Feasibility Study on Whitening Soap Essay

I. EXECUTIVE analysisWith todays generation be actually conscious of their undress, both hands and women atomic number 18 faced with the problem of choosing polar kinds of colour products.As students that be looking at for new(prenominal) ways to earn money, our sort out has come up with the idea of making a discolor soap that not only serves its main purpose of whitening but likewise give the users the expiation of using soaps that develop great scents and ar likable to the consumers.Competitive AdvantageIt is a fact that the majority of the consumers of whitening products are from the teens and young adults that seek to nurture their grate and complexion.Our product clearly has an advantage compared to other whitening products because first it is very harmonic to the consumers both men and women of all ages because of its ludicrous color and the selection of different scents. point MarketSince the recent trend in spectator products in todays market is widely on whitening and anti-aging, and the fact that people are very conscious with their appearance, has existd to the advocates of this study to discern the following target segment.Target Segmentsmiddle-aged women that are beauty conscious This collection of people is usually those that have satisfactory income to purchase beauty products. They are also the ones that prioritize in preserving their appearance since they are the ones that are starting to age.Dark shinny people These are the people that invite to have a lighter skintone and want to achieve their end instantly.II. BUSINESS PLANBusiness exemplificationA Marketing StrategyThe biggest challenge that result be faced by change our product is that we have some an(prenominal) competitors in the beauty industry and many of them are already established companies and sellers.The ancient business target markets are the Universities and Banks that constitute the major clients of the beauty industry.B harvest-feast Strateg ySince the current market is already made up of many suppliers and sellers of beauty products most specifically in whitening, we have made our product more appealing in terms of its colors and ferment that other products dont have. cracking Requirement5,000 PhpDETAILED COST allocation FOR 3 YEARSParticularsIndirect Materials stripe for repacking15,800Delivery Fare10,500Cash FlowWith this dandy requirement, we ordain be able to procure 45 pcs of soap for our free radical and we leave be able to repack them and sell them for cxx per pc.If everything goes well, we will reinvest the money we have take in for more products in order for us to dumbfound more income.Forecasted Net IncomeSalesP 263,250 hail of sales 182,250Other Expenses 26,300Gross ProfitP 54,700*This forecasted illuminate income is income for three years.Recommendation and FindingsThe fact that our group chose to buy and sell instead of manufacturing our have product, we will be able to generate income with just a little mensuration of capital. We will also find it easier in the field of buying and selling because we will only order products and repack them only when clients will be ordering from us and frankincense we will not be prop products for long periods of times before selling them.ConclusionWe therefore conclude that expend 5,000 in this industry will climb up to be beneficial for us because it proves that we lavatory generate profit from it.