10 cheap haunts for your business venture
The best bargain places to buy your raw materials from
May 12, 2010 13:00 pm
The need to find cheap raw materials is among the top priorities of any entrepreneur. But in the Philippines, there are a number of places where one can find a treasure trove of ingredients, materials or products at bargain prices.
We list them down here:
1. Divisoria, Manila [See A simple guide to finding what you need in the bustling shopping district here ]
At Divisoria, bargain hunters and entrepreneurs alike can find raw materials [See Find out what charges you need to consider when importing raw materials here ] of finished goods at rock-bottom prices. Hundreds of stores and stalls sell every imaginable product- from fresh farm produce and processed foods to seasonings, flavors and kitchen and baking equipment; from the latest in textiles and fashion apparel to the whole gamut of personal care products; from school and office supplies to cell phones and other gadgets; from toys and trinkets to hardware, furniture and home office decor; and from dyes and chemicals to sewing needs and fishing equipment.
Where to go:Tutuban Centermall, New Divisoria Mall, KP Tower, 168 Mall and Meisic Mall, Tabora St., Ylaya St., and Ongpin St.
Additional info: Whatever business an entrepreneur is engaged in--buy and sell [See Buy and Sell as one of the 29 Sideline businesses worth venturing into here ] , manufacturing, services, and the like -Divisoria could hold the key to its success. It's an accessible trading center where shop owners are willing to haggle down to the last peso, where it's indeed cheaper to buy by the dozen, and where entrepreneurs [See Entrepreneurs give 'wishlist' for RP's next leaders here ] themselves can learn the very basics of running an enterprise: creating a customer and making the sale.
2. Monumento, Caloocan City
Monumento is considered the gateway to North Luzon, being the endpoint of several major Metro Manila roads, including EDSA, Rizal Avenue, and MacArthur Highway. Monumento also hosts the terminal of Victory Liner and other big bus operators.
Where to go: Ever Gotesco Grand Central near the junction itself. Stalls along the stretch of Rizal Avenue offer a mammoth inventory of items at half their prices in malls [See How to get that coveted spot in a mall here ].
Additional info: Even if you only have P500, for instance, you can buy a pair of jeans (P150 to P200), a blouse or shirt (P50 to P150), and a pair of shoes or sandals (P150) - the same price range as Divisoria's.
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