The College of Business Administration & Accountancy of MSU-IIT shares Business Opportunities for Exploration

The following feasibility studies were prepared by BS Accountancy students of the MSU-Iligan Institute of Technology and are available at the College of Business Administration and Accountancy.   Prospective investors and other interested parties who may want to utilize these studies in whole or in part may contact their respective advisers at the CBAA.

 Escape Central: Adventure Park and Bar Lounge

Both society and environment are in constant state of motion that a brief moment of respite may as well be treated as luxury .Thus, Escape Central is initiated to cater the emerging market for adventure parks  particularly the youth, families and the young once. The project initially involves the establishment of three adventure sports activities, with a bar lounge also included to better serve the needs of the customers. An era of business for pleasure and well-being is here. Be fit, have fun – that is Escape Central.

Lucille Mae C. Cabo, Jhezzarose L. Fajardo, Hanilyn A. Tiago,

Kristy B. Venzon, Adviser: Prof. Milagros R. Narido, CPA, MBA

Bahay-Kubo Native Restaurant

The people of Iligan come from different regions of the Philippines.  This project will provide Iliganons as well as non-Iliganons with some native Filipino food associated with the different regions and tribes within the country. It would allow them to enjoy their provinces' native products and will give them the opportunity to taste other provinces' delicacies without having to be physically present in such locations. This will promote our very own Filipino cuisine and preserve our culture that is mirrored in every recipe a true Filipino prepares.

Marichen G. Anaviso, Rema Sylvia M. Babiera, Datu Hamlon,

Zandra Famida Sangca,Adviser: Prof Milagros S. Narido, CPA, MBA

Prawn Farming

Prawn farming is an aquaculture business which involves raising prawns for human consumption. It is a fast developing industry in the Philippines, because as an export commodity, prawns are  major dollar-earners. This is a capital intensive business, especially the one employing the intensive culture system. The degree of success in this business is high. However, the risks increase as producers employ more advanced farming methods and larger farm sizes. The aim of the project is to gain profit by catering to the demand for prawns of hotels, restaurants as well as the individual consumers of Iligan City and Marawi City.

Joberlie B. Badlon, Kenneth Joy C. Laurente, Abdul Mohaimen D. Diragon,

Adviser:  Prof. Wilfreda O. Loable, CPA, MBA

A Business Improvement Program of the College of Education Cafeteria

This study aims at making improvements of the already existing CED Cafeteria to be able to expand its market and become more profitable. The Cafeteria is strategically located at the heart of the College of Education building of the MSU-IIT and was established to cater the needs of all MSU-IIT constituents.

Jimmy M. Coloma, Ivan C. Eblamo, Faith F. Perez, Zynth C. 

Adviser:  Prof. Milagros R. Narido, CPA,

Audio Visual Center for the MSU-IIT Gymnasium

The MSU- Iligan Institute of Technology plans to improve its audio-visual facilities and undertake acoustics renovation in its gymnasium to make it a prime civic and convention center not only for Institute use but for the city as well. This study was conducted to explore the feasibility of having a complete gymnasium renovation and improvement to meet the required standards and quality of audio-visual facilities given the current budget allocation for this purpose and to generate additional income for the Institute. 

Syllen S. Barluado,  Jason John V. Alegarme, 

Mohammad Ali M. Bantao, Jesther Ian T. Gonzales 

                                                               Adviser: Prof. Milagros R. Narido, CPA, MBA

MSU-IIT Commercial Center

The proposed commercial center is a multistory progressive type of project. The first storey will be built first and future expansion of the building will be made thereafter. This project will be owned and controlled by the MSU-IIT and will be established within the Institute's premises. Its primary objective is to promote modernization in the Institute in line with its vision of becoming a “world-class” institution. It also aims to provide quality goods and services and convenience to the students and employees of MSU-IIT and even to outside consumers by incorporating different stores or shops in a single venue. It will also serve as an income-generating unit of the Institute.

Maricar A. Ariosa, Joanna P. Baquial, Lea Marie Cantiveros,

Peter Louie C. Quiamco, Adviser: Prof. Milagros R. Narido, CPA, MBA

MSU-IIT Materials Recovery Facility “Basura Mo, Tuition Ko!” Program

The proposed project is the establishment of a materials recovery facility. It will be part of the income generating activities of the Institute. Its main purpose however, is to encourage the practice of proper solid waste management among MSU-IIT constituents particularly the students. Recyclable materials recovered by students  wiil be sold and their proceeds will be applied to their tuition. Hence, the name of the project - “Basura Mo, Tuition Ko!” program.

Chacy Kay B. Atan, Philomelle Jade J. Augusto, Norhaisah A. Calbe,

Cielo Leigh G. Corona, Adviser:  Prof. Milagros R. Narido, CPA, MBA

           

      Kawayan sa Canaway

Kawayan sa Canaway is a techno-transfer project involving  the production of bamboo-made products using the technology of  the MSU-IIT Bamboo Technology Resource Center.  The project will be situated at Sitio Canaway, Tibanga, Iligan City. It aims to customize the use of bamboo as a raw material in a business, to provide employment and to contribute to the socio-economic development of the community.

Rubelle E. Demol, Josie Mae G. Loayon, Catherine Eloise B. Ontolan,

 Estrella L. Tesio, Adviser:  Prof. Milagros R. Narido, CPA, MBA

Make My Pig: Hog Raising with Biogas Production

            The project is established for the purpose of gaining profit through hog-                                                                                                                   raising and the sale of its produce. It is a large-scale project and its target market will be the restaurants, and the meat vendors or meat shoppes of 9 municipalities of  Lanao del Norte. The project has a slight departure from the traditional way of hog-raising since the plant has a biogas production facility which can be used to process the animal manure into energy.  This will make the plant self-sufficient with respect to its needs for electricity and, therefore, environment friendly.

Marjun B. Belsondra, Kelvin Ian E. Moquiala, Mylene Jade E. Vargas

                                                            Adviser,  Prof. Milagros R. Narido, CPA, MBA

Quail Raising and Quail Egg Production

The lack of supply of quail eggs in Iligan City opens an opportunity for  a profitable business venture on large-scale quail egg production. This study is aimed at determining the feasibility of putting up this kind of business. The study revealed that this kind of business can have a return of investment of 27%. It will provide enough supply of quail eggs to cater to the growing local demand. The business investment cost can be recovered in 2.68 years and it has an increasing trend of income and thus, is a good investment.

Arra Q. Adajar, Riza G. Librado, Arnel O. Atienza,  Adviser: Prof. Wilfreda O. Loable, CPA, MBA

FLAME Tutorial Center

FLAME tutorial center aims to cater to the needs of students in all levels in Iligan City for academic tutoring. Recently, the latter  has been in demand because of the increasing  expectations placed on college, high school and even grade school students.  Many of these students need tutors to help them catch up and keep up with their class requirements. However, while the need for tutoring exists,  tutoring services are  limited and costly. This organization's competitive advantage will be the close attention it will give to the needs of the students and its high standard of service which can be availed of at a reasonable price.

Gian Carlo A. Avila, Jessa Kristel B. Caumbo. Hansyl G. Ocdenaria

                                                Adviser: Prof. Milagros R. Narido, CPA, MBA

iAccSys: An Automated Accounting System for MSU-IIT Student Organization

This project is designed to address the needs of student organizations for a timely generation of required financial reports.  iAccSys satsifactorily meets the needs of officers, students  and other stakeholders who are interested in  financial information of student organizations. Other needs  that this system will serve are the following : real time generation of information, accuracy of  financial reports,  convenient recording of transactions with appropriate controls  and  accessibility of financial information to users and stakeholders.

Lorenz G. Bagayas, Ma. Delvie Y. Cabataña, Ma. Cristel Celeste S. Camingawan, Jay Ann S. Cipriano, Marlanie Kresyl A. Piano, Lorena Joan P. Zabala, Adviser: Prof. Wilfreda O. Loable, CPA, MBA

Pens and Papers: An Educational Supplies Store

The project is a merchandising business engaged in selling educational supplies inside the MSU-IIT campus. The business aims to successfully penetrate the market by offering a broad line of school supplies to an unserved market, the students, teachers and administrative staff. It will provide its customers the basic essentials for daily functions at school as well as the ease of securing the supplies in times of immediate need. Establishing the business would open a new channel of revenues that would contribute to the income generating activities of the Institute. It would also create employment to  students who want  to be part of the sales staff.

Maybell N. Abian, Absalon M. Bardos II, Marife A. Goce,

Adviser: Prof. Wilfreda O. Loable, CPA. MBA

Cash Savings from a Cash Purchase System in a Government Institution

The study compares the prices of supplies and materials actually purchased in  a government institution under the “shopping mode”, which is on credit, with its cash basis quotation. The researchers used the purchases of the institution for the year 2008 as a basis for the study. The main concern of this study is to quantify the difference between the two systems, calculate the amount of savings that could be generated, if there is any, and identify some factors that influence a decision to purchase on cash basis or on credit.

Rogelyn Fatima C. Alvarico, Rowena D. Pagente, Myra Lou Ll. Tagalog

                                                                Adviser: Prof Wilfreda O. Loable,  CPA, MBA                                             

SHIPSHAPE:  A Housekeeping Service in Iligan City

         This proposed project would provide housekeeping services to households, the identified target market. The primary market of SHIPSHAPE are the busy people residing near the establishment, particularly working parents and single employees who do not have enough time to do housecleaning. Practically, the service that will be provided by the SHIPSHAPE will enable them to save time, money and effort. This may also cater to business establishments’ needs for cleaning services.

Roela Faye F. Felicia, Daisy A. Montecillo,

Shalamar G. Marangit, Adviser: Prof. Wilfreda O. Loable, CPA, MBA

Wastewater Treatment Facility in Pala-o Public Market, Iligan City

This study is intended to identify whether the construction of a Wastewater Treatment Facility (WTF) in a Public Market is worth pursuing. The facility design enables the proponents to estimate the cost of the facility and compare this with the income the facility can generate. The study shows that investing in a wastewater treatment facility is a project worth pursuing.  

Princess J. Alico, Realn Koleane C, Arias, Silayan C. Boligol,

Richard Jull S. Bureros, Albert Neño B. Paler, Ana Victoria P. Porras,

Vida Victoria M. Varquez, Adviser: Prof. Wifreda O. Loable, CPA, MBA

Commercial VERMICOMPOST Production in Iligan City

The study assesses the feasibility of establishing a commercial vermicompost production facility in Iligan City by conducting  market, technical, organization and management, financial and socio-economic studies..  It determines if business opportunity is possible, practical and viable.  The project will not only be financially viable but  is also friendly to the environment.

 

                                                  

Flora Mae M. Bas, Lawrence P. Boransing, Kim Richard P. Galimbas  

Adviser:  Prof. Wilfreda O. Loable, CPA, MBA

Contact Person:

Prof. Milagros R. Narido

MBM Coordinator

College of Business Administration and Accountancy

MS0-Iligan Institute of Technology

m_narido@yahoo.com 

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