Strengths
 The store was situated close to the
road.
 Budgeting for salaries is
unnecessary because the family is
capable of handling it.
 They can purchase items for a
very affordable price.
 The store will become well –
known as a result of many people,
particularly students, endorsing it
as good and reasonably price.
 The service was good and the
owner and staffs are
approachable.
Opportunities
 Due to the distance between the
barangay and the market, sales
were substantially higher because
people could buy larger quantities.
 Some trendy clothes,bags,and shoes
are availabe at the store.
 There are a number of options
available when it comes to purchasing
clothing, school supplies, some
animal food, and other daily
necessities.
 Due to the low retail price of animal
feeds, many people are purchasing a
few sacks in order to prevent
themselves from traveling to a
marketplace.
 The store will enhance its strategy
and be able to make it more stable
and appealing as time goes on as a
result of the new methods that are
being applied
Weaknesses
 It was difficult to locate the store if
someone wanted to make a
purchase or visit.
 The stores are just close to one
another and compete fiercely in
selling.
 The transportation is quite
expensive and it is distant from the
market where can get stocks for
the store.
 Sales may decrease as a result of
the location’s difficulty to locate it.
 There are just a few sales
everyday if neighbors are far from
the store because of the distance
between each other.
Threats
 Due to the fact that people don't always
need to buy clothes or school supplies
and that they have a variety of other
places to shop, the sales are not always
substantial.
 Increased regulations and taxes on small
businesses
 New investors will open a new business
that can provide additional high-quality
goods and services.
 The product will increase when gas prices
rise.
 Because it is often raining in our area,
people rarely visit the store.
 Political and Legal
 Government policies can positively
impact businesses by promoting
economic growth and reducing
operational costs through tax
incentives, deregulation, and
infrastructure investments.
Supportive political groups
advocate for pro-business policies
and market-friendly regulations,
while negative policies like
excessive taxation, stringent
regulations, and political instability
can hinder growth. A stable political
environment and policies promoting
entrepreneurship and innovation
are generally more favorable for
businesses.
 The political environment's stability
varies significantly across countries
and regions, with some regions
experiencing predictable and stable
conditions, while others experience
frequent instability and changes,
causing increased uncertainty for
businesses. It's crucial for the
businesses to assess operating
locations' political context and
adapt strategies, considering
factors like upcoming elections,
government policies, and political
events that can influence the level
of political stability and impact on
business operations..
Social
 Customers' beliefs and values
influence their buying habits by
shaping their preferences and
priorities. These beliefs can include
environmental concerns, social
responsibility, or personal health.
Customers are more likely to
support businesses that align with
their values and beliefs, leading to
choices that reflect their ethical and
moral considerations.
Understanding and catering to
these beliefs can help businesses
build trust and establish lasting
relationships with their customers.
 Cultural trends and human
behavior play a significant role in
business as they impact consumer
preferences, buying decisions, and
market dynamics. Understanding
cultural trends allows businesses to
Economic
 Sometimes the budget will run
short if the prices of the items
increase since the source of the
products is additionally rising in
price. If the prices of the products
increase, their selling price will go
up as well.
 Economic factors like inflation can
affect pricing by increasing
production costs, leading to higher
prices for consumers. Interest rates
impact borrowing costs for
businesses, affecting both revenue
and costs depending on their
financing structure.Overall,
economic factors have a direct
impact on pricing, revenues, and
costs, and businesses must
carefully manage these dynamics
to maintain profitability.
 Due to the ongoing increase in
market prices for goods and
products, small business owners
will also raise their prices to avoid
creating a deficit.
Technological
 Refrigerators and freezers, which
can assist preserve and store
products to last longer, as well as
CCTV for store security are among
the technical developments that are
currently available in the store.
 Technology can positively impact
operations in a small business like
a sari-sari store by streamlining
inventory management through
digital tools allowing to make the
products and goods more efficient
and fresh. Automation can save
time on repetitive tasks, allowing
for more focus on customer service
and business growth. However,
technology can enhance efficiency,
customer engagement, and overall
profitability in small businesses like
sari-sari stores.
tailor their products, marketing
strategies, and messaging to
resonate with specific target
audiences. Human behavior, such
as impulse buying or loyalty to
certain brands, influences how
products are marketed and sold.
Additionally, shifts in cultural
values, lifestyles, and societal
norms can create new business
opportunities and challenges.
Staying attuned to these trends and
behaviors is essential for adapting
and thriving in a constantly evolving
marketplace.