Making and selling ice candies can be an easy source of income. 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. No need to set up a physical office, as you can operate your business at home or rent a co-working space. iii. Request Assistance. IT professionals and technicians with computer diagnosis, troubleshooting, and maintenance skills, Clients are not limited individual computer owners—you can also get a stable income from servicing other small businesses and offices without in-house IT staff, Requires not only technical skills but also people skills to attract and retain clients, Need to keep updating your skills, as computer technology always changes. Capitalize on that by offering security technology solutions to businesses. Related Article: 25 Legit Online Home Based Jobs in the Philippines (Up to Php 160K+). On average, this business can net you between ₱1,000 to ₱2,000 per month if you can sell a total of ₱10,000 to ₱20,000 worth of load. Why it’s a profitable business idea: Tourism is a lucrative industry in the Philippines, especially in places most frequently visited by foreigners. Why it’s a profitable business idea: Every summer, parents look for coaches who will train their children to swim. Earn steady income (up to 68% profit margin) by providing good-quality service to keep customers coming back. TELECOMS. Department of Trade and Industry Secretary Ramon Lopez clarified his recent statement that ‘online barter’ is illegal in the Philippines, clarifying that the exchange of goods for personal transactions, not as an actual business, is allowed. Most Filipino families consume meat daily. You can charge at least Php 50,000 for every small project or renovation project. Entrepreneurs who want to boost income from their existing business like a sari-sari store, internet cafe, pharmacy, etc. Another example is the factories that are built to produce the new gadgets and products for the new technologies. See full address and map. Entrepreneurs with graphic design knowledge and/or have experience running another type of printing business (e.g., digital printing and printing). For example, to save on operational costs, subcontractors are hired by companies to find smaller shops to manufacture the components and supplies in smaller quantities. Ability to offer affordable services (as low as under Php 100 for every sedan). It can be started from home and marketed online. Php 1,000 (home-based) to Php 15,000 (mobile cart). What are the steps in starting a business in the Philippines? eval(ez_write_tag([[300,250],'filipiknow_net-box-4','ezslot_4',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. Also known as “import substitution,” this strategy aims to find products we usually import and tap into local resources to produce a cheaper alternative. Through a PisoNet business, you can offer sulit internet (one peso per 4-5 minutes) that students and low-income earners can afford. READ: How to Start a Bakery Business in the Philippines. Categories: Trading Companies, Address: Cityland Condominium 10 Tower 1 1200 Makati Metro Manila, Makati, Metro Manila. If your meat shop is situated in a strategic location, you can earn a high and steady income. As Albert Einstein famously said, "Insanity is doing the same thing over and over again and expecting different results." See full address and map. By choosing from the best business ideas in the Philippines that fit your values and market, you already have the battle half-won. Categories: Trading Companies, Address: Group 5 2518-2522 Gregorio Del Pilar St., Singalong Malate Manila Metro Manila, Manila, Metro Manila. This online business can earn you an average margin of 30% (for common products) to 200% (for rare or upscale products). Why not start one?’ The primary reason is that a sound, established business will be trading profitably. Why it’s a profitable business: Building software programs or mobile apps is a lucrative freelance business for web developers. See full address and map. Real estate in the Philippines is a booming industry, with the growth in condominium and infrastructure developments in recent years. Mesa Heights 1100 Quezon City Metro Manila, Quezon City, Metro Manila. Capital: Php 1,500 to less than Php 20,000. The emergence of more advanced printing technologies nowadays allows for faster and more efficient printing of various types of items in large quantities. All-year-round sales that peak during holidays. Why it’s a profitable business: “ Tubong lugaw” (earning large profits from small capital) best describes lugawan businesses in the Philippines. Need a lot of patience in dealing with clients. Why it’s a profitable business: Tapsilog is the Filipino breakfast favorite. ), Need to establish first a solid network of partner hotels, freelance tour guides, tour operators, car rental companies, and other travel-related businesses. Kakanin business| lugawan/gotohan| palamig/samalamig business|healthy meal delivery service/diet delivery program|cellphone load retail business|blogging|costume rental|halo-halo stall|ice candy business|fruit shake business|liquid detergent business; Street food business|carinderia/canteen/eatery business|home-based baking business|homemade ice cream business|meat processing business, |siomai stand|vulcanizing shop|tailoring/alteration services|pet grooming services|pet care services|sari-sari store|online selling|vlogging|Piso Wi-Fi|indoor plant business|mushroom business|hair and makeup services; Bigasan (rice business)|tapsilog business|coaching services|personal fitness trainer|personal shopper|car wash business|cellphone repair shop|CCTV installation|online clothing store|ukay-ukay store/thrift clothing shop|videoke machine rental|drone rental|photocopy business|digital and offset printing services; Water refilling station business|bakery|pizza business|food catering business|food cart|commercial soft-serve ice cream|lechon manok business|meat shop/meat retailing business|yoga instructor|laundry shop|personal concierge and errand services|shoe repair shop|convenience store/mini-grocery store|PisoNet business|Airbnb rental|formal wear rental|photo booth rental|junk shop|T-shirt printing|tarpaulin printing|beauty salon/barbershop|spa/massage therapy business|gym/fitness center business|travel agency|moving company/lipat-bahay service|logistics/trucking/hauling services|modern jeepney franchise. Requires pizza-making training and skills. It requires a lot of patience and hard work. Providing hire car / Taxi Services Business is also a good business opportunity in the Philippines. Company List. Capital: Php 30,000 to Php 100,000 (for a motorcycle). Challenges in maintaining food quality and sanitation. It is an investment where you can get rich quick or lose your shirt in a heartbeat. See full address and map. Running a car wash can earn you a net monthly income of around Php 30,000. Why it’s a profitable business: If you love to tinker with cars, a talyer makes a good small business idea. Ideal for: Enterprising Pinoys with knowledge in graphic design and operating printing equipment, Cons: Risk of reduced productivity and sales when printing equipment fails to work. Capital: Php 1,000 (home-based) to Php 15,000 (mobile cart). See full address and map. Convenience stores are sprouting everywhere, but sari-sari stores still rule the neighborhoods because Pinoys prefer to buy in. Pros: Feeding your passion for adventure while earning money from it, Cons: Inclement weather, natural disasters, or closure/regulations of adventure destinations may affect income. Do you have a hobby that can benefit others too? This online business can earn you an average margin of 30% (for common products) to 200% (for rare or upscale products). The income can be higher when you do business coaching to high-level clients such as corporate executives. Capital: Php 125,000 to Php 150,000 (for five PisoNet machines with printer and chairs). Why it’s a profitable business: Street food is cheap, which is why queues in stalls are always long. In front of a garbage collector17 who became example of trading business in the philippines millionaire through sheer work! 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