Feasibility Study On Quail Egg Production
Feasibility Study On Quail Egg Production
Feasibility Study On Quail Egg Production
Presented to:
PROF. LIBAN
Proponents:
MYLA D. BUNAGAN
ERVIN T. DEJUMO
ARLEEN A. GASPAR
ROMEO Q. MALLILLIN
MBA-1
ACKNOWLEDGEMENT
Table of Contents
A. Project Title
B. Project Location .
C. Project Rationale
2. Market Description.
3. Demand .
4. Supply .
6. Market Share .
I. MARKET ASPECT
7. Marketing Program.
8. Price Study .
1. The Product .
2. Manufacturing Process .
6. Plant Layout
9. Utilities
10.Water Disposal
11.Production Cost
12.Labor Requirements
IV.
FINANCIAL ASPECT
2. Sources of Fund
4. Financial Analysis
V.
SOCIO-ECONOMIC ASPECT
VI.
1. SUMMARY OF FINDINGS
A. Project Title
The Project is entitled A Feasibility Study on
Philippine Mallard Duck (Itik) Egg Production and
Processing.
There
are
several
reasons
why
the
because
of
its
egg.
Duck
is
second
to
ducks
archipelago
value.
egg)
for
its
Secondly,
is
sold
daily
delicious
duck
is
throughout
flavor
and
considered
as
the
nutritive
the
most
range
of
climatic
and
nutritional
conditions
start
off
with
minimal
start-up
capital.
It
and
chickens.
More
less
space
for
importantly,
rearing
ducks
are
compared
shown
to
to
be
subsist
researchers
on
endeavor
variety
to
of
study
feeds.
the
Thus,
feasibility
the
of
B. Project Location
Ducks can be raised in areas near bodies of water
or in areas where there are rice fields to feed on
after harvest.
have
chosen
barangay
of
Lanna
Cagayan
to
be
the
specifically
main
in
location
of
the
the
proposed project. The lot which will house the farm has
an area of ______. The farm is relatively far from
residential
areas
about
230
meters,
as
required
by
300
square
meters,
the
lot
will
cost
Php
300,000.
C. Project Rationale
study
entitled
Feasibility
Study
on
aims
to
explore
the
possibility
of
sufficient
information
and
analyses
order
proposed
to
project,
determine
the
the
following
feasibility
questions
of
shall
the
be
answered:
A.
Market Aspect
1. What benefits can be derived from the proposed
project?
2. What are the products to be produced?
3. Are the products competitive as to other goods
in the market?
4. Is
the
production
capacity
of
the
project
5. Are
the
products
produced
acceptable
by
the
prospective market?
B.
Technical Aspect
1. Is there ready and adequate location for the
proposed project?
2. Is the location accessible for transportation?
3. Are there available resources of equipment and
other technical requirements like raw materials
needed for the proposed project?
4. Are there qualified technical personnel who can
provide
service
for
the
installation
and
the
proposed
project
environmentally-
friendly?
8. Are there available methods of waste material
disposal?
C.
Financial Aspect
8
kind
of
taxes
and
licenses
will
the
D.
Organizational Aspect
1. What form of organizational structure will the
proposed project adapt?
2. Are the enough qualified people to manage the
proposed project?
3. Do we have some assistance from the government
regarding organization and development of the
association that can best manage this type of
project?
E.
Socio-economic Aspect
1. Will the project affect the lifestyle of the
farmers in Solana, Cagayan?
2. Will it generate employment?
3. Will
it
earn
additional
investment
in
the
community?
4. Will
it
improve
the
economic
condition
of
Solana, Cagayan?
5. Will it add income to the government?
10
I.
MARKET ASPECT
1. The Need of the Project
This
putting
study
up
aims
to
ascertain
business
on
Itik
the
feasibility
Egg
Production
of
and
could
be
viewed
from
the
effects
it
could
particular,
who
are
exploring
viable
investment
will
information
provide
comprehensive
on
aspects
all
of
vital
the
background
business.
It
aspect,
financial
aspect,
management
and
who
will
be
directly
or
indirectly
to
certain
the
massive
livelihood
program
now
being
12
2. Market Description
The
proponents
seek
to
penetrate
the
market
as
and
then
subsequently
sold
to
consumers.
to
its
competitive
advantage,
duck
eggs
are
The
products
composition
gives
the
of
duck
consumers
eggs
more
and
their
calories,
bymore
eggs
(108
Kcal
for
ducks;
75
Kcal
for
3. Demand
3.1 Present Demand
At present, marketing of duck eggs is not a problem
since demand is high. In fact, supply is still unable
to meet the demand for balut and other egg products.
In the Philippines, about 90 percent of total duck
egg production is used for processing (BASSRTC 1998).
87 percent of which is processed into balut and another
7 percent is processed into salted eggs. The remaining
6 percent consists of century eggs, penoy, and other
unidentified forms. This means that balut accounts for
about 80 percent of total egg production. This emphasis
on
balut
production
is
unique
feature
of
the
balut
Philippines
for
and
their
penoy
unique
are
delicacies
taste
and
in
the
nutritional
Projected Demand
14
4. Supply
4.1 Present Supply
As mentioned previously, supply is still unable to
meet the demand for balut and other egg products.
4.2
Projected Supply
Projected Supply
(per annum)
240,000
360,000
400,000
480,000
560,000
15
Total
Demand
Total
Supply
Varianc
e
Percentage of
Satisfied/Dissatisfied
6. Market Share
Year
Total Demand
Target Market
Share
% of Market
Share
1
2
3
4
5
7. Marketing Program
7.1 Present Marketing Program
(Marketing program of other producers)
7.2
->
assembler-wholesaler
->
retailer
->
consumer
In this type of marketing channel, the assembling of
duck eggs is in the producers area and the eggs are
later sold to retailers in the market.
2. Producer -> assembler-wholesaler -> balut operator ->
retailer(vendor) -> consumer
The
producer
sells
the
duck
egg
to
the
assembler-
->
balut
operator
->
retailer(vendor)
->
consumer
In this instance, the balut operator directly gets duck
eggs
from
the
producer
and
sells
to
the
retailer/
17
The
producer
retailer
for
sells
the
duck
processing.
egg
The
to
the
assembler-
assembler-wholesaler
8. Price Study
8.1 Present Selling Price
At present, the selling price of duck eggs in the market is
pegged at 7.00 per piece. The cost of production has an
estimated cost of 3.00 per egg piece.
8.2
Descriptio
n
Unit
Pric
e
Quantit
y
Descriptio
n
1
2
3
4
5
II.
18
Unit
Pric
e
Tota
l
Pric
e
with
the
breeding,
feeding,
proper
housing
and
handling of the ducks until the ducks are ready to lay eggs.
The
breeding
the
ducks,
several
stages
are
involved;
lot
which
is
about
300
square
meters
will
Production Schedule
19
The
12%
will
be
accounted
as
cost
of
the
estimated
egg
business enterprise.
The
880
ducks
which
survived
has
an
5. Plant/Project Location
The farm shall be located in Lanna, Solana, Cagayan where
6. Plant Layout
7. Building and Facilities
The
building
which
will
house
the
office
of
the
Description
Drakes
Ducks
Duck Feeds
Unit Cost
Total Cost
10.00/drake
10,000.00
1,100/sack
22,000.00
20
10 packs
Vetracin
(supplement)
Screen
15x18 tent
12x15 tent
50 meters
2 pieces
8.2
Year
500/pack
5,000.00
Projected Materials/Supplies
Quantity
Descriptio
n
Unit Cost
Total Cost
9. Utilities
10. Waste Disposal
In a duck hatchery or balutan, the primary product is
balut and day-old ducklings. Infertile eggs and penoy are,
likewise, used as food. The fully or partially developed
embryos that was either partly hatched or not hatched are
processed and utilized by pigs for feeds.
11. Production Cost
Raw
Labor
Materia Cost
l Cost
21
Number of
Workers
Wage Rate
Total
Direct Labor
Sales
Representativ
e
Indirect
Labor
Delivery Boy
Administrativ
e
Manager
Total
No. of
Workers
Year
1
Year
2
Year
3
Year
4
Year
5
Direct Labor
Indrect Labor
Administrativ
e Labor
Total
Year 1
Year 2
Year 3
Year 4
Year 5
22
1.2
their next task. The distribution of the eggs that are ready
to be sold in the market will also be their function.
1.3
Position
No. of
Labor
Educational Qualification
Age
Experienc
e
Manager
2535
year
s
old
2 years
of
experienc
e in
manageria
l
position
Helper/Farmer
/Delivery Boy
20
year
s of
age
or
olde
r
At least
1 year of
experienc
e in
poultry
raising
1.4
1.5
IDENTIFICATION
OF ACTIVITY
A
B
ACTIVITY DESCRIPTION
Feasibility Study
Preparation
Preparation of other
Supporting Documents
TIME/DURATION
(Month)
3 months
45 days
24
C
D
E
F
G
H
IV.
2 months
1 month
45 days
2 months
15-20 days
1 month
Pre-Operating Cost
Pre-Operating Salaries
Pre-Operating Activity
Fixed Assets
Land/Land Improvement
Building
Machine and Equipment
Installation of Machinery
Working Capital
Labor
Direct
Indirect
Administrative
Total
TOTAL PROJECT COST
5,000.00
10,000.00
the
cumulative
investments
of
the
owners
of
the
2015
2016
2017
2018
2019
1,680,0
00
1,680,0
00
1,680,0
00
1,680,0
00
1,680,0
00
26
Miscellaneous
Total
Operating
Expenses
Income from
Operation
Less: Income
Tax
Net Income
3.2
Year
Cash Receipts
Cash
Beginning
Sales
Proceed of
Loan
Intial
Capital
Less: Cash
Disbursement
Operating
Expenses
Purchase of
Fix Assets
Building
Construction
Farm
Construction
Purchases
Payment of
Loan
Amortization
Payment of
Interest
Payment of
Taxes
Total Cash
Disbursement
2015
2016
2017
2018
2019
1,680,0
00
1,680,0
00
1,680,0
00
1,680,0
00
1,680,0
00
27
Cash Ending
3.3
Year
ASSETS
Current
Assets
Cash
Inventory
on Hand
Total Current
Assets
Fixed Assets
Machinery
and Equipment
Land
Building
Less:
Accumulated
Depreciation
Furniture
and Fixtures
Total Fixed
Assets
Other Assets
Total Assets
LIABILITIES
AND
PARTNERSEQUI
TY
Liabilities
Loans
Payable
Tax Payable
Total
Liabilities
Partners
Equity
Capital
Net Income
Balance Sheet
2015
2016
2017
2018
2019
1,680,0
00
1,680,0
00
1,680,0
00
1,680,0
00
1,680,0
00
28
Total
Partners
Equity
Total
Liabilities
and Partners
Equity
Net Worth
V.
VI.
4. Financial Analyses
4.1 Test of Liquidity
4.2 Test of Profitability
SOCIO-ECONOMIC ASPECT
a. Socio-economic Contribution
b. Employment Opportunity
SUMMARY OF FINDINGS
1. Management Feasibility
2. Market Feasibility
3. Technical Feasibility
4. Financial Feasibility
5. Socio-Economic Feasibility
CONCLUSIONS
1. Management Feasibility
2. Market Feasibility
3. Technical Feasibility
4. Financial Feasibility
5. Socio-Economic Feasibility
RECOMMENDATIONS
Based
on
the
findings
and
conclusions
made,
the
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