5 Easy-to-Manage Businesses You Can Start in the Philippines for Under 100k

Starting a business in the Philippines doesn’t have to break the bank. With an investment of under 100k, you can launch a profitable and easy-to-manage business. This guide highlights five such businesses, providing you with insights on startup costs, potential earnings, and tips for success.

1. Sari-Sari Store

Overview: A Sari-Sari store is a small neighborhood convenience shop that sells daily necessities such as snacks, drinks, and household items.

Startup Costs:

• Initial Inventory: ₱30,000
• Store Setup: ₱20,000
• Miscellaneous (licenses, permits): ₱10,000

Total: ₱60,000

Management Tips:

• Location: Choose a spot with high foot traffic, like near residential areas.
• Inventory: Keep track of best-selling items and restock them regularly.
• Customer Service: Build good relationships with your customers to encourage repeat business.

2. Online Selling Business

Overview: Online selling involves buying and selling products through e-commerce platforms like Lazada, Shopee, or social media.

Startup Costs:

• Initial Inventory: ₱30,000
• E-commerce Setup: ₱10,000
• Marketing and Ads: ₱10,000

Total: ₱50,000

Management Tips:

• Product Selection: Choose trending and in-demand products.
• Marketing: Use social media to promote your products and reach a wider audience.
• Customer Service: Provide prompt responses and reliable shipping to build customer trust.

3. Food Cart Business

Overview: A food cart business involves selling popular street foods such as fish balls, kwek-kwek, or siomai in high-traffic areas.

Startup Costs:

• Food Cart: ₱30,000
• Initial Inventory: ₱20,000
• Permits and Licenses: ₱10,000

Total: ₱60,000

Management Tips:

• Location: Set up your cart in busy areas like markets, schools, or transport hubs.
• Quality: Ensure the food is fresh and of good quality to attract customers.
• Variety: Offer a variety of items to cater to different tastes.

4. Laundry Service

Overview: A small-scale laundry service offers washing, drying, and ironing services for busy individuals and families.

Startup Costs:

• Washing Machine and Dryer: ₱50,000
• Initial Supplies (detergents, hangers): ₱10,000
• Miscellaneous (permits, signage): ₱10,000

Total: ₱70,000

Management Tips:

• Efficiency: Provide quick turnaround times to keep customers satisfied.
• Pricing: Offer competitive prices and discounts for regular customers.
• Marketing: Advertise your services in local communities and online.

5. Tutorial Services

Overview: Offering tutorial services for subjects like Math, English, or Science to students in your community.

Startup Costs:

• Learning Materials: ₱10,000
• Marketing: ₱5,000
• Miscellaneous (licenses, permits): ₱5,000

Total: ₱20,000

Management Tips:

• Expertise: Ensure you or your tutors are knowledgeable in the subjects offered.
• Flexibility: Offer both in-person and online tutoring sessions.
• Reputation: Build a good reputation through effective teaching and word-of-mouth referrals.

Conclusion

Starting a business in the Philippines with an investment of under 100k is achievable with the right idea and planning. Whether you opt for a Sari-Sari store, an online selling business, a food cart, a laundry service, or tutorial services, each of these businesses offers potential for growth and profitability. With dedication and smart management, you can turn your small investment into a thriving venture.