muwebLESS Minimize space. Maximize function / Dorotheo, Bryan Joseph C. Espiritu, Karl Andrea B. Garcia, Micaela Aira B. Jabiñar, Florangela Rose D. Kua, Micah Laurice B. Malacad, Hannah Joice Nicole S. Mallari, Lady Laryna M. Mendoza, Micah Raven L. Reyes, Alyssa Ysabel C. Rodriguez, Aubrey P. Soverano, Angelo R. Tapan, Nicola Franchesca C. Vigo, Micaela T. 6

Feasibility Study: (BSBA major in Human Resource management) - Pamantasan ng Lungsod ng Maynila, 2022. 56

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EXECUTIVE SUMMARY: a. Business Description Numerous urban residents could not afford suitable housing due to the growing urbanization. Consequently, more people are choosing to live in apartments or small places. Most individuals live in rather cramped, compact spaces because of the metropolitan population density. Cities are dominated by apartments and vertical living even now. While contemporary apartments are not solely associated with small because some large flats are available, most apartments still lack sufficient space for the ordinary person or family. Nevertheless, the apartment lifestyle can be improved by a space-saving method that allows for the maintenance of basics. Hence, the proponents came up with muwebLESS, where the primary goal of the business is 5-in-1 furniture that can provide homeowners with more usable space by minimizing the space Occupied by the exact fitment the members provide. The furniture is lighter than conventional pieces and is portable.

They are also durable, reasonably priced, and adaptable. These variables are anticipated to drive consumer demand during the projected period. The mission of muwebLESS is to provide customers with more excellent value at a lower cost by eliminating the need for them to purchase products Separately, hence, the company name. This item was created by professionals in the furniture industry with high-quality, long-lasting materials, giving the Customers confidence that it would last for a very long time and still look great. muwebLESS is adaptable in terms of presentation so that clients may flaunt them whenever and in any way they like. In addition, muwebLESS is functional and fashionable, making it an excellent option for those who live in apartments or homes with limited floor space. The company's goal is to prioritize the purchase of Filipino items first. Hence muwebles was chosen as an homage to the Philippines. It is the same word in English for the various equipment and furnishings that help people go about their daily lives in comfort and efficiency. The company's name includes less to emphasize the commitment to creating space-saving, multi-purpose products for the home.

Location The commercially viable site is in Manila City, which is regarded as one of Metro Manila's top locations for business establishments. Because it is an elevated, affordably priced office-warehouse rental space next to Ventura Street in Sampaloc, Manila, it is at a convenient location for the locals. The proposed location for the showroom-warehouse facility for muwebLESS is close to several significant shopping malls, including Fisher Mall, JMN Mall, un residences Mall, Tayuman Center Mall, 168 Shopping Mall, and Tutuban Shopping Mall. The ease of access to hospitals and schools adds to the property's significant advantages. b. Market Analysis

Thoughtfully designed space-saving multipurpose furniture is what muweblLESS is all about, and they intend to bring comfort to the lives of the brand's target market. The total demand, supply, demand-supply gap, target, and market share are analyzed systermatically. Given the vast opportunity in the furniture business, it is inevitable that muwebLESS has a good chance of succeeding. According to careful analysis and data extraction, the furniture store will begin making a profit later in the year. The multifunctional pieces of furniture that enable the demographic to maximize space use while minimizing space usage will draw in the desired audience. As muwebLESS fully enters the market and establishes itself as a standalone company, it will eventually compete on a global scale, setting a higher standard for all other enterprises of a similar nature. C. Marketing Feasibility

muwebLESS is foldable furniture designed to conserve space and does more than just fit neatly into a smaller room; it also helps alleviate several Common problems. Additionally, muwebLESS anticipates significant influence by several factors: rising demand for compact furniture, inclination toward multifunctional and compact furniture, increasing residential and non- residential construction activities, growing industrialization and urbanization, Rising personal disposable income, rising population, and smaller living spaces.

Regarding the paper's market growth, the tabulated values represent the market demand by year and are part of the survey conducted. The proponents used the data to examine further the growing market for the furniture they are planning to produce. The demand for folding furniture is set to rise at a respectable rate during the anticipated time limit. muwebLESS is attempting to appeal to consumers' urban lifestyles by incorporating more practical and eye- catching features into its products. Furniture that transitions swiftly and easily from the office to the family room is designed to satisfy consumer demand. The members used the cost-based method as their primary pricing strategy since it guarantees that the selling price of each unit fuly covers the company's production costs. d. Technical Feasibility

The technical component of the business focuses exclusively on the project's framework. The store's internal machinery and equipment are described as well as other processes involved in transforming raw materials into a final product, and it is about 40 square meters in size. The business does not require a large structure because it intends to subcontract, or outsource, its workforce. Five sections make up the business location: a comfort room, an office, a storage room, an exhibit space, and a display area.

In defining the nature of muweblLESS, the facility's layout, size, and production schedule are all presented. A list of equipment, instruments, and tools is also provided, along with product information like the materials used and dimensions; given the popularity of social media as a means of attracting new clients, muwebLESS Plans to promote its product by distributing posters and images on the company's official Facebook page. e. Management Feasibility

The company will strictly enforce management policies, rules, and regulations for management and employees. These policies also address the health, safety, and accountability of every employee in the firm. Therefore, following these regulations is advantageous for both employees and the organization. f. Financial Feasibility

In a business setting, it is critical to evaluate and forecast a company's performance and financial health not only in the short term but also in the long run. The profitability ratio is the technique used to quantify the muwebLESS earnings in proportion to specific parameters.

The tabulations in section 6 Supported the assertion that the business's use of working capital to support its sales at the outset of operations is efficient. It acquires a working capital turnover of 31.09 in 2022. Yet, the ratio has declined for four years as the Working capital turnover ratios in 2023, 2024, 2025 and 2026 were 18.77, 12.13, 8.48 and 6.73, respectively. The financial statements have been produced and presented according to Financial Reporting Standards (FRSC) and Philippine Accounting Standards (PAS).

The Company should keep a Petty Cash Fund of P10,000, part of the Cash and Cash Equivalents financial statement caption and replenish it by the end of the year. Moreover, it is estimated that selling prices, subcontractor fees, and supplies expenses will increase by 5% annually. g. Socio-Economic Feasibility

With these means, many investors will recognize our nation as a remarkable and secure place to invest. Filipinos would benefit from muwebLESS because it will inspire people to think of fresh, original ways to help our business succeed. Ultimately, It would help unify Filipinos and draw attention to and support Filipino businesses and products. The company also aims to boost business and employment to give more and better opportunities to promote Filipino-made furniture.