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  S KUR WELLNESS SP St. Vincent’s College Incorporated  College of Business and Office Administration Page 1 EXECUTIVE SUMMARY  S KUR WELLNESS SP St. Vincent’s College Incorporated  College of Business and Office Administration Page 2 PROJECT PROPONENTS: Ms. Kimberly Dimla Bolivar PROPOSED NAME OF THE BUSINESS: Sakura Wellness Spa TYPE OF BUSINESS ORGANIZATION: Sole Proprietorship LOCATION OF HEAD OFFICE AND FACTORY: Lapu-lapu St. Corner Echavez Dipolog City @ SAV Building 2 nd  Floor HIGHLIGHTS: RELAX YOUR BODY/CALM YOUR MIND RESEARCHERS: Caipang, April Colette C. Corgo, Frenrose R. Enero, Joan T. Mamonta, Bersam Lou E. Tejor, Michelle A. Trasmonte, Jill Rica L.  S KUR WELLNESS SP St. Vincent’s College Incorporated  College of Business and Office Administration Page 3 Marketing Aspect The Sakura Wellness Spa is located at 2 nd  floor SAV Building Lapu-lapu St., Corner Echavez., Estaka Dipolog City. The potential target market of the proposed business is from the age bracket 22-50 years old who are health conscious or body conscious individual. We emphasize the barangays: Turno, Miputak, Estaka, Biasong, and Central Barangay for they are the near barangays to our location. It is an advantage having an accessible location, peaceful, quiet, and reasonable price which suits in customers  budget. Through the respondent’s answers on the survey questionnai re we conducted, the tally the researchers gathered helps to determine if the people are willing to avail in a Spa. Management Aspect Sakura Wellness Spa is a Japanese inspired. Sakura in Japan are cherry blossoms, a special flower for the people. Cherry Blossoms are a symbolic flower of the spring, a time of renewal, and fleeting nature of life. The proposed business is a sole proprietorship organization which is owned by a single  person. Recruitment and Selectionis conducted for the business necessary employees and implement a certain management policies, rules and regulations for the purpose of avoiding misunderstanding, conflicts, errors and creating a great relationship to everyone.  S KUR WELLNESS SP St. Vincent’s College Incorporated  College of Business and Office Administration Page 4 Technical Aspect To start the business, there are things that need to be consider. We have to be smart in acquiring all the machineries needed, the equipment, tools and other important things in pursuing our purpose to determine carefully the estimated total cost. Also, the financer would able to know the possible capital to invest in the proposed business. Taxation Aspect Sakura Wellness Spa will operate solely/ sole proprietorship type of business, which has many advantages and benefits to the owner. The rules in engaging the business will be registered in the accredited agencies of the government either in the local or national for the purpose of making it legal. The business tax paid to the government will be useful in raising funds for welfare, big and small  building infrastructures, public services, schools, hospitals, roads and other project that people needs. Taxes helps a lot to the total development of our economy. Financial Aspect The capital for Sakura Wellness Spa is from the owner’s personal money plus loan.  The financial aspect determines the expenses made during the acquisition of the materials needed, total cost for the  project, salaries of employees and taxes. The calculations being shown in the financial statement indicates that the proposed business is feasible and viable in the organization. It is estimated that within a year the investment of capital will be completely recovered and the net profit will be generated properly.
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