Feasibility Study

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Feasibility Study
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
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| | | 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 |12,667,200 | | | | | | |2014 |12,667,200 |190,008 |12,857,208 | | | | | | |2015 |12,857,208 |192,858 |13,050,066 | | | | | | |2016 |13,050,066.12 |195,750 |13,245,817.12 | | | | | | |2017 |13,245,817.11 |198,687 |13,444,504.11 |

C. Supply
Supply Projection for the Next 5 Years
| |Previous Years Supply |Average Population Growth |Projected Yearly Supply (a + b)| |Year | |(b)=(a x 1.5%) | | |2013 |9,360,000 |140,400 |9,500,400 | | | | | | |2014 |9,500,400 |142,506 |9,642,906 | | | | | | |2015 |9,642,906 |144,643...
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