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Planning is process that fully opens the door to the idea of pursuing the
Sourcing of Funds
implementers, these will still not assure successful realization of the project if the
company do not have enough initial capital to cover the expenses of the activities
operating period of the business. A period of 1 month will also be allocated for
this activity.
bodies. Two weeks will be allocated to fully comply with all the requirements.
Lease Negotiation
land for the production as well as administrative area of the business. Two weeks
M a n a g e m e n t A s p e c t | 54
will be allocated for the canvassing, as well as negotiating the lease of the
chosen area.
Leasehold Improvement
standards set by the firm as well as to comply with the regulations of the bodies
that govern the organization of the business venture. One month will be allocated
supplies and equipment both for office and production use. As a business that is
still starting, implementers should canvas for these suppliers of the needed
supplies and equipment that is of high quality but at lower prices. Two weeks will
Furnitures and fixtures are movable properties of the firm that do not really
canvas for a supplier of these furnitures& fixtures with good quality but minimal
cost. Canvassing, as well as the acquisition of all needed furnitures will be done
the management with options in buying good quality raw materials but at lower
prices. It will take one week to identify potential suppliers of the raw materials
considered. Applicants should be screened well to hire only the best people fit for
the job. Prior to the full operation of the business, personnel should all be
oriented with pertinent information and processes involving the firm to prevent
mishaps. From the recruitment process to the orientation of the workers, a period
With the list of potential suppliers of the various raw materials needed in
the production, management will choose who among them. Two weeks will be
introduce the venture, as well as the product, to the consumers. Firms usually
adapt different advertising schemes to gain publicity, at the same time, market
the product to the consumers. This activity will be done for three weeks
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Normal Operations
Full operation of the business can now resume upon accomplishing the
Table 14
Gantt chart
MONTHS
1 2 3 4 5
WEEKS
ACTIVITIES 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
General Projected
Planning
Sourcing of Funds
Securing
Licenses and
Permits
Lease Negotiation
Leasehold
Improvement
Canvassing and
Acquiring of
Office equipment,
Kitchen Utensils
and Equipment
Canvassing and
Acquiring of
Furniture and
Fixtures
Canvassing for
Sources of
Materials
Recruitment ,
Hiring and
Orientation of
Workers
Acquisition of
Raw Materials
Promotions and
Sampling
Normal
Operations
M a n a g e m e n t A s p e c t | 57
activities of the firm during operating period. Duties should be fairly separated
operations. Resources should be made available for use for easy access during
organization with this proposed project. With this, at least five incorporators will
be needed and be the one who manages the business. They will share in profits
Organizational Structure
OWNER / MANAGER
Figure 34
Organizational Structure
this, management should set standards that would help in determining the best
person suited for a particular job. Description of the various positions in the entity
is shown below.
Owner
Plans for the budget for every department, Monthly, Quarterly and
yearly
Sales Agent
Takes In-charge on how they can make the company’s product known
in the market
Production Worker
Bookkeeper
Accounts and pays all the bills and accounts payable of the company
Report to the owner the income of the company monthly, quarterly and
yearly
Cashier
Delivery Man
Job Specifications
These are the specific qualities and attributes that an individual must have
in order to qualify for the job. This is done in order to determine whether they are
Production Worker
Can do multi-tasking
Male or Female
Bookkeeper
Accounting or NC II holder
Computer literate
Cashier
Male or female
Sales Agent
Male or female
Interpersonal skills
Delivery Man
Male
Mabolo
Working Schedule
An employee’s work schedule includes the days and times that he/she is
a well-organized manner.
Most employers make work schedules that aim to reduce labor cost and
According the Phil. Labor Laws, the normal working hours of an employee
shall not exceed to eight (8) hours a day. A one (1) hour lunch break is also
intended for them. Table 15 shows the working schedule of the employees.
M a n a g e m e n t A s p e c t | 62
Table 15
Working Schedule
8:00 – 12:00 AM
1:00 – 5:00 PM
8:00 – 12:00 AM
1:00 – 5:00 PM
9:00 – 12:00 AM
1:00 – 6:00 PM
8:00 – 12:00 AM
1:00 – 5:00 PM
9:00 – 12:00 AM
1:00 – 6:00 PM
Recruitment Program
business’ goals. Without them, the business would not operate. With this, it is
crucial to consider a thorough selection of employees that would best suit the job.
M a n a g e m e n t A s p e c t | 63
their job and their organization and one who is not. Having a well-structured
recruitment program helps in matching the right people to the right jobs.
a) Curriculum Vitae;
b) 2x2 photo;
After this, an interview with the owner will follow to attest the authenticity
Compensation Plan
The people behind the operations of the business are important for without
them, the business can’t continue with its normal operation. By way of
compensation, they are provided with salary and wages in return for the work
employees, but also the whole business. The employees are given wages every
Wage rates that will be used are based on the current minimum wage law.
Table 16
Compensation Schedule
Employee Benefits
Employee benefits may be costly, but, for the most of it, it has the ability to
find and keep highly qualified staff. Benefits boost employee loyalty.
Based on the law, thirteenth (13th) month pay means one twelfth (1/12) of
All employees entitled to 13th month pay shall receive this regardless of
by which their wages are paid, provided that they have worked for at least one
The 13th month pay shall be paid not later than December 24 of every
year.
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in the private and public sectors, allowing him to take a leave for seven (7)
working days, with full pay, for the first four (4) deliveries of his legitimate spouse
maternity leave of at least two weeks prior to expected date of delivery and
another four weeks after normal delivery or abortion. That’s a total of six weeks
maternity leave.
the compliance with all the requirements needed and proper verification.
SSS Contribution
provides and administers a pension fund for workers in the private sector that
the members. The current SSS contribution rate is 11% of the monthly salary
credit not exceeding P16,000 and this is being shared by the employer (7.37%)
PhilHealth Contribution
owned and controlled corporation that deals with health care financing. It aims to
M a n a g e m e n t A s p e c t | 66
This program also provides a means for the healthy to pay for the care of
the sick and for those who can afford medical care to subsidize those who
cannot.
PAG-IBIG Membership
employees; uniformed members of the AFP, BFP, BJMP, and PNP; as well as
Management Policies
conduct its services, actions or business. It also enables a company to assist and
make its operations effective and efficient. Policies are important to ensure that
all employees understand what is expected of them and what they can expect
General
1. Be on time.
for five consecutive days is deemed to have abandoned his/her work and
working hours and within the vicinity of the company is strictly prohibited.
2. The owner must not be biased in hiring his/her relatives or friends, but
he/she can hire them if he/she they are qualified for the job.
Office
1. Any fraudulent acts which are prejudicial to the interest of the business are
degree of violation.
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Production Area
2. Eating should be done during break time and not during the production
period.
sanctions.
enforcement used as a tool for implementing the discipline among the employees
When these rules are not followed, violations happen.The table below
presents the list of offenses with its corresponding sanctions. These offenses are
not exclusive and such other actions not mentioned are to be evaluated through
Table 17
Offenses Sanctions
1 2 3
a. 1-3 days
b. 4-6 days
month
Tardiness/Late
a. 1-3 times
b. 4-6 times
Misbehavior
Theft
Fraud
Using Drugs
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LEGEND
Verbal Warning
Written Warning
pay
Termination