Professional Documents
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Fertigrow Business Plan Group 3
Fertigrow Business Plan Group 3
Inside are the five (5) chapters of a business plan: General Company
Description, Marketing Plan, Production Plan, Organization and Management
Plan, and the Financial Plan. Each chapter also consists of subsections that
explain the details of this project in tables, figures, and words.
Among the two types of fertilizers, namely organic and synthetic fertilizers,
the latter is the most consumed. This is due to the availability and the faster
effects it gives to the plants. However, after total absorption, it leaves the soil
empty and even chemically deadly to the microbiological environment.
1
process will keep the soil healthy as it sustains microbiological life which is a
significant agent in crop production and soil cultivation and fertilization. This will
help farmers lessen their expenses in the long run because the longer the
product is used, the lesser the soil needs fertilizer due to the revitalization of its
nutrients and microbiological environment.
2
4. Adopt a fruit farming or vending community that will secure the
supplement of the product’s raw materials
5. Generate profit, thus charging tax to the proponents, which is beneficial
and sustenance to national and local projects
6. Lessen the unemployment rate by opening job opportunities
3
INTRODUCTION
There are two types of fertilizers: organic and inorganic, also known as
synthetic. The former is made of manure and compost that, through the help of
weather, existing organic compounds, and living organisms, eventually break
down providing nutrients to the soil. The latter, on the other hand, are artificially
manufactured and are more time-efficient because it does not need the help of
any external agents but water to dissolve (Eagle Wood Farm, 2019).
Synthetic fertilizer was developed in the late 19 th Century. It was and is still
used to supply a consistent amount of nutrients to the soil, boosting the
agricultural produce. It immediately takes effect on soil, unlike organic fertilizer
which needs to break down before absorption. On the other hand, synthetic
fertilizer kills beneficial microorganisms in the soil, which are agents of
composting plant, animal, and even human remains—the primary and most
natural sources of nutrient-rich organic matter.
Over decades, there has been significant growth among the number of
advocates worldwide, both individuals and organizations, against the use of
synthetic fertilizer due to its long-term, short-term, and even fatal effects on
plants, animals, and even humans, and their habitats as well.
4
can into their mouths. It can make them vomit, seizure, and even be fatal when
directly ingested.
Methodology
5
Scope and Limitation of the Study
In spite of the fact that the project aims to be competitive in a larger and
central market, the proponents limited the study to Barangay Andap, New
Bataan, Davao de Oro. The proponents sent a letter of request to gather the
yearly population count, particularly in households, of Andap in three consecutive
years, wherein the latest is utilized to calculate the sample size. A confidence
level of 95% and an error margin of 5% are set to obtain the sample size
6
CHAPTER I
Vision
Mission
Goals
The proponents set goals to keep the business on track and impactful in
the next three years. Here is a list of the enterprise’s goals:
Enterprise Objectives
7
The proponents set objectives—a list of feasible actions to be taken to
achieve the goals of the business in the next three years.
Business Philosophy
Business Size
The business starts with an initial investment of Php 13,480 with three
employees under the management of the sole proprietor, Ms. Bantayan. As a
startup, it also serves a geographically small market. Thus, the business is
considered a micro-enterprise.
9
CHAPTER II
MARKETING PLAN
Marketing Aspect
10
Proposed Location
Market Area
11
a. Target Market
Market Population
1,407 1,346
1,370
b. Historical Demand
This shows the market for past three (3) years of the chosen location. See
the computation below.
Purchase Total
Populatio % of No. of
Year Frequency Annual
n Customers Customers
/ customer Demand
2019 1,346 98% 1,315 77 101,449
2020 1,370 98% 1,338 77 103,258
12
2021 1,407 98% 1,374 77 106,047
This is the data result done by the proponents of the product (FertiGrow
250ml.) to completed data, for the past three year demand of the product.
Purchase Total
Populatio % of No. of
Year Frequency Annual
n Customers Customers
/ customer Demand
2019 1,346 98% 1,315 80 104,648
2020 1,370 98% 1,338 80 106,514
2021 1,407 98% 1,374 80 109,390
This is the data result done by the proponents of the product (FertiGrow
500ml.) to completed data, for the past three year demand of the product.
Note: The percentage (%) of customers presented above is the rate of the
possible customers --- Number of respondents who said (YES)/Total number of
respondents.
c. Projected Demand
The data inside the table was based on the historical demand computation to
get the rate of increase per year of the market.
Average % Projected
Year Base Year
Increase Demand
106,0
2023 2% 108,424
47
108,4
2024 2% 110,855
24
2025 110,8 2% 113,340
13
55
The table above help the business proponent to look for potential number
of demand for the next three years of operation for (FertiGrow 250ml.)
Average %
Year Base Year Projected Demand
Increase
2023 109,390 2% 111,843
2024 111,843 2% 114,350
2025 114,350 2% 116,914
The table above help the business proponent to look for potential number
of demand for the next three years of operation for (FertiGrow 500ml.)
Note: The increasing rate of the projected demand was just based on the
number of population of the households in Barangay.
d. Historical Supply
We search for the top three (3) competing business that offer the same
product of proposed business for the past three (3) years of their operation.
The top current stores operating in the vicinity today for the product
(FertiGrow 250ml.). It contains the data of their sales per unit in a year.
14
Table 7.0 Historical Supply of 500 mL
The top current stores operating in the vicinity today for the product
(FertiGrow 500ml.). It contains the data of their sales per unit in a year.
Note: There is no pre-existing supply of the other products that was not
been presented above.
e. Projected Supply
This is the three (3) years projection of the supply in the market based on the
calculation in the previous table.
Base Average %
Year Projected Supply
Year Increase
15
Table 9.0 Projected Supply of 500 mL
Average % Projected
Year Base Year
Increase Supply
The table above shows the projection of three years business operation of
the FertiGrow. The material above was based on the data we collected on the
current stores that offers the same product (FertiGrow 500ml.)
The table below present the unsatisfied demand of the market. This would
help to put limitation upon the production of the product to avoid oversupply.
UNSATISFIED
YEAR DEMAND SUPPLY
DEMAND
HISTORICAL
2019 101,449 1,610 99,839
2020 103,258 2,270 100,988
2021 106,047 3,150 102,897
PROJECTED
2022 108,424 4,406 104,018
2023 110,855 6,163 104,691
16
2024 113,340 8,621 104,719
This is the breakdown of the data presented (on the previous pages), to
achieve the number of the unsatisfied demand of the product (FertiGrow 250ml.)
UNSATISFIED
YEAR DEMAND SUPPLY
DEMAND
HISTORICAL
2019 104,648 2,230 102,418
2020 106,514 2,800 103,714
2021 109,390 4,420 104,970
PROJECTED
2022 111,843 6,264 105,579
2023 114,350 8,876 105,474
2024 116,914 12,578 104,336
This is the breakdown of the data presented (on the previous pages), to
achieve the number of the unsatisfied demand of the product (FertiGrow 500ml.)
The unsatisfied demand shows a good sign of the viability of the proposed
business. By which, portion of it will be catered based on the maximum
production capacity of the business.
g. Market Share
This present the existing market to be satisfied by the proposed business. Still
the production will depend on the production capacity of the business.
UNSATISFIED PRODUCTION
YEAR MARKET SHARE
DEMAND CAPACITY
17
2023 104,018 7,200 7%
2024 104,691 14,400 14%
2025 104,719 17,280 17%
The table above present the rate of the product to be satisfied by the
proposed business as it operates. It is also presented there be increasing
number of the production of the product (FertiGrow 250ml.).
Note: Production -- 150 bottles in a week for FertiGrow 250ml. products and 150
bottles in a week for FertiGrow 500ml. products.
Competition Analysis
Expensive
Time-Efficiency Sustainability
Affordable
18
Figure 3.0 Perceptual Map, Competition Analysis
MARKETING PLAN
Marketing Objectives
Marketing is utilized to meet specific goals. These goals are then broken
down into measurable and more achievable objectives so the business could
keep track of its efficiency and the business venture itself.
SWOT Analysis
19
Table 14.0 SWOT analysis of FertiGrow.
STRENGTHS WEAKNESSES
OPPORTUNITIES THREATS
MARKETING STRATEGIES
a. Product Strategies
Unlike the usual fertilizers used by local farmers, FertiGrow is in a liquid state
that is supposed to be mixed with a certain amount ratio of water.
b. Promotional Strategies
20
The business utilizes both traditional and digital methods of promoting the
product. This pertains to:
21
c. Pricing Strategies
FertiGrow will penetrate the market using the cost-based pricing strategy.
This will secure the survival of the business
FertiGrow 250ml.
Unit Cost ₱40.94
Mark-up ₱20.47
Selling Price ₱61.41
Rounded Up SP (nearest ones) ₱62.00
Price increase on the 3rd year 20%
Price at 3rd Year 74.40
Rounded off SP (nearest tens) ₱75.00
FertiGrow 500ml.
Unit Cost ₱40.07
Mark-up ₱20.04
Selling Price ₱60.11
Rounded Up SP (nearest ones) ₱61.00
Price increase on the 3rd year 20%
Price at 3rd Year 73.20
d. Distribution Strategy
22
During the start-up stage, the business will employ a direct distribution
strategy where the company directly sells the product to its consumers. This way,
the business can take all the profits, without additional expenses charged from
any distribution channels.
FERTIGROW
DELIVERY CUSTOMERS
e. Sale Forecast
This shows the three (3) years projection of the sales made by the business
based on the following major assumption that affects sales.
23
Table 18.0: Sales Forecast of FertiGrow 500ml.
YEAR 2023 2024 2025
Projected Demand 111,843 114,350 116,914
Projected Supply 6,264 8,876 12,578
Unsatisfied Demand 105,579 105,474 104,336
Market Share 7% 14% 17%
Total Market Share 7,200 14,400 17,280
Forecasted Sales ₱439,200 ₱878,400 ₱1,054,080
Marketing Budget
The table below are the following expenses to be incurred by the business
to promote its product and name.
Cost
Particular Specificatio Quantit
Per Year 1 Year 2 Year 3
s n y
Unit
₱ ₱
Handbills pieces 1000
0.25 250.00
₱
₱ ₱ ₱
Tarpaulin pieces 350.0 5
1,750.00 1,750.00 1,750.00
0
Cellphon ₱ ₱ ₱ ₱
Load 365
e Load 5.00 1,825.00 1,825.00 1,825.00
₱3,825.0 ₱3,575.0 ₱3,575.0
TOTAL
0 0 0
24
Chapter III
Production Plan
This chapter shows the detailed process of making the FertiGrow product
and a brief description in each step. Also the necessary materials and equipment
that will be used in the operation of the business.
Production Process
The illustration process of taking raw materials and converting them into
fertilizers.
Table 20.0 Raw Material and Its Measurement per Production (FertiGrow)
Banana 15kg.
Papaya 15kg.
Watermelon 15kg.
Molasses 15kg.
Jar 150pcs.
Step 1: Prepared all ingredients and sliced the fruits into bits.
25
Figure 6.0 Preparation of ingredients
Step 2: Put all the sliced fruits and molasses in the bucket.
26
Figure 9.0 Concealing and Fermenting.
This show the essential equipment needed for the business operation.
The table shows the cost of the market price.
This show the total cost of the property, plant and equipment and its
depreciation. The table below indicate the annual depreciation for the next three
years of operation.
ESTIMATE
PARTICULAR TOTAL D USEFUL
2023 2024 2025
S COST LIFE (NO.
OF YEARS)
Delivery ₱45,550.0 ₱6,073.3
15 ₱3,036.67 ₱6,073.33
Vehicle 0 3
₱45,550.0 ₱6,073.3
Total
0 ₱3,036.67 ₱6,073.33 3
This would be the total budget for repair and maintenance to maintain the
equipment in good ability during business operation. The table below will show all
the cost needed.
27
Table 23.0 Repair and Maintenance
2023 ₱2,300.00
2024 ₱2,300.00
2025 ₱2,300.00
Factory/Store Equipment
This will be the store to buy all necessary equipment that will be needed in
the business operation. The table below shows all the references.
28
Store/Factory Layout
Factory layout will show the floor plan and design of the store. See the
figure below.
Ent
Display Area ran
Office ce
Changing
Area
Production Area Exit
Rent/Lease Expense
The proposed business will rent a building in the public market of New
Bataan. See the table below for the cost.
Rent/month
1,000.00
Annual
12,00.00
29
The table below will show all the raw material needed and its cost for the
production.
30
These are the following businesses that offer the following raw materials
needed by FertiGrow. This includes the terms of purchases. See table below.
Table 28.0 Raw Materials Availability
Inventory Management
To maintain our inventory we will be using pen and paper. To track our
inventory a notebook and pen will do, by making list of every item we have that is
currently for sale. To process our product, we will make list of all the raw
materials to use to produce the goods.
Utility Expense
The table presented below is the costs that the estimations based on the
usage for production.
31
District
Cost of Labour
The salary of the employees was based on the minimum wage imposed
by the LGU.
TOTAL ₱488,160.000
Labour Availability
At the first year of operation, only members will get involve with the whole
operation of the business. But as to the labor availability, since the business is
situated within the New Batan Public market students can work and make
arrangement with their time availability.
32
Table 31.0 Other Factory Overhead
Particulars Classification
Delivery Vehicle Distribution Overhead
Raw Materials Production Overhead
Office Supply Selling Overhead
Salary and Wages Administrative Overhead
Production Supply Production Overhear
a. Quality Control
To ensure that the product meets the requirement that the customer need.
Customer
Satisfactio
Process
n
Gaurante
Reliability
e
Production Cost
33
This present the totality of all the cost incurred in producing the products.
It was presented below based on their category.
PRODUCT
COSTS 2023 2024 2025 TOTAL
₱198,720.0 ₱1,141,845.1
Direct Materials 0 ₱417,312.00 ₱525,813.12 2
Direct Labor 88,800.00 99,792.00 104,781.60 ₱293,373.60
Overhead ₱742.33 ₱1,484.67 ₱1,538.67 ₱3,765.67
₱288,262.3 ₱1,438,984.3
TOTAL 3 ₱518,588.67 ₱632,133.39 9
34
CHAPTER IV
This chapter will discuss about the person will be managing, planning and
organizing the business. Also, the persons involve in making, selling and
purchasing the product of the proposed business.
35
b. Search in DTI’s website if there is an existing name similar to the
chosen name.
c. If your business name is available, fill-up Business Name
Application form.
d. Submit your completed Business Name Application form to DTI’s
Office.
e. Wait for the DTI’s Certificate of Registration.
After the approval of the DTI’s Certificate of registration, you may now
proceed to the next step.
36
b. Fill-up form 1901 from BIR – Application for registration.
c. Submit the following:
Certificate of Registration from DTI
Barangay’s Business Permit
Two Valid ID’s
Contract of Lease
Mayor’s Business Permit
d. Pay and fill-up BIR Registration Form 0605
e. Register the Book of Accounts and Invoices
f. Claim your BIR’s Certificate of Registration (Form 2303).
Organizational Structure
Manager
Production
Salesperson Delivery Personnel
Personnel
37
trying to get support for your independent business. Also as an entrepreneur you
must have a strong leadership skills and confidence in your ability as a leader.
Administrative Personnel
This section discusses the jobs and roles of following personnel involved
in the proposed business.
-Maintain
employees good
38
working
relationship
-Responsible in -Greet customers
dealing with the and ascertain
1 ₱396.00
costumer and for what each
selling the customer wants
product. or needs.
-Maintain
knowledge of
current sales and
promotions,
High School
policies regarding
Graduate
payment and
Female (18-
exchanges, and
35yrs. Old)
security
Salesperson Has any job
practices.
experiences
Has good
communicatio -Compute sales
-Answer
questions
regarding the
store and its
merchandise.
Describe product
and explain use
products to
customers.
-Arrange and
display
merchandise to
promote sales.
40
Personnel Physically fit -Work enthusiast.
20-35 yrs. Old
-Must be effecient
and effective.
Office Layout
Chair
Do
Office 1
or
Office Equipment
This section present all the equipment needed in the business operation.
Unit of Unit
Particulars Quantity 2023
Measurement Cost
Record Book 1 1
41
48.00 48.00
Ball pen 2 12
6.00 72.00
Calculator 1 1
245.00 245.00
365.
TOTAL
00
The table below helps the proponents in determining the amount to invest
in starting up the business.
Administrative Expense
42
Plastic Gloves ₱45 2 - ₱90.00
Depreciation - - -
Expenses ₱4,328.00 ₱8,656.00 ₱8,656.00
43
Communication - - - ₱1,825.00 ₱1,825.00 ₱1,825.00
Expense
CHAPTER V
Financial Plan
The proposed business will start up a capital worth of P35, 000. This
capital will be used in purchasing the raw material and other expenses that will
be needed in the production.
Mode of Financing
44
The proposed business is a sole proprietorship which is solely owned and
manages by Jessel C. Bantayan. As to financial needs the proponent will seize it
through the personal funds of the group member.
The projected cost has a total of ₱13,480 based on the project cost that
was presented below.
Major Assumption
This section serves as the basis of the forecast of financial statements. The
following are the assumptions that affect the business operation:
1. Inventories – there will be an ending inventory during the physical count at
the end of the period. The raw materials and finished goods inventory will
have an ending account of 15%.
2. Utilities - increase in utilities of 10% annually.
3. Salaries and Wages – the business assumes that there will be a 5%
annual increase in minimum wage.
4. Production Supplies – 100% and 20% increase in the next two years of
operation.
5. Direct Labor – 5% increase annually.
45
6. Withdrawals – 50% of profit annual drawings.
7. Direct Materials – annual increase of 5% in its price.
8. PPE and Accumulated Depreciation – straight line method will be used.
9. Production – double the production for the 2 nd year of operation and 20%
for the preceding years.
10. Indirect Materials – annual increase based on the production expansion
(double in the 2nd year, 20% in the 3rd year).
11. Office Supply – 40% increase annually.
FERTIGROW
Statement of Cost
of Goods Sold
For the Projected
Years 2023-2025
2023 2024 2025
Raw Materials Inventory,
beginning 0 ₱1,242.00 ₱247,226.04
1,051,626.2
Add:Purchases 8,280.00 834,624.00 4
Less: Indirect Materials 675.00
46
675.00 675.00
Total Direct Materials ₱1,050,951.
Available for use ₱7,605.00 ₱833,949.00 24
Less: Raw Materials
Inventory, ending 1,242.00 247,226.04 296,671.25
Total Direct Materials ₱6,363.00 ₱586,722.96 ₱754,279.99
Direct Labor 475,200.00 498,960.00 523,908.00
7,42 7,69
Overhead 3,711.67 3.33 3.33
Total Cost of Goods ₱1,093,106. ₱1,285,881.
Manufactured ₱485,274.67 29 33
Add: Finished Goods
Inventory, beginning ₱8,280.00 ₱16,560.00
Total Cost of Goods ₱1,101,386. ₱1,302,441.
Available for Sale ₱485,274.67 29 33
Less: Finished Goods
Inventory, ending ₱8,280.00 ₱16,560.00 ₱19,872.00
₱1,084,826. ₱1,282,569.
Cost of Goods Sold ₱476,994.67 29 33
FERTIGROW
Statement of
Financial
Performance
For the Projected
Years 2023-2025
2023 2024 2025
Sales ₱874,147.00 ₱1,748,294. ₱2,574,720.
47
00 00
₱1,748,294. ₱2,574,720.
Net Sales ₱874,147.00 00 00
Less: Cost of 1,084,826.2 1,282,569.3
Goods Sold 476,994.67 9 3
₱663,467.7 ₱1,292,150.
Gross Profit ₱397,152.33 1 67
Less: Operating
Expenses
Salaries and ₱312,984.0 ₱312,984.0
₱298,080.00
Wages 0 0
Taxes and
13,749.57 21,739.03 40,599.52
Licenses
Rent Expense 12,000.00 13,800.00 15,870.00
Utilities Expense 7,200.00 9,360.00 12,168.00
Marketing
3,825.00 3,575.00 3,575.00
expenses
Office Supplies
365.00
Expense 584.00 934.40
Total Operating ₱362,042.0 ₱386,130.9
₱335,219.57
Expenses 3 2
₱301,425.6 ₱906,019.7
Net Income(Loss)
₱61,932.76 8 5
FERTIGROW
Statement of
Changes in Equity
For the Projected
Years 2023-2025
48
₱345,872.0 ₱1,101,178.
Total ₱75,412.76
6 97
FERTIGROW
Statement of Cash
Flow
For the Projected
Years 2023-2025
2023 2024 2025
Cash Flows from
Operating Activities
₱301,425.6 ₱906,019.7
Net Income ₱61,932.76
8 5
49
Depreciation (part of
3,036.67 6,073.33 6,073.33
overhead)
Increase/Decrease in - -
- 9,522.00
Inventories 254,264.04 52,757.21
Increase/Decrease in
11,914.57 7,989.46 18,860.49
Liabilities
Net Cash flows from ₱61,224.4 ₱878,196.
₱67,362.00
operating activities 3 37
Cash Flows from
Investing Activities
Initial investment ₱13,480.00
- -
Payment of Liabilities
-₱44,550.00 ₱89,100.00 ₱21,275.00
Purchase of equipment - 3,000.00 -₱3,000.00
- -
Withdrawals - 30,966.38
150,712.84 453,009.88
- -
Net Cash flows from
-₱65,036.38 ₱242,812. ₱474,284.
investing activities
84 88
Cash Flows from
Financing Activities
Payment of Liabilities
-
₱403,911.
Net Cash Flows ₱2,325.62 ₱181,588.
49
41
Beginning Cash -
2,325.62
Balance 179,262.79
Ending Cash Balance ₱2,325.62 - ₱224,648.
₱179,262.
50
79 70
FETRIGROW
Statement of
Financial
Position
For the Projected
Years 2023-2025
ASSETS 2023 2024 2025
Current Assets
-
₱224,648.
Cash ₱2,325.62 ₱179,262.
70
79
51
Raw Materials ₱247,226. ₱296,671.
₱1,242.00
Inventory 04 25
Finished Goods
8,280.00 16,560.00 19,872.00
Inventory
₱84,523.2 ₱541,191.
Total Current Assets ₱11,847.62
5 95
Noncurrent Assets
Property and ₱81,990.0 ₱75,916.6
₱42,513.33
equipment (net) 0 7
Total Noncurrent
42,513.33 81,990.00 75,916.67
Assets
₱166,513. ₱617,108.
TOTAL Assets ₱54,360.95
25 62
LIABILITIES AND
OWNER'S EQUITY
LIABILITIES
Current Liabilities
- -
Accounts Payable
-₱2,000.00 ₱48,550.0 ₱69,825.0
(PPE)
0 0
Income TAX ₱19,904.0 ₱38,764.5
₱11,914.57
Payable 3 2
- -
TOTAL Liabilities ₱9,914.57 ₱28,645.9 ₱31,060.4
7 8
OWNER'S EQUITY
52
₱195,159. ₱648,169.
Bantayan, J., Capital ₱44,446.38
22 10
TOTAL Liabilities
₱166,513. ₱617,108.
and Owner's ₱54,360.95
25 62
Equity
Variable Cost
1,084,826.2
Cost of Goods Sold 476,994.67 9 1,282,569.33
Less: Fixed Overhead 1,484.67 2,969.33 3,077.33
53
Contribution Margin/unit
(SP-VUC) 28.98 24.44 24.98
54
Break-even Unit per
Product: 2024
Units Weigh Break-Even per Break Even
Product Produced t% Product Sales
₱431,737.0
FertiGrow 250ml. 14,400 50% 6,964 0
₱431,737.0
FertiGrow 500ml 14,400 50% 6,964 0
₱863,474.0
Total 28,800 100% 13,928 0
55
Table 48.0 Return of Investment
Sales-to-
Assets
₱874,147 ₱1,748,294 ₱2,574,720
Sales .00 1608 .00 1050 .00
417%
Total ₱ % ₱ % ₱
Assets 54,360.95 166,513.25 617,108.62
Return on
Assets
Net Profit ₱61,932. ₱301,425.6 ₱906,019.7
Before Tax 76 114 8 181 5
147%
Total ₱ % ₱ % ₱
Assets 54,360.95 166,513.25 617,108.62
Project Feasibility
Based on the data presented, showing the proposed business has a great
chance towards progress and development. Eventhough that financial reports
are just projection for the business operation, but data presented above was
based on surveys conducted by the proponents.
56
Environmental and Social Impact Analysis
This will help farmers lessen their expenses in the long run because the
longer the product is used, the lesser the soil needs fertilizer due to the
revitalization of its nutrients and microbiological environment.
57
References
Schill, J. (2021). Four startling reasons to reduce your synthetic fertilizer use
immediately [Blog post]. Retrieved from https://www.schilllandscaping.
com/blog/reasons-to-reduce-your-synthetic-fertilizer-use-immediately
How to keep track of inventory manually https://smallbusiness.chron.com/keep-
track-inventory-manually-21920.html
Eagle Wood Farm. (2019). The two types of fertilizer. [Blog post]. Retrieved from
https://www.eaglewoodgourmetfood.com/types-offertilizers.html#:~:text=
The%20two%20types%20of%20fertilizers,in%20plant%20growth%20and
%20health.
Aduana, N. 2014, Fundamentals of Accounting, 893 EDSA, South Triangle
58
Appendix
59
Appendix B. Household Data
60
Appendix C. Raw Materials Prices
61
Appendix D. PPE Prices
62
Appendix E. Survey Questionnaire
63
DAVAO DE ORO STATE COLLEGE
New Bataan Campus
Poblacion, New Bataan, Compostela Valley Province
COLLEGE OF BUSINESS EDUCATION
Bachelor of Science in Entrepreneurship
Greetings!
We, third-year students of Davao de Oro State College - New Bataan Campus, under the
entrepreneurship program, are conducting a localized feasibility study of organic fertilizer,
particularly the FERMENTED FRUIT JUICE.
We would like to invite your participation in our study by answering our prepared questions.
There is no right or wrong answer, but we prefer an honest one. Furthermore, all answers,
including your personal information, are protected under Republic Act No. 10173, also known
as the Data Privacy Act that seeks “to protect the fundamental human right to privacy of
communication while ensuring free flow of information to promote innovation and growth [and]
the [State’s] inherent obligation to ensure that personal information in information and
communications systems in government and in the private sector are secured and protected.”
If you wish to change or withdraw your answers, you may reach either of us, the researchers,
personally or through Messenger chat.
Sincerely,
JESSEL C. BANTAYAN
JHONMARK P. DAYDAY
JOHN MARC T. JAMISOLA
RAYMARK L. TUBA
RHOBIE BRYAN G. YBAÑEZ
.
Instructions: Please fill the blanks provided and check the box that best corresponds to your
answer.
64
Part I. Demographic Profile
Kindly fill out the blanks provided and check the box that best corresponds to your answer.
Monthly Income:
Php 10,000 and below Php 30,001 – 40,000
Php 10,001– 20,000 Php 40,001 – 50,000
Php 20,001 – 30,000 Php 50,001 and above
Part II. Historical Marketability
Kindly check the box that corresponds to your answer.
Yes No
Organic Synthetic
3. Which plants do you use it for? Kindly check all that apply.
Yes No
6. Do you have knowledge about the availability of organic fertilizers in New Bataan?
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Yes No
7. If you answered yes in the two previous questions, where do you buy organic fertilizers?
Kindly select all that apply.
Yearly Other:
9. If you are currently using a fertilizer, how much do you usually pay for it?
Php 150 and below Php 151 - 300 Php 301 - 450
Projected Marketability
Kindly check the box that corresponds to your answer.
10. Shall a seminar about organic fertilizer be conducted in New Bataan, will you participate?
Yes No
Yes No
12. Shall a startup offer FERMENTED FRUIT JUICE FERTILIZER, will you patronize it?
Yes
No
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13. Shall a startup offer FERMENTED FRUIT JUICE FERTILIZER, will you buy in individual
bottles or in promotional packages?
Individual bottle
Promotional package
14. Shall a startup offer FERMENTED FRUIT JUICE FERTILIZER, how much are you willing
to pay for it?
151 - 300
301 - 450
450 - 600
15. Shall a startup offer FERMENTED FRUIT JUICE FERTILIZER, what factors will you
consider to make them your primary and maintaining fertilizer supplier for your plants?
Kindly check all that apply.
Consistency of supply
Other:
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Appendix F. Sample Size
68
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