... An approximate capital of Rs 40,000-Rs 50,000 will be required to purchase raw materials and packaging. Try reselling other things from cars to real estate. That’s quite a huge number, and that is why setting up an online shop is a good business to start with. You may need about 50,000 to 100,000 PHP for a laundry services center. See: How to Start a Sari-Sari Store Even with a Small Capital. 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. Here are 50 new & creative small business ideas with low investment that we recommend to start in 2020. Business capital: Less than ₱100,000 1. Businesses today are looking for digital marketers who can manage their online marketing strategy. It can be in the form of a “carinderia” or a small restaurant, depending on your capital. Bicycle Shop Business. 50 New & Best Small business ideas for 2020. 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. The idea of starting a business is exciting. See: 4 Tips for Starting An Event Planning Business. This small business idea can assure you a steady stream of clients who can’t last a day without their smart phones. 1. 18. 3 Top Ways To Plan Your Dream Wedding On a Budget, How To Open A Bank Account In The Philippines As a Student, 4 Top Tips For Freelancers: How To Survive In The Freelancing World, Best Travel Deals: 8 Clever Tips For Travel-Lovers In 2019, The Credit Card Substitutes Millennials Can Get Today. 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. 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. Best Small Business Ideas in the Philippines [Editor’s Picks] 1. Popular at-home bakers even take custom orders for specifically designed treats, like intricate fondant cakes. If you love kids and enjoy studying, pair the two together and start tutoring. Startup Capital: P500 to P1000. Most people who engage in this business don’t want to reveal the secrets to others because they fear competition. 1. Are you interested in making your own mark in this space? A laundromat is in-demand due to the fast-paced lives of Filipinos at this time. Boda Boda business. From here you can estimate your profitability. 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. Business success awaits you with franchises under $50K. 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. You can find E-loading businesses in the country almost everywhere. I just want to know if my budget of P350-400K will be enough as start-up to purchase most common grocery items? 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. Aside from selling cellphone load, you can facilitate domestic remittance or padala as well as bills payment with an initial capital of P10,000 or less and just a cellular phone. If you can cook, why not establish a small food business. Have you heard of a “carinderia”, or have you tried eating in one? © 2009 – 2019 Catapult Ventures Pte Ltd. All rights reserved. Come across any other interesting business ideas in the Philippines? Do you want to start your own business but don’t have hundreds of thousands of pesos as capital? Though they’re not new, the continued growth of online stores is a great indicator of viability. 3. You’d get to some big business soon. 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. Food kit manufacturing. Hence, it’s a good business with only a low investment cost. Ensure the business is close to the main road. That can cover all the equipment and appliances needed. If you make good on the business, you can easily earn as much as ₱25,000 a month or … This is recommended most especially for individuals who lacks enough capital and for those who were not born with entrepreneurial genes. If you already have a sari-sari store or mini-mart, you can incorporate this business for a slight increase in your profit. By using an existing online platform you can minimize your capital investment and your risk – starting with just 10,000. Coffee & Cold Beverage Stand. There are some key things you need to consider – namely finding an appropriate space or venue. With a reliable pre-owned car and tools needed for vehicle repairs, you can launch a mobile garage. 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. The iconic Filipino neighborhood convenience store remains a go-to small business idea for many budding entrepreneurs. Choosing the right location of the vending machine will mean optimum profits. As recently as 2015, the number of small and medium-sized enterprises soared from 896,839 to a staggering 911,768. There you go, the best small business ideas in 2019. Do you know that there are currently 37.75 million eCommerce users in the Philippines, with an expected 18.02 million more projected to be shopping online by 2022? On the plus side, you can make payment arrangements with gym equipment suppliers so you won’t have to necessarily deplete all of your capital on day one. Photographer. 10 Business Ideas with Rs 50,000 – Rs 100,000 investment 1- Mobile garage. Just like fast food joint, this business too requires minimum capital investment, and once you start gaining popularity, you can always start your own training center. Seek the help of your friends to promote your cake business or showcase Filipino delicacies like maja blanca, biko and yema cake. 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. 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. There are many types of laundry centers – do-it-yourself laundry and those where the staff wash and iron your clothes. 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. It has dual purpose as it keeps guests entertained and serves as the souvenir of the event. Filipinos are generally thrifty and the search for the cheapest and most affordable but useable... 2. Since millions are using smartphones, they are likely to buy load from various retailers. 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. 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). 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 . The first step is deciding what business idea to bank on. It can be in the form of a. If you get it right, these ventures are letting sellers earn twice or three times their previous salaries. How to Start a Sari-Sari Store Even with a Small Capital, 101 Online Business Ideas That Can Help You Earn Money, 4 Tips for Starting An Event Planning Business, 4 Ways to Make Extra Money during Weekends, Home-based Food Business Idea: Recipe for Brownies, Home-Based Food Business Idea: Recipe for Pork Tocino and Native Longanisa, 10 Tourism and Travel Business Opportunities in the Philippines, Home-Based Food Business Idea: Recipe for Peanut Butter, Top 10 Useful Business Ideas for OFWs to Earn Extra Money, Young Entrepreneur Shares Her Journey Towards Achieving …, PhilPass Fund Transfers Remain Free Until 2021, In a Bid to Survive—Pampanga Parol Sellers …. Small Business Ideas with Small Capital in the Philippines 1. Accessory Business | Starting Capital: … Turn your passion for cooking into a small business. To establish an eatery, you may need about 25,000 PHP to start with. Other franchises include water refilling stations, fast food restaurants, coffee, and cold beverage stands, spas and salons, laundromats, payment centers, and vending machines. 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. We use cookies to ensure that we give you the best experience on our website. Ice-Cream Stand. At a Glance: Business Ideas in the Philippines for Every Budget. READ ALSO: Top business ideas for ladies in Kenya. If you are looking for part time business ideas, then this can be the perfect option for you. 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. 5. You don’t need to pay additional fees like franchise, application, annual and processing to offer these services. 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 most popular small business ideas is an e-loading business. Meaning, people whose vehicles develop technical snags and stall on roads can call you for repairs. However, it is mandatory to take the FSSAI license before starting this business. Mostly, if you want your own machine, a snack or beverage vending machine costs about. 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.. So be prudent. Question: I am planning to put up a mini-grocery store by June. If you’re a fitness buff (pun intended), starting a gym could be just for you. 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 … Start-up cost: PHP 50,000 and up Items to invest in: Bicycles, bicycle parts, tools Personal Trainer. One of the best small business ideas in 2019 is a laundry shop. You may choose franchise companies since they can let you lease the machines. Gone are the days when the host only serves spaghetti, barbecue and hotdog for a children’s party. The location should always have high foot-traffic. You may also need to pay for the rent of the space allotted for your machine in your chosen location. In fact, there are a number of businesses you can jumpstart even with just P20,000 capital. Starting a business of your own doesn’t necessarily need a big capital. Blogging. To start ice-cream business, you require a capital of between Ksh20,000-Ksh 70,000. Store rental can be expensive at 20,000 to 30,000 PHP per month. 8 Businesses You Can Start with P50,000 or Less [Updated] Tutoring | Starting Capital: PHP 2,000. 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 … However, they can be expensive. There are many online shopping platforms to sell your goods – Lazada, Shopee, OLX, and eBay Philippines, among others. Do you want to be your own boss? Answer: The amount will depend on how big is your store area and how much variety you plan to carry. You not only need to consider how much space you need but the location itself. The Philippines is a pastry-loving country where people eat “pandesal” every morning and never fail to buy a cake during special occasions. If you […] There is virtually no street in the country that doesn’t have a bakery – and they’re all busy. The bulk of the investment will be allotted to buying equipment like ovens and other baking utensils. 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. In the Philippines, 5000 pesos to open a business — or no capital all — is easy if you love what you do. The good news is, setting up a small business is easier and faster, thanks to the latest trends in technology. with vinegar like in Vigan, or with oregano like in Lucban. Business Franchise Packages that Costs 50,001 to 100,000 pesos. Next, you’ll need to decide where to sell online. If you continue to use this site we will assume that you are happy with it. Food Kiosk. 3D printing. English Instructor. That’s quite a huge number, and that is why setting up an online shop is a good business to start with. Mothers are now working outside to help in the finances of the household. Chocolate Making. Share them in the comments section below. You may need about 50,000 to 100,000 PHP for a laundry services center. Here's a list of 20 small business ideas you can work on with low investment. 4. If ... 2. You may choose franchise companies since they can let you lease the machines. Food kiosks are ideal for people who are just starting in business because they’re ... 2. Skinless longganisa, a Filipino-style sausage, is a popular viand that you can find in most dining tables of Filipino families. Birthday, baptismal and wedding parties in the Philippines have completely levelled up in the past few years. Having a business is everyone’s dream because you are the boss and no one tells you what to do. Ukay-Ukay/Thrift shop 10 Best Franchise Business Opportunities in the Philippines Under P500,000. You can also check out Facebook’s marketplace or pages, where you can sell your products. That’s enough to buy all the cooking utensils and equipment. 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