ITS NOT ABOUT IDEAS. ITS ABOUT MAKING THE IDEAS HAPPEN.
BY: Maris Tecson, Nova Jane Luzano, Novin Jay Linondo, Melvin Galimba and John Rey Laure.
"Keep your faith and be patient"
If you’re wondering how to start a business, it may be easier than you think. Like other successful businesses, you’ll want to make sure you have a good idea first. From there, you can build a product or service that solves a need for consumers. But before you jump into anything, you’ll want to make sure you do your research.
Running a small business can be both a lonely and fraternal experience. It’s lonely in the sense that no two small businesses are the same. Every entrepreneur has to deal with a unique set of circumstances and factors that are specific to their business. On the other hand, it’s fraternal in the sense that small business owners stick together.
So here's their stories how they come up to build their small business from the start.
This store is located at Fatima Subdivision Pagatpat Cagayan de oro city. Mrs. Maria Linda Taclob a 48 year old is the inheritance owner.
according to aling Linda this store was started on March 4, 1998 when her mother retired from their work, so they decided to build this kind of business without knowing how to manage it. but as time goes by her mother knows the strategies to run this business by the help of her father and also her siblings. The family of aling linda help one another to run this business. The first income they come up was enough for them to feed the family and went to school. until such time the profit sold by multiple which makes the store expand and helps to finish their studies. there are times that multiple neighbors starting to build a "sari-sari store" near by, so the profit that they usually they come up everyday went slow. but the family of aling linda didn't stop because they know that every business must need to be more in patience and keep faith.
at the age of 15 aling linda lost her mother due to cancer and his father a year after. aling linda was the older of the family so she is the one who will manage the said store. she's trying to be like her mother strategies.
The biggest challenge that they experience was during this lockdown due to covid19 they didn't expected that this pandemic will make them suffer. but they still thankful they still have foods that stores in their house but when we talk about their business they really lost a lots of income profit during lockdown. they lost so many consumers and they closed their store for a couple of months. but now they continue and trying hard to gain what they lost. they never give up nor surrender.
The Story was very whelming.. so here's the suggestions for expound the business.
Starting a business requires analytical thinking, determined organization, and detailed record-keeping.
It’s important to be aware of your competition and either appropriate or improve upon their successful tactics.
You’ll almost certainly end up working harder for yourself than you would for someone else, so prepare to make sacrifices in your personal life when establishing your business.
Providing good service to your customers is crucial to gaining their loyalty and retaining their business.
















