To all the Dads, heroes of the homes and workplaces.
A site for recollection and reemphasis of entrepreneurship and sound business practice. A compilation of both theory and practice of business entrepreneurship. The author is both a practicing businessman and former academic
Sunday, June 16, 2024
Friday, June 14, 2024
What pisses you off? Primary driver of innovation
Every generation needs a revolution - an entrepreneurial revolution
What drives innovators and entrepreneurs?
WHAT PISSES YOU OFF? What gives you pain? The entrepreneur's goal is to remove that irritant, by improvement of process, inputs, leadership and management
Discovering new product, new solution?
No other thing fuels innovation and entrepreneurship.
Are there? Any suggestion?
Ease of doing business in the country - will it ever happen?
Every generation needs a revolution - an entrepreneurial revolution
The country's think tank and top govt officials at looking at the amendment of the basic law to change how things will go, especially business in the years to come to achieve superior economic growth and provide jobs and employment
But the convoluted laws and system of government at the lower level will not make this happen.
Let us say you are a developer and you want to put up a land development project:
You have to navigate the following and this requires a lot of time and expenses:
Tasks Agencies Involved Time required
1. Incorporating the business DTI SEC
2. Getting permits
1. LGU
2. BIR
3. DTI
3. Land acquisition 1. Assessors Office
2. BIR
3. Register of Deeds
4. Project Approval 1. Barangay clearance
2. LGU City, Mun Council
MPDC, Mayor
3. DA: Burea of of Soils
NIA
4 DAR
5. DOH
6. DHSUD
7. Bureau of Lands
8. DENR
In Singapore you can register your business in 1 hour. How about in PHL?
This post did not put the timelines. But easily, optimistic is 3 years, pessimistic is 5 years. This is for a local business. How much more if this is an offshore/foreign business. The more grease money is needed to expedite the process.
Staff of government agencies would seem to enjoy the idea that the liaison officer of the proponent keep of returning to get the approval
Improve the local laws and processes. Streamline. Then maybe ease of doing business can improve. So with our competitiveness.
I just saw that an App makes you start a business in one hour in Singapore
Amending the Charter? They are wasting their time. Thats the easy way out. Perhaps they should look internally and look the other way.
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