MANILA, Philippines - Summer is a good time to start a business.
According to an expert, it is good to venture into the food business, particularly those selling Filipino street food favorites such as halo-halo, lugaw, fishballs, kwek-kwek, banana fritters and barbeque.
"Lahat halos, you would see even mga bata na nag-aaral, pagkain muna ang bibilhin bago ang luxury," Grachie Madridano, livelihood consultant of Carl Balita Livelihood Center, said.
Other businesses such as selling T-shirts, urban farming, selling flowers and handicrafts, also require just a small capital.
For those who don't have any stall at a tiangge, they can opt to sell their products from home, at the office or online.
"Kahit P500 puede ka nang magstart ng negosyo. Basta marunong kang humawak ng pera. Yung iba kasi kaya hindi nag-susucceed, nag-negosyo ngayon, kumita ng konti ginasta sa iba. Dapat yun, when you are going to have a business, out of the 100 gross that you will give, yung 50 percent ibalik mo sa puhunan. Yung 25 percent for future use at 25 percent yun na sweldo mo," Madridano said.
This is what Fe Faller-Que did. She only had a P100 capital for her business selling flowers to offices.
Now, she has a flower shop at a hotel, where she earns P300,000 a month.
"Bibili ako sa Quiapo noon, benta ko ng P150, so may P50 na ako,.. Madali ang flowers. Kaya makikita mo ang daming nagbebenta ng flowers kasi kahit maliit lang an puhunan, mabilis ang turnover," she said.
Rose Benipayo, who owns a food cart business, now earns P30,000 a month.
"Word of mouth lang sa mga friends, clients, nakikita nila sa social media," Benipayo said.
For those who are planning to start a business this summer, experts suggest choosing a business close to your heart and something you're interested in, while working hard to make it grow.