There’s no easy way to earn money. Overseas Filipino Workers can especially attest to this, as they undergo various hardships abroad.
Hard-earned cash can easily add up to nothing if not invested properly. So, if you’re planning to grow your savings, here are some businesses you can easily start in the Philippines with a budget of P15,000:
1 | Sari-Sari Store
Sari-sari stores play a significant role in any Filipino community. These small to medium stores are one of the most common form of livelihood in the country because of its accessibility and variety. P10,000 is usually enough money to start a small one.
2 | Food Kiosk
Franchising small food cart businesses are becoming more and more popular in the Philippines and to OFWs. You can opt to franchise well-known brands or set up your own food cart by contacting a food cart fabricator. Some food cart enterprises offer single food cart packages for as low as P15,000.
3 | Online Clothing Business
Online clothing businesses are very prolific in the Philippines at the moment. If you’re planning to start one, determine your target market first and identify what type of clothes wear you would like to sell. Store your inventory properly and make sure to take stunning photos of the product before posting online to make it more sellable.
4 | Tiangge or ukay-ukay
As OFWs spend years abroad, many personal items especially clothes and items end piled up inside closets at home. Make cash out of used clothes or overruns by setting them up in an ukay-ukay or a tiangge. Many Filipino patronize it because of cheap prices.
5 | Street Food Business
Fish ball, kikiam, cheese sticks, kwek-kwek, and isaw are some of the Filipino snack staples most Filipinos eat daily. This type of business requires a relatively small capital, but it’s something that will thrive even for the years to come.
