Wash A Think

Quezon City University
673 Quirino Highway, San Bartolome, Novaliches Quezon City
Wash ‘A Think
A business plan presented to the
Faculty of the College in Accountancy
In partial fulfillment
Of the requirement for the subject
Strategic Business Analysis
By:
Buenafe, Melanie Joy P
Leader
Anacion, Sherlyn
Arcangel, Stephanie
Benavidez, Giny Rose
Cacatian, Princess
Coronel, Leneth
Gemillan, Mark Anthony
Hulleza, Rochelle
Olimba, Jenalyn
Silvano, Pamela B.
Members
SBAC-3B
July 2021
ACKNOWLEDGEMENT
The completion of this business plan was made possible through
the encouragement and assistance of some persons who have given their time and
solicited advice to this study.
To Mrs Rosalie Rosales-Makil, CPA, LPT, MBA, our Advisor, who has greatly
shared her knowledge with us with patience and diligence in helping us meet the
necessary works for the completion of our business plan.
To our friends, who encouraged us to do our best and inspired us in preparing this
business plan.
To our parents, who gave us unconditional love and support both in financial
and emotional aspects and always guided us in words of wisdom.
Above all, to OUR LORD JESUS CHRIST for his abundant graces and
showered blessings, who always look up and secure the safety of the proponents in
doing this business plan.

TABLE OF CONTENT
Preliminary Pages……………….........................................................................
Table of Content……………………………………………………………………….
List of Figures…………………………………………………………………………..
List of Tables…………………………………….
I. Executive Summary……………………………………………………………………..
I.1 Business Overview……………………………………………………….
I.2 Market Overview……………………………………………………...
I.3 Financial Highlights…………………………………………………………………
II. Business Profile
II.1 Business Name …………………………...………………
II.2 Business Location
II.3 Business Activity/Activities
II.4 Business Mission
II.5 Business Objectives
II.6 Business Vision
II.7 Business History/Entry Strategy
II.8 Ownership Structure
III. Market Reports
III.1 Industry Profile
III.2 Code of Ethics
III.3 Product and Services
III.4 Competition
III.5 Environmental Information and Trends
IV. Marketing Plan
IV.1 Market Segmentation
A. Demographic Segmentation
B. Geographic Locations
C. Psychographic Segmentation
D. Behavior
IV.2 Customer
IV.3 Target Markets
IV.4. SWOT Analysis
IV.5 Key Issues
IV.6 Sales and Marketing Goals and Objectives
IV.7 Value Proposition (Competitive Advantages)
IV.8 Marketing Strategies
IV.9 Pricing
IV.10 Promotion
IV.11 Personal Selling
IV.12 Sales and Distribution
V. Operational Plan
V.1 Product Description
V.2 Product Logo
V.3 Product Packaging
V.4 Premises, Plant and Equipment
V.5 Floor Plan
V.6 Production
V.7 Purchasing
V.8 List of Suppliers
V.9 Stock Levels
V.10 Purchasing Policies and Controls
V.11 Break-even Analysis
VI. Finance Plan
VI.1 Current Financial Position

VI.2 Capital Requirements and Funding Proposal
VI.3 Financial Budget
VI.4 Cash Flow Projection
VI.5 Projected Statement of Financial Performance
VI.6 Projected Statement of Financial Position
VI.7 Financial Ratios
VI.8 Financial Controls
VI.9 Business Insurance
VII. Risk Plan

VII.1 Type of Risk
VII.1.1 What are different types of risk?
VII.1.2 What needs to be considered?
VII.1.3 What are the steps to reduce risks?
VIII. Structural and Management Plan
VIII.1 Organizational Chart and Structure
VIII.2 Key Personnel
VIII.3 Labor Requirements and Skills
VIII.4 Staffing Strategies
VIII.5 Professional Adviser
VIII.6 Staffing Control
IX. Legal Requirements
IX.1 Legal and Taxation Requirements
IX.2 Registration of Business Name
IX.3 Taxation Registration
IX.4 Industrial Award
IX.5 Medical Insurance
IX.6 Intellectual Property Registration
IX.7 Other Insurance
IX.8 Pollution / Environmental Controls
X. Action Plan
X.1 Business Establishment
X.2 Operations
X.3 Marketing
X.4 Technological
X.5 Human Resources / Labor Requirements
X.6 Management and Organization Structure
X.7 Financial Plan and Projection
X.8 Quality Management
I. Executive Summary
Business Overview
Bacteria and viruses are spreading faster than before. Good hand-washing
habits are crucial to staying healthy, especially right now in the wake of the COVID-19
pandemic. The Wash ‘A Think company adds more antibacterial and cleansing
substances to the water to perform this properly. Wash ‘A Think company produced a
product named Liquify, a liquid hand soap. Kojic soap, papaya enzyme, distilled water /
deionized water, sodium lauryl ether sulfate, coco diethanolamide, cocamidopropyl
betaine, sodium chloride, phenoxyethanol and propylene glycol are among the
ingredients in this product. These ingredients are well-known for their ability to kill
bacterias and viruses, while also protecting and whitening the skin. Because of the
additional moisturizing effect, the new foam liquid soaps are better than the regular
liquid soaps. Another benefit of liquid soap is that it is more convenient and less drying.
Even small children can use it without the assistance of others. Wash ‘A Think company
ensures that liquify products can effectively limit the risk of germ transmission.
Market Overview
As we are in the middle of this pandemic, it is important to protect ourselves from
bacteria and viruses. Wash ‘A Think was established to produce liquify hand wash that
will ensure protection against viruses and bacteria. The target customers of this product
are people ages from 5 years old and above with an estimated 15,381 population size
within Novaliches Quezon City. It is expected that 85% of direct customers of the
business live around the vicinity of Novaliches Quezon City and the 15% are people
who pass-by and travelers etc.
Financial Highlights
This chapter comprises the financial projections of the proposed business.
These financial projections will help the management with ease to understand
and quantify the potential financial capability of the business. The proponents of
the business will have an initial capital of P 2,000,000. Projected financial
statements and other related financial data will be demonstrated in this part.
II. Business Profile
Business Name
Wash ‘A Think is a partnership type of business that produces hand wash
products. Wash ‘A Think came from the word “wash” representing sanitation and clean,
and “think” for something true and existing. From our business name we just want to
imply that there's a business that produces a true useful sanitizer.
Our product name is Liquify from the word “liquid” which represents that our
product will liquify or dissolve and wash out germs, viruses and bacteria in our body. It
will give the impression to our consumer that our product is good quality, beneficial and
effective.
Business Location
Wash ‘A Think is located at 2nd Floor Nova Square Mall, Novaliches Quezon
City. The store will operate Monday to Friday from 10:00 am to 6:00 pm. Liquify is easily
accessible to the market and ideal for usage in homes as well as public spaces, banks,
and hospitals, among other locations.
Figure 1. Front View of Nova Square Mall Building

Business Activities
Wash ‘A Think sells a product called liquify that efficiently cleanses the hand and
removes infectious germs as well as pollutants. This hand wash has been thoroughly
tested to ensure its cost effectiveness and quality. Wash ‘A Think Liquify product is
available for purchase through our Facebook, Instagram, Lazada, and Shopee sites.
We will demonstrate the product's unique quality and build relationships with our
customers in person or over the phone / internet. This product is available at a low cost
to our valued customers.
Business Mission
Wash ‘A Think mission is to provide or produce a liquid hand wash soaps that
are not only used for moisturizing the skin but also for absorbing all the impurities
embedded in it that will certainly cleanse and soften your skin's hand. To give the
customers a perception of smoothness, calmness, relaxation, and anti-bacterial, which
is what they will feel after they apply the product. To have wonderful pleasant services
and to keep a strong customer connection, to continuously create a high quality product,
and to expand our sales year after year.
Business Objectives
Wash ‘A Think main objective is to provide products into the standard for home
and workplace hand washing safety and cleanliness, first regionally and eventually
nationally. Our tactics to increase compliance through the use of our product include
continual and progressive expansion into new markets and a strong branding campaign
in coordination with promotional contracts with the government and possibly insurance
companies.
Business Vision
We aspire to be the top liquid hand wash provider, by providing an engaging
product and experience at an affordable price and become the first choice for an ever-
growing number of citizens.
Business History / Entry Strategy
Hygiene is essential to prevent spreading the germs into our hands. It is the most
effective way to stop viruses. Wash ‘A Think created a product that can assist you in
cleaning your hands and removing dirt and germs from your hands. But it does more
than that. It also smooths and softens the skin. Liquify is a product designed for
healthier hand skin and germ-free hands. Wash ‘A Think business expecting that liquify
product will meet the satisfaction of the customers
Ownership Structure
Wash ‘A Think type of business ownership is a general partnership. It means that
the owners are jointly and severally liable for any legal actions and debts the company
may face unless otherwise provided by law or in the agreement. It is a partnership in
which partners share equally in both responsibility and liability. Profit distribution will
differ depending on the contribution of its proponents. It will be a partnership of ten
people. The partnership will be aligned with other companies to achieve relative
freedom from government control, combining skills, abilities, capabilities, and
techniques.
II. Market Reports
Industry Profile
It is estimated that the worldwide hand wash market was worth USD 6.55 billion
in 2019, and that it will continue to develop at a substantial rate throughout the projected
period. Hand wash is a liquid soap that is less frothy than other types of soap because it
does not need to cover a large surface area and is used frequently throughout the day.
Hand washing, also known as hand hygiene, is a process of cleaning hands in order to
avoid bacteria, dirt, viruses and other potentially dangerous things, and thus to reduce
the spread of disease.One of the most important reasons driving the market is growing
public awareness of the need of hand hygiene in infection control practices. An increase
in the incidence of influenza-like infections, such as COVID - 19, has also increased
awareness of the necessity of frequent hand washing habits among people all over the
world, particularly in developing countries.
Code of ethics
These ethical principles are a set of guidelines that will help employees deal with
difficulties professionally while also helping management in regulating employee
behavior both inside and outside the firm.
I. Employee Relations, Duties and Responsibilities
It is truly important to note that each and every employee as well as the owners of
Wash ‘A Think should set an example to their co-workers and should act accordingly.
The following are the code of ethics or conduct that must be followed, but not limited to:
I.1 Keeping a sense of decency in the workplace
Employees must be respectful of one another. We shall not accept
discrimination, harassment, or victimization. Employees are expected to adhere
to our equal opportunity policy in all parts of their job, including recruitment,
performance evaluation, and interpersonal interactions.
I.2 Job Responsibilities and Authority
Customers, stakeholders, and the general public expect all employees to carry
out their duties with integrity and respect. Supervisors and managers must not
abuse their positions of authority. We expect them to assign assignments to
their team members depending on their abilities and workload. Similarly, we
expect team members to obey their team leaders' commands and do their tasks
competently and on schedule.
I.3 Professionalism
All employees must be trustworthy and professional in the workplace.
I.4 Compliance with the law
The legality of our organization must be safeguarded by all employees. All
standards pertaining to the environment, safety, and fair trade must be

respected. We expect our staff to be ethical and accountable when it comes to
our company's funds, goods, alliances, and public image.
II. Client Customer and Guest Relations
Business code of ethics or code of conduct when pertaining to customer dealings as
well as guest’s relation, it helps to improve the quality of service in relation to the
products we are offering with the customers, thus this fosters a positive relationship.
II.I Client customers and guests should be respected and treated as
always right. The employee must be hospitable to them.
II.II The treatment of guests must not be different to client customers.
Even though the guests do not buy goods or services, they should be
treated like a family and always welcome them.
II.III Any complaint received from any of them, the employee will get a
punishment which will be either disciplinary action, suspension or
expulsion depending on the weight of circumstances.
III. Conflict of Interest
We must not disregard our company's policies and procedures, nor should we use our
position to further our own or the interests of our family, friends, colleagues, or those
seeking to do business with us. Acting in this manner could harm our company and
adversely affect our colleagues and customers' trust in us.

We must avoid outside interests or activities that would hinder complete and competent
performance or interfere with our Company's duties and obligations to prevent a conflict
of interest.
As general rules, Wash ‘A Think
III.1 Must not engage in any business activity that competes with our
company's operations, either directly or indirectly.
III.2 Unless specifically approved by the owner, we may not utilize our
company's equipment, time, materials, or facilities for paid or unpaid work
for other organizations or personal gain.
Conflicts of interest are serious issues, and it's not always clear whether a given
situation will result in one. When in doubt, our company expects us to seek the advice
we need to make the best decision possible. When deciding on the best course of
action, we should use common sense and sound judgment. When we have a personal
or financial interest in a proposed Company action, even though the action is in the
company's best interests, we have a conflict of interest. If you engage in a decision in
which you have a personal or financial interest, you must notify the owner in writing of
your conflict of interest and withdraw from the decision-making process.

IV. Financial Integrity, Records, and Use of Funds
Financial integrity, records and use of funds is a significant factor in a business which
could greatly affect the operation of the business in instances that violations of these
may result negatively, an example of these is every cash receipt should be deposited
intactly supported by the deposit slip from the bank.
IV.1 Books and records must accurately and fairly reflect to transactions in
sufficient detail and in accordance with the entity accounting practices and
policies
IV.2 Ensure that every transaction is properly authorized and recorded
promptly, truthfully and accurately
IV.3 Honest, fair and transparent to all who benefit from work.
IV.4 Take responsibility for all outcomes, positive and negative.
IV.5 Check for undisclosed or unrecorded funds, assets or liabilities.
IV.6 All payments and transactions must be properly authorized in
accordance with entity operating procedures.
IV.7 Regular assessment to prevent or detect and correct improper
activities.
IV.8 Ensure that the information that are recorded is accurate, timely and
complete, and maintained in a manner that is consistent with internal
controls, disclosure controls and legal obligations.
IV.9 Ensure that all documents are safely retained to satisfy both internal
and legal requirements.
IV.10 All payments and transactions must follow all applicable laws,
requirements or policies.
V. Responsible Business
Business owners should ensure a healthy and safe working environment within the
business. If this was neglected and ignored by Wash a Think Company, the reputation
of the business would be greatly affected, thus might result in closure of the business
operation. Such a healthy and safe working environment includes fair treatment to
everyone.
V.1 Non-Discrimination
Business owner of Wash a Think as well as the employees should not
engage in any harassment and unlawful discrimination in the working
environment.
V.2 Wages and Benefits
Compensation paid to employees should be in accordance with all the
applicable wage laws, it also includes those relating to the minimum
wages, overtime hours as well as the legally mandated benefits.
V.3 Human Rights
Ensure that treatment to each and every one involve in the business has
no harsh and inhumane treatment which includes any sexual harassment,
and verbal abuse by co-workers as well as the management and the
owner.
VI. Business Relation with Suppliers
Suppliers provide Wash A Think Company the materials that the business is using in
order to produce the products we offer to our customers. Such supplies that the
suppliers provide includes eggs and glutinous rice that will be used to process the order
of the customers.
VI.1 Conduct business ethically, without using gifts, entertainment, or
favors to influence others, which could lead to a conflict of interest.
VI.2 Provide the company with product and process technology solutions
that will boost their purchasing value.

VI.3 Provide product and process technology solutions to companies that
will increase their purchasing power.
VII. Confidentiality, Data Protection, and Privacy
One of the conditions on which informed consent rests is that participants' privacy will
be respected. WASH A Think believes that privacy refers to persons and to their interest
in controlling the access of their information, and no participant should ever be forced to
reveal information that they didn't want to reveal. Confidentiality is equally important and
refers to information about the person that has been revealed to us. Safeguarding this
information is a key part of the relationship of trust and respect that exists between
wash a think and the participants. Depending on the type of study, personal identifiers
such as names, birthdates, places of residence etc. may or may not have to be
collected. In situations where these data are collected, wash a think may take several
steps to ensure the confidentiality of our participants’ information, including:
VII.1 Use participant codes to label data instead of using names.
VII.2 In interview studies, use the participant’s first name only (or even
using an alias) when recording or publishing data. Most of the time, an
alias will suffice, and is especially important to protect the participant if the
published data includes other identifiers such as age, gender, community
affiliations, or place of residence.

VII.3 And also wash a think acts very careful not to publish enough
information that the participant can be identified.
VIII. Legal Integrity
Wash ‘A Think Company must ensure that each individual involve with the business
operation fully understands the rules, laws and regulation necessary in performing their
work. Such laws and regulation, includes protection of human rights.
VIII.1 Our company is accountable for demonstrating integrity. It entails,
among other things, honesty and adherence to the law. It entails treating
those with whom we collaborate fairly and respectfully. It also entails being
accountable and accepting responsibility for one's actions and the
consequences of those actions.
VIII.2 Compliance with rules and regulations is the first step toward
demonstrating our commitment to integrity. Each Wash ‘A Think
employee is responsible for adhering to the rules and taking action or
reporting to management when they become aware of criminal acts or
acts in violation of the rules. Employees who fail to comply with the
standards, including failing to report known unethical behavior, will face
disciplinary action.
VIII.3 Our business's owners are expected to uphold the highest ethical
business standards and to discuss issues of the ethical and legal

implications of policy choices. The owners are responsible for establishing
and maintaining a work environment in which employees understand that
ethical and legal behavior is expected of them.
VIII.IV Owners should also be cautious not to hire or delegate authority to
anyone they suspect of engaging in illegal or unethical behavior; he
should be the first to protect the company's integrity. The owners must be
vigilant in looking for signs of unethical behavior or illegal activity, and take
effective and appropriate action to address any situations that appear to
be in conflict with the rules and regulations.
IX. Competition/Competitive Practices
Our company aims to focus on our customers and win their confidence. To prevent
conflicts of interest with our competitors, our company competes in a fair and equal
manner, therefore we respect free competition.
IX.1 All workers must abide by competition and antitrust laws and refrain
from engaging in any unfair behavior toward competitors.
IX.2 Employees and management must all refrain from engaging in
unlawful or unethical behavior against competitors.
IX.3 The confidential information about the company cannot be disclose
by any of the management and employees to our competitors in terms of;

IX.3.A Information/Discussion about Goods and Services including
production process, quality management and control, shipping
logistics
IX.3.B Information/Discussion about Pricing and Pricing Strategies.
IX.3.C Information/Discussion about Marketing Strategy including
advertisement, Operations and Internal controls
IX.3.D Information/Discussion with the board of
members/management.
X. Interaction with Government and Party Officials and Political Parties
Wash ‘A Think is a recognized organization committed to adhering to all federal
regulations and standards, and also conducting transparent and equitable business with
public authorities and members of our societies.
Wash ‘A Think's policies and practices on interactions with Government and Party
Officials and Political Parties must always be;
X.1 Justifiable, transparent, and reasonable, and they must also refrain
from providing any deceptive or factually incorrect information that could
jeopardize the credibility of any government official in the eyes of the
public.
X.2 Wash ‘A Think will comply voluntarily if summoned by a government
authority, and we will cooperate on a regular basis if a government official
directs us to ensure that Wash ‘A Think complies with all requirements
and protocols necessary to operate legally.
“Failure to follow this core policy will result in disciplinary action, including
dismissal.”
Product and Services
A good way of getting rid of dirt in our hands is washing it with water. However, it
is much better when using a soap while washing our hands, because soaps help to
break down germ-carrying oils. Also, soaps facilitate rubbing and friction that can
remove germs from the hands, and so that these germs can be rinsed away with water.
Additionally, using soap also adds up to the time spent by people on washing their
hands, as a result it ensures a more effective way to avoid diseases and viruses.
Furthermore, in the current circumstances that each and every individual is facing,
namely the spread of the so-called virus, the COVID-19, washing hands with soap
regularly, is truly necessary in order to avoid and reduce the spread of the said virus.
Due to the increasing demand of soaps, alcohol and other cleansing products,
Wash ‘A Think Company offers a product, which is a liquid hand wash soap, named
liquify, that is made with mild ingredients. The ingredients are papaya enzymes that
help to exfoliate dead skin cells and also to whiten, soften and smoothen the skin.
Moreover, a kojic acid is also part of the ingredients, in which it naturally helps lighten
skin, because a kojic acid is derived from a variety of fungi and organic substances that
is used in order to diminish dark areas that result from excessive pigmentation in the
skin. In addition, liquify also contains phenoxyethanol that serves as a preservative to
avoid formation of any microbial build up. Lastly, a distilled water which helps to prolong
the product shelf life and phenoxyethanol that serves as a preservative which helps to
avoid formation of any microbial build up is also added as part of the ingredients.
Liquify is designed for healthier and smoothen hand skin. Unlike the other liquid
hand wash, Liquify is much more perfect for cleansing your hand which not only aims to
avoid and reduce spread of germs and viruses, but also aims to smoothen the human
skin, while using the product. Also, it is inexpensive and convenient to use anytime.
Competition
This section includes market data that supports the product's launching in the
currently identified market. There are a variety of comparable products available,
including Lysol Antibacterial Hand Wash, which costs 130 pesos in a 225 ml bottle,
Watsons Cool Mint Scented Gel Hand Wash, which costs 179 pesos in a 500 ml bottle,
and Safeguard Pure Whiite Liquid Hand Soap, which costs 90 pesos for 225 ml.
Since the spread of germs has increased especially during these times of
pandemic, washing our hands more thoroughly is necessary. In order to perform this
correctly, we need to add more cleansing goods to the water. Liquid soap is a common
choice among a large number of people. Although liquid soaps are good at removing
dirt and bacteria, they have been linked to skin harm. Let's look at why it is. This occurs
because some liquid soaps deplete skin moisture when used to wash hands. Some
beauty-conscious individuals have conducted research on numerous brands that
feature additional moisturizing ingredients that improve skin radiance while also
containing germ-killing chemicals.
Liquify, a liquid hand soap, was created by Wash ‘A Think. The ingredients in
this product are Distilled/Deionized water that prolongs the product shelf-life, Sodium
Lauryl Ether Sulfate (SLES) for cleansing and emulsifying properties, Coco
diethanolamide (CDEA) which enhances the effectiveness of main surfactant,
Cocamidopropyl betaine (CAPB) which helps reduce irritations and serves as foam
booster, Sodium chloride (salt technical grade), Phenoxyethanol colorless liquid with
pleasant smell acts as fixative ingredient, Propylene glycol as a moisturizer for curing or
preventing dry, rough, sealy, and itchy skin, Kojic acid for skin lightening, Papaya
enzymes which helps exfoliate dead skin cells, whitening, softening, and smoothing the
skin. We combined these various ingredients and chose them because they are known
to help keep our hands clean, healthy, and attractive. We believe that, in comparison to
our industry competitors, we were able to provide an affordable liquid hand soap with
these kinds of ingredients that is efficient and effective. This product is intended to make
our hands healthier, smoother and eliminate germs. Because of the additional
moisturizing effect, the new foam liquid soaps are even better than regular liquid soaps
since their introduction. Another advantage of liquid soap is that it is more portable.
Small children can use it without assistance and effectively limit the risk of germ
transmission. So we can say that liquid soaps are superior to bar soaps in terms of
quality and consistency.
Below are the comparison of the strengths and weaknesses of our products between its
competitors in the industry:
HAND WASH STRENGTHS WEAKNESSES
● cheaper than the ● limited around
other hand wash Novaliches, QC
but has a good and lack of brand
Liquify quality and the loyalty among
ingredients are customers
efficient and because of high
effective competition in the
market
● known brand and ● Their product is
market leader in pricey compared
Lysol Antibacterial Hand terms of cleaning to liquify and the
Wash solutions and has competition is
a good quality tough because
they are a market
leader brand.
● has variety of ● Their product is

scents and is also pricey and
Watsons Cool Mint available or they also lack in
Scented Gel Hand Wash convenient to buy brand loyalty
compared to among customers
others
● established brand ● higher price
and has different compared to
Safeguard Pure White variants, their relevant products,
Liquid Hand Soap product is known the packaging is
for its efficiency much more simple
compared to other
brands
Environmental Information and Trends
Environmental information and trends can affect the organization in their
day-to-day operations. Wash ‘A Think needs to carefully plan and take into
account these factors when doing business. Business environments consist of all
those factors that have a bearing on the business. The term environmental
information and trends implies that internal and external factors have an impact
on the organization.
In this case business planning is important for direction and success. A key
area of the planning process involves considering factors that could have an
impact on the success of our business. These might be external industry,
environmental factors or internal factors such as the business strengths and
weaknesses. Any of these factors can provide opportunities or pose threats in
our business. External factors are those influences, circumstances or situations
that a business cannot control that affect the business decisions.
It’s important to regularly monitor the macro factors that affect the business
and industry and to respond to them in a way that is appropriate to our business.
These external macro factors can shape our business’s opportunities and pose
potential threats in the environmental information and trends:
● Economic conditions - these are the employment rates and trends,
interest rates, disposable income trends
● Technological advances - changes to how consumers use and purchase
our products.
● Political and legal factors - changes to work health and safety laws and
regulations can impact on how we conduct our business
● Seasonal/climatic factors - businesses selling seasonal items and
pandemic seasons like we have encountered today.
● Environmental factors - consumers can research information and
compare options when purchasing alternative power sources.

Wash ‘A Think remember that all of these factors, trends and forces should be
assessed with respect to our products to determine relevant threats and
opportunities to our business.
IV. Marketing Plan
Market Segmentation
Demographics Segmentation
The demographic is applicable to all ages, nations, races may use it, to all skin
types since it is skin friendly and the substances used are extremely effective and
suitable for human skin, plus the product is inexpensive when compared to branded
liquid hand wash and is far more reasonable that low to high income earners can
purchase.
Geographic Locations
We will endorse and sell our product in Nova Square, 2nd Floor, Novaliches
Quezon City. Wash ‘A Think Liquify product is available for purchase through our
Facebook, Instagram, Lazada, and Shopee sites. We will demonstrate the product's
unique quality and build relationships with our customers in person or over Social
Media. This product is available at a low cost to our valued customers. Customers who
receive damaged products may return those to the store. Wash ‘A Think. will also
provide the market in supermarkets, grocery shops, health care providers, pharmacies,
department stores, and other beauty care providers.

Psychographics Segmentation
Every person has distinct interests, values, and views regarding the product's
quality. Wash ‘A Think chooses the texture, fragrance, affordability, and efficacy of the
product with great care. We can reasonably tell you that the solution we give properly
cleanses the hand and removes infectious bacteria and pollutants. It produces a thick
lather and is inexpensive. Apart from this, we examine the whole range of hand wash at
our lab before releasing it from our side.
Behavior
Liquifier is a liquid hand wash that is developed with gentle components to
guarantee that it is suitable for human skin. It is formulated with gentler surfactants that
do not damage the skin's protective barrier and may maintain more than 30% of the
skin's natural moisture. The product contains an effective moisturizer with anti-bacterial,
antifungal and antioxidant properties, as well as exfoliating dead skin cells and aiding in
the whitening, softening, and smoothing of skin.
Customer
The primary customers of our business are the kids from schools and colleges
around the vicinity, who are always in a rush to catch up on things and forget critical
hygienic activities like hand washing. Employees of Bernardino Hospital and
NOVADECI that are exposed to diseases and women who are beauty conscious,
especially dark-skinned people who wish to have a lighter skin tone and want to achieve
their goal instantly. Every person who is concerned about his or her hygiene should be
one of our clients.
Wash ‘A Think plans to reach out to customers looking for revolutionary and
unique products after examining and identifying local emerging opportunities.
Target Markets
The primary customers/users are the students, children, food chain customers,
and especially frontliners; because of too much exposure to dirt and germs. The
secondary customers/users are the people in the house who are barely exposed to dirt
or germs.
For the primary customers/users of this product liquify will help them to avoid
and lessen the dirt and germs they get in their workplace. For the secondary
customers/users of this product will help them to moisturize and clean their hands.
SWOT Analysis
STRENGTHS
● There are different great scents to choose from.
● Flyers and social media are effective means of advertising and marketing.
● Hand washing aids in the moisturizing of the skin.
● Fast and quality services
● Affordable within the area

WEAKNESSES
 This hand wash from Liquify is a new product on the market with a limited and
global presence, which limits its capacity to compete effectively against other
prominent brands in the market.
 The presence of a large number of participants in the handwash business makes
it impossible for one company to maintain its market share.
 People have little brand loyalty since they frequently switch brands as a result of
the abundance of choices.
 Lacking in staff
OPPORTUNITIES
 Brand expansion into new product categories such as creams, face wash, and so
on.
 It is necessary to reach rural markets by introducing tiny package sizes.
 Additional variations may be added in order to provide additional variety in the
category.
 Provide exclusive promo for customers with repeat purchases
 Boost reaches online through social media
THREATS
 Increasing price of ingredients
 Strong competition from the big companies
 In the personal care industry, there is increasing competition.

 The introduction of new foreign competitors into the market
 Easily to copy
 Lack in staff due to pandemic
Key Issues
Liquid soap is a common choice among a large number of people. Although
liquid-soaps are effective in getting rid of dirt and germs, they have been said to
damage the skin. This occurs because some liquid-soaps remove skin moisture when
washing hands with them. Some people who are beauty conscious have conducted
research on numerous brands that contain additional moisturizing ingredients that
improve skin radiance while also containing germ-killing chemicals. Liquid soap is costly
because of the added packaging materials like bottle and pump dispenser used. The
cost of liquid soaps tends to rise. Due to the usage of a plastic container and
dispensing equipment, liquid soap is not environmentally friendly. Both of these things
take up more space in landfills and can possibly cause pollution.
Sales and Marketing Goals and Objectives
The distribution of liquify hand wash products will begin around the store
location. When liquify already established a name and a brand reputation, the company
will extend its reach and target to increase 30% of its sales. Promote business by
bringing the customer feelings to different brands by acquiring the customers’ needs,
establishing a good reputation through excellent service and quality product. Provide
customer information and knowledge about product specification, like ingredients and
benefits and its advantage to other brands to attract them and promote the product. To
start the promotion as a newbie to the market, start first with a low price compared with
other hand wash but always look and ensure its quality, continue to develop new
markets by keeping learning/ research about customers and develop new markets by
extending the operation for wider reach. And when it is already established, start
performing a product and market adjust strategy by increasing sales and production but
still always look up the product quality.
Value Proposition (Competitive Advantages)
Before the spread of COVID-19 across the globe, washing hands was necessary
in order to avoid and prevent the spread of germs such as bacteria and viruses that
cause various diseases. However, because of the rapid increase in the spread of
COVID-19, it has greatly put an emphasis on the necessity of washing hands regularly
or even every time a person communicates to other people to ensure non-
contamination of the said virus. In relation to this, Wash ‘A Think Company offers a
liquid soap product, named liquify, that every individual would surely patronize,
especially in the midst of a pandemic. Liquify is made of mild ingredients to ensure that
it will suit human skin. Liquify is made of ingredients that help your hands to whiten.
Also, liquify can effectively cleanse the hand to avoid any infectious germs, viruses, and
diseases, as well as impurities. In addition, liquify also contains phenoxyethanol that

serves as a preservative to avoid formation of any microbial build up. Furthermore, it is
suitable for use in homes as well as in areas like public places, banks, hospitals and
others. Lastly, it is easy to apply and is skin friendly.
Marketing Strategies
Customers can purchase the product directly from the store, which is located on
the 2nd Floor, Nova Square Mall, Novaliches, Quezon City. Employees of Wash ‘A
Think are also not limited to promoting their products through direct selling or
recommending them to others. Our company's liquify product is available through the
internet or direct mailings. We will demonstrate the product's unique quality and build
relationships with our customers in person or over the phone/internet. Our valued
customers can purchase this product at a low or affordable cost. To broaden our
customers' reach, we will offer online selling through various market apps such as
Shopee, Lazada, and Facebook Market. We will provide deliveries to our customers in
order to increase sales, and because we are in a pandemic situation, it is much better to
have this type of service in order to avoid any physical contact with anyone.
Pricing
Compared to the actual value of the goods, Wash ‘A Think and small shops will
set a price that matches savings. The company's branded items will be sold at the best
available price to reflect the company's overall image as a high-quality product and
service producer. The pricing approach used by Wash ‘A Thinkis value-based and the
price-quality strategy is premium strategy, as it is available at a very affordable price
that has a higher value of quality. Its pricing is done with respect to its product line, with
different sizes of bottles and having different prices.
Given below is the list of prices for different sizes of bottles offered by Wash ‘A
Think:
250ml - P 65.00
500ml - P 135.00
1,000ml - P 240.00
Promotions
Advertising
Wash ‘A Think will use their own page and website such as Facebook,
Instagram, Shopee and Lazada to advertise the product. This method is effective to
showcase the brand products, the quality and the features of the products. In addition to
that, the team makes suggestions to the buyers so that they will know what they can
include and exclude in the product and also how to enhance or upgrade our product.
Sales Promotion
Wash ‘A Think will give a 5% discount or buy 1L get 250ml free on their product
during their purchase to encourage customers to acquire the product, particularly during
periods of poor sales. Wash ‘A Think will also distribute flyers and pamphlets to help
increase the sales.Customers will have the chance to get any freebie promos whenever
they have reached 2,000 pesos worth of merchandise.

Personal Selling
Wash ‘A Think will promote itself through word of mouth and various social media
channels. Employees at Wash ‘A Think. may speak with clients one on one, answer
questions they may have, and recommend which scent of Liquify they should purchase.
These methods will assist the team in progressively increasing sales, encouraging
product patronage, and making the brand a trend.
Sales and Distribution
Wash ‘A Think management shall give priority to customer care and
satisfaction. We will establish good public relations and effectively market
products, and let the public know about the benefits of using liquify by advertising
the business using social media platforms such as Facebook and Instagram,
dispatching pamphlets to target customer locations. We shall supervise our
sellers in the selling process and emphasize staff training to fully understand
liquify’s benefits because every staff member is a potential marketer of our
products since they are the first point of contact for the business. For some,
having smooth and beautiful skin is an integral part of their lives, so establishing
long-term relationships will ensure a large, loyal customer base. In distributing
liquify, we will sell directly to the customers in our physical store, and as we
introduce our business to various people, we shall ask them for referrals to
potential buyers.
V. Operational Plan
Product Description
Wash ‘A Think effectively eliminates common germs and pathogens that
may cause illness. Use anytime, anywhere, while in the office, hospitals, and
other public places. Leaves your hands refreshed and sanitized. Use as often as
required.
Product Logo
Product Packaging
Premises, Plant and Equipment
The business will have a store equipment for electric fan, chairs and table which
will cost P19,238. The office equipment will also be used in the business which are the
computers, printers, etc. and will cost the business P40,866. For the soap making
equipment, the business will need a mixing container bowl, funnel, stirring rod, wide-
mouth container, spatula/plastic spoon, pipet/dropper/ weighing scale, pH paper and
plastic ladle. These soap making equipment will cost the company P981,873 to
purchase.
Floor Plan
Figure 1: Plan view of the Wash A Think
Figure 2. Elevation View of Wash A Think

Figure 3. Front View of Wash A Think
Figure 4. Left View of Wash A Think
Figure 5. Right view of Wash A Think

Figure 6. Entrance and Exit
Figure 7 Elevation View of Wash A Think Factory

Table 8 View of Processing area of Wahs A Think Facto
Production
Manufacturing liquid hand soap is not very complicated. For the production, there
is need to use a formulation, raw materials and mixing tank. For raw materials to be
used, quantities to be used and ingredients usage rankings, Wash ‘A Think should look
into this formulation. Therefore, formulation and productıon methods of Liquify hand
soap are important.
The Ingredients needed are kojic soap, papaya enzyme, distilled water /
deionized water, sodium lauryl ether sulfate, coco diethanolamide, cocamidopropyl
betaine, sodium chloride, phenoxyethanol and propylene glycol. The Wash ‘A Think
Company has eight steps to make Liquify.

Step 1: Weigh all ingredients in separate containers with labels.
Step 2: Dissolve 15g sodium chloride in 100ml deionized water. Set aside.
Step 3: Add 40ml CDEA, 10ml Coco Betaine, 1ml propylene glycol to SLES with
stirring.
Step 4: Add sodium chloride solution to the mixture

Step 5: Add soap dye and papaya enzymes and mix well until uniform.
Step 6: Check and adjust to pH 6-7 using pH paper and 50% citric acid solution
Step 7: Set aside and allow bubbles to subside
Step 8: Pack in a plastic containers with labels

Purchasing
The Ingredients needed are Distilled/Deionized water, Sodium Lauryl Ether
Sulfate (SLES), Coco diethanolamide (CDEA), Cocomidropropyl betaine (coco betaine),
Sodium chloride (salt technical grade), Phenoxyethanol, Propylene glycol, Scent, Kojic,
and Papaya enzymes.
TABLE 1. COST OF WHOLE INGREDIENTS
Quantity Amount Total Amount

Ingredients Unit
(A) (B) (AxB)
Kojic Soap 2 Kg 100.00 200.00
Papaya Enzyme 1 120pcs 236.46 236.46
Distilled Water / Deionized Water 2 10 L 15.00 30.00
Sodium lauryl ether sulfate 2 1L 130.00 260.00
Coco diethanolamide 2 1 Kg 160.00 320.00
Cocamidopropyl betaine 2 1 Kg 160.00 320.00
Sodium chloride 2 Kg 15.00 30.00
Phenoxyethanol 1 L 700.00 700.00
Propylene glycol 1 Ll 180.00 180.00
Total 2,276.46
TABLE 2. COST PER ITEM

250 ml 500ml 1000ml
Units Cost Units Cost Units Cost
Ingredients
(ml/g) per Unit (ml/g) per Unit (ml/g) per Unit
Kojic Soap 20 g 2.00 40 g 4.00 80 g 8.00
Papaya Enzyme 0.5 tbt 1.10 1 tbt 2.20 2 tbt 4.40
Distilled Water / Deionized

208 ml 0.31 416 ml 0.62 832ml 1.24
Water
Sodium lauryl ether sulfate 25 ml 3.25 50 ml 6.50 100 ml 13.00
Coco diethanolamide 10 g 1.60 20 g 3.20 40 g 6.40
Cocamidopropyl betaine 2.5 g 0.40 5g 0.80 10 g 1.60
Sodium chloride 3.75 g 0.05 7.5 g 0.10 15 g 0.20
Phenoxyethanol 0.25 g 0.18 0.50 g 0.36 1g 0.72
Propylene glycol 0.25 g 0.05 0.50 g 0.10 1g 0.20
Total 8.94 17.88 35.76
Direct Labor per Unit
Bottles Produced Units No. of hours Direct Labor /

Unit
250ml 50 6.85 hours 0.14 DLH
500ml 50 13.72 0.27 DLH
1000ml 50 27.43 0.55 DLH

Factory Overhead
Expenses Monthly Annually
Electricity 5,000 60,000
Rent - Store and Warehouse 60,000 720,000
Water 2,000 24,000
Indirect Labor
Production Manager 20,020 240,240
Packaging Expense 936,000
Indirect Materials 46,800
Total Factory Overhead 1,761,888
TABLE 3. COST OF FACTORY EQUIPMENT

ITEMS QUANTITY UNIT PRICE TOTAL PRICE
(A) (B) (AxB)
2 ₱55.00 ₱110
Mixing Container Bowl
2 ₱65 ₱130
Funnel
5 ₱60 ₱300
Stirring Rod
2 ₱89 ₱178
Wide
mouth
container
1 ₱50 ₱50
Spatula / Plastic Spoon
3 ₱67 ₱201
Pipette
/ Dropper
1 ₱650 ₱650
Weighing Scale
2 ₱97 ₱194
pH paper
2 ₱30 ₱60
Plastic
Ladle
4 ₱245,000 ₱980,000
Total ₱981,873.00
TABLE 4. OFFICE SUPPLIES
QUANTITY UNIT PRICE TOTAL PRICE

ITEMS
(A) (B) (AxB)
1bx ₱100 ₱100
Pens
2 ₱89 ₱178
Stapler
1bx ₱80 ₱80
Marker
1bx ₱75 ₱75
Pencils
2 ₱85 ₱170
Sharpener
20 ₱15 ₱300
Paper
Clips
10 ₱10 ₱100
Folders
3 ₱75 ₱225
Tape and Tape Dispenser
3 ₱25 ₱75
Scissor
Total 1,303
TABLE 5. OFFICE EQUIPMENT

Items Quantity Unit Price Total
(A) (B) (A x B)
1 6,999 6,999
Printer
2 14,999 29,998
Acer Travelmate B311-31-C8U8 11.6

In HD Celeron N4020 4GB RAM
256GB SSD Windows 10 Laptop
1 2,200 2,200
OFFICE TABLE
1 880 880
ELECTRIC FAN
1 389 389
CALCULATOR
2 200 400
CHAIRS
TOTAL 40,886
TABLE 6. STORE EQUIPMENTS
QUANTITY UNIT PRICE TOTAL PRICE

ITEMS
(A) (B) (AxB)
1 2,134 2,134
CCTV
2 ₱880 ₱1,760
Electric Fan
1 14,999 14,999
Acer Travelmate B311-31-C8U8 11.6

In HD Celeron N4020 4GB
RAM256GB SSD Windows 10 Laptop
1 ₱13,980 ₱13,980
PCOS CASHIER
2 ₱389 ₱778
Calculator
1 12,266 12,266
AIR CONDITIONER
1 1,250 1,250
FIRE EXTINGUISHER
Total 47,167
TABLE 8. WAREHOUSE EQUIPMENT

ITEMS UNIT PRICE TOTAL
(A) (B) (A x B)
3 3,800 11,400
SHELVES
1 2,200 4,400
TABLE
4 75 300
LIGHT
2 3,500 7,000
STORAGE CABINET
TOTAL 23,100
List of Suppliers
The following are the main suppliers of Wash ‘A Think Company for the materials
needed to produce Liquify liquid hand soap.
Name: L.G.
Atkimson Import-
Export Inc.
Location: 627 Del Monte Avenue, Quezon City
1105, Philippines
Phone No.: 8361-7751
Name: Zefina Mega Sales
Location: 457 J. B. Vargas, Mandaluyong,
1552 Metro Manila
Phone No.: 8817-3888

Name:
Alysons' Chemical
Enterprises, Inc.
Location: 1425 G. Araneta Avenue near Del
Monte Avenue, Siena Quezon City, Metro
Manila, Philippines
Phone No.: 8712-2266
Name:
Bestpak Packaging
Solutions, Inc.
Location: Lot 2, #9 P. Florentino Street corner
Araneta Avenue, Quezon City, Philippines 1104
Phone No.: + (63) 917-169-1399
Name: Dr. Alvin Professional Skin Care
Formula
Location: 23 F. Bautista St, Damayan, San
Francisco Del Monte, 1104, Quezon City,
Metro Manila
Name: Dr. Alvin Professional Skin Care
Formula
Location: USA, Online order
Website: https://ph.iherb.com/
Aside from the main suppliers, listed below, are the alternative suppliers of Wash
á Think Company in cases where scarcity, out of stock or closure from main suppliers
occur.
1. Name: FYI Trading

Location: 45-D Commercial Development Center St., Quezon City, Laloma, P
Phone No.: 63-02-3347598
2. Name: Fransmart Trading

Location 2c Ma. Elena Street, Hayaville Subdivision, Quezon City 1103, Philippines
Phone No.: -
3. Name: Highchem trading

Location: San Jose, Caloocan City - Metro Manila - Philippines
Phone No.: (02) 8363-8360
4. Name: HanCole Corporation

Location: 1028 Ortigas Ave, Ortigas Center, Quezon City, Metro Manila
Phone No.: (02) 8470 8806
5. Name: Chemrez Technologies Inc.

Location: 65 Industrial St., Bagumbayan, Quezon City
Phone No.: 635-0680
6. Name: Arvin International

Location: 18F, Y Tower, Macapagal Avenue corner Coral Way St., Pasay City, Metro
Manila
Phone No.: (02) 843-3676 to 80
Stock Levels
The table below shows the quantity of ingredients that are needed for the daily,
monthly and yearly production. Also, the indicated price for purchasing the
ingredients is included in the presentation. The business needs to maintain its
inventory to be able to produce the required quota of the products for the day.
Ingredients Quantity Quantity Quantity Price Price Price

Daily Monthly Yearly Unit Amount Daily Monthly Yearly
Distilled/Deionized
72.80 1892.8 22713.6 l 1.5 109.20 2,839.20 34,070.40
water
Sodium Lauryl Ether
8.75 227.5 2730 l 130 1137.50 29,575.00 354,900.00
Sulfate (SLES)
Coco diethanolamide
3.50 91 1092 kg 160 560.00 14,560.00 174,720.00
(CDEA)
Cocamidopropyl
0.88 22.75 273 kg 160 140.0000 3,640.00 43,680.00
betaine (coco betaine)
Sodium chloride (salt
1.31 34.125 409.5 kg 13 17.0625 443.63 5,323.50
technical grade)
Phenoxyethanol 0.09 2.275 27.3 kg 700 61.25 1,592.50 19,110.00
Propylene glycol 0.09 2.275 27.3 kg 180 15.75 409.50 4,914.00

Papaya enzymes 175.00 4550 54600 tablet 2.1955 384.21 9,989.53 119,874.30
Kojic 7.00 182 2184 kg 100 700.00 18,200.00 218,400.00
TOTAL 3,124.98 81,249.35 974,992.20
Purchasing Policies and Controls

I. When goods are damaged, it may not be returned to the seller without approval
in advance from the seller and must be returned with a receipt issued by the
seller. Returns without a receipt will not be accepted by the seller.
II. When buying online, the seller will deliver the products within a reasonable time
after receiving the buyer's purchase order, subject to their availability.
III. The buyer waives its rights to receive a verification statement when they buy
online.
IV. The terms of payment for any goods delivered to the buyer by the seller have not
been strictly adhered to by the buyer.
V. wash a think may, on providing notice at least 30 days prior to the time for supply
of the goods or the completion of the services, cancel an order for any goods not
supplied or incomplete services and the supplier will not supply those goods or
perform the services in accordance with and to the extent specified in the notice.
VI. The seller gives no warranties regarding any goods supplied and all other implied
or imposed conditions to the buyer, warranties and rights are excluded.
VII. The buyer will defend, indemnify, and hold harmless seller and its parent
company, their respective subsidiaries, affiliates, successors, and assigns and

their respective directors, officers, shareholders, and employees from and
against any loss, injury, death, damage, liability, claim, deficiency, action,
judgment, interest, award, penalty and fine.
Break-even Analysis
Computation for Sales Ratio per Product
Products Total Sales Sales Ratio
Product - 250 ml 1,014,000 14.77%
Product - 500 ml 2,106,000 30.68%
Product - 1000 ml 3,744,000 54.55%
6,864,000 100%
Computation for the Weighted-Average Variable Costs
Variable Cost per unit Sales Ratio (VC/unit

x Sales
Ratio)
Product - 250 ml 28.06 14.77% 4.14
Product - 500 ml 56.38 30.68% 17.3
Product - 1000 ml 95.6 54.55% 52.15
Weighted Average Variable Cost per Unit 73.59
Computation for the Weighted-Average Selling Price
Selling Price per unit Sales Ratio (SP/unit

x Sales
Ratio)
Product - 250 ml 65 14.77% 9.6
Product - 500 ml 135 30.68% 41.42
Product - 1000 ml 240 54.55% 130.91
Weighted Average Selling Price per Unit 181.93
Computation for Contribution Margin
Weighted Average Selling 181.93 100.00

Price per Unit %
Less: Weighted Average -73.59 -
Variable Cost per Unit 40.45%
Contribution Margin per Unit 108.34 59.55%

(108.34 / 181.93) = 59.55%
Computation for Total Fixed Costs
Fixed Costs
Fixed manufacturing overhead 57,849.26

for Product - 250 ml


Selling Expenses 241,085.20
Administrative Expenses 203,712.50
Total Fixed Costs 836,383.70
Break-even units in Sales in Fixed Costs / Contribution

Units Margin per Unit
836,383.70 / 108.34
7,719.78 units
Break-even units in Sales in Fixed Costs / Contribution

Amounts Margin per Unit Percentage
836,383.70 / 59.55%
₱
1,404,473.14
VI. Finance Plan
Current Financial Position
WASH'A THINK Co.
Statement of Financial Position
As of January 1, 2022
ASSETS
Current Assets
Cash and Cash Equivalents P 150,000
Inventories 4,486
Prepaid rent 80,000
Total Current Assets 234,486
Noncurrent Assets
Property, Plant and Equipment
Store equipment P 19,238
Less: Accumulated Depreciation - Store Equipment - 19,238
Soap Making equipment 1,873
Less: Accumulated Depreciation - Soap Making Equipment - 1,873
Office Equipment 38,300
Less: Accumulated Depreciation - Office Equipment - 38,300
Total Noncurrent Assets 59,411

TOTAL ASSETS P 293,897
LIABILITIES AND OWNER'S EQUITY
Current Liabilities P -
Noncurrent liabilities -
Total Liabilities -
Owner's Equity
Owner's equity 293,897
Total Owner's Equity 293,897
TOTAL LIABILITIES AND OWNER'S EQUITY P 293,897

Capital Requirements and Funding Proposal
Financial Budgets
Cashflow Projection
Projected Statement of Financial Performance
Projected Statement of Financial Position
Financial Ratios
FINANCIAL CONTROLS
Wash ‘A Think will assess internal controls to be established to prevent
fraudulent activities that might affect the company. This process and procedures make
up the reliability of financial aspects, the business will rigorously implement the following
financial controls.
I. Cash Receipts
I.1 Authorization
Establish processes to ensure proper reporting of cash receipts.
The finance manager is responsible for reconciling sales to cash
transactions and informing management of cash overages and shortages.
The finance manager report should be reviewed and reconciled by the
General Manager before it is implemented.
I.2 Separation of Responsibilities
Establishing protocols to guarantee that specific jobs are kept separate, as
well as to avoid and identify fraud and error is essential.
In the case of cash collections, the finance is in charge of receiving them,
while the general manager is in charge of documenting them.
The accountant is responsible for maintaining accounting records.

The transfer of funds between two parties should be confirmed,
authorised, and documented by both parties involved.
I.3 Safeguarding
Establish measures to keep the firm's monetary assets safe from theft.
The finance manager and the general manager should be the only ones
who perform a physical count. Cash should be stored in a safe drawer
with a combination lock.
The place where cash is counted should be secure and free of disruptions.
Every collection or Saturday, money should be deposited into a bank
account.
I.4 Recording and Depositing
Deposits should be submitted in their original condition.
It is recommended that all cash receipts be recorded on a cash receipt
form.
Checks should be made payable to the general management.
I.5 Reconciliation and Review
It is necessary to keep track of all receipt numbers.

Cash transaction records should have the same information as deposit
records.
2. Petty cash fund
II.1 Authorization
Petty cash funds should only be authorized and managed by the finance
manager.
Funds should only be utilized for business objectives that are consistent
with the cashier's authorization.
II.2 Segregation of Duties
The finance manager is in charge of keeping money in reserve, while the
general manager is in charge of reviewing and approving the
replenishment of funds.
II.3 Safeguarding
Petty cash should be kept in a secure lockable box separate from the rest
of the cash.
II.4 Recording and Depositing
A small cash reserve should be maintained and replaced as needed.

All payments from the fund should be accompanied by an actual receipt
that demonstrates the amount of money spent on the particular item.
II.5 Reconciliation and Review
The general manager, who has signing authority but is not in charge of
fund storage, should check the documents, confirm that the total fund
amount is accounted for, and authorize applications for fund
replenishment.
The petty cash fund should be evaluated on a regular basis.
3. Hiring and recruitment
To ensure honesty and capability, employees should go through the
recruiting, selection, and a hiring program.
Employee attendance and attitude rules will be strictly enforced.
The corporation has introduced a "no-pocket" policy for cashiers in order
to reduce the temptation to steal.
The manager's routine of supervising employees compliance with the
company's rules and procedures will be observed on a regular basis.
4. Payroll
IV.1 Authorization
Only the general manager should have the authority to approve forms.
The HR manager should also have the authority to approve any changes
to hour tracking or reporting procedures that occur.
Employees should not give their approval for actions that affect their own
income.
IV.2 Segregation of duty
Only the HR manager should be in charge of preparing employment
documents and examining payroll records, according to industry
standards.
IV.3 Reconciliation and review
Payment expense reports for payroll should be examined and authorized
on a monthly basis.
Cash control entails keeping cash safely and accounting for it. Any person who
has possession of currency must be held liable for any variations in it. At the end of the
day, two individuals should be counting the cash and making deposits. If just one
person performs these tasks, there is a considerable chance that the money will be
misused.
Examining financial accounts will assist the company in determining whether any
odd actions occurred in the store. WASH' A Think's financial accounts must be checked
at least once a month in order to detect and prevent any fraudulent practices.
Access in the company internally generated financial statements, transactions,
CCTV, cash, inventory and others must be given to their respective positions. Access
should be limited to the position.

Business Insurances
Wash ‘A Think Company has business insurance that protects businesses from
potential losses brought about by risks involved in the ordinary course of business. This
type of insurance protects a business's financial assets, intellectual and physical
property from lawsuits, property damage, theft, loss of income, and employee injuries
and illnesses. Wash ‘A think Company is insured under the Malayan Insurance where
they provide Property Insurance with coverage for the business against loss or damage
resulting from Fire and Lightning, Typhoon, Flood, Earthquake Fire & Earthquake
Shock, Smoke Damage, Explosion, Vehicular Impact, Falling Aircraft, Riots, Strikes,
and Malicious Damage, Sprinkler Leakage, and Bursting or Overflowing of Water
Tanks, Apparatus, and/or Pipes (BOWTAP). It also covers built-in extensions, namely
Debris Removal, Professional Fees, and Fire Fighting Expenses. Next is
Comprehensive General Liability, which is a value-added feature that brushes off
business-related legal worries. It protects the business against third-party claims due to
property damage and/or bodily injury arising from the business's operations. This
includes legal expenses necessary to defend the Insured from third-party claims.
Insurance for Personal Accident (PA) is 24-hour, 365-day protection for the business
and its employees against accidents. As a standard feature, Business Protect provides
coverage for four (4) named employees provided that the age of each person declared
under this benefit does not exceed 65 years old. And lastly, Money Securities and
Payroll (MSP) it is to compensate for the loss of money or securities stored within the
insured business premises due to burglary or robbery. In addition, this cover will also
respond to a loss of money-in-transit due to theft from the business premises to the
bank and vice versa.
VII. Risk Plan
In this section, Wash ‘A Think company is to identify the possible risks that might occur
during and in the future plans of the business. The purpose of identifying the possible risk is to
make an analysis for it and to prepare for risk mitigation.
Type of Risk
In business, there are a lot of risks that we can look forward to encountering before, and
during the business is operating. Doing business means that you are prepared to encounter
those problems and must be ready to meet head-on to those possible risks. There are a lot of
risks that we might encounter in doing our business, especially that we are in the food industry
wherein our production is based on the inventories that we have, there are also some problems
that we might encounter because of the possible failures in the equipment. The following are the
possible risk that Wash ‘A Think might encounter:
i. Fire hazard / outbreak
ii. Machine breakdown
iii. Employee accident
iv. Vehicle breakdown
v. Equipment safety
What needs to be considered?
As we've stated above, there are a lot of possible risks that our business might
encounter and all of these things really can affect the daily operation of the company.
Once those risks weren't able to prevent or maybe lessen the possibility to encounter
those risks, it might affect not only the operation but also the profit-generation of the
company. Stated below are the following consideration that might help to prevent or
reduce the possibility of the risk(s) stated:
I. Fire Hazard or Outbreak refers to a situation when the factory and/or its
machinery ignite as a result of error committed by a member of staff.In
order to prevent such occurrence, the management shall ensure strict
compliance to instructions on the usage of the machinery. All electrical
appliances must be switched off before the company closes for the day.
Industrial fire extinguishers must be installed at strategic points in the
factory.
II. Machine breakdown is a situation where these equipment cease to function
due to technical fault. In order to avoid these situations, control measures must be put in
place to provide adequate servicing for all machines.
III. Employee Accidents To curb this accident, operators must be well trained
and vast in the use of the equipment. He/she must be sensitive and conscious to the
factory environment.Secondly, men and women of good medical records shall be
employed. However, First Aid Boxes shall be made available in the company. secdti
IV. Safety of the Equipment Location. The equipment is safe and secure due
to the tight security arrangement put in place by the Cooperative Society coupled with
the security surveillance of the industry park.

What are the steps to reduce risk?
In order to fully assess the risks that are classified above we must know and be
efficient to look for possible things that can reduce the possibility of these risks. We
know that there are a lot of things that need to be put into consideration in avoiding
those risks but we know that we are fully equipped to reduce the possibility of those
risks to occur. These are the possible things that can help us to reduce the risks:
1. Consider and assess the hazards within the organization that can cause a fire.
2. Properly conducted equipment inspections with a maintenance program that includes
preventative and predictive maintenance in addition to reactive maintenance.
3. Employees should be trained to recognize hazards and to report them to the
appropriate person so that the hazard can be corrected as soon as possible. Work
requirements involving safety should take precedence over any other.
VIII. Structural and Management Plan
Organizational Chart and Structure
The Organizational structure is a graphical formation that shows the important
details in the organizational structure including the major functions and their position
and responsibility. The figure below shows the proposed organizational structure of
Wash ‘a think Company. The key functions of each of the members in the business are
listed on it.
Our business chose the functional type of organization. This is one of the
most commonly used types of organizational structure in which all activities in the
firm are grouped together according to certain functions.This is the best structure
that will fit to the overall operation of the business. This is quite complex but
effective and efficient for every partner and employees of the organization since
the work is divided into specialized functions. The specialists must be consulted
before any decision is taken no matter relating to his specialized area. The
manager can totally focus on his tasks and can perform managerial activities
well.
This type of structure can be applicable for a long time as long as it fits in
the business since it offers a greater scope for expansion as compared to line
type of organization. It does not face the problem of limited capabilities and
facilitates better control and supervision in the business firm. Despite of the
disadvantages of this type which are the confusion and conflict in roles and
responsibilities, it still the choice of the proponents for it can supervise a large
number of subordinates while in line type, it can only supervise a limited number
of subordinates and this is more efficient in accomplishing task and there is
teamwork and cooperation of all members of the organization. We used it as our
consideration in choosing our organizational structure is the size of our business.
Key Personnel
General Manager – In charge of overseeing the overall operations and
performance of Wash ‘a Think Co., it includes the management of all the staff,
reviewing the budget, and ensuring compliance with any policies and procedures
implemented.
Operations Manager – Handles the production staff of Wash ‘a Think Co.
and makes the important policy, planning, and strategy decisions. Furthermore,
the operations manager is also in charge of developing, implementing, and
reviewing operational policies and procedures.

Sales and Marketing Manager - Responsible for checking the quality
assurance and managing the sales staff. Moreover, sales and marketing
manager is also responsible for researching and developing the marketing
opportunities and planning as well as implementing new sales plans.
Human Resource Manager - Involved with the various activities in the
business which includes recruitment, career development, training, employee
relations compensation and benefits, and employment law, compliance.
Accountant - Responsible for keeping and interpreting the financial
records of Wash ‘a Think Co.
Labor Requirements and Skills
The business will require 6 employees for the entire day of operation, 4 of whom will be
product makers and 2 of whom will be assigned to the store to sell the products.
Employees are carefully selected. To be considered for employment, all applicants must
have the following skills and present the following documents:
● PSA birth certificate
● NBI Clearance
● Voters ID (For college student who has no voter's ID yet, Students ID with COR
instead)
● Barangay Clearance
● Medical Certificate
● Swab Test
● The product makers must present a certificate proving that they attended a liquid
hand soap making seminar
● High school graduate
Employees will be given enough time to take breaks so that they are not overworked.
Product makers are expected to be cautious, quick, and well-versed in the
manufacturing process. Employees who will sell the products are expected to greet
customers and answer questions about the product and be in charge of handling the
cash. They should also be able to keep the store clean and do all of the other things
that are required. Because the store will only be open for 8 hours per day, full-time
employees are required. Employees are expected to be diligent and to follow all of the
company's rules and regulations.
Staffing Strategies
A staffing strategy is a process used in our business. This approach permits us to

analyze, examine and plan actions that take our company from where it is to where it
needs to be. After defining our objectives, the next phase of this process is assessing
the current situation. Determine what opportunities or limitations, both internally and
externally, can either advance or hinder those of our objectives. Next, convert our
objectives into action plans, and then initiate and put those actions in place. Wash A
Think prepares steps to build an effective staffing, or people strategy
● Determine first our business goals
The best starting point for our staffing or people strategy is our organisation’s
business plan, which should contain both short term and long-term goals for the
company. Whether it’s to increase turnover, expand into new sectors, launch new
products or grow through acquisition, these goals are all inherently driven by our
people. So that our strategy needs to be fully aligned with the company’s objectives.
● Establish our current people landscape
After knowing what our organisation’s objectives are, we need a complete picture of
our current workforce. Having an accurate view of our people, starts with a single
source of truth. If our people data is held in disparate systems, this must all be
consolidated into one system to give the maximum insight of our people or staff.
From here, we can build reports and actionable insights about our people, such as
having accurate headcount reports, establishing skill gaps, and identifying high
potential candidates for leadership roles as part of our succession planning.
● Identify staffing and people needs
For a successful staffing and people strategy, Wash A Think needs to understand
the skills, experience and resources required to achieve our business goals. To
maximise the efficiency of the recruitment process, we need to consider the timeline
of activities required to fulfil each role, and plan accordingly. We need to analyse
further data to establish this, like, what roles do we need, how long does it typically
take to recruit them, what’s the time frame for induction and ramping up to full
productivity because our existing workforce data will provide useful insights that we
can use as our benchmark.
● Create a future staffing projection
With the current workforce picture complete, it’s a good idea to build a long-term
staffing strategy for the next five to 10 years. They will need to share the long-term
vision for the company so we can factor in if there’s going to be a company
restructure or any future acquisitions that will bring new or different staffing needs to
the business. Also, work into the projection of succession planning as different
employees get promoted during the course of the next five to 10 years – as well as
which departments are going to become vital to the future success of the company
and therefore likely to expand in size.
● Develop a strong employer brand and workplace culture
Understanding how to build an environment in which people love to work is vital to

retain the best as part of our strategy. We don’t assume that everything we need to
create the perfect people strategy can be gleaned from within the walls of our own
business. Search online for models that we can replicate, attend workshops and
seminars, and use social media to ask for ideas.
● Review the plan regularly
The business needs can change rapidly so even scheduling an annual twelve month
review of our plan is unlikely to be enough. Regularly review our plan to ensure that
we can flex and adapt to the people's needs of the business if conditions change at
a moment’s notice.
The termination or signing of our single biggest client could have a drastic impact on
our staffing requirements and operating margins. If creating great workforce
experiences is at the heart of our people strategy, we’re using data to gain true
actionable insight on our staff, and follow these steps then we have all the
ingredients for creating a successful staffing and people strategy that works in our
business.
Professional Advisers
These are the reputable and well-known expert advisers who can not only give
substantial direct and professional support, but also provide credibility to our
business. Advisors and consultants are included below:
Science Research Specialist Liquid Hand Wash are made on Laboratory Test
and it was done by Science Research Specialist
Management Consultants For the operations and production activities of Wash
‘A Think will be technically assisted by a consultant.
Financial Advisor The financial advisor helps the Wash ‘A Think to
monitor and assess the investment performance as
the company may not always have the time to do it.
Staffing Controls
Staffing controls are responsible for developing employee behavior in order to
prevent potential difficulties in all areas. Its adoption will assist employees in molding
into the most effective and efficient style of working, allowing businesses to reach
their full potential. The management provides a set of guidelines to assist the
organization in promoting peace, integrity, well-organized, and smooth business
operations.
1. Verbal Caution
When employees engage in problematic behavior, they will be issued a verbal caution.
An oral warning serves as the first stage in the progressive punishment procedure,
alerting the employee that a problem may exist or has been detected that has to be
addressed.
2. Verbal Warning
A verbal caution is less severe than a verbal warning. When a problem is detected that
warrants a verbal warning, or when an employee participates in improper behavior while
a verbal caution is in force, the employee will be given a verbal warning. Verbal
warnings are recorded and filed in the employee's personnel file, and they are valid for
specifying the duration (e.g., three months)].
3. Written Warning
Unlike a verbal warning, a written warning is more serious. When an employee engages
in conduct that warrants a written warning or engages in unacceptable behavior while a
verbal warning is in force, a written warning will be issued. Written warnings are kept in
an employee's personnel file and are valid for specific duration (e.g., three months)].
4. Suspension
Unlike a written warning, a suspension without pay is more serious. When an employee
acts in conduct that justifies a break or engages in unacceptable behavior while a
written warning is in effect, the employee will be suspended. An employee's suspension
will be documented and will last for specific time(e.g., three months)] regardless of the
length of the suspension.

5. Decision-Making Leave
The employee will be penalized and sent home for the day on decision-making leave
following a suspension. This is intended to assist the employee in deciding whether or
not to stay with the organization. If the employee returns, they will be required to work
even harder than before to adhere to the Managements’ policies and continue working
without interruption. Another alternative with this leave is for the employee to resign
because it is not a good fit for them.
6. Termination
When an employee engages in conduct that justifies termination or fails to rectify a
situation that resulted in less severe discipline, they will be terminated.

IX. Legal Requirements
Legal and Taxation Requirements
Wash A Think is a BIR-registered firm, ensuring that the business pays all applicable
taxes on customer purchases.
Registration of Business Name
The Securities and Exchange Commission validated and reserved the name Wash a
Think; the process took one day at a fee of PHP 530.

Business Licenses
Wash A Think is permitted to operate at Nova Square, Novaliches, Quezon City
by Mrs. Ma Josefina Belmonte, 5000 PHP was spent on the accomplishment of
this requirement, which took one day to complete.
Taxation Registration
Wash a Think is a recognized business that is eligible to apply for and obtain a
pre-registered Tax Identification Number. This demand was met in three days at
a cost of PHP 2665.
Industrial Awards
WASH 'A THINK recognizes our employees' efforts, and as an employer, and as an
employer, we are required to provide documents outlining the employment conditions
that we must provide for our employees. The following are the awards that will be given
to our employees:
Awards
13th month pay:The entity grants 13thmonth pay to all eligible rank-in-file employees
equivalent to one (1) one month pay every third week of December of each year.
Employees with (1)month in service during the calendar year shall receive equal to one
month ordinary pay, and employees with less than (1) one month in service bonus, shall
be pro-rated.
Maternity: Daily cash allowance to female employee unable to work due to child birth or
miscarriage. An employee is qualified to avail if she is a SSS member and has paid at
least 3 month monthly contribution. However, the maternity benefit shall be paid only for
the first four (4) deliveries or miscarriages. Maternity benefit is not included in computing
13th month pay.
Pay rates: Daily rate equivalent to 537.00 php (minimum wage) for ordinary day,
additional 30% for special day or schedule rest day, additional 50% for special day
which is also scheduled as rest day, additional 100% for regular holiday, and 169%
additional for regular holiday which is also scheduled as rest day.
Working hours and overtime rates: Scheduled working hours daily is 8 hours. Work
beyond 8 hours is considered overtime. Rate per hour is 25% of pay for the day
divided by the working hour and 30% additional for rest day, special day or regular day.
Holidays: Employees' work hours/days must be tracked because this will be the basis
of their compensation.l If an employee works on a regular holiday, he or she is entitled
to 200 percent of his or her regular salary for the first eight hours.l If an employee does
not work on a given day, he or she will be paid 100% of his or her salary for that day.
Absence: Absence is excused if the employee provides to his or her manager sufficient
notice at least 48 hours in advance of the absence.The absence request is approved in
advance by the employee's supervisor and the employee has sufficient accrued paid
time off (PTO) to cover the absence. Fifteen minutes late is considered late.
Meals break
● 9:00 am-9:15- break time
● 12:00 noon- 12:20 pm - lunch break
● 2:00 pm- 2:15 pm- break time
Medical Insurance
Other Insurance
WASH ‘A Think have responsibilities to protect their employees, which includes a legal
requirement to have employers’ liability insurance. Employers' liability insurance is
designed to protect our employers against the cost of compensation claims, should an
employee injure themselves or become ill as a result of working for them.It also applies
to former employees who have become ill, as a result of something they did in the
workplace, as long as they can prove it was a direct result of their employer's
negligence.
Wash A Think’s duty is to protect the health, safety and welfare of their employees and
other people who might be affected by the business and must also do whatever is
reasonably practicable to achieve this.
Pollution/ Environmental Controls

Wash A Think passed the assessment for the sanitary permit and the fire safety
inspection. The cost of a sanitary permit is PHP150, while the cost of a fire safety
inspection is PHP500. This took one day and ten days, respectively.to be completed.
Other
Additionally, certification from the Department of Labor and Employment and Pag-IBIG
are required to confirm the legality of the Wash A Think organization

X.Action Plans
Our mission is to provide the customer with superb quality liquid hand soap. We
exist to attract and maintain customers. Our services will exceed the expectation of our
customer. This action plan contains steps for achieving the goals and objectives of
WASH' A Think.
Business Establishment
What action To what What policies Who is What tasks Timeline for Support
needs to be standard must or procedures responsible are action mechanism
done? it be done? must be for action? associated
adhered to? with action?
Deciding on a Locating our Adhere to Operation Choose the Sept. 012021 Research
business business will be company department best business - study
location type dictated by operation location that will Nov. 30 2021
local zoning policies and
ordinances in standards (During
the community. planning and
pre operating)
Making sure One of our Adhere to Financial Calculate the Sept. 012021 Finance and
that business major priorities company department possible budget - research
location is will be finding a operation and for the business Nov. 30 2021
within the location that fits financial location
budget within your policies and (During
company’s standards planning and
budget. pre operating)
However, that’s
not all we need
to examine
when it comes
to money.
Considering Keeping our Adhere to Production Reviewing that Sept. 012021 Production
product product in mind company department the product will - staff and
when production fit to the wants Nov. 30 2021 finance
developing the policies and and needs of (During
business standards customers in planning and
location business pre operating)
strategy and location
looking at
options.
Thinking about When Adhere to Sales and Look for the Sept. 012021 Research
vendors and considering the company Purchasing nearest and - study, survey
suppliers options, ask purchasing department cheapest Nov. 30 2021 and price
which location policies and suppliers that monitoring
site makes it control will also provide (During
easier and high quality planning and
cheaper for you materials pre operating)
to get the raw
goods you need
to operate.
Finding a safe Operating a Adhere to Operation Search for a not Sept. 012021 Monitoring by
location business where company Department so expensive - the owner and
wash’a think operation but decent Nov. 30 2021 the manager
company feels policies and place
safe and standards (During
protected planning and
should not be pre operating)
underestimated
. And besides
our own safety
and the safety
of our
employees,
also consider
our business's
safety as well.
Operations
What action To what What policies Who is What task Timeline for Support
need to be standard or procedure responsible are action mechanism
done must it be must be for action associated
done adhered to with action
Preparation of All materials Adhered to Operating Setting up plant Sept. 012021 Maintenance
premises, plant, and equipment company department and equipment - monitoring
and equipment used for plant operation Nov. 30 2021
and production policies and
must meet the standards (During planning and
pre operating)
standard.
(Philippine
National
Standard for
construction
material) for
plant and
equipment for
production
Production of Materials Adhered to Operation Identify the Jan. 01 2022 Production

product needed are company department raw materials - staff, and
approved by production needed, Foreseeable Merchandiser
the FDA. policies and equipment future
procedure needed for
production (as long as the
business is
operating)
Identifying Supplier that Adhere to Purchasing Choose the Nov. 5 2021 Marketing
supplier legally company department supplier of - staff, survey,
registered and purchasing materials Dec.15 2021 price
adhere to the policies and needed based monitoring
prices set by control on quality and (During pre -
operating )
DTI. price.
Preparation In accordance Adhere to Financial Calculate the Oct. 15 2021 Finance study
of budget with company company department possible - and research
policies and financial estimated Dec. 15 2021
standard policies and capital
plan needed to (During pre -
operating)
start a
business
Maintaining In accordance Procedure, Production Maximizing Jan.01, 2022 Inventory

stock/ with company strategies of department raw materials - controller
inventories policies and handling with Foreseeable
standard materials future
(as long as the

business is
operating)
Inventory In accordance Adhere to Sales Compute and Jan.01 2021 Market and
controller with company company department determine the - sale study or
policies and market goals amount of Dec. 30 2021 research
standard and sales sales needed
to achieve
break even
Marketing
Technological
Provides a In accordance
description of to the
the products Consumer Act
specifying its of the
physical, Philippines
mechanical about
and chemical providing
properties safety of the
consumers
Regular In accordance Adhered to Operating Repair and At the whole Maintenance

checking of with the company department maintenance useful life of monitoring
machineries Philippines operation of the the machines
and Standard policies and equipments or equipments
equipment Industrial standards that will be
Classification use
(PSIC)
Human Resources/ Labor Requirements
Additional of For the Undergone a 6 Operating Training them January 01 Human
production staff increase of months training Department on how to 2022 - June 30 Resource
every year production to and proper and HR produce the 2022 Department
be produced. procurement of Manager product
equipments and (6 months
making the period)
hand wash
Analyzing Labor Company’s Adhere to Human Study the January 01 Human

Supply current human company Resource strength of the 2022 - Resource
resources supply current labor Department organization December 31, Department
supply or based on the 2026 and General
employee number of Manager
employees, (During the
their skills, whole
qualifications, operation)
positions,
benefits and
performance
level.
Forecasting External Adhere to Human Consider certain January 01 Human

Labor Demand conditions company’s Resource issues like 2022 - Resource
impacting labor labor demand Department promotions, December 31, Department
demand retirements, 2026
layoffs and
transfer, anything (During the
that factors into whole
the future needs operation)
of a company
Balancing Labor Human Adhere to Human Creates a gap January 01 Human

Demand with Resources company Resource analysis that 2022 - Resource
Supply process in the employment Department lays out specific December 31, Department
forecasting the demand needs to 2026 and staff
employment narrow the
demand supply of the (During the
company’s whole
labor versus operation)
future demand
Developing and Gap analysis Adhere to Human Needs a January 01 Human

implementing company gap Resource budget, the 2022 - Resource
plan analyis Department ablity to December 31, Department
implement the 2026 and other
plan and a departments
collaborative (During the
effort with all whole
departments to operation)
execute the
plan
Management and Organization Structure
What To what standard What Who is What task Timeline for Support
action must it be done policies or responsibl are action mechanism
need to be procedure e for action associated
done must be with action
adhered to
Checking To determine how Adhered to Operating Monitoring Sept. 012021 Maintenance

the employees and staff company department the cash - monitoring
organization’ maximize their working operation and General receipt, Foreseeable
s day to day hours and if they do policies and Manager inventory, Future
operations their duties properly standards stock level of
inventory, (During planning
daily and as long as the
business is
operating operating)
expense.
Product Additional General Research and Jan 01 2023 -

Developmen product to Manager , Development, January 2025
t produce like Operations Developing
body scrub, Manager, another
and skin care Sales product for
products Operations future plans
Manager
Implement To boost General Jan 01 2023 -

Corporate positive Manager and Jan 01 2025
Social influence and All
Responsibility distinguish Departments
(CSR). oneself from
competitors.
Financial Plan and Projections
What action To what What Who is What task Timeline for Support
need to be standard policies or responsible are action mechanism
done must it be procedure for action associated
done must be with action
adhered to
Adhered to Sept. 012021

Crafting a According to company Financial Creating - Financial
solid financial Financial financial department financial Nov. 30 2021 system
plan Planning policies and policies,
Standards standards procedures (During planning
Board and and and pre operating)
other projection.
accounting
standards
Adhered to December 20,

According to company Financial Handling 2021
Mastering
Financial financial department income and -
cash flow Foreseeable Financial
Planning policies and expenditures
projection future
Standards standards properly. system
Board and
other (as long as the
accounting business is
operating)
standards
Adhered to December 20,

Business company Management Have a solid 2021 Management
Sound
Code of management framework for - Mechanism
business
Ethics making major Foreseeable and
practice policies and
business future Maintenance
standards
decisions and and
smaller ones (as long as the monitoring
in every area business is
operating)
of
organization.
Quality Managements
What To what standard What Who is What task Timeline for Support
action must it be done policies or responsibl are action mechanism
need to be procedure e for action associated
done? must be with action
adhered to?
Quality It must be according to The policies Quality Quality The quality Production
Inspection of the recent trends in of the Food Assurer will Assurer shall management Manager and
shall be General Manager
raw the market to ensure and Drug be regularly
conducted
materials the favor of the administration designated inspect the
regularly or
customers. to ensure the for the quality production unannounced as
- legality and management site and point long as the
Quality safety of the of the out any output shall
Inspection of product. product. concerning maintain the
Finished matters and quality that is
goods look for a promised by the
company to its
solution for it.
customers.
Quality There must He/she will Production

inspection of be focus on Manager is
work in established ensuring the the only one
process standard promised that could
operating quality of the access to any
Inspection of procedures product to data that is
health and for any part of the necessary for
safety of the process of customers. the quality
workers the product to inspection
have results.
consistency of
the quality. Production
Managerwill
be liable for
any
manipulation
or fraudulent
information in
the system
that relates to
the quality
management.

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Quezon City University

673 Quirino Highway, San Bartolome, Novaliches Quezon City

The completion of this business plan was made possible through

solicited advice to this study.

necessary works for the completion of our business plan.

and emotional aspects and always guided us in words of wisdom.

doing this business plan.

V.8 List of Suppliers

V.9 Stock Levels

V.10 Purchasing Policies and Controls

V.11 Break-even Analysis

VI. Finance Plan

VI.1 Current Financial Position

VII. Risk Plan

deionized water, sodium lauryl ether sulfate, coco diethanolamide, cocamidopropyl

As we are in the middle of this pandemic, it is important to protect ourselves from

who pass-by and travelers etc.

This chapter comprises the financial projections of the proposed business.

the business will have an initial capital of P 2,000,000. Projected financial

Wash ‘A Think is a partnership type of business that produces hand wash

imply that there's a business that produces a true useful sanitizer.

and hospitals, among other locations.

Figure 1. Front View of Nova Square Mall Building

to our valued customers.

and to expand our sales year after year.

We aspire to be the top liquid hand wash provider, by providing an engaging

growing number of citizens.

Business History / Entry Strategy

product will meet the satisfaction of the customers

Wash ‘A Think type of business ownership is a general partnership. It means that

may face unless otherwise provided by law or in the agreement. It is a partnership in

differ depending on the contribution of its proponents. It will be a partnership of ten

freedom from government control, combining skills, abilities, capabilities, and

world, particularly in developing countries.

difficulties professionally while also helping management in regulating employee

behavior both inside and outside the firm.

I. Employee Relations, Duties and Responsibilities

I.1 Keeping a sense of decency in the workplace

Employees must be respectful of one another. We shall not accept

discrimination, harassment, or victimization. Employees are expected to adhere

performance evaluation, and interpersonal interactions.

I.2 Job Responsibilities and Authority

abuse their positions of authority. We expect them to assign assignments to

their team members depending on their abilities and workload. Similarly, we

competently and on schedule.

All employees must be trustworthy and professional in the workplace.

I.4 Compliance with the law

The legality of our organization must be safeguarded by all employees. All

standards pertaining to the environment, safety, and fair trade must be

our company's funds, goods, alliances, and public image.

II. Client Customer and Guest Relations

Business code of ethics or code of conduct when pertaining to customer dealings as

II.I Client customers and guests should be respected and treated as

always right. The employee must be hospitable to them.

II.II The treatment of guests must not be different to client customers.

treated like a family and always welcome them.

punishment which will be either disciplinary action, suspension or