Are you interested in starting a business in The Philippines? If yes, you can get started here in 2020 there are 10 small business ideas and investment opportunities in the Philippines. Top 10 Small Business Ideas for 2020 in the Philippines
Online business
With over 3 billion people online every day, the Internet
provides you with a vast sea of online business opportunities. Setting up an
online business does not require a big investment. All you need is a computer,
good internet connection, a website, a merchant account with a bank and
reputable providers.
Smartphone Repair
Since 25, 60% of online traffic came from mobile devices,
especially smartphones. It is estimated that 4 out of 10 Filipinos will own
smartphones by 20 due to lower prices and improved network systems.
Titled as the "selfie capital" of the Philippines
world, these smartphones are expected to go through wear and tear! Smartphones
start to bog down in 2 years. This small business idea can guarantee you an
endless stream of clients who can't last a day without their smartphones.
Computer Home Repair
People have become increasingly dependent on technology like
computers, laptops, and gadgets that will require adequate service, repair, and
maintenance. Having a home repair service gives you two advantages over a
normal computer repair shop.
One, your rates will be cheaper because you have no reason
to rent. Second, instead of going to your store, your service will be more
convenient at home. Most of your small business investments will go into
marketing and promoting your services.
Recreation booth
People are looking for creative ways to make events fun and
exciting. If you've been to a wedding and seen a photo booth or karaoke booth,
you know what I'm talking about! These entertainment centers give guests
twenty-four hours of fun and they keep events memorable.
Other popular booths include tattoos, face painting,
caricatures, and video gaming booths. You can act as a vendor marketing arm for
these booths or start with one or two booths. The most popular booths are the
Photo and Caricature Booth
Photography
Even at the age of selfie lifting, nothing professionally
shoots an image. Professional photographers are in demand for regular weddings,
birthdays and corporate events. Also, professional photographers are contracted
by graphic and website designers for customized images. Remember that
photography is an expensive hobby! The price of a professional digital camera
ranges from Php150, 000 of the gold Alpha A99 to the Hasselblad H4D 200ms for
Php2,000,000.
Dog walking
Television shows such as Doug Whip’s pet owners have
provided an important understanding of their dogs. They have become aware that
dogs need a lot more attention and practice than just food, water, and shelter.
Dog walk-in gates have become a common sight for owners whose owners are mostly
out of work or out of school. Walking is not enough for a dog to love a dog.
Attend seminars, training and certification programs to guarantee owners that
their dogs are in good hands.
Personal fitness training
A study by the Food and Nutrition Research Institute's 27
studies found that Filipinos are 22.5% overweight, and .1.5% obese. According
to the Department of Health, heart disease has been the number one killer in
the Philippines for six years
These data support the need for Filipinos to begin
practicing. Personal fitness training services eliminate the "I don't have
time" excuse because you can handle these services at home. Furthermore,
you do not need expensive equipment. To get a good, high-intensity exercise, all
you need is a mat, energy band, medicine ball, kettlebell and lots of
dedication!
General cleaning services
Because of the increased expenditure by law in Kasbah, only
Filipino families rent with the help of family. A common household task is now
distributed among family members with heavy work, such as laundry scheduled any
day of the week.
Despite the best efforts, maintaining a clean schedule is
difficult because family members are at work or at school. The best solution is
to contract general cleaning services that can handle cleaning once a month. In
this business, you need to invest in clean equipment and equipment and a van.
Your people can be contracted on a project basis.
Gift box
Selling gift boxes is a promising small business idea that
gains traction slowly in the United States and Australia. Gift boxes are
available with a monthly subscription service. Each month customers receive
specially designed gift boxes packed with goodies based on their preferences
and interests.
For example, parents can sign up for a monthly subscription
to "Toys and Games" for their child. Every month, children receive a
variety of toys and games.
Air-conditioner repair
We’ve read news reports that the Philippines is headed for
another El Niño similar to the one that affected the country in 1997. To escape
extreme heat and humidity, Filipinos tend to troop to the malls for its
air-conditioning. However, it is actually more economical to just run your home
air-conditioner than to spend a day at the mall. Air-conditioning repair and
maintenance services are valuable services during the summer months. Make sure you
can contract highly skilled technicians to do the job.
Read more: 7 Business Opportunities in Malaysia and How Much it Costs to Get Started
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