Home Business Without Too Much Capital Needed

With the rising costs and expenses, families often try to find ways to increase their income.  Here in the Philippines, Filipinos have a way of being entrepreneurs without having to spend too much.  Here are a few suggestions to help you get started without the need to spend too much capital and even looking out for a business space. You simply need to post a sign on your gate with regards to the items you are selling.

1. Ice candy - your freezer isn't full yet you can't afford to turn off the fridge because you do have more than a few perishables.  You can allot a mere 100-200 pesos for an entire batch.  Once the ice candies have solidified, put a few of these into a cooler or styrofoam container so you won't have to open the freezer every now and then.  These sell anywhere from 5 to 8 pesos depending on the ingredients you use.

2. Ice - the hot summer season will definitely make everybody want for cold drinks.  If you live in an area where most of the residents are renters, this is another good idea because there is a high probability that they do not have a fridge at home. You only have to shell out a few pesos for the ice plastic bags. Sold at 2.50 to 3 pesos each.

3. Baked goodies - if you love baking then you can turn that hobby into a business. You can even enlist the help of your friends to look for potential customers. Word of mouth is the best advertisement ever.

4. Halo-halo - low capital but high income. This is normally the best seller especially during the sumer months.

5. Barbecue - this is also a Pinoy favorite. The best time to sell these is after 5 pm, when people are beginning to arrive home from work -- this is when they only want to buy ready made food and eat it at home. A capital of 500 pesos would be more than enough to get you started on this one.

6. Fishball, squidball, kikiam, etc. - all brands taste the same, the selling factor here is the dipping sauce.  Try to find a recipe for a good dipping sauce. A 500-peso capital is good for this particular business.

Whichever type of business you do come up with for an additional income remember that the trick to keeping the business afloat is to strictly use the capital ONLY for the business (a "revolving capital" as others may call it) and nothing else. Start small and as your market increases then increase the volume of your production little by little.