Brilliant Ideas for small business start ups Philippines in 2016

Unemployment is a major concern in Philippines. The present generation is seen making their way into business. The main pillars that determine the success or failure of any business venture is its type, location and demand of the product or the services among the target users. Keeping these in mind small business is the ideal way to get things started. It is best for those who have no job but considerable amount of capital. It also works for those who are employed but need another source of income.

So if you are one of those highly spirited individual with entrepreneurial qualities and have the courage to take the plunge, here are some brilliant ideas for small business start ups Philippines for this year. Check them out.

Street Food Business

One of the most interesting things in the Philippines is its variety of colorful street food. It has quite a demand in the country. These types of food are generally sold in the sidewalks and all you need is a cart to sell the items. One of the advantages of this type of business is that it can be initiated with a minimum capital while the profit will double your capital in no time. However not all street foods are clean so make sure to check your surroundings and store your items in clean places.

Flea Market Business

Everyone loves to shop from the flea market and why not? It’s always fun to bargain and get your things at a much lower price than that at the malls and shopping centers. This is thew reason why Filipinos love to buy things from their tiangge or flea market. Consider starting a flea market business which will surely reap profit. Rent a small place and sell goods. If your products are good, people will automatically buy from you instead of other sellers. Keep in mind that not everybody will buy your product, so maintain the right attitude while dealing with customers.

Online Selling Business

With e-shopping taking the world by storm, it is a good idea to start an online selling business. Similar to that of a buy and sell business, this kind of business is beneficial for those who have a physical store and would love to take their venture to a new level and expose it in the internet.

Laundry and dry cleaning business

This type of business is quite famous in other countries and you can also set it up in Philippines. Once you get the business permit and equipment's, choose an appropriate area to set up the base of your business. Remember that you will the catering to those who are too busy to get their household work done all by themselves. You will be catering to their needs so choose a busy street where people can walk in. You can also select areas with large number of apartments that requires a laundry shop. Remember to follow hygiene requirements and safety measures.

Beauty Parlor Business

We all love to groom ourselves and look beautiful. So any business revolving around grooming industry have high chance to reap profits at its initial stages. Most importantly Filipinos are a stylish lot and love to groom themselves. So a beauty parlor business can be considered as a good and safe venture. Though the capital required for setting up this kind of pursuit is a hefty one, selecting a good location and employing experienced beauty experts will do the job.

I hope these ideas for small business start ups Philippines will seal the deal for you. There are many more options that you can consider. Just remember to play it right. Make the right choice by thoroughly studying the market scenario and the demand of your business.