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Vending Machine Business Operations Guide

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0% found this document useful (0 votes)
4 views8 pages

Vending Machine Business Operations Guide

Uploaded by

kevinpadillo8
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

CHAPTER IV

TECHNICAL ASPECT

Service/Production Process

Here are the technical steps for how the business products are provided:

1. Insert cash (coins or bills).

2. Select either juice or coffee.

3. If choosing juice, pick a flavor; if selecting coffee, choose a flavor and specify whether you want

it iced or hot.

4. Receive any change if the amount inserted exceeds the price.

5. Wait patiently as the drink is prepared.


Figure 4.

Vending Machine

Presented in Table 17 is the vending machine required for the operation of the proposed

business. For its complete operation, a total of P200,000 for the vending machine is needed.

Table 17.

Vending Machine

Particulars Quantity Unit Cost Amount

Vending Machine 1 120 000 120 00

Depreciation

Presented in Table 18 is the annual depreciation of the Vending Machine that will be used for

the business.

Table 18.

Depreciation

Particulars Quantity Amount Estimated Year 1 Year 2 Year 3

Life

Vending 1 120 000 10 12 000 12 000 12 000

Machine
Table 19.a.

Production Capacity of Juice

Year Production Capacity

2022 50 400

2023 50 400

2024 50 400

Table 19.b.

Production Capacity of Coffee

Year Production Capacity

2022 66 600

2023 66 600

2024 66 600

Purchase Material

Materials such as refills of juice and coffee powder, and cups will be made monthly by the

Product Filler. Table 20 expresses that the business will incur P297,300 for the supply of the

aforementioned for the first year.

Table 20.

Purchase Material

Particulars Quantity Unit Costs Months Amount


Juice Powder 30 150 /kg. 12 54 000

Coffee Powder 40 190 /kg. 12 91 200

Paper Cups 9 750 1.3 /cup 12 152 100

Total 9 820 297 300

Projected Cost of Purchase Material

Table 21 shows the cost of supply purchase from Year 1 to Year 3. For Years 2 and 3, the business

will purchase the same quantity every month. Cost of purchase material is assumed to be equal for the

preceding years.

Table 21.

Projected Cost of Purchase Material

Year Annual Cost

2022 297 300

2023 297 300

2024 297 300

Total 891 300

Permit, Taxes, Licenses

Table 22 displays the operating expenses of the business permit, taxes, and licenses that the

business must comply with.


Table 22.

Summary of Permit, Taxes and Licenses

Particulars Amount

Business Permit 1 500

Notary for Business Permit 300

BIR 0605 Annual Registration Fee 500

Signboard Fee 250

BIR TIN Registration 500

Total 3 050

Projected Permit and Licenses

The following years in the business will incur only the business permit and Annual BIR

registration fee therefore, cost will reduce to P2,000 in 2023. And will only incur the business permit in

2024 because the BIR annual registration fee will no longer a requirement under the EOPT act therefore,

cost will reduce to 1,500 as shown in the Table 23.

Table 23.

Permit, Taxes and Licenses

Year Total Cost

1 3 050

2 2 000

3 1 500
Utility Expense

Table 24 presents the amount of utility expense that the business will incur per month and the

annual cost to be incurred by the proposed business.

Table 24.

Utility Expense

Utility Source Basis Rate per Month Annual Total Cost

Power Supply NORDECO kw/hr 2 000 24 000

Water TCWD m³ 2 000 24 000

Total 48 000

Projected Utility Expense

Table 25 shows the projected utility expense of the proposed business for the next 3 years. It is

assumed to have an annual increase of 2%.

Table 25.

Projected Utility Expense

Year Total Cost

1 48 000

2 48 960

3 49 920

Table 26.
Summary of Project

Particulars Year 1 Year 2 Year 3

Cost of Purchase 891 900 891 900 891 900

Material

Depreciation 12 000 12 000 12 000

Permit, Taxes and 3 050 2 000 1 500

Licenses

Utility Expense 48 000 48 960 49 920

Total Operating 954 950 954 860 955 320

Expenses

Channels of Distribution

The business requires a reliable supplier of cups, juice, and coffee powder with a proven track

record of delivering high-quality products. This ensures smooth operations and prevents issues like

inventory shortages.

Philippine Vending Corporation

54 E. Rodriguez Jr. Avenue Bagong Ilog Pasig City 1600

(632) 8477-3333

customercare@[Link]

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