The One Person Corporation’s Reporting Requirements in the Philippines
A one person corporation in the Philippines (OPC) is a convenient business structure for both experienced and fairly new entrepreneurs. With its limited liability, no minimum c...
The SEC’s Enhanced Compliance Incentive Plan, Explained (2024)
To boost corporate compliance in the Philippines, the Securities and Exchange Commission (SEC) has introduced the Enhanced Compliance Incentive Plan (ECIP). This limited-tim...
8 Ways to Minimize Downtime When Changing Your Business Address
On the move? Changing your business address and settling into a new space is no small project. The entire endeavor will require months of careful planning and adjustment, but i...
Start ‘Em Young: 10 Startup Founders Who Built Their Fortune Before 25
Let’s ignore for a moment that the average age of a successful startup founder is 45 (that’s according to research by the Harvard Business Review). In this post, we’...
7 Things to Know Before Starting a Food Cart Franchise Business
Getting into the food franchise business as a franchisee can be lucrative. With a food cart/kiosk business specifically, you may find that capital and logistic requirements are...
5 Reasons Why Startups Fail and How to Avoid Them
Founding and growing a startup can be challenging, but it's not an impossible feat. About 31% of local startup founders in the Philippines reported “earning annual reven...
5 Reasons Why You Should Do Business in the Philippines (2024)
Are you planning to start a business in the Philippines? You’re in luck. Recent economic trends in the country may prove favorable for you. Philippine gross domestic prod...
15 Small Business Ideas You Can Start in the Philippines (2024)
Micro, small, and medium-sized enterprises (MSME) greatly contribute to the Philippine economy. According to the latest figures from the Philippine Statistics Authority (PSA...
How to Write a Business Plan for Your Next Big Idea
Not all new businesses survive their first year. Just take a look at these numbers from the Department of Trade and Industry (DTI). In 2022, there were 827,491 new business ...