Chapter Vi Socio

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CHAPTERISUMMARYOFTHEPROJECT1.1NAME OF THE FIRMThe business will carry the name BUBBLE TEA HAVEN. It isthe shop that offers quality standard product. Theword bubbleteadefinitely connotes its natural meaning pertaining to afruit or milk tea that contains polyphones, which are naturallyoccurring compounds that act asantioxidants.1.2LOCATION OF THE FIRMBUBBLE TEA HAVENwill be strategically located at Guimba.This location is expected to be an effective location becausethere will be no competitors that offers the same product andservices which the establishment shall cater. The location isnear in market where manypeople visit, wander and purchase whichare exactly sixty-four (64)barangays.1.3VISIONOur vision is to help create the best tasting teas thatmarked as one of the shops highly reputable market that couldattract visitors within the region as well asfrom other places.1.4MISSIONOur mission is to help create a different milk tea drinkingexperience that would leave customers satisfied and lookingforward to more. Moreover, the business aims to go on extra milein giving its clients the ultimate revitalizing stay by offeringluscious milk or fruit tea beverages providing efficient andfriendly service a midst, a clean andcozy environment.1.5

SUMMARY OF THE FINDINGS1.5.1MANAGEMENTASPECTBUBBLE TEA HAVEN will obtain through required capitalthrough the contribution of the owners of the business. Thebest type of organization appropriate for the business ispartnership. Partnership is a type of business.1.5.2MARKETINGASPECTMarketing strategies like local fliers, tarpaulins, banners andpre-opening promos are appropriate for advertising the business in themarket.1.5.3TECHNICALASPECTThe proposed business will require a fullybuilt building with anarea of 40 square meters. Materials and other supplies will beobtained from the manufacturers which we have selected.1.5.4FINANCIALASPECTThe amount of the 450,000 is substantially enough to put up theproposed project of Bubble Tea Haven. Based on the projection asdepicted by the financial statements the proposed project is kindproductivity on profitableundertaking.1.5.5SOCIO-ECONOMICASPECTThe Bubble tea Haven isunder small business which creates impactto the society. First to the customers to fill their satisfaction,second is to the government for paying taxes and lastly to theproposed business because itgenerates employees.

4.2 DEMAND and SUPPLY ANALYSISSince the proposed business will be born at Guimbbas market theresearcher conducted a market survey, analysis and gatheredinformation.Based on the National Statistic office of Municipality of Guimba, theestimated populations of the said place from January 2011 to January2012 are109,308and also according to the Guimbas MarketOrganization94%of the total estimated population are going in theGuimbas Market for annually.Formula:Estimated Population X percentage =Prospective Customers Annually109,308 X 94% =102,750ProspectiveCustomersno ofpeoplesayingyesPercentagewilling tobuyEstimateddemand(Annually)102,75027740%1320As the result of the survey conducted, 278 respondents areaffirmatively saying yes indicating that theydrink varieties oftea. Whereas 40% has shown willingness to buy bubble tea from theproposed business4.2 DEMAND and SUPPLY ANALYSISSince the proposed business will be born at Guimbbas market theresearcher conducted a market survey, analysis and gatheredinformation.Based on the National Statistic office of Municipality of Guimba, theestimated populations of the said place from January 2011 to January2012 are109,308and also according to the Guimbas MarketOrganization94%of the total estimated population are going in theGuimbas Market for annually.Formula:Estimated Population X percentage =Prospective Customers Annually109,308 X 94% =102,750ProspectiveCustomersno ofpeoplesayingyesPercentagewilling tobuyEstimateddemand(Annually)102,75027740%1320As the result of the survey conducted, 278 respondents areaffirmatively saying yes indicating that theydrink varieties oftea. Whereas 40% has shown willingness to buy bubble tea from theproposed business4.3 GAP ANALYSISEstimateddemand(Annually)ProspectiveCustomersGAP1320102,750101,430Note: GAP AnalysisFormula: Estimated Demand AnnuallyEstimated Population = GAPThus, 1320102,750 = 101,4304.4 Annually CustomersGAPMarketShareAnnuallyCustomers101,43020%20,286Note:The researchers Assuming Market share in theproposedbusiness is 20%To get the monthly customers, simply multiply the GAP fromthe assuming market share.Bubble Tea Haven |Feasibility Study17CHAPTERVTECHNICALSTUDYTechnical aspect of the feasibility study explains the technicalanalysis including product production process, furniture and fixtures,machineries and equipment. Location including plant lay out, vicinity map,raw materials and utilities.

CHAPTERVIFINANCIALASPECT6.1. Assumptions underlying Projections1. Sales of products will increase by 10% per annum2. Purchases will increase by 10% per annum3. Salary will increase 10% per annum4. Depreciation of machines will be computed by usingstraight line method5. Electricity will increase by 10% per annum6. Water expense will increase by 10%per annum7. Communication expense incremental is 10% per annum8. No incremental on Rental Fee9. Miscellaneous expense will increase by 10% per annum CHAPTER VI SOCIO-ECONOMIC STUDYThe business named BUBBLE TEA HAVEN can be categories under a small business. Bubble Tea Haven create an impact to its target market and to the government by paying regular taxes, choice of the product on the part of the customers and generate employees from out of school youth and other resident of theprospective place of the business. The proposed business will be offering different delight of tea mixing, and this product will give a refreshing taste to the customers and the objectives of the business are strategically centered on 3criteria:to create strong consumer awareness towards a completely new bubble tea Heavento establish a wide brand recognition through the capture of market shares in the functional drinks segment, and;to become the topmarket leader.Even thought there a lot of business being built or some business using some innovation to their products and some are successful now a days, we may also overcome what they did by serving our market better foe our products through discipline and hard work.