PATEROS CATHOLIC SCHOOL

Senior High School Department

S.Y. 2020 – 2021

Corvette’s Quality
Charcoal
Proposed Business Plan

St. Anatolius of Alexandria

2020-2021

Dela Cruz, Karlos Cristoffer P.

Domingo Yves Rafael A.
Ferrer, Christianssen Z.
Figueroa, Elijah Wayne R.
Gorospe, Kenta S.

1
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

I. Executive Summary
Corvette’s Quality Charcoal is a business that manufactures charcoal briquette
that uses mahogany tree fruit husk as a main ingredient located in Makati City, Metro
Manila. Corvette’s Quality Charcoal anticipates seizing the interest of customers looking
for efficient and effective charcoal briquette that they will use in their household or
establishment. This business aims to build a strong market position in the charcoal
briquette industry to revolutionize the way of manufacturing and improving charcoal
briquette in the Philippines. In addition, Corvette’s Quality Charcoal also aims to provide
charcoal briquette at an understandable price to meet the demand of charcoal briquette
in the market to satisfy the needs of the potential customers.
The goal of Corvette’s Quality Charcoal is to provide efficient and effective
charcoal briquette as a direct alternative to commercial charcoal using natural resources
that is commonly thrown away such as Mahogany tree fruit husk. To achieve this goal,
Corvette’s Quality Charcoal is dedicated to do its finest ability to satisfy the needs of
customers and establishment that will avail our product with respect and willingness to
receive feedbacks for the particular reason to have a harmonious relationship between
the business to customers.
Corvette’s Quality Charcoal is owned by the proponents of St. Anatolius of
Alexandria. It requires an initial investment of 470 Pesos in order to start manufacturing
charcoal briquette. The business does not require complex type of equipment and
materials. The general fund will be spent to purchase the raw materials, packaging, and
manufacturing materials and equipment. The initial investment will be collected from the
proponents of this business from St. Anatolius of Alexandria.
All throughout the manufacturing process, in 5 years’ time, Corvette’s Quality
Charcoal is expecting to produce 3,520 units of charcoal briquette boxes which is worth
to a revenue of 535,680 Pesos.
The corporation has only one major outlet at Makati City, Metro Manila. The
products will be marketed, promoted, and advertised through the use of the social media
via Facebook Business Page and Twitter profile account that is open for receiving
inquiries and feedback to gather suggestions to what can be done for the business.
2
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

For the particular reason of Corvette’s Quality Charcoal to be a successful

business in the long run, there are protocols that will be implemented throughout the
business to ensure the smooth flow, efficiency and effectiveness of the business such as
strategic planning, quality control, risk management, etc. The business will identify
different rules, regulations, standards, and norms to maintain a productive and efficient
environment during and outside of manufacturing hours. The business is aware of
specific policies relating to the charcoal briquette industry such as proper waste disposal,
proper sanitation, proper handling of flammable materials and customer service
adaptability that must be established in every employee of the business. Corvette’s
Quality Charcoal guarantees its potential customers on how efficient and effective our
quality mahogany tree fruit husk charcoal briquette that will be in the market.

II. Company Overview

A. Introduction
The name of this business is Corvette’s Quality Charcoal. It is located at 456 Alagao
Street, Comembo, Makati City.
Corvette’s Quality Charcoal is a corporation that is all about manufacturing quality
charcoal using mahogany tree fruit husks as a direct alternative to commercial charcoal.
This business will revolutionize the way of improving and making quality charcoal in the
country of the Philippines by the direct alternative to commercial charcoal which is
mahogany tree fruit husks.
B. Vision
To manufacture quality charcoal that will revolutionize the way of improving and
making quality charcoal in the country of the Philippines using Mahogany tree fruit husks
as a direct alternative to commercial charcoal.
C. Mission
To realize this ambition, Corvette’s Quality Charcoal is dedicated to produce and
manufacture quality charcoal that will satisfy the customer’s needs. We commit to build a
corporation that will inspire other businesses that anything is possible with hard work,

3
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

perseverance, and dedication to do what is right and to keep on moving forward despite
the problems may occur for the greater good of the corporation and the country.
D. Company Objective
❖ C - Competent
To create a competent environment that will produce employees that will
have the initiative and dedication to produce quality charcoal for the greater good of
the corporation.
❖ O- Organic
To produce and manufacture quality charcoal without the use of chemical
materials or substances.
❖ A- Affordable
To produce and manufacture quality charcoal that is affordable for
potential customers and at the same time will give the corporation a great amount
of profit.
❖ L- Long-Term
To be a corporation that is versatile and adaptable to any kind of
problems that may occur, that will create a sustainable and independent
environment that will produce long-term benefits.
E. Company Core Values
❖ Client Value
We will attempt to surpass client expectations consistently.
❖ Integrity and Transparency
We take pride in everything that is fair, honest, and knowledgeable and
build trust in every situation.
❖ Fairness
We have the objective to be produce and manufacture affordable quality
charcoal thus to earn trust and respect to our potential customers.

4
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

❖ Excellence
We constantly will improve our individuality, teams, and products to
become the best in the industry that will manufacture quality charcoal in the
Philippines.
❖ Level-Headed
We have the desire to become a level-headed corporation that will respect
and honor competitors as well as small businesses to become an inspiration or
motivate other businesses that anything is possible.

5
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

III. Discussion of References/ Related Literature

Mahogany Tree
According to an article by Forest Generation (2020), Mahogany is a majestic, beautiful
tree that symbolizes strength. Mahogany is said to have strong protective qualities and is
known for its ability to withstand even lightning strikes. It is known as a hard wood; mahogany
is a fast-growing forest trees commonly made into furniture or used in construction materials.
More importantly, mahoganies effectively prevent soil erosion and flood hence these are often
planted along riverbanks (Daray, 2011).
Swietenia macrophylla. Stated in an article by idtools.org (2020), Switenia
macrophylla, commonly known as mahogany, is a species of plant in the Meliacaeae family. It
is one of three species that yields genuine mahogany timber (Swietenia), the other being
Swietenia mahogany and Swietenia humilis. It is native to South Amera, Mexico and Central
America, but naturalized in the Philippines, Singapore and Hawaii and cultivated in plantations
and windbreaks elsewhere. Swietenia macrophylla is an evergreen tree native to tropical
America, Mexico, and South America. The trees regenerate naturally through seeds in their
native countries and grow luxuriantly under favorable conditions. The plant is well known for
its fast growth and adaptability (Dewanjee, 2011).
Mahogany Tree Fruit Husk
Stated in a research study by Marielle Piquero (2019), Mahogany is one of the resourceful
in our environment, especially the fruit. It can be used as alternative charcoal or fuel. Where
mahogany tree fruit husks can be used in the production of charcoal. Mahogany trees do not
bear flower but grow buds which develop into brown oblong fruit. The fruits fall when they
mature, and the dried one’s break spreading on the ground, where Mahogany Fruits are often
thrown away. What most people do not know is that the dried pulps are good substitute of
charcoal and firewood stated by (Felix Daray, 2011). According to Maregien Abrasaldo (2011),
Four dried pulps are enough to boil a liter of water, to have a good burning effect, the pulps
should be dried for one day. If used in clay stove, the pulps should be chopped into smaller
pieces, like charcoal.

6
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

Ash content. Ash content of coal is the non-combustible residue left after carbon,
oxygen, sulfur, and water has been driven off during combustion. The remaining residue or
ash is expressed as a percent of the original coal sample weight. The composition of final ash
differs from the inorganic constituents of the coal prior to incineration due to chemical changes
during combustion (SGS, 2013). Higher ash content coal burns slower resulting in reduction in
the steam output of a boiler and High ash content reduces the ability of a charcoal to absorb
gas and solution (Examrace, 2018). In line with a research study by Cruz et al. (2019) about
“MAHOGANY TREE (Swietenia macrophylla) FRUIT HUSKS AS AN ALTERNATIVE CHARCOAL”,
The ash content of Mahogany fruit husk charcoal with three replications has a total mean of
16.7%. It has a greater percentage in terms of ash content when compared to Commercial
wood charcoal which has 6.17% mean percentage from the three replications. Since Mahogany
fruit husk charcoal has a high mean percentage of ash content, it has less ability to absorb gas
and solution resulting to make it burn slower and prolong its efficiency.
Moisture Content. Stated in an article by the University of Kentucky (2018),
Moisture content is an important parameter in coal analysis. It is needed for determining the
calorific (heating) value and handling properties of coal. Moisture absorbs heat, so high
moisture content in coal reduces the relative efficiency of heating when a coal is combusted
where moisture adds weight to coal and contributes to spontaneous combustion. In line with
a research study by Cruz et al. (2019) about “MAHOGANY TREE (Swietenia macrophylla) FRUIT
HUSKS AS AN ALTERNATIVE CHARCOAL”, Mahogany fruit husk charcoal has a total mean
percentage of 18.42% in terms of moisture content while CWC has a total of 33.92%. Based
on the results, mahogany fruit husk charcoal absorbs lesser moisture than commercial wood
charcoal. Where it will take less amount of time to ignite or start a fire with mahogany fruit
husk charcoal than commercial wood charcoal due to the fact that high moisture content
reduces the relative efficiency of heating when a coal is combusted.
Carbon Content. According to Alan Scaroni (2017), Fixed carbon is the solid
combustible residue that remains after a coal particle is heated, and the volatile matter is
expelled. The fixed-carbon content of a coal is determined by subtracting the percentages of
moisture, volatile matter, and ash from a sample. Since gas-solid combustion reactions are
slower than gas-gas reactions, a high fixed-carbon content indicates that the coal will require
7
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

a long combustion time. In line with a research study by Cruz et al. (2019) about “MAHOGANY
TREE (Swietenia macrophylla) FRUIT HUSKS AS AN ALTERNATIVE CHARCOAL”, Mahogany
fruit husk charcoal has a total mean percentage of 24.12% while Commercial wood charcoal
has a total of 33.92% in terms of carbon content. From the results, Mahogany fruit husk
charcoal will ignite faster than commercial wood charcoal since high fixed-carbon content
indicates that the coal will require combustion time.
Heat Duration. As stated by Marielle Piquero (2019), Heat duration is the total
time it takes for each group of charcoal to be totally burned down without any sign of fire
glow. In line with a research study by Cruz et al. (2019) about “MAHOGANY TREE
(Swietenia macrophylla) FRUIT HUSKS AS AN ALTERNATIVE CHARCOAL”, in his graph of
three trials between Mahogany fruit husks charcoal and Commercial wood charcoal, it
reveals that it takes a mean of 36.90 minutes of heat duration for the mahogany fruit husk
charcoal while it takes a mean of 30.94 minutes of heat duration using commercial wood
charcoal. These findings prove that mahogany fruit husk charcoal’s heat duration is longer
than that of the commercial wood charcoal supported by the high mean percentage of
mahogany fruit husk charcoal in terms of ash content, where it has less ability to absorb
gas and solution resulting to make it burn slower and prolong its efficiency.

Cassava Starch
As stated in an article by Integrated Cassava Project (2005), Starch is one of the most
abundant substances in nature, a renewable and almost unlimited resource. Starch is produced
from grain or root crops. It is mainly used as food, but is also readily converted chemically,
physically, and biologically into many useful products to date, starch is used to produce such
diverse products as food, paper, textiles, adhesives, beverages, confectionery,
pharmaceuticals, and building materials. Cassava starch has many remarkable characteristics,
including high paste viscosity, high paste clarity, and high freeze-thaw stability, high level of
purity, excellent thickening characteristics, which are advantageous to many industries.

8
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

Binding Agent. A binding agent is a substance that holds or draws other

materials together mechanically, chemically or as an adhesive, to form a cohesive whole (A.F.
Suter, 2020). These are any ingredient that can help a mixture hold its shape or remain bound
together. Sometimes Binding Agents do double duty and add texture (Smart Kitchen, 2021).
In line with Maxton Engineering (2018), Binder also gives a high strength to the briquette, for
example, starch, which is a very common binder and easy to get, also make a good
performance on briquette making, it is widely used to make BBQ charcoal as it is natural and
smokeless way. Charcoal is a material without plasticity, and charcoal dust cannot hold shape
without adding a binding material. The best binder has proven to be starch. Any starch will
do, but cassava is preferred. Cassava starch is preferred because cassava tuber and chips are
very cheap. The tubers are as good as starch due to high starch content. Cassava is easily
available to low-income societies (Ngureco, 2019). Normally, a starch needs to be gelatinized
by thorough cooking in water at a temperature between 60°C to 80°C. This temperature
disrupts the intermolecular bonds, creating hydrogen-bonding sites for attaching additional
water molecules and makes the starch soluble in cold water.

Accelerants
Stated in an article by Mary McMahon (2021), An accelerant is any substance which speeds
a process, but most people use the term specifically to refer to substances which contribute to
the spread of fires. Fire accelerants include things like hydrocarbons, paper, plastics, and other
materials which can cause a fire to spread more quickly or burn more fiercely than it would
otherwise. When an accelerant is present at a fire site, it contributes significantly to the speed
at which the fire moves and how hot the fire burns. Without an accelerant, most fires burn at
relatively cool temperatures. Briquettes will need accelerants to burn faster, because there is
a difference in the structure of briquettes compared with that of lump charcoal due to
compaction. As a result, briquettes are not able to absorb sufficient oxygen for faster
combustion (Ngureco, 2019).

9
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

Sawdust
According to Ngureco (2019), A briquette is a block of compressed coal dust,
charcoal dust, sawdust, wood chips or biomass and is used as a fuel in stoves and boilers.
remember that un-carbonized sawdust will make your briquettes emit a lot of smoke. To
reduce the smoke from sawdust, partly ferment your sawdust for about five days by just letting
the sawdust stay in water for five days.

Calcium Carbonate
White ash color is very appealing in briquettes. It is like it stands for quality. When you
light your briquettes in a stove, you need to know when they are ready. This is done by
observing that the burning briquettes have turned white. You can only see the white ashes,
however, if your briquettes contain sufficient calcium carbonate, lime, or limestone. Whiting,
lime, limestone, or calcium carbonate have in the past been very cheap products where they
are not heat fuels, but they can lower the burning rate such that the briquettes burn for a
longer period but at a reduced fire (Ngureco, 2019).

Charcoal Briquettes
A briquette is a block of flammable matter used as fuel to start and maintain a fire.
Residues from agriculture and forestry e.g., bagasse, coffee husks, saw-dust, and coconut
husks are a valuable source of raw material and can be used for producing briquettes
(Energypedia, 2019). Stated in an article by World Agroforestry, Charcoal briquettes are made
by mixing charcoal dust with water and a binding agent such as soil, paper, or starch. The
resultant ‘dough’ is shaped by hand or molded in wooden or metal presses into fist-sized units,
which are then air-dried. In line with an article by Joyce Lockard (2011), Charcoal briquettes
can be made from plant materials normally go to waste, including sawdust, paper, charcoal,
fines, leaves, husks, and other agricultural wastes.

Recipe. According to an article by Dengarden (2019), An example recipe of

making Charcoal briquettes consists of 40 kilograms of charcoal dust/ fines, 2.5 kilograms of
cassava starch, 4 kilograms of sawdust and 1 kilogram of calcium carbonate. Due to its large
quantity, the recipe will be cut in half proportionally twice resulting to a new recipe that consists
10
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

of 10 kilograms of charcoal dust/fines, 0.625 kilogram of cassava starch, 1 kilogram of sawdust

and 0.25 kilogram of calcium carbonate.
Dimension. Stated in an article by Coconut Charcoal Factory (2021), Coconut
shell charcoal briquettes are produced in various shapes and types. The most popular shape
is Cube, Finger and Hexagonal. A Coconut charcoal briquettes shape circle has a variety of
dimensions that consists of 50.8 x 25.4 mm (56 pcs per 1 kg), 52.8 x 26 mm (64 pcs per 1 kg.

Carbonization
In order for charcoal to be produced from Mahogany fruit husk, the Mahogany fruit husk
undergoes a process called carbonization. This process was achieved through intense heating
of an organic material in the absence of oxygen. An empty large can with cover serves as
storage for Mahogany fruit husk that was used in the production of charcoal. The Mahogany
fruit husk was placed inside the empty cans in preparation for carbonization. The cans
containing Mahogany fruit husk was placed on the ground and sealed. After sealing, create
small holes on the cover to enable the release of air inside the can. The cans will be surrounded
with fire and this is where carbonization takes place. The process of carbonization lasted for
1-3 hours.
Stages in charcoal formation. As the wood is heated in the retort it
passes through definite stages on its way to conversion into charcoal. The formation of charcoal
under laboratory conditions has been studied and the following stages in the conversion process
have been recognized.
at 20 to 110°C, the wood absorbs heat as it is dried giving off its moisture as water vapor
(steam). The temperature remains at or slightly above 100°C until the wood is bone dry.
at 110 to 270°C, final traces of water are given off and the wood starts to decompose
giving off some carbon monoxide, carbon dioxide, acetic acid, and methanol. Heat is absorbed.

at 270 to 290°C, this is the point at which exothermic decomposition of the wood starts.
Heat is evolved and breakdown continues spontaneously providing the wood is not cooled below
this decomposition temperature. Mixed gases and vapors continue to be given off together with
some tar.

11
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

at 290 to 400°C, as breakdown of the wood structure continues, the vapors given off
comprise the combustible gases carbon monoxide, hydrogen, and methane together with carbon
dioxide gas and the condensable vapors: water, acetic acid, methanol, acetone, etc. and tars
which begin to predominate as the temperature rises.
at 400 to 500°C, at 400°C the transformation of the wood to charcoal is practically
complete. The charcoal at this temperature still contains appreciable amounts of tar, perhaps 30%
by weight trapped in the structure. This soft burned charcoal needs further heating to drive off
more of the tar and thus raise the fixed carbon content of the charcoal to about 75% which is
normal for good quality commercial charcoal.

To drive off this tar the charcoal is subject to further heat inputs to raise its temperature to about
500°C, thus completing the carbonization stage.

12
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

References:
Anonymous. (n.d.). Chapter 2. WOOD Carbonisation and the products it yields. Retrieved
February 17, 2021, from
http://www.fao.org/3/x5555e/x5555e03.htm#:~:text=The%20wood%20absorbs%20heat
%20as,the%20wood%20is%20bone%20dry.&text=Final%20traces%20of%20water%20a
re,dioxide%2C%20acetic%20acid%20and%20methanol.

A.F. Suter. (2020). Binding Agents. Binding Agents - Shellac, Waxes, Natural Gums, Resins,
Menthol Crystals & Zein. https://www.afsuter.com/application/binding-agents.

Daray, F. (2011). Dried Mahogany Fruits are Alternative for Fuel.

http://darayagrifacts.blogspot.com/2011/05/dried-mahogany-fruits-are-alternative.html.

Dewanjee, S. (2011). Swietenia macrophylla. Swietenia macrophylla - an overview |

ScienceDirect Topics. https://www.sciencedirect.com/topics/agricultural-and-biological-
sciences/swietenia-macrophylla.

Energypedia. (2019). Charcoal Production.

https://energypedia.info/wiki/Charcoal_Production?fbclid=IwAR0qWEHqNtSvhhIEcy4u1o5Z
EBdsQdjZbSx5hqkcTrN3Yak8_N9FIEJUJVM.

Examrace. (2018). What is Ash Content in Indian Coal? Difference Between Drift Theory & in-
Situ Coal Seam Formation (Important). Examrace. https://www.examrace.com/Current-
Affairs/NEWS-What-is-Ash-Content-in-Indian-Coal-Difference-Between-Drift-Theory-in-Situ-
Coal-Seam-Important.htm.

Forest Generation. (2020). Mahogany -Symbol of strength and endurance-. Swietenia

macrophylla (Meliaceae) Mahogany -Symbol of strength and endurance-.
http://www.forestgeneration.com/mahogany.html.

Gosalim, H. (2020, March 6). Coconut Shell Charcoal Shape & Size of Briquettes. Coconut Shell
Charcoal Briquette Factory & Bulk Supplier, Indonesia. https://charcoal.pro/info/coconut-
shell-charcoal-shape-size-of-briquettes.

idtools.org. (2020). Dried Botanical ID. Fact Sheet: Swietenia macrophylla.

http://idtools.org/id/dried_botanical/factsheet.php?name=200.

Integrated Cassava Project. (2005). cassava starch.

http://www.cassavabiz.org/postharvest/starch03.htm.

1
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

Lockard, J. (2011). HOW TO MAKE FUEL BRIQUETTES WITHOUT A PRESS.

http://www.bioenergylists.org/files/HOW%20TO%20MAKE%20FUEL%20BRIQUETTES%20
WITHOUT%20A%20PRESS.pdf.

Maxton Engineering. (2018). All about binders – make briquette with proper binder. binders for
briquette making, learn and choose the right one. https://briquettesolution.com/all-about-
binders-make-briquette-with-proper-binder/.

McMahon, M. (2021). What is an Accelerant? wiseGEEK. https://www.wise-geek.com/what-is-

an-accelerant.htm.

Ngureco. (2019, February). How to Make Charcoal Briquettes: Ingredients and Composition -
Dengarden - Home and Garden. Dengarden. https://dengarden.com/misc/How-to-Make-
Briquettes-Charcoal-Briquettes-Charcoal-Briquette-Ingredients-and-Composition.

Piquero, M. (2019). MAHOGANY TREE FRUIT HUSKS AS AN ALTERNATIVE CHARCOAL.

Academia.edu.
https://www.academia.edu/38550904/MAHOGANY_TREE_FRUIT_HUSKS_AS_AN_ALTERN
ATIVE_CHARCOAL.

Scaroni, A. (2017). Coal utilization. Encyclopædia Britannica.

https://www.britannica.com/topic/coal-utilization-122944.

SGS. (2013). COAL ASH. Analysis of Coal Ash. https://www.sgs.com/-

/media/global/documents/flyers-and-leaflets/sgs-min-wa294-coal-ash-en-11.pdf.

Smart Kitchen. (2021). Binding Agent. Binding Agent - Resource - Smart Kitchen | Online
Cooking School. https://www.smartkitchen.com/resources/binding-agent.

University of Kentucky. (2018). Moisture in Coal. Moisture in Coal, Coal Analysis, Kentucky
Geological Survey, University of Kentucky. http://www.uky.edu/KGS/coal/coal-analyses-
moisture.php#:~:text=Moisture%20content%20is%20an%20important%20parameter%2
0in%20coal,%28heating%29%20value%20and%20handling%20properties%20of%20a%
20coal.

Maxton Engineering. (2018). All about binders – make briquette with proper binder. binders for
briquette making, learn and choose the right one. https://briquettesolution.com/all-about-
binders-make-briquette-with-proper-binder/.

World Agroforestry. (N.D.). Charcoal briquetting in Nairobi relieves poverty, environmental

stresses. World Agroforestry | Transforming Lives and Landscapes with Trees.

2
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

IV. Products and Services

A. Product/ Service Features

Corvette’s Quality Charcoal is a corporation that is all about manufacturing

and improving quality charcoal using mahogany tree fruit husks as a direct
alternative to commercial charcoal. This business will revolutionize the way of
improving and making quality charcoal in the country of the Philippines.
In our quality charcoal which is made up of organic materials that are
commonly thrown away by individuals such as mahogany tree fruit husks, cassava
starch, saw dust and limestone. Our product will prove that with sufficient effort
and dedication can make high quality and competitive charcoal briquettes in the
market from low quality ingredients.
FEATURES:
• Handmade.
• Made in Philippines.
• Made with organic materials.
• Main ingredient Mahogany Tree Fruit Husks
SPECIFICATIONS:
• Diameter: 50.8 mm / 2 in.
• Height: 25.4 mm / 1in.
• Average per charcoal briquette net weight: 25.7 g.
• Per box of product net weight: 465 g.
1
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

B. Product/ Service Benefits

The main ingredient of our product is mahogany tree fruit husks since it is
stated by Felix Daray (2011), Mahogany trees do not bear flower but grow buds
which develop into brown oblong fruit. The fruits fall when they mature, and the
dried one’s break spreading on the ground, where Mahogany Fruits are often
thrown away, what most people do not know is that the dried pulps are good
substitute of charcoal and firewood. Based on this information, we have used this
opportunity to monetize the uses and benefits that this ingredient may give for it
is easily thrown away and can be used as an ingredient for charcoal briquette.

The second ingredient of our product is sawdust, for sawdust is easily

thrown away and can be used as an accelerant to make our charcoal briquettes to
increase its efficiency and reduce the overall time and effort for igniting our
product. Where it is stated by Ngureco (2019), Charcoal Briquettes will need
accelerants to burn faster, because there is a difference in the structure of
briquettes compared with that of lump charcoal due to compaction. As a result,
briquettes are not able to absorb sufficient oxygen for faster combustion.

The third ingredient of our product is calcium carbonate, currently it is a

very cheap product in the market, for it can lower or reduce the burning rate of
briquettes for a longer period. Supported by Ngureco (2019), Whiting, lime,
limestone, or calcium carbonate have in the past been very cheap products where
they are not heat fuels, but they can lower the burning rate such that the briquettes
burn for a longer period but at a reduced fire.

For customers of charcoal briquettes, the total efficiency and longevity of

the product is most sought in the market, to meet this standard our quality charcoal
briquettes have high mean percentage of ash content, it will have less ability to
absorb gas and solution resulting to make it burn slower and prolong its efficiency.
In line with a research study by Cruz et al. (2019), The ash content of Mahogany
2
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

fruit husk charcoal with three replications has a total mean of 16.7%. It has a
greater percentage in terms of ash content when compared to Commercial wood
charcoal which has 6.17% mean percentage from the three replications.

As we all know that igniting charcoal requires a lot of effort and time, to
reduce the overall effort and time for igniting the charcoal our product will have a
higher mean percentage of carbon content than commercial wood charcoal. It will
ignite faster than commercial wood charcoal since high fixed-carbon content
indicates that the coal will require a long combustion time. In line with a research
study by Cruz et al. (2019), Mahogany fruit husk charcoal has a total mean
percentage of 24.12% while Commercial wood charcoal has a total of 33.92% in
terms of carbon content.

The overall heat duration of a charcoal is also sought by customers, Our

product has longer heat duration than commercial wood charcoal supported by the
high mean percentage of mahogany fruit husk charcoal in terms of ash content,
where it has less ability to absorb gas and solution resulting to make it burn slower
and prolong its efficiency and in line with a research study by Cruz et al. (2019),
in his graph of three trials between Mahogany fruit husks charcoal and Commercial
wood charcoal, it reveals that it takes a mean of 36.90 minutes of heat duration
for the mahogany fruit husk charcoal while it takes a mean of 30.94 minutes of
heat duration using commercial wood charcoal.

3
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

C. Product/ Service Price (discuss the pricing strategy to be used)

A. Budgetary Requirements
Expenses per production
DESCRIPTION QUANTITY/ RATE PRICE
DIRECT MATERIALS
Mahogany Tree Fruit Husk 3 kg PHP 150.00
Sawdust 1 kg PHP 30.00
Cassava Starch 1 kg PHP 59.00
Agricultural Lime/ Calcium Carbonate 1 kg PHP 17.00
TOTAL PHP 256.00
DIRECT LABOR EXPENSE
Wages Per production PHP 30.00
OVERHEAD EXPENSES
Indirect Materials:
PVC Pipe- 2” / 50.8 mm in diameter 1 piece PHP 30.00
Saw 1 piece ……
Bucket 1 piece PHP 45.00
Sales Commission Per production PHP 35.00
TOTAL PHP 110.00
MARKETING EXPENSE
Packaging
- Carton Box- 3 pieces 20x14x8 cm Per production PHP 45.00
- Baking Paper – 5 meters Per production PHP 29.00
TOTAL PHP 74.00
TOTAL EXPENSES PHP 470.00
Number of Units Produced 66 Charcoal Briquettes

Total/ no. of units produced: Full cost per unit = 3.88 + 0.45 +1 .67 + 1.12
= 7.12
DM = 256/ 66
= 3.88 Selling Price = 7.12 + 15%
DLE = 30/ 66 = 7.12+ 1.068
= 0.45 = 8.19
OE = 110/ 66
= 1.67
ME = 74/ 66
= 1.12

4
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

Pricing strategy to be used: Bundling and Psychological Pricing

Bundling strategy
Bundling strategy is by selling two or more products in one reduced price.
We have chosen this kind of strategy for it will help our business generate a large
range of buyers looking for deals and looking for convenience. Since it can signal
our potential customers for an understandable price, they can get a large quantity
of charcoal briquette that they may use. Additionally, Bundling is attractive to
consumers who benefit from single and value-oriented products. It will help
increase the efficiency of our business, thus reducing marketing and distribution
cost. Where it will allow the consumer to look at one single source that offers
several solutions that can be seen in our product.
Psychological Pricing strategy
Psychological Pricing strategy is selling products by the use of psychology
and positioning of price. In this kind of strategy, it will give an illusion to the
potential customers. For it has the specific intention to get customers to buy and
feel happy about their purchase. Such as the price of a product will be 99 pesos
instead of 100 pesos. The customers will see the nine and perceive the product to
be cheaper although there is only a small amount difference. A benefit that we can
capitalize from this strategy is that it can be implemented with ease and can create
customer loyalty between our products. For customers love the feeling of getting
a bargain or great value that can be used to excite customers every time they will
buy our product from an understandable price, they can get a large quantity of
charcoal briquette.

D. Plans for distribution and Quality Control

❖ Defining quality standards of our charcoal briquette.
In our business, first we must define the quality standards of our
charcoal briquette, not only by researching and understanding our product
can be of a benefit for us. It can also help our business for future
improvements especially on how we can make our charcoal briquette more

5
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

efficient in terms of its efficiency and by listening to our potential customer’s

review on our product.
o Acquiring raw materials
For acquiring our raw materials, we must ensure that each
ingredient that we will use for manufacturing and producing our
charcoal briquette must not be hinder our manufacturing process.
If we cannot comply or meet the demand of charcoal briquette for
our potential customers, it can lead to an income loss for business.
o Complying with production processes
In our business, we must follow strict production process or
manufacturing process of our charcoal briquette to maintain a
constant and efficient charcoal briquette product. Which will signal
our potential customers that our product is on par with other
commercial charcoal briquette brands here in the Philippines.
❖ Defining the number of products per batch that will be
tested.
For every batch of charcoal briquette, we must test at least 5-10
charcoal briquettes to know if that specific batch is ready to be packaged
and to be put on the market. Especially if we cannot maintain the quality
of our charcoal briquette, we can potentially lose our customers and receive
an income loss that will be a great disadvantage for our business.
❖ Creating and training employees for quality control.
In our business of charcoal briquettes, consistency of our product
is the top priority. For it will signal our potential customers that dedication
and effort we allot to produce quality charcoal briquette that will be in the
market. We must create and train employees that will meet this standard.
Not only we will create and train the people will work for us, but also to
help them improve in themselves. If they decide to leave our business, we
can be satisfied that we helped and trained that certain individual in his/her
capability to follow specific instructions.
6
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

❖ Creating a communication system for reporting defects or

potential issues.
For every batch that charcoal briquette that we will manufacture,
there is not a 100 percent possibility that every piece will be successfully
made. There will be defects that must not be packaged and put into the
market.
o Responding to defects.
The employees that we create and trained must have the
initiative and dedication to check and produce quality charcoal
briquette for they are representing our business on their own. If a
certain issue or defect that has been noticed, it must be fixed
immediately to prevent it from happening again. When these
defects and potential issues is left unnoticed, it can only lead to
further problems that will be seen in the long term.

V. Market and Industry Analysis

A. Market Trends and Needs
One of the trends among the Filipino society today is the Korean culture.
There are varieties of factors on why the Filipinos are fond of them and among
these are their distinct dramas, music, movies, and even outfits that clearly show
an impact based on how the Filipinos dress themselves, what movies or programs
they watch, and what music they listen to. Likewise, the country’s cuisine is also
well-received by the Filipinos which results to the rise of Korean food industry in
the Philippines. These opened Korean markets, restaurants, and stores throughout
the country especially Korean Barbeque. Furthermore, the fact that illegal logging
continues in the modern age especially in the Philippines that can be attributed to
several factors. Where consumers contribute indirectly to illegal logging by buying
paper or other woods products which are not certified from a sustainable source
for some wood products in the market are sourced from illegally logged timber
which is not certified as sustainable by the Forest Stewardship Council.

7
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

As a result, the entrepreneurs decided on a business that will sustain and

meet the demand of certain wood products for Korean Barbeque establishment
and to lessen the major problem in the country of the Philippines which is illegal
logging is by selling Mahogany tree fruit husk charcoal briquette as a direct
alternative for commercial wood charcoal that can be seen in the market.
Mahogany tree fruit husks fall when they mature and the dried one’s break
spreading on the ground, where it is often thrown away which can be a viable
ingredient in manufacturing charcoal briquette. Corvette’s Quality Charcoal is a
corporation that will revolutionize the way of improving and making quality
charcoal in the country of the Philippines by manufacturing quality charcoal using
mahogany tree fruit husk as a direct alternative to commercial charcoal.
B. Market Segmentation
The primary targets of this corporation are male and female adults as well
as Korean barbeque establishments in the Philippines. The age of the customers
will range from 18 and above since our product is a flammable material that needs
guidance of an adult. In addition, our product is very timely as Korean culture is
largely patronized among the Filipinos, the customers are assumed to be Korean
barbeque establishments in the Philippines as well as individuals that is looking for
efficient and proven charcoal briquettes to use in their own households. It is ideal
to have system or personnel that will handle the feedbacks that we will receive
from the customers, in order for our corporation to know, to solve, and what to
improve in our product. Price wise, our charcoal briquette is affordable being sold
as a bundle at an understandable price.
C. Analysis of Competitors
Corvette’s Quality Charcoal is a corporation that plans to revolutionize the
way of improving and making quality charcoal in the country of the Philippines
using mahogany tree fruit husks as a direct alternative to commercial charcoal.
The corporation assures that the product’s efficiency will be capable to stand out
among other charcoal briquette in the market, guaranteeing its unique efficiency
to its customers for availing our product. Being one of the pioneers of mahogany
8
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

tree fruit husk as a main ingredient in charcoal briquette making, there are no
competitors for our ingredient or product particularly in Metro Manila. Although if
analyzed, the most common ingredient for charcoal briquette making in the
Philippines is coconut husk, where we will not have any problem in acquiring our
main ingredient that can be of an advantage for our corporation. There is a specific
corporation that is established at Davao city, Davao del Sur in the year 1972 known
as a manufacturer as well as exporter of charcoal briquette in the Philippines made
of coconut husk, which is BF Industries, Inc. On par with our corporation which
has no certification and standards that BF Industries Inc. have. We can say that
our corporation has a long way to undertake specific problems, misunderstandings,
and improvement to be known in the Philippines. Nevertheless, Mahogany tree
fruit husk charcoal briquette remains distinct when compared to other charcoal
briquette or commercial wood charcoal that is in the market.
D. SWOT Analysis
❖ STRENGTHS
❖ Pioneer of Mahogany tree fruit husk charcoal
briquette
We are the first corporation to notice and utilize mahogany
tree fruit husks as a main ingredient for charcoal briquette making.
❖ Dedicated employees
Individuals within the corporation shows a strong link
between the state of the workplace, productivity and to what
prioritize during outside and working hours.
❖ Affordable
The product is sold as a bundle which contains quality
charcoal briquette with an understandable price for all individuals.
❖ Feasible
The process of making mahogany tree fruit husk charcoal
briquette is easy to prepare and does not take a long period of time to
manufacture to meet the demand of the customers.
9
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

❖ WEAKNESS
❖ Limited knowledge and experience
The proponents are still undergraduates, they may face the
lack of knowledge and experience in the charcoal briquette industry
due to the fact that the students are from the strand of Science,
Technology, Engineering and Mathematics which does not focus on
business skills.
❖ Stabilized source of income
The proponents are students who are still dependent on
their parents or guardian’s income.
❖ Limited supplies
The limited source of income may affect the supplies
needed for manufacturing the product. In addition, it allots a large
amount of time for importing certain ingredients that will be used
for manufacturing the product.
❖ Nonexposed
For we are the pioneers of Mahogany tree fruit husk
charcoal briquette it will take time for our corporation to be known
for the efficiency and utilization of our product since we are new in
the charcoal briquette industry it will take time for us to grasp and
process the knowledge and experience that we will gain to further
improve our product.

❖ OPPURTUNITIES
❖ Large marketing area
The proponents can have many places to export and
manufacture mahogany tree fruit husk charcoal briquette.

10
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

❖ Quality ingredients
The proponents carefully analyzed each organic material
that will be used to manufacture this product, to provide quality
charcoal to potential customers in its efficiency and utilization.

❖ THREATS
❖ Competition
Other competitors have been in the charcoal briquette
industry for a long time, and we are just new into this industry. As a
result, they have loyal customers which can hinder the progress of our
business.
❖ Inventory shortage
The proponents cannot simply supply ingredients to
manufacture the product, it must be ordered and supplied ahead of
time.
❖ Advertisement
Other competitors that are in the charcoal briquette industry in
a long time have more indirect advertising for they have more loyal
customers that recommend their product to other potential customers.
❖ New ideas
Other markets are threats to the corporation for it might take
the customers attention away for the price difference, advertising,
etc.
❖ Market demand
The consumers mind is unpredictable in terms of trends, some
might change from our product to another. In addition, if we cannot
supply the demand of our product in the market can hinder the
progress of our business losing potential customers.

11
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

E. Industry Forecast
Corvette’s quality charcoal will have a thrice production and manufacture
rate per month. But as the demand grows, the production per month will be
maximized. Accepting of reservation is also possible. In addition, the corporation
will be able to consistently improve its operation by adopting innovative and
efficient marketing and distribution strategies to ensure increase in sales revenue.

VI. Marketing Plan

A. Target Market Strategy
❖ Mass Marketing
For Corvette’s quality charcoal, the corporation must not limit our point
of view in choosing our customers for every individual or establishments
has the capability to use our quality charcoal briquette in their own
households or even businesses. In order to gain a dominant market
position, we must appeal all or most of the buyers in the product market
by utilizing the use of social media. due to the fact that mostly every
individual is exposed to the social media for a single post of our product
can reach thousands of users. not only it will expose our product it can help
our corporation to have a community of potential and loyal customers that
have witnessed the efficiency and utilization of our mahogany tree fruit
husk charcoal briquette.
B. Product/ Service Strategy
❖ Product Vision
To manufacture quality charcoal that will revolutionize the way of
improving and making quality charcoal in the country of the Philippines using
Mahogany tree fruit husks as a direct alternative to commercial charcoal.
❖ Product Goal
To have a successful business in the charcoal briquette industry in 5
years’ time, Corvette’s quality charcoal must revolutionize the way of
improving and making quality charcoal in the country of the Philippines as

12
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

an inspiration to use the resources that we have such as Mahogany tree fruit
husk as a direct alternative to commercial charcoal. We need to improve not
only physically but also mentally in handling the different difficulties that we
may face in 5 years’ time to prove that our company deserves to be in the
charcoal briquette industry.
❖ Initiatives to acquire
▪ Improve Mahogany tree fruit husk charcoal briquette’s
efficiency.
▪ Improve customer satisfaction.
▪ Sustain product features.
▪ Develop high level understanding of charcoal briquette.
▪ Continuously seeking and reviewing the product for
utilization and improvement.
C. Pricing Strategy
In order for our corporation to be self-sustaining, we must precisely utilize
the different kinds of pricing strategy that is appropriate for our business which are
bundling and psychological pricing strategy. Furthermore, we must consider the
feedback we will receive from our customers who have bought our product to further
improve and adjust any factors to have a harmonious relationship between our
product to our potential customers.
Bundling and Psychological pricing strategy pertains to two or more products
in one reduced price, in addition, how psychology and position of price can be utilized
when our mahogany tree fruit husk charcoal briquette is going to put into market. In
these strategies our product has a greater chance to attract and make our potential
customers to have the feeling of getting a bargain or psychologically make them feel
contented from an understandable price, they can get a large quantity of charcoal
briquette that they can use in their own households.

13
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

D. Plans for E-Commerce and Online Strategies

❖ Social Media Marketing
Social media marketing focuses on providing users with content they
find valuable and want to share across their social networks, resulting in
increased visibility and traffic.
❖ Facebook business Page
Facebook business page is a free opportunity for our business to
increase brand awareness and generate sales on Facebook.
By utilizing our Facebook business page, it will give our business more
possibilities and interaction between different users in the social media. Not
only we will have a community of potential and loyal customers, but this can
also be our way of reaching and interacting to them by responding to their
feedback on what we must improve and what we must fix in our product to
satisfy the customer’s needs.
❖ Facebook Ads
Facebook ads are targeted to users based on their location,
demographic, and profile information. It comes in several varieties. Where a
business page can promote their page, posts on page, action users took or
you website itself. After creating and ad, the business well set a budget and
bid for each click or thousand impressions that the business add will receive.
A great opportunity that our business that can use is Facebook ads for
allotting an amount of money we can further increase our engagement and
promotion of our product to different kinds of users in the Philippines. Even
though Facebook ads is only a way for our product to be promoted and have
engagement this does not mean that every individual will buy our product, it
will be of a great investment in terms of reaching our product to potential
customers and have passive promotion, where a user or individual has or
have seen our Facebook ad, he/she can advertise our product in case his/her
friend is in need for our specific product.

14
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

❖ Twitter
Twitter is a free social networking microblogging service that allows
registered members to broadcast short posts called tweets. Twitter members
can broadcast tweets and follow other users tweets by using multiple
platforms and devices. Tweets and replies to tweets can be sent by cellphone
text message, desktop client or by posting at the website.
Same as Facebook, Twitter is a free opportunity for our business to
have more engagement between different users or individuals using social
media. To have the purpose of having a positive community of potential
customers and loyal customers. Even though our customers cannot or will
not buy our product they can still support our business by retweeting our
product. As a result, it will give more engagement and possibility of our
business to be known for our mahogany tree fruit husk charcoal briquette as
direct alternative to commercial wood charcoal.

15
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

VII. Business Model

Key Partners Key Activities Value Customer Customer

Propositions Relationships Segments
❖ Shipping ❖ Complying with
Companies. production ❖ Ecommerce ❖ Customer first
processes. service mindset ❖ Business Clients
❖ Major Retail ❖ Flexible Customer
Clients. ❖ Creating and Service ❖ Online/Phone ❖ Retail Clients
training employees communication
❖ Key raw ❖ Customer
for quality control. channel
materials and Satisfaction
manufacturing ❖ Acquiring Raw ❖ Employees
❖ Quality Charcoal
equipment materials. ❖ Retailers
Briquette
suppliers.
❖ Communication
❖ Community of system for
Loyal reporting defects
Customers. or potential issues.
❖ Dedicated ❖ Testing of products
Employees. per batch that has
been made.

Key Resources Channels

❖ Excellent shipping ❖ Local

services. Distribution
Channels
❖ Customer service
adaptability. ❖ Social Media
❖ Warehouse and Marketing
fulfillment
location ❖ Online/ Phone
Customer
❖ Raw materials Service
❖ Social media
Platforms ❖ Shipping
establishments
❖ Employees
❖ Internet
Connection
❖ Computer/ Phone

1
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

Cost Structure Revenue Streams

❖ Budgetary Requirement : 470 Pesos
❖ Charcoal briquette has low manufacturing and
❖ Large investment and fixed costs from expanding maintenance costs, which allows extra revenue to
Corvette’s Quality Charcoal from paid advertisements be allotted for paid advertisements.
and for the long run, building new fulfillment locations.
❖ Low margin revenue from retail ecommerce sales
❖ Sourcing and building a relationship between key and fulfillment due to costs related to warehousing
partners. and upkeeping fulfillment for shipping companies.

❖ Dedicated amount of time for employing ❖ High margin revenue streams from
individuals that will help this business to its utmost direct business clients and customers.
capability.
❖ Subscription fee
❖ Licensing Costs
❖ Fulfillment costs (Packaging, Shipping
establishments, etc.)
❖ Maintenance Costs

VIII. Competitive Advantage

❖ Unique geographic location
o Our main location for manufacturing our product can be found at Makati
City, Metro Manila. For the particular reason that this is a well populated
area that is great for establishing a business. In addition, this can be a way
for our business to be one step ahead of our competitor due to the
circumstance that they have more costs in terms of exporting and retailing
their products to be put in the market in Metro Manila.
❖ Ability to manufacture products at the lowest cost
o Manufacturing charcoal briquette has low manufacturing and maintenance
costs under the circumstance of acquiring common raw materials and
physical labor that it entitles.
❖ Social media marketing
o Corvette’s quality charcoal utilizes the use of social media platforms and
technology to increase its engagements between different users or
individuals through paid advertisements and indirect advertisements.

2
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

❖ Pioneer of Mahogany tree fruit husk charcoal

o Our business is the first to utilize and notice the benefits and advantage
that Mahogany tree fruit husks can give in the charcoal briquette industry.
IX. Operation and Management Plan
❖ Strategy and Planning
o Budget Planning
A team or program must be implemented in Corvette’s Quality
Charcoal for the particular reason of handling the valuable assets and
money that this business entitles.
o Strategic Planning
Our business must have a strategic plan on how to achieve
objectives and identify different problems that may occur to have a
productive and positive environment.
❖ Quality
o Quality Control
We must make sure that all our product that will be in the market
undertake and end-to-end process and protocol to prevent certain product
defects and mistakes especially that our business is handling flammable
materials.
❖ Business Management
o Risk management
We must identify and manage potential problems or losses that
our business entitles for the particular reason of we are handling
flammable material that can either hurt human beings or the fall of our
business.
o Project Management
Every individual in the business which includes both employees
and managers must have the leadership and initiative to adapt and handle
specific problems that may occur.

3
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

❖ Performance Management
o Performance improvement
Every individual has his/her own strengths and weaknesses in
any case our business must regularly evaluate each employee to reward
them for their performance to the business or motivate certain employees
that hinders the progress of the business.

4
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

X. Financial Projection

Year 1 Year 2
Mahogany tree
fruit husk Quantity
charcoal Price per Quantity Peso Quantity Peso
briquette per month (units) (units)
box

9 Pieces 69 14 (31.82%) 168 11,592 196 13,524

16 Pieces 129 12 (27.27%) 144 18,576 168 21,672
22 Pieces 179 10 (22.73%) 120 21,480 140 25,060
38 Pieces 299 8 (18.18%) 96 28,704 112 33,488
Total 44 528 80,352 616 93,744

Year 3 Year 4 Year 5

Quantity Quantity Quantity

Peso Peso Peso
(units) (units) (units)

224 15,456 252 17,388 280 19,320

192 24,768 216 27,864 240 30,960
160 28,640 180 32,220 200 35,800
128 38,272 144 43,056 160 47,840
704 107,136 792 120,528 880 133,920

Total units to be manufactured in 5 years = 3,520 units of charcoal briquette boxes

Total money to be accumulated in 5 years = 535,680 Pesos

Implemented number of units for every succeeding year = 88 units of charcoal briquette boxes

Amount of money to be gained for every succeeding year = 13,392 Pesos

1
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

In a single month, Corvette’s Quality Charcoal can make 14 boxes with 9 pieces of charcoal
briquette, 12 boxes with 17 pieces of charcoal briquette, 10 boxes with 22 pieces of charcoal
briquette and 8 boxes with 38 pieces of charcoal briquette, which is equivalent to 44 boxes worth
of 842 charcoal briquette, respectively. To meet this demand, For the first year of manufacturing
our charcoal briquette, the business will have 13 working days for every month to manufacture
858 charcoal briquettes. Resulting, 10,296 charcoal briquettes to be made in the first year.

In the first year of manufacturing mahogany tree fruit husk charcoal briquette, Corvette’s
Quality Charcoal will accumulate 528 units of charcoal briquette boxes that is equivalent to 12
months of hard work producing 44 units per month, which has an equivalent value of 80,352
Pesos.
In order to have a constant data or record of what our business must accomplish, the
proponents have decided for every succeeding year the business must manufacture and
implement 2 months’ worth of units which is equivalent to 88 units of charcoal briquette boxes
or 1,684 charcoal briquettes for the particular reason of having a specific goal as a starting
business that will used as an inspiration and mission that must be accomplished.

To sum up everything that has been stated so far, Corvette’s Quality Charcoal must
manufacture and implement 2 months’ worth of units for every succeeding year. This actively
demonstrates that both data and cash flow to our business will remain constant. The business
will gain a constant amount of money that is worth 13,392 Pesos in addition to the last year’s
accumulated amount of money due to the implemented 2 months’ worth of units that is equivalent
to 88 units of charcoal briquette boxes that must be manufactured for every succeeding year.
Resulting, Corvette’s Quality Charcoal’s total revenue in 5 years’ time is worth 535,680 Pesos that
is equivalent to 3,520 units of charcoal briquette boxes.

2
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

XI. Appendices

Twitter Header/ Cover Photo

Facebook Business Page Cover Photo

Facebook page and Twitter Icon Company Logo

1
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

Flyer

Price List

2
 PATEROS CATHOLIC SCHOOL
Senior High School Department
S.Y. 2020 – 2021

Corvette’s Charcoal’s Twitter Account

Corvette’s Charcoal’s Facebook Business Page