Coco coir processing business plan San Julian, Eastern Samar
Objectives • To alleviate poverty in San Julian through tripartite collaboration between ESSU, San Julian LGU and Campidhan Multipurpose Organization • To establish coco coir processing plant at San Julian, E. Samar • To develop and produce locally and globally competitive coco coir products • To operate a profitable SME coco coir processing plant.
Business Description- Coco coir production, product development and marketingProducts- major products1. coco coir a. coco fiber nets b. door mats c. bags, hats, wall decors, mats, etc. d. Blinds/ light dissipator c. ladies underwear/accessories2. Coco peat – for agriculture use
Potential market- Local/national - handicraft storeholders - local offices, schools, - gardens, farmers- China?- Japan?- Australia?Competitors - coconut farmers (as fuel)Pricing policy - pick-up price - delivered price
Marketing method- MOA between local executives and the organization- consignment of handicraft stall holders- thru cable TV add/radio and print mediaKey personnel - 1 manager - 1 treasurer/cashier - 1 auditor - 1 Security guard - 3 laborers
Material requirement & supply source- source - 2 M coconut husk production/Q- requirement/1 decorticating machine at 30 days operation/quarter – 750,000 huskEquipment and process - decorticating machine- baling machine- twining machine - truck
Sales forecast- 2 percent increase per annum Budgeta. new plant factory1. building facility (estimate) PhP300,000.002. Equipment - truck - P400,000.00 - decorticating machine 360,000.00 - baling machine 250,000.00 - Twining machine 10,000.00 - operating capital 500,000.00 - transformer 120,000.00 Total 1,640,000.00
b.Labor input 1 manager 5,000.00/mo. 1 treas/cashier 4,000.00/mo. 1 auditor 1,000.00/mo 3 laborers (200/day)13,200.00/mo 1 security guard 6,000.00/mo Total 29,200.00/moTotal cost PhP1,959,200.00(include 1 mo operational expenses)Total project cost - PhP1,930,000.00