Putting up a sari-sari store is a good business idea when you are living in a barangay or a village. Residents would sometimes run out of basic supplies such as oil, gas, sugar, and condiments like soy sauce and vinegar. Filipinos also love to spend siesta time on tiangges, buying softdrinks with matching chips or bread.
However, maintaining a sari-sari store is no different in managing a huge business. The owner must make sure that credits are minimized or better yet discouraged because customers may take for granted their responsibility to pay. If your store doesn’t have the luxury to have a flowy supply of products, it is safe not to allow credits.
Owners must also properly account their capital and profit in order for them to ascertain that their store is really earning an income.
One problem of sari-sari stores is that its supplies are sometimes consumed by the owners’ relatives especially when they have kids who just take whatever they want out of the store such as chips, softdrinks, and candies. With this predicament, owners must account what their relatives have consumed for free or better yet just provide them with separate snacks that don’t belong to the store.
Set rules to be strictly followed by relatives and consumers so that your store can profit well and grow into a big one. Every peso counts here so purchase products that are proven to be in demand to the buyers. One can also maximize products in groceries that are sold in sale or those with freebies which you can actually sell as well.
Owners must also properly account their capital and profit in order for them to ascertain that their store is really earning an income.
One problem of sari-sari stores is that its supplies are sometimes consumed by the owners’ relatives especially when they have kids who just take whatever they want out of the store such as chips, softdrinks, and candies. With this predicament, owners must account what their relatives have consumed for free or better yet just provide them with separate snacks that don’t belong to the store.
Set rules to be strictly followed by relatives and consumers so that your store can profit well and grow into a big one. Every peso counts here so purchase products that are proven to be in demand to the buyers. One can also maximize products in groceries that are sold in sale or those with freebies which you can actually sell as well.
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