If you’re looking for small businesses with high-profit potential, here in this list, we’ve included some of them.
The Philippines is located at the heart of Asia and has one of the fastest-growing economies in Southeast Asia. It is the second largest English-speaking nation in the world. The Philippines possess diverse natural resource, from minerals to marine.
The Philippines provides a huge market for various businesses. It ranks tenth in the list of the largest gold-producing countries on the entire planet.
Thus, the Philippines is a suitable location for doing business for both locals and foreigners alike.
The Small Business Ideas in the Philippines
Here are some good small business ideas for less than $100k:
Smart Phone Repairing
Mobile phones sell in the Philippines in huge quantities. In fact, the Philippines ranks among the top 12 countries in mobile telephone sales. The smartphone repairing business certainly will grow in the country.
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Sari-Sari Store Business
If you have an empty spot in a busy place, opening up a sari-sari shop there could be profitable. There are lots of Filipinos who earn more than $1,500 a day.
Start a Blog
If you’re passionate about something, you can create a successful online business by blogging about it. Read our comprehensive guide to learn more.
If you’re interested in investing in a legitimate business opportunity that allows you to earn money from your home in the Philippine Islands without having to get up early every morning, completing online survey websites is a good idea.
You don’t even have to leave your house! Just register with them and complete their tasks. You can begin making money immediately by signing up with one of these companies.
Starting a rabbit farming business in the Philippines
Starting a bunny farm is an excellent small enterprise idea for people who want to earn some extra income from their homes. You will require the right breeds of bunnies, pellets, a well-constructed hutch, and labor to get started.
Open an online bakery
You can set up your own little coffee shop in the Philippines. You’ll need baking pans, ovens, mixers, cups, saucers, plates, bowls, knives, forks, spoons, whisks, spatulas, scales, thermometers, pots, pans, cookie sheets, muffin tins, pie crust cutters, rolling pins, and a variety of other kitchen tools.
To get started, you’ll also need ingredients such as beans, rice, sugar, yeast, salt, oil, vinegar, pepper, and spices.
Once you’ve got everything you need, you can begin to prepare food. Start off by preparing basic dishes like soups, salads, pasta, bread, cakes,
Profit from the food industry is high because the economy is growing particularly in cities in the Philippines where people are eating out more often. To be successful in this field, you need to have a passion for food.
Real estate Agency
Many Filipinos have become millionaires by becoming brokers in the real estate industry. Check out http://www.realestatephilippines.com/ for more info.
The laundry or laundromat industry is all about cleaning and folding clothes and linens for customers. This lucrative industry is very easy to get started and suits urban areas like Manila.
One can begin this enterprise with an initial investment ranging from $50,000 to $100,000. You’ll require a washer, dryer, ironing board, and folding table.
You can start a security business by employing and training young people and providing security services to institutions and individuals.
Computer Repair and Maintenance
As the number of people using computers grows, so too will the demand for repair services. You can also offer PC cleaning services.
Create an online shop
With the advent of internet technology, starting an online store is easier than ever before. You can easily set up an online shop without having any technical knowledge. There are various eCommerce platforms where you can get started with your business.
Some of them include Shopify, Magento, BigCommerce, WooCommerce, Volusion, Marketo, Wix, Weebly, and Miva Merchant among others.
These platforms provide you with everything you need to run an online store including payment gateway integration, inventory management, shipping options, customer support, marketing tools, SEO features, analytics, and much more.
If you don’t already have your own products, then take the dropshipping approach to start an eCommerce store.
Advertising Campaign Developer
You can create creative online marketing strategies for your clients, including successful social networking sites, apps, mobile contests/giveaways, videos, email distribution, search marketing, online advertising, etc.
People who like children, and have a great deal of spare-of-the-moment, may begin a childcare service. In doing so, they’ll be providing a sense of relief to others’ kids, and also make some extra cash.
A childcare service is basically just caring for another person’s kid in the event that the parent is unavailable. This sort of home-based business is simple, yet lucrative.
A well-trained professional counselor can help guide students through their careers and provide them with the best options available. It’s important to note that having an advanced degree in counseling can be helpful when starting this type of online coaching service.
Make Money From PTC (Pay To Click) Websites
With no skill or investment needed, anyone can earn some extra cash by simply clicking ads online. Here are several reputable PTC websites where you can get paid-to-click ads.
If you’re knowledgeable about a certain topic, you could provide consulting services to companies or individuals who require help in that area.
You’ll need to know what you’re talking about, however, so make sure you’ve got enough experience to back up your claims.
Producing quality information-based content that attracts readers and clients is one of the greatest content marketing challenges for any company.
You can start this business on your own personal ability or on the basis of creating an online business. Or you can choose to establish a firm for providing high-quality content to your clients.
Freelance copywriters are among the best ways for individuals to earn extra income from their homes without investing anything. They need good writing abilities and knowledge of grammar.
Corporate Hospitality Event Planning
A corporate hosting company provides services to companies who wish to host their own website. They provide shared hosting, dedicated servers, virtual private server (VPS) hosting, cloud computing, and much more.
These companies offer various plans depending upon the type of hosting they provide. Some of these include monthly, yearly, semi-annual, quarterly, half-yearly, and annual subscriptions.
Each plan comes with varying features, so users should choose one based on what they require.
Creating Music Videos
These days a whole range of companies look for music video content for branding purposes. Musicians and artists also use them for promotional purposes. If you’re up for it, then why not give it a go?
You can create an outdoor activity club where members learn new skills together, including mountain climbing, scuba diving, surfboarding, or cave exploring.
If you enjoy creating content and you know the techniques of producing an ebook, then becoming an author might be a good idea for you. You could sell your books through your own website, your personal blogs, or even through Amazon.com.
Every small and large company today is trying to reach out to its target audience through digital means. If you’re an expert at digital communications, eCommerce, and online marketplaces, then you could start this from home.
The growing popularity of online education means that people are able to learn new skills from anywhere. Online learning allows people to study subjects they might not otherwise consider.
In addition, online classes allow students to take part in live discussions and interact with instructors. Students can also access course materials whenever they wish.
If people working in offices don’t have enough free hours to go shopping for themselves, help them by providing them with requirements right at the office.
Finding quality materials at the right prices is the most important thing in this industry.
Brick Making Business
The Philippine real estate sector is expanding rapidly. The demand for affordable housing is rising. Bricks are cheap and easy to make so they provide an inexpensive construction material.
To start your own brick manufacturing company requires a lot of capital investment, land, machinery, tools, manpower, training, etc.
Before starting your own brick factory you should do thorough research about the industry, find out what materials are needed, how much it costs, where can I get them, etc.
Soap is a popular household item used daily by people around the world. In addition to being used for cleaning purposes, soap is also an important ingredient in beauty products such as shampoos and lotions.
However, soaps are not just limited to domestic usage; they are also used in industries such as food processing, pharmaceuticals, cosmetics, and agriculture.
For example, in the agricultural industry, farmers often use soap to clean equipment before planting seeds.
Poultries are becoming increasingly popular in the Philippines. You can start raising chickens at home with very little investment.
Here are some profitable small businesses for beginners in the Philippines. We will explore more with newer ones and we will keep updating you soon.
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