One of the most challenging part of building a business is thinking of what business one should make in Philippine. Or One should not just put a business which they think has a potential, but also for a business that they will enjoy doing. Both the market and your own preference should work together. Personal preference on what kind of business a person must put up really matters. Choice of business must work hand in hand with what you like doing best, the need of the market, the location and of course, the initial capital. If one is lacking, it has a huge tendency of not celebrating its first year anniversary. Though there are some people who learns to like that business they have in time, that do not always happen. he Philippine business environment undoubtedly is characterized as having a boom and bust cycle. It has not been able to take off as compared to its neighboring countries. Now more than ever, the political and economic environment has become a big challenge for many local businesses. In spite, or because, of the current environment there are businesses that continue to prosper. On the one extreme are the large conglomerates that have the muscle to withstand major shocks and the on other are the smaller entrepreneurial ventures that are flexible and able to seize upon opportunities quickly. In Singapore because of the robust infrastructure not much weather interference in business operation. However in the Philippines are months that cover almost half of the year. They usually start from July to November. These are times when storms and typhoons often disrupt the regular flow of business. Moreover, these are often lean months because people would rather stay at home than go out shopping. So how do we prepare our business for the rainy days. Watch what people usually need on rainy days. It will be well to be a bit flexible with one’s business items and have them conform to what is presently the need of the majority. When classes are suspended, business items for kids and teenagers are down. Toys, school supplies, and sweet and delicacies, for instance, take a back seat during severe storms. Small businesses near schools experience reduced sales. In such cases, the best option is to go for what kids often do when kept indoors. It will be a good idea to have some DVD movies rented out along with some spicy food snacks or chips. And yes, don’t forget the ever present need, especially of young people, for mobile phone loads. When the weather gets more fierce and college classes and some offices are suspended, the best thing to have for business are quick-to-cook foods like canned foods and sardines, dried fish, eggs, and processed foods (native sausages or “longanisa,” dried beef of “tapa,” tocino), and the like. Rice, of course, is always good business, come rain or shine. Matches and candles are best sellers, too, so with batteries and cheap flashlights. And in such emergencies, mobile phone loads are again hot business items. And don’t forget pre-packed three or seven in one instant coffee sachets, and instant noodles. In the rainy season, selling some rain protection items will prove rewarding in business. Just have the necessities around, like light raincoats, light umbrellas (the kind that sell for P50), some slippers, and a few caps. Established businesses are likely to be in malls or big shopping centers where rains seldom affect business flow. In fact, people frequent the malls when rainy days are here instead of going on outings.
But with businesses that are just starting and can barely afford mall concessions, they are likely to be in street or road corners, intersections, along sidewalks, or in markets—inconvenient places to be on rainy days. With small and just-starting businesses the competitive edge is to be a bit flexible and cater to immediate needs.
Cotton battles weather challenges. (Focus Delta & River Cities).: An article from: Mississippi Business Journal
Change in Weather Challenges Car Dealerships.: An article from: Alaska Business Monthly
Rising above the challenges of extreme weather.(Engineering & Operations): An article from: Bulletin (Northwest Public Power Association)
Weather causes turf benefits, challenges for state's growers.(Crop Report): An article from: Mississippi Business Journal
Dressing for the weather: top supply chain challenges motivate action.: An article from: Industrial Engineer
Our Internet cafe, still in the process of renovation the first internet cafe to open in Guibang Gamu
