Getting business ideas in the Philippines can be a game of luck.
The “aha!” moment may come when you least expect it–while you’re taking a shower, driving a car, or watching TV.
But not everyone experiences serendipity.
For most of us, we want to find a business idea because our situation calls for it.
Whether you’re a college student looking for extra income, a corporate employee who is sick of running the rat race, or a housewife who wants to supplement your husband’s income, finding a winning business idea is the first step towards achieving financial freedom.
However, it’s easier said than done. That’s why we’ve scoured magazines, books, and the internet to compile a list of profitable business ideas in the Philippines that only require a small capital.
Table of Contents
- At a Glance: Top 10 Pandemic- and Recession-Proof Business Ideas in the Philippines.
- 1. Online Therapy or Counseling.
- 2. One-on-One Academic Tutorial.
- 3. Mentoring or Coaching for a Specific Field.
- 4. Art Selling.
- 5. Live Game Streaming.
- 6. Mobile Coffee Shop.
- 7. Writing Services.
- 8. Video Editing for Vloggers or Businesses.
- 9. Product Rebranding/White Labeling/Private Labelling.
- 10. Accounting Services for Freelancers and Small Business Owners (Bookkeeping and Tax Filing).
- Quick Links: Business Ideas in the Philippines for Every Budget.
- Best Business Ideas in the Philippines: The Ultimate List.
- A. Food Business Ideas.
- 1. Rice Business (Bigasan).
- 2. Kakanin Business.
- 3. Street Food Business.
- 4. Water Refilling Station.
- 5. Bakery (Panaderya).
- 6. Pizza Business.
- 7. Food Catering Business.
- 8. Food Cart.
- 9. Canteen/Eatery Business (Carinderia).
- 10. Baking Business.
- 11. Ice Cream Business.
- 12. Chicken Rotisserie (Lechon Manok) Business.
- 13. Lugawan/Gotohan Business.
- 14. Meat Processing Business.
- 15. Meat Shop/Meat Retailing Business.
- 16. Palamig/Samalamig Business.
- 17. Tapsilog Business.
- 18. Siomai Stand.
- 19. Healthy Meal Delivery Service/Diet Delivery Program.
- 20. Samgyup-to-go.
- B. Consulting Business Ideas.
- C. Personal Services.
- 1. Personal Shopper.
- 2. Dance Instructor/Choreographer.
- 3. Guitar Teacher.
- 4. Yoga Instructor.
- 5. Car Wash Business.
- 6. Vulcanizing Shop.
- 7. Laundry Shop.
- 8. Personal Concierge and Errand Services.
- 9. Auto Repair Shop.
- 10. Cellphone Repair Shop.
- 11. Shoe Repair Shop.
- 12. Delivery/Courier Services.
- 13. Tailoring/Alteration Services.
- 14. Computer Repair Services.
- D. Pet Business.
- E. Retail Business.
- F. Home-Based Online Business.
- G. Rental Business.
- H. Events Business.
- I. Agribusiness.
- J. Summer Business Ideas.
- K. Recycling Business Ideas.
- L. Printing Business Ideas.
- M. Health and Beauty Business Ideas.
- N. Tourism Business Ideas.
- O. Transport Business Ideas.
- P. Home Repair and Improvement Business Ideas.
- Q. Real Estate Business Ideas.
- A. Food Business Ideas.
- How To Find the Best Small Business Ideas in the Philippines With High Profit: 3 Steps.
- 1. Look for ideas within yourself.
- 2. Look for ideas around you.
- 3. Get inspiration from profitable small business ideas in the Philippines.
- Frequently Asked Questions.
At a Glance: Top 10 Pandemic- and Recession-Proof Business Ideas in the Philippines.
1. Online Therapy or Counseling.
Overview: Online therapy is providing mental health services mostly through video conferencing.
Why it is Pandemic and Recession-Proof:
According to a recent assessment conducted by the World Health Organization, almost 3.6 million Filipinos are suffering from depression and anxiety1. With the increasing number of people struggling mentally and emotionally, there is also a growing demand for licensed professionals who can address these problems.
Capital: PHP 20,000 to 50,000 for video conferencing needs. PHP 150,000 to 300,000 if you’re building your own website for booking appointments, patient’s database, and online payments.
Ideal for: Licensed psychiatrists and psychologists.
- A lot of working professionals and business people are on the look-out for therapists due to stress from work and family.
- Chances of returning clients are high if they like your approach.
- The average charge per client ranges from PHP 1,500 to 3,000 for each session.
- There is a constant need to maintain your website for better user experience.
- Issues on internet connectivity may arise.
- Patients go to therapists with proven track records.
2. One-on-One Academic Tutorial.
Overview: One-on-one tutorials offer a personalized and more focused way of providing academic support to students who are either struggling in class or just aiming to excel.
Why it is Pandemic and Recession-Proof:
Virtual learning is safe but it is not always effective for children who mostly have short attention spans2. For this reason, many working parents are looking for tutors who can monitor and support their child’s academic performance.
Capital: PHP 1,000 to PHP 5,000 for educational materials and resources.
Ideal for: Anyone who has the means and patience to teach children.
- There is a higher chance of getting clients who pay well because most of them are working professionals.
- The things you will teach are topics that you already know or have an idea about.
- You don’t need to be an expert to start tutoring.
- You need more patience.
- Children are easily distracted so you have to be creative to keep their attention.
- There is safety concern if your student is hyperactive.
3. Mentoring or Coaching for a Specific Field.
Overview: Coaching services provide additional support to individuals looking to improve their business or skills.
Why it is Pandemic and Recession-Proof:
The coaching industry has grown over the years with the majority focusing on business and life coaching3. With a growing demand for highly skilled workers, people have also been seeking ways to learn valuable skills that will make them marketable in the long run.
Ideal for: Professionals or aspiring specialists in a sought-after field like Web Development, Digital Content Marketing, Accounting, Finance, E-Commerce, and Online Content Creation.
Capital: PHP 20,000 to 50,000 for laptop or computer setup.
- You learn more by teaching others.
- You can build connections within your field.
- People pay to learn your skills.
- You can create your own package and sell it online.
- Internet connectivity and technical issues.
- It takes time to build your portfolio for people to trust you.
4. Art Selling.
Overview: An art business is when you sell art to collectors or accept commissions for your original work.
Why it is Pandemic and Recession-Proof:
People buy art for its emotional value. It is also a form of long-term investment for collectors who see art as an expensive commodity4. And although the global art market suffered a 22%5 loss in 2020, emerging digital artists continue to earn thousands of dollars in virtual auctions6.
Capital: PHP 3,000 to PHP 50,000 for art supplies and editing software.
Ideal for: Skilled or aspiring artists.
- Art is a skill that can be developed.
- Social media has made it easier to market your work.
- You get to harness your creativity.
- Art is therapeutic for both the artist and the buyer or collector.
- You can collaborate with other artists.
- It takes time and skill to build your portfolio.
- You need marketing skills to grow your audience.
- An art’s value is subjective, so pricing can be a challenge for beginners.
5. Live Game Streaming.
Overview: Live streaming is a form of sharing raw video content in real-time. Video game streaming is when people play their games to a live audience through platforms such as YouTube, Facebook, or Twitch.
Why it is Pandemic and Recession-Proof:
The gaming industry is expected to grow by 14.5 percent in revenue by the end of 20217 and will continue to thrive in the coming years. With this growth, live streaming has been proven to be a practical source of income among gamers.
Capital: PHP 50,000 to 200,000 for the gaming and live streaming setup.
Ideal for: Anyone who is into gaming.
- More people are looking for authenticity.
- You can earn passive income once you have a loyal following.
- Live streaming makes your content more engaging.
- It takes less time to produce content.
- The audience is consistently growing globally.
- It takes time to build your audience.
- The platforms are oversaturated and you need to be more creative to stand out.
- You will meet internet trolls or people who leave derogatory comments to provoke you.
6. Mobile Coffee Shop.
Overview: Selling coffee from a truck, van, or any type of vehicle.
Why it is Pandemic and Recession-Proof:
Filipinos are projected to increase their coffee intake by 32 percent in the next five years8. With the ongoing social restrictions forcing coffee shops to limit customers, it is the perfect time to start a mobile café and bring a unique coffee experience to people.
Capital: As low as PHP 5,000.
Ideal for: Baristas and coffee enthusiasts.
- Coffee is a popular drink and is nonseasonal.
- It’s easy to attract customers through social media.
- You can operate at any public place.
- There’s no need to rent a space for your shop.
- You need to acquire a vehicle (truck, van, cart, etc.)
- The weather can be a challenge.
- You’re competing with trusted coffee brands.
7. Writing Services.
Overview: Writers assist in technical writing projects or write web content on different topics.
Why it is Pandemic and Recession-Proof:
There’s a constant need for professional writers in specific niches such as Finance, Marketing, Technology, and Education. And in the digital age where web content management continues to grow, there is also increasing demand for outsourced content writers9.
Capital: PHP 20,000 to 50,000 for a notebook or laptop.
Ideal for: Anyone who can write.
- You have access to a lot of opportunities (ghostwriting, proofreading, translation and transcription).
- You get to harness your skills.
- You learn as you write.
- It takes time to complete a project.
- There’s tight competition in the writing industry.
8. Video Editing for Vloggers or Businesses.
Overview: Editing is the process of arranging and putting together video footage or several shots to produce the final video product.
Why it is Pandemic and Recession-Proof:
Businesses are going digital and statistics show that in 2019, 62 percent have used YouTube to market their brand10. There’s also tight competition in the vlogging community, and this pushes video creators to keep producing content that would allow them to stay ahead of their competitors. Hiring professional video editors helps these brands and creators to make quality content that will get them the viewers or sales that they want, while saving them time and money.
Capital: PHP 3,000 to 20,000 for editing software.
Ideal for: Experienced video editors or multimedia students.
- You can have returning clients who want consistency across their videos.
- You hone your skills as an editor.
- You’re able to work flexible hours.
- You need to be skilled at editing.
- Projects can be inconsistent.
9. Product Rebranding/White Labeling/Private Labelling.
Overview: In business terms, rebranding means changing a company’s already established image or brand to fit in its new business model. However, the term is also being used interchangeably with white labeling or private labeling. This is when suppliers offer their unbranded, pre-made products to retailers who already have a brand in mind but have no means to manufacture their own products. The difference is that private label products are made for a single retailer or brand only, and white labels, on the other hand, can cater to several brands.
Why it is Pandemic and Recession-Proof:
The global private label share has grown to 16%11 over the past decade and nowadays rebranding has been prevalent in local e-commerce sites such as Shopee and Lazada. This opened a lot of opportunities to small business owners including millennials. There is increasing demand for these products as buyers find that these can be great alternatives to more popular but expensive brands.
Capital: As low as PHP 1,000.
Ideal for: Anyone who wants to build their own brand.
- Anyone can start immediately using a small capital.
- Since products are readily available, your main focus is on the branding and marketing side.
- There are many products to choose from.
- Products are not unique.
- You need to do your own research for trending products.
- You have no control over the manufacturing process.
10. Accounting Services for Freelancers and Small Business Owners (Bookkeeping and Tax Filing).
Overview: Accountants help individuals and businesses keep track of their finances as well as assist in tax filing.
Why it is Pandemic and Recession-Proof:
More and more Filipinos are switching to freelance. In the 2019 Global Gig Economy Index, the Philippines was the sixth fastest-growing market in the world with a 35 percent revenue increase12. Because more freelancers and small businesses have emerged since the start of the pandemic, opportunities have become available for accountants who can offer their bookkeeping and tax filing services.
Capital: PHP 20,000 to 50,000 for laptop or computer setup.
Ideal for: Accountants and bookkeepers.
- Filing taxes is a tedious job and freelancers would want to outsource instead of doing this themselves.
- You will have returning clients for the quality of your work.
- You can work with multiple clients for a higher rate.
- The volume of work can be stressful.
- You need to constantly learn and stay up to date.
Quick Links: Business Ideas in the Philippines for Every Budget.
1. Business ideas with Php 4,000 capital and below.
Kakanin business | lugawan/gotohan | palamig/samalamig business | healthy meal delivery service/diet delivery program | cellphone load retail business | blogging | costume rental | halo-halo stall | ice candy business | fruit shake business | liquid detergent business | chocolate-making business
2. Business ideas with Php 20,000 capital and below.
Street food business | carinderia/canteen/eatery business | home-based baking business | homemade ice cream business | meat processing business | siomai stand | vulcanizing shop | tailoring/alteration services | pet grooming services | pet care services | sari-sari store | online selling | vlogging | Piso Wi-Fi | indoor plant business | mushroom business | hair and makeup services
3. Business ideas with Php 50,000 capital and above.
Bigasan (rice business) | tapsilog business | coaching services | personal fitness trainer | personal shopper | car wash business | cellphone repair shop | CCTV installation | online clothing store | ukay-ukay store/thrift clothing shop | videoke machine rental | drone rental | photocopy business | digital and offset printing services | samgyup-to-go
4. Business ideas with Php 100,000 capital and above.
Water refilling station business | bakery | pizza business | food catering business | food cart | commercial soft-serve ice cream | lechon manok business | meat shop/meat retailing business | yoga instructor | laundry shop | personal concierge and errand services | shoe repair shop | convenience store/mini-grocery store | PisoNet business | Airbnb rental | formal wear rental | photo booth rental | junk shop | T-shirt printing | tarpaulin printing | beauty salon/barbershop | spa/massage therapy business | gym/fitness center business | travel agency | moving company/lipat-bahay service | logistics/trucking/hauling services | modern jeepney franchise | medicinal plant farming
Best Business Ideas in the Philippines: The Ultimate List.
In this section, we are going to list down some of the tried-and-tested business ideas in the Philippines organized into different categories.
Mind you, success in business is 1% inspiration and 99% execution. So use this list as an inspiration but never let forget to take action.
Let’s get the ball rolling…
A. Food Business Ideas.
Why it’s a profitable business: Filipino meals aren’t complete without rice. There’ll always be buyers regardless of price movements. Rice dealers earn good profit in high-traffic locations (public markets and talipapa) with good storage areas.
Capital: PHP 50,000 (home-based) to PHP 250,000 (franchise).
Ideal for: Filipinos looking for a business with affordable startup costs and guaranteed profits.
- High and steady demand from consumers who purchase by kilo and food businesses that order by the sack.
- Low startup cost.
- Prone to pest infestation and early spoilage if storage is in poor condition.
- Hard to maintain rice quality in flood-prone areas.
2. Kakanin Business.
Why it’s a profitable business: Selling native delicacies like suman, biko, and puto is an affordable home-based food business idea with high-profit potential.
In fact, a kakanin business helped a mother fund her children’s college education13.
Capital: PHP 500 to PHP 12,000.
Ideal for: Stay-at-home moms and office employees looking to earn extra income from home.
- Cheap and readily available ingredients.
- Business growth potential: Start selling in small quantities and later on produce bigger quantities and sell them to resellers and distributors for higher profits.
- All-year-round sales that peak during holidays.
- Short shelf life.
- Labor-intensive and time-consuming operation.
Why it’s a profitable business: Street food is cheap, which is why queues in stalls are always long. Selling street food returns great profits, too. Fishball vendors, for instance, make a net profit of PHP 500 to PHP 1,000 daily.
Capital: PHP 5,000 to PHP 20,000.
Ideal for: Street food enthusiasts with limited startup budgets.
- Low startup and operational costs.
- A wide variety of affordable street foods to sell.
- Appeals to a very diverse market (students, blue-collar workers, yuppies, etc.).
- Stiff competition in high-traffic areas.
- Tedious and time-consuming food preparation.
Why it’s a profitable business: Even with tight competition, water refilling stations enjoy a steady income. Monthly net profits range from PHP 20,000 to PHP 60,000+.
Capital: PHP 80,000 to PHP 800,000.
Ideal for: People with little entrepreneurial experience who want to minimize the risk.
- High and steady demand for clean, safe drinking water in residential and commercial areas.
- Simple to operate.
- Zero/low rental fee; can be installed in a space as small as 20 square meters and in a home.
- Costly equipment maintenance.
- ROI takes time (six months to one year).
Why it’s a profitable business: Bread is a Pinoy breakfast and merienda favorite. This lucrative business yields a net profit of PHP 700 to PHP 2,500+ per sack of flour or PHP 2,000 to PHP 6,000 daily.
A former bus inspector, for instance, earned PHP 500,000 in a year (or roughly PHP 40,000 monthly) from his pan de sal stores.
Capital: PHP 120,000 to PHP 150,000.
Ideal for: Entrepreneurs with deep interest, patience, and commitment in baking and managing a bakeshop.
- High profitability with minimal investment.
- Can cater to either the masa market (pan de sal, ensaymada, monay, mamon, etc.) or the high-end market (baguette, whole wheat bread, cinnamon rolls, etc.)
- It requires a great deal of time, patience, dedication, and training to set up and manage a bakery.
- Price fluctuations of baking ingredients (due to competition and demand) that can affect the prices of bakery products.
6. Pizza Business.
Why it’s a profitable business: Pizzerias offer customers convenience, which is why Filipinos often order pizza for parties, family and barkada gatherings, and corporate meetings.
Capital: PHP 50,000 to PHP 850,000.
Ideal for: Anyone with passion, skills, and experience in pizza business operation.
- Affordable and readily available ingredients.
- Easy to prepare and serve.
- Cutthroat competition with leading pizza brands.
- Requires pizza-making training and skills.
Why it’s a profitable business: Filipinos are willing to pay for convenience when it comes to party and events preparation. Caterers are among the most sought-after suppliers for this purpose. Based on the latest data from the Philippine Statistics Authority, event caterers earned an average gross profit of PHP 16 million.
Capital: PHP 100,000 to PHP 1 million.
Ideal for: Entrepreneurs with passion and experience in cooking who want to make it big in the food business.
- Quick ROI of four months.
- Very competitive industry.
- Working long hours, especially in the first few years of operation.
- Expensive startup cost (but financially rewarding).
8. Food Cart.
Why it’s a profitable business: Starting a food cart business on your own seems like a lot of work, but with the right location, concept, and product, you can make good money out of it.
Capital (non-franchised food cart): PHP 30,000 to PHP 300,000.
Ideal for: Inexperienced entrepreneurs with small capital for selling a particular food they like.
- Low capital with a high-income potential (creating your own food cart).
- Easier and cheaper to set up than restaurants.
- Flexibility in location (can move the food cart in a better area if the original one doesn’t work out).
Cons: Need to build everything from scratch (from planning to execution) if you’ll start your own food cart compared to franchising one.
9. Canteen/Eatery Business (Carinderia).
Why it’s a profitable business: Small eateries, locally known as carinderia or turo-turo, are still the go-to places for customers looking for cheap home-cooked meals. With the right location, pricing, and menu, you can profit from running a carinderia with just a small capital.
Capital: PHP 15,000 to PHP 25,000.
Ideal for: People with culinary skills who live in high-traffic areas near schools and offices.
- Low startup cost.
- Quick ROI in two months.
- High growth potential. One of the popular wedding caterers in the Philippines, for instance, started out as a carinderia14 with a capital of only Php 500.
- Unstable availability of ingredients and supplies due to seasonality and typhoons.
- Challenges in maintaining food quality and sanitation.
- It requires a great deal of time, passion, dedication, and patience.
10. Baking Business.
Why it’s a profitable business: Baking and selling cakes, cupcakes, cookies, or other pastries is an enjoyable food business you can start right in your home. It’s also easy to attract customers via social media and word of mouth.
Capital: PHP 15,000 to PHP 50,000.
Ideal for: Stay-at-home moms who love baking and want to turn their hobby into a home-based business.
- Low capital and high returns.
- Steady demand from customers who buy cakes and pastries for special occasions, snacks, pasalubongs, and gifts.
- It can be stressful when bulk orders are coming in.
- Requires experience in home baking or training in a baking course.
11. Ice Cream Business.
Why it’s a profitable business: Ice cream is the Pinoy dessert favorite any time of the year. Getting an ROI takes around six months. Profit margins range from 70% to 100%, which means you can sell ice cream at double the production cost.
Capital: PHP 2,500 to PHP 16,000 (homemade ice cream) / PHP 100,000 to PHP 450,000 (commercial soft-serve ice cream).
Ideal for: Entrepreneurs who plan to put up a business near schools or those who enjoy making and selling ice cream.
- Simple ingredients and recipes for homemade ice cream.
- Quick preparation with commercial ice cream makers.
- The short shelf life of 7 to 10 days.
- Commercial-scale ice cream businesses expensive to set up.
12. Chicken Rotisserie (Lechon Manok) Business.
Why it’s a profitable business: Roasting and selling chicken can be considered a negosyong patok. You’ll never run out of customers and suppliers. With passion and determination—plus a good location, you can succeed in this business with a modest capital (or no capital, like how Andok’s started out15).
Capital: PHP 250,000 to PHP 450,000.
Ideal for: OFWs and balikbayans looking to grow their hard-earned money in the Philippines.
- Significantly lower startup cost than opening a fast-food outlet.
- It offers customers a cheaper alternative to fried chicken from fast-food chains.
- Tough competition against established lechon manok brands like Andok’s and Baliwag Lechon Manok.
- Need to come up with your own special recipe or sauce and offer better pricing to stand out.
13. Lugawan/Gotohan Business.
Why it’s a profitable business: “Tubong lugaw” (earning large profits from small capital) best describes lugawan businesses in the Philippines. A perfect example is Lugaw Queen16 that started with a capital of just Php 1,100, sells cheap bowls of lugaw, and earns as much as Php 50,000 daily.
Capital: PHP 1,000 (home-based) to PHP 15,000 (mobile cart).
Ideal for: New entrepreneurs who are willing to work long hours to maximize profits.
- Large ROI from little capital.
- Ease of business set up and food preparation (simple recipes and ingredients).
- Ability to offer extremely affordable meals.
Cons: Can be taxing and stressful to operate, especially if the business is open 24/7.
14. Meat Processing Business.
Why it’s a profitable business: The Philippine meat processing industry has been growing in recent years17, offering a lucrative business opportunity. This food business can earn you as much as a 100% profit.
Some entrepreneurs even got rich producing and selling processed meat with a measly capital of PHP 500.
Capital: PHP 1,500 to less than PHP 20,000.
Ideal for: Anyone with the passion and patience for running a processed meat business.
- Growing processed meat consumption in the Philippines that raises the demand for easy-to-cook products like longganisa, tocino, tapa, hotdog, and ham.
- Longer product shelf life (due to preservation methods) than unprocessed meat.
- Spending time and money on meat processing training courses (Each course takes from one to five days and can cost over PHP 2,000).
- Quick spoilage if the meat isn’t handled or processed correctly.
15. Meat Shop/Meat Retailing Business.
Why it’s a profitable business: Most Filipino families consume meat daily. If your meat shop is situated in a strategic location, you can earn a high and steady income.
Capital: PHP 120,000 (own shop) to PHP 3.5 million (franchise).
Ideal for: Entrepreneurs who can find an ideal location (like a commercial space or market stall) for selling meat.
- Higher profit margins than other food items like rice.
- Stable demand (except during Lenten season) regardless of the economic situation in the Philippines.
- May require a huge capital (as much as millions of pesos) for franchising a meat shop.
- Need to invest in expensive equipment like a generator to prevent the meat from spoiling during power outages.
16. Palamig/Samalamig Business.
Why it’s a profitable business: Demand for palamig peaks during summer, but you can make money (around 50% to 100% daily profit) from selling cold drinks all year round.
Capital: PHP 1,000 to PHP 3,000 (starters/home-based) to PHP 40,000 to PHP 99,000 (food cart franchise).
Ideal for: First-timers who want to give entrepreneurship a try with a minimal investment.
- Easy to prepare and serve.
- Simple and readily available ingredients.
- Sells cheap at only PHP 5 to PHP 15 per cup.
- Profitable addition to a street food business or kakanin business.
Cons: Ingredients like buko and other fruits can easily spoil.
17. Tapsilog Business.
Why it’s a profitable business: Tapsilog is the Filipino breakfast favorite. With its affordable price, this meal is so easy to sell. A tapsilog business offers great potential for growth18, as in the case of the famous Tapsi ni Vivian.
Capital: PHP 10,000 to PHP 50,000.
Ideal for: Retirees and work-from-home moms with cooking skills looking to earn extra income.
Pros: No need to rent a space, as you can prepare packed meals at home for selling to neighbors, office workers, students, and jeepney, and tricycle drivers.
Cons: Requires a lot of patience and hard work, especially when you’re starting out.
18. Siomai Stand.
Why it’s a profitable business: Siomai is among the easiest businesses to set up in the Philippines. It yields at least a 150% profit margin for a cheap startup cost.
This food business also has a high earning potential, as proven by a couple who makes PHP 50,000 by selling siomai19.
Capital: PHP 2,500 to PHP 17,000 (own business) / PHP 160,000 to PHP 280,000 (food cart franchise).
Ideal for: Newbie entrepreneurs who want to make money through a food business that doesn’t require much prior knowledge and skills.
- No need for a big space; it can be sold in a mobile cart.
- Very low startup cost.
Cons: Requires tons of patience, consistent food quality, location with high foot traffic, and a good sales and marketing strategy to succeed.
19. Healthy Meal Delivery Service/Diet Delivery Program.
Why it’s a profitable business: This type of food business is a hit among busy and health-conscious Filipino millennials lately. Its recent popularity comes from offering a convenient way to eat healthy, with low-calorie meals delivered right in the customer’s home or office.
Capital: PHP 3,000 to PHP 5,000 daily.
Ideal for: Healthy eating advocates who love to cook and want to capitalize on their passion to help others while making money out of it.
- Increasing demand for healthy and organic food among young professionals, celebrities, students, and even older people with dietary requirements.
- No need to rent a space or build a shop; all transactions can be done online.
- The challenge of keeping the freshness and quality of ingredients and preventing food spoilage.
- Need to invest in a vehicle or outsource a third-party service for daily meal deliveries.
- Need to consult nutritionists, dieticians, and other specialists for the recipes and meal preparations.
Why it’s a profitable business: Samgyeopsals capitalize on Filipinos’ love for K-pop, K-dramas, and all things Korean. Samgyeopsal is a popular grilled Korean dish consisting of pork belly meat. Diners usually grill the meat themselves and eat directly from the grill. With dine-in restrictions still in place, you can bring samgyeopsal ingredients and equipment to your customers’ doorsteps so they can still enjoy their favorite food at the comfort of their homes.
Capital: Around PHP 50,000 (for samgyeopsal restaurant owners) to PHP 80,000 (for new entrepreneurs with no restaurant)
Ideal for: New entrepreneurs who have the passion to run a samgyeopsal delivery service or samgyeopsal restaurant owners who want to increase their sales
- Can increase your sales (for restaurant owners)
- Able to provide convenience to your customers
- No need to rent a space or build a shop (for new entrepreneurs)
- Outsourcing delivery to a third-party can reduce some of your control over quality and delivery time
- Possibility of overworking your employees due to the increase in demand (if you have an established samgyeopsal restaurant)
- More expenses for entrepreneurs with an established samgyeopsal restaurant
B. Consulting Business Ideas.
1. Financial Planner/Advisor.
Why it’s a profitable business: Providing financial planning services as a licensed professional can earn you more than PHP 100,000 to PHP 1 million per year, according to PayScale20. Because it allows flexibility in schedule, even full-time working professionals can practice financial planning as a side business.
Ideal for: Professionals in the field of finance such as accountants and bankers.
- Free or discounted financial education training.
- Generous bonuses and commissions.
- International travel opportunities.
- Fulfillment from helping clients get their finances in order and achieve their life goals.
- Need to prepare for and pass the Insurance Commission’s licensing exam to operate as a financial adviser in the Philippines.
- Intense pressure to meet sales quotas.
- Spending evenings and weekends for business meetings and servicing clients.
2. Digital Marketing/Social Media Consultant.
Why it’s a profitable business: There’s an opportunity to profit in lucrative niches and attract high-value clients such as law firms and dental clinics that need digital marketing and social media marketing services to meet their business goals.
Ideal for: Experienced digital marketing and social media marketing professionals who want to become their own boss rather than continue to work as employees for companies.
- High demand from small and medium businesses in the Philippines and abroad, as digital marketing is more cost-effective than traditional marketing.
- No need to set up a physical office, as you can operate your business at home or rent a co-working space.
- Tight competition with established digital marketing agencies and consultants not only in the Philippines but also in other locations such as India and Australia.
- Intense workload, as you’ll be juggling multiple roles when you’re starting out until you form your own team.
3. Coaching Services.
Why it’s a profitable business: Clients pay around PHP 2,000 to PHP 3,000 per one-hour life coaching session. The income can be higher when you do business coaching to high-level clients such as corporate executives.
Capital: PHP 35,000 to PHP 50,000 (for investment in a computer, internet connection, and website).
Ideal for: People with a passion for personal development, empathy, compassion, and people skills.
- Fulfillment from helping people improve their lives.
- Does not need to have a specialized degree or to be licensed, as the industry is unregulated in the country.
- Cheap business to start; you can start a coaching business from home.
- Need a lot of patience in dealing with clients.
- Need to set aside personal problems when talking to clients.
- Making the business stable can take quite a while.
4. Personal Fitness Trainer.
Why it’s a profitable business: On average, personal trainers earn more than PHP 1,000 per session. Training celebrities is even a more lucrative business. Some celebrity trainers 21 charge around PHP 5,000 to PHP 10,000 in consultation fees.
Capital: PHP 15,000 to PHP 60,000 (for fitness training course and certification).
Ideal for: Fitness enthusiasts with people skills and a passion for helping others become fit and healthy.
- It doesn’t require a fitness background or sports science degree.
- Helping clients meet their fitness goals and seeing results.
- Free gym memberships and other gym access perks.
- No guarantee of a stable income (Tendency to lose clients during off-peak season, like summer and Christmas).
- Unconventional working hours, like during late evenings and weekends (Depending on clients’ availability).
5. Image Consultant.
Why it’s a profitable business: Image consultants usually work with high-paying clients such as politicians, celebrities, and business tycoons. It requires minimal investment, too.
Ideal for: People with expertise in styling, excellent communication skills, people skills, and a network.
- Low startup costs; no need to set up an office, as the image consulting business can be operated from home.
- Sense of pride when clients become successful.
Cons: Highly specialized niche; difficulty finding clients when you’re starting out unless you already have referrals.
6. Nutrition Consultant.
Why it’s a profitable business: More Filipinos are becoming more health-conscious but don’t have the knowledge needed to start and maintain a healthier lifestyle. If you have the qualifications, you can reach out to this market and provide consultation services for a profit.
Ideal for: Registered Nutritionist- Dietitian (RND) with people skills and a passion for helping others improve their health.
- You’re helping people become healthier
- Interaction with a diverse group of individuals
- Flexible work hours
- Many opportunities to work in food product manufacturing businesses, schools, hospitals, and nursing homes
- A lot of educational and training requirements are needed
C. Personal Services.
1. Personal Shopper.
Why it’s a profitable business: Shopping for the rich and famous—such as celebrities, socialites, tycoons, and executives who are too busy to shop—can earn you good money. High-end department stores also hire personal shoppers to provide services for their premium clients. Personal shoppers charge around 10% of the total purchase they make for their clients.
Capital: Around PHP 50,000 (for a smartphone or digital camera, laptop, and website).
Ideal for: People who love shopping (particularly clothes, shoes, and bags) with impeccable taste in fashion and networking skills.
- Allows you to earn money while doing what you love.
- Doesn’t require any degree or special training—just having a sense of style will do.
- Low startup cost.
- Challenge of finding clients, especially when starting out.
- Need to have plenty of connections to access hard-to-find designer items for clients.
- Dealing with hard-to-please clients.
- Working in late evenings and weekends to have meetings with busy clients.
2. Dance Instructor/Choreographer.
Why it’s a profitable business: Professional dance instructors are usually booked for events such as birthdays, weddings, and private parties. Particularly, Zumba instructors are in demand in the Philippines. Dance instructors can charge around PHP 1,500 to PHP 35,000.
Ideal for: Dancers who want to share their talent and love for dancing while earning from this profession.
- Doing what you love while making money from it.
- Staying fit and healthy while helping others to achieve the same for themselves.
- Need to be trained and licensed as a dance instructor first before teaching dancing lessons.
- Physically draining and requires a lot of energy.
3. Guitar Teacher.
Why it’s a profitable business: There’s a market for guitar lessons in the Philippines. Parents enroll their children in music lessons, especially during summer. Guitar teachers charge from PHP 8,000 to PHP 15,000 per 12 lessons (one hour each).
Ideal for: Music Education graduates or those who are highly skilled in playing guitar with good communication skills.
Pros: No need to build a music studio; guitar lessons can be taught at the client’s home or even online.
Cons: Need a lot of patience, as students have different learning paces and behaviors.
4. Yoga Instructor.
Why it’s a profitable business: Millennials these days have become more conscious of their health, and yoga is one of the popular ways to achieve a fit and healthy body. With proper time and energy management, there’s a potential to earn a high income from teaching yoga classes.
Capital: PHP 88,000 to PHP 170,000 (for a teacher training course).
Ideal for: Fitness and wellness enthusiasts who want to make teaching yoga a full-time career.
- High demand for private yoga classes.
- It gives the motivation to practice yoga more.
- Enjoying the health benefits of yoga.
- Expensive yoga teacher training courses that can cost as much as PHP 100,000+.
- Intense competition; the market is full of yoga teachers, especially in cities like Manila.
- Risk of exhaustion and injury.
5. Car Wash Business.
Why it’s a profitable business: The number of vehicle owners in the Philippines is growing. So is the demand for car wash services. Running a car wash can earn you a net monthly income of around PHP 30,000.
Capital: PHP 68,000.
Ideal for: Car care enthusiasts who can find a high foot traffic location in a residential area.
- Steady demand from customers.
- Ability to offer affordable services (as low as under PHP 100 for every sedan).
Cons: Requires spending a lot of time to study the different aspects of operations, such as auto detailing and engine wash.
6. Vulcanizing Shop.
Why it’s a profitable business: You won’t run out of customers (both car and motorcycle owners) who need to have their flat tires pumped or repaired. Simple jobs like these can earn as much as PHP 1,000 to PHP 2,000 daily.
Capital: PHP 15,000 to PHP 20,000.
Ideal for: Business-minded people who know how to repair tires and want to grow their small capital.
- Very easy business to start (no need for special skills) as long as it’s located along a busy road and you have the equipment for fixing tires (Even a person with a disability has been operating a small vulcanizing shop by himself for a decade22.)
- Potential for business growth (A young man has grown his vulcanizing shop into a multi-million business23)
Cons: Challenge of providing higher-quality services when you have a lot of competitors in your area.
7. Laundry Shop.
Why it’s a profitable business: There’s a growing demand for laundry businesses in the Philippines. Laundry shops sprout like mushrooms in condo communities and residential areas in Metro Manila where working professionals barely have the time and space to do their own laundry.
Capital: PHP 250,000 to PHP 5 million.
Ideal for: Entrepreneurs who can find a location with a steady supply of water and accessibility to target customers.
- Steady demand from customers, especially if the business services commercial establishments such as salons, hotels, and restaurants.
- Quick ROI in five to eight months.
- Need to invest in brand-new washing machines (which are more expensive yet sturdier than second-hand units) to avoid high maintenance costs.
- Tight competition with other laundry shops within the vicinity.
8. Personal Concierge and Errand Services.
Why it’s a profitable business: Running errands for busy clients and businesses (such as paying bills, laundry pickup and delivery, gift and grocery shopping, and product delivery) make a great source of income.
Capital: PHP 30,000 to PHP 100,000 (for a motorcycle).
Ideal for: New entrepreneurs and former taxi or ride-hailing drivers.
- No need for special skills, training, and equipment; only a motorcycle or car is enough for starting the business.
- Fulfillment from helping busy people save time.
- Dealing with demanding clients and schedules.
- Unstable income (Revenues peak during busy times such as holidays but drop during lean times).
9. Auto Repair Shop.
Why it’s a profitable business: If you love to tinker with cars, a talyer makes a good small business idea. Once you earn their trust, car owners will come to you for routine repair jobs, even if your shop is in a not-so-ideal location.
Ideal for: Car enthusiasts with automotive repair and maintenance skills.
- Lucrative business to start in the Philippines.
- Free TESDA automotive courses for those who want to start an auto repair shop.
- Needs adequate space (at least 300 sqm) to accommodate multiple cars and customers.
- Requires a lot of work: supervising workers, paperwork, sourcing car parts, etc.
- Fixing cars is usually taxing (unless you hire mechanics and focus on managing your shop).
- Dealing with stingy customers and dishonest employees.
10. Cellphone Repair Shop.
Why it’s a profitable business: Cellphone repair is still a booming industry in the Philippines, as the latest models are becoming more fragile and prone to damage. People with damaged phones would rather save money by having their phone fixed (especially for simple, minor repairs) than buy a new unit.
Capital: PHP 50,000.
- Gadget enthusiasts.
- Employees and entrepreneurs looking for an easy way to boost their income.
- Low startup cost.
- Can be started from home.
- Requires only a small space.
- Can also double as a retail business, like selling phone accessories while providing repair services.
Cons: Tight competition with other cellphone repair businesses if your shop is located in a mall.
11. Shoe Repair Shop.
Why it’s a profitable business: The tradition of preserving shoes for sentimental and money-saving purposes is still alive in the Philippines. If you get your customers’ trust, you’ll enjoy repeat business from them.
Capital: Around PHP 1 million for a franchised business.
Ideal for: People who enjoy restoring shoes and other leather goods and want to make money out of it.
- Requires only small space (at least 10 sqm).
- Can be started from home.
- Can increase earnings by providing other services such as shoe cleaning, bag repair, key duplication, and locksmithing.
Cons: The challenge of finding shoe repair courses to gain shoe repair skills.
12. Delivery/Courier Services.
Why it’s a profitable business: Parcel and food deliveries are growing in popularity nowadays, and so is the demand for motorcycle and bicycle couriers. Drivers for companies like GrabExpress/GrabFood, Food Panda, Honest Bee, and Lalamove earn around PHP 100 per hour or PHP 1,000 up to PHP 2,000 daily for 10 to 14 deliveries.
Ideal for: Employees who want to earn extra income in their free time.
- Requires only a motorcycle/bike/vehicle, professional driver’s license, and a smartphone with mobile data.
- Flexibility—you can deliver only when you’re available.
Cons: Driving under the rain or intense heat of the sun.
13. Tailoring/Alteration Services.
Why it’s a profitable business: Do you know how to use a sewing machine? You can start with a home-based alteration business and later on provide tailoring services. Some alteration shops make as much as PHP 5,000 in a day.
Capital: PHP 5,000 to PHP 20,000.
Ideal for: Stay-at-home mothers with sewing skills.
Pros: Potential to grow into a multi-million retail business, like the success story of this Pinay seamstress.
Cons: Requires a lot of patience and determination.
14. Computer Repair Services.
Why it’s a profitable business idea: Computer troubles due to viruses, malware, or mechanical wear happen to everyone. People are willing to pay technicians to restore their machine’s normal function. If you know how to fix PCs and laptops, providing computer repair services can be a lucrative part-time or full-time business for you.
Ideal for: IT professionals and technicians with computer diagnosis, troubleshooting, and maintenance skills
- Flexible schedule
- Clients are not limited individual computer owners—you can also get a stable income from servicing other small businesses and offices without in-house IT staff
- Can start the business from home or offer home service (fixing client’s computer on-site) to save on rental or shop construction cost
- Requires not only technical skills but also people skills to attract and retain clients
- Need to keep updating your skills, as computer technology always changes
D. Pet Business.
1. Pet Grooming Services.
Why it’s a profitable business: There’ll always be customers willing to shell out money to keep their pets clean and well-groomed. Earn steady income (up to 68% profit margin) by providing good-quality service to keep customers coming back.
Capital: Less than PHP 50,000.
Ideal for: Enterprising animal lovers.
- Turning your love of animals into a small business.
- Can be started from home by grooming your neighbors’ pets.
- Can partner with other pet businesses like pet shops and veterinary clinics.
- Potential to expand business by offering other pet-related services like pet sitting and dog walking.
Cons: Requires knowledge and skills in handling different animals, breeds, and temperaments.
2. Online Pet Supplies Shop.
Why it’s a profitable business: Filipinos treat their pets like family, so they buy pet food, clothes, accessories, grooming tools, and toys. You can profit from that by selling pet supplies through Facebook, Instagram, Lazada, Shopee, and other online marketplaces. This online business can earn you an average margin of 30% (for common products) to 200% (for rare or upscale products).
Ideal for: Entrepreneurs who have no space for a brick-and-mortar store and can source low-cost pet product suppliers.
- No need to build or rent a physical store.
- A steady stream of income from new and repeat customers.
- Requires large and clean storage space for stocks.
- Must offer a wide product range to maximize profit.
3. Pet Care Services.
Why it’s a profitable business: If there are many pet owners in your neighborhood, you can offer pet sitting and boarding services right in your home. Your neighbors will find it helpful, as they’re assured their pets are well taken care of while they’re away. Pet care businesses usually require clients to leave food for their pets. You’ll only need to buy cages and have enough space where your clients’ pets will stay.
Capital: Less than PHP 50,000.
Ideal for: Business-minded pet lovers.
- Doing what you love and getting paid for it.
- The joy of meeting and interacting with different animals.
Cons: Requires a spacious room to accommodate multiple pets and differently sized cages.
E. Retail Business.
1. CCTV Installation.
Why it’s a profitable business: The demand for CCTVs is growing in the country. Many shops, private and government offices, subdivisions, and commercial establishments are setting up surveillance cameras on their premises for security reasons. Capitalize on that by offering security technology solutions to businesses.
Capital: PHP 20,000 to PHP 50,000.
Ideal for: Entrepreneurs with IT background, knowledge in CCTV operation, and experience in electrical or electronics work.
Pros: Rising demand for CCTV installation.
Cons: Investing time and money for CCTV installation and management training for yourself and your technicians.
2. Garage Sale Business.
Why it’s a profitable business: Selling pre-loved clothes, bags, shoes, household items, and other used things not only gets rid of the junk but also earns you a generous income. Run a garage sale on weekends when buyers are usually available to visit your home.
Ideal for: People with used items to sell and have skills in networking and sales talk.
- No need to scout for a location, as this is a home-based business.
- Great way to de-clutter your home.
Cons: Involves a lot of work—from gathering, organizing, and labeling items, advertising the business, and post-sale cleanup.
3. Cellphone Load Retail Business/E-Loading Station.
Why it’s a profitable business: Cellphone reloading is an easy business to start in the Philippines, where billions of text messages are sent every day. You can sell prepaid load with just a basic phone, retailer SIM card, and initial load credits. Earn around 3% to 13% commission per transaction, averaging from PHP 1,000 to PHP 3,000 monthly.
Capital: PHP 1,000 to PHP 3,000.
- Stay-at-home moms, full-time employees, and students.
- Entrepreneurs who want to boost income from their existing business like a sari-sari store, internet cafe, pharmacy, etc.
- Low startup cost.
- No need for a physical store—prepaid load can be sold from home or anywhere.
Cons: Earning back the money invested can take some time.
4. Local Produce Retailer.
Why it’s a profitable business: Many people are too busy to go to the market to buy fresh fruits and vegetables. Make life easier for them by setting up a fruit and vegetable stand in your neighborhood. You can buy cheap local produce in bulk from Balintawak or Divisoria and sell them per piece or kilo.
Ideal for: Would-be entrepreneurs who are willing to wake up in the wee hours to buy crops to sell.
Pros: Profitable business for hardworking and patient people.
- The constant need for the storage area to be kept clean to avoid pests.
- Wasted crops due to spoiling or rotting.
- Needs to invest in a truck or any large vehicle for procuring and/or delivering the goods.
- Low sales during typhoon season when supply is limited.
5. Online Clothing Store.
Why it’s a profitable business: Sell affordable clothes as a wholesaler or retailer online, and earn a profit margin of around 30% to 70%. Running an online store keeps your business costs low. Source cheap yet quality products from Divisoria, Taytay Tiangge, and ukay-ukay stores.
Capital: PHP 5,000 to PHP 50,000.
Ideal for: People with good fashion sense who want to start a clothing shop but without space for a physical store.
Pros: Low startup cost and ease of setup.
Cons: The challenge of making clothes in a broad range of sizes available.
6. Ukay-Ukay Store/Thrift Clothing Shop.
Why it’s a profitable business: Pinoys on a tight budget flock to ukay-ukay stores to shop for second-hand clothes at bargain prices. Even if you sell discounted garments, you can still earn a high profit, about twice up to four times the item’s original price.
Capital: PHP 5,000 to PHP 70,000.
Ideal for: Fashion lovers with good negotiation skills (when dealing with haggling customers) and an eye for saleable pre-owned garments in good condition.
- Very low investment cost per piece.
- Easy business to start.
- Ukay-ukay items sell quickly because of marked-down prices.
- Occasional slow business days and delays in supply delivery.
- It requires a lot of patience and hard work.
7. Sari-Sari Store.
Why it’s a profitable business: Convenience stores are sprouting everywhere, but sari-sari stores still rule the neighborhoods because Pinoys prefer to buy in tingi. Located in a high-traffic area, a sari-sari store can make PHP 700 to PHP 2,000 daily.
Capital: PHP 5,000 to PHP 70,000.
- Housewives who want to help increase their household income.
- Undergraduates who can’t find a job.
- Easy and affordable business to start from home.
- It can start with a small space of at least 10 sqm.
- Competition with nearby sari-sari stores.
- Unpaid debts of customers can affect profitability.
8. Convenience Store/Mini-Grocery Store.
Why it’s a profitable business: Ready to take your sari-sari store to the next level? Consider putting up a convenience store or small grocery store to sell a wider variety of goods. Grocery retail sales are seen to grow in the next few years24, so take advantage of it.
Capital: PHP 100,000 to PHP 400,000.
Ideal for: Sari-sari store owners who plan to expand their business.
Pros: Stable source of income.
- Requires a large space (at least 250 sqm.).
- Long operational hours, usually 24/7, to meet customers’ needs.
- Inventory losses when food products reach expiration dates.
9. Collectibles Business.
Why it’s a profitable business: Do you collect toys, vintage items, books, comics, or any rare finds? Make your hobby a profitable business by selling the collector’s items. Fellow hobbyists are willing to pay for something they want to have, especially hard-to-find collectibles.
Ideal for: Collectible hobbyists with a keen eye for rare, high-demand items.
Pros: Turning a hobby into profit.
Cons: Requires a lot of patience, as some items don’t get sold immediately due to low demand.
F. Home-Based Online Business.
Related Article: 25 Legit Online Home Based Jobs in the Philippines (Up to Php 160K+)
1. Digital Marketing Services.
Why it’s a profitable business: Get paid using your skills in helping companies drive more traffic to their websites. You can start small by offering services within your specialization, whether it’s SEO, PPC, content writing, web design, or web development. Later on, you can hire professionals in other digital marketing fields to build your own full-service agency.
Ideal for: Digital marketers who are either full-time employees needing a sideline or full-time home-based workers.
Pros: Great way to earn money from selling your skills and improving your digital marketing knowledge.
Cons: The challenge of getting initial clients.
2. Virtual Assistant Business.
Why it’s a profitable business: There have been a boom in virtual assistant (VA) companies in the Philippines because of the growing demand for Filipino VAs. If you’ve had a long and successful career as a VA, increase your earning potential by providing virtual assistance outsourcing services to overseas companies and entrepreneurs.
Ideal for: Freelance virtual assistants who want to start their own business.
- Easy business to start, as you tap your work experience and existing network of clients.
- High demand for VA services in the Philippines because of quality and cheap labor.
- The challenge of finding, hiring, and training new VAs.
- Need to invest in equipment (computers and headsets).
Why it’s a profitable business: Ever considered becoming a full-time professional blogger? This can be a lucrative home-based business, earning you up to PHP 50,000 monthly per blog.
Capital: PHP 2,000 (for the personal domain name and hosting plan).
- Professional writers, stay-at-home moms, travelers, and personal finance experts.
- Anyone who loves to share their knowledge, passion, advice, and experiences.
- Easy and affordable to start.
- A good way to earn passive income.
- Different ways to monetize blog: Google Adsense, brand partnerships, affiliate marketing, sponsored posts, etc.
Cons: Requires a lot of effort and patience in earning money at the start.
4. Medical Transcription Services.
Why it’s a profitable business: The Philippines is considered one of the top outsourcing destinations in the world for medical transcription services25. It’s an opportunity for business-minded Filipinos to start a transcription business from home and hire project-based, part-time transcriptionists.
Ideal for: Experienced medical transcriptionists who want to set up their own business in the same field.
Pros: No need to build or rent an office, as this business can be started from home.
Cons: The challenge of finding qualified transcriptionists with a medical background plus fast and accurate transcribing skills.
5. Software/Mobile App Development.
Why it’s a profitable business: Building software programs or mobile apps is a lucrative freelance business for web developers. Monthly earnings range from PHP 40,000 to PHP 150,000.
Ideal for: Office-based web developers who want to become full-time freelancers.
- Very profitable.
- High demand for software/app developers in the Philippines.
Cons: Requires work experience and highly technical skills in programming languages and/or mobile app development.
6. Online Selling.
Why it’s a profitable business idea: Running a buy-and-sell business is now easy through the internet. It’s also lucrative, especially for entrepreneurs who offer top-selling goods such as gadgets, clothes, and beauty products.
Capital: PHP 3,000 to PHP 20,000.
- People who love to shop online.
- Stay-at-home moms, college students, full-time employees, and anyone looking to earn extra income from selling products online.
- Easy and affordable business to start from home.
- Reaching customers nationwide through various online channels: social media (Facebook and Instagram) and online marketplaces (Lazada, Shopee, OLX.ph, Sulit PH, etc.)
Cons: Dealing with customer complaints due to product defects, delivery delays, and other issues.
Why it’s a profitable business idea: YouTube is the third most visited website in the Philippines, which makes it a good tool to make money online. Vloggers get paid per click or view of ads placed on their YouTube videos. They also earn when they attend events and vlog about them. Some are paid to mention or review a certain product on YouTube. If you consistently share engaging content, earnings can go up to six digits in a month.
Capital: PHP 20,000 to PHP 30,000
Ideal for: People who are comfortable and confident being in front of a camera and can engage viewers with their content
- Fulfilling experience of creating content about something you’re passionate about and sharing it with the world
- Videos catch more people’s interest than blog posts
- Tight competition in popular niches such as travel and food
- Creating and editing videos can be daunting and time-consuming
- Unpredictability and uncertainty of income
Why it’s a profitable business: Dropshipping is an order fulfillment method wherein the seller accepts orders and lets the supplier handle inventory management and product delivery. The market for this almost hands-off business is huge as online shopping activities continue to increase not only in the Philippines but anywhere in the world26.
Capital: PHP 0 (for home-based dropshippers who run online stores on their clients’ behalf) to PHP 120,000 (if you own the business).
Ideal for: Home-based freelancers and entrepreneurs who are looking for a sustainable source of income.
- No need to keep a physical inventory
- Has little risk and lower capital investment
- Streamlining cash flow and invoicing leads to efficiency
- Flexible location
- Easier to test
- High competition since there’s low barrier to entry
- Zero control over product quality and shipping
- Lower profit margins
9. Online English Teaching Business.
Why it’s a profitable business: Teaching English online is a lucrative business for English as a Second Language (ESL) teachers. The demand for ESL teaching is growing due to the number of learners, mainly in China, Korea, and Japan. It is easy to start this business and on average, ESL teachers earn a minimum of PHP 140,000 per year.
Ideal for: English as a Second Language (ESL) teachers who want to start their own business
- Has a big potential market
- Flexible schedule
- Opportunity to meet people with different cultural backgrounds
- Challenge of finding, hiring, and training certified ESL teachers
- Need to invest in equipment (computers/laptops, webcams, and headsets)
- High competition
G. Rental Business.
1. Piso Wi-Fi.
Why it’s a profitable business: Take advantage of the Filipinos’ tingi culture and obsession with smartphones and social media by opening a Piso Wi-Fi business that provides affordable internet access. You just need to buy a coin-operated internet vending machine and pay for a monthly internet connection and electricity bill. Sales range from PHP 10,000 to PHP 40,000+ per month.
Capital: PHP 15,000 to PHP 30,000.
Ideal for: Tech-savvy people who want to earn passive income.
- Easy to set up; requires lower capital than an internet cafe.
- Very profitable business.
- Quick ROI in three to four months.
Cons: Needs reliable and high-speed internet (at least 20Mbps).
2. PisoNet Business.
Why it’s a profitable business: The rise of free public Wi-Fi, cheap smartphones, and portable gaming devices has led to the doom of many internet cafes. While the traditional internet cafe is no longer viable, all is not lost if you want to venture into this kind of business. Through a PisoNet business, you can offer sulit internet (one peso per 4-5 minutes) that students and low-income earners can afford. With five PisoNet machines, you can earn around PHP 20,000 monthly.
Capital: PHP 125,000 to PHP 150,000 (for five PisoNet machines with printers and chairs).
Ideal for: People with computer/IT background, OFW families, and those living near schools.
- Easy to set up and maintain.
- Less prone to theft than conventional internet cafes, as PisoNet coin boxes have locks.
- No need to rent a space if you have an extra room at home.
Cons: Must supervise minors to prevent access to illicit websites and avoid getting your business into trouble with the law27.
3. Videoke Machine Rental.
Why it’s a profitable business: There’s a large market for a videoke rental in the Philippines, even in remote barangays where singing is a favorite activity in birthday and fiesta celebrations. You can start with one to five machines and rent them out for PHP 600 to PHP 1,500 each.
Capital: PHP 20,000 to PHP 60,000 per unit.
Ideal for: Videoke enthusiasts living in neighborhoods where people usually rent videoke units.
Pros: High demand for videoke machines for rent.
- High maintenance and repair costs.
- Requires a vehicle for videoke delivery and pickup.
4. Airbnb Rental.
Why it’s a profitable business: Foreign and local travelers prefer booking their accommodations via Airbnb because of its cheaper rates than hotels. Do you have an idle apartment or condominium unit? Earn around PHP 40,000 to PHP 50,000 monthly by renting it out on Airbnb.
Capital: At least PHP 100,000 for renovating and/or furnishing the unit.
Ideal for: Apartment and condo owners with an unoccupied unit in a good location.
- High demand for short-term rentals in the Philippines.
- Listing a property for rent on the Airbnb app is free (The company earns commissions from bookings).
- Risk of property damage due to reckless guests and natural disasters.
- Requires regular maintenance and housekeeping.
5. Drone Rental.
Why it’s a profitable business: Drones are expensive, especially popular brands. People would rather rent than buy a drone they’ll use only once. If you own several drones, you can rent them out for PHP 1,500 to PHP 2,000 each per day. You can earn more (over PHP 5,000 per day) if you’ll be operating the drone for prenup, wedding, commercial, and corporate shoots.
Capital: PHP 25,000 to PHP 100,000 per drone.
Ideal for: Drone enthusiasts who seldom use their drones.
Pros: Easy business to start from home.
Cons: Difficulty finding initial clients.
6. Formal Wear Rental.
Why it’s a profitable business: Budget-conscious Pinoys rent gowns and suits for weddings, proms, debuts, and other events to save money instead of buying brand-new ones. You can start a rental business offering formal attire for men and women and charge PHP 300 to PHP 7,000 apiece.
Capital: PHP 300,000.
Ideal for: Fashion designers, tailors, and seamstresses.
- High demand for gowns and suits all year round.
- It can be started from home and marketed online.
Cons: Requires sewing skills and equipment for alterations to match customers’ sizes.
7. Costume Rental.
Why it’s a profitable business: Cosplayers, students, and employees need costumes and props for different events and occasions. Offering costumes for rent can earn you good money, from PHP 500 to PHP 2,000 per costume.
Capital: PHP 500 to PHP 6,000.
Ideal for: Creative people who love designing and creating costumes.
- High demand for costumes all year round.
- High sales during peak seasons like Halloween and Christmas.
- Enjoyable business for anyone who loves costumes.
Cons: Occasional repairs are needed to fix any damaged costume due to customers’ negligence.
H. Events Business.
1. Photo Booth Rental.
Why it’s a profitable business: Photo booths are a hit in birthday, wedding, baptismal, reunion, and corporate parties in the Philippines. No wonder because Pinoys love keeping their photos as keepsakes. Photo booth suppliers charge PHP 3,000 to PHP 5,000 per two to four-hour event. So the more frequent you’re booked, the larger the profit you’ll make.
Capital: PHP 75,000 to PHP 250,000.
Ideal for: Employees with a passion for photography who want to earn extra income on weekends.
Pros: High demand for photo booths for events.
- ROI takes time (after at least 15 bookings).
- Difficult to sustain as a full-time business because of lean months (Photobooth business is better as a side business for people with day jobs).
1. Indoor Plant Business.
Why it’s a profitable business: Love taking care of plants and want to make money from it? Grow and sell ornamental plants from home. This profitable business can earn you up to 400% profit per plant.
Capital: PHP 3,000 to PHP 10,000.
Ideal for: Senior citizens and gardening enthusiasts.
- Low-investment, high-return venture.
- It requires only a small backyard for growing plants.
- Therapeutic, relaxing activity for gardening enthusiasts.
- Controlling plant pests and diseases.
- May need to invest in a vehicle or hire a delivery service for transporting plants to customers.
2. Mushroom Business.
Why it’s a profitable business: Mushroom farming28 has so much potential in the Philippines where there’s a growing demand for gourmet and organic mushrooms (which are used as ingredients for chicharon, noodles, burger patties, and other organic food products). Only 2% of mushrooms are locally grown (the rest are imported), so there’s a large market for this high-value crop.
Capital: PHP 5,000 to PHP 10,000.
Ideal for: Agripreneurs who want to try something new for their business and have the ideal location with the right environment for growing a certain type of mushroom.
- High-income potential (like one entrepreneur who makes PHP 80,000 to PHP 100,000 weekly selling oyster mushrooms).
- Can grow mushrooms in your own backyard.
- Easier to cultivate compared to other crops (Mushrooms aren’t prone to pest attacks and thus don’t need many pesticides).
- 66% ROI in as fast as four months.
Cons: Need to thoroughly study and understand the nature of mushrooms and their production before starting the business.
Why it’s a profitable business: Filipinos are naturally drawn to sweet foods like chocolate so there’s always a market to be tapped. What’s more, you can start this business even with a small investment. With the right ingredients and proportion, you can thrive in this business and help out cacao farmers as well.
Capital: Using a basic recipe29, a capital of PHP 283 can produce as much as 1.126 kilos of dark chocolate which can be sold for PHP 1,000/kilo with an estimated profit of PHP 843. Meanwhile, a capital of PHP 594 can make 1.110 kilos of milk chocolate which can sell for PHP 1,000/kilo with an estimated profit of PHP 586.
Ideal for: Chocolatiers, entrepreneurs, or cacao farmers
- Requires small capital
- Large ROI
- Has a big potential market
- Easy to start
- Competition is growing
- Marketing skills are a must
4. Medicinal Plant Farming.
Why it’s a profitable business: The pharmaceutical industry has an increasing demand for raw materials due to Filipinos’ growing interest in traditional herbal medicine. Therefore, there is a large market for medicinal plants. For instance, farmers can earn an extra income of PHP 30,000 a year from lagundi (herbal medicine) farming alone.
Capital: For agripreneurs with a farm → PHP 167,000 – PHP 447,000
Ideal for: Agripreneurs who want to tap into the growing herbal medicine industry in the country
- High-income potential
- Cultivation ensures a constant and regular supply of genuine drugs
- Being able to use sustainable indigenous medicinal plants
- It may take a while before you obtain a large financial return
- Must take into account general considerations for herbal farming such as the nature of the soil (must be free from heavy metals), site profiling of the farm, and location of the plantation (must be far from pollution)
- Has a high cost of production
J. Summer Business Ideas.
1. Swimming School/Swimming Instructor.
Why it’s a profitable business idea: Every summer, parents look for coaches who will train their children to swim. Some adults also want to learn this critical life skill. You can start giving private swimming lessons in your pool or your client’s. Later on, you may expand your business by building your own swim school.
Ideal for: People who are knowledgeable and passionate about swimming and love interacting with kids
- Teaching can be enjoyable if you love being around kids
- No startup cost if you already have a pool in your home or if you’ll conduct lessons in your client’s pool
- Requires swim coach and Red Cross certifications
- Needs patience in training children and adult beginners
2. Halo-Halo Stall.
Why it’s a profitable business idea: Halo-halo—the popular Pinoy dessert—is a best-seller during summer. You can earn extra cash during the scorchingly hot season by starting a small halo-halo stall in your home. If it sells well, you can add more items to your menu (like kakanin and snacks) and eventually grow your business.
Capital: PHP 1,000 to PHP 10,000
- Stay-at-home moms
- Entrepreneurs (especially those who own a restaurant, eatery, or bakery in an ideal location) who are looking to increase their income during summer
- Cheap and easy-to-find ingredients
- It doesn’t require a large space
- Can maximize income by offering other cold treats like ice candy, saba con yelo, and mais con yelo
- The short shelf life of halo-halo ingredients
- The challenge of offering something unique to beat the competition
3. Ice Candy Business.
Why it’s a profitable business idea: Affordable cold treats like ice candies are a hit among kids and adults to beat the summer heat. Making and selling ice candies can be an easy source of income. You can start selling from home or peddling in your neighborhood.
With sheer hard work and perseverance, selling ice candies with low capital can grow into a multi-million business30 as a distributor to sari-sari stores, carinderias, schools, or markets.
Capital: PHP 300 to PHP 1,000
- Stay-at-home moms and unemployed people who want to try entrepreneurship
- Students who want to earn money while on summer vacation
Pros: Easy and affordable business to start
Cons: Needs a lot of patience to grow this small business
4. Fruit Shake Business.
Why it’s a profitable business idea: Seasonal fruits like mangoes, melons, avocados, and watermelons are abundant and cheaper in summer. Why not make something profitable out of fresh fruits during the hottest months of the year? You can start this summer business from your home, with customers coming in for a refreshing drink.
Capital: PHP 1,000 to PHP 10,000
Ideal for: People looking to earn extra cash every summer
- Draws in a lot of health-conscious consumers
- Profitable in locations with good foot traffic
Cons: Can’t stock too many fruits, as they easily spoil
K. Recycling Business Ideas.
1. Junk Shop.
Why it’s a profitable business idea: Starting a junk shop or scrap trading business is a great opportunity to convert the trash into cash. Take it from the rags-to-riches story of a garbage collector31 who became a millionaire through sheer hard work.
This small business involves buying scrap metals, used bottles, cartons, plastics, and newspapers and selling them at higher prices to recycling agents and factories. You can earn about PHP 2,000 to PHP 8,000 per week with just a truckload of scrap metals.
Capital: At least PHP 100,000
Ideal for: Open-minded entrepreneurs who have adequate space and proper location for a warehouse and can negotiate for best deals with recycling agents
Pros: The ability to support environmental conservation efforts through proper waste disposal and earning good money from it
Cons: Complying with strict government requirements and regulations32 on junk shop operations
2. Selling Used Books and Magazines.
Why it’s a profitable business idea: Got too many books on your shelves? If you have no plans of re-reading them, why not make money out of your reading collections? Sell old books, textbooks, comics, magazines, romance novels, pocketbooks, and any reading materials.
Nowadays, it’s easy to find buyers online through buy-and-sell websites and online marketplaces. You can also sell to book stalls and second-hand bookshops in Recto. If your collections include popular titles and rare or vintage books, then you can sell them at higher prices.
Ideal for: Book enthusiasts and anyone with massive book collections at home (and are willing to let go of them in exchange for cash)
- No capital required, as you’re selling books you already have
- Easy business to start from home
- Great way to declutter bookshelves
- Promoting the reading habit in the community through second-hand books
Cons: Needs a lot of patience, hard work, and determination, especially during weeks and months of no sales
3. Selling Recycled Crafts.
Why it’s a profitable business idea: Feeling crafty? Turn scraps into crafts and cash with a recycled crafts business. Starting this venture won’t cost you a lot because the materials are readily available in your home or from neighbors: plastic bottles, plastic wrappers, old clothes, and other common household items. These can be upcycled into home decors, bracelets, purses, bags, picture frames, and anything your imagination can come up with.
Ideal for: Business-minded and creative people with skills in arts and crafts
- A good creative outlet that generates income
- The ability to support environmental conservation efforts through recycling
- Producing crafts can be tedious and time-consuming
- The challenge of finding buyers who are interested in recycled crafts
L. Printing Business Ideas.
1. T-Shirt Printing.
Why it’s a profitable business idea: T-shirts are easy to sell all year round, what with the popularity of couple shirts and statement shirts with witty or hugot lines. Orders can surge during election periods for campaign shirts and the holiday season for customized shirts as gifts and giveaways. Depending on the shirt design, you can earn as much as 100% to 500% profit per piece.
Capital: PHP 15,000 to PHP 700,000
Ideal for: Designers and creatives who want to start a small business
- Easy business to learn and operate
- Can start with low capital and from home
Cons: The challenge of finding the right suppliers for T-shirts, printing equipment, and ink
2. Tarpaulin Printing.
Why it’s a profitable business idea: If you want to break into the printing industry, one of the most profitable options is a tarpaulin business. There’s a good demand for printed tarps in the Philippines. Families use them for birthdays, anniversaries, graduations, and other occasions. Businesses use them for signages, advertisements, and company events. Politicians need them for their campaign ads and banners every election.
Capital: PHP 50,000 to PHP 1 million
Ideal for: Entrepreneurs with graphic design knowledge and/or have experience running another type of printing business (e.g., digital printing and printing)
Pros: Potential for growth33 with the right combination of hard work, dedication, and strategy
- Intense competition
- Slow ROI
3. Photocopy Business.
Why it’s a profitable business idea: Photocopy or “xerox” centers are still thriving in the Philippines because they provide cheap copying services to students and employees. Even if several photocopy businesses are already existing in your area, you can still beat them by offering higher-quality services at lower costs. The key is to start your business with low-cost, refurbished, or second-hand photocopying machines.
Capital: PHP 30,000 to PHP 120,000
Ideal for: Aspiring entrepreneurs who live or can find a good rental space near a school, government/private office, or any establishment that need bulk copying services
Pros: Cheap business to start with a potential for profit
Cons: Risk of losing customers when your photocopying machine is broken or when you run out of toner or paper
4. Digital and Offset Printing Services.
Why it’s a profitable business idea: Personalized printing services are in demand all year round, especially during peak seasons like Christmas holidays and elections. You can earn huge profit from your printing business when you get bulk orders for customized giveaways like mugs, button pins, caps, and shirts, as well as corporate materials like business cards, flyers, brochures, calendars, and posters.
The emergence of more advanced printing technologies nowadays allows for faster and more efficient printing of various types of items in large quantities.
Capital: PHP 10,000 to PHP 200,000
Ideal for: Enterprising Pinoys with knowledge in graphic design and operating printing equipment
- Can start with a small investment and then scale up later on
- Doesn’t require a large space for the printing equipment
Cons: Risk of reduced productivity and sales when printing equipment fails to work
M. Health and Beauty Business Ideas.
1. Beauty Salon/Barber Shop.
Why it’s a profitable business idea: Beauty is a booming industry in the Philippines, thanks to the rise of the middle class who are willing to pay for hair care and grooming services to look and feel better.
Specifically, there’s an increasing demand for popular hair treatments like rebonding and Brazilian blowout. Your salon business can be a lucrative one if you’re able to satisfy customers with your top-notch-quality services.
Capital: PHP 500,000 to PHP 3.5 million
Ideal for: Hairstylists, hairdressers, or beauty enthusiasts who want to start their own business
- Profitable business if it’s in a high-foot-traffic location
- The fulfillment of helping people feel great about themselves
- Can start offering salon services from home
- Need to be constantly updated on the latest hairstyle trends, products, and services
- Need to adequately and regularly train personnel, as well as purchase high-quality hair products, to avoid unpleasant results like damaged hair and skin rashes
2. Hair and Makeup Services.
Why it’s a profitable business idea: Do you love makeup? Thinking about shifting to self-employment? If you’re skilled in networking, starting a freelance business as a professional makeup artist is a way to go. Once you’ve established your brand after a few years, you can earn as much as Php 50,000 per month serving clients in the wedding, corporate, publishing, and/or entertainment industry.
Capital: PHP 12,000 to PHP 50,000
Ideal for: Makeup artists and enthusiasts who want to earn money from their passion for cosmetics
- Getting paid for doing the job you love
- Can start the business from home (or traveling to clients’ locations) at a low startup cost
- Can start as a side business while maintaining a full-time day job
- Flexible work schedule
- Paying expensive tuition if you take up a makeup artistry course in a beauty school
- Zero to low earnings in the first few years, as you’re honing your skills and building your brand as a makeup artist
- Need to invest in a vehicle, so you can quickly go to your clients and conveniently bring your professional makeup kit
3. Spa/Massage Therapy Business.
Why it’s a profitable business idea: In this day and age of fast-paced lifestyles, many working professionals turn to spa and massage centers to relieve stress and body pains. So much so that these businesses are often fully booked, especially on weeknights and weekends. The high demand for massage therapy services makes this venture a financially rewarding small business idea.
Capital: PHP 400,000 to PHP 10 million
Ideal for: Massage enthusiasts and anyone trained in massage therapy who want to build their own spa or massage business
- Great demand for massage services in the Philippines
- Can start small by offering affordable home massage services to clients in your neighborhood
- The fulfillment of helping people get their needed relaxation and rejuvenation
- Capital intensive even if the business is just catering to lower-income clients
- The challenge of standing out and offering something different from the usual spa and massage offerings of competitors
4. Soap Making Business.
Why it’s a profitable business idea: Nowadays, there’s a growing preference for natural personal care products among health-conscious and environmentally conscious consumers. With handmade or herbal soaps, you provide a healthy, eco-friendly alternative to commercial bath soaps that contain harsh chemicals. Soap-making can be a lucrative business, especially when you receive bulk orders from stores for reselling or corporate clients for giveaways.
Ideal for: People with a background in chemistry or chemical engineering
- Can be started from home with a small capital, simple ingredients, and standard kitchen equipment
- Income-earning opportunity from a fun hobby
- Potential to grow into a multi-million business34
- The tedious and time-consuming process of producing soap
- Stiff competition with other handmade soap products in the market
- The challenge of finding natural raw material suppliers
5. Gym/Fitness Center Business.
Why it’s a profitable business idea: Many social media-savvy millennials are conscious about their looks and health. They’re looking for an accessible gym with affordable rates where they can work out to stay fit. You can make money from this profitable market by opening a small gym or fitness center in your home or a heavy foot traffic location.
Capital: PHP 3 million to PHP 15+ million
Ideal for: Trained and certified fitness instructors who want to shift from employment to entrepreneurship
Pros: The rewarding experience of sharing your passion for fitness and helping people meet their fitness goals
Cons: High capital required, more so if you’ll buy a franchise of a well-known gym brand
N. Tourism Business Ideas.
1. Tour Guide Services.
Why it’s a profitable business idea: Tourism is a lucrative industry in the Philippines, especially in places most frequently visited by foreigners. If you’re passionate about showcasing the beauty and interesting stories of the different attractions in your area, you can build a financially and emotionally rewarding business as a private tour guide.
You can start offering personalized walking tour services. To boost your income, you may partner with travel agencies to hire your services as an add-on to their tour packages.
Ideal for: Local culture and history buffs who live near (or can regularly travel to) popular tourist attractions, love talking to people, and can speak English (especially those who can also speak other foreign languages like Chinese, Japanese, and Korean)
- Earning income from doing something you love
- Opportunity to meet people from different cultures and walks of life
- Sharing your passion for Philippine culture and history
- Dealing with bad-tempered and dissatisfied tourists
- May need to buy or rent cars and vans to transport tourists
2. Adventure Tourism Business.
Why it’s a profitable business idea: Do you love hiking, surfing, paragliding, or any other outdoor activity? Turn your passion into profit by starting an adventure travel business.
There’s certainly a market for adventure tourism. Studies found that millennials would rather spend money on experiences than things35. And with the many air, land, and water adventure destinations in the Philippines, you can offer different tour packages to young adventure junkies.
Ideal for: Outdoor adventure enthusiasts
Pros: Feeding your passion for adventure while earning money from it
Cons: Inclement weather, natural disasters, or closure/regulations of adventure destinations may affect income
3. Travel Agency.
Why it’s a profitable business idea: Travel is one of the most profitable industries in the Philippines, thanks to the growing number of domestic tourists and the influx of foreign visitors. A travel agency caters to business or leisure travelers who have no time for DIY travel planning.
You have various ways to make money as a travel agent. You can sell tour packages, airline tickets, hotel accommodations, travel insurance, car rental services, cruises, and more. You may also offer passport and visa processing assistance, as well as travel Wi-Fi rental.
Travel agencies earn as much as PHP 80,000 during low season to PHP 200,000 per month during peak season through commissions and markups for every closed sale.
- Home-based travel business package: PHP 2,500 to PHP 30,000
- Modest commercial travel agency: PHP 50,000 to PHP 300,000
- Larger-scale travel agency (corporation): At least PHP 500,000
Ideal for: Starting entrepreneurs with a passion for travel and who enjoy organizing tours and travel planning
- High demand for services of travel agents in the Philippines
- Easy business to learn, even if you have little travel background (by attending a seminar on setting up a travel agency)
- Can operate as an online business from home with low capital and small workspace
- Requires minimal office equipment (computer with an internet connection, phone lines, printer, etc.)
Cons: Need to establish first a solid network of partner hotels, freelance tour guides, tour operators, car rental companies, and other travel-related businesses
O. Transport Business Ideas.
1. Car Rental Business.
Why it’s a profitable business idea: Do you have a newly purchased vehicle that you don’t use that often? You can turn that idle asset into a profitable business. Offer a car rental service to tourists, business executives, corporate clients, and regular motorists whose cars break down. It’s a lucrative business once you’ve acquired repeat customers who are happy with the quality of your service and may get you new clients through word of mouth.
Ideal for: Anyone who can drive and owns at least one vehicle that can be put up for rent
- Easy business to start from home with only one vehicle36 or two and a garage and then expand your fleet when you’ve saved up for a bigger capital
- Opportunity for growth: Can expand services to include tour guides, group tour packages, bridal car rental, deliveries, and more
- Expensive cost of car ownership (e.g., maintenance, repairs, insurance, fuel, etc.)
- Fast depreciation of cars
- Risk of vehicle damage and theft
- Complying with strict government regulations on car rental companies in the Philippines
2. Bicycle Rental Shop.
Why it’s a profitable business idea: Although the Philippines isn’t as bike-friendly as the Netherlands and China, there’s still a market for bicycle rentals in the country. There are hobbyists and health-conscious millennials who can’t afford to get their own bikes yet—they can be your customers.
You can put up a bike rental shop in a park, biking trail, or biking destination37 where your target customers are located.
Ideal for: Cycling enthusiasts and anyone knowledgeable on bike operation and repair who can find a suitable location near a biking destination
- Potential for expansion: Can start with one or two bikes for rent and then expand later on to sell bicycle parts and accessories or offer bike repair services
- The fulfillment of helping people stay fit and contributing to environment conservation
Cons: Risk of bike rental inventory loss from damaged bikes due to accidents or careless renters
3. Moving Company/Lipat-Bahay Service.
Why it’s a profitable business idea: The worsening traffic in the metro has led to a recent trend: working professionals moving to condos and apartments near their workplace. This presents an opportunity for entrepreneurs to provide moving aka lipat-bahay services. Through this type of transport business, you’re fulfilling a need—a stress-free and hassle-free relocation—while making good money from it.
Capital: At least PHP 300,000+ (small truck) to PHP 600,000 (utility van)
Ideal for: Van and truck owners who wish to maximize their vehicle’s earning potential
- Can start with a van or small truck and then gradually expand your fleet with bigger trucks
- Easy startup by joining logistics companies or apps (such as Lalamove, Mober, and Transportify) as a partner driver/operator
- Can be an additional service to a car rental business to increase income
- Need to build and maintain a secure and climate-controlled storage space for furniture, appliances, and other household items
- Damage to items may affect business reputation
4. Logistics/Trucking/Hauling Services.
Why it’s a profitable business idea: Along with the growth of manufacturing and retail industries in the Philippines is the increasing demand for logistics services, such as trucking, that can efficiently transport goods. Thus, starting a trucking business now—especially as a B2B service—will be a great investment for the future.
Capital: At least PHP 500,000 to PHP 1 million
Ideal for: OFWs and employees in the trucking department of a manufacturing company who wish to shift to self-employment
- High ROI despite high startup capital
- A great demand for trucking services in the Philippines
- High startup cost
- Heavy regulation in the trucking industry: Plenty of legal requirements and fees for securing a permit to operate a trucking business in the Philippines
- Truck ban policies in Metro Manila, plus heavy traffic, that can lead to delivery delays
- Risk of cash flow issues when clients take several months to pay for deliveries
5. Modern Jeepney Franchise.
Why it’s a profitable business idea: The government’s public utility vehicle (PUV) modernization program is a controversial issue in the Philippines—with transport groups protesting its implementation due to the high cost of e-jeepneys. But for enterprising Filipinos, this can be a potentially profitable venture, as eco-friendly PUVs are expected to replace the old traditional jeepneys that will soon be phased out38.
Capital: PHP 1.4 million to PHP 2.5 million per unit
Ideal for: Existing and prospective jeepney operators, OFWs, and anyone with enough capital who plans to enter the transport industry
- Increased ridership due to cleaner, safer, and eco-friendly PUVs
- Can save on cleaning, maintenance, repair, and fleet management costs
Cons: High capital cost
6. TNVS/Ride-Hailing Services.
Why it’s a profitable business idea: In Metro Manila and other key cities in the Philippines, app-based ride-hailing services, also known as transport network vehicle service (TNVS), are enjoying a higher preference among commuters over taxis for their premium service—even if their rates are higher.
If you own a car and you’re thinking of driving it for profit in your free time, you can join any ride-sharing companies like Grab, OWTO, and HYPE as a TNVS operator or driver.
Ideal for: Car owners who want to use their vehicle to generate income
- Great way to earn money on the side
- Potential to increase income through incentives and other perks offered by TNVS companies
Cons: Tedious franchise application process with the LTFRB
P. Home Repair and Improvement Business Ideas.
1. Interior Design Business.
Why it’s a profitable business idea: Interior design can be a lucrative business, as long as you set your rates right. Consultation fees alone range from PHP 4,000 to PHP 10,000 per day. You can charge at least PHP 50,000 for every small project or renovation project. There’s a market for interior designers in the Philippines—homeowners, entrepreneurs, and companies hire interior designers to plan and decorate their spaces.
Ideal for: Licensed interior designers who are considering self-employment
- Profitable business if you have connections with real estate agents, architects, and reliable suppliers and contractors
- Opportunity to pursue your passion for interior design while making money from it
Cons: Requires education, training, and experience, which can take time
2. Liquid Detergent Business.
Why it’s a profitable business idea: Making and selling liquid detergents for home or commercial use can be a lucrative business that provides a cheaper alternative to expensive liquid detergent brands. A liquid detergent business requires only a small capital, yet you can earn 40% to 45% profit per bottle.
Capital: At least PHP 2,000
Ideal for: Housewives and anyone looking for affordable home-based business ideas
- Low startup cost with high profit margins
- Easy product to make with simple utensils readily available in the kitchen
- Easy-to-source raw materials from supermarkets and chemical retailers
Cons: To sustain the business, you need connections with laundry shops, restaurants, eateries, and other businesses that use liquid detergents
3. Residential/Commercial Cleaning Services.
Why it’s a profitable business idea: There’s an increasing demand for cleaning services, especially in Metro Manila where people lead fast-paced lifestyles.
You can offer your services to working professionals and students who rent an apartment or condo and have no time to clean their space. Or you can target commercial clients, providing services to offices, schools, and malls. Corporate downsizing is a trend nowadays, as businesses eliminate their in-house janitorial teams and outsource cleaning services to third-party providers instead.
If you’re able to provide a satisfactory service, your existing clients will refer you to others who might become your clients, too.
Ideal for: Kasambahays who have saved enough capital to start a business and newbie entrepreneurs who have the passion and patience for this type of business
- Easy business to start with a low startup cost
- Can start from home on a part-time basis
- Can get free TESDA training on housekeeping to provide quality services
Cons: The challenge of finding your first clients, especially if you’ll target commercial clients
4. Pest Control Services.
Why it’s a profitable business idea: Termites, cockroaches, mosquitoes, mice, and other pests exist everywhere and can cause health and sanitation issues. This is why households and businesses avail of pest control services to eliminate pests and protect their properties from infestation.
You can offer termite control, rodent control, fumigation, and other similar services. By providing such services, you can build a profitable venture because of the high probability of getting long-term and repeat business.
Ideal for: Employees of pest control services companies who wish to start their own business
Pros: High profitability from repeat customers
- Complicated business to learn for entrepreneurs who are new to this field
- Low-season months
- Exposure to harmful chemicals
5. Furniture Upholstery Business.
Why it’s a profitable business idea: Upholstery is a thriving business. Rather than buy new furniture, people would rather save money by re-upholstering their antique pieces or those damaged by pets or normal wear and tear. You can fulfill such a need with your upholstery business.
Ideal for: Furniture makers or anyone with sewing skills who enjoys working on furniture
- A low-cost business that can be started from home on a part-time basis
- Doesn’t require a large space
Cons: The challenge of getting your first customers; may need to offer low introductory rates when you’re starting out to build a client base
6. Landscaping Business.
Why it’s a profitable business idea: Turn your hobby or profession in landscaping into a profitable business. There are plenty of opportunities for anyone who plans to enter this industry. You can provide gardening consultancy and maintenance, indoor and outdoor landscaping, and other landscaping services to households, offices, schools, restaurants, resorts, and other establishments.
Ideal for: Landscape artists, architects, and hobbyists who want to start a business, as well as gardening enthusiasts who love decorating home interiors and exteriors with ornamental plants
- Can start from home while maintaining a day job
- Work flexibility
- Off-peak periods like typhoon season and tough economic times
- Doesn’t require training but need to make time and effort to learn gardening basics and techniques
7. Plumbing/Electrician/Handyman Services.
Why it’s a profitable business idea: There will always be something that needs fixing in a home. Sinks and toilets can get clogged. The roof and faucets can get leaky. Electrical connections can get faulty. Many homeowners lack the time and knowledge for DIY home repairs, so they turn to pros who can do the job for them.
Ideal for: Knowledgeable and experienced people in home repair and maintenance
- Cheap and easy business to start if you already have the handyman tools and equipment
- Can start from home as a side business
- Potential high profits
- Building a profitable client base may take time
- You (or the worker/s you hire) must be in a good physical condition
Q. Real Estate Business Ideas.
1. Real Estate Broker/Agent.
Why it’s a profitable business idea: Real estate in the Philippines is a booming industry, with the growth in condominium and infrastructure developments in recent years. This is why selling real estate properties is highly profitable, and brokers earn huge commissions for every sale closed.
Ideal for: Qualified people with strong people skills and sales skills
- High profitability through commissions with little capital
- Flexible work schedule
- The fulfillment of helping clients find their dream home or sell their home at the best price
- Requires a degree in Real Estate Management before taking the broker’s licensure exam
- Must be registered and licensed by the Professional Regulation Commission (PRC)
How To Find the Best Small Business Ideas in the Philippines With High Profit: 3 Steps.
To choose the right business idea, you have to factor in your passion, skills, experience, and the current demand in the market.
By choosing from the best business ideas in the Philippines that fit your values and market, you already have the battle half-won.
Let’s dive right in.
1. Look for ideas within yourself.
A business idea that is not in harmony with who you are will not only make you miserable but also waste a lot of your precious time that you’ll never get back.
This is why you don’t choose a business idea just because it’s popular or someone you know reaped great success from it.
Amateurs pick any business idea they fancy. Pros only choose those that are in line with their passion, core gifts, and values.
To ensure you end up with a perfect match, follow these tips:
a. Tap into your expertise.
If you’ve been struggling to find a feasible business idea, look no further than your own experience and skill set.
Regardless of what type of job you have or previously had, you most likely have a skill that can spawn a great business idea.
Cooks can open small restaurants, waiters can launch a catering business, renal nurses can start a dialysis center, teachers can offer tutorial services, dancers can launch a dancing school, and so on and so forth.
b. Turn your hobby into an enterprise.
Although there’s always a risk that you might eventually dislike your hobby once you turn it into a business, its money-making potential far outweighs it.
Do you have a hobby that can benefit others too? Perhaps it’s time to explore its potential. For example, if you love baking cakes, you may offer made-to-order cakes on Facebook or focus on a niche like wedding cakes and dominate it.
Gardening aficionados, on the other hand, may sell bonsai plants, garden fountains, or rent out the whole garden during special events like weddings. Even hobbies as obscure as collecting old toys may also profit from a buy-and-sell business model.
c. Put your technical knowledge/skills to good use.
If you have had technical training from TESDA, you can also take advantage of it by opening a business based on the skills you learned.
Earning a certificate in massage therapy, for instance, gives you an opportunity to provide massage services for a fee or hire other therapists to open a spa or massage clinic.
For those who are adept in auto repair, you may consider opening an auto repair shop where you can offer your services and sell auto parts/accessories at the same time.
d. Fix something that bothers you.
Can’t find a cosmetic product that cares for your sensitive skin? Formulate your own and hit it big like what Happy Skin did.
Are you sick of the subpar and bland bread being sold by the only bakery in your barrio? Consider opening another one to give your people a better alternative.
Every time you catch yourself complaining why this product or service isn’t available within your vicinity, or why no one bothers to improve what is already available, stop for a second. It could be a viable business opportunity ripe for the taking.
Remember, entrepreneurship is all about problem-solving. No matter how small your pet peeve is, it might inspire you to create a product or business that will make your and other people’s lives better.
e. Choose an industry that interests you.
There are people who are convinced they don’t have any passion or skill/experience that can potentially turn into a business.
If you’re one of them, I suggest that you either look a little deeper or simply choose an industry that interests you. Who knows, you might learn to love it in the process and eventually make a business empire out of it.
What matters is you don’t stop trying.
As Martin Luther King once said, “If you can’t fly, then run. If you can’t run, then walk. If you can’t walk, then crawl, but by all means, keep moving.”
Here are 5 different business industries you can explore:
- Product industries are mainly about manufacturing and selling products. Examples: baking cakes, making pieces of jewelry, and producing children’s toys for the mass market.
- Service industries, as the name suggests, are service-oriented enterprises that provide either creative or technical/professional services in exchange for a fee. Examples: tailoring shops, call centers, internet cafes, beauty parlors, and repair shops.
- Process industries are only involved in one or two phases of the manufacturing process. This means that instead of making the product itself, these industries only provide vital components to create it. These could be initial operations on raw materials like cutting or sawing; final operations like packing; and/or skilled operations like testing and woodcarving.
- Subcontracting industries perform subcontracting work for other businesses. For example, to save on operational costs, subcontractors are hired by companies to find smaller shops to manufacture the components and supplies in smaller quantities.
- Trading industries include the sari-sari store and other businesses that profit through a simple buy-and-sell transaction. Another emerging example is entrepreneurs who provide soft drinks to restaurants that used to deal directly with the beverage manufacturers.
2. Look for ideas around you.
Passion and grit won’t take you far if there’s no market willing to buy your product.
You don’t just choose a business idea because you like it; you choose it because there’s a demand for it. At the end of the day, the goal of every business is to profit.
Hence, it’s not enough to look inside, you also have to look outside. Here are a few ways to do it:
a. Fulfill unmet needs.
Consumers’ needs are at the cornerstone of every business. Whether it’s the need to belong, eat, sleep, or feel good, there’s always business ready to provide it.
It doesn’t mean you have to compete with the big dogs. If you’re thinking of starting a small business in the Philippines, there’s no better place to start looking for ideas than your own community.
Look for a human need in your barangay or municipality that can only be fulfilled by going to another place.
For example, if the nearest bakeshop in your place is 30 minutes away, consider starting your own so people won’t have to travel just to buy pandesal.
Are expensive medicines weighing your people down? Perhaps it’s an opportunity to open a drugstore offering low-cost but high-quality generic medicines.
Remember, the more problem you solve, the more likely your business will thrive.
b. Find a gap in the supply-demand chain.
Being the first one to tap into a business opportunity definitely gives you a headstart. However, it doesn’t mean others can no longer join the bandwagon.
It all boils down to supply and demand. If the current demand for a product or service is high but the available supply (businesses) can’t keep up, there might be enough room for competition.
For example, if there’s only one water refilling business in your place, one that can only serve half of the community, you should explore the possibility of opening another one to establish equilibrium in the supply-demand scale.
c. Create alternatives for imported goods.
Also known as “import substitution,” this strategy aims to find products we usually import and tap into local resources to produce a cheaper alternative.
On a national scale, this can be a very demanding endeavor. But you can always start anywhere you are.
Find something that your community has to import from Manila or elsewhere and offer a cheaper product or service. The quality may not be on par with the original, but by highlighting what you have to offer–i.e., quality at a cheaper price–you can attract a market that will support your product.
d. Explore untapped local resources.
The provinces can be a goldmine of business opportunities if you know where to look. Start with whatever is abundant in your area.
Pili nuts? Turn them into candies and sell the finished products to tourists. Abaca fiber? Invest in this raw material and strike it rich by becoming one of the Philippines’ leading suppliers.
Some local skills are also highly marketable. If you know several traditional weavers in your community, you can help them profit from their crafts by opening a handloom or weaving business.
e. Be on the lookout for the latest technology.
E-commerce has opened a lot of online business opportunities that you can manage in the comfort of your own home. But innovations also abound in other industries.
Research and development of DOST (Department of Science and Technology), for instance, has paved the way for agricultural products and ideas that have great profit potential. Examples are canned laing, vacuum-fried tahong, volcanic ash ceramics, and organic farming, just to name a few.
3. Get inspiration from profitable small business ideas in the Philippines.
Whether you’re starting an online business or a traditional brick-and-mortar store, your goal should be to stand out from the competition. To do that, you don’t necessarily need to reinvent the wheel.
By getting inspiration from existing businesses and then adding a unique twist to better serve your target market, you can create your own success story worthy of a feature in the Entrepreneur magazine.
The list of business ideas above is a great place to start.
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