List of opportunities: * Barber Shop * Sari-Sari Store * Water Refilling Station * T-shirt Printing * Photocopy Booth * School Supplies * Bakeshops * Internet Café * Laundry Shop
Analysis of Opportunities * Barber Shop 1. Low Competition 2. Low demand 3. Expensive business start-up * Sari-Sari Store 1. High Competition 2. Non-flexible hours 3. Small profit * Water refilling Station 1. Expensive Business Start-up 2. Low competition 3. High demand
* T-shirt Printing 1. Seasonal 2. High Competition * Photocopy Booth 1. Non-flexible Hours 2. High competition * School Supplies 1. Non-flexible hours 2. High competition * Bakeshops 1. Ease of Storing Stocks ( goods might easily spoil) 2. High competition * Internet Café 1. High competition 2. Expensive Business start-up * Laundry Shop 1. Flexible Hours of Service 2. Lots of potential demand 3. Low Competition 4. Supplies are easily replenish
Making Choice for Business LAUNDRY SHOP
Determination of Feasibility * Management Study
Form of Organization: Partnership
Owners: Arocha, Catane, Caulin, Clarin, Dahilog, Jaramillo, Gubaton, Sarausos
OWNERS
Staffing Pattern of Organization
Delivery Guy
Laundry Gal
* Marketing Study
Future total demand of the product STRATA | POPULATION | SAMPLE SIZE | K&K | 28 | 9 | Bonghanoy | 30 | 9 | Pacquit | 28 | 9 | Achacoso | 25 | 8 | Banson | 21 | 6 | Daculus | 18 | 5 | Celis | 24 | 7 | Doydora | 29 | 9 | Ponce | 30 | 9 | Cloribel | 30 | 9 | Yek-Yek | 30 | 9 | Frias | 29 | 9 | Mantung | 25 | 8 | Gamulog | 27 | 8 | Total | 374 | 114 |
The target customers are students residing in College Park. 9 girls’ boarding houses and 5 boys’ boarding houses with total lodgers of 374. Using random sampling the shop expected to have 30% of the