I.

PROJECT IDENTIFICATION
A. Name of the Business: Your One Stop Rice House
B. Name of the Entrepreneur: ___________
C. Contact Number: _______________
D. Project Location: Bacon, Sorsogon City
E. Project Duration: January 16, 2021- January 16, 2026
F. Objective Business:
To deliver absolute customer loyalty and value for their money by serving inexpensive an
d delicious rice. It aims to go an extra mile to provide its clients with the ultimate dining experie
nce by offering efficient service in a safe and cozy atmosphere in selecting rice.

II.BRIEF DESCRIPTION OF THE PROJECT

For farmers, buyers, and governments in most of Asia and in many other parts of the worl
d, the price of rice is a key variable. While rice prices on the world market have decreased over ti
me, domestic prices are more critical for farmers and consumers. There will be 3 variety of rice
to be sell these are: brown rice, NFA and Commercial Rice.

III.MARKETING PLAN
Most of the reasons they got used to eating rice every meal were their reasons while others
preferred bread claimed that they were on a diet. More than 80 percent preferred rice over bread
from the survey we performed among residents in Bacon.
According to studies Filipino-inspired restaurant, loosely based on the Filipino
Carpinteria’s, which are affordable roadside eateries found all over the Philippines. Typical eatery
in locality includes both traditional and modern Filipino Dishes, as well as referencing other South
East Asian flavors. This study proves the need of rice and each Filipinos menu.
A. Product Description
 Commercial Rice includes Dinorado Rice is an unhusked rice that produces aromatic
and expensive rice usually eaten by wealthy families in the Bicol Region. Second one
is Sinandomeng Rice comes from the word regular. It is the regular rice. It has different
kinds, special, fancy and regular. According to the seller, it is soft and delicious. The
last one is Jasmine Rice, sometimes known as Thai fragrant rice, is a long-grain variety
of rice that has a nutty aroma and a subtle and pandan-like flavor.

 NFA Rice NFA rice is the cheapest type of rice available in the market which is
intended for the poorest Filipinos.
  Brown rice is partly milled or un milled rice. It is a kind of whole grain. It has a mild
nutty flavor and is chewier than white rice and it is far more nutritious. In Asia, during
the wartime etc., brown rice was associated with poverty and use as a cure of
constipation. But now, it is more expensive than the white rice because of the low
supply and difficult to store.

B. Target Market
Since your one stop One Stop Rice House will be situated in near of Bacon East Central
School, primarily staff and student parents will be our primary target market. On the basis of the
study conducted, 24 out of 30 parents said that the rice variety is favored compared to the stores
located near the school.
C. Terms of Sale
According to study conducted in nearby stores selling variety of rice can be seen that NFA
rice is the cheapest which costs 18 pesos per kilo. Commercial rice prices range from 30-40 pesos
per kilo. Brown rice, on the other hand is the most expensive which costs almost double that of
commercial rice.
D. Price and Pricing

Price

18

40

80

Commercial Brown Rice NFA

Commercial Rice Pricing

Price of Commerical Variant

35
45

31

Dinorado Sinandomeng Jasmine

E. Projected Sales
Total capital investment: 180,500 pesos
This includes rental, equipment, pre-operating costs expenses, planning costs and working capital
Projected Income
First year: 201,274.80
Second year: 144,302.28
Third Year: 201, 940
Fourth Year: 189,000
Fifth Year: 103,890
Return on investment: 201,274.8/180,500 = 111%
lV. TECHNICAL PLAN
A. Project Location
One of the company's goals is to be in a strategic position. In order to guarantee a lot of
clients, there should be many individuals around. The location of the stall will, as such, be along
the highway located near Bacon East Central School. Although there are food establishments in
the region, in terms of the rice-in-a-box model, there are no competitors.
B. Construction of Facilities
Your one stop rice house will rent a commercial space located near Bacon East Central
School for a 5, 000 per month. The building is already constructed and ready to be operated.
C. Technical Production Process
One stop rice house will not produce and will be a retailer kind of business. starting a rice
retailing business or bigasan makes a lot of sense. You have consumers who buy in great numbers
and food establishments who order in bulk. Thus, becoming a rice dealer or retailer can net you
good profits because of its daily demand. And with a low starting capital of about P80,000 to
P120,000 — it’s also an affordable business to start as well.
D. Utilities
 NFA License Requirements can be procured at the nearest NFA office that has jurisdiction
over the location of your business. You will be given an application form from a Licensing
Officer (LO) after paying an application fee of P100.
 Weighing Scale Standardized by DTI
 white-painted rice boxes
 signboard that is 45 cm wide and 75 in length that shows the business name, the NFA
control number, and the words “Licensed Grains Retailer” or “Wholesaler” to complete
your legal requirements for selling rice.

E. Labor Requirements
Despite fluctuations in the performance of a company, fixed labor costs remain the same,
according to the Small Business Administration (SBA). The obvious examples of fixed labor cos
ts are owners and workers who receive a fixed wage regardless of the total hours worked. One ad
vantage of fixed labor costs is that company owners stop paying management and supervisory w
orker’s overtime. Therefor this company will apply the fixed labor cost to maximize its income
since its only a SBA.

Business Workers Number of Workers Regular Payment/Day

Sales Agent 1 300
Accounting 1 350
 Finance Manager 1 400
Inventory 1 300
Regular Staff 3 250
Total 7 1300/Day

V. MANAGEMENT PLAN

A. Form of Business Organization

The form of business organization that will be implemented in the business will be partnership.
These come in two types: general and limited. In general partnerships, both owners invest their
money, property, labor, etc. to the business and are both 100% liable for business debts. In other
words, even if you invest a little into a general partnership, you are still potentially responsible for
all its debt. General partnerships do not require a formal agreement—partnerships can be verbal
or even implied between the two business owners.

Limited partnerships require a formal agreement between the partners. They must also file a
certificate of partnership with the state. Limited partnerships allow partners to limit their own
liability for business debts according to their portion of ownership or investment.

Advantages of partnerships:
 Shared resources provide more capital for the business
 Each partner shares the total profits of the company
 Similar flexibility and simple design of a proprietorship
 Inexpensive to establish a business partnership, formal or informal
Disadvantages:
 Each partner is 100% responsible for debts and losses
 Selling the business is difficult—requires finding new partner
 Partnership ends when any partner decides to end it
B. Organizational Structure

Business
Presidents

Marketing Sales
Finance manager
Agent

Accounting Advertising Inventory

Regular Sales
Staff

C. Organization of Activities
 Business Presidents – Owner of the Company
 Marketing Sales Agent-An advertising sales agent sells advertising space to businesses and
individuals. They will contact potential clients, make sales presentations, maintain client
accounts, and often work under pressure to meet sales quotas.
 Finance Manager- Financial managers are responsible for the financial health of an
organization. They produce financial reports, direct investment activities, and develop
strategies and plans for the long-term financial goals of their organization. Financial
managers work in many places, including banks and insurance companies.
 Accounting- they are responsible for telling you whether or not you’re making a profit,
what your cash flow is, what the current value of your company’s assets and liabilities is,
and which parts of your business are actually making money.
 Regular Sales Staff-
 Inventory-
VI. FINANCIAL PLAN
A. Capital Requirement
Equipment 42 000
Utilities 63 000
Marketing Expenses 10 000
Business Permits 2 500
City Tax 5 000
Installation of Electrical Requirements 3 000
Working Capital 50 000
Rent 5 000
Total 180 500

B. Source of Financing
- The source of project financing will be generated from internal funds 90,250. Proponent
total capital investment Php 180,500.
C. Projected Financial Statements
The projected income statement of the project is shown below in table. The project will realize
net income of Php139,500 in the first year of operation, Php139,500 in the second year,
Php139,500 for the third year, Php139,500 in the fourth year, and Php139,500 for the fifth year
This reveals that the enterprise is profitable.
Item First Year Second Third Fourth Fifth
Year Year Year Year
Revenue
Sales 450,060 301,302 401,904 389,000 403,890
Other Sales 200 200 200 200 200
Total Sales 450,260 301,502 402,104 389,200 404,090
Less: production cost
Equipment 42,000 - - - -
Utilities 63,000 - - - -
Marketing Expenses 10,000 10,000 10,000 10,000 10,000
Business Permits 2,500 - - - -
Working Capital 50,000 50,000 50,000 50,000 50,000
 Installation of Electrical 3,000 - - - -
Requirements
Rent 60,000 60,000 60,000 60,000 60,000
TOTAL COST OF 230,500 120,000 120,000 120,000 120,000
PRODUCTION
GROSS PROFIT 219,760 181,502 282,104 269,200 284,090
Less: operating expenses
Laborer 127,500 127,500 127,500 127,500 127,500
City Tax 5,000 5,000 5,000 5,000 5,000
Depreciation 7,000 7,000 7,000 7,000 7,000
TOTAL OPERATING 139,500 139,500 139,500 139,500 139,500
EXPENSES
NET INCOME INTERES 139,500 139,500 139,500 139,500 139,500

PROJECTED CASH FLOW STATEMENT

The total cash inflow of the enterprise in the first year will be Php630, 760, while the total cash
outflow is Php363, 000. The net cash inflow is Php267, 760, and the ending cash balance is
Php267, 760. In the second year, the total cash inflow will be Php630, 760, while the total cash
outflow is Php252, 500. The net cash inflow is Php378, 260, and the ending cash balance will be
Php378, 260. In the third year, the total cash inflow is Php630, 760, while the total cash outflow
is Php378, 260. In the fourth year, the total cash inflow will be Php630, 760, while the total cash
outflow is Php252, 500. The net cash inflow is Php378, 260, and the ending cash balance will be
Php378, 760. In the fifth year, the total cash inflow is Php630, 760, while the total cash outflow
is Php252, 500. The net cash inflow is 378,260 and the ending cash balance is 378,260.
D. Profitability Analysis
Item First Year Second Third Fourth Fifth Year
Year Year Year
CASH INFLOW
Sales 450,060 301,302 401,904 389,000 403,890
Other Sales 200 200 200 200 200
Organization 90,250 90,250 90,250 90,250 90,250
Cash equity capital 90,250 90,250 90,250 90,250 90,250
TOTAL CASH INFLOW 630,760 630,760 630,760 630,760 630,760
CASH OUT FLOW
Equipment 42,000 - - - -
Utilities 63,000 - - - -
Marketing Expenses 10,000 10,000 10,000 10,000 10,000
Business Permits 2,500 - - - -
City Tax 5,000 5,000 5,000 5,000 5,000
Installation of Electrical 3,000 - - - -
Requirements
Working Capital 50,000 50,000 50,000 50,000 50,000
Rent 60,000 60,000 60,000 60,000 60,000
Laborer 127,500 127,500 127,500 127,500 127,500
TOTAL CASH OUTFLOW 363,000 252,500 252,500 252,500 252,500
Net cash inflow 267,760 378,260 378,260 378,260 378,260
Ending cash balance 267,760 378,260 378,260 378,260 378,260

E. Conclusion
When the studies conducted by the researchers there will be barriers in entry in this type of
business. Rice is part of every Filipinos stable and most booming product in the Philippines since
rice is the food that most Filipinos can’t live without. Upon finding the different varieties of rice,
the researchers concluded that it will be hard to compete with established rice brands, sold in
established rice brands, sold in established supermarkets. Hence, the team is planning to find a
supplier in which the viability of the business will be assured. With a right supplier and just pricing
one stop rice house will be known in the region, selling the different varieties or rice is life. In this
pandemic people tends to hoard everything they can. Rice always run out in the market, but the
one stop rice house will be having a supplier that is ready to comply with the demands arising.
One stop rice house can assure customers that upon having a low price rice doesn’t mean their
buying inferior one and if the rice is quite pricy customers get what they paid for.

https://fitzvillafuerte.com/5-important-tips-starting-rice-retailing-business-bigasan.html
https://www.rifkindpatrick.com/Blog/2015/November/The-4-Major-Business-Organization-
Forms.aspx#:~:text=There%20are%204%20main%20types%20of%20business%20organization
%3A,are%20used%20in%20the%20scope%20of%20business%20law.
https://www.careerexplorer.com/careers/advertising-sales-agent/