If there’s one thing that will always be in demand especially in the hearts of many Filipinos, it’s Food. Yes my friend, I know you’ll agree with me in this. First of all, everyone needs to eat so there will always be an active market for food based businesses. You can observe that food businesses are now popping-up like mushrooms everywhere in the country. You know why? Because it is profitable.
In this post I’ll share with you top food business ideas you can start in the Philippines. But before we get into the list, you should consider that there’s already a bunch of other food businesses out there.
If you’re going to start a food business that has been taken by other business owners already, you need to carefully plan how are you going to compete with the established ones. Meanwhile, you can also have a strategy in which you will not be competing at all.
Having a business is not an easy thing to do and there are a lot of things you need to plan. You must have proper mindset and you need to properly handle all your finances to not lose the money that keeps your business going. In this article I’ll try to help by giving you food business ideas you can start in the Philippines.
1. Coffee Shop – One of the hottest food businesses you can start in the Philippines nowadays. A lot of Filipinos may love Starbucks for great tasting frappes, espressos, smoothies, and etc. but not all can afford to buy their coffees everyday. For average salary earners, the price of a medium sized coffee may already cost them a big fraction of their daily income.
You can start a coffee shop that offers competitive quality drinks and pastries for much lower price compared to Starbucks. Remember, it’s not always about the coffee but the customers’ overall experience in your cafe. If you want to pursue this kind of business, here are the major things you need to consider:
- Strategic Location
- Equipment and Tools
- Coffees and Recipes
- Design of your Shop
2. Bakery – Bakeries have been there for long in the Philippines and these businesses already showed profitability. For Filipinos, bread is one of the staple food next to rice so you should not worry in terms of demand. In terms of the investment cost, you might need around P70,000 or more depending on the tools and equipment you will be buying.
Same with many other businesses, strategic location is one of the keys to success. There are business owners who put up bakeries in a not-so-developed subdivisions and the idea is to play the business long term. After 5-10 years, the subdivisions will become more established and more crowded hence, more profit for the business. By that time, people are get used to buying from you instead of buying from somewhere else.
If you’ve got the knack for baking bread, you’re in a good location, have the capital to start, then you might consider putting up this kind of business.
3. Soft Serve Ice Cream – Philippines is a tropical country, end of the story. Way back then, dirty ice cream vendors are a-hit especially around the 90’s. When kids hear the ring of the bell outside, they’ll rush out to call the “mamang sorbetero” (ice cream vendor).
Today is a different story. Ice cream now comes in soft version. With Soft Ice Cream machines, it is much easier to make ice creams. However, the downside is, the machine costs more than P50,000 depending on the size and brand of the machine you will be buying.
The best approach is to get an ice cream machine supplier with good payment terms so it won’t hurt your pocket. If you have a good location where you can sell more than 100 cones or cup per day, you can pay your machine in less than a year.
4. Siomai Stand. This business requires lower cost investment compared to the first three entries. What’s good with Siomai is it can be served in many ways.
- Can be served per-piece or per set-of-3 or set-of-5
- Steamed or Fried
- With Plain, Calamansi, or Chili Sauce
- With Rice
Siomai-Rice is a-hit for students because of its affordability. They can buy in set of 3 Siomai with rice and have the option to have additional per-piece order.
5. Kakanin. For almost every occasion, there’s always these set of Kakanin. No occasion is complete without these type of foods.
If you’ll pursue this kind of business, there are a lot of Filipino kakanin delicacies you can choose from:
- Cassava Cake
You can sell kakanin directly to the end consumers. However, if you want higher profit, you can do the production of these kakanin. Look for distributors or re-sellers in your place and let them do the selling for you.
6. Merienda (Snacks). There’s a wide variety of foods that fall under Meriendas. Since kakanin has been tackled already, this one will focus on noon-time meriendas. If you’ll pursue this kind of business, here’s a list of profitable foods you can sell in strategic location:
- BananaQ, KamoteQ, Turon, Maruya
- Fishball, Squidball, Kikiam, Chicken Balls, Kwek-Kwek
- Ginataang Bilo-bilo, Ginataang Mais, Waffles
- Sago-Gulaman, Mais con yelo, Saging con yelo, Halo-halo, Juice
7. Cakes and Cupcakes. If you love baking cakes and cupcakes, you might want to get into this kind of business. You can do customized cake designs for birthday parties, weddings, anniversaries, events, and many more.
Here are some of the tools, utensils, and equipment you need to buy:
- Baking Pans
- Dough Mixer
- Measuring Cups and Spoons
- Mixing Bowl
- Pastry Brush
- Rolling Pin
- Kitchen Towel/Plastic Wrap
- Rubber Spatula
- Cooling Rack
You can use social media such as Twitter, Instagram and Facebook for the marketing. You can create your business page and showcase your works there. You can run ads and set your target market for as low as 40 pesos per day in your marketing campaign.
8. Carinderia. This will always be the go-to place of people who don’t have the time to cook on their own. With the busy schedules people have these days, their option is to buy readily cooked food.
Typical Carinderia Foods:
- Bicol Express
- Fried Chicken
- Kare kare
- Many more
You don’t need to serve all menu everyday. Just focus on your specialties to make sure that people will patronize the foods you cook. You can experiment on the first week and study what dishes people will like and stick to those dishes to maximize your profits.
In food business, sanitation and safety is a must. If you’re planning to put up a food business in your home, proper handling, preparation, and storage must be observed.
That’s it! If you find this post helpful, share it with your friends! I’ll be updating this post often so always check this site for updates. Thanks!
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