Starting one’s own business is a gamble but more often than not, it’s a challenge that results in success. Apart from having grit and confidence, one must have the knowledge on how to make a venture grow and the money to get things going to be their own boss. Luckily, with all the available tools online, Filipinos now have more options to explore the possibilities of opening their small businesses even with just a relatively small amount of capital. Here are business ideas you can start with your hard-earned P5,000 as an initial fund.
Loading business
The Philippines is among the countries with the most number of mobile phone users. Given the shift in the day-to-day lives that lead people to use the digital space more, the need to have access to the internet, may it be through WiFi connection or mobile data, has become all the more essential.
While earnings from cellphone loading businesses may not be that big, it’s viable because load credits are digital goods most people need daily. One doesn’t need a lot of things to start this venture -- a mobile phone and a sim card would do. Another good thing about this is that you can earn anywhere you are, may it be at home or in the office.
Home-cooked food
If cooking is your hobby and you make good food, why not leverage on it to get an extra source of income? Selling home-cooked food is a good start for business newbies and it works because Filipinos are natural foodies.
Even if you don’t know how to bake and you can’t join the trend of selling homemade cookies, cakes, sushi bake, and ube pandesal, there are still a lot of options to try. You can go Filipino by selling all-time favorite viands and meriendas, or you can sell other food specialties. The choices are endless. You just have to make sure that the food you bring to the tables of your customers is safely cooked and made with love to earn their loyalty to your shop.
Creative commissions
Speaking of turning hobbies into a means of living, a common route for this especially among young professionals who have the skills and talent in creating is through commissions. While special equipment is needed for this like digital art screens for graphic artists and illustrators or art materials for craftsmen, there are stores online that sell them for an affordable price.
An effective strategy for this is to start by putting up an art page online where customers can view your rates and sample works. This venture can be time-consuming, but it’s like hitting two birds in one stone -- you can exercise your creative juices and you get to make a living out of it.
Beauty products reselling
If you’re looking to venture into reselling, it’s a must to partner with a brand that can be trusted and known to provide the quality that customers deserve. For this, a name to recall is Ever Bilena Direct Sales (EBDS). With only a small capital, you can bring Ever Bilena’s beauty, cosmetics, home care and skin care products closer to more Filipino households while earning competitively.
EBDS has more than 800 centers all over the Philippines where you can get access to their products and services. Walk-in applications are accepted in any of the mentioned EBDS business centers nationwide. Online registrations, meanwhile, can be done through the official Facebook account of EBDS.
For those who will apply, you would be required to present proof of billing, a valid government ID, at least barangay business permit and capital of at least P5,000.
Being an EBDS reseller has a lot of benefits. Apart from promoting self-love through Ever Bilena’s umbrella of beauty products, you can also get exclusive benefits like access to product promotions and sales incentives, basic discounts for regular items, and lifetime membership.
Among the wide selection of products EBDS offers include its cosmetics line Ever Bilena, Careline, Blythe by Careline, and it's personal care items under Blackwater, Blackwater Women, Ever Organics and Hello Glow.
You’re only one step away from making your own business venture into a reality. Visit their official Facebook page and be a part of Ever Bilena Direct Selling's team of successful businessmen and businesswomen.