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Negosyo Tayo | Restobar business

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Transcript
00:00The former OFW in the United States has now established his own bar and restaurant, Tito Orya, here in the Philippines with his friends.
00:09Let's find out his business story here in Negosyo Tayo.
00:14I am Tito Orya, the co-owner of a bar and restaurant located here in Ortigas, Pasig.
00:20We are a group of friends and we thought that we should have a place to hang out.
00:32If we want, we can just have coffee.
00:34Eventually, why not make a full bar and restaurant?
00:38Our original plan is Italian-American food.
00:42But of course, because it's a bar, people are looking for traditional Filipino recipes that can also be used as food.
00:51We have an acoustic band every weekend.
00:55Of course, because it's a bar, it also has a variety of drinks.
01:01We have friends from different areas of our work, but personally, I worked in the US and became part of a restaurant before.
01:09That's why I have a little background in setting up a bar and restaurant.
01:14Actually, my staff and my crew are all chefs from my previous restaurant.
01:19So it's very similar.
01:21That's why I have a little background in setting up a bar and restaurant.
01:25The usual challenges, for example, the permits.
01:29You really need to be detailed.
01:31You need to be patient in filling in the forms.
01:36In terms of pricing, you also need to know how and where you will get your ingredients.
01:43Even the salt, you need to know where it is the cheapest.
01:48One of my partners, I've known since 1989.
01:51So even if we fight, even before, after a few minutes, it's okay.
01:58So we already know the nature of each other.
02:00We developed respect for each other's opinions.
02:03At the same time, we have our own coherence.
02:05So for example, I'm in operations.
02:07One is in construction.
02:09One is in external affairs.
02:11One is in marketing.
02:12So for example, I'm in operations.
02:14One is in construction.
02:16One is in external relations.
02:18So in our experience, it's better if you have a concept.
02:23For example, we are a 90s themed bar.
02:27So at least we have customers who are capturing.
02:30Price point, you also need that.
02:33Your prices need to be competitive.
02:35The service needs to be fast.
02:37So you also need to train your crew and staff.
02:39So that the service they provide to the guests will be efficient.
02:43So that the guests will come back, of course.
02:45In life now, it's a bit difficult.
02:48For example, you just rely on one source of income.
02:51So it's better if you have additional sources of income.
02:55At the same time, you also generate employment to other people.
02:58It's really good.
03:00It's good for the economy, it's good for your personal finance.
03:02So it's really good if we can do business.
03:04It's better than just relying on one source of income.
03:11That's why, let's do business!