Many Filipinos give up their 9-to-5 jobs mainly because they want to build their businesses. If you’re one of them, this list of small business negosyo ideas in the Philippines can help.
After all, several Filipinos want to be their own boss and control their time. Owning a business also gives people the chance to earn more than they earn through their 9-to-5 jobs.
If you’re looking to start a small business in the Philippines, you’re at the right place.
In this post, we will discuss the top small business ideas in the Philippines you can use to start your own thing.
Small Business Ideas Philippines
- Sari-Sari Store
- Cellphone Loading Business
- Baking Business
- Milk Tea Business
- Rice Retailing Business
- Beauty Products Reselling Business
- Printing Business
- Online Tutoring Business
- Ukay-Ukay Business
- Cafe or Coffee Stand
- Pizza Stand
12 Small Business Ideas Philippines
Here are 12 small business ideas Philippines:
1. Sari-Sari Store
A sari-sari store business is among the most common small businesses in the Philippines. It can even be argued that it’s the most common one. You can also find a sari-sari store on almost every street in the Philippines.
Commonality aside, setting up this type of business becomes easy since you can put up a sari-sari store in front of your house.
The term sari-sari roughly translates to variety. This means that you can sell various items in a sari-sari store. These items can range from shampoo and soap to garlic and onion. You can even put up a loading business (more about this later) with a sari-sari store for more income.
In a gist, you can sell just about any type of everyday product in a sari-sari store. When managed properly, a sari-sari store can be a great source of income. Sari-sari stores have an average net profit margin amounting to 20%.
There are many reasons why Filipinos put up sari-sari stores.
For one, a sari-sari store requires low capital. 93% of sari-sari store owners set up the said business in front of their homes. They also do not have to do major renovation work to set up sari-sari stores, as the business does not require big and open spaces like convenience stores. You can also get loan from the government for your initial capital.
In addition, the initial capital for approximately one week’s worth of products starts at as low as 10,000 PHP. The capital may go down if the sari-sari store is small.
Second, a sari-sari store describes a straight cash business. Credit and debit cards don’t get accepted. If you open a sari-sari store, you don’t have to worry about not having enough cash to buy next week’s inventory. As long as you manage your earnings properly, of course.
2. Cellphone Loading Business
Perhaps one of the easiest yet safest small business ideas Philippines is the phone loading business. You can start earning at home, at the office, or almost anywhere for as low as 5,000 PHP.
However, unlike other small business ideas for beginners, you cannot expect to earn much from this business. Why? Because as a load retailer, your earnings get limited from 5% to 15% per transaction.
For instance, a prepaid load worth 50 PHP will be deducted as 47 PHP from your load wallet. Depending on the telecommunications company, this leaves you with a 3 PHP profit.
Phone loading businesses are found everywhere. So, you get a lot of competition. Given this, the profits become lower.
To supplement this, Filipinos usually simultaneously put up a sari-sari store and a loading business.
On the bright side, Filipinos need a load every day. Whether they need it for sending regular messages and doing regular phone calls or using it as mobile data, you can be assured that people need your services.
In addition, Filipinos love to keep in touch with their family members, friends, and special someone. Interestingly, the Philippines got crowned as the highest consumer of cellular load.
The Philippines also got crowned as the social capital of Southeast Asia. Using social media is a top activity for most Filipinos; load has become a daily need.
Next, a cellphone loading business is convenient. The said business, therefore, becomes perfect for stay-at-home family members who want to earn while watching over their children or grandchildren.
These make a phone loading business one of the great small business ideas Philippines.
3. Baking Business
Another amazing small business idea in the Philippines involves something Filipinos love― desserts.
If you love baking desserts for your family and friends, you might want to consider starting a baking business. In any event that you become confused about running this type of business, you can check out our article about how to tell if a baking business does well.
In addition, bread is the Philippines’ second staple next to rice. Almost every Filipino eats and likes bread. Though eaten mainly as breakfast and snack, bread can also be taken during lunch and dinner. Given this, you already have a set of customers― almost everyone.
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Putting up a baking business from home is among the most fun ways to earn money. If baking is your passion, starting this kind of business duels that passion.
On the other hand, while doing your passion seems easy, you need to consider other factors. These include getting your baking supplies from a reputable supplier. If you want to check out one, you can visit our baking supplies online store.
4. Milk Tea Business
One of the fastest-growing small new business ideas Philippines again involves something Filipinos love― milk tea.
With as little as 10,000 PHP, you can start your milk tea business and join the hype. After all, the hype makes sense because Filipinos crave milk tea. Plus, those chewy boba pearls can make anyone scream in delight.
In addition, milk tea is popular all year round. You can drink it during the summer and on rainy days. The weather usually doesn’t matter, especially to millions of milk tea lovers.
Plus, pretty much everyone wants refreshing and mouth-watering milk tea when they get thirsty, hungry, or both.
Online suppliers also make entry to this type of business easier. Nowadays, you can easily find online suppliers offering complete packages that include milk tea mixes, equipment, and utensils. Milk tea franchising is rampant in the country as well.
If you want to start small and curb the risks, you can set up your business in front of your house. As an alternative, you can build a small stall or cart. You can also take orders online and offer delivery and pickup.
5. Rice Retailing Business
Every Filipino eats rice every day, if not every meal. From breakfast to dinner, rice has been a staple in the country for decades. Opening a rice retailing business, therefore, becomes a great idea.
However, for this business to succeed, you must choose a location with lots of foot traffic.
Since rice is a staple in the Philippines, rice retailing businesses can be found almost anywhere.
For instance, putting your rice retailing business in a market works.
In addition, the prices must be competitive. However, this does not mean you have to sacrifice the quality of the rice.
Most rice retailers offer different point prices to offer customers the rice variety that suits them. You can do this as well.
With just a capital ranging from 50,000 to 100,000 PHP, you can open a rice retailing business in the Philippines.
6. Beauty Product Reselling Business
The Philippines’ beauty industry is worth 152 billion PHP. That number is projected to reach 213 billion PHP by 2023.
Hence, capitalizing on the booming industry can work well for you.
One of the best and safest small business ideas Philippines related to beauty is reselling.
With capital as low as 5,000 PHP, you can start reselling beauty products. You can sell them to friends and family members.
A beauty reselling business also has a low-risk approach to retail. Those who plan to enter the retail business can use reselling beauty products as a starting point and gain experience in retail.
Lastly, reselling is a highly accepted retail concept in the Philippines. This means that you do not need to heavily promote your products. Why? Because people will come to you for their beauty needs or to earn their profit.
You can resell products from established brands such as Avon and Natasha to enter the market with less risk.
Other Helpful Resources by HICAPS
- 20 Kitchen Tools and Equipment Every Cook Must Know
- Why Is It Important to Sanitize Kitchen Tools and Equipment?
- Most Popular Bread and Cake Flavors List in the Philippines 2021
- mL to Grams Conversion Chart in Baking
- Tablespoon to Cup Conversion Chart
7. Printing Business
The printing industry has come a long way in the Philippines. In the past, people did not have easy access to printing stores.
Now, people have easy access to them. This means that the demand for printing has increased in the past decade.
So, taking advantage of this can work well for your printing negosyo ideas in the Philippines.
In addition, printing products such as tarpaulins, cards, flyers, and customized items have been used by Filipinos. They use it for birthdays, weddings, campaigns, and the like.
8. Online Tutoring Business
Learning has become more accessible thanks to the internet. Sharing your knowledge has been easier as well.
Given this, opening an online tutoring business or any online educational business becomes a great idea.
You can teach people through Zoom or Skype. As an alternative, you can record courses and sell them.
9. Ukay-Ukay Business
With the popularity of ukay-ukay stores, buying thrift items has been a common activity for Filipinos.
Thus, an ukay-ukay venture has become one of the best and most cost-effective small business negosyo ideas Philippines. You can start an ukay-ukay business for as low as 3,000 PHP.
You can also set up a stall in a place with lots of foot traffic. If you don’t have the capital or a place to rent, you can sell ukay-ukay online.
To do so, you need to make the ukay look great, take photos, and post them online. The best platforms for selling ukay online are Facebook and Instagram.
In addition, this business can give you a steady source of income as it’s a cash-based venture.
Do you have a knack for making engaging videos and being in front of the camera?
Vlogging can be your next small business idea in the Philippines.
Millions of Filipinos watch YouTube every day, so this can work well. Some Filipino YouTubers became millionaires, thanks to the money they get from ads.
Additionally, vlogging can become a passive income source. The videos you record can earn you money in perpetuity.
You also don’t need fancy equipment to begin. You can use your smartphone for starters.
11. Cafe or Coffee Stand
A coffee stand is a fantastic way to get your business up and running with minimal start-up costs. You can operate this type of business out of a small kiosk or even a mobile cart, making it easy to set up shop almost anywhere.
Of course, location is key when it comes to running a successful coffee stand business. Ideally, you should find a spot that gets high foot traffic but isn’t already saturated with other coffee vendors.
Once you’ve found the perfect spot, start promoting your business by handing out flyers and offering discounts to customers. Don’t forget to offer a variety of both hot and cold coffee drinks to appeal to a wider range of customers.
With some hard work and luck, you’ll soon have a thriving coffee stand business.
12. Pizza Stand
Have you ever dreamed of opening your own business? If so, have you ever considered a pizza stand? Pizza stands are a great way to get started in the food industry. They are relatively easy to set up and require minimal start-up costs. Plus, who doesn’t love pizza? Pizza stands can be profitable businesses located in high foot traffic areas.
If you are considering starting a pizza stand, here are a few things to remember.
First, you will need to find a good location. Ensure your stand is visible and easily accessible to the target market.
Second, you will need to purchase high-quality ingredients. Remember, your pizza is only as good as its ingredients.
Third, you will need to create a marketing strategy to attract customers. Consider offering discounts or promotions.
Fourth, you will need to ensure your pizza stand is always clean and inviting. Customers will not return if they have a bad experience.
Finally, don’t be afraid to get creative! There are endless possibilities when it comes to pizza toppings and recipes. With a little hard work and dedication, your pizza stand can be a success!
Frequently Asked Questions About Small New Business Ideas Philippines
Digital Marketing Services
Manufacturing or selling ready-to-assemble furniture
Storage Rental Services
Smart home & automation service
Start A Freelance Writing Business
Become A Vlogger In the Philippines
start A Small Food Kiosk Business
Start An Online Selling Business Philippines
Open A Small Cleaning Business
Perfumes and colognes
Selling Ice Cream
Aromatherapy Air Freshener
Homemade Fruit Preserves
Shared home improvement equipment
Courses in other hobbies
Bookkeeping and accounting
Social media management
Virtual assistant services
There you have it, folks— the top 12 unique business ideas in the Philippines.
Did you find any small business idea that suits you? Do you want to start on it soon?
If you’re into baking and want to open a baking business, we can help. You can check our baking supplies online store, contact us using the form below, or both.
Good luck! HICAPS wishes you all the best with your business endeavor!
Over the years, HICAPS has helped bakers and businesses make delicious products by offering ingredients like ChiffonAide Cake Oil, Magic Whizk Whipping Cream, Red Velvet Flavor Emulco, and Instabake Brownie Mix.
HICAPS also provides tools and resources to valued partners such as the free “How to Increase Your Sales Amidst the Pandemic” E-book and free dealer locator that helps look for baking ingredients near me.
Want to be one of our valued partners? Fill this form out. Looking forward to talking to you soon!
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- About the Author
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Mervin Manalo is a Chemical Engineer who graduated from De La Salle University in Manila, Philippines. He has over 20 years of experience in the food industry and currently serves as President and CEO of HICAPS Mktg. Corp., a provider of prime baking ingredients.
He also attended a mini MBA program at Guthrie-Jensen, which helped him broaden his business knowledge and skills. Under his helm, HICAPS expanded its business and helped more clients grow thru the years. He loves technology and new trends and is always looking for ways to improve his products and services.