A.

Inventory of Required Supplies, Equipments, Materials, and Utilities

1. Office Supplies

Item Description Qty. Supplier Unit Price Total Price

Record Book 24 ₱ 120 ₱ 1,440

Bond Paper 42 ream 150 6,300

Expandable Folder 24 70 1,680

Adhesive Tape 8 pack 148 1,184

Pens 9 box 720 6,840

Staples 42 box 48 2,016

Desk Organizer 3 400 1 200

Clipboards 1 150 750

Heavy Duty Stapler 3 550 1 650

Heavy Duty Puncher 1 225 225

Calculator 2 480 960

TOTAL ₱ 21,395

Table 3.1 Office Supplies required budget

2. Foot Spa & Massage Products

Item Description Qty. Supplier Unit Price Total Price

Foot Scrub 84 130 ₱ 10,920

Foot Soak 84 130 10,920

Foot Lotion 60 280 16,800

Essential Oil (unscented) 72 248 17,856

Essential Oil 48 376 18,048

Creams 60 150 9,000

Hot & Cold Packs 60 130 7,800

Scented Candles 12 pack 268 3,216

Incense 12 pack 146 1,752

Carpal Tunnel Gloves 24 Ace Hardware 164 3,936

TOTAL ₱ 100,248

Table 3.2 Foot Spa & Massage Products required budget

3. Garra Rufa Fish Products

Item Description Qty. Supplier Unit Price Total Price

Digital pH meter 3 unit 1,200 ₱ 3,600

Fish Food 36 pack 195 7,020

Fish Vitamins 20 bottle 210 4,200

TOTAL ₱ 14,820

Table 3.3 Garra Rufa Fish Tank required budget

4. Foot Spa & Massage Equipments

Item Description Qty. Supplier Unit Price Total Price

Bed Linen 15 468 ₱ 7,020

Cover Sheet 15 190 2,850

Massage Tables 5 3,190 15,950

Massage Mat 2 1,020 5,100

Small Drawer 5 1,215 6,075

Neck Bolster 3 416 1,248

Massage Uniform 6 600 3,600

Stone Heater 3 2,463 7,389

Volcanic Hot Stone

16 pc 93.75 1,500
Massage

Thumpers 1 UniX 4,880 4,880

Foot File 4 116 464

Foot Bubbler with Heater 2 1,600 3,200

Small Circular Table 4 340 1,360

Costucoast
Garra rufa Fish & Tank 2 set 25,000 50,000
Corporation

Massage Chair 1 iRest Philippines 40,000 40,000

TOTAL ₱ 150,636

Table 3.4 Foot Spa and Massage Equipment required budget

5. Supplies and Cleaning Materials

Item Description Qty. Supplier Unit Price Total Price

Disposable Plastic 1200 pc 1.5 ₱ 1,800

Detergents 24 178 4,272

Hand Sanitizer 48 70 3,360

Jumbo Roll Tissue 24 roll 75 1,800

Magazine 10 346 3,460

Dust pan 4 55 220

Toilet bowl brush 3 25 75

Toilet rubber pump 3 30 90

Air Purifier 9 pc 50 450

Hand Towel 10 50 500

Floor map 4 90 360

Soft Broom 5 70 350

Trash Bin 3 set 195 585

TOTAL ₱ 17,322

Table 3.5 Supplies and Cleaning Materials required budget

6. Leasehold Improvements

Item Description Qty. Supplier Unit Price Total Price

Cement 85 sack 348 ₱ 29,580

Grout 8 sack 120 960

Sand and Gravel 1 load 550 550

Marble Tile 98 220 21,560

Wooden Tile 641 25 16,025

Wallpaper 4 140 560

Plywood 22 255 5,610

Concrete Nails 3 kg 37 111

Lightings 32 130 4,160

Chandelier 2 970 1,940

Wood 18 125 (4 pcs) 562

Wood Nails 6 kg 35 210

Flexible Hose 3 roll 1 800 5,400

Copper Wire 2 box 1 800 3,600

Junction Box 6 110 660

Plyboard 7 450 1,050

Sink 3 1 850 5,550

Varnish 3 65 195

Sand Paper 5 25 125

Glass 2 6 400 12,800

Door 7 13 400 13,400

Windows 5 2 940 14,700

Labor Cost 80,000

TOTAL ₱ 219,308

Table 3.6 Leasehold Improvement required budget

7. Office Equipment

Item Description Qty. Supplier Unit Price Total Price

Computer Unit 2 set 21 000 ₱ 42 000

Table 3 pc 1 881 5 643

Executive Chair 3 pc 1 400 4 200

Chair 2 pc 485 970

Printer 1 pc 4 385 4 385

Telephone 1 pc 985 985

TOTAL ₱ 58,183

Table 3.7 Office Equipment required budget

 8. Other Equipments and Materials

Item Description Qty. Supplier Unit Price Total Price

Computer 1 21 000 ₱ 21 000

Inverter Air Conditioner 1 44 000 44 000

Exhaust Fan 4 650 2,600

Air Condition 2 7 200 14 400

Generator 1 11 000 11 000

Wi-Fi w/ Landline 1 2 600 2 600

TOTAL ₱ 95,600

Table 3.8 Other Equipment and Materials required budget

9. Technical Equipment

Item Description Qty. Supplier Unit Price Total Price

Ceiling Speaker 2 set 2 100 ₱ 4 200

Conference Mic 1 420 420

TOTAL ₱ 4,620

Table 3.9 Technical Equipment required budget

10. Security Equipment

Item Description Qty. Supplier Unit Price Total Price

CCTV Camera 2 set 4 750 ₱ 9 500

Fire Extinguisher 2 pc 382 764

TOTAL ₱ 10,264

Table 3.10 Security Equipment required budget

11. Furniture and Fixtures

Item Description Qty. Supplier Unit Price Total Price

Sofa 1 set 23 500 ₱ 23 500

Table w/ Chair 2 5 100 10 200

Desk Chair 3 784 2 352

Drawer 3 975 2 925

Small Shelf 1 1 126 1 126

TOTAL ₱ 40,103

Table 3.11 Furniture and fixtures required budget

12. Utilities Expense

Item Description Source Price Total Price

Electricity & Water Lanao del Sur Electric 6/kw ₱ 21,840

Cooperative Inc.
 (140kw per day)

Wifi PLDT Fibr 2,399 2,399

Telephone PLDT Fibr (free of charge)

TOTAL ₱ 24,239

Table 3.12 Utilities expense required budget

B. Premises Requirements, Availability, and Necessary Modifications

The premise of the proposed business is on the available building located at upper

commercial center beside Mishkas. The Team decided to lease the 2nd floor of the building and as

negotiated with the owner we agreed to pay 400,000 rental fees annually.

We will be renovating the interior of the building that will match the concept of

our business, together with the exterior design of the building. In addition to that, we will install

CCTV for safety and security of both employees and customer.

The proposed location has a 150 square meter building so it will be composed of

waiting area and front desk, massage room, foot spa area, comfort room, pantry, storage, and

office area. The waiting area in the lobby is the place where the customers can read magazines

and books, drink free tea, and relax while waiting. The front desk will also be in the lobby

wherein two of the staff, the receptionist and the cashier, will be positioned. The front line

officer or receptionist will accommodate customer inquiries, reservations, and provide menu

service for the customers. The cashier will also be in the front desk to accept payments from the

customers. The massage room is where the customer will be having his/her massage service. The

foot spa area is where the all foot spa service will be rendered by the masseuse, together with the
Garra Rufa fish spa. Two comfort rooms will also be made, a pantry for both the employer and

employees, and a storage room for the essential oils, lotions, and other materials necessary for

the massage. There will also be an office for the administrative purposes.

C. Personnel Requirements

The Getaway: Foot Spa and Massage will hire two managers among the partners to

monitor and control the entire business, two female and two male massage therapists. The

partners will also hire one Front line officer on the front desk, to entertain and answer customer

inquiries, a Cashier to collect the payment that by the customers, and also one Utility worker for

the regular maintenance of the building. Overall, there will be 9 personnel needed for the

implementation and continuing success of the proposed business.

As for the salary and wages, it will depend on the position and type of work they

are assigned. The benefits that will be given to employees are the usage of the pantry without

charge, a bonus at the end of the year,…

a) Salaries and Wages

Number of Monthly
Position Annual rate
Employees Rate

Manager 1 ₱ 18,000 ₱ 216,000

Accountant 1 16,000 192,000

Massage Therapist 4 10,000 480,000

 Front line officer/Receptionist 1 6,500 78,000

Cashier 1 6,000 72,000

Utility Worker 1 5,500 66,000

TOTAL 9 ₱ 92,000 ₱ 1,104,000

Table 3.12 Salaries and Wages of the employees

D. Insurance Requirements

The following are the lists of requirement in order for the business to operate:

1. Business Permit (DTI/SEC)

a. Must Submit

 Name Verification Slip

 Articles of Partnership

 Registration Data Sheet

b. Payment of:

 P100.00/reservation for 30 days;

 “1/5” of 1% of partnership’s capital but not less than 2,000,000 plus 1% of the

amount as legal research fee.

2. Mayor’s Permit
Securing a business permit from the Mayor’s Office can only be done after accomplishing two

other registrations:

 The registration of the business with the Department of Trade and Industry or DTI (for

single proprietorship) or with the Securities and Exchange Commission or SEC (for

partnership or corporation); and,

 Securing a Business Barangay Clearance.

a) Requirements for Mayor’s Permit

 Certification – either one of the following:

DTI Business Name Certificate; or,

SEC Articles of Partnership; or,

SEC Certificate of Incorporation

 Barangay Clearance / Permit

 Contract of Lease or Land Title / Tax Declaration

 Letter of owner with ID

 Sketch of Location

 Occupancy Permit

 Locational Clearance

 Public Liability Insurance

  Community Tax Certificate (Cedula)

 Fire Permit

 Sanitary Permit

b) Process of getting Mayor’s Permit:

 Application for Locational Clearance

Before filing an application at the Business Permits and Licensing Office (BPLO), the business

must first have a Locational Clearance. Ask for the application form the designated City Hall of

the business.

 File the application together with the requirements.

 Go to the receiving section.

 Get a queue number and wait for the turn to be called.

Someone will assess if the application is for processing or for inspection.

 If the application is assessed for processing, the locational clearance will be released after

3 working days.

 If the application is assessed for inspection, the locational clearance will be released after

5 working days.

 Assessment of Fees
  Go to the Business Permits and Licensing Office (BPLO).

 Ask for the business registration form.

 Fill it out and have it notarized.

Needed requirements: 1-2 and 7-9 in this step. The insurance can be bought at the accredited

insurance company, while the Cedula can be bought at the City Treasurer’s Office. Submit the

application to the BPLO assessor. He will then assess how much will the fees be. After the

assessment, go to the BPLO officer to have the assessment validated.

 Submission

Submit the application and assessment to the receiving section of the BPLO. The BPLO staff

will provide a receiving copy. The payment can be processed the day after the BPLO turned over

the application to the cashier’s office. That means this cannot be finished in one day.

 Payment of Mayor’s Permit Fee

Go to the Cashier’s Office located at the City Hall. The available modes of payment are through

the following:

 Cash

 Manager’s Check – payable to City Treasurer

 Fire Permit

After the payment, go to the assigned Fire Department personnel located at the lobby of new

building of the MCH. Present the paid application for the issuance of fire permit.

 Sanitary Permit

Go to the Sanitary Division, submit the paid application. Wait for 15 to 30 minutes for the

release of the temporary sanitary permit.

Issuance of Sanitary Permit will take place after completing these:

 Microbiological water analysis (company office)

 Pest control from accredited pest control operators (sanitary office have the list of their

accredited pest control operators)

 Health certificate for all employees

 Release of Business / Mayor’s Permit

Submit the paid applications together with the fire and temporary sanitary permit. Wait for 15 to

30 minutes for the issuance of Mayor’s / Business Permit.

3. Bureau of Internal Revenue

CORPORATIONS/PARTNERSHIPS (Including Government-Owned and -Controlled

Corporations) (Taxable /Non-Taxable)

Tax Form

BIR Form 1903 - Application for Registration for Corporations/ Partnerships (Taxable/Non-

Taxable)

Documentary Requirements

For Corporations/Partnerships

 Copy of SEC Registration and Articles of Incorporation/Articles of Partnerships, as the

case may be;

 Copy of Mayor’s Business Permit or duly received Application for Mayor’s Business

Permit, if the former is still in process with the LGU

Other documents for submission only if applicable:

a) Contract of Lease;

b) Certificate of Authority if Barangay Micro Business Enterprises (BMBE) registered

entity;

c) Franchise Agreement;

d) License to Do Business in the Philippines, in case of resident foreign corporation;

e) Proof of Registration/Permit to Operate with BOI, SBMA, BCDA, PEZA.

Procedures

a) Accomplish BIR Form 1903 and submit the same together with the documentary

requirements to the RDO having jurisdiction over the place where the head office and

branch, respectively.

b) Pay the Annual Registration Fee (P500.00) at the Authorized Agent Banks (AABs) of the

concerned RDO.

c) Pay Documentary Stamp Tax (DST) (loose DST / BIR Form 2000* for DST on Contract

of Lease, etc). Present proofs of payment.

d) Submit requirements for ATP and registration of books of accounts.

e) Attend the taxpayer’s initial briefing to be conducted by the RDO concerned for new

registrants in order to apprise them of their rights and duties/responsibilities.

f) The RDO shall then issue the Certificate of Registration (Form 2303) together with the

“Ask for Receipt” notice, Authority to Print and Books of Accounts.

Deadline

› Corporations and their branches shall accomplish and file the application on or before the

commencement of business, it shall be reckoned from the day when the first sale transaction

occurred or within thirty (30) calendar days from the issuance of Mayor's Permit/PTR by LGU,
or Certificate of Registration issued by the Securities and Exchange Commission (SEC),

whichever comes earlier.

› In the case of corporations (Taxable or Non-taxable) where documentary stamp tax (DST) is

required to be paid within five (5) days after the close of the month, BIR Registration shall be

done on or before payment of DST due.

› Partnerships, Associations, Cooperatives, Government Agencies and Instrumentalities (GAIs)

shall accomplish and file the application before or upon filing of any applicable tax return,

statement or declaration as required by the Code, as amended.