What business can I start with 50k pesos?

Is 50000 enough to start a business?

These days, $50k in capital is more than enough to start a number of great business opportunities. … You could turn around a failing business or buy an already-profitable one. Local chambers of commerce and the US Small Business Association (SBA) can help connect you with business owners who want to sell.

What is the cheapest franchise to start in Philippines?

If you’re on board with starting a franchise business, here are the 10 cheapest franchise business opportunities you can get into in the Philippines.

  1. Food Cart Franchise. …
  2. Coffee & Cold Beverage Stand Franchise. …
  3. Water & Gas Refilling Station Franchise. …
  4. Fast Food Restaurant Franchise. …
  5. Spa & Salon Franchise.

What is the cheapest franchise in the Philippines?

Cheapest Franchise in the Philippines

  • Single foodcart package: Php12,500 (before: Php 30,000)
  • 2in1 foodcart package: Php 17,500 (before: Php 40,000)
  • 3in1 foodcart package: Php 20,000 (before: Php 45,000)
  • 4in1 foodcart package: Php 25,000 (before: Php 55,000)
  • 5in1 foodcart package: Php 30,000 (before: Php 65,000)

Where can I invest 100000 pesos?

Here are the five ways you can invest your P100,000 savings:

  • Invest in blue chip stocks. …
  • Invest in income stocks and bonds. …
  • Invest in high growth stocks. …
  • Invest in real estate. …
  • Invest in startup businesses.
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What can you invest in with 30k?

Now that you’re ready to grow your money, here are some great ways you could invest $30,000:

  • Invest in Stocks. …
  • Invest in Mutual Funds or ETFs. …
  • Invest in Bonds. …
  • Invest in CDs. …
  • Fill an Online Savings Account. …
  • Try Peer-to-Peer Lending. …
  • Start Your Own Business. …
  • Start a Blog or a Podcast.

What kind of business should I open in 2020?

If you’re ready to run your own business, consider any of these great business ideas.

  • Consultant. Source: Kerkez / Getty Images. …
  • Online reseller. Source: ijeab / Getty Images. …
  • Online teaching. Source: fizkes / Getty Images. …
  • Online bookkeeping. …
  • Medical courier service. …
  • App developer. …
  • Transcription service. …
  • Professional organizer.

Is 20000 enough to start a business?

$20,000 is more than enough money to get started and build a legitimate business. Your highest cost will be marketing, but you’ll probably want to invest in some type of credentials to present proof you’re offering a legitimate service.

What business generates the most revenue?

List

Rank Name Industry
1 Walmart Retail
2 State Grid Electricity
3 Amazon Retail, Information Technology