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Mompreneur Resources

3 Business Ideas for the Stay-at-Home Mom

This year, explore these business ideas that bring in the profit with just a low start-up capital.

Below are the three most popular industries that stay-at-home moms can get into to earn extra, according to Yao:

Industry # 1: Food

Why it works:
Two words: love and capital. Filipinos naturally love to eat and experiment with their food and Yao says food requires the least capital of all to enter. She adds that you can make something as simple as kakanin that you can sell and you can earn money out of it easily. If you have a treasured recipe that friends and family clamor for, why not take the plunge and try selling it? It could be your Mom’s favorite Chicken Galantina recipe or your grandmother’s famed Paella Valencia. With the popularity of weekend food markets all over the metro, people are always on the lookout for delicious food at great prices.

Advice from the experts:
Meg Victorino, chef and owner of home-based Italian desserts brand La Picolla Chef, says that you should be able to separate the expenses of your business with the expenses of your household. “You might think you are earning a lot but you could already be using the resources of the house,” says Victorino. You must learn how to maximize common resources like electricity. She also advises to choose a way to differentiate your product from the competition. “Don’t offer the same products that all homebakers sell,” Victorio says, “and scout for good suppliers so that you get value for money.”

Get started:
If you already have the equipment, capital can be as low as P1,000 for ingredients and packaging. Set aside about P2,000 to P3,000 for rent if you plan on joining bazaars or food fairs. You can also market your food business via Facebook, Multiply and Twitter.

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