If you are thinking about starting a small business ideas Philippines, there will be many things for you to learn about and consider. To profit from your business, you should understand how much it costs to get started and if you have the interest or specific ability to make it possible to work.
In this article, I will introduce 16 business ideas from low to high cost for you to think about. However, the prices of these businesses can be higher or lower than the ranges that I mentioned, depending on the scale of the businesses.
Table of Contents
What Do I Need Before Starting a Business in the Philippines?
Before starting a new business, you must prepare what you need beforehand to avoid problems in the future. The first thing you must prepare is the money you need to invest in the businesses.
Also, starting a business with the right scale to test the marketplace and learn along the way is a good thing. If you do not have much money, starting with one that does not require much investment is better.
Besides money, you should always get a business permit before starting anything to prevent violating lawsuits. You always need a permit, no matter how big or small your business is.
Small Business Ideas Philippines from Almost No Extra Money
Blogging
People who have a job that can support themselves can start blogging if they have interesting ideas to share with other people on the internet. In the beginning, it is not easy to make money with blogging, and it may take months or years to make your blog popular.
However, once you get certain attention from your audiences, you can use your blog to make money by doing several things, from advertising other products, selling your products, promoting services, and more.
Creating Online Content and Courses
Like blogging, online content and courses can be a great way to make money. If you have skills that are valuable to other people, you can write, record, or make videos with your knowledge and upload or sell them on online platforms.
You can start with the devices you have. But if you can, it is recommended to invest in a nice camera or microphone to raise the quality of your content.
Affiliate Marketing
Affiliate marketing is also a good way to make money online for those who do not want to spend much money initially. You can get a commission by selling other people’s products, and you can do it while having a full-time job.
Small Business Ideas Philippines from P500 to P20,000
Low-Cost Meal Business
Choosing a low-cost meal business can be a great start for those who want to open a business related to cooking but do not have a big budget. This business type does not require any special or expensive ingredients, and it is unnecessary to install fancy cooking equipment.
You can start with existing cooking applications like stoves, kettles, and pans. Getting started with as little as P1000 is possible, and you can promote your service online, especially on food delivery apps.
Low-Cost Beverage Business
Filipinos love cold drinks, especially in hot weather like most people. Luckily, it is not expensive to create local and low-cost cold drinks, especially when you do not have to rent a new place to sell the drinks.
If you have little money, P500 is enough to buy the necessary ingredients. And for those who have a bigger budget than that, a few thousand pesos will allow you to make more drinks or higher-quality ones.
Grilled Food Stand Business
If you are interested in a grilled food business, you must buy the ingredients, charcoal, and equipment. Therefore, the cost is higher than investing in low-cost drinks and food.
In general, one will need at least P5000 to get started. Still, you may need a bigger budget if you want to serve more people or buy more expensive food.
Flower and Plants Store (Online and Offline)
Many people would love to bring home beautiful flowers and plants, and this is another good idea to open a flower and plant store. It is better to create this type of store in big cities or around many people.
Why? Flowers and plants are nice, but people do not buy them frequently like other types of products (like food and drinks.) So, placing your stores in areas with fewer people around might result in lower profit. However, if you can successfully promote your store online, it is easier for potential customers to find your stores.
Beauty Product Reselling
First, you should know that reselling beauty products can cost a lot of money, especially when you want to sell various products from expensive brands. Still, anyone can start with affordable products and gradually build their brands.
The minimum amount you need for this business niche is around P5,000. You should not ignore the power of online content, fan pages, and eCommerce platforms to boost your opportunity. So, frequently advertising your products on those platforms can help you reach more potential buyers.
Food Ingredient Reselling
It is not difficult to find a small food ingredient-selling store with a bunch of people coming to buy food. So, if you live somewhere a bit far from the market, it is a great idea to buy food ingredients in the early morning and sell them at higher prices.
One of the key rules to keep in mind is that you should sell different types of food to attract more local people. It is also important to listen to the opinions of your buyers and sell what they want to buy.
With this business idea, you may need to invest around P20,000. Of Course, you can spend less or more depending on how much you can sell every day.
Small Business Ideas Philippines Under P50,000
Web Designing
If you know how to design a web, you can start a web-designing business. You can do it alone first if you do not want to risk your investment. After a while, you can hire more people if the business grows. For this reason, this business type can cost as little as P5000 or as much as P50,000 and more.
Bread, Pantry, and Cake Business
Bread, pantry, and cake ingredients are not too expensive, so one can open a cozy store selling them at a low cost if they already have the equipment, like a mixer, oven, and more. If you love making bread and already have these tools, you can start with around P5000.
On the other hand, if you do not own these tools already, you will need to buy them, and the cost to get started can be somewhere around P40,000. Also, please keep in mind that these costs do not include the store rental fees (if any.)
Fashion Stores
Like the cosmetic-selling business, a clothes-selling business can cost a small or big amount of money, depending on how many clothes and what type of clothes the store owner chooses to buy.
Suppose you start with a small fee; around P10,000 to P20,000 can be enough initially. For bigger stores, you may need around P40,000 ready to buy the fashion products. Also, the store owner should install at least one camera in the store for security.
Small Business Ideas Philippines Under P100,000
Online Delivery Service
Online delivery services are needed more than ever as more and more people love to stay home and get their orders coming to their doors. So, it is a great opportunity to open a counter service.
Nonetheless, it is crucial to make your customers happy by delivering their orders on time, and the products should maintain their quality after being delivered. For this reason, you should learn carefully about how to start this type of business to keep the heart of your customers.
Vehicle Washing Services
In my observation, vehicle washing services are always needed as we commute to different places all the time. With less than P100,000, you can buy enough equipment to start your car-was business. Not only cars, you can always wash other vehicles like bikes and motorbikes to get more profit.
Small Business Ideas Philippines Cost More Than P100,000
Beverage and Food Franchise Business
For those who have a big budget and do not want to create a whole new beverage or food business model, you can buy a beverage or food franchise and start selling right away.
A good thing about this business idea is that people are more likely to understand the franchise, and you will not need to promote the store too much.
Meal-Planning Business
With more cash in your pocket, you can start a meal-planning business with more food options and higher-quality meals to serve your customers. Also, never forget the power of online marketing as well as food to bring your products to more people.
Conclusion
Some businesses require almost no extra money, but some businesses need a big amount of money. During this blog, I have shared with you 16 small business ideas Philippines that suit people who want to invest almost zero money to more than P100,000.
However, to be successful in your business, the investment should not be the only thing you care about. Do not forget to learn carefully about the niche you want to choose to increase your chances of success.
