Palawan National High School

Senior High School

ACCOUNTANCY, BUSINESS AND MANAGEMENT

BAMBOO THREAD INTO A BAGBOO

A Business Plan
Presented to Faculty of Accountancy,
Business and Management
Palawan National School

In Partial Fulfillment of the

Requirements in the Subject
Applied Entrepreneurship First Semester
School Year 2024-2025

By

BATUL, Chriszen P.
BOCAGO, Mac Nino M.
DELE GANTE, Crystal G.
JARIN, Jacer K.
LAGRADA, Xayza L.
OCAYA, Rigel B.
VERANO, Kim Cyrus C.

September 2024
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PROJECT SUMMARY

A. Name of Project

The business shall be named “BAGBOO MANUFACTURING BUSINESS. “The name was derived

from the name of the proponent. The capital of the business will be Php 2,500,000.00 to be provided by the

proponent in a form of sole proprietorship. The said capital will be used for the initial operation of business

particularly in buying equipment’s, payments for personal services and etc.

B. Project Location

The project will be located near at Palawan National School, Barangay Manggahan, Puerto Princesa

City.

The site was chosen because of the following:

1. Proximity to Major Highways

2. Located to the Target Demographics

3. Economic Potentials were in easy to get

C. Marketing Aspect

“BAGBOO MANUFACTURING BUSINESS” will be providing quality products. It also helps the

locality in providing employment and a source of additional income to the local government. Emphasize that

bamboo is a renewable, biodegradable resource, making it a perfect material for environmentally-conscious

consumers. Highlight its lower carbon footprint compared to plastic or leather.

In order to ascertain the viability of the project, this study will concentrate on the examination of supply

and demand. Along with the marketing techniques to be used for appropriate management and marketing

programs, it also contains the elements influencing the market.

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D. Management Aspect:

This subsection addresses the types of organizations and their structures that work well for this kind

of business. It also displays the advantages and pay that the staff members will get, along with the

qualifications that are necessary for efficient business administration.

E. Technical Aspect:

The project name shall be “BAGBOO MANUFACTURING BUSINESS”. The study will also provide

an estimate of the total project cost and bills of materials needed in building construction, specification,

machines and equipment to be used during the operation.

F. Financial Aspect

This study's most significant component is figuring out the quantity capital should be listed during the

project's first year of operation.

The projected income statement, projected cash flow statement, projected balance sheet, and financial

statement are all included.

G. Socio-economic Aspect

A number of perspectives, such as consumer behavior, economic growth, environmental sustainability,

and employment growth, can be used to examine the socioeconomic component of bamboo bags. Bamboo

bags offer a special chance to address social and environmental challenges while having an impact on local

and global economics.

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ACKNOWLEDGEMENT

The Researchers are very grateful to GOD ALMIGHTY, for the guidance, blessing, inspiration and grace

that he provided throughout in our research journey.

Immeasurable appreciation and deepest gratitude for the help are extended to the following people, who

have shared their support, have contributed in making this business plan.

First and foremost, we would like to express our deepest gratitude to the Bamboo Farmers. Their

generosity in sharing their time and allowing us to purchase bamboo for our project. Their support has

significantly contributed to the start of our project. We appreciate their dedication and hard work in cultivating

and maintaining the bamboo.

Science, Technology, Engineering, and Mathematics Students, we would like to extend our gratitude

for their support and cooperation. Their willingness to participate as respondents has been helpful to our project.

Their insights have provided us with deeper understanding of the potential and challenges of using bamboo in

sustainable products.

Ma’am Wilma Berdejo, we express our appreciation for her unwavering support, insightful guidance

throughout this journey. Her dedication and expertise have been helpful to achieve our goals.

Ma’am Helen V. Baldosomo, Accountancy, Business and Management Group head, we would like to

express our gratitude for allowing us to conduct this.

Sir Jabel Anthony L. Nuñala, Palawan National School Principal, we would like to express our gratitude

for allowing us to conduct a survey in Palawan National School.

The Parents for financial support which is big help for researchers, we grateful for your unwavering

support.
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TABLE OF CONTENTS

Page

TITLE PAGE …………………………………………………………………………………………I

PROJECT SUMMARY ………………………………………………………………………………II

APPROVAL SHEET …………………………………………………………………………………III

ACKNOWLEDGMENT…………………………………………………….......................................IV

TABLE OF CONTENTS…………………………………………………………………………......V

Chapter

1 INTRODUCTION

Background of the study…………………………………………………………………………….

Significance of the Study…………………………..……………………………………………….

Scope and Delimitation of the Study………………...………………………………………….….

2 MARKETING ASPECT

Service Description………………………………………………………………….……………..

Distribution of Respondent………………………………….………………………………..……

Table for Projected Supply……………………………………………………………….………..

Demand Supply Analysis……………………………………………………………………..........

Factors Affecting the Market…………………………………….....................................................

Marketing Program…………………………………………...……………………………………

3 MANAGEMENT ASPECT

Basic Considerations…………………………………………………………………………….…..

Assumptions………………………………………………………………………………………....

Organizational Structure………………………………………………………………………….....
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Employees Remuneration………………………………………...................................................

Schedule of Work…………………………………………………...............................................

Labor Requirements ………………………………..……………………………………………

4 TECHNICAL ASPECT

Project Description………………………………………………………………………………

Desirability of Location……………………………………………............................................

Preparation of the Ground……………………………………………………………………....

Waste Disposal……………………………………………………..............................................

Procedures to make Dried fish…………………………………...................................................

5 FINANCIAL ASPECT

Equipments and Buildings…………………………………………………………………….

Projected Income Statement…………………………………......................................………

Projected Cash Flow Statement………………………….……...............................................

Projected Balance Sheet………………………………………………………………………

6 SOCIO ECONOMIC ASPECT

Qualitative Effects……………………………………………….............................................

Quantitative Effects…………………………………………………………………………...

The Wage of the Laborer……………………………………………………………………..

Total Salaries of Employees………………………………………………………………….

BIBLIOGRAPHY………………………………………….……………………………………………

APPENDICES……………………………………………………………………………………………

CURRICULUM VITAE.............................................................................................................................
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CHAPTER 1
INTRODUCTION

I. Background of the Study

Given that it grows rapidly, bamboo is a choice that is good for the natural world. Bamboo's life

cycle—as well as its smaller ecological imprint when compared to synthetic materials are frequently

the subject of research. The ways in which using bamboo can help cut carbon emissions and plastic

waste. Bamboo, which has long been utilized in building, furniture, and home products, has lately

gained attention in the fashion sector as an environmentally friendly material for accessories like

purses.

The project investigates about the bamboo bags' potential as a sustainable substitute for traditional

bags or pouches. It looks into consumer perceptions of eco-friendly materials, the robustness and

creative potential of bamboo products, and the opportunities and problems associated with

mainstreaming bamboo bags in international markets. It addresses urgent environmental issues and

encourages sustainable innovation. The fashion industry's carbon footprint may be significantly

reduced by using bamboo bags, and this study will add to the expanding body of knowledge on the

development of environmentally friendly products.

An alternative to plastic and synthetic materials are bamboo bags, which can be made from

bamboo structural parts or woven from bamboo fibers. By encouraging renewable resources, these

bags stimulate a circular economy in addition to lowering dependency on dangerous substances.

In support to the idea of bamboo thread, it finds out the mechanical properties, laminated

bamboo composites (LBCs) made of fiberglass matting and Apus bamboo (Gigantochloa apus). The

outcome shown that a thinner bamboo lamina with more bamboo layers might be used as a solution

to improve the strength qualities of LBCs.

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The bag or pouch market is fiercely competitive, with existing companies struggling to keep

up due to product flaws like moisture sensitivity, which significantly impacts quality and customer

satisfaction. High production costs, stemming from inefficient manufacturing processes and the use

of inferior materials, further hinder their ability to compete effectively. These elevated costs make it

difficult for companies to offer competitive pricing, leading to reduced profit margins and a weaker

market position.

Bagboo offers a refreshing alternative with its unique blend of high material quality,

fashionable design, eco-friendliness, and antimicrobial properties. The superior quality of bamboo

ensures durability and longevity, while its sustainable nature and antimicrobial properties enhance

practicality and reduce environmental impact. This combination sets Bagboo apart from the

competition, positioning it as a valuable addition to the market.

Furthermore, bamboo is a highly sustainable resource, growing rapidly without the need for

pesticides or excessive water, thus reducing the environmental footprint. Its natural antimicrobial

properties help keep the bags hygienic and odor-free, enhancing their practicality. Bagboo embodies

a perfect balance of style, sustainability, and functionality, making it a valuable addition to the market.

By addressing the shortcomings of existing bag companies, Bagboo offers a compelling

solution for consumers seeking quality, responsible, and aesthetically pleasing bags. Its unique

combination of features positions it as a strong contender in the competitive market, appealing to

environmentally conscious consumers who value both style and functionality.

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II. Vision, Mission, Objectives

Vision

The Bagboo Manufacturing Business aims to create stylish and durable bags made from

sustainable bamboo. The sustainable products offer quality and cost-efficient products that make a

difference for the nation and everyday life.

Mission

The mission is to entirely revolutionize the fashion business by providing bamboo bags that

are long-lasting, fashionable, and innovative while also being environmentally friendly. It dedicated

to using sustainable bamboo resources and encouraging ethical production methods in order to reduce

plastic waste and promote a more sustainable future.

Through the creation of sophisticated, useful, and environmentally conscious designs that

appeal to people who care about the environment, we aspire to promote conscious purchasing. It aims

to use our products to support local craftsmanship, have a long-lasting beneficial environmental

impact, and help the global fashion industry transition to a more environmentally friendly one.

Objectives

To benefit on the growing demand for sustainable fashion while promoting environmental

sustainability through the use of eco-friendly materials. The goal of this company should be to

provide distinctive, quality bamboo bags that appeal to a wide range of customers by fusing style,

utility, and durability. Promoting design innovation and providing fashionable, modifiable goods

that satisfy a wide range of consumer tastes is another vital goal. Creating a unique brand identity

that emphasizes fair

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trade and ethical production methods is crucial for retaining customers over the long run and standing

out in the marketplace.

III. Significance of the Study

The research on bamboo bags is noteworthy for a number of reasons, emphasizing its effects on the

environment, the economy, and society. This project will provide various methods, techniques, and

modern strategies that can give a big help for those people or individuals who are really interested to put-

up this kind of business.

To the bamboo farmers, it will give those means/ways financially, which they can use to continue

their planting activity thereby providing the needs of their families. In the center of the bamboo supply

chain are bamboo farmers. Farmers now have more chances to enhance their standard of living and ensure

a consistent income due to the growing demand for bamboo bags. Farmers profit from the increasing

demand for environmentally friendly items by growing and providing bamboo used to make bags.

Additionally, this can result in the growth of rural economies, especially in areas where bamboo grows

widely.

To the community, it can help local artisans and workers gain employment opportunities in the

production and sale of bagboo, which can uplift the local economy, reduce poverty, and enhance

livelihoods, especially in rural areas. It adopts sustainable practices, it could lead to a ripple effect of

greener habits and environmental preservation.

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To the researcher, it will provide his additional knowledge and methods on how this business

worked. It allows the researcher to gain in-depth knowledge and expertise in their field, deepening them

understanding of the subject matter and opening up opportunities for further studies or career

advancement.

To the readers, that lies in the valuable insights it provides into sustainability, entrepreneurship,

and innovation. It will provide them new information and ideas on the economic contribution of the

project and employment that it could offer to those who want to be in the business. It educates on the

importance of supporting sustainable businesses that prioritize ethical production and contribute to

reducing waste.

IV. Scope and Delamination

Problem: This study will focus on the manufacturing of Bagboo to the community of Puerto

Princesa City that is safe, durability, quality and can be use conveniently by using environmental friendly

product based.

Focus: Bamboo bags is to provide an eco-friendly alternative to plastic and other harmful

materials that are commonly used for bags or pouches.

Locale: This study will be located at Palawan National School, Barangay Manggahan, Puerto

Princesa City.
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Population: The respondents of this study were composed of environmental conscious consumer,

and Individuals with a Fashion Forward Mind-set, the Science Technology, Engineering and Mathematics

students of Palawan National School, Barangay Manggahan, Puerto Princesa City, Palawan

Duration: This study was started in August, 2024 and was completed in November 15, 2024.

V. Definition of Terms

These are the comprehensive words to define under the given study:

Artisan - A skilled worker who makes products by hand. In the context of the bamboo bag project,

artisans are the individuals responsible for crafting the bags using traditional techniques.

Bamboo- A fast-growing, renewable grass species that is widely used in construction, furniture,

and sustainable products. In the context of this project, bamboo refers to the primary raw material used to

create eco-friendly bags.

Bamboo Bag - A type of bag made from bamboo fibers or bamboo-based materials, designed as

a sustainable alternative to traditional bags made from plastic, leather, or synthetic fabrics. Bamboo bags

are known for their environmental benefits, durability, and aesthetic appeal.

Biodegradable - A material capable of being broken down naturally by microorganisms and

absorbed into the environment without causing harm. Bamboo is biodegradable, making bamboo bags an

environmentally friendly option that decomposes faster than synthetic materials.

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Carbon Footprint - The total amount of greenhouse gases produced directly or indirectly by

human activities, expressed in equivalent tons of carbon dioxide. Bamboo bags help reduce the carbon

footprint by using sustainable materials that require less energy to produce.

Circular Economy - An economic system aimed at minimizing waste and making the most of

resources by reusing, repairing, and recycling materials. The use of bamboo in bag production aligns with

the principles of a circular economy, as bamboo is biodegradable and its lifecycle can be part of a

sustainable process.

Consumer Behavior - The study of how individuals select, purchase, use, and dispose of goods

and services.

Craftsmanship - The skill and quality of work involved in making something by hand. In this

project, craftsmanship refers to the traditional or artisanal techniques used by workers to create bamboo

bags, emphasizing durability, aesthetics, and quality.

Eco-Friendly - Products or practices that are not harmful to the environment. Bamboo bags are

considered eco-friendly because bamboo is a renewable resource, and the production process generates

less waste and pollution compared to conventional materials.

Ethical Fashion - A movement in the fashion industry that emphasizes the ethical treatment of

workers, sustainable production methods, and the use of environmentally friendly materials.
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Fair Trade - A movement promoting fair prices and ethical treatment of producers and workers

in developing countries. In the context of bamboo bags, fair trade practices ensure that bamboo farmers

and artisans receive fair wages and work in safe, ethical conditions.

Plastic Pollution - The accumulation of plastic products in the environment, causing harm to

wildlife, ecosystems, and human health.

Renewable Resource - A natural resource that can be replenished over time through biological

or ecological processes. Bamboo is a renewable resource, growing quickly and regenerating without the

need for replanting.

Supply Chain - The sequence of processes involved in the production and distribution of a

product. In this project, the supply chain includes bamboo farmers, producers, artisans, and retailers

involved in creating and distributing bamboo bags.

Sustainability -The ability to meet the needs of the present without compromising the ability of

future generations to meet their own needs.

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CHAPTER 2
MARKETING ASPECT

In this chapter the kind of service demand, supply, historical supply, projected demand, demand

and supply analysis are described, indicated and service description.

“BAMBOO THREAD INTO A MINI-BAG: A MANUFACTURING BUSINESS“, will be

focus on providing tangible product into the market.

PRODUCT DESCRIPTION

Our product, the Bamboo Thread: Into Mini-Bag is an eco-friendly, durable, and stylish choice

for environmentally conscious customers. This project is a manufacturing business. Crafted from

sustainable bamboo, this bag not only offers a chic and modern look but also promotes a greener lifestyle.

Its robust construction ensures long-lasting use, making it a practical addition to any wardrobe. The

Bamboo Thread: Into Bag for a blend of sustainability and fashion. The product is ideal for shopping, day

trips, or as a unique statement piece with a good durability.

SAMPLE SIZE

The researcher used the PAGOSO Formula in getting the sample size.

n= N
(1 + Ne2)

Where:
n: Sample size needed
N: Population size
e: Acceptable margin of error
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TABLE 1.A
Palawan National Schol STEM Students Respondents
STEM Students No. of Respondents n (5%) %
Grade 11 400 20 47
Grade 12 450 23 53
Total 850 43 100

Table 1.A: In this table it provides a breakdown of STEM students by grade level, with a total of 850

students were in 400 from Grade 11 STEM and 450 students for Grade 12 STEM, showing the number

of respondents, the number representing 5% of each group with a total of 43, and the percentage of the

total respondents with hundred percent.

TABLE 2.A

Total Number of Supply

Bamboo bag
manufacturer No. Of manufacture n (50%) %
Bgy. San Jose 2 1 25
Bgy. San Miguel 1 1 13
Bgy. Santa Monica 5 3 63
Total 8 4 100

Table 2.A: In this table it provides a summary of bamboo bag manufacturers across three barangays,

detailing the number of manufacturers, the number representing 50% of each group, and the percentage

of the total manufacturers. The total number of manufacturers of bamboo supplier at Puerto Princesa City.

There are 2 from the Barangay San Jose with (25%) of a total bamboo supplier. In Barangay San Miguel

there are 1 or (13%) of a bamboo supplier, were in in the Barangay Sta. Monica a total of 5 or (63%) are

the supplier of the bamboo. A total of 8 manufacturer with a four (4) target market or one hundred percent

(100%) from the selected barangay.

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FORMULA: n = N

(1 + Ne2)

Where:
n= sample size
N= population
1= constant
e= level of significance

TABLE 3.A

Historical Demand

Year Time(x) y xy x²
2020 1 9970 9970 1
2021 2 10494 20989 4
2022 3 11047 33140 9
2023 4 11628 46512 16
2024 5 12240 61200 25

Table 3.A: In this table, we show the historical demand for bamboo bags from 2020 to 2024. The

total sample size respondents is 43, which is multiplied by 6 days, 4 weeks, and 12 months to arrive at the

historical demand of 12,240 in 2024. The demand increases annually by 5%. The columns include the

year, time period (x), demand (y), the product of time and demand (xy), and the square of the time period

(x²). illustrates the steady increases in demand each year by 5%, reflecting the historical trend in reverse.

The calculations for xy and x² are consistent with this trend, showing an increase in demand over the five-

year period.

Note: 5% increase per year

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TABLE 3.B

Projected Demand

Year Demand
2024 12240
2025 12852
2026 13495
2027 14169
2028 14878

TABLE 3.B: The table represents projected demand data from 2024 to 2028, with 5% annual

increase. Starting with a demand of 12,240 units in 2024, the demand increases each year by 5%. This

results in a demand of 12,852 units in 2025, 13,495 units in 2026, 14,179 units in 2027, and 14878 units

in 2028. This steady growth reflects a consistent annual increase, illustrating the impact of a 5% growth

rate on demand over the five-year period.

TABLE 4.A

Historical Supply

Year Time (x) y xy x²

2020 1 938 938 1

2021 2 988 1,975 4

2022 3 1,040 3,119 9

2023 4 1,094 4,378 16

2024 5 1,152 5,760 25

TABLE 4.A: The table shows the historical supply of bamboo bags from 2020 to 2024, with a

5% annual increase. The columns include the year, time period (x), supply quantity (y), the product of

time and supply (xy), and the square of the time period (x²). The total sample size of suppliers is 4, which
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is multiplied by 6 days, 4 weeks, and 12 months to arrive at the historical, the supply increase 5%. This

results in values of 938 units in 2020, 988 units in 2021, 1,040 units in 2022, and 1,094 units in 2023.

This steady increases is reflected in the corresponding calculations for xy and x², illustrating a clear

upward trend in supply over the five-year period.

Note: 5% increase per year

TABLE 4.B

Projected Supply

Year Supply

2024 1,152

2025 1,210

2026 1,270

2027 1,334

2028 1,400

TABLE 4.B: The table shows the projected supply of bamboo bags from 2024 to 2028, assuming

a consistent annual increase of 5%. The columns include the year and the supply quantity. Starting with

a supply of 1,152 units in 2024, the supply increases annually by 5%. This results in values of 1,210 units

in 2025, 1,270 units in 2026, 1,334 units in 2027, and 1,400 units in 2028. This steady growth illustrates

a clear upward trend in supply over the five-year period, reflecting the impact of a 5% annual increase.
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TABLE 5

Demand and Supply Analysis

Projected Market share

Year Projected demand supply Market gap 50%
2024 12240 1152 11088 5544
2025 12852 1210 11642 5821
2026 13495 1270 12225 6112
2027 14169 1334 12836 6418
2028 14878 1400 13478 6739

TABLE 5: In this table it shows the analysis of the demand and supply of the bamboo bag from

2024 to 2028. The demand and supply analysis for bamboo bags from 2024 to 2028 shows a consistent

increase in both projected demand and supply each year. However, the demand exceeds the supply,

resulting in a market gap that also grows annually. The market share at 50% of the market gap also

increases each year, reflecting the growing unmet demand in the market. This analysis highlights the need

for further scaling up production to meet the rising demand for bamboo bags. This analysis highlights the

need for increased production to meet the growing demand and reduce the market gap.
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Chapter 3

MANAGEMENT ASPECT

The name of the business is “BAGBOO” which will be located near at Palawan National School,

Barangay Manggahan, Puerto Princesa City to attract eco-friendly custom.

The project will be using a sole partnership kind of business because the researchers will only

choose one owner who will manage and produce capital for the business.

Basic Considerations

The business purposes are to gain more profit, encourage using ecofriendly products, practice a

sustainable lifestyle to generate income, and to help the town by paying taxes regularly and to help other

people through employment.

Assumptions

1. The capital of the business 2,500,000.00 pesos.

2. The area size of the business will be 8x7.

3. The Location will be at Palawan National Schoool, Barangay Manggahan, Puerto Princesa City.
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Organizational Chart

Job Description:

Owner/Manager

⮚ The owner/\manager is the one who is responsible in hiring new employees for vacant

positions. Each applicant will undergo in an interview to make sure that they are

qualified for the following job the applicant must comply all the requirements needed

during interview.

Cashier

⮚ Provides friendly and efficient customer service by processing transactions, handling cash

and credit card payments, and assisting customers with questions or concerns and

preparing financial reports for the Owner/Manager.

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Sewer

⮚ Responsible for turning the raw materials into a mini-bag, interprets sewing patterns and

instructions, and maintains a clean and organized work area.

Assistant Sewer

⮚ Responsible for supporting the lead sewer in the production of bamboo bags. This role

involves helping with sewing tasks, preparing materials, and ensuring the quality of

products throughout the production process.

Utility Worker

⮚ Responsible for variety of tasks related to the maintenance and upkeep of the facility. They

maintain clean restrooms and common areas, and perform minor repairs such as replacing

light bulbs and fixing leaks. They also move equipment as needed.

Inventory Specialist

⮚ Manages and maintains the company's inventory, ensuring that products are available

when needed and that stock levels are optimized. They also track inventory levels and

prepare reports.

Job Specification

Manager

⮚ Has a leadership skills in terms of the circulation of the company

⮚ Good at communication skills in motivating all employees involved

⮚ Good Decision Maker in creating both strategic and tactical plans

⮚ Good in Analyzing in Financial Mattered

Inventory Specialist

⮚ Can accurately track and count inventories.

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⮚ Can prepare Inventory reports.

⮚ Organized and very attentive to details of the Bagboo Production

Cashier

⮚ Must be good in dealing in costumer.

⮚ Industrious, honest and responsible in his work.

⮚ Have experience in working of financing.

⮚ Can make financial reports.

⮚ Has basic mathematics skills to solve the prices appropriately.

Sewer

⮚ Has a good sewing skill.

⮚ Has a sense of fashion.

⮚ Good at maintaining a clean environment

⮚ Has a basic technical skill in terms of the production

⮚ Physically capable in doing heavy things

Assistant Sewer

1. Assist the lead sewer in quality-based products

2. Has a basic technical skill in terms of the production

3. Contribute of positive and collaborative team

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Schedule of Salaries

Position Per Day Per Month (24 days) Per Year (288 days)

Manager P 450.00 P 10,800.00 P 129,600.00

Inventory Specialist P 400.00 P 9,600.00 P 115,200.00

Cashier P 400.00 P 9,600.00 P 115,200.00

Main Sewer P 390.00 P 9,360.00 P 112,320.00

Assistant Sewer P 380.00 P 9,120.00 P 109,440.00

Assistant Sewer P 380.00 P 9,120.00 P 109,440.00

Utility Worker P 370.00 P 8,880.00 P 106,560.00

Total: P 2,760.00 P 66,480.00 P 797,760.00

In this table it shows the Schedule of Salaries table for the Bagboo Production Company outlines

the earnings of each employee daily, monthly, and annual compensation. The manager holds the highest-

paying position, earning P450.00 daily, which translates to P10,800.00 monthly (P500.00 x 6 days x 4

weeks) and P129,600.00 annually (P10,800.00 x 12 months). On the other hand, the Utility Worker earns

the lowest salary at P370.00 per day, totaling P8,880.00 monthly and P106,560.00 annually. The table

also details the salaries for other positions like Inventory Specialist, Cashier, Main Sewer, and Assistant

Sewer, providing a comprehensive schedule of the company's compensation process.

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Schedule of Work

The manager's official time will be from 8:00 am to 5:00 pm. The start of work for each worker

will be 8:00 am to 5:00 p.m. And the working days will be from Monday to Saturday. The manager will

be the one to set up the day-off of the personnel. All employees/workers are allowed to take leave if it is

necessary or having a valid reason, provided such leave do not interfere the major operation of the

business.

Labor Requirement

The owner\manager is the one who is responsible in hiring helper and utility. Each applicant will undergo

in an interview to make sure that they are qualified for the following job the applicant must comply all the

requirements needed during interview.

If there is overtime work may be required on regular days or holidays based on operational needs.

Employees will be notified in advance whenever they need to overtime.

Overtime on regular days is paid at 1.25 times the regular hourly rate (25% increase), while holiday work

is paid double the regular hourly rate (100% increase).

Employees scheduled to work on a designated holiday but not required to work will still receive their

regular daily rate as holiday pay. Employees should notify their supervisor in advance if they are unable to work

overtime or holiday hours, and reasonable exceptions is granted.

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Chapter 4
TECHNICAL ASPECT
In this chapter, the construction design, laboratory, materials and power and other technical factors

are discussed.

Business Description

The business name will be “Bagboo Manufacturing Business”. This study will help the locality

answer the demand for consumers which are increasingly choosing eco-friendly products, and bamboo is

a renewable, biodegradable resource. Bamboo bags offer a sustainable alternative to plastic and synthetic

materials, appealing to those who prioritize environmental responsibility. Crafted by skilled hands from

locally sourced bamboo, each bag merges tradition with modern design, showcasing the rich cultural

heritage and craftsmanship of our area. These eco-friendly bags are versatile, durable, and stylish, making

them perfect for environmentally-conscious consumers seeking sustainable alternatives. By choosing

these bags, customers support the local economy and empower artisans, creating a positive cycle of

economic growth and environmental stewardship in the community. This project not only fosters local

employment but also reinforces the importance of eco-conscious choices in daily life.

A. Raw Materials

PICTURE ITEM DESCRIPTION

Bamboo A complex, woody stemmed

perennial grass belonging to

family Poaceae. The portion

of bamboo below the ground

level is called rhizome, which

forms the vital source for its

perennial growth. Bagboo

bags are crafted from

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sustainably sourced bamboo, a

material renowned for its

strength, durability, and

natural beauty. We select fast-

growing, renewable bamboo

species, ensuring responsible

and eco-conscious production.

Bamboo's inherent strength

makes our bags lightweight

yet durable, while its natural

resistance to moisture,

mildew, and insects

guarantees longevity. Each

piece boasts unique grain

patterns and warm, earthy

tones, creating a timeless and

sophisticated aesthetic.

Choosing bamboo reflects our

commitment to sustainability,

offering a stylish and

environmentally responsible

alternative to traditional

materials.

Black Cotton Fabric Cotton Fabric, a natural

material made from cotton

plant fibers, is valued for its

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softness, breathability and

durability, making it an

excellent choice for a wide

range of textiles. Its

hypoallergic properties ensure

it is gentle on the skin, while

its absorbent nature helps

manage moisture effectively.

In bamboo pouches, cotton

fabric is often used as a lining

to add softness, durability, and

structure. This enhances the

pouch’s breathability, making

it ideal for storing personal

items like cosmetics, and

toiletries, as it keeps them dry

and fresh. By incorporating

cotton fabric, bamboo

pouches offers a practical,

reusable, and eco-friendly

option for everyday storage

needs.

Commercial Sewing Thread Commercial sewing thread is

a specialized type of thread

used for stitching fabric,

leather, or other materials in

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various industries. It is

engineered to withstand the

rigors of industrial sewing

machines and high-production

environments, offering

durability, strength, and

consistency.

Zipper A zipper is a fastening device

consisting of interlocking

teeth, a slider, pull tab, and

stop, used for secure and

convenient closure. Zippers

provide secure closure, easy

access, durability, and

aesthetic appeal to bamboo

pouches, making them

versatile and practical.

Bamboo Fiber Thread Bamboo fiber thread, made

from bamboo cellulose, is

eco-friendly, soft, durable,

and naturally antibacterial. Its

breathability and moisture-

wicking properties make it

ideal for sustainable products

like bamboo pouches, which

are perfect for storing

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cosmetics, toiletries, etc.

These pouches are

comfortable, reusable, and

offer a safe, eco-friendly

alternative to single-use bags.

B.Production Process

B.1 Thread Process

Process Picture

• The bamboo is cut into smaller pieces

(Strips)

• The bamboo strips are soaked in water

and baking soda to soften the fibers

(This can help facilitate the extraction)

• After soaking for 1 week remove it to

the water.
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• The strips are cleaned to remove any

remaining bark or impurities.

• The bamboo strips are dried to reduce

moisture content, which helps in

preserving the material and preventing

mold.

• The dried strips may be further split

into finer threads or fibers, depending

on the intended use.

• Finally, the bamboo threads can be

spun together to create yarn or left as

individual threads for weaving or

knitting the bag.

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B.2 Bag process

Process Picture

Once the thread is ready, it is cut into the

desired shapes and sizes for the bag. This

includes pieces for the main body, straps and

any additional compartments.

The cut fabric pieces are sewn together to

form the bag. This can involve various

stitching techniques to ensure durability.

Any finishing touches, such as adding

closures (zippers, buttons) or embellishments,

are applied. The edges may be hemmed or

reinforced.

The finished bags undergo quality checks to

ensure they meet standards for durability and

craftsmanship.

Finally, the bags are packaged for

distrubution or sale.
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B. Location of the Business

The project location will be near at Palawan National School, Lacao Street, Barangay Manggahan,

Puerto Princesa City.

C. Perspective of the Building

D. Building Structures
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The signage shows that the store will be open during 9:00AM until 5:00PM from Monday to Saturdays,

located at near at Palawan National School, Lacao Street, Barangay Manggahan, Puerto Princesa City.

Area 1:

Floor Area: 17.8m2 Perimeter: 14.4m

Wall Area: 33.6m2 Volume: 43.4m3

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Area 2:

Floor Area: 8.80m2 Perimeter: 11.8m

Wall Area: 27.2m2 Volume: 21.5m3

E. Equipment’s

Cash register: is a mechanical or electronic device for registering and calculating transactions at a point of sale.

The cash register will be a secure and reliable system designed to manage cash sales efficiently and safely. It will

feature a user-friendly interface, making it easy for our cashier to process transactions quickly and accurately.

The cash register will also include a secure drawer to protect cash and valuable items, ensuring the safety of our

funds. With its advanced features and robust security measures, this cash register will be an essential tool for

managing our finances and ensuring the smooth operation of the shop.

Ceiling fan: A ceiling fan is a fan mounted on the ceiling of a room or space, usually electrically powered, that

uses hub-mounted rotating blades to circulate air. The store will feature a modern and efficient ceiling fan to keep

the space cool and comfortable for customers and staff. The fan will be strategically placed to ensure optimal air

circulation throughout the shop. In the back workspace, we'll install another ceiling fan to provide a comfortable

working environment for our artisans. Both fans will be energy-efficient and quiet, creating a pleasant and

productive atmosphere for everyone.

Hand saw: a tool that has a long or round blade with sharp points, for cutting hard materials such as wood. We'll

be using high-quality hand saws to cut the bamboo for our bagboo products. These saws will be sharp and durable,

designed to make clean and precise cuts through the tough bamboo material. The saws will be comfortable to

grip and use, ensuring our artisans can work efficiently and safely. These reliable hand saws will be essential

tools for creating the unique and beautiful shapes that define our bagboo creations.

Thermal receipts printer: works via direct contact between the thermal head which contains small, heated

elements and heat-sensitive thermal paper. We'll be using a reliable thermal receipt printer to generate clear and

durable receipts for our customers. This printer will be fast and efficient, ensuring a smooth checkout process.
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The thermal technology will produce receipts that are smudge-proof and fade-resistant, providing our customers

with a lasting record of their purchases. The compact design of the thermal receipt printer will fit seamlessly into

our cash register setup, minimizing space requirements and maximizing efficiency.

F. Furniture

Cabinet table: The cash register will be housed in a sturdy and functional cabinet table. This multi-purpose piece

of furniture will not only provide a secure and organized space for the cash register, but it will also offer ample

storage for office supplies. The cabinet will be made from durable materials that can withstand everyday use, and

it will feature a clean and modern design that complements the overall aesthetic of the shop. This practical and

stylish cabinet table will ensure a well-organized and efficient workspace for our cashier.

Ordinary table: The workers' table will be a sturdy, functional workspace designed specifically for crafting with

bamboo. It will be large enough to accommodate multiple workers comfortably, with ample space for spreading

out bamboo strips, tools, and finished products. These will be made from durable materials that can withstand the

wear and tear of working with bamboo, and it will be easy to clean and maintain, ensuring a clean and efficient

workspace for our skilled artisans.

Plastic Chair: The cashier's chair will be a comfortable, adjustable-height seat with back support and plush

padding, ensuring the cashier remains comfortable and supported throughout their long hours of customer

interaction. In the back, we'll provide three durable, stackable chairs for workers to take breaks or work on tasks

while seated. These chairs will be comfortable, easy to clean, and able to withstand daily use, providing a

convenient and practical seating option for our hardworking team.

G. Store Supplies

Ballpen: a pen that has a small metal ball as the point of transfer of ink to paper.

Mirror: is a reflective surface that bounces off light, producing either a real image or a virtual image. We'll have

a strategically placed mirror near the bag display area, allowing customers to easily see how a bag looks on them.

The mirror will be full-length, providing a clear reflection from head to toe, so customers can get a good sense

of the bag's size and style in relation to their own body. The mirror will be framed in a simple, elegant style that
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complements the overall aesthetic of the shop, creating a welcoming and inviting atmosphere for customers to

try out our bagboo creations.

Paper Bag: is a bag made from paper, typically kraft paper, known for its eco-friendliness. These bags are

biodegradable and recyclable. We’ll use paper bags as packaging and presenting bamboo bags to customers. They

enhance the eco-friendly image of the business and provide a sustainable packaging solution. Custom-branded

paper bags can also serve as a marketing tool, promoting the brand.

Paper Receipts: a piece of paper that you get from someone as proof that they have received money or goods

from you. We'll keep a supply of extra paper receipts readily available for those times when the thermal printer

runs out of paper. These extra receipts will be of the same high quality as the thermal receipts, ensuring clarity

and durability. They will be stored in a designated area near the cash register, making them easily accessible for

our cashier in case of an emergency. Having these extra paper receipts on hand will ensure a smooth and

uninterrupted checkout process for our customers, even if the thermal printer runs out of paper.

Scissors: are a small cutting tool with two sharp blades that are screwed together. It is use for cutting things such

as paper and cloth. We’ll be using scissors for cutting bamboo thread, any excess thread and other materials used

in bag production. Precision cutting ensures that each piece fits perfectly, contributing to the overall quality and

finish of the bags.

Trash Can: is a container used to hold waste until it can be disposed of. They are usually made of metal or

plastic and come in various sizes and designs. We’ll use trash cans for maintaining a clean and organized

workspace. They help manage waste materials such as bamboo scraps, Bamboo. Thread offcuts, and packaging

waste. Proper waste management ensures a tidy production area and supports sustainable business practices by

facilitating recycling and proper disposal.

Wood hanger: To showcase our beautiful bagboo creations, we'll be using wooden hangers. These hangers will

be made from sustainably sourced wood, adding a touch of natural elegance to our display. The hangers will be

designed with a sturdy construction, capable of securely holding our bagboo bags without any risk of slippage or
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damage. The smooth, polished finish of the wooden hangers will complement the natural textures of our bagboo

products, creating a visually appealing and cohesive display. These unique and eco-friendly wooden hangers

will add a touch of artistry to our shop, enhancing the overall presentation of our bagboo creations.

H. Utilities

Electricity is used for lighting because it’s necessary for workers to perform their tasks efficiently and

safely and maintaining the right temperature and humidity levels in the production area is important to ensure the

quality of the bamboo and the final products. Electric fan and other equipment that also rely on electricity to

function.

Ceiling Fans: Each ceiling fan typically consumes around 75 watts per hour. If you use two fans for 8

hours a day, that's 1.2 kWh per day per fan, or 2.4 kWh for both fans. Monthly, this would be 72 kWh.

Lights: The power consumption of lights varies, but let's assume you use 10 10-watt LED bulbs for 5

hours a day. This would be 0.5 kWh per day, or 15 kWh per month.

Total Consumption: Adding the fans and lights, you get 87 kWh per month.

Electricity Rate: The rate in Palawan is around ₱9.744 per kWh. So, your monthly bill would be

approximately ₱847.28.

Water: The average water bill in Palawan is around ₱320 per month for households with piped water

access. Water is used for treating bamboo to prevent pests and mold and soaking the bamboo in water or a water-

based solution for softening the bamboo strips. Water is used to clean the bamboo and other materials before they

are processed into bags. If the bamboo bags are dyed, water is used in the dyeing process to mix dyes and rinse

the materials.
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I. Rental

The rental cost for the Bagboo Manufacturing Company's store is P2,500.00 per month, offering a budget-

friendly option for start-ups.

J. Desirability of Location

The City of Puerto Princesa has many opportunities and advancements, particularly in the area of

bamboo's high output and lengthy longevity.

Preparation of the Ground

The disposal of waste will be provided by means of putting compost pit behind the warehouse which are

good in living planet. It has also a trash can to be provided inside and outside the warehouse. It is to be collected

by the garbage truck. Light materials will be used in the construction of the warehouse.

Opening of Store: from Monday to Saturday

Buying time: Morning to Afternoon (9:00 AM-12:00 NN 1:00 PM- 5:00 PM)

Source of Needed Materials

The need materials will be purchased from the local Bamboo Industry at Sta. Monica, Puerto Princesa.

Prospective Customers and Suppliers

The target Suppliers are those bamboo farmers who want to sell their bamboo. Instead of selling it to the

market or to buyers who are far from the manufacturing business, they can sell it to the business with less effort

and expenses.

The target customers are those businesses who sell bamboo products who want to buy the product. The

business will set an agreement to make sure that they will only buy their items to the said business.
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K. Operational Expense

Schedule 1

Furniture

Description Quantity Unit price Amount

Plastic Chairs 4pcs 300.00 1200.00

Ordinary Table 1pc 1200.00 1200.00

Table Cabinet 1pc 2000.00 2000.00

Clothes Racks 3pc 900.00 2700.00

Wooden Cabinet 2pc 3,200.00 6,400.00

TOTAL 13,500.00

This schedule outlines the estimated cost of furniture for the Bagboo Manufacturing Business. It includes

items such as plastic chairs, tables, cabinets, and clothes racks. The total estimated cost for furniture is

₱13,500.00.

Schedule 2

Equipment and Facilities

Description Quantity Unit Price Amount

Ceiling Fan 2pcs 2500.00 5000.00

Thermal receipt printer 1pc 300.00 300.00

Cash Register 1pc 2000.00 2000.00

Hand saw 2pc 180.00 360.00

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Wooden handloom 1pc 1,023 1,023.00

machine

TOTAL 8,683.00

This schedule lists the estimated cost of equipment and facilities required for the Bagboo Manufacturing

Business. It includes items like ceiling fans, thermal receipt printers, cash registers, and hand saws. The total

estimated cost for equipment and facilities is ₱8,683.00.

Schedule 3

Store/ Office Supplies

Description Quantity Unit Price Amount

Ball pen 3pcs 6.00 18.00

Receipt 3pcs 50.00 150.00

Scissor 2pcs 50.00 100.00

Plush padding 1pcs 180.00 180.00

Paper Bag 900pcs 2.50 2250.00

Trash Can 1pcs 220.00 220.00

Stapler 2pcs 45.00 90.00

Staples 1 box 80.00 80.00

Calculator 1pc 130.00 130.00

Mirror 1pc 350.00 350.00

TOTAL 3,568.00
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This schedule details the estimated cost of various store and office supplies needed for the business. It

includes items like pens, receipts, scissors, plush padding, paper bags, trash cans, staplers, staples, calculators,

mirrors, crochet hooks, and wood hangers. The total estimated cost for store/office supplies is ₱3,568.00.

Schedule 4

Rent Expense

Description Monthly Rent Amount Per Year

Rental 2,500.00 30,000.00

Total: 2,500.00 30,000.00

This schedule outlines the estimated monthly and annual rent expense for the Bagboo Manufacturing

Business. The monthly rent is ₱2,500.00, resulting in an annual rent expense of ₱30,000.00.

Schedule 5

Utility expense

Description Monthly Per Year

Electric Bill 900.00 10800.00

Water Bill 320.00 3840.00

TOTAL 1220.00 14,640.00

This schedule details the estimated monthly and annual utility expenses for the business. It includes

electricity and water bills. The total estimated monthly utility expense is ₱1,220.00, resulting in an annual utility

expense of ₱14,640.00.
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Schedule 6

Salaries and Wages

Rate of Estimated Monthly Per Year

Compensation

Manager 450.00/day 10,800.00 129,600.00

Inventory Specialist 400.00/day 9,600.00 115,200.00

Cashier 400.00/day 9,600.00 115,200.00

Main sewer 390.00/day 9,360.00 112,320.00

Assistant sewer 380.00/day 9,120.00 109,440.00

Assistant sewer 380.00/day 9,120.00 109,440.00

Utility worker 370.00/day 8880.00 106560.00

Total 66,480.00 797,760.00

This schedule outlines the estimated monthly and annual salaries and wages for the Bagboo

Manufacturing Business. It includes salaries for the manager, inventory specialist, cashier, main sewer, assistant

sewers, and utility worker. The total estimated monthly salary and wage expense is ₱66,480.00, resulting in an

annual expense of ₱797,760.00.

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Schedule 7

Advertising Expense

Description Cost/Month 2024 2025 2026 2027 2028

Advertising 1200.00 14,400.00 15,120.00 15,876.00 16,669.80 17,503.29

Expense

This schedule outlines the estimated monthly and annual advertising expense for the Bagboo

Manufacturing Business. The monthly advertising expense is ₱1,200.00, resulting in an annual expense of

₱14,400.00 for the year 2024. With a projected increase 5% annually from 14,400.00 in 2024 to 17,503.29 in

2028.

Schedule 8

Permit and License Expense

Initial annual Tax 500.00

Mayor’s permit 500.00

Sanitary Business Permit 200.00

Barangay Clearance 100.00

Environmental Fee 150.00

Fire Safety Inspection Fee 200.00

Total: 1,650.00

This schedule details the estimated initial annual tax and other permit and license expenses for the Bagboo

Manufacturing Business. The total estimated initial annual expense is ₱1,650.00.

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Schedule 9

Transportation

Description Cost/Month 2024 2025 2026 2027 2028

Transportation 360.00 4,320.00 4,320.00 4,406.40 4,494.53 4,584.42

Expense

This schedule outlines the estimated monthly and annual transportation expense for the Bagboo

Manufacturing Business. The monthly transportation expense is ₱360.00, resulting in an annual expense of

₱4,320.00 for the year 2024. With a projected increase of 2% from 2026 to 2028.

Schedule 10

Depreciation Expense

Annual

Description Cost Depreciation Amount

Equipment and Facilities 8,683.00 5years 1,736.60

Furniture 13,500.00 5years 2,700.00

TOTAL: 4,436.60

This schedule outlines the estimated annual depreciation expense for the Bagboo Manufacturing

Business. It includes depreciation for equipment and facilities, and furniture. The total estimated annual

depreciation expense is ₱4,436.60.

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Chapter 5
Financial Aspect Financial

Financial aspect aims to a realistic estimation on the capital requirements and means of acquiring adequate

financing in the most reasonable term.

Bagboo manufacturing requires higher capital investment which allow to support our local products from

the Government for the capital.

Projected Costing

Materials Description materials used per

Quantity (Purchased) Price per purchase production Price per Production
Treated Bamboo 2 Meter (2) 20.00 2 40.00
Fabric 1 inches (15x15) 29.00 1 29.00
zipper 1 Pcs (1) 22.00 1 22.00
Thread 1 Pcs (1) 25.00 0.35 8.75
Total materials
Used 5 96.00 4.35 99.75
labor cost 49% 48.88
SRP Price per bag 148.63
Estimated # of production 70 pcs
Sales per Day 10,430.00
Sales per week 62,580.00
Sales per Month 250,320.00
Sales per Year 3,003,840.00

This table shows the suggested retail price of the Bagboo Manufacturing Company
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Projected Income Statement

BAGBOO BUSINESS
PROJECTED INCOME STATEMENT
FOR THE YEAR 2024-2028

2024 2025 2026 2027 2028

Sales 3,003,840.00 3,154,032.00 3,311,733.60 3,477,320.28 3,651,186.29
Purchases 2,059,776.00 2,162,764.80 2,270,903.04 2,384,448.19 2,503,670.60

Cost of Goods sold 2,059,776.00 2,162,764.80 2,270,903.04 2,384,448.19 2,503,670.60

Gross profit 944,064.00 991,267.20 1,040,830.56 1,092,872.09 1,147,515.69

Less: Operating Exp.

Store Supply Exp 42,816.00 44,956.80 47,204.64 49,564.87 52,043.12
Rent Exp. 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00
Utilities Exp. 14,640.00 15,372.00 16,140.60 16,947.63 17,795.01
Salary Exp. 797,760.00 797,760.00 837,648.00 879,530.40 923,506.92
Advertising Exp. 14,400.00 15,120.00 15,876.00 16,669.80 17,503.29
Licenses & Permit Exp. 1,650.00 1,650.00 1,650.00 1,650.00 1,650.00
Transportation Exp. 4,320.00 4,320.00 4,406.40 4,494.53 4,584.42
Depreciation Exp. 4,436.60 4,436.60 4,436.60 4,436.60 4,436.60
Total Operating Exp. 910,022.60 913,615.40 957,362.24 1,003,293.83 1,051,519.36
Net Income Before Tax 34,041.40 77,651.80 83,468.32 89,578.26 95,996.34
Less: Vat 12% 4,084.97 9,318.22 10,016.20 10,749.39 11,519.56
Net Income 29,956.43 68,333.58 73,452.12 78,828.87 84,476.78

This table shows a record of income and expenses relating to the operation of the business.
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Projected cash flow statement:

BAGBOO BUSINESS
PROJECTED CASH FLOW STATEMENT
For the Year 2024-2025

Projected cash flow

statement: 2024 2025 2026 2027 2028

Projected cash flow

statement: 29,956.43 68,333.58 73,452.12 78,828.87 84,476.78
100,000.00 114,956.43 255,500.05 536,142.42 1,097,240.50
Projected cash flow
statement: 4,436.60 4,436.60 4,436.60 4,436.60 4,436.60
0.00 97,210.03 242,190.25 527,269.22 1,092,803.90
Projected cash flow
statement: 134,393.03 284,936.65 575,579.02 1,146,677.10 2,278,957.78

Projected cash flow

statement:
8,683.00 6,946.40 5,209.80 3,473.20 1,736.60
Projected cash flow
statement: 13,500.00 10,800.00 8,100.00 5,400.00 2,700.00
15,000.00 25,000.00 35,000.00 45,000.00 55,000.00
Projected cash flow
statement: 37,183.00 42,746.40 48,309.80 53,873.20 59,436.60
97,210.03 242,190.25 527,269.22 1,092,803.90 2,219,521.18

It shows in detail the sources and uses of business cash fund over a designated period.
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Projected Balance Sheet

It is detailed listing of assets, liabilities and capital accounts showing the financial condition of the

business as of the given period of operation.

Financial Assumptions

1.The operations period of the business is from January 2024 to December 2028.

2. Working Days will be from Monday to Saturday

3. The salary will increase 2% every 3 years of service.

4. The rent expense of the land is amounting P2,500.00 every month and shall increase every 10 years.

5. Repair and Maintenance for building and equipment will also increase 2% every 5th year.

BAGBOO BUSINESS
PROJECTED BALANCE SHEET
FOR THE YEAR 2024-2028

2024 2025 2026 2027 2028

Assets
Cash 97,210.03 242,190.25 527,269.22 1,092,803.90 2,219,521.18

Fixed Assets
Equipment & Facilities 8,683.00 6,946.40 5,209.80 3,473.20 1,736.60
Less: Accumulated Depreciation 1,736.60 1,736.60 1,736.60 1,736.60 1,736.60
Furniture 13,500.00 10,800.00 8,100.00 5,400.00 2,700.00
Less: Accumulated Depreciation 2,700.00 2,700.00 2,700.00 2,700.00 2,700.00
Total Fixed Assets 17,747.40 13,309.80 8,873.20 4,436.60 0.00
Total Assets 114,957.43 255,500.05 536,142.42 1,097,240.50 2,219,521.18

Liabilities & Owners Equity

Owners Capital 100,000.00 114,956.43 255,500.05 536,142.42 1,097,240.50
Cash Beginning Balance 0.00 97,210.03 242,190.25 527,269.22 1,092,803.90
Add: Net Income 29,956.43 68,333.58 73,452.12 78,828.87 84,476.78
Less: Drawings 15,000.00 25,000.00 35,000.00 45,000.00 55,000.00
Ending Capital 114,956.43 255,500.05 536,142.42 1,097,240.50 2,219,521.18
Total Lia. & Owners Equity 114,956.43 255,500.05 536,142.42 1,097,240.50 2,219,521.18
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Chapter 6
SOCIO-ECONOMIC ASPECT

This section discusses the socio-economic effects of Bagboo Manufacturing, evaluating both qualitative

and quantitative impacts on individuals, the community, and the government. The analysis provides insights into

the project's social desirability by examining its contributions to local employment, sustainable practices, and

economic development.

Qualitative Effects

Bagboo Manufacturing is expected to bring significant socio-economic benefits to the locality,

particularly in employment, environmental responsibility, and support for sustainable practices.

A. Individual

Every individual will benefit from this project by offering stable, compensated employment, which

enhances financial security for employees and their families, enabling them to support household needs and

contribute to local commerce. The company also fosters skill development by training its workforce in sustainable

bamboo crafting and eco-friendly production methods, equipping them with valuable, marketable skills that

increase their employability and open opportunities for career growth. Bagboo allows employees to connect their

work with cultural heritage, reinforcing the value of local traditions and enhancing job satisfaction. Together,

these factors foster economic empowerment and personal fulfillment for individuals involved in Bagboo

Manufacturing.

B. Proponents

This study will help and benefit the proponent by providing knowledge, and equipping them with valuable

skills in strategic planning, market analysis, and socially responsible entrepreneurship, all of which lay a strong

foundation for future ventures in sustainable industries.

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C. Community

This study provides and benefits the community by creating local job opportunities, supporting bamboo

farmers, promoting environmental sustainability, and inspiring eco-conscious practices, all of which contribute

to economic growth and foster a culture of environmental responsibility in the community.

D. Government

This study will help the government by generating tax revenue, supporting local economic development, and

aligning with environmental policies, which aids in funding public services and advancing sustainability

initiatives in the community.

Quantitative Effect

This part of the study aims to consider the beneficial factors which can be derived from the business. The

income of the business, rent and the tax to be paid by the firm shall be considered.

Year Net Income from Operation

2024 PHP 75,614.88

2025 PHP 117, 721.03

2026 PHP 125, 690.57

2027 PHP 134, 058.59

2028 PHP 142, 845.01

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Table 1

Table 1 Gender Distribution of Survey Respondents

F % Rank

Female 30 69.76% 1

Male 11 25.58% 2

Prefer not to say 1 2.33% 3

Non-binary 1 2.33%

TOTAL 43 100%

The table shows the results of a survey asking 43 people about their gender. The majority of respondents,

69.76%, identified as female. 25.58% identified as male, while a small percentage identified as non-binary 2.33%

and prefer not to say 2.33%. This suggests that the majority of the respondents in this survey are female.

Table 2

Age Range Distribution of Survey Respondents

F % Rank

15-17 40 93.03% 1

18-20 3 6.97% 2

Under 15 0 0 3

TOTAL 43 100%

The table shows the results of a survey asking 43 people about their age range. The majority of

respondents, 93.03%, fall within the 15-17 age range. 6.97% of respondents are in the 18-20 age range. No

respondents reported being under 15 years old. This suggests that the majority of the respondents in this survey

are teenagers.
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Table 3

Preferred Bag Type Among Survey Respondents

F % Rank

Handbags 20 46.51% 1

Tote bags 12 27.90% 2

Backpacks 11 25.58% 3

Iba pa 0 0.00%

TOTAL 43 100%

The table shows the results of a survey asking 43 people about the type of bags they most often purchase.

The largest portion of respondents, 46.51%, said they most often purchase backpacks. The second largest portion,

27.90%, said they most often purchase tote bags, and the smallest portion, 25.58%, said they most often purchase

handbags. This suggests that backpacks are the most popular type of bag among the respondents.

Table 4

Prior Bamboo Bag Purchase Experience of Survey Respondents

F % Rank

Yes 37 86.05% 1

No 6 13.95% 2

TOTAL 100%

The shows the results of a survey asking 43 people if they have ever purchased a bamboo bag before. The

majority of respondents, 86.05%, said they have never purchased a bamboo bag before, while 13.95% said they

have. This suggests that bamboo bags are not a common purchase among the respondents.
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Table 5

Bag Purchase Frequency of Survey Respondents

F % Rank

Rarely 32 74.42% 1

Every few months 9 20.93% 2

Monthly 2 4.65% 3

Weekly 0 0.00%

TOTAL 43 100%

The table shows the results of a survey asking 43 people how often they purchase bags in general. The

majority of respondents, 74.42%, said they purchase bags rarely. 20.93% said they purchase bags every few

months, and 4.65% said they purchase bags monthly. This suggests that most of the respondents do not purchase

bags frequently.

Table 6

Attractive Design Features in Bamboo Bags

F % Rank

Minimalist design 38 32.48% 1

Spacious 30 25.65% 2

Lightweight 26 22.22% 3

Versatility 16 13.67% 4

Bright color 7 5.98% 5

TOTAL 117 100

The table shows the results of a survey asking 43 people what design features attract them most in a

bamboo bag. The respondents were asked to check all that apply. The results show that the most important factor

for respondents is minimalist design, with 32.48% of respondents checking it. The second most important factor
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is spacious, with 25.65% of respondents checking it. The remaining factors, lightweight with 22.22%t, versatility

is 13.67%, and bright colors, are the less checked of the respondents, with 5.98%.

Table 7

Motivations for Purchasing a Bamboo Bag

F % Rank

Environmentally friendly 37 25.69% 1

Unique design 30 20.83% 2

Durability 28 19.45% 3

Materials 18 12.50% 4

Ethical manufacturing 17 11.80% 5

Recommendations from
other 14 9.73% 6

TOTAL 144 100%

The table shows the results of a survey asking 42 people what would motivate them to buy a bamboo bag.

The respondents were asked to check all that apply. The results show that the most important factor for

respondents is environmentally friendly, with 25.69% of respondents checking it. The second most important

factor is unique design, with 20.83% of respondents checking it. The remaining factors, durability, with 19.45%.

materials, with 12.50%. ethical manufacturing, with 11.80% and recommendations from others, are the less

checked of the respondents, with 9.73%.

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Table 8

Likelihood of Recommending Bamboo Bags

F % Rank

Neutral 15 34.88% 1

Somewhat likely 14 32.55% 2

Very likely 12 27.91% 3

Unlikely 2 4.66% 4

TOTAL 43 100%

The table shows the results of a survey asking 43 people how likely they are to recommend

bamboo bags to others. The largest portion of respondents, 34.88%, said they are neutral about

recommending bamboo bags to others. The second largest portion, 32.55%, said they are somewhat

likely to recommend bamboo bags to others. The third largest portion, 27.91%, said they are very

likely to recommend bamboo bags to others, and the smallest portion, 4.66%, said they are unlikely

to recommend bamboo bags to others. This suggests that respondents are generally neutral or

somewhat likely to recommend bamboo bags to others.

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CURRICULUM VITAE

PERSONAL INFORMATION

NAME : Chriszen Joy P. Batul

ADDRESS : ABAA Road, Brgy. San Pedro, PPC
DATE OF BIRTH :October 28, 2006
PLACE OF BIRTH :Provincial Hospital of PPC
CIVIL STATUS : Single

EDUCATIONAL BACKGROUND

Institution Educational Years Attended

Degree

Primary El Nido National Central Elementary School 2015-2019

School (Grade 3-6)

San Pedro Elementary Elementary 2013-2015

School (Grade 1-2)

Secondary Palawan National Senior High School 2023-2025

School (Grade 11)

El Nido National High Junior High School 2021-2023

School (Grade 9-10)

El Nido National High Junior High School 2019-2021

School (Grade 7-8)
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CURRICULUM VITAE

PERSONAL INFORMATION

NAME : Mac Niño M. Bocago

ADDRESS : Bonifacio St. Brgy. Maunlad
DATE OF BIRTH :January 16, 2007
PLACE OF BIRTH : Cebu City Pinamungahan
CIVIL STATUS : Single

EDUCATIONAL BACKGROUND

Institution Educational Years Attended

Degree

Primary Bulata Elementary School Elementary School 2013-2019

(Grade 1-6)

Secondary Palawan National Senior High School 2023-2025

School (Grade 11-12)

St. Joseph High School Junior High School 2021-2023

(Grade 9-10)

St. Joseph High School Junior High School 2019-2021

(Grade 7-8)
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CURRICULUM VITAE

PERSONAL INFORMATION

NAME : Crystal Dela Gente

ADDRESS : San Miguel, PPC
DATE OF BIRTH :November 13, 2006
PLACE OF BIRTH :Puerto Princesa City
CIVIL STATUS : Single

EDUCATIONAL BACKGROUND

Institution Educational Years Attended

Degree

Primary Matahimik Bucana Elementary School 2013-2019

National School (Grade 1-6)

Secondary Palawan National Senior High School 2023-2025

School (Grade 11-12)

Palawan National School Junior High School 2022-2023

(Grade 10)

Irawan National School Junior High School 2019-2022

(Grade 7-9)
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CURRICULUM VITAE

PERSONAL INFORMATION

NAME : Xayza L. Lagrada

ADDRESS : City Employess Village Barangay Sta.
Monica, PPC
DATE OF BIRTH :November 13, 2006
PLACE OF BIRTH :Provincial Hospital of PPC
CIVIL STATUS : Single

EDUCATIONAL BACKGROUND

Institution Educational Years Attended

Degree

Primary Sta. Monica Elementary School 2016-2019

Elementary School (Grade 4-6)

Tiniguiban Elementary 2013-2016

Elementary School (Grade 1-3)

Secondary Palawan National Senior High School 2023-2025

School (Grade 11)

Palawan National Junior High School 2021-2023

School (STE) (Grade 9-10)

Palawan National Junior High School 2019-2021

School (STE) (Grade 7-8)
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PERSONAL INFORMATION

NAME : Rigel B. Ocaya

ADDRESS : Moreno Ville Subdivision Brgy PPC.
DATE OF BIRTH :February 9, 2007
PLACE OF BIRTH : Northern Palawan Provincial Hospital
CIVIL STATUS : Single

EDUCATIONAL BACKGROUND

Institution Educational Years Attended

Degree

Primary Philippines School Of Elementary School 2013-2019

Missionaries to Asia (Grade 1-6)

Secondary Palawan National Senior High School 2023-2025

School (Grade 11)

Central Taytay National Junior High School 2021-2023

High School (SSC) (Grade 9-10)

Central Taytay National Junior High School 2019-2021

High School (SSC) (Grade 7-8)
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PERSONAL INFORMATION

NAME : Kim Cyrus C. Verano

ADDRESS : Brgy. Tiniguiban PPC.
DATE OF BIRTH :May 27, 2007
PLACE OF BIRTH : San Miguel Linapacan, Palawan
CIVIL STATUS : Single

EDUCATIONAL BACKGROUND

Institution Educational Years Attended

Degree

Primary San Miguel Elementary Elementary School 2013-2019

School (Grade 1-6)

Secondary Palawan National Senior High School 2023-2025

School (Grade 11-12)

San Miguel National High Junior High School 2019-2023

School (Grade 7-10)
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CURRICULUM VITAE

PERSONAL INFORMATION

NAME : Jaicer Jarin

ADDRESS : Mangsee, Balabac
DATE OF BIRTH : December 1, 2006
PLACE OF BIRTH : Mangsee, Balabac
CIVIL STATUS : Single

EDUCATIONAL BACKGROUND

Institution Educational Years Attended

Degree

Primary Mangsee National School Elementary School 2013-2019

(Grade 1-6)

Secondary Palawan National Senior High School 2023-2025

School (Grade 11-12)

Palawan National School Junior High School 2022-2023

(Grade 10)

Mangsee National School Junior High School 2020-2022

(8-9)

Balabac National School Junior High School 2019-2020

(Grade 7)