Edge Incorporated: A business plan on keep it together
Executive Summary. Edge Incorporated is composed of nine incorporators. The pride of Edge Incorporated is K.I.T., which stands for keep it together . The product is a portable and hangable organizer that can be carried along or hung on the wall. It has several pockets that can neatly store different...
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Main Authors: | , , , , , , , , |
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Format: | text |
Language: | English |
Published: |
Animo Repository
2001
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Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/11994 |
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Institution: | De La Salle University |
Language: | English |
Summary: | Executive Summary. Edge Incorporated is composed of nine incorporators. The pride of Edge Incorporated is K.I.T., which stands for keep it together . The product is a portable and hangable organizer that can be carried along or hung on the wall. It has several pockets that can neatly store different things.
The primary market of K.I.T. is college students particularly those from the upper and middle class. The secondary markets are young professionals and high school students. From the survey conducted by the proponents they were able to find out that there is a strong demand of the product. This is indicated by gross market acceptability rate of 83.11%.
Based on the results of the time and motion study it was found that the assembly line method best suits the operations of the business. The average capacity is 13 units per production day. Meanwhile, the total production cost P99.09. The monthly projected output totals to 525 units.
The total authorized capital stock of the corporation is 3,600 shares with a par value of P 10. Each incorporator subscribes to 400 shares. The paid-up capital is P 1,000 per incorporator.
The total authorized capital stock of the corporation is 3,600 shares with a par value of P10. Each incorporator subscribes to 400 shares. The paid-up capital is P 1,000 per incorporator.
At the end of nine months of operation the company will have a net sales of P 104,475. The return on investment is 470.18%. In order to break-even the corporation should sell 104 units.
Like any other business the company is prone to several risks including market centered risks, management centered risks, production centered risks and financial risks. The company has established preventive measures to reduce probable consequences that may affect the operations of the business. |
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