Chapter I

Background of the Study

1.1 Introduction

For today’s generation, we tend to innovate simple things into a

new and artistic one. Just like in beverage industry, creating a

fusion that could catch up the trend in the society.

In Iloilo City, milk teas are in trend. Milk Tea shops sprout like a

mushroom, wherever you are, you can easily spot a milk tea kiosk or

store. Ranging from local brand up to the more established brand.

Common flavors like wintermelon,oreos, honeydew and a lot more. With

just a combination of milk, tea, sugar and your preferred add-

ons(jelly, pearl or nata de coco).

Three (3) years from now, after we graduate from college, we plan

to venture on a business which is on trend and suited for every

generation. We observed that Milk Tea is currently the leading start

up business for first timers. Since we are fond of drinking this, we

come up to the idea of making it as our inspiration to put up a

business. Since milk tea is common drink for now, we come up to

innovate the usual taste of it, so we created “JACCS Tipsy Tea Series”

an innovated mix of milk tea that contains a small amount of liquor.

1.1.1 Background of the Study

This study will help analyze and evaluate the proposed “JACCS

Tipsy Milk tea Series” and to make sure that the proposed project is

legally and technically feasible and economically justifiable. This

study will also help to determine different variables involved with

our proposed product and how it will be accepted on the open market

along with who will be the target market.

Innovations of beverage nowadays are being used by business

owners to catch the attention of the customers. From our usual drink

up to the most unimaginable combination of ingredients. Giving us a

new variety of taste that could soothe our thirst. The researchers

believe that this new product has a competitive advantage and positive

impact in milk tea industries. Therefore, we are aiming for the

feasibility of our new milk tea series the “JACSS Tipsy Tea”.

1.1.2 Name, Location, and Logo and Color

Name

JACCS Tipsy Tea Series

We derived this name by combining our name initials, Jeremie,

Angel, Chona, Charlene and Shaina. Since we all love milk tea and

liquor and milk tea is in trend we decided to come up to business

wherein we could use the trend to gain our target market. We decided

to innovate the common ingredients of the usual one.

Location

Our location is at M.H del Pilar Street, between 7-Eleven and La

Fiesta Hotel. We chose this location since it was near schools,

hospitals and other establishments that contains our possible target

market and is easy to access.

Logo

Our logo is composed of the first letter of our name (JACCS) with

a photo that represents a milk tea product with pearl.

Color

Our colors for the logo are black which symbolizes strong

personality of the owners, and light brown that represents milk tea

product.

1.1.3 Vision and Mission

Vision Statement

“To provide the best quality, most innovative and

reasonable priced products in the beverage industry. To be

the leader in our industry attained by a well-planned

expansion through retail outlets and wide product

distribution.”

Mission Statement

“To create a different milk tea drinking experience

that would leave customers satisfied and looking forward to

more.”
1.1.5. Hypothesis

A hypothesis is a proposed explanation for a phenomenon. For

a hypothesis to be a scientific hypothesis, the scientific method

requires that one can test it. Scientist’s hypothesis on previous

observation that cannot satisfactorily be explained with the

available scientific theories. Wikipedia

1.1.5.1 Age:

H1: Age influences consumption of milk tea

H0: Age doesn’t influence consumption of milk tea

1.1.5.2 Income

H2: Income doesn’t influence consumption of milk tea

H0: Income influences consumption of milk tea.

1.1.5.3 Gender

H3: Gender doesn’t influence consumption of milk tea

H0: Gender influences consumption of milk tea.

1.1.5.4 Price per cup

H4: Price per cup doesn’t influence the consumption of milk

tea.

H0: Price per cup influences consumption of milk tea

1.1.6 Theoretical and Conceptual Framework

Customer
Satisfaction

Word-of- Needs and

mouth Expectations
1.1.7 Scope and Limitation

The scope of this study cover 20 randomly selected people in

Iloilo City. The factors covered in this study are Age, Income, Gender

and Price per cup.

1.1.8 Significance of Study

This feasibility study aims to know the overall acceptability of

JACCS Tipsy Tea in the market after analyzing its market, technical,

financial and management aspect of the project. At the end of this

research, the researchers should be able to prove if the proposed

innovation can be marketable and can compete with the other leading

brand and choices. All in all, this research can be beneficial

specifically to:

Consumer – the result of this research can be beneficial for them

because they can try the new taste or version of the product. The

overall success of the research depends on the response of every

consumer

Owners – the owner can benefit through the existing of new

product since they can create or capture the attention of

consumer. The more consumer they can capture, the more profitable

its business.
 Chapter II

Review of Related Literature and Studies

2.1. Review of Related Literature

2.1.1 Local Studies

A. Tipsy Tea – Marikina

They are located at Manila, Philippines. They offered

different kinds of milk tea flavor infused with different types

of liquor that you preferred. They were the first milk tea –

infused alcohol store in Metro, Manila and first to offer this

kind of product in the Philippines. It was owned by Ryan

Laurente, Matet Laurente, Jeremiah Joaquin, and Lens Wong, wanted

to attract milk tea lovers who are looking for something

different. They have different flavors such as GraviTea(rhum and

hazelnut) and AlmighTEA(vodka and honey)

B. Zozzle Tea

It is a new, authentic, and innovative milk tea shop in Cebu

City that offers a alcohol-infused milk teas and tea based

cocktails. They opened their store last October 18. Aside from

being the first alcohol-infused milk tea in the City, they have a

great advantage since they are using their very own handicraft

muscovado syrup instead of using a common sweetener. Their boba

is also soaked in the same signature muscovado syrup.

(c.sugba.ph)

C. Default: Café Pub

It is located in the streets of Malate for quite some time,

with its popular aesthetic interior and uniquely curated menu

that will make you invite your friends. You can choose your

preferred base which varies from mild to the strong taste of

alcohol. And you can pick the perfect partner to complement the
 alcohol of your choice. Flavors like vanilla, chocolate,

strawberry, caramel and hazelnut. (c.wethepvblic.com)

2.1.2. Foreign Studies

In Foreign countries milk tea infused with alcoholic

beverages are common. They are using milk tea as the base and mix

it up with cocktail drinks or other alcoholic drinks to come up

with a new taste.

Chapter III

Research Method

3.1 Market Study

Market study is a study that analyzes market demand for a

particular product or service. It analyses the activities in the

market in regard to such influences as location, demand, and

competition which may or may not affect the value of property.

3.1.1 Methodology

Descriptive – quantitative research design is utilized in

this study to ascertain the feasibility of JACCS Tipsy Tea. This

research design is used to describe the characteristics of

population or phenomenon being studied as well as identify the

factors that may or may not influence the nature of the study.

3.1.2. Survey

Name: Age: Date:

Gender: Contact No. Occupation
Questions:
1. Rate from 1-10. 1 as the lowest and 10 as the highest. How satisfied

are in our Tipsy Tea?

__ 1-3 __ 4-6 __ 7-8 __ 9-10

2. How do you find the taste of our Tipsy Tea? Rate from 1-10. 1 as the
 lowest and 10 as the highest.

__ 1-3 __ 4-6 __7-8 __ 9-10

3. What kind of Tipsy Tea do you often purchase?

__ Small __ Medium __ Large

4. What kind of add-ons do you avail on our Tipsy Tea product?

__ Pearl __ Pudding __ Natta de coco __ Coffee Jelly

5. Do you find our price more affordable?

__ Yes __ No
6. Do you prefer using an eco-friendly cup or single use cup?

__ Eco-friendly cup __ Single use cup

7. Are you satisfied with the services that we offered?

__ Yes __ No
8. How comfortable are you inside our store? Rate from 1-10.

__ 1-3 __ 4-6 __ 7-8 __ 9-10

9. How often do you visit our store in a week?

__Once a week __ Twice a week __ Thrice a week

10. Is our place accessible?

__ Yes __ No

3.1.3 Demand

Demand is a quantity of good that consumers are willing and

able to purchase at various prices during a given period of time.

The relationship between price and quantity demanded is also

known as the demand curve. Wikipedia

The demand for milk tea for today’s time is high since it

was on trend and in in the society. More people love the taste of

this drink. As for our business, since the demand is high, we are

going to expand our business and venture in locating it all

around the city to cater more customers. We will add new variants

and versions to attract more target market.

 3.1.4 Consumer of the Service

The consumers of this product are mostly people that love

both milk tea and liquor. There is no specific age, gender and

profession prescribe as long as they prefer to drink milktea.

3.1.5. Competitors

We observed the following competitors within the area that

offers the same product to us.

Kai Thai Royal – it is located before Iloilo Doctors

Hospital and across the University of the Philippines Iloilo

campus. They sell a milk tea that offers the same flavors like

ours. The company is ahead of us in terms of establishing and

operating. They operate for 24 hours a day.

Chowking – located before Kai Thai Royal and before John B.

Lacson Maritime University. They also sell milk tea as add-ons to

their main product. We considered this as our competitor since

they are also selling the same product like ours.

3.1.4. Supply

The supply for our raw materials are can be easily found in the

market. Sugars, liquors, milk tea mixes, cups and straws and milks are

all accessible and visible in the market.

Sugar – the supply will be purchased at Iloilo Super Public

Market, which is 50 kilos good for 1 month.

Liquors – the supply will be purchased per dozen at a wholesale

store.
 Milk tea Mixes – supply will be purchased per kilo with the

variety of different flavors that will last for a month.

Milk – supply will be purchased at a wholesale store that will

last for a month

Cups and Straws – will be purchased at a wholesale store that

will last for a month

3.1.5. Service Perspective

We assumed that the customer will be satisfied with the products

and services that we offered. Giving them the right expected service

they want upon purchasing our product.

3.1.6 Sales Projection

Our expected sales for a week, month and year.

4,500,000
4,000,000
3,500,000
3,000,000
2,500,000
Week
2,000,000 Month
1,500,000 Year

1,000,000
500,000
0
2020
2021
2022
Figure 3.1 Sales Projection for the next 3 years.

Sales Projection

For Year 2020

• Weekly Basis

Regular Cup (85 per unit) x 30 pieces sold = P 2,550

Large Cup (120 per unit) x 50 pieces sold = P 6,000

P 8,550 x 7 days

Weekly Income = P 59,850

• Monthly Basis

Weekly Basis P 59,850.00 x 4 weeks =

Monthly Income = P 239,400

• Yearly Basis

Monthly Basis P 239,400 x 12 months

Income for the Year of 2020 = P 2,872,800

For Year 2021

• Weekly Basis

Regular Cup (P85 per unit) x 40(pieces sold) = P 3,400

Large Cup (P120 per unit) x 60(pieces sold) = P 7,200

Daily Basis P 10,600 x 7 days

Weekly Income = P 74, 200

• Monthly Basis

Weekly Basis P 74,200 x 4 weeks =

Monthly Income P 296,800

• Yearly Basis
 Monthly Basis P 296,800 x 12 months =

Income for the Year of 2021 P 3,561,600

For Year 2021

• Weekly Basis

Regular Cup (P85 per unit) x 50(pieces sold) = P 4,250

Large Cup (P120 per unit) x 70(pieces sold) = P 8,400

Daily Basis P 12,650 x 7 days

Weekly Income = P 88,550

• Monthly Basis

Weekly Basis P 88,550 x 4 weeks =

Monthly Income P 354,200

• Yearly Basis

Monthly Basis P 354,200 x 12 months =

Income for the Year of 2022 P 4,250,400

3.1.7 Marketing Strategy

Marketing strategy is a long-term, forward looking approach to

planning with the fundamental goal of achieving a sustainable

competitive advantage. Wikipedia

Strength Weaknesses
S1. Affordable price W1. Customer waiting

S2. Approachable Staff time

S3. Location W2. Lack of pearls

W3. Limited space

Opportunities Strength-Opportunities Opportunities-Weaknesses
O1. Manufactures their S1,S2,S3,O2 -Expand the W3,O2- provide a loyalty
own ingredients location space. card that rewards them a

O2. Popularity of milk S1,S2,O3 - Provide more discount or a free drink

tea stocks W1,W2,O1,O3 Provide an

O3. Large target market S3, O3 – Generate alternate add-on

promotion to attract ingredient

customers W1,O1- Provide a Wi-fi

connection
Threats Strength-Threats Threats-Weaknesses
T1. Competitors within S1,T1 – Maintain the W1,T1 – create a time

the area affordable price frame in serving

T2. Banning of plastic S3,T1,T3 – Provide customers

straws and cups Generator W1,T3 Provide a ready to

T3. Power outage S2,T2 – Using of serve variant

ecofriendly cups and W1,T2 – Customers could

straws bring their own cups

Strengths – Opportunities

S1,S2,S3,O2. Expand the location space. Expand the place of

the shop; more convenient and larger space to cater large amount

of clients in peak hours. Also expand wider market to cater

(cart, schools, and kiosks.)

S1,S2,O3. Provide more stocks. We should develop a product

that eye-catching and instagramable worthy to attract more

customers especially millennial. Consider and be aware of the

trends in the market and maintain the quality.

S3,O3. Generate promotions to attract more customers.

Advertise more in social media or poster around Iloilo City. Add

LCD TV inside the shop that can advertise your offering and short

video about JACCS Tipsy Tea. Put signage where customers can
 locate the shop or have a direction board signage in some roads

to inform possible customers.

Weaknesses – Opportunities

W3,O2. Provide a loyalty card that rewards them a discount

or a free drink. JACCS could encourage customers to make a repeat

order because of loyalty card. Customers often choose a milk tea

shop that offers a discount every purchase or a free drink after

8-10 repeat orders.

W1,W2,O1,O3. Provide alternative ingredients. JACCS Tipsy

Tea could offer a substitute add-on like nata de coco, coffee

jelly, pudding and crushed Oreo.

W1,O1. Provide a Wi-Fi connection. Provide this to keep

customers entertained while waiting or they can also enclosed the

shop and have it air-conditioned to avoid hot atmosphere.

Strength – Threats

S1,T1. Maintain affordable price. We compared the prices

from our competitors. JACCS Tipsy Tea is more affordable price

that we could gain more customers and when our income increases,

we could develop more flavors by innovating and thinking new

ideas.

S3,T1,T3. Provide generator. Power outage is unavoidable

situation. To make our operation uninterrupted, JACCS Tipsy Tea

 should at least provide a generator so that the business operates

continuously.

S2,T2. Using of eco-friendly cups and straws. A lot of

customers nowadays chooses and praises a business that is already

using eco-friendly cups and straws. JACCS could use this to catch

customer attention.

Weaknesses – Threats

W1,T1. Create time frame in serving customers. increase

number of staffs to cater the needs of customers. JACCS could

also acknowledge the employees in serving the customers and

eventually come up into an idea that can help the growth of the

business by more techniques and trainings as they employ in the

shop and seminars two times a year as they start working in the

shop.

W1,T3. Provide a ready to serve variant or ingredients. We

should provide a ready to serve ingredients so that the

customers won’t wait longer.

W1,T2. Customers could bring their own cup. Because of

banning of straws and cups, we should allow our customers to

bring their own cup. And we will give them a special

discount.

3.1.8 Services
 Activities, benefits and satisfactions which are offered for sale

or are provided in connection with the sale of goods.

As for our business, we offered different kinds of milk tea

infused-alcohol, cakes and dessert to complement the teas and Wi-Fi

available throughout the day.

3.1.9 Services Strategies

We created a survey wherein the consumer can rely the wants and

needs in order to patronize a store. Asking them possible suggestions

that we could innovate for the betterment of our business. Turning

their dream services for a milk tea shop into a reality.

3.1.10 Advertising

We plan to advertise our product through flyers and social media.

3.1.11 Place of Distribution

Our product will be distributed at M.H del Pilar Street. In

between St. Therese college and 7-eleven Store.

1.14 Strengths-Weaknesses-Opportunities-Threats Analysis

SWOT analysis is a framework that analyzes the organization’s

strengths, weaknesses, opportunities and threats that they face. It

helps the organization to focus on its strengths, minimize threats and

take the greatest possible advantage of opportunities available for

them.

Strengths Weaknesses
S1. Affordable price W1. Customer waiting time

S2. Approachable staff W2. Lacks of pearls

S3. Location W3. Limited space

Opportunities Threats
O1. Manufactures their own T1. Competition within the area

ingredients (add-ons) T2. Banning of plastic straws and

O2. Popularity of Milk tea cups

O3. Large target market T3. Power outage

Table 2 SWOT analysis of JACCS Tipsy Tea

Strengths

Capacity to resist force or pressure, capital, knowledge,

skill or other advantage that a firm has or can acquire over it’s

competitors in meeting the needs of its customers.

S1. Affordable Price. Since the target market of JACCS

Tipsy Tea is students, our prices are affordable.

S2. Approachable Staff. One advantage of JACCS Tipsy Tea is

that all our staffs and owner are approachable.

S3. Location. The location is great since it was near at

schools, offices and hotels.

Weaknesses

A company’s weakness is any resource or process that your

business lacks, but needs to succeed. Weaknesses limit your

company’s ability to reach its full potential. Companies often

analyze their weaknesses as part of a strategic planning process

known as SWOT which stands for Strengths, Weaknesses,

Opportunities and Threats.

 W1.Customer waiting time. The preparation of Milk tea is a

bit longer.

W2. Lack of Pearls. The pearl add-ons are fast to get out of

stock since it was common add-ons to the customers.

W3. Limited space. We can’t accommodate more customers since

our location is limited in space.

Opportunities

A business opportunity involves the sales or lease of any

product, service, and equipment that will enable the purchaser-

license to begin a business.

O1. Manufactures their own ingredients (add-ons). We

personally cook our ingredients and add-ons, it help us lessen

our expenses.

O2. Popularity of Milk Tea. As the popularity of milk tea

arises, more customers and profit could make in the future.

O3. Large target market. It is the best opportunity to us

because our location is near at schools, offices and hotels. And

it is accessible to everyone.

Threats

A threat is an external factor that may affect the

performance of business. Often a business faces many threats,

other than competition, when operating its affairs.

 T1. Competitor within the area. Since the milk tea

popularity arising, more competitors with the same product

alignment are visible. Examples of competitor of JACCS Tipsy

Tea within the area are Chowking and Kai Thai Royal which is

more stable and established.

T2. Banning of plastic straws and cups. When plastics are

banned, it could be considered as threats to the business

since it was the main equipment in serving the product. The

company will be using metals or eco-friendly materials that

are bit more costly than plastics.

T3. Power Outage. This threat is unavoidable. Power outage

could generate loss to the business since the product is

created through power generated machine.

3.2 Market Study

3.2.1 Organizational and Management Study

3.2.2 Explanation about the Management of the Study

3.2.3 Type of Business Ownership

The type of business that we want is Partnership. We chose

this as our type of ownership since we decided to give a share of

funds to put up this. We think that it is advantage since we

excel in different aspects in handling a business that could be

our key for the success of our chosen field.

3.2.4 Legal Requirements

1. All business industry whom capital is above 3,000php and up must

register in Security and Exchange Commission (SEC).

2. Mayor’s Permit and Business Permit from the local government of

the city or municipality where the business located.

A. Application Form

a. DTI registration, whichever is applicable.

b. Title covering the property where the business is located.

c. Location or Zoning Clearance

d. Building Permit and Occupancy permit.

e. Public liability insurance.

f. Barangay Clearance

g. Fire Safety Certificate

3. They should register with the Bureau of Internal Revenue (BIR)

a. All businesses have to register with the BIR before the

commencement of operation for taxation purposes.

b. The registration process involves obtaining and registering

a tax identification number (TIN), obtaining BIR-registered

official receipts and invoices, registering the business’s

books of accounts, and paying the applicable fees.

c. The registration must be done at the Revenue District Office

(RDO) of the BIR, which covers the registered address of the

business.

For the specific requirements for BIR registration, one

 needs to visit the RDO that covers the registered address of

the business.

3.2.5 Direct Labor Requirements

In order to produce product, we need a workforce labor.

Since a startup business, the 5 of us will be hands-on in running

this business. We only need two service crews to help us in the

daily activities.

3.2.6 Qualifications in Applying in the Business

We are a startup business; we only need service crews to

help us in our store. This is the guidelines that we need in

order to hire a labor force.

1. High school or College Graduate

2. Must be 18 years old and above

3. Honest

4. Diligent

5. Can work with less supervision

6. Have a good personality

7. Flexible
3.2.7 Organizational Chart

Owners

Manager Cashier

Service Service
Barista
crew Crew

3.2.8 Manpower and Skills Requirements

Owner – the milk tea business owner plays a strategic role

and is not engaged in the day-to-day activities of managing

the service. Rather, they focus on the big picture. They define

the vision of the roadmap. They have the knowledge and authority

to make strategic decisions and clear the path of political and

financial obstacles.
 Manager – the milk tea manager has to perform functions like

planning, organizing, staffing, directing and controlling. All

these functions are essential in running an organization smoothly

and achieving enterprise objectives. Planning is required for

setting goals and establishing strategies for coordinating

activities.

Requirements for Managerial Position:

1. Bachelor’s Degree in Business Management or any

related courses.

2. Strong understanding of business management,

financial, and leadership.

3. Excellent communication, interpersonal, and

conflict resolution skills.

4. Commitment to providing exceptional service to

customers and supports the staffs.

5. At least 22–35 years old.

6. With pleasing personality.

Cashier – a milk tea cahier’s role is to assist customers in

the store check-out process. Main duties include ringing up

sales, bagging items, requesting price checks, honoring coupons,

collecting payment and giving appropriate change. May be

responsible for checking materials and supplies and reporting

when stock is low.

Requirements for Cashier:

 1.Knowledgeable in basic math.

2.Interpersonal communication and verbal

communication.

3.Time management

4.Customers service

5.With pleasing personality

6.At least 22-30 years old.

Barista – the milk tea barista role is to prepare beverages

and ingredients of the product to be sold. Cleaning and

restocking work and dining areas, sanitizing equipment and

utensils.

Requirements for Barista:

1. At least High School graduate

2. Experience in food and beverage preparation

3. Training and willingness to continue learning

about food and beverage preparation.

4. Speed and efficiency

5. Attention to detail

6. Team work

7. At least 18-30 years old.

Service crew – the milk tea service crew role is to serve

customers such as foods and drinks in friendly manner. Interact

with customer; respond to customer issue and maintaining a clean

and safe work environment.

 Requirements for Service Crew:

1. Have knowledge in Milk tea process.

2. With Pleasing personality.

3. At least 20-35 years old.

4. College level or College graduate.

5. Can work under pressure and with minimal

supervision.

6. Physically, psychologically, emotionally healthy.

7. Flexible in shifting schedule

3.2.9 Organizational Policies

A course or method of action selected of an organization,

from among alternatives to guide and determine present and future

decisions and position on matters of public interest. Guidelines

and best practices in order to protect the company employee and

customer.

1. No soliciting

2. Practice Open and Close door policy

3. No AWOL

4. Harassments and sexual abuse is prohibited

5. Complete proper uniform (hairnets)

6. Avoid relationships among subordinates

7. No smoking

8. Following proper and accurate standard procedure.

3.3 Technical Study

 3.3.1 Services

3.3.2 Pricing

3.3.3 Process in Availing

The processes to be use in production or manufacturing are

yielding this is a process of measuring all raw materials to

achieve efficiency in costing ad also consistency of the taste of

the product.

Procedure:

1. Boil desired amount of water

2. Pour the boiling water in a cup or mug

3. Place the tea bag into steep for about 1 minute

4. Remove and discard the tea bag

5. Pour in the whisky

6. Add sugar and milk as desired

7. Stir and ready to be served

This is the schedule to be follow in terms of production to

minimize wastage of resources and avoid possible losses. The

production will start when the customers ordered for a drink since

it is easy to prepare and it is best served when it is newly made.

3.3.4 Hours of Operation

Refers to the time of the establishment opens up for a day.

 Our store opens from Mondays-Sundays at 10:00 in the morning

until 10:00 in the evening.

3.3.5 Equipment and Machines

The table below shows our machine and equipment to be

used for production including their prices.

Table 2: Machine and Equipment and Cost for Tipsy Milk tea Production

Machines/ Quantity Cost per Unit Total Cost

Equipment

Sealer Machine 2 set 3,300.00/set 6,600.00

Water Broiler 2 set 5,590.00/set 11,180.00

Cups 3 box 120.00/per box 360.00

Straws 1 box 115.00/per box 115.00

Measuring Cups 2 set 100.00/set 200.00

Shaker Machine 2 set 8,900.00/set 17,800.00

Fructose Dispenser 1 set 5,999.00/set 5,999.00

Total 42,254.00

3.3.6 Location

Our location is at M.H del Pilar Street, between 7-Eleven

and La Fiesta Hotel. We chose this location since it was near

schools, hospitals and other establishments that contains our

possible target market.

3.3.7. Area Design

The element of the area refers to the area within, around,

above and below an object.

3.3.8 Utilities

We identify three (3) major utilities that are crucial in

producing the product.

Table 4: Utilities and Cost for Tipsy Milk tea Operation

Utilities Monthly Cost Annual Cost

 Water 583.33 7,000.00
Electricity 1,500.00 18,000.00
Gas 3,000.00 36,000.00

Rent 5,000.00 60,000.00

Total Cost P 5,083.33 P 121,000.00

3.3.9 Quality

3.4 Financial Study

3.4.1 Initial Capital

Our initial capital is 500 thousand pesos.

3.4.2 Sources of Financing

Since our form of business ownership is partnership we

combined all of our savings to put a business.

3.4.3 Projected Monthly Demand for Individual

3.4.4 Projected Monthly Demand for Group

3.4.5 Costing

3.4.6 Monthly Financial Statement

3.4.7 Yearly Financial Statement

3.4.8 Financial Ratio

3.4.9 Profitability
 Chapter IV

Presentation, Analysis and Interpretation of Data

4.1 Presentation, Analysis and Interpretation of Data

4.2 Characteristics of Respondents

4.3 Frequency and Percentage of the Respondents

4.5 Average Sales of the Business Study (JACCS Tipsy Tea)

4.6 Significant difference of the average sales of Business (JACCS

Tipsy Tea)
 Chapter V

Conclusion, Recommendation and Suggestions

5.1 Summary

5.2 The Problem Stated in this Study are the following

5.3 Methods

5.4 Conclusions

5.5 Recommendation