i want to open a business in philippines! any idea!?

Question

how much the capital?
just for the small business.
any idea from those experienced person.

Answer 1

it depends what kind of business you will have,
initial capital may vary... are you investing there?
or do you live in the philippines?
but first step is to know what business and where.
for the initial registration, you need to go to
Dept. of Trade & Industry, they can assist you
from there.

good luck.

Answer 2

it really depends on the location and the amount you're going to invest. It also depends on your interests...if you want to go to rural areas (provinces):
1. you can opt to put up a palay-buying station (rice).
2. piggery/poultry

3. You can also put up internet cafe's (start with 5 units). Accept typing jobs, internet rentals, gaming, printing, scanning, desktop publishing etc. and also computer repair. You can also add a copier (xerox machine).

4. You can also put up a cellphone store with repair station.

Just start small, don't go big-time. Test the place/market first.

Well, it's just my idea. Where do you want to invest in the Philippines?

Answer 3

specific you're able to desire to purchase shares, once you're looking long term positioned money into blue chips. you are able to start up with day finding out to purchase and advertising so which you would be able to get the texture of the Philippine industry first. whilst you're dealing with economic institutions, maintain time deposits and bonds. rate reductions will basically volume to squat.

Answer 4

You can easily open a home business in the health and wellness industry. I have one that is doing excellent in the Philippines and it has a very low start-up cost. I'm running it here in Canada, but have representatives world wide....you can too!