A FEASIBILITY STUDY ON ESTABLISHING CREAT3D PRINTING BUSINESS

IN BATANGAS CITY

A Feasibility Study

Presented to the Faculty of Industrial Engineering Department

College of Engineering, Architecture and Fine Arts

Batangas State University, Gov. Pablo Borbon, Main Campus II

Alangilan,Batangas City

In Partial Fulfilment of the Requirements for the Degree

Of Bachelor of Science in Industrial Engineering

Evangelista, Kimberly B.

Hermosisima, Zacharie James D.

Paglinawan, Thea Narie O.

Tumambing, John Dave Guiller C.

November 2020
 CHAPTER II

MARKET STUDY

This chapter describes the size and the scope of market, as well as the service

competitiveness. It also seeks for the growth of the total demand for the service, the

description of the service, suppliers, the different factors affecting the market, and the

appropriate marketing program.

A. Nature of the Business

3D printing or additive manufacturing is a process in which a digital design is turned

into a real project. 3D printing technology uses a 3D printer to create objects by laying

down successive material until the object is produced. It is a general partnership in located

in Batangas City and offers 3D printing services to residents of Batangas City mainly for

students.

To achieve competitiveness of the business, the business will focus to benefit its

customers, to students that need prototype design for research, also for the development of

the products of other businesses. Through 3D printing, you can create anything you can

imagine.

1. Name of the Business

The name of Creat3D Printing Business was derived from the word created, and

changed the last two letters into the kind of service they will offer. The owners of the

business end up naming their business creat3D since they want to promote creations,

making things possible, and to make imaginations come true through 3D printing.
2. Description of Services

Creat3D will be used in prototyping new products, they are offering a wide range of

technologies for 3D printing. They can provide realistic physical parts and aesthetic

materials for certain assemblies. Creat3D printing business offers complete manufacturing

services, from 3D printed plastic parts to 3D scanning and 3D modeling. They are

providing quality 3D printed parts and prototypes from fastest and reliable 3D printing

machines.

To achieve competitiveness, the business will focus on its services and benefits to its

customers, to student researchers and other residents of Batangas City who wants to 3D

print their needed parts or prototypes.

The business includes 3D printing, 3D scanning, and 3D modeling. 3D printing or

additive manufacturing is a process in which a digital design is turned into a real project.

3D scanning is a technology for creating high-precision 3D models of real-world objects,

3D scanner will be used to take multiple snapshots of an object. The shots are then fused

into a 3D model, an exact three-dimensional copy of the object. 3D modeling is the process

of creating a 3D representation of any surface or object by manipulating polygons, edges,

and vertices in simulated 3D space. Furthermore, they print extremely detailed parts

regarding if the customer wants the rough or smoothest surface finish in their 3D printed

parts and 3D print with color or in standard white.

Initially, its market compromises researcher who need to 3D print parts or prototypes.

In this kind of business, financial investments will focus on 3D printing machines and other

equipment, salaries, business registration, and expenses in utilities.

3. Uses of the service

The Creat3D Printing Business offers 3D Printing, 3D modeling, and 3D Scanning. 3D

Printing includes Stereolithography (SLA), Direct Metal Printing, and Color Jet Printing.

3D Modeling includes wireframe, surface and solid. 3D Scanning includes Structured

Light, 3D Scanning Technology, Photogrammetry, and Contact-based 3D Scanning

Technology.

3D printing cannot be done if they can’t provide 3D modeling, while in 3D scanning,

they just need to scan the object and it is done. The establishment's objective is to provide

the best quality of the design and to help the researchers be more time efficient. Also,

Creat3D Printing Business will offer a free tour of the displayed product and free tutorial

if they want to learn new knowledge about 3D printing, 3D Scanning and 3D Modeling.

4. Major Users of the Service

The establishment of Creat3D Printing Business will focus on the researcher students

that will use the service for 3D printing their research and the residents of Batangas City.

The owners will provide a quality and efficient service. Creat3D printing aims to help

increase flexibility in making a prototype or parts to be used in their research.

5. Geographical Areas of Dispersion

The Creat3D printing business will be in 55 square meter space, second floor in

Mercado Bldg. at Calicanto, Batangas City with the 052-2019002286 TCT number. This

area is a vacant space near Mcdonalds. This location is located along Burgos St. Brgy

Poblacion 12, Batangas City near Waltermart.

B. Analysis of the Market

There are different techniques that they will use in gathering the information that will

support us in our study. By using these techniques, they can easily determine the demand

of our market for the service and to fully understand the needs and wants of our target

market.

The objective market of this study is made out of the residents of Batangas City. There

are 197305 populaces with people 15-54 years’ old who we have been over viewed. These

quantities of respondents were gotten from the chosen number of populaces utilizing

Sloven's formula.

The number of respondents was derived from the total number of 15-54 years old

persons in Batangas City, using the Sloven’s formula which states that:

N
n=
1 + ( N * e2 )

Where:

n= number of needed respondents

N- Number of children who qualify in the area of study

e- margin of error, which is 5%

Solution:

197305
𝑛=
1 + (197305 ∗ 0.052 )

= 399.19

n= 400 respondents
 They used random sampling to gather information from the target market. Each

individual was chosen randomly by chance and each member of the population has an equal

chance of being included in the sample as respondents of the study. Surveys and interviews

were conducted from the people of city of Batangas to further determine the demand for

the services of 3D Printing Business by using a specific number of respondents.

They agreed to use questionnaires to have relevant information and gather important

data about the resident’s preferences for the establishment. They made the questionnaire to

get the needed information in order to analyze the current situations.

1. Demand for Creat3D Printing Business

Demand in economics is the consumer's desire and ability to purchase a good or service.

The most common targets of the Creat3D Printing Business are researcher students and

other researchers who are having difficulty in creating or looking for a part of their

prototype. Also, as innovation calls, workers, businessmen and other professionals use 3D

printing for easier way.

In this study, the demand pertains to the projected number of residents with ages 15 to

54 years’ old who possibly may acquire the services of Creat3D Printing Business in

Batangas City once it is established. This is based on the gathered information and

computations made to determine the demand for the business. The proponents conducted

a survey from the residents of Batangas City.

a. Target Market

Table 1

Willingness Survey Result in Batangas City

Respondents Percentage %

Willing to avail the service 377 94%

Not Willing to avail the service 23 6%

Total 400 100 %

Source: Result of Willingness Survey in Batangas City

The target market of the business are the people who currently resides in Batangas City.

Table 1 shows the number of the respondents who are willing to patronize the proposed

3D Printing Business in Batangas City. It is shown that 377 respondents were willing to

have a 3D Printing Business with a percentage of 94% while 6% of the respondents are not

willing to have a 3D Printing Business in Batangas City because they prefer buying

finished goods and they are not into personalized stuff.

b. Historical Demand

The proponents used the data based on the surveys conducted in Batangas City in

calculating the historical demand and in evaluating the projected demand growth

patterns.
 Table 2

Historical Demand

Year 3D Printing 3D Modeling 3D Scanning

2010 143,468 49,594 28,339

2011 145,118 50,164 28,665

2012 146,786 50,741 28,995

2013 148,475 51,325 29,328

2014 150,182 51,915 29,665

2015 159,817 55,246 31,568

2016 162,342 56,118 32,068

2017 164,907 57,005 32,574

2018 167,513 57,906 33,089

2019 170,159 58,821 33,612

See appendix for the computation

Table 2 shows the number of historical demands from 2010 to 2019. The data gathered

from Philippine Statistics Authority was multiplied by the willingness that the proponents

gathered from the survey which is 94%.

 180000
160000
140000
120000
100000
80000
60000
40000
20000
0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

3D Printing 3D Modeling 3D Scanning

Figure 1. Graph of Historical Demand (2010-2019)

Figure 1 graphically illustrates the fluctuating number and the increasing trend of

demand in the city of Batangas from 2010 to 2019 based on the historical population

multiplied to willingness.

c. Projected Demand

The proponents used the historical demand of the residents ranging 15-54 years old

gathered from the Philippine Statistics Authority in Batangas City in order to project the

demand. The proponents used different methods such as arithmetic straight-line, statistical

parabolic, arithmetic-geometric curved and statistical straight line. It appears that the trend

is increasing for the year 2022 to 2031.

 Table 3

Projected Demand

Year 3D Printing 3D Modeling 3D Scanning

2022 179,057 61,896 35,369

2023 182,022 62,921 35,955

2024 184,988 63,946 36,541

2025 187,954 64,972 37,127

2026 190,919 65,997 37,712

2027 193,885 67,022 38,298

2028 196,851 68,047 38,884

2029 199,816 69,072 39,469

2030 202,782 70,098 40,056

2031 205,748 71,123 40,642

See appendix for the computation

A ten-year projection of demand is shown on the table above. The proponents used the

historical demand in order to project the number of residents that will be using 3D printing

in the next ten years.

 250000

200000

150000

100000

50000

0
2022 2023 2024 2025 2026 2027 2028 2029 2030 2031

3D printing 3D Modeling 3D Scanning

Figure 2. Projected Demand for Creat3D Printing Service

Figure 2 shows the projected demand from year 2022-2031. The proponents used

Arithmetic Straight Line to project the demand among the other methods.

d. Major Consumers

The major customers of the 3D printing services are the students near Batangas City.

There are many schools and establishments that needed the services of the business. As the

technology became more and more common, the usefulness of the business will also

increase.

2. Supply

There is no competitor in the City of Batangas therefore there are no threat on the

proposed Creat3D Printing Business since there is no business which offers the same

service. On this instance, there will be an increase on demand and supply for the proposed

establishment.
3. Demand-Supply Analysis

The demand supply analysis is the correlation and mix of the demand and supply

circumstances to determine the potential market. Subtracting the projected values of

demand from the projected values of supply is the formula on computing the Demand-

Supply Analysis. Since the business has no competitor the projected supplies within the

projected year are equal to zero. Potential market got the same analysis with the projected

demand.

a. Demand and Supply Trend

Since Creat3D Printing Business has no competitors in Batangas City, the demand and

supply are equal. On this instance, there are no demand and supply trend for this study.

b. Potential Market

Potential market is a group of consumers that show some level of interest in a market

offer. It is also the part of the population that has shown some level of interest in availing

the service.
 Table 4

Demand - Supply Analysis for 3D Printing of Creat3D Printing Business

Year Projected Demand Projected Supply Potential Market

2022 179,057 0 179,057

2023 182,022 0 182,022

2024 184,988 0 184,988

2025 187,954 0 187,954

2026 190,919 0 190,919

2027 193,885 0 193,885

2028 196,851 0 196,851

2029 199,816 0 199,816

2030 202,782 0 202,782

2031 205,748 0 205,748

Table 4 shows the potential market in 3D Printing of the Creat3D Printing Business.

Since there are no competitors, the projected supply is zero. The projected demand will be

the potential market for this study.

 Table 5

Demand - Supply Analysis for 3D Modeling of Creat3D Printing Business

Year Projected Demand Projected Supply Potential Market

2022 61,896 0 61,896

2023 62,921 0 62,921

2024 63,946 0 63,946

2025 64,972 0 64,972

2026 65,997 0 65,997

2027 67,022 0 67,022

2028 68,047 0 68,047

2029 69,072 0 69,072

2030 70,098 0 70,098

2031 71,123 0 71,123

Table 5 shows the potential market in 3D Modeling of the Creat3D Printing Business.

Since there are no competitors, the projected supply is zero. The projected demand will be

the potential market for this study.

 Table 6

Demand - Supply Analysis for 3D Scanning of Creat3D Printing Business

Year Projected Demand Projected Supply Potential Market

2022 35,369 0 35,369

2023 35,955 0 35,955

2024 36,541 0 36,541

2025 37,127 0 37,127

2026 37,712 0 37,712

2027 38,298 0 38,298

2028 38,884 0 38,884

2029 39,469 0 39,469

2030 40,056 0 40,056

2031 40,642 0 40,642

Table 6 shows the potential market in 3D Scanning of the Creat3D Printing Business.

Since there are no competitors, the projected supply is zero. The projected demand will be

the potential market for this study.

c. Market Share Analysis

The market share is a portion of a market controlled by a particular business. It can be

used to determine the competitiveness of the business to its competitors in terms of profit

and revenues of the business.

 Table 7

Market Share of Creat3D Printing Business (3D Printing)

Particulars Capacity Percentage

3D Print 6,040 2.78%

Competitors 0 0.00%

Remaining Potential Market 211,356 97.27%

Total 217,396 100.00%

Table 7 shows the computation of market share wherein the capacity, the target demand

and the willingness are included. From the primary year of the operation of Creat3D

Printing business, the target market share is 2.78%.

3D Print

1%
0%
Competitors
50% 49%
Remaining Potential
Market
Total

Figure 3. Target Market Share of Creat3D Printing Business

Figure 3 shows the market share of Creat3D Printing Business in the first year of

operation. The market share comes from the maximum possible on 2020 which is 6,040 of

capacity.
 Table 8

Market Share of Creat3D Printing Business (3D Modeling)

Particulars Capacity Percentage

3D Print 2,265 1.04%

Competitors 0 0.00%

Remaining Potential Market 215,131 98.96%

Total 217,396 100.00%

Table 8 shows the computation of market share wherein the capacity, the target demand

and the willingness are included. From the primary year of the operation of Creat3D

Printing business, the target market share is 1.04%.

3D Modeling
1%
0%
Competitors
50% 49%
Remaining Potential
Market
Total

Figure 4. Target Market Share of Creat3D Printing Business

Figure 4 shows the market share of Creat3D Printing Business in the first year of

operation. The market share comes from the maximum possible on 2020 which is 2,265 of

capacity.
 Table 9

Market Share of Creat3D Printing Business (3D Modeling)

Particulars Capacity Percentage

3D Print 3,020 1.39%

Competitors 0 0.00%

Remaining Potential Market 214,376 98.61%

Total 217,396 100.00%

Table 9 shows the computation of market share wherein the capacity, the target demand

and the willingness are included. From the primary year of the operation of Creat3D

Printing business, the target market share is 1.39%.

3D Scanning
1%
0%
Competitors
50% 49%
Remaining Potential
Market
Total

Figure 5. Target Market Share of Creat3D Printing Business

Figure 5 shows the market share of Creat3D Printing Business in the first year of

operation. The market share comes from the maximum possible on 2020 which is 3,020 of

capacity.
4. Price Study

The pricing study of the Creat3D Printing Business is required to meet the needed

amount to establish the business considering product cost, materials, utilities, operation

and maintenance. Also, the service price of the 3D printing business was technically based

from the conducted benchmarks of the proponents. Though, the proponents also consider

some conditions and factors to be able to determine the deserving price of the service.

Table 10

List of Price for Creat3D Printing Business

Service Price (Php)

3D Printing 22.00 per gram / 3.00 per minute

3D Modeling

(Simple) 1,500.00

(Advanced) 2,500.00

(Detailed) 3,500.00

3D Scanning 1000.00

Table 10 shows the prices for the different services offered by Creat3D Printing

Business.

5. Marketing Programs

To assure desired position to the market and to capture target market share in Batangas

City, this marketing strategy should work.

Creat3D Printing Business needs to provide promotional programs. In today’s era we

have unimaginably amazing technologies, Creat3D Printing Business will use internet as
one of our platforms to communicate with our clients. We made an online website and

facebook page, thus customers can give different comments and suggestions.

Figure 6. Facebook Page of Creat3D Printing Business

Figure 7. Logo of Creat3D Printing Business

 CHAPTER III

TECHNICAL STUDY

After conducting the market size and area, service demand and growth, the potential

and technical feasibility of the project may be analyzed. This chapter deals with the

distribution of the resources that will be needed in order to meet the satisfaction in the

market.

The objective of this part of the feasibility study is to determine to what extent the

project meets the technical soundness criteria.

A. The Service

Creat3D is a 3D Printing Business which offers free tutoring to those people who lack

knowledge about how to use it or want to create their own design. This shop is located in

Batangas City. It offers a variety of services for its clients while waiting. The aim of

Creat3D Printing Business is to help the researchers or other companies near it shop to

process or create 3D model efficiently and reduce time on looking for parts or prototyping.

The following are the services that Creat3D Printing Business will offer:

1. Design and Print

This service includes 3D Printing, 3D Designing, 3D Scanning, Reverse Engineering

and rapid prototype with affordable price and high-quality output. 3D printing or additive

manufacturing is a process in which a digital design is turned into a real project. 3D

scanning is a technology for creating high-precision 3D models of real-world objects, 3D

scanner will be used to take multiple snapshots of an object. The shots are then fused into

a 3D model, an exact three-dimensional copy of the object. 3D modeling is the process of

creating a 3D representation of any surface or object by manipulating polygons, edges, and

vertices in simulated 3D space.

2. Free Tutorial

This service focuses on our target client who wants to learn basic knowledge on how to

use 3D printing machine and 3D scanning machine. Also, the shop has many 3D printed

accessories that will be displayed to guarantee the customers of high-quality products. The

free tutorial is only available every Saturday of the week.

B. Service Process

Figure 8. Service Process Flow in Creat3D Printing Business for Availing the

Service
 Figure 8 shows the step by step procedures Creta3D Printing Business for availing the

service. First, the customer will inquire about the services they will avail. Second, they

will inquire about the availability of the services and about the services. Then, taking the

customer’s request, receiving the pick-up time for the services. Payment and Lastly, giving

feedback form to customers after the service.

Figure 9. Service Process Flow of 3D printing

Figure 9 shows the step by step procedures of 3D Printing. The customers will inquire

about the services. After that, receiving files to print. Curing of the model and packing the

model to have a better quality. Lastly, pick up of the product.

C. Service Schedule

The service schedule refers to the specific time period for each Creat3D Printing

employee performance. The printing will operate (8) hours a day, open 6 days a week from

Monday through Saturday. The workers should work at least (8) hours a day, and at most

(10) hours a day

 Table 11

Service Schedule for 3D Printing

2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
A. In Days
Total Days 365 365 365 366 365 365 365 366 365 365
Less: Holidays/Sundays 60 60 60 60 60 60 60 60 60 60
Normal Working Days 305 305 305 306 305 305 305 306 305 305
Less: Maintenance and
3 3 3 3 3 3 3 3 3 3
Repair
Possible Operation Days 302 302 302 303 302 302 302 303 302 302

B. In Hours
Total Working Hour per Day 10 10 10 10 10 10 10 10 10 10
Less: Break / Idle Time 2 2 2 2 2 2 2 2 2 2
Total Working Hours 8 8 8 8 8 8 8 8 8 8

C. Maximum Capacity of 3D
printing
Possible Customer per day 20 22 24 27 29 31 33 35 37 39
Service in a day 40 40 40 40 40 40 40 40 40 40
Service in a week 180 180 180 180 180 180 180 180 180 180
Possible customer for 3D
12,080 12,080 12,080 12,120 12,080 12,080 12,080 12,120 12,080 12,080
Printing
Utilization 50% 55% 60% 65% 70% 75% 80% 85% 90% 95%
Possible customer for 3D
6,040 6,644 7,248 7,878 8,456 9,060 9,664 10,302 10,872 11,476
Printing
 The table above shows the service schedule of 3D Printing for years 2022 to 2031.

The Creat3D printing business wouldn’t be open during the holidays. Including Christmas

Day on December 25, New Year's Day on January 1, Holy Week (Maundy Thursday,

Good Friday and Last Saturday), Labor Day on May 1, then Independence Day on June

12 and All Saints Day on November 1st. Maintenance and repair of the Creat3D printing

are scheduled every January, April, July, October once a month. The Creat3D printing

business can only be opened 302 days on the first year of its launch, which is on 2022,

due to holidays and some potential maintenance and repair.

In the maximum capacity of Creat3D Printing Business, the service per day of 3D

printing, service per day is forty (40) and twelve thousand eighty (12,080) in a year and

twelve thousand one hundred twenty (12,120) in a leap year. The utilization is set at fifty

percent (50%) in the starting year and escalates in five percent (5%) increments for the

next ten years.

 Table 12
Service Schedule for 3D Modeling

2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
A. In Days
Total Days 365 365 365 366 365 365 365 366 365 365
Less: Holidays/Sundays 60 60 60 60 60 60 60 60 60 60
Normal Working Days 305 305 305 306 305 305 305 306 305 305
Less: Maintenance and
3 3 3 3 3 3 3 3 3 3
Repair
Possible Operation Days 302 302 302 303 302 302 302 303 302 302

B. In Hours
Total Working Hour per
10 10 10 10 10 10 10 10 10 10
Day
Less: Break / Idle Time 2 2 2 2 2 2 2 2 2 2
Total Working Hours 8 8 8 8 8 8 8 8 8 8

C. Maximum Capacity of
3D modeling
Possible Customer per day 6 7 8 9 10 11 12 13 14 15
Service in a day 15 15 15 15 15 15 15 15 15 15
Service in a week 180 180 180 180 180 180 180 180 180 180
Possible customer for 3D
4,530 4,530 4,530 4,545 4,530 4,530 4,530 4,545 4,530 4,530
Modeling
Utilization 50% 55% 60% 65% 70% 75% 80% 85% 90% 95%
Possible customer for 3D
2,265 2,492 2,718 2,954 3,171 3,398 3,624 3,863 4,077 4,304
Modeling
 The table above shows the service schedule of 3D Modeling for years 2022 to 2031.

The Creat3D printing wouldn’t be open during the holidays. Including Christmas Day

on December 25, New Year's Day on January 1, Holy Week (Maundy Thursday, Good

Friday and Last Saturday), Labor Day on May 1, then Independence Day on June 12

and All Saints Day on November 1st. Maintenance and repair of the Creat3D printing

are scheduled every January, April, July, October once a month. The Creat3D printing

business can only be opened 302 days on the first year of its launch, which is on 2022,

due to holidays and some potential maintenance and repair.

In the maximum capacity of Creat3D Printing Business, the service per day of 3D

modeling, service per day is fifteen (15) and four thousand five hundred thirty (4,530)

in a year and four thousand five hundred forty-five (4,045) in a leap year. The utilization

is set at fifty percent (50%) in the starting year and escalates in five percent (5%)

increments for the next ten years.

 Table 13
Service Schedule for 3D Scanning

2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
A. In Days

Total Days 365 365 365 366 365 365 365 366 365 365
Less: Holidays/Sundays 60 60 60 60 60 60 60 60 60 60
Normal Working Days 305 305 305 306 305 305 305 306 305 305
Less: Maintenance and
3 3 3 3 3 3 3 3 3 3
Repair
Possible Operation Days 302 302 302 303 302 302 302 303 302 302

B. In Hours
Total Working Hour per Day 10 10 10 10 10 10 10 10 10 10
Less: Break / Idle Time 2 2 2 2 2 2 2 2 2 2
Total Working Hours 8 8 8 8 8 8 8 8 8 8

C. Maximum Capacity of 3D
Scanning
Possible Customer per day 8 10 13 15 17 18 19 20 20 20
Service in a day 20 20 20 20 20 20 20 20 20 20
Service in a week 120 120 120 120 120 120 120 120 120 120
Possible customer for 3D
6,040 6,040 6,040 6,060 6,040 6,040 6,040 6,060 6,040 6,040
Modeling
Utilization 50% 55% 60% 65% 70% 75% 80% 85% 90% 95%
Possible customer for 3D
3,020 3,322 3,624 3,939 4,228 4,530 4,832 5,151 5,436 5,738
Scanning
 The table above shows the service schedule of 3D Scanning for years 2022 to 2031. The

Creat3D printing wouldn’t be open during the holidays. Including Christmas Day on

December 25, New Year's Day on January 1, Holy Week (Maundy Thursday, Good Friday

and Last Saturday), Labor Day on May 1, then Independence Day on June 12 and All Saints

Day on November 1st. Maintenance and repair of the Creat3D printing are scheduled every

January, April, July, October once a month. The Creat3D printing business can only be

opened 302 days on the first year of its launch, which is on 2022, due to holidays and some

potential maintenance and repair.

In the maximum capacity of Creat3D Printing Business, the service per day of 3D

scanning, service per day is twenty (20) and six thousand forty (6,040) in a year and six

thousand sixty (6,060) in a leap year. The utilization is set at fifty percent (50%) in the

starting year and escalates in five percent (5%) increments for the next ten years. In getting

the possible customer of 3D printing, 3D Scanning, and 3D modeling per year, the

utilization rate is multiplied by their services per year.

D. Equipment

Ceat3D Printing Business offers three services. Thus, different equipment and supplies

will be used to provide those services. It includes furniture, maintenance and office

supplies.
 Table 14

3D Printing Equipment

Unit Cost Total Cost

Items Quantity (Units)
(Php) (Php)

Anet A8 3D Printer 3 15,500.00

46,500.00

Anet E10 3D Printer 3 23,500.00 70,500.00

Sense 2 3D Scanner 1 24,950.00 24,950.00

Computer Set 4 12,000.00 48,000.00

Total: 189,950.00

Source: Innovative Print Technologies Inc.

 Table 15

Office Equipment

Unit Price Total Cost

Particulars Quantity Unit
(Php) (Php)
Calculator 1 piece 357.00 357.00

Cutter 2 pieces 100.00 200.00

Scissors 2 pieces 30.00 60.00

White board 1 piece 500.00 500.00

1.5hp High Wall Type

1 piece 33,600.00 33,600.00
ACCU

2.0 hp High Wall Type

1 piece 44,900.00 44,900.00
ACCU

0.5hp High Wall Type

1 piece 12,000.00 12,000.00
ACCU

CCTV Camera 2 pieces 3,450.00 6,900.00

Water Dispenser 1 piece 4,899.00 4,899.00

Office Chairs 5 pieces 1,196.00 5,980.00

Office Table 2 pieces 5,599.00 11,198.00

Total: 120,594.00

The cost for office equipment and tools that are Non consumables is shown in Table 12.
 Table 16

Maintenance Equipment

Items Items Unit Cost Annual Total

Quantity per (Php) Cost (Php)

Year (pcs)

Broom stick 3 pcs 70.00 210.00

Dustpan 3 pcs 55.00 165.00

Rugs 24 pcs 9.00 216.00

Trash Can 4 pcs 180.00 720.00

3D printer 6 pcs 343.00 2,058

cleaning kit

Total: 3,369.00

Source: New Market Batangas City, Innovative Print Technologies Inc.

Table 16 shows the maintenance and sanitary supplies needed by Creat3D Printing

Business. Based on the table shown, the total cost for the whole year is Php 3,369.00.

E. Business Location

The 3D printing business will be located along Burgos St. Brgy Poblacion 12, Batangas

City. The location is near Mcdonald’s.

 Figure 10. Vicinity Map

F. Facility Layout

The layout will provide as a visual tool for Creat3D Printing Business. An accurate

layout is essential when designing to clearly know the flow of the space and if it will satisfy

the needs of the residents of Batangas City. The layout design ensures not only convenience

for the workers but also effective space utilization that may affect the customer’s comfort.

Creat3D Printing Business will be located at 2nd floor of Mercado Bldg. at Calicanto,

Batangas City. The space size for the location of the establishment is 55 square meters. The

cost of the space rent is Php 20,000.00. The 3D Printing Business space consists of one (1)

room which are ideally divided into three which consists storage area, 3D printing area and

Reception area.
Figure 11. Proposed Floor Plan Layout for Creat3D Printing Business
Figure 12. Front View

Figure 13. Side View

Figure 14. Perspective View
 Table 17
Renovation Expense
Labor Total
Material Equipment
Particulars Cost Cost
Cost (Php) Cost (Php)
(Php) (Php)
Flush Doors Installation 10,584.00 724.32 57.95 11,366.27

Glazed Tiles Laying 10,960.00 1,448.64 115.89 12,524.53

Cement Plaster Finishing 2,000.00 1,448.64 115.89 3,564.53

Painting Works 5,107.00 1,448.64 115.89 6,671.93

Building Accessories and Wall

2,352.75 2,172.96 - 4,525.71
Partitions Installation

Electrical Wirings and Devices

8,950.70 2,172.96 173.84 11,297.50
Installation

Total: 49,949.54

Table 17 shows the renovation expense for Creat3D Printing Business. The total cost

for renovation is Php 49,949.54.

G. Facility Rent Expense

Table 18
Office Rent Expense

Annual Rent Expense

Particulars Rent per Month (Php)
(Php)

Office Rent 20,000 240,000

Total 20,000 240,000

 Creat3D Printing Business will about to rent their office at Mercado Building Calicanto,

Batangas City. The monthly rent is 20,000. The monthly expense for water consumption

is also included in the rent.

H. Raw Materials

Table 19

Service Materials

Amount per
Items Quantity (Units) Cost (Php)
Box (Php)

Filament Rolls ABS 15 boxes 1,500 22,500.00

Filament Rolls PLA 20 boxes 1,500 30,000.00

Total: 52,500.00

Source: Innovative Print Technologies Inc.

 Table 20

Office Consumables

Unit Price Total Cost

Particulars Quantity Unit
(Php) (Php)
Ballpen 3 boxes 60.00 180.00

Paper Bond (long) 2 reams 185.00 370.00

Pencil 2 boxes 69.00 138.00

White board marker 2 pcs. 34.00 68.00

Staple 5 boxes 35.00 175.00

Sticky note 2 pads 25.00 50.00

Record book 2 pcs. 55.00 110.00

Receipt Paper 10 pads 30.00 300.00

Total: 1,391.00

Source: Formosa Batangas City

The cost for office supplies that are consumables is shown in Table 17. The supplies

listed above are supplies that are available from Formosa and will be used in every

transaction. Official receipt will be issued for all the customers.

I. Utilities

Utilities are essential for the business to run efficiently. The utilities of Creat3D includes

internet connection and power supply. The electricity will be provided by MERALCO and

their telephone and internet connection will be provided by Globe.

 Table 21
Utilities Expense
Monthly Annual Cost
Utilities Supplier (Php)
Cost (Php)
Internet and telephone
Globe at Home 1,899.00 22,788.00
connection

Power supply Meralco (Batangas City) 12,000.00 144,000.00

Total Cost Php 166,788.00

J. Waste Disposal

The main waste of the 3D Printing Business would be the excess plastic when 3D

Printing which can be melted down and be recycled as another filament. Through this

method, we can eliminate waste and at the same time use the supplies efficiency. The other

wastes like office supplies are disposed in the garbage area in the building.

K. Labor Requirements

Labor is a commodity in exchange of wage that can help in establishing the business.

This table shows the salaries of all the employees monthly and annually. The Creat3D

printing business will employ skilled workers who would comply with the qualifications

to meet the expectations of the customers. They serve as the workforce of the business in

achieving their common goals. In putting up the business it will need, 5 particulars which

includes the 3D printer operator, 3D modeler and technician. Overall, the 3D printing will

be having 5 employees that will sum up a total man power cost of PHP 577,824.00.
 Table 22

Salaries and Wages

Wage per Total

Annual
Position Qty month Monthly
Salary
(Php) Salary

3D printer operator 2 9,698.00 19,396.00 232,752.00

3D modeler 2 9,698.00 19,396.00 232,752.00

Technician 1 9,360.00 9,360.00 112,320.00

Total 5 28,756.00 48,152.00 577,824.00

Source: DOLE

Table 23

Annual Contribution to Fringe Benefits of Employees

PAG-
SSS Philhealth
Position Qty IBIG
(Php) (Php)
(Php)

3D printer operator 2 9,288.00 2,400.00 4,632.00

3D modeler 2 9,288.00 2,400.00 4,632.00

Technician 1 4,448.00 1,080.00 2,244.00

Total 5 23,024.00 5,880.00 11,508.00

Source: Social Security System, Philhealth, PAGIBIG

 This table presents the annual workers contribution to fringe benefits. This shows

quantity of employees their SSS, PhilHealth, PAG-IBIG and 13th month. The total

annual employees’ contribution is PHP 40,412.

L. Investment Cost

Table 24
Permits and Licenses

Total Amount
Particulars
(Php)
Mayor’s Permit Fee 1,000.00

Business Tax 795.00

Inspection and Monitoring Fee 200.00

Sanitary Permit Fee 125.00

Sanitary Inspection Fee 125.00

Environment Protection Fee 2000.00

sFire Inspection Fee 300.00

Clearance Fee (ENRO)- BUSINESS 150.00

Total 4,695.00
Source:Office of the City Mayor, Business Permit and Licensing Office

Table 24 shows the permits and licenses and its cost needed by Creat3D Printing

Business in establishing the business. It includes mayor’s permit, business tax, inspection

and monitoring fee, sanitary permit fee, sanitary inspection fee, environment protection

fee, fire inspection fee and clearance fee (ENRO)- Business that has a total cost of Php

4,695.00.
 Table 25
Investment Cost

Amount
Description
(Php)

Acquisition of Property, plant and

equipment
Service Equipment 189,950.00
Maintenance Equipment 3,369.00.00
Office Equipment 120,594.00.00
Leasehold Improvements 35,202.00
Renovation Expense 49,950.07 399,065.07
Service Costs
Service Salaries 577,824.00
Service Materials 52,500.00
Employee Benefit Expenses 134,252.00 764,576.00
Operating Expenses
Office Supplies 1,391.00
Utilities Expenses 166,778.00
Rental Expenses - Operating 240,000.00
Permits and Licenses 4,695.00 412,864.00
Total 1,576,505.07
Add: Cash Contingency 23,494.93
TOTAL INVESTMENT COST 1,600,000.00

Table 25 shows the investment cost of Creat3D Printing Business. The total

cost for acquisition of property, plant and equipment is Php 399,065.07, Service

Costs with Php 764,576.00 and Operating expenses is Php 412,864.00 with a total

investment cost of Php 1,576,505.07.