Start up the Business of your Dreams.
Philippines is known as a BPO outsourcing destination but it is more than just that. In the era of digital disruption on the rise, the Philippines is a haven for promising startups from its neighboring countries like Japan, South Korea, India and China. The startup movements are becoming a popular scene thriving to serve as an experimental hub for those with limited resources and funding especially to those who are still on the testing phase or experimental stage. Particularly, Manila ranks 2nd and Cebu ranks 8th in the Tholon’s list of 2015 Outsourcing Destinations. An alternative Silicon Valley , an affordable version for history and vision makers. Here are some of the reasons why:
Friendly and accommodating behavior of the locals
Low-cost business scaling
Competitive workforce ready to back up industry demands
Part of a business’ growth is the deployment of separate departments which functions with specific focus and definitive path. They are structured according to certain business requirements and these departments will vary depending on the type of business being practiced. Knowing the different functional areas of a business is a basic but major necessity especially in the planning stage.
According to businessdictionary.com “Functional Areas” is defined as grouping of activities or processes on the basis of their need in accomplishing one or more tasks. It’s also an alternative term for business unit.
Admit it. You’ve once had to choose between a foreign product or a locally-made one and after much thought, you eventually decided to buy the latter. You probably reasoned that …
Taxes. Even just mention of it already evokes a feeling of dread. No one wants their hard-earned money taken away from them. If you are an employee, the sight of …
Information Technology. Ten years ago, this concept was limited to only a handful of people. Digitalization, Computer Science and Systems Engineering are scopes that were not handed to average businessmen …
BPI Family Savings Bank is again all set to help fulfill another Filipino family’s dream of getting their own car as it brings its second wave of mall-based Auto Madness …
With an estimated failure rate of 80 to 90 percent, the startup life is not for the faint of heart. Launching your own startup requires a lot of patience, dedication, …
Setting up a company requires precision, timing, resources and planning to name just a few. But as for the minor details, the phrase “don’t sweat the small stuff” can be …
Is your company in good standing? This question is usually asked by various stakeholders such as your company’s creditors, suppliers, customers, employees and potential investors. Even government regulators and authorities …
MSMEs (Micro Small and Medium Enterprises) are undoubtedly vital to the country’s economy. Based on 2014 figures by the Philippine Statistics Authority (PSA), it is estimated that around 99.6% of …
It is an undeniable fact that the Philippines is blessed with various one of kind agricultural goods. Combined that with our rich food culture and tradition, what more could we …
When is the best time for major business groups and individuals to invest in the Philippines? Local food company believes that the answer is now and that there’s no better …