Business Ideas

Banana Cue Business Plan

When I was young, I helped my mom peddling banana-cue in our community. As I have mentioned in my article Coconut Farm Business, we were living on a farm under the vastness of coconut trees. We were intercropping the coconuts with bananas. And we used our produce to make banana-cue.

Banana-cue is the term used to call fried skewered plantains cooked with brown sugar. It’s one of Filipinos’ favorite snacks.

Location

Starting up your banana-cue business is so easy. It requires small capital, and you can just operate from your home. You can prepare and cook it at home, then sell it at your front yards or sell from door to door in your neighborhood.

If you are living in a city or any urban area, a banana-cue stall in the public market (palengke) near the school or any public places can be a very profitable business. Stall rentals can be an additional cost, but if the foot traffic is considerable, then it’s worth the price.

Profitability

My mom used to sell 50 to 100 sticks a day. She was doing it from Monday to Friday when the school was open. And if there are still plenty of ripe bananas, she would cook even on Saturdays and Sundays. For 10 years, our banana-cue business was one of the primary sources of income that sustained our family. It helped send my 4 siblings and me to school. The business stopped when we migrated to Manila.

I saw a banana cue stall in Divisoria that has been open and been selling this favorite snack for years. The booth was always full of customers. This means that this business can become the primary income source if appropriately managed.

Recipe

The recipe is straightforward. And the ingredients are just 3: banana (saba), sugar, and cooking oil. You need bamboo skewers for easy distribution. My mom was very clever to use as skewers the midribs of buri palm, which was widely available on our farm. Click the link for the banana-cue recipe.

Pricing

The price depends upon your location. In Metro Manila, the price per skewer ranges from P10 – P15. In the provinces, it can only be P2 – P5. You can always limit the quantity of banana per skewer to adjust the price accordingly. The competition will also a factor dictating your product’s price.

Camote Cue & Turon

Alternatively, you can also sell camote cue and turon to give your customers a variety of options. My mom used to sell both camote cue and banana cue. We didn’t try turon as it has more ingredients and is time-consuming to prepare. Click the links for the camote-cue and turon recipes.

Disclaimer

EarnPeso holds no control over your financial fate. It is here as a guide. Exercise prudence in every investment or business you undertake, and success will follow.

I hope this article encourages you to start your own business/investment. Click the links for Business Ideas and Investment Options for more insightful essays.

Chat with me

I have ventured into an e-commerce business (online selling) that you might also be interested in setting up. You can visit our website at colibers.com, where you can have a chat with me (just select Contact Us), and I will be more than willing to entertain your questions regarding this post and e-commerce.

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