Sample of Feasibility Sonclusions Essay Example

Sample of Feasibility Sonclusions Essay Example Sample of Feasibility Sonclusions Essay Sample of Feasibility Sonclusions Essay Summary of Conclusion for Feasibility Study of Snack Stand July 15, 2010, 1:11 am Marketing Aspects 1. The Snack stand will be very much positive in offering a lot of services to satisfy customers needs, accept suggestion and criticisms to improve our business 2. Snack stand will utilize with honesty and credibility thru our products and services. 3. Snack stand will be always â€Å"open-minded† to those other competitors and will seek only the best. Technical Aspect 1. The final location of the business will be at the Common Terminal, Balanga City, Bataan. 2. Raw materials will be obtained during its freshness and nearness to the source which is Elizabeth Supermarket in Balanga City itself. 3. The management will provide cleanliness of the stall, especially the food for satisfaction of customers. Management Aspect 1. The best organizational structure to adopt in the same manner communication will be facilitated from the top to bottom and from the bottom to the top. 2. The democratic atmosphere will always prevail in the business to ensure hormones interpersonal relationship between management and personnel. 3. The Snack stand will develop the service activity to satisfy the need of the customer. Socio-Economic Aspect 1. The Snack stand will be very much responsible in promoting environmental, clean air act and proper waste disposal. 2. Taxes assured for the city government. 3. The partner’s will make sure of the observance and God-fearing to all of them. Financial Aspect 1. The amount of fifty thousand pesos (Php50,000. 00) is substantially enough to put up the proposed project Snack stand. 2. Based on the projections as depicted by the financial statements, the proposed project is a kind of lucrative undertaking. . The proponent of the project will be responsible in producing the capital requirement. Prepared by: Arde Reyes Tags: feasibility study snack stand, financial aspect, management aspect, marketing aspect, socio economic aspect, technical aspect Category: Sample Feasibility Study | Comments Off Management Aspect Feasibility Study for Snack Stand June 15, 2010, 8:32 am The c entral idea of management is to make every action or decision help achieve a careful chosen goal. The word management is also used to mean the group of persons called executives who perform management activities. Objectives 1. To keep the subordinates be alert to what is expected to them. 2. To know the duties and responsibilities of each member and personnel. 3. To know different strategies to be able to achieve the company’s goal. Description of Activities 1. DTI Permit Application The business name of GF Snack Stand should be register with the Department of Trade and Industry. It would take only four days to five days before the permit is receive. If there as no other name of its type. Three (3) different name should be apply so when one is approved, so they can use other applied business name (see appendix) 2. Rental Space The project business will be located at Bataan terminal at 2nd floor Ibayo, Balanga City, Bataan. The application will only about three to four weeks before it is approved. 3. Mayor’s Permit The Mayor’s Permit application will acquire the submission of the following: a. SSS Clearance Permit b. Sanitary Permit c. DTI 4. TAN (Tax Account Number) The project business will be registered at the Bureau of Internal Revenue District Office No. (1020) located at Capitol drive, San Jose, Balanga City. The following forms should be accomplished with necessary attachments. BIR FORM No. Attachment Required, Mayor’s Permit and DTI Permit 5. Buying of machineries and equipment Involves the acquisition of the necessary machinery and equipment in the food snack as mentioned in technical aspect. 6. Promotion Includes advertising and personal selling partnership in a variety of promotional activities to inform customer about products and service and to encourage them to buy. 7. Start of Operation After securing all the necessary permits and other needed materials. The said will be now ready to operate. C. Organizational Structure Through GF Snack Stand is just a simple business, the organization structure will have a simple flow. It is not as complicated as big ventures. Over – All manager / Cashier Cook 1, Cook 2 Utility Man 1, Utility Man 2 D. Personnel Structure The GF Snack Stand is required to have the members of personnel and service crew. Staff – Over all Manager – 1 Cashier – 1 Cook – 2 Utility Man – 2 E. Duties and Responsibities 1. Over-all Manager / Cashier Supervise the overall operation of the business Computer the total amount of the purchased item Assist the customers 2. Cook 1 Prepares the necessary ingredients Cooks the items/products 3. Cook 2 Prepares the necessary ingredients Cooks the item/products 4. Utility Man 1 In charge of cleaning the workplace Delivers items within the vicinity In charge of buying raw materials from suppliers In charge of the inventory 5. Utility Man 2 In charge of cleaning the workplace Delivers items within the vicinity In charge of buying raw materials from the suppliers In charge of the inventory Excerpt from Management Project by Arde R. Reyes Ta gs: business requirement, management feasibility, organization feasibility, snack stand management Category: Sample Feasibility Study | Comments Off Business Feasibility Study – Snack Stand June 7, 2010, 2:08 am A. Name and Address of the Business The GF Snack Stand (Good Food Snack Stand) is proposed to be located at the 2nd floor of the Bataan Common Terminal, Ibayo, Balanga City, Bataan. B. Nature Business The GF Snack Stand offers a wide variety of snacks and beverages. It caters the need of the persons in transit and others who are waiting for their ride home in the said common terminal. It also provide hip and soothing music to those who are weary from work and school. The menu mainly consists of chicken, ham, ham and egg and hotdog sandwiches, fishballs, kikiam, squidballs, french fries and juices such as gulaman and pineapple juice. The said snack stand is open Mondays through Sundays from 7:00 AM to 7:00 PM. Management Aspect 1. What are the roles and responsibilities of each personnel? 2. What are the different strategies were going to use in order to cope up with the competition? 3. How can we cope up with the competition? Financial Aspect 1. How much will be the total cost of the project? 2. How much is the contribution of each member? 3. How much profit were going to earn this kind of project? Socio-Economic Aspect 1. How can the business contribute to the reduction of unemployment? 2. How can the business contribute to the community? . How can the business contribute to the economy? Excerpt from Management Project by Arde R. Reyes Tags: business feasibility study, Snack Stand Feasibility study Category: Sample Feasibility Study | Comments Off Sugar Mill Feasibility Study March 2, 2009, 8:04 am Name of the Enterprise This proposed sugar mill shall be called as Sweet Sugar Incorporated, obviously sugar is sw eet and sweet is sugar. That’s why it shall be called as Sweet Sugar Incorporated. Sweet Sugar Incorporated shall have its own plant located in Sitio Maguindong, Luakan, Dinalupihan, Bataan. The site was chosen because its strategic location, where the supplies of public and private services are adequate and labor supply and raw materials are readily available. Sources of Raw Materials The plant shall have its own sugarcane plantation near the mill and the plantation shall be adequate in land area that will produce the needed raw material for sugar. Availability of Transportation The plant site is strategically located in Sitio Maguindong, Luakan, Dinalupihan, Bataan where transportation is not a problem. The plant is readily accessible to the workers. The finished sugar can be readily delivered to the market. Project Long Range Objective The Sweet Sugar Incorporated shall stick to its obligation and responsibility to its consumers of providing and producing the highest quality of sugar. No toxic materials shall be used or if there is, it should be properly disposed. It also respond to the needs of the barangay where it is located in order to help its progress. The Sweet Sugar Incorporated shall be the number one product and supplier of high-grade sugar throughout Luzon and its neighboring provinces, and if expansion is needed, it shall be done without overlooking its primary objectives. Mode of Financing Financing shall come from the shares of the stockholders/owners of the Sweet Sugar Incorporated. If ever the shares can’t cover up the expenses of constructing the plant before its operation, the Sweet Sugar Incorporated shall apply for loans which will give the maximum output for the plant. When business is already in operation, its liabilities and loans shall be paid from the sugar revenue Market Study As Bataan is situated geographically near the center of the Philippines, the finished product can be easily transported to the neighboring provinces in the country. Manila, the leading distribution center in the Philippines will be recipient of greater bulk of the product. Analysis of Market Demand and Supply Sugar is one of the primary commodities of the people, thus it is very important to have big supply that will cover up the big demand for sugar. The establishment of this sugar mill will greatly help our fellow Filipinos and most of all, our economy. This sugar mill will increase the sugar supply in the market, thus lessening our importation of sugar which is more expensive in cost. Market and Marketing Strategy Vigorous effort should be expanded to secure a market before a commitment is made to build a sugar mill if it would be most desirable to have the financial participation of one or more major users who can guarantee the purchase of substantial portion for the procedure production. During the past years, several overtures were made in this direction which revealed the opportunities existing. Scale and Volume The receiving of raw materials supply condition market potential and engineering should be considered. It would have production line which represent 769,434 tons per unit day. The output of the plant will depend on the production conditions. Sugar Marketing Operation The structure of general framework of market situation is already been said of the manner in which selling, shipping, financing and all other commercial aspect of marketing are out inside the general framework. These function rarely been described except by and for the specialist concerned with them. They are the essential link, however, providing the customers with that they want and the sugar industry with their income. The successful selling of the product ultimately determine the prosperity of every one in industry if it s not sold successfully all the efforts of the farmers, millers and readiness with their employees and the most of business which supply and service them will suffer. The final customers are their most important millions of housewives buying sweets or soft drinks not only 4 lbs. of sugar and tin of golden syrup but also the tin of jam. Market Distribution Pricing Pricing s hould follow the established market prices and practices which in turn are determined by the forces of demand and supply, however because of uncertainty of sugar during the start up period, some prices concessions should be made in order to break into market. A suggestion that is to 20% reduction from established market prices be affected on the first year output. Consumer Surveys Everyone is using sugar everyday, but assumed of sugar feeds are centrally as possible within the area of cane fields, as this will facilitate the transportation of cane with less rolling stock and other fixed charges for their department. Moreover, easy cane supply, so necessary for a economical grinding, will secure to the factory. The direction of the prevailing wind and its accessibility to the factory and dwelling should be ascertained to avoid dust, ashes, smoke and odor of refuse going in wrong direction. Healthy surroundings are paramount importance to the employees. Standing and deterioration water must not be allowed near the factory. Technical Study Services Offered: The proposed plant site at Sitio Maguindong, Luakan, Dinalupihan, Bataan offers a plentiful supplies of water and power. The site offers adequate supply of water for growing sugarcane, and power for the production of sugar. It also offers adequate supply of laborers, which is considered more important than all the other factors, especially when skilled and unskilled laborers are required. Labor Skills required The company will hire Filipino larorers in sugar cane manufacturing. Laborers near the company site and more preferable to the employees to insure promptness and can do overtime work when needed Another important reason is that people from nearest place can easily transport with their convenience since the company is small, the working force will be required from town itself or its vicinity. The company on the other hand will give assurance to the workers like a good working condition, facilities for a conductive maintenance of their health incentives and many other benefits required by the labor code, plus benefits given by the company itself. The Project Site Sitio Maguindong, Luakan, Dinalupihan, Bataan was chosen the best region of all sugar plantation in the Philippines due to its abundant supply of labor will not be difficult to achieve as most barrio folk are quite hardworking and industrious. Another reason is because of availability of raw materials and have favorable conditions. The plant would be erected near the national highway which will enable the transportation of finished product to the opposite provinces of course, sugar central will increase their yearly supply of sugar production thus helping the sugar industry. The determination where sugar cane factory is to be located is purely an agricultural one. So far, it is referred t the tract of land which has to be adequate for growing sugar cane fr a period of years and the location where climate condition and rainfall are much that successful crops to be expected. As Bataan is situated geographically near the center of the Philippines, the finished product can be easily transported to the neighboring provinces. Waste Disposal The various waste materials produced by industries maybe classified generally as solids, gaseous or liquid. Solid waste are directly related to a loud pollution gas liquid to air and water pollution, although all of them have combined and interrelated effects on pollution. Methods of Waste Disposal 1. Eliminate of source. The first approach to a waste disposal problem requires a careful attention of the source of pollutants. 2. Recovery of waste products. Before deciding how to discard waste materials, the engineer should always think for recycle, reuse or for sale. 3. Regulate how to fit dilution 4. Divert waste to other points 5. Waste treatment. – A very expensive process the recent encountered by the major cities of the world due to smog problem and the question as due to how to dispose gaseous waste, electrostatic precipitators, aggrometrators, washers and many other kind of equipment have been used to remove atmospheric contaminants. Disposal of solid waste materials on land is always a complicated problem, incineration and burying are possible solution and the best is by recycling. A judicious plant design eliminates a potential hazardous operations should be separated from various plant facilities and sufficient protection is made, possible sources of fire by eliminating all the unnecessary ignition sources such as flame, spark or heated material, welding, smoking, static electricity and the spontaneous combustion of waste materials. Chemicals can cause dangerous burns and accidents are bound to occur rotating sections of equipments should be amply protected to prevent accidents. Management Study For Pre-operating Period: During the pre-operating period, the stockholders are responsible to deal with some government and private agencies to secure the necessary document and deal in financing institution for financial needs of the project. These persons are the one to negotiate for the constructor. The supplier of the materials and by the hired construction firm and the supervision will be integrated with the said contract. Consultant shall be hired also to ensure the safety of the plant and to supervise the installation of the equipment. For Operating Period: During the operating period, the stockholders handled the key position in the company. The business is organized and incorporate with their respective holdings: Board of Directors Chairman of the Board Member Member Member Maintenance and Material Director Company Accountant Sales Director Production Director The company sees to it that hired accountant and supervision directors are all licensed by the professional Regulation Commission (PRC) in their respective professions. All these persons should have at least an experience in their respective jobs. The company accountant is responsible for the books and the preparation of the company book of accounts. He also prepares the payroll and he examines the financial status of the company. The sales director will assists the selling and finding markets for the products. The production director is responsible for the production in order to insure for good productivity and minimize production or manufacturing costs. The maintenance and materials director is responsible for the safety programs and maintenance of the plant. He should set the guidelines and train workers about safety and accidents and be able to continue the flow of the product even machine breakdown occurs, which are hindrance to the company’s re-productivity programs. Financial Study Major Assumption An industry like sugar mill requires a big capital. The stockholders shall provide the needed capital for the establishment of the whole business. Funds shall be given for the purchases of the necessary equipments and necessary materials for the construction of the building and for the purchase of land. In case that there is no sufficient fund, the company shall apply for loan in the bank which gives the lowest interest. During operation, the company shall pay its obligation out its revenues. Equipment cost less than P40,000,000. 00. Building construction (payment for the labors included) costs more than P20,000,000. 00. Land (for the plant site and sugar cane plantation costs P20,000,000. 00. The stockholders shall produce a budget of not less than P80,000,000. 00. Socio-economic Study Taxes and Restricting Law Bataan offers the lowest tax rate for industries like sugar production, and the best of Bataan is, they offer, provide government subsidy and help to the industries located in its territory. Provincial and town legislation are also important. The sweet sugar laws are more stringent in Bataan. Sweet Sugar Incorporated will help boost the economic status of Dinalupihan, Bataan because it will provide a great number of jobs for the unemployed folks in the area, thus, giving them more opportunities in life. Sweet Sugar Incorporated shall pay all its tax obligations on time. This is a partial study of Engr. Eric Lanosa. Tags: Feasibility Study, sugar mill Category: Sample Feasibility Study | Comments Off Some Things to Consider in Establishing a Food Business February 20, 2009, 5:28 am Due to economic crisis, it is hard to decide which business should be started. In order to minimize the risk, a thorough study must be undertaken. Food business is very rewarding since man can give up almost everything except food. Men have to eat in order to live. But of course, you will also to be considered the location, security, market, management, facility, and financial to certain that the business could be carried out profitably. Examples of food business are restaurant, canteen, fast food, bars, coffee shop and many more. Location Location is one of the important things to consider when planning any business. Choose the best place to establish a food business. The location should be accessible to your prospective customer. As much as possible, it should be located near colleges, municipal, church, hospital, public and private offices and residences. Security Safeness of your business should also be considered. The business is secure if it is located around several establishments. Market Know the population of your place in order to know if there are enough people who will patronize your food business. Also, observe your competitors to be able to assume the demands. Food offers must be affordable to the people who live on your community. Facilities Find out the facilities to be used in your business such as the tables, chairs, cooking utensils, etc. Management Identify the personnel to be hired. Financial Estimate the total capital requirements. Forecast the monthly income and expenses of your food business in order to know the potential profits. Consider also the sources of financing. Waste Management Proper disposal of waste should be implemented. What will be the waste disposal method to be adopted. Tags: food business Category: Sample Feasibility Study | Comments Off Example / Sample of a Feasibility Study September 9, 2008, 12:21 am Feasibility Study of Establishing Cindy’s Fast Food Branch Along Plaza of Balanga, Bataan 1. General Objectives 1. 1. Description of the Business Project The proposed business will need a two-storey building in a 2,000 square-meter lot with a parking space at the rear. The customer will drive in the left entrance greeted by the water-sprinkled Indian trees partly shielding the establishment from the fumes coming from the busy street. Embraced by the multi-colored lights, the trees will set the cosmopolitan setting to a rustic atmosphere. The building will be constructed to hide the stockroom complementing the architectural masterpiece. The smoothly cemented exit passing through the well-manicured lawn will draw sights of satisfaction from the customers. The state-of-the-art tables, chairs and utensils will enhance the customers feeling that they are in a five-star hotel. Very affordable, the food will enthrall every customer to come and savor the food over the widely spaced tables on the immaculately marbled floor. The electronically flushing system of the restrooms will motivate the customers to force their friends and relatives to frequent this new Cindy’s Branch at the heart of the Balanga. 1. 2. Project Time Table All minor details considered, the project will start serving the five thousand targeted daily customers within five months. The contractors will complete the fence and the framework of the building in the first month. They will finish the walls and the floors in the second month. They will install the electrical and the air conditioning units in the third month. After the first and second layer coating, they will complete the final painting in the fourth month and finally they will landscape and plant balled-trees in the fifth month. As the project will be in progress, the company will busy the facilities to be used. 1. 3. Management of the Business With three managers alternately scheduled on the eight hour duty to man the 95crew in the 24 hour service, the business will surely satisfy the customers, propelling profit to soar. The personnel will make a customer feel that he is the only one served amidst the queuing multitude. The high wage given by the company and, likewise, the humane treatment of the superiors will inspire the crew to render machine-precise service. 2. Product and Market Aspects 2. 1 Market Outcome A variety of expensive fireworks commence the business to attract the children, students, parents, and professionals. This opening blast will have been advertised a month before. The initial big crowd from the different districts of the province will keep growing to actualize the management’s vision that this Cindy Branch will be the most profitable among the food chains in the City. . 2 Market and Selling Price The customers can order from a variety of choices in the counter staffed with beautiful and handsome ever-smiling crew. The waiters will serve the orders in the well-crafted, smoke free dining areas with both oriental and western motifs to fit their number and their tastes. These areas will enhance customer privacy as the customers enjoy eating while talking about the gossips o f the town, or as they engage in a highly intellectual calisthenics about a hot political issue. The area will also conduce lovers to cement their relationship with their soul-penetrating interlocked gazes that only lovers could fathom, as they savor their food. 3. Technical Aspect 3. 1 Location Factor At the center of Balanga Plaza, this food center will surely draw customers from the cross-section of society. The following factors will back-up the company’s foresight: 3. 1. 1 Topography The 2,000 square-meter lot does not need labeling because the area is already flat and it is located in high location. No matter how strong the typhoon will be, the rains will not flood the area. The customers will not be drawn away from enjoying the services of Cindys. 3. 1. 2 Cost of Land The fertile business venture will cheapen the current P20,000 per square meter piece of land. The forty five million peso worth of property will double after only three years of operation. 3. 1. 3 Security The place will be safe. Secretly installed cameras will monitor every move to ensure the security of the customers. Four security guards simultaneously assigned to the area will guarantee the safety of the clients. This will be backed up by policemen assigned at the outpost nearby. . 2 Size and Layout of the Building To maximize the 40 x 50 meter land area, the engineers will erect the 20 x 30 meter proposed two storey building, leaving five meters at both sides and 18 meters fronting the street. Only two meters will be left at the back of the building. This will ventilate the establishment. 3. 3 Equipment The Bataan Builders will construct the building. This construction company will us e modern building equipment like a cement mixer, caterpillar, automatic digging drill, and other state of the art construction materials. 4. Project Cost 4. The Land and the Building This project will cost about P 45,000,000. 00 which is roughly broken into the following: Cost of 2,000 meter lot – P 40,000,000. 00 Cost of 2 storey building – P 4,000,000. 00 Accessories and Equipments – P 1,000,000. 00 Total Cost – P 45,000,000. 00 The 45 million pesos worth of land is the biggest of the capital investment but it is worth it because unlike the other expenses, the land value will appreciate through the years. The contract with the Bataan Builders for the proposed two-storey building is P 4,000,000. This includes materials and labor. With the five-month paying scheme, Cindy will pay P 800,000 every month until the last month. The food center will need P 1,000,000 for the imported accessories like tables, chairs and other needs. 4. 2 Franchise The food center will pay the current P 1,000,000 Cindy franchise. 4. 3 Sources of Financing The proprietor will put in P 5,000,000. The remaining P 40,000,000 will be borrowed from the bank. 5. Business Operation 5. 1 Revenues With 50 thousand monthly net income target from about five thousand daily customers, the proposed branch projects the following net income by month and years: First month – P 1,500,000. 0 First year – P 18,000,000. 00 Second year – P 36,000,000. 00 Third year – P 54,000,000. 00 Fourth year – P 72,000,000. 00 After four years of operation, this venture will have gained P 11,000,000 as shown in the following computations: Net income in four years – P 72,000,000. 00 Minus the sum of investments – P 61,000,0 00. 00 Difference – P 11,000,000. 00 Loaned money from the bank – P 42,500,000. 00 Interest of loaned money – P 17,000,000. 00 Franchise – P 1,000,000. 00 Maintenance – P 500,000. 00 Total – P 61,000,000. 00 5. 2 Accessories and Equipments Being of high quality, the accessories will still be usable after four years. However, P 500,000 pesos is allotted for maintenance and replacements of damaged property. Summary The figures above prove how financially rewarding this business venture. Because food is a necessity, a venture like this guarantees 99% success. This is especially so if the location is the Plaza like Cindys Plaza. * The feasibility study is a result of the proposed Establishment Cindy’s Fast Food. Tags: Feasibility Study Category: Feasibility Study, Sample Feasibility Study | Comments Off