Weaving Dreams

356 views

Published on

Published in: Education, Business, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
356
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Weaving Dreams

  1. 1. WeavingDreams “Dreaming without an action is a WISH but Dreaming with an action is what we call DECISION!”
  2. 2. Success stories … Dreamweavers of Lake Sebu - a T’boli cooperative giving livlihood projects for T’boli women in Lake Sebu. Lamlifew Weaving Center - a livelihood project became a tourist attraction involving B’laan women.
  3. 3. Challenges for Weave-making industry… Diminishing number of or ageing skilled weavers, Market development Enterprise management Product development Technology Gender equality issues on multiple role of women Lack of credit for the weaving industry.
  4. 4. DESCRIPTION OF VENTURE A business venture that is owned and managed by its members. A cooperative involve in the production and in the marketing of the products hand-made by its members. The cooperative will diversify into the production and trading of agricultural products
  5. 5. VisionWe envision an interconnected system of worker-ownedcooperatives that fosters fairness and abundance to the membersand local communities, harmoniously functions with localstakeholders, supports just, safe and democratic workerenvironments, and provides the basis for a joyful and prosperouscommunity for all.MissionTo alleviate B’laan women and their families from poverty bycreating a livelihood opportunity through turning the traditionalendeavor of weaving into a self-sustaining enterprise.ValuesA cooperative is an autonomous association of persons unitedvoluntarily to meet their common economic, social, and culturalneeds and aspirations through a jointly-owned and democratically-controlled enterprise.
  6. 6. No. Risk Rating Contributing Factors Mitigating Factors 1 Low sales turn-out D New product line, Extensive marketing customers lack strategy 2 Very few skilled workers C information. interest on Diminishing Conduct trainings. tradition 3 Lack of transport to take materials to B Poor road condition, rates Contract out hauling. production area; not yet standardize 4 Lack of transport to take finish C Poor road condition, rates Contract out hauling. products to the market; not yet standardize 5 Insufficient self-management skills; D Low educational Conduct seminars and attainment trainings. Hire professional 6 Lack of operational infrastructure; D Not enough capital individual to manage. Lease buildings.
  7. 7. Estimated CostMajor Items Year 1 Year 2 Year 3Organization Registration 30,000Building Lease 36,000Land Purchase 80,000Building Construction 420,000Salaries 312,000 327,600 343,980Advertising 24,490 25,715 27,000Utilities 15,000 15,750 16,538Office Supllies 6,000 6,300 6,615Furniture & Equipment 15,000 15,750 16,538Estimated Total Cost PHP 438,490 PHP 471,115 PHP 830,670
  8. 8. Twelve-month sales forecast Weaving Dreams Inc. Fiscal Year Begins Jan-13 12-m onth Sales Forecast Annual Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 TotalsCloth 1 units sold 10 10 15 15 15 18 18 18 18 18 20 20 195Sale price @ unit 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00Cat 1 TOTAL 15,000 15,000 22,500 22,500 22,500 27,000 27,000 27,000 27,000 27,000 30,000 30,000 292,500Cloth 2 units sold 8 8 10 10 10 12 12 12 15 15 15 15 142Sale price @ unit 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00Cat 2 TOTAL 20,000 20,000 25,000 25,000 25,000 30,000 30,000 30,000 37,500 37,500 37,500 37,500 355,000Cloth 3 units sold 20 20 25 25 25 20 20 20 20 20 25 25 265Sale price @ unit 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00Cat 3 TOTAL 20,000 20,000 25,000 25,000 25,000 20,000 20,000 20,000 20,000 20,000 25,000 25,000 265,000Mat units sold 15 15 20 20 20 25 25 25 25 25 25 30 270Sale price @ unit 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00Cat 4 TOTAL 7,500 7,500 10,000 10,000 10,000 12,500 12,500 12,500 12,500 12,500 12,500 15,000 135,000Accesory 1 units sold 100 100 150 150 150 180 180 180 180 200 200 200 1970Sale price @ unit 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00Cat 5 TOTAL 3,000 3,000 4,500 4,500 4,500 5,400 5,400 5,400 5,400 6,000 6,000 6,000 59,100Accesory 2 units sold 100 100 100 130 130 130 140 140 140 160 160 160 1590Sale price @ unit 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00Cat 6 TOTAL 5,000 5,000 5,000 6,500 6,500 6,500 7,000 7,000 7,000 8,000 8,000 8,000 79,500Cat 7 units sold 30 30 30 30 40 40 40 40 80 80 100 100 640Sale price @ unit 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00Cat 7 TOTAL 1,800 1,800 1,800 1,800 2,400 2,400 2,400 2,400 4,800 4,800 6,000 6,000 38,400Monthly totals: AllCategories 72,300 72,300 93,800 95,300 95,900 103,800 104,300 104,300 114,200 115,800 125,000 127,500 1,224,500
  9. 9. Pro-Forma Income Statement Weaving Dreams, Inc. For 2013 through 2016REVENUE 2013 2014 2015 2016Gross sales PHP 1,224,500 PHP 1,297,970 PHP 1,427,767 PHP 1,570,544Net Sales PHP 1,224,500 PHP 1,297,970 PHP 1,427,767 PHP 1,570,544COST OF SALESBeginning inventory PHP 0 PHP 0 PHP 0 PHP 0 Plus goods purchased / manufactured 908,215 953,626 1,001,307 1,051,372Total Goods Available PHP 908,215 PHP 953,626 PHP 1,001,307 PHP 1,051,372 Less ending inventory 119,815 125,806 132,096 138,701Total Cost of Goods Sold PHP 788,400 PHP 827,820 PHP 869,211 PHP 912,672Gross Profit (Loss) PHP 436,100 PHP 470,150 PHP 558,556 PHP 657,872OPERATING EXPENSESSelling Salaries and wages PHP 72,000 PHP 75,600 PHP 79,380 PHP 83,349 Advertising 24,490 25,715 27,000 28,350 PHP 96,490 PHP 101,315 PHP 106,380 PHP 111,699Total Selling ExpensesGeneral/Administrative Salaries and wages PHP 240,000 PHP 252,000 PHP 264,600 PHP 277,830 Utilities 15,000 15,750 16,538 17,364 Office supplies 6,000 6,300 6,615 6,946 Furniture & equipment 15,000 15,750 16,538 17,364 PHP 276,000 PHP 289,800 PHP 304,290 PHP 319,505 PHP 372,490 PHP 391,115 PHP 410,670 PHP 431,204Net Income PHP 63,610 PHP 79,036 PHP 147,886 PHP 226,668
  10. 10. Pro-Forma Balance Sheet Weaving Dreams, Inc. For 2013 to 2016ASSETS 2013 2014 2015 2016Current AssetsCash PHP 62,184 PHP 126,234 PHP 202,851 PHP 215,022Net accounts receivable 16,852 21,652 23,817 20,652Inventory 119,815 125,806 132,096 138,701 Total Current Assets PHP 198,851 PHP 273,692 PHP 358,764 PHP 374,375Fixed AssetsLong-term investments PHP 0 PHP 0 PHP 0 PHP 0Land 0 60,000Buildings (net of depreciation) 0 54,000Plant & equipment (net) 0 60,000Furniture & fixtures (net) 15,000 15,750 16,538 17,364 Total Net Fixed Assets PHP 15,000 PHP 15,750 PHP 76,538 PHP 131,364TOTAL ASSETS PHP 213,851 PHP 289,442 PHP 435,302 PHP 505,740LIABILITIESCurrent LiabilitiesAccounts payable PHP 78,840 PHP 82,782 PHP 86,921 PHP 91,267Short-term notesCurrent portion of long-term notesAccruals & other payables Total Current Liabilities PHP 78,840 PHP 82,782 PHP 86,921 PHP 91,267SHAREHOLDERS EQUITYCapital stock PHP 68,265 PHP 72,361 PHP 76,703 PHP 81,305Retained earnings 66,746 134,299 271,678 333,168 Total Shareholders Equity PHP 135,011 PHP 206,660 PHP 348,381 PHP 414,472TOTAL LIABILITIES & EQUITY PHP 213,851 PHP 289,442 PHP 435,302 PHP 505,740
  11. 11. Thank you!

×