Portal launched to assist first-time entreps build their dream businesses

TO help educate and provide easy access to needed details on business registration and compliances, Bizhub Philippines has created a portal for the ultimate source of information for enterprising individuals wanting to start a business.

“The first step to starting your business is going through the business registration process, which is no easy feat as it requires a lot of paperwork, preparation and research,” said Aldrin Enrile, general manager of Bizhub Philippines.

“With information at a click, or touch away, entrepreneurs should be able to access information on the Internet to keep their business on track,” he said, adding they maintain dedicated sections to help one determine the right type of business registration suitable for any individual or group seeking to register their entities.

“We have a calendar of reminders of their submissions and even free learning events which can help improve their skills,” Enrile noted.

Bizhub has tied up with several companies, law firms, an accounting firm, digital marketing and a bank to serve the needs of its growing clientele.

According to a survey conducted by the company’s client solutions managers among 50 first-time business owners, lack of knowledge and proper dissemination of information on business registration and the responsibilities that come after it are the common problems among entrepreneurs.

The study, likewise, showed that six out of 10 first-time business owners assumed that if a company does not generate any income for the month, it does not need to submit its monthly report to the Bureau of Internal Revenue.

“Entrepreneurs get too excited when they have a grand business plan. Their first hurdle is to register their business. But as soon as they get their permit, they think they’re good to go. Start-ups with little knowledge on compliances are not aware of the reports they have to submit to government agencies,” Enrile said.