Professional Documents
Culture Documents
The Ecosthetic Totes FINAL
The Ecosthetic Totes FINAL
A Feasibility Study
Presented to the
Arellano University – Jose Abad Santos Campus
Basic Education Department – Senior High School
Presented by:
Alon, Andrea Cassandra C.
Barrion, Kyla C.
Bayonito, Mary Anne M.
Bo, Jannina B.
Diocos, Jessa M.
Gato, Kyla Bianca P
Guese, Elisha Larsen E.
Hashimoto, Caitlin Faith A.
Israel, Juliannna P.
Marcos, Jehman Andrei
Mateo, Jennie Rose C.
Miron, Lheamie F.
Pecho, Rica Rose F.
Villenes, Erica Mae M.
2023
APPROVAL SHEET
submitted by the researchers Alon, Andrea Cassandra C., Barrion, Kyla C., Bayonito, Mary
Anne M., Bo, Jannina B., Diocos, Jessa M., Gato, Kyla Bianca P., Guese, Elisha Larsen
E., Hashimoto, Caitlin Faith A., Israel, Julianna P., Marcos, Jehman Andrei., Mateo, Jennie
Rose C., Miron, Lheamie F., Pecho, Rica Rose F., Villenes, Erica Mae M. in Partial
Management has been examined, accepted, and approved for oral examination.
Accepted and Approved in Partial Fulfillment of the Requirements for the Senior
High School Department.
ii
DEDICATION
The researchers of Arellano University: Jose Abad Santos Campus, under the 12-
Accounting, Business, and Management Strand, Section 5, would like to dedicate this
feasibility study to their supportive parents, families, and friends who gave them never-
They are also thankful to the teachers who have guided them throughout this
research journey by giving out their valuable opinions and advice, as well as to the
participants for their patience and honesty, which were significant contributions to this
study.
The researchers hope that this study will serve as a basis for future studies, as well
as a guide for the future researchers of Arellano University: Jose Abad Santos Campus.
iii
ACKNOWLEDGEMENT
The researchers would like to express their gratitude to everyone who helped and
supported them throughout the feasibility study. They appreciate their aspirational
endeavor.
First and foremost, praises and thanks to God, the Almighty, for pouring blessings
throughout the feasibility study and providing them with adequate strength and teamwork
Their families and friends deserve special recognition for their patience and
encouragement throughout the course of this effort. Without them, accomplishing this
To the respondents of this study, for being approachable, and cooperative and for
To their panelists, for correcting and making suggestions for the betterment of the
study.
To Sir. Jemel Gepiga, for the time, work, and advice he gave, as well as his
Lastly, they would like to acknowledge and give their warmest thanks to Mr. Jovito
M. Liga, they acknowledge the kind of support, effort, and timely guidance he provided. It
would have not been possible to complete the study without his valuable support.
The researchers were able to complete the study despite many obstacles and
iv
ABSTRACT
More than two to three decades ago, the world faced a growing problem that was
threatening the environment-plastic waste. The use of plastic has become an integral part
of modern life, from shopping bags to straws to packaging to bottles. Nevertheless, the vast
amount of plastic consumed by humans has had serious consequences for our planet, from
reducing plastic waste through recycling, as well as highlighting the environmental benefits
of using recycled bags rather than standard plastic bags. The researchers made an effective
product that is stylish, affordable, and eco-friendly. They managed to make it as they
claimed it to be, which is a huge accomplishment. This product will help people save
money while also being kind to the environment, which is a win-win situation.
The Ecosthetic Totes has proved that it is possible to be both profitable and
sustainable. Not only does it show that there are profitable opportunities in the eco-friendly
sector, but it also encourages people to be more conscious of their environmental impact
while creating jobs for unemployed individuals. This business model should serve as an
inspiration to other entrepreneurs looking to make a difference in the world through their
own projects. With everyone's help in reducing our reliance on single-use plastics, maybe
one day we will reach a point where our environment is healthier than ever before.
v
TABLE OF CONTENTS
PAGE
TITLE PAGE………………………………………………………………………….…...i
APPROVAL SHEET ………………………….…………………………………….……ii
DEDICATION……………………………………………………………………………iii
ACKNOWLEDGEMENT …………………………………………………………...…. iv
ABSTRACT………………………………………………………………………………v
TABLE OF CONTENT……….……………………...………………………………vi-vii
Chapter I- INTRODUCTION……………………………………….………………….....1
Project Proponents ………………………….………………………..…….……..1
Proposed Business Name……………………………………………….………....2
Mission ….………………………………………………...…………….…...........2
Vision………………………………………………………….…………..…...….2
Logo………………………………………………………….……………….…...3
Type/Form of Business Organization…………...………….………………...…3-4
Proposed Project/Business Location………………………….…………...............5
History……………………………………………………….……………….....5-6
vi
Articles of Partnership ………………………………………………….……38-43
Policies and Guidelines………………………………………………..……..43-45
Conditions of Employment……………… ……………………………….….45-52
Payments of Employee…………………………………………………….…52-54
Duties and Responsibilities……………………………………………….…55-59
Work Schedule…………………………………………………………….... 59-60
REFERENCES…………………………………………………………………….…….82
DOCUMENTATION………………………………………………………..…………..83
CURRICULUM VITAE……………………………………………………...………84-97
vii
Chapter 1
INTRODUCTION
Environmental issues have arisen due to the increase in plastics around the world
for more than two to three decades. Currently, because of poor management, the majority
of these plastics are disposed of in illegal dumping grounds or inexorably burnt in the fields
(Nkwachukwu, 2013). Plastics are useful in daily life in different communities, but if
they’re not properly disposed of, they have the potential to modify several aspects of the
environment. Solid waste management is something that almost every local government
helping in reducing plastic waste through recycling and to emphasize the environmental
advantages of utilizing recycled sacks instead of standard plastic bags. These applications
will save money while also protecting the health of people, animals, and the environment.
And lastly, this will be a way for researchers to help in providing work opportunities to
unemployed citizens.
A. Project Proponents
The proponents of this project are the Accountancy, Business, and Management
students of Arellano University Jose Abad Santos Campus, namely, Andrea Cassandra C.
Alon, Kyla Bianca P. Gato, Caitlin Faith A. Hashimoto, and Rica Rose F. Pecho currently
1
B. Proposed Business Name
The proponents decided “The Ecosthetic Totes” as a business name. The name
“Eco” from the word “Ecosthetic'' means an environmental object that doesn’t harm the
environment and “sthetic” is a short-term for the word “aesthetic” which serves the designs
of the totes and the purpose of letting youth acknowledge the project being produced by
using the said term. “The Ecosthetic Inc.” is the company name of the business.
The Ecosthetic Totes offers a high quality, eco-friendly, and affordable bag with its
C. Mission
The Ecosthetic Totes creates fashionable, high-quality bags made from sacks with
the goal of serving as a symbol of creativity and love for the environment which will help
D. Vision
within the next 5 years and to maintain and ensure sustainable production while furnishing
2
E. Logo
The company’s logo was made as the owners decided on its design and how it
would look. The business proponent came up with the idea of this logo, saying that it must
be simple yet have a sense of elegance, be easy to recognize, and be appealing to people.
They chose "Pastel Green" because it is calming and a highly adaptable color that is able
to focus attention quickly and get people's attention to it. The circular leaves figure in the
process recycled solid waste materials and repurpose them for the creation of new products.
3
A partnership business is defined as two or more persons joining their resources to
establish a company and agreeing to share risks, earnings, and losses (American Express
the partners share in the profits and losses of the business and are personally liable for the
At this time, the partnership's primary objectives as of now are to preserve the
ecology and decrease the financial burden in the increasing human population is placing
on the economy. Other than that, the entrepreneurs will collaborate with different
foundations, and they will work hard to eliminate harmful pieces that contribute to
environmental pollution and safeguard the well-being of the earth. The partners of this
4
G. Proposed Project/Business Location
The business is located at Cartimar Ave, Pasay, Metro Manila. The owners chose
this location to easily reach their target market of adults, teenagers, and students. This
location will allow the business to make profits and grow because there are many shoppers
Figure 2 The map of the business location and other establishments around the area
H. History
Garbage has been one of our country's problems ever since. Due to people's lack of
discipline, these are not properly disposed of (Nkwachukwu, 2013). Some of these
consequences could be harmful to the environment and even to people. Poor waste
safety in our community. With that, the researchers came up with a brilliant idea of
decomposing plastics specifically sack bags properly through the use of creating tote bags.
The company wanted tote bags as their product because custom tote bags seem to have
taken over the market with their usability, versatility in their form, and really because of
customizability.
5
Through tote bags, we can help lessen the waste and pollution in lands and oceans
caused by plastic bags themselves, as well as the oil resources needed to produce them.
6
Chapter II
MARKETING ASPECT
The description of the industry, current market, anticipated future market potential,
competition, sales projections, and potential buyers are covered by the marketing aspect.
These are important to the progress of the business as these serve as business development
factors. This chapter also includes a description of the market, primary target market,
factors that affect demand, marketing program, marketing strategy, survey questionnaire,
A.Market Description
The Ecosthetic Totes is a business that sells environmentally friendly and high-
quality bags. The Ecosthetic Totes are available for purchase at Cartimar Ave, Pasay,
Metro Manila. To advertise and sell the product, The Ecosthetic Totes also has a Facebook
page, Instagram account, and internet web page. Customers may purchase bags in-store or
place an order online, which will be delivered to their desired address. Posting online will
be very beneficial in spreading information about the company, increasing sales, and
fostering environmental protection activism. The Ecosthetic Totes also gives its customers
comfort by providing a comfortable store that purifies the atmosphere and a clean store to
shop.
The primary target market of this is people aged 13-70 in the Philippines. The
reason is that custom-made tote bags are known for their versatility and anyone can use
7
them. Also, the company promotes sustainability by encouraging everyone to switch to
student, working, senior citizen, an online seller who wants to resell, you want a custom-
made tote bag as your souvenir, or just want to live a sustainable life, you can purchase
these products.
The cost of the commodity, its value perception, marketing, income, purchasing
power, shifts in preferences, and fashion are just a few of the variables that affect domestic
and services are being used. This is in order to manage the market and interact with supply
in a free economy.
Every so often, trends play a significant role. Consumer preferences and interests
are continuously changing; therefore, a product may eventually become outdated. This
Consumers are more likely to spend money if they believe their jobs are secure.
Consumer confidence is the term for this tendency. Consumer confidence, which is defined
as how consumers feel about current economic conditions, reflects the health of the
economy as a whole. Nonetheless, people are more likely to deposit their money in savings
accounts when consumer confidence is low, especially if interest rates are high.
Competitors, on the other hand, are constantly trying to gain a larger market share,
8
A competitor is a person, business, team, or organization that competes with you or your
D. Marketing Program
To raise awareness and interest in the business, the company will use the following
promotional strategies:
positive reputation. Word of mouth can bring in potential clients while also helping
existing patrons develop a healthier relationship with the business. This aims to
to customers’ questions about the products’ concerns and services. Also, they are
via email keeps customers up to date on the latest information about the product.
Also, they have the option to unsubscribe from the email to guarantee that the
business only communicates updates to those who are interested and willing to
receive them.
9
● Discount Vouchers. Customers can get vouchers that will allow them to take
advantage of a "buy two, get one" deal and purchase the product for a lesser price.
Moreover, the company will run raffle contests on its Facebook page and in-store,
● Facebook Page. Facebook enables businesses to easily build pages for posting
wide range of crowds and is totally accessible. The business can freely connect with
Facebook users who are part of the target market by having a Facebook page.
E. Marketing Strategy
The Ecosthetic Totes will offer fashionable, trendy, and eco-friendly tote bags
instead of standard plastic bags for the main reason of eliminating the need for single-use
plastic bags that have proven to harm the environment. The following marketing strategies
will be employed:
because it affects the customer's purchasing experience. The company will use a
deep assortment type of product selection. It will cater to fewer product lines but
provide a greater variety of products. This will be its way of attracting dedicated
and loyal customers. With hundreds of variations within each line, customers can
● Store location. Due to its proximity to local enterprises, the store's location is one
10
● Price. The bag provides the ideal balance of product features, quality, and service
at a reasonable price. Customers will be drawn to the reasonable prices that would
● Promotion. The promotion that the company will imply would be attracting
customers through flyers, an internet web page with pictures and information about
customers through flyers, an internet web page with pictures and information about
the company and its products, and word of mouth. And by this, they could expand
11
F. Survey Questionnaire
The Ecosthetic Totes is a business that sought to reduce the environmental impact
depending on the preference of the target market. The purpose of this survey is to gather
data that will be used as evidence for the researcher’s feasibility. Your participation in this
survey is voluntary and all answers will be treated confidentially. God blesses!
Directions: For each statement in the survey, please indicate your answer in the statement by
putting a check in the box. There are no right and wrong answers. Your answer will be kept
☐ Below 18 ☐ Above 18
☐ Male ☐ Female
3. Do you recycle?
☐ Yes ☐ No
4. Are you happy with the research that aims in supporting recycling products that is in place
☐Yes ☐No
12
5. Would you buy these products?
☐Yes ☐No
☐ Trash is unsightly.
13
10. Do you purchase any products made from recycled materials?
4 - Agree
3 - Neutral
2 - Disagree
1 - Strongly Disagree
11. Do you believe people need to be more educated on the subject of recycling and know
12. If yes, what would make you decide to purchase these products?
Low-cost ☐ ☐ ☐ ☐ ☐
Eco-friendly ☐ ☐ ☐ ☐ ☐
Supports local ☐ ☐ ☐ ☐ ☐
13. Is there anything that you feel we can do to make our recycled products better?
More affordable ☐ ☐ ☐ ☐ ☐
14
Make them modern ☐ ☐ ☐ ☐ ☐
15
G. Demand Structure
The pie chart shows that 12 out of 18 responses or 66.7% are below 18, while 6
out of 18 responses, or 23.3% are above 18. It reveals that those below 18 are most likely
The pie chart shows that 9 out of 18 people are male and 9 out of 18 people also
16
are female. It reveals that males and females have both interests in recycling products.
The pie chart shows that 16 out of 18 or 88.9% of respondents collect and process
The pie charts show that 18 out of 18 responses aim to support recycling products
17
The pie chart shows that 14 out of 18 or 77.8% are willing to buy recycled products
18
The pie chart shows that 44.4% or 8 out of 18 are aware that recycling helps to
conserve energy, same as recycling saves landfill space where 44.4% or 8 out of 18 people
answered it. Meanwhile, 12 out of 18, or 66.7% responded that recycling helps wildlife
while preserving our resources, and 9 out of 18 think that recycling boosts the economy.
Lastly, 22.8% or 14 out of 18 people answered that recycling helps to solve environmental
issues.
The pie chart shows that 44.4% answered that trash is unsightly, and 16.7% of
respondents would only recycle if they get paid. Meanwhile, 11.1% or 2 out of 18
respondents answered that recycling there's no point in imposing recycles. Lastly, 33.3%
19
Figure 3.8 The respondents of habitual work when recycling materials
The pie chart shows that 4 out of 18 people recycle all the time, only 1 out of 18
people answered daily, and 2 out of 18 people admit that they often recycle weekly.
Meanwhile, 5 out of 18 people recycle monthly, and lastly, 7 out of 18 people are not sure
Figure 3.9 The respondents’ response on how convenient they find recycling
20
The pie chart shows that 9 out of 18 or 50% of respondents find recycling very
convenient while 6 out of 18 or 33.3% respondents find it convenient only, whereas, 3 out
of 18 or 10.7 % find recycling neutral. On the other hand, no respondents find recycling
imitative and no one answered that they don't want to do it. It reveals that respondents find
Figure 3.10 The respondents' responses if they purchased any products made from
recycled materials
The pie chart shows that 1 out of 18 or 5.6% of the respondents purchased products
made from recycled materials, and 2 out of 18, or 11.1% once purchased it. Meanwhile,
none of the respondents ever purchased a product made from recycled materials.
21
Figure 3.11 The respondents’ perception of the subject of recycling
The bar chart shows that 9 out of 18 responses strongly agree on educating people
on the subject of recycling, 7 out of 18 responses also agree, and 2 out of 18 responses
For the first category, the column charts show that on a scale of 1 to 10, 3 responses
strongly disagree, 7 responses are neutral, 6.5 agree, and none disagree.
For the second category, the column chart shows that on a scale of 1 to 10, only 1
strongly disagrees, 1 disagrees as well, 4.5 are neutral, 7 agree, and 5 strongly agree.
22
For the third category, the column chart shows that on a scale of 1 to 10, only 1
strongly disagrees 1 responds to disagree, 2 are neutral, 4 agree, and 5 strongly agree.
For the fourth category, the column chart shows that on a scale of 1 to 10, only 1
strongly disagrees, 4.5 are neutral, 6 agree, 7 strongly agree, and none disagree.
For the fifth and last category, the column chart shows that on a scale of 1 to 10,
only 1 strongly disagrees, 3 are neutral, 6 agree, 8.5 strongly agree, and none disagree.
Figure 3.13 The respondent’s impression of making the recycled products better
For the first category, the column chart shows that on a scale of 1 to 10, 3 strongly
For the second category, the column charts show that on a scale of 1 to 10, 1
For the third category, the column chart shows that on a scale of 1 to 10, 2 strongly
For the fourth category, the column chart shows that on a scale of 1 to 10, only 1
strongly disagrees, 1 disagrees as well, 7 are neutral, 4 agree, and 5 strongly agree.
23
For the fifth and last category, the column chart shows that on a scale of 1 to 10,
only 1 strongly disagrees, 2 disagree, 3 are neutral, 2 agree, and 10 strongly agree.
24
Chapter III
TECHNICAL ASPECT
The technical aspect of The Ecosthetic Totes states the operational activities, waste
management disposal, physical facilities, floor plan, store process, safety control measures,
A.Operational Activity
The office hours of The Ecosthetic Totes will be from 7:30 am until 9:00 pm from
In a business, effective waste disposal must also be done in keeping with accepted
environmental regulations. A great business is not only profitable, but it also has a
There are three (3) garbage bins inside and outside the Ecosthetic shop that separate
recyclable, non-recyclable, and medical waste. Garbage will be taken out of the store
Pasay City collect garbage every day. Recyclable waste will be collected and delivered to
C. Physical Facilities
The business is located at Cartimar Ave, Pasay, Metro Manila. Outside the building,
there will be enforcing safety cautions to protect anyone from harm and danger. People
25
will meet the security guard first to inspect any case of suspicious activity. Then inside, the
and customers. The building consists of 3 comfort rooms available for 3 Genders; Men,
Women, and Non-Binary for personal use. Most importantly, every corner of the hall has
a trash can to preserve waste management and protect the ecology inside and outside the
facility at all costs. The products are arranged according to their design and variant, there
will also be 2 sales attendants in the cashier area for payment. In case of emergency, it also
D. Floor Plan
26
E. Store Process
For the store process of this business, it will start by welcoming and greeting the
customer. After that, the staff will ask the customer what they are looking for or if they
want to be customized the design of their tote bag and the staff will assist them at the
cashier to discuss what design they prefer for their tote bag, after discussion for the design
the staff will give a number and if the design is done, the number will be called. After a
few days, they can get the tote bag either delivered or pick up. For the other option, if the
customer wants to purchase the design display in the store, the staff will assist them to the
cashier for payment. After payment, the staff will give a number to the customer and if the
order is done, the number will be called while fixing the order within a few minutes the
customer will wait in the waiting area. After that, products are placed in a paper bag and
the receipt should be given. After purchasing, the staff will be thankful to the customers
for shopping.
27
F. Safety Control Measures
A guard on duty assigned to the store has to know and maintain the safety of the
employees and consumers that come in and go out inside the store, the closed-circuit
television (CCTV) camera will be placed inside the store to monitor and check if ever we
had an emergency. A part of these efforts may include requiring employees and shoppers
to wear personal protective equipment or adding safety guards to sharpen or move parts of
equipment and machinery inside the store. These methods and control measures protect the
employees of the business and the shoppers to reduce the risk in the workplace. In case of
emergency, the front door of the store will serve as an exit, and the stairs will be used to
G. Materials-Administrative
Sack
Fabric
28
20 pcs PHP 25.00 PHP 500.00
Thread
Needle
Zipper
Paint
Paint Brush
29
2 pcs PHP 35.00 PHP 70.00
Mixing Plate
Ballpen
Stapler
Staple Wire
Bond Paper
30
1 pc PHP 30.00 PHP 30.00
Scissors
Scotch Tape
Alcohol
Toilet Cleaner
Trash Bag
31
1 bottle PHP 50.00 PHP 50.00
Hand Soap
32
H. Equipment and Tools
Company Computer
Printer
Desktop Table
33
5 PHP 100.00 PHP 500.00
Storage Box
Stand fan
Monoblock Chair
Sewing machine
34
I.Uniforms and I.D
The business will provide the employee’s uniform including a polo shirt, baseball
cap, and identification (I.D.) card. The main concept of the uniform is about the eco-
friendly products that were sold in the shop. We chose earth-tone colors which are beige
and green. The leaves represent nature and the beige is aesthetic in color. The layout of the
35
Figure 7 The layout of the Employee Identification (I.D) cards
36
Chapter IV
MANAGEMENT ASPECT
this chapter. It outlines the proponents of the business, as well as the organizational chart,
which indicates how command flows, and the articles of partnership, which define the
rights of the owners. This chapter also defines the duties and responsibilities of employees.
A. Organizational Structure
The organizational structure shows the flow of every task and duty of employees
people with the same goals of profit and enthusiasm. An organizational chart gives you a
The Ecosthetic Totes is a shop located in Cartimar Ave, Pasay, Metro Manila that
responsible for store operations. Two (2) seamstresses alter and construct sack bags into
standard-size tote bags. The painter paints the tote bags according to customers'
specifications and needs. The two (2) sales clerks are responsible for marketing the
company and dealing with clients. The cashier is assigned to receiving payments and
issuing receipts, gift-wrapping packages, and keeping track of all cash and credit
transactions. The on-call outsourced accountant is responsible for keeping the company's
books of accounts.
37
Figure 8 Organizational Structure of the Business
in which two or more individuals or entities (partners) join together to run a business. In a
general partnership, all partners share equal responsibility for the management of the
business and liability for its debts and obligations. Each partner contributes capital, labor,
and skills to the partnership, and they share in the profits and losses of the business.
C. Articles of Partnership
That we, the undersigned partners, all of legal age, residents and citizens of the
Philippines, have on this day voluntarily associated ourselves together for the purpose of
forming a general partnership under the following terms and conditions and subject to
TOTES and shall transact business under the said company name.
38
ARTICLE II. That the purpose for which this partnership is formed is to hold,
ARTICLE III. That the principal place of business of this partnership shall be
ARTICLE IV. That this partnership shall have a term of ten (10) years from and
after the original recording of its Articles of Partnership by the Securities and Exchange
Commission.
City
Pasay City
39
Kyla Bianca P. Gato Filipino 32 Visayas St. Central Signal Taguig
City
Makati City
City
Paranaque City
Taguig City
40
ARTICLE VI. That the capital of this Partnership shall be the amount of Forty-
nine thousand (Php 49,000), Philippine Currency, contributed in cash by the partners, as
follows:
Jannina B. Bo ₱ 3,500.00
41
Rica Rose F. Pecho ₱ 3,500.00
TOTAL ₱ 49,000.00
ARTICLE VII. That no transfer of interest which will reduce the ownership of
Filipino citizens to less than the required percentage of capital as provided by existing
laws shall be allowed or permitted to be recorded in the proper books of the partnership.
ARTICLE VIII. Each partner shall share equally in the profits and losses of the
partnership.
ARTICLE IX. Without the permission of the other partners, a partner may not
ARTICLE X. A partner may draw a monthly amount not exceeding Php 1,500.00
per month. However, there will be no drawing in the first year of operation and there will
ARTICLE XI. Upon notification five (5) days prior to the effective date of the
substitution, the general partner may substitute an assignee as a contributor in his place.
insolvency of a general partner, the remaining general partner or partners will continue the
business.
amended thereafter, upon receipt of a notice or directive from the Securities and Exchange
42
Commission that another corporation, partnership or individual has acquired a prior
right to that name or that the name has been declared misleading, deceptive, confusingly
similar to a registered name, or contrary to public morals, good customs or public policy.
SIGNED:
Policies are a set of guidelines that spare responsibilities for shaping employees'
behavior in order to foresee potential issues before they arise in any one of several areas.
By administering it, businesses will be able to operate at their fullest potential and people
The proponents offer the organization sets of rules that will aid in promoting
purpose is to denounce and inform about the company's policies as they apply to its
employees.
43
Employee's Uniforms:
• Pants
• Wide-leg denim
• Leggings
• Tracksuit bottoms
• Worn-out jeans
• Warm-up clothing
Employee Appearance:
appearance:
• For Muslim workers, head coverings and long sleeves used for religious motives
are acceptable.
44
Operations:
by every employee:
• Come to work fully attired in uniform, which should be pressed and clean. Pants,
as well as the ID card. Employees are in charge of keeping their uniforms clean and
in good condition.
consume alcohol on the commercial building, whether during working hours or not.
It is also not permitted to arrive at work while under the influence of alcohol.
• Maintain a work environment and a business free from harmful acts against the
garbage and poor waste management. Employees should remain committed to the
E. Conditions of Employment
Working Conditions:
1. All of the employees will work five (5) days a week. (As directed and governed by
2. After five (5) days of regular labor, an employee is given one (1) day
45
off (according to Labor Code Article 91(1)). Based on the needs of operations, an
Employee may be obliged to come in for work on his day off, in which case he will
be paid 30% more than usual (according to Labor Law 93(1)), for the work he
completes.
3. Work may be done for longer than eight hours each day as long as the employee
receives overtime pay in accordance with (as per Article 85, labor code) which must
4. Subject to such regulations as the Secretary of Labor may prescribe, it shall be the
duty of every employer to give his employees not less than sixty (60) minutes of
5. Paydays are typically on the 15th and the 30th of the month, but they can be
changed in the event that payday happens on a holiday or the weekend. (Twice-
monthly wages are paid according to Article 103 of the Labor Code, at intervals of
no more than sixteen (16) days). All salaries are distributed by the manager directly
into the direct deposit accounts of the employees. (According to the Labor Advice
Attendance:
procedure. If for any reason the employee is unable to report to work, it would lead
action
46
2. Employees must clock-in and clock-out for each shift. If there is any problem
3. All employees are expected to arrive at work on time, as scheduled, and be prepared
to work. When an employee arrives at work after the start of regular working hours,
and will be made as the basis for possible disciplinary action and subsequent
• If an employee shows up later than 30 minutes after the shift start time,
4. Undertime is committed when an employee works at a lesser time than the required
shift.
• Working for less than four (4) hours in a day is qualified as a half-day shift.
• Under-time work on a business day will not influence overtime work on any
given day. This means that if an employee leaves, and works early, he
cannot be made to work overtime the next day to make up for those hours.
This is because the rate of overtime per hour is higher than the missed hours.
47
Leaves:
According to the law, and as a reward for continuous and satisfactory service,
certain eligibility requirements must be met in order for an employee to receive privileges.
1. Incentive leave. Every employee who has worked for the company for at least a
year is entitled to a three-day, paid service incentive leave per year. This provision
does not apply to those who are already receiving the benefit described here, to
those who are taking at least five days of paid vacation, to those who work in
businesses that regularly employ fewer than ten people, or to businesses that the
Secretary of Labor and Employment has exempted from providing this benefit after
2. Maternity leave. Every employer must give pregnant workers who have worked a
minimum of six (6) months over the previous twelve (12) months of maternity leave
with full pay for at least two (2) weeks prior to the anticipated due date and another
four (4) weeks after a normal delivery or abortion. This payment is based on the
employee's regular or average weekly salary. (In line with article 133 (1). The
provision of a medical certificate declaring that delivery will likely occur within
two weeks is what the employer may demand of any female employee requesting
maternity leave.
3. Parental Leave. Employees who are solo parents are entitled to parental leave of
not more than seven working days per year to perform their parental duties and
responsibilities.
4. Sick Leave. For the first two years of employment, employees are entitled to 12
48
5. days, with an additional day added on beginning with the 3rd year. There is a 15-
day maximum sickness leave days. At the end of the year, all unused leave time can
be converted to money.
To provide the best employees with excellent qualifications, The Ecosthetic Totes
seek out, evaluate, induce, and obtain a commitment from prospective employees so as to
1. The hiring of candidates can be done internally within the organization. The
procedure should be cost-effective and completed within a set amount of time and
has the ability to assume the duties necessary to carry out the organization's goals.
2. Applications can be sent directly to the store or sent by email. All applications will
3. An interview process gives a company the chance to learn more about the applicants
that show up for an interview, while the applicants have the chance to obtain a better
sides the chance to share information, ask questions, and assess the likelihood of
the best hiring decisions, it is helpful to obtain a wide range of information during
4. The process of selecting the applicant who best fits the job requirements of the
position in an organization will be done after the interview. The choice of the ideal
49
candidate will be advantageous to the organization and aid it in achieving its goals.
5. The final stage is to sign an employment contract together with the chosen
candidate and begin working after they’ve completed their notice period in their
current role.
Employment Status:
of the employer. Regular employees enjoy the benefit of tenure and cannot be
terminated for causes other than those provided by law and only after due process.
2. Probationary Employment. An employee who just started their job receives this.
The trial is placed over a period of time, lasting for six (6) months. The services of
an employee who has been engaged on a probationary basis may be terminated for
a good reason or when the employee does not meet the qualifications as a regular
Separation from employment establishes guidelines for managing the end of the
employment relationship and the departure of employees from the Company. It should
follow a well-planned process to make sure the separation occurs smoothly, respectfully
and safely. The Company involves a lawyer to make sure they handle the situation legally
50
and write a termination letter that will stand up in court. Steps for termination of
employment include:
• Unsatisfactory performance during probation (as per Article 281, Labor Code)
• Death
The rules and practices listed below are designed to control the effects of different
types of separation. They are designed to make sure that departing employees leave the
company peacefully and with the least possible harm to themselves and the company.
1. Resignation. The employee must submit an official written resignation letter to the
(30) days of the minimum notice requirement, so the company can arrange
alternatives for handling the remaining workload of the position. The resignation
working once they have met the age and tenure stipulations laid out by the employer
or negotiated by the employer and a union. Retirement is optional at sixty (60) years
old, while mandatory at sixty-five (65) years old. (According to Article 287, Labor
Code)
3. Notice Period. At least 30 days prior to the date of termination, the employee
must receive a written notice of termination outlining the reasons for the dismissal.
51
Together with a copy of the notice to the Department of Labor and Employment
F. Payments of Employee
1. General Management
Rates (Php)
Regular day
Probation 107.825
Regular 119.81
Benefits:
52
• Mandatory benefits (SSS, PhilHealth, Pag-IBIG)
• 13th-month pay
TABLE 4.3 Compensation rates given to the seamstresses, painter, service crews, and sales
representative
Rates (Php)
TABLE 4.4 Hourly overtime rates given to the service crew and sales representative
Regular day
Probation 90.33
Regular 95.85
Benefits:
53
• Mandatory benefits (SSS, PhilHealth, Pag-IBIG)
• 13th-month pay
3. Accountant
Rates (Php)
Regular day
Probation 95.85
Regular 107.83
Benefits:
• 13th-month pay
54
G. Duties and Responsibilities
Job Description:
• Attract patrons by building and putting down roots in marketing, advertising, public
• Set performance standards for tasks, jobs, and roles of their employees.
Qualifications:
• Male or Female
management, administration.
55
or equivalent.
Supervises: None
Job Description:
• Financial forecasting
Qualifications:
• Male or Female
Supervises: None
56
Job Description:
• Should show a solid grasp of the different fabrics and sewing methods.
Qualifications:
• Male or Female
• Undergraduate/Graduated
Supervises: None
Job Description:
• Can provide a precise service while being considerate of their unique needs
Qualifications:
• Male of Female
• Undergraduate/Graduated
57
• Attention to detail.
Supervises: None
Job Description:
• Examine the shelves and restock any items that are going low.
• Arrange the displays and make sure they stay in good shape throughout the store's
operating hours.
• Gives customers prompt, precise service while being considerate of their unique
needs.
• Picking up trash and adhering to standard cleaning techniques keep the place tidy.
Qualifications:
• Male or Female
• Undergraduate/Graduated
58
Title/ Position: Sales Clerk
Supervises: None
Job Description:
Qualifications:
• Male or Female
H. Work Schedule
1-hour break:
59
• Seamstress 2: 2:30 p.m.
60
Chapter V
FINANCIAL ASPECT
The Financial Aspect discusses how much start-up capital is required, sources of
capital, returns on investment, and other financial considerations. It also indicates the
amount of cash needed in the business and an assessment of the financial aspects. As part
of this chapter, assumptions, forecasts of demand, balance sheets, income statements, cash
A.Statement of Assumption
• The official opening date and the start of the business will be August 06, 2023,
2. Assets
• The company will rent the spaces needed, and all of the office equipment,
• Customers pay for all service revenues. The transactions will not include any
doubtful accounts.
• Aside from the listed asset, there will be no additional long-term asset
costing prices, with the remaining funds being placed in the bank for security and
61
• monitoring and supervision.
3. Liabilities
• Rent Payable on the Balance Sheet represents the utility expenditure for the final
• Accounts Payables on the Balance Sheet indicate contributions for the last month
4. Equity
• The partners contributed a total of Php 49,000.00 capital from their personal
• The partners divide their profit and loss based on their initial capital contribution.
• Each partner of his/her share in the annual net income will direct to the bank.
5. Revenue/Sales
• Sales rendered are based on the results of the demand in the market survey.
• Sales revenue is anticipated to grow by 15% annually, and the selling price will
remain unchanged.
• All sales revenue will be paid in cash. (No accounts receivable should be
assumed)
6. Expenses
• Employees will receive two payments every month, on the 15th and the 30th of
each month. Salaries expenses will be paid in cash and will not change.
62
• Office Supplies Expenses will be paid in cash and are increasing by 5% every
• Rent, Advertising, and Promotion will be paid in cash, and will not change.
• Utility Expenses will be paid in cash and are increasing by 5% every year based
• Repairs and Maintenance will be paid in cash and are increasing by 10% every
• Permits and licenses will be paid in cash annually (except for the one-time
registration payment).
• The income tax rate is 30% under CREATE Law when the annual net income is
B.Costing Template
63
C.Sales Forecast
D.Income Statement
64
Table 7.4 Income Statement for years 2024-2028 (Multi-Step)
65
66
67
F. Statement of Cash Flow
68
G.Statement of Financial Position
69
Table 7.8 Note 1: Projected Cost of Services
70
Sales Clerk ₱15,000 ₱16,000 ₱186,000 ₱192,000 ₱201,600 ₱211,680 ₱222,264
2
71
Table 7.12 Note 5: Rent
RENT
EXPENSE ₱420,000 ₱441,000 ₱463,050 ₱486,202 ₱510,512
Annual Increase
Monthly ₱1,000
Year 1 ₱12,000
72
Table 7.16 Note 9: Schedule of Property, Plant, and Equipment Purchases
Office
Equipment
Desktop ₱17,425
Computer
Printer ₱3,800
Furnitures &
Fixtures
Fire ₱1,000
Extinguisher
Business Name
reservation for 90
days: ₱120 ₱126 ₱132.30 ₱138.91 ₱143.91
SEC Registration
Fee: ₱ 2,530 ₱2,656.50 ₱2,789.32 ₱2,928.79 ₱3,075.23
73
Stock Transfer
Book: ₱500 ₱525 ₱551.25 ₱578.81 ₱607.75
BIR Documentary
Stamps: ₱1,500 ₱1,575 ₱1,653.75 ₱1,736.43 ₱1,823.25
For
City/Municapality
(Manila) ₱500 ₱525 ₱551.25 ₱578.81 ₱607.75
BIR registration
Fee ₱500 ₱525 ₱551.25 ₱578.81 ₱607.75
Loose Documentary
Stamp ₱30 ₱31.5 ₱33.07 ₱34.72 ₱36.46
SSS Mandatory
Provident Fund ₱67 ₱70.35 ₱73.86 ₱77.56 ₱81.43
SANITARY
PERMIT ₱100 ₱105 ₱110.25 ₱115.76 ₱121.55
Permits and
Licenses Expenses ₱9,177 ₱9,636.06 ₱10,117.86 ₱10,623.76 ₱11,154.94
74
Table 7.19 Note 12: Safety Tools Expenses
Probation) Regularization)
Manager
MONTHLY
VALUES
75
TOTAL ₱1,488,000 ₱1,608,000 1,548,000 ₱531,360 ₱151,252.92 ₱128,044.80
ANNUAL
VALUES
76
H. Return on Investment
77
Chapter VI
The socio-economic feasibility is defined as the factors between society and the
economy that may affect the business. In addition to defining how the business contributes
to fostering a good relationship with society, it also outlines what its responsibilities are in
contributing to the growth and development of the economy as a whole. This chapter
enumerates the benefits contributed by this business to the employees, the government, the
A. Employees
Employees play a vital role in the success of any business by managing and
operating it to generate enough revenue for sustainability. They are considered as the
functions. Excluding them will result in fragmentation, causing significant problems to the
With The Ecosthetic Totes, job opportunities are created in the locality, reducing
78
B. Local People
In addition to contributing to the economy, the business will also bring growth and
innovation to the community in which it is located. Therefore, the place has a huge potential
for a profitable market. This will encourage investors and entrepreneurs to establish more
The Ecosthetic Totes is also capable of providing quality service that will help to
C. Municipality
Along with this business, it will provide employment chances for those who are
unemployed in the area. The business will gain from the collection of income, corporation,
and business taxes as well as licenses, and municipal fees, which will also benefit the Pasay
government. They can boost the government's income which can then be put toward local
and national government programs. The company may also take part in local government
environmental projects.
D. Environment
By reducing and reusing the materials it uses, the company will do its part to protect
the environment. In the process, it will help cut down on the costs for the company. The
likelihood of acquiring fees and having to perform potentially expensive remedial work in
The business will also motivate other businesses and establishments to participate
79
in local or national government campaigns or seminars about the environment. The
business will also educate its clients, customers, and staff members about environmental
issues.
E. Country as a Whole
Businesses play a vital role in boosting the economy through their contributions.
They can aid economic growth by creating job opportunities for those who are currently
unemployed. With significant revenue generated, this company will pay substantial taxes
which go towards funding important public services such as police and fire departments,
The Ecosthetic Totes will do all its effort to help the economy and the country as a
whole.
F. SWOT Analysis
80
G. GANTT Chart
ACT. AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG EXP.
Conceptualization ₱5,000
Location
Renovation ₱30,000
Procure ₱44,395
Equipment
Employees
Marketing ₱3,000
Opening ₱10,000
TOTAL:
₱142,000
81
REFERENCES
Bibliography
Hoornweg, D. (2012, March 1). What a Waste : A Global Review of Solid Waste Management.
http://hdl.handle.net/10986/17388
American Express Business Trends and Insights (2020, January 15). What Is a Partnership
Business? Business Class: Trends and Insights | American Express.
https://www.americanexpress.com/en-ca/business/trends-and-insights/articles/what-is-a-
partnership-business/
Nordqvist, C. (2021, October 27). Competitor – definition and meaning. Market Business News.
https://marketbusinessnews.com/financial-glossary/competitor-definition-meaning/
82
DOCUMENTATION
83
CURRICULUM VITAE
Email: andreacassandra002@gmail.com
EDUCATION
Senior High School - Arellano University Jose Abad Santos Campus (2021 – Present)
Junior High School - Western Bicutan National High School (2017 – 2021)
ACHIEVEMENTS
84
Name: Kyla C. Barrion
Email: barrionkyla0309@gmail.com
EDUCATION
Senior High School – Arellano University Jose Abad Santos Campus (2021 – Present)
Junior High School – Las Piñas National High School – Main (2017 – 2021)
ACHIEVEMENTS
85
Name: Mary Anne Bayonito
Email: bayonitomaryanne@gmail.com
EDUCATION
Senior High School – Arellano University Jose Abad Santos Campus (2021 – Present)
ACHIEVEMENTS
86
Name: Jannina B. Bo
Email: janninabo6@gmail.com
EDUCATION
Senior High School – Arellano University Jose Abad Santos Campus (2021 – Present)
Junior High School – Dr. Arcadio Santos National High School (2017 – 2021)
ACHIEVEMENTS
87
Name: Jessa Mae M. Diocos
Pasay City
Email: jessamaediocos45@gmail.com
EDUCATION
Senior High School - Arellano University Jose Abad Santos Campus (2021-Present)
ACHIEVEMENTS
(2015 – 2016)
2016)
(2015 – 2016)
88
Name: Kyla Bianca P.
Email: gatokylabianca@gmail.com
EDUCATION
Senior High School – Arellano University Jose Abad Santos Campus (2021 – Present)
Junior High School – Signal Village Nation High School (2019 – 2021)
ACHIEVEMENTS
89
Name: Elisha Larsen E. Guese
Religion: Christian
Email: elishalarsen.guese@gmail.com
EDUCATION
Senior High School - Arellano University Jose Abad Santos Campus (2021-Present)
Junior High School - Pasay City North Junior High School (2020-2021)
ACHIEVEMENTS
90
Name: Caitlin Faith A. Hashimoto
Email: Caitlin.faith.educ@gmail.com
EDUCATION
Senior High School – Arellano University Jose Abad Santos Campus (2021 – Present)
Junior High School – Del Rosario Christian Institute Inc. (2017 – 2021)
ACHIEVEMENTS
91
Name: Julianna P. Israel
Email: israeljulianna85@gmail.com
EDUCATION
Senior High School - Arellano University Jose Abad Santos Campus (2021 – Present)
ACHIEVEMENTS
92
Name: Jehman Andrei Marcos
Date of Birth:
Religion:
Email: Mjehmanandrei@gmail.com
EDUCATION
Senior High School – Arellano University Jose Abad Santos Campus (2021 – Present)
Junior High School – Pasay City East High School (2017 – 2021)
ACHIEVEMENTS
93
Name: Jennie Rose C. Mateo
Email: jrcmateo@gmail.com
EDUCATION
Senior High School – Arellano University Jose Abad Santos Campus (2021 – Present)
Junior High School – Las Pinas National High School Main (2017 – 2021)
ACHIEVEMENTS
• Graduated Elementary and Junior High School with an Honor (2011 – 2021)
• Consistent MTAP student from grade one to junior high school (2011 – 2021)
• Was member of various school clubs such as Math, Filipino, Values and English
94
Name: Lheamie F Miron
Email: lheamiemiron47@gmail.com
EDUCATION
Senior High School – Arellano University Jose Abad Santos Campus (2021 – Present)
Junior High School – Paranaque National High School Extension Tambo (2018 – 2021)
ACHIEVEMENTS
95
Name: Rica Rose F. Pecho
Email: ricarosepecho@gmail.com
EDUCATION
Senior High School – Arellano University Jose Abad Santos Campus (2021 – Present)
Junior High School – Western Bicutan National High School (2017 – 2021)
ACHIEVEMENTS
96
Name: Erica Mae F. Villenes
City
Email: ericamaevillenes19@gmail.com
EDUCATION
Senior High School – Arellano University Jose Abad Santos Campus (2021 – Present)
Junior High School – Pres. C. Corazon Aquino National High School (2017 – 2021)
ACHIEVEMENTS
97