Marwin Ramos

A Guide on Starting A Lotto Franchise in the Philippines

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Advantages and Disadvantages of Owning a Lotto Franchise Operating a lotto outlet franchise in the Philippines introduces entrepreneurs to exciting opportunities and unique challenges. Consider these pros and cons before diving into the venture. Advantages This existing brand recognition ensures that your franchise already has a pool of potential customers, some of whom may be […]

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An In-Depth Guide to Corporation Registration in the Philippines

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What is a Corporation? A corporation is a legally distinct entity from its owners, granting limited liability protection. It enables businesses to operate independently, draft contracts, and pursue legal actions. Shareholders can invest in the corporation, enjoying the benefits of ownership while shielding personal assets from the company’s liabilities. Advantages and Disadvantages of Corporations 1. Limited personal

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BIR Business Renewal 101: A Step-by-Step Guide

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A Step-by-Step Guide on How to Renew BIR Business Permit Renewing your business registration can feel overwhelming because of the additional steps in procuring other necessary permits. Breaking down each permit into smaller steps can lessen your hassle, stress, and even anxiety. Gain clarity on the renewal process by following the steps below. Step 1:

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5 Lending Companies that Offer SME Loans in the Philippines

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5 Lending Companies Offering SME Loans in the Philippines Several lending companies stand out as valuable options for businesses seeking financial support. They offer various financing types and business loan options, each with unique advantages and disadvantages. 1. Zenith Capital Zenith Capital is a renowned lending company in the Philippines, celebrated for its customer-centric approach. With a solid local presence,

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Grocery Franchise in the Philippines: 4 Best Choices and Practices

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4 Best Grocery Franchise Options in the Philippines To help you in making the right choice, here are some of the best grocery franchise options available in the Philippines: 1. Ultra Mega Source Ultra Mega Value Mart is a cross between a convenience and a grocery store. With a compact size of 40-60 sqm, it carries a

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5 Practical Tips to Avoid Business Loan Scams and Fraud

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How to Avoid Business Scams and Fraud: 5 Things Businesses Need to Know The tactics criminals use to conceal their motives make identifying a business loan scam or fraud attempt difficult. Before proceeding with any business loan, you must follow these steps to protect yourself and your company from potential financial ruin: 1. Do your research

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4 Most Profitable Business Ideas in the Philippines That You Can Try

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4 Most Profitable Business Ideas in the Philippines That You Can Try 1. Online Selling Online selling, often called e-commerce, has emerged as one of the Philippines’ most lucrative small business opportunities. The Department of Trade and Industry (DTI) has observed a remarkable surge in Filipino online retailers, soaring from around 2,000 to over 2 million in

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Business Loan Repayment: 6 Tips for Planning and Budgeting

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6 Business Loan Repayment Tips to Plan and Budget Your Finances Better Planning and budgeting for offline or online loan repayment means plotting a course through choppy financial waters. Here are valuable tips that will empower you to manage your finances better. 1. Create a realistic repayment schedule No one goes to war without a proper strategy. The same

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Short-Term vs. Long-Term Loans: What’s Best for Your Business?

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Short-Term Business Loans: Benefits and Drawbacks Short-term corporate loans are popular for companies looking to address immediate financial challenges or seize time-sensitive opportunities. Benefits Drawbacks Long-Term Business Loans: Benefits and Drawbacks Long-term business loan use, on the other hand, provides more substantial funding and flexibility for significant undertakings and ventures. Benefits Drawbacks

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