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CHAPTER I
PROJECT SUMMARY
Introduction
English, is a flattened, usually round, serving of ground meat or meat alternatives. The
patty itself can also be called a burger. We all know that patty is one of the unhealthy food
that we can find in the Philippines because it contains of so much calories, fats and sodium.
As a result, the proponents were able to do a healthier variety of a patty. And this patty is
made of tofu, to make it healthier than the original patty. However, a feasibility study needs
This chapter is all about the introductory details of coming up with the enterprise
and will give an overview on what the project. This chapter contains the name of the
enterprise, location of the enterprise, logo of the enterprise, vision and mission, descriptive
definition of the project, project’s long-range objectives, feasibility criteria and highlights
of the project.
synonym of the word “delicious”. The word delicious can also mean mouthwatering. The
proponents decided to use delish to show that the product is of quality taste and be able to
give a pleasing savor and to satisfy the customer with the taste.
Turning Point Pinsao Proper, Baguio City. The location will serve as the production site of
Delish Enterprise. The basis for choosing the location is the accessibility, convenience and
that transportation will not be a problem. It is a 10 minutes ride to Baguio City town proper
and the size fits the ideal production area. Other than that, the expense for the rent and
The logo of the enterprise is in the shape of an oval with the word delish in it, in a
green font color. The green color is the color of nature and energy which symbolizes the
type of ingredients used which are natural and contains vitamins that gives energy and the
red color with green leaves surrounding the oval symbolizes the powerful action and unity
which the proponents possess and as well as its employees. The background shows a visual
of stacked tofu patties which is the product of the enterprise. The font is in a continuous
cursive which represents the life of the enterprise and unending good and careful
VISION
MISSION
source of financing that is easy to access and made available at a reasonable cost. This
program gives a boost to the development of the MSME sector, particularly the
In the future, events may occur like needing a large amount of money. This program
is a big help for the enterprise because it no longer has to access credit at very high interest
because P3 provides assistance to the financing needs at a very affordable interest rate. It
will be a great advantage for the proponents when they will attend this program.
systems standards, food hygiene, food traceability and business performance improvement.
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This program also provides professional training for awareness, internal auditor training,
This program will help the proponents develop their professional skills for career
enhancement, while helping your organization to improve efficiency, reduce risk and
to simply rely on gut feel. You must have a scientific system to consistently attain your
targets. This program will help instill the competitive selling techniques the proponents
This program will help the proponents to be equally successful and competitive and
to be able to apply effective and powerful sales techniques to produce sales and create
loyalty among customers. It will also help the proponents to professionally represent the
The goal of the small and medium Enterprise Development for Sustainable
Employment Program (SMEDSEP) is the state and private institution shape the investment
climate in the Philippines in a way that enables the development and use of entrepreneurial
potential and stimulates competition. The project is focus on four major constraints to SME
national and local levels, the lack of appropriate business services, the lack of market
driven technical and vocational skills training and the financial sector’s inadequate
The proponents will be able to improve the four major constraints to SME
development in the Philippines in order to gain more and enables the development and use
Business Coach, Inc. is a duly organized corporation, and approved by the SEC to
quality business seminars which would enhance skills and contribute to entrepreneurial or
career success. It is committed to keep abreast with the latest advances in the business,
and focused on the strategic aspects of how to build and maintain a viable and profitable
business.
This will help the proponents and the employees to provide training as well as
A. NEGOSEMS
entrepreneurship that aim to help micro and small negosyantes become more innovative,
strategic and smart. The seminar is an opportunity to learn or revisit key principles in
Delish Enterprise being new in the business industry will benefit to this program
and entrepreneurial mindset and Spotting and seizing business opportunities and choosing
Adhering to this give the entrepreneurs as well as the consumers the assurance that
they are producing and selling a quality tofu veggie patty. And this will make the product
Professionals
The Competitive Selling Skills Seminar program leverages core process of needs
based selling together with learning design models to provide entrepreneurs with the
skills, best practices and behaviors they need to have more effective dialogues, convert
more sales opportunities and develop longer-lasting more profitable relationships with their
customers. Using real world examples to illustrate key sales concepts, the program
competitive marketplace.
The proponents will determine and convert their knowledge into attitude with the
support of seminars and trainings of the program such as defining today’s buyers, the
selling mindset, approaches to competitive selling and revisiting the selling process. It
will also support them to be globally competitive for them to quickly adapt and catch up
in the industry.
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for the development of micro, small and medium enterprises (MSMEs) to become
competitive in the domestic markets in terms of operations and expertise. Its main
strategies contain Integration of the business development services for small and medium
enterprises (SMEs) at the local levels, Establishment of the Provincial, Regional, and
promotion program.
The enterprise adheres to this program to improve the skills and expertise to manage
enterprise and to enhance the product competitiveness in the market. Therefore, while the
enterprise is being established, partners will attend the seminars and workshops.
This product has the potential to be bought by those customers who are vegetarian
and health wise. It can also be bought by food businesses specializing in serving healthy
dishes specifically, healthy patties. Tofu is a good source of protein and contains all eight
essential amino acids. It is also an excellent source of iron and calcium and the minerals
manganese, selenium and phosphorous. The proponents have shared new and great ideas
as well as time, interest, effort and resources to make this project possible; the following
competent individuals that contributed to this project are; Rosette Apolonio, Laila Isabel
The following are the long-range objectives that the enterprise wants to attain in a span
of 10 years:
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To offer different varieties of veggie patties such as sweet potato patties, mushroom
Expand the business enterprise through distribution of product not only within the
Baguio City but also to the different neighboring provinces like Trinidad, La Union
and Pangasinan.
G. FEASIBILITY CRITERIA
In order to know if the is feasible, there are guidelines and criteria to be considered.
The first criterion is profitability, if the project can provide profit which will cover the
expenses for capitalization and if the return on investment can return the paid-up capital.
Second is its marketability, since tofu patty belongs to the food industry, the proponents
therefore conclude that there is a demand on the product the fact that food is a basic
necessity. The enterprise also considers the economic status of the City because this would
Choosing the right, the product is difficult. The proponents talked about different
kind of foods and find an ingredient that would make the product unique and could give
satisfaction to customers. They also made use of the internet to ensure that the ingredients
would have healthy benefits and have high possibility to make it. The proponents decided
to make a tofu veggie patty and tofu would be its main ingredient. They also wanted to
produce a bestselling product. It is the same to the proponents who went through researches
in order to gather knowledge and information before introducing the product. The
Feasibility Study will also be a measure on the possibility of the proponents once it enters
the market.
In order to attain an initial capital of 210,000 the proponents will contribute equally
and the capital contribution will come from their own savings and the other cash needed
Tofu veggie patty needs to comply with all the requirements required by the law to
The proponents will purchase cost-efficient tools for the business to start and it will
The proponents will hire employees to help in the daily operation of the business.
After hiring the employees an orientation will be conducted in order for them to know the
The proponents will use online advertisement and distribute flyers to inform
The business will start by June for its operation after compliance of the requirement
distribution of Tofu Veggie Patty. The enterprise is in the food industry under food
processing which is considered as the transformation of raw materials into food production
4. Mode of Financing
The proponents will build up the needed capital from their savings and will share
5. Capital of Investment
The initial capital of Delish Enterprise is 210,000 pesos contributed by the partners.
This will be used in purchasing raw materials, acquiring tools and equipment, paying rent,
CHAPTER II
MARKET STUDY
Introduction
Market study would have a vital role in the feasibility study. It shows whether the
proposed project is competitive enough in the market. The proponents made use of
questionnaires which would help them in their analysis, taking into account the preference
of their target market. It will discuss the data and information that will be used in the entire
study. This market study includes product description, demand analysis, supply analysis,
demand-supply analysis, price study, factors affecting demand and supply, marketing
program, and the geographic area of dispersion. This chapter aims to determine what
marketing decisions are best to apply to promote the product in order to achieve its goals
and objectives.
A. PRODUCT DESCRIPTION
1. Name of product
The product is named as “Tofu Veggie Patty”. It is named as such so that it can
be easily identified since its main ingredients is tofu. The proponents chose the said product
name so that the customers would have an immediate idea of what the product is, and is
made of.
The Delish Enterprise came up with this product for people to try the new Tofu
Veggie Patty. It contains tofu, onion, egg, bread crumbs, all-purpose flour, ground cumin,
salt, turmeric powder, and ground black pepper. It contains not only quality and tasteful
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ingredients but also healthy ingredients. The main ingredient, tofu, is good source of
protein and contains all eight essential amino acids. It is also an excellent source of iron
and calcium and the minerals manganese, selenium and phosphorous. In addition, tofu is
(https://www.bbcgoodfood.com/howto/guide/ingredient-focus-tofu)
Tofu Veggie Patty can be eaten as breakfast or a snack. The product can be
prepared during break time or anytime suitable for the consumers as a nutritious and tasty
alternative for burger patty. Tofu is a great substitute for meats including pork, chicken,
beef in a patty recipe. It can be added in menu’s and served during any special occasions.
The users of the product are the individuals of Baguio City and those people who
would like to try the new twist of patty product. The Tofu Veggie Patty will satisfy the
diet of many health-wise people. It can be added in menu’s and served during any
special occasions.
The product will be produced at Ground Floor Space 2 Tam-Awan Turning Point
Pinsao Proper, Baguio City. The proponents will distribute to super markets, and
B. DEMAND ANALYSIS
Demand analysis is crucial to the study because it helps the business to determine
its customers’ wants and willingness to buy the product. The demand analysis helps in
finding out the optimum quantity of goods to be produced, and different quantities to be
supplied in the market. The analysis is essential in maximizing the profit with efficient
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allocation of resources it also identifies who wants to buy a given product. This would
also determine if the product will have a competitive advantage in trying to compete with
other products available in the market that are similar with the product.
Table 1
Historical Population
Year Population
2013 81,848
2014 83,837
2015 85,874
2016 89,967
2017 90,098
from year 2013 up to the year 2017. The data was acquired from the City Hall of Baguio
City.
Using the Yamane’s Formula, the computed sample size for the said population was 399.
Yamane’s Formula
1 is constant
𝑁 90,098
𝑛 = 1+𝑁𝑒 2 𝑛 = (1+90,098(0.05)2 =398.23
The latest population of 90,098 is used to determine the sample size in which will
be reflected as the number of people who will avail the Tofu Veggie Patty and are the
Table 2
Historical Demand
Table 2 shows that as the population grows, the demand of patties increases. This
means that Delish Enterprise should increase its production every year in order to
Table 3
Cross Tabulation
119 grams
Frequency 1 2 3 4 Total
Daily 1 0 0 0 1
Once a Week 10 6 4 1 21
Twice a Week 12 4 2 0 18
Once a month 19 12 2 0 33
Twice a month 2 4 0 0 6
Others (Twice in 6 months) 2 0 0 1 3
Total 46 26 8 2 82
225 grams
Daily 2 2 4 1 9
Once a Week 13 9 4 0 26
Twice a Week 4 12 0 0 16
Once a month 26 19 2 0 47
Twice a month 8 10 0 0 18
Others (Twice in 6 months) 1 0 1 0 2
Total 54 52 11 1 118
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250 grams
Daily 0 0 2 2 4
Once a Week 9 4 0 1 14
Twice a Week 8 2 1 2 13
Once a month 19 8 1 0 28
Twice a month 6 0 0 0 6
Others (Twice in 6 months) 0 0 1 0 1
Total 42 14 5 5 66
TOTAL QUANTITY 266
floated by the proponents depending on its size and quantity. It shows the total number of
patties being served in their households. In the table it shows that the most preferred by
households to serve is 225 grams. It gives the proponents idea on the preferred size of the
Table 4
119 Grams
Frequency 1 2 3 4 Total
Daily 42,840 0 0 0 42,840
Once a Week 61,880 74,256 74,256 24,752 235,144
Twice a week 148,512 99,008 74,256 0 321,776
Once a Month 27,132 34,392 8,568 0 70,092
Twice a Month 5,712 22,848 0 0 28,560
Other (Twice in 6 months) 952 0 0 1,904 2,856
Total 287,028 230,504 157,080 26656 700,268
225 Grams
Frequency 1 2 3 4 Total
Daily 162,000 324,000 972,000 324,000 1,782,000
Once a Week 23,400 421,200 140,400 - 585,000
Twice a week 93,600 561,600 - - 655,200
Once a Month 70,200 102,600 16,200 - 189,000
Twice a Month 43,200 108,200 - - 151,200
Other (Twice in 6 months) 900 - 2,700 - 3,600
250 Grams
Frequency 1 2 3 4 Total
Daily - - 540,000 720,000 1,260,000
Once a Week 117,000 104,000 - 52,000 273,000
Twice a week 208,000 104,000 78,000 208,000 598,000
Once a Month 57,000 48,000 9,000 - 114,000
Twice a Month 36,000 - - - 36,000
Other (Twice in 6 months) - - 3,000 - 3,000
Total 418,000 256,000 630,000 980,000 2,284,000
TOTAL QUANTITY 6,350,268
Divide By: Desired Size (225grams) 225
Total 28,223
Divide by: Respondents who answered yes 266
Ave. Annual Consumption in 225 Grams 106
Consumption Rate will be used in computing for the historical demand of the
product, Tofu Veggie Patty. The higher the rate is, the more favorable it is for the Delish
Enterprise because this means that there is a high probability that the proposed product
would be feasible.
Table 5
Table 5 shows that 266 out of 399 respondents answered that they serve patties in
their household which is equivalent to 67% of the total sample size. Many have answered
“Yes” thus the product has a higher chance to obtain a higher marketability in the market.
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Table 6
Frequency Distribution
Table 6 shows the percentage of respondents who buy patties. It indicates that
40.60% of respondents prefer to buy patties on monthly basis. It implies to have a regular
customer in a month.
Table 7
The table 7 shows that 53.38% of the respondents usually buy one (1) pack of patty
while 34.59% of respondents consume two (2) packs. Therefore, many customers will
Table 8
Table 8 shows that out of 399 responses, 338 respondents are willing to buy Tofu
Veggie Patty which is 84.70% of the total sample. Therefore, not everyone is willing to try
Table 9
Particulars Deviation
Arithmetic Straight Line 137,454
Arithmetic Geometric Line 248,685.41
Statistical Straight Line 117,238.44
Statistical Parabolic 50,501.64
Table 9 shows the different methods of projection to get the standard deviation of
the demand for patties. The projected demand was computed using the Statistical Parabolic
Method because, out of the four methods, it yielded the least standard deviation which
entails least margin of error in forecasting the demand and therefore, making it more
Table 10
Year Y X X² X⁴ XY X²Y
2013 5,812,845 -2 4 16 -11,625,690 23,251,380
2014 5,954,104 -1 1 1 -5,954,104 5,954,104
2015 6,098,771 0 0 0 0 0
2016 6,389,456 1 1 1 6,389,456 6,389,456
2017 6,398,760 2 4 16 12,797,520 25,595,040
0 10 34 1,607,183 61,189,980
TOTAL 30,653,936
c=
a= 430,334,024 (589,460)
70 70
Standard Deviation 50,501.59
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A B (x) C X² Yc Y - Yc (Y - Yc)²
(2) (8,421) 4 5,792,509 20,336 413549410
6,147,628.91 160,718.20
(1) (8,421) 1 5,978,490 (24,386) 594,670,029
6,147,628.91 160,718.20
0 (8,421) 0 6,147,629 (48,858) 2,387,095,788
6,147,628.91 160,718.20
1 (8,421) 1 6,299,926 89,530 8,015,574,856
6,147,628.91 160,718.20
2 (8,421) 4 6,435,382 (36,622) 1,341,162,513
6,147,628.91 160,718.20
12,752,052,596
A B (x) C X² Yc Y - Yc (Y - Yc)²
6,147,628.91 160,718.20 (2) (8,421) 4 5,792,509 20,336 413549410
6,147,628.91 160,718.20 (1) (8,421) 1 5,978,490 (24,386) 594,670,029
6,147,628.91 160,718.20 0 (8,421) 0 6,147,629 (48,858) 2,387,095,788
6,147,628.91 160,718.20 1 (8,421) 1 6,299,926 89,530 8,015,574,856
6,147,628.91 160,718.20 2 (8,421) 4 6,435,382 (36,622) 1,341,162,513
12,752,052,596
Table 11
Year a B X C X² Yc
2018 6,147,629.18 160,718.26 3 -8,421 9 6,553,995
2019 6,147,629.18 160,718.26 4 -8,421 16 6,655,767
2020 6,147,629.18 160,718.26 5 -8,421 25 6,740,697
2021 6,147,629.18 160,718.26 6 -8,421 36 6,808,785
2022 6,147,629.18 160,718.26 7 -8,421 49 6,860,031
Table 11 shows the trend of the projected demand for the proposed product, Tofu
Veggie Patty. It shows that the projected values increase every year. Delish Enterprise
should use this efficiently comply with the demand each year.
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Table 12
Table 12 shows the actual projected demand for the next five (5) years. The
demand for the next five years by deducting it to the projected supply.
C. SUPPLY ANALYSIS
willingness ability to produce at given prices. A supply curve is usually used to show the
relationship between price to the amount of product businesses are willing to sell.
selling patties in Baguio City. There are major and local supplies of patties in Baguio
City and the proponents specifically identified 9 competitors and all of them have
answered the given questionnaire. The data gathered will be of great value for it pose a
threat and also additional information that the enterprise could use. It will influence the
Table 13
Table 13 shows the quantity of Patties that the competitors of the enterprise
one month. It also shows the percentage increase and decrease in connection with their
Table 14
Percentage
Retailers Monthly Sales Increase
(decrease)
119 grams 225 grams 250 grams
A 14,280 81,000 - 95,280
B 28,560 324,000 210,000 562,560
C 28,560 243,000 - 271,560
D - 8,100 12,000 20,100
E 4,284 10,800 12,000 27,084
F - 10,800 - 10800
G 4,284 5,400 - 9684
H 5,712 10,800 - 16,512
I 4,284 8,100 - 12,384
TOTAL 89,964 702,000 234,000 1,025,964
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The table 14 shows the total number of patties sold annually.This table provides
the total supply of retailers, which is then used as a basis for the proponent’s potential
supply
For Percentage:
Table 15
Historical Supply
Table 15 shows how historical supply of patties from year 2013 to year 2017. In
computing the historical supply, the total sales of all competitors in year 2017 will serve
as the base year to be multiplied to the percentage change to get the value of the recent
year.
Table 16
Table 16 shows the different methods of projection to get the standard deviation
of the supply for patties. The projected demand was computed using the Statistical
Parabolic Method because, out of the four methods, it yielded the least standard deviation
which entails least margin of error in forecasting the supply and therefore, making it
Table 17
Year Y X X² X⁴ XY X²Y
2013 12,811 -2 4 16 -25,622 51,244
2014 13,808 -1 1 1 -13,808 13,808
2015 14,883 0 0 0 0 0
2016 16,041 1 1 1 16,041 16,041
2017 17,289 2 4 16 34,578 69,156
TOTAL 74,832 0 10 34 11,189 150,249
a= 1,041,798 c= 2,925
70 70
Table 18
Year a B X c X² Yc
2018 14,882.83 1,118.90 3 42 9 18,616
2019 14,882.83 1,118.90 4 42 16 20,027
2020 14,882.83 1,118.90 5 42 25 21,522
2021 14,882.83 1,118.90 6 42 36 23,101
2022 14,882.83 1,118.90 7 42 49 24,763
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Table 19
Table 19 shows the actual projected supply for the next five years. The table indicates
that the projected supply is increasing in the succeeding years. This only means that the
Table 20
Unsatisfied Demand
Table 20 shows that for the coming years, there would be an increase in amount
of unsatisfied demand, given that the demand is greater than that of supply. This means
that the business has a high possibility in having its place in the market.
E. PRICE STUDY
One of the many consideration customers make before buying a certain product or
service is its price. With this, the proponents had some factors to consider pricing their
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product such as prices of raw materials, labor costs, markup costs, and other direct and
indirect cost incurred in the alteration of raw materials into finished products.
As an introductory price, Delish enterprise will be selling the tofu veggie patty at
P50 per pack which contains 4 patties. The proponents made the product affordable to
encourage customers to give it a try. They will ensure that the price is worth satisfying in
order to meet their customer’s needs and wants. The competitors price of 225 grams
1. Demand Factors
This part will talk about factors that could affect the demand of a product
growth, and customers’ preference in order for the enterprise to respond to them.
a. Price
Price is a basic factor that will affect the demand of such commodity. More often,
customers would tend to buy if the product is price friendly. The enterprise will be going
to price the product depending on the total cost of the production and all the expenses
incurred. They made sure that the money spent by the customers on their product is worth
the price.
products to the customer but also taking into account its quality that would satisfy their
b. Income
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Another factor is the income of customers which could determine the ability of
them buying the product. The higher the income, the higher possibility that consumer’s
Therefore, the enterprise will offer the product at a less expensive price so that the
Being a food lover is innate with the Filipinos. They want to try products that
have a twist which is suitable to their taste buds. The enterprise will produce products
that could satisfy their needs and wants wherein it can encourage customer to patronize
the product and to produce of-quality and delicious tofu veggie patty.
In relation to this effect, the enterprise will continuously improve the taste base on
the customer’s preference which can cause people to want and buy more of the products.
They tend to innovate a different kind of patty product can meet the taste of the
consumers.
d. Population Growth
Yearly, the population of Baguio City increases due to different factors like
students who prefer to study in universities around the city, families who resettle and
Therefore, the enterprise will counteract this factor by producing more patty to
e. Quality
Quality is vital in satisfying customers in order to gain their loyalty that could
make them continue to buy it in the future. The enterprise will make sure that the
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products they will be producing are of high quality by purchasing their raw materials and
Therefore, the enterprise will counteract by ensuring that the manufacturing and
processing standards will be strictly implemented to guarantee the quality of the product.
2. Supply Factors
Factors stated below are some of the reasons affecting the production of the
enterprise. The circumstances are unpredictable due to unstable economy of our country.
The prices of raw materials can affect the supply because the cost can be greater than
what is expected due to different factors like inflation. This can increase the cost of
production. If the price of raw materials needed is high, it can affect the production of
Because of this, the enterprise should be wise in buying their raw materials and that
they should be able to maximize well their resources to be efficient in their production of
supplies.
2. Competitors
The enterprise cannot avoid having competitors because in every area of business
there will be always a competition. The more the competitors the higher the chance that it
In order to lessen the competition, the enterprise will make sure that their product
3. Legal Provision
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There are certain policies that the enterprise is ought to follow that are related in
the production. The enterprise will strictly comply with all the rules, regulation,
Having said this, they will make sure that these are always strictly followed. This
is to prevent violations and penalties that can affect the integrity of the enterprise.
H. Marketing Program
Marketing Program is used to introduce new products and services in the market.
It is used by businesses for them to prosper and achieve their goals. Its main objective is
to have marketing plan and strategies. Thus, it is very important for the product to be
known and to be recognized so that it will lead to the long-term success of the business.
1.Product
The proponents introduced a new twist of patty which they call as Tofu Veggie
Patty. From the name itself, the patty is composed of tofu which made it unique.
The goal of the enterprise is to give nutritious benefits and satisfaction to its consumers.
Product Packaging
2.Price
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The proponents noticed that price is one of the basis of customers in buying
products. Therefore, they will be pricing the product in a more budget friendly price but
also not setting aside the quality of it. Delish enterprise decided that the price of Tofu
Veggie Patty will be P50 per pack which contains of four (4) patties.
3.Place
Pinsao Proper, Baguio City. The site is just 10 minutes going to the town proper which is
4. Promotion
Advertising is one of the most successful way in reaching the market. The
enterprise will advertise the product through the use of flyers and through the help of
social media. The advertising paraphernalia contains the enterprise location, contact
number and social media page. One week before the official opening of the enterprise,
flyers and posters will be distributed around Baguio City and through the help of social
A. Sample flyer
1.Facebook
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2. Instagram
CHAPTER III
TECHNICAL FEASIBILITY
Introduction
This chapter discusses about the process of production and the activities of the
enterprise. It also states the machineries or tools used in the production and other aspects
regarding bringing raw materials into finished products ready for trade.
This chapter will show the product process using a flow chart. The list of
machineries, tools or equipment are listed with its specific cost in the market. It also
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presents the plant layout, size and structure for the purpose of identifying the enterprise
operation.
A. PRODUCT DESCRIPTION
The proponent’s product is known as “Tofu Veggie Patty” and its main ingredients
is tofu. Other ingredients of the patty are onion, egg, flour, ground cumin, garlic powder,
turmeric powder, salt, bread crumbs and soy sauce. It’s far from the regular patties that we
eat because it contains no meat and preservatives. It is a round yellowish patty and the
B. PRODUCTION PROCESS
The production process includes all the preparations and measurements of all
ingredients. This also illustrates the step-by-step process of making the tofu veggie patty
from the preparations to the setting of tofu veggie patty packaging. The proponents will
make 75 packs of patties with 4 pieces of 3.5 diameter patties per pack. The enterprise will
Ingredients needed in making 300 pieces of tofu veggie patties are the following.
• 10 kg of Tofu
• 225 g of salt
Procedure:
Prepare all the necessary ingredient and utensils needed. Wash and rinse the utensils
All ingredients should be placed in a working table such as onion, eggs, bread
crumbs, flour, cumin, turmeric powder, black pepper, salt and tofu. Chop the onions and
measure the necessary ingredients into proper measurements and put into a bowl that fits
each ingredient.
Beat the eggs in the large mixing bowl and mix it with the smashed tofu using a
large fork.
In the large mixing bowl with the tofu and eggs, add the chopped onions, bread
crumbs and all-purpose flour then mix well using a large fork. Then add ground cumin,
turmeric powder, salt and pepper and mix them all together thoroughly.
Use a ¼ measuring cup to for 1 patty. Then place in a flat clean surface covered in
satin wrap and press it down forming a 3.5”diameter. Each patty should be 3.5” diameter
and 50 grams
8. Packaging (2 hours)
Each package should contain 4pcs of tofu veggie patty with each piece being
separated by a patty separator. 300 pieces of tofu veggie patties could make 75 packages
Packaging ( 2 hours)
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The location of the business will be located at ground floor space 2 Located 229
Tam-awan Point, Pinsao Proper, Baguio City. The floor space of the plant is 36𝑚2 . The
proponents considered some factors choosing the location of the business. It only takes 10
minutes away from the town proper and also it is near at the jeepney line. The operation
days will be from Mondays to Saturday. Collection of payment and delivery will be made
every after production. There are 75 packs of patties in one cycle of production, 1,776
packs for one month and 21,312 for the first year. The enterprise will have 24 working
days in a month. The manufacturing of the product will be open at 7 o’ clock in the morning
to 12 o’ clock in the afternoon and 12 o’ clock to 1 o’ clock will be for the lunch break.
There will be three employees in the enterprise. One of employees will be an all-around
worker and the other two employees will focus on the production. The delivery schedule
is every other day from 1 o’ clock to 3 o’ clock. Our product will last at least 4-6 weeks in
a cool place.
Production
Origin Tiongsan Harrison
1. Freezer
Quantity 1 piece
2. Refrigerator
Model NR-A6013FTG
Price 13,390
Quantity 1 piece
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OUTSIDE
INSIDE
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Ground Floor Space 2 Located 229 Tam-awan Turning point, Pinsao Proper,
Baguio City will be the location of the production site. The rent expense will be 12,000 per
month including the water and the electricity bills. The water supply will be coming from
I. RAW MATERIALS
The following raw materials describe the quantity and its cost that will be incurred
Total 1,351.86
Multiply by: 24
TOTAL 32,446.64
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J. UTILITIES
1.Electricity
needed to work during the production process. As a commercial consumer, the consumer
2.Water Supply
Water tank, pipes and faucet is directly installed on the production site. Baguio
Water District (BWD) will be our provider of water, it will be used to wash raw materials,
tools and to use for cleaning the production area .As a commercial business, the enterprise
will pay the rate of 59.05 a month per cubic meter. Water supply is included in the rent
expense.
K. WASTE DISPOSAL
Residuals to maintain the cleanliness and orderliness inside the production area. The
enterprise will follow the scheduled collection of the garbage in place where the plant is
L. PRODUCTION COST
Cost 14.05
Total 46.34
Salt ¼ kg 20/kg 5
Total 1351.86
Total 330.24
Total 990.72
Total 1,365
M. PROJECT COST
Items Notes Amount
Equipment 1 21,480
Note 1: Equipment
Equipment Place of Purchase Unit Total Cost
Total 21,480
Total 1,100
Total 2,402
Salt ¼ kg 20/kg 5
Total 1,351.86
Multiply by: 24
TOTAL 32,444.64
Total 21,600
Total 1,584
Hair Net 4 15 60
Total 260
Total 552
50
Philhealth 100
SSS 525.60
Total 1,925.60
Total 5,776.80
Cedula 5.60
Registration 500
Documentary Stamp 50
Photocopy 400
Printing 600
Envelope 150
Total 2,050
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CHAPTER IV
FINANCIAL STUDY
Introduction
The financial study discusses the major assumptions, income statement, financial
position, financial analysis and cash flow statement of the enterprise for the next five (5)
years of operation. This financial study represents the effective results of the company’s
technique and structure to gain information about the present and future financial health
of an enterprise. It also includes the specified terms whether the project will be profitable
MAJOR ASSUMPTIONS
successful. The financial projection would represent the company’s strategy to gain
information whether the project will be profitable for our near future
1. Annual Operation
The enterprise will commence its first year of operation on June 3, 2018. Working
hours starts from 7:00AM-3PM a total of eight (8) hours. Working days will be six days
(Monday-Saturday). There will be a total of 168 working days for the year 2018 and 288
2. Annual Production
The daily production would be 75 packs of patties with 284 grams per pack. The
first year of production (2018) will start on June, there will be a total of 21,600 packs of
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tofu veggie patty for the year. An increase of 5.10% in the production per year is
assumed.
3. Purchases
There will be an increase in the purchase of direct materials and indirect materials
by 10% annually to meet the annual increase in production and the cost will be increased
by 2%
4. Spoilage
The enterprise will assume a 2.5% spoilage of the total annual production for the
year 2018 and 5% on the total production for the succeeding years.
5. Selling Price
The selling price of Tofu Veggie Patty would be Php 47 per pack. The selling price
6. Sales
The enterprise will assume a sale of 100% on its production on cash basis.
7. Salaries
8. Utilities Expense
9. Rent Expense
The rent expense is based on a five-year lease contract which costs Php 12,000 per
month
Cost of the other expenses like the raw materials is estimated to increase by 2% for
The enterprise would be having three (3) employees starting from the first day of
The enterprise assumes that all prices of supply are subjected to increase by 2%
annually on cost
The refrigerator and freezer will be depreciated using the straight line method,
which have an estimated useful life of 5 years. No salvage value will be assumed by the
enterprise.
In the first year of operation, the enterprise expects to spend Php 250 for 500 copies
of flyers and the like Php 250 for 500 copies of flyers in the succeeding years
The partners of the enterprise will be contributing Php 50,000 each accumulating
a fund of Php 200,000 for the initial investment. The proponents will share in the profit
and losses that the enterprise will benefit. The partners will be allowed to withdraw 60%