15 Business Ideas to Earn Extra Cash at Home in the Philippines


Financial independence is a great thing but remains elusive if you are banking only on a monthly salary. If you are unemployed, the challenge of generating stable income is much harder but not impossible. Innovation is a precursor to becoming wealthy.

If you want to generate wealth, you have to be creative. Take control of your financial future by considering these 15 innovative business ideas to earn extra cash at home.

15 Home-Based Business Ideas to Earn Extra Cash in the Philippines

1. E-Commerce

The globalization of business, the evolution of digital technology and the increasing influence of the Internet have resulted in the tremendous growth of e-commerce.

In 2014, worldwide e-commerce sales topped $1.5 Trillion. The industry is projected to grow at a rate of 20% per annum. E-commerce sales in the United States are expected to hit $550 Billion in 2016.

If you plan to start an e-commerce business at home, all you need are:

  • Reliable, industrial type PC
  • Headset, printer/scanner
  • Minimum 3 MB Internet Bandwidth

If you plan to sell products, I suggest that you set up a corporation. To get the best prices, you will have to deal with manufacturer’s accredited wholesalers. They prefer to deal with corporations instead of sole proprietorships. You can register your business online with the Securities and Exchange Commission.

Among the hottest e-commerce trends are:

  • Active Wear or “Athleisure” – Gym clothes that you can wear anywhere
  • Baby Products – Environment-friendly products like Jessica Alba’s “The Honest Company.”
  • Educational products – e-learning or digital products
  • Furniture and Home Décor
  • Pet Care Products
  • Specialty Foods- Vegan, Gluten-Free, Paleo Diet

2. Tutorial Services

This is a type of business that gives you a number of options:

  • Home-Based Tutorial Services – Students come to you for assistance in specific subjects
  • Online Based – You can also cater to the international market particularly to countries that want to improve English proficiency. The Philippines’ strongest markets are South Korea, Taiwan, Japan, and China.
  • Off Site Tutorial Services – You go to the house of your students to render tutorial services

If you plan to open a Tutorial Services Center, you should be a licensed teacher or certified to provide instruction. If not, you should hire qualified teachers.

Your house should have the facilities to carry out instruction. You should have multiple computers, individualized workstations and different hours of instruction per grade level.

Again, it would be advisable to register your business as a corporation. Parents would prefer to entrust their children with duly registered and legal Philippine entities.

3. Cell Phone Loading

Is there a village or subdivision in the Philippines without a cell phone loading business? With a cell phone loading business, you already have a captive market inside your village.

All you need is to sign up as cellphone load vendor with a carrier such as Smart or Globe or an All-In-One SIM card supplier, and you’re on your way! You can use your cell phone or PC to send load electronically.

The start-up capital? 1,000 Pesos for the initial load.

The majority of mobile users in the Philippines are pre-paid because they can manage their phone expenses. In a nation of more than 72 million mobile users, you will always have a market for the electronic load.

The commission rate on the cell phone loading business averages 7%. Not bad considering that if you place your money in a savings account, all you will get is 2.5% per annum!

4. Sari-Sari Store

The quintessential home-based business! The Sari-Sari store is everyone’s favorite neighborhood grocery store.

First off, you should register your business to avail of tax benefits and better terms with suppliers and wholesalers. Merchandise in Sari-Sari stores is typically higher than the supermarket because it does not have the advantage of economies of scale.

Thus, if you want to have an advantage over your competitors having better wholesale prices will allow flexible retail pricing.

Second, sell diversified products to keep customers coming back. Offer cell phone loading services, school supplies or have a small canteen nearby.

Third, manage your store well! Keep track of inventory. Customers will not patronize stores that are frequently out of stock. Implement the practice “FIFO” or First-In, First-Out rotation of inventory. Make sure products are of good quality.

Remember the saying, “When in doubt, throw it out.”

Lastly, do not condone the practice of credit. This is the single reason why many Sari-Sari stores are shuttered up. If they can’t pay for your merchandise, direct them to a Sari-Sari store that accepts credit.

For a basic Sari-Sari store set up, the minimum investment is estimated to be 50,000 Pesos including 25,000 Pesos for initial inventory.

Related: Top 10 Sari-Sari Store Business Tips in the Philippines

5. Coffee Shop

I have seen some houses in the Paranaque area create an extension on the ground floor for a coffee shop. The places are very elegant, and the coffee is excellent. Some of these establishments sell home baked cakes and pastries which are among the best I have tasted.

A coffee shop is a low volume business. It takes people half an hour at least to finish a cup of coffee. Of course, what goes better with coffee? Internet service! Students and business people gravitate to coffee shops to study or conduct meetings. Unlike the high-end coffee franchises, Internet service in these home based coffee shops is free.

The set up looked expensive. You cannot use a home style coffee brewer for a coffee shop. You need commercial grade equipment, and the main item is the espresso maker. It must have at least two espresso stations and a steamer.

What you should do is explore a lease to own arrangement with the supplier of the espresso machines. If the supplier does not agree, try to negotiate for friendly terms.

This is the advantage of being registered as a corporation. Supplies are more flexible with their terms if they are dealing with a corporate entity. Other financing options to consider include:

  • Capital loan
  • Boot Strapping
  • Getting venture capitalists on-board
  • Getting partners or investors

Finally, you must have great quality coffee beans. The best coffee beans come from Brazil, Costa Rica, Africa, Jamaica and of course, the Philippines! The good thing about a coffee shop is that you do not have to worry much about spoilage.

Related: 5 Hot Reasons to Own a Coffee Franchise Not Named Starbucks

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