PATEROS DUCK FARMING

PARTNERSHIP
PURPOSE OF THE BUSINESS

 To satisfy duck meat and egg consumer

 To provide quality egg and duck at
affordable prices
 To be the first productive duck farming in
Abuyog
 To provide employment
DESCRIPTION OF THE
BUSINESS
 The Pateros Duck Farming is a duck selling business
located at Sitio. Malangto, Abuyog, Leyte. The Pateros
Duck Farming is a partnership type of business which
aims to provide great quality and healthy ducks for all
the buyers and to be the best duck provider.
Pateros Duck Farming offers a product primarily
eggs, meat, and balut. The eggs will be sold and
consumed daily within Abuyog and its nearest locality,
both in fresh and preserved forms. Duck meat is also
gaining around in the market as well as the popular
product which is known "balut". The balut product will
be distributed to our valued customer for them to
resell or consumed.
PROPOSE LOCATION

 Pateros Duck Farming business

partnership is planning to build our duck
house in a quiet, cool place and near as
possible to a stream or pond. The perfect
place that we chose is Sitio. Malangto of
Abuyog. Local materials like bamboo and
nipa are cool.
BUSNINESS OWNERSHIP

Pateros Duck Farming business is a type of

partnership business which is created by four
members namely Amante, Mark Jundee, Bayo,
Mary Joy, Malasaga, Joy and Tomboc, Ma. Luz with
the starting up capital of ₱800,000. Every partner
agrees to contribute a total of ₱200,000 each.
In the agreement also, we agreed that the
profits earned will be divided as accordance or
equitable to the contribution shared by each
partners. The cost and expenses in operating the
business will be deducted from its capital
contribution.
FORM OF BUSINESS

Pateros Duck Farming has a line type

of business structure. The business is
organized in such a way in which the
President is at the top. Then followed by
managers in specific areas. Each manager
can focus only their work without
interfering the other and can directly
report to the President.
BUSINESS STRUCTURE
Mark Jundee Amante
President

Joy Malasaga Mary Joy Bayo

Ma. Luz Tomboc Finance Manager
Production Sales Manger
Manager
 JOB DESCRIPTION

President

- the one who is responsible for planning, directing and

overseeing the operations and he is also responsible for
planning and maintaining work systems, procedures, and
policies in leading people in an organization. Must have a
knowledge and experience in business, supervision and
management.
 Production Manager

- is responsible for the technical management, supervision

and control of the industrial production processes. She
must ensure that manufacturing process run liably and
efficiently.
She is responsible in planning and organizing
production schedules, assessing project and resources
requirements, ensuring that health and safety regulations
are met, determining quality control standards, overseeing
production processes, selecting, ordering and purchasing
materials and supervising the work of junior staff.
 Financial Manager

- work within the public and private sector they are

responsible for providing financial advice and undertaking
related accounts administration. She advises clients on
appropriate business planning and help in decision
making processes to ensure that businesses are
financially successful. Financial manager is responsible in
collating, preparing and interpreting reports, budgets,
accounts, commentaries and financial statement,
undertaking strategic analysis and assisting with strategic
plan, produces long- term business plans, undertaking
research into pricing, competitors and factors affecting
performance, controlling income, cash flow and
expenditure, managing budgets and supervising staff.
 Sales Manager

- leads a team of sales professionals for a

company. She work with large profile customer
or with customers complaint, analyze budgets,
and determine ways to streamline and improve
the sales process. A sales manager will set
prices, sales and deals and analyze current
trends to set future sales goals.
 JOB SPECIFICATION

President

- a bachelor's degree or equivalent in business or

departmentally relates field

- A minimum of three years of responsible leadership

experiences in management or supervisory position.

- Specialized training in managing human resources.

Production Manager

- project management skills

- Communication skills

- Teamwork skills

- must have a bachelor's degree in business field

- Leadership and interpersonal skills

Financial Manager

- must have a bachelor's degree

- Good oral and written skills

- Self- motivated

- Commercial awareness

- Initiative and the ability to work as part of a team

Sales Manager

– master’s degree in business management or related field

- Significant experience 1-5 years or more in the sales field

- With communication skills

Executive Summary
Brief description of the project
The Pateros Duck Farming is a duck selling
business located at Sitio. Malangto, Abuyog, Leyte.
The Pateros Duck Farming is a partnership type
of business which aims to provide great quality
and healthy ducks for all the buyers and to be the
best duck provider.
Pateros Duck Farming offers a product primarily eggs,
meat, and balut. The eggs will be sold and consumed
daily within Abuyog and its nearest locality, both in
fresh and preserved forms. Duck meat is also gaining
around in the market as well as the popular product
which is known "balut". The balut product will be
distributed to our valued customer for them to resell
or consumed
Brief profile of the
Entrepreneurs
 The Pateros Duck Farming Partnership is operated by
Mark Jundee Amante, Ma. Luz Tomboc, Joy Malasaga, and
Mary Joy Bayo.
Mark Jundee Amante has been voted to be the President
because of his ability of leading and managing people which
can be applies in operating duck farming business.

Joy Malasaga has an experience of being a saleslady which

developed her ability in dealing customers experiences,
while Ma. Luz Tomboc has been into a different kind of job, one
of those was she became a saleslady of dress and foot wear at
Parañaque City. She has good communication skills to negotiate
with the customers.

Mary Joy Bayo who has a background in selling vegetables

owned by her parents which enhances her ability in good
communication, sales talk and friendly approach.
Project Contribution to the
Economy
Marketing Plan

The marketing mix of Pateros duck farming

covers 4P's namely the Product, Price,
Place, and Promotion and explains
marketing strategy. The Pateros duck
business will elaborate the pricing,
advertising and distribution strategies
used
Product
Marketing duck products is very easy.
Pateros duck farming is primarily
produces meats, eggs, and balut. Duck
products are the most demand product in
local communities. Pateros duck farming
will provide not only a good quality
product nutritious food for the consumer
Pricing
The pricing strategy in the marketing mix of
Pateros Duck Farming is dependent to
the products the customers want to
purchase. We offer affordable prices
considering the common population and
the status of our customer. We will give
some discounts and other benefits for
our whole sellers and permanent
customers.
Place
Pateros Duck Farming is targeting local
residence of Abuyog, Javier, and McArthur.
We will distribute our products in free
delivery with the use of Mitsubishi L300
delivery van to the place where our
customer located especially in far from the
market place, small businesses like sari- sari
store or a big store and whoever who
wanted to order our products will be
granted. In just one call for orders we will
deliver our products within minutes only.
Promotion

Pateros Duck Farming will use different

promotion strategies for the growth and
development of our business. In making
our business popular we will use radio
advertisement, players, online posting and
sales talk to encourage our valued
customer to purchase the products we
offer
Fixed Assets
Vehicle

Description Number required Unit cost Total cost

Mitsubishi L300 fb
deluxe, white color and
1 620,000 620,000
has length of 4100mm,
width of 1695mm and a
height of 1795mm
wheelbase 2200mm,
tinted.
Total 620,000
Machinery and Tools

Description Number required Unit cost Total cost

Cylindrical bamboo
incubator basket (
1 5000 5,000
45cm in diameter and
60 cm deep)

Total 5,000
 Furniture and Fittings
Description Number Unit cost Total cost
required
V. Technology
330x 330 M
100 25 2,500
plastic egg
trays with
golden color
and has a
capacity of 30
eggs with a
weight of 150
to 200g
Storage
cabinet made
2 2,800 5,600
of plywoods,
rectangular in
shape, 3
layers and has
a length of 5
meters and 3
meters width.
Total 8,100
Pre- operating Activities and Expenses

Activities Timeframe Cost

Licensing 1 year 3,000

Advertising 1 year 10,000

Total 13,000

Office equipment
Description Number Required Unit cost Total cost

Cyclone fire
extinguisher ABC dry 1 3,000 3,000
chemical bundle (red)
with 1 x 05 lbs with
free wall bracket

Total 3,000
Administrative Cost

Description Monthly cost

Electricity bills 1,500

Salaries and wages 9,000

Taxes 500

Fuel fees 500

Total 11,500
Future capacity

Pateros Duck Farming Partnership would like to

raise 210 pieces of native or Pateros duck
includes 200 female ducks and 10 male ducks
which are expected to increase. Pateros breed
are raised for eggs, meat, and balut production
which is the primary products of the business.
The products will be distributed to our target
market which is the residence of Abuyog, Javier
and McArthur.
Raw Materials

Description Number required Unit cost Total cost

Rice hulls 10 sacks 0 0

Snails 10 sacks 0 0

Cassava 10 sacks 3.25/ kg. 32.5

Camote 10 sacks 2.5/ kg. 25.00

Total 57. 50
 Building

Descriptions Number required Unit cost Total cost

Made up of bamboo,
wood and nipa with
1 31, 720 31,720
one storage room
which measures "3x4"
meter square

Total 31,720
Life of Fixed Assets

Description Amount Term Depreciation per

annum

Machinery and Tools 5,000 5 1,000

Furniture and Fixtures 8,100 5 1,620

Vehicle 620,000 10 62,000

Building 31,720 10 3,172

Total 67,792
Terms and Condition of Purchase of Fixed Assets

The fixed assets that will be used in operating

Pateros Duck Farming business are all a brand
new type except the vehicle. The Mitsubishi
L300 fb deluxe is a second- handed delivery van
but can still be useful for a long term period of
operation. While the machinery and tools,
furniture and fixtures as well as the building
which are made of local materials are durable
enough for a short period of operation
Maintenance and Repairs

Pateros Duck Farming Partnership will maintain the

cleanliness and affordable prices of the products
offered. We will maintain the good services through
proper distribution of the products to our valued
customers, which includes on time delivery of the
products. We assure that the location of our business
is suitable enough to keep up the good health of
Pateros duck to provide on nutritious and safe duck
products. Pateros duck farming Partnership will
maintain free and fast delivery of the products and a
healthy relationship to our valued customers.
 Planned Capacity

Pateros Duck Farming Partnership will be the first

productive duck farming in Leyte. As the business
continues its operation we can be possibly raise more
than 210 pieces of ducks and can create more
products like eggs, meat, and balut. Aside from that,
through good marketing strategies used we can be able
to increase the number of buyers and become one of
the competitive duck farming in the Philippines.
Financial Plan
Total project cost

Particulars Cost
Fixed assets:
Vehicle 620,000
Machinery and tools 3,000
Furniture and fittings 8,100
Building 31,720
Office equipments 3,000
Total fixed asset 665,820
Pre- operating expenses
Licensing 3,000
Advertising 10, 000
Miscellaneous 3,500
Electricity 1,500
Fuel expense 500
Total Pre- operating Expenses 18,500
TOTAL PROJECT COST 684, 320
Financial Assumption

•Direct Labor will increase 10%

•Direct Materials will increase 15%
•Overhead cost will increase 5%
•Miscellaneous expense will increase 5%
•Utilities Expenses
•Fuel expense will increase 4%
•Electricity expense will increase 4%
•Repair and maintenance will increase 5%
•Depreciation expenses
•Vehicle will depreciate every 10 years in 5%
•Machinery and tools will depreciate every 5 years in 4%
•Furniture and fittings will depreciate every 5 years in 4%
•Building will depreciate every 10 years in 3%
Gross sales will increase 3%
Scheduling
Direct Labor

Year 1 Year 2 Year 3 Year 4 Year 5

108,000 118,800 130,680 143,748 158,122.80 173,935.08

Direct Materials

Year 1 Year 2 Year3 Year 4 Year 5

575 661.25 760.44 874.51 1,005.69 1,156.54

Overhead Cost
Year 1 Year 2 Year 3 Year 4 Year 5

3,500 3,675 3,858.75 4,051.69 4,254.27 4,466.98

Miscellaneous expense
Year 1 Year 2 Year 3 Year 4 Year 5

15,000 15, 750 16,537.50 17,364.38 18, 232.60 19,144.23

Utilities expense

Fuel Year 1 Year 2 Year 3 Year4 Year 5

expense
6,000 6,240 6,489.60 6,749.18 7,019.15 7,299.92

Electricity Year 1 Year 2 Year 3 Year 4 Year 5

expense

18,000 18,720 19,468.80 20,247.55 21, 057.45 21,899.75

Repair and maintenance

Year 1 Year 2 Year 3 Year 4 Year 5

30, 684 32, 218.20 33, 829. 11 35,520. 57 37, 296.60 39, 161.43
Depreciation expense
Amount Estimated life Depreciation Cost

Vehicle 620,000 10 years 3,100

Amount Estimated life Depreciation cost

Manufacturing and 5,000 5 years 40
tools

Amount Estimated life Depreciation cost

Furniture and 8,100 5 years 64.8
Fittings

Amount Estimated life Depreciation cost

Building 31,720 10 years 95.16

Gross sales
Year 1 Year2 Year 3 Year 4 Year 5

1,684,000 1,734,520 1,786,555.6 1,840,152.2 1,895,357.8 1,952,217.5

0 7 4 5
 Projected Income
Year 1
Statement
Year 2 Year 3 Year 4 Year 5
Gross sales 1,734,520 1,786,555.6 1,840,152.27 1,895,356.84 1,952,217.55

Less: Cost of good

sold
Direct Labor 118,800 130,680 143,748 158,122.80 173,935.08

Direct Materials 661.25 760.44 874.51 1,005.69 1,156.59

Overhead cost 3,675 3,858.75 4,051.69 4,254.27 4,466.98

Total cost of good 123,136.25 135,299.19 148,674.20 163,382.76 179,558.60

sold
Gross Profit 1,611,383.75 1,651,256.41 1,691,478.07 1,731,974.08 1,772,658.95

Operating expenses

Utilities expenses

electricity 18,720 19,468.80 20,247.55 21,057.45 21,899.75

Fuel 6,240 6,489.60 6,749.18 7,079.15 7,299.92
Repair and 32,218.20 33,829.11 35,520.57 37,296.60 39,161.43
maintenance
Miscellaneous 15,750.00 16,537.50 17,364.38 18, 232.60 19,144.23

Depreciation

vehicle 3,100 3,100 3,100 3,100 3,100

Machinery and tools 40 40 40 40 40

Furniture and fittings 64.80 64.80 64.80 64.80 64.80

building 95.16 95.16 95.16 95.16 95.16

Total operating 76,228.16 79,624.27 83,181.64 86,905.76 90,804.54
Expenses
Profit before tax 1,535,155.59 1,571,631.54 1,608,296.43 1,645,068.32 1,681,185.41

Less: tax (10%) 6,600.00 7,260 7,986 8,784.60 9,663.06

Net profit 1,528,555.59 1,564,371.44 1,600,310.43 1,636,283.72 1,671,522.35

Projected Balance Sheet
Year 1 Year 2 Year 3 Year 4 Year 5
ASSETS
Current Assets

Cash 1,663,735.59 1,752,851.40 1,842,090.75 1,931,363.60 1,999,902.99

Non- current assets

Machinery and tools 5,000 4,960 4,920 4,880 4,840

Less: Depreciation 40 40 40 40 40

Furnitures and Fittings 8,100 8,035.20 7,970.40 7,905.60 7,840.80

Less: Depreciation 64.80 64.80 64.80 64.80 64.80

Vehicle 620,000 616,900 613,800 610,700 607,600

Less:Depreciation 3,100 3,100 3,100 3,100 3,100

Building 31,720 31,624.84 31,529.68 31,434.52 31,339.36

Less:Depreciation 95.16 95.16 95.16 95.16 95.16

Total Non-current 664,820 661,520.04 658,219.68 654,920.12 651,619.36

Total Assets 2,328,555.59 2,414,371.44 2,500,310.43 2,586,283.72 2,651,522.35

Liabilities 0 0 0 0 0
Total Liabilities 0 0 0 0 0

Owners’ equity

Capital 800,000 850,000 900,000 950,000 980,000

Net profit 1,528,555.59 1,564,371.44 1,600,310.43 1,636,283.72 1,671,522.35

Total owners liability and 2,328,555.59 2,414,371.44 2,500,310.43 2,586,283.72 2,651,522.35

owners equity
 Projected Cash Flow
Year 1 Year 2 Year 3 Year 4 Year 5

Cash flow from operating

activities

Cash received from customers 1,734,520 1,786,555.60 1,640,152.27 1,895,356.84 1,952,217.55

Payment to overhead cost (3,675) (3,858.75) (4,051.69) (4,254.27) (4,466.98)

Cash paid for expenses (76,228.16) (79,624.97) (83,181.64) (86,905.76) (90,804.54)

Cash paid for tax (6,600) (7,260) (7,986) (8,784.60) (9,663.06)

Net cash provided by 1,648,076.84 1,695,811.88 1,744,932.94 1,795,412.21 1,847,282.97

operating Activities

Cash flow from investing

activities

Acquisition of machineries 4,960 4,920 4,880 4,840 4,800

Acquisition of furniture and 8,035.20 7,970.40 7,905.60 7,840.80 7,776

fittings

Acquisition of vehicle 616,900 613,800 610,700 607,600 604,500

Acquisition of building 31,624.84 31,529.68 31,434.52 31,339.36 31,244.20

Net cash flow provided by (661,520.04) (658,220.08) (654,920.12) (651,620.16) (648,320.20)

investing activities

Cash flow from financing 800,000 850,000 900,000 950,000 980,000

activities

Cash balance end 1,786,496.80 1,887,591.80 1,990,012.82 2,093,792.05 2,178,962.97

Return of Investment

Years Net income Total Assets Return of

Investment

1 1,528,555.59 2,328,555.59 66 %

2 1,564,371.44 2,414,371.44 65 %

3 1,600,310.43 2,500,310.43 64 %

4 1,636,283.72 2,586,283.72 63 %

5 1,671,522.35 2,651,522.35 63 %

Average 1,600,208.71 1,978,951.96 64 %

END