Draft Print2 2

8/8/2019 Draft Print2 2

1/41

FRUTINA LA CREMA COMPANY PROJECTED BALANCE SHEET

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5ASSETS

CURRENT ASSETS:

Cash Php459,021.02 Php901,235.10 Php977,278.35 (Php232,891.87) Php2,033,337.62Inventory Php1,154,704.28 Php1,481,347.26 Php1,481,347.26 Php1,546,675.31 Php1,541,593.78Office Supplies Php610.66 Php732.83 Php732.83 Php567.95 Php724.19Store Supplies Php9,658.65 Php11,519.38 Php11,590.38 Php5,988.36 Php54,281.61Prepaid Rent Php393,804.00 Php393,804.00 Php393,804.00 Php393,804.00 Php393,804.00

NON CURRENT ASSETS:Tools and Equipment Php366,619.75 Php366,619.00 Php366,619.75 Php366,619.75 Php366,619.75

Less: Acc umu lated Deprec iation, T&Q (Php73,323.95) (Php146,647.90) (Php219,971.85) (Php293 ,295.80) (Php366 ,619.75)

Furniture and Fixtures Php13,596.50 Php13,596.50 Php13,596.50 Php13,596.50 Php13,596.50Less: Accumulated D epreciation, F&F (Php2,719.30) (Php5,438.60) (Php8,157.90) (Php10,877.20) (Php13,596.50)

TOTAL ASSETSPhp2,321,971.6

1Php3,016,839.3

2Php3,016,839.3

2Php2,811,283.7

0Php4,023,741.1

9

LIABILITIES

VAT Payable Php77,260.74 Php316,453.43 Php316,453.43 Php225,009.03 Php665,719.08Accrued Salaries Php69,226.67 Php80,686.67 Php80,686.67 Php80,686.67 Php80,686.67Utilities Payable Php32,000.00 Php32,000.00 Php32,000.00 Php32,000.00 Php32,000.00

TOTAL LIABILITIES Php178,487.41 Php429,140.10 Php429,140.10 Php337,695.70 Php787,405.75

OWNERS EQUITY

M. Cuajotor, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54

A. Galino, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54S. Ignacio, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54A. Maquimot, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54G. Morales, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54M. Paran, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54M. Regio,Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54F. Rojas, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54R. Saga, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54M. Ventura, Capital Php214,448.42 Php258,769.92 Php258,769.92 Php247,358.82 Php323,633.54

TOTAL EQUITY Php2,143,484.2

0Php2,587,699.2

2Php2,587,699.2

2Php2,473,588.0

0Php3,236,335.4

4

TOTAL LIABILITIES AND EQUITY Php2,321,971.6

1Php3,016,839.3

2Php3,016,839.3

2Php2,811,283.7

0Php4,023,741.1

9

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UTINA LA CREMA COMPANY OJECTED STATEMENT OF OWNERS EQUITY

M. Cuajotor A. Galino S. IgnacioA.

Maquimot G. Morales M. Paran M. Regio F. Rojas R. Saga M. Ventura TOTAL

R 1tal,nnin Php200,000.

00Php200,000.

00Php200,000.

00Php200,000.

00Php200,000.

00Php200,000.

00Php200,000.

00Php200,000.

00Php200,000.

00Php200,000.

00Php2,

mePhp1,434,84

2.00Php1,434,84

2.00Php1,434,84

2.00Php1,434,84

2.00Php1,434,84

2.00Php1,434,84

2.00Php1,434,84

2.00Php1,434,84

2.00Php1,434,84

2.00Php1,434,84

2.00Php14

tal, Php214,348.42

Php214,348.42

Php214,348.42

Php214,348.42

Php214,348.42

Php214,348.42

Php214,348.42

Php214,348.42

Php214,348.42

Php214,348.42

Php2


42Php214,348.

42Php214,348.

42Php214,348.

42Php214,348.

42Php214,348.

42Php214,348.

42Php214,348.

42Php214,348.

42Php214,348.

42Php2,

mePhp44,421.5

0Php44,421.5

0Php44,421.5

0Php44,421.5

0Php44,421.5

0Php44,421.5

0Php44,421.5

0Php44,421.5

0Php44,421.5

0Php44,421.5

0Php44

tal, Php258,769.92

Php258,769.92

Php258,769.92

Php258,769.92

Php258,769.92

Php258,769.92

Php258,769.92

Php258,769.92

Php258,769.92

Php258,769.92

Php2


92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php2,

me Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00 Php0.00tal, Php258,769

.92Php258,769

.92Php258,769

.92Php258,769

.92Php258,769

.92Php258,769

.92Php258,769

.92Php258,769

.92Php258,769

.92Php258,769

.92Php2


92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php258,769.

92Php2,

me(Php11,411.1

0)(Php11,411.1

0)(Php11,411.1

0)(Php11,411.1

0)(Php11,411.1

0)(Php11,411.1

0)(Php11,411.1

0)(Php11,411.1

0)(Php11,411.1

0)(Php11,411.1

0)(Php1

tal, Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php2

R 5tal,nnin

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php247,358.82

Php2,

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mePhp76,274.7

2Php76,274.7

2Php76,274.7

2Php76,274.7

2Php76,274.7

2Php76,274.7

2Php76,274.7

2Php76,274.7

2Php76,274.7

2Php76,274.7

2Php76

tal, Php323,633.54

Php323,633.54

Php323,633.54

Php323,633.54

Php323,633.54

Php323,633.54

Php323,633.54

Php323,633.54

Php323,633.54

Php323,633.54

Php3

FRUTINA LA CREMA COMPANY PROJECTED STATEMENT OF CASH FLOWS

Operating Activities

SalesPhp8,929,794.

01Php

11,009,781.08Php

11,009,781.08Php

10,991,009.57Php

10,970,339.90Purchases (4,536,707.88) (5,734,260.98) (5,734,260.98) (5,941,134.90) (5,223,971.40)Salaries Expense (2,492,160.00) (2,492,160.00) (2,492,160.00) (2,492,160.00) (2,492,160.00)Rent Expenses (1,575,216.00) (1,575,216.00) (1,575,216.00) (1,575,216.00) (1,575,216.00)Utilities Expenses (384,000.00) (384,000.00) (384,000.00) (384,000.00) (384,000.00)Tax Expenses (77,260.00) (316,453.43) (316,453.43) (255,009.03) (498,750.38)Depreciation Expenses (76,043.25) (152,086.50) (228,129.75) (304,173.00) (380,216.25)Miscellaneous Expenses (10,000.00) (10,000.00) (10,000.00) (10,000.00) (10,000.00)

Total CashPhp

(221,593.00)Php

345,605.07Php

269,561.82 Php 29,316.97 Php 406,025.45Investing Activities

Tools and EquiptmentPhp

(366,619.75) Php 0 Php 0 Php 0 Php 0Furniture and Fixture (13,596.50) 0 0 0 0Prepaid Rent (393,804.00) (393,804.00) (393,804.00) (393,804.00) (393,804.00)

Total CashPhp

(774,020.25)Php

(393,804.00)Php

(393,804.00)Php

(393,804.00) Php (393,804.00)Financing Activities

M. Cuajotor, CapitalPhp

200,000.00 Php 14,448.42 Php 58,769.92 Php 47,358.82 Php 123,633.54A. Galino, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54S. Ignacio, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54A. Maquimot, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54M. Morales, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54M. Paran, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54I. Regio,Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54

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F. Rojas, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54R. Saga, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54M. Ventura, Capital 200,000.00 14,448.42 58,769.92 47,358.82 123,633.54

Total CashPhp

2,000,000.00Php

144,484.20Php

587,699.20Php

473,588.20Php

1,236,335.40

Net CashPhp

1,004,386.80 Php 96,285.27Php

463,457.02Php

109,101.17Php

1,248,556.85Cash Outlay (5,454,365.78) 345,928.81 (387,473.18) (853,487.70) 551,889.00Cash, Beginning 0 459,021.02 901,235.10 977,278.35 232,891.87

Cash, EndingPhp459,021.

02Php901,235.

10Php977,278.

35Php232,891.

87Php2,033,337.

82

FRUTINA LA CREMA COMPANY PROJECTED INCOME STATEMENT

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

SalesPhp

8,929,794.01Php

11,009,781.08Php

11,009,781.08Php

10,991,009.57Php

10,970,339.90Cost of Goods Sold (4,699,891.59) (5,734,260.98) (5,734,260.98) (5,941,134.90) (5,223,971.40)

Gross ProfitPhp

4,229,902.42Php

5,275,520.10Php

5,275,520.10Php

5,049,964.67Php

5,746,368.50

Expenses:Pre-Operating Php (2,830.00) Php 0.00 Php 0.00 Php 0.00 Php 0.00Operating (2,929,013.85) (2,909,013.85) (2,909,013.85) (2,909,013.85) (2,909,013.85)General and Administrative (1,097,313.60) (1,097,313.60) (1,097,313.60) (1,097,313.60) (1,097,313.60)Salaries 0.00 (275,040.00) (275,040.00) (275,040.00) (275,040.00)Advertising 0.00 (90,000.00) (90,000.00) (40,000.00) (40,000.00)

Income Before Tax Php Php Php Php Php

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220,744.97 904,152.65 904,152.65 728,597.22 1,425,001.10

Income Tax (35%) (77,260.74) (316,453.43) (316,453.43) (255,009.03) (498,750.38)

NET INCOMEPhp

143,484.23Php

587,699.22Php

587,699.22Php

473,588.19Php

926,250.72

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FRUTINA LA CREMA COMPANY STATEMENT OF COST OF GOODS SOLD

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Raw Materials, Purchased

Php

4,536,707.88

Php

4,990,378.67

Php

4,990,378.67

Php

4,990,378.67

Php

3,992,302.40Raw Materials, Beginning 907,341.57 907,341.57 1,179,544.05 1,233,984.54Raw Materials, Ending (907,341.57) (1,179,544.05) (1,179,544.05) (1,233,984.54) (1,045,257.20)

Raw Materials, Used

Php

3,629,366.30

Php

4,718,176.19

Php

4,718,176.19

Php

4,935,938.18

Php

4,184,029.20

Direct Labor Php 599,040.00

Php

599,040.00

Php

599,040.00

Php

599,040.00

Php

599,040.00Overhead 718,848.00 718,848.00 718,848.00 718,848.00 718,848.00

Total Goods Available For Sale

Php

4,947,254.30

Php

6,036,064.00

Php

6,036,064.00

Php

6,253,826.18

Php

5,498,917.20

Finished Goods (247,362.72) (301,803.21) (301,803.21) (312,691.31) (274,945.86)

Costs of Good SoldPhp

4,699,891.59Php

5,734,260.98Php

5,734,260.98Php

5,941,134.90Php

5,223,971.40

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FRUTINA LA CREMA COMPANY SALES SCHEDULE

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5Costs of Good Sold Php4,699,891.59 Php5,734,260.98 Php5,734,260.98 Php5,941,134.90 Php5,223,971.40Mark-Up 4,229,902.40 5,275,520.10 5,275,520.10 5,049,964.67 5,746,368.50

Sales Php8,929,794.01 Php11,009,781.08 Php11,009,781.08 Php10,991,009.57 Php10,970,339.90

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9/41

SCHEDULE OF OPERATING EXPENSESAs of 2010 - 2014

Salaries Expenses

CashierPhp

275,040.00Dine in Crew 275,040.00

Soda Crew 275,040.00 Php 825,120.00

Store Supplies Expense( 48,293.25 x .80) Php 38,634.60

Rent Expense 1,575,216.00Utilities Expense 384,000.00Depreciation Expense

Tools and Equipment Php 73,323.95Furniture and fixtures 2,719.30 2,719.30

Miscellaneous Expense Php 10,000.00

TOTAL OPERATING EXPENSESPhp

2,909,013.85

TOTAL PROJECTED COST

Cash Php 61,006.16Inventory 1,154,704.28

Tools and Equipment 366,619.75Furnitures and Fixtures 13,596.50Prepaid Rent 393,804.00Office Supplies 610.66Store Supplies 9,658.65

Php2,000,000.00

Owners Equity Php 200,000.00M. Cuajotor, Capital 200,000.00

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A. Galino, Capital 200,000.00S. Ignacio, Capital 200,000.00A. Maquimot, Capital 200,000.00G. Morales, Capital 200,000.00M. Paran, Capital 200,000.00M. Regio, Capital 200,000.00F. Rojas, Capital 200,000.00R. Saga, Capital 200,000.00M.Ventura, Capital 200,000.00

TOTAL EQUITY Php 2,000,000.00

IV. SOCIO-ECONOMIC STUDY

A. Socio-economic Benefits in terms of:

i. Employment and Income

Frutina La Crema aids in improving the nations standard of

living by hiring skilled employees. These employees will be an asset

for our company. In order to be successful, our employees will be

compensated well, and will be receiving fair incentives.

In our company, our managements primary reason for

granting certain benefits is that it is required by law. In our firm, the

minimum legal requirements are complied with. Frutina La

Crema , a store providing its employees fair compensation and

benefits comply with these benefits. Our company will be providing

benefits that are more than the legal requirements for better

strategic intents.

It is imperative that employee benefits be strategically

designed. It is not enough to simply benchmark the benefits we are

providing with those of other firms in the industry or in the

community and copy or exceed them. What is more strategic is that

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the benefits in our company are those that are truly needed by our

employees. Standard benefits we will be providing to our employees

are those that are generally needed and availed of by almost all

employees. Examples of these are vacation leave, sick leave,

emergency/bereavement leave, healthcare, and such other basic

needs and amenities in addition to basic salaries and bonuses. In

this manner, our company benefits will have optimum strategic

value to employees, which will enhance their loyalty to our

company. At the same time, our company can also have more

control of the cost of benefits.

ii. Taxes

Lessor shall be liable for the payment of real property tax over

the area occupied by the F&B Facilities. Lessor shall not be liable for

any taxes to be levied on Lessee with respect to the operation,

management and maintenance of the F&B Facilities. At the option of

the Lessor Lessee shall inform Lessor in writing any sales, product,

exercise, use taxes, Value Added Tax or other taxes levied with

respect to the operation, management, and maintenance of the F&B

Facilities and the amount paid. Lessee shall, to the extent that any

such tax liabilities actually arise, account for and remit tax

payments promptly.

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iii. Supply of Commodities

In production of our product, the supply of raw materials will

be purchase from the local market. In this scenario in our business

production, local farmers are given a chance to increase their

production and be part of the growth of our business. With this,

getting additional supply from the local market is a good

opportunity to get our supplies at cheaper costs that lessen the

overall production expense. Also, building good relationship with our

suppliers will be a good tool to get more discounts whenever bulk

purchases are done. Using local materials in our production will help

to increase the income of local producers and later it will add to the

government revenue.

iv. Demand for Materials

One of the Frutina La Crema s tasks is to introduce our main

product with the use of local raw materials to market. Our company

will help to uplift the home-grown materials such as soya beans,

flour, and sugar, and tropical fruits like banana, mango, and

pineapple. We will give local farmers a chance to play a part in our

business production so that they will be motivated to produce more

raw materials for businesses. This will contribute to high

productivity of home-grown materials.

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V. ORGANIZATION AND MANAGEMENT STUDY

A. Formulation of Goals and Objectives

To create 10% awareness about the existence of Frutina

La Crema in the market.

To acquire at least 5% market share of the breads and

fruits Industry

To increase the market coverage by establishing 3 store

branches after 3 years of operation.

To be the no.2 breads and fruits retail store on its first 5

years of operation.

B. Basic Considerations

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In our country where people eat five meals a day, it is a usual

to spot an increasingly large number of eateries to the Filipinos.

Food, considered very important as it represents an integral part of

local art, culture, and communal existence. In the Philippines, eating

is done frequently as a favorite way of life.

The proponents formed Frutina La Crema as a food bar

inside the Linden Suites because we know that there is a good

demand for food industry in the Philippines. Provides dine-in

services and with the same quality but at the fair price that gives

them a wider audience.

The proposed project will need necessary employees to meet

the goals of the organization. The food bar will be operating 15

hours a day and has two shifts with personnel in each over lapping

shift. The administrative and operations manager will be ones in

charge in supervising the production of the enterprise

C. Form of Ownership

Frutina La Crema will be engaged in a partnership form of

business. It will be a general partnership that will be owned and

controlled by 10 capitalist partners who decided and agreed to

equally contribute money worth Php200, 000 each which is equal to

Php2,000,000 as the total owners equity.

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A partnership is defined in Article 1767 of the Civil Code of the

Philippines as a contract whereby two or more persons bind

themselves to contribute money, property or industry into a

common fund with the intention of dividing profits among

themselves.

The partners of the company decided to adapt a partnership

form of business because: it is easier, more convenient, and more

inexpensive to organize and control than a corporation for it is

formed by simple contracts between the partners; the participation

of more than one person allows a closer supervision of the business

activities and operation; and the personal element in the character

of the partners is retained.

PARTNERS CONTRIBUTION

85

NAME OF PARTNERS CONTRIBUTIONMischelle Cuajotor Php 200,000.00

Aizel Galino Php 200,000.00Shiela Ignacio Php 200,000.00

Aizel Maquimot Php 200,000.00Mary Grace Morales Php 200,000.00

Mary Antonette Paran Php 200,000.00Micheal Ian Regio Php 200,000.00

Francis Rojas Php 200,000.00Riza Saga Php 200,000.00

Michelle Ventura Php 200,000.00 TOTAL Php 2,000,000.00


16/41

D. Organizational Chart

CODE OF ETHICS FOR EMPLOYEES

CORE VALUES

Frutina La Cremas values guide how we behave as individuals,

and collectively, our behaviors determine how we are perceived as a

company. Following are the five core values that each of us must

follow and the underlying behaviors that support each value.

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We act with integrity and communicate honestly and openly:

Act ethically and with integrity

Deal with people and issues openly, directly and respectfully

Take actions that are consistent with words

Do the right thing even if unpopular or risky

We are passionate about meeting our customers needs and delivering

for our partners: Demonstrate a passion for understanding and meeting the needs

of our customers and partners

Take active responsibility for the quality of service we provide to

customers and others

Have a can do attitude and bias for action

Hold self and others accountable for results

We are accountable for all of our own actions: these include safety,

protecting the environment, and supporting our communities:

Build safety into everything we do

Take accountability for actions, decisions and results vs. blaming

Demonstrate commitment to improving the health and well-

being of the environment and the communities we serve

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Act in a way that connects the companys actions and the well-

being of the community

We work together as a team and are committed to excellence and

innovation:

Take ownership of team goals and are accountable for own part

in the process

Have high performance expectations and a mind set of

excellence Promote teamwork among groups; discourage we vs. they

thinking

Openly give and receive coaching and feedback

Are innovative in identifying new opportunities and approaches

for our customers and ourselves

Embrace change and are personally willing to undertake it

We respect each other and celebrate our diversity:

Treat fellow employees and customers with respect

Appreciate and value each other and our diverse backgrounds

and life experiences

Celebrate and leverage our diversity

Listen to input from teammates to reach the best solution

Invite feedback from others

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Foster a climate of trust and openness between people

EMPLOYEE CONDUCT STANDARDS

FITNESS FOR DUTY

Youre expected to be mentally and physically fit for work,

reporting to work fit for duty and remaining fit while on duty. Tell

your supervisor if youre taking prescription drugs or over-the-

counter medications that could affect your ability to work safely or

efficiently. You may not be under the influence of alcohol or illegal

drugs while on duty.

USE OF ALCOHOL, ILLEGAL DRUGS, OR MEDICATION

Frutina La Crema is committed to a workplace that is free

from the influence of alcohol and illegal drugs.

As the general rule, you may not consume alcohol while on

duty, including lunches and overtime meals, or on company

property. Officers and the next level of management below officer

may authorize, in advance, the consumption of alcohol for special

occasions or for certain business meetings, as long as such use is

limited and does not violate other legal requirements, such as those

of the Nuclear Regulatory Commission or the Department of

Transportation.

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You may not operate a Frutina La Crema -owned, leased, or

rented vehicle after consuming alcohol. You may not transport

alcohol in a Frutina La Crema -owned, leased, or rented vehicle,

unless you have the prior consent of an officer or the next level of

management below officer.

Do not use, possess, sell, purchase, provide, or be under the

influence of illegal drugs while on duty or on company property. You

also must comply with your specific organizations alcohol and drug

policies.

HARASSMENT AND DISCRIMINATION

Conduct yourself in a professional manner and treat others

with respect, fairness, and dignity. Frutina La Crema does not

tolerate harassment or discrimination, including behavior,

comments, jokes, slurs, e-mail messages, pictures, or other conduct

that contributes to an intimidating or offensive environment. You

must comply with applicable federal, state, and local statutes

prohibiting discrimination or harassment based on race, color,

religion, age, sex, pregnancy, disability, national origin, ancestry,

medical condition, veteran status, marital status, sexual orientation,

gender identity, or any other non-job-related factor.

Officers and other managers are expected to be familiar with

Frutina La Cremas standards on harassment and discrimination

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and with relevant national, state, and local laws. Supervisors who

fail to take action, or who engage in harassment, not only expose

Frutina La Crema to liability, they also expose themselves to

personal liability. Employees also can be held personally liable for

engaging in harassment.

Frutina La Crema has the same expectations for its

contractors, consultants, and suppliers when they engage in

Frutina La Crema -related work.

SAFETY AND HEALTH

Frutina La Crema aims to have an injury and illness-free

work environment for the benefit of employees, customers, and the

general public. Building safety into everything we do is a core

behavior at Frutina La Crema . To this end, perform your work in a

way that will protect yourself, co-workers, and the public. Comply

with all safety and health rules and procedures at all times. Ensure

that your work environment is safe by identifying and controlling

hazards or unsafe situations, helping and encouraging others to

work safely, and placing safety first.

COMMUNITY ACTIVITIES

Frutina La Crema will support the communities it serves by

creating community partnerships, making charitable contributions,

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and volunteering at community events. To make these community

partnerships successful, Frutina la Crema works closely with

community residents and local organizations to identify needs and

develop programs to deliver targeted contributions. The

endorsements section of this handbook applies when youre

engaged in community activities.

PARTNERSHIP ASSETS

Each of us is responsible for the proper acquisition, use,

maintenance, and disposal of partnership assets (e.g., materials,

equipment, tools, information, funds, etc.) and services.

Use partnership assets only for legal and ethical activities.

Protect assets from damage, waste, loss, misuse, or theft.

Dispose of assets only with appropriate written approval.

Frutina La Cremas goal is to obtain fair market value for all

assets that no longer are needed, unless they are donated with

appropriate approval. Frutina La Crema may have a legal

responsibility to report a donation to a charitable entity or a

political organization, so you will need to request approval in

advance.

Dont destroy or take intangible assets, including information

about Frutina La Crema or others that you obtain in the course

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of your job. This responsibility extends to such information when

youre no longer employed by Frutina La Crema.

Partnership assets such as computers, telephone, and

vehicles are intended primarily for Frutina La Crema business.

Frutina La Crema allows limited personal use of these and similar

assets as long as such use is occasional, is not for outside

employment, doesnt result in excessive costs, doesnt interfere

with your work responsibilities, and is in compliance with laws,

regulations, and any business line or local restrictions. Personal use

of a vehicle must be incidental to business use. If you would like to

allow a charitable entity or political organization to use any such

corporate asset, Frutina La Crema may need to report the use as

a donation. You will need to request approval in advance. Please

talk to your manager before making arrangements.

Other corporate assets, including such things as equipment,

tools, and similar assets, may be used only for Frutina La Crema

business and are not available for personal use. Exceptions are

permitted in emergency situations or with officer approval.

EMPLOYEE PRIVACY

Frutina La Crema retains the right to monitor its assets and

work environments in compliance with applicable national, state,

and local law. It monitors to promote safety, prevent criminal

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activity, investigate alleged misconduct and security violations,

manage information systems, or for other business reasons.

Even though limited personal use of company assets is

permitted, you should have no expectation of privacy when you use

Frutina La Crema computer, voicemail, or other systems to

create, access, transmit, or store information. Such information is

accessible to Frutina La Crema even if it is password-protected or

deleted by the user.

BUSINESS EXPENSES

Use Frutina La Crema funds for business expenses only,

whether paying by cash, or other method. Use good judgment to

keep business expenses (for example, meal expenses) reasonable.

Youre expected to comply with Frutina La Cremas requirements

for incurring and reporting business expenses. Report all expenses

promptly and accurately via the travel and expense system.

SCHEDULE OF SALARY

GENERAL MANAGER

Rate: P545/daySchedule of Cut off: every 15 th and 30 th day of the month

Schedule of Pay day: every 4 th and 19 th day of the monthMode of compensation: Pay to cash

ACCOUNTANT

Rate: P7, 000/ sessionMode of compensation: Pay to cash

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DINING ATTENDEE/ CASHIER/ BAKER/ KITCHEN CREW

Rate: P382/daySchedule of Cut off: every 15 th and 30 th day of the monthSchedule of Pay day: every 4 th and 19 th day of the month

Mode of compensation: Pay to cash

E. Officers and Key Personnel

GENERAL MANAGER

Requirements:

Male/Female at least 25-35 years old

Graduate of Bachelor of Science in Business

Administration

At least 5 years managerial experience in same position

Good communication skills

Dedicated to work and flexible

Responsibilities:

The GENERAL MANAGER is the overall in charge and

responsible for managing both the revenue and cost of the

store. The General Manager also oversees most or all of the

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firms marketing and sales functions as well as the day-to-day

operations of the business. Frequently, the General Manager

is also responsible for leading or coordinating the strategic

planning functions of the company. The General Manager

must have the authority to delegate duties and

responsibilities and must evaluates employee and document

report.

CASHIER

Requirements:

Female at least 23 years of age and with pleasing personality

Must have at least 2 years experience at the same position

College Level

Have good mathematical skills.

Responsibilities:

The CASHIER handles records and acts as custodian of all the

money collected and disbursed.

BAKER

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Requirements :

Male at least 25 years of age

Must be a graduate of at least 2-yr culinary courses

Must have at least 2 years experience at the same position

Responsibilities:

The Baker is the one responsible for mixing, kneading, and

baking of breads.

DINING ATTENDEE

Requirements:


At least college level With pleasing personality and at least 54 in height

Must be a dedicated worker and honest in handling money.

Responsibilities:

The DINING ATTENDEE takes and serves the order to the

customer. They are also the one giving and taking the customers

bill.

KITCHEN CREW

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Requirements:


At least college level

Must know how to operate different kitchen equipments

Preferably with experience as a kitchen crew

Responsibilities:

The KITCHEN CREW is responsible for preparation and cooking

of raw materials for the products to be made, washing up of utensils

used, and preparation of products to be served to the customer.

ACCOUNTANT (On-call monthly)

Requirements:

Male/Female at least 25 years of age Certified Public Accountant

Must have 2 years experience

Must be professional, responsible and enthusiastic with his

work

Must have a good mathematical skills

Responsibilities:

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The ACCOUNTANT prepares monthly and annual income

statements, balance sheets, and cash flows. He also facilitates

financial analysis.

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PROJECT SCHEDULE

100

Activities FEB MAR APR MA Y JUN JUL AUG SEP OCT NOV DEC JANProject Conceptualization

and IdeationPreparation of Project

Feasibility StudyRegistration of Legal

RequirementPreparing for Facilities and

MachineriesProject Store Design & Lay-

outArrangement and

Supervision for Managementand Crew Selection

Training and Seminars forSelected Managers and

CrewsPromotions and Test

Marketing and Dry Run

Start of Normal Operation


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VI. RECOMMENDATION

Frutina La Crema envisions that the company will reach their

objective of having 15% of market share at The Linden Suites. After

successfully dominating the market on its first year of operation, the

company plans to produce additional product line that will perfectly

suit the markets preference. Also with the Frutina La Crema s

continuous growth in the industry, it will then offer additional services

that will an opportunity for the company to widen its market.

For the next years of operation, the company plans to dominate

additional 5% over its present target market. Frutina La Crema

plans to expand store outlets each year at different exclusive and high

class condotels and malls after getting stabilized in the market.

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CURRICULUM VITAE

NAME: MISCHELLE G. CUAJOTOR

ADDRESS: 217 P. Madagara St. Sta.Ana Pateros,Manila

EMAIL ADDRESS: [email protected]

BIRTHDATE: June 26, 1987

AGE: 22

EDUCATIONAL BACKGROUND

TERTIARY: Polytechnic University of the Philippines

Bachelor in Business Administration Major in Marketing

2007-Present

Bachelor of Science in Accountancy

2005-2007

SECONDARY: Aloran Trade High School

2000-2004

ELEMENTARY: Capt. H. Francisco Elementary School

1994-2000

Do not fear of reaching a distant goal, but of failing to move

forward

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CURRICULUM VITAE

NAME: AIZEL N. GALINO

ADDRESS: 26-B Balingasa St. Balintawak, Quezon City


BIRTHDATE: December 03, 1987

AGE: 21




2007-Present


2005-2007

SECONDARY: Caloocan High School

2000-2004

ELEMENTARY: Balingasa Elementary School

1994-2000

Always be a blessing to others

CURRICULUM VITAE

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NAME: SHIELA P. IGNACIO

ADDRESS: 414 F. Clemente St. Pulong Yantok, Angat, Bulacan


BIRTHDATE: June 13, 1988

AGE: 21




2007-Present


2005-2007

SECONDARY: Pulong Buhangin High School

2001-2005

ELEMENTARY: Pulong Yantok Elementary School1995-2001

I know I am blessed

CURRICULUM VITAE

NAME: AIZEL M. MAQUIMOT

ADDRESS: 36 6 th Ave. Brgy. Socorro Murphy Cubao, Quezon City

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BIRTHDATE: August 05, 1989

AGE: 20




2007-Present


2006-2007

SECONDARY: Marinduque National High School

2002-2006

ELEMENTARY: Bantay Elementary School

1996-2002

Life is happiest when you are needed by others and can do things

for others

CURRICULUM VITAE

NAME: MARY GRACE S. MORALES

ADDRESS: 38 Villa Bernardo St. San Joaquin, Pasig City


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2007-Present


2005-2007

SECONDARY: San Jose del Monte National Trade School

2001-2005

ELEMENTARY: San Rafael BBH Elementary School

2000-2001

Baclaran Elementary School Central

1995-2000

Whatever you asked for in prayer, believe and you will receive

CURRICULUM VITAE

NAME: MICHAEL IAN NAVAREZ REGIO

ADDRESS: 296 San Jose Ext., Antipolo City


BIRTHDATE: May 22, 1990

AGE: 19

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2006-Present

SECONDARY: Southridge Private High School

2002-2006

ELEMENTARY: Mother Goose Montessori Grade School

1996-2002

Everything happens for a reason

CURRICULUM VITAE

NAME: FRANCIS T. ROJAS

ADDRESS: 48-3 Kabalitang St. Krus na Ligas Diliman, Quezon City


BIRTHDATE: October 07, 1988

AGE: 20


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2007-Present


2005-2007

SECONDARY: Bato Rural Development High School

2001-2005

ELEMENTARY: Bato Central Elementary School

2000-2001

With God everything is Possible!

CURRICULUM VITAE

NAME: RIZA NAVELGAS SAGA

ADDRESS: Ph.8A Blk.95 Lot21 Bagong Silang, Caloocan City


BIRTHDATE: November 28, 1986

AGE: 22




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2007-Present


2005-2007

SECONDARY: Bagong Silang High School

2000-2004

ELEMENTARY: Bagong Silang Elementary School

1994-2000

What is essential is invisible to the eye

CURRICULUM VITAE

NAME: MICHELLE YU VENTURAADDRESS: 2331 San Anton St. Sampaloc, Manila


BIRTHDATE: October 15, 1988

AGE: 20




2007-Present


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2005-2007

SECONDARY: Tayug National High School

2001-2005

ELEMENTARY: Tayug Central Elementary School

1995-2001

The greater success in life is to stand up from failure

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