Search This Blog

Friday, August 10, 2012

Grocery; where the Biggest Part of Budget Goes

Filipinos spend a big chunk of their money on food. This is according to Family Income and Expenditure Survey conducted in 2006 by the National Statistics Office. About 41.4 percent of the household earnings was devoted to food, while 3.7 percent goes to personal care and effects. Alcoholic beverage and tobacco products account for 0.7 and 0.9 percent respectively.

These figure will say a lot about the prospects of having a neighborhood grocery or a supermarket. A grocery sells food and non-food items, and it has a bigger inventory than a sari-sari store. It's like a supermarket, but it needs a smaller area, less staff and fewer check-out-counter.


You may not have a capital to open a grocery business, but you can get a loan from the bank to start it.
A lot of lending institution are available around to assist you in your needs. Or, you may want a partner to run the business. There are several options and consideration that are available. But the most important thing is your desire and spirit to pursue and start the business.


We are giving FREE Selling and Business Consultation; please click the link below,


No comments:

Post a Comment