Is Putting Up A Business In The Philippines Better Investment Option?

Where to put hard-earned or extra money with higher returns is the biggest concern in investing. And putting up a business in the Philippines in these tough times is a challenge. What business to set up involves answering one important question...

What business idea will give you profit?

Business ideas abound. To help you decide, list down ideas as they come to you. Do not try to exclude ideas at this stage because you may never know its potential for success. Consider online/internet business ideas as well.

Profitability depends on demand and supply. Demand is the desire of people to possess or make use of your product or service while supply is the amount of competition your business idea may face.

You can determine a "fair" return based on demand and supply. But the success of putting up a business in the Philippines depends on your passion and interest to what you will be doing. Will you enjoy running your chosen business? Do you have what it takes to manage it?

Franchising may be the answer. A high income generating business in the Philippines maybe under franchising. Ask around. Visit several franchisers of the same product or service. The best franchise for your business may be just under your nose.

Or take another option...

Take part in pooled funds and gain from professional management of financial experts. This takes away the worries attached to managing your own portfolio. Experts do all the things for you as a client.

One such pooled fund is in variable universal life insurance. This is an investment-linked product that combines the benefits of investment, savings, and life insurance protection. This plan provides not only optimum protection, but also maximum return potential.

Variable universal life insurance is a type of product in which a portion of the premium is invested in various funds. In the Philippines, the common funds are Bond Fund, Equity Fund, Stable or Balanced Fund and US Dollar Bond Fund. Click here to learn more about variable universal life insurance.

This product is great for those who have acquired wealth - asset builders, tired of time deposits, Overseas Filipino Workers (OFWs), uninsurable individuals, wealthy grandparents. This is also good for young persons who want to save for their retirement or education of their children.

You get the life insurance protection and enjoy all the benefits of the investment returns. You do not have to worry about managing your investment, unlike putting up a business in the Philippines...

I hope that answered the question.


Make sure you don't miss any posts from All About Life Insurance. Subscribe to my life insurance blog without giving your e-mail address and I'll try my best to inform you of other financial planning topics as well.