Advertisements
Do you know that starting a business does not require millions of cash? In fact you can start your own with as small as P2,000. Yes. All you need is the willingness and sustained eagerness to run it and make it grow. However, some businesses would require equipment and skills but it is not impossible o acquire it. When it comes to market, you can maximize social media and technology to work on your advantage.
Here are five business ideas you can put up with a capital as low as P2,000 to P350,000.
Here are five business ideas you can put up with a capital as low as P2,000 to P350,000.
Who doesn't have a smartphone nowadays?
For as low as P2,000, you can start loading business and earning at home or even almoist anywhere. However, unlike other small businesses, don’t expect to earn much from this venture. As a load retailer, you get your earnings through a commission, which can be 3% to 13% per transaction. For example, a prepaid load worth P50 may deduct P47 from your load wallet, leaving you with a P3 profit. This, of course, depends on your chosen telecommunication company.
For as low as P2,000, you can start loading business and earning at home or even almoist anywhere. However, unlike other small businesses, don’t expect to earn much from this venture. As a load retailer, you get your earnings through a commission, which can be 3% to 13% per transaction. For example, a prepaid load worth P50 may deduct P47 from your load wallet, leaving you with a P3 profit. This, of course, depends on your chosen telecommunication company.
Items to invest in: Basic phone, retailer SIM card, starting balance of P500
Cost estimate: P2,000 to P3,000
Sponsored Links
Do you like baking during free time? Why not turn your hobby into a business? A cake and pastry business is a great way to earn money even at home. With a low capital of P3,000, you can start baking bread and cupcakes to friends and on social media. Start by determining the audience you wish to cater to (moms, children, companies, etc.) and attract them into your venture. Identify your specialty and let that be the highlight of your products. Don’t forget to find a supplier who can provide ingredients at a low price and build a Facebook or Instagram page to help you advertise your business.
If you don't have the skills to bake, you can enroll to TESDA baking and pastry course at an accredited training center near you.
Items to invest in: Oven, mixer, cake pans, cupcake liners, decorating tools, cooling rack, measuring spoons, mixing bowls
Cost estimate: P3,000 to P5,000 if you already have equipment. P40,000 to P50,000 is you still have to invest in equipment and materials.
It’s easy to earn from a t-shirt printing business, especially if you already have connections within companies and organizations. Apart from customized tees, you can also focus on printing office uniforms, jerseys, hoodies, and canvas bags. However, before putting up this kind of business, it is best to learn different printing methods (digital printing, silkscreen, direct to garment) for a more specialized venture. You can start your business at a spacious garage at home or rent a small commercial space.
Items to invest in: Computer, printer for pigment ink, printer for sublimation ink, heat press, silk screen line table, rotary press, flash dryer, frames, squeegees, t-shirts
Cost estimate: P150,000 to P200,000
Items to invest in: Computer, printer for pigment ink, printer for sublimation ink, heat press, silk screen line table, rotary press, flash dryer, frames, squeegees, t-shirts
Cost estimate: P150,000 to P200,000
Interested in owning a food cart business? Find a food cart franchise that suits your budget, interest, and target market. Food carts offering one or two products typically start at a franchise fee of P50,000, which includes equipment, training, and marketing support. More popular food cart franchises like Potato Corner and Bibingkinitan can cost as much as P300,000.
When investing in a food cart business, choose a location with good foot traffic such as malls, terminals, and cafeterias. Also, don’t forget to secure an emergency fund for unforeseen circumstances. Remember that real profit only comes in once you’ve earned the money you’ve invested in your franchise fee.
Items to invest in: Whatever item you think can improve your business. Franchisors usually provide equipment and initial supplies to help start your business.
Cost estimate: P50,000 to P300,000
When investing in a food cart business, choose a location with good foot traffic such as malls, terminals, and cafeterias. Also, don’t forget to secure an emergency fund for unforeseen circumstances. Remember that real profit only comes in once you’ve earned the money you’ve invested in your franchise fee.
Items to invest in: Whatever item you think can improve your business. Franchisors usually provide equipment and initial supplies to help start your business.
Cost estimate: P50,000 to P300,000
If you are living in an area where clean drinking water is an issue, take the opportunity and put up a water refilling business. There is a high demand for clean and drinkable water especially in rural areas. With a budget of P100,000 you can franchise a water refilling station. Starting your own brand, on the other hand, can cost as much as P350,000. The investment is worth the money, though. Water is highly profitable and does not expire unlike other products in the market.
Items to invest in: Water refilling machine, slim water bottles, round water bottles, heat gun, stickers, delivery vehicle
Cost estimate: P100,000 to P350,000
Items to invest in: Water refilling machine, slim water bottles, round water bottles, heat gun, stickers, delivery vehicle
Cost estimate: P100,000 to P350,000
With strategy and determination, you can be your own boss even with low capital. Determine your market and find a sustainable business that suits your passion and is highly profitable as well.
Source: MoneyMax
Advertisement
Read More:
Read More:
Popular Pinoy Stores In Canada
10 Reasons Why Filipinos Love Canada
Comparison Of Savings Account In The Philippines: Initial Deposit, Maintaining Balance And Interest Rates Per Annum
Mortgage Loan: What You Need To Know
Passport on Wheels (POW) of DFA Starts With 4 Buses To Process 2000 Applicants Daily
Jobs Abroad Bound For Korea For As Much As P60k Salary
Command Center For OFWs To Be Established Soon
Read More:
Popular Pinoy Stores In Canada
10 Reasons Why Filipinos Love Canada
Comparison Of Savings Account In The Philippines: Initial Deposit, Maintaining Balance And Interest Rates Per Annum
Mortgage Loan: What You Need To Know
Passport on Wheels (POW) of DFA Starts With 4 Buses To Process 2000 Applicants Daily
Jobs Abroad Bound For Korea For As Much As P60k Salary
Command Center For OFWs To Be Established Soon
©2017 THOUGHTSKOTO
SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below