In the Philippines, 5000 pesos to open a business — or no capital all — is easy if you love what you do. There are many online shopping platforms to sell your goods – Lazada, Shopee, OLX, and eBay Philippines, among others. Coffee & Cold Beverage Stand. If you want to set up a vending machine, there are many types – coffee vending machines, hygiene vending machines, and vending machines for snacks and beverages. Businesses today are looking for digital marketers who can manage their online marketing strategy. Make sure the products are in demand and that the competition is at a level where you can confidently compete. However, as your clientele grows, you may need to hire more staff. Mostly, if you want your own machine, a snack or beverage vending machine costs about. From there, all you need to do is advertise your business services, which you can do on various online platforms, or even go “door to door” looking for customers who require your services. If you’re not selling your own product or service, you’ll need a supplier where you can get the products at a lower price. This means you can sell your products at competitive prices. That can cover all the equipment and appliances needed. You may choose franchise companies since they can let you lease the machines. 2. Ensure the business is close to the main road. Take advantage of this trend by providing some of the basic needs of parties like themed decorations, sweets or dessert buffets, souvenirs as well as entertainers like clowns, hosts and face painters. Start any of these 10 manufacturing businesses for between $10,000 and $50,000. By 2021, smartphone ownership is estimated to reach 32% of the population. A laundromat is in-demand due to the fast-paced lives of Filipinos at this time. To establish an eatery, you may need about 25,000 PHP to start with. Here are 50 new & creative small business ideas with low investment that we recommend to start in 2020. With that in mind, we’ve broken down some of the best for 2019. in the Philippines, with an expected 18.02 million more projected to be shopping online by 2022? The only downside to online tutoring… You need to have a skill others will want to learn! If you already have a sari-sari store or mini-mart, you can incorporate this business for a slight increase in your profit. There are several aspects to digital marketing, thus if you’re aiming to sell holistic digital marketing services, you may want to enroll in some courses to broaden your knowledge base. There is virtually no street in the country that doesn’t have a bakery – and they’re all busy. Small Business Ideas with Small Capital of P20,000.00 and Below Starting small is considered to be the most logical and a powerful step in starting up a business . It’s less hassle and more affordable. 1. With that much growth projected in online retailers, there is bound to be a hefty amount of competition. If you continue to use this site we will assume that you are happy with it. Setting up a lucrative business with a small amount of money is possible in the Philippines. From here you can estimate your profitability. Turn your passion for cooking into a small business. There you go, the best small business ideas in 2019. You can also check out Facebook’s marketplace or pages, where you can sell your products. For instance, you can start your E-loading business with just a smartphone and capital of 500 to 1,000 PHP in the comfort of your own home. 18. Remember, entrepreneurship is financially rewarding if you know how to handle your cash. You may choose franchise companies since they can let you lease the machines. English Instructor. It has dual purpose as it keeps guests entertained and serves as the souvenir of the event. Don’t let limited capital keep you from your dream of owning your own business. In the Philippines, vending machines aren’t new anymore, but they’re still in high demand. Franchise capital: Php 20,000 – Php 30,000. Real Estate Brokering. These could include content marketing, social media marketing, SEM, SEO, and graphic design. There are many types of laundry centers – do-it-yourself laundry and those where the staff wash and iron your clothes. Clearly, you need to start by determining what to sell and to whom you’re selling. By creating their own Facebook page or an online shop, they’re able to sell their baked goods to the masses. If ... 2. Go back to the main article: Best Small Business Ideas in the Philippines with High Profit Capital: Starts at Php 50,000 (retailer) to Php 250,000 (franchise). Starting this business does not require a lot of capital and a minimum of 30k is enough but some rice sellers advise that a capital of 60k is the minimum to make the business profitable. 33 Businesses You Can Start for Less Than ₱50,000 in the Philippines. 3. You may also need to pay for the rent of the space allotted for your machine in your chosen location. Starting a business of your own doesn’t necessarily need a big capital. Birthday, baptismal and wedding parties in the Philippines have completely levelled up in the past few years. Do you want to start your own business but don’t have hundreds of thousands of pesos as capital? Personal Trainer. We use cookies to ensure that we give you the best experience on our website. Accessory Business | Starting Capital: … Filipinos are generally thrifty and the search for the cheapest and most affordable but useable... 2. 13. Business Franchise Packages that Costs 50,001 to 100,000 pesos. If you don’t have any personal means to produce the money needed for the capital of your business, you can borrow from a friend or family member. One of the best small business ideas in 2019 is a laundry shop. — Homerun Nievera Today, franchise businesses are on the rise in the Philippines. By definition, a “carinderia” is a food stall usually located on the streets. Team up with suppliers and double your income by also organizing the event. Business Idea 6: Carwash shop Estimated start-up capital: ₱50,000 and above. Gone are the days when the host only serves spaghetti, barbecue and hotdog for a children’s party. Being in an area where there is low competition but a high portion of people who would want to work out is ideal. The first step is deciding what business idea to bank on. Sign up for our newsletter for financial tips, tricks and exclusive information that can be personalised to your preferences! According to an article by Power Pinoys, a sari-sari store can earn as much as P20,000 in gross sales a day. That’s quite a huge number, and that is why setting up an online shop is a good business to start with. You don’t need to set up an eatery or restaurant just to get customers coming. 3D printing. Best Small Business Ideas in the Philippines [Editor’s Picks] 1. With this tight budget, you can use a small room in your house or a virtual space like the Internet, yet you can make big profit and have an opportunity to grow your business without spending much money on renting an office and store space. Meaning, people whose vehicles develop technical snags and stall on roads can call you for repairs. You could employ fresh graduate trainers or if you’re really low on funds in the beginning and you have enough knowledge, you could act as the sole personal trainer until you can grow your team. Photo Booth services have become staple services in various parties and gatherings in the Philippines. Rice retailing That’s quite a huge number, and that is why setting up an online shop is a good business to start with. E-commerce The bulk of the investment will be allotted to buying equipment like ovens and other baking utensils. While the costs of the brand new equipment may exceed P20,000, you may opt to buy second-hand paraphernalia or purchase a complete Photo Booth package to save money. 10 Best Franchise Business Opportunities in the Philippines Under P500,000. Business success awaits you with franchises under $50K. See: 101 Online Business Ideas That Can Help You Earn Money. Photographer. Mothers are now working outside to help in the finances of the household. With that in mind, we’ve broken down some of the best for 2019. If you get it right, these ventures are letting sellers earn twice or three times their previous salaries. Here’s a quick list of small businesses aspiring entrepreneurs with low capital can explore. Water Refilling Station. Helping You Make Smarter Financial Decisions, How to Invest in the Stock Market in the Philippines, 7 Business Mistakes You Never Want To Make, 4 Criteria For Long-Term Business Success. Having a business is everyone’s dream because you are the boss and no one tells you what to do. Start-up cost: PHP 50,000 and up Items to invest in: Bicycles, bicycle parts, tools You just need a printer, a reliable DSLR camera, screen monitor, a makeshift booth and some props to set up this business. Filipino favorites like fried chicken and lechon belly as well as international cuisine like Thai papaya salad can be easily sold with the right marketing strategy on social media. However, they can be expensive. See: How to Start a Sari-Sari Store Even with a Small Capital. Small Business Ideas with Small Capital in the Philippines 1. There are some key things you need to consider – namely finding an appropriate space or venue. The capital is low, you just need the skills and talent of a digital marketer. Popular at-home bakers even take custom orders for specifically designed treats, like intricate fondant cakes. You can start this business with an initial capital of Rs.25000. If you […] Longganisa comes in different versions from the different regions of the country, i.e. If you can cook, why not establish a small food business. © 2009 – 2019 Catapult Ventures Pte Ltd. All rights reserved. READ ALSO: Top business ideas for ladies in Kenya. Boda Boda business. This is recommended most especially for individuals who lacks enough capital and for those who were not born with entrepreneurial genes. Managing this kind of business needs hard work and dedication. If you wish to do retail business, save money for physical space and create an online business page where you can sell or showcase your products and services. You may also need to pay for the rent of the space allotted for your machine in your chosen location. Business Name: Burger Matsing Service: Selling burgers and hotdogs Cost: Starts at 50,000 pesos including the franchise fee Contact Number: 0925-894-5637, 0943-520-1080. Business Name: Kwek Kwek Food Service: Selling street foods Cost: Starts at 69,888 pesos including the franchise fee Your chances of success will increase if you can get one of your potential customers to act as a mentor who will help you fine-tune your business plan for your market. Share them in the comments section below. If you are looking for part time business ideas, then this can be the perfect option for you. You may need more if you don’t have a space of your own. Next, you’ll need to decide where to sell online. Considered as the most typical small business in the Philippines, the sari-sari (variety) store business is a type of business that only requires a small capital at the start as most owners use the front of their home as business space. Are you tired of your 8-5 job? Are you interested in making your own mark in this space? Ukay-Ukay/Thrift shop You don’t need to pay additional fees like franchise, application, annual and processing to offer these services. Another popular small business idea among Filipinos … You can price your product at market levels and still make a healthy profit margin. In fact, there are a number of businesses you can jumpstart even with just P20,000 capital. As recently as 2015, the number of small and medium-sized enterprises soared from 896,839 to a staggering 911,768. The key to success is focusing on building a market of loyal patrons. Other franchises include water refilling stations, fast food restaurants, coffee, and cold beverage stands, spas and salons, laundromats, payment centers, and vending machines. 5. 3. Beauty Products Reselling Business Start-up cost: PHP 5,000 to PHP 20,000 Items to invest in: Beauty products for reselling, smart phone The country’s beauty industry is worth a whooping PHP 152 billion … Franchise opportunities under $50K can result in businesses that provide plenty of financial reward and stability, without the upfront outlay of cash. Contrary to popular belief, there are actually many ways to start a business that let you focus less on the logistics and upfront costs and more on getting started.. Once you start gaining profit from your sari-sari store, you can add a variety of items to sell that will fit your bigger budget. There you go, the best small business ideas in 2019. You can sell street foods like grilled chicken and pork isaw, arroz caldo and sago’t gulaman in front of your house. 10 great manufacturing business ideas. Mostly, if you want your own machine, a snack or beverage vending machine costs about 324,000 PHP to 475,000 PHP, but a coffee vending machine can cost as low as 7,000 PHP. Question: I am planning to put up a mini-grocery store by June. Store rental can be expensive at 20,000 to 30,000 PHP per month. . You have total control over the business, how much to invest and how much you earn. By using an existing online platform you can minimize your capital investment and your risk – starting with just 10,000. Aside from the fact that you don’t have to pay rental space, you get to enjoy more exposure and free advertisements from satisfied customers. Considered as the most typical small business in the Philippines, the sari-sari (variety) store business is a type of business that only requires a small capital at the start as most owners use the front of their home as business space. One of the profitable business ideas you can consider is starting up a carwash shop. 1. I just want to know if my budget of P350-400K will be enough as start-up to purchase most common grocery items? In the Philippines where rice is a staple food, starting a rice retailing business is always a... 3. The good thing about buying into a franchise is that you have virtually everything already – including a target market that knows your brand, you just need to restock supplies. ← Prev: 8 Best Business Ideas in the Budget of Rs1000 - Rs25000 i.e ($400) Next: 9 Business Ideas in the Budget of Rs 50,000 - Rs 1,00,000 i.e ($1600) → You May Also Like… 11 Most Profitable Businesses in India with low Investment This small business idea can assure you a steady stream of clients who can’t last a day without their smart phones. Moreover, the business requires minimal maintenance, you don’t need many employees even if the business is open 24 hours a day and there are minimal overhead costs. The Philippines is home to millions of smartphone users. Chocolate Making. With a reliable pre-owned car and tools needed for vehicle repairs, you can launch a mobile garage. The profits associated with real estate remain high and if you want to enter this industry one of the most cost-effective ways to do so is to set up a real estate brokering firm. Aside from families, students and working individuals also require the services of laundromats to ease the burden of their household chores. 4. If you make good on the business, you can easily earn as much as ₱25,000 a month or … Digital Marketing Services. If you love kids and enjoy studying, pair the two together and start tutoring. The most important thing to do is to determine the business’ primary location. 50 New & Best Small business ideas for 2020. Though they’re not new, the continued growth of online stores is a great indicator of viability. 4. Blogging. Small businesses can now compete with bigger companies and have wider reach through websites, social media and mobile apps. You not only need to consider how much space you need but the location itself. To start ice-cream business, you require a capital of between Ksh20,000-Ksh 70,000. Laundry services centers are always full-packed. That’s enough to buy all the cooking utensils and equipment. Buy and Sell Business Try reselling other things from cars to real estate. The initial investment is about 150,000 PHP which can be lower if you own the place and there is no need to rent a space. See: 4 Tips for Starting An Event Planning Business. You may need about 50,000 to 100,000 PHP for a laundry services center. For a bigger shop, the capital needed is higher, especially for the more specialized machines that are required in a do-it-yourself laundry center. Skinless longganisa, a Filipino-style sausage, is a popular viand that you can find in most dining tables of Filipino families. Hence, it’s a good business with only a low investment cost. Small Business Ideas with Small Capital in the Philippines 1. Do you want to be your own boss? ... An approximate capital of Rs 40,000-Rs 50,000 will be required to purchase raw materials and packaging. The location should always have high foot-traffic. Loading/ Padala Business. Food kit manufacturing. If you can cook, why not establish a small food business. A vending machine business is a good way to earn money and it has many advantages, including being an all-cash business where your sales transactions are immediately paid in cash. However, if you want your own website, you may need to invest more, about 50,000 to 100,000 PHP. The good news is, setting up a small business is easier and faster, thanks to the latest trends in technology. You may need about 1,000 to 5,000 PHP in terms of working capital, but the profit ranges between 25,000 to 78,000 PHP a month. That can cover all the equipment and appliances needed. 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