Business Plans in the Philippines

20 Aug
sari sari PhilippinesMany foreigners get this so wrong. They are so happy to meet a beautiful Filipina girl that they let business common sense fall from their brains. As most of these plans are just not thought out at all, and also  it is normally aimed at a starting up a street eatery of the inevitable Sari Sari store.

Many foreigners get this so wrong. They are so happy to meet a beautiful Filipina girl that they let business common sense fall from their brains. As most of these plans are just not thought out at all, and also it is normally aimed at a starting up a street eatery of the inevitable Sari Sari store.

Many foreigners get this so wrong. They are so happy to meet a beautiful Filipina girl that they let business common sense fall from their brains. As most of these plans are just not thought out at all, and also  it is normally aimed at a starting up a street eatery of the inevitable Sari Sari store.

When starting a business you may think that  all you have to do is buy the products for the store, but in the Philippines there is so much paperwork to be signed and monies to be paid to many hands that it can be a real chore for a foreigner to understand and cope with. Permits in some regions for a sari sari store often cost thousands of pesos to purchase. The time-consuming factor for attaining such a permit is mind-boggling to comprehend. Once the permits and location are chosen then it’s off to purchase many products and items like freezers and stands. There is VERY little credit here- so it is cash out of the pocket upfront.

sari sari PhilippinesMany foreigners get this so wrong. They are so happy to meet a beautiful Filipina girl that they let business common sense fall from their brains. As most of these plans are just not thought out at all, and also  it is normally aimed at a starting up a street eatery of the inevitable Sari Sari store.

. As most of these plans are just not thought out at all, and also it is normally aimed at a starting up a street eatery of the inevitable Sari Sari store.

Remember  many items which are sold in a sari-sari store are often a few  only a pesos or two profit. As soon as a product is damaged, or borrowed or stolen there is soon a downhill crash and the business is lost in weeks or a couple of months. Take into account that in the Philippines that of someone neighbour thinks you are making money they will set up a Sari Sari store next to you. No one considers that you are also taking business away from yourself that is just the way it is here.

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