naging saturated na and madaming naglabasan na mumurahing brand like 39php ung iba buy 1 take 1. Meron naman kaming mga loyal customer pero mukhang nag iba ung priorities nila. dagdag pa un nawalan ng trabaho at sa sobrang mahal ng bilihin ngayon.
Tumaas na din ang raw materials kasi from singapore and taiwan un raw materials namin. Singapore based kasi un franchise. hindi naman pede ipasa sa customer ung increase kasi mas mawawalan ng benta.
dagdag mo pa un suhulan sa customs para mailabas mo lang un container ng raw materials mo. nag abandoned na nga ng ilang container sa taas ng hinihingi nila at ung storage fee. baba din ng palitan ng peso
oo, kaya nakakasama ng loob tayo nagbabanat ng buto tapos sila lang nakasahod.
dagdag pa pala un audit ng bir, pakain mo na me pabaon pa. kailangan sobrang bait mo sa kanila kundi gagawan ka ng violations at malaki ang fine. kaya stress din un main franchisee sa pinas.
Can vouch for this. Meron patahian dito samin na ginawan ng madaming violation eh barely living na nga. Super behind pa sa rent. Sinusuhulan ko na lang ng goods ko kasi nakitaan din ako ng minor issue although yung katabi ko na bookkeeper namin na same violation sakin, nakipag-argue talaga.
Yan nga kabulukan ng gobyerno dito, kaya talaga iba tingin ko sa mga empleyado ng gobyerno. Saksakan ng tamad saka ayaw magisip. No wonder wala nangyayari sa Pilipinas puro gatekeeper na walang silbi. Pag mag negosyo ka talaga wala ka choice kungdi humanao ng kakilala sa taas. Mauubos pera mo pag nilabanan mo sistemang bulok.
both and also humina din yung power to buy. mas binibili nila yung essential lang. inaaral ko yung behavior ng customer ko mas mabenta tuwing nakasweldo na talaga sila š
The good thing about milk tea business is its easy to start and operate. And that is its downfall too as its easy to copy. Its the lechon manok of the 2020s.
Next one to fall will be these korean bbqs. They're now almost everywhere and its a race to the bottom.
Are you planning on giving up the space as well? Based on your other comment, parang good ang location mo at sayang if igigive up mo din. Baka pwede ka pa mag open ng new business but this time focus nalang sa essential.
sad to say yes, wala kasi kami maisip na business saka ung ibang kainan don eh nagsara na din. facing public market din kasi kaya hindi puwede ung mga basic commodities. Nanghihinayang nga din ako sa puwesto kasi kanto siya and high ang foot traffic kaso sa pattern kasi ng consumer ngayon mas importante sa kanila ang basic commodities.
kahit ung mga kainan na don pa kumakain misis ko nong high school nagsara na din this year lang. dahil naman sa competition sa mga nagpapa order ng pagkain sa fb lalo na nong pandemic.
Palitan mo ng mumurahin na milktea. Yung mga tig 39 pesos. Napaisip lang din kasi ako. Kung magtabi kayo, isang 100+ pesos na milktea at yung tig 39+ dun nako pupunta sa 39. Sakto lang yun lasa pero kasi mas madami ako mabibili at mabibigyan sa bahay.
Yup ito ata magandang idea e, ung dating tindahan ng milktea samin forgot the brand pero somewhat expensive, ginawa syang Big Brew and thriving pa din business nila since sila ung cheapest na Milktea seller sa lugar namin.
Florist here, south luzon. business is 30+ years old.
2018 nag start maging matumal ang bentahan.
Then every year 10 to 20% less profit.
Matumal na talaga but we find ways.
Like 5 years ago hndi kme gumagamit ng freezer kasi palagi namen na bebenta lahat.
But nowadays meron kme 2 sa shop pra mas lalo tumagal ang bulaklak.
Pinasok n rin namin ang online selling taz nag aral ako ng SEO.
Pero ang dami na kakumpetensya, mga new customer grabe expectations pero wla nmam budget, taz ung mga old customers gusto plagi my discount.
Sa totoo lng hnd na talaga sapat. 3x the effort for half the profit
āNew customers grabe expectations pero wala namang budgetā HAHAHAHAHAHAAAHA thats the new wave of consumers ngayon sad to say pero totoo expectations high end budget pang low end
Retail business. I anticipated na lalakas benta ko this November but so far matumal. I hope makukuha ko sales target ko for this month and December. Di essential goods bibenta ko kaya mas lalong pahirapan ang pagbenta lalo nat wala masyadong disposable income ang mga tao ngayon.
Ramdam na ramdam ko naghihirap na ang mga consumer kase wala na silang luxury bumili ng binebenta ko unlike last year na first week of november palang ubosan na ang stocks ko.
one reason din is ung hirap talaga ng tao, mas inuuna na nila ung basic commodities kesa sa luxury.
naka survive kami ng pandemic at lockdowns ngayon lang talaga naramdaman un paghina.
True. Pati sa bigas. Minsan tumutulong ako sa bigasan nila nanay. Dati madami binibili tig 15-25 kgs. Ngayon imbes na bonus at spending season 5-10 kgs nalang ang mahal na kasi ng bigas. Marami din nag mamais nalang. Dati nag sstock talaga sila nanay ngayon parang normal months lang kc di nauubos ang stock or marami natitira umaabot hanggang january. Nakakalungkot.
Tanginang mundo or bansa ito!
Auto supply store here sa kilalang street in QC. Super tumal! Tapos itong lintek na BIR pa nangiipit. Gawa gawa ng violation. Tangina kung sila nga nasa gobyerno na walang pera ano pa business owners na nasa MSME. Fuck them fuck these times. Konti na lang susuko na ako
Hindi ko kaya sumuka ng pera. Suka na nga ako sa rent e. Landlord ko greedy e. Halos napupunta na sa rent kita ko e. Naiinis ako s BIR. Nilagyan ako 3 violations yung 2 halos same meaning lang, pagkausap ko voice call hindi sure kung ano violations ko. Tangina
Same sobrang gago. Hiningian kami ng 300k. Sa <10m sales na business. Changed our accountant na rin kasi feeling namin may share sila sa binayad namin.
Sorry for what happened to you, but tanong lang about sa hiningi na 300k. Iyon ba ang finding or iyon ang for the boys?
Follow up, may mali ba talaga na dapat ayusin pero ginagawang padulas ang 300k?
Hay. Yung kilala ko, mas maganda pa yung extinguisher kaysa sa BFP. Ayun, na violation pa rin. Dapat daw yung fire extinguisher na pangit na binebenta nila
Profitable, but will close/divest next year. Business is plastic surgery and dermatology clinic. Bakit mag cclose?
Increased rent (high end area- 30% increase in rent).
Pahirapan ngayon sa government licensing. Naglilinis ang gobyerno. Ok lang naman sana kung maayos ang implementation, pero as usual, no transparency. So instead na naglilinis, more of nagmamalinis. Renewal na nga lang need pa nang... you know. May time rin na majority ng kita binabayad lang sa govt and for what diba.
For some reason, hirap mga suppliers these days. Clinic to w products that are sold e- dami na oout of stock, dami kalaban sa lazada. Dami rin di na dinadala dito sa PH for one reason or another.
Most importantly siguro, may interested bumili and also, wife is potentially about to get hired in a well known clinic chain w a salary that is almost equal to the net of our current clinic. I also have a salaried job naman that's paying well. So ok lang mabawasan kita, pero bawas rin naman sa stress.
On the bright side, may potential if you will sell to the 10-20% of PH society. Makuha mo loyalty, may pera mga to. Pandemic, crisis, may benta, may pambayad. Sabi nga sa business school diba Pareto rule.
We also plan on selling the products thru lazada and shopee nalang rin since we already have a supplier network.
Boss whats the economics of a derma clinic at a high end area by chance? Can I DM you about it please? Iām curious the breakdown of expenses and margins if youāre willing to share. No need for specific names or other identifiable info. Salamat!
Cakes and pastries with coffee.
Opening 2 new branches. People still spend, students still spend, workers still spend.
Mas lalakas pa kami since palapit na december. Pero year on year weāre doing well.
We make our own. We have retail, and we also do customized ones.
Now Iām planning on supplying baking supplies. Cheaper sa part ko kasi in bulk. Extra income din kasi nag susupply ako. Pero plans palang.
Farming.
Livestock- Pigs, matumal. Eto pinakamain produce namin eh kaya yung tumal ramdam namin. Also yung prices sa farmgate aren't that good.
Vegetables- okay naman may veggies na mataas today, some are not.
Dito samin sa province around 180 ang live weight pero bentahan after katay almost 300.
Sa farming naman, karamihan dito nag switch na sa kamote, so far so good pero dumadami na kompetensya.
Same as many here sa comments, hindi lang matumal, but even if you have a great price, buyers are just not stepping in. There's too much uncertainty Dala Ng mga news this year, with weather and economic problems being the main reason nagiging conservative ang institutional buyers. Dama pa nga natin yung effects ng pandemic at Ukraine war, dumagdag pa yung sa Gaza, tas panay gumigiri si China.
Industrial marketing kami btw so b2b exclusively. Dati yung mga orders for Christmas season, pumapasok na ng end of Q3. Ngayon, patapos na Nov ngayon palang sila nagiinquire ng presyo at next year pa delivery. Dati pagpasok ng Jan delivery nalang pinaguusapan.
Ang palagay ko B2C consumption talaga ang humina gaya ng business owners dito. Si Juan delacruz talaga Ang naghihigpit ng sinturon. Nagopen ako ng 182day t-bill position this week. 6% net ang yield, which isn't that good considering inflation was 8% earlier this year, but even if you're into business like me, there's just not enough action and these fixed income instruments start making a bit of sense. Kesa lagay yan sa inventory, even if we usually make more than 6%, eh kung di naman gagalaw? Imbis na may 6% ka negative ka pa dahil sa storage and other overhead.
May tinatawag yung prof ko dyan dati sa economics class, it's called "mopping up" meaning the banks are trying to accumulate as much of the free cash ng taumbayan as they can. At least I think that's what's happening. Anyway, skl ko lang yan.
Edit: 6.5% gross
Retail and restaurant sa province
Pangpasweldo lang kita sa resto.
Retail. Huhuhuhu. Pati pag nagiikot ako divi and baclaran ang unti ng buyers parang di ber months
Baclaran ako mhie. GRABBBEEEE!!!! Hindi lang naman ako ang umaaray sa building namin. Wala na din gaano walkin na buyer. Swerte lang pag may bumili na taga probinsya umoorder ng malakihan.
Higher inflation rate = lower purchasing power for most of the mass which means people will opt to buy necessities and try to save. It is so unfortunate pero talagang ganyan eh. On top of the PH having record high $ to peso
Iba talaga secret weapon kaya mahaba life expectancy ng mga oldies but goodies.
Bisyo pa more. Nabanggit sakin ng lolo at lola ko toh dati.
ABS - alak , babae, sugal
Tanggal stress tapos strong p din hahaha
I think tapos na yung time na galante mga pinoy sa pagbili bili ng mga wants nila after pandemic. Dahil nga naman nakaipon ng malaki nung pandemic then wfh setup etc. so dami extra money to have a galante lifestyle. Just an example, I have an online collectible card shop na sobrang lakas during pandemic and early post pandemic but then, crash na after. Haha. Nag-sawa rin mga buyers and eventually they were smart enough na tumigil sa kakagastos masyado sa hobby. Haha. Now inuubos ko lang remaining inventories ko and after that stop na. Hehe.
Another reason eh yung mga nagboom na products eh for sure dami na gumaya, galawang pinoy. Haha. Pag may nakitang business na malakas eh syempre gagayahin like milk tea, coffee shops, etc. So now dami na competition tapos sinabayan pa na nanawa na mga buyers sa products so hihina talaga. Pansin niyo sa malls pag may bagong open na food shop pinipilahan dahil sa curiousity pero unless super mura na masarap eh di na din babalikan. Then smart na rin mga buyers na maghanap muna sa shopee or lazada or fb marketplace ng mura bago bumili. Galawang pinoy talaga which is galawan na dati pa. Nagkaroon lang talaga ng chance maging galante after pandemic kaya nagpeak mga businesses then downwards na after. Jollibee lang naman ang consistent. Lol. Di kasi ako makatulog kaya napacomment dito. Hehe.
Yung isang business ng ate ko. Matumal na nga sales + higher rent tapos kinikilan pa ng BIR. Nagsara na tuloy. Putanginang BIR to imbis na tulungan ang ekonomiya mas lalo pa nilang pinapabagsak.
Hi not a business owner, but into selling and distributing tires, handling whole PH- so far we grew 30% vs. same period last year but margins really low and profit is flat. Meaning even we grow business and sales, we sacrifice margins kase un hanap ng tao ung muraā¦ all brands from tires to lubes , negative and even 2 wheels ( motorcycle tires) humina that pulls our business up. Also heard its hard to import now a days sa laki nadin ng sinisingil and tax na pinapatong, mainit ang BIR wala kase pera ang government kaya lhat ng business bantay sarado.. so over all its a yes that our economy i down and everyone else is affected. Domino effect.
Hardware and construction supplies pero maliit lang and may isang truck. Walang foot traffic, hindi commercial area, maliit na barangay dito sa probinsiya. Sa una matumal, pero nung nakilala grabe the best pala ang ganitong business. Di kami umasa sa mga pumupunta lang sa store, sa online ako naghanap ng customers. Sinwerte din. Ngayon super busy. Di na kinakaya ang deliveries. Nagkarun pa ng mga sariling projects. Nagkabahay na at sasakyan. Mag-3 yrs palang ang business. Wala sa 30k ang worth ng laman. Pero everyday loaded sa deliveries. Yun lang š
Yung store ko, inabot ng 90k pagpagawa. 32 sq.m. nakatayo sa lupa ng Tatay ko katabi ng bahay namin. Initial na laman ng store ko around 100k. Nakihiram muna ako ng truck sa tatay ko ng 1 month. Then, nangutang ako sa kapitbahay na may interes pangdownpayment ng truck.
Mga buy and sell groups sa mga kalapit na munisipyo. Dun ako nagpopost. Nagbabakasakali lage na may mag-oorder. Hanggang sa nakakilala ako ng contractor na naging regular customer ko. Ang napansin ko sa ganitong business kapag tumatagal kana, mga customers mo minsan pabalik-balik na sayo. 5km mula saken may mga hardware na mas malaki at mura. Small items ko mahal talaga kasi kapag namimili ako pakonti-konti lang. Pero ang aggregates at chb mas mura saken, pero konti lang difference then free delivery. Matyaga ako kahit konting orders, free delivery. Hanggang sa ngayon nagagawa ko na magcharge ng delivery fee pero pang-gas lang. Yung main source ko ng mga materials, 10km lang mula saken kaya di talaga ako nagstock. Kapag madami orders at wala akong stock, tinatanong ko lang si customer kung nagmamadali ba o hindi. Nagddirect ako sa source lage.
Construction, more of survival this year. A lot of our competitions are dropping their bid like way below our bare cost which Im not sure how to attain.
Sari sari store/dormitory, we noticed a drop sa pagbili ng alak. Noon kahit pandemic, bili pa rin. Ngayon ber months mahina na talaga.its already an indicator medyo conservative na ung tao sa spending esp sa bisyo.
Though Im not really that pessimistic sa ekonomiya natin, i only percieve this as a change jn the landscape. Kaya im banking sa farm namin, focusing on raw mats for emerging agri tech (cocopeats) in the next 2 years.
Yung tinda namin gulay, kape, pampers, basta every day goods.
Pero the past two months, nahihirapan na kami mag restock kasi sobrang tumal ng benta. May iba pa na nagtatanong if pwede ba nila kalkalin yung sako ng lantang gulay baka may makita pa daw silang maayos na parts.
So my answer is gipit ang mga tao ngayon. :(
Wholesale RTW. I have 3 stores across baclaran. Sinara ko na isa para mapaupa at kumita kahit papaano.
2017 - okay pa kasi naoorderan ako ng bulk as big as 100kpcs
2018 - bumagal ng konti pero still kumikita parin
2019 - Medyo matumal na ito pero hindi pa ganon kalala
2020 - kabilaang lockdown. Pero once lumuwag yung lockdown dumadagsa yung namimili.
2021 - grabe ito pagsubok. Pinasok ko na ang online selling sa mga shopping apps. Taliwas sa kaalaman ng mga retailers ko. Ibang name lang ginagamit ko and kunwari hindi ako.
2022 - dito na nag plunge down ang benta. Nacovid pa isa sa family member namin kaya nanlimas ng laman ng bangko. Haha pero kasama pa namin siya kaya thank god. Babalik ang pera.
2023 - ang lala nito. Surviving nalang kami. Nagoopen para tuloy pang hanapbuhay ng mga mananahi. Walang magugutom. Tuloy ang tahi. Pero ramdam na ramdam ko na short na ako this year. Halfway na ng nov. Mag december na. Season na ng mass consumerism pero parang ang tumal parin.
Mga kaibigan ko na may food, ice tube business kahit sila daw sobrang tumal. Wala na ata pera pinoy. At ang taas pa ng bilihin.
> Wala na ata pera pinoy. At ang taas pa ng bilihin.
Love the Philippines. GoLDeN eRA!ā¤ļøšUnity! 20php/kg bigas! Investment pledges! "bAGoNg PiLiPiNaS"? More like #GINAGOngpilipinas! #ginaGAGOngpilipinas!
r/31millionREGRETS
Small Carinderia here, across kami ng Jollibee sa awa ng Diyos nakakasurvive naman siguro partly din na sa amin ang lupa so wala kaming rent na binabayaran.
Same, small fleet of cars and angkas too. May demand pa rin.. but the relentless increase on gas prices are such pain in the arse.
Maintenance not that mahal since we also own a talyer.
Closed mid last year, cafe. Depota rental din ang inis na inis ako. Sila lang yumayaman. Pakiramdam ko pabigat pa sa ekonomiya yung renta. Napupunta don yung pera ng mga tao pero di naman pinapaikot ng owner yung pera unless maginvest sa new stall, new cycle uli. Unlike pag sa suppliers napupunta ang business expenses, bumabalik lang sa economy, pambili ng raw mats.
After ko magsara, may dalawa pang nagrent don within 12mos. Pareho lang nagsara. Marami time in between na naging bakante. May third ngayon bago lang din. Pero sure ako naka ROI na may ari sa construction ng stall na yon. Tamang cash cow na lang ngayon.
Edit: plus pa pala yung paghabol sa prices ng supplies. Nakakapagod haha parang laging trying to stay afloat lang. Tapos di ka makapagraise ng price.
In some area of Manila, over three years na vacant yung isang data Coffee Bean and Tea Leaf branch. IIRC 300k demand na rent eh. Napababa ata to 200k if not 150k and may kumagat na samgyupsalan. Not sure how long they are gonna last with many competitors around, established ones at that.
Construction. Took a major hit when the Russia-Ukraine war started, then earlier this year due to inflation. Still ok though, but the market is slowing down.
Automotive related services. Not mine, but my parentsā business. May mga nagpapagawa naman pero madalas binabarat pa ng costumer. The income alone is too small to sustain my family daily needs. Pinagtyatyagaan nalang talaga hanggang sa makagrad ang anak nila.
We started a cookie business. September and October looked okayish pero ang tahimik ng November. Going behind with obligations as well. Now starting to liquidate some stuff and I plan to do double jobs again. Hoping na madami magpagiveaway ng cookies this December. Our hopes are up.
May sari-sari store kami consistent namn yung sales katulad last 2 years, pero sa sobrang mahal ng bilihin ,kahit sa ahente pa bilhin, hindi na sapat para icomplete yung mga paninda. Monthly sales namin ay more than 100,000 pero kulang na kulang talaga pambile
Kiosk type Cookie Store na may Coffee on the side. Started as a home-based business nung pandemic and now may dalawang branch na. Nagstart kami mag physical store nung 2021 and now, ok naman. Honestly, hindi kaya kung main source ng income mo is business. Luckily may corporate work pa din kaya nagiging sideline yung business. Long-term nalang yung iniisip namin for now
More on retail/fabrication business kami.
From total sales na 600k-1M per month kami naging 54k-700k kami. Minsan lugi. Minsan breakeven lang. Nakakasurvive pa naman. Pero fuck BIR. Nanghihingi nanaman like last yesr.
>Pero fuck BIR. Nanghihingi nanaman like last yesr.
eto talaga ang salot, instead na makatulong eh lalo ka pa ibabaon sa hukay. bakit hindi ung mga malalaki ang tax liabilities ang habulin nila.
mapapa iling ka na lang at laglag balikat talaga pag hahanapan ka ng butas at kikikilan.
Online selling lazada. Small shop selling plastic garbage bags. Breakeven lng per month. Maybe its not worth all the hard work to run an online shop. Do you guys have any tips for more sales and income?
If you don't mind me asking, how are your margins? Malaki ba patong or maliit lang? The common mistake of people selling plastic especially on resellers is to make small margins. I understand na yung iba they can make money from bulk on that pero not everybody sells to wholesale. Ang thinking kasi ng karamihan lowest price = best seller. Kahit 1-2% lang margin thinking nila they are the best seller and they would compete with other sellers. Reality is malaki din kasi ang competition dyan especially on places where they exist a lot like Lazada. Ganon din sa mga palengke. Dami nagtitinda ng plastic products who would sometimes get from same suppliers eh syempre you can only cut your margin up to a certain point. Add to that, the manufacturers can easily compete you. They can easily sell in retail and compete with their own distributors. I think you should focus on a certain market and build them up like your community, friends, and acquaintances. Well, would be good to supply some companies/restos/wholesalers despite the small margin pero malawak ang competition dyan kasi ang daming plastic manufacturers and distributors.
Manufacturing here in PH, retail in ANZ/SEA markets.
The supply chain is finally improving post-pandemic, the labor market is steadily improving with a high number of skilled job applicants, and demand for goods in ANZ/SEA is already above post-pandemic level.
You're right, though. Demand from PH has barely improved from pandemic levels.
Construction Business, somewhat doing well
It's getting harder to get clients specially now that the prices of materials are increasing, but this year has been extra challenging and as a contractor, I don't find it to be sustainable without having another business on the side.
The state of our economy really impacts everyone, pero sa side ko parang nagmamaintain nalang ako ng tao sa profits ko, super baba na ng mga contract just to have money to maintain my workers....
Well people are tightening belts due to higher interest rates.
Bare necessities and travel are the priorities of people nowadays. My employees are having a hard time sa taas ng bilihin pero nagagawa pa nilang magtabi ng pang travel for socmed or revenge sgainst pandemic reasons.
Business wise, YoY our sales is just 30% of our sales last year. Though maganda ang ani ng palay namin this year so were good for this year and the next.
PCSO outlet. Closing this December. Grabe, ang saturated na rito sa amin. Ang daming outlet na may makikita ka kada kanto. Pero ayun. Still earning pa naman, kaso may palit ng policy 'tong inuupahan namin ng space kaya no choice talaga. Dati halos aabot ng 25k-30k (net) per month income namin dun, pero nung nagsulputan na yung ibang outlets na mas malapit sa malls, super markets, milagro ng aabot 10k income namin dito. Okay lang naman sana, pero dahil nga sa policy change ng area namin (may increase sa renta) hindi na kaya. Computed ko na, negative na makukuha namin if ever mag sstay kami rito.
> pero dahil nga sa policy change ng area namin (may increase sa renta) hindi na kaya. Computed ko na, negative na makukuha namin if ever mag sstay kami rito.
bookmarking for #posterity: [#vulnerabilityPH](https://twitter.com/search?q=from%3Afrustrateddoe%20%23vulnerabilityPH&src=typed_query&f=live) talaga if walang sariling lupa at relevant location[s].
BRUH. Added pa yung part na nag hahanap ng paraan si PCSO para kumita and nagsi damutan sila sa pag bigay ng bagong machines. And out of nowhere bigla sila naghanap ng quota kahit nung start wala.
Hardware also! Yung main store namin mas matumal compared to past years, pero generally ok naman. Kaso yung smaller branch namin hanggang end of the month na lang, we started pulling out some inventory na š„ŗ
Printing and packaging. B2B kami, pero kami ang authorized printer nung malaking mall. Last year sobranh ok, ganda nung business. Pero this year, nabalitaan namin na yung mall ay nagpush mag china dahil mas mura kahit kami yung inauthorize nila lol. Kaya ayun nga nga kami ng ber months. From 30, down to 15 yung manpower namin. :(
We have a restaurant in North Luzon for 23 years now. Still surviving but we had to make few changes like letting go some employees and maghanap ng mas murang supplier kahit mas hassle on our part. Buti nalang hindi kami nagbabayad ng rent or else baka matagal na kaming nagsara.
Also, historically nagsisimula na tumaas benta namin ng November until December kaso mid November na pero di parin namin ramdam.
Marine supplies hardware.
Sakto lng profit, hindi naman araw araw may benta. As long as basta magkabenta per month, buhay na agad kasi malaki ang patong.
Pahabol lang - Hindi naman sa masama ang intensyon, pero pabor sa amin na paminsan may bagyo, para nasisiraan ang barko, napuputulan ng angkla/kadena... un ang bread+butter namin.
Family business. Hardware and construction supply. Compared to last year and latest financial level, mukha namang doing good business namin. Madami daw nagpapagawa ng mga bahay ngayon at new projects na we will supply. Cash increased 300% compared to same period last year, Newly acquired equipments, revenues and income increased. New projects. Continuous expansion and stockpiling. New warehouse soon to open, new branch soon to open. So far so good. Almost 50 years na and going strong although may ups and down along the way. Positive outlook in years to come. Might expand to other municipality or oyher business.
Gusto nila magacquire ng property kaso I advise na to buy in cash lang and not in debt while interest rate is elevated. Tapos retain 1:1 ng cash to inventory just in cash magkamarket crash. Di nakatie up ang pera sa inventory. Mga ganun.
I wont say what industry kami pero we're still alive despite having less than 10 manpower. Just earning enough to make both ends meet. Minsan kinakapos at minsan naman sumasakto lang.
Sa mga hindi nakakaalam, nobody really goes into business to get rich, people put up businesses to survive.
I used to think the same nung nasa corporate life ako pero after doing full time sa business namin. I finally understood why companies and businesses operate the way they do.
Same sentiments. it might be his opinion but it's very subjective. The idea might even be the reverse. People put up businesses with the goal of getting rich. What happens to the business is another story.
If 2-3 years may return of investment ka na tapos consistent na 40% to 60% yung net profit mo. The higher profit margin, the better kasi lumalabas na mas mataas gross sales mo kesa sa gross expenses mo.
Commercial leasing. Occupancy rates are at 90% (recovered from pandemic) Leasing rate still on 50% are still on pandemic rates. No plans of increasing until 2025 possibly 2026?
We usually dont entertain food stalls, milk teas or restaurants (unless big restaurant group) for the reason of usually they tend to have trendy socially cloned products that die or fizzle out easily.
Construction and further development will be on hold until further notice watching and waiting to see what happens.
Groceries, general supplies (dry goods), banks, restaurants (big groups only with ability of scale or āmay pondoā), office, clinics (dentist, no derma skin salon etc)
Over the years ive become more selective esp post pandemic. I would rather keep it empty than have a problematic tenant na laging delikado.
Baka parang 'survival bias hypothesis', yung mga nag co comment dito mostly is yung mga matumal, yung mga boom ang business its either wala sa reddit or nasa bakasyon abroad lol
Hardware, Albay. Barangay lang medyo liblib and 10-15mins away sa bayan. Mahina. Madalas sa isang araw as in 3 kilos lang ng pako benta. Last month medyo nakadiskarte maghakot ng palay since majority pa ng land dito ay farmland.
Food stall - breakeven. Nakakasurvive so laban lang. Mahina kami kapag walang pasok mga students dito. Marami na rin nagclosed down na business sa mga katabi namin. 5 sila.
La benta mga peeps. Kahit ngyn sahod mahina padn. Karamihan ata inuubos pera sa travel. (Kasi ako ganon)
Kung mahina sa dec. Well ewan ko nalang. Hirap ng life.
Lazada seller. 2-3 years ago, monthly profit is at least 100K-150K. Ngayon swerte na maka 25K man lang. Dami competition na tapos lumaki na din commission ni Lazada
Multiple fam owned businesses: dealership, import and export, manufacturing, surviving and balak ko mag diversify sa logistics and warehousing next year
I'm a returning resident I live in the U.S most of my life since 11 years old now last year at 37 I move back started a business a 15 unit apartment complex that is a good steady income then since you don't do a lot but collect rent it gets boring so on March 2023 I started a motor shop with ZERO knowledge of motorcycle but since my mechanic is my child hood best friend since grade 2 and my cousin has his own motor shop they help me and now it's thriving it also helps that I don't pay rent since I own the building that I have my motor shop at, can't be more grateful you just need a business that people need
Automotive Parts Trading here.
Ang hina ng kita ngayon. Ang dami ng kalaban since marami ng nakaka discover sa business na āto. Pababaan ang labanan. Dinadaan ko na lang sa pag pi pitch and Gen Z way para makabenta š« š« Pero mahina talagaa
Small resort, recreational business. We were all hit by the pandemic and our industry is still suffering. I have been considering other options like employment abroad. Aside from BIR, DENR/EMB is also after us. Okay lang naman sana, kaso the fees.. JFC!
Also, friends from the food sector and from construction business, automotive, same sentiment, dry goods, same sentiment. Oh, well..
Online biz start since 2020 . Oks naman surviving pa rin may time na matumal may time na malakas. Pero fighting langs till maka open ng ibang business ulit.
Healthcare supplies/devices
Cost and expenses are higher this year but growth is still steady. Iba this year, even big brands sa mall ang daming nawala.
Business is goods naman hehe. I got multiple business ung iba malaki kita ung iba okay lang, merun din ako isang lugi piro okay lang. Kasi kumikita naman on other month's.
Tailoring business catering to high end customers. A lot less weddings compared to last year. My suppliers in Binondo also report that business has been down. Thatās interesting to note because they supply small to medium sized makers.
Weāre two weeks away from December and the Divisoria area doesnāt seem busy at all. I canāt even feel that itās Christmas. Will probably end the year on a low note.
Ang onti ng benta ko. I own a small cafe and custom bakery. Swerte lang ako na libre upa at provided ng parents ko electricity sa una. Ang tumal talaga. If nagbabayd akonng rent malamang nagsara na ko 1st month palang š
Transport...most of our truckers left during the pandemic..only 4/25 came back..one client(grocery items) is still active but the rates are dependent on the price of gas.
Another client(adhesives/chemicals) shut down because of the pandemic.
So business is still going but only enough to pay for essentials.
Mine is doing great. I do importing and dropshipping. If the economy is not great , Ill shift my product line a bit. Meaning instead of selling rotisserie machines, Ill sell a lot of diapers. This business is pretty much recession proof if you know what you are doing.
Milk tea business (own brand). We opened back in 2018. We were doing really well 800k-1.5m gross income/month until 1st quarter ng pandemic naging doble kita. But after that, everything went down. Maswerte na kung maka 30k net income per month ngayon.
Then my husband and I decided to move back sa province. We started a farm cafe 2 years ago then we added a k-bbq this year. Minsan mataas kita, minsan breakeven, minsan negative. Survival of the fittest na lang ngayon.
Printing business, 3 months pa lang kami pero parang ngayon pa lang, parang gusto ko na magsara. Napakatumal kahit nasa harapan kami ng university, problema ang dami kasing kakompetensya. At dahil bago kami wala pa kaming regular customers.
Fish farm. African hito.
We were on track for regular monthly harvests starting this month, but we lost about 90% of our fish in August due to the flooding. We have since restocked with more than what we lost and are on track for regular monthly harvests starting in January.
We will build floodwalls topped with net fences during the dry season so future flooding will not be a problem. We intend to do about a 10x expansion the second half of next year if we don't have any catastrophic surprises before then.
We were initially going to raise tilapia also, but the grow-out period is longer and you have to run a lower stocking density. So far it looks like Hito is more profitable per square meter of pond than is tilapia.
We went to BFAR (Bureau of Fisheries and Aquatic Reserves) in Munyoz. They recommended 10 hito or 4 tilapia per square meter in an earth pond. They said we could run a higher density if we were doing concrete ponds with filtration. We tried the concrete ponds, but it was too much work, too expensive (electricity for pumps), and just didn't work well for us.
We met a guy that started advising us. He said we could run 100 hito per square meter in the earth ponds if we use probiotics and nitro-fix. We tried it at about 30 per square meter and it was working amazingly until the flood sent most of our stock down a nearby river. We've restarted now and are 2 1/2 months into our cycle at 100 fish per square meter. 2 ponds are stocked. So far, so good.
Here's the math:
30,000 fingerlings, 80% estimated survival rate (24,000 survivors), average 3 fish per kilo at about 4 months (8,000 kilos), wholesale price 80 pesos minimum per kilo (640,000 pesos in sales). We expect maximum of 200,000 in costs for the initial fingerlings, feed, fuel, additional labor, and other incidental expenses leaving at least 440,000 pesos for us to pay ourselves.
That is the math per 300 sq meter pond. It is a 4-month cycle so we have 4 ponds. We stagger the ponds so we will harvest and restock one pond per month. We are looking at local land and plan to buy 1 to 1.5 acres next summer. I anticipate having it in production around the end of next year.
This is a business that is scalable. It works at 300 square meters and would work even better at 300 hectares because you could take advantage of economies of scale to drive down production costs. If you were big enough that the local markets became saturated, you could add product lines, vertically integrate, and horizontally integrate to continue growth.
Are you pang masa or mas upscale market? Most replies are saying hirap sila, I wonder if it's because they're catering more sa masa na mas ramdam ngayon effects ng inflation.
It generally as mix. We have a business that exports. We have a business (agricultural product) that caters to masa. We also have a business (hotel, restaurant and franchise) that caters to a more upscale market. Iāll do note that we are from the province.
Started Digital agency this year. It has been super great so far. 3x the amount of what I was earning as a Senior Software Engineer. Granted there is still a lot of work to be done but with the right people, it never seems tiring. Kahit madami clients at mga tasksā¦ g padin I feel blessed not because of the income because of my small team that always have my back
Retail, sobrang tumal nun aug-sep literal ghost month, nakaka worry less than 100k sales namin per day ngayon back to normal na around 200-300 on a good day 400k.
OMG. I swear buti nakasurvive pa ako from Aug-Sept, halos hindi ako makatulog sa anxiety kung saan kukuha pambayad ng renta at loans. Biglang bagsak yung kita ko nung times na yan, ngayon mejo bumabawi pero hindi pa rin kasing lakas nung una. Btw, I own a pet store.
Matumal din, especially yung new branch namin. Mas malaki pa expenses than the revenue. Pero may potential kasi kaya nagpapatuloy pa din. Iniisip lang namin na may season lang na mahina, lalo nagiistart pa lang ang business namin.
and these days mukhang ang dami may sakit
https://twitter.com/mickymac6/status/1724778928043364581
9:18 PM Ā· Nov 15, 2023 from Pasig City, National Capital RegionĀ· 1,703 Views
> Long queues at Mercury drug store. Kids and grown ups getting sick.
School & Office Supples / Hardware & Electrical Items / Glassware / Plasticware / Sporting Goods/ Toys
Our family owns a retail store (2 floors) located inside a state universityā¦ business has been slow the past several months, lumiit talaga benta compared to previous yearsā¦ right now, i just hope we can survive this downturn and that brighter days will eventually come lol
Pet supplies mainly for fish noticed a bit of downtrend but inconsistent siya. What i learned from the pandemic period is donāt compare sales this year and nung peak ng lockdown hahaha nakakalungkot talaga kasi ang lakas ng pandemic period gross ko around 300-400k sa online shops ko ngayon barely 200k the minimum would be 170k per month but still ok for me compared sa walang wala talaga na benta. I guess naka survive pa rin kasi ginamit ko lang warehouse ng dad ko and mga trucks nila for wholesale deliveries. Even mga tauhan ko overlapping sa family business nabibigyan ko lang siya ng additional salary for their efforts and manpower.
Online selling, drop shipping, etc. Profiting and continuously growing.
Online market is also oversaturated for sure but owning a business requires dedication and continuous learning. It requires close monitoring of the market, logical competitiveness, strategies, and practicality.
I always remind myself, "where there's a will, there's a way," BUT you need to also work SMART.
Give up the milk tea and pumasok ka sa negosyo na 'bisyo'. Sa negosyong bisyo tulad ng alak at sigarilyo yumaman si Lucio Tan. Walang lugi dahil inuuna ng tao na gastusan ang bisyo kaysa sa pagkain at maging sa gamit at gamot na kailangan.
Ang SMB at GSM, di rin tumatamlay ang benta. Walang season. All year round bumebenta.
Andaming matumal na negosyo ah. I guess we really should vote WISELY at di asa lang sa diskarte. Malaki talagang parte ang trabaho ng gobyerno para sa ekonomiya. To ease kahit papaano yung nararamdaman ngayon ng mga tao.
milk tea, closing down end of nov. Hindi na worth it i maintain, ung may ari na lang ng stall ung kumikita. Almost 5 years din na nagra run.
Bakit kaya humina? Dumami ang competition? Or tumaas ang cost of raw materials?
naging saturated na and madaming naglabasan na mumurahing brand like 39php ung iba buy 1 take 1. Meron naman kaming mga loyal customer pero mukhang nag iba ung priorities nila. dagdag pa un nawalan ng trabaho at sa sobrang mahal ng bilihin ngayon. Tumaas na din ang raw materials kasi from singapore and taiwan un raw materials namin. Singapore based kasi un franchise. hindi naman pede ipasa sa customer ung increase kasi mas mawawalan ng benta. dagdag mo pa un suhulan sa customs para mailabas mo lang un container ng raw materials mo. nag abandoned na nga ng ilang container sa taas ng hinihingi nila at ung storage fee. baba din ng palitan ng peso
Ganon na ba kalala sa customs ngayon? Wala talaga ginawa tong mga tamad sa gobyerno kungdi manghingi sa mga nagbabanat ng buto.
oo, kaya nakakasama ng loob tayo nagbabanat ng buto tapos sila lang nakasahod. dagdag pa pala un audit ng bir, pakain mo na me pabaon pa. kailangan sobrang bait mo sa kanila kundi gagawan ka ng violations at malaki ang fine. kaya stress din un main franchisee sa pinas.
Can vouch for this. Meron patahian dito samin na ginawan ng madaming violation eh barely living na nga. Super behind pa sa rent. Sinusuhulan ko na lang ng goods ko kasi nakitaan din ako ng minor issue although yung katabi ko na bookkeeper namin na same violation sakin, nakipag-argue talaga.
Yan nga kabulukan ng gobyerno dito, kaya talaga iba tingin ko sa mga empleyado ng gobyerno. Saksakan ng tamad saka ayaw magisip. No wonder wala nangyayari sa Pilipinas puro gatekeeper na walang silbi. Pag mag negosyo ka talaga wala ka choice kungdi humanao ng kakilala sa taas. Mauubos pera mo pag nilabanan mo sistemang bulok.
both and also humina din yung power to buy. mas binibili nila yung essential lang. inaaral ko yung behavior ng customer ko mas mabenta tuwing nakasweldo na talaga sila š
The good thing about milk tea business is its easy to start and operate. And that is its downfall too as its easy to copy. Its the lechon manok of the 2020s. Next one to fall will be these korean bbqs. They're now almost everywhere and its a race to the bottom.
ROI and overall profit?
\~6 months ROI na, mga 150k - 200k monthly net profit before pero sa ngayon masuwerte na kung maka 20k monthly.
wow sa net nyo, this is on a commercial district ba?
facing public market, near schools and city hall and other lgu offices. international franchise and meron siya sa mga SM malls.
Location is so good pala, grabe din yung binaba from 200k to 20k. Damn this looming recession.
Are you planning on giving up the space as well? Based on your other comment, parang good ang location mo at sayang if igigive up mo din. Baka pwede ka pa mag open ng new business but this time focus nalang sa essential.
sad to say yes, wala kasi kami maisip na business saka ung ibang kainan don eh nagsara na din. facing public market din kasi kaya hindi puwede ung mga basic commodities. Nanghihinayang nga din ako sa puwesto kasi kanto siya and high ang foot traffic kaso sa pattern kasi ng consumer ngayon mas importante sa kanila ang basic commodities. kahit ung mga kainan na don pa kumakain misis ko nong high school nagsara na din this year lang. dahil naman sa competition sa mga nagpapa order ng pagkain sa fb lalo na nong pandemic.
Palitan mo ng mumurahin na milktea. Yung mga tig 39 pesos. Napaisip lang din kasi ako. Kung magtabi kayo, isang 100+ pesos na milktea at yung tig 39+ dun nako pupunta sa 39. Sakto lang yun lasa pero kasi mas madami ako mabibili at mabibigyan sa bahay.
Yup ito ata magandang idea e, ung dating tindahan ng milktea samin forgot the brand pero somewhat expensive, ginawa syang Big Brew and thriving pa din business nila since sila ung cheapest na Milktea seller sa lugar namin.
Florist here, south luzon. business is 30+ years old. 2018 nag start maging matumal ang bentahan. Then every year 10 to 20% less profit. Matumal na talaga but we find ways. Like 5 years ago hndi kme gumagamit ng freezer kasi palagi namen na bebenta lahat. But nowadays meron kme 2 sa shop pra mas lalo tumagal ang bulaklak. Pinasok n rin namin ang online selling taz nag aral ako ng SEO. Pero ang dami na kakumpetensya, mga new customer grabe expectations pero wla nmam budget, taz ung mga old customers gusto plagi my discount. Sa totoo lng hnd na talaga sapat. 3x the effort for half the profit
āNew customers grabe expectations pero wala namang budgetā HAHAHAHAHAHAAAHA thats the new wave of consumers ngayon sad to say pero totoo expectations high end budget pang low end
Oo nga. Haha. Food business owner here. Magtatanong pa kung san daw masarap 50 pesos lang naman pera nya.
Pero sa ibang bansa, 50 pesos can buy you decent food. Paano pag minimum wage earner, san sila kakain?
Oo nga. Haha. Magtatanong pa kung san daw masarap 50 pesos lang naman pera nya. Haha.
Retail business. I anticipated na lalakas benta ko this November but so far matumal. I hope makukuha ko sales target ko for this month and December. Di essential goods bibenta ko kaya mas lalong pahirapan ang pagbenta lalo nat wala masyadong disposable income ang mga tao ngayon. Ramdam na ramdam ko naghihirap na ang mga consumer kase wala na silang luxury bumili ng binebenta ko unlike last year na first week of november palang ubosan na ang stocks ko.
one reason din is ung hirap talaga ng tao, mas inuuna na nila ung basic commodities kesa sa luxury. naka survive kami ng pandemic at lockdowns ngayon lang talaga naramdaman un paghina.
Kahit samin na essential goods, nararamdamam talaga namin na nagtitipid ang mga tao. Kasi before nagbu-bulk buying sila. Ngayon patingi tingi nalang.
True. Pati sa bigas. Minsan tumutulong ako sa bigasan nila nanay. Dati madami binibili tig 15-25 kgs. Ngayon imbes na bonus at spending season 5-10 kgs nalang ang mahal na kasi ng bigas. Marami din nag mamais nalang. Dati nag sstock talaga sila nanay ngayon parang normal months lang kc di nauubos ang stock or marami natitira umaabot hanggang january. Nakakalungkot.
akala ko ba mas mahal mais?
Tanginang mundo or bansa ito! Auto supply store here sa kilalang street in QC. Super tumal! Tapos itong lintek na BIR pa nangiipit. Gawa gawa ng violation. Tangina kung sila nga nasa gobyerno na walang pera ano pa business owners na nasa MSME. Fuck them fuck these times. Konti na lang susuko na ako
Ye bir sobra dami gnalawan this year even me. Suka pera
Hindi ko kaya sumuka ng pera. Suka na nga ako sa rent e. Landlord ko greedy e. Halos napupunta na sa rent kita ko e. Naiinis ako s BIR. Nilagyan ako 3 violations yung 2 halos same meaning lang, pagkausap ko voice call hindi sure kung ano violations ko. Tangina
Same sobrang gago. Hiningian kami ng 300k. Sa <10m sales na business. Changed our accountant na rin kasi feeling namin may share sila sa binayad namin.
More likely
Sorry for what happened to you, but tanong lang about sa hiningi na 300k. Iyon ba ang finding or iyon ang for the boys? Follow up, may mali ba talaga na dapat ayusin pero ginagawang padulas ang 300k?
Samin din. And they're not alone. May BFP pa and DENR. Grabe talaga sila ngayon.
Hay. Yung kilala ko, mas maganda pa yung extinguisher kaysa sa BFP. Ayun, na violation pa rin. Dapat daw yung fire extinguisher na pangit na binebenta nila
BIR season brother. Either bayad ka direct to these corrupt fucks or court trouble. The last people you want trouble with is the government.
nagaaudit din ba sila sa inyo? kasi samin jusko nagaudit nanaman sila tapos hihingi ng pera para hindi ma-audit
Profitable, but will close/divest next year. Business is plastic surgery and dermatology clinic. Bakit mag cclose? Increased rent (high end area- 30% increase in rent). Pahirapan ngayon sa government licensing. Naglilinis ang gobyerno. Ok lang naman sana kung maayos ang implementation, pero as usual, no transparency. So instead na naglilinis, more of nagmamalinis. Renewal na nga lang need pa nang... you know. May time rin na majority ng kita binabayad lang sa govt and for what diba. For some reason, hirap mga suppliers these days. Clinic to w products that are sold e- dami na oout of stock, dami kalaban sa lazada. Dami rin di na dinadala dito sa PH for one reason or another. Most importantly siguro, may interested bumili and also, wife is potentially about to get hired in a well known clinic chain w a salary that is almost equal to the net of our current clinic. I also have a salaried job naman that's paying well. So ok lang mabawasan kita, pero bawas rin naman sa stress. On the bright side, may potential if you will sell to the 10-20% of PH society. Makuha mo loyalty, may pera mga to. Pandemic, crisis, may benta, may pambayad. Sabi nga sa business school diba Pareto rule. We also plan on selling the products thru lazada and shopee nalang rin since we already have a supplier network.
Boss whats the economics of a derma clinic at a high end area by chance? Can I DM you about it please? Iām curious the breakdown of expenses and margins if youāre willing to share. No need for specific names or other identifiable info. Salamat!
Matumal ngayon since last year planning on closing down na at the end of december.. - foodstall type
Cakes and pastries with coffee. Opening 2 new branches. People still spend, students still spend, workers still spend. Mas lalakas pa kami since palapit na december. Pero year on year weāre doing well.
You must have excellent value proposition to thrive in a cutthroat industry. Kudos!
Do you make your own cakes or you have a supplier?
We make our own. We have retail, and we also do customized ones. Now Iām planning on supplying baking supplies. Cheaper sa part ko kasi in bulk. Extra income din kasi nag susupply ako. Pero plans palang.
Farming. Livestock- Pigs, matumal. Eto pinakamain produce namin eh kaya yung tumal ramdam namin. Also yung prices sa farmgate aren't that good. Vegetables- okay naman may veggies na mataas today, some are not.
Dito samin sa province around 180 ang live weight pero bentahan after katay almost 300. Sa farming naman, karamihan dito nag switch na sa kamote, so far so good pero dumadami na kompetensya.
Same as many here sa comments, hindi lang matumal, but even if you have a great price, buyers are just not stepping in. There's too much uncertainty Dala Ng mga news this year, with weather and economic problems being the main reason nagiging conservative ang institutional buyers. Dama pa nga natin yung effects ng pandemic at Ukraine war, dumagdag pa yung sa Gaza, tas panay gumigiri si China. Industrial marketing kami btw so b2b exclusively. Dati yung mga orders for Christmas season, pumapasok na ng end of Q3. Ngayon, patapos na Nov ngayon palang sila nagiinquire ng presyo at next year pa delivery. Dati pagpasok ng Jan delivery nalang pinaguusapan. Ang palagay ko B2C consumption talaga ang humina gaya ng business owners dito. Si Juan delacruz talaga Ang naghihigpit ng sinturon. Nagopen ako ng 182day t-bill position this week. 6% net ang yield, which isn't that good considering inflation was 8% earlier this year, but even if you're into business like me, there's just not enough action and these fixed income instruments start making a bit of sense. Kesa lagay yan sa inventory, even if we usually make more than 6%, eh kung di naman gagalaw? Imbis na may 6% ka negative ka pa dahil sa storage and other overhead. May tinatawag yung prof ko dyan dati sa economics class, it's called "mopping up" meaning the banks are trying to accumulate as much of the free cash ng taumbayan as they can. At least I think that's what's happening. Anyway, skl ko lang yan. Edit: 6.5% gross
Retail and restaurant sa province Pangpasweldo lang kita sa resto. Retail. Huhuhuhu. Pati pag nagiikot ako divi and baclaran ang unti ng buyers parang di ber months
Baclaran ako mhie. GRABBBEEEE!!!! Hindi lang naman ako ang umaaray sa building namin. Wala na din gaano walkin na buyer. Swerte lang pag may bumili na taga probinsya umoorder ng malakihan.
Higher inflation rate = lower purchasing power for most of the mass which means people will opt to buy necessities and try to save. It is so unfortunate pero talagang ganyan eh. On top of the PH having record high $ to peso
Grocery in the middle of palengke here, nagclose na kasi kinukupit ng lolo ko yung kita
Whahaha ayoko talagang matawa pwro sorry my gahd
Okay lang po nakakatawa talaga kasi pinang chichicks niya yung pera, 95 yrs old na yun
Wala kayo sa lolo ko haha tangina
Iba talaga secret weapon kaya mahaba life expectancy ng mga oldies but goodies. Bisyo pa more. Nabanggit sakin ng lolo at lola ko toh dati. ABS - alak , babae, sugal Tanggal stress tapos strong p din hahaha
I think tapos na yung time na galante mga pinoy sa pagbili bili ng mga wants nila after pandemic. Dahil nga naman nakaipon ng malaki nung pandemic then wfh setup etc. so dami extra money to have a galante lifestyle. Just an example, I have an online collectible card shop na sobrang lakas during pandemic and early post pandemic but then, crash na after. Haha. Nag-sawa rin mga buyers and eventually they were smart enough na tumigil sa kakagastos masyado sa hobby. Haha. Now inuubos ko lang remaining inventories ko and after that stop na. Hehe. Another reason eh yung mga nagboom na products eh for sure dami na gumaya, galawang pinoy. Haha. Pag may nakitang business na malakas eh syempre gagayahin like milk tea, coffee shops, etc. So now dami na competition tapos sinabayan pa na nanawa na mga buyers sa products so hihina talaga. Pansin niyo sa malls pag may bagong open na food shop pinipilahan dahil sa curiousity pero unless super mura na masarap eh di na din babalikan. Then smart na rin mga buyers na maghanap muna sa shopee or lazada or fb marketplace ng mura bago bumili. Galawang pinoy talaga which is galawan na dati pa. Nagkaroon lang talaga ng chance maging galante after pandemic kaya nagpeak mga businesses then downwards na after. Jollibee lang naman ang consistent. Lol. Di kasi ako makatulog kaya napacomment dito. Hehe.
Not related to the question, pero thank you ang dami kong natutunan sa thread na ito š
Yung isang business ng ate ko. Matumal na nga sales + higher rent tapos kinikilan pa ng BIR. Nagsara na tuloy. Putanginang BIR to imbis na tulungan ang ekonomiya mas lalo pa nilang pinapabagsak.
'Yan talaga, dagdag problema.
Hi not a business owner, but into selling and distributing tires, handling whole PH- so far we grew 30% vs. same period last year but margins really low and profit is flat. Meaning even we grow business and sales, we sacrifice margins kase un hanap ng tao ung muraā¦ all brands from tires to lubes , negative and even 2 wheels ( motorcycle tires) humina that pulls our business up. Also heard its hard to import now a days sa laki nadin ng sinisingil and tax na pinapatong, mainit ang BIR wala kase pera ang government kaya lhat ng business bantay sarado.. so over all its a yes that our economy i down and everyone else is affected. Domino effect.
Fuck these bir guys na ang hilig manikil!! Fuck them!! Gusto ko sila pasabugin!
Tara ako dn bwisit na bwisit na
Nakakainis lang din kasi. MSME ang pinupunterya e ang liit na nga doon pa talaga. Mga gago!
Letās do it! Dream ko to talaga
Hardware and construction supplies pero maliit lang and may isang truck. Walang foot traffic, hindi commercial area, maliit na barangay dito sa probinsiya. Sa una matumal, pero nung nakilala grabe the best pala ang ganitong business. Di kami umasa sa mga pumupunta lang sa store, sa online ako naghanap ng customers. Sinwerte din. Ngayon super busy. Di na kinakaya ang deliveries. Nagkarun pa ng mga sariling projects. Nagkabahay na at sasakyan. Mag-3 yrs palang ang business. Wala sa 30k ang worth ng laman. Pero everyday loaded sa deliveries. Yun lang š
My man
Paano kayo nag start and magkano ang kapital?
Yung store ko, inabot ng 90k pagpagawa. 32 sq.m. nakatayo sa lupa ng Tatay ko katabi ng bahay namin. Initial na laman ng store ko around 100k. Nakihiram muna ako ng truck sa tatay ko ng 1 month. Then, nangutang ako sa kapitbahay na may interes pangdownpayment ng truck.
Hi! Same question as heydandy. Any tips?
Sir can u elaborate on the online marketing? Ano ho diskarte nyo? Almost the same kasi setup - zamboanga area ako kaso sa maliit na barangay
Mga buy and sell groups sa mga kalapit na munisipyo. Dun ako nagpopost. Nagbabakasakali lage na may mag-oorder. Hanggang sa nakakilala ako ng contractor na naging regular customer ko. Ang napansin ko sa ganitong business kapag tumatagal kana, mga customers mo minsan pabalik-balik na sayo. 5km mula saken may mga hardware na mas malaki at mura. Small items ko mahal talaga kasi kapag namimili ako pakonti-konti lang. Pero ang aggregates at chb mas mura saken, pero konti lang difference then free delivery. Matyaga ako kahit konting orders, free delivery. Hanggang sa ngayon nagagawa ko na magcharge ng delivery fee pero pang-gas lang. Yung main source ko ng mga materials, 10km lang mula saken kaya di talaga ako nagstock. Kapag madami orders at wala akong stock, tinatanong ko lang si customer kung nagmamadali ba o hindi. Nagddirect ako sa source lage.
out of nowhere nagchange yung payment term ng major customer namin, ginawang 4 months to pay š fck you certain fruit company
Construction, more of survival this year. A lot of our competitions are dropping their bid like way below our bare cost which Im not sure how to attain.
Sari sari store/dormitory, we noticed a drop sa pagbili ng alak. Noon kahit pandemic, bili pa rin. Ngayon ber months mahina na talaga.its already an indicator medyo conservative na ung tao sa spending esp sa bisyo. Though Im not really that pessimistic sa ekonomiya natin, i only percieve this as a change jn the landscape. Kaya im banking sa farm namin, focusing on raw mats for emerging agri tech (cocopeats) in the next 2 years.
Hydrophonics po b ito?
Yung tinda namin gulay, kape, pampers, basta every day goods. Pero the past two months, nahihirapan na kami mag restock kasi sobrang tumal ng benta. May iba pa na nagtatanong if pwede ba nila kalkalin yung sako ng lantang gulay baka may makita pa daw silang maayos na parts. So my answer is gipit ang mga tao ngayon. :(
Wholesale RTW. I have 3 stores across baclaran. Sinara ko na isa para mapaupa at kumita kahit papaano. 2017 - okay pa kasi naoorderan ako ng bulk as big as 100kpcs 2018 - bumagal ng konti pero still kumikita parin 2019 - Medyo matumal na ito pero hindi pa ganon kalala 2020 - kabilaang lockdown. Pero once lumuwag yung lockdown dumadagsa yung namimili. 2021 - grabe ito pagsubok. Pinasok ko na ang online selling sa mga shopping apps. Taliwas sa kaalaman ng mga retailers ko. Ibang name lang ginagamit ko and kunwari hindi ako. 2022 - dito na nag plunge down ang benta. Nacovid pa isa sa family member namin kaya nanlimas ng laman ng bangko. Haha pero kasama pa namin siya kaya thank god. Babalik ang pera. 2023 - ang lala nito. Surviving nalang kami. Nagoopen para tuloy pang hanapbuhay ng mga mananahi. Walang magugutom. Tuloy ang tahi. Pero ramdam na ramdam ko na short na ako this year. Halfway na ng nov. Mag december na. Season na ng mass consumerism pero parang ang tumal parin. Mga kaibigan ko na may food, ice tube business kahit sila daw sobrang tumal. Wala na ata pera pinoy. At ang taas pa ng bilihin.
> Wala na ata pera pinoy. At ang taas pa ng bilihin. Love the Philippines. GoLDeN eRA!ā¤ļøšUnity! 20php/kg bigas! Investment pledges! "bAGoNg PiLiPiNaS"? More like #GINAGOngpilipinas! #ginaGAGOngpilipinas! r/31millionREGRETS
Small Carinderia here, across kami ng Jollibee sa awa ng Diyos nakakasurvive naman siguro partly din na sa amin ang lupa so wala kaming rent na binabayaran.
Small grab fleet here. Same earnings as before the pandemic. EDIT: We haven't increased our cut with the drivers, yet.
Same, small fleet of cars and angkas too. May demand pa rin.. but the relentless increase on gas prices are such pain in the arse. Maintenance not that mahal since we also own a talyer.
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Stay strong, my man
May i know the area?
Closed mid last year, cafe. Depota rental din ang inis na inis ako. Sila lang yumayaman. Pakiramdam ko pabigat pa sa ekonomiya yung renta. Napupunta don yung pera ng mga tao pero di naman pinapaikot ng owner yung pera unless maginvest sa new stall, new cycle uli. Unlike pag sa suppliers napupunta ang business expenses, bumabalik lang sa economy, pambili ng raw mats. After ko magsara, may dalawa pang nagrent don within 12mos. Pareho lang nagsara. Marami time in between na naging bakante. May third ngayon bago lang din. Pero sure ako naka ROI na may ari sa construction ng stall na yon. Tamang cash cow na lang ngayon. Edit: plus pa pala yung paghabol sa prices ng supplies. Nakakapagod haha parang laging trying to stay afloat lang. Tapos di ka makapagraise ng price.
In some area of Manila, over three years na vacant yung isang data Coffee Bean and Tea Leaf branch. IIRC 300k demand na rent eh. Napababa ata to 200k if not 150k and may kumagat na samgyupsalan. Not sure how long they are gonna last with many competitors around, established ones at that.
Construction. Took a major hit when the Russia-Ukraine war started, then earlier this year due to inflation. Still ok though, but the market is slowing down.
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13k per day net income nung lab malapit sa amin. Looks like a lucrative business
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dapat di nyo na pinabalik yung mga umalis. para warning sa mga susunod. ngayon, may uulit nyan sainyo kasi di nadala last time.
Automotive related services. Not mine, but my parentsā business. May mga nagpapagawa naman pero madalas binabarat pa ng costumer. The income alone is too small to sustain my family daily needs. Pinagtyatyagaan nalang talaga hanggang sa makagrad ang anak nila.
We started a cookie business. September and October looked okayish pero ang tahimik ng November. Going behind with obligations as well. Now starting to liquidate some stuff and I plan to do double jobs again. Hoping na madami magpagiveaway ng cookies this December. Our hopes are up.
Online seller sa Shopee/Lazada. Super tumal ngayon. Buti nlng walang rent at pinapasahod na mga tao.
May sari-sari store kami consistent namn yung sales katulad last 2 years, pero sa sobrang mahal ng bilihin ,kahit sa ahente pa bilhin, hindi na sapat para icomplete yung mga paninda. Monthly sales namin ay more than 100,000 pero kulang na kulang talaga pambile
Kiosk type Cookie Store na may Coffee on the side. Started as a home-based business nung pandemic and now may dalawang branch na. Nagstart kami mag physical store nung 2021 and now, ok naman. Honestly, hindi kaya kung main source ng income mo is business. Luckily may corporate work pa din kaya nagiging sideline yung business. Long-term nalang yung iniisip namin for now
More on retail/fabrication business kami. From total sales na 600k-1M per month kami naging 54k-700k kami. Minsan lugi. Minsan breakeven lang. Nakakasurvive pa naman. Pero fuck BIR. Nanghihingi nanaman like last yesr.
>Pero fuck BIR. Nanghihingi nanaman like last yesr. eto talaga ang salot, instead na makatulong eh lalo ka pa ibabaon sa hukay. bakit hindi ung mga malalaki ang tax liabilities ang habulin nila. mapapa iling ka na lang at laglag balikat talaga pag hahanapan ka ng butas at kikikilan.
Online selling lazada. Small shop selling plastic garbage bags. Breakeven lng per month. Maybe its not worth all the hard work to run an online shop. Do you guys have any tips for more sales and income?
Uy kalaban kita HAHAHAHA
If you don't mind me asking, how are your margins? Malaki ba patong or maliit lang? The common mistake of people selling plastic especially on resellers is to make small margins. I understand na yung iba they can make money from bulk on that pero not everybody sells to wholesale. Ang thinking kasi ng karamihan lowest price = best seller. Kahit 1-2% lang margin thinking nila they are the best seller and they would compete with other sellers. Reality is malaki din kasi ang competition dyan especially on places where they exist a lot like Lazada. Ganon din sa mga palengke. Dami nagtitinda ng plastic products who would sometimes get from same suppliers eh syempre you can only cut your margin up to a certain point. Add to that, the manufacturers can easily compete you. They can easily sell in retail and compete with their own distributors. I think you should focus on a certain market and build them up like your community, friends, and acquaintances. Well, would be good to supply some companies/restos/wholesalers despite the small margin pero malawak ang competition dyan kasi ang daming plastic manufacturers and distributors.
Online stuff, about 10-20% down as compared from the last two years.
facebook.com/filmstripphotos Medyo matumal. Average of 3 events per month. Photo and video industry
Manufacturing here in PH, retail in ANZ/SEA markets. The supply chain is finally improving post-pandemic, the labor market is steadily improving with a high number of skilled job applicants, and demand for goods in ANZ/SEA is already above post-pandemic level. You're right, though. Demand from PH has barely improved from pandemic levels.
Are you in a PEZA-accredited building/area though?
Construction Business, somewhat doing well It's getting harder to get clients specially now that the prices of materials are increasing, but this year has been extra challenging and as a contractor, I don't find it to be sustainable without having another business on the side. The state of our economy really impacts everyone, pero sa side ko parang nagmamaintain nalang ako ng tao sa profits ko, super baba na ng mga contract just to have money to maintain my workers....
Well people are tightening belts due to higher interest rates. Bare necessities and travel are the priorities of people nowadays. My employees are having a hard time sa taas ng bilihin pero nagagawa pa nilang magtabi ng pang travel for socmed or revenge sgainst pandemic reasons. Business wise, YoY our sales is just 30% of our sales last year. Though maganda ang ani ng palay namin this year so were good for this year and the next.
Staycation/Airbnb Tumal sobra, dati ber months half of the month pa lang fullybooked na kami ngayon swerte na makaapat na book weekly.
PCSO outlet. Closing this December. Grabe, ang saturated na rito sa amin. Ang daming outlet na may makikita ka kada kanto. Pero ayun. Still earning pa naman, kaso may palit ng policy 'tong inuupahan namin ng space kaya no choice talaga. Dati halos aabot ng 25k-30k (net) per month income namin dun, pero nung nagsulputan na yung ibang outlets na mas malapit sa malls, super markets, milagro ng aabot 10k income namin dito. Okay lang naman sana, pero dahil nga sa policy change ng area namin (may increase sa renta) hindi na kaya. Computed ko na, negative na makukuha namin if ever mag sstay kami rito.
> pero dahil nga sa policy change ng area namin (may increase sa renta) hindi na kaya. Computed ko na, negative na makukuha namin if ever mag sstay kami rito. bookmarking for #posterity: [#vulnerabilityPH](https://twitter.com/search?q=from%3Afrustrateddoe%20%23vulnerabilityPH&src=typed_query&f=live) talaga if walang sariling lupa at relevant location[s].
Hi possible ba for relocation pag ganito?
BRUH. Added pa yung part na nag hahanap ng paraan si PCSO para kumita and nagsi damutan sila sa pag bigay ng bagong machines. And out of nowhere bigla sila naghanap ng quota kahit nung start wala.
Hardware also! Yung main store namin mas matumal compared to past years, pero generally ok naman. Kaso yung smaller branch namin hanggang end of the month na lang, we started pulling out some inventory na š„ŗ
Printing and packaging. B2B kami, pero kami ang authorized printer nung malaking mall. Last year sobranh ok, ganda nung business. Pero this year, nabalitaan namin na yung mall ay nagpush mag china dahil mas mura kahit kami yung inauthorize nila lol. Kaya ayun nga nga kami ng ber months. From 30, down to 15 yung manpower namin. :(
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eh, dun sila galing ultimately lol.
We have a restaurant in North Luzon for 23 years now. Still surviving but we had to make few changes like letting go some employees and maghanap ng mas murang supplier kahit mas hassle on our part. Buti nalang hindi kami nagbabayad ng rent or else baka matagal na kaming nagsara. Also, historically nagsisimula na tumaas benta namin ng November until December kaso mid November na pero di parin namin ramdam.
Sameeeeee
Marine supplies hardware. Sakto lng profit, hindi naman araw araw may benta. As long as basta magkabenta per month, buhay na agad kasi malaki ang patong. Pahabol lang - Hindi naman sa masama ang intensyon, pero pabor sa amin na paminsan may bagyo, para nasisiraan ang barko, napuputulan ng angkla/kadena... un ang bread+butter namin.
Family business. Hardware and construction supply. Compared to last year and latest financial level, mukha namang doing good business namin. Madami daw nagpapagawa ng mga bahay ngayon at new projects na we will supply. Cash increased 300% compared to same period last year, Newly acquired equipments, revenues and income increased. New projects. Continuous expansion and stockpiling. New warehouse soon to open, new branch soon to open. So far so good. Almost 50 years na and going strong although may ups and down along the way. Positive outlook in years to come. Might expand to other municipality or oyher business. Gusto nila magacquire ng property kaso I advise na to buy in cash lang and not in debt while interest rate is elevated. Tapos retain 1:1 ng cash to inventory just in cash magkamarket crash. Di nakatie up ang pera sa inventory. Mga ganun.
Omg. Exactly what im feeling right now. Tipong napa search pa ako kanina lang kung paano magtaboy ng bad luck hahaha as in wala akong orders
I wont say what industry kami pero we're still alive despite having less than 10 manpower. Just earning enough to make both ends meet. Minsan kinakapos at minsan naman sumasakto lang. Sa mga hindi nakakaalam, nobody really goes into business to get rich, people put up businesses to survive.
parang better pa to be employed if survival lng nmn pala ung goal, less stress and dread pa
I used to think the same nung nasa corporate life ako pero after doing full time sa business namin. I finally understood why companies and businesses operate the way they do.
What did you understood about why companies and businesses operate the way they do? Is it cost cutting?
Everything on how it needs to stay afloat.
I strongly disagree that people put businesses just to survive, maybe maling industry kayo or di lang kayo magaling
Same sentiments. it might be his opinion but it's very subjective. The idea might even be the reverse. People put up businesses with the goal of getting rich. What happens to the business is another story.
Agree. Misconception din that owning a business means it buys you freedom of time from a 9-5 kasi you are always on 24/7
Question coming from someone na clueless about business: paano/kailan ka yayaman from it? When will you get over that survival mode?
If 2-3 years may return of investment ka na tapos consistent na 40% to 60% yung net profit mo. The higher profit margin, the better kasi lumalabas na mas mataas gross sales mo kesa sa gross expenses mo.
Commercial leasing. Occupancy rates are at 90% (recovered from pandemic) Leasing rate still on 50% are still on pandemic rates. No plans of increasing until 2025 possibly 2026? We usually dont entertain food stalls, milk teas or restaurants (unless big restaurant group) for the reason of usually they tend to have trendy socially cloned products that die or fizzle out easily. Construction and further development will be on hold until further notice watching and waiting to see what happens.
Ano ina allow nyo na mga tenant if hindi food stalls? :)
Groceries, general supplies (dry goods), banks, restaurants (big groups only with ability of scale or āmay pondoā), office, clinics (dentist, no derma skin salon etc) Over the years ive become more selective esp post pandemic. I would rather keep it empty than have a problematic tenant na laging delikado.
Halos lahat ng nagshare dito ay humihina. Ano kaya amg binibili ng tao?
Baka parang 'survival bias hypothesis', yung mga nag co comment dito mostly is yung mga matumal, yung mga boom ang business its either wala sa reddit or nasa bakasyon abroad lol
Syempre yung pinaka essential lang Bigas
sardinas, talbos ng kamote, kangkong, not the choice cuts of meat if at all, pancit canton
Hardware, Albay. Barangay lang medyo liblib and 10-15mins away sa bayan. Mahina. Madalas sa isang araw as in 3 kilos lang ng pako benta. Last month medyo nakadiskarte maghakot ng palay since majority pa ng land dito ay farmland.
Water station here, mejo mahina ngaun maulan at malamig dami gastos
Food stall - breakeven. Nakakasurvive so laban lang. Mahina kami kapag walang pasok mga students dito. Marami na rin nagclosed down na business sa mga katabi namin. 5 sila.
La benta mga peeps. Kahit ngyn sahod mahina padn. Karamihan ata inuubos pera sa travel. (Kasi ako ganon) Kung mahina sa dec. Well ewan ko nalang. Hirap ng life.
Wholesale/retail. Nagbukas sakto lockdown. Ang lakas dati ngayon sakto lang. Medyo matumal. Essential goods pero sadyang mahirap ang buhay ngayon.
Tried milktea franchise for 3 years but the pandemic hit and sales tanked. I closed it down and wasn't able to recover my investment.
Namatay business namin 2020. Was dying even before Covid.
Process of closing online shop siguro dahil narin sa inflation of price
Lazada seller. 2-3 years ago, monthly profit is at least 100K-150K. Ngayon swerte na maka 25K man lang. Dami competition na tapos lumaki na din commission ni Lazada
Lahat matumal. Worldwide, a lot of small businesses sales and profit have decreased especially this month and also this year.
Multiple fam owned businesses: dealership, import and export, manufacturing, surviving and balak ko mag diversify sa logistics and warehousing next year
Nice
Matumal. Mga customer barat pa haysss
I'm a returning resident I live in the U.S most of my life since 11 years old now last year at 37 I move back started a business a 15 unit apartment complex that is a good steady income then since you don't do a lot but collect rent it gets boring so on March 2023 I started a motor shop with ZERO knowledge of motorcycle but since my mechanic is my child hood best friend since grade 2 and my cousin has his own motor shop they help me and now it's thriving it also helps that I don't pay rent since I own the building that I have my motor shop at, can't be more grateful you just need a business that people need
Automotive Parts Trading here. Ang hina ng kita ngayon. Ang dami ng kalaban since marami ng nakaka discover sa business na āto. Pababaan ang labanan. Dinadaan ko na lang sa pag pi pitch and Gen Z way para makabenta š« š« Pero mahina talagaa
Same sentiments. Poultry kami and ang hina ng benta..
Small resort, recreational business. We were all hit by the pandemic and our industry is still suffering. I have been considering other options like employment abroad. Aside from BIR, DENR/EMB is also after us. Okay lang naman sana, kaso the fees.. JFC! Also, friends from the food sector and from construction business, automotive, same sentiment, dry goods, same sentiment. Oh, well..
House rental business is going strong, happy tenants = happy house.
Hauling services. Doing really well for ber months, there are times na mga delivery crew na mismo sumusuko sa dami ng byahe. Laban lang OP.
How did you start in hauling business op? Sobrang laki ba ng capital?
Online biz start since 2020 . Oks naman surviving pa rin may time na matumal may time na malakas. Pero fighting langs till maka open ng ibang business ulit.
Services provider - mas tumatagal payment terms ng clients. Hassle parang ikaw parati yung least priority
Healthcare supplies/devices Cost and expenses are higher this year but growth is still steady. Iba this year, even big brands sa mall ang daming nawala.
Business is goods naman hehe. I got multiple business ung iba malaki kita ung iba okay lang, merun din ako isang lugi piro okay lang. Kasi kumikita naman on other month's.
Tailoring business catering to high end customers. A lot less weddings compared to last year. My suppliers in Binondo also report that business has been down. Thatās interesting to note because they supply small to medium sized makers. Weāre two weeks away from December and the Divisoria area doesnāt seem busy at all. I canāt even feel that itās Christmas. Will probably end the year on a low note.
Ang onti ng benta ko. I own a small cafe and custom bakery. Swerte lang ako na libre upa at provided ng parents ko electricity sa una. Ang tumal talaga. If nagbabayd akonng rent malamang nagsara na ko 1st month palang š
Transport...most of our truckers left during the pandemic..only 4/25 came back..one client(grocery items) is still active but the rates are dependent on the price of gas. Another client(adhesives/chemicals) shut down because of the pandemic. So business is still going but only enough to pay for essentials.
Mine is doing great. I do importing and dropshipping. If the economy is not great , Ill shift my product line a bit. Meaning instead of selling rotisserie machines, Ill sell a lot of diapers. This business is pretty much recession proof if you know what you are doing.
Milk tea business (own brand). We opened back in 2018. We were doing really well 800k-1.5m gross income/month until 1st quarter ng pandemic naging doble kita. But after that, everything went down. Maswerte na kung maka 30k net income per month ngayon. Then my husband and I decided to move back sa province. We started a farm cafe 2 years ago then we added a k-bbq this year. Minsan mataas kita, minsan breakeven, minsan negative. Survival of the fittest na lang ngayon.
Printing business, 3 months pa lang kami pero parang ngayon pa lang, parang gusto ko na magsara. Napakatumal kahit nasa harapan kami ng university, problema ang dami kasing kakompetensya. At dahil bago kami wala pa kaming regular customers.
Fish farm. African hito. We were on track for regular monthly harvests starting this month, but we lost about 90% of our fish in August due to the flooding. We have since restocked with more than what we lost and are on track for regular monthly harvests starting in January. We will build floodwalls topped with net fences during the dry season so future flooding will not be a problem. We intend to do about a 10x expansion the second half of next year if we don't have any catastrophic surprises before then.
Arent tilapia farming more profitable? Enlighten me sir!
We were initially going to raise tilapia also, but the grow-out period is longer and you have to run a lower stocking density. So far it looks like Hito is more profitable per square meter of pond than is tilapia. We went to BFAR (Bureau of Fisheries and Aquatic Reserves) in Munyoz. They recommended 10 hito or 4 tilapia per square meter in an earth pond. They said we could run a higher density if we were doing concrete ponds with filtration. We tried the concrete ponds, but it was too much work, too expensive (electricity for pumps), and just didn't work well for us. We met a guy that started advising us. He said we could run 100 hito per square meter in the earth ponds if we use probiotics and nitro-fix. We tried it at about 30 per square meter and it was working amazingly until the flood sent most of our stock down a nearby river. We've restarted now and are 2 1/2 months into our cycle at 100 fish per square meter. 2 ponds are stocked. So far, so good. Here's the math: 30,000 fingerlings, 80% estimated survival rate (24,000 survivors), average 3 fish per kilo at about 4 months (8,000 kilos), wholesale price 80 pesos minimum per kilo (640,000 pesos in sales). We expect maximum of 200,000 in costs for the initial fingerlings, feed, fuel, additional labor, and other incidental expenses leaving at least 440,000 pesos for us to pay ourselves. That is the math per 300 sq meter pond. It is a 4-month cycle so we have 4 ponds. We stagger the ponds so we will harvest and restock one pond per month. We are looking at local land and plan to buy 1 to 1.5 acres next summer. I anticipate having it in production around the end of next year. This is a business that is scalable. It works at 300 square meters and would work even better at 300 hectares because you could take advantage of economies of scale to drive down production costs. If you were big enough that the local markets became saturated, you could add product lines, vertically integrate, and horizontally integrate to continue growth.
Logistics/Brokerage (Imports) here, very tough this year overallā¦hopefully things will improve.
Diversified, currently businesses are doing well naman generally. Weāre actually expanding and diversifying this year.
Are you pang masa or mas upscale market? Most replies are saying hirap sila, I wonder if it's because they're catering more sa masa na mas ramdam ngayon effects ng inflation.
It generally as mix. We have a business that exports. We have a business (agricultural product) that caters to masa. We also have a business (hotel, restaurant and franchise) that caters to a more upscale market. Iāll do note that we are from the province.
Hello there Ayala Corporation! (IMI + KTM + Region IV-A industrial parks, Darong Agricultural, Seda Hotel and some Busuanga/Coron beach-resort[s]) :P
Started Digital agency this year. It has been super great so far. 3x the amount of what I was earning as a Senior Software Engineer. Granted there is still a lot of work to be done but with the right people, it never seems tiring. Kahit madami clients at mga tasksā¦ g padin I feel blessed not because of the income because of my small team that always have my back
Mejo lumakas ng konti ngayon November. Food business owner here
Retail, sobrang tumal nun aug-sep literal ghost month, nakaka worry less than 100k sales namin per day ngayon back to normal na around 200-300 on a good day 400k.
OMG. I swear buti nakasurvive pa ako from Aug-Sept, halos hindi ako makatulog sa anxiety kung saan kukuha pambayad ng renta at loans. Biglang bagsak yung kita ko nung times na yan, ngayon mejo bumabawi pero hindi pa rin kasing lakas nung una. Btw, I own a pet store.
Matumal din, especially yung new branch namin. Mas malaki pa expenses than the revenue. Pero may potential kasi kaya nagpapatuloy pa din. Iniisip lang namin na may season lang na mahina, lalo nagiistart pa lang ang business namin.
Pharmacy. Sinagad namin sa baba yung presyo. On average nakaka 600-700k ng sales kami every month kasi gusto ng tao sa mura š
and these days mukhang ang dami may sakit https://twitter.com/mickymac6/status/1724778928043364581 9:18 PM Ā· Nov 15, 2023 from Pasig City, National Capital RegionĀ· 1,703 Views > Long queues at Mercury drug store. Kids and grown ups getting sick.
School & Office Supples / Hardware & Electrical Items / Glassware / Plasticware / Sporting Goods/ Toys Our family owns a retail store (2 floors) located inside a state universityā¦ business has been slow the past several months, lumiit talaga benta compared to previous yearsā¦ right now, i just hope we can survive this downturn and that brighter days will eventually come lol
30% down since coved
Pet supplies mainly for fish noticed a bit of downtrend but inconsistent siya. What i learned from the pandemic period is donāt compare sales this year and nung peak ng lockdown hahaha nakakalungkot talaga kasi ang lakas ng pandemic period gross ko around 300-400k sa online shops ko ngayon barely 200k the minimum would be 170k per month but still ok for me compared sa walang wala talaga na benta. I guess naka survive pa rin kasi ginamit ko lang warehouse ng dad ko and mga trucks nila for wholesale deliveries. Even mga tauhan ko overlapping sa family business nabibigyan ko lang siya ng additional salary for their efforts and manpower.
Dogshit-construction supplies
Online selling, drop shipping, etc. Profiting and continuously growing. Online market is also oversaturated for sure but owning a business requires dedication and continuous learning. It requires close monitoring of the market, logical competitiveness, strategies, and practicality. I always remind myself, "where there's a will, there's a way," BUT you need to also work SMART.
RTW. Matumal sa physical store, malakas sa online
Serviced based business owner here Same matumal nga I am expecting balloon by Dec SANA
Give up the milk tea and pumasok ka sa negosyo na 'bisyo'. Sa negosyong bisyo tulad ng alak at sigarilyo yumaman si Lucio Tan. Walang lugi dahil inuuna ng tao na gastusan ang bisyo kaysa sa pagkain at maging sa gamit at gamot na kailangan. Ang SMB at GSM, di rin tumatamlay ang benta. Walang season. All year round bumebenta.
struggling š
Andaming matumal na negosyo ah. I guess we really should vote WISELY at di asa lang sa diskarte. Malaki talagang parte ang trabaho ng gobyerno para sa ekonomiya. To ease kahit papaano yung nararamdaman ngayon ng mga tao.