Natural Woodworks

A Feasibility Study

Presented to Entrepreneurship Class in Dapitan

General Mariano Alvarez Technical High school

General Mariano Alvarez, Cavite

By
Dapitan’s Boys

May 30, 2023

 TABLE OF CONTENTS

Content

Title Page

Table of Contents

Executive Summary
Business description
Market study
Technical study
Management Study
Financial Study
Socio- Desirability
PART 1: Business Description
I. Proposed Project Name
II. Proposed Project Location
III. Logo
IV. Vision
V. Mission
PART 2: Market Study
I. Market Description
II. Primary Target Market
III. Marketing Strategy

PART 3: Technical Study

I. Production Paradigm

PART 4: Management Study

I. Organizational Structure
II. Form of Organizational Business

PART 5: Financial Study

I. Fixed Cost
II. Variable Cost

PART 6: Socio- Desirability

I. SWOT Analysis
 Executive Summary

Business Description:
The product and service that the business will offer
are covered in this section. Natural Woodwork is a
company that provides a wood service and
product such as, production of cabinets, furniture,
or components such as handles or legs. Also, this
chapter includes the mission and vision, the
proponents of the business, name, location and
the logo.

Market Feasibility:

This section, which contains the Primary Target

Market and the Market Strategy, addresses the
viability of the market
Technical Feasibility:

This chapter discusses the three components of

the production paradigm as well as the company’s
operational flow

Organizational Structure:

This chapter involves on how the project shall be

managed such as the business organization
including the organization chart and function of
each management personnel.

Financial Feasibility:

This chapter provides financial forecasts for the

planned business.
Socio- Desirability Feasibility:

This chapter examines the socioeconomic aspects

of the business. It also includes a SWOT analysis,
which will guide us through our accomplishments

PART I

Business Description

Natural Woodworks is a woodworking company

that sells high-quality wood services. The
business's objective is to make and sell high-
quality wood at affordable prices to people of all
socioeconomic backgrounds. This chapter
discusses the description of the business including
the proposed business name, proposed business
logo, proposed business location, mission and
vision.
Proposed Business Name:

The proposed business name is "Natural

Woodworks," which is made up of the phrases
"natural" and "woodworks." "Natural" means a
person regarded as having an innate gift or talent
for a particular task or activity. "Woodworks" is the
wooden parts of a room or building, such as
window frames or doors and so forth.

Proposed Business Logo:

The organization chose

this logo because it is
straightforward and
appealing.
Proposed Business Location:

The address is General Mariano Alvarez

Congressional Road. Villages and
neighbourhoods, as well as educational
institutions, and people who are all within walking
distance. The major objective of the business is
the people who demand our product or service, as
well as the residents who live nearby.

Mission:

Natural Woodworks' purpose is to establish the

standard in high quality when it comes to
woodworks, as well as to sell excellent quality and
service at a reasonable price to individuals of all
socioeconomic backgrounds.

Vision:

To increase our sales and open new branches

across the country, as well as to keep our
company financially stable.
 PART II

Market Feasibility

Marketing feasibility delves into the industry's

description, present market, predicted future
market potential, competition, sales predictions,
and potential buyers.

Market Description:

Natural woodworks are operated by all of the guys

in our sector, and we supply our service/product
by using our expertise in manufacturing wooden
furniture such as study tables, cabinets, chairs,
and so on.

Primary Target Market:

The organization's primary focus is on consumers

or business owners that require a large quantity of
furniture.
Marketing Strategy:
Our marketing plan is to develop a website or
social media pages so that we can promote our
product on any social media platform and email
our acquaintances, as well as by offering
discounts to clients who are purchasing our
service or product for the first time.

PART III

Technical Feasibility
This comprises the equipment, materials,
construction plan, as well as the source for the
company endeavor.

PRODUCTION PARADIGM

INPUTS TRANSFORMING OUTPUTS

PROCESSS

Labor
:Machine Construction :Table
:Maintenance :Products
:Raw
:Finishing and services
:Materials
:Product- :Furniture
:Natural Making
:Resources :Cleaning
Electricity :Assembling
Finishing
products
 PART IV

Organization and Management

Feasibility

The study of organization and management, which

includes the Organizational Structure, which
describes how activities like task distribution,
coordination, and supervision are directed toward
the fulfillment of organizational goals.

PART V

Financial Feasibility

It comprises monthly expenses, projected

revenue, monthly projected revenue, projected
income statement, and cashflow in this chapter.
 Monthly Expenses

Fix Cost
Rental 7,000
Salaries
Carpenter 10,000
Bank Loan 5,000
Electricity bill 4,500
Water Bill 500

Total Fixed Cost P 27,000

Variable cost
Raw Materials
Types Of Woods 5,000
Finishing Material 1,000
Total Variable Cost P 6,000
 Projected Revenue
Types Costing Projected Daily Revenue Projected Monthly Yearly
Volume Daily Volume Revenue Projected
Monthly Revenue
Table C – P 1,500 5 P 9,000 150 P 270,000 P 3,240,000
M – P 300
SP – P 1,800
Cabinet C – P 800 5 P 5,000 150 P 150,000 P 1,800,000
M – P 200
SP – P 1,000
Chairs C – P 630 5 P 4,150 150 P 124,500 P 1,494,000
M – P 200
SP – P 830
Total 15 P 18,150 450 P 544,500 P 6,534,000

Projected Income Statement

2022 2023
REVENUE 6,534,000.00 6,757,099.00
Cost / Expenses 396,000.00 409,857.00
Projected Net Income 6,138,000.00 6,347,242

Cash Flow
January February March

Cash Balance - 80,000.00 80,000.00 80,000.00

Beginning
Cash in flow 95,324.00 97,324.00 93,324.00
Net Income 175,324.00 177,324.00 173,324.00
Cash out flow 21,000.00 21,000.00 21,000.00
Fixed Cost 27,000.00 27,000.00 27,000.00
Variable Cost 6,000.00 6,000.00 6,000.00
Cash Balance Ending P169,324.00 P 171,324 P 167,324
 Monthly Projected Revenue
January February March April
Revenue 124,399.00 126,399.00 122,399.00 127,399.00
Cost 6,000.00 6,000.00 6,000.00 6,000
Projected Net Profit P 118,399.00 P 120,399.00 P 116,399.00 P 121,399.00

May June July August September

156, 399.00 164,399.00 168,399.00 181,399.00 153,399.00
6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
P 150,399.00 P 158,399.00 P 162,399.00 P 175,399.00 P 147,399.00

October November December TOTAL

157,399.00 159,399.00 168,399.00 P 6,534,00.00
6,00.00 6,000 6,000 P 72,000.00
P 151,399.00 P 153,399.00 P 162,399 P 1,737,788.00

PART VI

Socio- Desirability Feasibility

This chapter contains a SWOT analysis that will
assist us in addressing the problem and
strengthening the business's basis.
 Strength:
It is everyone's need when they lack
or require furniture; also, our location
is close to residences and
commercial buildings, making it
easier for them to purchase a
product or service
Opportunity :
Because everyone needs furniture
for their houses or some business
owners need furniture or services,
our team has a lot of opportunity,
especially since we are close to
residences and commercial
buildings.
Weaknesses:
Sometimes the woods we order
are damaged due to unanticipated
circumstances such as delivering
the wood.
Threat:
Bankruptcy, this occurrence might
force us to close our shop and
insufficient supplies, such as
various types of wood.