What do you suggest as a good small business in the Philippines for a guy?

  • Thread starter Thread starter Small Fryer
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Small Fryer

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I have $5,000 (US) saved up now, and hope to decide on a small venture for next year. I already have one in mind, but want your opinions. Let's see if you thought of what I did. I hope to earn about 30,000 Pesos a month. Is this possible?
Please place in order of best to worst:

A) Internet Cafe

B) Karaoke Bar w/foods

C) Multicab driver

D) Cement block maker (w/mixer)

E) Other _____________

Thanks
 
I guess it depends on your location. The more things you can do at once the better. Also it would be good to concentrate on the nessesities of life such as rice, pork, and chicken. Internet cafe combined with a money changer combined with a travel agency would be ideal. Create a web page for all of your separate businesses and market them heavily. It will be slow at first but will make more money as the word of wouth spreads. Also a piggery would be a good business because everyone needs to eat. Also if you sold rice I think you would be guaranteed business.
 
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