CONDURA GUIDE TO STARTING YOUR OWN BUSINESS
Condura Guide to Starting Your Own Business
Condura Guide to Starting
Your Own Business
STEP 1
Plan Your Business
RELATED ARTICLES
Plan Your Business
Make your “negosyo” feasible and functional
in the long run by planning it properly.
- Spot your potential clientele
- Identify their needs that your enterprise
can address - Determine your firm’s requirements, including
the capital, taxes, license, and receipts
RELATED ARTICLES
STEP 2
Supplier Sourcing
RELATED ARTICLES
Supplier Sourcing
A reliable supplier can lessen the possible
loss of earnings through these best practices:
- Providing excellent-quality goods
- Offering reasonable prices
- Delivering orders on time
RELATED ARTICLES
STEP 3
Register Your Business
RELATED ARTICLES
Register Your Business
Avoid legal issues that can disrupt
your operations by following government
requirements for businesses.
- Business Registration – DTI (sole
proprietorship), SEC (partnership and
corporation), and CDA (cooperatives) - Mayor’s Permit
- Municipal License
- SSS, BIR, and DOLE filings
RELATED ARTICLES
STEP 4
Finance Your Business
RELATED ARTICLES
Finance Your Business
Handling your finances wisely guarantees your “negosyo’s” survival.
- Minimize expenses
- Keep business and personal funds separate
- Avoid credit with high interest rates
RELATED ARTICLES
STEP 5
Sustainability of Business
RELATED ARTICLES
Sustainability of Business
Appropriately manage your “negosyo’s”
operations to ensure its longevity.
- Set measurable business goals
- Keep your enterprise’s activities
aligned with its objectives - Carefully monitor your income and
expenditures
RELATED ARTICLES
STEP 6
Business Expansion
RELATED ARTICLES
Business Expansion
Visualize how your “negosyo” will be
in the succeeding years.
- Determine the steps you will take to
achieve the future you envisioned for it - Improve your existing products and services
- Plan for new goods and services
RELATED ARTICLES
1
STEP 1
Plan Your Business
Make your “negosyo” feasible and functional in the long run by
planning it properly.
Make your “negosyo” feasible and
functional in the long run by planning
it properly.
functional in the long run by planning
it properly.
- Spot your potential clientele
- Identify their needs that your enterprise can address
- Determine your firm’s requirements, including the capital, taxes,
license, and receipts
- Spot your potential clientele
- Identify their needs that your
enterprise can address - Determine your firm’s requirements,
including the capital, taxes, license,
and receipts
RELATED ARTICLES
2
STEP 2
Supplier Sourcing
A reliable supplier can lessen the possible loss
of earnings through these best practices:
of earnings through these best practices:
A reliable supplier can lessen the
possible loss of earnings through these
best practices:
possible loss of earnings through these
best practices:
- Providing excellent-quality goods
- Offering reasonable prices
- Delivering orders on time
RELATED ARTICLES
3
STEP 3
Register Your Business
Register Your
Business
Avoid legal issues that can disrupt your operations by
following government requirements for businesses.
following government requirements for businesses.
Avoid legal issues that can disrupt your
operations by following government
requirements for businesses.
operations by following government
requirements for businesses.
- Business Registration – DTI (sole proprietorship),
SEC (partnership and corporation), and CDA (cooperatives) - Mayor’s Permit
- Municipal License
- SSS, BIR, and DOLE filings
- Business Registration – DTI (sole
proprietorship), SEC (partnership and
corporation), and CDA (cooperatives) - Mayor’s Permit
- Municipal License
- SSS, BIR, and DOLE filings
RELATED ARTICLES
4
STEP 4
Finance Your Business
Finance Your
Business
Handling your finances wisely guarantees your “negosyo’s” survival.
- Minimize expenses
- Keep business and personal funds separate
- Avoid credit with high interest rates
RELATED ARTICLES
5
STEP 5
Sustainability of Business
Appropriately manage your “negosyo’s” operations
to ensure its longevity.
to ensure its longevity.
Appropriately manage your “negosyo’s”
operations to ensure its longevity.
operations to ensure its longevity.
- Set measurable business goals
- Keep your enterprise’s activities aligned with its objectives
- Carefully monitor your income and expenditures
- Set measurable business goals
- Keep your enterprise’s activities aligned
with its objectives - Carefully monitor your income and
expenditures
RELATED ARTICLES
6
STEP 6
Business Expansion
Visualize how your “negosyo” will be in the succeeding years.
- Determine the steps you will take to achieve
the future you envisioned for it - Improve your existing products and services
- Plan for new goods and services
RELATED ARTICLES
Guide to Business Registration
SOLE PROPRIETORSHIP
Sole Proprietorship
Register with Department of Trade & Industry (DTI)
- Business Name Registration Certificate
- Where: The DTI Provincial Office where the business is located.
You can likewise log on to https://bnrs.dti.gov.ph/. - Validity: 5 years
Sole Proprietorship
Register with Department of Trade & Industry (DTI)
- Business Name Registration Certificate
- Where: The DTI Provincial Office where the
business is located. You can likewise log on to https://bnrs.dti.gov.ph/. - Validity: 5 years
PARTNERSHIP &
CORPORATION
CORPORATION
Partnership & Corporation
Register with the Securities and Exchange Commission (SEC)
- SEC Registration Certificate
- Where: Ground Floor, Secretariat Building, PICC Complex,
Roxas Boulevard, Pasay City - Tel. Nos.: (02) 8818-9225/8818-0763 (Corporate and Partnership
Registration Division) - Email: imessagemo@sec.gov.ph
- Website: www.sec.gov.ph/ or https://crs.sec.gov.ph/
(for online company registration) - Validity: 50 years
Partnership & Corporation
Register with the Securities and Exchange Commission (SEC)
- SEC Registration Certificate
- Where: Ground Floor, Secretariat Building