The project was about the production and marketing of tomato-coconut milk shop that would promote skin health awareness. With the uniqueness of the project, it would give protection against ultraviolet rays from the sun. Moreover, the project is similar to those studies that try to find means to prevent or lessen skin related problems. Bath soap is considered as a commodity, thus, this project would have a substantial demand which signifies to its profitability.
The project’s long range-objective was to increase the profitability of the proposed product, LyCo soap, in the selected market and make it available nationwide.
The study evaluated the marketing, technical, organizational management, financial, socio-economic, and environmental feasibility of producing tomato-coconut milk soap in the selected places in Laguna to arrive with its feasibility criteria.
In terms of its financial feasibility, the project cost for the first year of operation is Php 5,543,637.00. The amount would be equally divided and would be funded by its owners. The payback period for the project is 2.59 years and the internal rate of return is 42.69%. The accounting rate of return is 73.12%; this signals profitability for the project.