Selling gift boxes is a promising small business idea that slowly gains traction in the United States and Australia. This food business can earn you as much as a 100% profit. Organic Farm Green House. It is shocking to note that in this day and age of online businesses; only 53% of small-scale enterprises own a website. Why it’s a profitable business idea: Making and selling liquid detergents for home or commercial use can be a lucrative business that provides a cheaper alternative to expensive liquid detergent brands. People looking to earn extra cash every summer, Draws in a lot of health-conscious consumers, Profitable in locations with good foot traffic, : Can’t stock too many fruits, as they easily spoil, Starting a junk shop or scrap trading business is a great opportunity to convert the trash into cash. Why it’s a profitable business: Roasting and selling chicken can be considered a negosyong patok. Fitness and wellness enthusiasts who want to make teaching yoga a full-time career. With its affordable price, this meal is so easy to sell. No need to build or rent a physical store. Filipinos are also attracted to great packaging. Why it’s a profitable business: Mushroom farming15 has so much potential in the Philippines where there’s a growing demand for gourmet and organic mushrooms (which are used as ingredients for chicharon, noodles, burger patties, and other organic food products). Freelance virtual assistants who want to start their own business. Ideal for: Anyone who can drive and owns at least one vehicle that can be put up for rent. So the more frequent you’re booked, the larger the profit you’ll make. Foreign companies also want to open offshore offices here but are not aware of the procedure. Digital and Offset Printing Services. Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. Requires a lot of patience and hard work, especially when you’re starting out. People with damaged phones would rather save money by having their phone fixed (especially for simple, minor repairs) than buy a new unit. Think again. Reaching customers nationwide through various online channels: social media (Facebook and Instagram) and online marketplaces (Lazada, Shopee,, Sulit PH, etc.). Anyone who loves to share their knowledge, passion, advice, and experiences. For those who are adept in auto repair, you may consider opening an auto repair shop where you can offer your services and sell auto parts/accessories at the same time. Why it’s a profitable business: Building software programs or mobile apps is a lucrative freelance business for web developers. Travel is one of the most profitable industries in the Philippines, thanks to the growing number of domestic tourists and the influx of foreign visitors. But for enterprising Filipinos, this can be a potentially profitable venture, as eco-friendly PUVs are expected to replace the old traditional jeepneys that will soon be phased out24. Why it’s a profitable business: Convenience stores are sprouting everywhere, but sari-sari stores still rule the neighborhoods because Pinoys prefer to buy in tingi. Ideal for: Filipinos looking for a business with affordable startup costs and guaranteed profits. Why it’s a profitable business idea: There’s an increasing demand for cleaning services, especially in Metro Manila where people lead fast-paced lifestyles. Startup Business Ideas #72: SUBSCRIPTION BOX BUSINESS Subscription boxes have been around for years, but lately there seems to be a boom in such products. These can be upcycled into home decors, bracelets, purses, bags, picture frames, and anything your imagination can come up with. Turn your passion into profit by starting an adventure travel business. High growth potential. healthy meal delivery service/diet delivery program, online business opportunities that you can manage in the comfort of your own home, How to Start a Rice Business (Bigasan) in the Philippines, How to Start a Kakanin Business in the Philippines, How to Start a Street Food Business in the Philippines, How to Start a Water Refilling Station Business in the Philippines, How to Start a Bakery Business in the Philippines, How to Start a Pizza Business in the Philippines, How to Start a Catering Business in the Philippines, 25 Legit Online Home Based Jobs in the Philippines (Up to Php 160K+), 25 Best Online Part Time Jobs in the Philippines (Up to Php 50K+/month). Inexperienced entrepreneurs with small capital for selling a particular food they like. 10 Small Capital Business Ideas for the Young Entrepreneurs; 13 Business Ideas in the Philippines to try in 2021; 5 Money-Making Online Business Ideas You Can Start In Your Free Time; 5 Small Capital Business Ideas That Turned Into Millions; 5 Things to Consider When Turning Your Knack for Remodelling into a Home Renovation Business Creative people who love designing and creating costumes. Why it’s a profitable business idea: Do you love hiking, surfing, paragliding, or any other outdoor activity? In the list of top 10 new business ideas, starting a 3D printing business will be a profitable future business idea. Capital (non-franchised food cart): Php 30,000 to Php 300,000. A business idea that is not in harmony with who you are will not only make you miserable but also waste a lot of your precious time that you’ll never get back. Small Technology venture but more of a learning experience questions. Here are a few ways to do it: Consumers’ needs are at the cornerstone of every business. Cons: Difficulty finding initial clients. Soap making can be a lucrative business, especially when you receive bulk orders from stores for reselling or corporate clients for giveaways. Stay-at-home moms, college students, full-time employees, and anyone looking to earn extra income from selling products online. Here are the top 100 most profitable agribusiness ideas to invest #1. Spending time and money on meat processing training courses (Each course takes from one to five days and can cost over Php 2,000). Hairband making business is a lucrative and profitable manufacturing idea and is among the most popular small town business ideas. 4. Opportunities: Remember that e-load retailers are the ‘front liners’ of the e-loading business, above them are the sub-dealers, dealers, distributors, and the telecom company. Since 2014, 60% of online traffic has come from mobile devices, particularly smart phones. Starting this type of business is easy. One of the popular wedding caterers in the Philippines, for instance, started out as a. Unstable availability of ingredients and supplies due to seasonality and typhoons. People who are knowledgeable and passionate about swimming and love interacting with kids, Teaching can be enjoyable if you love being around kids, No startup cost if you already have a pool in your home or if you’ll conduct lessons in your client’s pool, Requires swim coach and Red Cross certifications, Needs patience in training children and adult beginners, Entrepreneurs (especially those who own a restaurant, eatery, or bakery in an ideal location) who are looking to increase their income during summer, Can maximize income by offering other cold treats like ice candy, saba con yelo, and mais con yelo, The short shelf life of halo-halo ingredients, The challenge of offering something unique to beat the competition. Php 125,000 to Php 150,000 (for five PisoNet machines with printer and chairs). Difficult to sustain as a full-time business because of lean months (Photobooth business is better as a side business for people with day jobs). Experienced digital marketing and social media marketing professionals who want to become their own boss rather than to continue to work as employees for companies. You can fulfill such a need with your upholstery business. The challenge of making clothes in a broad range of sizes available. In the next section, we are going to list down some of the tried-and-tested business ideas in the Philippines organized into different categories. With sheer hard work and perseverance, selling ice candies with low capital can grow into a multi-million business, Stay-at-home moms and unemployed people who want to try entrepreneurship, Students who want to earn money while on summer vacation, Needs a lot of patience to grow this small business. Need to consult nutritionists, dieticians, and other specialists for the recipes and meal preparations. Every time you catch yourself complaining why this product or service isn’t available within your vicinity, or why no one bothers to improve what is already available, stop for a second. If you’re able to provide a satisfactory service, your existing clients will refer you to others who might become your clients, too. Caregiver home service ensures having a licensed health care practitioner who can check up an elderly at specific hours of the day. Need to build everything from scratch (from planning to execution) if you’ll start your own food cart compared to franchising one. Ideal for: Hairstylists, hairdressers, or beauty enthusiasts who want to start their own business. If YES, here are 50 small business ideas and investment opportunities in Philippines that you can start. Every summer, parents look for coaches who will train their children to swim. This quaint shop that sells almost everything—from laundry detergents to favorite snacks—has been part of our daily lives for a long time. And by now you probably already know… one of the lowest cost (and most attainable) business ideas you can start working on right now is launching a blog of your own. Ideal for: Car care enthusiasts who can find a high foot traffic location in a residential area. This profitable business can earn you up to 400% profit per plant. Earn around 3% to 13% commission per transaction, averaging from Php 1,000 to Php 3,000 monthly. Food Cart Business Examples are canned laing, vacuum-fried tahong, volcanic ash ceramics, and organic farming, just to name a few. This being said, regardless of which most profitable business idea you’re leaning towards, there are a few things you’ll need to get your business … However, it sometimes becomes tedious to make the drive to a mall just to get a haircut. Can increase earnings by providing other services such as shoe cleaning, bag repair, key duplication, and locksmithing. If you want to be an entrepreneur but don’t have too much money, then starting a photography business will be one of the best business ideas in the Philippines in 2021. Vloggers get paid per click or view of ads placed on their YouTube videos. Your own products (ecommerce or SaaS). These include grooming, pet sitting, and health care. Whether it’s the need to belong, eat, sleep, or feel good, there’s always business ready to provide it. Drones are expensive, especially popular brands. If there are many pet owners in your neighborhood, you can offer pet sitting and boarding services right in your home. However, VR App Development is a futuristic concept which makes it one of the hottest and most profitable online business ideas in 2021. Therefore, it is not a labour-intensive operation. Ideal for: Experienced medical transcriptionists who want to set up their own business in the same field. Why it’s a profitable business: If there are many pet owners in your neighborhood, you can offer pet sitting and boarding services right in your home. Whether you’re starting an online business or traditional brick-and-mortar store, your goal should be to stand out in the competition. There’s an increasing demand for cleaning services, especially in Metro Manila where people lead fast-paced lifestyles. Enterprising Pinoys with knowledge in graphic design and operating printing equipment, Can start with a small investment and then scale up later on, Doesn’t require a large space for the printing equipment, Risk of reduced productivity and sales when printing equipment fails to work. Significantly lower startup cost than opening a fast-food outlet. Ideal for: Landscape artists, architects, and hobbyists who want to start a business, as well as gardening enthusiasts who love decorating home interiors and exteriors with ornamental plants. Labor-intensive and time-consuming operation. Php 120,000 (own shop) to Php 3.5 million (franchise). Based on the latest data from the Philippine Statistics Authority, event caterers earned an average gross profit of Php 16 million. The joy of meeting and interacting with different animals. Grow and sell ornamental plants from home. If not, get a partner whose village allows home-based businesses or rent a small space with limited seating. Ideal for: Knowledgeable and experienced people in home repair and maintenance. Later on, you can hire professionals in other digital marketing fields to build your own full-service agency. You can start selling from home or peddling in your neighborhood. Ideal for: Stay-at-home moms who love baking and want to turn their hobby into a home-based business. Low sales during typhoon season when supply is limited. It is also cheap and easy to make. Orders can surge during election periods for campaign shirts and holiday season for customized shirts as gifts and giveaways. Appeals to a very diverse market (students, blue-collar workers, yuppies, etc.). You can start with a home-based alteration business and later on provide tailoring services. Why it’s a profitable business idea: Every summer, parents look for coaches who will train their children to swim. Small businesses, particularly those located at home, may have immediate need of back-up power. Getting an ROI takes around six months. If you’re good at what you do, you can market your talent to other Asian countries. Filipinos looking for a business with affordable startup costs and guaranteed profits. To ensure you end up with a perfect match, follow these tips: If you’ve been struggling to find a feasible business idea, look no further than your own experience and skill set. Making and selling ice candies can be an easy source of income. No need to scout for a location, as this is a home-based business. This small business idea can assure you a steady stream of clients who can’t last a day without their smart phones. Requires pizza-making training and skills. Capital: Php 1,500 to less than Php 20,000. Because it is self-service, you can charge a rate lower than that of other laundry centres. Every month the child gets different kinds of toys and games. Once you earn their trust, car owners will come to you for routine repair jobs, even if your shop is in a not-so-ideal location. Music Education graduates or those who are highly skilled in playing guitar with good communication skills. Less prone to theft than conventional internet cafes, as PisoNet coin boxes have locks. Think of Christmas 12 months a year! Need to invest in a vehicle or outsource a third-party service for daily meal deliveries. Millennials these days have become more conscious of their health, and yoga is one of the popular ways to achieve a fit and healthy body. Bills Payment Business. For most of us, we want to find a business idea because our situation calls for it. iii. Philippines is a young, growing population so you can expect parties to happen every day. Ideal for: Agripreneurs who want to try something new for their business and have the ideal location with the right environment for growing a certain type of mushroom. Need to thoroughly study and understand the nature of mushrooms and their production before starting the business. Ukay-Ukay Store/Thrift Clothing Shop. There is a single reason why blogging has become in demand: it works! Housewives and anyone looking for affordable home-based business ideas, Low startup cost with high profit margins, Easy product to make with simple utensils readily available in the kitchen, Easy-to-source raw materials from supermarkets and chemical retailers, To sustain the business, you need connections with laundry shops, restaurants, eateries, and other businesses that use liquid detergents. Gardening aficionados, on the other hand, may sell bonsai plants, garden fountains, or rent out the whole garden during special events like weddings. Moreover, candles serve other purposes other than providing light during black outs. Why it’s a profitable business idea: Real estate in the Philippines is a booming industry, with the growth in condominium and infrastructure developments in recent years. Steady demand from customers, especially if the business services commercial establishments such as salons, hotels, and restaurants. This top future business idea 2020-2030 is large-scale. If you plan to start a day care centre, you must register your business with SEC and apply for the necessary permits with the city government. A subscription box is a product where there is a base “box” that is sent out on a monthly basis to customers with niche specific goodies inside it. Ideal for: Experienced digital marketing and social media marketing professionals who want to become their own boss rather than to continue to work as employees for companies. Interior design can be a lucrative business, as long as you set your rates right. Pet care businesses usually require clients to leave food for their pets. Choose the nature of your laundry business. Only 2% of mushrooms are locally grown (the rest are imported), so there’s a large market for this high-value crop. Through a PisoNet business, you can offer. Fitness enthusiasts with people skills and a passion for helping others become fit and healthy. Ability to offer extremely affordable meals. OFWs and employees in the trucking department of a manufacturing company who wish to shift to self-employment, A great demand for trucking services in the Philippines, Heavy regulation in the trucking industry: Plenty of legal requirements and fees for securing a permit to operate a trucking business in the Philippines, Truck ban policies in Metro Manila, plus heavy traffic, that can lead to delivery delays, Risk of cash flow issues when clients take several months to pay for deliveries, The government’s public utility vehicle (PUV) modernization program is a controversial issue in the Philippines—with transport groups protesting its implementation due to the high cost of e-jeepneys. Are you looking to sell products online but don’t have the money to … Licensed interior designers who are considering self-employment, Profitable business if you have connections with real estate agents, architects, and reliable suppliers and contractors, Opportunity to pursue your passion for interior design while making money from it, Requires education, training, and experience, which can take time. Why it’s a profitable business idea: T-shirts are easy to sell all year round, what with the popularity of couple shirts and statement shirts with witty or hugot lines. The roof and faucets can get leaky. eval(ez_write_tag([[300,250],'filipiknow_net-box-4','ezslot_3',184,'0','0']));Earning a certificate in massage therapy, for instance, gives you an opportunity to provide massage services for a fee or hire other therapists to open a spa or massage clinic. More and more companies are hiring contact centre agents, but keeping up with the demand of the industry while assuring quality is difficult. Dropshipping. For any queries please contact us at Email [email protected] Phone +1 206-257-2964. How to Get OEC Exemption Online: An Ultimate Guide for OFWs. Make life easier for them by setting up a fruit and vegetable stand in your neighborhood. This is why households and businesses avail of pest control services to eliminate pests and protect their properties from infestation. Product industries are mainly about manufacturing and selling products. But innovations also abound in other industries. Business growth potential: Start selling in small quantities and later on produce bigger quantities and sell them to resellers and distributors for higher profits. Ideal for: Newbie entrepreneurs who want to make money through a food business that doesn’t require much prior knowledge and skills. You can also sell to book stalls and second-hand bookshops in Recto. Cons: Requires spending a lot of time to study the different aspects of operations, such as auto detailing and engine wash. Why it’s a profitable business: You won’t run out of customers (both car and motorcycle owners) who need to have their flat tires pumped or repaired. Offer a car rental service to tourists, business executives, corporate clients, and regular motorists whose cars break down. Ukay-ukay or flea markets that sell used clothes are still a major industry in the Philippines. Thus, starting a trucking business now—especially as a B2B service—will be a great investment for the future. With more than 3 billion people online every day, the Internet offers you a vast ocean of Online business opportunities. Simple jobs like these can earn as much as Php 1,000 to Php 2,000 daily. So much so that these businesses are often fully booked, especially on weeknights and weekends. 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