Description of business
Rice is an important primary staple food in Philippines like other Asian countries. Filipinos love to eat rice, which is being served almost three times a day in our tables. People in Luzon, some parts of Visayas and Mindanao usually consume 100 million metric tons of rice per year! This indicates that there is a high demand for this commodity in our country.
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RICE DEALER
Product Description : (type/kind/brand of rice. if applicable,specify if it's organic )
Price : (price per sack/kilo. specify if wholesale or retail terms)
Contact Info : (active email address or business phone no.)
Market analysis
Marketing plan
Location
Competition
Management operation
Personnel
Application and effect of loans or investments
Of course, in any kind of business feasibility study or the planning stage is always the first step to take. Ask yourself what kind of rice business you want: rice farming business, rice dealership business, rice mill business, and wholesale or retail rice selling business.
With rice farming business, obviously you will need a large parcel of land. You will need excellent irrigation system, the best seeds, the best fertilizers, the most effective pesticides, harvester, seeders and tractors for plowing the land. These are just the basic necessities of this kind of rice business for you to be able to start and eventually and hopefully sell after the harvest season.
Rice mill business is also a good rice business. You will need a huge barn or storage area for the produce that will be milled and that has been milled. You will also need to invest for a rice milling machine. Proper maintenance of the rice milling machine is very important in this kind of business. It is better to purchase a new one rather than a refurbished one.