... Accountaholics A Business Concept Managerial Accounting | ACCT 121 Ms. Sharona G. Calica Subject Instructor Group 1 | Accountaholics Scyreev Denz S. Gacayan Edward John C. Martinez Danielle Lejani S. Ramos Atasha Johanna A. Sarmiento Michelle M. Vaay
IBA ANG ABA KAIRA JOYCE C. CONCEPCION MS. ABA 2021 - 2022
contents Rationale. 02 Purpose of the business 03 03 Business Identity 03 03 Name of the business 04 Business logo Tagline 04 Location 04 Jingle 05 Allocation of Budget 05 Raw Materials 06 Summary 06 Plan for Sustainability 07 Vouchers & Discounts Collaborations Record of Meetings F r i d a y , 6 M a y 2 0 2 2 T h u r s d a y , 1 2 M a y 2 0 2 2 Appendices Virtual Background 01
ACCOUNTAHOLICS ACCT 121 rationale The sole purpose of the business is to integrate multi- purpose and essential tote bags, equipped with an eco-friendly and fashionable style. It is almost essential that everyone has their own tote bag in their closet. It never goes out of style with its simplistic and wide range of use. It can be used for school, office use, the wet market, the grocery store, or even for fashion. Who doesn’t like versatility, right? What makes our product unique from other tote bags is that it is made from Jute fiber, which is 100% biodegradable and recyclable. Furthermore, our tote bag has a pouch and cushioning inside for 13' to 14' inch laptops to protect them from scratches and dents, and it comes in a variety of designs. By using jute fiber, we reuse and lessen the waste being burned every day that causes climate change. Convertible to handbag Jute Fibre Padding Material Adjustable Straps Spacious Pockets Php Different Variations 350.00 Reference Design 02
ACCOUNTAHOLICS ACCT 121 business identity Business Name: THIN K HAPPY T OTES Happy Totes. Tagline: Save the earth and be ‘toteful.’ Think Happy Totes. Location: EST. 2022 Committing to an online shop is the best option due to the BE TOTEFUL COVID-19 pandemic lockdown. Furthermore, being an online shop for now will help the team to ‘test the waters’; check people’s interest in our products. The products will be made available at Shopee and Instagram. Promotional posts will be uploaded by the page through different social media, as well as sponsoring personalities to encourage an eco-friendly alternative. Happy Totes Bag P 350 Tote Bags for only Php 350! K HAPPY TEST. 2022 Available at Shopee THIN OTES Checkout. EST. 2022 #ThinkHappyTotes BE TOTEFUL Figure 1. Shopee and Instagram Post 03
ACCOUNTAHOLICS ACCT 121 Jingle: Our jingle's targeted genre is a lighthearted and upbeat tone. The Happy Totes jingle can be found at the URL below. If listening to our jingle made you feel excited, cheerful, and jolly, then we must have chosen the perfect genre. Happy Totes Jingle: Ohttps://drive.google.com/file/d/1NZb VSBiToalf6nwS_x2dLMIQKOaFMAz0/vi ew?usp=drivesdk budget allocation Materials Price Unit Jute Php 137.00 1 yard 4 inches Canvas Strap Php 7.00 Small (10\"x6\"x2\") Cushion or Padding Php 69.00 1PC (1.5 inch) Php 10.00 60 Width Strap Adjuster Php 77.00 Cotton Fabric Summary Raw Materials Php 6,000.00 Packaging Php 300.00 Labor Cost Php 2,000.00 Other Expenses Php 1,000.00 Utilities Php 700.00 Other Expenses includes embroidery supplies such as thread, needle, etc. 04
ACCOUNTAHOLICS ACCT 121 plan for sustainability Vouchers and Discounts Vouchers Happy Totes will offer a free shipping fee with a minimum spend of 700. This voucher will encourage the customer to buy the item especially if the item’s amount qualifies for the minimum spend. Because this voucher can be a good start for the business to introduce the product, it can also be the reason why many customers would love to shop again at the shop. Discounts Happy Totes is happy to offer discounts to its customers since customers would also love discounts. This discount will be applied to those customers who will compel to the minimum spend. Happy Tote will also give discounts to those loyal customers to show appreciation for being loyal to their brand. For example: Min. spend to get the discount is 700, therefore you will have a less Php 20. Collaboration with influencers and other companies Happy Totes will use its platform to find and collaborate with influencers who can promote their products and partner with other businesses because with this, they can generate more income, and it can boost the growth of both businesses. 05
ACCOUNTAHOLICS ACCT 121 record of meetings F r i d a y , 6 M a y 2 0 2 2 10 am - 11 am Agenda Ideas brainstorming A brief overview of the business concept's contents Task distribution Research probable raw material prices. T h u r s d a y , 1 2 M a y 2 0 2 2 9 pm - 10.30 pm Agenda Presentation practice Paper revisions Virtual background design for Happy Totes 06
ACCOUNTAHOLICS ACCT 121 appendices Happy Totes Virtual Background 07
... K HAPPY TOTES THIN EST. 2022 BE TOTEFUL Mission “Happy Totes aims to provide multi-purpose tote bags as reliable carriers, equipped with an eco-friendly and fashionable style for the general populace.” Vision “To inspire people around the world the essence of functionality, fashionability, and eco-friendliness through our tote bag craftsmanship.” Accountaholics Managerial Accounting | ACCT 121 Ms. Sharona G. Calica Subject Instructor Group 1 | Accountaholics Scyreev Denz S. Gacayan Edward John C. Martinez Danielle Lejani S. Ramos Atasha Johanna A. Sarmiento Michelle M. Vaay
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