Starting up your own business should be your top priority this year. For OFWs who wants to stay in the Philippines for good, it is much better if you save money and start up a business that has a promising future this year and the upcoming years. Here are some business ideas that’s a big hit this 2018.
- Restaurant Business
Amid the country’s growing tourism sector, a restaurant business especially those featuring local business will surely become a big hit this 2018.
- Furnishing and Handicrafts
Another promising business venture is the production of furnishing and handicraft. These industries are supporting the tourism of the Philippines.
- Souvenir for tourists
This can be used as decorations in hotels and other accommodation facilities.
- Processed foods like fruits, nuts and fish
- Handwoven Items
It can be used as bags or upholstery.
“Ofcourse ang titignan muna natin dito ay iyong export prospects. Ano ba yung mga potential na pwedeng i-export. Dahil kapag nakikita natin yung mga winners kung tawagin natin, what are our export champions, kasama jan and processed foods. Titignan din natin ano ang pwede nating maitulong sa turismo,” says Undersecretary Zenaida Maglaya, Regional Operations Group of DTI.
However, the Trade and Industry Department (DTI) encourages starting entrepreneurs to venture into the market even though their business ideas are not included in the top industries this 2018.
According to DTI, their office and Negosyo Center are always open to help those micro, small or even medium entrepreneurs that needs their guidance.
After all, DTI asserts the first step in opening a business is to have the right mindset of being an entrepreneur.