Acknowledgement
We, the proponents under the Bachelor of Science in Accountancy wish to express our sincere gratitude to the people who encourage and helped in fulfilling our feasibility study specifically:
To our parents, brothers and sisters who supported us spiritually and provided the financial resources necessary in making our feasibility study.
To our adviser, Mr. Jerome Orillosa, CPA, MBA who furnished us with constructive criticisms that have been great help to improve our analyses and guided us towards our study’s completion.
To our friends whom we confined to when we find difficulty in some aspects of our study.
To Ms. Nova Alita for lending us her laptop; it helped sped up or work.
Above all, we are most grateful to the Almighty God for the gift of life, people, trials and learning that shaped us into the individuals we are now. We thank Him for the gift of knowledge and wisdom and for protecting us from any harm while we were conducting our study.
Thank you very much.

Executive Summary
The location
CHAPTER I: INTRODUCTION
The proposed business
Assumptions of the Study This study intends to determine whether it is feasible to establish a leisure center within Municipality of Midsayap. It is based on the following assumptions: 1. The study assumes the average occupancy rate would reach 65% in the first year of operation and increase by 10% in the succeeding years. 2. The proposed project site is the third unoccupied floor of a vacant building measuring 160 sq meter located at Quezon Avenue, Poblacion 5, Midsayap, Cotabato. 3. The vacant building is owned by Virgilio Feliciano. Rentals are P 20,000 per month; terms of payment are one month advance and two months deposit. 4. ________ will establish a leisure center designed to hold six soundproof rooms, a waiting lounge and kitchen.
Background of the Study
The total population of the Municipality of Midsayap in 2012 is 137, 097 based on the statistical data given by the _____. With an estimated annual population growth of 2.14 %, assumptions that a portion of the growth can be attributed to an increase in student and employee population makes the leisure center an achievable business proposal. The local marketplace is served by a few industry players making the supply inadequate for the present demand.
In order to sufficiently cater the gap between supply and demand, ________ operates for this purpose. A leisure center that exudes a fun and comfortable atmosphere designed to attract customers and satisfy their wants to ‘have a good time’. Consequently, it yields for the establishment a means to gain profit. The proponent’s study aims to prove that there is a viability of establishing such business in Midsayap.
Initial estimate of total billable hours is an average of forty two (42) hours per daily operation. __________ is a new entrant in the market place. As with other newly establish businesses, demand for the services will be minimal at first and tends to slowly grow eventually.
Objectives of the Study To determine the feasibility of establishing a leisure center in Midsayap is the main objective of our study. Specific objectives are: * Cater to the excess demand and meet customer expectation. * Gain customer loyalty through fast quality services. * Be the leader among similar businesses in the service industry. * Determine the cost and profitability of the operation.

Rationale of the Study Midsayap is a developing municipality evidenced by emergences of various businesses that necessitates increase in employment. Employed individuals can divide earnings to cover up for basic needs, buy what they want or save it. ______________ is developed to provide an enjoyable place and activity for the employed when work gets routinely. Midsayap has a young population. Thus, students are the main component of its populace. These individuals also need a ‘recess’ once in a while. _________________ values its products and services at a price not too hard on students’ allowances. Based on the Municipal Planning Development Office, the average household in Midsayap is composed of four to five family members. Families can now have a bonding activity not too far away from home. With these comes the challenge of introducing _______ where the target markets are PPALMA constituents.

CHAPTER II: MARKET FEASIBILITY Marketing study describes the proposed business, profile of the market area and potential buyers.
Product Description
The proposed project is a leisure center. It operates for the purpose of meeting customer satisfaction through exclusive videoke rooms that exude privacy and high music quality valued at a price not too hard on the pocket. This proposed business provides an ideal place where guests can bond with family, celebrate with colleagues or relax with friends after a period of work and study. Each room is surrounded with sound proof walls and equipped with modern videoke equipment. Food and beverage are offered as ancillary services.
Brief Profile of Market Area The market focuses in the Municipality of Midsayap and neigboring areas such as Aleosan, Libungan, Pikit and Pigcawayan. 1. Geographic Location
Midsayap is geographically located on the Southwestern portion of Cotabato province. It lays on the 124”32 East longitude and 7”11.5 north longitude. It is bounded on the North by the municipality of Libungan; on the south by the Rio Grande de Mindanao; on the east by the municipalities of Aleosan and Pikit; and on the west by the municipalities of Kabuntalan. Midsayap is approximately 47 kilometers away from Cotabato City and somewhat 174 kilometers from Davao City, two of the major urban cities in Mindanao. It is about 64 kilometers away from Kidapawan City, the seat of the Provincial Government. Midsayap has a total land area of 33,038.7689 hectares comprising 57 barangays which is 5.03% of the total land area of Cotabato Province. Some of the barangays are along big bodies of water, thus making it accessible to marine transportation. However, due to the construction of a concrete bridge at Bulawan towards the province of Sultan Kudarat and some municipalities of Maguindanao Province, land transportation is now feasible. The town is traversed by the Davao-Cotabato and Midsayap-Makar national highways (General Santos City). 2. Economy
Characterized to have a clay type of soil that is suited for agricultural use. Most (42.03%) of the town’s land area is developed to agricultural production. The lowland areas are planted with permanent crops. Agricultural products of the town include rice, corn, mango, coffee, coconut, banana, vegetable and root crops.
Aside from thriving agricultural industry, Midsayap also boast of its other industries such as cut flowers and ornamental plants, livestock and poultry, furniture and decorative crafts and telecommunications.
It is also a potential area for putting up other industries such as fruit and meat processing as well as oil palm plantation and processing.
Strategically located, Midsayap serves as a major commercial and trading center of the province where farmers from neighboring municipalities bring their agriculture to be sold or traded. Midsayap continuously grew in terms of commerce and trade. It is a first class municipality thriving its way to be the center for business and economic activities. The trade and commerce is expected to continue its upward trend due to the presence of regional, provincial and local government offices as well as Countryside development of adjacent municipalities including Pikit. And also, some products and businessmen from Datu Piang of Maguindanao province contribute to the trading and economic activities,
Moreover, big colleges, hospitals and business establishments continuously invite people from neighboring places which normally increase money in circulation which make it more inviting. 3. Population

The municipalities of Midsayap posted an average population increase of 2.14% annually. For the year 2012, it has a projected population of 137,097. Midsayap comprises 29,934 households with an average of 4.5 or 5 persons per household.

4. Communication
Midsayap is at par with new developed cities. It has communication sites of three big communication lines, aside from Philippine Long Distance Telecommunication, which is in operation for more than three decades. Internet communications is also a part of daily communication among Midsayapenos. 5. Transportation

Jeepneys, tricycles and motorcycles commonly known as “dagit-dagit” are the means of transportation in the area. Dual purpose jeepneys and trucks are also available to service the residents of far-flung barangays as well as to haul farm improvements and products to and from the town’s poblacion. Buses of the North Cotabato Transit Corporation/ Weena and air-conditioned vans that regularly travel to Cotabato City or Davao City route via Midsayap to cater to people living in the nearby municipalities.

6. Brief Description of PPALMA Complex PPALMA complex is an organization composed of six municipalities in the first district of Cotabato namely: Pikit, Pigcawayan, Alamada, Midsayap and Aleosan. Progressive municipalities in terms of development support each other in implementation of infrastructure program for the betterment and welfare of the people. 7. Development Midsayap is a growth center of the province. It now serves a center of commerce, trade and education servicing the adjacent municipalities of Aleosan, Libungan, Alamada and Pigcawayan. 8. Peace and Order In general sense, the peace and order situation of the municipality is good. Police force can handle insurgencies and other criminalities occurring in the area. The insurgencies have no major impact on the municipal peace and order and have not driven away business investors. Demand for the Business Midsayap is a feasible location to establish a business. It is the center of a concentrated market where consumer products and services are heavily traded. From this characteristic, emergences of many businesses are expected. There would be a demand for a leisure center particularly those having videoke rooms because it is not a common offering here in Midsayap. Consumers usually satisfy their curiosity by availing the product or service. If the offering meets or even surpasses customer expectations, they would avail the product or service again. ______ have seen this opportunity to distribute our services aimed at full customer satisfaction. Target Market Residents, belonging to the lower, middle and upper income class, from the Municipality of Midsayap and nearby municipalities are the target markets of _____. Particularly, these are secondary and tertiary students, out of school youth, employees, ehaviour and travelers.
Demand Situation: Historical Demand
Leisure centers are not commonly found in the locality. Consumers are practical spenders and expend most of their earnings on basic necessities. When these businesses are established, demand is volatile and hard to project. Due to this, the proponents cite only one entity operating in a similar manner as ______; it can help determine the present demand for this particular type of establishment. This is the Brine Sam Resto Bar. It is fully occupied by loyal customers, majority are employees, who frequently avail of the bar`s products. Customers patronize a place that sends off a vibe that says, ``You will have a good time here.`` Brine Sam has three exclusive videoke rooms. Employee interviews reveal that an average of fifty (50) customers occupies each room nightly. Projected Demand The entertainment business is a big hit among urban cities. However, it is still in the experimental stage in rural areas. There is only one known exclusive karaoke bar found here in Midsayap. The excess demand that cannot be accommodated by the existing bar will go to the proposed business. The proponents assumed that initial operations will sustain a 65% occupancy rate. This rate is tantamount to sixteen (16) groups consisting of five (8) persons; a total of a eighty (80) guests are expected to come by every night. 70% of the total number of clients is a mixture of employees, out of school youth, labourers and travelers; while the remaining 30% come from secondary and tertiary students from colleges found in the locality such as Notre Dame of Midsayap College, Southern Christian College, St. Jude College Science of Technology and Cotabato Medical Foundation College Inc.
Supply Situation: Historical Supply Exclusive Videoke Bars can be a booming business if given enough public patronage. The market is not yet served by several existing players; this poses an advantage to our proposed business. It can supply public demand efficiently without fear of fierce competition. Brine Sam Resto Bar is the only identified entity that has the same offerings as _________; it currently caters to the existing demand for videoke bars. The establishment is located at Quezon Avenue, Poblacion 6, Midsayap, Cotabato. Business hours are from 5pm up to the wee hours of the morning; customers are no longer allowed after the cut-off time at 12 midnight. The bar is open seven days a week. It houses three exclusive rooms with a maximum capacity of seven persons and rented for P100 per hour. Each room is fully air-conditioned and equipped with modern equipment. Brine Sam doesn’t have a generator to back-up operations in case of power outages. Chips, barbeque and beer are the main food offerings.

Projected Supply The proposed business aims to be the leader in providing the “full” videoke experience in the local marketplace and untapped areas. _________ is designed to hold six fully air-conditioned rooms with a maximum capacity of eight persons. In case of power outages, ________ is equipped with a generator that can power two rooms. The projected demand estimated can be met without any difficulty even in the event of blackout.
Demand Supply Analysis To evaluate project feasibility, demand and supply relationship must be studied, .
Pricing
1. Computation of customer charges is based on total billable hours. A room can be rented for P120 an hour. 2. A mark-up of 40% on sales is used to determine the prices of foods and beverages. The price list is enumerated below:
Marketing Program _____________ will position itself as a leisure center where affordable prices do not compromise service quality. Every peso spent is worth its value. Prices are comparable with other similar establishments so consumers will know that _______ does not overcharge its services. Exclusive videoke room rentals will be its main service. Additional food and drink offerings are available. This will serve as the ancillary services. ________ is located at Quezon Avenue, Poblacion 6, Midsayap, Cotabato in front of Zyking Merchandise. Accessibility and proximity to target markets will make it easy for the business to provide its services. The project site is at the third floor of a commercial building.
Marketing Objectives: a. Long Term

* To be the leading provider of videoke entertainment here in Midsayap. * To gain customer loyalty. * To generate a revenue of at least P on the 3rd year of operations. * To fully recover capital investment in ______. b. Short Term

* To generate revenue of at least P in the first year of operations increasing at % and provide a 10% return on income. * To provide employment. c. Projected Sales Revenue

The two revenue generating centers of _________ are the rental income from the six videoke rooms and sales revenue of food and beverages from the proposed business’ food stall. Total revenue of at least P is expected from initial operations. Sales growth from the two major sources will increase at 10% every year respectively.

d. Marketing Strategy
Being a unique establishment, _______ will use promotion methods with a wide coverage. Radio air time and tv advertisements are the primary marketing tools. Distribution of flyers and leaflets will be done. Most of all, clients’ word of mouth is the best promotion strategy yet it entails zero costs.

e. Competitive Edge * Modern Equipment
Equipment such as Videoke set, CCTV cameras, air conditioners are purchased from authorized dealers to assure the quality and durability of the product. Soundproof walls are employed to heighten the aura of privacy in each room. At ________, guests can sing to their heart’s content. * Affordable Price
To ensure customer loyalty, the hourly billing of rooms and prices of ancillary services will remain the same over the next ______ years. Our services will be available and affordable for all types of income earners and students.

* Less Competitors
Presently, there is only one similar entity offering the same service located not far away from _____________. However, establishments that have karaoke machines minus the VIP rooms such Kawayanan and Rockstairs Videoke can be considered as competitors since potential sales will be lost if the public patronizes these over our proposed business. The number of industry players is few. Consequently, ______ accommodates excess demand; other customers who are loyal to competitors will tend to transfer to our proposed business. Threats of new entrants is minimal since capital outlay needed to start-up and operate is costly. * Security and Accessibility
________ will employ a security guard in the vicinity to assure guests that they are safe even in the ungodly hours. CCTV cameras are placed in strategic locations within and outside the establishment; these are safeguards to protect our customers from any civil unrest. Business site can be located easily since it is just long the highway. Customers can access the area with minimal effort.

* Skilled Personnel
Hiring of employees will be conducted in a strict procedure comprising a series of interviews. This will help management select appropriate individuals for the job. Working personnel should be experienced, competent and open for improvements. ____________ believes that labor force is a one of the casual factors in business’ success. To ensure quality service is maintained, terminations will be handed down to unproductive workers.

f. Possible Fringe Benefits
The business is open from 2pm to 2 am; the cut-off time for receiving customers is Aside from salaries given to employees, they will also be given night shift differential pay, 13th month bonus, SSS and Philhealth benefits.

CHAPTER III: TECHNICAL FEASIBILITY
Service/Product Description Policies and Rules

Location Map

Maintenance
______ uses preventive maintenance to the facilities particularly the videoke machines. These are the main equipment used in providing the services; to meet the customer`s satisfaction and continue daily operations, systems must be preserved. Preventive maintenance helps extend the life of the equipment and to lower the maintenance costs. Management will do the maintenance check-up weekly. Every part and wirings of the videoke machine will be checked to know if something wrong happened. General repairs and maintenance is done once a month by a electric technician.

Equipment and Facilities Needed
Operational machinery: * Refrigerator * Gas Range with LPG tank * Blender * Calculator * Computer * Mobile phone * Videoke set * Microphones * Sofa * Tables * Counter * Cupboard * CCTV cameras * Air conditioner * Power generator
Construction materials needed: * Postland Cement * Washed Sand * Washed Gravel * 10mm Dia. RSB * 12mm Dia. RSB * 16mm Dia. RSB * Tie wire * Plywood * Lumber * Latex paint * Enamel paint * Thinner
Kitchen Utensils: * Service tray * Ladle * Casserole * Frying pan * Knife set * Chopping board * Spoon and fork * Plates * Glasses * Pitcher * Bowl * Ice bucket

Bill of Materials | | | | | | | | | | | Leasehold Improvements | Unit | Quantity | Unit cost | Total Unit Cost | | | | | | I. Concrete works | | | | | a) Masonry and Plastering | | | | | Portland Cement | bags | 1500 | 260 | 390,000.00 | Washed sand | cu.m | 72 | 600 | 43,200.00 | washed gravel | cu.m | 38 | 650 | 24,700.00 | 10mm Dia. RSB | kgs. | 423 | 168 | 71,064.00 | 12mm dia. RSB | kgs. | 25 | 216 | 5,400.00 | 16mm dia. RSB | kgs. | 35 | 445 | 15,575.00 | G.I tie wire | kgs. | 1 | 80 | 80.00 | 10x20x40cm CHB | pcs. | 3500 | 10 | 35,000.00 | Subtotal | | | | 585,019.00 | | | | | | b) Labor | | | | | 5-mason/carpenter | man-days | 450 | 256 | 115,200.00 | 8- Laborer | man-days | 720 | 200 | 144,000.00 | Subtotal | | | | 259,200.00 | II. Carpentry works | | | | | a) Ceiling | | | | | 1/4”x4’x8’ Ord. Plywood | Shts | 98 | 377 | 36,946.00 | assorted CWN | Bdft | 58 | 80 | 4,640.00 | 2”x2”x6’ lumber | Bdft | 400 | 26 | 10,400.00 | 2”x2”x8’ lumber | Bdft | 300 | 26 | 7,800.00 | 2”x2”x10’ lumber | Bdft | 310 | 26 | 8,060.00 | Glass works | Lump sum | | | 100,000.00 | Subtotal | | | | 167,846.00 | | | | b) Labor | | | | | 4- carpenter | man-days | 60 | 256 | 15,360.00 | 4-carpenter | man-days | 60 | 200 | 12,000.00 | Subtotal | | | | 27,360.00 | III. Painting Works | | | | | a) Ceiling & walling | | | | | Polituff | Qrt | 2 | 216 | 432.00 | Latex paint | Gals | 44 | 711 | 31,284.00 | Enamel paint | Gals | 29 | 728 | 21,112.00 | Paint thinner | Pcs | 10 | 324 | 3,240.00 | Paint brush 4” | Pcs | 3 | 86 | 258.00 | Roller paint w/ tray | Unit | 3 | 100 | 300.00 | Subtotal | | | | 56,626.00 | | | | | | b)Labor | | | | | 4 carpenters | man-days | 45 | 256 | 11,520.00 | 4 Laborers | man-days | 45 | 200 | 9,000.00 | Subtotal | | | | 20,520.00 | Total cost of leasehold improvements | | | | 1,116,571.00 |

Equipment | Quantity | Unit Cost | Total Unit Cost | | | | | Calculator | 1 | 650.00 | 650.00 | Computer | 2 | 23,900.00 | 47,800.00 | Mobile Phone | 1 | 1,000.00 | 1,000.00 | Refrigerator | 1 | 28,125.00 | 28,125.00 | Gas stove | 1 | 2,550.00 | 2,550.00 | Blender | 1 | 1,600.00 | 1,600.00 | CCTV cameras( package) | 2 | 15,890.00 | 31,780.00 | Videoke Set | 6 | 24,158.00 | 144,948.00 | Microphone | 6 | 300.00 | 1,800.00 | Generator | 1 | 70,000.00 | 70,000.00 | Air conditioner | 4 | 9,365.00 | 37,460.00 | Subtotal | | | 367, 713.00 | Furniture & Fixtures | | | | Sofa w/ Tables | 6 | 12,500.00 | 75,000.00 | Counter | 1 | 8,000.00 | 8,000.00 | Cupboard | 1 | 6,000.00 | 6,000.00 | Storage Cabinet | 1 | 7,000.00 | 7,000.00 | Mirror | 1 | 80.00 | 80.00 | Subtotal | | | 96,080.00 | Kitchen Utensils | | | | Service Tray | 10 | 80.00 | 800.00 | Ice bucket | 10 | 99.00 | 990.00 | Plates | 4 dozens | 300.00 | 1,200.00 | Glasses | 5 dozens | 480.00 | 2,400.00 | Ladle | 3 | 40.00 | 120.00 | Knife set | 1 | 1,000.00 | 1,000.00 | Chopping Board | 2 | 80.00 | 160.00 | Frying Pan | 2 | 150.00 | 300.00 | Bowl set | 12 | 269.00 | 3228.00 | Pitcher | 10 | 60.00 | 600.00 | Tong | 2 | 35.00 | 70.00 | Subtotal | | | 10,868.00 | Cleaning Tools | | | | Mop | 2 | 100.00 | 200.00 | Pail | 3 | 75.00 | 225.00 | Rags | 5 | 50.00 | 250.00 | Scrub | 2 | 50.00 | 100.00 | Toilet brush | 2 | 20.00 | 40.00 | Soft Brooms | 3 | 135.00 | 405.00 | Broom Sticks | 2 | 20.00 | 40.00 | Dust pan | 1 | 120.00 | 120.00 | Plumber Stick | 1 | 50.00 | 50.00 | Feather duster | 1 | 35.00 | 35.00 | Subtotal | | | 1,465.00 | Total cost of equipment | | | 476,126.00 | Grand Total | | | 1,592,697.00 |

CHAPTER IV: MANAGEMENT AND ENVIRONMENTAL STUDY
Type of Organization The said project is a sole or single proprietorship which is owned by one person known as the sole proprietor. The owner is solely responsible for the capitalization and management of the business and is entitled to all the risk and rewards pertinent thereto.
Organizational Structure

Job Description and Qualifications 1. Manager (optional)
The general manager is responsible for translating executive management’s goals into a plan of action, then delegating the plan to the people who report directly to her. A general manager does not have to be an expert at everything, but she does need to understand the different processes she oversees.

Qualifications: * A Bachelor’s degree graduate and 2 years of supervisory/management experience; or a combination of training and experience. * With pleasing personality

CRITICAL COMPETENCIES:
Sales Management Skills
Business Acumen
Numeracy
General People Management Skills
Analytical Skills
Verbal and Written Communication (English)Skills
Computer Literacy (MS Office)
Results Orientated
Administrative skills 2. Receptionist
Attend to visitors and deal with inquiries on the phone and face to face. Supply information regarding the organization to the general public, clients and customers. Also handles the daily cash register.
Qualifications:
* high school diploma generally required * knowledge of computers and relevant software applications * knowledge of customer service principles and practices keyboard skills * with pleasing personality * preferably single and female 3. Cook
In-charge for the food preparation and cooking. Also perform other duties in the areas of food and final plate preparation including plating and garnishing of cooked items.

Qualifications: * Completion of the secondary level, supplemented by completion of a vocational training course in food preparation and service. * At least 4 years of experience * Basic Food Hygiene Certificate * Thorough knowledge of the materials, methods, and equipment used in preparing food on a large scale * Ability to work from written menus and standard recipes * Preferably single 4. Security Guard They are responsible for monitoring and protecting the property against criminal activity and damage as well as the safety of the customers inside the establishment premises.

Qualifications: * a Filipino citizen * at least high school graduate * physically and mentally fit * not less than 21 nor more than 50 years of age * at least 5 feet and 4 inches in height, preferably male * not suffering from any illness * at least 2 years of experience

5. Utility men
They keep buildings in clean and orderly condition. Also responsible in the general floor cleaning and maintenance of floor finishes and surfaces as well as general window cleaning and wall washing. Take charge of removal of trash, infectious waste and linen. Performing routine maintenance activities and notifying management concerning need for major repairs or additions to lighting, heating, and ventilating equipment. Qualification: * High school diploma or equivalency. * Must not less than 20 nor more than 50 years of age; * physically and mentally healthy
Notations:
* Twelve hours employee duty. They should come thirty minutes before the opening time. The thirty minute allowance is for the staff to check the inventory if stocks are adequate and prepare the establishment making sure that every videoke room is clean and organized. * Daily time records are kept by the manager/owner. This is the basis for computing monthly salaries. Employees who come fifteen minutes after the opening time are considered late. There will be corresponding deductions for late workers. * ________ opens seven days a week except for regular non-working holidays such as holy week, all souls day, new year’s day and labor day and * Salaries are given every end of the month. * SSS and Philhealth benefits and Nighshift differential are included in each employee salary.

CHAPTER VI: SOCIO-ECONOMIC FEASIBILITY
SOCIO-CULTURAL ENVIRONMENT
Nowadays, videoke has become popular in the entertainment industry in Midsayap and most people like to enjoy singing. This proposed business caters all ages, religion, and tribe; whoever you are you are welcome to experience videoke. It is appropriate with friends, family and colleagues or with other people to bond, to unwind or to celebrate certain occasions. This is also the venue for persons who want to show their singing talents.
There are certain issues that come with this business namely litter, noise pollution and other unsocial ehaviour such as violence from customers. Thus, actions are needed to be taken to minimize such. This proposed business come up with sound proof walls so customers could have their privacy and noise will be lessen and could not disturb the neighboring establishments. Trash bins will be placed to maintain the cleanliness and CCTV cameras are to be installed to monitor the ehaviour of the customers.
POLITICO-LEGAL ENVIRONMENT
The proposed business will conform to the political and legal requirements mandated by the government of the Philippines through accomplishing permits from: Department of Trade and Industry (DTI), Bureau of Internal Revenue (BIR), and other agencies concern located in the Municipality of Midsayap. By recognizing its legal obligation, it commits itself to give employees’ salaries and other essential benefits as well as the taxes due to the government. The taxes that will be paid will contribute for the development of the locality.
TECHNOLOGICAL ENVIRONMENT
The business that is to be put up will use modern technology to cope with the advancement in the entertainment industry. Also, this could be an edge from its competitors. This is to make the business efficient and effective in rendering its services. By this, the business will make sure that safety measures are being followed to protect its customers. There will be also repairs and maintenance to secure that the equipments are in good operating condition.
ECONOMIC ENVIRONMENT
Midsayap is known for its strong economic condition for we see the various establishments both commercial and residential situated in this area. Huge percentage of tax is coming from the business establishment and it is one way that makes the economy in good condition. Thus, Midsayap is very attractive place for investment opportunities and putting up a business.
We, the proponents firmly believe that business like____________is one way that contributes job opportunities while achieving its main goal. This proposed business will surely help to boost the economy of the locality through giving additional livelihood and the taxes to be collected by the locality for future development.
CHAPTER VII: SUMMARY OF FINDINGS After the analysis of the major components of this feasibility, the proponents come up with the following conclusions: * There is a demand for the proposed business here in Midsayap. * The total capitalization of P will be solely invested by the owner. * The proposed site is strategically located and accessible to the target market. It is along Quezon Avenue, poblacion 6, Midsayap in front of Zyking Merchandise. _______ will cater to students from schools near the vicinity namely, Southern Christian College, St. Jude College of Science and Technology and Notre dame of Midsayap College. Working personnel and family members *

CHAPTER VIII: RECOMMENDATIONS