PART A SUMMARY OF THE STUDY

I. Name of the Firm The researchers, namely Khristine Gail Arcega, Neall Angelo Dulog, Ivy Dianne Galzote, Ludivinia Labitoria and Jan Carlo Oblepias came up with GOLD&A as the name of their enterprise. It represents an acronym of the researchers surname: G stands for Galzote; O is for Oblepias; L for Labitoria; D for Dulog; and, A is for Arcega. Also, the researchers agreed to Science as the over-all theme for the merchandises the enterprise that is, Science. The first product line of the enterprise, the SCIENTEES statement shirts - is of course, Science-related. In line with the Science theme of the enterprise, the researchers formulated the company name GOLD&A, since gold the word formed by the first letters of the surnames of Galzote, Oblepias, Labitoria and Dulog, is one of the elements present in the periodic element.

II. Location The main office is located at Greenland Subdivision Brgy. San Juan Cainta, Rizal. The Municipality of Cainta is located in the province of Rizal. It is one of the oldest (originally founded on August 15, 1571), and is the town with the second smallest land area of 26.81 square kilometers (10.35 sq mi) next to Angono with 26.22 square kilometers (10.12 sq mi). Cainta serves as the secondary gateway to the rest of Rizal province from Metro Manila. It became one of the most urbanized towns due to its proximity to Manila.

The stall where the statement shirts will be sold is located at Teresa St. Sta. Mesa, Manila near Polytechnic University of the Philippines. Santa Mesa is located in the eastern part of Manila, bordering the districts of Sampaloc in the north and east, Pandacan and Santa Ana in the south after crossing the Pasig River and the cities of Mandaluyong, San Juan and Quezon City in the west. Some of the natural variations in topography have been evened out due to its urbanization.

III. General Objectives a. Our companys objective is to be the leading seller of statement shirts for the next 5 years in Polytechnic University of the Philippines and online community. b. Our business will endeavor to be an excellent company here in the Philippines that will be loved by the Filipinos and eventually we can export our products to other countries.

IV. Specific Objectives a. To build a good rapport with students of Polytechnic University of the Philippines and online customers. b. To maintain a good relationship with all our employees and also to the suppliers. c. To be the favored company of the Polytechnic University of the Philippines students and online customers to supply them with our statement shirts.

V. Executive Summary Management and Legal Study The proposed business is a partnership where each partners will contribute equal amount to finance the business. It consists of business staffing and the corresponding duties and functions. Also included here are the internal control process and company rules and regulations to follow in managing the business. Management study consists of the business requirements needed to comply with setting up a Partnership. GOLD&A Enterprise is a non-vat registered business; hence, the company uses percentage tax of 3% for its gross sales/receipts. It will also pay annual income tax of 30% for its net income. The company also withholds taxes for its employees income payments.