In the Philippines, there are four types of businesses according to sizes, namely, micro, small, medium and large business enterprises. They can be classified according to the size of assets, equity or number of employees. Basically, small businesses are those which have total … [Read more...]
Tax Tips for Small Businesses in the Philippines
Unlike large companies and corporations, small companies and micro businesses may not afford to establish a tax and accounting department or hire accounting firms to do the tedious tasks of taxation, accounting and bookkeeping for their business. That is why they sometimes have … [Read more...]
2013 Philippine Senate Election Updates and Results
On May 13, 2013, millions of Filipinos (employees, businessmen, entrepreneurs, politicians, the poor, the rich and every registered voter) have visited their designated precincts to exercise their right to vote. Some went there early in the morning and others endure the long … [Read more...]
The Winners of 2013 Philippine Elections
On May 13, 2013, the people of the Philippines who are registered voters will exercise their right to vote. And before that, everyone can also exercise their right of freedom of expression to endorse or defend the political candidates whom they believe are worthy to win and serve … [Read more...]
Small Businesses in the Philippines
Small businesses in the Philippines can be defined according to the size of assets, size of equity capital, and number of employees. The Magna Carta for Micro, Small and Medium Enterprises (RA No. 6977, as amended by RA 8289, and further amended by RA 9501) defines a small … [Read more...]
10 Reasons Why Filipinos Don’t Succeed in Business
It’s great to have a business. It’s challenging to be in entrepreneurship. In our country, we need more business people and entrepreneurs to provide more jobs, generate more output, and grow our economy. However, entering into business and entrepreneurship is not an easy task but … [Read more...]
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