G.

Major Assumptions and Summary of Findings and Conclusions

1. Market Feasibility

In this part of feasibility, our main concern is to know the current market
situation of Sorbetes in order to know if there is a demand and profit for this
business, our potential buyers which are the students and their disposable
allowances, include the possible customers that we can gain on the said location,
Gaisano Grand Mall Mandue Centro.
This would also show the result of our marketing research through the use
of survey questionnaire, as well as the SWOT analysis for our business, the name
of the product, description of our product, the major users of the product or the
target market.

2. Technical Feasibility

This aspect assesses the detailed physical, mechanical and chemical

properties of the product; it includes the processes in producing the product and
how it will be delivered and the timeframe of each process in producing the product.

Physical Property

This will include the detailed illustration of our location, the layout of our
shop, the machineries, equipment and supplies we will be using, the raw materials
we will need, and the manpower.

Mechanical Property

This will include the detailed materials or medium we will be using to

facilitate the sell of the product.

Chemical Property

This will include the detailed ingredients of our product and the nutritional
contents or benefits of each.
 3. Financial Feasibility

Before we proceed to our study, we need to determine if our business can

sustain the profitability and the status of our business in the market. In other
words, we need to focus on the major assumptions of the business, accounting
policies, financial statement such as the income statement, cash flows, balance
sheet in supporting the schedule to the financial statement that serves as a
reference in case we encounter a problem in our business.

In addition, this will be determine if our business will survive or not

in the market. We shall test it according to the flow of expenses, financial status,
and its capital investment of the business that we were conducting to know if the
business will succeed in the future.

4. Socio Economic Study

This part of the study will identify a number of economic benefits and
opportunities that the business could bring to the community that supports long
term sustainability in terms of economic growth and social well being.

5. Management Study

In this part of feasibility, our main concern is developing a strong

framework of governing body that would administer the overall operation of the
business. In this aspect, we have to decide on what form of organization the
business would have, the corresponding organizational chart that the organization
would follow the positions of the employees, their job descriptions and
specifications, and their respective duties and responsibilities.

Furthermore, we have to develop a project time schedule that would serve

as a guide to what would be the itineraries that must be met in a particular span
of time - from the project conceptualization up to the first day of actual operation
unto its continuing cycle of operations. In addition to the mentioned pertinent
information, we must also draw out a corporate policy that would dictate the norms
of the organization, the recruitment process, the employee schedule, the
compensation and salary schedule, employee benefits and packages, and the
product offered by the competitors.

Our form of organization is limited partnership. The organizational chart

style is the line type, and there are three positions in the company: one (1)
operation manager, one (1) supervisor, two (2) supply negotiators and four (4)
store attendant/crew. We have employed Gantt chart as our type of project
scheduled, have enumerated several sections of corporate policies and numerous
provision for disciplinary sanctions.

We have also designed our own recruitment process, have plotted

the employee’s schedule wherein there would be no day-offs during weekends
which is considered the peak period. We also came up with the corresponding
salary/compensation schedule and the benefits and packages entitled to them.