Families use them for birthdays, anniversaries, graduations, and other occasions. Orders can surge during election periods for campaign shirts and holiday season for customized shirts as gifts and giveaways. I don’t know if it is a piece of concrete information but I believed with what that person had told me because I also noticed it. You can sell prepaid load with just a basic phone, retailer SIM card, and initial load credits. As a business owner, you get to make a decent income while being your own boss. If you’ve had a long and successful career as a VA, increase your earning potential by providing virtual assistance outsourcing services to overseas companies and entrepreneurs. Ecommerce Business In The Philippines Cons: Requires sewing skills and equipment for alterations to match customers’ sizes. Ideal for: New entrepreneurs and former taxi or ride-hailing drivers. Guitar teachers charge from Php 8,000 to Php 15,000 per 12 lessons (one hour each). In this guide, you'll learn how much you need to pay to reap the full benefits of PhilHealth and indirectly help others who need medical care. Have you noticed “buy and sell groups on Facebook “? Affordable cold treats like ice candies are a hit among kids and adults to beat the summer heat. Investing time and money for CCTV installation and management training for yourself and your technicians. So is the demand for car wash services. Why it’s a profitable business: Parcel and food deliveries are growing in popularity nowadays, and so is the demand for motorcycle and bicycle couriers. Stay-at-home moms and office employees looking to earn extra income from home. Travel agencies earn as much as Php 80,000 during low season to Php 200,000 per month during peak season through commissions and markups for every closed sale. The constant need for the storage area to be kept clean to avoid pests. Small business ideas with low capital. Competition with nearby sari-sari stores. And then that particular person who’s searching about “Huawei Nova 7i” landed on your blog post where your affiliate links are placed, that person clicks the link, buy the item, and boom you make a commission. 7. Why it’s a profitable business: There’ll always be customers willing to shell out money to keep their pets clean and well-groomed. Facebook; Twitter; LinkedIn ; Now is the best time to start a business. Also, don’t forget to prepare the Articles of Incorporation as many banks in the Philippines are meticulous and will ask for the document before opening an account. Why it’s a profitable business idea: Computer troubles due to viruses, malware, or mechanical wear happen to everyone. Facebook; Twitter; LinkedIn ; Now is the best time to start a business. People who enjoy restoring shoes and other leather goods and want to make money out of it. Ideal for: Stay-at-home moms who love baking and want to turn their hobby into a home-based business. Fried Chicken is a close second to hamburgers as the most popular food item in the Philippines. People looking to earn extra cash every summer, Draws in a lot of health-conscious consumers, Profitable in locations with good foot traffic, : Can’t stock too many fruits, as they easily spoil, Starting a junk shop or scrap trading business is a great opportunity to convert the trash into cash. If you have had technical training from TESDA, you can also take advantage of it by opening a business based on the skills you learned. Growing processed meat consumption in the Philippines that raises the demand for easy-to-cook products like longganisa, tocino, tapa, hotdog, and ham. In fact, would you believe that with just PHP 1,000, you can start your own business? Its recent popularity comes from offering a convenient way to eat healthy, with low-calorie meals delivered right in the customer’s home or office. Formulate your own and hit it big like what Happy Skin did. To choose the right business idea, you have to factor in your passion, skills, experience, and the current demand in the market. Why it’s a profitable business idea: Got too many books on your shelves? Thnkx. But for enterprising Filipinos, this can be a potentially profitable venture, as eco-friendly PUVs are expected to replace the old traditional jeepneys that will soon be phased out24. Enterprising Pinoys with knowledge in graphic design and operating printing equipment, Can start with a small investment and then scale up later on, Doesn’t require a large space for the printing equipment, Risk of reduced productivity and sales when printing equipment fails to work. Run a garage sale on weekends when buyers are usually available to visit your home. No need for special skills, training, and equipment; only a motorcycle or car is enough for starting the business. Requires a lot of patience, as some items don’t get sold immediately due to low demand. If it sells well, you can add more items to your menu (like kakanin and snacks) and eventually grow your business. Php 1,000 to Php 3,000 (starters/home-based) to Php 40,000 to Php 99,000 (food cart franchise). Foreign and local travelers prefer booking their accommodations via Airbnb because of its cheaper rates than hotels. Starting this venture won’t cost you a lot because the materials are readily available in your home or from neighbors: plastic bottles, plastic wrappers, old clothes, and other common household items. There’ll always be customers willing to shell out money to keep their pets clean and well-groomed. Just like what I have mentioned above, I’m only going to share with you things that I personally do, and in our case here, a small business that I have experience with, and find it a great option to get started creating your first very own business. Even hobbies as obscure as collecting old toys may also profit from a buy-and-sell business model. Whether you’re a college student looking for extra income, a corporate employee who is sick of running the rat race, or a housewife who wants to supplement your husband’s income, finding a winning business idea is the first step towards achieving financial freedom. Millennials these days have become more conscious of their health, and yoga is one of the popular ways to achieve a fit and healthy body. Why it’s a profitable business: Ever considered becoming a full-time professional blogger? Kasambahays who have saved enough capital to, Easy business to start with a low startup cost, The challenge of finding your first clients, especially if you’ll target commercial clients. Pros only choose those that are in line with their passion, core gifts, and values. Even if you’re just seeing it and do nothing I’m still earning, and I will earn more money once you clicked it. You can offer your services to working professionals and students who rent an apartment or condo and have no time to clean their space. Studies show that there are 67 million internet users in Philippines and for social media, the numbers are same. Does not need to have a specialized degree or to be licensed, as the industry is unregulated in the country. This will help you make a better decision on the franchise to buy. Licensed interior designers who are considering self-employment, Profitable business if you have connections with real estate agents, architects, and reliable suppliers and contractors, Opportunity to pursue your passion for interior design while making money from it, Requires education, training, and experience, which can take time. Hairstylists, hairdressers, or beauty enthusiasts who want to start their own business, Profitable business if it’s in a high-foot-traffic location, The fulfillment of helping people feel great about themselves, Can start offering salon services from home, Need to be constantly updated on the latest hairstyle trends, products, and services, Need to adequately and regularly train personnel, as well as purchase high-quality hair products, to avoid unpleasant results like damaged hair and skin rashes. Indeed, starting a new business in the Philippines can be challenging but it doesn’t mean you have to give up this early. Free TESDA automotive courses for those who want to start an auto repair shop. Why it’s a profitable business: There’s a market for guitar lessons in the Philippines. Beauty Products Reselling Business. Can be started from home by grooming your neighbors’ pets. Less prone to theft than conventional internet cafes, as PisoNet coin boxes have locks. On a national scale, this can be a very demanding endeavor. Php 30,000 to Php 100,000 (for a motorcycle). Why it’s a profitable business: The Philippine meat processing industry has been growing in recent years5, offering a lucrative business opportunity. Around Php 50,000 (for a smartphone or digital camera, laptop, and website). Dealing with customer complaints due to product defects, delivery delays, and other issues. v. Trading industries include the sari-sari store and other businesses that profit through a simple buy-and-sell transaction. а. Even with tight competition, water refilling stations enjoy a steady income. Why it’s a profitable business: If you love to tinker with cars, a talyer makes a good small business idea. Why it’s a profitable business: Small eateries, locally known as carinderia or turo-turo, are still the go-to places for customers looking for cheap home-cooked meals. How to Find the Best Small Business Ideas in the Philippines with High Profit: 3 Steps. 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