Small Business Ideas in the Philippines
Small Business Ideas in the Philippines
1. Sari-Sari Store Business
The sari-sari store is the most typical business that
Filipinos do which only requires a small capital to start. From the word
sari-sari, which means variety, people sell different kinds of stuff or snacks
and gain profit from it.
Although this is not a “big shot” business, having a
sari-sari store as a business is a very effective way of gaining profit with
small capital. This is a good business especially for those people who have a
lot of time or for people who love selling things.
You can invest in having a simple space to get this started,
but be sure the room is facing the road. Most sari-sari store owners put up
their store in front of their house. You can then fill that space with
different things such as condiments, snacks, candies, and so on, as long as
they fit your budget.
2. Rice Retailing Business
Unlike other people from different, Filipinos eat rice
almost every day. Rice is considered a necessity in the Philippines. This is
why people prefer to sell rice grains which consumers will surely buy.
Although this is a sure shot business, you will still need a
fair amount of capital and a good business space. You can also rent a good
stall around your area. Make sure that you always maintain the cleanliness of
your store and products.
3. Food Cart Business
Food cart business is a very popular business to start but
many people are tricked by this. Some food cart owners let others franchise
their food cart in a low price with no royalty fee. However, you should keep in
mind that you will become only a seller of the product and not a business
owner.
If you want to invest in this kind of business, make sure
that you will franchise the products that have already made their names and
brands. You can also create your food cart by simply setting up a food cart
with your own products. This can also be considered as an investment.
If your products are good, you can be a franchisor and serve
as an inspiration to other people who want to do business with you.
Related: 8 Best Franchise Businesses You Can Start in the
Philippines
4. Printing Business
Printing can have a very good market especially when you are
in the Philippines. Companies that use traditional marketing create tarpaulins,
billboards, and other advertising materials.
Aside from marketing purpose, printing business also works
on special occasions. This can be birthdays, anniversaries, and funerals.
Getting the right location for this kind of business is very
crucial. A few of the best place to start this business is near a school, and
wherein students need to print different materials for their daily projects.
Remember to plan all the necessary things before creating
this business.
5. Buy and Sell Business
You can usually see this business everywhere especially when
you love browsing the web for products to buy. There are lots of products out
there, which people tend to buy or sell.
From the words that define it – buy and sell, this is a
business wherein you will buy products like gadgets and clothing for a low
price and sell them at a fair price. The capital you need here ranges from
small-to-large depending on the things you will be buying.
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