Week 3-4 Insights
List of the insights that I gained from the interview:
1. Greens and Sweets
Being able to interview and knowing the story of Ms. Regina about her business, Greens and Sweets, gave us lessons and deeper insights into how business works.
While we were inside the Greens and Sweets, me and my groupmates felt welcomed and relaxed. Ms. Regina made the interview lighter, and she shared with us a lot of her experiences, from which we also learned a lot from her.
She shared with us that the inspiration behind her business was her hobby and passion for cooking during the pandemic. She even watched the whole season of Master Chef. It also helped that during the pandemic, her father was doing hydroponics with lettuce; then they were only selling it in a cup, but then she felt it was boring, so she thought of ways on how to elevate it since she knows how to cook.
We also learned about her marketing strategies back when her business is still starting. She chose Instagram for posting and promoting her product since, for her, Instagram is more aesthetic and it is more suited for her business at that time. Additionally, she said that if you want your business to have more exposure and for the general public to know about it, you can opt to promote it on Facebook.
She also made us feel at ease during the interview, she even said that she can also relate to us as she was also a student back then. As a kind gesture, she gave us their kani roll for free, making it an even more memorable experience.
2. Cuadro Ocho Incorporated
Cuadro Ocho Incorporated shows us new learnings and insights that we gained during our interview with them.
Cuadro Ocho Incorporated shows that a group of friends with a shared business vision can build something significant from humble beginnings. Starting from in Iligan, where they mainly sold lumber, they expanded into a fully hardware and construction materials company with 11 branches across different locations. It also shows that their success did not happen suddenly, they did careful planning, having the right legal documents like SEC registration and BIR certification to ensure their operations were legitimate.
The process of setting up a corporation like Cuadro Ocho Inc. involves a lot of legal documents, from the Articles of Incorporation to General Information Sheets (GIS), all of which are vital in maintaining transparency and legal compliance. These legal documents serve as a foundation and legitimacy, complying with the requirements of having a business.
Another insight that I gained is how they carefully consider the location of their stores. The foot traffic and parking are very important factors for them, especially the nature of their business, where heavy supplies often need to be transported. They clearly understand that choosing the right spot for a branch can make a big difference in customer convenience and sales.
3. FMN Agriculture Supply Inc.
The interview that we did for the FMN Agriculture Supply Inc. showed us the deeper importance of documents and insights about business.
Ms. Tato explained and shared with us the importance of complying with the legal documents and license for their business and also having business in general. Their having an FPA license aside from registering it with SEC and DTI, shows how crucial it is for businesses that are in line with agriculture to ensure compliance for the safety and well-being of their customers and the environment. It also demonstrates that they really ensure their products, like fertilizers and pesticides, meet safety and quality standards before they sell them.
Having certificates and trainings is also important to this business, as per Ms. Tato. Attending trainings and seminars from the Red Cross and BOSH shows how a business needs to invest in learning and training for their staff. This gives their staff knowledge and preparedness against potential emergencies and hazards. Additionally, their Fire Safety Inspection and Sanitary permit, and their annual renewal for their documents, permits, and licenses indicate how important proper documentation is for businesses. Staying updated with renewals to avoid any legal issues, complying, and maintaining its legitimate business.
4. Color Mix Paint Center
Color Mix Paint Center gave us lessons that we can learn from and insights that we can get from having a business.
Mrs. Cabatud shared to us that one time, she felt that there was much growth that could happen, and so she ventured and established two more branches of Color Mix Paint Center in other locations. Her vision was to increase the customer base and expand her business. However, she had some problems such as the sales problems that hinder the business from sustaining the branches operations.
Therefor, Mrs. Cabutad brought the resolve to shut both branches after a long and hard thinking. It was a disappointment but she did not let disappoint join her as she had learned to deal with disappointments realistically. Instead of letting this be a problem for her business, she decided to concentrate on developing her one branch. In doing so, she was able to cut down costs, and focus more time on delivering outstanding service to her clients at the core business.
Mrs. Cabatud story shows that it is not always a straight upward march for a business and, in some cases, the decision to downsize might just be the best course of action for further growth. Because of her flexibility and willingness to grow from the situation, Color Mix Paint Center can still be continued to be presented as a business.
5. Jay-Q Grains Rice Trading
Jay-Q Grains Rice Trading showed us that despite challenges, you can still continue to provide quality products, and I also gained insights from it.
From the receipt we saw during our interview with her, one of the Philippine Red Cross staff attended Occupational First Aid and Adult Basic Life Support with CPR training. This training ensure that their staff are ready for any emergencies that may occurred even though they are not into medical field. Moreover, Ms. Tagaro pointed out that their business documents must be updated on a yearly basis to ensure they pass legal requirements.
Ms. Tagaro also informed us about the problems of the rice trading business saying that the price level may vary depending on supply and demand. There are other traders who also offer rice within the area and, therefore, a threat to the company through placing pressure on the prices. Nevertheless, the following are the challenges that the firm face with regard to its operation, Jay-Q Grains Rice Trading, continues to operate with a commitment to providing quality rice and ensuring that it complies with all legal requirements.
- Being able to interview and know these businesses, I have learned that sometimes, starting small means you have to get out of your comfort zone and learn how to elevate things and deal with different legal documents for compliance. It is very inspiring to see how dedication, passion, perseverance, and hard work can lead to growth and success.
- J















