Philippines today is a youth-driven market, and business opportunities are available for young entrepreneurs who dream of becoming their own bosses. 

The rule of business: It takes money to make money!

That is the old rule, by the way. Today all it takes is a computer at a café nearby your home, and you will make money doing what you are passionate about, ranking from digital marketing to fitness training. Here are the top ten startup ideas to start in Philippines: 

1.     Ukay Ukay

With the startup capital from ₱10,000 to ₱50,000, you can start Ukay Ukay shop, selling secondhand clothes, with little experience needed. You need keen eyes on fashion that young Filipinos are wearing today. From there you can start selling and grow your business. 

2.     Online Teaching & Training

It does not require a lot of money to start tutoring business from online. You can teach many subjects to students, such as English, math, physics, and chemistry. The parents are willing to pay a good amount of money to have their children learning. With the help of technology, you can earn a lot of money from teaching online.

Similarly, you can become a trainer with a specific skill to offer. For example, professional communication is on high demand for Filipino youths who are looking for jobs. You can train them on this skill and get paid.

3.     Freelance Services

With a laptop and good Wi-Fi, you can start freelance services from anywhere in the country. The good thing about this business is that you can find more opportunities from around the world. From copyright editing to design work. The customers are willing to pay fairly good amount of money for skillful designer too.

You can also form a team of freelancers and operate your business startup from small space, to reduce the rental cost. There is a big pool of talent waiting to be picked up.

4.     Sari-Sari Store

With less than ₱50,000, you can start this small grocery store to serve the needs in your community. This is the booming business for Filipinos. You can sell canned goods, snacks, and drinks. And many more. You just have to be a people-friendly person so that you can sell to as many customers each day as possible. It is about customer service, anyway. At the heart of every big business, customer loyalty is the key, so you can learn from Sari-Sari Store. Needless to say, you should learn how to control the stock and inventory if you want to succeed in this startup in the next five years.

5.     Coffee Shop

With the startup capital about ₱100,000, you can start a coffee shop business in a good location and can sell to many young Filipinos as well as the old folks. It is a booming business also. At the same time, you may be able to support the local coffee-growing business in Philippines, especially from the regions like Davao, Bangsamoro (BARMM), and SOCCSKSARGEN.  

6.     Street Food Shop

Similar to coffee shop, the street food business is a popular idea to start. All you need is a chef who makes tasty food so that your customers will keep coming back for more later. If you are the chef, that is even better. You can start this business today in Philippines.

7.     Eco-Friendly Product Shop

Eco-friendly products are very popular among teenagers, especially students. It provides a great opportunity for young entrepreneurs to start an eco-friendly product shop that sells many things, from small to big items. However, these kinds of products need special attention from the makers, so the prices could be a little higher than the normal products with the same categories.

8.     Fitness Training

Fitness training is a new niche industry in Philippines. If you are a gymgoer, you can start your own business becoming a fitness trainer. If you hang around the gym long enough, you will find just the right clients who are willing to pay you to help get them in good shape. Go to gym now and find your business opportunities. Start today.

9.     Bike Rental Shop

Bike rental shop is for those who are living in the island tour destinations. If you are living in one of them, you can start a business to rent motorbikes or bicycles to foreigners or tourists. It is a big-money business idea that can be started from a small amount of capital startup.

10.  Digital Marketing

Digital marketing business is for Gen-Z kids who are very good at content creation. You can start your business as a content creator. All you need is a phone and know how to take a video. Not to mention editing skill. It is a worldwide trend to become a content creator, so the opportunity is for everyone. However, the competition in this startup is huge also.