Starting a small business idea in the Philippines is starting to gain momentum and support all over the country. We heard some stories, a single mother, a young couple, or a retiree, looking for means to expand their income without sacrificing their regular jobs. In spite of the usual challenges, like juggling multiple tasks, lack of time, or even funds, these people manage to beat against all odds and managed to grow their business.
As promised, here is the continuation of business ideas that you can do, even in the comfort of your homes!
Php 11,000 – Php 15,000
Gourmet Tuyo
Love it or hate it, Tuyo (dried fish), is one of the well-loved delicacies of Filipinos, which has written “comfort food” all over. These days, it just got elevated, with olive oil, Spanish paprika, crushed garlic, and peppers and served similarly like the fancy sardines we see in the supermarket. Perfect for gifts, giveaways, or even to present to your foreign friends who are brave enough to try this.
Capital:
Php 12,000 – Php 13,000
Pre-operational requirements:
Tuyo supplier
Bottle Supplier
Other ingredients
Packaging materials
Procedure:
Search for a gourmet tuyo recipe then experiment. Learn the proper way of packing it. Start selling.
Income:
You can earn as much as Php 1,000 – Php 2,000 per batch, depends on how on your pricing, market, and the season.
Event Planning
Event planner or coordinators are in-demand for busy people who don’t have time in preparing events or occasions. The wedding industry has plummeted event planners as one of the “must-haves” in modern wedding events. If you have people skills and killer planning skills, then this one is for you.
Capital:
Php 13,000 – Php 15,000
Pre-operational requirements:
List of different suppliers for flowers, venue, caterer, car rental, etc.
Basic items like office supplies, etc.
Laptop
Procedure:
Determine what type of events you want to cater — weddings, birthdays, baptism, party, engagement proposal, etc. To start marketing your business, you can do it for free first for your friends and relatives. A website and social media presence is a good marketing strategy also.
Income:
Php 5,000 – Php 15,000 per event
Customized Mug Business
Everybody loves personalized gifts. It’s perfect for all occasions such as Christmas, birthdays, mother’s & father’s day, or even for elections. Mugs are of course, sturdier and last longer than pens, or fans, but less expensive compared to t-shirts. Plus, you don’t have to worry about getting a mug in different sizes!
Capital:
Php 15,000
Pre-operational requirements:
Mug Press Machine
Printer
Mugs
Sublimation Ink and paper
Procedure:
There are suppliers that offer a package of all the pre-operational requirements mentioned above, take a look at it on the internet. To get a bigger volume of sales, you can offer customized mugs as party giveaways.
Income:
Php 75 – Php 100 per item. Bigger income for bulk orders.
Photocopy Business
Books are a little expensive for students and their technique to have their own copy of textbooks? Photocopy! With the price of books toppled with multiple notes and handouts, we really could not blame the students in the search for a cheaper alternative. This business is profitable nears schools or universities.
Capital:
Php 13,000 – Php 15,000
Pre-operational requirements:
Photocopy (Xerox) machine
Small space near the school
Copy paper
Stapler
Procedure:
Acquire a photocopy (Xerox) machine. Put a signage in front of your house or store.
Income:
Php 1,000 – Php 2,000 per week
Native Delicacies
Native delicacies or otherwise known as “kakanin” are mostly found in provinces so why not bring it here in Manila? These delectable goodies are not only for Aunts or Uncles, it is also good during office events to be served as desserts, especially if you are having a “fiesta” or Filipino-themed party.
Capital:
Php 15,000
Pre-operational requirements:
Equipment used in making “kakanin” or rice cakes.
Ingredients
Packaging materials
Procedure:
If you know how to make different kinds of native delicacies or “kakanin”, you can make money out of it. Decide what delicacies you want to sell, look for a better packaging and start selling your kakanin. Native delicacies are becoming more and more popular these days here in Manila, some sellers are joining the bazaars to offer their products.
Income:
Php 1,000 – Php 2,000 per day, it can go higher if you’re on the bazaar.
Php 16,000 – Php 20,000
Ice Cream Dealership Business
Almost everyone loves ice cream. It’s perfect for a hot summer and humid weather that we seem to have all year round. Your store will surely be visited not only kids but also adults.
Capital:
Php 20,000
Pre-operational requirements:
Ice cream Freezer (there are suppliers that include the freezer in their business package)
Ice cream supplier
Procedure:
Look for an ice cream supplier. Apply as their reseller and submit all their requirements. There are some suppliers that require you to have a store first in able to sell their product.
Income:
Php 500 – Php 1,000 per day especially if your store is near the busy areas or street.
Swimwear Business
Travel is in trend right now. And since the Philippines is known for its awesome beaches, it would be rather incomplete to go there without a proper swimsuit. With the rise of fashion influencers and travel goals in social media, women look for an affordable and chic alternative to beachwear compared to what is usually available in the malls.
Capital:
Php 20,000
Pre-operational requirements:
Supplier of swimwear
Store
Procedure:
Look for a swimwear supplier, there are lots of swimwear in Divisoria or Baclaran. If you have talent in sewing, you can also sew your swimwear products, look for a fabric supplier then make your design and start sewing.
Income:
Php 100 – Php 200 per item.
Party Needs Business
Another party-related business is, of course, selling all the party needs. It can be decorations, party plates, utensils, favors bag, etc.
Capital:
Php 20,000
Pre-operational requirements:
Party Supplies
Store or Storage area
Procedure:
Buy the party supplies that you want to sell. I suggest you buy it in Divisoria or look for an online supplier. Display it on your store. Advertise your business on social media or create a flyer.
Income:
Php 1,000 – Php 1,500 per customer (assuming one customer will buy all the party needs for his/her events on your store)
AirBnB Business
Is your place located near the beach? In the city? Or near tourist attraction? A lot of travelers are looking for cheaper accommodation than the hotel. If you have made a wise investment and purchased a condominium during its pre-selling stage, or has an extra room to spare, this is a good income generating machine for you.
Capital:
Php 20,000
Pre-operational requirements:
New bed sheet & linens
Decor
Towels and toiletries
Other materials for the renovation
Procedure:
If you have a spare room on your house or a vacation house, this will be perfect to rent out. Get creative in renovating or designing the room. Take great pictures of it. Apply as host on AirBnB and post yours for rent room/vacation house.
Income:
Php 3,000 – Php 10,000 (depends on how big your room/house is plus the amenities and location)
* All income is estimation only and it will depend on how many you make and how much you charge your product/service.
As we have said before, starting a business can be a daunting task. But with the help of the right people, your valuable time can be spent doing the things you love the most, instead of stressing out with the small things. Contact our consulting team now, and we’ll be glad to give you a much-needed head start in your business ideas!