The Philippines is well-known for being fond of eating, grocery shopping, basically everything that revolves around food, and buying for households. This is one good reason why putting up a sari-sari store or a small grocery store business is one of the best businesses you can have if you are looking for a small-capital business. In this article, we are going to deliver few of the best pointers we can give you in starting up a mini-grocery store.
First and foremost, this article will just talk about the content of the grocery itself (not including the renovation, the rent/lease, personnel salary, and utility expenses). Please ensure that you take those things into consideration – this article will talk about just the things that you can sell if you decide to put up a mini-grocery.
Obviously, the capital will depend on how big your store is and the variety of the items you are planning to sell. Say you have a plan of using P200, 000. That would already be a pretty good amount considering selling things you usually see in convenience stores like 7-11 or Mini Stop. Take note that that amount of money is only for the items excluding renovation and business permits. If you would compute those as well, you will have a safe P300, 000.00 for it.
It is a must for you to buy in big bulks so that you can save as much as possible when you are going to restock items for your store. Buying in bulks can save you time, money, and effort in getting the things you will sell.