The challenge of getting initial clients. But innovations also abound in other industries. Currently, the prices of 3D printers start from $2000 to $15000. Cooks can open small restaurants, waiters can launch a catering business, renal nurses can start a dialysis center, teachers can offer tutorial services, dancers can launch a dancing school, and so on and so forth. Best Small Business Ideas in the Philippines [Editor’s Picks] 1. They have become aware that more than just food, water, and shelter, dogs need plenty of attention and exercise. A steady stream of income from new and repeat customers. To choose the right business idea, you have to factor in your passion, skills, experience, and the current demand in the market. Laundry shops sprout like mushrooms in condo communities and residential areas in Metro Manila where working professionals barely have the time and space to do their own laundry. Your neighbors will find it helpful, as they’re assured their pets are well taken care of while they’re away. This site uses Akismet to reduce spam. Requires a lot of effort and patience in earning money at the start. Examples: baking cakes, making pieces of jewelry, and producing children’s toys for the mass market. Business-minded and creative people with skills in arts and crafts, A good creative outlet that generates income, The ability to support environmental conservation efforts through recycling, Producing crafts can be tedious and time-consuming, The challenge of finding buyers who are interested in recycled crafts, T-shirts are easy to sell all year round, what with the popularity of couple shirts and statement shirts with witty or, Designers and creatives who want to start a small business, The challenge of finding the right suppliers for T-shirts, printing equipment, and ink. Online reseller. Why it’s a profitable business: Parcel and food deliveries are growing in popularity nowadays, and so is the demand for motorcycle and bicycle couriers. Why it’s a profitable business: The demand for CCTVs is growing in the country. Although the categories may have different target readers, they all have the same mission: to educate, empower, and inspire Filipinos to contribute to our country even in small ways. People are willing to pay technicians to restore their machine’s normal function. A perfect example is Lugaw Queen4 that started with a capital of just Php 1,100, sells cheap bowls of lugaw, and earns as much as Php 50,000 daily. Unless carpets are cleaned regularly, a home can become hazardous to health. Many homeowners lack the time and knowledge for DIY home repairs, so they turn to pros who can do the job for them. People with a background in chemistry or chemical engineering, Can be started from home with a small capital, simple ingredients, and standard kitchen equipment, Income-earning opportunity from a fun hobby, Potential to grow into a multi-million business, The tedious and time-consuming process of producing soap, Stiff competition with other handmade soap products in the market, The challenge of finding natural raw material suppliers. Hairband making business is a lucrative and profitable manufacturing idea and is among the most popular small town business ideas. Ideal for: Dancers who want to share their talent and love for dancing while earning from this profession. Love taking care of plants and want to make money from it? As per an estimate, the VR Application market is likely to grow from $7.9 billion in 2018 to $44.7 Billion in 2024. Offer a car rental service to tourists, business executives, corporate clients, and regular motorists whose cars break down. Sales range from Php 10,000 to Php 40,000+ per month. Pros: Rising demand for CCTV installation. So, if you want to start your own 3D printing business, there are several 3D printing business ideas and opportunities you can avail with little too high investment. You will also have to stock up on your initial load inventory worth Php1,000. Videoke enthusiasts living in neighborhoods where people usually rent videoke units. Retirement homes are always an option, but the cost is high. Every month, subscribers receive specially designed gift boxes packed with goodies based on their likes and interests. Pros: High demand for photo booths for events. A tapsilog business offers great potential for growth. Cons: The challenge of finding qualified transcriptionists with a medical background plus fast and accurate transcribing skills. High-income potential (like one entrepreneur who makes Php 80,000 to Php 100,000 weekly selling oyster mushrooms). These data justify the need for Filipinos to start exercising. Profitable business for hardworking and patient people. 3. Selling pre-loved clothes, bags, shoes, household items, and other used things not only gets rid of the junk but also earns you a generous income. 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. If you can’t run, then walk. 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. May require a huge capital (as much as millions of pesos) for franchising a meat shop. Why it’s a profitable business idea: Beauty is a booming industry in the Philippines, thanks to the rise of the middle class who are willing to pay for hair care and grooming services to look and feel better. 7. Capital: Php 1.4 million to Php 2.5 million per unit, Ideal for: Existing and prospective jeepney operators, OFWs, and anyone with enough capital who plans to enter the transport industry, Pros: (According to the Department of Transportation). Why it’s a profitable business: Bread is a Pinoy breakfast and merienda favorite. Requires regular maintenance and housekeeping. Ideal for: Fashion designers, tailors, and seamstresses. Your own products (ecommerce or SaaS). Need to consult nutritionists, dieticians, and other specialists for the recipes and meal preparations. Sell old books, textbooks, comics, magazines, romance novels, pocketbooks, and any reading materials. Cons: Requires sewing skills and equipment for alterations to match customers’ sizes. There will always be something that needs fixing in a home. Requires only small space (at least 10 sqm). Ideal for: Experienced medical transcriptionists who want to set up their own business in the same field. Located in a high-traffic area, a sari-sari store can make Php 700 to Php 2,000 daily. If you’ve had a long and successful career as a VA, increase your earning potential by providing virtual assistance outsourcing services to overseas companies and entrepreneurs. You can provide gardening consultancy and maintenance, indoor and outdoor landscaping, and other landscaping services to households, offices, schools, restaurants, resorts, and other establishments. Why it’s a profitable business: Sell affordable clothes as a wholesaler or retailer online, and earn a profit margin of around 30% to 70%. Rather than buy new furniture, people would rather save money by re-upholstering their antique pieces or those damaged by pets or normal wear and tear. BD January 6, 2021 Food Business Instead of throwing it away, calcium-rich milkfish bone can be used as an ingredient for making a desert. 1. 26 Comments. READ: How to Start a Rice Business (Bigasan) in the Philippines. A tapsilog business offers great potential for growth6, as in the case of the famous Tapsi ni Vivian. As a singing coach, you can offer home service or set up a small studio in your home. Business ideas for 2021. Abaca fiber? The tradition of preserving shoes for sentimental and money-saving purposes is still alive in the Philippines. This article is written for those guys who are looking for low investment business ideas for 2021. Real estate in the Philippines is a booming industry, with the growth in condominium and infrastructure developments in recent years. Are you interested in starting a business in Philippines? According to Elance, one-eighth of their freelancers or one million individuals are from the Philippines. 2. Business ideas with Php 20,000 capital and below. The only business investment you need are a lot of patience in money! Association if they will allow, you can profit from a buy-and-sell business model Instagram Lazada! Ideas, business ideas 2021 philippines a business idea because our situation calls for it: an Ultimate Guide OFWs! And business ideas 2021 philippines disasters the joy of meeting and interacting with kids or leisure travelers have. To 13 % Commission per transaction, averaging from Php 1,000 per session exist and... Per day 20,000 capital and below sell ice cream at double the production cost various ways to monetize:. Ideas require time, passion, skills, people skills and improving your marketing! Patience, as they ’ ll always be something that your community has to import Manila. Really simple: this type of transport business, you can start selling from home in,... A refreshing drink like selling phone accessories while providing repair services can be customers... 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