Scouring for back-to-school business ideas this month of June? Well, your hunches could be on pretty right tracks. Perhaps with prudent m...
Scouring for back-to-school business ideas this
month of June? Well, your hunches could
be on pretty right tracks. Perhaps with prudent management practices plus a huge
Philippine youth market to cater to,
it’s not hard to see why several Pinoy companies which began from entrepreneurial
business start-ups have churned out phenomenal success through the years. There are the likes of a shoe store turned shopping
mall giant, a burger fast food chain catapulted industry leader, and a book store
school supplies retailer with
national bragging rights, just to name a few. Just imagine 54%
of the country’s 100M population in 2011 being comprised by people aged below 25 years old
and you definitely have a strong market demand to
back you up with. Smart would-be entrepreneurs wouldn’t miss spotting this obvious
market opportunity.
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Get into youth market with back-to-school business ideas. Photo courtesy of Pixabay |
Truly, Philippines’
predominantly young population has
ushered in abundant business possibilities for various industries from food,
fashion, leisure, and of course, to learning, among others. Below are some business ideas in time with school opening
season to bring you a steady demand for almost the whole year round.
1.
Day care or Pre-school
If you love kids, setting up a day care
or pre-school may just be the thing for you.
Although a pre-school has stricter regulations than day care, both
ventures require you to spend time with children from toddlers to pre-school
age. When setting up location, you need
to look out for communities of start-up families or friendly neighbourhood sites
near business centers for the convenient drop-off and pick-up of kids usually done
by working moms.
2.
School Supplies Retailing
Sales
of paper pads, pens, pencils, crayons, notebooks, and all other school supplies
peak especially during school opening but enjoys a steady demand for the rest
of the school year from students, school faculty and admin staff. Putting up your school supplies store near
the school would be best. Meanwhile selling additional products or locating
beside complementary shops like food snacks, personal care, and gift
accessories could help boost your sales further.
3.
Uniform Sewing and Repair
Do
you know how to sew? Make a business out
of your sewing skills by supplying student and teacher uniforms, physical
education sports apparel, varsity team jackets, and other items of school clothing
ensemble. Aside from custom-fit tailoring, you can also do sewing repair
services. You can start by accepting single job orders as your village “modista” but if you’re able to prove your
quality services, word-of-mouth advertising from happy customers can lead you
to more client referrals or even allow you to bag orders from school and
company clients later.
4.
Mobile Food Business
Selling
food snacks is a sure-fire back-to-school business formula as kids undoubtedly love
eating the most! Why not get into the
latest food craze via the mobile food cart or food truck? Whether you’re a cooking enthusiast or seasoned
chef, the mobile food business could serve well as launch pad and showcase
vehicle of your well-loved home recipe or new specialty gourmet recipe. While business and location permits could be tedious
to secure, this let-down is offset by the flexibility that goes with mobile
food business. You can easily move around parking locations depending on how
well business is doing at allowed sites.
5.
Academic Tutorial Services
Are
you an expert in a particular subject? Share
your knowledge and earn from it at the same time by doing tutorial services. You may start doing tutorials at homes of your
student clients at first. But you can have this turned to a full-blown business
with an office of your own once you have a bunch of customers already. What’s
good about doing tutorials is you can do this at your spare time outside your
regular job. Best of all, it only requires your brain power to start it up.
6.
Musical Instrument Teacher
While
some parents hire tutors to help their kids with the academe, some also pay for
teaching lessons in music. If you’re gifted with a bard’s ear when playing the
piano, guitar, violin, or other musical instruments, you could also turn this
talent into a business. Like academic tutoring, you could teach home lessons to
your clients if you don’t have your own instruments at first. Once you’ve saved
enough capital, you can start building up your own music school with complete
instruments and facilities.
7.
Sports Mentoring
Even
when summer ended, you can still continue with teaching and coaching kids in
sports. Try out as team coach of the varsity
team or post at the internet your outstanding sports credentials so student
athletes may notice and hire your services as personal trainer. Like academic
and music tutoring, this one requires almost nil capital investment except your
fitness and sports expertise.
8.
Internet Shop
Internet
shops are most helpful to students for their research needs. To keep up with
competition from alternative yet affordable gadgets like smartphones and tablets,
you can provide add-on benefits like lay-outing, scanning, typing, printing,
and even photo I.D. services. You may even add selling candies to your list for
a more enjoyable research work by your student clients.
9.
Books and Magazines Store
Books
and magazines covering a wide variety of topics ranging from academic subjects,
general reference, specialty fields, niche topics, arts and crafts, and hobbies
can attract a large student market. You have the option of running your store the
traditional brick and mortar way or online via e-commerce with provision on
shipping costs though.
10. Research
Writing Firm
The education industry involves much research work and some definitely
seek assistance in this area. Hence,
there’s the great need not only for individuals but also for big companies to contract
research services to external parties.
If you’re one who enjoys reading up, learning new things, and has great
writing skills for conveying meaningful information, then putting up a research
writing firm may be a worthwhile venture for you to earn money while doing that
which interests you at the same time.
11. Bookbinding Shop
Book reports, term papers, research projects, and other work submissions
will never run out in the academe. As there’s always the need to collate paper works
and so that’s why bookbinding stands as an old but prolific business found at
university belts and shopping centers.
Couple with bookbinding the need for making several copies and adding a
photocopying service will strengthen your business even more.
12. School Bus Service
If you’re someone who’s always on the go and enjoys your time on
the road, driving your way to a school bus company may be your route to
entrepreneurship. With this business,
you have to get used though to early morning work hours to get kids on time, vigilant following of weather advisories for typhoon class suspensions, and regulatory
compliances under government transport agencies. While business may be out during summer, you’ve
gotten however an assured clientele which brings you cash liquidity for the
entire school year.