Running an online business and being your own boss definitely has its appeal. In fact, it’s so enticing that the number of registered online businesses in the country is now 40 times more in the past five months[1]. Definitely, the internet is a great medium to connect with customers without leaving home. However, starting an online business also has its challenges—the biggest one is coming up with enough money for capital. But don’t worry because there are many online business ideas you can start for as low as PHP 2,000.
Want to take the leap? Keep on reading to learn more about online business ideas in the Philippines you can start in 2020.
Online Business Ideas 2020
1. Make Artisanal Candles
online business ideas 2020 – candle business
Aromatherapy candles can help people relax after a tiring day. They are perfect to cap off a busy workday, especially now that most professionals are working from home. They’re quite easy to make as well. Add your own flair and essential oil blends to create the most calming candles.
Starting capital: PHP 5,000 – PHP 20,000
Materials and equipment needed:
- Double boiler
- Candle-making wax
- Wicks
- Essential oils
- Coloring agents
- Molds
- Dried flowers (optional)
- Tin can or glasses as containers
Candle making is one of the easiest online business ideas out there. You can do it at home, even if you have a small space. The profit margin is also high, with quality, artisanal candles selling for as much as PHP 1,000 each.
Read more: 10 Steps to Starting an Online Business in the Philippines
2. Offer Online Tutorials
online business ideas 2020 – online tutorial
The country has been in quarantine for more than seven months, forcing students to take their classes online. Students find it hard to