Five Summer Business Ideas for Enterprising Filipinos
SUMMER BUSINESS – Check out the five (5) summer business ideas you can start with a little capital.
Although summer is commonly associated with vacations and travel, the intense heat of the sun can also inspire certain individuals. The warm weather brings various seasonal business opportunities that may appeal to enterprising Filipinos.
Whether you have leisure time or seek to generate income, consider the business ideas provided below. When implemented effectively, these endeavors can flourish not only during the summer months but also offer stability for the future.
1. Cold Food & Beverages
Summer wouldn’t be complete without refreshing treats such as halo-halo, fruit shakes, and ice cream, essential for combating the heat. While these offerings are already popular, standing out in this market requires innovation. For instance, investing in an ice machine that produces “powdered snow” for halo-halo or offering unique shake flavors can set your products apart.
The initial investment varies based on the products and equipment required. Launching a halo-halo business could require as little as PHP 2,000, while a basic frappe or milk tea cart might need around PHP 80,000 or more.
2. Barbecued Items
Summer gatherings often center around grilled favorites like BBQ, steaks, and hotdogs. Paired with cold beverages, these items are crowd-pleasers and can be lucrative for aspiring entrepreneurs. With modest startup costs and attractive profit margins, this venture promises enjoyment and profitability.
Starting capital for a barbecue business can be as low as PHP 2,000 to 5,000, primarily covering the cost of ingredients, skewers, and charcoal.
3. Water Refilling Stations
The demand for drinking water spikes during the summer, making a water refilling business a feasible option, particularly in densely populated areas. With startup capital as low as PHP 150,000, you can establish your water refilling station, addressing the essential needs of the community.
4. Vacation Rentals
If you reside near popular summer destinations, consider renting out your property to tourists or establishing a homestay. Online platforms like Airbnb have simplified the process of listing properties for rent, offering an opportunity for additional income.
The initial investment for furnishing a rental property can be around PHP 100,000, excluding additional expenses such as permits and maintenance.
5. Fashion Retail
Capitalizing on the demand for summer fashion by selling trendy clothing and accessories can be a profitable venture. Whether through physical stores or online platforms, offering seasonal ready-to-wear items can attract customers seeking stylish attire for the season.
Depending on your budget, you can source inventory from wholesalers and market the products through social media to drive sales.
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