A Feasibility Study on the Establishment of GC Web Expert in Camarin, Caloocan City

Abstract

GC WEB EXPERT is a proposed business that will create website for online businesses and other businesses needing its services. Website is a site that introduces the company, product or services to help them grow up and develop. The importance of a website is to introduce the new business in the market because having website will allow fast distribution of information about the product or services. In this way, the business could easily sell them. The researchers conducted a survey to 100 respondents near the proposed location in order to determine the acceptability of the proposed service price, promotion, and place to the target customers. There are 10 questions in the survey questionnaire. Out of 100 respondents, 68 are female and 32 are male. Their ages range from 22 to 40 years old. The projected financial aspect of the business using its best scenario revealed that the return on investment was achieved during the fourth year of the business and during the fifth year, the income from services increased tremendously. Based on the study, one problem that limits the creation of website is the weak internet connection. Aside from that, identified problems also include expensive equipment and lack of skilled and competent web developers. Once addressed, the proposed business will indeed create an impact in the market.