Due to Covid19 pandemic, most Filipinos suddenly unleashed the entrepreneur in them. Even basic essentials like food and other household needs became inaccesible due to limited movement and the call to stay at home.
In this unprecedented time where earning extra income is inevitable, what are the businesses you can start up with just a small capital? Here at PTS, we are sharing 5 business ideas for the small entrepreneur in you.
1. Sari-Sari Store
During this pandemic, we all came to realize that retail business of essential goods like food and basic household needs are important. You can even put this up at the comfort of your own home with just a small capital.
Ideal for:
- A household with an extra space, located in a high-traffic area.
- Any family members who want to help increase their household income.
- Unemployed.
2. Online Selling
Using your social media prowess as your source of income has never been this popular. Most Filipinos during lockdown eventually turned into online sellers instantly! All you need is your mobile device and internet connection to start up.
Ideal for:
- People who love to shop online.
- People who have cooking, baking or arts and crafts skills who can sell their products online.
- Stay-at-home moms, college students, full-time employees, and anyone looking to earn extra income from selling products online.
3. Cellphone Load Retail Business/E-Loading Station
The Philippines has been called the “TEXT” capital of the world due to the large volume of Short Messaging System (SMS) traffic exchange in our country. Now, most telco in the country bundles data usage with basic call and text making this business highly profitable.
Ideal for:
- Stay-at-home moms, full-time employees, and students.
- Entrepreneurs who want to boost income from their existing business like a sari-sari store, internet cafe, pharmacy, etc.
4. Piso Wi-Fi
Take advantage of the Filipinos’ “tingi” culture and obsession with smartphones and social media by opening a Piso Wi-Fi business that provides affordable internet access. You just need to buy a coin-operated internet vending machine and pay for monthly internet connection and electricity.
Ideal for:
- Stay-at-home moms, work from home employees, and students.
- Tech-savvy people who want to earn passive income.
5. Street Food Business
Street food is comparatively cheap and has a wide selection of locally produced ingredients. All you need to find is a strategic location, that might be at the comfort of your home – your garage or gate!
Ideal for:
- Stay-at-home moms, work from home employees, and students.
- Street food enthusiasts with limited startup budgets.
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