UNIVERSITY OF THE EAST

BASIC EDUCATION - MANILA

SENIOR HIGH SCHOOL

ENTREPRENEURSHIP

THE SIRENTREPRENEURS
BUSINESS PLAN
A Portfolio Submitted to the Senior High School Department

In Partial Fulfillment of the Requirements for the

Entrepreneurship

By:

Isip, Ashly James

Japson, Justin Aaron
Lucas, Luis Marzen
Malapitan, Jasmine V.
Maniri, Mohammad Mohal R.
Manubay, Joseph Adrrian
Manliclic, Princess Dianne
Mateo, Anjelo
Montopar, Jobelle
Nacis, Danica
Pante, Ma. Edelyn
Pelaez, Daryl Angel
Pelin, Shenny
Pesigan, Patrick Glen
Rutaquio, Trisha Ann
Salvadico, Roselyn A.
Timkang, Sean Matthew
Verzosa, Karl Louie
Viado, Marc Stephen
Villarubia, Maria Coleen Jade

March 2020

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

TABLE OF CONTENTS

Chapter I: Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 6-7

Rationale and Background of the Company

Mission

Vision

Objectives

Chapter II: Project Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .8-9

Name of the Company

Business Location

Brief Description of the Company

Brief History of the Company

Highlights of every phase of the Business stage

Chapter III: Business Organization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10-16

Organizational Chart

General Manager

Assistant General Manager

Operation Department

Operation Head

Operation Supervisor

Operation Staff

Product Department

Production Head

Production Supervisor

Production Staff

Human Resource and Administration Department

Human Resource and Administration Head

Human Resource and Administration Supervisor

Human Resource Staff

Administration Staff

Sales and Marketing Department

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Sales and Marketing Head

Sales and Marketing Supervisor

Sales Staff

Marketing Staff

Finance and accounting Department

Finance and Accounting Staff

Finance and Accounting Supervisor

Finance Staff

Accounting Staff

Chapter IV: Marketing

Studies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .17-20

A. Market Profile

B. Demand Analysis

1. Projected Consumption First Year, then Five Years &

Ten Years Operation

2. Major Segment users of the product and their location

C. Supply Analysis

1. Source of Product Supply

a. foreign

b. local

2. Factor Analysis of the past and future supply chain

D. Competitive Analysi

1. Selling Price

2. Competitions

3. Distribution and cost of transportation

4. Channel of product distributions

5. General Competitive Practice

E. Program Analysis of Marketing Strategies

1. Geographic Segmentation Strategy

2. Psychographic Strategy

3. Demographic Segmentation Strategy

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

4. Pricing Strategy

5. Channel of distribution

6. Promotion and Advertising

Chapter V:
Production. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . .21-23

A. Product Specification

B. Product Process

C. Plant Related Capital

D. Machinery and Equipment

E, Plant Location

F. Building and Facilities

G. Raw Materials

H. Power Supply and Utilities

I. Production Cost

Chapter VI: Human Resources. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24-30

A. Advertisement of Job Vacancies

B. Application Requirement

C. Hiring Process

D. Salary and Wages

E. Benefits

F. Training and Development

G. Promotional Process

Chapter VII: Financial Studies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 31-34

A. Total Project Cost

B. Capital Investment Structure

C. Projected Break-even Analysis

D. Return on Investments

Chapter VIII:
Appendix. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . .34-45

A. Total Sales

B. Total Expenses

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

C. Payroll

D. SSS Contribution

E. Philhealth Contribution

F. Pag-Ibig Contribution

G. Licenses and Permits

1. DTI Certificate of Registration

2. Barangay Business Certificate

3. Mayor’s Permit

4. Business Plate

5. Sanitary Permit

6. BIR Certificate of Registration 2303

7. BIR Permit

8. Business Insurance Certificate

H. Pictures of different Department

1. Human Resource and Administration Department

2. Production Department

3. Sales and Marketing Department

4. Finance and Accounting Department

5. Operation Department

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

CHAPTER I

INTRODUCTION

Rationale and Background of the Company

The Sirentrepreneurs is an independent, start up venture that selected the sole
proprietorship as its formal legal entity. This structure was chosen because of its
operational simplicity. Although this structure exposes the owner to unlimited liability, risk
management and insurance protection will be established to offset this risk to be led by
the owner, Monica M. Malapitan. The company offers a mermaid design products of
Anklet, Handy Fan Ballpen, and metal straw with holder for reasonable price. The
business starts with the General Manager followed by the Assistant General Manager
with nineteen competent employees and divided into five different departments namely:
Production department, marketing and sales department, operations department,
accounting and finance department, and human resource and administration department.
Each department were given assigned tasks that are required for the business operation.

Having observation with the trend nowadays, the business able to establish a logical
plan to help optimise the chances of success. This document outlines the goals, plan,
and how to rationalised each decision. In order for a solution in this area to be successful
(effective, sustainable, scalable), it needs to be attractive to potential customers. In order
to be attractive to businesses, the solution must provide more values than it costs – there
has to be gain. Simply offering unnecessary materials will not provide a business a good
outcome.

For this reason, the business believes on producing alternative products to allow
consumers to present it as using almost environmental friendly. While this would be a
huge success from a sustainability point of view, this is still not enough from a business
perspective. The business also needs to provide something which will either drive sales,
reduce costs, or, ideally – both. Ways that the business can see of achieving this include:

Reducing the cost of buying and disposing of non-recyclable waste

Improving customers efficiency and satisfaction by purchasing the products offered,

and;

Improving customer’s experience, leading to higher retention rates and net promoter
score.

The Sirentrepreneurs believes that if it can achieve these things, it can turn sustainability
into a sustainable business.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Mission
Through commitment to people preferences and satisfaction, we lead the way
in providing value to our customers and other employees by producing creative
alternative solutions in a safe environment, and raising awareness towards
environmental issues.

Vision
The Sirentrepreneurs will adroitly, competitively and technologically inclined to
provide good quality and attractive mermaid inspired products at affordable prices for
teenagers and young adults, while growing from a small start-up business to a household
brand name.

Objectives
To launch a well-built business around the university campus.
To improve the skills of the employees while giving them a satisfactory job.
To build a long-term career in business industry with opportunities for career
growth.
To solve environmental problem in an effective/creative manner in a challenging
position.
To contribute for the sustainability of the environment, and;
To raise awareness towards environmental issues.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

CHAPTER II

PROJECT SUMMARY

Name of the Company

The company name “The Sirentrepreneurs” came up from the word Sirena which
means mermaid and entrepreneurs which means the people who provides the product or
services to the customers. The company chose the word “Sirena” because it is well-
known that the color of a mermaid’s tail is colorful and attractive. So as entrepreneurs,
the business wants to attract customers to buy the colorful products with a good quality
and attraction. In addition, the company logo is an image of a mermaid with an ombre
color, it means that the entrepreneur wants to attract the customers by putting a colorful
logo in line to the company’s name. The logo’s shape is circle, which symbolizes its
objective to build a long-term career in business industry and to provide continuous
satisfaction to the customers.

Business Location

Image 1. University of the East- Manila Map

As shown in image 1, the business is located at the University of the East- manila,
particularly at the ground floor of P.O Domingo Center for Information Technology
(POD-CIT). The location is represented by the color yellow legend that shown in the
image.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Brief Description of the Company

The Sirentrepreneurs is a sole proprietorship business as the legal entity. It aims to
provide good quality and attractive mermaid inspired products at affordable prices. In
line with the goals of the business, the start-up venture produces alternative products to
allow consumers to present it as using almost environmental friendly. These products are:
Metal straw and holder, Anklet, and mermaid clips which are made by the employee itself.
The business contributes for the sustainability of the environment, and to raise
awareness towards environmental issues.

Brief history of the Company

The Sirentrepreneurs is founded in 2020 and constitutes an on-going, independent,
private company of producing mermaid inspired products in the sectors of technology,
development, innovation, environment, and management. The company is run by the
owner, Jasmine V. Malapitan with twenty-one competent employees and divided into five
different departments namely: Production department, marketing and sales department,
operations department, accounting and finance department, and human resource and
administration department. Each department were given assigned tasks that are required
for the business operation. The company is operating at the P.O Domingo Center of
Institutes and Technology building in the University of the East-Manila. The
Sirentrepreneurs has the size, know-how, technology, human resources and
infrastructure to meet all the challenges providing total quality solution to the potential
customers. The company ensures the quality of the provided goods and services by
using a good quality system.

Highlights of every phase of the business stage

The new business venture wants to achieve productivity in the products by focusing to the main
objective; to be successful, to give satisfaction to the costumers or meet the expectation of them, and to
gain more loyal customers. The company wants to reach many people aside from the target customers,
and to produce a product that will recognize as a necessity for the consumers. In addition, the business
wants to attain an increase or improvement of sales. The main goal is to achieve growth for the business
and be an inspiration to other businesses. The business’ focused is not about the selling of the product or
to gain back what it produced, but its main reason is to let the customer experience the true meaning of the
product and experience the mermaid magic within the company.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

CHAPTER III

BUSINESS ORGANIZATION

Malapitan, Jasmine
General Manager

Pelaez,Daryl Angel
Asst. General
Manager

Pante, Ma. Montopar, Jobelle Salvadico,Roselyn Pelin, Shenny

Timkang, Sean
Edelyn Human Resource & Sales & Marketing Finance &
Matthew
Production Head Administration Head Head Accounting Head
Operation Head

Mateo, Anjelo Nacis, Danica Rutaquio, Trisha

Japson, Justin Ramos, Justin Mei
Operation Human Resource & Finance & Accounting
Production Sales & Marketing
Supervisor Administration Supervisor Supervisor
Supervisor
Supervisor

Manliclic, Manubay, Villarubia, Pesigan, Viado, Marc

Maniri, Lucas, Luis Princess Joseph Verzosa, Karl
Isip, Ashly Maria Coleen Patrick Stephen
Mohammad Marzen Human Administration Louie Jade Accounting Finance Staff
Operation Operation James Resource Staff Staff Sales Staff Marketing Staff Staff
Staff Staff Production Staff

Image 2. Organizational Chart

As shown in image 2, the organizational chart starts with the General Manager
followed by the Assistant General Manager and with nineteen competent employees.
The employees are divided into five different departments with the department head,
department supervisor, and department staff; namely: Production department, marketing
and sales department, operations department, accounting and finance department, and
human resource and administration department. Below are the roles and responsibilities
of the officers as what shown in image 2.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

General Manager
Duties for the General manager will include allocating budget resources, formulating
policies, coordinating business operations, monitoring and motivating staff, managing
operational costs, ensuring good customer service, improving administration processes,
engaging with vendors, hiring and training employees, identifying business opportunities,
and monitoring financial activities. The entrepreneurial spirit and vision in directing
business functions will assist the organization in maintaining relationships with clients,
generating new business, increasing staff productivity, improving service, ensuring
sustainability, and meeting business objectives.

Assistant General Manager

It will be the job of the assistant general manager to aid the general manager in
coordinating, directing and planning everyday business operations. She will help create
weekly schedules, ensure shifts go smoothly, manage daily operations and help with
human resources as necessary. It’s an AGM’s job to make sure an organization is
running as well as it possibly can, with a smooth efficient service that meets the
expectations and needs of customers and clients. It also involves in managing both raw
materials and personnel. Oversight of inventory, purchasing and supplies is also central
to the job.

Operation Department
Operation department is responsible for making sure that customer orders are
filled on schedule. This responsibility covers managing production rhythms and also
syncing manufacturing timelines with availability and delivery of materials needed for
production. It also cover the planning and making strategy about your product and
business.

Operation Head
Operation head is the key person in the management team and in the company.
He or she analyze and improve the organizational processes, and focusing to
improvements of the productivity, quality, and efficiency. The task of the operation head
is very important because he or she will plan what will happen to the business and
involves in making policies and strategic decisions as well as the improvement of
operational procedures. He or she also will assist the human resources department head.
Lastly he or she will encounter also how to solve some problems and to address
opportunities of the company.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Operation Supervisor
The Operation supervisor is a type of employee who observe the company’s
operation in a particular area. The duty of a supervisor is important in every different type
of career such as business, service, manufacturing and others. The duties of an
operation supervisor includes reports, budget planning, inventory control and planning
for the market strategy to sell the product to the customers and also planned the design
of the booth to make it look appealing to attract consumers. Also it must be sure that the
staff is knowledgeable and qualified about the task given.

Operations Staff
The operations staff may have duties including resolving customer issues, filling
orders, and inspecting merchandise. Operations assistants in many industries may also
help with office and employee management. They may be assigned tasks such as
ordering supplies and preparing sales reports.

Production Department
The production department is responsible for converting raw materials and other
inputs into finished goods or services. In between the processes of production, the
department works to improve the efficiency of the production or assembly line so that it
can meet the output targets set by company management and ensures finished
products offer consumers the best value and quality.

Production Head
Production is the functional area responsible for turning inputs into finished outputs
through a series of production processes. The Production Head is responsible for making
sure that raw materials are provided and made into finished goods effectively.

Production Supervisor
Maintains work flow by monitoring steps of the process; setting processing
variables; observing control points and equipment; monitoring personnel and
resources; studying methods; implementing cost reductions; developing reporting
procedures and systems; facilitating corrections to malfunctions within process
control points; initiating and fostering a spirit of cooperation within and between
departments.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Production Staff
Production staff is tasked to do anything related to the product for example,
assembly or manufacture of parts and items, testing completed items, moving materials
and hardware to different zones or even cleaning the production zone. Being a
production staff needs to assemble domain and play out an assortment of obligations to
guarantee creation objectives are met for an association. Doing stuff such checking the
inventory are one of the job of production. Moreover production staff are described to
perform all production related tasks and activities.

Human Resource and Administration Department

Human Resource and Administration handles many necessary functions of the
business .It is instrumental in keeping records, checking the attendance of the
employees in different Department .And also in monitoring the Performance of all the
employees. The HR head is Will be the one to update and maintain the employee records,
to manage also various HR documents and to act as the first port of call to employees
and external partners for all HR related queries.

Human Resource and Administration Head

Human resource managers are responsible for ensuring that the
overall administration, coordination, and evaluation of human resources plans and
programs are realized. Therefore, their essential job responsibilities include: Planning,
organizing, and controlling the activities and actions of the HR department.

Human Resource and Administration Supervisor

The Human Resources Management Supervisor’s duties include are accurately
recording hours of work, managing pay roll and employee relations. He or she should be
able to juggle many responsibilities while maintaining a positive attitude. In addition, the
role is setting the strategic course for the department to improve company performance.
HR Supervisor can take place the position of Head HR if he/she can’t be able to come to
work.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Human Resource Staff

Human resources specialists are responsible for recruiting, screening, interviewing
and placing workers. They may also handle employee relations, payroll, benefits, and
training. Human resources managers plan, direct and coordinate the administrative
functions of an organization.

Administration Staff
Maintain electronic and physical files. Maintain weekly schedules of employees.
Organize and provide documents, reports and information. Coordinate work space,
computer, and supplies for new employees with IT department.

Sales and Marketing Department

A sales department is the direct link between a company’s product or service and its
consumers. However, a well-trained sales department does more than generating sales.
The sales staffs are responsible to build relationships with the customers. Sales
department promotes the growth of the business as well as customer retention. A quality
salesperson builds an ongoing, long-term relationship with the customers.

Marketing department endorses the business and drives sales of its products or
services. It provides the essential research to identify the target customers and other

audiences. It’s important to keep a strong marketing department intact regardless of the
economy to remain visible and keep sales strong.

Sales and Marketing Head

The Sales and Marketing Manager's responsibilities include generating unique sales
plans, creating engaging advertisements, emails, and promotional literature, developing
pricing strategies, and meeting marketing and sales human resource objectives. The
Sales and Marketing Manager represents the company's brand and drives strategies to
increase product awareness by observing the market, competitors, and industry trends.

Sales and Marketing Supervisor

The role of a marketing supervisor involves coordinating all internal and external
marketing and promotional efforts including merchandising, community relations, public
relations, information, events, and demos. A marketing supervisor also leads the
marketing team in some companies and prepares the marketing budget.

The sales supervisors manage the retail sales staff and coordinate several sales
activities, including pricing and the display of products, with a view to realizing the set
sales targets.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Sales Staff
As the public face of the company the Sales Associate is responsible for dealing with
any and all customer questions about the products and services the company offers. A
Sales Associate is expected to be continuously updating their knowledge of the company
products, services, and policies.

Marketing Staff
A marketing assistant might research competing brands and present those
findings to firm higher-ups. The assistant may also prepare and send out mailings, such
as press packages that share information about the brand or product the company is
currently marketing. These professionals also assist various departments in the firm on
whatever projects they need help with. A marketing assistant should get a chance to
learn about a lot of different aspects of the company through this role.

Finance and Accounting Department

Finance and Accounting Department is responsible for recording and reporting
transactions such as financial controls, account receivables, accounts payables,

payrolls and many more. It manages the overall cash flows, both in and out, of a
company. Also, it provides accounting services. This department manages the finances
of a company and is responsible for acquiring funds for the firm, managing the funds
within the organization and planning for the expenditures of funds on various assets.
Overall, the finance and accounting department deals with the money that the
organization is spending and acquiring.

Finance and Accounting Head

Finance and accounting department head is responsible for monitoring and
analyzing the accounting data and producing financial reports or statements. It is
responsible for its subordinates and the one who is accountable for the possible mistakes
in the financial reports or statement. In related to that, the department head should
double check all of the financial data in order to avoid fraud and mistakes. It should be
establishing and enforcing proper accounting methods, policies and principles. Overall,
the finance and accounting department head should meet financial accounting objectives,
assign projects and direct staff to ensure compliance and accuracy, improve systems
and procedures and initiate corrective actions.

Finance and Accounting Supervisor

The role of an Accounting and Finance Supervisor is to supervise the accounting
staff in analyzing the financial operation of the firm. He or she also helps her co-workers
in preparing the Cash Flow, Balance Sheet and Income Statement of the company. He or
she also involves in providing the financial information of the company. As a part of this
department, the supervisor should be also responsible for billings, collections, and
maintaining financial control. Lastly, he or she assists the department head for recording
every transactions of a business.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Accounting Staff
Staff Accountants work in the accounting department of a company or
in accounting firms and perform a variety of duties such as maintaining the general
ledger, reviewing financial statements, preparing financial reports, assisting with audits
and budgeting processes, and reconciling accounts.

Finance Staff
The finance staffs are responsible for accounting for various forms of revenue and
expenses for a company. Accounting functions include check processing, accounts
payable and receivable management, bank confirmations and payroll.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

CHAPTER IV

MARKETING STUDIES

A. Market Profile

The chart below shows the market profile of the venture and how the product
of the business increased its profitability.

Market Profile

2
3
4.4 2.8

1.8
2 4.5
3.5
2.4 2.5

0 0
Metal Straw Hair Clip Bracelet Anklet Palitaw

Series 1 Series 2 Series 3

B. Demand Analysis

1. Projected Consumption, First Year, then Five Years & Ten Years Operation.

Day 7
Bracelet
Day 6

Day 5

Day 4
Hair Clip
Day 3

Day 2

Day 1
Metal Straw

0 10 20 30 40 50 60 70 80

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

2. Major Segmentation users of the product and their location.

Geographics Demographics Psyhchographics Behavioral

Purchase: Most of the
Country: Philippines Age: 8 years old and Lifestyle: Active item they purchase
above lifestyle that deals that deals with their
City: Manila with their school interest are hair clips
Gender: Male & Female levels or profession. and metal straws.
Language: Filipino &
English Social Status: Interests: Products Usage: They use our
Students and member that are reuseable products more often
Area: University of the of the faculty who are that is pleasing in the since it’s reuseable.
East, Manila, studing and working in eye (colorful,
POD-CIT Building University of the attractive, etc.) Buyer Stage: Most of
East-Manila the buyers tend to be
our loyal customers
Education: All Levels wherein they buy
many times and
recommend also our
products to other
people.

C. Supply Analysis

Retail store

Manufacturing Customer

1. Source of Product Supply

a. Foreign- The Sirentrepreneurs’ metal straw are made with relatively simple
manufacturing process. It’s originate from stainless steel tubing of different
diameters and are cut to length. Metal straws are from the country of Singapore
where they protect and promote towards environmental issues.

b. Local- The raw materials used in bracelet and anklet are from the local market
and made by the employees of the company.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

2. Factor Analysis of the Past and Future Supply Chain

The real measure of supply chain success is how well activities are
coordinated across the supply chain to create value for consumers while also
increasing the profitability of every link in the supply chain. The good outcome of
the business pertains to the past factors including the employee’s hard work and
organization during tasks, also the employee’s observation on conducting a
product is a big impact. In summary, the trend of the chosen products will
continue, even thougj supply chain partners must provide quality, consistency,
and continuity, there is an increasing need for the workers to have backup
suppliers. To remain competitive, smaller producers and commodity groups need
to look at becoming part of a larger supply system.

D. Competitive Analysis

1. Selling Price- The Sirentrepreneurs offers an affordable price to the customers

and the table below are the price list of the Sirentrepreneurs company.

Metal straw with different colors 120 pesos per one set
Metal straw with silver color 100 pesos per one set
Hair clips 30-35 pesos per pack
Bracelet 30-40 pesos each
Anklet 30-40 pesos each

2. Competitions- The advantage of the Sirentrepreneurs company is that the

products they’re offer are environmentally friendly and simple but classy.

3. Distribution and Cost of transportation- In distribution of the products, the

employees ensure that they’re giving the good quality and right quantity of product to the
customers. The employee and the customer set their place where they can do the
transaction.

4. Channel of Product Distributions- The employees are the middleman of the

company because they buy the metal straw to the wholesaler store and the
Sirentrepreneurs are the one who will retail it to the customer. And for the bracelet and
anklet, the production department are the assigned people who will make the products
and the retail store/booth are the middleman for the customers.

5. General Competitive Practice- The Company provides good quality products to

positioned in the market. Having a competitive edge with the competitors, the venture is
producing what the consumer’s preferences and just like the other competitors. Also, the
business has different social media accounts as shown being technologically inclined in
terms of having a transaction.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

E. Program Analysis of Marketing Strategies

1. Geographic Segmentation Strategy- The University of the East-Manila,

POD-CIT building is the main place for the business students and to persuade customers
we make our booth as attractive as we want to gain customers.

2. Psychographic Segmentation Strategy- The Sirentrepreneurs use the

environmental issues and the trend of being simple and classy as the same time. So, the
Sirentrepreneurs came up with the products of metal straw, hair clip, bracelet and anklet.

3. Demographic Segmentation Strategy- The Sirentrepreneurs valued the people

who are going to be the potential customers and we know that large number of population
of the university are the students and the next are the workers or the faculties.

4. Pricing Strategy- As a start-up business, the Sirentrepreners decided that the

prices that we will set are affordable for the students and faculties to make sure that they
can avail the product easily. The Sirentrepreneurs also used the leader pricing to gain
loyal customers and make them buy again. We computed also the expenses of the
company before we come up with our prices.

5. Channel of Distribution- The Sirentrepreneurs use the Indirect Channel

Distribution because the booth/store of the company acts as a middleman to provide
products to the customers.

6. Promotion and Advertising- We, the employees of the Sirentrepreneurs used

different strategies to promote our products. First, we used the social media as a platform
to make our company to be known by other people that our company are existing in the
market. The other one is the personal selling which we used in our booth by persuading
the customers to buy our products.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

CHAPTER V

PRODUCTION

A. Product Specification

PALITAW is known to be one of the snacks or kakanin here in the Philippines. It is

basically sticky rice topped with sugar. Yet we are not satisfied with basic so our palitaw
will satisfied your cravings because it is now with condensed milk

ACCESSORIES boost one's confidence especially to their fashion. Our own made
anklet, bracelet and hairclip with mermaid theme will give you good quality product in an
affordable price.

Plastic wastage is one of the biggest problems of the society so we are offering you
METAL STRAW sip while saving the environment. Our metal straw comes in set of silver
metal straw or mermaid metal straw with canvas or velvet holder .

B. Product Process

PALITAW

Step 1: Combine glutinous rice flour with water and mix until a dough is formed.

Steop 2: Scoop about 2 tablespoons of dough then mold it into a ball-shaped figure.

Step 3: Flatten the ball-shaped dough using the palm of your hands.

Step 4: Boil water in a cooking pot then put-in the flattened dough.

Step 5: When the flattened dough starts to float, remove them from the pot and set it
aside allowing water to drip.

Step 6: Arrange in a serving plate then put condensed milk, sesame seed and grated
coconut.

ACCESSORIES

• ANKLETS & BRACELETS

Step 1: Think of a design or pattern to follow

Step 2: Put the beads into the string and form the design/pattern

Step 3: fill up the string until it meets the right size of the wrist or ankle

Step 4: tie the string to secure

Step 5: Put into the plastic bag

• HAIR CLIPS

Step 1: Glue gun the pearl beads into the plain hair clip

Step 2: let it dry

Step 3: put into the plastic bag

• METAL STRAW

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Step 1: Buy the metal Straw

Step 2: put into the plastic bag

C. Plant Related Capital

The employees are providing 200pcs of Palitaw every other day since it is only
available in an alternate ways of selling.

The business is producing 3pcs of each accessory a day for display or on the go
buyer. Also, the employees are accepting pre order for the preferred designs of the
buyers. The product will last for 3-4 days before giving to the buyers.

The metal straw is mostly pre order. But as part of the inventory, the company is
producing 10 different designs of metal straw for the physical production that needed for
the store.

D. Machinery and Equipments

In producing the products, the employees are the assigned persons in doing the
bracelets and anklets using their own bare hands. The materials that have been used for
bracelets and anklets are beads and nylon only. In the other hand, the metal straw and
the mermaid clips are from a distribution business which is partnered by the venture. The
making of the sub- product, Palitaw, does not comply any used of machinery, it consist of
sesame seed, Condensed milk and grated coconuts.

E. Plant Location

The business is located at the University of the East- manila, particularly at the
ground floor of P.O Domingo Center for Information Technology (POD-CIT).

F. Building and Facilities

The Sirentrepreneurs are favorable and also has a high visibility location because it is
located at University of the East PODCIT Building. It is strategically located where all of
UE manila students are always heading, when it's break time and dismissal of classes.

G. Raw Materials

• BRACELETS AND ANKLETS

Different Coloured Beads:
Beads with contrast colours are generally preferred for making of the jewelry.
Small Beads:
It is generally preferred for spiral beading, hooks placing in the jewelry.
Nylon:
The common nylon is plastic and stretchable and easy to knot it.
Needle:
Large size, Medium size needles are generally preferred for passing the beads.

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Scissor:
It is used to cut the extra threads.

H. Power Supply and Utilities

Power Electricity/Gas and other
For billing facilities, the employees are always using the gas for making palitaw as
well as the consumption of electricity, the cost of gas will range to 500-700 pesos.

I. Production cost

2/13- 1,350 php worth of clips- 12.5 php each = 60 pcs.; 15 each = 40 pcs. (Before
Entrep.) but included on the 1st day of selling.
2/14- 660 php worth of metal straws- 40 php each = 6 pcs. (Silver “); 70 php each = 6 pcs.
(Mermaid “)
2/17- no expense
2/18- 1,500 php worth of metal straws and clips- 1,380 php worth of metal straws- 60 php
each = 23 pcs.; 120 php worth of clips- 12.5 php each = 6 pcs.; 15 php each = 3 pcs.
2/19- none
2/20- 1,120 php worth of metal straws- 40 php each = 10 pcs. (Silver “); 60 php each = 12
pcs. (Mermaid “)
2/21- none

Additional:
(Nylon Garter) 150 php + (Beads) 480 php = 630 php/ 30 pcs. Bracelet = 21 php
(Cost of Bracelet per Piece)

Total of the Processed Products:

• Metal Straw : 72 Mermaid Metal Straw, 24 Silver Metal Straw
Excess: 26 Mermaid Metal Straw, 13 Silver Metal Straws

• Clip: 66 pcs. (30 php) Clips, 43 (35 php) Clips

Excess: 3 pcs. (30 php) Clips, 8 (35 php) Clips

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

CHAPTER VI

HUMAN RESOURCES

A. Advertisement of Job Vacancies

When recruiting, the job advert is the first chance to attract talented individuals
for the roles. This is also the first impression that candidates will get of the business.
Arguably, the most important part of writing an advert is getting the job title right. Below
the job title is common practice to include the salary and the location. Next is the
introduction of the business and the role of advertising it. After introducing the position, it
is a good idea to set out goals or the objectives. Lastly, the business needs to outline the
key requirements depending of the role they are applying for.

B. Application Requirement
Below are the different requirements needed for an employment, In accordance
to the labor code of the Philippines.

1. Birth Certificate – You may obtain a copy of this from the National Statistic’s Office
or more commonly known as NSO.

2. Transcript of Records – You can request this from the secondary school, college,
or university where you graduated from. This shows your academic performance when
you were still schooling.

3. SSS ID – You may obtain this from the 3. SSS ID – You may obtain this from the
Social Security System or more commonly called SSS, a social insurance program ran
by the government.

4. NBI Clearance – This document shows that the applicant is free from charges.
You can get it at the National Bureau of Investigation (NBI).

5. Police Clearance – This clearance from the Philippine National Police (PNP)
proves that the applicant has no complaint or record in the police department.

6. TIN ID / Form – This document which can be obtained from the Bureau of Internal
Revenue shows that the applicant is a taxpayer. It also proves certain personal
information.

7. PhilHealth – Membership to PhilHealth is requested in some employment

agencies or companies. It is a government health program that aids its members in terms
of hospital confinements.

8. Resume – This document shows a summary of an account of the applicant

including his or her education, previous experiences, and qualifications for the job. To be
submitted a day or two after signing the Job Offer: •Diploma / Transcript of Records
•Certificate of Employment (from your last two (2) employers) To be submitted before
start date: •5 pcs. 2x2 •Photocopy of valid IDs with 3 specimen signatures •Stamped BIR
Form 1905 •BIR Form 2316 (current year) •Notarized Declaration of Earnings and
Deductions (alternative for BIR Form 2316 if with employer for the current year but 2316
is not yet available) •Notarized Affidavit of No Employer / No Earnings for 2017
(alternative for BIR Form 2316, if with no employer for the current year) •NSO Birth

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Certificate •NBI Clearance •SSS E-1 / SSS E-4 / Employee Static Print-out / SSS Number
Slip •BIR Form 1902 with This form is used if you do not have a TIN prior to employment
with CBE Companies PH, Inc. Documentary Requirements •NSO Birth Certificate of the
applicant; OR Passport OR any government issued ID birthday, address, gender, marital
status •Marriage contract, if APPLICABLE •NSO Certified Birth Certificates of declared
dependents, if APPLICABLE •For married females employee – Waiver of husband on his
right to claim additional exemptions, if wife will claim exemption of qualified dependent
child/ren Complete the form in two (2) copies. Attach the requirements in each form and a
photocopy of two (2) valid IDs with 3 specimen signatures. Submit to HR before your start
date.

C. Hiring process

1. Resume - includes the job seeker's contact information, work experience,

education, and relevant skills in support of a job application.

2. Interview - essentially a structured conversation where one participant asks

questions, and the other provides answers.

D.SALARY AND WAGES

Computing Pay for Work Done on

A Regular Day (basic daily rate = monthly rate x number of months in a year (12)
/ total working days in a year)

A Special Day (130% x basic daily rate)

A Special Day, which is also a scheduled Rest Day (150% x basic daily rate)

A Regular Holiday (200% x basic daily rate)

A Regular Holiday, which is also a scheduled Rest Day (260% x basic daily rate)

Computing Overtime

On Ordinary Days

Number of hours in excess of 8 hours (125% x hourly rate)

On a Rest Day, Special Day, or Regular Day

Number of hours in excess of 8 hours (130% x hourly rate)

On a Night Shift

Ordinary Day (110% x basic hourly rate)

Rest Day, Special Day or Regular Holiday (110% x overtime hourly rate)

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

E. BENEFITS

Employment Conditions and benefits

Normal working hours shall not exceed eight (8) hours a day

Payment of overtime work shall consist of an addition of at least 25% of the regular
wage per hour worked or 30% thereof during holidays or rest days

Minimum wage rates for Agricultural and Non-Agricultural lines of work vary in every
region and should be properly observed

Minimum age of employment is 18 years old but those aged 15 to 18 can be

employed given that they work in non-hazardous environments

In the event of a bankruptcy or liquidation, workers shall be paid their full salary
before other creditors may establish any claim to a share in the employer’s assets

Mandatory Benefits and Contributions

Companies are mandated by the Labor Code to give their regular employees a
thirteenth month pay equivalent to one (1) month of their annual salary

Service incentive leave of at least 5 days with pay for every year of service

Employees have a right to a weekly rest period of not less than 24 consecutive
hours after every 6 consecutive normal work days

Withholding a portion of an employee’s monthly salary to remit as contributions to

government agencies is a requisite for employers, these agencies are as follows:

Social Security System (SSS)

Home Development Mutual Fund (HDMF)

Philhealth

Provision of holiday pay

Paternity and maternity leave benefits

Conditions of employment by bureau of labor and employment

Art. 83. Normal hours of work. The normal hours of work of any employee shall not
exceed eight (8) hours a day.

Art. 84. Hours worked. Hours worked shall include (a) all time during which an
employee is required to be on duty or to be at a prescribed workplace; and (b) all time
during which an employee is suffered or permitted to work.

Art. 85. Meal periods. Subject to such regulations as the Secretary of Labor may
prescribe, it shall be the duty of every employer to give his employees not less than sixty
(60) minutes time-off for their regular meals.

Art. 87. Overtime work. Work may be performed beyond eight (8) hours a day
provided that the employee is paid for the overtime work, an additional compensation

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

equivalent to his regular wage plus at least twenty-five percent (25%) thereof. Work
performed beyond eight hours on a holiday or rest day shall be paid an additional
compensation equivalent to the rate of the first eight hours on a holiday or rest day plus at
least thirty percent (30%) thereof.

Art. 90. Computation of additional compensation. For purposes of computing

overtime and other additional remuneration as required by this Chapter, the “regular
wage” of an employee shall include the cash wage only, without deduction on account of
facilities provided by the employer.

Art. 91. Right to weekly rest day.

Art. 94. Right to holiday pay

Art. 95. Right to service incentive leave.

F. Training and Development

The images below show the systematic process of improving the performance of
the individuals and groups of employees in the organizational setting. Training process is
an important activity both for the organization as well as for the employees. The
enhancement of the skills also provides the employees job security as well as
opportunities for career advancement.

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

G. Promotional Process
1. Problem definition

Product

The business is selling good quality products and attractive mermaid

inspired products like mermaid straw, mermaid anklets and bracelets, and
mermaid clips.

Target audience

The target market will be students and millennial who wants to try the
fancy mermaid theme products and taste the creamy palitaw, which is the
venture’s sub-product. The business is located at University of the East POD
CIT Building. The proponents believe a locally-owned business is the best
option to serve the rapidly growing population with fresh, unique products.

Marketing strategies

Through flyers, tarpaulins that will be placed in front of the booth with the
size of 3” x 4 ft. and social media accounts such as Facebook, Instagram
and Twitter, The Sirentrepreneurs attracts the customer’s attention,
communicate directly with them and give them enough information about
the product to foster enough interest to motivate them to purchase. It

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

enables The Sirentrepreneurs to develop and build up a succession of

messages and be extremely cost-effective. The beauty of social

media marketing is that it can be used to improve both public relations as well as
content marketing simply by asking for a response. The proponents will, moreover,
be able to know their feedbacks regarding the product.

Analytical tool

The company utilized the excel for the payroll report and other information from the
company that is all about Human Resources.

2. Objectives

●To launch a well-built business around the university campus.

●To improve the skills of the employees while giving them a satisfactory job.

●To build a long-term career in business industry with opportunities for career
growth.

●To solve environmental problem in an effective/creative manner in a challenging

position.

●To contribute for the sustainability of the environment, and;

●To raise awareness towards environmental issues.

3. Promotional mix

The promotional mix that has been used for the company is to advertise the product
through the design of the booth enable to attract many customers because of the
attractive theme of the mermaid color. In advertising the product, the company utilized
the used of different social media platforms to spread the attractiveness of the product
and reach many people because social media is one important instrument to
communicate to others. It also uses the technique of personal selling. In compliance of
the selling activity, the manager of the business assigned different employees for the
everyday selling activity to advertise and promote the product to different target market.

4. Planning promotional program

The promotional tool used is very important in conveying the message and product to
the customer. The business decided to put the promotional tool for the booth and in the
different social media platforms in the start of the selling period until the end of the selling
period. Because this promotional tool is the way to attract many customers so we want to
keep it until the end of the selling period.

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

5. Pre testing

The pre testing period is experience by our co employees and classmates to ensure
that our product is very affordable and have a good quality. We test it to our co
employees because we want their feedback about our product if it is suitable for many
customers. The opinion of the co employees is very important because they are part of
the company, we must considered their views to our products because it will reflect to our
business.

6. Implementation

Selling is a form of art of matching product benefits with customer needs and wants.
We sell our products using our own marketing strategies, first we must know our product
analyze it and create strategy if our product have weakness, second, choose your target
market verify it if the product is for teenagers, adults or kids, third find your location, we
need to find a good location where our product will stand out among competitors, fourth
create a promotion strategy and advertisement to get the loyalty of customers also stay
making unique products, we sell our products by following these steps we finish the
selling week perfectly and we do it in a professional way by approaching our customers
with a clean and pleasant appearance and a big smile.

7. Monitoring and Evaluation

The objective is to launch a well-built business around the university campus where
people meet to look, share and make experiences. As a business owner, we want you to
feel the mermaid magic and give you the opportunity to show appreciation for our
mermaid theme products and to create stories and memories from it. We have
accumulated a revenue in excess of 5000 of which has been earned only during the first
period of selling from February 13, 2020. And the most famous product of our company is
mermaid clip that become sold out on our opening day also the creamy delicious Palitaw.

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

CHAPTER VII

FINANCIAL STUDIES

A. Total Project Cost

The company’s aggregated capital is 10, 450 pesos which was deducted by 78.61%
due to the costs and expenses incurred by the company for the establishment of the
business.

The table below shows all of the costs and expenses made by the company before the
selling period:

Cost Item Amount

P 1,400
Metal Straw

Bamboo 120

Metal Straw 970

Glitters 100

Nylon Garter 150

Beads, Container (Plastic) 480

Balloons 150

Metal Straw 120

1,370
Palitaw (Before Entrep.)

Rubber, Pantahi, Sinulid, Zipper 310

Folder, Glue, Abaka 135

Spoons and Food Container 60

Palitaw 1,500

Clips 1,350

TOTAL: P 8,215

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

B. Capital Investment Structure

The company conducted a contribution to be able to produce the initial capital of

the business through acquiring a certain amount of money from the members per
day. There are 21 members overall who contributed 10 pesos every weekdays for 7
weeks. The investment in capital started on the second week of November 2019 and
finished on the last week of January 2020. By the end of the contribution period, the
company accumulated the initial capital with a total of 7,350 pesos.

Week November 2019 January 2020

1st - P 1,050

2nd P 1,050 1,050

3rd 1,050 1,050

4th 1,050 1,050

Total P 3,150 P 4,200

Initial Capital: P 7,350

After the actualization of the initial capital, the production department began to
produce the sub-product of the company which is the “palitaw” and barter them in the
market for an entire weekto be able to accrue the initial capital. This was done a week
before the selling period.

Day Expense Quantity Income

1st P 274 31 pcs. P 620

2nd 274 31 pcs. 620

3rd 274 31 pcs. 620

4th 274 31 pcs. 620

5th 274 31 pcs. 620

Additional Capital: P 3,100

By the end of the pre-selling period, the company accumulated an additional capital
of 3,100 pesos which was accrued to the initial capital (7,350 pesos). The capital
mounted up to 10,450 pesos but gradually descend due to the expenses prior to the
selling period. The capital was reduced by 78.61% with a totality of 8,215 pesos.

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

C. Projected Break-even Analysis

For the Period: 2019-2020

Selling Price: Php 55.00

Fixed Costs

Payroll Php 347,429.83

Total Fixed Costs (TFC) Php 347,429.83

Variable Costs

Cost of Goods Sold Php 4.92 per unit

Supplies Expense Php 1.54 per unit

Sum Php 6.46

Total Variable Cost per Unit (V) Php 6.46

Contribution Margin per Unit (CM)= P - V Php 48.54

Contribution Margin Ratio per Unit (CMR)= (P – V) / P 88.25%

Break-Even Point

Break-Even Units (X) X = TFC / (P – V) 7157.60 units

Break-Even Sales (S) S = X – P = TFC/CMR Php 393688.19

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Break Even Chart

Number Revenue Fixed Cost Variable Total Total Profit

of Units Costs Costs
0 0 347429.8 0 347429.8 -347430

7157.6 393668 347429.8 347429.9 694859.7 -301192

14315.2 787336 347429.8 694859.8 1042290 -254954

21472.8 1181004 347429.8 1042290 1389720 -208716

28630.4 1574672 347429.8 1389720 1737149 -162477

35788 1968340 347429.8 1737150 2084579 -116239

42945.6 2362008 347429.8 2084579 2432009 -70001.3

50103.2 2755676 347429.8 2432009 2779439 -23763.2

57260.8 3149344 347429.8 2779439 3126869 22474.94

64418.4 3543012 347429.8 3126869 3474299 68713.03

71576 3936680 347429.8 3474299 3821729 114951.1

D. Return on Investments

Date Sales per Day

13-Feb P 2,885.00 Initial Capital P 7,350
14-Feb 2,720.00
17-Feb 3,030.00 Additional Capital 3,100
18-Feb 1,300.00
19-Feb 2,245.00 TOTAL CAPITAL P 10,450
20-Feb 760.00
21-Feb 3,675.00

TOTAL
16,615.00
SALES

The total sales are 16,615 pesos which is the total amount of all of the sales
revenue made during the selling period. The overall capital is 10,450 pesos which sums
up the members’ contributions of money amounting to 7,350 pesos and 3,100 pesos for
additional capital in selling the company’s sub-product which is the “Palitaw”. By dividing
the total sales to the capital, the venture got 63% for the return on investment.

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

CHAPTER VIII

APPENDIX

A. Total Sales

The total sales of the venture is 16,615 pesos which is the total amount of all of the
sales revenue made during the selling period.

B. Total Expenses

Amounting of P 8,215 is the costs and expenses made by the company before the
selling period.

C. Payroll

Below is the payroll report of the company:

Year Script (ABMG12-7P)

Payroll Sheet

employee position monthly late/absences OT gross sss pag-ibig philhealth total taxable withholding NWR
rate pay cont cont cont deduction income tax pnyx
Isip production 11, 130 0 0 11,130 440 100 151.25 691.25 10,438.75 0 10,438.
staff 75
Japson production 19, 950 0 0 19,950 800 100 261.25 1,161.25 18,788.75 0 18,788.
supervisor 75
Lucas Operation 11,130 0 0 11,130 440 100 151.25 691.25 10,438.75 0 10,438.
staff 75
Malapitan General 52, 500 0 0 52,500 800 100 481.25 1,381.25 10,438.75 6,946.44 44,172.
Manager 31
Maniri Operation 11,130 0 0 11,130 440 100 151.25 691.25 10,438.75 0 10,438.
Staff 75
Manubay Administration 11,130 0 0 11,130 440 100 151.25 691.25 10,438.75 0 10,438.
Staff 75
Manliclic Human 11,130 0 0 11,130 800 100 151.25 691.25 10,438.75 0 10,438.
Resource 75
Staff
Mateo Operation 19, 950 0 0 19,950 800 100 261.25 1,161.25 18,788.75 0 18,788.
Supervisor 75
Montopar Human 23, 100 0 0 23,100 800 100 316.25 1,216.25 21,883.75 0 21,673.
Resource and 60
Administration
Manager
Nacis Human 19,950 0 0 19,950 800 100 261.25 1,161.25 18,788.75 0 18,788.
Resource and 75
Administration
Supervisor
Pante Production 23,100 0 0 23,100 800 100 316.25 1,216.25 21,883.75 210.15 21,673.
Manager 60
Pelaez Assistant 31,500 0 0 31,500 800 100 426.25 1,326.25 30,173.75 1,868.15 28,305.
General 60
Manager
Pelin Finance and 23,100 0 0 23,100 800 100 316.25 1,216.25 21,883.75 210.15 21,673.
Accounting 60
Manager

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

Pesigan Accounting 11,130 0 0 11,130 440 100 151.25 691.25 10,438.75 0 10,438.
Stafff 75
Ramos Sales and 19,950 0 0 19,950 800 100 261.25 1,161.25 18,788.75 0 18,788.
Marketing 75
Supervisor
Rutaquio Finance and 19,950 0 0 19,950 800 100 251.26 1,161.25 18,788.75 0 18,788.
Accounting 75
Supervisor
Salvadico Sales and 23,100 0 0 23,100 800 100 316.25 1,216.25 21,883.75 210.15 21,673.
Marketing 60
Manager
Timkang Operation 23,100 0 0 23,100 800 100 316.25 1,216.25 21,883.75 210.15 21,673.
Manager 60
Verzosa Sales Staff 11,130 0 0 11,130 440 100 151.25 691.25 10,438.75 0 10,438.
75
Viado Finance Staff 11,130 0 0 11,130 440 100 151.25 691.25 10,438.75 0 10,438.
75
Villarubia Marketing 11,130 0 0 11,130 440 100 151.25 691.25 10,438.75 0 10,438.
Staff 75
TOTAL 399,420 0 0 399,420 13,560 4,200 5156.25 20,816.25 378,603.75 9,655.19 357,
503.36

D. SSS Contribution

The table below shows the total contribution of the company for the Social Security
System.

SSS CONTRIBUTION
Amount: 13, 560
Total: 162, 720

E. Philhealth Contribution

The Table shows the total contribution of the company for the agency of Philhealth.

Philhalth CONTRIBUTION
Amount: 5, 142.50
Total: 61, 710

F. Pag-Ibig Contribution

The table show the total contribution of the company from the Pag Ibig Contribution.

Pag-Ibig CONTRIBUTION
Amount: 2,100
Total: 25, 200

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

G. Permits and Licenses

1. DTI Certificate of Registration

This certifies that

THE SIRENTREPRENEURS

is a business name registered in this office pursuant to the provisions of ACT 3883, as amended by ACT
4147 and republic ACT no. 863, and in compliance with the applicable rules and regulations prescribed by
the Department of Trade and Industry.
This certificate issued to

Monica Mendrez Malapitan

SAMPALOC MANILA, NATIONAL CAPITAL REGION, PHILIPPINES

In testimony whereof, I hereby sign this

Certificate of
Business Name Registration
and issue the same on this 7thday of January 2020 in the Philippines.

Secretary

Certificate No. ABM127P02

This certificate is not a license to engage in any kind of business and valid only at the scope indicated
herein.

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

2. Barangay Business Certificate

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 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

3. Mayor’s Permit

CITY OF BES
OFFICE OF THE MAYOR
BUREAU OF PERMITS & LICENSE OFFICE

BUSINESS PERMITS

License No. ABM127P02

Date: February 2020

This certifies that

NAME: The Sirentrepreneurs

_________________________________________________
_______

ADDRESS: Rm. 123 C.B. Building

_________________________________________________
Mesa St. Betterliving Subdivision
_______
Brgy. San Antonio
21
NO. OF EMPLOYEES : _________________________
Metro Sentro, Philippines
has been granted the PERMIT to operate the business pursuant to the REVENUE
CODE of the City of BES Mesa
andSt. Betterliving
after payments ofSubdivision
fees, taxes and other regulatory
charges and subject to the compliance of such pertinent laws, ordinances and
Brgy. San Antonio
related administrative regulations.

Metro WITH
FAILURE TO COMLY Sentro, Philippines
THE TERMS AND CONDITIONS SHALL CAUSE
THE IMMEDIATE REVOCATION OF THIS PERMIT

SUBJECT TO INSPECTION
BY THE AUTHORITY OF THE MAYOR

01-17-2020
___________________________
CITY ADMINISTRATOR

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BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

4. Business Plate

5. Sanitary Permit

CITY OF BES
OFFICE OF THE CITY HEALTH OFFICER

SANITARY PERMIT TO OPERATE

Permit No: ABM127P02

ISSUED TO :THE SIRENTREPRENEURS

________________________________________________
ADDRESS : SAMPALOC MANILA, NATIONAL CAPITAL
REGION, PHILIPPINES
_______________________________________________
NATURE OF BUSINESS : MANUFACTURING
____________________________________________

ISSUED DATE: Jan. 29, 2020

_______ EXPIRATION DATE: Dec. 31, 2020

This permit is not transferable and will be evoked

for violation of the Sanitary Rules, Laws or
Regulations and pertinent local ordinances.

Recommending Approval: Approved:

*FOR EDUCATIONAL PURPOSES ONLY*

SANITARY INSPECTOR 40 CITY HEALTH OFFICER
 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

6. BIR Certificate of Registration 2303

218-012-380-00000 THE SIRENTREPRENEURS 20-JAN-2020

SAMPALOC, BES CITY

THE SIRENTREPRENEURS
MANUFACTURING COMPANY

AGENCY HEAD HERE

41
 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

7. BIR Permit

THE SIRENTREPREURS

218-012-380-00000

218

8. Business Insurance Permit

DATE: 24-Jan-2020

CERTIFICATE OF BUSINESS INSURANCE

Policy Number: ABM127P01
1. Name of Policyholder and/or Business
Name. THE SIRENTREPRENEURS

2. Date of Commencement of Insurance January 31, 2020

3. Date of Expiry of Insurance January 31, 2021

WE HEREBY CERTIFY THAT:
1. THE POLICY TO WHICH THIS CERTIFICATE RELATES SATISFIES THE
REQUIREMENTS OF THE RELEVANT LAW APPLICABLE.
2. THE MINIMUM AMOUNT OF OF COVER PROVIDED BY THIS POLICY IS NO
LESS THAN Php 500,000
Insurance coverage shall be subject to complete terms and conditions of the policy.
Application does not warrant immediate coverage. The Company reserves the right to
evaluate and accept the risk
Signed:
Katana Alising
Business Insurance Head

42
 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

H. Pictures of Different Department

1. Human Resource and Administration Department

Montopar, Jobelle
Human Resource &
Administration

Nacis, Danica
Human Resource & Administration
Supervisor

Manliclic, Princess Manubay, Joseph

Human Resource Administration Staff
Staff

2. Production Department

Pante, Ma. Edelyn

Production Head

Japson, Justin
Production Supervisor

Isip, Ashly James

Production Staff

43
 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

3. Sales and Marketing Department

Salvadico,Roselyn
Sales & Marketing Head

Ramos, Justin Mei

Sales & Marketing
Supervisor

Verzosa, Karl Louie Villarubia, Maria Coleen

Sales Staff Jade
Marketing Staff

4. Finance and Accounting Department

Pelin, Shenny
Finance & Accounting Head

Rutaquio, Trisha
Finance & Accounting
Supervisor

Pesigan, Patrick Viado, Marc Stephen

Accounting Staff Finance Staff

44
 UNIVERSITY OF THE EAST
BASIC EDUCATION - MANILA
SENIOR HIGH SCHOOL

5. Operation Department

Timkang, Sean
Matthew
Operation Head

Mateo, Anjelo
Operation Supervisor

Maniri, Mohammad Lucas, Luis Marzen

Operation Staff Operation Staff

45