INTRODUCTION
Socio economic aspect shows the benefits and beneficiaries of the study.
Businesses are one of the main contributor in a country’s economy. In this aspect,
customers, government, the economy, the environment and the society. This
portion of feasibility study presents the benefits that the people and other entities
BENEFACTORS
Partners
First and foremost, it is basic knowledge that most businesses are put up in
order to gain profit. Assuming that the business will be profitable, the partners will
then gain income from sharing of the profit attained from the business
Employees
aims to better the standing of its employees and provide reasonable wages for
the said employees to meet their daily needs and maybe even live a relatively
comfortable life.
Customers
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As stated in the Market Aspect of this study, Origen aims to provide the
customers a type of convenience which aims to improve the quality of their lives
by saving precious time and resources. In alignment with Origen’s vision, mission,
and objectives, an excellent quality of service and a wide but quality assured
variety of products.
Government
Aside from generating profit for the owners of the business, Origen’s
success would generate a valuable amount of profit for the government as well,
the payment of taxes and whatnot. In the table below, the various fees which go
to the government are listed except for the tax (of which is shown in the
Financial Aspect of this study instead) in order to better conceptualize the figures
Notarize treasurer's
Notarize Php 500.00
affidavit at the notary
Registration of stock
and transfer book
Php 150.00
STB
Php 320.00
Research Fee
Php 10.00
TOTAL COST:
Php 7,040.00
Barangay clearance is
obtained from the
Barangay Clearance Php 500.00
Barangay where the
business is located
License Fee
Php 7,500.00
Obtain the business Business Tax
Business Permit permit to operate from
the BPLO Php 2,408.05
Mayor’s Permit
Php 200.00
100
Php 150.00
Signboard Fee
Php 50.00
Business Plate
Php 300.00
QCBRB
Php 100.00
Zoning Clearance
Php 545.00
Garbage Fee
Php 1,300.00
FSIC
Php 300.00
TOTAL COST:
Php 12,853.05
Certification Fee
Php 100.00
Apply for Certificate of Documentary Stamp
Certificate of
Registration (COR) and Tax
Registration (COR) and
TIN at the Bureau of
TIN Php 15.00
Internal Revenue (BIR)
TOTAL COST
Php 115.00
Registration Fee
TOTAL COST:
101
3,000.00
Farmers
fact that the farmers of La Trinidad have a hard time bringing their products in
the hands of the public market so that they may be sold and that they may
acquire their profits for all they’ve worked for. The fact that Origen is willing to
accommodate these farmers as suppliers for fresh produce solves the problem of
the oversaturation of fresh produce in the public market and helps the farmers
immensely.
Economy
When looking at the bigger picture, all of the benefits listed for the
country. The fact that Origen will be providing many financial opportunities for a
more taxes to be paid, more money put into circulation by operating activities
and etc. There is no doubt that the success of Origen will be able to help the
Community
the reasons stated above, the company also aspires to effect sustainable
outreaches and charitable programs for the benefit of the community. Included
programs for the less fortunate, and outreach programs to the communities who
every year, setting aside a budget of Php 20,000 – 30,000 pesos as an estimate
Summary
community.
to improve the quality of their lives by saving precious time and resources.
Origen will comply to tax laws and other requirements provided by the
government.
By complying with tax regulations and labor laws, giving opportunities for
Origen plans to hold charitable programs and outreaches for the benefit
Submitted by:
Macasieb, Ramir