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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 to keep your trade recipes secret

Your secret recipe should never be divulged.

A few weeks ago, an acquaintance offered to teach me the recipe for a popular brand of fast-food fried chicken. He said that a friend of his once did business with that particular restaurant chain and discovered, or was inadvertently given, its ...

by Reeza Singzon  | November 04, 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

Franchising Challenge: The franchisor, franchisee relationship

Franchising Challenge series will discuss problems that may arise in franchising

Franchising can be a very effective way to grow a business but like any other business, it presents its own unique set of challenges to both franchisor and franchisee. The use here of the word “challenges” instead of “problems” is deliberate, for ...

October 27, 2011 06:00:00

5 things every franchisee should remember

What you need to keep in mind

After checking out the various brochures, select one franchise concept. Then communicate with the foreign franchisor and get more information. Pay particular attention to the basic terms and fees of the master franchise for the Philippines and the steps to pursuing the ...

by Entrepreneur Staff  | October 20, 2011 01:00:00
Startup Tips

5 things every startup should look for in a contract

Basic information that should always be present in a contract

It is always good business sense for business transactions, especially those involving large amounts, to be sealed by contracts in order to assure all parties’ compliance with the agreement.In the Philippines, as stated by the Civil Code, people can use any form ...

by Entrepreneur Staff  | October 12, 2011 11:00:00
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

Ready to sign? Factors to consider in a franchise agreement

Three things that will help you understand better

Before you sign that franchise agreement make sure you read the three tips that has compiled for you. While you can be sure of the franchise brand you are about to sign up for, are you sure about what the franchise ...

by Entrepreneur Staff  | September 22, 2011 11:00:00
Business Ideas

Using copyrighted material for your business

When using the work of others you must first determine if copyright permission is required

Companies will often need to use works protected by copyright or related rights works to support their business activities says the Intellectual Property Office of the Philippines. When using the work of others you must first determine if copyright permission is required.You ...

August 18, 2011 04:00:00