Starting a small meat shop business in the Philippines can be a rewarding venture, especially if you’re passionate about meat and you understand the local market. If you are an aspiring entrepreneur or a business owner, you may consider exploring a small meat shop business.
Well, admittedly, meat is an essential ingredient in many Filipino dishes, therefore, meat products will always be in demand, hence, a very sought-after business in many communities as residents wouldn’t have to travel to the market or mall to buy fresh cuts of meat.
Truth be told, profit potential sounds enticing to the ears but you must first understand that starting a small meat shop also comes with its fair share of challenges. In this article ,we are going to guide you through the essential steps in establishing your small meat shop.
Before you even think about building your small meat shop, you need a solid plan. This includes:
Step 1: Market Research
What kind of meat do people in your area buy most? Pork? Chicken? Beef? Are there any unique preferences? Visiting existing meat shops and talking to customers will give you valuable insights. Consider the competition- are there already many meat shops nearby? What makes them successful (or not)?