Post
Topic
Board Pilipinas
Re: how to start a business?
by
Kerokeroppi
on 07/06/2017, 13:17:40 UTC
i just want to know how do i start in opening a business. i plan on establishing a cafe. if anyone here has some experience in managing a business, can you share your ideas and experiences? so that i know what to do when the time comes  Cheesy
For me starting a business is quite risky most especially here in the philippines. But yeah you can always choose whatever business you want to put up but beware on choosing business that is not that not common and has less capital and is in deman in a particular area. We cant just choose one and go for it without having research what investment you are going to be with your money. Sari-sari stores in my area turn into like sira-sira store because there are a lot of them with same goods they sell so that what they have.

It wouldn't be easy to start up your own business but maybe this few steps you might consider to follow. First you have to write a business plan, get business assistance and training, choose a business location. Finance your business, determine the legal structure of your business, register a business name. Register for state and local taxes, obtain business licenses and permits, understand employer responsibilities and lastly find local assistance.