What is a BPI Ka-Negosyo Loan? A BPI Ka-Negosyo loan is a financing option from BPI that helps small and medium businesses in the Philippines. It includes Ka-Negosyo Credit Line, Ka-Negosyo Ready Loan, Ka-Negosyo SME Loan, and Ka-Negosyo SME Loan for Property Acquisition. This type of financing is different from a BPI personal loan in the following aspects: Ka-Negosyo […]
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Requirements and Costs of Getting a Travel and Tour Agency Franchise Before you set off on this business venture, map out the requirements and costs involved. Let’s explore the process of acquiring a travel and tour franchise in the Philippines, covering types, requirements, initial investment, and ongoing expenses. Different Types of Travel and Tour Agencies
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4 Key Small Business Growth Strategies Innovative approaches using the latest tools and trends are essential for business growth. Here are four key strategies effective for developing small businesses, no matter the model. 1. Adding new methods of distribution This involves expanding the ways your products or services reach customers. Start by researching emerging trends and consumer preferences, then
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A Guide on How to Choose a Laundry Business Franchise in the Philippines Innovative approaches using the latest tools and trends are essential for business growth. Here are four key strategies effective for developing small businesses, no matter the model. 3 Types of Laundry Business Franchise A business franchise like laundry services offers the opportunity to enter a lucrative
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What is a Sole Proprietorship Business? A sole proprietorship in the Philippines is a company owned and managed by one person. It’s the most straightforward business structure, where you, as the owner, make all the decisions and reap all the profits. Unlike other business structures, sole proprietorship law in the Philippines states that the company doesn’t
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5 Home-Based Business Ideas in the Philippines Whether you’re a budding entrepreneur seeking a part-time or full-time venture, these best home business ideas in the Philippines cater to diverse interests and market needs. 1. Homemade food business You can look into homemade food business ideas in the Philippines so you can create delicious meals to propel your business.
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Criteria for Choosing the Best Bank for Business Loans Selecting the optimal bank for business loans is a critical decision as this influences the financial trajectory of your ventures. Here are some factors to consider when deciding on a bank for various business loan industries: Interest rates Seek banks offering competitive interest rates to minimize borrowing costs and
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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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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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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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