Category: Starting your Business in the PH

Discover Opportunities at the Philippine SME Business Expo this October

Thinking of finally launching that business idea that has been bugging you all this time? It may be wise to make a stop-over at the Philippine SME Business Expo [PHILSME] this October to gain valuable insights on how the various SME industries are doing in the Philippine set-up.

This is also our chance to meet with business leaders, company owners, senior level executives, decision makers and build new business relationships amongst SME’s in the Philippines.

The expo, which is known to be the Philippines’ Largest Business-2-Business Expo, Conference & Networking Event for Small and Medium Enterprises (SMEs) will launch its 4th run this October 21-22, 2016 at the SMX Convention Center Hall 3, Mall of Asia Complex in Pasay City. Continue reading

Is it worth the rent at weekend markets-Inspiring merchants share their stories

Is it Worth Renting at Weekend Markets? Inspiring Merchants Share Their Stories

Although it’s not only exclusive to budding businesses, weekend markets make for a great venue to take your entrepreneurial skills out for a test drive.

Why not? I mean, weekend markets are great places to showcase your products in a trendy consumer-centric setting, allowing you to directly get feedback from customers and gain exposure for your brand, and at the same time find out how your products fare against other businesses in the venue.

And since weekend markets are mostly done during weekends (of course), it gives flexibility to business owners who don’t have the financial resources to rent out a place for longer periods and subsequently having to build a physical store, instead allowing them to pay for rent only during weekends when consumers are out and about. Continue reading

How to Legalize your Business Presence in the Philippines

How to ‘Legalize’ your Business in the Philippines

Congratulations on finally planning to start your own business! Starting your business can be a little overwhelming, especially at first, when different government offices require that you register and apply for different licenses before you start your business operations.

In this article I’ll list down all the basic government requirements for those who plan to start their own small to mid-sized business to help and enlighten you in this complicated process. Continue reading

How to Apply for a Business / Mayor's Permit in the Philippines

How to Apply for a Business Permit in the Philippines

After securing your DTI business name registration and barangay clearance, the next step for proprietors is to apply for a Business permit (or sometimes called  Mayor’s permit). You’ll need a business permit in order to proceed to the next step, which is to secure a Tax Identification Number (TIN) for your business with the BIR and be able to legally transact with your customers.

Like the DTI registration and Barangay clearance, the business permit is also a requirement of the Philippine law before one is able to conduct business in the country. You can apply for one in the city or municipality where your business is located, and each local government unit may have different procedures. The following are the fast, quick, and easy general guidelines when applying for a business permit:

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How to Apply for a Barangay Clearance for your Business

How to Apply for a Barangay Clearance for your Business

The next step after registering your business name with the DTI is to register your business and get a clearance from the Barangay, the smallest and most basic political unit in the country which has the direct contact with each member of the community.

You have to register with the Barangay hall or the office of the Barangay where your business is located.  The clearance you get from the Barangay is a requirement when you apply for the next step, which is the Business Permit (sometimes called Mayor’s Permit). Applying for a Barangay clearance is quick and easy given that you already have the requirements on hand. Below are the fast, quick, and easy steps to get a Brgy. clearance for your business. Continue reading

How to Register your Business Name in the Philippines

How to Register your Business Name in the Philippines

Whether you are planning to start your own car parts dealership, bakery, hardware, restaurant, computer shop, or whatever single proprietorship business it may be, the first thing you must do is to register your business name with the Department of Trade and Industry (DTI).

Why do we need to register with DTI? Basically, it’s because it is required by the Philippine law. It is the first step to legalize the presence of your business in the Philippines. You also need to comply with this and other government requirements in order for the law to protect your business and your brand (which is your business name). Also by doing this, you can prevent other businesses from using your name. Continue reading