By legal definition, small businesses are privately owned entities and operated by small number of individuals with relatively low volume of sales. It could be a corporation, a partnership or a sole propertorship. In the Philippines, small businesses thrive everywhere: from small sari-sari store (convenience store type), bakeries, beauty parlors, dressmakers , food stands, etc. […]
Business consultancy in the Philippines
You have accumulated experience and a good network in your industry and has been long time dreaming of working at the comfort of your home and be your own boss. Well, then start a consultancy business and discover how rewarding this career option for you! In fact, consultancy is one of the hottest trends in […]
Franchising 101
By definition, Franchising is the practice of using another firm’s successful business model. It is an anglo-French derivation of the franc- meaning free. For the franchisor, the franchise is an alternative to building ‘chain stores’ to distribute goods and avoid investment and liability over a chain. The franchisor’s success is the success of the franchisees. […]
Business Ideas in the Philippines
“An idea that is developed and put into action is more important than an idea that exists only as an idea.” -Buddha Small businesses has always been the backbone of Philippines economy. If you’re interested in starting your own business or If you already run a business or you want to buy into a proven […]
Food Business in the Philippines
Despite Philippines dwindling economy the food industry manage to keep afloat and even manifested a remarkable growth. Blame it on Filipinos love for food. Food is the basis of their social life; they eat three meals a day and two snacks in between. So if you are thinking of engaging in a food business in […]
Procedure Putting up a business in the Philippines
Should I start my own business? Have you ever asked yourself this question before? It may not be surprising that nowadays there are growing number of Filipinos interested in starting up their own business. More and more people are leaving their 8 to 5 hour routinary work in exchange for the adventure of starting their […]
Doing Business in the Philippines
More and more Filipinos and foreigners alike are showing great interest in engaging in their own businesses in the Philippines as manifested in the growing numbers of local and foreign companies established every year. The Philippines with its’ strategic location in Asia, its’ good foreign relation abroad and where english is widely spoken makes this […]