Piso and Beyond! - How To Succeed in Your Sari-Sari Store
Piso and Beyond! - How To Succeed in Your Sari-Sari Store
Piso and Beyond! - How To Succeed in Your Sari-Sari Store
There are quite a number of articles out there on how to put up a Sari-sari store, but I haven't
found one yet that actually contains practical and applicable know-hows on how to manage
the business itself.
I've been a customer, a “taga-bantay” (seller) and now, an owner myself. I've seen our store
close, re-open, close and then re-open again, just to see it close again!
But don't worry, I was not in-charged yet during all those closing times of the store. There
are a lot of factors that can make or break the business especially since a Sari-sari store
requires discipline, attention and focus.
Allow me to share with you the most practical tips that can help you become successful in
running a Sari-sari store so you won't find yourself having trouble taking this kind of
business.
It's not yours
Most owners would want to put up a sari-sari store for various reasons. Most often than not
though, it's about taking some nice profit while providing the daily needs of the family. Way
wrong reason I say. Why? Because in a matter of months, a once full-blooming store will
eventually start thinning and run dry because the capital has evaporated already!
There must be discipline involved! This is the best, yet the hardest strategy that can save the
business and make it prosper. You should consider the store as if it's not yours. Simply put,
if you want noodles, softdrinks or a biscuit, buy them with your own money!
Don't take a noodle or any of them for FREE! Pay what is due to the store so that there is no
loss in your capital.
Consuming goods will eventually shrink the business, no matter how huge your initial capital
is. I've seen it a number of times already! My niece and nephews would grind out every
snack they could, we'd even have our lunch for free, courtesy of canned goods from the
store. The result -- the store's capital shrunk little by little 'til we're left with little display in
the shelf, so few we have to close it. Ugh.
One good thing about owning your own sari-sari store is it that gives you convenience of not
having to force yourself on making credits or “utang” on other stores. But for the business to
survive and grow, you must consider that credit as if you owe it to another person and not to
yourself. You should pay that credit you owe to your own sari-sari store!
Apply the Rule of 10
Taking profits from a sari-sari store can make or break the business. So it's important to
have a definite plan on how you want to have your gains inside your pocket. Most owners
would simply keep a fixed amount from the daily sales, say 50 a day, which will they
consider as profit or “tubo”.
The only problem with this method is that during days when your sales are low, you still
either get 50 from the sales or skip saving.
But what if your store managed to sell only 300 for the day? You get 50 and that means
you're getting almost 17% of your total sales for the day! It is critical to remember that you
only gain a mere 1 to 5 peso on each item.
Taking more than what should only be your profit will lead to cutting down your initial
capital instead of making it bigger.
This could be simply solved using a computerized program such as POS (Point-of-Sales),
but putting a computer to work for a small store doesn't practically fit the equation. So what
you should do is to apply the rule of 10. Get the 10% of the total sales for the day as your
profit. Say, for the 300 day sale, you only get 30, instead of a fixed amount. For a sale of
1000, save 100, and so on. This will prevent you from getting money over the limit of what
should only be considered as profit.
Start a Price War
When I was a kid, there's this store in our neighborhood that sells overpriced goods with
uhm, head-scratching, finger-biting incredible price that we ended up calling it “Gintong Ani”
(Golden Harvest).
You see, your customers are not from another planet that does not know the actual price of
each item you sell because, they too, know the market where your supplies come from! So
do not overprice your goods!
Yes, you have to weigh how much you should price each item, especially those consuming
electricity such as softdrinks, but do not overprice!
Now if you happen to be the only store in a remote, isolated area, then kudos for putting up
one! And I couldn't agree more if you sell prices as high as the sample I've mentioned since
1. they simply won't have a choice as of that moment and 2. your transportation expenses
are expensive enough to make your prices expensive too. But if you are in a community with
competitors, then I suggest that you start a price war, but not to the extent of almost having
no profit at all!
Normally, you should pen 2 to 5 pesos for each item that are often sold such as softdrinks,
and 5 to 20 pesos for items that can stay on the shelf for a longer period such as liquors,
canned goods, and soap.
1. Cigarette
2. Beverages (Softdrinks, bottled juices, liquors and beers)
3. Toiletries (shampoo, toothpaste, bath soap, dish-washing liquid, bar soap, detergents)
4. Canned Goods
5. Noodles
6. Cooking aids (frying oil, soy sauce, vinegar, powder mixes, ketchup, sugar, salt)
7. Produce (eggs, onions, tomatoes, garlic, fresh bread)
8. Sachet powders (juices, coffee, milk, tea)
9. Snacks or what we refer to as “chichirya”
However, you should first consider the customer's position. If this customer happens to be
in your neighborhood, then there's a possibility that he'd come back to look for that same
product, so you might want to consider adding that product to your shelf.
But if it's a customer-by-chance, it may depend on the product itself. Is this product
seasonal such as candlestick? Or will it be sold in the market based on its marketability and
purpose such as wax or mosquito repellant? If you're unsure, you can still buy these items if
you have extra cash and provided that these items can be put on the shelf for a longer
period without risking its quality.
Always Available
Your Sari-sari store can't be a one-stop-shop, more so when it has just started. But when the
product being asked by your customer is currently unavailable, say “ubos na” (out-of-stock)
and not “wala” (nothing) so that your customers will be brain-washed that the item they
were looking for is just currently out-of-stock but that you actually sell them, even if you
actually don't.
Of course, you should ensure that you buy these items so that the next time they look for
such and turns to your store, they won't be pissed off from hearing the same “ubos na” line.
Preserve Product Quality
In order for you to establish loyalty among your customers and get them as your suki (loyal
and recurring customer), you should safeguard your products' quality as well. You should
monitor your goods (at least once a week) to see if there are any products that should be
discarded from the shelf such as when a “chichirya” lost its crispness.
This will keep you from selling such items to your customers only to see them give it back
to you asking for a refund because of the bad quality of the product you sold. Below are the
basic things you need to consider:
avoid placing products such as noodles and snacks or “chichirya” from direct
sunlight to preserve crispness and good quality
use anti-insect chalk to repel ants, especially near candies and sugar
if you sell tomatoes, keep them refrigerated or immediately remove rotten ones
wipe-off dust from softdrinks bottles with a clean cloth before putting them on
refrigerator to avoid rusting on caps
if you're using stapler or thumbtacks to display noodles and other products in
sachet such as coffee, juice powders or milk, make sure you're not hitting the
seal above the pack. Even a tiny hole caused by thumbtacks will allow air to
penetrate the item, thus making powders to become hard over time. And, ants
will notice this before you do!
Pack that!
If you have time, and a bigger capital, you might want to consider packaging your own
goods. The return on investment when you do the packaging yourself is around 20 to 30%
greater than when you just buy the already packed item such as sugar. What will you need?
Oh, just a small weighing scale (one-time investment) and a pack of plastic that you will use
to re-pack your goods.
The type of plastic will depend on the item you will repack, just be sure to check the quality
of the plastic so it will not spoil the look and quality of your packaging. For small goods
such as garlic and pepper, there are small plastic containers that you can buy. Of course,
since you'll be doing the re-packing, you need to buy products in larger volume, say, 1 sack
of sugar.
Typically, if you buy 1/4 sugar in the market, priced at 11, you only profit around 2 to 3
pesos, depending on your pricing. But if you buy at least a half sack of sugar, you'll learn that
by re-packing on your own, you're only buying that same 1/4 pack of sugar at around 8 to 9
pesos, instead of 11. So selling at the same rate you normally would, that means you will
now earn 5 to 6 pesos per pack!
But that's not all, you can also pack such goods into smaller grams, you just have to do
some math to make sure your making better profits out of it. As for other items such as
garlic and laurel leaves, you just do it by no. of piece/s whereas for pepper and the like, you
either use a smaller scale that measure grams or you do it manually via spoon.
Here are some of the items that can be re-packed:
sugar
salt
pepper (paminta)
garlic (bawang)
tawas
tina
chlorine
atsuete
flour
Stars for Some Seasons
During summer or hot months, you should invest more on buying beverages and beers. It
would be better to not just limit this with softdrinks, rather, include bottled juices such as C2,
Gatorade, Zesto, Yakult and other popular products out there. This is to have a wider range
of selection for your thirsty customers.
On school and rainy season, expect a dip from sales on drinks because of the cold weather.
You can now shift some money on canned goods and noodles since people would have less
interest going into the market and choose to have convenience at their neighbor store. You
may also consider adding items such as candles, match, charcoal and mosquito repellants.
Soaps and most toiletries such as shampoo and toothpaste and cooking aids such as
vinegar and oil are always in demand and does not come in season.
Say “NO!” to Credits, Please!
Credit won't do any good to your business, particularly in a sari-sari store. Whenever an item
is sold, you should be able to replace it the next time you go to the grocery.
However, if many or some of the goods were sold in credit, you will not have enough money
since you were not paid in cash. Hence, you need to bring out extra cash in order to fill in
this void. Otherwise, you will not be able to buy these items.
But what if these are frequently-sold items from your store, such as softdrinks and canned
goods? You will miss the selling opportunity! Credit makes it hard for you and others.
Alas, it's your call. If you're confident enough in the credibility of your borrower, then it's OK.
This will test your customer's loyalty to you, though. At least be hopeful not to have this type
of customer that buys in cash from another store and makes credit with yours. Aw! One way
to avoid these is to actually post a signboard like most store owners do. This is to
emphasize that you need cash to sustain the business and credit won't do any good for you.
Or you may also allow credits, but limit it to a certain amount per person, say a maximum of
P500 credit line each. Again, this is on a case-to-case basis.
Can stacking
In stacking cans and other items, make sure to put older stocks in the upper stack and the
newly bought items are in the lower position of the stack so that they don't stay that long in
the shelf.
This is a common practice even in large supermarkets, where they place the newly delivered
goods in the bottom of the shelf so that the buyers will pick-up the ones from the top of the
stack or shelf.
Put Deposits on Bottles
Many times, a customer will buy softdrinks or a case of beer without bringing empty bottles
as replacement. You need to make sure that you put deposits for these bottles, especially if
you don't personally know the customer. Because small bottles cost 2 pesos each, while
bigger ones cost as much as 5 pesos! You need to put deposit so that the customer will be
eager to give you back the bottle in exchange of claiming his deposit.
But what if the customer only has the exact money to pay for the price of the softdrinks or
beer? This will depend on you. If you personally know the customer, then sell, and just write
down his name on a notebook so as not to forget. But if not, I'd say NOT sell, even if he's
buying a dozen! Because the expense of the bottles will be greater than your profit! This
happens only, of course, when you don't have plastic and straw nor your customer wants it
in there.
Don't Lose Your Customers
Of course, your customers' patronage will help keep your business thrive. So you should
always treat your customers nice. One way is to not let them wait. You see, in our place,
there are times when you have to shout out loud before someone from that store can hear
you. So most of the time, the customer ends up walking out of the store and finding another
one because of the dismay and disgust of shouting before he is served.
If you can't have someone to stay at your store, especially if your store is meters away from
your house, consider installing a doorbell. Doorbells are not that expensive nowadays that
you can actually buy from 99 (wired) to 350 (wireless) pesos only.
Say “Thank You!”
Oh, did I forgot to mention “Thank you”?? Man, you have to say those words, even if you
don't feel saying them at times because of a rude customer.
Always thank a customer for buying, even if that customer is just a kid who barely shouts
“pagbilaaaaaaaaaaaan...!!!!” for a candy.
One More Thing
Did you know that there are 8 Sari-sari Store Designs and Concepts? Click here to know
more!
Are you planning to put-up your own store soon? Receive cool updates like this
when you subscribe to PisoandBeyond!
207 comments:
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Jeffrey Reyes May 18, 2014
Hi Cecille! Thank you so much ^_^
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MyRuth1974 June 20, 2014
pano din po pala ang tamang pag iimbentaryo ng mga produkto.....thanks again..
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Salamat Po!
I'm glad to be of help to people like you. And congrats for leaving the corporate world
to become a full-time entrepreneur!
May I suggest a book? It's a simple and easy to understand book and it's a very light
one, less than 50 pages I think. The book is "Small Store Marketing" written by Chiqui
Escareal-Go and it will only cost you 85Php (from National Bookstore). It will teach you
how to deal with your customers, competitors and further grow your business -- in the
Philippine setting.
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Your welcome! I'm glad to be of help to you. Thanks for visiting my blog and goodluck
to your sari-sari store! Cheers! ^_^
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Mas maganda po if you can manage both stores para on weekends at bakasyon meron
pa rin kayo source of income kahit papano dun sa small store nyo sa bahay since ang
school is open lang naman ng weekdays (schooldays) at obviously eh un ang target
customers nyo: mga students at parents. OK lang naman magrent basta po i-compute
nyo muna mabuti kung malaki ang NET PROFIT nyo (meaning, yung tubo sa isang
buwan less ang bayad sa renta). Malaking market ang school lalo kung public school
yan pero isa sa kailangan nyo din i-consider ay mas marami ang competitors sa paligid
at meron ding canteen sa loob ng school.
Regarding naman sa kung papano nyo makukuha ulit mga dating customers nyo, that
may already be a long shot, but not impossible. Remember na kahit mas mdami 'yung
tinda nila, hindi pa rin nila kaya i-offer lahat. Try to look kung ano wala sa kanila like e-
load, then you provide it. Or pwede kayo magbaba ng presyo pero para magawa nyo
yun kailangan nyo bumili in bulk para makamura kayo sa palengke. Pero since concern
nyo is maliit lang ang place at starting capital, pag-isipan nyo po muna mabuti 'yung
possibility ng pag-rent sa school since 'yun ang mas profitable sa case nyo. Good Luck!
^_^
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Thanks po.
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Normally, para sa canned goods at sabon, 5 peso na tubo is good and reasonable
enough. For powdered products such as 3-in-1 coffee at mga noodles, 2 to 3 pesos per
sachet na tubo OK na since ang kikitain mo naman ay per sachet. OK lang mas malaki
ang tubo sa canned goods at sabon kasi mas matagal ang shelf life or expiration date
nila di tulad ng mga powders at noodles kaya kailangan mabilis mabenta at wag
matulog sa istante.
Remember na kaya uso ang tingi dito sa 'tin sa Pinas ay dahil sa gusto ng tao
makamura, kaya wag naman masyado mahal ang benta pag tingi ^_^
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Assess your would-be competitors in the neighborhood first. Are they selling the
complete items for the basic needs? If YES, then it's no longer advisable to enter this
saturated market. Una, established na sila since nauna po sila sa'yo so in terms of
"kumare" factor, they'll certainly beat you. Pero kung maliit lang naman tindahan nila,
then you can still open a store but start with the basic items to sell first before you
decide to go BIG.
Definitely may bibili pa rin naman sayo lalo na sa una. It's in our nature to check-out
new stores, di ba? Question is will they come back to your store? People will compare
your price, service and availability or completeness of products you sell against your
competitors.
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Jeffrey Reyes August 05, 2014
Salamat din po sa pagbabasa ^_^
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First, you need to have contacts with the suppliers. And you should make them say
"Yes" to go to your store and drop the goods. Otherwise, ikaw mismo ang kailangan
pumunta sa palengke o kung san man sila nagbabagsak ng products. In that case, you
will need a delivery vehicle.
Regarding the capital for whole sale store, it will depend on what items you plan to sell.
If it's grocery type then you need a bigger money to invest around 300K. What you can
try to do is set-up your store like a regular sari-sari store (bigger) then get products in
whole sale. This will allow you to sell your products cheaper. Kasi mas mura ang bili
mo pag whole sale.
Thanks! ^_^
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I really appreciate that you are writing a blog that is so helpful to those people who are into or still
planning a sari-sari store. My husband just recently opened his sari-sari store but not within our
house area but he rented a commercial building w/ a 3k rent per month. I was the one who gave
the capital to him but he made it clear that he'll be the one to manage the store and I should not
interfere whatever his 'diskarte' is. The mark up he puts in almost all items is around 2 pesos or
less. Even those items that can stay longer in the shelves like soaps, zonrox, diaper etc are
marked up by 2php only. The soft drinks are only marked up around 3 to 10 php (maximum). I am
really worried if the store can survive considering he is renting and that excludes electricity bill
and water bill. Not to count the gasoline expenses of buying those goods. These are the ff:
reasons he gave me of having a very low add on 1. He want to establish a name that he is selling
cheaper goods than the rest of the competitors within that area' so that customers will keep
coming to the store. 2. He can establish or build a relationship with the customers. 3. The lesser
add ons the more sales.
But do you think the sari-sari store he put up will survive? Thanks! - Ann
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I'll assume that the place where the store is located has a good amount of foot traffic
(i.e near school, office, market)? Honestly, 3K worth of rental not including the bills you
mentioned will be a tall task for your husband, especially since he decided to put
cheaper cost on his products.
Remember why buying the same item in a mall is more expensive than buying it on a
local market stall? It's because these store owners in malls pay higher dues than those
located in cheaper stalls!
Your husband's reasons are actually good and realistic. Because product movement is
what will keep the business alive. And that can be attained by his decision to keep the
mark-up cost of the goods to a minimum.
Now here's the problem: his competitors can simply duplicate his strategy since "price
war" is one of the most basic things you can do to outlast your competitor. What if his
competitors decided to lower their prices too and yet, his competitors weren't renting
(because their stores are located in front of their house)? If that happens, your husband
can no longer hold onto his strategy. People would simply go to where their money has
more value, (sometimes) regardless of the relationship" established between him and
the store owner. That's one of the problem that your husband may encounter here.
But given proper manning, inventory and good service to his patrons, I'm sure he won't
lose customers. The only question is this: will he be able to profit more than at least
5,000 pesos? Because if the profit is just enough to pay the rental and other utility bills,
then maybe he should consider using the rented space to do another business.
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Anonymous September 11, 2014
Hi Jeffrey,
Thank you for your comments and inputs. I really appreciate them.
About the location, that's another issue since it's not strategic either. The feel of the location is
like you are living in a province so the place has very low foot traffic. The location of the building
is beside a low-mid class subdivision and most of the customers are from the subdivision. And it
was also confirmed that another tenant will be selling sari-sari products in the same commercial
building we are renting. So it adds my worries again. And as for the profit, the lowest gross sales
of the store is 170php:-( and the highest is around 1k + php (though I understand since he just
operated it 2 weeks ago) But my husband is very passionate in his sari-sari store. I know he has
the right attitude of being passionate and positive about it. But yes, I think with proper manning,
real time inventory, good service would help the store to survive.
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Dalawa po ang pwede n'yong gawin base sa situation n'yo at ng 3rd store n'yo:
First, hayaan n'yo lang po ang mga competitors n'yo since "it's a business", and as long
as wala naman kayo ginagawa other than offer items in cheaper cost, wala naman
problem 'don. But this might give them the impression na you're into unfair trade
practice nga lang at makaroon kayo ng bad image sa community n'yo.
Second, since you're into wholesale/retail sales, pwede po siguro kausapin n'yo ang
mga katabing tindhan sa area n'yo na kayo na ang mag-supply sa kanila ng mga
produkto kung saan "wholesaler" kayo. Bibigyan n'yo sila ng discount sa presyo. Pero
pag "ordinary customer" ang namimili (meaning 'yung walang tindahan), ibenta n'yo sa
presyong kagaya ng mga katabing tindahan n'yo. Kung suki n'yo ang bibili, mas malaki
ang kita (tubo) at hindi pa mgagalit ang mga katabing tindahan. Kung hindi naman sa
inyo bibili, ok pa rin kasi kayo naman ang supplier ng tindahan na binilhan nila.
Salamat po :)
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Thanks! Beth
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Btw, do you have some advice or something like this for people who are selling online??
Like people who are into online business (ie RTW).
- http://ayisharu.com
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I think you can only get them from either grocery or sa mismong distributor. These
distributors deliver in bulk purchases, but it depends sa lugar ninyo. Try asking 'yung
mga grocery stores sa palengke ninyo about their suppliers. The norm is that they
would only deliver sa mga malalaking stores (mostly public markets).
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Anonymous May 20, 2015
I LEARNED A LOT READING THIS. THANK MUCH:) - ARLENE
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Thanks for reading this article. Yes, just ask the distributor sa lugar ninyo sa Cebu if
they can cater your request. Just remember that if it's a coke fridge, then DO NOT put
Pepsi products or any other sodas other than Coke =) They would usually check if
mabenta ba sa store mo. Good Luck to your sari-sari store ^_^
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But you can maximize yung pwesto by offering also school supplies, frozen goods, etc.
para mas malaki nag maging kita ninyo. Good Luck! =)
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The current system (that I know of) is that for San Miguel (e.g. Pale Pilsen, Red Horse,
San Mig Light) they only have 1 distributor per area (or per city/municipality). So kung
meron na sa area nyo, you can only apply as a sub-distributor under the main
distributor. The same applies to PEPSI, COKE and Asia Brewery (Cobra, Tanduay Ice).
The only company now that allows multiple dealers on same area is RC Cola. If you
have more questions, just send me an email so I can help you further :)
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- Romeo
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grocery convenience
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Nagsetup po kc ako ng tindahan sa garahe namin for extra income kaso ng makita ng landlady
namin pinaaalis nya. Ang reason po nya is residential po ang aparment at di daw dapat for
business. Pero madami naman kami nakikitang kapareho namin na nagungupahan at
nagpapatayo ng sari-sari store.
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Honestly, I'm not the authorized person to ask in your situation since it's about
legalities. But from what I know, there are "laws" prohibiting tenants na magtayo ng
commercial establishments (i.e. sari-sari store) sa mga private residences like
subdivisions, apartments and condo units although normally, ang "by-laws" na ito ay
jurisdiction ng property developer/owner. It's like an agreement between the developer
and the tenant/unit owner. So same goes for you and the owner of the apartment.
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JD_Marron
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Salamat ^_^
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Maraming salamat po sa mga payo nyo dito susundin ko lahat ang mga sinabi nyo dto..
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Appreciated ko ang iyong mga advises. Lalo na ngayon ang ako ay magstart pa lang ng store dito
sa garahe namin. 3 sa mga points mo ang nagagawa ko na. Sarili naming ipon ang pinambili ng
mga goods, nagrerepack din ako at nagbabayad ako kapag may nakuha akong items sa mga
ititinda ko. Frozen goods, gulay at mga kailangan sapagluluto ang tinda ko. Di ako nagtatabi ng
maraming stocks kasi dapat fresh palagi at wala pa akong malaking freezer.
Any additional words of wisdom ay malaking tulong sa amin specially na starting pa lang kami.
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Rom
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Thanks for sharing your knowledge and learning. More of your blogs.
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That would clearly depend on the size of your store. A small one would average about
2,000 to 5,000 pesos per month while a mini-grocery type would give you an average of
5,000 to as high as 20,000 per month. Cheers! ^_^
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You really need na hanapin ang mga ahente sa una. Kung malaki na ang store mo at
nasa magandang location, sila naman mismo ang lalapit. Pero kung nagsisimula ka
palang, kailangan mo talagang hanapin sila. You can try na magpunta sa inyong
palengke at kunin ang contact sa mga kakilala mong may pwesto o kaya naman ay
abangan sila pag nag-papa-order o nagbababa ng mga produkto nila. Tandaan mo lang
na wholesale o maramihan ang usapan kung gusto mong sa ahente kumuha dahil may
required quota o volume para ka mabigyan ng discounts.
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tanong ko lng po,i hve sari sari store beside of my familys house,since maliit ung bahay
namin,nagpagawa po ako nang maliit na space sa gilid nang bahay,at may dalawaang unit po ako
nang peso net....ngayun po pinuntahan po ko nang zone leader at sabi nya mag fill up po ako
naang form detail na commercial buliding house po ung bahay nang paarents ko,sa kadahilanan
ung sari sari store nakabukod sa bahay,at my 2 units po akong peso net...so i argue to them,na
how come naging commercial building un?eh napakaliit laang nang tindahan ko po..at 2 units
lang pesonet ko..kita ko nga nang isang araw di umabot nang 2k....kasama nang kita nang
pesonet..ngayun po tanong ko..ano po ba ang tawag sa amin,commercial or residential house?
sana po mabigyan nyo po ako nang linaw...salamat
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Thanks as well for visiting my blog! Good luck to your future plans!
Cheers!
Regards,
Jeff
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Nagbebenta,
Jeff
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sir need ko po advice nyo, 3 mos pa po tong sari-sari store ko. nakakabenta ako 4k to 8K a day,
ngayon gusto namin ng misis ko na magresign kami at magfocus nalang dito sa sari-sari store
namin.. pls advice kong ok po yong desisyon namin na mag resign at mag fucos at palakihin pa
yong store namin? tnx Juny.
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I wish my answer would still be valid considering it's 2 months late. For me, the ideal
time to resign is when your store's income = your salary. Kung ang NETO ng kinikita ng
tindahan nyo ay singlaki na nang sahod nyong dalawa, why not? Pero kung hindi pa,
huwag muna. BAKIT? Saan nyo kukunin ang pang-araw-araw na gastusin? Sa kita ng
tindahan? :P
Best,
Jeff
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Anonymous November 21, 2016
Hi sir Jeff,
Thanks for sharing your ideas..it's really helpful! Ask ko lang po if ok lang magput up ng sari-sari
store na iba yung mag manage. kasi i'm still working here in manila tapos yung balak ko sa
province ako magput up ng sarisari store...thanks po.
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Honestly, this kind of plan is bound to fail 90% of the time. Who will manage the store?
Will you pay him/her? Is he trustworthy? Kung family member ang mag-manage at
wala din alam sa business, most likely little by little malulugi ang business. But of
course, there's still a probability na mag-succeed pa rin ang plano nyo. But that
depends on a lot of factors. So aral mabuti sa plan before marching on!
Best,
Jeff
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I hope you still find the reply useful (late na kasi). Anyway, focus on the needs of your
market: school supplies. Pwede din mag-add ng printing and photocopy services, plus
quick foods and merienda (same concept with 7/11 and Ministop.
Regards,
Jeff
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Anonymous February 13, 2017
Very encouraging ang blog na ito sir jeff esp for those employed mother like me..im planning to
put up a grocery po kasi this year. Im about to use may separation pay in a bank knce i resign
somewhere in june or july.magstart na rin kz magschool ung baby ko this coming school opening
and i find hard working at the same time need also to supervise my kids..sa negosyo ikaw na ang
amo nasa kamay mo pa nakasalalay ang asenso..all details in ur blog is 100% noted..thank u so
much for this very helpful tips.more blogs pleassseee.
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Apologies for the late response. Here's my personal take on managing your expenses:
Simply total your expected expenses for the month and divide it to the number of days
that your store is open, say:
4,000 / 30 = 133.33
So this means you need to save at least 135 pesos every day from the store sales so
you won't mind the expenses such as rent every month. Just monitor if this 135/day
won't hurt the store operational cashflow. Meaning, your store should at least generate
a NET Income of 200 pesos per day (MINIMUM).
Cheers!
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Flip Jork July 08, 2017
Most knitters work from home, allowing them to work flexible hours."
blog
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From the other wesbites that I checked, this is by far easy to understand & straight to points. It
gives you basic yet informative idea of the sari-sari store business. For that... Thank you!
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Iwasan ang lending as much as possible dahil dun lang mapupunta ang tubo mo sa
laki ng interest. Yes, mas maganda kung ihiwalay mo ang para sa e-load business mo
para masiguro mo rin na hindi mo nagagamit ang para sa tindahan o vice versa.
Good Luck!
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