Three Challenges of Entrepreneurs in The Philippines

The previous couple of weeks virtually all over the place I go be it coffee shops, boards, or informal conversations, I often encounter somebody or a group expressing the difficulties in doing business within the country. Is this coincidental or was I just getting conscious? At any rate I made a decision to start writing and enumerating to avoid duplicity. I do encourage readers to hitch as we explore solutions.

Number 1: Government Licensing and Permits: entrepreneurs complain on how tough it is to use or renew with sure native government units. All the while I assumed President Aquino has ordered the streamlining of government transactions. In fairness there are cities, which are known for efficient transaction. It makes somebody feel like being in a private office. So what will we do here? I really feel now we have to get more people to come out within the open, express and establish where those LGUs are giving difficulties to the entrepreneur. I always imagine that to complain is one other thing however to do something offers us more the ability to achieve results.

Number 2: Prohibitive Rental Rates and different clauses in Malls: this comes virtually as a tie with the above. There is no doubt that doing business 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 nevertheless 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 each other. Allow us to avoid 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’ll have missed such event, does anybody know if there is one held or initiated? Generally I want there is a mall operator whose coronary heart is for the tenants first before profits. It hurts to see a newly opened store and after six to 12 months show signs of dropping cash, which eventually gets boarded up with a tag “For Lease”.

Number 3: Manpower: There are various who have no jobs. Unemployment is high within the country. Every time there is a job truthful, I see thousands 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 are in want of people that have the best attitude and disposition in life. Oftentimes, there is 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 typically catch his office employees always online in social media like Facebook or doing SMS to friends. The necessity of employing folks is a necessity unless we now have robots already in place. Nonetheless anybody wanting a job has to exert effort in being constant and serious 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 exposure and related to their courses. Ultimately this a big improvement as earlier than students are merely asked to do cleaning the office, getting ready coffee and filing papers as their task.

This is article could also be an eye-opener to some but for the others the challenges maybe are part of being an entrepreneur. I think we’d like not be complacent if we would like our country to achieve progress. From what I used to be taught by my mother, grandparents and lecturers, it is the duty of every 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 every day is significantly better than just taking no action at all. The president of the country can’t be expected to do everything. We have now to pitch in. Can we due to this fact say, “It is more enjoyable to do business within the Philippines?” without butting an eye?

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