SMALL BUSINESS-FlorandaFrancine

SMALL BUSINESS PLAN PROJECT
BY: Francine Floranda
GRADE/SECTION: 12 ABM- Balance

TEACHER: Chad Lowe Villarroya
TABLE OF CONTENTS
HANDOUT 1: Small Business Idea

Description……………………………………………………………………………………………1
Environment………………………………………………………………………………….………1
Customers…………………………………………………………………….………………………1
Education …………………………………………………………………………………………2
Business Information
Name………………………………………………………………………………………………………2
Mission statement………………………………………………....……………………………2
Slogan ……………………………………………………………………………………………………2
Description………………………….…………………………………………………………………2
HANDOUT 2: Staffing Plan
Hours Operation………………………………..…………………………………………………3
Staff Position and Wage………………….........…………………………………………3
HANDOUT 3: Payroll Policy
Payroll Policy……………………………………………………....………………………………4
HANDOUT 4: Pay Statement for an Employee

Pay statement………………………………………………………………………………………5
HANDOUT 1: Small Business Idea
DESCRIPTION: The tiny business ACE's Ice Cream Parlor is dedicated to my mother so that
we can afford to provide financial support on a regular basis and especially for beloved clients
who wished to unwind and relax. Our ice cream shop offers the most popular flavors of ice
cream in unique patterns. Our ice cream shop sells the greatest, most recognizable ice cream as
well as ice cream rolls, which are popular among teenagers and are available for purchase at a
price that our target market will undoubtedly find attractive.
ENVIRONMENT: The official location of ACE's Ice Cream Parlor is Mabini, Pinontingan, Gubat,
and Sorsogon. The young people and peers who are interested in our services are the main
focus of this intended environment. There are hundreds of teens and adults living in Mabini,
Pinontingan, Gubat, and Sorsogon, where we offer our services through internet advertising of
in-person services.
CUSTOMERS: Our welcoming ice cream shop invites all people specially the local residents of
the entire Gubat Municipality to sample our best-selling ice cream and ice cream rolls while
listening to soothing music that they are sure to enjoy. All clients were guaranteed a clean and
welcoming environment at our ice cream shop. when both the provider and the target market
are as trustworthy as the employee.
EDUCATION: The social and communication abilities of ACE's Ice Cream Parlor are evident,
and it is guaranteed that all crews and staff will treat all customers with respect and excellent
manners. Despite having a limited educational background, the proprietor is capable of
handling and managing the business to assure its expansion and profitability. To quickly identify
the risks associated with a particular issue, we established safety and gathered the most
intriguing or difficult challenge.
BUSINESS INFORMATION
NAME: ACE's Ice Cream Parlor
MISSION STATEMENT: In order to satisfy our customers, we offer Ice Cream to customers
of all ages in a range of seasonal, non-seasonal, and other tastes. Every consumer deserves to
be treated respectfully and patiently. To bring delight and happiness to our cherished
consumers.
SLOGAN: ACE's Ice Cream Parlor feels like a sweet love. Sweetness is feel as love is coming so
slowly with soft.
DESCRIPTION: The tiny business ACE's Ice Cream Parlor for customers who wished to
unwind and more. Our ice cream shop offers the most popular flavors of ice cream in unique
patterns. Our ice cream shop sells the greatest, most recognizable ice cream as well as ice
cream rolls, which are popular among teenagers and are available for purchase at a price that
our target market will undoubtedly find attractive.
HANDOUT 2: Staffing Plan
STAFF POSITION AND WAGE
Position: Ice cream shop cashier/server
No. of position: 2
Wage: 45
Hours per day: 10 hours
Cost per day: 450
Cost per week: 3,150
HOURS OF OPERATION
ACE’s hours of operation depends to the hours performed of every employees with the average of
working hours (10 hours per day) with the maximum cost of Php 450 and a total of Php 3,150 per week.
All employees would be given an equal salary but also depends on their working time especially for
those employees who wants to spend more time (overtime) per shift.
HANDOUT 3: Payroll Policy
PAYROLL POLICY
REGULAR WORKHOURS: TYPE OF PAY:
10 Hours Salary wages
EXAMPLE OF CALCULATIONS:
450x60 hours= 2,700 EXAMPLE OF CALCULATIONS:
70hours= 1 week(6 days) 400x60 hours= 2,400
Php 450= cost of wage in 1 day 10 hours= 1 week(6 days)
(10 hours) Php 400= minimum wage
OVERTIME RATE:
SHIFT PREMIUM: Overtime rate(non-night shift)
Monday-Friday & Sunday 125%
9am-7pm(day and noon shift) 47 hourly wage
EXAMPLE CALCULATIONS: EXAMPLE OF CALCULATIONS:
Monday-Friday & Sunday
9am-11nn(day shift) Php 45 x 137.5%= Php 61.875 per hour
2 hours x 45= Php90 =47 hours x Php 61.875 per hour
Monday-Friday & Sunday = Php 2,908.125
12pm-8pm(noon shift)
8 hours x 45= Php360
BONUSES: BENEFITS:
If an employee achieve the maximum sales of Holiday pay= Php 150

Php120,000 worth of service and products
Retirement pay= (years of
Service x 1.25%)x Php 10,800 monthly salary
Holiday Pay
EXAMPLE OF CALCULATIONS: =Php 100 x hours
=Php 100 x 10 hours(1 day)
Monthly salary + 5% of sales =Php 1,000
=Php 10,800 + 5% of sales
=Php 11,340
HANDOUT 4: Pay Statement for an Employee
ACE's ICE CREAM PARLOR PAY STATEMENT
Employee name SSS.ID Employee ID Pay Period Pay Date
Cashier/Server 116-23-3605 1997 01Jan23 - 31Jan23 Feb. 01, 2023
Income Rate Hour Total Deduction Total
Salary/Wage 45 208 9,360 Absence/Late 0
Overtime 61.875 20 1,237.5 Tax 0
Allowance 1,000 SSS 440
Phil Health (4.5%) 243
PAG IBIG (3%) 324
Gross Pay DEDUCTIONS NET PAY
Php 11,597.5 Php 1,007 Php 10,590.5

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SMALL BUSINESS PLAN PROJECT

BY: Francine Floranda

GRADE/SECTION: 12 ABM- Balance

HANDOUT 1: Small Business Idea

HANDOUT 2: Staffing Plan

Staff Position and Wage………………….........…………………………………………3

HANDOUT 3: Payroll Policy

HANDOUT 4: Pay Statement for an Employee

NAME: ACE's Ice Cream Parlor

STAFF POSITION AND WAGE

Position: Ice cream shop cashier/server

Hours per day: 10 hours

Cost per day: 450

Cost per week: 3,150

REGULAR WORKHOURS: TYPE OF PAY:

10 Hours Salary wages

450x60 hours= 2,700 EXAMPLE OF CALCULATIONS:

70hours= 1 week(6 days) 400x60 hours= 2,400

Php 450= cost of wage in 1 day 10 hours= 1 week(6 days)

(10 hours) Php 400= minimum wage

SHIFT PREMIUM: Overtime rate(non-night shift)

Monday-Friday & Sunday 125%

9am-7pm(day and noon shift) 47 hourly wage

EXAMPLE CALCULATIONS: EXAMPLE OF CALCULATIONS:

Monday-Friday & Sunday

9am-11nn(day shift) Php 45 x 137.5%= Php 61.875 per hour

2 hours x 45= Php90 =47 hours x Php 61.875 per hour

Monday-Friday & Sunday = Php 2,908.125

8 hours x 45= Php360

If an employee achieve the maximum sales of Holiday pay= Php 150

Service x 1.25%)x Php 10,800 monthly salary

=Php 100 x 10 hours(1 day)

Monthly salary + 5% of sales =Php 1,000

=Php 10,800 + 5% of sales

HANDOUT 4: Pay Statement for an Employee

ACE's ICE CREAM PARLOR PAY STATEMENT

Employee name SSS.ID Employee ID Pay Period Pay Date

Cashier/Server 116-23-3605 1997 01Jan23 - 31Jan23 Feb. 01, 2023

Income Rate Hour Total Deduction Total

Salary/Wage 45 208 9,360 Absence/Late 0

Overtime 61.875 20 1,237.5 Tax 0

Allowance 1,000 SSS 440

Phil Health (4.5%) 243

PAG IBIG (3%) 324

Gross Pay DEDUCTIONS NET PAY

Php 11,597.5 Php 1,007 Php 10,590.5

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