Business Guide

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 […]

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

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:

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

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

Benefits and Challenges of Franchising Franchising is a common business approach in the Philippines, offering a way to avoid the hassle of brand creation. However, it has its own pros and cons that potential franchisees should consider. Benefits 1. Established brand recognition One of the most significant advantages of franchising is the instant brand recognition.

6 Notable Small Business Trends Today In this rapidly evolving digital landscape, staying attuned to key business trends is not just a choice. It has now become a strategic imperative that will aid small business growth. Here are some small business trends to help you gain a competitive edge in your industry. 1. Artificial intelligence (AI) AI has evolved from

6 Common Small Business Financial Challenges and How to Solve Them Now, more than ever, there are various financial challenges faced by small businesses. Here are some of the most common ones and how to solve them effectively. 1. Lack of cash flow Lack of cash flow is one of the problems of a small