Cons: Requires a lot of patience, as some items don’t get sold immediately due to low demand. Having a home repair service gives you two advantages over the usual computer repair stores. Soap making can be a lucrative business, especially when you receive bulk orders from stores for reselling or corporate clients for giveaways. Here is a short list of the top 10 business ideas in the Philippines. Why it’s a profitable business: Take advantage of the Filipinos’ tingi culture and obsession with smartphones and social media by opening a Piso Wi-Fi business that provides affordable internet access. 2. The key is to start your business with low-cost, refurbished or second-hand photocopying machines. Why it’s a profitable business idea: Do you love makeup? It’s a lucrative business once you’ve acquired repeat customers who are happy with the quality of your service and may get you new clients through word of mouth. There are plenty of opportunities for anyone who plans to enter this industry. 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. Ideal for: Knowledgeable and experienced people in home repair and maintenance. Vloggers get paid per click or view of ads placed on their YouTube videos. Log In. If you ask even the locals about... 2. There are hobbyists and health-conscious millennials who can’t afford to get their own bikes yet—they can be your customers. Laundry shops sprout like mushrooms in condo communities and residential areas in Metro Manila where working professionals barely have the time and space to do their own laundry. Every month, subscribers receive specially designed gift boxes packed with goodies based on their likes and interests. You need to contract licensed veterinarian, certified pet handlers, and experienced pet groomers. You could charge at least PHP 40 per errand, so if you do 5 or 10 a day, you could earn PHP 200 or PHP 400. New entrepreneurs who are willing to work long hours to maximize profits. Business & Economy Website. Why it’s a profitable business idea: Feeling crafty? People with good fashion sense who want to start a clothing shop but without space for a physical store. Therefore, it is not a labour-intensive operation. Why it’s a profitable business: The Philippines is considered one of the top outsourcing destinations in the world for medical transcription services13. This presents an opportunity for entrepreneurs to provide moving aka. Here are eight business ideas for OFWs to start from overseas: 1. Setting up an online business does not require a large investment. You can sell tour packages, airline tickets, hotel accommodations, travel insurance, car rental services, cruises, and more. Fashion designers, tailors, and seamstresses. Developers always look for interior designers who can give a fresh perspective on designs that can give them an advantage in the market. If YES, here are 50 small business ideas and investment opportunities in Philippines that you can start. Cons: Requires a lot of effort and patience in earning money at the start. Car care enthusiasts who can find a high foot traffic location in a residential area. Ideal for: Agripreneurs who want to try something new for their business and have the ideal location with the right environment for growing a certain type of mushroom. Pros: No need to build or rent an office, as this business can be started from home. Why it’s a profitable business idea: T-shirts are easy to sell all year round, what with the popularity of couple shirts and statement shirts with witty or hugot lines. Spending time and money on meat processing training courses (Each course takes from one to five days and can cost over Php 2,000). You’ll only need to buy cages and have enough space where your clients’ pets will stay. These business ideas are the most profitable business ideas in the Philippines also. Can be taxing and stressful to operate, especially if the business is open 24/7. Assuming you work 8 hours a day for 22 days a month, your average income would be Php 25,000 per month. Creative people who love designing and creating costumes. If you’re good at what you do, you can market your talent to other Asian countries. Ideal for: People with good fashion sense who want to start a clothing shop but without space for a physical store. A wide variety of affordable street foods to sell. Many people are too busy to go to the market to buy fresh fruits and vegetables. The mobile phone sells in the Philippines in huge quantity. Low startup costs; no need to set up an office, as the image consulting business can be operated from home. But many ideas require time, money, and risk. The number of vehicle owners in the Philippines is growing. There are people who are convinced they don’t have any passion or skill/experience that can potentially turn into a business. Create New Account. It’s also easy to attract customers via social media and word of mouth. Why it’s a profitable business: There’s a growing demand for laundry businesses in the Philippines. You can sell prepaid load and provide a bills payment service to Filipinos with – even if you are located … With sheer hard work and perseverance, selling ice candies with low capital can grow into a multi-million business16 as a distributor to sari-sari stores, carinderias, schools, or markets. Turn scraps into crafts and cash with a recycled crafts business. Travel and tourism business is a common business idea in the Philippines like other countries. The Philippines presents a large base of potential customers for various businesses. To do that, you don’t necessarily need to reinvent the wheel. In an era of fake news and superficial listicles, this website aims to enlighten, inspire, inform, and entertain in ways that no mainstream media company is gambling on. Seasonal fruits like mangoes, melons, avocados, and watermelons are abundant and cheaper in summer. You can start with one to five machines and rent them out for Php 600 to Php 1,500 each. Quick spoilage if the meat isn’t handled or processed correctly. If you’ve been working for the last few decades, have strung up a long list of accolades, achievements, and have built a strong, solid reputation for developing businesses, it may be time to share your expertise with others. Can’t find a cosmetic product that cares for your sensitive skin? Filipinos are generally thrifty and the search for the cheapest and most affordable but useable... 2. If you know several traditional weavers in your community, you can help them profit from their crafts by opening a handloom or weaving business. The income can be higher when you do business coaching to high-level clients such as corporate executives. As Albert Einstein famously said, “Insanity is doing the same thing over and over again and expecting different results.” You need to have a great business idea that is not only in demand but unique too. It is shocking to note that in this day and age of online businesses; only 53% of small-scale enterprises own a website. We have come up with great small business ideas that you may likely to consider in order to start your entrepreneurial journey. Landscaping gives your home character and life. A lot of Filipinos also want to drink frappuccinos (especially during the hottest months) but can’t always afford to buy them in big-name coffee shops. 8- Budget Clothing Shop: Since, most of the people in Philippines opt for budget clothing and the demand of such readymade garments is quite high you can open a small scale clothing store that provides quality yet affordable items. Capital: Php 1,000 (home-based) to Php 15,000 (mobile cart). Best Business Ideas in the Philippines: The Ultimate List. Requires regular maintenance and housekeeping. It is also cheap and easy to make. Allows you to earn money while doing what you love. Cons: Investing time and money for CCTV installation and management training for yourself and your technicians. What crowns your residence better than beautiful landscaping? Ideal for: Anyone with the passion and patience for running a processed meat business. Ideal for: People with used items to sell and have skills in networking and sales talk. 21. Turn your passion into profit by starting an adventure travel business. Digital and Offset Printing Services. So this is definitely a great business idea for the Philippines. Every month the child gets different kinds of toys and games. You can fulfill such a need with your upholstery business. 95. Ideal for: Car care enthusiasts who can find a high foot traffic location in a residential area. Party materials, such as hats, loot bags, and balloons are cheap and available wholesale. Capital: Php 120,000 (own shop) to Php 3.5 million (franchise). Occasional slow business days and delays in supply delivery. Running a car wash can earn you a net monthly income of around Php 30,000. Selling street food returns great profits, too. Start with whatever is abundant in your area. Making and selling liquid detergents for home or commercial use can be a lucrative business that provides a cheaper alternative to expensive liquid detergent brands. Entrepreneurs with IT background, knowledge in CCTV operation, and experience in electrical or electronics work. On a national scale, this can be a very demanding endeavor. Virtual assistance benefits businesses because it is a more affordable option than hiring full-time employees. Demand for English instructors in the Philippines continues to grow for three reasons. One of the popular wedding caterers in the Philippines, for instance, started out as a. Unstable availability of ingredients and supplies due to seasonality and typhoons. As a social media manager, you must have the ability to do research, plan campaign strategies, set up accounts, and have a working knowledge on writing, SEO, and website design. You can offer your products at trade fairs, conventions, and flea markets. Gardening aficionados, on the other hand, may sell bonsai plants, garden fountains, or rent out the whole garden during special events like weddings. Start-up cost: PHP 5,000 to PHP 20,000 The country’s beauty industry is worth a... 2. Particularly, Zumba instructors are in demand in the Philippines. Also known as “import substitution,” this strategy aims to find products we usually import and tap into local resources to produce a cheaper alternative. Why it’s a profitable business: Convenience stores are sprouting everywhere, but sari-sari stores still rule the neighborhoods because Pinoys prefer to buy in tingi. So use this list as an inspiration but never let forget to take action. Pros: High demand for photo booths for events. Car restoration services are cheaper and more convenient for car owners than going to a casa. Drones are expensive, especially popular brands. Maintain a network of wholesalers and suppliers of other amenities, such as tables, chairs, entertainment, and tent covers for outdoor parties. 32. 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