2017 figures out to be a challenging year for many businesses, especially for small-scale enterprises and start-ups. Economic fundamentals are not at a point whereby conditions are ideal for business success. The Peso is deteriorating, and petroleum costs are rising. This means the repercussions for an import-dependent country like the Philippines will be more difficult.
As we approach the tail-end of 2016, many businesses are beginning to close their books and prepare for 2017. Whether your enterprise fared well this year or not, remember that there will always be an opportunity for business. You can choose to switch enterprises or diversify to improve or change your value proposition. The key
Every country has its own convenience store. The US has “7-Eleven”; Japan has “Family Mart”, “Lawson” and “Ministop” while the Netherlands has “SPAR Express”. The Philippines has “Treats” and “Select” in every Petron and Shell gas station respectively and “All Day” from the Villar group of companies. But perhaps no retail unit is more identified
In times of economic hardship, it is human nature to explore other avenues to improve our financial situation. Hard work, extra shifts, a sideline; these are all the usual courses of action we take to earn a higher income. And then there are the unconventional routes where your chances of making money are left purely
When I was a student at U.P. Diliman in the 1980’s, my friends and I hardly ate at the canteens or cafeterias around the campus. We would prefer to take the jeepney ride to Katipunan Avenue and eat at “Katips.” Our every day viand was “Grilled Liempo” with unlimited rice for 50 Pesos. It was