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Business Ideas

On the Filipino consumer

Filipino consumers the most optimistic in the region.

Sales is an integral part of any business and to sell well you have to know your market. It is good to know that Philippine consumer confidence indexed at 119 in the last quarter of 2012, a one-point increase from the third ...

February 11, 2013 10:00:00
Startup Tips

Are you selling copyrighted or patented products?

Ownership of lawful rights to a patented or copyrighted product can be transferred only once.

The first-sale rule, also known as the first-sale doctrine or doctrine of patent exhaustion, provides that although a patent/copyright holder has exclusive rights over his product, such right becomes exhausted when he sells his product.In other words, the first-sale rule is a ...

by Reeza Singzon  | May 07, 2012 06:00:00
Business Ideas

How do I find the right price my product?

Learn the secrets to finding the profitable price for your product.

When selling a product, food and otherwise, you have to ensure sufficient earnings to cover your costs. Any income made beyond the production cost is considered profit. Before pricing your product, however, you must know certain basic terms:Fixed costs (FC). Expenses that ...

by Rocel Ann G. Junio  | March 05, 2012 01:00:00
Business Ideas

Closing the sale: How to turn \\\'No\\\' into \\\'Yes\\\'

One of the most consistent traits among high sales achievers is their ability to bounce back from rejection

One of the most consistent traits among high sales achievers is their ability to bounce back from rejection and be relentless in their pursuit of the sale. Knock me down eight times, and I’ll get up nine.Here are four ways to sell ...

by Entrepreneur Staff  | September 22, 2011 03:00:00
Business Ideas

Understanding the Filipino custom of \\\"buena mano\\\"

The practice is believed to bring good luck to the business

Buena mano is a Spanish phrase that literally means “good hand.” In Philippine business practice, the phrase means the first sale of the day, which is believed to bring good luck to the business. The meaning of the phrase is flexible, however; ...

September 05, 2011 08:00:00
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