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9 Business Plan Examples to Inspire Your Own (2024)

Need support creating your business plan? Check out these business plan examples for inspiration and guidance.

Any aspiring entrepreneur researching how to start a business will likely be advised to write a business plan. But few resources provide business plan examples to really guide you through writing one of your own.

Here are some real-world and illustrative business plan examples to help you craft your business plan .

Business plan format: 9 examples

The business plan examples in this article follow this template:

• Executive summary
• Company description
• Market analysis
• Products and services
• Marketing plan
• Logistics and operations plan
• Financial plan
• Customer segmentation

1. Executive summary

Your executive summary is a page that gives a high-level overview of the rest of your business plan. While it appears at the beginning, it’s easiest to write this section last, as there are details further in the report you’ll need to include here.

In this free business plan template , the executive summary is four paragraphs and takes a little over half a page. It clearly and efficiently communicates what the business does and what it plans to do, including its business model and target customers.

2. Company description

You might repurpose your company description elsewhere, like on your About page , social media profile pages, or other properties that require a boilerplate description of your small business.

Soap brand ORRIS has a blurb on its About page that could easily be repurposed for the company description section of its business plan.

You can also go more in-depth with your company overview and include the following sections, like in this business plan example for Paw Print Post:

Business structure

This section outlines how you registered your business —as an LLC , sole proprietorship, corporation, or other business type : “Paw Print Post will operate as a sole proprietorship run by the owner, Jane Matthews.”

Nature of the business

“Paw Print Post sells unique, one-of-a-kind digitally printed cards that are customized with a pet’s unique paw prints.”

“Paw Print Post operates primarily in the pet industry and sells goods that could also be categorized as part of the greeting card industry.”

Background information

“Jane Matthews, the founder of Paw Print Post, has a long history in the pet industry and working with animals, and was recently trained as a graphic designer. She’s combining those two loves to capture a niche in the market: unique greeting cards customized with a pet’s paw prints, without needing to resort to the traditional (and messy) options of casting your pet’s prints in plaster or using pet-safe ink to have them stamp their ’signature.’”

Business objectives

“Jane will have Paw Print Post ready to launch at the Big Important Pet Expo in Toronto to get the word out among industry players and consumers alike. After two years in business, Jane aims to drive $150,000 in annual revenue from the sale of Paw Print Post’s signature greeting cards and to have expanded into two new product categories.”

“Jane Matthews is the sole full-time employee of Paw Print Post but hires contractors as needed to support her workflow and fill gaps in her skill set. Notably, Paw Print Post has a standing contract for five hours a week of virtual assistant support with Virtual Assistants Pro.”

Your mission statement may also make an appearance here. Passionfruit shares its mission statement on its company website, and it would also work well in its example business plan.

3. Market analysis

The market analysis consists of research about supply and demand , your target demographics, industry trends, and the competitive landscape. You might run a SWOT analysis and include that in your business plan. 

Here’s an example SWOT analysis for an online tailored-shirt business:

You’ll also want to do a competitive analysis as part of the market research component of your business plan. This will tell you which businesses you’re up against and give you ideas on how to differentiate your brand. A broad competitive analysis might include:

• Target customers
• Unique value proposition , or what sets the products apart
• Sales pitch
• Price points for products
• Shipping policy

4. Products and services

This section of your business plan describes your offerings—which products and services do you sell to your customers? Here’s an example for Paw Print Post that explains its line of custom greeting cards, along with details on what makes its products unique.

5. Marketing plan

It’s always a good idea to develop a marketing plan before you launch your business. Your marketing plan shows how you’ll get the word out about your business, and it’s an essential component of your business plan as well.

The Paw Print Post focuses on four Ps: price, product, promotion, and place. However, you can take a different approach with your marketing plan. Maybe you can pull from your existing marketing strategy , or maybe you break it down by the different marketing channels. Whatever approach you take, your marketing plan should describe how you intend to promote your business and offerings to potential customers.

6. Logistics and operations plan

The Paw Print Post example considered suppliers, production, facilities, equipment, shipping and fulfillment, and inventory. This includes any raw materials needed to produce the products.

7. Financial plan

The financial plan provides a breakdown of sales, revenue, profit, expenses, and other relevant financial metrics related to funding and profiting from your business.

Ecommerce brand Nature’s Candy’s financial plan breaks down predicted revenue, expenses, and net profit in graphs.

It then dives deeper into the financials to include:

• Funding needs
• Projected profit-and-loss statement
• Projected balance sheet
• Projected cash-flow statement

You can use a financial plan spreadsheet to build your own financial statements, including income statement, balance sheet, and cash-flow statement.

8. Customer segmentation

Customer segmentation means dividing your target market into groups based on specific characteristics. These characteristics can be demographics, psychographics, behavior, or geography. Your business plan will provide detailed information on each segment, like its size and growth potential, so you can show why they are valuable to your business. 

Airsign , an eco-friendly vacuum cleaner company, faced the challenge of building a sustainable business model in the competitive home appliance market. They identified three key customer personas to target:

• Design-oriented urban dwellers
• Millennials moving to suburbs
• Older consumers seeking high-quality appliances

The company utilized Shopify’s customer segmentation tools to gain insights and take action to target them. Airsign created targeted segments for specific marketing initiatives.

Put your customer data to work with Shopify’s customer segmentation

Shopify’s built-in segmentation tools help you discover insights about your customers, build segments as targeted as your marketing plans with filters based on your customers’ demographic and behavioral data, and drive sales with timely and personalized emails.

9. Appendix

The appendix provides in-depth data, research, or documentation that supports the claims and projections made in the main business plan. It includes things like market research, finance, résumés, product specs, and legal documents. 

Readers can access detailed info in the appendix, but the main plan stays focused and easy to read. Here’s an example from a fictional clothing brand called Bloom:

Appendix: Bloom Business Plan

Types of business plans, and what to include for each

This lean business plan is meant to be high level and easy to understand at a glance. You’ll want to include all of the same sections in one-page business plan, but make sure they’re truncated and summarized:

• Executive summary: truncated
• Market analysis: summarized
• Products and services: summarized
• Marketing plan: summarized
• Logistics and operations plan: summarized
• Financials: summarized

A startup business plan is for a new business. Typically, these plans are developed and shared to secure funding . As such, there’s a bigger focus on the financials, as well as on other sections that determine viability of your business idea—market research, for example:

• Market analysis: in-depth
• Financials: in-depth

Your internal business plan is meant to keep your team on the same page and aligned toward the same goal:

A strategic, or growth, business plan is a big-picture, long-term look at your business. As such, the forecasts tend to look further into the future, and growth and revenue goals may be higher. Essentially, you want to use all the sections you would in a normal business plan and build upon each:

• Market analysis: comprehensive outlook
• Products and services: for launch and expansion
• Marketing plan: comprehensive outlook
• Logistics and operations plan: comprehensive outlook
• Financials: comprehensive outlook

Feasibility

Your feasibility business plan is sort of a pre-business plan—many refer to it as simply a feasibility study. This plan essentially lays the groundwork and validates that it’s worth the effort to make a full business plan for your idea. As such, it’s mostly centered around research:

Nonprofit business plans are used to attract donors, grants, and partnerships. They focus on what their mission is, how they measure success, and how they get funded. You’ll want to include the following sections in addition to a traditional business plan:

• Organization description
• Need statement
• Programs and services
• Fundraising plan
• Partnerships and collaborations
• Impact measurement

Set yourself up for success as a business owner

Building a good business plan serves as a roadmap you can use for your ecommerce business at launch and as you reach each of your business goals. Business plans create accountability for entrepreneurs and synergy among teams, regardless of your business model .

Kickstart your ecommerce business and set yourself up for success with an intentional business planning process—and with the sample business plans above to guide your own path.

Business plan examples FAQ

How do i write a simple business plan.

To write a simple business plan, begin with an executive summary that outlines your business and your plans. Follow this with sections detailing your company description, market analysis, organization and management structure, product or service, marketing and sales strategy, and financial projections. Each section should be concise and clearly illustrate your strategies and goals.

What is the best format to write a business plan?

The best business plan format presents your plan in a clear, organized manner, making it easier for potential investors to understand your business model and goals. Always begin with the executive summary and end with financial information or appendices for any additional data.

What are the 4 key elements of a business plan?

• Executive summary: A concise overview of the company’s mission, goals, target audience, and financial objectives.
• Business description: A description of the company’s purpose, operations, products and services, target markets, and competitive landscape.
• Market analysis: An analysis of the industry, market trends, potential customers, and competitors.
• Financial plan: A detailed description of the company’s financial forecasts and strategies.

What are the 3 main points of a business plan?

• Concept: Your concept should explain the purpose of your business and provide an overall summary of what you intend to accomplish.
• Contents: Your content should include details about the products and services you provide, your target market, and your competition.
• Cash flow: Your cash flow section should include information about your expected cash inflows and outflows, such as capital investments, operating costs, and revenue projections.

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Free business plan template

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Xero is your partner in all aspects of your business, not just accounting software. Whether you need a multi-page or one-page business plan template, our free business plan template comes ready to fill in, complete with instructions. Download a business plan sample today.

Download the business plan template

Fill out the form for a downloadable business plan template. Your business plan doc is available as an editable pdf to use again and again.

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Why business templates are vital

A business plan is essential for the success of your small business or startup. It helps guide the direction of your business and explains your vision to others. A reusable single- and multi-page template lets you tailor your pitch for investors, staff, and prospects. Plans help:

• Included Startups decide if the idea is viable.
• Included Small businesses gauge the competition, determine their competitive advantages, set goals, and plan marketing strategies.

Download our guide on how to write a business plan

Why you’ll want to plan your business with our template

Our business plan template:

Helps you budget accurately

Our business plan’s customisable structure lets you accurately present your financial data.

Find out more about Xero analytics

Explains business plan components

Each business plan component comes with an annotated explanation to help you write your plan.

Read our guide on creating a business plan

Has multi-page and single-page versions

Simplify your mission, then focus it for investors with two different templates.

Download the single and multi-page templates

Getting started with the business plan template

Develop a concise mission statement about why your company exists and how it differs from similar companies. For example, Google’s statement is ‘To organise the world's information and make it universally accessible and useful’. LinkedIn’s statement is 'Connect the world’s professionals to make them more productive and successful'. Then, develop business goals and objectives that fit with your statement. For example, LinkedIn’s objectives would specify metrics around the number of professionals and connections.

A value proposition presents the specific benefits your product or service brings to your customer, reinforces your brand identity, and give your team a focus. Business plan examples of value propositions might be: 'We help our customers feel good by fueling up with exceptional coffee in a community environment’, or ‘We help our customers choose the right gift in less than 10 minutes’.

A business plan for startups defines its target customers. All businesses should include market analysis in their business plans and update their analysis regularly. Start with your customers’ demographics. Then use the internet and primary sources like surveys and interviews) to learn more. Next, identify competitors and determine their strengths and weaknesses. Compare them with each other and decide where you fit within the competitive environment.

Successful small businesses promote their brands through websites, social media, broadcast ads, or sponsorships. They also use various sales channels, including online, brick-and-mortar stores, affiliates and distributors. Your business plan market analysis helps you decide the marketing strategies for your industry, product, and target audience. It also will help you predict annual sales – a key part of your financial planning.

Your business plan outline will also include your business structure, such as whether you are a limited corporation or partnership. It will list any operating agreements and information on supplier logistics. For example, how you will receive your raw materials and how you’ll deliver the product to customers. It will describe your daily operations and number of employees. Once you’ve completed your business plan, you’ll develop job descriptions for each role and begin hiring your team.

Financial forecasting is an important part of financial planning for businesses. Investors and lenders want to see your forecasts to determine whether to provide financing. The forecast also helps you budget to weather seasonal revenue dips and decide how many staff you can afford. It’s also a benchmark for gauging your performance, so you can take corrective action if necessary. Hiring a bookkeeper or accountant will help you make more accurate forecasts.

One-page business plan template

Writing about customers, competitors, income, and expenses will build your ideas in a short time. A single-page business plan template is:

• Included Easy for you and investors to read and understand
• Included Great for making a start
• Included Helps pin down the main idea
• Included Easy to update

Example of a business plan

Need an example of a simple business plan to get started.

Check out our filled-in, one-page business plan and be inspired to write your own.

When you’ll need a multi-page template

A multi-page business plan template has detailed forecasts and budgets, with evidence behind statements of costs, market size & competition

Pitching to investors

A multi-page business plan provides a comprehensive overview and is essential when you’re seeking funding.

Download multi-page business plan template.

Financing your business

Detailed financial planning for business demonstrates to lenders you manage funds responsibly.

Download our finance guide.

Forecasting and budgeting

A multi-page plan sets out expectations behind your business goals and objectives with detailed forecasting.

Learn about budgeting and forecasting.

FAQs about business plan templates

You want your team and investors to grasp your vision at a glance. A simple, concise plan is easier to understand, implement, and track. A complex plan can be overwhelming, leading to procrastination or inaction, and harder for your team to grasp. A simple plan is less daunting and more easily achievable, so you and your team are more likely to follow through with it.

Absolutely. The template is fully editable and customisable. You can change the content to create a plan that is unique, engaging, and personal, and update the plan easily as conditions change. The template guides you through the process, but doesn’t require you to do your plan a certain way.

Xero does not provide accounting, tax, business or legal advice. This template has been provided for information purposes only. You should consult your own professional advisors for advice directly relating to your business.

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Access Xero features for 30 days, then decide which plan best suits your business.

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Ultimate Guide in Creating a Business Plan in 2020

Starting a business is not a one-way street. It involves different processes that require analytical skills and logical thinking. It is also never easy to establish without enough knowledge, hard work, and attitude that lead people to patronize your idea, and eventually, the business itself.

Many aspiring entrepreneurs are asking: is there a secret recipe to perfect the business world? There will never be an objective answer to this question because, in reality, it is a mixture of both objective and subjective aspects.

One particular part of the objective is the business plan - the powerful document that serves as the backbone of every business.  For us to understand what a business plan is, it is necessary to define its meaning, and we have it prepared for you.

Table of Contents

Business plan definition.

• The Importance Of Business Plan
• Elements of Effective Business Plan

Executive Summary

Opportunity, company and management summary, financial plan, how to write a business plan, business plan vs. business model, failure rate without a business plan, business plan timeframe, pointers in creating the business plan, covid-19 and philippines businesses, your business plan amidst covid-19, free business plan templates for you.

Various sources and business organizations have defined business plans differently; however, when encapsulated in one thought, it refers to the written document that describes in detail the business’s objectives and goals, mainly, if it is a start-up company.

It also means laying out a forecasted roadmap that covers up the scope and limitations of every department in the company and bears different perspectives coming from the administration, marketing, financial, and operational standpoint.

The Importance of Business Plan

Knowing how a business plan works, it is now time for you to understand its importance and relevance in the business thoroughly. It is essential to know that a business plan is a gem for companies, and it is best if it is not misleading and confusing.

Simplified, a business plan is essential because it is used to attract investment, even if the company has no proven track record yet. At the same time, it guides the company to move forward in accordance with the set goals and expectations.

Elements of an Effective Business Plan

An effective business plan should not fail the stakeholders in providing complete information about the business. It must have all the necessary information needed so as not to mislead potential investors. Avoiding this problem can help you secure funds easier than usual. 

If you do not know how to start creating a business plan, here are the six essential components of a well-done business plan that you should know.

The executive summary includes information that helps stakeholders understand the overall content of the business plan.  In other words, it is an overview of the business, including the goals, objectives, mission, vision, projects, teams, and other departments. This section should be short and concise, usually around one or two pages. A typical executive summary is placed at the beginning of the document, but others prefer to put it at the end of the paper.

When you write the opportunity section, make sure that you answer these questions: What are you selling? How does this product help solve a problem in the market? Lastly, who is your target market and competition? It is necessary to provide comprehensive answers to these questions to address the audience and the market’s concerns right away.

The business plan's execution is focused on the steps you plan to undertake as you take the opportunity and turn it into a profitable business endeavor. This section must have the marketing and sales plans, including the operations, milestones, and critical performance metrics for success.

At this part of the business plan, you are given a chance to showcase your teams. Most investors are also particular about the kind of individuals that comprise your team, so it helps a lot if you can explain each group in a very detailed manner. If you still need to hire additional people, use this chapter to define who you need to hire and why. It should also contain an overview of your legal department and other information about the business that is not common knowledge, mostly if you are already operating.

A business is not complete without a financial forecast and source of funds. This is one reason why a business plan should have a detailed financial section, wherein you can lay the foundations of your financial plan. Such a plan usually includes the following: sales forecast, cash flow statement, income statement, and balance sheet.

The business plan’s appendix should only include references, additional product images, and supplementary information about the business and other sections. You can also add here additional reports, tables, diagrams, or illustrations that can support your entire business plan.

It is easy to take note and comprehend the overall idea of a business plan, but conceptualizing and writing one is not everyone’s cup of tea. Here are three fundamental aspects that you should consider in writing a business plan.

Keep it short but detailed.

Make sure that your business plan is not as thick as a law book. As much as possible, try to have at least a 30-page business plan, with up to 50 pages maximum.

Write it plain and simple.

Although writing a business plan seems like a technical task, it is best not to use jargon in your plan. If it is unavoidable, make sure you explain the terms in the simplest ways possible.

Observe proper grammar, spelling, and punctuations.

Just like any other types of documents, observing perfect grammar, spelling, and punctuations add plus points to your business plan. Ensuring that everything is well-written will prevent any misunderstanding between you and the stakeholders.

Moreover, if you think writing a business plan is not your forte, here are seven helpful tips that will help you:

1. Research thoroughly

Before starting your first draft, you must already have researched the business's necessary details, backed up by proven and correct data gathered through surveys and interviews or other methods available in the market.

2. Determine the purpose of your plan

It is also essential that you know the aim of the business plan. With this in mind, doing the plan will be a lot easier, and you will certainly be on track.

3. Create a company profile

Your company profile should also be ready so that you can input right away any necessary information from it. Having a detailed company profile also adds credibility to your business.

4. Document all aspects of your business

It is also suggested to document every process in your company so that it is already easy for you to write them down and elaborate when you write the business plan.

5. Have a strategic marketing plan in place

Every entrepreneur should consider this done as soon as possible since it is an excellent addition to the business plan. Having strategic marketing in place adds authenticity to the business since marketing approaches differ from one company to another and is considered a unique trait of your business.

6. Make it adaptable based on your audience

You do not want to write a business plan that your stakeholders cannot understand, especially for the investors. Hence, it is your responsibility to ensure that they recognize the plan’s importance at a glance.

7. Explain why you care

Most of all, a business plan should include information that expresses why you care about your business. At times, people may think you are only after income and fame. Hence, it will help a lot if you can explain well in the business plan why you are creating the business in the first place.

While most entrepreneurs do not get confused any more with a business plan and business model , some may still have this dilemma, especially when they are always about to start their entrepreneurial journey.

So, here is a quick differentiation between a plan and a model. A business plan practically lays out all the necessary information about a business, including those related to its administration side. Most of the time, the plan is used for funding purposes, while a model is mostly used to attract potential clients for the business.

On the other hand, a business model is the structure of the business itself. It explains how the company operates daily, what processes are used, and what protocols are followed.

There is an apparent difference between the two concepts, so you should not have difficulty differentiating both ideas. However, it would help if you remembered that the two could go hand-in-hand as soon as the business starts operating.

The likelihood of a failed business caused by having insufficient or no business plan has been discussed and supported by some studies performed by university students from universities worldwide. At the same time, although not in the Philippine setting, data from the Bureau of Labor Statistics in the United States of America revealed the following:

• 20% of small businesses most likely fail during the first year
• 30% of small businesses fail in the second year
• 50% of small businesses fail after five years in business
• 70% of small business owners fail in their 10th year in business

Moreover, it is emphasized the other reasons why businesses fail aside from not having an effective business plan. Among these reasons are the following:

• There’s no market need for their services or products.
• The business ran out of cash.
• It does not have the right team to make the business run smoothly.
• It has pricing and costing issues.
• There is no business model.
• It has poor marketing and customer service

In general, the timeframe in business planning refers to how far you are willing to go for your business’ future. Of course, it is given that you envision your business to grow and last for years, but sad to say, a business plan does not last forever. Instead, each plan covers only a certain planning period.

Business planning is an ongoing process that requires massive and in-depth research and benchmarking. Before thinking about the timeframe, it is essential to know that this continuous project does not simply end by completing it before launching the business. 

Here are some factors to consider when scheduling your business plan’s timeframe.

You need to define how far out your planning horizon goes. At the same time, you must commit to achieve it within that set timeframe, but it should also depend on the kind of business and the pace at which your industry is moving. Remember that some businesses only need six months to prove their worth in the market.

Benchmark Years

The nature of the business itself is a defining factor that affects a business plan timeframe. For example, nonprofit organizations usually have a five or ten-year timeframe. For the rest, they can choose to adopt one-year, three-year, or five-year benchmarks.

For something that is not fixed at all, you should condition your mind that a business plan will constantly have revisions over time. You must consider it as a schedule only to follow so you can stay on track, but me mindful enough that it can be subjected to reviews and changes.

We know that setting goals and establishing measurable objectives are critical points of a plan. However, knowing these are not enough. planning. You have to be accountable in including specific milestones along the way. You can do this by month or weekly, but the former is more preferable than the latter.

Now, let us talk about the pointers to include.

Basically, you should be able to inform the stakeholders the purpose of the plan in a clear and concise manner - straightforward and substantial. It helps if the plan can provide answers to the following questions:

• What is the type of business?
• What is your main funding source?
• What are your other planned fund sources?
• What does the business need to stay operational?
• How much is your operational budget?
• Who are your customers?
• How can you reach them?
• What is your unique selling point?
• How will you handle competition?
• Do you have a prepared SWOT analysis?
• What do you think are the major challenges?
• How will you measure the success of the business?

The year 2020 has been a rollercoaster ride, especially when the coronavirus pandemic broke out. It wreaks havoc not only in our country but worldwide, affecting most of the countries’ economies.

With not much of a stable economy, the Philippines has been struggling to revive the dying economy and the businesses have started already to fall apart, with some of the entrepreneurs giving up against their will.

It is for sure that the implications of the pandemic in the country is devastating and it will take time to recover completely. Those businesses that have managed to survive should consider the following:

• Continuously work on business plan
• Adapt the “new normal” protocols
• Focus on customer satisfaction
• Continue being innovative  

This time, it is important to know that a business plan is of equal importance and significance in helping you thrive in the business world.

So, what should your business plan look like during this pandemic? Here are some suggestions:

• Understand that the aim of the plan is to guide you through an economy that is affected by pandemic. 
• Set realistic goals and objective insights.
• Consider the pros and cons of starting a business at this time.
• Consider the limitations that can affect the business.
• Check and research if some border restrictions can affect your supply chain and other supplies needed for the smooth operation of the business.
• Define who are your target customers.
• List your competitors.
• Your action plan in relation to the “new norm.”
• Follow the other points as indicated in a normal business plan.

Indeed, it can be a lot easier to have a ready business plan template in place, but we still recommend you to have your own outline. If this does not sound feasible to you, we have listed some downloadable templates you can use.

BPlans.com Score.org Startuploans.com

In a nutshell, a business plan is a company’s important document that provides clear and specific information regarding the business and its operations. It has different essential parts to include, so always ensure that your plan has all of them; otherwise, it is only a document without any meaning at all.

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Disclaimer: Franchise Market Philippines strives to provide relevant and accurate information in all its articles. However, some information in our articles may differ or might be outdated from what you can see or read directly from the establishments' or businesses’ websites. Please get in touch with us directly for any discrepancies.

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8 Steps to Start a Small Business in the Philippines

The Republic of the Philippines, located in Southeast Asia, is one of the booming business grounds that provides local and foreign business investors to step forward and invest in the zone.

Compared to the other zones, it has established itself as a prosperous industrialized nation. Although the economy depends mainly on agriculture, other industries have also found a suitable space to grow.

Be it an established business or even a budding start-up that you hold; the Philippines is a perfect gateway to give a kick-start!

This blog outlines the steps required to incorporate a small business in the Philippines. If you are looking forward to setting up your business in the Philippines , it is a must-read for you!

However, before we deep dive, let’s glance at the highlights of the economy.

Encouraging Features of the Philippines

A few of the provoking features of the nation are highlighted below:

• Ranked as the 34th largest economy
• There has been a continuous spike in the GDP
• A wide range of business industries
• Multiple times of business structures
• Multi-currency trading

Small Business in the Philippines

The economic upsurge has made the Philippines a flourishing nation during the past few years. A few of the benefits of starting a small business in the Philippines include:

• Domestic and regional market opportunities
• Favourable economic conditions
• English is the official language

The government has taken numerous initiatives to boost the MSMEs by building a development plan that aims and address the core challenges for further development.

A few of the initiatives taken by the government include:

• Establishment of Negosyo centres to improve the business environment
• ASENCO is a government aimed at creating an SME-friendly environment
• The implementation of the Shared Service Facility (SSF) to promote skill, tools and knowledge among the different business entities.

How to Start a Small Business in the Philippines?

Starting a small business in the Philippines requires the below-mentioned steps to be followed accordingly:

Figure out a list of business ideas

Initially, it would help if you listed a few business ideas in your mind. Your business investor needs to get a clear picture regarding the business that one is planning to start.

Conduct a project study

In the next move, you need to proceed ahead with the project study. But, first, a market study needs to be done to determine the viability of the options.

Draft a business plan

A business plan consists of an executive summary, SWOT analysis, goals and objectives, framework, summary etc.

This will help you create a clear roadmap and move on with the respective steps accordingly.

Highlight funding sources

If we are fully confident about our business plan, the next step would be to acquire funding from various sources.

Finalize a business structure

The ground of the Philippines allows business investors to choose from a wide variety of business structures to proceed with.

It would help to finalise the business entity based on the available capital and the number of shareholders looking forward to investing in your business.

Finalize a business name

After deciding on the business form, you need to finalize the business trade name. The selected business name should represent the business activities. Also, it would help if you did market research to understand the trade names of the competitors available in the market.

Submit the relevant documents

Handover the respective set of documents to your business advisor so that the same can be submitted to the government authorities and separate approvals can be obtained easily.

Register the business

After obtaining the respective approvals from the relevant government authorities, get the certificate of incorporation. After fetching the same, the business activities can be commenced.

So, you have an overall idea about the small business set-up in the Philippines.

Now, the incorporation process turns out to be easier if you do have a helping hand by your side. At Business Setup Worldwide, we assist business minds in setting up their business at ease. We are a global network of business consultants providing business incorporation and support services in the Philippines.

For more information on the same, feel free to speak with our experts. Contact us today- we’d be glad to assist!

What are the best business industries in the Philippines?

A few of the best business segments in the Philippines include: 

• Manufacturing
• Real Estate
• Construction
• Wholesale and Retail Trading 
• Food Service Activities

What are the best business structures in the Philippines?

• Sole proprietorship
• Partnerships
• Corporations

Published on: 17 Jan 2019

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Essential Documents When Starting a Small Business in the Philippines

• by Web Admin
• September 2, 2022
• Online Business

Thinking of leaving your 9-5 job and becoming the big boss of your life? Why not start your own small business? After all, what tech giants like Google and renowned food brand Jollibee have in common is that they both started small.

Starting a small business requires work and a few essential business documents in the Philippines. In this blog post, we’ll discuss the seven essential business documents you need when starting a small business in the Philippines. 

So, if you’re ready to start your own business, keep reading!

DTI Business Name Certificate

One of the first and most important steps you have to take when starting a small business is to register your business trade name at the Department of Trade and Industry. If you’re a sole proprietor, go to the nearest DTI office, fill out the form and submit it together with the necessary requirements. 

The DTI Business Name Certificate is one legal document that needs to be taken seriously. So, be sure that you carefully fill out the forms and disclose all the important and relevant information to avoid any penalties or worst, your certificate will be invalidated.

Barangay Business Clearance

You also have to inform the barangay center about your business. Having a small business means you have to secure a barangay clearance for recognition in the community where your business is operating.

Go to the Barangay Hall where your business is located and present these documents:

• Filled application form
• DTI Certificate of Registration (for sole proprietors)
• Two valid IDs
• Proof of residence
• Community Tax Certificate
• Certificate of Incorporation from SEC (for partnerships as corporations)
• Lease Contract
• Business plan

Once all the documents are approved, pay the clearance fee. The fee varies per barangay center you’re transacting with but the fee range is usually from P500-P1000.

Keep in mind to check that all information on the barangay business clearance is correct and that you have an official receipt. 

Business Permit (Mayor’s Permit)

As a small business owner, you also need to get a business permit from your LGU. This serves as an acknowledgment that your business is legal and licensed to operate in that city or town. 

A business permit is an essential business document when starting a small business in the Philippines because that serves as proof that you can legally operate and that your business is registered in that specific city or town.

BIR Registration Document

After registering your business trade name with DTI, it’s time for you to register with the BIR and pay your responsibility as an income-earning citizen of this country—that is to pay taxes. The BIR Registration Document is one of the essential business documents when starting a small business in the Philippines. 

This is how you’ll get invoices, official receipts, and books of account for your small business. The BIR office is also where your tax obligations e.g. income tax, VAT, and withholding tax are being issued and computed.

If your small business comprises staff (even if it’s just one or two), you have to register and set them up with the Social Security System (SSS). Under RA 8282, all employees hired by private companies are required to apply for membership with the SSS.

As a small business owner, you have to go to the nearest SSS office and present the following documents:

• Employment Form R1A
• Employment Registration Form R-1
• Articles of Incorporation/Partnership
• Articles of Cooperation
• Accreditation from DOLE

You have to keep in mind that all the information in the documents you submitted should be valid and correct at the time of application. SSS will verify these documents and if there’s any mismatch, this could lead to a delay in the application process or worst, denial of your application.

Aside from SSS, you also have to submit a list of your employees and register them with the Pag-IBIG Fund. 

In preparing this essential business document when starting a small business in the Philippines, you need the following documents:

• SSS Certificate
• SSS R1/R1A and R3
• Specimen Signature
• Proof of Business Ownership
• For Sole Proprietorship: DTI and BIR Certificate, Business Permit
• For Partnerships and Corporations: SEC Certificate, Articles of Partnership, Board Resolution, Business Permit, BIR Certificate

Then download and fill out the Employer’s Data Form ( EDF ) and Membership Savings Remittance Form ( MSRF ) from Pag-IBIG’s website. After filling out all the necessary information, head to the nearest Pag-IBIG office and submit the two forms along with the required documents.

Once approved, you will be given a copy of your EDF with the Registration Tracking Number (RTN). Your RTN is important, especially when paying for the monthly contributions while you don’t have an employer ID number yet. Make sure that you don’t lose it or make several copies just in case.

The employer ID number is given once you’ve successfully attended the seminar they have assigned to you.

Philhealth is another essential business document when starting a small business in the Philippines. It provides health and hospitalization allowances to your employees. 

To register your business with Philhealth prepare these documents:

• Barangay Certificate
• Business Permit
• DTI Certificate (for sole proprietorship); SEC registration (for partnership/corporation)

Then download the Employer Data Record ( ER1 Form ) from the Philhealth website and fill out all the necessary information. Once completed, submit it to the nearest Philhealth office. Be sure all the information is correct to avoid delays or worse, rejection of the application.

Once approved, you will then be issued a certificate together with your company’s Philhealth Employer Number (PEN) as well as your registered employees’ Philhealth Identification Number and Member Data Record.

Essential Business Documents FAQs

Why are essential business documents important?

Business documents are important because it instills confidence within your business and among investors and clients.

What are examples of business documents?

Business documents include payroll reports, bank statements, income statements, receipt records, balance sheets, and tax reporting forms.

If you’re looking to start a small business in the Philippines, make sure you process these essential business documents first. Doing so will help ensure a smooth and successful launch of your new venture. It also means that when you have these essential documents, the products or services you sell are safe and legal. 

We wish you all the best as you embark on this exciting journey! 

Further reading: 

• 10 Small Business Accounting Tips You Need To Know

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Launching Your Online Clothing Business in the Philippines: 5 Steps to Success

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150+ Profitable Small Business Ideas & Opportunities in the Philippines

Last Updated on – Apr 22, 2024 @ 8:29 pm

What’s the best business idea to start in the Philippines? When starting any type of business, don’t expect it to make you an overnight millionaire. It takes research, hard work, and resources.   That said, some of the best business ideas with the biggest earning potential are often service-based that include freelancing, consulting, and brokerage because of their low capital investment. You also don’t need to worry much about high operational costs.   Online selling is another extremely profitable business idea. Whether you want to sell on an e-commerce platform, post on FB marketplace, or try live selling, this will enable you to expand your business’ reach to a wider audience (and sales) quickly.

See our Editors’ Top Picks

Dreaming of setting up your own business in the Philippines but don’t know where to start?

You’re in luck—here’s our massive list of small business ideas to kickstart your vision into reality.

Why is it a good idea to start a business this year?

Answer: The Philippines is experiencing some serious economic growth right now making this a great time to ride the wave.

Our study shows that the preferred investment strategy for most Filipinos (27%) is to start their own businesses, rather than choosing other investment vehicles.

It surely is the best time to start investing to build your own business.

What is a Business?

An entity or an enterprise that is committed to providing goods or services in exchange for some form of payment. In its most basic form, to do “business” is to make a living through commerce.

Best Small Business Ideas in the Philippines [Editors’ Picks]

Here are our top picks for the most promising business ideas to pursue – carefully handpicked drawing upon the wealth of insights and lessons we’ve gathered from brainstorming and starting our own businesses.

1. Online Selling

It can be very lucrative to sell your products online because it lets you operate your business without a traditional shopfront.

What’s more, your customers can purchase your products any time and from anywhere. In the Philippines, there are popular shopping platforms like Shopee, Lazada, and Facebook Marketplace where you can sell your products easily .

You just have to create a seller account. If you lack the funds to start an online shop, you can try dropshipping. In dropshipping, you receive an order, you forward the order to the supplier, and then the supplier fulfills the order.

2. Street Food

Is there anything more classic than the fish ball stand?

For decades, the classic favorites: Fish balls, kikiam, squid ball, isaw, barbecue, tenga, betamax, balut, manggang hilaw, and others have been a part of the Pinoy’s daily culture.

Selling street food presents a lucrative opportunity, especially in places with a vibrant street food culture like the Philippines, thanks to several compelling advantages.

With lower startup costs than traditional restaurants, entrepreneurs can easily enter the market with just a cart, basic cooking equipment, and initial ingredients.

The high demand for street food, driven by its affordability, convenience, and variety, caters to a wide audience, including busy students, workers, and tourists seeking authentic experiences.

Vendors benefit from operational flexibility, choosing when and where to operate for maximum sales, and enjoy lower overheads, leading to higher profit margins. The rapid preparation and service of street food ensure a fast customer turnover, boosting both satisfaction and profits.

Moreover, street food’s cultural appeal and the opportunity for innovation allow vendors to experiment with minimal risk, potentially creating unique offerings that attract attention and build a sense of community.

3. Short-Term Rentals

Short-term rentals refer to the practice of renting out furnished living spaces for short periods, typically ranging from a few nights to several weeks, as opposed to traditional long-term leasing agreements.

These rentals are often facilitated through online platforms like Airbnb, Agoda, and Booking.com, which connect property owners or managers with travelers or individuals seeking temporary accommodations.

I heard from Tim Ferriss’s interview with AirBnB co-founder Joe Gebbia that they initially rented out Airbeds for their paying guests, hence the name, Air Bed & Breakfast or AirBnB.

For the uninitiated, AirBnB allows owners of houses and condo units to rent out their spaces to guests for a fee. They are significantly cheaper versus staying in a hotel that’s why popularity has been steadily rising in the past few years. If you have the space, you might want to check this one out.

4. Vending Machine

If you’re looking for a business with minimal supervision, this one’s a good choice.

Regular maintenance and re-stocking will be your prime tasks here, virtually no manpower for day to day operations is required.

5. Digital Marketing Services

Having online presence and making sure people can easily see a company’s website online can make or break a business. Digital Marketing services offer solutions to website owners who want to reach a wider audience and generate more potential customers /revenue.

As a provider, you can sell your expertise in SEO, Social Media, Content & Email Marketing to businesses looking to grow their brands online.

You can easily find clients to work with through freelancing websites such as Upwork, Freelancer.ph, and Manila Craigslist. And eventually scale by starting your own website where you can promote your services, and by building a team who you can delegate tasks to complete your projects.

6. Meal Prep Service

A meal prep service is a business that prepares and delivers cooked or ready-to-cook meals to customers’ homes or workplaces.

These services typically offer a menu of meal options, which might include a variety of dietary preferences such as vegan, vegetarian, low-carb, or gluten-free meals.

Customers can order meals for the week ahead, selecting from a range of dishes based on their dietary needs, preferences, and goals (such as weight loss, muscle gain, or simply enjoying healthy, balanced meals without the hassle of cooking).

Why is it a good business idea?

7. Dropservicing

Dropservicing, also known as service arbitrage, is a business model where a person or company sells services to clients and then outsources the work to freelancers or other service providers, often at a lower cost.

The dropservicer acts as the middleman between the client and the service provider. This model is similar to dropshipping, which is used in the retail sector, but instead of tangible products, dropservicing deals with digital or professional services.

The key advantages of dropservicing include lower overhead costs, as there’s no need to employ a full-time team or invest in product inventory.

It also allows entrepreneurs to start a business in various niches without needing to be experts in the field themselves.

However, challenges include managing client expectations, ensuring the quality of work from third-party service providers, and navigating the competitive landscape.

Here’s how it typically works:

The dropservicing business markets a service, like graphic design, web/app development, content writing, video producing, social media, or SEO services, to potential clients

Once a client is interested and agrees to purchase the service, they pay the dropservicing business at the price set by the business.

The dropservicing business then hires a freelancer or another company to perform the service at a lower cost than what the client paid.

The service is delivered to the client under the branding of the dropservicing business. The business makes a profit from the difference between what the client paid for the service and what the dropservicing business paid the freelancer or service provider to do the work.

8. Party Equipment & Needs Rental Services

A party rental service provides a range of items and equipment for rent to enhance parties, events, and gatherings. These services cater to various event types, from children’s parties and family gatherings to more significant events like weddings and corporate functions.

They offer a convenient solution for hosts looking to create memorable experiences without the need to purchase all the necessary equipment. Beyond the basics like karaoke machines, tents, tables, and chairs, here’s a short list of unique and engaging items that can be rented out for parties:

9. Smart Home & Automation Services

For engineers and techies who are abreast with the latest in smart home tech and automation systems, this is one practice you can excel at.

We’re a bit behind in terms of these types of modern conveniences (like smart locks, smart security systems, appliance control, and pet care) and it’s about time that we catch up.

You can start small by offering consulting services at first, and having your clients buy the necessary equipment while you take care of the technical side for installation and maintenance.

10. Ready-to-Assemble Furniture

Thanks to the natural abundance of wood, our country is home to skilled woodworkers who produce world-class furniture for local and import.

With the right channels, you can set up a business by sourcing (or through consignment) from a local manufacturer while you focus on logistics/delivery system and marketing.

11. Storage Rental Services

With living space becoming such a premium commodity these days, having a dedicated area to safely tuck away your important stuff or memorabilia is important.

Storage services are popular abroad, and in the Philippines, sites like Kahon.PH and StorageSpace.PH offer the same experience to our fellow Pinoys.

You can start small by renting a small industrial space or warehouse where you can build several storage units you can rent out.

12. Junk Shop

Junk shops earn money through buy and sell. Scavengers sell them junk which they buy per kilo. The shop will then sell it to partner recycling agents who will convert the junk to recyclables.

13. Home & Office Furniture Rental

This is a niche market for those looking into leasing their products instead of selling them. I’ve seen ads online where they offer short and long term “contracts” depending on the client’s needs.

Why rent furniture?

Like renting apartment houses, vacationers who stay in the places they visit for longer periods of time (a few months to a year) can make their living spaces feel more at home with rented furniture.

Definitely saves on money and effort versus importing their own furniture from abroad.

Entrepreneurs can use this same concept when building their companies from scratch. Instead of buying furniture for their rented office space, they can lease them for a year and just renew as they see fit.

They’ll save on start-up costs and can easily “dispose” of the furniture should the business fail. Aside from furniture, you can also choose to lease out computers and other office equipment to business owners (or even offer rent-to-own options for all your products).

14. Business & Company Incorporation Services

Building a business is no easy task. With all the legal paperwork required, you’ll probably need professional help to make sure all bases are covered and with zero loopholes.

Incorporation services make the process streamlined and easy for clients. If corporate and legal matters are your thing, this is a potential business venture.

Also read: How to register a corporation in the Philippines

15. Videography Business

We Filipinos love documenting our lives. From a baby’s christening to its 1st birthday, graduation, debut, wedding, reunions, and pretty much anything else.

Videography services can be a lucrative business if you have the skills and a creative team behind you. Outside family events, there are also other opportunities you can delve into that would pay lot more, such as covering conferences/conventions, producing online video commercials, cinematic real estate videos, as well as live recordings of concerts and festivals.

Other Negosyo Ideas Worth Exploring in 2024

We have also curated other entrepreneurial opportunities below (or what we can consider as honorable mentions) – that focus on innovative and proven profitable business ideas.

Out-of-the-box & Creative Business Ideas

We know you want more, so we’ve created this section for the more creative thinkers out there looking for maverick business ideas.

Have you ever seen those “Sleep Pods” in Japan? These are tiny “rooms” that people book solely for sleep because that’s all you can really do inside given the miniscule space. Cute concept, huh?

Around the world, the concept transformed itself into full-blown relaxation havens called Sleep Capsule Hotels that combine sleeping amenities with relaxation options to make it more enticing to guests.

This New York times article reported that Electric Bikes (E-Bikes) are getting a significant boost in adoption worldwide. Sales of these battery-powered bicycles are starting to reach new highs that numbers are projected to grow to 35 million in 2018 worldwide.

What makes E-bikes an interesting business proposition? For starters, units costs a lot less versus owning a car/motorcycle dealership and more people are starting to love the concept of an electric-assisted bike.

What is a 3D Printer, you ask? It’s a device that turns a design into an actual, physical prototype.

Cool, huh? So if you ever wanted to design a plastic keychain of your head, (not sure why that’s the first thing that came to mind) this is what you’ll use.

These things are pricey but prices have actually gone down significantly since they were first introduced years ago. Aside from manufacturing stuff from scratch, you can also customize or improve existing items for your customers.

Image Credit: ICO Pulse

Unless you’ve been living under a rock in the last 5 years, you probably heard about Bitcoin and other types of these so-called Cryptocurrencies . Yes, it is really happening.

Globally-recognized companies have already started investing in these and even governments and banks of some countries are starting to test the waters of this digital mode of payment.

This rising adoption translates into a steady increase in Cryptocurrency owners.

That’s where Crypto ATMS come in. Aside from being a hub for existing owners to buy and sell cryptocurrency with cash, it makes the process of getting into cryptocurrencies for newcomers easier due to the physical nature of transacting with a machine they are familiar with.

As an owner or a Crypto ATM machine, you’ll earn via transaction fees.

Image Credit: Turbo Future

Don’t let its name intimidate you. It’s essentially an internet-cafe business sans the shop and computers but with boosted WiFi coverage area.

If you’ve ever tried connecting to a public wifi network and got routed to a web page asking you to log-in, that is basically it. But before you can do so, you’ll be asked to buy credits so you can connect and surf using that wifi connection.

Simple enough, right? Citywide Prepaid Wifi Hotspot Services aim to do the same thing—but at a much, much wider scope.

Remember that scene in the movie, “Jerry Maguire”? Cuba Gooding Jr was talking to Tom Cruise (his agent) over the phone when he started yelling “Show me the Money!” As an agent, it’s Tom’s job to find and land a great contract for Cuba.

If pro athletes, movie stars, authors, celebrities, etc., hava agents, then perhaps the same concept can be used for “ Influencers ” , right? These are the people who command a gigantic following in social media.

Their thoughts, opinions, and even the stuff they use greatly influence their followers.

An agency or talent management for influencers (or even video game streamers) can serve as their own agent that will handle contract negotiations, business and legal deals, and finding more clients.

Image Credit: Yahoo! News

As of 2017, there are 220,000 registered public jeepneys nationwide but 90 percent of these are in service for more than 15 years.

A modern jeepney franchise will allow you to operate a fleet of new jeepneys that are approved by the Department of Transportation (DOTr). And while one might argue jeepneys numbers are slowly dwindling, they are never going away.

There’s a need for this type of transportation so demand will always be there.

Image Credit: Dota Buff

Did you know that some Dota 2 players here in our country consistently bag millions of pesos from tournaments?

That’s right, millions. And we’re not talking about 1-million peso team winnings here, but multi-million pot earnings that when totaled can reach almost the hundred-million peso mark. Google “TNC team earnings” and you’ll see exactly what I’m talking about.

TNC is a local Dota 2 Pro team.

Given the right players and resources, an esports team can start winning tournaments local and abroad and cash in on the big bucks. Who knows?

E-sports ain’t like basketball, you don’t have to be tall and be blessed with basketball genes to be a serious competitor (companies like TaskUs also started investing to start their own esports team ).

And teams like TNC proves that we can compete and win tons of pot money in a competitive arena.

When Grab and Uber started catching fire in the Philippines, thousands of car owners started driving their own vehicles as a side hustle. Others had bigger plans in mind, so they started buying multiple cars and hiring drivers similar to the concept of owning a fleet of taxis.

Ride-sharing platforms like Angkas, JoyRide, and Move It are steadily becoming an essential part of the lives of thousands of commuters in the metro today.

All three are modeled after Uber, and the same core concept of fleet ownership can be applied (own multiple Angkas licenses and hire several riders, for example) with you running the whole thing as the operator/owner. 

The concept is not only limited to a ride-hailing platform like Grab. You can apply the same core structure to other business ventures.

Sharing economy platforms like Raket.PH, Gawin.PH, CleaningLady.PH, and MyKuya, serve as online marketplaces where you can hire professionals and freelancers to do tasks .

Others, like Transportify and Lalamove offers logistical services allowing you to hire vehicles to transport your stuff.

Applying the same framework, you can create your own fleet of service professionals or transport vehicles and provide service through these online marketplaces.

Rage rooms are places where people can come in and start smashing stuff up with the goal of venting out pent up anger.

Some say it’s therapeutic, because the actual physical act of destroying things lets off steam and stress. Rage rooms (sometimes called smash or anger rooms) have been around for a while now and can be found in various cities around the globe. 

These are essentially soundproof tiny offices, about the size of a typical office cubicle, that can be installed anywhere. The purpose is to give users a space where they can work and have privacy.

In Japan, these are commonly known as Telecubes, and can be found in hotels, buildings, and even convenience stores. It provides a convenient and decent space to get things done whether it’s for work or personal stuff. 

“IV”, which stands for intravenous, is a method for delivering fluids to the body through the veins. IV therapies are administered by healthcare professionals to ensure proper procedures are followed.

The actual IV solution will vary depending on the customer’s needs. Some IVs contain different types of vitamins and minerals, antioxidants, and even antibiotics.

A Mobile IV Therapy business can function as a per-session service (can come visit the patient) or serve as a kiosk for walk-in customers.

Although a relatively new concept, ADU is another investment Filipinos could look into. These auxiliary apartments serve as secondary houses or spaces shared with the primary home for affordable alternatives. 

According to statistics, CALABARZON, Western Visayas, and Central Visayas are three of the most prominent migration places in the Philippines in 2018. Individuals over 15 years old have experienced migration (regional or local) in the Philippines primarily for educational pursuits. 

With these insights, ADUs will likely thrive in areas where there are offices or colleges nearby. It will be a plus if your location is situated near a tourist spot too! These economic accommodations provide a win-win situation for the business owner and those who are looking for accommodations at competitive prices within the metro. 

You can go eco-friendly and check for container van suppliers nearby. There are pre-fab ones that you can check to make the transition more accessible and convenient.

In its October 2020 issue Labor Report, the PSA cited that the employment rate has risen to 91.3 percent from 82.4 percent back in April of the same year. The current economic outlook is optimistic, with more vaccine roll-outs given to the masses. 

With the economy slowly opening up, businesses may soon resume the usual working environment. And when this hits, you need to be poised to take the opportunity. 

Enter Edu-ployment . 

For this, you basically need to search niche markets and check those that are highly in demand . Search Google and job boards to see the kind of skills you’ll be offering to the market. From here, you can provide training materials to help these individuals to succeed in their chosen industry. 

Edu-ployment such as Acadium has already established itself as a dominant player in this expertise. Using apprenticeships, the business serves as a platform to link an apprentice to a company. You can also take advantage of local Facebook groups and use them as a job board to train potential apprentices. 

Draw inspiration from influencers of your chosen niche. You can then start providing valuable content through Youtube—or even start a podcast. These mediums could serve as a lead generating machine to help you network and find potential individuals to teach the skill.

We are no strangers to a work from the home set-up. From a study done by Lenovo, there’s a 72 percent shift in the workplace environment from offices to work-from-home set-ups in 2019. The potential demand for this could spell M.O.N.E.Y for you. 

A workplace should provide as much comfort as possible. Find furniture, office accessories, and gadgets that promote health optimization. For example, you can look for equipment and other accessories that promote better back alignment, better hand rest, and even better headsets. The key is to provide optimum quality of work-life—even from home. 

Architects may also find a good pool of clients in this niche if they offer home interior design for home workspaces. You can act as a consultant in helping them utilize even a limited space.

NFT means “Non-Fungible Token”. They are unique tokens in cryptocurrency which represent a one-of-a-kind asset or good. Blockchain technology creates these tokens, which can be bought, traded, or sold.

When you use these tokens, you can earn cryptocurrencies which can be converted into cash in the real world. An NFT game that you can try is Axie Infinity, where you can earn cryptocurrency called Small Love Potions (SLP).

Players of the game can earn money by exchanging SLP for other cryptocurrencies and real money, by breeding and selling Axies to other players, and buying land plots which can be sold for a higher price. You don’t have to be a player yourself. You can choose to invest in e-sports players/gamers. The minimum initial investment for Axie Infinity is Php40,000 – Php60,000.

Many Filipinos love drinking coffee, so it is no surprise that mobile coffee shops are growing in popularity. If you have no idea what a mobile coffee shop is, it is basically a food truck or food cart that sells coffee.

Needless to say, you will need a vehicle of some kind to start this type of business. With a mobile coffee shop, you can “open” your shop at one location and then transfer to another location the next day. Some people think this is an advantage because you can go “where the people are”. 

You’re not going to believe how many people are willing to pay you just to get a good night’s sleep. This is where sleep optimization comes into the picture.

This industry is forecasted to become a $112.7 billion industry by 2025. If you ride on this trend, you may hit the jackpot.

But what exactly is sleep optimization? Sleep optimization is the process of optimizing the sleep of a person by monitoring his/her body statistics and the environment around it. It includes sound therapy, optimized lighting, and appropriate temperature in your bedroom, among many others.

By understanding the process of sleep optimization and the technology behind it, you can create a business out of it. You can provide your services to hotels, hospitals, and individuals.

To say that there are tons of opportunities in this industry is an understatement.

Other products that are related to this sleep optimization include sleep-enhancers such as:

• melatonin gummies
• meditation & healthy sleep apps
• gravity blankets
• sleep masks
• top-notch mattresses and pillows.

You can also capitalize on sleep education and release courses, videos, and books.

We also highly recommend checking out this list of small business ideas curated by Juan Investor !

Freelancing Business Ideas

It’s almost a requirement these days for businesses to have their own website. If you know how to build and design websites, there’s an ever expanding market both local and abroad.

These days, we use apps for different things: to order food, to pay bills, to watch shows and movies, and many others. While app development can be lucrative, you will need to invest plenty of time and effort upfront.

However, if you believe that you have a great idea for an app and you think the app will be a financial success, then go for it and develop your own app.

If you have no idea how to develop an app, you can hire individuals to design, develop, and deploy it  for you. 

Offering your camera skills to capture memories (weddings, birthdays, etc) or for professional purposes (businesses, commercial use) makes great use of your creative skills while generating a handsome fee.

Ever wondered how your friend pulled off that amazing aerial shot of an island in that video he posted in Facebook?

Thanks to drones, you can produce footage that were only previously achievable through professional and expensive video equipment. Offering drone services for a variety of purposes (creative video, security surveillance, filming, etc…) can be a unique way of generating income.

Did you know that the most popular online job in the Philippines right now is Virtual Assistant? Filipino VAs are popular to clients abroad thanks to our natural capacity to handle tasks and assist in a variety of ways.

Learn More: Virtual Assistants – what do they do and how to become one

If you love making other people look good through styling, hair and make-up services can be a cool way of earning extra bucks.  

Put your creative juices to good use! Companies and clients pay a handsome fee for services that produce rich and amazing multimedia content.

Editing skills will always be in demand as long as content for both print and the web is produced.

If you love writing, you can write content for websites (blogs, articles, product reviews, etc) and get paid for it.

Writing e-Books as a Ghostwriter commands a much higher fee that easily goes beyond more than a few thousand pesos.

If you’re interested in producing written content from audio and inputting data in systems or spreadsheets, this is another potential income source.

Translation services typically command a higher fee due to the expertise required on a certain language(s).  

If you have the passion for teaching others, you can help while earning money at the same time. So whether your a Math savant or a Voice coach, get out there and earn while helping someone be good at something!

You can share your skills by tutoring students online. Some of the things you can teach are language and different school subjects.

In case you didn’t know, there are websites where you can post your resume and where potential clients can contact you for lessons. It is usually free when you make an account on these platforms, but there are those that also offer paid premium plans that let you promote your profile or contact possible clients directly.

In love with beautifully-crafted lettering? Lots of people appreciate the exquisite art of calligraphy and are willing to pay you to teach them how.

Spying on someone can be a good thing, and you can even get paid for it. If you’re up to the demands of the job and have the skills, you can set up your own private security firm and charge a fee for detective work.

With our natural capacity to speak and write in English, telemarketing and phone support is a solid way of earning moolah.

And you can do this at home! Talent sites like UpWork and Freelancer allow contractors like you to find clients who are willing to pay for your phone skills.

Related:  Business Process Outsourcing to the Philippines [Complete Guide]

Does Apo Whang Od ring any bells? Yes, the booming tattoo industry is sought by many (if not thousands) Filipinos looking to get inked.

The latest style and trends range from minimalist wave tats to hard-core realistic designs. It’s a definite tell-tale sign that this industry is going to fly high. 

Take advantage of the current demographics to start your tattoo business this year. Look into popular trends and ride the waves. Do your research diligently and snoop around forums and social media groups to see what your potential clients would go for.  

With a little bit of creativity and a few thousand pesos to buy for materials, starting a tattoo business will only require you to follow health protocols mandated by the Department of Health. If you have a passion for teaching, you can begin a course targeting those who might be interested to learn the trade. 

Niche down if you must. You don’t want to be labelled as a ‘so-so’ tattoo artist. You can specialize in specific tattoo designs such as minimalist, text, cover-ups, and many more. Once you’ve chosen a niche, look into other artists doing the same and follow what they do. You can start building a portfolio using your social media accounts (hello, Tiktok !).

Food & Beverage Business Ideas

If there’s a business that will never go out of style, it’s eat-all-you-can buffets. There will always be a market for buffets because of the fact that Filpinos are food lovers.

You can have your own buffet restaurant by purchasing a franchise or building your own. This business can have a huge potential especially if you are knowledgeable about certain types of food.

You can focus on desserts, Filipino foods in general, foods in your province, or international dishes such as Mexican, Italian, and Asian.

Related: 14 Food Business Ideas

Love to bake? Folks love a good cake and other baked goodies. Whether it’s a creamy red velvet cupcake or an Elmo-inspired birthday cake, there will always be demand for rich, delicious bakes

Buy them by the sacks, sell them by the kilo. With rice as a Filipino food staple, there will always be customers.

Demand for a good source and delivery service of drinking water will never run out. And with more Filipinos opting to live in condominiums , snagging a whole floor or building of customers for water delivery sounds very profitable indeed.

Filipinos love events. And what does an event needs to make sure attendees are happy? Good food. You can start by catering your neighbor’s birthday party and then move up to more commercial events like weddings and small corporate events.

The family that eats together, stays together. Filipinos love eating out. So whether its a simple neighborhood eatery or tapsilogan, you can always count on FIlipinos’ love for good food for demand.

My favorite is Sago’t Gulaman. I’ve seen Palamig stands in MRT flocked by thirsty commuters for their Buko Pandan and Pineapple coolers.

And there are also many local delicacies to explore, think about all the “kakanin” you have craved over and over again – because most likely – you’re not the only one craving for them.

As an ingredient used on a wide variety of foods and a breakfast must-have, eggs always had strong demand from both household and commercial customers.

Pork chops, beef strips, whole chickens, and a whole lot more—meat shops are one-stop stores for customers looking to stock up on their meat supplies.

From moms looking to cook her kids caldereta to the cook buying chicken wings for his food stall, expect customers to score their favorite cuts by the kilo.

The boom of Food parks in the last few years is testament of the Filipinos craving for a good spot that serves a variety of food. If you have a good product, you can sign up for a spot on a food park.

Even the classic Buy-1-Take-1 burger joints and siomai stands are good alternatives if you prefer to take the solo route.

Have the know-how to brewing beer? Thanks to the internet, having access to the equipment and ingredients to start brewing your own servesa has never been easier.

If you have a winning product, you can start offering it to bars to spread the brand name or sell it on your own online.

Health aficionados helped drive the sales of organically-produced food in the recent years. And with more Filipinos becoming conscious about their health, you can target this demographic and get yourself a solid customer base.

You can also sell your products to restaurants of course.

The Philippines has a growing coffee culture and the increasing demand for community-centric spaces where people can relax, work, or socialize over a cup of coffee.

Additionally, the versatility in coffee shop concepts, from local kapehan to specialty coffee, offers broad market appeal, tapping into both the traditional and modern preferences of Filipino consumers.

Online food delivery services like Foodpanda and Grab make it easy for Pinoys to order their food online. Others cook and deliver home-packed meals to busy working Pinoys who don’t have the time to leave their desks for a delicious meal.

Opening a craft beer pub attracts other folks with the same passion for craft beer. It’s akin to finding a niche product and having a solid base of enthusiasts willing to be paying customers.

Also commonly known as food trucks, Mobile Kitchens are essentially customized vans/mini-trucks equipped with cooking equipment. 

It provides plenty of flexibility and mobility in terms of when and where you want to set up shop.

More importantly, it possesses a certain charm that makes it very popular among food fans. In the US and other parts of the globe, food trucks are a part of the culture, and a thriving business niche on its own.

Aside from being valued at USD 140.3 billion 1 , anyone who is into health-related niches will find themselves in a sweet spot. 

A study shown in Rakuten Insight showed 68 percent 2 of the Filipino respondents have taken natural supplements more often after the COVID outbreak. The current health expenditure in the Philippines account to 47.9 percent 3 on household out-of-the-pocket cost. 

So, what does this tell you? 

Health is becoming a priority among Filipinos, and joining the health supplement bandwagon is a no-brainer. 

Start with research. Look into trending supplements in the local market and see what consumers are looking for. You can check Google Trends.

Start researching manufacturers and look for product lines that are predominantly purchased by your target market. And finally, you can talk about these through your social media and even set up an e-com platform where your clients can check out the products.

Retail Business Ideas

How many times have you been told to find your passion and make it profitable? This is where you can apply it.

There are a lot of people who want to play a certain sport but its equipment is not accessible. If you are knowledgeable about a certain niche sport, you can sell the equipment yourself.

This can be true for more popular sports equipment such as golf clubs, baseball bats and balls, basketball rackets, surfboards, or stand up paddle boards. 

You can also focus on sports that don’t cater to the mainstream crowd, some of them you may not have even heard of, such as:

• Slippery stairs
• Underwater hockey
• Chessboxing

Got an eye for fashion? You can source your inventory directly from clothes makers/printing shops or buy in bulk at Divisoria and set up a boutique to house your products.

If you and your family have a bulk of used-but-not-abused items you can run a garage sale and profit from your second hand stuff.

A core business strategy . Buying and selling stuff is an age-old business model that covers almost every possible item imaginable.

From gadgets, clothes, food, real estate, commercial space, and others—having the skill to buy low and sell for a profit is what most businesses are all about.

Similar to buying and selling but with one key difference—you’ll act as the agent for selling the goods by the owner.

A bakeshop, for example, can offer their goods for consignment at a lower price (usually with a minimum bulk amount). Consignees can then sell the baked goodies with a markup or earn from commission.

Even with the advent of online communication platforms, texting and calling is still an essential part of the Filipinos daily life. You can apply for a load retailing business and earn from a mark up from each transaction made.

You could also expand to selling various products such as RFID reloading (for EasyTrip and Autosweep).

Plants not only make spaces look good, they’re also doing a positive contribution to the air around us. If you are passionate about plants, you can grow your own or buy it low from cheaper sources then prop them on pretty vases and sell for a profit.

Earning while supporting your community at the same time is a noble act. For example, you can source freshly-ground kapeng barako from coffee bean farmers then re-pack and sell in the metro. It’s a win-win situation for both parties.

E-commerce sites like Shopify allows individuals to easily set up an online clothing store with minimal fuss.

The classic Filipino “convenience store” is still alive and kicking throughout the years. Unlike western countries, we tend to buy things per piece or retail due to economic reasons and ease-of-access.

Thrift shops or “Ukay-ukay” are popular because of the uber-cheap prices of its merchandise.

Baguio and Bambang, for example, are well-known hubs for thrift shops and resellers flock here for items to buy inventory to sell in the metro.

And according to iMoney PH – thrift shops’ daily profits range from P1,000 – P10,000 per day 4 (and can earn as much as P15,000/day during peak seasons, which is December and January).

There’s a robust demand from both small and large retailers looking for bulk purchases at lower prices, coupled with the country’s strategic location as a gateway for importing and distributing products across Southeast Asia.

This model benefits from high volume sales and the opportunity to serve a diverse range of markets, from local sari-sari stores to big supermarkets.

Collectibles trading depends on a community of like-minded individuals looking to swap, buy or sell various items ranging from action figures to trading cards.

If you’re a collector, you can use your extensive knowledge of your item and look for deals that you can profit from.

Candle products have found a niche market in the form of spas and other relaxation spaces. It’s especially strong during Halloween/All Saints period. You can start learning how to make them yourself or get merchandise in bulk for reselling.

Selling pre-loved books is a nice way of earning money on the side. You can do a one-time “garage sale” of your personal collection or become an actual trader or buyer of used books for reselling.

Does your Embotido always get the thumbs up from relatives during reunions? Why not share the gift of your delicious creation by selling it?

Start small by selling them to your neighbors and office mates. To expand your reach, you can join trade shows or food bazaars. Note that this applies to all homemade products and not strictly always about food.

Ever seen those T-shirts with the wearer’s actual name or face in front? Or those laptops and gadgets covered in bright skins and glitters? If you love DIY or have the knack at adding a personal touch to a product, you just might have a potential business at hand.

Some customize cars, adding parts or making it look like a completely different beast via car wrap.

Yup, Vape is alive and kicking. If you are a Vape owner yourself, you probably know which products are good and which ones suck. Why not put this experience and knowledge to good use?

You can probably start low-key by in-person deals or sell online and send products via shipping.

If you have a good eye for design and you are good with your hands, you might want to try starting your own fashion accessories business.

You can start small and make the accessories you sell yourself, or you can source the products online and resell them.

There are several fashion accessories companies in the Philippines that export their products to other countries. This means that there is potential for this kind of business to grow. 

A wet market stall is a traditional business that sells meat, fish, and produce. Despite the small capital needed, this business has the potential to earn P2,000 to P18,000 per day depending on your location and the items you are selling.

A wet market stall requires early and long hours of work so if you’re not willing to man the stall yourself, you can simply hire someone to do the work for you.

The trick to making this business idea work is to find the right suppliers where you can get meat and produce at a discounted rate. 

Aside from that, you must also prove to customers that you practice cleanliness in your stall. This will encourage them to buy from you because they are sure that everything you are selling is clean and safe for consumption.  

This type of business is a common business in the country. It is usually found in night markets, near palengkes , and areas that have huge foot traffic.

To start this type of business, you first need to create a list of the items you want to sell. This can include secondhand furniture, books, old clothes, kitchenware, and many more. 

If you want to take the extra mile, you can also branch out to live selling on social media. All the stuff that was not bought from your physical store can be offered online at a more affordable rate. This will also do wonders to spread the word about your business. 

Consulting Business Ideas

As more Filipinos get financially smart and realize the importance of preparing for the future, the higher the demand for financial advisors who can explain and match them with a plan that best suit their needs.  

For a business to thrive and get a wider customer base, it needs to tap on the power of the internet and social media.

Digital marketers and social media consultants prepare and manage marketing campaigns for businesses so they can reach the right audience and build brand authority through online presence.

Just look at the number of participants at a running event and you’ll have an idea how many Filipinos are into health and fitness. Gyms have steadily risen in popularity in the last few years.

Crossfit trainers don’t even need a dedicated space: they can operate in public places without any equipment.  

In line with the rising interest in personal health, a lot of folks seek professional nutritional advice to be on the right track. Nutritionists asses their patients health and lifestyle and come up with a plan to achieve the results they want.

If you’re an expert on something, you can help others and earn at the same time.

Coaching services cover a wide range of interest, from golf newbies to professionals seeking career advice , budding entrepreneurs needing business advice to shy individuals who want to master public speaking.

Most of us can use some guidance and shared experience to better our current circumstances and this is where coaching services come in.

Building and maintaining a reputable name and brand is crucial in today’s connected world. Image and Advertising consultants take care of the grunt work required to keep a person or a business’ image untarnished.

The practice typically involves public relations, marketing and reputation management. They also spearhead all initiatives and projects to build a following and a loyal fan base.

Personal Services

You can find bill payment facilities at malls, convenience stores, and commercial buildings, among others. Bills payment centers like Western Union & Bayad Center also offer other services like money remittance, e-loading, money exchange, and airline ticketing.

Perhaps you have seen long queues at different payment centers before and thought it was a good business to invest in. The estimated total franchise investment for one of the more popular payment centers in the country is Php 475,000.

This amount doesn’t include the costs for equipment and site renovation, though. A return of investment is guaranteed within 2 years.

Do you love cleaning and organizing your home? Then why not turn this into a business? Just like Marie Kondo, you can make a fortune out of this skill. 

It’s important for people to be in a place where everything is organized. This is especially true for offices, kitchen spaces, and bedrooms.

Professional organizing is a personal service that includes cleaning and decluttering. It can be a huge help to companies and individuals who don’t have the time to organize their space.

If you know your way around computers and geek out on building them, you probably have a good amount of knowledge and experience in fixing them as well. A computer crash or malfunction is inevitable, and people will be willing to pay you to get their beloved workhorses up and running again.

In 2017, I realized there were a total of 5 coin laundry shops around our area. Why are they popular?

The answer— convenience. I personally find it indispensable as it saves on time (as you can get your laundry done the same day) and effort versus doing the laundry at home via washing machine or leaving it for a couple of days on other laundry service shops.

And if you live in a condo or small space (read: nowhere to hang your wet clothes), this makes it a no-brainer.

The long customer queue on the shop I visit every weekend is proof of strong demand for this type of service.

This is another way of earning from a skill you already have. And with summer upon us, expect a surge in demand as people flock the pools and beaches.

The benefits of Yoga to one’s health are undeniable. And with today’s hyper-busy workforce, more people are seeking the calming effect of Yoga to their frayed nerves and tired body.

Nothing beats a relaxing massage after battling a week of overtime and deadlines. But what could make it even more better? Simple: Just pull out your phone and book a home massage session.

No need to prep yourself and brave the traffic, save on time and energy. These are the main draw of home massage services, and thanks to these you’ll never run out of potential clients.

I’ve seen some online services that do specific tasks like sending someone to buy your groceries. Similar to that, getting paid to shop and buy stuff can be an interesting and fun experience.

As a personal shopper, you’ll get asked to look for and buy specific things, so it helps if you already know your way around malls and where to buy stuff.

Dancing knows no limits when it comes to age. I’ve seen kids as young as 5 years old shake it and grind it in dance studios to prep for contests and events.

Teens and young adults flock these studios to learn the techniques and improve their craft. Heck, even our Titas and Lolas make the occasional visit to a “D.I” for some serious old-school dance session.

As a father of a 3-yr old, having a safe space for him to learn and interact with other kids is essential.

Young parents of today are both working full time to keep up with the demands of an ever-increasing cost of living , and having trained-professionals to look over their kids is of great help to ensure they’re on the right track.

Offering to be someone’s go-to person for personal tasks and errands is another way of earning extra bucks. You have to be clear and offer guidelines on the nature of the tasks that can be performed to make sure you and your client are on the same page.

Need to leave your place for an important business meeting? Don’t have someone to look over your pet while you’re away? By offering house and pet sitting services, you get to help your clients remove these worries away and get paid at the same time.

With the rise of car owner numbers in the past few years, more and more Filipinos avail of car wash services. And you don’t even need to set up shop if you’re starting from scratch with zero capital.

Here’s a thought: Be unique (and resourceful)—offer to visit their homes instead to do the cleaning—ala home service.

In lieu of car wash services, you can set up an auto repair shop. Filipinos are known for finding the best bang for their money, and sometimes car owners find regular maintenance through “Casas” (official car shops) just too expensive.

Auto repair and maintenance shops typically offer the same services at a lower price that’s why places like Banawe St in QC are popular to car owners and enthusiasts.

Find auto-repair shop capital a bit too much for your wallet? Why not try setting up a vulcanizing shop instead? As long as there are cars on the street, the occasional flat tire is inevitable. Most drivers also drop by to pump some air in their tires and pays a small fee for it.

Whether it’s every few weeks, monthly, or just every once in a while, men need to get their hair cut short. Barber Shops tend to develop a loyal customer base if services are good. Tips are expected almost always for your barbers as well.

Have a tux that needs cleaning? Evening gown to look fresh for the party tomorrow? Regular washing methods just won’t work with delicate clothing—and this is where dry cleaning services come in.

Whether you’ll drive it yourself or have someone do it for you, Grab services (GrabCar, GrabFood & GrabExpress) is still a popular way of earning money on the side.

Plus there are several other platforms that you can also utilize to provide these services, such as FoodPanda, Lalamove, and Angkas.

If you have a passion for history and teaching but not within the confines of the classroom, take it outside and be a tour guide. Get paid for showing unique and historical places to others and sharing the stories behind the place.

Depending on the delivery vehicle, you can set this business up for almost any kind of item. Think of those old-school bike messenger services and you’ll have a basic framework how this business runs.

“Clothes maketh the man”. A tailor-fit suit trumps more expensive wardrobe that was bought off the shelf. Why? Because the custom fit is what makes it look perfect—no matter how simple it is.

More fashion-savvy customers know this and they will always look for these types of services for their needs.

When it comes to pets, here are a few ideas you can use.  

• Pet Shop & Pet Grooming services – For selling a wide variety of pets like dogs and cats, birds and fish. You can also offer grooming services for dogs and cats.
• Pet Sitting – If the owner needs to get away or be someplace where pets are not allowed, pet sitters can charge a fee to take care of the owner’s beloved animals.
• Pet hotel and Daycare – Same concept with Pet sitting but with an actual place where the animals can hang around. Clients are willing to pay a premium for making sure their cute little pets experience the best service while they are away.
• Selling Pet clothing and accessories online – You can source these or make them on your own. Put up a website or sell them via FB or other sites like Shopee.
• Dog obedience trainer – Requires genuine knowledge in training dogs. You’ll need to undergo the training program for this to get certified.
• Dog walking service – While the term “walking the dog” is probably more popular in Yoyo, its roots take from the literal meaning of the phrase. Walking your pet dog is both healthy for the owner and animal and people who don’t have the time to do this themselves can pay you to do it on their behalf.

Rental Services

The Filipinos’ love of the concept of “tingi” is what made the Pisonet popular when it first came out. It allowed customers (mostly students and teens) to connect to the internet for as low as 1 peso per minute.

I still see a couple of Pisonet shops around high foot traffic areas near schools and public places, proving there still a market for this type of rental business.

You can truly count on Filipinos to be resourceful, and Piso Wifi is a testament to that. Not everyone can afford to pay exorbitant fees for internet connection in their homes. This is why many prefer Piso Wifi.

Piso Wifi is a convenient vending machine that is connected to the internet, and it’s compatible with computers, tablets, phones, and other devices. Because there are no log-in requirements for users, it is hassle-free.

This vending machine allows people to access the internet by dropping coins in these increments:

• P1 = 5 minutes
• P5 =30 minutes
• P10 = 1 hour

However, you can also customize your rates. As a Piso Wifi owner, you also have the freedom to filter content to ensure your clients won’t be able to access malicious websites.

The success of Piso Wifi is dependent on its location so make sure to place them in areas such as terminals, malls, local village puroks , and near sari-sari stores.

While not as plenty as they used to be, Internet Cafes are still around and can still be a profitable venture if yox   u do your due diligence.

I’ve always thought that it all boils down to the experience—when I was in college, we looked for shops which offered the best bang for our buck.

We prefer those which had a nice balance of computer graphics power, internet speed, peripherals (mouse, keyboard and chair), comfort and price.

The rise of freelancers, home-based workers, and “Digital Nomads” paved the idea for Co-working spaces .

What is it, exactly? It’s essentially a shared workspace that houses various freelancers and small businesses to serve as their “office” – and often, students use these spaces for studying as well.

If you have the space and amenities to run this type of business, it can be a self-sustaining venture. 

We’ve rented out a couple of vans in the last few years for trips to provinces or team buildings. Services like this can be a good way to put an otherwise underutilized family van to good use.

Back in high school and college, I joined some bands. Since we didn’t have our own gear, we practiced our stuff at music/band studios. You call in advance to reserve your slot and pay by the hour.

I noticed that back then, the owners were musicians themselves or former musicians. They probably felt that setting up a venue where bands and budding enthusiasts like me back then can practice was a great idea. And it was!

Ever seen those trucks with ads plastered around its whole body? Or the buses with huge ads roving around the metro with a picture of your favorite makeup brand?

Let me clear though, you don’t need to buy big-sized vehicles for this endeavor. I’ve seen plenty of private vehicles promote products and services via car wrap. Ask around, you might just get a decent pay for doing mobile ad service.

Filipinos love hosting and attending formal events. I should know, I probably rented more than a dozen “coat and tie” during my younger days. It’s not unusual for a kid to not own a decent pair of Tux or suit, at least in my day.

I argued that I don’t really need to buy one if I’ll only be using it once or twice a year. While this thinking might be flawed, the existing Formal wear rental shops serves proof that there are some out there who had the same reasoning.

Moving from one place to another is best done with a lipat-bahay service. I personally recommend it against hauling stuff yourself as it will save you countless trips and prevent potential damage to your properties.

And with younger families constantly moving to be near their work, there will always be potential clients in this type of business. Starting one has also been made easier with apps/marketplaces like  LalaMove and  Transportify .

There will always be a demand for these types of services. Simply because not all Filipinos have cars to do it themselves or the stuff that needs to be hauled is just too large.

Try fitting a fridge in a sedan and you’ll see what I mean. If you have the capital, you can buy a truck brand new or second hand. Make sure to do your due diligence first though and test the viability first before purchasing equipment.

Parks are a great example. If you live near one or know of a place where you can set up shop, renting out bikes can be a good way to earn a buck.

Photo and video equipment rentals can also be a good source of income because there are people who although skilled in this field, there are those who opt not to buy or can’t afford to buy certain gear.

The initial investment for this type of business can be pretty steep, but the return on investment is worth it.

When renting out your equipment just make sure you have a contract with your client that will detail your responsibilities in handling the equipment as well as what will happen in case of damage or loss.

This will help you cover the costs of any possible loss and protect you and your customer.

Although seasonal, costume rentals can be a good source of income as well. If you have sewing skills, you can create the costumes you’ll rent out on your own.

You only have to be resourceful in finding the right materials to make your costume close to the original. The initial capital will vary depending on the quality of materials you’ll buy and your target market.

No need to worry as you can increase or lower the price your costumes for rent according to those criteria as well. If you are going to buy the costumes you’ll rent out, it will usually take five to six rentals before you earn back your initial investment. After which, you’ll be able to continuously make profit out of them.

As tourism starts again, people are becoming more comfortable to travel. You can leverage this by putting up a campground business, which refers to your own campsite where tourists can stay.

You can put up tents and other necessary amenities that will be useful for your clients.

There are many types of campgrounds that cater to various markets. For example, you can put up car camping sites for those who want to drive to a camping location. You can also put up tent sites for backpackers who prefer lightweight tenting.

If you want to offer a more upscale experience, glamping is the way to go. This refers to glamorous camping, where you can have amenities such as hot showers, air conditioner, and electricity.

Depending on your location, you can also offer activities that are associated with camping such as farm camping or beach camping.

Printing Services

Are you an artist who’s got a flair for designing shirts, sweatshirts, coffee mugs, pillows, and more? You can try setting up your own print-on-demand business. With this business model , your products will be sold online through a platform, where customers can place orders for them.

The POD platform is the one responsible for printing, packaging, and shipping your products. The demand for your product will determine the revenue, so no demand means no production.

Also, someone else will process your product, so you don’t have to worry about having a physical inventory. If you are not good at designing shirts, you can still start your own POD business. Just hire someone to do the designing of your products.

From witty one liners to over the top graphics, there’s always a design for everyone. You can go the traditional silk screen route or the more modern heat press operation.

I’ve seen heat press machines online being sold for as low as Php10K to as high as Php100K. From T-shirt you can also expand to printing mugs, caps and even ID laces.

Tarp printing machines command higher prices compared to heat transfer printers. But if you’re interested and have the capital, there’s still a steady demand for large-format prints.

Both personal and corporate events avail of this type of service, not to mention potential tie-ups with advertisers for your clientele.

Photocopiers are a staple around schools and public places. A quick search online revealed prices hovered around the Php30K to Php50K mark. If your place is near a school or within commercial areas, this is one potential business venture.

Note: You can also upsell other relevant services, like taking and printing Photo IDs, to maximize the business’ potential profits.

More niche than photocopying in terms of customers but still a promising business idea. Also, most mid to high range inkjet printers allow you to do this so if you already have one, you can easily set up shop without shelling out significant capital.

Home Repair & Improvement Services

Several players in the solar panel industry have popped up in the last few years. If you’re keen in getting in on the action, you must get certified first as a professional installer.

The uptick in sales of condominium units proves that the trend in living in smaller but more convenient/prime locations is going strong. And what do homeowners do to spruce up their small space?

Hire an interior designer! A pro interior designer’s mission is to bring their client’s vision into fruition, transforming an otherwise drab space into a cozy, dream home.

Modern families with dual-working parents are typically pressed for time to do some serious home cleaning. They would rather spend their precious weekends hanging out or going out for some quality time.

To make sure their space is well kept, they hire professional cleaners to save on precious time and energy.

You see them everywhere. Propping up make shift stands to hawk their products, these contractors earn a commission for each successful service installation.

If you have the gift of gab and know how to promote yourself and your product’s benefits, this can be a profitable income source.

I’m a full grown adult male but I’m not embarrassed (well, maybe a bit) to admit that I’m no handyman. My wife can’t depend on me if there are problems with our home’s plumbing or electrical system.

I always say, better leave it to the pros than mess it up even further. And trust me, there are a lot of folks out there who have the same dilemma and are willing to pay for professional handyman help.

I once read in an article that our smartphones have become extensions of our bodies. And like injuries in our bodies, we rush to the nearest technician to get our precious smartphones fixed.

Same with other gadgets—in this entertainment-driven world fueled by short attention spans, customers always need to get their devices fixed ASAP.

If you’re like me, you never let go of a loyal pair of shoes that easy. And with each torn sole or trashed stitching, it’s an automatic trip to the shoe repair shop for me.

And you probably visited a locksmith once, if it’s anything related to padlocks and keys best to have these professionals do it.

This serious problem requires a serious solution from the pros. Exterminator services cater to home and commercial space owners who fell victim to pest damage.

Urban farming and gardening is the act of growing and producing plant-based food within the city or metro.

It lets people grow and develop their own plots of land for vegetable and fruit production. Some urban farms are built for both personal or commercial use, leveraging tiny to medium-sized plots of land.

A business that helps people set up, manage, and maintain an urban farm could be a viable business since novice urban farmers will likely need help with the whole process.  

As prices of CCTV systems went down and became viable outside of business and commercial use, more and more people are getting one for the security of their homes.

You can take advantage of this growing user base by getting trained as a certified installer and offering services to these folks. You can also upsell other relevant products such as car dashcams, and other home security systems.

Economy-proof Business Ideas

When entrepreneurs get asked, which came first, chicken or egg?

They will probably reply, “It doesn’t matter, I’ll just take them both”. If you have the space and capital, a poultry business can scale well and bring in some serious bucks.

As an undying relic of Pinoy commuting culture, Jeepneys stood the test of time thanks to its cheap rates and availability (and should soon become more of an interesting business venture when Jeepney modernization gets implemented).

The same can be said for tricycles, which were the Uber and Grab of our childhood when we need to go from one spot to another within the subdivision or barangay.

While they are no longer considered the king of the streets and highways, it can still be a profitable business provided you will be prepared to all the stuff and issues that go along with managing this type of franchise.

Related: 10 Best Low-Cost Franchise Business Opportunities in the Philippines

Whether it’s making custom sofas and furniture or restoring old and worn out cushions, Upholstery services can take care of it and more.

You can probably start with re-upholstery services to keep initial costs down then start making your own sofas and furniture sets once you have enough capital.

Open Facebook and it won’t take more than a minute to see a friend’s post of their vacation or trip somewhere. What does this mean? People nowadays treat travel like a part of their lifestyle.

And with this boom, you can capitalize and set up a small travel firm to cater to the growing demands of this market. Alternatively, I’ve seen “joiner” packages online where trips will be initiated by a group or a person and the joiners will pay a fee for the whole package. Similar to paying for a field trip.

Depending on the product, you can try going the import/export route. Both have selling as its core concept and revenue generator. It’s all about how smoothly you can set up and run the logistics.

Once you have that figured, it’s just a matter of finding buyers and a target market.

Agribusiness is one of the growing industries in the Philippines.

According to Dr.Glenn N. Baticados , director of Center for Technology Transfer and Entrepreneurship at UP Los Banos, the rise of the middle class along with the increase of population in urban areas that are making the demand for more nutritious and varied food higher.

And nothing is more nutritious than food that’s naturally cultivated and grown. Getting into agribusiness allows you to take advantage of this demand for profit.

Manpower for agribusiness is also easy to come by, especially in rural areas where people naturally possess farming and other agriculture-related skills.

There are various agribusiness areas that you can explore such as mangoes, rubber, coffee, bananas, palm oil, coconut, and cacao.

The fishing business spans a wide array of categories, but it mainly involves growing or catching fish for the purpose of selling them.

Depending on your location, you can either own a few boats and hire fisherfolk to find and catch fish.

The other route is to build fish ponds for the purpose of cultivating and growing a particular breed of fish (or maybe more).

This type of venture is of course more viable in places outside of the metro where there’s larger parcels of land to accommodate fish ponds. 

Metal is a resource that can be recycled without losing quality, and this presents a wonderful opportunity for you to make a business out of it.

But before you collect scrap metals, you first need to know the difference between non-ferrous and ferrous metals. Ferrous metals have iron which makes them stronger than non-ferrous ones. This includes refrigerators, stoves, freezers, car engines, and old machinery. 

On the other hand, non-ferrous metals are more pliable and resistant to corrosion. It includes aluminum slidings, chairs, copper wires, and old computers.

Once you know the difference between both types of metals, you can start building a connection with scrap yards in your area. Then, develop your collection route for regular pickup. This can include:

• Residential areas
• Plumbing businesses
• Small businesses
• Demolition sites
• Facebook marketplace
• Auto repair shops 

While you may not earn a huge amount of cash unless you’re dealing with huge volumes of metals, this type of business is still great, especially for those who want to help the environment since it keeps unused items from ending up in landfills. 

Have a soft spot for the environment? You can start a recycling business to earn more cash. 

However, starting this type of business isn’t as easy as collecting trash from people. It needs thorough planning. 

Before you can set up a recycling business, you first need to find a niche you’re interested in. This could be:

• Used building supplies
• Scrap metal
• Junk collection
• Used clothing

After this, you must analyze your competitors and make sure you offer something unique. This could be your price point or a one-of-a-kind service. 

Finally, you can set up a facility where people can drop off recyclables and get the equipment you need. 

Real Estate Business Ideas

According to Wikipedia, “It is the operation, control, and oversight of real estate as used in its most broad terms”. As a property manager, you’ll be the owner’s PoC for handling all related stuff to managing and maintaining their property.

You’ll act as the middleman if potential buyers (if an owner is selling) or lease offers come in to bid.

Nobody likes a shabby, tumbledown space. As a building maintenance provider, you’ll take care of keeping the building in tip-top shape.

Finding clients and landing a deal are your main responsibilities. Licensed real estate brokers earn a healthy commission for setting up deals between the buyer and seller.

All three have common goals—make land and spaces livable and looking good.

If you have a background on any of these three, you can start by marketing your services to small scale projects like homeowners looking to sell their house or folks who want to renovate their front and back yard spaces.

Whichever it may be, grab the opportunity. It will jumpstart your business until you gather enough skills, resources and capital to move to bigger projects.

Building safety is of utmost importance and is required to be met throughout the building’s lifetime. Starting this type of business will require accreditation and proper certification.

Once running, you can offer your services to both government units and private building owners needing regular building safety certification.

Nope, I’m not talking about waste treatment plants. You can probably start by developing a system for collecting and segregating waste from residential units.

Trust me, residents will be more than willing to have you collect their garbage and even pay for easy and convenient waste disposal. Once you’re done with the collection and segregation, you can sell to junk shops or perhaps straight to recycling agents.

Another interesting business idea. Heavy machinery and manpower will be your main start-up costs.

Same with above, initial capital will be allocated to machinery and manpower. You can start with small residential projects then move to commercial spaces once you build enough traction and capital.

Related: Top Construction Companies in the Philippines

Finding parking spaces in the city is a real pain in the neck. This is why you can provide services to people who need parking spaces by renting out your own. You can use space on your own property, or you can rent a spot.

To make it more convenient for your clients, you can build a parking garage.

You can also increase your profitability by offering parking solutions for special events, weddings, or those in a special area for VIPs. You can even provide valet parking services.

Business Services [B2B]

You can go the freelance route and start by offering your accounting and bookkeeping expertise as a side gig. Depending on your skill level and experience, you can target high-income individuals and small business owners.

You can begin hiring a contractor or two once as you get more clients and from there expand as an actual firm.

If you have friends who have Corporate, Labor, Compensation & Benefits, headhunting and executive backgrounds, then perhaps a Human Resource firm is a viable business idea.

You will manage the company’s organizational structure, records management, payroll and benefits, and talent acquisition.

Modern businesses that rely on computer systems to operate need regular maintenance and management – which makes the business idea lucrative as most clients will pay on a retainer.

Offices run on a bunch of computers networked together (including servers), groceries have an always-on surveillance and PoS system, and your friendly neighborhood coffee shop needs its WiFi always running for its customers.

All these require IT and network expertise. For additional revenue, some even offer training services to companies, freelancers, and enthusiasts.

Security firms provide businesses with the necessary personnel for ensuring safety of their operations and assets. You’ll set up a firm which will act as an agency for hiring and assigning security personnel to clients.

If you have a gift of gab and have no qualms about constantly networking with people, then a sales business may be for you.

The great thing about a sales business (ie: life insurance and real estate ) is that if you have no employees, you get to keep all the income to yourself.

The downside is, you have to be disciplined and self-motivated during hard times when you encounter a problem in your sales business. Also, you only earn as much as you sell, so you need to work extra hard, maybe even during weekends and holidays to reach your desired income.

However, if these qualities come naturally to you then you’ll have no problem making profit and staying in this business.

If you have a legal background, you can build a small team of legal experts for preparing and processing legal and/or business-related documents for clients.

These could include drafting contracts, paperwork for setting up a business/corporation, notarization services, and other legal matters.

HVAC stands for Heating, ventilation, and air conditioning —- and the goal of HVAC services is to provide thermal comfort (either to cool or warm) and acceptable indoor air quality.

Most HVAC companies in the country specialize in the repair and management of airconditioning and refrigeration equipment. In the Philippines where the weather can be very hot and humid, airconditioning systems are important, so services that can maintain and fix these systems will be necessary.

Keeping our home and workplace clean (after the pandemic) has now been more important than ever. That’s why companies that provide professional cleaning and disinfection services are still in demand right now. They can ensure that places, equipment, and other items and locations that require continuous usage are adequately cleaned to prevent the spread of contagious diseases and viruses. 

Before you throw this idea out the window for being too ludicrous, did you know that the minimum capital to start a rural bank in 5th or 6th class municipalities in the Philippines is just 5 million pesos? 5

That’s right. However, there’s a catch. The process of establishing a bank in the country is tedious 6 . Aside from the massive amount of paperwork that needs to be accomplished, you will have to comply with many requirements.

What’s more, a rural bank has to be opened for business within 8 months of the receipt   of the notice of approval from the Monetary Board/Governor. Otherwise, the authority to start a bank will be revoked automatically.

Well, somebody has to do it—no matter how stressful this business sounds like, it’s really all about asking someone to pay their dues. It’s that simple. So get over your worries and start being open to the potential income this business will generate.

Basically, a broker solves their client’s problems for a fee. They also lend clients money for margin transactions and provide support by giving information about what’s happening on trading platforms. There are different types of brokers.

Different types of brokerage firms: 

Online brokers

This form of digital investment interacts with the client online. The main advantages of this type of brokerage are availability, speed, and low commissions.

Discount brokers

A stockbroker, they buy and sell orders but they charge a reduced commission rate.

Full-service brokers

This type of brokerage offers different professional services to clients, including tax tips , equity researching, investment advisory, etc.

Customs Broker

A customs brokerage firm is well-versed in international and local tariff laws, trade laws, and regulations for clearance of exported and imported goods. A customs clearance broker can provide assistance in filling out forms as well as gathering the necessary documents for clearance.

They can also help with computing taxes and other fees. A customs clearance broker coordinates with government offices and agencies on their client’s behalf, and complies with regulations to facilitate a fast and smooth customs clearance process. They help ensure clients can receive their cargo or have it shipped on time.

Related: Top Business Services in the Philippines

Event Planning Services

A wedding planner/coordinator is crucial to the success of a wedding. Logistics, guests, wardrobe, accessories, church visits, invites, and everything else— a great coordinator will keep things running smoothly before, during, and after the wedding.

Though peak sales are seasonal, there’s a constant demand for flowers. If you have the eye and know-how for good presentation, you can provide arrangement services.

Or you can go the supplier route instead and get product from sources and resell them to shops and customers.

If you love throwing parties, why not earn from it? Like a wedding coordinator, a party planner will manage all tasks and details necessary to throw a kick-ass and unforgettable day of fun.

A great party requires the right stuff—balloons, tables, chairs, decor, etc. And with Filipinos being fond of throwing celebrations left and right, you’ll always have clients willing to pay to give their events the full party treatment.

Concerts, parties, corporate and private events and more. Lights and sounds are what elevates events to a whole new level and gives it a more classy vibe.

With the right equipment, you can set up a lights and sounds rental business for clients looking to spruce up their happenings.

If you have the passion for running, you probably attended your fair share of marathons. Ever thought about setting up one yourself?

It may sound hard at first but with enough research and due diligence you can organize a fun run and earn a profit from it. You’ll help your clients in setting up the location, dealing with sponsors (if they have it), security, race details, promotion of the event, budget allocation and more.

I’ve attended a lot of events featuring a mobile bar and I admit, it added a touch of class not to mention the (much needed) booze. Your initial capital will cover the vehicle and initial inventory of drinks as well as bartender services.

A staple in almost all events. The long lines never cease to amaze and wear me down at the same time. Filipinos just love having their pictures taken, ‘nuff said. And you can capitalize on this by setting up your own photobooth.

I’ve seen basic setups (DSLR, Laptop, printer) to more high-end ones complete with complicated lighting setups, backgrounds and accessories.

Online & Home-based Business Opportunities

Being an online reseller can mean two things:

(1) You have actual inventory and you use the internet to promote and sell,

(2) You serve as a middleman (dropship) who sets up a virtual shop online where your customers can place and process orders and payment. Once the order is confirmed, you will then have your product source deliver it directly to the buyer.

It’s like a consignment business but here you mainly handle marketing and promotion of the products and running the website.

Learn More:

• How to build an online store (in 15 minutes)
• 100+ Best Products to Sell Online in the Philippines
• How to Start an Ecommerce Business in the Philippines

There’s a ton of ways you can profit from a website. You can earn from Ads, affiliate marketing , and selling your products and services. Whatever your strategy is, the goal is to get a good number of people visit your website.

Also Read: How to start a blog in 20 minutes and make money

You have a lot of options here. You can provide website creation and development services, teach English online, do data entry work, Ghostwriting, Virtual assistance, App development, graphics and animation work, voice talent, and so much more.

Highly Recommended:  7-Figure Online Business Ideas: 6 Ways to Make Money Online

Vlogging used to be purely recreational. Now, you can use vlogging to make money online . Just set up your account either on YouTube, Facebook, and Instagram, decide on your gear setup, shoot, and upload.

Of course, for you to grow your followers, you have to keep them engaged so spend time coming up with your content calendar as well. There are tons of ways you can earn from vlogging.

In YouTube for instance, your income in commensurate with the number of advertisers that place ads on your videos. If you reach influencer status, you can start charging companies who want you to post something about their products or go to their events as well.

Hobbies, Crafts, & Other Weekend Business Ideas

Love hanging out on Food Expos and sampling the products? So do I! On a serious note, if you have a great food product, expos are a fun way of showcasing them and attracting potential re-sellers and buyers.

Not to mention, it can provide you with the first-hand feedback from customers to help you adjust and improve your product.

You see them almost everywhere, especially around Christmas season. Why? Because bazaars are chock-full of interesting stuff that you don’t easily find in malls. And it’s usually cheaper!

Bottom line is, Bazaars are pretty popular. If you have stuff you want to dispose of or simply interested in some weekend buy and sell, simply register and set up shop. Or you can organize it yourself!

I’ve seen local entrepreneur shows feature regular Pinoys who built a business empire from selling a product or service that was born out of a hobby.

If they can do it, so can you! Soap and lotion making, scents and perfume, require only a small capital to begin with. If you don’t have the expertise yet but interested in knowing more, you can attend trainings and workshops to develop your skills.

If you’re the type of person who finds joy in planning and running events, perhaps organizing seminars or webinars can be your thing. You’ll manage everything: From inviting speakers, discussing fees, marketing, location and logistics, equipment, attendees, and more. Basically everything from start to finish.

I can’t remember the number of times I watched the “Panlasang Pinoy” channel in YouTube. It’s a lifesaver for those rare moments when my wife asks me to cook at home.

Mind you, I’m a complete noob. But if you’re someone who actually knows their way around the kitchen, why not share your skills and teach clueless novices like me how to do it, Gordon Ramsay-style? Ok, maybe not Gordon Ramsay—but you get my point. There will always be people like me who want to learn how to cook and are willing to pay for it.

I may not know which is “kangkong” and which is “talbos ng kamote” at the supermarket but I know how to play a guitar. If you have music, crafting, drawing, or any other artistic skills, you can offer tutorial services.

This is especially popular during summer, where kids have a lot of free time. Teaching others while earning at the same time is a great way of sharing your talent.

How to Validate your Business Idea

“The most important thing is a hungry market. Not a brilliant burger.” –  Gary Halbert

Legendary direct mail response copywriter Gary Halbert points out that the most important thing that determines the success of a campaign (he sold products via mail) is not the brilliance of the product itself, but rather, if you’re able identify a hungry market who is already looking for the type of product you’re selling.

Think about it.

We might think we can create a better burger than McDonalds (I know most of us seriously can). Does this mean we will be as successful?

Probably not.

And here’s why: McDonald’s’ success was not the result of the taste of their burgers.

Rather, they were successful because they found a huge demand for cheap food that can be served very quickly.

That was their market. People looking to buy cheap, fast food.

Figuring out and identifying your target market is perhaps the most important step in validating a business idea.

Why the need to validate a business idea in the first place, you ask?

Well, without it, you’re basically throwing a hail mary pass—launching a product or opening a business simply because you can—without necessarily knowing if people will be there to buy it.

Here’s a personal example. There’s a small spot along road 3 in Project 6 that I noticed seem to change stores/businesses every few months.

The first time I saw it I think it was a computer shop.

A few months back, it was a barbeque store. Now they changed businesses again and are selling cupcakes.

I won’t be surprised if it folds up too and gets replaced by a laundry shop next week.

The moral of the story? Doing certain steps to test the viability of a business is crucial to its success.

Related: How to conduct a feasibility study in the Philippines

What are these steps, exactly? Here are the top 3 ones to help you out.

A lot of successful businesses were born out of a passion for something. Michael Dell was into computers.

He loved building them from scratch.

Back then, most desktop computers were sold pre-built (IBM, HP, Compaq) and were pricey.

Word of mouth through his college brought him plenty of customers, students looking for a cheap, custom built desktop. So Dell continued building PCs which eventually turned into the global brand that it is today.

A perfect example proving that merging passion and identifying a willing market to buy it is crucial to success.

Read Next:  Top 12 Industries to Invest in the Philippines

Once you’ve zeroed in on a niche and identified your target market, it’s time to do some old-school survey and research.

And by survey I don’t mean have random people answering 10 questions about your product.

No. Rather, ask potential customers what service or product they are currently using and what do they wish it did more/better?

What would they like to see more of?

Are they price-sensitive?

Ask them if they will be willing to pay for a product like you’re planning to sell.

The more information you can have, the better you’re idea will be of what customers truly want and willing to buy.

Where can you find potential customers for feedback? When building a physical store, perhaps you can ask the people who frequent the area.

Observe how they conduct business with surrounding or nearby stores. Does the place get plenty of foot traffic?

Or you can visit and join Facebook groups or communities that seem to be a perfect fit for your product.

Say you’re planning on creating an advanced digital course on Adobe Photoshop. You can frequent online groups made for digital graphics artist and the like.

Your task will be to spot pain points and problems and see if your product can address them.

You can even ask them directly if what you are planning to build is something they will be willing to purchase.

Once you are certain that there’s a demand and confirmed your potential audience’s pain points and needs, it’s time to do a “trial run”.

You can create a rough version of the product or service with all the key elements built in based on your market research. Distribute samples to potential customers, then wait and ask for feedback.

Some forms of businesses might not be able to perform this step and that’s understandable.

The main takeaway behind this concept is to get actual feedback based on a prototype of a product without burning through capital and going all in right away.

In the tech startup world, this first prototype is referred to as “Minimum Viable Product” or MVP.

Let’s take smartphone apps, for example. Let’s say Instagram’s first iteration (MVP) was an app with a strong focus on photo sharing and a few filters.

After the beta release, it was found out through feedback that people loved filters and wanted more types of it to be incorporated.

Taking this into consideration, they added more, better filters which served as its main advantage over Facebook.

After polishing the MVP using feedback from users, the creators were able to launch a near-perfect product that is far better than what they could have made if they didn’t have the insights from the initial feedback.

While this is not accurate and merely an example, this proves the importance of launching an MVP before going all-out to creating the actual product.

It allows you to quickly (and cheaply) build a prototype customers can use and provide crucial feedback on.

It’s no different to someone who got praised for his barbeque but was advised to adjust the spiciness a bit to suit the preferences of a larger audience.

After heeding their suggestions and feedback, more people liked his barbeque which lead him into thinking, “Ibenta ko kaya to? Parang madaming may gusto”.

A thousand barbecues later, Andoks was born. Just kidding, but I know you get my point.

For a more comprehensive guide on validating your business idea, also check Foundr’s  step-by-step guide to find your startup idea .

Tips on Starting a Small Business in the Philippines

Regardless of size, starting a business entails a lot of hard work and determination. Here are some tips on starting a small business in the Philippines to guide your way:

Make sure your business is registered with the DTI (if it’s a sole proprietorship) or the SEC (if it’s a corporation or partnership ).

Also, see to it to register with BIR and secure your mayor’s permit from the city you’ll be operating your business from , as well as from local government units (LGUs) for business permits and clearances. Ensure compliance with the Philippine labor laws and regulations if you’re hiring employees.

If you’ll be hiring employees, complete your employer’s registration at PhilHealth , SSS , and Pag-Ibig as well. If you have 10 or more employees, you must register your business with DOLE too.

If your business needs any other relevant form of registration in relation to the product or service you are offering, make sure you get that covered too.

Don’t haphazardly jump into a business without first studying all its pros and cons. Make sure to have a business and marketing plan ready along with a SWOT analysis to ensure you get all bases covered.

Understand your target market’s needs, preferences, and spending behaviors. Research your competition to identify gaps in the market that your business can fill. This information will guide your business model, product or service offerings, and marketing strategies.

It pays to know the industry you are venturing into. Attend seminars/trainings, read books, and do everything you can to immerse yourself in the market before taking the plunge.

Managing the cash flow of a business is no easy feat. While you can enlist the help of an accountant, it’s also wise that you learn how to handle your personal and business’ finances first.

In small businesses, you only got yourself to rely on at the start. So make sure you know how to sustain your cash flow and manage your books as well.

Related: Best Business Bank Accounts in the Philippines

Make sure to understand your taxes and be aware of the times wherein you’ll have to pay them. This will prevent you from falling out with the BIR, and ultimately the Philippine law.

If you find the computation and payment of taxes overwhelming, consult with an accountant or an expert when it comes to tax.

Recommended:  An Entrepreneur’s Guide to Filing & Paying Taxes Online in the Philippines

Consult someone regarding how you can best utilize digital marketing channels like websites, social media accounts, and the like to promote your brand. If you have no time, you can hire an expert to manage your accounts for you.

Digital marketing will increase other people’s awareness about your brand and allow you to reach a wider yet more targeted audience which in turn can increase your sales.

Networking can significantly impact your business success. Join local business groups, chambers of commerce, and industry associations to connect with other entrepreneurs, potential clients, and suppliers.

Your employees are your most valuable asset. Invest in training and development to enhance their skills. Create a positive work culture to motivate and retain your staff.

The Entrepreneur’s Checklist

If you’re reading this, you’re probably keen on building your own business now or in the near future. But aside from having the courage and discipline to kick start a business, what are the other traits most commonly found in the most successful entrepreneurs? 

What are the usual challenges and factors to consider before taking on the entrepreneur’s path?

To help you answer these questions, here’s an Entrepreneur’s Checklist to give you a better idea of what it takes to get a better shot at success in running your business .

Some of the most successful businesses were conceived from a simple idea. But as simple as they may have been, it served as the catalyst for some of the biggest brands in the world today. 

However, ideas are but mere thoughts unless acted upon. What’s more important is the driving force to push that idea into fruition, so it can ultimately reach its best form and become a real business that has a very strong chance of succeeding. 

That driving force is passion. Some of the richest men in the world right now owe their wealth to a simple idea, but it was their passion that set forth a series of actions that actualized that vision into an actual product or business. 

Jeff Bezos saw the internet as the future for selling books. He devoted time, money, and even turned down lavish job offers to passionately pursue his idea which eventually developed into one of the biggest businesses in history. 

You’ll see similar paths taken by other world-renowned businessmen:  Elon Musk, Bill Gates, Steve Jobs, to name a few. Your confidence and passion in your idea will go a long way and carry you, especially through difficult times. 

Before creating PayPal, its founders were in the business of developing security software for handheld devices but did not find success. They switched gears and decided to focus on creating a digital wallet, and PayPal was born. 

As it was gaining traction, the company decided to terminate its other online banking operations and focus on PayPal. In two years, the company went public and sold over $61 million worth of shares. eBay eventually acquired the company a few months after its IPO , buying it from the founders for $1.5 billion. 

The lesson of the story? Don’t be afraid to adjust your game plan and always be on the lookout for potential opportunities that may offer better leverage. PayPal founders realized it was failing in the security software industry, so they looked for other viable concepts which led them to online banking and eventually to the creation of PayPal. 

And after realizing that PayPal was their main moneymaker, they adapted yet again and dropped its other businesses to focus on PayPal. In another example, Apple was mainly in the business of creating and selling Macintosh computers and iPods. But seeing opportunity in the mobile market, they adapted to the trends and found atmospheric and financial success with the iPhone.

Successful entrepreneurs know how to identify opportunities and use their adaptive nature to leverage their potential.

One underrated trait that most successful entrepreneurs have in common is their “financial savviness”. Knowledge and understanding of how money flows (expenses, revenue, and anything else in between) throughout the entire endeavor is a critical part of running a business.

Contrary to what some people might think, business owners themselves don’t take it easy when it comes to running their business. In fact, it’s usually the other way around, because they understand that true and continuous success can only come if they treat each aspect of their business with a certain degree of professionalism and care.

Making the most out of what they have and leveraging creative ways to solve problems is another common trait among entrepreneurs.

In running a business, you’ll encounter all sorts of bumps and issues, and you won’t always have the best means to get around them. In these situations, being resourceful is especially helpful, and that’s why it’s an important skill to develop.

Running a business isn’t easy, because if it was, everybody would be doing it. And those who are successful at it are people who can leverage the most value out of their time.

With everything that needs to be done (especially when you’re just starting out), time management will be crucial. Effective and efficient use of each minute can spell the difference between a business running like a well-oiled machine versus one that runs on squeaky wheels.

Leaders understand that the success of the company will depend on the people running it, which is why having the right people skills is essential.  

If you’ll read the biographies of some of the world’s greatest entrepreneurs, you’ll see a common pattern: they are laser-focused on their goals and endure hardship with indefatigable perseverance.

It doesn’t mean that they are doggedly stubborn though, it just means that they understand that success requires an immense amount of effort to achieve.

Risks are an inevitable occurrence in running a business. As an entrepreneur, it is your job to develop critical thinking skills and be proficient in taking calculated risks. 

People with a strong internal locus of control tend to be more successful than those who don’t. They firmly believe that results are dictated by their thoughts and actions, and rarely use external factors as scapegoats for failure.

Business Ideas FAQs

Still got questions about business ideas? We’ll answer them below.

1. Service Business

A business whose output/product is not an actual physical or tangible product is engaged in the service business.

Banks,  accounting firms ,  law firms  (and other types of consulting firms), review centers, training facilities, gyms, barber shops, salons, kids play centers, arcades, are some examples since their “product” takes the form of some kind of service/action.

2. Merchandising Business

It’s a business that operates under the “Buy and Sell” concept.

Typically, they will buy their merchandise or product at lower prices from wholesalers then sells it at a markup, for profit.

A merchandising business does not make any changes to its supplies or products. They simply act as a gateway for people looking to purchase products.

Examples are groceries and malls, resellers and suking tindahans.

3. Manufacturing Business

An enterprise or company that is involved with the creation of a product is engaged in the manufacturing business.

They buy raw materials in order to come up with a product they can sell.

For example, an ice cream business needs raw materials like milk and sugar in order to product their ice cream.

The same can be said for companies producing processed foods or a furniture business who needs raw timber to create beds and chairs.

You can also check out the other popular types of businesses in the Philippines in this guide: Top Business Sectors in the Philippines [According to Data]

If Service, Merchandising, and Manufacturing refer to how an organization or company conducts business, the following refer to how a business is formed or managed.

1. Sole Proprietorship

A business owned exclusively by a single person is called Sole Proprietorship.

While this is the easiest type of business to set up, it also presents the most risk since the owner is open to unlimited liability.

The owner will need to surrender  personal assets  to creditors if he goes into debt and can’t pay.

2. Partnership

Exactly what you think it is. But not strictly tied to just two owners only.

A partnership can be composed of two or more parties who combines resources into setting up and running the business.

A partnership can have unlimited liability (like sole proprietorship) unless the owners specifically set up a limited-partnership (LP) type of business.

3. Corporation

If you think that a  corporation  is a big company/organization/factory which produces goods or services, think again.

What many people realize is that a corporation simply refers to a business that is ran by a separate legal entity (can be in the form of shareholders) that is distinct from its owners.

It enjoys most of the perks and responsibilities like a normal individual has, like  loan and borrow funds , sign contracts, and even sue (or get sued).

4. Limited Liability Company

A Limited Liability Company, or LLC, are considered a form of hybrid type of business that merges traits of a sole proprietorship and a corporation.

It is not, however, considered a corporation since LLCs cannot be incorporated. In general, LLCS are easier to form versus corporations since it allows small groups of people to easily build a company.

An LLC enjoys the limited liability feature of a corporation and can elect to be taxed as a sole proprietorship, partnership, or corporation as the owners/members see fit.

5. Cooperative

If you’ve been to the province, you probably noticed that their water and electricity is provided by some sort of electric or water cooperative. These are perfect examples of this type of business.

In a nutshell, a  cooperative  is a business wherein members and owners benefit from the process of running the business.

If a corporation offers stocks to shareholders, a cooperative sells its shares to members.

These members have the some form of leverage in terms of their opinion in affecting the course of running the business.

6. Non-profit Organization

A business that is made with the intention of promoting a specific goal or purpose. For example,  charitable institutions .

Any revenue earned by a non-profit goes to paying the operational costs of running the company.

This means that there are no shareholders earning income from the company itself.

All the money earned goes back into funding operation and pursuit of the company’s mission and vision.

Not at all. Although some businesses do need a lot of money, there are business ideas that you can start with minimal capital. You just have to be creative and resourceful in finding ways to start your business without spending too much.

There are a few key factors to consider when determining if your business idea is viable. First, you need to assess the market demand for your product or service. Is there a need for what you are offering?

Second, you need to evaluate the competition. How saturated is the market? Can you differentiate yourself enough to stand out?

Third, you need to consider the financial feasibility. Do you have enough resources to start and sustain the business?

Finally, you need to evaluate your own skills and experience. Are you equipped to run a successful business in this industry?

If you can answer these questions positively, then your business idea may be viable.

Starting a new business entails a lot of risks. One risk is financial. There’s no guarantee that your business will be profitable, and you may need to invest a lot of money before you start seeing returns.

Another risk is market acceptance. Your product or service may not be well-received by your target market, which could lead to low sales and ultimately, failure.

There’s also the risk of competition. Even if your product or service is unique, there’s always a chance that someone else will come up with something similar, which could impact your sales.

Finally, there’s the risk of personal sacrifice. Starting a new business requires a lot of time, energy, and dedication. This could mean sacrificing personal time with family and friends.

Yes, you can. You can file a parent to the Bureau of Patents in the Philippine Intellectual Property Office.

You need to include a drawing if necessary to make the explanation clear. Then, your patent will be published after 18 months if all your requirements are met.

First, you need to register your business with the SEC (for partnerships and corporations) or DTI (for sole proprietorship). Then, obtain a barangay clearance and business permit from your city/municipality’s mayor’s office. Finally, register your business with the BIR.

You can do this by applying for a patent. This will give you exclusive rights to your product or service, preventing others from copying or reproducing it without your permission.

Creating a business plan for your idea is essential to laying the foundation for a successful business.

To get started, write an executive summary, followed by your operations and organizational plans. Then, write your marketing and financial plans. For a more in-depth guide on writing business plans, visit this page .

Attracting investors to your business idea requires a well-crafted pitch and a solid business plan. Start with a clear and concise summary of your business idea, highlighting its unique value proposition and potential market.

Then, provide a detailed analysis of your target market, competitors, and financial projections. It’s also important to show your own expertise and experience in the industry.

Finally, demonstrate your passion and commitment to the idea to convince investors of your dedication to its success.

You can reach out to investors through networking events, online platforms, or by seeking referrals from other entrepreneurs and industry experts.

When starting a new business, there are several common mistakes to avoid.

First, don’t underestimate the importance of market research. It’s essential to know your target audience and the competition before launching your business.

Second, avoid overspending and be mindful of your finances. The last thing you want is to over-exhaust yourself financially.

Third, don’t try to do everything yourself. Delegate tasks to others and build a strong team to support your business.

Fourth, don’t ignore legal requirements and regulations. Make sure to register your business and obtain all necessary permits and licenses.

Last but not the least, don’t forget to prioritize self-care and avoid burnout.

The decision to start a business alone or with partners varies from person to person.

Starting a business alone means you have full control over the decision-making process and can work at your own pace. However, it also means that you shoulder all the responsibilities and risks on your own.

On the other hand, starting a business with partners can provide additional resources, expertise, and support. However, it also means sharing profits and decision-making power.

Ultimately, it’s up to you to decide which option works best for your business idea and personal goals.

The time it takes for a new business to become profitable varies depending on several factors such as the type of business, the industry, the market, and the business’s financial position.

Some businesses may start generating profits within the first year, while others may take several years to become profitable.

In general, it’s realistic to expect a new business to take at least 2-3 years to become profitable. However, with a solid business plan, smart financial management , and consistent effort, businesses can increase their chances of becoming profitable sooner.

There are many resources available to help you develop your business idea. You can start by exploring online courses, books, and blogs on entrepreneurship and business development.

You can also seek advice and mentorship from other entrepreneurs or industry experts.

Need ideas on how to fund your business in the Philippines?

Don’t have enough  savings to fund your small business  or don’t have much time left to wait for money to come around? Here are some methods you can consider:

1. Sell your assets

If you have a house, a piece of land or perhaps a car, under your name, you might want to consider selling them so you can have starting capital for your business.

Related:  How to Sell your Business in the Philippines

2. Borrow money from a friend or family member

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.

Be careful though as things can get messy among close family and friends when money becomes involved. So be careful not to let this be the cause of any misunderstanding.

3. Consider a partnership

This is another option you can explore if you just need a bit more money to complete funding your business. But since you’ll be dealing with  additional investors  in your business, make sure to give their shares accordingly to avoid conflict.

4.  Get a Bank Loan

If you want to avoid the risk of ruining your relationships with close family and friends when asking them for a loan, you might want to consider asking from the bank (or  other lending institutions ) instead.

Each bank has different terms and conditions so choose one that best fits your needs.

5. Borrow From the Government

You can also borrow from either SSS or GSIS, provided that your business qualify for the criteria they set.

6. Try P2P Lending and crowdfunding

Alternatively, you can look at  P2P lending  as it allows you to borrow money at a lower interest rate, making it a cost-effective option to fund your business.

You can also use  crowdfunding sites  as it has been successful in funding several brilliant business ideas in the past.

So there you go, several ways to fund your small business in the Philippines.

Related: 10 Ways to Fund and Finance your Business

1. Stay up to date with the latest developments

Keeping yourself abreast with the latest developments in your industry enables you to quickly adapt your strategies and methods to remain profitable and competitive.

Countless companies all across the globe have been forced out of business simply because they were too focused on existing methods, failing to recognize the new patterns and trends of the ever-changing market. 

2. Check out the competition

In combat sports (boxing, MMA, etc.,) part of the training involves analyzing their competition. Knowing the opponent’s strategies and tendencies will help in developing a well-planned strategy for the victory.

In a similar vein, entrepreneurs should always be on the lookout for their competition.

What are they up to? What are the current trends? What’s the general direction of the market? How are my competitors adapting to changes?

These are but a few of the questions successful entrepreneurs ask themselves to stay competitive.

3. Get expert advice

Businesses hire all sorts of consultants to help them solve problems and improve existing methodologies and strategies.

Why is this important?

Because having a fresh set of eyes to review and provide a more transparent analysis of the various aspects of your business will keep it in tip-top shape and a better position to innovate.

Not having any problems doesn’t mean the company’s A-OK, as being satisfied with past success and doing nothing to achieve new ones could lead to stagnation. 

4. Don’t rest on your laurels

Remember Nokia and Blackberry? Three decades ago, they were household names all across the world when it comes to mobile phones. Then out of nowhere, Apple dropped the iPhone. Google launched Android.

All of sudden, the titans of the mobile phone industry saw their market share crumble faster than a child eats a cookie.

The moral of the story? There’s always someone out there looking to improve existing ideas, technologies, and methods. Strive to improve and develop existing strategies and products to help secure your company’s future.

5. Learn to adapt

Continuing our train of thought from the previous pointer, learning to adapt to trends and changes is crucial in the survival of your business, especially if you’re in a very competitive niche. What if Nokia or Blackberry used Android as its OS earlier?

They probably would have maintained a significant market share, especially during that time when they were seen as two of the biggest names in the industry.

Samsung identified this shift into improved software and touchscreen tech and launched new products with Android OS. They identified the direction of the trends and adapted faster and their actions helped establish Samsung as a premier mobile phone brand years later.

• How to Fund Your Dream Business in the Philippines.
• How to Buy a Business in the Philippines
• How to Sell a Business in the Philippines
• Top Business Sectors in the Philippines [According to Data]

Disclaimer: All information listed in this article is for information purposes only. Although utmost effort was made to ensure accuracy of information on this website, readers must not solely rely on it in making any investment or financial decision since it does not take into consideration the risk tolerance, financial situation, investment goals, and experience of readers. It is best to consult a professional financial planner or your bank before investing to make a more informed choice and limit your risk exposure.

• Grand View Research
• Research Gate
• Compliance Online

About Amiel Pineda

Amiel Pineda is the Head of Content at Grit PH.

He started freelance writing in 2010 doing product reviews and tech news. In 2018, he became a full-time freelancer, writing in the financial space and creating content for clients in various niches.

Prior to freelancing full-time, he worked 7 years in the financial services industry for a Fortune 500 company.

He also writes on his personal blog, Homebased Pinoy (https://homebasedpinoy.com/), where he shares tips and guides as a work-from-home freelancer, along with NFT-game guides.

Education: Technological Institute of the Philippines (Bachelor of Science in Electrical Engineering) Focus: Freelancing, Entrepreneurship, Financial Products, Investing & Personal Finance

Reader Interactions

May 2, 2018 at 2:11 am

My family was actually considering a trucking business and it was great to see that you listed here some business ideas that includes trucking in it. Logistics, truck rentals, lipat-bahay. I think its a good idea knowing that capital will be used in purchasing trucks and having a location to store them.

May 25, 2018 at 12:30 am

Thanks for sharing this. I went to the Philippines for a vacation. I noticed that filipinos loves bazaar. I think that it is really perfect business to start to in the philippines.

June 26, 2018 at 10:49 pm

You might wanna add website flipping to your list. It’s a sub-niche under blogging but extremely profitable especially if your reader base is from the US. I suggest starting from a niche site that reviews high ticket items on Amazon and grow from there. I once sold a Nursing blog to a US-based entrepreneur for $45,000.

June 27, 2018 at 8:31 am

We’re actually working on a different guide (a more exclusive one for online business ideas) that includes site flipping.

Thanks for dropping by – huge fan of your blog (used to spend hours scouring your history-related list posts).

June 21, 2019 at 5:04 pm

Wow! Good for you.. I am looking into business aside from Nursing. 😊

July 12, 2019 at 11:36 pm

Thank you for sharing your well researched and helpful insights for aspiring businessman like me:) May The Lord bless you more.

August 9, 2018 at 1:18 am

Great blog! very informative but now a days online services is very important like Internet service provider, an email provider, a news provider, an entertainment provider, a search engine, an e-commerce site, an online banking site.

March 24, 2020 at 3:57 am

hi John Lee.. im engaged in BPO business since July last year but i found its hard for me to manage esp in comes to maintenance, salary to agents and adm employee when i depend only on the revenue. so im planning to look for a lending with a lower rate where i can borrow for additional capital. and also i need a new campaign provider for another account after this pandemic season ends.

October 19, 2018 at 4:03 am

Other income opportunities 99% of Filipinos don’t know and can earn anonymously: Legal but not profitable : 1. PTC 2. Faucet 3. TE 4. PTP 5. GPT 6. List go on… Illegal but profitable: 1. HYIP 2. ICO 3. Mining 4. Matrix 5. Cycler 6. List go on…

November 8, 2018 at 4:20 am

I am an American with a Filipina wife. We will be moving to Angeles City soon. I own hundreds of very high value domains. I am looking to build a team of 4 web designers and marketers to help build the web business. This is an opportunity to partner with me and we share the profits. email me at [email protected] if you are honest, ethical and understand websites.

May 8, 2019 at 6:27 am

hi sir, interested, but i know only microsoft word on how to use, work experience in audit

April 11, 2020 at 1:32 pm

hi I am an Australian guy looking to set up a business in the Philippines. I have cash available. Any ideas out there?

May 23, 2020 at 8:22 pm

Hi John, Hope all is well with you today. Feel free to message me. Thank you & God bless!

September 23, 2020 at 2:13 pm

Hi, John. I would recommend you to set up an apartment building here particularly here in Davao. The City of our president. It is my very focused business idea why I am working so hard now. This business is one of the most needed here since a lot of people are moving in this area nowadays due to its booming economy.

April 30, 2021 at 6:08 am

Thrift Business.

December 25, 2018 at 4:06 pm

Sir I have a small mechanical idea however I don’t know how to make a plan were to go to put it into plan before it will be produced, I believe that my idea will sell like hotcakes and could make me rich. Will you please Sir, include in your list such concept of inventions as entrepreneurship kind of business. Selling product from our inventions. Thank you Sir,

May 24, 2019 at 1:49 pm

I would suggest that for newbies in business, they could also consider franchising or investing in reputable companies. There are also try what we call mutual funds which could help one invest, earn money, while working at the same time. The construction industry is also a very profitable business, and I’m thinking of investing in one. I heard Flexicore Construction Services has great reputation and standing in the industry, and they are currently moving forward for further growth. Investing to them could be a wise endeavor.

July 31, 2019 at 9:52 am

Hello everyone 🙂 I’m quite new to 3d printing and I have quite a few questions on the matter, so I hope you won’t get mad at me for asking here at least a few of them. I think even before I’ll get seriously into modelling I should focus on the software itself, and that’s what I’d like to ask you about. Mainly, should I start with the most crudest software there is or would it be better to start on something more complicated? I’m worried that I’ll get some undesirable quirks while working with less complex software. My second question is about the program as well: should I look for program that will allow me design and slice it in it, or should I use a different software for each of them? Does it even make a difference? Surprisingly, I couldn’t find the answer to that, as it seems like most sites want to focus on the very basics (like what is 3d printing and so on), and while the answers to those questions are fine, it seems like no one wants to go into the details (it looks like some of them even steal from each other! I swear I’ve found the same answers to the same questions on at least 3 different sites) but I’m getting off-topic… The last question is about 3d pens. Would it be possible to somehow convert whatever I draw with a 3d pen to a 3d model in a CAD software? For example, if I’ll draw a car with 3d pen, would it be possible to get its design in a software? I’m not sure how that could even work, but the very idea sounds interesting to me. Anyway, I think I’ll stop here just in case no one will answer me and all of this writing will go to waste. I apologise that I’m using your content to ask questions, but I hope you can relate and advice a beginner like me. Anyway, thank you for posting. I did learn something from this and that’s always appreciated. Thank you, and I hope to hear back from you very soon 🙂

July 31, 2019 at 10:28 am

Great tips for a startup business with how much investment required befoe starting. you know Amiel I found That info only at your blog…

August 14, 2019 at 1:09 pm

Amiel, I hate you! Because you just crossed out one of my to-do-list to create a list of Small Business ideas & Opportunities in the Philippines LOL. I want to add the following though because I think they are worth investing: (1) Document Management Services. Examples of tasks under this category would be managing electronic documents lifecycle, creating interactive PDFs, applying document version control, and performing back up, etc.; (2) Umbrella Repair Services; (3) Knapsack Sprayer Repair Services; (4) Any Type of Sprinklers Repair Services; and (5) Urban Farming Services.

August 19, 2019 at 12:56 am

Perfect lists of business ideas with numerous tips for startup business. Great work!

August 22, 2019 at 9:22 am

Wow, this is what you call a LIST! 😀 Thanks!

December 30, 2019 at 2:10 am

Hi, in running a business it is always best practice to document your transactions with well-written legal and business documents. Don’t rely only on verbal agreements.

We here at Legal Tree can provide you with these documents for your business at affordable prices. With Legal Tree, you can create legal and business documents anytime online within minutes in a simple and affordable manner. You can also customise any document you create to tailor-fit it to your situation.

If you want to learn more about Legal Tree and our services, please visit our website at http://www.legaltree.ph or send us a message on our Facebook page at https://facebook.com/LegalTreePh .

We look forward to hearing from you and helping you save on essential legal services.

February 29, 2020 at 4:03 pm

Magandang business ngayon ang Food Trucks. Pwede mo ipwesto kahit saan, Mayor’s permit lang kelangan. Maganda magpa-customize sa BONTELLA FOOD TRUCK BUILDERS PHILIPPINES. Just contact their number 0917-6581956, message their FB page https://www.facebook.com/bontellafoodtruckbuilders/ or visit their website at https://www.bontellafoodtruckbuilders.com/

March 6, 2020 at 8:17 am

Thanks…..great blog. just a suggestion to include in your list. I have several friends who are into scale modelling, their creations are generally used as either background piece or props in TV ads, movies, real states exhibitions and museums. Its not a well known enterprise but I’m sure they make good money too.

September 29, 2020 at 6:52 am

I will be on the lookout for more of your work.

November 3, 2020 at 1:52 pm

You may want to add aquascaping in your list. Its for fish hobbyist and its a new industry in our country. Kailangan may skills ka but its not hard to learn from it. You can start selling it in your area but ideally in metropolitan cities.

July 9, 2021 at 2:16 pm

The Philippines is one of the great Asia-Pacific Tiger success stories, and in just a decade it has grown into an enviable regional powerhouse with a higher GDP per capita than that of Thailand, Malaysia or Singapore. A lack of geographical barriers such as borders means the nation is ripe for trade and investment opportunities. The country’s infrastructure as well as its highly educated workforce have also served to attract growth from multinationals and SMEs alike. Furthermore, there are a number of additional small business ideas you may be interested in knowing more about should you wish to develop products for these markets. Just some examples include: agriculture; food processing; chemical industry (e.g., plastics); chemical grade steel production; electronics assembly manufacturing; and industrial exports.

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Business Diary Philippines

Small business startup ideas and money making guide

Free Sample Business Plans

Having a business plan is a very important step to make because it serves as your road map to success of your business especially in its early years. Here is a great resource for anybody needing examples on how to structure, compose, and write their own business plans.

Your Business Plan Resource Guide

#1. The SBA provides business plan software for free. You have to register to use it.   Go to the SBA’s business plan software

#2. Go here:  Free sample business plans from bplans .

#3. Sample business plans from referenceforbusiness.com. This is an actual business plans written by entrepreneurs in North America who are seeking financing for their business.

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180+ Small Business Ideas in the Philippines

There has never been a more opportune time to start a business in the Philippines.

With costs of living beginning to rise, Filipinos need additional sources of income to sustain themselves and their loved ones. But aside from that, the rise of the internet is also making it much easier to buy, sell, and advertise your businesses to your key consumers.

There’s both a need and an incentive pushing Filipinos to start a business of their own – but it can be difficult to come up with a good idea or two.

Luckily, you’ve come to the right place. This article has the largest compilation of potential business ideas that you can start in the Philippines, along with important details such as their estimated startup costs and ROI turnaround time.

With this article, you can surely get an idea of what business you’d like to start!

Micro Business Ideas (₱5,000 and below Capital)

Source:  Ficco

Sari-Sari Store

·        Initial budget:  ₱3,000 to ₱5,000

·        Difficulty level:  Easy

·        ROI turnaround:  several months

Sari-sari  stores have been around forever. One of the most popular types of small businesses in the Philippines, this quaint community store sells everything, from daily essentials to school supplies.

You can open a  sari-sari  store for only a few thousand pesos and provide a small spot for it in your own house. 

Location is key to succeeding in this business, however. If you really want to earn, it needs to be in an accessible area in your community, with plenty of foot traffic and not a lot of competition nearby.

GCash Cash-In/Cash-Out

·        Initial budget:  ₱1,000 to ₱5,000

·        ROI turnaround:  Weeks

GCash is becoming a nationwide phenomenon, making bank account functions more accessible to the masses. A potential low-cost business that you can start from this is a GCash cash-in or cash-out station.

Typically, such transactions occur in convenience stores, partner merchants, or even banks – but some people are willing to pay a fee to cash in or out without having to go far.

You can start with very little capital. Most people transact only small amounts on GCash, and you can set your own commissions at around 5% to 10% of the transaction amount.

Loading Business

·        Initial budget:   ₱3,000 to ₱5,000

·        ROI turnaround:  Months

E-loading stations are another popular choice, especially for stay-at-home moms, students, and full-time employees. 

All you need is a working mobile phone and a sim card, and you’re good to go.

Better yet, modern loading platforms such as GCash allow you to load basically any network without additional charge on your end. You can set your own commission depending on the competition around you.

Kakanin/Snack Stall

·        Initial budget:  ₱5,000 above

·        Difficulty level:  Medium

If you have a kitchen, you can easily make delicious native snacks for high profit.

Native snacks such as  biko, puto,  and  suman  are guaranteed to sell out, especially during holidays, fiesta times, or when there are events around. The recipes are easy to learn, and since the ingredients are cheap and plentiful, there is a potential for high margins.

Street Food Business

Filipinos love street food. Staples like  kwek-kwek, fishball, kikiam,  and more always sell out. This is especially true if you have a good source recipe and position in a very populated area. The ingredients you need for these foods are easily accessible, and the operational expenses are cheap.

The only downside is that the success of this business is entirely dependent on your location. Competition can be tough in some areas, but as long as you’re getting enough foot traffic, you should be fine.

Halo-Halo Stall

Another delicious snack in demand in Filipino streets is  halo-halo , the local version of shaved ice jam-packed with all kinds of goodies. 

Halo-halo  recipes are rather straightforward, making them a great pick for new entrepreneurs. They require minimal equipment, and the ingredients are easy to come by. Depending on demand, you can place pretty high margins on your  halo-halo  too.

However, like the other snack-making businesses,  halo-halo  stands can be pretty labor-intensive. Make sure that you have a good team to help you out, especially during the peak season: summer.

Coffee Stall

Another snack that is becoming popular is coffee. Due to the daily grind, more and more people are turning to coffee drinks to relax and recharge. You can put up a small coffee cart and start serving different kinds of brewed coffee and frappes.

If you’re just starting out, all you need are basic brewed coffee-making materials such as a small espresso machine, a blender, some cups and lids, and a small refrigerator to store your milk and other drink ingredients.

Once your stall starts getting more customers, you can also start offering pastries and snacks to go with the coffee.

Custom Stickers

·        Initial budget:  ₱3,000 – ₱5,000

Creating custom stickers is easy and hassle-free, and the materials you need to make that business work are easily accessible. You only need to know how to make a few images, or at least learn how to source free ones, and you can print them out on sticker paper.

There are a few other things you need to think about, such as packaging and competition, but overall it’s an accessible micro business, especially for people who like art.

Financial Advising

·        Initial budget:  ₱5,000

·        ROI turnaround:  Months – Years

With the current state of the economy, more and more Filipinos are starting to worry about their finances. As a result, they turn to financial advisors on how to manage their assets. 

In order to become a financial advisor, you need to take an exam administered by the Securities and Exchange Commission (SEC). Once you pass, you will be able to give professional advice to clients on how to handle their finances. 

To be successful, you’ll need to have a keen understanding of financial products and services. You should also be able to provide sound advice on how to invest money wisely.

Data Entry Services

·        Initial budget:  ₱5,000 – ₱10,000

·        ROI turnaround:  Weeks – Months

If you or your group of friends all have laptops and can type reasonably fast, you can offer data entry services and get a quick buck. 

Even if you’re still a student, you can get various clients who need data entry services such as small businesses, entrepreneurs, and even some government offices.

The work is pretty easy, but can be quite repetitive and boring, so you need to be prepared. The key is to look for clients who are willing to give you long-term projects so you can establish a good working relationship and some stability.

Silk Products

The Philippines is home to a huge  silkworm industry . In fact, the country is one of the top producers of raw silk in the world. You’ll be amazed at how these small creatures can produce such beautiful and luxurious fabric.

You can start a small business by making silk products like scarves, ties, and shirts. You can also sell raw silk to clothing manufacturers. The initial investment is small, and the ROI can be quick if you know how to market your products properly.

Calligraphy Tutoring

·        Difficulty level:  Medium – Difficult

There are many people who want to learn how to write beautiful scripts. If you have the talent for it and the patience to teach people, you can offer calligraphy tutoring services in-person or online. 

To make this small business work, you need to be able to market your skills well and attract the right students. You also need to be able to set a reasonable price for your services.

Chocolate-Making Business

·        Initial budget:  ₱5,000 

·        Difficulty level:  Difficult

Delicious chocolate treats will always be in demand. While it’s going to be reasonably difficult to find the recipe that your customers will want to buy, the materials and ingredients for making chocolates can be found easily.

Chocolate-making businesses enjoy patronage from those with a sweet tooth and money to spare. Plus, it’s a business that you is easily scalable, meaning you can small-batch your products at first to test the market and, if successful, increase production later on.

·        Difficulty level:  Easy – Difficult

Blogging is sort of a mixed bag when it comes to business. On one hand, it’s a very easy business to start, without the need for any special equipment. As long as you have a computer and know how to write, you can start blogging.

However, the difficult part is succeeding. To be a profitable blogger, you either need to have enough skills to write other people’s blogs on a commission basis or you need to be good enough to make your own blog prosper.

This can be difficult to achieve when you’re just starting out, but if you can find your niche and build a following, blogging can be a very profitable small business.

Content Writing

·        Difficulty level:  Easy – Medium

If you have a knack for words and fast fingers for typing, you can offer content writing services to people who need help with their website copy, social media posts, or even email newsletters. 

You can start small by offering your services to friends and family, and then gradually build up a client base by marketing your skills online or through word-of-mouth.

The hardest part will be looking for clients that pay well, but the work itself can be easy if you have the right skills.

Ghostwriting Services

If you know how to write and don’t mind not getting the credit, you can offer ghostwriting services for a wide variety of industries and businesses. The publishing industry, in particular, is always in need of good ghostwriters. 

You can also find clients in other industries such as small businesses or entrepreneurs who need someone to help them with their writing but don’t have the time or skill to do it themselves.

Translation Services

Do you know multiple languages? It’s time to use your skills to get money by providing translation services.

In a globalized world where businesses need to communicate across borders, you can find many opportunities as a translator. There’s a wide range of industries that need translation services, from medical and legal to technical and marketing.

You can start small by translating short documents for businesses or individuals, and then gradually build up your client base by offering your services to more and more people.

Transcription Services

Transcription services are in high demand due to the increasing popularity of podcasts and audio recordings. If you have good listening skills and can type fast, you can offer your services to businesses and individuals who need help transcribing their audio recordings.

Your first clients can be students who might need help transcription a video project, professionals who need help transcribing an interview, or even small businesses who might need help transcribing a meeting.

Indoor Plant Business

·        Initial budget:  ₱3,000 – above

Noticed the rise of ‘plantitas and plantitos’ during the pandemic? There’s now a bigger market for easy-to-cultivate ornamental plants that you can capitalize on if you have a green thumb.

You can start by growing plants in your own home, and then gradually build up your business by renting a space for a small greenhouse or opening a small shop.

To be successful, you will need to have a good knowledge of plants and how to take care of them. You will also need to be able to market your plants to potential customers.

Small Business Ideas (₱6,000 to ₱20,000 Capital)

Source:  Pexels

Online Selling

·        Initial budget:  ₱5,000 – ₱20,000

Running a buy-and-sell business is now much simpler, thanks to the internet. You can transact with customers anywhere in the world – all you need is a laptop, an internet connection, and a social media account.

You can join several online selling platforms such as Facebook Marketplace, OLX, Carousell, Shopee, and Lazada.

To get started, simply set up an account on your chosen platform and start posting pictures and descriptions of the items you’re selling. You can even livestream your products to reach a wider audience.

Digital Marketing Services

·        Initial budget:  ₱4,000 – ₱15,000

Starting a digital marketing company is great since you can handle everything by yourself. Once you gain a number of regular clients and a greater workload, you can recruit other experts to your team. 

You can increase your revenue by adding graphic design, search engine marketing, and content marketing to your list of services.

However, digital marketing services are not for everyone. There are a variety of technical skills that you need to learn first, plus you have to market your services and build a network.

·        Initial budget:  ₱15,000 to ₱20,000

Piso WiFi is a form vending machine that allows access to WiFi for a measly ₱1 per 10 minutes. This may seem small, but don’t be deceived – the profit potential for this is significant, especially if you don’t have competition. If you dominate your location, you can earn anywhere from ₱10,000 to ₱40,000 every month in gross income.

To get started, you just need to buy a Piso WiFi machine and pay for electricity and internet bill. Of course, you’ll have to keep a careful watch on your machines and make sure that they’re not targeted by thieves and vandals.

Phone Accessories

·        Initial budget:  ₱10,000 – ₱20,000

·        Difficulty level:  Easy

·        ROI turnaround:  Weeks – Months

In the Philippines, phone accessories are always in demand because they are relatively cheap and people are always upgrading their phones.

The most popular phone accessories include phone cases, earphones, power banks, and screen protectors.

To start this business, you can either sell online or offline. If you sell offline, you’ll need to find a strategic location, such as near phone stores or malls.

·        Initial budget:  ₱15,000 to ₱25,000

If you have the culinary skills and the passion for cooking, you can start your own  carinderia , also known as a local eatery. This type of small business is perfect for those who want to be their own boss and set their own hours.

Plenty of people rely on a  carinderia  when they want to buy inexpensive home-cooked food. With the right location, pricing, and menu, you can start a  carinderia  and make money with very little investment.

Homemade Ice Cream Business

·        Initial budget:  ₱2,500 – ₱16,000

Ice cream is a lovely treat that everyone can enjoy, no matter their age. It’s also one of Filipinos’ go-to snacks from childhood. 

As a small business idea, making your own ice cream is relatively easy and inexpensive, which means each serving has high profit margins. 

You can make small batches using a blender or an ice cream maker. You can also experiment with different flavors, ingredients, and toppings to come up with creative combinations.

Lugawan Business

Rice porridge, also known as lugaw in Tagalog, is one of the most popular breakfast staples in the Philippines. 

A lugawan business is a great way to start small and make a lot of profit. Filipinos like lugaw because it’s filling and cheap, and you can definitely take advantage of that by opening a lugawan in a populated area.

All you need is a small space to set up your business, a few kitchen supplies, and some raw materials. You can sell your lugaw in small plastic bags or in styrofoam cups with lids.

Home-Based Specialty Baking

·        Initial budget:  ₱15,000

A fun food business you may start in your own home is baking and selling pastries like cakes, cupcakes, cookies, and other sweets. Social media and word-of-mouth marketing are other effective ways to get clients, especially if you post Instagrammable pictures of your treats. 

If you already have the equipment and you love baking, you don’t need a lot to get started at all. However, you do need to have pretty good recipes for your treats to stand out.

Floral Arranger/Supplier

If you have an eye for design and a passion for flowers, starting a small floral business may be for you. You can start small by offering your services to family and friends for events like weddings and funerals.

Alternatively, you can take the supplier route and become a middleman between growers and event organizers. You don’t need to have your own farm, but you will need to have good relationships with growers and a good understanding of the flower business.

Party Planning Services

·        Initial budget:   ₱10,000

Whether it’s a child’s birthday party, a company event, or a wedding, there are always people who need help planning and executing a successful event. If you’re organized, creative, and have a knack for detail, starting a small party planning business could be a profitable endeavor.

You’ll need to be good at marketing and networking to get clients, but once you get a few under your belt, word-of-mouth will likely take over.

Freelance Beauty Services

·        Initial budget:  ₱12,000 – above

With the ubiquity of social media, it’s no wonder that everyone wants to look their best at all times. If you’re a hair stylist, makeup artist, or nail technician with a strong following on Instagram or Facebook, you can parlay your online popularity into a brick-and-mortar business by offering freelance beauty services.

To get started, you’ll need to invest in a good quality kit of makeup, hair, and nail products. You may also need to rent a space in a salon or beauty parlor, or invest in portable equipment if you plan on offering your services at clients’ homes.

Vending Machine

This is an excellent option if you’re looking for a business with little oversight. Your major responsibilities here will be routine upkeep and replenishment – daily operations hardly ever require staff unless you expand to a large fleet.

The most difficult part will likely be acquiring and deploying your vending machine unit. There are all sorts of vending machines you can get into, from snacks and drinks to cigarettes and lottery tickets. The machine will be your biggest expense, but after that, all you need to do is to pick a location and keep it stocked.

Legal Incorporation Services for Businesses and Corporations

Starting a new corporation or company is no simple task. You’ll probably need expert assistance with all the necessary legal documentation to make sure everything is done correctly and without any gaps in coverage.

This is a great business opportunity if you enjoy dealing with commercial and legal issues. Your clients will be people or groups who want to be registered as a business, but don’t have the time or inclination to navigate all the legalities. With incorporation services, you can help them get their business up and running quickly and efficiently.

IT Technical Services 

Companies that depend on computer systems need constant maintenance and management, making the company idea lucrative. Most clients will pay on a retainer basis, making it a profitable venture.

Nearly all businesses rely on some form of computer network, whether it’s servers for an office, a PoS system for a grocery store, or WiFi availability for a coffee shop. All of them call for knowledge of computers, networks, and IT.

This is a great opportunity for anyone with technical know-how and customer service skills. As an IT consultant, you can offer your services to small businesses that can’t afford a full-time IT staff. You can also provide support remotely, which opens up this business idea to entrepreneurs anywhere in the world.

Web Design & Development Business

·        Initial budget:  ₱10,000

Owning a website these days is practically a prerequisite for organizations. There’s a constantly growing market for website designers and developers both domestically and internationally. 

That said, you’ll need to have marketable skills, such as web design, development, SEO, and graphic design. It’s also important to be well-versed in the latest trends and technologies.

This is a great opportunity for creative individuals with a flair for technology. As a web designer or developer, you can offer your services to small businesses or even large corporations that need help with their online presence.

Music or Artistic Coaching Services

Sharing your gift and earning money while doing it is a wonderful way to give back to your community. You can provide tutoring services if you are talented in music, crafts, sketching, or another artistic endeavor. This can be done through online services, which makes it a great option for those who want to work from home.

Since children have a lot of free time in the summer, this can be a great opportunity to offer your services as a coach. You can also offer your services to adults who want to learn a new skill or develop their talent.

Professional Organizing Services

Do you enjoy keeping your house clean and organized? Cleaning and decluttering are both parts of the personal service known as a professional organization.

This business idea is perfect for someone who loves to clean and organize. For businesses and individuals who don’t have the time to organize their area, you can offer your services to help get their space back in order.

Piercing Services

If you love body piercings and have a talent for networking, offering piercing services is an easy way to earn a significant amount of money.

This business idea is perfect for those who are passionate about body piercings and have a steady hand. You can start by asking your friends and family if they’re interested, and then build up a clientele by piercing at local events and festivals.

Candlemaking

Making customized or artisan candles is a great way to earn additional income if you have an artistic side. This business idea is perfect for those who have a creative touch and an eye for detail.

People are willing to pay for pretty, fragrant, and high-quality candles that they can’t get in malls, and the ingredients can be easily sourced from convenient sources.

Moving or Lipat-Bahay Company

·        Initial budget:  ₱5,000 (if you already have a vehicle)

If you have plenty of personal belongings, the best way to move from one location to another is through a  lipat-bahay  service.

There will also always be prospective customers for this kind of business because young families are moving around a lot to be closer to their places of employment. With the help of applications and markets like Mober, Transportify, and Lalamove, starting one has also been simpler.

However, you do need to have a heavy-duty vehicle on-hand to keep costs down. If you don’t have a vehicle for carrying items, your startup costs are going to be much bigger. Don’t worry, though, you can start with vans, or even other vehicles, such as multicabs.

Meat Processing Business

·        Initial budget:  ₱1,500 – ₱20,00

The meat processing sector in the Philippines has been booming recently, creating a profitable business opportunity.

Your earnings from this food business could be as high as 100% for every product sold, meaning that you can cover both the costs of the material and labor. Some entrepreneurs have even managed to build an entire business from a meager investment of ₱500.

You do need to have a good supplier though, plus the tenacity to sell your products and network your business. Meat processing can also be labor-intensive if you’re the sole employee.

Egg Supplier

·        Initial budget:  ₱10,000 – ₱15,000

Eggs have long been in high demand from both domestic and business clients as a versatile commodity that is a morning staple. These days, cage-free eggs are especially popular among the more socially responsible consumers.

The start-up cost is low because all you need is a small amount of capital to buy the eggs from your supplier, and then you can price them according to the market rate. However, you will need to have a good marketing strategy to get your eggs noticed by potential customers.

Siomai Stand

·        Initial budget:  ₱2,500 – ₱17,000

One of the simplest businesses to launch in the Philippines is  siomai . It has a low initial cost and at least a 150% profit margin for each  siomai . It’s easy to make, and people love it so it’s always in demand as a street food. 

Nevertheless, your enemy would be competition – because  siomai  stands are so easy to start, you’re going to have to do a lot more to stand out.

Nutritionist Consulting

·        Initial budget:  ₱10,000 – above

Many people seek professional nutritional counsel to stay on the right track, in keeping with the growing interest in personal health. Nutritionists evaluate the health and lifestyle of their patients before developing a plan to help them get the outcomes they desire.

You can start for as low as ₱10,000, but can spend more if you want professional accreditation to increase your potential value.

Swimming Instructor Services

If you know how to swim and think you can teach others, becoming a swimming instructor could be a viable small business idea. Swimming is not only a great form of exercise but also a life-saving skill.

There is no official license or certification needed to become a swimming instructor in the Philippines. However, you will need to be a good swimmer and have the patience to teach people of all ages and abilities. Ideally, you should also be CPR certified.

Calligraphy Business

With the resurgence of all things vintage, calligraphy has made a comeback in recent years. This small business idea is perfect for those with a steady hand and an eye for detail.

With a small amount of capital to buy your materials and tools, you can immediately go to business by looking for clients. Events such as marriages, forums, conventions, and more might want to personalize their invitation lettering.

Carpentry Services

·        ROI turnaround:  Months – Years

Carpentry is a profitable small business that requires relatively little in terms of initial investment. If you have the creative talent and the necessary tools, you can start your own carpentry business from home. 

This is perfect for small-scale businesses that need woodworking for their product prototypes or small batch production runs.

Vulcanizing Shop

·        Initial budget:  ₱15,000 – ₱20,000

A vulcanizing shop is a relatively simple business to launch because no specialized technical knowledge is required.

As long as it’s near a busy route and you have the tools for changing tires, it can be profitable. There will always be people who own cars and motorcycles that need their flat tires pumped up or fixed. Simple jobs like these can pay between ₱1,000 and ₱2,000 per day.

Tailoring/Alteration Services

If you know how to use a sewing machine and know the basics of altering clothing, you can get started on tailoring or alteration services.

With the boom of the fashion industry here in the Philippines, more and more people care about their clothing, but only a few people know how to sew. Whether it’s repairing bags, pants, dresses, polos, or formal wear – this means that there has never been a greater demand for people to fix or alter their clothes to keep them in good condition.

This business can be scaled up from a small home-based alteration gig to later provide large-scale tailoring services if that’s the route you want to go.

Soap Making Business

Natural personal care products are becoming more and more popular among consumers who value their health and the environment.

With this business, you can offer a wholesome, environmentally responsible substitute for typical soaps that include harsh chemicals with handcrafted or herbal soaps. Making soap can be a successful business, especially if you obtain large orders from retailers for resale or from businesses for freebies.

Perfume Making Business

The perfume industry can net you awesome profits. And anyone can start a perfume business and turn a profit with the correct goods and marketing approach. People are always looking for niche and new scents – nobody wants to smell like everybody else, so consumers are willing to pay a little bit extra to be more unique.

Although, the materials and technical skills required for making perfume can be a bit difficult to learn. The mixing part is easy, but coming up with the right product that sells requires a bit of trial and error that can be a bit costly.

Home-Based Vape Shop

A home-based vape shop is a small business idea that can be started with a small investment. Vaping has become a popular hobby and there are many people who are passionate about it.

To start a home-based vape shop, you will need to invest in some vaping equipment and e-liquids. You can either sell online or set up a small shop in your home. Make sure you have the proper licenses to sell.

Room Freshener Making Business

An air freshener is an ideal solution to having a bad smell in your room. They come in various scents and can be placed anywhere in the room.

In this post-pandemic era, the market for air fresheners has grown as a result of increased income levels and a focus on cleanliness and hygiene.

Like perfume-making though, the materials and ingredients can be a bit costly, especially at the beginning. That said, you can quickly recover the costs as soon as you start selling your products.

Fashion Accessory Making

·        Initial budget:  ₱10,000 to ₱15,000

·        ROI turnaround:  Weeks to months

With an accessories business, you can use your creativity and passion for beautiful things. Sell handmade items including bracelets, necklaces, earrings, wallets, backpacks, phone pouches, and more. There are no limits to cute, trendy items you could make or sell.

At the very basic level, ₱10,000 is a suitable starting capital for this home-based business concept. This covers goods, overhead, and website design for your online shop. However, it can go up depending on other factors, including expensive materials.

Home-Based Travel Agency

To get started in this business, you’ll simply need a computer, a phone, a printer, and an internet connection. For this business, you don’t need to be well-traveled or have experience in the travel sector.

You just have to be familiar with the booking or ticketing procedure, be knowledgeable about the travel requirements of every nation, and provide courteous customer service. You may start your own home-based travel agency business for as little as ₱15,000.

Mushroom Growing Business

There’s a rising demand for gourmet and organic mushrooms in the Philippines. 

Mushroom farming has a lot of potential for profit, as it is used as an ingredient for chicharron, noodles, burger patties, and other organic food products.

Mushrooms are a high-value crop, yet only a little percentage of the overall mushroom consumption is farmed locally, while the rest are imported. You can supply this gap for fresh mushrooms by starting your own business.

Fruit Shake Business

·        Initial budget:  ₱1,000 to ₱10,000

Filipinos love sweet, cold drinks such as fruit shakes. This small business idea takes advantage of this by offering a refreshing and healthy alternative to sugary drinks. Why not turn fresh fruits into a profitable product during the warmest months of the year? 

Summer is a good time to buy seasonal fruits in bulk and offer them as shakes to your customers. You could start small, with a pushcart or kiosk, and expand as your business grows.

Car Rental Services

·        Initial budget:  ₱20,000 – above

·        Difficulty level:  Easy 

If you have a car that you don’t need or don’t use often, you can easily start a vehicle rental service. Clients can rent it for tours, temporary city stays, and more.

As the owner, you will be responsible for tracking your vehicle, as well as doing maintenance and repairs. Your initial budget will be spent on registering your business.

Medium-Sized Business (₱21,000 – ₱50,000 Capital)

Source:  Hyundai

·        Initial budget:  ₱30,000

·        ROI turnaround:  months

The demand for car wash services rises as more people own automobiles. Filipino auto buyers want their cars to look good at all times but do not have the time to keep it clean and sparkling every day.

A car wash business can be a profitable small business in the Philippines with the right location and marketing strategy. You can set up your own home-based car wash as long as your garage has adequate space to park numerous vehicles at once.

Wedding Planner & Coordinator

·        Initial budget:  ₱10,000 – ₱30,000

A wedding’s success depends on a wedding planner or coordinator. A good organizer will keep things flowing smoothly before, during, and after the wedding.

While the primary market for this small business in the Philippines is weddings, you can also offer your services to debutantes, corporate events, and other occasions that require coordination.

Keep in mind that this business isn’t for the weak: you need to handle logistics, guests, attire, accessories, church visits, invitations, and everything else. Good organizational and interpersonal skills are a must.

Beauty Products Reseller

·        Initial budget:  ₱20,000 – ₱50,000

Many small businesses in the Philippines started out as resellers of big beauty brands. Because of low initial investments and easy access to products, this type of business is ideal for first-time entrepreneurs.

To be successful as a reseller, you’ll need to choose products that are in demand and have a good margin. You should also focus on building a strong online presence and creating a loyal customer base.

Health Supplements

·        Initial budget:  ₱50,000 – above

Filipinos are starting to realize the importance of health and fitness, which has made health supplements a hot item in the market.

You can either be a retailer or an exclusive distributor of a particular brand. For this small business in the Philippines, it’s best to have a retail space in a high-traffic area such as a mall or a busy street.

As an exclusive distributor, you can sell to retailers who resell the products to end-users. You can also operate online and sell directly to customers.

Gym Supplements

If you’re a gym rat and have a wide network of friends, you can turn your passion into a small business in the Philippines by becoming a retailer of gym supplements.

This includes not only vitamins, but also protein powders, amino acids, and other products that help bodybuilders bulk up or achieve their desired physique.

You can sell your goods online and even take advantage of Filipino “tingi” culture by repacking them for single use and increasing your overall margins.

Videoke Rentals

·        Initial budget:  ₱25,000

The Philippines is a nation of music lovers, and videoke rentals continue to be one of the most popular small businesses in the country.

Whether it’s for a small gathering at home or a big party, videoke rentals are always in demand. If you want to advertise your business, though, you’ll need to stand out from the competition.

One of the most affordable methods of advertising your company is on Facebook. Other methods include banners, tarpaulins, and word-of-mouth marketing. In Raon, Manila, videoke machines are priced more reasonably, and you can easily acquire five machines for as low as ₱5,000 each to launch your business.

Pet Care Services

·        Initial budget:  ₱30,000 – ₱50,000

If there are lots of pet owners in your community, you can set up shop in your house and provide pet sitting and boarding services.

It will be beneficial to your neighbors because they will know their dogs are cared for while they are away. Clients are typically required to provide food for their pets at pet-care establishments. The only things you’ll need are cages and adequate room for the animals that belong to your clientele.

However, you’ll most likely need to have a pretty good-sized space to be able to accommodate pet care necessities, such as cages and yards for them to play in.

Aircon Cleaning and Maintenance Service

·        Initial budget:  ₱20,000 – ₱50,000

·        ROI turnaround:  Months

If you know how to clean and maintain air conditioners, then this business is perfect for you. This is a service that is in high demand, especially in hot and humid countries like the Philippines.

To get started, you’ll need to invest in some basic equipment, such as an air compressor, vacuum cleaner, and air conditioner cleaner. You should also have a van or truck to transport your equipment.

Window Installation Service

·        Difficulty level:  Easy 

This business is a great idea for those who have the necessary skills to install windows. The most important thing is to find good-quality materials so that your customers will be satisfied with your work.

It’s a fairly simple business to set up, but you’ll need to market it well to attract potential customers.

Pet Grooming Services

There will always be pet owners who are willing to spend money to keep their pets tidy and well-groomed. If you love pets and have the skills to groom them, then this small business in the Philippines is perfect for you.

You do need to invest in some pretty expensive equipment though, especially if you want to ensure your and the animals’ safety. The list includes necessities like tables, harnesses, sprays, scissors, shavers, and blow dryers. If you do well, though, you can earn consistent income from repeat customers.

Party Supplies Business

The party supplies business is perfect for those who love to plan and organize events. Party-goers are always on the lookout for new and unique ways to make their events stand out, so if you can provide them with what they need, you’re sure to be successful. 

Additionally, since Filipinos enjoy hosting parties left and right, you’ll always have customers willing to spend to make their gatherings truly festive.

Home-Based Pet Supplies Shop

Many Filipinos consider their pets like members of the family, so it’s no surprise that the pet supplies industry is booming. You can sell pet food, clothing, accessories, grooming supplies, and toys on online platforms like Facebook, Instagram, Lazada, and Shopee.

Depending on your pricing and the specific items, you can expect to make an average profit of 30% to 200%. Plus, you don’t need to pay expensive fees for rent since you can operate your business from home.

CCTV Installation

More and more Filipinos are purchasing a CCTV system for their home’s protection. The installation process, however, is not as easy as it looks. If you’re familiar with electrical wiring and have an eye for detail, you can offer your services to install CCTV systems in people’s homes.

Of course, you need to dedicate enough time and resources to train yourself to install all kinds of CCTV systems. After that, though, you just have to worry about growing your customer base.

Niche Sports Equipment Rental

Many people wish to participate in a certain sport, but they don’t want to commit to buying all the necessary equipment. This is where your small business comes in.

You can start a niche sports equipment rental by catering to a specific sport, like golf, tennis, or badminton. The only thing you need to do is invest in high-quality equipment and market your business to people who are interested in the sport.

Collection Agency

In any business, there will always be customers who don’t pay their bills on time. While this is unavoidable, you can still do something about it by starting a collection agency.

Your job is to help businesses collect the money that’s owed to them by their customers. Of course, this isn’t an easy task, but it can be very lucrative. After all, businesses are always willing to pay a good amount of money for someone to help them get paid.

Home-Based Videography Business

·        Initial budget:  ₱40,000 – above

·        ROI turnaround:  Months – years

Filipinos love to document their lives, so it’s no surprise that many of them are in need of a videographer. From a child’s baptism to its first birthday, graduation, a person’s first public appearance, a marriage, a reunion, and pretty much anything else,  there’s always an event that needs to be filmed.

To start out, you need to have a video camera and some basic editing skills. Most videographers also invest in good equipment, such as a high-end camera, a high-performance computer, and other peripherals necessary to take great shots.

Photography Business

If you have good photography skills, you can freelance for weddings, events, community gatherings, and more to take pictures. In today’s social-media-obsessed world, many people are willing to pay for good pictures.

Your capital will likely be spent on buying good equipment such as a DSLR camera. You can also start a small photography business by printing and selling your photos online or in physical stores. There are many ways to make money with this small business idea, so it’s definitely worth considering.

Influencer Handling Agency

·        ROI turnaround:  Years

The influencer industry is booming in the country, with many well-known personalities gaining prominent media attention. As a result, they are likely to get business deals for various reasons.

For influencers (or even streamers), an agency or talent management can be very useful. As an agent, you’ll be handling business and legal transactions, contract negotiations, and client acquisition, allowing them to focus on what they do best.

Home-Based T-Shirt Printing

·        Initial budget:  ₱15,000 to ₱50,000

If you have a creative spirit and entrepreneurial drive to market your designs, t-shirt printing can be extremely lucrative.

Because of the popularity of couple shirts and statement shirts with clever or funny prints, t-shirts are simple to sell year-round. Campaign shirts and personalized shirts for gifts and freebies can see a spike in demand during special seasons such as elections. Your profit margin per shirt might range from 100% to 500%, depending on the design.

Collectibles Trading

There’s money to be made in trading collectibles, whether it’s comics, coins, stamps, or even action figures. 

The key is to find items that are in high demand but have low supply. If you’re a collector, you can use your in-depth understanding of the market to find items that are undervalued and have the potential to increase in value. You can either buy these items yourself or find someone who is willing to sell them to you at a lower price.

Meal Planning Business

If you like meal planning and are a health buff, you can customize people’s meal plans according to their dietary restrictions and food preferences. You can either cook the meals yourself or outsource them to a catering service. 

Your main market is people who want to eat healthy food but don’t have the time to cook, busy moms who want to make sure their families are eating well, or working professionals who don’t have the time to meal prep.

Tattoo Shop

·        Initial budget:  ₱100,000

If you have an artistic talent and a love for body ink, a tattoo shop might be an ideal investment for your skills. Tattoos have become more popular in recent years, with more people getting them for both aesthetic and sentimental reasons. 

However, because tattoos are a permanent form of body modification, it’s important to do your research before opening a shop. You’ll need to have a strong understanding of the tattoo industry, as well as the different types of equipment and supplies. You should also be familiar with the latest trends in body art.

Tarpaulin Printing

Tarpaulin businesses are one of the most lucrative ways to enter the printing industry. In the Philippines, printed tarps are in high demand, especially during family events like birthdays, wedding anniversaries, and graduations. They’re also used by businesses for advertising, company events, and signage.

The main cost of starting a tarpaulin printing business is the printer itself. A good quality printer can cost anywhere from ₱20,000 to ₱200,000. If you don’t have a place yet, you need to pay rent, as well. You may also have to hire other people to help you with daily operations.

Design and Printing Services

·        Initial budget:  ₱10,000 – ₱50,000

The need for customized printing services is constant throughout the year, but it’s particularly strong around elections and holiday times. You can also do personalized promotional items like mugs, button pins, caps, and shirts.

Luckily for you, modern printing technologies enable small businesses to provide a wide array of services at relatively low costs. The biggest expense is usually the printer and related equipment.

Adventure Tourism Packaging Business

·        Initial budget:   ₱50,000 – above

Do you love outdoor activities? Do you live in an area with plenty of tourist attractions and outdoor adventures? You can turn your hobby into a profitable business by marketing adventure packages.

The Philippines is one giant outdoor experience – there is surely plenty of demand for adventure travel. You can sell your packages to adventure seekers, both domestic and international, thanks to the Philippines’ abundance of air, land, and water adventure attractions.

Bicycle Rental Shop

Although the Philippines isn’t as bike-friendly as other countries in Southeast Asia, there’s still a market for bicycle rental shops, especially in tourist areas. If you live near a beach, mountain, or other tourist destination, you can start a small business that rents out bicycles by the day, week, or month.

You can buy quality bicycles for as low as ₱10,000 per unit, particularly if you buy them secondhand. Your units can be rented using a government ID and waivers as collateral. From there, all you have to do is monitor and periodically maintain the bikes.

Interior Design Consulting Business

An interior design business is a great small business idea for those who have a flair for aesthetics and a knack for putting together beautiful spaces.

While the initial investment is relatively small, around ₱20,000 to ₱50,000, you will need to put in a lot of time and effort to build up a portfolio and attract clients. Interior design is a service-based business, so your success will depend largely on your ability to market your services and build a good reputation.

Cleaning Service Business

·        Initial budget:  ₱20,000 – ₱30,000

Cleaning services are in higher demand than ever, particularly in Metro Manila where people live fast-paced lives. Your target market includes students and working professionals who rent apartments or condos but don’t have time to clean, as well as businesses like malls that hire outside contractors.

If you can deliver a high-quality service, your regular customers will recommend you to others who might end up becoming regulars as well. This business is labor intensive, though, especially if you plan to do most of the work yourself in the beginning.

Honey Bee Production

·        Difficulty level:  Medium – Difficult 

Beekeeping is a low-effort, low-resource industry with positive social, economic, and environmental effects. If you manage to balance the delicate conditions required for bees to thrive, selling honey can be a profitable endeavor for you.

If you already have a place to put your hives, the capital investment will mostly go to equipment and bee acquisition. You’ll also need to have patience and dedication, as it can take years for a hive to start producing honey in large quantities.

Pest Control Services

Pests like termites, cockroaches, mosquitoes, mice, and other critters can ruin a place’s hygiene and health. This is why businesses and homes utilize pest control services to get rid of bugs and guard against infestation.

You can provide services like fumigation, termite treatment, and rodent control. Because there is a significant likelihood that you will receive long-term and recurring business by offering such services, you can easily find regular customers.

Landscaping Service Business

·        Difficulty level:  Medium – Hard

If you like being outdoors and have an eye for detail, starting a landscaping business could be a great small business idea for you.

You can offer services such as indoor and outdoor landscaping, gardening consulting, and maintenance to homes, workplaces, schools, restaurants, resorts, and other establishments that have a need for such services.

Multimedia Design Business

Do you enjoy expressing your creativity through visual or audio-visual means? If so, you could start a small business in multimedia design.

This industry is in incredible demand, not just in the Philippines but internationally as well. You won’t run out of interested clients willing to pay good money for rich multimedia content, such as graphics, design, animation, and more.

You do have to invest in good equipment, though, like a drawing pad, pens, and design software.

Homemade Pizza Business

Pizza is a classic favorite among Filipinos of all ages, which is why starting a small pizza business can be a great way to earn some extra income.

You can start by making pizzas at home and delivering them to customers in your area. Once you’ve built up a good reputation, you can start expanding by setting up a small store or kiosk.

Of course, making delicious pizza is no easy feat. It requires time, effort, and most importantly, the right ingredients if you want to stand out.

Mobile Food Trucks

Starting a food truck can be a profitable business if you know recipes that don’t cost much to make and have a lot of people lining up to buy them.

This small business idea is perfect for those who love to cook and experiment with food. They’re especially great because you can move them from place to place to take advantage of seasonal or hourly customers. With the right location and product, food trucks can be a very lucrative opportunity.

Tapsilogan Business

·        Initial budget:  ₱50,000

Tapsilog  is a staple Filipino breakfast consisting of  tapa  (cured beef),  sinangag  (garlic fried rice), and  itlog  (egg).

There are many variations of this popular local dish, and they’re all pretty affordable to make and easy to sell.  You can set up shop with very low costs, although this business model can be quite labor-intensive if you’ll do the cooking yourself. 

Online Clothing Distributor

Online retailers can make a 30% to 70% profit margin by selling reasonably priced clothing. You can keep your business costs down if you stick to an online-only store.

For supplies, you can either dropship from a clothing manufacturer or buy in bulk from a local supplier. Divisoria and Taytay Tiangge are just some popular areas that offer affordable yet high-quality goods which you can then resell on your online store.

Career Consultant

·        Initial budget:  ₱20,000 – ₱50,000 

As more and more Filipinos look into non-traditional employment opportunities, the need for career consultants who can help them make the right choices will continue to grow.

If you’re familiar with various industries and professions, you can start a small business offering your services to those who need guidance in choosing the right career path.

Online Tutorial Center

Do you appreciate learning and children? Why not launch a tutoring service online? Even if you don’t have a teaching license, you can easily try out this business, as long as you have a computer and a reliable internet connection.

The capital will be mostly spent on setting up your work area. Your capital will be used to set up your work area. Necessities include a working computer and camera, good wifi, and a distraction-free space.

Business With ₱51,000 – ₱100,000 Capital

Source:  Rainmaker

Ukay-Ukay Shop

·        Initial budget:  ₱51,000 – ₱70,000

Pinoys on a tight budget frequent ukay-ukay shops to find slightly used clothing for much lower prices. You can still make a large profit, roughly twice to four times the item’s original price, even if you sell at discounted rates.

If you’re good at salestalking and negotiation and have an eye for fashion, this line of business can easily be your source of livelihood.

Cellphone Repair Shop

In the Philippines, cellphone repair is a flourishing business. People who have damaged phones would prefer to save money by getting their phone serviced than to get a new one (particularly for easy, minor repairs).

It can be tough to stand out from the competition, though, especially if your business is located in typical places such as malls. You need to have competitive pricing and work fast if you want to stand out.

Gift Shop/Boutique

Gift shops are always in demand because they provide a solution to people looking for the perfect present. If you have an eye for aesthetics and a knack for curating, you can start your own gift shop or boutique.

You’ll need to be located in a strategic spot, such as near malls, plazas, and other high-traffic areas. You can also sell your wares online if you want to save money on rent costs.

Computer Repair Services

·        Initial budget:  ₱60,000 – above

·        ROI turnaround:  Medium

This business is ideal for IT professionals that have the technical skills needed to diagnose, troubleshoot, maintain, and fix computers.

The biggest challenge for computer repair businesses is that there are a lot of small companies in the Philippines that offer the same services. What you need to do is focus on your target market and build a strong online presence.

Samgyeopsal

·        Initial budget:  ₱50,000 – ₱80,000

Samgyeopsal is a well-known Korean delicacy made with grilled pig belly. The majority of the time, diners broil their own meat and consume it hot off the grill. 

In the Philippines, Samgyeopsal businesses have become popular because of the growing demand for Korean food. If you’re planning to start this business, it’s important to find a strategic location where there is a high density of potential customers.

Event Live Streaming

·        Initial budget:  ₱50,000 – ₱10,000

Filipinos enjoy staying in touch with their loved ones. This is one of the reasons why event live-streaming services have become popular in the Philippines.

These businesses offer their services to customers by setting up cameras and broadcasting the event online, allowing people who are not able to attend the event to still watch it live.

You’ll have to learn plenty of technical skills for this kind of business, though, and buy some pretty expensive equipment and software.

Drone Rental

·        Initial budget:  ₱25,000 – ₱100,000

Drones are pricey, especially well-known brands. An expensive drone that will only be used once is preferable to be rented.

If you have multiple drones, you can rent each one out for between ₱1,500 and ₱2,000 per day. If you operate the drone for prenup, wedding, commercial, and corporate shoots, you can make more money — around ₱5,000 per day.

Bigasan (Rice Business)

·        Initial budget:  ₱50,000 – ₱100,000

Rice is a staple in the Filipino diet, which is why there are many rice dealers or  bigasan  businesses in this archipelagic country.

With rice, you’ll always have buyers, regardless of price changes. In busy areas with good storage (such as  talipapa  and public markets), rice vendors make a good profit.

Personal Fitness Trainer

·        Initial budget:  ₱50,000 – ₱60,000

A lot of people are now health-conscious and are willing to spend on personal fitness trainers. If you’re a certified professional with a passion for fitness, you can start your own business by becoming a personal trainer.

Personal trainers typically make anywhere from ₱500-₱1,000 per session, more if you’re already an established name in the field. Some celebrity trainers demand consultation fees of between ₱5,000 and ₱10,000.

Dog Training

Only individuals who can sincerely devote their time and effort to dog training should venture into this business. It’s a demanding and time-consuming job, but it can be rewarding — both emotionally and financially.

If you want to be a dog trainer, you need to invest in safety gear and treats, as well as create a sturdy and safe training area. 

Painting Business

·        Initial budget:  ₱50,000 – ₱70,000

While being a skilled painter may require a certain level of expertise, it also requires the same level of commitment as working in any other line of work.

The initial capital will mostly be used to purchase the necessary supplies, such as ladders, paint brushes, extension cords, and paint cans.

·        Initial budget:  ₱100,000 – Above

Farming, whether it’s planting high-demand crops or keeping livestock, is certainly not for the weak. It’s a demanding job that requires dedication, patience, and a lot of hard work.

Plus, starting a farm from scratch can be expensive, as you’ll need to purchase land, seeds, and equipment. However, it can be a very profitable business, especially if you manage to buy land that’s already being used for farming.

·        ROI turnaround:  Weeks – Years

Buying and selling stocks can be a very profitable business, but it’s not for the faint of heart. The stock market is volatile, and prices can fluctuate rapidly.

To be a successful trader, you need to invest money and time in learning about the stock market and strategies for trading. You also need to have a large amount of capital to invest, as well as the ability to take risks.

Accounting and Bookkeeping Company

·        Initial budget:   ₱10,000 – above

If you’re a Certified Public Accountant (CPA), you can start out as a freelancer and charge for your accounting and bookkeeping skills. 

For higher profits, make sure you target high-income individuals and thriving business owners. As you gain more clients, you can start by hiring one or two contractors until you form an entire firm.

Human Resources Services

A human resource firm can be a good business idea if you have connections with experience in corporate, labor, compensation & benefits, headhunting, and executive positions.

Many businesses increasingly contract with foreign companies to provide their HR services. You’ll be in charge of the company’s organizational structure, record-keeping, payroll, benefits, and hiring processes.

Dropshipping Business

Dropshipping is a form of order fulfillment in which the seller accepts orders while delegating inventory control and product delivery to the supplier. The potential for this nearly hands-off business is enormous given the continued growth of online purchasing activity worldwide, not just in the Philippines.

While you can technically start dropshipping for free, you’ll have to reinvest profits back into the business to eventually scale it.

Office Indoor Plant Services

·        Initial budget:  ₱100,000 – above

In addition to improving the aesthetics of a room, plants have a favorable impact on the quality of the air we breathe.

If you have a passion for plants, you can grow your own or get them from less expensive sources, prop them up in attractive vases, and then sell in-bulk to offices who want to decorate their spaces with healthy plants.

Appliances “Pautang”

·        Initial budget:   ₱50,000

With the internet and social media, you can easily advertise and loan appliances to people in your community.

This small business idea is perfect for those who want to start a business with little capital. You can even offer a discount for those who return the appliance in good condition.

Furniture “Pautang”

Many Filipino families consider furniture to be a must in their home, yet many malls don’t sell affordable furniture. When they do, they generally don’t offer flexible financing just for anyone. You can take advantage of this market gap by loaning furniture to buyers who are willing to get into an installment agreement over high-quality furniture.

Real Estate Agency

·        Initial budget:  ₱100,000 – above

·        Difficulty level:  Difficult

·        ROI turnaround:  Years

In the Philippines, there is a growing demand for real estate agents who can help people buy, sell, or rent property. The real estate industry is quite complex, so it’s important to have a good understanding of the market before starting this business.

To be successful in this industry, you’ll need to build a strong network of contacts and partners. You should also have a good amount of capital to invest in marketing and advertising.

Food Catering Services

When it comes to planning parties and events, Filipinos are willing to pay a premium for convenience. One of the most popular vendors for this use is caterers. Entrepreneurs that are passionate about and have experience in the kitchen and want to succeed in the food industry.

Despite the competitive industry, you can get your ROI in only months if you can stand out from the rest.

Professional Cooking Classes

If you’re a whiz in the kitchen and want to share your talents, then starting a professional cooking class might be a good small business idea for you.

There’s a lot of demand for hands-on skills like cooking. While people can learn about cooking online, some people, especially complete beginners, prefer personal teachers that can guide their hand and show them how it’s done.

You’ll need some capital for essential expenses though, such as equipment, location, ingredients, and marketing.

Do-It-Yourself Workshops

If you’re good at DIY projects and enjoy teaching others, then starting a do-it-yourself workshop might be the small business idea for you.

There are all sorts of do-it-yourself projects people can learn, such as painting, woodworking, gardening, and more.

Yoga Instructor

These days, Filipinos are starting to become more concerned about their health. One of the trendiest ways to get a fit and healthy physique is through yoga.

If you’re a certified yoga instructor, then you can start offering your services as a freelance instructor. You can offer private classes, group classes, and even solo classes.

Yoga Retreats

Aside from being a freelance instructor, you can also host yoga retreats for interested students. This is a great way to connect with like-minded people and share your love for yoga. Numerous people find yoga to be a very spiritual experience, and there are many ways to make a lucrative business out of people’s desire for calm and clarity. 

You’ll need a space where you can host the retreat, as well as enough money to cover expenses like food, drinks, and transportation.

Business With ₱100,000+ Capital

Source:  Kqed

Convenience Store

You don’t need a lot of money to start your own convenience store. While franchise stores like 7/11, Ministop, and Family Mart typically cost a lot to start and maintain, small neighborhood sari-sari stores only need a small initial investment and can be just as profitable. The key is to find a good location with high foot traffic. In urban areas and rapidly-expanding residential areas, you can expect a lot of people to drop by your store for their daily needs.

Airbnb Rental

Because Airbnb offers more affordable rates than hotels, many international and local travelers prefer using it for accommodation.

If you spend a lot of time away from your house or condo, you may be able to make some extra money by listing your space on Airbnb. Just make sure that your place is clean, comfortable, and safe for guests. You can also add special amenities to make your listing more appealing, which is where you’ll spend most of your capital.

Urban Farming & Gardening Service Company

Growing and producing plant-based food in a city or metro is known as urban farming and gardening. It enables people to cultivate and create their own fruit and vegetable orchards.

You can create an urban farm by utilizing abandoned or unused spaces in the city, such as rooftops and small backyards. You’ll be using the initial capital to buy the seeds, soil, and other materials needed for planting.

DIY Construction Equipment Rentals

If you have plenty of construction equipment lying around, you may want to rent them out to small businesses or DIYers who don’t have their own equipment.

The demand is high for woodworking, metalworking, and welding instruments, which means there’s money to be made in buying and then renting out these kinds of heavy equipment.

Building Contractor

You can start with modest domestic projects and then transition to commercial locations if you have enough momentum and funding. This is the ideal small business if you’re familiar with the construction industry and have good managerial skills.

As a small building contractor, you’ll need to be registered with the Department of Trade and Industry (DTI) and the Philippine Contractors Accreditation Board (PCAB). You’ll also need to have an insurance policy in place to protect your business.

Recruitment Agency

If you have keen managerial, recruitment, and people management skills, you can start your own recruitment agency. You can begin by targetting janitorial companies, security services, construction firms, and other mass labor companies, and eventually, work with bigger-ticket clients as you scale.

Lights & Sounds Equipment Rental

Lights and sounds equipment rental is a small business that can be quite profitable, especially if you’re located in or near a city.

High-quality lights and audio can bring events to a whole new level and give a more upscale vibe. You can start small by renting out basic equipment like microphones and speakers and then gradually add more sophisticated items to your inventory. 

Mobile Bar & Bartending Services

Mobile bars are a classy way to liven up a party. People are going to hire you to mix their drinks, so you’ll need to be well-versed in bartending. 

You can provide a portable and convenient solution to parties that might be happening in uncommon locations such as beaches, mountain resorts, and any other places that might not have a stock of alcohol.

Meat Shop/Meat Retailing Business

·        Initial budget:  ₱120,000 – above

Most Filipino households regularly eat meat. You can make a large and consistent income if your butcher shop is located in a strategic area. This is perfect for business owners who can locate the perfect venue to sell meat, such as a storefront or market stand.

You can start for as low as ₱120,000 if you want to open your own shop with your own brand. However, if you want to franchise, this amount can reach millions.

Deep Cleaning Services

Modern families with two working parents frequently struggle to find the time to perform thorough house cleaning. They would prefer to spend their valuable weekends hanging out or going on date nights. 

As an expert cleaner, you can help maintain their environment in order to conserve time and energy. You can also perform deep cleaning services for offices and commercial spaces. 

Plumbing, Electrician, & Handyman Services Companies

If you have a lot of contacts and know how to market your services, you can easily create a service company that performs residential or commercial plumbing, wiring, and other upkeep services. 

It would be best to have people with the relevant skillsets on your team so you can offer a one-stop solution for all of your clients’ needs.

A fantastic way to turn rubbish into money is to open a junk shop or scrap trading business. This type of business consists of purchasing scrap metals, discarded bottles, cartons, plastics, and newspapers and selling them to recycling companies and factories for better prices. Depending on the current market rate, just one truckload of scrap metal can earn you thousands of pesos.

Personal Concierge and Errand Service

Errand-running for busy clients and organizations can be a terrific source of revenue. Examples include bill payment, laundry pickup and delivery, gift and grocery purchasing, and product delivery. 

You can scale this business by hiring more people to be a part of your team. You can also offer additional services such as dog walking.

Lechon Manok Business

·        Initial budget: ₱100,000 – above

·        Difficulty level: Easy – Medium

·        ROI turnaround: Months

Filipinos love roast chicken. In provincial towns, it’s very common to see lechon manok stands beside the road, and they usually have a line of customers waiting to get their hands on a delicious, juicy chicken. You can succeed in this business if you have drive, perseverance, and a suitable location.

Commercial Soft-Serve Ice Cream Franchise

·        Initial budget:  ₱100,000 – ₱450,000

Any time of year, ice cream is a favorite dessert among Filipinos. This kind of business is ideal for those who have the budget to spare but don’t have the time to formulate a homemade recipe. 

There are many well-known and beloved commercial ice cream brands in the Philippines. However, you’ll need to have a small space for your ice cream machine and enough initial capital to cover the franchise fee and other startup costs.

·        Initial budget:  ₱120,000 – ₱150,000

Filipinos love bread for breakfast and merienda. This successful venture generates a net profit of between ₱700 and ₱2,500+ per sack of flour, or between ₱2,000 and ₱6,000 per day. It’s an ideal small business for entrepreneurs who are passionate about baked goods and have the necessary patience and dedication.

Water Refilling Station

·        Initial budget:  ₱150,000 – above

Water refilling stations make a consistent profit despite intense competition. After all, water is an essential commodity, ensuring that you’ll get your ROI back within just a few months to a year.

To start, you’ll have to secure a small space to set up your equipment and have a small team to help with the operations. You’ll also need to obtain the proper permits from the local government.

Abaca Farming

·        Difficulty level:  Hard

The Philippines is one of the world’s leading  abaca producers . Abaca is a type of banana plant whose leaves are used to make rope and fabric.

If you buy an abaca farm, you can harvest the crops and sell them to middlemen. You can also process the abaca yourself to create finished products like ropes and bags, which you can sell for a higher price.

Medicinal Plant Farming

Due to Filipinos’ increased interest in traditional herbal treatment, the pharmaceutical industry is experiencing an increased demand for raw materials. As a result, the market for therapeutic herbs is substantial. For instance, lagundi (herbal medicine) farming alone can generate thousands of pesos in profit.

You’ll need to learn extremely technical skills about farming and growing specific plants, though, which could be difficult if you don’t have a background in agriculture.

Microbrewery Business

·        Initial budget:  ₱200,000 – above

Craft beer is steadily becoming more popular all around the world, and the Philippines is catching up to this trend quickly. If you like brewing beer and are passionate about trying out new flavors, this small business idea might be perfect for you. 

To start a microbrewery, all you need is space and equipment. If your product is successful, you can sell it online on your own or even to local bars.

Storage Rental

·        ROI turnaround:  Months – Years 

Storage space has become a valuable commodity in populated cities like Metro Manila. If you have an extra room, garage, or storage container, you can start renting it to people who need somewhere to store their items.

You can start small by renting out a few square meters and gradually increase the size of your storage rental business as you get more clients.

Smart Home & Automation Services

·        Initial budget:  ₱200,000

As a smart home automation business owner, your objective will be to offer installation and maintenance services for these gadgets. Thermal sensors, for instance, can be installed throughout the house to enable the AC to adjust automatically according to the client’s preferences.

Home & Office Furniture Rental

For those considering leasing their items rather than selling them, this is a niche market. Vacationers who stay in the locations they visit for longer periods might rent furnishings to make their living quarters feel more like home. The same goes for businesses that might need to rent furniture for their office space.

Gym/Fitness Center

·        Initial budget:  ₱200,000 above

Many Filipinos are starting to care more and more about their physique. They tend to look for a nearby gym where they may exercise affordably and keep in shape.

A modest gym or fitness center can be a lucrative business idea. You just have to buy gym necessities like weight sets, exercise mats, and basic equipment such as a treadmill. As you start getting more clients, you can add more expensive equipment to your business.

HVAC Maintenance Contractor

The majority of HVAC businesses in the nation focus on the maintenance and management of refrigeration and air conditioning systems. Air conditioning systems are crucial in the Philippines because of the hot, humid weather, so services that can maintain and repair these systems will always be in demand.

Disinfection Services (Covid-19)

Keeping ourselves clean in this post-pandemic era is not only essential but also a service that is in high demand. If you have the knowledge and equipment to provide disinfection services, this small business idea might be perfect for you.

Of course, you must ensure that all your tools are always properly cleaned and sanitized. You also have to prepare PPEs (personal protective equipment) for yourself and your team to prevent any contamination.

Recycling Business

If you care about the environment and would like to make some extra money, then a recycling business is perfect for you. However, launching a business of this nature can be difficult without careful planning.

You will need to have a clear understanding of the recycling process, what materials are valuable, and where to sell them. Additionally, you must be able to find a steady supply of recyclables to keep your business afloat.

Photo Booth Rental

·        Initial budget:  ₱250,000

In the Philippines, photo booths are popular at birthdays, weddings, baptisms, reunions, and business events. It makes sense because Filipinos adore preserving their images as souvenirs. Suppliers of photo booths charge between ₱3,000 and ₱5,000 for a two to four-hour event. Therefore, your profit will increase as your bookings increase.

Laundry Shop

·        Initial budget:  ₱250,000 – above

Laundry businesses are in high demand in the Philippines. In condominium complexes and residential neighborhoods of Metro Manila, where working professionals hardly have the time or room to wash their laundry, laundry shops are popping up like mushrooms.

This is great for entrepreneurs who can pick a place with a good water supply and proximity to their intended market.

Formal Wear Rental

·        Initial budget:  ₱300,000 – above

For weddings, proms, debuts, and other festivities, thrifty Pinoys rent gowns and suits rather than purchasing brand-new ones to save money. You can launch a formal wear rental company, charging between ₱300 and ₱7,000 for each item of clothing that you rent out.

To maximize profits, you can also offer other services, such as make-up and hair styling, transportation, and photography.

Professional Beauty Salon or Barbershop

·        Initial budget: ₱300,000 – above

·        Difficulty level: Medium – Difficult

·        ROI turnaround: Months – Years

The Philippines’ growing middle class is increasingly conscious of its appearance, which has resulted in the boom of beauty salons and barbershops in the country.

That said, you need to focus on proper training and management to avoid undesirable outcomes like damaged hair and skin rashes.

Selling or Renting Electric Bicycles

·        Initial budget:  ₱300,000

Worldwide usage of electric bikes (E-Bikes) is significantly increasing. These battery-powered bicycle sales are beginning to hit new highs, and it is anticipated that they will continue to rise over the next few years.

The cost of each unit is significantly lower than running a car or motorcycle dealership, and more people are beginning to appreciate the idea of an electric-assisted bike for its practicality and environmental benefits.

Spa/Massage Therapy Business

·        Initial budget:  ₱400,000 – above

Many working professionals today seek relief from stress and physical aches and pains in spas and massage parlors due to their fast-paced existence. These establishments are frequently fully booked, especially on weekends and weeknights.

This type of business venture is a financially lucrative small business concept because of the strong demand for massage therapy services.

Security Agency

·        Initial budget:  ₱500,000 – above

Security agencies exist to help people and businesses feel safe. You can start a small security agency that provides guards for residential areas or small commercial establishments. As your business grows,

Businesses can hire the personnel they need from security companies to ensure the protection of their operations and assets. You’ll establish a business that will serve as a hiring and allocating service for security people to customers.

Parking Business

It’s a huge hassle trying to find parking in the city. One potentially lucrative business is building your own parking space and charging people for it.

Of course, this small business idea requires a large amount of startup capital because you will need to acquire land of some kind, which can be pretty expensive, depending on your location. However, if you pick the right spot, your investment will eventually pay off.

3D Printing Services

Although these items are expensive, their cost has really decreased dramatically since their introduction years ago. In addition to creating things from scratch, you can also modify or enhance current products for your clients.

3D printing is an ideal service for entrepreneurs who want to test the mockups of their concept product without necessarily having to shell out money for manufacturing. There are also many hobbyists that require expert training, maintenance, and more.

Cryptocurrency ATM Machine

The tangible component of trading with a device they are familiar with makes the process of getting into cryptocurrencies easier for newbies, in addition to serving as a center for existing owners to purchase and sell cryptocurrency with cash.

As the owner of the ATM, you’ll earn service fees for every transaction, so this kind of business depends on how strong the cryptocurrency industry in the country is.

Building Maintenance Firm

Nobody enjoys being in a run-down, unclean area. You will be responsible for keeping the building in peak condition as a building maintenance company.

Your services will be contracted by the building owner or management, and you will need to ensure that all areas are clean, functional, and safe for use. Most of your capital will be spent on hiring staff and buying equipment.

Landscaping Company

If you have experience in any of these three areas, you may start by pitching your services to small-scale projects like home sellers or those wishing to refurbish their front and back yards. Your firm could provide customized packages that take care of everything, from sourcing the plants to designing the landscaping.

Building Safety & Inspection Services

Building safety is of the utmost importance and must be maintained over its lifetime. Accreditation and the appropriate certification are needed to launch this kind of firm. Once operational, you can start providing your services to both public and private building owners that require ongoing building safety certification.

Waste Management Services Company 

Creating a system for gathering and sorting waste from residential units is definitely a good place to start.

Residents will be more than happy to have you pick up their trash, and some will even pay for quick and efficient rubbish disposal. Once the gathering and sorting are complete, you can sell to junkyards or even straight to recycling companies.

Scrap Metal Vendor 

·        ROI turnaround:  Months 

Because metal can be recycled without losing quality, it offers a fantastic chance for you to start a business.

This kind of business is still fantastic, especially for those who want to help the environment, since it prevents useless products from ending up in landfills, even though you might not earn a tremendous amount of money unless you’re dealing with huge volumes of metals.

Laser Engraving Business

·        Initial budget:  ₱500,000 

This is a business that’s perfect for those who have a steady hand and an eye for detail. A laser engraving machine is used to engrave images or text onto various materials, such as wood, metal, glass, and more. You can start small by targeting small businesses in your area that are in need of this service.

Photo & Video Equipment Rentals

Renting out photo and video equipment can also be a lucrative business. Despite being talented, some people in the industry can’t afford to buy their own.

Although the initial investment required for this kind of business can be rather high, it’s worth it, especially if you have mechanisms to ensure that your equipment won’t be damaged, such as contracts or waivers.

Pizza Business

Filipinos frequently order pizza for parties, family and barkada gatherings, and business meetings because pizzerias give customers convenience. There are affordable pizza franchises at half a million, but you need to find a profitable place to set it up. 

With the right location, anyone who is passionate about, skilled at, and experienced in operating a pizza business can be successful at this business.

Mango Processing Business

·        Initial budget:  700,000 – above

One of the more competitive culinary products made in the Philippines is dried mangoes. 85% of the nation’s total production of dried mangoes is exported, and the fruit is known for its quality across the world. You can turn mangoes into dried mangoes, purees, juices, syrups, jams, chocolate-dipped, and more.

Demolition & Wrecking Contractor

·        Initial budget:  ₱900,000 – above

Heavy machinery and trained manpower will be the bulk of your capital expenses, but you can get good money by partnering with engineering firms, especially if you specialize in urban locations.

Logistics/Trucking/Hauling Services

The Philippines’ expanding manufacturing and retail sectors are driving up demand for logistics services like trucking that can move products effectively. Therefore, launching a trucking company now, especially as a B2B service, will be a wise investment.

Import/Export Business

·        Initial budget:  ₱1,000,000

You may want to consider using the import/export method depending on the product. Both use selling as their primary idea and source of income. It all depends on how well you can organize and manage the logistics. Once you have that calculated, locating customers and a target market is all that remains.

Shoe Repair Shop Franchise

In the Philippines, it is still customary to save shoes for emotional and financial reasons. Gaining your clients’ trust will allow you to benefit from their repeat business. You can franchise from established companies, or you can hire people that you know who will have shoe-repairing skills.

Van/Hauling Vehicle Rental Services

·        Initial budget:  ₱1,000,000 – above

Instead of providing moving services, you can also rent out any extra vans and large vehicles that you might have to people who would like to use them. This is ideal for business owners who have a fleet of unused heavy vehicles but don’t want to go through the hassle of recruiting for and running a moving business.

Campground Business

Travel is getting more comfortable as tourists pick back up. By setting up a campground business—i.e., a personal campsite where visitors may stay—you can take advantage of this. You can also set up tents and other amenities that are beneficial for your clients.

The bulk of your capital will be used for purchasing or furnishing the land to be more camping friendly and to have campground amenities without destroying its natural beauty.

Rage Room Businesses

·        Initial budget:  ₱1,000,000 

Rage rooms are locations where individuals can enter and begin smashing objects with the intention of releasing their anger.

Some claim that it is therapeutic since the act of physically destroying items relieves stress. Rage rooms, also known as smash rooms or anger rooms, have been around for a long time and are present in many places all over the world.

Modern Jeepney Franchise

·        Initial budget:  ₱1,400,000 – above

In the Philippines, the government’s public utility vehicle (PUV) modernization initiative is a contentious topic; transportation organizations are against its adoption since e-jeepneys are expensive.

However, this might be a potentially lucrative business for innovative Filipinos, as environmentally friendly PUVs are anticipated to take the place of the outdated, conventional jeepneys that will soon be phased out.

Solar Panel Installation Firm

·        Initial budget:  ₱2,000,000 – above

In the past several years, a number of new firms in the solar panel business have emerged. If you’re eager to participate, you can start a company that sells solar panel services.

Homeowners and small businesses are often your target market, as they’re the ones that are always on the lookout for new ways to save on energy costs.

ADU (Accessory Dwelling Unit)

ADUs are a different investment that Filipinos might consider, despite the fact that they are a relatively new idea. As more economical options, these supplementary apartments act as second homes or as areas that are shared with the main residence.

These affordable lodging options offer a win-win situation for the company owner and people looking for reasonably priced lodging in the metro area. This is especially true if you have important locations around you, such as schools, colleges, tourist attractions, and more.

Co-Working Spaces

The notion for co-working spaces was sparked by the increase in independent contractors, home-based workers, and “Digital Nomads.” It’s essentially a shared workplace that serves as the “office” for a variety of freelancers and small businesses; frequently, students also use these facilities for studying.

It can be self-sustaining if you have the area and amenities necessary to operate this kind of business.

Office Pods

·        Initial budget:  ₱3,000,000 – above

These are essentially portable, soundproof little offices roughly the size of a regular office cubicle. The goal is to provide consumers with a private environment where they may work even while they are outside of their office.

They’re also known as Telecubes in Japan, and you may see them in hotels, structures, and even convenience stores. Telecubes offer a practical and reasonable area to complete tasks, whether for work or personal matters.

Recording & Band Rehearsal Studio

Services like this provide you with the location and equipment to practice or record music without any hassle. Customers can walk in or book in advance and find everything set up for their needs. This is ideal for musically inclined entrepreneurs, especially those who already have a hoard of musical instruments they can rent out.

Ride-Sharing Fleet

·        Initial budget:  ₱3,000,000 

With the growing popularity of ride-sharing apps such as Grab and Angkas, ride-sharing vehicles are more in demand than ever. You can take advantage of this trend by buying multiple vehicles and renting them out to drivers who will register to the app on your behalf.

To save money on upfront costs, you can buy secondhand vehicle models from the past 3-5 years. 

The Philippines is a great place to start a small business. With its vibrant culture, diverse landscape, and friendly people, there are many opportunities for entrepreneurs. With a little time, effort, and creativity

What are the top 5 small businesses to start?

The top business for you depends a lot on what situation you are in and what services you can offer. However, in general, 5 of the best small businesses are sari-sari stores, online selling, rental services, coaching services, and crafts business. These are easy businesses to start with less capital and high earning potential.

What business can I start with 50K in the Philippines?

There are plenty of businesses that you can start with ₱50,000 in the Philippines. For example, you can open a car wash business, retail supplies, or start a shop or firm of all kinds.

Which business is best to start for beginners?

For beginners, microbusinesses with small capital needs and low risk are the most ideal business to start, especially if they’re just trying things out for themselves. Examples of this could include things like loading businesses, data entry, chocolate making – and more, depending on their interest.

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Carinderia business plan (with pdf).

• Food & Beverage

A carinderia business may be attractive and seemingly easy to set up: have a stall near your house, few tables and chairs, adequate cooking equipment and utensils and a good cook might be all you need to get started. But it’s actually a tough business to manage with low margins and factors that are hard to control. That is why, just like in any other business venture, careful planning and execution is key to getting the carinderia business off the ground and get started. A misaligned priority or missing out on a key component of the business could easily shut it down. So we came up with this basic business plan for those interested but unsure if carinderia business is the way to go. Just because you like the business does not always mean it’s meant for you. Thorough research and sufficient business support are needed.

Table of Contents

Market research

• Which segments do they belong to (low-wage workers, office workers, housewives, students, drivers, seasonal workers)?
• What is their corresponding buying power?
• Do they tend to be loyal at a specific eatery or can easily be swayed of their choices depending on available food, season, weather, etc?
• Are they encouraged to eat out or can easily switch back to prepared meals if provided with the opportunity?

Existing carinderias in the neighborhood . Identify them and ask yourself and others about them:

• Do they serve a good variety of food for customers ?
• Do they operate 24/7 or only during lunch/dinner or a certain times of the day?
• Do they operate as a legitimate business or behave like an extended table serving home-cooked meals?
• Do they source their materials from sustainable
• Do you or others have a good impression of them in terms of sanitation, food taste, price point, general ambiance, and customer service?
• Do they have generally favorable sentiment from customers?
• What are their advantages and disadvantages?

Urban planning and development. Think about what the neighborhood would look like in the next five to ten years.

• Are there proposed landmark buildings, infrastructure projects, new business establishments, or public projects forthcoming?
• Are there new schools, residential buildings, hospitals, or transport rerouting planned?

Available resources. This is key to sustaining the needs of your carinderia business.

• Are suppliers available nearby and accessible without investing a significant amount of money or time? They include meat, poultry, vegetable, seafood, or fruit dealers.
• Are there cheaper alternatives you can explore such as wholesalers who can give you better deals and stronger business relationships?
• Is it easy to find workers like waiters, dishwashers, cooks, assistants, cleaners, and cashiers who can augment the needs of a growing business?
• Is the power supply stable and does not require you to procure generators in case of a power failure?
• Is the water supply stable and does not require interruptions?
• Do you have existing materials and equipment such as fridges, freezers , or gas stoves that can be used and reduce initial spending to set up the carinderia business?
• Is there an ample disposal area to discard material waste?

Financial ability and literacy.  This is what everyone wants to discuss when planning for the business so this must be very important.

• Will you use your personal savings to invest in the business?
• Do you need to borrow money to finance the business?
• Do you have a credit line to use as a lifeline in procuring necessary materials?
• Do you or a partner have a background in accounting and basic concepts of cash flow?
• Are you familiar with the business licensing, taxes, wages, and benefits that go with the carinderia business?

Hopefully, the list provides a sufficient understanding of how suitable you are to pursue the business. This research is helpful not only for the business but also to prequalify you as a player in the business. Without due diligence and enough market know-how, challenges that would have been anticipated in this initial research stage could emerge down the road and it’s more difficult to back down and make hard choices.

Capital money

Some sources say us included, that a P15,000 investment will be enough to start the business, maybe as a food delivery business instead of a full-fledged carinderia entity. With limited capital money to buy bulk inventory of ingredients, food will be cooked in smaller portions, and orders are delivered to homes instead of accepting dine-in customers. But even before operations can begin, administrative expenses should be considered: barangay permits, rental fees, and so on. Profits will be minimal at around 5% depending on how you source your ingredients or save on costs (more on this later below). Breaking even will depend on your setup. If you are mostly utilizing your own resources such as vacant space in the backyard instead of renting a space in the market or family members helping out instead of hiring an extra hand, a significant amount of your capital expenses can be used for production. This counts utensils, cooking equipment, meat and seafood produce, vegetables, and condiments. Spending your capital money on a formal venue like a market stall may be more expensive but it also signifies your long-term commitment to the business. When the business falters when you find out your backyard does not have enough foot traffic, it’s easy to fold because you are less dependent on external factors. Hiring an experienced cook will help guarantee food quality especially if family members are less skilled or less committed to working for free for the family business. So it doesn’t mean that if you’re investing less in setting up your eatery business, you’ll more likely to succeed. Likewise, if you borrow a huge amount and are heavily invested in a proper venue, you’ll be less likely to prosper.

Carinderia design

The design of your eatery business will ideally evoke the character of your business: friendly and inviting, a place to relieve the cravings of a hungry stomach, and doubles as a place of socialization. Of course, we all imagine great designs as below with fancy design and bright, airy atmosphere. But we also think of practicality and associated costs. We ask ourselves:

• Do our customers stay long enough to marvel at the interiors or do we simply want them to spend half an hour so more customers can come in and eat?
• Do we wish to establish our presence as the talk of the town and generate word of mouth or even get featured in local magazines or TV shows?
• Do we have enough resources to execute our design plan? Money to pay a good interior designer. Materials to put brilliant design ideas into life.
• Are our ideal designs applicable to the neighborhood we wish to operate in terms of practicality such as comfort, ease of access, and efficiency in managing incoming and outgoing customers?

Manpower resources

Managing a carinderia business can range from an all-around cook/dishwasher/accountant/procurement officer to a full team of specialized roles. Depending on the scale of operation and number of customers that can be accommodated at any given time, here are some of those specialty roles: Cook – the heart and soul of the carinderia business. He or she conceptualize which types of food appear on the menu, handpicks the ingredients, slices them accordingly, and does magical things in the kitchen. Whether honed by skills passed on in the family or acquired in a culinary school, the cook’s masterpiece will be significant in customer loyalty and the carinderia’s reputation. Manager – often the owner of the carinderia business, he or she oversees the overall operation of the business. From ushering in customers inside to ensure a steady supply of food choices in the tray, he/she attempts to troubleshoot problems and achieve harmony in the operation. The manager can also dabble into cleaning up tables, assisting the cashier, verifying supplier deliveries, and makes quick resolutions on issues that may arise. Cleaner – this person ensures that the sanitation of the carinderia is in top shape. The cleaner makes quick work of tables and prepares them for the next customer. He or she ensures that leftover soft drinks, plates, and discarded food are away from the eyes of the public as soon as possible and makes prompt disposal of garbage. After operating hours, he or she makes a thorough cleaning of the carinderia: floors, tables and chairs, food shelves, kitchen and cooking area, and lastly, the toilet. Dishwasher – this role extends beyond cleaning dishes and other tableware, glasses, and cooking utensils during business hours. After hours, the role of the dishwasher will transform to that of the cleaner. This separate role manifests the importance of making the tableware clean; a singular presence of blemish can tarnish the reputation of the carinderia. This is especially crucial if the eatery relies on handwashing and without the help of a dishwashing machine. Cashier/Accountant – this person takes charge of the finances of the business. He or she collects customer bill payment, looks at the inventory of materials, analyze which menu items are profitable or loss-making, makes suggestions on the menu from a profit perspective. He or she also looks after the cash flow management and makes tight monitoring of expenses (LPG supply, electricity/water bills, supplier invoices, salary/payroll, and taxes and permits ) against income. Utility person – this person does everything not defined from the above list. This role can assist the above jobs or tasks that are not anticipated in the operation. He or she helps arrange the delivery of meat/veggies of suppliers, replaces broken bulbs or faucets, orders extra rice from other restaurants or condiments from the supermarket if supply is short, or keeps an eye on customers who try to steal items like cutlery.

Keeping carinderia operation costs low

In a business known for razor-thin margins, keeping operational costs low is key. There are expenses that you cannot avoid (permits, raw materials, equipment, and labor), but you can keep them low without resorting to unlawful practices to get the bottom line.

• Location. Rental costs cover a significant amount in a daily expense, so if you can set up in a space you own, that saves up a lot of money. It can be a small space at the beginning, as you start to attract loyal customers and build your carinderia’s brand. You can later move to a more prominent location and expect your loyal customers to follow.
• Labor. Employing family members can help mitigate labor costs, but it’s also important to realize that even if they are not working for free, and must be compensated in some shape or form. Their presence helps minimize expenses that would otherwise go to a skilled and experienced worker, but their lack of know-how can also be detrimental to the carinderia operation. If they lack exposure to the job, family members can fill roles (dishwashing, cleaning) that are not specialized (cooking, accounting).
• Materials. Will you require high-end meat cuts to achieve premium taste or do lower-grade meats still do the job? Will you use ceramic which is more stylish and food safe or plastic plates that are less risky to damage or breakage?
• Buy equipment at second-hand shops, shops winding down, or nearby auction events. This includes fridges, cooking utensils, tables, and chairs. Buying brand-new ones minimize the risk of breakdown, but if you know how to examine the quality of say, a freezer or the safety of a gas stove offered at a second-hand shop, you can save lots of capital money.
• Rent items you don’t need to buy outright. Tables and chairs are classic examples. Once you’ve grown the business, you can replace these with more appropriate dining furniture.
• No freeloaders. Except for family members, do not allow anyone else to dine at the carinderia without paying. You are running a business and not a charity so your decision must be respected.
• Marketing the business. Will you advertise in your local newspaper or promote it on Google My Business? Are you investing in great-tasting food and planning to make each customer the salesperson in a word of mouth advertising? Are you willing to offer discounts to customers for an honest positive review online? Or do you wish to get the attention of influencers promoting your carinderia in their Instagram feed or YouTube channel? There are certainly ways to promote your carinderia without spending top money on traditional advertising media.

Commitment to growth

Starting your carinderia business is the most challenging, just like in any other business. You set up your venue, acquire equipment and tools, human resources and promote your eatery to the public. That’s an investment of so much effort, not to mention your financial input in the process. And that’s even before you transact with your first customers. Sustaining the business is another beast to tame. As you get started, there are adjustments to make as everything is a new experience. But you dismiss these early challenges in the name of committing to growing the carinderia business. Are you willing or prepared to change your lifestyle and make this commitment? Not all carinderia follow the same timeframe as it depends on sourcing ingredients, kitchen manpower, or operation plan but it’s not unusual to observe certain owners expend a lot of energy and sacrifice a tremendous amount of time.

• 2am – Wake up to source the freshest produce as ingredients for the day.
• 4am – Return to the kitchen to process the ingredients — wash, slice, marinate, etc.
• 7am – Prepare the kitchen and its equipment to cook after deciding what is the menu for the day.
• 10am – Open the carinderia for an early brunch menu or early lunch orders
• 11am – Be ready for the rush of customers
• 2pm – Close the carinderia for midday cleanup and preparation for the dinner menu
• 5pm – Open the carinderia for dinner guests
• 9pm – Last dinner orders received
• 10pm – Close of business day, calculation of income, cleanup, etc

There are types of food that are considered can’t miss and often attract the attention of customers. But menu items can only materialize and make more sense if:

• they are easily sourced and profitable, even if they are quite expensive to buy from suppliers
• the typical customers are likely to pick them based on taste or financial power. How much will students, office workers, or tricycle drivers be willing to spend for lunch?
• they align with the timing of your operation. A menu of goto, tapsilog, lugaw or tokwa is good to start the day while preparing the main menu for lunch.

Depending on your market research, you might decide that your carinderia will only serve lunch as it’s the peak time of activity in the area. Maybe folks (students, factory workers, laborers) will likely return home and eat dinner prepared by their families. In that case, you can narrow down options, even though there’s a lot in common between lunch and dinner options for a typical Filipino appetite. Fixed menu or flexible menu? It’s certainly your call as you discern the pattern of your past customers. But it would be great to have a bit of variety (think of specials for the day menu) available to those who wish to explore new options. Or have a certain specialty like lechon or ginisang munggo available on a specific day. This can be a deliberate choice of day or due to the required time to prepare or sourcing of raw materials. We have a list of popular carineria menu but you can consider the following items as well:

• Adobong manok
• Adobong baboy
• Adobong pusit
• Adobong kangkong
• Chicken tinola
• Chicken afritada
• Pork menudo
• Pork sinigang
• Bistek Tagalog
• Inihaw na liempo
• Nilagang baka
• Bicol express
• Pork barbecue

Pick 3-5 main specialties and make sure you have enough rice! This staple food is a Filipino favorite and cost-wise it helps customers get full without spending much. A safe bet would be items that don’t spoil easily. Otherwise, food poisoning and other health issues can easily break your personal reputation and destroy the business. If you think offering unlimited rice (even as an opening week promotion) will attract customers without going in the red, it would be a good marketing approach.

Focus on cleanliness and carinderia hygiene

Many carinderia businesses in the Philippines exist in places that are less desirable for health reasons. Many are located near the road where food and customers are exposed to dust, smoke, and other sources of unpleasant odor. And just because nobody got sick does not mean you are operations are up to prescribed sanitation standards. Operating a clean carinderia will incur extra costs but this will always pay off as customers will appreciate how you take care of their well-being as much as your business bottom line. After all, you are preparing what they’ll eat and that’s a big deal health-wise. Cleanliness is not just about food preparation. It also includes the sanitation process when cleaning plates and cutlery, sourcing of your drinking water, cleanliness of hand towels, and condition of floors, food shelves, and toilets. These are things you not only consider but follow by heart.

• Ensure everyone involved in the carinderia operation has health clearance.
• Maintain cleanliness and safety in your kitchen area. Clean pots, pans and maintain the cooking area in an orderly manner. Wipe the floors to avoid slipping.
• Maintain cleanliness of floors by wiping off dirt and discarded materials as often as possible.
• Keep pets, stray animals away from your kitchen and dining area.
• Make washing of hands a standard procedure and provide appropriate facilities for both workers and customers.
• The kitchen crew must wear proper clothing (apron, gloves, masks, hair nets).
• Servers also need to wear clean clothing.
• Make trash cans available in designated areas.
• Dispose of garbage frequently and in an orderly manner.
• Have sanitizers available in the kitchen and serving area
• Use electric fans or mosquito coils to keep insects like flies and mosquitoes away.
• Make sure all food served is properly covered with lids, aluminum foil, or cling wrap to avoid contamination.
• Sanitize all kitchen utensils, cutting boards, plates, bowls, and pans in hot water and anti-bacterial solution.
• Store food in sealed containers and incorrect temperature settings.
• Do not transact with suppliers with questionable sources or low-quality materials.
• Clean knives, tongs, spatula and wipe them clean before usage to avoid cross-contamination between meats and other ingredients.
• Sterilize utensils and wipe them clean before access to customers
• Use separate serving spoons for every dish.
• Use separate kitchen equipment for cooked and uncooked ingredients.
• Dispose of used oil properly.
• Throw away food or ingredients if you are unsure of its quality.
• Discard items once they are past their expiry dates.
• Make sure you end the carinderia’s business day with a clean kitchen, utensils and cutlery, dining area, toilet.
• The following day, wash all plates, utensils, and cutlery again.

A carinderia business is a business that requires a lot of work and dedication, so it’s suitable for people who value hard work but have little capital money. It requires the full cooperation of staff and commitment to great experience — food service, food quality, great dining experience, and clean surroundings. That builds up over time and your effort and commitment will bear fruits sooner than you expect. Loyal customers will soon sing praises of your carinderia once you have put in a consistent effort to achieve that great dining experience. Good luck from Pinoy Negosyo!

Download PDF – Carinderia Business Plan

• 9 Filipino Dishes Your Carinderia Should Serve
• 7 Reasons Why You Should Open a Carinderia Business
• Basic Guides on Operating a Carinderia / Catering Business
• 5 Stressful Challenges Carinderia Businesses Often Face
• Refrigerator Buying Guide for Pinoy Business Owners

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Why Carinderia Businesses Fail and How You Can Avoid the Same Experience

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• Small Business Ideas in the Philippines (2024) Business Ideas

Laundry Business Plan Philippines (Sample + PDF Template)

By  Yesh Quijano     November 22, 2023       min read

Starting a laundry business can be a profitable venture, allowing you to become a successful entrepreneur in a recession-proof industry. Planning, preparation, and a strong business plan are essential to achieving success in this venture.

Key takeaways

A comprehensive laundry shop business plan in the Philippines must include a detailed market analysis, customer segmentation, and a clear competitive strategy.

Financial projections, funding requirements, and operational milestones are crucial for attracting investors and/or securing a business loan.

Your laundry business plan should offer a unique value proposition and a robust marketing strategy to stand out in the Philippine market.

Table of Contents

Parts of A Business Plan For Laundry Shops

Executive summary.

Whether you are considering a sole proprietorship or another form of business structure, this executive summary will provide you with a clear overview of the key components needed to create a solid foundation for your laundry business.

Here are some parts of a detailed executive summary:

First and foremost, it’s essential to identify your main objective. Are you planning to offer convenient, high-quality services, targeting busy professionals and families? Are you aiming to provide low-cost, efficient services to a diverse clientele? Or are you simply aiming to be the best service provider in your area?

Whatever your focus may be, understanding your target market and their needs will help you tailor your offerings and increase the likelihood of success.

Get a full business plan for your laundry shop for only PHP199 Buy Now

Your facility’s location will play a significant role in attracting your target customers, so choose a site with high foot traffic and easy access to public transportation. Additionally, it’s crucial to invest in durable, energy-efficient equipment to reduce utility expenses and extend the life of your machines.

Pricing Strategy

In a successful laundry business, having a well-thought-out pricing strategy is critical. Assess your target market and the level of competition in your area, then determine a pricing structure that strikes the right balance between affordability and profitability. Offering special promotions and loyalty programs can also help set you apart from the competition.

Marketing Plan

Marketing your business effectively is another crucial aspect of success. Utilize both digital and traditional marketing channels, including social media, local print and radio advertisements, and community events to raise awareness of your brand and services.

Consistently engaging your audience and fostering relationships with target customers will help establish your business as a trusted, go-to laundry service provider.

Standards of Hygiene & Customer Service

Lastly, keep in mind that it’s essential to maintain high standards of cleanliness and customer service. Your staff should be well-trained, friendly, and attentive to your customers’ needs. By providing a pleasant, efficient, and convenient experience, you can foster customer loyalty and build a strong reputation within your community.

Company Overview

Your laundry shop business plan should cover a general description of your brand, its history, and a summary of services. Below is a sample Company Overview:

Who is Labada Luxe’s Clean Laundry Shop?

Labada Luxe’s Clean Laundry Shop is a premier laundry business offering top-notch services to cater to your laundry needs. By choosing to start your own laundry business with Labada Luxe, you’re investing in a proven system and a brand that represents quality and customer satisfaction.

With an unwavering dedication to cleanliness and customer service, you can trust Labada Luxe to provide a reliable, efficient, and professional solution for your laundry requirements.

Labada Luxe Laundry Shop History

The journey of Labada Luxe began with a simple mission: to provide a convenient, affordable, and quality laundry experience. Over the years, the business has expanded and fine-tuned its operations, perfecting the art of managing a successful laundry business.

Today, Labada Luxe Laundry Shop stands as a proud symbol of innovation and customer satisfaction in the laundry industry. Your choice to venture into the world of laundry with Labada Luxe is a decision backed by extensive experience, strong support, and a loyal customer base.

Labada Luxe Laundry Services

Labada Luxe offers a range of laundry services to cater to various customer preferences. The services include:

Wash and Fold: A standard service for everyday laundry needs, ensuring your clothes are clean, fresh, and neatly folded.

Dry Cleaning Services: Treating delicate and specialty garments with extra care to maintain their condition and appearance.

Commercial Laundry: Catering to the needs of businesses and large-scale customers, such as hotels and restaurants, by providing professional-grade laundry services.

With Labada Luxe’s Clean Laundry Shop, your laundry business is backed by a comprehensive range of services, a solid reputation, and a history of success. Embrace the opportunity to be part of an exceptional brand with a bright future.

Industry Analysis

In the laundry shop business, understanding the industry is crucial for creating a successful business plan. As a service provider, you must be knowledgeable about the market, competition, and customer preferences.

Growth Factors

The laundry industry’s growth is driven by various factors, including increased urbanization, busy lifestyles, and the need for convenience. These factors contribute to a higher demand for efficient and professional laundry services.

Technology advancements also play a role in shaping the industry, with new equipment and software solutions emerging to streamline the laundry process.

Services & Service Provider Types

To excel in the laundry business, focus on offering high-quality services that cater to a wide range of clients, such as busy professionals, families, and students. Keep track of industry trends, consumer preferences, and potential opportunities to stay ahead of the competition.

Be aware of the different types of laundry service providers in the market. Some may specialize in particular niches such as eco-friendly cleaning, while others focus on a specific kind of clientele or offer additional services like ironing and folding. Identifying your target audience and tailoring your services will give you a competitive edge.

When it comes to choosing the right equipment for your laundry shop, efficiency and durability are essential factors to consider. Investing in high-quality, energy-efficient washers and dryers, or self-service machines will not only save you money in the long run but also appeal to environmentally conscious customers.

Customer Analysis

Demographic profile of target market.

In developing your laundry business plan, it’s crucial to analyze your target market’s demographic profile. Focus on working professionals, as they typically have a higher disposable income and are more likely to require laundry services due to their busy schedules.

Consider factors such as age, income, and household size in determining your target demographic. For example, younger professionals in their 20s and 30s may have different laundry necessities than those in their 40s and 50s. Additionally, the number of people in a household may affect the volume of laundry generated.

Customer Segmentation

Once you’ve identified your target demographic, segment your customer base to better tailor your services. Here are two groups to consider:

Working Professionals : These individuals have demanding jobs and minimal time to spend on chores like laundry. Offer services that cater to their needs, such as pick-up and delivery options, quick turnaround times, and convenient payment methods.

Families : Although not everyone falls into this category, households with multiple members might require larger capacities for laundry services. Offer family packages, discounts, or promotions to attract this customer segment.

Competitive Analysis

When starting your laundry business, understanding your direct and indirect competitors is essential for success. Analyzing the market will give you insights to shape your own business strategy and differentiate yourself from your competitors.

Direct Competitors

Direct competitors are other laundromats in your area. Begin by researching their services, prices, and unique selling points. Visit their facilities to get a feel for the cleanliness, wait times, and customer interactions, which will help you determine your advantages.

Look for unmet needs in the market that your laundry can address, such as extended opening hours or eco-friendly washers and dryers. To keep track of your competitors, consider creating a table with the following information:

Competitor Services Prices Unique Selling Points Example

Indirect Competitors

Indirect competitors include washing and folding services, dry cleaners, and even charitable organizations that offer laundry services for low-income or homeless individuals. Assess the services they provide and think of ways your business can complement or outshine them.

For example, offer pickup and delivery services for a fee or collaborate with a nearby dry cleaner to provide a one-stop shop for customers.

Building strong competitive advantages over your rivals is of utmost importance. You could differentiate your laundry business by investing in state-of-the-art equipment and technology, such as mobile apps for booking, monitoring machine usage, and making payments.

Additionally, consider offering loyalty programs that reward your customers for choosing your services, or special discounts during off-peak hours to make your business stand out.

Brand & Value Proposition

In starting your laundry business, it’s essential to have a clear brand and a strong value proposition. Your brand should be easily recognizable and reflect the quality of service you provide. A well-defined value proposition sets you apart from competitors and attracts customers.

One effective marketing strategy to establish your brand is to create a logo and use it consistently across various platforms, such as signage, promotional materials, and social media. Additionally, investing in professional photography can greatly enhance the visual appeal of your promotional content.

Focus on promoting your unique selling points, such as competitive pricing, fast turnaround times, eco-friendly practices, delivery, or superior customer service. This will ensure that your target audience appreciates the distinct benefits of choosing your laundry business.

Promotions Strategy

To expand your reach and attract customers, consider implementing various marketing strategies. A combination of online and offline promotions can maximize the impact of your efforts.

Here are a few marketing strategy ideas to consider:

Develop a user-friendly website to showcase your services and facilitate easy booking for patrons.

Utilize social media platforms, such as Facebook and Instagram, to reach your target audience and share updates and special offers.

Offer incentives like discounts and referral programs to encourage customer loyalty and word-of-mouth advertising.

In addition to online marketing , don’t forget traditional offline methods. Running a major newspaper ad campaign, for example, is a powerful way to reach a local audience. Depending on your target market, you might also consider:

Distributing flyers and brochures in high-traffic areas.

Partnering with local businesses and residential complexes to offer special deals and increase your visibility.

Sponsoring community events to strengthen your brand’s presence and connect with potential customers.

Operations Plan

Operation functions.

Your laundry business’s success will be based on a well-defined Operations Plan . As you create your plan, focus on the business model you’ll be following. Laundromats require less manpower but may need frequent maintenance checks.

To effectively run a self-service laundromat, prioritize these operations functions:

Location selection: Find an ideal place near residential areas or places with high foot traffic. Ensure the location provides an enjoyable atmosphere.

Equipment and maintenance: Invest in high-quality machines and ensure they operate smoothly.

Hygiene and safety: Regularly clean the premises and establish health and safety protocols.

Workforce: Hire competent and laundry attendants.

Set achievable milestones to help your laundry business grow:

Research phase: Understand the market, competition, and potential customers.

Business setup: Create your business plan, secure funding, and select the location.

Procurement and installation: Buy and install the laundry equipment.

Promotion and opening: Plan a grand opening event and promote your business through various channels.

Financial Plan

As you start your laundry business, it’s important to have a solid financial plan. This will not only set you up for success but also help you make informed decisions as you navigate the journey of entrepreneurship.

Key Revenue & Costs

Your main source of revenue will be from your laundry services. This can be broken down into various categories, such as:

Washing and drying : Charging customers for the use of your machines.

Pick-up and delivery : Offering convenient options for busy customers.

Additional services : Ironing, folding, and dry-cleaning.

Your business expenses can be categorized as follows:

Startup costs : These include licensing, permits, and equipment purchases.

Operational costs : Rent, utilities, and payroll for employees.

Maintenance and repair : Keeping your machines in top condition is crucial to the success of your business.

Consider conducting market research to determine the best pricing strategy for your services, keeping in mind your competition and target market.

Budget Requirements and Use of Funds

When starting your laundry business, it’s vital to determine how much funding you’ll need. Break down your use of funds into categories like equipment, renovations, and working capital. This will help you determine how much of your own capital you require, and whether a business loan or investment might be necessary.

Financial Projections

Create a detailed financial forecast for the first few years of your business. This should include monthly projections for revenue, expenses, and profits. Your financial projections will serve as a roadmap for reaching your goals and can be adjusted as your business evolves.

Income Statement

Prepare an income statement outlining your expected revenues, cost of goods sold (COGS), gross profit, and operating expenses. This will allow you to track the profitability of your business and make informed decisions regarding expansion or cost control.

Balance Sheet

A balance sheet is essential for tracking the assets, liabilities, and owner’s equity of your business. By regularly updating your balance sheet, you’ll have a clear understanding of your business’s financial position and can make necessary adjustments as needed.

Cash Flow Statement

Your cash flow statement will detail all cash inflows and outflows, helping you monitor your business’s liquidity. This is crucial for ensuring you have enough funds to cover operating expenses and any unexpected costs.

Laundry Business Plan FAQs

What is a laundry business plan.

A laundromat business plan is a comprehensive document that outlines your goals, strategies, financial projections, and action plans for starting and operating a successful laundry service. This document serves as a roadmap, guiding you through each decision and providing a clear understanding of your enterprise model.

Crafting a well-thought-out plan helps you identify potential challenges and opportunities, ensuring a more efficient use of resources and a higher likelihood of success.

What are the Main Types of Laundry Businesses?

There are several types of laundry businesses that you can consider for your venture:

Self-service laundromats: Customers use coin-operated machines to wash and dry their own laundry.

Full-service laundries: You offer washing, drying, and folding services on behalf of your customers, often charging per pound or load.

Dry cleaners: These businesses focus on cleaning delicate fabrics and garments using specialized cleaning methods and chemicals.

Mobile laundry services: Customers schedule pickups and deliveries through an online platform or phone, and you provide convenient services by collecting, washing, and returning their laundry.

How Do You Get Funding for Your Laundry Business Plan?

To secure funding for your laundry business, you will need to present a solid business plan that demonstrates the viability and potential profitability of your venture. Potential funding sources include:

Personal savings: Using your own money can be the fastest and easiest option.

Bank loans: Apply for a loan from a bank or credit union. Be prepared to provide detailed financial statements and a strong credit history.

Investors: Seek out individuals or firms that may be interested in investing in your business in exchange for equity or debt.

What are the Steps To Start a Laundry Business?

We have a full guide here on how to start your own laundry service. Or you can visit our laundry shop category for more information.

Where can I get a Laundry Business Plan PDF Template?

Want to have your own business plan? We offer affordable business plan templates for laundry services! Check out this link to get your own laundromat business plan template for only PHP199.

About the author 

Yesh Quijano

Yesh Quijano is an entrepreneur and digital marketer who's been in the game for over 11 years. He started several businesses and helped countless others reach new heights. His goal is to make digital marketing for SMEs simple, accessible, and effective. When he's not working, you can find him cuddling with his two cats.

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20 Most Common Small Businesses Philippines

Most Common Small Businesses In The Philippines: Our research found the top 20 most common small businesses in the Philippines. In today’s article, we’ll explore our research as we look into examples of small and medium enterprises in the Philippines and also cover a full list of common small businesses in the Philippines.

Table of Contents

Most Common Small Businesses In The Philippines

Food cart businesses.

Recently we discovered how much you would make on  YouTube if you had a million views!  YouTube is one of the Philippines’  most popular  websites and apps, so it’s no surprise that many are turning this popular platform into a profitable business. The great thing about YouTube is that there are several ways to grow a business outside of advertisement, which opens up many possibilities.

Dropshipping Business Owner

Over the years, drop shipping has become more popular than ever in the Philippines. Thanks to websites such as Alibaba, AliExpress, Lazada, Shopee, Amazon, and so on, starting a dropshipping business in the Philippines is now much easier. Please take a look at our full guide on how to start a dropshipping business in the Philippines or how to find suppliers for more information.

Café & Coffee Shop

During our research, we found an explosive demand for coffee across the country over recent years. The forecast looks very promising for the coffee industry, and different coffee themes and innovations around coffee have been increasing in recent years.

Competition is challenging. However, this is something to consider when looking at the most common small businesses in the Philippines.

Surprisingly, a load business in the Philippines is one of the cheapest businesses to start, which may be why it is one of the most common businesses in the Philippines. However, if you choose the right location and have a great business model, you can start this business for only a few thousand pesos!

Electronic Repair Business

Another industry booming in the Philippine s in recent years is the technology industry. The latest statistics show that we are spending more money on technology. Repairs are essential to our devices, increasing the demand for this type of business. Some businesses specialize in laptops, phones, or tablets, but others are general repair businesses.

Is blogging a good idea in the Philippines? This question is one of the most popular, and the answer to this question is yes. Blogging is very similar to YouTube . In other words, there is a learning curve, but a small website can be turned into a full-time income after time. Please take a look at how you can start your very own blog in our full guide.

Sari-Sari Businesses

These family-run and independent businesses have been very popular for several years and are definitely in the top 20 most common small businesses in the Philippines. Therefore , most websites that talk about a full list of small businesses in the Philippines will mention the sari-sari business as it can work very well in the right locations.

Franchising Business Models

One of the big advantages of franchising in the Philippines is that a lot of the work has been taken care of ( such as branding ). Due to the convenience of franchising, this business is one of the most common small and medium businesses in the Philippines. However, big franchising business options also exist, such as Jollibee and 7/11.

Online Selling / Ecommerce

Online selling is one of the most popular industries in the Philippines, and online selling can be started effortlessly. This business type is a perfect example of a small business in the Philippines that can be started at home, offering many advantages in today’s modern world. but next, let’s take a look at a more traditional business…

Street / Market Vendors

Ukay-ukay / preloved businesses.

Recently we spoke about pre-loved items and how you can make money from selling old clothes. A very common business in this industry is starting an Ukay-Ukay store . Even though these small and medium-sized enterprises in the Philippines have been popular recently, many are now moving onto the online market compared to more traditional options.

Fitness-Related Businesses

Obesity and health are big concerns for many citizens, resulting in several types of fitness-related businesses springing up. This can include a gym or a yoga studio, or it could include supplement products. This option is not a specific business idea but a mixture of different businesses that have become very popular and common in the Philippines.

Are You Looking For The Best Business Ideas With 10K, 50K, 100K, And More? Best Small Business Ideas In The Philippines

Home-Based Businesses

English teaching.

Have you ever thought about being an online teacher? It seems that many Filipinos have as this is one of the most common and popular types of business in the Philippines. Some choose to set up their own business, while others choose to work for a company. Over the years, there has been a rise in demand for Filipino teachers from countries such as China and Japan.

Freelance Businesses

If you are thinking about becoming a freelancer in the Philippines, you may wish to check out our full guide on freelancing opportunities on Fiver. Freelancing is now one of the most common types of businesses in the Philippines, which can include freelance writing, freelance modeling, freelance photography, and much more.

Rice Retail Business

Farming and agriculture business.

Interestingly in the Philippines, the country’s main crops are corn, coconuts, bananas, coffee, and even tobacco. However, there are also several other popular crops. Some are sold domestically, while others are sold internationally through exports which opens up a different type of popular business in the Philippines – exporting.

Business Process Outsourcing

In recent years, outsourcing call centers have been the most popular business in the Philippines. This is a classic example of small to medium-sized businesses in the Philippines, and it is in the top 20 most common small businesses in the Philippines. If you’re interested in earning money from a call center, you can take a look at our full guide on how you can begin the process.

Service Businesses

Services of all kinds are incredibly popular in the Philippines, and many businesses are 100% service based. Common services can include accounting and bookkeeping, which we looked into in our full guide a few weeks ago. Services are more common in some areas than others, and this is 1 consideration when investigating what business to start in the Philippines as a beginner.

More Business Growth & Info Guides

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Start and Grow Your Business

Start your business.

The Micro, Small, and Medium Enterprise Development (MSMED) Plan was developed in consultation with national, regional, and provincial stakeholders. A participatory approach was adopted involving a series of stakeholder consultation, validation, and recalibration workshops participated in by representatives from the private sector, local government units (LGUs), national government agencies (NGAs), the academe, and civil society.

The MSMED Plan has four major outcome or result portfolios, namely Business Environment (BE), Access to Finance (A2F), Access to Markets (A2M), and Productivity and Efficiency (P&E). It will also take into consideration global themes and cross-cutting issues related to gender, climate change, corporate social responsibility, and migration.

Barangay Micro-Business Enterprises (BMBEs) can now register their businesses, free of charge, at the Department of Trade and Industry (DTI) through the agency’s Negosyo Centers .

Registered BMBEs can avail of government incentives that include exemption from the payment of income tax for income arising from the operation of the enterprise, exemption from the coverage of the minimum wage law, special credit window of government financing institutions that will service the needs of BMBEs, as well as technology and marketing assistance.

Under Republic Act No. 9178 or the BMBEs Act of 2002 , a BMBE is referred to as any business entity or enterprises engaged in the production, processing or manufacturing of products or commodities, including agro-processing, trading, and services whose total assets, excluding land, shall not be more than P3 million. Such assets shall include those arising from loans but not the land on which the plant and equipment are located.

The DTI issued Department Administrative Order (DAO) No. 16-01 last April 22, 2016 which provides guidelines on registering BMBEs at Negosyo Centers. Under DAO 16-01, DTI is the sole agency which shall issue a Certificate of Authority (CA) to registered BMBEs at Negosyo Centers or at DTI offices where Negosyo Centers have not been set up.

BMBEs register at the Office of the Treasurer of the city or municipality where the business is located.

Republic Act 9178 or the BMBE Act of 2002 recognizes the role of BMBEs as an essential driving force for the country’s economic development. According to the law, BMBEs are “seedbeds of Filipino entrepreneurial talents and strengthening them would increase job generation, provide livelihood and augment Filipinos’ quality of life.”

Download the BMBE Application Form .

Below are downloadable files that are useful in starting a business:

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DTI – PCAARRD Business Guides

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Business Information

The primary value of your business plan is to create a written outline that evaluates all aspects of the economic viability of your business venture including a description and analysis of your business prospects.

A business plan is an essential step for any prudent entrepreneur to take, regardless of the size of the business. This step is too often skipped, but we make it easy for you by providing a format to build your plan as you progress through this course.

Business plans can vary enormously. Libraries and bookstores have books devoted to business plan formats. But this is a place to start. You can then go on from here to design one that would be ideal for your particular enterprise.

Why prepare a business plan?

Your business plan is going to be useful in a number of ways. Here are some of the reasons not to skip this valuable tool:

• First and foremost, it will define and focus your objective using appropriate information and analysis.
• You can use it as a selling tool in dealing with important relationships (lenders, investors, and banks).
• You can use the plan to solicit opinions and advice from people, including those in your intended field of business, who will freely give you invaluable advice. Too often, entrepreneurs forge ahead without the benefit of input from experts who could save them a great deal of wear and tear.
• Your business plan can uncover omissions and/or weaknesses in your planning process.
• Place some reasonable limits on long-term, future projections. Long-term means over one year. Better to stick with short-term objectives and modify the plan as your business progresses. Too often, long-range planning becomes meaningless because the reality of your business can be different from your initial concept.
• Avoid optimism. In fact, to offset optimism, be extremely conservative in predicting capital requirements, timelines, sales, and profits. Few business plans correctly anticipate how much money and time will be required.
• Do not ignore spelling out what your strategies will be in the event of business adversities.
• Use simple language in explaining the issues. Make it easy to read and understand.
• Do not depend entirely on the uniqueness of your business or even a patented invention. Success comes to those who start businesses with great economics and not necessarily great inventions.

Here are some suggested topics you can tailor into your plan:

• A vision statement. This will be a concise outline of what your business purpose and goals will be.
• The people. By far the most important ingredient for your success will be yourself. Focus on how your prior experiences will be applicable to your new business. Prepare a resume of yourself and one for each person who will be involved with you in starting the business. Be factual and avoid hype. This part of your business plan will be read very carefully by those with whom you will be having relationships, including lenders, investors and vendors. Templates for preparing resumes are available in your library, bookstores and the Internet under “resumes.”
• However, you cannot be someone that you are not. If you lack the ability to perform a key function, include this in your business plan. For example, if you lack the ability to train staff, include an explanation how you will compensate for this deficiency. You could add a partner to your plan or plan to hire key people who will provide skills you do not have. Include biographies of all your intended management.
• Your business profile. Define and describe your intended business and exactly how you plan to go about it. Try to stay focused on the specialized market you intend to serve.
• Economic assessment. Provide a complete assessment of the economic environment in which your business will become a part. Explain how your business will be appropriate for the regulatory agencies and demographics with which you will be dealing. If appropriate, provide demographic studies and traffic flow data normally available from local planning departments.
• Cash flow assessment. Include a one-year cash flow that will incorporate your capital requirements. Include your assessment of what could go wrong and how you would plan to handle problems. Include your marketing plan and expansion plans and refer to helpful government websites such as the Small Business Administration.
• Write out your basic business concept.
• Gather all the data you can on the feasibility and the specifics of your business concept.
• Focus and refine your concept based on the data you have compiled.
• Outline the specifics of your business. Using a “What, where, why, how” approach might be useful.
• Put your plan into a compelling form so that it will not only give you insights and focus but, at the same time, will become a valuable tool in dealing with business relationships that will be very important to you.
• Review the sample plans we furnish and download the blank format to a MS Word document. Fill this in as you progress though the course.
• A sound business concept. The single most common mistake made by entrepreneurs is not picking the right business to begin with. The best way to learn about your prospective business is to work for someone else in that business before beginning your own. There can be a huge gap between your concept of a fine business and reality.
• Understanding your market. A good way to test your understanding is to test market your product or service before your start. You think you have a great kite that will capture the imagination of kite fliers throughout the world? Then hand-make some of them and try selling them first.
• A healthy, growing and stable industry. Remember that some of the great inventions of all time, like airplanes and cars, did not result in economic benefit for many of those who tried to exploit these great advances. For example, the cumulative earnings of all airlines since Wilber Wright flew that first plane are less than zero. (Airline losses have been greater than their profits.) Success comes to those who find businesses with great economics and not necessarily great inventions or advances to mankind.
• Capable management. Look for people who you like and admire, have good ethical values, have complementary skills and are smarter than you. Plan to hire people who have the skills that you lack. Define your unique ability and seek out others who turn your weaknesses into strengths.
• Solid financial control. You will learn later the importance of becoming qualified in accounting, computer software and cash flow management. Most entrepreneurs do not come from accounting backgrounds and must go back to school to learn these skills. Would you bet your savings in a game where you do not know how to keep score? People mistakenly do it in business all the time.
• A consistent business focus. If you think of specific products or services you will find that specialists will outperform non-specialists. Zero in on something you can do so well that you will not be subject to competing with someone with a lower price.

Department of Trade and Industry

It is necessary to register your business with this agency in order to gain the exclusive rights to use your business name. Single proprietors are required to register. Businesses can be registered at any DTI Regional or Provincial office. The directory of DTI Regional and Provincial offices may be viewed in the Contact Us page.

Securities and Exchange Commission (SEC)

Register at: Head Office: Secretariat Building, PICC Complex, Roxas Boulevard, Pasay City, 1307 Trunkline No.: (+632) 8818-0921 Email: [email protected] Website: www.sec.gov.ph  (for online registration)

Cooperative Development Authority (CDA)

All cooperatives are required to register with the CDA as per Republic Act 6938/6939.

Register at:

Local Government

All businesses, whatever the legal form, are required to secure a mayor’s permit or municipal license from the city or municipality where they are located. Permits or licenses are required to ensure that the standards are met and that business complies with the specific requirements of the business locale. Registration procedure varies across cities and municipalities. To view the list of local government units (LGUs), please visit the Department of Interior and Local Government website or https://dilg.gov.ph/ .

Every business enterprise has to register with the BIR for taxation purposes. The Bureau will furnish your business with its own tax identification number (TIN) and the authority to print receipt, invoices, and others.

Social Security System (SSS) 

An employer, or any person who uses the services of another person in business, trade, industry, or any undertaking must be registered with the SSS.

Business establishments with five or more employees are encouraged to register with the DOLE for the purpose of monitoring the firms’ compliance with labor regulations.  Registration is required for firms with 50 or more workers. The Bureau of Local Employment administers the registration of establishments.

Other Agencies

Depending on the type of products, certain companies are required by law to register with other government agencies.  The following is a list of regulatory bodies:

DTI-Intellectual Property Office

The PTTC designs and develops training curricula and corresponding instructional materials and conducts training programs for micro, small, and medium enterprises (MSMEs), business support organizations, and the government sector. It provides post-training advisory and counseling services; customized in-company/firm-level training programs and services; a venue for MSMEs and large enterprises to promote their products by marketing, renting out and maintaining exhibition facilities; and events management support.

Programs and Services: Training Programs

1. Entrepreneurship Development A. Business Start-Up Briefings

• How to Start a Business
• BEST Game Workshop
• Understanding Patents, Trademarks and Copyrights
• Financing Facilities for MSMEs
• Business Opportunities in Franchising
• Finding the Right Market for the Right Product
• Putting Your Business Online
• Exporting Made e-Z

B.    Quality and Productivity Improvement Briefings

• Corporate Culture: Filipino Values in the Workplace
• Food Safety
• Kaizen Philosophy
• 5S of Good Housekeeping
• Cleaner Production
• Waste Minimization

2.    Business Capability Building

A.    Business Management Seminars

• Strategic Marketing
• Effective Selling Skills
• Developing an Effective Purchasing Systems
• Supply Chain Management
• Business Plan Preparation
• Effective Market Research
• Developing an Effective Financial Plan
• Market Intelligence: How to Compete Effectively
• Logistics Management
• Basic Business Recording and Cash Flow Management
• How to Participate in Trade Fairs
• Dynamic Negotiation Skills
• Effective Customer Service
• Improving Business Key Accounts Selling
• Setting Up an Effective Customer Payment System for Your Business
• Customer Relations Management

B.    Export Management Seminars

• Expanding Business Through Exports
• Import Procedures and Documentation
• Product Costing and Pricing
• Understanding Customs Valuation
• Market Opportunities (Selected Countries)

C.    IT and Webpage Development Seminars

• Basic MS Word
• Basic/Advanced MS Excel
• Basic/Advanced MS Powerpoint
• Build Your Own Website
• Open Office
• Basic Webpage Development Using Dreamweaver MX
• Web Graphics Design and Production Using Adobe Photoshop
• Webpage Development: Creating Interactive Content and Animation using
• Webpage Development: Creating Interactive Content Using Macromedia Fireworks
• Webpage Development: Advanced Dreamweaver MX
• Basic Printed Advertisement Design Using Pagemaker

D. Business Language Seminars

• Japanese Business Language
• Let Your English Work at Work
• Chinese Mandarin Business Language

3.    Quality and Productivity

A.    General Seminars

• Materials Management and Inventory Control
• Production and Operations Management
• Effective Leadership Skills
• Failure Mode and Effect Analysis
• Problem-Solving and Decision-Making Techniques
• An Introduction to Ergonomics
• Supervisory Effectiveness for Improved Quality and Productivity
• How to Become an Effective Quality Management Representative
• Process Optimization through the Design of Experiments
• Time and Motion Study
• Total Quality Management
• Work Improvement Tools
• Lean Manufacturing
• Statistical Process Control

B.    International Standards Seminars

• ISO 9000 Quality Management System
• ISO 9000 Quality Management System Documentation
• Internal Quality Audit
• ISO/IEC 17025 Standard for Laboratory Competence
• ISO/IEC 17025 Laboratory Internal Audit
• ISO 1400 Environmental Management System
• ISO 1400 Documentation

C.    Food Seminars

• Current Good Manufacturing Practices (CGMP)
• Food Packaging and Labeling
• Packaging as a Marketing Tool
• Awareness on Hazard Analysis Critical Control Points (HACCP)
• Documentation of Hazard Analysis Critical Control Points
• HACCP Auditors’ Course

Training and Exhibition Facilities

• Comprises a computer lecture room with 36 desktop computers for small or big training programs on IT and webpage development and other computer-related courses;
• Comprises a seminar room that can accommodate up to 100 participants;
• Comprises an Internet Plaza with 28 desktop computers that provides free use of the Internet and MS Office tools for seminar participants, trade fair exhibitors and visitors, MSME clients and the general public, including students. A minimal fee is charged for printing and scanning services;
• The entire IAC facility has two scanners, three 4-in-1 multicopier machines (fax, phone, scanner and printer), one copier machine, two LCD projectors, two audio mixers and microphone units.
• WTO Reference Center
• Comprises selected CD-ROMs and print publications on the World Trade Organization (WTO) and other WTO-related publications by the International Trade Center (ITC).
• Comprises one desktop computer containing WTO electronic publications and databases.
• Basic Amenities for Seminar Rooms and Exhibition Halls •    General overhead lighting •    Standby generator sets for general lighting and outlets
• Basic Amenities for Halls •    Public address system •    Podium, flag and outdoor flagpoles •    Opening ceremony reception area •    Use of show window
• Specific Amenities for Rooms •    LCD Projector (with separate rental fee) or OHP and screen •    Desktop or Notebook computer (with separate rental fee) •    Audio system with microphone •    TV monitor and VHS/DVD player

GROW YOUR BUSINESS

Now that you have started your own business and want to expand it, this section provides you with information on how to do it.

Download the handbook.

The Philippine Deposit Insurance Corporation (PDIC) Guidebook on Basic Banking and Financial Transactions ( Usapang Pera: Mga Dapat Alamin ), serves as an easy-to-read reference guide and a financial literacy tool for everyone for understanding banking products and transactions. The basic principles of money, saving, banking investments, and deposit insurance are discussed to guide the Filipino in making well-informed and effective financial decisions. This Guidebook is intended to help the depositor discern differences in risks and return on various banking products.

This guidebook is a publication of the PDIC which serves as a functional memento for its 50 years of service in deposit insurance, depositor protection and its role in the maintenance of financial stability.

To download a copy of the handbook, visit the website of PDIC .

The Intellectual Property Office of the Philippines (IPOPHIL) draws its mandate from Republic Act (RA) No. 8293, otherwise known as the Intellectual Property Code of the Philippines, which took effect on 01 January 1998.

• Examine applications for grant of letters patent for inventions and registers utility models and industrial designs.
• Examine applications for the registration of marks, geographic indications, and integrated circuits.
• Register technology transfer arrangements and settle disputes involving technology transfer payments covered by the provisions of Part II, Chapter IX on Voluntary Licensing, and develop and implement strategies to promote and facilitate technology transfer.
• Promotes the use of patent information as a tool for technology development.
• Publish regularly in its own publication the patents, marks, utility models and industrial designs, issued and approved, and the technology transfer arrangements registered.
• Adjudicate inter parties and administrative cases on violations of IP rights.
• Coordinate with other government agencies and the private sector efforts to formulate and implement plans and policies to strengthen the protection of IP rights in the country.
• Information Dissemination  – Develops and organizes information dissemination programs that specifically address the level of understanding of micro, small, and medium enterprises (MSMEs) with the objective of assisting them reach the highest potential use of their IP rights
• SME Advisory Desk  – Provides a more focused advisory and technical assistance to MSMEs
• MSME Seminars
• Making Your IP Your Most Valuable Business Asset
• The Role of the IP System in Economic and Technological Development
• Catapult Your Business Growth Through Intellectual Property
• Making IP an Active Partner in Your Business
• Strategies for Commercializing and Marketing IP Assets
• Use of Information by MSMEs
• Technology Information Brokering and Matching (TIBM) for SMEs
• Envisions to contribute significantly towards upgrading the competitiveness of the country’s MSMEs through the provision of a more focused and market-oriented technology information and other services
• Promotes, establishes, and enhances business linkages between prospective users of technology, the MSMEs, and the suppliers of technology like the inventors, patent holders, technical institutions, and the like
• Facilitates a pro-active, cost-effective technology information brokering and matching services for SMEs through the following activities:
• Assessing and determining the technology information needs of the MSMEs
• Sourcing and packaging the technology information needs by the MSMEs
• Disseminating the required information to the prospective users
• Facilitating the “encounter” and negotiation between the users and the suppliers of technology
• Packaging relevant documents like contracts, business plans, or feasibility studies for the clients
• Training Opportunities – extends training opportunities for MSMEs, not only in the Philippines, but also in other countries
• Two-Tiered Fee Structure –  50-% reduction in the fees assessed by IP Philippines
• For a small entity – Any natural or juridical person whose assets amount to P20M pesos or less
• Any entity, agency, office, bureau, or unit of the Philippine government including government-owned or/ controlled corporations (GOCCs), state universities and colleges (SUCs), and government owned or government-run schools.

IP Philippines Website for more information.

The Bureau of Philippine Standards (BPS), as the National Standards Body of the Philippines, develops, promulgates, implements, and coordinates standardization activities in the Philippines as prescribed in Republic Act (RA) No. 4109 or the Standards Law and RA 7394 or the Consumer Act of the Philippines.

Programs and Services: 1. Standards Development

• Develops, reviews, and updates Philippine National Standards (PNS) for products and services
• Harmonizes PNS with international standards
• Promotes standards and standardization and conformity assessment activities
• Conducts awareness sessions, training programs, fora, exhibits, trade fairs, and seminars
• Establishes network with trade associations, industry organizations, academe, and other government agencies to facilitate communication with regards to the implementation of standards
• Conducts regular market monitoring and enforcement operations nationwide
• Acts on consumer complaints/reports
• Holds seminars for the manufacturers, importers, traders, wholesalers, distributors, and retailers on their responsibilities to the buying public
• Offers third-party testing of products through its BPS Testing Center
• Performs electrical, chemical, and mechanical testing of products primarily to support the BPS Product Certification Scheme
• Issues the Philippine Standards (PS) License and the Import Commodity Clearance (ICC) to manufacturers and importers, respectively, that complies with the safety and quality requirements of a specific standard
• Supervises the National Registration Scheme for Quality Management System (QMS) and Environmental Management System
• Updates assessors on matters concerning international quality and environmental standards
• Offers Library services/Standards Data Center
• Receives inquiries and fills orders for copies of local, foreign and international standards, catalogues, standards-related publications, and metrication materials
• Assists exporters in identifying and obtaining overseas standards and regulatory and testing requirements that are affecting their products

9. International Services

• Performs and oversees activities concerned with regional and international affairs of the BPS particularly on the development of memorandum of understanding (MOU) and mutual recognition arrangements (MRA) in a bilateral and multilateral level
• Awards certificates of accreditation to management system certification bodies that issue Certificates of ISO 9001 or QMS, ISO 14001/Environmental Management System (EMS), and Hazard Analysis Critical Control Point (HACCP)
• Accredits testing and calibration laboratories through the BPS Laboratory Accreditation Scheme (BPSLAS)

12. Training

• Extends technical assistance through seminars and training programs both for the government and private sectors

Bureau of Domestic Trade Promotion (BDTP) sells publications, which are source of information and guide for manufacturers and exporters looking for local suppliers. It is also useful for those looking for partnerships, subcontracting, distributorship, and other business cooperation arrangements.

• Supermarket
• Office and School Supplies Store
• Department Store
• Hotel and Resort
• Fastfood and Restaurant Chain
• Subcontractor
• Paano Maging Certified Food Supplier?
• Paano Magbenta ng Produkto o Serbisyo?
• Paano Maging Halal Certified Food Supplier?
• First publication covers sources in Metro Manila and was published in 2005.
• Second edition covers suppliers of Mindanao food sectors and was published in 2008.
• Third publication covers sources in South Luzon to be published in 2009.
• Published in 2005 – The Philippine Raw Materials Catalogue:  Wearable, Gifts and Holiday Décor volume features a variety of indigenous raw materials used in wearable, gifts and holiday decors such as bamboo, bast fiber, climbing ferns, reeds, herbs, erect palms, climbing palms (rattan), sedges and rushes, screw pines (pandan), woody pines, leather, seashells, beads and components.
• Published in 2006 – The Philippine Raw Materials Catalogue: Furniture, Furnishings, and Loomweaving volume features raw materials used in the furniture, furnishings and loomweaving industries such as rushes, grasses, woody vines, screwpines, erect palms, bamboo, tree plantation species, fibers, fossilized/skeletonized leaves, and butterfly.
• Published in 2007 – The Philippine Raw Materials Catalogue: Beads, Carabao Horns and Bones, and Seashells volume features the uses of beads, carabao horns and bones, and seashells in manufacturing Philippine products.
• Published in 2008 – The Philippine Raw Materials Catalogue: Manila Palm, Banana, Corn, Coconut, Fish Scale, Recycled, Tahong, Water Hyacinth, and Sabutan
• Agricultural products
• Automotive parts and accessories
• Chamber of Commerce
• Chemical and chemical products
• Construction
• Fashion accessories
• Fresh and processed foods
• Furniture and furnishings
• Gifts, toys and housewares
• Hotel and restaurants
• Info-tech and electrical products and services
• Metal products
• Non-metal products
• Paper products
• Pharmaceuticals
• Resource based products
• Others not elsewhere classified

Philippine Food Product Catalogue (available in print and CD installer) features 111 Philippine manufacturers/exporters offering a wide array of products in the following food sectors:

• Snack foods
• Baked products
• Processed fruits and vegetables
• Wines and beverages
• Sauces and condiments
• Processed meat products
• Frozen/processed marine products
• Organic and natural products
• Other food products

The Design Center of the Philippines (DCP) promotes design as a tool for improving the quality and competitiveness of Philippine products. It services the design needs and requirements of SMEs.

Programs and Services:

• Product Design and Development. Design, development, or improvement of products and labels responsive to market needs and requirements and manufacturer’s production capabilities
• Design Research. Acquisition and dissemination of relevant design and market data and conduct of applied research projects to support product development activities of both designer and industry
• Design Promotion. Increases awareness and appreciation of design and its use through exhibitions, seminars, dialogues, and publications.
• Product Design. Design of a new product, product adaptation, product diversification, or expansion of existing product or product line
• Technology Updating Workshops. Hands-on learning and application of skills on techniques such as finishing to complement product development activities
• Design and Technical Information. Information dissemination activities such as seminars on product development, design trends, and related topics
• Library. Access to design and related information from local and foreign sources for designers and industry.
• Machinery and equipment;
• Raw materials procurement;
• Product research development and quality control;
• Storage/warehousing;
• Trade consolidation and provision of display centers;
• Business incubation services;
• Skills training; and
• Other services.

Particularly, this directory contains the name of the facility, its location, the name of its owner/contact person, the services offered, equipment provided by the facility, and sectors serviced.

Download the  2006 Directory of Common Service Facilities Handbook .

Visit the DCP Website for more information .

Programs and Services

1. Frontline Services

• The Trade Information and Assistance Group through the Export Trade Facilitation Division, serves as the customer/exporter relations personnel of the BETP for all export trade-related inquiries. This frontline team provides real, immediate, and substantial assistance to existing and potential exporters.
• Export Assistance Network (EXPONET). To minimize the uncertainties of getting started in the export business, the EXPONET provides assistance on all export-related matters including export procedures and documentation, trade complaints, and others.
• Business Matching Center. Foreign buyers and local exporters find commonality through this special information service. The center receives inquiries regularly and directly from international importers and the Philippine Foreign Trade Posts abroad. These inquiries are made available to legitimate local exporters for free.
• On-Line Trade Information System. Tradeline Philippines provides trade information through an interactive on-line system. Among other things, this unique service contains export and import statistics, exporters’ directory, product and market profiles, and other valuable industry links.
• International Trade Resource Center.  A wealth of trade information is available in this specialized library. Ideal for businesspeople and the academe, the center holds a comprehensive collection of printed and electronic materials such as books and journals on international trade with emphasis on product and market information.
• Communications Division. BETP clients, particularly members of Business Selling Missions for dispatch to various target markets, may seek the creative and technical assistance of this group for the preparation of promotional materials in print or electronic format. Also available for sale are copies of the Exporters Manual and Handy Guide to Export.
• Export Trade Complaints Committee. Should disputes arise between local suppliers/exporters and foreign buyers, complaint cases may be filed with the BETP through the Export Trade Complaints Committee. BETP has a pool of personnel who trained with the Makati Regional Trial Court and the Supreme Court of the Philippines to mediate on export-related complaints.
• Market Consultancy. Through the Market Strategy and Consultancy Group, exporters who intend to penetrate specific markets such as the Americas, Europe, Association of Southeast Asian Nations (ASEAN), Asia, Australia, and the Middle East may seek the expertise of Country Desk Officers. These officers assist in formulating marketing strategies and provide exporters with updated information and other valuable tools to increase export sales in identified markets.
• Product Consultancy. Trade policy issues, as well as updates on research and development for specific products are discussed during consultative meetings with the Product Officers. The team of Product Officers at the Product Research and Strategy Group provides assistance to exporters based on the following product categories of expertise:a. Resource-based commoditiesFood and food preparations b. Herbal and natural products c. Industrial manufactures d. Consumer goods e. International services f.  Others
• Business Missions. Exporters wanting to visit a particular target market either for exploratory purpose or direct sales promotion may join BETP business missions. The Market Officers and the Product Officers specialize in organizing Business Missions for dispatch to specific markets.

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Business Plan Sample, Management, Ideas, Proposal and Philippines Franchising

Yes, we know that we are not an authority with small business as well as big investments in the Philippines but we sure have gone through to a lot of marketing and management stints ourselves owning different kinds of small community-based investment near our home as well as online.

We might have never done catering but we have done a carinderia-type of "negosyo" in our home in Caloocan. We cook the food, go to the market to buy ingredients and more.

We've done a lot of computing our return on investment and we've also done balancing our finances and listing our daily expenditures as well as total sales and done minus and plus from "puhunan" or investment total for the day vs total sales minus the expenditures from manpower and labor to raw materials to maintenance to electricity consumption and food allowance and yes, even the small outs and ins of money is being computed each and everyday of our life managing a small eatery in the Philippines.

To some or most of you, this could be just a small time investment system but it means a lot to us to be able to cope up with the trends in the community as well as cope up with the basic to the most complicated problems of managing, accounting and doing inventory. We even have our own small ledger where we keep our records for daily total sales to expenditures in all aspects of business.

We were successful on this one until we all ran out of passion to cook and sell cooked meals in the community eatery we manage. I must say it's so tiring to do it and the rewards are not as quick and big as we thought so I as the father got back to managing my own electronics shop which grew to 3 branches - one home based and 2 with rented stalls. Again, I succeeded on this until I couldn't handle all the stress of working while doing the management with a couple of other friend investors who took time trying to cheat on the electronics shop earnings every once in a while which I learned later on because of my own system.

Small Business Investment Ideas

I can implement needed changes and analyze pitfalls and loopholes and problems that cause certain impact on a business I have venture and invested in to in the past.

In short, I have quite a lot of small investment ideas to give you so you can try them out but please, before anything else, only invest in something you really and wholeheartedly love. Never venture on anything to invest in to without knowing about its nature. Successful people knows this and it is no big secret in the industry anymore so don't experiment with your investment capital or you will eventually loose the race. Believe me, it's the most basic principle in investment that I have followed and believed in and I didn't know it at first until I began searching and found out why I have always succeeded in my ventures being a Pinoy entrepreneur. I remember having a friend in the business of driving school investment. He did it on his own and I would like to see myself as one too from then on.

List of Philippines Business Franchise

If you really want to know what is franchising and how to purchase a franchise, please, make your study first. It's not enough that you know that a product sells and if you invest on it, you will absolutely succeed. Remember that in 2 excellent college students with the same academic excellence, there will always be a more successful one than the other.

The same thing goes for Philippines business franchising . It does not necessarily follow that if a product sells, it will perform the same with your franchise as compared to the original. There are so many factors on it and one is to make a sample plan and present it to your partners for deliberation and planning.

List of Food Cart Franchise Business Options

Things you need to know about food cart franchise are fees (cheap choices included), is the stall or foodcart and other utensils included?, are materials and supplies available all the time?, franchise agreement inclusions and specifics, franchise duration (if there is any) crew training, franchise materials, construction of your cart and more.

Sample Franchise Contract / Agreement Free Download

Philippines top 100 corporations to invest business with in  2014.

So here is the initial updated BIR list of 2014 top 100 corporations (50 top tax payers) and multi national companies that you can target investing or have business with in any way or another this year.

• Manila Electric Company
• Petron Corporation
• Pilipinas Shell Petroleum Corp
• TI (Philippines) Inc.
• Malayan Integrated Industries Corporation
• Nestle Philippines Inc.
• Toshiba Information Equipment (Philippines) Inc.
• Mercury Drug Corporation
• Smart Communications Inc
• San Miguel Foods Inc.
• Philippine Long Distance Telephone Company
• Chevron (Philippines) Inc.
• Philippine Airlines Inc.
• BDO, Unibank Inc.
• Globe Telecom Inc.
• Toyota Motors Corporation
• San Miguel Brewery Inc.
• Zuellig Pharma Corporation
• Coca-Cola Bottlers Philippines Inc.
• Philippine Associated Smelting and Refining Corporation
• SunPower Philippines Manufacturing LTD.
• American Power Conversion Corporation
• Bank of the Philippine Islands
• National Grid Corporation of the Philippines
• Puregold Price Club Inc.
• Tsuneishi Heavy Industries (Cebu) Inc.
• South Premiere Power Corp.
• Metropolitan Bank and Trust Company
• Unilever Philippines Inc.
• Supervalue Inc.
• Cebu Air Inc.
• First Gas Power Corporation
• San Miguel Energy Corp.
• HHIC Phil Inc.
• San Miguel Corp
• Jollibee Foods Corporation
• Samsung Electronics Philippine Manufacturing Corporation
• United Laboratories Inc. - UniLab
• Monde Nissin Corporation
• Travellers International Hotel Group Inc.
• Dole Philippines Inc.
• Philippine American Life and General Insurance Company
• Mitsubishi Motors Philippines Corporation
• Chevron Malampaya LLC
• Robinson's Supermarket Corporation
• Super Shopping Market Inc.
• Total (Philippines) Corporation
• Accenture Inc.
• Holcim Philippines Inc

• Philippines Gov
• Business Ideas
• Agri Philippines
• Filipino Recipes
• Philippines Jobs
• Philippines Travel
• Philippine Resorts
• Philippines Hotels
• People and Culture
• Education Courses
• Philippines Festival
• Organic Store
• Health Wellness
• Credit Cards

Enjoy Philippines

• Filipino Songs
• Manila Venues
• Philippines Photos

Pinas Geography

• Manila Tour
• Philippines Maps
• Weather Forecast

NEED FUNDS?

Chocolate Hills Philippines

Philippines Dance Festival

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