THREE RICE RETAILER

A. VISION AND MISSION

VISION
To be the number one rice retailing store in Cordon, Isabela and to become a
leading and consistent rice retailer in Cordon and a potential rice supplier in the public
market.

MISSION
Therefore, this business is committed to:
-To provide quality and affordable rice;
-To maintain quality service and competence for profitability, consumers’
satisfaction and sustainability;
-To ensure that properly bagged rice are at the affordable prices; and
-To get a high and well- recorded profit so that it will last long.

B. BUSINESS DESCRIPTION

Filipinos are widely known as a rice consumers. Rice is the major component
Filipino-diet. Breakfast, lunch and dinner are not complete when rice is not served. This
facts makes rice retailing a lucrative and promising business. The name of the business
is “Three Rice Retailer” because every Filipino loves to eat three times a day.
Three Rice Retailer is located at Cordon, Isabela Public Market. Also, there is an
abundant supply of rice in Turod Sur, Cordon, Isabela at Jagto’s residence, therefore
constant supply of stocks is not a problem. This is an assurance that the retailer will never
run out of supply. Rice retailing will cater the needs of less fortunate in the community
who cannot afford to buy rice in bulk.

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 FINANCIAL PLAN
Form 1- (Farm record of Activities)
Enhancing Competitiveness in low Yielding Rice Areas (Model Farm)
NAME OF FARMER: Ralph Arven Y. Palala
Area (Ha): 1 ha Cropping Season: Wet Season

ITEM MAN- ANIMAL VALUE (₱) REMARKS

DAY
A. LABOR COST
1. Seedbed Preparation 2 Days 300 600
2. Seed Soaking 1 Day 300 300
Seed Incubation 1 Day 300 300
3. Seed Sowing 1 Day 300 300
4. Water Management of
Seedlings
-Irrigation
5. Fertilizer Management 1 Day 300 300
of Seedlings
-Fertilizer Application
6. Pest and Disease 1 Day
Management
Spraying ( Pesticide) 1 Day 300 300
Baiting
Repair and Cleaning of Dikes 4 Days 300 1200
7. Land Preparation
a.) Plowing ( Machine) 2500 2500
- Plowing ( Animal) 400 400
b.) Harrowing ( Machine)
1st 1250 1250
2nd 1250 1250
- Harrowing (Animal)
1st
2nd
8. Leveling
9. Pulling of Seedlings 1 Day 3 pesos/ piece 3000
1000 x 3
10. Planting/ 5000 5000
Transplanting
Replanting of Missing Hills
11. Fertilizer
Management
- Basal 2 Days 300 600
- Topdress 1 2 Days 300 600
- Topdress 2 2 Days 300 600
- Topdress 3 2 Days 300 600

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 12. Irrigation
Management Free Irrigation
1st
2nd
3rd
Pest Management
13. Weed
Management
-Manual Management
1
2
3
-Use of Herbicide/ Spray 1 Day 300 300
1
2
3
14. Insect
Management
-Spraying
1 1 Day 300 300
2
3
15. Disease
Management
-Fungicide
1
2
3 1 Day 300 300
-Bactericide
1
2
3
16. Harvesting
a. Manual
b. Combine Harvester 7 Cavans/ 100 Cavans 9163
17. Thresing
a. Manual
b. Machine
18. Hauling 1560
19. Drying
Area Harvesting (Ha): 140
Cavans
Production (Canvas @ 50
kg): 154
Average Yield: 55 cavans
SUB-TOTAL ₱ 30, 723

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Form 1- (Farm record of Activities)
Enhancing Competitiveness in low Yielding Rice Areas (Model Farm)
NAME OF FARMER: Ralph Arven Y. Palala
Area (Ha): 1 ha cropping Season: Wet Season

ITEM QUANTITY UNIT AMOUNT REMARKS

B. INPUTS PRICE (₱) (₱)
1.Hybrid Rice: Variety 2 Cavans 1600 pesos 3200 3200
(Identify) 222
2.Fertilizers Applied
a.) AT SEEDBED
1. Complete (14-14-
14) kg
2. Urea (46-0-0) kg
3. Others (Specify) 20 kilos 12 pesos 280 280
kg 21-0-0
-
-
-
b.) BASAL
1. Complete (14-14- 2 bags 1200 pesos 2400 2400
14) kg
2. Urea (46-0-0) kg 2 bags 1200 pesos 2400 2400
3. Others (Specify)
kg
-
-
4. Biozone (kg)
c.) TOPDRESSING
a.) Topdress
(Specify)
1
2
3
4.MOP (kg) 1 bag 1800 pesos 1800 1800
3.Insecticide (Specify)
1
2
4.Fungicide (Specify)
1
2
5.Molluscicide (Specify)
1 2 kilos 350 pesos 700 700
2
6.Herbicide
7.Sacks
SUB-TOTAL ₱ 10, 780
C. TOTAL COST OF ₱ 41, 503
PRODUCTION
(A+B)
Marketing

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No. of kgs. Sold: 6720
Price per kilogram: 17
pesos
D. GROSS SALES ₱ 114, 240
E. NET INCOME ₱ 72, 737
(Gross Sales-
Total Cost of
Production)
F. RIO (Net Income/
Total Cost of
Production *100)

Rent (Public Market) 12 Months 48, 000

Led Light 270 pesos/piece 540
Labor Cost 250 pesos/day x 4 men x 365,000
12 months
Other Materials like 10,000
sacks, plastic bags etc.

Rice Mill Machine 1 Rice Mill Machine 150,000

Total: 573, 540