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...]
Closing a Sole Proprietorship Business in the Philippines
A single or sole proprietorship is a type of business based on ownership that is owned by a single person who has full control and authority on his or her business. The owner is called proprietor or proprietress and he or she owns all the assets and equity of the business. The … [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...]