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Showing posts from December, 2019

Agriculture Business in the Philippines

Philippines is blessed with fertile land and surrounded by vast ocean. Agriculture business is always the way to go.  Philippines is blessed with fertile soil to toil and grow sustainable crops all year round. Grains like rice and corn, fruits and vegetables like bell pepper and tomatoes will definitely give sure profits to farmers. Animal husbandry such as raising poultry, ruminants and hogs are also a profitable venture to consider. And how can we forget about one of the most viable agricultural business in the Philippines? Of course it's none other than fisheries! If you want to start one yourself, then you're in right place because in this post, we will talk about some of the most profitable agriculture business in the Philippines . 1.) Rice Farming Despite the issues that surrounds the rice industry, rice farming is still one of the most profitable agribusiness in the Philippines. If you own a huge track of land with a proper irrigation facilities, then all

3 Major Reasons Why a Filipino Business Fails

Filipino startups are prone to bankruptcy. Why? Read below and find out.  Business is one of the most powerful way to create wealth . If you managed to create a successful business, then I'm pretty sure that financial freedom is coming up next. But in order to become successful and profitable, you need to understand the fact that small business have a huge failure rate. According to SBA (Small Business Association) 22% of small businesses close down before they even reach the first year. Another 55% will trimmed before the fifth year and 25% before the tenth year. In our local market conditions, small businesses have higher mortality rate because the competitor are always aware of your presence and even ready to devour you alive. So why do Filipino startup businesses fail? In this post, we will talk about some of the major reasons why a business don't succeed and how you can avoid it yourself. 1.) Wrong Location "Dito ko na lang itatayo ang milk tea sho