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Chapter 6
SOCIO-ECONOMIC STUDY

The socio-economic benefits of the proposed project are to help our

localities and farmers of the country and to give healthy lifestyles to the

people.

The main purpose of this aspect is to recognize the importance of the

business in the economy, to determine its contribution and utilizing its

purposes.

All kinds of business expect illegal business contribute to the

municipality economy through paying taxes as well business licenses. This

payment is for the benefit of the people and for making the Municipality of

Pantukan improve. Any business enterprise will help the people of Pantukan

through giving them additional job opportunities.

The proposed business is a small business, but it can generate big

amount of contribution to the locality by paying business permit and licenses

as the requirements of any type of business and the revenues which is taxed

from employees and business income. All these payments are additional

income for the national budget for the government. The main reason why the

proponents decided to have a business is to have an income or profit of the

business and to help the people in the society. Though our business is a small

type yet, it can provide job opportunities for unemployed people in the

community of Pantukan through giving them salaries and wages based on

their output
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In this project we consider the whole part of business especially the

social impact in the community.

 To improve the status of living

 To provides an employment to those who are jobless since the

business hires workers assigned to different activities within as to the

process of production of the product sell.

 To be able to prove that the proposed business will provide benefits to

the people as well as to the government.

 To obey the rules and regulations impose by the government by

availing business permit and other requirements.

 To be able to know if our business can give enough contribution to our

country.
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