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Lesson 5 - Common Small Businesses in The Philippines

This document identifies 10 common small businesses in the Philippines and explains their importance. It lists the most prevalent small businesses as sari-sari stores, rice retailing, food carts, printing, buy-and-sell operations, street food, flea markets, online selling, cellphone loading, and laundry/dry cleaning. Small businesses are crucial to the Philippine economy. Choosing the right small business requires considering one's passion, skills, experience, and market demand.

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278 views

Lesson 5 - Common Small Businesses in The Philippines

This document identifies 10 common small businesses in the Philippines and explains their importance. It lists the most prevalent small businesses as sari-sari stores, rice retailing, food carts, printing, buy-and-sell operations, street food, flea markets, online selling, cellphone loading, and laundry/dry cleaning. Small businesses are crucial to the Philippine economy. Choosing the right small business requires considering one's passion, skills, experience, and market demand.

Uploaded by

kylasaragosa04
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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COMMON SMALL

BUSINESSES IN THE
PHILIPPINES
LESSON 5
I. OBJECTIVES: At the end of the lesson, the learners should
be able to:

a. identify the common small


businesses in the Philippines.

b. recognize the importance of


small businesses in the
Philippines.
What are the macro
environmental
forces?
What are the
industry sources
of opportunities?
INDUSTRY SOURCES OF
OPPORTUNITIES

Rivals or competitors

Suppliers of input to rivals

Consumer market segments

Substitute products or services

All other support and enabling


industries
COMMON SMALL BUSINESSES IN THE
PHILIPPINES

1. Sari-sari store - it is
one of the easiest
businesses to set up due
to minimal capital
requirement and it can be
managed at home where
the business owner lives.
2. Rice retailing -
it is very common in
the country since
rice is a staple food
among Filipinos and
other Asian
countries.
Food cart
3.

business - they
are usually located
inside or outside
malls, parks, train
stations, offices and
schools.
4. Printing business -
this lucrative business are
usually located near
schools and offices and
cater the printing needs of
students such as reports
and projects.
Buy and sell
5.

businesses -
one of the emerging
business in the Philippines
and the most efficient and
practical way because
anybody can be a seller
even without an actual
business.
Street food
6.

business -
these businesses are
widespread in the
Philippines and are
literally located in streets
selling similar food items
as food cart businesses.
7. Flea market
business or tiangge
- in this type of business,
entrepreneurs set up a
small space and sell any
type of goods in a palengke
set up that is normally in an
open space.
Online selling
8.

business-
this business deals
with adding the
internet as a
marketing and
transaction channel
for selling.
Cellphone loading
9.

business -
80% of Filipino households
have access to mobile
phone. This is the reason
why there are so many
cellphone loading
business.
Laundry and dry
10.

cleaning services -
mostly located near
condominiums and
universities. Target market
are those individuals who do
not have time to have their
clothes washed and ironed,
like students and workers.
REMEMBER!

Getting business ideas in the Philippines can


be a game of luck.

For most of us, we want to find a business


because our situation calls for it.

Whether you are a college student looking for


extra income or a company employee, find a
winning business idea is the first step
towards achieving financial freedom.

To choose the right business idea, you have


to factor in your passion, skills, experience,
and the current demand in the market.

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