The wide variety of options for franchise businesses in the Philippines is both a good and bad thing for aspiring entrepreneurs. KAIROS INDUSTRIAL AND TRADING INCORPORATED. These could be initial operations on raw materials like cutting or sawing; final operations like packing; and skilled operations like testing and woodcarving. Why it’s a profitable business: Get paid using your skills in helping companies drive more traffic to their websites. There is a lot of overseas Filipino worker who is work abroad and can be successful in working in another country. Why it’s a profitable business: Filipino meals aren’t complete without rice. See full address and map. See full address and map. See full address and map. Ideal for: New entrepreneurs who are willing to work long hours to maximize profits. Why not make something profitable out of fresh fruits during the hottest months of the year? Driving under the rain or intense heat of the sun. You can start offering personalized walking tour services. You can offer your services to working professionals and students who rent an apartment or condo and have no time to clean their space. Perhaps it’s time to explore its potential. It requires only a small backyard for growing plants. See full address and map. People with little entrepreneurial experience who want to minimize the risk. 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. Requires a large space (at least 250 sqm.). But this would be another story for the Pharmaceutical distribution. Related industries Any country. Gardening aficionados, on the other hand, may sell bonsai plants, garden fountains, or rent out the whole garden during special events like weddings. Cons: The challenge of making clothes in a broad range of sizes available. Training celebrities is even a more lucrative business. Running a car wash can earn you a net monthly income of around Php 30,000. eval(ez_write_tag([[300,250],'filipiknow_net-large-leaderboard-2','ezslot_7',186,'0','0']));Hence, it’s not enough to look inside, you also have to look outside. Once you’ve established your brand after a few years, you can earn as much as Php 50,000 per month serving clients in the wedding, corporate, publishing, and/or entertainment industry. Your email address will not be published. You can sell prepaid load with just a basic phone, retailer SIM card, and initial load credits. Competition with nearby sari-sari stores. Offer a car rental service to tourists, business executives, corporate clients, and regular motorists whose cars break down. You can sell prepaid load with just a basic phone, retailer SIM card, and initial load credits. So the more frequent you’re booked, the larger the profit you’ll make. Ingredients like buko and other fruits can easily spoil. It is an investment where you can get rich quick or lose your shirt in a heartbeat. 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. SEC registration – for registering as a partnership or corporation; DTI registration – for registering your business trade name (BTR) Mayor’s business permit – for getting the license to operate in the city or municipality and payment of your local business … 48. 78. TELECOMS. Providing hire car / Taxi Services Business is also a good business opportunity in the Philippines. business in the Philippines. This online business can earn you an average margin of 30% (for common products) to 200% (for rare or upscale products). Free or discounted financial education training. This system relies on your chart of accounts or COA, which is a listing of all the accounts found in the general ledge that your business will use to record accounting transactions. Whether you’re a college student looking for extra income, a corporate employee who is sick of running the rat race, or a housewife who wants to supplement your husband’s income, finding a winning business idea is the first step towards achieving financial freedom. Great way to earn money from selling your skills and improving your digital marketing knowledge. Why it’s a profitable business: Siomai is among the easiest businesses to set up in the Philippines. If you’re thinking of starting a small business in the Philippines, there’s no better place to start looking for ideas than your own community. And with the many air, land, and water adventure destinations in the Philippines, you can offer different tour packages to young adventure junkies. Address: 280 P Tuazon Boulevard 1100 Quezon City Metro Manila, Quezon City, Metro Manila. See full address and map. If you're looking for a way to make a significant change in your life this 2020, I hope this article will give you a head start. Foreign Exchange Currency Trading or Forex Trading is the “Fast and the Furious” of high-level finance. 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. See full address and map. SPECIAL REPORT: Insider trading still prevalent in Philippines . Fixing cars is usually taxing (unless you hire mechanics and focus on managing your shop). Nowadays, there’s a growing preference for natural personal care products among health-conscious and environmentally conscious consumers. With expertise across more than 40 industries and all business functions, it delivers transformational outcomes for a demanding new digital world. This article will give you some ideas for business opportunities in the Philippines. Why it’s a profitable business: The demand for CCTVs is growing in the country. Why it’s a profitable business idea: Many social media-savvy millennials are conscious about their looks and health. Entrepreneurs with deep interest, patience, and commitment in baking and managing a bakeshop. Employees who want to earn extra income in their free time. Selling street food returns great profits, too. Located in a high-traffic area, a sari-sari store can make Php 700 to Php 2,000 daily. Pinoys on a tight budget flock to ukay-ukay stores to shop for second-hand clothes at bargain prices. 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. Why it’s a profitable business: If you love to tinker with cars, a talyer makes a good small business idea. Categories: Trading Companies, Address: 280 P Tuazon Boulevard 1100 Quezon City Metro Manila, Quezon City, Metro Manila. Increase your business in the Philippines with Market Reports, Business Tips, Agents & Distributors and Import Export Services. Makeup artists and enthusiasts who want to earn money from their passion for cosmetics, Can start the business from home (or traveling to clients’ locations) at a low startup cost, Can start as a side business while maintaining a full-time day job, Paying expensive tuition if you take up a makeup artistry course in a beauty school, Zero to low earnings in the first few years, as you’re honing your skills and building your brand as a makeup artist, Need to invest in a vehicle, so you can quickly go to your clients and conveniently bring your professional makeup kit. Looking for a Business or Franchise for sale in the Philippines? The Business model is sustainable because boxes are recyclable, and materials can be sourced from local communities. Why it’s a profitable business: There’s a large market for a videoke rental in the Philippines, even in remote barangays where singing is a favorite activity in birthday and fiesta celebrations. Parents enroll their children for music lessons, especially during summer. Zero/low rental fee; can be installed in a space as small as 20 square meters and in a home. Address: F Jacinto House 1200 Makati Metro Manila, Makati, Metro Manila. So use this list as an inspiration but never let forget to take action. Entrepreneurs with passion and experience in cooking who want to make it big in the food business. 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. Requires a lot of work: supervising workers, paperwork, sourcing car parts, etc. Some adults also want to learn this critical life skill. Cons: Difficulty finding initial clients. Why it’s a profitable business: Most Filipino families consume meat daily. Building software programs or mobile apps is a lucrative freelance business for web developers. Ideal for: Anyone with the passion and patience for running a processed meat business. Source cheap yet quality products from Divisoria, Taytay Tiangge, and ukay-ukay stores. Soap making can be a lucrative business, especially when you receive bulk orders from stores for reselling or corporate clients for giveaways. Tedious and time-consuming food preparation. Pet care businesses usually require clients to leave food for their pets. You can start small by offering services within your specialization, whether it’s SEO, PPC, content writing, web design, or web development. Cons: Driving under the rain or intense heat of the sun. There has been a boom in virtual assistant (VA) companies in the Philippines because of the growing demand for Filipino VAs. Music Education graduates or those who are highly skilled in playing guitar with good communication skills. In Metro Manila and other key cities in the Philippines, app-based ride-hailing services, also known as transport network vehicle service (TNVS), are enjoying a higher preference among commuters over taxis for their premium service—even if their rates are higher. The challenge of finding qualified transcriptionists with a medical background plus fast and accurate transcribing skills. Even if several photocopy businesses are already existing in your area, you can still beat them by offering higher-quality services at lower costs. One example is Airbnb’s business model of renting homes, apartments, rooms and bed spaces for travelers. Doing what you love while making money from it. Cons: Requires knowledge and skills in handling different animals, breeds, and temperaments. Capital: Php 1,000 (home-based) to Php 15,000 (mobile cart). 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. Chicken Rotisserie (Lechon Manok) Business. Of particular interest are the lucrative ASEAN market or trade opportunities with East Asia. You’ll only need to buy cages and have enough space where your clients’ pets will stay. 49. Why it’s a profitable business idea: Running a buy-and-sell business is now easy through the internet. Take it from the rags-to-riches story of a garbage collector, Open-minded entrepreneurs who have adequate space and proper location for a warehouse and can negotiate for best deals with recycling agents, The ability to support environmental conservation efforts through proper waste disposal and earning good money from it, Complying with strict government requirements and regulations. Address: 18 Hernandez Avenue 1700 Paranaque Metro Manila, Paranaque, Metro Manila. 44. READ: How to Start a Bakery Business in the Philippines. A tapsilog business offers great potential for growth. REAL ESTATE. Ideal for: Book enthusiasts and anyone with massive book collections at home (and are willing to let go of them in exchange for cash), Cons: Needs a lot of patience, hard work, and determination, especially during weeks and months of no sales. No need to build or rent an office, as this business can be started from home. v. Trading industries include the sari-sari store and other businesses that profit through a simple buy-and-sell transaction. For example, an ice cream business needs raw materials like milk and sugar in order to product their ice cream. Profitable addition to a street food business or kakanin business. Ideal for: Housewives and anyone looking for affordable home-based business ideas, Cons: To sustain the business, you need connections with laundry shops, restaurants, eateries, and other businesses that use liquid detergents. Can start the business from home or offer home service (fixing client’s computer on-site) to save on rental or shop construction cost. Business growth potential: Start selling in small quantities and later on produce bigger quantities and sell them to resellers and distributors for higher profits. Why it’s a profitable business: Ever considered becoming a full-time professional blogger? There’s an increasing demand for cleaning services, especially in Metro Manila where people lead fast-paced lifestyles. 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. Simple jobs like these can earn as much as Php 1,000 to Php 2,000 daily. Under Section 25(A)(1) of the Philippines Tax Code, a non-resident alien who stayed an aggregate period of more than 180 days during any calendar year shall be deemed a non-resident alien doing business in the Philippines. Categories: Trading Companies, Address: Don Santiago Building Manila Metro Manila, Manila, Metro Manila. This lucrative business yields a net profit of Php 700 to Php 2,500+ per sack of flour or Php 2,000 to Php 6,000 daily. Why it’s a profitable business: Do you collect toys, vintage items, books, comics, or any rare finds? Clients pay around Php 2,000 to Php 3,000 per one-hour life coaching session. Prone to pest infestation and early spoilage if storage is in poor condition. Categories: Trading Companies, Address: Sks Royal Manor Building Manila Metro Manila, Manila, Metro Manila. Do you love makeup? Related Article: 25 Best Online Part Time Jobs in the Philippines (Up to Php 50K+/month). Do you love hiking, surfing, paragliding, or any other outdoor activity? Turn them into candies and sell the finished products to tourists. Move the food cart franchise ) website ) per sack of flour Php. 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