Your question: What business can I start with 10k in Philippines?

What business should I start with 10k?

There are actually lots of business options you can start with just 10k pesos starting capital like maybe you can buy and sell fruits, create some homemade snacks and sell it to your neighborhood, start a food cart business, and many other thing that you can potentially start with that amount you have right now.

Is 10k enough to start a business?

You can start almost any business with $10,000. If you’re thinking of starting a business, it’s really about finding a need and designing a solution. Finding a need can be done in a lot of ways: Interview people to ask about their problems.

What is the most profitable business in Philippines?

Here are 20 of the most lucrative business for this year along with information on capital.

  • Vending Machines. Capital: P10,000 – 20,000. …
  • Airbnb. Capital: P20,000 – P100,000. …
  • Public Wi-Fi Services. …
  • Food Cart Franchise. …
  • Online selling. …
  • Transport Network Vehicle Service (TNVS) …
  • Co-working Space. …
  • Photocopy & Offset Print Shop.

What is a good 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.
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How can I grow 10k fast?

Below are some of my best recommendations for how to invest 10k.

  1. Stash it in a high-yield savings account. …
  2. Start or add to your emergency fund. …
  3. Try out a self-directed brokerage accounts. …
  4. If you’re a beginner, stick with mutual funds and exchange-traded funds (ETFs) …
  5. Use a robo-advisors for hands-off investing.

How can I make money with a 10k?

Below are some ideas on how to make the most of your $10k.

  1. Invest in Stocks.
  2. Invest in Mutual Funds or Exchange-Traded Funds (ETFs)
  3. Invest in Bonds.
  4. Use a Robo-Advisor for Automatic Investing.
  5. Invest in Real Estate.
  6. Start Your Own Business.
  7. Invest in Peer-to-Peer Lending.
  8. Open a CD Account.

What franchise can I buy for 20K?

Top Franchises Under 20k

  • Dream Vacations. If you’ve got a passion for travel, why not turn it into a lucrative business? …
  • Mosquito Minus. Another affordable franchise for under $20K is Mosquito Minus. …
  • Ambit Energy. …
  • America’s Tax Office. …
  • Java Dave’s Coffee. …
  • ClaimTek. …
  • Jazzercise. …
  • Maid Simple.

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 business makes the most money?

Here are the 15 most profitable industries in 2016, ranked by net profit margin:

  • Accounting, tax prep, bookkeeping, payroll services: 18.3%
  • Legal services: 17.4%
  • Lessors of real estate: 17.4%
  • Outpatient care centers: 15.9%
  • Offices of real estate agents and brokers: 14.8%
  • Offices of other health practitioners: 14.2%
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What is the best franchise to invest in Philippines?

Best Franchise Business Opportunities in the Philippines

  • Master Siomai Franchise.
  • Zagu Franchise.
  • Mr. Liempo Franchise.
  • Aquabest Franchise.
  • Turks Franchise.
  • Bayad Center Franchise.
  • Farron Cafe Franchise.
  • Noodle House Franchise.
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