Being your own boss and running your own business is not easy, but it definitely is a dream that most people work hard to achieve. If you have reached that point in your life, congratulations! Running your own shop will have its challenges, but the thrill of starting and being your own boss is exciting.

Here are some of the ways to have a headstart, although it is essential to remember that opening a shop and running it is not something that you can do overnight.

Start with having a good business plan

Before you start canvassing for commercial spaces here in Ortigas to open a shop, you should have a good business plan in place. This will be the heart and soul of your business and will serve as the machinery that will operate to help you achieve your goals.

First, it is important to have a business and know your field. Will you provide services? Are you planning on opening a retail shop? Or do you want to venture into the food business? You have to decide what business to do in order to have a concrete business plan.

Once you have it, setting up a goal, having a target niche, an excellent financial capital and learning how to operate a business follows.

A good location with traffic is integral

Once you have the ideas in place, then it is time to turn it to reality. Finding a good location with good foot traffic is very important. It does come with a price, though and therefore would require proper and accurate financial planning before getting into one.

Commercial spaces in Ortigas are sought after by business for this exact reason.

Store layout and feel attracts clients

Aside from the location of the shop, how it looks and feels inside is as important. A clean shop with an inviting ambiance will definitely attract more customers and would encourage them to revisit the place as compared to one that is not really appealing.

Also, a good store layout affects sales. The easier it is for people to navigate through your shop, the easier the shopping experience would be, and the more sales you can have.

The need for workforce

Inasmuch as you want to do everything from being a cashier, manager, to be a merchandiser and staff, you cannot. Therefore, considering the kind and amount of human resources you need is crucial when opening a store.

Not being able to provide quality service to your customers just because you lack people can reflect poorly on your business.

Extra services

Including extra services like gift wrapping for a retail shop, or ready meals and other food items for a restaurant business can help increase your shop’s sale. Also, people in the metro value convenience a lot and it is something you should take advantage of as a business.

It might seem overwhelming but knowing the things that you need to be prepared for when opening a shop is the key to help you have a good start. The better your starting foundation is, the easier it will be for you to run it.  

Here are some of the ways to have a headstart, although it is essential to remember that opening a shop and running it is not something that you can do overnight.

Start with having a good business plan

Before you start canvassing for commercial spaces here in Ortigas to open a shop, you should have a good business plan in place. This will be the heart and soul of your business and will serve as the machinery that will operate to help you achieve your goals.

First, it is important to have a business and know your field. Will you provide services? Are you planning on opening a retail shop? Or do you want to venture into the food business? You have to decide what business to do in order to have a concrete business plan.

Once you have it, setting up a goal, having a target niche, an excellent financial capital and learning how to operate a business follows.

A good location with traffic is integral

Once you have the ideas in place, then it is time to turn it to reality. Finding a good location with good foot traffic is very important. It does come with a price, though and therefore would require proper and accurate financial planning before getting into one.

Commercial spaces in Ortigas are sought after by business for this exact reason.

Store layout and feel attracts clients

Opening First Shop

Aside from the location of the shop, how it looks and feels inside is as important. A clean shop with an inviting ambiance will definitely attract more customers and would encourage them to revisit the place as compared to one that is not really appealing.

Also, a good store layout affects sales. The easier it is for people to navigate through your shop, the easier the shopping experience would be, and the more sales you can have.

The need for workforce

Inasmuch as you want to do everything from being a cashier, manager, to be a merchandiser and staff, you cannot. Therefore, considering the kind and amount of human resources you need is crucial when opening a store.

Not being able to provide quality service to your customers just because you lack people can reflect poorly on your business.

Extra services

Including extra services like gift wrapping for a retail shop, or ready meals and other food items for a restaurant business can help increase your shop’s sale. Also, people in the metro value convenience a lot and it is something you should take advantage of as a business.

It might seem overwhelming but knowing the things that you need to be prepared for when opening a shop is the key to help you have a good start. The better your starting foundation is, the easier it will be for you to run it.