Business success awaits you with franchises under $50K. With that in mind, we’ve broken down some of the best for 2019. However, as your clientele grows, you may need to hire more staff. Sari-Sari Store Business. Moreover, the business requires minimal maintenance, you don’t need many employees even if the business is open 24 hours a day and there are minimal overhead costs. The Philippines is home to millions of smartphone users. Laundry services centers are always full-packed. As a result, they do not have time to do the laundry. Sign up for our newsletter for financial tips, tricks and exclusive information that can be personalised to your preferences! Another popular small business idea among Filipinos … These could include content marketing, social media marketing, SEM, SEO, and graphic design. The good thing about buying into a franchise is that you have virtually everything already – including a target market that knows your brand, you just need to restock supplies. On the plus side, you can make payment arrangements with gym equipment suppliers so you won’t have to necessarily deplete all of your capital on day one. There are many types of laundry centers – do-it-yourself laundry and those where the staff wash and iron your clothes. See: How to Start a Sari-Sari Store Even with a Small Capital. Filipinos are generally thrifty and the search for the cheapest and most affordable but useable... 2. Skinless longganisa, a Filipino-style sausage, is a popular viand that you can find in most dining tables of Filipino families. To start ice-cream business, you require a capital of between Ksh20,000-Ksh 70,000. 13. If you have a fridge, you can comfortably start the business without breaking a sweat. 5. You may need about 50,000 to 100,000 PHP for a laundry services center. 5. Beauty Products Reselling Business Start-up cost: PHP 5,000 to PHP 20,000 Items to invest in: Beauty products for reselling, smart phone The country’s beauty industry is worth a whooping PHP 152 billion … Store rental can be expensive at 20,000 to 30,000 PHP per month. Having a business is everyone’s dream because you are the boss and no one tells you what to do. Chocolate Making is one of the top home-based business ideas. You may need more if you don’t have a space of your own. With that much growth projected in online retailers, there is bound to be a hefty amount of competition. Mostly, if you want your own machine, a snack or beverage vending machine costs about 324,000 PHP to 475,000 PHP, but a coffee vending machine can cost as low as 7,000 PHP. We use cookies to ensure that we give you the best experience on our website. If you’re a fitness buff (pun intended), starting a gym could be just for you. If you wish to do retail business, save money for physical space and create an online business page where you can sell or showcase your products and services. If you love kids and enjoy studying, pair the two together and start tutoring. Birthday, baptismal and wedding parties in the Philippines have completely levelled up in the past few years. Small businesses can now compete with bigger companies and have wider reach through websites, social media and mobile apps. Small Business Ideas with Small Capital of P20,000.00 and Below Starting small is considered to be the most logical and a powerful step in starting up a business . Come across any other interesting business ideas in the Philippines? There is virtually no street in the country that doesn’t have a bakery – and they’re all busy. Franchise capital: Php 20,000 – Php 30,000. Being in an area where there is low competition but a high portion of people who would want to work out is ideal. To establish an eatery, you may need about 25,000 PHP to start with. As recently as 2015, the number of small and medium-sized enterprises soared from 896,839 to a staggering 911,768. I started my blog in 2009. By definition, a “carinderia” is a food stall usually located on the streets. Food Kiosk. However, they can be expensive. Bakeshop Business. Photo Booth services have become staple services in various parties and gatherings in the Philippines. with vinegar like in Vigan, or with oregano like in Lucban. One can start a business in as little as 1k up to millions of pesos. Digital Marketing Services. Starting this business does not require a lot of capital and a minimum of 30k is enough but some rice sellers advise that a capital of 60k is the minimum to make the business profitable. 8 Businesses You Can Start with P50,000 or Less [Updated] Tutoring | Starting Capital: PHP 2,000. 50 New & Best Small business ideas for 2020. Your chances of success will increase if you can get one of your potential customers to act as a mentor who will help you fine-tune your business plan for your market. Today, franchise businesses are on the rise in the Philippines. That can cover all the equipment and appliances needed. Ukay-Ukay/Thrift shop Are you tired of your 8-5 job? 6. The iconic Filipino neighborhood convenience store remains a go-to small business idea for many budding entrepreneurs. This is recommended most especially for individuals who lacks enough capital and for those who were not born with entrepreneurial genes. You may also need to hire cooks and wait staff, but if the stall is small, you won’t need many employees at all. Setting up a lucrative business with a small amount of money is possible in the Philippines. Beauty Products Reselling Business Start-up cost: PHP 5,000 to PHP 20,000 Items to invest in: Beauty products for reselling, smart phone The country’s beauty industry is worth a whooping PHP 152 billion … Ensure the business is close to the main road. This means you can sell your products at competitive prices. You could employ fresh graduate trainers or if you’re really low on funds in the beginning and you have enough knowledge, you could act as the sole personal trainer until you can grow your team. There you go, the best small business ideas in 2019. 1. If you want to set up a vending machine, there are many types – coffee vending machines, hygiene vending machines, and vending machines for snacks and beverages. 3. E-commerce If you continue to use this site we will assume that you are happy with it. Smart phones start to bog down within 2 years. 10 great manufacturing business ideas. 3D printing. 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