Entrepreneur Specialist Official Blog

Metro Manila Film Festival 2010 Winners

MMFF 2010 winners: Best Picture: Ang Tanging Ina Mo: Last Na 'To! (Star Cinema) 2nd Best Picture: Rosario (Cinemabuhay & Studio5...

Registering with the Department of Labor and Employment (DOLE)

4:21 PM

Business establishments with five or more employees are encouraged to register with DOLE, the agency which monitors compliance with labor la...

Registering with the Bureau of Internal Revenue (BIR)

4:11 PM

Every business enterprise has to register with the BIR for taxation purposes. Below are the steps to follow: 1. Secure a permanent record ...

Registering with the Social Security System (SSS)

4:02 PM

An employer, or any person who uses the services of another person in business, trade, industry or any undertaking must be registered with t...

Requirement Documents for Applicant Corporation

3:14 PM

(Stock [S] and Non-Stock [NS]) and Partnership [P] 1. Name Verification Slip (S/NS/P) 2. Articles of Incorporation and By-Laws or Article...

Registering with the Securities and Exchange Commission (SEC)

2:57 PM

The SEC is the government agency that gives the business enterprise its legal personality. Partnerships and corporations need to be regist...

Registering Your Business

6:00 PM

A new small enterprise has to be registered in various government agencies. The complexity of registration varies according to the legal for...

Some Guidelines to Locating Your Business

5:47 PM

Having in mind the business you have chosen, look at a prospective site taking into account the following: 1.Raw materials - Are sources o...

Locating Your Business

5:42 PM

Finding a site for your business is crucial. In the retail business,your sales potential depends mainly on your location. Like a tree, a sto...

Seeking Other Sources of Assistance

5:28 PM

You might need help in writing your business plan, especially if you need a bank loan. Who do you approach? The Department of Trade and In...

SME Friendly Banks

3:40 PM

Most banks lend to small business. But it is also true that some banks are more SME-friendly than others, given the well-known risks and tra...

Types of Loans

3:38 PM

There are various types of credit available from formal lending institutions. 1. Short-term loans - These are loans payable in one year o...

External Sources of Credit

3:36 PM

You can consider the following sources of money: 1. Pawnshops - You can get quick cash by pawning jewelry and other valuables. 2. Credi...

Raising Capital in Business

3:25 PM

Money with which to start and run your new small business can be raised in various ways. Obviously, the money can come from your own pocket....

The Financial Plan

2:25 AM

1. Determine your financial requirements. Prepare a forecast that outlines all your capital requirements. There are three: fixed capital, wo...

The Organizational Plan

2:23 AM

1. Determine your key personnel. Identify the key people in your business, including you as owner and manager. If your business is a corpora...

The Technical Production Plan

2:21 AM

1.Identify your material requirements and sources of supply. List down what materials you will need and where you will get them. Include onl...

Marketing Plan

2:19 AM

1. Describe your products or services. Give a detailed description of your products or services to give the reader a clear idea of what you ...

Writting a Business Plan

2:15 AM

After you have made the preliminary decisions, you can start preparing a business plan. There is no such thing as an all-purpose business pl...

Types of business according to ownership

10:53 PM

Single Proprietorship Advantages • Easy to set up • Decision making left entirely to owner Disadvantages • Demanding on owner’s person...

Determining Product line and business type

6:46 PM

You can now focus on what specific type of product or service you want to sell. Some of the factors given for consideration will help you co...

Looking Outside

4:52 PM

After looking into yourself your personal qualities, your interests, skills, experiences and hobbies and how these would orient you towards ...

What else is in you, That will orient you to Business?

4:48 PM

What else is in you, That will orient you to Business? While you are looking at yourself, consider what else is in you that will orient you...

Power Cluster

4:44 PM

1. Persuasion and networking • Employs deliberate strategies to influence or persuade others • Uses business and personal contacts to acco...

Planning Cluster

3:25 PM

1.Goal-setting • Sets clear and specific short-term objectives • Sets clear long-term goals 2. Information-seeking • Personally seeks in...

Achievement Cluster

3:20 PM

1. Opportunity-seeking • Perceives and acts on new business opportunities • Seizes unusual opportunities to obtain financing, equipment, l...

Do you have what it takes to go into business?

3:18 PM

A successful entrepreneur possesses personal qualities that will help him grow and thrive his business. Extensive research by the Management...

Starting a Small Enterprise Process Flow

5:39 AM

1. Look Within: Do you have what it takes? 2. Look Outside: What are the helping/hindering factors 3. Determine your products/serviceline ...

Risk of going into business or entrepreneurship

2:28 AM

Possibility of failure There is always the possibility of failure – a single wrong business decision can bring a business to bankruptcy. ...

Rewards of going into business or Entrepreneurship

2:10 AM

Having unlimited opportunity to make money When you have your own business, you will most certainly have unlimited potential to earn money...

Why GO into Business?

2:03 AM

Entrepreneurship is a way of life. Being entrepreneurial means beingable to identify, start, and maintain a viable and profitable business,p...

Two startup principles for aspiring entrepreneurs

12:41 AM

If there are two things Benzon M. Tan, who helped establish the Blued Clothing Co. in 1991, learned about entrpreneurship, these are: tal...

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