Upon studying and finding substantiation, the project is indeed technically and financially feasible. The proposal has very positive projection for benefits and has a social economic impact.
The study of “Peanut Shell” is a different variety source of raw materials in manufacturing paper bags. Inheriting the properties of peanut shells, paper bags made out from these materials are more durable than we used to use. It consist a high amount of cellulose particles compared to wood chips and recycled papers.
Price of the product is always justifiable. It would not be much of a problem since there is a strong demand and the industry has a gap that will make the company acceptable by the consumers. Since the product is required in some municipalities because of plastic bag bans, the product will be tested to be distributed to 5 different supermarkets in Quezon City where in location is easily acquired.
The project is a partnership business to be operated by four (4) partners. A total of 15 persons would comprise the workforce. The project is uncomplicated to administer since every work is designed in synchronized flow. Recruitment of employees would be somehow firm but they would be guaranteed by the company’s benefits and good working condition.
The project’s technical aspect are especially designed and prepared after further surveillance. It is technically viable and justifiable. The consumers of the product are located in the vicinity of the plant, which is very accessible for both us the manufacturer and also to the consumers after production.
The technical process for the product is not complicated and is fully automated. Workforce and procedures aim proper and constant company’s performance thus assuring the quantity and quality of products upon consumer’s satisfaction.
The financial feasibility of the project complementary to its...