The coronavirus disease (COVID-19) pandemic has posed an unprecedented impact on the world, from health concerns down to livelihood apprehensions. Stories about vast redundancies, supply chain interruptions, as well as the increasing number of cases and fatalities have sent shock waves across the globe, making it easy for anyone to fall into a mishmash of negative emotions.
Indeed, there’s no easy way to earn money. Overseas Filipino Workers can especially attest to this, as they undergo various hardships abroad. Especially today, 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 | Online Food Business
Despite the dim outlook we face today, Filipinos have instead found a way to take this as a chance to discover novel trends and income opportunities. In the Philippines, many have found comfort in their kitchens, navigating through culinary experiments that resulted in one-of-a-kind recipes and reinvented dishes. Since the quarantine measures, Filipinos have started putting twists on famous meals, sharing and selling them online for everyone to taste. Indeed, food has once again united the country. Among the dishes that trended amidst this quarantine period include baked sushi, ube cheese pandesal, and sweet delicacies.
