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News and Events

In Which Regions and Cities Do Food and Accommodation Businesses Earn the Most?

Average gross profit per establishment ranges from Php1.5 million to Php15 million

Food and accommodation establishments in the Philippines earned an average gross profit (income less expenses) of Php9.6 million in 2015, according to the Philippine Statistics Authority (PSA).But restaurant, bar and hotel owners as well as caterers in Metro Manila earn more compared ...

by Pauline Macaraeg  | September 05, 2017 10:00:00
News and Events

How Much Money are Restaurants, Bars and Caterers Making on Average?

Before putting one up, take a look at the latest numbers from the Philippine Statistics Authority

Each year, the Philippine Statistics Authority (PSA) conducts the Annual Survey of Philippine Business and Industry (ASPBI), which gathers data on close to 40,000 formal business establishments that employ at least 10 workers in the country. The latest survey, which includes 18 ...

by Pauline Macaraeg  | August 24, 2017 04:00:00
Business Ideas

What you need to know before starting a catering business

Take advantage of social and business events providing numerous catering opportunities

Does working hard in the kitchen while everyone else is eating, drinking and socializing in the living room sound like your idea of a good time? If your goal is to be in the catering business, the answer should be an emphatic yes.A ...

by Entrepreneur US Staff  | November 19, 2016 09:00:00
Startup Tips

Success secrets from Papa John

Meet the entrepreneur behind a billion-dollar business who started out as a dishwasher.

PAPA JOHN. John Schnatter started Papa John’s Pizza in 1984 with only $1,600 worth of used restaurant equipment. Photo courtesy of Papa John's Entrepreneurs make plenty of mistakes, particularly when first starting out. John Schnatter is no exception, although he learned at least one ...

by Catherine Clifford  | March 02, 2016 09:00:00
Startup Tips

Celebrity chef shares the sweet life with fellow 'probinsyanos'

This Oroquieta native is using his fame as a celebrity chef to improve the skills of his town mates.

At 29, Chef Hasset Go knows he has achieved a level of success few at his age have reached. But it all came from scratch.In his hometown of Oroquieta City in Misamis Occidental in northern Mindanao, life was fraught with challenges. His ...

by Lolita Villa and Lolita Villa  | May 12, 2015 12:00:00
Business Ideas

Home-based business idea: How to cook kwek-kwek

One of the most popular types of street food across the country is comprised of quail eggs with unique and tasty coating. If you want to learn how to cook kwek-kwek for the home-based food cart you are planning to put up, here's how.

Kwek-kwek is a favorite Filipino street food snack because it is tasty, affordable and filling. The snack is also a great way to earn extra money since it is easy to make and the ingredients are readily available in local markets. Just ...

by Entrepreneur Staff  | December 04, 2014 01:30:00
Business Ideas

Gone truckin'

Going where your customers are via food trucks requires you to be agile and flexible in your operations.

As overhead costs go, a food business on wheels isn’t likely to break the bank as a brick-and-mortar restaurant could. Which is probably why more entrepreneurs are taking the food-truck concept for a spin these days.Thanks to reality TV shows like Eat ...

by Entrepreneur Staff  | April 30, 2013 04:00:00
Business Ideas

Food trends at the Bakery Fair 2013

If you are interested in opening your own food startup check out the Bakery Fair 2013.

 The food business is a popular choice for those wanting to earn extra money because it is cheaper to start and there is always a ready market. If you are interested in opening your own food startup, check out the Bakery Fair ...

February 20, 2013 03:00:00

Learning from experience: Sweet Corner

By cutting the supply chain, this business is able to pass on its savings to its suppliers.

Cutting out the middleman has always been about getting things cheaper. But this couple shows how cutting out the middleman becomes good for everyone’s business, not just theirs.Voltaire Magpayo, 41, and Cholly Magpayo, 36 own the SWEET CORNer food cart franchise. The ...

January 21, 2013 02:00:00
Business Ideas

The small chef scores big

Italian food is more than pizza and pasta.

There are specific items that immediately come to mind when it comes to international cuisine. For example, when someone says he or she craves Japanese food, we automatically think of sushi, sashimi, ramen, tonkatsu and tempura. The most commonly known Spanish food ...

by KC Calpo  | December 04, 2012 02:00:00
Startup Tips

Taking on the giants

How can small businesses still thrive when the big boys set up shop? One entrepreneur shares how.

Within the past year, SM and Ayala—two of the country’s biggest retail operators and developers—have placed their stakes in Olongapo City and the Subic Bay Freeport Zone in Zambales. A huge number of businesses and big crowds are flocking to SM Olongapo ...

by Alex Grant  | November 26, 2012 01:00:00

Korean Franchise: Sariwon

If you listen to Diana Tan and her younger sister Donna you’d think it wasn’t hard to bring Sariwon, acclaimed as one of South Korea’s best Korean restaurants, to the Philippines via franchising. Of course, the whole process was not easy, but ...

by Jimbo Owen Gulle  | November 23, 2012 01:00:00
Business Ideas

Going Gourmet: Mr. Suahe Gourmet Shrimp

Find out more about Mr. Suahe Gourmet Shrimp, one of the finalists for The Next Big Food Entrepreneur.

Many spend their college years preoccupied with classes, exams, and papers; and spending as much of their free time as possible with friends. Then there are others who have a different mindset: they choose to get a head start and put up ...

by KC Calpo  | November 22, 2012 05:00:00