WHEN entrepreneurs start a business, they often overlook a crucial aspect of compliance — registering with the Social Security System (SSS), the Philippine Health Insurance Corp. (PhilHealth) and the Home Development Mutual Fund (Pag-IBIG). Amid...Read more
Sole proprietorship vs OPC: Which one is right for your business?
SINCE the one-person corporation (OPC) was introduced in the Philippines last 2019 through Republic Act 11232, many entrepreneurs and freelancers have been confused about the differences between a sole proprietor and an OPC, not knowing which one...Read more
Hybrid set-ups are here to stay: Here’s why that’s fantastic news
IT’S 2023, and workplaces everywhere are still adapting how to manage their business post-pandemic. It’s challenging to decide on a set-up that benefits everyone, but luckily, there’s a solution that provides the perfect middle...Read more
Starting a Business in Your 2023 Resolution? Here Are a Few Tips!
Starting a business in 2023 can be an exciting, scary, and even rewarding experience. With proper planning, hard work, and a bit of luck, it can be a great way to build financial security, create a positive impact in your community, and help find...Read more
How Outsourcing Helps Small Businesses During Recessions
RUNNING a business is one of the most rewarding, but challenging things to do. There are a lot of uncertainties and long hours involved as business owners juggle many roles. However, with the current economic climate, it seems entrepreneurs and...Read more
Online Tools For Your Business
The success of a craftsman is associated with the quality of his tools, and the same is true for business owners. Thankfully, we live in a time when anyone with a laptop and an internet connection can establish a business if they have the right...Read more
What is a Virtual Office? Virtual Offices Explained
What is a Virtual Office? There are numerous definitions of a virtual office floating around the Internet. Try it on Google search and it will give you a plethora of definitions. To save you from overwhelming search results, here’s a more...Read more
ON A SHOESTRING BUDGET? HOW A VIRTUAL OFFICE CAN HELP YOU WITH TIME, MONEY, AND FLEXIBILTY
If you’re a budding entrepreneur or freelancer concerned about the high cost of office space, a virtual office could be the answer you’ve been looking for. As we all know, virtual business practices have become more common due to the...Read more
Business Registration Requirements
As an entrepreneur, launching a business or being self-employed is quite exciting. However, before getting started, every business should be registered to be able to successfully scale. Plan on registering on your own? Here are the requirements...Read more
SEC ANNOUNCEMENT: Schedule and Procedure for the Filing of Annual Financial Statements, General Information Sheet and Other Annual Reports
Last March 9, the SEC released its SEC Memorandum Circular No. 3 Series of 2021 that discusses the updated schedule and procedure of Filing of Annual Financial Statements, General Information Sheet and Other Annual Reports. We highly encourage...Read more
Which Business Entity is The Right One For You?
So, you decided to take the leap and start a new business. That’s great! First step is to register so you decide to look it up but then realize that there are so many entities! Freelancer, Sole Proprietorship, One Person Corporation- which...Read more
Preparing for 2021 Despite Uncertainty
The year is about to end and it’s an understatement to say that it’s been a rough one for everyone. As we bid farewell to 2020, many of us may be looking forward to a brighter 2021. While news of the vaccines have definitely generated hope, the...Read more