ELECTRONIC MODIFICATION INFORMATION TECHNOLOGY

“YOUR DIGITAL GLOW”

_____________________________

A Business Plan Presented to

The Faculty of Basic Education Department

Saint Michael College of Caraga

Nasipit, Agusan del Norte

______________________________

In Partial Fulfillment

of the Requirements for the Subject

Entrepreneurship

_______________________________

By

INFORMATION COMMUNICATION TECHNOLOGY STUDENTS (ICT)

INDUSTRIAL ARTS STUDENTS (IA)
November 2017
 i

APPROVAL SHEET

This business plan entitled ELECTRONIC MODIFICATION

INFORMATION TECHNOLOGY YOUR DIGITAL GLOW, prepared and
submitted by Information Communication Technology and Industrial Art Students
in partial fulfillment of the requirements for the Entrepreneurship subject, is
hereby accepted and recommended for Oral Examination.

RUSSELLENE B. CORAZA
Adviser

RENITA LOURDES D. LAGAPA MAREBEC SANDRA R. DE LIMA

Member Member

BENJIEMEN T. DALAGAN
Member

ACCEPTED as partial fulfillment of the requirements for the subject

Entrepreneurial Management subject.

BEVERYLY D. JAMINAL, PhEd

Basic Education Principal

APPROVED by the tribunal at the Oral Examination with the grade of ________.

BEVERYLY D. JAMINAL, PhEd RENITA LOURDES D. LAGAPA

Member Member

MAREBEC SANDRA R. DE LIMA BENJIEMEN T. DALAGAN

Member Member

DENNIS P. MAUSISA, DODT

Vice-President for Academic Affairs and
Head, Planning and Development Center
 TABLE OF CONTENTS

Approval Sheet ……………………………………………..……………….. i

CHAPTER PAGE

I Introductory Page …….……………………………………………... 1

a. Name address of business
b. Name and address of the principals
c. Nature of the business
d. Statement of financing needed
e. Statement of Confidentially report

II Executive Summary……………………………………………………... 6
a. Vision, mission, goals and objectives of the business
b. Business model
c. Business and product positions
d. Wealth improvement approaches
e. Parties supporting the business

III Industry Analysis ……………..……………………………….………. 11

a. Future outlook and trends
b. Analysis of competitors
c. Market segmentation
d. Industry forecasts
e. Market Position
f. Marketing strategy

IV Description of Venture …………………………………………….…… 16

a. Nature of the organization
b. Product or service that is plans to produce or serve
c. Various plant and office equipment
d. Size of the proposed business
e. Future parties with whom contracts may be necessary
f. Personnel requirements
g. Administrative operation

V Production Plan ………………………………………………………..… 19

a. Production schedule
b. Production process
c. Processing plant and equipment
d. Sources of materials
e. Production cost
VI. Marketing Plan ………………………………………………………….. 22
a. Product
b. Place
c. Price
d. Promotion
e. People
f. Packaging
g. Positioning

VII Organizational Plan ……………………………………………….……. 27

a. Form of business organization
b. Liability of the owner or owners
c. Organizational structure
d. Roles and responsibilities
e. Salary requirement

VIII Operation Plan …………………………………………….……….…….. 31

a. Evaluation of supplier
b. Materials requisition and receiving procedures
c. Storage and inventory control system
d. Shipment system and control
e. Functions of support system

IX Financial Plan ………………………………………………………..…… 34

a. Major assumption
b. Projected statement of comprehensive income
c. Projected state of cash flow
d. Projected statement of changes in equity
e. Projected statement of financial position
f. Financial statement analysis

X Risk Assessment ………………………………………………………… 42

a. Evaluate weakness of business
b. New technologies
c. Contingency Plan

XI Appendix ………………………………………………………………….… 44
Letters
Attendance
Gantt Chart
Leases or contract
Price list from suppliers
List of Customers
Documentation
Curriculum Vitae
 CHAPTER I

INTRODUCTION

Name Address of Business

The ICT and IA strands of Saint Michael College of Caraga of the

proposed business Electronic Modified Information Technology (EMIT) are

offering the following products, first is portable speakers made from nature

casings such as bamboo and modified materials. Another product we offer is

sticker designs. Our products are suitable for the personal use. The services

proposed to offer are down-loadings, hand-drawn sketches, and service repair

for TV and sound electronics. The Business is about drawing the spirit of

technology felt by the people who ever buy our products and services.

The “Your Digital Glow” Business is a business that will give satisfaction

to the customer at the same time give pleasing services that will make the

customer wants to be in serviced again. This business venture seeks to focus

more in the use of modern technological devices to highlight what technology can

help and utilise as a business. Every one part of this business believed that this

type of venture is in need and as a student’s of information technology and

industrial arts we commit to offer our best skills to bringing our idea a reality.
 2

Name and Address of the Principals

The proposed business with the trademark of EMIT is derived from

Electro, Mod, Info, Tech with its acronym EMIT pronounced like the word “emit”

meaning to give off something. EMIT is a business of offering products and

services more particular with the use of technology which we commit to make

every one’s digital life glow and aim to make every product or service reflects

good image to the business. EMIT aims to implement that friendly and helpful

environment towards our customers when we make business with them and to

deliver fast and reliable products or services to be offered. The type of business

this gives is centralized more on the products and services we offer to our

consumer, bringing safe and reliability to our outmost focus. EMIT commits to

improve its services offered and deliver items that is unique to our signature, also

commits to develop products that competes its field competitors and create new

products that fits the millennial age.

 3

Nature of the Business

EMIT is an innovative tech supplier, creating some featured products like

portable speakers made from bamboos creating that nature feel over your

sounds on the go. Another idea is to make designs like tag accessories that can

be put in bags. EMIT always updates and improves its products and services to

be offered, guided by the constant feedback of the needs and demands of the

consumers. EMIT displays and provides its product and services through an

establishment.

Our target consumers are the student’s of Saint Michael College of

Caraga and the designs of our products falls to the parameters we evaluate from

them, and the same goes to our services.

The proposed location of our business is on Atupan Street, Nasipit,

Agusan del Norte inside the school of Saint Michael College of Caraga where we

supply our products and services.

 4

Statement of Financing Needed

The costs of transportation and prototypes will be budgeted for the

expenses of the business. It is included in the business.

The funding requirements are the collected money among the ICT and IA

students, and that money will be our official capital and investment. The sum and

source of funding to operate this proposed business require a capital with the

minimum total of Php 14,700 coming from our shares to this business. The

sources of the materials needed may vary by price and location so we concluded

to raise each of our investment to a minimum of Php 300 which we hope is

enough to cover the initial expenses of our entrepreneurial venture.

 5

Statement of Confidentiality Agreement

The undersigned reader of EMIT Business Plan hereby acknowledges that

the information provided is completely confidential and therefore the reader

agrees not to disclose anything found in the business plan without the express

written consent of Information Communication Technology and Industrial Art

Students.

It is also acknowledged by the reader that the information to be furnished

in this business plan is in all aspects confidential in nature, other than information

that is in the public domain through other means and that any disclosure or use

of the same by the reader may cause serious harm and or damage to EMIT.

Upon request, this business plan document will be immediately returned

to Information Communication Technology and Industrial Art Students.

This is a business plan. It does not imply an offer of any securities.

Applicable Law

This business plan shall be governed by the laws of the School of Saint Michael

College of Caraga in the Municipality of Nasipit, Agusan del Norte, and any

applicable law.

__________________________
Signature over Printed Name
 CHAPTER II

EXECUTIVE SUMMARY

Vision

The EMIT company as a technological service envisions to satisfy the

community in their needs and demands with regards to the modern age of

electronics and information age we live today.

Mission

As such EMIT commits itself;

 To offer products that brings beauty and purpose

 To offer quality services that corresponds to the community needs

or demands

 To extend our products and services outside of Saint Michael

College of Caraga campus.

 7

Goals and Objectives of the Business

EMIT aims to develop devices that helps people anything they needed it

and create services that we hope makes life easier for people’s daily needs of

the modern age of today’s community, using technological tools that makes us

faster and affordable.

EMIT is located at Saint Michael College of Caraga in Atupan St., Nasipit,

Agusan del Norte. EMIT emphasize on the location inside the school for students

to access easily and quite well know the location of our target market. EMIT will

launch promotion in some period of time to promote and advertise our shop to

increase sales.

Moreover, the company will produce EMIT Speakers (modified speakers)

and EMIT Stickers (modern sticker designs for kids and adults) by investing from

entire grade 12 Information Communication Technology and Industrial Arts

Students.
 8

Business Model
 9

Business and Product Positions

Business and product target is at Saint Michael College of Caraga where

we planned to place the intial start of our venture. Our business offered is in

position to profit according to our study and they are in need for our services and

also our products. The products and services strategy to be implemented is in

the great position of social network marketing where EMIT advertises on

facebook pages, where almost all students nowadays have gone. Another is

traditional advertisements of flyers, newspapers, and banners. EMIT also plans

to advertise its products and services in Saint Michael College of Caraga’s official

radio station, where we estimate could uprise our business appeal to everyone

tuning in. EMIT’s service and products are more on direct based business and

may not include delivery of goods and services.

Wealth Improvement Approaches

The business improves along the way but we plan to increase our profit in

introducing to a wide variety of approaches. EMIT plans to use recyclable

materials in developing its product of modified speakers to decrease component

costs. When the business is going well and profits are increasing, the company

may extend some services like lending money to other companies or making our

company open for new investors. The business may open for new products and

services along the way when successful, all in all to improve the businesses

wealth.
 10

Parties Supporting the Business

The stakeholders of this business may come from anyone willing to

support. Parents, friends and relatives can support the business any way they

can like introducing our company to their friends nearby or other places that may

be interested in our products or services. Other companies are welcome to

organize a mutual support in that benefits our businesses.

 CHAPTER III

INDUSTRY ANALYSIS

Future Outlook and Trends

EMIT aims big towards creating business that is daily needed especially

more in technology and how may we improve or create new trends in the

process. The business focuses to be a leader in the field industry of innovative

hardware products and information services.

Industry Forecasts

The industry is in need of this type of business we are going to offer them

their needs and demands. According to our recent evaluation the competition is

high considering there are lots of same services in the area and may affect our

business in the long run, but also the need and demand of our business is high

many of the student’s wants innovative products of speakers and stickers. Our

service also deals high competition in the area. EMIT commits to make our

business in the balance of uniqueness and in demand.

 12

Analysis of Competitors

Competition in this field of industry is very challenging considering many

stores are opening in the area related to our offered business. But this makes us

more competitive and innovative armed with persistence to pursue our

imagination and create business where we can profit more.

Indirect Customer Strategies Tactics

All Senior Go with the

Social Network
High season and
Advertisement
School mood
s
Strand

Affordable Radio
value and Advertisement
Outside like s
quality
Services
product
and
Products

Set Suitable Banners and

theme of Flyers
the market
 13

Market Segmentation

Geographic
Brgy. 4 Atupan Street, Nasipit, Agusan del Norte
Saint Michael College of Caraga’s School
Canteen

Demographic

Pupils/Students/College/Staffs Elementary Pupils,

High School Students,

5-65 years old College Students, and

Staffs or Leaders
 14

Marketing Strategy

EMIT must be innovative and must come from wide variety of sources in

marketing so we decided to implement the following strategies;

EMIT will experiment with new channels and platforms. Every type of

media available in Saint Michael College of Caraga can offer will be utilize

whether printed, broadcast, or new media we will commit to seek opportunity to

help expand our company.

EMIT will let its employees involved. Giving employees the chance to

interact with the products and services helps the company improve and expand

reaching to their friends and family, creating a cooperative community within the

company.

EMIT will let its customers interact. Whether it be emails, suggestions, or

direct to the products and services it selves, we let our consumers connect with

us and create strong linkages with customers towards improving the products

and services of the company. For example, EMIT will let its customers create

their own sticker designs through our own website.

EMIT will collaborate with influencers. We will continue to pursue

connections with student influencers most especially in social media whether

bloggers or youtubers, collaborating with them would help improve our

company’s popularity.
 15

Market Position

According to our recent evaluation the market for speaker is high in appeal

and also stickers based among the students of Saint Michael College of Caraga.

The services for downloads and electronic repair is also expected to be

profitable. The expected long run of our business is looking good.

 CHAPTER IV

DESCRIPTION OF VENTURE

Nature of the Organization

EMIT founded by the Information Communication Technology (I.C.T.) and

Industrial Arts (I.A.) students are committed to implement its vision, mission and

goals of the business with its products and services related to technological

devices we use today. The proposed business works by the process called the

division of labor forming into groups and each group having a manager to

manage the specific specialization of their product or service.

Product or Service that is Plans to Produce or Serve

EMIT plans to produce products of portable speakers made from nature

casings such as bamboo and modified materials. Another product we offer is

sticker designs. Our products are suitable for the personal use.

The services proposed to offer are down-loadings, hand-drawn sketches,

and service repair for TV and sound electronics.

 17

Various Plant and Office Equipment

The office equipments are computers, wireless fidelity (wifi), printers, and

lamination machine requirement for product of tag accessories, sticker designs

and download services. EMIT plans to use brand new and second hand raw

materials. Furthermore the business is under observation if it will survive then we

may continue to expand our business outside the school campus.

Size of the Proposed Business

The proposed business is only a standard store size but when everything

goes well we plan to make it an establishment to offer both our products and

services.

Future Parties with whom Contracts may be Necessary

Our future parties would be tech companies like Arduino technologies or

Butuan Robotics is in the list of our next goal because they offer electronic

components that may help in our business venture goal.

 18

Personnel Requirements

The business focuses more on the use of modern technology, so any

personnel must be responsible and thoroughly knowledgeable of his/her specific

job and also must at least have a good moral record before and with no less than

1 year of experience of information communication technology or industrial arts

field of study.

Administrative Operation

The CEO of the business oversees the management of each managers of

organization, operation, production, marketing, and finance by each batch. Each

respective manager of each batch foresees their staff and records their logs of

what their planning of which the next batch managers can refer to so the

business operation is continued.

 CHAPTER V

PRODUCTION PLAN

Production Schedule

Saint Michael College of Caraga

Open 8:00 am – 4:30 pm School Canteen

Monday Tuesday Wednesday Thursday Friday

Production Management

Production managers are concerned with the design and implementation

of systems and processes for getting work done. They are responsible for

transforming input resources into desired outputs for some specified quality at a

minimum cost. They must examine the objectives of the firm and work within the

constraints of the system to operate most effectively and efficiently.

 20
Production Process

Each student has the corresponding position in every production plan.

Production manager must consider the investment on manufacturing facilities

and for some production cost. Planning quite naturally comes after the product

design and arts for the convenience and liability of this product. Furthermore,

some staffs has a comprehensive inventory for scheduling, and some of them

are the one who has the responsibility for the Materials and taken.

Processing Plant and Equipment

Finding a location of a business is a big problem to face periodically

because we need to choose a location that will accessible to the appropriate

residential areas. We decided that our business will be located at Saint Michael

College of Caraga, it will be easy for us because the location we chose is in our

School, and definitely findable.

 21

Sources of Materials

We the Production team decided to contribute some of materials, spare

parts that will be perishable items and that will be used to our product to sell, so

we don’t have to spend too much on our expenses. But most of the Materials

need to purchase from Appliances store / Electronic Facility. And also we provide

materials needed for every product to be display to our small business that every

student would be able to buy, and its availability.

Production Cost

In order an executive authorization to produce a particular item or group

item - in order to conforms the general production. An investing problem occurs

when it comes to money or the total cost of all equipment to buy for the

effectively of those things, and seasonal product.

 CHAPTER VI

MARKETING PLAN

Product

The ICT and IA strands of Saint Michael College of Caraga are offering

the following products to make the business work in complying the

Entrepreneurship subject. First is portable speakers made from nature casings

such as bamboo and modified materials. Another product we offer is sticker

designs. Our products are suitable for the personal use. The services proposed

to offer are down-loadings, hand-drawn sketches, and service repair for TV and

sound electronics. The products and services that we produced are suitable for

our strand so these make us very easy to serve the customers. The ICT and IA

are highly making this business to work.

Place

The proposed headquarter location of our business is on Atupan Street,

Nasipit, Agusan del Norte inside the campus of Saint Michael College of Caraga

where we supply our products and services for students.

 23

Price

Penetration pricing or pricing to gain market share strategy is used to

provide a few services for free or keep a low price of the products for a

limited period of time that is for a few months. This strategy is used by EMIT

only in order to set up the customer base in a particular market.

Psychological pricing strategy is used. Psychological pricing Strategies

is an approach of gathering the consumer’s emotional respond instead of his

rational respond. For most consumers price is an indicating factor for buying

or not buying a product.

Pricing for promotions strategy is used. These promotion offers can

include, discount offers, gift or money coupons or vouchers, buy one and get one

free, etc. to promote new and even existing products companies do adopt such

strategies where they roll out these offers to promote their products. EMIT thinks

consumer considers buying the product and service for the offer that the

consumer receives.

Pricing of premium products strategy is used. Premium products are

priced higher due to their unique branding approach. A high price for premium

products is an extensive competitive advantage to the manufacturer as the high

price for these products assures them that they are safe in the market due to

their relatively high price. The higher the cost the more will be the value of the

product amongst that class of audience.

 24

Promotion

Social media promotion is used. Social media websites such as Facebook

and Google+ offer companies a way to promote products and services in a more

relaxed environment. This is direct marketing at its best. Social networks connect

with a world of potential customers that can view our company from a different

perspective. Rather than seeing our company as "trying to sell" something, the

social network can see a company that is in touch with people on a more

personal level.

Contest promotion is used. Contests are a frequently used promotional

strategy. Many contests don't even require a purchase. The idea is to promote

the brand and put our logo and name in front of the public rather than make

money through a hard-sell campaign. People like to win prizes. Sponsoring

contests can bring attention to our product without company covertness.

Mail Order Marketing is used. Is getting personal information from these

customers and offer a free product or service in exchange for the information,

these are customers who are already familiar with our company and represent

the target audience we want to market our new products to.

Customer Referral Incentive Program is used. The customer referral

incentive program is a way to encourage current customers to refer new

customers to our store. Free products, big discounts and cash rewards are some

of the incentives we use. This is a promotional strategy that leverages our

customer base as a sales force.

 25

Branded Promotional Gifts is used. Giving away functional branded gifts

can be a more effective promotional move than handing out simple business

cards. Putting our business card on a magnet, ink pen or key chains are an

example. These are gifts we give to our customers that they may use, which

keeps our business in plain sight rather than in the trash or in a drawer with other

business cards the customer may not look at.

After-Sale Customer Surveys is used. Contacting customers by telephone

or through the mail after a sale is a promotional strategy that puts the importance

of customer satisfaction first while leaving the door open for a promotional

opportunity. Skilled salespeople make survey calls to customers to gather

information that can later be used for marketing by asking questions relating to

the way the customers feel about the products and services purchased. This

serves the dual purpose of promoting our company as one that cares what the

customer thinks and one that is always striving to provide the best service and

product.

People

The target customers that we aim to served is the students and the

teachers in Saint Michael College of Caraga. Another target are the people

related to our products and services offered.

 26

Packaging

The packaging materials that we use for our products to protect during

storing period are the paper and carton for the solid-based products and

cellophane's for other items that are light-weight. Packaging aims for product

protection during its route manufacturer .To remain the features of the product

and to increase the profit possibilities, particularly when other customer buy the

product primarily because of the package. For the labels and designing, we will

use Photoshop to edit the label name which plastered at the front-center of the

package namely “EMIT” and a little design to make the package presentable.

Positioning

The ICT and IA proposed business are more on services in repair

domestic appliances such as Television, Speaker, Headset, Cellphone, Electric

Fan and etc., downloading and printing. The business may position itself as

offering hip, innovative, and use-friendly technology products and good services

with low prices and very accommodating to customers.

 CHAPTER VII

ORGANIZATIONAL PLAN

Organizational Structure

BRENT G. BERNASOL
CEO

ANGELICA PAREJA CATHLYN ANN GOCOTANO

Operation Head Marketing Head

MADEL BALANE
Organizational Head SHEILA MARIE REMONSADA
Finance Head

MICHELLE ANN LUCINO

Production Head
 28

Form of business organization

Is organized by batch which means every batch there should be at least 1

(one) person to handle the business. There will be person to be assigned as a

manager and the assistant manager, the manager must be the first ruler of the

business the one who is responsible in checking the attendance of the co-

workers and the daily income of the said business and the assistant manager

also have the same responsibility in the manager she/he has to double check the

important list of business daily activity such as the payment in every services and

the attendance of the co-workers that will be assigned on time.

Roles and Responsibilities

C.E.O. - chief executives officers spend most of their time developing and

guiding strategy, their personal goals and values inevitably shape organizational

strategy. Their role in strategy implementation. First, they interpret strategy,

acting as final judges when managers disagree on implementation. Second,

CEOs enact—through their words and actions—the seriousness of an

organization’s commitment to a strategy. Third, CEOs motivate, providing

intangible incentives beyond pay or bonuses. By appealing to members’ values,

beliefs, and loyalties, CEOs can mobilize support for a strategy.

 29

Production manager- Production managers are concerned with the design

and implementation of systems and processes for getting work done. They are

responsible for transforming input resources into desired outputs of some

specified quality at a minimum cost. They must examine the objectives of the firm

and work within the constraints of the system to operate most effectively and

efficiently.

Operation manager- operates the in and out products. The operation

manager is the one who checks the products for the business. He/she and the

staff are the one who control the storage, inventory and the function support of

the business.

Finance manager- oversees the management of the financial status.

Marketing manager- Is working with markets attempting to actualize potential

exchanges, a human activity directed at satisfying needs and wants through the

exchanges process. Outline strategies to generate revenues by creating products

and services that are wanted and needed in the said business. He/she take

notes for the amount damages and the statistic of the product.

Organizational manager- This manager helps organization to shape and

hone the organization, also helps to achieve goals.

Staff – they assists the managers in case they need assistance to their works

and they are to obey the tasks given to them.

 30

CHAPTER VIII

OPERATION PLAN

Evaluation of supplier

The equipment we buy is good enough for our business such as the

printer and the laminating machine. Our products are related to our strand that’s

why we proposed this business. These products are accommodating to others

because of the designs that are trendy today and also we have the service that is

good for our costumers.

We, in the operation group, evaluates that our product is compatible with

the students and to the people who tries our repairing services. We ensure that

our repairing services are safe and ensure that it will be fixed. In addition, our

product such as speaker made of bamboo surely will be work and have a nice

music will be produced.

 32

Materials requisition and receiving procedures

Production Department

Finance Department

Supplier

Figure1. Process for Requisition and Receiving Materials

The production department needs raw materials for the products in our

business, then the finance department will be the one budget the amount release

for purchasing products. So that, the supplier supplies stocks that the production

department needs.
 33

Storage and inventory control system

The process of controlling inventory in our business is to determine the

activities related to holding products and the process of counting the products

had been bought and remaining items per day.

Moreover, the employees assign per day will have full understanding of

procedures in inventory control of the business and expectations. To have an

effective storage control system, the location must have organize and proper

areas for not in prone to inventory transaction errors.

In fact, not only the in charge will be managed the inventory but also the

whole members will be handle the storage and inventory control system.

Shipment system and control

Our business is more on servicing and products that are already made.

The consumer will be the one who buy products in our store and no shipping

dismissed.

Functions of support system

The EMIT will gain costumer insight through designing the products and

beautification of the store. In addition, the members of the business will be on

sales talk to the costumer to introduce the products we sell.

 CHAPTER IX

FINANCIAL PLAN

Source and Application of Funding

NAMES DISTRIBUTION PERCENTAGE

1.Abrenica, Imae Gane 300 2.04%
2.Alonzo, Kristian Vanz 300 2.04%
3.Aquino, Ahl Cristian 300 2.04%
4.Asistido, Eric 300 2.04%
5.Balane, Madel 300 2.04%
6.Bernasol, Brent 300 2.04%
7.Binongcasan, Menomie 300 2.04%
8.Blancaflor, Sheila 300 2.04%
9.Caindoy, Algen Jhon 300 2.04%
10.Cano, Jodi Ann Alexa 300 2.04%
11.Castigon, Clint Richard 300 2.04%
12.DeGuzman, Dadz Paulo 300 2.04%
13.De Guzman, Necoyan 300 2.04%
14.De Jesus Jessa 300 2.04%
15.Desamparado,Christian Angelo 300 2.04%
16.Discipulo, Josie 300 2.04%
17.Dolong, Sunday Angel Lynor 300 2.04%
18.Duran, Carlo James 300 2.04%
19.Enarciso, Renalyn 300 2.04%
20.Erong, Jasmin 300 2.04%
21.Febrio, Neri 300 2.04%
22.Gaballo, Carch Stephen 300 2.04%
23.Gadgude, Leonell 300 2.04%
24.Ga, John Patrick 300 2.04%
25.Gocotano, Cathlyn Ann 300 2.04%
26.Jamisola, Ruzzel James 300 2.04%
27.Libores, Irene Mikaela 300 2.04%
28.Llavan, Jayrold 300 2.04%
29.Loang, Keth Ezra 300 2.04%
30.Lucino, Michelle Ann 300 2.04%
31.Luis, Bryll 300 2.04%
32.Lumagod, Welhem 300 2.04%
33.Macas, Pepito Jr. 300 2.04%
 35

34.Manzo, John Paul 300 2.04%

35.Mayahon, Christian Lord 300 2.04%
36.Mercado, Baby Rose 300 2.04%
37.Monteza, Leo 300 2.04%
38.Ocaba, Pablita 300 2.04%
39.Oclarit, Jemerilou 300 2.04%
40.Ortega, Jules Mark 300 2.04%
41.Oyan, Stefano 300 2.04%
42.Paceῆo, Joshua 300 2.04%
43.Pajaron, Rae 300 2.04%
44.Pardillo, Mae 300 2.04%
45.Pareja, Angelica 300 2.04%
46.Remonsada,Sheila Marie 300 2.04%
47.Trocio, Gerald 300 2.04%
48.Villaceran, William Jr. 300 2.04%
49.Villalongja, Harold 300 2.04%
TOTAL 14,700 100%
 36

Major Assumptions
Sales and Marketing
Expenditures
4,700

Operation and Technical

Expenditures
8,800

General and Administrative

Expenditures 1,200

Total Cash out Flows

14,700
 37

Capital Materials List

EMIT

SPEAKER

Led (12 per meters) 3 meters x 12.00 36.00

Speaker (5 watts/40hms) 130.00

Bamboo 20.00

Battery 100.00

Amplifier with Bluetooth 200.00

TOTAL 486.00

Equipments:

Varnish 50.00

Liha 30.00

TOTAL 80.00

Total Price 566.00

Price Mark Up 34.00

Unit Price 600.00

 38

Capital Material List

EMIT

STICKERS

Sticker Paper (1 pc.) 3.00

Sticker Print (10 pcs. A4 size) 5.00

Resealable Bags (3” x 4 ½”) 0.45

8.45 (yields 10pcs.)

TOTAL 1.25
 39

Equipment

Cutter 11.00

Ink 1,400.00

Printer (rental) 30.00

Scissors 92.75

Pocket Wifi 999.00

TOTAL 2,532.00

Unit Price

Total Price 1.25

Price Mark Up 0.75

Sticker Product (1 pc.) 2.00

Sticker Product (10 pcs.pack) 20.00

 40

EMIT
Projected Balance Sheet
For the month of January 2018

Assets

Cash 9,220.00

Supplies 2,948.00

Equipment 2,532.00

14,700.00

Liabilities & Owner’s Equity

Capital 14,700.00
 41

EMIT
Projected Income Statement
For the month of January 2018

Sales 7,340.00

Cost of good sold 3,371.00

Gross sales 3,969.00

Operating expenses:

Stall rental P1,000.00

Electricity 300.00

Wages 150.00 1,450.00

Net sales 2,519.00

 CHAPTER X

RISK ASSESSMENT

Weakness of Business

The proposed businesses weakness is its unpredictable changes in the

industry, any changes could drop our projected sales. Another is its

management; if ever the management is not handled properly it could mean its

drop of profit or potentially our companies end. Our Business already list this as

one of its weakness and commits to balance out with any change that may occur

in the process.

New Technologies

The proposed business utilizes modified electronics especially in

speakers, also with the use of fast down-loading software and tools for repairs.

The business of Emit will continue to use new technologies in both short and long

run of our venture, and pursue to be one of the companies that develop new

technologies.
 43
Contingency Plans

The business of EMIT offers the products of speakers and stickers with

the services of down-loading, hand-drawn sketches and electronic repairs. If all

our business fails we implement the contingency plan of selling all our resources

and come up with a new business of creating software.

 CHAPTER XI

APPENDIX

Price List from Suppliers

Sticker Paper (1 pc.) 3.00 pesos Speaker (1 pc.) 566.00 pesos