A PROJECT FEASIBILITY STUDY ON
Silayro’s Poultry
Presented To the Faculty of Osmeña Colleges College of Arts, Business and Accountancy Masbate City
In Partial Fulfillment Of the Requirements for the Degree Bachelor of Science in Management and Accountancy
Prepared by: Silayro, Jose Ramy P. July 11, 2011
Introduction
Chickens are already an integral part of human life. Chickens are one of the major sources of our foods. As a business, they offer an opportunity for people to earn big that’s why there are many poultry farms in different places.
It is sad to say that there is no poultry business raised here in Masbate City to sustain the consumption of every Masbateños. Hopefully, this feasibility study about poultry raising will come true. Silayro’s Poultry aim to provide fresh, clean and affordable eggs to contribute poverty eradication in our community.
Project Background Project proponents: Name:
Jose Ramy P. Silayro
Address:
Malinta, Masbate City
Age:
19
Name of the business: Silayro;s Poultry Type of business Organization The type of business organization is sole proprietorship. Sole proprietorship are owned and managed by one person. All of the profits will belong to the owner. The owner are the boss of the business and he has a freedom of making decisions
Location of the Head Office and Factory Brgy. Jamorawon, Milagros Masbate
Management and Personnel feasibility Personnel Manager Caretaker Distributor
Number of personnel 1 2 1
Organizational Chart Manager
Caretaker
Caretaker
Very Simple Fast decision making Job requirements for caretaker: At least one year experience on poultry farming No educational attainment is required Industrious
Job requirements for distributor: Have an experience in driving Have a license in driving
Job responsibilities Manager:
Distributor
1. Supervise the job of caretaker and distributor.
Caretaker: 1. Responsible for feeding of chickens. 2. Responsible for cleaning of cage. 3. Responsible for giving of water to the chickens. 4. Responsible for collection of eggs. 5. Responsible for packaging of eggs.
Distributor: 1. Responsible for the delivery of eggs to the buyers.
Management proposals: 1. The personnel must know their job. 2. Good relationship between personnel and manager. 3. Recognition to the job well done. 4. Treat the workers as humans not a machine. 5. Give some reward to motivate the workers to their jobs.
Poultry Policy: 1. Feed the chickens on time. 2. Maintain the cleanliness of the chicken cage. 3. Always report, if there’s a problem.
The caretaker are required to attend trainings on how to manage the poultry properly. The expenses on trainings are cover by the business. Budget PHP.3,000 each.
Equipment need of the caretaker and distributor: Quantity 1
Equipment Table
Price 600
Source Local market
2 2 1 2 2 1
Chair Broom Shovel Ladle Bucket Motorcycle
Systems and forms: 1. Morning, feed the chickens. 2. After the chickens are finish to eat. Give a water. 3. Noon, Give a water 4. Afternoon, feed the chickens 5. Collecting of eggs 6. Cleaning of cage 7. Packaging 8. Delivery
Market Feasibility
Market description
500 30 350 30 100 150,000
Local market Local market Local market Local market Local market Local market
The product of the business is eggs. The target markets are the groceries stores, sari-sari stores and other commercial stores here in Masbate City. Since, most people are come here in the City to buy goods. This place would be a good market in this product. The consumers are the constituent. It does not require an age, sex or income level to consume this product. Everyone of us are the consumers. It is affordable and easy to prepare.
Demand Poultry is one of the growing sectors in Philippine agriculture with one company projecting an increase in demand by as much as 46 percent in 2011 compared to the demand in 2007. Even records from the Department of Agriculture (DA) showed that the poultry subsector registered a 3.46 percent output gain in 2009. Annual per capita chicken consumption (kg)
Chicken Eggs
2005 3.46
2006 3.49
2007 3.48
2008 3.57
2009 3.69
Source - Bureau of Agricultural Statistics
To compute the demand of chicken eggs: Demand = per capita consumption per year x price x Masbate City, Milagros and Mobo population Masbate Population Masbate City Milagros Mobo Total Source: Bureau of National Statistics
2005 76,440 34,913 26,206 137,559
Demand of Chicken for the year: 2005 =3.46 x 100 x 137,559 =47,595,414
2006 =3.49 x 100 x137,559 =48,008,091
2007 =3.48 x 100 x 156,510 =54,456,480
2008 =3.57 x 100 x156,510 =55,874,070
2007 81,585 42,185 32,740 156,510
2009 =3.69 x 100 x 156,510 =57,752,190 Demand of chicken Eggs For the year 2005- 2009: Year 2005 2006 2007 2008 2009
Demand of Chicken Eggs 47,595,414 48,008,091 54,456,480 55,874,070 57,752,190
Projected Demand Figures Statistical Straight Line Method Year
Actual Values X
X2
XY
Projected Years
2005
47,595,414
2
4
95,190,828
2006 2007 2008 2009 Total
48,008,091 54,456,480 55,874,070 57,752,190 263,686,145
1 0 1 2
1 0 1 4 10
48,008,091 0 55,874,070 115,504,180 314,577,169
Yc= a + bx Where: A= ∑Y N
=263,686,145 5
=52,737,229
B=∑XY ∑X2
=314,577,169 10
=31,457,717
Therefore: Yc=52,737,229 + 31,457,717X
Year
Actual Values X
2012 2013 2014 2015 2016
3 4 5 6 7
X2
XY
Projected Years 147,110,097 178,568,097 210,025,814 241,483,531 272,941,248
The projected demand of chicken eggs for the year 2012 is increase of 39.26% from the demand of 2009. It has been conclude that the demand of chicken eggs will increase rapidly as a result of increase on the price of meats and other products. There could be a greater chance to the poultry industries to increase their production. Therefore, the demand of chicken eggs is feasible to the market. Supply According to the Philippines Bureau of Statistics (BAS), the poultry subsector grew by 3.72 per cent in 2010 and accounted for 14.93 per cent of total agricultural production. Chicken and chicken egg production has steadily grown over the past few years. Year 2005 2006 2007 2008 2009
Supply of chicken eggs 320,322 330,288 335,104 350,789 368,464 Source - Bureau of Agricultural Statistics
