Sunday, May 16News That Matters

Business & Finance

How to Start a Gown Rental Business

How to Start a Gown Rental Business

Business & Finance
Gown and suit rental is a very lucrative business and not many people are actually doing it. In Silay City where I grew up, during the 80s and the 90, there was only one well-known gown rental and it was very popular until the owner died. The business had closed because the children had no interest in running their mother’s business. Here in Tanauan City, Batangas, a friend who runs this business and has a stall inside the public market is making a good profit, especially during the summer months when Barangay fiestas are held. Let’s discuss the things you need, the amount of money for capital, and other things needed to run this business. What skills do I need? Running a gown rental business takes a lot of work on the modification of gowns. You don’t necessarily good at sewing but...
How to Start a Power Tools Rental Business

How to Start a Power Tools Rental Business

Business & Finance
Gone are the days of manual tools. Time is precious and everyone wants to save it. More than 2 decades ago, few people use power tools especially in rural areas of the Philippines where electricity was not available. Today, most households own at least one electric drill or an angle grinder, but what about those people who need it in a very specific project but don’t need to buy it? This is where the power tools rental business is needed. After running an auto-repair shop for more than 5 years, I found out that people are always borrowing all kinds of tools every one and then. At first, I lent it for free but recently, I decided to rent it out to cover the maintenance. There are even people asking for tools that I don’t own and that we are going to cover below. If you love DIY you...
Best Backyard Chicken Breeds to Grow for Profit

Best Backyard Chicken Breeds to Grow for Profit

Business & Finance
Freerange chicken farming is one of the hottest backyard activities today and in fact, the number of people who are growing heritage chicken breeds is rapidly increasing. Since people are staying in their homes, it is normal to think of other ways to make money and backyard chicken farming is a perfect fit. If you love chickens and wanted to raise to make a profit, here are the best heritage chicken breeds to grow. 1. Rhode Island Red Rhode Island Red (RIR) is the most popular chicken breed to grow in your backyard as of this moment. There is a very low supply of RIR chicks that cause its price to balloon. The dark mahogany line which is the most popular, the cost of day-old chick ranges from P150 to P230 and you can find if you don't reserve. Meanwhile, the production red chicks cost...
How to Start a Piso WiFi Vending Machine Business

How to Start a Piso WiFi Vending Machine Business

Business & Finance
Piso WiFi vending machine business is one of the hottest and easy to start a business in the country today as students staying at home and needs an Internet connection. Not only that, people are saving on data loads, and having a Piso WiFi is cheaper than buying cell phone data. Piso WiFi vending machine business can be started as low as P5,000 plus month Internet subscription of around P1,500. I am going to explain below. What you need Vending machine (usually costs between P5,000 up to P12,000 depending on the provider) Internet connection subscription. A better package would be not less than P1,500 of at least 20Mbps A place that is accessible to everyone Most WiFi vending machines are offered as franchises so depending on what available franchise you may apply to, the c...
How to Start a Home Service Massage Business

How to Start a Home Service Massage Business

Business & Finance
The health, wellness, and hospitality industry have been badly hit by the COVID-19 spas and other related businesses are still closed. Many personal care providers are doing home service in order to continue making money but what if you want to offer the same service but have no experience? Massage therapy is one of the most important personal services especially during this pandemic season where people are stressed out and want to relax but can’t go on parlors and spas. According to so recent survey, one of the things people do in order to relax is having a massage but since there are no open massage clinics, getting one is difficult. This is where home service massage is getting popular. In this article, we are going to give you an idea of how to start your own home service massage...
Why Online Business is Growing in the Philippines and How to Start Your Own

Why Online Business is Growing in the Philippines and How to Start Your Own

Business & Finance, Technology
A year before the Coronavirus pandemic hit the world, especially the Philippines, online business is already growing. The growth is more expedited during the pandemic as people have no choice but to buy online. In this article, we are going to examine why e-commerce is growing in the Philippines and how you could start your own online business. 1. Mobile Apps The emergence of mobile apps prompted everyone to try doing online business by any means. FoodPanda, GrabFood, LalaFood, Mr. Speedy, Pick.A.Roo, Central Delivery, and many more prompted riders to deliver food from restaurants. Lazada, Shopee, Facebook, Twitter, Instagram, etc. prompted everyone to sell online. Without these apps and websites, online business and apps delivery-based businesses would not be possible. 2. Free Data and...
How to Start a Car Wash Business

How to Start a Car Wash Business

Business & Finance, Technology
Car wash is one of the easiest businesses to start because not only that the needed equipment and tools are readily available and easy to acquire, the skill required to do the job is not that complicated. Additionally, a car wash is a very profitable business and can be managed easily. Even in a third-world country like the Philippines, the number of vehicles is multiplying every year so many service and care centers like car wash are also needed. Although the vendo-type car wash is booming, having your vehicle washed professionally by skilled people is still a big difference-maker. In vendo-type, it’s a self-service so you have to spend a lot of time cleaning your own vehicle which is not really economical if you consider your time precious. In this article, we are going to give you...
How to Start a Sewing (Clothes Repair) Business

How to Start a Sewing (Clothes Repair) Business

Business & Finance
Now known to many, clothes repair is a very profitable business and not many people are doing it. In 2016, my sister decided to study dressmaking every weekend, and after around 24 whole day sessions, she got her diploma. Her purpose was just to learn how to repair clothes because we were running an Ukay store at that time and there are so many oversized clothes that cannot be sold. We accumulated more than five sacks of oversized pants and shirts and she thought she can repair and sell those if she knew how to do it. I have a Juki industrial sewing machine that I purchased last 2012 when I was a contractor of potholder at Gardenia and since I stopped doing the business, the sewing machine was junked and my sister didn’t know how to use it. In January 2019, we closed our Ukay stor...
How to Start a Motorcycle Rental Business:  Case Study

How to Start a Motorcycle Rental Business: Case Study

Business & Finance, Technology
Personal transport is something that most of us need but what if we can’t afford to buy our own wheels? Yes, we can see motorcycles everywhere but still, not everyone can afford especially during this time of the pandemic. When I returned home to Negros Occidental last 2017, I had two options, either to start a car repair business or a motorcycle rental business. I had plans for both but unfortunately, nothing was started because of the sudden change of plan that brought me back here in Batangas. A year later, I pursued the motorcycle business even though I am not managing it personally and so far it is going better and better, and for more than two years now, The business that started with 3 motorcycles is now a fleet of 15. I am going to give you the outlook below and how can you s...
Fishball and Kikiam Business Case Study

Fishball and Kikiam Business Case Study

Business & Finance, Health & Nutrition
Fishball and kikiam are some of the most popular street foods in the Philippines and can be seen anywhere in the country especially in urban areas. Because of the ongoing pandemic, Filipinos are looking for other ways to make extra cash, and selling these street foods is one of the better alternatives. In this article, we are going to take a look at how much money needed to start a kikiam and fishball business and how much money we can make in doing so. If you are living in an urban area, you are in a better position to start this business but don’t worry if you are outside the city, you can still try. Fishball and kikiam vending business 2021 Costs of tools and equipment Mobile food cart - ₱10,000 The mobile food cart is your main tool here. This is like your entire store. T...