Ten Business Ideas for P10K or Less - The Bailiwick Academy

Ten Business Ideas for P10K or Less

Is the daily grind starting to get to you? I know you would agree that at one point in our lives, we aspire to be our own boss, earn more and have a flexible time. Let’s face it no one really gets rich by being an employee. What better way to do this than to start your own business. Risky?! Yes, it sure is. However, you can manage the risk by starting small. You can utilize the skills, materials and equipment that you already have. Armed with perseverance, optimism and innovation, you would be amazed where P10,000 capital  (or less) can take you. Here are 10 business ideas that you may consider:

1. Arts and Crafts

If you are into arts and crafts, be it felt, paper, beads, calligraphy and the likes, you can turn your hobby into profit. These are usually in-demand as gifts, giveaways and souvenirs for different events and occasions. Click on https://www.facebook.com/craftaholicmoms/   to see samples of made-to-order crafts offered online.

2. Tutoring

Are you a teacher or just loves learning and imparting your knowledge? Turn that into yet another business opportunity by offering tutorial services. All you need is a nook conducive for learning, resource materials and some school supplies. It can be done in the comfort of your own home or your student’s home. For more information on tutoring business visit https://hubpages.com/business/How-to-Start-a-Tutorial-Center-in-the-Philippines and http://www.pinoybisnes.com/money-making-business-ideas/how-to-start-a-tutoring-home-business/.

3. Cakes and Pastries

Julia Child once said, “A party without a cake is just a meeting.” A celebration will not be complete without a cake. Thus, this is one great business idea. Using your existing baking tools and skills, you can offer customized cakes and pastries. Start with your friends, relatives and co-workers. Eventually, offer them online like what http://vidriado.com/ is doing. Get in touch with them via https://www.facebook.com/vidriado/ .

4. Cellphone Loading

In this digital age, almost everybody owns a cellphone. So an E-loading business is a must-try. Approach any E-load Dealer to learn more about this biz. You will need a retailer SIM, a cellphone and load wallet balance.

There are also unmanned, 24/7 loading kiosks like Uload that are open for franchise. Visit http://www.raindeocampo.com/2013/03/06/uload-revolutionizing-the-e-loading-business/ http://businesstips.ph/10-business-ideas-that-are-available-for-training-in-the-philippines/ for more details.

5. Online Grocery Business

Initially, you need to have a tie-up with a supermarket and an operational website or online portal. Updated price list of the products, scheduling, mode of payment and delivery are also key factors. See http://www.clavmall.com/blogs/10-simple-steps-to-start-online-grocery.php .

6. Colognes and Perfumes

You can venture into this business for a very minimal start-up capital of P1,500. Procedure on making a perfume may be accessed via http://www.pinoybisnes.com/home-based-business/how-to-make-simple-perfume/ .

7. Bags, Clothing and Accessories Online Store

If you have an eye for fashion, this business is perfect for you. Scout for trusted suppliers that can provide you with high quality goods at very reasonable prices. Then, sell them online through social media and other online selling sites.

8. Freelance App Developer

Are you tech savvy or an app developer? Developing apps for mobile devices like Android and iOS is undoubtedly the trend nowadays. You can create apps for companies here and abroad.

9. E-book Business

Share your expertise through e-books and sell it online. You can distribute them using your own website or here at thebailiwickacademy.com/. If you’re interested this — http://businessdiary.com.ph/6245/how-to-make-money-selling-ebooks/ might help.

10. Events Planning Service

This venture doesn’t require huge capital, all you need is your coordinating and organizing skills. You’ll be in charge of communication between the suppliers and your clients to ensure that the event will be a success. You have to take care of the invitations, catering, venue, themes etc. Go to these links for some tips: https://www.brightonsbm.com/news/top-10-tips-successful-event-management/ https://smallbiztrends.com/2013/06/small-business-event-planning-tips.html https://guidebook.com/mobile-guides/fundamental-event-planning-tips/

Remember, start from what interests you, your passion and hobbies. Surely, you’ll look at it as more than just a business. Embark yourself into continuous learning, share, enjoy and make profit from it all at the same time. Hope you’ll turn your dream business into a reality. Act now!

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