Three Challenges of Entrepreneurs in The Philippines

The last few weeks nearly all over the place I’m going be it coffee shops, boards, or informal conversations, I often encounter somebody or a group expressing the difficulties in doing enterprise within the country. Is this coincidental or was I just getting aware? At any rate I made a decision to begin writing and enumerating to keep away from duplicity. I do encourage readers to affix as we discover solutions.

Number 1: Authorities Licensing and Permits: entrepreneurs complain on how tough it is to use or renew with sure local government units. All the while I thought President Aquino has ordered the streamlining of presidency transactions. In equity there are cities, which are known for efficient transaction. It makes somebody feel like being in a private office. So what will we do right here? I feel now we have to get more people to come out in the open, express and identify where these LGUs are giving difficulties to the entrepreneur. I always consider that to complain is one other thing but to do something gives us more the ability to achieve results.

Number 2: Prohibitive Rental Rates and other clauses in Malls: this comes virtually as a tie with the above. There isn’t a doubt that doing enterprise in shopping malls has advantages. Life for most people has included a weekly if not twice visits to the malls. An exemption is when the red label with words “SALE” is displayed hordes just keep on pouring inside. Entrepreneurs nonetheless are feeling a bigger intensity of “OUCH” with rental rates and different incidental charges. Can there be an sincere to goodness dialogue between Entrepreneurs and Mall Operators? Hear out every other. Allow us to keep away from squeezing the entrepreneurs dry to the bone. I always believe that transparency achieves a synergistic relationship. A mall operator can initiate an effort with their tenants. Unless I may have missed such event, does anybody know if there is one held or initiated? Sometimes I want there is a mall operator whose coronary heart is for the tenants first earlier than profits. It hurts to see a newly opened store and after six to 12 months show signs of losing money, which eventually gets boarded up with a tag “For Lease”.

Number 3: Manpower: There are numerous who haven’t any jobs. Unemployment is high within the country. Each time there is a job truthful, I see hundreds queuing even under the heat of the sun or in mall corridors. One level noted is the quality and expertise of manpower. Entrepreneurs do look for many who aren’t just doing menial tasks. They’re in need of people that have the proper attitude and disposition in life. Oftentimes, there may be lack of focus or seriousness on the work. Well with the presence of smartphones and Internet, effectivity has been affected. One entrepreneur was complaining he would often catch his office staff always on-line in social media like Facebook or doing SMS to friends. The need of using folks is a necessity unless we’ve robots already in place. Nonetheless anybody wanting a job has to exert effort in being consistent and severe within the conduct of employment. Our academic institutions have begun their drive on the proper molding of their students. I know of a school the place students who are on OJT (On The Job Training) are monitored if they’re getting the proper publicity and associated to their courses. Ultimately this a big improvement as earlier than students are merely asked to do cleaning the office, preparing coffee and filing papers as their task.

This is article may be an eye-opener to some yet for the others the challenges maybe are part of being an entrepreneur. I think we need not be complacent if we want our country to achieve progress. From what I was taught by my mom, grandparents and academics, it is the duty of each Filipino to contribute in making motherland shining again. We did years ago when the Philippines was occupying the top spot among Asian countries. A small achievement each day is significantly better than just taking no action at all. The president of the country can’t be expected to do everything. We’ve got to pitch in. Can we subsequently say, “It is more fun to do business within the Philippines?” without butting an eye?

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