Top 5 Lucrative Business Ideas in the Philippines with 100,000 Pesos Capital
Are you tired of working for someone else and want to start your own business? Are you looking for profitable business ideas in the Philippines with a capital of 100,000 pesos or less? You’re in the right place! In this article, we’ve compiled a list of top 5 business ideas that can help you be your own boss and earn a good profit.
1. Food Cart
One of the most popular and profitable business ideas with a low capital investment is a food cart. You can start a food cart serving popular Filipino street food such as siomai, fish balls, kwek-kwek, or even your own recipe. With a capital of 100,000 pesos or less, you can purchase a food cart and equipment, and start selling your delicious dishes to people in your community or even to customers in busy streets or public places.
2. Retail Business
Another lucrative business idea is to start a retail business. You can sell affordable yet trendy items such as clothes, shoes, bags, or accessories. You can start by renting a stall in a nearby marketplace, where a lot of people come for shopping. With a capital of 100,000 pesos or less, you can purchase your initial inventory and start attracting customers with your products.
3. Online Selling Business
With the rise of e-commerce, starting an online selling business has become one of the most profitable business ideas today. You can sell anything from homemade products, clothes, gadgets, to cosmetics, and more. With a capital of 100,000 pesos or less, you can create your own online store or sell on popular e-commerce websites such as Lazada or Shopee. You can also create a social media account for your business and start promoting your products to your potential customers.
4. Photography or Videography Business
If you have a talent for photography or videography, you can turn it into a profitable business. You can offer your services for weddings, birthdays, or other events in your area. With a capital of 100,000 pesos or less, you can purchase good quality equipment, create a portfolio, and start attracting clients with your skills and creativity.
5. Personal Services Business
Another business idea that requires less capital but can generate good income is a personal services business. You can offer services such as house cleaning, laundry, pet grooming, or tutoring. With a capital of 100,000 pesos or less, you can purchase basic equipment, create a website or social media account, and start offering your services to people in your community.
In conclusion, there are several lucrative business ideas in the Philippines that you can start with a capital of 100,000 pesos or less. These include a food cart, retail business, online selling business, photography or videography business, and personal services business. Remember, starting a business requires hard work, determination, and perseverance. With the right attitude and proper planning, you can turn your small business into a successful one.