A Feasibility Study on the Establishment of Café Cut in Orange Building, Zabarte Road, Quezon City

Authors

  • C. D. Banares
  • G. V. Maranan
  • J.M. C. Hamtig
  • J.A. Cabangon
  • J.R. Sabio
  • Ana Maria M. Dacuno, MBA

Keywords:

feasibility study, establishment, café cut

Abstract

Café Cut is a two in one business with a barbershop and café inside. The purpose of the café is to let the customers have bonding with their friends or family, have informal meetings, and for students to catch up on schoolwork or project while having drinks or coffee. The purpose of the barbershop is to provide a quality barber service with a comforting and well-groomed haircut. This study used qualitative analysis method of research to determine the viability of the business and to identify the possible outcome of the business and the potential problems that could happen in developing the business concept. The researchers conducted survey on 100 respondents composed of professionals, students, and the residents along the vicinity. It also used primary and secondary sources in collecting data for the study. This business utilized financial statement for balancing the profit and loss of the business, total cost of equipment, ingredients and machines, and to sustain the budget to have at least average return of investment. The number of individuals has a high percentage on spending time on café while having a coffee and doing something. Since the number of individuals that have a haircut is average, the researchers intend to make the product and service affordable with great quality. Based on several aspects, the business can be profitable and acceptable to the market but the start-up capital will be costly. If well positioned and managed, the business will continue to grow year over year successfully. The business recommend to invest in prices of the product and service, sustain employees for continuous effort, and upgrade the equipment and facilities.

Published

2019-04-01

How to Cite

Banares, C. D. ., Maranan, G. V. ., Hamtig, J. C. ., Cabangon, J. ., Sabio, J. ., & Dacuno, MBA, A. M. M. . (2019). A Feasibility Study on the Establishment of Café Cut in Orange Building, Zabarte Road, Quezon City. Ascendens Asia Singapore – Bestlink College of the Philippines Journal of Multidisciplinary Research, 1(1). Retrieved from https://ojs.aaresearchindex.com/index.php/aasgbcpjmra/article/view/1656

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