If you wanted to grow your hard-earned money, putting up a business is the best decision. Though creating your own business is a risk but if it works, you’ll definitely be thankful to yourself. Besides, there are low-cost businesses that you can start at any time.
If you’re an employee and you saved money while working, you may consider creating your own business and being your own boss. There are so many businesses that you can start, but of course, you will need capital to pursue it. Good thing is that there are so many Low-Cost Businesses that you can start with just a low capital.
There are Low-Cost Businesses that need less than Php 5,000 to start, if you wanted to know what are those business, you may check this: Low Cost But Profitable Business Ideas.
Apart from that, if you have bigger savings there are businesses that you can startup. Like food franchises, there are so many famous food franchises nowadays. If you can afford to pay for the capital you, can start your food franchise business anytime, if you wanted to know what franchises are those, you may check this: Food Franchise Business Under 1 Million
In addition, if you have Php 100,000 savings we have business ideas that will perfectly fit your budget. If you wanted to know what are those, this may help you.
Here is the List of Low-Cost Businesses:
1. Rice Retailing Business
Selling Rice here in the Philippines is very in demand since Filipinos got used to eating rice every meal. In addition to that, what’s good about this business is that rice is a basic need, so there’s no need to pay for expensive advertisements just to promote your product.
Estimated Capital:
Php 80,000 up to Php 100,000
Things Needed:
-Supplier
-Storage
-Physical Store
-Business Permits
2. Water Refilling Station
Clean and safe water to drink is also a basic need so this is a good business to put up as well. In addition, there are so many companies that offer full package water refilling station, you just need to choose what will best fit your budget.
Estimated Capital:
Php 100,000 or more
Things Needed:
-Water Refilling Equipments / Machine
-Physical Store
-Delivery Vehicle
-Business Permit
-Franchise Permit
3. Poultry Business
Poultry business is considered a source of basic needs because meats are in demand here in the Philippines. Everyone loves meat, so if you have a passion for taking care of poultry animals this will be perfect for you. Just make sure that you have a place outside the urban area because poultry gives unpleasant odor due to animal waste.
Estimated Capital:
Php 100,000 up to Php 200,000
Things Needed:
-Poultry Farm
-Chicken / Pig Supplier
-Feeds / Vitamins Supplier
-Business Permits
4. Video / Photography Business
This type of business will be perfect for those who have a passion for photography. This is one of the enjoyable types of business because you will be able to travel just to find a perfect shooting place and earn money at the same time but most importantly, you will make someone’s special day memorable by documenting and capturing all their happy moments.
Estimated Capital:
Php 100,000 or more
Things Needed:
-High-Quality Camera
-Accessories such as tripod, lights, flash, lenses, etc.
-Computer for Editing
-Business Permit
5. Food Catering Business
This business is perfect for those people who love to cook because serving delicious food is their main task. Catering services was usually enjoyed by those who don’t have time to prepare and cook food for a certain occasion.
Estimated Capital:
Php 100,000 or more
Things Needed:
-Utensils
-Food Container
-Manpower
-Delivery Vehicle
-Business Permit
6. Pet Shop Business
If you are a pet lover then this is perfect for you. Taking care of pets is enjoyable. That is why many people would like to have their own pet because dogs are considered man’s best friend. If you already have different breeds of dogs, you can sell their puppies once they gave birth. However, if you don’t have dogs yet, you can find a pet supplier. In addition to that, you can also sell pet’s accessories and supplies for additional income.
Estimated Capital:
Php 100,000 or more (depending on what breed you wanted to sell)
Things Needed:
-Physical Store
-Pet Supplier
-Accessories / Supplies Dealer
-Business Permit
7. Food Franchise Business
If you’re one of those people who wanted to own a food business this is perfect for you. Since the food franchise business is very in demand now, there are so many companies that offer budget-friendly franchising. You can choose whatever you want it can either be a milk tea franchise, siomai,
milkshakes, juice, fries, pizza, etc.
Estimated Capital:
Php 100,000 or more (depending on what franchise your prefer)
Things Needed:
-Physical Store Location
-Utensils
-Employee (if you can’t manage it yourself)
-Business Permit
-Franchise Requirements
Aside from the businesses that were stated above there are still many businesses that you can start up with just a hundred thousand pesos. Just conduct research and make sure you are ready to take the risk because if ever your business gets successful that is definitely a win win situation.
Be the first to comment