An OPC is a domestic corporation featuring only one stockholder, who serves as the director and president. Unlike regular corporations, OPCs do not require multiple incorporators and directors. Creditors can only pursue the assets of the corporation, not the owner’s personal assets. Regulation is...
Any entity conducting business in Singapore, must register with ACRA. Exactly what ACRA registration and compliance rules apply to you may vary a little depending on the business entity type you choose to register. As a Singapore business owner, when you interact with ACRA it’ll often be done...
businessman,man of affairs- apersonengagedincommercialorindustrialbusiness(especiallyanownerorexecutive) oil tycoon- apowerfulpersonintheoilbusiness BasedonWordNet3.0,Farlexclipartcollection.©2003-2012PrincetonUniversity,FarlexInc. Want to thank TFD for its existence?Tell a friend about us, add a link...
The Philippines has six IRs. In metro Manila alone, there are Newport World Resorts (NWR), which was recently rebranded from Resorts World Manila, as well as the City of Dreams Manila, Okada Manila and Solaire Resorts and Casino in the Manila Bay Entertainment City. The fourth IR planned f...
A business owner is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. Like my dad, many people who run businesses don’t embrace their identity as “business owners.” On the other hand, you probably know someone...
One of the biggest reasons small businesses fail today is because the owner, the entrepreneur (that’s you!), believes they can run the show all on their own. Now, in the beginning this might be the case, and probably WILL be the case, as you bootstrap your way to business brilliance...
and collection of real property tax (RPT) is based on the property’s current and fair market value. Assessment must be conducted according to a uniform classification and on the basis of actual use, regardless of the property’s location and the identity of its owner or the person using th...
If you are currently managing a team, maybe you even have on virtual assistant in the Philippines or anywhere, it doesn't matter. Read this book. It will help you become a better leader. Even if you don't have a team yet, read it anyway. As you grow, as you bring people on your...
Running a profitable small business in the Philippines would probably mean getting a business loan at one point or another. This article explores the many types of business loans every business owner should be familiar with. Here are some of these: ...
Fast-forward eight years and he is now the proud owner of a Fresh Slice pizza restaurant in downtown Penticton. “We put it in our prayers and were granted the franchise in June 2023,” said Medrano in between serving customers. From the Philippines to Kuwait, where he met his wif...