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CHAPTER I
THE PROPOSED PROJECT

Introduction
Catering the Human Resource needs of every
company

by

providing

the

most

logical

personnel

that they need, is a complex profession, which is


therefore what we call a Manpower Agency is doing.
At

the

present

time,

those

pioneering

Manpower

Agencies is still going in progress its because


there

are

companies

(Individuals)

who

still

patronizing the services offered by those Manpower


Agencies even if some of the firms within Cauayan
City have already their own HR Department.
A Manpower Agency could be an International
or may be only for Local; a Manpower Agency could
also

offers

general

specified services.

Objective of the Study

services

or

could

offer

The preparation of this project was guided


by the following:
1.To

ascertain

if

there

is

demand

for

another Manpower Agency.


2.To determine if this kind of business is
practicable to establish.
3.To ascertain the relative

threats

and

opportunities involve therein.


4.To determine the requirements in going to
the foregoing.
Scope and Delimitation
This study will cover the aspects of
marketing, management, financial and technical, it
is

also

involves

in

combination

of

socio

and

economic matters.
The researchers have conducted a query for a
100

respondents

within

the

proposed

location

to

ascertain the demand and forecasted market share.


The proposed business has its specified
range

of

coverage

such

as:

Janitorial

Manpower

Services;

Security

Manpower

Services

and;

Computer/Hardware Manpower Services.


Based on the gathered data, our direct competitors
are those Manpower Agency who provides and offers
local employment.
The proponents target markets are those companies
who are in need of such assistance in terms of
finding the most logical individual to be employed
within their firm.
Project Summary
Name of the Project
The name of the proposed business is
Excellent Manpower Services Inc. The word Excellent
is to describe that EMSI will assured its client
that they are going to be provided a 100% excellent
services. Furthermore, all individuals who will be
our products will definitely highly trained and be
the most logical candidate to be staffed.

Location
The proposed business is situated at 2/F
Perfect Care Bldg. along Quezon St., District 1, in
front

of

Iselco

1,

Cauayan

City,

Isabela.

The

location is easy to find and transportation is very


accessible not just on our part but most especially
to our valued clients.

Description of the Project


Excellent Manpower Services is a manpower
service

provider

for

local

employment

with

specified range of coverage. As a company engaged


in a manpower services, we have a human resource
personnel

that

specialized

in

are

highly

evaluating

qualifies

applicants

to

and
ensure

that we filled the right person to the right job.


It offers Janitorial manpower Services,
Security

Services,

Motor

rewinding,

repair

and

Maintenance

Services

and

Computer/Hardware

Services. Manpower services would be our products


and

services

to

be

offered.

Moreover,

Manpower

shall come from the graduating students from the


schools of Our Lady of Pillar College Cauayan
Campus,

Isabela

State

University

Campus,

System

Campus,

College of Business,

and

Technology

Institute

Cauayan

Cauayan

Education,

Science

Technology, East Asia International

Systems

College Cauayan Campus, University of Lady of


Perpetual Help System Cauayan Campus as well as
the pool of job seekers.
Furthermore, all the job seekers will be
also

considered.

Manpower

shall

undergo

to

conducive training and will end up in providing


excellent

service

for

those

their assistance.
CHAPTER II

companies

who

need

RELATED EXISTING PROJECT

There is only four existing related business


which

is

which

has

therefore

the
a

Jet

Manpower

wide

range

considered

by

and
of

the

General

coverage
proponents

Services
which

is

as

its

direct competitors.
Jet Manpower and General Services
They offer a wide range of services. It is
owned by Mr. Jonathan Medrano and managed by Mr.
Sundy P. Asinas. It is located at 3rd floor, Jems
Bldg., Rizal Avenue Extension, Cauyan CityIsabela.
JD Security and Investigation Agency
They offer a Security Services.It is owned by
Mr. Nicolas S. CruzJr.JD Security and Investigation
Agency is located at F.N. DY Blvd., San Fermin,
Cauayan City Isabela.

SNC Manpower and Services


They also offer a wide range of services. It
is

owned

situated

by
at

Mr.Bartolome
Quezon

St.,

A.Mallillin.
District

I,

It

is

City

of

Cauayan.
ECC Security Agency
They offer such Security Services. It is
owned by Mr. Cacabelos C. Eufemio. It is situated
at DOA FRONIE AVE., San Fermin, City Of Cauayan.

CHAPTER III
MARKETING STUDY

A.Market Description
Excellent Manpower Services is a manpower
service

provider

for

local

employmentwith

specific range of coverage. Its a business that


recruits

job

seekers

to

supply

those

different

companies who are in need of employees.


The proposed project is located in an
accessible

area

for

our

prospective

market.The

proponents target markets are listed below.

FOR JANITORIAL FOR


COMPUTER FOR
SECURITY
SERVICES
SERVICES
SERVICES
1
2
3
4

DRY RUN RESTOBAR


BURBERRY DRIVE-INN
HOTEL
VIOLETA A. SALVADOR
BOOKKEEPING OFFICE
TAGCHEM
DRAGON
DISTRIBUTION, INC

5
ZEST- O CORPORATION
6
THE HOTEL SOPHIA
7
BROADWAY DRIVE INN
HOTEL

LOURDES AND LOREYNA


COPY CENTER
GINGER
INFINITY
COMPUTER SERVICES
SALAMATIN MARKETING
SERVICES
ACELHIAKS.COM
@
INTERNET CAFE
R AND K INSURANCE
SERVICES
HANNAH_NET.COM
&
MERCHANDISE
VOLTAGE
COMPUTER
TECHNOLOGY & SERVICE
CENTER

TOPCROP AGRI MARKETING


DJ PAINT CENTER AND
GENERAL MERCHANDISE
BURBERRY
DRIVE-INN
HOTEL
GOLD CITY PAWNSHOP AND
MONEY CHANGER
AURING'S BAKERY AND
GENERAL MERCHANDISE
MDU ENTERPRISES AND
CONSTRUCTION

FARMACIA GENERIKA

8
9
1
0
11
1
2
1
3
1
4
1
5
1
6
1
7
1
8
1
9
2
0
2
1
2
2
2
3
2
4
2
5
2
6
2
7
2
8
2
9
3
0

PARTY PLACE CINGKO


IDEA
MULTI-PURPOSE
COOPERATIVE
PARMJITSINGH
PEDDLER
LORNA VILLE LEISURE
FARM
ISABELA
UNITED
DOCTORS
MEDICAL
CENTER, INC.
PHILIPPINE
BUSINESS
BANK
RED RIBBON - CAUAYAN
CITY
RAVEN
HELIWORKS
AVIATION
AMORFINO
RESTAURANT
AND
BAKESHOP
CAFE' ISABELA

RADZTECH
COMPUTER
SYSTEM
SHAMA PRAISE INTERNET
CAFE
ISABELA STAR

B. J. ENTERPRISES
REVELYN
CAGURANGAN
VARIETY STORE

IPRINT ENTERPRISES

REIGINE VARIETY STORE


GMG
TRADING
AND
GENERAL MERCHANDISE

SHERS PRINTS AND PAPER


SHOP

TAGCHEM
DRAGON
DISTRIBUTION, INC

KAIDRED'S COPY CENTER

ZEST- O CORPORATION
ARANETA-FERNANDEZ
GENERAL MERCHANDISE

SAEZ GRAPHIC DESIGNS


A.A
CYBERCLOUD
INTERNET CAF
RICHNESS PRINTSHOPPE
& 3D GRAPHIC DESIGN
GENESIS DIGIPRINT AND
SERVICE CENTER
VERJ COPY PRINT AND
GENERAL MERCHANDISE
SOLEIL
GENERAL
TRADING
GREY WIRELESS ACCESS
PROVIDER
HT INNOVATIONS
DS
NETWORK
ENTERPRISES

THE HOTEL SOPHIA


TECHNO
ACT
AND
GENERAL MERCHANDISE
NATTHEW ENTERPRISES
HANNAH_NET.COM
&
MERCHANDISE
KND
SURPLUS
MERCHANDISE
MIX AND BLINGS 925
SILVER JEWELRIES
ATONDUCAN
SILVER
JEWELRIES
BROADWAY DRIVE INN
HOTEL
PCG CONSTRUCTION AND
GENERAL MERCHANDISE
FFT
PHARMACY
&
GENERAL MERCHANDISE
JDM TOY STORE
SIETE LLAVE MEATSHOP
AND GENERAL
RODZON
MARKETING
CORPORATION
CD-R
KING
GENERAL
MERCHANDISE
ANDREIYANA
GENERAL
MERCHANDISE
MALLILLIN
DRUGSTORE
BRANCH III

10

3
1
3
2
3
3
3
4
3
5
3
6
3
7
3
8
3
9
4
0
4
1
4
2
4
3
4
4
4
5
4
6
4
7
4
8
4
9
5
0
5
1
5
2
5
3
5
4

JOEL B. ARIOLA GENARAL


MERCHANDISE
FU'S STORE
A.C.
AQUINO
DRUGSTORE

GENERIC

BM PHARMACY
RYAN ENTERPRISES
QAISLEI
GEN.
MERCHANDISE
LORNA VILLE
LEISURE
FARM
ISABELA UNITED DOCTORS
MEDICAL CENTER, INC.
QUEEN OF THE NORTH
TRAVEL AND TOURS
ALBANO'S PHARMACY
CORDAN ENTERPRISES
VERJ COPY PRINT AND
GENERAL MERCHANDISE
FASTRAK SERVICES, INC.
PHILIPPINE BUSINESS BANK
WINSHER
GENERAL
MERCHANDISE
SOLEIL GENERAL TRADING
SOLEIL GENERAL TRADING
SOLEIL GENERAL TRADING
GOLDEN DRAGON RICE
MILL
RAVEN
HELIWORKS
AVIATION
MALLILLIN
DRUGSTORE
BRANCH 3
BUDDY BOX FOOD AVENUE
FRANDY
GENERAL
MERCHANDISE
TRAVEL HUB TRAVEL AND
TOURS

11

5
5
5
6
5
7
5
8
5
9
6
0
6
1
6
2
6
3
6
4
6
5

WORLD TREKKERS TRAVEL


AND TOURS
AF
AND
V
GENERAL
MERCHANDISING(
CAGAYAN VALLEY TRAVEL
MANAGEMENT
JAS'Z ENTERPRISES
AMORFINO
RESTAURANT
AND BAKESHOP
NTER-NIA
REGION
02
MULTI-PURPOSE
I TECHVIEW ENTERPRISES
SARMSON TRADING
NORMAN
JAMES
ENTERPRISES
NO. 1 MAVEA CORP.
CATBAGAN GEN. MDSE.

The basis of the aforementioned target


markets

is

results.

Based

survey,

most

Cauayan

City

Agency.
B.Demand

the
on

of

proponents

conducted

the

of

all

need

results

the

the

businesses

assistance

from

survey

conducted

situated
a

in

Manpower

12

The advocators have conducted a query to


delineate if there is a demand in this kind of
business.
Based on the conducted survey, the result
shows that 87% of the respondents prefer a Manpower
Agency

to

render

their

company

such

Manpower

Services and the remaining 13% are not interested


of having a partnership with a Manpower Agency. It
shows as well that some of the recruitment agencies
situated in Cauayan City are incapable in terms of
accommodating those companies that are in need of
their

assistance

in

finding

Human

Resources.

Therefore, there is a probability of establishing a


Manpower Agency.

C.Supply

13

Machines, equipment and all other office


supplies

will

Enterprises

be

purchased

situated

CauayanIsabela.

at

at

R.A.

Tagaran,

Bunagan
City

of

R.A. Bunagan Enterprises is the

most trusted supplier of high quality equipment and


all other office supplies which, thus, can provides
us a standardize services.
The Human Resources, who will be supplied
later on for those companies that need it, will be
coming

from

the

schools

of

Our

Lady

of

Pillar

College, Isabela State University-Cauayan Campus,


Isabela College of Arts and Trades and Our Lady of
Perpetual Help System, System Technology Institute,
East Asia International System College, College of
Business
Clare

Education
College,

Furthermore,

all

Science
Isabela

the

considered.
D.Competitive Position

job

and

Technology,

College
seekers

St.

Foundation.
will

also

be

14

There are a four existing related businesses


that the advocators considered as its their direct
rivals

which

General

are

Services,

Security
Security

and

as

follows:

SNC

Manpower

Investigation

Agency.Despite

Jet

Manpower

and

Services,

Agency

that,

and

Excellent

and
JD

theECC
Manpower

Services has its competitive advantage compare to


the aforementioned rivals, its because from the
word

Excellent,

assurance

that

this
they

business
will

offers

provide

an

100%

excellent

services and select the most logical personnel that


was in need by the companies which is considered as
the

target

market.

providing

individuals

who

In

addition,

conducive
are

EMSI

training

intended

to

be

will

for

be

those

staffed

and

supplied in every company that needs it. On top of


that,

Excellent

Manpower

Services

will

surely

provideexcellent services and additionally, it was


situated

in

chosen

location

wherein

it

will

15

become accessible on the part of our prospective


customers.

E.Market Share Analysis

16%
32%

24%

28%

Figure 1.1 Market Shares of Competitors

Based on the question #4(See Appendix A), it


shows that 32% percent of the respondents prefer

16

the assistance provided by the Jet Manpower and


General Services; 16% for ECC Security Agency; 28%
for JD Security and Investigation Agency and last
but definitely not the least, 24% for SNC Manpower
and General Services.

Figure 1.2 Market Share upon Entry

7%
18%

33%

20%
22%

Based on the conducted survey, question #5,


it shows that 33% of the respondents prefer the Jet

17

Manpower

and

Security

Agency;

Investigation
General

General

Services;7%

18%

for

Agency;

20%

Services

the
for

and

ExcellentManpowerServices

for

the

ECC

JD

Security

and

SNC

Manpower

and

upon
Inc.,

22%

entry
out

of

of

100

respondents prefer it.


F.SWOT ANALYSIS
Strengths
o Can provide an excellent services
o Standardized performance
o It is situated in an accessible location for
our prospective customers
o Environmental friendly
o Cost
effective
services

which

affordable by the market


o Capacitated in terms of

accommodating

is

surely

valued customers
Weaknesses
o Not yet known in the market
Opportunities
o Probable demand for international expansion
o Probable demand for branched expansion

the

18

Threats
o Advent of rivals
o Inflation of procured budget

G.Marketing Program
Product and Services
The following are the services offered by EMSI:
o Janitorial Manpower Services
o Security Manpower Services
o Computer
Hardware/Software

Manpower

Services

Qualifications for Janitorial Manpower


o Must be at least High School Graduate
o Must be Hard working
o Male/Female; 21 y/o and above
Qualifications for Security Manpower
o Must be at least High School Graduate
o Willing to destined in any places and to
be deploy either night or day shift
o Male; 21 y/o and above

19

Qualifications for Computer Manpower


o Must

be

College

Graduate

of

Computer

Course or any related courses


o Male/Female; 21 y/o and above

Excellent and Standardized Services is what


does EMSI offered, it render services for those
companies who are in need of Human Resources by
supplying

the

right

personnel

that

they

need.

Personnels shall come from the graduating students


of the schools of Our Lady of Pillar College, Saint
Clare
Asia

College,

System

International

Technology

College,

Institute,

College

of

East

Business

Education Science and Technology, Isabela College


Foundation,

Isabela

State

University

in

Cauayan

City, Isabela College of Arts and Trades and Our


Lady of Perpetual Help System. Furthermore, all the
job seekers will also be considered.

20

Price
The service fee will depend on what are the
professions of individuals that are in need. EMSI
offers and sets price which is surely affordable by
our valued customers. EMSI Manpower Service Fee is
listedbelow.
For Janitorial
Services
2, 657.00

For Computer
Services
3, 567.00

For Security
Services
4165.00

Place
The proposed business is situated at 2/F
Perfect Care Bldg. along Quezon St., District 1, in
front of Iselco 1, Cauayan City, Isabela, wherein,
the proponents will rent on the stated building.

21

Promotion
In the context of marketing mix, promotion
decisions

represents

the

various

aspects

of

marketing communication and in order to impart the


information about our entity and services offered
to

the

market,

EMGSI

will

first

focused

on

the

opening stage of development which is the papyrus


advertisement, printed flyers, wall posters as well
,to create sales messages.

22

CHAPTER IV
MANAGEMENT STUDY
Vision and Mission
Vision
We are envisioned to become competitive in
the field of manpower services and filled the needs
of

our

clients

within

the

limit

of

their

satisfaction and to give our employees a workplace


suitable to their mental and physical needs. In our
pursuit to this vision, we are under legal bounds
to coordinate and keep a close coordination with
the concerned government offices.
Mission
We are committed to provide efficient,
trustworthy and reliable personnel to cope up the
satisfaction

of

our

clients

services to our employees.

and

provide

equal

23

Form of Ownership
A corporation is a legal entity which shall
be formed to by the proponents. Manpower management
shall administer and execute the proposed project.
In

corporation,

the

principal

advantage

of

incorporation is that, because the corporation is


now

the

"owner"

of

the

business,

it

is

the

corporation which is responsible for the debts of


the business. It involved the following individuals
such as the shareholders, board of directors or
officers of the corporation. A corporation has what
we call articles of incorporation and in order to
come up in wise decisions with regards in managing
the business affairs they must take based on it.
Articles

of

incorporation

shall

set

forth

those

duties and responsibilities which mustbe construing


to ensure a congruous relationship.

24

The total financial requirements will be


contributed just and fairly

by those people

who composed the corporation as well as in terms of


distributing such profit and losses.Moreover, the
owners

of

the

corporation

(Stockholders

or

Shareholders) enjoy a limited liability advantage


in the sense that the creditors of the corporation
may only run after the assets and properties of the
business or corporation but not on the personal
assets and properties of the owners.
Successful

execution

of

the

business

operation

would surely come up unto profit maximization.


Objectives
a.To be able to penetrate in the market for
a

long

run

and

to

flout

the

emerging

rivals.
b.To build and maintain good affinity with
our valued customers.

25

c.To

be

the

leading

and

favored

Manpower

Service Provider in Cauayan City.

ORGANIZATIONAL CHART
EMSI ORGANIZATIONAL CHART

Figure 4.1
CHAIRMAN
and
MANAGING DIRECTOR

ADMINISTRATION HEAD
OPERATION HEAD

IT TELECOM

HR HEAD

CUSTOMER RELATION OFFICER

26

MANPOWER MANAGEMENT

DESIGNATION
CHAIRMAN

JOB DESCRIPTION
and

To

look

MANAGING

after

DIRECTOR

interest

the
of

JOB
SPECIFICATION
Educated
to

degree

level

the

preferabl

corporation

y with
a
focus

by

ensuring

that

the

corporation
function for
sustainable
development
of the power
sector

of

the state on
sound

on

on
voluntary
sector
managemen
t
or equivalent
At
least
five
years
experienc

27

commercial

e in an
organizat

principles

ional

and for the


objectives
it

p role
is

created for
Responsible
in
organizing
daily
operation
and managing
committees
Responsible
in
motivating
and

mentor

staff
members
may

leadershi

and
chair

28

meetings
To develop,
design

and

implement
the
strategic
plan

for

their
company
the

in
most

time
efficient
and

cost

effective
manner

ADMINISTRATION
HEAD

Supports
operations

29

by
supervising
staff;
planning,
organizing,
and
implementing
administrati
ve systems
Maintains
administrati
ve staff by
recruiting,
selecting,
orienting,
and training
employees;
maintaining
a

safe

secure

and
work

30

environment;
developing
personal
growth
opportunitie
OPERATION HEAD

s
Responsible/
reports
to
The

Chief

Executive
Officer
Responsible
for ensuring
all
of

aspects
daily

operations
of
EMSI

run

effectively
and
efficiently.
Primary role

31

is

to

provide

the

support
function

to

EMSI

in

order for it
to achieve
its
vision
and
strategic
HR HEAD

objectives
Overseeing

Bachelor

and managing

Degree

all

in

Human

functions in

Resources

specific

area

or

department
He
or
she
plans

and

implements

Business,
or

related
field
required.

32

department

Masters

strategies

in

and

also

Business

takes

part

or

in

the

companys

t
Guides

strategic

and

decisions
ensures

that his or
her allotted
department
(s)
are
working

Resources
Managemen

overall

and

Human

in

manages
the
overall
provision
of

Human

Resources

accordance

services,

with

policies,

goals

such

and
programs
for

the

33

entire
company
With
experienc
e

at

least

years

of

being
superviso
r
At

least

26 y/o
and above

34

COMPENSATION SCHEME

EMPLOYEES
MONTHLY SALARY
Chairman and
Managing
20, 000.00
Director
Administration
Head
10, 000.00

YEARLY SALARY
240, 000.00
120, 000.00

Operation Head

9, 000.00

108, 000.00

HR Head

8, 000.00

96, 000.00

IT and Telecom

7, 000.00

84, 000.00

CRO

5, 000.00

60, 000.00

Management Policy

Discipline
- Employees
cooperative

should
and

be

honest,

professional

considerate
enough

in

35

performing
business

their

related

duties.
should

Problems
be

that

directed

to

are
the

managing partner for settlements.


Attendance
- The employee should report at least 10 minutes
before the official time of opening to prepare
themselves for the day to work. To monitor the
attendance

of

every

employee,

they

will

log

in/out in the record book.


Working hours
- EMSI office hours are 8:00am to 5:00pm, from
Mondays to Saturdays. An employee must work 8
hours per day with an hour of lunch break.
Employees are prohibited from using the working
hours for personal matters.
Overtime
- Overtime

of

workers

will

be

noticed

if

necessary and if there are rush works to be


done.

36

Leave or Absence
- Except for absence due to sickness, an employee
mustinform

their

before

going

absent

due

on
to

superior

at

Employee

leave.

illness

must

least

days

who

got

inform

their

superior immediately. If failure to report for


duty

is

due

to

an

emergency

matter,

the

personnel should contact their manager as early


as possible for the latter to make necessary
adjustments.
Uniform
- The business requires its employees to wear the
agreed uniform.

CHAPTER V
TECHNICAL STUDY
Building

37

The building has a total floor area of 280 square


meters. (See Appendix E for the total estimated
project cost.)
Plant Layout (See Appendix F)
Perspective View
- Pictures the actual view of the site
Vicinity Map
- Illustrate the road map of the establishment
Floor Plan
- Illustrate the whole view of the floor plan
Front Elevation
- Shows

the

scale

of

the

front

view

of

the

rear

view

of

the

establishment
Rear Elevation
- Shows

the

establishment

scale

of

the

38

Utilities

Excellent Manpower Services Inc.personnel is


going to be provided with comfort room for personal
necessities. Aerielle Aqua Crest Purified Drinking
Water

&

Refilling

Station

shall

provide

water.

Electricity for light and machines operation will


be supplied by the ISELCO 1.
Requirements for New Business
The business will comply with the clearances
and legal requirements needed for legal business
operation.
1.Community Tax Certificate
2.Barangay Clearances (for taxpayers)
3.Barangay
Business
Clearances
business is located)
4.Securities and Exchange
5.
6.
7.
8.
9.

Commission

(where
(SEC)

Certificate
Articles of Incorporation and By-Laws
Verification Slip Form (Re: Corporate Name)
Accomplished Registration Data Sheet
Treasurers Affidavit
Bank Certificate of Deposit

39

10. Authority to verify Bank Accounts


11.
Social Security System (SSS)
12.
Department of Labor and Employment (DOLE)
13.
Mayors Permit
14.
Building Permit
15.
CENRO Certificate of Compliance (City
Environment Office)
16.
Fire Permit from

the

office

of

the

Bureau of Fire Protection


17.
DTI Registration
18.
BIR Registration
19.
BIR Registration
20.
Registration certificate Bureau of
Local Employment (DOLE-BLE)
21.
License National Telecommunication
Commission,

Dept.

of

Transportation

&

Communication, (DOTC-NTC)

Quality Control
Excellent Manpower Services Inc. assures its
valued clients that they are going to be provided a
high
for

quality
the

and

EMSI

standardized
itself

manpower

meets

services,

the

customer

satisfaction. In order to prove that the business


claim

that

their

products

and

service

to

be

40

rendered is really worth to be paid for, there are


highly

assess

delivery.

process

EMSI

done,

management

from

ensure

production
that

they

to
are

going to select the most logical person to rendered


such services in the most effective and efficient
manner so that the come out and result shall be
satisfying, not just on the part of EMSI itself but
most especially to our valued customers.
Waste Disposal
One
environmental

of

our

friendly.

strengths

The

business

is

being

will

an

ensure

that all operation and activities that the firm


will perform are not harmless to the environment
but still maintaining its quality standard.
EMSI make sure that all wastes are properly
disposed to the trash can. Garbage collectors from
Cauayan City waste disposal unit will collect daily
waste materials.

41

PRODUCTION FLOW CHART

Job Fair for the


Graduating Students
from the Schools
aforementioned/Job
Selection Process

Choosing from the


Services Offered

Training and
Development Process of
the Manpower for the
readiness to the actual

Manpower Reports now to


those companies who
need him/her

42

CHAPTER VI
FINANCIAL ASPECT
Basic Assumptions
1.

The company is authorized to issue 50,000,

2.

P50 par value ordinary shares.


At the formation of the corporation, 12,500
shares of stocks will be issued at P80 per
share which represents the 25% of the total

3.

number

of

shares

which

will

be

incorporators.
An impress cash
maintain

proper

authorized
paid

for

by

system

the

will

internal

be

issuance
original
used

control.

to
The

company will open a current checking account


in

depository

disbursements

will

bank,
be

made

all
through

major
checks

and cash receipts will be deposited intact


the following day.

43

4.

Petty

cash

minimal
5.

fund

is

established

expenditures

which

to

are

pay
very

inconvenient in paying through checks.


Additional paid in capital would represent
the payment of incorporators in excess of

6.

par.
Retained

7.

cumulative earnings of the company.


Idle cash of the company will be invested in
a

earnings

12%

would

cumulative

represent

the

non-participating

preference share.
8.

Salaries

of

employees

would

9.

208.33-833.33 per day.


There will be no increase

range
in

salaries and wages within 5 years.


10. Dividend will be paid annually

from

employee
to

the

shareholders at 85% of the current year net


income
11. Recruitment would increase by 3% annually.
12. Net
income
is
anticipated
to
increase
annually as the business has been introduced
and trusted in the market.

44

13. Target market has been assumed to increase


year by year.
14. The term of the lease would be 10 years with
a monthly rental of
15. Inclusive of the

38,000.00
rent would

be

5%

withholding tax.
16. Office Equipment will be depreciated with an
estimated life of 8 years using the straight
line method, salvage value not considered.
17. Furniture and Fixtures will be depreciated
using straight line method with an estimated
useful life of 6 years, salvage value not
considered.
18. SSS, Phil. Health and Pag-Ibig will be paid
by January of the following year.
19. The
gross
revenue
of
the
company

is

inclusive of 12% VAT.


20. Utilities expenses will increase by Php5,000
annually.
21. Advertising expense will increase by Php10,
000 annually.
22. Accounts payable represents obligations of
the company which are not yet settled.

45

23. The income tax rate would be 30% of income


before income tax.

46

47

48

CHAPTER VII
SOCIO ECONOMIC STUDY

A good business is one in which is not only


a profit-oriented but a service oriented as well.
It must take into consideration how it will affect
its environment and the people who live in it.

49

With the primary objective of providing an optimum


customer

satisfaction,

Excellent

Manpower

this

Services

proposed
Inc.

business

will

bring

satisfaction to customers, who are looking for a


quality standard service. Moreover, EMSI will set a
price that is worth to be paid for.
The proposed business will benefit the
economy

through

providing

employment.

This

will

give the hired employees and their families their


source of income for their living needs. It will
also maintain a clean, safe and well- organized
surroundings.
The

business

will

also

contribute

improvement for the government by the payment of


taxes.The

business

owners

and

business

will

pay

their tax liabilities mandated by the law. Tax will


help

the

government

generate

funds

for

the

improvement public service and government projects.

50

CHAPTER VIII
CONCLUSION AND RECOMMENDATION

CONCLUSION

51

After a thorough analysis of the financial


data, the proponents found out that the proposed
project

is

Janitorial
Services

technically
Manpower

and

and

financially

Services,

Computer

feasible.

Security

Manpower

Software/Hardware

Services

are needed everywhere and here to stay. The demand


is continuous and future expansion is possible.
Even though there are some companies have
their

own

HR

Personnel

who

are

in

charge

of

recruiting and selecting the most logical person to


be staffed. Despite of that, there are still many
companies/entities

that

prefer

the

services

rendered by Manpower Agencies.


We, therefore conclude that the Manpower Business
is a feasible business.

RECOMMENDATION

52

The proponents hereby recommend that this


proposed project be implemented to cater the needs
of customer.
As soon as the business grows fast and the
earning

performance

becomes

excellent,

the

proponents plan to cover a wide range of coverage


and to offer as well a wide range of services where
our valued clients can choose among from it. This
will serve as additional source of income.

53

APPENDICES

Questionnaire
Tabulated Result of Survey
Lease contract with option to purchase
Researchers profile
Estimated project cost
Plant Layout

APPENDIX A
Questionnaire
This
question
is
used
to
gather
data
in
ascertaining the opinion of the companies (people).
Please be honest in answering this questionnaire.
Name of the Company:______________________________
Line
Business:___________________________________

of

54

1.Do you prefer a Manpower Agency to render your


company such Manpower Services?
( ) YES ( ) NO
2.Does the existing Manpower Agencies here in
Cauayan City accommodates you in the most
effective and efficient manner?
( ) YES ( ) NO
3.In what Manpower Agency here in Cauayan City do
you prefer to render your company such Manpower
Services?
( ) SNC Manpower and Services Agency
( ) JD Security and Investigation Agency
( ) ECC Security Agency
( ) JET Manpower and General Services
4.Do you need a Manpower Agency who can provide
your
company
a
Computer
Software/Hardware
Services?
( ) YES ( ) NO
5.Do you need a Manpower Agency who can provide
your company a Janitorial Manpower Services?
( ) YES ( ) NO
6.Do you need a Manpower Agency who can provide
your company a Security Manpower Services?
( ) YES ( ) NO
7.If there will be a new established Manpower
Agency which offers a Janitorial Manpower
Services,
Security
Manpower
Services
and
Computer Software/Hardware Services, would you
consider
your
company
as
one
of
their
customers?
( ) YES ( ) NO
If your answer is no and you still prefer among
the existing businesses established here in
Cauayan
City,
choose
among
from
these
businesses:

55

(
(
(
(

)
)
)
)

SNC Manpower and Services Agency


JD Security and Investigation Agency
ECC Security Agency
JET Manpower and General Services
Thank You!
APPENDIX B
Tabulated Result of Survey

1.Do you prefer a Manpower Agency to render your


company such Manpower Services?
RESPONSE

YES

NO

TOTAL

RESPONDENTS

87

13

100

2.Does the existing Manpower Agencies here in


Cauayan City accommodates you in the most
effective and efficient manner?
RESPONSE
RESPONDENTS

YES
93

NO
7

TOTAL
100

3.In what Manpower Agency here in Cauayan City do


you prefer to render your company such Manpower
Services?
NAME OF THE BUSINESS
SNC Manpower and Services
Agency

RESPONDENTS
24

56

JD Security and
Investigation Agency
ECC Security Agency
JET Manpower and General

28
16
32

Services
TOTAL

100

4.Do you need a Manpower Agency who can provide


your
company
a
Computer
Software/Hardware
Services?
RESPONSE

YES

NO

TOTAL

RESPONDENTS

85

15

100

5.Do you need a Manpower Agency who can provide


your company a Janitorial Manpower Services?
RESPONSE

YES

RESPONDENTS

89

NO

TOTAL
11

100

6.Do you need a Manpower Agency who can provide


your company a Security Manpower Services?
RESPONSE

YES

NO

TOTAL

RESPONDENTS

96

100

7.If there will be a new established Manpower


Agency which offers a Janitorial Manpower
Services,
Security
Manpower
Services
and
Computer Software/Hardware Services, would you

57

consider
your
customers?

company

RESPONSE

YES

RESPONDENTS

22

as

one

of

their

NO

TOTAL
22

If your answer is no and you still prefer among


the existing businesses established here in
Cauayan
City,
choose
among
from
these
businesses:
NAME OF THE BUSINESS

RESPONDENTS

SNC Manpower and


Services Agency

20

JD Security and
Investigation Agency

18

ECC Security Agency

JET Manpower and


General Services
TOTAL

33
100

APPENDIX C
Lease Contract with Option to Purchase
This LEASE AGREEMENT WITH OPTION TO PURCHASE THE
PROPERTY (hereinafter referred to as the
Lease/Option) is made on this _________ day of
____________________________, 20_______, by and
between the following parties:

58

___________________________________________________
____
located
at_________________________________________________
_____ (hereinafter referred to as the
Tenant/Buyer); and
___________________________________________________
__________________ located
at_________________________________________________
_____ (hereinafter referred to as the
Landlord/Seller).
In consideration of the mutual promises and
covenants herein, the parties hereby agree as
follows:
(1)
DESCRIPTION: The Landlord/Seller agrees to
lease, and the Tenant/Buyer agrees to rent the 2nd
Floor Perfect Care Bldg with 280 square meters,
located at Cauyan City.
(2)
TERM: The term of this Lease/Option shall
be for a period of ___________ months commencing on
_______________________, 20___________, and ending
on __________________________________. The term
will be automatically extended for
__________________ periods of ______________
months, unless the Tenant/Buyer gives notice to the
Landlord/Seller of its intent to terminate this
Lease/Option, by mailing a written notice to the
last provided address of the Landlord/Seller, or
until such time as Tenant/Buyer exercises its
option to purchase the Property. Liability for
payment will not extend beyond notice to terminate
this agreement.
(3)

POSSESSION: Possession shall be delivered

59

by keys and physical possession given to the


Tenant/Buyer on ______________________.
(4)
RENT: Tenant/Buyer agrees to pay the lender
of Landlord/Sellers current mortgage or trust
deed, the sum of P_________________ per month, with
the first payment beginning
_____________________________ as rent for the
Property, for the term of this Lease/Option, and
during any extension thereof. All rental payments
shall be due and payable in advance of the 10th day
of each and every month. An amount equal to
P__________________ for each month in which rent
was paid, shall be credited to the Tenant/Buyer and
applied to the purchase price of the Property in
the event that the Tenant/Buyer exercises its
option hereunder.
(5)
OPTION TO PURCHASE: The Tenant/Buyer, as
part of the consideration herein, is hereby granted
by the Landlord/Seller the exclusive right, option,
and privilege of purchasing the Property at any
time during the term of this Lease/Option or any
extension thereof.
(6)
LIQUIDATED DAMAGES: Should Tenant/Buyer
default on this agreement, Landlord/Seller shall
keep all monies paid as liquidated damages.
(7)
COVENANTS OF TENANT/BUYER: Commencing with
entering the term of this agreement, including
extensions, the Tenant/Buyer hereby covenants and
agrees as follows:
(A)
That the Tenant/Buyer will pay all utility
charges and bills, including, but not limited to
water, sewer, gas, oil, and electric, which may be
assessed or charged against the Property.

60

(B)
That the Tenant/Buyer will not use the
Property for any unlawful purpose and that the
Tenant/Buyer will conform to and obey all laws,
ordinances, rules, regulations, requirements and
orders of all Federal, State, and Local
governmental authorities, agencies, departments,
bureaus, boards or officials, respecting the use of
the Property; and
(C)
That the Tenant/Buyer will surrender and
deliver up the Property, at the end of the term or
any extensions thereof, should the option herein
not be exercised, in as good order and condition as
the same now exists, reasonable use and natural
wear and tear excepted.
(8)
COVENANTS OF THE LANDLORD/SELLER: The
Landlord/Seller hereby covenants and agrees as
follows:
(A) That the Landlord/Seller shall pay for and
maintain fire and extended coverage insurance on
the Property in minimum amount of
P__________________________. The Tenant/Buyer shall
be named as an additional insured or loss payee on
the insurance policy and copy of which shall be
provided to Tenant/Buyer.
(B)
That the Tenant/Buyer is entitled to
the quiet enjoyment of the Property without any
interference or interruption by Landlord/Seller or
its representatives.
(9)
COSTS OF IMPROVEMENTS: In the event the
Tenant/Buyer exercises the option to purchase set
forth in paragraph 4, above, and through no fault
of the Tenant/Buyer, the Landlord/Seller fails to

61

convey said Property to Tenant/Buyer in accordance


with the terms of this Lease/Option, the
Tenant/Buyer, in addition to any other rights which
Tenant/Buyer may have in law or equity for the
enforcement of Tenant/Buyers option to purchase,
shall be entitled to reimbursement for the cost of
all repairs, maintenance, and improvements.

(10) FURTHER ENCUMBRANCES: The Landlord/Seller


hereby warrants the total of the leases, options,
mortgages, liens, and any other encumbrances
against the Property, whether of public record or
not, are as follows:
(A)
A first mortgage in favor
of___________________________________ in the
approximate amount of
P____________________________________.
(B)
Current taxes
for________________________________________________
_____ in the amount of P___________________________
due on___________________________________.
(C)

Other liens (specify):

The Landlord/Seller shall not


lease to any other third party, nor to assign,
sell, option, transfer, pledge, or otherwise to
convey any or all rights or interests had by
Landlord/Seller in the Property or in this
Lease/Option, nor to further encumber the Property
nor allow the same to occur. Violation of this
paragraph shall be considered a material breach of
this Lease/Option. The Landlord/ Seller further

62

agrees to keep all mortgages, liens, taxes, or


other encumbrances on the Property, current and in
good standing, Tenant/Buyer shall have the right to
make payment on same in the event that
Landlord/Seller becomes delinquent or otherwise
defaults on such payments, and Tenant/Buyer may at
its option either reduce its monthly rent in the
amount of the payments, or subtract the amount of
the payments from the balance due Landlord/Seller
at closing of the sale of the Property.
(11) RIGHT OF ASSIGNMENT: The Tenant/Buyer may
sublet the Property, and/or assign, sell, transfer,
pledge, or otherwise convey any or all rights or
interest which the Tenant/Buyer may have in the
Property or in this Lease/Option. Any such
assignments will release original Tenant/Buyer from
any and all liability and substitute assignee in
his/her or its place.
(12) MAINTENANCE AND REPAIRS: The Tenant/Buyer
accepts the Property as is on the date of
execution of this Lease/Option except for items
listed in paragraph 14. As of the effective date,
the Tenant/Buyer shall be responsible for all
maintenance and repair upon said Property, both
interior and exterior. The Tenant/Buyer shall have
the right to make such repairs, maintenance, and
improvements as Tenant/Buyer shall deem necessary,
proper or desirable. The Tenant/Buyer shall pay
the costs of all such improvements, except that any
electric, plumbing, heating or cooling system that
is not in workable condition at the inception of
this Lease/Option will be repaired by the
Landlord/Seller at its expense within sixty (60)
days notice from Tenant/Buyer. If the
Landlord/Seller refuses to make such repairs,
Tenant/Buyer will have the option of either voiding

63

this agreement by written notice to the


Landlord/Seller or making such repairs and, (a)
receiving a reimbursement from the next monthly
payment or payments due the Landlord/Seller or, (b)
receiving a
credit against the purchase price plus interest at
10% per annum from date of payment.
(13) BINDING AGREEMENTS: The parties hereto agree
that this Lease/Option comprises the entire
agreement of the parties and supersedes all prior
written or oral agreements, representations,
warranties, negotiations, or understandings. This
Lease/Option may not be amended except in a writing
executed by all the parties hereto. The parties
further represent and warrant that they have not
relied on any representations, warranties or
statements as an inducement to entering this
Lease/Option other than what is expressly written
herein. This Lease/Option shall be binding upon the
parties, their heirs, executors, administrators,
personal representatives,
successors, or assigns.
(14)

SPECIAL PROVISIONS:

(A) The Landlord/Seller will complete the following


by________________________ or this Lease/Option
will become null and void and all monies paid by
Tenant/Buyer will be immediately refunded by
Landlord/Seller or, at Tenant/Buyer's option,
Tenant/Buyer may accept the Lease/Option and
completed the items listed below, and the cost of
same will be recovered as provided for in paragraph
12:
___________________________________________________

64

________________
___________________________________________________
____________________________
___________________________________________________
____________________________
___________________________________________________
____________________________
(B) A TITLE SEARCH will be ordered immediately by
the Tenant/Buyer. This cost will be borne by the
Tenant/Buyer unless it is discovered that
Landlord/Seller has unmarketable title in which
case the Landlord/Seller will reimburse
Tenant/Buyer to cost of the search. If the title
is unmarketable the Tenant/Buyer will then have the
option to void this agreement or proceed as agreed
herewith.
OPTION PURCHASE TERMS
(15)

PRICE AND TERMS: The Tenant/Buyer agrees to


pay for said Property the sum of
$__________________________________________________
______________________________ less any sums for
which the Tenant/Buyer is entitled to claim as
reimbursement or offset in accordance with this
Lease/Option; the net sum to be paid in cash,
certified check, or cashier's check at closing.
(16) INCLUDED IN THIS PURCHASE: The Property shall
also include all land, together with all
improvements thereon, all appurtenant rights,
privileges, easements, buildings, fixtures,
heating, electrical, plumbing, air conditioning
fixtures and facilities, window shades, venetian
blinds, awnings, curtain rods, screens, storm
windows and doors, affixed mirrors, wall-to-wall

65

carpeting, stair carpeting, built-in kitchen


appliances, bathroom fixtures, radio and television
aerials, landscaping and shrubbery, water
softeners, garage door openers and operating
devices, and all utility or storage buildings or
sheds, range and refrigerator. The Property shall
also include the following items:
_________________________________
___________________________________________________
___________________________________
___________________________________________________
___________________________________
(17) TITLE: The Landlord/Seller shall convey
marketable title to the Property with the above
described inclusions, by General Warranty Deed
free, clear, and unencumbered except existing
mortgages, restrictions, and easements of record
shown in paragraph 10.
(18) CLOSING: The deed shall be delivered and the
purchase money shall be paid at a time and place of
Tenant/Buyer's choice, no later than 60 days after
notification to the Landlord/Seller of the
Tenant/Buyers exercise of the option.
(19) COSTS AND PRORATIONS: The following items
shall be prorated the Landlord/Seller and the
Tenant/Buyer as of date of closing: (a) All real
estate taxes and assessments; (b) Interest on
encumbrances assumed or taken over by Tenant/Buyer
with both parties having responsibility for such
items as follows:
Landlord/Seller will pay:
Tenant/Buyer will
pay:
_______________________________________

66

___________________________________________
_______________________________________
___________________________________________
_______________________________________
___________________________________________
_______________________________________
___________________________________________
(20) INSURANCE: While this Lease/Option is in
effect, the Landlord/Seller shall maintain fire and
extended coverage upon the Property, and
immediately convert the owner occupied (if
applicable) policy to a non-owner occupied policy.
In the event of the entire or partial loss, damage
or destruction of the Property, the Tenant/Buyer
may at its option (a) proceed with the closing and
accept the insurance proceeds for said damage, or
(b) declare this Lease/Option null and void,
releasing both parties from any obligations
hereunder, except for the return of reimbursable
expenses previously paid by Tenant/Buyer which
amounts shall become immediately due and payable
from the insurance proceeds. Tenant/Buyer shall be
responsible for obtaining fire and extended
coverage insurance on the Property effective on the
closing date.
(21) LEGAL: In the event that any legal proceeding
is brought to enforce any right or obligation under
this Lease/Option, the parties each agree to waive
their right to a jury trial. In addition, the
prevailing party shall recover its reasonable court
costs and attorney fees from the non-prevailing
party.
IN WITNESS WHEREOF,
the parties hereto, have set their hands to this

67

Lease/Option on this ________________ day of


_______________________________, 20_________
WITNESS:
___________________________________________
Landlord/Seller
___________________________________________
Landlord/Seller
___________________________________________
Tenant/Buyer

Appendix D
RESEARCHERS PROFILE

68

San

MELINA M. DELA CRUZ

Juan,

Echague, Isabela
09359440429
melinadelacruz77@yahoo.com

PERSONAL INFORMATION:
Nickname:
Age:
Date of Birth:
Place of Birth:
Gender:
Civil Status:
Religion:
Nationality:
Fathers name:
Mothers name:

Mel
20 yrs. old
February 13, 1994
Echague, Isabela
Female
Single
Methodist
Filipino
Melanio S. Dela Cruz
Angelina M. Dela Cruz

EDUCATIONAL BACKGROUND:
TERTIARY:

Northeastern
CollegeVillasis, Santiago
City
Bachelor of Science in
Business Administration
major in Human Resource
Development Management

69

SECONDARY:

Don Mariano Marcos


National High School 2010
Ipil, Echague, Isabela

PRIMARY:

San Juan Elementary


School
San Juan, Echague,Isabela
2006

MARK ANTHONY B. QUIROZ


Sagana, Santiago City, Isabela

70

09161777719
markanthonyquiroz@rocketmail.com

PERSONAL INFORMATION:
Nickname:
Age:
Date of Birth:
Place of Birth:
Gender:
Civil Status:
Religion:
Nationality:
Fathers name:
Mothers name:

Quiroz
20 yrs. old
December 23, 1993
Victory
Sur,
Santiago
City, Isabela
Male
Single
Roman Catholic
Filipino
Mario E. Quiroz
Elena B. Quiroz

EDUCATIONAL BACKGROUND:
TERTIARY:

Northeastern
CollegeVillasis, Santiago
City
Bachelor of Science in
Business Administration
major in Human Resource
Development Management

SECONDARY:

Santiago
City
National
High School 2010

71

Caloocan,
Isabela

PRIMARY:

Santiago

City,

Santiago
South
Central
School2006
Malvar,
Santiago
City,
Isabela

JEINEE D. BARENG

72

Rosario, Santiago City, Isabela


09059672884
bjeinee@yahoo.com

PERSONAL INFORMATION:
Nickname:
Age:
Date of Birth:
Place of Birth:
Gender:
Civil Status:
Religion:
Nationality:
Fathers name:
Mothers name:

Jeinee
20 yrs. old
December 10, 1993
Linomot, Jones, Isabela
Female
Single
Jehovas Witnesses
Filipino
MoradoBareng
Marilyn Bareng

EDUCATIONAL BACKGROUND:
TERTIARY:

Northeastern
CollegeVillasis, Santiago
City
Bachelor of Science in
Business Administration
major in Human Resource
Development Management

SECONDARY:

Doa Aurora National High


School
2010

73

Sta.
Isabela

PRIMARY:

Rita,

Aurora,

Aurora Central School 2006


Sta.
Rosa,
Aurora,
Isabela

74

DIONE KARL DEMMIE A. VALENCIA


Rizal, Santiago City, Isabela
09056717892
prince-karl@ymail.com

PERSONAL INFORMATION:
Nickname:
Age:
Date of Birth:
Place of Birth:
Gender:
Civil Status:
Religion:
Nationality:
Fathers name:
Mothers name:

Dione
20 yrs. old
April 21, 1993
Rizal,
Santiago
Isabela
Male
Single
Roman Catholic
Filipino
Demetrio Valencia
Imelda Valencia

City,

EDUCATIONAL BACKGROUND:
TERTIARY:

Northeastern
CollegeVillasis, Santiago
City
Bachelor of Science in
Business Administration
major in Human Resource
Development Management

75

SECONDARY:

PRIMARY:

Rizal
National
School
2009
Rizal,
Santiago
Isabela

High
City,

Santiago
East
Central
School
2005
Rizal,
Santiago
City,
Isabela

76

CHRISTINE GRACE A. JUANANI


Rosario, Santiago City, Isabela
09061389923
juananichristine@yahoo.com

PERSONAL INFORMATION:
Nickname:
Age:
Date of Birth:
Place of Birth:
Gender:
Civil Status:
Religion:
Nationality:
Fathers name:
Mothers name:

Tine
21 yrs. old
March 25, 1992
Santiago City, Isabela
Female
Single
Born Again Christian
Filipino
Franklin T. Juanani
Ma. Concepcion A. Juanani

EDUCATIONAL BACKGROUND:
TERTIARY:

Northeastern
CollegeVillasis, Santiago
City
Bachelor of Science in
Business Administration
major in Human Resource
Development Management

77

SECONDARY:

Santiago
City
National
High
School
2009Caloocan,
Santiago City, Isabela

PRIMARY:

Rosario Elementary School


2006
Rosario,
Santiago
City,Isabela

Appendix E
ESTIMATED PROJECT COST

78

BILL OF MATERIALS/ESTIMATED COST


I.Rental Fee for the building that is
280 sqm
P38, 000.00
II. Office Equipments:
4

Leather

mid-black

office

chair

(executive

chair)
P6, 000.00
2 Leather mid-black office chair (ordinary)
P2, 000.00
4 Office Table Desk (executive chair)
P29, 992.00
2 L-shaped desks with side storage andmultiple
finishes

P13, 000.00

1 Conference Table
P5, 888.00

3 Printers (pixma Ip2770 model)


P6, 585.00
3 HP Desks jet ink Advantage

P11, 400.00
2 units Xerox Machines (DCP-7065 Brother)
P13, 000.00

79

Internet

Connection

Telephones

for

year

with

P3, 500.00

5HP Pavilion 20-B014L


P7, 910.00

TOTAL ESTIMATED COST

P137, 275.00

Prepared by:
Christine Grace A. Juanani

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