jay kwa.docx

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Business Name

The business name is very important in getting the

attention of customers. The business name would be simple and to

promote the popularity and the health benefits of the Alugbati

plant, the partnership has decided to use the main component of

our product which is Alugbati as a part of the name of the

Partnership. As a result, the name of the business will be

Alugbati Soap Company.

Business Logo

The logo portrays the main source of the product offered

by the business, which is the the Alugbati. The soap represents

the companys product as something that will bring satisfaction

and happiness to the consumer. The plant below the text

represents the Alugbati plant which has many great health

benefits. It shows the Alugbati products closer to consumers and

let them experience the wonders that this plant brings.


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The dominant white background color represents the purity,

cleanliness and safety of the companys products.

VISION

To be at the forefront of innovation of organic soap, a

treatment for skin diseases, improvement of the skin condition

that will make a difference in everyday lives.

MISSION

Alugbati Soap was created to provide quality, nutrition and all-

natural skin care product which satisfies the needs of the

consumer and to be an example of how business can be a tool for

positive social change and emphasizing profitable growth to

stakeholders. Pledge for environmental awareness by the use of

natural base ingredients, and the application of appropriate

technology.

VALUES

Company values are important component to the overall

success of the business and its life. This values list will be

our guiding our actions that will define our existence and

standards that will make us grow in the future.


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1.Commitment this will initiate us in pursuing this greatproduct that will also give impact to outside organization.

2.Excellence:being driven by the passion to provide the bestquality and unique products that will surely benefit each

and every consumer.

3.Service to SocietyContributing to society anddemonstrating corporate social responsibility.

4.Integrityour act towards honesty and honour withoutcompromising the truth in relevance with our objectives.

5.Safetyensuring the health and safety of the productgiven to the household.

6.Learning:We believe that indulging in a continuouslearning process would improve the business and the

expertise of the people in it.

Company Objectives

An organization to be known, setting its own objective in

explanation of its goal. A business without this, dont exist,

no ideals and no direction. These objectives will become a

mainframe to align its goals/ mission- being the purpose of

existence.


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Alugbati Soap Partnership aims to achieve the following

objectives:

Achieve the goodwill for the product among thecustomers and Customer satisfaction.

To provide the real product concept of the Alugbatisoap as to uses.

To carry on to people healthy, quality and affordablesoap for daily hygiene.

To ensure the availability of product as customerwould appeal/demand.

Achieve regular customer via natural shops ordrugstore.

To maintain our commitment as to innovation To established more strategies and techniques to

attain continuous improvement and quality.

To line up managers objectives with the companysgoals and their involvement for its achievements

To strive for employee and customer satisfaction Achieve environmental and social; responsibility.

GANTT GHART

It shows the activities to be done, with their respective

time span, are properly planned for the completion and actual


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implementation of the project. It is a simple but important

device that the management can use to figure out things yet to

be completed. It will serve as a guide in monitoring the

implementation of every step for project completion.

It should be fully completed and published in a period of

seven months as shown below based on the gathered information by

the proponents.

ACTIVITY JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST

Conduct

Feasibility

Partnership

Formation

Securing of

Permits

Land

Acquisition

Building

Construction

Purchasing of

equipments

and

machineries

Recruitment

Installation

and test runs

of machines

and

equipments

Normal

Operation

Figure 2.8 GANTT CHART

DESCRIPTION OF ACTIVITIES


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1)Conduct FeasibilityThis is with regards to the general project planning

to come up with a feasible and realistic project. This will

cover a period of two (2) months to complete from January

to February 2014.

2)Partnership FormationIt will cover a period of one (1) month to be able to

form a partnership and accumulate funds needed in the

production.

3)Securing of PermitsActivities included here are the registration at the

SEC, registration of the business location at the DTI,

Mayorsoffice to acquire permit or license to engage into

a business, and BIR to get TIN number for tax purposes. It

also includes the registration at the Social Security

System for the benefits of the employees and registration

at the Philippine Health Insurance Corporation. All of

these are for the legalization of the business as the law

states, for a period of one (1) month.

4)Land Acquisition


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It will cover the whole month of March 2014 for this

transaction. Any necessary transactions such as Transfer of

title are also included in this part of the business

activity.

5)Building ConstructionThree months are allotted in this activity the months

of April to June 2014 will be the duration of the

construction according to the flow of operation.

Construction will be 24/7 to complete the construction

within three months.

6)Purchasing of equipments and machineries

Ordering all needed equipments from the supplier until

the arrival to the factory including the installation of

all the equipment. Payments of price, taxes and other fees

necessary are also involved. Other equipment needed shall

also be purchased. It will cover the month of June.

7)RecruitmentActivities included are enlisting, hiring and training

of personnel needed in the production and operation of the


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business. And will take the month of July before the start

of the operation.

8)Installation and test runs of machines and equipmentsTo ensure that the machineries and equipments bought

are in perfect condition, test runs will be done a month

before the start of operations.

9)Normal OperationThe start of the operations of the business will be on

August 2014.

Form of Business Organization

Alugbati Soap will follow a general partnership form of

business. A partnership is an organization where two or more

persons bind themselves to contribute money, property or

industry to a common fund with the intention of dividing the

profits among themselves.

Being a general partnership, as to liability of the

partners, it is one in which all the partners are general

partners who may act publicly in behalf of the firm.

Furthermore, each of the partners may be individually liable for

obligations of the partnership.


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All profits and losses must be divided to partners

according to the proportion of their contribution. Every partner

is expected to devote their time to the business. If one does

more work than the others, the partners may agree to pay that

person a salary in addition to a share of profits and set

compensation. The partners may neither withdraw cash nor other

assets from the business without the express written permission

of the other partners; also, no partner is allowed to use the

funds or property of the partnership on his or her own benefit.

Advantages of partnership as an organization:

1.Ease of formation- mere agreement or mutual understandingby the partners may organize a partnership.

2.Joint resources- a partnership provides an opportunity topool the abilities, experiences, and resources of two or

more persons.

3.Less government supervision- generally, partnershipsreceive less government regulation than corporations do.

4.Utilization of strengths of individuals- as compared to asole proprietorship, a partnership has more individuals

contributing to the operations.

5.Great borrowing capacity- each partner may avail individualcredit than that of a sole proprietorship

6.Easy to manage- all the partners skills and decisions canbe combined.


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Required:

1.Location or the Vicinity Map of the businessestablishment

2.Barangay Clearance3.Articles of Partnership4.Community tax Certificate5.Initial Subsequent list of employees

Sanitary permit is also required to make sure that the siteof the business is safe and clean

Registration at the Bureau of Internal Revenue (BIR)Required:

1.Photocopy of SEC Registration2.Mayors Permit

Registration at Social Security System (SSS)Required:

1.Photocopy of Articles of Partnership2.Employees Data

Registration at Philippine Health Insurance Corp.(PhilHealth)


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Job Specifications

The general manager is to be appointed by the partners

to oversee the entire operations of the business and

formulate policies and strategies that maximize the value

of the business. This partner primarily manages the affairs

of the business and supervises the different phases of

operation and settles any disputes or conflicts among the

employees. This managing partner also authorizes

signatories of business letters.

Qualifications:

One of the original partners appointed by the majority ofthe partners

With a wide knowledge in different aspects of management One who possesses good communication skills and knows how

to handle pressure

Compensation:

Monthly salary will be P8, 600 and will also be receivinga 13thmonth pay based on the monthly salary.

2. Production Manager

Job Specifications


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He will be responsible for the overall performance of the

labor force. Part of his work is to plan, assign, and control

the materials in manufacturing the product. He ensures that

goods are produced efficiently and that correct amount is

produced at the right cost and at the right level of quantity.

Qualifications:

One of the original partners appointed by the majorityof the partners

With a wide knowledge in operations and maintenance ofproduction process

One who possess good communication skills and knowshow to handle pressure

Salary will come from the profit sharing

3. Financial Manager

Job Specifications

He will be responsible in collecting cash receipts from

sales of the business everyday and deposit the collections in

the bank. The financial manager will also manage all the cash of

the company and prepare the necessary reports concerning the

cash receipts and disbursements of the company. She is also


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tasked to conduct reviews and evaluations for cost-reduction

opportunities and analyze competitors and market trends.

Qualifications:

One of the original partners appointed by the majorityof the partners

With a wide knowledge in financial management andaccounting


Salary will come from the profit sharing

4. Marketing, Sales and CSR Manager

Job Specifications

He will be responsible in the marketability of the

product. He will develop and implement the marketing strategy

and plan in order to make the product known to the market. The

marketing manager is also responsible in leading, guiding and

motivating a team of sales people and will monitor various

costs control particularly in the selling expenses.

As a CSR manager, he will also be handling the outside

services conducted by the company. This includes the

community services such as feeding programs, outreach


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programs, tree planting and the like. She will also be

responsible in coordinating with the proper authority for

the company to perform the planned activities.

Qualifications:

Must be a partner With a wide knowledge of marketing strategies Advocate of the environment and the community

Good interpersonal relationship skills


Salary will come from the profit sharing5. Factory Manager

Job Specifications

The factory manager will be the person in charge with

the over-all operation in the factory. He should be

responsible for the purchase of raw materials and ensures

that all sales orders and deliveries have been done.

Qualifications:


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Male or Female With a wide knowledge in different aspects of management Must have 2-3 years experience in a manufacturing company

as factory manager

One who possesses good communication skills and knows howto handle pressure

Compensation:


6. Office Clerk

Job Specifications

The office clerk will be the one responsible with

office works such as filing of documents. He will also act

as a contact person who for the company who will be

authorized to take orders and receive payment in the

conduct of business.

Qualifications:

Male or Female Must be a bachelors degree holder


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One who possesses good communication skills and knows howto handle pressure

Compensation:


7. Bookkeeper

Job Specifications

The bookkeeper checks and analyzes the transactions of

the business as well as the financial status and accuracy

the financial statements.

Qualifications:

Male or female Must be an Accounting graduate Knows how to use Microsoft Office applications,

especially Excel

Have at least a year of working experience.Compensation:


8. Machine Operators


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The machine operators are responsible for operating

the machines assigned to them and transporting the products

to another room or area for the next process. They should

also ensure that the machines under their care are always

in good condition, and are maintained according to proper

sanitation standards. They have to see to it that the

products have undergone the correct process and are

properly treated. Lastly, always maintains cleanliness in

their respective working areas.

Qualifications:

Male or Female Of good moral character At least high school graduate Willing to undergo trainings Hardworking and flexible

Compensation:

Monthly salary will be P6, 600 and they will also bereceiving a 13thmonth pay based on their monthly

salary.


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9. Manual Laborers

Job Specifications

For those assigned in the manufacturing process:

They are responsible for all the processes necessary

in creating the Alugbati Soap. They should demonstrate a

high standard of personal hygiene and maintain cleanliness

in their working area.

For those assigned in the packaging area:

They would pack the finished products and store them

neatly at the storage area, carry the products to the

transporting vehicle for delivery at the retail store and

perform other tasks that may be assigned to them.

Qualifications:

Male or Female Of good moral character At least high school graduate Hardworking, flexible and willing to do overtime.


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Compensation:

Monthly salary will be P6, 600 and they will alsobe receiving a 13thmonth pay based on their

monthly salary.

10. Security Personnel

Job Specifications

The security personnel will be responsible for the

overall security of the premise. They will also assist in

the delivery of products whenever necessary.

Qualifications:

Male or Female Licensed security guard Honest and trustworthy.

Compensation:

Monthly salary will be P6, 600 and they will also bereceiving a 13thmonth pay based on their monthly

salary.

Company Policies and Procedures


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Hiring and Selection Policy

It is the partners who will personally evaluate and hire

skilled and competent personnel according to the qualifications

enumerated for each position.

Generally, the company requires the aspiring applicant to

submit the following:

Curriculum Vitae/Resume with recent 2x2 picture Transcript of records Police and NBI clearance SSS number Application Letter Birth Certificate Health certificate

Certificate from seminars and trainings attended (if

available)

Name of qualified applicants based on their documents

submitted will be informed through phone calls for a

preliminary review.

Final interview would immediately follow for applicants

who passed the preliminary interview and names of selected

applicants that will undergo training will be posted after the

final assessment.

Uniforms


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The Company maintains a business casual working

environment. All employees should wear their uniforms provided

by the company which includes a white t-shirt with the

companys logo and slacks. That will make them comfortable and

clean.

Training and Orientation

The reason in giving training to employees is to assist

in improving their work as well as heightening the morale of

the personnel and minimizing supervision required. Newly hired

personnel will be oriented regarding their respective function

in the company as they start their designated work.

Working Conditions

To improve the work environment, work schedule and

delegation of tasks, each worker must address his or her

concerns. Work is never enjoyable especially if it is against

ones will. The manager can be easily approached and is

available for any concern.

Attendance

Employees are expected to report to work as scheduled and

on time. If it is impossible to report for work as scheduled,

employees must call the manager before their starting time. If

the absence is to continue beyond the first day, the employee


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must notify the manager on a daily basis unless otherwise

arranged. Calling in is the responsibility of every employee

who is absent. Absence for three consecutive work days without

notifying the manager is considered a voluntary termination.

Leave of Absence

The request for leave will be reviewed based on the reason

for the request, previous attendance record, previous leave

requests and the impact the absence will have on the Company.

Compensation

Employees are paid on the 15thand 30thday of each month

based on the specific ranges designated for particular types

and levels of jobs.

Thirteenth month pay

All employees are granted 1/12 of their total wages

within a calendar year before December 24.

Sick leave

All employees are allowed to have an eight-day sick leave

in a year as provided in the Labor Code of the Philippines.

Overtime Work

Overtime Work is work rendered beyond 8 hours. Every

hour worked in excess of 8 hours earns an additional pay

of P25%. The rate is 30%if done on a rest day or holiday.

Right to holiday pay


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Maternity leave

A female member of the Social Security System (SSS) who

has paid at least 3 monthly contributions in the twelve-month

period immediately preceding the semester of her childbirth or

miscarriage shall be paid a daily maternity benefit equivalent

to 100% of her average daily salary. The benefit is for 60

days for normal delivery and 78 days for caesarian delivery

for the first four deliveries and miscarriages.

Paternity leave

The law provides for paternity leave of 7 days with full

pay to all married male employees in the private and public

sectors. It is only available for the first four (4)

deliveries of the legitimate spouse with whom the employee is

cohabiting.

Trainings and Seminars

This is intended to improve skills of the employees in

their present job and to be updated with the latest and

effective management and cooking styles.


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Premium Pay:

Table 3.1: Premium Payment Schedule

BASIS ON THE RATE OF

PAY ON DAILY RATE

PREMIUM FOR WORK IN EXCESS OF

8 HOURS

WORKED

PERFORMED ON

Regular working

days 100% 125%

Rest days 130% 169%

Special days 130% 169%

Rest day which

is also a

special day 150% 195%

Regular holiday 200% 260%

Regular holiday

which is also a

rest day 260% 338%

Retirement Benefits

An employee upon reaching the age of sixty or more but

not beyond 65 who served the company for at least 10 years are

entitled retirement benefits.

Termination Policy


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Property, Plant and Equipment Policies

The cost of property, plant and equipment is generally

the purchase cost together with any incidental acquisition

expenses. Property, plant and equipment is reviewed for

impairment whenever events or changes in circumstances

indicate that the carrying amount may not be recoverable.

Depreciation is calculated on a straight-line basis over the

expected useful economic lives of the assets concerned.

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