Our Overseas Filipino Workers are among the highest contributors to the growth of Philippine economy through their remittances. According to Philippine Statistics Authority, there are over 2.3 million Filipinos working abroad and send an estimated yearly remittance to about P173.2 billion pesos (2014). Although they are sending that much amount, their income is still insufficient for their families. For this reason, they still look up for another source of income. Click Here for A Business Opportunity that OFW’s Can Easily Do. Here are Great Business Ideas for OFW's and their families. 1. Retail Store A very common business in the Philippines. This is a small-scale business that family members can manage. It can be set up on their garage or part of the house can be used for this purpose. Very popular business for Filipino families because it requires no professional expertise to operate. For the OFW family, this business idea can be effective because a family member can manage it. It's easy to set up and doesn't require very professional skills. They can sell food, drinks, personal care products, and add up a selling loads. 2. BUY AND SELL Another best option is the Buy and Sell business. This works to almost everybody. They can start building clients with their neighbors and relatives. Best products to sell are seasonal products. Example: Gift items during December. Stuff Toys on January and February (love month). Graduation gifts for March... etc. 3. Live Stock / Poultry Business This option is best for OFW families located at provinces or barrios. This could take a while before having returns but when it comes, it sure is great. Hog raising is very good specially if your supplying for market consumption. Find clients that have stores on the market and supply for them and your business will roll earnestly. |
4. Food Carts
There’s a lot more BUSINESS OPPORTUNITY out there. You just need to give them sometime to see what they have in store for you.
I hope this business ideas will help our Overseas Filipino Workers (OFW) to consider starting business for their families in the Philippines. We all know that being an OFW is not a lifetime job that is why they need to make the money they earn to earn more. To grow more.
I hope this business ideas will help our Overseas Filipino Workers (OFW) to consider starting business for their families in the Philippines. We all know that being an OFW is not a lifetime job that is why they need to make the money they earn to earn more. To grow more.
P.S.
If your in a tight budget but you really want to have a business…
CLICK HERE TO SEE A BUSINESS OPPORTUNITY THAT ANYONE CAN DO EASILY.
If your in a tight budget but you really want to have a business…
CLICK HERE TO SEE A BUSINESS OPPORTUNITY THAT ANYONE CAN DO EASILY.
GET THIS FREE EBOOK NOW! CLICK HERE. |
Do you have any Business Idea? Share your thoughts below.
Editor's note:
This post first published last November 29,2015 on my other blog site. and was updated.