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feasibily studies

Extracts from this document...

Introduction

A Project Feasibility Study Presented to: The Faculty of Elizabeth Seton School High School Unit Technology and Livelihood Education In partial fulfillment Of the requirement in Technology and Livelihood Education III By: Ken Gabriel Fernandez Anjelo Lenin Ramirez Guido Alvaro Ricardo Mica Bianca Gonzales Trisha Manel Santos Alvie Marie Villapa�a Of III - Tawi-Tawi February 2008 APPROVAL SHEET In partial fulfillment For TLE III This Study is Entitled: _______________________ Has been prepared and submitted by: Ken Gabriel Fernandez Anjelo Lenin Ramirez Guido Alvaro Ricardo Mica Bianca Gonzales Trisha Manel Santos Alvie Marie Villapa�a Of III - Tawi-tawi S.Y. 2007-2008 Whose grade for the paper is ___% ___________________ Ms. Mary Joan Samonte Project Study Moderator TABLE OF CONTENTS Preface --------------------------------------------------------------------------------------------- v Acknowledgements -------------------------------------------------------------------------- vi Chapter 1 Background of the Study ------------------------------------------------------------ 1 Chapter 2 Organizational and Management Feasibility ------------------------------- 21 Chapter 3 Marketing Feasibility --------------------------------------------------------------- 28 Chapter 4 Production Feasibility ------------------------------------------------------------- 31 Chapter 5 Financing Feasibility --------------------------------------------------------------- 52 Chapter 6 Socio-Economic Feasibility ------------------------------------------------------ 56 PREFACE The group decided to establish a spa business because we think that people nowadays are too busy. They need to relax. Earth's Haven is a small company by choice. This enables us to have maximum contact and flexibility with our clients and more importantly, a fresh, personalized approach for each project. We like to enjoy every project that we work on and want to be proud of the end result just as we want our clients to be pleased that they chose us to serve them. In our spa, our customers can bond with their family while enjoying the services we offer. We have special promos in very affordable prices. We offer unconditional quality and take pride in being thorough, objective and insightful. Our integrity is important to us. We are always looking for new ways to define and improve the spa experience. v ACKNOWLEDGEMENTS Our group would like to thank the people who helped us make this Feasibility Study possible. Special thanks to: > Our TLE teacher, Ms. ...read more.

Middle

* Facial This service helps in revitalizing stressed muscle in the face to look young and fresh after a long day of work. It is also performed to maintain good looking aura. * Foot Scrub Foot scrub helps in relaxing muscle tension and in blood circulation. At the same time, exfoliates dead skins within the foot. 32 Project site/location = Elizabeth Seton School = Village Center 2 Our Spa Center is located on G. Licaros Street near Abel Nosce Street and near the restaurant Vibang's Delight. 34 Machines, equipments & furniture Equipment Quantity Price/Unit Total Computer 1 29,980.00 29,980.00 Desktop Calculator 1 299.00 299.00 Scanner 1 4,550.00 4,550.00 Fluorescent Light 14 150.00 2,100.00 Deskjet Printer 1 6,750.00 6,750.00 Telephone Units 2 1,000.00 2,000.00 21" Television 1 8,500.00 8,500.00 Small Refrigerator 1 2,500.00 2,500.00 Lamp Shade 8 720.00 5,760.00 Air Conditioner 2 10,000.00 20,000.00 Total Equipment Cost Php 82,439.00 Furniture Quantity Price/Unit Total Sofa 1 5,000.00 5,000.00 Book Shelf 1 2,000.00 2,000.00 Drawers 1 7,200.00 7,200.00 Locker Cabinet 8 4,275.00 34,200.00 Single Bed 8 3,000.00 24,000.00 Body Mirror 8 900.00 7,200.00 Shower 8 1,600.00 12,800.00 Bath Tub 8 3,500.00 28,000.00 Chairs 3 1,100.00 3,300.00 Ceiling Fan 1 2,499.00 2,499.00 Total Furniture Cost Php 121,695.00 Miscellaneous Quantity Price/Unit Total Cork Board 1 60.00 60.00 White Board 1 150.00 150.00 Wall Clock 2 100.00 200.00 Emergency Light 4 500.00 500.00 Trash Can 10 60.00 60.00 Water Dispenser 1 6,000.00 6,000.00 Total Miscellaneous Cost Php 6,970.00 Total Machineries, Equipments and Furniture Costs Php 211,104.00 Raw materials requirement (Monthly Supply of Raw Materials) Raw Material Quantity Cost Total Cost Baby Oil 10 14.00 140.00 Massaging Oil 10 24.00 240.00 Alcohol 10 18.00 180.00 Baby Powder 10 16.00 160.00 Lotion 10 19.00 190.00 Massaging Lotion 10 40.00 400.00 Whitening Lotion 10 44.00 440.00 Scrub 10 75.00 750.00 Towel 30 150.00 4,500.00 Face Towel 20 20.00 400.00 Hand Towel 20 15.00 300.00 Total Raw Material Cost Php 7,700.00 36 Waste and Waste disposal method In the world's popularity, Rampant Spa's as ...read more.

Conclusion

2 4.00 8.00 Paper(stack, intermediate/bond) 2 184.75 369.75 Pencil(pack) 2 64.75 129.50 Ball pen(pack) 2 34.50 69.00 Marker(pack) 2 33.75 67.50 Tape(masking/scotch) 3 26.75 80.25 Glue 2 47.75 95.50 Soap 4 14.25 47.00 Tissue(pack) 2 10.00 20.00 Diskette 10 120.00 1,200.00 Book Rack 1 69.00 69.00 Puncher 3 149.00 447.00 Pencil Sharpener 1 169.00 169.00 Inkjet Cartridge(Black/colored) 2 2,200.00 4,400.00 Tape Dispenser 2 99.00 198.00 Document Envelope 2 139.00 278.00 Long/Short Folder 2 99.00 198.00 Total Office Supplies Cost Php 8,094.75 * Utility Expenses Utility Expense/ month (in Peso) Electricity 7,000.00 Water 5,000.00 Phone 1,000.00 Total Utility Expenses Php 13,000.00 54 Financial Analysis Income Statement (Projected for 1 Month) Service Income Php 400,000.00(target) Less: Working Capital Php 171,794.75 Income Before Tax Php 228,205.25 Less: Tax (30%) Php 120,000.00 Net Profit Php 108,205.25 Our target service income for a month is Php 400,000.00. For a month we will be spending Php 171,794.75 plus 30% tax. Our Net Profit is Php 108,205.25. We will be using our profit to upgrade our facilities and equipments, and also to improve our service. 55 Chapter VI Socio-Economic Feasibility Beneficiaries Consumers Consumers benefit services like our massages, facials, manicures, wraps, baths, and many more services. In these services, consumers get to relax, attain pleasure and wellness, and socialize with other people. Detoxification brings about many health benefits in our consumers such as relief from joint pains, headaches, high cholesterol, unexplained tiredness and/or irritation, and overall wellness of the body. Community Not only consumers benefit from this business but also the community of the Spa Center. Many people nowadays are working hard to raise their family and to have a living. Surely they are stressed with their everyday work and are craving for relaxation. Our Spa Center ensures the community a place to relax, to have a break, and to set their problems aside. Government Of course the government will surely benefit from us. With all the taxes, bills, and payments we have to pay to legalize our business. Also, business means money; so, we are participating in the flow of the economy. ?? ?? ?? ?? ...read more.

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