Nap to the Top!

Antiporda, Kimverlee P. Nerval, Lisamari Jenisse

Bo, Kimberly Ghaile Impang, Shainette Marvy
Bonifacio, Joshua Ryan C. Sebastian, Elisha Margaret O.
Torres, Neil Matthew V.
Castro, Joshua Danielle
Chapter 1 - Introduction

• Naps are good for one’s mood

• 46% of Filipinos are sleep deprived
• Sleeping is our body’s way to replenish our body and maintain our
health.
• Sleep loss means mind loss
• Nap to the Top will provide the comfort naps that you need
• OLFU Antipolo Campus - student population ranging up to 8,000 in 2018
• University Lounges are designed for studying and relaxation
• “Take a Nap, Change your Life” – Sarah Mednick
Chapter 1 - Introduction
Chapter 2 – Project Background and History

Project Proponents
• Antiporda
• Bo
• Bonifacio
The project’s purpose is to provide affordable
• Castro and comfortable napping services for the
• Impang enjoyment and relaxation of our customers.
• Nerval
• Sebastian
• Torres
Chapter 2 – Proposed name of the Project

“Nap to the Top!”

Chapter 2 – Vision, Mission
VISION
Nap to the Top! envisions a safe
place for students to be
comfortable and well-rested
individuals who can perform better
at their academics and conquer the
world, one nap at a time.
MISSION
Our Mission is to provide napping and
lounging services to students to help
them focus and excel more in their
academic journey. To provide a
comfortable and conducive environment
for their much needed rest and
relaxation.
Chapter 2 – Logo of the Business
Chapter 2 – Type of Business & Business
Organization

• Napping services for the

customers by means of
renting beds and lounge
areas to rest on.
• Also includes Internet
access, Coffee, and Finger
foods.
• Shower Area and Lockers
Chapter 2 – Project Location
Chapter 2 – History of the Project

• 2014 – Universities in the US started installing nap

lounges
• Universities in the Philippines started their own lounges
but are not designed for sleeping
• The goal of this project is to let every student relax and
experience this unique yet elegant design
• ”Nap to the Top!” does not only provide sleeping but also
a lounge area
Chapter 3 – Personnel

•Manager
•Receptionist
•Nap Assistants
•Cleaning Staff
Chapter 3 - Salaries
Chapter 3 – Employee Time Schedule
Chapter 3 – Job Description & Specification
Manager
Description
• Sets policies and operations
• Create and coordinate with
local management in the
company to evaluate
employee and company
performance and efficiencies
Specification
• 2-3 years of experience in
the same field
• College Graduate with a
Degree in Business
Administration
• 25-40 years old
Chapter 3 – Job Description & Specification

Receptionist
Description Specification
• Welcomes visitors by greeting • High school degree
them, in person or on the • Proficiency in all Microsoft
telephone software
• Copy, file and maintain paper or
electronic documents and records
Chapter 3 – Job Description & Specification

Nap assistants
Description Specification
• Welcomes visitors by greeting • At least high school
them, in person graduate
• Arranging the workplace • 18 years old and above
Chapter 3 – Job Description & Specification

Cleaning Staff
Description Specification
• Cleaning, supplying and • At least high school graduate
stocking designated facility • 18 years old and above
areas (sweeping, vacuuming,
dusting, mopping, restroom
cleaning etc)
• Performing routine inspection
Chapter 3 – Management Style

• Autocratic Management - is
a decision making that is
made by only one individual
or body in a business
organization

Nap to the Top! Organizational Chart

Chapter 3 – General Company Policies

• Working Hours and Rest Periods Manager/

• Personal Business Receptionist
• Wearing Uniform/ Dress Code
• Use of computers, Telephones and
Equipment
• Termination
• Benefits Nap Assistants
Chapter 3 – General Company Policies

• Disciplinary Actions for Non-Observance of Work Policies

1st offense: Verbal Warning

2nd offense: Written Warning
3rd offense: 5 days suspension
4th offense: Subject for investigation: if found guilty it will be subject for
termination

ZTP (ZERO TOLERANCE POLICY) : Automatic Termination (if proven guilty)

Chapter 3 – General Company Policies

• Resignation

• Absence and Tardiness

• Safety Procedures

• Break Periods
Chapter 3 – Management Paradigm
Chapter 3 – Promotional Activities

• Promotional Activities for the first few months :

• Social Media page
• Brochures
• Tarpaulin
• Promo Card
Chapter 3 – Promo Card
Chapter 4 – Market Description

• It will aim students who desires a relaxing environment to rest in

between classes for a short period of time.

• Competitors:
• Cloud 9 Hotel and Resort – 0.55%
• Antipolo Hostel Karenina – 0.51%
• Hotel Mango – 0.51%
• Hotel Sogo Cainta – 0.45%
• Grand Polo Hotel – 0.25%
• Oyo 132 One Bed and Breakfast – 0.25%
• The Log Inn Hotel – 0.20%
Chapter 4 - Demand Analysis

• Based on the information gathered, there are:

• 12,820 students in Our Lady of Fatima University Antipolo Campus (2018)
including Senior High Students
• Total Average of 27% growth rate per year
Chapter 4– General Marketing Practices

• Government Agencies that the proponents need for registering the

business:
• 1) SEC (Securities and Exchange Commission)
• 2) Barangay Clearance
• 3) SSS (Social Security System)
• 4) PhilHealth (Philippine Health Insurance Corporation)
• 5) PAG-IBIG Fund
• 6) Mayor’s Office
• 7) BIR (Bureau of Internal Revenue)
Chapter 4 – Proposed Marketing Program

• Product Strategy
• Price Strategy
• Place Strategy
• Promotion Strategy
• People
• Process
• Physical Evidence
Chapter 5 – Service Feasibility

• Service Offered – Internet Access

- Finger foods
- Shower Room
- Locker Room
- Lounge Area
- Sleeping Area
-
Chapter 5 – Service Layout
Chapter 5 – Service Process

Nap to the top

Receptionist
Membership and other inquiry

Bunk Beds Common Lounge

Nap Assistants
Assist with Preferred Time
of Area/Pantry Concerns
Chapter 5 – List of Equipments

Equipment No. of Units Unit Price Total Prices

Air Conditioner 4 25,999.00 103,996.00
Computer Set 2 16,990.00 33,980.00
5,200.00
Printer/Scanner/Fax Machine 1 5,200.00

Ceiling Fan 3 1,500.00 4,500.00

Cash Register 1 19,452.00 19,452.00
Security System 1 1,199.00 1,199.00
Refrigerator 1 8,798.00 8,798.00
Wall Fan 20 699.00 13,980.00
Bedside Lamp 20 780.00 15,600.00
Telephone 1 2,250.00 2,250.00
Dispenser 1 3,699.00 3,699.00
Coffee Maker 1 785.00 785.00
Oven Toaster 1 2,999.00 2,999.00
Microwave 1 2,754.00 2,754.00
Biometrics Machine 1 4,999.00 4,999.00
60” Television 1 53, 450 53, 450
Fire Extinguisher 2 1, 250,00 2, 500.00
First Aid Kit 2 180.00 360.00
TOTAL 280, 501.00
Chapter 5 - List of Office Supplies

Fixtures No. of Units Unit Price Total

Reception Table 1 32, 400 32,400.00
Bean Bags 12 600.00 7, 200.00
Shoe Rack 4 599.00 2, 396.00
Bunk Beds 10 14,300.00 143,000.00
Office chair 2 1,200.00 2, 400.00
Filing Cabinet 1 3,400.00 3,400.00
Drawer 4 1,650.00 6, 600.00
Shelving for Stockroom 1 5,300.00
5,300.00
Signboard 1 2,000.00 2,000.00
Backdrop for Reception 1 2,300.00
2,300.00
Extension Socket 4 233.00 932.00
Shelving for Pantry 1 6,500.00 6,500.00
Lights 5 2,400.00 12, 000.00
Pantry Counter 1 40,950.00 40,950.00
Shower Head 2 3,000.00 6,000.00
Carpet Installation 2 7,800.00 15, 600.00
Sink 4 2,850.00 11, 400.00
Toilet 4 5,199.00 20, 796.00
Renovation Cost
1 450, 000
(including Labor) 450, 000
TOTAL 771, 174.00
Chapter 5 – List of Office Supplies

Store Supplies No. of Units Unit Price Total

Mattress 20 4,499.75 89,995.00
Pillows 40 479.75 19,190.00
Blankets 20 553.00 11,060.00
Bed Sheet 20 675.00 13,500.00
Pillow Sheet 40 199.00 7,960.00
Extra Blankets 20 553.00 11,060.00
Extra Bedsheet 20 675.00 13,500.00
Shower Curtain 2 384.00 768.00
Shampoo 24 192.00 4,608.00
Conditioner 24 192.00 4,608.00
Soap 336 30.00 10,080.00
Towel 20 195.00 3,900.00
Face Towel 20 129.00 2,580.00
Toothpaste 48 139.00 6,672.00
Bread 192 65.00 12,480.00
Bread Spread 192 120.00 23,040.00
Water Gallon 2 250.00 500.00
Chips 2400 15.00 36,000.00
Cup Noodles 2400 12.00 28,800.00
Coffee Grounds 48 65.00 3,120.00
Creamer 48 36.00 1,728.00
Tea 48 129.00 6,192.00
Sugar 48 24.00 1,152.00
Chocolate Drink 48 375.00 18,000.00
TOTAL 330,493.00
 Chapter 5 – Service Operation
WORKING HOURS ARRIVAL OF EMPLOYEES AND PREPARATION SERVICE SCHEDULE CLEANING AND CLOSING SUBMIT DAILY REPORT AND CHECKING OF
FOR OPENING INVENTORY
ARRIVAL AND ACCEPTING OF CUSTOMERS PROVIDE SERVICE THAT THE CUSTOMER ASSISTING OBSERVE AND LISTEN TO ALL OF THE
WANTS CUSTOMERS CONCERNS AND REQUESTS OF THE
(IF THEY WANT TO AVAIL CUSTOMER
FOOD, DRINKS TOWELS AND BLANKETS)
(BUNK BEDS OR COMMON LOUNGE)

7:00AM

8:00AM
9:00 AM

10:00AM

11:00AM
12:00PM

1:00PM

2:00PM

3:00PM

4:00PM

5:00PM

6:00PM

7:00PM

8:00PM

9:00PM
Chapter 6 – Financial Feasibility

Major Assumptions
- Amounts are shown in Php
- Partnership starts its operation in the beginning of 2019
- All revenues are on cash basis
- All services are equally availed throughout the year
- Rates are subject to 5% increase every two years
- All revenues are based on 25% target market on population and
also based on 72% demand based on the willingness of respondents
to purchase product
Major Assumptions (cont)

- Population used are 15-29 age group from Antipolo City wherein
28.8% of population are students
- All service revenues are VAT-inclusive
- Services rendered are forecasted to increase by 1.72%, according
to population growth given by Philippine Statistics Office by 2015.
- Average inflation rate of 3.2% in years 2019 to 2023 considered for
purchase of inventories, supplies, utilities, and avertisement
- All purchases and payments are Vat-exclusive
- Office and store supplies will increase by 10% annually
Major Assumptions (cont)

- Assumption of 90% usage of office and store supplies at the end of

each year
- Initial rent payment includes 1-mont h deposit and 2-months
advance
- Straight-line method was used for all fixed assets
- Utilities expense increase 5% annually
- Repairs and maintenance of all fixed equipment will be based at
5% initial balance and subject to inflation
- Salaries will increase 5% annually and subject to inflation
Major Assumptions (cont)

- Bonuses are given to all employees

- SSS, PhilHealth and PAG-IBIG fund will be paid at the next month.
Payment for the last month of the year will be carried over to the
first month of the next year
- In accordance with the Law, the first three quarters shall be
treated as expense while the remaining quarter will be payable
the next year
- Advertising expense will increase 5% annually
- Each partner will withdraw 10,000 every year-end
- Profit & loss are divided equally among partners
Statement of Comprehensive Income

NAP TO THE TAP

Statement of Comprehensive Income
For the Year-ended 2019-2023

2019 2020 2021 2022 2023

Service Revenue 2,471,342.50 2,596,757.31 2,951,298.42 5,097,960.00 6,021,502.20
Less: Cost of Service 1,248,451.45 1,314,481.05 1,421,963.58 1,505,282.89 1,631,937.25
Gross Income 1,222,891.05 1,282,276.26 1,529,334.84 3,592,677.11 4,389,564.95
Less: Operating Expenses 1,497,875.25 1,114,103.55 1,187,708.33 1,265,695.08 1,353,906.01
Income (Loss) before tax (274,984.20) 168,172.70 341,626.51 2,326,982.03 3,035,658.94
Income Tax Expense (Benefit) (82,495.26) 50,451.81 102,487.95 698,094.61 910,697.68
Net Income (Loss) (192,488.94) 117,720.89 239,138.56 1,628,887.42 2,124,961.26
Statement of Financial Position
NAP TO THE TAP
Statement of Financial Position
As of the year ended December 31, 2019 to December 31, 2023

2019 2020 2021 2022 2023

ASSETS
Current Assets
Cash 783,520.36 886,345.00 1,134,790.96 2,957,893.92 5,141,100.98
Security Deposit Receivable 60,000.00 60,000.00 60,000.00 60,000.00 60,000.00
Prepaid Store Supplies 33,049.30 37,517.57 42,589.94 48,348.10 54,884.76
Prepaid Office Supplies 2,898.80 3,290.72 3,735.62 4,240.68 4,814.02
Non-Current Assets
Equipment 277,641.00 277,641.00 277,641.00 277,641.00 277,641.00
Less: Accumulated Depreciation - Equipment (32,123.60) (64,247.20) (96,370.80) (128,494.40) (160,618.00)
Furniture and Fixtures 321,174.00 321,174.00 321,174.00 321,174.00 321,174.00
Less: Accumulated Depreciation - F&F (36,157.30) (72,314.59) (108,471.89) (144,629.18) (180,786.48)
TOTAL ASSETS 1,410,002.57 1,449,406.49 1,635,088.83 3,396,174.12 5,518,210.29

LIABILITIES
Current Liabilities
Salaries & Wages Payable 25,715.00 25,715.00 27,000.75 27,000.75 28,350.79
SSS Contributions Payable 6,310.00 6,310.00 6,370.00 6,370.00 6,610.00
Philhealth Contributions Payable 1,414.33 1,414.33 1,485.04 1,485.04 1,559.29
Pag-IBIG Contributions Payable 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
Utilities Payable 26,737.95 28,973.24 31,395.41 34,020.06 36,864.14
VAT Payable 21,314.23 20,761.97 25,856.00 78,516.68 97,932.45
Income Tax Payable - - 17,611.13 174,523.65 227,674.42
Total Liabilities 82,491.50 84,174.53 110,718.32 322,916.19 399,991.09

CAPITAL
Antiporda, Capital 165,938.88 170,653.99 190,546.31 384,157.24 639,777.40
Bo, Capital 165,938.88 170,653.99 190,546.31 384,157.24 639,777.40
Bonifacio, Capital 165,938.88 170,653.99 190,546.31 384,157.24 639,777.40
Castro, Capital 165,938.88 170,653.99 190,546.31 384,157.24 639,777.40
Impang, Capital 165,938.88 170,653.99 190,546.31 384,157.24 639,777.40
Nerval, Capital 165,938.88 170,653.99 190,546.31 384,157.24 639,777.40
Sebastian, Capital 165,938.88 170,653.99 190,546.31 384,157.24 639,777.40
Torres, Capital 165,938.88 170,653.99 190,546.31 384,157.24 639,777.40
Total Capital 1,327,511.06 1,365,231.96 1,524,370.51 3,073,257.93 5,118,219.19
TOTAL LIABILITIES AND CAPITAL 1,410,002.57 1,449,406.49 1,635,088.83 3,396,174.12 5,518,210.29
- - - - -
Statement of Changes in Partner’s Equity

NAP TO THE TAP

Statement of Changes in Partner's Equity
As of the year ended December 31, 2019 to December 31, 2023

Schedule 2019 2020 2021 2022 2023

Capital, Beginning 1,600,000.00 1,327,511.06 1,365,231.96 1,524,370.51 3,073,257.93
Add:
Additional Investment - - - - -
Net Income (192,488.94) 117,720.89 239,138.56 1,628,887.42 2,124,961.26
Less:
Drawing (80,000.00) (80,000.00) (80,000.00) (80,000.00) (80,000.00)
Capital, Ending 1,327,511.06 1,365,231.96 1,524,370.51 3,073,257.93 5,118,219.19
 Statement of Cash Flows
NAP TO THE TAP
Statement of Cash Flows
For the Year Ended 2019 - 2023

Schedule 2019 2020 2021 2022 2023

CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (192,488.94) 117,720.89 239,138.56 1,628,887.42 2,124,961.26
Depreciation Expense 68,280.90 68,280.90 68,280.90 68,280.90 68,280.90
Add/(Less):
Increase in Security Deposit Receivable (60,000.00) - - - -
Increase in Prepaid Store Supplies (33,049.30) (4,468.27) (5,072.37) (5,758.16) (6,536.66)
Increase in Prepaid Office Supplies (2,898.80) (391.92) (444.91) (505.06) (573.34)
Increase in Salaries & Wages Payable 25,715.00 - 1,285.75 - 1,350.04
Increase in SSS Contribution payable 6,310.00 - 60.00 - 240.00
Increase in Philhealth Contribution Payable 1,414.33 - 70.72 - 74.25
Increase in Pag-IBIG Contribution Payable 1,000.00 - - - -
Increase in Utilities Payable 26,737.95 2,235.29 2,422.16 2,624.66 2,844.08
Increase in VAT Payable 21,314.23 (552.26) 5,094.03 52,660.68 19,415.77
Increase in Income Tax Payable - - 17,611.13 156,912.53 53,150.77
Net Cash provided by Operating Activities (137,664.64) 182,824.64 328,445.96 1,903,102.96 2,263,207.06

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Property and Equipment (598,815.00) - - - -
Net Cash used by Investing Activities (598,815.00) - - - -

CASH FLOWS FROM FINANCING ACTIVITIES

Partners' Drawing (80,000.00) (80,000.00) (80,000.00) (80,000.00) (80,000.00)
Additional investment - - - - -
Repayment of Long-term loans - - - - -
Net Cash used by Financing Activities (80,000.00) (80,000.00) (80,000.00) (80,000.00) (80,000.00)

Net Cash Flow (816,479.64) 102,824.64 248,445.96 1,823,102.96 2,183,207.06

Cash balance, beginning 1,600,000.00 783,520.36 886,345.00 1,134,790.96 2,957,893.92
Cash balance, ending 783,520.36 886,345.00 1,134,790.96 2,957,893.92 5,141,100.98
Current Ratio

2019 2020 2021 2022 2023

Current Asset 879,468.46 987,153.28 1,241,116.52 3,070,482.70 5,260,799.76
Current Liabilities 82,491.50 84,174.53 110,718.32 322,916.19 399,991.09
Current Ratio 10.66 11.73 11.21 9.51 13.15
Quick Ratio

2019 2020 2021 2022 2023

Quick Assets 843,520.36 946,345.00 1,194,790.96 3,017,893.92 5,201,100.98
Current Liabilities 82,491.50 84,174.53 110,718.32 322,916.19 399,991.09
Quick Ratio 10.23 11.24 10.79 9.35 13.00
Gross Profit Margin

2019 2020 2021 2022 2023

Net Sales 2,471,342.50 2,596,757.31 2,951,298.42 5,097,960.00 6,021,502.20
Gross Profit 1,222,891.05 1,282,276.26 1,529,334.84 3,592,677.11 4,389,564.95
Gross Profit Margin 49.48% 49.38% 51.82% 70.47% 72.90%
Operating Profit Margin

2019 2020 2021 2022 2023

Net Sales 2,471,342.50 2,596,757.31 2,951,298.42 5,097,960.00 6,021,502.20
Operating Profit (274,984.20) 168,172.70 341,626.51 2,326,982.03 3,035,658.94
Operating Profit Margin -11.13% 6.48% 11.58% 45.65% 50.41%
Net Profit Margin

2019 2020 2021 2022 2023

Net Sales 2,471,342.50 2,596,757.31 2,951,298.42 5,097,960.00 6,021,502.20
Net Income (192,488.94) 117,720.89 239,138.56 1,628,887.42 2,124,961.26
Net Profit Margin Ratio -7.79% 4.53% 8.10% 31.95% 35.29%
Return on Assest

2019 2020 2021 2022 2023

Net Income (192,488.94) 117,720.89 239,138.56 1,628,887.42 2,124,961.26
Average Total Asset 705,001.28 724,703.25 817,544.42 1,698,087.06 2,759,105.14
Return on Asset -27.30% 16.24% 29.25% 95.92% 77.02%
Return on Equity

2019 2020 2021 2022 2023

Net Income (192,488.94) 117,720.89 239,138.56 1,628,887.42 2,124,961.26
Average Capital 663,755.53 682,615.98 762,185.26 1,536,628.97 2,559,109.60
Return on Equity -29.00% 17.25% 31.38% 106.00% 83.04%
Payback Period

Payback Period
Initial Investment 1,600,000.00
Cash Inflow Year 1 68,280.90
Cash Inflow Year 2 186,001.79
Cash Inflow Year 3 307,419.45
Cash Inflow Year 4 1,697,168.32
Cash Inflow Year 5 2,193,242.15
3.61
Chapter 7 – Socio-Economic Feasibility

• Nap to the Top! Will provide their corporate social responsibility

to:
• Employee
• Community
• Environment
• Government
• Customers
Chapter 8 – Project Implementation and Time
Table

• Project Planning
Chapter 8 - Project Implementation and Time
Table

• Project Research
Chapter 8 - Project Implementation and Time
Table

• Capital Allocation
Chapter 8 - Project Implementation and Time
Table

• Registration and Licenses

Chapter 8 – Project Implementation and Time
Table

• Hiring and Training of Personnel

Chapter 8 – Project Implementation and Time
Table

• Advertisement and Promotion

Chapter 8 – Project Implementation and Time
Table

• Site Renovation
Chapter 8 – Project Implementation and Time
Table

• Start of Operation
Chapter 8 – Project Implementation and Time
Table