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In developing nations like the Philippines, MSMEs make up a significant portion of industrial production. One of the factors contributing to economic expansion is the MSME sector, which is thought to offer significant employment opportunities. In fact, in numerous developed and developing nations around the world, the micro small and
In developing nations like the Philippines, MSMEs make up a significant portion of industrial production. One of the factors contributing to economic expansion is the
Change is inevitable in business, but it does not mean change is any less daunting when you have to do it. When you have invested
The One Person Corporation (OPC) is one of the most significant provisions included in the Revised Corporation Code. For those who are considering opening their
Moving to a new location because your business is getting bigger must also be reflected on paper. Seek business registration services from an accounting firm.
The restaurant industry is a great business venture for foodies to get started on. However, while it is a great way to pursue one’s passion
When you’re not classified as an employee, do you choose to register as an independent professional or sole proprietor? Seek help from an accounting firm.
As a business owner or manager, one of your key roles is maximizing business assets and resources to increase and reach optimal revenue. Staying lucrative
Every business’ success hinges on the proper financial management of all its accounts, assets, liabilities, and equity. As a business owner, it is vital to
With its growing economy, a wealth of natural resources, and robust labor resources, the Philippines has become one of the places to BE in the
The pandemic brought on a lot of losses for enterprises, but at the same time, there is also a silver lining in lessons learned from the experience.
In this article, understand what are the benefits of the SSS program, find out how you can apply for a number, and learn how to pay your contributions online
Check out the eight crucial steps you need to follow in order to carry out the proper temporary closing of your business.
Running a business is often painted out to be easy-breezy, but, it is a mean undertaking, especially amid today’s ever evolving business landscape. Apart from
Stay on top of your business games by making sure your company stays compliant with employment laws and regulations to avoid legal repercussions
While filing taxes can be a breeze for Filipinos, it is slightly more difficult for expatriates. There are numerous things to consider. Check them out here.
Here are 10 factors you need to consider on whether to outsource business processes. Perform a situational analysis to make a sound decision you won’t regret.
Any foreign corporation that seeks to establish its business presence in the Philippines must first decide a mode in which to do so.
Many management gurus have openly discussed the 10/90 principle when it comes to managing staff in your business. This principle essentially describes management functions as
In recent years, the Philippine government has made tremendous efforts to improve the country’s business and investment climate. In addition to the recent policies and
Invest in one of Asia’s rising tigers & explore opportunities. Here is a list of the top 5 incentives granted to foreign investors in the Philippines.
As an SME, it is easy to overlook changes you need to perform to support growth. With that in mind, here are 7 areas you must address to develop.
Find out everything you must know about increasing price points without alienating clients. These are the top 5 considerations on assessing price hikes.
Accounting and auditing can be time-consuming when you don’t have the right strategies. Find out how to manage your time well when reviewing your finances.
The new law allows individuals to register as one person corporations, offering benefits while decreasing the original five shareholders requirement.
Whenever your company employs more workers, these workers must be registered to the appropriate government agencies. Check out the requirements here.
Foreign nationals can minimize the stress of moving to the Philippines by opening a bank account to lessen hefty finances and transfer charges. Find out here how.
A peso saved is always a peso earned, so if you wish to minimize the amount you pay on tax dues, here are all tax-deductible expenses that you can declare.
The right budgeting strategies have the power to make or break your business, so take careful consideration when crafting your plans.
Curious as to why hiring a CPA is vital for your business? Accounting concerns will most likely can be quite burdensome without the proper guidance. This is where a CPA can come in handy.
It would be best if you got your business finances in order so you can see sustained growth and longevity. Good financial operations management is vital to your company’s financial health if you want it to survive and thrive.
Take a Peek at These Signs to Assure Survival
6 Tell-Tale Indicators Showing You’re Ready for Business Expansion
Rapid Business Growth Can Be a Pitfall If You Are Not Ready
If you often confuse sales invoices with official receipts, you are not alone. Many business owners still conflate and confuse the two. As you know,
When it comes to making sure your small business grows, the best tool is “show me the money”! After all, your success lies within your
All customers are prone to falling behind on bills and payments. As a business owner, this is a possibility that you may have to accept,
Does experiencing cash flow issues and seasonal sales declines mean your company is on the brink of collapse? Unfortunately, failure to act on these problems
You need to learn two important things to run a business effectively: Cash Flow and Profitability. Businesses need to properly manage cash flow as
The payroll is one of the most important, though under-appreciated, functions within an organization. Salary fees make up a large percent of your business expenses.
Let’s be real, businesses require resources, sometimes a lot, in order to operate. One of the major headaches of many entrepreneurs is effective cost management.
If you are like other CEOs and business owners, you want your business to be there for the long haul. With the amount of time, money, and effort you’ve invested, you don’t even want to imagine it folding or closing for good. To help you out, we shall reveal the biggest business secret for you. Take note: “longevity is bred from resilience!
Even if you’re a small to medium business, there are still a few techniques that you can use to manage cash flow during COVID-19 and
Fortunately, the following tips can help you manage your remote team: Define Clear KPIs As the pandemic forced employees who used to go to office-based
Here are 7 accounting tips to help you manage your books: 1. Get to know your cash flow Most accounting tips for entrepreneurs cite getting
