A NEW BUSINESS IDEA

Good day everyone!

As I mentioned on my previous post, I would give you some ideas on how to earn extra not just through the net but also some other legitimate "rakets" that we could take just to have an additional source of income. Well, I would like to share with you a new business venture that I together with my partner in life, Jojo - would take just to have another source of income. I would like to get a house of our own next year and having a business like this would definitely help pay the monthly amortization. Anyways, I just recently thought of putting up a small eatery in our previous store space in Sta. Mesa Manila. Yup, we would be back in our former store space which is currently being managed by my father. Well, my father decided to just give back to me all the things I left him for the store because he can't stay the whole day in the store anymore and is also having a hard time managing it. So, I just decided to come back and just use the space to put up a small food house. The original plan was to make a tapsilugan kiosk but I changed my mind as we are still not familiar in the ins and outs of the food business. We might need to start small instead, so I just decided to put up a small eatery. The eatery would sell agahan, tanghalian and hapunan and merienda as well. Agahan would start as early as 5 am till 8 am and would comprise of Filipino favorites such as longsilog, tapsilog, tocilog, hotsilog, sopas, champorado, pancit etc. Lunch would be available as early as 10 am til 2 pm which would normally comprise of 2 fried foods, a veggie and 2 meat viands. I would also open a bbq stall which would be open as early as 12 nn as well which would serve mostly grilled liempo and fish. Merienda would start at 2 pm to 6 pm which would include pancit, banana que, turon, tukneneng, siomai, squidball etc. I would also open a sandwich stall that would serve hotdog, ham, chicken, egg sandwiches. Lastly, dinner will be served at 6 pm till 10 pm - which would comprise of pork bbq's, a meat dish, a fish dish and a veggie dish. Though it's just a small space, I know the preparation would be tough. I am willing to shell out P20,000 for the starting capital plus P10,000 for operational expenses. We would need to hire 3 people to help us Jojo with the operations. We would hire papa to be our cook, Tita - my stepmom to manage the night shift operations and one assistant who would take care of the dishes and run errands for us. We would be giving then a hundred peso a day for that which means I would need to have a profit of more that P300/day so we could continue with the business. We'll gonna rent the store space for P1500/month and Jojo's transpo would cost him around a hundred per day. Well, by faith I know it would be feasible. By faith I know we'll gonna hit the P1000/day profit. Wish us luck!