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Business Feasiblity by Group 4

This document provides a feasibility study for a proposed business called MARZ’s Piso-Wi-Fi that will provide affordable internet access via Wi-Fi hotspots in Marawi City. It includes research conducted through surveys, interviews, and literature reviews. The study examines the market potential, including target customers and competitors. It also evaluates the technical aspects such as equipment and location needs. Finally, it covers management considerations like staffing, legal registration, and human resource policies to guide the proposed business.

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Aripin Sangcopan
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0% found this document useful (0 votes)
1K views60 pages

Business Feasiblity by Group 4

This document provides a feasibility study for a proposed business called MARZ’s Piso-Wi-Fi that will provide affordable internet access via Wi-Fi hotspots in Marawi City. It includes research conducted through surveys, interviews, and literature reviews. The study examines the market potential, including target customers and competitors. It also evaluates the technical aspects such as equipment and location needs. Finally, it covers management considerations like staffing, legal registration, and human resource policies to guide the proposed business.

Uploaded by

Aripin Sangcopan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 60

A Business Proposal on MARZ’s Piso-Wi-Fi:

A Feasibility Study on Accessing Affordable Internet

A Project Feasibility Study


Submitted to
Prof. Novalyn Matuan, J.D, MPA
Faculty in the
Department of Public Administration
College of Public Affairs
Mindanao State University
Marawi City

In partial fulfillment of the requirements in the course


BPA180 - ** (Project Monitoring and Evaluation)
Second Semester, A.Y. 2022-2023

Presented by
GROUP 4
Ali, Zumaiyah
Imam, Monaifa E.
Laguindab, Rania
Abdulcader, Mohammad Rafsanjanie
Sangcopan, Aripin

MAY 08, 2023


TABLE OF CONTENTS

CHAPTER I. Executive Summary


A. Name of the Business………….……………………………………..........................5
B. Title of the Study………….…………………………………….................................5
C. Store Location………….…………………………………….....................................5
D. Description of the Logo………….……………………………………......................6
E. Brief Description of the project………….……………………………………...........7
F. General Objectives of the Business………….……………………………………....7
G. Research and Methodology………….…………………………………….................7
G.1: Survey………….……………………………………...................................8
G.2: Sloven’s Formula………….……………………………………..................8
G.3: Sampling Technique………….…………………………………….............8
G.4: Survey questionnaire………….……………………….……………...........8
G.5: Interview………….………………………………….…..............................9
G.6: Research………….……………………………………................................9
G.7: Mapping………….……………………………………................................9
G.8: Search of Internet, Books and Libraries………….……………………......10
H. Project Summary………….……………………….......…………….........................10
H.1: Market Summary………….……………………………………....10
H.2: Technical Summary………….……….………………...................11
H.3: Management summary………….…….………………...................11
H.4: Financial Summary……….……………..................…………........11
I. Operational Terms………….……………………………………................................11
J. Scope and Limitation………….……………………………………...........................12
CHAPTER II. Market Study
Objectives………….…..............................…………………………………...................13
A.2 Project Demand ………….………….............…………………………...................13
A.2.1. For the Industry………….…………………………………….................13
A2.2. For the Products………….…………………………………….................14
A.3. Market Segmentation………….……………....………………………...................14
A.3.2. Demographic…………………………...............................………….......14
A.3.3. Psychographic………….……………………………………...................15
B.2.2. For the Product………….……………………………………..............................15
B.3. Competitors Analysis………….…………………………………...............15
C. Demand Supply Gap Analysis………….…………………………………................16
D. Projected Sales……….................….……………………………………...................17
E. Marketing Strategies………….….........…………………………………...................17
E.1. Marketing strategies………….…………………………………….............17
E.2. Place Strategies………….…….………………………………...................18
E.3. Pricing Strategy………….…….………………………………...................18
E. 4. Promotion………….………….........…………………………...................18
E.4.1. Poster………….…………………..............…………………...................18
E.4.2. Website………….…………………………...........…………...................19
E.4.3. Flyers………….…………………………………….................................20
E.4.4. Gift ………….……………………………………...................................20
F. SWOT Analysis………….……………...............………………………...................20
CHAPTER III. TECHNICAL STUDY
A. Product Description………….………………….........…………………...................22
A.1. Product Pricing………….…………………....….………………...............23
A.2.1 Wi-Fi Mini Store Building Preparations………..........….…………..……23
A.3. Time Motion Study………….………………………...……………...........28
B. Business Process………….…………………………………….................................28
C. Business Location………….……………………………………...............................28
C.1. Vicinity Map………….........……………………………………................28
C.2. Mini Store Plan………….…....….………………………………...............29
D. Machineries and Equipment………….……………………………………...............32
E. Store Uniform………….……………………………...................………...................36

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F. Utilities Requirements………….…………………………………........….................37
G. Waste Disposal Requirement………….……………………………….……............38
H. Direct Labor Requirements………….…………………………………….................38
I. Work Schedule………….…………………………………….....................................40
CHAPTER IV. MANAGEMENT STUDY
A. Form of ownership………...........….……………………………………...................41
B. Vision, Mission, Core Values………….……………………………………..............42
B.1. Vision……….…………...........................…………………………............42
B.2. Mission………..........................……………………………………............42
B.3 Core Values……….……………...................………………………............42
C. Capitalization……….…………………………………...............................…............42
D. Organizational Chart……….……………………………………...............................43
E. Manpower Requirements……..............….……………………………………..........44
F. Employment Process……….…………...................…………………………............44
G. Legal Requirements……….………………………....................……………............45
G.1. City of Iligan City……….……………………………........………............45
G.2. BIR……….……………………………………...........................................45
G.3. DTI………................................……………………………………............45
G.6. FDA……….…………………..............................…………………............45
H. Organizational Policies and Procedures……….……………..........…………………45
H.1. Employment……….…………………………………….............................45
H.1.1. Employment Requirements……….………………………......…46
H.2. Classification of Workers……….……………………………………........46
H.2.1. According to rank……….…………………………………….....46
H.2.2. According to Status……….……………………………………...46
H.3. Orientation……….……………………………………................................46
H.4. Personnel Records……….…………........…………………………............46
H.5. Contracts Employment……….………….…………………………............47
H.6. Work Schedule……….………………….............…………………............47
H.7. Tune Keeping……….……………………………...............………............47
H.8. Attendance Punctuality……….……………………………………............47
H.8.1. Attendance……….………………………………....……............47
H.8.2. Punctuality……….…………………………………....…............48
H.9. Personnel Movement and Performance Evaluation……….……....………48
H.10. Separation from Service……….……………………………………........48
H.10.1. Termination……….…………………………………….............48
H.11. Compensation and Benefits……….………………………..……………..48

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H.11.1. Salaries and Wages……….……………………….…………….48
H.11.2. Overtime Pay……….………………………………..…….........48
H.11.3. Cancelled day off / Holiday Pay……….……………..…………49
H.11.4. 13TH Month of pay……….……………………………………..49
H.11.5. Paternity and Maternity leave……….…………………......……49
H.11.6. Partnership Benefits……….……………….....................………49
H.11.7. Hospitalization Plan……….……………………….....................50
H.11.8. Accident Insurance……….......................………………………50
H.11.9. Retirement Benefits……….…………….....................…………50
H.11.10. Bereavement Assistance……….……………………............…50
H.11.11. Other Incentives and Awards……….……………………........50
I. Code of Ethics……...................................................….………………………50
I.1. Hygiene and Sanitation……….………….......................……………50
I.2. Arrival and Departure of Employee……….……………...........……50
I.3. Procedure for Notice and Bulletin Boards……….……………......…51
I.4. Notice of Disciplinary Action……….……………………….............51
I.5. Code of Conduct……….……………………….................................51
I.5.1. Kinds of Penalties……….………………………............................51
H. Project Schedule Gannt Chart……..........................….………………………52
CHAPTER V. FINANCIAL STUDY
I. MARZ’s - PESO WIFI Objectives……….…………………................................……53
• Statement of a comprehensive Income: Comparative Analysis……….……...................54
• Statement of Cash flow: Comparative Analysis……….………………………...............54
• Statement of Financial Position……….…………........................................……………56
• Statement of Changes in Partners Equity…..........................…….………………………57
II. Economic Value……….……………...........................................................…………57
CHAPTER VI. SOCIO-ECONOMIC CONTRIBUTION
A1. Contribution to the Philippine Economy……….……………...................…………58
1. Taxes……….…………………............................................…....................…58
2. Supply of the Product or Commodity……….…………..............……………58
3. Demand for Local Materials……….…………………............................……58
A2. Employment Generation……….…….....................……………......................……59
A3. Environment Conservation……….…….................…......................………………59
Feasibility Findings……….………...............................................…......................……………59
References…….………...............................................…......................……………...................60

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CHAPTER I

Executive Summary

A. Name of the Business: MARZ Piso-Wi-Fi

The business proponents came up with the business MARZ Piso-Wi-Fi as the name of
our business. The word MARZ is the combination of our group names. For us, the word MARZ
is from the word “maretis”, a Tagalog term for people who like or talks a lot. M stands for
“Monaifa”, AR stands for “Rafsan”, “Aripin” and Rania”. As their names starts with “A” and
“R” we came up to “AR” instead to make our business name unique and lastly “Z” stands for
“Zumaiyah”. That’s why when we put it together it becomes “MARZ”.

Piso-Wi-Fi is a kind of internet vendo from its word “piso” (peso), a type of silver coin in
the Philippines and “Wi-Fi”, a wireless internet. Piso-Wi-Fi is a popular business in the
Philippines as we all know that the country has a very poor internet and at the same time, not all
can access a prepaid load or to have an individual Wi-Fi to their homes. Therefore, with this
business of ours, we can help especially the students to access internet with affordable cost by
just putting a piso coin in our Piso-Wi-Fi vendo.

B. Title of the Study:

A Feasibility Study on Accessing Affordable Internet through Peso-Wifi

C. Store Location: Annex Building in MSU – Marawi City

Figure 1: Figure 2:

Location of the Business Actual (Zoom) Location

Old CNSM, SLH, MSUSHS, ISED, CSSH, Tagaytay, Annex Building, Mindanao State
University – Main, Marawi City
MSU- Marawi is one of the prestigious universities in the Philippines located at the
Region IX in Mindanao. Here, we can find so many students from any provinces in
Luzon, Visayas and Mindanao with different tribes and beliefs

5
We choose to put our business around Annex in MSU – Marawi City for the reason that,
the CNSM and CSSH building is the busiest building. Annex section is where we can
find rooms for minor’s subjects that’s why it’s very popular for so many students
In Annex, there’s a “tambayan” or a small cottage for the students to sit and do their
assignments or make a chitchat with their friends
Around the old CNSM Building, we are planning to put our Piso-Wi-Fi near in a
covered walk. In that way, the students who are resting or waiting for their next class can
have a time to scroll on their phones or do their research through using the said Wi-Fi
vendo
Based on our survey as well as our experience, we can say that the said location is
abundant and visited mostly by the students from different colleges of MSU – Marawi
City.

About MARZ Piso-Wifi I


AMOUNT TIME DATA
1 15 minutes Unlimited
2 25 minutes Unlimited
3 35 minutes Unlimited
4 45 minutes Unlimited
5 1 hour and 30 mins. Unlimited
10 3 hours and 30 mins. Unlimited
15 5 hours and 30 mins. Unlimited
20 8 hours Unlimited
30 1 day internet Unlimited
40 2 days internet Unlimited
50 3 days internet Unlimited

D. Description of the Logo

Figure 3: Business Logo

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Our business came up with this logo because we believed that just like the planet Mars,
we can give and help our dearest students in MSU – Marawi to access internet fast, anytime, and
anywhere they are around Annex area.

We believed that through our business “Piso-Wi-Fi”, we can provide a fast and easiest
transactions to our customers for accessing internet every time they want.

We came up to the color red, green. blue, and white because we believed that, just like
the name of our business “MARZ”, from the word “maretis”, it’s like a virus that will spread
throughout the campus. Red as this represents the planet Mars. Our Piso-Wi-Fi is just like how
hottest the planet Mars is. Its fastest among all. Green as we believed that we are going to
provide a friendly environment to the students. Blue is representing the Wi-Fi logo as this is the
most important among all. White as we believed that our business is pure, and we made it for the
sake of our beloved fellow students.

E. Brief Description of the project

The study is about the project of installing a Piso-Wi-Fi around Annex in MSU –
Marawi. The main objective of the business proponents is to help the students inside the campus
to access internet fast and easier. Through this business, the student who will serve as the
customer can access and finish their homework’s, research, thesis etc. Our business wants to
emphasize that hindrance our busy schedule, heavy paperwork’s, and lack of financial to have a
prepaid load, through the help of putting a coin or “piso” in our vendo, we will assure you that
you will finish and access internet with very affordable and fast.

F. General Objectives of the Business

A. To help our fellow students to access internet with their convenient time
B. To provide fast internet to the students inside the campus
C. To offer an affordable internet by just putting a coin or piso coins in Piso-Wi-Fi
D. To motivates or entertain the students while waiting for their next classes
E. Through our Piso-Wi-Fi, we cannot just help the students but as well as the other
faculties and staff and vendors around annex area
F. Competent enough to access easier and fastest internet and help students to finish their
research, assignments, thesis and etc.
G. To help the students save their money by availing our affordable price internet.
H. To provide a friendly environment to the students.

G. Research and Methodology

The business proponents use different kinds of techniques in gathering information to


support the study,

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G.1: Survey

The proponents will survey their target respondents, the students around MSU – Marawi
as their respondents for their business to get their opinions regarding about installing a
Piso-Wi-Fi around Annex. The respondents were coming from the .10 total population
inside the MSU campus, and the proponents will be using the Slovens formula. The
survey was distributed among the students in MSU -Marawi City around Annex. The
proponents will use the Slovens formula so that they will know the respondents’
perceptions and reference regarding to their proposed business.

G.2: Sloven’s Formula

The proponents will be using the Slovens formula to determine the needed number of
respondents.

Formula:

N
𝑛=
1 + Ne²

Where:

N = the number of people who qualify in the area of study

E = margin of error which is 5%

N = number of needed respondents

Solution:

12,000
𝑁= = 387
1+(12,000) (.05)²

G.3: Sampling Technique

The proponents will be using the random sampling to gather information from the said
target location. Surveys and interview will be conducted as well to further the people’s
demand regarding about the poor internet and also lack of Wi-Fi inside the campus by
using a specific number of students or respondents from different colleges within or at the
Annex area for their minor and major subjects. The proponents will only choose from
.10% of total population respondent within MSU – Marawi City.

G.4: Survey questionnaire

In order to have an access on the pertinent information and gather important data about
student’s situation and struggles when it comes to the poor internet inside the campus of
MSU – Marawi City, the proponents agreed to use a Questionnaire. In this survey, the
proponents will find it easy and reliable. Wherein, they will use the checklist format.
Questions are made for the proponents to get their personal choice when it comes to the

8
internet connection. By these questions, the proponents will be able to determine the
demand of their business. The group will provide at least 387 survey questionnaire which
are all in English language.

G.5: Interview

The proponents will interview some students in order to answer questions in addition to
the information through the survey. We are planning to interview at least 100 respondents
around MSU Annex to determine their preferences, the total financial of the business and
the possible layout for the stall wherein the Piso- Wi-Fi will be establish.

G.6: Research

The proponents will be using the information from different libraries and surf the internet
as their source of their research in order for them to gather information about the business
and the location of their business and other information that will help their study.

G.7: Mapping

Figure 4:

Mindanao State University – Marawi City Map

The supposed to be a business will be study and focus in the Annex area in MSU –
Marawi City (shown in the figure above). As you can see in the figure 4, the said
university composed of five (7) barangays composed of Dimaluna, Rapasun, Lomidong,
Cabingan, Biaba Damag, Cadayonan and Banga inside the campus. The said proponent’s
business is located in MSU Annex, 1st street near at MSU admin and College of Natural
Science and Mathematics (CNSM) where the group will establish their Piso – Wi-Fi.

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G.8: Search of Internet, Books and Libraries

The proponents will be using the information from surfing internet as a source of their
research in order for them to gather information about the business, the location of the
said Piso-Wi-Fi and other information that can help the study.

Wi-Fi has had a huge impact on the modern world and will continue to do so. From home
networking to the office and public internet connectivity, high-speed connectivity without
reliance on cables has radically changed the way computing happens. As we are living in
the modern age also known as the information age, people especially the students are
struggling to search their projects, research, or assignments.

It would not be an exaggeration to say that because of ready access to Wi-Fi, people are
able to lead better lives – using smartphones, laptops, tablets, and other portable
electronic devices and getting access to the world wide web has become much easier and
more convenient.

However, not everyone has access to their own home Wi-Fi routers. Plus, even if you
have your own home Wi-Fi router, you can’t exactly use it when you’re in public. So,
how do you get a Wi-Fi connection when you don’t have your own router, or when
you’re out in public? This is where Piso Wi-Fi comes in.

The Piso Wi-Fi Vending Machine is a product that provides an internet connection for an
affordable price. The easy to set-up and easy to use the machine can provide wifi
connection to up to 200-300 users, with a range of 100 meters, and can still be extended
upon purchasing the Wi-Fi extender add on.

The majority of people have a smartphone – but not everywhere has Wi-Fi. Piso Wi-Fi
Vendo machines can fill this huge gap between Wi-Fi needs and Wi-Fi coverage. So,
through this Piso-Wifi, they will just put a coin to the vending machine and connect their
smartphone to the Wifi and they will just easily search their homework’s on Google.
With its affordable cost, students will now access not just their homework’s, research or
anything that is related to academic, but they can also scroll and entertain their selves
through social media platforms.

H. Project Summary

H.1: Market Summary

The market projection of this business is based on the surveys conducted and other
related information will be gathering within the MSU – Marawi Annex area. This study is
feasible because our target population are willing to and capable of availing our business
proposal and service. We also consider factors like our competitions and prevailing prices
of their coin per minutes for the piso-net and also for the store who’s selling ticket wifi

10
that will affect our cost and income of our business. Based on our demand financial
analysis, we found that we can give the students an affordable or they can avail our
service this is cheap, and our business is based on our forecasted data.

H.2: Technical Summary

The business that we are planning to offer to the students of MSU – Marawi is a Piso –
Wi-Fi for them to easily access a wireless internet and very affordable to their pocket by
only putting a coin, a piso (peso) to the wifi vending machine. The project is feasible
based on the different aspect that we consider in operating this business.

H.3: Management summary

MARZ’s Piso-Wi-Fi is a partnership form of business ownership by the business


proponents which they are the one who will handle management of the business. There is
a manager who will monitor or who will be in-charge for its day-by-day operation of the
business. The said business will have its one (1) manager as the owner and 1 worker.
Through this organizational structure, there will be a smooth operation of the business
and also based on the technical know of how the manager which is the owner manage
his/her business with the help of its worker, therefore, this business is feasible in this
aspect.

H.4: Financial Summary

The initial capital of MARZ’s Piso-Wi-Fi is Php 126,227.35 including the load wifi on its
first month, land rent, materials needed for building the mini store and the salary of the
carpenter, helper and the maintenance fixer of the said business. The capital will be
coming from the business proponents to establish their supposed to be business. There are
no other sources of capital aside from their contribution. The return of asset will be .10 at
first year and the payback period will be exactly 1.25. Therefore, our financial study is
feasible.

I. Operational Terms

Maretis – is a Filipino term which means people who love or talks a lot.

Mars – Mars is the 4th planet in the solar system.

Piso – piso is came from the word Philippine “peso”, a silver coin in the country.

Wi-Fi – is a wireless connection that makes our devices scroll and surf internet or in social
media.

Piso-Wi-Fi – is a combination of the Philippine coin “peso” and the wireless connection internet.
A popular business in the Philippines as not all cannot afford to install their individual internet in
their homes. Therefore, by just putting a coin in the Wi-Fi vendo, you can connect to their Wi-Fi.

11
MSU – Marawi City – Mindanao State University – Marawi City is one of the prestigious
schools located in Marawi City, Lanao del Sur.

MSU – Marawi Senior High School – MSU – MSHS is one of the stakeholders in the campus.
They are the secondary students inside the campus and the future MSU students who will likely
go to MSU – Marawi City (tertiary)

Annex – is the popular word or area for the students. This area is where located the minor
subjects which located between CNSM and CSSH.

J. Scope and Limitation

The study will tackle the feasibility of the said business, the “MARZ’s Piso-Wi-Fi” that is
located near in CNSM at the MSU – Annex area, also the acceptance of the present and potential
customers, on how well they will respond to our business.

• The respondents are those students (male/female) we might see rooming around or
staying mostly in the Annex area while waiting for their next classes in MSU – Marawi

The competitors we might consider are those near store or boarding houses who have the
same Piso-Wi-Fi stall and those stores selling their ticket Wi-Fi or stub to the students near in
Annex area.

12
Chapter II

Market Study

MARZ’s wifi is a piso net kind of internet service that is easy to use and affordable. Piso-
Wi-Fi is a kind of internet vendo from its word “piso” (peso), a type of silver coin in the
Philippines and “Wi-Fi”, a wireless internet. Piso-Wi-Fi is a popular business in the Philippines
as we all know that the country has a very poor internet and at the same time, not all can access a
prepaid load or to have an individual Wi-Fi to their homes. This piso-wifi will offer faster
internet service at a cheap cost especially to those people who can’t afford to buy pocket wifi, so,
they are using internet to communicate their family or friends. Wherein, the goal of this business
is to provide the community in affordable and faster internet access.

The objective of this business is to delight the customer’s by means of meeting their
expectations but rather exceeding and going extra mile. Therefore, with this business of ours, we
can help especially the students to access internet with affordable cost by just putting a piso coin
in our Piso-Wi-Fi vendo. Furthermore, the customers will be the key factors to achieve the
business objectives knowing customers demand and supplying them right products at reasonable
prices.

Objectives:

a. To analyze the market demand and supply of the piso-wifi business

b. To define the target customer of the business through market segmentation

c. To determine the marketing strategies to be applied in the business

d. To determine the feasibility of the business

e. To determine the range of the business

f. To analyze and understand the complexities of the MARZ’s Piso-Wifi

A.2 Project Demand

A.2.1. For the Industry


The Annual Increase of demand for the year 2018 - 2022 is based on the annual
population growth rate from 2012 - 2017 by 5.20%. The annual projected demand was obtained
by multiplying the market acceptability which is 88.20 to target population and to the frequency
of agreement. Based on the obtained demand, it was distributed again every product in order to
determine its demand.
The Projected demand for industry in 2018-2022 is as follows:
Year M.A Target F.O. A Annual
Population Demand
2018 75.10 10,000 70 52,570.0

13
2019 75.10 11,500 70 60,455.5
2020 75.10 9,000 70 47,313.0
2021 75.10 9,500 70 49, 941.5
2022 75.10 12,000 70 63,084.0
Table 1: Projected Demand for the Industry

A2.2. For the Products

It is computed by multiplying the projected annual demand of industry to the


percentage of each based on the survey.

Project Demand
MARZS-Wifi Wifi Load Utilities Total

Year (12.5) (5.5)


2018 10,800 52,000 70,000
2019 11,400 30,200 41,600
2020 12,000 64,600 76,600
2021 13,200 51,900 65,100
2022 14,400 65,340 79,740
Total 61,800 274,040 333,040
Table 2: Projected Demand for the Product

A.3. Market Segmentation

A.3.1. Geography

Location MSU-Annex
Climate Wet & Dry
Barangay Lomidong
Region Region IX
City Marawi City
Density of the Area Urban

A.3.2. Demographic

➢ Age 12-50 years old


➢ Gender Male & Female

A.3.3. Psychographic

Personality Multi-Personality
Lifestyle Delicate, Adventurous, Gamer

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Year M.A Target F.O. A Annual
Population Demand
2018 75.10 10,000 70 52,570.0
2019 75.10 11,500 70 60,455.5
2020 75.10 9,000 70 47,313.0
2021 75.10 9,500 70 49, 941.5
2022 75.10 12,000 70 63,084.0
Table 3: Projected Supply for Industry

B.2.2. For the Product

MARZs-Wifi Wifi Load Utilities Total

Year (12.5) (5.5)


2018 10,800 52,000 70,000
2019 11,400 30,200 41,600
2020 12,000 64,600 76,600
2021 13,200 51,900 65,100
2022 14,400 65,340 79,740
Total 61,800 274,040 333,040
Table 4: Projected Supply for the Products

B.3. Competitors Analysis

The following are the competitors of the business:

Wise To Go (20) – Wifi internet offering a wifi ticket in all corner or places within the campus
particularly near cottages or dormitories

Excellink (10) – Wifi internet stall located at MSU -ILS offering a wifi ticket or near stores or
cottages/dormitories

Cyberlink (3) - students type of internet business offering a wifi ticket.

AirNet (10) – Wifi internet stall located in De karsada Cafe, MSU - Commercial Center and all
inside the campus

Free Wifi (5) – Free wifi near in MSU-Annex is one of our competitors because some students
might just go to Admin, Convention Hall to connect their phones as there’s a free internet there
or to other colleges who have their free wifi for their students and faculties

Piso-net (5) – Piso-net near in MARZ’s wifi might also be one of our competitors because
students are likely wanting to have a new environment and also comfortable place for them

15
Products Wise Cyberlink Excellink Air Free Piso- Total Annual In Person
to Net Wifi Net sold/day Supply
Go
Wifi 50 - - - - - 500 182,500 168,100
Internet
- 450 - - - - 450 164,250 149,850
- - 400 - - - 400 146,000 131,600
- - - 420 - - 420 153,300 138,900
- - - - - - - - -
- - - - - 1,200 1,200 438,000 474,500
Table 5: Competitors Product analysis

C. Demand Supply Gap Analysis


This is necessary to determine MARZ’s Piso-Wifi share. The gap or unsatisfied market is
obtained by subtracting the project demand to the project supply which shows the available wifi
internet for the students. It also shows the number of persons whom we need to supply to answer
their demand for wifi internet. We now show the gap for every product using the data from
projected demand and projected supply.

Table 10 will show the demand, supply, and gap per product as well as the overall total.
Table II (Market Shares of MARZ’s PISO - WIFI
Year Projected Growth Market Share
2018 7% 15.10%
2019 7% 16.50%
2020 7% 14.10%
2021 7% 14.80%
2022 7% 17%
Note: Capacity to supply annually: 12,000 persons
Increase: 7%
Table 6: Projected Market Share

D.Projected Sales
Projected Sales were obtained by multiplying the price for solo meals and combo meals
to our total servings pr products. Our sales will increase by 7% based on our market share.

Year Growth rate Annual Sales Monthly Daily


2018 7% 720,000 60,000-70,000 2,000-3,000
2019 7% 1,440,000- 120,000- 4,000-4,500
1,620,000 135,000

16
2020 7% 432,000- 36,000-39,000 1,200-1,300
468,000
2021 7% 540,000 45,000 1,500
2022 7% 1,440,000- 120,000- 4,000-5,000
1,800,000 150,000
Table 7: Projected Sales

Figure 5: Breakdown of Markets


E. Marketing Strategies
E.1. Marketing strategies
Students nowadays are likely to want to have a fast and affordable internet. With
our business wifi, this will serve as the competitive advantage to enable penetrate to the
market. Our product or service is only the internet connection by having a load to the wifi
every month (12.5%). Through our wifi, you can easily access the internet at your own
time anytime and anywhere that is near and within the scope of our location for the
students to scroll internet if they feel bored waiting for their next classes, for their leisure
time and especially this project is initiated for the students who wants to research for their
homework’s or assignments or even their thesis without spending or buying ticket wifi to
the store for 10.00 pesos for only just 1 hour. With this our business, you can only put a
coin, a piso coin for 15 minutes in your free time rather than buying a ticket wifi for 1
hour but you can even pause or stop the internet.
E.2. Place Strategies
MARZ’s wifi will be located in MSU-Annex near between CNSM and MSU-
Senior High School. MSU-Annex has been chosen as the business location because this is
where most students are coming for their minor subjects and staying for their next
subjects. Although our scope is within MSU-Marawi City, there’s a possibility that
people outside of the campus will also be our customers.

Different colleges of MSU students such as from CHS, CSSH, CPA, COE, CFES,
CFAS, King Fai and etc., may come here. In addition, other students from other colleges

17
or schools may come here such as the Ibn Siena, ISED, MSU-MSHS, ILS and etc. may
also be one of our customers.

Moreover, the place is also near at Commercial Center or ComCent wherein we


can have easily access for our monthly wifi load as well as the materials and equipment
needed for our business regular operations and even on emergency operations.

E.3. Pricing Strategy

We used cost plus strategy in order to set the price of our business.

The computation would be:

Purchase cost + Operating Cost = Mark-Up = Selling Cost

E. 4. Promotion

Based on the responses on the survey, posters (78%), website (42%) and flyers (91%) are
the top three advertising tools that our customers want us to use to reach them.

E.4.1. Poster

Posters will be placed near our Piso-Wifi vending machine. The design of the
poster can be able to catch the attention of the people especially the students as our
customers because of its unique style of information we provided. The proponents did
their best to design it to catch the eyes of the customers to purchase and connects to our
piso-wifi.

Four (4) posters will be produced and placed in its location at MSU-Annex, and
also to some selected colleges for three (3) months.

The computation would be:

No. of pcs. X Unit price X No. of times per month

4 X 200 X 1 = Php. 800.00

Figure 6: MARZ Piso-Wi-Fi Poster

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E.4.2. Website

As we are living in the modern age also known as the information age, people
especially the students are struggling to search their projects, research, or assignments.
As the majority of people have a smartphone – but not everywhere has Wi-Fi. Piso Wi-Fi
Vendo machines can fill this huge gap between Wi-Fi needs and Wi-Fi coverage. So,
through this Piso-Wifi, they will just put a coin to the vending machine and connect their
smartphone to the Wifi and they will just easily search their homework’s on Google.
With its affordable cost, students will now access not just their homework’s, research or
anything that is related to academic, but they can also scroll and entertain their selves
through social media platforms.

Figure 7: MARZ Piso-Wi-Fi Website

www.marzpisowifi.com.affghvcgdjghtgjkc

E.4.3. Flyers

Flyers is an easy strategy to get a customer as it can be brought to other places,


means it will spread throughout the community. Therefore, the proponents will produce
500 flyers per day. These flyers will be distributed twice a week or eight (8) times in a
month. Flyers will be given in its first three (3) months by the business proponents until
they get their loyal customers.

The computation would be:

No. of pcs. X Unit price X No. of times per month

500 X 7 X 1 = Php. 3, 500.00

19
Front Back

Figure 8: MARZ Piso-Wi-Fi Flyers

E.4.4. Gift

Our business will be giving gift to our customers on their first purchase or the
time they will connect to our Piso-Wifi through giving a one (1) hour free internet. We are also
going to give a free voucher to our loyal customers. The recipients of these free giveaways will
be the first 200 customers in our business.

F. SWOT Analysis

Strengths

The location of our business is accessible enough to cater our target population
The business will be liked by the target population as nowadays, internet is a must
especially for the students/youths
Our business ia aesthetic for the reason that we’ve seen that piso-wifi is nowhere
seen in MSU-Annex
MARZ’s Piso-Wifi will do their best to give a student a fast internet for them to
access and finish their research papers
Our business will provide other chairs or tables near in the MARZ Piso-Wifi for
the customers can rest or sit while using our connection wifi
The proponents will prepare a coin to the customers who needs to change their
money from a coins

Weaknesses

Students may stay longer connecting to our piso-wifi that others might neglect
or forgot that they have a classes
As MSU-Marawi City is known for having a poor internet, they might be a
time that there’s no internet connection or its poor

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There’s might be some little errors when it comes to mobile or other devices
and utilities connecting to wifi
There’s a possibility that we lost internet if there’s an interruption of current
that might affects the customers surfing internet

Opportunities

Piso-wifi is not really seen inside the campus, so there’s might be a possibility
that a lot of students will try to visit and try our business
This will be acknowledged by the Employees or the faculty’s in MSU-Marawi
because for the first time, there’s a piso-wifi that will helps students when it
comes to their research papers. In addition,
MSU-Annex might be a kind of tourist or highlight and popular place inside
the campus because of so many students will come there
We might get a lot of students because piso-wifi is very affordable compared
to those stores selling ticket wifi or stub

Threats

We might lose our other customers because there’s a time that our wifi lost its
internet connection or have poor internet
The other near wifi or store selling ticket wifi or stub might get some of
customer if we have no internet connection
The University or other employees/faculty might complain if there’s so many
or abundant of students in MSU-Annex connecting to our Piso-Wifi

Chapter III

TECHNICAL STUDY

A. Product Description

21
Figure 3.1. Internet Wifi

The main product of our business is the internet Wifi. Internet has become one of the
most important tools when communicating in our daily life especially if it is long distance.
Wireless connectivity also known as Wi-Fi, is a wireless local area network that allows us to
connect to those technologies that need internet connection without using any wires. Using Wi-Fi
can help students, workers, and even people who just stay in their homes because having an
internet connection allows them to access information in different websites in real-time.
Philippines alone has almost 73 million internet users in January 2020 but despite of these many
users, there are some who don’t have their own source of internet connection or Wi-Fi in their
houses. Some could not afford having Wi-Fi in their homes even if they wanted to because it is
pricey, and some have their priorities.

Internet connection is one of the demands and needs of the people since many have been
doing their work and online class at home therefore, the researchers advocate to help those who
are not financially fit or financially stable to have Wi-Fi installed in their houses by giving them
an affordable and accessible internet connection. The usual Wi-Fi we see needs to be installed in
our house but what about when that Wi-Fi turns into an accessible one where you just need to
pay a small amount of money for an internet connection in a certain amount of time? No need to
pay thousand pesos every month. The business was made because of the problem that the
country is facing over the poor internet data at the same time who cannot afford to buy and put
their own internet Wifi to their individual homes.

The business is called Piso Wi-Fi because it is a vendo-like machine where you can just
put a piso for an internet connection for a limited time. Meaning, no more paying thousand pesos
every month for an internet connection. Aside from being affordable, it is also accessible and
convenient as the business will be just outside or near your houses to avoid walking far or
additional expenses for the transportation. The business is also planning to make an app
partnered to a telecommunications company. PLDT where anyone can install it and have easy
access to internet connection anywhere, they are. Customers just have to pay through GCash,
Paymaya, Paypal or any online banking such as, BPI, BDO and MetroBank.

A.1. Product Pricing

The bases of the product pricing which is the internet load is depends on the price
every month or year in the telecommunication. Our piso-wifi is an unlimited data to
satisfy our customers day and night without interrupting their selves scrolling and surfing
in social networking. Based on our research or even from the business proponents that the
wifi load is increasing every year.

YEAR Wi-Fi Price Per Month Total Load for a Year/12 months
2018 900 10,800

22
2019 950 11,400
2020 1,000 12,000
2021 1,100 13,200
2022 1,200 14,400
Source: Philippine Telecommunication/PLDT

Table 3.1. Load Wifi Price in 2018-2022

The above table data shows the wifi load of our business piso-wifi increase every
year. The 5 years average of wifi load in 2022 was peak to Php 1,200.00 on that year. It
increased by Php 100.00 than on its previous year. On year 2021 it cost for Php 1,100.00
which was increased on its previous year (2020) at Php 1,000.00 which also increased by
Php 100.00. The yearly average price of wifi load for 2022 were increased than their
respective records in 2021.

Based on the table, the total load for wifi peaks to Php 438,000 which increase
from its previous year’s Php 401,365. The annual increase of wifi load of 1,100 on year
2021 because of high demand of populations using internet and as well as the business
owners of piso-wifi/piso-wifi. The yearly average load wifi price for the year 2022 were
higher than on its previous records.

A.2.1 Wifi Mini Store Building Preparations

Figure 3.1 shows the process and steps about preparing and installing the wifi
internet to make it possible and to have a internet connection for the customer connect to
it in MSU – Marawi City.

Materials
Land Rent Mini Store
Plan Needed
Preparation

Building the Put the Piso- Assemble the


Store Wifi Vendo Piso-wifi
through DIY
Put the Piso- to the store

Wifi Vendo
Figure 3.1 MARZ’s Mini Store Building Preparation and Installment
to the store
❖ Land Rent Preparation

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The business proponents will rent a small land area for the mini store will be build with
approximately 5m x 6.5 m as the only priority of this is to put the vendo machine to the store.

❖ Mini Store Plan

The business proponents will plan to build a mini store to put the main product of the
business which is the piso-wifi vendo machine and also a space to rest for the worker(s) and
owner to inside. The owner with the help of the hire construction workers will collaborate on
how many size and big the store is.

❖ Materials Needed

The business owner will ask or try to get help from other colleagues or acquaintance or a
same business to ask for materials or equipment that needs to buy for the business wifi such as
the vendo machine, coin acceptor, multiple charging station, wifi extender and etc.

❖ Building the Store

Once store is already plan and set the big or small of store is, that’s the time the
construction workers will do an action and do the mini store with limited days of 5 to finish the
store.

❖ Assemble the Piso-wifi through DIY

Once mini store is finished with its inclusions, that’s when the owner with the help of the
maintenance worker of the wifi who knows and experience enough to set the piso-wifi machine.
He/she will do this following process:

Figure 3.2 shows the process and steps about preparing and installing the wifi internet to
make it possible and to have a internet connection for the customer connect to it in MSU –
Marawi City.

Step1. Connecting all


Step 2: Step 3:
Prepare the Update the
Software Components
needed Configure Software
materials Installation
the Machine

Figure 3.2 MARZ’s Piso-Wifi Preparation Steps

Step 1: Prepare the needed materials

Important Note:

This is a DIY (do it yourself) product.

⚫ Raspberry Pi

⚫ RPI Power Supply

⚫ Universal Coin Coin Acceptor

24
⚫ Other Materials

◼ Micro SD Card

◼ SD Card Reader

If you don’t have the coin acceptor yet, you can still proceed to install the software and
configure your wifi vending machine as long as you have a raspberry pi, power
supply (for raspberry pi) and a micro-SD card. You won’t be able to test the payment
functionality though.

Step 2: Software Installation

Software’s to download:

◼ Download and install Etcher to your computer.

◼ Download any of AdoPiSoft Raspbian Images available in downloads page

After downloading the needed software, we need to flash the installer into the micro-SD
card using Etcher. To do so, unzip the contents of adopisowifi.zip.

Insert the micro-SD card into your computer using a card reader.

Open Etcher and click Select Image.

Then select adopisowifi-(version).img from the zip file.

25
Make sure to select your micro-SD card.

Click the Flash! button and wait for the process to finish.

NOTE:

If you encounter prompts about formatting your sd card, just click Cancel.

Step 3: Configure the Machine

Make sure you do the following before turning on the raspberry:

◼ Insert the SD card into the raspberry sd slot.

◼ Insert the LAN cable into the ethernet port of raspberry pi and make sure it is
connected to internet

Turn on the raspberry pi and wait for the AdoPisoWifi WiFi network to appear, it may
take a couple of minutes.

Connect to the wifi network using your laptop or smartphone. Once connected, open a
browser and go to http://10.0.0.1/admin

username:marzpisowifi

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password: marzpisowifi123

(The machine is also accessible in your ethernet using its WAN IP.)

Step 4: Connecting all Components

AdoPiSoft Wiring Diagram

Note:

Raspberry will use its built-in wifi module to broadcast the SSID. But its signal is very weak and
recommended only for testing purposes. It is best to upgrade the antenna using external access
point / CPE antenna to extend the wifi range and speed of your wifi vending machine.

Step 5: Update the Software

Software is constantly being improved, you need to update the software after installation to get
the latest features. To update the software, go to the admin settings and navigate to Device
section. Then click the Check For Updates button at the bottom of the page. Then click for Install
Updates button.

❖ Put the Piso-Wifi Vendo to the store

Once done in assembling the piso-wifi vendo machine then try to connect your phone
first if its working. Check if the internet connection is stable and once it’s okay, put this to its
appropriate place for the customers to use and put coins to able to connect to your business wifi.

A.3. Time Motion Study

The customers either student, faculty’s, civilians and etc. will ask for help to the
business workers if they have problem in putting their coins to the coin slot in the
machine. The workers of the piso-wifi also will give assistance to their customers if
they have problem in connecting their phone to our wifi or if they encounter error of
problem with their internet connection.

27
B. Business Process

Our Piso-wifi will open every day 24/7 (Sunday - Saturday), in that way our customers
can connect every time they want.

C. Business Location

C.1. Vicinity Map

Figure 3.3. MSU-Marawi, Lanao del Sur, Philippines

Mindanao State University, or commonly referred to as MSU Main, is a regional state,


coeducational, research higher education institution in the city of Marawi, Philippines. It was
founded in 1961 through R.A 1387 and is the flagship and the largest campus in the Mindanao
State University system.

The Main campus in Marawi City which started with 282 students and 12 faculty
members in its pioneering classes in 1962, has now grown to a multi-campus supra-regional
university system, serving over 69,000 students in all levels with nearly in all levels with 3,100
faculty members.

It is the only university directly charged by the government to advance the cause of
national unity and actively pursue integration through education.

The supposed to be a business will be study and focus in the Annex area in MSU –
Marawi City (shown in the figure above). As you can see in the figure 3.3, the said university
composed of five (7) barangays composed of Dimaluna, Rapasun, Lomidong, Cabingan, Biaba
Damag, Cadayonan and Banga inside the campus.

The said proponent’s business is located in MSU Annex, 1st street near at MSU admin
and College of Natural Science and Mathematics (CNSM) where the group will establish their
Piso – Wi-Fi. The aid wifi will reach to other colleges or places such like in Tagaytay, new
building of CNSM, ISED, MSUMHS and etc.

28
The proponents choose this location for the reason that this is the best place where we can
put our piso-wifi with a lot of students. MSU-Annex is known for having so many students
coming from different colleges for their minor subjects and others even staying here waiting for
their next classes. This is a good place not only for the students of MSU constituents but for all
people inside the campus and even outsiders can access this for affordable price and with a good
weather.

C.2. Mini Store Plan

Figure. 3.4 MARZ’s Piso – Wifi Mini Store View

MARZ’s piso-wifi will be suited and extend its internet connection up to 50 meters away
up to 25 meters. The business will build and put a mini store in the given location to put the wifi
vendo machine for approximately 5 m and 6.5 m for the students able to access our service by
just putting a coin to the universal coin acceptor. The owner and its worker will stay or look to
the store with their given schedules for them to assist the students who would likely to change
their money into coins and for those who have problem connecting their gadgets to the internet
wifi.

29
Figure. 3.5 MARZ’s Piso – Wifi Mini Store Plan

The figure 3.5 shows that the MARZ’s piso wifi will have a total area of the mini store for
about 5 m to 6.5 m. This mini store will be suited only for the vendo machine and its worker inside.
The said piso-wifi will extend and reach to other near places in MSU-Annex for about 50 meters
to 25 meters away. It is located near in old CNSM building extending the store at the covered walk
at MSU-Annex. We choose the MSU-Annex as our location of our business because this is the
place where many students found it here.

Building mini store will cost 25,000 and will rent the land area of the business location for
at least Php 500 per month. The mini store will be made and hire a carpenter to build and finish
the store, with the help of Ms. Monaifa Imam (Public Administration student, College of Public
Affairs, MSU-Marawi City) who will be the one who will guide and layout the mini store and look
upon and monitor the workers on their daily work to finish the store.

STRUCTURAL CONCRETE
Quantity
Computation
Footing (5 m x 6.5 m) 32.5 cu..m
Total Area cu..m
Material
Requirement
Cement 7.29 x 50 364.5 bags
10 bags
Sand 1.5 x 364.5 546.7 kg
5
3 kg

30
Gravel 3 x 364.5 1093. kg
5
5 kg
Labor
Requirement
Carpenters
Fabrication,
lacing &
dismantling
Carpenters 1-
carpenter&1help
er
Capability 10.00cu.m/day
No. Of days 32.5 cu.m/10.00 5 Days
cu.m/day
Direct Cost
A. Materials
10 bags Cement 150 1,500
3 kg Sand 40 120
5 kg Gravel 60 300
4 pcs Pinewood 300 1,200
Lumber
1 Shts Plywood 500 500
8 bd.ft lumber 244 488
32 pcs Hollow-blocks 50 1,600
3 Kgs. CWNail-1/2 90 270
2 Kgs. CWNail4” 95 190
Total Material P 6,168
Cost
B. Labor
1 Carpenter 5 days 600 P 3,000
1 Helper 5 days 200 P 1,000
Total Labor Cost P 4,000
Carpentry
Works
Quantity
Computa
tion
Floor- 6bags 3,000 bags
Beams

31
Roof- 4pcs.2’x6’1 1,200 bd.ft
beams 8’Pinewood
lumber
1pc/plywoo 500 Shts
d
Metal 5pc/9Mm 1,140 mm
Bars
Wall 32pcs/8’4’/ 1,600 Shts
hollowbloc
k
Truss 2pcs/lumbe 488 bd.ft
r
Paint 1gal 2,746 Gal.
Door “2/6,6/8 1,634 in.
Window 120cmX12 320 cm.
fence 0cm
Table 3.2 MARZ’s Piso-Wifi Materials and Laborer Cost Establishment

Store Area Rent Cost (Annually)

5 m x 6.5 m 6,000

Table 3.3 Mini Store Area

D. Machineries and Equipment

The project would need a wifi vending machine as its main product of the business. It also
needs a NMS to monitor the sales online and personal configuration every year.

Particulars Quantity Uses Unit Cost Total Cost


Wifi Vending 1 The most important in the 26,000 26,000
Machine w/ Standee business to build and every
and case time the customer put coin
to it, it directly inside the
machine to secure the
money
NMS *** To monitor the sales online 2,500 2,500
and personal configuration
every year
Multiple Charging 1 To be use for the wifi 18,000 18,000
Station vending machine to work
through charging it to the
electric current
Wifi Extender 1 To access and find internet 2,600 2,600
signal to make the wifi
connection better and high
Raspberry Pi 1 To connect and complete 22,000 22,000
the process of making or

32
assembling the vendo
machine
RPI Power Supply 1 To connect the RPI to 2,000 2,000
vendo machine
Universal Coin 1 To be put in vendo machine 2.395 2,395
Acceptor to be use and put the coins
every time customer will
try to connect in MARZ’s
wifi
Extension Wire 2 To be used to wifi machine 800 1,600
to reach the electric circuit
Other Materials:
⚫ Micro SD Card ⚫ 2 ⚫ To be put inside the ⚫ 3,000 ⚫ 6,000
computer for installing
or updating the
software of the wifi

⚫ SD Card Reader ⚫ 2 ⚫ To be put inside the ⚫ 2,300 ⚫ 4,600


computer for installing
or updating the
software of the wifi
Total Cost: 87,695
Table 3.4 MARZ’s Piso-wifi Vendo Machine Equipment

Particulars Quantity Uses Unit Cost Total Cost


CCTV 1 To monitor and secure 10,000 10,000
the daily business of the
MARZ’s piso-wifi
Bulb 2 To be put inside the 165 330
store and outside of the
store for the customers
see the store and stay in
our store even its dark
Money Tray 5 1 To put all money in 500 500
Compartment their respectively cost or
to separate money
(paper) e.g., 1,000
holders for section 1,
then 500 for section 2
and so on
Coin jar 1 To be able to change the 264 264
money all the customer
if ever they have a
whole or paper money
into coins
Garbage Can 2 To be put inside the 145 290
store and outside of the
store for the customer

33
throw their garbage
there
Water 1 To be put inside the 650 650
Dispenser store for the
worker/fixer/owner to
have drink every time
they want
Gallon Round 1 179 179
Water
Ceiling Fan 1 To be put in the ceiling 300 300
inside the store to make
the workers feel
comfortable and can
turn it on every time
they feel hot inside the
room
Total Cost: 12,513
Table 3.5. MARZ’s Piso-wifi material needed for mini store

Particulars Quantity Uses Unit Cost Total Cost


Tape measure 1 used for all kinds of field 114 114
measurements, such as
setting heights for
switches and outlets,
centering lighting
fixture boxes, and
marking surfaces for
cutouts.
Hammer 1 used to secure electrical 1,000 1,000
boxes equipped with
nail-on brackets to wall
studs and other framing
members in a home.
Torpedo level 1 used to make sure your 399 399
work is level and plumb.
Utility Knife 1 for cutting sheathing 306.35 306.35
from non-metallic
(Romex) cable, to cut
off electrical tape, and to
open cardboard boxes.
Phillips 1 removing and installing 109 109
Screwdrivers cover plates, outlets,
switches, and many
other devices.
Straight-Blade 1 insulated handles for 100 100
Screwdrivers better safety when doing
electrical work.

34
Allen Wrench 1 used to tighten hex-head 269 269
Set (Hex Set) screws, which are
sometimes found on
ceiling fans, light
fixtures, and appliances.
Tongue-and- 1 used for plumbing work, 450 450
Groove Pliers but a pair of tongue-and-
groove pliers also has
many uses for electrical
projects.
Non-Contact 1 used for a quick safety 395 395
Voltage Tester check to make sure
there's no voltage in an
electrical wire or device
before you start working
on it.
Flashlight 1 Electrical repair and 250 250
improvement work
involves a lot of dark
places, from attics and
basements to wall and
ceiling cavities, to the
insides of electrical
boxes.
Wire Strippers 1 used to cut and strip 240 240
insulation from
electrical wires.
Linesman Pliers 1 great for twisting wires 2,650 2,650
together, a center cutting
blade for trimming wire,
and a grip area between
the handles for pulling
wire.
Needle - Nose 1 used for bending and
Pliers twisting wires whenever
you are making screw-
terminal connections.
Voltmeter or 1 used to read voltage 146 146
multimeter levels and verify that
circuits are “live” or off.
Wire Grimpers 1 used to crimp lugs or 638 638
connection terminals
onto wires.
Fish tape 1 used to pull stranded or 1,085 1,085
solid wire conductors
through metal or PVC
conduit.
Total Cost: 8,151.35
Table 3.5. MARZ’s Piso-wifi Maintenance Tools

35
E. Store Uniform

Figure 3.6 Male and Female Owner/Manager Uniform

Figure 3.7 Male and Female Workers Uniform

Figure 3.7 Male and Female Carpenter and Helper Uniform

36
Figure 3.7 Male and Female Maintenance Fixer worker Uniform

F. Utilities Requirements

The utilities needed for the business is electricity, fuel, fare, water, and foods. The business
proponents will connect their electricity to the MSU-line with monthly payment cost of 3,000 up
to 3,600. The electricity would be assumed to increase 2% annually. The fuel is referring to the
gas (fuel) spend by the owner (manager) coming in and out to the store to check and look up to the
store on its given schedule. The proponents include the fare for the worker, in this way this will
not be deducted to his/her salary and always come to its work. Water here is referring to the water
dispenser will be the put inside the store for the worker to have a water every time he/she want to
drink of feel thirsty. Water dispenser will be filling every week. Food is exclusively for the worker.
The worker on its work schedule will just buy his/her food every lunch time only. Snack will be
available for the worker every 3-4 PM to eat his/her snack as well as for the fixer every time he/she
go to the store to fix something error or damage every Saturday.

Particulars Quantity Unit Cost Total Cost


(annually)
Electricity 24/kWh 100-120 per 91,250-100,000
day/3,000-3,600
per month
Fuel (owner) 1-2 liter 50-60 5,760-7,000
Fare (Worker) *** 20-30 (back and 5,140-7,710
forth)
Water 1 gallon 30 pesos/week 1,440-1,500
Foods 1-2 pack lunch 35-70 pesos 12,775-25,550
Snacks 1-2 30-50 pesos 10,950-18,250
Table 3.7. MARZ’s Piso-wifi Utilities

Particular 2022 2023 2024 2025 2026 2027


Fuel 5,760- 5,000- 7,000- 8,000- 7,800- 10,000
7,000 7,500 8,000 9,000 8,500

37
Electricity 91,250- 90,000- 80,000- 95,000- 100,000- 120,000-
100,000 95,000 85,000 100,000 110,000 150,000
Fare 5,140- 5,000 - 6,800- 7,200- 7,500- 8,000-
7,710 6,000 7,000 7,500 8,000 10,000
Water 1,440- 1,680 1,920 2,160 2,400 2,640
1,500
Foods 9,240 10,560 11,880 13,200 14,520 15,840
Snacks 10,950- 11,000- 12,000- 13,000- 14,000- 15,000-
18,250 18,400 18,600 18,800 20,000 22,000
Table 3.8. MARZ’s Piso-wifi Forecasted Utilities

G. Waste Disposal Requirement

MARZ’s piso-wifi will provide a garbage can. One for the outside beside the store while
one inside for the manager and the worker. In this way, proper throwing trash is in line in and
outside near in the piso-wifi. In addition, if the customer is eating and buy foods or eating they
will just throw their garbage in our garbage can while connecting to our wifi without going far or
worst just throw their trash everywhere near in our business.

H. Direct Labor Requirements

Employees usually are classified according to the hours worked and the expected duration
of their job. For the business be able to acquire its necessities for the best outcomes and give
assurance to their customers, they must ensure that they can help and do their duties and
responsibilities with utmost care. The basis of salary rate of MARZ’s piso-wifi is 400 pesos per
day for its workers. The remaining will be going to the owner of the business. Both of them will
be stay and look to the store every 8 AM - 6 PM for their work schedules given. For the constructor
or to the fixers will depend their salary depends on the materials or damage of the piso-wifi that
needs to be fix by them every Saturday in 6:00-8:00 AM. The table below shows the labor
requirements needed for the production as well as the number of personnel needed with its
respective salary. Costs are assumed to increase by 2% annually.

No. Salary/day Salary/month Salary


(annually)
Owner/Manager 1 3,000-5,000 120,000 1,440,000
Worker 1 300 9,000-9,500 108,000-
114,000
Fixers 1 500 2,000 24,000
Table 3.10 MARZ’s Owner and Workers Salary

38
After a year, the owner will provide benefits to its loyal workers a bonus or tips which
helps them to motivate them to do their best in work. The more they stay serving or working to
MARZ’s the more they salary will go up every after 6 months or per year. Cost is assumed by 2%

YEAR PROJECTED SALARIES


2022 1,440,000
2023 1,500,000
2024 1,600,000
2025 1,700,000
2026 1,800,000
2027 1,900,000
Table 3.11 MARZ’s Owner/Manager Projected Salaries

YEAR PROJECTED SALARIES


2022 114,000
2023 114,000-120,000
2024 121,000-130,000
2025 131,000-140,000
2026 141,000-150,000
2027 151,000-160,000
Table 3.11 MARZ’s Worker Projected Salaries

YEAR PROJECTED SALARIES


2022 24,000
2023 26,000
2024 28,000
2025 30,000
2026 32,000
2027 34,000
Table 3.11 MARZ’s Maintenance Fixer Projected Salaries

39
I. Work Schedule

SUNDAY MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY

MARZ’s
Owner/Manager

MARZ’s
worker(s)

MARZ’s wifi

Maintenance
Worker

40
Chapter IV
Management Study

In this chapter, the MARZ’s Peso-Wifi management study will showcase their business.
This will show us who are the business partners and as well as their function. Wherein, this will
serve as the guide for the business owners where and how their financial budget flows.
This will also state the overall implementation plan of the business. This will show about
the owners, partnership, personnel through organizational chart as well as the vision, mission, and
code of ethics of the said business.
The objective of MARZ’s Peso-Wifi with regards to the feasibility study is to determine
the option effectiveness of the organizations and to the decisions of the partnerships and the owner.

Objectives:
The following are the MARZ’s Peso-Wifi objectives all about:
A. To determine the form of the proposed MARZ’s Peso - Wifi
B. To analyze the organization and management aspect of the MARZ’s Peso - Wifi
C. To introduce or present the exact capitalization of the MARZ’s Peso - Wifi
D. To identify the requirement and qualifications, duties and responsibilities and salaries
and benefits of the business manpower
E. To illustrate and clearly discuss the flow of authority and the policies that will serve as
guide of MARZ’s Peso - Wifi

A. Form of ownership
This business is a partnership, wherein it is to be registered with the local government unit.
For the contract of co-partnership, an owner with the two individual partnerships bind themselves
to contribute money, property, and any expenses needed for building this business wifi with the
intention of dividing the profits among themselves.
MARZS - Peso Wifi will be registered by the local government unit of Iligan City, Business
permit and Licensing office Iligan City, Bureau of internal Revenue (BIR) and to Social Security
System (SSS).
The business will have a full blast after it has complied with all necessary documents and
technical requirements needed to operate and engage this type of business. The Pre-operating of
this business will be Php 126,227.35. The member(s) of this business is composed of one manager
as the owner and find two acquaintance or relatives’ partnerships who can help and contribute to
his/her business and two (2) workers who can substitute or look upon the store every morning
depend on their schedule, therefore, the owner will try to seek help and find partners to contribute
to start their business.

41
B. Vision, Mission, Core values
B.1. Vision
To be a well-known wifi internet business in the locality of MSU - Main Campus,
Marawi City specifically in offering friendly and affordable price. This business is ensuring
that the benefits of it will be a great help to all students with regards to their schoolwork
and might be the future change agents in the near future.
B.2. Mission
We shall.
✓ Commit ourselves in building customers loyalty in terms of giving them a friendly
and affordable price as well as ensuring that they might get a 100% customers
satisfaction.
✓ Ensuring any resources to provide a good quality of internet connections through
securing the services of the employee at any time.
✓ Commit ourselves in observing and maintaining the safety of the costumers when
they are inside in our establishment.

B.3 Core Values


M - aintaining - Good services and motivations to attain the common goal.
A - ccountabilty - Committing ourselves to the possible matters that we might encounter
in the future.
R - ensponsibility - Providing good quality of services.
Z - oning - committing ourselves by supervising and handling each other’s particular
responsibility.

C. Capitalization
Partnership Type of partner Capital Source of capital
Imam, Monaifa E. Industrialist Capitalist P45.000 Personal Savings
Abdulcader, Rafsan Industrialist Capitalist P45.000 Personal Savings
Janie

42
D. Organizational Chart

Ali, Zumaiyah
CEO

Imam, Monaifa E.
Partnership 1

Abdulcader, Rafsan
Partnership 2

Angelo Mandi Sangcopan, Aripin

Maintenance Worker WORKER 1

Rania Laguindab
WORKER 2

Figure 4.1 Organizational Chart

Our business choose the functional type of organization wherein it is one of the most
significant organizational structure which all activities in the firm has an individual functions and
responsibility to a certain functions such as the CEO which is the owner and manager in the said
business, two partnership to provide help and support for the business, the two workers who still
look upon the business if the owner is not around and the wifi maintenance worker who will try
fix if there’s something wrong with the wifi vendo machine. This structure will fit to our overall
operation in which it is commonly effective and efficiency for the business partners along with the
help of the workers and wifi maintenance worker of the organization chart with their specialized
functions. This is also direct flow of authority but may associate or collaborate the business owner
with its partners for the succession of the business wifi. In addition, all process of the specialist
must be consulted to the CEO or the owner before any decision taken. The CEO can totally focus
on his/her task to perform, monitor, and evaluate the operation of the business.
This type of structure can be useful for the long run of the business since it offers a usable
type of organization into running the business. However, the division of responsibility might
encounter a disadvantage or conflict role with regard in applying their responsibilities, but in terms
of accomplishing or maintaining the team work and cooperation of all members it would be
feasible for the organization with the collaboration of the CEO, partners and the workers.

43
E. Manpower Requirements
In running a business organization in terms of knowing their man requirements to operate
systematically and effective at all times. It will help also to determine the capacities and skills of
the personnel and worker to fit in a organizational position in order to have a clear duties and
responsibilities. In hiring and selecting the worker for the business this will establish an efficient
and to commit their selves in offering a good quality of services.

Position Job Description Job specification


Chief Executive For a business, CEO is the Manage and directs the management
Officer/Owner highest-level persons. It is also toward its primary goals and objectives.
known as a central executive It oversees employment decisions at the
officer is one of a number of executive level of the management. In
corporate executives charged addition, it leads the team of executives
with the management of an to consider major decisions including
organization. He/she will be the acquisitions, mergers, joint ventures, or
manager as well of the business large-scale expansion. He/she must
as she/he will just monitor the know his/her field of work.
business income and business
transactions.
Partnerships The role of them will just ask or It oversees all financial related matters
help if there’s something wrong where depth scope is relative to the size
bad with the business or if of the company. They create financial
there’s a problem to the business plans, Direct Financing Strategies,
when it comes to financial. Analysis, Forecasting and budget
management and collaborate to the
CEO.
Workers Must be 18 years old above and They are the one who monitor, look up,
have an experience at least to a and improve marketing campaign as
minis store. They are responsible needed. They must be friendly, easy-
in taking care the business with going and know how to communicate
their given schedules when the with other people as they will encounter
owner is not around. They a lot of people from different colleges or
oversee and set goals or entertain places.
the customers every time they
trying to avail the business and
assess them if there’s something
wrong in connecting their
phones.
Wifi He/must have graduated in IT or He/she must know how to fix any
Maintenance as long as know and professional electric matters and must know his/her
Worker in fixing electric matters. jobs especially in fixing computers or
something related to the vendo
machines.

F. Employment Process
➢ Applicants will be passing an application form to the CEO/manager.
➢ The CEO will analyze the contents of the resume if she/he meet the standards for the
position.
➢ The manger will schedule a face-to-face interview.
➢ If the applicants passed the interview, he will be given a 1-week training containing the
services that is needed for MARZS – PESO WIFI.

44
➢ After succeeding the 1 week’s training, she/he will be given an all requirements to be
complied for a specific period of time.
➢ After the compliance of the requirements the applicant will be scheduled for orientation on
her/his assigned work.

G. Legal Requirements
G.1. City of Iligan City
o Business permit
o Barangay Business Clearance
o Locational Clearance
o Picture of establishment
o Fire Clearance
G.2. BIR
o 2316 Form
o 1702 Form
o 1903 Form
o 1907 Form
G.3. DTI
o Application for Partnership
o Business Name Registration Form
G.6. FDA
o Approval for Wifi Internet establishment.
o Checklist for Wifi Internet establishment
H. Organizational Policies and Procedures
Self-motivation is the primary concern of the organization, putting themselves committed
to their responsibility is really crucial as it entails self-discipline that is needed for the attainment
of the productivity and efficiency that will lead to the improvement and succession of the
organization.
H.1. Employment
It is the company policy to select applicants based on the following factors.
o Mental Aptitude
o Social Skills
o Physical fitness
o Experience
As such only applicants who passed the qualifying interview, training, medical
examinations, and background investigations shall be considered for employment.
H.1.1. Employment Requirements
a) 2 pieces of 2x2 picture
b) 1x1 picture

45
c) NSO Authenticated Birth Certificate
d) NBI and Police Clearance
e) TIN Number
f) Drug Test
g) Medical Examination
h) Working Permit
i) Health Card
H.2. Classification of Workers
H.2.1. According to rank
a) CEO/Owner – The one who is responsible to plan and execute management
policies, as well as the one who can hire or transfer, assigned or discipline each
employee.
b) Business Partners – The one who are responsible to exercise of such as
authority, and power of CEO when they are not around.
c) MARZ’s Workers – This are all the employee that according to their
clerical positions.

H.2.2. According to Status


a) Contractual / Seasonal – A worker who is hired for specified period of
time under the agreement prior to the schedule and time of the worker.
b) A worker is hired on regular status upon the satisfaction of completion all
the requirements needed as well as meeting those criteria that are crucial for
appointments as regular status.
H.3. Orientation
All newly hired workers regardless of classification of rank and status must
undergo to the seminar workshop – orientation of the management in which in this
orientation will be serve as an introductory to those workers as it discusses
business vision, mission, goals, policies and rules regulations, duties, and
responsibilities they must know for their duty.
H.4. Personnel Records
It is the responsibility of the business wifi to update and maintain personnel records
in which it should contain the following document and records.
⚫ Resume with 2x2 colored photo
⚫ Interview impressions
⚫ Mayors permit and health certificate (to be renewed annually)
⚫ Transcripts of records
⚫ Employment Contracts
⚫ Performance Evaluation Form

46
If there are changes in employee’s personal data, such as their address and civil
status and others. It must be updated for a purpose of updating all information about the
employee to eradicate of some issues for instance questioning the service of the employee.

H.5. Contracts Employment


All workers shall do their responsibility according by their position and job
description in order for the good delivering of services. All workers shall be issued a
business identification card that they must worn during working hours.

H.6. Work Schedule


The business itself must give a restrictions and policy without violating the
mandated rest days. The worker must follow the office hours and 1 hour break for lunch
time.

H.7. Tune Keeping


MARZ’s – Peso Wifi points of sales system is the indicator all workers required to
follow the accurately time of arrival and departure. In that sense they must log in and log
out for the given attendance sheet for all workers.

H.8. Attendance Punctuality


Attendance and punctuality are important qualities characteristics of every worker
as it serves as their self-motivation and determination in doing their works will efficiency
and reliability.
H.8.1. Attendance
Every worker shall ask permission from the store manager or department head
before taking leave of absence.
a) An reschedule Absences
Workers must file an application of leave for at least 1 week ahead to a management.
b) if the workers are experiencing a health issues, or incurred sickness and cannot
report for a week he must call his supervisor at least 2 hours before his / her duty.
c) Emergency Leave
If the workers must go on emergency leave, he must file an absence slip
immediately with the attach documents that justifying his reason for going on emergency
leave.
An worker who is absent without following those aforementioned above will
be subjected to penalties and dismissal if he/she failed to follow those mentioned above.

47
H.8.2. Punctuality
It is the policy of the wifi business to discourage some behaviors of workers that
might affect the operation of business, In which one of those behavior is tardiness. Most of
the reasons why this behavior exist is that failure to go back with the workplace
immediately right after the break. In it excess of a worker is subject interdisciplinary.

H.9. Personnel Movement and Performance Evaluation


It is management prerogative to assign, transfer, reclassify and promote its workers
based on their merit and performance. Thus, the workers are continuously evaluated as to
their performance, work, productivity, and diligence.
Performance Evaluation shall be done on his 6-7 a month. For regular worker
shall be done once a year, every January.

H.10. Separation from Service


In case a worker intends to resign he /she must give one-month prior notice to
management and must comply with all the clearance requirements; otherwise the
workers shall forfeit whatever compensation due to him.

H.10.2. Termination
In all cases involving termination of a worker’s service from the business appropriate
notice of termination shall be furnished to the workers subject to the clearance of
accountabilities. As a matter of policy terminated workers are not qualified for retirement.

H.11. Compensation and Benefits


H.11.1. Salaries and Wages
All workers shall receive their respective salaries of wages as provided in their
contracts of employment every 15 th and last day of month. Cut-off for payroll
computation is every 10 th and 25th of the month.

H.11.2. Overtime Pay


Workers may be required to work their shift or even their rest days due
to work requirements. Every report should be made to avoid unnecessary
overtime work and keep work within reasonable limits. All overtime work should
have a prior with approval from the store manager. Every employee should file
their overtime slips within the pay period to be compensated. No overtime slips.
No overtime pays.

48
H.11.3. Cancelled day off / Holiday Pay
Every worker shall be provided with a rest period of twenty-four (24)
hours after every six consecutives normal working days.

The following shall be considered regular holidays:


❖ New Year’s Day – January 1
❖ Maundy – movable date
❖ Good Friday – movable date
❖ Araw ng Kagitingan – April 9
❖ Labor Day – May 1
❖ Independence Day – June 12
❖ National Heroes Day – last day of August
❖ Ramadhan – movable date
❖ Bonifacio Day - November 30
❖ Christmas Day - December 25
❖ Jose Rizal Day - December 30

H.11.4. 13TH Month of pay


The 13th month pay of the workers which shall be equivalent to 5% of
his/her basic salary earned within a calendar year shall be given not later than
December 24 of each year.

H.11.5. Paternity and Maternity leave


Paternity and maternity leave benefits are provided by law shall be given
to every workers entitled thereto, upon complying with all the requirements of
the store and upon proper verification by the wifi business duty authorized
representatives.

H.11.6. Partnership Benefits


Benefits under law shall be given in accordance with applicable laws,
implementations of procedures relative to entitlement of said benefits should be
done in accordance with the regulations to be promulgated by the management.

H.11.7. Hospitalization Plan


Loyal workers shall be provided with hospitalization plan with a
respectable health maintenance organization under terms and conditions to be
solely decided by wifi business.

49
H.11.8. Accident Insurance
Loyal workers are enrolled by wifi store under a reputable insurance
organization. Any accident incurred whether work related or not shall be
compensated by the insurance firm. This plan shall be on workers participating
basis.

H.11.9. Retirement Benefits


Retirement Benefits as provided by law shall be given to all qualified employee
upon their retirement from the company

H.11.10. Bereavement Assistance


If an immediate family member of a loyal worker passed away, he shall be
given a financial assistance of P6, 000.00 upon complying all requirements of the
company and verification by its authorized representative.

H.11.11. Other Incentives and Awards


Awards and certificate of recognition such as workers of the year, best
in attendance, most punctual workers of the year and like shall be given a
bonuses and additional salary for exerting his effort.

I. Code of Ethics
I.1. Hygiene and Sanitation
All workers must observe the highest standard of hygiene and sanitation.
Workers must be well groomed and continue their work, wearing clean and proper attire.
For these purposes the term well-groomed shall mean a proper haircut and fingernails.
Precisely they must clean their hands and use any sanitation to eradicate some odors
caused by precipitation.
I.2. Arrival and Departure of Employee
All workers regardless of the status and rank must submit all personal belongings for
inspection upon entering the company premises. Inspection will include all tickler which shall be
all contents of his bag, down to the smallest detail.
All personal belongings are restricted within the given locker area while the workers is on
duty to avoid some destruction. In which it is found on questionnaire items that in his possession
this shall be reported to the manager on duty for proper action.

I.3. Procedure for Notice and Bulletin Boards


Management shall post all notices, announcement, and memorandum of general
application on the bulletin board, Ignorance is not an excuse and its incumbent on each employee
to regularly check the bulletin boards for new notices, announcement, or memorandum. No worker

50
is allowed to post or remove any document on the bulletin board without the prior permission form
the management.

I.4. Notice of Disciplinary Action


In accordance with the due process requirements of the labor code as amended all workers
found or reported to have committed a violation of the business rules and regulations shall be given
a written notice to explain, shall give the opportunity to explain why no disciplinary action should
be imposed against him, thereafter, any disciplinary action to be imposed by the management shall
again be indicated in writing and duly furnished to the affected workers.

I.5. Code of Conduct


Without any limiting prerogative of the business store to amend, modify, revoke, or add to
the ff. list of offenses the following acts and mere attempts to commit such acts even if
unsuccessful, shall warrant the corresponding disciplinary actions.

I.5.1. Kinds of Penalties


Workers are subject to penalties according to their violations made during their
employment.
➢ Written report of warning (WR)
It is a notice calling the attention to the offense and warning the offenses against
repetition of such violation in the future.

➢ Suspension (3D/5D,10D)
If a worker has committed offense for the second or third time, he is subject to
suspension. He will be detached from the organization with the designated period of time
without payment.

➢ Termination
Termination will be given to workers who have committed a major offense in
violating the rules and regulations of the management. The worker will be dishonorably
separated from the organization.

Offenses WR 3D 5D 10D TR
o Tardiness 1st 2nd 3rd 4th 5th
o Absence without leave. 1st 2nd 3rd 4th 5th
o Loitering or unauthorized leaving 1st 2nd 3rd 4th 5th
of post.
o Extending break period. 1st 2nd 3rd 4th 5th
o Unauthorized use of company time 1st 2nd 3rd 4th 5th
for personal pursuit.
o Insubordinate or disobedience to 1st 2nd 1st 2nd 3rd
superior.

51
o Negligence or carelessness. 1st 2nd 3rd 4th 5th
o Unauthorized use or misuse of store 1st 2nd 3rd 4th 5th
property.
o Willful destruction of company 1st 2nd 2nd 1st 2nd
properties.
o Discourtesy towards consumers, 1st 2nd 3rd 3rd 4th
suppliers, superiors and co-
workers.
o Using propane language or obscene 1st 2nd
language to superiors.
Offenses WR 3D 5D 10D TR
Table 15:
Offenses for the Workers

H. Project Schedule Gannt Chart


Month August September October November December
Activities

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
Processing of
legal
Requirements
/lease
contract
Preparing all
the
operations
materials
Building the
mini store
Purchasing
and
installation of
Requirements
Hiring and
training of
Workers
Orientation
& training
Business
Operation
Proper
Figure 4.3
GANNT Chart

52
Chapter V
FINANCIAL STUDY

The financial aspect of the project feasibility study quantifies the results of the study,
marketing, technical, management, taxation. and legal phase of the project study and expresses in
peso terms the possible outcome of operating the project.
The major parts of the financial study are:
⚫ Statements of assumption
⚫ Possible source of outside financing If the capital requirements cannot be met entirely by
the proponents.
⚫ Projected financial statements
⚫ Details of various amounts contained in the projected financial statements and
⚫ Analysis of the financial projections.

Basically, Project studies consist of the skillful coordination of the various information on
all of the factors in the form of financial projections. It covers all the factors that are pertinent to
an intended venture having established the existence of a sample market and feasibility of the
production facilities to supply this market, the investigations should move on the study of finance
cost.

I. Objectives
a. To make a realistic, complete, and conservative estimate of the total cost to put up a
project of its capital requirements,
b. To determine the amount of capital financing available and borrowings needed
including possible source and terms.
c. To make complete and realistic projections of operating cost and revenues.
d. To determine whether the project will be able to pay its total debt with a reasonable
margin of safety.
e. To determine the necessary financial arrangements to ensure that the projects will
have the cash it needs when required.
f. To determine the company earnings performance and the soundness and liquidity of
its financial position.

Major Assumptions:
o Sales increase by 7% every year.
o Depreciation method used is a straight-line method.
o VAT paid is for 11 months (January- February) and VAT for December on the 25th of
January of the subsequent year as stated in the NRIC.
o Withholding tax on salaries is payable on April 15 of the subsequent year.

53
o Income tax for the current year is payable on April 15 of the subsequent year.
o Salaries increase by 5% every year.
o Utilities expend is paid as it comes due.
o Administrative and selling expense increase by 7% every year.

MARZ’s - PESO WIFI


Statement of a comprehensive Income
Comparative Analysis
2018 2019 2020 2021 2022
Net Sales 720, 000 1,440,000- 432,000- 540,000 1,440,000-
1,620,000 468,000 1,800,000
Cost of Wifi 10,800 11,400 12,000 13,200 14,400
Loads
Gross profit on 1,440,000 1,500,000 1,600,000 1,700,000 1,800,000
sales
Operating 70,000 41,600 76,600 65,100 79,740
Expenses
Permits and 5, 000. 00 6, 000.00 7,000.00 8, 000.00 9,000.00
license
Utilities 52,000 30,200 64,600 51,900 65,340
Expenses
Real expenses 203, 827.35 56, 600 82, 600 80, 100 94, 740
Business and 15, 100 11,400 12,000 13,200 14,400
Selling
expenses
13th month of 1, 500.00 1, 700.00 1, 900.00 2, 000.00 2, 200.00
Pay
Salaries and 138, 000.00 156, 000.0 168, 000.000 180,000.00 192,000.00
wage expenses
Supplies 10,800 11,400 12,000 13,200 14,400
expense
Depreciation 70,000 60,000.00 55, 000.00 50,000.00 40,000.00
Expense
Total 126,227.35 100, 000.00 108,000.00 90,000.00 110,000.00
Operating
Expenses
Net income 720,000 1,440,000- 432,000- 540,000 1,440,000-
before tax 1,620,000 468,000 1,800,000
Income tax 121,082 399,843 57,958 76,082 458,343
expense
Net income 598, 918 1,220,157 410,042 463,918 1,341,343

Statement of Cash flow


Comparative Analysis
2018 2019 2020 2021 2022
Cash flow for 126,227.35 100, 000 108,000.00 90,000.00 110,000.00
Operating
systems
Cash sales 5, 000.00 5,000.00 5,000.00 5,000.00 5,000.00

54
Receipt of 71,870.16 146,418.84 49,205.04 55,670.16 160,961.16
output /VAT
from sales
Cash outlay for 670,788.16 1,366,575. 459,247.04 519,588.16 1,502,304.1
input VAT 84 6
Purchase of 5 ,000 10,000 12, 000 15,000 20,000
inventories
Payment of 87,695 35, 000 22, 000 15, 000 28, 000
supplies
Payment of 2, 000 2,500 3,000 3,500 4,000
permits license
Payment of 52,000 30,200 64,600 51,900 65,340
utilities
Payment of 6, 000 6, 000 6, 000. 6, 000 6, 000
rent
Payment of 132, 227.35 106, 000 114, 000 96,000 106,000
store and
selling
Payment Of 133,000.00 107,000.00 115,900.00 98,000.00 108,200.00
13th month
pay
Payment of 271, 227.35 263,000.00 283,000.00 376,000.00 300,200.00
salaries and
withholding
tax
Payment of 121, 082 121, 082 121, 082 121, 082 121, 082
income tax
Payment of 392,309.35 384,082 404,082 497,082 421,282
withholding
tax
Payment of 398,309.35 391,082 411,082 503,082 427,282
VAT
Net cash 403,309.35 396,082 416,082 508,082 432,282
provided by
operating
Activities
Cash flow for 408,309.35 406,082 428,082 523,082 452,282
investing
Activities
Purchase for 21,282 10,790 6,990 9,100 12,765
machinery and
equipment
Purchase of 8,151.35 3,800 4,890 2,690 1,900
furniture’s and
fixtures
Purchase of 1,500 1,100 899 650 995
utensils
Net cash flow 5,000 10,000 12,000 15,000 20,000
used for
investing
activities
Cash flow for 413,309.35 4,082 428,082 523,082 452,282
financing
activities
Investment of 712.890 712.500 723.467 777.400 777.690
partners

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Net cash flow 500.456 ______ _______ _________ _________
used financing
activities
Net cash flow 315.00 315.000 321.456 231.789 245.900
Beginning _______ 131.000 ________ ________ ________
balance of cash
Ending 200.000 200.000 216.000 258.00 200.000
balance of cash

MARZ’s - PESO WIFI


Statement of financial Position
Comparative Analysis
2018 2019 2020 2021 2022
Assets 45,000 20,000 17,000 15,000 10,000
Current Assets 30,000 35,000 25,000 20,000 50,000
Cash 45,000 15,000 8,000 5,000 30,000
Inventories _____ _____ _____ _____ _____

Total Current 135,000 60,000 51,000 45,000 30,000


Assets
Non-current 90, 000 40,000 34,000 30,000 20,000
Assets
Machineries, 95,000 30,000 21,000 42,000 18,000
Equipment net
Utensils net 8, 200 5,000 6,500 5,800 4,600
Total Non- 14,000 10,000 15,000 13,000 17,000
current Assets
Total Assets 90,000 35,000 25,000 20,000 40,000
Liabilities and 45,000 20, 000 17,000 15,000 10,000
partner equity
Liabilities 33.3% 33.3% 33.3% 33.3% 33.3%
VAT payable 75.00 65.00 55.00 45.00 80.00
Withholding tax 142, 058 419,898 68,856 92,452 474,089
payable
Income tax 121,082 399,843 57,958 76,082 458,343
payable
Total liabilities 33.3% 33.3% 33.3% 33.3% 33.3%
Partners Equity 45,000 20,000 17,000 15,000 10,000
Imam Capital 45, 000.00 20, 000. 00 17,000.00 15, 000.00 10,000.00
Ali Capital 45, 000.00 20, 000. 00 17,000.00 15, 000.00 10,000.00
Abdulcader 45, 000.00 20, 000. 00 17,000.00 15, 000.00 10,000.00
Capital
Total Partners 135, 000.00 60, 000.00 51,000.00 45,000.00 30,000.00
equity
Total liabilities 45,000 20, 000. 00 17,000.00 15,000.00 10,000.00
and partner
equity

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MARZ’s -PESO WIFI
Statement of changes in partners Equity
2018 2019 2020 2021 2022
Beginning 50,000 20,000 30,000 35,000 40,000
Balance
Investment 5,000 10,000 12,000 15,000 20,000
Net income From 598, 918 1,498,918 346, 918 418,918 1,678,918
Operation
Total 653,918 1,528,918 388,918 468,918 1,738,918
Withdrawal of _______ _________ _______ _______ ________
partners
Balance and 10,000 10,000 10,000 10,000 10,000
Ending

II. Economic Value


Payback Period
Partner(s) investment to the investor P 5,000.00
Annual net cash flow from operation P 203, 827.35

The total average cash flow for 5 years


Year Net cash flow Counted year (s)
2018 1,440,000 1
2019 1,500,000 2
2020 1,600,000 3
2021 1,700,000 4
2022 1,800,000 5
Payback period -------- 5.5 (5 years and 5 months)

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CHAPTER VI
SOCIO-ECONOMIC CONTRIBUTION

A. Contribution to the Philippine Economy


1. TAXES
MARZ’s-PESO WIFI
The taxes paid by business which corresponds to its performance can be an addition to the
government revenue. It can be to the development of local community.
YEAR TAX PAYMENT
1 121,082
2 399,843
3 57,958
4 76,082
5 458,343
Table 5.14 Income Taxes

2. SUPPLY OF THE PRODUCT OR COMMODITY


MARZ’s-PESO WIFI
MARZ’s- PESO WIFI supports the individuals’ students directly, but it also indirectly
preserves the jobs of those who work in this business. The operations prevent shutting down the
internet connection as it may cause a dissatisfaction to the clientele. Besides by providing a stable
internet connection it can enhanced the business as it operates smoothly. The establishment might
greatly benefit to the students as well as those workers in this business. It has the potential to help
the Philippines earn money and strengthen its currency.
YEAR 2018 2019 2020 2021 2022
PRODUCTION 720,000 1,440,000- 432,000- 540,000 1,440,000-
VOLUME 1,620,000 468,000 1,800,000
NET 598, 918 1,220,157 410,042 463,918 1,341,343
PRODUCTION
VOLUME
Table 5.15 Supply of MARZ’s-Peso Wifi Commodities

3. DEMAND FOR LOCAL MATERIALS


This specifies how the MARZ's - Peso Wifi help the community by availing an affordable
price as well as it provides a strong internet connection to the costumers. Show in a tabular from
1–5-year volume of local products that the company will buy from the from these local producers
or business. MARZ’s -PESO WIFI is one of the important internet connections in the locality. It
is used not only for research, but it can also use in working online or by means of communicating
via online using some different social medias. Hence it is one of the most usable in this new modern.
YEAR DIECT MATERIALS
2018 100,208
2019 55,000

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2020 30,000
2021 42,000
2022 85,543
Table 5.16 Demand for Local Materials

A2. Employment Generation


YEAR ADMINISTRATIVE DIRECT LABOR TOTAL
SALARIES
2018 1,300,000 134,000-140,000 1,440,000
2019 1,350,000 140,000-150,000 1,500,000
2020 1,440,000 150,000-160,000 1,600,000
2021 1,530,000 160,000-170,000 1,700,000
2022 1,600,000 170,000-200,000 1,800,000
Table 5.17 Employment and income

A3. Environment Conservation


Knowing that the business is an environmentally friendly, as a matter of fact this
business never use any matters that might trigger effect on the environment. Besides one
of the goals of this businesses is to provide a friendly environment to the clientele.

Feasibility Findings
Given that the internet connection plays an important role to the advancement and
improvement of Philippines in terms in providing a easiest access to any platforms of the national
government. Our business has a great market acceptability as people are willing to avail in our
business. Also, based on the financial analysis, our profitability ratio tables such as net profit ratio,
Operating Profitability Ratio on Equity, Asset Turnover and the Return show that the future
financial status of our business company is a long run business as it reaches the minimum
requirements for the long run business succession. Our Business is not only be use in doing
research, but it rather helps those clients in terms of their works by means of using different social
medias as it provides a stable internet connection. As a matter of fact, it helps the community to
produce a change agent in the future who used social media as their preference as they create case
study nor proposing project as a response to a certain issues or problems. Our year end revenue
increases 7% annually and our current assets increase about 35% - 45% annually which is a very
big succession of a business.
Also based on the chapter 5, our business will be needing a capital with the amount of
P145,000.00 which 33.3% of it will be based on the initial investments of the partnerships and 45%
of this initial capital will be loan in landbank with a 5-year term having 10% interest rate payable
annually. This loan will be paid after 3-10 months. It only means that in remaining 5 years, all net
cash flow will be considered as net income of our business.

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REFERENCES
https://www.tp-link.com/ph/blog/1123/a-guide-to-understanding-piso-wifi-5-things-you-need-to-
learn-about-piso-wifi/
https://www.studocu.com/ph/document/university-of-mindanao/bachelor-of-science-in-
accountancy/phil-hope-net-a-feasibility-study-on-establishing-a-piso-wifi/51642443
https://www.studypool.com/documents/6040543/feasibility-study-of-wi-fi-vending-machines
https://www.coursehero.com/file/86998158/FEASIB-ONLINE-PISO-WIFI-2-1docx/
https://ojs.aaresearchindex.com/index.php/aasgbcpjmra/article/view/1355
https://www.docsity.com/en/a-feasibility-study-on-paradis-pisonet-at-purok-7-a-and/7490879/
https://studylib.net/doc/25773350/netbox-a-feasibility-study
https://pdfcoffee.com/eteeap-marla-pisonet-pdf-free.html

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