In case you consider entrepreneurship as a good career option after

graduation, here is the list of the most common businesses in the

Philippines.

1.3 Most Popular Pandemic Startup Businesses

The Covid-19 pandemic has claimed many small businesses and closed them down
for good. It has also created opportunities for bold entrepreneurs to strike out and capitalize
on unknown territories.
With startups on the rise, what type of businesses are proving the most popular to
start during the pandemic?
Accommodation and food services are among the favorite business types to start
right now. As is a retail trade and arts, entertainment, and recreation. But here’s the list of
the Businesses That Are Booming in Covid-19 Pandemic according to Souvik, 2020.
1. Medicine and Pharmacy Stores
During the pandemic, when the world was under complete lockdown, the
pharmaceutical business played an essential role. In many countries like India medical
stores were allowed to open during the lockdown as a part of essential services, so that
patients who have minor or major health issues can get medicines on time. Medicine
delivery services were also available so that people quarantining themselves can order
medicines by either calling on toll-free numbers or through apps. Hence, the pharmacy
business had a major contribution to fighting against novel coronavirus.
2. Grocery Stores or the “Classic” Sari-sari store
Another business that bloomed during the pandemic was the grocery business. Due to
restrictions and social distancing all the restaurants and eateries were shut down
throughout the world, the only option left was to purchase groceries and cook for yourself
and your family. This led to increasing demand for large and small grocery shops as well as
vegetables and fruit vendors.
People could buy those products not only from the local shops and wall-mart stores but
they could also order kinds of stuff of daily use from various mobile apps who promise to
deliver top-quality products the next day of placing the order. Businesses of local vendors
as well as online grocers have witnessed a trend defining growth.
3. Online Retailing
The crisis around the world due to Covid-19 has changed the shopping behavior of the
consumers. People no more want to go brick and mortar outlets for purchasing goods; they
prefer to purchase items online through e-commerce apps. These apps fascinate and attract
people through various offers like easy returns, free delivery, online payments, extra
discounts, and so on, hence booming the business of the e-commerce sector throughout the
entire world.
Starting your first online business in the country is very easy. You must be able to identify
your target market, find out about which product you are going to sell, create a business
plan, determine profitability, and look for suppliers. Of course, the list will also include
setting up your finances and building a website.
4. Franchising
Franchising refers to a contract between two parties, the company and the individual,
given the rights and the privileges to promote products under the trademark of the business.
You can earn in these types of business especially if you invest in the Philippines, with
projected returns at around 15 percent. However, it will depend on how much you will
invest.
 It is also important to choose the best franchise company to work with. There is less risk
investing in this type of business because you do not have to build a brand and a market
since they are already prepared for you.
Enjoy perks that include working on an established brand, having a good business model
foundation, training support, pre-launching assistance, great location, marketing support,
and faster return on investment.
5. Food cart business
It does not have to be named after a huge company. Aside from franchising businesses,
among the new business opportunities in the Philippines would be the food cart business.
A booth can sell dumplings, burgers, fries, coffee, snacks, and even full meals and other
food on sticks. It is a good strategy since they are more affordable compared to visiting fast
food chains or ordering from a casual dining restaurant. Among the market include students
and professionals working in business districts. You can find several of these lined up in
Makati City, Ortigas, and Quezon City, three of the largest commercial urban spaces in the
Philippines.
6. Educational Technology
Due to the widespread of the novel coronavirus, schools and colleges were shutdowns
worldwide, and in such times the educational technology industry came as a savior for
teachers, students, and their parents. Schools and colleges worldwide took classes through
apps like Zoom, Microsoft Teams, Google Meet, etc. Teachers had to change their traditional
teaching methods and adapt interactive and innovative teaching methods.
Many other applications like Byju’s, Vedantu, White Hatt Jr, Unacademy, etc. gained
popularity in countries like India, these revolutionizing education apps earned a
tremendous amount of profit during the pandemic.
7.Fitness and Wellness Apps
Gyms and fitness centers worldwide had to shut down their doors during the
outbreak of the novel coronavirus. Health and fitness industry found digital platforms as a
blessing in disguise. Due to the closure of gyms, and people being captured inside the four
walls of their houses, the industry has created many fitness and wellness apps that allow
individuals to stay fit and healthy from the comfort of their houses.
From yoga and meditation apps to personalized video workout and run and walk
coaching, some apps help you maintain your healthy diet and prepare a personalized food
chart for you. Hence fitness and wellness apps had a huge number of downloads during the
pandemic and have earned a fair amount of profits.

8. Online Gaming
Online gaming has helped people to stay engaged and feel positive. Due to the
outbreak of pandemic when the whole world was forced to survive for months inside the
four walls of their house, online gaming came had come to rescue to decrease the boredom
of people. The gaming industry has faced a major boost in its operations due to millions of
downloads and gamers had innumerable options to choose from.
The time people spend on online gaming has increased during the lockdown period
as compared to pre-lockdown. People who were isolated felt less depressed by playing
games online. New trends such as AR and VR gaming also gave a thrilling and captivating
experience to gamers. There is a huge scope of growth in this business post-pandemic due
to mobile gaming and deeper internet penetration.
 9.Healthcare Consultation
In the era of Covid-19 when people are in isolation and not allowed to go outside or
elderly people who are at higher risk during such times, for the convenience of such people,
many telehealth companies have made apps that allow patients to consult doctors through
their computers or mobile phones. It is no surprise that medical technology has observed a
huge gush in their business.
Telemedicine is another branch of medical technology that has emerged as a savior
of the lives of many patients, enabling them to consult virtually with doctors or therapists.
It has made a huge contribution to healthcare services during the pandemic; many hospitals
worldwide have adopted telehealth services during the pandemic.
10.Business Producing Masks and Hand Sanitizers
Wearing masks, sanitizing, and washing hands with soap or hand wash are some key
measures to suppress the transmission of the virus and save lives. Due to the
recommendation of doctors and WHO demand for such products has readily increased in
the market. So many new companies and business firms have found an opportunity in the
middle of difficulties and have set up factories for the manufacture of masks, sanitizers,
hand washes, PPE kits, face shields, and other types of equipment that may help in
preventing the spread of the virus and have earned a huge amount of profits during the
pandemic.