What is the easiest business to start in the Philippines?

What is the best business to start in the Philippines?

Rooted in our basic needs, here are the best business ideas in the Philippines you can venture on:

  • Online Selling or Dropshipping. Starting capital: P5,000 to 50,000. …
  • Staffed or Self-service Laundry Shop. …
  • Water Refilling Stations and Delivery Services. …
  • Co-working Space for Freelancers. …
  • Logistics and Transport Services.

What is the best business to start in Philippines 2021?

13 Business Ideas in the Philippines to try in 2021

  • RTW Clothes Online. …
  • Healthy / Low-Calorie Meal Plan with Delivery. …
  • Discounted Authentic Perfumes. …
  • Patisserie. …
  • Handicrafts. …
  • Gardening. …
  • Computer Services. …
  • Network Marketing.

What is the best business to start in Philippines 2020?

20 Profitable Businesses in 2020

  • Self-service Laundromat. …
  • Indoor Plant Business. …
  • Scrap Trading. …
  • Spa/Massage Services. …
  • Moving Company (Lipat-bahay) …
  • Logistics/Trucking/Hauling Services. Capital: P500,000 – P1M. …
  • Rice Business (Bigasan) Capital: P50,000 (home-based) – P250,000 (franchise) …
  • Water Refilling Station.

What is the cheapest franchise to open in the Philippines?

If you’re on board with starting a franchise business, here are the 10 cheapest franchise business opportunities you can get into in the Philippines.

  1. Food Cart Franchise. …
  2. Coffee & Cold Beverage Stand Franchise. …
  3. Water & Gas Refilling Station Franchise. …
  4. Fast Food Restaurant Franchise. …
  5. Spa & Salon Franchise.
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What is the most successful business in the Philippines?

Most Successful Businesses in the Philippines in 2015

  • SM Investments Corporation. …
  • Philippine Long Distance Telephone Company (PLDT) …
  • SM Prime Holdings, Inc. …
  • Ayala Land, Inc. …
  • JG Summit Holdings, Inc. …
  • BDO Unibank, Inc. …
  • Bank of the Philippine Islands (BPI)

What is a good business to invest in Philippines?

Top 10 business opportunities in the Philippines to consider

  • Online business. Signing in your social media pages will take you to a variety of posts that offer online business opportunities. …
  • Small business. …
  • Franchising. …
  • Classic sundry or ‘sari-sari’ store. …
  • Food cart business. …
  • Insurance. …
  • Thrift shop. …
  • Rice retail.

What are the most successful small businesses?

Most profitable small businesses

  • Personal wellness. …
  • Courses in other hobbies. …
  • Bookkeeping and accounting. …
  • Consulting. …
  • Graphic design. …
  • Social media management. …
  • Marketing copywriter. …
  • Virtual assistant services. Finally, last on our list of the most profitable small businesses: virtual assistant services.

What is the richest company in the Philippines?

As of 2020, BDO Unibank was the largest company in the Philippines with a profit of approximately 860.7 million U.S. dollars, followed by Metropolitan Bank & Trust, with about 840.3 million U.S. dollars.