Nowadays, a lot of people are realizing that starting a small business is their best chance of building a strong and stable source of income, especially for OFW’s like me. One particular small business that is gaining a lot of favor with entrepreneurs in the Philippines is the milk tea shop, also known as the bubble tea shop.
The timing is right, for one thing, as more and more people are becoming increasingly conscious of the healthiness of what they put into their mouths, resulting in many consumers seeking healthier alternatives to staple drinks such as coffee and high-sugar smoothies. Furthermore, the location is ideal for bubble tea businesses: the Philippines being a tropical country, its sweltering climate often compels people to seek refuge in air-conditioned rooms as well as respite in a cool drink. Chilled, healthy bubble teas can hit the spot for a lot of Philippine customers, especially if the businessman plays his cards right.
What are those cards, though? The first card or requirement if you want to be a milk tea supplier Manila is a good location. Before you even begin to start searching for suppliers for the equipment and ingredients you need for the business, you need to have an idea already of where you plan to operate. Location can determine a great deal of your success, as some places just naturally draw more customers than others.
For example, busy malls and shopping districts tend to demand higher rent from vendors for this reason. That said, you do not have to aim for the most expensive spots or stalls from the start: if you are smart and ask yourself questions such as where would people be most likely to buy a cool drink of bubble tea at the price you are setting, you can easily find a good spot from which to conduct business.
The next order of business for future milk tea suppliers in Manila is to put together a solid business plan that covers every aspect of the day-to-day operations of the enterprise. From getting the equipment and collecting supplies to deciding who does what at the shop as well as figuring out how to teach employees to operate the machinery, you have to consider all of these in advance if you want your venture to succeed.
If you are having trouble with the training part of the enterprise, you can get in touch with companies such as Popular Household Names Inc. When I started out back a year ago, it was really hard to find suppliers. I just got back and I wanted to make a good investment. It was great that I eventually found them.
The company acts as a central resource for businessmen in Manila who want to open tea shops, providing training too for the employees of such shops. As a matter of fact, you can turn to PHNI for the last element required for your milk tea business: the equipment and actual ingredients as well as other items required for the shop. From pearl tea straws and cups to the sealing equipment you need for your business, the company can supply all of your requirements at affordable prices. Once you have everything together, you can then go on to open your bubble tea shop and start reaping the rewards of your efforts. They have a new website here if you want to look at what they are offering.
Good luck! There’s probably a lot of opportunity in your place so take a look!
BTW, I opted to start a brand of my own instead of franchising one.
PS. I found recent publications about the business: