Senate approves Youth Entrepreneurship Bill

Entrep-students-300x225 by Miel Feria, SERDEF Media Bureau (first published in the Philippine Online Chronicles, August 21, 2014) With a vote of 18-0, the Senate recently approved on third and final reading SB No. 2212 or the Youth Entrepreneurship Act, an act that mandates the Department of Education to make entrepreneurial and financial literacy education an integral [...] Continue reading →

More green business practices

green-factory1 Why go green in running your business? Because we live in an endangered planet.  Because we owe it to ourselves, our customers, our other stakeholders, our families, our children, our children’s children. Because – and perhaps this should be the least of our reasons – it makes good business sense.  Customers, suppliers, the community are [...] Continue reading →

The Enterprising You

enterprising you Do you want to run your own business and be successful in it?  Then YOU have to be enterprising. What does it mean to be enterprising? To be enterprising, one will need Energy, Need to Achieve Task-orientation, Empathy, Resourcefulness, Planning, Risk–taking, Innovation, Skills and Endurance.  If you look carefully, you will notice that the first [...] Continue reading →

Not for entrepreneurs only: Ways to lessen your carbon footprint

light-switch Everyone should sit up and listen to the clamor for more environment-friendly lifestyle and ways of doing business.  Already we have seen the catastrophic effects of climate change, demonstrated with great impact by the unprecedently hot summer days and phenomenally strong typhoons and other climate change occurrences. Granting that climate change is a mammoth issue, [...] Continue reading →

Beginner's Kit

Turning an idea into a business opportunity

biz idea If an idea is not necessarily an opportunity, what is an opportunity? When does an idea become an opportunity? A business opportunity is simply defined as an attractive investment idea or proposition that provides the possibility of a return for the person taking the risk.  Such opportunities are represented by customer requirements and lead to [...] Continue reading →

The bright prospects of a bakery business

bakeshop     For those studying the prospects of a bakery business, here are useful views and insights from those who have been there, done that. Ric Pinca, executive director of the Philippine Association of Flour Millers (Pafmil), is convinced of  the high potential of a bakery business.  “Bread is the country’s second staple and everyone [...] Continue reading →