Looking for business ideas that won’t cost you a fortune in 2024? Starting a business can be a great way to create an additional stream of income or turn your passion into a full-time career. With the rise of the gig economy and remote work, the possibilities for entrepreneurship are endless.
However, not everyone has the financial resources to start a large, capital-intensive business. For those with limited funds, starting a small business with less than ₱10,000 can be a great way to get started.
Here is a list of businesses that you can start with just ₱10,000 or less!
1. Online retail business
With the rise of Ecommerce, starting an online retail business has become easier and more accessible. You can start an online retail business by creating an account on popular Ecommerce platforms such as Lazada or Shopee. These platforms allow you to sell your products online and reach a wider audience.
With ₱10,000, you can start by buying a few products that you can sell on these platforms. For instance, you can start with fashion accessories such as jewellery or handbags, which are affordable and can be sold at a good profit margin. You can also explore products that are in high demand but are not widely available in the market. With the right marketing and branding strategies, you can grow your online retail business into a successful venture.
2. Food cart
Starting a food cart business is another option that you can explore with ₱10,000. You can start by buying a food cart (not franchising one, there’s a difference), and investing in equipment such as a gas stove, utensils, and ingredients.
With ₱10,000, you can start with a small food cart that sells affordable snacks such as hotdogs, burgers, fries, siomai, kwek-kwek, etc. As you grow your business, you can expand your menu to include more food items. The food cart business is a profitable venture, and you can make a good income by selling your products in high-traffic areas such as schools, offices, or markets.
3. Personalized gift business
Starting a personalized gift business is another great idea that you can explore with ₱10,000. The personalized gift business involves creating customized gifts such as mugs, t-shirts, or keychains, with a customer’s name or photo. You can start by investing in equipment such as a heat press machine, vinyl cutter, and materials such as vinyl, transfer paper, and blank products.
With ₱10,000, you can buy the equipment and materials needed to create personalized gifts. You can sell your products online or in high-traffic areas such as malls or markets. The personalized gift business is a profitable venture, especially during special occasions such as birthdays, weddings, or Christmas.
4. Laundry business
Starting a laundry business is another profitable venture that you can explore with ₱10,000. The laundry business involves providing laundry services to customers who do not have the time or resources to do their laundry. With ₱10,000 and a washing machine, you can just invest in detergents, fabric softeners, and other materials needed for laundry services.
You can offer your services to customers in your neighborhood or set up a pickup and delivery system. The laundry business is a profitable venture, especially in areas where there is a high demand for laundry services.
5. Pet grooming business
If you love pets and have experience grooming them, you can start a pet grooming business. With ₱10,000, you can buy grooming tools, such as clippers, scissors, brushes, and shampoo, and offer your services to pet owners in your area. You can also offer additional services such as nail trimming, teeth cleaning, and a flea treatment.
We Filipinos are fond of pets, especially furry ones like cats and dogs, and a pet care service is a great way to tap into this market without a huge startup capital!
6. House cleaning business
Starting a house cleaning business is a great way to earn money by offering cleaning services to busy homeowners. With ₱10,000, you can buy cleaning supplies, such as detergents, mops, brooms, and vacuum cleaners, and start advertising your services in your area.
‘You can also offer additional services such as laundry, ironing, and dishwashing.
7. Homemade food business
If you enjoy cooking, you can start a homemade food business by selling your delicious dishes. With ₱10,000, you can buy ingredients and equipment such as cookware, utensils, and packaging materials. You can sell your food products online or in your neighborhood, and even offer catering services for small events.
At first, starting a food business may not seem like the most lucrative option, but if you do it right, this is one of those ideas that have the potential to take off. Think about it – everyone needs to eat, so you’ll always have a steady flow of customers. With a little bit of strategic planning and hard work, a food business could end up being a great way to earn a living while doing something you love.
8. Plants nursery
Starting a plant nursery business is a great idea for those who have a green thumb. With ₱10,000, you can buy plant seeds, soil, pots, and other gardening tools. You can sell your plants online or in local markets, and even offer plant rental services for events such as weddings and corporate gatherings.
These are just a few more ideas for businesses that you can start with ₱10,000 in the Philippines. Remember to do thorough research, plan your business strategy, and invest in marketing and branding to make your business successful.
Starting your dream business
If you’re considering starting a business with ₱10,000 in the Philippines, you’ll need a reliable and efficient point-of-sale system to help you manage your transactions and inventory.
StoreHub is an all-in-one point-of-sale system that can help you streamline your operations and grow your business. With features such as inventory management, sales analytics, and online ordering, StoreHub can help you save time and money while providing a better customer experience.
Don’t let your budget hold your business dreams back!
Schedule a free demo today and take your business to the next level!
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