What is the cheapest business you could possibly establish nowadays?

Philippines
June 17, 2007 9:10am CST
I think junkshop has less capital than any other business. What else do you think are the cheapest that you could possibly establish nowadays?
2 people like this
3 responses
@cdparazo (5765)
• Philippines
18 Jun 07
My cousins are into junk shops and there is indeed money there. They stared with a capital of P10,000 but when they got big sellers, they really have to scour for extra cash and borrow money from us. They are having a very good life now that they have already been in the business for 10 years already and they are earning not less than 100T per month. As for me, I started with dealership business of home care products. I started with Php300 only and I got a return many times over and has earned more than 20T on the same month that I started. Now that is what I say very cheap start-up. My target is to go over 200T a month which I am not far from getting since I have started to close deals with some establishments and hotels already. I'll give it a few months to hit my monthly income goal.
• Philippines
18 Jun 07
that sounds good... what kind of products is that? give me more info..
@lifeiseasy (2292)
• United States
17 Jun 07
I have never heard of Junkshop ... unless your are talking about a junk shop as in like a second hand store ...lol and yes that could prove to be quite exspenvie to set up if you needed to rent a building to have the store front ...you could use a flea market booth ..that would be cheaper ...I prefer to set up a shop online ... no overhead 100% profits that way ... I have found that earning money is alot better now with the price of gas ...you can stay at home save all the gas money driving back and forth to work and also be home with the kids too :) If you are going to open a junkshop what would be the first thing you would do ???
• Philippines
17 Jun 07
yes...that's also a good business, online shopping. That's the 'in' thing nowadays...
• Philippines
17 Jun 07
How about selling cell phone load and other eloads? Some companies offer a membership fee with a small amount to start your reloading business. After that you just have to load up your wallet. Depending on the eload you will sell you anearn 3 to 15%
• Philippines
17 Jun 07
yes... that's also a good business.. ;)