Pinoy Business Coach

Election is just around the corner and soon, a new President will be sitting in the Palace.  Most will look to him for hope to pull the country out of the many miseries that beset it.  While politics and the government are beyond our control, it remains a duty upon us-- it's citizens to vote responsible and by using good judgment.

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In going around trying to help fellow Entrepreneurs, I have observed that very expensive mistakes could have been averted to the point that the businesses could have been saved if the right kind of structure or legal personality were selected.

There are several entities to select from.  What I recommend is that by default, when starting a business especially when you are in the 'alpha' phase of trying a viable idea, it would be best NOT to be registered for starters since you are still unsure if there is a certain demand for a product or service.  If you can prove that the business idea can give absolute good cash flow (which would take you 1-3 months) then it would probably be a good idea to select a legal personality and be registered.

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I recently attended TRACE TRAJANO's "Think Rich Quick" Seminar.  It was quite a journey travelling all the way from Zamboanga to listen to this Real Estate Guru teach about his techniques and to hear from his students who have actually done it here in the Philippines.  For more information on Trace and who he is, please Click HERE.

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