The income can be higher when you do business coaching to high-level clients such as corporate executives. It offers customers a cheaper alternative to fried chicken from fast-food chains. Therapeutic, relaxing activity for gardening enthusiasts. The Philippine meat processing industry has been growing in recent years. If you’re good at what you do, you can market your talent to other Asian countries. Cons: Can be taxing and stressful to operate, especially if the business is open 24/7. If you have been asking yourself what business to start, then this list is for you. Capital: At least Php 500,000 to Php 1 million, Ideal for: OFWs and employees in the trucking department of a manufacturing company who wish to shift to self-employment. Spending time and money on meat processing training courses (Each course takes from one to five days and can cost over Php 2,000). Need a lot of patience, as students have different learning paces and behaviors. Even with tight competition, water refilling stations enjoy a steady income. Best Small Business Ideas in the Philippines [Editor’s Picks] 1. Tech-savvy people who want to earn passive income. Related Article: 25 Best Online Part Time Jobs in the Philippines (Up to Php 50K+/month). Sense of pride when clients become successful. Keep in mind that photography is an expensive hobby! Stay-at-home moms who love baking and want to turn their hobby into a home-based business. At a Glance: Business Ideas in the Philippines for Every Budget. If you have a green thumb and know other people that do, you can set up a home service business. Capitalize on that by offering security technology solutions to businesses. Dog walkers have become a common sight in gated neighbourhoods whose owners are mostly out of the home for work or school. Whether they are referred to as virtual assistants, freelancers, telecommuters, or home-based workers, these people are those who essentially work from their homes. Are Foreigners Allowed to Own Business in the Philippines? The high demand for massage therapy services makes this venture a financially rewarding small business idea. Pizzerias offer customers convenience, which is why Filipinos often order pizza for parties, family and barkada gatherings, and corporate meetings. This profitable business can earn you up to 400% profit per plant. 10 Freelance Businesses You Can Start Tomorrow; 5. 19. But you can always start anywhere you are. Housewives and anyone looking for affordable home-based business ideas, Low startup cost with high profit margins, Easy product to make with simple utensils readily available in the kitchen, Easy-to-source raw materials from supermarkets and chemical retailers, To sustain the business, you need connections with laundry shops, restaurants, eateries, and other businesses that use liquid detergents. Run a garage sale on weekends when buyers are usually available to visit your home. In Metro Manila and other key cities in the Philippines, app-based ride-hailing services, also known as transport network vehicle service (TNVS), are enjoying a higher preference among commuters over taxis for their premium service—even if their rates are higher. Simple jobs like these can earn as much as Php 1,000 to Php 2,000 daily. Attend seminars, trainings, and certification programs to guarantee owners that their dogs are in good hands. Why it’s a profitable business idea: If you want to break into the printing industry, one of the most profitable options is a tarpaulin business. This article is written for those guys who are looking for low investment business ideas for 2021. Need to invest in a vehicle or outsource a third-party service for daily meal deliveries. Free gym memberships and other gym access perks. On average, personal trainers earn more than Php 1,000 per session. Why it’s a profitable business idea: Do you have a newly purchased vehicle that you don’t use that often? It presents little risk because preserves last a long time. You can start selling from home or peddling in your neighborhood. Php 50,000 (home-based) to Php 250,000 (franchise). 20 Small Business Ideas in the Philippines for 2020. From freelancing, food & beverage, consulting, retail, rental, personal and business services, up to home-based business opportunities - we've got you covered! Long operational hours, usually 24/7, to meet customers’ needs. 2. High demand from small and medium businesses in the Philippines and abroad, as digital marketing is more cost-effective than traditional marketing. Loading business po ito. Why it’s a profitable business: Pinoys on a tight budget flock to ukay-ukay stores to shop for second-hand clothes at bargain prices. Ideal for: Landscape artists, architects, and hobbyists who want to start a business, as well as gardening enthusiasts who love decorating home interiors and exteriors with ornamental plants. Depending on the shirt design, you can earn as much as 100% to 500% profit per piece. Although the Philippines isn’t as bike-friendly as the Netherlands and China, there’s still a market for bicycle rentals in the country. Businesses use them for signages, advertisements, and company events. Making Roads through Plastic. Requires knowledge and skills in handling different animals, breeds, and temperaments. 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. Different ways to monetize blog: Google Adsense, brand partnerships, affiliate marketing, sponsored posts, etc. Why it’s a profitable business idea: Along with the growth of manufacturing and retail industries in the Philippines is the increasing demand for logistics services, such as trucking, that can efficiently transport goods. So the more frequent you’re booked, the larger the profit you’ll make. Needs to invest in a truck or any large vehicle for procuring and/or delivering the goods. These styles of combat not only are deadly and ideal for self-defence but also provide a great workout. People would rather rent than buy a drone they’ll use only once. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing his knowledge with budding entrepreneurs. Even hobbies as obscure as collecting old toys may also profit from a buy-and-sell business model. Doing what you love and getting paid for it. You can earn more (over Php 5,000 per day) if you’ll be operating the drone for a prenup. It all boils down to supply and demand. Php 35,000 to Php 50,000 (for investment in a computer, internet connection, and website). Sells cheap at only Php 5 to Php 15 per cup. Stay-at-home moms, college students, full-time employees, and anyone looking to earn extra income from selling products online. People who are comfortable and confident being in front of a camera and can engage viewers with their content, Fulfilling experience of creating content about something you’re passionate about and sharing it with the world, Videos catch more people’s interest than blog posts, Tight competition in popular niches such as travel and food, Creating and editing videos can be daunting and time-consuming, Unpredictability and uncertainty of income, culture and obsession with smartphones and social media by opening a Piso Wi-Fi business that provides affordable internet access. This lucrative business yields a net profit of Php 700 to Php 2,500+ per sack of flour or Php 2,000 to Php 6,000 daily. Need to invest in expensive equipment like a generator to prevent the meat from spoiling during power outages. Dropshipping. services. Eating on the go is a viable alternative to a sit-down restaurant. So is the demand for car wash services. However, with rental rates escalating and minimum wage increasing, focusing on delivery services is a good option. Why it’s a profitable business: This type of food business is a hit among busy and health-conscious Filipino millennials lately. Ideal for: Housewives and anyone looking for affordable home-based business ideas, Cons: To sustain the business, you need connections with laundry shops, restaurants, eateries, and other businesses that use liquid detergents. Most of your small business investment will go into networking activities. Small eateries, locally known as carinderia or turo-turo, are still the go-to places for customers looking for cheap home-cooked meals. Need to invest in equipment (computers and headsets). Perhaps it’s an opportunity to open a drugstore offering low-cost but high-quality generic medicines. With the Philippines crowned as the “Selfie Capital” of the world, these smart phones are expected to go through wear and tear! Once you’ve established your brand after a few years, you can earn as much as Php 50,000 per month serving clients in the wedding, corporate, publishing, and/or entertainment industry. And that these allergens are made of excreted dead skin fragments and hair follicles? Do you want to start a retail store online with little money? People with a background in chemistry or chemical engineering, Can be started from home with a small capital, simple ingredients, and standard kitchen equipment, Income-earning opportunity from a fun hobby, Potential to grow into a multi-million business, The tedious and time-consuming process of producing soap, Stiff competition with other handmade soap products in the market, The challenge of finding natural raw material suppliers. But recently, I came to know that this is one of the best unique business ideas around the world which is highly appreciated by the governments. Earn around 3% to 13% commission per transaction, averaging from Php 1,000 to Php 3,000 monthly. Moreover, candles serve other purposes other than providing light during black outs. Even if several photocopy businesses are already existing in your area, you can still beat them by offering higher-quality services at lower costs. Start a Blog This is one of the best low-cost business ideas you can start today. Why it’s a profitable business idea: Halo-halo—the popular Pinoy dessert—is a best-seller during summer. Earn steady income (up to 68% profit margin) by providing good-quality service to keep customers coming back. Ideal for: Cycling enthusiasts and anyone knowledgeable on bike operation and repair who can find a suitable location near a biking destination, Cons: Risk of bike rental inventory loss from damaged bikes due to accidents or careless renters. Though it includes a list of franchising companies, they are not affiliated in any way with the website. Choose the nature of your laundry business. There will always be something that needs fixing in a home. With passion and determination—plus a good location, you can succeed in this business with a modest capital (or no capital, like how Andok’s started out3). Landscape artists, architects, and hobbyists who want to start a business, as well as gardening enthusiasts who love decorating home interiors and exteriors with ornamental plants, Can start from home while maintaining a day job, Off-peak periods like typhoon season and tough economic times, Doesn’t require training but need to make time and effort to learn gardening basics and techniques. Thus, starting a trucking business now—especially as a B2B service—will be a great investment for the future. Why it’s a profitable business: The number of vehicle owners in the Philippines is growing. 50 Best Small Wholesale & Retail Business ideas for 2021. Kindly email me at [email protected]. Other than general cleaning, Filipinos hardly have enough time for laundry. Working long hours, especially in the first few years of operation. With the right location, pricing, and menu, you can profit from running a carinderia with just a small capital. Start your business now! Ideal for: Entrepreneurs who plan to put up a business near schools or those who enjoy making and selling ice cream. Landscape Expert 20+ Best Business Ideas of 2021. Online business. Cons: Need a lot of patience, as students have different learning paces and behaviors. Street food is cheap, which is why queues in stalls are always long. The challenge of making clothes in a broad range of sizes available. With its affordable price, this meal is so easy to sell. Conversely, some local contact centres that need campaigns do not have the network to land clients. Why it’s a profitable business idea: In Metro Manila and other key cities in the Philippines, app-based ride-hailing services, also known as transport network vehicle service (TNVS), are enjoying a higher preference among commuters over taxis for their premium service—even if their rates are higher. Pet care businesses usually require clients to leave food for their pets. Street food enthusiasts with limited startup budgets. Capital: Php 125,000 to Php 150,000 (for five PisoNet machines with printer and chairs). You can turn that idle asset into a profitable business. Tapsilog is the Filipino breakfast favorite. A business idea that is not in harmony with who you are will not only make you miserable but also waste a lot of your precious time that you’ll never get back. The number of vehicle owners in the Philippines is growing. Ever considered becoming a full-time professional blogger? 1. healthy meal delivery service/diet delivery program, online business opportunities that you can manage in the comfort of your own home, How to Start a Rice Business (Bigasan) in the Philippines, How to Start a Kakanin Business in the Philippines, How to Start a Street Food Business in the Philippines, How to Start a Water Refilling Station Business in the Philippines, How to Start a Bakery Business in the Philippines, How to Start a Pizza Business in the Philippines, How to Start a Catering Business in the Philippines, 25 Legit Online Home Based Jobs in the Philippines (Up to Php 160K+), 25 Best Online Part Time Jobs in the Philippines (Up to Php 50K+/month). E-loading Business . In the list of top 10 new business ideas, starting a 3D printing business will be a profitable future business idea. Personal fitness training services annihilate the “I don’t have time” excuse because you can conduct these services at their own home. Entrepreneurs who want to boost income from their existing business like a sari-sari store, internet cafe, pharmacy, etc. If your products get discovered by a foreign buyer, you may have an opportunity to export your preserves to other regions outside the Philippines. There’s certainly a market for adventure tourism. Foreign and local travelers prefer booking their accommodations via Airbnb because of its cheaper rates than hotels. Ready to take your sari-sari store to the next level? You can start a rental business offering formal attire for men and women and charge Php 300 to Php 7,000 apiece. So is the demand for car wash services. You can earn huge profit from your printing business when you get bulk orders for customized giveaways like mugs, button pins, caps, and shirts, as well as corporate materials like business cards, flyers, brochures, calendars, and posters. Entrepreneurs who can find an ideal location (like a commercial space or market stall) for selling meat. But many ideas require time, money, and risk. The more you blog, the better you become. 78. Why it’s a profitable business: Most Filipino families consume meat daily. If you’ve been to a wedding and have seen a photo booth or a karaoke booth, you know what I’m talking about! Mind you, success in business is 1% inspiration and 99% execution. Digital and Offset Printing Services. Although the Philippines has a comparatively young population, 4.1% of its demographics comprises the elderly. Herb and spices farming #4. Running an online store keeps your business costs low. A subscription box is a product where there is a base “box” that is sent out on a monthly basis to customers with niche specific goodies inside it. Collectible hobbyists with a keen eye for rare, high-demand items. Agro/ecotourism business #3. Why it’s a profitable business idea: Upholstery is a thriving business. Getting business ideas in the Philippines can be a game of luck. Capital: Php 20,000 to Php 60,000 per unit. A wide variety of affordable street foods to sell. This means that instead of making the product itself, these industries only provide vital components to create it. Listing a property for rent on the Airbnb app is free (The company earns commissions from bookings). 50 Best Franchise Opportunities in China and Their Cost, 50 Best Small Business Investment Opportunities in Maldives, 50 Best Business ideas & Investment Opportunities in Iran, Top 50 Small Business Investment Opportunities in South Korea, 50 Best Small Business Investment Opportunities in Japan, Starting a Profitable Business in Qatar as a Foreigner, Starting a Profitable Business in Philippines as a Foreigner, Top 50 Small Business Investment Opportunities in Qatar, Professional photographers are constantly in demand, promising small business idea that slowly gains traction in the United States and Australia, How to Start a Language School Business in USA, What is the Best Insurance for Go Kart Business, How to Get It, How Much It Cost and the Best Companies/Providers That Offer It, How to Get New Business in the Vinyl Graphics Industry. As a singing coach, you can offer home service or set up a small studio in your home. Nowadays, there’s a growing preference for natural personal care products among health-conscious and environmentally conscious consumers. 99. High demand for short-term rentals in the Philippines. Pros only choose those that are in line with their passion, core gifts, and values. 20 Small Business Ideas in the Philippines for 2020; 5 Reasons that Pulls Down the Ranking of a Website and Ways to Fix It; Do You Think SMS Marketing To Be Apt For Your Business? That is just one of the several fascinating figures that validate why blogging is a good business. If the current demand for a product or service is high but the available supply (businesses) can’t keep up, there might be enough room for competition. December 30, 2020 . Feeling crafty? Remember that 98% of all new businesses are small businesses, and most prefer to establish a corporation. You also need to be registered with Securities and Exchange Commission (SEC) or with Department of Trade and Industry and of course Bangko Sentral ng Pilipinas. The constant need for the storage area to be kept clean to avoid pests. It’s also lucrative, especially for entrepreneurs who offer top-selling goods such as gadgets, clothes, and beauty products. The Philippines is considered one of the top outsourcing destinations in the world for medical transcription services. Investing time and money for CCTV installation and management training for yourself and your technicians. Monthly earnings range from Php 40,000 to Php 150,000. You can put up a bike rental shop in a park, biking trail, or biking destination, Cycling enthusiasts and anyone knowledgeable on bike operation and repair who can find a suitable location near a biking destination, Potential for expansion: Can start with one or two bikes for rent and then expand later on to sell bicycle parts and accessories or offer bike repair services, The fulfillment of helping people stay fit and contributing to environment conservation, Risk of bike rental inventory loss from damaged bikes due to accidents or careless renters, The worsening traffic in the metro has led to a recent trend: working professionals moving to condos and apartments near their workplace. Reaching customers nationwide through various online channels: social media (Facebook and Instagram) and online marketplaces (Lazada, Shopee, OLX.ph, Sulit PH, etc.). There’s a growing demand for laundry businesses in the Philippines. IDEA. Thus, US dollar earners look to money changers first. Office-based web developers who want to become full-time freelancers. Fellow hobbyists are willing to pay for something they want to have, especially hard-to-find collectibles. According to the Department of Health, heart disease has remained the number one killer in the Philippines since 1990. Convenience Store/Mini-Grocery Store. Allows you to earn money while doing what you love. Here are a few ways to do it: Consumers’ needs are at the cornerstone of every business. Once you’ve established your brand after a few years, you can earn as much as Php 50,000 per month serving clients in the wedding, corporate, publishing, and/or entertainment industry. Although there’s always a risk that you might eventually dislike your hobby once you turn it into a business, its money-making potential far outweighs it. Why it’s a profitable business idea: Seasonal fruits like mangoes, melons, avocados, and watermelons are abundant and cheaper in summer. Employees of pest control services companies who wish to start their own business, Complicated business to learn for entrepreneurs who are new to this field. Hard to maintain rice quality in flood-prone areas. Ideal for: People with expertise in styling, excellent communication skills, people skills, and a network. Think of Christmas 12 months a year! There are plenty of good reasons to start a business this 2020, especially if you have the skills, the opportunity, and the resources needed to do start something new. Quick preparation with commercial ice cream makers. The roof and faucets can get leaky. No need to build or rent an office, as this business can be started from home. Love taking care of plants and want to make money from it? Ideal for: Furniture makers or anyone with sewing skills who enjoys working on furniture, Cons: The challenge of getting your first customers; may need to offer low introductory rates when you’re starting out to build a client base. Later on, you can hire professionals in other digital marketing fields to build your own full-service agency. Can increase earnings by providing other services such as shoe cleaning, bag repair, key duplication, and locksmithing. Why it’s a profitable business idea: Many social media-savvy millennials are conscious about their looks and health. Why it’s a profitable business: Street food is cheap, which is why queues in stalls are always long. It is a self-laundry service. People who enjoy restoring shoes and other leather goods and want to make money out of it. Trained and certified fitness instructors who want to shift from employment to entrepreneurship, The rewarding experience of sharing your passion for fitness and helping people meet their fitness goals, High capital required, more so if you’ll buy a franchise of a well-known gym brand. It is shocking to note that in this day and age of online businesses; only 53% of small-scale enterprises own a website. Ideal for: Professionals in the field of finance such as accountants and bankers. Here we have compiled a list of the 75 best business ideas you can start tomorrow. Ideal for: People with used items to sell and have skills in networking and sales talk. If you have no plans of re-reading them, why not make money out of your reading collections? Pros: Feeding your passion for adventure while earning money from it, Cons: Inclement weather, natural disasters, or closure/regulations of adventure destinations may affect income. Capital: Php 88,000 to Php 170,000 (for a teacher training course). With the increasing popularity of MMA primarily because of UFC, the number of Filipinos who want to learn Brazilian Jujitsu, Muay Thai, wrestling, and boxing is growing. Electrical connections can get faulty. Why it’s a profitable business idea: Computer troubles due to viruses, malware, or mechanical wear happen to everyone. You will spend most of your time networking and establishing connections with different organizations so you can assure your clients of a steady pool of talent. High growth potential. Examples: baking cakes, making pieces of jewelry, and producing children’s toys for the mass market. Running a car wash can earn you a net monthly income of around Php 30,000. Why it’s a profitable business: There’s a large market for a videoke rental in the Philippines, even in remote barangays where singing is a favorite activity in birthday and fiesta celebrations. Simple ingredients and recipes for homemade ice cream. You can earn more (over Php 5,000 per day) if you’ll be operating the drone for a prenup, wedding, commercial, and corporate shoots. Professional dance instructors are usually booked for events such as birthdays, weddings, and private parties. Enjoy! 99. Smart phones start to bog down within 2 years. Why it’s a profitable business: The Philippines is considered one of the top outsourcing destinations in the world for medical transcription services13. 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. You can start small by offering services within your specialization, whether it’s SEO, PPC, content writing, web design, or web development. Significantly lower startup cost than opening a fast-food outlet. Why it’s a profitable business: Providing financial planning services as a licensed professional can earn you more than Php 100,000 to Php 1 million per year, according to PayScale8. As Martin Luther King once said, “If you can’t fly, then run. Dancers who want to share their talent and love for dancing while earning from this profession. Prone to pest infestation and early spoilage if storage is in poor condition. People with good fashion sense who want to start a clothing shop but without space for a physical store. You will need a vehicle, basic troubleshooting equipment, and arrangements with towing services to provide a comprehensive package.