Retail or Wholesale Rice Selling


Posted by Manny on July 21st, 2007

selling ricePlanning to start a business by selling rice? You too can start a rice dealership by registering with the Department of Trade and Industry(DTI) for a single proprietorship, the Securities and Exchange Commissions(SEC) for a partnership or a corporation, or to the Cooperative Union of the Philippines if you are a member of a cooperative. You must also secure a license from the National Food Authority(NFA), the government agency that makes sure you have calibrated weighing scales, a storage area, rice boxes, and price tags indicating the variety of rice you’re selling. You also have to produce a green signboard bearing the name of your business and the NFA control number that’s at least 450 mm in width, 750 mm in length, and containing the NFA seal and your license is renewed annually.

You need a minimum investment of php30,000 to start retailing or wholesaling rice. And since this is a staple diet of us Filipinos, buyers are already there. If you are eager to start then here are some rice dealership business tips:

  • Build a good storage Bukbok or bol weevil is a natural enemy of rice because it is 90 percent starch. They make rice powdery so make sure you manage your warehouse properly.
  • First in first out policy – you should keep track of your inventory. The quality of rice will deteriorate if the storage exceeds three months.
  • Choose a good location – Study the area where you intend to set up your business. Know its consumers, their buying habits and your possible competitors. This will help you decide which varieties of rice to carry.
  • Deliver quality – Earn your customers trust by offering quality rice at all times.
  • Carry several varieties – to attract customers, they should see many choices but usually low cost rice is the top seller in the wet market.
  • Be prepared to loose – On some days you don’t make any sales, but hang on and persevere. There’s always tomorrow.
  • Invest in marketing – Call companies and sometimes get them through referrals. Marketing is important to your business. There are some long-term accounts when they were gone for some reason, so make sure you tap other clients to replace them.
  • Get insurance – You need cargo insurance when transporting your goods. Because sometimes there may be hijack and theft from people who climb trucks.
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Posted by Manny

Manny Montala was an online entrepreneur who enjoys blogging about entrepreneurship and gathering information for his blog to help budding entrepreneurs. Like this post? Why not share it with your friends on Facebook, Twitter, Google plus, LinkedIn and Pinterest? Scroll up and see social icons above then click and share!


411 Responses to “Retail or Wholesale Rice Selling”

  1. Emmanuel Ibarra says:

    Good day po sa inyong lahat, itatanong ko lang po sana kung may kilala po kayong nagdedeliver ng bigas sa probinsiya ng Iba,Zambales, mas mababa po yata kasi yung presyo ng nagdedelver kumpara samga nagtitinda sa palengke. pang business din po kasi namen.

    Pls.advice po sana.

    Maraming salamat po.

    GOD bless us all.,

  2. Guiller Jed says:

    Hi everyone! We our supplying Bigas to retailers/dealers. Pure (no mix) at a reasonable price. For those who are starting and want to have a supplier preferably in Laguna Area. Email me at guillerjedbecina@gmail.com. Thank you. Im Looking forward to do business with you.

  3. cheatrode says:

    Good Day,

    Can anyone give me price list of rice… balak ko po kc mag rice retailer po eh… thanks..

    cheatrode_18@yahoo.com

  4. Abbe Yeh says:

    Hello everyone, Im from Nueva Ecija and im planning to put up a rice retailing store, i am looking for wholesaler n a pwede po na magbigay sa akin ng good deal
    thank you
    09222652708

  5. lheny says:

    Hi good day to everyone! Im lheny from cavite.pls kindly help me naman po how to get a good supplier of rice.pabalik na po kase ako ng pinas for settle na po kaya naisipan ko po mav open ng wholesalers rice.pls give me some idea. And pakisend nadin po ang price list.am planing to start 150 cavans.thanks
    Mhlmarch15@yahoo.com

  6. Mhakki says:

    @ciara. Hi! Im from pampanga and im interested to have a small business like rice retailing. pls send me the latest pricelist and delivery charge and magkano pwede ibenta per sack. Thanks.

  7. aireen evangelista says:

    to ciara pls e-mail me your latest price list and delivery charge in nueva ecija. aireen712003@yahoo.com

  8. rlin says:

    Hello everyone!

    Im planning to put up rice store here in Quezon City area.. im new in this kind of business kaya nagstart pa lang po talaga ko magresearch kung maganda ba ang rice business…im now currently looking for a supplier to know kung magkano ang price ng rice per sack per kind/class. Please help! Thanks!

    Please email me at: gagbiz@yahoo.com

  9. Arlene says:

    Hi Ciara,

    please email me your best price for retailer at agmartirez@yahoo.ca

  10. Donna DLS says:

    Hi, we are planning to start a wholesale/retailing rice business in Imus, Cavite or San Mateo, Rizal. Any interested suppliers near Cavite and Rizal. Please send me your price list on different rice variety at norman.operations@gmail.com

  11. pancho fuentes says:

    sir/mam hingi po sana ako ng help gusto ko magsimula ng march 2014 ng bigasan meron naman po ako puhunan kailagan ko lng contact ng pag kukuhanan salamat po