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8 Low Capital Food Business Ideas in the Philippines

Food business? You're in the right spot!  Food and beverages are one of the basic necessities that humans need in this world in order to live a happier and healthier life. That's the reason why starting a food business is always a good idea if you have the passion in cooking delicious meals for everyone. Do you want to start a food business but you're deterred to do so because you only have small capital? Do you think that your Php10,000 is not enough? Well, you're in the right spot! Today, we will be talking about some of the most profitable food business that only requires a 10,000 peso capital! Anong negosyo ang maabot ng 10,000 mo? 1.) Siomai Stall Estimated Capital: 2,000 - 5,000 Everybody loves a hot and steamy serving of siomai! Its oozing with umami goodness that makes you crave for more. Sabi nga ng Pringles, once you pop, you can't stop. Because of Filipino's love for siomai, it can be a good business to start with. There's a d
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3 Major Reasons Why a Filipino Business Fails

Filipino startups are prone to bankruptcy. Why? Read below and find out.  Business is one of the most powerful way to create wealth . If you managed to create a successful business, then I'm pretty sure that financial freedom is coming up next. But in order to become successful and profitable, you need to understand the fact that small business have a huge failure rate. According to SBA (Small Business Association) 22% of small businesses close down before they even reach the first year. Another 55% will trimmed before the fifth year and 25% before the tenth year. In our local market conditions, small businesses have higher mortality rate because the competitor are always aware of your presence and even ready to devour you alive. So why do Filipino startup businesses fail? In this post, we will talk about some of the major reasons why a business don't succeed and how you can avoid it yourself. 1.) Wrong Location "Dito ko na lang itatayo ang milk tea sho
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4 Basic Steps to Become Rich

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