However, most people think that it is impossible to start their own business, especially when they do not have enough capital.

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The truth is that, you can make it happen, and you can start your own business, even with a little investment. You just have to conduct your own research, check on what is in demand in your market, have a good business plan, and of course a concept for your business. Here are some of the best small business ideas with small capital that you can start here in the Philippines.

1. Online business. Everything nowadays can be practically done online, and that is the same for having your own business. You do not necessarily have to have a physical shop to be able to start your retail business because you can just post your products online. This way, all you need to spend for would be the products you are going to sell. You won’t have to pay for the rent or space for your store, as all you need to secure is a reliable internet connection and your desktop or laptop.

2. Sari-sari store. Even if sari-sari stores in the Philippines are everywhere, this is still one of the most popular and an ideal business. That is because we always need to have a nearby place to buy our basic needs at home. If your house has a very strategic location, you can consider having your sari sari-store, and you can start with just a few but important merchandise.

3. Carinderia is another business that does not require a very huge capital, especially when you can do it outside your home. You can start with a small number of dishes then you can expand your menu when you start earning more profit.

4. Tutoring services. With tutoring services, you won’t have to spend anything at all. You are also not limited to just teaching subjects in school. You can do music lessons, and teach some musical instruments if you are an expert in playing some like the guitar or piano.

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The good news is that there are just a plethora of businesses that you can just start even with a small or no capital at all. Here are some of the top small businesses that you can start here in the Philippines.

1. Online business. Almost every single Filipino has an access to the internet today and that means it is a lot easier for you to reach your target market. All you have to do is to choose the merchandise you would like to sell online, find a credible and affordable supplier, and of course your desktop and reliable internet connection. The challenge here is that the competition is tough in the online market, so you have to make sure your brand will stand out.

2. If you have an eye for great photos, then you can make money from your photography skills. All you need is a good camera, and you can start making use of your skills with your friends and relatives, until you get a lot of exposure.

3. Smart phone repair. If you have a knack for fixing things, especially mobile and smart phones, then you can start your own business right away. Everybody practically uses gadgets nowadays and they always need someone who is ready to offer them services in your local city.

4. Events planning. Do you like organizing parties and events? Events planning may be the perfect business for you. All you need is to make sure you are resourceful and creative enough to be able to meet your client’s demands.

5. Food carts. Who does not love to eat? Filipinos love food a lot and we all like something that is delicious yet affordable. You can consider having your own food cart and it will not require you a very big capital for a start.

6. Laundry service. With people who are busy everyday, they would barely have time to do the laundry and this is where your services will be needed. You can start with just two or three washing machines if you want to start with your laundry center and people who can help you operate the business.

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There are plenty of small business opportunities to start up, all you need is to be open minded to find the opportunities that will give viable options.

Here are some of the small business ideas that requires small capital.

1. Load retailer business

Most people own a cellphone that’s why starting a load retailing business in the Philippines can provide you steady and growing income. All you need is to register to any load carriers so that you’ll become a registered load retailer.

By using your own cellphone, you can earn up to 10% on every load you sell. This won’t make you a millionaire in a short time, but it can give financial freedom.

2. Fruit stand business

Fruits are well-loved all through the seasons in the Philippines. You can start a fruit stand business even at your own home. The key is to find a reliable supplier where you can buy good quality fruits.

Good forecasting and inventory control will limit spoilage and wastage.

3. Rice retailing business

Rice is a staple among Filipinos and venturing in rice retailing business will guarantee good income. You can apply as a NFA rice retailer or from any distributorship program. You can easily attract customers if you’ll sell variety of rice.

4. Street food business

Most Filipinos regardless of age love street foods. You can augment your income by selling tasty grilled or fried stuffs in the street or in your neighborhood. You can sell kikiams, fish balls, chicken balls, squid balls and hotdogs at affordable costs.

All you need is to set up a simple stall where you can offer complete meal to anybody to satisfy his or her hunger.

5. Internet shop business

Starting an internet shop business guarantees good source of income. Millions of Filipinos have Facebook and love video games. If you don’t have enough fund to buy computers, you can look for computer suppliers offering lease to own programs.

The small business opportunities are unlimited. Hard work, determination and focus are important for any business to prosper. As long as you choose the right opportunity and do it efficiently and effectively, you can expect it will succeed. Starting a small business can lead you way up.

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