A Feasibility Study On
HS BUS ACADEMY
                    Presented to:
            ANAS ALOYODAN, CPA, MICB
       Dean of the Department of Accountancy
Masters Technological Institute of Mindanao, Iligan City
                 In Partial Fulfilment
                   For the degree of
          Bachelor of Science in Accountancy
                    Presented by:
           DIPATUAN, KHALIL YUSOPH R.
                IBRAHIM, HAMDIE C.
               FAISAL, NORHANIFA M.
             LIMGAS, FATIMA SAHRA D.
                  OLAMA, INDIRA S.
           TAMPUGAO, SITTIE HAFSAH S.
               TOCALO, SAMERAH A.
                     October 2019
                                ABSTRACT
      In this study, the aim is set so evaluate the feasibility of putting up
a business that fetch the children from and to their houses and deliver
them to their respective schools. The first chapter provides a short
introduction about the study. Some features were discussed in other
chapters, it will encompass the marketing, technical, operations and
management, financial perspectives of the proposal such as capital or
financing strategy, cash flows, income and balance sheet. The study also
includes mapping the location and target market and its response to
conducted survey and projecting cost. Furthermore, we deploy statistical
calculations in arriving at the project demand, tabular format of survey
results and its interpretations. We also tackle about the impact of the
business’ viability to the Philippine Economy, to the community, and the
financial statement analysis to determine whether the future potential
stockholders will consider the study beneficial and worth it.
                         ACKNOWLEDGEMENT
      First and foremost, all praises and thanks to Almighty God, the
sole Creator and Most Merciful who gave us the knowledge and strength
and showers of blessing throughout our journey to complete this study.
      We would like to express our sincere gratitude to our adviser, Sir
Anas Aloyodan, CPA, MICB, for his patience and vast knowledge. His
guidance helped us a lot in conducting our research.
      We would also like to thank Mr. Aljohani Ditucalan for being with
us when we conduct a survey at Brgy. Sta. Elena.
      And of course we would like to show deepest gratitude to our
parents whom we dedicate this study, thank you for supporting us
spiritually, emotionally, and financially throughout our study.
      May God bless us all.
                           TABLE OF CONTENTS
Abstract                                       i
Acknowledgement                                ii
Chapter I. Executive Summary
  A.   Introduction                            1
  B.   Statement of the Problem                3
  C.   Objective of the Study                  4
  D.   Project Title                           4
  E.   Project Location                        5
  F.   Brief History of the Project
           History of the Business            5
           Nature or kind of Business         6
           Vision, Mission, and Objectives    6
Chapter II. Marketing Aspect
  A.   Service Description                     7
  B.   Demand                                  8
  C.   Demand Data and Computation             8
  D.   Sample Size                             9
  E.   Projected Demand                        9
  F.   Projected Supply                        10
  G.   Demand and Supply Gap                   10
  H.   Competitive Description                 11
  I.   SWOT Analysis                           11
  J.   Marketing Strategy                      12
  K.   Projected Revenue                       13
  L.   Data Analysis                           14
Chapter III. Technical Aspect
  A. Service Description                       21
  B.   Facilities and Equipment Cost               22
  C.   Labor Requirements                          23
  D.   Utilities                                   23
  E.   Building                                    24
  F.   Projected Cost Estimate                     24
  G.   Pre-Operating Cost                          24
  H.   Total Projected Cost                        25
Chapter IV. Organizational and Management Aspect
  A.   Pre-Operating Activities                    26
  B.   Management during the Operating Period      27
  C.   Type of Business Organization               29
  D.   Organizational Chart                        30
  E.   Job Specification and Qualification         30
Chapter V. Financial Aspect
  A.   Total Projected Cost                        33
  B.   Fund Sourcing                               33
  C.   Basic Assumption                            33
  D.   Projected Financial Statements              35
  E.   Financial Statement Analysis                50
Chapter VI. Socio-Economic Aspect
  A. Employment and Income                         65
  B. Taxes                                         65
Chapter VII. Conclusion and Recommendation
  A. Conclusion and Recommendation                 66
APPENDICES                                         67
REFERENCES                                         79