Weighing the ‘Pros’ and ‘Cons’ for Starting Foreign Companies UNLIKE in 2019, foreign companies wanting to start business in the Philippines are in the best position to do so, amid national government policies, enacted laws, and legislative measures seen to favor investments. On top of the business-friendly laws in place, recent developments have opened a…
How BIR Form 2303 Can Help You Earn More and Avoid Legal Hiccups Beyond capital, knowledge, and perseverance, setting up businesses requires recognition so aspiring entrepreneurs can build a network and grow their operations and profits in the long run. This can be done by registering a business venture legally through submission of BIR Form…
Before You Set Up That Partnership, Check These Financial Metrics When starting a partnership, or any type of business for that matter, one should be familiar with different financial metrics. These show both the owners and investors the current state of the business. Is it profitable? How is it managing its debt levels? Can it…
Why You Should (or Should Not) be Buying an Existing Business Building a Business from the ground up is quite a challenging feat. It requires more than just capital because venturing into a new business will consume a lot of your time and energy. But for those who are finding a quicker path to Entrepreneurship,…
Maintaining and Strengthening Customer Relationships During COVID-19 The coronavirus disease 2019 (COVID-19) pandemic has wreaked havoc across the world, has disrupted our daily lives, and has forced us to a new normal. And the business sector is not exempted from this. The pandemic threw a monkey wrench to the already established business plans for the…
Guide: How to Protect Your Hotel Business during COVID-19 The effect of COVID-19 is being felt around the world and in different sectors of business. The school can’t go face-to-face, the mass gathering is prohibited, business related to concerts and going to the clubs are not allowed, and many countries are either still closed or…
Starting a Company in the Philippines: How to Find Business Ideas Perfectly You can’t be an entrepreneur if you don’t know how to find business ideas. After all, the ideas that have monetary value are the ones that will keep your business running. You might ask, especially those who are just planning to start a…
Everything You Need to Know About Drafting a Board Resolution in the Philippines For starters, even thinking about drafting a board resolution can be overwhelming. The truth is if you know the components of a board resolution, writing them is easy. Before you start, it helps to understand more about why they are written. Once…
6 Agribusiness Ideas in the Philippines You Can Base Your Business On Agribusiness ideas always have had great potential in the Philippines. During the term of President Ferdinand Marcos (1965-1986), the Philippines was known to the world for excellence in Agriculture and Agribusiness. Neighboring Asian Countries would go to the country to study and master…
Discussing the Business Management Roles of a Company Secretary Unlike before, company secretaries now have business management roles because their job description is more complex than the typical assistants. Aside from performing tasks like taking minutes, scheduling meetings, and other secretarial work, they have a more complex role in the company. Their role has evolved…
