A Feasibility Study on the Establishment of GPC Motorcycle Parts and Accessories in Luzon Avenue, Barangay Pasong Tamo, Quezon City

Abstract

Nowadays, many people have motorcycle, that is why the researchers decided to build a business that focus on the motorcycle vehicle. The GPC Motorcycle Parts and Accessories can help the riders to improve and maintain their motorcycle.Since no part of motorbikes is permanent, there will always be a demand for parts, accessories and services for maintaining it on a regular basis. The service offered by the GPC are installation of parts, tire air supply, overhauling, repainting, battery charging, changeoil, full set ups, tune up, replacing brakes, replacing lights and on call service.This study utilized qualitative research method through the administration of survey questionnaires to 100 respondents including students, professionals, and residents who owns a motorcycle in Luzon Avenue Barangay Pasong Tamo, Quezon City. The purpose of the business is to help the motorcycle riders to maintain the quality of their motorcycle. The GPC offered accessories and motorcycle parts. The business also utilized financial statement to provide into entity’s current status and strategies for the future.As the results of the survey, the researchers found out that approachable seller is most effective to the respondents, the respondents chose the affordable price than expensive price and the location of the business is the best place to build. As the result of the financial statement, the proponents found out that the business is profitable and acceptable to the market in the motorcycle industry. The business is well managed then the business will grow successfully.The GPC need to innovate the business if needed, to give the customers want and to satisfy them through the services and product offerings. As the year goes by the GPC prepare to find another place to build the same business to reach the other riders who needs the services and products. The GPC expects that this kind of business brings to the goal where the business wanted tobe, and that is to be a successful business.