Professional Documents
Culture Documents
CALOOCAN
March 2009
1
Acknowledgement
To Mr. Arnold Policarpio our special project adviser who has been there to support us.
To Mr. Arbie Laquian for teaching how to prepare the financial statement and spending
his time even though he’s busy.
To Mr. Christian Ortega owner of RAMPAGE CAFÉ and Ms. Lorna Torres employee of
Caloocan City Hall for giving us the time and allowing us to conduct a survey in their
prospective area.
To our dear family who have been always there supporting and being understanding in
giving the time for us to spend this project.
And above all to our Almighty God a million thanks for the strength, knowledge, good
health, wisdom and the guidance that enlightened our hearts and minds that this study would
be possible.
2
HISTORY
Internet café business is indeed a very popular business. It is one of the establishments
made indispensable in an increasingly interconnected world.
Internet café was started with the opening of the first cyber café, Café Cyberia, in London
(UK) September 1, 1994. It was founded by Eva Pascoe. It started with half a dozen HP
computers, connected to the Internet through dial-up modems that were able to transfer data
at 9.6 kilobytes per second. As the first Internet cafe, Cafe Cyberia got tremendous publicity
and additional investments into the business from likes of Mick Jagger and Maurice Saatchi.
With the success of Cafe Cyberia, the Internet Cafe business got into a flying start, and there
were over 60 similar cafes over the world by the summer of 1995.
Since the composed of five (5) ladies each one of has agreed and decided to be partners.
The groups preferred to use partnership as a type of business organization.
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o The profit from the business flow directly to the business though the partners personal
tax return.
o Higher quality employees. Partnerships tend to attract better employees because of the
possibility of becoming a principal in the firm.
o Easy form. Procedures and expenses are minimized.
o The business usually benefit from partners who have complementary skills.
o Better decision- making capability. Two heads are better than one.
o Managerial flexibility. Generally, important decisions can be quickly, although not as fast
in a sole proprietorship.
o Limited government interference. Like sole proprietorship are normally free of extensive
governmental scrutiny.
Cyberkadahan Internet Café provides services that would give satisfaction to our customer.
Aside from computer rental that have reasonable hourly rates for internet gaming, internet
surfing or searching cd-burning, scanning, and colored printing
Proposed Location will be located at # 82 Samson Road Caloocan City, our prospective
customers are basically everybody—students doing their projects or research and gamers.
This business starts with the capital of P 700,000.00 Seven Hundred Thousand Pesos
contributed by each partner as follows:
5
SITE PREPARATION
The business will be renting a space along hi-way near to malls, and schools, were our
target customers are mainly students and nearby neighborhood especially those people whose
relatives or loved ones are at abroad and find it very convenient communicating with them
through chat and email. The two hundred (200) meter radius requirements as provided in the
existing Zoning Code and other applicable rules and regulations wherein computer shops and
other similar establishments and places of amusements should be put up or constructed at
least two hundred (200) meters away from the church, schools, hospitals, and other
government offices shall be strictly complied with. Site survey is primarily our main concern in
this preparation. On our site survey we find out that the site has less than 5 competitors and
it’s a good sign of putting up the business.
We choose the location, at #82 Samson Road at Caloocan City, beside Asian Trust
Bank. It’s about 40 square meters. It is the ideal place to establish an internet café because it
is accessible to public because it’s along the highway and our target market is mostly students,
near to schools like Divine Mercy College, Sacred Heart, St. Gabriel Academy and Gomburza
Elementary School. We choose this site because we found out that competitors are minimal in
the place. It’s an urbanized area were accessibility, competency and we study niche/market, as
our main objective while choosing this site. In accessibility, the location is just along the
highway, and it’s near to malls such as Ever Grand Central, Victory Mall, Araneta Square, and
Puregold, and schools such as Divine Mercy College, Sacred Heart and Gomburza
Elementary School and people just strolling along the way and or passengers of utility vehicle
can easily see the Internet Café. In competency and study of niche/market, the proposed
location is a commercial place, so the prospective customer’s is almost everybody. Most of the
Internet shop located in the area is inside the malls while the competitors outside is just
minimal, and for that we are more capable of attracting customer’s because we will offer more
affordable rental fee in 15 pesos per hour. Our Internet café will provide small private booths
for quiet chatting compare to the standard elbow to elbow computer station.
We agreed that the shop should be well ventilated (air condition) to make our customer
comfortable, good music is well provided, the PC’s is all well organized and arrange properly
according to their rows for the convenience of our customer. Each computer has their own
games, internet and surfing to be chosen by our customer, what they want and need is mainly
our concerns.
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TECHNICAL ASPECT
In technical aspect it identifies whether the services rendered could be the highest
possible quality level with minimum cost. In this aspect we will discuss the equipment and
other computer application we use in the business. We purchase equipment as packages in
order to lessen our expense. Hardware and Software is our much focus aspects. We did
researching on how much the Hardware and software will cost us, through net surfing. The
internet connection we used is Package plan of DSL Bayantel amounting P9,799.00 with
capacity for 20 computers and have a speed of 2 Mbps.
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MARKETING ASPECT
In marketing aspect, promoting business will use different strategies and techniques to
attract probable customers. And offer promo’s to attract customer like
Computer to rent for cheap
40 for every 3 hours
Membership- (the customers will be given a card to be stamped every visit and if they
got 25 stamped there every 2 hours is 20% discounted)
Contest for gamers (the winner will be free on their rental charge & to be held every
Saturday from 3:00 to 5:00 pm only.)
We create some marketing strategies like; we will print a thousands little half or quarter
page fliers printed with the total cost of Php 908.00 (500 pcs. on the small fliers that cost of
Php. 220.50 while the second fliers is also 500 pcs. with the cost of Php. 687.50), a month
before our opening and we will distribute the fliers, mailboxes or gate. If we get a lot of text and
e-mail we know we already have a market.
We will put tarpaulin on the place itself where our shop is standing, promoting the opening
of our Internet café also one month before the opening. To let people know that there will be
new Internet Shop on the vicinity. Tarpaulin size is 35” x 70”, the streamers amount is Php
340.27, And another tarpaulin for the services with the size of 29” x 39” amounting of P157.08
FLIERS
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TARPAULINS
SERVICES OFFERED
“CYBERKADAHAN”
INTERNET
Internet/Games
CAFÉ
CD Burning
Printing
#82 Samson Road
Photocopying
Caloocan City
Scanning
Payphone
*P40/3 hours
*Contest for gamers
*Membership
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Services
It’s the factor that affect mostly ones business because through services customer will
decide if they are satisfied or not.
Price
It is one of the considerations of the customer that enhance them to rent computers. If the
price is lower they will rent.
Our services are the following:
Amount
Internet/ Games Php. 15.00 / hour
Printing black and white- Php. 3.00 (short) Php. 4.00 (long)
Colored (depends on the size of the color) Php. 10.00 (minimum) ex. Logos
Photocopying Php. 1.00 (short) Php. 1.25 (long)
Scanning Php. 10.00
CD burnings Php. 35.00 (max. 17 songs)
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MANPOWER
Manpower requirements are very important to any business in order for them to have an
intelligent and accurate people who will manipulate inside the firm. Requirements will serve as
basis on personal and general background of an employee enable for the company to know
the capacity of their skills and ability to do work to the assign for them.
Business owner will be in charge in human resource. The personnel to man Internet cafe
will be the industrial partner who works by shift, 8 hours a day, the first shift is from 7:00 am to
3:00 pm while the second shift is from 2:00 pm to 10:00 pm. A walk in technician will be called
in case of computers malfunctions and he will visit the shop twice a month.
Walking Technician P400.00/visit twice a month
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JOB FUNCTIONS
POSITION FUNCTION
ACCOUNTANT - Check the book of accounts and financial statement in daily basis
- Handles license renewals,facilities preparation and payment of
annual tax generated by the business.
- Visit the shop every other day.
COMPUTER ASSISTANT /
CASHIER - Accept payment
- Maintains inventory of supplies in the shop
- To assist customers in their needs
- Maintain cleanliness and orderliness.
- Help conserve Utilities consumption
- Logging the customers hours consumed
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OPERATION OF A BUSINESS
Café opens at 7:00 am until 10:00 pm. Ahead of other competitors, this will lead us of being
known. Our goal is to give the needs of the students and others in an early manner of time. It
will also include the completion all legal requirements before the operation of business. In
operational procedure we keep in minds all the legal aspects of establishing a business such
as Business permit & the following requirements are:
LEGAL REQUIREMENTS
o Registration with BIR (Bureau of Internal Revenue)
o Registration of business name with DTI ( Department of Trade and Industry)
o Barangay Clearance and Business Permit
o Mayors Permit
BARANGAY CLEARANCE
The proposal business will secure Barangay permit that is our responsibilities. It would
make the immediate community to be aware of the business that would give satisfaction and
promote community involvement.
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The proposed business should be registered with DTI to assure that any organization of
individual for their business proposal for future use would not copy the name of our business. It
acquires 15 days period of processing before the name of the business registered certificate
can be issued by the said government agency.
BUSINESS/MAYOR’S PERMIT
Business Permit must be applied with the licensing office at the Municipal Hall of the
said locality. It would be based on the reported business entity to be put up; we secured
barangay clearance as a requirement for an application.
MAYOR’S PERMIT
Mayor’s permit must acquired before the operation of the business
STEP 1
STEP 2
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o Accomplished Business Permit Application Form
o DTI-Business Name Certificate
o Sketch of he business location
o Barangay Clearance
o Lease Contract
STEP 3
STEP 4
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* The mayor’s permit computation was computed by Ms. Lorna Torres at Business Permits and
Licensing Office, City of Caloocan
Signage Permit
5ft Length
2ft Width
* According to Mr. Bong Reyes of Engineer’s Office of Caloocan City Hall signage permit is
35.00 per square ft.
Computation:
10sq.ft. x 35.00 = 350.00
Additional
Inspection fee 150.00
Filing fee 50.00
Total Cost Php550.00
The amount of signage is Php.4,000.00
The store will be open Monday through Sunday. Ahead from other Internet shop along the
area, the mall opens at 8:30 am; we always believe that the early bird catches the worm. The
place is good for group, good for kids, attire- casual.
Assumptions:
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Padlock and other cleaning materials considered as expense at the end of the year
Membership card is good for 1 year
All lightings materials are included in lease of contract
Membership card, small tarpaulins & fliers will purchased twice a year
LIST OF SUPPLIES
Other Equipment
Air-condition (Condura) 14,500.00
Additional Expense
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Pad Lock ( Abloy) P1,800.00/ unit) Quantity Unit Price Amount
2 1,800.00 3,600.00
Waste Disposal
The proper disposal of the garbage is very important. Since our business is a computer
café we usually used bond paper, so it is not hard for us to think how it will be disposed. To
maintain the cleanliness inside the café there are trash basket at one corner.
Cleaning Materials
Broom 60.00 ( replace every 6 months)
Dust Pan Plastic 45.00
Trash Basket 100.00
Feather Dust 50.00 (25.00/ pc.)
Mop 250.00
Powder Soap 20.00 ( 6pcs. Good for 2 mos.)
Air Freshener 175.00 ( replace every 2 months)
Guidelines of Business
1. All Malicious site are blocked
2. Were not allowing inserting flash drive or any storage device without the consent of the
shop manager
3. Eating and drinking inside the premises is not allowed
4. Students whose wearing school uniform especially from 8am to 12pm are not allowed to
play games
5. One person for one pc to maintain orderliness
AMBIANCE
-Not too dark not too bright because we want the shop more conducive to work and play
- Our computer table have a board between user for privacy purposes
* All furniture are fully furnished and labor included
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Cabinet
Project Cost
As a part of the business, it’s more concerned is in financing and financial feasibility that
perform activities. The total project cost we will able to determine how much money consumed
from the start.
The cash flow it indicates the total cost before the operation. For the prepaid supplies and
prepaid rent it will covered for one year. The improvement is composed of paint and labor,
which is the cost for labor is 800.00(400.00 each person).It also include the payment of
purchases such as Equipment, software, furniture and fixture and signage. Payment for legal
requirements, marketing and other expense which other expense composed of padlock and
cleaning materials.
The table shows the total sales of the business from the year 2009-2013. For every
service that offered to the customers has their own specific price. With a service such as
Internet/Game, it is multiply the service fee with the total minimum hours of operation in one
day, then multiply it to the unit consumption day to get the total sales for the whole year. For
the other services like printing, scanning, CD burning and typing job, just multiply the service
fee to the total unit of consumption to get total sales for the whole year. To get the total sales
for one year, add the total sales for revenue and the sales for other income. We estimated 80%
of unit consumption for 1 day out of 15 hours of operation
UNIT YEAR
SERVICE
SERVICE HOUR CONSUMPTION TOTAL/DAY (365
FEE
(DAY) /317days)
INTERNET/GAMES P15.00 12 12 2,160.00 788,400.00
PRINTING B & W P3.00 12 150pcs. 450.00 164,250.00
PRINTING
COLORED
Text P10.00 12 10 pcs. 100.00 36,500.00
picture (small) P15.00 12 5pcs. 75.00 27,375.00
picture (medium) P20.00 12 5pcs. 100.00 36,500.00
picture (large) P25.00 12 2pcs. 50.00 18,250.00
SCANNING P10.00 12 5 pcs. 50.00 18,250.00
CD-BURNING P35.00 12 6 pcs. 210.00 76,650.00
OTHER INCOME
PHOTO COPYING P1.00 12 60pcs. 60.00 19,020.00
20
PAYPHONE 5/3mins. 12 17times 85.00 31,025.00
TOTAL GROSS
SALES 1,216,220.00
UNIT YEAR
SERVICE
SERVICE HOUR CONSUMPTION TOTAL/DAY (365
FEE
(DAY) /317days)
INTERNET/GAMES P15.00 12 13 2,340.00 854,100.00
PRINTING B & W P3.00 12 155pcs. 465.00 169,725.00
PRINTING
COLORED
Text P10.00 12 12pcs. 120.00 43,800.00
picture (small) P15.00 12 7pcs. 105.00 38,325.00
picture (medium) P20.00 12 7pcs. 140.00 51,100.00
picture (large) P25.00 12 3pcs. 75.00 27,375.00
SCANNING P10.00 12 7pcs. 70.00 25,550.00
CD-BURNING P35.00 12 8 pcs. 280.00 102,200.00
OTHER INCOME
PHOTO COPYING P1.00 12 65pcs. 65.00 20,605.00
PAYPHONE 5/3mins. 12 17times 85.00 31,025.00
TOTAL GROSS
SALES 1,363,805.00
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GR0SS SALES 2011
UNIT YEAR
SERVICE SERVICE CONSUMPTION (365
FEE HOUR (DAY) TOTAL/DAY /317days)
INTERNET/GAMES P15.00 12 14 2,520.00 919,800.00
PRINTING B & W P3.00 160 pcs. 480.00 175,200.00
PRINTING COLORED P10.00
Text P10.00 12 15pcs 150.00 54,750.00
picture (small) P15.00 12 10pcs. 150.00 54,750.00
picture (medium) P20.00 12 10pcs. 200.00 73,000.00
picture (large) P25.00 12 5pcs 125.00 45,625.00
SCANNING P10.00 10pcs. 100.00 36,500.00
CD-BURNING P35.00 10 pcs. 350.00 127,750.00
OTHER INCOME
PHOTO COPYING P1.00 70pcs. 70.00 22,190.00
PAYPHONE 5/3mins. 12 17times 85.00 31,025.00
TOTAL GROSS
SALES 1,540,590.00
UNIT YEAR
SERVICE SERVICE CONSUMPTION (365
FEE HOUR (DAY) TOTAL/DAY /317days)
INTERNET/GAMES P15.00 12 15 2,700.00 985,500.00
PRINTING B & W P3.00 170 pcs. 510.00 186,150.00
PRINTING
COLORED
Text P10.00 12 20pcs 200.00 73,000.00
picture (small) P15.00 12 12pcs. 180.00 65,700.00
picture (medium) P20.00 12 12pcs. 240.00 87,600.00
picture (large) P25.00 12 7pcs. 175.00 63,875.00
SCANNING P10.00 12 13 pcs. 130.00 47,450.00
CD-BURNING P35.00 12 13pcs. 455.00 166,075.00
OTHER INCOME
PHOTO COPYING P1.00 12 75pcs. 75.00 23,775.00
P5.00/
PAY PHONE 3MINS. 12 17 times 85.00 31,025.00
TOTAL GROSS
SALES 1,730,150.00
Supplies Expense
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Table shows the depreciation of equipment and furniture’s and fixture from the original price
with the salvage value of 10% except the furniture and fixture. To compute the depreciation of
equipment just multiplies in10% salvage value and the result will be subtracted to the original
price then divided in 5 years useful life. Same in other equipment, furniture and fixture but don’t
have salvage value; it is immaterial if they had a salvage value because it has a lower price.
DEPRECIATION:
Equipment
Computer
Set(19950/5
years)
Salvage Value
Cost Per Unit Useful Life
(10%) Depreciated Cost Book Value Per Unit
19,950 5 1,995.00 3,591.00 16,359.00
Total
Year Quantity Net Value Depreciation BookValue
2009 15 299,250.00 53,865.00 245,385.00
2010 15 245,385.00 53,865.00 191,520.00
Additional
Computer 1 19,950.00 3,591.00 16,359.00
2011 16 207,879.00 57,456.00 150,423.00
Additional
Computer 1 19,950.00 3,591.00 16,359.00
2012 17 166,782.00 61,047.00 105,735.00
Additional
Computer 1 19,950.00 3,591.00 16,359.00
2013 18 122,094.00 64,638.00 57,456.00
Additional
Computer 2 39,900.00 7,182.00 32,718.00
Aircon
(7,000/5 years)
Cost Per Unit Useful Life Salvage Value Depreciated Cost Book Value Per Unit
14,500.00 5 1,450.00 2,610.00 11,890.00
Year Quantity Net Value Depreciated cost BookValue
2009 1 14,500.00 2,610.00 11,890.00
2010 1 11,890.00 2,610.00 9,280.00
2011 1 9,280.00 2,610.00 6,670.00
2012 1 6,670.00 2,610.00 4,060.00
2013 1 4,060.00 2,610.00 1,450.00
3 in 1(Scanner/
Photocopier/
Printer
(14,500.00/5years
)
Salvage
Cost Per Unit Useful Life Value(10%) Depreciated Cost Book Value Per Unit
14,500.00 5 1,450.00 2,610.00 11,890.00
Year Quantity Net Value Depreciation BookValue
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2009 1 14,500.00 2,610.00 11,890.00
2010 1 11,890.00 2,610.00 9,280.00
2011 1 9,280.00 2,610.00 6,670.00
2012 1 6,670.00 2,610.00 4,060.00
2013 1 4,060.00 2,610.00 1,450.00
Furniture &
Fixture
Monoblock Chair
Book Value Per
Cost Per Unit Useful Life Salvage Value Depreciated Cost Unit
249.75 5 None 49.95 199.8
Year Quantity Net Value Depreciated Cost BookValue
2009 20 4,995.00 999.00 3,996.00
2010 20 3,996.00 999.00 2,997.00
2011 20 2,997.00 999.00 1,998.00
2012 20 1,998.00 999.00 999.00
2013 20 999.00 999.00 0.00
Tool chair
Book Value Per
Cost Per Unit Useful Life Salvage Value Depreciated Cost
Unit
89 5 None 17.80 71.20
Year Quantity Net Value Depreciated Cost BookValue
2009 5 445.00 89.00 356.00
2010 5 356.00 89.00 267.00
2011 5 267.00 89.00 178.00
2012 5 178.00 89.00 89.00
2013 5 89.00 89.00 0.00
Computer Table
Book Value Per
Cost Per Unit Useful Life Salvage Value Depreciated Cost
Unit
1,300.00 5 None 260.00 1,040.00
Year Quantity Net Value Depreciation BookValue
2009 14 18,200.00 3,640.00 14,560.00
2010 14 14,560.00 3,640.00 10,920.00
2011 14 10,920.00 3,640.00 7,280.00
2012 14 7,280.00 3,640.00 3,640.00
2013 14 3,640.00 3,640.00 0.00
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Server Table
Book Value Per
Cost Per Unit Useful Life Salvage Value Depreciated Cost Unit
1,500.00 5 None 300.00
Year Quantity Net Value Depreciated Cost BookValue
2009 1 1,500.00 300.00 1,200.00
2010 1 1,200.00 300.00 900.00
2011 1 900.00 300.00 600.00
2012 1 600.00 300.00 300.00
2013 1 300.00 300.00 0.00
Other Equipment
Book Value Per
Cost Per Unit Useful Life Salvage Value Depreciated Cost
Unit
2,000.00 5 None 400.00 1,600.00
Year Quantity Net Value Depreciation BookValue
2009 2 2,000.00 400.00 1,600.00
2010 2 1,600.00 400.00 1,200.00
2011 2 1,200.00 400.00 800.00
2012 2 800 400.00 400.00
2013 2 400 400.00 0.00
Cabinet
Book Value Per
Cost Per Unit Useful Life Salvage Value Depreciated Cost
Unit
1,000.00 5 None 200.00 800.00
Year Quantity Net Value Depreciation BookValue
2009 1 1,000.00 200.00 800.00
2010 1 800.00 200.00 600.00
2011 1 600.00 200.00 400.00
2012 1 400.00 200.00 200.00
2013 1 200.00 200.00 0.00
Signage
Book Value Per
Cost Per Unit Useful Life Salvage Value Depreciated Cost
Unit
4,000.00 5 800.00 3,200.00
Year Quantity Net Value Depreciation BookValue
2009 1 4,000.00 800.00 3,200.00
2010 1 3,200.00 800.00 2,400.00
2011 1 2,400.00 800.00 1,600.00
2012 1 1,600.00 800.00 800.00
2013 1 800.00 800.00 0.00
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FINANCIAL ASPECT
Financial aspect conform the detailed computation of every financial needs of the
business to determine and evaluate the project requirements, possible sources, capital
financing and also the limitation of the business such as terms and condition. Capital is the
most important asset in the business; it must be available at least cost when it is needed and
the most important aspect among others. It admits how the business is made possible and
determines the profitability of the business.
Major Assumption
o The Initial capital will be Php 700,000.00.
o The projected financial statement will cover up to 5 yrs.
o Equipment will be depreciated for 5 yrs.
o Other Assets will also depreciated for 5 years
o Software will be amortize for 5 years
o Salaries will be increase 3% annually.
o Light expense will be increase 3% annually.
o Telephone bill/DSL increase 3% annually.
o Supplies will purchase annually.
o Additional equipment will purchase before the business year operate
o Division of net income is a bonus method (bonus after tax) to industrial partner will be
40% and 60% to capitalist partner for the following years within 5 years of operation.
o 60% of the net income is divided equally to the capitalist partner
o Drawings will be 2.5 % every month based on the net income which is 30 % for the
whole year.
● Cleaning material expense was 1,735.00 which covered one year of operation.
Brooms 120.00
Soap 120.00
Dust Pan 45.00
Trash Can 100.00
Feather Dust 50.00
Mop 250.00
Air Freshener 1,050.00
The projected income statement, partners equity, balance sheet and cash flow it’s indicated
what is the standard of the business will be.
The Financial Analysis its indicate on how many percent is the return of the Current Assets
and Investment. It also indicate the margin of safety of the business in order to avoid the net
loss.
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EVALUATION
SUMMARY AND CONCLUSION
Top 5 things to consider when putting up an Internet café
1. Capital- Planning is very important. The risks are high when going for this kind of business
so you should only allot the right amount of money needed. Be sure you won’t be touching any
of your family savings. Also, spare some money for your future expenses, just to be safe.
2. Study your niche/market- See to it that there is a great demand for an Internet café in your
area. Obviously, the urbanized areas are the ones you would target, or as long as the place is
busy with people and they will have a need for the services you’re offering.
3. Location- If your area is situated near a school then that would be a big plus. Just observe
the law regarding how many meters away, your Internet café should be, from any schools or
colleges. Some are not following it but the law is the law. Commercial zones within residential
areas are also advisable.
4. Hardware, software and other utilities– Consider first what services you’re going to offer. For
example:
o If you would only provide Internet services such as web surfing, chatting, etc., then you
could go for the low-end or the average specifications for your computers. The Internet
doesn’t demand much from your hardware. Just apply for a relatively fast Internet
connection (DSL, Broadband, Cable) with a high bandwidth. Then install operating
systems and other programs needed. Headsets with microphones are often used when
chatting.
o If you would consider adding gaming then the best specs, as much as possible or
whichever the games require, should be your priority. There are the offline and online
games which require Internet connection. Your clients, especially the gamers, are very
demanding when it comes to the speed and reliability of both your PCs and Internet
connection. You would often hear complaints about logging, hanging, or slow Internet
connection. So make sure that your clients are satisfied to avoid all of those. Buy the
best performance PCs and avail a faster Internet connection.
o There are other services that you may offer your customers. You could do printing (b&w
or colored), typing services, CD/DVD burning, some even have fax machines or
photocopiers.
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5. Pricing and Promotions- Know how much you’ll charge for your services. Studying the
market will play a great role here. If the price is right then people will avail of your services.
Some owners often use pricing as a tool to have an edge over other competitors
*Be sure to apply for the necessary documents needed if you want to start your own Internet
café, such as Barangay Clearance, Mayor’s Permit, DTI permit, etc. Just so your business
would be legalized.
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Recommendations
When starting a new business, there are many important decisions to make and many rules
and procedures that must be addressed. The number of task you need to complete and the
information you need to track down before you begin a business. The followings are:
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II. Starting a new business
○ Ownership Responsibilities- Probably the two most common reasons that a
business doesn’t succeed are that 1) the business is poorly managed because the
owner lacks the necessary skills and 2) the owner underestimates how much money it
will take to start the business. To begin the process of preparing yourself, let’s take a
look at:
1. Pros and Cons of owning a business:
PROS:
A. You have the chances to make a lot of money than you can make working
for someone else.
B. You’ll be your own boss and make the decisions that are crucial to your
business’ success or failure.
C. You may be the boss of other people.
D. You’ll have job security—no one can fire you.
E. You’ have the chance to put your ideas into practices.
F. You may participate in every aspect of running a business.
G. You’ll learn more about every aspect of a business and gain experience in
a variety of disciplines.
H. You’ll the chance to work directly with your customers.
CONS:
A. You may have to take a large financial risk.
B. You will probably have to work long hours and may have fewer
opportunities to take vacation.
C. You may end up spending a lot of your time attending to the details of
running a business and less time in those things you really enjoy.
○ Goals Setting- For many people, it helps to translate their expectations and
desires into concrete terms by setting goals and these is a “Personal goals”- unlike
money, many of these factors can’t be quantified but are important nevertheless. For
many people, the chance to build something of their own, according to their own vision,
drives them to start a business. Typical reasons that people choose to start a business
include:
1. Freedom- owning your own business is a way to achieve personal freedom on
many levels.
32
2. Career change- Most people change jobs or even careers several times during
the course of their lives. Sometimes, it’s by choice; other times, existing jobs
simply disappear.
3. Professional growth- Some people believe their ideas are being ignored or not
being used properly in a corporate setting, and they want the chance to do it the “
right” way.
33
Bibliography
Samuel, Philip J. How to start my Business (ways to success)
Valix, C.T. GIC Enterprise & Co., Inc. 2008, Theory of Accounts. Manila Philippines
34
Appendices
Technical Aspect
* Price information of Norton Anti Virus was gathered from Microserve Computers Co. a
company who merchandise a computer gadgets and software which is located at #91 Del
Monte Ave Manresa 1 Quezon City. We purchase 3 packages, every package is good for 5
units with the price of 3,600.00 each and a total cost of 10,800.00. On the next year we
purchase 1 package for the additional computer.
• Computer software such as Ms Office Software, Game Software and Anti-Virus will be
amortized annually.
-In a question about the amortization of computer software, C.T. Valix explain that
“Under PAS 38, the amortization method for a computer software shall reflect the
pattern in which the assets future economic benefits are expected to be consume by
entity.
- If such pattern cannot be determined reliably, the straight line method is used (683)
-Based on personal interview of Mr .Emmanuel Sadiua CPA, SGV Auditing firm that the
computer software product shall be charge to expense when incurred until at technical
feasibility has been established for the product.
Operation Aspect
*The information of signage, membership card and stamp amount was came from Mr. Richard
Corpuz designer of NANETSKI ARTS & SIGNS located at #2 J.P Rizal .St.Nangka Marikina
City tel. no. 942-0944/942-3331 a
* We gathered the pricelist of the office supplies from Ms. Rose of Robens Commercial, except
for Fire Extinguisher from Mr. Gil G.Guindayao of JCI Junior Chamber International
Philippines
(Bronco Fire Extinguishers/ Tear Gas.
* Information of the equipment’s amount came from many sources like online internet shop
such as PCgilmore,
35
*We gathered information of chairs amount at 4th floor Ever Gotesco Caloocan.
- The amount of Computer table/table for server & cabinet was based according to Ms. Rhea
Cunanan owner of Counter Strike Computer Shop at #191 Gen. Evangelista St., Bagong
Barrio Caloocan City.
* The amount of padlock was based according to Ms. Maricel Tan of Seahorse Hardware at
Malabon City
*We gathered information of chairs amount at 4th floor Uniwide Sales Caloocan.
* The allocated amount of Maintenance for Aircondition is 450.00 according to Mr. Radian
Ramos of Maintenance head of MKZ Collection.
36
Processor- Intel ®
Pentium ® 4 CPU 1.50 Ghz
1.50 Ghz, 512 MB of RAM
Monitor- 16” Nexview
Keyboard
Webcam
Headset
Powerplus 500w AVR
Php. 19,500
37
SOFTWARE OUTLET.COM
Price: 19,200
Product Code:
Platform:
Package Type:
DANCE AUDITION
PRICE: Php 1,968.00
BATTLE REALMS
LIST PRICE: Php 720.00
NORTON ANTIVIRUS
38
PRICE: Php. 10,800.00
MEMBERSHIP CARD
INNOVISION TRADING
227A Mayon St., Maharlika Quezon
Tel No. 0923-9370029
39
QUOTATION
Dear Sir/Madam,
ITEM PRICE
Total P497.35
Sincerely yours
Noted by:
Terms: ____________________
Delivery Date: _____________
41
PCGILMORE
All Digital Hub (Caloocan)
Unit 113 Aurelio Bldg.,
1 Rizal Ave. Ext. cor. 9th Ave.
Grace park, Caloocan City
Tel No. 721-3496
We are pleased to submit herewith our price quotation for ink product enumerated below as per
your requirements
We thank your for giving us the opportunity to quote our prices to you. For further questions please
contact us at all PC GILMORE outlet as are follows:
Gilmore Branch West Avenue Branch VMall Branch All Digital Hub (Caloocan) PC Gilmore Xtreme
3F Computer Graphics 144 West Ave., Unit V338 3rd Floor Unit 113 Aurelio Bldg., 2F Gilmore Commercial Plaza,
Bldg., Philamhomes, Vmall, 1 Rizal Ave. Ext. cor. 9th Gilmore Ave.,
Gilmore Ave., Near Edsa Quezon City Greenhills, Ave. Quezon City
Quezon City 924-5914 San Juan M. Mla. Grace park, Caloocan City 727-8852
721-3496 0922-599-8053 727-8988 361-1902 0922-928-5085
0922-599-8032 westave@pcgilmore.com.ph 0922-811-3616 0922-746-5474 xtreme@pcgilmore.com.ph
sales@pcgilmore.com.ph pcg_west vmall@pcgilmore.com.ph caloocan@pcgilmore.com.ph pcg_xtreme
pcg_main_inquiry pcg_vmall pcg_caloocan
Sincerely Yours
Ms. Kate Permida
PC Gilmore Admin
ROBENS COMMERCIAL
42
QUOTATION
Ms. Rose
Number of hours: 15
43
Number of days : 7
Number of weeks : 4
We are pleased to submit herewith our price quotation for paint product enumerated below as per
your requirement
44
Discount : Net of price
Terms : C.O.D
Delivery : 2- 3 days from the day of purchase order
We thank your for giving us the opportunity to quote our prices to you. For further questions
please do not hesitate to call the undersigned at tel nos. 361-0291/361-0292 look for Roland.
Sincerely Yours
Reny Medina
Sales Representative
45
SURVEY
Name School Games
Left
Counter Perfect Dance O2
Print Photocopy Internet for Dota
Strike World Audition Jam
Dead
Ezekiel
UCC x x x x x
Mersigan
Floriza Juat UCC x x x x
Kenneth Adrian Gomburza
x x x x
Lorico ( Elem.)
Mark Kevin UE (High
x x x x x
Remoliza School)
UE (High
Jerwel Abogador x x x x
School)
Rafael UE (High
x x x x
Dimayuga School)
MCU
Jelyn Ramos x
( Elementary)
Andrew
UCC x x x
Makinano
Arian Uy UE x x
46