Overseas Filipino Workers (OFW) are our unsung heroes. They sacrifice themselves and work abroad just to give their family a better life. To lighten the burden that they are carrying, one of the things that their family can do is to start a small business with the money that their OFW relative is sending.
Here are some examples of businesses that family members in the Philippines can start:
- Sari-sari store
If the family members live in a place where they can put up a small store, they can start with a few stocks and eventually expand as they get more sales.
- Load central
What you need here is a sim that will be able to send load to other phones. These can be bought in any store that sells regular sim cards.
- Water refilling station
Putting up a water refilling station is a low startup business choice for OFWs, if possible, the family can also add a laundry shop along with the water station.
- Carinderia
If anybody from the family loves to cook, why not share that to the community. Start a small eatery with the money that the OFW is sending.
- Online selling
For a small capital, the family can buy goods from suppliers and Divisoria and start selling them with markup online. You just need a Facebook page, a group or even just post on the Facebook marketplace.
Starting a business is not necessarily expensive. These are some examples of businesses that you can start with a small capital. The money that can be earned from these small business can be a great help in lightening the burden of any OFW that is working abroad.
Start investing the money where you can have returns. This will help you make the money go around as you earn more and save more.