EXECUTIVE SUMMARY

Arshel Car wash will be one of the most leading car wash in Davao City, it is
located in Poblacion District besides burger king, Bajada. Arshel carwash is a business
association, owned by three businessmen and 4 businesswomen, namely: Steph cute,
Shanne Marie Matela, Patricia Nicole Go, Ericha Rabadon Keanu Puente, Alfer Enrico
Macasinag, and Jackie Lofranco. When one is too fed up with their sick and dusty ride,
Arshel car wash is here to cover all of your in-depth as this business envisions nothing
but the contentment of our customers, with its high-quality service in a very affordable
price. Surely, our valued customers can nonchalantly say "Arshel Return!".

After being satisfied with the service that we have offered. Our business is
expected to operate at 6 AM to 10 PM during weekdays while we are open at 8:30 AM to
8 PM during weekends. Since we live in the digital world, the modernity of our business
makes everything more efficient for our valued customers. Aside from cleaning every inch
of our customer's ride we do also offer a detailing service in which we'll be able to reach
a certain point of our customers expectation. In addition to that, Arshel car wash is also
utilizing a high quality equipments that could make our service more easier and
transcending. The following are our services offers: Buff Wax, Engine Wash, Armor
Interior, Armor Exterior, Body Wash, Vacuum, Tire Black, Under Wash, Exterior Detail,
and Interior Detail.

Furthermore, prices are depending on the customers desirable outcome for their
vehicles and its certain size. We can assure our possible customers that we render
service in a very affordable price which will be more applicable to all vehicle owners
especially to our student customers. As per our protocol, there will be a Php 50.00 parking
fine for those who miss to get their vehicle within 2 hours. For the latter part, we do offer
a promo card, a membership card to be more specific which is personally designed by
Arshel car wash. Our membership card contains points that are gained by our customers
for consecutively acquiring our business. We do also have a mini snack bar or employees
lounge which is only exclusive for our workers.

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 Arshel carwash is a business association who aims for the development of
everyone, with that we can attest that we have the most competent and skilled employees
in our business. Our skilled employees have the same vision and that is to render a
qualitative and effective service for everyone. Since we aim for the satisfactory of our
valued customers, we can assure everyone that our employees have good credibility
considering the fact that majority of our man power graduated with their degrees in their
own different field. To extract any infidelity, our employees are well trained in assisting
our customers during disputation. Arshel car wash is leading and reliable mainly because
of our objective for the man kid and that is to deliver high quality service in its most
reasonable price, contradicting any other business in the same field as ours who offers
high cost rates but still with the same service as we do as an in return.

All values that has been inputted in our financial statement are all based on the
information that we gathered from the personnel of a famous carwash and in our main
source which is the internet. Arshel’s financial statements was formulated through the
computations of the data collected and assumptions. The prepared statement is for the
year 2019 up to 2020. We conclude that our business gained for its first year in operating
and so on the year 2020. In our Statement of Comprehensive Income, you can see our
computed net income which is Php1757.73 in our first year and Php250,917.86 in the
following year. In our cash flow statement, we added Php1,400,000.00 for the investment
in the company because our owners equity in the 2019 is only Php18,745.89 which
serves as the contribution of each members for the capital of the company. Statement of
Financial Position shows the balance of the total assets and liabilities and owners equity
and by that, our business able to gain net income in our first two operating years.

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 INTRODUCTION

Company Description

Leaving in a modernize generation is an advantage for us to build this kind of

business. A lot of us have the mindset that people nowadays were being materialistic. In
this standpoint, we all know that vehicle before is a need for some reason. However, this
thing is currently a want of each and every one of us in our present. This thought connects
to those car owners’ responsibilities to maintain the cleanliness and neatness of their
vehicles as this also reflects of what they are. According to one of the employee of Gorilla
Carwash, the occurrences of not having customers for a day is impossible in which rapids
the income of their company even if this is known as one of the small business.
Undeniably, our business, Arshel Carwash that we will going to develop is always ready
to help every customer maintain the cleanliness of each of one’s vehicle with
extraordinary offers.

As we enter to this business industry, We, the owners would like to introduce
Arshel carwash. A business that never goes out of style in serving each one of you. More
specifically, Arshel is not just like an ordinary carwash, it has its unique machines to fulfill
its responsibility. The innovation of technologies and mechanisms today lead as the
outcome of our easy lives. In short, Arshel will provide some of the following apparatus
that will assist us in our cleaning: Pressure washer, compact electric, Vacuum cleaner
with blower, Power sprayer, Pressure tank, Hose, Pails/buckets, Carwash Pumps, and
many more. This equipment will fulfill our business for the greener pasture.

When it comes to the idea of the business’ name. Arshel was derived from the
initials of each owners’ name. most specifically, Arshel company offers the best service
in cleaning your cars in which the service will be rendered through customers who will
come in our establishment. This business was formulated due to owners’ obsession of
different kinds of cars. With this idea, it brings them to this type of business and all of
them agreed with it.

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 Owners’ decided to have a theme like “the cars” because according to Alfer, one of
the owners, “The theme is interesting and pleasing to evseryone’s eyes most especially
to those who have their own cars”. Consequently, primary customers focused by this
company are those customers that has their own car or customers that carries cars in the
highway. To sum up, “Arshel. where you can say, Arshel Return” is Arshel’s main motto
in terms of serving our customers in the right path since we provide every single thing
that will make arshel’s customers indulge the satisfactory.

Company Logo

Nature of the Business

Arshel Carwash is a service type of business in which provides intangible service and
offer professional skills, and expertise in washing your car. According to Gorilla Carwash,
Ninety-five percent car owners stated that driving a clean car can cheer them up, and
after that they have their car washed and cleansed at skilled and professional car wash
organization. As well as, most motorists said that driving a dirty car depressed them and
lessen their chance to attract the commuters to ride. Hence, let a professional car washer
clean your cars. Let Arshel do the task. This business will provide services that surely
meet the needs of our customers. These are Buff Wax, Engine Wash, Armor Interior,
Armor Exterior, Body Wash, Vacuum, Tire Black, Under Wash, Exterior Detail, and
Interior Detail.

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Form of Ownership

Arshel Carwash is a partnership business. A partnership is a type of business

organization in which two or more individuals obtain money, skills, and other resources.
In connection with this, the owners of this business decided to collaborate and build this
kind of business with unique offers that every customer should not miss. These are the
six partners: Stepfanny Cantaluna, Shanne Marie Matela, Patricia Nicole Go, Keanu
Puente, Alfer Enrico Macasinag, Ericha Rabadon and Jackie Lofranco in which they
stated that if they develop one of a kind vocation, there is a possible that solvency of this
business will long last.

Vision and Mission Statement

A. Vision Statement

Arshel Carwash business aims to establish a top-quality washing service for every car
owners all around the city and will be prominent in a city where it is established. Also, to
develop a highly successful and profitable business which will be attain by aiming the
satisfaction of our valued customers. This will be obtained by gaining the trust of our
employee so that they would be able to work productively. Hence, Arshel business will
also become a well-known and blooming business in our nation.

B. Mission Statement

Arshel Carwash business endeavors a quality service to our valued customers, a

sufficient and a relevant service to our clients while retaining its objective. We aspire to
produce employees, with great quality and good aspects in general while guaranteeing
our valued customers a quality service in its smallest amount of price. We can assert that
we have the most profound employees who aims for the satisfaction of every customer
with its sufficiency and an adequate value to each and everyone, especially to our dear
countrymen.

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 Goals and Objectives

Goals

1. Arshel will ensure every costumer a best output.

2. Arshel assure that time lags are impossible.
3. Arshel will have the consistent and positive ambiance to encourage customers to
come in our establishment.
4. Arshel will have the best employees all around the city.
5. Arshel will be viewed as a premium car wash and detail service in a city.
6. Arshell will provide a service business that helps the customers feel at ease
about the safety of their cars.

Objectives

1. Arshel Company guarantees that the given platforms are strictly followed and
implemented.
2. Arshel Carwash will maintain the equipment regularly in order to avoid with
mechanical issues.
3. Arshel Carwash provide a high quality, full-service car wash, include complete
inflation of wheel, promo card, and ringer where in it attracts the costumers
through our unique services.
4. Arshel Company aim to ensure that the costumers will be satisfied with our
service through high quality selection of staffs.
5. Arshell will be able to provide a good quality of service.
6. Arshel Company will be able to gain financial assets through customers
satisfaction.

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 MARKETING PLAN

Only Target Market Identification

Big Splash Company stated that “As long as there are vehicles on the road,
there will always be a need for car washes.” In which one of the common factuality for
every carwash businesses. In connection to that, our Arshel Company is a broad
business that also needs to aim a specific target customer with its strength capability to
hold plenty of market opportunities for our planned patronage. The emplacement of our
business gives us the chance to gain its target. More specifically, there are many
possible target markets that we could have, but the biggest opportunity of our company
lies to those transportation businesses and their drivers.
Many of the transportation businesses have their company cars that needs to be
washed often. Its fleets of cars and small vans must be kept clean to maintain their
company’s image. At this standpoint, these kind of transportation businesses will be
looking for a high-quality car wash to perform for their cars. As our target market will
prefer to have car wash service during the week rather than during weekends, like the
general public. The drivers under these businesses are mostly compose of males whom
are with the responsibilities of the vehicles. These individuals’ age range around 20s to
40’s years old.
As a result, this kind of target segmentations is helpful in attracting our
customer’s trust and will frequent the business in the typically quiet times for a car wash
business. Hence, Arshel will target particular customers which washing cars are not
their first priority.

Marketing Strategy

1. Product/Service

Arshel will provide the customers with the following Car wash services: Buff Wax,
Engine Wash, Armor Interior, Armor Exterior, Body Wash, Vacuum, Tire Black, Under
Wash, Exterior Detail, and Interior Detail. In this strategy, we can able to provide each
costumer who carries cars in the highway with high-quality service in regards of actual

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cleaning of their vehicles. Hence, those customers who leave their vehicles in our
custody three hours after we clean it will pay for a parking charge Php50.00 per existing
hour because we are not a parking area and we also have other customers to be
prioritize beside them.

2. Price
In terms of Pricing, Arshel offers you the Price which is right and surely equal to
the service we rendered. Our price depends on the service you choose. These
are your choices:

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 Classic wash is one of our service where it will provide a basic service of a body
wash, vacuum, and tire wash. Nevertheless, the Arshel Wash provides the same thing
services in classic wash but the different services of arshel carwash is it adds the
service of interior armor all in which means it cleans the interior of a vehicle.
Compared to Patricia’s wash, it also provides service that is the same of classic wash,
yet the new service that the arshel have appended is the engine wash.

We have this so-called VIP Wash. This type of service offer will surely satisfy each
customer in a low price. This is the combination of Arshel Wash and Patricia Wash in
an all package setting. As you have seen, it offers engine wash, armor all, body wash,
vacuum, and tire black. Conversely, Alfer buff wash is of our type of service that

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provides engine wash, armor all, body wash, vacuum, tire black, and buff wax. This
buff was will improve the vehicles look and prolong the life span of its paint. We have
also this Stepf Wash that offers the combination promo of VIP wash and Alfer buff
wax.

Head light is the most important in the car parts which will serve as a guide
specially at night. The headlight detailing is a service where it will offer you a headlight
detail and classic wash. If you notice that your light seems dimmer then it’s time for

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you to do the headlight detail and the classic wash which will be done by cleaning it
through that would make your headlight shine.
A clean glass helps you to drive better. The glass detail will offer you a service of
complete glass detail and classic wash. With the help of the glass detailing and classic
wash, it improves your visibility while you were driving which secure your safety.
The mini detail, we will be serving you interior cleaning, shampoo of carpet, seats,
floormats, door side panel, celling and Arshel wash. With this detail, your vehicle will
be beautiful inside and out, clean mats, carpet seats, door side panel, and celling plus
in which improves the appearance and paint of your vehicle.

The buff & wax offer extender polish, clay bar & shine finish, premium wax and
arshel wash. This service will improve your vehicles appearance, longer paint and
extended polish that would make your car looks something new by burnishing them.

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 We all know that the engine is the most important part of your car because after
all its the main reason why we bought the car. A good engine means a good quality
of car. A lot of car owners are afraid of engine detailing because they think that it might
damage their car. So, the Arshel car wash ensure every possible customer that they
would never regret detailing each engine because Arshel offer the customer a
complete engine detailing.

The exterior part of the car is one of the most important part for the drivers because
we all know that we like our car to look sparkling that would attract a lot of people
attentions. Arshel carwash would offer you a service which is called exterior detail.

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Part of service of the exterior detail is the exterior 3 steps detailing, premium hand
wash shield and arshel wash.
Complete Detail has an interior detail more than simply washing the exterior of
your car with soapy water and a rag, or swiping. The interior focusing on and cleaning
the tiny details of your car to take it from clean like new. Exterior buff is to rub a surface
with a soft material to make it shine, engine detail is the compartment of a vehicle
containing the engine and other mechanical components such as the alternator, air
cleaner, battery.

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 A lot of vehicles owners are proud to have a sparkling clean car for everyone to
see but it is also important that we make sure that what inside the car is also clean.
Interior cleaning is one of the most difficult task for the drivers to maintain so as the
ashel carwash offers you a complete interior detailing where we are going to clean all
the dirt’s inside your car by wiping your car seats, using vacuums to suck the dust and
dirt in your car mats that would make your interior looks great. We are just going to
detail your interior but we are going also to wash it as the part of the service which is
the arshel wash.

3. Place

The Arshel Carwash will open within downtowns premises near at Burger King,
Bajada where it can primarily target and attracts costumers. Aside from that, the location
that the company choose will make the business convenient and that the service that we
will going to render is assured to be noticed since it is near at downtowns.

4. Promotion

Arshel company support systems include, advertising, promotion and customer

service. Advertising in the sense that flyers will be distributed to the target market.
Promotion of service will be manifested through raffles, survey forms, and feedbacks from
the customers. Hence, the most successful way of advertising is giving flyers and promos
to customers with a fun service. In connection with this, the business will also provide a
card that serves as their account in gaining points in which every costumer can earn and
redeem points and avail of discount or free privileges to each one of the possible
customers. Also, we have this mini snack bar that the company will provide to each
costumer depending on service they will choose. It is only a free biscuit and a water. The
business ensures that this carwash service will be a high quality and has its unique offers
which is the different presentation of the Arshel’s service. The company will do whatever
it takes to amuse customer with the service that the company serves.

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 OPERATIONAL PLAN

Business Floor Plan

The illustration you see above shows the floor plan of our business. As you
noticed, we decided to have five areas which will function simultaneously in cleaning
your vehicles. The main entrance which is located on the left wing of the diagram
functions as the passage of your vehicles towards the designated areas. We also put a
drainage for the waters to avoid inconvenience to the customers. A room for our
customer is located at the lower right portion of this figure and functions as the waiting
area of our valued customers. In addition, we provide a television and WIFI to entertain
our customers while waiting for their vehicle. You can see in this floor plan a mini snack
bar or employees lounge for our workers. Thus, this serves as workers area. Lastly, the
cashier area which you can found at the right side of the illustration.

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 Production Process and Scheduling

a. Product/Service process

Equipments:

 Car washing soap

 Large non-abrasive sponge
 2 buckets
 Chamois leather or microfiber drying towel

Steps In cleaning the car exterior

1. First prepare the car. Fully close the windows and doors to avoid the
water in getting in the interior, then rinse off the dust or clumps of dirt, Lift
up the wipers to clean underneath it.

2. Fill one of the bucket with warm water and add car washing soap
depending in the instructions, avoid using washing up liquids for it can dry
out rubber car fittings and cut through wax polish.

3. Fill the second bucket with warm water. Thoroughly soak the sponge in
the soapy bucket and start applying the solution to the car. In wiping the
car use large circular motion and avoid scrubbing the vehicle, Start at the
top of the vehicle up to the bottom save the wheels until last for it is the
most dirtiest part of the vehicle Use the bucket of plain water to rinse dirt
off your sponge between applications.

4. Use a hose or a fresh bucket of clean water to rinse off any bubbles and
soap residue. Do not allow the soap to be dry, otherwise you’ll get streaks

5. Starting from the roof down, use the chamois leather to buff the car dry.
Again, use a circular movement to prevent streaks and develop a high
shine.

6. When the car is already clean and dry apply wax or specialized polish for
extra shine and protection. For best results, always follow the product
instructions.

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Equipments:

 Vacuum cleaner (with hose attachments)

 Lint-free cloths or paper towels
 Car cleaning spray or wipes
 Glass cleaner or solution of 1-part white vinegar, 2 parts waters in a spray
bottle

Steps in cleaning the car interior

1. In cleaning the car interior first, you need to empty out rubbish. Then
take out any floor mats for separate vacuuming.

2. Vacuum the interior with appropriate attachments specially the seat

crevices, carpeted areas and door pockets.

3. Using the car cleaning wipes or spray, wipe down the dashboard, console,
steering wheel and gear stick, buffing slightly so that you don’t get any
streaks.

4. Next, clean the windows by spraying lightly with glass cleaner or vinegar
solution. Always read the instructions before use, and if windows are
tinted, check to see if the product is suitable. After spraying, use the lint-
free cloth or paper towels to buff the glass clean and dry.

5. Lastly replaced the vacuum mats.

Equipments:

 Car washing soap (non-wax or polymer).

 Microfiber clothes.
 Degreaser.
 A hose and sprayer with a low-pressure setting.
 Rubber or vinyl protectant for cars
 Plastic bag/ plastic tape

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Steps in washing the Engine

1. Ensure that the engine is cold. Wait for a substantial time after running the
engine and washing under the hood. If you wash the engine while it is hot,
you can damage the engine as cold water may cause damage to hot or
warm parts.
2. Cover and protect the vulnerable parts with plastic bags and plastic tapes
to protect from water.
3. Take off the filters that can be damaged specially the engine air intake
filter. Make sure to cover any filter intakes with plastic, just as you did with
sensitive electronics and other areas then store the filters in a dry and
clean space.
4. Remove the car battery, find an appropriate sized socket to loosen the
nuts that fasten the cables to the battery then take off the negative cable
and disconnect the positive cable, do not let the positive cable to touch
any metal part of your car for it causes short in your vehicle, then place
the cable in an area where it would not be wet.
5. Prepare the equipment’s for cleaning. Spray the unsensitive areas with
degreaser, avoid sensitive areas and electronic connections. Do not spray
the degreaser on areas where it might leak or drain into the engine itself,
let the degreaser stay for a couple of minutes
6. After letting the degreaser stay for a couple of minutes rinse it with spray
to avoid flooding the engine compartment with water and make sure that
the degreaser had been rinse off
7. Wipe down the engine compartment with a soap and water mixture using
micro fiber cloth. Wiping down the engine compartment with soap and
water will help remove remnant degreaser as well as dirt and grime.
8. Spray again the engine compartment, after wiping down the engine
compartment with soap and water you need to you’ll need to rinse it
again. As with the previous rinsing, make sure to go slow and use low
pressure. The goal is to remove soap and grime while making sure that
water does not enter any sensitive areas.
9. Then wipe it again with microfiber towel making it dry.

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 10. After drying off the engine wipe the plastic bang then remove the plastic
bag and plastic tape. Ensure that you removed anything for it can cause
damage.
11. Apply protectants to vinyl and rubber surfaces in the engine. This way,
your engine will not only look clean, but will have a new appearance and
will be protected.
12. Lastly reattach the battery cables and reinsert the filters.

Equipment
 Tire Cleaner Spray
 Sponge
 Hose
 Cloth
 Tire Black

Steps in washing the service of Tire Black

1.) Spray the wheel with tire cleaner spray then let it soak for 15 sec.
2.) After spraying it rub it with using the rough part of the sponge to agitate it. If it turns
brown, it means you're doing great getting of the dirt
3.) Spray it using your hose then let it dry
4.) After letting it dry apply the the liquid for tire blacking or endurish shine then let it
dry for 10 mins.

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b. Scheduling

Time Tuesday Wednesday Thursday Friday Saturday Sunday

Openers- 7:30-8:00 7:30-8:00 am 7:30-8:00 7:30-8:00 7:30-8:00 7:30-8:00
Preparation am am am am am
Opening 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am 8:00 am
Business 8:01 am - 8:01 am - 8:01 am - 8:01 am - 8:01am- 8:01am-
Operation 8:00 pm 8:00 pm 8:30 pm 8:30 pm 8:30 pm 8:30 pm
Lunch Break 11:30am- 11:30am- 11:30am- 11:30am- 11:30am- 11:30am-
12:30 pm 12:30 pm 12:30 pm 12:30 pm 12:30 pm 12:30 pm
Closing 7:00 pm 7:00 pm 7:00 pm 7:00 pm 7:00 pm 7:00 pm
Closers- 8:00-8:30 8:00-8:30 pm 8:00-8:30 8:00-8:30 8:00- 8:00-
clean-up pm pm pm 8:30pm 8:30pm
restoration

This is the schedule of the availability of the Arshel Carwash. It is shown here the
detailed time of the business. Starting from the preparation time to our closing time from
Tuesdays to Fridays. As you have noticed, we exclude Monday in our operating schedule
to give way for our beloved employees or for them to have rest day. This schedule serves
as the guide of the customers about when they will be going to visit for the cleaning. This
is also useful for our customers to know the schedule to avoid the conflict to their
schedules

c. Position Work Schedule

The colored cells will serve as their working schedule:

Time Manager Cleaning General

Supervisors Assistant
Openers-Preparation

Opening
Business
Operation
Lunch Break
Closing
Closers-clean-up restoration

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 To make our business more organized, the chart shown above is the schedule of
our managing members. This helps our valued customers determine the schedule of the
individual workers of the business. The customers will know who are they going to
approach when there is a conflict. These only suites for the head of each department.

d. Location

The map which you see above is your guide in locating our shop. It is shown here
the nearby establishments for you to determine us easily. As you observe, Our
establishment will be built in downtown premises specifically in a highway area,
therefore we are easy to locate with. These nearby establishments have a big help in
our business because there is a possibility that we can also attract their customers and
be our clients also. We can be found Poblacion District beside the Burger King, Bajada.

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Birds Eye View

This is the birds eye view of our shop. In this view we can see that there is a
famous mall, restaurant, establishments and even institutions that surrounds in our shop.

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Organizational Structure

Human Resource Plan

Arshel will look for a skilled, competent and experienced employee to help them
manage the business. This will supply to the efficient and effective running of the car
wash business. Owners are highly experienced and goal-oriented. The owners will
manage the existent and make sure that set targets aimed at improving the
performance and financial standing of the business. More importantly, the owner will
secure the liabilities time to avoid further interest charges.

1.) General Manager

The General Manager for Arshel Carwash will be knowledgeable for giving
direction and guidance to the overall performance of the business. The General
Manager will be accountable for general management functions including planning
the activities in the business, organizing resources and delegating tasks and
responsibilities, motivating and providing leadership and guidance to employees as
well as controlling the activities in the business.

Qualifications:
 Creative

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  Responsible
 Risk-taker
 Goal-oriented
 Discipline/Focus.
DUTIES:
 Tuesday to Sunday
 Shifting: 6:00am to 2:00pm
2:00pm to 10pm
4.) Cleaning Supervisor (Exterior Cleaning)
The cleaning supervisors will be the one who is obligated to guide the cleaning team.
As a supervisor, they are the chosen one to represent all the employee as a
representative of the cleaning team. They were obligated to upraise all the challenges
and constraints that the cleaning team would be experiencing during their designated
task.

Qualifications:
 Innovative
 Responsible
 Trustworthy in Supervising the cleanliness
DUTIES:
 Tuesday to Sunday
 Shifting: 6:00am to 2:00pm
2:00pm to 10pm

5.) Cleaning Supervisor (Interior Cleaning)

The Cleaning Supervisor is obligated to overlook the general assistants to work
with all of the interior cleaning. Interior carwash will be responsible for supervising the
general assistants with all interior cleaning work.

Qualifications:
 Innovative

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  Responsible
 Trustworthy in Supervising the cleanliness
DUTIES:
 Tuesday to Sunday
 Shifting: 6:00am to 2:00pm
2:00pm to 10pm

Salaries

Position Rate per day Week Month

2 General Manager ₱ 600.00 ₱ 4,200.00 ₱ 16,800.00
6 Cleaning Supervisors ₱ 960.00 ₱ 6,720.00 ₱ 26,880.00
10 General Cleaning Assistants ₱ 1,500.00 ₱ 10,500.00 ₱ 42,000.00
Total ₱ 3,060.00 ₱ 21,420.00 ₱ 85,680.00
Total (One Year) ₱ 1,028,160.00
Total (2 Years) ₱ 2,056,320.00

In the char above, it is the possible salary of our co-workers. We based our
salary in the average salary of each worker in the Philippines. As we choose the best
one, we will be going to provide an exact amount of their salaries.

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 FINANCIAL ASSUMPTIONS

Expounder assumed that each partner gave Php218,745.89 as a contribution in

the said business and gathered Php1,531,221.23 in total. The anticipated sales of the
said business will increase in the second year of our business because it accommodates
at least 23 cars per day in 2020 compared on what we have in 2019 which
accommodates 20 cars. On the other hand, the net income will have at least
Php249,160.13 increase of the sales value between 2019 and 2020

The business is assumed that there will be no changes when in terms of rent
expense and salaries expense. 2% increase in electricity bill every year because of the
high demand of electricity in the business and in our country. The business’ water bill will
also increase 2% every year because of the population growth of our customers.

When it comes to our sales, we assume that we can cater 19 cars per day which
will be possibly done within eight hours in our first year of business. However, in our
second year, we presume that we will get Php2,164,794.40 with the help of our customers
will increase because of the recommendation of some of our customers first year Arshel
carwash contains five areas that will function simultaneously that is why we can be able
to accommodate our fifteen customers per day.

Materials and Equipment

Carwash tools
1. Glass Cleaning wiper

Brand : Grandmerlen
Price: Php 379.00
Measurements: H – 62 cm
W – 25 cm

.
g
l
a 26
s
s
c
2. Dash duster

Brand : Blade
Price : Php 742.5
Size: 34 X 19cm

3. Absorber Drying Towel

Brand : Generic
Price : Php 139. 78
Size: 43cm x 32cmx0.2cm

4. Microfiber towel
Brand : Homemaid
Price : Php 322.00
Measurements: 16 x 16 inches
Pieces : 6 pcs

5. Waxer or Polisher
Brand : J.C Kawasaki
Price : Php 1599.00
Power Input : 1200 Watts
No load Speed : 600-3,000 rpm
Weight : 3 kg

27
 6. Pressure Washer
Brand : Kawasaki
Price: Php 1,894.00
Voltage: 220-240 V
Frequency: 50/60 Hz
Rated Power: 1,200 W
Rated Pressure: 70 bar
Maximum Pressure: 100 bar
Rated Flow: 5.5 L/min
Maximum Pressure Water
Supply: 1.2 MPa
Maximum Water Temperature: 50
7. Vacuum C

Brand : Shop – Vac

Price : 2,999
Size:11.25x9x15.50 inches
Tank Size: 4L
Air Faclow: 2.6
Max. Watts: 1100

8. Power Sprayer

Brand:
Price : Php 3,147.00
Measurements:
- 1.5 HP Electric Motor
- 10-meter Discharge
Pressurized Hose

28
 9. Stainless Organizer Rack

Brand: Seville Classics

Price: Php 1,599.00
Measurements:
- 36 x 14 x 54 inches
(LxWxH)

10. Detailing Cart

Brand: WEN
Price: 475. 00
Measurements: Two 30-inch by
16-inch by 3-inch shelves provide
a 500-pound total weight capacity

11. Pressure Tank

Brand : Water Worker

Price : Php 4,713.00
Measurements : 16 x 16 x 46. 8
inches (LxWxH)

.
12. Bucket

Brand: OEM
Price: Php 385.00
Measurements:
- 11.9" diameter x 13.38"
height
- 5 gallon

29
 13. Hoses

Brand: Do It
Price: Php 439.19
Measurements: 150 ft

14. Detailing brush

Brand: OEM
Price: Php 447.00

15. Sponges

Brand: Blade
Price : 90
Size : 8' x 4.3' x 0.31' (L*W*H)
Net Weight : 32g

16. Foam Canon

Brand: Dusichin
Price: Php 879.00
Measurements:
 3000 PSI high pressure water gun
body
 1/4" outlet quick disconect fitting,
140 degree F Maximum
 M22 Metric Male thread fitting,
14mm diameter inside the thread
fitting

30
17. Detailing Blower

Brand : Lotus
Price: Php 9,950.00
Size: 23 x 21 x 19
600W Powerful Motor
Powerful motor with High Volume
of 3500I/MIN

18. Wheel and Tire cleaner

Brand: Meguiar's
 Price : Php 724. 00
 Measurements: 709ml

19. Tire Shine Spray

Brand : Spray n’ Go
Price: Php 449. 00
Measurements: 500ml

31
20. Glass and Interior Cleaner Spray

Brand : Al’s
Price: Php 223.00
Measurements: 500 ml

21. Wax

Brand: Turtle Wax

Price: Php 470.00
Measurements: 14 oz

22. Car Wash Shampoo

Brand: Auto – Gard

Price: Php 299.00
Measurements: 1 liter

32
23. Cashier Counter

Brand: Mandaue foam

Price: Php 14,099.00
Measurements: 600 mm depth
1600mm, 600mm, 750 mm

24. Card Swiper

Brand: Yosoo
Price: Php 5,285.00

25. Office Table

Brand: Mandaue Foam

Price: 4,195.00
Mesurements: 800mm depth
1200mm x 800mm x 750 mm

33
26. Office Chair

Brand: Mandaue Foam

Price: Php 3749.00
Measurements: w62 x d60 x h196-116cm

27. Flat Screen Tv

Brand: Samsung
Price: Php 6,599.00
Measurements: 24 inches

28. Cable Box

Brand: Cignal
Price: Php 2,500.00

29. Coffee Table

Brand: Mandaue Foam
Price: Php 5,899.00
Measurements: 122 x 58 x 42 (L x Wx H)

34
30. Newspaper and Magazine Rack
Brand: Safco
Price: Php 1,462.00
Measurement: 12 1/4"W x 2 1/4"D x
8 1/2"H

31. Wifi
Brand : Pldt
Price: Php 5,500.00

32. Water Dispencer

Brand:Hanabishi
Price: Php 1,858.00

33. Desktop, Mouse and Keyboard

Brand: Dell
Price: Php 17, 160

35
34. Couch
Brand: Mandaue Foam
Price : Php 5,399.00
Measurements: 1810mm width x
1000mm depth x 730mm height
Weight: 200kg

35. Electric Receipt Machine

Product: OEM
Price: Php 1,738.00

36. Bar stool

Product:Mandaue Foam
Price: Php 1,941.19
Measurements: 43 x 43 x 76 cm
(WDH)

37. Refrigerator

36
 Brand: Hanabishi
Price: Php 13,799.00
Measurements: 154 W
60Hz

38. Aircon

Brand: Matrix
Price: Php 13,799.00
Watts : 735
Cooling capacity: 9,002/kj/h

Project Cost (Supplies):

37
Office Supplies
The table shows the office supplies expense that helps the mini transaction and
records of the company.

Items Price Unit Total

Ballpen ₱ 7.00 20 ₱ 140.00
Blue Valiant Record Book ₱ 123.33 10 ₱ 1,233.30
PAPER ONE long bond paper 70 Gms Sub 20 ₱ 300.00 1 ₱ 300.00
PAPER ONE short bond papers Subtance 24 80gsm Size Short ₱ 385.00 1 ₱ 385.00
Staplers ₱ 169.00 2 ₱ 338.00
Stapler Bullets ₱ 72.00 7 ₱ 504.00
Magazine ₱ 200.00 10 ₱ 2,000.00
Arshel seal stamps ₱ 500.00 2 ₱ 1,000.00
Receipt Paper ₱ 109.75 4 ₱ 439.00
Stamps Pad ₱ 266.00 4 ₱ 1,064.00
News Papers ₱ 10.00 50 ₱ 500.00
Total ₱ 2,142.08 111 ₱ 7,903.30

Furniture and Fixture

The table shows the furniture and fixture expense for the company.

Items Price Unit Total

Cash Counter table ₱ 14,099.00 1 ₱ 14,099.00
Office Table ₱ 2,899.00 1 ₱ 2,899.00
Office Chair ₱ 1,550.00 3 ₱ 4,650.00
Television ₱ 6,599.75 1 ₱ 6,599.75
Television Cable ₱ 2,500.00 1 ₱ 2,500.00
Coffee Table ₱ 5,899.00 1 ₱ 5,899.00
News Paper and Magazine Rack ₱ 1,462.00 1 ₱ 1,462.00
Wifi Cable ₱ 5,500.00 1 ₱ 5,500.00
Water Dispenser ₱ 1,858.00 1 ₱ 1,858.00
Couch ₱ 5,399.00 1 ₱ 5,399.00
Stainless Organizer Rack ₱ 549.00 4 ₱ 2,196.00
Bar Stool ₱ 2,941.00 1 ₱ 2,941.00
Total ₱ 51,255.75 17 ₱ 56,002.75

Utilities

38
 The following utilities that we have for a year 2019 is amounting to 283,200.00.
Water bill is one of the most important asset for the company which is amounting to
Php15,000. Following of the electricity bill that amounts 7,000 for the business to
render. We also have this internet bills that could help each customer to feel at ease
while waiting for their cars to finished. in line with this, there will be an increase of 2% in
the utility bill every year.

Utilities
Items Price
Water Bills ₱ 15,000.00
Electricity Bill ₱ 7,000.00
Internet Connection Bills ₱ 1,600.00
Total ₱ 23,600.00
₱ 283,200.00

Machinery and Equipment

This table shows the Machinery and Equipment for the company.

Items Price Unit Total

Dash Duster ₱ 742.50 5 ₱ 3,712.50
Waxer or Poliser ₱ 1,599.00 5 ₱ 7,995.00
Pressure Washer ₱ 1,894.00 5 ₱ 9,470.00
Vacuum ₱ 2,999.00 5 ₱ 14,995.00
Power Sprayer ₱ 3,147.00 5 ₱ 15,735.00
Detailing Cart ₱ 475.00 5 ₱ 2,375.00
Pressure Tank ₱ 4,713.00 5 ₱ 23,565.00
Detailing Brush ₱ 447.00 8 ₱ 3,576.00
Sponge ₱ 90.00 50 ₱ 4,500.00
Foam Canon ₱ 879.00 5 ₱ 4,395.00
Detailing Blower ₱ 9,950.00 8 ₱ 79,600.00
Wheel and Tire cleaner ₱ 724.00 60 ₱ 43,440.00
Tire Shine Spray ₱ 449.00 60 ₱ 26,940.00
Glass and Interior Cleaner
Spray ₱ 223.00 60 ₱ 13,380.00
Wax ₱ 499.00 60 ₱ 29,940.00
Car Wash Shampoo ₱ 299.00 60 ₱ 17,940.00
Headlight Restorer ₱ 399.00 2 ₱ 798.00
Card Swiper ₱ 5,285.00 1 ₱ 5,285.00
Bucket ₱ 385.00 10 ₱ 3,850.00
Electronic Receipt Machine ₱ 1,738.00 1 ₱ 1,738.00

39
 Desktop, mouse, and
Keyboard ₱ 17,160.00 2 ₱ 34,320.00
Refrigerator ₱ 5,579.00 1 ₱ 5,579.00
Aircon ₱ 13,799.00 1 ₱ 13,799.00
Hose ₱ 439.19 5 ₱ 2,195.95
Glass Cleaner Wiper ₱ 379.00 5 1895
Total ₱ 74,292.69 434 ₱ 371,018.45

Depreciation Cost

The table below shows the Depreciation Schedule of the machineries and
equipment purchased by the company on the first year and Second year of operations.

Depreciation 2019 / 2020

Depreciation Value
Cost 2019 2020 per year
Cash Counter table ₱ 14,099.00 8 7 ₱ 1,762.38
Office Table ₱ 4,195.00 8 7 ₱ 524.38
Office Chair ₱ 3,749.00 7 6 ₱ 535.57
Television ₱ 6,599.75 9 8 ₱ 733.31
Television Cable ₱ 2,500.00 9 8 ₱ 277.78
Coffee Table ₱ 5,899.00 10 9 ₱ 589.90
News Paper and Magazine
Rack ₱ 1,462.00 7 6 ₱ 208.86
Wifi Cable ₱ 5,500.00 8 7 ₱ 687.50
Water Dispenser ₱ 1,858.00 8 7 ₱ 232.25
Couch ₱ 5,399.00 10 9 ₱ 539.90
Stainless Organizer Rack ₱ 1,599.00 4 3 ₱ 399.75
Waxer or Poliser ₱ 1,599.00 5 4 ₱ 319.80
Pressure Washer ₱ 7,600.00 5 4 ₱ 1,520.00
Vacuum ₱ 2,999.00 6 5 ₱ 499.83
Power Sprayer ₱ 3,147.00 7 6 ₱ 449.57
Detailing Cart ₱ 3,599.00 7 6 ₱ 514.14
Pressure Tank ₱ 4,713.00 10 9 ₱ 471.30
Detailing Blower ₱ 9,950.00 8 7 ₱ 1,243.75
Card Swiper ₱ 5,285.00 4 3 ₱ 1,321.25
Electronic Receipt Machine ₱ 4,461.00 8 7 ₱ 557.63
Desktop, mouse, and
Keyboard ₱ 17,160.00 8 7 ₱ 2,145.00
Refrigerator ₱ 13,799.00 10 9 ₱ 1,379.90
Bar Stool ₱ 1,941.19 5 4 ₱ 388.24
Aircon ₱ 13,799.00 10 9 ₱ 1,379.90
Total ₱ 142,911.94 181 157 ₱ 18,681.87

Summary of Project Cost

40
` The rental of the company is Php35,000 per month which is amounts to
Php420,000 annually. The machinery and equipment amount Php371,081.45.
Meanwhile, the furniture and fixtures amount to 56, 002.75, office supplies for at least
Php7903.3, and Pre-operating costs in which include permits and licenses, registration
of the business, and flyers will do that amounts Php10,000. The total capital costs
Php2,166,284.50

Capital Investment

Expense Total Per Year

Rent ₱ 420,000.00

Salaries ₱ 1,028,160.00

Utilities ₱ 283,200.00

Machinery & Equipment ₱ 371,018.45

Furniture & Fixtures ₱ 56,002.75

Office Supplies ₱ 7,903.30

Start-up Inventory ₱ -

pre-operating cost ₱ 10,000.00

TOTAL ₱ 2,166,284.50

Estimated Sales

41
 The table below shows the estimated sales for the two-year financial projection.

ESTIMATED SALES
2020
Estimated: 18 Cars
Per Day Small Medium Large
Classic Wash ₱ 500.00 ₱ 360.00 ₱ 450.00
VIP Wash ₱ 480.00 ₱ 600.00 ₱ 720.00
Steph Wash ₱ 800.00 ₱ 900.00 ₱ 500.00
Total ₱ 1,780.00 ₱ 1,860.00 ₱ 1,670.00
over all total ₱ 5,310.00 year ₱ 1,938,150.00
Estimated: 23 Cars OVER ALL ₱ 2,231,746.80
ESTIMATED SALES
2019
Estimated: 20 Cars
Per Day Small Medium Large
Classic Wash ₱ 400.00 ₱ 480.00 ₱ 300.00
VIP Wash ₱ 480.00 ₱ 300.00 ₱ 360.00
Steph Wash ₱ 800.00 ₱ 900.00 ₱ 500.00
Total ₱ 1,680.00 ₱ 1,680.00 ₱ 1,160.00
over all total ₱ 4,520.00 year ₱ 1,649,800.00
Estimated: 19 Cars Over all ₱ 1,943,396.80
Per year
Arshel wash ₱ 2,000.00 ₱ 2,880.00 ₱ 2,100.00
Patricia wash ₱ 600.00 ₱ 960.00 ₱ 600.00
Alfer Buff Wax ₱ 2,400.00 ₱ 1,750.00 ₱ 2,800.00
Headlight Detailing ₱ 5,000.00 ₱ 5,000.00 ₱ 5,000.00
classic detail ₱ 5,600.00 ₱ 8,400.00 ₱ 7,000.00
Mini Detail ₱ 7,500.00 ₱ 7,500.00 ₱ 7,500.00
Buff &Wax ₱ 7,500.00 ₱ 10,000.00 ₱ 7,500.00
classic detail ₱ 9,600.00 ₱ 12,800.00 ₱ 6,400.00
Interior Detailing ₱ 8,000.00 ₱ 12,000.00 ₱ 16,000.00
Exterior Detailing ₱ 4,000.00 ₱ 8,000.00 ₱ 12,000.00
Complete Detailing ₱ 24,000.00 ₱ 36,000.00 ₱ 24,000.00
Motor ₱ 600.00
Motor Cycle ₱ 1,200.00
Striff - off glass tint ₱ 750.00
Remove install sest cover ₱ 2,000.00
Rubbing by Panel ₱ 2,400.00
Truck Wash (classic wash) ₱ 7,500.00
Under Chassis Wash ₱ 1,000.00
Total Per year ₱ 91,650.00 ₱ 105,290.00 ₱ 90,900.00
TOTAL: YEAR ₱ 287,840.00 ₱ 293,596.80
Consumed Time of the Best-selling Service of Arshel

42
 The table below shows the assumed and base on interviewed time consumed for
some of the offered services of a carwash business.

Time consumed small medium large

classic wash 30 mins 45mins 1 hour

vip wash 45 mins 55 mins 1 hour and 5 mins

steph wash 55 mins 1 hour and 5 mins 1 hour and 20 mins

43
 Financial Projection

A. Income Statement
The table below shows the Income statement wherein it reveals the flow of the
sales of the business. It let the owner shows how much net income they have earn
every year.

ARSHEL COMPANY
STATEMENT OF COMPREHENSIVE INCOME
AS OF YEAR 2018 AND 2019
2020
2019 (Increases 2%)
Sales ₱ 1,943,396.80 ₱ 2,231,746.80
Sales Discount -₱ 46,193.70 -₱ 66,952.40
Net Sales ₱1,897,203.10 ₱ 2,164,794.40
Cost of Revenue
Beginning Inventory ₱- ₱ 6,355.50
Net Cost of Purchases ₱100,000.00 ₱ 100,000.00
Purchases: ₱48,759.00 ₱ 51,734.18
Purchase ₱
Discount ₱ - -
Net Purchase ₱ 48,759.00 ₱ 51,734.18
Freight In ₱ 51,759.00 ₱ 3,000.00 -₱ ,940.00 ₱48,794.18
Cost of Revenue Available for Sale ₱ 151,759.00 ₱ 148,794.18
Ending Inventory -₱ 6,355.50 ₱ 6,228.39
Cost of Revenue ₱ 145,403.50 ₱ 155,022.57
Gross Profit ₱1,751,799.60 ₱2,009,771.83

ARSHEL COMPANY
STATEMENT OF COMPREHENSIVE INCOME
AS OF YEAR 2018 AND 2019
2019 2020 (Increases 2%)
NET SALES ₱ 1,897,203.10 ₱ 2,164,794.40
Cost of Revenue -₱ 145,403.50 -₱ 155,022.57
Gross Profit ₱ 1,751,799.60 ₱ 2,009,771.83
General & Administration Expenses
Salaries of Admin Personnel -₱ 201,600.00 -₱ 201,600.00
Miscellaneous Expense ₱ - ₱ -
Service Expense
Salaries of Cleaning Personnel -₱ 826,560.00 -₱ 826,560.00
Rent Expense -₱ 420,000.00 -₱ 420,000.00
Depreciation Expense -₱ 18,681.87 -₱ 21,829.97
Utilities Expense -₱ 283,200.00 -₱ 288,864.00
Net Income ₱ 1,757.73 ₱ 250,917.86

44
B. Cash Flow
This table shows the cash flow of the company wherein we can identify how
much money will come out and come in.

ARSHEL COMPANY
STATEMENT OF CASHFLOW
AS OF YEAR 2018 AND 2019
Cash flows from Operating Activities 2019 2020
Receipts from Customers ₱ 1,897,203.10 ₱ 2,164,794.40
Payments to Suppliers and Employees ₱ 1,739,263.30 ₱ 1,745,085.37
Net Cash generated by Operating Activities ₱ 157,939.80 ₱ 419,709.03
Cash flows from Investing Activities
Property and Equipment -₱ 371,018.45 ₱ -
Furniture aand Fixtures -₱ 56,002.75
Net Cash generated by Investing Activities -₱ 427,021.20 ₱ -
Cash flows from Financing Activities
Long term loan from a bank ₱ - ₱ -
Additional Investment from owner ₱ 1,400,000.00 ₱ -
Withdrawals by owner ₱ - ₱ -
Net cash generated by Financing Activities ₱ 1,400,000.00 ₱ -
Net increase in cash and cash equivalents ₱ 1,130,918.60 ₱ 419,709.03
Cash, January 1, 2019 ₱ - ₱ 1,130,918.60
Cash, December 31, 2019 ₱ 1,130,918.60 ₱ 1,550,627.63

45
C. Balance Sheet
The below shows the financial position of the Arshel company in which we input
all of the data that we have calculated and assumed.

ARSHEL COMPANY
STATEMENT OF FINANCIAL POSITION
AS OF YEAR 2018 AND 2019

Assets
Current Assets 2019 2020
Cash ₱ 1,130,918.60 ₱ 1,550,627.63
Accounts Receivable ₱ -
Start Up Inventory ₱ - ₱ 6,355.50
Office Supplies ₱ 7,903.30 ₱ 8,061.37
Total of Current Asset ₱ 1,138,821.90 ₱ 1,565,044.50
Noncurrent Assets
Accounts Payable ₱ - ₱ -
Furniture and Fixture ₱ 56,002.75 ₱ -
Property, Plant, and Equipment ₱ 371,018.45 ₱ -
cost ₱ -
Less: Accumulated Depreciation -₱ 18,681.87 -₱ 21,829.97
Total of Noncurrent Asset ₱ 408,339.33 -₱ 21,829.97
TOTAL ASSET ₱ 1,547,161.23 ₱ 1,543,214.53
Liabilities
Current liability
Accounts Payable ₱ - ₱ -
Rent Payable ₱ 420,000.00 ₱ 420,000.00
Utilities Payable ₱ 283,200.00 ₱ 288,864.00
Salaries Payable ₱ 712,740.00 ₱ 712,740.00
Total of Current liabilities ₱ 1,415,940.00 ₱ 1,421,604.00
Noncurrent liabilities
Accounts Payable ₱ - ₱ -
Notes Payable ₱ - ₱ -
Total of noncurrent liabilities ₱ - ₱ -
TOTAL LIABILITIES ₱ 1,415,940.00 ₱ 1,421,604.00
Cantaluna's Contribution ₱ 18,745.89 ₱ 17,372.93
Go's Contribution ₱ 18,745.89 ₱ 17,372.93
Lofranco's Contribution ₱ 18,745.89 ₱ 17,372.93
Macasinag's Contribution ₱ 18,745.89 ₱ 17,372.93
Matela's Contribution ₱ 18,745.89 ₱ 17,372.93
Puente's Contribution ₱ 18,745.89 ₱ 17,372.93
Rabadon's Contribution ₱ 18,745.89 ₱ 17,372.93
Total Partners Equity ₱ 131,221.23 ₱ 121,610.53
Owners Equity ₱ 131,221.23 ₱ 121,610.53
TOTAL LIABILITIES AND OWNERS EQUITY ₱ 1,547,161.23 ₱ 1,543,214.53

46
D. Vertical and Horizontal

ARSHEL COMPANY
STATEMENT OF FINANCIAL POSITION
AS OF YEAR 2018 AND 2019
Assets VERTICAL HORIZONTAL
Current Assets 2019 2020 Peso Percent
Cash 73.10% 100.48% ₱ 419,709.03 37%
Accounts Receivable 0.00% ₱ - 0.00%
Start Up Inventory 0.00% 41.18% ₱ - 0.00%
Office Supplies 0.51% 52.24% ₱ 158.07 2.00%
Total of Current Asset 73.61% 101.41% ₱ 419,867.10 37%
Noncurrent Assets
Accounts Payable 0.00% 0.00% ₱ -
Furniture and Fixture 3.62% 0.00% -₱ 56,002.75 0.00%
Property, Plant, and Equipment 23.98% 0.00% -₱ 371,018.45 0.00%
cost 0.00% 0.00% ₱ - 0.00%
Less: Accumulated Depreciation -1.21% -1.41% -₱ 3,148.10 16.85%
Total of Noncurrent Asset 26.39% -1.41% -₱ 430,169.30 -105.35%
TOTAL ASSET 100.00% 100.00% -₱ 3,946.70 0%
Liabilities
Current liability
Accounts Payable 0.00% 0.00% ₱ - 0.00%
Rent Payable 29.66% 29.54% ₱ - 0.00%
Utilities Payable 20.00% 20.32% ₱ 5,664.00 2.00%
Salaries Payable 50.34% 50.14% ₱ - 0%
Total of Current liabilities 100.00% 100.00% ₱ 566,400.00 0.40%
Noncurrent liabilities
Accounts Payable 0.00% 0.00% ₱ - 0
Arshel Owners, Capital 0.00% 0.00% ₱ - 0%
Total of noncurrent liabilities 0.00% 0.00% ₱ - 0
TOTAL LIABILITIES 100.00% 100.00% ₱ 572,064.00 0%
Cantaluna's Contribution 14.29% 1.13% -₱ 1,372.96 -7.32%
Go's Contribution 14.29% 1.13% -₱ 1,372.96 -7.32%
Lofranco's Contribution 14.29% 1.13% -₱ 21,847.02 -7.32%
Macasinag's Contribution 14.29% 1.13% -₱ 21,847.02 -7.32%
Matela's Contribution 14.29% 1.13% -₱ 21,847.02 -7.32%
Puente's Contribution 14.29% 1.13% -₱ 21,847.02 -7.32%
Rabadon's Contribution 14.29% 1.13% -₱ 21,847.02 -7.32%
Total Partners Equity 8.48% 7.88% -₱ 9,610.70 -7.32%
Owners Equity 8.48% 7.88% -₱ 9,610.70 -7.32%
TOTAL LIABILITIES AND OWNERS
EQUITY 100.00% 100.00% -₱ 3,946.70 0%

47
 VERTICAL HORIZONTAL
2019 2020 Percent Peso
NET SALES 14.10% ₱ 267,591.30
Cost of Good
Solds -7.66% -7.16% 6.62% -₱ 9,619.07
Gross Profit 92.34% 92.84% 14.73% ₱ 257,972.23
General & Administration Expenses 0.00%
Salaries of Admin Personnel -10.63% -9.31% 0.00% ₱ -
Miscellaneous Expense 0.00% 0.00% ₱ -
Service Expense
Salaries of Cleaning Personnel -43.57% -38.18% 0.00% ₱ -
Rent Expense -22.14% -19.40% 0.00% ₱ -
Depreciation Expense -0.98% -1.01% 16.85% -₱ 3,148.10
Utilities Expense -14.93% -13.34% 2.00% -₱ 5,664.00
Net Income 0.09% 11.59% -4.12% ₱ 249,160.13

E. Ratio Analysis (Current and Quick Ratio)

Current Ratio
2018 2019
0.80 1.10

Quick Ratio
2018 2019
0.80 1.09

48
 Appendix A

Ringer

49
 Appendix B
Flyers

Front:

Back:

50
 Appendix C
Card

Front:

Back:

51
 REFERRENCES

Cunningham, C. (2018, March 14). 5 Secrets to a Successful Car Wash Business.

Retrieved from http://bigsplashcarwash.com/5-secrets-successful-car-wash-business/

T. (n.d.). Topentrepreneur. Retrieved from http://www.topentrepreneur.co.za/Examples

of Business plans/Business plan of a car wash2.html

Software, P. A. (2015). Car Wash Business Plan. Retrieved from

https://www.bplans.com/car_wash_business_plan/market_analysis_summary_fc.php

Hopper, T. (2017, August 21). Why are small business owners so busy? Retrieved from
https://www.middlestone.ltd/blog/why-are-small-business-owners-so-busy

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