6 Pandemic-proof Business Ideas in the Philippines | Security Bank Philippines (2024)

Business

6 Pandemic-proof Business Ideas in the Philippines

By: Jeremy Mallari | August 4, 2021

6 Pandemic-proof Business Ideas in the Philippines | Security Bank Philippines (1)

In these trying times, it’s good to have another source of income to stay afloat or make ends meet. If you have an emergency fund already and have a sizable amount sitting at your bank account, it makes sense to find ways to grow your money—like starting a business.

Starting a business in the middle of a pandemic is not an easy task. The recent restrictions can be a roadblock to your success. However, with the right research and planning, any business can thrive even in the middle of a pandemic. All you need is to adapt.

Here are some pandemic-proof business ideas you can start:

Water-refilling station

Drinking water is one of the basic needs. All of us need safe drinking water that can quench our thirst and refill our bodily fluids. However, not all drinking water is made the same. Tap water isn’t 100% safe to drink since it has lots of unfiltered chemicals and minerals. Meanwhile, bottled waters are just too expensive for daily consumption.

If you’re looking for water that is cheap and safe for daily consumption, a water refilling station is your answer. Putting up a water refilling business within your community is one of the best ways of having a continuous stream of income. Even in a pandemic, the demand for water is steady. In fact, the demand is up since everyone’s at their homes.

When starting up a water business, you have to think of costs such as a water refilling machine, rent, employees, vehicles, etc. Make sure that your station also passes the health and safety standards.

Rice business

Rice is a staple food in the Philippines. After all, we are an agricultural country and everyone simply loves rice. Even in a pandemic, the demand for rice is steady and growing. You have customers who will repeatedly buy from your store and food establishments who order in bulk. You won’t even need marketing to sell rice.

In starting a rice business, you need to secure an NFA license first. You also need to have proper rice equipment and storage. If not stored properly, pests will obliterate your rice. And most importantly, don’t forget to register your business to the DTI.

If you don’t want to have the costs of renting space, utilities, and other fees in starting a brick-and-mortar shop, then an e-commerce store is for you. An e-commerce store allows you to have a scalable business for your products and easy interaction with customers.

What you only need is a well-functioning website or a social media page that showcases your products. Then, you need to set up seamless delivery options and payment methods for your customers. Also check out big e-commerce websites such as Shopee and Lazada. You can sell your products here.

Just a reminder that you still need to register your online business in DTI.

Delivery or “pasabuy” business

In a pandemic, delivery services are essential. Due to the threat of COVID-19, people prefer someone to buy things for them outside and deliver them to their homes. That’s why delivery and “pasabuy” businesses thrived. If you have a car, you can start your delivery service by offering unique products not being offered on Grab, Shopee, and Lazada.

Remember, you can deliver anything, not just food. Some “pasabuy” services even go further and handle the delivery of high-end items such as laptops, phones, bikes, etc.

When delivering, make sure to follow health and safety protocols. Your health is still the utmost priority.

Food business

When in doubt, go for food. After all, there will always be a demand for food. People are always in search of good food that will satisfy their cravings.

You can start your food business by renting a space for your restaurant or stall. Be creative and think of ways that haven’t been done before. However, keep in mind that we are still in a pandemic. Quarantine restrictions can be a temporary roadblock for your success since people aren’t going out. That’s why having an online presence and delivery options are vital for businesses nowadays. You can provide food for your customers in the comfort of their homes.

If you aren’t comfortable with the costs of rent and utilities in having a physical store, then you can also start a food business at home! It will definitely save you a lot of money. Just set up a social media page or website then people can order in their homes.

Fitness and wellness programs

It’s been more than a year since the pandemic started and the gyms are still closed. People want to be physically fit but have lost their motivation. All it takes is someone who can push and motivate them to reach their fitness goals at home.

If you have a background in fitness, you can start home workout programs that people can join online via video conference. In addition, you can also start a diet/meal-prep plan for them. Staying fit and healthy is vital nowadays.

6 Pandemic-proof Business Ideas in the Philippines | Security Bank Philippines (2024)

FAQs

What are the popular businesses during pandemic in the Philippines? ›

Food preparation/processing companies. Delivery services for food, water, medicine and other basic necessities. Banks and capital markets. Power, energy, water, IT, telecommunications, waste disposal services.

What is the best trading business in the Philippines? ›

The best trading business opportunities in the Philippines include services trade, merchandise exports, and investment in regional growth centers. The Philippines has gained success in the business process outsourcing sector and has opportunities in digital trade, creative industries, and telemigration.

How did the Covid 19 pandemic affect the businesses in the Philippines? ›

The pandemic has negatively impacted enterprises such as in the form of increasing costs, reducing sales, and labor-related challenges including remuneration or retrenchment.

What business can you recommend in this pandemic? ›

An online retail store will ensure that the business keeps running and that items continue to be sold. Having an online retail store will also boost a brand's online presence and widen its reach. Why it's a pandemic-proof business: People can browse products and place orders 24/7.

Which businesses boomed during COVID? ›

While the surge in new business applications was “uneven across sectors,” the largest increases were in the nonstore retail sector (alone accounting for 1 out of every 3 new businesses formed during the pandemic) and the personal services sector.

What business makes the most money in the Philippines? ›

4 Most Profitable Business Ideas in the Philippines
  • Online Selling. Online selling, often called e-commerce, has emerged as one of the Philippines' most lucrative small business opportunities. ...
  • Food Cart. Food carts are ubiquitous in the bustling streets and malls in the Philippines. ...
  • Gym. ...
  • Vacation Rental.
Oct 25, 2023

What is the easiest business in the Philippines? ›

15 Small Business Ideas in the Philippines
  • Homemade Palamig Business. Capital needed: Php500-Php5,000. ...
  • Cellphone Loading Business. Capital needed: Php1,000-Php5,000. ...
  • Home-Cooked Meals. Capital needed: Php1,000-Php8,000. ...
  • Face Mask Business. ...
  • Online Tutoring Business. ...
  • Plant Shop. ...
  • Web Design Business. ...
  • Delivery Courier Services.
Dec 23, 2022

What is the cheapest most profitable business to start? ›

Low-cost business ideas with high profit potential
  • Launch an online store.
  • Offer online tutoring services.
  • Participate in affiliate marketing.
  • Launch a marketing consulting business.
  • Sell branded merchandise.
  • Become a personal trainer.
  • Produce online courses.
  • Start a dog-walking or pet-sitting business.
Jan 25, 2024

What sells the most in Philippines? ›

Fashion and apparel are perennial best-sellers online in the Philippines. From trendy clothing items to stylish accessories, the online marketplaces offer a diverse options for Filipino fashion enthusiasts. Electronics and gadgets are in high demand, with smartphones, laptops, and smart devices being top contenders.

What are the 3 most common type of business in the Philippines? ›

Business entities, just like individual persons, are subject to taxation and must file a tax return. In Philippines the most common types of businesses are sole proprietorships, partnerships and corporation.

What business to start with 50K in the Philippines? ›

Sometimes the best business ideas with 50K capital in the Philippines are in the food franchising industry. Start small with a food cart franchise. Food carts offering one or two products usually start at a franchise fee of ₱35,000. This package already includes equipment, training, and customer support, to name a few.

What are the current issues in business in the Philippines? ›

The challenges faced by businesses in the Philippines, particularly SMEs, include competition among countries in Southeast and East Asia, international standards and regulatory requirements, the role of the government and institutions, adapting to changes in international market demand and input supply, and ...

What are the issues to our Philippine business nowadays? ›

Issues about business in philippines5 answersThe issues about business in the Philippines include heavily regulated industries with restrictions on ownership and price control, high cost of compliance, ambiguity in statutes interpretation by regulatory agencies, conflict between national and local regulations, and ...

How have businesses changed during the pandemic of COVID? ›

As the coronavirus pandemic shut down everyday commerce in 2020, businesses across the globe shifted focus, switching to remote work and in many cases offering new products, services and delivery methods to reach customers and maintain operations.

What businesses were affected by the pandemic? ›

Every industry suffered job losses since the start of the pandemic. Within prominent industries of the top 100 metros, the accommodation and food services industry, which includes hotels, restaurants, and similar businesses,3 suffered most, with employment dropping to 86 percent of its pre-crisis levels.

What businesses did COVID impact? ›

The coronavirus pandemic affected all sectors of the economy in 2020, from movie theaters and nail salons, to warehouses and meat processing facilities.

What companies struggled during the pandemic? ›

7 Companies That Went Bankrupt Due to COVID
  • Bed Bath & Beyond (ticker: BBBYQ)
  • First Republic Bancorp (FRCB)
  • SVB Financial Group (SIVBQ)
  • J. Crew.
  • Tailored Brands.
  • JCPenney.
  • Hertz Global Holdings Inc. (HTZ)
May 12, 2023

How did COVID-19 affect the food business in the Philippines? ›

Consumer and retail components of the food commodity chains have been significantly affected by enforced community quarantine. Despite the large number of women engaged along these food commodity chains, there has been no targeted response designed to support them, particularly in the processing and retail segments.

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