Setting up a Corporation: The How, What, and Why

If you are thinking of starting a business venture with a group of people, or you are thinking of upgrading your sole proprietorship into a corporation to reduce risks, setting up a corporation is the right move for you. Though it will take more legal documents to set up your corporation, this will protect your… Continue reading Setting up a Corporation: The How, What, and Why

How to Register for Sole Proprietorship in the Philippines

If you have an excellent business idea that you can’t wait to bring to life, one of the easiest ways to set up your venture is through a sole proprietorship. This is the simplest business model that doesn’t need much paperwork. The registrations process for the licenses will also not break the bank. Let’s get… Continue reading How to Register for Sole Proprietorship in the Philippines

The No. 1 Reason Why New Businesses Fail

Sadly, studies indicated 8 out of 10 businesses close shop. A lot wonder why small businesses fail! It would certainly be disheartening if you belong to this dismal statistic. After spending so many valuable resources, the last thing you want to do is cease operations. Financial Mismanagement and Cash Flow Concerns If you want to… Continue reading The No. 1 Reason Why New Businesses Fail

3 Questions Smart Entrepreneurs Ask Before Starting a Business

Though there is no surefire way of setting up a successful company, you minimize risks when you evaluate your business plans. Here are the top three questions that smart entrepreneurs ask before starting a business: 1. Who are my fiercest competitors? As the saying goes, keep your friends close but your enemies closer. When it… Continue reading 3 Questions Smart Entrepreneurs Ask Before Starting a Business

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