Why Corporation is a must!

Starting a business means choosing the correct form of organization. Of all the forms, you know what, corporation has the advantage over the rest. Perhaps you would probably ask “why incorporate and go through the hassles of extra paperwork and tax returns?” Why incorporate? Ladies and gentlemen, incorporation is just another form of insurance. How? … Continue reading Why Corporation is a must!

RR 15 of 2010

Last January 21st, I posted a topic about Revenue Regualtions number 15 of 2010 (BIR RR 15-2010). Now, I would like to share a copy of the regulation for your reference. RR-15 of 2010 is all about an additional procedure and/or documentary requirements in submitting financial statements to the BIR.  For example, in addition to disclosure … Continue reading RR 15 of 2010

Business, be smart!

Business, it's all about risk. Just like entrepreneurship it is risk. Why, because if you're planning to venture a business, think about this, you only have 20% chance of making it through the first five years.  And most start-ups died on its two years of operations. You tell me of people bragging about their ventures, … Continue reading Business, be smart!

Court order issued by RTC Branch 126 Caloocan on BOA-PRC-QAR

Apparently, this court order copy issued by Caloocan RTC branch 128 has been floating around via emails since December 30, 2010.  Perhaps, it's about time to share this copy by means of this blog specially that I am getting a lot of queries about this subject. Anyhow, the meat of this order why it was favored by … Continue reading Court order issued by RTC Branch 126 Caloocan on BOA-PRC-QAR

A Professional Firm?

Blogging requires time and subject matter. Obviously, "BUZINESS 1", tackles business. Haha! Anyhow, like other individuals with a sort of etrep-mind, I too have explored several business(es), well of course, that sort of biz that will not only survive in recession time...but will also thrive...and most importantly it is within my capital budget to start … Continue reading A Professional Firm?