II.

Executive Summary

In a world in which portability is becoming increasingly important, we

are constantly searching out new and innovative ways to add convenience to our

lives. One of the most frustrating things that could appear all through an

average day is to locate that your phone or tablet has run out of power in the

moment you need it most. Why do we need portable power source? The need of an

on hand electricity source is vital for our day by day survival. The common person

contains with him at least electronic devices like cellphone, digital camera, MP3,

laptop, tablet, and computer. And the truth is that we now rely upon these devices

to stay connected to the web, family, or even in our work. So what will happen if

your cellphone or other gadgets’ battery is dead? You will likely start to sense

uncomfortable and stress and in case you did not take your charger with you or in

worst you’re staying outdoor without a handy electricity port, you would not be

able to use your cellphone. A brand new product has hit the market that will you to

remove this common problem once and for all.

Solar energy is growing to be quite popular in a variety of different forms

and solar power bank are no different. Solar power bank is a portable charging

device that let you to charge any USB capable device wherever you may be. A

power bank that will store and let you charge your other devices on the go, when

needed. A solar power bank works the same way, just instead of electricity, it uses
the sun (through the built-in solar panels) to charge itself. Then the accumulated

power is fed into the rechargeable batteries, which will hold that power until you

need it. These portable power banks are easier to carry than other solar power

units, which means you can carry these banks around and use them for a variety of

different purposes. They get renewable energy from the sun using small solar

panels, a lithium-ion battery, and solar chargers and can charge mobile devices like

smartphones and tablets via USB ports which acts as a battery charger. You could

actually use portable power banks to whatever need you deem fit. Anybody differs

and lots of people use them for exclusive reasons or scenarios. But, solar energy

banks are simply quite beneficial for camping journeys or in conditions where you

are outdoors and you recognize there is going to be no power or strength sockets.

Many people use solar energy banks for this sole motive.

Today, solar powrer banks are becoming much popular – and much greater

useful. Whether you are searching out for a smaller bank that can simply charge

your electronic gadgets, a bank to use all through camping, power banks can be

used efficiently in a lot of different ways.

ContriveR Corporation is taking advantage of an opportunity to become a

highly distinguished and recognized leader in the power bank industry. It is the

main goal of our company to become established as the leading distributor in the

whole Iligan City area.

VI. THE PRODUCT AND SERVICE OFFERING

With our company around, ideas related to electronics are accepted for as

long as this help the people on their burdens about electronics may it be producers

or consumers; ContriveR Corporation offers a complete package of great, safe and

fast charging product with a high quality at prices so affordable that is designed to

allow the customers to be safety, convenience and portability, lesser utility

expense, and time-saving.

Product Features

 Long Battery Life

 Charge 3 Gadgets at Once

 Quality Assurance Guarantee

 Recharge with Sunlight using USB Cable

Product Services

 1 month warranty

 Product Demonstration

 Customer Service

How to use the product? As easy as ABC:

A. Insert cellphone or other gadgets to power bank port

B. Press power button

C. Enjoy fast charging

 We povide innovative and good quality products that could meet customers

needs and satisfaction.

Customers may visit our website at www.contrivercorp.com this includes the

description of products, the areas which are located, contact information, list of

manager and workers brief resumes. They can also email us at

contrivercorporation2019@gmail.com.
VIII. The Financial Forecast and Expected Return, Risk and Contigencies

A. Financial Forecast

The table below shows the Projected Income Statement from 2019 to 2021.

Assuming that the company projected 25% interest each year as the demand of

power bank goes up.

Yearly

2019 2020 2021

Total Revenue P71, 964,000 P89, 955,000 P112, 443,750

Total Expenses
Employees’
P1, 368,000 P1, 710,000 P2,137, 500
Salaries

P120, 000
Utilities P150,000 P187, 500

Rental P600, 000 P750, 000 P937,500

Electricians P684, 000 P855, 000 P1, 068,750

Solar Panel P2, 268,000 P2, 835,000 P3, 543,750

DC Step-Up Boost
P3, 168,000 P3, 960,000 P4, 950,000
Module Board
Samsung Lithium
P33,300,000 P41,625,000 P52, 031,250
on Batteries
Hole Battery
P1,080,000 P1, 350,000 P1, 687,500
Holder
 Dual USB Lithium
P3, 636,000 P4, 545,000 P5, 681,250
Charging Board
Insurance –
P120, 000 P150,000 P187,500
Business

Insurance – Health P60, 000 P75,000 P93,750

Licenses P30, 000 P37,500 P46,875

Packaging P200, 000 P250,000 P312,500

Distributor P100, 000 P125,000 P156,250

Repair &
P50, 000 P62,500 P78,125
Maintenance

Manager P150, 000 P187500 P234375

Total P46, 934, 000 P58,667,500 P73, 334,375

Gross Profit P25, 030,000 P31, 287,500 P39, 109,375

Employees’ Salary Expense -------- P114,000 per month / P1,368,000 per year

 P380 x 15 days = P5,700 per person every 15 days (10 workers)

Utility Expense ------------------------- P10,000 per month / P120,000 per year

 P10,000 per month

Rent Expense -------------------------- P50,000 per month / P600,000 per year

 P50,000 per month

Electricians ----------------------------- P57,000 per month / P684,000 per year

 5 electricians
- P380 x 15 days= P5,700 every 15 days

Licenses --------------------------------- P30,000 per year

Insurance – Business ----------------- P120,000 per year

Insurance – Health ------------------- P60,000 per year

Packaging ------------------------------ P200,000 per month

Distributor ----------------------------- P100,000 per year

Repair & Maintenance ------------- P50,000 per year

Manager ------------------------------- P150,000 per year

Physical Expense -------------------- P3,621,000 per month / P43,452,000 per year

 Solar Panel
P63 per solar x 100 pcs a day = P6,300
P6300 x 30 days = P189,000 per month / P2,268,000 per year
 DC Step-Up Boost Module Board
P88 per module board x 100 pcs a day = P8,800
P8,800 x 30 days = P264,000 per month / P3,168,000 per year
 Samsung Lithium on Batteries
P185 per batteries x 5 batteries = P925
P925 x 100 pcs a day = P92,500
P92,500 x 30 days = P2,775,000 per month / P33,300,000 per year
 Hole Battery Holder
P30 per holder x 100 pcs a day = P3,000
 P3,000 x 30 days = P90,000 per month / P1,080,000 per year
 Dual USB Lithium Charging Board
P101 per board x 100 pcsc a day = P10,100
P10,100 x 30 days = P303,000 per month / P3,636,000 per year

Estimated Product for a day

 10 pcs power banks each 10 workers

 10 pcs x 10 workers = 100 pcs/day

Estimated Revenue

 100 power banks x P1,999 = P199,900 per day

 P199,900 x 30 days = P5,997,000 per month / P71, 964,000 per year

B. Risk and Contigencies

The following risk and contigencies are the plans for handling a risk if it

occurs. This does not reduce the probability of the risk occuring but reduces the

impact should it occur.

Budget. Contigency budget set aside to manage the impact of risks. For

example, in its production that includes production cost contigency in its budget to

handle the risk of construction delays.

Schedule. Including contigency time in schedules to handle likely delays.

Human Resources. Preparing teams to continue without key resources with

techniques such as training, knowledge transfer, resource planning, and scheduling.

For example, in company’s site that ensure at least 3 people on every shift know

how to operate a machine or how to do the electrician’s job such that production

continue when someone calls in sick.

Locations. Preparing a work area for disaster recovery as a hot or cold site.

Equipment. Maintining idle or underutilized equipment that can be used in

the event of equipment failure.

Procedures. Establishing processes and procedures to handle risks when

they occur. For example, developing a plan for managing an information security

incident.

Training. Train employees to deal with situations that might occur. For

example, we train employees in which they know how to handle when incident

happens such as equipment and machine that needs to be shut off, plug off, and

instructions to be provided to customers.

Capabilities. Developing employees’ capabilities that can be used when a

risk occurs. For example, an employee/s with first aid services and a program of

first aid training for staff.