ABM

BUSINESS
PLAN

PREPARED BY :
GROUP 5 & 6
ACCOUNTANCY BUSINESS & MANAGEMENT
FOR :
ENTREPRENEURSHIP
SHARON CALLO
I. EXECUTIVE
SUMMARY

GUIDE INFORMATION

✓ Description of your
proposed business &
business model
✓ Description of the
market opportunity you
want to capture or market
problem the business
solves.
✓ Reasons why this is an
attractive business
opportunity.
✓ Key distinctions or
differentiators of your
business vs. competitors
✓ Overview sales,
marketing and operation
strategy.

✓ Description of executive
planning timeline
✓ Overview of the
projected financials
containing revenues, cost,
profits and assumptions of
your business.
 I Executive Summary
Via's fashionable facemask offers unique fashionable
and has good quality facemask that will accommodate the
needs of the people nowadays due to COVID-19 in Bataan.
Historical data shows that there is an increasing demand for
face masks among the towns of Bataan, However, the existing 5
competitors are not able to meet such demand resulting to a big
gap. This means that there is a big unmet demand in the market
in face masks. Our goal is to fill something to meet the desired
demand. One of our primary strategies is to offer customers a
variety of options for choosing their own face masks.
Fashionable facemasks will be offered in various colors and
designs to give customers options. Customized facemasks will
also be offered to some institutions like schools and offices. Our
business will be initially operating as a home-based enterprise
and will use social media platforms like (FACEBOOK or
INSTAGRAM) to advertise colors and ready made designs of the
facemasks. Customers will have the options to pick up the
products or have them delivered at their convenience. Via's
fashionable facemasks has several unique and competitive
designs that will be used to advantage to penetrate the market.
Initial capitalization for business is Php 27,000 good for one
month expense. Expected revenue for 1 year is Php 290,280
while total cost for goods sold amounted to Php 158,580, while
cost of goods sold amounted to Php 158,580
 II. MANAGEMENT
AND
ORGANIZATION

GUIDE
INFORMATION

✓ Company Name, Logo and address ✓ Vision and

Mission Statements ✓ Key personnel ✓ Organizational
Chart ✓ Ownership Capitalization, Compensation and
Incentives ✓ External Management Support
 II. MANAGEMENT AND ORGANIZATION :
A. Company Name: Via’s Fashionable Face Mask
B. Logo:

C. Address: #5380 Zamora St. Brgy.

Poblacion, Mariveles, Bataan
D. Vision Statement: Via's Fashionable Face
Mask will be the leading provider of unique, fashionable, and high-
quality face masks that will accommodate the needs of the people
in Bataan
E. Mission Statement: Via's Fashionable Face Mask is a socially
responsible enterprise providing high-quality, unique, and
reasonably priced fashionable face masks which caters health
needs of the people in Bataan.
F. Key Personnel: Owner/ Manager
G. Work Force and Support Personnel: Sewer, helper
H. Organizational Chart:

OWNER/ MANAGER ADVISORY COUNSIL

SEWER
Duties and Responsibilities:
1. Owner/ Manager - He/she oversees and manages the business.
He/she is responsible and accountable for every decision or action
for the business.
2. Advisory Council - They advise the owner in managerial aspects.
They must be knowledgeable about how the business runs. This
position is on-call only.
3. Sewer- He/ she creates and makes the product.
I. Ownership: Sole proprietorship
J. Capitalization: Php 27,000
K. Compensation and Incentives:
Employees ' Salaries
Advisory Council - P500(monthly consultation)
Sewer-P6,850 monthly (P10x685pcs.)(weekend work)
Incentives: 13th month pay Cash bonus
L. External Management Support : Parents
 III. PRODUCT
PLAN

✓ Purpose of your
product/ service
✓ Product/
services unique
features
✓ Materials
Requirements &
sources of supply
✓ Processing
equipment that
will be used to
manufacture the
product/ render
the service
✓ Distribution
logistics

GUIDE
INFORMATION
 A. Purpose of the Product
Via’s Fashionable Face Mask will offer the residents of Bataan, a unique,
good quality and variety of options for choosing their own face masks. There are
different colors to choose from. We can cater schools if ever they decide to
have color coding per grade level. For offices, we can provide customized face
mask like printing the name of the company or any designs they want.

B. Products Unique Features

Via’s Fashionable Face Mask shows its unique features. The first
is the wide variety of colors that customers can choose from. They
can freely select the color they want. The second is the printed
designs of face mask. This is best for some teenagers who are
fashionable. Below are the samples of face masks:

Neoprene mask is best used as a material for washable face mask. Neoprene
(also polychloroprene) is a family of synthetic rubbers that are produced by
polymerization of chloroprene (Wikipedia). This fabric is water resistant that
can protect us from the virus.
 A. Purpose of the Product
Via’s Fashionable Face Mask will offer the residents of Bataan, a unique,
good quality and variety of options for choosing their own face masks. There are
different colors to choose from. We can cater schools if ever they decide to
have color coding per grade level. For offices, we can provide customized face
mask like printing the name of the company or any designs they want.

B. Products Unique Features

Via’s Fashionable Face Mask shows its unique features. The first
is the wide variety of colors that customers can choose from. They
can freely select the color they want. The second is the printed
designs of face mask. This is best for some teenagers who are
fashionable. Below are the samples of face masks:

D. Production Process and Controls that will be used to manufacture the product
Below is the process on how to make a face mask:
1. Create a pattern. a. Draw patterns in different size (Small, Medium, Large and
Extra Large). b. Cut the pattern.
2. Transfer the pattern to the fabric, and then cut it.
3. Sew the cut cloth.
4. Trim the excess thread.
5. Pack the face mask in a clean plastic bag.
6. Add label. Print in small square paper the name and logo of the business. Indicate
also the sizes.
 Materials Sources
Fabric store in City of
Neoprene Fabric Balanga, Bataan
Sewing Machine Sewing machine in City of
Balanga, Bataan
Sewing supplies and tools Sewing supplies in City of
Balanga, Bataan
Plastic for packaging Plastic store in City of
Balanga, Bataan

E. Distribution Logistics
Via’s Fashionable Face Mask initially operates as a home-based enterprise
and uses social media platforms like Facebook and Instagram to advertise
the colors and designs of the washable face masks. Customers may choose
if they will pick-up the item or it will be delivered at their convenience. For
delivery, there should be handling fee (Bataan area only) and shipping fee
(outside Bataan). Fees will be shouldered by the buyer. For bulk orders,
(minimum of 100pcs.) free shipping fee or handling fee is applied. Due to
the crisis today, the washable face masks will not be displayed in bazaars
or school fairs.

F. Regulatory and Other Compliance Issues

Via’s Fashionable Face Mask will be registered as a single proprietorship type

of business to the Department of Trade and Industry (DTI). A barangay
clearance will also be secured before applying for a mayor’s permit to operate
as a home-based business micro enterprise. The Bureau of Internal Revenue
(BIR) registration will also be done after getting all the necessary registration
documents and permits from DTI, barangay, and mayor’s office