Blogs

Are you seeing a huge opportunity if you start an online business RIGHT NOW despite the pandemic? Well, you’re definitely not alone because 73,276 online businesses registered with the Department of Trade and Industry (DTI) between March 16, 2020 and August 16, 2020. Learn how you can be registered with DTI today.

Another year is here, and we have yet another set of new year’s resolutions. Did you know that the failure rate of new year’s resolutions is 80%? How do we change this for the better? Continue reading to find out.

The impact of the COVID-19 pandemic on Philippine businesses is tremendous. The hardest hit is micro, small, and medium enterprises (MSMEs). In fact, around 70% of MSMEs had no choice but to close down. However, more than 73,000 online businesses registered with the Department of Trade and Industry (DTI) between March and August, showing a shift in how Filipinos do business. Whether you’re a budding entrepreneur looking for a viable business option or an established business owner looking to pivot your existing one, here are some consistently high demand products and services to take inspiration from.

The initial costs of starting a new business can be too much for the modern-day Filipino business owner, and not to mention that a huge portion of the initial setup cost is allocated for the establishment of an office space to help begin the business registration process. However, there are different ways one can lower the initial setup cost when it comes to office space & one of these is to get a virtual office. But first, what is a virtual office?

The Philippines remains one of the top travel destinations in Southeast Asia. Beautiful beaches, a growing economy, and the gracious hospitality of the people are some of the most magnetic points about the Philippines. It is integral to know your legal obligations, laws, and regulations, so seek legal representation or counsel prior to making the jump. As a foreign national, there are several other options for you to stay here as a resident and set up shop. Read more to find out about setting up you business in the Philippines!