Concrete Foundation Repair Methods Ppt
These are popular micro small businesses in the Philippines that make money. They don't make a lot of revenue but they make enough to support families across the country. I see these businesses on every street corner and in every neighborhood. You will see these small businesses right beside each other and yet most of them are still busy enough to stay in operation. Some do well because of the quality, some do well because of the service and most do well because of the pricing. These are local businesses for the masa and because there's so many people in any given area, the high foot traffic is what these businesses depend on.
1. Sari sari Store: On my block alone and across the street there is eight sari sari stores. These are small dwellings with small storefronts. They invite neighbors, passer byes and family to buy simple household products like detergent, shampoo, soap, cigarettes, alcohol, snack food & drink. These are simple products that people would buy here instead of go to a grocery store and wait in line. Most of the products sold in these sari sari stores are in sache or small single serve sizes. Most filipinos live day to day and usually cannot afford to purchase bulk size items. These stores are usually open 16 hours per day and the family that lives in the dwelling are the operators. The markup or profit is usually between 1-3 pesos per product. Not much but these stores sell volume.
2. Cooked Food Vendor: These vendors work side by side with sari sari stores. They compliment the store by adding an economical quick fast meal. The usual foods cooked and served are barbeque, fried fish, goto, pancit, adobo, fried chicken and a vegetable based soup. Lots of rice. The food is usually of lower quality to keep the cost down. The profit here is between 5-10 pesos per meal. More profit than the sari store but more effort and resources needed to prepare and cook the food. These vendors can be seen on the street, on a mobile cart and even prepackaged meals sold at participating offices.
3. Franchise Food Cart: Almost any food can be sold as a franchise these days. Siomai, siopau, noodles, drink stations, shakes, shawarma, ice cream, popcorn, hotdog, burger franchises and the list goes on. Franchise carts starting at around 25 thousand pesos and up depending on size and equipment included with the cart. These carts are in the malls, in front of bus stations, jeepney line ups, MRT stations and even on the front street. Franchising and supplying these micro franchises is big business here in the Philippines. Investment is minimal so they are popping up everywhere and depending on the location a person can really do well in this business. The Company is always the supplier of all the products sold. No other products can be sold on this cart and this is where the company makes its money. The company is the distributor. The hard part is finding a good location to place your cart at a good rental price. If the company is good, they will support the franchisee as much as they can. If the cart makes money, the company makes money.
4. Mobile Loading, repair and sales: The telco companies in the Philippines. Globe, Smart, Sun and sister companies all provide a system that allows almost anyone with a spare mobile phone to make a few pesos when they load customers phones. You don't have to own a store, you can be a travelling mobile loader and make money loading your workmates in the office. The profit here is 1 peso+ depending on the purchased amount. The Philippines is the text capital of the world. Nobody sends texts like we do. For that reason alone, every Filipino has at least one cellphone. Most people spend one months salary for a cellphone and buy a new one every 6 months. That's why there's fifty cellphone shops in every mall. Some shopping centers only cell mobile phones and accessories. This is a saturated market and unless you have a great location, it will be difficult to compete with everyone else.
5. Internet Cafe: There is a diverse range of internet cafes. Small shops with 3 computers and larger ones up to 100 computers. They are everywhere. Your neighbor, beside the sari store, in the malls, in your condo building and just about every where is some sort of internet cafe. These shops cater mostly to young people for gaming and socializing. It has been an ever growing need for Filipinos to socialize online to meet new people, talk to friends and family abroad and even do some homework. The cost is anywhere from 10 pesos to 40 pesos per hour depending on the location of the cafe. Since the Philippines has become a technological country, young students have the experience networking computers which makes it simple for a mom and pop shop to start this type of business. You just need the space, bandwidth and investment in equipment. The profit here will range depending on location and quality of the cafe. My guess is a minimum of 5 pesos per hour per station profit.
There are many other micro type businesses available. This is just a list of the most prominent small businesses in every part of our daily lives. You can't hide from any of these businesses. Although some of them are saturated, people can still make a living operating these businesses due to the large amount of people that need to eat, text and socialize on the internet.
JM