In the Philippines, the common types of business according to ownership structure are sole proprietorship, partnership, and corporation. You may read our post about the different types of businesses in the Philippines here. If this is your first time to start a corporation, you … [Read more...]
The Corporation Code of the Philippines
The law regulates and places everything it covers in order. This is also true in the business and corporate world. If you are a proprietor or a partner who is planning to incorporate your business, you have to learn the corresponding laws that govern and regulate corporations. … [Read more...]
Difference between a Sole Proprietorship and a Corporation
What is the difference between a sole proprietorship and a corporation? When starting a business, it is a common dilemma for aspiring businesspeople and entrepreneurs to choose what type or form of a business they will start. Although a company or business organization can also … [Read more...]
What is a Statement of Changes in Equity and its Purpose?
What is a statement of changes in equity and what is its purpose? A statement of changes in equity is a separate component of financial statements. It presents an entity’s total comprehensive income for the period (profit or loss plus other comprehensive income for the period), … [Read more...]
What are Stocks of a Corporation?
We often hear the word stock. In merchandising, stock can mean the goods or merchandise kept on a warehouse that is available for sale or distribution. However, that isn’t the stock that we are about to discuss. The stocks we will tackle on this article is all about the stocks of … [Read more...]
Types of Business in the Philippines
Are you planning to enter into business and call yourself a businessman or entrepreneur? That sounds great! But what do you want to be… a proprietor, partner or stockholder? Do you want to offer a service or sale tangible products? Before you proceed, it is wise to consider first … [Read more...]
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