Small Business Investment Options for Returning OFWs and Would-be Entrepreneurs

Small Business Investment Options — Returning OFWs who no longer want to work abroad can turn their skills and hobbies into business opportunities.

One who is keen on photography can start his own Studio and makes himself available for wedding coverage, birthday parties and the like. And if you like to cook, you don’t have to enroll and get a certificate in Culinary Arts. Just do it! You can open your own small Resto-Bar in your own community.

Other small businesses that can survive even in third class municipalities are the Internet cafes, laundry business, barangay coffee shop, child care centers, fast food business (carinderia), and livelihood activities like home-made sardines, sweets and other delicacies.

For those who have inclination to agriculture and/or livestock raising, one can be a weekend Butcher or put up your own BBQ grill Resto.

One can also try to do backyard farming with easy to grow vegetables or maintain small fish ponds for domestic consumption. He can also try Goat raising.

Lastly if you have the time, skills and capital, you can get a Franchise and manage it. Just be sure you have thoroughly studied the background of the company, their products and how to market them and that you understand the Franchising Agreement.

OFWs can initiate things within the reach of their own capital but if you need more start up business loan, you can tap the P1 billion (US$22.7 million) re-integration fund set aside by the government in December 2010. Qualified returning OFW can apply a soft loans with very low interest rate.

There are still many small business investment options available for returning OFWs and would-be entrepreneurs. What is important is identifying the best way to invest money that suits you, low risk but high return investments.

Ed Soriano

Hi,

I suggest you to invest to independent gas station….Im saying this because, I have my own, im not just another speculator…

I am an ex-OFW from Middle East.Having my own business have been a long dream of mine.Because having such gives me time for my family….

After finding success, i believe it is my responsibility to share my knowledge/experience.

I have started my independent gas station for a year and for now its going strong.

Anyone who have wanted to have a business with stable income, i can suggest an independent gas station for the following reasons

– highly demand commodity

– short time turn over

– increasing demand due to increase vehicle purchase

With your budget of 2M would be enough to put up one like the “Bulilit gas station”. Compared to other franchise players, margin is minimal so you have to play by the volume to reach their quota.

Here, you are your own boss at very flexible margin.ROI is fast as twice the Big players

Required lot at least 500 sqm on your name, along hiway or near city

I can assist you build up your business plan, to contruction, to operational

But Before you respond, we require the ff:

– must have a lot w TCT not lesser than 500 sqm along hiway or near city (location)
– have at least 500k operating budget other than the 2M Capex for the stn
– willing to undergo training
– willing to be the managing-owner and has no more intention to return as ofw…

email me at ofwalliance@gmail.com and send me your available time to meet at manila. Due to volume of inquiries, it may take some time for us to get back to you. Make sure that you qualify on the above qualification for us not to waste time.