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Tuesday, August 21, 2018

10 Simple Tips to Manage Your Sari-Sari Store to Make It Successful



Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.
Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.  If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.  1. Your Store Location!  This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighboorhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.  2.  Start Selling With Basic Items  When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments. Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.   3. Set out your price carefully  Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby.  With reasonable prices, your customer will be loyal to you and patronage your business in the long run.  4.  Treat the sari-sari store as if it is not yours  Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.  Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.  5.  Take only the profit  Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.  6. Maintain the quality of your products  Watch out if you are selling perishable goods or fresh products such as vegetable or meat.  Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.  Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.  7. Watch out for seasonal items  There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks,  ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.   Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days.   8. "Credit is good but we need cash"  If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.  9.  Develop a friendly attitude  In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.  10. Register your business  Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business!

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If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.

1. Your Store Location!

This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighborhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.
Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.  If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.  1. Your Store Location!  This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighboorhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.  2.  Start Selling With Basic Items  When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments. Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.   3. Set out your price carefully  Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby.  With reasonable prices, your customer will be loyal to you and patronage your business in the long run.  4.  Treat the sari-sari store as if it is not yours  Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.  Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.  5.  Take only the profit  Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.  6. Maintain the quality of your products  Watch out if you are selling perishable goods or fresh products such as vegetable or meat.  Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.  Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.  7. Watch out for seasonal items  There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks,  ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.   Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days.   8. "Credit is good but we need cash"  If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.  9.  Develop a friendly attitude  In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.  10. Register your business  Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business!
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2. Start Selling With Basic Items

When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments.

Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.
Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.  If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.  1. Your Store Location!  This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighboorhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.  2.  Start Selling With Basic Items  When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments. Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.   3. Set out your price carefully  Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby.  With reasonable prices, your customer will be loyal to you and patronage your business in the long run.  4.  Treat the sari-sari store as if it is not yours  Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.  Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.  5.  Take only the profit  Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.  6. Maintain the quality of your products  Watch out if you are selling perishable goods or fresh products such as vegetable or meat.  Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.  Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.  7. Watch out for seasonal items  There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks,  ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.   Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days.   8. "Credit is good but we need cash"  If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.  9.  Develop a friendly attitude  In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.  10. Register your business  Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business! 
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3. Set out your price carefully



Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby. With reasonable prices, your customer will be loyal to you and patronage your business in the long run.
Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.  If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.  1. Your Store Location!  This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighboorhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.  2.  Start Selling With Basic Items  When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments. Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.   3. Set out your price carefully  Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby.  With reasonable prices, your customer will be loyal to you and patronage your business in the long run.  4.  Treat the sari-sari store as if it is not yours  Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.  Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.  5.  Take only the profit  Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.  6. Maintain the quality of your products  Watch out if you are selling perishable goods or fresh products such as vegetable or meat.  Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.  Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.  7. Watch out for seasonal items  There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks,  ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.   Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days.   8. "Credit is good but we need cash"  If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.  9.  Develop a friendly attitude  In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.  10. Register your business  Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business!
4. Treat the sari-sari store as if it is not yours

Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.

Read: 5 Most Common Reasons Why OFWs' Business Fails

Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.
Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.  If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.  1. Your Store Location!  This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighboorhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.  2.  Start Selling With Basic Items  When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments. Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.   3. Set out your price carefully  Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby.  With reasonable prices, your customer will be loyal to you and patronage your business in the long run.  4.  Treat the sari-sari store as if it is not yours  Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.  Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.  5.  Take only the profit  Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.  6. Maintain the quality of your products  Watch out if you are selling perishable goods or fresh products such as vegetable or meat.  Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.  Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.  7. Watch out for seasonal items  There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks,  ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.   Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days.   8. "Credit is good but we need cash"  If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.  9.  Develop a friendly attitude  In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.  10. Register your business  Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business!


5. Take only the profit



Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.

Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.  If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.  1. Your Store Location!  This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighboorhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.  2.  Start Selling With Basic Items  When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments. Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.   3. Set out your price carefully  Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby.  With reasonable prices, your customer will be loyal to you and patronage your business in the long run.  4.  Treat the sari-sari store as if it is not yours  Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.  Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.  5.  Take only the profit  Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.  6. Maintain the quality of your products  Watch out if you are selling perishable goods or fresh products such as vegetable or meat.  Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.  Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.  7. Watch out for seasonal items  There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks,  ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.   Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days.   8. "Credit is good but we need cash"  If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.  9.  Develop a friendly attitude  In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.  10. Register your business  Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business!
6. Maintain the quality of your products



Watch out if you are selling perishable goods or fresh products such as vegetable or meat. Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.



Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.
Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.  If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.  1. Your Store Location!  This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighboorhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.  2.  Start Selling With Basic Items  When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments. Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.   3. Set out your price carefully  Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby.  With reasonable prices, your customer will be loyal to you and patronage your business in the long run.  4.  Treat the sari-sari store as if it is not yours  Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.  Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.  5.  Take only the profit  Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.  6. Maintain the quality of your products  Watch out if you are selling perishable goods or fresh products such as vegetable or meat.  Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.  Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.  7. Watch out for seasonal items  There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks,  ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.   Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days.   8. "Credit is good but we need cash"  If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.  9.  Develop a friendly attitude  In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.  10. Register your business  Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business!
7. Watch out for seasonal items



There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks, ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.

Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days. 
Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.  If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.  1. Your Store Location!  This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighboorhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.  2.  Start Selling With Basic Items  When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments. Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.   3. Set out your price carefully  Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby.  With reasonable prices, your customer will be loyal to you and patronage your business in the long run.  4.  Treat the sari-sari store as if it is not yours  Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.  Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.  5.  Take only the profit  Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.  6. Maintain the quality of your products  Watch out if you are selling perishable goods or fresh products such as vegetable or meat.  Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.  Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.  7. Watch out for seasonal items  There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks,  ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.   Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days.   8. "Credit is good but we need cash"  If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.  9.  Develop a friendly attitude  In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.  10. Register your business  Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business!
8. "Credit is good but we need cash"

If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.
Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.  If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.  1. Your Store Location!  This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighboorhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.  2.  Start Selling With Basic Items  When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments. Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.   3. Set out your price carefully  Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby.  With reasonable prices, your customer will be loyal to you and patronage your business in the long run.  4.  Treat the sari-sari store as if it is not yours  Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.  Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.  5.  Take only the profit  Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.  6. Maintain the quality of your products  Watch out if you are selling perishable goods or fresh products such as vegetable or meat.  Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.  Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.  7. Watch out for seasonal items  There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks,  ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.   Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days.   8. "Credit is good but we need cash"  If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.  9.  Develop a friendly attitude  In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.  10. Register your business  Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business!
9. Develop a friendly attitude

In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.
Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.  If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.  1. Your Store Location!  This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighboorhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.  2.  Start Selling With Basic Items  When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments. Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.   3. Set out your price carefully  Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby.  With reasonable prices, your customer will be loyal to you and patronage your business in the long run.  4.  Treat the sari-sari store as if it is not yours  Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.  Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.  5.  Take only the profit  Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.  6. Maintain the quality of your products  Watch out if you are selling perishable goods or fresh products such as vegetable or meat.  Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.  Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.  7. Watch out for seasonal items  There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks,  ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.   Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days.   8. "Credit is good but we need cash"  If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.  9.  Develop a friendly attitude  In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.  10. Register your business  Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business!
10. Register your business


Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business!

Many people believe that opening and starting a sari-sari store is an easy thing to do. But have you asked yourself a question why many sari-sari stores struggle to survive and eventually closed after a few months of opening? Many of us think that all we need is a capital in starting a sari-sari store. But honestly, money is not only we need. There are many things we have to consider in starting a sari-sari store and manage it successfully. If we run it well a sari-sari store is a good additional source of income for a family.  If you are planning to open a sari-sari store, consider this 10 things that may help you in running your store successfully. If you already have a sari-sari store but struggling on it, this tips may also help you.  1. Your Store Location!  This is very important in all types of business. When starting a sari-sari store, consider first your location. Opening a sari-sari store next to or in front of your house is a good idea since you can save from paying rent. But make sure this place is located in a busy neighboorhood that can give you more potential customers. Also consider opening a sari-sari store in a place that is near in school vicinity, town plaza, public terminals o boarding houses.  2.  Start Selling With Basic Items  When starting a sari-sari store, even a mini one, start with the basic items depending on your location. If it is in front of the school, you may sell school supplies together with snacks, candies, soft drinks and varieties of chichiria. If your store is located in the middle of a residential area, you may sell, cellphone load, laundry powder, canned milk, and condiments. Many sari-sari stores start with a small capital, so the target here is to sell your product fast to roll your capital faster. In this way, you can grow your business easily and you can quickly establish a connection with your customers.   3. Set out your price carefully  Compared to supermarkets, the price of sari-sari store products is a little bit higher. To maintain your customer, try not to set a too high-price on your goods especially if you are competing with existing store nearby.  With reasonable prices, your customer will be loyal to you and patronage your business in the long run.  4.  Treat the sari-sari store as if it is not yours  Even if it is yours, but as the one who manages, you should be very careful and honest with the inventory, the cash flows, and earnings. You have to make sure that cash on hand matches the items sold for the day. You and your family members must pay for whatever items they take or consume from the store.  Consuming your goods without paying for them will not only diminish your display, but it will also shrink your capital. Remember this is business and you have to implement such things to make sure you have an income to buy supplies you need for your store.  5.  Take only the profit  Almost all the sari-sari store starts with a humble beginning. But if you want to grow your mini-store, take only the profit on your earnings. Know the "rule of thumb". Set aside the 10 percent of day's earning. For example, in a day, you sold P500 worth of goods, take away P50 as your profit. Taking only the profit ensures the rest of your capital in the inventory. With this, you can also realize how big or small is your profit is and be more motivated in slowly growing your business.  6. Maintain the quality of your products  Watch out if you are selling perishable goods or fresh products such as vegetable or meat.  Make sure they are not expired, rotten or damage when you sell it to your customers. You won't like it when a customer is asking for a refund while returning a rotten egg or decaying vegetables.  Cookies, chips, and biscuits should be displayed away from direct sunlight. Check for ant infestations on noodles, candies and chocolates and other products that may attract ants. Discard rotten vegetables that are unpleasant for the customer's eyes.  7. Watch out for seasonal items  There are products that are sold quickly during a certain period of the year so you have to take note of these items. For example, during the school opening, you have to stock-up school supplies if needed. Beer and a lot of alcoholic drinks, soft drinks,  ingredients for spaghetti or macaroni salad during fiesta or Christmas season. Candles and matches during All Souls Day and so on.   Take note also for products for the rainy season such as noodles, champurrado, and coffee while juice drinks, and ice candy, lemonade, and other refreshments on summer days.   8. "Credit is good but we need cash"  If you want your sari-sari store to survive and grow, you have to impose "No Credit Policy". Many people may not like this idea but, without money, you cannot buy new goods to sell. Credit is also one of the many reasons why many sari-sari stores in the country do not prosper or eventually closed down. All you need here is to explain to your customer that every peso counts on your daily profit and you need the money to roll out your capital.  9.  Develop a friendly attitude  In a sari-sari store, your neighbors are your most common customers. They can be loyal customers if you treat them warmly. Smile even you are tired and be ready to serve them, regardless of the number of goods they buy from you. Say thank you and make sure they get the right products and give the exact change.  10. Register your business  Registering your sari-sari store makes your small business more credible and more trustworthy. Those business certificates will tell your customers that you are complying with the laws. Good luck with your sari-sari store business!

This article is filed under small business, small capital, livelihood, store business, grocery store business, and extra income.



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Worrying is a part of the life of many Overseas Filipino Workers (OFWs) while working far away from their families. Being miles away from the people you love is not easy especially if you are a father or a mother to young children. Aside from missing home, worrying is one thing that keeps OFW awake every night thinking about the situation of their loved ones back home.  It is normal to be worried especially you are far away from your family, but it is also important to do some things so that you can live a worry-free life while working abroad.  1. OFWs are often worried about getting sick and not having enough savings for a medical emergency.  As an OFW we are worried that we might get sick while working abroad. Being sick far away from the family is one of the worst feelings in the world because no one will take good care of you. Aside from this, getting sick or being ill will affect the people that depend on you back home.  Avoid sickness while working abroad by eating healthy, take vitamins and get exercise or any physical activity. Get yourself checked by a doctor once in a while as important steps to lessen your worry about getting sick. Getting health insurance will also help you prepare for unforeseen medical expenses. Getting these things will help you focus on getting better while working without worrying about your health.  2. As an OFW, you should be motivated to live with a healthy lifestyle  What is the main reason why you are working abroad? Is it your family? Is it your goal to have a house or a small business for your parents? As an OFW, there are many things we want to achieve while working abroad. But we cannot do all these things if we are not healthy. Practicing a healthy lifestyle is a big help in attaining our goal. Make a specific goal for your healthy lifestyle. For example, you want to have a target weight. Focus on it and have a better diet. Always remember that healthy lifestyle reduced many diseases, such as heart disease, high blood pressure, diabetes, and stress among others.   3.  Maintain a long-distance relationship!  One of OFW's greatest challenge is how to maintain a healthy and happy long-distance relationship, whether you are a parent, a child, or a sibling. But with the use of technology nowadays, maintaining long-distance relationships is not that hard. As a family, you can set up a group chat or video calls on the agreed schedule. With this, you will not miss some important occasions back home even just on the screen of your phone.   If you are a parent OFW, talk to your children regularly and be involved in their lives even you are far away. Constant communication with your children will play a very important role while they are growing up. Talk to them and explain to them why you are working abroad. Staying connected with your family is comforting and uplifting even your are far and physically apart.  4.  Save!  One out of 10 OFWs is financially broke and eight out of 10 OFWs returned to the Philippines without savings. While earning big, it is important for OFWs to know how to save for their own retirement or for medical emergencies at home. With enough savings, you can start a small business for your family to have extra income. You can also invest your hard-earned savings into something that will return the investment after a few years. In saving money, you should not send all your salary to your family back home.   Practice the popular phrase "Pay Yourself First" which means you have to save something for yourself first from each paycheck at the time you received your salary before spending it. With enough savings, you won't worry about what to do in the Philippines if you are no longer capable of working abroad.  5. Prepare for Your Retirement  We always say this, working abroad is not forever. That is why it is important to think and prepare for your retirement even if you are just started working abroad at the age of early 20s. OFW life does not guarantee that still, you will be able to work after 10 or 20 years from now. Nowadays, there are many OFWs still working in spite of retirement age due to lack of savings or lack of retirement fund.  Prepare for your retirement by building a retirement fund if possible. If your retirement plan is at hand, you can retire earlier than expected and do the things you love for the rest of your lives.


If you are the "manager" of remittances sent by an Overseas Filipino Worker (OFW), this savings account is designed just for you. With the BPI Padala Moneyger, you can effectively budget and save for your family's future. Remittances are sent directly into your account in a safe and very convenient way.


Due to a labor shortage, Poland is currently considering hiring Filipino workers. Right now, it is reported that Poland is forging an agreement with Philippines authorities so that Filipino workers may able to work in the said European country. According to Deputy Labor Minister Stanislaw Szwed, they are hoping to have an agreement with the Philippines by September this year.
Every Overseas Filipino Workers (OFWs) should save money for emergencies, retirement or for starting a new investment or small business for families to have a stable income at home. Saving money in the bank is very important to protect your money from thieves and from unwanted expenses. Aside from this, your money in the bank will grow with interest as the time goes by. We all know that working abroad is not forever and saving for the future is a must.
Working abroad is the dream of many Filipinos in spite of the truth that OFW life is not easy. As an overseas Filipino worker (OFW) you have to embrace a life away from your family, deal with very long hours of stress, loneliness and even frustration. But because working abroad gives you big salaries that you cannot earn in the Philippines you decide to go anyway and practice what many OFWs said, "the art of sacrifice."  It is very common that when we heard the word "OFW", a person with much money always comes first in our mind. Somehow, it becomes a tradition that when we meet an OFW relative or friend, we ask for "pasalubong." OFWs are also the first person we call in case of emergency and other financial related problems.



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