4 Conceptual Tips on Balancing Your Accounting Books Business owners of starting companies handle so many duties all at once. For some who are also starting small, they usually hire minimum staff. Therefore all the operations management duties and bookkeeping fall on their shoulders. Further, it is extra problematic if they don’t get to balance…
A Step by Step Guide on Building a Startup Team in the Philippines There’s a systematic way of starting your business in the Philippines. These are called Phases and each phase has some steps to it. The Building of a Startup Team is shown in different Phases. You’ll learn more about them as you continue…
Business Guide: Top Industries in the Philippines for Foreign Investors in 2020 The Philippines is rich in human and natural resources. Furthermore, the country is positioned strategically in the Southeast Asian Region, where you can reach other Southeast Asian Countries in a matter of 2 hours. Direct flights are offered as well to other continents…
Seven Best Tips in Managing Cash Flow for Your Startup A business’s invaluable asset is cash. When there’s no sufficient flow of this liquid asset, how can a business pay for expenditures, buy supplies, or continue operations? Unknown to many, an unstable or problematic cash flow management is one of the most reasons why businesses…
Understanding Various Financial Risks and Managing It There are a lot of uncertainties one can experience when starting up a business. An entrepreneur must understand these uncertainties so that he can anticipate or formulate a strategy. These strategies shall prevent such concerns that threaten the sustainability and the profitability of the business. Financial risks are…
Ready for Entrepreneurship: Identifying the Top Cities to Start a Business in the Philippines There are a lot of factors riding in a business’s success. From the products/services you provide up to the location of your physical store, you always have to pick out the best ones to ensure profitability. Speaking of business success, are…
How to Build Your Company During a Pandemic In an ordinary course of a business, it is only natural that an entrepreneur thinks about their capital recovery period. Business analysts would say that it would take an average of six months to two years for a company to have its initial capital and investment return.…
Understanding the Changes in the Corporation Code President Rodrigo R. Duterte signed into law the amendments in Section 11 of the Revised Corporation Code of the Philippines. Last February 20, the changes stated that instead of corporations having a 50-year limit, it can now operate forever. Thus, perpetuity in the Philippine corporations is now allowed…
These Are the Filipino Traits Foreign Startups Can Apply to Grow There are some Filipino Traits Foreign Startups Can Apply for the smooth operation of their business. These traits, when observed, will make the performance of their employees better and stronger and eventually, will impact the company. Are you curious to know these Filipino Traits?…
Understanding the Differences Between Accounting and Bookkeeping Books and articles associate the terms accounting and bookkeeping together most of the time. Why? It’s because they refer to the same field of work. These are two key elements in business operations. The two are very similar. Accountants and bookkeepers often work beside the other. Together, they…
