Blue Book

Vision Statement
Accessories Corner aims to be the leading producer of a world-class
accessory with its uncompromising principle – one accessory, one neighborhood,
one life at a time.
Mission Statement
To provide high quality, distinct and fashionable accessories that is
suitable for every need to meet the customer’s satisfaction.

CHAPTER I
THE PROBLEM AND ITS SCOPE
Introduction
Business is known as the practice of making one’s living by engaging in
commerce; it may also mean as a person’s regular profession, or trade. In order
to attain customer’s satisfaction, a company is being created. Accessories
Corner (AC) exists to provide an affordable yet quality product that can be used
in various ways and will surely meet the style and fashion of the customers.
Accessories Corner (AC) aims to become a well-renowned company that will be
known for producing unique, quality and affordable designed accessories.
The Rationale of the Study
Fashion creates a well profound sense of identity as it is being drawn out
according to people’s individuality. It does not only talk about clothes and shoes,
on the other hand, accessories do also belong in the world of fashion. Over the
years, personalities from different parts of the world introduces several types of
fashion styles such as Vintage, Casual, Sports and among others.
In today’s generation, unique and customized stuff are very prominent.
People are very conscious of how they look in every corner. The proponents
always look up to new trendy styles in internet and boutiques. In order to meet
the vision of the proponents of the study, a new found idea was created through
product creation, hence the name “A 2 – in – 1 Bling”. A accessory designed for
everyone.
Bling is a combination of “belt” and “sling.” It is an accessory that is worn
around the neck like a sling or tied around the waist as a belt. It is a two-way use
accessory with a special feature of a secret pocket. The purpose of our
customized product is to offer people something uncommon but useful type of
style that will help them lessen their time in choosing what belt or sling would
they use for their getup. Also, they can easily pick and wear our 2-in-1 accessory
without getting hassle. It also has an added feature of a secret pocket wherein
you can secretly place your money bills or pen inside it. Another purpose of our
product is that people can save money from buying both belt and sling instead
we can offer the two in just one accessory in Accessories Corner (AC). The
continuous development of the product is considered by the company to alter the
satisfaction of the customer.
The basis of our study is to conduct a subsequent introduction of a unique and
customized product which is the innovation of Bling.
Theoretical Background
During the 1920’s, belts were made from the same material as the outfit it
was intended to prevent from loosening pants. As the waistline dropped to the
hips, women wore belts on this new low waistline. Belt could be fashioned from
fabric, ribbon, cloth, suede, or decorated with elaborate beading. Centuries ago,
belts were the important thing to use for their practical nature. Purses and fans
would hang from belts, and during conflicts, they may have been used to carry
weaponry. Of course, belts would also serve the important purpose of keeping an
outfit in place; whether that is by holding a waistband securely to the body, or by
keeping robes together. (History of Belts 1920-1960, Jenny Mearns)
A loop lanyard adapted as a necktie hold-down, to display on a person,
identification card mediums, for public view. The identification card medium-
mounting element, placed on the smaller lanyard loop on the bottom end, may be
in the form of a clasp, ring, clip, or pressure closed hook to accommodate
various ID card eyelet designs. A clothing attachment clip is fixed to the rigid
portion at the top end of the lanyard loop for attachment to the shirt opening
directly behind the necktie. The loop lanyard cord is designed in a manner such
having a rigid support element integrated at the top where the clothing clip is
affixed to maintain the integrity of the shape of the necktie width. The
loop lanyard is inserted through a decorative bead to create a smaller loop where
the ID card mounting medium is located. The decorative bead will allow for an
adjustment by sliding the right or left side of the lanyard up or down, to maintain
the ID card centered on the front portion of the necktie. The necktie when placed
through the larger lanyard loop, will allow the identification card secured on the
medium to be displayed. (Pat. No. US6691904 B2, 004)
Lanyards were originally invented to prevent the risk of losing an object to
keep it constantly visible. The original materials for a lanyard back were wires
and cords with hooks on their ends. The hook would usually hold a soldier’s
artillery piece or any part of the weapon. In World War II, the American and
British soldiers used lanyards for their pistols and other weaponry. The lanyards
that were attached to weapons, like swords or guns, were sometimes part of the
military uniform of soldiers. Most of them would conceal these weapons under
their coat to defend themselves against enemies. (Origins of the Lanyard,
Douglas Austin, 2016)
S. M. Seron discloses a lanyard is having a retainer from which an object
can be place that is securely attached to the lanyard strap ends using a ferrule.
While the lanyard disclosed in that patent is well-designed, the presence of this
component adds some expense to the manufacturing cost of the lanyard simply
regarding the cost of the part. There also tends to be added manufacturing costs
regarding increased labor that is required to assemble the ferrule to the mounting
element and to the strap over the labor costs that would be present if such a
ferrule was not required. Thus while lanyards of the type mentioned worked
extremely well for their intended purpose and have been quite successful over
the years, it is desirable to reduce the cost of manufacture thereof. The present
invention, therefore, is intended to provide an economical and easy method of
securely attaching the lanyard ends to the mounting element. (US. Pat. No.
3,861,813 issued Jan. 21, 1975)
The theoretical background of the business plan entitled “ A Proposed
Manufacturing and Distribution of Bling” the Accessories Corner (AC) proponents
enterprise is closely related to the Theory of Jenny Mearns about belts and the
Published Issue of S.M Seron about lanyards. Since they both focus on comfort
and fashion that meets the customer’s satisfaction.
Flow of Research Process

The Research flow chart showed the step by step progress about a
particular study. It showed a graphically symbolic presentation of a process, and
it is consist of the input, the process, and the output.
For this research, the study will focus on manufacturing a 2-in-1 accessory
product of the company which is the Accessories Corner (AC). The study will
emphasize in identifying the primary resources of AC that enable them to stay in
the competitive position. For this study, the research is to provide a convenient
and high-quality product that will meet the customer’s satisfaction.
The process is the second phase of the flow which involved the
formulation, distribution, and retrieval of the questionnaires.
The output of our research shows the findings that emphasized the
positive impact of our product called Bling. Several people are interested in
fashion and applying on it. Accessories Corner leads to customizing things to
increase productivity through several means. A style is what people look up to fit
into a everyday trend; Accessories Corner aims to point out every people wants
by creating and customizing new accessories.
Figure 1 shows the Accessories Corner’s Research Flow Chart

D
E Questionnaire
S
C
R - Formulation
I
P
- Finalization
T - Administration Retrieval A proposed
I
Manufacturing
V
E and
Distribution of
M Data Bling
E
T
H - Tabulation
O - Presentation
D - Analysis
- Interpretation
Figure 1
Research Flow Chart of
Accessories Corner
THE PROBLEM
Statement of the Problem
The purpose of the study is to determine the attainability and viability “A
Proposed Production and Distribution of Bling” at Mabolo National High School.
Specifically, it aimed to answer to the following questions:
1. How viable is the study of Bling at Mabolo National High School regarding
the following aspects:
1.1 Management Aspects;
1.2 Marketing Aspects;
1.3 Technical Aspects;
1.4 Legal and Taxation;
1.5 Financial Aspects;
1.6 Financing Aspects;
1.7 Socio-Economic Aspects; and
1.8 SWOT Analysis?
2. Based on the findings, what recommendations can be to proposed “A
Proposed Production and Distribution of Bling”?
SIGNIFICANCE OF THE STUDY
The customer’s satisfaction will be the first success of this study. It is the
primary importance of this innovation. Its significance is to provide contentment
to the ever-growing fashion demand. The only constant in fashion is change. And
so, the study will conduct a concoction which is the customized and convertible
accessory. The proponents offer unique products to fulfill and supply this ever-
growing demand.
The study provides affordable designed accessories to those who wants
and needs to be updated. The use of the proponent’s product “Bling” will help the
customers save their money instead by buying both belt and sling and it is also a
hassle free and a convenient accessory in their accessory in their daily activities.
The study also offers employment to the unemployed to join our venture in
the innovation of our product. Through this, they can use skills for the economic
status. The enterprise collaborates with their breakthrough to the community,
consumers, and market.
RESEARCH DESIGN
The function of a research design is to ensure that the evidence obtained
enables the proponent to efficiently address and answer the research problem
logically and perspicuous as possible. Thus, this study is based on the proposed
Distribution and Manufacturing of Accessories Corner.
Research Methodology
The use of research methodology is a process where it collects
information and data to make a business decision. The method may contain
research, interviews, and other research instruments, and the data gathering
procedures.
Research Respondents
A population is an array of people who are living in a country or region. It
is also where individuals get to share a common trait which is to assay and
accumulate information or data. This subsection gives an idea on how the
proponents have arrived with sample size, on the other hand, it also provides
information about how many respondents per year level will include during the
researchers’ survey.
Table 1
Population and Respondents
Respondents
High School Total Population Percentage Sample Size

Students of
Mabolo National
High School
Grade 7 519 23% 78
Grade 8 463 21% 71
Grade 9 389 18% 61
Grade 10 403 18% 61
Grade 11 300 14% 47
Grade 12 143 6% 20
Total 2, 217 338

100%
Research Environment
The research environment is in Mabolo National High School situated
along Pope John Paul II Avenue, Kasambagan, Cebu City.
Research Instruments
The proponents use a research-made questioner to gather data. The data
gathered were then collected, tabulated and analyzed. Using the Sloven formula,
the proponents can reckon the total population of the respondents’ sample size.
It provides the sample size which is part of a subset of the total population from
which the information is collected.
Sloven’s Formula:
The sample size computation: where: n = Sample Size
N = Total Population
1 = Constant
e = Margin of Error
Data Gathering Procedure
The proponent’s prepared survey questionnaires which were distributed to
the high school students of the Mabolo National High School, Cebu City through
the permission and guidance granted by the principal of the said School, and the
director of the Department of Education.
DEFINITION OF TERMS
Bling. means a combination of belt and sling which is a convertible accessory.
Suede.refers to soft leather with a flesh side that has been rubbed on one side to
make a surface that looks and feels like velvety.
Lanyard. is a cord passed around the neck, shoulder, or wrist
Array.means an impressive display or range of a thing

CHAPTER II
THE DATA
This Chapter is all about explication, essay, analysis, and presentation of the
gathered data in the study. In this connection, the adaptation of the enterprise,
technicalities, legal aspects and taxation, and financial aspects will enhance the
distribution, formation, creation, and marketing flow and strategy of the endorsed
product.
SECTION I
MANAGEMENT ASPECT
The quality or state of being of the existing product is also under the
judgement of class A, B, C as their existence varies as they provide a
contribution which leads to a continuous success of the venture. Hence, their
sound judgement fair opinion is an essential element in uplifting the image of the
endorsed product. The team’s protean and versatile management will help the
enterprise determine their position in the market.
Techniques, activities, and tools used in enhancing the chamber and
coordination of a group of individuals which belongs to the team management as
it leads to produce a desirable result. The structure, formation and operating
tools shall be presented in this section. The enterprise’s proponents and
management are proud students of Bachelor of Science in Business

Administration General and Bachelor of Science in Business Administration-
Major in Entrepreneurship at the University of San Jose – Recoletos.
I. Management during the Pre-operation
The activities that belong to the pre-operating period performed
dominantly to the main operation of the business. These are as follow:
Project Timeline of Events
Figure 2 presents a streamline Gantt chart. It shows the span of the
consumed time by the team to execute and achieved the indispensable activities
before the normal operation starts. It will evaluate the systematized and
constrained production of the enterprise.
1. General Project Planning
It is the stage wherein the proponents contemplate their study.
They accumulate information, expert criticism, and ideas which will define
the project scope and appropriate methods of its implementation as these
are to be used as a mechanism for the control and budget operation of the
business management. Such process and undertaking will take
approximately one (1) month till the end of the stage.

a. Site Selection
It indicates the practice of new facility, both for business and
agreement. Site selections were to be done carefully because of the
success or failure to a greater extent on its locations. A careful
assessment of business sites by an experienced professional is
necessary. The site selections process includes a detailed evaluation of
needs which are then significant savings, gain access to resources not
available in the country. The Site Selection will take two (2) weeks.
b. Sourcing of Funds
Money is an essential tool in execution of this stage. The
proponents’ capital origin varies. It may come from their savings or their
parents. The one (1) month duration include; collection of money to be
used as a starting capital upon the commencement of the general project
planning.
c. Raw Materials Sourcing and Logistics
It is the stage where the proponents surveyed different business
about the price and substitutes of the materials to be used in the
production in case of a financial crisis, decline in supply, or face-out of the
said materials in the market. This stage can be done two (2) weeks after
the Site Selection.
d. Transportation Facilities
Transportation means a single or multimodal transportation facility
that provides transportation to the public on a fare basis, including bus and
train stations. The significance of which, is to carry people, goods from
one place to other. It becomes very important in each stage of human
civilization. The deliberation with regards to the best alternative or choice
of the mode of transportation facility that the enterprise will use during
their operations will take two (2) weeks, the same time as the Site
Selection.
e. Negotiation with the subcontractor
After the proponents seen the outcome of the proposed product’s
prototype and settled the production fee, the owner negotiates with the
subcontractor. This stage will take one (1) week.
2. Licensing
A business will only be legal in the eyes of the government once it
obtains its business license. It will be possible once the proponents
completed the requirements as mandated by issuing government agency
concerned. The business legalization will take two (2) weeks after the
General Planning.
a. Barangay Clearance
It is also known as the certificate of residency. A document
issued and acquired from a barangay hall where the place of
business of the bidder is located. It is the primary document needed
to be acquired in processing a business permit to start – up to a
new business as well during the renewal to continually operate
one’s business. It will also ensure that the enterprise is complying
with government requirements and has undergone the legal
process to operate a business. The barangay clearance will only
take one (1) working day.
b. Mayor’s Permit
It issued by the city or municipality where the principal place
of business of the prospective bidder’s location. It is a legal
document that offers proof of compliance in accordance to the
mandate of the city of the state, laws regulating structural
appearances and safety as well as the sale of products. As a start,
the business is expected to obey those enlisted requirements set
forth by the concerned government agency. Non-compliance will
result to forfeiture of the application for business operation.It serves
as a proof of the authenticity of business operation, Assurance for
clients, and investors. It also requires detailed information location
where the physical representation of the business is situated. The
mayor’s permit processing will take one (1) week.

c. DTI (Department of Trade and Industry)
It is one of the executive departments of the Philippines
Government which is tasked to expand Philippines trade,
industries, and investments as the means to generate jobs and
raise income for Filipinos. In order for the business to be formally
legalized they should apply for patentability test through the
Department of Trade and Industry. The DTI processing will take
one (1) working day after processing the Mayor’s Permit.
d. BIR (Bureau of Internal Revenues)
In starting up a business, one needs it to be registered to
BIR to make the business legal and help contribute to the
improvement of the society by paying taxes. After getting the TIN to
become a taxpayer registering the company for BIR will give the
owner the authority to print official receipts and other invoices and
taxes needed. The BIR processing will take one (1) week after
processing the Mayor’s Permit.
3. Site Establishment (Display Area Layout)
It is where the business operation starts the product is being stored,
and where the rendition of services to the customers happens. It includes
office layout, receiving, storage, delivery layout, electricity, water, and
telephone installation, purchasing of office supplies and equipment. It will
take one (1) month after the Permits Licensing of the business.
a. Office Layout
It deals with the design and set up of an office. It is also a
systematic arrangement of the furnitures,equipments, and supplies
in the office within the available floor space. It takes into account all
the accessories and equipment needed in an office. The office
environment can affect the employees work productivity. A good
office layout for business success makes the office functional and
comfortable for the staff and the customers. The office layout will
take two (2) weeks.
b. Receiving, Storage, Delivery Layout
Is an administrative function pertaining to checking of the
quality, quantity, condition of the incoming goods and appropriate
storage? Storage display layout serves as a mark in getting the
product. It makes the product attainable for the employees. It also
gives satisfaction to the consumers and the employees. The motive
of the storage display layout is for the consistency of the
consumer’s flow. It also helps avert shoplifting and theft. The
receiving, storage display layout will take two (2) weeks.
c. Electricity, Water & Telephone Installation
Electricity, water and, the telephone are vital materials in the
operation and transaction of business. Electricity, water, and,
telephone installation sustain in operating the business. It executes
transactions fast and easy for the consumers and the employees.
Electricity installation gives tranquillity to the consumers and the
employees. Water installation provides suitability to the employees.
Telephone installation helps the consumers inquire about the
product smoothly. The electricity, water, and, telephone installation
will take three (3) weeks.
d. Purchasing of office supplies & equipment
Equipment is also known as a fixed asset. It as a tangible
property that possessed, rented, controlled, and not consumed in a
usual course of business. Office supply may be bought from any
seller. The purchasing of office supplies & equipment will take four
(4) weeks.
4. Pre-Operation
Pre-operation consists of activities done before the official opening
of the business. The activities included in the juncture are recruitment,
purchase of raw materials, initial production, quality check, advertising
and promotion, product delivery, and product display. It will take two
(2) months after the Site Establishment
a. Recruitment
It is the procedure of finding and hiring the prime candidate
(from within or outside the firm) for a job opening, in a well-timed
and cost-effective manner. It provides firms with a pool of qualified
candidates; more qualified candidates mean better success. It can

help the firms encounter affirmative goals and can increase
organizational effectiveness. The purpose of recruitment is to
captivate a broad selection of candidates to occupy a job vacancy,
meaning that the list is filled out to include as many candidates as
possible before working on to the next level. The recruitment will
take three (3) weeks.
b. Purchase of raw materials
It is an act of buying the raw materials that the firm needs in
operating or manufacturing products. Purchasing of raw materials is
a significant function in all time of business organizations whether it
is small, medium or large. Without purchasing of raw materials,
there will be no business running. In today’s world, purchasing of
raw materials plays a remarkable role in developing the business
decision. It is to convene and to process them into goods to
accommodate the needs of consumers. The purchase of raw
materials will take two (2) weeks.
c. Initial Production
It is a measurement of the number of products produced by
a newly opened company or industry. The initial production will be
passably small compared to the peak production level in the middle
of the curve. It is applied to estimate the total production level of the
product and succeeding decline rate which is also called the initial
production rate. Initial production is significant; it is where the most

work is required. Initial production is more than just apaper work to
jump through hoops. It is a key to all proponents. It assures that the
proponent certainly knows what’s going on. It is to demonstrate that
the established can produce the part that consistently indulged the
entire customer’s needs during the actual production run at the
quoted production rate. The initial production will take two (2)
weeks after the Purchase of Raw Materials.
d. Quality Check
It implies a small team of quality checkers visiting service a
pre-arranged time to query questions to the people who used the
service, to find out how they feel about the service provided. The
quality check helps the manufacturing to distinguish the flawed
product and isolate from the goods that are being examined. It is a
set of procedures that evaluate the performance of the
manufacturer to meet the needs and wants of the consumer. The
quality check will take to (2) weeks, the same time as the Initial
Production.
e. Advertising and promotion
The significance of Advertisement and Promotion is to let the
customers know about the existence of the product or service
which increases its publicity. The proponents aim to disseminate
information to maximize the exposure of Bling in the market which
will help gain sales and built the reputation of the company. The
advertisement and promotion of the product will start a week after
the start of the Quality Check and will take one (1) month after the
Purchase of Raw Materials.
f. Product Delivery
After the first of Quality check, the enterprise is ready to
display their product in the market through the proponents’
proposed marketing strategy. It will take one (1) week to deliver the
products in the display area.
g. Product Display
The significance of product display is to showcase the
aesthetic appearance and to introduce the product in the market. It
is one of the advertising strategies of the enterprise that aims to
attract people who pass by on the establishment. The product
display will take one (1) week, the same time as the Product
Delivery.
5. Normal Operation
The normal operation will only start once the demand for the product
increases and the business begins to earn revenues from it. The expected
start of the normal operation is a week after the Product Display of the
products in the market.

Figure 2
Gantt Chart of
Accessories Corner
II. Management during the Operation Period
Before the business conducts its operations and transactions, it is only
right and decorous to determine which among the three natures of business it
should be engaging and appoint its management team. The Accessories Corner
(AC) decided to be a sole proprietorship managed and owned by Ms. Divine
Grace B. Arquillano.
Organizational Structure
The organizational chart is a comprehensive illustration of the enterprise’s
management positions regarding the degree of responsibilities. Through the true
definition of authority, the effective management and development of the team
will be viable. The Accessories Corner (AC) management ensure that authority is
oriented to the whole enterprise so that the people in the enterprise will have the
idea of the enterprise’s total composition.
Figure 3 shows Accessories Corner’s Organizational Chart

Divine Grace B. Arquillano
Owner/General Manager
Kate Iña G. Kiunisala Abigayle B. Catalan

Bookkeeper Secretary/Cashier
John Lester G. Layson Kate L. Pineda

Subcontractor Salesperson
Figure 3
Organizational Chart
Accessories Corner
Job Title and Description

A job description is a written, formal document that spells out the details of
the responsibilities and tasks associated with a given position. The following are
the duties and responsibilities of each member of the organization.
Owner/ General Manager- Ms. Divine Grace B. Arquillano
 Ensures the efficient and effective operations and management of the
business on a daily basis.
 Provides motivation and guidance to the employees.
 Ensures the viability of the business not only regarding their product
benefactors but also in the community it occupies and its effect in its
business operations.
 Monitors and gathers all resources to support the firm and take the
product to the market place.
 Monitors the cash inflow and outflow of the business
 Issues and keeps receipts of business transaction
Bookkeeper- Ms. Kate Iña G. Kiunisala
 Maintains the transparency, reliability, and precision of the enterprise’s
books of accounts
 Presents the monthly, quarterly and annual financial reports.
 Foresees and prepares the enterprise from the financial trends that it may
encounter.
Salesperson – Ms. Kate L. Pineda

 Works for the effective and efficient operations of the business.
 Ensures the viability of the business on a daily basis through the
performance of their assigned tasks.
 Checks the quality of the product after its production.
 Helps in the packaging of the products after its production.
 Delivers the product to its display location and online buyers through the
set meet ups.
 Hands over the products personally to the customers.
Sub-Contractor- Mr. John Lester G. Layson
 Transforms the raw materials to its final physique.
 Controls and improves the quality of the product.
Secretary/Cashier- Ms.Abigayle B. Catalan
 Serves as the assistant of the supervision in every aspect
 Records out activities of the company
 Serves as the company cashier
 Receives the cash inflow and monitor the outflow of the business
Business Description or Company Profile
The company profile is a description of services that the company
provides, its ethics and missions, description of limited assets that is acquired.
The company profile is a technique to form a first impression without someone
socializing with a company. It can also assist and be acquainted with the history
of a company particularly the quality of every organization and management
structure. It composes the past, present, and future performance of the
establishment.
Accessories Corner (AC) is a Filipino fast fashion boutique and a full-
service, an integrated marketing company with its head office located in Cebu
City, Philippines. It is a sole proprietorship business owned by a so-called
“proprietor.” It has been able to attract stable patronage selling apparel for girls,
boys, women, and men apart from venturing into accessories. Accessories
Corner (AC) expects to catch the interest of a regular loyal customer base with its
broad variety of accessories. Accessories Corner (AC) will meet their customers
where they are, focusing on how men and women approach shopping by
obtaining mentions and reviews in the top fashion. The company innovates
unique style and educational emphasis in helping individuals develop their styles
that will enhance reputation as a truly unique boutique.
The study is all about a product which is multi-purpose.
Accessories Corner is a cradle of blue ribbon slings and belt which was
established on December 03, 2017, by a group of students from the University of
San Jose-Recoletos who have one aspiration - to provide customer satisfaction
with our world-class accessories. The company generated its name after the
proponents decided to produce a sling belt with leading-edge features: a pocket,
back part of the sling belt where you can place your money bills or pen without
others noticing it. Thus, it gave the boost to the term “Bling” which is a
combination a word Belt and Sling.

The Slogan of the company is “Your Style, Our Corner.” The proponents
chose this because it fits with the product. It points out to the consumers, telling
them to wear a Sling or Belt without a doubt. They will have a product which can
be used in two ways.
The company cannot make the product on their own, so they decided to
hire a subcontractor. Mr. John Lester G. Layson is the one who manufactures the
product. The company hired him because he is equipped with tools and he has a
lot of expertise in making the product.
The production area of the company is located at 509- R Tormis Street,
Sambag 1, Cebu City since it is where the subcontractor lived. It will be facile for
the subcontractor in making the product.
The display area of the firm is located at 18-New Era Street, Mabolo,
Cebu City because this place is noted for it is in the City, which means that the
business transactions of this locality are forward-looking, and there are bountiful
of the population.
The company needs buyers for the company to earn a profit. The target
markets of the product are the high school students. The company chose the
high school students since they are the ones that the proponents believed that
would likely to use and buy the product.
Vision Statement
Accessories Corner aims to be the leading producer of a world-class
accessory with its uncompromising principle – one accessory, one
neighbourhood, one life at a time.
Mission Statement
To provide high quality, distinct and fashionable accessories that is
suitable for every need to meet the customer’s satisfaction.
Work Schedule
Accessories Corner (AC) will operate for 8 hours a day from 8:00 AM to
12:00 NN and 1:00 PM to 5:00 PM. The staff has a 1 - hour lunch break from
12:00 NN to 1:00 PM. The employees are required to come on time to perform
their respective duties.
Management Policies and Regulations
Management policies and regulations establish the rules of conduct within
an organization, outlining the responsibilities of both employees and employers.
Company policies and regulations are in place to protect the rights of workers as
well as the business interests of employers. Depending on the needs of the
organization, various policies and regulations that established rules regarding
employee conduct, attendance, dress code, privacy and other areas related to
the terms and conditions of employment.
Here are the Management Policies and Regulations:

Compliance with Law
All employees must protect our company’s legality. They should comply
with all environmental, safety and fair dealing laws. The manager expects
employees to be ethical and responsible when dealing with our company’s
finances, products, partnerships, and public image.
Respect in the Workplace
All employees should respect their colleagues. The company won’t allow
any kind of discriminatory behaviour, harassment or victimization. Employees
should agree to our equal opportunity policy in all aspects of their work, from
recruitment and performance evaluation to interpersonal relations.
Protection of Company Property
All employees should treat our company’s property, whether material or
intangible, with respect and care.
Employees:
 Shouldn’t misuse company equipment or use it frivolously.
 Should respect all kinds of incorporeal property. It includes
trademarks, copyright and other property (information,
reports, etc.) Employees should use them only to complete
their job duties.

Employees should protect company facilities and other material property
from damage and vandalism, whenever possible.
Professionalism
All employees must show integrity and professionalism in the workplace.
Personal Appearance
All employees must follow our dress code and personal appearance
guidelines.
Absenteeism and Tardiness
Employees should follow their schedules. The owner can make exceptions
for occasions that prevent employees from following standard working hours or
days. But, generally, we expect employees to be punctual when coming to and
leaving from work.
Job Duties and Authority
All employees should fulfil their job duties with integrity and respect toward
customers, stakeholders, and the community. Supervisors and managers must
not abuse their authority. The owner expects them to delegate tasks to their team
members taking into account their competences and workload. Likewise, the
owner expects the team members to follow team leaders’ instructions and
complete their duties promptly and with skill.
Conflict of Interest
The owner expects the employees to avoid any personal, financial or other
interests that might hinder their capability or willingness to perform their job
duties.
Ownership
Accessories Corner (AC) is a form of sole proprietorship and it is owned
by Ms. Divine Grace B. Arquillano. As the sole proprietor, she manages and
receives the income from the business. Regardless of the fact that the business’
speculation was done with her proponents, she still has the statutory rule to
manage the company’s operations. The proponents have chosen this form of
business because of some advantages. It is owned and managed by a proprietor
who has the unlimited liability for its operations.

SECTION II
MARKETING ASPECTS
There is such no perfect business in the world full of competitors. The only
possible way to prevail the status of your business is to maintain the dynamism
and the vigorous level of synthesis and conceptions made. A cornerstone of a
business triumph is through market analysis that will help the company exemplify
the current trend in the market. It gives a complex perspective that will study the
decision in formulating strategies.
Market analysis is a reference for the company’s activity. A quantitative
and qualitative assessment of a market that provides a detailed overview of the
industry you contemplate to sell your product or service. Through this analysis,
you would determine the strengths, weaknesses, opportunity, and threats of the
company. It has a lot of dimensions that must have a clear plan. The market size,
market trends, market growth rate, market profitability, distribution channels, and
key success factors are just some of its dimension that needs to be well
analyzed. It helps the business identify the attractiveness of a market within a
specific industry. The purpose of its formulation is to know how you run your
business efficiently and effectively.
To strive for the success of the business, a completion and thorough
investigation of the market analysis is a requirement.

Market Segmentation
Part of having a business is to establish a good strategy and marketing
plan to have a good and successful business. Part of these is the market
segmentation in which the proponents classify the process of how they market
their product called “Bling.” In market segmentation, there are different types on
how they distribute the products from the company to the consumers. In
segmenting the market, the principle of marketing has the necessary to be
applied to formulate well the business.
Target Market
Styles change day by day. Just like any other companies, Accessories
Corner (AC) gives you the innovative product that is still not on the market. In
business, it is important to identify a target market so it can direct its marketing
efforts to the group of customers and better satisfy their needs and wants.
The primary target market is the particular segment of the marketplace
with the overall population; a business believes that it will give the massive
chance to sell. As to Accessories Corner (AC), the primary target markets are
both junior and senior high school students of Mabolo National High School,
Mabolo, Cebu City. According to the survey conducted, it shows that using multi-
purpose product makes their life uncomplicated. It is affordable than buying belt
and I.D. sling alone.
The second target market refers to the segment which gives the highest
possibility of sales in the enterprise. The Accessories Corner’s (AC) secondary

target markets are workers, college students, and elementary students. These
people are found at the schools, offices, streets, and malls. Through the
Accessories Corner (AC), these segments can use in a multi-purpose without
hassle; they can also secure their money while walking at the public places.
Market Research
Market Research is the process of collecting data to determine if the
product satisfies the customer’s needs. Conducting a regular market research
helps the owner identify and analyze the market need size and competitors.
Having a greater understanding of the market will help the owner keep up with
market trends and develop a competitive strategy.
Research Subject
The subjects of this research are the junior and senior high school
students of Mabolo National High School, Mabolo, Cebu City. The total
population of the subject the school year 2017-2018 is two thousand two-
hundred seventeen (2,217).
Research Environment
The research environment is the place where the product is being
identified or asked. We choose Mabolo National High School at Pope John Paul,
Kasambagan, Cebu City as the place to conduct a survey. The research
environment is the location where the product is being introduced or it is the

location where the proponents ask the respondents. If the product is placed in
the market, will it be in demand or will it be a lost in just a short period of time.
Table 2
Research Respondents
Respondents Total
Mabolo National High School Population
Students
Grade 7 519
Grade 8 463
Grade 9 389
Grade 10 403
Grade 11 300
Grade 12 143
TOTAL 2, 217
Table 2 shows the total breakdown of the population of the High School
students of Mabolo National High School, Mabolo Cebu City.
Total Population and Respondents
In this segment, it testifies how the proponents bring-forth with the sample
size and how many respondents per grade level will be participating in the
researchers’ survey.
Table 3
Total Population and Respondents
n = 338
Mabolo National High School

High School Percentage Sample Size
Total Population
Students (%) (n)
Grade 7 519 23% 78
Grade 8 463 21% 71
Grade 9 389 18% 61
Grade 10 403 18% 61
Grade 11 300 14% 47
Grade 12 143 6% 20
TOTAL 2,217 100% 338
Table 3 testifies the total population and corresponding sample size for
each grade level. The sample size the proponents quantify is about three
hundred thirty-eight (338). This was obtained through the use of Sloven formula.
Survey Results and Interpretation of the High School Students of
Mabolo National High School Day Class
Whether or Not the Respondents Wear Belt for Pants, Shorts or Dresses
The proponents handing out the respondents’ with a survey questionnaire
that is answerable by yes-no by way of knowing whether or not the respondents
wear sling and belt at all time.

Table 4
Whether or Not the Respondents Wear Belt for Pants, Shorts or Dresses
n = 338

TOTAL
Responses Grade 7 Grade 8 Grade 9 Grade 10 Grade 11 Grade 12
F % F % F % F % F % F % F %
Yes 53 68 52 73 48 79 41 67 38 81 13 65 245 72
No 25 32 19 27 13 21 20 33 9 19 7 35 93 28
TOTAL 78 100 71 100 61 100 61 100 47 100 20 100 338 100
Table 4 testifies the proponents that out of three hundred thirty-eight (338)
respondents, there were only two hundred forty-five (245) of them wear belts for
their pants, shorts or dresses.
Whether or Not the Respondents Wear Slings for I.D.
For the proponents to note how many of the respondents will wear I.D.
slings or would not wear I.D. slings.

Table 5
Whether or Not the Respondents Wear Slings for I.D.
n = 338

TOTAL
F % F % F % F % F % F % F %
Yes 64 82 64 90 57 93 59 97 40 85 16 80 300 89
No 14 18 7 10 4 7 2 3 7 15 4 20 38 11
TOTAL 78 100 71 100 61 100 61 100 47 100 20 100 338 100
respondents, there were only three hundred (300) of them wear slings for I.D.
and the others use clips as their ID holder.
Whether or Not the Respondents Find Belt and Sling Useful and
Convenient
Today, individuals are fond of buying things not only for their wants but
also for their needs that includes the usefulness and convenience of a product.
The proponents were handing out survey-questionnaires to the respondents’ that
is answerable by yes-no.
Table 6
Whether or Not the Respondents Find Belt and Sling Useful and
Convenient
n = 338

TOTAL
F % F % F % F % F % F % F %
Yes 70 90 62 87 60 98 58 95 44 94 17 85 311 92
No 8 10 9 13 1 2 3 5 3 6 3 15 27 8
TOTAL 78 100 71 100 61 100 61 100 47 100 20 100 338 100
respondents, there were only three hundred eleven (311) of them finds the belts
and slings useful and convenient.
Whether or Not the Respondents Like a Multi-Purpose Product
In this population, some people are sharp-witted enough to buy a thing
that has many usages.

Table 7
Whether or Not the Respondents like a Multi-Purpose Product
n = 338

TOTAL
F % F % F % F % F % F % F %
Yes 69 88 62 87 56 92 56 92 45 96 18 90 306 91
No 9 12 9 13 5 8 5 8 2 4 2 10 32 9
TOTAL 78 100 71 100 61 100 61 100 47 100 20 100 338 100
respondents, there were only three hundred six (306) likes a multi-purpose
product.
Whether or Not the Respondents are Willing to buy Our Product Bling
The proponents are pleased to distinguish if it is a profit-making product to
its targeted respondents. The proponents handed out a survey-questionnaire that
is answerable by yes-no.
Table 8
Whether or Not the Respondents are Willing to Buy our product Bling
n = 338

TOTAL
F % F % F % F % F % F % F %
Yes 62 79 55 77 38 62 29 48 37 79 8 40 229 68
No 16 21 16 23 23 38 32 52 10 21 12 60 109 32
TOTAL 78 100 71 100 61 100 61 100 47 100 20 100 338 100
respondents, there were only two hundred twenty-nine (229) or 68% of
respondents are willing to buy our product Bling.
Respondents’ Response as to the Number of the Product “Bling” they are
Willing to Buy
The proponents need to clarify the respondents on how many products
they want to buy in order for the proponents to foresee its supply.
Table 9
Respondents’ Response as to the Number of the Product, Bling, they are
Willing to Buy
n = 338

TOTAL
F % F % F % F % F % F % F %
One 60 77 44 62 44 72 34 56 38 81 16 80 236 70
Two 10 13 10 14 2 3 7 11 4 9 2 10 35 10
Three 4 5 6 8 2 3 0 0 0 0 0 0 12 4
Others 4 5 11 16 13 22 20 33 5 10 2 10 55 16
TOTAL 78 100 71 100 61 100 61 100 47 100 20 100 338 100
Table 9 figure out that the respondents who are willing to buy one (1)
product is 70% out of 100%. The other respondents are willing to buy 2, 3, and
more which is equivalent to 30%.
Respondents’ Preference as to the Color of the Product, Bling
The significance of selecting the appropriate color of Bling is to catch the
consumer’s eye. The proponents handing out are survey-questionnaires to the
respondents for them to answer the preferred color of the product Bling that is
useful for the proponents to discern the majority of the color of the product that
the venture will produce.
Table 10
Respondents’ Preference as to the Color of the Product, Bling
n = 338

TOTAL
F % F % F % F % F % F % F %
Black 37 47 38 53 29 48 31 51 27 58 14 70 176 52
Blue 19 24 14 20 11 18 8 13 7 15 4 20 63 19
Red 14 19 3 4 5 8 4 7 2 4 0 0 28 8
Others 8 10 16 23 16 26 18 29 11 23 2 10 71 21
TOTAL 78 100 71 100 61 100 61 100 47 100 20 100 338 100
Table 10 indicates that out of three hundred thirty-eight (338) respondents
there are only one hundred seventy-six (176) respondents who prefer to be
black, there are seventy-one (71) who prefer to be in other colors, sixty-three (63)
respondents prefer to be blue, and lastly, eight (8) respondents who prefer red.
As shown in the data, most students prefer the Bling as simple as they preferred
black color for Bling.
Respondents’ Preference as to the Cloth Design of the Product, Bling
The importance of design is to catch the eye of the customers even if
some individuals will judge the book by its cover. The proponents were handing
out survey-questionnaires to the respondents’ for them to answer the preferred
design of the product Bling that is useful for the proponents to discern the
majority of the color of the product that the venture will produce.
Table 11
Respondents’ Preference as to the Cloth Design of the Product, Bling
n = 338

TOTAL
F % F % F % F % F % F % F %
Plain 28 36 27 38 21 34 22 36 22 47 10 50 130 38
Printed/Floral 25 32 15 21 20 33 22 36 13 28 5 25 100 30
Stripes 13 17 19 27 11 18 4 7 3 6 2 10 52 15
Others 12 15 10 14 9 15 13 21 9 19 3 15 56 17
TOTAL 78 100 71 100 61 100 61 100 47 100 20 100 338 100
Table 11 indicates that out of three hundred thirty-eight (338) respondents,
there were fifty (50) respondents who wants Bling’s design to be Plain; there are
twenty-five (25) respondents who wants Bling’s design to be Printed/Floral; there
are ten (10) respondents who wants Bling’s design to be stripes; and lastly, there
are fifteen (15) respondents who wants Bling’s design to be other preferred
design which the proponents did not put in as a choice. It is mentioned that the
respondents wants to produce a product that has plain design.
Whether or Not the Respondents are willing to buy Our Product Bling at
₱85.00
The proponents were handing out a survey questionnaire to the
respondents that is answerable by yes-no, by way of knowing whether or not the
respondents are willing to buy at that price.
Table 12
Whether or Not the Respondents are Willing to Buy Our Product “Bling” at
₱85.00
n = 338

TOTAL
F % F % F % F % F % F % F %
Yes 58 74 37 52 36 59 37 61 33 70 4 20 205 61
No 20 26 34 48 25 41 24 39 14 30 16 80 133 39
TOTAL 78 100 71 100 61 100 61 100 47 100 20 100 338 100
Table 12 testifies the proponents that out of three hundred thirty-eight
(338) respondents, there were only two hundred five (205) respondents that are
willing to buy the product at a price of ₱85.00.
Respondents’ Assessment as to the Quality of the Product “Bling”
For the proponents to be well informed about what the individuals think
about their product, Bling, they give voice to their respondents and let them
answer the survey- questionnaire about how the respondent find the quality of
the product, Bling.
Table 13
Respondents’ Assessment as to the Quality of the Product, Bling
n = 338

TOTAL
F % F % F % F % F % F % F %
Excellent 36 46 31 44 36 59 32 52 24 51 3 15 162 48
Very Good 31 40 30 42 14 23 16 26 17 37 11 55 119 35
Neutral 4 5 5 7 4 7 9 15 3 6 5 25 30 9
Needs
7 9 5 7 7 11 4 7 3 6 1 5 27 8
Improvement
TOTAL 78 100 71 100 61 100 61 100 47 100 20 100 338 100
Table 13 indicates that out of three hundred thirty-eight (338) respondents,
there are one hundred sixty-two (162) respondents who give excellent in the
quality of the product; there are one hundred nineteen (119) who gives very
good; there are thirty (30) respondents who gives neutral; and lastly, there are
twenty-seven (27) respondents who give needs improvements.
Key Projections
Inside every entrepreneur’s business plan is a glimpse into the start-up’s
future, beginning with an executive summary and ending with an appendix. It is a

prophesy correspondence of an unquestionable. Aspects of a venture based on
the previous and current data, observations evidence and trend that venture
have in hand.
Demand Analysis
Demand Analysis is a process of the business cycle that is in charge to
study the demand of the people or the consumer on how do they react on a
product produced by the business. This will help to determine the number of the
demand for the product that would help the company tell the business equilibrium
of the demand and the supply the business has.
Demand
Demand is a consumer’s desire and ability, it is also a quality of good
service, that the business and consumer are willing to buy the given price in a
given period. It’s an underlying force that drives economic growth and expansion.
Past Demand
It is the former activities done by the company. It imparts as a huge
portion of their market analysis as they go through in deciding about their
production capacity. It is a condition of a certain company in knowing future
chances that may come for them to determine if they will increase or lessen the
production of their product. Past Demand will also tell if the product is still in
demand or has reached its maturity stage. Since Accessories Corner is a new
business, the proponents cannot determine its past demand.

Present Demand
Present demand is the extent of markets eagerness to pay the overall
price of services and goods. Thus, it refers to the number of people who wants
the product to be attractive. One of the possible ways that Bling would be
saleable is to conduct a survey so that we will know how to get the target market
of the product.
Average Present Demand per Respondent
It is mandatory for the venture to recognize the average present demand
per respondent of their product to create estimations of the volume that they
need to produce.
Table 14
Average Present Demand per Respondent
n= 338
Number of Purchase Number of Willing Products

Respondents (in units)
(Table 12)
1 236 236
2 35 70
3 12 36
4 55 220
TOTAL 338 562
Average Demand per

Respondent (562/338) 2 pcs
Table 14 illustrates the current average demand per respondent of the
product “Bling” which is figured out by multiplying the number of purchases to the
comparable number of the respondents who are willing to buy. Next, it will be
divided by the total number of products (in units) to the total number of
respondents willing to buy to get the average demand per respondents.
Projected Average Annual Percentage Increase in Population

For the proponents to outlook the production of the population of each
school year, the rate of increase (decrease) must be obtained. The value that will
be attained in this table will enable the proponents’ to compute for the projected
annual population of the respondents which will be used for the further
forecasting of their proposed product, Bling.
Table 15
Projected Average Annual Percentage Increase in Population
Student Increase % Increase

School Year Population (Decrease) (Decrease)
2012 – 2013 1,895 - -
1,726 (169) (8.92)

2013 – 2014
177
2014-2015 1,903 10.3
2015-2016 1,766 (137) (7.20)
2016-2017 1,569 (197) (11.16)
2017-2018 2,217 648 41.30
Projected
Average Annual 24.32/5=
Percentage
Increase in 5%
Population
Table 15 illustrates the projected average annual percentage increase in
the population of the high school students at the Mabolo National High School
which has an increase of 5%.
The conclusion was acquired through the computation done by the
proponents. The formula below was uses to compute the projected average
annual rate of increase in population.
Formula:
Population Y2 – Population Y1
% In/Dec = X 100
Population Y1
Where:
RoI/D = Rate of Increase/Decrease (per year)
Population Y2 = Current year’s population
Population Y1 = Previous year’s population
T%ol/D
PAA/DiP =
#oPY
Where:
PAA/DiP = Projected Average Annual
Increase/Decrease in Population
T%ol/D = Total Percentage of Increase/Decrease
#Opy = Number of Projected Years

Projected Annual Population
The values of the projected annual population for the nextthree(3) years
will help the proponents in the computation of the projected annual demand of
Bling.
Table 16
Projected Annual Population of BLING
School Student Average Projected

Year Population Annual Annual
(a) Percentage Population
Increase in (a+b)
Population (5%)
(table 15)
2018-2019 2,328 116,40 2,444
2019-2020 2,444 122.2 2,566
2020-2021 2,566 128.3 2,694
2021 – 2022 2,694 135 2,829
2022 – 2023 2,829 141.4 2,970
Table 16 presents the projected annual population which shows an
increase in the number of the population of the high school students at the
Mabolo National High School.

Formula
Population in Y2 – Population Y1
= X 100
Population Y1
Projected Annual Demand
Projected annual demand is one of the most significant figures in
calculating the usefulness of the proposed subject. It is used in determining the
firm’s upcoming manufacture levels as well as the efficiency in projecting
demand that would share to break through the morale of the upcoming
procedures.
Table 17
Projected Annual Demand for the Next Five Years
Projected Willingness Average Projected

School Year Annual to buy Demand per Annual
Population (b) Respondent Demand
(a) (68%) (c) (units)
(Table 16) (Table 12) (Table 14) (axbxc = d)
2018-2019 2,444 68% 2 3,324
2019-2020 2,566 68% 2 3,490
2020-2021 68% 2 3,664

2,694
2021 – 2022 2,829 68% 2 3,847
2022 – 2023 2,970 68% 2 4,039
Supply Analysis
It is a precise report of the inputs and outputs of a procedure that is
engaged to determine how the feasible capacity of a product is concerned by
innovation in demand, input factors, and production techniques. Supply analysis
is often used to make key policy decisions by manufacturing business managers
since it gives them insight on how shifts in production are likely to influence
market supply.
Past Supply
Past supply is a number of the product redeem by the consumers. It is
essential to notice the positive venture to be a frame of mind and to be

aggressive to produce a product for the upcoming opportunities; this is the time
that a number gain its production volume for a higher profit and to give
satisfaction to the consumers. The Accessories Corner (AC) does not have a
past supply since their product is new in the market.
Present Supply
It describes the total number of goods and services. The capacity of goods
manufactured for sale at current. The Accessories Corner (AC) will advertise
“Bling” at the purpose and reasonable product. Product scheme is willing and
able to promote at a given price considering all other aspects that can satisfy the
consumer’s needs and wants. The venture will capture new opportunities;
enthusiasm does not necessarily mean that the enterprise is in the best position
to excel. The firm is just confident about the quality of its product.
Table 18
Average Percentage Increase / Decrease in Supply per year
(Market Analysis)
Average
Increase /
Month Competitor 1 Competitor 2 TOTAL Decrease of
Supply per
month
January 27 15 42 -
February 20 13 33 (0.21)
March 16 10 26 (0.21)
April 13 13 26 0
May 15 17 32 0.23
June 10 32 42 0.31
July 15 30 45 0.07
August 19 35 54 0.2
September 12 24 36 (0.33)
October 16 20 36 0
November 20 17 37 0.02
December 34 16 50 0.35
Total supply 214 242 456
Total Average
Increase of 0.43 or 1%
Supply per year
Table 18 specify the importance of producing the product in the next five (5)
years and to anticipate the forthcoming proficiency of a business. To get the

Projected Annual Supply, it is computed based on the projected annual demand
multiplied by the competitors assumed market share.
Projected Annual Supply
Projected Annual Supply is estimating the product for the production levels
of the distribution and the factors that can affect the business activities of the
consumers. This information is useful to maintain our production more relevant
and the appropriate inventory of each level. Determining and computing the
production is more important so that we would able to know that the production
can increase the respective market share.
Table 19
Projected Annual Supply for the Next Five Years
Present Average Projected

School Year Supply Increase /Decrease Annual Supply
(Table 18) of Supply
(1%)
(table 18)
2018-2019 456 4.56 461
2019-2020 461 4.61 466
2020-2021 466 4.66 471
2021 – 2022 471 4.71 476
2022 – 2023 476 4.76 480

Table 19 shows how the company’s product annual supply for the next
five (5) years was computed through the annual demand by the market share.
Based on the table, there is a total of 480 projected annual demand in the S.Y.
2022 – 2023.
Table 20
Demand – Supply Gap Analysis
Projected Projected Demand –

Annual Annual Supply
School Year Demand Supply Gap
(Table 17) (Table 19)
2018-2019 3, 324 461 2, 863
2019-2020 3, 490 466 3, 024
2020-2021 3, 664 471 3, 193
2021 – 2022 3, 847 476 3, 371
2022 – 2023 4, 039 480 3, 559
Production Capacity
Is the availability of a company in purchasing products to meet the
demand at the consumer, It also plays a big part in the market on catering the
needs of the consumer by filling the gap in the market.

Table 21
Production Capacity
School Daily Monthly Yearly Percentage Yearly

Year Output Output Output Increase Production
Capacity
2018-2019 100 2,600 18,200 - 18,200
2019-2020 100 2,600 31,200 10% 20,020
2020-2021 100 2,600 31,200 10% 22,022
2021-2022 100 2,600 31,200 10% 24,224
2022-2023 100 2,600 31,200 10% 26,646
Market Share
It is a percentage as a portion imparted by a company in the market. It is a
portion shared by the company in dividing the total sales of the industry over a
same period. Market shares also indicate the contribution of a company to the
economics market of certain plays. It also creates competitiveness on both
party’s which will determine who dominated the market.

Table 22
Market Share Analysis
Projected Demand - Yearly Percentage

Annual Supply Gap Production
School Demand (b) Capacity
Year (a) (Table 19) (c)
(Table 17) (Table 20)
18, 200
2018- 3, 324 2, 863 15%
2019
31, 200
2019- 3, 490 3, 024 14%
2020
31, 200
2020- 3, 664 3, 193 14%
2021
31, 200
2021 –
3, 847 3, 371 14%
2022
31, 200
2022 –
4, 039 3, 559 13%
2023
Channel of Distribution
The Channel of Distribution is one of most important thing to consider when
starting a business and even during the business. The Channel of Distribution
deals with the distribution of the products from the production area for this
facilitate the movement of the goods produced from the company to the
consumers. This would also determine where the display area of the company
located is. Some of these are the direct selling in which the products are
distributed by the producer directly to the consumer. It could also be the products
that will be distributed by the producer to the wholesaler and retailer and lastly to
the consumer, from the producer to the retailer to the consumer.
Figure 4 shows Accessories Corner’s channel of distribution
Subcontractor’s Production Area
Accessories Corner’s Display Area
Store Retailers / Wholesalers
End Users
Mode of Transportation
A business is traditionally linked with a transportation system that would
improve the flexibility and enhancement in picking up the product. The mode of
transport is used to distinguished substantial ways to perform the specific
delivery.
Accessories Corner (AC) will provide the vehicle, specifically a motorcycle,
in picking up the product as it is owned by the owner, Ms. Divine Grace B.
Arquillano.
The products will be picked up by the salesperson, Ms. Kate Pineda. The
business will only shoulder the gasoline expense which is ₱50.00 per month for
the motorcycle that is used for picking up the product from the production area at
509- R Tormis Street, Sambag 1, Cebu City into the display area at #18 New Era
Street, Mabolo, Cebu City.
Business Location
It is necessary to have the right location in the area of the business. The
display area of the proponent is at New Era Street, near PLDT. The place must
meet the demand product market of the area and must be accessible and a safe
place for the customers. The display area has 25 square meters.
Figure 5 shows the business location sketch

Figure 5
Business Location Sketch
Production Location
Production area should be located near the firm to be more accessible
regarding productivity and generate the highest revenues per unit of investment.
It is where the product is being manufactured or made. Accessories Corner (AC)
production location is at 509- R Tormis Street, Sambag 1, Cebu City.
Figure 6 shows the production location sketch

Figure 6
Production Location Sketch
Display Layout
It is where the proponents market their products. A clean and better
ambiance of the store will catch the eyes of the customer.
Figure 7 shows the company’s display layout
Figure 7
Display Layout
Promotion
Promotion in general term, consist of all the ways available to make a
product and service known to and purchased by the customers and clients.
Advertising is just one specific action you could take to promote your product or
service. The word promotion is also used precisely to refer to a particular activity
that is intended to promote the business, product or service.
Promotional Tools
Promotional tools are tactics or activities that companies plan and execute
to persuade consumers to buy their products or services. These advertising
instruments contribute a different way to each customer and achieve
communication objectives.
For the proponents to promote the product, they need to give leaflets,
produce tarpaulins, and online advertising.
These are the promotional tools:
 Leaflet
A leaflet is a piece of paper used to advertise a product, event,
service or another service. It is often used by business
organizations to promote their products and services. The company
was able to distribute 50 pieces of leaflets at ₱3.00 per piece.
Figure 8 shows the company’s sample leaflet.

Figure 8
Leaflet
 Tarpaulin
A tarpaulin is a large sheet made of plastic material and is used to
promote the company’s products and or services. It has the same
purpose as the leaflets. The tarpaulin is placed where people can
see it. The proponents’ tarpaulin costs ₱66.00.
Figure 9 shows the company’s tarpaulin

Figure 9
Tarpaulin
Jingle
Youth
Verse 1:
What if, what if bling exist
What if, what if we use today
What if, we still innovate and sell
And What if, what if they imitate
What if, what if we lose to them
What if, we will be behind and will never found
Pre-chorus:
And when the “Bling” starts clicking like a photo booth
And the customers will be satisfied
Chorus:
AC, AC is your
Giving your needs and supply your wants
AC, AC is yours
Making your life like a fashion stuff
AC, AC is yours
A boutique so good you can’t ignore
AC, AC, AC
AC is yours
 Business Card
A business card is a tool given to people to contact a person. It
contains the person’s name and other important business
information. Business Cards would somewhat tell how prepared
you are. Distributing these business card would help in promoting
your brand and product. Among the other promotional tools, this is
the hardest. The industry produced 50 pieces of business cards
which cost ₱4.00 per piece.
Figure 10 shows the company’s sample cards
Figure 10
Business Card
 Online Advertisement
An online advertisement is a tool in advertising our product through
the social networking sites like Facebook, etc. The Accessories
Corner (AC) refers to used Facebook since it would be easier for
the company to promote their product because it is one of the most
used sited all over the world.
Figure 11 shows the company’s official Facebook Page.
Figure 11
Company’s Facebook Page

Pricing
It is a method adopted by a firm to set its selling price. It usually depends
on the firm’s average costs, and on the customer’s perceived value of the
product in comparison to his or her perceived value of the competing products.
Pricing includes finances, discounts, and other leasing strategies.
Variable Cost
Total Variable Cost =
Estimated Production per Year
188, 370
Total Variable Cost =
1, 820
Total Variable Cost = 103.45
Fixed Cost
Unit Cost = Total Variable Cost +
Estimated Production per Year
148,412.10
Unit Cost = 103.45 +
1, 820
Unit Cost = 103.45 + 81.55
Unit Cost = 185
Unit Cost 185

Selling Price = Selling Price =
1 - % mark up .80
185
Selling Price = Selling Price = 231.25
1 – 20%
SECTION III
TECHNICAL ASPECTS
This study discusses the process of production in the company. It states
the machinery and equipment used in production and other aspects regarding
bringing the raw materials into a finished product. It takes a lot of time and effort,
every day the entity must improve its product for the customer’s satisfaction.
An efficient and effective operation helps the business to reduce cost and
might improve customer satisfaction.
Business Hours
The Accessories Corner (AC) will start its business hours at 8:00 AM to
5:00 PM with a one (1) hour lunch break 12:00 NN to 1:00 PM. The store is
closed every Sunday.
Product Description
The Accessories Corner (AC) innovate a customized and unique
accessory which is in demand in the fashion world. The name of the product is
“Bling.” Bling is a combination of “belt” and “sling.” The product is a two-way use
accessory with a special feature of a secret pocket. It can be worn around the
neck like a sling or tied around the waist as a belt. The proponents want to offer
affordable and multi-functional accessories to its customers. It is a personal
accessory. The sling is 21.5 inches by 1 inch in size, while the belt is 43 inches
by 1 inch in size. The product uses a lanyard that includes polyester, nylon, satin,
silk, polyethylene terephthalate (PTE) and braided paracord that will ensure the
quality of the accessory. Our product is something uncommon but useful type of
style that we can use for our daily get up.
Product Research and Development
Research and development are a series of fact-finding activities that the
company chooses to engage in discovery that leads to the creation of new
goods, services or procedure for the improvement of existing material.
The purpose of product research and development is to know what to
improve on the product or what are the things that need to be done for the
product to be saleable in the eyes of consumers. Under the product of research
and development, there are team professionals who are handling in innovating
the product or helps in developing new products. They analyze and put the
product for better use for the consumers.
The Accessories Corner (AC) proposed a customized and unique
accessory in a busy world of fashion. The accessory is multi-functional. The
enterprise’s ideation and product research and development began during the
second semester of the academic year 2017-2018. The proponents agreed to
introduce an accessory that is a two-way use which they called as “Bling.”
According to the research team, the principal reasons, why people must
use the BLING are the following: (1) It is a convertible belt and sling with secret
pocket and (2) It can be used by students as a ID sling or a belt in school. This
BLING will provide convenience to the buyers, but its unique appearance will
also draw their attention. Aside from being hassle-free, it is very practical and
useful for the students to compromise their needs.
Every company wants to elongate their status and position in the market.
This timetable seems to be impossible because of the capricious and changeable
shift of the market trends. It is the primary reason why a business anticipates and
prepares contingency plans. It is where future product research and development
barges in. A significant role in the distinction of the business is the planning of
future product research and development.
It has been the Accessories Corner’s mission to innovate their product to
become affordable yet good quality which would address the people’s needs of
fashion and style. In line with this, the enterprise plans to conduct research which
will help in the new formulation of innovated products that will assimilate the
enterprise’s vision and mission.
Lastly, the Accessories Corner will expand their operations by engaging to
an agreement with wholesalers, retailers, shopping malls, and other
establishments through consignment. It will help them extend out their identified
primary and secondary target market to increase the possibility of the
enterprise’s profitability.
Process Flow Chart
The production flow chart is a process or a system flow in making the
product. It is typically involved the gathering of raw materials, and assembling the
parts into a finished product, each step or process takes time and effort in
making the product.
Figure 12 shows the company’s Process Flow Chart.
Description Time Remarks

1. Gather all 5 mins
the
materials
2. Measure 5 mins
and cut the
lanyard
3. Attach the 40 mins

zipper,
buckle, lock
and ring
4. Assemble 10 mins
the lanyard
5. Final 5 mins
product
Legend:
Operation Delay Storage
Figure 12
Process Flow Chart
Steps in Making the Product
1. (Figure 13) Preparation of the materials.

Figure 13
2. (Figure 14, 15, and 16) Measure and cut two (2) lanyards.
Figure 14
Figure 15
Figure 16
3. (Figure 17) Attach the zipper.

Figure 17
4. (Figure 18) Attach the two (2) lanyards
Figure 18
5. (Figure 19) Attach the buckle

Figure 19
6. (Figure 20) Make holes for the hook
Figure 20
7. (Figure 21) Finished product

Figure 21
Final Product
Packaging
Packaging is an indispensable factor in making the product. It is a way of
safekeeping the product throughout its storage, distribution, and sale. It is a
factor an enterprise must consider if they want to enhance the marketability of
their product.
The Accessories Corner (AC) has chosen to use a small paper bag as
their product’s packaging. As stated in phase two of the flow chart, a customized
packaging label will be surrounding the product while it is placed in a plastic
which will keep it together. It was chosen by the proponents because of its ability
to protect the product from dust. At the same time, it cost less which helps the
enterprise maximize their resources.

Figure 22
Packaging
Furniture and Fixtures
Accessories Corner has acquired furniture and fixtures. It has an office
table, chair, cell phone and telephone unit, and a product stand. An office table
for the employees to feel comfortable while entertaining the customers. A ceiling
fan and chairs for the customers not to get irritable inside the display area. A cell
phone and telephone unit provided to have a tool for communication between the
respondents and customers; it is used in answering those queries of the possible
customers who are interested in our product. A computer used for keeping in
touch for the customers who want to visit our Facebook page, and for encoding
purposes. And a product rack which is used for displaying the product.
Operational Rules and Regulations

Rules and Regulations will elevate coherence and consequent business.
Policies and regulations must be recognized first before starting the business
operations. It is to guarantee and help the management to take control of the
enterprise efficiently and effectively.
These are the policies and regulations set for the proposed business
undertakings:
 The Accessories Corner (AC) expects each employee to maintain
proper propriety. Employees are expected to conduct themselves
on the job in a manner that contributes to productivity and
harmonies work and environment.
 Corporate Social Responsibility Company Policy
The proponents of Corporate Social Responsibilities (CSR)
company policy refer to the proponent’s responsibility toward the
environment. The proponent’s company existence is not lonely. It’s
part of a bigger system of people, values, other organizations, and
nature. The social responsibility of a business is to give back to the
world.
 What is a corporate social responsibility?
The proponents of Corporate Social Responsibility
are a corporation’s initiative to assess and take responsibility

for the company’s effects on environmental and social well-
being.
 Scope
This policy applies to the extent of the area or subject
matter that something deals with or to which it is relevant. Is it the opportunity or
possibility to do or deal with something.
 Policy elements
The proponents want to be a responsible business
that meets the highest standards of ethics and professionalism.
The proponent’s company social responsibility falls
under two categories: compliance and pro-activeness. Compliance refers to our
company’s commitment to legality and willingness to observe community values.
Pro-activeness is every initiative to promote human rights, help communities and
protect our natural environment.
Compliance:
Legality
Accessories Corner (AC) will:
 Respect the law
 Honor its internal policies
 Ensure that all its business operations are legitimate
 Keep every partnership and collaboration open and
transparent
Business ethics
The enterprise will always conduct business with integrity
and respect for human rights. The enterprise will promote:
 Safety and fair dealing
 Respect toward the consumer
 Anti-bribery and anti-corruption practices
 Examples of Corporate Social Responsibility
 Protecting the environment
The enterprise recognizes the need to protect the
natural environment. Keeping our environment clean and
unpolluted is a benefit to all. We’ll always follow best
practices when disposing of garbage and using chemical
substances. Stewardship will also play an important role.
 Protecting people
The enterprise ensures that we:
o Don’t risk the health and safety of our
employees and the community.
o Avoid harming the lives of local and
indigenous people.
o Support diversity and inclusion.
 Human rights
The enterprise is devoted to protecting human
rights. The enterprise is a committed equal

opportunity employer and will abide by all fair labor
practices. The proponents ensure that the activities
do not directly or indirectly violate human rights.
 Pro-activeness
Donates and aid.
The enterprise may preserve a budget to make
monetary donations. These donations will aim to:
o Advance the arts, education and
community events.
o Alleviate those in need.
 Volunteering
The enterprise will encourage its employees to
volunteer. The proponents can volunteer through
programs organized internally or externally. The
enterprise may sponsor volunteering events from
other organizations.
 Preserving the environment
Apart from legal obligations, the enterprise will
proactively protect the environment. Examples of
relevant activities include:
o Recycling
o Conserving energy
o Organizing reforestation excursions
o Using environmentally-friendly
technologies
 Learning
The enterprise will be open to suggestions and
listen carefully to ideas. The enterprise will
continuously improve the way it operates.
The enterprise will readily act to promote our
identity as a socially aware and responsible business. Management must
communicate this policy on all levels. Managers are also responsible for
resolving CSR issues.
 Employee Attendance Policy
This Employee Attendance Policy template can
help you manage absenteeism and gives you an insight
on how to set up or improve your company attendance
policy for employees. It is also known as an Attendance
Management Policy, Absenteeism Policy, or Tardiness
Policy. The company’s employee attendance policy
refers to the firm’s expectations regarding their working
schedules. The proponents think diligent conformity to
our work schedules is significant for everyone.
This company attendance policy applies to all non-
exempt employees regardless of position or type of

employment. All employees have job duties that usually
require collaboration with colleagues.
Storage Area/Process
The Storage area is the place where the finished products are being put or
displayed. The purpose of the storage area is to store the product to assure its
safety. Accessories Corner storage area is the likewise as the same area. Its
location is in #18 New Era Street Mabolo Cebu City.
Waste Management
Waste management or also known as “waste disposal” is the entire
activities and action needed to regulate waste from its outset to its last-minute
disposal. Disposing of waste in a clean and orderly aspect in the environment is
extremely important for every firm for it comprises other stuff, gathering, isolate,
and disposal of waste together with oversee and regulation. The proponents will
apply the essential method according to the components they will be utilized in
the production of the product.
Utilities
It is the liabilities set by the company to pay during the consumption held
in a month or a year. Through paying, these expenses will continue the operation
with the proper equipment having the amount of energy being paid.
 Electricity
It is an energy source to function all the lights and machines
used for making the products. The Accessories Corner uses electricity
for the ceiling fans and computer. The business pays ₱450.00 a
month for the electricity bill.
 Water
The Accessories Corner is using a small amount of water in
office consumption. 40% of the total utility expense will be charge to
administrative expense, and 60% of it will be charge to operations.
Every month the business pays ₱200.00 for the bill.
 Communication
The Accessories Corner uses a telephone with the internet
connection and mobile phones to communicate in our business. It is
used to modernize and easy to contact the clients. Most of the clients
are also using it for them to facilitate their orders. Every month the
business pays ₱899.00 for the bill.

SECTION IV
LEGAL AND TAXATION ASPECTS
In starting a new business, licenses and permits are mandatory. Before
you can legally begin to operate your business, you need to have all its licenses,
permits on place. Business licenses, permits, and tax registrations are issued
and dispensed by all levels of government. These are necessitated in order to
distinguished the business and monitor the accountable actions. It also protects
the public health and safety and keeps the track of the finance for tax purposes.
The business owners must acquire permit and licenses and other documents
required by the government before a business starts its business activity.
Additionally, if your business has employees or sells taxable goods and services,
you need to register with the taxing authorities. For this reason, it is important for
the proponents to acquire these legal documents to make the business legal
which will give them the right to transact and operate as a business entity.
The Accessories Corner’s inquired the documents and application forms
required by the government for starting the venture. After paying the fees, they
eventually attained the permits, licenses and other documents. The accounts
below narrate how the Accessories Corner developed the documents required.
Legal Aspects
For the business to legitimately operate, it must have the permits needed.
The government requires permits for the company to be legalized. Before they
operate, the proponents should submit legal processes such as registration,
licensing, security and other associated permits. Failure to comply with these
procedures would tantamount to illegal existence of the firm.
A. Registration of the Business Permit
It is a must for the business to have its name registered with the
department of trade and industry. The purpose of it is to have a business
name that differs from its competitors and helps to establish identity in the
market.
Requirements for New Application:
 One (1) preferred business and three (3) alternative business names.
 Photocopy of proof of citizenship of any of the following:
a) Birth Certificate, PRC IID, Passport for Natural-born Filipinos whose
names are suggestive and alien nationality. Present original copy for
comparison.
b) Naturalized Certificate and Oath of Allegiance or ID card issued by the
BID for naturalized Filipinos. Present original text or comparison.
c) Affidavit of Election or ID card issued by the BID if the citizenship is
acquired by Election. Present original copy for comparison.
o Sketch of business plan
o Birth Certificate
o Marriage Certificate if married

o One set of Documentary Stamps
o Two (2) pieces of “2x2” latest picture of the applicants
o Payment of registration fee of ₱300..00
o If the family name is foreign sounding, photocopy of either of
the following:
 Voter’s ID, Birth Certificate, Certificate of
Naturalization with Oath of Allegiance.
Upon the completion of the requirements mentioned above, the DTI will
then issue a Certificate of Business Name Registration. It shall be posted on the
premises of the business where the public can easily see it. The said permit is
renewable every five (5) years. It could be renewed at exactly the same date of
the first issuance or within a month thereafter.
B. Sourcing of Business Permits and Licenses
The business has to comply with the following permits and licenses
from various government offices for it to be legal.
Business Permit
Government Office: City Mayor’s Office
Address:
Functional Purpose: Registration of the business name
Steps:
1. Ask for an application form and fill out completely. Attach the necessary
documents. (Refer to the list of requirements listed at the back of the
application form)
2. Submit the application form and the supporting documents for the
evaluation and get the service number and schedule.
3. On the schedule date, return to the Office of the Mayor and proceed to the
verification counter.
4. Pay the necessary fees at the cashier station.
5. Present the official receipt to the releasing center. Wait for the certificate
to release by the verifier.
Barangay Clearance
Government Office: Barangay Hall
Address:
Functional Purpose: Processing of the business permit located within the
barangay.
Steps:
1. Go to your Barangay Hall inform the officer that you are applying for a
Barangay Clearance.
2. State the reason why do you need a Barangay Clearance (ID requirement,
employment, postal ID, etc.)
3. Pay the application and processing fee.
4. Wait for your barangay clearance to be released.

Mayor’s Permit
Government Office: City Mayor’s Office
Address: Ground Floor, Legislative Building, Cebu City Hall
Functional Purpose: Processing of business permit and other legal documents
which are necessary for the establishment to operate.
Steps:
1. Business application must be asked from the treasurer’s office.
2. No erasures or alteration allowed while filling an application form.
3. Your application for the business permit will be notarized in the notary
public.
4. Go back to the business permit. It must be secured.
o PAG-IBIG
o Employee Registration
o Fire Clearance
o Official Receipt
o BIR Registration Certification Form
o Office of the Building Official Inspection Report (building report)
o Joining Clearance
o Sanitary Permit
o SEC Registration for Sole Proprietorship
o Sketch/Location/Vicinity Map
o Barangay Clearance
 The following must be required for the clearance
1. Secure basic application form with the list of requirements from the
Customer Relation Office (CRO)
2. Only accomplished application form with the complete requirements to
the CRO.
3. Wait for the release of the order of payment.
 Secure the following conditions building paermit.
o Tax Declare of Lot
o Decision of Clearance
o Joining Clearance
o Fire Clearance
o Barangay Clearance
o PTC & PRC engineers who signed the plan
o Bills of Materials
o Certified true copy of Town and Country test
o Population Clearance
o Construction Plan
o Sketch Plan of Lot
o Tax Receipt of Lot
 Secure an application form. Fill out the necessary details for a joining
permit.
 Submit all the necessary requirements within 40 days.

 Go back to the Administration Division for the approval of your Mayor’s
permit after providing all the requisites.
Sanitary Permit
Government Office: City Health
Address: General Maxilom Extension, Cebu City
Functional Purpose: Ensures the cleanliness of the business that operates within
the city.
Steps:
1. Barangay Clearance must be secured by asking for an inspection request
from the Barangay Hall.
2. The product must be ready at all times.
3. Inspection report will be given after the actual examination.
4. If it passed, claim the sanitary permit in the Sanitary Health Office.
DTI Registration
Government Office: Department of Trade and Industry – Cebu
Address: 3rd Floor LDM BUILDING M.J. Cuenco Avenue corner Legazpi Street,
Cebu
City, 6000 Cebu
Function/Purpose: For the facility of the creation of a business environment
wherein the participants could complete, flourish, and succeed and at the same
time, ensure consumer welfare.

Steps:
1. Obtain application forms (duplicate copy) and fill these up completely.
Only the owner of the business or his/her Attorney-in-Fact (who is
authorized in a proper legal instrument) is authorized to sign all the forms.
2. Meet the following requirements (For Sole Proprietorship)
 Must be a Filipino Citizen, at least 18 years old. Filipinos with
names suggestive of alien nationality must submit any of the
following proof of citizenship. Birth Certificate, PRC ID, voter’s ID,
or valid passport. If the applicant has acquired Filipino citizenship
by naturalization, election, or by other names provided by law, he
must submit any of the following proof of his Filipino Citizenship:
naturalization certificate and oath of allegiance, card issued by the
bureau of immigration and deportation and affidavit of election, or
ID card issued by the Bureau of Immigration and Deportation.
 Certain types of Business may have other requirements such as
service and repair shops, real estate brokers, dental or medical
clinic or hospitals, pawnshops, manpower services, engineering or
architectural services and other services provided by professionals.
3. Submit application form to the DTI processor. The DTI Processor will
check if the business name is still available, if yes, you’ll be asked to pay
the application fee.
4. Pay the required registration and processing fee.
New BN registration fees in effect

The Department of Trade and Industry is now implementing the following
registration fees for business name registration (original and renewal)depending
on the territorial jurisdiction covered the application.
o Barangay: ₱200.00
o City/Municipality: ₱500.00
o Regional: ₱1,000.00
o National: ₱2,000.00
5. After showing the receipt to the processor, the business name certificate
will be released.
6. Your Business Name certificate is valid for 5 years from date of
registration.
SSS Membership Registration
Government Office: Social Security System
Address: SSS Building, Osmeña Boulevard, Cebu City
Functional Purpose: Providing funds to the employees for security.
Steps:
1. Go to the information booth of SSS.
2. Photocopy your Birth Certificate if needed.
3. The following requirements must be compiled:
o FORM R-3 (Contribution Collection List)
o FORM E-1 (Personal Record)
o FORM R-1 A (Employment Record)

o FORM R-1 (Employment Registration)
Requirements:
 Sickness Notification
 Quarterly Contribution
 Monthly Contribution
 Employees Data Record
 Report of Employee – member
BIR Registration
Government Office: Bureau of Internal Revenue
Address: Third Floor KRC Building, Highway,Mandaue City
Functional Purpose: Imposition and collection of all internal revenue, taxes, fees
and charges.
Steps:
1. Prepare/accomplish in 3 copies the following BIR forms needed for your
business.
2. Go to the Revenue District Office (RDO) that has jurisdiction over your
registered address.
3. Go to the officer of the day. He will assess how much to pay for the
registration. Normally, the registration fee is ₱500.00 while the
Documentary Stamp Tax on Subscription depends on how much your
capital is, while the Documentary Stamp Tax on Lease depends on your
monthly rental. Please submit these forms and documents to the officer of
the day.
4. After the assessment, go to the accredited banks for payment. Usually
accredited banks are within the vicinity of the RDO or you can ask anyone
from the BIR in that RDO to be sure. Submit these assessed forms to the
teller of the bank.
5. After making the payment, go back to your RDO. Get a queue number
from the guard. Go to the registration section for the receiving of your
application. Wait for your turn to be called and submit a photocopy of BIR
form payments, special BIR payment form (all Accredited Banks of RDO
have a special payment forms for BIR only) and other documentary
requirements.
6. Purchase Books of Accounts. Normally for VAT (Value Added Tax) there
are six (6) Books of Accounts while there are four (4) Books of Accounts
for NON-VAT.
7. Register the Books of Accounts.
8. Apply for Authority to Print (ATP)
9. Lastly, printing of your receipts (Official Receipts and/or Invoices). This
normally takes one to two weeks to be printed.
Health Benefits
Government Office: Philippine Health Insurance
Address: Gorordo Avenue, Cebu City, 6000

Functional Purpose: Providing health beneficiaries to the employees
Steps:
1. All new employees are required the employer to fill out all necessary
information in the Philippine Health form, it will be supported with the NSO
or original birth certificate.
2. The employer will submit the fill out form from the new employees to the
Philippine Health with covering letter.
3. The Philippine Health will give upon receipt after finish paying with issues
separate identification number through a bank duty designated by the
letter.
4. The employer required to remit the monthly premium to fill out the
specified Philippine Health form through the book recommend by the
letter.
5. In case the member is confined to the hospital, the said member or his
dependents, a Philippine Health form will be filled up with the required
information and to be submitted to the hospital when release.
Housing and Loan Benefit
Government Office: PAG-IBIG
Address:
Functional Purpose: Financing affordable shelter

Steps:
1. Attend a housing loan counselling session at the PAG-IBIG Fund
office nearest you. Applicants are asked to complete the
requirements namely: Preliminary Loan, Counselling Questionnaire,
Housing Loan Application Form and Membership Status
Verification Slip (MSVS). Based on these documents, PAG-IBIG
officers will determine if the applicant is eligible for a housing loan.
Qualified applicants are then given a checklist of the requirements
that they must comply with before they move on to step 2 in the list.
2. Submit to PAG-IBIG your filled-out loan application form together
form together with all the requirements in the checklist and pay the
processing fee of ₱1000.00. The amount us non-refundable; even
in the case that the loan application gets disapproved.
3. Wait for the notice of approval or letter of guaranty from PAG-IBIG
on your housing loan application. After your loan is approved, you
will need to sign loan documents at the PAG-IBIG Office.
4. Proceed to the Bureau of Internal Revenue (BIR) and present the
deed of absolute between you and the owner of the property.
5. After getting the CAR from the Bureau of Internal Revenue (BIR),
proceed to the notary public and have your Loan Mortgage
Agreement (LMA) notarized.

6. The next agency to visit is the Registry of Deeds where applicants
will need to pay transfer tax and registration fees for the transfer of
the title and annotation of mortgage.
7. If you’ve taken out a loan to purchase a new residential unit or a lot,
you will need to secure an occupancy permit from the engineering
office of the city or town where the property is situated.
8. Next step is the Assessor’s Office where you will to secure tax
declaration of your property, which may be a house and lot only.
This is to be used as the basis for your real estate transaction.
9. After visiting other government agencies, you will need to go back
to the PAG-IBIG office for the submission of the following:
a. Original Transfer Certificate of Title in your name that has the
mortgage annotated on it.
b. DOST with original RD stamp
c. New tax declaration with the name of the applicant
d. Occupancy permit.
e. Assignment of loan proceeds to the structure developer.
10. The second to the last step is to receive the loan proceeds that you will
use to pay the seller of the property.
PAG-IBIG Financing requirements are:
a. Notarized Housing Loan Application ( 3 copies)
b. Approved Membership Status Verification Slip (MSVS)
(Need to attend loan counseling )

c. 3 pcs. 1x1 ID picture
d. Financial Statement
a.) Latter balance sheet
b.) Latest income statement
c.) Financial report/Auditor’s report
e. SEC Registration
f. Articles of Incorporation
g. DTI permit
h. Business Permit/Mayor’s Permit
i. Proof of Billing Address
j. 24 Open Post-dated Checks
k. Marriage Contract (if applicable)
l. Special Power of Attorney (if applicable)
Employees Assistance Program
Government Office: Department of Labor and Employment
Address: Insular Life Building, General Maxilom Avenue, Cebu City
Function Purpose: Developing human resources to protect workers, maintain
peace, promote welfare and enduring employment opportunities.
Steps:
1. Registration must be submitted to the regional labor office or authorized

representative and shall be made of DOLE-BWC-1P3 in these copies.
2. Registration can be valid and free of charged for lifetime except when
some conditions exists in this case pre-registration is required as if it is
new establishment.
a.) Re-operating after previous closing
b.) Change in ownership
c.) Change in location
d.) Change in the business
3. While of blueprint showing all the physical features of the workplace
including storage exists, machinery, clinic, emergency, devices and
location.
4. The registration form may be also used for other information.
Taxation Aspect
A tax is a mandatory financial charge or some other type of levy imposed
upon a taxpayer that enforced by the government. Taxes consist of direct and
indirect taxes and may be paid in money or as labor equivalent. Direct tax is paid
directly by an individual or organization to an imposing entity. While indirect tax
applied on the manufacture or sale of goods and services. Tax helps the
governments to support common resources. It is the ability of the governments to
provide basic safety and community systems with tax revenues.
Income Tax
The company is registered under the Barangay Micro Business Enterprise
Therefore, income tax will be charged from the income of the owner and not from
the business itself.
Percentage Tax
Percentage tax is a business tax imposed on persons or entities that sell
or lease goods, properties or services in the course of trade or business whose
gross annual sales or receipts do not exceed Php 1,919,500.00. Percentage
taxes only apply on non-VAT registered individuals or entities.
Table 23
Percentage Tax
2019 2020 2021 2022 2023
Gross income 401, 128.00 815, 292.66 960, 142.49 1, 109, 934.75 1, 282, 025.56
% of gross income 3% 3% 3% 3% 3%
Total 12, 033.84 24, 458.78 28, 804.27 33, 298.04 38, 460.77
Value Added Tax (VAT)
Value- Added Tax is a type of tax that is placed on a product whenever
value is added at a stage of production and at final sale. It is directly imposed to
the consumers by raising 12% tax on every item. A business owner must be VAT
registered if their sales will exceed at the amount of Php 1,919,500.00.
SECTION V
FINANCIAL ASPECTS
Planning for having a clear vision for the future of the business is
substantial including business financial. Every business is liable to fulfill all the
requirements for starting a business. Financial help the business gain a clear
understanding of a company’s correct financial position, particularly whether the
business gain profit or loss. It determines and evaluates the project’s capital
requirements, possible sources of financing including terms and conditions,
commencement capital, earnings and expenses, assets, debts and cash flow. It
also involves the capability of the proposed business to raise the appropriate
funds needed to implement financial
Financing Aspect
Financing aspect includes possible resources that could be utilized to
make the business successful. Also, it helps the owner in decision making to the
practical and cheapest way of financing. It must avoid and prevent inappropriate
handling of the money, and help the business become more efficient and
effective.
Sources of Financing
Financing is needed to start a business. Without funds the business will
not be able to provide the company’s financial sources. There are several
sources to consider when looking for start-up financing. If the owner does not
have enough financial funds, the firm can borrow money from an institutional
lenders or finance companies.
Initial Capital and Its Purpose
The firm must have an initial investment to the fact that it shoulders every
essential expense as well as to subsidies the finances of the business. The initial
investment of the company is ₱ 86, 000.00

ESTIMATED PROJECT COST
Pre- Operating Cost Note Amount Total

Business Plan Cost Note 1 ₱ 2, 652.00
Permits and Licenses Note 2 4, 593.00
Advertising Expenses Note 3 416.00 ₱ 7, 661.00
Property and Equipment

Furniture and Fixtures Note 4 3, 971.99
Office Equipment Note 5 2, 294.00 6, 265.99
Working Capital
Direct Materials Note 6 7, 930.00
Indirect Materials Note 7 780.00
Direct Labor Note 8 13,000.00
Cleaning Tools & Supplies Note 9 275.00
Office Supplies Note 10 2, 589.00
Salaries & Wages Note 11 9, 776.00
Utilities Note 12 1, 699.00
Rent Note 13 16,000.00
Transportation Note 14 50.00
Packaging Note 15 7, 800.00
Retainer’s Expense Note 16 3,000.00
Employees Benefits Note 17 984.20 63,883.20
TOTAL 77,810.19
Contingency Cost (10%) 7,781.02
Total Estimated Projected Cost 85,591.21
TOTAL ESTIMATED PROJECTED COST ₱ 86, 000.00
(Round Off)
Note 1
Business Plan Cost
Particulars Quantity UOM Unit Cost Amount

Bookbinding 1 Pc ₱ 250.00 ₱ 250.00
Bondpaper 2 ream 326.00 652.00
Transportation 1 50.00 50.00
Consultation Fee 1 1, 500.00 1, 500.00
Grammar and Plagiarism Test 1 200.00 200.00
Total ₱ 2, 652.00
Note 2
Permits and Licenses

Particulars Amount
Mayor’s Business Permit ₱ 3,000.00
Barangay Clearance 100.00
Sanitary Permit 150.00
Fire Clearance 293.00
BIR registration 500.00
DTI 500.00
Documentary Stamp Tax 50.00
Total ₱ 4, 593.00
Formula: Total = MF + PF + BC + GF + OBF + ZF
Where:
Manufacturing Fee = MF Permit Fee = PF Barangay Clearance = BC
Garbage Fee = GF Office Building Fee = OBF Zone Fee = ZF
Formula: Total = SP + SW
Where:
Sanitary Permit = SP Solid Waste = SW
Formula: Total = FC + BIRR + DTIR
Where:
Fire Clearance = FC BIR Registration = BIRR DTI Registration = DTIR
Note 3
Advertising Expense
Particulars Quantity Unit Cost Amount

Tarpaulin (size) 1( 3X2 ft. ) ₱ 66.00 ₱ 66.00
Leaflet 50 pieces 3.00 150.00
Business Cards 50 pieces 4.00 200.00
Total ₱ 416.00
Note 4
Furniture and Fixture

Filing Cabinet 1 Pc ₱ 849.99 ₱ 849.99
Couch 1 Pc 439.00 439.00
Office Table 1 Pc 1, 683.00 1,683.00
Display Rack 1 Pc 1,000.00 1, 000.00
Total ₱ 3, 971.99
Note 5
Office Equipment

Ceiling Fan 2 Pcs ₱ 500.00 ₱ 1,000.00
Smoke Detector 1 Pc 445.00 445.00
Fire Extinguisher 3 Pcs 283.00 849.00
Total ₱ 2,294.00
Note 6
Direct Materials
Zipper 1 pc ₱ 12.00 ₱ 12.00
Lanyard 3 m 5.00 15.00
Buckle 1 pc 2.50 2.50
Key Ring 1 pc 1.00 1.00
Total Cost per unit 30.50

Number of production per month 260
Total Monthly Cost ₱ 7,930.00
Note 7
Indirect Materials
Particular Quantity UOM Unit Cost Amount

Thread 1 Pc ₱ 3.00 ₱ 3.00
Total 3.00
No of Production Per month 260
Total Monthly Cost ₱ 780.00
Note 8
Direct Labor
Particulars Rate per Piece No of Production Amount

Subcontractor ₱ 50.00 260 ₱ 13, 000.00
Total ₱ 13, 000.00
Note 9
Cleaning Supplies

Broom 1 Pc ₱ 35.00 ₱ 35.00
Dust Pan 1 Pc 20.00 20.00
Trash Bin 1 Pc 20.00 20.00
Rags 10 Pcs 1.00 10.00
Feather Duster 1 Pc 20.00 20.00
Mop 1 Pc 50.00 50.00
Toilet Brush 1 Pc 20.00 20.00
Pail 1 Pc 30.00 30.00
Detergent Soap 3 Pcs 10.00 30.00
Doormat 2 Pcs 20.00 40.00
Total ₱ 275.00
Note 10
Office Supplies

Journal Notebook 2 pcs ₱ 20.00 ₱ 40.00
Columnar notebook 2 pcs 35.00 70.00
Bond paper (Short) 1 ream 150.00 150.00
Ball pen 6 pcs 5.00 30.00
Pencil 2 pcs 7.00 14.00
Sharpener 2 pcs 3.00 6.00
Receipts 1 pad 1,000.00 1, 000.00
Carbon paper 10 pcs 2.00 20.00
Folder 10 pcs 60.00 60.00
Log Book 2 pcs 50.00 100.00
Stapler 1 pc 45.00 45.00
Staple Wires 1 box 15.00 15.00
Fastener 10 pcs 1.00 10.00
Paper Clip 2 box 15.00 30.00
Calculator 1 pc 300.00 300.00
Cash Drawer 1 pc 699.00 699.00
Total ₱ 2, 589.00
Note 11
Salaries and Wages
No. of
No. of rate per Monthly
Particulars Working
Employee day Rate
days
Secretary/Cashier/Sales 1 26.00 ₱ 376.00 ₱ 9, 776.00
Total ₱ 9, 776.00
Note 12
Utilities Expense
Particulars Monthly Rate

Electricity ₱ 500.00
Water 200.00
Telecommunication 999.00
Total ₱ 1, 699.00
Note 13
Rent Expense
Particulars Total
1 Month Advance ₱ 4,000.00
Security Deposit (2 months) 8,000.00
1 Month Rent 4,000.00
Total ₱ 16,000.00
Note 14
Transportation Expense
Particulars Amount
Fare ₱ 50.00
Total ₱ 50.00
Note: Refer to Chapter II, Section II for the mode of transportation.
Note 15
Packaging Expense
Particular Quantity UOM Unit Cost Amount

Paper Bag 1 Pc ₱ 10.00 ₱ 10.00
Small Box 1 Pc 20.00
Total 30.00
No of Production per month 260
Total ₱ 7,800.00
Note 16
Retainer’s Fee
Particulars No. of Months Amount

Bookkeeper 1 ₱ 3,000.00
Total ₱ 3,000.00
Note 17
Employee Benefits
Particular Total
SSS ₱ 746.70
Phil health 137.50
Pag-ibig 100.00
Total ₱ 984.20
General Assumption
Differences change assumptions. We cannot control the challenges that will
happen in a venture. Customers have their own choices which are what we call
“words of mouth.” They can share with others the negative & positive sides of the
business venture. In a business venture, entrepreneurs must always forthcome
the future to find avenues to increase the capital base to realize the objective.
Assumptions are essential to determine the cause and effect, before, during,
and after running a business venture. Accessories Corner (AC) formulates some
vital assumptions of their financial statement:
1. The business venture will commence in service on June 2019.
2. The proposed business venture has an inceptive investment of ₱ 86,
000.00
3. In every sales and Purchase are on a cash basis.

4. The business venture will be accessible every Monday to Saturday; on the
other hand, there will be adjustments if there are special and legal
holidays.
5. The company, Accessories Corner (AC), looking forward to bring forth 100
units monthly and it is said to increase by 10% every year which to begin
on the second year.
6. The Accessories Corner (AC) will not hire additional employees for five (5)
years.
7. Salaries and Wages and direct labor cost will increase by 3%.
8. Cost of direct and indirect materials will increase by 2%.
9. Packaging cost will increase by 2% per year.
10. Advertising cost will set to increase by 2% per year.
11. Utilities will also increase by2% annually.
12. Cost of office and cleaning supplies will be expected to increase by 2%
per year.
13. Rent expense is constant for five (5) years.
14. Permits and licenses shall remain constant and shall be renewed every
year except for DTI which is renewable every five (5) years.
15. Fixed assets will have a useful life of five (5) years.
16. Transportation expense will increase by 5% annually.
17. Retainer’s fee of the bookkeeper shall be constant for five(5) years.
18. Selling price will have an increase of 5% per annum.

19. Repairs and maintenance will assume out 5% of the total fixed assets cost
starting on the 3rd year.

Accessories Corner
STATEMENT OF FINANCIAL PERFORMANCE
For the years ended December 31, 2019 to December 31, 2023
Schedule 2019 2020 2021 2022 2023
Sales 1 401, 128.00 815, 292.66 960, 142.49 1, 109, 934.75 1, 282, 025.56
Less: Cost of Goods Sold 2 178, 951.50 354, 778.20 407, 607.89 459, 906.06 518, 514.10
Gross Profit 222, 176.50 460, 514.46 552, 534.60 650, 028.68 763, 511.47
Less: Operating Expenses
Selling Expense 5 81, 440.07 143, 135.36 145, 302.07 149, 355.55 153, 973.36
Administrative Expense 6 81, 657.87 136, 206.94 141, 487.17 146, 620.48 152, 441.48
Operating Profit 59, 078.56 181, 172.16 125, 641.27 354, 052.66 457, 096.63
Less: Income Tax 26 - - - - 31, 064.49
Add: Interest Income 28 10.00 50.00 100.00 150.00 200.00
Net Income 59, 088.56 181, 222.16 265, 845.36 354, 202.66 426, 232.14
Accessories Corner
STATEMENT OF CASH FLOW
For the years ended December 31, 2019 to December 31, 2023
Schedule 2019 2020 2021 2022 2023
Cash Flows from Operating Activities:
Net Income (Loss) after tax payments 59, 088.56 181, 222.16 265, 845.36 354, 202.66 426, 232.14
Add: Depreciation Expense 18 731.03 1, 253.20 1, 253.20 1, 253.20 1, 253.20
Increase in Prepaid Rent (4, 000.00)
Increase in Inventory (9, 418.50) (9, 254.04) (2, 780.51) (2, 752.54) (3, 084.63)
Accrued Salaries and Wages 23 9, 776.00 293.28 302.08 311.14 320.47
Accrued Employee Benefit 24 984.20 - (147.40) - 36.90
Accrued Utilities 25 1,699.00 33.98 34.66 35.35 36.06
Accrued Rent 26 4, 000.00 -
Accrued Percentage Tax 27 1, 002.82 1, 035.41 362.12 374.48 430.23
Income Tax Payable - - - - 7, 766.12
Net Cash Provided by (used in) Operating Activities 63, 863.11 174, 583.99 264, 869.51 353, 424.29 432, 990.49
Cash Flows from Investing Activities:
Office Equipment 16 (2, 294.00)
Furniture and Fixture 16 (3, 971.99)
Security rental deposit Note 13 (8, 000.00)
Net Cash Provided by (used in) Investing Activities (14, 265.99)
Cash Flows from Financing Activities:
Owner’s Capital 86, 000.00
Withdrawal 28 (11, 817.71) (36, 244.43) (53, 169.07) (70, 840.53) (85, 246.43)
Net Cash Provided by(used in) Financing Activities 74, 182.29 (36, 244.43) (53, 169.07) (70, 840.53) (85, 246.43)
Net Increase (Decrease) in Cash 123, 779.41 138, 339.56 211, 700.44 282, 583.76 347, 744.06
Add: Cash Balance, Beg. - 123, 779.41 262, 118.97 473, 819.41 756, 403.17
Cash Balance, End 123, 779.41 262, 118.97 473, 819.41 756, 403.17 1, 104, 147.23
Accessories Corner
STATEMENT OF FINANCIAL POSITION
As of December 31, 2019 to December 31, 2023
Schedule 2019 2020 2021 2022 2023
Current Assets
Cash SCF 123, 79.41 262, 118.97 473, 819.41 756, 403.17 1, 104, 147.23
Prepaid Rent 4, 000.00 4, 000.00 4, 000.00 4, 000.00 4, 000.00
Merchandise Inventory, end 2 9, 418.50 18, 672.54 21, 453.05 24, 205.58 27, 290.22
Total Current Assets 137, 197.91 284, 791.51 499, 272.46 784, 608.75 1, 135, 437.44
Non-current Assets
Security Rental Deposit Note 13 8, 000.00 8, 000.00 8, 000.00 8, 000.00 8, 000.00
Office Equipment 16 2, 026.37 1, 567.57 1, 108.77 649.97 191.17
Furniture and Fixtures 16 3, 508.59 2, 714.19 1, 919.18 1, 125.40 331.00
Total Non-current Assets 13, 534.96 12, 281.76 11, 028.56 9, 775.36 8, 552.17
Total Assets 150, 732.87 297, 073.27 510, 301.02 794, 384.12 1, 143, 959.61
Current Liabilities
Accrued Salaries and Wages 23 9, 776.00 10, 069.28 10, 371.36 10, 682.50 11, 002.97
Accrued Employee Benefits 24 984.20 984.20 836.80 836.80 873.70
Accrued Utilities 25 1, 699.00 1, 732.98 1, 767.64 1, 802.99 1, 839.05
Accrued Rent 26 4, 000.00 4, 000.00 4, 000.00 4, 000.00 4, 000.00
Accrued Percentage Tax 27 1, 002.82 2, 038.23 2, 400.35 2, 774.84 3, 205.06
Accrued Income Tax 29 - - - - 7, 766.12
Total Liabilities 17, 462.02 18, 824.69 19, 376.15 20, 097.13 28, 686.91
Owner’s Equity:
Owner’s Equity, Beginning 86, 000.00 133, 270.85 278, 248.58 490, 924.86 774, 286.99
Net Income 59, 088.56 181, 222.16 265, 845.36 354, 202.66 426, 232.14
Withdrawal 28 (11, 817.71) (36, 244.43) (53, 169.07) (70, 840.53) (85, 246.43)
Owner’s Equity, End 133, 270.85 278, 248.58 490, 924.86 774, 286.99 1, 115, 272.70
Total Liabilities and Owner’s Equity 150, 732.87 297, 073.27 510, 301.02 794, 384.12 1, 143, 959.61
Schedule 1
SALES
Schedule 2019 2020 2021 2022 2023
Unit Sold 1A 1, 729 3, 347 3, 754 4, 133 4, 546
Selling Price 232.00 243.60 255.78 268.57 282.00
Total 401, 128.00 815, 292.66 960, 142.49 1, 109, 934.75 1, 282, 025.56
Assumption: Selling price to increase by 5% annually.
Schedule 1A
UNITS SOLD
Schedule 2019 2020 2021 2022 2023
Beg. Inventory - 91 176 198 218
No. of units produced annually 1, 820 3, 432 3, 775 4, 153 4, 568
Total units available for sale 1, 820 3, 523 3, 951 4, 350 4, 786
Less: Ending Inventory 91 176 198 218 239
Units Sold 1, 729 3, 347 3, 754 4, 133 4, 546
Assumptions: (1) Ending inventory will be assumed at 5% of the total units available
for sale.
(2) Production capacity will increased by 10% annually.

Schedule 1B
VARIABLE COST AND FIXED COST
Schedule 2019 2020 2021 2022 2023
Variable Cost
Direct Materials 3 37, 310.00 71, 763.12 80, 518.22 90, 341.44 101, 363.10
Direct Labor 4 91, 000.00 176, 748.00 200, 255.48 226, 889.46 257, 065.76
Indirect Materials 5 5, 460.00 10, 501.92 11, 783.15 13, 220.70 14, 833.62
Packaging 6 54, 600.00 105, 019.20 117, 831.54 132, 206.99 148, 336.24
Total Variable Cost 188, 370.00 364, 032.24 410, 388.40 462, 658.60 521, 598.73
Fixed Cost
Salaries and Wages 9 68, 432.00 120, 831.36 124, 456.30 128, 189.99 132, 035.69
13th Month Pay 10 5, 702.67 10, 069.28 10, 371.36 10, 682.50 11, 002.97
Employee Benefits 11 6, 889.40 11, 810.40 10, 041.60 10, 041.60 10, 484.40
Advertising Expense 12 416.00 424.32 432.81 441.46 450.29
Utilities 13 11, 893.00 20, 795.76 21, 211.68 21, 635.91 22, 068.63
Office Supplies 14 320.00 652.80 665.86 679.17 692.76
Cleaning Supplies 15 85.00 173.40 176.87 180.41 184.01
Rent Expense 16 28, 000.00 48, 000.00 48, 000.00 48, 000.00 48, 000.00
Permits and Licenses 17 4, 593.00 4, 243.00 4, 400.50 4, 565.88 4, 739.52
Depreciation Expense 18 731.03 1, 253.20 1, 253.20 1, 253.20 1, 253.20
Transportation Expense 19 350.00 630.00 661.50 694.58 729.30
Retainer’s Fee 20 21, 000.00 36, 000.00 36, 000.00 36, 000.00 36, 000.00
Repairs and Maintenance 22 - - 313.30 313.30 313.30
Total Fixed Cost 148, 412.10 254, 883.52 257, 984.96 262, 677.99 267, 954.07
TOTAL COST 336, 782.10 618, 915.76 668, 373.36 725, 336.58 789, 552.80
Schedule 1C
SELLING PRICE PER UNIT
Schedule 2019
Total Cost 336, 782.10
Total Units Produced Annually 1, 820
Cost per unit 185.05
Mark-up 20%
Selling Price per Unit 231.31
232.00 rounded-off
Schedule 2
COST OF GOODS SOLD
Schedule 2019 2020 2021 2022 2023
Direct Materials 3 37, 310.00 71, 763.12 80, 518.22 90, 341.44 101, 363.10
Direct Labor 4 91, 000.00 176, 748.00 200, 255.48 226, 889.46 257, 065.76
Production Overhead:
Indirect Materials 5 5, 460.00 10, 501.92 11, 783.15 13, 220.70 14, 833.62
Packaging 6 54, 600.00 105, 019.20 117, 831.54 132, 206.99 148, 336.24
Total Manufacturing Cost 188, 370.00 364, 032.24 410, 388.40 462, 658.60 521, 598.73
Add: Beginning Inventory - 9, 418.50 18, 672.54 21, 453.05 24, 205.58
Goods Available for Sale 188, 370.00 373, 450.74 429, 060.94 484, 111.64 545, 804.31
Less: Ending Inventory, FG 9, 418.50 18, 672.54 21, 453.05 24, 205.58 27, 290.22
Cost of Goods Sold 178, 951.50 354, 778.20 407, 607.89 459, 906.06 518, 514.10
Schedule 3
DIRECT MATERIALS
Schedule 2019 2020 2021 2022 2023
Zipper
Units required per unit 1 1 1 1 1
Units produced in a year 1, 820 3, 432 3, 775 4, 153 4, 568
Cost 12.00 12.24 12.48 12.73 12.99
Yearly purchases 21, 840 42, 007.68 47, 132.62 52, 882.80 59, 334.50
Lanyard
Cost 5.00 5.10 5.20 5.31 5.41
Yearly purchases 9, 100.00 17, 503.20 19, 638.59 22, 034.50 24, 722.71
Buckle
Units produced per year 1, 820 3, 432 3, 775 4, 153 4, 568
Cost 2.50 2.55 2.60 2.65 2.71
Key ring
Units produced per year 1, 820 3, 432 3, 775 4, 153 4, 568
Cost 1.00 1.02 1.04 1.06 1.08
Total Direct Materials Purchases 37, 310.00 71, 763.12 80, 518.22 90, 341.44 101, 363.10
Assumption: Cost of purchases to increase by 2% annually.
Schedule 4
DIRECT LABOR
Schedule 2019 2020 2021 2022 2023
Subcontractor rate per unit 50.00 51.50 53.05 54.64 56.28
No. of units produced in a year Note 8 1, 820 3, 432 3, 775 4, 153 4, 568
Total 91, 000.00 176, 748.00 200, 255.48 226, 889.46 257, 065.76
Assumption: Salaries cost is expected to increase by 3% per year.
Schedule 5
INDIRECT MATERIAL
Schedule 2019 2020 2021 2022 2023
Thread
Cost 3.00 3.06 3.12 3.18 3.25
Total Indirect Material Purchases 5, 460.00 10, 501.92 11, 783.15 13, 220.70 14, 833.62
Assumption: Cost of purchases to increase by 2% annually.
Schedule 6
PACKAGING SUPPLIES
Schedule 2019 2020 2021 2022 2021
Paper Bag
Cost 10.00 10.20 10.40 10.61 10.82
Small Box
Cost 20.00 20.40 20.81 21.22 21.65
Total Packaging Cost 54, 600.00 105, 019.20 117, 831.54 132, 206.99 148, 336.24
Schedule 7
SELLING EXPENSES
Schedule 2019 2020 2021 2022 2023
Salaries and ages 68, 432.00 120, 831.36 124, 456.30 128, 189.99 132, 035.69
13th Month Pay 5, 702.67 10, 069.28 10, 371.36 10, 682.50 11, 002.97
Employee Benefits 6, 889.40 11, 810.40 10, 041.60 10, 041.60 10, 484.40
Advertising Expense 416.00 424.32 432.81 441.46 450.29
Total Selling Expense 81, 440.07 143, 135.36 145, 302.07 149, 355.55 153, 973.36
Schedule 8
Administrative Expense
Schedule 2019 2020 2021 2022 2023
Utilities 11, 893.00 20, 795.76 21, 211.68 21, 635.91 22, 068.63
Office Supplies 320.00 652.80 665.86 679.17 692.76
Cleaning Supplies 85.00 173.40 176.87 180.41 184.01
Rent Expense 28, 000.00 48, 000.00 48, 000.00 48, 000.00 48, 000.00
Permits and Licenses 4, 593.00 4, 243.00 4, 400.50 4, 565.88 4, 739.52
Depreciation Expense 731.03 1, 253.20 1, 253.20 1, 253.20 1, 253.20
Transportation Expense 350.00 630.00 661.50 694.58 729.30
Retainer’s fee 21, 000.00 36, 000.00 36, 000.00 36, 000.00 36, 000.00
Percentage Tax 12, 033.84 24, 458.78 28, 804.27 33, 298.04 38, 460.77
Repairs and Maintenance - - 313.30 313.30 313.30
Business Plan Cost Note 1 2, 652.00 - - - -
Total Administrative Expense 81, 657.87 136, 206.94 141, 487.17 146, 620.48 152, 441.48
Schedule 9
SALARIES AND WAGES
Schedule 2019 2020 2021 2022 2023
Monthly Rate Note 15 9, 776.00 10, 069.28 10, 371.36 10, 682.50 11, 002.97
No. of months 7 12 12 12 12
Total Salaries and Wages 68, 432.00 120, 831.36 124, 456.30 128, 189.99 132, 035.69
Assumption: Salaries cost is expected to increase by 3% per year.

Schedule 10
13TH MONTH PAY
Schedule 2019 2020 2021 2022 2023
Annual pay 68, 432.00 120, 831.36 124, 456.30 128, 189.99 132, 035.69
Percentage 1/12 1/12 1/12 1/12 1/12
Total 5, 702.67 10, 069.28 10, 371.36 10, 682.50 11, 002.97
Schedule 11
EMPLOYEE BENEFITS
Schedule 2019 2020 2021 2022 2023
Note 16
SSS 746.70 746.70 599.30 599.30 636.20
Philhealth 137.50 137.50 137.50 137.50 137.50
Pag-ibig 100.00 100.00 100.00 100.00 100.00
Total Benefit per month 984.20 984.20 836.80 836.80 873.70
No. of months 7 12 12 12 12
Total 6, 899.40 11, 810.40 10, 041.60 10, 041.60 10, 484.40
Schedule 12
ADVERTISING EXPENSE
Schedule 2019 2020 2021 2022 2023
Tarpaulin 66.00 67.32 68.67 70.04 71.44

Note 3
Leaflets 150.00 153.00 156.06 159.18 162.36
Business Card 200.00 204.00 208.08 212.24 216.49
Total 416.00 424.32 432.81 441.46 450.29
Assumption: Advertising expense will increased by 2% annually.
Schedule 13
UTILITIES EXPENSE
Schedule 2019 2020 2021 2022 2023
Telecommunication Note 11 999.00 1, 018.98 1, 039.36 1, 060.15 1, 081.35
Water 200.00 204.00 208.08 212.24 216.49
Electricity 500.00 510.00 520.20 530.60 541.22
Subtotal 1, 699.00 1, 732.98 1, 767.64 1, 802.99 1, 839.05
No. of months 7 12 12 12 12
Total 11, 893.00 20, 795.76 21, 211.68 21, 635.91 22, 068.63
Assumption: Utilities expense will increased by 2% annually.

Schedule 14
OFFICE SUPPLIES
Schedule 2019 2020 2021 2022 2023
Journal Notebook Note 10 40.00 40.80 41.62 42.45 43.30
Carbon paper 20.00 20.40 20.81 21.22 21.65
Folder 60.00 61.20 62.42 63.67 64.95
Logbook 100.00 102.00 104.04 106.12 108.24
Stapler 45.00 45.90 46.82 47.75 48.71
Staple Wires 15.00 15.30 15.61 15.92 16.24
Fastener 10.00 10.20 10.40 10.61 10.82
Paper clip 30.00 30.60 31.21 31.84 32.47
Total supplies 320.00 326.40 332.93 339.59 346.38
No. of purchases in a year 1 2 2 2 2
Total 320.00 652.80 665.86 679.17 692.76
Assumption: Office supplies will be purchased twice a year and cost will increased by 2% annually.
Schedule 15
CLEANING SUPPLIES
Schedule 2019 2020 2021 2022 2023
Broom Note 9 35.00 35.70 36.41 73.14 37.89
Dust pan 20.00 20.40 20.81 21.22 21.65
Trash bin 20.00 20.40 20.81 21.22 21.65
Rags 10.00 10.20 10.40 10.61 10.82
Total supplies 85.00 86.70 88.43 90.20 92.01
No. of purchases in a year 1 2 2 2 2
Total 85.00 173.40 176.87 180.41 184.01
Assumption: Cost of cleaning supplies will increased by 2% every year.
Schedule 16
RENT EXPENSE
Schedule 2019 2020 2021 2022 2023
Monthly Rent Note 13 4, 000.00 4, 000.00 4, 000.00 4, 000.00 4, 000.00
No. of months 7 12 12 12 12
Annual Rent 28, 000.00 48, 000.00 48, 000.00 48, 000.00 48, 000.00
Assumption: Office rent is fixed within 5 years.

Schedule 17
PERMITS AND LICENSES
Schedule 2019 2020 2021 2022 2023
BIR Registration Note 2 500.00 500.00 500.00 500.00 500.00
DTI Registration 500.00
Mayor’s Business Permit 3, 000.00 3, 150.00 3, 307.50 3, 472.88 3, 646.52
Barangay Clearance 100.00 100.00 100.00 100.00 100.00
Sanitary Permit 150.00 150.00 150.00 150.00 150.00
Documentary Stamp Tax 50.00 50.00 50.00 50.00 50.00
Fire Clearance 293.00 293.00 293.00 293.00 293.00
Total 4, 593.00 4, 243.00 4, 400.50 4, 565.88 4, 793.52
Assumption: Permits and Licenses will remained the same for the next five years except for the Mayor’s Business
Permit which is expected to increase by 5% yearly; DTI is renewal every 5 years.

Schedule 18
PPE LAPPING AND DEPRECIATION EXPENSE
Schedule 2019 2020 2021 2022 2023
Office Equipment Note 5
Cost 2, 294.00 2, 294.00 2, 294.00 2, 294.00 2, 294.00
Useful Life: 60 months or 5 years 60 60 60 60 60
No. of months 7 12 12 12 12
Annual Depreciation 267.63 458.80 458.80 458.80 458.80
Accumulated Depreciation 267.63 726.43 1, 185.23 1, 644.03 2, 102.83
Net Book Value 2, 026.37 1, 567.57 1, 108.77 649.97 191.17
Furniture and Fixture Note 4
Cost 3, 971.99 3, 971.99 3, 971.99 3, 971.99 3, 971.99
Useful Life: 60 months or 5 years 60 60 60 60 60
No. of months 7 12 12 12 12
Annual Depreciation 463.40 794.40 794.40 794.40 794.40
Accumulated Depreciation 463.40 1, 257.80 2, 052.19 2, 846.59 3, 640.99
Net Book Value 3, 508.59 2, 714.19 1, 919.80 1, 125.40 331.00
Total Depreciation 731.03 1, 253.20 1, 253.20 1, 253.20 1, 253.20

Schedule 19
TRANSPORTATION EXPENSE
Schedule 2019 2020 2021 2022 2023
Monthly Expense Note 13 50.00 52.50 55.13 57.88 60.78
No. of months 7 12 12 12 12
Total 350.00 630.00 661.50 694.58 729.30
Assumption: Transportation expense will increase annually by 5%.
Schedule 20
RETAINER’S FEE
Schedule 2019 2020 2021 2022 2023
Bookkeeper Note 13 3, 000.00 3, 000.00 3, 000.00 3, 000.00 3, 000.00
No. of months 7 12 12 12 12
Total 21, 000.00 36, 000.00 36, 000.00 36, 000.00 36, 000.00
Assumption: Retainer’s fee will remain constant for the next 5 years.
Schedule 21
PERCENTAGE TAX
Schedule 2019 2020 2021 2022 2023
1, 109, 1, 282,
Gross Sales 1 401, 128.00 815, 292.66 960, 142.49
934.75 025.56
% of Gross Income 3% 3% 3% 3% 3%
Total 12, 033.84 24, 458.78 28, 804.27 33, 298.04 38, 460.77
Assumption: Percentage tax is 3% of the gross revenue/sales.
Schedule 22
REPAIRS AND MAINTENANCE EXPENSE
Schedule 2019 2020 2021 2022 2023
Furniture and Fixtures/Office Equipment Note ¾ 6, 265.99 6, 265.99 6, 265.99 6, 265.99 6, 265.99
% of repairs and maintenance 5% 5% 5%
Total - - 313.30 313.30 313.30
Assumption: Repairs and Maintenance will be assumed at 5% for total cost of PPE starting on the third
year.
Schedule 23
ACCRUED SALARIES AND WAGES
Schedule 2019 2020 2021 2022 2023
Annual Salary: 7
Secretary/Cashier/Salesperson 68, 432.00 120, 831.36 124, 456.30 128, 189.99 132, 035.69
Total annual salary 68, 432.00 120, 831.36 124, 456.30 128, 189.99 132, 035.69
1 month 1/7 1/12 1/12 1/12 1/12
Total 9, 776.00 10, 069.28 10, 371.36 10, 681.50 11, 002.97
Schedule 24
ACCRUED EMPLOYEE BENEFITS
Schedule 2019 2020 2021 2022 2023
Annual Employee Benefits 8 6, 889.40 11, 810.40 10, 041.60 10, 041.60 10, 484.40
No. of months to be accrued 1/7 1/12 1/12 1/12 1/12
Total 984.20 984.20 836.80 836.80 873.60
Schedule 25
ACCRUED UTILITIES
Schedule 2019 2020 2021 2022 2023
Annual Expense 6 11, 893.00 20, 795.76 21, 211.68 21, 635.91 22, 068.63
No. of months accrued 1/7 1/12 1/12 1/12 1/12
Total 1, 699.00 1, 732.98 1, 767.64 1, 802.99 1, 839.05

Schedule 26
ACCRUED RENT
Schedule 2019 2020 2021 2022 2023
Annual Rent 12 28, 000.00 48, 000.00 48, 000.00 48, 000.00 48, 000.00
No. of months to be
1/7 1/12 1/12 1/12 1/12
accrued
Total 4, 000.00 4, 000.00 4, 000.00 4, 000.00 4, 000.00
Schedule 27
ACCRUED PERCENTAGE TAX
Schedule 2019 2020 2021 2022 2023
12,
Annual payable 24, 458.78 28, 804.27 33, 298.04 38, 460.77
033.84
No. of months accrued 1/7 1/12 1/12 1/12 1/12
Total 1, 719.12 2, 038.23 2, 400.36 2, 774.84 3, 205.06

Schedule 28
INCOME TAX EXPENSE
Schedule 2019 2020 2021 2022 2023
Income before tax 59, 078.56 181, 172.16 265, 745.36 354, 052.66 457, 096.63
For 2019-2022
Up to P250, 000 (exempted)
For 2023 onwards
Above 250, 000 to 400, 000 31, 064.49
15% of the excess of 250, 000
Income Tax Expense - - - - 31, 064.49
Schedule 29
INCOME TAX PAYABLE
Schedule 2019 2020 2021 2022 2023
Income Tax Expense - - - - 31, 064.49
No. of quarter accrued 1/2 1/4 1/4 1/4 ¼
Total - - - - 7, 766.12
Schedule 30
OWNER’S WITHDRAWAL
Schedule 2019 2020 2021 2022 2023
Net Income 59, 088.56 181, 222.16 265, 845.36 354, 202.66 426, 232.14
% of Withdrawal 20% 20% 20% 20% 20%
Total 11, 817.71 36, 244.43 53, 169.07 70, 840.53 85, 246.43
Assumption: Owner’s withdrawal will be set at 20% of the net income.
Schedule 31
BANK INTEREST INCOME
Schedule 2019 2020 2021 2022 2023
Estimated bank deposits 5, 000.00 25, 000.00 50, 000.00 75, 000.00 100, 000.00
% of Bank Interest 0.25% 0.25% 0.25% 0.25% 0.25%
Total Interest income 12.50 62.50 125.00 187.50 250.00
Less: 20% withholding tax 2.50 12.50 25.00 37.50 50.00
Total Bank Income, net of tax 10.00 50.00 100.00 150.00 200.00
Assumption: Amount deposited to the bank is assumed at P5, 000 for the first year and increase by P20, 000 for the
second year and increase by P25, 000 for the next succeeding years. Bank interest is assumed at 0.25% per annum
Financial Analysis
A. Profitability Ratio
Profitability of ratio is what company has to achieve to meet the
satisfaction and demand of their customers to gain potential profits. It also
needs to determine how much profit a company will get at the end of the
period. Profitability ratio measures how solvent the company is to pay their
liabilities and obligations. These ratios show the company if they are
accomplishing their profits according to their procedure.
Return on Investment
When you invest in an asset for your small business, you will turn into a
profit. It’s a measure of the amount of return, relative to the investment’s cost.
Also, it is a profitability measure that evaluates the performance of a business,
whether or not a firm will beusing its resources in an efficient manner.

Table 24
RETURN ON INVESTMENT
TOTAL RETURN
YEAR NET INCOME AVERAGE ON
ASSET INVESTMENT
2019 59, 088.56 150, 732.87 39%
2020 181, 222.16 297, 073.27 61%
2021 265, 845.36 510, 301.02 52%
2022 354, 202.66 794, 384.12 45%
2023 426, 232.14 1, 143, 959.61 37%
Table 24 indicates the return investment of the business. By looking at it,
it presented that in its first year which is 2019 they do need a sort of adjustments,
and by then its operation becomes better and better especially in its second and
third year, 2020-2021, which gives the business a return on investment of 61%
and 52% respectively.
Return on Equity
Return on equity is a profitability ratio that essentially evaluates the ability
of the firm to generate profit from its shareholder’s investments in a company.
Furthermore, return on equity calculates the company’s annual return (net
income) divided by the value of its total shareholders’ equity.

Net Income
Return on Equity =
Average Owner’s Equity
TABLE 25
RETURN ON EQUITY
YEAR NET OWNER’S EQUITY, OWNER’S EQUITY, AVERAGE OWNER’S RETURN ON

INCOME BEGINNING ENDING EQUITY EQUITY
2019 59, 088.56 86, 000.00 133, 270.85 109, 635.43 53.90%
2020 181, 222.16 133, 270.85 278, 248.58 205, 759.72 88.07%
2021 265, 845.36 278, 248.58 490, 924.86 384, 586.72 69.12%
2022 354, 202.66 490, 924.86 774, 286.99 632, 605.93 55.99%
2023 426, 232.14 774, 286.99 1, 115, 272.70 944, 779. 85 45.11%
Table 25 indicates the highest return on equity is marked in its second
year with a 88.07%. Since on its first year, the company didn’t have enough
return and needed to seek any adjustments for the company to be profitable
enough.
Return on Sales
Return on Sales is a financial ratio that is used to evaluate a company’s
efficiency in generating profits from its sales. It measures how much is the
percentage of the sales when converted into profit.
Net Income
Return on Sales =
Net Sales
TABLE 26
RETURN ON SALES
YEAR NET INCOME NET SALES RETURN ON SALES

2019 59, 088.56 401, 128.00 14.73%
2020 181, 222.16 815, 292.66 22.23%
2021 265, 845.36 960, 142.49 27.69%
2022 354, 202.66 1, 109, 934.75 31.91%
2023 426, 232.14 1, 282, 025.56 33.25%
Table 26 indicates a return on sales. In its first year, the company only
produce a 14.73% which gives a hint that the company is having problems
making the sales. As the years goes by, the sales increase because the
company’s income also increases.

B. Liquidity Ratio
Liquidity ratio analyzes the ability of a company to pay debt obligations. It
shows how a company can convert its assets into cash to pay off its liabilities on
a timely basis.
Current Ratio
The current ratio is also known as the working capital ratio. It is a liquidity
ratio which estimates the capacity of a business venture to compensate for short-
term and long-term liability. An individual can figure out its current ratio by
dividing its current assets by current liabilities.
Current Assets
Current Ratio =
Current Liabilities
Table 27
CURRENT RATIO
YEAR CURRENT ASSETS CURRENT CURRENT RATIO

LIABLILITIES
2019 137, 197.91 17, 462.02 7.90
2020 284, 791.51 18, 824.69 15.10
2021 499, 272.46 19, 376.15 25.80
2022 784, 608.75 20, 097.13 39.00
2023 1, 135, 437.44 28, 686.91 39.60
Table 27 indicates that ratio increases from the first year operations down
to the preceding years portraying the business is tolerable enough to pay its debt
and obligations.
C. Solvency Ratio
One of the distinct ratios used to quantify the ability of a business venture
is to achieve its longstanding deficit which is called solvency ratio.Bestowers and
in-house credit organization are more frequently using it. It is also known as a
leverage ratio. Solvency ratio focuses more on its long-term feasibility of a
business venture instead of the on-going liability fees.
Debt Ratio
The debt ratio is the part of the business plan where all the debts are
calculated as according to what the business had debt. In this way also, the debt
ratio determines the total debt that the company needs to pay.
Total Liabilities
Debt Ratio =
Total Assets
Table 28
DEBT RATIO
YEAR TOTAL TOTAL DEBT

LIABILITIES ASSETS RATIO
2019 17, 462.02 150, 732.87 12%
2020 18, 824.69 297, 073.27 6%
2021 19, 376.15 510, 301.02 4%
2022 20, 097.13 794, 384.12 3%
2023 28, 686.91 1, 143, 959.61 3%
Table 28 indicates that every year since the first year, it is decreasing
knowing that the business is having a struggle in an insufficient debt.
Payback Period
Payback period is the time when the business was able to gain its success
and profits. It is also the period when the necessary debts or liabilities are paid
off and liquidated. It is also the particular length of time that the business will
recover the lost and the investment given to the business.
Net Cost of Initial Investment

Payback Period =
Amount of Net Cash Flow
TABLE 29
PAYBACK PERIOD
NET CASH INFLOW PERCENTAGE PRESENT BALANCE PAYBACK

FROM OPERATING VAUE AT 12% VALUE OF PERIOD
ACTIVITIES CASH INFLOW
Investment to 86, 000
be Recovered
2019 63, 863 0.8929 57, 023 28, 977 1
2020 174, 584 0.7972 139, 178 0 0.21
1.21 years
Table 29 indicates that the company, Accessories Corner (AC) can
redeem its investment in 1 year and eleven (11) months.
Break-even Analysis
In creating a business from scratch, never rely on guesswork to estimate
the costs. Starting a business often carries risk and so the calculation of break-
even analysis will lessen the knot and will lower the risk. Break-even analysis
sounds complicated, but it’s quite simple. The calculation will tell how many units
of something is needed to sell to break-even. It aims a classifying the dynamic
relationship existing between total cost and sale volume of a company.
Break-even analysis, one of the most important business tools, is used by
companies to determine the level of profitability. It targets to cover costs and
make a profit. It is a comprehensive guide to help in setting realistic targets for
the business.
Contribution Margin
The study of the contribution margin is the single biggest way to increase
profits. To seize the concept of contribution margin, the company should have
the keys to unlock profitability and exceed the business potential.
Contribution margin is used by management when making pricing
decisions. It is helpful to analyze the impact of different levels of sales. It is an
integral aspect when calculating the break-even point of sales. It would
determine the portion of each sale that is attributed to cover the fixed cost.
Contribution Margin= Sales – Total Variable Cost

TABLE 30
CONTRIBUTION MARGIN
TOTAL TOTAL
YEAR SALES VARIABLE COST CONTRIBUTION
MARGIN
2019 401, 128.00 188, 370.00 212, 758.00
2020 815, 292.66 364, 032.24 451, 260.42
2021 960, 142.49 410, 388.40 549, 754.09
2022 1, 109, 934,75 462, 658.60 647, 276.15
2023 1, 282, 025.56 521, 598.753 760, 426.84
Table 30 indicates that during the first two years the operation has some
struggles and deficiency, but the on-going years have increased their sales
rather than the variable expenses.
Contribution Margin Ratio
Contribution margin ratio is the percentage of sales, service revenues or
selling price that remains after all variable costs and variable expenses that have
been covered; it is also used to determine the profits and impact on profits at the
different sales level. It measures the percentage of sales that exceed variable
costs and can cover a company’s fixed cost, fixed expense and profits.
Contribution Margin
Contribution Margin Ratio = X 100
Sales
Table 31
CONTRIBUTION MARGIN RATIO
TOTAL TOTAL
YEAR SALES VARIABLE COST CONTRIBUTION CONTRIBUTION
MARGIN MARGIN RATIO
2019 401, 128.00 188, 370.00 212, 758.00 53%
2020 815, 292.66 364, 032.24 451, 260.42 55%
2021 960, 142.49 410, 388.40 549, 754.09 57%
2022 1, 109, 934.75 462, 658.60 647, 276.15 58%
2023 1, 282, 025.56 521, 598.73 760, 426.84 59%
Table 31 indicates that during its 1st until the growing years the operation
of the business has gained as much as 53% of the contribution margin ratio.
Break-even Points in Units
Break-even point is the minimal accepted point for most
businesses/company. There is no profit or any loss in the total for any product or
services, and the total revenue that any product or services have brought in are
equal. It is the type of revenues needed to cover a company’s total amount of
fixed and variable expenses during a specific period

Table 32
BREAK-EVEN POINTS IN UNITS
YEAR FIXED COST CONTRIBUTION BREAK-EVEN

MARGIN per POINTS in UNITS
UNIT
2019 148, 412.10 128.50 1, 155
2020 254, 883.52 137.53 1, 853
2021 257, 984.96 147.07 1, 754
2022 262, 677.99 157.16 1, 671
2023 267, 954.07 167.81 1, 597
Table 32 indicates that in the year 2019, the operation has produced some
units that amount to 1, 155 and in the on-going year until the year 2023, it
creates about 1, 597. The operation of business has enough outcome.
Break-even Sales in Pesos
One can determine the breakeven point is pesos by multiplying the sales
price per unit by the breakeven point in units.

TABLE 33
BREAK-EVEN POINTS in PESOS
YEAR BREAK-EVEN SELLING PRICE BREAK-EVEN

POINT IN UNITS per UNIT POINTS in PESOS
2019 1, 155 232.00 267, 950.25
2020 1, 853 243.60 451, 462.41
2021 1, 754 255.78 448, 669.19
2022 1, 671 268.57 448, 893.18
2023 1, 597 282.00 450, 280.17
SECTION VI
SOCIO-ECONOMIC BENEFIT AND DESIRABILITY
Business varies through distinct elements. A positive business must be
aware of the society and adapt to the external social environment to survive.
Every entrepreneur should strive to stay on top of the industry; as a small; it is
especially important to understand the modern business landscape. You should
make sure you have as much information as possible when making and finalizing
decisions that will affect the future of the business. The company should have a
target plan on how to earn income and gain much more than what they have
invested. To attain the company’s success, entrepreneurs must know about the
socio-economic benefits and desirability.
The practice of knowing the socio-economic benefits and desirability will
give the entrepreneur a broad understanding on how to run their business. By
assessing, such impact, companies are better or equipped to predict its
performance, stability and capacity for growth. The measuring of socio-economic
effect can help companies better their customers – enabling them to develop new
products and services and improve existing offerings.

Government
The government is the one to manage the system of the country. It also
helps to organize the community and the purpose of the business. They make
things to use the importance of the trade. It helps the other opponent that can
make the country improve.
Community
It is a group of people in a specific area; It could be in barangay, town, or
even in the whole country itself. Also, it be can identify as an organization
because they share the same goals. A very virtuous example of a community
business here is Cebu People Multi-Purpose Cooperative. It is a community
business where the people are working together to uplift the economic and social
status of its members.
Customers
A customer is one of the important assets of a business and looking after
them is essential to success. We can meet the needs of the customers by
satisfying them; it is also to create a long-term relationship with our customers. A
happy customer is a satisfied customer.
Competitors
In every corner of the business, there is always a competitor who will be a
hindrance to the company’s position in the industry. A competitor will consistently
compete in your business in all aspects. It is the number one enemy who will try
to bring down the venture. The rivalry among the sellers creates a difference.
The sales of each party will identify if who competes for efficiency.
Related Industry
Business is the Ultimate Sport. The proponents signify that no individual
company member has the knowledge and experience of the team as a whole. In
a company, it requires to institute a business-to-business relationship in such a
way that the outcome of the company will be in a healthy competition. Having a
relationship with other companies will have a big impact to provide the raw
materials needed for the product. The proponents need these two related
industries which are Cebu Fashion and Cebu Progress Marketing to make a
possible run for their company, Accessories Corner (AC).
Financing Institution
Financing Institution is the firms that deal with financial services. Financing
institutions like banks, insurance companies, finance companies and many other
provide financial protection and investment opportunities. Accessories Corner
(AC) can put their capital, and profit and these firms can give Accessories Corner
(AC) security and convenience. Through these financing institutions, Accessories
Corner (AC) can provide monetary assistance to their employees and the
company itself by availing loans.

Schematic Diagram
It is a portrayal of the principle of a procedure utilizing an abstruse artwork
figure instead of genuine artwork. A schematic consistently eliminates the entire
part that is not appropriate to the information, it is engaged to convey and may
include unrealistic elements that aid understanding.
It is decisive to have a schematic diagram in a firm due to the fact it gives
benefits and outcome of the proposed business to the various sectors in
performing how the business cannot handle the proponents but the society as
well.
SECTORS BENEFITS OUTCOME
S
GOVERNMENT Safe
Provide laws and regulations for the business
Environment
COMMUNITY
Helps the business in creating new opportunities New/more
opportunities
CUSTOMERS
Help the business in gaining more sales Higher sales
volume
Accessories
Corner COMPETITORS
Gives the business more drive to improve Fair competition
production
SUPPLIERS Helps the business in/with its production Customer

satisfaction
RELATED
Helps the business in/with its operations Improved
INDUSTRY
production/sales
FINANCING Provide financial services Provide monetary

INSTITUTION assistance
Figure 22
Schematic Diagram showing the Socio-Economic Benefits and Desirability

SECTION VII
SWOT ANALYSIS AND CRITICAL RISKS
A company should set a standard on how to evaluate strengths,
weaknesses, opportunities, and threats. It will make the business stand firm if the
data have a positive result. To come up with such a successful outcome, the
business should know how to understand SWOT analysis .It is a method that
involved in defining the concrete objective of the venture. It also identifies the
internal and external factors that would give benefits to the business.
SWOT analysis is a strategic planning method used in all businesses. The
four basic points which are the: strengths, weaknesses, opportunities, and
threats will help the company achieve the objective to pertain such goal. This
method will support the business on top of the industry.
Strengths an organization without strength is as good as dead. It is one of
the most helpful essential parts of the business analysis. It allows the firm to
have better decision making, planning, and management. It is also a feature
which operates a business more effectively than the competitors.
Weaknesses are the certain task or variables that every business
possessed. Identifying it in a business is a necessity to make a strategic plan and
to prevent it from happening. So weakness is not necessarily something that
abusiness should be afraid. Being able to identify it is a company’s strength to
reach its full potential.
Table 34 shows the Strengths and Weaknesses of Bling

Table 34
S.W.O.T Analysis: Strengths and Weaknesses
RESOURCES STRENGTHS WEAKNESSES
Has sufficient funds for

Money production and for
running the business
Raw materials are readily

Materials
available
Uses simple machine

Machines that produces high quality
product
Has a unique way of

Methods Can easily be followed
operating the product
Has only one sub

Manpower
contractor
Has knowledge and May have lapses

Management experience in business especially in decision
management making
Procedures are simple

Moment (Time) and the materials arrive
on time
Opportunities every opportunity that comes in a way should embrace
with positivity. Also, it provides an organization with a broad means to improve
the performance and the capability of the business, and most importantly the
competitive advantage in a market environment. It also involves exposure of risk

which something that the business can be taken to make more or less likely to
occur but, it’s ultimately outside of the business control.
Threats are negative and external. It does not create profit for the
company rather hindrances. These are some factors that will give unsatisfactory
to the company namely Technology, Social, and Economic which came from the
mnemonic word PESTLE analysis and these may cause the firm to doom in
obtaining its purpose.
Table 35 shows the Opportunities and Threats of Bling

Table 35
S.W.O.T ANALYSIS: Opportunities and Threats
FACTORS OPPORTUNITIES Threats
The demand for products

that can suffice the safety
of every person’s
personal belongings. It
Socio-cultural
will give the firm the
competent that can be
manage or seen in the
market
The company’s
subcontractor uses
Technology and
durable sewing machine
Technical
that can produce high
quality accessories
.
Clients incline to choose The quality of every

the right products which country on its fondness in
Economic are handy, convenient, a product threatens the
and affordable due to the aptness demand of the
lack of financial. firm.
A government assists a
firm able to upraise their
Political
products to be well-know
and be able to export.
Hearing some negative

feedbacks of the
customers in the
conducted survey, many
Population Trends
respondents fail to
predict the advantages
and significance of the
product.
.
Philippines is in adequate
in terms of tranquillity and
uniformity in the
Peace and Order
homeland which allow
necessity to the lifestyle
of the firm’s product.
The raw materials that

Natural are predominantly utilized
are biodegradable and do
not cause pollution.
Government programs
Government Product can help the business to
market the product
Other countries may find

Global Environment the product useful, and
the business might have
connections abroad so
the business can sell
Bling not only in the
Philippines but also
worldwide.
Critical Risks
It may appear any time due to the sudden change of the economy’s
condition. Because of the speedy inventions pop-ups nowadays the availability of
a product and services has become lesser, which lead to use of the wrong pick of
the substitute product.

Internal Risks
It is the condition of the company will be harm which can make it down.
The risk will personally affect it. The company will face the circumstances with its
organization and will arise. These risks can be forecast with reliability, and the
business has a strong chance to reduce the internal risk.
Table 36 shows the Solutions for the weaknesses the firm is facing
Table 36
S.W.O.T. ANALYSIS: Internal Risks and Solutions
Factors Associated
RESOURCES Solution/Recommendation
with Risk
Can be easily followed Have a copyright protection

Methods
for the product
Has only one (1) The team will add another

Manpower
subcontractor subcontractor
External Risks
External risks arise from the events taking place outside the organization.
It is a kind of risk that cannot be controlled by any other company or cannot be
forecast with a high level of reliability.

Table 37
S.W.O.T. ANALYSIS: External Risks and Solutions
FACTORS Threats Solution/Advantage
The quality of every

country on its fondness in
Innovate the product
Economic a product threatens the
every month
aptness demand of the
firm
Hearing some negative

feedbacks of the Making sure that the
customers in the target market will surely
conducted survey, many consider the product as
Population Trends
respondents fail to one of their trendy
predict the advantages fashion accessories and
and significance of the helpful purposes
product.
Must monitor the

May have lapses
employees in order to
especially in decision
Management have fixed plans and
making
must schedule a weekly
meeting
Insurance Provision
Employees are those people who worked countless hours to achieve a
quota of sales. Their hard work must be paid off with a benefit. Every business is
required to assure the life of their employees as it is their right. All business
necessitates having insurance as this will serve as a benefit to their employees.
Also, it will provide the employee’s security from accidents that might arise during
the operation of the firm. It is necessary for all the businesses to process
insurance.
The Accessories Corner (AC) is a new business venture in the market; it is
a must to acquire insurance for the employees they hired. Although insurance is
quite long to process the company will still push through to give the employees
legal benefits that they deserved. SSS, Pag-Ibig, Phil Health and other
insurances mandated by the government will be given to the Accessories Corner
employees.
Contingency Plan
The beginning is the essential factor of the work in an industry. Most
people are satisfied to let the perfect days transpire at random instead of
planning for them. The contingency plan is s step-by-step mechanism to
determine the ups and downs of the business venture. The company needs to
seize a full responsibility to negotiate a precise issue due to crisis hasgiven that
handling business will be never too simple. Not a single person can foretell the
future, but they can plan for it. Thus, being well-prepared in any challenges and
obstacles the company may be facing is an achievement.
Every individual need to conform to the world filled with changes. Day-to-
day, companies are making various trends and fad to satisfy the wants of every
consumer to prevent losing them. Accessories Corner has two (2) primary
elements of operations; precisely referring to (1) Words of mouth which is the
most effective step for the company to grow and (2) Advertising not only in
televisions and social media instead it can also be applied in giving away leaflets
to the customers. Bankruptcy is what the enterprise is anxious.
Using contingency plan, Accessories Corner (AC) can manage to be
positive nevertheless of the obstacles they’ve encountered in doing such hard
work and patience in every phase they can notice the variety of plans that the
company prepare and make actions to it.

CHAPTER III
SUMMARY, FINDINGS, CONCLUSION, AND
RECOMMENDATIONS
Accessories Corner is the name of the enterprise. It is a sole
proprietorship under the ownership and management of Ms. Divine Grace B.
Arquillano. It is engaged in manufacturing, distributing, and innovating an
affordable, unique accessory which uses high-quality materials. The accessories
produced by the Accessories Corner will secure one’s personal belongings. The
slogan of the enterprise is “Your Style, Our Corner.”
Summary
A business plan is the target of the business in determining the economic
feasibility of “A Proposed Production and Distribution of Bling” in which the
prime target markets are the female and male high school students. In particular,
the aspects that the proponent has garnered a notable data are the following:
1. Business Description (Company Profile and Innovative
Products/Services)
2. Market Research Analysis
3. Management Team
4. Marketing Strategy (Product, Place, Promotion, Pricing)
5. SWOT Analysis
6. Socio-Economic Desirability
7. Financial
8. Socio-Economic Desirability
9. Legal and Taxation
FINDINGS
The findings are locations that are engaged, substantiate, and gathered
from the research. The proponents were taking parts in getting decisions.
Management Aspects
Business requires understanding financial matters, whereas management
is different from running the financial aspects of the business – it needs to grasp
compound scheme, how they manage, and the essence of organizations, what
happens when people socialize in groups and how to motivate and guide people.
Management aspects refer to how the person in charge sees things and run
things. Every company has its various techniques to run a business and to reach
its mutual goal which to be able the business to be successful. It will also help
expound further the significance of the organization as a management team.
Accessories Corner’s (AC) management team comprises of the Owner/Manager
Ms. Divine Grace B. Arquillano, Bookkeeper Ms. Kate Iña G. Kiunisala, Sales
Person Kate L. Pineda and lastly Sub-contractor Lester John Lester G. Layson.
The organizational chart is a vital part of a business; it epitomizes the
management roles as well as their full responsibilities regarding their degree.
Through the proper interpretation of authority, the successful management and
progress of the team will be attainable.

Marketing Aspects
A. Product Development
Accessories Corner innovate a customized and unique accessory,
Bling. It is a combination of belt and sling. It is a two-way used accessory
with a special feature of a secret pocket. It can be worn around the neck
like a sling or tied around the waist as a belt.
B. Place
The location of Accessories Corner’s production area is at 509-R
Tormis Street, Sambag 1, Cebu City. The location of the display area is at
#18 New Era Street, Mabolo, Cebu City.
C. Promotion
Accessories Corner uses different promotional tools to persuade
customers, promote their product and the business. Leaflets are one of
the promotional tools that are used to advertise the product. It contains the
information about the product, and it is printed and to be distributed to the
customers. A tarpaulin has the same purpose as the leaflets, but it is to be
displayed at a place where people can see it. A business card is a tool
containing the owner’s name and personal business information. Like
leaflets, it is also to be printed and to be given to the customers. Online
advertisements are tools used in advertising the product through its
different social networking site like facebook.

D. Pricing
Accessories Corner used the cost-plus pricing method with a profit
percentage of twenty percent (20%). It will be added to the cost of
production of the product to get the reasonable selling price of the product.
The selling price of Bling is ₱232.00.
Technical Aspects
The essentiality of the business will be consumed once the operation has
started. An enterprise should fortify a compendious and viable marketing strategy
to gain a competitive advantage in the market. The enterprise ensured that the
technicalities; such as Business Hours, Product Description, Product Research
and Development, Process Flow Chart, Furniture and Fixtures, Operational
Rules and Regulations, Storage Area or Process, Waste Management and
Utilities, which will aid the enterprise’s success in the long run.
Market Research Analysis
The Accessories Corner embraces a long-established procedure of
handling market research in that it will help them t determine the feasibility of
their proposal before committing the essential scheme to the enterprise. The
junior and senior high school, students of Mabolo National High School is the
subjects of the research. As the school year 2017-2018 there were two thousand
two hundred seventeen (2,217) students and a total of three hundred thirty-eight
(338) sample size. The outcome of the survey testifies that majority of the
respondents; wears belt for their pants, shorts or dresses, are wearing I.D slings,
find belts and sling convenient and useful, like multi-purpose product, are willing
to buy one (1) of the proponents proposed product Bling, and lastly majority of
the respondents prefer black color and simple clothing for the product, Bling.
Legal and Taxation Aspects
At this point, having permits is a must for every business to be authorized.
In having business permits, the company needs to undergo different government
offices namely: City Mayor’s Office, Barangay Hall, Department of Tourism and
Industry (DTI), City Health, Social Security System (SSS), Philippine Health
Insurance (PhilHealth), PagtutulungansaKinabukasan: Ikaw, Bangko, Industria,
at Gobyerno (Pag-IBIG), Bureau of Internal Revenue (BIR), and Department of
Labor and Employment (DOLE) in order for the business to be secured. For us to
know how to get their percentage tax, just multiply the Gross Sales by 3%, on the
other hand, income tax will be computed just Taxable Compensation Income
(positive) or Excess of Deductions over Taxable Compensation Income
(negative) and then multiply the tax due for the taxable year using the tax rate
table.
Financial Aspects
The initial investment needed to start the operation of the proposed project
is rounded up to ₱86,000. Accessories Corner has one (1) year and eleven (11)
months to recover all its investment from its business venture.
Socio-Economic Desirability
Generally, the success of a business is not only measured or established
by its profitability, but also by how their economic activities affect the society.
This aspect discusses in sufficient detail, the responsibilities and relationship of
the business towards the community within which it operates.
In the implementation of this product, the students and employees would
be the beneficiaries. The proposed business, “Accessories Corner” shall not just
offer a high quality of products but also to satisfy the needs of the society. This
enterprise aims to reduce the barriers by giving opportunities to employment
which will downsize the amount of unemployment rate of the place. The
enterprise aimsto lessen the struggles of the students and employees by
providing them with the best product of all time.
The company prioritizes their consumers because they are the one who
will be benefited to the said product and to make sure that the customers won’t
regret buying it, the company implements to live out their organizational
objectives.
SWOT Analysis
A successful business founded on a series of sound decisions, so the way
proponents analyze situations and choose to react essentially. The primary goal
of a SWOT Analysis is to help firms develop a full awareness of all the factors
involved in a business decisions.
There is aninternal risk (strengths and weaknesses) and external factors
(opportunity and threats) that may generate risks which may lead to the downfall
of the business once the operation has started, and yet it would also give
benefits to the company. The firm should thoroughlyanalyze to formulate the

solution to every problem that may help the firm get through with it and be
productive.
Internal risk involves strengths that allow the firm to have better decision
making, planning and management and also the weaknesses which are the
given procedure or variables that every business possessed. The identified
resources of AC are money, materials, machines, methods, human resources,
and management.
External risks involve opportunities which provide an organization with
greater means to improve the performance and the capability of the business
while in threats it does not give profit to the firm rather hindrances. The identified
factors of Accessories Corner are the socio-cultural, technology and technical,
economic, political and population trends.
Conclusion
After reviewing the study and analysis from each of the eight (8) aspects,
the proponents concluded that “The Proposed Production and Distribution of
Bling by the Accessories Corner” which is along #18 New Era Street, Mabolo,
Cebu City, is feasible.
Recommendation
Accessories Corner’s result gathered after a study; it is recommended of
the distribution of Bling is at #18 New Era Street, Mabolo, Cebu City, be
implemented.
REFERENCES
(Pat. No. US6691904 B2, 004)
(Origins of the Lanyard, Douglas Austin, 2016)
(History of Belts 1920-1960, Jenny Mearns)
(US. Pat. No. 3,861,813 issued Jan. 21, 1975)
https://www.google.com/search?ei=PWWMXb6pON3dmAWXvqbIBg&q=lanyard
+meaning&oq=lanyard&gs_l=psy-
ab.1.0.0i67l6j0l4.64041.65084..67263...0.1..0.116.642.5j2......0....1..gws-
wiz.......0i71j0i273j0i131j0i131i67.GcDnvChPF50
https://www.google.com/search?ei=gmWMXcuGDa62mAWX85_QBA&q=array+
meaning&oq=array+meaning&gs_l=psy-
ab.3..0i131i67i70i249j0i7i30j0j0i7i30l3j0l4.103104.103670..104377...0.1..0.147.5
46.3j2......0....1..gws-
wiz.......0i71j0i67j0i7i30i70i249.iV9g5RdsOSk&ved=0ahUKEwjLz5i_-
O3kAhUuG6YKHZf5B0oQ4dUDCAs&uact=5
https://vintagedancer.com/vintage/history-of-belts-1920-1960/
http://www.wovenlanyards.com/blog/2014/12/2/the-history-of-lanyards-from-
swashbucklers-to-security
APPENDICES
APPENDICES
APPENDIX A – LETTERS AND CERTIFICATIONS
A-1 Grammarly and Plagiarism Certificate
A-2 Letter to the Registrar
A-3 Letter to the Principal
A-4 Certificate of Appearance (Department of Science and Technology)
APPENDIX B – LETTER TO THE RESPONDENTS AND SURVEY
QUESTIONNAIRE
B-1 Letter to the Respondents and Survey Questionnaire
APPENDIX C – FORMS AND PERMITS
C-1 Barangay Clearance (Barangay Hall)
C-2 Mayor’s Permit (Office of the Mayor)
C-3 Sanitary Permit (City Health)
C-4 Department of Trade and Industry (DTI)
C-5 Social Security System (SSS)
C-6 Philippine Health Insurance Inc. (PhilHEALTH)
C-7 Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industria at
Gobyerno (PAG-IBIG)
C-8 Bureau of Internal Revenue (BIR)
C-9 Department of Labor and Employment (DOLE)
APPENDIX D – CURRICULUM VITAE
APPENDIX E - DOCUMENTATION
APPENDIX A
LETTERS AND CERTIFICATIONS

Appendix A-1 Grammarly and Plagiarism Certificate
Appendix A-2 Letter to the Registrar
Appendix A-3 Letter to the Principal
Appendix A-4 Certificate of Appearance (Department of
Science and Technology

APPENDIX B
LETTER TO THE RESPONDENTS AND SURVEY
QUESTIONNAIRE
Appendix B-1 Letter to the Respondents and Survey
Questionnaire
APPENDIX C
FORMS AND PERMITS

Appendix C-1 Barangay Clearance (Barangay Hall)
Appendix C-2 Mayor’s Permit (Office of the Mayor)
Appendix C-3 Sanitary Permit (City Health)
Appendix C-4 Department of Trade and Industry (DTI)
Appendix C-5 Social Security System (SSS)
Appendix C-6 Philippine Health Insurance Inc. (PhilHEALTH)
Appendix C-7 Pagtutulungan sa Kinabukasan: Ikaw, Bangko,
Industria at Gobyerno (PAG-IBIG)

Appendix C-8 Bureau of Internal Revenue (BIR)
Appendix C-9 Department of Labor and Employment (DOLE)
APPENDIX D
CURRICULUM VITAE
CLASSICA S. ABANID
Phone: 0927 580 8676
Email Address: Classica.Abanid143@gmail.com
Home Address: Cabrera Compound, 21-B E. Sabellano Street, Cebu City
PERSONAL DATA
Birthdate: June 06, 1995
Birthplace: Metro Manila
Civil Status: Single
Religion: Roman Catholic
Mother’s Name:Erlinda S. Abanid
Father’s Name: Anthony A. Abanid
EDUCATIONAL BACKGROUND
Primary: Media Once, Elementary School
Address: Media Once, Toledo City
Secondary: San Ildefonso National High School
Address: San Ildefonso, Bulacan
Tertiary: University of San Jose-Recoletos
Address:Magallanes Street, Cebu City
WORK EXPERIENCE
COMPANY POSITION YEAR
 RA.Gapuz Review Marketing Assistant 2012-2014
Center
 Farronccino Café Sales Representative 2014-2015

DIVINE GRACE B. ARQUILLANO
Phone: 0977 051 9056
Email Address: Debayngres@gmail.com
Home Address: MaboloCebu City
PERSONAL DATA
Birthdate: April 5, 1997
Birthplace: Cagayan de Oro
Religion: Catholic
Mother’s Name: Anita C. Arquillano
Father’s Name: Stephen Teodoro P. Arquillano (+)
Primary: Cebu Eastern College
Address: Leon Kilat Street, Cebu City
Secondary: Cebu Eastern College
Address: Leon Kilat Street, Cebu City
Tertiary:University of San Jose-Recoletos

AFFILIATION
 Member, JBEES A.Y. 2017-2018

ABIGAYLE B. CATALAN
Phone: 0923 908 5279
Email Address: abigaylecatalan@yahoo.com
Home Address: Z1-201 Felicitas Village, Plaridel
Street, Looc, Mandaue City
PERSONAL DATA
Birthdate: November 27, 1998
Birthplace:Batangas City
Mother’s Name:Emilinda B. Catalan
Father’s Name: Edgardo E. Catalan
Primary: Saint Bridget College
Address: M.H DelPilar Street, Batangas City
Secondary: Saint Bridget College
Address: M.H DelPilar Street, Batangas City

AFFILIATION

MA. LIZA P. GILLERAN
Phone: 0946 039 7973
Email Address: emelgilleran31@gmail.com
Home Address:Lahug, Cebu City
PERSONAL DATA
Birthdate: January 31, 1998
Birthplace: Cadiz City, Negros Occidentel
Religion: Catholic
Mother’s Name:Monaliza P. Gilleran
Father’s Name:Recarido P. Gilleran
Primary:Lacawon Elementary School
Address:Lacawon Island, Barangay Cadiz Viejo, Cadiz City, Negros Occidental
Secondary: Cadiz Viejo National High School
Address:Lacawon Island, Barangay Cadiz Vieojo, Cadiz City, Negros Occidental

WORK EXPERIENCE
 Lacawon Beach Resort Intern 2017
and Spa
AFFILIATION
 Representative, JBEES A.Y. 2015-2019

MARY JOY L. INOT
Phone: 09272919774
Email Address: inotmaryjoy22@gmail.com
Home Address: Bankal Lapu - Lapu City
PERSONAL DATA
Birthplace: Bankal Lapu - Lapu City
Mother’s Name: Emiliza L. Inot
Father’s Name: Rolando C. Inot
Primary: Bankal Elementary School
Address: Bankal Lapu - Lapu City
Secondary: St. Joseph School - Mactan
Address: Mactan Lapu - Lapu City
Tertiary: University of San Jose - Recoletos
AFFILIATION

KATE INA G. KIUNISALA
Phone: 0975 178 5120
Email Address: kkiunisala09@gmail.com
Home Address: 509 R. Tormis Street, Sambag 1,
Cebu City
PERSONAL DATA
Birthdate: August 09, 1998
Birthplace:Ormoc, Leyte
Mother’s Name: Regina Isabel G. Kiunisala
Father’s Name:Romel A. Kiunisala
Primary:Southwestern University
Address: Aznar Road, Urgello, Cebu City
Secondary:Southwestern University
Address: Aznar Road, Urgello, Cebu City

WORK EXPERIENCE
 Insular Life Intern 2018
 Tech Mahindra Customer Representative 2018
 Property Platinum Realty Sales Representative 2018
and Brokerage
AFFILIATION
 President, JBEES A.Y 2018-2019
 Assistant Treasurer, Commerce Chamber of Presidents A.Y 2018-2019
 Member, JBEES A.Y 2015-2019

JOHN LESTER G. LAYSON
Phone: 0997 340 4314
Home Address:Bogo City, Cebu
PERSONAL DATA
Birthdate: July 30, 1998
Birthplace:Bogo City
Mother’s Name:Marife G. Layson
Father’s Name: Renato C. Layson
Primary:Bogo Central School 2
Address: San Vicente Street, Bogo City
Secondary: Cebu Roosevelt Memorial Colleges
Address: San Vicente Street. Bogo City

MA. IRISH PACULBA
Phone: 0966 450 2913
Email Address: irishppaculba@gmail.com
Home Address: Nueva Caceres, Oslob, Cebu
PERSONAL DATA
Birthdate: January 19, 1998
Birthplace: Oslob District Hospital
Mother’s Name: Maria Grethel V. Paculba
Father’s Name: Ireneo A. Paculba
Primary: Granada Elementary School
Address: Granada,Boljoon, Cebu
Secondary: Pungtod National High School
Address: Pungtod, Oslob, Cebu
Tertiary: University of San Jose - Recoletos
Address: Magallanes Street, Cebu City

KATE L. PINEDA
Phone: 0995 410 8917
Email Address: pinedakate31@gmail.com
Home Address:Purok 5, Nangka, Consolacion, Cebu
PERSONAL DATA
Birthplace: Lying-in Consolacion
Mother’s Name: Josephine Pineda
Father’s Name: Ferdinand Pineda
Primary:Consolacion Central School
Address:Poblacion Oriental, Consolacion, Cebu
Secondary:Consolacion National High School
Address: National Highway Road, Poblacion Occidental, Consolacion, Cebu

APPENDIX E
DOCUMENTATION

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Vision Statement

Accessories Corner aims to be the leading producer of a world-class

accessory with its uncompromising principle – one accessory, one neighborhood,

one life at a time.

To provide high quality, distinct and fashionable accessories that is

suitable for every need to meet the customer’s satisfaction.

THE PROBLEM AND ITS SCOPE

Business is known as the practice of making one’s living by engaging in

commerce; it may also mean as a person’s regular profession, or trade. In order

to attain customer’s satisfaction, a company is being created. Accessories

Accessories Corner (AC) aims to become a well-renowned company that will be

known for producing unique, quality and affordable designed accessories.

The Rationale of the Study

Fashion creates a well profound sense of identity as it is being drawn out

fashion styles such as Vintage, Casual, Sports and among others.

In today’s generation, unique and customized stuff are very prominent.

product creation, hence the name “A 2 – in – 1 Bling”. A accessory designed for

accessory with a special feature of a secret pocket. The purpose of our

customized product is to offer people something uncommon but useful type of

continuous development of the product is considered by the company to alter the

satisfaction of the customer.

The basis of our study is to conduct a subsequent introduction of a unique and

customized product which is the innovation of Bling.

keeping robes together. (History of Belts 1920-1960, Jenny Mearns)

A loop lanyard adapted as a necktie hold-down, to display on a person,

in the form of a clasp, ring, clip, or pressure closed hook to accommodate

medium to be displayed. (Pat. No. US6691904 B2, 004)

Lanyards were originally invented to prevent the risk of losing an object to

their coat to defend themselves against enemies. (Origins of the Lanyard,

Douglas Austin, 2016)

S. M. Seron discloses a lanyard is having a retainer from which an object

invention, therefore, is intended to provide an economical and easy method of

3,861,813 issued Jan. 21, 1975)

The theoretical background of the business plan entitled “ A Proposed

Manufacturing and Distribution of Bling” the Accessories Corner (AC) proponents

and fashion that meets the customer’s satisfaction.

Flow of Research Process

particular study. It showed a graphically symbolic presentation of a process, and

it is consist of the input, the process, and the output.

emphasize in identifying the primary resources of AC that enable them to stay in

and high-quality product that will meet the customer’s satisfaction.

formulation, distribution, and retrieval of the questionnaires.

fashion and applying on it. Accessories Corner leads to customizing things to

by creating and customizing new accessories.

Figure 1 shows the Accessories Corner’s Research Flow Chart

Statement of the Problem

The purpose of the study is to determine the attainability and viability “A

Proposed Production and Distribution of Bling” at Mabolo National High School.

Specifically, it aimed to answer to the following questions:

the following aspects:

1.1 Management Aspects;

1.2 Marketing Aspects;

1.3 Technical Aspects;

1.4 Legal and Taxation;

1.5 Financial Aspects;

1.6 Financing Aspects;

1.7 Socio-Economic Aspects; and

1.8 SWOT Analysis?

2. Based on the findings, what recommendations can be to proposed “A

Proposed Production and Distribution of Bling”?

SIGNIFICANCE OF THE STUDY

primary importance of this innovation. Its significance is to provide contentment

The study provides affordable designed accessories to those who wants