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Food cart business offers the most portable type of food service. Since all the things needed for your business are in the cart. For example, the cooking utensils and equipment, cashier and the items you sell. There are many types of food cart businesses you can think of like pearl shakes, fruit shakes, nachos, siomai, baked good, fish ball, squid ball or rice in a box. The popularity of this type of business makes 1 billion pesos of sales every year.

But before you plan to start this type of business, you should first consider the location and the type of product you are selling for that location. It is important that the location should have high foot traffic. This is very obvious because how will sell you product if there is no one around? But even though there are lots of people passing doesn’t mean that you will already have a large amount of sale. For example, if you put your cart near the MRT or any public transport area people are always in a hurry to get to their destination and does not notice things around them very much.

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When you say home business, obviously the thing that went to our minds is a business done at home. There are lots of home business ideas you can think of and you can search the internet for ideas. Home business is not new and in fact most Filipinos who started their businesses at home became big businesses today. One example is Red Ribbon bakeshop. I remember my wife when she told me about how Red Ribbon bakeshop started. She knew that because she worked there when she was still single, a couple of years before we came to know each other. It actually started as a hobby and the owner used to bake cakes as a gift to friends and relatives  and tied it down with red ribbon. So that is where the name of the bakeshop came from.

Traditional home business are vendors who sold kakanin (native delicaies) like suman, bibingka or cuchinta and other street foods which are usually made at home. You can also produce home made laundry detergents, dishwashing liquid, process meat products, novelty crafts and other things limited only by your imagination. So how about online home businesses opportunities? are they available in the Philippines? if internet was not invented, then chances are we won’t be able to dive in this opportunity. Although not too many Filipinos are aware of it, those who have a chance to harness this technology can earn by selling online like in eBay for example. Some create there own ecommerce websites selling goods like Divisoria.Com and PinoyDelikasi.Com. If not there own products, website owners join affiliate networks selling other peoples products and earn by commision. Others sell their services as freelancers doing article writing, programming, website designers and graphics designers.

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There are many reasons why products fail and even the largest manufacturing companies cannot escape from those mistakes. Watching out some basic pitfalls below can save your company or your business on very low sales or even on the brink of bankruptcy.

1. Setting Aside Quality - since business today are very competitive than an few years back, many companies are skimping on quality in order to be competitive. News about bad quality of a product can spread like a wild fire in the internet and word of mouth as quickly compared when internet was not yet available. Before you know it, even your most loyal client can drop you without notice if the quality of your product does not satisfy their standards.

2. Making Copycat Products – if your product does not have a clear and defined niche market, you are competing against thousands or millions of clones with a very minimal chance of success.  Monopolizing on a certain specialized niche will give you a better chance of success. If you want a broader niche market, your product got to have a competitive features not found on your competitors. Innovation is the key on the rapidly changing market fad.

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Earning online seems to be a mystery to most of the people even now we are already living in the internet age but the fact is you can earn extra money from home using your computer. To those who are always surfing the internet, maybe most of them are already aware how to earn online but I’m not sure if even 50% of them are already earning their living through the internet. No matter what stage of your life now, there are many ways to earn extra money from home and one of the ways is using your internet and your computer. Of course there are some skills to be learned depending on the kind of niche you want to concentrate to and here are some of them:

Become a Virtual Assistant

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I thought the free seminar given by PTTC was over because of the change of administration. On the past seminars we are informed that it was a priority program of President Gloria  Macapagal-Arroyo and was made possible by DTI-CLEEP (Comprehensive Livelihood and  Emergency Employment Program). Nevertheless below are the list of seminars that will be given that day.

Food Products

• Meat Specialties for Business (am) – includes sweet ham, chicken ham, special embutido, special meat loaf
• Hamburger Varieties (am) – includes premium, commercial, mushroom burger, chessy burger
• Foodcart Business (pm) – includes siomai, buy 1-take-1 hamburger, calamares, stir-fried noodles, gulaman
• Ham Varieties for Christmas (pm) – includes sweet ham, chicken ham, pear-shaped ham, hamonado

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Below are available TRC (TLRC Philippines) courses and seminars for September 2010:

Setting up a Micro Lending Business
Lecture: lending act, financing act, type of microloans, simple interest & effective interest rate, different method of computation, micro-lending & credit cooperative, procedures in granting loan, documents used in granting loans.

Date: Sept 1
Time: 9-5:30
Price: 1,375

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