Holiday brings joy to the atmosphere most especially to students but not just that it also gives joy to the small businesses. As you could see during those holidays a lot of people open their stalls and other establishment. What’s the reason that they want to open small business? Is there possibility that they would grow? Or they would just be having a profit lost. For me it’s a best day to start because for sure a lot of tourist, balik-bayan and even other people would drop by in your place, because their traveling it is something motivated them on opening small businesses. But their pros and cons in that situation that we really need to consider and analyze. We should not carelessly open business without the assurance of its survival and worst of all the loss of its capital. So it should be Holiday! A business way! So you must consider a lot of things before concluding into it.
What to open?
When starting a business it goes a lot of process and consideration. It may have the consideration of the place, the future buyers and even the budget. Why we need to consider the place in opening a business? Because it matters the most, don’t tell me you will sold ice creams on the Antarctic or even in Sahara it sound okay but how could an ice cream not be melted in the dessert. It is a common sense that what you will be selling is appropriate considering the place. Second your parishioners you must consider what bracket of people you will be dealing with. Third, budget do you have that budget to open a bar? Or you can just afford opening a set in food chain? The thing mention earlier are just the things we need to look into before opening a business to avoid problem that would arise and may affect the business that we would be opening.
What to avoid?
There are a lot of things that you need to be taken seriously to avoid problems when opening a small scale business. This is to insure you that you will be competitive in your chosen business. First avoid choosing uncommon and not known products especially foods and beverages. It may cause the parishioners to neglect your business because they don’t know what you are selling. Second if that product exist find another product to offer avoid copying. Third deliver best service because service is one of the reasons you a person continues patronizing your business it is something you need to avoid so that you could be competitive in the business you have chosen.
Opening business in the holidays may sounds a good idea but you don’t know what hardships and consequences it entails so you better plan ahead so that you could see whether that business would make a blast on the holiday or it will blast into profit loss and might make your business collapse. So better choose and decide wisely.