Amigo’s Veganisa: A Feasibility Study

As consumers become more conscious of their health and food choices, the demand for cleaner, plant-based alternatives continues to rise. Amigo’s Veganisa responds to this market shift by offering tofu longganisa, providing a nutritious option that supports healthier eating habits while reducing reliance on traditional meat products. This feasibility study evaluates the project across technical, market, organizational, management, socio-economic, and financial aspects to determine its overall viability. The project supports key Sustainable Development Goals, particularly SDG #3 (Good Health and Well-being), SDG #12 (Responsible Consumption and Production), SDG #13 (Climate Action), and SDG #17 (Partnerships for the Goals). With an initial capital requirement of P460,000.00, the business shows promising financial performance. Projected annual net incomes are P749,463.79 for 2027, P783,445.00 for 2028, and P819,208.20 for 2029. Cash positions are expected to grow steadily, reaching P677,289.89, P1,019,258.44, and P1,197,138.69 over the same periods. Financial indicators demonstrate strong profitability and stability. The Net Profit Ratio remains consistently high at 34.90%, 34.97%, and 35.04%, while the Current Ratios of 22.61, 31.09, and 33.47 reflect excellent liquidity. The project also yields substantial returns to the owner, with Return on Equity (ROE) values of 95.58% in 2027, 76.67% in 2028, and 73.34% in 2029. Based on the projected income, the payback period is estimated at 0.61 years, indicating that the initial investment can be recovered in less than one year. Overall, the study's results show that Amigo’s Veganisa is financially sound and operationally feasible; therefore, it is recommended for implementation.