Tubong-Lugaw
October 4, 2009“Tubong-lugaw ” is a Filipino entrepreneurship term for “small capital, large return” investments. “Tubo” means profit, “lugaw” means porridge. It derived from a very popular street food business “lugawan” which serve people who are looking for cheaper food that’s fit their limited budget. One serving of lugawan before ranges from P5.00 to P10.00 per bowl, currently, it runs from P15.00 to P25.00 for special serving . According to the vendors, profit is really good for this business. From your initial capital that is less than a thousand pesos the return is triple or five folds. And it also important to have a regular supplier of your resourses so you can ask a discount. Resources fortunately for this venture are available locally which made this business easy to acquire.
Some of the “tubong-lugaw” businessess are camote(sweet potato) fries , boiled banana, sweet corn, fried peanuts and many others. And all of this are locally available on streets all over the Philippines.
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