SIMPLIFIED ECONOMIC SURVEY

FOR PRIMARY COOPERATIVES:

I.

GENERAL INFORMATION

a. Proposed Name: SOLACE-BURGANIC COOPERATIVE

b. Type of Cooperative: PURCHASING (CONSUMER) COOPERATIVE
c. Field of Membership: OCCUPATIONAL
d. Address of Cooperative: 4232 #183 LOT-D BAGUMBAYAN, TANAUAN CITY,
BATANGAS
e. No. of Original Member: FIFTEEN (15)
f. Projected Increase in Membership for the:
st
1 Year : 15
nd
2 Year: 35
rd
3 Year: 50
II. PURPOSE OF THE COOPERATIVE:
A. General Purpose:
To meet the needs of its member on a cooperative basis and
to support and promote the cooperative movement.
B. Secondary Purposes:
Promote equitable distribution of net surplus through
maximum utilization.
C. Proposed Business Activities (State goods/products/services to be offered by the
proposed cooperative:
The Cooperative offers burger with health benefits and flat shoes with
replaceable ribbon and will be distributed among the members that enable them to
increase to attain increased income and savings.
III. ECONOMIC AND TECHNICAL ASPECTS OF BUSINESS OPERATIONS:
a.

Are there any other entities (such as cooperatives) within your proposed area that
offer the same goods/services offered by your proposed cooperative? If so, state how
many and what is the total volume of business they generate.

b. How many employees and where will the cooperative get the personnel required
to administer business operation of the cooperative?
c. What machineries/equipment will be required for the business operation of the
cooperative?
d.

Do the officers/employees/members need any special training for the business

operations of the cooperative? If so, what?

1. Accounting for Non-Accountants

2. Entrepreneurship Seminar
3. Leadership and Management Training
e. Given the present situation on the proposed area, explain how the proposed
cooperative will succeed in its operation?

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IV. FINANCIAL ASPECTS:

a. Where and how will the cooperative obtain its operating capital? State
whether contributions/loans/donations/grants.

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b. How much may the cooperative earn during the first year of business operation?

c. In its second year?

d. Third year?

e. How much will the Cooperative require for its operating expenses in the First Year?
First Year?
Second Year?
Third Year?
f. Does the Cooperative intend to have capital investment? If so, state what
capital investments and when such will be realized.
V. MANAGEMENT STRUCTURE:
a. Who will be designated to manage the day-to-day operations of the Cooperative?
b. Will the members be required to deposit their services with the cooperative?
c. How many persons will comprise the Board of Directors of the Cooperative?
The BOD of the Cooperative consists of 5 members.
d. What will be the role of the Board of Directors?
1. Policy making body
2. Recommend development plans of the cooperative
3. Appoint the Treasurer, Secretary, members of the Ethics Committee, Credit and
Collection Committee, Mediation and Conciliation Committee and the Management
Staff
e. Will the cooperative have an Audit Committee? YES.
f. Will the Cooperative have a Credit Committee? YES.
g. Will the Cooperative hire an Accountant/Bookkeeper?
John Paul Soriano, CPA
h. What will be the proposed compensation of the
following? (1) Manager
(2) Accountant
(3) Clerks
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SUBMITTED BY:
POSITION:

MIKHAELA E. FERRER
Chairperson

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