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Magramo Lusong Carpentry

Alben M. Magramo proposes starting a furniture making business in Lusong, San Agustin, Romblon. He has skills in installation but needs to learn reading blueprints. The business will produce 4 windows, 1 hamba piece, and earn PHP7,500 daily. Monthly production is 12 windows, 3 doors, 3 hamba pieces for PHP58,500 in sales. Expenses include PHP24,300 in startup costs and PHP20,500 in monthly operating costs. The expected monthly net income is PHP13,700.

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Ronnie Manao
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40 views3 pages

Magramo Lusong Carpentry

Alben M. Magramo proposes starting a furniture making business in Lusong, San Agustin, Romblon. He has skills in installation but needs to learn reading blueprints. The business will produce 4 windows, 1 hamba piece, and earn PHP7,500 daily. Monthly production is 12 windows, 3 doors, 3 hamba pieces for PHP58,500 in sales. Expenses include PHP24,300 in startup costs and PHP20,500 in monthly operating costs. The expected monthly net income is PHP13,700.

Uploaded by

Ronnie Manao
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Annex N-1

Project Proposal
(Individual)

I. Background

Individual Name : Alben M. Magramo

My Proposed Business is : Furniture Making

Purpose: _____Formation _____Enhancement _____Restoration

It will satisfy the following need: It will provide daily income for our family, provide an
affordable and quality furniture within our Municipality.

My business location is: Lusong, San Agustin, Romblon

I have these skills: installation of windows, doors and siding

I have to learn these skills: To learn read the drawings and blueprints

I have these assets (space, good location, equipment, resources): Working area, raw
materials other equipment.

II. Market

I will sell to (costumers): Residents within our Municipalities, Nearby Municipalities and
other Municipalities with in our province.

Competitors: My neighbors and other carpenters in another barangay.

(who, where): Lusong San Agustin Romblon

I will promote my products/service like this: I will promote my service like posting on social
media and putting up a signage at my shop.

III. Business Operation


Production Plan for one year (quantities):

Each day 4 pcs Window / 1,500.00 = 6,000.00


0 pcs door / 12,000 each = 0
1 pcs hamba / 1,500.00 = 1,500.00
Total = Php. 7,500.00

Each week 8 pcs Window / 1,500.00 = 12,000.00


1 pcs door / 12,000 each = 12,000.00
2 pcs hamba / 1,500.00 = 3,000.00
Total = Php. 27,000.00
Each month 12 pcs Window / 1,500.00 = 18,000.00
3 pcs door / 12,000 each = 36,000.00
3 pcs hamba / 1,500.00 = 4,500.00
Total = Php. 58,500.00

Total amount to be produced (service: service hours/days delivered) in one year


(Attention: take into account seasonal ups and downs):
Peak income occurs when there is new house construction within the area, every opening of
classes most teachers request for window or doors for their classroom.
Source of raw materials equipment, tools, materials required:
Sources of equipment and tools needed can be purchased in the town of San Agustin and
nearby towns.

IV. Financial Plan

a) Business Expenses:

Start-up expenses (for one month)

Counterpart

Items (raw materials, Quantity Unit Cost Total Cost


equipment, tools)

Space 3x3 sq meter 600.00/sq meter 5,400.00


2 inches x 2 inches x 8 feet (2 x 10 pcs 130.00 2,600.00
2 x 8 Kiln Dried)
2 inches x 3 inches x 10 feet (2 10 pcs 110.00 1,100.00
x 3 x 10 Mahogany wood)
2 inches x 3 inches x 12 feet (2 10 pcs 150.00 1,500.00
x 3 x 12 Mahogany wood)
2 inches x 4 inches x 8 feet (2 x 10 pcs 250.00 2,500.00
4 x 8 Kiln Dried)
Total Php 13,100.00

DOLE Counterpart

Items (raw materials, Quantity Unit Cost Total Cost


equipment, tools)
Power Planner 3-1/4”(82mm) 1 unit 6,000.00 6,000.00
580W
C shape clamp 3 pcs/set 2 sets 300.00 600.00
hardened metal heavy duty
25mm, 50mm, 75mm for metal,
woods & plastic.
Cordless Drill 2x Battery Electric 1 set 2500.00 2,500.00
Drill Impact Drill Power Tools Set
Screw Wireless 26V
(21x19x10cm)
Finishing Sander 160w 1 pc. 2,500.00 2,500.00
Measuring Tape 8m/26’ 1 pc. 600.00 600.00
Hammer with wood handle 27 1 pc. 500.00 500.00
mm
Hand saw 16 “ 1 pc. 500.00 500.00
L-Square Ruler Level Bar Alloy 1 pc. 500.00 500.00
16“ Heavy Duty Skwala
Bar clamp 2 pc. 2,800.00 5,600.00
250 kg Holding Pressure
50” 120mm
Palm Router 1 pc. 5,000.00 5,000.00
Power: 530W
Capacity: Collet- 6mm or 1/4"
Base dimension: 80mm x 90mm
No load speed: 35,000 rpm
Weight: 1.6 kg (3.5 lbs)
Total 24,300.00
Note: Basic PPEs shall be provided either by DOLE or the co-partner.

Operating expenses (for one moth):

Items (water, electricity, Quantity Unit Cost Total Cost


licenses/permits, rent,
salaries)
Helper 2 8,000.00 16,000.00
Electricity 1 2,000.00 2,000.00
Permit 1 2,000.00 2,000.00
water 1 500.00 500.00
Total 20,500.00
Total Expenses = Total Start-up expenses + Total Operating expenses
44,800.00 = 24,300.00 + 20,500.00

b) Sales per Month:

Product/Service Quantity Unit Price Total Cost


(pieces, kilos or
hour)
Window 12 pcs. 1,500.00 18,000.00
Door 3 pcs. 12,000.00 36,000.00
Hamba 3 pcs 1,500.00 4,500.00

Total Php 58,500.00

c) Income:
Income per Month = Total Sales – Total Expenses

13,700.00 = 58,500.00 – 44,800.00


Prepared by:

ALBEN M. MAGRAMO
Applicant

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