Halina Travel and Tours FINAL OUTPUT

Philippine School of Business Administration, Inc. - Q.
1029 Aurora Boulevard, Quezon City
HALINA
TRAVEL AND TOURS
FEASIBILITY STUDY
S.Y. 2019-2020
SUBMITTED BY
DUMANDAN, JOANNA
HERRERA, MARBY LOVE R.
MACATANGAY, MITHI
REYES, JOAQUIN
SACDALAN, GENE JUSTINE
SALIC, HAKIM
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Philippine School of Business Administration, Inc. - Q.C
ARTICLES OF PARTNERSHIP
OF
HALINA TRAVEL AND TOURS
KNOW ALL MEN BY THESE PRESENTS:
That we, the undersigned partners, all of legal age, residents and citizens of the
Philippines, have on this day voluntarily associated ourselves together for the purpose of
forming a general partnership under the following terms and conditions and subject to
existing and applicable laws of the Republic of the Philippines:
AND WE HEREBY CERTIFY:
ARTICLE I. Partnership Name: That the name of this partnership shall be HALINA
TRAVEL AND TOURS and shall transact business under the said company name.
ARTICLE II. Business Purpose: That the purpose/s for which this partnership is
formed is/are:
To be engaged in the business of arranging local travel packages to our prospective
target market.
ARTICLE III. Principal Place of Business: That the principal place of business of this
partnership shall be located at:
26 Anonas street, project 2 quezon City, NCR
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ARTICLE IV. Term of Existence: This partnership shall have a term of ten (10) years
from and after the original recording of its Articles of Partnership by the Securities and
Exchange Commission.
ARTICLE V. Partners’ Circumstances: That the names, nationalities and complete
residence addresses of the partners are as follows:
Name Nationality Residence
Dumandan, Joanna Filipino 6 Fatima lane, Marikina

Heights, Marikina City
Herrera, Marby Love R. Filipino 95 Ipil St., Natasha Ville,

Marikina Heights, Marikina City
Macatangay, Mithi Filipino 15-A Garnet Street, Cainta

Greenpark Village, Cainta, Rizal
Reyes, Joaquin Filipino B7 L1 Steel Ave. Brgy. San Luis,

Antipolo City
Sacdalan, Gene Justine Filipino Lot 4 Blk 2 Ponte Verde subd.

Brgy. Cupang Antipolo City,
Rizal
Salic, Hakim Filipino
Lot 5 Blk 3 San Antonio Subd.
Ampid 1, San Mateo, Rizal
ARTICLE VI. Capital Distribution: That the capital of this Partnership shall be the
amount of One hundred and Fifty Thousand (P510,000.00), Philippine Currency, contributed
in cash by the partners, as follows;
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Name Amount Contributed
Dumandan, Joanna P85 000.00
Herrera, Marby Love R. P85 000.00
Macatangay, Mithi P85 000.00
Reyes, Joaquin P85 000.00
Sacdalan, Gene Justine P85 000.00
Salic, Hakim P85 000.00
That no transfer of interest which will reduce the ownership of Filipino citizens to less
than the required percentage of capital as provided by existing laws shall be allowed or
permitted to be recorded in the proper books of the partnership.
ARTICLE VII. Sharing Ratios: That the profits and losses of this partnership shall be
divided and distributed proportionately on the ratio of the capital contribution of each
partner.
ARTICLE IX. Management: That this partnership shall be under each one of the
partners, who shall be in charge of the management of the affairs of the company. The
partners shall have the power to use the partnership name and in otherwise performing
such acts as are necessary and expedient in the management of the firm and to carry out its
lawful purposes.
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ARTICLE X. Undertaking to Change Name: That the partners undertake to change
the name of this partnership, as herein provided or as amended thereafter, immediately
upon receipt of notice or directive from the Securities and Exchange Commission that
another corporation, partnership or person has acquired a prior right to the use of that
name or that the name has been declared as misleading, deceptive, confusingly similar to a
registered name, or contrary to public morals, good customs or public policy.
Articles of Partnership
IN WITNESS WHEREOF, we have hereunto affixed our signatures this ________________
day of ________________, 20________, at _________________
DUMANDAN, JOANNA HERRERA, MARBY LOVE

R.
TIN TIN
MACATANGAY, MITHI
TIN
SACDALAN, GENE JUSTINE REYES, JOAQUIN
TIN TIN
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SALIC, HAKIM
TIN
ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES
BEFORE ME, a Notary Public, for and in_________________________, this _______ day of
_______________, 20_____, personally appeared the following persons:
Dumandan, Joanna
Herrera, Marby Love R.
Macatangay, Mithi
Reyes, Joaquin
Sacdalan, Gene Justine
Salic, Hakim
Known to me and to me known to are the same persons who executed the foregoing
Articles of Partnership constituting of _____pages, including this page where the
acknowledgement is written, and they acknowledged to me that the same is their free and
voluntary act and deed.
WITNESS MY HAND AND SEAL on the date and place above written.
NOTARY PUBLIC
Doc. No. ______;
Page No. ______;
Book No. ______;
Series of 20 ______.
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Table of Contents
Articles of Partnership
Chapter I. Summary of the Project
Name of the firm
Head Office and Factory
History of the business
Nature of industry
Type of Organization
Organizational Chart
Work Schedule
Officers of the business and their qualifications
Chapter II. Economic Aspects
Market Description
Means of Transportation and Existing Rates
Channel of distribution and general trade practice
Survey Questionnaires
Demand Analysis
Competitive position
Selling Price
Competitiveness of the Industry
Marketing Program
Promotions and advertising plans
Projected Revenue
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Contributions to Philippine economy
Chapter III. Technological Feasibility
Project
Facility needs
Availability and suitability of site
Other Inputs
Service Process
Machinery and Equipment
Plant location
Plant Layout
Building and Facilities
Utilities
Waste Disposal
Cost of Service
Chapter IV. Financial Feasibility
Seed Capital
Project costs to start-up
Assessments
Monthly Depreciation
Financial Statements
Monthly Income Statement
Projected yearly Income Statement
Statement of Cash Flow
Statement of Changes in Partner's Equity
Projected yearly Statement of Financial Position
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Break-even Analysis
Return on Investment
Payback Period
Limitations on Economic Analysis
CHAPTER I: SUMMARY OF THE PROJECT
Name of the firm
The term “HALINA” is a tagalog word meaning “to go” or “let’s go” which represents the
business’ enthusiasm and encourages the customers to travel and go. Hence the name of
the firm – HALINA Travel and Tours.
Head Office and Factory
“HALINA Travel and Tours” is located at 26 Anonas Street, Project 2 Quezon City. The group
has chosen this location because even though the business operates mainly online, we
considered the accessibility of the office to walk-in customers as well as the employees of
the firm. Since the location is along one of the main roads in Quezon City, public utility
vehicles to and from Quezon City passes by right in front of the office.
History of the business
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People are claiming that this is the golden era for Philippine Tourism. This became possible
because of the extensive road projects by the government in different provinces in the
country that makes them more accessible to tourists who prefer to travel by land. Also, with
social media applications such as Facebook, Instagram and Twitter being a part of almost
every Filipino, young or old, it makes it easier to see and read about other people’s travel
adventure and share your own as well. One who sees another person’s post on social media
encourages him/her to travel also and enjoy the experience first-hand, then he/she will also
post about her own experiences and the cycle of encouragement to travel will go on and on.
That is the power of social media and that is what we want to take advantage of as
businessmen. This survey from Philippine Statistics Authority only proves that Domestic
Tourism is the new thing especially in the working population of the Philippines.
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Nature of industry
HALINA Travel and Tours is a service system that renders quality tour services and packages
for affordable price. The business operates mainly online thru our social media pages –
Facebook, Instagram and Gmail – but still accept personal transactions or walk-in
customers. For walk-in customers, we have an assigned receptionist ready to assist and a
small couch inside the office where they can wait.
HALINA Travel and Tours is owned by six (6) Certified Public Accountants namely; Joanna
Dumandan, CPA; Marby Love R. Herrera, CPA; Mithi Macatangay, CPA; Joaquin Reyes, CPA;
Gene Justine Sacdalan, CPA; Hakim Salic, CPA. The partnership was formed on August 2019
and will begin its normal operation on January 2020. Office Hours is at 8:00AM – 6:30PM.
Type of Organization
Halina Travel and Tour is a type of a general partnership business organization on which
each partner joining the business have unlimited liability, thus, each partners are held liable
for any obligations of the partnership to the extent of their personal assets. It is agreed to
for the business as a general partnership for it is generally easier to form and manage over
time. In addition to that, the governing rules and regulation for forming a partnership is
much more lenient that it is with forming a corporation.
All partners are considered as a general partner. Each partner shall contribute an amount of
Eighty Five Thousand Pesos (P85 000.00) for a total of Five Hundred Ten thousand Philippine
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Peso (P510 000.00) as an initial investment. All profits and losses shall be divided equally to
have a fair share in the operation of the business.
ORGANIZATIONAL CHART:
PARTNERS
GENERAL MANAGER
OPERATIONS DEPT MARKETING DEPT ADMINISTRATIVE DEPT
TOUR
RESERVATIONS DEVELOPMENT ADMINISTRATIVE
OFFICER OFFICER OFFICER
TOUR
COORDINATORS
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Officers of the business and their qualifications
a) Administrative Officer
Job Description(s) Job Qualification(s)
 Manage the financial transactions.  Applicant must be at least twenty

(20) years of age.
 Prepare regular reports on
expenses, revenue and cash flow.  Must possess at least a Bachelor’s
or College Degree of Business
 Organize a filing system for course.
important and confidential
company documents.  Must be proficient in MS Office
Application.
 Prepare government requirements
(BIR filing included)  Must have NO CRIMINAL RECORDS.
 Prepare and file the employee’s  Must have a comprehensive

payroll and benefits (SSS, PAGIBIG knowledge of the local tax laws,
and PHIL Health) updates and government
regulations.
 Maintain a company calendar and
schedule appointments
 Manage office supplies stock and

place orders
b) Tour Development / Marketing Officer

 Prepare, plan and manage the  Applicant must be at least twenty

publication of all publicity material (20) years of age.
to maximize brand promotion.
 Must have broad design skills
 Create and develop new innovative including graphics designing.
ways to communicate the company
message to their existing  Must be proficient in Adobe
customers. Photoshop CC 2019 and MS Office
Applications
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 Evaluate the effectiveness of all

marketing activity.  Must have NO CRIMINAL RECORDS
 Manage and maintain the social  Must possess at least a Bachelor’s

media accounts. or College Degree of Marketing or
Computer related course.
 Gather, edit and process photos
and videos to be posted on the
internet to boost social media
accounts and reach more
customers.
 Keep an eye out for updates and

changes to existing and new tour
packages
 Develop new tour packages and

update existing offers based on the
market trend
b) General Manager
 Provide leadership and motivation  Applicant must be at least twenty-

for the operations team five (25) years of age.
 Handle the petty cash for daily  Must possess at least a Bachelor’s
office expenditures. or College Degree of Managerial or
Business related course.
 Supervise all tour operations and
effectively handle tour-related  Must be proficient in MS Office
problems that arise. Applications and Google Drive
 Book hotels, communicate with the  Must have NO CRIMINAL RECORDS

local tour operators and assign van
and tour coordinators for booked
and upcoming tours.
 Finalize the guest list and forward

the details to the assigned
coordinator.
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 Contribute to planning marketing

strategies
 Act as a reliever of the Reservations

Officer during rest day
c) Reservations Officer
 Reply to all inquiries and  Applicant must be at least twenty

reservations from social media and (20) years of age.
email accounts.
 Must be at least a High School
 Handle and update reservation Graduate
portal (Powered by Google Drive)
 Must be proficient in MS Office
 Gather feedback from customers Applications and Google Drive
and handles complaints accordingly
 Must have NO CRIMINAL RECORDS
d) Tour Coordinator (Part-time / On Call)
 Coordinate guests, drivers and local  Applicant must be at least nineteen

operators on the day of the tour. (19) years of age.
 Record and report tour’s collection  Must be at least a High School

and expenses Graduate
 Attend to customer’s needs, assist  Must have a pleasing and

and entertain guests during the enthusiastic personality
tour
 Must have NO CRIMINAL RECORDS
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WORK SCHEDULE
CHAPTER II: ECONOMIC ASPECTS
Market Description
The geographic target market of Halina Travel and Tours are the 17 cities in the National
Capital Region (NCR) such as Caloocan, Las Piñas, Makati, Malabon, Mandaluyong, Manila,
Marikina, Muntinlupa, Navotas, Parañaque, Pasay City, Pasig, Pateros, Quezon City, San
Juan, Taguig and Valenzuela. According to the 2015 Census, National Capital Region has
total population of 12,877,253 which is composed of 68.89% of the economically active
population and actual or potential members of the work force. This gives us a rough figure
of our main and specific target market of 8,871,449 active/working population.
Means of Transportation and Existing Rates
Halina Travel and Tour’s main office is strategically located near business
establishments, colleges, hospital and church. This makes it perfect for the walk-in
customers to reach and locate the office easily since it is situated near Anonas LRT
Stations and along the main road where Public Utility Vehicles to and from Quezon
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City passes thru. PUVs’ current existing fares are: Jeepney P9.00 minimum, LRT
P15.00 minimum, Tricycles P9.00 minimum.
Channel of Distribution and General Trade Practice
The target market of Halina Travel and Tour is mainly the working and active
population of National Capital Region who travel in Luzon at least once a year via
land. This is to be achieved by online transactions through social media platforms
and also personal transactions done in the office.
Since it’s not possible for the proponents to study the whole 8,871,449 working
population of the NCR, we resorted to gather a specific sample using the “Slovin’s
Formula” which allows computation of population with desired degree of accuracy.
We use 10% margin of error that indicates the probability of applying an error in
selecting a small representative of the population.
Computation for respondents using Slovin’s Formula
n = N / (1 + Ne²)
Where:
n = Sample Size
N = Population Size
e = Error tolerance
Solution:
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n = 8,871,449 / [1 + (8,871,449 x .10²)]
n = 99.99
Thus, the sample size is 99.99 or approximately 100 respondents.
Survey Questionnaires
It is important for the proponents to know if the business is feasible to its chosen target
market. Additionally, it is important to gather data and information to prove that it is,
indeed, feasible. To obtain these data, a tool that will help answer questions vital to the
business is needed. The survey questionnaire will be considered as the basis of the target
market’s preference and limitations. It consists of straight and related questions that are
expected to be answered by the respondents.
The respondents are from the different cities of National Capital Region (NCR) that is
included in the age group of a working population with a sample size of one hundred (100).
The number of the respondents is based on the formulated data by means of application of
the Slovin’s formula in the vicinity.
The random respondents will be used as a representation of the total target market of
working population from NCR.
The following data and interpretations are the result of survey conducted by the
researchers:
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SOCIAL STATUS
Students
Employed
Unemployed
Students Unemployed Employed
Table 1. Total number of Respondents and their Social Status.
Students Unemployed Employed Total

34 8 58 100
Out of the 100 respondents, 34% (34 respondents) are students, 8% (8 respondents) are
unemployed and 58% (31 respondents) are employed.
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FREQUENCY
At least once a month At least once a year Others
Table 2. Number of Respondents on how often they travel.
Frequency Students Unemployed Employed Total

At least Once a month 4 0 24 28
At least Once a year 27 3 33 63
Others 3 5 1 9
Total 34 8 58 100
Out of the 100 respondents, 28% (28 respondents) travel at least once a month, 63% (63
respondents) do at least once a year, 9% (9 respondents) travel for more or less than the
stated span.
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TRAVEL PREFERENCE
Do-it-Yourself (DIY) Package Tour Undecided
Table 3. Number of Respondents on how they prefer to travel.
Travel Preference Students Unemployed Employed Total

Do it yourself (DIY) 12 1 14 27
Package Tour 21 5 43 69
Undecided 1 2 1 4
Total 34 8 58 100
Out of the 100 respondents, 27% (27 respondents) prefer to travel by DO-IT- YOURSELF,
69% (69 respondents) prefer availing Tour Packages, and 4% (4 respondents) did not answer
the question.
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TRANSACTION PREFERENCE
Walk-in Online
Table 4. Number of Respondents on how they prefer to transact with the agency.
Transaction Preference Students Unemployed Employed Total

Walk-in 3 2 1 6
Online 18 3 42 63
Total 21 5 43 69
Out of the 69 respondents who chose Tour Packages on question 3, 91.3% (63 respondents)
prefer to transact with the agency online, while 8.7% (6 respondents) prefer walk-in
transactions.
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SIGNIFICANCE
Price of the tour Reviews from previous clients Place of meetup
Table 5. Number of Respondents on what do they consider most significant in choosing

their tour packages and agency.
Factors to consider Students Unemployed Employed Total

Price of the tour package 6 4 2 12
Reviews from previous clients 14 1 40 55
Place of meetup 1 0 1 2
Total 21 5 43 69
Out of the 69 respondents who chose Tour Packages on question 3, 17.40% (12
respondents) say that the price of the tour package is the first thing they check on availing
tour services, while 79.71% (55 respondents) say that reviews from previous clients is
what’s more important and 2.90% (2 respondents) say that it’s the place of the meetup.
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SURVEY QUESTIONNAIRE
Please put a check () mark for the corresponding answer(s).
1. SOCIAL STATUS:
__ Student __ Unemployed __ Employed
2. HOW OFTEN DO YOU TRAVEL AROUND LUZON?
__ At least Once a month __ Others
__ At least Once a Year
3. HOW DO YOU PREFER TO TRAVEL?
__ DO-IT-YOURSELF (DIY) __ Arranged Tour Packages
4. IF YOU CHOOSE TOUR PACKAGES IN No. 3, HOW DO YOU PREFER TO RESERVE AND PAY
THE DOWN PAYMENT?
__ Personal / Walk-in Transaction __ Online Transaction and

Payment
4. IF YOU CHOOSE TOUR PACKAGES IN No. 3, WHAT IS THE MOST IMPORTANT THING YOU
CONSIDER?
__ Price of the Package __ Reviews from Previous Clients
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__ Place of Meet-up for the tour
Demand Analysis
Target Market Total Percentage Total Percentage Total Percentage Total

working of the population of those Population of population
population population that who travel of those population that
in NCR that travels at who travel who travel that prefers to
travels at least once via land in via land in prefers to travel by
least ONCE a year Luzon at Luzon at travel by arranged
A YEAR least once least once tour tour
a year a year packages packages
Working
Population in
NCR who
travels in Luzon 8,871,449 91% 8,073,019 25% 2,018,255 69% 1,392,596
at least ONCE A
YEAR via
arranged tour
packages
Annual Growth Rate of National Capital Region’s population is 1.59% and the projected
Market Share of the Halina Travel and Tours, considering its competition, location and
capabilities is .5%.
Year Projected Annual Growth Annual Projected

Population Demand Rate (1.59%) Demand and
Market Share
(rounded) (1%)
2020 1,392,596 - 13,926
2021 1,614,018 221,423 16,140
2022 1,870,647 256,629 18,706
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2023 2,168,080 297,433 21,681
2024 2,512,805 344,725 25,128
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Competitive position
Selling Price
Halina Travel and Tours offers tour packages in affordable rates that is just around the price
range of the tour packages offered online by the competitors. Also, we offer lower rates if
the clients will avail a private tour with more participants unlike other agencies who only
offer tour packages with fixed price, regardless of the size of the group. We offer eleven (11)
destinations as of now and the selling price are as follows:
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There are a lot of travel agencies that has been established in every corner of Metro Manila.
But since the travel industry is expected to grow and grow for the next few years, the
demand to accommodate every tourist grows with it. This is what we want to take
advantage of as businessmen, to create the supply to meet the overflowing demand of the
industry.
Marketing Program
Travel Agencies thrive mostly thru extensive marketing programs to reach existing and
potential customers more often. The firm will definitely join the trend of these extensive
marketing programs by allotting Php 15,000/month budget for the said programs. This
programs includes leaflets, stickers, sponsored post, tarpaulins, etc.
Promotions and advertising plans
HALINA Travel and Tours aim to reach as many customers as possible on Facebook,
Instagram, and other different ways. To be able to achieve this, these are the practices that
HALINA Travel and Tours will take for the Marketing Program:
A.) BIG TARPAULIN
A big tarpaulin will be put up to mark the location of the office. This contain the
name of the firm, accreditation seals, and contact number. This tarpaulin will be
facing the main road so when it became traffic, it can easily catch the attention of
anyone passing by and will retain the name to their minds.
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B.) SPEAKERS, SMALL TARPAULINS (Opening)
We plan on inviting not only our close family and friends on the grand opening
day and office blessing, but also everyone who wants to join the ceremony.
Speakers and tarpaulins will be placed beside the main road to create impact to
those passing by.
C.) STICKERS
We will print stickers with the text “BARYA LANG PO SA UMAGA” and the name
of the firm and give it to different TODAs in different barangays. In that way, we
can maximize the exposure of the business.
D.) FLYERS AND LEAFLETS
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As a way of maximizing the reach to potential clients, two hired outsourced
personnel will be handing out flyers to busy streets and places where people
usually wait for PUVs such as LRT Stations and the like.
E.) FACEBOOK POST AND INSTAGRAM-SPONSORED POST
This will be the most extensive program among others because social media has
become a huge part of every Filipino nowadays, we will take advantage of that
fact to reach more potential clients in different areas. Social Media Applications
are considered the best advertisement platform because it allows companies to
reach a wide range of clients with minimum efforts, we only need catchy
captions and encouraging photos to maximize the use of the tool. These are
sample promotional photos that will be posted and boosted in Facebook and
Instagram:
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Projected Revenue
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Contributions to Philippine economy
Travel Agencies like HALINA Travel and Tours have a vital contribution to the economy. In
fact, Preliminary data compiled by the PSA showed tourism’s direct gross value added
(TDGVA) accounting for 12.7% of gross domestic product (GDP) in 2018. Considering that
travel industry grow and grow each year, travel trends have no other way to go but up. Also,
HALINA Travel and Tours is going to hire four (4) office staff, including one (1) manager, one
(1) reservations officer, one (1) administrative officer, and one (1) tour development officer.
At least five (5) part-time tour coordinators will also be part of the team. Also, the entity
also gives income to outsourced van operators, local tour guides, local boat operators and
small-time travel related businesses. The taxes, being the biggest contribution of the entity
to the country, will be paid duly and in accordance to the value-added and income tax
applicable.
CHAPTER III: TECHNOLOGICAL FEASIBILITY
Project
Facility needs
The office space needs an estimated size of 25 square meters in compliance to the
Department of Tourism’s requirement. The following are the equipment needs related to
the operations:
 Desktop computers
 Computer Tables and chairs
 Laptop for manager
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 Waiting area couch

 Conference tables and chairs
 3-in-1 Printer
 Wi-Fi and Telephone
 Air-conditioning Unit
 Office Supplies
 Filing cabinets
Availability and suitability of site
 Labor
- HALINA Travel and Tours will hire: four (4) office staff, including one (1)
manager, one (1) reservations officer, one (1) administrative officer, and one (1)
tour development officer.
- At least five (5) part-time tour coordinators will also be part of the team.
- Partnership with local tour operators, guides, hotels, and van operators are also
needed.
 Production inputs
- Electricity will be provided by
- Water Supply will be provided by
 Regulatory requirements
- Partnership requirements from:
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- Taxation requirements from:
- City requirements from:
- Barangay requirements from:

Project 2, Anonas, Quezon City
- Accreditation requirements from:
Other inputs
WAGE RATES AND SKILL LEVEL
Employee(s) Wage rate Skill level

General Manager P700 per month plus High competence skill
allowance
Reservations Officer P550 per shift plus Medium to high competence
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allowance skill
Tour Development Officer P600 per shift plus Medium to high competence
allowance skill
Administrative Officer P600 per shift plus Medium to high competence
allowance skill
Tour Coordinators P800 per day Medium to high competence
(per tour) skill
Social Security System (SSS)
The Social Security System (SSS) requires every employee from private institutions to
be a member of the agency. The collections are to be collected by the agency to
provide sickness, maternity, disability, retirement, and death benefits along with its
financial assistance in the form of salary, stock investments, privatization, funeral
loans, and other form of loans. It is compulsory to all employees not over sixty (60)
of age. To obtain the listed benefits, one must be a member of the agency and must
be able to contribute an amount corresponding to the employee’s salary to be
deducted monthly.
PAGIBIG Fund or the Home Development Mutual Fund (HDMF)

The Home Development Mutual Fund (HDMF), also known as the PAGIBIG Fund, is
the agency that was established to provide a system of national savings program and
affordable home loans for the Filipino employees. In order to avail these affordable
home loans, an individual must be a member of the agency and must be a regular
employee in the company he’s working at.
Philippine Health Insurance Corporation (PHILHEALTH)
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The Philippine Health Insurance Corporation, or PhilHealth, was established to
provide health insurances and health care that is affordable and accessible for the
Filipino citizens and employees. An employee is obliged to contribute to the agency
to ensure quality health care benefits for the personnel. To enjoy the benefits, an
employee must be a qualified member and must be giving monthly contributions
which will be based on their monthly salary.
Service Process
HALINA Travel and Tours allotted space for the waiting area (with 1 couch) and a
little entertainment (a television) for the customers.
ONLINE TRANSACTION
 The customers will send their inquiries on Facebook or Gmail where the
Reservations Officer will assist them.
 After clients read and agreed to the Terms and Conditions posted on HALINA
Travel and Tours Facebook page, they will send the “BOOKING FORM” and the
Reservations Officer will note them as pencil-booked and input their details in
the reservation system powered by Google Drive.
 Then the Reservations Officer will send the payment details to the clients
where they can send the Down Payment Required. Modes of Payment
available are as follows:
a. Bank of the Philippine Islands
b. Banco de Oro
c. Metrobank
 Clients will then send the proof of transaction to HALINA Travel and Tours in
which the Reservations Officer will save to send to the General Manager to
cross check with the bank transactions.
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 Within 24 hours after sending the proof of transaction, the client shall receive
a confirmation message from the agency.
 If the tour did not reach the minimum required slots to proceed with the tour,
the client will be informed 5-2 days prior to the tour. They will be given the
option to reschedule, join another tour on the same date or get a FULL refund
of their down payment.
 If the tour reach the minimum required slots to proceed with the tour, the
client will be met by the hired van and the coordinator on the agreed meet up
point. Remaining balance of clients will be collected by the tour coordinator
before the guest board the van.
WALK-IN / PERSONAL TRANSACTION
 Guests coming in to book a tour will be greeted and directly assisted by
the Reservations Officer. If they have to wait, they can do so in the
couch provided.
 They can book, pay, and confirm their tours with the Reservations
Officer then the officer shall remit the collected money at the end of
the day.
 If the tour did not reach the minimum required slots to proceed with
the tour, the client will be informed 5-2 days prior to the tour. They
will be given the option to reschedule, join another tour on the same
date or get a FULL refund of their down payment.
 If the tour reach the minimum required slots to proceed with the tour,
the client will be met by the hired van and the coordinator on the
agreed meet up point. Remaining balance of clients will be collected by
the tour coordinator before the guest board the van.
Machinery and Equipment
Page 37 of 68
The equipment of the business are essential factors in the business cycle. These are
the tangible assets going to be used in the business operations:
FIXTURES AND FURNITURES
Basic Couch From “Nemie
Furniture” (Marikina)
 2 pieces needed
 P 4,700
Conference / Working Table  From “Nemie
Furniture Shop”
 PHP 5, 000
Page 38 of 68
Chair for conference table  From “Nemie
Furniture Shop”
(Marikina)
 6 pieces needed
 P 1,000 each
Manager’s Work Desk
 From “Nemie
Furniture Shop”
(Marikina)
 To be used by the
General Manager
 P 12,000
Work Desk and Chair  3 pieces needed
 From “Nemie
Furniture Shop”
(Marikina)
 12,500 each
 To be used by 3 office
staff
Lateral Filing
Cabinet
 From “Nemie
Page 39 of 68
Furniture Shop”
(Marikina)
 3 pieces needed
 Php 5, 000 each
Steel Office Cabinet  From “Nemie
Furniture Shop”
(Marikina)
 1 piece needed
 Php 5,500
Desktop Computers  From Villman
Computers
 Acer Aspire XC-730
Intel Core i3-
8100/4GB/1TB/1GB
GT710/Win10 w/
21.5-in KA220HQ
Monitor
 Php 29,999
 2 pieces needed
Page 40 of 68
Laptop Asus X409FA
 From Villman
Computers
 Manager and
Reservations Officer
 Php 24, 995
 2 pieces needed
Filing Cabinet with Manual Safe  From “Nemie
Furniture Shop”
 To be used by
Manager for petty
cash and remittance
 1 piece needed
 PHP 7, 500
Cash Drawer  From “Vaulty reason
online shop”
 Vault-made cash box
 P100 transport
expense
 To be used by the
Page 41 of 68
Reservations Officer
for Walk-in
Transactions
 PHP 500
Split type Air-conditioning unit  From “S&A
warehouse” shop
(Quezon City)
 Split type Air-
Conditioning unit
 P49,990
3-in-1 Printer
 From “Villman
Computers”
 3-in-1 Printer
 P 13,000
Page 42 of 68
 From Abenson
Microwave Oven
“Appliances”
 Whirlpool Microwave
Oven
 Price: P3,389
Refrigerator
 From: Abenson
“Appliances”
 Fujidenzo Refrigerator
 Price: P8,478
Page 43 of 68
Plan Location
Page 44 of 68
Plan Layout
Page 45 of 68
Building and Facilities

The space for the operations is 30 square meters in size including the service
area, waiting area, and restroom. The rent costs P15,000 a month with the
terms of 2 months advance and 1 month deposit.
The building is divided to 6 facilities; The service area where all the
equipments are placed including the two (3) chairs for the staff, Conference
Table with (6) chairs, Filling Cabinet and other tangible assets used, the
waiting area where the two (2) couches are placed, the counter beside the
T.V, and the restroom where a well-maintained toilet and faucet is placed.
Utilities
Page 46 of 68
Utility Cost
Electricity P9.8385/kwh(TENTATIVE)
Water (First 10 cubic meters) P111.27(TENTATIVE)
Waste Disposal
The Halina Travel And Tours will adopt Quezon City’s Garbage Collection Program.
The government collects waste that should be properly bagged and placed outside
the establishment. For Project 2, the garbage collection schedule is as follows:
Waste Day Time

Biodegradable Monday and Thursday 6:00 AM to 11:30 AM
Non-Biodegradable Saturday 6:00 AM to 11:30 AM
The Halina Travel And Tours will provide separate bins for biodegradable and non-
biodegradable wastes.
Cost of Service
Direct Labor
Employee Daily hours Days of work Wage rate Gross monthly
salary
General Manager 8 hrs. 5 days P700 P17,500.00
Reservations Officer 8 hrs. 6 days P550 P13,750.00

Tour Development 8 hrs. 5 days P600 P15,000.00
Officer
Administrative Officer 8 hrs. 5 days P600 P15,000.00
With corresponding deductions
Employee Gross Monthly SSS Pag ibig PhilHealth Net Monthly Salary
Salary deduction deduction deduction
(2%) (2.75%)
General Manager P17,500.00 (P700.00) (P350.00) (P481.25) P15,138.75
Reservations Officer P13,750.00 (P560.00) (P275.00) (P378.125 P11,969.875

)
Page 47 of 68
Tour Development P15,000.00 (P620.00) (P300.00) (P412.50) P13,057.50

Officer
Administrative P15,000.00 (P620.00) (P300.00) (P412.50) P13,057.50
Officer
Total - P3,300.00 P1,625.00 P2234.38 -
Employer’s Share
Employee SSS Pag ibig PhilHealth Total Employer’s

Share
General Manager P1,530.00 P350.00 P481.25 P2,361.25
Reservations Officer P1130.00 P275.00 P378. 25 P1,783. 25
Tour Development Officer P1230.00 P300.00 P412.50 P1,942.50
Administrative Officer P1230.00 P300.00 P412.50 P1,942.50

Total P5,120.00 P1,225.00 P1,684.50 P8029.375
Page 48 of 68
Page 0 of 68
res and Fixtures

ence / Working Table P 5,000.00
er’s Work Desk 12,000.00
esk and Chair 37,500.00
abinet with Manual Safe 7,500.00
ffice Cabinet 5,500.00
ments
p Computers 59,998.00
74,985.00
Printer 13,000.00
nces
pe Air-conditioner 49,990.00
zo Refrigerator 8,478.00
P273,951.00
Maintenance 5,000.00 5,000.00
x3 ft.@ P20) 500.00

0 pcs) 1,000.00
ebook Sponsored Post) 20,0000.00 21,500.00
ense 4,000.00 4,000.00
s Expense 36,289.00 36,289.00
0
Page
Page |1
Taxes and Licenses

SEC registration fees (net) 2120.00
BIR registration fee 630.00
Barangay clearance 500.00
Business tax 5000.00
Sanitary inspection fee 390.00
Garbage fee 1200.00
Building inspection fee 429.55
Fire inspection fee 649.00
DoT Accreditation Fee 5300.00 16,218.55
Advances to lessor 30,000.00

Rent Expense 15,000.00
Total P401,958.55
Seed Capital
P a g e | 54
The Halina Travel and Tours will need an initial investment in the amount of
One hundred and Fifty thousand Philippine Peso (P510 000.00) to start-up the
business and meet the costs to be incurred including the losses to be covered
in the first year(s).
Project costs to start-up

Equipment P147,983.00
Furniture and Fixture 67,500.00
Appliances 58,468.00
Repairs and Maintenance 5,000.00
Miscellaneous 36,289.00
Advertising 21,500.00
Supplies 4,000.00
Taxes and Licenses 16,218.55
Advances to Lessor 30,000.00
Rent Expense 15,000.00
Total P401,958.55
Assessments
- Halina Travel and Tours’ profits or losses will be equally divided to the
partners.
- Depreciation expense will be computed using the straight line method.
- The provision for tax is 30%
Page 1 of 68
- As per the new Tax Reform for Acceleration and Inclusion (TRAIN)
Law, businesses whose gross receipts are above Php 3,000,000.00 will
be subject to 12% VALUE ADDED TAX.
Depreciation Schedule
Page 2 of 68
2020
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Page 13 of 68
Limitations on Economic Analysis
The proponents realize limitations of the whole analysis, largely in the economic aspect.
Some are partly named:
 Changes in the profit (gross and net) in result of affecting elements.

 Stability and precision of the margin of Return on Investments (ROI).
 Accuracy of the Salaries expense and Operating expenses thereto in result of the “no
work no pay” policy.
 Changes in the government’s policies regarding the taxes and licenses and their
corresponding fees.
 Related charges on unusual repairs and maintenance.
 Reliability of the Break-even usage Analysis (in units and in Peso) in result of
affecting elements.
References
https://crs.sec.gov.ph/
https://www.citypopulation.de/php/philippines-metromanila-admin.php?
adm2id=137402
https://quezoncity.wordpress.com/2016/06/07/quezon-city-population/
http://nine.cnnphilippines.com/news/2019/01/08/Meralco-rates-lower-
January-2019.html
https://www.manilawater.com/
https://www.bir.gov.ph/
https://philpad.com/new-sss-contribution-table/
https://philpad.com/pagibig-contribution-table/
https://philpad.com/new-philhealth-contribution-table/
https://www.google.com/maps
Page 14 of 68
https://quezoncitynegosyo.com/featured/quezon-city-garbage-collection-
schedule/
https://psa.gov.ph/tourism-satellite-accounts-press-releases
https://www.philatlas.com/luzon/ncr.html
https://www.bworldonline.com/domestic-travel-dominated-youth-demographic/
http://invest.cfo.gov.ph/pdf/part2/securing-business-permits-and-business-
registration.pdf
http://www.tourism.gov.ph/
https://dirp4.pids.gov.ph/ris/pjd/pidspjd03-1vat.pdf
Page 15 of 68

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Philippine School of Business Administration, Inc. - Q.

1029 Aurora Boulevard, Quezon City

1029 Aurora Boulevard, Quezon City