Business Insights Archive

How to Set Price for Your Store Items

Prices for your store items, if not managed accurately, might draw away possible customers. As a budding businessman, we sometimes forget that aside from being an entrepreneur we are also buyers in the first place. Putting reasonable prices for your store items is one of the many considerations when you are starting your business venture. […

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Advertising Do’s and Don’ts

For every company and company owner in this world there is an advertising approach each one thinks is the right one for their company and the promotional advertising done there. It’s okay to have unusual ideas but there are some things that should be done and others that shouldn’t be done that are universal to […

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The Issue with Poor Employee Engagement

Dissatisfied employees are costly to your organization. If you don’t take the steps to figure out why employees aren’t satisfied, it’s unlikely you’ll solve the issue in the future. The current level of Employee Engagement in the United States is at 66 out of 100, which means organizations throughout the country have some work to […

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7 Approaches to Ensure an Effective Business Structure

First, let’s define two terms. The first is ‘effective business’. An effective business is a business that accomplishes its purpose. Its purpose is the reason for which it was designed. An effective business is synonymous with a successful business. The second term is ‘business structure’. Business structure is the physical design of that business. It […

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Why Now Is the Best Time to Open Business in the Philippines

You’ve probably already heard of the line “It’s More Fun in the Philippines.”Well, not only does the country offer majestic beaches and views which tourists love, but also fantastic benefits in terms of opening a business in the Philippines. The Philippines’ economy is growing and has a current GDP growth of 6% to 7%, which […

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Remittance in the Philippines

Just in time for the Christmas season, Xoom, a PayPal service, just launched a “request” feature in their online money transfer service remittance beneficiaries can use to easily send a request to their loved ones in the U.S. The United States of America is the leading sources of cash remittances for 2016, totaling to US$6,596,432 […

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How communication helps entrepreneurs

Communication has a pivotal role to play in the development of an entrepreneurial society. It will open vast information activities that will create the necessary climate for entrepreneurial development. This will open up new opportunities otherwise inaccessible to ordinary entrepreneurs. • Communication plays a vital role even to small enterprise, where control by one person […

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What it takes to be an Entrepreneur?

Hope is the last thing an entrepreneur think of giving up. Money come and goes but the most important value which sticks to a businessman is his hope to gain profit. However, here’s the list of what it takes to be an entrepreneur. Check this out and find out later if you have these guts […

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Why Cooperatives fail?

Abe Belina, a writer of the The Filipino Entrepreneur jotted down some of the reason why cooperatives in the Philippines fail. Cooperatives or coop in the common term is a group of people who have set up their own enterprise for their common good in which people is a common element. Though many studies attempt […

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How entrepreneurship shapes development

Government has been all eyes and ears in boosting the rural industries and on employment generation. According to Eduardo Taylor, an acknowledged authority on small enterprise development, the following are the principles in shaping up entrepreneurship as a key to development in the countryside. • Entrepreneurship creates employment. Setting up an enterprise would \mean hiring […

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What information an entrepreneur needs

Information for an entrepreneur is the financial and non-financial aspects of the business. Sales figures, operating expenses and outstanding accounts should be monitored on a daily or weekly basis whether an entrepreneur is a small time sari-sari store owner more so if the entrepreneur is a big time department store owner. There are two kinds […

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Is Google Glass Destined to be the Flop of the Year?

Google Glass is set to hit the gadget market this year, and is the latest gadget to be released in the hot trend of wearable tech. Products including connected bras and socks, even baby clothes, are part of the trend, but so far the wearable gadgets have not really taken the world by storm. If […

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