700, with residual value after four years of estimated useful of
P 800, and its annual depreciation of P 2,300. These are the containers to be
used in serving the customers not intended to be sold but as exchange
containers for the refilled containers.

Sources of Fixed Assets


Table 3.5
Sources of Fixed Assets

Particular
SAP 2500 Starter
Business Package
Indutrial air blower
Motorcycle
Carrier
Containers

Source
Establishment Name

Location

Ingen Solutions Inc

Quezon City

AYCOM Waterworks
Peer Marketing
P. G. Aviles Trading
GMP Capseal

Lingayen, Pangasinan
Lingayen, Pangasinan
Bugallon, Pangasinan
Dagupan City

Table 3.5 shows the sources of the fixed assets to be utilized by the
proposed business in carrying out its operations.

26

Terms and Conditions of Purchase of Equipments


The equipments to be used on the production are to be purchased on a
cash basis due to the big discount that can be availed on purchasing the
equipments with outright cash payment.
The motorcycle include in its purchase terms free LTO registration for one
year.

Raw Materials
Table 3.6
Raw Materials

Year
2014
2015
2016
2017
2018

Particular

Source

Potable Water
Potable Water
Potable Water
Potable Water
Potable Water

AGRUWASA, Inc
AGRUWASA, Inc
AGRUWASA, Inc
AGRUWASA, Inc
AGRUWASA, Inc

Unit

Unit Price

cubic meter P
cubic meter
cubic meter
cubic meter
cubic meter

44.67
45.56
46.47
47.40
48.35

Annual
Total Amount
Quantity
641
P 28,633.47
652
29,705.12
665
30,902.55
677
32,089.80
688
33,264.80

Table 3.6 shows the annual cost of raw materials to be utilized in


producing alkaline water the main product of the proposed business. Potable is
the only raw material of the proposed business. The table also shows the source
of the raw materials and its unit of measurement.
It is assumed that unit price is to increase annually by two percent.
The annual quantity is based on the quantity sales forecast, including the
allowance, as discussed in Chapter II, Selling Price and Sales Forecast, Table
2.8. Each container contains five gallons of water refill. The annual quantity is
computed by multiplying the annual sales quantity to 18.92706 (equiv. 5gals),
then dividing it by 1000 to get the conversion of the total content of the 5-gallon
container into cubic meters. The computation for the conversion is shown below:

27

Year
2014
2015
2016
2017
2018

Annual
Sales
Quantity
33,864
34,492
35,119
35,746
36,373

Conversion
to Liters
X
X
X
X
X

18.92706
18.92706
18.92706
18.92706
18.92706

Quantity
( in Liters)
=
=
=
=
=

640,945.96
652,832.15
664,699.42
676,566.69
688,433.95

Conversion
to Cu. Mtrs
/
/
/
/
/

1000
1000
1000
1000
1000

Quantity
(in Cu. Mtrs.)
=
=
=
=
=

641
652
665
677
688

Table 3.7
Merchandise Inventories - Containers

Year

2014

2015

2016

2017

2018

Particulars
Slim type container
Round container
Total
Slim type container
Round container
Total
Slim type container
Round container
Total
Slim type container
Round container
Total
Slim type container
Round container
Total

Source
Quantity Unit Price Total Amount
GMP Capseal
150
P
125 P
18,750
GMP Capseal
50
135
6,750
P 25,500
GMP Capseal
150
P
125 P
18,750
GMP Capseal
50
135
6,750
P 25,500
GMP Capseal
150
P
125 P
18,750
GMP Capseal
50
135
6,750
P 25,500
GMP Capseal
150
P
125 P
18,750
GMP Capseal
50
135
6,750
P 25,500
GMP Capseal
150
P
125 P
18,750
GMP Capseal
50
135
6,750
P 25,500

Table 3.7 shows the annual quantity of containers to be purchased by the


proposed business including the unit price with a total of sum of P 25,500. The
proponents estimated that 200 containers can be sold yearly. Seventy-five
percent (75%) of the quantity of containers will be slim type container and the
remaining twenty-five percent (25%) is the round container.
28

Raw Materials Availability


Raw materials in producing alkaline water are readily available because it
is supplied to the business through Aguilar Rural Waterwork and Sanitation Inc.
(AGRUWASA).
The containers are to be purchased in one time bulk sale to avoid too
much freight cost, and to meet the quoted price for free delivery.

Labor and Personnel


Store personnel comprise of one (1) refiller and (1) delivery man.

Cost of Labor
Table 3.8
Cost of Labor

Particulars
Production Personnel Salaries
SSS, PhilHealth, Pag-Ibig Contributions
Total

Reference
Ch. 3, Tab. 3.8.1 P
Ch. 3, Tab. 3.8.2
P

Amount
117,000.00
12,792.00
129,792.00

Table 3.8 shows the annual cost of labor to be incurred by the business
amounting to P 130,783.20 in total for the years 2014 2018. This amount
comprises the salary of the refiller and delivery man annually including the
thirteenth month pay, and the SSS, PhilHealth, Pag-Ibig contributions.

29

Table 3.8.1
Production Personnel Salaries

Monthly Thirteenth
Annual
Employees
Salary
Month Pay
Salary
Refiller
P
4,500 P
4,500 P
58,500
Delivery man
4,500
4,500
58,500
Total
P 117,000
Table 3.8.1 shows the annual salary of the production personnel, inclusive
of their thirteenth month pay amounting to P 117,000 for the years 2014-2018.

Table 3.8.2
SSS, PhilHealth, Pag-Ibig Contributions
(Production Personnel)

Employees

SSS + EC PhilHealth Pag-Ibig

Refiller
Delivery Man
Total

328 P
328

105 P
105

Monthly
Contributions

100 P
100

Annual
Contributions

533 P
533
P

6,396
6,396
12,792

Table 3.8.2 shows the contributions to be remitted to SSS, PhilHealth,


Pag-Ibig. This represents the benefits given to the production personnel of the
proposed business for the years 2014 2018.

Labor Availability
Personnel of D n E WATERrific Spring are not available throughout the
year due to the special holidays. Employees work at a maximum of 26 days a
month because every Sunday is their day-off.

30

Labor Productivity
The employees receive 13th month pay as incentive for their productivity.

Factory Overhead Expense


Table 3.9
Factory Overhead Expenses

Particulars
Maintenance and Repairs
Electricity
Consumables
Cleaning Supplies
Depreciation expense
Total

Reference
2014
Ch. 3, Tab. 3.3 P
- P
Ch. 3, Tab. 3.9.1
29,015
Ch. 3, Tab. 3.9.2
26,180
Ch. 3, Tab. 3.9.3
1,920
Ch. 3, Tab. 3.9.4
17,050
P 74,165 P

2015
7,575 P
30,487
26,950
1,980
17,050
84,042 P

2016
7,802 P
32,027
26,950
2,040
17,050
85,869 P

2017
8,036 P
33,650
27,720
2,100
17,050
88,556 P

2018
8,277
35,357
27,720
2,160
17,050
90,564

Table 3.9 shows the annual factory overhead expenses to be incurred by


the proposed business for the years 2014 2018. The factory overhead is
comprised of the electricity in operating the SAP 2500, consumables in sealing
water containers refilled, cleaning supplies in cleaning the water container and
depreciation expense of the equipments used in production.

31

Table 3.9.1
Electricity

Year
2014
2015
2016
2017
2018

Unit

Cost per
Unit

Kilowatt P 10.2818
Kilowatt
10.4874
Kilowatt
10.6971
Kilowatt
10.9110
Kilowatt
11.1292

Annual
Total
Quantity
Amount
Consumed
2,822
P 29,015
2,907
30,487
2,994
32,027
3,084
33,650
3,177
35,357

Table 3.9.1 shows the annual electricity consumption of the proposed


business for the years 2014 - 2018. The annual kilowatt consumption is
computed based on the daily usage of the SAP 2500. One hour operation of the
SAP unit consumes 1kw based on maximum capacity of 24 containers per hour.
It is proportioned to the gross quantity of refills over full capacity production
multiplied by the full capacity kilowatt consumption of the SAP 2500.The cost per
unit is expected to increase by two percent annually, and the annual quantity
consumed is to increase by three percent every year.

32

Table 3.9.2
Consumables
Year

Particulars

Umbrella type seal


Big cap seal
2014 Small cap seal
Faucet seal
Total

Quantity
(in a Year)
34,000 pcs
34,000 pcs
34,000 pcs
34,000 pcs

Unit Price Total Amount


P

0.25 P
0.25
0.10
0.17
P

8,500
8,500
3,400
5,780
26,180

Umbrella type seal


Big cap seal
2015 Small cap seal
Faucet seal
Total

35,000 pcs
35,000 pcs
35,000 pcs
35,000 pcs

0.25 P
0.25
0.10
0.17
P

8,750
8,750
3,500
5,950
26,950

Umbrella type seal


Big cap seal
2016 Small cap seal
Faucet seal
Total

35,000 pcs
35,000 pcs
35,000 pcs
35,000 pcs

0.25 P
0.25
0.10
0.17
P

8,750
8,750
3,500
5,950
26,950

Umbrella type seal


Big cap seal
2017 Small cap seal
Faucet seal
Total

36,000 pcs
36,000 pcs
36,000 pcs
36,000 pcs

0.25 P
0.25
0.10
0.17
P

9,000
9,000
3,600
6,120
27,720

Umbrella type seal


Big cap seal
2018 Small cap seal
Faucet seal
Total

36,000 pcs
36,000 pcs
36,000 pcs
36,000 pcs

0.25 P
0.25
0.10
0.17
P

9,000
9,000
3,600
6,120
27,720

Table 3.9.2 shows the total amount and quantity consumables to be


purchased and used in the business for the years 2014 2018. The seals are
sold per thousand packages. The quantity to be purchased increases by 1000
pieces every two years succeeding the first year of operations.

33

Table 3.9.3
Cleaning Supplies
Year

Particulars

Quantity

2014

Hair net
Hand Gloves
Unscented Liquid Soap
Mask
Apron
Total

6 pcs
6 pairs
18 liters
6 pcs
6 pcs

2015

Hair net
Hand Gloves
Unscented Liquid Soap
Mask
Apron
Total

6 pcs
6 pairs
18 liters
6 pcs
6 pcs

2016

Hair net
Hand Gloves
Unscented Liquid Soap
Mask
Apron
Total

6 pcs
6 pairs
18 liters
6 pcs
6 pcs

2017

Hair net
Hand Gloves
Unscented Liquid Soap
Mask
Apron
Total

2018

Hair net
Hand Gloves
Unscented Liquid Soap
Mask
Apron
Total

Unit
Total
Price Amount
P
20 P
120
30
180
65
1,170
30
180
45
270
P 1,920
P 21
31
67
31
46

126
186
1,206
186
276
P 1,980

22
32
69
32
47

132
192
1,242
192
282
P 2,040

6 pcs
6 pairs
18 liters
6 pcs
6 pcs

23
33
71
33
48

138
198
1,278
198
288
P 2,100

6 pcs
6 pairs
18 liters
6 pcs
6 pcs

24
34
73
34
49

144
204
1,314
204
294
P 2,160

Table 3.9.3 indicates the annual amount of cleaning supplies by the


proposed business for the years 2014 - 2018. The price per unit of each
particular cleaning supply is to increase annually by three percent; the number of
quantities remains constant.

34

Table 3.9.4
Depreciation Expenses

Particular

Reference

Store equipment
Ch. 3, Tab. 3.1.1
Delivery Equipment Ch. 3, Tab. 3.1.2
Containers
Ch. 3, Tab. 3.2
Total

Annual
Depreciation
P
9,800
4,950
2,300
P
17,050

Table 3.9.4 shows the annual depreciation of the equipments attributable


to the production of alkaline water at P 17,050 for the years 2014 2018.

Production Cost
Table 3.10
Annual Production Cost
(Water Refill)

2014
Raw Materials
P 28,633.47 P
Cost of Labor
129,792.00
Factory Overhead
74,165.00
Total
P 232,590.47 P

2015
29,705.12 P
129,792.00
84,042.00
243,539.12 P

2016
30,902.55 P
129,792.00
85,869.00
246,563.55 P

2017
32,089.80 P
129,792.00
88,556.00
250,437.80 P

2018
33,264.80
129,792.00
90,564.00
253,620.80

Table 3.10 shows the annual production cost of producing alkaline water
for the years 2014 2018.

35

Table 3.11
Production Cost per Unit
(Water Refill)

2014
2015
2016
2017
2018
Raw Materials
P
0.85 P
0.86 P
0.88 P
0.90 P
0.91
Cost of Labor
3.83
3.76
3.7
3.63
3.57
Factory Overhead
2.19
2.44
2.45
2.47
2.49
Total
P
6.87 P
7.06 P
7.03 P
7.00 P
6.97
Table 3.11 shows the annual production cost per unit of the alkaline water
for the years 2014 2018. Production cost per unit is computed by adding the
cost per unit of the individual components raw materials, cost of labor and
factory overhead. The individual components cost per unit for the years 2014
2018 is obtained by dividing the annual total amount of each component by the
annual gross sales quantity for each of the respective years from 2014 to 2018,
33,864; 34,492; 35,119; 35,746 and 36,373, correspondingly.

Table 3.12
Annual Product Cost
(Containers)

2014
2015
2016
2017
2018
Containers P 25,500 P 25,500 P 25,500 P 25,500 P 25,500
Total P 25,500 P 25,500 P 25,500 P 25,500 P 25,500
Table 3.12 shows the annual production cost of the proposed business for
the years 2014-2018.

36

Table 3.13
Product Cost per Unit
(Containers)

2014
2015
2016
2017
2018
Containers P 127.50 P 127.50 P 127.50 P 127.50 P 127.50
Total P 127.50 P 127.50 P 127.50 P 127.50 P 127.50
Table 3.13 shows the annual product cost per unit for the years 20142018. Product cost per unit was obtained by dividing the annual product cost of
the containers by the estimated 200 containers that can be sold yearly, weighted
average method was used.

Table 3.14
Product Cost per Unit
(Container with Water Refill)

Particulars
Raw Materials
Cost of Labor
Factory Overhead
Containers
Total

2014
2015
2016
2017
2018
P
0.85 P
0.86 P
0.88 P
0.90 P
0.91
3.83
3.76
3.7
3.63
3.57
2.19
2.44
2.45
2.47
2.49
P 127.50 P 127.50 P 127.50 P 127.50 P 127.50
P 134.37 P 134.56 P 134.53 P 134.50 P 134.47

Table 3.14 shows the annual cost per unit of a container inclusive of 5
gallon fill of alkaline water for the 2014 2018.

37

Wastes and Waste Disposal Method


It is extremely essential for any business to include the proper waste
disposal in its concerns. The proponents will ensure the orderliness and
cleanliness of the whole process of the proposed business. The proponents will
follow the ordinance implemented by the Municipality of Aguilar. With regards to
this matter, the proponents have allotted a trash can. Gathered wastes are to be
collected by the waste collector at the end of the day.

38

Chapter IV
ORGANIZATION AND MANAGEMENT PLAN

Form of Business
Partnership form of business was chosen by the proponents. Specifically,
it is a universal partnership of all present property. Profit and loss shall be divided
equally by the partners.

Organizational Structure
Figure 4.1
D n E WATERrific Spring
Organizational Structure

PARTNER/
OWNER

CASHIER

PARTNER/
OWNER

REFILLER

DELIVERY MAN

Every organization has a structure which indicates positions and


relationship.

These are shown by an organizational chart.

The proposed

business has the partners (owners), cashier, refiller, and delivery boy. Policies
and objectives will be formulated by the partners but suggestions and
recommendations will be entertained but the partners have the only authority to
39

decide what strategies will be implemented and decision to be made is based on


collective opinion of the partners that is fair and favorable to all personnel.

Business Experience and Qualifications

Owners

Qualifications:
o graduate of any business course preferably B.S. Accountancy
o must have good knowledge about the business

Duties and Responsibilities


o supervises the operations of the business
o takes charge in procuring needed supplies of the whole business
o responsible for preparing financial statements

Compensation:
o Half of the net income

40

Cashier

Qualifications:
o a graduate of any business course
o at least 21 but not more than 27 years of age
o female
o of good moral character
o trustworthy
o can work with minimum supervision
o with pleasing personality

Duties and Responsibilities:


o in-charge of collecting payments from customers
o responsible for keeping records of daily sales
o tasked to check on the supplies and inventories needed in
production
o assigned to deposit the next banking day earnings of the day

Salary:
o P 5,200/month or P 62,400/annually

41

Refiller

Qualifications:
o at least high school graduate
o at least 21 but not more than 27 years of age
o of good moral character
o male
o hardworking
o trustworthy
o can work with minimal supervision
o with pleasing personality

Duties and Responsibilities:


o responsible for cleaning water container,
o refilling water containers, and
o sealing water containers

Salary:
o P 4,500/monthly or P 54,000/annually

42

Delivery Man

Qualifications:
o at least high school graduate
o at least 21 but not more than 27 years of age
o of good moral character
o with drivers license and knows how to repair and maintain a
vehicle
o male
o hardworking
o trustworthy
o can work with minimal supervision
o with pleasing personality

Duties and Responsibilities:


o responsible for delivering ordered water containers
o in-charge of collecting payments to customers upon delivery
o maintenance of the service vehicle

Salary:
o P 4,500/monthly or P 54,000/annually

43

Personnel Benefits
Every employee is entitled for the following benefits:
1. SSS contributions;
2. PhilHealth contributions;
3. PAG-IBIG contributions;
4. Thirteenth month pay, and
5. Free two (2) uniforms every year.

Policies to be implemented:
1. The business is to operate six (6) days in a week, from 8:00 am to 12:00
pm; and from 1:00 pm to 6:00 pm with break time.
2. The employees should be at the refilling station at 8:00 am to prepare the
station for operation. The employees are required to record for their time
in and time out.
3. Salaries of the employees will be given every fifteenth (15th) and thirtieth
(30th) day of the month. Employees are not allowed to advance their
salaries.
4. Fighting and commotion between the employees will not be tolerated.
5. Quality and highly satisfactory service should always be given to
customers. Politeness and modesty should be observed on serving the
customers.
6. Always smile.

44

Pre-Operating Activities
Table 4.1
Pre-Operating Activities
November
2013
Wk1

Wk2

Wk3

December
2013
Wk4

Wk1

Wk2

Wk3

January
2014
Wk4

Week 1

Securing business
location
Business registration

Secure permits and


licenses
Store renovation

Purchase of
equipments and
installation
Hiring of personnel

Purchase of supplies
and inventories
Promotion of business

Start of business
operations

Table 4.1 shows the pre-operating activities of D n E WATERific Spring.


Starting from the purchase/securing of the location or the area where to put the
business, after which is the application and registration of the required permits

45

and licenses in establishing a business and the renovation of the store.


Furthermore, purchased of equipment and installation was done during the 4th
week of November and 1st week of December, 2013. Hiring of personnel was
done during 1st and 2nd week of December to train them on what their job will be.
However, purchased of supplies and inventories needed to operate the business
was done during the 2nd and 3rd weeks of December. Promotion of business was
prepared during the 4th week of the month. Business operations will start at the
first week of January 2014.

Pre-Operating Expenses
Table 4.2
Pre-Operating Expense

Particular
Permits, Taxes and Licences
Mobility Expense
Marketing Expense
Total

Reference
Amount
Ch.4, Tab 4.2.1 P
2,935
Ch.4, Tab 4.2.2
4,950
Ch.2, Tab 2.10
5,360
P
13,425

Table 4.2 shows the total amount of pre-operating expenses used in


putting up the business amounting to P 13,425.

46

Table 4.2.1
Permits, Taxes and Licenses

Agency
Securities and
Exchange
Commission
Bureau of Internal
Revenue

Permits, Taxes &


Licenses
Registration

Amount
P

1,660

TIN

500

Mayor's Permit

450

Community Tax
Certificate

25

Municipal Health
Office - Aguilar

Sanitary Permit

150

Barangay Poblacion

Barangay Permit

50

Municipality of
Aguilar

Garbage fee
Total

100
P

2,935

Table 4.2.1 presents the different government permits, taxes and licenses
that are required for the establishment of the proposed business. The permits
and licenses fees totaled P 2,935.

47

Table 4.2.2
Mobility Expenses
Particular
Securing business location

Amount
P

200

Business registration

1,100

Secure permits and licenses


Purchase of equipment and
installation

1,250
1,750

Hiring of personnel

250

Purchase of supplies and


inventories

400

Total

4,950

Table 4.2.2 shows the mobility expenses with the estimated amount of
P 4,950 that covers the securing of business location, business registration,
securing permits and licenses, purchase of equipments and installation, hiring of
personnel and purchase of supplies and inventories.

48

Office Equipment
Table 4.3
Office Equipment
Particulars

Quantity

Air Conditioner
Wall Fan
Exhaust Fan
Desk
Money Box
Monobloc Chair
Wall Clock
Cellphone
Calculator
Total

1
1
1
1
1
4
1
1
1

Unit Price

Total
Amount

10,000
800
700
1,500
400
300
200
1,300
500

10,000
800
700
1,500
400
1,200
200
1,300
500
16,600

Est.
Useful
Annual
Life
Depreciation
(Years)

8
5
5
10
10
4
4
5
5

1,250
160
140
150
40
300
50
260
100
2,450

Table 4.3 shows the office equipment that will be used in the business
amounting to P 16,600 and the annual depreciation expense for these
equipments amounting to P 2,450.

Table 4.4
Lease Improvements

Particulars
Renovation of Leased Unit
Signage
Total

Term Amortization/
(Years) Depreciation
45,000
20
P
2,250
5,000
10
500
50,000
P
2,750

Total Amount
P
P

Table 4.4 shows the total cost of renovation of the unit for P 50,000 with a
term of 20 years with an annual amortization of P 2,750.

49

Administrative and Selling Expenses


Table 4.5
Administrative and Selling Expenses

Particulars

Reference
2013
2014
Lease
Ch. 3, Tab. 3.1 P 48,000.00 P 48,000.00 P
Office Supplies
Ch. 4, Tab. 4.5.1
1,100.00
1,133.00
Cleaning Supplies
Ch. 4, Tab. 4.5.2
1,000.00
1,030.00
Administrative Salaries
Ch. 4, Tab. 4.5.3
67,600.00
67,600.00
SSS, PhilHealth,Pag-Ibig Ch. 4, Tab. 4.5.4
6,891.60
6,891.60
Contributions
Utilities Expense
Ch. 4, Tab. 4.5.5
51,340.00
52,880.00
Depreciation/Amortization Ch. 4, Tab. 4.5.6
5,200.00
5,200.00
Expense Taxes and
Permits,
Ch. 4, Tab. 4.5.7
2,500.00
Licenses -Tax
Renewal
Business
Ch. 4, Tab. 4.5.8
2,670.00
2,717.00
Percentage Tax
Ch. 4, Tab. 4.5.9
26,703.00
27,174.00
Marketing Expense
Ch. 2, Tab. 2.10
3,500.00
Total
P 210,504.60 P 218,625.60 P

2015
2016
48,000.00 P 48,000.00 P
1,167.00
1,202.00
1,061.00
1,093.00
67,600.00
67,600.00
6,891.60
6,891.60
54,466.00
56,100.00
5,200.00
5,200.00
2,500.00
2,500.00
3,083.00
3,136.00
30,835.00
31,362.00
3,500.00
3,500.00
224,303.60 P 226,584.60 P

Table 4.5 shows the total administrative and selling expenses for the
years 2014 2018.

50

2017
48,000.00
1,238.00
1,126.00
67,600.00
6,891.60
57,783.00
5,200.00
2,500.00
3,519.00
35,192.00
3,500.00
232,549.60

Table 4.5.1
Office Supplies

Year

Particulars

Record book
Receipts
2014
Ballpen
Total

Unit
Total
Price Amount
6 pcs
P
25 P
150
30 booklets
30
900
10 pcs
5
50
P 1,100
Quantity

Record book
Receipts
2015
Ballpen
Total

155
927
51
P 1,133

Record book
Receipts
2016
Ballpen
Total

Record book
Receipts
2017
Ballpen
Total

Record book
Receipts
2018
Ballpen
Total

160
955
52
P 1,167
165
984
53
P 1,202
170
1,014
54
P 1,238

Table 4.5.1 shows the office supplies that will be used in the business
amounting to P 1,100 for the first year of operations. This total amount is to
increase by three percent annually, while the number of particulars remains
constant.

51

Table 4.5.2
Cleaning Supplies
Year

Particulars

Quantity

2014

Soft broom
Broom
Mop
Rag
Glass wiper
Powdered soap
Trash bin
Dust pan
Total

2015

Soft broom
Broom
Mop
Rag
Glass wiper
Powdered soap
Trash bin
Dust pan
Total
Soft broom
Broom
Mop
Rag
Glass wiper
Powdered soap
Trash bin
Dust pan
Total

Soft broom
Broom
Mop
Rag
Glass wiper
Powdered soap
Trash bin
Dust pan
Total

Soft broom
Broom
Mop
Rag
Glass wiper
Powdered soap
Trash bin
Dust pan
Total

2016

2017

2018

2 pcs
3 pcs
2 pcs
4 pcs
2 pcs
3 kls
1 pc
2 pcs

Unit
Amount
Price
P
P
70
140
15
45
115
230
30
120
50
100
55
165
120
120
40
80
P 1,000

144
46
237
124
103
170
124
82
1,030
148
47
244
128
106
175
128
85
1,061
153
48
251
132
109
180
132
88
1,093
158
49
259
136
112
185
136
91
1,126

Table 4.5.2 indicates the annual quantity of cleaning supplies by the


proposed business including their respective particular unit prices for the years

52

2014 2018. The unit price of each particular cleaning supply is to increase by
three percent annually after the first year of operations.

Table 4.5.3
Administrative Salaries

Employees
Cashier
Total

Monthly Thirteenth
Annual
Salary Month pay
Salary
P 5,200 P 5,200 P
67,600
P
67,600

Table 4.5.3 shows the monthly and annual salary of the administrative
employee, inclusive of her thirteenth month pay for the years 2014 2018.

Table 4.5.4
SSS, PhilHealth, Pag-Ibig Contributions
(Administrative Personnel)
Employees

Cashier
Total

SSS + EC PhilHealth Pag-Ibig

P 363.30 P

105 P

Monthly
Contributions

100 P

568.30

Annual
Contributions

P 6,891.60
P 6,891.60

Table 4.5.4 shows the annual contributions to be remitted to SSS,


PhilHealth, Pag-Ibig for the years 2014 2018. This represents the benefits
given to the administrative personnel of the proposed business.

53

Table 4.5.5
Utilities Expense

Particular

2014
2015
2016
2017
2018
Electricity
P 15,000 P 15,450 P 15,914 P 16,391 P 16,883
Communication
4,800
4,944
5,092
5,245
5,402
Water
5,280
5,438
5,601
5,769
5,942
Gasoline
26,000
26,780
27,583
28,410
29,262
Comp. Flourescent Lamp (2)
200
206
212
219
226
Clock Battery (3)
60
62
64
66
68
Total
P 51,340 P 52,880 P 54,466 P 56,100 P 57,783
Table 4.5.5 shows the annual electricity, communication, water and
gasoline or utilities expenses to be incurred are at P 51,340 for the first year. This
amount is to increase by three percent annually starting in the second year of
operations.
The total amount of the electricity and water utilities are inclusive of fixed
costs amounting to P 1,500, and P 1,320, respectively annually.

Table 4.5.6
Depreciation/ Amortization Expenses
Particular
Office Equipment
Lease Improvement
Total

Amount
P
2,450
2,750
P
5,200

Table 4.5.6 shows the annual depreciation and amortization expenses of


office equipment, and lease improvement for the years 2014 2018.

54

Table 4.5.7
Permits and Licenses Renewal
Year

Agency

2015

BIR
Mun. of Aguilar
Mun. Health Office
Barangay Poblacion
Garbage fee
LTO Reg. Renewal
Total

2016

2017

2018

Permits, Taxes &


Licenses
TIN
Mayor's Permit
Sanitary Permit
Barangay Permit

Amount
P

LTO Franchise
P

BIR
Mun. of Aguilar
Mun. Health Office
Barangay Poblacion
Garbage fee
LTO Reg. Renewal
Total

TIN
Mayor's Permit
Sanitary Permit
Barangay Permit

BIR
Mun. of Aguilar
Mun. Health Office
Barangay Poblacion
Garbage fee
LTO Reg. Renewal
Total

TIN
Mayor's Permit
Sanitary Permit
Barangay Permit

BIR
Mun. of Aguilar
Mun. Health Office
Barangay Poblacion
Garbage fee
LTO Reg. Renewal
Total

TIN
Mayor's Permit
Sanitary Permit
Barangay Permit

LTO Franchise
P
P

LTO Franchise
P
P

LTO Franchise
P

500
450
100
50
100
1,300
2,500
500
450
100
50
100
1,300
2,500
500
450
100
50
100
1,300
2,500
500
450
100
50
100
1,300
2,500

Table 4.5.7 shows the annual permits, taxes and licenses expenses for
the renewal of the registration and other requirements of the proposed business.

55

Table 4.5.8
Business Tax

Year
2014
2015
2016
2017
2018

Amount
Computation
P
2,670 P 890,100 x .03 x .10
2,717
905,800 x .03 x .10
3,083 1,027,832 x .03 x .10
3,136 1,045,388 x .03 x .10
3,519 1,173,063 x .03 x .10

Table 4.5.8 shows the annual business tax to be paid by the proposed
business to the municipality of Aguilar for the years 2014 2018.
The business tax is computed based on the one-tenth of three percent of
the gross sales.
The total gross sales is composed of the gross sales for water refills and
the containers found in Chapter 2, Table 2.8 and Table 2.9, respectively.

56

Table 4.5.9
Percentage Tax

Year
Amount
Computation
2014 P 26,703 P
890,100 x .03
2015
27,174
905,800 x .03
2016
30.835
1,027,832 x .03
2017
31,362
1,045,388 x .03
2018
35,192
1,173,063 x .03
Table 4.5.9 shows the annual percentage tax to be paid by the proposed
business for the years 2014 2018.

57

Chapter V
FINANCIAL PLAN

Project Cost
Table 5.1
Cost of Capital

Particular
Property, Plant, and Equipment
Production Equipment
Delivery Equipment
Office Equipment
Lease Improvements
Other Non-Current Assets
Pre-Operating Expenses
Advance lease (12 months)
Cash
Total

Amount
P

96,500
55,000
16,600
50,000
7,700
13,425
48,000
72,775
360,000

Table 5.1 shows the total cost of capital for the proposed business D n E
WATERrific Spring. The proponents are to contribute P 180,000 each.

58

Major Assumptions
1. Target market is set at 11% of the demand-supply gap and will increase by
1% every three years.
2. Sales allowance is set at 1/2% of the target sales quantity.
3. Selling price of the water refill will increase by P 3 every two years.
4. Sales forecast of the containers is set at 75% for the slim-type and 25% for
the round containers.
5. Unit price of the water raw material is to increase annually by 2%.
6. The cost per unit of the electricity is to increase by 3% annually, and also,
the annual quantity consumed is to increase by 3% percent every year.
7. The quantity of container seals is to increase by 1000 pieces every two
years succeeding the first year of operations.
8. The price of cleaning supplies is to increase by 3%; the number of
quantities remains constant both in production and administrative.
9. The office supplies are to increase annually by 3%, while the number of
particulars remains constant.
10. Utilities expense is to increase by 3% annually.
11. Straight line method is the depreciation method employed in the proposed
business.
12. The container inventories are computed by weighted average method.
13. Other expenses remain constant.
14. The price of the consumables and the container inventories are constant.
15. No ending inventory finished goods, work in process, raw materials.

59

16. The number of containers sold, is the proposed estimated sale for the
proposed business.
17. All taxes are paid the following year business, percentage and income,
and are computed on annual basis.
18. Withdrawal of P 200,000 is to be made by the partners for the first year and
the amount is to increase by P 50,000 annually.
19. Fully depreciated assets with residual value will be sold without gain or loss
the following the year of full depreciation.
20. Replacement cost of fully depreciated equipments is same with original
acquisition cost.

60

Projected Financial Statements


Table 5.2
D n E WATERrific Spring
Projected Statement of Comprehensive Income
For the Year Ended December 31, 2014-2018

Gross Sales
Less: Sales Allowance
Net Sales
Less: Cost of Sales
Gross Sales
Add: Other Income
Total
Less: Admin. & Selling Expenses
Pre-Operating Expenses
Earnings before Tax
Less: Tax Due
Net Income

Note
1 P

2
3
4

2014
890,100.00 P
4,200.00
885,900.00
258,090.47
627,809.53
627,809.53
210,504.60
13,425.00 403,879.93
121,163.99
282,715.94 P

2015
2016
2017
2018
905,800.00 P 1,027,832.00 P 1,045,388.00 P 1,173,063.00
4,300.00
4,900.00
4,984.00
5,611.00
901,500.00 1,022,932.00 1,040,404.00 1,167,452.00
269,039.12
272,063.55
275,757.80
279,120.80
632,460.88
750,868.45
764,646.20
888,331.20
800.00 632,460.88
750,868.45
765,446.20
888,331.20
218,625.60
224,303.60
226,584.60
232,549.60
413,835.28
526,564.85
538,861.60
655,781.60
124,150.58
157,969.45
161,658.48
196,734.48
289,684.70 P 368,595.40 P 377,203.12 P 459,047.12

Table 5.2 shows the projected statement of comprehensive income of D n E WATERrific Spring for the years 2014
2018. The tax rate used is 30% to get the tax due. Profit for the years 2014, 2015, 2016, 2017 and 2018 is P282,715.94;
P 289,684.70; P 368,595.40; P 377,203.12; and P 459,047.12;, respectively.

61

Table 5.3
D n E WATERrific Spring
Projected Statement of Cash Flows
For the year Ended December 31, 2014 2018
2014
Cash flows from Operating Activities
Income after Tax
Add: Non-Cash Charges
Depreciation/Amortization
Other Non-Cash Charges
Increase in Taxes Payable
Net cash provided by Operating Activities
Cash flows from Investing Activities
Cash Inflow/(Outflow)
Production Equipment
Delivery Equipment
Administrative Equipment
Other Non-current Assets
Payment for Lease Improvements
Net cash flow from Investing Activities
Cash flows from Financing Activities
Partners' Investment
Partners' Withdrawals
Net cash flow from Financing Activities
Increase in Cash
Add: Cash, beginning balance
Cash, at the end of the period

2015

2016

2017

2018

P 282,715.94

P 289,684.70

P 368,595.40

P 377,203.12

P 459,047.12

22,250.00

22,250.00

22,250.00

22,250.00

22,250.00

(P

150,536.99
455,502.93 P

96,500.00)
(55,000.00)
(16,600.00)
(7,700.00)
(50,000.00)
(P 225,800.00)

3,504.59
315,439.29 P

37,845.87
428,691.27 P

(P
(P

4,269.03
403,722.15 P

39,289.00
520,586.12

(P
6,900.00)
6,900.00) (P

1,400.00)
1,400.00)

360,000.00
(200,000.00)
(250,000.00)
(300,000.00)
(350,000.00)
(400,000.00)
P 160,000.00 (P 250,000.00) (P 300,000.00) (P 350,000.00) (P 400,000.00)
P 389.702.93 P
65,439.29 P 128,691.27 P
46,822.15 P 119,186.12
389.702.93
455,142.22
583,833.49
630,655.64
P 389.702.93 P 455,142.22 P 583,833.49 P 630,655.64 P 749,841.70

Table 5.3 shows the projected statement of cash flows for the years 2014 2018. In determining the cash balance,
indirect method was used. Non-cash charges are added back to profit after tax. There was no beginning cash balance for
2014, which is the initial year of operations.
62

Table 5.4
D n E WATERrific Spring
Projected Statement of Changes in Partners Equity
For the Year Ended December 31, 2014 2018

2014

2015

2016

2017

2018

Partners' Equity
Fabros Capital, Beg
Add: Share in Net Income
Total
Withdrawals
Fabros Capital, End

P 180,000.00 P 221,357.97 P
141,357.97
144,842.35
321,357.97
366,200.32
100,000.00
125,000.00
P 221,357.97 P 241,200.32 P

241,200.32 P 275,490.02 P
184,297.70
188,601.56
425,498.02
464,099.58
150,000.00
175,000.00
275,490.02 P 289,099.58 P

289,099.58
229,523.56
518,623.14
200,000.00
318,623.14

Molano Capital, Beg


Add: Share in Net Income
Total
Withdrawals
Molano Capital, End

P 180,000.00 P 221,357.97 P
141,357.97
144,842.35
321,357.97
366,200.32
100,000.00
125,000.00
P 221,357.97 P 241,200.32 P

241,200.32 P 275,490.02 P
184,297.70
188,601.56
425,498.02
464,099.58
150,000.00
175,000.00
275,490.02 P 289,099.58 P

289,099.58
229,523.56
518,623.14
200,000.00
318,623.14

Total Partners' Equity

P 442,715.94 P 482,400.64 P 550,996.04 P 578,199.16 P 637,246.28

Table 5.3 shows the projected statement of changes in partners equity for the years 2014 2018. The partners
equity represents total share of both the proponents in the ratio of 50:50. Profit and withdrawals for each year will be equal
for both partners.

63

Table 5.5
D n E WATERrific Spring
Projected Statement of Financial Position
As of December 31, 2014 - 2018
Note

2014

2015

2016

2017

2018

Assets
Current Assets
Cash
Total Current Assets
Non-Current Assets
Poperty, Plant and Equipment
Lease Improvements
Other Non-Current Assets
Total Non-Current Assets

5
6
7

TOTAL ASSETS
Liabilities and Partners' Equity
Taxes Payable
Partners' Equity, End
TOTAL LIABILITIES AND
PARTNERS' EQUITY

P
P

389,702.93 P
389,702.93 P

455,142.22 P
455,142.22 P

583,833.49 P
583,833.49 P

630,655.64 P
630,655.64 P

749,841.76
749,841.76

150,900.00 P
47,250.00
5,400.00
203,550.00 P

133,700.00 P
44,500.00
3,100.00
181,300.00 P

116,500.00 P
41,750.00
800.00
159,050.00 P

99,300.00 P
39,000.00
5,400.00
143,700.00 P

83,500.00
36,250.00
3,100.00
122,850.00

593,252.93 P

636,442.22 P

742,883.49 P

774,355.64 P

872,691.76

150,536.99 P
442,715.94

154,041.58 P
484,400.64

191,887.45 P
550,996.04

196,156.48 P 235,445.48
774,355.64
6,372,467.28

593,252.93 P

636,442.22 P

742,883.49 P

774,355.64 P

872,691.76

Table 5.4 shows the projected statement of financial position for the years 2014 2018. Total assets must equal
total liabilities and partners equity. Total assets amounted to P 593,252.93; P636,442.22; P 742,883.49; P 774,355.64
and P 872,691.76; for the years 2014 to 2018, respectively.
64

Note 1
Gross Sales
Year

Particular
P

2014

Water Refill
Containers [S]
Containers [R]
Total
Water Refill
Containers [S}
Containers [R]
Total

Water Refill
Containers [S]
Containers [R]
Total

Water Refill
Containers [S]
Containers [R]
Total

Water Refill
Containers [S]
Containers [R]
Total

2015

2016

2017

2018

Total Sales
846,600
32,250
11,250
890,100

862,300
32,250
11,250
905,800

983,332
33,000
11,500
1,027,832
1,000,888
33,000
11,500
1,045,388
1,127,683
33,750
11,750
1,173,183

This shows the total annual gross sales for the years 2014 2018.

Note 2
Cost of Sales
2014
Water Refills
Raw Materials
Cost of Labor
Factory Overhead
Total

2015

2016

2017

2018

28,633.47 P 29,705.12 P 30,902.55 P 32,089.80 P 33,264.80


129,792.00
129,792.00
129,792.00
129,792.00
129,792.00
74,165.00
84,042.00
85,869.00
88,556.00
90,564.00
P 232,590.47 P 243,539.12 P 246,563.55 P 250,437.80 P 253,620.80

Containers
Merchandise
Total

P
P

25,500.00 P
25,500.00 P

25,500.00 P
25,500.00 P

25,500.00 P
25,500.00 P

25,500.00 P
25,500.00 P

25,500.00
25,500.00

Total

258,090.47 P

269,039.12 P

272,063.55 P

275,757.80 P

279,120.80

This shows the annual cost of sales for water refills and containers for the
years 2014 2018.
65

Note 3
Administrative and Selling Expenses

Particulars

Reference
2013
2014
Lease
Ch. 3, Tab. 3.1 P 48,000.00 P 48,000.00 P
Office Supplies
Ch. 4, Tab. 4.5.1
1,100.00
1,133.00
Cleaning Supplies
Ch. 4, Tab. 4.5.2
1,000.00
1,030.00
Administrative Salaries
Ch. 4, Tab. 4.5.3
67,600.00
67,600.00
SSS, PhilHealth,Pag-Ibig Ch. 4, Tab. 4.5.4
6,891.60
6,891.60
Contributions
Utilities
Expense
Ch. 4, Tab. 4.5.5
51,340.00
52,880.00
Depreciation/Amortization Ch. 4, Tab. 4.5.6
5,200.00
5,200.00
Expense
Permits, Taxes and
Ch. 4, Tab. 4.5.7
2,500.00
Licenses -Tax
Renewal
Business
Ch. 4, Tab. 4.5.8
2,670.00
2,717.00
Percentage Tax
Ch. 4, Tab. 4.5.9
26,703.00
27,174.00
Marketing Expense
Ch. 2, Tab. 2.10
3,500.00
Total
P 210,504.60 P 218,625.60 P

2015
2016
48,000.00 P 48,000.00 P
1,167.00
1,202.00
1,061.00
1,093.00
67,600.00
67,600.00
6,891.60
6,891.60
54,466.00
56,100.00
5,200.00
5,200.00
2,500.00
2,500.00
3,083.00
3,136.00
30,835.00
31,362.00
3,500.00
3,500.00
224,303.60 P 226,584.60 P

2017
48,000.00
1,238.00
1,126.00
67,600.00
6,891.60
57,783.00
5,200.00
2,500.00
3,519.00
35,192.00
3,500.00
232,549.60

This shows the annual administrative and selling expenses for the years
2014 2018.

Note 4
Pre-Operating Expenses
Particular
Permits, Taxes and Licences
Mobility Expense
Marketing Expense
Total

Amount
P
2,935
4,950
5,360
P
13,425

This shows the pre-operating expenses for the initial year of operations,
2014.

66

Note 5
Property, Plant and Equipment
Paritcular
Production Equipment
Accum. Depreciation
Total

2014
2015
2016
2017
2018
P
96,500 P
96,500 P
96,500 P
96,500 P
96,500
(9,800)
(19,600)
(29,400)
(39,200)
(49,000)
P
86,700 P
76,900 P
67,100 P
57,300 P
47,500

Delivery Equipment
Accum. Depreciation
Total

Administrative Equipment
Accum. Depreciation
Total

Total

55,000 P
(4,950)
50,050 P

55,000 P
(9,900)
45,100 P

55,000 P
(14,850)
40,150 P

55,000 P
(19,800)
35,200 P

55,000
(24,750)
30,250

16,600 P
(2,450)
14,150 P

16,600 P
(4,900)
11,700 P

16,600 P
(7,350)
9,250 P

16,600 P
(9,800)
6,800 P

16,600
(10,850)
5,750

P 150,900 P 133,700 P 116,500 P

99,300 P

83,500

This shows the yearly composition of property, plant and equipment


carrying value, for the years 2014 2018.

Note 6
Lease Improvements
Particular
Leased Improvements
Accum. Depreciation
Total

P
P

2014
50,000 P
(2,750)
47,500 P

2015
50,000 P
(5,500)
44,500 P

2016
50,000 P
(8,250)
41,750 P

2017
50,000 P
(11,000)
39,000 P

2018
50,000
(13,750)
36,250

This shows the yearly composition of the lease improvements for the
years 2014 2015.
Note 7
Other Non-Current Assets
Particular
Other Non-Current Assets
Accum. Depreciation
Total

2014
2015
2016
2017
2018
7,700 P 7,700 P 7,700 P 7,700 P 7,700
(2,300)
(4,600)
(6,900)
(2,300)
(4,600)
P 5,400 P 3,100 P
800 P 5,400 P 3,100
P

This shows the yearly composition of other non-current assets for the
years 2014 2018.
67

Note 8
Taxes Payable

Paricular
2014
2015
2016
2017
2018
Business Tax Payable
P
2,670.00 P
2,717.00 P
3,083.00 P
3,136.00 P
3,519.00
Percentage Tax Payable
26,703.00
27,174.00
30,835.00
31,362.00
35,192.00
Income Tax Payable
121,163.99 124,150.58 157,969.45 161,658.48 196,734.48
Total
P 150,536.99 P 154,041.58 P 191,887.45 P 196,156.48 P 235,445.48
This shows the annual taxes payable for the years 2014 2018. This
comprise of income taxes, percentage taxes payable and business taxes
payable.

68

Break-even Point Analysis


Table 5.6
Break-even Point in Sales

Particular

2014
2015
2016
2017
2018
P 129,792.00 P 129,792.00 P 129,792.00 P 129,792.00 P 129,792.00
17,050.00
17,050.00
17,050.00
17,050.00
17,050.00
25,500.00
25,500.00
25,500.00
25,500.00
25,500.00
130,511.60
136,511.60
136,511.60
136,511.60
136,511.60
P 302,853.60 P 308,853.60 P 308,853.60 P 308,853.60 P 308,853.60
66%
66%
66%
66%
65%
P 458,869.09 P 467,960.00 P 467,960.00 P 467,960.00 P 475,159.48

Direct Labor
Fixed Factory Overhead
Merchandise Inventory-Container
Fixed Admin. & Selling Expense
Total Fixed Cost
Divided by: CMR* (1 - VCR)
Break-even Point in Sales
*Note: CMR Contribution Margin Ratio

Table 5.6 shows the break-even point in terms of peso sales of the
proposed business for the years 2014 2018. The break-even in peso sales is
computed by totaling all fixed cost, and then divides it by the contribution margin
ratio (1 variable cost ratio).
Computation for Variable Cost Ratio

Paricular
Raw Materials - Water Refill
Variable Factory Overhead
Pre-Operating Expense
Variable Admin. & Selling Expense
Sales Allowance
Income Tax
Total Variable Cost
Divided by: Gross Sales
Variable Cost Ratio

2014
28,633.47 P
57,115.00
13,425.00
79,993.00
4,200.00
121,163.99
304,580.46 P
890,100.00
34%

2015
2016
2017
2018
29,705.12 P
30,902.55 P
32,089.80 P
33,264.80
66,992.00
68,819.00
71,506.00
73,534.00
82,114.00
87,792.00
90,073.00
96,038.00
4,300.00
4,900.00
4,984.00
5,611.00
124,150.58
157,969.45
161,658.48
196,734.48
307,261.70 P 350,383.00 P 360,311.28 P 405,182.28
905,800.00 1,027,832.00 1,045,388.00 1,173,063.00
34%
34%
34%
35%

Table 5.7
69

Break-even Point in Volume

Particular

2014
2015
2016
2017
2018
Direct Labor
P 129,792.00 P 129,792.00 P 129,792.00 P 129,792.00 P 129,792.00
Fixed Factory Overhead
17,050.00
17,050.00
17,050.00
17,050.00
17,050.00
Merchandise Inventory-Container
25,500.00
25,500.00
25,500.00
25,500.00
25,500.00
Fixed Admin. & Selling Expense
130,511.60
136,511.60
136,511.60
136,511.60
136,511.60
Total Fixed Cost
P 302,853.60 P 308,853.60 P 308,853.60 P 308,853.60 P 308,853.60
Divided by: CM/unit (SP/unit - VC/unit) P
16.01 P
16.09 P
18.02 P
17.92 P
19.86
Break-even Point in Volume
18917
19195
17139
17235
15552
Table 5.7 shows the break-even point in terms of volume of the proposed
business for the years 2014 2018. The break-even in volume is computed by
totaling the fixed cost, and then divides it by the contribution margin per unit
(selling price/unit variable cost/unit).
Selling price is P 25 for 2014 2015; P 28 for 2016 2017; and P 31 for
2018.
Computation for Variable Cost per Unit

Paricular
Raw Materials - Water Refill
Variable Factory Overhead
Pre-Operating Expense
Variable Admin. & Selling Expense
Sales Allowance
Income Tax
Total Variable Cost
Divided by: Gross Sales (Quantity)
Variable Cost per Unit

P
P

2014
28,633.47 P
57,115.00
13,425.00
79,993.00
4,200.00
121,163.99
304,580.46 P
33,696
8.99 P

2015
29,705.12 P
66,992.00
82,114.00
4,300.00
124,150.58
307,261.70 P
34,320
8.91 P

2016
30,902.55 P
68,819.00
87,792.00
4,900.00
157,969.45
350,383.00 P
34,944
9.98 P

2017
32,089.80 P
71,506.00
90,073.00
4,984.00
161,658.48
360,311.28 P
35,568
10.08 P

2018
33,264.80
73,534.00
96,038.00
5,611.00
196,734.48
405,182.28
36,192
11.15

Financial Statement Analysis


70

Table 5.8
Return on Investment

Year

Return on
Investment

Computation

(Percentage)

2014

48

2015

47

2016

53

2017

50

2018

56

282,715.94
(593,252.92)
289,684.70
[(593,252.92 + 636,442.22)/2]
368,595.40
[(636,442.22 + 742,883.49)/2]
377,203.12
[(742,883.49 + 774,355.64)/2]
459,047.12
[(774,355.64 + 872,691.76)/2]

Table 5.8 illustrates the return on investment (ROI) for the years 2014
2018. The return on investment is a measure that indicates whether the
management is using funds wisely. The formula for computation of the ROI is net
income over average total assets.

Table 5.9
Return on Sales
71

Year

Return on
Sales

Computation

(Percentage)

2014

32

2015

32

2016

36

2017

36

2018

39

282,715.94
885,900.00
289,684.70
901,500.00
368,595.40
1,022,932.00
377,203.12
1,040,404.00
459,047.12
1,167,452.00

Table 5.9 illustrates the return on sales of the proposed business for the
years 2014 2018. Based on the data, the return on sales increase gradually
from 32% 39% from 2014 2018.

Table 5.10
Current Ratio
72

Year

Current
Ratio

2014

2.59

2015

2.95

2016

3.04

2017

3.22

2018

3.18

Computation
3,897,023.00
150,536.99
455,142.22
154,041.58
583,833.49
191,887.45
630,655.64
196,156.48
749,841.76
235,445.48

Table 5.10 illustrates the current ratio of the proposed business for the
years 2014 2018. Current ratio is the test of short-term debt paying ability of the
business.

Table 5.11
Payback Period
Year

Cash Outflow

2014
2015
2016
2017
2018

360,000 P

Cash Inflow
304,965.94
311,934.70
390,845.40
399,453.12
481,297.12

Cumuative
Payback
Cashflow
Period
(P 55,034.06)
1
256,900.04
0.18
647,746.04
1,047,199.16
1,528,496.28

Table 5.11 illustrates the payback period of the investment in the


proposed business. Payback period is the length of time required by the
proposed project to return the initial cost of its investments. The net annual cash
flow composed of the income after tax plus the depreciation. From the above
data, it shows that within 1 year, 2 months and 2 days (March 3, 2015) the
investment of P 360,000 will be recovered.
Chapter VI

73

SOCIO-ECONOMIC ASPECT

This aspect is concerned with the benefits that the proposed business can
offer to its employees, to the municipality of Aguilar, Pangasinan, to the local and
national economy.
The proposed business can help generate employment and these
employees shall be given basic salary for their living.
Government
The national government will be benefited by the taxes that the proposed
business will pay. The proposed business will be paying 3% percentage tax of
gross sales and income tax of 30% of net income.
In the local government setting, the proposed business will pay business
tax computed by one-tenth of the 3% of the gross sales. These taxes will help the
government in the accomplishment of different projects in the municipality of
Aguilar.
Local Economy
The proposed business will create job opportunities which can help lessen
the unemployment rate of our country.

74

Customers
The proposed business can help the customers by producing and
providing them safe, sterilized, and natural alkaline water.

Recommendation
Based on all the data gathered and evaluated, and the result of the
studies the proposed business is feasible.

75

APPENDICES

76

APPENDIX A
SURVEY QUESTIONNAIRE

Please check the answer on the space provided.

Do you buy water refill?

YES ____________

NO ___________

If yes, how many container refills do you purchase in a week?


One

__________

Five ___________

Two

__________

Six ___________

Three __________

Others, please specify___________

Four __________

77

APPENDIX B
UNSTRUCTURED INTERVIEW GUIDE

1. How many refills do you usually sell, on the average, in a day?


2. How many days do you operate in a week?
3. How many hours in a day do you operate?
4. What is your estimate of allowance for sale of water refills?

78

APPENDIX C
POPULATION

Republic of the Philippines


Province of Pangasinan
MUNICIPALITY OF AGUILAR

Name of
Barangay
Bayaoas
Baybay
Bocacliw
Bocboc East
Bocboc West
Buer
Calsib
Laoag
Manlocboc
Ninoy
Panacol
Poblacion
Pogomboa
Pogonsili
San Jose
Tampac
TOTAL ---------

Female

Male

1032
1433
1303
1287
928
1531
1173
1443
599
1641
847
1894
871
1189
1204
1133
19508

1070
1445
1304
1349
847
1606
1178
1606
659
1708
825
1970
891
1250
1281
1136
20125

No. of
Household
Population
2011
2102
2878
2607
2636
1775
3137
2351
3049
1258
3349
1672
3864
1762
2439
2485
2269
39633

No. of
Household

No. of
Families

400
583
513
482
317
607
476
570
229
620
351
816
361
466
466
476
7733

488
638
528
539
354
689
539
669
247
687
362
867
396
547
518
521
8589

79

Republic of the Philippines


Province of Pangasinan
MUNICIPALITY OF AGUILAR

Name of
Barangay
Bayaoas
Baybay
Bocacliw
Bocboc East
Bocboc West
Buer
Calsib
Laoag
Manlocboc
Ninoy
Panacol
Poblacion
Pogomboa
Pogonsili
San Jose
Tampac
TOTAL ---------

Female

Male

1021
1418
1290
1274
919
1514
1161
1427
593
1622
839
1870
862
1176
1190
1122
19298

1059
1430
1291
1335
838
1589
1166
1589
652
1689
816
1947
882
1235
1268
1124
19910

No. of
Household
Population
2010
2080
2848
2581
2609
1757
3103
2327
3016
1245
3311
1655
3817
1744
2411
2458
2246
39208

No. of
Household

No. of
Families

396
577
508
477
314
600
471
563
227
613
347
808
357
460
461
471
7650

4843
632
523
534
350
682
534
661
244
680
358
857
392
540
516
515
8497

80

Republic of the Philippines


Province of Pangasinan
MUNICIPALITY OF AGUILAR

Name of
Barangay
Bayaoas
Baybay
Bocacliw
Bocboc East
Bocboc West
Buer
Calsib
Laoag
Manlocboc
Ninoy
Panacol
Poblacion
Pogomboa
Pogonsili
San Jose
Tampac
TOTAL ---------

Female

Male

1011
1404
1277
1261
910
1498
1149
1413
587
1605
830
1850
853
1164
1177
1111
19100

1048
1415
1278
1321
829
1573
1154
1573
645
1672
808
1927
873
1222
1255
1112
19705

No. of
Household
Population
2009
2059
2819
2555
2582
1739
3071
2303
2986
1232
3277
1638
3777
1726
2386
2432
2223
38805

No. of
Household

No. of
Families

392
571
503
472
311
594
466
557
225
607
343
800
353
456
455
466
7571

478
626
518
529
346
675
529
654
241
673
354
848
388
534
506
510
8409

81

APPENDIX D
STORE LOCATION

82

APPENDIX E
FACTORY LAYOUT

Aircon

4 meters

Table Desk

3 meters

83

APPENDIX F
COMPETITORS
Competitor A Living Water Refilling Station
Buer, Aguilar

Competitor B CDMG Water Refilling Station


Poblacion, Aguilar

Competitor C VSB Water Refilling Station


Pogomboa, Aguilar

Competitor D Hermogeno Water Refilling Station


Calsib, Aguilar

Competitor E Aqua Crepa


Tampac, Aguilar

84

APPENDIX G
BUSINESS LOGO

D n E WATERrific Spring
Alkaline Water Refilling Station

85

APPENDIX H
CURRICULUM VITAE

PERSONAL INFORMATION

Name:

Donald R. Fabros

Nickname:

Nald/domz

Age:

20 years old

Birthday:

February 19, 1992

Parents:

Mr. Dominador S. Fabros


Mrs. Maria R. Fabros

Address:

Baybay, Aguilar, Pangasinan

EDUCATIONAL BACKGROUND

Elementary: Aguilar Central School


1999 - 2005
High School: Aguilar Catholic School
2005 - 2009
College:

Bachelor of Science in Accountancy


Lyceum Northwestern University
Tapuac District, Dagupan City

86

PERSONAL INFORMATION

Name:

Edward P. Molano

Nickname:

Dardy

Age:

20 years old

Birthday:

October 1, 1992

Parents:

Mr. Manolo B. Molano


Mrs. Estrellita P. Molano

Address:

#27 Brgy. Pantal, Bugallon, Pangasinan

EDUCATIONAL BACKGROUND

Elementary: Asinan Elementary School


Asinan, Bugallon, Pangasinan
1999 - 2005
High School: St. Andrew Catholic School
N. Espino st, Poblacion, Bugallon, Pangasinan
2005 - 2009
College:

Bachelor of Science in Accountancy


Lyceum Northwestern University
Tapuac District, Dagupan City
2009 - Present

87