Ph Distrubution

• Name of the Company
• Description of the Business (Nature, Form of Business, VMG of the Business)
• Capitalization of the Business including the Source of Capital
• Chart of Accounts
• Facilities
• Staffing Requirements with their functions and corresponding salaries
• Accounting Documents (Provide one sample each)
• Pre-operating Activities and Costs
•  Fixed Assets
• Journalize the pre activities, Post it and Prepare the Trial Balance
• Balance Sheet or Statement of Financial Position before opening the business.

Project Plan for PH Distributors

Prepared by: Mark Angelo Gregana

Business Name :   PH Distributors, Inc.

                                   (Professional Healthcare Distributors)

                                  Southern Mindanao Branch  Office

Office Location:   Davao City

Business Type:     Corporation

PH Distributors, Inc.

Company Background:

PH Distributors  specializes in marketing and distribution of healthcare products in the Visayas and Mindanao region. The company extends marketing services support, promotions and distribution of a growing portfolio of specialty pharmaceutical products  including vaccines, biologicals and hospital supplies, mostly from international manufacturers and many of which are leaders in their respective therapeutic areas.

PH Distributors is building a strong presence in the healthcare distribution sector by continuously seeking opportunities to provide access to quality and trusted products that will enhance the quality of human life and promote healthy living.  With the increasing modernization of the healthcare sector, evolving needs of key stakeholders and customers and the growing concern of quality delivery in the the Visayas and Mindanao region, it is necessary to customize the service offerings so they see the value and impact of these offerings in improving the quality of life of the patients.

PH Distributors  intends to keep growing as a medical services and  healthcare distribution company through the following:

1. Expand our portfolio of innovative products.
2. Develop competitive marketing approaches in our core market areas.
3. Establish a strong distribution network and experience.
4. Expand geographical & specialty coverage.

Mission:

To be the most preferred partner in distribution and marketing services in Visayas and Mindanao

Mission:

To provide access to quality and trusted products that will enhance the quality of human life and promote healthy living through smart distribution and marketing solutions.

Philosophy and Strategy

Our mission is to improve the quality of human life through smart and innovative distribution. In fulfilling our management philosophy, our fundamental goal is to establish trust and grow as a company that is recognized by its customers, business partners and society for its superior services, products, technologies and employees.

Local Presence with a Local Perspective.

We live and breathe the Philippine healthcare market.  

We have Industry in-depth understanding and expert knowledge is our core competitive advantage. We maintain strong professional relationships with local customers, the medical associations, key opinion leaders, hospitals and pharmacies and government regulators.

Business Presence

Your Preferred Partner in Visayas and Mindanao.

We strive for professional excellence and are committed to proficiency, reliability and flexibility in all aspects of our business. PH Distributors , Inc has  experienced sales team and a wide distribution network to ensure optimal marketing and distribution of our customers’ products. We always comply with local rules and regulations.

Capitalisation and Source of Funds

PH Distributors Vis-Min Initial Investment :    10 million pesos

PH Distributors South Mindanao Share :  2.5 million pesos

Funding Source: Individual contribution from incorporators

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CHART OF ACCOUNTS

A> Asset Accounts

• CASH  -  cash in bank, checking account balance, checks received from customers but not yet deposited
• ACCOUNTS RECEIVABLE -   amounts owed to the company for products sold or services performed but not yet paid
• INVENTORY
• EQUIPMENT
• ACCUMULATED DEPRECIATION –

B> LIABILITY ACCOUNTS

• Accounts Payable -  amount owerd to suppliers who provided goods and services to the company but did not require immediate payment in cash

C> Owner’s Equity Accounts

• Capital  - amount the owner invested in  the company (through cash or other assets) plus earnings of the company not withdrawn by the owner

D.  REVENUE ACCOUNTS

• Sales Revenue  -  amounts earned from providing services to clients, either for cash or on credit.

E. OPERATING EXPENSES ACCOUNTS

• Salaries Expense -  
• Supplies Expense
• Rent
• Utilities
• Communications
• Printing and Advertising
• Depreciation

FACILITIES

Southern Mindanao  Office located at : _____________________

The facility  is both a sales office and warehouse.

FIXED ASSETS

Delivery Car

BioRefrigerator