Audrey Pelausa

Generating Light Economically, Accumulating Morality GLEAM FLASH LIGHT Gleam Flashlight VISUAL PROTOTYPE ● Eco-friendly hand crank flashlight with HDPE Recycled exterior case. Location of the Business Olivan’s Commercial Building located at Magsaysay Town Center along Magsaysay Avenue, Naga City, Camarines Sur. Marketing Aspect The Gleam Flashlights will be marketed as an emergency tool that would be a solution for majority of the household owners of Naga City. Technical Aspect For the initial year of operation, the business is expected to produce 12,000 pieces of flashlights followed by 13,800 pieces in the second year and 15,870 flashlights in the third year. Financial Aspect Year Projected Annual Sales Year 1 ₱2,850,000.00 Year 2 ₱3,769,125.00 Year 3 ₱4,984,667.81 ● The selling price of the gleam flashlight is ₱ 250.00. ● It will increase by 15% in the second year resulting to a price of ₱ 287.50 As for the third year, following the same increase rate the selling price will be ₱ 300.63 . Socio-Economic Aspect Illuminance Company’s social, environmental and economic benefits would be: ● Reducing electronic waste ● An eco-friendly tool for urgent situations to household owners ● Employment opportunities in the firm. PRODUCT DESCRIPTION ➢ 17cm in length and 6.5cm in diameter ➢ powered by a hand-crank (12v motor generator) ➢ has three LED light bulbs (4 volts each bulb with a 500mA bridge diode rectifier and a 2.7v/10F Super Capacitor) ➢ made out of HDPE recycled plastic MARKET DESCRIPTION Residents of Naga City, Bicol, Philippines Plant Location Illuminance Interior, Front Desk Total Partnership Investment Total Partnership Investment Partners Ratio Amount Alvarez 20% ₱350,000 Candelaria 20% ₱350,000 Magdasoc 20% ₱350,000 Orlin 20% ₱350,000 Pelausa 20% ₱350,000 TOTAL PARTNERSHIP INVESTMENT: 100% ₱1,750,000 Total Project Cost Total Project Cost Capital Expenditure ₱112,490.42 Operating Expense ₱225,632.19 Manufacturing Cost ₱2,323,010.60 Total Project Cost ₱2,661,133.21