Feasibility Study
Feasibility Study
“ PLASTICYLE”
A Feasibility Study
Presented to the Faculty of the
College of International Hospitality Management
University of Perpetual Help System-Isabela Campus
Minante Uno, Cauayan City, Isabela
AILAH C. AGTARAP
MICHAELLA M. DELA CRUZ
NORGELYN C. DELOS SANTOS
DEVINE GRACE J. BATARA
HIECEL A. UMIPIG
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APPROVAL SHEET
PANEL OF MEMBER
Accepted and approved in partial Fulfillment of the requirements for the degree of
Bachelor of Science in Tourism Management
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ACKNOWLEDGEMENT
gratitude goes to the parents whose boundless love and multifaceted support paved
the way for this study. Their emotional, financial, and spiritual backing, along with
shared their time knowledge, shaping their intellectual growth. Special mention
to Dean Jessel Joy R. Sangdaan for entrusting them with this study, vote of confidence
And above all, acknowledge the divine guidance of the Almighty God,steering
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DEDICATION
unwavering pillars of strength – their loving and supportive parents, loyal friends, and
esteemed mentors. This dedication is also extended to the esteemed figures, Ms. Jessel
Management to Mr. Alvin R. Santiago, LPT whose invaluable guidance has been
instrumental in shaping this research endeavor. Additionally, the collective effort of all
those who contributed to this feasibility study is recognized with gratitude, highlighting
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TABLE OF CONTENTS
Title Page i
Approval Sheet ii
Acknowledgement iii
Dedication iv
Table of Contents v
Philhealth Contributions 23
Business Policy 25
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CHAPTER 3: TECHNICALASPECT
Description of the Product 26
Logo of the Business 28
Description of the Logo 28
Location of the Business 29
Floor Plan 30
List of Materials 31
Process of Making the Products 34
Costing 41
CHAPTER 6: LEGALASPECTS
Barangay Clearance/ Barangay Permit 53
Business Permit and Licence 53
Business Name Registration 54
Bureau of International Revenue 54
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CHAPTER 1
EXECUTIVE SUMMARY
INTRODUCTION
them from being perceived as waste to valuable resources. Through recycling, plastics
are collected, sorted, cleaned, and processed into new products or materials, thus
extending their lifespan and reducing the demand for virgin plastics. This cycle
embodies the principles of the circular economy, where resources are used efficiently and
waste is minimized.
globe are coming together to develop and implement strategies for plastic recycling.
Advanced technologies play a crucial role, enabling the efficient recycling of various
Moreover, the Plastic Cycle brings about numerous environmental, social, and
economic benefits.
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PlastiCyle is derived from the word “Plastic and Recycle” . which was mean
recycled plastics. In today's world, the issue of plastic waste has become a pressing
concern, with its detrimental effects on the environment becoming increasingly evident.
However, amidst the challenges posed by plastic pollution, there lies a promising
solution: the Plastic Cycle or Recycled Plastics. This innovative approach not only
addresses the problem of plastic waste but also presents a pathway towards a more
sustainable future.
resources and reduces greenhouse gas emissions associated with plastic production.
embrace the Plastic Cycle, we embark on a journey towards a more sustainable and
circular economy. By recognizing the value in plastic waste and harnessing the power
of recycling, we can create a world where plastics are no longer a burden but a valuable
asset in our efforts to build a cleaner, greener, and more resilient planet. Together, let
us embrace the Plastic Cycle and pave the way towards a brighter future for
generations to come.
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PlastiCyle is derived from the word “Plastic and Recycle”. which was mean
recycled plastics. In today's world, the issue of plastic waste has become a pressing
concern, with its detrimental effects on the environment becoming increasingly evident.
And with that we came up by deciding to make a sustainable plastic cycle wherein
we can be able to make the plastic be reusable again. The term "plasticycle" refers to
the process of recycling plastics, typically in a closed-loop system, where the plastics are
This type of business organization is partnership, because they want to run the
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The business will be located at Rizal Avenue, Cauayan City. The place was
chosen because of the high demand of good qualities of souvenirs and pasalubongs
that serves less expensive, budget friendly and eco-friendly souvenirs. The place was
ease of capital infusion. The partnership structure allows for diverse skills among
flexible financial resourcing. The Plastic souvenir venture benefits from the
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plastic souvenir business, addressing key challenges and opportunities within the
1. Management Aspects
1.1 How should the organizational structure be designed to ensure efficient management
of pl a s t i c so u v e n i r pr o d u c t i o n?
1.2 What leadership and communication skills are essential for the management
2.1 What quality control measures can be implemented to ensure the production
2.2 Which machinery and technology are optimal for en han c in g th e efficiency
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2.2 What steps should be taken to streamline the production process and minimize waste
3. Marketing Aspects
3.1 How can the plastic souvenir business identify and effectively target niche markets for
its
products?
3.2 What digital and traditional marketing strategies should be employed to expand
the
4. Financial Aspects
4.1 What is the breakdown of initial capital requirements for establishing and operating
the
4.2 Through thorough financial analysis, can the business project sustained profitability
an d f in an c i a l st ab i l i ty ov e r th e lo ng te rm ?
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1. Management Aspects
1.2 Establish clear qualification criteria for hiring employees, ensuring a skilled and
efficient
facility,
2.2 Identify and acquire the necessary tools and equipment essential for the
efficient
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2.3 Develop and document a well-defined process flow for the production of
3. Marketing Aspects
3.1 Identify and target specific markets for plastic souvenirs, focusing on the preferences
and
channels such asocial media local event and promotional materials to increase awareness
and sales.
4. Financial Aspects
4.1 Determine the precise initial capital required for starting and sustaining the
4.2 Conduct a thorough financial analysis to evaluate the viability and profitability of
the
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the risk of business failure by providing valuable insights into potential hurdles and
While feasibility studies don't guarantee immediate success, they serve as a vital
tool to assess the viability and feasibility of a plastic souvenir business. This study aims
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This study aims to contribute insights into the production and market dynamics of
materials,
2. Market Exploration:
- Targeting markets for plastic souvenirs, emphasizing the preferences and needs of the
local community.
3. Management Considerations:
enirproduction.
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souvenir business.
4. Financial Analysis:
- Determination of the initial capital needed for establishing and sustaining the
souvenir business.
The study is delimited to the exploration of these key areas, with a focus on
industry. It does not encompass broader aspects like legal considerations or social
Definition of Terms
terms is provided:
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Methodology
This section outlines the approach for collecting essential data and information
for the entire study, focusing on the methods and techniques employed. It details the
respondents, research focus, study location, and references used, with a specific
1. Research Design:
production,
2. Respondents:
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production
comprehensive overview.
4. Study Location:
- Focus the study on regions with a significant market for plastic souvenir bags,
5. Interview Method:
potential customers.
6. References:
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7. Data Analysis:
- Employ thematic analysis to identify key patterns and insights from interview transcripts.
Kenya, Ethiopia, Ghana, and Lesotho have implemented policies prohibiting plastic
bags, but insufficient waste disposal practices threaten flora and fauna, and
conservation.
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The COVID- 19 pandemic has further exacerbated the issue, with increased
materials to be turned into new products. Recently in Malaysia, the government will
Implementation of the separation of waste at home would involve state that adopting
Act 672.
Indonesians struggle to keep their garbage move into proper segregation in the
limited land field, that's why they studied and develop the "automated recycle bin or
reverse vending machine (RVM)", Just like the idea of the researchers to implement
a recyclable Vending Maskchine in the Campus of OLFU to properly manage the waste
efficiently, Relating this to the study The Recyclable Vending maskchine has the
intend to not only Help the campus have a Green environment but also to protect the
students on viruses and small particles that are bad on their bodies by giving them a
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Surgical mask in exchange of Waste that the students created by eating, buying, and any
recyclable trashes that can harm the environment or the surrounding of the campus.
They stated that managing plastic waste is an important point of concern these
days. The aim of this is to present the concept of reverse vending machine which is
proposed to serve as a solution to the problem of pollution caused due to plastic items
especially plastic bottles, which are commonly used for storing cold drink, fruit
juices etc. The concept of reverse vending machine is an approach towards green
engineering technology.
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CHAPTER 2
MANAGEMENT ASPECT
The individuals who made up the business can be used to examine management
in one way or another. It is believed that they are the ones in charge of the
Achieving the vision and mission is essential for any kind of organization or
company venture, no matter how big or little. The management needs to be set up
that it allows partners to provide initial cash for the business. Accordingly, the more
partners there are in the business, the more capital they can contribute, resulting in
simpler to establish, maintain, and operate. They are significantly more flexible
in terms of management as long as the partners can agree, and they are less closely
controlled than companies in terms of the rules governing their formation and
operations. This is because the partners are the only ones who can decide how the
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This is a joint duty in managing the company. They will be able to maximize
their potential as a result. They could divide the labor based on skill sets instead of
dividing the management and taking equal portions of every business duty. Here,
employees needed for the business, their work requirements, compensation and
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MANAGEMENT THEORY
Human Relations Theory, it state that employees are more motivated by social
factors like personal attention or being part of a group than environmental factors,
MISSION
sustainability and innovation. By challenging conventional practices, Plasticycle pioneers a new era
of recycling, driving the transition towards a circular economy. Their vision demands critical
VISION
through cutting-edge recycling methods. Leading the way towards a circular economy, Plasticycle
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OBJECTIVES:
Inspire customer
MANAGEMENT STYLE
The management style of the said feasibility is the “visionary” where the
managers inspire others. This management style is all about clearly communicating a
strong common purpose and inspiring teams to work hard to achieve it. The manager
avoids micromanaging. Manager set out the team’s mission and empower staff to
complete tasks in a way that works for them.Visionary management style is making
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ORGANIZATIONAL CHART
MANPOWER REQIUREMENTS
Management Staff:
Owners
Manager
Marketing Officer
HR Officer
Technical Stuff:
• Product organizers
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• Sales Staff
• Product Creators
• Delivery
Wages and salaries in cash consist of such amounts payable at regular intervals,
such as every 15th and 30th every month or other intervals, including payments
by results and piecework payments; plus allowances, such as those for working
overtime, plus amounts paid to employees away from work for short periods like
holiday's, or sick leave, etc. plus 13th month bonuses and similar payments plus
that are considered social hazards, such as illness, disability, pregnancy, old age, and death,
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as well as any unspecified events that could result in significant income or financial
hardship.
• Maternity Leave
two (3) weeks prior to the anticipated day of delivery and an additional four (4) weeks
following a normal delivery or abortion, per the labor code of the Philippines, as stated in
article 13 3 - A. That amounts to a total of seven (7) weeks off for pregnancy.
Employers are required to provide pregnant women who have given up a minimum
of six months of service over the course of the previous twelve months with benefits.
• OVERTIME PAY
Extra money that is due to an employee for labor or services performed over the standard
• Philhealth Contributions
• (Based on Salary)
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When working eight hours straight, employees are entitled to one (1) hour of
employee benefit for regular meals under Article 83 of the Philippine Labor Code.
Additionally, workers must be given enough breaks in the morning and afternoon,
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BUSINESS POLICY
1. Standard Grooming
3. Respect customer
4. Proper hygiene
5. Honesty
6. Time is time
relatives members
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CHAPTER 3:
TECHNICAL ASPECT
Eco-Plastic Wallet
A Eco-Plastic wallet is a small, flat case used to carry and store personal items
such as cash, credit cards, identification cards, and other small valuables. Typically
pockets to organize and secure various items. They are commonly carried in pockets,
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A Eco-Plastic long wallet is a type of wallet known for its elongated shape. It
Eco-Plastic Bags
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A Eco-Plastic Bags that mades of plastics like bayong is a kind of bag originating
in the Philippines and made by weaving dried leaves. And some bayongs is made
from the original hand-woven bayong design using synthetic plastic as material which
DESCRIPTION OF LOGO
The logo intricately blends symbolism to convey its mission. Featuring a junk food
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friendly products, epitomizing the ethos of the PlastiCycle brand. The letter P have a
pink color used in the logo symbolizes creativity, passion, and innovation,
The pink borders around the logo further emphasize the brand's identity,
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Piece
Php159 4 Php159
Scisors
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bundle)
Piece
Piece
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Stick Glue
Materials/equipment/Supplies
Wifi 1 Php2,999
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Wallet
1. Gather Materials that Recycled plastic (e.g., coffee plastics, old straws)
Scissors,
2. Prepare the Plastic, Clean and dry the recycled plastic materials
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3. Cutting, use scissors to cut the plastic into pieces according to the size
you want your wallet to be. You'll need: 2 larger pieces for the main body of the
wallet (front and back), 1 or 2 smaller pieces for inner pockets (optional).
4. Design and Marking, use a ruler and marker to mark out the
dimensions of your wallet pieces on the plastic. This may include the size of
the wallet, placement of pockets, and any decorative patterns. Ensure precise
5. Cut Out the Pieces, Carefully cut along the marked lines to create
the
Individual pieces of the wallet. Double-check your cuts to ensure they're straight
and clean.
pockets between the front and back pieces if you've chosen to include
Place the
them. Make sure all pieces align correctly before moving to the next step.
the plastic pieces to protect them from direct heat. Use an iron set to a low heat
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setting or a heat gun to carefully seal the edges of the plastic pieces together.
Apply gentle pressure and move the heat source along the edges until they are
8. Finishing Touches, trim any excess plastic from the edges of the
wallet for a neat finish. If desired, add additional decorative elements using
other materials. Smooth out any rough edges using sandpaper or a file.
9. Allow to Cool and Set, let the wallet cool down completely
before handling it.Ensure that all fused edges have solidified and the wallet is
sturdy.
10. Final Inspection, check the seams and edges to ensure they are
added.
Long Wallet
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straws) Scissors, Heat source (glue gun) Parchment paper or Teflon sheet
2. Prepare the Plastic, clean and dry the recycled plastic materials
3. Cutting, use scissors to cut the plastic into pieces according to the size
you want your wallet to be. You'll need: 2 larger pieces for the main body of the
wallet (front and back). 1 or 2 smaller pieces for inner pockets (optional).
4. Design and Marking, use a ruler and marker to mark out the
dimensions of your wallet pieces on the plastic. This may include the size of
the wallet, placement of pockets, and any decorative patterns. Ensure precise
5. Cut Out the Pieces, carefully cut along the marked lines to create
the e a c h pieces of the wallet. Double-check your cuts to ensure they're straight
and clean.
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Place the pockets between the front and back pieces if you've chosen to include
them. Make sure all pieces align correctly before moving to the next step.
the plastic pieces to protect them from direct heat. Use an iron set to a low heat
setting or a heat gun to carefully seal the edges of the plastic pieces together.
Apply gentle pressure and move the heat source along the edges until they are
8. Finishing Touches, trim any excess plastic from the edges of the
wallet for a neat finish. If desired, add additional decorative elements using
leftover plastic scraps or other materials. Smooth out any rough edges using
sandpaper or a file.
9. Allow to Cool and Set, let the wallet cool down completely
before handling it.Ensure that all fused edges have solidified and the wallet is
sturdy.
10. Final Inspection, check the seams and edges to ensure they are
securely sealed. Test the functionality of any pockets or compartments you've added.
Bag/Bayongs
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plastic bags, fabric scraps, or any other suitable material you have on hand.
handles or straps (you can repurpose old belts, ropes, or fabric strips)
2. Design Planning, decide on the size and shape of your bayong or bag.
Consider the materials you have available and how you want the final
construction.
4. Create Panels, lay out your chosen materials and start forming panels for
the bag. You can weave the strips together, layer them, or sew them to
create larger piece. Consider mixing different materials for a unique and
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5. Assembly, once you have enough panels to create the desired size of the
bag, begin assembling them. Place the panels together, ensuring that they
the panels together. Alternatively, you can use glue or adhesive to bond
Pay attention to the seams to ensure they are strong and secure,
6. Adding Handles or Straps, decide on the type of handles or straps you want for
your bag. You can use repurposed materials such as old belts, ropes, or fabric strips.
Sew or attach the handles securely to the bag, reinforcing the attachment
8. Finishing Touches, trim any excess material and threads to give your bag a
neat and polished appearance. Inspect the bag for any loose seams or
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personalize your bag further. This could include embroidery, fabric paint, or
applique.
10. Quality Check, before using your recycled bayong or bag, perform a final
quality check to ensure it is sturdy and well-constructed. Test the strength of the
handles and seams by gently pulling on them to simulate the weight of items you
intend to carry.
COSTING
POCKET WALLET
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FINAL PRICE:69
LONG WALLET
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BAG
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CHAPTER 4
MARKETING ASPECTS
Marketing Strategy
Marketing strategy will be to attract customers through our official page and our social
media accounts, word of mouth about our products. Word of mouth will be served as
our starting point as we shared it to our friends and relatives first. And social media
platforms will also be a strong promotion channel to share photos of our product.
PlastiCyle shop will put special efforts to its customers an extraordinary to give
them the best products with a great experience and a pleasant environment in order
to create loyal customer base. PlastiCycle also open for expo and collaboration to other
company.
PlastiCycle can achieve its long term durability by sustainability and growth in the
NGO’s. Developing multiple income streams and building a strong brand identity and
recycling benefits and optimizing operations for competitive pricing and maintaining the
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Target Market
Our target market are all types of people. Vacationers, employees, adults,
Based on our observations, people tend to shop thrift and loves to support
local and authentic products that they can use. Adults, employees, children and
Legal fees
- Bir - 500
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- Pag-ibig - 100
Fixed Assets
- Equipments - 1,000
Pre-Opening Expense
- Salaries - 40,000
- Benefits - 2,750
Utilities
- Electricity - 500
Return on Investment(ROI)-
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List of Competitors
PANDAYAN BOOKSHOP
DISENYORITAS
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Total Demand
Population Population
Quantity
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Bags and wallets are essential accessories while bayongs serve functional purposes.
The demand for stylish bags and wallets fluctuates based on trends, while the
and production costs is crucial in maintaining a balanced market for these products.
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SWOT ANALYSIS
STRENGHTS WEAKNESSES
OPPORTUNITIES THREATS
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CHAPTER 5
right amount of taxes, generating job for filipinos around cauayan city and aiming
Employment Generations
The proposed business will employ who have the knowledge about recycling,
preferably those who are living within the rural areas of the location of the proposed
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ENVIRONMENTAL SUSTAINABILITY
margins, emphasizing the importance of preserving the environment for future generations.
responsible consumption, the company sets a high standard for corporate sustainability.
PlastiCycle's emphasis on recycling not only benefits the environment but also underscores
inspiration for businesses seeking to integrate eco-friendly practices into their operations.
sets a commendable example for the industry and reinforces the importance of
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CHAPTER 6
LEGAL ASPECTS
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BIR
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CHAPTER 7
CONCLUSION AND RECOMMENDATION
Conclusion
We are confidently sure that our shop's entity will succeed. Having a huge
market and nearly covered all the necessary and standardized qualities which it
will make a unique product. Cauayan City has a large number of people and its
only have to do is to provide quality products and outstanding service for the
customers to meet their expectations. There are some factors that influence the
availability of the project. Supply of raw materials should be within time. Workers
should be quick and can easily pick-up all the necessary needs for the
establishment for us to provide a quality service and quality products for our
there are no other person whom the retailers can rely in the industry for
unsold stock which will result into a loss of profit by the firm and which will be of
no value.
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Recommendation
This study shows that opening a PlastiCycle shop would be feasible in Cauayan
City, but as further research of consumer trends of Cauayan could be due to have a
have a strong background and experience in the industry Contacting and obtaining more
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APPENDICES
Survey
Gender:
( ) News Paper
( ) Price ( ) Quality
( ) Appearance
3. Who are the person you would recommend our product with?
() Friends ( ) Co-workers
() Relatives ( )Government
4. In recycling we benefit?
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( ) Government ( ) Environment
( ) 150-500 ( ) 300-500
( ) 300-600 ( ) 600-700
( ) Bag
( ) Mom’s ( ) Teenager’s
( ) Dad’s ( ) Kids
THANK YOU!
GODBLESS
AND
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