Business Startup Archive

How to Identify Business Opportunities

Find a business opportunity in every market need. One of the first things you should remember in trying to identify business opportunities is that all enterprising ventures answer, in one way or another, a particular human need. Whether it is a product or a service, it must respond to what the buyers need or want. [&hellip

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Business Registration Steps – The Easy Way!

Detailed steps on how to register your business in the Philippines. How to register your business under R.A 9178: Barangay Micro Business Enterprises (BMBEs) act of 2002.  Barangay Micro-Business Enterprises (BMBEs) can now register their businesses, free of charge, at the Department of Trade and Industry (DTI) through the agency’s Negosyo Centers. Under Republic Act [&hellip

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Why is Manpower Always a Business’ Secret Ingredient

In the Philippines, manpower services are a vital part of successful companies and corporations. Their operations will not be running smoothly and efficiently without them. In fact, they are highly dependent of the work their manpower produces in order to provide their products and services to their customers and clienteles. However, their importance goes beyond [&hellip

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Tips To Get Your Small Business Off The Ground

As a business owner or entrepreneur, you probably know how hard it is to create a new business and get it working. Nevertheless, there are some things you can do that will help you, so here are tips to get your small business off the ground. Be Optimistic About Your Odds First and foremost, you [&hellip

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The Business Plan – Why Plan a Business?

You are already definite about your business idea and want to make it real. You feel you have the “it” to be an entrepreneur. You know what you are getting into; you have the skills, some experience, and believe you can persuade people to buy your product or use your service. What else is stopping [&hellip

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How to Choose the Right Type of Business

Reviewing your list and sorting out your ideas according to type of business activity will help you decide which business idea you will eventually entertain. Ask yourself this question: “Do I want to manufacture a product, deliver a service, or go into trading?” o A manufacturer produces a product and sells it. Making new jewelry [&hellip

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Essential Steps to Moving a Business

Moving a business might seem easy, but it isn’t. It requires careful planning that often starts months in advance. If you are moving your office locally, you need to be prepared — even if you’re just moving down the block. Not taking the time beforehand could cost your business significantly. So, before you start the [&hellip

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Investing In Startups: How To Do It Right

Startups are tricky investment opportunities. On one hand, they offer great potential and could grow into real money-earners in the future. On the other, their limited cash-flow and high failure rate might put off many investors. However, if you’re prepared to take the dive and invest in a startup, make sure that you do it [&hellip

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How to Compute Profit Margin and Markup

Figuring out when you’re making a profit is key to business success. One of the most important financial concepts you will need to learn in running your new business is the computation of gross profit. And the tool that you use to maintain gross profit is markup. The gross profit on a product sold is [&hellip

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How to Kick Off Your Small Business Dream

Employees who have experienced working the daily grind usually dream of having a business of their own, regardless of how small it is. Many of them long to be free from the pressure and monotony that are usually associated with corporate life. A number of them also try to save up for a planned business [&hellip

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