Abakada Company

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ABAKADA COMPANY

INTRODUCTION

BACKGROUND OF THE COMPANY

The Abakada Company appear as a small enterprise who buy and sell various food
products. After a few years the business begins to grow and added apparel and footwear to its
wares. On this stages, the business are able to operate through its proprietors capital and from
borrowing from banks time to time whenever it is needed.
After a few years of operation, the business found out that the company needed more funds
and hire more personnel for the growing marketing needs and services. The proprietor had options
whether to incorporate, hire more employees and offering ownership shares to other people outside
his family. But then he is having a hard time deciding which options he would take.

ALTERNATIVE SOLUTIONS

 There must be a person assigned to oversee their daily income.


 Find investors that are willing to invest in the company.

Explain: We rejected the first solution because finding investors is more important to help the
company increase the funds needed and expand it.

Explain: The first alternative is helpful but not possible because finding investors is very important
in the company to help gain profit.

PROPOSED SOLUTIONS

To solve their problem, they must find more investors to increase the funds they needed to
operate their business.

RECOMMENDATION

The company should find more investors so that they can gain more money and funds that
can help them in developing their production in making and selling goods and services. And also
to increase more profit.
RAGS2RICHES

INTRODUCTION

BACKGROUND OF THE COMPANY

Rags2Riches a retailer of goods that was made from upgraded materials. From the very
start, those who conceptualized Rag2Riches wants to help the women in Payatas to earn more.
Rags2Riches then entered the competition to direct the women in Payatas to the market.

When business grows big, proprietors considered expanding globally Rags2Riches


building as a brand featuring the renowned designers. The venture had become successful in 2010
and its capital grow by 400 percent. Due to the expansion of Rags2Riches it became engaged in
nearby communities and women and communities had become empowered and enriched. Aside
from Rags2Riches, it also helps to improve the livelihood outcome of the community, it also has
the positive impact on the market for they have the mission to empower the community.

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