Members: Alcomendras, John Mark Subject Teacher: Ian Rom Torres

Alcoran, Ranel
Baja, Trisha
Belano, Francis Anne
Cai, Jing Yi
Kamuar, Monera
Olarte, Camille George
Tamondo, Kim Sheena

Your Payable, My Receivable

GROUP RESEARCH
Instructions:
1. Together with your groupmates, make a list of registered businesses in your community or locality
and classify them as to their Type of Organization (Sole Proprietorship, Partnership, Corporation and
Cooperative).
2. Classify them further as to the nature of business they are engaged in (Service, Manufacturing,
Merchandising, etc.)

Name of Business Type of Organization Nature of Business

1. Rag’s Bulaloan Sole Proprietorship Hybrid
2. Pagmanua’s Sari-sari Store Sole Proprietorship Merchandising
3. Fadrigo’s Sari-sari Store Sole Proprietorship Merchandising
4. Gigi Derequito’s Vulcanizing Shop Sole Proprietorship Service
5. Michelle’s Mini Sari-sari Store Sole Proprietorship Merchandising
6. Alit’s Bakeshop Sole Proprietorship Hybrid
7. Mistoso’s Siomai Hauz Sole Proprietorship Hybrid
8. Cortejo’s Isdaan Sole Proprietorship Merchandising
9. Leticia’s Carenderia Sole Proprietorship Hybrid
10. JL Store Sole Proprietorship Merchandising
11. Tubelonia Merchandise Sole Proprietorship Merchandising
12. Farmacia AGDC Sole Proprietorship Merchandising
13. Puno Pharmacy Sole Proprietorship Merchandising
14. Febie Gay Pharmacy Sole Proprietorship Merchandising
15. Chantylee Store Sole Proprietorship Merchandising
16. Buena Gracia Store Sole Proprietorship Merchandising
17. Dayaday’s Bakeshop Sole Proprietorship Hybrid
18. Oshin’s Store Sole Proprietorship Merchandising
19. Cart Hardware Sole Proprietorship Merchandising
20. Chooks to Go Sole Proprietorship Manufacturing
21. Ortega’s Studio Sole Proprietorship Service
22. Ben Clyde Sole Proprietorship Hybrid
23. Pabs Salon Sole Proprietorship Service
24. Ballos Eatery Sole Proprietorship Hybrid
25. Tita Dak’s Bakeshop Sole Proprietorship Hybrid
CONTINUATION….

26. Mernel’s Bakeshop Sole Proprietorship Hybrid

27. Malinao’s Store Sole Proprietorship Merchandising
28. De Guzman’s Store Sole Proprietorship Merchandising
29. Frontyard Tea Hauz Sole Proprietorship Hybrid
30. Balay Bistro Sole Proprietorship Hybrid
31. Flores’ Store Sole Prorietorship Merchandising
32. Daquipil’s Store Sole Proprietorship Merchandising
33. Aprosta’s Services Corporation Service
34. Asuque’s Shop Sole Proprietorship Manufacturing
35. Lydia’s Store Sole Proprietorship Merchandising
36. Alex’s Store Sole Proprietorship Merchandising
37. Navarro’s Store Sole Proprietorship Merchandising
38. Tea Garden Sole Proprietorship Manufacturing
39. Tiendas de Moda Sole Proprietorship Merchandising
40. Cris Bryan Enterprises Corporation Manufacturing
41. Your Shop Fashion Botique Sole Proprietorship Merchandising
42. Humble Bee Sole Proprietorship Hybrid
43. New Marbel Amigo Commercial Sole Proprietorship Merchandising
44. KCC Mall of Marbel Corporation Merchandising
45. Marbel Tiangge Sole Proprietorship Merchandising
46. Peoples General Merchandise Sole Proprietorship Merchandising
47. Peek a Cube Sole Proprietorship Service
48. Roymar Motorcycle and Merch. Corporation Merchandising
49. Ardi Aircon Center and Services Corporation Service
50. M Beauty Salon Sole Proprietorship Service
51. Palawan Pawnshop Corporation Service
52. RD Pawnshop Corporation Service
53. Capilitan’s Bakeshop Sole Proprietorship Manufacturing
54. Tanap Store Sole Proprietorship Merchandising
55. Salomy’s Store Sole Proprietorship Merchandising
56. Hinterland Resort Sole Proprietorship Service
57. Ricopuerto Mini Mart Sole Proprietorship Merchandising
58. Gumapac’s Sari-sari Store Sole Proprietorship Merchandising
CONTINUATION….

59. Salvaña Fashion Botique Sole Proprietorship Merchandising

60. Ganda Ka Salon Sole Proprietorship Service
61. Oberio Vulcanizing Shop Sole Proprietorship Service
62. Itucas Resort Sole Proprietorship Service
63. Lapaz Bachoy Sole Proprietorship Manufacturing
64. Pampag Furniture Shop Sole Proprietorship Manufacturing

3. What nature of business incurred the most? Why do you think it’s the most in the
community?

Out of 64 registered businesses on the list of our survey, 32 businesses were

merchandising. Therefore, the nature of business incurred the most is merchandising. This
is also known as “buy and sell” business in which an owner or merchandising company
purchases goods in bulk that are ready for sale and then sell them to customers at retail
price. It is the most common in the community because this nature of business does not
require lots of resources such as human resource or manpower. Thus, labor cost is lesser
compared to manufacturing and service businesses. Moreover, residents of our community
mostly belong to a working class. They are those people who engage in “manual labor” with
little or no prestige. Hence, merchandising is the best choice for them when starting a
business with small capital but could generate better profits. Lastly, this nature of business is
the most common today because wholesalers do not need to find a supplier for their raw
materials since they will just purchase a ready-made product and add a certain mark-up to
its cost price. Therefore, merchandising is very easy in terms of formation and convenient for
our community who has a lot of start-up businesses.
CONTINUATION….

4. After classifying, what type of organization incurred the most? Why do you think it’s the
most used nature of business in the community?

Based on our survey, there are 57 sole proprietorship type of businesses in the
community. This is the most used type of business because it is simple yet with several
advantages. Sole proprietorship has easy and inexpensive process, few government
regulations, and tax advantages. Hence, in our community sole proprietors are continuously
increasing in numbers because of its ease of formation. It does not require a lot of paper
works and there are less registration fees in the Department of Trade and Industry (DTI).
Moreover, our community has low population density since we are in a rural area hence big
corporate companies do not operate in our area. Lastly, most of the residents are doing
business because of their interest and the hope to provide their family’s daily necessity. Most
of them lack knowledge about forming business like partnerships and corporation since it is
more complicated than sole proprietorship. They need more guidance from the experts. Thus,
seminars and symposium about building a business would be of great help to them.