good businesses for: 100k/200k/300k

[wulf]

finally got around to the "rich dad, poor dad" audiobook that's been w/ me for quite some time now, and i must say, t'was an eye-opener...lines like "if you have to be there, it's not your business, it's your job" or " if it's not making money, it's a liability, not an asset." and it couldn't have been more relevant to us now that we are buying our own place (instead of renting)... i know i could google or buy entrepreneur magazine for info but, i'm assuming that a lot of tsikoteers are successful businessmen (how else can you afford your "toys") so i'd like to get your insights, i'm pretty sure others would find this beneficial.

anyways, so the question is: with a budget of, 100k/200k/300k, what business can one start-up that has more potential/chances than most other businesses to make a profit? of course there are a host of other factors (location, sound business management/practice, etc) but just to help out wannabe entrepreneurs get in the right direction, maybe you could share your thoughts, eh? you may or may not share trade secrets thanks a bunch in advance

[BlueBimmer]

mall food cart/kiosk franchise..panalo ka sa foot traffic

[uls]

retail (grocery/mini mart)

[Syuryuken]

How about computer business? sa 300k budget, ibili mo ng PC yung 200K maybe 8-10 units. remaining 100k gamitin mo sa dp sa stall; phone/dsl line; aircon; permit etc....

napakagandang business nito pag natutunan mo pasikot-sikot, good example is my brother, he'll be opening his 6th branch this month. he started with 3 units yung Cyrix pa sikat na processor nun.

[1D4LV]

imho, the best business are:

1. food business. all people would have to eat. pero yung maliit lang like stalls or kiosks.
2. services. kung may talent ka like photography, computer repair, teaching na minimal ang capital or laway lang ang puhunan.

yung iba kasi, you need to initially spend a lot (like franchises) and ROI may take a few years. and because business is business, there are several factors that can make or break it. what would happen, if let's say, the business folded? di nawala na yung capital mo. baon ka pa sa utang.

pero depende sa franchises ha? malay mo si theveed eh may balak mag franchise ng big berts? hehehehe.

[van_wilder]

online retailing, or maybe ebay store...

[badsekktor]

tiger prawns!! tubong lugaw

[CLAVEL3699]

tiger prawns!! tubong lugaw

pls give inputs im interested

[karlbo]

basically for small businesses you can start on what people will need on a daily basis.. for example.. Rice... you can try openning a small bigasan for around 200k as a start and from then on it will grow slowly but surely for this is one of the many things that people need in everyday living... just my 2 cents...

[BlueBimmer]

^yep people's needs mas safe kesa luxury goods

[2slow]

lending or small loans. its the only business na boom pag crisis. hehehehe just make sure you dont have bad debts.

[basti08]

for 300K max... ill buy and sell cars starting at the 150-200k capital and the rest... a small grocery.

btw, OT: how do you start a business? sorry medyo wala po ako idea... hindi namen alam kung paano magsisimula, someone's offering us a deal we own very favorable sa amen... but we are not familiar with the product...kaya medyo nahihirapan kame... dunno how to start it.

[badsekktor]

pls give inputs im interested

kuha ka bro ng mga fingerlings yata tawag dun. im not sure kung magkano kasi isa sa mga biz ng gf ko to. basta mga worth 50 k to 100 k worth of fingerlings ng sugpo. alam ko sa may zambales sila kumukuha. tapos hinuhulog lang nila sa palaisdaan. ask ko lang din yun details pero around 2-3 months bago i-harvest. ang alam ko eh mga 1-2 pesos kada fingerling and pag napalaki mo yun eh pwede mo mabenta ng 300 - 400 pesos per kilo(not sure kung magkano kilo ng sugpo ngayon) basta alam ko kumikita sila ng around 1.5 million for a 150 thou na hulog ng sugpo. yun pakain ang tatanong ko kung magkano

[wulf]

hmm...all very interesting, lalo na yung tubong lugaw na prawns! hehe. right now kasi we have our "little" advertising/graphic design shop, business is ok but i'm looking for something "low-maintenance," something you set-up and can leave, i-check lang 1-2x a week.. so far kasi we're enjoying what we're doing and still have a regular clientele, but for one of our client na bank for SMEs we encounter success stories na tipong sobrang liit lang then through hard work and prayers and some insights, BOOM! kaka-inspire

[ARB]

growing prawns is not that easy. trust been there and lost all of it. yes if you might hit it big time, but bear in mind that this is one of the major cause of the problems here in the visayas.

it looks easy in cultivating it but then a lot of people went bankrupt because of it here.

just to give you an idea, you need a generator, land more than 5 hectares to be viable, a lot of money to buy feeds, medicine, people you can trust, water pumps, paddle wheels. and the money to pay your monthly electric bills.

[chieffy]

sa 300k pwede ka na mag buy and sell ng kotse...mag umpisa ka sa isa ;)...pwede na rin ito sa food cart business...bili ka ng Entrepreneur mag to get ideas...

200k carwash business...

100k ukay ukay...get a place na 10k-15k per month ang rent...dito sa area namin malakas ng ukay ukay...yung mga place na binitawan ng banko (65k/mo rent ng place) at 7-11 eh panay bilihan na ng ukay ukay ngayon...ibig sabihin kayang kaya bawiin sa business na ito yung renta...kuryente di naman magastos, konting ilaw lang at fan ayos na...

[HIFI]

My 2 centavos lang....

Pasukan mo yung business you're familiar with. Something related to your line of work or hobby. It's important you understand the aspects and of course, the risk.

Kung wala, then you have to find a partner that does, othewise...franchise is the best option. Meron franchise list ang "The Entrepreuneur" magazine....I think it's either July or August issues. There should be several businesses ranging your budget.

[Chip]

growing prawns is not that easy. trust been there and lost all of it. yes if you might hit it big time, but bear in mind that this is one of the major cause of the problems here in the visayas.

it looks easy in cultivating it but then a lot of people went bankrupt because of it here.

just to give you an idea, you need a generator, land more than 5 hectares to be viable, a lot of money to buy feeds, medicine, people you can trust, water pumps, paddle wheels. and the money to pay your monthly electric bills.

+1. daming 'abandoned' fishponds(or do you call them prawn ponds? hehe) sa visayas.

[Isuzoom]

mahirap ang prawn kung wala kang know how sa aquaculture...

[ian_rex]

actually, you'll be safe with food business. basta maganda ang location mo, then maganda ang presentation, presto. kita agad.

honestly, rich dad poor dad series made me think. even read other books like retire rich retire young, cash flow quadrant, etc.

always start small. also provide a good customer service. one of the secret ingredients of a successful business...