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Startup Tips

Business structure 101

One of the important aspects of opening a business is choosing the way it is organized.

July 01, 2013 10:00:00
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

7 steps to making your own business plan

Here are the necessary steps.

Whenever it is possible, use charts and graphs to illustrate cash flows and projected return on investment. ...

November 28, 2011 01:00:00
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

The Beverly Hills 6750 saga [Part 4]

Reconstructing a beauty business

Road to recoveryOn February 1, 2008, Beverly Hills 6750, through their lawyers, filed the first of four estafa cases against Bunevacz, suing him for P1.8 million. In total, the estafa cases claim that Bunevacz embezzled at least P18 million from the clinic. ...

by Peter Imbong  | November 01, 2011 01:00:00
Business Ideas

The Beverly Hills 6750 saga [Part 3]

Reconstructing a beauty business

 Problem uncoveredOn December 13, 2007, broke the story that the Bunevacz couple had been “booted out” of Beverly Hills 6750. Days later, the clinic issued a statement confirming that the Bunevaczs had indeed left the company, and that the clinic’s lawyers ...

by Peter Imbong  | October 31, 2011 01:00:00
Business Ideas

The Beverly Hills 6750 saga [Part 2]

Reconstructing a beauty business

Convincing, insistentAccording to Santos, Bunevacz approached him in March 2006 after being recommended by a common pastor. “At first I said (to David), ‘I’m not the person you’re looking for,’ because I felt that the facility should be headed by a plastic ...

by Peter Imbong  | October 30, 2011 11:00:00
Business Ideas

The Beverly Hills 6750 saga [Part 1]

Reconstructing a beauty business

Beverly Hills 6750 is a multi-specialty aesthetic center that offers cosmetic surgery and other beauty services. To Filipinos, the name brings to mind the glitz and glamour of that opulent city in California where many Hollywood stars live. Even the clinic’s location, ...

by Peter Imbong  | October 29, 2011 08:00:00
Startup Tips

Should you buy a business?

Buying an existing business is not the same as starting one

Are you thinking of buying instead of starting your own business? Many successful entrepreneurs are described as people who started their business from nothing and grew it to what it is now. Indeed, it takes time—normally several years as the entrepreneur struggles ...

by Henry Ong  | October 28, 2011 01:00:00

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
Startup Tips

Writing your business roadmap

Writing your business plan will help you and your investors

A business plan—on paper—keeps you on the right track and can attract potential investors along the way.A business idea can be oh-so-brilliant that you could think that a business plan is unnecessary in order to set up the actual business. You must ...

by Entrepreneur Staff  | October 24, 2011 04:00:00
Business Ideas

10 ways to last more than 10 years

Lasting a decade is a feat

Most businesses last for three to our years and the select few last for 10 years. asked some of the most successful businesses that have been running for more than a decade as to the secrets of their success and here ...

by Entrepreneur Staff  | October 20, 2011 08:00:00

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