Defunky Remedy Foot Powder
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A Feasibility Study Presented to the Faculty of the
Department of Financial Management
School of Accountancy and Business Management
Saint Louis University
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In Partial Fulfilment of the Requirements of the
Course Feasibility Study (FinMan 9C)
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Submitted by:
Buyagawan, Ayzeleigh K.
Dalo, Angelica O.
Estimada, Joy Maureen S.
May 2016
INDORSEMENT
This feasibility study is entitled “DEFUNKY REMEDY FOOT
POWDER”, prepared and submitted by AYZELEIGH K. BUYAGAWAN,
ANGELICA O. DALO, and JOY MAUREEN S. ESTIMADA, in partial fulfilment of
the requirements of the degree BACHELOR OF SCIENCE IN BUSINESS
ADMINISTRATION MAJOR IN FINANCIAL MANAGEMENT has been examined
and recommended for the acceptance of oral examination.
ZENEDITH P. MONANG, MSBA
Adviser
This is to certify that the study entitled “DEFUNKY REMEDY FOOT
POWDER”, prepared and submitted by AYZELEIGH K. BUYAGAWAN,
ANGELICA O. DALO, and JOY MAUREEN S. ESTIMADA, is recommended for
oral examination.
MA. ELIZABETH TRINIDAD, MSBA
Chairperson
ROLYN G. RAMOS, MBA ZENEDITH P. MONANG, MSBA
Member Member
Noted by:
BIENVENIDO E. BERAY, Ph.D. Mgmt. REYNALDO S. BAUTISTA, DM, DBE
Department Head Dean
Department of Financial Management School of Accountancy and
School of Accountancy and Business Management
Business Management Saint Louis University
Saint Louis University
APPROVAL SHEET
Approved by the Committee on Oral Examination as passed on May 2016.
MA. ELIZABETH TRINIDAD, MSBA
Chairperson
ROLYN G. RAMOS, MBA ZENEDITH P. MONANG, MSBA
Member Member
Accepted and approved in partial fulfilment of the requirements for the
degree of Bachelor of Science in Business Administration Major in Financial
Management.
BIENVENIDO E. BERAY, Ph.D. Mgmt. REYNALDO S. BAUTISTA, DM, DBE
Department Head Dean
Department of Financial Management School of Accountancy and
School of Accountancy and Business Management
Business Management Saint Louis University
Saint Louis University
ACKNOWLEDGMENT
We, the Researchers, would like to extend our profound gratitude to the following
people who have contributed in the success of this Feasibility Study.
To our Heavenly Creator, who has given us strength, knowledge and wisdom to
finish this endeavor, for all the trials, challenges and blessings that made us stronger and
realize that in Him nothing is impossible.
To our loving parents, for the relentless support, encouragement and inspiration
they have given to us.
To our vivacious and knowledgeable adviser, Ma’am Zenedith P. Monang, thank
you for continuously supervising and helping us in refining our study. Thank you for
patiently helping us enhance our ideas despite how redundant our questions are.
To our panel members, for their understanding and consideration during the
defense and for sharing their great ideas making this study even better.
To our classmates and friends who willingly contributed necessary information
needed to finish the study.
To our respondents, thank you for taking part in our study. The responses you had
given us were beneficial.
Thank you very much. We appreciate all the things you have done.
The Researchers
TABLE OF CONTENTS
Page No.
Title Page ……………………………………………………………………………………………………………..i
Indorsement………………………………………………………………………………………………………….ii
Approval Sheet…………………………………………………………………………………………………….iii
Acknowledgment …………………………………………………………………………………………………iv
Table of Contents …………………………………………………………………………………………………v
List of Tables …………………………………………………………………………………………………….xii
List of Figures…………………………………………………………………………………………………….xiii
List of Charts …………………………………………………………………………………………………….xiv
CHAPTER I : PROJECT SUMMARY
Introduction ………………………………………………………………………………………………………….1
A. Name of the Enterprise ……………………………………………………………………………………..1
B. Location of the Enterprise…………………………………………………………………………………..1
C. Logo of the Enterprise………………………………………………………………………………………..2
D. Vision-Mission of the Enterprise ………………………………………………………………………..2
E. Descriptive Definition of the Project ……………………………………………………………………3
a. Related National Program ………………………………………………………………………..3
b. Affinity to Regional & Sectoral Studies …………………………………………………….5
F. Project Potential and Proponents …………………………………………………………………………7
G. Project’s Long Range Objectives ………………………………………………………………………..7
H. Feasibility Criteria …………………………………………………………………………………………….8
Page No.
I. Highlights of the Project ……………………………………………………………………………………..8
1.History of the Project ……………………………………………………………………………….8
2. Project Time Table and Status ………………………………………………………………….9
3. Nature of the Industry ……………………………………………………………………………10
4. Mode of Financing ………………………………………………………………………………..11
5. Investment Cost…………………………………………………………………………………….11
J. Major Assumptions and Summary of Findings …………………………………………………….11
1. Market Feasibility …………………………………………………………………………………11
2. Technical Feasibility ……………………………………………………………………………..12
3. Financial Feasibility ………………………………………………………………………………13
4. Socio-Economic Feasibility ……………………………………………………………………14
5. Management Feasibility …………………………………………………………………………14
K. Gantt Chart …………………………………………………………………………………………………….15
CHAPTER II: MARKET STUDY
Introduction ………………………………………………………………………………………………………..16
A. Product Description …………………………………………………………………………………………16
1. Name of the Product………………………………………………………………………………16
2. Properties of the Product…………………………………………………………………………16
3. Uses of the Product………………………………………………………………………………..17
4. Users of the Product……………………………………………………………………………….17
5. Geographical Areas of Dispersion……………………………………………………………17
B. Demand Analysis ……………………………………………………………………………………………17
Page No.
C. Supply Analysis………………………………………………………………………………………………27
D. Demand-Supply Analysis ………………………………………………………………………………..33
E. Price Study ……………………………………………………………………………………………………..35
F. Factors Affecting the Market …………………………………………………………………………….35
Factors Affecting Demand …………………………………………………………………………35
Factors Affecting Supply …………………………………………………………………………..37
G. Marketing Program …………………………………………………………………………………………39
CHAPTER III : TECHNICAL STUDY
Introduction ………………………………………………………………………………………………………..41
A. The Product ……………………………………………………………………………………………………41
B. Manufacturing Process……………………………………………………………………………………..41
C. Flow Chart ……………………………………………………………………………………………………..44
D. Plant Size and Production Schedule …………………………………………………………………..45
E. Machineries, Equipment, Tools & Implements ……………………………………………………46
F. Plant Location………………………………………………………………………………………………….47
G. Building and Facilities……………………………………………………………………………………..49
H. Raw Materials and Supplies………………………………………………………………………………51
I. Utilities …………………………………………………………………………………………………………..53
J. Waste Disposal…………………………………………………………………………………………………55
K. Production Cost ………………………………………………………………………………………………55
L. Labor Requirements ………………………………………………………………………………………..58
M. Project Cost …………………………………………………………………………………………………..59
Page No.
N. Notes to the Project Cost…………………………………………………………………………………..60
CHAPTER IV : FINANCIAL STUDY
Introduction ………………………………………………………………………………………………………..66
A. Major Assumptions …………………………………………………………………………………………66
B. Income Statement…………………………………………………………………………………………….69
C. Notes to the Income Statement ………………………………………………………………………….70
D. Schedule to the Notes if the Income Statement …………………………………………………..71
E. Balance Sheet …………………………………………………………………………………………………78
F. Notes to Balance Sheet …………………………………………………………………………………….79
G. Changes in Owners’ Equity ……………………………………………………………………………..81
H. Cash Flow ……………………………………………………………………………………………………..82
I. Financial Ratio Analysis ……………………………………………………………………………………83
CHAPTER V : SOCIO ECONOMIC FEASIBILITY
Introduction ………………………………………………………………………………………………………..88
A.Socio Economic Benefit……………………………………………………………………………………88
B. Illustration ……………………………………………………………………………………………………..91
CHAPTER VI : MANAGEMENT STUDY
Introduction ………………………………………………………………………………………………………..92
A. Basic Consideration ………………………………………………………………………………………..92
B. Form of Ownership …………………………………………………………………………………………92
C. Organizational Chart ……………………………………………………………………………………….93
D. Officers and Key Personnel ……………………………………………………………………………..93
Page No.
E. Organizational Policies ……………………………………………………………………………………94
APPENDICES
A. Demand Questionnaire……………………………………………………………………………………..98
B. Three Unused Methods for Demand ………………………………………………………………..101
C. Supply Questionnaire …………………………………………………………………………………….104
D. Three Unused Methods for Supply …………………………………………………………………106
E. Articles of Partnership ……………………………………………………………………………………109
F. Application for Registration ……………………………………………………………………………113
G. Phiilhealth Members Data Form ……………………………………………………………………..115
H. SSS Form …………………………………………………………………………………………………….116
I. Pag-ibig Format ……………………………………………………………………………………………..117
J. Permit to Engage in Business ………………………………………………………………………….119
K. Curriculum Vitae …………………………………………………………………………………………..121
LIST OF TABLES
Table No. Description Page No.
1 Historical Population……………………………………………..………18
2 Raw Tabulation…..………………………………………………..….…..19
3 Annualize Usage…………………………………………………..……..20
4 Historical Demand…………….…………………………
…………………..21
5
Frequency Distribution as to Usage…….…………………………………21
6 Frequency Distribution as to How Often.…………….…………..………22
7 Frequency Distribution as to the Size.…………………..……….………23
8 Frequency Distribution as to How Long……..……………………………24
9 Frequency Distributio
n as to Willingness…………………..……………24
10 Summary Table of Standard Deviation-
Demand…….……………………25
11 Standard Deviation using Statistical Parabolic Curve……………………25
12 Projected Values for Demand…………..………………………………..27
13 Actual Projected Demand……………………………………………………27
14 Competitors’ Raw Data……………………………………………………28
15 Annualized Table for Supply……..………………………………………..29
16 Historical Supply…..…………………………………………………….30
17 Summary of Mathematical Methods for Supply…..………….………….31
18 Statistical Parabolic Method…..…………………………….……………31
19 Projected Values Using Statistical Parabolic………………….…………33
20 Actual Projected Supply…………………………………………………33
Table No. Description
Page No.
21 Unsatisfied Demand………………………………………………….……….35
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LIST OF FIGURES
Figure No. Page No.
1 Logo …………………………………………………………………………………………………..2
2 Sample Product ………………………………………………………………………………….39
3 Sample Advertisements……………………………………………………………………….40
4 Machineries and Equipment
a.Grinder……………………………….………….…………….……………46
b.Essential Oil Extractor……………………………………….…….…..…..46
c.Mixer…………………………………………………….……….….……..46
5 Vicinity Map ………………………………………………………………………………………48
6 Building and Facilities………………………………….………….………….49
7 Production Layout…………..………………………………………………….50
LIST OF CHARTS
Chart No. Page No.
1 Gantt Chart………………………………………………………………………………………….15
2 Manufacturing Process………………………………………………………………………….41
3 Flow Chart …………………………………………………………………………………………44
