Small Business Ideas with Small Capital of P20,000.00 and Below
Starting small is considered to be the most logical and a powerful step in starting up a business. This is recommended most especially for individuals who lacks enough capital and for those who were not born with entrepreneurial genes. Engaging in a small start-up venture is just fair enough for a newbie (like you) in the industry of your choice. This is like developing a particular skill, the more you practice, the better you become until you perfect it. You gain increased confidence through time and eventually become an expert with what you do. Below are suggested list of small business ideas to help you run around the enterprise world with just a minimum capital of P20,000.00 or less for a start.
It is always said that the best way to anybody’s heart is through their stomach and that you will never go wrong with food. Admittedly, human beings love to eat and this is one business venture where target market is not a problem. Captive market such as passengers and even drivers in a nearby terminal for a start is one interesting set-up site. With tables and chairs in your stall of different viands for breakfast, lunch and dinner, surely you will enjoy serving the crowd around. From here you will never know where this simple eatery will take you.
Meat Processing Retailing Business
If you have the skills in making longanisa, beef tapa, smoked ham, embutido, meatloaf, corned beef, tocino, hotdog and the likes, then a lucrative business opportunity is on your way. Come to think of it almost all households have spare freezer space and converting this space into an earning one is just a brilliant idea. All you need is just your choice of meat and the needed spices and you are ready to roll it around. The best part is that you can sell this variety of processed meats almost anywhere: various government agencies, private offices, sari-sari stores, schools and residential houses. Remember, that these processed meats are simple and easy to cook and would be very fitting to busy moms and even dads out there. Definitely, they are more than happy to be bringing this home to the dinner table. This will eventually become a household favorite if kids will love it. What you need is just word of mouth advertising and production will surely increase every week.
Street Food Business
This is what you basically see on the sides of the street at around 4:00 pm and onwards not only in the metro but even in the provinces. This is usually up until midnight as long as you still offer the tasty grilled stuffs such as pork barbecue, chicken barbecue, the common ‘isaw’ or grilled intestines, pig ears, pork blood and the likes. To offer variety and reach a wider market, one can have fish balls, kikiams, squid balls, chicken balls, even hotdogs, cheese sticks and ‘kwek-kwek’ or the shelled boiled eggs both for the younger and older market alike. Different kinds of drinks or beverages can also be made available to complete the meal. A simple stall to keep all of these choices in one setting is all you need to provide this quick and complete meal to one busy bee or to just anybody who will stop over to fill up his or her stomach. Bear in mind that one quick bite is a big thing to one hungry man.
Personalized T-Shirt Design and Printing
In the hierarchy of needs, clothing is identified as part of the basic needs along with food and shelter. So, engaging in the field of t-shirt printing is also one necessary venture to look into. This does not also entail a very big investment as simple devices are just what you need (silk screens and paints are the basics). If you are the creative one who makes unique design, you can market this to schools, public and private organizations when a shirt is needed for their special events. Certainly, people or even the institution will patronize you (I’m sure). In addition, if your quality is of the highest standard, word will just get around and orders will just pile up.
Cellphone Loading Business
In this digital age where being wired to each other is of utmost importance, the need to keep in touch cannot be denied. This is where the business of network loading becomes very essential (and profitable at the same time). No doubt that there will always be a regular customer even in your own household. The challenge is your consistency in terms of load availability and how you deal with load now pay later scheme of customers. But, anyhow, with persistence and diligence, surely you and your business will grow. Check out the e-loading business where you can offer loads to all available telecom networks. Some can even include prepaid game cards as interesting add-ons.
It Does Not End In an Idea!
The lists above are just start-up ideas. There are still other specific industries that you may look into but these five are the easy, simple and uncomplicated ones. Take note that the meat of the matter is still the businessMAN itself. Focus, hard work and determination are still the essential ingredients if the business will prosper or fail. The challenge is to make the right choices and do things effectively and efficiently. Most of all learn the tricks of the trade, accept downfalls and rise up to be better.