How to Start a Rice Retailing Business (Bigasan)?

Rice is the most basic need of Filipinos. It is the food we take in three times a day in order for us to survive. Beside of it, there are other foods as an alternative but still, rice is the best because it contains more nutrition.

Our country is one of the biggest producers of rice in Asia since farming is the most prevalent livelihood of our co-Filipinos. This product is very in demand to everybody, hence it is really a very good business to operate.

If you sense that you are handy to open a rice dealership business then open up your mind to the following tips below for you to follow.

FOR THE LEGAL REQUIREMENTS

The first and foremost thing to do is to register your business with the following agencies.
*For proprietor – Department of Trade and Industry
*For partnerships and corporations – Securities and Exchange Commission
*For cooperative members – Cooperative Union of the Philippines
The next step is to obtain a license from the National Food Authority (NFA) and after it, you are now ready to open a store.

LOCATION AND STORAGE

Location is very much important to consider. If your intent is to put up a rice dealership in your own barangay then it is better, this is also to avoid too much competition.  In order also to have a much bigger income, you may put-up you’re your store in public market or another populous area.
You should consider a good storage to keep away from Bol weevil (buk-bok) and from any unexpected calamities like a flood that cause damage or trouble to your operation.

EQUIPMENT AND SUPPLIES

Your store must be organized and clean so you need several rice boxes for your storage. In addition, you also need a big scooper and weighing scale, a push cart for easier flow of transport and sando bags with different sizes.

BE A RICE EXPERT

As a handler of this business, you should familiarize yourself with the different variety of rice including their prices. This will help you whether sell it with a kilo or per sack. Always remember that your supplier should be trusted into delegating a quality service.

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