How to Start a Rice Retailing Business (Bigasan)?

Rice is the most basic need of Filipinos. It is the food we take in three times a day in order for us to survive. Beside of it, there are other foods as an alternative but still, rice is the best because it contains more nutrition.

Our country is one of the biggest producers of rice in Asia since farming is the most prevalent livelihood of our co-Filipinos. This product is very in demand to everybody, hence it is really a very good business to operate.

If you sense that you are handy to open a rice dealership business then open up your mind to the following tips below for you to follow.

FOR THE LEGAL REQUIREMENTS

The first and foremost thing to do is to register your business with the following agencies.
*For proprietor – Department of Trade and Industry
*For partnerships and corporations – Securities and Exchange Commission
*For cooperative members – Cooperative Union of the Philippines
The next step is to obtain a license from the National Food Authority (NFA) and after it, you are now ready to open a store.

LOCATION AND STORAGE

Location is very much important to consider. If your intent is to put up a rice dealership in your own barangay then it is better, this is also to avoid too much competition.  In order also to have a much bigger income, you may put-up you’re your store in public market or another populous area.
You should consider a good storage to keep away from Bol weevil (buk-bok) and from any unexpected calamities like a flood that cause damage or trouble to your operation.

EQUIPMENT AND SUPPLIES

Your store must be organized and clean so you need several rice boxes for your storage. In addition, you also need a big scooper and weighing scale, a push cart for easier flow of transport and sando bags with different sizes.

BE A RICE EXPERT

As a handler of this business, you should familiarize yourself with the different variety of rice including their prices. This will help you whether sell it with a kilo or per sack. Always remember that your supplier should be trusted into delegating a quality service.

OFW Tips: Mga Dapat Gawin Pagkatapos ng Contract sa Abroad

For our Filipino Overseas Workers abroad, hardworking for more than a year has an ending process. Everyone deserves to have a complete rest from tiredness of working and exhausting problems in life. We need to work for us to survive but we also need to stop from working when we know it’s over.



Well, OFWs may stop from their labors if they retire or their contract would end. But if that might happen, what happens next to their future and their family?

Here are some tips you can follow if you want to stay in the Philippines for good when it happens. Always be in mind that a comfortable life is not that easy if we won’t be clever.

1. Pay all your existing debts.

It is normal for OFWs and their family to be engaged in a big amount of debt, especially for those newbie ones. They may apply for loans in order to pay their placement fee before going abroad but as much as possible, before or after going back to the Philippines, payback them all to avoid a big interest in the end.

2. Save money.

After paying all the debts you had, it is now also the time to save money. Saving is so much important because you don’t know the future might be so if possible put in the bank at least 20% of your salary and do not use it unless it is really an emergency.

3. Live within your means.

Try to control your splendor or any extravagance. You should have to limit spending too much. We know that Filipino are sometimes fun of collections and buying everything they want but you can’t be one of them if you just only know how to resist.

4. Start a business as soon as possible.

Even while you are still working outside the country, you can do it so. Think of a business to put up and let your family manage it in your absent until you decide to stay in the Philippines.

Be a manager of your decisions. Bring effort to do what are necessary to help your lifestyle be better after working for many years. Think more than twice and wise.
 
source: Businessnews

How to Francise a Generika Drugstore in the Philippines?

Health is considered to be our wealth. When we got sick, the physicians advised us to take medicines. How these medicines important to us, they prolong our lives. So, if you are thinking of business which is in demand to people, start franchising now your Generika Drugstore.

We all know that Generika Drugstore is offering cheaper but recognized medicines as an alternative to branded drugs. Mostly, people are looking for medicine which only suits to their budget that is why they prefer to purchase in Generika Drugstore where they save much more compared to another drugstore.

In the Year 2003, it is when the Generika Drugstore was established to offer affordable medicines in the Philippines. It is the joint venture of Alexandra and Julien Bello family together with Rosalinda Ferrer that founded the brand back in September 2003 to address the problem of expensive medicines in the country. Basically, this company wants to promote the use of Generic drugs so this was the reason they called the establishment as the “Generika Drugstore”.

Way back 2004, it was then the first Generika outlet was opened in Muntinlupa City. The pharmacy got a high demand to the people and successful acceptance in the market that leads them to not only stick in selling generic medicines but also opened a room to offer branded medicine, medicinal supplies, galenicals and other consumer goods.

It was in the year 2008 when the Generika Drugstore begun to offer franchising to the public. Anyone could apply now and be one of the owners of this pharmacy.



The Generika Drugstore completely offers the following:

• Brander Medicines
• Generic Medicines
• Alternative Medicines
• Medical Supplies
• Consumer Goods
• Cellphone Load
• Libreng Konsulta (free consultation)
• Mobile Laboratory Test such as Free Blood Pressure, Blood Typing, etc.

In franchising Generika Drugstore, your total investment will cost Php 900k to Php 1.2 Million. This amount would pay your franchise package and its content that will depend according to the type of drugstore you chose. The franchise contract is good for five years and can be renewed.

Investment inclusive of the following:

• Store renovation
• Furniture and fixtures
• Business permits
• Security deposit to commissary
• Computers, software, POS system
• Initial inventory
• Pharma, operations and marketing supplies
• Working capital

Responsibilities of the franchise applicant, under the guidance of Generika Drugstore:

• Hiring of store renovation contractor
• Hiring of staff
• Securing business permits

If you wish to apply for Generika Drugstore Franchising, you can contact them using customerservice@generika.com.ph or via their website, http://www.generika.com.ph

source: Business News Philippines

5 Business with Php20,000 Capital in the Philippines

In putting up a business, the very first thing to consider is a capital last. If you wish to set up a business with a big profit, of course, you should invest also a big amount of money. But nowadays, entrepreneurs does no longer need hundreds of thousand, your Php 20,000 is enough to build up a small business that could produce a high income.

Here are some of the quick business your 20,000 pesos could take you:

Owning a sari-sari store 

Operating a sari-sari store is very common in Philippines. This is because anyone could put up a business like this. All just you need  is a small investment to buy those typical products or goods needed by the public and resell it to your store. It is not then necessary to lease any space because the front part of your house can be your selling area.

Online Retail Business 

Online Market/Selling is the trending way of business today. This kind of business is so much easy and flexible because sellers only need to post their items in the different social websites and mobile applications in order for the viewers to choose and order their products and services. Facebook, Lazada, Shoppee, and OLX are just some of those websites. All you need to do is to have an active account of the different online selling websites for you to monitor the queries of your viewers.

Photo Booth Services 

The Photo Booth Services or the taking of photographs and afterward develop/print it at the same time is a rare business in the Philippines but you can earn a high profit on it. In every occasion like wedding, birthdays, graduation day and many more, this business has a high demand. What you just need to prepare is your printer, a DSLR camera, screen monitor, your shop/booth and some other props that could help you in your business. The said equipment cost more than Php 20,000 on its actual price but in order for you to save money, you can buy the second-hand equipment or purchase it as a complete package to minimize spending too much.

Home-based food Business 

Filipinos are really fun of eating so let's divert your business in cooking different meriendas and menu. Try to promote the street foods like kuek-Kuek, fish ball, balot, barbecue and home made halo-halo. This is really awesome specially in large cities. You can also cool Adobo, fried chicken as the favorite viands of Pinoys and selling it to the public. You can put up your own minimize restaurant in front of your house.

Party Needs Business 

For this days, different parties in the Philippines are getting glamorous than before. By the use of creative stuffs, yummy delicacies, sweet cakes, and chocolate, as well as entertainers like clowns, a party can be more elegant. You should just be wise and impressive in organizing an event so that there will be another next time between you and your customer.

source: Business news

How To Start A Lugaw Business In The Philippines?

"Lugaw" which is a popular mirienda for all seasons is very known to every Filipinos because of its simply but very delicious taste.  This type of food is so easy to prepare and only requires rice,  water and salt.  But never estimate the Lugaw power because whenever you upgraded its recipe, by simply adding some pork,  chicken or onion flakes,  you can now start your own business by selling it to the public.

Its easy to make profit as long as you are sincere to start it. Lugaw's recipe is too simple and easy so in order to establish your small "Lugawan", all you need is a capital of only 10,000 pesos.

  Here are the simple procedures to build your own fast food of Lugawan.

1. First and foremost, you should study and make your unique recipe.

 We know that lugaw is a common food to everybody, its recipes are so easy to produce but try to think of another version of your lugaw that could attract your customers. You could ask your mom, grandmom,  friends and relatives if they had their special piece of recipe and procedures on how to cook lugaw.  Their version might be what you are looking for in order your business to prosper.

You can also search the web for the different styles of cooking lugaw.  You might get additional ideas.

 2. Choose the best site of your location 

If the location of your house is visible and accessible to many people, you can use it as the venue for your business. Your relatives, neighbors, and friends will be your first customers.

You can also put up your lugawan in the places where people would usually go like parks, schools,  markets and if you afford to occupy a booth or stole in mall,  you could do so.

3. Lastly,  acquire your business registration and other legal matters 

 In every business, whether big or small, it is important for the owner to get first the permit from your municipality or barangay and other legal matters that are needed to pay.  Since you are to handle food, health and sanitation permit is also required.



All these are what you need to start your lugaw business.
Always remember that being a businessman, you should be wise and vigilant in handling your business to attain the best service you will give to your customers. Wear your sweetest smile all the time.

source: Home Business Ideas In Philippines