Turn your passion for cooking into a small business. The bulk of the investment will be allotted to buying equipment like ovens and other baking utensils. That’s quite a huge number, and that is why setting up an online shop is a good business to start with. 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. Best Small Business Ideas in the Philippines [Editor’s Picks] 1. See: 101 Online Business Ideas That Can Help You Earn Money. Another popular small business idea among Filipinos … Popular at-home bakers even take custom orders for specifically designed treats, like intricate fondant cakes. You just need a printer, a reliable DSLR camera, screen monitor, a makeshift booth and some props to set up this business. 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. Chocolate Making. By definition, a “carinderia” is a food stall usually located on the streets. The Philippines is home to millions of smartphone users. Use of this site constitutes acceptance of our Privacy Policy. By 2021, smartphone ownership is estimated to reach 32% of the population. Share them in the comments section below. Smart phones start to bog down within 2 years. Here are the best small business ideas for 2019. For instance, a siomai stall franchise costs about 20,000 to 30,000 PHP and the demand is really high especially if the stall is strategically situated near places with lots of people. Rice retailing Start any of these 10 manufacturing businesses for between $10,000 and $50,000. The location should always have high foot-traffic. That can cover all the equipment and appliances needed. 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. 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. I just want to know if my budget of P350-400K will be enough as start-up to purchase most common grocery items? with vinegar like in Vigan, or with oregano like in Lucban. Meaning, people whose vehicles develop technical snags and stall on roads can call you for repairs. The only downside to online tutoring… You need to have a skill others will want to learn! You may choose franchise companies since they can let you lease the machines. With a budget of PHP 5,000, you can start reselling products from more popular brands like Skin Magical, Human Heart Nature, Avon, and Ryx Skincerity. There are some key things you need to consider – namely finding an appropriate space or venue. Skinless longganisa, a Filipino-style sausage, is a popular viand that you can find in most dining tables of Filipino families. Personal Trainer. 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. By creating their own Facebook page or an online shop, they’re able to sell their baked goods to the masses. Boda Boda business. In fact, there are a number of businesses you can jumpstart even with just P20,000 capital. 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. 50 New & Best Small business ideas for 2020. That’s quite a huge number, and that is why setting up an online shop is a good business to start with. You need astute knowledge about car engines and electrical gear on board. If you can cook, why not establish a small food business. 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