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A FEASIBILITY STUDY OF THE ESTABLISHMENT

OF RESORT DE LA BEAU AT PARATONG,

STA. CATALINA, ILOCOS SUR

In partial fulfillment of the requirements

For the subject

Research project

Presented to

The Teachers of the Accountancy, Business and Management (ABM)

Senior High School

Ilocos Sur National High School

Vigan City, Ilocos Sur

by:

Mary Rose Shen R. Laza

Rossette Ann P. Palapala

Dominique Q. Quiocho

Jennybelle F. Reotutar

Christine Jave A. Rutab

2018

ABM| FEASIBILITY STUDY i


ACKNOWLEDGMENT

For the success completion of this work, the students wish to express their

most profound gratitude and appreciation for the assistance extended by the people

who were instrumental in sharing their invaluable time, constant motivation,

inspiration, and pieces of advice particularly to the following:

Mr. Edmund Ragucos, Research Project Teacher, for his constant

motivation and teachings, for without him, this work would not be possible.

Mrs. Cristina A. Ballerta, for her constant motivation and untiring effort in

giving constant reminders, suggestions and pieces of advice during the work

immersion;

Mr. Laurence Pilien, for making the floor plan of the feasibility study, for

without him, the research would not be completed.

To their parents, who inspired them with their love and endless support for

them to continue pursuing their studies and for providing them the necessary

materials, endless support and motivation;

Their relatives, schoolmates, friends and everybody who helped and

encouraged the students, for their love, support and inspiration;

All the people whose name were inadvertently omitted but who contributed

to the completion of the work immersion; and

ABM| FEASIBILITY STUDY ii


Above all, to Almighty God, for His countless and bountiful blessings for

through Him nothing is impossible.

M.R.S.L

R.A.P

D.Q.Q

J.F.R.

C.J.R.

ABM| FEASIBILITY STUDY iii


DEDICATION

This piece of work is wholeheartedly

dedicated to our Almighty Father,

who is the source of enlightenment,

blessings and guidance, we gratefully thank YOU, with all our heart,

for YOU listened to our whisper and prayers,

for YOU have helped us to fulfill our dreams and aspirations,

you served as our strength and motivation,

the foundation of our love and care.

This is also dedicated to

our beloved family for their overwhelming support and

whose words of encouragement ring in our ears;

to our friends and teachers who have supported us,

to Mr. Edmund Ragucos, for helping and guiding us always,

and to our Alma Mater Ilocos Sur National High School.

The success of this is dedicated to all the people who participated

and those who gave us endless support and encouragement.

Shen
Rossette
Miniq
Jenny
CJ

ABM| FEASIBILITY STUDY iv


TABLE OF CONTENTS
Title Page…………………………………………………………………….i
Acknowledgement…………………………………………………………..ii
Dedication…………………………………………………………………..iv
Table of Contents……………………………………………………………v
I. SUMMARY OF THE PROJECT.........................................................................1
A. Name of the Proponents.............................................................................1
B. Business Address........................................ ...............................................1
C. Brief Description of the Project............... ..................................................1
D. Summary of Finding and Conclusion............. ...........................................2
II. MARKET STUDY...............................................................................................4
A. Demand........................................ ........................................ .....................4
B. Supply........................................ ........................................ .......................7
C. Demand, Supply Consolidation........................... ......................................7
D. Marketing Plan...........................................................................................8
III. TECHNICAL STUDY......................................................................................11
A. Size...........................................................................................................11
B. Location....................................................................................................11
C. Technology...............................................................................................12
D. Timing......................................................................................................12
IV. FINANCIAL STUDY.......................................................................................13
A. Assumptions for Financial Analysis of the Project..................................13

B. Calculation Method for Financial Viability..............................................15

i. Income Statement...........................................................................15

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ii. Balance Sheet................................................................................17

iii. Cash Flow Statement...................................................................18

C. Financial Results………………………………………………………..20

V. ECONOMIC STUDY.........................................................................................20

A. Calculation of Economic Viability...........................................................21

B. Economic Result.......................................................................................21

IV. OPERATIONAL STUDY................................................................................21

A. Organizational and Management..............................................................22

i. Personnel........................................................................................22

ii. Legal Requirements.......................................................................23

iii. Duties and Responsibilities..........................................................23

iv. Organizational Chart……………………………………………25

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