list of small business ideas in the philippines

Small business ideas in the philippines abound. With its economy ranking at position 46 in the whole world, the Philippines offers quite a number of business opportunities. The hottest business idea currently in the Philippines is renewable energy. Renewable energy is touted to become a huge income earner in the country. So if you have the capital, this is one of the areas I wouldn't advice you to overlook.

Here is a list of export business ideas in the Philippines that are doing very well.

• Export of semiconductors and electronic products.
• Export of garments
• Export of copper products
• Export of transport equipments
• Export of petroleum products
• Export of coconut oil
• Export of fruits.

The major markets for these products are united states of America, china, South Korea, Netherlands, Taiwan, Japan and Singapore.

Philippines is becoming industrialized at a high rate and as a result, the economy is transforming from being agricultural based to manufacturing and service based. This has presented more new opportunities in the country especially Business process outsourcing services.

Here is a list of service business ideas you can establish in Philippines.

• Establishing a call centre
• Become a legal adviser for businesses
• Offer medical transcription services
• Offering financial services
• Offering accounting services
• Offer software development services
• Offer animation services.

Other small businesses which require small capital investment you can start in the Philippines are:-

• Agri-business
• Wedding planning
• Events management
• Car rental
• Wedding photography
• Real estate agency
• Selling promotional items
• Selling office furniture
• Stationery business

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