Banig Organizer Bag

Our future plans entertain developing our musical none of trigger off necessities which atomic number 18 the traveling Bags, Passport Holders and other Travel Accessories wholly depart even make with the main growth humongous in a span of 5 classs in spite of appearance the industry. We define our market as Travel Accessories. We currently jibe 83. 33% of this market only a certain bea of our target market which is UN Eave. And believe we can intrigue 95 %of it by year 2018. Some of our virtually notable clients Include Travel Managers International Inc. , Broad agency affect Inc. And Allures Travel Inc. As of now we still onto ache a direct competitor who makes the aforesaid(prenominal) openhearted of ingathering that we do but there argon alternatives to our harvest-tide including Travel Kits made of leathers and Organizers made of plastics. Our product is unique/superior because of its main lethargyerial which is the Banging. We contain a competitive adva ntage because of our easy accessibility of our portions and intensity of our product. We anticipate new companies to enter this market because of the growing knowingness for temperament kindly products.The greatest risks associated with our affair today are shift of muckle seeking the elf of travel agencies because they would preferably use the internet to allow their own. We feel we can overcome these risks because of there are still a huge number of people who trust to seek skipper assistant in doing tours and there would always be clients who we can offer go. Our biggest ac hunchledge opportunities Include the growing number of tourist and the awareness of nature friendly products The management team up is led by General Manager Ms.Ma. Patricia I Del Rosaries who founded the company in 2016. She graduated at Far easterly university with a degree of notice board Tourism Management. She previously kick the bucketed as a gross revenue Associate and Front Desk agent in Arizona, USA. The Product Design ships officer is Ms. Cezanne Anne Manual together with Ms. Tanganyika Guttering both graduated with a degree of bulletin board organization Tourism Management The Sales and Marketing Officers Is Ms. Glacial Lazar with a degree of BBS Hotel and Restaurant Management and Ms.Czarina Abode graduate of BBS Tourism Management And The Finance Officer Ms. Journalize Joe Santos too from Far Eastern university with a degree of BBS Tourism Management. We have office primed(p) in 1120 Medial Extension, Otis, Pace, manila paper. We currently perform outsourcing at Clamping Marking City. Our kernel full time staff is composed of 6 people and our products are distributed by direct selling. The expenses for a year by allocating budgets for individually. We expect to post an exit within 5 years by rationalization.Financial Snapshot In the fourth quarter, our company had gross sales of PH 162,500 and net income of PH 40,625, compared to sales of PH 83,500 a nd net income of PH 20,875 in first Quarter. MANAGEMENT flavour Key Business Operation Contemplation pull up stakes be spare-time moivity the chain of command principle when any new reduce projects arise. Our purchase and quality assuring officers and our finance officer bequeath be responsible in all of the details regarding the contract between the credit line entity and the source manufacturer.If everything looks good and we want to move forward with the proposal we get out take it to our superior general bus to get his/her compliment. When the general manager approves the proposal, our sales and merchandising manager pass on begin advertising the new product. Contemplation will focus mainly on word of mouth, social networks, and in any case sales calls to help make the product seen to the public. After advertising the product, we expect the travel agencies will want to pick up the new product line and begin selling them in their agency.With an established chain of command, we are taking the steps to make sure that there is full company approval on all new product designs. The followers are the most important concept in key operation Quality tick off We always check our end product we examine the final product and looks for defects and how it can be improved. This improves product flow and solves minor problems that could become study issues later on. Customer Satisfaction It is important for us to measure customer triumph for their every transaction with us this helps us to identify the functions that emergency the most attention.Marketing Identifying the carrys of the market for us to develop more strategies to take on market demand sequence exceeding market expectations. Finance Ensuring the business financial stability by maintaining financial records of the business transactions and sourcing curb types of finance to fund its operations. Reliability and Adaptability It cans an interesting tension in our thumping busines s operations. Our operations need to be reliable. We all need to know hat we can produce in a certain measure of units to meet voltage demand no matter what.We also need enough adaptability to change with market and technology shifts and embrace new practices to encumber our operations efficient. We chose to make Contemplation a general partnership business entity. All parties involved are responsible for the business, and they share all assets, liabilities, and kale within the partnership as a separate entity. Also, all partners have a financial duty to one another, and are expected to act in the best interests of the partnership as a whole rather than Just for their individual(prenominal) behalf.That is why we feel that Contemplation will fly high as a business and chose a general partnership entity because each partner will bring a specific strength to the company. organisational Structure The organizational structure of the business shows the arrangement of the employees p osition within the organization. The chart shows the key function of every employee within the company. It should be utilize for the primary purpose of facilitating the achievement of organizational goals in an efficient manner.Job definition Position General Manager Job description Obtains profit component by managing staff establishing and accomplishing easiness objectives. Job line of work Increases managements effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers communicating values, strategies, and objectives assigning accountabilities planning, monitoring, and appraising Job results developing incentives developing a climate for offering schooling and opinions providing educational opportunities.Develops strategic plan by studying technological and financial opportunities presenting assumptions recommending results measurements allocating resources reviewing progress making mid-course corrections. Coordinates efforts by establishing procurement, production, marketing, field, and proficient services policies and practices coordinating actions with corporate staff. Builds company image by collaborating with customers, government, confederation organizations, and employees enforcing ethical business practices. Maintains quality service by establishing and enforcing organization standards.Maintains passe-partout and technical knowledge by attending educational workshops reviewing professional publications establishing personal networks benchmarking state-of-the-art practices participating in professional societies. Contributes to team effort by accomplishing related results as needed. Finance Officer Provides management with financial information by researching and analyzing accounts preparing financial statements. Job Task Prepares consoli namingd internal and foreign financial statements by gathering and analyzing information from the general ledger system and from departments.Maintains and balances an automated consolidation system by inputting data scheduling necessary Jobs verifying data. Analyzes information and options by developing spreadsheet handles verifying information. Prepares general ledger entries by maintaining records and files accommodative accounts. Prepares take overments by accruing expenses assigning account numbers requesting disbursements reconciling accounts. Develops and implements accounting procedures by analyzing current procedures recommending changes. Answers accounting and financial questions by researching and version data.Provides accounting support for mergers and acquisitions by reviewing financial information converting data to general ledger system obtaining supplementary information for preparing financial statements. Protects organizations value by keeping information confidential. Up get winds Job knowledge by participating in educational opportunities reading professional publications maintaining personal networks participa ting in professional organizations. Accomplishes accounting and organization mission by completing related results as needed.Product Design Manager Provide the needed operational requirements of manufacturing and off aim operations. Job Task Tracks and receives all incoming and out difference packages. Maintains and organizes all education samples. Oversee quality control for all domestic samples Work with the design of the product and to revise and update technical flats Manage ND report prototype level costing information throughout the costing accomplish deadlines and approvals for costing, quality evaluation, color, fabric and trims are met.Coordinate all grinder communication for the maturement of proto-types. Such responsibilities will include establishing the timeline, raw material management, and approval requirements with the factory during the centralization process. Sales and Marketing Manager Sales and Marketing manager has the knowledge of customers needs and wants , ability of balancing customer satisfaction. Job Task Knows how to do pricing strategyIdentify and evaluate the establishment objectives Formulate the marketing strategy/ marketing mix Compile the list of product/ service offerings air commercial surveys/comments to identify another potential markets and to know the customer satisfaction Ensure increase revenue of the company Handling sales telephone set calls and e-mails Communicating with clients prior to their course and recording all correspondence compiling client Information Packs Assisting with the copy writing of marketing materials Developing and implementing ideas for the marketing and sales Utilizing social outworking opportunities to facilitate sales and increase brand awareness Assisting with promotional events Attending and presenting at trade shows and school fairs Salaries Position account of Persons Salary Total Salaries P 15,000. 00 P 9,500. 00 Product Design Officers 2 Sales and Marketing Officers P 19,500. 00 TOTAL P 62500. 00 Mandatory Benefits These are mandatory requirements for employees are as follows ASS All employees who are not 60 years of age have to be covered by the Social Security System (ASS).Both the employees and the business entity pay for the membership diet of the employee. The pith of the persona is based on the employees monthly salary and the record of contribution set by ASS. Coverage takes effect on the date of employment. Page-lbs. All employees who are not 60 years of age are also covered by Page-lbs. (Home Development Mutual Fund). In the same manner as that of ASS, both employees and the business entity pay for the membership contributions. The amount of the contribution is based on the employees monthly salary and the schedule of contribution set by ASS. Coverage takes effect on the date of employment.Public Holidays The monthly salary of each member would include national public holidays. thirteenth month pay The 13th month pay is an extra pay given to all employees who have been employed for at least a month. If the employee has been employed for less than a year, the computation will be pro-rated depending on the length of service of the employee. Retirement Pay To ensure that the employee is financially specify upon retirement from the business entity, an equivalent of a half-month of salary will be contributed to the employees retirement fund. This will start on the fifth year of service of the employee with the company. Pre-Employment RequirementsThe applicant is required to undergo pre-employment medical examination and submit the by-line Transcript of Records (original & 1 photocopy). The original copy will be returned to the expectation after verification ASS spell (submit E-1 /E-4, if available) Tax Identification Number NIB Clearance (dated not later than 6 months) Municipality Permit from capital of the Philippines / Mayors Permit from Manila Police Clearance Health Certificate from Manila Six PCs. XIX colored ID picture (white background) druthers Every employee will be required to participate in the General Orientation design on his/her first day of employment. The objectives of the program are as follows unify the employee with the Companys Mission, Vision and Values.Familiarize the employee on information relating to company policies and procedures and house rules Instill the splendor of customer satisfaction by providing best service, quality and products Familiarize employees with our products and services Develop a sense of ownership and pride towards the attainment of companys goals and objectives The Orientation Program will be conducted by the General Manager. Performance judgment The performance management system is an open and honest 3600 appraisal. This remembers that your neighboring(a) Manager will not only appraise you but you will also appraise yourself and be appraised by your own peers within the Team.All appraisals will cover Your performance over the previous peri od which will be based on the performance standards set for each competency pen Your strengths, weaknesses, opportunities and the specific ways to develop and enhance your skills and competencies Identification of your training, education and festering needs Your career development plan for the year ahead appear of this discussion, your career development plan will be set for the year to come, ND an action plan will be drawn up to guide you towards the attainment of your career goal. You will be advised in advance of your appraisal, when it will take place and what you need to do to complot for it. You will have an appraisal within three months of starting work and another one, before your probationary period ends. Upon reorganization, an appraisal will be conducted regularly depending on the need of the employee and also of the Team. Ideally, an appraisal must be conducted every six months.Each subsequent appraisal must be plan six months after or no later than 12 months from the date of the previous appraisal. TECHNICAL ASPECT Product Concept Contemplation has imagine a line of products to introduce to the market but as all visions, it will have to begin with steps to get to the goal. Contemplation will launch its pioneer product which will be a Travel Organizer, It will be made with its main material which will be banging, Andover mat usually used in the Philippines for sleeping and sitting. The mat is made of burl, panda or sea grass leaves then the leaves are dried, usually dyed, and then cut into strips and woven into mats, which may be uncompounded or intricate.It will be produced with this material mainly because one of Banging for their livelihood and also to promote the Philippines being its traditional product which symbolizes their way of living, which is simplicity. The organizer will consist of pockets that will be able to hold items such as Passports, flight tickets, credit cards as soundly up as other personal belongings. In addition t o the pockets, we will also incorporate special dividers and holders that will help organize all minor(ip) items such as chargers, earphones, pens/pencils, and basically anything else that may be needed during travel. This is going to be a unique and a one of a kind item that will cake traveling easier for any type of traveler. world made of banging it will show the true goal of the Philippines while still having those popular trend young adults are looking for.Benefit Contemplatively organizer, a banging with zipper closures, has a variety of benefits that could be interesting for potential customers. Travel Organizers are terrific for avoiding what could otherwise be a clutter mess in your bag, and make life easier for security inspections as well this approach also makes smaller items less likely to be upset or forgotten. Company Profile and Logo Contemplation is a vocation business entity that will produce products made of bang. Contemplation will provide a product that ha s a unique Filipino touch provided it will be sold in an affordable price. It will also help promote the Philippines by using the raw materials that are traditionally produced in the Philippines.The name behind Contemplation is a mixture of the talking to Contemporary and Pinto. Contemporary meaning happening on the same period, the team chose this word to exactly people specially Filipinos are losing track of what their culture really is and their way of living are focused on following the trends internationally. The team wants to bring back the banging to the public, to be better appreciated in the current time and to be once again representing the Philippines as a product know to the world. Contemn comes from the word contemporary it mean modern Pinto is referring to the Filipino people in the Philippines Contemn (letters with banging design) because our product is made of Banging.