If you want to earn money and be your own boss, then opening a business is the best way to do that. So, what business should you start, that wouldn’t require a lot of money but will be easy to launch?
Here are some of the easiest businesses to start in the Philippines:
Street Food Business
Depending on what you are trying to sell, you can start a street food business with as low as Php500. But if you will need a cart or stall, the amount will be higher and could reach Php1,500 to Php2,000. However, a street food business is easy to open.
Choose what street food you want to sell. Tempura and fish ball are easy to sell and don’t require a lot of preparations. Just make sure you have a portable stove, lots of cooking oil, and ready-made sauce.
Isaw, barbecue, banana cue, cheese stix, betamax, and similar food items need more time to prepare but they’re also best sellers.
Prepaid Load Retailer
In the Philippines, most consumers don’t have postpaid accounts. That’s good for you because you can easily start a prepaid load retailer business. It’s actually quite easy. All you have to do is buy a retailer SIM and pay for the load wallet. Voila! You can start selling prepaid load in no time.
It might be a good idea to have a separate phone for this, the keypad one works fine, but you can still use your smartphone so you can sell load on the go.
Ukay Ukay Shop
There are so many stores now selling ukay ukay bundles online that it’s actually much easier now to open this kind of shop. While the best ukay ukay shops are placed in high-traffic areas, particularly near or in the public market, you can actually open one outside your home if you lived by a street.
Moreover, a lot of sellers now have online shops – and they do live selling of their items. You can actually do that to reach more customers.
Vending Machines and Cart Franchise
The amount of money you need for capital will depend on what franchise you picked but there’s no arguing that this kind of business is so easy to open. All you have to do is apply for franchise and find a good spot for putting up the cart or vending machine so you can start selling quickly.
Homebased Store with Homemade Products
What stuff do you make at home that you can make money from? That’s one of the best and easiest ways to start a business. Whether you plan on selling coffee, mango float or cake or brownies or even your artwork, you can easily do that from the comforts of your home.
You can even use marketing tools on Facebook and other social media sites to sell your products in your community or even to other people online.