The Barangay Micro Business Enterprise (BMBE)

The State recognizes that thriving businesses are indispensable to a healthy economy. As businesses succeed in their respective domains, more job opportunities are created, and more investors are attracted. This leads to a more robust ground for fiscal growth, which makes life more prosperous for both the country and its citizens. Therefore, in order to encourage those who have entrepreneurial inclinations who only have relatively small available resources to start an enterprise of their own, R.A. No. 9178, also known as the Barangay Micro Business Enterprise (“BMBE”) Act of 2002, was passed.

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Watch Out for Trademark Copycats

In today’s time where competition is too stiff in the market, established businesses continue to thrive because of their reputation, among others, which they have established over the years. When customers purchase their products or engage their services, part of what they are paying for is the confidence that a certain product or service meets their expectation.

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Employer’s Guide to Minimum Terms and Conditions of Employment

It is the policy of the State to rationalize the fixing of minimum wages and to promote productivity-improvement and gain-sharing measures to ensure a decent standard of living for the workers and their families. Thus, employees are to be paid minimum wage rates, as determined by the Regional Tripartite Wage and Productivity Board.

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Corporation as Business Structure: Most Preferred for Your Growing Enterprise

You might be thinking of starting your own business. Becoming a sole proprietor may be at the top of your head right now. However, you may have a better option – forming a corporation. A corporation promises a more prestigious form of business. In fact, the biggest, richest and most prominent companies in the world are corporations.

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