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Feasibility Study

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Feasibility Study
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Laundry Shop [pic]
Submitted by: Jerico D. Quinez
Submitted to: Wilson Vicente Gomez I. Summary of the Project

A. Name of Business: La Lovehan Ko B. Location: The location of the business is at Blk79 lot 3 Ginseng Road, Robinsons Homes East Bgy. San Jose, AntipoloCity. La Lovehan Ko is inside the Robinsons Homes. C. Brief History

I. History
• Originating from a water refilling station up to the laundry shop. |A water refilling station may be viable in the location however a lot of competitors are already operating inside the community so the group though of a different business where in the target audience could focus their attention into; and that is a laundry shop. |This kind of business does not require much effort for the customers and the business owners as well. |For the business owners, hiring few employees that would manage the business is just the only task to do. |Thus, the group thought of this kind of business for practicability and de mand from the target audience.

Organizational Chart

Operations Manager----------------------Accounts Manager | | | | _______________________________________ | | | Washer Receptionist Washer

II. Economic Aspects

A. Market - the target market mostly composed of the residents of Robinsons Homes East, Barangay San Jose, Antipolo City

B. Demand Demand Projection for the Next 5 Years
|Projected Years |Previous Years Demand (a) |Average Population Growth |Projected Yearly Demand (a+b) |
| | |b=(a x 1.5%) | |
|2013 |12,480,000 |187,200

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