Small Business Ideas to Try Out This Summer

Here comes the summer heat again. The humidity makes us want to go swimming or take a big gulp of a refreshing drink. Indeed, such things make us feel better this season so why not sell the idea to other people?

Filipinos are now more open to new brands and establishments, allowing the business industry to flourish more quickly especially this summer. Be your own boss and grow your finances by starting your own venture. Here are small business ideas you can put up even with a low capital this summer season.

1. Summer Refreshments Business

Think of your summer cravings. Instead of buying them, why not market them as well? Halo-halo and sago gulaman are just some of the summer treats you can sell. You can easily get an appliance loan to purchase an ice crusher and blender if you plan to run this business for a while.

For ice candy, samalamig, buko juice, and ice cream, selecting the best yet most affordable ingredients in the market can help you make value for money summer refreshments.

2. Ice Business

The demand for ice is high during the summer. If you want to venture into this business, it is advisable to invest in a small chest freezer. But, if you have a refrigerator at home, you can simply pack purified water in a plastic ice bag and sell them for P3-10 pesos per piece. Selling ice involves little cost and effort, but the profit is good once you get a steady flow of customers.

3. Isaw and Barbeque Business

For just P2,000 to P5,000, you can start an isaw and barbeque business. All you have to invest in is a stainless grill. However, if you want your isaw and barbeques to cook faster, purchase a small electric fan. This will saves you the effort of manually fanning the griller.

When preparing isaw and barbeque, observe proper sanitation. Create a tasty marinade and sauce that customers will love and come back for more.

Aside from isaw and barbeque, you can also sell chicken head, betamax (chicken or pork blood), adidas (chicken feet), and hotdog.

4. Fresh Fruit Business

Filipinos, as they strive to be health conscious, make it a point to add more fruits in their diet. Fruits like avocado, banana, coconut, jackfruit, melon, watermelon, papaya, pineapple, and mango are abundant during summer. If you plan to establish a fruit stand, find a supplier of these fruits. Order them in bulk and sell them in retail and at a lower price.

5. Outdoor Equipment Rental

Do you live near an outdoor adventure destination? Consider renting out your gear and equipment to tourists. Have an array of equipment meant for activities like hiking, camping, swimming, or diving. A rental business like this requires minimal investment since you already have most of the necessary gear to begin with. You can get your ROI in no time.

6. Piso Wi-Fi Vending Machine

It isn’t an exaggeration to say that Filipinos can’t live without the internet. We spend an average of 10 hours online per day, according to the Digital in 2019 report. Business-minded individuals can take this as an income-earning opportunity by running a piso Wi-Fi business, a business that offers affordable internet connection. This low-capital venture is cheaper to set up than an internet cafe. Just purchase a coin-operated internet vending machine that serves as a hotspot and charge a fee per minute of internet use. You can set a rate of P1 per 5 minutes, P5 per 30 minutes, or P10 per hour. Sales of a piso Wi-Fi business can go anywhere from P6,000 to P40,000 a month.

For this business, you need to purchase an internet hotspot device and subscribe to an unlimited broadband plan.


Conclusion

Whatever business idea you have in mind, you should first check if you have enough money to start and sustain any business you choose.

Read this article to know what other entrepreneurial options you have:  7 Businesses You Can Start with P10,000 or Lower.

In putting your idea into fruition, getting a personal loan can be beneficial as long as you know how to budget and allot your earnings to your liabilities. Earn and make the most out of your summer experience this year!

In collaboration with Moneymax.