Starting a Sari-Sari Store
- Do market research on potential locations and customers.
- Register your business and acquire permits.
- Pick a store location and set up your space. Stock your inventory.
- Manage inventory well by tracking sales and restocking.
Understanding Sari-Sari Stores
Sari-sari stores are small retail outlets found in neighborhoods and streets in the Philippines. They sell a variety of everyday necessities and play an important role in the local economy.
Legal Requirements for Operating a Sari-Sari Store
To operate a sari-sari store legally, you need to obtain a business permit and inform utility providers about your business activities.
- Secure requirements like DTI and SEC certificates.
- Apply for a permit at your city or municipal hall. Pay fees.
- Get an official receipt and claim your permit.
- Register with the BIR by preparing documents like DTI registration, lease contract, bank account details. Pay registration fee.
Consider seeking advice from financial professionals as your sari-sari store grows.