Department of Business Management & Entrepreneurship

COLLEGE OF ARTS AND SCIENCES

San Beda College - Manila

ENT09 PROF. RAQUEL P. CASTRO

FINAL EXAMINATION 1st Semester AY 2018-2019

Name: Ralph Conrad F. Medrano Business Name: RCFMEDRANO Car Cleaning Products Start Date of Business: October 20, 2018
DTI Reg. # & (date): 05516375 August 16, 2018 MAYOR’S Permit # & (date): 2018-011527 September 10, 2018 BIR Registration # & (date): 3RC0000889983
Store Address: Gertrudes Street Mambugan, Antipolo City
Business Address: Gertrudes Street Mambugan, Antipolo City
Production Address: Gertrudes Street Mambugan, Antipolo City

1. Cite at least 3 major problem encountered in implementing your business

MAJOR PROBLEMS ENCOUNTERED Duration of the Problem ACTION TAKEN

2 weeks I have to look for another location where I can put-up my

1. The first planned location was not allowed by the office/warehouse and re-apply for barangay permit
office of the subdivision where we could have had
enough space.

1 week Complied with the instruction of BIR of what I should do in the

2. Have to fix my TIN number since I have 2 TIN office of BIR to accomplish my BIR permit and to have start the
number in the record of BIR and also have to asked business.
to be transferred in Marikina.

1 week Searched for a new supplier where I can get the concentrate I
3. It was only after being denied of the services of my need to produce the product.
first supplier that it came to my knowledge, the fact
that the particular concentrate I needed to create
 my product, was barred from being imported into
the Philippines

2. CHANGES YOU HAVE MADE IN IMPLEMENTING YOUR BUSINESS

(Changes or deviation made in your business plan while implementing the business)

Information below are just guide for you to answer please expound based on the nature of your business

BUSINESS ASPECT CHANGES/DEVIATION

FROM TO
Business Plan Ex: Shoe repair Merchandising items
“ Shoepatos” “Sandosenang Items”

MANAGEMENT ASPECT Ecomove waterless Carwash Rcfmedrano car cleaning products

2 employees none
 Business Registration

 Type of Business (Ex. Manufacturing, Outsourcing,

etc.)

 No. of Employees

 Others

MARKETING ASPECT Ecomove waterless Carwash GlimmerRide Waterless Carwash

Lot23 washington dr. Golden Meadows Gertrudes st. Mambugan, Antipolo city
 Product Subdivision
Eliminated sponsorship since I will have limited funds
because of unexpected change in location
  Location 400-500 selling price of the product
The product will now be sold at 300 pesos

 Target Market Increase in marketing budget

 Distribution Channel

 Promotions/Advertising
- online or social media
-
-
 Others

PRODUCTION AND OPERATIONS ASPECT Removed employees The removal of employees will help aid the increase in
marketing budget since there will be no salary expense
 Type of Operations Chemical min anymore
 Production
 Raw materials
 Others

FINANCIALS ASPECT The calculation of the projected and break even Adjustment of financial aspect since there are factors
points in units that are changed.
 Capitalization
 Rent Expense
 Others

3. BUSINESS UPDATE

 Current Sales (indicate the current sales)

 Sales Percent of Accomplishment from sales target

 Status of Registration (indicate if complete or what business registration needs to complete)

The registrations that is needed is already complete .

 Marketing Activities to be done for December and January

Fliers to be distributed in residential area

Targeting an even that will scheduled in December where eco-friendly products are to be shown.

More of the word-of-mouth and sampling to the possible customers

Talk to more entrepreneur who wants to start a carwash business and offer the product

Pubmats, posters and announcements