excellent manpower

1

CHAPTER I

THE PROPOSED PROJECT

Introduction

Catering the Human Resource needs of every

company by providing the most logical personnel

that they need, is a complex profession, which is

therefore what we call a Manpower Agency is doing.

At the present time, those pioneering Manpower

Agencies is still going in progress it’s because

there are companies (Individuals) who still

patronizing the services offered by those Manpower

Agencies even if some of the firms within Cauayan

City have already their own HR Department.

A Manpower Agency could be an International

or may be only for Local; a Manpower Agency could

also offers general services or could offer

specified services.

2

Objective of the Study

The preparation of this project was guided

by the following:

1.To ascertain if there is a demand for

another Manpower Agency.

2.To determine if this kind of business is

practicable to establish.

3.To ascertain the relative threats and

opportunities involve therein.

4.To determine the requirements in going to

the foregoing.

Scope and Delimitation

This study will cover the aspects of

marketing, management, financial and technical, it

is also involves in a combination of socio and

economic matters.

The researchers have conducted a query for a

100 respondents within the proposed location to

ascertain the demand and forecasted market share.

3

The proposed business has its specified

range of coverage such as: Janitorial Manpower

Services; Security Manpower Services and;

Computer/Hardware Manpower Services.

Based on the gathered data, our direct competitors

are those Manpower Agency who provides and offers

local employment.

The proponent’s target markets are those companies

who are in need of such assistance in terms of

finding the most logical individual to be employed

within their firm.

Project Summary

Name of the Project

The name of the proposed business is

Excellent Manpower Services Inc. The word Excellent

is to describe that EMSI will assured its client

that they are going to be provided a 100% excellent

services. Furthermore, all individuals who will be

4

our products will definitely highly trained and be

the most logical candidate to be staffed.

Location

The proposed business is situated at 2/F

Perfect Care Bldg. along Quezon St., District 1, in

front of Iselco 1, Cauayan City, Isabela. The

location is easy to find and transportation is very

accessible not just on our part but most especially

to our valued clients.

Description of the Project

Excellent Manpower Services is a manpower

service provider for local employment with a

specified range of coverage. As a company engaged

in a manpower services, we have a human resource

personnel that are highly qualifies and

specialized in evaluating applicants to ensure

that we filled the right person to the right job.

5

It offers Janitorial manpower Services,

Security Services, Motor rewinding, repair and

Maintenance Services and Computer/Hardware

Services. Manpower services would be our products

and services to be offered. Moreover, Manpower

shall come from the graduating students from the

schools of Our Lady of Pillar College – Cauayan

Campus, Isabela State University – Cauayan

Campus, System Technology Institute – Cauayan

Campus, College of Business, Education, Science

and Technology, East Asia International Systems

College – Cauayan Campus, University of Lady of

Perpetual Help System – Cauayan Campus as well as

the pool of job seekers.

Furthermore, all the job seekers will be

also considered. Manpower shall undergo to a

conducive training and will end up in providing

excellent service for those companies who need

their assistance.

6

CHAPTER II

RELATED EXISTING PROJECT

There is only four existing related business

which is the Jet Manpower and General Services

which has a wide range of coverage which is

therefore considered by the proponents as its

direct competitors.

Jet Manpower and General Services

They offer a wide range of services. It is

owned by Mr. Jonathan Medrano and managed by Mr.

Sundy P. Asinas. It is located at 3rd floor, Jems

Bldg., Rizal Avenue Extension, Cauyan CityIsabela.

JD Security and Investigation Agency

They offer a Security Services.It is owned by

Mr. Nicolas S. CruzJr.JD Security and Investigation

7

Agency is located at F.N. DY Blvd., San Fermin,

Cauayan City Isabela.

SNC Manpower and Services

They also offer a wide range of services. It

is owned by Mr.Bartolome A.Mallillin. It is

situated at Quezon St., District I, City of

Cauayan.

ECC Security Agency

They offer such Security Services. It is

owned by Mr. Cacabelos C. Eufemio. It is situated

at DOÑA FRONIE AVE., San Fermin, City Of Cauayan.

8

CHAPTER III

MARKETING STUDY

A.Market Description

Excellent Manpower Services is a manpower

service provider for local employmentwith a

specific range of coverage. It’s a business that

recruits job seekers to supply those different

companies who are in need of employees.

The proposed project is located in an

accessible area for our prospective market.The

proponent’s target markets are listed below.

FOR JANITORIAL SERVICES

FOR COMPUTER SERVICES FOR SECURITY SERVICES

1DRY RUN RESTOBAR

LOURDES AND LOREYNA COPY CENTER TOPCROP AGRI MARKETING

2 BURBERRY DRIVE-INN HOTEL

GINGER INFINITY COMPUTER SERVICES

DJ PAINT CENTER AND GENERAL MERCHANDISE

3 VIOLETA A. SALVADOR SALAMATIN MARKETING BURBERRY DRIVE-INN

9

BOOKKEEPING OFFICE SERVICES HOTEL

4 TAGCHEM DRAGON DISTRIBUTION, INC

ACELHIAKS.COM @ INTERNET CAFE

GOLD CITY PAWNSHOP AND MONEY CHANGER

5ZEST- O CORPORATION

R AND K INSURANCE SERVICES

AURING'S BAKERY AND GENERAL MERCHANDISE

6THE HOTEL SOPHIA

HANNAH_NET.COM & MERCHANDISE

MDU ENTERPRISES AND CONSTRUCTION

7BROADWAY DRIVE INN HOTEL

VOLTAGE COMPUTER TECHNOLOGY & SERVICE CENTER FARMACIA GENERIKA

8PARTY PLACE CINGKO

RADZTECH COMPUTER SYSTEM B. J. ENTERPRISES

9 IDEA MULTI-PURPOSE COOPERATIVE

SHAMA PRAISE INTERNET CAFE

REVELYN CAGURANGAN VARIETY STORE

10

PARMJITSINGH PEDDLER ISABELA STAR REIGINE VARIETY STORE

11

LORNA VILLE LEISURE FARM IPRINT ENTERPRISES

GMG TRADING AND GENERAL MERCHANDISE

12

ISABELA UNITED DOCTORS MEDICAL CENTER, INC.

SHERS PRINTS AND PAPER SHOP

TAGCHEM DRAGON DISTRIBUTION, INC

13

PHILIPPINE BUSINESS BANK KAIDRED'S COPY CENTER ZEST- O CORPORATION

14

RED RIBBON - CAUAYAN CITY SAEZ GRAPHIC DESIGNS

ARANETA-FERNANDEZ GENERAL MERCHANDISE

15

RAVEN HELIWORKS AVIATION

A.A - CYBERCLOUD INTERNET CAFÉ THE HOTEL SOPHIA

16

AMORFINO RESTAURANT AND BAKESHOP

RICHNESS PRINTSHOPPE & 3D GRAPHIC DESIGN

TECHNO ACT AND GENERAL MERCHANDISE

17 CAFE' ISABELA

GENESIS DIGIPRINT AND SERVICE CENTER NATTHEW ENTERPRISES

10

18

VERJ COPY PRINT AND GENERAL MERCHANDISE

HANNAH_NET.COM & MERCHANDISE

19

SOLEIL GENERAL TRADING

KND SURPLUS MERCHANDISE

20

GREY WIRELESS ACCESS PROVIDER

MIX AND BLINGS 925 SILVER JEWELRIES

21 HT INNOVATIONS

ATONDUCAN SILVER JEWELRIES

22

DS NETWORK ENTERPRISES

BROADWAY DRIVE INN HOTEL

23

PCG CONSTRUCTION AND GENERAL MERCHANDISE

24

FFT PHARMACY & GENERAL MERCHANDISE

25 JDM TOY STORE

26

SIETE LLAVE MEATSHOP AND GENERAL

27

RODZON MARKETING CORPORATION

28

CD-R KING GENERAL MERCHANDISE

29

ANDREIYANA GENERAL MERCHANDISE

30

MALLILLIN DRUGSTORE BRANCH III

31

JOEL B. ARIOLA GENARAL MERCHANDISE

32 FU'S STORE

33

A.C. AQUINO GENERIC DRUGSTORE

11

34 BM PHARMACY

35 RYAN ENTERPRISES

36

QAISLEI GEN. MERCHANDISE

37

LORNA VILLE LEISURE FARM

38

ISABELA UNITED DOCTORS MEDICAL CENTER, INC.

39

QUEEN OF THE NORTH TRAVEL AND TOURS

40 ALBANO'S PHARMACY

41 CORDAN ENTERPRISES

42

VERJ COPY PRINT AND GENERAL MERCHANDISE

43 FASTRAK SERVICES, INC.

44 PHILIPPINE BUSINESS BANK

45

WINSHER GENERAL MERCHANDISE

46 SOLEIL GENERAL TRADING



49

GOLDEN DRAGON RICE MILL

12

50

RAVEN HELIWORKS AVIATION

51

MALLILLIN DRUGSTORE BRANCH 3

52 BUDDY BOX FOOD AVENUE

53

FRANDY GENERAL MERCHANDISE

54

TRAVEL HUB TRAVEL AND TOURS

55

WORLD TREKKERS TRAVEL AND TOURS

56

AF AND V GENERAL MERCHANDISING(

57

CAGAYAN VALLEY TRAVEL MANAGEMENT

58 JAS'Z ENTERPRISES

59

AMORFINO RESTAURANT AND BAKESHOP

60

NTER-NIA REGION 02 MULTI-PURPOSE

61 I TECHVIEW ENTERPRISES

62 SARMSON TRADING

63

NORMAN JAMES ENTERPRISES

64 NO. 1 MAVEA CORP.

65 CATBAGAN GEN. MDSE.

13

The basis of the aforementioned target

markets is the proponent’s conducted survey

results. Based on the results of the conducted

survey, most of all the businesses situated in

Cauayan City need assistance from a Manpower

Agency.

B.Demand

The advocators have conducted a query to

delineate if there is a demand in this kind of

business.

Based on the conducted survey, the result

shows that 87% of the respondents prefer a Manpower

Agency to render their company such Manpower

Services and the remaining 13% are not interested

of having a partnership with a Manpower Agency. It

shows as well that some of the recruitment agencies

situated in Cauayan City are incapable in terms of

14

accommodating those companies that are in need of

their assistance in finding Human Resources.

Therefore, there is a probability of establishing a

Manpower Agency.

C.Supply

Machines, equipment and all other office

supplies will be purchased at R.A. Bunagan

Enterprises situated at Tagaran, City of

CauayanIsabela. R.A. Bunagan Enterprises is the

most trusted supplier of high quality equipment and

all other office supplies which, thus, can provides

us a standardize services.

The Human Resources, who will be supplied

later on for those companies that need it, will be

15

coming from the schools of Our Lady of Pillar

College, Isabela State University-Cauayan Campus,

Isabela College of Arts and Trades and Our Lady of

Perpetual Help System, System Technology Institute,

East Asia International System College, College of

Business Education Science and Technology, St.

Clare College, Isabela College Foundation.

Furthermore, all the job seekers will also be

considered.

D.Competitive Position

There are a four existing related businesses

that the advocators considered as it’s their direct

rivals which are as follows: Jet Manpower and

General Services, SNC Manpower and Services, JD

Security and Investigation Agency and theECC

Security Agency.Despite that, Excellent Manpower

Services has its competitive advantage compare to

the aforementioned rivals, it’s because from the

word Excellent, this business offers a 100%

16

assurance that they will provide an excellent

services and select the most logical personnel that

was in need by the companies which is considered as

the target market. In addition, EMSI will be

providing a conducive training for those

individuals who are intended to be staffed and

supplied in every company that needs it. On top of

that, Excellent Manpower Services will surely

provideexcellent services and additionally, it was

situated in a chosen location wherein it will

become accessible on the part of our prospective

customers.

E.Market Share Analysis

Figure 1.1 Market Shares of Competitors

17

Based on the question #4(See Appendix A), it

shows that 32% percent of the respondents prefer

the assistance provided by the Jet Manpower and

General Services; 16% for ECC Security Agency; 28%

for JD Security and Investigation Agency and last

but definitely not the least, 24% for SNC Manpower

and General Services.

JET MAN-POWER and

GENERAL SERVICES

32%

JD SECURITY and INVESTI-GATION AGENCY

28%

SNC MANPOWER and SERVICES AGENCY

24%

ECC SECU-RITY AGENCY

16%

18

Figure 1.2 Market Share upon Entry

Based on the conducted survey, question #5, it

shows that 33% of the respondents prefer the Jet

Manpower and General Services;7% for the ECC

Security Agency; 18% for the JD Security and

Investigation Agency; 20% for SNC Manpower and

General Services and upon entry of

ExcellentManpowerServices Inc., 22% out of 100

respondents prefer it.

F.SWOT ANALYSIS

Strengths

JET MANPOWER and GENERAL SERVICES

33%

EXCELLENT MANPOWER and GENERAL SERVICES INC.

22%

SNC MANPOWER and SERVICES AGENCY

20%

JD SECU-RITY and INVESTI-GATION AGENCY

18%

ECC SECURITY AGENCY

7%

19

o Can provide an excellent services

o Standardized performance

o It is situated in an accessible location for

our prospective customers

o Environmental friendly

o Cost effective services which is surely

affordable by the market

o Capacitated in terms of accommodating the

valued customers

Weaknesses

o Not yet known in the market

Opportunities

o Probable demand for international expansion

o Probable demand for branched expansion

Threats

o Advent of rivals

o Inflation of procured budget

20

G.Marketing Program

Product and Services

The following are the services offered by EMSI:

o Janitorial Manpower Services

o Security Manpower Services

o Computer Hardware/Software Manpower

Services

Qualifications for Janitorial Manpower

o Must be at least High School Graduate

o Must be Hard working

o Male/Female; 21 y/o and above

Qualifications for Security Manpower

o Must be at least High School Graduate

o Willing to destined in any places and to

be deploy either night or day shift

o Male; 21 y/o and above

21

Qualifications for Computer Manpower

o Must be a College Graduate of Computer

Course or any related courses

o Male/Female; 21 y/o and above

Excellent and Standardized Services is what

does EMSI offered, it render services for those

companies who are in need of Human Resources by

supplying the right personnel that they need.

Personnel’s shall come from the graduating students

of the schools of Our Lady of Pillar College, Saint

Clare College, System Technology Institute, East

Asia International College, College of Business

Education Science and Technology, Isabela College

Foundation, Isabela State University in Cauayan

22

City, Isabela College of Arts and Trades and Our

Lady of Perpetual Help System. Furthermore, all the

job seekers will also be considered.

Price

The service fee will depend on what are the

professions of individuals that are in need. EMSI

offers and sets price which is surely affordable by

our valued customers. EMSI Manpower Service Fee is

listedbelow.

For Janitorial Services

For Computer Services

For Security Services

2, 657.00 3, 567.00 4165.00

Place

The proposed business is situated at 2/F

Perfect Care Bldg. along Quezon St., District 1, in

23

front of Iselco 1, Cauayan City, Isabela, wherein,

the proponent’s will rent on the stated building.

Promotion

In the context of marketing mix, promotion

decisions represents the various aspects of

marketing communication and in order to impart the

information about our entity and services offered

to the market, EMGSI will first focused on the

opening stage of development which is the papyrus

advertisement, printed flyers, wall posters as well

,to create sales messages.

24

CHAPTER IV

MANAGEMENT STUDY

Vision and Mission

Vision

We are envisioned to become competitive in

the field of manpower services and filled the needs

of our clients within the limit of their

satisfaction and to give our employees a workplace

suitable to their mental and physical needs. In our

pursuit to this vision, we are under legal bounds

25

to coordinate and keep a close coordination with

the concerned government offices.

Mission

We are committed to provide efficient,

trustworthy and reliable personnel to cope up the

satisfaction of our clients and provide equal

services to our employees.

Form of Ownership

A corporation is a legal entity which shall

be formed to by the proponents. Manpower management

shall administer and execute the proposed project.

In a corporation, the principal advantage of

incorporation is that, because the corporation is

now the "owner" of the business, it is the

corporation which is responsible for the debts of

the business. It involved the following individuals

such as the shareholders, board of directors or

26

officers of the corporation. A corporation has what

we call articles of incorporation and in order to

come up in wise decisions with regards in managing

the business affairs they must take based on it.

Articles of incorporation shall set forth those

duties and responsibilities which mustbe construing

to ensure a congruous relationship.

The total financial requirements will be

contributed just and fairly by those people

who composed the corporation as well as in terms of

distributing such profit and losses.Moreover, the

owners of the corporation (Stockholders or

Shareholders) enjoy a limited liability advantage

in the sense that the creditors of the corporation

may only run after the assets and properties of the

business or corporation but not on the personal

assets and properties of the owners.

Successful execution of the business operation

would surely come up unto profit maximization.

27

Objectives

a.To be able to penetrate in the market for

a long run and to flout the emerging

rivals.

b.To build and maintain good affinity with

our valued customers.

c.To be the leading and favored Manpower

Service Provider in Cauayan City.

ORGANIZATIONAL CHART

EMSI ORGANIZATIONAL CHART

Figure 4.1

CHAIRMAN and

MANAGING DIRECTOR

ADMINISTRATION HEAD

OPERATION HEAD

28

MANPOWER MANAGEMENT

DESIGNATION JOB DESCRIPTION JOB

SPECIFICATION

CHAIRMAN and

MANAGING

DIRECTOR

To look

after the

interest of

the

Educated

to degree

level

preferabl

IT TELECOM HR HEAD

CUSTOMER RELATION OFFICER

29

corporation

by ensuring

that the

corporation

function for

sustainable

development

of the power

sector of

the state on

sound on

commercial

principles

and for the

objectives

it is

created for

Responsible

in

y with

a focus

on

voluntary

sector

managemen

t

or equivalent

At least

five

years’

experienc

e in an

organizat

ional

leadershi

p role

30

organizing

daily

operation

and managing

committees

Responsible

in

motivating

and mentor

staff

members and

may chair

meetings

To develop,

design and

implement

the

strategic

plan for

31

their

company in

the most

time

efficient

and cost

effective

manner

ADMINISTRATION

HEAD

Supports

operations

by

supervising

staff;

planning,

organizing,

32

and

implementing

administrati

ve systems

Maintains

administrati

ve staff by

recruiting,

selecting,

orienting,

and training

employees;

maintaining

a safe and

secure work

environment;

developing

personal

growth

33

opportunitie

s

OPERATION HEAD Responsible/

reports to

The Chief

Executive

Officer

Responsible

for ensuring

all aspects

of daily

operations

of

EMSI run

effectively

and

efficiently.

Primary role

is to

34

provide the

support

function to

EMSI in

order for it

to achieve

its vision

and

strategic

objectives

HR HEAD Overseeing

and managing

all

functions in

a specific

area or

department

He or she

plans and

Bachelor’

s Degree

in Human

Resources

,

Business,

or a

related

field

35

implements

department

strategies

and also

takes part

in the

company’s

overall

strategic

decisions

and ensures

that his or

her allotted

department

(s) are

working in

accordance

with such

goals

required.

Master’s

in

Business

or Human

Resources

Managemen

t

Guides

and

manages

the

overall

provision

of Human

Resources

services,

policies,

and

36

programs

for the

entire

company

With

experienc

e at

least 2

years of

being

superviso

r

At least

26 y/o

and above

37

COMPENSATION SCHEME

EMPLOYEES MONTHLY SALARY YEARLY SALARY

Chairman and Managing Director 20, 000.00 240, 000.00

Administration Head 10, 000.00 120, 000.00

Operation Head 9, 000.00 108, 000.00

HR Head 8, 000.00 96, 000.00

IT and Telecom 7, 000.00 84, 000.00

CRO 5, 000.00 60, 000.00

38

Management Policy

Discipline

- Employees should be honest, considerate

cooperative and professional enough in

performing their duties. Problems that are

business related should be directed to the

managing partner for settlements.

Attendance

- The employee should report at least 10 minutes

before the official time of opening to prepare

themselves for the day to work. To monitor the

attendance of every employee, they will log

in/out in the record book.

Working hours

- EMSI office hours are 8:00am to 5:00pm, from

Mondays to Saturdays. An employee must work 8

hours per day with an hour of lunch break.

39

Employees are prohibited from using the working

hours for personal matters.

Overtime

- Overtime of workers will be noticed if

necessary and if there are rush works to be

done.

Leave or Absence

- Except for absence due to sickness, an employee

mustinform their superior at least 3 days

before going on a leave. Employee who got

absent due to illness must inform their

superior immediately. If failure to report for

duty is due to an emergency matter, the

personnel should contact their manager as early

as possible for the latter to make necessary

adjustments.

Uniform

- The business requires its employees to wear the

agreed uniform.

40

CHAPTER V

TECHNICAL STUDY

Building

The building has a total floor area of 280 square

meters. (See Appendix E for the total estimated

project cost.)

Plant Layout (See Appendix F)

Perspective View

- Pictures the actual view of the site

Vicinity Map

- Illustrate the road map of the establishment

Floor Plan

41

- Illustrate the whole view of the floor plan

Front Elevation

- Shows the scale of the front view of the

establishment

Rear Elevation

- Shows the scale of the rear view of the

establishment

Utilities

Excellent Manpower Services Inc.personnel is

going to be provided with comfort room for personal

necessities. Aerielle Aqua Crest Purified Drinking

Water & Refilling Station shall provide water.

Electricity for light and machines operation will

be supplied by the ISELCO 1.

Requirements for New Business

42

The business will comply with the clearances

and legal requirements needed for legal business

operation.

1.Community Tax Certificate

2.Barangay Clearances (for taxpayers)

3. Barangay Business Clearances (where

business is located)

4. Securities and Exchange Commission (SEC)

Certificate

5. Articles of Incorporation and By-Laws

6. Verification Slip Form (Re: Corporate Name)

7. Accomplished Registration Data Sheet

8. Treasurer’s Affidavit

9. Bank Certificate of Deposit

10. Authority to verify Bank Accounts

11. Social Security System (SSS)

12. Department of Labor and Employment (DOLE)

13. Mayor’s Permit

14. Building Permit

43

15. CENRO Certificate of Compliance (City

Environment Office)

16. Fire Permit from the office of the Bureau

of Fire Protection

17. DTI Registration

18. BIR Registration

19. BIR Registration

20. Registration certificate – Bureau of Local

Employment (DOLE-BLE)

21. License – National Telecommunication

Commission, Dept. of Transportation &

Communication, (DOTC-NTC)

Quality Control

Excellent Manpower Services Inc. assures its

valued clients that they are going to be provided a

high quality and standardized manpower services,

for the EMSI itself meets the customer

satisfaction. In order to prove that the business

44

claim that their products and service to be

rendered is really worth to be paid for, there are

highly assess process done, from production to

delivery. EMSI management ensure that they are

going to select the most logical person to rendered

such services in the most effective and efficient

manner so that the come out and result shall be

satisfying, not just on the part of EMSI itself but

most especially to our valued customers.

Waste Disposal

One of our strengths is being an

environmental friendly. The business will ensure

that all operation and activities that the firm

will perform are not harmless to the environment

but still maintaining its quality standard.

EMSI make sure that all wastes are properly

disposed to the trash can. Garbage collectors from

Cauayan City waste disposal unit will collect daily

waste materials.

45

PRODUCTION FLOW CHART

Manpower Reports now to those companies who need

him/her

Training and Development Process of the Manpower for the readiness to the

actual work

Choosing from the Services Offered

Selection Process

Job Fair for the Graduating Students from

the Schools aforementioned/Job

46

CHAPTER VI

FINANCIAL ASPECT

Basic Assumptions

1. The company is authorized to issue 50,000,

P50 par value ordinary shares.

2. At the formation of the corporation, 12,500

shares of stocks will be issued at P80 per

share which represents the 25% of the total

number of shares authorized for issuance

which will be paid by the original

incorporators.

3. An impress cash system will be used to

maintain proper internal control. The

company will open a current checking account

in a depository bank, all major

47

disbursements will be made through checks

and cash receipts will be deposited intact

the following day.

4. Petty cash fund is established to pay

minimal expenditures which are very

inconvenient in paying through checks.

5. Additional paid in capital would represent

the payment of incorporators in excess of

par.

6. Retained earnings would represent the

cumulative earnings of the company.

7. Idle cash of the company will be invested in

a 12% cumulative non-participating

preference share.

8. Salaries of employees would range from

208.33-833.33 per day.

9. There will be no increase in employee

salaries and wages within 5 years.

48

10. Dividend will be paid annually to the

shareholders at 85% of the current year net

income

11. Recruitment would increase by 3% annually.

12. Net income is anticipated to increase

annually as the business has been introduced

and trusted in the market.

13. Target market has been assumed to increase

year by year.

14. The term of the lease would be 10 years with

a monthly rental of ₱ 38,000.00

15. Inclusive of the rent would be a 5%

withholding tax.

16. Office Equipment will be depreciated with an

estimated life of 8 years using the straight

line method, salvage value not considered.

17. Furniture and Fixtures will be depreciated

using straight line method with an estimated

49

useful life of 6 years, salvage value not

considered.

18. SSS, Phil. Health and Pag-Ibig will be paid

by January of the following year.

19. The gross revenue of the company is

inclusive of 12% VAT.

20. Utilities expenses will increase by Php5,000

annually.

21. Advertising expense will increase by Php10,

000 annually.

22. Accounts payable represents obligations of

the company which are not yet settled.

23. The income tax rate would be 30% of income

before income tax.

54

CHAPTER VII

SOCIO ECONOMIC STUDY

A good business is one in which is not only

a profit-oriented but a service oriented as well.

It must take into consideration how it will affect

its environment and the people who live in it.

With the primary objective of providing an optimum

customer satisfaction, this proposed business

“Excellent Manpower Services Inc.” will bring

satisfaction to customers, who are looking for a

quality standard service. Moreover, EMSI will set a

price that is worth to be paid for.

The proposed business will benefit the

economy through providing employment. This will

55

give the hired employees and their families their

source of income for their living needs. It will

also maintain a clean, safe and well- organized

surroundings.

The business will also contribute

improvement for the government by the payment of

taxes.The business owners and business will pay

their tax liabilities mandated by the law. Tax will

help the government generate funds for the

improvement public service and government projects.

56

CHAPTER VIII

CONCLUSION AND RECOMMENDATION

CONCLUSION

After a thorough analysis of the financial

data, the proponents found out that the proposed

project is technically and financially feasible.

Janitorial Manpower Services, Security Manpower

Services and Computer Software/Hardware Services

are needed everywhere and here to stay. The demand

is continuous and future expansion is possible.

Even though there are some companies have

their own HR Personnel who are in charge of

recruiting and selecting the most logical person to

57

be staffed. Despite of that, there are still many

companies/entities that prefer the services

rendered by Manpower Agencies.

We, therefore conclude that the Manpower Business

is a feasible business.

RECOMMENDATION

The proponents hereby recommend that this

proposed project be implemented to cater the needs

of customer.

As soon as the business grows fast and the

earning performance becomes excellent, the

proponents plan to cover a wide range of coverage

and to offer as well a wide range of services where

our valued clients can choose among from it. This

will serve as additional source of income.

58

APPENDICES Questionnaire

Tabulated Result of Survey

Lease contract with option to purchase

Researchers profile

Estimated project cost

Plant Layout

59

APPENDIX A

Questionnaire

This question is used to gather data in ascertaining the opinion of the companies (people). Please be honest in answering this questionnaire.

Name of the Company:______________________________

Line of Business:___________________________________

1.Do you prefer a Manpower Agency to render your company such Manpower Services?( ) YES ( ) NO

2.Does the existing Manpower Agencies here in Cauayan City accommodates you in the most effective and efficient manner?( ) YES ( ) NO

3.In what Manpower Agency here in Cauayan City do you prefer to render your company such Manpower Services?( ) SNC Manpower and Services Agency( ) JD Security and Investigation Agency( ) ECC Security Agency( ) JET Manpower and General Services

60

4.Do you need a Manpower Agency who can provide your company a Computer Software/Hardware Services?( ) YES ( ) NO

5.Do you need a Manpower Agency who can provide your company a Janitorial Manpower Services?( ) YES ( ) NO

6.Do you need a Manpower Agency who can provide your company a Security Manpower Services?( ) YES ( ) NO

7.If there will be a new established Manpower Agency which offers a Janitorial Manpower Services, Security Manpower Services and Computer Software/Hardware Services, would you consider your company as one of their customers?( ) YES ( ) NO

If your answer is no and you still prefer among the existing businesses established here in Cauayan City, choose among from these businesses:

( ) SNC Manpower and Services Agency( ) JD Security and Investigation Agency( ) ECC Security Agency( ) JET Manpower and General Services

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Thank You!

APPENDIX B

Tabulated Result of Survey

1.Do you prefer a Manpower Agency to render your company such Manpower Services?

RESPONSE YES NO TOTAL

RESPONDENTS 87 13 100

2.Does the existing Manpower Agencies here in Cauayan City accommodates you in the most effective and efficient manner?



3.In what Manpower Agency here in Cauayan City do you prefer to render your company such Manpower Services?

NAME OF THE BUSINESS RESPONDENTS

62

SNC Manpower and Services Agency

24


28

ECC Security Agency 16

JET Manpower and

General Services32

TOTAL 100

4.Do you need a Manpower Agency who can provide your company a Computer Software/Hardware Services?



5.Do you need a Manpower Agency who can provide your company a Janitorial Manpower Services?



63

6.Do you need a Manpower Agency who can provide your company a Security Manpower Services?



7.If there will be a new established Manpower Agency which offers a Janitorial Manpower Services, Security Manpower Services and Computer Software/Hardware Services, would you consider your company as one of their customers?


RESPONDENTS 22 22

If your answer is no and you still prefer among the existing businesses established here in Cauayan City, choose among from these businesses:

NAME OF THE BUSINESS RESPONDENTS

SNC Manpower and Services Agency

20


18

64

ECC Security Agency 7

JET Manpower and

General Services33

TOTAL 100

APPENDIX C

Lease Contract with Option to Purchase

This LEASE AGREEMENT WITH OPTION TO PURCHASE THE PROPERTY (hereinafter referred to as the

Lease/Option) is made on this _________ day of ____________________________, 20_______, by and

between the following parties: ___________________________________________________

____located

at______________________________________________________ (hereinafter referred to as the

Tenant/Buyer); and ___________________________________________________

__________________ located at_________________________________________________

_____ (hereinafter referred to as the Landlord/Seller).

In consideration of the mutual promises and covenants herein, the parties hereby agree as

follows:

(1) DESCRIPTION: The Landlord/Seller agrees to lease, and the Tenant/Buyer agrees to rent the 2nd

65

Floor Perfect Care Bldg with 280 square meters, located at Cauyan City.

(2) TERM: The term of this Lease/Option shall be for a period of ___________ months commencing on _______________________, 20___________, and ending on __________________________________. The term

will be automatically extended for __________________ periods of ______________

months, unless the Tenant/Buyer gives notice to the Landlord/Seller of its intent to terminate this Lease/Option, by mailing a written notice to the last provided address of the Landlord/Seller, or until such time as Tenant/Buyer exercises its

option to purchase the Property. Liability for payment will not extend beyond notice to terminate

this agreement.

(3) POSSESSION: Possession shall be delivered by keys and physical possession given to the

Tenant/Buyer on ______________________.

(4) RENT: Tenant/Buyer agrees to pay the lender of Landlord/Seller’s current mortgage or trust

deed, the sum of P_________________ per month, with the first payment beginning

_____________________________ as rent for the Property, for the term of this Lease/Option, and

during any extension thereof. All rental payments shall be due and payable in advance of the 10th day

of each and every month. An amount equal to P__________________ for each month in which rent

was paid, shall be credited to the Tenant/Buyer and applied to the purchase price of the Property in the event that the Tenant/Buyer exercises its

option hereunder.

66

(5) OPTION TO PURCHASE: The Tenant/Buyer, as part of the consideration herein, is hereby granted by the Landlord/Seller the exclusive right, option, and privilege of purchasing the Property at any time during the term of this Lease/Option or any

extension thereof.

(6) LIQUIDATED DAMAGES: Should Tenant/Buyer default on this agreement, Landlord/Seller shall

keep all monies paid as liquidated damages.

(7) COVENANTS OF TENANT/BUYER: Commencing with entering the term of this agreement, including

extensions, the Tenant/Buyer hereby covenants and agrees as follows:

(A) That the Tenant/Buyer will pay all utility charges and bills, including, but not limited to

water, sewer, gas, oil, and electric, which may be assessed or charged against the Property.

(B) That the Tenant/Buyer will not use the Property for any unlawful purpose and that the Tenant/Buyer will conform to and obey all laws, ordinances, rules, regulations, requirements and

orders of all Federal, State, and Local governmental authorities, agencies, departments,

bureaus, boards or officials, respecting the use of the Property; and

(C) That the Tenant/Buyer will surrender and deliver up the Property, at the end of the term or any extensions thereof, should the option herein

not be exercised, in as good order and condition as the same now exists, reasonable use and natural

wear and tear excepted.

(8) COVENANTS OF THE LANDLORD/SELLER: The

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Landlord/Seller hereby covenants and agrees as follows:

(A) That the Landlord/Seller shall pay for and maintain fire and extended coverage insurance on

the Property in minimum amount of P__________________________. The Tenant/Buyer shall be named as an additional insured or loss payee on the insurance policy and copy of which shall be

provided to Tenant/Buyer.

(B) That the Tenant/Buyer is entitled to the quiet enjoyment of the Property without any

interference or interruption by Landlord/Seller or its representatives.

(9) COSTS OF IMPROVEMENTS: In the event the Tenant/Buyer exercises the option to purchase set forth in paragraph 4, above, and through no fault of the Tenant/Buyer, the Landlord/Seller fails to convey said Property to Tenant/Buyer in accordance

with the terms of this Lease/Option, the Tenant/Buyer, in addition to any other rights which

Tenant/Buyer may have in law or equity for the enforcement of Tenant/Buyer’s option to purchase, shall be entitled to reimbursement for the cost of

all repairs, maintenance, and improvements.

(10) FURTHER ENCUMBRANCES: The Landlord/Seller hereby warrants the total of the leases, options,

mortgages, liens, and any other encumbrances against the Property, whether of public record or

not, are as follows:

(A) A first mortgage in favor of___________________________________ in the

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approximate amount of P____________________________________.

(B) Current taxes for_____________________________________________________ in the amount of P___________________________

due on___________________________________.

(C) Other liens (specify): The Landlord/Seller shall not lease to any other

third party, nor to assign, sell, option, transfer, pledge, or otherwise to convey any or all rights or interests had by Landlord/Seller in the Property or in this Lease/Option, nor to further encumber the

Property nor allow the same to occur. Violation of this paragraph shall be considered a material

breach of this Lease/Option. The Landlord/ Seller further agrees to keep all mortgages, liens, taxes, or other encumbrances on the Property, current and in good standing, Tenant/Buyer shall have the right

to make payment on same in the event that Landlord/Seller becomes delinquent or otherwise

defaults on such payments, and Tenant/Buyer may at its option either reduce its monthly rent in the amount of the payments, or subtract the amount of the payments from the balance due Landlord/Seller

at closing of the sale of the Property.

(11) RIGHT OF ASSIGNMENT: The Tenant/Buyer may sublet the Property, and/or assign, sell, transfer, pledge, or otherwise convey any or all rights or interest which the Tenant/Buyer may have in the

Property or in this Lease/Option. Any such assignments will release original Tenant/Buyer from any and all liability and substitute assignee in

his/her or its place.

(12) MAINTENANCE AND REPAIRS: The Tenant/Buyer

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accepts the Property “as is” on the date of execution of this Lease/Option except for items

listed in paragraph 14. As of the effective date, the Tenant/Buyer shall be responsible for all

maintenance and repair upon said Property, both interior and exterior. The Tenant/Buyer shall have the right to make such repairs, maintenance, and

improvements as Tenant/Buyer shall deem necessary, proper or desirable. The Tenant/Buyer shall pay

the costs of all such improvements, except that any electric, plumbing, heating or cooling system that is not in workable condition at the inception of

this Lease/Option will be repaired by the Landlord/Seller at its expense within sixty (60)

days’ notice from Tenant/Buyer. If the Landlord/Seller refuses to make such repairs,

Tenant/Buyer will have the option of either voiding this agreement by written notice to the

Landlord/Seller or making such repairs and, (a) receiving a reimbursement from the next monthly

payment or payments due the Landlord/Seller or, (b) receiving a

credit against the purchase price plus interest at 10% per annum from date of payment.

(13) BINDING AGREEMENTS: The parties hereto agree that this Lease/Option comprises the entire

agreement of the parties and supersedes all prior written or oral agreements, representations,

warranties, negotiations, or understandings. This Lease/Option may not be amended except in a writing executed by all the parties hereto. The parties further represent and warrant that they have not

relied on any representations, warranties or statements as an inducement to entering this

Lease/Option other than what is expressly written herein. This Lease/Option shall be binding upon the

70

parties, their heirs, executors, administrators, personal representatives,

successors, or assigns.

(14) SPECIAL PROVISIONS:

(A) The Landlord/Seller will complete the following by________________________ or this Lease/Option will become null and void and all monies paid by

Tenant/Buyer will be immediately refunded by Landlord/Seller or, at Tenant/Buyer's option, Tenant/Buyer may accept the Lease/Option and

completed the items listed below, and the cost of same will be recovered as provided for in paragraph

12: ___________________________________________________

___________________________________________________________________

_______________________________________________________________________________

_______________________________________________________________________________

____________________________

(B) A TITLE SEARCH will be ordered immediately by the Tenant/Buyer. This cost will be borne by the

Tenant/Buyer unless it is discovered that Landlord/Seller has unmarketable title in which

case the Landlord/Seller will reimburse Tenant/Buyer to cost of the search. If the title

is unmarketable the Tenant/Buyer will then have the option to void this agreement or proceed as agreed

herewith.

OPTION PURCHASE TERMS

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(15) PRICE AND TERMS: The Tenant/Buyer agrees to pay for said Property the sum of

$________________________________________________________________________________ less any sums for which the Tenant/Buyer is entitled to claim as reimbursement or offset in accordance with this Lease/Option; the net sum to be paid in cash,

certified check, or cashier's check at closing.

(16) INCLUDED IN THIS PURCHASE: The Property shall also include all land, together with all

improvements thereon, all appurtenant rights, privileges, easements, buildings, fixtures,

heating, electrical, plumbing, air conditioning fixtures and facilities, window shades, venetian blinds, awnings, curtain rods, screens, storm

windows and doors, affixed mirrors, wall-to-wall carpeting, stair carpeting, built-in kitchen

appliances, bathroom fixtures, radio and television aerials, landscaping and shrubbery, water

softeners, garage door openers and operating devices, and all utility or storage buildings or

sheds, range and refrigerator. The Property shall also include the following items: _________________________________

______________________________________________________________________________________

______________________________________________________________________________________

(17) TITLE: The Landlord/Seller shall convey marketable title to the Property with the above described inclusions, by General Warranty Deed free, clear, and unencumbered except existing

mortgages, restrictions, and easements of record shown in paragraph 10.

(18) CLOSING: The deed shall be delivered and the

72

purchase money shall be paid at a time and place of Tenant/Buyer's choice, no later than 60 days after

notification to the Landlord/Seller of the Tenant/Buyer’s exercise of the option.

(19) COSTS AND PRORATIONS: The following items shall be prorated the Landlord/Seller and the

Tenant/Buyer as of date of closing: (a) All real estate taxes and assessments; (b) Interest on

encumbrances assumed or taken over by Tenant/Buyer with both parties having responsibility for such

items as follows:

Landlord/Seller will pay: Tenant/Buyer will pay:

_______________________________________ ___________________________________________

_______________________________________ ___________________________________________

_______________________________________ ___________________________________________

_______________________________________ ___________________________________________

(20) INSURANCE: While this Lease/Option is in effect, the Landlord/Seller shall maintain fire and

extended coverage upon the Property, and immediately convert the owner occupied (if

applicable) policy to a non-owner occupied policy. In the event of the entire or partial loss, damage or destruction of the Property, the Tenant/Buyer

may at its option (a) proceed with the closing and accept the insurance proceeds for said damage, or

(b) declare this Lease/Option null and void, releasing both parties from any obligations

hereunder, except for the return of reimbursable expenses previously paid by Tenant/Buyer which amounts shall become immediately due and payable

73

from the insurance proceeds. Tenant/Buyer shall be responsible for obtaining fire and extended

coverage insurance on the Property effective on the closing date.

(21) LEGAL: In the event that any legal proceeding is brought to enforce any right or obligation under this Lease/Option, the parties each agree to waive their right to a jury trial. In addition, the

prevailing party shall recover its reasonable court costs and attorney fees from the non-prevailing

party.

IN WITNESS WHEREOF,the parties hereto, have set their hands to this

Lease/Option on this ________________ day of _______________________________, 20_________

WITNESS:

___________________________________________ Landlord/Seller

___________________________________________ Landlord/Seller

___________________________________________

Tenant/Buyer

74

Appendix D

RESEARCHERS PROFILE

San Juan, Echague, Isabela

09359440429

[email protected]

PERSONAL INFORMATION:

Nickname: Mel

Age: 20 yrs. old

Date of Birth: February 13, 1994

Place of Birth: Echague, Isabela

Gender: Female

Civil Status: Single

Religion: Methodist

Nationality: Filipino

Father’s name: Melanio S. Dela Cruz

Mother’s name: Angelina M. Dela Cruz

MELINA M. DELA CRUZ

mailto:[email protected]

75

EDUCATIONAL BACKGROUND:

TERTIARY: Northeastern CollegeVillasis, Santiago City

Bachelor of Science in Business Administration

major in Human Resource Development Management

SECONDARY: Don Mariano Marcos National High School 2010

Ipil, Echague, Isabela

PRIMARY: San Juan Elementary School

San Juan, Echague,Isabela

2006

76

MARK ANTHONY B. QUIROZSagana, Santiago City, Isabela

09161777719

[email protected]


Nickname: Quiroz

Age: 20 yrs. old

Date of Birth: December 23, 1993

Place of Birth: Victory Sur, Santiago City, Isabela

Gender: Male


Religion: Roman Catholic


Father’s name: Mario E. Quiroz

Mother’s name: Elena B. Quiroz


77




SECONDARY: Santiago City National High School 2010

Caloocan, Santiago City, Isabela

PRIMARY: Santiago South Central School2006

Malvar, Santiago City, Isabela

78

JEINEE D. BARENGRosario, Santiago City, Isabela

09059672884

[email protected]


Nickname: Jeinee

Age: 20 yrs. old

Date of Birth: December 10, 1993

Place of Birth: Linomot, Jones, Isabela

Gender: Female


Religion: Jehova’s Witnesses


Father’s name: MoradoBareng

Mother’s name: Marilyn Bareng


79




SECONDARY: Doña Aurora National High School 2010

Sta. Rita, Aurora, Isabela

PRIMARY: Aurora Central School 2006

Sta. Rosa, Aurora, Isabela

80

DIONE KARL DEMMIE A. VALENCIARizal, Santiago City, Isabela

09056717892

[email protected]


Nickname: Dione

Age: 20 yrs. old

Date of Birth: April 21, 1993

Place of Birth: Rizal, Santiago City, Isabela

Gender: Male


Religion: Roman Catholic


Father’s name: Demetrio Valencia

Mother’s name: Imelda Valencia


81




SECONDARY: Rizal National High School 2009

Rizal, Santiago City, Isabela

PRIMARY: Santiago East Central School 2005

Rizal, Santiago City, Isabela

82

Rosario, Santiago City, Isabela

09061389923

[email protected]


Nickname: Tine

Age: 21 yrs. old

Date of Birth: March 25, 1992

Place of Birth: Santiago City, Isabela

Gender: Female


Religion: Born Again Christian


Father’s name: Franklin T. Juanani

Mother’s name: Ma. Concepcion A. Juanani


CHRISTINE GRACE A. JUANANI

mailto:[email protected]

83




SECONDARY: Santiago City National High School

2009Caloocan, Santiago City, Isabela

PRIMARY: Rosario Elementary School2006

Rosario, Santiago City,Isabela

84

Appendix E

ESTIMATED PROJECT COST

BILL OF MATERIALS/ESTIMATED COST

I.Rental Fee for the building that is

280 sqm P38, 000.00

II. Office Equipments:

4 Leather mid-black office chair (executive

chair)

P6, 000.00

2 Leather mid-black office chair (ordinary)

P2, 000.00

4 Office Table Desk (executive chair)

P29, 992.00

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2 L-shaped desks with side storage andmultiple

finishes

P13, 000.00

1 Conference Table

P5, 888.00

3 Printers (pixma Ip2770 model)

P6, 585.00

3 HP Desks jet ink Advantage

P11, 400.00

2 units Xerox Machines (DCP-7065 Brother)

P13, 000.00

Internet Connection for 1 year with 2

Telephones

P3, 500.00

5HP Pavilion 20-B014L P7, 910.00

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TOTAL ESTIMATED COST P137, 275.00

Prepared by: Christine Grace A. Juanani

excellent manpower

Documents