Archive for the ‘Small Business’ Category

The new DTI website

Posted on March 20th, 2009 by Roy

The Department of Trade and Industry (DTI) has launched its new and updated website. The new DTI website is meant to strengthen the agency’s presence in the Internet community and also of enhancing the services they provide to their clients.
Powered by ePLDT and Softrigger Interactive, the new DTI website (www.dti.gov.ph) features several enhancements on the [...]

More Filipino women are becoming entrepreneurs due to the global crisis

Posted on March 18th, 2009 by Roy

The global economic crisis has brought different effects on different people, some choose to be negative about it and wallow in the pool of pessimism and self pity, while saw it as an opportunity to strive harder and get something going.
Fortunately, for the Filipino women, the second option seems to be the popular choice. Because [...]

The Art of Starting a Business

Posted on March 17th, 2009 by PinoyBusiness

In every business, the starting point usually defines where your business is heading to. You can start at worst and find your business went into bankruptcy. But you have the choice of starting good and find yourself maintaining it and later achieve your success.
Guy Kawasaki, Managing Director and Chairman of Garage Technology Ventures, shares some [...]

Ateneo developing young entrepreneurs through their SoMBA Program

Posted on March 14th, 2009 by Roy

The Ateneo de Manila University is providing students the opportunity to develop into full-pledged entrepreneurs through their SoMBA program. SoMBA is the acronym for School of Management Business Accelerator Program, in this program the students are able to acquire the necessary knowledge, skills and experience in entrepreneurship by allowing them to set up their own [...]

Filipina entrepreneur promotes RP products in Australia

Posted on March 14th, 2009 by Roy

Antoinette Easton, a Filipina who is now residing in Australia, is passionate about angels. She loves angels, especially those in the nativity scenes. This passion about angels inspired Easton to start a business selling products made in the Philippines.
Now, this entrepreneur has helped create jobs for the Filipinos in the country as she promotes Philippine [...]

Abesamis sisters – sweet sisters act

Posted on March 14th, 2009 by Roy

Chocolates and spirits in one business? Is that really possible? For the Abesamis sisters, it is. And so, with a common love for food and parties, the sisters – Veronica, Aina, Tine, Joyce and Issa, started Elation last November 2008. It is a catering business which specializes in chocolate fondue and shooters.
The elder sisters Veronica [...]

Student entrepreneur – a “mobile sari-sari store” in campus

Posted on March 11th, 2009 by Roy

Ana Coritha Desamparado is not your ordinary college student. Aside from being the president of the University of the Philippines – Cebu (UP-Cebu) student council, Desamparado is also known in the campus as the “mobile sari-sari store vendor.”
Desamparado, who is taking up a degree in mass communication in UP-Cebu, sells anything. From candies, chocolates, cellphone [...]

Turning job seekers into entrepreneurs

Posted on March 11th, 2009 by Roy

In these times where talks of the effects of the global recession just wouldn’t subside, especially with the hundreds of OFW’s who were displaced because of their employers being severely affected by it, the country is once again faced with the rising unemployment problem.
To add up to the displaced OFWs are the local workers who [...]

DPC Yellow Pages to honor Micro-Entrepreneurs

Posted on March 8th, 2009 by Roy

Directories Philippines Corp. (DPC), the company behind the yellow pages directories of the Philippine Long Distance Telephone Company (PLDT) pays honor to the micro-entrepreneurs through the 23rd edition of the annual Visual Art National Competition that it sponsors together with PLDT, with the theme for this year’s contest – “Tribute to the Filipino Micro-Entrepreneur.”
DPC believes [...]

BSP to regulate electronic payment schemes

Posted on March 8th, 2009 by Roy

These days there are more ways in settling any obligations, especially with the advent of the use of electronic money using the mobile phones like Globe’s G-Cash and SmartMoney of Smart. Because of this, the Bangko Sentral ng Pilipinas (BSP) issued guidelines to regulate the use of electronic money or e-money.
For purposes of definition, e-money [...]

P3K Capital And A Bored Couple

Posted on February 6th, 2009 by PinoyBusiness

P3,000 money to spare for capital and a bored couple seem to make a very successful business combination. This is the story of Roberto Cabrera, 62 and his wife Vilma, 60 who ventured into handicraft in 1988 just because they were bored and are no longer happy in managing their small retail. According to them, [...]

Choosing the Right Product Leads to Success

Posted on December 29th, 2008 by PinoyBusiness

In competing in the market, either international or domestic, you must remember that choosing the best product or service is very critical. A lot of businesses undergone bankruptcy because of wrong choice of commodity to sell. There are several ways of achieving the best product for you and there are also effective ways in selling [...]

Renewable Energy Act of 2008

Posted on December 20th, 2008 by PinoyBusiness

Finally, after some rough sailing and being bypassed by five Congresses, the renewable energy bill was finally signed into law by President Gloria Macapagal Arroyo . She hopes that it would attract investments and enable the country to achieve greater energy independence.
Now a law, the Renewable Energy Act of 2008 (Republic Act 9531) seeks to [...]

Bazaar Business Exposure Pays Off

Posted on December 20th, 2008 by PinoyBusiness

Joining in bazaars and selling in tiangge is a good training ground for aspiring entrepreneurs who want to make it big in the business. For one, selling in bazaars doesn’t require much documents which is usually needed by entrepreneurs who want to start their business in the main stream. And if you do well in [...]

The New Filipino Entrepreneur: Business in the Philippines 2.0

Posted on December 19th, 2008 by PinoyBusiness

Entrepreneurship has been regarded as an essential ingredient of economic development, especially in emerging markets.
Traditionally, Entrepreneurs posses certain distinguishing personal attributes. In the public speech of Fred Uytengsu, he listed 5 characteristics of an entrepreneur. These are: vision, innovativeness, perseverance, passion, and focus. Another frequently mentioned common characteristic of entrepreneurs is their willingness to take [...]

Getting Into Your Leads

Posted on December 11th, 2008 by PinoyBusiness

You have your leads, your possible networks. The next thing to think about is how to persuade your potential leads in joining your network. There are two things you have to know in persuading and motivating your potential leads.

First, through presentation. In presenting your business you should take into account the following:
1. Practice.
If you’re [...]

8 Reasons Why Work At Home Seems Not to Work for You

Posted on December 7th, 2008 by PinoyBusiness

There are sure a lot of benefits working from home. You could multi-task, there’s no rules to be followed, no boss to argue with and there’s no need for you to look your best since you are inside your house, you can wear anything that makes you feel comfortable.
But there’s always a bad side of [...]

To Land the Best People for Your Business

Posted on December 7th, 2008 by PinoyBusiness

In business, you cannot survive without connections, especially when you are new. You have to have these established individuals to help you cope with things that concerns your business.
These connections will bring you to the road of success. How? Well, as we all know they are already established, they made a name already, they [...]

China’s Economies of Scale

Posted on November 10th, 2008 by PinoyBusiness

In recent news, Hong Kong officials say that they have found high levels of melamine in a batch of eggs imported from China, the same industrial chemical that has been found in milk supplies exported by the same country.
This adds to a growing list of products found to be tainted with melamine which indicates that [...]

A Successful Filipino Entrepreneur Story of Innovation: Business From Twigs

Posted on November 4th, 2008 by PinoyBusiness

Theirs was one setback after another, for others they could have given up and call it quits easily. But for couples Pete and Cathy Delantar, the saying “when the going gets tough, the tough gets going” was their battle cry.
And the couple was able to rebound with the help of a pile of twigs, branches, [...]