MF Complete Paper Final

TABLE OF CONTENTS
Approval Sheet ..................................................................................v
Acknowledgements ............................................................................vi
Project Summary ................................................................................viii
List of Tables ......................................................................................xi
List of Figures ....................................................................................xiv
Chapter 1: Introduction ....................................................................2
1.1 Background of the study ...............................................................2
1.2 The Need .......................................................................................4
1.3 Statement of the Problem .............................................................5
1.4 Objectives of the study ..................................................................5
1.5 Scope and Limitations ...................................................................7
1.6 Significance of the study ...............................................................7
Chapter 2: Organization and Management Aspects .....................8
2.1 Form of Business Organization .....................................................8
2.1.1 Advantages of Organization ..............................................8
2.1.2 Legal Requirements ..........................................................9
2.2 Business Philosophy ......................................................................13
2.3 Personnel Management .................................................................15
i
2.4 Background of key personnel ........................................................15
2.5 Definition of Functions ...................................................................16
2.6 Organizational Structure ................................................................17
2.7 Compensation Plan ........................................................................18
2.7.1 Schedule of Shares ............................................................18
2.7.2 Manpower Requirements ...................................................19
2.7.3 Pre-operating Period............................................................19
Chapter 3: Market Aspects ...............................................................23
3.1 Production/Service Description .....................................................23
3.2 Environmental Scanning ................................................................23
3.3 Market Analysis ..............................................................................24
3.3.1 Demand Analysis ..................................................................24
3.3.2 Projected Demand ...............................................................26
3.4 Supply Analysis ..............................................................................26
3.4.1 Projected Supply ..................................................................27
3.5 Demand and Supply Analysis ........................................................27
3.6 Market Mixed Strategies ................................................................28
3.6.1 Product ................................................................................28
3.6.2 Pricing .................................................................................32
3.6.3 Target Market ......................................................................39
3.6.4 Placement ...........................................................................39
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3.6.5 Promotion ............................................................................42
3.7 Sales Forecast ...............................................................................44
Chapter 4: Technical Aspects ..........................................................50
4.1 Service/Product Process ...............................................................50
4.2 Service Schedule ...........................................................................50
4.3 Equipment ......................................................................................51
4.4 Location ..........................................................................................56
4.5 Land and building ...........................................................................57
4.6 Raw Materials and Supply .............................................................59
4.7 Power Requirements .....................................................................60
4.8 Waste Disposal and Safety Measures ..........................................60
4.9 Summary of Expenses ...................................................................61
Chapter 5: Financial Aspects ...........................................................62
5.1 General Financial Assumptions .....................................................62
5.2 Total Project Cost ...........................................................................62
5.3 Source of Financing .......................................................................63
5.4 Financial Assumptions ...................................................................65
5.5 Financial Projection ........................................................................66
Chapter 6: Socio-economic Aspects ..............................................72
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6.1 Contributions to the Community ....................................................72
6.2 Social Responsibility ......................................................................74
Chapter 7: Finding, Conclusions and Recommendations ............ 76
7.1 Findings ..........................................................................................76
7.1.1 Organization and Management Aspects ............................76
7.1.2 Marketing Aspects ...............................................................77
7.1.3 Technical Aspects ................................................................78
7.1.4 Financial Aspects ................................................................79
7.1.5 Socio-economic Aspects .....................................................79
7.2 Conclusions ....................................................................................80
7.3 Potential Problems .........................................................................81
7.4 Recommendations .........................................................................82
Attachments .......................................................................................84
I. Appendixes ...............................................................................84
A. Location Map .................................................................84
B. Equipment, Tools, and Office Supplies .........................85
C. Gannt Chart ...................................................................89
D. Picture of the group working .........................................89
II. Summary of References ..........................................................91
III. Definition of Terms ....................................................................93
iv
Approval sheet
This feasibility study entitled “Mozzie-Fight”, prepared and submitted by

Maureen C. Esteves, and Mary Adelynne Rance in partial fulfillment of the
requirements for the degree of Bachelor of Science in Entrepreneurship, has
been examined and is recommended for acceptance and approval for Oral
Defense.
_______________________________
Mr. Michael Angelo Reyes, MBA
Adviser
Panel of Examiners
Approves by the Committee Oral Defense with the grade of _______.
_____________________
Mr. Rogel Gean, MBA
_______________________ _______________________
Ms. Rica Mae M. Mamangon Ms. Melanie C. Catacutan
Accepted and approved in partial fulfillment of the requirement for the
degreeof Bachelor of Science in Entrepreneurship.
Date of Oral Defense: June 17, 2023
___________________________________
Dr. Ma. Corazon C. Villanueva CGSP
Dean, College of Business and Management
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Acknowledgement
The completion of the Feasibility Study has been made possible by the superb
guidance, cooperation and participation of all people that surrounds us.
First, we would like to express our sincerest and deepest gratitude to our very
own instructor Professor Michael Angelo Reyes, MBA for sharing his
recommendations, suggestions and his abundant knowledge to us with enough
patience and diligence in helping us meet the essential works for the
completion of our Feasibility study and for believing and allowing us to make
this study as part of our infinite scavenge for knowledge.
We also like to express our sincere gratitude to Mr. Rogel Gean, Ms. Rica Mae
M. Mamangon, and Ms. Melanie C. Catacutan, our panelists, who gave their
comments and recommendations to improve our study.
And we are grateful to our supportive parents that showered us with love and
support in conducting this study. They made us successful in a way that they
extended and lend their hands in accommodating and providing financial
support, and most especially the strength, resilience and inspiration in
everything that we do to achieve excellence.
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We want to acknowledge as well our brilliant customer's spent some time and
effort in cooperating by giving testimonials. And to everyone who helped us
even in small acts of kindness specifically in our own network of peers.
And above all, this study would not be possible without the courage and
guidance given by our Almighty God, who always looks up and secure the
safety of the proponents in conducting this special project.
The Researchers
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Project summary
I. Name of Enterprise: Mozzie-Fight
II. Location: "Mozzie-Fight," is located at Reyes Compound, Zapote V.
Longos, Bacoor, Cavite City.
III. Descriptive Definition of the Project
Our business and product are a candlelight mosquito repellent with the
company name "Mozzie-Fight." Mozzie-Fight is derived from the words
"mozzie"—the common and short term for mosquito in Australia—and
"fight," which means "to face something." To sum up, "Mozzie-Fight" is
about "facing mosquitoes." Mozzie-Fight is made of four natural
ingredients such as lemongrass, oregano, rosemary and peppermint.
The products may be purchased in the main store at Reyes Compound,
Zapote V, Longos, Cavite City, or online through our social media
accounts on Facebook, Twitter, Instagram, and Tiktok. Customers from
faraway areas can now place orders through Shopee and Lazada.
IV. Nature/Kind of Industry
The Moozie-Fight industry is a secondary industry, which is a small-
scale industry since it has a smaller capital investment in plants and
equipment. It would also involve nonstandard products, where both the
number of workers and their skills are lower.
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V. Type of Organization
The type of business organization that will exist is a sole proprietorship.
It is composed of one person who act as the owner in the business.
Everyone agreed to name the business after Ms. Mary Adelynne Rance,
but both parties will have an equal share in the company's revenues.
Therefore, the name of the owner or sole owner will be the same as the
name of the legal entity and all liability arising out of the company is the
sole responsibility of the company owner.
VI. Officer of the Business and their job tasks
The business has two people who will supervise, operate, and do a job,
and they are: (1) the production personnel and (1) the sales personnel.
The specific job tasks of the officers are: Sales Personnel he/she is
responsible for overseeing and managing the sales team and activities
within an organization. He or she is also in charge for developing sales
strategies and setting sales targets in alignment with the overall
business objectives. They analyze market trends, customer needs, and
competition to identify opportunities and formulate effective sales plans.
financial analysis of the business. Production Personnel he/she is
responsible for creating production plans and schedules based on
demand forecasts and available resources. He or She ensures that the
necessary materials are available in the right quantities and at the right
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time to meet production schedules. Maintaining quality standards is a
crucial aspect of candle wax manufacturing.
VII. Project Highlights of Mozzie-Fight
1. Date and period of selling:
• 22nd day of March, the starts of selling.
2. Status summary
The feasibility paper was already defended and revised, and thes
business is still going and blooming.
3. Work packages on this period
• Oral Defense of Feasibility Paper: Completed
• Submission of Revised Paper: Completed
4. Work packages for the next period
• Book binding of the feasibility paper
• Continue selling of products.
5. Key Risk and Issues
• Lack of sources of funding
• Availability of suppliers
• Delays in orders
• Satisfaction with the products
• Natural Calamities: rainy season
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List of Tables
Table 1: The Legal Requirements .......................................................9
Table 2: The Shares of Partners .........................................................19
Table 3: SWOT Analysis ......................................................................24
Table 4: Historical Number of People .................................................25
Table 5: Projected Demand .................................................................26
Table 6: Projected Supply ...................................................................27
Table 7: Demand and Supply Analysis ...............................................27
Table 8: Price of Mosquito Candle Repellent .....................................28
Table 9: Price for Mozzie-Fight Limited Edition Candles ....................30
Table 10: Price for Mozzie-Fight Scented Candle ..............................30
Table 11: List of Online Candle Store .................................................32
Table 12: Costing of Lemongrass Candle Repellent ..........................33
Table 13: Costing of Oregano Candle Repellent ................................33
Table 14: Costing of Rosemary Candle Repellent .............................34
Table 15: Costing of Peppermint Candle Repellent ...........................34
Table 16: Costing of Limited-Edition Candles .....................................35
Table 17: Costing of Eucalyptus Scented Candle ..............................36
Table 18: Costing of Tulips Scented Candle .......................................36
Table 19: Costing of Sakura Scented Candles ...................................37
Table 20: Costing of Lavender Scented Candle .................................37
Table 21: Costing of Hazelnut Scented Candle ..................................38
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Table 22: Costing of Vanilla Scented Candle ......................................38
Table 23: Sales Forecast for the year 2023-2027 ..............................44
Table 24: March Actual Sales and Inventories ...................................44
Table 25: March Actual Sales and Inventories ...................................45
Table 26: Actual Sales for the month of March 2023 ..........................45
Table 27: April Actual Sales and Inventories ......................................46
Table 28: April Actual Sales and Inventories ......................................46
Table 29: Actual Sales for the month of April 2023 .............................47
Table 30: May Actual Sales and Inventories .......................................47
Table 31: May Actual Sales and Inventories .......................................47
Table 32: Actual Sales for the month of May 2023 .............................48
Table 33: June Actual Sales and Inventories ......................................48
Table 34: Actual Sales for the month of June 2023 ............................49
Table 35: Schedule of Partners ...........................................................51
Table 36: Equipment needed for the business ...................................52
Table 37: Tools needed for the business ............................................52
Table 38: Office Supplies needed for the business ............................54
Table 39: Raw Materials and Supply ..................................................59
Table 40: Electricity Load and Computation .......................................60
Table 41: Summary of Expenses ........................................................61
Table 42: Annual Projected Cost .........................................................63
Table 43: Source of Financing ............................................................64
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Table 44: Actual Capital Cost ..............................................................64
Table 45: Income Statement ...............................................................66
Table 46: March Profit and Loss .........................................................67
Table 47: April Profit and Loss ............................................................68
Table 48: May Profit and Loss .............................................................69
Table 49: June Profit and Loss ............................................................70
Table 50: Cash Flow Statement ..........................................................71
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List of Figures
Figure 1: DTI Registration ...................................................................10
Figure 2: Barangay Business Permit ..................................................11
Figure 3: Barangay Micro Business Enterprises ................................12
Figure 4: The design logo ...................................................................13
Figure 5: Business Tagline ..................................................................14
Figure 6: Organizational Structure ......................................................18
Figure 7: Business Gannt Chart ..........................................................22
Figure 8: Facebook Account and Page ..............................................40
Figure 9: Tik-tok Account .....................................................................41
Figure 10: Twitter and Instagram Accounts ........................................41
Figure 11: Shopee and Lazada Accounts ...........................................42
Figure 12: Live Selling and Customers Testimonials .........................43
Figure 13: Location Map .....................................................................57
Figure 14: Physical Store ....................................................................58
xiv
SAN JUAN DE DIOS EDUCATIONAL FOUNDATION INC. – COLLEGE
2772 – 2774 Roxas Boulevard, Pasay City
Higher Education Department
Bachelor of Science in Entrepreneurship
Mozzie-Fight
Reyes Compound Zapote V Longos Bacoor Cavite
Feasibility Study
Group No. 1
Esteves, Maureen C.
Rance, Mary Adelynne V.
Adviser:
Micheal Angelo Reyes, MBA
May 2023
1
CHAPTER I
INTRODUCTION
1.1 Background of the study
A mosquito repellent is a chemical that keeps mosquitoes away from
humans, stopping them from biting and feasting on their blood. The use of
repellent against insects, especially mosquitoes, is more likely to have
developed thousands or millions of years ago. Several researchers conducted
a study to observe the behavior of mosquitoes and how to solve it. In these
studies, different methods have been used to repel biting insects. Some
countries, such as the Native Americans, used plants to repel insects. The
Southern Carrier Tribe used an infusion of common cow parsnip blossoms
rubbed on their bodies to repel flies and mosquitoes. Other people used
burning, like the Colville Indians, who used the stems and leaves of Common
Yarrow as a smudge to keep away mosquitoes. Out of those methods, burning
was the most effective, and because of that, it was carried on by European
settlers.
In ancient Egypt, Herodotus made the first recorded human use of an
insect repellent with the use of an oil from a particularly awful-smelling castor-
oil plant that was burned in lamps. In this observation, documenting the use of
rudimentary bed nets was included too. But in 1946, inventor Samuel Gertler
of the US Department of Agriculture received a patent for DEET
2
(Diethyl-meta-toluamide) as an insect repellent in the form of a cream, lotion,
or powder for use by military personnel in insect-infested areas. And since that,
modern insect and mosquito repellents were born, but at that time, DEET was
not registered for use by the general public until 1957.
The most commonly used repellent was DEET spray (48%), followed
closely by citronella candles (43%), and "natural" repellent sprays (36%). But
many companies have developed a variety of insect repellent products
containing varying concentrations of DEET, such as sprays, sunscreens,
wipes, and sticks. Today, DEET is used by 78 million people in the United
States and 200 million people worldwide each year. In the Philippines,
according to the latest data released on August 20, 2022, the country has
reported a total of 128,346 dengue cases. This compares to the 50,982 total
cases reported during the same period in 2021, or a 152% increase. The
Central Luzon region has reported the most cases with 23,865; followed by the
National Capital Region (NCR) with 12,059; the Central Visayas with 11,936;
and the Western Visayas with 10,366. Philippines Dengue Cases (Aug. 2022)
With the increasing cases of dengue and some other insect-borne
diseases, providing and having a natural mosquito repellent in today's time is
relevant and necessary, both for the country and consumers. Mosquito
repellents are not just helpful but also give a lot of opportunities to everyone
since, based on Allied Market Research, the global mosquito repellent market
3
size was valued at $4.1 billion in 2020 and is estimated to reach $6.0 billion by
2027, with a CAGR of 5.6% from 2020 to 2027. Mosquito repellents rise in the
market.
1.2 The Need
Nowadays, several countries are affected by mosquitoes that spread a
range of illnesses, including malaria, yellow fever, and the most frequent,
dengue. As of now, there are numerous commercial mosquito repellents on the
market. In the Philippines, the most commonly used commercial mosquito
repellents are sprays and lotions, which have an expensive cost and contain
chemicals that may irritate humans. So, in this study, researchers intend to use
natural ingredients in their mosquito candle repellent, such as lemongrass,
oregano, peppermint, and rosemary. Since the ingredients are natural, the
newly created mosquito repellent will be more affordable and environmentally
friendly.
Candlelight mosquito repellent is useful and helps both humans and the
environment since it offers many benefits to those who use and buy it. It also
has natural components at an affordable price that today's generation would
appreciate and enjoy.
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1.3 Statement of the Problem
The researcher aims to develop a natural alternative to mosquito
repellent using herbal plant oil. The research specifically seeks to answer the
following questions:
• How long will the candlelight mosquito repellent be effective?
• Evaluate the market acceptability of candlelight mosquito repellent.
• Compare the prices and costs of popular mosquito repellents with our
candlelight.
1.4 Objectives of the Study
1.4.1 Organization and Management Aspect
• To find out what form of business organization is suited for
establishing a "Mozzie-Fight."
• To understand the organizational structure that would work best
in a specific business.
• To determine the salary scheme to be applied to each employee.
1.4.2 Market Aspect
• To be able to project the demand and supply of the market.
• To make a decision on the company's promotional strategies.
5
• To be aware of the number and capabilities of the competitors.
• To determine the target market for the business.
1.4.3 Technical Aspect
• To know the technical requirements regarding materials, location,
size and layout, labor, equipment, tools, and utilities.
1.4.4 Financial Aspect
• To determine the total projected cost.
• To know how much the initial capital of the business is.
• To determine the type of financing scheme to use.
• To know the rate of return on investment.
1.4.5 Socio-Economic Aspect
• To know the benefits of the proposed business to society.
• To answer the different problems that the firm might encounter.
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1.5 Scope and Limitations
This business, entitled "Mozzie-Fight," was conducted at Reyes
Compound, Zapote V, Longos, Bacoor City, Cavite. The product will be
manufactured at the Reyes compound. The purpose of this business is driven
by the urgent need to protect individuals from mosquito-borne diseases,
alleviate the nuisance caused by mosquitoes, and meet the demand for eco-
friendly repellent at an affordable price. This will be discussed in the following
chapters: Introduction, Organization and Management Aspects, Market
Aspects, Technical Aspects, Financial Aspects, Socio-economic Aspects,
Findings, Conclusions, and Recommendations.
1.6 Significance of the Study
Making decisions is essential, particularly when launching a business. It
gave the researchers more self-assurance and knowledge regarding how to
launch a firm.
The study benefits the researchers by enabling them to improve their
capacity for focused, planned work and ddecision-making This study will act as
a guide and a point of reference for the aspiring business owners and
entrepreneurs as they construct their enterprises.
Since the taxes will be paid, the government also benefited from this
enterprise. This study also acts as a guide for the students performing their
research, particularly those taking business-related courses.
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CHAPTER 2
ORGANIZATION AND MANAGEMENT ASPECT
2.1 Form of Business Organization
A sole proprietorship is the legal type of company organization for
Mozzie-Fight. The convenience of getting legal paperwork was a factor in the
partners' agreement and preference to operate as a sole proprietorship.
Everyone agreed to name the business after Ms. Mary Adelynne Rance, but
both parties will have an equal share in the company's revenues. A sole
proprietorship is a type of unincorporated corporation owned by just one
individual. This is the simplest legal form of business entity. Unlike a
partnership, a sole proprietorship does not create a legal entity other than the
owner. Therefore, the name of the owner or sole owner will be the same as the
name of the legal entity. Therefore, all liability arising out of the company is the
sole responsibility of the company owner.
2.1.1 Advantages of the chosen type of organization
• This form of the organization easily establishes information.
• It allows the partners to share their skills, expertise, and
experience.
• A sole proprietorship is relatively easy to form and much easier
to run than a corporation.
8
• The profits from the business flow directly into the partner’s
personal tax return.
• Business usually benefits from partners who have
complementary skills.
2.1.2 Legal Requirements
Sole proprietorships are required to file articles of business with
the Philippine Department of Trade and Industry (Filipino: Kagawaran ng
Kalakalan at Industriya, abbreviated as DTI), and Barangay Permit is
issued under Section 152 of RA 7160 for a specific purpose: it is required
before the Mayor's Office issues any business permit or license. The
businesses that applied for Republic Act No. 9178 are known as
Barangay Micro Business Enterprise (BMBE). The BMBE Act of 2002
encourages the creation and growth of Barangay Micro Enterprises by
providing incentives and other benefits. Empowering BMBE means giving
Filipinos more jobs and livelihoods and improving their quality of life.
Table 1: The Legal Requirements

Legal Requirements Cost Timeline
Department of Trade and Industry (DTI) 530 1 day
Barangay Permit 200 1 day
Barangay Micro Certificate 0 1 day
Total Amount 730 3 days
9
Figure 1: DTI Registration
DTI, The Philippine Department of Trade and Industry (Filipino:
Kagawaran ng Kalakalan at Industriya, abbreviated as DTI), the
executive branch of the Philippine government tasked with expanding
Philippine trade, industries, and investments as a means of creating jobs
and raising Filipino incomes.
10
Figure 2: Barangay Business Permit
Barangay Business Permit can collect the barangay clearance
fee because “collection of payment” is considered a business activity.
Barangay Permit is issued under Section 152 of RA 7160 for a specific
purpose: it is required before the Mayor's Office issues any business
permit or license.
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Figure 3: Barangay Micro Business Enterprises
Barangay Micro Business Enterprise (Republic Act No. 9178)
provides incentives and other benefits. In addition, the law is primarily
aimed at integrating informal sector microenterprises into the
mainstream of the economy. Registered BMBEs are entitled to the
following incentives.
• Income tax exemption for income arising from company
operations.
• Exemption from minimum wage law (BMBE employees are
entitled to the same social security and medical benefits as other
employees).
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2.2 Business Philosophy
Logo
Figure 4: The design logo
The figure 4 shows the enterprise logo “Mozzie-Fight”. Mozzie-Fight is
derived from ‘mozzie’, a common Australian abbreviation for mosquito, and the
word ‘fight’ which means ‘to deal with something’. In summary, “Mozzie-Fight”
is about “fighting mosquitoes.” The company logo was designed to use the
psychological benefits of color in marketing to attract customers. The company
wants everyone to live a healthy and peaceful life, so the partners decided to
keep the design simple and use green to convey an eco-friendly feel.
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Tagline
Figure 5: Business Tagline
The “Light to fight the bite” product tagline was chosen by the
proponents to express to their customers that the product that they offer is one
of a kind. It has a distinctive feature than the others. It also shows and
encourage the customers to buy, protect and gives relaxation to themselves
and their loved ones.
Vision
In the next five years, the company will be known as the primary
manufacturer of efficient candle mosquito repellent that protects both
individuals and groups of people, enhancing well-being, and enabling people
to live in mosquito-free areas.
Mission
To develop and provide safe, effective, reliable, and cost-efficient
mosquito repellants that protect individuals from mosquito bites, reduce the
transmission of mosquito-borne diseases, and enhance their quality of life.
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2. 3 Personnel Management
The partners of "Mozzie-Fight" will manage the business. There will be
two people who will handle the business operation: one will be in charge of
production, and the other will be in charge of sales. The objective of the
partners’ role selection is to fill the required position based on their
qualifications. The partners' salaries will be given on the 30th of every month.
The starting salary is equally distributed since the business just started.
2.4 Background of Key Personnel
Qualifications of personnel
Sales Personnel
• Male or female, at least 20 years old and above.
• Excellent selling, negotiation and communication skills.
• Maintaining positive business relationships to ensure future sales.
Production Personnel
• Male or female, at least 18 years old and above.
• Have a knowledge of candle waxes and candle making.
• Maintaining a clean workstation and assembling products.
15
• Following production guidelines and specifications.
• Finalizing and packaging products for shipment.
2.5 Definition of Functions
Sales Personnel
The sales personnel are responsible for overseeing and managing the
sales team and activities within an organization. He or she is in charge for
developing sales strategies and setting sales targets in alignment with the
overall business objectives. They analyze market trends, customer needs,
and competition to identify opportunities and formulate effective sales
plans. financial analysis of the business. The sales personnel plays a key
role in building and maintaining strong relationships with key customers.
They may personally handle important accounts and participate in
meetings or negotiations with key clients to strengthen partnerships and
address any customer concerns. The sales manager prepares sales
reports, analyzes sales performance metrics, and presents findings to
senior management. They provide insights on sales trends, opportunities,
and challenges, along with recommendations for improvement.
Production Personnel
The production personnel are responsible for creating production plans
and schedules based on demand forecasts and available resources. He or
16
She ensures that the necessary materials are available in the right
quantities and at the right time to meet production schedules. Maintaining
quality standards is a crucial aspect of candle wax manufacturing.
The production personnel establish and monitors quality control
procedures, conducts regular inspections, and implements corrective
measures to ensure that the products meet the desired quality
specifications. The production manager identifies areas for process
optimization, implements changes, and monitors the effectiveness of
process improvements to increase productivity and minimize waste. He or
she is also in charge of overseeing the production process, which includes
candle dripping, vessel selection, adding wicks, pouring wax, labeling, and
so on. They are also in charge of packing finished products, preparing them
for shipment, and performing inspections on equipment and products to
assure their excellent quality and compliance with manufacturing
standards.
2.6 Organizational Structure
An organizational structure is a diagram showing the hierarchy,
functions, and accountability of the people who occupy the positions. The figure
shows the operating supervisors of the business, starting with the production
manager and other employees under their respective supervision.
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Figure 6: Mozzie-Fight Organizational Structure
2.7 Compensation Plan
2.7.1 Schedule of Shares
The partners agreed that the share will be received every month
is worth 200 pesos, to have allowances that the partners can use. The
starting shares are equally distributed since the business just started. It
was agreed that the total revenue of the Mozzie-Fight Candles business
would be divided annually. The objective of the partners’ selection is to
fill the desired position based on their qualifications.
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Table 2: The shares of partners
Position Monthly Shares Annually Shares

Production Personnel 200 2400
Sales Personnel 200 2400
Total 400 4800
2.7.2 Manpower Requirements
Manpower helps a business ensure that it has a sufficient number
of qualified employees doing the proper task. It also ensures that those
who carry out a specific task do so in an effective and productive
manner. One production worker and one sales assistant are required by
the Mozzie-Fight firm. The production manager is the one who has
control over manufacturing processes and is also involved in the
planning and coordination of the business. The sales manager
contributes to achieving sales targets, building customer relationships,
driving revenue growth, and promoting the success of the business. He
or she is also in charge of processing customers' orders and payments.
2.7.3 Pre-operating Period
2.7.3.1 General Planning for One Month
The business partners have agreed on the type of venture to
launch and are preparing to conduct a feasibility study to determine
the company's viability and marketability.
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2.7.3.2 Project Feasibility Study for Two Weeks
An insect repellent like candlelight mosquito repellent needs a
concise business plan. This study should include the overall concept
and goal of the business, financial information and the projections, a
description of the target market, pricing, equipment and co-owner
details, advertising and the marketing plan.
2.7.3.3 Fund Sourcing for One Week
It will take two weeks to determine each co-owner's capital
distribution and how to obtain cash for the completion of financial
needs for the business's formation.
2.7.3.4 Site Selection for One Week
The proponents will find the best location for the business.
They will also inquire about the cost of the lease rent, the initial down
payment, any reservations, and the accomplishment of all the
business requirements.
2.7.3.5 Securing Business License and Permit for Three Weeks
The co-owners are required to secure license and permits in
order to register the name of the business. They must accomplish all
requirements/documents needed before the business will operate.
20
2.7.3.6 Preparation for the kitchen for Two days
The business space should be appealing to the eye in order to
attract customers; it will be completely furnished for their
convenience.
2.7.3.7 Purchasing of Equipment, Raw Materials and Supply for
Five Days
It will take one month to purchase all necessary equipment,
tools and raw materials needed for the operation of the business.
2.7.3.8 Promotion and Advertisement of Business for One Week
Offer a special discounted price for customers who purchase
the product during the first week of launch period and special
wholesale pricing for customers or businesses that order products in
bulk.
2.7.3.9 Start of Business Operation for Four Days
The completion of all requirements for Mozzie-Fight business
is ready to operate.
21
Figure 7: Mozzie-Fight Business Plan Gannt Chart
22
CHAPTER 3
MARKET ASPECTS
3.1 Production/ Service Description
The Mozzie-Fight, a candlelight mosquito repellent is highly effective
and reliable product designed to protect our customers and loved ones from
pesky insects and their irritating bites. With its natural ingredients such as
lemongrass, oregano, rosemary, and peppermint, our insect repellent provides
long-lasting protection against mosquitoes, ticks, flies, and other biting insects.
Mozzie-Fight is a candlelight mosquito repellent business that offers its clients
and users a natural and healthy repellent. The products may be purchased in
the main store at Reyes Compound, Zapote V, Longos, Cavite City, or online
through our social media accounts on Facebook, Twitter, Instagram, and
Tiktok. Customers from faraway areas can now place orders through Shopee
and Lazada.
3.2 Environmental Scanning
Environmental Scanning refers to the analysis of the inside and outside
environments of an organization. One popular method of environmental
scanning is SWOT analysis. Each letter stands for one area, which are the
strengths, weaknesses, opportunities, and threats. So the business SWOT
analysis is as follows:
23
Table 3: SWOT Analysis
Strengths Weaknesses
• Made of herbal ingredients • Production
• Variety of flavors • Popular brand
• Budget friendly • Variety stores
• Less harmful • Price
• E-commerce
Opportunities Threats
• Increase popularity • Competitors

• Increase sales volume • Financial issues
• Local and global resellers • Natural Risks
• Government policies
• Market Demand
3.3 Market Analysis
3.3.1 Demand Analysis
The demand analysis is intended to determine the pattern of
consumption for the product or service and the market characteristics in
the past to predict what will happen to the consumption pattern in the
future. The services and products to be provided are determined by
customer demand. Customers are looking for a service or a product that
will meet their wants and needs. The "Mozzie-Fight" goal is to provide
customers with products that are safe, clean, relax them, and repel
mosquitoes. For the proponents to be successful, the business
determines what the customers expect to receive, and the proponents'
24
role is to develop and improve the products and services to meet the
customers' expectations.
Table 4 shows historical demand based on the number of persons
in the area where the firm operates beginning in 2016. In 2016, there
were 19,537 individuals with the target market of 971 people. There
were 19,737 people in 2017 with the target market of 1,032. There were
19,938 people in 2018 with the target market of 2,241. On the other
hand, there were 20,141 persons in 2019 with the target market of
2,444 and finally, in 2020, the population fell to 19,117 with the target
market of 2,654. The projected demand increased by 1.02% annually.
Table 4: Historical Number of People for the year 2016-2020
Total Number of Target Market Aged

Years People (20-80 years old)
2016 19,537 971
2017 19,737 1,032
2018 19,938 2,241
2019 20,141 2,444
2020 19,117 2,654
Increase 1.02 % Source: Zapote V, Bacoor, Cavite population
25
3.3.2 Projected Demand
Table 5: The Projected Demand for the year 2023-2027
Total Number of Target Market Aged

Years People (20-80 years old)
2023 25,445 3,399
2024 27,990 3,671
2025 30,789 3,965
2026 33,868 4,282
2027 37,255 4,625
Increase 8% annually (Target Market)
In the year 2023, it has a projected demand of 25,445 with a
target market of 3,399. For the year 2024, there are 27,990 projected
demands, with a target market of 3,671. On the other hand, for the year
2025, the projected demand is 30,789 with a target market of 3,965. In
2026, the projected demand was 33,868 with a target market of 4,282,
and in 2027, the projected demand was 37,255 with a target market of
4,625. The projected demand increased by 8% annually.
3.4 Supply Analysis
The "Mozzie-Fight" supply will be determined by the projected number
of cases per year in the target market. The proposed business would provide
its consumers with the most effective mosquito candle repellent. The company
focuses on supplying these products to clients at a fair price.
26
3.4.1 Projected Supply
Table 6: The Projected Supply of the business
Years Total Number of People

2023 1,227
2024 1,350
2025 1,485
2026 1,633
2027 1,796
Increased 10% annually Source: Bacoor City Dengue Cases
The projected supply for the year 2023 will be 1,227. As for the
year 2024, the projected supply will be 1,350. For the year 2025, there
will be an increasing number of supplies which is 1,485. On the other
hand, there will be 1,634 for the year 2025. Lastly, in the year 2027, the
expected projected supply will be 1,796.
3.5 Demand and Supply Analysis
Table 7: The Demand and Supply Analysis from year 2023 - 2027.
Year Demand Supply D-S Gap Percent Unsatisfied

G=D-S U=G/DX100
2023 25,445 1,227 24,218 95.18%
2024 27,990 1,350 26,640 95.18%
2025 30,789 1,485 29,304 95.18%
2026 33,868 1,633 32,235 95.18%
2027 37,255 1,796 35,459 95.18%
Table 7 shows the relationship between the supply and demand
and the unsatisfied demands for the years 2023-2027. For the year
2023, the unsatisfied demand is 95.18%
27
3.6 Market Mixed Strategies
3.6.1 Product
Our product is a candle-light mosquito repellent with the company
name "Mozzie-Fight." This product is made of four natural ingredients
such as lemongrass, oregano, peppermint and rosemary. The product
will be sold at the Reyes Compound, Zapote V, Longos, Bacoor, Cavite,
and through social media. As the product is not just an ordinary candle
but also a repellent, the pricing of each variant will be given at an
affordable price that ranges from P55.00 to P195.00.
The 75 ml mosquito candle repellent will last one week when it is
used six (6) hours a day. For the 350 ml scented candle, it will last three
weeks when it is used six (6) hours a day.
Table 8: The Price for the Mosquito Candle Repellents.
Product Picture Description Price
Lemongrass A candlelight 55.00

mosquito
repellent made
of lemongrass.
28
Oregano A candlelight 55.00
mosquito
repellent made
of oregano.
Rosemary A candlelight 55.00

mosquito
repellent made
of rosemary.
Peppermint A candlelight 55.00

mosquito
repellent made
of peppermint.
29
Table 9: The Price for Mozzie-Fight’s Limited Edition Candle Set
The first-ever
limited-edition
Candle candle set was 195.00
Limited launched during
Edition Holy Week. It
consists of three
scented candles,
such as Sakura,
Lavender, and
Vanilla.
Table 10: The Price for Mozzie-Fight’s Scented Candle (Big Jar)
Eucalyptus Big jar scented 180.00

candle made of
eucalyptus oil.
Lavender Big jar scented 180.00

candle made of
Lavender oil.
30
Sakura Big jar scented 180.00
candle made of
sakura oil.
Tulip Big jar scented 180.00

candle made of
tulip oil.
Vanilla Big jar-scented 185.00

candle made of
vanilla oil.
Hazelnut Big jar-scented 190.00

candle made of
hazelnut oil.
31
3.6.2 Pricing
The pricing strategy, among other things, considers market
conditions, consumer willingness to pay, competitor activity, and input
costs. The natural account will be determined by the account segments,
which include assets, liabilities, expenses, and so forth. According to the
economic principle of ability to pay, the amount of tax paid should

depend on how much of a burden it will place on an individual's wealth.
The market situation includes information about the quantity of
competitors in a specific market, the level of competition, the total market
available, and the rate of market expansion. Any business that competes
with another is said to be taking competitor action.
The pricing strategy that the business used is penetration
strategy where it set a low price to enter a competitive market and raise
it later. According to the business' market research, the following lists
are the competitors that have different set of prices of scented candles
in the market. In this list, the business came up in having a penetration
strategy.
Table 11: Costing of Lemongrass Candle Repellent
Competitors Description Price

Young Living Habits 30 ml scented candle 79
Pabrika Candles 50 ml scented candle 79
Lumi Candles 100 ml scented candle 480
Wonder Candles 100 ml scented candle 197
Tealight Candles 50 ml scented candle 80
Source: Online Candle Store
32
Table 12: Costing of Lemongrass Candle Repellent
Mozzie-Fight Costing
Lemongrass Candle Repellent
Materials Unit Used Unit Price Total Price
Shot glass 100 ml 100 ml 10 10
Wax 454 ml 50 ml 108 12
Essentials
Oils 30 ml 2 ml 149 10
Wicks 2 inches 2 inches 2 2
Stickers 24 pcs 1 pc 2 2
Total 36
Gross Margin 53%
Price 55.08
Table 13: Costing of Oregano Candle Repellent
Oregano Candle Repellent
Shot glass 100 ml 100 ml 10 10
Wax 454 ml 50 ml 85 9
Essentials
Oils 30 ml 2 ml 248 16
Total 39
Gross Margin 42%
Price 55.38
33
Table 14: Costing of Rosemary Candle Repellent
Rosemary Candle Repellent
Shot
glass 100 ml 100 ml 10 10
Wax 454 ml 50 ml 85 9
Essentials
Oils 30 ml 2 ml 214 14
2
Wicks inches 2 inches 2 2
Total 37
Gross Margin 48%
Price 54.76
Table 15: Costing of Peppermint Candle Repellent
Peppermint Candle Repellent
Shot
glass 100 ml 100 ml 10 10
Wax 454 ml 50 ml 85 9
Essentials
Oils 30 ml 2 ml 143 10
2
Wicks inches 2 inches 2 2
Total 33
Gross Margin 68%
Price 55.44
34
Table 16: Costing of Limited Candle Edition
Mozzie-Fight Limited Edition Costing

Paraffin Wax 1000 ml 103 ml 150 15.38
Soy Wax 1000 ml 75 ml 250 4.95
Jar 75 ml 2 ml 12 36
Stickers 1 pc 1 pc 2 6
Vanilla Oil 30 ml 2 ml 159 10.6
Lavender Oil 30 ml 2 ml 130 9.34
Sakura Oil 30 ml 2 ml 140 8.66
93.93
Packaging
Craft Paper 1pc 1pc 2 2
Card 1 pc 1 pc 3 3
Transportation 31
36
Total 129.93
Gross
Margin 50%
Retail
Price 195
35
Table 17: Costing of Eucalyptus Scented Candle
Eucalyptus Scented Candle
Soy Wax 1000 ml 111 ml 250 16.65
Essential Oil 30 ml 8 ml 150 40
Wicks 1 pc 1 pc 75 3
Jar 350 ml 350 ml 25 25
Honeycomb 4 inches 4 inches 2 2
Total 119.4
Gross Margin 51%
Retail Price 180
Table 18: Costing of Tulips Scented Candle
Tulips Scented Candle
Soy Wax 1000 ml 111 ml 250 27.75
Essential Oil 30 ml 8 ml 138 36.8

Jar 350 ml 350 ml 25 25
Honeycomb 1 pc 1 pc 2 2
Total 116.2
Gross Margin 55%
Retail Price 180
36
Table 19: Costing of Sakura Scented Candle
Sakura Scented Candle
Soy Wax 1000 ml 111 ml 250 27.75
Jar 350 ml 350 ml 25 25
Total 116.76
Gross Margin 54%
Retail Price 180
Table 20: Costing of Lavender Scented Candle
Lavender Scented Candle
Soy Wax 1000 ml 111 ml 250 27.75
Jar 350 ml 350 ml 25 25
Total 114.04
Gross Margin 58%
Retail Price 180
37
Table 21: Costing of Hazelnut Scented Candle
Hazelnut Scented Candle
Soy Wax 1000 ml 111 ml 250 27.75
Jar 350 ml 350 ml 25 25
Total 125
Gross Margin 52%
Retail Price 190
Table 22: Costing of Vanilla Scented Candle
Vanilla Scented Candle
Soy Wax 1000 ml 111 ml 250 27.75
Jar 350 ml 350 ml 25 25
Total 121.8
Gross Margin 52%
Retail Price 185
38
3.6.3 Target Market
The main focus of the business is to cater to individuals aged 20
to 80 residing in M. Reyes Compound, Zapote V, Longos, Bacoor
Cavite. Additionally, the business aims to target online customers and
the local community surrounding the area, as they have the potential to
become future customers. Furthermore, the business also considers
employees and students of San Juan De Dios Education Foundation,
Inc., College as part of the tertiary target market, recognizing them as
potential future customers.
3.6.4 Placement
The business operates a physical store (kiosk) situated in M Reyes
Compound, Zapote V, Longos, Bacoor Cavite. To expand its reach and
attract potential customers beyond the local area, the business will utilize
the social media as a platform. By leveraging internet, the business can
connect with interested customers who are located farther away from the
physical store. To facilitate this, the business proponents will establish an
official Facebook page, an Instagram, Shopee and Lazada account.
These social media platforms will serve as channels for loyal customers
to stay informed about the latest updates, including new products and
promotional offers. The business's contact number and location will be
prominently displayed on these platforms, making it easier for customers
39
to reach and locate the business. Prior to the opening day, the proponents
will actively post on their social media accounts to generate anticipation
and awareness among their online audience.
Figure 8: Facebook Account and Facebook Page
40
Figure 9: Tik-tok Accounts
Figure 10: Twitter and Instagram Accounts
41
Figure 11: Shopee and Lazada Account
3.6.5 Promotion
To promote the business, the proponents have designed two
attractive offers. The first offer is a complimentary candle in the scent of
the customer's choice for purchases of more than 20 but not less than
70 pieces of merchandise. This promotion rewards customers with a free
candle, enhancing their shopping experience.
The second promotion involves a 5% discount on purchases
exceeding 50 products or more. This discount encourages customers to
buy in larger quantities by saving them money and offering a reward for
bulk purchases.
42
The other promotion that the business used was online selling
through their Facebook account and by posting the customers
testimonials. The customer testimonials serve as business evaluation
that helps in market accessibility of the product.
Figure 12: Live Selling and Customers Testimonials
43
3.7 Sales Forecast
The projected sales for each year will be based on the selling price of the
product multiplied by the quantity of supply available for the year.
Table 23 shows the detailed services offered by the companies and their
market shares. Table 23 reveals the project sales for the projected sales for the
years 2023 – 2027. Total sales for the year 2023 will be 1,331,990 and increase
to 2,872,179 in the year 2027. The price increase rate 10% annually.
Table 23: Sales Forecast for the year 2023 - 2027.
Year Gap x Price Sales Forecast

2023 24,218 55 1,331,990
2024 26,640 61 1,625,040
2025 39,304 67 1,963,368
2026 32,235 74 2,385,390
2027 35,459 81 2,872,179
Increase 10% (Price)
Table 24: Actual Sales and Inventories for the month of March 2023
MOZZIE-FIGHT INVENTORY BATCH 1

(March 20-26, 2023)
VARIANTS PRODUCED SOLD SALES NET SALES
Oregano 18 18 990 990
Lemongrass 18 18 990 990
Rosemary 18 18 990 990
Peppermint 18 18 990 990
Total 72 72 3960 3960
44
Table 24 shows the detailed sales and inventories batch 1 for the of
March 20 to 26, 2023. The total sales for batch 1 are 3960 with 72 pieces candle
repellent sold.
Table 25: Actual Sales and Inventories for the month of March 2023

(March 27-31, 2023)
Oregano 9 9 495 495
Lemongrass 27 27 1485 1485
Rosemary 27 27 1485 1485
Total 72 72 3960 3960
Table 25 shows the detailed sales and inventories batch 2 for of March
27 to 31, 2023. The total sales for batch 2 are 3960 with 72 pieces candle
repellent sold.
Table 26: Actual Sales for the Month of March 2023
MOZZIE-FIGHT MARCH SALES

March 20-26, 2023 3960
March 27-31, 2023 3960
Total 7920
Table 26 reveals the sales for the month of March 2023. The total sales
for batch 1 are P3,960 and for batch 2 are P3,960 sales. The total sales for the
month of March 2023 will be P7,920 with 144 pieces sold.
45
Table 27: Actual Sales and Inventories for the month of April 2023
MOZZIE-FIGHT INVENTORY LIMITED EDITION

(April 03-14, 2023)
Limited Edition 10 10 1950 1950
Table 27 shows the detailed sales and inventories for limited edition for
the month of April 03-14, 2023. The total sales for limited edition are 1950 with
10 pieces sold.
Table 28: Actual Sales and Inventories for the month of April 2023

(April 17-22, 2023)
Oregano 27 27 1485 1485
Lemongrass 45 45 2475 2475
Rosemary 45 45 2475 2475
Peppermint 27 27 1485 1485
Total 144 144 7920 7920
Table 28 shows the detailed sales and inventories for batch 3 for the
month of April 17-24, 2023. The total sales for batch 3 are P7,920 with 144
pieces candle repellent sold.
Table 29: Actual Sales for the month of April 2023
MOZZIE-FIGHT APRIL SALES

April 03-14, 2023 1950
April 17-22, 2023 7920
Total 9870
46
Table 29 reveals the sales for the month of April 2023. The total sales
for limited edition are P1,950 and for batch 3 are P7,920 sales. The total sales
for the month of April 2023 will be P9,870 with 154 pieces sold.
Table 30: Actual Sales and Inventories for the month of May 2023

(May 1-8, 2023)
Oregano 18 18 990 990
Rosemary 18 18 990 990
Total 72 72 3960 3960
month of May 1-8, 2023. The total sales for batch 4 are P3,960 with 72 pieces
candle repellent sold.
Table 31: Actual Sales and Inventories for the month of May 2023

(May 14-31, 2023)
Eucalyptus 6 6 1080 1080
Lavender 6 6 1080 1080
Sakura 6 6 1080 1080
Tulip 6 6 1080 1080
Vanilla 6 6 1110 1110
Hazelnut 6 6 1140 1140
Total 36 36 6570 6570
47
month of May 14-31, 2023. The total sales for batch 5 are P6,570 with 36 pieces
scented candle sold.
Table 32: Actual Sales for the month of May 2023
MOZZIE-FIGHT MAY SALES

May 1-8, 2023 3960
May 14-31, 2023 6570
Total 10530
Table 32 reveals the sales for the month of May 2023. The total sales
for batch 4 are P3,960 and for batch 5 are P6,570 sales. The total sales for the
month of May 2023 will be P10,530 with 108 pieces sold.
Table 33: Actual Sales and Inventories for the month of June 2023

(June 1-9, 2023)
Lavender 4 4 720 720
Sakura 4 4 720 720
Tulip 4 4 720 720
Vanilla 4 4 740 740
Hazelnut 4 4 760 760
Total 24 24 4380 4380
48
month of June 1-9, 2023. The total sales for batch 6 are P4,380 with 24 pieces
scented candle sold.
Table 34: Actual Sales for the month of June 2023
MOZZIE-FIGHT JUNE SALES

June 1-9, 2023 4380
Total 4380
Table 34 reveals the sales for the month of June 2023. The total sales
for batch 6 are P4,380 with 24 pieces sold.
49
CHAPTER 4
TECHNICAL ASPECTS
4.1 Service/Product Process
The Mozzie-Fight service specializes in providing customers with top-
notch candlelight mosquito repellents that are of high quality, healthy, and
offered at reasonable prices. Customers who are interested in learning more
about the service can directly contact the business's co-owners. Conveniently
located in Reyes Compound, Zapote V, Bacoor City, Cavite, customers can
visit the establishment and inquire about the pricing of the available candles at
the cashier's counter. After selecting their desired candles, customers proceed
to the cash register to complete the payment process. Once the billing is
settled, customers can now enjoy their chosen candles and benefit from their
mosquito-repellent.
4.2 Service schedule
The Mozzie-Fight operates from Monday to Saturday, excluding
holidays. To ensure smooth operations, the business partners have
established staggered schedules, allowing for more efficient work processes
and timely completion of production and shipments. The production workers'
schedule is from 8 a.m. to 5 p.m., enabling them to fulfill their tasks effectively.
On the other hand, the sales staff's duty shift begins at 9 a.m. and ends at 6
50
p.m., ensuring that customers are attended to during their preferred hours of
visit. This kind of synchronized scheduling improves business productivity and
customer service.
Table 35: Schedule of Partners
Position Time of Schedule
Production Personnel 8: 00 AM - 5:00 PM
Sales Personnel 9: 00 AM - 6:00 PM
Note: All employees are entitled to have 1-hour break and rest day.
4.3 Equipment
To ensure the provision of high-quality services and products, the
Mozzie-Fight establishment requires various equipment for preparation
and development. These essential tools and equipment are instrumental in
the success of the business. The proponents will acquire the following
items as deemed necessary for smooth business operations, as well as for
maintaining cleanliness and orderliness within the establishment.
51
Table 36: Equipment needed in the business.
Descrip Picture Supplier Qnty Price Total

tion
LPG MGM Gas 1 1,050.00 1,050.00

Tank
Total Amount 1,050.00 1,050.00
Table 37: Tools needed for the business.
Description Picture Supplier Qnty Price Total
Casserole Pot Surplus 1 250 250

Shopping
Center
52
Weighing Surplus 1 50.00 50.00
Scale Shopping
Center
Thermo Mariposa 1 85.00 85.00

Materials
Meter Supplier
Wick Bar Mariposa 35 57.00 57.00

Materials
Supplier
Uniwide
Pouring Store 1 200.00 200.00
Pitcher
Heat gun Mariposa 1 200.00 200.00

Materials
Supplier
Total Amount 842.00 842.00
53
Table 38: Office Supplies needed in the business.
Description Picture Supplier Qnty Price Total
Order Slip Borderline 1 48.00 48.00
Ballpen Borderline 3 8.00 24.00
Glossy sticker Borderline 1 46.00 46.00

paper
10
sheets/pack
Paper sheets Borderline 1 40.00 40.00

10
sheets/pack
54
Tape Eco-box 2 40.00 40.00
Supplier
Craft Paper Eco-box 1 129.00 129.00

Packaging Supplier
Honeycomb Eco-box 1 110.00 110.00

Paper Supplier
Packaging
Jute twine Eco-box 1 76.00 76.00

ribbon Supplier
Fragile Eco-box 1 89.00 89.00

warning Supplier
stickers
Thank you Eco-box 1 17.00 17.00

stickers Supplier
55
Warning Eco-box 1 22.00 22.00
stickers Supplier
Total Amount 625.00 641.00
4.4 Location
Mozzie-Fight is located at Reyes Compound, Zapote V, Bacoor City,
Cavite. The place is accessible by all kinds of land transportation. It is also in a
good location because it is surrounded by houses and near the barangay hall.
The location has many potential customers that may buy the business's
products.
Directions:
The Mozzie-Fight is situated in Reyes Compound, Longos, Bacoor,
Cavite. To conveniently reach the location, start by walking from San Juan De
Dios Educational Foundation Inc.—College until you reach Baclaran church.
From there, take a jeepney bound for Zapote, Jollibee, or Southmall. This
jeepney route will directly lead you to the Mozzie-Fight location. Ask the
jeepney driver to drop you off when you arrive in Longos, and proceed to enter
56
the compound. You'll be able to see signage that will direct you to the
establishment's precise location.
Figure 13: The location map of the business.
4.5 Land and building
The business is situated on a 10x10 square foot plot of land, which is a
commonly used size for kiosks. It is located in an open area surrounded by
residential houses. Additionally, the proximity to various establishments such
as the barangay hall, the elementary school in Longos, and other
establishments like the Zapote Public Market and the Lying Clinic adds to its
advantageous location. The area is populated by families, students, and other
staff members, offering a significant potential customer base. This
advantageous location enhances the business' sales potential due to the
considerable number of consumers it can cater to.
57
Figure 14: Physical Store
4.6 Raw materials and supply
Raw materials are materials used in the primary production or
manufacturing of goods. They are often referred to as "commodities," which
are bought and sold on commodities exchanges worldwide. These raw
materials will define the capability of the business to provide the best product
to the customers. The table below shows the list of raw materials and supplies.
58
Table 39: The raw materials needed in the business.
Raw Materials Quantity per UOM Unit Cost Cost per month
Month
Soy Wax 4 kilo 250.00 1,000.00
Paraffin wax 4 kilo 150.00 600.00
Oregano oil 30 ml 248.00 496.00
Lemongrass oil 30 ml 149.00 298.00
Rosemary oil 30 ml 214.00 428.00
Peppermint oil 30 ml 143.00 286.00
Eucalyptus oil 30 ml 150.00 150.00
Lavender oil 30 ml 130.00 130.00
Tulip oil 30 ml 13.00 138.00
Sakura oil 30 ml 140.00 140.00
Hazelnut oil 30 ml 171.00 171.00
Vanilla oil 30 ml 159.00 159.00
Candle Dyes 6 pcs 25.00 150.00
Shot glass 252 pcs 120.00 2,520
Small Jar 30 pcs 12.00 360.00
Big Jar 60 pcs 100.00 1,500.00
Wicks 50 pcs 75.00 150.00
Wick Tabs 100 pcs 95.00 95.00
Candle Wick 10 pcs 25.00 50.00
Stickers
Total Amount 2,369.00 8,821.00
59
4.7 Power requirements
The lighting equipment will be for the convenience of both consumers

and employees.
Table 40: The load and computation of the electricity in the business.
Utility Watts Voltage KWH Monthly Annual

Fluorescent
15 220 12KWH 180 2,160
Light
4.8 Waste Disposal and Safety Measures
The waste of the business is divided into two bins: biodegradable and
non-biodegradable. In order to prevent accidents, workers are responsible for
taking precautionary actions by working gently and safely. Cooperation among
workers is very important to avoid trouble with other workers and minimize
possible problems that may occur. By taking these measures, the business
hopes that accidents and unnecessary situations will be eliminate.
60
4.9 Summary of Expenses
The table below will show a summary of the expenses that the business
will incur.
Table 41: Summary of Expenses.

Annual
Category Unit Cost Monthly Expenses
Expenses
Equipment
1,050.00 263.00 3,156.00
Tools
842.00 210.50 2,520.00
Office Supplies
641.00 160.25 1,923.00
Raw Materials
2,369.00 8,821.00 105,852.00
Utilities Expenses
15.00 180.00 2,160.00
Salaries Expenses
200.00 400.00 4,800.00
Permit and Licenses
730.00 730.00 1,000.00
Total Amount
5,922.00 10,764.75 121,411.00
61
CHAPTER 5
FINANCIAL ASPECT
The financial aspect determines the cost of the project and cash
requirement, the source, and the cost of financing. Financial projections are
made for at least five years.
5.1 General Financial Assumptions
For an effective and efficient management of the business, a careful
study and analysis of the financial statement were made to ensure solvency,
stability, as well as the profitability of the project.
1. Operating Expense
The depreciation for the equipment, tools and office supplies will
be 10%. The utilities will increase by 10% annually. The pre-operating
cost will be added directly to the expense during the first year of
operation.
5.2 Total Project Cost
The partners will have a starting annual capital of 121,531.00, part of
which will be used for pre-operating expenses amounting to 6,000.00, capital
expenditures of 5,676.00, and working capital of 109,855.00. The breakdowns
of this total project cost and investment are as follows
62
Table 42: Annual Projected Cost
Mozzie-Fight
Annual Projected Cost
Pre-operating Expenses
Feasibility Study 5,000
Permit Licenses 1,000
6,000
Capital Expenditure
Equipment 3,156
Tools 2,520
5,676
Working Capital
Office Supplies 1,923
Raw Materials 105,852
Utilities 1,080
Contingency Fund 1000
109,855
Total 121,531
5.3 Source of Financing
The proposed project study shall be financed through the capital
contribution of the partners at 100% of the required capital fund, for a total of
P10,500.00.
63
Table 43: Source of Financing
Name of Partners Contribution Source
Mary Adelynne Rance 5,250 Personal Savings
Maureen Esteves 5,250 Personal Savings
Total 10,500
Table 44: Actual Capital Cost
Actual Capital Cost
List of Supplier Cost

Eco-box Supplier 97
Mariposa Supplier 640
Cycleina Wax Supplier 2100
Chandlers Oil Supplier 2148
Cindy Jar Supplier 4020
Total: 9,005
List of Merchandise Cost

Pouring Pitcher 200
Gas 1,050
Permit 200
Transportation 45
Total: 1,495
Total Cost: 10,500
64
5.4 Financial Assumption
In conducting the financial study of the proposed project study, several
assumptions have been made. These are the following:
• The partners started with a capital of P10,500, with equal contribution of
cash as initial asset.
• Profits and (losses) agreement are as follows:
o Equally shared by the partners.
o Target Profit for the first month is P1,500 and to increase monthly
by 10%.
• The business will run for 3 months starting March 20, 2023.
• Pre-selling period is month of March 1, 2023.
• All sales and purchases are cash basis. These include sales and
purchases via G-cash.
65
5.5 Financial Projection
The projected Income Statement and Cash Flow Statement for five
years are shown on the following:
Table 45: Income Statement
Mozzie-Fight Income Statement

2023 2024 2025 2026 2027
Sales 132,592.20 145,855.00 160,441.00 176,485.00 194,134.00

Cost of Good
Sold 78,836.04 86,720.00 95,392.00 104,931.00 115,427.00
Gross Profit 53,756.16 59,135.00 65,049.00 71,554.00 78,707.00
Operating Expenses
Permit and
License 730.00 200.00 200.00 200.00 200.00
Equipment 3,156.00 3,472.00 3,819.00 4,201.00 4,621.00
Tools 2,520.00 2,772.00 3,049.00 3,354.00 3,689.00
Utilities 2,160.00 2,376.00 2,614.00 2,875.00 3,163.00
Office 1,923.00 2,115.00 2,327.00 2,560.00 2,818.00
Salaries 4,800.00 5,280.00 5,808.00 6,389.00 7,028.00
Depreciation 284.00 312.40 343.00 377.00 415.00
15,573.00 16,527.40 18,160.00 19,956.00 21,934.00
Net Income 38,183.16 42,607.60 46,889.00 51,598.00 56,773.00
66
Table 46: Profit and Loss for the Month of March
MOZZIE-FIGHT PROFIT AND LOSS

AS FOR MONTH OF MARCH 2023
MOZZIE-FIGHT REPELLANT CANDLES
RETAIL FINISHED
PRODUCT NAME COGS SOLD
PRICE GOODS
Oregano 55 39 27 27
Rosemary 55 37 45 45
Total 220 145 144 144
PROFIT AND LOSS

Gross Sales 7920
Cost of Good Sold 5229
NET SALES 2691
OPERATING
EXPENSES
Allowances 400
LPG 263
Utilities 210
Transportation 45
TOTAL OPEX 918
NET INCOME/LOSS 1773
67
Table 47: Profit and Loss for the Month of April

AS FOR MONTH OF APRIL 2023
MOZZIE-FIGHT REPELLANT CANDLES
PRODUCT NAME RETAIL PRICE COGS FINISHED GOODS SOLD
Oregano 55 39 27 27
Limited Edition 195 99 10 10
Total 415 244 154 154
PROFIT AND LOSS

Gross Sales 9870
NET SALES 3651
OPERATING EXPENSES
Allowances 400
LPG 263
Utilities 210
Transportation 0
TOTAL OPEX 873
68
Table 48: Profit and Loss for the Month of May

AS FOR MONTH OF MAY 2023
MOZZIE-FIGHT SCENTED REPELLANT CANDLES
Sakura 180 117 6 6
Tulips 180 116 6 6
Vanilla 185 122 6 6
Oregano 55 39 18 18
PROFIT AND LOSS

Gross Sales 10530
NET SALES 3636
OPERATING EXPENSES
Allowances 400
LPG 263
Utilities 210
Transportation 0
TOTAL OPEX 873
69
Table 49: Profit and Loss for the Month of June

AS FOR MONTH OF JUNE 2023
MOZZIE-FIGHT SCENTED REPELLANT CANDLES

Sakura 180 117 4 4
Tulips 180 116 4 4
Vanilla 185 122 4 4
PROFIT AND LOSS

Gross Sales 5840
NET SALES 2984
OPERATING EXPENSES
Allowances 400
LPG 263
Utilities 210
Transportation 0
TOTAL OPEX 873
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Table 50: Cash Flow Statement
Mozzie-Fight Cash Flow Statement

Cash Flow Operating Activities
2023 2024 2025 2026 2027
Collection from
Customers 38,183.16 42,607.60 46,889.00 51,598.00 56,773.00
Less:
Permit and License 730.00 200.00 200.00 200.00 200.00
Equipment 3,156.00 3,472.00 3,819.00 4,201.00 4,621.00
Tools 2,520.00 2,772.00 3,049.00 3,354.00 3,689.00
Utilities 2,160.00 2,376.00 2,614.00 2,875.00 3,163.00
Office 1,923.00 2,115.00 2,327.00 2,560.00 2,818.00
Salaries 4,800.00 5,280.00 5,808.00 6,389.00 7,028.00
Depreciation 284.00 312.40 343.00 377.00 415.00
15,573.00 16,527.40 18,160.00 19,956.00 21,934.00
Net Cash from

Operation 22,610.16 26,080.20 28,729.00 31,642.00 34,839.00
71
CHAPTER 6
SOCIO - ECONOMIC ASPECT
6.1 Contributions to the community
In starting a firm, one should think about how it will affect and benefit
society, especially from an economic standpoint. It should be advantageous to
the business's owners as well as to the workers, customers, community, and
government.
1. Provide Healthy Lifestyle and Protection
Mozzie-Fight candlelight mosquito repellent is made with natural
ingredients that provide good and healthy substances to the customers, which
improves their health, mind, and life because of the product's benefits for a
healthy lifestyle.
2. Economic Growth
The business greatly assists people finding employment and providing
for their families. Every community aspires to have all of its eligible individuals
working for a living. When people are working, they are able to take care of
their families, pay for their children's education, give them decent houses, get
them the medical care they need when they need it, and pay taxes to the
government. And with the taxes it collects, the government allocates funds to
communities.
72
3. Empower Individuals
The business empowers individuals by providing them with job
opportunities that allow them to demonstrate and contribute their talents and
knowledge in their particular fields.
4. Enhance National Identity and Pride
The Mozzie-Fight is a business that takes pride in being Filipino-owned and
actively promotes the essence of the nation by providing high-quality goods
and services. As the company gains recognition and establishes its presence
in the marketplace, it has the potential to instill a sense of pride among Filipinos.
5. Promotes Good Competition
Having healthy competition serves as a catalyst to bring out the utmost
capabilities of a business and its stakeholders. It acts as a driving force,
compelling the business to showcase its true potential while also motivating
individuals involved to strive for excellence. Competing with others creates an
environment that challenges not only the business but also those surrounding
it, fostering a culture of success and achievement.
6. Improves Quality of Life
The enterprise serves a dual purpose by not only offering employment
opportunities for livelihood but also meeting people's needs and desires. It
actively embraces and implements innovations with the crucial aim of driving
73
economic development. Additionally, the enterprise focuses on developing new
natural products and services that contribute to enhancing the overall quality of
life for individuals.
7. Enhances Equitable Distribution of Income and Wealth
The owners of the business invest their personal funds to initiate the
venture, alongside raising capital from customers, creditors, and investors. This
mobilizes public wealth, allowing a broader range of individuals to reap the
benefits of the business's success and growth.
6.2 Social Responsibility
The term "social responsibility" pertains to the notion that individuals or
organizations have an obligation to prioritize the welfare of society over their
own interests. It encompasses the understanding that "social" refers to society
as a collective of individuals, while "responsibility" involves being accountable
for something or someone.
As consumer preferences increasingly gravitate towards socially
responsible businesses, Mozzie-Fight recognizes the need to be actively
engaged in innovation and societal activities. Similar to other companies,
Mozzie-Fight acknowledges its social obligation towards the community and
the government in addressing societal concerns. In this regard, Mozzie-Fight
implements measures aimed at reducing harmful effects and promoting the
74
well-being of society and the environment. These measures manifest in various
forms, such as encouraging volunteerism, supporting social causes and labor
laws, and participating in charitable activities that benefit society.
By incorporating socially responsible business practices, companies like
Mozzie-Fight contribute to economic growth while also improving employee
conditions, working conditions, and overall quality of life within their
communities and society as a whole. Actively acting in the best interests of the
environment and society becomes an essential prerequisite for long-term
sustainability.
75
CHAPTER 7
FINDINGS, CONCLUSIONS AND RECOMMENDATIONS
This project study will serve as a guide for those interested in starting a
business of this nature.
Many people will realize that a company that provides candlelight
mosquito repellent will meet their needs while also protecting their health. This
encourages entrepreneurs to create businesses that will meet the market's
needs.
7.1 Findings
7.1.1 Organization and Management Aspects
The research findings indicate that a sole proprietorship is the
most suitable ownership structure for this study. The business will
require two personnel to effectively operate. The positions that need to
be filled are the production manager and sales manager.
The production personnel are responsible for various tasks,
including feeding raw materials into machinery, overseeing assembly
lines, and monitoring the manufacturing process. They are also
responsible for conducting basic quality checks, such as product and
packaging testing, before shipping the products. Additionally, the
production personnel performs hand-forming of candles using manual
76
dipping methods, utilizing their artistic and design skills to create custom
candle designs while ensuring compliance with manufacturing
standards.
On the other hand, the sales personnel play a pivotal role as they
represent the entire business. They are the first point of contact for
customers and must possess excellent customer service skills. They
handle purchase and payment transactions and are responsible for
accurately tracking daily profits.
Since the business is in its initial stages, the partners will equally
distribute their salaries on a monthly basis.
7.1.2 Marketing Aspects
The advertising strategies employed by the business encompass
utilizing popular social media platforms such as Twitter, Instagram,
Facebook, and TikTok, with a particular emphasis on TikTok. The
competition faced by the business can be categorized into two groups:
direct competitors and indirect competitors. Mozzie-Fight's direct
competitors include sellers of mosquito coils, lotions, sprays, and
candles.
Located in Zapote, V. Longos, Cavite City, we have direct
competitors who offers similar products. Indirect competitors, on the
77
other hand, refer to stalls or vendors that offer different types of
products.
The primary target market for the business comprises mothers,
staff, and employees residing in and around Reyes Compound, Zapote
V, Longos, Cavite City. The secondary target market includes
individuals who live in proximity to the business location, as well as
online customers. Lastly, the tertiary target market encompasses
individuals associated with the San Juan De Dios Educational
Foundation—College, who may potentially become future customers.
7.1.3 Technical Aspects
Mozzie-Fight will establish its location at Reyes Compound,
Zapote V, Longos, Bacoor, Cavite City. The business will occupy a 10 x
10 square foot property situated in a densely populated neighborhood,
ensuring convenient access to essential services and utilities.
To support the operational needs, the business will acquire
necessary kitchen equipment and tools, as indicated in Tables 36 and
37. Office supplies essential for day-to-day operations are outlined in
Table 38. Raw materials required for production are detailed in Table
39. Additionally, Table 40 provides information on the electricity
requirements essential for the business.
78
In terms of waste management, Mozzie-Fight adopts a system of
segregating garbage into two categories: biodegradable and non-
biodegradable. This practice promotes environmental responsibility and
sustainability.
The employees are responsible for maintaining a safe working
environment and preventing accidents by adhering to gentle and secure
work practices.
7.1.4 Financial Aspects
The total projected cost for the business is 121,531.00. It was divided
into pre-operating expenses, which cost 6,000.00, capital expenditures,
which cost 5,676.00, and working capital of 109,855.00.
7.1.5 Socio-economic Aspects
The business has a positive impact on society, particularly from
an economic standpoint, benefiting various stakeholders including the
owners, customers, local community, and the government. The venture
contributes to promoting a healthy lifestyle, driving economic growth,
empowering individuals, fostering a sense of nationality and pride,
encouraging healthy competition, improving the overall quality of life,
and facilitating equitable distribution of income and wealth.
79
However, the company may encounter various challenges such
as the emergence of new competitors in the market and the need to
effectively manage partner interactions. These issues are among the
several considerations that the company needs to address and
navigate.
7.2 Conclusion
Based on the study's findings, the proponents have reached the
conclusion that the establishment of Mozzie-Fight has brought
innovation and customer satisfaction through its services. This
contribution is significant not only to the industry but also to the economy
as it generates profits and promotes employment opportunities within
the industrial sector. The business aims to cater to individuals seeking
natural products at affordable prices, which further enhances its appeal.
With the implementation of an improved business strategy by the
entrepreneurs, the company is expected to gain recognition.
Additionally, Mozzie-Fight prides itself on providing excellent customer
service and delivering high-quality products. By consistently offering
superior services and maintaining competitive pricing, the business is
poised to remain viable and profitable.
80
7.3 Potential Problems
All businesses face various challenges, and in the case of the
proposed Mozzie-Fight, it is important to anticipate potential problems
that may arise during its future operations. These include:
1. Market Competition: The business will encounter competitors in the
market, which can lead to a loss of customers. To address this, Mozzie-
Fight will employ fresh tactics and strategies to attract and retain both
existing and potential customers. This may involve implementing
promotions such as "Free One (1) Candle" and "5% Discounts" that align
with customers' income levels. Establishing a strong customer
connection can also enhance the company's productivity and
competitiveness.
2. Partner Relationships: The success of the business relies heavily on the
relationships between the partners. It is crucial to maintain good partner
relationships and ensure equal treatment among them. This will serve
as a motivating factor for partners to work harder and actively contribute
to delivering quality products and services.
3. Customer Preferences: Understanding customer preferences is a key
aspect of any business. Since not everyone uses candlelight mosquito
repellents like Mozzie-Fight, this aspect presents an opportunity for the
business to cater to a specific market segment. Currently, there are
several candlelit options and various insect repellents available in the
81
market, allowing customers to choose products that align with their
individual tastes and preferences.
7.4 Recommendation
The findings of the study indicate that the proposed business, Mozzie-
Fight, has the potential for significant success. However, there are areas that
require improvement, and the following recommendations are made:
1. Business Expansion
• It is recommended that the partners consider expanding the size
or space of the business to accommodate future growth and
increased customer demand.
2. Enhanced Customer Convenience
• The partners should consider adding equipment or facilities to
enhance the convenience of customers and improve their overall
experience.
3. Introduction of New Product Variants
• To cater to diverse consumer preferences, it is recommended to
introduce new variants of the existing products by incorporating
additional ingredients. This will provide customers with more
options to choose from.
82
4. Enhancing Business Ambiance
Adding appealing decorations such as plants and additional
lighting inside the business area can create a pleasant ambiance
for customers, enhancing their overall experience.
5. Increased Workforce
• Hiring additional workers is advised, as this will help improve
customer support and reduce product preparation and service
time, ensuring a more efficient operation.
6. Employee Benefits
• As the business progresses, the partners should consider
providing benefits such as SSS, PAG-IBIG, and PhilHealth to
both themselves and their employees. This will contribute to
employee welfare and create a more positive work environment.
83
ATTACHMENTS
I. APPENDIXES
A. Location Map
Mozzie-Fight will be located at Reyes Compound, Zapote V,
Longos, Bacoor, Cavite City. The business will be placed on 10 x 10
foot meters of property in a heavily populated neighborhood with
good access to services and utilities.
84
B. Equipment, Tools and Office Supplies
The following are the required kitchen equipment, tools, and
office supplies that the business's technical necessities:
Picture Name Description
Colloquially known as
LPG “cylinder gas”, LPG
(liquefied (liquefied petroleum gas)
petroleum gas) is a source of energy used
for cooking, heating and
lightning. LPG is a
colorless and odorless
gas. However, a special
odor has been
intentionally added so that
a potential leak can be
detected easily.
Casserole Pot Casserole Pot a round or

oval shaped .
Weighing scale A weighing scale is a

device that is used to
determine weight.
A thermometer is an
instrument that measures
Thermometer temperature. It can
measure the temperature
of a solid such as food, a
liquid such as water, or a
gas such as air.
85
Hold the wick tight while
Candle wicks bar pouring a candle, and
allow for easy centering of
the wick in both containers
and molds.
Pouring pitcher A container with a spout

and has a plastic handle
that stays cool for easy
handling – used for storing
and pouring liquids.
Heat Gun Heat guns are electric

hand tools which look and
work in a similar way to
hair dryers.
Order slips The document, bill or

invoice which shows the
details of order/s: Item,
Item number, size, color,
amount (how many you
ordered) price, shipping
instructions, etc.
Ballpen A pen that has a small

metal ball as the point of
transfer of ink to paper.
Glossy sticker paper has

Glossy Sticker strong ink absorption,
Paper ensuring bright colors and
clear text.
86
Paper Sheets Paper is a thin sheet
material produced by
mechanically or
chemically.
Tape An adhesive tape that is

used on seams of
materials.
Craft Paper The strongest of the

Packaging common packaging
papers and is used when
maximum strength is
required, such as in
grocery bags or plain
wrapping papers.
Honeycomb paper wrap is

Honeycomb Paper a kraft paper-based, eco-
friendly alternative which
is made by joining
individual bands of kraft
paper.
Jute Twine Ribbon Jute twine ribbon is a

natural vegetable fiber
twine primarily used in the
arts and crafts industry.
Fragile Warning The fragile warning

Stickers stickers have excellent
permanent adhesive
qualities and the attention
grabbing text highlighting
87
the need for extra care
when handling.
Thank you Thank you stickers are

Stickers excellent for sending out a
polite note of apology or
encouragement.
A warning label is a label

Warning Stickers attached to an item that
warms the user about the
risk associated with the
use of the item.
C. Gannt Chart Mozzie-Fight business gannt chart.
88
D. Pictures of the group working
Group’s great teamwork in an enough time of working:
89
90
II. SUMMARY OF REFERENCES
Cisneros, E. (2020, December 16). How to make oregano mosquito

repellent//natural home remedy. YouTube.
https://www.youtube.com/watch?v=qVgzZC-Ng1c
GMA Integrated News. (2022, April 9). Dengue outbreak, Idineklara sa
Zamboanga City | 24 Oras Weekend. YouTube.
https://www.youtube.com/watch?v=VqtYq56AUgQ
Normandin, B. (2017, March 31). Dengue fever: Symptoms,
Complications & Diagnosis. Healthline.
https://www.healthline.com/health/dengue-fever
Allied Market Research. (2018, March 11.). Mosquito repellent market
size, share, growth: Forecast 2027. Allied Market Research.
https://www.alliedmarketresearch.com/mosquito-repellent-market
Abrina, D. (2019, September 6). Bacoor City cleans river banks to
contain dengue. Philippine News Agency.
https://www.pna.gov.ph/articles/1079803
World Health Organization. (2020, June 8). Dengue and severe dengue.
World Health Organization. https://www.who.int/news-room/fact-
sheets/detail/dengue-and-severe-dengue
Correa, D. (2022, October 3). Mosquito repellent market size is expected
to rise $6.0 billion by 2027, growing at a cagr of 5.6% from 2020-2027.
EIN News. https://www.einnews.com/pr_news/593997074/mosquito-
repellent-market-size-is-expected-to-rise-6-0-billion-by-2027-growing-
at-a-cagr-of-5-6-from-2020-2027
Brothrers, B. (n.d.). Lemongrass vs citronella: What repels mosquitoes
the best. Best Bee Brothers, LLC.
https://bestbeebrothers.com/blogs/blog/lemongrass-vs-citronella-what-
fights-mosquitoes-the-best
Santos, A. (n.d.). LEMONGRASS: Overview, uses, side effects,
precautions, interactions, dosing and reviews. WebMD.
https://www.webmd.com/vitamins/ai/ingredientmono-
719/lemongrass?fbclid=IwAR0ixZ_bbkj0o9udOZsB8lcGpDN_ebSUqyC
ZkjLdbJs1uHeyRg0rUFqdaPY#:~:text=Lemongrass%20is%20LIKELY
%20SAFE%20for,when%20applied%20to%20the%20sk
91
Taylor. (n.d.). The effectiveness of botanical extracts as repellents
against Aedes aegypti mosquitoes: AMNH. American Museum of
Natural History. https://www.amnh.org/learn-teach/curriculum-
collections/young-naturalist-awards/the-effectiveness-of-botanical-
extracts-as-repellents-against-aedes-aegypti-mosquitoes
III. DEFINITION OF TERMS
Allied Market Research - a market research, consulting, and advisory
firm of Allied Analytic LLP. Founded in 2013, the firm has been
instrumental in offering high-quality syndicated and customized market
92
research reports, consulting services, and useful insights to leading
market players, startups, investors, and stakeholders.
Artistic - exhibiting taste; conforming to standards of art; involving
aesthetics.
Backyard - a yard at the rear/behind of a house.
Candle light - the light of a candle.
Candle - a round stick of wax with a piece of string (called a wick)
through the middle that is lit to give light as it burns.
Candle dipping machines - used for producing candles with unique
or/and antique-design. The candles can be made both white and solid-
colored.
Candle dyes - a synthetic chemical specifically formulated for use in
candle wax. Most commonly made from aniline (an oily chemical
substrate), these are water soluble and provide optimal color and
function in your candles. Candle dye can come in liquid, flake, or block
form.
Candle wax - a form of wax that is used to make candles. It can be
made from various types of wax such as coconut wax, soy wax, paraffin
wax and beeswax; and can be odourless or have fragrance.
Chemical - the chemical composition of most wax is just carbon and
hydrogen. When burned, wax mixes with the air to create heat, carbon
dioxide and water vapor.
93
Citronella - an aromatic, perennial grass that is cultivated primarily in
Asia; uses as a fever reducer, insect repellent, anti-parasitic and as a
soothing agent for pain, inflammation and skin healing.
Compound Annual Growth Rate - also known as CAGR, is the mean
annual growth rate of an investment over a specified period of time
longer than one year. It represents one of the most accurate ways to
calculate and determine returns for individual assets, investment
portfolios, and anything that can rise or fall in value over time.
Dengue - a viral infection transmitted to humans through the bite of
infected mosquitoes.
Dengue cases - an instance of dengue.
Dengue fever - a disease caused by four dengue viruses spread by the
Aedes aegypti mosquito. Transmitted via the bite of a mosquito
harboring the dengue virus. Person-to-person transmission doesn’t
occur.
DEET - (chemical name, N,N-diethyl-meta-toluamide) is the active
ingredient in many repellent products. It is widely used to repel biting
pests such as mosquitoes and ticks.
Fragrance oils - are man-made oils, manufactured to imitate a naturally
occurring scent. They are created in a lab, meaning all fragrance oils do
not come fully from nature.
94
Herbs - a plant whose leaves are used in cooking to add flavour to food,
or as a medicine.
Herbal - a book which describes herbs or other plants, and their uses
as medicines or in cooking.
Infected - (of a person or animal) affected by an organism that can
cause disease
Insect repellent - are products that help prevent, repeal, or mitigating
pests. These can be products that we apply to our skin or products like
lanterns or candles that use a heating mechanism to disperse repellents.
Insect-borne disease - are viral and bacterial illnesses from insect
(bug) bites. The most common insects that pass on disease are
mosquitoes, sand flies, ticks, and fleas. For example, mosquitoes are
known for spreading the Zika virus, Yellow Fever, and Malaria.
Labeling - the act of putting a wax in the glass.
Lemongrass - a tropical Asian grass (Cymbopogon citratus) having
aromatic stalks used as a flavoring in cooking and yielding an aromatic
oil used in perfumery and medicine.
Malaria - an acute febrile illness caused by Plasmodium parasites,
which are spread to people through the bites of infected female
Anopheles mosquitoes.
Mosquito - a small flying insect that bites people and animals and sucks
their blood.
95
Mosquito repellent - a substance put on skin, clothing, or other
surfaces which discourages mosquitoes from landing or crawling on that
surface.
Natural ingredients - a chemical compound that comes from the plant,
mineral, animal or microbial kingdom. It is obtained by processes of
physical extraction (e.g. pressure), without any transformation of its
constituents.
Oregano - a herb from the mint, or Lamiaceae family. Used to flavor
foods and considered safe in common food amounts, but has little
evidence of health benefits.
Repellent - serving or tending to repel something, especially insects.
Rosemary - an aromatic European shrub, Rosmarinus officinalis, widely
cultivated for its gray-green evergreen leaves, which are used in cookery
for flavouring and yield a fragrant oil used in the manufacture of
perfumes: family Lamiaceae (labiates).
Soy wax - a vegetable wax derived from the oil of soybeans and is
primarily used in candles. After they are harvested, the beans are
cleaned, cracked, dehulled, and rolled into flakes. It is from these flakes
that the oil is extracted to then be hydrogenated.
Variant - another version of something: candle.
Yellow fever - an acute viral disease transmitted by infected
mosquitoes.
96
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TABLE OF CONTENTS

Approval Sheet ..................................................................................v

Project Summary ................................................................................viii

List of Tables ......................................................................................xi

List of Figures ....................................................................................xiv

Chapter 1: Introduction ....................................................................2

1.1 Background of the study ...............................................................2

1.2 The Need .......................................................................................4

1.3 Statement of the Problem .............................................................5

1.4 Objectives of the study ..................................................................5

1.5 Scope and Limitations ...................................................................7

1.6 Significance of the study ...............................................................7

Chapter 2: Organization and Management Aspects .....................8

2.1 Form of Business Organization .....................................................8

2.1.1 Advantages of Organization ..............................................8

2.1.2 Legal Requirements ..........................................................9

2.2 Business Philosophy ......................................................................13

2.3 Personnel Management .................................................................15

2.5 Definition of Functions ...................................................................16

2.6 Organizational Structure ................................................................17

2.7 Compensation Plan ........................................................................18

2.7.1 Schedule of Shares ............................................................18

2.7.2 Manpower Requirements ...................................................19

2.7.3 Pre-operating Period............................................................19

Chapter 3: Market Aspects ...............................................................23

3.1 Production/Service Description .....................................................23

3.2 Environmental Scanning ................................................................23

3.3 Market Analysis ..............................................................................24

3.3.1 Demand Analysis ..................................................................24

3.3.2 Projected Demand ...............................................................26

3.4 Supply Analysis ..............................................................................26

3.4.1 Projected Supply ..................................................................27

3.5 Demand and Supply Analysis ........................................................27

3.6 Market Mixed Strategies ................................................................28

3.6.1 Product ................................................................................28

3.6.2 Pricing .................................................................................32

3.6.3 Target Market ......................................................................39

3.6.4 Placement ...........................................................................39

3.7 Sales Forecast ...............................................................................44

Chapter 4: Technical Aspects ..........................................................50

4.1 Service/Product Process ...............................................................50

4.2 Service Schedule ...........................................................................50

4.3 Equipment ......................................................................................51

4.4 Location ..........................................................................................56

4.5 Land and building ...........................................................................57

4.6 Raw Materials and Supply .............................................................59

4.7 Power Requirements .....................................................................60

4.8 Waste Disposal and Safety Measures ..........................................60

4.9 Summary of Expenses ...................................................................61

Chapter 5: Financial Aspects ...........................................................62

5.1 General Financial Assumptions .....................................................62

5.2 Total Project Cost ...........................................................................62

5.3 Source of Financing .......................................................................63

5.4 Financial Assumptions ...................................................................65

5.5 Financial Projection ........................................................................66

Chapter 6: Socio-economic Aspects ..............................................72

6.2 Social Responsibility ......................................................................74