Your best business development ideas in the Philippines
As a foreign entrepreneur, launching a business in the Philippines is a fantastic project and an exciting challenge. Some ideas are likely to succeed. Some others are promising but may not work as well as intended.
In your opinion, what kind of business or industry is likely to succeed in the Philippines? What kind of industry or service currently unavailable or underdeveloped in the country would meet local needs?
On the other hand, what are the most common business types foreign entrepreneurs would be eager to launch in the country but with very little chance of success?
Thank you for your insights.
Priscilla
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I am a humble local entrepeneur here in the philippines. May I know where you are from? Well, the food business has always been a bloom or gloom. As adventurous lovers, Filipinos always tend to try some thing new from time to time, as people tend to indulge less on american or local burgers.
Clothing, derm care and hair care are also good business that lasts. I have a unique idea on engineered casual clothing yet i still don't have the resources and time to begin it.
Scrap low cost housing but thumbs with typhoon proofing. Unless you have enough funds such as the Ayala's, Si's, Wei's or Villar's then I don't see going to that area would let you bite on the pie. The idea of converting metal containers to houses aint new here.
It would seem that the ability for a secured container to withstand wind and rain it would make them ideal for a small home if the containers could be purchased and transported reasonably.
Some home building, carpentry and remodel skills coupled with some basic tools a cutting torch and a welder and I could see a nice little home as a result.
In the states they were becoming common as storage buildings in rural areas and wiring in a couple lights and plugs took only basic skills.
I had a neighbor who had carpentry, woodworking and mechanical skills and a few of the aforementioned tools and turned a container into a great little workshop complete with windows, doors and Air conditioning. He paid about $2500 for the container and a couple hundred to have it delivered and rolled off onto a concrete slab he poured just for the container.
What can be done with one container or two or more connected is amazing.
Teejay
also many professions not open for them.
only few businesses are open to foreigners and they all need big capital. hahaha
so forget it !!!
while retail businesses are not allowed for foreigners if you know a citizen you trust you can still work a deal out to take advantage of opportunities
Current needs from my perspective:
Pizza by the Slice (very few if not any)
Physical Therapy businesses where people can go and get therapy and home service
Jolly Jeep servicing more western influence foods like burgers / chicken sandwiches / etc
self service car wash / with millions of cars on the road i have only seen 1 or 2 of these.
High End Direct Bus Service starting with routes from all the high end hotels to Tagaytay
Health Care Membership card specifically for medicine
Helicopter service from airport <> fort <> makati <> Cavite <> QC that is affordable not exceeding 4K PHP
consulting service for clean air evaluating the air you breath in your condos / and then installing purifiers in the event the air quality is not satisfactory
Doggie pick up and delivery service to go to a doggie hotel servicing those who have dogs and want to take a break. customers should have CCTV access
Private air service to cebu/bacalod/davao/ from manila
consultancy serviced guiding those on all fronts who want to start a business in the philippines....
a) setting up all corporate docs correctly
b) drafting the appropriate employee manual identifying everything from days off to sick days to performance improvement plans to the many things which need to be in from the beginning.
c) selecting the right pi accounting firm
d) understanding what you can and can not go
e) understand how space is rented. many times the space you rent is not the same as what you are paying for. you may get billed for X space which is more than useable space. do your research
f) do competitive research on salaries and benefits to make sure you are competitive in the market
g) make sure you go with a solid HMO. this is very difficult. there is a new healthcare program called mariahealthph / this program may be very appealing
there are many things i am not mentioning as it could really be a short book. but a great consultant should be able to guide you and save you a lot of money and mitigate opportunity costs
I notice their fishing fleet is now allowed to enter disputed Chinese (?) waters without interference from the PLA and that is likely to herald a big shift in general business between the Philippines and China, probably Russia and the other BRICS nations as well.
To hell with politics, keep a close eye on the situation and grab any business you see.
the bussenis will be in my wife's name so no wurys there .
and as it involves things which i love to do i wont get bored lol.
greets Dirk
mbhuller wrote:you open a new business here and you will see many locals copy cat you in no time and you are done b4 you start it hahaha. locals here too smart LOL
in my case i dont wory about copy-cat's as it involves technology and the use of it that is not used here and than there is the safety garantee wich my clients wil be looking for and the fact that i am not aiming for mass tourism but for a niece in the market.
this will create a few jobs only ,but the salary will be hihger than lets say a construction worker have .
the nature of the venture is such that it will be interesting for all who are involved ,clients will lurn about The Philippines and employees will lurn new skils.
i am not pressed for time ,i have the rest of my life to slowly build and establis,it will be a slowww growing no fast desissions or so hehehe,that's not my style.
compeeting against alredy availebol bussenis is an adventure that can go wrong easely .
and even if it woold not produce big game ,i dont care as long as i brake even and get a few ppl a deecent inkome am satisfyed.
greets Dirk
many of those are relocated out of western countrys as the wages are so hihg the parts become to expensive to produce there and make a profit there ,here wages are low and there's no lack of laborors.
I will encourage you to stop giving people falls hope of investing in the Philippines because the tax is much higher for foreign investors compared to local investors and your government encourage foreigners to marry your ladies just to get a better opportunity to invest here. Now I am going to ask you why is that your country is preventing foreigners from owning a land property or a house property? Tell me why is that if someone want to own a franchise restaurant like KFC which is originally an American company your government will prevent that person from having total ownership or even 50% of his own company? instead, they will make sure you partner with some locals here and forfeit 60% of your company to someone you don't know or have the same view with. Tell me why i can not own a land property or a house property here ? does it occur to you people that i might want to go into real estate ? CAN YOU EXPLAIN THAT ?
iff i did not feel good here or had manny complaints ,i wood not stay here.
greets Dirk
Josh Owoh wrote:Priscilla
.... your government .............
does it occur to you people that i might want to go into real estate ? CAN YOU EXPLAIN THAT ?
Just for your information, Priscilla is a senior moderator on this site and not in the Philippines.
This topic was started as part of a system to encourage valuable expat related topics onto the forums, and was started on every country's forum, not just this one.
That in mind, you're attacking the wrong person.
Also, please refrain from using caps lock as this is considered very rude.
Thank you.

Regarding business ideas, I would always choose any industry that is part of the basic necessities of each human, from food to shelter to clothing. Nowadays, transportation and communication are also part of the basic necessities.
Starting a business, you will need to study few essential details. First, what exactly would you like to do, something related to fashion or restaurant? Anything you're good at that you could match to the growing demands in this country. Perhaps you could study these five things about the country, your business plan or way, the weather of the area, the terrain, the government leadership (laws and practices) and the people (the behaviors, etc.).

red caregiver so I know how to handle people with Alzheimers and Dementia also I enjoy Photography
Regards
Josh
Josh Owoh wrote:I know what cap is, and saying your country, i think i should not have used that because you're not from the Philippines but i will encourage you guys to give people the right information and not falls hope, The Philippines is a nice place no doubt about that but business wise, it's not so much fair to foreigners, and i will also encourage you to stop being defensive, instead, try to explain much because you're a moderator and should have no sentiment whatsoever.
Regards
Josh
I think you're reading something into the OP that simply isn't there.
I'll try to explain.
The OP is asking expats about potential and actual business in the country, nothing more.
Business is a common reason for expatriation, a and something that's common for new expats when they arrive in a new country.
That's really it
dirk c wrote:the bussenis will be in my wife's name so no wurys there .
and as it involves things which i love to do i wont get bored lol.
greets Dirk
i am dutch to will make business directly on my nameÂ
dutch german french english no problem just need to learn tagalog
FortuneFavorsTheBold wrote:I suggest you learn proper English before Tagalog.
What do you mean ? no need of know proper English
soon the alternate official language is Chineese not English
FortuneFavorsTheBold wrote:Very good point! Grocery stores are cash cows here. A relatively small one can net a million pesos per DAY.
Yes if you employ enough people from ph to be allowed to do  this ,
then this is for sure a good milky cow !
but then need to hire lot people !
need to check with department of finances
azertymanNLFRENDE wrote:FortuneFavorsTheBold wrote:I suggest you learn proper English before Tagalog.
What do you mean ? no need of know proper English
soon the alternate official language is Chinese not English
Language is an interesting issue when it comes to business, but as this forum is populated by many for whom English is a second language, correct grammar and so on isn't much of an issue for posting here.
However the point has validity when it comes to International trade when language proficiency could make a difference to the deal and the terms of that deal.
English has very obvious advantages, but you rightly suggested the advantages of Mandarin.
Whilst Mandarin is unlikely to become the medium for world trade in the short to medium term, a working command of that language could well be a major advantage as China is a massive world trading nation, possibly even the largest in the world at the moment, and very likely to be so in the very near future if it isn't already.
The clear shift from the US to China has increased the need to speak Mandarin, but China has been gearing up for trade with a massive English language program for many years now, so English remains number one at the moment.
Trade with China holds a lot of advantages for the Philippines both in direct trade and political interests, but with added bonus issues such as China allowing fishing in disputed waters, meaning good catches and more work for a lot of people.
I dislike getting too deep into the rights and wrongs of politics, but the long and the short for expats who are looking at business in the Philippines means a peek at trade with China might very well provide nice profits, and likely less red tape as the political atmosphere is pushing for closer trade ties.
FortuneFavorsTheBold wrote:A well managed 100 head piggery can net 6 million pesos per year.
I highly doubt that. I think if the stars align in your favor, i.e. none of the pigs get sick or die, the price of feeds doesn't go up, the caretaker is an expert at what he does, the caretaker or neighbors are not stealing feeds, pigs, pipes, roofing, water, electricity, etc., the vet charges you cheaply, the price of pork doesn't go down when it's time for you to sell, then you might make a tenth of that.
If you decide to just not hire a caretaker and raise the pigs yourself, then you can make more than if you have a caretaker who has a share in the profits. But then again, it's a lot of hard work, and you'll have to endure and get used to the foul smell. And hopefully, all that handling of live animals doesn't make you sick or kill you.
make a good busenis plan ,count for the overhead costs ,like in case of a pigey ,food ,care taker salary,vetrinairian costs,electricity ,posibol los of stock tru sicknes ,water and am sure i forgot to mension some .
make sure that the starting period were you will make no profits are acounted for ,if not the busenis wll die soon
make sure you have the nessesary contacts in place to build a client list .
depending of the busenis these things will be different but wil only show up in a different form .
many busenis get started but fail becorse of a lack of such a planning .
my personal view is this ,first yr no profits even a possibol loss ,second yr break even, third yr first profits .
i think many think once they start a business they gonna grab the cash from day one, and that's why the crahs.
greets Dirk
With the piggery business, you'll need to know the cost of the structure and systems (pens, septic system, water supply, troughs, lighting, ventilation, etc.), living quarters for the caretaker / raiser, gate / fencing for the land, city / business / environmental permits, among others. With any business, build a business plan / chart / map, with projected profits and costs, and at what point would your investment will turn in a profit.
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