Tuesday, September 28News That Matters

Business & Finance

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, Food, Health, Wellness
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, Environment & 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, Environment & 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...