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Startup Tips

What is estafa?

Is estafa equivalent to swindling? How can we avoid it?

Estafa is the legal term used to describe certain forms of swindling. Thus, a person can be considered a swindler for committing a form of estafa. However, a person can also be a swindler by committing other acts that are not necessarily ...

by Peter Imbong  | June 08, 2015 06:00:00
Startup Tips

How much should I pay my employees during a holiday?

The law is clear on the compensation due to workers on regular and special holidays

Since the holiday season is here, now is the best time to understand what the law provides when it comes to compensation for your employees during holidays.There are 10 regular holidays in the Philippines: New Year’s Day (January 1), Maundy Thursday (date ...

by Entrepreneur Staff  | September 02, 2012 11:00:00
Business Ideas

Home-based or lease a commercial space?

Things to consider in putting up a home-based business.

Q: My husband and I are thinking of putting up a small business . We already have something in mind and the plan is slowly starting to shape up. To save on start-up costs and monthly overhead, we initially thought about setting ...

by Atty. Reeza Singson  | April 22, 2012 09:00:00
Startup Tips

3 things for a foolproof non-disclosure agreement

What should you include in the agreement

Last week, lawyer Reeza Singson discussed the importance of keeping your trade secrets secret from your suppliers and other people that you deal with. She also discussed legal remedies like the inclusion of a non disclosure stipulation in your contracts. To help ...

by Entrepreneur Staff  | November 07, 2011 09:00:00
Business Ideas

6 things you should know about your taxes

You can file lower taxes legally

The consensus among traders seems to be that government collects too much taxes from business enterprises, but with little or minimal development or benefit to business to show for it. As one trader who asked not to be identified told Entrepreneur Philippines, ...

by Rafael Santos  | October 27, 2011 03:00:00
Startup Tips

How to deal with succession issues

Is it immediately turned over to the first-born son?

Who takes over when a business’s leader dies? The succession question in your business depends a great deal on its form, and there are three: the single proprietorship, the partnership, and the corporation. As its name suggests, a single proprietorship is a ...

by Entrepreneur Staff  | September 26, 2011 04:00:00
Business Ideas

What the law says about dismissals

It takes more than a valid ground to fire an employee

As an entrepreneur expanding your business and recruiting people, you will eventually be tasked to let go of employees that are not performing well or don\\\'t fit with the culture of the start-up.When dismissing an employee, the law not only requires a ...

by Entrepreneur Staff  | September 14, 2011 06:00:00