Feasibility Study - Spa Resort
Feasibility Study - Spa Resort
By:
Jazmin M. Arada
Keyae P. Lucero
Milky D. Malasmas
Ruth B. Villanueva
August 2022
CHAPTER I
INTRODUCTION
Building a massage spa that provides more amenities with professional care
treatments in order to feel even more relaxed and release the tension in the body of
each guest. (This is an incomplete sentence. It’s a fragment. Improve). This leads to
facilities in both urban and tourist areas to meet the needs of people who are looking to
relax. As customers look to reset their physical, spiritual, and psychological well-being
and connect with a like-minded group on wellness excursions, the researchers are
anticipated to drive the expansion of the massage spa business. It helps the resort to
make sure that guests will feel at home when they check in and decide to stay longer.
Making this project will help to gain more profit, not only for the owner of the
massage spa, but also the resort will gain benefits because it will attract the attention of
all guests who want to be relax. It is a location inside a resort building that offers well-
performed personal care services including massages, facials, hair care, and nail care,
among others.
The term "massage spa resort" can be used to refer to any massage spa that
offers hotel accommodations. While massage spa days are frequently offered, most
visitors stay overnight at massage spa resorts in order to take full advantage of the
massage spas, some of the best golf courses in the nation, and other fun amenities.
While certain massage spa resorts, including bootcamp massage spas and destination
massage spas place a strong emphasis on health, others place a higher priority on
Club Leonardo Events Place and Resort is built upon a place of tranquility and
meditate, and be a haven for urban dwellers by breaking away from the hustle and
bustle of city life. The most important components of effective service are comfort and
satisfaction. By offering all of these, the proponents always make sure that the customer
will use the services offered. Guests can make reservations directly with the
management to use the services that are available. Additionally, the company will
provide access to a single portal that will act as a key informational resource for these
services.
development that gives consideration to each guest's compatibility with the natural
environment and gains its benefits from local communities. The firm's massage spa will
provide the use of natural substances, which is the developing trend in many massage
spas throughout the world these days, in order to encourage health recreation tourism.
The Leonardo's massage spa will employ natural products, such as those made with
organic components, environmentally friendly products, or native plants from the area.
pursuits with a rejuvenating massage spa experience, where visitors take their time to
fully savor a number of massage spa treatments. massage spas can be found
massage spa is only for vanity, yet doing so is not extravagant. Guests definitely need a
quick pause to relax in this day and age where stress is a constant threat. A quick trip to
the tropics is a great way to unwind, but planning one takes time, money, and effort.
With this business, a trip to the massage spa will be quick and affordable.
A company called Leonardo’s massage spa offers services related to health and
care. It is located at 75A J.P., Laurel Highway Brgy. Darasa, 4232 Tanauan, Philippines,
near Waltermart. Given that clients need it, the proponents have a bright future.
Nowadays, a lot of people give their appearance and health serious consideration. As a
result, they started this company to meet their demands and assist them in obtaining a
range of services aimed at enhancing their health, appearance, and relaxation through
personal care procedures including body treatment, foot massage spa, etc.
In keeping with the proponents’ goal to become the most popular customer
destination in the Tanauan area, the proponents perform these services with high
quality. This business has a very reliable and talented management team with a wealth
massage spa located at 75A J.P. Laurel Highway, Brgy. Darasa, 4232 Tanauan, It has
Marketing Aspect
● Who will be the primary and secondary market for the newly added facility?
● What is the unique selling proposition? What is the value added to the resort?
Technical Aspect
Organizational/Management Aspects
Financial Aspect
● How much would be the added capital to support the new facility?
● What will be the source of the needed capital? (Liability or Owner’s Equity)
● What are the projected sales, net income, and cash flow for the next 3 to 5
years?
Socio-economic Aspect
● What is the socio-economic benefit that can get through this service?
● What benefits will get to all services offered by the spa to satisfy the customers?
● How much is the salary and how is it allocated for wellness treatment?
Environmental Aspect
● Which of those products should not be thrown away for being highly polluting?
establish if the study concerning the new massage spa facility at Club Leonardo would
be feasible:
I. MARKETING ASPECT
markets.
● To identify the services packages that will satisfy the needs, wants, and
● To identify the type, quality, and quantity of supplies, materials, and equipment to
● To determine the massage space size needed for the new facility.
● To determine the parts of the service process where there are opportunities to
● To establish the business' financial viability throughout the three years of the
projection period.
V. MANAGEMENT ASPECT
● To determine the number of personnel required in order to run the massage spa
● To describe the positions –management, supervisors, employees
employees
● To develop manpower needs that can ensure smooth operation over the long
term
● To determine the benefits of the services offered by the spa to the overall
wellness of customers.
This project examines the feasibility of building a massage spa resort in Club
Leonardo, located in Tanauan City, Batangas, in order to meet the satisfaction of each
guest. This will focus on the marketing, technical, management, and financial aspects of
the business. The proponents' target market are the consumers who go to spas that are
classified into three categories, including (a) adult age: 20–39 years old; (b) middle-
aged adult: 40–59 years old; and 60 years old and above. It will also cover the
effectiveness of building up a massage spa along with its marketing strategies, as well
as how they measure the impact of these strategies on their business targets and how
they work with their competitors in the industry. As a newly established facility, it needs
a market, a layout and design, personnel, and funding to launch. These elements are
therefore necessary.
The proponents believe that this study was conducted to benefit the following:
To the hospitality industry. This study will show how massage spas have become an
indispensable part of profitability and the benefits of that to the industry, especially to
To the resort manager. This study will give them insight that massage spas have a
greater impact on the success of the resort operation than previously thought.
To the potential customer. This will give them knowledge of how massage spas are
To the local tourist. This study can help them have more accessible places where they
To the future proponents. This research will be a useful reference for future
proponents who would plan to undertake any related study precisely underlying the
Research Methodology
In their feasibility study, the proponents will employ qualitative methods. Using an
open-ended survey as a primary data source to generate narrative responses. They will
also rely on secondary data coming from books, research, and websites to further
analyze and study the newly added facility if it proves feasible. They will interview 10
people who usually get a massage service to know what kind and quality of service they
will provide for a massage spa to be feasible. In addition, they will interview a
representative from the resort to get relevant information to support the study.
acquired to confirm and demonstrate the viability of the advocates' proposal to add Club
Leonardo's massage spa to the Club Leonardo Resort. (What you actually did was
market validation, not a survey. Emphasize the benefits of conducting market validation
as oppose to a survey: less cost, you are able to ask follow up questions right away
Primary Data
An interview-based questionnaire was the one used in this study. This approach
will be used to collect data in which intended respondents are given sets of questions.
Additionally, it is the quickest, most efficient, and most reasonable method of gathering
and analyzing primary data. Then, by simply inputting their responses in a particular
chat, respondents read the interview questions and fill them out according to their own
Google Forms, alongside quantitative survey questions on the same topic to learn what
their demands are in a massage spa. The survey will be sent through messenger.
The proponents will interview a member of the organization and will be asked open-
ended questions about the resort to get a deeper understanding of the operation. The
opportunity to observe the respondent's reactions allows the proponent to ask follow-up
behavioral indicators that appear to contradict what the participant is openly expressing.
Secondary Data
the Facebook page for Club Leonardo Events Place and Resort), journal papers, and
internal data. In order to better comprehend and discuss the study aims, the proponents
will also do a literature review using the information gathered and extract the key points.
Benchmarking
process could quickly grasp what is happening more broadly in a market. When
comparing institutions to others, the proponents will have an opportunity to see if the
resort’s spa massage values are higher or lower than those of the competitors. In
addition, the proponents also searched for different Resorts around Tanauan City to
Services Offered:
- Public Pool
Services Offered:
- Room Accommodation
- Function Hall
- Restaurant
- 5 swimming pools
Services Offered:
- 2 Swimming pool
- Room Accommodation
4. Terraza Manalo
Service Offered:
- Room Accommodation
- Function Hall
Location: 0978 J.P. Laurel Hwy, Barangay Ambulong Tanauan City, Batangas
Service Offered:
- Room Accommodation
- Swimming pool
- Lounge
Service Offered:
- Room Accommodation
- Swimming pool
Service Offered:
- Room Accommodation
- Swimming pool
Service Offered:
3. Shiraz Suites
5. Helicopter Tour
4232
Service Offered:
2. Bar
3. Garden
4. Karaoke
5. Massage
6. Swimming
Service Offered:
1. Infinity Pool
2. Nathan's Treehouse
4. Volleyball Court
5. Darts
6. Kayak
7. Foosball
9. Basketball Court
Internet Research
To gather a wider spectrum of study, the proponents use the internet since it
gives more free access to much updated information that could rarely be found in
books from the library. Furthermore, by using the internet, the proponents might quickly
look for certain data such as research, news, statistics, etc. that could be extremely
Library Research
The proponents studied a variety of materials from the library and gathered some
relevant data from a variety of sources, including diverse studies from previous research
projects and publications that are related to the proponent's feasibility study.
are: (a) adult age: 20–39 years old; and (b) middle-aged adult: 40–59 years old; and 60
years old and above in Tanauan City, Batangas (c) already experienced a massage spa
service. In addition, survey questionnaires are prepared through online sets of
questions. The proponents will administer the question personally to obtain a high
response rate. Furthermore, they will do a face to face interview with the person who
The following statements given are related to the study about the making of massage
spa businesses, which is found very useful to sustain the research needed by the
proponents.
(The sub topics should not be numbered. Also, there should be synthesis in the end)
I. Benefits of Spa
and meditation practices, wellness could now be seen as a necessity for healthy living
Hotel Kralj (2020), “wellness is," while massage spa is defined as a necessity, while
massage spa is defined as a luxury. Interestingly, the words "massage spa" and
"wellness" play an important role in determining where in the dictionary and individual
as a fragment of hotel design remains a moderately new trend; nevertheless, the focus
on in-house massage spas has brought bonuses to a number of hotel groups and has
sparked increased international hotel development worldwide (in which locations etc.).
bathing benefits. Meanwhile, budget airlines will enable these consumers to reach these
health, the demand for wellness products and services can only intensify.
To further support the benefits of spa massage, according to the American Massage
massage. And they have a wide range of reasons for doing so. More and more people
from among many massage styles to get relief from pain, to help with certain health
All businesses, including the massage spa industry, have recently faced
Massage Spa Association (2021) study, 52 percent of massage spa owners and
operators reported that the coronavirus pandemic had a significant impact on their
business, while 38 percent reported a negative impact on their business. The 11-day
Snapshot Survey that massage conducted in March features answers from more than
500 massage spa professionals who shared insights relating to their COVID-19
response efforts.
included using disposable goods rather than reusable ones and increasing the
frequency of sanitization techniques, such as going from twice to three times daily to
every half hour. Additionally, many massage spas have started checking visitors for
disease symptoms.
In addition, according to McNees (2021), the pandemic has hit the massage spa
industry especially hard, and the survey that they conducted shows how the massage
spa world dealt with those early blows. It also shows the resilience of those within the
industry as they scrambled to serve their guests and staff as they faced something
unprecedented, and that gives us a lot of hope for the future of massage spas.
In order to deliver the desired guest experience and financial results, according to
Henkin (2021), owner-managed massage spas necessitate constant attention and focus
from the owner or property manager. Too many owners decide to run their massage
spas and fitness centers without the expertise or passion necessary to provide a
promote the facility in an engaging and effective manner. Many owners lack the
necessary time commitment and capacity to regularly communicate with and manage
a day massage spa as well and can help your small business grow. A wise business
owner can diversify the services provided as the number of customers rises. It is also
feasible to bundle a number of services and market them as a unit. The owner of a day
spa might network with other local businesses to give discounts to employers who can
bring in large groups of customers. Another lucrative opportunity is to sell the items you
that is primarily based on the perceived worth of a product or service by the consumer.
Consumer-focused value pricing means that organizations base their pricing on how
expenses in the pricing calculation. Companies that offer distinctive or highly useful
products or services are better positioned to benefit from the value pricing model than
states that typical retail markups are 30 percent of the invoice value on average.
commodities like glass and aluminum, to 10% to 15% for most consumer goods, and up
to 30% for high-end or luxury items. These rates allow distributors, wholesalers, and
retailers to recoup costs associated with importing equipment, raw materials, or finished
goods, such as import duties, Value Added Tax (VAT), customer discounts,
warehousing fees, shipping charges (some of which are charged to the importer), and
While massage spa-focused lodging can also be a massage spa resort, Landman
(2021) notes that a massage spa hotel is typically situated in an urban area and lacks
outdoor amenities. There is variety in the facilities and settings that resorts provide,
such as beachfront resorts, as the name suggests. These various resort types provide a
wide range of amenities and extracurricular activities, such as golf, tennis, swimming
pools, kids' clubs, gyms, and workout courses. suitable for a family vacation.
recommendations from their therapists for usage at home. The customers will suffer a
great loss if the therapist does not really give the recommendations.
The eight most popular types of massage, according to the Massage Therapy
Industry Fact Sheet (2022), are Swedish Massage Therapy, Aromatherapy Massage,
Hot Stone Massage, Deep Tissue Massage, Back Massage, Pregnancy Massage,
massage spa to encourage customers since they target different types of areas
VII. Market for Spa Massage
While COVID-19 has had an impact on the profession, massage therapists have
changed to fulfill customer expectations. Looking at crucial market statistics from 2021,
according to the most current findings from AMTA (2021) polls. A man is now more
likely than a woman to have a massage, which is a change that has happened since the
epidemic began. In the previous year, 25% of men and 21% of women received a
massage. Customers who have children under the age of 18 at home are more likely to
have a child at home than those who do not have children at home. In 2021, 46% of
female customers and 23% of male customers received a massage in a spa. 34% of
visited a While 13% of consumers received their last massage at a name-brand chain,
7% of customers had a massage at their house or the home of someone they knew.
health and wellness website, massages, like facials, have no age restrictions, although
most spas do not give services other than simple manicures and pedicures to children
under the age of 16 or 18. Having said that, massage may be utilized at any age to
assist with relaxation and improve wellness. People go through so much physical and
comfortable in their "new" bodies, taking care of the skin, coping with growing pains,
challenging. Most spas will require a signed consent document from the minor's parent.
The permission document protects both the therapist and the establishment. Some spas
require a minimum age of 16 or 18 to have a massage or even enter the facility. Others
require parents to remain on the premises for the service, and others even want them in
the room during the massage. Same-gender therapists are frequently appointed. So, if
the kid is a girl, she will most likely be assigned a female massage therapist. It's
important to note that children and teens must always be accompanied by an adult
while visiting a spa. That simply means it's a great reason to spend quality time
together.
According to DOLE (2022), there are 105 weekend days, 12 regular holidays, 6 unique
There are 242 working days if people take the weekend replacement holidays, or 250
In the Philippines, the maximum allowable amount of labor time is eight hours each day.
If employees are required to work beyond such hours, the company is required to pay
extra costs.
On regular workdays, the standard overtime rate in the Philippines is 25%; on rest days,
domestic assistants, and non-agricultural field people, all employees in the Philippines
the Philippines has the largest call center industry in the world. Since the majority of
BPO clients in the nation are from the US or the UK, most employees work graveyard
shifts.
According to Tycoon PH, these are the fees they paid for in registering a small business
with the BIR (Bureau of Internal Revenue). The BIR Annual Registration Fee is Php
500, the Documentary Stamp is Php 75 and Books of Account cost of Php 200. The
Cost of Printing Official Receipts is Php 3,500 and as a Total Cost at BIR, it is Php
4,275 . A fee of Php2,000 was also paid to their accountant for handling the registration.
But for registering business, according to Tycoon PH , businesses must pay the SEC
(Security and Exchange Commission) like Business Name Reservation for 90 days cost
of Php 120, SEC Express Lane cost of Php 600 and SEC Registration Fee cost of Php
2,530. The Stock Transfer Book cost Php 500, BIR Documentary Stamps cost Php
1,500 and Notarial Fees which cost Php 1,500. As the Total SEC Expenses, it cost Php
6,750. According to the DTI (Department of Trade and Industry),in registering a small
business , there's also payments that the business needs to pay. So, in calculating
business costs, they have to take all these into account. Tycoon PH estimates that they
need at least Php 1 million to start a business in the Philippines, but if it's just to get a
business; therefore, where necessary, make sure you submit enough forms to prevent
unnecessary delays.
Depending on the kind of business structure you choose, the registration procedure for
For investing in a new facility like a massage spa, the ideal ratio of debt to equity
is 2, which means sixty percent (60%) of the capital will come from the debt, and thirty
percent (30%) of the capital will be from the equity stated by Investopedia Team (2022).
They also added that debt capital has the advantage of allowing firms to leverage a
small amount of money into a much greater sum and repay it over time. This enables
firms to finance growth initiatives faster than would normally be possible, thereby
boosting earnings at a faster rate. Debt interest is often tax deductible for the
corporation, whereas equity capital is not. Debt capital often has a lower investment
firms in the Philippines must apply for and receive a business permit unless they qualify
for one of the available exemptions. In the Philippines, the Mayor's Permit is another
name for the Business Permit. The Business Permit is an essential compliance
document that gives a company the right and ability to legally operate and do business
operating without a current business permit because doing so could result in fines,
penalties, and even the liquidation of the business.According to the DTI (Department of
Trade and Industry), there are additional fees associated with registering a small
business. Barangay coverage costs P200, municipal/city coverage P500, regional cover
P1,000, and national coverage P2,000. For your DTI documentation, they should also
charge a Php30 documentary tax. Other expenditures and fees to take into account
include paying for barangay clearance and the mayor's permit, which can cost
anywhere from P50 to P2,000 or more depending on where you live. Include the
charges for leasing, renting, building, or stall construction as well. In order to calculate
The amount of taxes a small business must pay is based on its revenue and whether
owner's income-based marginal tax rate, which can range from 10% to 37%,
corporations pay a flat tax of 21% on business profits. Bowers (2021) asserts that
education, license renewal, bed linens, and massage supplies. These can all be
deducted for company expenses, if not the majority. It's important to keep in mind that
we only pay taxes on the amount that is left over after deductions. Make sure you are
claiming all of the permitted deductions if you want to (legally) pay the least amount of
the money was spent, it had to be for business purposes. That matters when you spend
In summary, to open and successfully operate a massage spa and/or fitness facility
key skills, systems, and resources in order to produce a successful result, both from an
operational and financial perspective. If you are considering the addition of a massage
starting the design process. Once the design process has begun, it is extremely
beneficial to retain a qualified massage spa consultant to work closely with the
architecture and construction teams to ensure that the proper attention is paid to
functionality, not just to the design of an aesthetically pleasing massage spa. In the pre-
opening phase, there are numerous challenges in selecting and training staff, making
the right product decisions, developing appropriate systems and marketing tools, and in
many other areas where a massage spa consultant or an operator can be of assistance.
Finally, with regard to daily operations, whether you operate a massage spa internally,
The proponents presented different kinds of studies which are relevant to the present
study. This could help the proponents to enhance their studies and use this literature to
Marketing Aspect
This chapter of the study discusses the different aspects of marketing that must
satisfying, and recognizing the guest's needs, wants, and expectations through the
goods and services provided to them, which has an advantage over their existing
competitors. A good marketing strategy is one of the best components for business
success and has a great contribution to its capabilities and growth. As a major factor in
the success of the company, marketing implies information about the state of the market
in the project business area, which will be provided in this chapter. The company must
also think of innovative and fun ways to market their products or services to attract
guests and make them come back after a purchase or service. (On this paragraph,
remove the part where you are defining/discussing what market is)
The chapter on marketing is also one of the useful ones in feasibility study,
introducing the service facility to the market which can determine the success of the
project. Moreover, it is also one of the more complex parts. It is where the proponents
will identify their target market, their promotional, location, and pricing strategy. The
possibility of the project being implemented depends on whether the proposed project is
Leonardo Resort in Tanauan City, Batangas as the area of study because it is the most
The business's primary target market is those in the 20 years of age to 60 above
range who want to relieve their stress and enjoy a memorable experience while
exfoliating their entire body. It will be a big help not only for the resort but also for the
A. Marketing Mix
1. Product / Services
Club Leonardo was already offering event hall rentals and staycation
accommodations, which included rentals of villas and pools. Club Leonardo is basically
a private resort wherein guests can relax and celebrate their special occasions with their
families. On the other hand, a massage spa is a separate amenity a guest can enjoy.
This is open to the public but requires a guest's reservation upon going to the spa to
avoid overcrowding. This business wants to provide a variety of services for the purpose
of improving health, beauty, and relaxation through personal care treatments for the
residents. People wish to use the services in a way that suits their needs and lifestyle.
This massage spa has 3 cubicles for massage service. It also has a changing room, a
comfort room with a shower, and a storage room. Customers can go for body scrubs
Sugar Body Scrub Sugar is good for the skin. Sugar pulls water into the skin
Salt Body Scrub Since salt has antibacterial properties, it helps to keep skin
Coffee Body Scrub Coffee has several benefits, and these potential benefits also
You may have the best of both worlds with The Signature
Swedish Massage This is the most well-known form of massage. It’s meant to
Deep tissue This type of massage uses more pressure to reach deeper
massage can help relieve chronic pain. It can also help with
medicine.
Prenatal Pregnant women often feel pain in their lower back, legs or
massage hips and may suffer from swelling. There is evidence that
back pain and labor pain. It can also reduce the risk of
Association.
Hot stone Hot stone massage uses heated stones to massage and relax
name a few. Your RMT will use oils in Swedish, deep tissue
relax and it may help with sleep, too. One study found that
alone.
Reflexology Reflexology relies on the theory that parts of your body map
your foot could help with stomach pain. The RMT will follow a
Foot Massage
Foot Massage that help in relieving pain in other parts of the body by
techniques applied to the calf, upper leg region, and the foot.
Deep Tissue This involves slower and more forceful strokes that target the
Foot Massage deeper muscle layers and connective tissue. This method is ideal
for people who suffer muscle damage due to chronic injuries and
Thai Foot This is a deep massage where you use your thumb to apply
Massage pressure along specific lines of the entire foot. This method
seconds until the patient feels pain, and this is repeated for five
Sports Foot Mostly preferred by athletes, this type of foot massage involves
Massage different strokes and massages before and after they take part in
massage, but it is ideal for people who take part in sports activities
Either product or services, pricing is the important yet quite crucial part of the
business. The price of the massage spa depends on the service that a guest avails. The
services have their own corresponding prices based on the type of massage and scrub.
Since Club Leonardo is a service business, value based pricing will be the pricing
strategy that will be used to be more guest oriented. With the value added to the
business, it will gain more loyalty and increase guest satisfaction. The massage service
will not charge too much. The fixed cost of service depends on the quality and
environment of the massage spa that will provide satisfaction to the customer.
The pricing strategy used by the researchers is the combination of cost pricing
and competitive pricing strategy. Cost pricing is a pricing strategy by which the selling
competitive pricing is the process of strategically selecting price points for your goods or
services based on competitor pricing in your market or niche, rather than basing prices
pricing. We looked at our competitors, especially the nearby competitors and also
looked at their prices. By having those data, we then set the price of the services that
FOOT MASSAGE
The proponents selected five different massage spa in Tanauan City, Batangas:
Therapeutic 1 400
Swedish 1 400
Shiatsu 1 400
Head-Neck-Back 35 350
2. Vibes Massage
Massage
Massage
Massage
Massage
Massage
Open Hours: 9 AM - 2 AM
offered
Massage
stone / Ventosa
scrub
scrub
minutes massage
oil
5. Fairy Spalace
Location plays a significant role in determining the Business. The business will be
located at J.P. Laurel Highway, Brgy. Darasa Tanauan City Batangas. It is along the
main highway, very accessible to motorists, which is an appropriate location for the
business to gain more guests and the ability to market which could also be a
competitive advantage. On the other hand, the massage spa is located near the pool
has a total of 48 barangays. The business offers services to a variety of guests who
might use the resort's new added feature, which is the massage spa. The proponents
gathered data from random people living in the area of Tanauan who are legally
capable of providing sensible and professional thoughts, ideas, and opinions that can
The following data regarding the population of Tanauan City is gathered from
Matanda Oriental
n Pulo
Matanda
Tanauan Total
193,936
(I think you should also at least mention that the proposed location is in close proximity
to Malvar and Sto. Tomas. No need to include population details like what you have for
Tanauan. But discuss that Malvar and Sto. Tomas could be a source of customers as
well).
4. Promotion
Promotion is any strategic way that involves presenting products to the market.
It is very important in all businesses, especially when the business is new to the market.
Promotion makes the products publicly known to the consumers. Additionally, it also
addresses public needs, wants, problems, and desires towards a certain product.
Basically, promotion is the one that gains the attention of the public in order to sell a
A. Online Advertisement
Being one of the rising businesses and aiming to meet the satisfaction
level of the consumers is what the Club Leonardo's massage spa will do all
throughout its length of service. The use of technology is now getting vast to the
point that everything can be searched through its use. In promoting our business
to the industry, the proponents are using modern marketing techniques wherein
they use social media accounts that can be used to promote the business. The
proponents see social media like Facebook and Instagram as a great opportunity
to be a means of promotion.
a.
Poster
Posters are one of the least expensive kinds of advertising available.
Posters allow businesses to reach a large audience for a fraction of the cost of
effective manner. The proponents make sure that the Club Leonardo Spa Poster
b. Business Logo
values. It's imprinted on your products, business cards, website, social media,
People are the most important element of any service or experience. Any
service or experience must prioritize its customers. Services are frequently produced
and consumed simultaneously, and elements of the customer experience are changed
to cater to the specific requirements of the person consuming them. Effective customer
service is essential because consumers prefer to do business with people they like. By
providing customers with technical help, knowledge, and guidance, customer service
can enhance value. The foundation of the customer relationship between a firm and a
consumer is people.
B. Market Study
The proponents' target market are the residents of Tanauan City, Batangas, aged
20 years old and 60 above. They gave an open-ended questionnaire to their ten
respondents. All the respondents were to experience a massage spa. They will interpret
the following:
Primary Market
● Demographics:
- Male or Female
● Geographic:
● Psychographic:
● Behavioral:
Secondary Market
● Demographics:
● Geographic:
- From Lipa, Sto. Tomas, Malvar, Talisay, and a lot different people who
● Psychographic:
Every month, more than a hundred guests check in, swim, and book events at
Club Leonardo, according to Ms. Dierlyn Castillo, accountant and manager of Club
Leonardo. The majority of guest inquiries are for events, followed by visitors who rent
the swimming pool on a daily basis to take swimming lessons. The individuals who
attend swimming lessons include teens and young children accompanied by their
parents. There are also weekly gatherings for a prayer meeting. Subsequently, they
also received inquiries about check-ins to their villas. Usually, a group of friends or
family members, as well as a couple, check into the resort villas. Then, for events, most
people reserve it for the reception for their weddings and birthday celebrations. The
resort is always fully booked during peak seasons such as holidays and summer
vacation since people are searching for a location to rest, unwind, cool down during hot
sa spa na bubuoin
Respondents Answer:
1. Yes
2. Yes
3. Yes
4. Yes
5. Ye
6. Yes
7. Yes
8. Yes
9. Yes
10. Yes
2. Do you visit a spa for massages on a regular basis? How often? per week? per
month?
Respondents Answer:
3. TWICE A YEAR
7. Thrice a year
9. Thrice a year
SUMMARY:
spa for massage. Most often was every week to every 2 weeks, second to the most
often is monthly. One respondent answered yearly, two answered twice a year, and
three answered thrice a year. On the other hand, one answered that she had been to
3. What type of services do you usually avail during your visit in a spa?
Respondents Answer:
1. I get the whole body massage service and a couple massage whenever I’m with
my partner (Khariz)
4. There are 4 types of massage service I usually avail. It is sports massage since
I’m an athlete, aroma therapy, Hot stone massage, and foot massage. (Joan)
7. Since I play many sports I do sports massage. Then Thai massage, trigger point
10. Swedish Massage, Hot Stone Massage, Head and Scalp Massage, and Foot
Massage (Melody)
SUMMARY:
The majority of respondents prefer full-body massages such as Thai massage, sports
and reflexology. Moreover, many of them also prefer foot massages, like Joan, Jimmy,
4. What do you expect from the staff when you enter the spa?
Respondents Answer:
1. For me, first strong communication with the clients.second is the comforting and
relaxing place for me, and lastly the skills of the staff who will do the treatment for
me.. (Khariz)
9. Greeting me with a big smile and they act like a professional (Thea)
10. I expect that they will serve or give the customers needs and satisfaction.
(Melody)
SUMMARY:
Most of the respondents prefer a welcoming environment and quality of service. For the
conclusion the massage spa must have a calming atmosphere, aesthetic design and
5. Do you and/or your family go to resorts? How often in a year? Once? Twice? Thrice?
etc.
Respondents Response:
2. No ( Rachelle Ann )
SUMMARY: The responses indicated that the majority of the respondents typically
spend a year vacationing at the resort with their families. Five of the seven participants
stated that they visit the resort twice a year. Three more people responded after this,
claiming to go to a resort three times annually. One of them claimed to use it as a place
to celebrate any special occasion. One respondent consequently mentioned that his
family visits a resort occasionally once a year. As for visiting a resort with their family,
6. Have you tried getting a massage and enjoying other spa services during your stay
Respondents Response:
2. No ( Rachelle Samonte )
8. No ( CJ Mercado )
10. No ( Melody )
SUMMARY: The responses from the respondents vary because, despite the fact that
some of them frequently visit resorts, they have never attempted to book a massage or
other spa services for their vacation. Three respondents said they receive spa services
like body massages, sports massages / stone massages, and foot massages when on a
resort staycation. Seven people claimed they had never gotten a massage while on
vacation at a resort.
Respondents Response:
SUMMARY: The majority of the respondents indicated that they prefer to use spa
services in the evening (6 p.m. and later). Three responses say around four in the
afternoon, while one responder says whenever he has free time. Harris (2022) claims
that massage in the evening may have special benefits for certain conditions since the
immediate effects may encourage rest. If you receive the therapy an hour or two before
bed, it might improve your quality of sleep, help you control your body's temperature,
8. What price do you usually pay when you get a massage service?
Respondents Response:
The foot spa including the pedicure cost 500 up (Khariz Lydel Galleris)
3. - (Nelza Villanueva)
5. massage 500, body scrub- 1000, facial treatment- 3000, foot spa- 750 (Jimmy
Mercado)
7. massage- 2000, body scrub- 3000, facial treatment- 5000, foot spa- 2000
(Marcelo Mercado)
SUMMARY: The respondents' responses to the question regarding how much they
typically pay for a massage are varied because the spa they visited was different in
place and price. The cost of a massage according to the respondents is 500, 1500,
1499, 2000, and 2500. While the body scrub ranges from 1000 to 3000. Five
respondents stated that the cost of a facial treatment is greater than 1500. The
respondents estimate that the cost of a foot spa is somewhere between 150, 500, 700,
and 2000.
Respondents response:
1. First mitigate muscle and joint pain. That's the first and for me one of the
important things, second moisturize the skin and prevent problems in the dermis
4. Increase the flexibility of muscle, activate the blood circulation, stimulate the
immune system ,moisturize the skin and prevent problems in the dermis , stress ,
6. Activate the blood circulation, stress and bonding time with family.
7. Help heal the muscular and cervical contracture, activate the blood circulation,
stress , bonding time with family and bonding time with friends.
8. Mitigate muscle and joint pain, stress and bonding time with family.
10. Prevent fatigue as well as insomnia, stimulate the immune system, prevent
SUMMARY: The factor that mostly triggers the respondents' desire to visit a spa is
stress, with a response of six. Five respondents answered bonding time with family and
four of them answered bonding time with friends, activating the blood circulation,and
bonding time with friends . Three respondents answers moisturize the skin, prevent
problems in the dermis, . Two of them answer to stimulate the immune system,mitigate
muscle and joint pain, increase the flexibility of muscle, and prevent fatigue as well as
insomnia. Out of ten respondents,only one of them answers bonding time with boyfriend
prevents heart disease, including improving my skin health and has anti aging
benefits.
2. Relaxation and stress reduction, increases self esteem, self confidence, and
social life and improves skin health and has anti-aging benefits.
3. Relaxation and stress reduction, contributes to a better night sleep, and improves
mental health and well-being, regulates blood pressure, blood flow,and blood
circulation.
6. Regulates blood pressure, blood flow,and blood circulation, helps the body
release serotonin, improves skin health and has anti-aging benefits and improves
7. Relaxation and stress reduction and regulates blood pressure, blood flow,and
blood circulation.
8. Relaxation and stress reduction, regulates blood pressure, blood flow,and blood
10. Relaxation and stress reduction, regulates blood pressure, blood flow,and blood
circulation, helps the body release serotonin and improves skin health and has
anti-aging benefits.
SUMMARY: The benefit that mostly seek respondents in visiting a spa is relaxation and
stress reduction with a total of 8 responses . Six of them answers improves skin health
and has anti-aging benefits, regulates blood pressure, blood flow,and blood circulation
disease,contributes to a better night sleep, and helps the body release serotonin . Out
of ten respondents,only one of them answers increases self esteem, self confidence,
data sa gagawing spa. Ilalagay na through this survey the spa could know
what specific service and implementation of service that could add value .
Demand
To determine the monthly and annual demand for the massage spa, proponents
ask questions to individuals who receive massage services frequently. The demand for
resorts is usually seasonal; it is at its peak during the summer or holiday season. The
proponents distribute open-ended surveys to determine the need and want of their
customers. In addition to demand analysis, the proponents learned that there are more
than hundred people that visit and check into the resort that could be potential
customers for the spa. Tanauan also has 193,936 residents, which may contribute to
Supply
The quantity of products that producers are willing and able to provide and sell at
any given time is referred to as supply. There are factors that affect the production of
supply; government intervention; the production of goods from the supplier; and a lot
more external factors that will be discussed in the PESTLE analysis. Local brand
partners around the Philippines and international companies may supply the business.
The company will look for suitable suppliers that would provide high-quality products
while keeping costs down. Furthermore, they will search for suppliers who specialize in
machine and equipment, furniture and fixtures, spa material, spa supplies, office
MediLuxe will be the supplier of the spa machine and equipment. Furniture and
fixtures will be supplied by Furniture Source PH and Home Store PH. FW Spavenue
Inc. and FYI Bath and Body Essentials Inc. will supply massage spa materials and
supplies, while 3SLM School and Office Supplies Tanauan City will supply office
Competitive Advantage
The competition could be intense in a city with a variety of resorts and spas.
However, having a massage spa at a resort is a substantial advantage. Not all of the
resorts in the demographic region researched have spa on its own. The study provided
many benefits for both the business and the guests. This newly introduced resort
amenity allows visitors to unwind and rest in a way that ensures their health and well-
being. The massage spa makes use of reusable products such as towels and bathrobes
while maintaining sufficient hygiene. To ensure each customer's safety, the spa
employs a sterilizer. Despite its congested location, the resort features many types of
bamboo and plants that make it quite pleasant and soothing. Tanauan City is a large
city with many enterprises, but this is the first time that a resort would include a
massage spa. Being the first resort to have a massage spa is a distinct advantage.
People are usually eager to try something new, which they may obtain or experience at
this location. Full day of pampering and relaxation is possible with this extensive range
of treatments. Packages that are adaptable, allowing clients to design their spa day
B. SWOT ANALYSIS
SWOT analysis identifies internal factors that are strengths and weaknesses.
Also, external factors are the opportunities and threats that will affect the economic
Strengths
● Provide wellness therapies for clients who seek healthful treatments and
massages
Weaknesses
● Some customers view massage spas as a luxury, which is why they don’t
Opportunities
● Emerging tourism in Tanauan could help the business get guests, as well
in the market with the use of the internet and modern technology.
● Less Stricker protocol of pandemic helps in getting more guests in the
business.
● Holiday season or payday most people tend to look for places to unwind
Threats
Political Factor
● Rule of Law
that people must follow in their everyday lives. In line with this, the
proponents will always make sure that they will not violate any laws and
regulations in their business. They will produce products and serve their
proponents will always follow good and healthy competition when it comes
to promoting their product to the market. As for what the government has
done with antitrust laws, they protect consumers from any harmful or
competition with other competitors. The enterprise will always respect their
about not just their general health but also their future. A strong employee
Economic Factor
which implies that the value of the currency is authorized to vary in line
with the foreign exchange market. Currency rates are impacted by a
The business cannot run without the government’s approval, it will be hard
for the business to operate without the licensing or permit to start the
business.
particular country.
Social Factor
● Leisure interests
Technological Factor
lights and amplifiers for the music and lights. Different appliances will be
used for the sustainment of the place and the products from the
registration. Booking will also be held online. Operating the poolside bar
competitors
Legal Factor
to products. The product, logo, tagline, and company name are all
intellectual property of Club Leonardo. All of these were not copied and
are all originals that came from the entrepreneurs’ minds. To be able to
protect all the enterprise’s intellectual property from any act of plagiarism.
They address the copyright, patents, and intellectual property rights of the
law.
Health and safety are very important when it comes to business, so Club
safe and will not get any harm from consuming the product and service.
● Antitrust law in the Resorts & Casinos industry and overall in the country.
● Discrimination law
● Employment law
● Data Protection
Environmental Factor
● Weather
● Climate change
● Recycling
● Waste management in Services sector
● Endangered species
Technical Aspect
The technical details of the desired process are examined in the technical
clients, keeping the environment clean, and managing inventory to assess the efficacy
of the proposed project. In the endeavor to illustrate, articulate and determine the
project’s feasibility, the entrepreneurs should take into account numerous factors that
influence and affect the viability of the business. Moreover, the technicalities should be
extensively studied and assessed for the project to jibe that it is in the affirmative.
The Club Leonardo Spa offers many different types of massage services from
head to toe. It is facilitated by a massage therapist with the aim of helping the guest
relieve stress and tension, improve range of motion and circulation, enhance a state of
well-being and offer a preventive lifestyle through all the services provided by the spa in
a professional manner.
There’s no age limit for getting a massage service. However, ages 17 and below
service of Club Leonardo requires a signed consent document from the minor’s parents
Changing/Shower
Locker Room Checking reservation
Room
employees will repeat important information, such as the appointment date, time,
Receptionist will brief customers about terms and policies before signing the
provided form and orient about the different services offered and its rates. Spa
employees will always ask consumers specifically what they want to receive out of a
spa treatment during consultations. Prior to the consultation, they will review the
client's file to determine what prior services have been rendered. Then, the spa
employees will talk about information that is relevant to the particular treatment, such
as the client's skin or hair type, whether they are prone to allergic responses, or
whether they have any physical issues that might be made worse by particular
massage techniques.
customer in selecting the best procedure. Once a service is selected, the client
expect. In this step, customers must pay for their preferred service.
The customer will have their clothes changed in the locker room or take a shower
before going to their designated room. At the same time, staff will prepare and
sanitize the whole area. All equipment, including towels and bathrobes, that will be
promote deep relaxation. The therapist will use the candles and turn on the lamp.
Additionally, they'll use an essential oil or incense to add aroma to the area.
● Step 4. Treatment
This is where the massage is done. The plan of care, assessment, and evaluation
should all serve as guidelines for treatment. Massage therapists apply assessment
during massage to help them decide whether to change the course of treatment. The
tissue is constantly being evaluated by therapists, which then change the course of
treatment accordingly.
● Step 5. Sanitation
because they provide services that can readily spread bacteria and viruses to
customers and staff through equipment and tools. The staff will practice regular
The chosen locale for the study is Club Leonardo, located at 75A J.P. Laurel
(You will only have 3 massage tables? Will you achieve economies of scale?
Overhead Cost
The expenditures associated with running a firm that are not directly connected
also known as operational expenses. They are the expenses a business must pay to
keep running.
Insurance ₱8,000.00
Training ₱4,800.00
Tax 25%
Depreciation ₱68,861.48
Amortization ₱7,899.23
Total ₱600,021.91
Administrative Cost
administrative costs. These costs may include rent, managerial salary, administrative
● Receptionist
The duties of the spa front desk receptionist include greeting all visitors, taking
phone calls, answering inquiries about spa services and goods, scheduling all
appointments, entering the visitor into the computer system, and billing for
rendered services. The receptionist at Club Leonardo costs Php 15,000 per
● Manager
marketing strategies, and performing body and facial treatments as the primary
aesthetician. The anticipated monthly expense for the one manager of Club
● Accounting Fees
Financial Information ("SAS 100"), the review of the Company's interim financial
of the FASB Interpretation 48, Accounting for Uncertainty in Income Taxes ("FIN
48"), the fees that become payable and the expenses and disbursements that
● Legal Fees
Legal fees are also known as legal expenses, and are often borne by the party
which loses a lawsuit. The company was forced to pay €138,000 in legal fees
Utilities
● Electricity
Php 3,742.66 .
The monthly cost of the internet and telephone bill of The Club Leonardo's Spa is
● Water Expenses
The estimated monthly cost for the water bill of The Club Leonardo's Spa is
With the help of Machinery and Equipment, the business can work efficiently.
Moreover, Club Leonardo's Spa will use this system to execute the payment for services
that customers chose to avail. Machine and Equipment are listed below:
Point-of-Sale (POS)
Machine and
Stone with heater set
Equipment
small/medium 16 stone ₱1,499.00 3 12 ₱4,497.00
Inverter Aircon 0 1 10 0
Aromatherapy Diffuser
Total: ₱50,095.0
0
Useful
(Years)
Area
Mirror Cabinet and
₱165,803.2
Total
0
https://homestore.com.ph/
Service Materials
Garments
₱19,234.0
Total
0
Material
Useful Life
Bottle pump
Containers
100 ml ₱29.00 8 12 ₱232.00
Bottle pump
Total ₱942.00
http://www.fyibathandbodyessentials.com/
Spa Supplies
Useful
Quantit Life
http://www.fyibathandbodyessentials.com/ https://www.facebook.com/3SLM-School-
and-Office-Supplies-Tanauan-City-111042727237966
Cleaning Agents
Useful
Quantit Life
Cleaning
70% Isopropyl Alcohol 1 gallon ₱180.00 1 1 ₱180.00
Agents
Anti-Bacterial Disinfectant ₱320.00 1 1 ₱320.00
decor/cleaning-and-disinfectants
service
Receptionist
Therapist
of Massage
Therapist
Management Aspect
Management aspects discuss the name of the firm, the type of organization,
qualifications, recruitment, selection and hiring of workers, policies and regulations, and
project schedules.
Form of Ownership
The planned business will take the sole proprietor's management and control.
person who runs their own unincorporated business by themselves. With this structure,
the owner has the most freedom to manage the company and act rapidly in response to
urgent business needs. A sole proprietorship also has the advantage of requiring less
paperwork and having low startup costs, which are two significant advantages. There is
also how simple it is to maintain. It's actually the simplest and least expensive form of
business you may start, according to the SBA. In addition, the owner is in charge of
running the company and is also responsible for all debts and other obligations.
In presenting the flow of control in the business, the Club Leonardo's Spa used
organizational structure which describes how specific operations are directed to meet
an organization's goals. It enables teams to manage tasks within the limits of their
respective responsibilities. However, you might profit from any number of various
organizational models, depending on the size of your team and how your workflows are
set up. It may also help you gain some understanding of your strengths and potential
growth areas. The organizational structure may be one of the reasons your teams are
failing to produce the results you require. The best approach to determine whether your
The massage spa requires five people to run the business. One (1) is the front
desk receptionist, One (1) is the manager, and three (3) for massage therapists to
make up the company's workforce. The receptionist will take care of assisting the
customers and the daily transactions. The duties of the spa front desk receptionist
include greeting all customers, taking phone calls, answering inquiries about spa
services , scheduling all appointments, inputting the client into the computer system,
and billing for rendered services. Additionally, if needed, the front desk agent helps with
transitional cleaning of the spa and relaxation area. The management of spa operations
is under the responsibility of spa managers. They oversee the facility's maintenance,
write budget reports, devise marketing strategies. They oversee the purchasing of
goods, keep track of deposits and cash register transactions, and help with store
opening and closing procedures. Spa managers also establish weekday schedules,
create staff training programs, and manage employee hiring. Therapeutic massages are
relaxation, and reduce tension, pain, and injury. Aside from providing massage services
listed in the brochure, they are also in-charge of maintaining a clean, secure, and
orderly spa environment, setting up the spa and work stations, maintaining cleanliness
and orderliness throughout the shift, assisting with the upkeep of clean and orderly
linens and their replacement between sessions, sanitizing equipment, and escorting
Job Analysis
The nature, tasks, responsibilities, and needed abilities for a certain job are all
included in the job analysis. The Club Leonardo may use this information to determine
which staff are most suited for particular duties. Each employee's job description as well
evaluates departmental
● Senior High School
activities to meet
Graduate
departmental goals.
● Excellent
● Maintains staff by bringing
in, choosing, onboarding, communication,
leadership, coaching,
● Make sure that the
and conflict resolution
workplace is safe, secure,
skills.
and lawful.
● Ability to analyze
● Develops, coordinates, and
processes and
enforces productivity
information, identify
standards, rules, and
problems and trends,
systems.
and develop effective
solutions and
strategies.
● Commitment to
providing exceptional
service to customers
members.
● Strong understanding
of business
management, financial,
and leadership
principles.
appearance, conduct
with customers. and manner
accordingly. massages at an
advanced level.
● Performs hot stone, deep
modalities, in skills.
accordance with
● Superb
applicable law.
interpersonal skills.
● A polished,
businesslike
appearance.
extended periods of
● Capable of giving
massages to a
variety of clients.
Compensation
regular salaries like hourly or annual wages. The value of all perks, such as insurance
policies, financial aid for education, and bonus pay, is also included. The amount of
salary that employees will receive will depend on their position in the business. Wages
Receptionist
Therapist
Total 117,000
(Guys, parang ang taas ng salaries nyo. Especially for a business that is just
starting. Perhaps start lower then just have a plan to increase after 2 years. Then
again, after 5 years. Example: Yung manager, start at 15K, then 17 after 2 years,
Business Policies
Business policies are the rules that a business produces to direct its operations.
They outline the rules that decisions must follow. The acquisition of resources
policy.
● The spa at Club Leonardo is open from Monday to Saturday from 2pm to 9 pm.
● Those who are not receiving spa services may not be in our Spa lounges due to
● Customers need to respect and decency to the employees and other visitors.
● Customers need to be aware that they cannot bring outside food or alcohol into
the spa.
● In any services, a minimum age of 14 is needed and children under the age of 17
● During the services, kindly switch off or put on mute your cell phones.
● It is the client's obligation to tell the massage therapist of any medical treatments
they are currently receiving and to obtain formal authorization for the massage to
● The spa room is cleaned after each session, down to the doorknobs and the
Personnel Policies
It is important to have spa policies and procedures for every employee. They function as
a framework for how employees are expected to conduct themselves while on the job,
and can safeguard against unwanted or unexpected situations that can affect business.
While establishing these policies and procedures isn't exactly the most exciting part of
owning a spa, they will create an atmosphere where each employee knows the rules
and how to act -- both with clients and with their colleagues. Having spa policies and
procedures in place will not only enable you to navigate tricky situations when they
occur, but also minimize the chances of such situations happening in the first place.
Policies and procedures should be written down and provided to each employee upon
hiring.
Here are 10 that are vital for making sure that the business runs smoothly:
3. Employees must maintain a clean and professional appearance while on the job.
5. Employees are permitted to use their cell phones only while on break.
7. Employees should be polite and friendly to clients. Arguing with clients is not
8. Employees are expected to attend all team meetings and training sessions.
9. Employees who steal spa property or property belonging to other staff or clients
will be dismissed.
10. Employees who discriminate against or harass other staff or clients will be
dismissed.
Personnel Uniform
The company uniform is to be provided by the company to the personnel upon
mandatory benefits. Wearing the proper clothing is essential to do the job effectively.
The therapists’ uniform comprises a two-piece garment which is called scrub suit.
They are stretchy, comfortable, and easy to clean that’s perfect for massage services.
However, the receptionist and manager must wear smart casual clothing. The very
purpose of the smart casual style is to appear professional and appropriate for
sophistication.
operate and avoid law, statutory, regulatory, security, and contractual obligations
° Barangay level/coverage
° Municipal/city coverage
° Regional coverage
° National coverage
● Barangay Clearance
● Mayor’s Permit
o Contract of Lease
° Documentary Stamp
° Books of Account
° Notarial Fees
Activities 2022
Sourcing of Finance
Building Construction
Acquisition of Asset
Hiring of Employees
Start of Operations
Financial Assumptions
SOCIO-ECONOMIC ASPECT
Generating profit is every business’s aim, especially in the part of the owner. This
chapter shows how the goal of this project is not only to gain profit but also to aid the
government's relevance to the external aspect of the business and to plow profit back
business an edge in the industry. The following discusses how the business performs
the duties and responsibilities to society, the economy, the environment and the
government.
Vision MALASMAS
Mission LUCERO
Contributions to Society
Restaurants are an important aspect for tourists since food is part of what they actually came
to experience. The proponents believe that the business’ role is to raise the level of attractiveness
of the city as a tourist destination. Being a business that offers a product that is new to the market
can easily catch the attention of potential customers, may it be from nearby or distant cities.
Through adequate marketing and advertising, people may be intrigued to visit the vicinity despite
the distance. Rest assured that the number of tourists will increase as well as the popularity of the
city.
The vegan or plant-based food industry has been limited up to this day. Only few restaurants
offer healthy food as of which have always been perceived as unappetizing. The proponents
believed that offering a new variant of this type of food will provide more options to the market.
Serving healthy food in a form common to the public may widen the scope of people’s taste that
will be catered to. The business will serve as an additional option that people who are trying to
● Pay Rent
The proponents chose leasing the building to be used not only for the sole benefit of the
business but also to be able to give back to the economy. Rent may be the only source of income
of some lessors. The monthly payments of the business may be of help to lessors in a way that
they receive stable and higher profits, claim tax benefits and get quick returns while the business
benefits as well. The building will become a common ground on where both lessor and lessee
generates income. Consistent leasing of a property also retains or may even increase the physical
and financial values of the commercial establishment since the space are not left neglected.
The proponents preferred to have their suppliers as close as possible to the business for easy
access to the supplies needed in the business. Supporting local suppliers has significant impact to
the economy as it keeps a constant flow of money coming from within. Local sourcing will give
opportunities to local suppliers especially the local farmers to generate income and keep their
finances healthy as the money circulates between the suppliers and consumers. The proponents'
partnership with the local suppliers will boost the economic growth through maximizing the use
Since the proponents will be establishing a new business, manpower is required. The firm
will hire new employees and personnel needed in the firm. Through this, the company can help
the residents of the city by giving them new job opportunities and at the same time improve each
and everyone’s individual skills through training and seminars provided. The business will also
help reduce the percentage of the unemployed in the country. The proponents believe that
innovative products will be a great help to the consumers and establishing the firm will help the
people of the community to finance their families by giving them job opportunities.
Natural resources can provide essential raw materials and be a source of income when used
efficiently. Banana peels as a natural resource, may not have been known as edible and may have
been recognized as a food waste. The proponents strived to promote maximization of the natural
resources as per having banana peels as the main raw material. With this process, all parts of the
fruit has been utilized and consumed as a whole and has improved the resource productivity of
the business.
Being a tropical country that contributes to a large percent of banana production in Asian
countries, has given a lot of opportunities to the country. The proponents thought of using
agricultural product, the banana, will help sustain the agricultural industry at present time.
Especially with modernization, people have been neglecting Earth’s natural produce. Mass
production of the patties would also mean mass production of bananas. Potassium Patties would
help build up not only the name itself but also the local agriculture.
Establishing a business can be a great help in the government mostly regarding taxes. One of
the responsibilities of the business is to pay the right amount of tax that will help in developing
the infrastructure of the government for local citizens that are residing in the area. The taxes that
will be generated from different tax payers will cast off in sustaining the funds for social projects
and investments to promote economic growth and development. Taxes are used by the
programs for health, finance, social services, education and new technology.
As stated in the Compensation and Benefits, the business will pay the necessary monthly
contributions of the employees. This includes SSS, PhilHealth and Pag-Ibig Contributions which
CHAPTER VIII
Recommendation LUCERO
BIBLIOGRAPHY
APPENDICES
APPENDIX D: Certification
The annual average inflation was 3.6 percent (Philippines), 3.3 percent (NCR) and 3.6
percent (AONCR) for the bottom 30% income households and 3.8 percent (Philippines),
4.0 percent (NCR) and 3.7 percent (AONCR) for the all income households.
https://www.pureaestheticsgainesville.com/10-benefits-relaxing-spa-day-visit/
https://www.hospes.com/en/7-reasons-to-get-away-to-spa/
https://www.thegoodbody.com/types-of-massage/
https://www.hvs.com/article/8021-Key-Drivers-for-Hotel-and-Resort-Spa-Profitability
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