Small Food Business Ideas OFWs Can Start with a Small Capital

If you’re a global Pinoy working hard abroad and you love food, then a small food business is something you need to include in your future plans. Not only would it help you provide financially for your family, but it would also be a fun endeavor (especially if it just needs a small capital). But just in case you don’t know where we start, then here are some ideas to help you on your way.

Rice Business or Bigasan

Some of the best things about having your own bigasan include its relatively low starting and maintenance cost, its profitability (provided that you put up shop at a good location), and the steady demand for quality rice in the Philippines. You can even set up your rice business at home with just a capital of Php 50,000.00 (you’ll need Php 250,000.00 if you want to be part of a franchise, though).

Delicacies and Kakanins

But if you like to offer people something sweeter and more enjoyable, you might as well go for a kakanin business. Filipinos have a sweet tooth and would lay their hands upon the first snack they spot, so you wouldn’t have a problem with demand. Plus, the capital required is relatively small (around Php 500.00 to Php 12,000.00). Just make sure you pick a good location, one where there are fewer competitors.

Pinoy Street Food

Aside from selling sweet kakanins, you can also try starting a street food business. Filipinos also love street food, especially fish balls, squid balls, and kwek-kwek, among others. And since the ingredients are cheap and easily available, you’ll have no problem in immediately setting up your store. The only thing you need to worry about is making sure all your food gets solved by day’s end.

Palamig or Samalamig Business

Of course, no kakanin or street food would be complete without a cup or two of refreshing palamigs or samalamigs. Much like street foods, they are easy to prepare and cost relatively little. Plus, if you position yourself in a place where vendors only sell snacks, you’ll be able to make a killing.

One Way to Get Started

Any of the business ideas above are great if you want to start small. They are also easy to run (you can simply delegate it to someone you trust while you’re abroad). And in case you need a bit of financial assistance, you can always apply for an OFW cash loan.