The holiday
season slowly goes off, so the question now may be is how to make it last
longer or the more interesting question is, how to make the money the season
left in your hands even more and last even longer? Well you have all the
options under the sun, but a smart choice is to either put it in the banks,
donate parts of it, build a trust fund or invest in something you love or in a
business venture.
And worry
less, the fact that you are considering this article means that there is an inner-entrepreneur
inside you, all you have to do is move a little, shake shake and wake up that
spirit in you. So we present you a list of the small business ideas that you
can realize this 2017.
1. Sari-Sari
Store Business
A place where
almost everybody is passing by is a strategic location to put up a sari-sari
store. A sari-sari store is the most typical business that Filipinos do. ''Sari-sari''
is a tagalog word which means different stuff. In this kind of business, variety
of items including snacks is being sold to earn profit.
Although
putting up a sari-sari store business is not a big wheel business, it is very
effective in gaining profit from a small capital (probably from 5,000 to 10,000
pesos depending on the variety of items to sell)
2. Buy and
Sell Business
Today, Buy
and sell business can also be done while you are browsing the web. According to
powerpinoys.com using Social media is the fastest and easiest way to sell
products nowadays.
From the word
itself - Buy and sell, this is a business where you will buy products and sell
them at a fair price. The capital you need here depends on the products that
you will include in the business. (5,000-10,000 pesos but this may go higher or
lower depending on the orders that you will get)
3. Water
refilling station or a Rice retailing business
Water
stations can be very profitable. Imagine the cost of your capital VS the price
when you sell it. Although you need quite big amount of capital to start
especially for the equipment to be used, it is actually easy to get your
investment back especially when you earn the trust of your regular customers.
According to
rappler.com, an average Filipino family consumes 568kgs of rice per year. Since
rice is our stable diet and necessity, a rice retailing business will not run
out of customers because almost everyone in the Philippines eats rice.
The capital for
this two business ideas may range from 10,000 and above depending on how big or
small the rice retailing business it will be.
5. Event
Organizer / Event Planning Service
Special
occasions here in the Philippines happen almost every day. There will always be
birthday parties, wedding ceremony, anniversary celebration and other occasions
that will be needing event organizers and coordinators. The beginning of this
year can be a great start to cover all the events that will occur through the
whole year. All you need here is a small to average capital and a lot of
communication and creative skills. If you want a real low cost business, this
is perfect for you.
5. Blogging
81% of
companies consider their blogs "useful," "important," or
"critical". But most companies do not have content writers, so often
they outsource the blogs and articles that they post. There is a huge market in
blogging and online writing plus the capital is very natural - your writing
skills.
This is just
a shortlist of the business that you can start right over. Let’s welcome 2017
with a new year of business opportunities in the Philippines. Wake up that
entrepreneur spirit in you. Move a little, Shake shake and Start a business.
Sources:
By: Shyro Ann Payumo
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