Tuesday, June 22News That Matters

Business & Finance

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...
Top 15 Hardwood Trees to Plant in the Philippines for Profit

Top 15 Hardwood Trees to Plant in the Philippines for Profit

Business & Finance, Natural Resources
Tree planting in the Philippines is not only an enjoyable hobby but also a profitable business and can help preserve our depleting ecosystem. Although the forestry business in the Philippines is mostly dominated by Gmelina and Mahogany, there are also other native Philippine forest trees that are worth investing in. By planting Philippine native trees, you are not only making money but also helping preserve these threatened tree species. Below are some of the threatened endemic Philippine tree species (except for mahogany, gmelina, and acacia), with their scientific names that are worth preservation and planting. 1. Gmelina (Gmelina arborea) Although Gmelina is not a native Philippine tree, it is the most important and widely distributed species of tree in the Philippines due t...
Top 10 Most Profitable Vegetables to Grow in the Philippines

Top 10 Most Profitable Vegetables to Grow in the Philippines

Business & Finance
Farming is not only a decent job but also a profitable and enjoyable business. Many people spend their retirement doing backyard farming. Another important thing about farming is that you can do it anywhere. If you don’t have the land to farm, urban farming is a booming hobby and business. If you are aiming for large-scale farming, we provide a list of profitable vegetables that can give you a high return on your investment. The list below is taken from the Philippine Statistics Authority data for 2007 to 2018 and it has not changed since then. Here is the list of the best vegetables to farm (with scientific names) in order to make a profit. 1. Ampalaya, Eggplant, Pole Sitaw Ampalaya (Momordica charantia) or bitter gourd is one of the most important vegetables in the Phil...
Gmelina vs Mahogany, Which is More Profitable to Grow

Gmelina vs Mahogany, Which is More Profitable to Grow

Business & Finance, Natural Resources
Many people are asking which of the two most common trees gmelina (gmelina arborea), and mahogany (swietenia macrophylla), is better and there is actually no direct and definite answer to this question. But before you decide on what to plant, either for commercial or personal use, it is important to read this article if you have time for this could give you the whole idea which is which. Planting both trees since I can remember more than 30 years ago, I think I have, at least an authority to compare which is which in terms of several factors that you can read below. I am going to tell you a short story first before we go into specifics. Silay City, Negros Occidental, 1984 I was eight years old. Our house was made of bamboo and cogon in a rural barangay in Silay City. The new encar...