There’s a limit of being an Overseas Filipino Worker. Sooner or later, your body will start to get weak and will have limited work to do. That’s the time you’ll think of settling down to the Philippines. However, that’s not the ideal situation to follow. As much as possible, it is best to settle down to the Philippines as early as possible but you can only do that if you have a stable income to hang in to.
OFW needs to save so they can start a business in the Philippines. There are a lot to choose from and you will be amazed how effective they are in generating income for the family. Here are some business ideas for OFWs.
OFWs who lack experiences when it comes to running a business should start franchising from reputable brands. This is because, companies that offer franchising also teaches you all sort of business ideas which includes setting-up your business, bookkeeping and even your daily operations. The only key to success in this field is finding a reputable franchise company that the public patronizes.
The increase in the number of Filipinos owning a mobile phone has led to the rising demand of prepaid loads. Whether they want to use their phones to text/call or browse social media sites, they need to load up their sim cards to do so. That is why a loading business offers great profitable to business owners. What’s more? You can become a retailer even at the comfort of your home.
Not everyone has a laptop and internet connection at home, yet all high school students and college students need to research or browse something online. That’s when they come to internet café’s. Start your internet café business near schools and it will surely boom in no time! You can also include a photocopying service in your internet café for more income.
It seems like everyone wants comfort and minimal effort these days that even shopping is done at home, through the internet. Online business serves as a good start for OFWs who want to be with their families while earning some cash.
Real estate business is booming these days. OFWs can buy a house/apartment and rent it to others so they can get an income. They can also venture buy and sell of real estate properties.
If you have a huge neighborhood, then a sari-sari store is the best business for you. You can sell almost anything in it. This is a typical business not only for OFWs but still allows you to earn much in a daily basis.