Small Business Ideas For Beginners Philippines – The desire to start or grow their own business motivates many Filipinos to leave their nine-to-five jobs. If you find yourself in such a position, this collection of business ideas for small business ideas in the Philippines can help you.
Indeed, many Filipinos yearn for the freedom that comes when they serve only themselves. People who own their own businesses have the opportunity to increase their income beyond what they can earn in a traditional 9 to 5 job. Of course, not everyone has the luxury of being able to retire as easily as OFVs like us, so owning a small business in the Philippines can help save money and secure the future from uncertainty.
Small Business Ideas For Beginners Philippines
You need between £2,000 and £5,000 to start a food business from your home kitchen. You can also sell your products to people who live near your home.
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You can serve everything from breakfast staples to popular lunch dishes at your merienda spot. Filipino dishes you can serve include lugav, palabok, puto, biko, fish, quek-quek, banana-cue and more. It is possible to make good money from this in the Philippines. 2. E-takeover of business
A home e-loading business can be started for as little as $5,000 Just equip yourself with a cheap phone, a SIM card from the dealer, and $5,000 and you’re good to go. You can expand your e-shipping company by combining it with another home business, such as a sari-sari store or bill payment business.
Your commission as a sales fee ranges between 3% to 13%. It’s not much, but it’s enough to start a business in the Philippines if you’re not ready to quit your day job and already have a successful online business.
3. A plant or flower plant
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Do you have a green thumb and a passion for growing new plants from seed? Selling drives is one of the best low-cost businesses you can start in the Philippines.
If you have a suitable location in an accessible area, such as on a highway, you can set up your own nursery or plant shop and display your plants for sale. Starting an online plant store is another viable option. Less infrastructure is required and you can still reach a target audience interested in urban gardening online.
Start with a small cactus and succulents. From a trusted seller, you can get 30 pieces for less than P2,000. If you are looking for a reliable seller outside of Metro Manila, you can get incredible discounts on popular plants in the Philippines, such as marigolds for ₱50, forget-me-nots for ₱100, or orchids for ₱130 each. Snake plants and lemons can be bought for between P100 and P200. Likewise, cash crops, aglaonema and economic crops can be bought for less than P500.
When deciding which types of plants to sell, it’s important to consider how much care they require. Start with a few plants that you know will do well and have a large market. 4. The business of selling rice
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It is safe to assume that every Filipino eats at least one serving of rice every day. For many years, rice was the main form of all food. It is a good idea to start selling rice as a commodity. A large number of potential customers is essential for the success of this company.5. Sari-Sari store
There is nothing too gentle about the idea of opening a sari-sari shop. We’ve trusted this little shop, with everything from cleaning to our takeout to our dining room, for years. Additionally, it is one of the most profitable industries in the Philippines. If you have a small pantry in your home, you might want to start it up.
It won’t cost you more than a few thousand pesos to set up shop in the sari-sari business. Depending on where you live, you can earn up to £15,000 every day. Profits from your small sari-sari store can quickly increase if you invest the time and effort to expand into a full grocery store.
Consider selling fruits and vegetables as a low investment business option in the Philippines. Not only are there many local farmers, but it doesn’t take long to get started. An initial budget of less than P20,000 is also possible.6. Sale of fruits and vegetables
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To start selling fruits and vegetables, all you need to do is collect your supplies, set your prices and advertise your business either locally or online. Fruits including mangoes, bananas and apples are the most important fruits in the Philippines. Vegetables are an important part of many dishes; make sure you have the most popular ones.
Cauliflower, broccoli, lettuce, potatoes, carrots, seedless grapes and more can be marketed to target a wider audience (vegetarians, health nuts, etc.). 7. Palamig business
Want to start a business on a budget? One of the best businesses you can start in the Philippines is selling frozen drinks. Filipinos, especially during the summer, are crazy about ice cold milk tea, coffee and fruit drinks. You can open a liquor business with as little as P500.
Are sweet cakes and cupcakes something you usually look for? In the Philippines, your hobby can become a successful business. If you have culinary skills, you should consider making a living selling your delicious creations. Since you don’t have to invest in expensive machines, you can start your own business if you still want to buy baking machines, this money can add up to P50,000.9. It’s a tough job
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Often the best place to stop for a barbecue or grill is in front of your home, especially if you live in a busy area with a lot of foot traffic. Your customers may be neighbors, passers-by, or those passing by your barbecue stand.
The amount you need to invest will vary depending on your product line and grilling preferences. You only need P3,000 to start selling popular brands like isav, betamak and adidas.
If you want to sell pork chops, chicken or seafood, you will need more income. Always choose a reliable seller who sells only top quality products. Plus, your marinades and dipping sauces are what keep people coming back, so they’re perfect for that!
What you may think of as a simple hobby or hobby can be a great source of income. You can turn it into another source of income by opening an online store. And when it’s easy, you can rent a stand and sell at markets and congresses. 11. Employment service
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Many employment agencies are established by former OFVs with the aim of helping others become OFVs themselves. For this, however, it is important that you start building your links now. A good network is essential for this business to be profitable and reliable.
Another business that requires good relationships, starting a travel company ⸺ especially with packages targeting countries you already know ⸺ is another good way to leverage your status as an OFV. Start by familiarizing yourself with transportation services and tourist attractions. 13. Trader
Today, many companies offer product suppliers. Finding a dealer with the product means you can buy it at a lower price to sell at a later price. If you can match the product with the right market, this can be a good way to make money. 14. Franchising
When franchising an established brand, whether it’s a simple grocery store, convenience store or restaurant, it’s important to study the franchise carefully and compare it to the market needs of the area in which you want to operate. 15. Real estate
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Buying and selling real estate is very lucrative. With the right investment and sales, real estate is a popular business. The price of the property will also increase, so you can get it while you sleep. 16. Stock Trading
What better way to invest in Philippine companies than buying stocks? With thorough research, retail stores are profitable. With large established companies, it is even more profitable to just buy them. Receiving dividends is a low-risk way of earning.
There are many other ways to earn money. The possibilities are almost endless. They can match or exceed the cost of working abroad. A regular salary does not have to mean eight or more hours of hard work, working for the boss. You can be your own boss and control how you use your resources.
The best part is that when you have other opportunities to earn money, you become a manager of your time. But, this can only happen if you start investing wisely right away Conclusion
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It is important that we spend our money wisely because we will not be young forever. There will be times when the same job that we can do now may not work for us in the future. Besides, who would want to be
