SAMEDT
Final Requirement for the Entrepreneurship
Presented to the Marcelo H. Del Pilar National High School
Senior High School
In Partial Fulfillment of
The Requirements of the Strand of
Science, Technology, Engineering, and Mathematics
Bergonia, Paul Angelo S.
Calara, Aaliyah Glenn
Carpio, Carl Lawrence R.
Gatchalian, Leo Luis
Jarical, Francis Neil SJ
Policarpio, Lara Patricia G.
Ragocos, Esaiah Jay T.
Santiago, Keizer Nyl A.
Vera, Gerald V
January 2021
TABLE OF CONTENTS
Title Page 1
Table of Contents 2
CHAPTER 1: MANAGEMENT ASPECT 4
Vision, Mission, Goals and Objectives 5
Business Name and Logo 6
Business Description 8
SWOT Analysis 9
Organizational Structure 11
Job Analysis 12
Business Policies 20
CHAPTER 2: MARKETING ASPECT 23
Product Picture and Product Description 24
Target Market Description 20
Pricing Strategy 21
Distribution Strategy 22
Survey Result/Tabulation/Graph 23
Promotional Strategy 26
CHAPTER 3: TECHNICAL AND LEGAL ASPECT 29
Production Flowchart 30
Production Process 31
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Production Schedule 32
Production Capacity 33
Manpower Schedule 33
Procurement Schedule 33
Legal Aspect 34
CHAPTER 4: FINANCIAL ASPECT 37
Sales Budget 38
Production Budget 38
Direct Materials Budget 38
Direct Labor Budget 38
Manufacturing Overhead Budget 39
Sales and Administrative Expense Budget 39
Cost of Goods Manufactured 39
Cost of Goods Sold 40
Income Statement 40
Cost per Piece 41
Return of Investment 41
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CHAPTER 1:
MANAGEMENT
ASPECT
Management is a set of principles relating to the functions of planning,
organizing, directing, and controlling, and the application of these principles in
harnessing physical, financial, human, and informational resources efficiently and
effectively to achieve organizational goals. This chapter consists of the vision and
mission of the business, as well as its goals and objectives. It also shows the
business logo and features the product offered. Also, a description of the
business format, business location, and location of production is included. The
key roles of the employees are described and illustrated in the organizational
chart. At the end of the chapter, business policies are stated involving the work
ethical guidelines in the operation of the business.
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VISION
We envision our brand to be successful in capturing the wittiness and
humor of the Filipinos. We would like to be prominent in this kind of market so
that every Filipinos to express their feelings through our products. We aspire to
create original concepts that will bring smiles and laughter to the greater
Filipino audience.
MISSION
We are bound to provide quality products and content to our customers
and audiences. We would like to create a brand that our generation
(Millennials and Generation Z) can relate to. We would like our consumers to
feel #relatedt and #samedt through our products that reflect the consumer’s
daily feels and frustrations.
GOALS
The goals of the business are as follows;
To be a well-known online selling business.
To reach a larger audience on our social media sites (Facebook,
Instagram, Twitter).
To establish a physical store and expand our product selling
nationwide and worldwide.
To innovate new designs and products that will entertain and
satisfy our consumers.
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To increase net sales by 5% a month.
OBJECTIVES
The objectives of the business are as follows;
To provide our customers with quality and affordable products
that will entertain and leave smiles on their faces.
To attract customers through funny and witty social media
campaigns.
To value our customers through listening and taking into
consideration their feedback and suggestions.
Providing fast and excellent customer service by creating
ChatBots and Social Media Managers ready to answer their
inquiries.
To create camaraderie and enhance the skills of the staff of the
company.
To increase our social media visibility and create a good brand
image.
BUSINESS LOGO
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Figure 1. Logo of the Company
BUSINESS NAME
Samedt
Our company’s name is based on a millennial slang word “samedt” which
simply means the same or alike. It is an expression used when two people share
similar sentiments. However, letters D and T are added at the end to emphasize
the stress of their alikeness. Samedt offers three products, namely Stick Ur Tots,
Markahan Ang Past, and Wit-Tee, designed with different statements or words
commonly used by today's generation.
Out of the logos designed by the creative team, they decided to use a logo
that is simple and truly represents the core of the business. It used black, orange,
and white colors that complement each other. It also signifies the modernness
and simplicity of the designs that we will incorporate into the product. The logo is
also in the conversation bubble, which shows that the unique designs will reflect
the daily exchange of the target market.
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BUSINESS DESCRIPTION
Samedt is a newly-established company that creates products that are
witty, relatable, and affordable. We also want to showcase the Del Pilarian,
Bulakenyo, and Pinoy Culture through our products. Samedt Company is led by
an owner and consists of six (6) staff such as the production officer, creative
team, marketing team, and finance. Compared to other brands that sell the same
kinds of products, we innovated designs that capture the wittiness and humor of
the target market. In the near future, the company’s vision is to establish a
physical store and expand our product selling nationwide and worldwide.
BUSINESS FORMAT
Samedt company has a sole proprietorship set up. It is a business
structure that a single person owns - sole proprietor. Thus, the proprietor has
unlimited liability. Furthermore, it gives the owner complete freedom to operate
and control the business.
BUSINESS LOCATION
Samedt Company is an online-based enterprise found in Shopee. Shopee
is an e-commerce platform allowing customers to shop items effortlessly. Hence,
our future customers will experience hassle-free transactions. Moreover, the
purchased products will be delivered by a courier directly to the provided address
or it can be picked up by the customer. Besides, our company offers different
methods of payment, such as cash on delivery (COD), online banking, and
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through payment centers.
PRODUCTION LOCATION
Samedt Company production is situated at #9011 Kamagong St.,
Barangay San Vicente, City of Malolos Bulacan. This is where the production,
packaging, and warehousing will take place.
Figure 2. Satellite Map of the Production Location
Total Invested Amount: Php. 5,000.00
SWOT ANALYSIS
Strength
The designs of the products are innovative and creative.
The unit costs of the products are minimal. The raw products that are
needed for the products are affordable and need small capital.
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Selling these kinds of products will allow us to work from our homes rather
than going outside to prepare our product.
It is also time-efficient since we can design the products and prepare them
ahead of time.
The target consumers are spending most of their time on social media and
online selling platforms, the business platform of the company.
Weakness
The business has limited capital.
Lack of promotion and advertisements.
The business will start in the middle of a pandemic, the workers are
distant from each other and customers tend to buy affordable and
essential products.
There are more adaptive retails that offering more affordable products.
Opportunity
Catering a larger audience since the business is utilizing Online Platforms
(Social media and E-Commerce).
Having a physical store and stalls in a crowded area.
Expanding on more innovative products and designs.
An increasing trend in witty and unique products.
Threats
There are larger retail businesses that already have online visibility (Linya
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Linya, Tita Witty, and the likes).
Businesses that offered the same types of products.
Larger competition on other types of products on Social Media and Online
Selling Platforms.
The price and promos offered by the competitors.
Other businesses have more experienced than to us.
ORGANIZATIONAL STRUCTURE
The business utilized the functional organizational structure. The owner
decided that it will be more efficient to divide the staff into smaller groups with
specific tasks and roles. He takes into consideration the specialization of every
staff and groups them according to their respective departments.
Carl Lawrence R. Carpio
Owner/Manager
Francis Neil Aaliyah Glenn Esaiah Jay Leo Luis
Jarical Calara Ragocos Gatchailian
Creative Head Marketing Head Finance Production Officer
Gerald Vera
Lara Policarpio Keizer Nyl Alejo
Social Media
Lay-out Artist Production Crew
Manager
Paul Angelo
Bergonia
Lay-out Artist
Figure 3. Organizational Structure of the Company
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JOB ANALYSIS
Job analysis refers to the description of the job titles and the
corresponding skills and abilities needed. It is important to define the role that the
owner and staff have in order to have an efficient business operation.
Establishing the job and standards needed to be met by every person in the
business is integral in achieving the goals and objectives of the company.
Job Title: Owner/Manager
Owner’s Name: Carl Lawrence R. Carpio
Job Description
Oversees the operation of the business, from conceptualizing the products
up to the distribution.
The main decision-maker of the business, deciding on the steps needed in
the business.
Distributing the tasks of every employee/staff.
Ensuring that the products that will be released are consistent and
assured quality.
Build a harmonious relationship with the staff through proper
communication.
Job Qualifications
Leadership experience in different organizations and/or businesses.
Being an effective and compassionate leader.
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Knowing Entrepreneurship and Business Management.
Having good communication skills with the staff and customers.
Innovative, rational, critical, and logical thinker.
Risk-taker and opportunity-seeker.
He/she can work on their own and cooperate as a part of the team.
Benefits and Compensation
Net Profit
Job Title: Creative Head
Owner’s Name: Francis Neil Jarical
Job Description
Lead and direct the creative team in the production of all marketing
collateral.
Ensure visual communication and brand standards are met.
Oversee client’s pitches and proposals
Oversee profitability, deliverables, timelines, and budgets.
Job Qualifications
Experience in graphic designs using different software.
Strong understanding of the creative industry such as adobe creative
suites.
Experience performing or managing a range of creative positions, such as
graphic designers.
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Strong leadership skills.
Benefits and Compensation
Salary
Job Title: Layout Artists
Owner’s Name: Lara Policarpio
Paul Angelo Bergonia
Job Description
The layout artist lays it out based on knowledge of design principles,
including color, shape and balance, and layout principles.
Prepares the final design for the printer or the Web.
Some graphic designers do all these things: design, layout, and paste-up.
Job Qualifications
The individual desiring to succeed in this field must be able to think
creatively and make use of innovative concepts to create original and
attractive materials
He/she must possess excellent written and verbal communication skills
He/she must be able to pay strong attention to detail and have enormous
knowledge of the publication industry
He/she must have the desire to update him/herself with the latest design
trends and must be able to juggle multiple tasks and prioritize them based
on urgency levels
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Benefits and Compensation
Salary
Job Title: Marketing Head
Owner’s Name: Aaliyah Glenn Calara
Job Description
In-charge of the marketing operations of the company.
Responsible for the strategies that will be implemented in order to
encourage the customers to buy products on the online store.
He/she handles the staff and their customers, and describes, analyzes,
and communicates with the target market.
Handle contact between a firm and its clients through the use of traditional
and new media to advertise the products offered by the business.
Job Qualifications
Experience in marketing and promotions in the industry or its related field.
Created or executed successful marketing campaigns online and/or
offline.
He/she is an analytical and critical thinker.
He/she possesses a humorous and witty mindset on creating a marketing
strategy that is close to the core of the brand.
Knowledgeable of the recent trends in social media.
Benefits and Compensation
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Salary
Job Title: Social Media Manager
Owner’s Name: Gerald Vera
Job Description
Responsible for representing the business venture in the social media
manager.
In charge of strengthening the presence of the business on different online
platforms through proper marketing strategy.
Updating the social media accounts of the business, making sure that they
are attractive to the audience.
Answering the questions and inquiries of the consumers.
Being creative in marketing the brand on social media sites, making sure it
is aligned with the business goals.
Job Qualifications
Having experience in content management on the Internet or its related
field.
He/she is a multitasker, critical-thinker, and a good communicator.
Ability to create and deliver creative content on different mediums (text,
image, and video).
Knowledgeable in creating ChatBots for more efficient customer service.
He/she is able to work on their own and cooperate as a part of the team.
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Benefits and Compensation
Salary
Job Title: Finance
Owner’s Name: Esaiah Jay Ragocos
Job Description
Responsible for all of the financial activities of the business.
He/she assesses the risks and opportunities of the finances, as well as in
planning and managing financial goals, objectives, and budgets.
Making sure that the cash flow and transactions are recorded and
tabulated.
Help the business to plan the financial strategies, as well as being
compliant in paying their dues.
Oversees the expenses and profit of the business, making sure that it will
be clear as shown in the prepared financial statements.
Job Qualifications
Computer literate and proficient in MS Office and Google Sheets.
He/she is able to perform basic mathematical operations.
He/she is knowledgeable in basic accounting and bookkeeping.
He/she is good at time management and multitasking.
He/she is analytical and a problem solver.
Benefits and Compensation
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Salary
Job Title: Production Officer
Owner’s Name: Leo Luis Gatchalian
Job Description
Supervising the method of production in compliance with the principles
and procedures of the organization, and supervising the production crew
during processing.
He/she recruits, mentors, advises, and conducts employee performance
assessments.
He/she develops, educates, and mentors workers that will be part of
producing a consistent and high-quality product.
Making sure that the production line is sanitized, and minimum health
protocols are regulated and followed.
Job Qualifications
He/she is familiar with the production flowchart and its application on the
production line.
He/she is attentive to details, resourceful, and assuring the consistency of
the products offered.
Has good time management and multitasking skills.
Ability to lead the production line and be effective in the organization.
He/she is able to work on their own and cooperate as a part of the team.
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Benefits and Compensation
Salary
Job Title: Production Crew
Owner’s Name: Keizer Nyl Alejo
Job Description
Keeping the production area clean, preparing machinery and equipment
for use, working the production line as instructed, and strictly following
health and safety guidelines.
Should be able to work on the production line with consistent speed and
accuracy.
Should be able to maintain production standards and work towards
improving productivity without compromising quality.
Job Qualifications
Following health and safety standards.
Maintaining a clean workstation and production floor.
Assembling products and parts.
Following production guidelines and specifications.
Finalizing and packaging products for shipment.
Operating and maintaining machinery and production line equipment.
Monitoring the assembly line and removing faulty products.
Working on the production line and meeting production targets.
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Reporting any issues to the supervisor on duty.
Performing other tasks as assigned.
Benefits and Compensation
Salary
BUSINESS POLICIES
Business policies are an essential tool for achieving optimum productivity
in the business. Written in these policies is the blueprint for the planned actions,
function, and reporting of the staff of the company. It will help the owner and the
staff to establish the accepted workplace ethics of the company. Also, it will serve
as a guide for troubleshooting when some issues or problems may arise for
those working in the business.
Everyone is expected to follow the set of policies set forth by the
company. Failure to comply with the rules will be dealt with by the administration
and will result in proper sanctions.
Meet the project deliverables assigned. To avoid delays in the goals of the
company, the staff should do the distributed task ahead of time. Failure to
accomplish the task will greatly affect the evaluation of the peers of the
business.
Employees must follow the proper workplace etiquette as a sign of respect
to their colleagues.
Observe proper communication in the workplace. Set a respectful tone on
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talking with other workers and avoid using foul and disrespectful words.
If there are complaints filed against an employee, it will be reviewed by a
committee created by the owner. Sanctions against an employee will be
decided by the said committee.
Attendance is a must. The staff of the business is expected to attend and
do their tasks during work hours. Since most of the staff are working at
home, the deliverables assigned for that day will serve as their
attendance.
The use of mobile phones is prohibited during work. Also, the use of
drugs, alcohol, and/or tobacco in the vicinity of the company is forbidden.
Observe cleanliness and proper health protocols on the production line
and in the workplace.
Customer complaints and suggestions should be dealt with properly by the
company. Failure to do so may affect the image and brand of the
business.
The company does not condone discrimination, harassment, violence, and
the likes against anyone or anything. These acts must be dealt with proper
decorum.
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CHAPTER 2:
MARKETING
ASPECT
Marketing is defined as the activity, set of institutions, and processes for
creating, communicating, delivering, and exchanging offerings that have value for
customers, clients, partners, and society at large. As stated, this aspect of the
business plan revolves around the process of understanding the customers’
needs and wants. It includes a description of the product and its target market.
The distribution strategy as to how the products are delivered to the customers
and the pricing strategy to formulate the selling price with consideration to the
target market and consumers are also stated. Furthermore, this aspect involves
the promotional strategies which involve the illustration of advertisements and
other platforms used to promote the product, in order to stand out among the
competitors.
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The marketing aspect explains the different marketing strategies to be
utilized in order to gain the consumers’ attention and satisfy their needs and
wants
PRODUCT PICTURE AND DESCRIPTION
Stik Ur Tots Sticker Packs
Figure 5. Sample Product for Stik Ur Tots Sticker Packs
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Sticker packs have been commonly used by those who are creating bullet
journals or want to personalize their stuff. The “Stik Ur Tots” product will be
composed of various witty designs that are aesthetically pleasing, good quality,
and affordable for the consumers. There will be themes for every sticker pack
that is relatable to the target market.
EXPLANATION OF PRODUCT LOGO
Attached are the proposed logos of the products that are offered by the
company and its explanation. Since the business is releasing three different
products, they must have different logos for differentiation and promotions.
Figure 8. Product Logo of Stick Ur Tots Sticker Packs
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Stick Ur Tots Sticker Packs logo is modern and simple, a reflection on the
kind of designs that each pack contains. The color palette used is attractive to
the eyes of the consumers. The product name (Stick Ur Tots) shows that the
stickers’ design is relatable to the core of the brand, and the consumers can stick
these products on different kinds of stuff for personalization.
TARGET MARKET DESCRIPTION
VARIABLES
Generation Z (8-23 years old)
Age
Millennials (23-38 years old)
Marcelo H. Del Pilar National High School
Bagong Bayan, City of Malolos, Bulacan
Location
Province of Bulacan and Nearby Provinces
(through Online Selling Platforms)
Students
Young white-collar workers (those who perform
Profession professional, desk, managerial, or administrative
work.)
Yuppies (Professional Persons Working in a City).
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At least 50 pesos of allowance or salary allotted
Allowance/Salary
for decoration of their stuff and for buying online.
Use of social media (Facebook, Twitter, and
Instagram)
Source of
Online Selling Platforms (Shopee)
Information
Verbal communication
Digital Advertisements
Humorous and witty personality.
Personality Those who are fond of spending most of their time
scrolling on social media.
Those who are buying products from their bullet
journals.
Those who are consuming products from different
Buying Habit
clothing brands that offer statement shirts.
Consumers who are fond of buying online, for
example, Instagram, Facebook, and Shopee.
Preferences Consumers who are updated on the current
trends on the Internet and Pop Culture.
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Consumers who are engaged in memes and
humorous content on social media.
Consumers who prefer wearing shirts that have
witty and relatable content.
Consumers who are fond of using journals or
designing/personalizing their stuff through sticker
packs.
Family Size No particular family size
Pricing Strategy
It shows how we strategically compute the unit cost of the products offered
using the targeted annual amount and the targeted units to be produced. It also
explains the computation of how the company came up with the selling price.
Samedt Company considered using the cost-based since it is the most
appropriate to use on these kinds of products. The percentage mark is
formulated due to several factors namely; the profitability of the company in order
to gain profit, and competitors' pricing points.
Stik Ur Tots Sticker Packs
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Figure 12. Table for computing the cost
Figure 12 shows the computation for the unit cost of Stik Ur Tots Sticker
Packs. The annual amount of cost of goods sold is Php 19,246.50, divided by
987 which is the total number of units to be produced, having a quotient of Php
19.50 as the unit cost of the product. It is the cost incurred by the business to
produce and sell one unit of the product.
Figure 13. Table for cost-based pricing per unit
Figure 13 shows the calculation for the selling price per unit. The unit cost
(Php. 19.50) was determined by dividing the annual cost of goods sold by the
annual number of units produced. It is then multiplied to the mark on percentage
increase (55%), resulting in the selling price of Php 29.25 per unit.
Cost Php. 19.50
Target Mark-on = 55% mark-on percentage
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= Php. 19.50 * 0.55
= Php. 10.725
Suggested Retail = Cost + Target Ma= Php. 19.50 + 10.725
Price = Php. 30.225
Distribution Strategy
Samedt company will provide quality products and content to our
customers and audiences with the help of nine (9) staff. For the business to
efficiently interact with their customers even with the risk of COVID-19, we
decided to use an indirect distribution strategy wherein we could use sites such
as Facebook, Twitter, Instagram, and Shopee in which the product will be
distributed by a courier directly to the provided address or it can be picked up by
the customer. With this, the needs of the customers will be certainly provided
along with the assurance of their safety.
Online platforms are widely known and use as of today. By using this
strategy, we may utilize it as an advantage in promoting our products to give our
business an edge because we could use the popularity of these platforms to
widen the audience of our business since almost everyone has access to the
internet. To value our customers through listening and taking into consideration
their feedback and suggestion is one of the objectives that our business wants to
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achieve. Therefore, it will benefit us to communicate with the audience and
consider their perspectives to improve our business.
Online
Seller Selling
Couriers Consumers
(Samedt) Platform
(Shopee)
Figure 16. Indirect Distribution Strategy of the Company
SURVEY RESULT | TABULATION | GRAPH
PROMOTIONAL STRATEGIES
Since we are mandated to stay inside our house and limit outdoor
activities, we could market our product by utilizing the technology. Our company
(Samedt) decides that one most practical promotional strategy is through Social
Media. Social media marketing isn’t the get-rich-quick scheme that we all may
want, but there is significant potential in building and nurturing a social media
audience.
Interacting with consumers on social media is an important marketing
strategy for small businesses like ours. Our company wants to increase our
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customer base, build brand awareness, and have less expensive advertising but
still can easily inform them about our simple but witty and useful products.
In this way, younger customers can be reached easier because they are
the expected target market for this product. Online platforms, especially social
media sites, serve as a fantastic tool to display images and multimedia that may
attract potential clients.
We can use different social media platforms like Facebook, Instagram, and
Twitter:
Facebook - Our company will be having its own Facebook page that
contains the product’s descriptions, different designs, and where they can
be bought. Customers can also be easily updated about our new designs
or announcements about our business through its Facebook page.
Twitter and Instagram - Twitter’s purpose is to share ideas, trending
news, and real-time info while Instagram is used to share photos and
videos. We can use all of those features to spread or boost the popularity
of our business and make our products more eye-catching.
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Figure #. Official Facebook Account of the Company
Figure #. Official Twitter Account of the Company
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Figure #. Official Instagram Account of the Company
Figure #. Official Shopee Account of the Company
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