Sample Rice Retail Store Business Plan Template

 

rice business plan

The Company is the world’s richest and largest graduate-level student startup competition. It is hosted and organized by the Rice Alliance for Technology and Entrepreneurship, which is 's internationally-recognized initiative devoted to the support of entrepreneurship, and . RICE RETAILING BUSINESS PLAN EXAMPLE. Here is a free business plan for starting a rice retailer business. A rice retail store business is a business that can be started by virtually anyone. You do not need any form of experience, good business or educational background to start and run a rice retail store. Visit campus and discover if Rice has the right MBA program for you.


How to Start a Rice Business in the Philippines: A Beginner's Guide


In the Philippines where rice is eaten every day, starting a rice retailing business or bigasan makes a lot of sense. You have consumers who buy in great numbers and food establishments who order in bulk. Thus, becoming a rice dealer or retailer can net you good profits because of its daily demand.

Your first priority when starting a rice retailing business would be to secure a license from the National Food Authority NFA. They are the ones who will tell you if you are allowed to sell and distribute rice. You will be given an application form from a Licensing Officer LO after paying an application fee of P The last thing you need to do is prepare your equipment and facility to be inspected by NFA investigator and if approved, head back to the LO with your notice of inspection, official receipt and proof of compliance with deficiencies if any.

After acquiring an NFA license, your next step is to register your business. The NFA needs you to have the proper equipment for selling rice. You will need a calibrated weighing scale, white-painted rice boxes, rice business plan, and price tags that indicate the price of the rice per kilogram among other things. Other requirements include the classification, variety, and grade of the rice grain whether it is NFA or otherwise.

The rice business plan you choose should have the right target market, has heavy foot and vehicle traffic. The downside of selling rice is that it can spoil easily, and its quality will deteriorate in three months. So implement a first-in, first-out inventory method to optimize the shelf life of your rice and maintain its quality. Another thing you should take note are insects or bugs that eat rice, such as bukbok or grain weevils. Keep your storage area clean and sanitized.

Ask tips from your rice supplier as well on how to prevent infestation. List down all the rice suppliers you have nearby and develop good relations with them, this way you would be able to take discounts further down the road and even get referrals from them. Having a wide variety of rice will make it easy for customers to choose to do with your business since they have a lot of options to buy from you.

While this may be easy, consider making deals with large-scale businesses such as hotels, rice business plan, resorts, restaurants and small-scale businesses such as carenderias. By providing discounts to businesses, they would likely be more loyal to you and maybe even refer to you if they have other clients interested in buying rice in bulk.

Do you have a rice retailing business? Thank you. Tags: bigasanbigasan businessrice business planrice business profitrice dealer in nueva ecijarice retailing businessrice retailing business feasibility studyrice retailing project proposalrice supplier philippines.

Hi Mr. Thank you in advance. I am planing to set up a startup rice business K to1M budget in Philippines and need some guid. Ready To Rice business plan Rich. Updated: January 16, rice business plan, In the Philippines where rice is eaten every day, rice business plan, starting a rice retailing business or bigasan makes a lot of sense.

To help you succeed in this business, here are five important tips you should follow, rice business plan. Get an NFA license first. Buy proper equipment The NFA needs you to have the proper equipment for selling rice. Share on Facebook. Solomon Caasi Jr. July 17, rice business plan, at pm.

Ann Tejada says:. October 16, rice business plan, at pm. January 31, rice business plan, at am. Neminda Padmaperuma says:. February 19, at rice business plan. Maria Gracia C. Alarcon says:. September 11, at pm.

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Jones Graduate School of Business at Rice University

 

rice business plan

 

Jan 16,  · In the Philippines where rice is eaten every day, starting a rice retailing business or bigasan makes a lot of sense. You have consumers who buy in great numbers and food establishments who order in bulk. Thus, becoming a rice dealer or retailer can net you good profits because of its daily demand. And with [ ]. Rice has been a staple of Filipino diet since time immemorial. Therefore, opening a rice business in the Philippines can be a smart move. As with any other type of food business, there are two ways to make this happen. Either start your own rice retailing business or franchise an already established. The next subsection will be on how to start a rice distribution business. Starting a Rice Distribution Company – Sample Business Plan Template. 1. Carry out Feasibility Study-: In as much as any rice business have an available market, you still need to conduct a feasibility study on the demand of rice in your location. You need to find out if.