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5 PR Techniques for Small Businesses

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PR For Small Business

Cultivate A Good Public Image

Getting publicity is one of the most effective marketing tools you can take advantage to get the word out about your business. However, not all entrepreneurs have the talent or the knowledge of how to use it properly.

Think of this article as PR 101 for Small Businesses. Here are some practical ideas you can use right away — even cheaply – and make the most out of publicity stints.

1. Sweet Talk Your Way To Your Costumers. Media tools are often read or heard of and they are effective that way. Words and “sweet talk” can still set you apart from your competitors. Keep everything light and polite while not sacrificing quality of content. Hire a good creative writer or team for this.

2. Develop A Positive Press Network. For a small business entrepreneur, the idea that “bad publicity is still publicity” does not apply. It instead causes the consumers to get away from the business as far as possible. One way to gain good publicity instead of bad ones is to have positive relations with the press people. They have gained the trust of the customers and are often asked for advices on what products to choose. Better get on their side to earn a few recommendations here and there.

With the rise of social media and social media influencers, you’re lucky this part doesn’t need to be very costly; more on that later.

3. Your Own Press Release. Get someone who can write and distribute this efficiently. This step makes a great way for any small business to get noticed immediately. A virtual assistant who can write the press release articles and at the same time handle the distribution is very helpful with this PR task. Hire one that knows where it is best to submit your press releases and observe how it can help in gaining more clients and better sales.

4. Social Media Is In. It’s not just a fad, it’s here to stay and you can learn it in no time. Learn the ins and outs of online social media marketing. Nowadays, more people hang out on social networking sites rather than get together for real. This makes it easier to focus on creating catchy adverts intended to be posted on those sites for the people to get noticed. Know what’s trending and focus on the interest of the people to keep their eyes glued to your posts.

5. Interact with customers often. Nothing makes a customer want to come back for more than having a unique personal experience during the business transaction. Making customers feel that they are special — not just another number — will have them looking only for you whenever they need your services.

This PR 101 for Small Business guide intends to help any small- scale entrepreneur gain a share of the limelight. It does not matter how small a business is, as long as it is well advertised and get positive feedback from the media and the consumers, it will have a good chance of succeeding.

Accounting 101: Financial Statements Explained

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Whether you are already running a business or just planning to setup one, it is very important that you have at least a basic knowledge about the fundamentals of Accounting and Recordkeeping.

I don’t mean taking up a formal course in Financial Accounting or Bookkeeping, though it would help. There are a lot of resources available in the Internet and in your local book shops which can get you up to speed in acquiring the basic knowledge of Accounting. What’s best is you can learn this stuff on your own, at your own pace.

Strive to learn up to a point where you understand at least three things:

  • Whether your business is making a profit or not.
  • Why you are making a profit.
  • Which areas of the business are profitable, and which are not.

You don’t have to be an expert with the details, but you should be able to tell the health of your business by looking at the Financial Statements, determine the financial strength of your organization. By understanding the nature of financial statements you can also have an idea as to how well your business is doing with regards to profitability and creditworthiness.

Discussed below are the basic financial statements that any entrepreneur should learn about.

The Balance Sheet

The Balance Sheet gives you a snapshot of the financial condition of the business. It lists the company’s Assets, Liabilities, and Equity. Assets refer to the current resources that keep the company running. Liabilities are the debts of the company. And Equity represents how much your company is worth which can be computed by subtracting the Liabilities from the Assets.

There is a famous accounting equation, which is written as:

Assets – Liabilities = Equity

The Accounting Cycle

The Accounting Cycle

As you can see from the equation, if Assets are greater than Liabilities the resulting value of the Equity is positive. If that value is negative, the business is in trouble, financially.

Income Statement

Sometimes referred to as the Profit and Loss Statement, this report provides a summary of Income and Expenses of company during a given period (month, quarter or year). This will show the creditworthiness and profitability standing of the business. It demonstrates whether the business earned a profit (earning more than it is spending), or posted a loss.

Cash Flow Statement

In simple terms, a Cash Flow Statement is an accounting of the available cash, plus cash income minus cash disbursements, for a given period. This report helps you track where cash has been used, where and why it is short or in excess. It determines whether the company can meet its obligations or not.

This statement also provides all details pertaining to both inflow and outflow of cash in a specific period. It contains three sections that differ according to the type of activity within the different business transactions: they could be the cash flows from operating activities, investing activities, or with financing activities.

To sum it up: The Balance Sheet gives you value (think: Net Worth) of the business at a specific period in time. The Income Statement gives you the Net Profit of the company. And finally, the Cash Flow Statement provides the details about the incoming and outgoing cash of the company over a period of time.

Recommended Accounting System For Small Business

5 Factors To Consider When Choosing A Business Legal Structure

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One of the crucial decisions you have to make when setting up a business is the choice of the legal structure upon which to base your business.

The term legal structure is sometimes referred to as the “ownership structure” or simply “business structure”.

Here in the Philippines there are basically four options available to you. These are:

  1. Sole Proprietorship. In this setup, you and the business is one the same.
  2. Partnership. This involves an agreement between two or more individual to engage in a business activity.
  3. Corporation. This is an artificial being and a legal entity separate from its members.
  4. Cooperative. This definition is taken in part from the Cooperative Code of the Philippines: “a duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve a lawful common social or economic end…”

Some of you may have already heard of those types business forms, but don’t give it much thought. Each one has each own set of advantages and disadvantages; we have more about that in a separate article.

But right now, the question is: How do you know which legal structure best fits your business?

The following are five important factors you need to consider:

1. Ownership Flexibility and Control

Do you want to go it alone or with several people in a team? How much control do you want to have to influence in the direction of the company? Are you comfortable working with other decision makers?

True or false: Two heads are better than one.

2. Future Needs

Business Legal Sructures In the Philippines

Go Solo or With A Team?

How do you see your business in some future time, say 5 or 10 years? Do you want it to continue operating even when you are already retired? Are you planning to sell it out some time so you can spend more time at the beach, swimming with the dolphins?

How does “100 years in business” sound to you? There are locally based companies in the Philippines that have reached that milestone. It’s quite an achievement for them. Kudos to the founders for thinking long-term in serving the community!

Will you be inviting outside investors to help support the business and share the success with them? Do you see it going public soon and be listed in the Philippine Stock Exchange?

These questions are worth pondering if your business is here for the long haul.

3. Cost of Formation and Recordkeeping

In general, the more complex the legal structure, the more expensive it is to set up and the more time required to administer the business. You have to factor this in during the start-up phase, especially if monetary assets are hard to come by.

4. Legal Liability

How high is the potential of your business to incur liability?

In a sole proprietorship, you are also personally liable for whatever liabilities incurred by the business. That’s very scary if something really goes wrong. Naturally, you want to protect yourself against too much exposure to risks and lawsuits as a result of doing the business activity.

5. Tax Implications

You have to look at this in the light of your business goal and your individual situation.

Which business structure has favorable tax advantages? It is wise to avoid taxes, or defer its payment as much as possible. This must not confused with tax evasion.

If this part is really important, and it will be in sooner or later,
you should hire a professional on board who is an expert on Business Taxation in the Philippine setting.

For most people, the choice of business structure is very clear from the start. For others, the questions posted above would take a long time to answer and that’s a good sign that you are not careless in going about it.

There is no right or wrong answer here. Only you can answer those. You be the judge. After all, it’s your own business.

3 Tips On How To Name Your Business

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How do you choose the best name for your business? How important is a business name?

When it comes to business, it is very important to create a good first impression. Not only that, you want to make sure that your customers can remember you – hopefully, not your competitor — and that you are properly positioned in their minds. That’s Branding 101, right?

How do you do it then? How do you choose a business name that you can be happy with and be your long-term brand? We will give you some business name tips or ideas.

Tip #1: Start With Your Name

If you are a well-known expert in your field, or you are an authority figure on a very specific topic, you can actually leverage on that by naming your business after – what else? – your very own name.

People do it all the time, especially for service-oriented businesses like Accounting and Law Firms. You don’t even have to be a Donald Trump to do it. Having a good public image is a big plus factor, of course.

Locally here in the Philippines, we have the following as good examples:

  • Belo Medical by Dr Vicky Belo. And who doesn’t know her?
  • JG Summit, that’s the holding company of the entire conglomerate which was started by John Gokongwei, Jr.
  • Ayala Corporation. Sounds familiar? That’s the holding company of one of the largest groups of businesses in the Philippines.

How about you? Can you come up with a creative business name out of your name or in combination with those of your partners?

Tip #2: The Nature Of Your Business

Business Name Tips

Business Name Game

Can your prospects tell what your business is all about just be the name of your company?

If your name leaves them guessing, chances are good that they may pass you up for your competitor — or worst, simply ignore you. As a small business, you can’t afford this kind of mistake.

Come up with a business name that spells out clearly the nature of your business or your product lines.

Which of these is better: AP Bookkeeping or AP Ventures? Obviously, it’s the former. The latter should be reserved to your holding company, which doesn’t directly deal with the end consumers. That’s when you are already big.

Tip #3: Make It Sticky

We’re talking about name recall here. To be sticky, your name must meet the following criteria:

  • It must be easy to read or dictate over the phone.
  • It must be easy to write or spell.
  • It leaves an impression on the one reading it or hearing it.

You have quite a wide range of choices for your business name. You also have the time in the world to decide. Take your time to determine the best name for your business. Brainstorm, if necessary. Confer with friends; test the name in the market, and make sure that it is legally available for you to use. Choose wisely as this name will carry the company brand for as long as you want to stay in business.

Business Planning 101

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“What? Me, write a business plan?”

This is a very common attitude among business owners. They would rather be out there in the field, doing some real actions. They are too busy running the business, striking deals, or cashing the check.

But, is it really important? Like me, you’ve probably heard of stories about successful businesses whose business plans were written on a napkin. Could it be that the founders of those companies have some sort of “visual plans” held inside their heads? I wonder.

To answer that question, I’ve done an Amazon Search using the keyword “business plan” and the search resulted to 90,000 plus book title entries.

Hmm… There must be something to it that is of value to your business. Let’s discuss the basics of business planning in this article.

The 7 Uses of A Business Plan

Here are the most common reasons why entrepreneurs come up with a business plan, whether during the startup phase or soon after it is already operational.

  1. It sets business goals and milestones and program your activities in advance.
  2. It evaluates risks to minimize costly mistakes.
  3. It assigns tasks to people and departments.
  4. It defines a new business.
  5. It reviews the direction of an existing business.
  6. To determine the financial requirements of a business
  7. To support a loan application.

There could be other uses or reasons for coming up with a business plan. For some, the need to apply for a business loan is reason enough to craft a plan. 🙂

If you are already convinced about the importance of business planning, the succeeding paragraphs below will show you how to create one.

Important Components of A Business Plan

Business Planning Cycle

Business Planning Should Be An On-Going Cycle

To help you make your own business plan, here is a list of its major components that you need to include:

The Executive Summary: This is considered to be the most important part of the business plan since it provides a concise overview of the entire contents of the plan. You can put here the following:

  • Business Objectives, which include sales and profit objectives.
  • Vision and Mission Statement
  • Keys to Success

Organization Plan: Choosing people to be in the business is very crucial. You have to place the right people on their proper positions. Cite the hiring process and establish the qualifications needed to get the job. This step will make sure that everyone will work with the same objectives as you do and that the company goals will be met.

Sales And Marketing Plan: Without buying customers, your business will be dead. This part is your battle plan to keep your business alive. Included here are your sales and marketing strategies, which intend to acquire new customers or have the existing ones keep coming back to you. Hopefully will be an on-going process.

Recommended Product: If you love Marketing — and you should — you’ll love this piece of software too: Palo Alto’s Marketing Plan Pro, Powered by Duct Tape Marketing.

Product and Service Lines: What do you have to offer to your customers? Here you have to emphasize how your customers can benefit from your products and services. Sounds simple enough?

Financial Plan: With any business plans, you need to determine your financial sources. This is true whether it is for a new venture or for an expansion program. Point out how much money you need to start and keep the business running.

Business Planning Tools

Spreadsheet — If you are a Windows user, that means the good old Excel, which is probably your most favorite tool among the suite of applications from MS Office.

Business Plan Software — There’s a lot of them in the market and you can find one by going to Amazon and typing “business plan software”. We highly recommend the one created by Palo Alto Software called Business Plan Pro currently in version 12.

6 Tips On Starting A Part-Time Business

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Considering the danger of financial complications when starting your business, it is not surprising that many successful ventures started as part-time. Most entrepreneurs held on to their salaried jobs until they could see their start-up ventures getting off the ground. Part-time business brings with it the chance to augment the family income while enjoying a rewarding but flexible career for work from home parents.

Nonetheless, managing a part-time business has challenges of its own. At the very least, you must learn to juggle the demands of entrepreneurship to what is expected of part-time business owners.

Hence, if you wish to start a part-time business, maybe as freelancer, with the goal of making it long-term up to the point of going full-time, you need to come up with a strategy for your part-time business. Here are six tips in going about it:

Tip #1: What Do You Mean By Define Part-Time?

Most part-time businesses can balloon into full-time occupations in no time. This is because business owners fail to properly project the scope of investment needed in starting and running a part-time business.

Before anything else, it is necessary to define your goals in relation to your view of success. You need to set the number of hours you intend to spend on your business — include schedule for weekends. Be clear about your expectations, motivations, needs and the extent of work you will put into the venture to make it successful. There is a big difference between a few hours of work at night to working for the entire weekend — hence have an honest to goodness self-assessment.

Tip #2: Set Milestones

Have a clear perspective of goals and key tasks within your control by charting your monthly milestones. These milestones may include steps in business registration, getting your first customer, setting up a website for the business, networking, marketing and so on. After having these milestones charted, step back and plan on how to accomplish all these in terms of working hours, resources, etc.

The process of planning your business may feel daunting. Nevertheless, this plan will be your step by step working guide to help propel your business. Learn to keep your plan manageable and simple by reading more about it.

And after everything you have envisioned this business to be, never underestimate your efforts and hours that will be spent on it. However long it takes, if necessary double it.

Tip #3: Always Remember You Are In Business

Despite your venture being part-time, you are still a business owner. You can read and learn more about steps in starting a business to guide you on business registration, tax requirements, permits, etc. If you have a business running, read more about how to run a home-based business.

Also remember that your day job is always your first priority. It’s the one paying the family bills at this early stage of your business. Having a side business doesn’t have to mean cheating on your employer or burning bridges later on. Who knows, your current employer may become your business partner or client someday?

Tip #4: Get A Mentor

Starting any business on your own can seem overwhelming. Instead of having boss to support and guide you, you can learn from a mentor. He can assess your progress, provide assistance in correcting potential mistakes, and guide you to set realistic goals. You can try finding a mentor from organizations that offer free counseling and mentoring.

Tip #5: Hack Your Life

Google Apps

Google Apps Help You Become Organized at Work and In Business

When you juggle between family or salaried job and part-time business, it is crucial to have discipline.

Technology helps a lot. There are a lot of free software applications and mobile apps that help you organize your schedule, track your business transactions and keep things in order. Familiarize yourself with stuff like Google Apps. If you work in remote teams Trello, Basecamp are highly recommended tools. Even a simple voicemail forwarding service is a lot of help depending on your business.

You can also utilize the help of a virtual assistant. This assistant can help with taking calls on your behalf, manage your calendar, and give that polished touch to your business for a nominal fee.

Tip #6: Learn And Have Fun

Having a part-time business provides you with the joy of pacing your venture in relation to your needs. While doing so, you can learn if you want to have a full time business later on. It is a great training ground to learn and make mistakes with minimal risks. No one will beat you up for incurring mistakes and some failures. What is important is you learn from them and have fun as you journey to become a success in your start-up.

Sources of Capital: How To Fund Your Start-up?

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Any aspiring entrepreneur someday soon has to think about how to fund the start-up. Should you take it from your savings account or borrow money from friends and relatives? How good are you in dealing with the bank to get a business loan? Can you invite outside investors who are confident about you and can trust you with their money?

Finding the necessary funds for business is a full-time job on its own. It is no easy task to do especially when you are in a really tight financial constraint. This article helps you in this regard. Here is a short guide on how to find some sources of capital to fund your business venture:

Use Your Personal Savings

For most people, they come up with an idea and the desire to venture into business because they have earned enough money to spare. This is sort of like this mental self-talk: “I have money in the bank enough to buy a coffee-shop franchise, I think I’ll invest in one. And besides, I love coffee.”

On the other hand, if you are that risk-averse and you want to calculate as much as possible, you can start by determining how much money you have in your cash account. Out of it, how much you are willing to risk for your start-up? This is a very tough decision to make because worse comes to worst, it is your own money that is at stake and it may take a lot of time to gain it back if the business flops.

Borrow From Family and Friends

Imagine this: You are young, with little business experience, lacking in personal financial resources, but so full of enthusiasm. You think you really can make and succeed in your own business. How will you come up with the start-up money for your planned business?

Quick answer: Pester your friends and family to help you fund your business.

For many spoiled kids with a lot of guts, this would be an option. This approach is good if you have loving family and friends who will support you all the way whether financially or emotionally. You need not look for anyone else to get the money you need as long as they can provide for it. Be sure to give it back according to the terms that you promised prior to borrowing the amount.

Get Business Loan From A Bank

The most popular and common source of business capital in the Philippines is bank financing. This is also one of the most difficult sources of funds to get. To be able to borrow from them, you need to make sure that you have a good business plan. It has to be impressive and you have to be believable, too. It advantageous on your part if you have established a good business relationship with the bank in the past. It would also help if you orient yourself about the 5 C’s of Credit: character, capacity, capital, collateral, and conditions. The longer you are as a client, the better. However, if this is a new venture, you should expect them to require you a collateral (usually in the form of real estate title) to secure the loan. Of course, that’s their business. Just be careful about the interest rates and that you really understand what you are doing and whom you are dealing with.

Side Note: The Magna Carta for MSME or RA 9501 of 2008 required that banks in the Philippine allocate least 8% of their total loan portfolio for micro and small enterprises and 2% for medium enterprises.

Other Sources of Capital

The three sources of fund presented above may be the most common, especially here in the Philippines. But times have changed, these days, you have far more options available. You can explore the following:

  • Home Equity Loan — Ask your bank about it.
  • Credit Card — Yes, that plastic money that you keep in your wallet.
  • Venture Capital / Angel Investors — We have some here in the Philippines.
  • Small Business Loans from Government Agencies — visit DTI, and other similar business-oriented agencies

Finding a source of capital is one of the first roadblocks in starting up any business. That is expected as the first steps are always the hardest.

Why Start A Business?

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There are so many reasons why people want to start their own businesses.

Some are very clear about what they wanted to do and how to go about it; others are jumping the business bandwagon just to test the waters.

There are people who simply wanted to have an extra income apart from their day job. Can you relate with this group?

According to William Stolze, an entrepreneur himself and author of the book “Startup: An Entrepreneur’s Guide To Launching and Managing a New Business”, these reasons can be grouped into two broad categories: active reasons and reactive reasons. Active Reasons “are the positives that pull you out”; that is, you want to be in business because you wanted to make a positive contribution. You are being reactive if you want to be in business simply because you are sick and tired of being an employee and all aspects associated with it.

You, too, may have your own set of reasons for wanting to start a company. Whatever it is, the following list should be able to guide you in developing your own reasons, and hopefully, it will be among the Active Reasons, as opposed to the Reactive ones.

Why Start a Business

To Start or Not To Start a Business? That is the Question.

1. Follow Your Bliss. A lot of entrepreneurs consider their businesses as an extension of themselves. They do it to express their passion in life.

2. More Money. The potential to earn more is high. Compared to being a plain employee of another company where the income is usually fixed, in business, there is no ceiling as to how much you can earn. Most businessmen believe that there is actually a direct correlation between your income and the amount of work that you put into your business.

3. Yes, Boss! The good thing about starting up a small business is that no one can dictate you on what you should and not do. All the decisions will come according to what your mind and heart tells you. In the end, no matter how the business will fare, because you were brave and independent, you will always be feel like you’re the captain of the ship.

4. Freedom. Who doesn’t love it? How about taking the time off now and head straight to the beach? Or, how about calling your secretary to reschedule that Manic Monday Meeting, because you feel like watching Lady Gaga on MTV? Isn’t that what freedom is all about?

5. Heal The World. Make it a better place. I bet that sounds like so Michael Jackson, so let’s make it simple: Solve A Problem. Any business is in the business of solving a problem – and the entrepreneur, the ultimate problem solver.

In closing, I think the title of this article is worth pondering. Before you start asking your friends and relatives what kind of business to put up, give yourself enough time to come up with your own personal answer to this question: “Why should I start a business?”

7 Ways To Get Rich in the Philippines

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“If you stay here in the Philippines, you’ll never be rich.”

Those words came from my cousin who is a seaman.

When I was a kid, I was determined to become a seaman. Well-meaning as they truly are, my elder folks back home somehow led me to believe that it’s the only way you can become rich at the cheapest amount of investment in school. And from my observations of my own family and close relatives, it’s not difficult to tell who from among them has fattest wallets. I was convinced. I have to be a seaman.

I have two close friends — a couple — who are overseas workers. Every time we meet when they are back home in the Philippines, the husband would always say there is “no hope” for anyone to become rich here in the Philippines.

“Look at the salaries of your employees,” I remember him say. After a long pause and some kind of mental calculation, he continued, “I could earn at least 10 times as much if I do the same thing abroad.” That is, his one month salary abroad is equivalent to a year’s hard work here the Philippines. What a magic geography can do!

Do you agree? Isn’t it ironic why every Filipino’s dream is to flee from the Philippines?

I beg to disagree. That’s why I decided not to become a seaman. I could go on arguing why such kind of thinking is fundamentally flawed, but I’d rather not elaborate it here.

Suffice it to say that it is highly possible to become rich in this country. It can be done. A lot of people are doing it already. You, too can make it here!

Let me show you some of the ways.

1. Be Born Rich

Some guys are lucky to be born to a rich family. There is nothing wrong about this. If this is you, you owe it to yourself and your parents to keep the family wealth, preserve it, and let it grow for the future generations.

2. Marry Rich

Everybody loves shortcut. When it comes to wealth transfer, the marriage certificate is the ultimate shortcut ever devised by mankind.

“If thy marry for money, thy surely will earn it.” –A wise, anonymous lady.

3. Enter Showbiz

A lot of Filipinos could sense it already. That’s why when an audition for a talent search is conducted at some place in the country, people would flock to go there, endure the hardships just to get their ration of riches and fame… even just temporarily.

“The celebrity syndrome. When people forget who they are and start to believe what other people say about them.” –Paulo Coelho, The Winner Stands Alone

4. Become A Boxer

make money

A Wanna Be A Billionaire So Freaking Bad

If you can pull punches like Pacman and you’ve got foot works that could beat any breed of chicken, by all means don’t be shy… come out in the open… box.

Just make sure you know how to get the attention of Bob Arum and insist on fighting in the land of the free, home of the brave. That’s where big bucks are coming from.

But here’s the trick: you have do the boxing there (therefore, earn there) and live here in the Philippines. That’s like becoming an OFW, but you only have to really work hard for 1 month out of 12. And your earning potential? That’s directly proportional to how many elite boxers you can knock on the floor in the early rounds.

Let’s get ready to rumble?

5. Play Lotto

The game of chance is as old as mankind. In the Philippines, there are two kinds of gambling: legal and illegal — talk about double standards. If you should try to make it, you have to know the difference. Lotto tops the list of my recommendations.

6. Fool The People

If it already runs in the family or you’ve got the right connections, this route is either easy or bloody. And those who have taken the journey could tell you how good it is to be in power.

Tell the people that your main vocation in life is to become their servant. Plus, you love the poor, too. But never, ever tell them the ultimate truth: you don’t want to become one of them, or live where they live, or eat what they eat.

You only have two potential enemies here: your own conscience and the other guy who is always planning to kick you from your sit.

7. Own A Business

Seriously, this is the best chance left for most of us Filipinos to make it financially. You can’t be re-born to a rich family; at least not in this lifetime. Marrying a rich guy/gal is really like playing the lottery. Most of us don’t have a remarkable talent we could proudly take outside videoke bar. And we would rather just watch boxing over cable TV than actually be in the ring.

Business… Let’s give it some thought.

Negosyo Builder: Not Just Another Business Website in the Philippines

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Have you ever thought about running your own business but don’t know where or how to start?

Or, perhaps you already have an offline, bricks-and-mortar store and you want to complement it with an online version?

How about learning the essentials of accounting, business finance and internet marketing?

Welcome to NegosyoBuilder.com!

This website is made for the new and the veteran entrepreneurs like you, who needed help in business-related issues in the Philippines. Whether it is starting a new business venture, outsourcing to the Philippines, looking for dealers and distributors in the provinces, getting your business online, expanding your empire or even retiring it, this website is intended to assist you along the way by pointing you in the right direction and showing you some helpful resources just when you need it.

Up and Coming Articles

Doing Business: Start-up Guide, Accounting Fundamentals, etc

  • How To Register A Business In The Philippines. For a Philippine Business to be called a legitimate operation, it must secure the proper registrations, permits and licensed from the various regulating agencies of the government. This article discusses the steps in the business registration process.
  • The Forms of Business Ownership In The Philippines. You may already be familiar with Sole Proprietorships, Partnerships and Corporate setups of a business. They are the 3 most common legal structures of a business, and as such, they also determine the nature of ownership and control an entrepreneur has over company. Did you know about the fourth kind of business entity?
  • Sources of Capital : How To Fund Your Startup. This part talks about the money needed in starting a business and where to get it.
  • Why Start A Business? Did you know that there are active and reactive reasons why people put up their own businesses? This article shows you the best approach to doing it.
  • DIY Event Management for Small Businesses. Here is your chance of getting up to speed with the fundamentals of Events Management.
  • Accounting 101: Financial Statements Explained. Monitoring the financial health of your company means taking a look at the accounting side of the business. This article shows you the most important financial statements you can’t afford to ignore.

Technology On Business

  • Essential Electronic Gadgets for Today’s Entrepreneurs. The new breed of Filipino Entrepreneurs loves of tech gadgets.
  • Domain Name Tips. A picture paints a thousand words. But a good domain name can be worth a thousand dollars or more. A domain name is an investment by itself. Learn how to do it right.

You On Business

    The 3 Business Personalities. Inside every entrepreneur are personalities that always clash with each other.

This is the first article entry for this website and we have a lot more to cover in the next couple of days.

Stay in touch!