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.
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
For ten years I was in the food business. From 1998 to 2008, my family and I operated a chain of hamburger stores that were franchised from the United States. Like many Filipinos, I wanted to start a small food business in the Philippines. Seeing the long queues and over-worked cash registers made the food