Starting a business in the Philippines is not easy, especially if you are not abundant in financial capital. With limited money, it’s not unusual that you refrain from hiring people to help you since doing that means additional expenses. But without taking the risks, entrepreneurs like you might not grow. And if you’re not lucky enough, that decision might do more harm than good to your business. Thus, you have to open your mind and evolve. You have to find the right persons who will help your business grow. If you’re wondering who should you welcome to make your business advance, consider the following professionals.
Accounting and bookkeeping are both tedious jobs. Recording, summarizing and organizing your financial transactions should be accomplished on time to provide useful reports that will help you make important business decisions. An accountant will also help you create a business plan, especially if you need it to find investors.
2. Tax consultant
Taxation in the Philippines is complicated and burdensome to business owners, especially if they don’t have any background in accounting and taxation. The BIR also imposes high penalties for late filing and payment of monthly, quarterly and yearly tax declarations. If you don’t like to get tax troubles in the future, it is best to get help from a tax consultant.
3. Business Development Manager
Many entrepreneurs and startup founders are a bit shy – they are not salespeople. If you’re one of them, you should consider hiring a business development manager who will do the sales and marketing, as well as connect and build relationships with customers or clients. Remember that your business will not survive without generating sales.
4. Website Developer
Most businesses right now need a website to showcase their products and connect with customers online. Website development doesn’t only involve registering a domain name, getting a web hosting, and setting up an easy-to-install software to build your site. The process has to be done by professionals who should not only create your website, but also make it more user-friendly, conforming with the web standards, and ready for integration with your online marketing campaigns.
5. Inbound Marketer
Inbound marketers such as SEO and content marketer create value like magnet to attract target customers rather than aggressively approach and persuade them to buy. They work more on providing usefulness and building long-term relationships with the target market. So if you don’t like your marketing strategy to only involve the traditional way, inbound marketers will help you create and implement marketing strategies and tactics that will attract your target customers rather than disturb them.
Lawyers are not only for notarial services. There are many legal issues an entrepreneur must deal with in his business. A legal consultant will advise you how to protect your trademarks and copyrights. It is also important that you know and will respect the rights of your employees to avoid labor legal disputes in the future. And if you’ve registered a corporate form of a business, seeking legal advice and services of a lawyer is also necessary.
7. Admin Officer or Assistant
Startup founders have to focus on generating sales and profit to keep their business breathing and kicking. Although doing the office administration tasks by yourself will save your money in the meantime, in the long run it may not. Office administration is one of the most common business courses offered by Philippine colleges and universities. Office admin graduates can assist you with your HR, marketing, finance and other executive functions to enable you to focus on your core business activities.
If you want to grow your business, don’t be a one-man company but invest in someone or in people who will assist you in your entrepreneurial journey. Entrepreneurship is a new world – it’s different from freelancing which is more relaxing. Entrepreneurship is tough and a lot of struggles come in its way. Therefore, build a team of people who will make your business stronger and tougher.