A good advice to save my small business from failing.
By whengcat
@whengcat (1457)
Philippines
April 22, 2011 10:47pm CST
I really need a lot of this right now. I thought that I will be good at this but I guess I'm not. Well, It goes like this...
It's been almost two years now since we started our small business. It's locally called "Sari-Sari" Store or a small variety store here in our place. Mainly, we sell the basics; Instant foods, cold-cuts(hotdogs, cured meat, sausages etc), grooming aids. I also have a loading station(pre-paid call and text) make some dumplings and other dessert on the side. But it seems that we don't profit at all.
Some folks around me says that we should not depend most of our family's needs on the store itself because it will not do our business good. We should separate ours and if ever we get some goods on our store, make sure we pay for it. Sad to say that's what's really happening right now and we can't avoid it.
Now, we're still struggling on how to survive. I'm thinking of other ways on how to improve our business but I guess It's easier said than done especially now that we're out of budget. I know if I have more goods and services to offer then I can have good sales too. I really need some good advice on how to manage this....expert? anyone?
1 person likes this
1 response
@hardworkinggurl (37062)
• United States
29 Apr 11
Hi there and so sorry to hear that this has not been as profitable as you wished it could have been.
What I can humbly suggest is you run some promotional temporary sales. Draw up some fliers and ask the family that has been benefiting for free to help distribute the fliers all over town. It is the least they can do.
This will not be asking for a favor more like they should be more then happy to help.
I hope this give a little idea about how you need to market the store a little bit.
I do hope you get something more from it because it has been a good idea and dream for you all. Best of luck to you.
@whengcat (1457)
• Philippines
29 Apr 11
Sounds great but I'm afraid it wont work because we have so many competitors here in our place
....yeah, that's our way of life here. Every few blocks, there are stores like ours. What I have in mind is selling something that is very unique that people likes and can only find in our store.
Anyway, thanks for the suggestions. It is very much appreciated, maybe I can use it later
....yeah, that's our way of life here. Every few blocks, there are stores like ours. What I have in mind is selling something that is very unique that people likes and can only find in our store.
Anyway, thanks for the suggestions. It is very much appreciated, maybe I can use it later